What's the motive behind the anti gambling campaign - page 8.

Kakmakr

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The media will always look for some controversial angle to any subject to get maximum viewership or subscriptions, so they do not care about the positive side of a subject.. because that does not sell subscriptions or news papers. Wink

( I know this, because I have a family member that are working in this field )

Also, let's be objective and admit that the majority of people do not make a profit at casinos and that gambling addiction are a reality for a lot of people. Sad

(The media will focus on that and not on the 1000s of people that won millions and those who had a life changing experience) Angry

Alisha-k

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I think the media making negative publicity about gambling is to sensitise people on fiat management. Because when it comes to gambling a whole lot of persons don't have self control and decipline and as such risk more than the can afford to loose. Gambling still has it's positive attributes but shouldn't be over risked since it remains a game of probability

Fredomago

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Quote from: xSkylarx on May 18, 2021, 06:30:21 PM

On the other side, if media shows many people have won in gambling and were able to change their life for the better, this will just attract more people to try their luck into gambling.

For sure, as there are lots of people who wanted to make an easy access, thinking positively that they'll be able to make the same fate with those gamblers who won out from this business.

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Some of those people could ruin their life if they got addicted and went into debt. Not all people can be successful in the gambling industry, those who make it a living have a good discipline either if they win or lose and they have a stable source of income not just a day job.

More on the negative side, the percentage of those successful gamblers are far lesser than those who unable to manage addictions, people who loves taking the shortcut mostly leads their money into regretful journey, some ends up with heavy addictions.

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People who ruin their life in gambling are often desperate to earn more money because their job is not enough to provide for their responsibilities.

Desperate to make it more quicker but not because of their salary is not enough, contentment is very important factors to avoid addictions, most of them are gamblers who have control problems, they keep pushing without limiting both their target for losses and winnings

FinneysTrueVision

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Religious conservatives have a lot of political power, disproportionate to their actual population size. We always see them pushing these negative narratives around things which they find morally unacceptable. We rarely see people who are willing to counter against them so the moral crusaders end up getting their way more often than not.

lienfaye

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Well we know that if we're talking about gambling some people has a bad impression in it because of what it can cause to a person's life if he became addicted. Unlike if you lose in stocks or in any investment opportunity out there wherein you can handle it alone if you know what you're getting into. While gambling addictions are somehow different because of the emotions and the fact that you can lose your money in snap and the chance to win is more on luck. I believe the reason behind this campaign/advertisement is to spread awareness of the worst that you might end up if you gamble, and to warn people that it cant do anything good for us to engage ourselves.

Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

To me there is a question of whether the media's negative coverage of gambling is intended to protect people who make bad gambling or investment decisions. Or is it intended to deprive people like me of opportunities to make money.

I dont think the latter is the reason. As I've said I think the purpose is to warn the people and to prevent them from losing their hard-earned money.

romero121

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Quote from: Saint-loup on May 18, 2021, 06:37:45 PM

Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

I think the sad truth is, people who lose big money gambling. Are the same people who would lose big money investing in the stock market. Some demographics simply don't make good financial decisions. There are always big losers and big winners in every industry. And don't understand why gambling is being painted in a light where only the big losers are acknowledged.

No I disagree with you. Unless you don't believe in chance/randomness and you think some people will have bad luck whatever they will do and others will have good luck whatever they will do, you can't say people will always have the same odds to win and lose in different games.
Even in skill games, different games require different faculties, so odds to win won't be the same for a same player at all these games.

This is true, but if the gambler isn't same then the outcome will be the same in all games. OP has associated gambling with investment stock losses. That can't be compared, because with stocks we can make closer prediction and choose the right one for investment. Trusted investments never give massive losses as the one gamblers experience due to the loss of self control.

chaser15

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What's the motive behind the anti-gambling campaign wherein, on the other hand, losing in a stock market isn't having the same anti-gambling campaign as common gambling?

Good topic but there are misunderstandings. It's no secret that there are lots of gamblers who already become out of their mind when they lose in gambling. The reason for this is, it's so easy to play gambling that even kids can play any time they want. Physical casinos especially mid-tier ones don't have any requirements before you can play as long as you have money on hand. Learning the interface in terms of online gambling is also easy to learn. You also don't need to be a technical person just to start playing gambling compare to stocks that knowledge is necessary.

Those conveniences are the reason why there are more people in gambling compare to stocks so it needs a hard anti-gambling campaign. There are also lots of users who lose in stocks but it's far more educational so there's no discouragement to enter stocks as long as people understand the disclaimers and risks associated with it.

Saint-loup

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Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

I think the sad truth is, people who lose big money gambling. Are the same people who would lose big money investing in the stock market. Some demographics simply don't make good financial decisions. There are always big losers and big winners in every industry. And don't understand why gambling is being painted in a light where only the big losers are acknowledged.

No I disagree with you. Unless you don't believe in chance/randomness and you think some people will have bad luck whatever they will do and others will have good luck whatever they will do, you can't say people will always have the same odds to win and lose in different games.
Even in skill games, different games require different faculties, so odds to win won't be the same for a same player at all these games.

xSkylarx

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Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

To me there is a question of whether the media's negative coverage of gambling is intended to protect people who make bad gambling or investment decisions. Or is it intended to deprive people like me of opportunities to make money.

On the other side, if media shows many people have won in gambling and were able to change their life for the better, this will just attract more people to try their luck into gambling. Some of those people could ruin their life if they got addicted and went into debt. Not all people can be successful in the gambling industry, those who make it a living have a good discipline either if they win or lose and they have a stable source of income not just a day job. People who ruin their life in gambling are often desperate to earn more money because their job is not enough to provide for their responsibilities.

harizen

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Quote from: Hydrogen on May 18, 2021, 05:58:06 PM

This man lost billions on the stock market.

Where are news stories and experts condemning stock market gambling addiction?

What's the follow-up story to this after losing? How does that man deal with his loss? Did he become crazy? bullish*t? an assh*le? theft? irresponsible person?

In gambling, even losing $50-$100 can turn a person into crazy and wild behavior that's why we can fairly say that gambling needs more to be paid attention in terms of advertising prevention or safety, at least, than anything else. Imagine, with just a low amount, a person can start gambling unlike in stocks that aside you need some capital, you need to learn first the basics which are boring to others. Comparing losing in stocks to the usual gambling is somehow not appropriate as they have different natures and how people risking money at both.

Hydrogen

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I don't know about gambling addiction. Discussion on the topic sounds like an origins story of prohibition to me. The idea that people cannot make good decisions with alcohol, gambling or guns. And that the state should naturally take those freedoms and choices away from people. Is that something that most agree with? I don't agree with simply banning things due to the lowest common denominator of people failing to make responsible choices. For those who support marijuana legalization, isn't the reason for it being banned virtually identical to the anti gambling push being made now?

There definitely are people who consistently profit from fantasy sports and gambling. Most keep a low profile and don't talk about their winnings. They don't want recognition or attention. They simply want to keep making money.

I'm still not seeing much of a difference between gambling, lotteries and stock markets.

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Bill Hwang lost $8 billion in 10 days during the Archegos meltdown, reports say

https://markets.businessinsider.com/news/stocks/bill-hwang-lost-8-billion-during-archegos-meltdown-reports-say-2021-4-1030272030

This man lost billions on the stock market.

Where are news stories and experts condemning stock market gambling addiction?

....

I'm certain there are people who make bad choices in gambling who are addicted. It could be fair to say, those people have problems that go far beyond gambling or addiction.

LTU_btc

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Personally, I would put gambling advertising in the same place as alcochol advertisements. It shouldn't be banned, but there should warnings about potential dangers of it. These things is fun when everything is controlled, but when it turns into addiction, it's big issue. Yeah, some people win, some even win millions, but in reality, majority simply lose money. People lose homes, jobs, families because gambling addiction. There is no need to look into gambling through rose-tinted glasses. Banning of it isn't solution, advertising also shouldn't be forbidden, but there should be warnings and some social respinsibility.

Fortify

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Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

Everywhere I look, all I see are negative comments made about money lost gambling. Mental illness associated with gambling and anything that can illustrate gambling in a negative light.

As someone who considers themselves to be a profitable gambler. The trend of covering only the negative side of the industry puzzles me.

Why is there never mention of the winners.

I see very little negativity about gambling in this section, quite the opposite in fact with 95% of people happily making predictions and recommendations. That should never hide the fact that gambling is a business, a business is designed to make money for it's owners and that requires making money from customers. If you're playing certain games like slots or roulette you are mathematically destined to hand all your money over to the house in the long run. You might be able to get a slight edge in sports betting, but gaming institutions taking the other side of the best generally have more information to make informed decisions. Ultimately gambling has one underlying theme that a lot of people cannot admit to themselves - that they are generally bad at calculating the correct odds. Those who are good at calculating odds will generally gravitate to games like poker or blackjack where they might be able to scrape out a living, but even that is a super competitive market. It's not being negative, it is being realistic.

BITCOIN4X

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What I can understand from this anti-gambling campaign aims to increase public awareness of avoiding gambling by providing fact about the problems that gambling often causes. This can be done to reduce the number of problem gamblers who fail to control their time and money for gambling. Gambling that crosses financial boundaries has created huge problem for gamblers as well as for the government and that is the reason why the anti-gambling campaign is being carried out imo.

carlfebz2

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Quote from: acener on May 18, 2021, 12:04:42 PM

I think it is due to the number of actual winners who are willing to share their stories,
And of course they also know the risk and doesn't want to be the reason of someone else misfortune on gambling since their stories could attract others to play and try their luck.
And of course they might also be thinking about how others would react to their story they might get negative comments out of it compared to those who would write a story about how they lost on gambling.

Not only basing up with the number which would really be less knowing that gambling does generate lots of losers that winners thats why it isnt surprising that we would see lots of
wrecked up life stories compared to those who had been profitable or make some considerable wins.

Of course for privacy purposes they wont really be sharing it up plus also not all would really be that something open to share up in regards to that manner.

Gambling does always have negative impression and its true that this neither be in religious or social aspects but actually im not really that against though.

YOSHIE

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Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

The trend of covering only the negative side of the industry puzzles me.

I assume that every gambling addict / bettor has different types of actions and is motivated differently to determine win and lose, negative and positive.

Example:
• Gambling addicts sometimes have what is called a 'chase target'. These addicts generally don't want to publish wins and losses, they win small amounts stop playing and continue the next day.
• The next type is' amateurs or hobbies emotional / angry, this type they like to make trouble if they lose spreading negative news to gambling sites if they lose and if they win this kind of addict will cover up their winnings.
• and the other type is 'Serious but Relaxed' addicts who have this type they can't guess, win and lose, only those who know.

Out of the three characters / types of gambling addicts, I don't think all gambling bettors will complain negatively if they lose, partly as I mentioned.

avikz

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It's more of a social taboo in majority of the countries rather than an organized campaign. Gambling is seen in a bad light due to the social and religious structure, especially in poor countries. The same goes with alcohol as well and again due to the social and religious structure in many countries.

But gambling addiction is real. I have seen people lost crazy amount of money and then got into debt trap due to their gambling addiction. So we shouldn't take that aspect lightly.

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Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

There are always big losers and big winners in every industry. And don't understand why gambling is being painted in a light where only the big losers are acknowledged.

Big losers and winners may happen only under PvP environment but most gambling are being played in PvH manner. So, there would be plenty of chances for seeing losers alone as houses are the ultimate winner in the end. Never believe into gambling house's promotions on big winning; because, most of the times those winners are fake or inside people.

Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

Fantasy sports is illegal in my US state.

That must be a gift for you from your responsible government.

Quote from: Hydrogen on May 17, 2021, 06:19:46 PM

whether the media's negative coverage of gambling is intended to protect people who make bad gambling or investment decisions.

If you consider media or this community or your neighbor/friend, all will share about negatives of gambling but only casinos will share about big wins. From this, realize who will probably lie.

acener

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I think it is due to the number of actual winners who are willing to share their stories,
And of course they also know the risk and doesn't want to be the reason of someone else misfortune on gambling since their stories could attract others to play and try their luck.
And of course they might also be thinking about how others would react to their story they might get negative comments out of it compared to those who would write a story about how they lost on gambling.

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Quote from: AicecreaME on May 18, 2021, 09:40:30 AM

Sadly, gambling always sees as a negative thing on the community because of people getting addicted to it, on how they lose their sanity as well as their families. But in my opinion, gambling shouldn't be blame on this, because it is our decision to play or not to play gambling, to risk or not to risk our money, simple as that. The only reason why Government is giving gambling industry a hard time because of those people that are not being responsible to themselves.

If you're playing gambling and lost your money as well as your will on living, please blame yourself because of being too careless to think what lies ahead in your future while playing gambling. Playing gambling doesn't mean you're gonna win every time you'll place a bet, it's like a wheel that sometimes you're on the top, and sometimes you're below.

Gambling is always viewed negatively because there will be more losses than profits and there are still many negative sides that can harm players and even cause death.
in fact it is their right to do so and should run the risk of engaging in gambling for too long or becoming addicted because anything can be done beyond common sense.
and the reason the government makes it difficult for the gambling industry is because their uncontrolled actions can commit criminal acts or anything that can harm other people as well as themselves.
and in my opinion entering the gambling industry also requires intelligence, knowledge and maturity to control it, in contrast to those who are ignorant who have nothing to control it.

Topic: What's the motive behind the anti gambling campaign - page 8. (Read 1835 times)