On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.
? Gamblers often exhibit mood swings and a strangely secretive behavior. Some go that way to forget the sorrow of losing big sums when gambling.
Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. Sports betting and arbitrage betting are the other types. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.
? 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.
? 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.
? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.
Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. 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.
? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.
? Gambling at the cost of one’s job results in a decline in the quality of his professional life. 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.
? Gambling is practiced as a means of recreation. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.
? Problem gamblers and addicts tend to abuse their family members. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.
? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.
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. Six to eight million people in America are estimated to have a gambling problem.
? They start borrowing money and take secret loans. In spite of the losses incurred, they continue betting. 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.. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. This proves to be detrimental to their social and family life. It soon becomes a habit that can’t be broken.
? People continue gambling with the greed of winning money. The greed never ends and they keep betting more and more. Due to lost mental peace, they may ill-treat their spouse and children. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.
? 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.
? Research has shown that gambling can lead to harmful behavior in people. It causes a decline in his/her work performance, thus hampering his career.
Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. Forget satisfaction or peace, it is not even refreshing in the real sense. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.
? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.
? Gambling has proven to be addictive
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