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Gambling Problem
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Thankyou everyone for listening and reading.
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Hey Bonanza,
I'm 24 about to hit 25 and I had a bit of a gambling issue from the middle of last year to mid this year. Like you, I didn't think of it as an issue to start. I was probably putting $5 on sports games that I knew - NRL, AFL, Rugby, Tennis - and mostly for fun. Then it sucked me in and soon that $5 became $50, $500 and at my worst, $5000. So I even managed to lose $10000 in the space of two days which brought my balance, including my saved house money for a mortage, to $0.
The way I stopped was simply I deleted all the apps and put targets for other things to save towards, and set up separate accounts for them. I also forbade myself from watching sports games for a while. So now I have automatic deposits that take my salary and drop them into separate savings accounts for my house, motorcycle and holiday.
Have you got a budget? That can help you too to see just where the money needs to go.
But I think the gambling sounds like a symptom of something else.
You talked about your lowness - was this caused by gambling or is there something else there which you are trying to figure out and work on? Sorry if I'm prying.
Don't forget, you can also see a counsellor. My university used to have a counselling and psychologist service which was free for university students. Would you consider seeing them?
James
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Can I ask what it is which sucks you in about gambling? Perhaps you can think about your thought processes. What are you thinking when you log on to the app to gamble? What are you thinking just before it?
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Hey Bonanza,
Perhaps then it's the loneliness that it'd be good to address. I think I have a similar thing, but it's more tied to I don't feel like I'm worthwhile so then I tricked myself into thinking I could make lots of money through gambling, and hence be more attractive to friends and romantic possibilities, and to myself for that matter.
The inability to stop is probably just the way gambling works - it's addictive. So we can't really help that, but we can try to stop it at the cause which is why you log in in the first place.
Perhaps another thing you could look at doing is restricting the money flow. I use to fund the account via paypal because credit card was too expensive. And my PayPal was tied to my transaction account. So what I did was I left $200 in my transaction account, and everything else went to a savings account. So I had to actually log in and move the money myself. That worked to an extent so I knew the money was actually moving out of my account.
I know you mentioned you have friends studying psychology but I think it's worthwhile looking at a proper counsellor. Your friends will be biased and won't be able to look past that friendship barrier. You need someone completely objective to help you look at this, particularly the loneliness if that is indeed a large cause of your low mood.
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