From buying a Lotto ticket to a work sweepstake on the Grand National, it’s not uncommon for many people to indulge in the odd bit of gambling. But a problem gambling habit can be bad for your finances.
As today’s £7.8million fine for an online gambling firm showed, vulnerable gamblers can quickly rack up debts one customer bet more than £1.3million over 13 months.
See also: The craziest sports bets of all time
See also: Gambling Commission unveils tough new penalties for regulation breaches
Even far more moderate gamblers will bet more than they can afford, getting into a worse situation as they try to chase losses. And sometimes being in problem debt can prompt people to turn to gambling in the hope of ‘winning’ their w…
Read the full article at: https://www.aol.co.uk/money/2017/09/03/how-to-beat-gambling-and-debt-worries/