How Gambling affect your life

Gambling can affect you in many ways:

Finances

A financial crisis is often what brings a person to address their gambling. It’s also not uncommon for partners, friends or family members to tell us that they did not realise their loved one was experiencing gambling harms until there were serious financial consequences such as a court summons for non-payment of debt, or repossession action on their home. Financial problems can really mount up, and more quickly than you realise. Bills don’t get paid, credit cards are maxed out, debts accumulate – pay day loans look like a solution, but high interest rates make the situation worse. Borrowing or stealing from loved ones, businesses or employers also happens when people feel increasingly desperate. It may feel as though there is no chance of repaying your debts unless you carry on gambling – we hear from many people who feel completely trapped by their financial situation. Continuing to gamble will only make debts bigger – clearing debts gradually will take a while, but in reality it’s the only way to manage the problem.

  • Debt Accumulation: Gambling often leads to significant financial losses, particularly if it becomes an addiction. Individuals may use credit cards, take out loans, or even borrow money from friends or family to continue gambling, leading to mounting debt.
  • Savings Depletion: Problem gamblers often deplete their savings to fund gambling activities, leaving little to no financial cushion for emergencies.
  • Bankruptcy: In extreme cases, compulsive gambling can lead to bankruptcy when individuals cannot repay their debts.

Mental Health

If you gamble a lot yourself, you may have found the ‘high’ of anticipating ‘the big win’ to be very mentally involving and extremely exciting, perhaps better than the feelings you experience taking part in any other activity. You may also have found the devastation of losing to be a massive low, leading to feelings of despair.

This is especially the case when large amounts of money are being staked, increasing the potential for a massive ‘high’, but also makes the ‘low’ feel worse when it comes. Feelings of loss and despair following a gambling spree can lead to greater desires to gamble straight away in order to try and get back on a ‘high’. However, by continuing to gamble, any negative feelings will only get worse.

The impact of these highs and lows on your mental health can be significant. Studies show that brain chemistry and cell structure can be changed by this type of exposure. The system of ‘rewards’ in the brain can be affected: where previously you might have found pleasure in other activities such as food or sex, you may now find that these don’t hold so much appeal.

Relationships

Experiencing gambling harm can be very all-consuming, and as well as the effect on the gamblers themselves, it can have a devastating impact on their relationships with other people. Do you recognise any of the following?

These are signs that gambling is becoming a problem. Your friends and family may feel like you don’t care about them any more, if all of your time and attention is taken up with gambling. The emotional distance and tension this creates can be devastating in the long term. Lying, breaking promises and constantly missing important events can mean your loved ones lose trust in your relationships, and this is very hard to repair. Your loved ones may also start to feel guilty about the situation, especially if they do not realise that you are gambling – they may think that they are doing something to drive you away.

Gambling in a family can also have an effect on children – the impact of stress within the family unit and potential loss of relationship with a parent can have lasting consequences.

Work Performance

Harmful gambling affects us in our work performance in the following ways:

  • Reduced Productivity: Gambling addiction can lead to preoccupation with betting, making it difficult to focus on tasks and reducing overall work performance.
  • Absenteeism: Problem gamblers may miss work due to gambling binges, trips to casinos, or the psychological toll of their behavior.
  • Risk of Job Loss: Chronic gambling-related issues, such as reduced productivity or illegal activities like embezzling company funds to finance gambling, can lead to termination.
  • Strained Work Relationships: Coworkers and managers may grow frustrated with erratic behavior, lack of reliability, or unexplained absences.
  • Stalled Career Growth: Gambling can erode professional reputation, stalling promotions or career advancement.

Betfree Haven can help.

Talk to our Advisers for more information on our face to face, online and telephone support services, or join our forum and chatroom to share your experiences and speak to others in similar situations.

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