Gambling involves placing something of value at risk, such as money, on an event that has some element of chance or uncertainty in the outcome. This can be done through various activities, such as lotteries, cards, bingo, casino games, sports events, horse races, animal tracks, dice, and roulett. The goal of gambling is to win a prize that is greater than the amount placed at risk.
Like any other addiction, the first step in getting help for a gambling problem is admitting there is one. This can be difficult, especially when the habit has cost you money or strained your relationships. But many people are able to break the habit with the help of family and friends, as well as professional therapy, which can include cognitive behavioral therapy, psychodynamic therapy, and group therapy.
Despite the popularity of gambling, it does have some negative impacts on individuals and society as a whole. It can have both monetary and nonmonetary costs, including invisible individual or personal costs, as well as external costs at the community/society level (Fig. 1). The latter are those that influence the lives of others, such as increased debt or financial strain on gamblers’ families or negative social outcomes such as criminal activity, unemployment and poverty.
The most important thing to do when trying to overcome a gambling problem is to have a support network in place, such as family and friends. If this is not available, there are many peer-support groups that can offer help and guidance, such as Gamblers Anonymous, a 12-step recovery program modeled after Alcoholics Anonymous.