COR160 Essential Academic Writing Skills- Online Betting
Definition of online betting
Answers
Online Betting
Introduction
Online betting is the general term, which is the term for gambling using the internet. It essentially covers a wide range of wagers on the outcomes of various events, which occur within larger events. An example could be betting on who will win a match of tennis, through to who will win the first set within the match of the tennis (Blaszczynski & Nower, 2002). What the events have in common is essentially the relative uncertainty of what would happen, what the outcome will occur. The internet has made ways of the new kinds of gambling to form online. Improvements in the technology have significantly changed on the betting habits just as the video lottery terminals, keno as well as the scratch cards, which has changed on the gambling industry in the early of the twentieth century (Griffiths, 2003). Gambling over the years has become one of the popular as well as lucrative business presently in the internet. According to the news highlighted by the commission of gambling in UK the gambling industry has achieved a turnover of more than eighty four billion euros (Blaszczynski & Nower, 2002). This essay will examine on the issues of online betting in Singapore. It will further, examine on the argument for and against the upholding of the government on the decision to allow the two lottery operators in Singapore to offer the online betting.
Issues for upholding the decision of the government to allow lottery operators to allow online betting
The Singapore decision to allow authorized operator to offer the online betting was a judgment call by the government. Given the current remote gambling landscape in Singapore, the government felt this was the best approach in order to be able to mitigate the driving remote for the betting activities underground as well as exacerbating the law and order (Bond, Jorm, Miller, Rodda, Reavley, Kelly & Kitchener, 2016). Moreover, the government is all aware of the negative social consequences off legalizing the two gambling platform but they will monitor regularly on the overall impact. Allowing exempt operator to operates to offer the online betting is the best policy but they will do so under stringent control and this will help contain the adverse effect of the social consequences (Griffiths & Parke, 2002). The aims also of allowing the operators to offer online betting was to reduce the number of addition cases of online gambling because of having this regulated regime. The government regulation are that the operators to keep their management as well as the operations of the remote services free from the influence of criminals and ensure that there was integrity of on all their operations as well as implement on the social safeguards and responsible betting measures (King, Delfabbro, Kaptsis & Zwaans, 2014). These are some of the social issues, which have risen because of allowing these operators to offer online gambling. Some of the safeguards included such as the self-exclusion options as well as checks in order to ensure those individuals who are opening the accounts do not have the exclusion orders of the casino (Griffiths, 2003). It is also ethically important for the operators to put systems as well as the controls in order to prevent all the activities of the money laundering and the counter of financing of the terrorism.
Arguments for upholding the government decision to allow the two lottery offer betting
The government having a managed space for the online betting allows them to provide a much safer alternative for those individuals who want to place bets online (Griffiths, 2003). Further, if the government had banned entirely the online gambling the move could have drove a remote underground black market of betting which could be hard to detect.
The move for the government legalizing gambling in Singapore has helped in support of an effort to help individuals who have the problem of gambling. what they are encouraging mostly over the past few years, is raising of the awareness in order to see many individuals could come forward in an effort who had previously did not realize they had the problems of gambling. These individuals have now realized they have a problem and they are coming forward in large numbers. There are also families as well as social groups who are coming forward with the same issues (Griffiths, 2003). This has been useful since it allows the government to address on the problems, which these people are facing, and how to deal with it.
The government upholding on their decision resulted from the fact that there Singapore was connected to internet to a great deal and people were having smart devices of all sort, therefore there was a high risk that many individuals would go online to gamble (Griffiths, 2003). This has been seen has been happening and that’s why the government decided to table a bill which is the Remote Gambling Act which has set of laws to govern the online betting so that these individuals do not engage with to criminal online gambling.
Arguments against upholding the government decision of allowing the lottery operator offer betting.
The government allowing the lottery operators to offer online betting could cause the young people to be drawn into the social gambling, since they will be able to place bets online and circumvent the traditional barriers as well as the stigma of betting over the counter (Hing, Nuske, Gainsbury & Russell, 2016). Without the presence of the social safeguards such as setting daily limit on the amount of fund, they could transfer their account many may misuse a lot of money they spend on the gambling. moreover, even setting on these limit on how much one could bet on is not enough since online betting could cause the young people to become addicted to gambling of which can occur for a lifetime (Eby, Mitchell, Gray, Provolt, Lorys, Fortune & Goodie, 2016). The legalization of the casinos in Singapore has led many families to be hooked on gambling and this has led to the rise in the criminal activities as well as individuals becoming bankrupt. Many of us could personally know of families as well as loved one who have fallen into the trap of the addiction of gambling (Griffiths & Parke, 2002). The pain can be very anguishing especially when they try to overcome it and sometime they may relapse as well as lie.
There have been many families who have been ruined, some parents have even tried to commit suicide, careers, and marriages have been destroyed (Leung, Leung, Gray & Gray, 2016). It is not worth sacrificing the future of the nation as well as the next generation for the financial gains of these companies. The best defense against the addiction of gambling is to prevent the gambling from the beginning.
Conclusion
In my view, the Singapore government decision to give the two lottery operators to offer online betting was not a good move and it was unethical. There are certain implications of allowing such exemptions due to the many problems, which will be caused by the ease availability of the online gambling. The very nature of the online betting will likely cause the young people to be addicted to gambling which could occur for the rest of their lives. The young will be drawn to the social gambling since there are no traditional barriers and the stigma of betting as there were previously. Although there are advantages of their moves especially to prevent the underground black market rising up as well as be able to monitor the activities of these companies through the stringent policies implemented, I think it will bring more social harm than the benefits. I advocate stopping legalizing of the online gambling in Singapore since it will cause many social issues rather than eradicating the problems, the government finds to be prevailing.
References
Blaszczynski, A., & Nower, L. (2002). A pathways model of problem and pathological gambling. Addiction, 97(5), 487-499.
Bond, K. S., Jorm, A. F., Miller, H. E., Rodda, S. N., Reavley, N. J., Kelly, C. M., & Kitchener, B. A. (2016). How a concerned family member, friend or member of the public can help someone with gambling problems: a Delphi consensus study. BMC psychology, 4(1), 6.
Eby, L. T., Mitchell, M. E., Gray, C. J., Provolt, L., Lorys, A., Fortune, E., & Goodie, A. S. (2016). Gambling-related problems across life domains: an exploratory study of non- treatment-seeking weekly gamblers. Community, Work & Family, 19(5), 604-620.
Gainsbury, S. M., Russell, A., Wood, R., Hing, N., & Blaszczynski, A. (2015). How risky is Internet gambling? A comparison of subgroups of Internet gamblers based on problem gambling status. New Media & Society, 17(6), 861-879.
Griffiths, M. (2003). Internet gambling: Issues concerns and recommedations. CyberPsychology & Behavior, 6(6), 557-568.
Griffiths, M. D & Parke, J. (2002). The social impact of internet gambling. Social Science Computer Review, 20(3), 312-320.
Hing, N., Nuske, E., Gainsbury, S. M., & Russell, A. M. (2016). Perceived stigma and self- stigma of problem gambling: perspectives of people with gambling problems. International Gambling Studies, 16(1), 31-48.
King, D. L., Delfabbro, P. H., Kaptsis, D., & Zwaans, T. (2014). Adolescent simulated gambling via digital and social media: An emerging problem. Computers in Human Behavior, 31, 305-313.
Leung, T. C. H., Leung, T. C. H., Gray, R., & Gray, R. (2016). Social responsibility disclosure in the international gambling industry: a research note. Meditari Accountancy Research, 24(1), 73-90.
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