Sports betting, the term here refers to placing a wager, which we commonly say bet on the outcome of a particular event. The gambling industry is one of the fastest-growing sectors worldwide. The gambling industry has a wide range, including horse-race gambling, certain card-games gambling, but sports betting being the most popular trend, despite legality issues.
- Due to competitive smartphone prices in the market
The number of smartphone users has reached over 760 million in 2021 in India. We spend one-third of our waking hours on the phone. Many sport betting sites have apps and websites that are convenient to use on smartphones. All the betting websites have to be located outside the country because India views betting as unlawful. The statistics of an Indian citizen who bet on sports is still rising.
- Cheaper internet
With cheaper internet, the betting industry has reached another level. People who were unaware of it are now becoming interested in betting due to 24*7 internet availability. During IPL season, betting websites ads could be found on any browser or social media, which puts ideas in our heads, especially teenagers.
- Digital Payment
The advancement of technology aids us in so many ways, in our day-to-day life, in education, careers, and almost all aspects of life. For example, digital payment, we take the recent event, in this pandemic digital payment has helped us avoiding contacts, but as we know, everything has some pros and cons. Digital Payment mode like UPI made it super easier for switching public from physical betting to online betting.
In 2016, a survey was conducted asking 121 psychiatrists to record the counts of pussy888 apk gambling addiction patients and observe the symptoms and effects of it in their personal life. As a result, 90.2% of the psychiatrist reported these main symptoms of it:
- Failing to control your gambling
- Gambling to feel better about your life
- Stealing money to gamble
- Lying about your gambling habit
- Taking bigger and bigger risk while gambling
They also observed how it affected their relationships, mental health, physical health, and how badly it has ruined teenagers’ careers. Gambling is unsafe in both terms financially and legally. However, I know many people use it as an escape from real problems, and there is no harm in having fun; gambling activities have few positive factors too like it relaxes and calms your mind, which erases all the worries from your mind. It might excite you initially, but it doesn’t take much time to build it as a habit and addiction.