Gambling Addiction

Gambling Addiction [Cut it to bone]

Online gambling is one of the most popular ways for both making money and enjoys placing bets on sports or enjoying the many available casino games. Unfortunately, gambling addiction is a double-edged sword. It can make you lots of money, but on the other hand can take all of them from you. Most of the time, the negative effect of gambling, is caused by gambling addiction. So, in order to help you prevent gambling addictions, we from betinception.com, are going to talk about how you can determine if you suffer from gambling addiction, how to diagnose it, and of course, most importantly, how to prevent, or overcome it. Alongside, also you will understand how you can improve your betting experience. So, let’s start.

Is Gambling Addiction a mental illness or bad money management?

First of all, let’s first explain, what is online gambling. Online gambling is simply risking your money, in order to multiply them. But, there are many gamblers, who really cross the line of gambling, and let the gambling addiction enter their lives.

According to many specialists, gambling addictions can be determined as a mental illness. You just need to put your money in play, and you cannot even live without it. Actually, this illness is quite similar to alcoholics, and unfortunately, most of those players, who suffer from gambling addictions hide it, so it becomes worse.

On the other hand, many people from all over the world believe that gambling addictions are just bad money management. Actually, gambling addiction and bad money management are two different things, and the good news is that they can be easily determined. Most of the players who think that they suffer from gambling addiction, end up realizing that they just cannot manage their money. The good news is that this is easy to be fixed, and even we from betinception.com, have a whole bankroll management guide. Now, let’s see some of the key factors, which show that you are not suffering from gambling addictions, but just cannot manage your bank.

Signs for bad managing of your money:

  • You are not tracking how much you bet,
  • You do not have a certain betting strategy,
  • You chase lost bets,
  • You cannot limit your chain losses,
  • You place big money on a single bet,
  • You win a few bets, and in the end bet all of the profits on one bet, which may be not successful,
  • You are not confident enough about placing bets.

The ultimate checklist for gambling addiction

If you saw yourself as a player, who just cannot manage the bankroll, you can be happy, bankroll management can be easily learner. But, if things are a little bit more complicated, you may be suffering from a gambling addiction. There are many players, who cannot manage their bankroll, but also let gambling addictions enter their lives. So, we from betinception.com, are going to list some of the major signs, which clearly show that you suffer from gambling addictions. In order to determine if you welcomed gambling addiction in your life, just answer the following questions.

  1. Do you steal money to use for gambling?
  2. Does gambling control your life?
  3. Have you ever gambled when you cannot afford to?
  4. Do your friends and the family think that you gamble more than you need to?
  5. Do you neglect bills to use the money for gambling?
  6. Do you lie about your gambling habits?
  7. Have you consistently increasing the risks when you gamble?
  8. Do you consistently avoid work, parties, or other commitments to gamble,

Unfortunately, if the answer is yes to only one of the questions, and you do this often, you probably suffer from gambling addictions. If the positive answers are more than 2, you for sure suffer from gambling addiction. You should be aware that if you answer yes only on one of those questions, that means that the chance for expanding your gambling problems is huge. If you won’t do something now, it may grow into an even bigger problem.

And now, let’s see a single sign question that can answer if you have a gambling addiction or not:

  1. Have you lost your house, job, car, ended up relationship, etc because of gambling.

What does gambling do to your brain?

Unfortunately, gambling not only has a positive side but also can affect your brain. What we mean by that, is you can think that gambling is a get-rich-fast scheme or a way to get lots of promotions and prizes.

But, the truth is, yes you can get rich from gambling, and you also can get many prizes and promotions, but you must have a strategy that you follow, and you have to know how to manage your bankroll, and more importantly, you have to be strict about the rules and strategies that you created. Actually, there are millions of players who keep betting, and they end up in profits every month. But, those players do not let gambling control their life, they do not think that they can rich overnight, and they follow their strategies.

The secret to a successful gambling journey is your brain. How you think of gambling, and last but not least how you are planning to continue with gambling, which can be both hobby and a job. The advice that we from betinception.com, are going to give you, is to not let gambling enter your life, do not let it control your life, do not think of gambling as a get-rich-scheme, and also made your own strategy about betting, or just see some strategies that work for other players, and be sure to follow them strictly. Once you learn to control gambling, instead of letting gambling control you, you will be successful, and you will never be afraid of gambling addiction.

How to stop gambling addiction?

So, if you determined from the questions above that you are actually into gambling addiction, do not worry, we from betinception.com, are here to help you with that. Gambling addiction can be treated differently, depending on how far you let it in your life. But, there are some common solutions, which worked for many players, and will probably work for you, if you already let gambling addiction control you.

For some players, gambling addiction can be treated quite easily, and you do not even to stop it forever, so be sure to catch it on time. But, on the other hand, some players, just cannot overcome gambling addiction, so that they are forced to stop it, if not they want to ruin their life. Actually, gambling addiction is treated with similar methods as other addictions, like drugs, alcohol, etc.

Lifestyle Changes

The first and probably the hardest way for treating gambling addiction is to change your daily lifestyle. Actually, this is quite difficult, but it is quite helpful. By changing your lifestyle, you will be able to overcome the gambling addiction. You may need to reconsider your financials, and even talk to a specialist to help you manage them. By that, you will not leave any money for gambling, or you just leave a small part of them, so that you cannot end up caught by the infinite circle of gambling addiction.

Learn how to manage your funds

We already told you that learning how to manage your bankroll can be quite helpful for your successful betting journey, it can also be the savior for you in the battle with gambling addiction. By learning how to successfully manage your finances, you will understand that there are more important things than gambling, and you will not put aside as much money as you put before.

Consultation with a Specialist

Sometimes gambling addiction can be caused by many different reasons. Sometimes it may be caused by deeper emotions that you have, or something else, based on emotions, past bad memories, etc. If you just cannot find the answer to the question, what causes gambling addiction, the thing that you have to do is to consult with a specialist. This will not only help you find what causes the addiction but also can help it overcome it.

Rehabilitation program

If you just cannot get through a gambling addiction by yourself, and it comes worse and worse, the only way for you to get over it, is to go to a rehabilitation program, like the inpatient and outpatient rehabilitation programs. For you going to a certain place, where you will be controlled by a specialist, who aim to help you overcomes your gambling addiction can be quite helpful, and this may end up as forgetting about gambling, but for some people, gambling addiction is continuing after they get out of that treatment facility. So, that you may need to use the outpatient program, which is simply attending classes, or one-on-one therapies, which will help you overcome gambling addiction, and become better and better in your life, school, work …

How to improve your betting experience without getting addicted?

The good news about gambling is that they are not dangerous, but you have to know how to place them correctly. Actually, betting can be quite profitable, and also can bring a lot of satisfaction. There are millions of professional gamblers, who made living from betting, and both earn money and enjoy their lives. Now, we from betinception.com are going to give you some of the most important tips, about how you can improve your betting experience, and also without getting addicted.

Put Some Time on It

We already mentioned a few times that gambling is not a get-rich-fast scheme. In order to be successful in any type of betting, you have to put a lot of work into it. You have to spend time researching, tracking statistics, reading educational articles for gambling, from which we have a lot in betinception.com, and you also have to learn how to analyze successfully. You just have to remember that you need to put some time into gambling if you want to end up getting huge profits every month.

Niche it or Die

If you want to be more successful in your betting journey, you have to do one thing if you did not do it yet. You have to choose only one way for betting. You just cannot master all types of betting, you just have to choose if you want to be a sports betting player, casino, and after that, you have to dig even deeper. For example, if you want to bet on sports, you have to choose which sports you will bet on. You can go even deeper and choose certain leagues, and on which markets you will bet.

Lifetime Improvement

No matter if you want to start a betting journey, or work some 8 - 5 job, or start a business, you have to be aware of one fact, which most people underestimate or realize too late. If you want to be successful you have to learn during your whole life, and you need to always focus on improving your skills, abilities, techniques, etc.

Managing your finances

You already know that it is crucial for you to learn how to manage your finances if you want to treat gambling addiction, but actually, this is also crucial for improving your betting experience. If you do not know how much to stake, how to set your limits, and how much you can afford to lose, in order to end up in profits, you will never be successful. So that, we from betinception.com, really advise you to learn more about bankroll management, and the good news is that we have a full Money Management Guide.

Frequently Asked Questions about Gambling Addiction

Q: Is gambling addiction a mental illness?

A: People gamble because of many different reasons, and while some of them are successful and organized, some people can end up addicted. Once gambling becomes an addiction, it may cause many mental problems.

Q: How do you stop gambling addiction?

A: There are many ways to stop gambling addiction. Actually, it depends on you, you have to determine how far you let this addiction in your life. Sometimes you even need to go visit a specialist or even attend a rehabilitation program, depending on your situation.

Q: Why people get addicted to gambling?

A: There are a bunch of reasons why people get addicted to gambling, but actually, it is the same as alcohol. You can get addicted, only if you forgot yourself, and let gambling control you. If you have a problem with compulsive gambling, maybe your brain is stimulated by the rewards system, and you think that you can win millions in no time. 

Q: Can banks block gambling transactions?

A: Many banks all over the world now offer the option to limit your gambling transactions, which is a perfect way for you to limit losses. So, if you have a bad day, and you lose a lot, instead of winning, just be sure that you set your own limit to the bank so that you do not end up losing more.

In Summary about Gambling Addiction

There are two different sides to gambling. The one is positive, but the other one is quite bad and is called gambling addiction. If you know how to bet, if you have your own strategy, and follow some rules that you have created, and most importantly, do not let gambling influence you, you can be quite successful, and of course, end up in huge profits. But, on the other hand, is a gambling addiction, which can ruin your life if you do not prevent it, or treat it on time. The good news is that we from betinception.com created this Gambling Addiction article, which will help you improve your betting experience, instead of going down, also help you control your gambling journey, instead of letting gambling control you.