Problem gambling is a disorder characterized by an inability to control one’s impulses. Ultimately, this disorder can lead to depression and may even lead to suicide. It is an impulse-control disorder and can have severe consequences on a person’s financial situation. Luckily, there are ways to stop yourself from becoming a statistic. If you or a loved one is suffering from gambling addiction, get help now! There are several organisations that offer support and counseling for gambling addicts, as well as resources for family members of those affected.
Problem gambling is a form of impulse-control disorder
Though initially recognized as an impulse-control disorder, problem gambling is now classified as a medical disorder by the American Psychiatric Association. Although most people enjoy gambling as a form of entertainment, it can have devastating consequences for those who are affected. Despite the dangers of problem gambling, most people don’t realize they’re at risk. Here are some of the signs and symptoms that may indicate that you might have this condition.
It can lead to depression
Although gambling is a great source of entertainment, it can also be dangerous to your health, as it can increase the risk of depression and anxiety. If you are suffering from a gambling problem, it’s important to seek professional help. In addition to financial help, you may want to find a support group or seek professional advice. Fortunately, there are many resources available that can help you stop gambling for good. Below are three things you should know about gambling and depression.
It can lead to suicide
The risk of suicide increases with gambling addiction. In fact, a study of 2,000 people from EAC countries revealed that forty per cent had thought about suicide at some point and thirty-three per cent had attempted suicide after deciding to quit gambling. People who engage in problem gambling were three times as likely to commit suicide than those who did not have the condition. A third study, by Karlsson and Hakansson, found that gambling addiction could lead to up to fifteen times as many suicide attempts as a person with no problem with their mental health.
It can affect your finances
One of the most common side effects of gambling is the accumulation of debt. While debt from gambling is not prohibited in bankruptcy, it is not discharged if you have an uncontrollable habit of gambling. If your gambling debt is substantial, the trustee may rule that it was accumulated without any intention of paying it back. In addition to the hassles of repaying your creditors, bankruptcy will ruin your credit report for seven to ten years.
It can affect your well-being
For some, gambling is a fun social activity. The thrill of winning a large jackpot can change your life. You can dress up for a night out and sip martinis while you gamble. If you win big, you can make a huge financial impact and change your lifestyle. However, if gambling becomes a habit, it may threaten your well-being. You need to know the warning signs of gambling addiction before it takes over your life.