Why Players Under 18 Can’t Gamble?
Gambling is allowed all over the world. However, there are restrictions to it. Age is one factor that prohibits minors from gambling. There are also laws that players must follow. In most countries, the permitted age is 18 and above. More strict countries only allow players to gamble at the age of 21. Let’s find out why are minors not allowed to gamble.
Why are children not allowed gambling?
This is because they cannot gamble legally; teens compound the financial risk of betting with the risk of getting caught. Teens are poor at judging risk and the consequences of their actions, particularly with alcohol and money.
A federal prohibition against sports betting was struck down by the Supreme Court, and in the wake of that decision, 14 states moved to legalize sports betting. Those new policies will then fall into place in the next two years. Children introduced to gambling by their parents can develop gambling problems as early as adolescence.
Is Adolescent and Teenage Gambling A Problem?
Yes. It turns out that the rate of gambling addiction in youngsters aged 14 to 19 years can be two to seven times even higher than in adults.
“Studies found that as many as 15% of youth have gaming problems,” says Mendez. “Kids and teens gamble, but in different ways than the adults. Youth gambling includes students placing bets on a football game or trying to sneak into a casino with friends.”
Casinos Handle Underage Gamblers
Casinos make sure that no kids under the legal age can enter the casino. So, they make sure that everyone who comes in, there is a system used to make sure that players are not young kids. This process includes submitting documents stating the date of birth and other indicators. Some underage kids turn to forge their parents’ credentials; however, casinos always ensure that they don’t get away with it.