Gambling Losers – Here’s How To Not Become One

The main cause of people losing money is a lack of planning, when you set out to gamble one needs to have careful planning on exactly what is to be done and when, because if it is not there then there is an issue. The catch of the matter is that one should know the time you need to stop, not knowing this is a real issue as one could end up losing all the money because of a lack of planning.The other thing that you need to be careful about is that the money used to gamble should always be one’s own, never ever user other people’s or borrowed money to gamble. Always set a limit to how much you can afford to spend per session, not setting a limit is a good way to overspend and land yourself in a lot of financial trouble, also realize that you can’t keep playing, set a time limit. The golden rule of gambling is that no one can keep winning; there is no way to get such odds.Always give breaks when playing, never play continuously without breaks as it exhausts your mind and you tend to lose concentration. This is a sure way to become a loser. A loser also never realizes when to stop, thus creating problems. Also concentrate on doing other things, do not keep gambling, play something else in between. Watch a show, have something to eat, and then come back. The mind always relaxes when doing something else, so when you come back you can play better.Never ever gamble when you are stressed or feeling emotionally vulnerable, this will reduce your capacity to think and you will end up being a loser, when the mind is thinking about something else you tend to lose focus on gambling and that can lead you to become a loser in the game. When you are emotional you tend to lose the ability to think on your feet.Always look to keep your mind occupied with something other than gambling when taking a break, the best thing to do is not to think about gambling when on a break and instead try to enjoy yourself which will bring joy to your mind by releasing much needed endorphins and thus simulating your mind into thinking better when you return to gamble.Keep these things in mind when you set out to gamble and you will avoid being a loser.

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Online Gambling May Be Cut Off By New Legislation

There is a new law waiting to be signed by President Bush which was presented to Congress that is holding the $12 billion online gambling industry by a thread. It appears that Tennessee Senator Bill Frist, introduced the bill on Saturday by joining it to the Safe Port Act before Congress took its election recess in November.The Unlawful Internet Gambling Enforcement Act that is expected to be signed by President Bush, will practically finish off all online gambling sites by making it illegal for any bank, credit card company or online payment system to process any payments being made to online gambling companies.The new law states that Online Gambling sites are now banned from accepting any type of check, credit card or electronic transfer payments for internet gaming in the US and seriously puts the industry in chaos.Surprised at the passing of this new debilitating law, the leaders in the online gambling industry took drastic measures and started to trade off stock on the London Stock Exchange which erased $8 billion from the industry. PartyGaming, the world’s biggest online gambling site said that they would cease their ties with the 920,000 active US customers they currently have only when Bush actually signs the new act.Although the new law hasn’t yet been signed, the industry is already being drastically affected. PartyGaming’s stocks alone have dropped 60% ending up at a measly .81 cents a share. Other sites like SportingBet and 888 Holding were also affected by the change and have since lost a lot of money on their shares. 888 Holding, for example, had a 48% decrease on their shares dropping them down to $1.42 on the British Market and announced that it was going to no longer continue its online gambling business in the United States.This isn’t the first Act, however, that has given the federal government power to break down the online gambling industry. Under the 1961 Wire Act, the federal government has the right to brake down online betting in sports, poker and other casino games that are considered to be illegal under the law.This is seriously debilitating the industries economy because the US consumer market is responsible for 50-60% of the online gambling revenue. These critical laws against the online gambling site owners are forcing companies to shut down or move out but what’s clear is that they are no longer welcome in the United States.The Madam Chairman of the Interactive Gaming Council, Sue Schneider, has predicted that over 500 companies running around 2,300 online gambling sites around the world will be facing extinction and will most likely be wiped out of the industry all together. The small number of companies that manage to live through this incredible crisis will have to live with a huge cut back on their revenue and figure out new ways of growing again. The idea of opening up in the Asian market has become a favored idea for many.Whatever the case may be, companies have 270 days after the bill is signed to figure out their plan of action before the U.S. Attorney General Alberto Gonzales decides how the law will be enforced.

How to Stop Gambling – What to Do Instead of Gambling Your Life Away and Help Problem Gambling

Alright, it is hard to stop gambling and it IS a problem! I Was a problem gambler just over four month ago, but I have stopped myself gambling and now I turned it all around and I wand to help you stop playing also and set your life on the right path again! You may not agree with me, but that is just because all gamblers never look at gambling as a problem and the ones that do always hide it and ignore it and continue to gamble their life away!You need to understand this, Gambling IS a waste of time and most importantly a waste of YOUR HARD EARNED MONEY! Keep this in mind and remind yourself that you need to stop gambling and you have a serious gambling problem, there is no point in denying it and denial will never help you and I know because it never helped me! I always used it as an excuse that gambling is not a problem and as long as I keep going back and get my money back I will stop playing, but every time all that happens is you end up watching your bank account get lower, and lower and lower until it reaches zero and you have no where to turn! And yet you are still itching to go back and try get your money back! Ever had those thoughts and feelings ? Be honest with yourself if you want to stop gambling as this is a number one tip that will help you break the habit!If you have too much free time on your hands after work and you have money, the gambling always seems to draw you in and the boredom is the main cause if it. I know how this all works too well! I was a fisherman and I earned a great salary, I used to get home early and have a whole day and nothing to do, so I would go to the pub and waste hundreds of dollars on slots and video poker machines! I won a few times which made it even harder to stop and even more enticing to go back! And go back I did, many many times until I went broke and had nothing in my bank! And I had a gambling problem to blame for it. So, now that I was broke and down it was a perfect time to realize that gambling was a problem and it was taking away all my money and causing me a lot of stress and disappointments!To add to the push that made me want to stop gambling was my partner, she nearly left me because of the gambling problem so I had to think how to stop gambling problem for good! I had no money so I stepped back and turned my thinking away from gambling and decided to search for a way to make money from home on the internet and get all my lost money back and develop a new skill! I found a marketing university online and signed up to it to learn to make money from home and keep my thoughts occupied and away from gambling! I learned a lot of important concepts from this marketing university online and I started some of my own affiliate campaigns! After only a week or so I started making great money on the internet and got a large percentage of the money I lost in no time!Ever since I found internet marketing university and started learning and keeping my mind of gambling I defeated my gambling problem and now I am becoming successful as an internet marketer and home business entrepreneur. So my final advice to you also, Finally admit it to yourself that gambling is causing you problems and you need to stop gambling for good! And try and do what I did, go and learn a new skill and occupy your mind and stop thinking about gambling, eventually once you find a place for yourself and start doing something profitable and feel successful you will never have the wants or needs to gamble again!