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Author Topic: Gambling addiction does more harm than mere financial loss  (Read 2022 times)
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February 02, 2024, 01:14:58 AM
 #41

~snip~
Your all point is ok and i agree with your point. gambling addiction not only harm financially It affects children.  Children follow parents and his family members and want to learn from them so when someone gambles if there are children in his family it harms those children a lot and attracts them to gambling. And after losing gambling, the gambler suffers a lot due to which his mind is destroyed and at the same time he falls into a lot of mental breakdown which is very harmful to his body. Financial losses can be covered from other sources but other losses are not easily backed up

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February 02, 2024, 07:00:26 AM
 #42

your contributions are very much welcome as we learn together the many demerits of gambling addiction to inform both those currently addicted and intending addicts of the dangers of that irrational lifestyle.

Gambling addiction can cause these and so much more but we can't possibly blame it on gambling but the individual who has decided to gamble the wrong way. The base negative effects of addiction that one becomes irresponsible soon other follows as the individual would make sure he does everything possible to gamble.
A gambler that isn't responsible enough and displays theses negative behaviors in front of his kids would definitely have to see his kids grow up the wrong way. As it's said before train a child the way you should grow so when the grow the wild not depart from it.

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February 02, 2024, 07:06:59 AM
 #43

I agree with you on that, take note that you will lose money if you are an addict or not, surely you cannot win all the games you wager; gambling addiction makes you lose things more important than money. Gambling addiction makes you lose valuable relationships, either with you spouse, children or friends; only few people would not mind associating with an addict.

Irresponsible gambling will stop you from achieving your goals, you'll then set goals in gambling only, which is obviously folly. I always recommend professional help for gambling addicts, the therapy could help them heal from the addiction.

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February 02, 2024, 07:11:47 AM
 #44

Everything @OP mentioned is correct. But it is a mistake if someone uses gambling as a lifestyle. He will need more to be able to follow gambling as a lifestyle. When someone becomes a gambling addict, they will not be able to see other things that might be useful for their life.

They will fall deeper into gambling without being able to see if there is a way out or they will stay in gambling even longer. That's because gambling requires good self-control so that they don't fall into gambling. If they feel that gambling does not provide benefits, they should leave gambling.

There are still many other interesting things that they can use to get pleasure. Nowadays, amidst technological advances, the younger generation should be more creative in creating things that can benefit them. They don't need to gamble because they can waste their time being unproductive and no longer creative. And there are many more negative impacts of gambling addiction so the younger generation should be able to stay away from it.



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February 02, 2024, 07:29:10 AM
 #45

It seems like the rate of this gambling addiction is very alarming and many people are still yet to get involved becoming an addict.
I have never felt what it takes to be an addict but stating from OP point it is clear on the negative effect on gambling addiction. In as much gambling is interesting in making cool money by just prediction and assumption it could trigger some harmful practices and lead to financial instability.

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February 02, 2024, 07:44:44 AM
 #46

Gambling addiction can have a devastating effects beyond financial loss, the effects and challenges varies differently in individuals. It can lead to bankruptcy property loss, other desperate financial behaviours, But doesn't stop there, the impact extend to the addict's loved ones as well, children and dependant can be negatively influenced seeing gambling as a way of life, addiction can cause strained relationship with family and friends, lost of trust, increase in anxiety and legal issues in some cases e.g illegal gambling activities, unlicensed gambling and fraudulent behaviour to support the addition, financial crime. It's important to recognise the wide reaching consequences and the devastating effects of gambling addiction, as a gambler always gamble with caution and set limits to your gambling activities.
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February 02, 2024, 07:53:30 AM
 #47

Though gambling addiction may most likely going to affect the people around that person, may it be with friends or worse with family. If anyone could remember, someone posted here a few days ago about a father who left his children in the house for more than 5 hours because he was out gambling in a local casino. That's a serious sign of gambling addiction, he lost all his sanity risking the lives of his 2 year old children because gambling has consumed his senses as if it is the most important part of his life. However, that situation may not be the worst thing that could happen to an addicted gambler, sometimes it would come to a situation where a person would took his life when he found himself in a huge debt and repaying them might seem impossible due to his current condition.
Although what has been listed in the OP as negative effects of gambling addiction may not happen to each and every addicted person, but one thing is for sure, gambling addiction means a consistent and continued financial loss and that's where the negative effects begins. 
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February 02, 2024, 07:54:20 AM
 #48

Gambling addiction has been known to be associated with serious funds loss, bankruptcy, unsettled loan involvements, properties auctioning and other irritable financial behaviors that depicts frustration and desperations from the victims.
A little more observation shows clearly other effects of such addiction to just not the addict alone, but those around them, be it friends, family or neighbors. Here are a few of them:

Negative impression on children/ dependents: His addiction can corrupt the good intentions of the younger generation looking up to him for inspiration, they may grow up to see gambling as a way of life and follow the wrong footprints.

Decrease in overall productivity of individual: Addiction reduces the value that you add to wherever you are engaged career wise as you are mostly distracted with gambling thereby reducing your commitment and dedication to your duties, this might significantly reduce the overall company productivity and lead to job loss.

health Challenges: A gambling addict is always under pressure and tension and as such is prone to health challenges like high blood pressure, depression, and on the part of his people, they might be suffering from the psychological implications of his lifestyle which includes social stigma.

violence : most gambling addicts are prone to violent behaviors owing to anger issues from much losses and this might greatly affect his relationship with his immediate family and people around him who might start seeing him as a wild animal.

your contributions are very much welcome as we learn together the many demerits of gambling addiction to inform both those currently addicted and intending addicts of the dangers of that irrational lifestyle.

Everything written here is true and that is why the true gambling addiction can only be cured with professional help.A mere financial loss is already happening before the person has fallen in gambling addiction,for one person to become addicted it is needed for him to have quite some consecutive losing sessions.

The family is the one who feels the most heavy suffering from the addiction and the addicted person should be the one himself asking for help in order to save his family otherwise is a sure thing that with gambling addiction he will end up alone.

.
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February 02, 2024, 09:37:09 AM
 #49

Isn't addiction the mother of all reckless losses in gambling?.
Decrease in overall productivity of individual: Addiction reduces the value that you add to wherever you are engaged career wise as you are mostly distracted with gambling thereby reducing your commitment and dedication to your duties, this might significantly reduce the overall company productivity and lead to job loss.
  Addiction has a very strong distractive hold on its victims that they majority of the times involuntarily swing into actions and decisions that ordinarily they won't encourage themself into doing. It's for this reason that if I were to own a company today I won't employ a gambler into my group of employees as it can pose a threat to productivity scale and their gambling additive attitude can also contaminate the character of his colleagues at work to gamble just like him.

Yeah, am a gambler and am carefully not against anyone being a gambler but a couple of experience over the years informed my decision not to employ a gambler in any business enterprise or a company I am in charge.



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February 02, 2024, 09:43:49 AM
 #50

There are so many bad effects caused by gambling addiction, so the problem now is, is gambling that bad, let's say a beginner wants to gamble, and he will become a potential gambling addict, so I think it's better to give inspiration about responsible and smart gambling. Manage your finances to gamble. If you say only the bad things happen, that means you strictly forbid gambling

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February 02, 2024, 09:44:12 AM
 #51

It is a wonder how some adults who have no background in gambling found their way to addiction though.  It could be the newfound wealth also, they got filthy rich they don't know how to spend it.

Most times habits are learned through friends or colleagues who are into gambling, I remember  my roommate in higher institution who detested gambling with his last breadth, but when I won some encouraging sum of money back then and gave him some as my guy, it seemed like the funds I gave him glued him into gambling. Long story cut short, we were addicts at the same time. Addiction isn't a one day thing, its a gradual process and it happens when you begin to get more involved and comfortable with consistent, unplanned gambling. Gambling discipline is the only solution I have ever employed that mitigated my addiction till date.

All over the internet and all over the streets are evidences of the derogatory nature of gambling addiction, I wonder why people still allow themselves to be caught up by it, is it that we don't learn or do we only prefer to learn from experience? I think it's high time people learn from knowledge or other people's experience instead of waiting to be the victim before learning simple lessons that can secure their future.

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February 02, 2024, 10:14:42 AM
 #52

I think it's already been discussed many times in this forum and section. Many topics are about this concept, talking about the negative effects of gambling. Financial loss and gambling addiction are the same in the sense that you lose money, but the thing is, gambling addiction is the worst because even if a person doesn't have the means to keep on playing, they will keep finding ways to play without thinking about the consequences of gambling, and they will notice that they are deepening their suffering.

Many people or gamblers share their experiences in this forum about gambling, on how gambling ruin their lives or how it affects their daily lives. If you are a sane gambler, then you would know when to stop and limit yourself, but the sad part is gamblers are hoping and believing that gambling will be the one that could save them or could make them rich and prosper, which is a poor mind people could think.

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February 02, 2024, 10:39:03 AM
 #53

Negative impression on children/ dependents: His addiction can corrupt the good intentions of the younger generation looking up to him for inspiration, they may grow up to see gambling as a way of life and follow the wrong footprints.
Adults often don't realize this, and that's why we often see parents who forbid their children from smoking but they do it while smoking, so adults cannot forbid children from gambling while they gamble, especially if they are addicts unless they can be very responsible and when they can tell their children exactly the impact of gambling if it is not done responsibly

violence : most gambling addicts are prone to violent behaviors owing to anger issues from much losses and this might greatly affect his relationship with his immediate family and people around him who might start seeing him as a wild animal.
That's because they can't control their emotions because gambling has so much control over them that any outcome will make them commit violence and other crimes when they can't get the funds to gamble. That's why gambling is very detrimental if you are not responsible.

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February 02, 2024, 10:51:57 AM
 #54

The worst thing probably is "violence", because if you are addicted with gambling, you are not calm, you will be aggressive and you might end up blaming other people for your mistake. Also, because you don't have peace of mind, you don't patience as well and that will make you violent. People are probably aggressive by nature, but as long as we are at the right state of mind, we will be able to control ourselves.

Speaking about control, if we lose control, we won't behave the right way, and we know that violence could make us end up to jail because we might hurt people around us. So it's very important to be educated of the risk of gambling addiction so we will be able to control ourselves and prevent from becoming an addict.

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February 02, 2024, 10:52:48 AM
 #55

<...snip...>

your contributions are very much welcome as we learn together the many demerits of gambling addiction to inform both those currently addicted and intending addicts of the dangers of that irrational lifestyle.

I've not seen an addict that's violent, but one important point you failed to highlight is aggression, maybe you need to substitute violence with it.

Gambling addicts are mostly aggressive, as a result of the loses the suffer. Sometimes, when they're having a bad day, they tend to transfer the aggression on their loved ones, friends and colleagues. A friendly joke or a little effort to crack them, will end up with them lashing out as if you're the one that collected the money or ask them to gamble.
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February 02, 2024, 11:04:28 AM
 #56

your contributions are very much welcome as we learn together the many demerits of gambling addiction to inform both those currently addicted and intending addicts of the dangers of that irrational lifestyle.
The result of being addicted is more than financial lose. Addiction of gambling can lead to depression which is not healthy for the body, Addiction in gambling can also lead in committing suicide.  Addiction is very dangerous to the human life and it is not something one can easily get rid of when one is addicted. Because of the danger that is involved of being addicted,  it is very important for people to handle gambling with caution because too much of it can lead one getting into addiction.  

Addiction in gambling can make one waste all the money I gambling,  after realising the waste of money in gambling it can lead one into depression that if one is not careful one can think of committing suicide or having yourself for no reason.  Understanding gambling very well will really help people from getting addicted,  to know when is the right time to stop playing.

R


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February 02, 2024, 11:10:17 AM
 #57

your contributions are very much welcome as we learn together the many demerits of gambling addiction to inform both those currently addicted and intending addicts of the dangers of that irrational lifestyle.
The result of being addicted is more than financial lose. Addiction of gambling can lead to depression which is not healthy for the body, Addiction in gambling can also lead in committing suicide.  Addiction is very dangerous to the human life and it is not something one can easily get rid of when one is addicted. Because of the danger that is involved of being addicted,  it is very important for people to handle gambling with caution because too much of it can lead one getting into addiction.  

Addiction in gambling can make one waste all the money I gambling,  after realising the waste of money in gambling it can lead one into depression that if one is not careful one can think of committing suicide or having yourself for no reason.  Understanding gambling very well will really help people from getting addicted,  to know when is the right time to stop playing.
Again, to know how to gamble well and wisely, first we have to be able to control our emotions when playing, manage the risk of losing a lot of money by setting a stop loss or stop profit and what is no less important is not to use all the money we have, including money for family needs, in gambling. .

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February 02, 2024, 11:24:10 AM
 #58

Again, to know how to gamble well and wisely, first we have to be able to control our emotions when playing, manage the risk of losing a lot of money by setting a stop loss or stop profit and what is no less important is not to use all the money we have, including money for family needs, in gambling. .

I didn't know gamblers needed such a feature to stem gamblers' greed.
which becomes a loss for gamblers only when they cannot control their gambling well. wise people will not use their money to gamble. because they know the risks.
we just need to be reasonable gamblers. Play with the allocation that has been determined. If you win, withdraw, if you lose, you will come back the next day when there is another allocation of funds. the most important thing is, we know when to play and when we don't need to force ourselves to play.



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February 02, 2024, 11:40:37 AM
 #59

in my opinion this problem has become a common problem and happens a lot, because in my opinion there are a lot of people who are addicted to gambling, and of course those who are addicted to gambling they experience a lot of losses, of course not only financially, other things too. there are many losses, including their health and relationships with their partners or families. There are also many cases of someone who is addicted to gambling with its impact spreading to the family, and as in another thread the impact of gambling can affect family relationships.

Indeed, many people gamble by following their greed, they tend not to think about other things, what is more important, even their own health, they can ignore it. by gambling accompanied by greed, it triggers them to become addicted to gambling, and of course they will experience a lot of losses apart from money, other things that will be lost in my opinion are.

-health
-time
-money (of course)
-relationship with family or partner
-future

and much more, but what is certain is money, and if their finances are out of control then it is likely that they will experience a stress phase. because to survive of course we must have stable finances, including basic needs that must be met every day, if their finances are not stable then their basic needs will not be met properly.

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February 02, 2024, 11:52:49 AM
 #60

The worst thing probably is "violence", because if you are addicted with gambling, you are not calm, you will be aggressive and you might end up blaming other people for your mistake. Also, because you don't have peace of mind, you don't patience as well and that will make you violent. People are probably aggressive by nature, but as long as we are at the right state of mind, we will be able to control ourselves.

Speaking about control, if we lose control, we won't behave the right way, and we know that violence could make us end up to jail because we might hurt people around us. So it's very important to be educated of the risk of gambling addiction so we will be able to control ourselves and prevent from becoming an addict.
Not all gamblers become aggressive, nor does gambling addiction cause all aggression. Generalizing gamblers is reductionist. A lack of control and knowledge of when to stop is the real problem, not gambling

Gamble economically is two-sided. Economic benefits and hazards. the key? Equilibrium, education. Gamble's economic rewards and risks must be communicated. You must know the odds, addiction symptoms, and where to obtain treatment

Problems with impulse control, stress management, and coping processes cause gambling addiction violence. We need a mental health awareness and economic literacy shift to address these core problems, not just a gambling warning label

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