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Gambling can be considered an activity with serious adverse consequences if caution is not exercised to indulge into it in moderation.
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Compulsive Gambling Brings On Intense Consequences By Andrew Fullard at 2013-07-24 05:31:59
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Gambling has been an ancient activity since civilization where men and women in small to large bets on just about anything. It could be a personal challenge or a group activity such as a stock investment or a bet on the World Football Championship amongst friends and brokers.
Gambling can be considered an activity with serious adverse consequences if caution is not exercised to indulge into it in moderation.
Addiction
Consumers who indulge in gambling need to be aware of the possible addiction the activity brings as with drugs and alcohol. It is alright to participate in gambling activities in moderation with a full sense of responsibility exercised by the consumer but the dangers come on when one becomes a compulsive gambler.
An addiction to gambling is the result of greed or desperation of the consumer in gaining more profit or trying to recoup losses. Addictive behaviors surface with more and more time spent on gambling activities until the daily routine may be adversely impacted. Lifestyles can change overnight with addictive gambling patterns bringing on adverse effects that impact the gambler’s life, mental and physical health.
Work productivity can also be adversely affected with a strain on relationships that often leave the gambler alone and dejected. Compulsive gamblers often do not acknowledge their situation just like other compulsions. There is a high tendency to claim total control over their compulsive gambling behavior with a high failure in resolving the issue.
Consequences
People with intense gambling addiction tend to experience a high debt over time as they indulge more finances to fuel their addictive activity. It may come to a point where a high credit is raked up with no viable repayment plans.
Many compulsive gamblers tend to exhaust their credit cards resources while pawning off their valuables and assets. Others may resort to borrow money from any source or end up being involved in negative vices.
These individuals are often sidelined by families and society if they do not seek professional assistance in resolving their debt issues and compulsive gambling behavior. In the end, compulsive gamblers tend to lose their self-esteem and respect with many avoiding them for fear of repercussions.
Compulsive gamblers have been known to take out high interest loans from unscrupulous money lenders or loan sharks who may inconvenience the family if the repayments are slow or unavailable. Hence, every individual should consider the adverse consequences of gambling before indulging into it as the addiction can be too hard to break.
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