Super Bowl bets and other wagers a bad gamble at work
As online sites and mobile apps make it easier than ever to place a bet on the Super Bowl and other events, there are benefits to making the workplace a wager-free zone.
An estimated 2.5 million adults in the U.S. have a severe gambling problem, and another 5 to 8 million have a mild or moderate problem, according to the National Council on Problem Gambling. Issues with gambling can result in:
- Lost work time;
- Lost productivity;
- Performance issues;
- Mood swings; and
- Theft, fraud, and embezzlement.
Workplace temptations
Most adults gamble responsibly. For those fighting the compulsion to place a bet, however, even seemingly benign workplace activities like a baby pool, group lottery ticket purchases, or a fantasy sports league purse can be dangerous and should be avoided.
Although gambling has financial consequences, problem gambling is more of an emotional issue than a financial one. Gambling brings a dopamine rush, which makes a person feel good.
This rush occurs whether a person wins or loses. That makes it tempting to keep gambling as losses pile up. While some people can stop gambling after a loss, others continue to gamble to win back what’s been lost. This is known as “chasing losses.”
'Chasing losses’ and other bad signs
According to the National Council on Problem Gambling, signs of gambling addiction include:
- Trying to win back what you’ve lost (“chasing losses”)
- Thinking about gambling all the time
- Feeling the need to bet more money and more often
- Feeling restless or irritable when trying to stop or cut down
- Feeling like you can’t control yourself
- Gambling despite negative consequences
Because of the emotional impact of gambling, problematic habits can persist even if all debts are paid off. Getting rid of a gambling addiction often requires treatment and social support, as well as abstinence from gambling.
Curbing workplace gambling
A few years ago, Matthew Missar of The Better Institute spoke on gambling and the workplace at the Society for Human Resource Management (SHRM) Annual Conference. He provided these tips to help curb problem gambling in the workplace:
- Have a workplace policy addressing internet and online gambling.
- Offer financial counseling.
- Don’t hold work events at a casino.
- Don’t endorse office pools.
- Offer gambling disorder therapy as part of workplace benefits.
Key to remember: Trying to guess which team will win the Super Bowl can make for interesting workplace conversation, but when it turns into a gambling opportunity, it’s best to say all bets are off.




















































