Gambling is risking something of value, such as money or goods, on a random event that has some chance of producing a result. If you guess correctly, you win the prize; if not, you lose. Gambling is a common activity and can be fun, but it can also become problematic. Problem gambling is often linked to other mood disorders like depression, anxiety and stress.
Gambling does not discriminate and can impact anyone who gambles, regardless of economic status, social standing or culture. However, some people are at greater risk for developing a gambling addiction, including children and teenagers. Certain genetic, environmental and medical conditions may increase a person’s risk for gambling problems.
Do you often gamble when you’re lonely or bored? Or after a stressful day at work, or after an argument with your spouse? Many people start to gamble as a way to self-soothe unpleasant feelings, unwind or socialize, but it’s important to learn healthier ways to relieve these feelings.
Having an addiction to gambling can affect your family life, job, health and relationships. If you or someone you know has a gambling disorder, it’s important to get help. Talk to a counselor or visit a support group. If you’re managing the finances for a loved one with a gambling addiction, set boundaries in managing money. Ensure that their credit cards aren’t accessible, keep a limited amount of cash on hand and close online betting accounts. This will help you prevent impulsive behavior and protect your own finances.