Gambling Should Not Be In Your Business

Everyone knows that most of life is a gamble of sorts. No one can clearly predict the outcome of anything they try so they must simply take a chance that it will work out for the best. When looking for success, it may be required to take a leap of faith in the hopes that it will work out well. When something looks like more of a sure thing because of being well researched and evaluated, it becomes less of a gamble.

There are certain vices in the world which are well known and others which are as hideous but not as prevalent. Everyone knows about the health, emotional, economic, and social damage which can come from using alcohol and drugs or from smoking, which are vices that should be avoided. Their consequences are often easily seen by the outside world.

Gambling is a vice which may not be noticed. Just as with other vices, the big problem is in the addiction which can ruin lives. Gambling can start out innocently enough with people visiting a casino to have a little fun with the chance to win some money. The chances of that happening, of course, are known to be slim to non-existent. People do win on occasion, however, which gives them hope and the expectation that it will happen again.

If money is needed to meet expenses, taking a gamble is not the way to go. It would be better in all aspects to find something which is not a real long shot. Getting a job or starting a home based business requires some risk taking, but it does not need to be a big gamble. All types of home based businesses which could work out such as network marketing (MLM or multi-level marketing) require study and research which makes them less of a gamble. Success does not generally come easily or quickly, but with the right mix of knowledge and work a person can succeed.

Finding a way to earn money can be difficult, but gambling is not the way to go. Taking a chance is often required, but it does not need to be a big gamble if enough hard work and dedication are coupled with study and research.

During World War II when the odds were definitely stacked against them, the persons of Japanese heritage in the United States faced extreme difficulty. Those who were imprisoned in the American concentration camps of the period had no choice but to accept their fate. Some were able to take a chance and get out of the camps through early release to attend college or find work outside of the west coast. They were taking a gamble, but there was little choice. They were willing to try and take a chance.

Gambling in itself is not a good thing, but it is definitely a part of life to some degree. People need to take chances but must be wise enough to stop if things become BAD.

How to Use PayPal for Online Gambling Fun

Personal bank accounts to fund online casino gambling are illegal in most of the United States. PayPal offers a viable alternative as a way to send and receive money while participating in online gambling.

PayPal is technically not a bank. However, some federal agencies assert that PayPal is indeed a banking institution, because of the way it manages financial transactions and retains funds for lengthy periods. PayPal objects to this characterization, saying that, because it does not charge interest or account fees and lacks a banking charter, the government should not designate it as a bank.

Using PayPal

PayPal is a secure and convenient method to use for all kinds of online financial transactions. However, if you use it to fund online gambling, do not have transactions made directly to PayPal, since the IRS is capable of linking payments from your bank account to your PayPal account and finally to your account with an online casino. Further, as an American-owned company, PayPal will not authorize payments to online gambling casinos.

Online gambling sites, realizing that many individuals use PayPal as a way to perform online financial transactions, offer to assist by transferring money from your PayPal account to an approved Ewallet for online gambling purposes. However, many companies may charge as much as 40 percent commission for providing this service. These transfer companies might also have questionable reputations for reliability in ensuring that your money arrives at its intended destination. Avoid these types of money transfer companies, and stick to established and legitimate financial transaction services.

Loopholes

If you use PayPal to fund your online gambling account, you should use your PayPal account to purchase a pre-paid credit card and use that to add to your casino account. This way, you remain distanced from the transaction, and neither the IRS nor the casino knows where the money originated. Remember, pre-paid credit cards do not assess fees for transferring or loading money onto the card, although some may charge an activation fee of about $10 and a minimal monthly fee. However, these charges are worth paying if you are considering seriously investing in online gambling.

The most successful and established online gaming casinos offer PayPal as a payment option in most countries outside North America. Some people create a foreign bank account and use a credit card based on that account as their PayPal link account. With this method, however, you will need to be familiar with someone living overseas who can set up an account in your name.

Because PayPal is somewhat complicated to use for funding your online gambling account, you might choose a wire transfer service like MoneyGram, which is simpler and prevents anyone from knowing how you are transferring money to your casino account. Online gambling is much more fun if you don’t have to worry about involving yourself in something illegal.

What Causes Gambling Addiction?

Gambling is like any other escapist activity. For instance, people attempt to get away from the world by gambling. When someone has money at risk, it gets the blood flowing. It’s an adrenaline rush because you know there’s something on the line. When it comes to an addict, there might be a lot on the line.

If you look at addictive gamblers, they often have a few common traits. One is that they’re not conformists. They don’t like the standard life because they find it mundane. They need more excitement. Another common trait is that they’re dreamers. For example, some gamblers are also risk-takers in the business world. A third common trait is that many addictive gamblers are introverts. They feel they don’t fit into society as well as other people. Gambling gives them an excuse to fit in. Think about a regular at a live poker room. This person doesn’t have to initiate conversation. They simply sit at a table and the conversation comes to them. Social skills are thrown out the window.

While all the above traits describe the common addictive gambler, anyone is susceptible to this often downward spiral. There are some people who win with gambling, but these are extremely strategic individuals with superb money management skills and discipline. Without realizing it, most addictive gamblers are playing to lose. This might sound outlandish when you first read it, but if you look a little deeper, you will understand. What is the first thing an addictive gambler does when he has money at his disposal? He gambles it. Therefore, if he wins a lot of money, he’s only going to keep gambling until the money is gone. There is no ultimate goal or destination because his number one use for the money is gambling. When a gambler loses money, he does everything he can to make that money back. A wise and disciplined gambler will use winnings for a vacation or to help pay off his mortgage and cut back on risk when in the hole, but these people are few and far between.

In the sports betting world, professionals are rare, but they’re out there. Ironically, these are often people who once had a gambling addiction and then learned to control it. These professional gamblers also don’t play the same way the average gambler does. They look for hedges at every corner. For example, if one sportsbook has the Patriots – 4 and a sportsbook down the road has the Jets + 6 down the road, they’re going to bet both sides. If they put $500 on each side, they’re risking $50 to win $1,000. They also hedge bets through parlays, teasers and money lines. They want less risk and higher reward.

You will find even more professional gamblers in the world of online poker. Once again, these are often people who originally got crushed and used to be addictive gamblers. Through trial and error, they learned how to destroy their opponents. The best part about online poker is that there are many poker games to choose from. Therefore, a good pro will see which game is currently featuring the most fish and attack.

Addictive gambling often leads to bad places. However, if someone hits bottom, they’re likely to give it up for good. The only way for this to happen is for bailouts to be avoided. A small percentage of people can turn it around and make it into a profession, but this is uncommon.

5 Points To Make Gambling A Life Changing Past Time!

Gambling has been with man since risk was around, on any outcome there is an element of risk. Only since the invention of possessions and things of value like money have these been wagered against the outcome. For the majority, gambling is fun, exciting, it was an edge on the events being risked.

For some it is a lucrative past time, fewer still it is their living! For some it is a living nightmare! A living hell where they lose, win and lose, losing more often than winning. This creates its nightmare by the person becoming addicted to the chase of the win and the ecstasy of to win itself. Conversely it can create a depressed feeling with losing often, hence needing to get the win to make them feel good. They know they are risking in most cases more than they can afford, they hide their gambling, steal, beg, borrow and do all it takes to get the money to chase that win.

Gambling is not supposed to be like that at all. It is supposed to be fun, exciting and like anything in life approached sensibly. As gambling can become a problem here are some pointers on how it can be done safely:-

1. Only ever bet from a betting bank you can afford to lose. Save this money up and make sure it is spare cash.

2. Always use a betting plan that does not use the majority of your betting bank. Only use small parts of your betting bank at a time. Use a good staking plan.

3. Stick to a system you have a dry run and tested out first before using it to place any money bets down. Ensure you understand any system before you use it.

4. Follow the system and the betting/staking plan to the letter, never deviate at all!

5. Go for a longer term profit over a fall season/year

Yes those five tips are not perfect but they will help make your gambling safer and more enjoyable and more profitable as well.

Gambling should definitely be about fun and excitement rather than the winning, therefore by making sure you can sustain the length of time you can gamble for, you will enjoy it more. A good betting system and staking plan will help you in this; certainly then you will find that gambling is a life changing past time.

Older posts »