Aug 02, · Slideshow How Your Bad Habits Can Affect Your Health; Slideshow Best and Worst Salads; Gambling and Your Genes. By Mike Fillon. From the WebMD . Although there's no sure way to avoid an IRS audit, these 17 red flags could increase your chances of drawing unwanted attention from the IRS. Art Deco Fashion, Burlesque and Gambling at the Hollywood American Legion. Burlesque and Gambling at the Hollywood American Legion. Begin Slideshow.
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Continued The researchers also speculate that part of the link between problem gambling and alcohol dependence may be related to the fact that these two addictions feed off each other. Most of the time, gambling addiction treatment takes place either through social support groups such as Gamblers Anonymous and outpatient therapy or in an inpatient facility. Most of the presentations and slideshows on PowerShow. If you are in a situation that is causing you to wish you could gamble, change the situation. Gambling is not all fun and games. They also found a strong genetic component for alcohol dependence and a link between alcohol dependence and problem gambling. Gambling addicts are driven by their partners behaviors.
GAMBLING ADDICTION - PowerPoint PPT Presentation
Frequent gambling could be a sign of a gambling addiction. It is estimated that gambling addiction affects somewhere between two to five percent of all American adults in some way. Many different risk factors can lead to a compulsive gambling addiction that is both difficult to cope with and equally difficult to overcome.
Gambling addiction can lead to job loss, family problems, loss of material possessions such as a house or car, health problems, problems with the law and much more. Fortunately, there is help and treatment has been derived from many different methods of counseling and therapy to assist those who have a compulsive gambling problem with overcoming their desire to gamble and learning how to control their behaviors.
What is Gambling Addiction? Gambling is not all fun and games. If it becomes compulsive, seek help to avoid serious consequences. Gambling addiction is characterized by a compulsive desire to gamble that is marked with an inability to control behaviors when gambling. Those who suffer from gambling addiction will continue to gamble either daily or possibly just on a binge despite negative financial, legal and social consequences. Despite a desire to quit, many compulsive gamblers are unable to control their actions without help.
The impulsive behaviors often get them into trouble and can lead to serious consequences. Problem gamblers often go unnoticed for many years before the signs of the addiction finally become evident even to close friends and family members. In fact, because many gambling addicts are able to control their behaviors the majority of the time, it could be very difficult to spot a gambling addiction unless you physically go with the gambler into a situation in which they are actually gambling, then you may quickly realize that they are out of control.
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One answer may lie in our genes, according to two new studies focusing on compulsive gambling. What's more, she says, "some of these genetic factors appear to be the same as those that increase the probability of developing alcohol dependence.
For this reason, some classify gambling as an addictive disorder, like alcohol and drug abuse. Gambling is considered pathological when it seriously disrupts the gambler's life. The problem is thought to affect somewhere between 1. Much more is known about the causes of alcoholism then of gambling problems. This suggests there may be a common vulnerability underlying problem gambling and other addictive disorders such as alcoholism.
VETS is a group of more than 8, members of sets of male twins, some identical and some fraternal, all of whom served in the U. Symptoms of problem gambling were evaluated only among those participants who had ever gambled, bet, bought a lottery ticket, or who used a slot machine 25 or more times in a year.
Based on the answers over the phone, and using several evaluation tools to filter out the effects of the twins' shared environments and other factors, researchers found that the risk of problem gambling had a strong genetic component. They also found a strong genetic component for alcohol dependence and a link between alcohol dependence and problem gambling. Continued The researchers also speculate that part of the link between problem gambling and alcohol dependence may be related to the fact that these two addictions feed off each other.
They note that many gambling facilities provide free alcohol to customers, and that studies have shown many problem gamblers drink while gambling.
While browsing various internet bulletin boards I repeatedly come across confusion about what happens at expiry or expiration as our US cousins call it and what and when witching is. Researching the subject only confirmed my view that there is much confusion about the process. The term 'witching' seems to have been coined as a result of the confusion and complication of expiry as well as the volatility of the underlying market that expiry causes.
Black magic seems to describe the expiry process, hence witching. Triple witching and more recently quadruple witching are more powerful manifestations in the expiry cauldron. Witching describes US index expiry. This takes place on the third Friday of the expiration month. So April expiry takes place on the third Friday of April.
On quarterly futures expiry months March, June, September, and December all these option types expire in the same way but in serial months the other eight months the process is different.
It is therefore important to know which type of options you are trading. With the underlying market, you would know what product you are taking a position in but with the spread betters it is not so clear. Of the three main spread betting companies that trade options, IG Index quotes options on the cash index, while City Index and Cantor Index quote options on the futures.
Due to fair value the premium of the futures over cash the premiums of these options can be different for the same expiry month and strike price. Also, cash options are European exercise no early assignment whereas futures options are American-style exercise early assignment permitted. Spreadbetting companies do not pass on early exercise and shield the trader from this risk. Expiry of these options involves the Special Opening Quotation SOQ which takes the first trade of each stock in the index and compiles a special value of the index from these first trades.