Why People Gamble Essay - 1643 Words

Why People Gamble For centuries, people have indulged in different types of gambling: poker, horse races, bingo, lottery, and slot machines. Gambling has seduced any and almost everyone between the ages of sixteen and ninety years old. Before turning eighteen, the legal age of casino and horse race admittance, those younger make monetary bets on football and high school stunts. Gambling is even more prevalent today than it was yesterday with the added attraction of on-line casinos, offering jackpot equivalent to twenty years salary in exchange for a credit card / debit card number. Gambling was suppressed in the 1920s as a result of Prohibition and because of this will forever lure people into its taboo trap. Gambling as sport is†¦show more content†¦Casino games create a different sensation. Whether it be cards, slots, or dice games after being seated in front of it for an hour or two there will generally be a win, some kind of win. Usually that win is small. It serves the person, or the bra in, with a sort of reward. The reward entices the person to want to continue their game so to get another reward (7). The basis for this affirmative award is biological. Research done at the Massachusetts General Hospital has showed similar brain activity induced by prize money to food and drug rewards. The scientists measuring this brain activity compared it with giving a cocaine addict an infusion of cocaine. (2) An experiment was set up wherein the brain activity of the subjects was measured while they gambled. Each subject was offered one of three spinners: a good spinner offered them a chance to earn $10, $2.50, or nothing; an intermediate spinner offered $2.50, $0, or -$1.50; and a bad spinner let them win nothing or lose, -$1.50 or -$6. (3) The brain activity was measured with a high-field functional magnetic resonance imaging, otherwise known as an fMRI, while they were spinning for six seconds and after then after they had spun. The results showed that the brain activity proved to be strong, moderate, and low in accordance with the level of spinning - good, intermediate and bad. The proport ions always demonstrated the expected brain activity. The scientists performing thisShow MoreRelated Gambling in the United States Essay570 Words   |  3 Pagesbecause people are addicted? There are two types of gambling: Compulsive Gambling and pathological gambling. Compulsive Gambling is when people have a hard time resisting to gamble. Pathological Gambling is when there is a need to gamble for money or for large amounts of money. Also people don’t know when to quit when they are pathological gamblers. Both types of gambling have major side effects, and can both lead to serious gambling problems.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Studies show that 82% of people gambleRead MoreSocial Penetration Theory Of Interpersonal Relationships1348 Words   |  6 Pagesits own right. Both theories describe interpersonal communication tendencies in a variety of settings. In the case of one of my own relationships, the social penetration theory and cost-benefit theory help explain how the relationship developed and why it did not survive the transition to college. The social penetration theory describes how relationships vary over time and explains the varying strengths of interpersonal relationships. This theory, developed by Irwin Altman and Dalmas Taylor, describesRead MoreGambling Should be Legalized.1571 Words   |  7 Pagesbeen dated way back to 1492. People have been gambling in America ever since America was found. There are numerous underground cards clubs and casinos all over the country and in major cities. People gamble on everything: sports evens, dice, and cards. Even though people gamble every day in the United States, it is still illegal. People do gamble everyday, so why is it not legal. Gambling should be legalized. There are tons of ways to gamble. Anybody can pretty much gamble or make a bet on anythingRead MoreProduct Market Analysis : Procter And Gamble Essay1089 Words   |  5 PagesProduct-Market Analysis Procter and Gamble heritage began back in 1837 and has brought forth many brands over the years to make the consumers happy. Procter and Gamble Company have five segments under Global Business Unit (GBU): Health Care (Family, Baby, and Feminine), Beauty, Grooming and Home Care. The GBUs have a responsibility for developing the overall brand strategy and innovations with new product and upgrades, along with marketing plans. Proctor and Gamble customers include merchandisers suchRead MoreThe States Policy On Gambling1416 Words   |  6 Pagesat a game of chance for money or other stakes†. When people hear the word gambling, casinos, lotteries, and online gambling websites are what is most often thought of, however, these are not the only types of gambling. 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Gambling amongst youths has increased tremendously, with technology playing a major role by allowing youths to gamble anywhereRead MoreProctor and Gamble786 Words   |  4 PagesProctor and Gamble (DRAFT) Case Discussion Questions What strategy was Proctor and Gamble pursuing when it first entered foreign markets in the period up until the 1980’s? †¢ In 1915 opened a plant in Canada to produce Ivory Soap and Crisco †¢ In the 1970’s PG entered Japan and other Asian Nations. †¢ Strategy- PG entered a nation by acquiring an established competitor and its brands. i.e. case of Great Britain and Japan. †¢ Strategy- the Company developed new products in Cincinnati and then