Gambling Addiction
Gambling is an activity in which people place bets on the outcome of a game, contest, or uncertain event. The stakes in gambling are typically money, although items of value such as tickets to sporting events or cars can also be placed on the line. While many people view gambling as a harmless way to pass time or socialize, it can have serious consequences for those suffering from an addiction. It is estimated that more than 2.5 million U.S. adults have a gambling disorder. Those with severe gambling disorders can experience significant emotional, social, and occupational problems. They are more likely to live in poverty than those without a problem and to commit crimes such as fraud, embezzlement, or forgery. They are also at high risk for suicide.
The legal system treats gambling as a crime, and gamblers can be subject to fines, jail, or prison time. Misdemeanor gambling convictions may carry up to a year in county or local jail, while felonies usually result in a year or more in state or federal prison. In addition, the court can impose probation as a penalty for gambling-related offenses. Individuals on probation are required to refrain from gambling and to attend a treatment program for gambling addiction.
Research into the economic costs and benefits of gambling can be complicated. Benefit-cost analysis is influenced by the types of costs and benefits that are being assessed, such as tangible versus intangible economic transfers, direct and indirect effects, present and future values (i.e., discounting), and gains versus losses. In addition, the social and personal costs of pathological gambling are often difficult to quantify.
In the United States, most gambling is done in casinos and lotteries. However, the popularity of online gaming and video games that feature gambling elements means that people can gamble at any time and from almost anywhere. In addition, sports betting is now legal in 37 states and the District of Columbia and several countries around the world.
The biggest step in overcoming a gambling problem is admitting that you have one. Once you do that, there are a variety of resources available to help. It is important to get support from friends and family, as well as a professional. In addition to therapy, some people find relief from cravings through self-control strategies such as abstaining from gambling, practicing mindfulness, and addressing underlying issues. Other ways to relieve unpleasant feelings include exercising, spending time with non-gambling friends, or engaging in other hobbies. BetterHelp is an online counseling service that can connect you with licensed, accredited therapists for gambling and other issues. Take our assessment and get matched with a therapist in as little as 48 hours. Start coping with your problems today!