Lecture 40- Online Gambling — Transcript

Full transcript

1. 0:16Namaskar friends. I'm Shubhra Sha your
2. 0:20course instructor. Welcoming you to
3. 0:23lecture five of module 8 of the stress
4. 0:27management course.
5. 0:29In this series, we are talking about the
6. 0:33causes and consequences of unsafe,
7. 0:37irregulated
8. 0:39and excessive use of internet.
9. 0:43In this series, we have already
10. 0:45discussed about some significant
11. 0:48problems like internet addiction, selfie
12. 0:51addiction, nomophobia.
13. 0:54We also talked about gaming addiction
14. 0:57and now we are going to discuss a
15. 1:00problem which is surfacing quite quickly
16. 1:04and is already very pre prevalent in our
17. 1:07society known as gambling addiction.
18. 1:12So let us see what is online gambling.
19. 1:16What are the main causes and
20. 1:18consequences of being indulged in online
21. 1:22gambling behavior and how this unsafe
22. 1:26behavior can be managed to minimize the
23. 1:30financial and other forms of risk
24. 1:34associated with it.
25. 1:38Friends, online gaming is basically a
26. 1:42practice of placing bets or wagers on
27. 1:46games of chance or skills using the
28. 1:50internet.
29. 1:52The same thing that used to be done
30. 1:55physically
31. 1:56is now being done virtually by using
32. 2:01various internet platforms.
33. 2:05So when we start playing online games or
34. 2:10we start getting indulged in betting
35. 2:13behavior using internet or computer or
36. 2:16smartphone.
37. 2:18The kind of activities that we can do
38. 2:24are of wider range as compared we as
39. 2:28compared to what we can do physically
40. 2:31and of course they involve greater risk
41. 2:35for our future as well.
42. 2:39There are different types of online
43. 2:42gambling that one can do. The most
44. 2:45popular is sports betting.
45. 2:48Sports betting allows people to wage for
46. 2:53various events of sports
47. 2:56happening at bigger level like national
48. 3:00and international tournaments.
49. 3:03And these events can include football
50. 3:06matches, basketball matches, tennis
51. 3:10matches or even cricket
52. 3:13which is very popular in India.
53. 3:16So which team will win is the question
54. 3:21and then people start betting in favor
55. 3:24of their favorite teams.
56. 3:27This can elab include elaborate analysis
57. 3:31of previous outcomes or the previous
58. 3:34performances of the team and sometimes
59. 3:38people very systematically
60. 3:42bet for a particular team. Similarly,
61. 3:47another form of online gambling is
62. 3:50casino behaviors or casino games. So the
63. 3:54kind of games which are played in
64. 3:56casinos can be played on virtual
65. 4:01platforms also. These may include slots,
66. 4:05roulette or blackjack.
67. 4:08Poker is another popular online game
68. 4:11including gambling behavior.
69. 4:15Then the lotteryies are now being played
70. 4:20or purchased on online platforms.
71. 4:24So the tickets which were sold and
72. 4:27bought by people physically earlier are
73. 4:30now available on virtual platforms and
74. 4:33they can be bought uh through these
75. 4:36online platforms.
76. 4:39So these are the different forms of
77. 4:41gaming behavior which are uh quite
78. 4:43common but there are several others also
79. 4:47and uh sometimes they include the use of
80. 4:50cryptocurrencies or many different other
81. 4:53kind of currencies which may or may not
82. 4:56be legally sanctioned in the country in
83. 4:59which the person plays such games. So uh
84. 5:03one has to be very careful while
85. 5:05indulging in these kind of behaviors.
86. 5:08Now what are the risk associated with
87. 5:10online gambling? The very first risk is
88. 5:14addiction.
89. 5:15People get quickly addicted to this
90. 5:18betting behavior because there is a
91. 5:20constant hope of gain.
92. 5:24No matter I lost this time I can win win
93. 5:28the next bet. So this expectation
94. 5:32make them addicted to gambling behaviors
95. 5:37which are performed online.
96. 5:41Then the biggest consequence is related
97. 5:45with the financial condition of the
98. 5:48player.
99. 5:49If one keeps on losing and cannot
100. 5:53withdraw oneself from gambling,
101. 5:57there can be financial troubles which
102. 6:01can lead to debt and instability in
103. 6:04life.
104. 6:08One must be aware of the fact that the
105. 6:12absence of legal remedies or regulations
106. 6:15for online gaming can increase the
107. 6:19potential for scams or unethical
108. 6:22activities in such games.
109. 6:26Then online ga gaming can lead to
110. 6:30problematic gaming also. Problematic
111. 6:33gaming means where an individual start
112. 6:38to start chasing his losses and bet
113. 6:42beyond their limits. No matter I lost
114. 6:45two bets, I will win the third one and
115. 6:49this will be so big that it is going to
116. 6:52compensate for all losses whatever I had
117. 6:55met before. So problematic gambling
118. 6:58behavior is another thing that we
119. 7:01frequently observe in such conditions.
120. 7:05If I talk about the causes, of course,
121. 7:08it is a kind of uh pleasant experience
122. 7:12for those who do it. So it is associated
123. 7:16with dopamine release as other form of
124. 7:19addictive behaviors are also found.
125. 7:22It also gives an escape from negative
126. 7:25emotions like stress, hardships or
127. 7:28anxiety. And sometimes people also try
128. 7:32to do it as an alternative earning
129. 7:35mechanism. If they do not have a proper
130. 7:39earning mechanism or their earnings are
131. 7:42not enough to support their family, what
132. 7:45happens that they start playing games or
133. 7:50they start online gambling so that they
134. 7:53can earn more money to support their
135. 7:55family and because they start with a
136. 7:58very genuine and noble and benign cause
137. 8:01they don't find a need to regulate
138. 8:04themselves. They start with small
139. 8:07amounts. Usually they win initially
140. 8:11because the initial levels are easier
141. 8:14because the initial levels they provide
142. 8:17more opportunity to win and as they win
143. 8:20win and win small small amounts they
144. 8:23quickly sinks into the addiction of
145. 8:27gambling behavior. So it can also serve
146. 8:31as an alternative earning mechanism. So
147. 8:34providing a relief from the
148. 8:36unpleasantness of one's life or meeting
149. 8:40the ends in a better way. Then it can
150. 8:43also be a sensation seeking behavior.
151. 8:46Simply because I like adventure, simply
152. 8:49because I like stimulation in my life, I
153. 8:53can indulge in gambling which is done
154. 8:56through online platforms.
155. 9:00Environmental factors can also be
156. 9:02responsible for encouraging people to
157. 9:07get involved in gambling. For example,
158. 9:10easy accessibility
159. 9:12and the simple and easy nature of
160. 9:16gambling behavior available on
161. 9:18platforms.
162. 9:20They enable individuals to gamble at any
163. 9:23time from any location and to start with
164. 9:28any small amount as small as one rupees.
165. 9:32Some games allow betting one rupee only.
166. 9:36So if somebody somebody is betting
167. 9:38against one rupee, the person finds no
168. 9:41threat in that without realizing that if
169. 9:44the person continues with this kind of
170. 9:46behavior, he or she will not realize
171. 9:50when this one rupee will be converted
172. 9:52into 100 and then 1,000 and 10,000. So
173. 9:56this ease of starting this uh apparently
174. 10:01safe behavior or safe environment in
175. 10:04which the person starts gambling gives
176. 10:08him a kickstart and push him towards
177. 10:12such behaviors in future.
178. 10:15The marketing and advertising of online
179. 10:18gambling tools.
180. 10:21What is done by their operators
181. 10:24is also responsible for attracting
182. 10:28people towards such kind of behavior.
183. 10:31They mostly use very attractive
184. 10:34sometimes aggressive marketing
185. 10:36strategies and they keep changing their
186. 10:39advertisement tactics so that the people
187. 10:44should not get bored or they should not
188. 10:46get habituated rather uh they keep on
189. 10:49offering new rewards to people who
190. 10:52gamble on their platforms. So marketing
191. 10:55strategies are also very important.
192. 10:58Similarly, social influences where one
193. 11:01find the friends and other family
194. 11:03members also doing gambling online
195. 11:07gambling. So one can uh then one can
196. 11:10also feel encouraged to do the same kind
197. 11:12of thing. So if there are events or
198. 11:15incidences like that within the family,
199. 11:18one can feel encouraged to get indulged
200. 11:21in similar behavior.
201. 11:24Then there are a lot of individual
202. 11:27factors also which are responsible for
203. 11:30promoting gambling behavior in people.
204. 11:33For example, people having certain
205. 11:35personality traits like impulsivity or
206. 11:39competitiveness or risk takingaking has
207. 11:43have a great likelihood in being
208. 11:46involved in gambling behaviors and get
209. 11:50addicted to them. Similarly, cognitive
210. 11:53biases such as gamblers's fallacy.
211. 11:56Gamblers's fallacy means an expectation
212. 11:58that the person is going to win the next
213. 12:01bet. So, every time they lose they
214. 12:05increase the amount in the expectation
215. 12:07that the next time they will surely win
216. 12:10and the gain would be so big so that all
217. 12:14the losses can be compensated. This
218. 12:17particular mindset in which the person
219. 12:20is constantly striving for victory and
220. 12:23is pretty sure about his win next time
221. 12:28is known as gamblers's fallacy or
222. 12:31confirmation bias. Right? So this
223. 12:34cognitive bias can also result in
224. 12:37irrational decision making and higher
225. 12:40levels of risk-taking behavior during
226. 12:43gambling.
227. 12:45If a person lacks self-control,
228. 12:49uh he or she can find himself or herself
229. 12:54submerged with gambling behavior and it
230. 12:58may be very difficult for them to manage
231. 13:01their online gambling habits.
232. 13:04Other factors include the gaming design
233. 13:08which are intentionally kept very
234. 13:11attractive and captivating by
235. 13:13incorporating levels and rewards and
236. 13:17appraisals and social pressures. So that
237. 13:20one should not be able to leave them
238. 13:23easily unless the one is having very
239. 13:26high level of determination.
240. 13:29If we don't have determination of that
241. 13:32extent, we will definitely continue
242. 13:35under the influences of such lucrative
243. 13:38offers which are provided by the
244. 13:41operators of these gambling
245. 13:44uh platforms.
246. 13:46Uh many areas uh we lack legal remedies
247. 13:50or regulations. You know then these lack
248. 13:54of uh legal provisions make it difficult
249. 13:58to claim anything against what has
250. 14:01happened in a gambling platforms and it
251. 14:05also increases the risk of problematic
252. 14:08gambling behavior. It makes it difficult
253. 14:11to find remedies of anything unethical
254. 14:15if happened during gambling.
255. 14:19Financial problems are definitely the
256. 14:22primary consequence of unsafe gambling
257. 14:26behaviors
258. 14:27which can lead to severe consequences
259. 14:31like debt and bankruptcy. Also,
260. 14:35mental health issues are inevitable
261. 14:39in such circumstances.
262. 14:42The person who is addicted to gambling
263. 14:44behavior and is facing financial
264. 14:47troubles quickly develop symptoms like
265. 14:52anxiety, stress and depression.
266. 14:56Relationships also get strained as a
267. 14:59result of this gambling behavior and
268. 15:02strained financial
269. 15:05u aspects which one faces. People get
270. 15:10socially disconnected because they uh
271. 15:13utilize most of their time in online
272. 15:17gambling instead of socializing and
273. 15:20participating in social events.
274. 15:26However, certain management
275. 15:30practices can be applied to improve the
276. 15:33situation in which the first one is
277. 15:36known as selfexclusion.
278. 15:39Meaning to decide to exclude oneself
279. 15:43from online gambling behavior. to decide
280. 15:47not to participate in any kind of
281. 15:50gambling behavior in present or in
282. 15:54future and implement this decision with
283. 15:58strictness and determination with
284. 16:01immediate effect instead of waiting for
285. 16:04some future time to come when one will
286. 16:08uh get away from such gambling
287. 16:10behaviors.
288. 16:13uh there are provisions available
289. 16:16uh on online gaming sites which gives an
290. 16:19option of self-exclusion. So those
291. 16:22self-exclusion options can be utilized.
292. 16:26Then one can think of getting connected
293. 16:30with support groups like gamblers
294. 16:33anonymous.
295. 16:35These groups can provide individuals a
296. 16:38sense of solidarity and encouragement
297. 16:42who are trying to get away from gambling
298. 16:46addiction.
299. 16:49Seeking professional counseling is a
300. 16:51good option to try.
301. 16:54Uh here the counselor or the therapist
302. 16:57along with the person who is suffering
303. 16:59from gambling addiction can work to
304. 17:02explore the core issues which have
305. 17:06pushed the person towards unsafe
306. 17:09gambling behavior and try to remove
307. 17:13those core factors.
308. 17:16One can also learn more about
309. 17:19responsible gaming practices by limiting
310. 17:23the monetary expenditures in each bet.
311. 17:27For example, one can set the limit of
312. 17:30how much money will be spent in each
313. 17:34bet. Uh it may be five rupees, it may be
314. 17:3710 rupees. So the amount is uh within
315. 17:41limits of the individual instead of
316. 17:45leaving it to an impulsive decision
317. 17:48where one can bet against the amount
318. 17:51whatever comes to his or her mind which
319. 17:54is very risky because once one once a
320. 17:57person get addicted to it he or she can
321. 18:00bet against any amount without having
322. 18:03any control over it.
323. 18:06That's all for today's lecture.
324. 18:09Let us review what we have learned
325. 18:12today.
326. 18:13We have learned that online gambling is
327. 18:16a practice of placing bets or wagers on
328. 18:20games of chance or skill done through an
329. 18:24online platform. There are many types of
330. 18:28online gambling available.
331. 18:31for example, sports betting, casino
332. 18:34games, poker, and lotteryies.
333. 18:38The consequences of online gambling
334. 18:41behavior can be serious and it may
335. 18:45include financial burdens which can lead
336. 18:49a person to debt or bankruptcy leading
337. 18:52to relationship strains, mental health
338. 18:56issues and many difficulties
339. 18:59regarding the legal aspects. Also,
340. 19:03one should use techniques like
341. 19:06self-exclusion,
342. 19:08joining support groups and endorsing to
343. 19:12professional counseling and responsible
344. 19:15gambling practices in order to manage
345. 19:18the risk factor associated with online
346. 19:22gambling.
347. 19:24Here are the references that can be used
348. 19:27for further reading.
349. 19:31Few more references.
350. 19:35The list goes on.
351. 19:38Thank you very much for your patient
352. 19:40listening. Thank you.