How Gambling Affects You and Your Family

gambling

Gambling is when you risk money or other things of value in a game of chance – whether it’s placing a bet on a football team, buying a scratchcard or playing online poker. You’re hoping to predict the outcome of the event or game – and win money if you’re right. It can also be a fun way to socialize with friends, but it’s important to know when it becomes problematic.

Gambling affects society at both the personal and societal levels. Financial impacts include gambling revenues and effects on tourism and other industries, while labor and health impacts can include changes in job performance, absenteeism, job losses or gains, and a decline in well-being. While studies have examined the positive and negative economic impacts of gambling, fewer have explored personal and interpersonal impacts.

When someone close to you develops a gambling problem, it can strain your relationships and cause stress. It’s important to remember that the person with a gambling addiction is not in control of their behaviour, but you can try to help them take back control by encouraging them to seek help. You can also protect yourself by limiting the amount of cash you give to them or putting valuables in a safe. You can also support them by managing family finances until the gambling is under control and helping them find new activities to enjoy.