Paper Topic:

Impact of a new computerized technology

Introduction

Inline with the growth of several businesses in the web is the internet gambling . Gambling online has grown so fast that it has now become a global problem . Worldwide for 2004 , estimates of online gambling revenues ranged from 7 billion to 10 billion , with U .S . bettors providing at least half of that amount - 4 billion or more (Stewart Gray , 2006 . Despite the massive campaign of governments against it internet gambling continues to grow . In US alone it is said that internet gambling among residents increases at a rate of more

than 20 percent a year (Stewart Gray , 2006 . While the greater majority of those who join in internet gambling do not experience problems , a certain percentage of individuals develop addiction problems with gambling . Studies have indicated that approximately 5 of the population experience current problems with gambling (Kossman , 2006 As a way to control the gambling addiction , some people developed the idea of eWallet (Levine , yyyy . Although the concept of eWallet varies from one application to another , in the field of gambling , it is a way to load a certain amount of bet money electronically to a computer program with certain controls as to the maximum losing or winning amount . It also allows the gambler to keep track of the amount of winnings or the amount lost

Statement of the Problem

This document aims to study the use of eWallets for gamblers . Although the method of study is not definite but more of exploratory , it will basically look into the important points raised by the article Gambling as a leisure : the need for protection (Levine , yyyy , as a basis for another look into this new technology . The final objective of this study would be to try to answer if eWallet 's , from its basic concept , are really effective in controlling the problems that would normally arise with gamblers

Analysis

Formation of the concept

According to Levine , that in gambling winners tends to become greedy into winning more (yyyy . Greed is called a HYPERLINK "http /en .wikipedia .org /wiki /Selfishness " \o "Selfishness " selfish HYPERLINK "http /en .wikipedia .org /wiki /Desire " \o "Desire " desire to obtain HYPERLINK "http /en .wikipedia .org /wiki /Money " \o "Money money , HYPERLINK "http /en .wikipedia .org /wiki /Wealth " \o "Wealth wealth , HYPERLINK "http /en .wikipedia .org /wiki /Food " \o "Food " food , material possessions or any other HYPERLINK "http /en .wikipedia .org /wiki /Entity " \o "Entity " entity more than one legitimately needs (Wikipedia , 2007 . So in gambling greed is when you focus all your attention in winning as much as you can without regard of the fun associated with gambling . For losers according to Levine , losers tend to play more in to gain back what they have lost (yyyy . This is termed as recoup which is to recover a portion or all of what was lost . Another factor is the loss of track due to the lack of a record of how much they have won or how much they have lost , until it becomes...

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