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External Impacts of Gambling

External Impacts of Gambling


Gambling is an activity where people place a bet on something of value (money or property) that has an element of randomness and chance. It can include casino games, sports betting, lottery and scratchcards. It can also involve speculating on the outcome of an event or the future of a company, such as through stock market trading.

While there are many negative side effects associated with gambling, there are some positives that can come from it, such as socialization and skill improvement. However, it is important to remember that any type of gambling activity should be done in moderation and that there is always a risk of losing money.

External impacts of gambling can be at the personal, interpersonal and community/societal level and may include financial, labor, and health and well-being. These impacts can be long-term and can change the life course of an individual and even pass between generations. Some of these impacts are visible to others, while other are invisible.

If you have a problem with gambling, talk to a friend or family member, a counselor, or join a support group for gamblers, such as Gamblers Anonymous. It is also important to exercise and to find new activities, so that you don’t have the urge to gamble. Seek counseling if you need it, and consider joining a class that will help you learn new skills, such as a job-search course or a hobby. Lastly, make sure to get plenty of sleep and rest.