Gambling is the risking of something of value, such as money or a prize, on an activity that involves chance in the hope of winning something else of value. It has been a part of every society since prerecorded history, and is often entwined in local customs and rites of passage. But, while gambling can provide moments of excitement and euphoria, it can also cause financial ruin and emotional devastation.
While the obvious examples of gambling are casino games and horse racing, it’s important to note that gambling occurs in many different ways. For example, sports betting, scratch tickets, online poker and DIY investing are all considered forms of gambling. Additionally, the rise in popularity of poker tournaments on television has made this form of gambling particularly popular.
Regardless of the type of gambling, all forms of gambling are dangerous because they can lead to addiction and even severe psychological distress. It is important to understand the risks and recognize when you or someone you know is suffering from problematic gambling behavior. Fortunately, there are several resources available to help you and your loved ones get the support you need.
There are a number of factors that can contribute to gambling problems, including the following:
It is important to realize that there are other ways to relieve unpleasant feelings in more healthy and productive ways, such as exercising, spending time with friends who don’t gamble, or practicing relaxation techniques. In addition, it’s essential to set boundaries when it comes to your finances. Make sure to get a handle on your credit cards, let someone else manage your money, and don’t use gambling as an excuse to spend more than you can afford to lose.
Whether you’re dealing with a family member who has a gambling problem or struggling with your own, it’s helpful to talk to a therapist about your concerns. BetterHelp offers a variety of licensed, accredited therapists to fit your needs, so you can find the right person to help you. Take the assessment and get matched with a therapist today!
Taking control of your finances and setting boundaries with friends can help prevent gambling problems. However, it’s also important to remember that not everyone has the ability to control their gambling. In fact, 2.5 million adults in the United States would meet the diagnostic criteria for a severe gambling disorder. In addition, 5-8 million people have mild to moderate gambling problems. This guide can help you understand the causes and symptoms of gambling disorders so you can better recognize them. It is also important to learn about the different treatments for gambling disorders so you can be prepared for when they occur.