Sports betting and gambling addictionAlong with the risk of losing money is the risk of addiction when it comes to sports betting. It is an addictive thing to get involved in. You are constantly chasing money, competing against a bookmaker to try and beat them, biting your nails until the final minute of a game to see if someone scores to earn you a victory. There is a rush involved, a thrill of winning but when a bad patch comes along and a loss knocks you for six, or you can’t get out of a losing streak, people get desperate and try and bet their way out of financial problems.
Risk of addictionUnfortunately, the risk of addiction from sports betting is high. It is a legal pastime which makes it easy to access and if you are watching sports on a constant basis then you are going to be bombarded with promotions and media advertising. Betting should never be treated as fun, but it should be approached with caution, care, and a will power. It's because it is so easy to do and most punters will find themselves thinking that they can beat the odds no problem. However, when it reaches the point that a person unquestionably believes that they have the answer to all betting, that they have a foolproof system to beat the odds, that is a sign of addiction. Realty has been put aside. There is no foolproof way to win.
Signs of gambling addictionPeople will often have tells that indicate that they are in some degree of trouble with gambling. These can be anything from asking for money a lot of times through to some signs of irrational behaviour when not having access to betting. Even when a person can afford to gamble there is still an addiction there. Having access to more money will probably lead to addiction more quickly than someone who can’t really afford it.
There is a fact that adolescents are actually at higher risk of addiction than adults are and that more than half of all compulsive gamblers will commit crimes to pay for gambling debts.
- Unhealthy preoccupation with gambling
- Needing to place increasingly larger wagers to get a rush
- Irritability and impatience when trying to quit gambling
- Trying to win back losses with more gambling
- Lying about the extent of gambling activities
- Seeking financial assistance from friends and family to support gambling activities