×

What Are the Effects of Gambling?

What Are the Effects of Gambling?

Gambling involves risking something of value for the chance to win something of greater value. It can occur in many different ways, including games of chance, horse racing, sports betting, scratch tickets and online poker. While gambling can have some positive impacts on people, it can also cause damage to health, relationships and financial stability. Problem gamblers often spend money that they should be saving or investing, and they can struggle to get back on track after a loss. Getting help can help overcome the effects of gambling, and it’s important to know what to look for.

Many people enjoy gambling as a social activity or for entertainment. It can provide an opportunity to interact with friends in a relaxed environment, develop new skills and improve decision-making. However, the negative impacts of gambling are often overlooked. Problem gambling can lead to family problems, debt and even suicide. It can also affect work performance and impact other people in the household, such as children.

There are some groups of people that are more likely to experience gambling problems than others. These include adolescents, veterans and aging adults, as well as members of the Asian and Latino communities. People who have experienced emotional trauma or abuse, have poor diet and exercise habits, or have a family history of substance abuse are also at risk of developing gambling problems.

If you or a loved one is struggling with gambling, it’s important to seek help as soon as possible. Talking with a professional counsellor can be helpful, as can reducing financial risk factors, such as using credit cards and borrowing money. Changing the way you think about gambling may also be useful. Ultimately, it’s important to replace gambling with healthier and more rewarding activities.

A common response to an addiction to gambling is denial. If someone thinks their habit isn’t causing harm, they might hide their spending or lie about how much time they spend gambling. They may also start to use gambling as an escape from worry, boredom or stress. It’s also important to remember that a gambler is at higher risk of suicidal thoughts than the general population.

The most obvious benefits of stepping away from gambling are improved financial health and an ability to make smarter decisions. For example, if you’ve been hiding rent/mortgage or food money to pay for a gambling habit, quitting can help reduce those pressures and build a savings account. Other benefits include improved mental health and an increased understanding of probability, statistics, risk and reward. In addition, some games like blackjack and poker can encourage teamwork, so it’s a good way to develop interpersonal skills. If you are interested in learning more, check out this resource. Alternatively, speak with your doctor or contact the Better Health Channel to find local referral resources for gambling counselors or intensive treatment programs. Lastly, remember that it is normal to relapse from time to time. However, if you keep trying to quit, you will eventually succeed.