How To Bet Responsibly, If You Cannot Do Without
Early this month, the government through the Betting Control and Licensing Board banned advertising and gambling on all social media platforms, as well as outdoor advertising of gambling
It also banned advertising of gambling between 6 am and 10 pm and endorsement of gambling operations by celebrities.
Further, the board directed that any form of advertisement of gambling must be approved by the board and must contain a warning to the public of its consequences.
“The warning message must constitute a third of the actual advertisement and be of the same font,” part of the statement read.
The warning came as a result several cases of deaths and depressions caused by gambling, especially sports betting. The directives have since been quashed by the courts.
However, it is important to note that gambling has been there since time immemorial, with very few cases of such cases. Initially, betting or gambling was a form of leisure activity.
The current state where youngsters have converted it to an income generating activity has however changed things, resulting to the adverse negative effects.
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According to a 2018 study by Geopoll, Kenya has the highest number of gambling youth in Sub-Saharan Africa (SSA) and sports betting has become the most popular form of gambling.
It is estimated that by the year 2022, the global gambling market could be worth $635 billion (Ksh63.5 trillion) according to new findings by Dublin-based Research and Markets.
This means that gambling is not going to end soon, and the only way is to make it safe.
Can betting/gambling exist without the negative effects?
This has been a debatable questions for a long time, and the answer should be yes, if individuals take individual effort to make it safe.
First of all, it is important to note that gambling was meant for rich people. However, with time it has become an activity for all.
For the less privileged, gamble with what you can afford to lose. The reason people get depressed of commit suicide is because they lose amounts they cannot afford. For instance, some youths use money meant for school fees, while others place a bet using all their salary to get easy money. Unless the outcome of the bet is dependent on you, which it is not, you cannot bank on it.
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Also, avoid betting on regular basis. As earlier stated, betting should be a leisure activity, and leisure activities are never done on daily basis. Gamblig is addictive and makes one to place an extra bet to recover lost money, or place a bet to win extra money. If you lose move on, and if you win do not be greedy imagining that you will win again. You might be as lucky as before. Avoid addiction and stop emotional gambling.
Avoid addiction as much as possible, and if you feel that addiction is taking over you, stop gambling and find another leisure activity like sporting.
It is also important to bet/gamble with what is yours. Never in any given instance place a bet with borrowed money, it could be an impeding double loss for you. This could easily lead to depression or adverse effects on your life.