Facts About Seniors & Gambling
In retirement, gambling can be a fun, social activity. Although many seniors find the right balance between gambling and other aspects of life, there are some factors that could increase your risk of developing a problem with gambling.
- Increased leisure time in retirement, which could potentially lead you to gamble more than you intended.
- A decline in income brought on by the transition to a fixed retirement income, which can increase the impact of gambling losses.
- Major life changes that could lead you to gamble to escape other problems.
The more you know about gambling, the better equipped you are to keep it fun. Here are a few tips to help:
Balance gambling with other hobbies
Whether it's reading, golfing, or just taking some time away from the tables or slots, every break helps.
Set a Budget
Keep gambling enjoyable by setting a budget. Try out the GameSense budgeting tool at GameSense.ca and keep track of how much you're spending.
Set a time limit
It can be easy to lose track of time when gambling. So plan ahead, take breaks and set a time limit before you start gambling.
Don't chase losses
Every game is random, and the house always has the advantage. It's important to recognize this and stick to the time and budget limits you've set.
Leave emotions off the table
Your mood may affect your gambling behaviour. Gambling when you're upset can cause you to make rash decisions - decisions you might not make in a regular state of mind.
We're Here to Help
Visit a GameSense Info Centre at any casino or community gaming centre for more tips, resources and suggestions to make gambling safer. Or you can call the 24-hour, toll free Alberta Health Services Addiction Helpline at 1-866-332-2322.