Gambling involves placing something of value at risk on an event with an element of chance and the potential for a larger prize. This can include bets on sports events, games of chance like dice or roulette, and casino games such as poker or slot machines. It can also include informal bets between friends in a home setting on the outcome of football matches or horse races.
Despite its popularity, gambling can have significant negative social, family and financial consequences for those who become too involved in it. It also undermines good stewardship practices, as money spent on gambling could otherwise be used to meet basic needs or advance worthwhile causes. In addition, it contributes to an immoral and exploitative industry that thrives on people’s vulnerability. (See Matthew 25:14-30.)
A number of factors can lead to problematic gambling, including stress, depression and low self-esteem, and a desire for the excitement that comes with winning and losing. It can also be used as a way to distract from painful emotions, or to give people a false sense of control over their lives. People with mental health issues are more at risk of harmful gambling, as well as those who have been affected by traumatic experiences.
A big problem with gambling is that it often takes over one’s life – bills aren’t paid, debts mount up and relationships suffer. In extreme cases, people may even be tempted to steal to try to fund their habit or pay off their debts. If this is a concern for you or someone you know, get in touch with StepChange for free and confidential debt advice.