Gambling is betting something of value, with an element of risk and the prospect of gain, on an uncertain event whose outcome depends at least partly upon chance. It does not include recreational activities such as sports, television shows or horse races that may involve skillful strategies, or activities where risk is low and the probability of loss is high, such as lottery games, fruit machines and casino games.
Gambling can cause significant financial problems, including debt, credit-card debt, and bankruptcy. It also increases the risk of depression and suicide. Problem gambling is a serious disorder that can be treated with effective medication, therapy and support. If someone you know has a gambling problem, it’s important to talk to them about it and offer help. It’s also important to learn about the different types of treatment available and to check if there are any local resources that can help.
Some people are more at risk of developing a gambling problem than others. Men tend to be more vulnerable than women, but this could be because women gamble less or because there are a number of other factors that may increase a person’s risk of gambling problems (see the Royal College of Psychiatrists website). Having a family history of mental illness and having a personal experience of addiction can also increase a person’s risk.
A person can develop a gambling problem at any age. However, it’s usually adults in their 30s who become most prone to gambling problems. Children as young as seven can struggle to control how much time they spend playing video and mobile games, which often require micro-transactions and payments.
Research suggests that some people are genetically predisposed to thrill-seeking behaviour and impulsiveness, which can lead them to take risks. It’s also thought that there are differences in the way certain brain regions process reward information and control impulses, which may affect a person’s ability to weigh up risks.
Many governments legalise or heavily regulate gambling, and generate a significant amount of tax revenue as a result. This has led to a close relationship between gambling companies and some governments.
Some people are unable to control their gambling behaviour and find it hard to stop, even when they are having problems with money or relationships. In these cases, it’s important to get help and support from friends, family or a peer support group. A good option is Gamblers Anonymous, a 12-step recovery program based on Alcoholics Anonymous. Other supports include your employer or workmates, an addiction counselling service and a community organisation such as a church or charity. You can also try volunteering or joining a club or book club, so that you have new hobbies and interests to replace your gambling habits with. You can also seek help from a specialist in the area of gambling disorder. They can assess your situation and recommend the best course of action for you. They can also give you tips about how to overcome your addiction, such as keeping track of your spending and staying in contact with family and friends.