What is Gambling?

Gambling involves risking something of value (money, property or other assets) on an event that is largely unpredictable and where the chances of winning are usually low. It can take many forms including sports betting, playing a casino game and online gambling. People gamble for a variety of reasons, from social to financial.

Problematic gambling is a significant source of stress and distress for individuals, families and societies. It is an addiction and a serious cause of harm that should be treated like any other form of substance or behaviour addiction. Symptoms include loss of control over money management, lying and secretive behaviour. It can also interfere with work, relationships and everyday activities and cause depression, anxiety and a range of other problems.

Many people don’t realise that gambling is addictive and can be just as dangerous as a drug or alcohol addiction. There are a number of factors that can make someone susceptible to developing a gambling addiction, including the size of an early big win, the desire for the same experience again, boredom susceptibility, impulsivity, the use of escape coping and stressful life experiences.

It is possible to overcome a gambling addiction, and in doing so, many people report that their lives are improved. They may save the money they would have spent on gambling, or they may be able to pay off debts or other bills. In addition, they might have more time to spend with their family and friends. They might even be able to pursue hobbies or other interests that they had abandoned as a result of gambling.

There are several different ways to seek help for a gambling addiction, from family therapy and marriage or career counselling to peer support programs such as Gamblers Anonymous, which is modelled on Alcoholics Anonymous. Some people also choose to seek treatment through residential rehab or inpatient treatment programs, which can provide a more intensive environment for those struggling with an addiction.

Gambling is legal in most jurisdictions and occurs in a wide variety of settings. While casinos and racetracks are the first places that come to mind when we think about gambling, it can also happen at gas stations, church halls, sporting events or on the Internet. People gamble for a variety of reasons, including socialising with friends, earning extra income and as an outlet for emotions and stress.

The most important thing is to get support. If you’re struggling with a gambling addiction, talk to somebody who won’t judge you, such as a family member or counsellor. You can also reduce risk factors by avoiding gambling venues, keeping credit cards and loans to a minimum and finding alternative recreational activities or hobbies. In addition, it is a good idea to build up your support network by reaching out to other people who aren’t involved in gambling or who have successfully overcome their own gambling problems. If you can’t rely on your usual social groups, try reaching out to colleagues at work, joining a book club or joining a sport or fitness team.