The Dangers of Online Gambling
Online Gambling is a growing industry that allows people to place wagers on games, sports, and other events without leaving home. It is estimated to be a $9 billion business, and while many online gamblers enjoy the entertainment value of these websites, others have a more serious problem. Like other addictions, gambling disorder can cause financial, emotional and social problems, such as disrupted relationships or job loss. It also can lead to substance use and/or mental health problems.
According to the American Psychiatric Association’s diagnostic manual, gambling disorder is classified under the category of substance-related and addictive disorders. Those who struggle with this condition experience symptoms similar to those of other addictions, including difficulty controlling their spending, compulsive behaviors, and a sense of withdrawal when they try to stop gambling.
Financial Problems
Many online gamblers have financial problems that stem from excessive gaming or mismanaged funds. Those who spend more than they can afford may find themselves in debt and struggling to meet their basic needs, such as food and shelter. They may also resort to illegal activities, such as theft or fraud, to fund their gambling habit, which can have significant legal consequences.
Emotional Stress
The ups and downs of gambling can cause emotional stress, leading to feelings of anxiety and depression. People who struggle with gambling addiction can also isolate from friends and family, as they spend more time playing online and ignoring their responsibilities. However, when used mindfully, online gambling can be a relaxing hobby that offers a fun way to socialize and relieve stress.