Negative Effects of Gambling
The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.
? Research has shown that gambling can lead to harmful behavior in people. It can drag you into crime, gambling isn’t fun.
? Gambling can lead to criminal activities. Rehabilitating the gambling addicts needs money and time, and the process is not very easy. When they lose the money they had risked, they further gamble to recover the lost amount and it becomes a vicious circle even they can’t escape from.
? As gambling leads to increased criminal activities, in a way, gamblers add to the burden on prisons and the legal system.
? Problem gamblers and addicts tend to abuse their family members. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.
? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.
? People continue gambling with the greed of winning money. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.
? The addiction to gambling can leave one in bankruptcy. They engage in gambling activities at the cost of their time with family and friends. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.
? Gambling has proven to be addictive. Their mental state can even lead to suicidal tendencies.
Compulsive gambling leads to bankruptcy
Gambling = Thoughtless Expenditure + Waste of Time
? A majority of those addicted to gambling have substance abuse disorders.
? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices. Forget satisfaction or peace, it is not even refreshing in the real sense.
Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. The two go hand in hand. Because of this, they land in worse situations and take the wrong decisions in life.. It causes a decline in his/her work performance, thus hampering his career.
You could be at gunpoint or holding the gun. A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.
? According to the University of New York, in people with alcohol use disorders, the chances of developing an addiction to gambling are 23 times higher.
? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.
? Gamblers often exhibit mood swings and a strangely secretive behavior. A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. Thus, gambling can have a grave economic impact which is difficult to reverse.
Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. Due to lost mental peace, they may ill-treat their spouse and children. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. The addiction has negative effects on one’s physical and mental health and it proves to be detrimental to one’s social, personal, and professional life. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.
? Children of parents who are problem gamblers or gambling addicts tend to feel abandoned and angry, further increasing stress and leading to strained family relations.
? The stress from gambling may lead to health issues like ulcers, stomach problems, muscle pains, headaches, and problems with sleep.
? According to a study by the George State University, 50% of the problem gamblers commit crime. This proves to be detrimental to their social and family life. Some go that way to forget the sorrow of losing big sums when gambling.
? Apart from absence at work and drop in efficiency, a common observation is that gamblers tend to steal money and engage in fraudulent behavior to recover from financial losses incurred when gambling, or to get more money to bet.
? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.
? The costs of treating compulsive gamblers are huge. According to the National Research Council, 10 to 17% of the children of problem gamblers have been abused and so have 25 to 50% of the partners of problems gamblers.
? Additionally, rehabilitation and public assistance systems are taxed.
? They start borrowing money and take secret loans. It only leads to a thoughtless expenditure of money and valuables.
? Gambling at the cost of one’s job results in a decline in the quality of his professional life. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.
Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. It soon becomes a habit that can’t be broken.
? Addiction to gambling has been linked with substance abuse. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling. The skill of a gambler lies in weighing the three parameters and making a decision about what amount should be staked and how much should be expected in return.
? Gambling is practiced as a means of recreation. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. The stress of risking huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. The decision to gamble money is based on three parameters namely; how much to bet, the predictability of the event, and the conditions agreed upon, between the gamblers. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.
? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.
? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.
? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. The greed never ends and they keep betting more and more. In spite of the losses incurred, they continue betting. Six to eight million people in America are estimated to have a gambling problem.
Games offered in casinos, table games like poker, Red Dog, and Blackjack, as also electronic games like Slot Machine and Video Poker are some of the common types of gambling. Sports betting and arbitrage betting are the other types
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