Gambling is the betting or staking of something of value, with consciousness of risk and hope of gain, on the outcome of a game, contest, or an uncertain event that has an element of chance. Gambling includes any activity involving placing a wager or an investment of any kind, including online gambling, lotteries, horse races and other sports events, and games of chance such as cards, dice and roulette. Gambling can have positive effects, such as relaxation and a break from everyday routines, but it can also lead to negative consequences if it becomes compulsive.
People may be more likely to develop a gambling disorder if they are genetically predisposed to thrill-seeking behaviours or impulsivity, or if they have underlying mental health problems such as depression or anxiety. Culture can also play a role, with some communities embracing gambling and others avoiding it.
Signs of a gambling problem include: (1) lying to family members or therapists about how much time or money is being spent on gambling; (2) concealing credit card statements; (3) hiding money, chequebooks and other items that may be used for gambling; (4) refusing to accept losses; (5) trying to win back lost money by gambling more (this is called “chasing”); (6) stealing, embezzlement or fraud in order to fund gambling; and (7) jeopardising work, relationship, education or career opportunities because of gambling (American Psychiatric Association, 2000).
If you or someone you know is experiencing these symptoms, there are many resources available. Consider contacting a local Gamblers Anonymous meeting, or speak to a doctor or therapist who can help you find local treatment and support services. Often, these programs provide intensive residential or inpatient treatment for those with severe gambling addictions.