Myths About Gambling and Their Truthful Facts

For quite a long time, gambling has been blamed for the financial, social and mental problems that occurring to individuals. However, gambling can be safely done if the individual truly understands the positive and negative sides of the activity. Most people think that gambling is bad and make generalizations about it. Here are several myths about gambling that have been circulating around the community and their truthful facts.

Myth #1: Gambling is regarded as a trigger to addiction

Fact: Gambling indeed may cause an addiction. However, just like cigarettes and alcohol, it is less harmful if done responsibly. In this case, the activity cannot be blamed. Instead, the irresponsibility of the individual during the gambling activities should be controlled in order to prevent addiction.

Myth #2: Lottery is a good way to invest your money

Fact: When a person wins a lottery, he or she will be likely to receive a huge amount of money. However, the chance of winning the lottery cannot be forecast. Once the winner is decided, the lottery will be recycled with completely random numbers. There are no patterns in lotteries that you can discover. The more coupons you buy, the more likely you will lose your money.

Myth #3: Gambling is a crime

Fact: Addiction to gambling may trigger the individual to commit illegal acts such as theft, fraud, forgery, etc. However, the activity itself is not a criminal act. In fact, in most countries, gambling is legally acknowledged and controlled by the authorities. In areas like Macau or Las Vegas where casinos are centrally built, the activity has become major economic force. However, to be able to participate in legal gambling, you should be over the minimum legal age.

Myth #4: You have to bet everyday to be considered a problem gambler

Fact: People who bet everyday are more likely addicted to gambling. However, you do not need to do this daily to have problems with gambling. If you have once had trouble connected to addictive gambling, you should extra careful to avoid the possibility of engaging in further problems.

Myth #5: Betting while feeling depressed is just a harmless escape

Fact: A depressed person who places bets may drown his or her bad feelings with the excitement. In fact, many people gamble to forget the problems in life. Very few people succeed in drowning their hardships in life by gambling and yet manage to stay away from an addiction. People who get stuck with an addiction should work more on their priorities before participating in betting activities.

Myth #6: Gambling only creates losses

Fact: Lotteries are other betting activities also often used for raising money during charities. To help less unfortunate people, casinos occasionally hold charitable activities to gain profits. This shows that gambling can also be used for noble purposes.

Myth #7: You are able to visit casinos freely anytime

Fact: In most casinos, you must prove that you possess a healthy financial state before entering the building. In Singapore, for example, a person who visits the same casino for the fifth time within a month is considered a high-frequency gambler. On his or her sixth visit, the person must prove that he or she is not currently having financial problems before being allowed to play.