Gambling is a risky activity where you place a bet on an event with an uncertain outcome. This can be as simple as betting a small amount of money on an upcoming horse race or as complicated as investing in a new technology in the hope of future high demand.
There are many reasons why people gamble, including to feel better about themselves when they are depressed or to distract them from negative thoughts. However, if gambling is taking over your life and is having a negative impact on you, it may be time to stop.
Understanding Your Beliefs About Betting
You should learn about the beliefs that you have about betting, and how those beliefs can cause problems with your gambling. Cognitive behavioural therapy (CBT) can help you to understand these beliefs and how they can trigger problematic gambling behaviours.
Understanding Your Mental Health
Most people who are affected by problem gambling have a mental health issue, such as anxiety or depression. This can make it harder to resist the urge to gamble.
Strengthen your support network
If you have a strong support network, it will be easier to fight your addiction. This can include family, friends, a therapist or support group.
Set limits
It is important to set out a budget for gambling, and to stop when you hit your limit. You should also never chase your losses, because that will only result in bigger and bigger losses.