Gambling has many external and internal effects, which manifest in varying degrees on the individual, the interpersonal relationships, and the community or society. These effects can be short-term and long-term, affecting the lives of individuals and entire generations. These effects include the resulting changes in the financial situation, reduced performance, and job loss, as well as social, psychological, and health effects. Despite the many positive effects of gambling, the effects of gambling are still poorly understood.
Gambling activities are widespread across the world, with over $10 trillion in legal wagers every year. The largest form of gambling worldwide is lotteries. The number of state-licensed lotteries has increased dramatically since the early 20th century. In addition to lotteries, organized football pools are found in almost every European country, many South American countries, and a few African and Asian nations. Many countries also offer state-licensed betting on other sporting events.
Gambling disorders are common in society and may run in families. Social inequality and trauma may also increase the risk of developing the disorder. Symptoms of this disorder may begin as early as adolescence and extend into adulthood. Men are more likely than women to develop this problem. Treatment for gambling disorders consists of various types of psychotherapy. These include cognitive behavioral therapy, psychodynamic therapy, family therapy, and group therapy.
The effects of gambling are often long term, even when the individual stops gambling. These effects can change the course of an individual’s life and may be passed on to subsequent generations. Fortunately, many states have gambling helplines. Additionally, there is a national helpline that can be reached at 1-800-662-HELP (4357). When a person is experiencing a gambling problem, it is important to seek help as early as possible. Further, avoiding gambling may help avoid the negative consequences of gambling and keep one’s mental state strong.
