The Effects of Gambling

Gambling is when people risk money or something of value in a game that involves chance, such as betting on a football match or buying a scratchcard. They then make a decision based on a ‘odds’ set by the gambling company, such as 5/1 or 2/1, which determine how much they could win. If they predict the outcome correctly, they win the amount they bet. If they don’t, they lose the money or item they placed the bet with.

The effects of gambling can be negative or positive, and they affect individuals, their significant others and society/community. Impacts are also categorized by their severity and duration.

Some people gamble to feel better about themselves, and this is called ‘ego-gratification’. Others do it to relieve unpleasant feelings, such as loneliness or boredom, or to escape stressful situations. It’s important to remember that there are healthier ways to deal with these feelings. For example, you can spend time with friends who don’t gamble, practice relaxation techniques or try out a new hobby.

Some people get into trouble with gambling because they have a problem with impulsivity, which means they don’t always think things through. They may also find it difficult to control their spending, and they might hide their gambling activity from family and friends. If you have a loved one who has a gambling problem, you can help by encouraging them to seek treatment and showing support. Getting help can also give you a better understanding of your loved one’s behaviour, and this can prevent you from reacting negatively to their gambling activities.