Gambling involves placing something of value (usually money) at risk on an event that has a chance outcome. You can bet on events such as sports, games of chance, lottery tickets, card games, video games and electronic machines. The monetary value of the wager is determined by the odds, which are set by betting companies and determine how much you could win or lose.
Many people gamble for fun, but for a small group it becomes problematic and they develop gambling problems that have significant personal, family and social effects. People with gambling addiction can be at risk of developing serious mental health problems, such as depression and anxiety. They may also be at risk of becoming involved in criminal activities such as drug dealing and prostitution.
If you are struggling with a gambling problem, there are ways to get help and recovery support. Seek help from a professional, like a counselor or psychiatrist who is experienced with treating compulsive gambling. Try to strengthen your relationships with friends and family, and find new ways to socialise without relying on gambling. It’s also important to manage your finances and avoid high-risk behaviours, such as using credit cards, taking out loans, carrying large amounts of cash with you or gambling as a reaction to emotions. Consider seeking therapy for underlying mood disorders such as depression or anxiety, which can trigger or make gambling problems worse. You can also join a support group for gambling addicts such as Gamblin’ Anonymous, a 12-step program based on Alcoholics Anonymous.