Gambling is the risking of something of value, usually money, on an event whose outcome is based largely or entirely on chance. It has occurred in virtually all societies since prerecorded history, and it is incorporated into local customs and rites of passage. Gambling can be legal or illegal, and the amount of money legally wagered each year is estimated to be about $10 trillion worldwide. Lotteries and state-licensed gambling in casinos are commonplace, and many countries offer organized football pools, horse race betting, and other sports wagering.
Although some people gamble for fun, it can become serious and result in problems such as financial hardship, debts and social isolation. Often, those who have gambling problems will lie to friends and family, hide credit card or loan accounts, and use pay day loans to cover their expenses. This can have a negative effect on relationships and may lead to feelings of guilt and shame. It can also cause depression and anxiety, and many people with a gambling problem will isolate themselves from their families, friends, work colleagues and community.
People who have a gambling problem are at increased risk of developing mental health disorders, such as major depressive disorder, bipolar disorder or borderline personality disorder. They also are more likely to develop substance use disorders, such as cocaine or heroin addiction. In addition, they are at increased risk of committing crimes such as assault and robbery and can experience domestic violence. They are more likely to experience stress, anxiety and suicidal thoughts.
Pathological gambling is a serious mental health disorder that affects many people throughout the world. It causes significant damage to the physical and emotional well-being of individuals, communities, and economies. It increases the risks of crime and corruption, and it can have negative effects on health and society as a whole.
Understanding the causes of pathological gambling has undergone a profound change in recent times. Historically, individuals who had adverse consequences from gambling were viewed as swindlers or cheats; today they are understood to have psychological problems. This change has been reflected or stimulated by the evolving clinical classification and description of pathological gambling in various editions of the Diagnostic and Statistical Manual of Mental Disorders (called DSM) published by the American Psychiatric Association.
If you think you have a gambling problem, it is important to seek help. Speak with someone who will not judge you, such as a friend or professional counsellor. Reduce the risk factors that can lead to gambling, such as using credit cards and borrowing money. If you do gamble, set some goals to help you manage your spending habits. Find other recreational activities and hobbies to socialise with, and avoid gambling venues as much as possible. It can be difficult to overcome a gambling problem, but it is possible to break the cycle and live a healthy life. For more information and support visit our Getting Help page.