The Effects of Gambling on the Socioeconomic Status of a Person
Problem gambling has a myriad of challenges on a person. However, the socioeconomic effects are the most evident. This is because they trickle down to every other aspect of the individual’s life.
In the recent years, gambling has become more acceptable as a recreational activity in the United States.
Gambling starts as a way to have fun and pass the time. With time, it graduates to problem gambling where one can barely control their urges. Problem gambling has dire effects in all the pillars of the socioeconomic status of a person namely: education, occupation, income and social class.
When one starts to gamble, they only use the money they can afford to spare. The urge to spend more money increases and they end up placing higher bets. It gets to a point where one cannot control how much money they spend on gambling. This messes up their budget as they end up using the money allocated for other responsibilities. Their family sinks into a financial crisis since one ends up with little or no money to cater for their recurrent bills.
If the situation is not arrested, the person borrows more money. The hope of winning and recovering their lost money makes them keep on borrowing as they look forward to the big win. They find themselves overwhelmed with debt.
Studies show that in every three people, two with a gambling addiction will engage in illegal acts in an attempt to pay their gambling debts or get money to play. If caught they could end up losing their employment or kicked out of school.
As one progresses in the addiction, they spend more time thinking about gambling. They find time to go bet either in the local casino joints or find some time to log into the online casino platform. When this happens during working hours, they start to fall back on their job responsibilities. One starts to have issues with their immediate supervisors.
As a way of coping with the increased pressure at work, they get more into gambling. These tendencies spiral on until the person loses their job.
All these adverse economic effects have a direct impact on the social class of a person.
When one loses their employment, they can no longer afford to support a particular lifestyle. This directly affects their family as they might not be able to afford to give their children a certain quality of education. It also directly affects the other dependents of the person.
Problem gambling also increases the emotional pain of the family. The financial strain gets too much resulting to break-ups. Many families have broken up since one of the people had a gambling addiction and they do not want to work on it.
In conclusion, gambling is a reality in today’s world. However, it is one leisure activity that has a high likelihood to addict the brain. The brain is highly influenced by activities that induce high adrenaline and have quick rewards. Gambling induces high adrenaline when one places a bet and the likelihood of winning quick money in such a short amount of time is highly rewarding to the brain.
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