Sports betting is a booming industry, and while experts say it can be a fun fall hobby, gambling can also turn into a severe issue.
An estimated 2.5 million U.S. adults face a severe gambling problem every year, and another 5 million to 8 million more have mild or moderate issues, according to the National Council on Problem Gambling.
Severe gambling problems often aren’t as obvious as other addictions, but they can have a significant impact on a person’s life.
“This is something that, you know, an individual could potentially keep to themselves,” said Joe Maloney with the American Gaming Association.
The National Council on Problem Gambling defines the addiction as “gambling behavior that’s damaging to a person or their family, often disrupting their daily life and career.”
The organization says warning signs include:
- Thinking about gambling all the time
- Feeling the need to bet more money more often
- Trying to win money back
- Feeling restless or irritable when you try to stop or cut back
- Feeling like you can’t control yourself
- Gambling despite negative consequences
In extreme cases, it can cause bankruptcy, legal problems, the loss of your job or family and suicidal thoughts.
“The right mindset comes down to knowing the odds, understanding the game, and most importantly, keeping it social,” Maloney said.
Devices make sports betting easier than ever, so the American Gaming Association says to think before you gamble and monitor your behavior.
If you choose to place a bet, make sure you’re doing it on a legal site with responsible gaming protections.
“If you’re someone that’s concerned about a loved one involved in this activity, trying to keep an eye on their habits and what he or she might be demonstrating in some moments when you’re watching the game,” Maloney said. “Somebody is sort of displaying those levels of anxiety around an important moment in the game, it might be an opportunity to just ask that person, give that person the space to communicate.”
If you or a loved one struggles with gambling, help is available. Call 1-800-Gambler for the National Problem Gambling hotline.
You can also find resources on the organization’s website, including a gambling behavior self-assessment, at https://www.ncpgambling.org.