Drinking Soda Has Far More Serious Health Risks Than You May Realize: Numerous studies have shown the negative health effects of drinking soda on your waistline and your teeth. Drinking soda however, has far more serious health risks than many of us may realize. Regular consumption of sugary drinks is linked to numerous health problems including diabetes, heart disease, asthma, COPD and obesity. So what are the risks and how much soda is too much? Lets take a look: