LAS VEGAS United States
Member #47,728
November 22, 2006
9,386 Posts
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DateLine: October 18tht, 2017, Columbus, Ohio
Report: % percentage of Ohioans problem gamblers has doubled since the opening of racinos and casinos five years ago.
Ohio gambling survey say approx 1 percent of residents or about 76,500 players are problem gamblers ot about 1 in 10 is considered at risk gambler. Wagering @ racinos, casinos, and sports betting followed by Ohio Lottery
*I Advice for avoiding @risk gambler include making a budget and sticking to it before gambling and not playing on credit.
*I might add: set a stop loss limit & not betting any more then the money in your pocket & AVOID on property ATM Bank Withdrawals
**
Last time @ a casino I witnessed a lady @ a ATM machine gleefully proclaiming "I WON, I WON! LoL
Player Advocatus
Eddessa_Knight play safe, secure in sensible Light
LAS VEGAS United States
Member #47,728
November 22, 2006
9,386 Posts
Offline
Quote: Originally posted by eddessaknight on Oct 21, 2017
DateLine: October 18tht, 2017, Columbus, Ohio
Report: % percentage of Ohioans problem gamblers has doubled since the opening of racinos and casinos five years ago.
Ohio gambling survey say approx 1 percent of residents or about 76,500 players are problem gamblers ot about 1 in 10 is considered at risk gambler. Wagering @ racinos, casinos, and sports betting followed by Ohio Lottery
*I Advice for avoiding @risk gambler include making a budget and sticking to it before gambling and not playing on credit.
*I might add: set a stop loss limit & not betting any more then the money in your pocket & AVOID on property ATM Bank Withdrawals
**
Last time @ a casino I witnessed a lady @ a ATM machine gleefully proclaiming "I WON, I WON! LoL
Player Advocatus
Eddessa_Knight play safe, secure in sensible Light
Continuing-
Fair Game, Player Advocatus
Eddessa_Knight with Lucky Light
New players can avoid gambling addiction with some learned tricks
ve a trick to keep even losers Slot machines hastill playing.
Celebratory music plays, lights flash and the thrilling feeling that the next try may be the winning one drives slot machine players to push the button again — and again. But sometimes when a slot machine tells you you’ve won, you’ve actually lost.
Using a trick known as “losses disguised as wins” (LDWs), modern slot machines make players think they’re winning more than they are by blaring happy tunes and shining lights. It looks and sounds similar to an actual win, but in these cases, the “win” pays less than the person bet.
If people knew about the LDW trick, they’d be less likely to be fooled into thinking they’re winning — and becoming problem gamblers, according to new research from the University of Waterloo.
Everything you need to do in your 20s for a great financial future
“Slot machines are designed to capture your attention toward those cool animations and the neat sounds, but that is where they can lead you astray,” said Michael Dixon, a professor and research director in the Gambling Research Lab at Waterloo.
The researchers gave one group of study participants an educational video on slot machines, which explained the concept of losses disguised as wins, and another group was shown a video unrelated to gambling. After being shown the videos, all participants played two slot machine games, one with many LDWs and one with a few LDWs. For the game with many LDWs, all players had won about 10% of the spins, but the group of people who watched the unrelated video “drastically overestimated” their wins, thinking they had won 23% of spins, according to the research. Those who were prepped about LDWs gave more accurate estimations as to how much they won, guessing about 12% of the spins were won.
Researchers looked at modern slot machines, which have multiline and bonus games, as opposed to the older slot machines with linear wins and levers. Watching the video prepared the players by teaching them how to play, what determines a win (earning more than was bet) and what is a loss (earning nothing or less than the bet). When a player wages on 15 lines, losses happen about 68% of the time, with wins about 14% of the time and LDWs about 16%. In one hour, the player is exposed to 680 losses, 140 wins and 188 LDWs, according to the education video players watched.
How much have Americans lost from gambling?
Americans lost $116.9 billion gambling in 2016, according to data from H2 Gambling Capital, a market data firm focused on the gambling industry. That number includes losses from games at traditional casinos, state lotteries and regulated online gaming sites, according to Cardplayer.com. The U.S. has the largest gambling market, followed by China with $62.4 billion spent on gambling.
What defines a gambling problem?
A gambling problem is when playing negatively affects a person’s finances, family or career. An addicted gambler will have the desire to bet more money more frequently, become restless or irritable when trying to stop and lose a sense of control, according to the National Council on Problem Gambling. About 1% (2 million) of U.S. adults have a “pathological gambling problem,” according to the council, and another 4 million to 6 million are considered problem gamblers, meaning that they do not meet all of the criteria of a pathological gambler but have similar behaviors.
Where can someone with a gambling problem get help?
The National Council on Problem Gambling has a helpline to find local sources for those seeking gambling help (the number is 1-800-522-4700, though people can also text or chat online). States also have resources available for those who need help.