Gambling involves risking something of value in the hope of winning something else of value. It can be done in many settings, from casinos and racetracks to gas stations, church halls, and sporting events. It has been an integral part of human culture throughout history and, for some, is a way to satisfy a range of basic needs.
While the majority of people gamble for entertainment, a smaller group becomes too involved and continues gambling despite serious negative personal, family, and financial consequences. This is known as problem gambling and meets criteria for pathological gambling. Problem gambling is associated with feelings of helplessness, guilt, depression, and anxiety; it can lead to legal violations such as forgery, embezzlement, and theft, and can jeopardize relationships, work, and education. It can also result in a desperate financial situation that requires reliance on others for money to finance gambling.
Several ways to prevent problems with gambling are to keep gambling time limited, to never gamble on credit, and to balance it with other activities such as socializing, hobbies, work, or school. It is also important to avoid chasing losses because the more you try to win back your money, the more likely you are to lose it again. If you feel you are struggling with a gambling problem, don’t hesitate to seek support. You can find non-judgemental support by calling the GamCare helpline. Alternatively, you could talk to your GP, psychologist, or mental health specialist.