Gambling is any form of wagering something of value (usually money) on an event with the potential to win a prize. It can be found at casinos, racetracks, sporting events and even online. Some gamblers are motivated by social interaction, while others are more concerned with winning money. Regardless of the motivation, gambling can lead to serious consequences for both gamblers and their significant others.
Often, the negative effects of gambling are underestimated or ignored, particularly those that are not financial in nature. These non-monetary impacts include social, psychological and family/emotional well-being, as well as health and mental wellbeing. These impacts can be felt at an individual, interpersonal or community/society level and can also be long-term. Despite the many challenges associated with measuring these types of impacts, it is important to acknowledge their existence and to take steps to address them.
A major problem with gambling is that it can become addictive, leading to harmful behaviours. These behaviours are often triggered by a range of factors, including the need to feel satisfied or reward, the desire to escape from problems and the belief that gambling is a way to change one’s situation. Some people may also have a predisposed genetic tendency towards thrill-seeking behaviours or impulsivity, which can further contribute to problem gambling.
When a person is addicted to gambling, they begin to lose control of their money and their life. This can have a devastating impact on their relationship with their family, friends and work. It is also possible for a person to develop serious health issues as a result of their addiction. The good news is that there are ways to help you break the gambling habit and live a better life.
Talking about your gambling with someone you trust who won’t judge you can be helpful. This could be a friend, family member or a professional counsellor. You can also try to reduce the risk factors in your gambling habits. For example, avoid using credit cards and only gamble with money that you can afford to lose. Also, find other recreational activities and hobbies that do not involve gambling.
If you are worried about a loved one’s gambling, it is important to remember that they did not choose to have a gambling addiction. They likely do not realise how it is affecting their life and are struggling to understand the issue themselves. Try to be patient and understanding and encourage them to seek support if needed.