In a typical month, effectively over half of all race betting expenditure by common gamblers-60 cents in each dollar-was accounted for by those who experienced any kind of gambling problem (Determine 3). Forty-one cents in each dollar was accounted for by those who experienced moderate to severe problems. This works especially properly with point totals and teams that put up massive numbers at home. Nicely over a third of all households containing a race bettor with severe gambling problems had to ask family and mates for monetary assist (39%), while near a 3rd could not pay the electricity, fuel, or telephone payments on time (30%). More than a quarter couldn’t pay the rent or mortgage on time (27%). These and other monetary problems had been substantially much less prevalent among households where bettors reported no gambling issues.
Race bettors who skilled gambling-associated issues had been additionally rather more prone to dwell in households that skilled monetary problems. It reveals that those that skilled greater issues spent substantially greater than those without problems and that they have been extra prone to reside in households that skilled financial problems. The varieties of gambling-associated problems experienced by common gamblers were also explored. The types of sports activities bets you can choose to wager on include money line wager, unfold betting, over/below bets, favorite, or underdogs. In 2015, close to a quarter of race bettors (22%; 214,000) wager more than they may afford to lose; 24% (237,000) tried to win again the money they’d lost on another day. In 2015, 41% of all regular race bettors-403,000 adults-skilled one or more gambling-associated issues.5 That’s, their gambling behavior induced or put them at risk of problems.5 This was more than double the rate amongst regular gamblers nationally.
For 10% (97,000) of race bettors, gambling had precipitated them physical or psychological well-being issues. These issues stemmed from bettors’ overall gambling exercise, together with race wagering. The probability of family financial problems escalated with the severity of race bettors’ gambling problems. This additional means that one-third of all common gamblers who experienced problems in Australia repeatedly participated in race betting. Race bettors who skilled gambling-related issues spent rather more on gambling than those who didn’t have expertise problems (Determine joker123 2). These with extreme issues spent up to 4 times as much on racing over the year ($3,815 vs. $887) and five times as much on gambling total ($8,141 vs. $1,619). Regular race bettors who reported issues had three characteristics that distinguished them from those that did not cause expertise problems.