Gambling involves placing a bet or wager on an event with the intention of winning something else of value. There are many different forms of gambling, but the common elements are consideration, risk and a prize. Gambling is often associated with excitement and a desire to win big. However, the odds of winning are very low and people should consider these before betting their money. In fact, some people find themselves gambling more than they can afford to lose, and this leads to debts and other problems. The benefits of gambling include socialization, relaxation and the possibility of winning.
When a person is addicted to gambling, it can affect his or her work and personal life. In addition, the person may be secretive about his or her behavior and lie to family members. This can lead to strained relationships, and the individual may feel compelled to gamble even more in order to make up for lost money.
It can be difficult to recognize a problem with gambling, especially if it has been going on for a long time. A therapist can help individuals identify the causes of their gambling addiction and develop a treatment plan to overcome it. In some cases, treatment may involve inpatient or residential care.
Gambling can cause financial, labor and health impacts. These can manifest on the personal, interpersonal and society/community levels (Fig. 1). The financial impacts include changes in the financial situation of gamblers, such as increased or decreased debt and credit card balances. The labor impacts can include decreased productivity, job loss or changes in employment status and performance.
The health impacts of gambling can include stress, depression and a sense of guilt. These effects can be especially acute if the person is a woman. Women who are addicted to gambling can also become more depressed and anxious, which can affect their daily functioning and the quality of their relationships.
While the health risks of gambling are well documented, its economic impact is much less understood. Studies that concentrate on problem gambling only, ignoring the costs to non-problem gamblers and the benefits to society, present a biased view of its true cost. It is therefore important that a more comprehensive approach to the economic costs of gambling be taken.
The biggest step in overcoming gambling addiction is acknowledging that there is a problem. It takes tremendous courage and strength to admit that you have a gambling problem, but there is help available. BetterHelp is a free, online service that matches you with a licensed therapist who can help you get on the path to recovery. Get started today by taking our assessment and getting matched with a therapist in as little as 48 hours. It’s time to take control of your life and break the habit of gambling. You deserve a happier, healthier life. – By Sarah Walsh, BA
