Online Gambling Debts – How to Deal With the Causes and Effects of Online Gambling Debts

One thing there is no shortage of on the internet is opportunities to gamble. We are spoilt for choice, whether your fancy is for betting on sports, playing virtual card games or bingo. One of the things that makes internet gambling so potentially dangerous is that it is easily available for 24 hours a day. The real danger comes when you combine this factor with the fact that it is so easy to feel detached from the reality of money spent online. Gradually racking up a debt online does not feel the same as handing over hard earned cash from our wallet, so it is that much easier to lose track of how your online spending is mounting up.

For these reasons, debt problems from internet gambling are on the increase. In this article I hope to clarify some of the legal issues around online gambling, as well as providing some advice on dealing with the underlying problem and the debts that result from it.

Legal Issues Around Gambling Debts

When we talk about debt from online gambling it is important to be clear about the nature of the debt, because who the money is owed to does make a difference. People are often unsure about the legality of debts from online gambling. In the UK you can gamble legally on credit and incur a debt, but this debt is not then enforceable through the law.

However, there is an important point to make here, which is that this only applies when you are using credit extended by the company offering the gambling (casino, bookie, etc). If you use a credit card company to pay for internet gambling, that is a legally enforceable debt the same as it would be in any other circumstance, because you have borrowed money from the credit card company, not the casino. It is now against the law in the US to use a credit card to pay for online gambling.

You will find that many credit cards will regard a payment to an internet gambling website as a cash advance. This is then clearly borrowing money from the card company and the debt you incur can be pursued through legal action. If you do use a credit card to pay for online gambling this way, you should be aware that cash advances on credit cards are almost always charged at a much higher rate of interest than normal credit for purchases.

How To Deal With Debts Caused By Gambling

In dealing with gambling debts, there are two separate issues to tackle. One is the debt itself, and the other is the habit of gambling that led to the debt. Even if the debt is dealt with, it is likely to build up again if the root cause is not tackled too. Let us first consider the problem of paying off the debt.

The principles for tackling debt are nearly always the same, irrespective of the causes of the debt. To permanently deal with debt you should not be considering borrowing more money or paying anyone to deal with your debt for you. These courses of action are likely to deepen your debt in the long run.

With a little advice, you can deal with your debts yourself, by contacting your creditors and agreeing terms for repayment that you can afford. There is clearly more to it than that, but it is beyond the scope of this particular article. The process is straightforward and allows you to take back control of your finances.

Factors Leading To Internet Gambling Debts

It may help to have an understanding of why some people can become addicted to online gambling. The following are often contributory factors:

Gambling can be thrilling, leading to an adrenalin rush and feelings that we want to recreate time and again.

Many addictive gamblers think that they can win money and that this will solve all their other problems. It actually just leads to more problems by creating debt, which can then make it seem even more important to win the money, creating a vicious circle.

Addiction to gambling can actually be a mental disorder, which can lead to a compulsive need to gamble.

Being addicted to online gambling is often associated with other personal difficulties, including depression and stress.

Online Gambling Debts – The Warning Signs You may have a problem if you can answer yes to any of the following questions:

When you are not gambling, do you think about gambling and how you are going to get back to it?

Have you ever missed work because of online gambling?

Do you feel the need to gamble again after winning or losing?

Is the length of time you spend on gambling getting longer and have you ever spent longer online than you thought you had?

Are you secretive about your gambling with family or friends and do you dislike other people bringing it up?

Practical Steps To Tackle Online Gambling Addiction If you think you may have a problem with online gambling, here are a few simple steps you can take to begin to reduce or stop the habit:

Be open with friends and family and seek help with the problem.

Cancel any accounts you have with websites for online gambling.

Consider using software that blocks your access to online gambling websites.

Keep a proper, ongoing record of everything you spend – take steps to bring home the fact that the money you are using is real.

Overview of Golden Riviera Casino

Basic Introduction
Golden Riviera brings to you the elegance from the Riviera combined with the excitement of online gaming. This casino is part in the Vegas Partner Lounge and is licensed by the Kahnawake Gaming Commission.

Players coming from the United states states are unfortunately not allowed to play. This casino is available in five other languages other than The english language – Spanish, French, Italian, German, and Japanese.

Golden Riviera is actually a high-security casino, employing the most up-to-date internet security measures to guarantee all of transactions and players’ personal information is safe. The casino uses a SSL4 protocol by Microsoft using 128-bit file encryption and firewall software technologies to create a totally risk-free gaming setting. This casino also has the eCOGRA certificate for safety and fair play. All payout rates in the casino are reviewed by independent auditors, and the casino also has a stringent underage gambling plan which makes certain only players over the age of 18 years play the online games available.
Together with security, another place where Golden Riviera scores high is customer support, with a devoted and effective customer care staff available 24×7 and accessible through e-mail, telephone, as well as live chat.

Software and Online games
Golden Riviera uses the best software package in the industry – Viper from Microgaming. The software is available for download, but you may also play the games straight from your web browser using the Flash Casino.

In regards to the games, Golden Riviera provides you with more than Four hundred diverse games, including 20 progressive jackpots. This on line casino is a dreamland for slots enthusiasts, just because a majority of the games available are slots. The games available include things like in excess of 100 table games (such as blackjack, roulette, poker, Casino War, Red Dog, Vegas Craps, Baccarat, and Poker Ride), slots ( more than 300 ), and video and power poker (Fifty-seven different games).

Bonuses
Golden Riviera presents new players a 100% match bonus up to $125 for their initial deposit. This casino also offers the Golden-High Roller match bonus, which is a 50% match bonus for just a minimum deposit of $1,000.

The casino also provides bonuses to existing players, a good example of that is the ongoing bonus, that allows them to an additional benefit as high as 15% on each and every deposit they generate. Another promotion available at this casino is the Free Play promo, that gives you $2500 free to play with, with a 60 minute time limit.

Other promotions would be the opportunity to take part in weekly slots tournaments with Golden Riviera plus the Casino Treasure Cruise. Furthermore, there is also the opportunity to acquire an alternative payment bonus for selecting an alternative payment choice to transact at the casino. The bonus percentage for this promo can vary depending on the payment alternative you choose.

Banking Options
The currencies employed at Golden Riviera are US Dollars ($), GBPs (£), Euros (€), Canadian Dollars (CAD), and Australian Dollars (AUD). The different options available for depositing revenue in to your account include financial institution transfers, wire transfers, NETeller, MoneyBookers, EcoCard, WebMoney, UseMyWallet, UseMyBank, UKash, EziPay, GiroPay (from NETeller), Click2Pay, ClickandBuy, PaySafeCard, Solo/Switch cards, credit cards ( Visa), EntroPay, and InstaDebit.

Throw The Dice On Online Gambling Sites

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