Gambling is the act of betting something of value, often money, with consciousness of risk and hope of gain, on an uncertain event whose result may be determined by chance or accident, or have an unexpected result because of the bettor’s miscalculation. Gambling can also be a form of entertainment, socialization, or a way to relieve stress or tension. It is important to recognize the risks of gambling and seek help if you think you have a problem.
Whether you’re at the casino or playing online, there are some signs you could be in trouble with your gambling. Keeping an eye on these warning signs can help you stop gambling before it’s too late.
The most obvious type of harm associated with gambling is financial, but it can also affect your mental health and wellbeing. Gambling can cause problems if you bet more than you can afford to lose, borrow money to gamble or have other characteristics that put you at higher risk of gambling harms.
There are different types of harms associated with gambling and they can be observed at the personal, interpersonal or community/society level. Personal and interpersonal impacts tend to be invisible and involve costs/benefits that are not necessarily paid by the gamblers themselves. These include the effects on family members, the impact of gambling on employment and the costs of escalating gambling problems.
Community/society level external impacts are visible to everyone, but they are often not recognized as a result of gambling. These include social disruptions, crime and health/wellness impacts. Community/society levels also include costs/benefits related to gambling that are incurred by those who are not gamblers themselves, such as the cost of treating problem gambling and its impacts on the community.
While the introduction of casinos can generate a positive economic impact, it is also important to consider the negative impacts that can arise from gambling facilities. These negative impacts include the loss of jobs, increased expenditures on housing and services, and a decrease in business competitiveness. Negative environmental impacts also occur, including destruction of wetlands and increase in water and air pollution.
It’s not easy to quit gambling, but there are many ways you can get help and support. If you’re worried you’re gambling too much, speak to StepChange for free debt advice and support. You can also visit the National Gambling Helpline for advice and information.