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Negative effects of gambling

Why do people gamble? The main reasons are:

  • For fun

  • For financial rewards

  • For social reasons

  • For a challenge

  • To try something new

If you'd ever waged any amount with your friends and co-workers on Melbourne Cup (we certainly have, and continue to do), then you're a gambler...

...and when it comes to gambling, there is no shortage of critics, coming mostly from moralizers and politicians and fundamentalist religious groups.

Their main argument is that after winning few bets, the gambler will for a habit, which inevitably worsens over time leading to addiction and financial ruin.

This argument is deeply flawed. It is the same as saying that eating every day leads to obesity or that having a glass of beer inevitably leads to alcoholism.

Here are some facts:

  • The fact is SOME people will regularly drink to excess and turn into alcoholics, but the vast majority of people will not.

  • ANY excessive behaviors has the potential to become an addiction. Some people are sex addicts - is this the reason never to engage in sexual activity?

  • While it is always possible to find some horror story about a gambling addiction, we're talking about tiny numbers - the vast majority of people who engage in gambling do it for above mentioned reasons and do not become addicts.

So, if you fell guilty every time you win a wager, relax and remember - it's your money and what you do with it is your decision. Do it responsibly and don't forget - the knowledge increases your chances.


One of the negative consequences of NOT gambling is not having fun and winning money. That's why you should play a poker game recommended by Launchpoker.com and become a texas holdem champ!

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