Gambling is the wagering of something of value on a random event with the intent of winning something else of value. It includes casino games, betting (e.g. football accumulators and other sporting events), scratchcards, lottery tickets and speculating on business, stock markets and elections. It can be both a fun and a lucrative activity, but it is important to balance it with other activities that are less risky.
Approximately three to four percent of people report problems with gambling, and the harms associated with gambling can affect the whole family. Problem gambling can lead to relationships, health, financial and work problems. It can also cause people to hide their spending and even lie about it. There are a number of organisations that offer support, assistance and counselling for people who have concerns about their gambling behaviour.
Although the majority of gamble responsibly, some individuals develop addictions and end up incurring debts that impair their ability to support themselves. The causes of gambling addiction include biological, environmental and social factors. Some people are genetically predisposed to high-risk behaviour, while others have an underactive brain reward system or may be impulsive. Other contributing factors can include stress, depression and family or peer pressure.
There are a number of ways to help prevent problematic gambling, including building a strong support network and finding alternative recreational activities. You can also try reducing your gambling intensity and frequency, and take steps to manage your money more effectively. In addition, you can seek help from family therapy or other professional services such as credit, career or relationship counselling. You could also try a self-help program such as Gamblers Anonymous, which is based on the 12-step model of Alcoholics Anonymous.
