Is Gambling A Sin – Are You Stupid?

June 4, 2011

Gambling and addiction are phrases that are often linked collectively in an effort to transform gambling into a sin. The picture takes shape in the form of the virtuous person who begins with the seemingly harmless games of “scratch it” or a simple wager with friends.
The next thing you realize is, this individual is being deceitful, unprincipled and stealing from friends, family and associates in an effort to pay back their bets and recover their loses. They get overwhelmingly in debt, lose the house, lose the family and wind up all alone in a sea of destruction. OMG! He/She has turned out to be an addict!

Wow, who would have thought such a horrible chain of occasions would have occurred from such innocent beginnings? I wager you didn’t have any thought it was such a problem did you? Well, generally for the most part, it is not.

I do not mean to get too dry or boring however, the Journal of Clinical Psychiatry printed a study in 2005 which estimated a .42 percent rate of pathological gambling based on a sample of greater than 43,000 U.S. residents aged 18 and older (Petry, N.M., Stinson F.S., Grant B.F. “Comorbidity of DSM-IV Pathological Gambling and Other Psychiatric Disorders: Results from the National Epidemiologic Survey on Alcohol and Related Conditions.” Journal of Clinical Psychiatry, 66(5). May 2005.)

This research study, together with another research study (Shaffer, H.J., LaPlante, D., LaBrie, R., Kidman, R., Donato, A., and Stanton, M. “Toward a syndrome model of addiction: Multiple expressions, common etiology.” Harvard Review of Psychiatry, 12, pp. 367-374. 2004.) found that gambling and addiction behavior may be a manifestation of an underlying addiction syndrome that accounts for all addictions, meaning addictions – whether to medication, alcohol, food, shopping or gambling – are all related. It was also concluded that gambling is comorbid with substance abuse, mood and anxiousness disorders, and personality disorders.

This suggests that therapy for one condition should include assessments and possible treatment for different conditions. It would moreover suggest that gambling is not the actual culprit. That the problem is more complex.

Gambling and Dependancy
– Let’s Not Worry, OK?

Alright, now. Should we be apprehensive about the whole gambling and addiction issue? I feel not. Unless, of course, the person you are thinking about has an addictive personality. However, because the correlation percentages between gambling and dependancy are so low, it doesn’t stand as a viable argument against gambling.

Gambling is an effective source of leisure!

Gambling ought to stay a private choice. Gambling can be enjoyable, exhilarating and lends an extra degree of interest to an event. Definitely, it is no fun to lose but, hey, that’s the chance you take. That is why it is known as gambling.

Will Investing Save You From Gambling and Dependancy?

We are advised that, to be protected, you invest funds as a substitute of gambling with them. You know, like investing in the stock market or real estate. That way you understand your cash is safe!?

Present events have pretty much exposed the reputed safety of this kind of investing as a falsehood, hasn’t it?

With gambling you already know the probabilities, you give your cash to a bookmaker then, a relatively brief time later, when the contest is over, you either get money back or you don’t.

With stocks or real property, no one is aware of the chances, you give your cash to a stockbroker or purchase property then, whenever you get rid of the stock or real property at a future date, you get your money back plus profits or, if it is depreciated or the corporation has gone bankrupt or the market has turned against you for any number of causes, you get what’s left over (if anything).

Do not let anybody fool you. The stock market, real property, futures and commodities are all types of gambling. The primary distinction is how much you win or lose and how fast!

Before you do any “investing” or gambling, you’ll want to educate yourself and set limits.

People should be as involved about losing the investment game as they’re about gambling and addiction.

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