The Benefits and Drawbacks of Gambling
Gambling online is a relatively new phenomenon, and many people are already catching on. The
benefits are many – convenience, increased revenue, and fewer risks. In this article, we’ll
explore the rise of online gambling, the effects of the pandemic, and the impact of lockdown.
Finally, we’ll explore the effects of gambling on society singapore betting online. So, what are the benefits and drawbacks
of gambling online? And, what can you expect from the gambling experience?
Increase in online gambling
The recent lockdown on Internet gambling has created a new subgroup of gamblers: those with
gambling problem. According to a study conducted by Brown and Hickman, 11% of the
population reported an increase in online gambling over the last year. Men under 30 years old
and full-time employees were most likely to report an increase, and betting on sports was the
largest growth area. While the social costs of gambling should not be understated, it is important
to remember that a decrease in online gambling does not necessarily mean that someone has
become a problem gambler.
Impact of lockdown on online gambling
An impact study published in the Journal of Gambling Studies found that 25% of the population
felt negatively affected by the lockdown. More specifically, 7 out of 10 individuals increased their
gambling activity and 68% lowered their expenditure on other products. This increase in
gambling activities was equally common in women and men between 18 and 34 years of age. It
is worth noting, however, that the effects of the lockdown are likely to continue after the initial
pandemic stress has passed.
Effects of pandemic on online gambling
The effects of the pandemic on online gambling were examined in two recent studies. The first
studied online gambling behavior during the COVID-19 land-based gambling restrictions, and
the second examined associations between online gambling and mental health, household
income, and symptoms of gambling problems. The present study employed a repeated online
survey of adult gamblers in Ontario, Canada. It was conducted in two waves, in April and August
2020, with respondents completing validated self-report questionnaires regarding depression,
anxiety, financial motivation, and the impact of the pandemic on gambling.
Convenience of online gambling
One of the most obvious benefits of online gambling is its convenience. Instead of traveling to a
land-based casino, you can play at one in your own home. Visiting Las Vegas can be costly and
time-consuming, and online casinos are often located near your home. Besides the convenience
of playing from home, online casinos also save you money on travel costs. In addition to the
ease of use, you’ll never miss a game again!
Impact of increased gambling on social life
We examined the impact of COVID-19 on gambling habits in the United States. We looked at 17
published papers, including seven peer-reviewed journal articles, three preprints, and one online
report. A detailed description of each study is given in Table 1, with findings summarized in
Table 2. These studies focused on gambling problems among adolescents and adults in middle-
income and western countries. Half of the studies used a sample that was intended to represent
the general adult population. The remaining five studies used a weighted sample of people who
had certain demographic characteristics.