Hello Recovery Friends and New Visitors,
I meet such good friends & recovery supporters through my Twitter Recovery account, @LUV_Recovery, and are always helpful! When they come across good articles about problem or addicted gambling, they always tweet me with the link so I can go take a read. This article is actually very important that they recommended to about SPORTS Betting due to the World Cup being played currently. So I wanted to share it with all of you! And it also proves how wide-spread gambling is, and is becoming. I hope you learn a little like I did when reading this article, and thanks again to my friends at ‘Priory Group,’ http://www.priorygroup.com/ …
The latest from Priory
“I was suicidal… it took me six months to stop”. How betting on the World Cup may increase the risk of gambling addiction..
Brazil’s 2014 World Cup is fast approaching and a recent poll by the Priory Group has revealed that the use of Roulette Wheel bets, known as Fixed Odds Betting Terminals or FOBTs, is likely to increase during the tournament.
The poll of 500 adults who have previously placed a bet in a betting shop during a major sporting event, showed that 60% of 18-24 year-olds had used a FOBT after placing a bet on a major sporting event, and almost 60% in that age range, thought themselves likely to do so during a major sporting event such as the World Cup. These figures exceed any other age range and show that on the whole, young people are more attracted to FOBT betting when placing a bet on a major sporting event.
“I thought, this is a lot easier than betting on football – you get the results instantly.” Matt Zarb-Cousins had been a parliamentary researcher before gambling took over. After losing over £16,000, he managed to curb his addiction, but gambling was almost the end for Matt; “I was suicidal, I had therapy and from then it took me about six months to stop.”
Matt is now involved with the Campaign for Fairer Gambling, and is desperate to see a change. As Matt highlighted, FOBT betting is easier and faster than betting on football and being in the bookies for a World Cup flutter may see punters tempted by the immediate results offered by a FOBT bet.
Bookmakers have been making headlines for the limited restrictions on FOBTs, also referred to as ‘B2s’ or roulette and the machines have been criticized by customers and others for potentially increasing the risk of gambling addiction. Though the industry is under guidance from the Gambling Commission, self-governance has had limited support as the way forward.
Matt points out that the staff are in a difficult position: “To intervene if they believe someone is showing signs of addiction”, he says, “is counter-intuitive. They are trying to sell an addictive product and in many betting shops, bonuses and pay are linked to FOBT revenue”.
How a flutter turns into a problem
Dr. Gary Jackson, Consultant Psychiatrist and Medical Director at The Priory Hospital Chelmsford, considers major sporting events a particularly risky time for gamblers:
“The upcoming summer sports events and in particular, the World Cup, will see increased gambling across the board”, he points out. “Much of that will be temporary but for gamblers with a problem, that upturn in gambling may well continue”.
Dr. Jackson highlights that all aspects of gambling need to be considered in trying to reduce the risk of people becoming addicted. “From the accessibility of gambling sites to shop advertisements, to awareness campaigns about the risks involved and the availability of resources for those with a problem (or worried they may be developing one) awareness and proactive action is key.”
Results from the Priory Group poll suggest that the London area was most likely to be vulnerable to FOBT gambling during a major sporting event. Wales came in at close second, despite the fact that the country will not be competing in the World Cup. Scottish respondents, on the other hand, were the least likely to pursue FOBT bets after staking a wager on a World Cup outcome.
Adrian Parkinson previously worked for a major UK betting agent and he too plays an active role in the Campaign for Fairer Gambling.
Adrian says he could see responsible adults coming in to place a bet, and noted that, for some, the FOBTs encouraged more reckless gambling behavvior as a £2 bet turned into a £20 roulette spin. What is more, he felt many of the customers were facing serious financial difficulty due to their increased outgoing’s. Adrian believes that the increase of violence surrounding betting over the past 12 years and the upturn in the use of FOBTs are linked.
He stated: “We saw about 100 machines getting smashed up and a manager was murdered in London last year. Those issues didn’t exist prior to FOBTs.”
Additionally, the Priory Group’s research showed that the likelihood of being attracted to FOBTs having placed a bet during a major sporting event decreased, as the age of those surveyed increased. Whether this is due to the older age groups being more aware of the dangers of FOBT betting, or whether they are simply less attractive to those used to a traditional wager is unclear.
Adrian Parkinson highlighted: “Because it was a completely new product within betting shops, the industry didn’t have any knowledge or understanding… the electronic gaming industry in particular had no electronic [FOBT] machine format so we were on a huge learning curve”. This resulted in what Parkinson considers both the under-regulation of the industry and a problem that continues to grow.
A different perspective
A spokesperson for the Association of British Bookmakers [ABB] told us that “what is important is that people bet responsibly and only what they can afford, whether it be on the World Cup or on a machine.”
This may seem obvious, but some players are tempted to step just one foot into the red to satisfy a craving for the thrill of gambling. The ABB told us that they have increased regulation, and that the threat of addiction is being tackled:
“Earlier this year, we introduced a tough voluntary Code of Conduct which all our members have signed up to. The code introduced mandatory breaks for all customers and customers can now set their own limits on gaming machines, no matter how small that limit may be. This has already had a significant effect, with 75% of players stopping play as soon as this limit is reached.
They recognize the concerns expressed by the responses to this survey, however, and remarked on the journey still ahead:
“We are committed to doing more and are in the process of reviewing, with Government, what additional measures we could take. A further announcement will be made later this year. Levels of problem gambling in the UK remain low, at 0.5 %, but as an industry one problem gambler is one too many, which is why we continue to work closely with Government.”
Playing roulette is a more solitary experience than a bet on the World Cup or another major event.
“It’s not like having a bet on the horses where you stand and watch the race”, Parkinson told us, “it’s a very solitary experience.”
Due to the high-stake, high-speed nature of the machines, players can potentially lose hundreds of pounds over a period of only minutes. But the odds are such that a 5p return on a £5 investment could in some cases, be enough to keep gamblers hooked.
Signs and symptoms
The thrill of gambling is linked to the natural high provoked by risk-taking. The effect in some cases is similar to that of stimulant drugs. If you are worried that you or a friend or a relative has a gambling problem, Dr. Jackson highlights the main symptoms and patterns of behavior to be aware of:
- Spending lots of time on internet gambling sites.
- Loss of interest in other hobbies.
- Increasing bets to recoup lost money.
- Spending significant amounts of time in betting shops.
- Constant interest in gambling articles and literature.
- Unexplained debt.
- Stealing money to enable gambling.
- Mood swings.
- Becoming more secretive and concealing time spent betting.
If you are concerned, Dr. Jackson offers this advice to help those with a gambling problem:
“Help them by encouraging them to consider the downsides to their addiction”. And to the sufferer themselves, he advises: “Be open about bank accounts, consider handing over credit and debit cards to a trusted family member, manage finances with a family member and consider attending Gamblers Anonymous or seeking other addictions specialist help.”
*Pretty interesting article I thought. For those not familiar with FOBT*…. Here is the definition:
A fixed odds betting terminal (FOBT) is an electromechanical device normally found in betting shops in the United Kingdom that allows players to bet on the outcome of various games and events with fixed odds. They were introduced to UK shops in 2001.
The most commonly played game is roulette. The minimum amount wagered per spin is £1. The maximum bet cannot exceed a payout of £500 (i.e. putting £14.00 on a single number on roulette). The largest single payout cannot exceed £500. Token coins can be of value as low as five pence in some UK licensed betting offices (LBOs).
Other games include bingo, simulated horseracing and greyhound racing, and a range of slot machine games.
Like all casino games, the “house” (i.e. the casino) has a built-in advantage, with current margins on roulette games being theoretically between 2.7% and 5%.
FOBTs have been criticised due to the potential for addiction when playing the machines. They have been dubbed the “crack cocaine” of gambling by critics. In response to this criticism, in 2014 bookmakers represented by the Association of British Bookmakers introduced the facility for customers to set time and money limits when using FOBTs.
EVEN I didn’t know what it was! Device or not, gambling is a risk, a chance, and can become addicting. I have heard some in my GA meeting talk about visiting the UK and talked about these little FOBT terminals, but it didn’t seem to make much difference of winning or loosing when betting on the horses. If people actually made a living at gambling, don’t you think it would be blasted everywhere! But sadly that isn’t the case. The real MATH is when you DO WIN, how much money did it cost you to win that money? You got to take that right off the top of your winnings? Add all of what you lost in the long run compared to what you have won,…. I think you’ll see that you’re at a loss or not much ahead.
Problem addicted gamblers tend to be in a state of denial, or we talk about how we win all the time, as we know in our diseased mind it’s a Big Fat Lie! I have no bad feelings, ill will toward those who can gamble normally, and for the fun and entertainment value of gambling.
However, I do what I do about addicted gambling because the “RISK” is high for those who can become addicted. And to try and help Educate, Inform, and Raise Awareness of addicted & problem gambling. It totally destroyed my life! I just want the public to know that there are thousands out here who can not gamble, and the reasons why. How it is hard to stay in recovery with the ever-expanding market of gambling with State lotteries, and Indian Casinos, everywhere. Where is the line drawn to say enough is enough. Is it not enough that just in the US alone there are over
17+ million problem gamblers? And half that number are now your college young adults! Parents, is this OK with you?
Lets keep this in mind today,….. When is it enough? This article and post idea was courtesy of my helpful and caring friends of “The Priory Group & Treatment Services”
About the Priory Group
The Priory Group of Companies is dedicated to helping people to improve their health and wellbeing. We understand that in order for people to achieve high quality clinical and educational outcomes they need individually tailored program’s, suiting their specific needs.
The Priory Group has established an unrivalled reputation for providing quality, inspiring innovation and delivering value for its service users. The Group currently treats more than 70 different conditions through a nationwide network of over 275 facilities that support service user’s health, care, education and specialized needs and include:
- Complex care and neuro-rehabilitation facilities
- Mental healthcare hospitals and clinics
- Medium and low secure facilities
- Specialist schools and colleges
- Supported residential facilities and homes
- Care homes for older people
The Priory Group was created in 1980 with the purchase of the Priory Hospital, Roehampton by an American healthcare company. The Roehampton site has been in continuous operation since its launch in 1872 by psychiatrist of great distinction, Dr. William Wood. Over the following decades the Group acquired more hospitals and diversified its services. In 1993 the Priory Group moved into specialist education services with the purchase of Jacques Hall Foundation, then an adolescent therapeutic community, in Manningtree, Essex.
Our older people’s division was established in May 2009 and is now known as Amore Care. The Priory Group acquired Craegmoor in March 2011 allowing a growth in the Group’s portfolios of hospital and specialist educational colleges. As the market leader in autism and learning disability services, Craegmoor enables the Group to create a new division operating in that marketplace.
Our network of high quality facilities allow us to offer joined up care pathways. We offer program’s which integrate healthcare, therapy, specialist and education services that are tailored according to individual needs in an appropriate setting. Our integrated strength is that we can provide a seamless transition for the individual as they progress between higher and lower dependency services.
*And just because they are overseas, you can get great information at Priory Group! So give them a visit today! *
Thanks All For Reading & Visiting!