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What is Gambling?

What is Gambling?

Gambling

Gambling is the risking of something of value (money or other assets) on an event that is determined, at least in part, by chance. The hope is that the gambler will ‘win’ and gain something of value. It is not a pleasant or healthy way to spend one’s time, and can have devastating consequences for family, friends, work and health. It has also been linked to substance misuse and depression.

Problem gambling is a serious mental health issue, and has been linked to suicide. It can harm relationships, job performance and study results, cause debt problems and even lead to homelessness. Children as young as seven can develop a gambling problem, and there are a number of ‘risk factors’, including age, gender and family history of disorder. In general, men are more likely to become problem gamblers than women.

The risk of developing a gambling problem increases with the amount of time spent gambling and the type of gambling. Many people who have a gambling problem are not aware they have one, and it can be difficult for family members to know what signs to look out for. Some people begin gambling as a way to self-soothe unpleasant emotions, unwind or socialise, and it can be hard to stop once you start. However, there are healthier and more effective ways to manage moods and relieve boredom, such as exercise, spending time with non-gambling friends, or trying relaxation techniques.

Gambling can be a fun and enjoyable activity, but it is important to remember that you are always taking a chance. If you are worried about your gambling, speak to a GP or counsellor.

While most people think of casinos, slot machines and sports betting when they think of gambling, there are many other forms of gambling. Buying lottery or scratch tickets, playing bingo, online poker, DIY investing and office pools are all forms of gambling.

A person who has a gambling problem will often make repeated unsuccessful attempts to control, cut back or stop their gambling. They will often gamble when they are feeling distressed, and may lie to their family, therapist or employers to conceal the extent of their involvement in gambling. They may also rely on others to provide money to relieve financial situations that have been caused by gambling.

The concept of what it means to be a problem gambler has changed over the years, and has been influenced by developments in research, public awareness and the changing health impacts of gambling. It is now considered a psychological problem and is included in the fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, published by the American Psychiatric Association.