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Self-perceptions are the ways people view themselves in relation to others and the world. There is mixed evidence for whether people who gamble more heavily have lower self-esteem. Certain gambling games may be seen as an opportunity to increase self-esteem. For example, some gamblers may play casino table games to show their skill, impress others, and gain prestige. People who gamble for these reasons may spend large amounts of money.
Research has shown that people with a financially focused self-concept are more likely to have gambling problems. These individuals place great importance on the amount of money that they have as a source of self-worth. Thus, they may gamble heavily in the hope of winning big. Having gambling problems can change how people view themselves for the worse.
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