Gambling is any form of betting in which a person stakes something of value (money, goods or services) against an uncertain outcome. This includes activities such as lottery, casino games, sports betting, scratch tickets and online gambling. While the risk of developing problem gambling can vary by individual, any form of gambling carries an inherent element of risk and can cause serious harm.
Gambling can trigger a variety of emotions and can be difficult to control. It may also mask underlying conditions such as depression, anxiety and/or substance abuse. In addition, gambling can be a major source of stress in relationships and can lead to feelings of guilt or shame.
People can become secretive or lie about their gambling, and can even start hiding money from family members. They may begin to feel they are on a roll and will be lucky enough to win back what they have lost, but this is the classic gambler’s fallacy. This can quickly spiral out of control and can result in even more loss.
When a loved one has a problem with gambling, it is important to get help. Seek professional assistance, such as a therapist or support group. It is also important to set boundaries in managing money. Taking control of family finances and reviewing bank and credit card statements are essential first steps. You can also seek help for underlying mood disorders such as depression or anxiety. Addressing these problems can reduce the urge to gamble and improve your quality of life.
