A EuroMillions lottery draw on Friday night is set to create a world record breaking 100 millionaires in the UK, with an estimated jackpot of £105 million.
Lottery ticket sales are expected to soar to around three million per hour on the day of the draw, and the lottery’s organisers have cautioned players to get in early for their chance to become a millionaire overnight, according to the UK Press Association.
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The online gaming industry has experienced massive growth in recent years, as punters from across the globe look for more convenient ways of placing their bets.
A recent study found there has been a surge in online gaming in Australia over the past six years, with Australians spending an estimated $600 million on online gaming, according to Casino Times.
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Despite the negative connotations often associated with it, gambling can actually provide a multitude of benefits.
Perhaps most evidently, gambling can provide quite a thrill in itself, and the prospect of winning money is of course a bonus.
A visit to a casino can not only mean an opportunity to try your luck at winning some cash, it can also mean a fun night out. Many casinos provide customers with a vast array of live shows and other forms of live entertainment to make the gambling experience all the more exciting.
Another benefit of gambling is that it provides areas which host gaming businesses such as casinos with added tourism, which means a welcome boost to the local economy. Lavish casinos are often seen by people as an exciting holiday destination, and the more tourists visit the areas these casinos are located in, the more income for the local community.
Along with its benefits for the tourism industry, gambling also generates employment in these tourist destinations. The world’s biggest gambling destination, Las Vegas, attributes over 60 per cent of its city employment towards casino-based jobs alone.
A Yale University study found that gambling can even be good for your health. Their survey showed that recreational gamblers aged 65 and older reported being in better health than their peers who don’t gamble. And it’s not all that surprising – recreational gambling provides for an excellent opportunity to meet new people and socialise.
But to reap the benefits of the exciting world of gambling, punters need to stay in control of how much time and money they spend. Gambling responsibly will keep gambling enjoyable, and lower the risk of harm to you, your family and friends.
Here are some valuable tips on how to gamble responsibly:
Set yourself limits in both money and time
Do not “chase” your losses
Only gamble with money that you can afford to lose – if you win, then it’s a bonus
Have realistic expectations as to the likely outcome of your gambling – don’t gamble to win money to pay bills
When playing poker machines – only play one machine at a time
Keep a weekly inventory of your gambling, such as a bank account specifically to track your gambling
Do not use your or anyone else’s ATM card to access extra money to gamble
Do not drink alcohol while gambling