The World Cup is one of the most significant sporting events in the world, and the most recent one last year was also the biggest one ever for sports betting. However, the end of the World Cup didn’t mark the end of sports betting activity, which continues to increase worldwide.
So, is sports betting on major events like the World Cup, Super Bowl and NBA a problem?
If so, you’re not alone. You’re among millions who are sucked into gambling addiction through sports betting.
Here Are Some Warning Signs That Your Sports Betting Could Be Getting out of Hand
Time Spent Gambling: You find yourself gambling more often than planned or for longer periods than you intended. You become preoccupied with gambling, constantly thinking about your next bet. You prioritise gambling over other important areas of your life, such as work, family, and social relationships.
Lying to Loved Ones: You find yourself lying to yourself or others about the amount of time and money you have bet.
Gambling Despite Consequences: You continue to gamble despite experiencing negative consequences such as financial difficulties, relationship problems, or legal issues.
Unable to Stop: You have tried to stop gambling but find yourself unable to do so, experiencing withdrawal symptoms when you try to quit. You experience a loss of control while gambling, chasing losses or placing increasingly risky bets in an attempt to win it back.
Using Gambling for Escapism: You rely on gambling to escape problems or negative emotions. Some of these may have been caused by the gambling itself!
Borrowing Money to Fund Gambling: You borrow money or resort to illegal activities to fund your gambling habit. Have you gotten into debt or do you find yourself asking others for financial help because large sums of money have been lost through betting?
Sports betting can lead to addiction and cause negative consequences financially, professionally, or personally. If you're not sure whether gambling is a problem for you, setting limits, being aware of the warning signs, and taking a break could be the first steps to regaining control.
Set limits: Set a budget for your sports betting activities and stick to it. It's also important to limit the amount of time you spend betting.
Be aware of the warning signs: Keep an eye out for signs indicating when sports betting is becoming a problem.
Take a break: Regularly taking breaks from sports betting can help you avoid developing an addiction. Gamban can help remove that temptation and block you from all online gambling. Take time to engage in other activities and spend time with loved ones.
If you're struggling with an addiction to sports betting, you can always reach out for help. There are resources available, including support groups and therapy. If you're in the UK, Gamban is free through TalkBanStop, which includes support from GamCare and self-exclusion provided by GAMSTOP.
GamCare offers a short test where you answer nine questions to understand more about your relationship with gambling. It's completely confidential and won't ask you for any personal information.