Emotion Control When Online Casino GamblingBy: Joe Valentino, Friday October 23rd 2009
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Players in land-based casinos rarely display their emotions. While playing poker a display of emotions can be fatal. While playing other casino games display of emotions is not disadvantageous because the opponent is a device or a set of rules that cannot take advantage by ascertaining the player's situation. However even those who play roulette, craps or blackjack keep their emotions in control in land based casinos. Possibly the social environment is such that it compels players not to stand out in the crowd by losing control of themselves.
However, these restrictions do not apply in online gaming. Players are usually alone at home while engaging in Internet gambling or with few close friends and family. Hence jumping with joy on receiving a big payout is par for the course. After all one of the advantages of gambling online from home is that players do not have to confirm either in dress code or in behavior. Yet not being able to keep emotions under control can have undesirable consequences in online gambling.
Online casinos operate with much lower house edges primarily because they have lower costs. Therefore the average payout ratios should be much higher in online casinos and players should lose smaller amounts than in land-based casinos. Yet it is reported that players lose more quickly and larger amounts while playing online than while playing in land-based casinos. The reason is that a certain section of online players get emotional and are unable to stop gambling when they should.
Consider the case of a player who has just won a huge amount at an Internet casino. He whoopees and rings up friends to inform them of his good fortune. They congratulate him and cheer him on. In this euphoria he feels that it is his lucky day and nothing can go wrong. Therefore he continues to gamble online and very soon loses all that he has won and perhaps a lot more. The case of a player who has wagered more than he can afford to and lost is similar. He sweats and curses his luck and gets desperate to make good his losses before his family comes to know of the misfortune. Therefore he keeps on wagering and keeps on losing.
In both cases if the player had kept his emotions under control and let future actions be guided by rational thinking the outcome would probably have been different. Expressing joy at hitting a large payout is natural. But the player should not forget his overall betting plan. If he plans to keep his winnings aside he should immediately request for a withdrawal before starting the celebrations. In any event he should be focused enough to withdraw his original bankroll and then splurge with his winnings only. If a player loses more than he had intended to wager than the first thing that he should realize is chasing losses is the worst thing that he can do. This is possible only if he is not overcome with emotion and fear.
A player is not likely to win big or lose big every now and then. But he will be able to control his emotions when such a thing happens only if he is habituated to doing so. Therefore online players should make it a practice right from the start that they should keep their emotions in control and not let the emotions cloud their rational judgment. If they are unable to do that then they have already taken the first step towards falling in the trap of problem gambling.
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