Do gamers make for good gamblers and vice versa?

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In 2016, an online guide to financial spread betting featured an article drawing striking similarities between the characteristics of successful investors andsuccessful gamblers. Both relied upon building an extensive knowledge of their fields, from which both crafted a range of disciplined strategies.They were extraordinarily adept at detecting trends that differentiated random events from emerging patterns, and both adopted a resilient, not reckless, approach to making losses that converted the latter into valuable information for future success, not merelyworthless setbacks. 

What happens when we compare skilled gamers with skilled gamblers? Are there similarities common to both? Could a gaming pro log in to the bestNJ online casino and make a handsome profit as if gambling were second nature? Let’s take a deeper dive into this issue.

While human beings have always been capable of playing since their appearance on the planet, it’s fair to say that gambling is a good deal older than gaming, at least if we mean the digitally-enabled version of the contemporary world. But can we make such a neat distinction? Absent the word “digital,” and gaming and gambling,somewhat surprisingly, start to resemble one another. 

Games are a form of a contest, from sporting events to board and card games, and the aim is to work out through mutual wagering and calculated chancing, resolve and resilience, who’s the “winner,” who’s the most dominant, the most successful. Seasoned gamblers reading this will recognize themselves very quickly in those words. Gaming and gambling are a good deal more symbiotic than one might at first assume.

There are even similar biological processes involved in both activities. The brain’s ‘reward’ circuitry produces neurotransmitters that we experience at a personal level as a sensation of pleasure. They get released when we sate our thirst with a refreshing drink or satisfy hunger with a delightful meal.

The same neurotransmitters get released when we win at gaming and gambling (a release that gets stronger the more uncertain the reward happens to be).

New generation computer-powered games have become increasingly sophisticated visually, but also psychologically and emotionally. Gamers are now immersed in games that feature micro-transactional techniques that allow them to stake money, which can be either in-game or real-world currencies, in their games depending on what items (e.g., weapons, powers, formidable characters, etc.) they’re seeking to win and pass on to the next level. 

It might be considered negligent of us to overlook a common charge, directed at gamblers and gamers alike. If powerful neurotransmittersactivating potently pleasurable reward circuitry in the brain are at work in both gaming and gambling, don’t both carry risks of addiction? 

The straightforward answer is a qualified “yes.” To be a successful gambler or gamer, the other vital ingredient has to be included in the mix: strong willpower, which means strong self-control, and the ability to set limits. Wine also activates these same neurotransmitters, for example, but very few people who enjoy a pleasing glass or two with their evening meal become alcoholics.

So, our conclusion is this.That successful gamers and successful gamblers share essential core characteristics and aptitudes, and by acquiring the peripheral skills specific to each activity, can readily change places with one another – from the game console to online casino and vice versa – with a realistic prospect of similar success.

 

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