The Dangers of Online Gambling

Online Gambling refers to placing bets on sports, online casino games, lotteries and other events that are a combination of chance and skill, from a computer, tablet or mobile phone. It is a multi-billion industry that continues to grow. The growth is due to many factors, including cultural approval, increased internet penetration, celebrity endorsements and easy access.

Despite the popularity of Online Gambling, it is important to be aware of its risks and dangers. These include financial problems, emotional stress, social isolation, decline in work or school performance, health issues and relationship conflicts. Online gambling also affects the brain, with studies showing that it causes smaller volumes in the amygdala and hippocampus, areas associated with emotions and stress regulation.

Another issue with Online Gambling is fraud, which occurs when players use their credit card to make fraudulent transactions. Fraudulent activities can be difficult to detect, but cooperation between law enforcement agencies is crucial. Red flags include unusually large bets, frequent deposits from multiple accounts and unauthorized charges.

It is important for adults to educate children and young people about Online Gambling, as well as gambling-adjacent behaviours that are found in certain online games such as loot boxes and skin betting. In addition, it is vital that trusted adults help children and young people to identify their triggers for gambling-related behaviours. This will help them avoid the potential harms and consequences of this addictive activity.