Myths and facts about gambling

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Another Day, Another Dollar
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MYTH: You have to gamble every day to be a problem gambler.

FACT: A problem gambler may gamble frequently or infrequently. If a person’s gambling is causing psychological, financial, emotional, marital, legal or other difficulties for themselves and the people around them, then they have a gambling problem.

MYTH: Problem gamblers gamble at any opportunity on any form of gambling.

FACT: Most problem gamblers have a favorite form of gambling that causes them problems. Some gamblers also engage in secondary forms of gambling, but these are not usually as problematic.

MYTH: Problem gambling is not really a problem if the gambler can afford it.

FACT: Problems caused by excessive gambling are not just financial. Too much time spent on gambling means less time to spend with family, friends and others. It can lead to relationship breakdown and loss of important friendships.

MYTH: Problem gamblers are irresponsible people.

FACT: Many problem gamblers hold, or have held responsible community positions. Even people with a long history of responsible behavior are vulnerable to developing a gambling problem. When a person is having a problem gambling episode, that person is unable to control the gambling and in this compromised state the addict’s actions look like irresponsible behavior.

MYTH: Children are not affected by problem gambling.

FACT: Surveys show that about 10 percent to 15 percent of American and Canadian youth have experienced gambling-related problems, and 1 percent to 6 percent of these individuals may satisfy diagnostic criteria for "pathological" gambling. Children of problem gamblers have been shown to be at a higher risk of developing health-threatening behaviors. This includes alcohol and drug use, problem gambling, eating disorders, depression and suicide.

MYTH: Partners of problem gamblers often drive problem gamblers to gamble.

FACT: Problem gamblers are skilled in finding ways to rationalize their gambling. Blaming others is one way to avoid taking responsibility for actions, including actions needed to overcome the gambling problem.

MYTH: Financial problems are the main reason that problem gamblers’ relationships break down.

FACT: It is true that money problems play an important part in ending relationships. However, many nongambling partners say that the lies and lack of trust are the biggest cause.

MYTH: If a problem gambler builds up a debt, the important thing to do is to help them get out of the financial problem as soon as possible.

FACT: Quick-fix solutions are often attractive to everyone involved and may appear to be the right thing to do. However, bailing the gambler out of debt may actually make matters worse by enabling the problems to continue.

MYTH: Problem gambling is easy to recognize.

FACT: Problem gambling has been called the hidden addiction. It is very easy to hide as it has few recognizable symptoms, unlike alcohol and drug use. Many problem gamblers themselves do not recognize they have a gambling problem. Problem gamblers often engage in self-denial.
 

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MYTH: Financial problems are the main reason that problem gamblers’ relationships break down.

FACT: It is true that money problems play an important part in ending relationships. However, many nongambling partners say that the lies and lack of trust are the biggest cause.
I guess, but that is just how women think. I mean, does this mean I can lose my paycheck on the greyhounds as long as im honest about it and you trust me to pick some winners?!
 

Another Day, Another Dollar
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Finance problems tend to front depression. Depression will fail a relationship more often than not even if she is an 8 and a good woman. It is because you don't react normal when under such duress of being broke or barreled in as JJ would say. Gambling is such fun, but it is such a learning experience as well.
 

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Disagree with the title of this thread..

It should be "Myths & Facts About Problem Gambling" ... not "Myths & Facts About Gambling"

Problem gambling is a very real problem for some people, but the title of this thread almost implies that all gambling is problem gambling. Just as I wouldn't expect to open a thread that said "Myths and Facts about alcohol" and only see information about alcoholism.

Gambling (termed gaming by the casino industry to make it less "bad sounding") is simply putting money at risk, with the hopes of making a profit. Gambling as we know it is just where the likely returns are quite immediate such as a flip of a card, a throw of some dice, or even the completion of a sports event.

Here are some more examples of gambling:

buying stocks
opening a restaurant
taking a new job
breaking up with your partner
crossing the street

Every person gambles in one form or another nearly every single day. We are offered choices, and we make the best choice we can based on our risk/reward tolerance.

Gambling is an important part of society and capatilism. Without people willing to gamble, we would not have the economy that we have, we would not have the medicines we have, and much more.

Problem gambling is a real problem, but gambling itself is not the problem.
 
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If no one had every gambled life as we know would not exist. What seperates man is the ability to weigh the potential benefit versus the risks involved. In problem gamblers this ability to judge is distorted. For every dollar spent betting on sports there are hundreds more spent on what the world deems legitimate investments. I personally took a bath in the stock market a few years ago that exceeds anything I could possibly hope to ever lose on sports. Yet I can discuss these losses openly in public and even continue to get tax write offs from the government.

We judge and are judged for what we do based on a system of beliefs created by our society. The problem is that many of our beliefs in this country are directly opposed to each other. So we end up with a hodgepodge of political compromises. Some things are legal some aren't. Some places certain laws are enforced some places they are not. A congressman from an area of the country widely known as one of the biggest areas of "illegal" sports betting in the country takes the pulpit to outlaw online wagering. I can go bet the lottery on random chance but not wager with an informed judgment on a sporting event. Its no wonder the rest of the world things we are whacked in the head.
 

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