Gambling involves risking money or something of value on an event that relies on chance. It can be an exciting and fun way to pass the time, but it’s important to remember that gambling is a game of chance and that you always have a risk of losing.
Many people don’t realise that their gambling is a problem, and it can be even harder for those who have been hiding the issue for a long time. Problem gambling can have a negative impact on physical health, mental health and relationships, work and study performance and can leave people in serious debt or even homeless. It can also lead to self-harm and suicidal thoughts, and it is often a contributing factor in family violence.
People who have gambling problems are often unable to stop gambling, even when they know it is causing harm. They may lie to friends and family about their gambling, or miss events and social activities in favour of gambling, which can have a big impact on their relationships and cause a lot of stress. It’s important to talk to a friend or family member about how you’re feeling, as well as seek professional help.
The risk of gambling can be reduced by setting a budget for the amount you’re willing to spend and sticking to it, not using credit cards or taking out loans, and avoiding gambling venues as a social space. Identifying triggers and creating a support network can be helpful as well. It’s also a good idea to find healthy ways to cope with unpleasant feelings, such as exercising, spending time with non-gambling friends, or taking up a new hobby.
There are also a number of different treatments available for people with gambling disorders, including cognitive behavioral therapy and psychodynamic therapy. These therapies can help change the pathways in the brain that are associated with experiencing reward and excitement, allowing you to break the habit of gambling. Some treatment providers offer a combination of these therapies and other supports, such as family therapy, to address the social, financial and psychological consequences of gambling disorders.
It’s important to understand that gambling is not a reliable way to make money, and you can only win by making smart decisions and knowing your limits. When you’re gambling, start with a fixed amount of money that you can afford to lose and never chase your losses – this is known as the gambler’s fallacy and can lead to bigger losses than expected. It’s also important to avoid betting on sports events or buying scratchcards, as these can be considered gambling as well. Lastly, try to stay away from online gambling and other forms of electronic gambling. The best advice is to seek help as soon as you recognise a problem and take action to resolve it. The sooner you take action, the easier it will be to quit gambling for good.