Gambling involves placing something of value on an event involving chance and where instances of strategy are discounted. It may be done with money or anything else of value, such as collectible game pieces (e.g., marbles, Pogs, or Magic: the Gathering cards), a chess piece, or a bet on an animal race. The gambling event must also have a prize.

Gambling is a common activity for many people and can be enjoyable when it’s part of a balanced lifestyle. However, some people develop a gambling addiction that can cause serious problems for themselves and others. A gambling addiction can result in debt, poor health, depression, and strained or broken relationships. It is important to seek help for a gambling addiction if you think you have one or if you’re worried about someone who does.

The understanding of the adverse consequences of gambling has undergone a significant shift. Until recently, individuals who had adverse gambling consequences were thought to have mental illnesses, including a personality disorder, a substance use disorder or a mood disorder, and/or compulsive gambling. The change in thinking has been influenced or stimulated by the various editions of the Diagnostic and Statistical Manual of Mental Disorders (called DSM) published by the American Psychiatric Association.

In addition to seeking professional treatment and support, there are things you can do to prevent gambling from becoming a problem for yourself or your loved ones. Educate yourself about gambling – learn how it works and the risks. Set limits – decide in advance how much you will gamble and for how long. Avoid credit cards, and try to limit online betting.

Seek help for underlying mood disorders – depression, anxiety, or other conditions can trigger or worsen gambling problems and make them more difficult to treat. Find healthier ways to self-soothe unpleasant emotions, unwind, or socialize – such as exercising, spending time with friends who don’t gamble, or practicing relaxation techniques.

Consider marriage, career, and family therapy – they can help you work through the specific issues that have been created by the problem gambling. You can also take over management of the family’s finances to help keep the problem gambler accountable and to ensure that your own financial stability is not at risk. Reach out for support – many families have successfully worked through problem gambling and have rebuilt their lives. It takes tremendous strength and courage to acknowledge that you have a gambling problem, especially if it’s cost you a lot of money or has damaged your relationships. But remember that you’re not alone, and that a lot of other people have managed to overcome this issue. Find a therapist who understands gambling addiction and is experienced in treating it. Start your search now. It’s fast, easy and completely confidential. Psychcentral has a global network of more than 100,000 licensed and vetted therapists. Get matched with a therapist in as little as 48 hours. Start by answering a few simple questions and receive quotes within minutes.