A fun roulette
system became an
"I had always had a bit of a problem with gambling," says one student.
I always played my favorite roulette system at the local casino. "When
you start your degree they give you a lot of money and you just think, wow!!!"
He's not the only one taking a punt with his student loan: a survey last year
Save the Students showed that as many as 20% of university students had
gambled in one way or another in an attempt to make some money.
For those immune to the draw of the bright lights of
Las Vegas, or who see
gambling as a "tax on stupidity", it may be hard to understand why it appeals to
so many of the our young sharp youthful minds.
The odd flutter here and there can be harmless, but for the growing number of
students in the system with a so-called gambling problem, it's not just their finances.
Gambling addiction has been linked to poor mental health, crime, alcohol problems and
a lower educational attainment.
One ex-student, who is anonymous, gambled large amounts of his
student loan playing a roulette system, culminating in a loss of several hundred in just one hour. He describes
spending 20-40 a week on the controversial
fixed odds betting terminals at the local bookmakers, but also started
betting at home on online roulette games.
"After receiving my student loan payment one day, I took a
large chunk of it and decided to have a really good go at making some money".
There are several
strategies for gambling available
online to learn and play. "I got on to a big winning streak, and before I
knew it I had thousands in my gambling account. Unfortunately I was only allowed
to make small withdrawals per day, and when I went back to the site the
following day to make the next withdrawal, I decided to see if my luck was still
in. I lost my remaining funds."
"My head was in my hands. I was gutted. I thought my money worries were over,
and I was thinking about buying a vacation. I had been shopping that morning and
spent 300 on a wardrobe."
The financial problems were stressful, but he says it was the obsessive
nature of the addiction that affected his studies the most.
"Gambling caused me a lot of problems with my degree
as well. While my friends were
in the library, I would be in the bookies trying to win big money. I wouldn't say it
was the only reason I didn't finish my course, but it was certainly a big
Lloyd D., 26, a postgraduate of history student at the
college, started gambling on football matches to add a bit of extra interest.
He spends around 10 a week on bets, and doesn't consider himself to have a
problem at all, but is well aware of the need to control his gambling and warns against
online gambling and "fast turn-over casino style games!".
"It's best to physically see the cash you are handing over," he says. "Online
you don't see the money leave your account, so its hard to know what you're
It's estimated that around
127,000 young students have a gambling problem of some kind, and opportunities to
get involved in gambling are increasing. The revised Gambling Act that means
casinos no longer require membership, and bookmakers and online betting sites
can now advertise on television too. There are several
for craps, blackjack, sports wagering and
roulette systems available to play today.
Those who start gambling are more likely to have a problem as adults
after they leave college, which makes tackling the problem at university even
more important, according to one of the gambling charities.
"It's time to open up a conversation about student
gambling in universities," says Trevor D., the charity's lead training and development consultant. "For the first time, student finance officers have been coming to us and
requesting we come to events and give information to the kids," David continues.
"Universities seem to be becoming aware that there is a growing problem of
students who visit the casino and like gambling."
He also says that unlike drug and alcohol addictions, which often have
physical manifestations and are better understood, a lack of knowledge about
gambling addiction means that it goes unnoticed: "More education is needed
– people need to know how to spot a gambling problem in others and what help and
support to provide the kids.
"University staff in the system need to know how to spot a problem and what support to
provide. Student money advisers, for example, should know what simple questions
they can ask to find out if a student is having trouble with gambling at the
The advice from the gambling charity is to "remember that gambling should be about
entertainment and having fun. It's not a way to make money, it's not a way to
get rich quick."
If you are concerned about the amount of time or money that you or
someone you know is spending gambling, you can talk in confidence to a councelor.
Call 1-800-Gambler or visit the
and I'm a
21, turn 22 this
because I wanted
to see how good
I'd be at
in the NFL. I
50 bucks my
first time. I
bet on the
Eagles to win
which they did
and I thought
Added 200 and
won twice and
lost, these were
wagers and I was
ride. Now in the
US if you go to
a state school
you get Grant
money which you
can use to
basically do as
I had about
$5000, I wanted
a car so I
myself, why not
maybe $500? Ok, I
put in !500, and lost
it. Got upset
and checked what
else I could bet
mistake of my
this when I
would find the
world that is
was a simple
hell as a math
major I figured
I'd be able to
learn the card
signed on to
5dimes, I put in
about !400, got
up to $700 and I
myself on the
elated at this
'talent' I had
for making easy
money. It took
me about 3 hours
to make that
300, I lost it
in the next half
hour. After that
either do one of
two things I
you stand back,
this is a
frivolous way of
curse the Casino
account OR you
thing that is
succumb to your
anger at losing
and 'chase' the
thing I've ever
you throw away
and you play as
leaving it all
this is the one,
the dealer will
now, the fates
have screwed me
thousand I got as
Gone, in fact
the 900 dollars
a month I
rent, room and
board? I was
600 of that on
gambling, I was
behind on my
people I knew
classes, no I
GPA around a 3.5
funny enough. I
fine on the
you don't think
problem. To me
this was just
money to make
some more cash.
To buy myself a
car finally. But
the worst hadn't
my monthly cash
decided I was gonna quit and
save my money.
What comes next
was just messed
up. I got the
cash, put 300 in
5dimes, and said
if I lose this,
I'm done. I was
happened? I made
blackjack in the
space of 8
hours. I started
off betting 30
bucks and I won
within 2 hours I
was betting !300
to five hundred a hand.
And I won EVERY
singlehand, I don't
know if this was
some sort of
test by some
check and see if
I'd truly leave.
15K up you'd
think only a
fool would stay.
I was happy,
just excited. I
thinking what kinda car I'd
buy once I took
the cash out.
Then the greed
came and I
thought, I can
flip this into a
whole lot more.
I bet on a
couple of games.
And 13k was left
and I proceeded
to lose all of
it within the
next 24 hours.
leaving? I put
my saving in,
about $1400 over
the next month.
I was 3 months
behind on my
rent, and I kept
pay my landlord
once I get my
big break That
big break never
looking at my
of the lack of
didn't even get
angry when I
lost this time. I
much I'd lost of
my own money and
it came to 7k. I
decided to never
play again. And
this time I know
I won't. I
didn't close the
I knew the
opening it would
dissuade me, but
if I left it
open, I could
And as I write
this, It's been
seven days since I
It's crazy how
on my mind and I
WANT as if my
body aches from
This NEED, it's
like you feel
alive in that
life away. My
social life died
out, I reached
out to an old
friend a couple
of days ago and
we'll hang out,
society lol. I
feel like I've
been dead for
the past six
months. I feel
freer day by day
disease. I know
I wrote a lot,
but thank you all
for listening to
The 2008 movie
21 is a
fictionalized tale of college students who use math to devise a formula to win
at the game of blackjack. The true story didn’t play out exactly like in the film, but the
basic message is accurate: The geeks beat Las Vegas.
The team used
blackjack system, a technique that reveals whether upcoming cards are primarily high
or low. When players expect high cards, they should raise their bets. Despite
what movies like Rain Man suggest, you don’t have to be a genius to count
cards at all, and counting a dozen decks is no harder than counting one. But if
you raise and lower your wagers correctly and win a lot of money, the dealer may
notice, and the casino may indeed ask you to leave.
The MIT gamblers got around this problem by working as a team.
they developed their own blackjack gambling system. A few members
would count cards and
signal the counts to a third member, who’d bet big exclusively at high count
tables. Then other members would simply distract the dealers with huge bets of
their own, ignoring the count and roughly breaking even.
The team won big! Over their years of play, they
pulled in millions of bucks. They even formed an investment company just to handle
their bankroll. What a story. But it doesn't always work out this way!
Fact Sheet: Gambling Disorders among College
- The most recent research estimates that
6 percent of college students in the U.S.
have a serious gambling system problem that can
result in psychological difficulties,
unmanageable debt and failing grades.
- Research has shown that teenagers and
college-aged young adults are more impulsive
and at higher risk for developing gambling
disorders than adults.
- More and more adults with a gambling problem
started gambling at an early age. Scientists
have learned that the adolescent brain is
still growing, which accounts for the
frequently impulsive behavior and unwise
decisions of teenagers.
- Compared to female college students,
research suggests that male college students
are more likely to have gambled in the past, gambled with more money and reported
having gambling problems.
- Some gambling disorders are associated with
numerous negative consequences and are
highly correlated with other risky behaviors
in the college student population.
- Compared to students without
problems, students with gambling problems
are more likely to use tobacco, drink
heavily or binge drink, smoke marijuana or
use other illegal drugs, drive under the
influence and have a low GPA.
- Gambling opportunities, once only
available in a few states, have proliferated
nationwide during the past 35 years with the
expansion of lotteries, casinos, and
Internet gambling. Therefore, today’s
college students are exposed to not only
drinking alcohal and drugs use but also gambling
as well. This system is
both on campus and in the
- While the most recent research estimates
that about six percent of college students have a
gambling problem, college students appear to
mature out of these problems, as they do
with alcohol and drug use, after college.
This is evidenced by the fact that only one
percent of the adult population has a
gambling issue in America.
"If I don't
have a good
shower, I am not
myself. I feel
- Kramer, in "The
episode of TV's
Here's a Libertarian
approach to shower heads: How to
improve your shower head for high pressure and high flow. However, low flow high pressure shower heads for low water pressure may be a more sensible way to save water, money, time and the environment.