Tag Archives: psychology of gambling

Understanding the Psychology of Gambling

illusion of controlGambling is perceived by many individuals as merely a form of entertainment – an outlet for stress and perhaps even a form of “therapy” where person can kick back and have fun. Over the past few years, gambling has grown into a popular global pastime, appearing in a variety of guises such as horse racing, casino games, sports betting, lotteries, slot machines and other games of chance. Due to ease of access, gambling has become particularly rampant on the internet with hundreds of gambling sites having mushroomed online to meet the increasing demands of gamblers worldwide. However, while gambling has indeed become a part of everyday life, studies show that the practice can be much more dangerous than you might initially think. Continue reading

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