Young educated men are better at solving gambling problems, experts say
Gambling and addiction experts are concerned about the negative impact on gamblers after single-event betting became legal in Canada. Shauna Altrogue, director of gambling awareness programs at the Saskatchewan branch of the Canadian Mental Health Association, warned that young, highly educated men are far more vulnerable to problem gambling.
In August, the Canadian federal government decriminalized betting on individual sports events, a highly anticipated change. On top of that, Ontario, Canada’s most populous province, introduced its own online sports betting market for private operators, offering gamblers greater betting options and greater risk.
Mr. Altrog explained why young, educated men are much more at risk than the average person. In her words, anyone with a solid knowledge base and skills in sports may feel like they know more than the average person. She continues to say that these people will bet because they believe they have a pretty clear chance, which is concerning.
Shelley White, CEO of the Responsible Gambling Council, pointed out that sports betting carries certain risks because players have fantasies about control. Another factor is the blurring of judgment as bettors tend to use substances when drinking or betting. In addition, betting options are more likely to take risks, making them popular among younger populations.
Dom Luszczyszyn, an NHL expert who offers daily selection, odds, odds and betting advice, has developed his own model for betting. When it comes to sports betting, Mr. Luzczyny explained that he received a terrible order last year. He admitted that he once did not know how to stop, and that he believed it would eventually get better.
Jasmine Brown, a Saskatoon-based partner and bankruptcy trustee authorized by BDO Debt Solutions, noted that gambling-related bankruptcy filings are still rare. She said the Federal Bankruptcy and Bankruptcy Act specifically covers cases in which gambling has caused a cause for bankruptcy, in which case dismissal from bankruptcy can be denied, suspended or.
Dr. David Hodgins, director of the Addiction Behavior Institute at the University of Calgary, also recently talked about problem gambling and its effects on young people. He noted that the normalization of sports betting can harm young, emotionally sensitive minds, as over-marketing allows younger populations to conclude that sports betting is quite common and normal.
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