The scene is set. It’s only past 2 A.M. on a school night. The windows are closed and sunlight has always been gone, but the glow from the screen has never been more evident on his face than this moment. Because the sweat crawls slowly down his forehead, his hands simultaneously creep through to each side of his face, the palms perching under his chin since the fingers extend to cover his eyes. His right elbow slips for an instant second on page 238 of his Econ book, but he recovers immediately and sits such as a statue as he waits for the river. One more card. He requires a heart. He holds a heavy breath in his throat before opening his eyes. 8 of spades. Pelangipoker The $1200 Texas Hold’Em pot slides over to the person in the cowboy hat and the sunglasses at the corner of the table. A pop-up window jumps onto the screen, but he already knows what it says as his head collapses into his Econ book. “You may not have sufficient cash to get back in. You’ve 0 dollars.”
What may have been more of a fictional story some 5 years back is quickly becoming a fact in more than half of each male college students lives today, as 50.4% of male college students gamble on cards at least once a month*. It’s never been more evident that online gambling sights are beginning to cater for their biggest audience today. Up and coming gambling poker sites such as for example absolutepoker not just offer easy ways to deposit and transfer money for college students who have easy usage of charge cards and ample time for you to waste, but also are now offering scholarships and tuition payments for winners of select tournament pools.
With 2.9 million Americans between the ages of 14 and 22 gambling on cards at least once a week*, it’s no wonder that the estimated revenue for Internet gambling in 2005 was $12 billion, up almost $9 billion from the $3.1 billion which was raked in from Internet gambling only 4 years earlier*. The numbers will only continue to skyrocket, and the fact of the problem is that many college students find yourself in a similar situation to the one described in the opening paragraph. However, there are smart tactics that college students must learn to use while gambling that’ll not only help win some money in the short run, but may also make them manage their money successfully in the future.
Certainly one of the main things to realize is that as much as gambling is televised and glorified today, it’s dangerous and there’s little help provided for anyone in trouble. A standard misconception is that to be able to win big, you have to bet big. In the long term, in the event that you bet big on poker, blackjack, sports, etc, you’ll lose. This is the reason these establishments and websites exist, because the odds come in their favor. Even although you get lucky and win once or twice, they know you will end up back, and they’ll get the best of you in the end. The most effective advice you’ll ever receive on Internet gambling is setting self-limits for your gambling habits before they escape control. If you’re a poker player, make a weekly deposit limit on your own, $50 for example (on some Internet gambling sites such as for example partypoker.com, there’s a feature which lets you actually set a weekly deposit limit online). In this way, in the event that you lose, you could have some time for you to relax and think about ways to manage the money better the next occasion, and in the event that you win, you could have an even more conscious attitude of steps to make the money you have earned prosper, rather than the attitude that the gambling sites want you to own: “well, if I lose this, it’s no big deal, I will just cash out some more.”
For many college students, Internet gambling is seemingly a small risk, big rush, fun opportunity to pass the time passed between classes. But without a weekly deposit limit, the small risks can too often escape control. By setting a weekly limit, you’ll not just be holding a better hand than others on the Sites that you will end up playing against, but you can also have an ace up your sleeve when coping with money handling issues in the future. Believe me from personal experience. I’m all in on this one. It’s up to you to help make the call.