Gambling Addiction


Although gambling has long been a popular activity in the United States, it has been suppressed by law in many areas. In the early twentieth century, gambling was almost universally outlawed in the U.S., fueling the rise of criminal organizations and the mafia. Since then, attitudes toward gambling have gradually changed and laws against gambling have been relaxed. Many people enjoy gambling, but there are also ethical and legal concerns about it.

If you are struggling with a gambling addiction, the first step in seeking help is to strengthen your social network. Reach out to friends and family and make new friends outside of the gambling world. Enroll in classes for addiction prevention and management, volunteer for charities, and join peer support groups. If you feel you cannot handle the temptation to gamble, consider joining Gamblers Anonymous (GA), a 12-step program patterned after Alcoholics Anonymous. During the recovery process, you will need to identify a sponsor – a former gambler who can offer guidance and support.

When gambling, you should keep in mind that the odds of winning are against you. Unlike investments that can take several years to complete, gambling has a short-term horizon. In addition, the profits of gambling are often limited. If you do not have the funds to pursue your goals, gambling is probably not the best option. So make sure to limit your gambling to occasional entertainment or as an expense. You can also use gambling as a source of venture capital.