Gambling is basically a play or activity that is performed to get some money without any effort. Gambling is just like an addiction. People start it as fun but later on, they have to face its consequences, and they got addicted to it.

There are multiple names of gambling addiction. For example; pathological gambling, or gambling disorder.

Effects of gambling

If we study its proper definition that is given by Merriam- Webster,” Gambling is the practice or activity of betting or in other words the practice of risking money or other stakes in a game or bet.

Gambling addiction is not all about financial issues that the addicted person will have to face. We can see a lot of gamblers who play a lot and lose money but still they even don’t care. Gambling is an emotional, psychological issue as well. Anxiety, depression, and stress are related to gambling.

Gambler faces mood swings and severe anxiety and personality disorders too.

Ways of gambling:

There are certain types of gambling methods. For example:

1. Lotteries.
2. Casinos.
3. And racetracks.

It is reported that about 80 percent of US people are addicted to gambling. Gambling is easy because there are many alternative ways to do it.

Myths and facts about gambling

There are multiple myths in our society regarding gambling. Here, are going to discuss some of them:

Myth: Gambling helps you to get money in the short period.
Fact: It is obviously a false statement. Apparently, it looks like people win most of the time and get money without any effort. But in reality, gambling is the way to lose money.

Most people gamble just for fun, but it’s not like that. Soon they will be addicted to it, and they have to pay for it.

It’s true that at the start people win and are attracted to it, but later they have to pay double-triple of it.

Myth: It’s possible to predict what is going to come while tossing.
Fact: It’s a false statement. No one can tell what’s going to happen. When a coin is flipped, whether it will be head or tail. There is a fifty-fifty percent chance of each. So it’s wrong to say that someone can judge.

It’s also a common myth that there is some type of system or trick that helps to win the lottery. So in reality, there isn’t any type of system that will help you. Again, there are chances of winning as well as losing at the same time.

Myth: Teens do not gamble and if they do, they don’t face problems.
Fact: It’s really false that children or the teenager do not gamble. It is estimated that most of the guys gamble. Though teenagers gambling with their family and friend circle, they do, and it’s not like that they don’t face gambling problems.

If we analyze, it is estimated that teenagers face the same issues as other gamblers.

Myth: After losing, people can get their money back.
Fact: It’s a really false statement. Casinos run with gambling money, and they never give your money back. If you win you’ll get money but unfortunately, you lose the game you are not going to have anything.

And in gambling, lose money is more common than winning.

Myth: Problem gamblers gamble every day.
Fact: It’s not true. The gambler doesn’t need to gamble regularly. They gamble frequently or not. So when does a person become a problem gambler?

When his gambling is starting creating problem, and he faces psychological, emotional, financial or legal issues and start influencing the surrounding people, then he is a problem gambler.