Gambling involves betting something of value on a random event with the intent of winning something else of value. There is no skill involved, and the game is not necessarily fair. There are many ways to gamble, including lotteries, scratch cards, casinos, online games, and betting with friends. While gambling can provide feelings of excitement and euphoria, it can also be very risky.
It is important to know the signs of problematic gambling so you can be proactive about addressing it. Some people can manage their gambling problem on their own, but others need professional help. People who have a problem may:
Frequently lies to family members, therapists, or employers to conceal the extent of their gambling; Often loses control over money matters and cannot stop spending or even put a limit on their spending; Relies on other people for money to fund his or her gambling; Thinks that they can get back their lost money by playing more (known as “chasing losses”); Feels restless or irritable when trying to reduce or stop gambling; Needs more and more money to feel satisfied with gambling.
Gambling is a dangerous addiction that can lead to serious problems for your health, relationships, and career. Fortunately, there are many ways to prevent gambling addiction and manage it when you do have it. For starters, only gamble with disposable income and never with money that you need to pay your bills or rent. Set financial boundaries — get rid of credit cards, have someone else manage your finances, close online betting accounts, and keep only a small amount of cash on you when gambling.