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Motilal Oswal bets on online platform for future growth

. Smart Watch App

The company also launched Indias first Smart Watch App to enable its customers get access on the latest market updates, open positions update and check their portfolio and net worth on their wrists. The companys IT spending jumped 50 per cent and formed 8-10 per cent of its broking revenues in FY16.

Share of online trading for the industry has gone up from 28 per cent of retail market turnover in FY08 to almost 53 per cent in FY2016.

The company currently has over 160 people in its IT team and the same will be 200 by FY17-end. It sees IT spending growing 25 per cent in FY17 and the same is seen touching 12-14 per cent of revenues in the next three years.

We plan to introduce new things such as customised experience to clients, pre-packaged productised advice, robo-advisory models to retail clients, , said Arun Chaudhry, Vice-President Online Business & Product Development.

Indias leading brokerage firm and has been in the field for many decades recently introduced first completely paperless e-KYC and instant trading + demat account facility in 15 minutes.

Sees the segment contributing 60% of turnover in the next 2-3 years

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Mumbai, April 12:

Motilal Oswal Securities is bullish on online trading for future growth of its business. The company believes it has created a sizeable support team for its online trading platform. This along with a completely revamped website a year back makes Menon confident about online business. The companys online trading turnover grew 65 per cent in 18 months ending FY16. Thank You. Its app-based trading platform is successfully running since last two years.

(This article was published on April 12, 2016)

Please enter your email. This has happened when the overall turnover at the industry level has been more or less been flat, Ajay Menon, MD & CEO Broking and Distribution, Motilal Oswal Securities, said.

He expects a similar growth in the next 2-3 years and expects it touch 60 per cent of total turnover.

Accordingly, online trading as percentage of total turnover more than doubled and formed 39 per cent in the same period.

The main reason for a steep growth was our focus on technology to deliver a superior digital experience to our customer

Book People – Photo 14 – Pictures

On April 2, 2007, Roth was officially announced as the winner of the first ever PEN-Saul Bellow Award for Achievement in American Fiction. It traces what the great thinkers of Western philosophy have thought about happiness.

Credit: AP Photo/Phil Coale

Author Larry Brown poses on March 19, 2000, near Oxford, Miss. Gordimer, shown with her dog at her home in Johannesburg on March 19, 2007, was awarded the decorative medal at a ceremony at the Pretoria home of Denis Pietton, the French ambassador in South Africa.

Credit: AP Photo/Jerome Delay

Author William Kennedy poses at his home in Averill Park, N.Y., on March 14, 2007. Open Tennis tournament in New York on Sept. The week-long fair focused on Indian writers.

Credit: AP Photo/Jacques Brinon

Florida State University professor Darrin McMahon is shown in his office in Tallahassee, Fla., on Feb. Rost, born in Togo, published the primer to explain the basics of France, citizenship and the right to vote to project dwellers, most of immigrant origin like himself. Her previous novel, “We Need to Talk About Kevin,” which detailed a mother’s reaction in the aftermath of her son’s murderous rampage at his school and won the prestigious 2005 Orange Prize for Fiction, sold more than 600,000 copies in Britain.

Credit: AP Photo/Lefteris Pitarakis

Actor and writer Gene Wilder signs a copy of his new book, “My French Whore,” at a Barnes & Noble store in New York on March 15, 2007. Brown, who wrote about the often rough, gritty lives of rural Southerners, died in November 2004.

Former chess world champion Garry Kasparov attends a signing for his new book, “How Life Imitates Chess,” at a book store in Piccadilly, central London, on April 3, 2007.

Credit: AP Photo/Yui Mok

Novelist Philip Roth sits inside a screened tent at his home in Warren, Conn., on Sept. The New York Times reported on March 21 that Simon & Schuster will publish “Wrestling History: The Bill Clinton Tapes” at the end of 2008.

Credit: AP Photo/Charlie Riedel

Republican presidential candidate John McCain holds up a copy of “Against All Hope” by former Cuban political prisoner Armando Valladares as he speaks at the Bay of Pigs Museum in Miami on March 21, 2007.

Credit: AP Photo/Wilfredo Lee

French Prime Minister Dominique de Villepin, right, is shown a book by book fair chairman Serge Eyrolles, left, during the inauguration of the 27th Paris Book Fair on March 22, 2007. The memoirs of the tennis star, gossip column favorite and philanthropist, a book strongly desired by numerous publishers, have been acquired by Alfred A. 5, 2005. In 2006, his memoir “Kiss Me Like a Stranger” was published.

Credit: GETTY IMAGES/Evan Agostini

Former Australian One Nation Party leader Pauline Hanson attends the Sydney launch of her autobiography “Untamed & Unashamed” on March 29, 2007. Her memoirs tell the story of how she came to be charged and served jail time for fraud, her fight to prove her innocence and of her life before and after politics.

Credit: GETTY IMAGES/Patrick Riviere

Author and Driector Ken Russell reads extracts from his book “Beethoven Confidential and Brahms Gets Laid” at Waterstones in London on March 15, 2007.

Credit: GETTY IMAGES/Chris Jackson

. What started out as almost a form of therapy eventually turned into his first book, “The Invisible Wall,” which chronicles Bernstein’s childhood in a northern England mill town.

Credit: AP Photo/Mel Evans

French rapper Rost, 30, holds a copy of “Guide to Voters” in Paris on March 26, 2007. home on March 14, 2007. Knopf, according to a statement on March 28, 2007.

Credit: AP Photo/Mary Schwalm

Britain-based U.S. 3, 2006. Shriver is famous in the U.K., but relatively unknown in the U.S. 19, 2007.

Credit: AP Photo/Tina Fineberg

Andre Agassi sports a necklace reading “Daddy Rocks” during his match against Benjamin Becker of Germany at the U.S. Rappers, known for their bad boy image and troubles with the law, are getting down in France’s ghettos with a new tune: Vote in the presidential election in May.

Credit: AP Photo/Michel Euler

Nobel laureate for literature Nadine Gordimer, noted for her work about the inhumanity of apartheid, has become one of just a few South Africans to receive France’s highest award, the Legion of Honor. McMahon’s book, “Happiness: A History,” was named in January by The New York Times as one of the 100 notable books of 2006. 27, 2007. DeLay’s book, “No Retreat, No Surrender,” was released in March.

Credit: AP Photo/Pat Sullivan

Harry Bernstein, 96, works at his typewriter in the bedroom of his Brick, N.J. His unfinished final novel, “A Miracle of Catfish,” was published in March 2007, with notes from Brown on a proposed ending.

Credit: AP Photo/The Oxford Eagle

Charlotte Chandler, author of “Ingrid,” a new biography of actress Ingrid Bergman, poses in New York on Feb. “Grindhouse,” a double feature by Dimension Films, will be released on April 6.

Credit: AP Photo/Stephen Chernin

Former House Majority Leader Tom DeLay autographs one of his books at a book signing in Sugar Land, Texas, on March 27, 2007. A two-month celebration of Kennedy’s “Albany Cycle” of works about New York’s capital and its once-mighty Democratic political machine is a sort of payback for a loyal son who has spun the city’s roguish past into novels that have put it on the literary map.

Credit: AP Photo/Mike Groll

Former President Bill Clinton waves to the crowd as he speaks at the Landon Lecture in Manhattan, Kan., on March 2, 2007. Lyons Press, an imprint of Globe Pequot Press that publishes many sports books, released Peter Golenbock’s “7: The Mickey Mantle Novel” on April 3, 2007, with a planned first printing of 250,000.

Credit: AP Photo

Actress Rosario Dawson arrives at a comic book shop in New York on March 31, 2007, to sign “Grindhouse” memorabilia. The love story is Wilder’s first novel. author Lionel Shriver poses at her central London apartment on March 7, 2007. The $40,000 prize is named for the late Nobel laureate and one of Roth’s closest friends and literary heroes.

Credit: AP Photo/Douglas Healey

A racy novel about the late baseball great Mickey Mantle, shown here in 1966, has found a new home after being canceled in the wake of publisher Judith Regan’s firing

David Stern Says ‘Let’s Go All The Way’ With Legalized Sports Betting

Its OK. Its going to be properly regulated,” Stern said at a forum on the future of sports media in New York City, according to The Bergen Record.

“I think that gives a way for states to make more money, for leagues to be compensated for their intellectual property, and for the federal government to take [away] illegally bet money and put it through the federal coffers,” said Stern.

In Stern’s view, having the federal government regulate sports betting for the NFL, NBA, MLB and NHL is preferableto a state solution, as all four major sports leagues are national entities.

Former NBA commissioner David Sternunequivocally voiced support for legalized sports gambling in the United Stateson Thursday night.

The only thing that makes sense for professional sports is to have federal legislation and regulation, said Stern in an interview with The Bergen Record following Thursday night’s event.. Stern did say, however, that he generally opposed a gambling legislation on a state-by-state basis. A U.S. appeals courtruled against New Jersey’s sports betting law in August, but in September, Governor Chris Christie filed a motion to re-hear the case.

Stern’s approval of federally regulated, legal sports betting follows the view of his successor, NBA commissioner Adam Silver, who called upon Congress to create a framework for states to authorize betting on professional sports in November 2014.

Also on HuffPost:

There should be federal legislation that says, Lets go all the way and have betting on sports. If its subject to 50 individual states, you have every state representative who thinks he has a perfect idea — thats problematic,” he said.

The commissioner that once sawgamblingthreaten the integrity of his sporthas spoken: Legalize it.

Specifically, Stern opposesNew Jersey’s attempt to give state racetracks and Atlantic City casinos the option to open their own sportsbooks for betting on NFL, NBA, MLB and NHL games

Research and Markets: Online Sports Betting: A Market Assessment and Outlook (Second Edition) – 2013

We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Compared with other online gaming and gambling genres, the sportsbook is the most effective way to attract and retain customers, with a lower cost per customer acquisition, the longest life span and the best cross-selling potential. Insiders expect the number of new entrants to slow down rapidly however in the next few years with each of the major online sportsbooks looking to diversify into foreign markets for growth.

DUBLIN–(BUSINESS WIRE)–Research and Markets ( has announced the addition of the “Online Sports Betting: A Market Assessment and Outlook (Second Edition)” report to their offering.

For more information visit

About Research and Markets

Research and Markets is the world’s leading source for international market research reports and market data.

The online sportsbook industry has expanded considerably over the past few years with hundreds of sites now available for customers to choose from. Globally, sport fulfils an important role in society – socially, economically and in terms of entertainment. It enhances the appeal of competitions particularly when in-play’ or live betting is thrown into the mix.

This report examines the main issues surrounding the growing digital sportsbook industry including betting market overviews, areas of opportunity, factors affecting growth, marketing strategies, regulatory issues, the growing role of smartphones, social and in-play betting.

Key Features:

- Global betting market overviews by region

- Strategies into areas of opportunity: how you can expand and grow

- Important factors affecting growth in the industry and how to avoid the pitfalls

- Discover the marketing strategies of online and mobile sportsbooks

- Regulatory issues and the growing role of smartphones and how it’s affecting sports betting offerings

- Social media and in-play betting

As gambling is made more accessible and convenient, consumers may choose to allocate a greater portion of their discretionary income to this particular form of entertainment. A large proportion of customers have been with online sportsbooks for more than two years and are still contributing significantly to their bottom lines, according to industry insiders.

. Betting is a complementary and popular form of entertainment and in itself creates a heightened interest in sports events

How to Find a Husband

And then dinner at Wendy and Phil’s happened. Of course, you need to decide if you have it in you to put yourself through the process of dating an ex. If you find someone interesting there, start dating and you’ll have upped your chances of finding a husband. Why not? There was a bond there before you guys parted ways, correct? And now with the passage of time, those niggling doubts and reasons that led to the relationship breakup might not even exist anymore. Of course there were the tiffs and the arguments too but there was at the base a strong feeling of togetherness, security and love.

The song that I penned down as an introduction to the article is perhaps the best way of portraying what every young girl dreams of growing up. So then what is a girl to do when she wants to be with someone in marriage? And when she longs for that security that only a marriage provides for? And is it really something to be looked down upon this question of how to find a husband? And more importantly is the need to find one, wrong? To understand what I’m talking about, I’d like each of you who has a relationship going or are married to the love of their lives to think about what it feels like to be with your partner and how you would feel if that love was taken away? The emptiness and vacuum – would you be able to bear it? And that is why, judging the question or the person who asks this question is completely baseless. And this very few societies cater to. But to get out of the phase of romanticizing the feeling of love and marriage and looking on to the more practical methods of finding a husband is what we will be focusing on in the paragraphs that follow. For an arranged marriage to take place however, a society needs a setup that caters to the specific demands. Use the social networking sites for your benefit and look to making new friends and getting to know guys. But it is an option that many look into for finding a husband.

Reconsider Options

There might have been times when you were dating someone and you had to part ways for numerous reasons – perhaps the timing wasn’t right or that you’ll had different plans in your career. Ways of Finding a Husband

Join a Dating Service/Register Online

While these two steps are an indirect approach to finding a husband, where you need to date and then wait to see if the relationship is moving in that direction, there are other methods that have a more direct approach to this, like joining a dating service or registering yourself on an online dating program. I mean, isn’t finding a husband a natural process that occurs after one falls in love and wants to be with him through marriage? To which I’d simply like to point out that there aren’t as many who have their relationships carry on till the end, there aren’t many who get to be with the person they love and there aren’t many who have what it takes to take the relationship through to the point of marriage. Hope you find what you’re looking for…who you’re looking for.

I understand that many of you will scoff at the issue that this article focuses on and term the question rather preposterous. Another way of socializing is through the Internet. In that way you are broadening your horizon to meet guys and kick starting the process of finding a husband.. And when that dinner happened, I could see for the first time that marriage wasn’t necessarily a bad thing. The deal with these programs is that the people who join them are more readily looking to venture into a long term relationship and alliance and that is how they are separated from any other regular relationship. And if you do then meet up casually and see how it goes. One other way in which this medium helps is that it usually has a forum where the basic characteristics of a person have been already recorded and therefore finding another person who matches those is easier. Reconsider those options. Unfortunately, it is a process that needs to be followed and you can’t simply have a husband at the click of a finger.

Finding a husband cannot be entrapped into a single formula that promises success. Which then increases the chances of striking it off with a person.

Matchmaker, matchmaker, make me a match

Find me a find, catch me a catch.

Matchmaker, matchmaker, look through your book

and make me a perfect match.

Matchmaker, matchmaker, make me a match

Find me a find, catch me a catch.

Night after night, in the dark, I’m alone

So, find me a match of my own.

~ Fiddler on the Roof (1971)

I ran away from marriage for a long, long time for reasons many. Many times, you might be surprised to see how the sparks fly and offer that familiar comfort level.


Socializing is and will always be one of the best bets for finding someone that you like and want to date. But rest assured, the following techniques and steps do provide a perfect medium to follow through in the hopes of success. The little moments that they shared as husband and wife, the connection they had going – the stolen moments, the secret looks, the rightful hand in hand, the small peck on the cheek before one exited the room. Unless you follow this very important relationship advice, there is just no going forward. Visit parties and social gatherings, join a hobby class and hone up on your talking skills. It is not something that should be mocked at but rather requires that one look at the underlying sentiments of why that question comes about.

Let the Word Spread

Let a few close friends or even family members know that you are seriously thinking about a long term relationship and that if they know anyone who they think you will strike a bond with, they should introduce you to him. And while there is no single best way to find a husband, let’s hope that some of the relationship advice for women I mention below will show you the right direction in your quest.

Arranged Marriage

Many cultures in the world have the concept of arranged marriages at their base and while you might think that it’s an outdated concept or an unthinkable process, let’s just say that the times have changed and that the way in which this option is carried out is in no way a forced ordeal

Casino-Gaming :: How To Win Lotto: The Most Effective Way To Pick Your Winning Numbers (Page 1 of 2)

This advice is dispensed about as frequently as a new system for picking this week’s lucky numbers is announced.

Lotto is a game of chance based on a random selection of numbers. End of story. Nothing could be more rewarding than cashing in a one- or two-dollar lottery ticket for a million-dollar jackpot.

But seriously, should you change your numbers, or stick with the same numbers all the time (in case they are drawn)? It’s a good question, and one that vexes more lotto players than they care to admit.

Page 1 of 2 :: First | Last :: Prev | 1 2 | Next

How To Win Lotto: The Most Effective Way To Pick Your Winning Numbers

In spite of the enormous odds, and regardless of the type of prize you are seeking to win, you can always depend on three universal principles* or laws every time you play lotto anywhere, anytime. It just cant be done, nor will it ever be possible. The answer is simple.

Lottery Numbers Are Totally Random

So, what IS the most effective way to pick your winning numbers?

I am yet to see any computer system or software package that can reliably and consistently predict the winning numbers of any lottery in the world. Although interesting, these systems have absolutely no bearing on your ability to predict the winning numbers, nor your chances of winning a prize. The most important of the three ‘laws’ is this…

By all means, go ahead and have fun using these products to choose your weekly numbers. It is not possible to consistently and reliably predict a random event. Anyway you choose. Full stop. A random selection of numbers can not, by definition, form a pattern. Just never bet your house on them.. To this end, any product that claims to analyze patterns in actual lottery results or help you predict the winning numbers of your favorite lottery is a scam.

You only have to scan the daily tabloids or internet search engine listings to know that everyone and their dog possesses some unique method of busting the odds or predicting the winning numbers of any lottery in the world.

Your choice of selections has absolutely no bearing on the numbers which will be drawn this week, or any week for that matter. Grasp this concept, and you are well on your way to lotto success.

When you consider the potential multi-million dollar fortunes on offer, picking your lotto numbers can seem like a complicated and stressful affair.

Mark Collard

Never Change Your Numbers?

If you want to know, I always choose my numbers randomly (it’s a function of the winlottosystems wheeling software I use) because it’s easy, and I don’t have to think. To suggest otherwise is to appear gullible and stupid. If you just heard yourself say “No theyre not,” dont bother reading on youre fooling yourself, and I dont want to waste your time any further.

Consequently, do not concern yourself with coupon patterns, hot numbers, frequency statistics or other implausible good luck charms

Soccer Statistics – Past Results, Match Fixtures, Head-to-Head (H2H), Odds Comparison, Team Form

Players’ profile. The last 5 matches form and the results in their current competition. Latest Live Soccer Odds from Europe and Asia bookies. Find out the name of the goalscorer and when it was scored.

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According to our computer algorithms, match fixing might occur to these football matches with highly unusual odds movement prior to kick-off. Including photo, jersey number, height, weight, soccer career portfolio and many more. Compare two teams to find out who is stronger based on their past match results. Bad luck you call it.

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Asian Handicap is popular in Europe and Asia nowadays. You should avoid betting on these underdogs.

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NCAA Skips Gaming Workshop – CBS News

John McCain, R-Ariz., who as chairman of the Senate Commerce Committee held earings on the federal legislation, has said the move by Nevada regulators won’t stem the push for a betting ban bill.

2000 The Associated Press. That’s compared with an estimated illegal betting business around the nation of as much as $350 billion a year.

David Crane predicted the bill will move to the floor next year and easily win passage.

In a letter to the commission, Dempsey said he would meet with Nevada gaming regulators once they determine which proposals they will adopt.

“The NCAA opposes all forms of gambling on collegiate athletes and the games they play whether done legally in the sports books of Nevada or illegally elsewhere,” he wrote.

Bill Bible, of the Nevada Resort Association, testified in support of the proposals.

An aide to Sen. Nevada’s congressional delegation kept the betting ban legislation bottled up this year.. This material may not be published, broadcast, rewritten, or redistributed. This material may not be published, broadcast, rewritten, or redistributed

Another would prohibit gaming licensees from knowingly accepting wagers from athletes or coaches who participate in intercollegiate sports.

The NCAA and several high-profile college coaches maintain that Congress should outlaw all college sports betting to keep gamblers from influencing young athletes to throw games.

Sandoval said Nevada plays a key role in protecting the integrity of collegiate games by ensuring that the predatory influences associated with illegal bookmaking outside the state are not left to their own devices.

“This means that Nevada sports books account for less than 1 percent of the total amount wagered on sporting events annually in the United States,” he said.

“One of the big mysteries to me is how the NCAA remains convinced that the illegal sports wagering on college sports cannot be effectively addressed as long as the activity remains legal in Nevada,” he said. All Rights Reserved. All Rights Reserved. However, only three people testified Thursday at the hearing that lasted less than an hour.

NCAA officials skipped the Nevada gaming regulators’ workshop Thursday, passing up a chance to discuss proposals on increased oversight of the state’s legal bookmakers.

NCAA executive director Cedric Dempsey did not accept an invitation from Gaming Commission chairman Brian Sandoval to discuss proposals being considered to ward off federal legislation that would halt betting on college sports.

Nevada is the only state where legal wagering on college sports takes place, though the NCAA backs a move in Congress to outlaw it.

State gaming regulators are considering several self-regulating proposals, including banning illegal sports bettors from Nevada’s casinos by having them blacklisted.

Other proposals would remove the ban against betting on University of Nevada and UNLV games and reaffirm a wagering ban on Olympic and high schools sports.

“There is no evidence there is a linkage between legal and illegal gambling,” he told the commission.

2000 The Associated Press. “The time has come for an answer.”

Sandoval said betting on professional and amateur sports in the state’s 153 books totals about $2.5 billion a year. The purpose of the hearing was to obtain reaction from the gambling industry, the NCAA and others before the commission adopts new rules, Sandoval said

Negative Effects of Gambling

The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.

Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. The decision to gamble money is based on three parameters namely; how much to bet, the predictability of the event, and the conditions agreed upon, between the gamblers. Thus, gambling can have a grave economic impact which is difficult to reverse.

? Gambling can lead to criminal activities. Because of this, they land in worse situations and take the wrong decisions in life.

? Research has shown that gambling can lead to harmful behavior in people. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.

? The costs of treating compulsive gamblers are huge. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.

? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.

You could be at gunpoint or holding the gun. Some go that way to forget the sorrow of losing big sums when gambling.

? Problem gamblers and addicts tend to abuse their family members. This proves to be detrimental to their social and family life. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.

? Gambling has proven to be addictive. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. Their mental state can even lead to suicidal tendencies.

? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. It can drag you into crime, gambling isn’t fun.

? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.

? Gamblers often exhibit mood swings and a strangely secretive behavior. Six to eight million people in America are estimated to have a gambling problem.

? According to a study by the George State University, 50% of the problem gamblers commit crime. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.

? People continue gambling with the greed of winning money. The greed never ends and they keep betting more and more. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.

? Apart from absence at work and drop in efficiency, a common observation is that gamblers tend to steal money and engage in fraudulent behavior to recover from financial losses incurred when gambling, or to get more money to bet.

? They start borrowing money and take secret loans. It only leads to a thoughtless expenditure of money and valuables.

? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.

? The addiction to gambling can leave one in bankruptcy. Forget satisfaction or peace, it is not even refreshing in the real sense. They engage in gambling activities at the cost of their time with family and friends. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.

? As gambling leads to increased criminal activities, in a way, gamblers add to the burden on prisons and the legal system.

? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. According to the National Research Council, 10 to 17% of the children of problem gamblers have been abused and so have 25 to 50% of the partners of problems gamblers.

? Gambling at the cost of one’s job results in a decline in the quality of his professional life. Sports betting and arbitrage betting are the other types. The stress of risking huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. The skill of a gambler lies in weighing the three parameters and making a decision about what amount should be staked and how much should be expected in return.

Compulsive gambling leads to bankruptcy

? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.. The two go hand in hand. A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.

? Gambling is practiced as a means of recreation. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. It causes a decline in his/her work performance, thus hampering his career.

? A majority of those addicted to gambling have substance abuse disorders.

? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices. When they lose the money they had risked, they further gamble to recover the lost amount and it becomes a vicious circle even they can’t escape from.

? Children of parents who are problem gamblers or gambling addicts tend to feel abandoned and angry, further increasing stress and leading to strained family relations.

? The stress from gambling may lead to health issues like ulcers, stomach problems, muscle pains, headaches, and problems with sleep.

Gambling = Thoughtless Expenditure + Waste of Time

Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. In spite of the losses incurred, they continue betting. The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.

? Addiction to gambling has been linked with substance abuse. ? According to the University of New York, in people with alcohol use disorders, the chances of developing an addiction to gambling are 23 times higher.

? Additionally, rehabilitation and public assistance systems are taxed.

Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. It soon becomes a habit that can’t be broken.

Games offered in casinos, table games like poker, Red Dog, and Blackjack, as also electronic games like Slot Machine and Video Poker are some of the common types of gambling. Due to lost mental peace, they may ill-treat their spouse and children. The addiction has negative effects on one’s physical and mental health and it proves to be detrimental to one’s social, personal, and professional life. Rehabilitating the gambling addicts needs money and time, and the process is not very easy