The Dangers of Gambling
Gambling involves wagering something of value (usually money) on an event that is uncertain and random, with the intent of winning something else of value. Examples of gambling include horse racing, video games, lotteries, bingo and keno. It is considered a form of entertainment and may be fun for some people, but it can also lead to serious problems. Some people become addicted to gambling and have trouble stopping. This addiction is known as pathological gambling or compulsive gambling.
Several factors have been associated with pathological gambling, including poor judgment, cognitive distortions and mental illness. Those who suffer from these problems can have difficulty identifying and responding to their own problem, which makes it difficult for them to seek help.
Impulsiveness is another important factor in gambling. Research has shown that gamblers tend to display a high level of behavioral disinhibition, characterized by increased sensation-and novelty-seeking, reduced impulse control, and arousal. This explains why some gambling behavior has been described as “reckless.” In addition, research has shown that gambling is often a social activity, implying that it is influenced by peer groups and the community at large.
For some, gambling can be an enjoyable pastime if it is done for the right reasons and within safe limits. In order to play safely, it is important to know the odds of winning and losing, and to use sound betting strategies. In addition, it is always wise to be aware of how much you can afford to lose and to not use money that is intended for other purposes. This can help prevent a person from taking on too much risk and becoming a victim of predatory lenders.
Many people engage in gambling for coping reasons – for example, because they feel bored or lonely, or after a stressful day at work or after an argument with a loved one. It is important to find healthy ways to cope with unpleasant feelings, such as exercising, spending time with friends who do not gamble, or practicing relaxation techniques.
If a friend or family member has a problem with gambling, it is important to offer them support. This can be done through encouraging them to seek professional treatment for their condition and by educating yourself about the effective treatments available. It is also helpful to familiarize yourself with local resources and services for those struggling with gambling addiction.
A good place to start is with the CUCRC and CAPS. The CUCRC provides a variety of community and support for students, staff and faculty, including a wide range of recovery resources related to gambling addiction. Students and staff can schedule a screening appointment or drop in during a Let’s Talk session to discuss their relationship with gambling. Additionally, they can access virtual counseling and psychiatry through AcademicLiveCare, the free online platform that allows all CU Boulder students, staff and faculty to make a telehealth appointment with a counselor or psychiatrist from anywhere. The service is open 24 hours a day, seven days a week.