Four Things to Keep in Mind When Gambling

Gambling

Gambling is an activity that involves wagering something of value on a chance event. It has a variety of negative effects. It can cause problems such as credit debt and strained or broken relationships. However, if used responsibly, gambling can be a fun and enjoyable pastime that provides entertainment and financial benefits.

Some people gamble for social reasons, such as with a group of friends, while others gamble to win money. Regardless of the reason, there are four things to keep in mind when gambling:

The first thing to do is to take control of your finances. Get rid of credit cards, have someone else in charge of your money, close online betting accounts and only carry a small amount of cash with you. If you can’t stop gambling, ask for help. Many organisations offer support for those with a gambling problem, including self-help groups such as Gamblers Anonymous.

Another disadvantage of gambling is that it can be addictive. Those who gamble compulsively are at risk of developing gambling disorder, as defined in the Diagnostic and Statistical Manual of Mental Disorders (DSM). Like any addiction, it is often hard for a person to recognise that they have a problem and may deny it.

The best way to combat the urge to gamble is to postpone it for a while. Alternatively, try exercising, reading a book, calling a friend or going to a support group such as Gamblers Anonymous. If you’re concerned about a loved one who has a gambling problem, talk to them about it.