What are the adverse effects of gambling? How does it affect society? Should gambling be legal? We don’t think so and here we bring you an article that discusses the reasons why gambling should be illegal.

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Aadhaar-Linked Sports Betting, Gambling Should Be Allowed – Law Commission Illegal sports betting is worth $150 billion in India. By Mohul Ghosh On Jul 6, 2018. The gambling is unregulated with the profits funding an illegal enterprise, and anyone who participates is breaking the law. So you lose your money to the mob rather than the state, and if you get caught you can go to jail. Level 1 nitrous729. The Lords say they should be classified as 'games of chance' - which would bring them under the Gambling Act 2005. 'If a product looks like gambling and feels like gambling, it should be regulated.

Gambling refers to the process of staking money in view of gaining more. When it comes to making money, one has to draw a line between need and greed. Gambling is something that blurs this line. It tempts you to risk more in an attempt to win more and the cycle does not seem to end. In case you lose money, you want to earn it back and if you earn money, you are tempted to gain more. Caught in the cycle, you keep gambling for hours. And then you do it regularly. It becomes a habit you cannot break.

Over time, you may get addicted to gambling. In the process, you end up losing large sums of money. Even if you win, your greed to win more might never end. The activity that started as a game of winning or losing money might take a bad turn and lead you to criminal activities. Gambling may breed ill-practices that have adverse effects on your family and social life. Perhaps, a good solution to prevent the damaging effects of gambling is to make it illegal.

Why Gambling Should Be Illegal

Gambling Invites Problems

Gambling is meant to serve as a recreation. People engage in gambling activities to get rid of their problems, stress, and loneliness. But most often, the contrary happens. Gambling often turns out to be a thoughtless splurge of money and a waste of quality time. It invites problems.

Gambling Leads to Crime

Gambling can lead people to crime. Those addicted to it fail to think wisely before taking any decisions in life. The addiction forces them to risk huge amounts of money. It may lead them to a stage where they cannot stop themselves from betting money and valuables, in turn leading them to bankruptcy. Those addicted to gambling are often seen giving up their jobs and careers, thus spoiling their lives.

Compulsive Gambling can Ruin Life

Problem gamblers or compulsive gamblers as they can be called, feel compelled to bet money with the intent to win more. Irrespective of whether they lose or win money, their addiction to gambling forces them to continue staking it. It may land them into huge debts. Lack of funds to repay the loans may leave them incapable of shouldering responsibilities towards their family. In this case, the family members have to face hardships and economic problems, or they may decide to separate, sharing no responsibility of the money lost.

It’s Addictive

Gambling is so addictive, that it won’t be wrong to compare it with drugs. Similar to how substance abuse has devastating effects on a personal and social level, even gambling is detrimental to both these aspects of living. That’s one reason why it is wise to outlaw it.

Gambling Affects Finances

Though one may argue that gambling is only a means of recreation and that it should be taken as a form of entertainment, truth is that it is seldom taken that way. Gamblers consider it to be a business, an investment, or a way to earn money. They take irresponsible decisions about staking money and risk amounts they don’t even have. This leads to huge debts they may never be able to repay. The prohibition of gambling by law is an effective measure to discourage people from its damaging effects.

It’s Fruitless

Money that could have been invested in better ways or put to better use is lost in gambling. Money just changes hands between the gamblers and is never really put to any worthy use. It keeps circulating between those involved in gambling, and they keep switching between rich, richer, poor, and poorer. Gambling can make the rich poor and the poor rich, within seconds; that too only out of luck. It is tempting to bet money, hoping for a bigger win every time. The allurement is not easy to overcome. And hence it’s best done by law.

Gambling Leads to Malpractices

Gambling leads people to borrow money and take secret loans for betting. These practices can best be prevented through law. Generally, people fear to do something that is illegal. They prefer to remain away from anything that is banned by law. Thus, if gambling is made illegal, its detrimental effects may be substantially reduced.

Gambling Should Be Illegal Reddit Streams

Making gambling illegal can solve many of the problems associated with it. Crime is best curbed through the use of law and order. If addiction to gambling is entitled to punishment, gambling practices will become less prevalent or may even stop completely. Strict laws against gambling, punishments or penalties to those caught, and surveillance, can prevent the number of people engaging in gambling activities.