Gambling Debt Advice Uk

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. Even far more moderate gamblers will bet more than they can afford, getting into a worse situation as they try to chase losses.

• Gambling Debt Advice Uk Government
• Gambling Debt Advice Uk Online
• Gambling Debt Advice Uk Free

1. The dispute over Wayne Rooney's alleged £700,000 gambling debt was settled last night, after a week of talks between the 20-year-old footballer's agent and bookmaker.
2. Post an SOA if you want to (it's all anonymous anyway); it will help the forum advise you, but unless you've other debts you're not going homeless or trashing your credit-worthiness between now and payday. Count yourself lucky that credit card deposit ban came in when it did or there'd be millions in the UK with much higher 'lockdown gambling.

Many compulsive gamblers find themselves struggling with unsupportable levels of debt. Compulsive gambling can also exacerbate debt problems and, in turn, debt problems can drive addicts back to online casinos or bookmakers.

Many compulsive gamblers find themselves struggling with unsupportable levels of debt. Compulsive gambling can also exacerbate debt problems and, in turn, debt problems can drive addicts back to online casinos or bookmakers.

Compulsive gamblers often need to tackle their addiction and their debt problems at the same time in order to get a handle on things.

There are a range of Insolvency Solutions that can help people struggling with problem debt.

Speaking to a Debt Advisor can help light a path towards freedom from debt. To speak to a debt advisor today, call: 0800 611 8888.

Gambling addiction warning signs

There are a number of warning signs that you or a loved one might have a problem with gambling. These include:

• Using an overdraft or credit card to pay for gambling
• Missing payments to debts or important bills because money is spent on gambling
• Gambling to try and win money to pay off debts

Getting help with debt addiction

There are a range of services designed to help people tackle a gambling addiction.

Speak to your GP

This is often the best place to start. Especially if gambling is affecting your physical or mental wellbeing. Your GP can help talk through your options and give you information on local support services.

Get help from a charity

Gambling Debt Advice Uk Government

Charities can offer more specialist advice with gambling addictions. GamCare offers anonymous counselling online and over the phone every day.

Join a support group

There are a number of confidential peer-support groups like Gamblers Anonymous and SMART Recovery that foster a sense of community between recovering gambling addicts.

Consider self-exclusion

Many gamblers use self-exclusion to restrict their access to betting environments. Casinos, bookmakers and betting websites have their own self-exclusion schemes. GamStop is an industry-wide self-exclusion scheme that blocks access to many, but not all online gambling sites.

Getting help with debt

There are a range of tools and services to help you get out of debt. These include debt help tools from charities and advice services from citizenship organisations.

If you are struggling with severe levels of debt, then you may need to consult a Licensed Insolvency Practitioner. An Insolvency Practitioner will look at your debt situation and suggest the best course of action for your circumstances.

This may include a Personal Insolvency Service like an Individual Voluntary Arrangement (IVA), which allows you to pay back a portion of your debt over a fixed period.

For more information on Personal Insolvency Solutions or for debt advice, speak a member of the team today. Call: 08000 611 8888.

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.

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 way out of the situation – but it just makes matters worse.

But often they come hand in hand – meaning you need to get help with both at the same time to really solve the problems. It might mean turning to two separate sources of help.

Gambling Debt Advice Uk Online

If you just focus on your debts and ignore the gambling addiction, then you might find yourself back in a similar position before long. But if you don’t deal with the debts at the same time it might be hard to resist the temptation to not gamble if the debts are spiralling out of control.

Get help with your debts

The best thing you can do to fix debt worries is to talk to someone experienced in helping people in your situation. Don’t pay for this. There are many free and independent debt advisors who will treat everything you say in confidence, then help you find the ways to deal with your debts.

It’s easy to find someone to help. This could be near where you live, or you could talk to someone over the phone or on webchat. The Money Advice Service Debt Advice Locator does exactly what it sounds like. You can enter your post code and choose between the options.

Get help with your gambling problems

Gambling doesn’t just affect your finances, it can impact on your mental health and your relationships with friends, family and your workplace. But breaking the habit is unlikely to be easy.

Gambling Debt Advice Uk Free

Gambing awareness charity GamCare suggests a few ways to help you stop your gambling habits:

• Avoid situations and people that might make you gamble
• Take up alternative activities that could keep you busy and plan your time
• Ask betting shops, casinos and arcades to bar you
• Block gambling websites on your computer and phone

GamCare also has a helpline you can call to talk through the options, which can include counselling. Call Freephone 0808 8020 133 from 8am till midnight, seven days a week.