Was reading a gambling related article just this morning and it was talking on random issues cut across gambling responsibly, many of which I agree with.
However, there were two terms that were made mentioned of which stole my interest unfortunately they weren't explained but only mentioned. I could have just checked them on Google but I felt reluctant and said let me bring it to the community let make it a discussion among us. The two terms were Problem Gambling and Compulsive Gambling. I want to know if they are different in meaning and how different is their effect on their victims.
Compulsive gambling as I understand it simply means the act of gambling way too much, that is, as a gambler, you just can't bring yourself to stop gambling, even after winning a huge amount of money which is when most gamblers pulse their gambling activity to reflect on that win, and think of what good to use that money for, a compulsive gambler will still continue to gamble and possibly end up losing all that money.
And for a problem gambler, this is not very far from compulsive gambling, but they are still different if we give a critical look at the two, problem gamblers are those who are actually addicted to gambling, they can steal for the sake of gambling, and sometimes, they find it hard to accept that the lost on a game, which makes them sometimes accuse the casino of cheating on them, meanwhile, they are the ones trying to cheat the casino.
And moreso, there's a statement I read in the comment section which is in the quote below. I would love to have the views of slot lovers in the forum on this. How true is this statement.
All slot players are long term losers.
The statement is correct, slot players are long term losers in the sense that, if you start playing a slot game today, and luckily you win a huge amount of money, if you do not do anything good with that money and just keep playing slot game with it, you will end up losing it all back to the casino, and it does matter how big the money is, if you do not invest any part of the money in something that is bringing you guaranteed profits, you will lose all the money back to the casino in the short or long term.