Online gambling is terrible news for SA's youth

[JuliusSeizure]

Online gambling is terrible news for SA’s youth

With unemployment rampant, many young people are turning to online betting platforms. Failing to win, many continue betting and losing money and themselves in the process. Something must be done.

www.newframe.com

 

[JuliusSeizure]

I agree with this totally. I've seen gambling mess up people and families wou have decent jobs. It becomes addictive.

 

[Polymathic]

From my personal experience I find that the younger people who gamble a lot tend to be people who never got into video games.

 

[rh1]

From my personal experience I find that the younger people who gamble a lot tend to be people who never got into video games.

Such a random anecdotal observation. But I always wondered is that how academic research gets started. A PHD wannabe see something and then research it. Or do they just reference all the studies before them and and offer a little bit more.

 

[ToxicBunny]

OK so a whole bunch of emotive stories and then some wild claims about how gambling sites do age verification... Even though every single licensed operation in sa has fica requirements which include age verification.

Its no surprise the companies didn't respond because I can almost guarantee that the questions were heavily loaded.

I'd also love to know where they sourced their traffic data from for the analysis...

 

[ToxicBunny]

I agree with this totally. I've seen gambling mess up people and families you have decent jobs. It becomes addictive.

Anything that gives you a dopamine hit can get addictive though. I've seen gambling do it, I've seen drugs do it, hell I've even seen people get so obsessed with their harmless hobbies that their lives fell apart.

 

[NarrowBandFtw]

Darwinism in action, if you're dumb enough to piss away your security / family / future on a dice roll, well then fahk you

 

[The_Right_Honourable_Brit]

Yeah, I'm a part-time sports gambler - mainly on tennis and esports, with soccer and rugby on occasion. I keep a record of my deposits on a Google sheet and when I record a profit of 20% of my overall deposit, I withdraw it to my bank account.

Still, on the odd occasion, I do 'rage bets' (bets you place after you just lost a bet) which do usually end with me being on the wrong side of the bet.

 

[Mystic Twilight]

But I always wondered is that how academic research gets started. A PHD wannabe see something and then research it.

In general yes, where there is no prior research or knowledge then [controlled] experiments are performed.

 

[Polymathic]

Anything that gives you a dopamine hit can get addictive though. I've seen gambling do it, I've seen drugs do it, hell I've even seen people get so obsessed with their harmless hobbies that their lives fell apart.

I've seen women turn their lips into sausages and 9/10 fitness influencers eventually turn into softcore pornstars on Instagram because of that.

Such a random anecdotal observation. But I always wondered is that how academic research gets started. A PHD wannabe see something and then research it. Or do they just reference all the studies before them and and offer a little bit more.

For many PhD dissertations it's exactly the case. They tend to try and find unique topics to cover to help their dissertation stand out from the others

 

[Vrotappel]

Stop grants, they are gambling it away.

 

[DA-LION-619]

From my personal experience I find that the younger people who gamble a lot tend to be people who never got into video games.

What are those loot box things?

 

[Polymathic]

What are those loot box things?

Then thing that makes gambling seem like the saner choice between gambling and gaming.

 

[Mirai]

Singaporean dad $20,000 in debt after daughter’s in-game purchases in ‘Genshin Impact’

A Singaporean father was shocked by his $20,000 credit card debt after he traced it back to his daughter's spending spree on the popular open-world game “Genshin Impact.” A $20,000 character upgrade: The credit card was tied to Lim Cheng Mong’s 18-year-old daughter’s e-wallet in the mobile...

news.yahoo.com

Gamers gambling. Now even the casuals.

 

[Solitude]

Yeah, I'm a part-time sports gambler - mainly on tennis and esports, with soccer and rugby on occasion. I keep a record of my deposits on a Google sheet and when I record a profit of 20% of my overall deposit, I withdraw it to my bank account.

Still, on the odd occasion, I do 'rage bets' (bets you place after you just lost a bet) which do usually end with me being on the wrong side of the bet.

I've made quite a bit of money over the last 10 years. Mainly betting on rugby. Unfortunately limited at many bookies.

 

[The_Right_Honourable_Brit]

I've made quite a bit of money over the last 10 years. Mainly betting on rugby. Unfortunately limited at many bookies.

Yup - you have to be quite knowledgable (or at least, know someone who is) on the sport you bet on to make some good money. It's possible, but it does take some upfront investment.

 

[DA-LION-619]

I agree with this totally. I've seen gambling mess up people and families you have decent jobs. It becomes addictive.

 

[JuliusSeizure]

Yup - you have to be quite knowledgable (or at least, know someone who is) on the sport you bet on to make some good money. It's possible, but it does take some upfront investment.

The issue is that most people think short-term and want instant success i.e to make a big amount of money over a short time. Its partly because media oversells the ideas of instant successes and rags to riches stories. In reality those stories happen but to like 0.1% of people that try them.

Most people end up losing.

 

[Polymathic]

The issue is that most people think short-term and want instant success i.e to make a big amount of money over a short time. Its partly because media oversells the ideas of instant successes and rags to riches stories. In reality those stories happen but to like 0.1% of people that try them.

Most people end up losing.

You're thinking about get rich quick schemes, gambling high jacks a totally different mechanism in the brain. It's a dopaminergic trigger similar to drugs and alcohol which is why you see a direct correlation of Increase in gambling and an increase in drug and alcohol abuse.

 

[DA-LION-619]

The issue is that most people think short-term and want instant success i.e to make a big amount of money over a short time. Its partly because media oversells the ideas of instant successes and rags to riches stories. In reality those stories happen but to like 0.1% of people that try them.

Most people end up losing.

There is no issue.