Over the past few years, cryptocurrency has skyrocketed in popularity, and many people are now using it as their main form of currency. However, there are huge risks associated with it, and as Elon Musk’s tweets continue to bring down Bitcoin, many have risked it all and lost it all.
Online gambling casinos and online poker houses also push users to play with cryptocurrency, even connecting to cryptocurrency exchanges to cash out earnings.
Is there a reason why so many people prefer to use cryptocurrency for online gambling, and what are the risks involved with crypto itself? The same high gamblers get from winning can also be applied to a hike in cryptocurrency values.
Tags: Gambling Addiction, Recovery, crypto trading, online gambling
While casinos love to create a fun, welcome atmosphere where everyone wins, there are tactics that casinos use which enable gamblers in their addiction.
In fact, casinos design their building layouts and game rooms to keep you there as long as possible, so that they can make more money off of your losses.
Here are a few ways that casinos enable your gambling habits.
Tags: Gambling Addiction, Treatment, Recovery
Gambling is often framed as being a harmless form of entertainment, whether it’s betting on sports, playing slot machines, or buying lottery tickets. The normalization and accessibility of gambling are greatly contributing to the rise in compulsive gambling.
Many compulsive gamblers know that it’s not a harmless hobby. In fact, gambling has serious effects on your mental health. One study found biopsychosocial effects caused by pathological gambling, leading to direct triggers and worsening depression, anxiety, obsessive disorders, and personality disorders.
Tags: Gambling Addiction, Treatment, Recovery
Craig Carton, host of WFAN’s radio show, “Hello, My Name is Craig,” recently attended Algamus to treat his compulsive gambling disorder. Over the weekend, he sat down with Algamus founder, Rick Benson, to discuss Rick’s past with gambling, and how he went on to start Algamus, one of the only gambling-specific treatment centers in America.
Listen to the audio recording of the interview here.
Tags: Gambling Addiction, Treatment, Recovery
Just like any addiction, a gambling addiction creeps up on a person gradually. What may start as harmless sports betting, may turn into an unhealthy obsession with gambling that leads to serious consequences.
With the rise of online gambling, problems with gambling addiction are even more hidden than ever before. If you have a gambling problem, those around you may not even realize it, since they don’t see you spending endless hours at the casino.
Tags: Gambling Addiction, Treatment, Recovery
As humans, it’s natural for us to have a competitive nature. However, this is not always healthy, especially in the case of recovery. When you are healing from a gambling disorder and the pain of the past, you may be feeling less confident which leads you to start comparing yourself and your recovery to that of others.
Remember that everyone progresses at their own pace, and you are not weaker or stronger than another person based on the speed of your recovery. There is also no rule that says that everyone has to recover in the same way.
Tactics that are helpful for you might not be helpful for someone else and vice versa. Here are a few simple tactics that we recommend trying out, but be patient with yourself as you do some trial and error to figure out what works for you.
Tags: Gambling Addiction, Recovery
At first glance, it may appear that attending a residential treatment center is too unrealistic, or too much of a commitment, so instead you opt for a different type of therapy such as Gamblers Anonymous or outpatient counseling.
Although attending a support group like Gamblers Anonymous can be beneficial, recovery success rates through only GA are very low at about 5%. Residential treatment centers offer a unique experience where individuals can dive deep into the recovery process, and the success rates are much higher, around 67%.
Tags: Gambling Addiction, Recovery, New Year
Craig Carton, radio personality at WFAN, a sports radio station in New York, speaks on air about struggling with a gambling addiction, and how attending Algamus Gambling Treatment Center helped him overcome his addiction. Listen to the full interview with Craig.
Tags: Gambling Addiction, Recovery, craig carton
At the start of every year, millions of people create resolutions in order to make a change to their lifestyle. Unfortunately, most of these people don’t end up sticking to their resolutions past February. When it comes to a gambling disorder, the resolution to stop gambling altogether may feel overwhelming and unattainable at times. Perhaps you’ve already tried and not succeeded, but what you need are some strategies that will actually help you maintain your goal to quit or cut back on gambling in 2021.
Tags: Gambling Addiction, Recovery, New Year
The holidays can be a difficult season to navigate if you are currently recovering from a gambling disorder, especially due to our current state of isolation. Here are some common relapse triggers and tips on how you can avoid them.
Tags: Gambling Addiction, Recovery, relapse