The Easiest Way to Gamble Your Money Away Leveraged ETFs can be a seriously bad bet.
If your loved ones took away all your money you would find a way to gamble. Beg, borrow and in many cases steal. Gambling, for some, is as addictive as alcohol or substance abuse as it changes the pleasure chemicals in your brain. So just like alcohol or drug addiction you will need treatment to stop the addiction and you will always be susceptible to problem gambling in the future.
The longer you gamble, the lower your chance of walking away a winner. Statisticians have shown, for example, that if you spend all day playing roulette, you will walk away with an average of 5.26 percent less money than when you started. Likewise, an amateur blackjack player will lose between 10 and 20 percent on average over the course of many hands (source.
Find out a bit about the psychology of gambling, why people bet money and the reasons for gambling. Psychology of Gambling: Reasons for Gambling. Ok, so we all understand that gambling offers you the chance of winning money or prizes, but have you considered some of the other reasons for gambling? A look into the psychology of gambling offers insight into that question. Why Do People Gamble.
When you contact your bank, they'll take action straight away to protect your account so no more money can be taken. For example, they might cancel your cards or cheque book and send you a replacement. You should also report the crime to the police through Action Fraud. They'll log it and give you a crime reference number. Action Fraud Telephone: 0300 123 2040 Textphone: 0300 123 2050 Monday.
Tips for Protecting Your Money. Even if the person who gambles will not co-operate, you still have the right to protect your family’s money. Here are some ways to protect the family’s money from out-of control gambling: Throw away applications for credit cards or loans that come in the mail; Pay all bills yourself; Cancel any overdrafts on bank accounts; Set up a separate bank account.
Do Not Gamble Your Money Away On The Forex Market Posted on 2016-12-21 by Paul C. Fox in Business Loan. Forex, or the foreign exchange currency market, is a valuable market for those wishing to be a part of this exciting trading system. There is a lot of information out there about Forex, some of it is great and some of it does not make any sense at all. The following article will help you.
Make sure you stop any wage payments going into your joint account if you’re worried that your ex-partner won’t agree to you taking out this money. Second credit cards on your account If you have a credit card account and there’s a second card for your ex-partner, you will be responsible for paying for their spending as well as yours.