Online Gambling Debts – How to Deal With the Causes and Effects of Online Gambling Debts

One thing there is no shortage of on the internet is opportunities to gamble. We are spoilt for choice, whether your fancy is for betting on sports, playing virtual card games or bingo. One of the things that makes internet gambling so potentially dangerous is that it is easily available for 24 hours a day. The real danger comes when you combine this factor with the fact that it is so easy to feel detached from the reality of money spent online. Gradually racking up a debt online does not feel the same as handing over hard earned cash from our wallet, so it is that much easier to lose track of how your online spending is mounting up.

For these reasons, debt problems from internet gambling are on the increase. In this article I hope to clarify some of the legal issues around online gambling, as well as providing some advice on dealing with the underlying problem and the debts that result from it.

Legal Issues Around Gambling Debts

When we talk about debt from online gambling it is important to be clear about the nature of the debt, because who the money is owed to does make a difference. People are often unsure about the legality of debts from online gambling. In the UK you can gamble legally on credit and incur a debt, but this debt is not then enforceable through the law.

However, there is an important point to make here, which is that this only applies when you are using credit extended by the company offering the gambling (casino, bookie, etc). If you use a credit card company to pay for internet gambling, that is a legally enforceable debt the same as it would be in any other circumstance, because you have borrowed money from the credit card company, not the casino. It is now against the law in the US to use a credit card to pay for online gambling.

You will find that many credit cards will regard a payment to an internet gambling website as a cash advance. This is then clearly borrowing money from the card company and the debt you incur can be pursued through legal action. If you do use a credit card to pay for online gambling this way, you should be aware that cash advances on credit cards are almost always charged at a much higher rate of interest than normal credit for purchases.

How To Deal With Debts Caused By Gambling

In dealing with gambling debts, there are two separate issues to tackle. One is the debt itself, and the other is the habit of gambling that led to the debt. Even if the debt is dealt with, it is likely to build up again if the root cause is not tackled too. Let us first consider the problem of paying off the debt.

The principles for tackling debt are nearly always the same, irrespective of the causes of the debt. To permanently deal with debt you should not be considering borrowing more money or paying anyone to deal with your debt for you. These courses of action are likely to deepen your debt in the long run.

With a little advice, you can deal with your debts yourself, by contacting your creditors and agreeing terms for repayment that you can afford. There is clearly more to it than that, but it is beyond the scope of this particular article. The process is straightforward and allows you to take back control of your finances.

Factors Leading To Internet Gambling Debts

It may help to have an understanding of why some people can become addicted to online gambling. The following are often contributory factors:

Gambling can be thrilling, leading to an adrenalin rush and feelings that we want to recreate time and again.

Many addictive gamblers think that they can win money and that this will solve all their other problems. It actually just leads to more problems by creating debt, which can then make it seem even more important to win the money, creating a vicious circle.

Addiction to gambling can actually be a mental disorder, which can lead to a compulsive need to gamble.

Being addicted to online gambling is often associated with other personal difficulties, including depression and stress.

Online Gambling Debts – The Warning Signs You may have a problem if you can answer yes to any of the following questions:

When you are not gambling, do you think about gambling and how you are going to get back to it?

Have you ever missed work because of online gambling?

Do you feel the need to gamble again after winning or losing?

Is the length of time you spend on gambling getting longer and have you ever spent longer online than you thought you had?

Are you secretive about your gambling with family or friends and do you dislike other people bringing it up?

Practical Steps To Tackle Online Gambling Addiction If you think you may have a problem with online gambling, here are a few simple steps you can take to begin to reduce or stop the habit:

Be open with friends and family and seek help with the problem.

Cancel any accounts you have with websites for online gambling.

Consider using software that blocks your access to online gambling websites.

Reasons Which Make Video Games the Most Addictive Interface

Talk about video games and all heads start turning. In the present scenario where the technology is advancing rapidly, the games are gaining huge momentum. Whether kids, youngsters or even elderly people, all seem to have swayed with its addiction. These have been in existence for quite a while now and is also one of the largest source of entertainment around us. To understand it better, let us have a close overview of the types of games and the negative and positive effects it has.

Types of Video interface games- These are of various kinds and have different skill sets, with time limitations as well, some are quite basic while others are too advanced. A few of them are-

• Casual Play Games- These games are generally of small duration and are easy to play. They do not need any specific software or system.

• Online gaming – These types of games can be played on any sort of browser and thus attracts a larger audience, involves strategy and role plays. These games need no specific operating system and are more often played by dedicated gamers.

• Social Network games- These are very common games which are played with the help of social networking forums in order to access its users.

Effects of Video Console Games- Playing such games comes very naturally to kids, something which needs not to be taught to them and they get well conversant with it as they keep playing and has its own effects, some which are quite positive, while others which are detrimental to the health and the overall well- being. Let us take a look at its positive and negative sides.

Positive Effects

• It is said that playing video console games makes the brain very sharp and improves hand eye synchronization.

• They become more adept in facing situations later in life as the skill sets of each level are different and they have to keep the pace going in order to play the game.
Negative Effects

• It is more of an addiction and kids give it the foremost importance.

• The attention diverts from studies due to playing games

• Few games involve getting violent in order to kill the opponent and win it so the player starts practicing the same in the real life as well.

• Physical exercise gets reduced as kids want to play video games and not outdoor games.

Even though video games are the most comfortable and user friendly gadgets for people of all ages, especially kids, yet if proper care is not taken it can prove hazardous for the health. So it is of utmost importance that these are given for a stipulated time and are played under proper guidance.

Games Can Be Much More Useful Than You Give It Credit For

The age old sayings have always said that games are the best way to keep you away from complete dumbness and boredom.

Games are the perfect sort of escape from a monotonous life and it helps to refresh your brains from extreme tiredness and same old routine.

In today’s world, video games have risen to an unexpected level of entertainment. It has gained a lot of popularity and has come up with different kinds of variations in its content.

With technology speeding up in lighting speed, Video Games have created quite a name for itself amidst the younger generation and it happens to have a lot of health benefits as well.

1. A healthy shot for the development of your vision

A lot of discoveries and research by scientists have led to the belief that there are certain games which if played in moderation can help you in improving your eye sight for the better. Do not bend more towards straining your eyes, but a moderate amount of times spent focusing and enjoying video games was seen to get a minimal amount of improvement in the affected eye. It has been heard saying lot that watching too much of television is harmful for the vision, but in the case of video games, the outcome is opposite but again it should be done in moderation and the limit should not be exceeded.

2. Getting the crowd to like knowing about the history of places and people

Some of the video games involve historical excerpts and references in their video games. A lot of these games use a historical background to create a story around the game so that it comes out in a flow. These uses of historical characters and places can get kids excited to know more about such historical facts and gain their interest. Thus these video games are a sort of educational inspiration as well to spark the interest regarding history amidst the players.

3. Helps in getting some physical exercises done

There are certain games that would require you to participate a lot more and get your entire body involved thus indulging in a lot of bodily movements. However there are some games in which even a simple handheld controller would drive you towards some physical activity. Certain sports games such as football, basket ball, and long tennis can motivate and help the children to practice and enjoy the same skills outdoors as well. So it is not like it is only limited to indoor activities or indoor involvement.