Chefs4students roulette system gambling problems.
  

 

Gambling Problems Among College and University Students -

A fun roulette system became an addiction.

"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 by 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.

 

A student's roulette system addiction.

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 roulette system 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 reason."

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 spending."

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 gambling strategies 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 casino."

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 gambling problem website. http://problemgambling.ca.gov/ccpgwebsite/default.aspx 

 A help system for gambling.

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    Is a "winning roulette system" the answer for this problem gambler?My name's "Mike" and I'm a college student, 21, turn 22 this year.

    I'd never gambled ever until last October. I started gambling because I wanted to see how good I'd be at picking winners in the NFL. I probably added 50 bucks my first time. I bet on the Eagles to win which they did and I thought man I'm pretty good. Added 200 and won twice and lost, these were all single wagers and I was enjoying the ride. Now in the US if you go to a state school you get Grant money which you can use to basically do as you like.

    I had about $5000, I wanted a car so I thought to myself, why not just gamble maybe $500?  Ok, I put in !500, and lost it. Got upset and checked what else I could bet on (Biggest mistake of my life) because this when I would find the world that is Live dealer blackjack. It was a simple enough game, hell as a math major I figured I'd be able to learn the card counting systems easily. early November I signed on to 5dimes, I put in about !400, got up to $700 and I was patting myself on the back, really 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 happens you either do one of two things I suspect; either you stand back, realize that this is a frivolous way of making money, curse the Casino and automatically close your account OR you do the unfortunate thing that is succumb to your anger at losing and 'chase' the bet. Possibly the dumbest thing I've ever done, It's stupid because you throw away all inhibition and you play as if you're blacked out leaving it all to chance, saying to yourself No, this is the one, the dealer will definitely give me blackjack now, the fates have screwed me enough. "

    That five thousand I got as grant money? Gone, in fact the 900 dollars a month I received for rent, room and board? I was spending maybe 600 of that on gambling, I was behind on my rent. The alienation with people I knew just happened overnight. I didn't skip classes, no I maintained my GPA around a 3.5 funny enough. I suspect that could have contributed to the continued addiction because if everything seems fine on the outside, then you don't think there's a problem. To me this was just spending some money to make some more cash. To buy myself a car finally. But the worst hadn't happened. December 31st, my monthly cash came. I'd 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 literally resigned to leaving. What happened? I made $15,000 at blackjack in the space of 8 hours. I started off betting 30 bucks and I won every hand, 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 divine intervention to check and see if I'd truly leave. 15K up you'd think only a fool would stay. I was happy, just excited. I remember 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. Instead of leaving?  I put my saving in, about $1400 over the next month. I was 3 months behind on my rent, and I kept thinking -I'll pay my landlord once I get my big break That big break never came. Last Friday after losing and looking at my life, empty, just constantly stressed because of the lack of winning, the lack of finances, I didn't even get angry when I lost this time. I actually laughed, literally. Calculated how 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 account because I knew the tediousness of opening it would dissuade me, but if I left it open, I could fight the temptations themselves.

    And as I write this, It's been seven days since I last gambled. It's crazy how it's constantly on my mind and I WANT as if my body aches from not gambling. This NEED, it's like you feel alive in that semi circle throwing your life away. My social life died out, I reached out to an old friend a couple of days ago and we'll hang out, I'm re-entering society lol. I feel like I've been dead for the past six months. I feel freer day by day though and hopefully I'll have the strength to fight this disease. I know I wrote a lot, but thank you all for listening to me.

    "Mike"

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    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 card counting 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!

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    Fact Sheet: Gambling Disorders among College Students

     
    • 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 any gambling 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 surrounding community.
    • 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.
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