Gambling Disorders

Gambling involves risking something of value, such as money or property, on an event that is based on chance. It is an activity that can cause serious financial problems for people who are not careful. There are many types of gambling, including lotteries, scratchcards, video games, sports betting and the pokies. Some forms of gambling are legal and some are not. People who have a problem with gambling may experience emotional distress, such as anxiety or depression. This can lead to other problems, such as family conflict, work difficulties, loss of a job or even suicide. People with a gambling disorder may also lie to their family, friends and therapists in order to conceal the extent of their involvement in gambling. They may also use illegal activities such as forgery or theft in order to finance their gambling habit.

A person can develop a gambling disorder if they engage in a behavior that is compulsive or addictive. They may show the following symptoms:

The prevalence of gambling disorders is increasing. The availability of gambling opportunities has increased dramatically over the past few decades. Once limited to casinos in Las Vegas and Atlantic City, now there are lottery outlets, online gaming sites, virtual horse racing, social media wagering and mobile phone applications that offer bets on sporting events. In addition, more and more young people are engaging in gambling. Up to 5% of adolescents and young adults develop a gambling disorder, according to some researchers. Those with low incomes are particularly susceptible to developing a gambling disorder because they have less to lose and more to gain with a big win. Men and boys are more likely to develop a gambling disorder than women.

While some gamble for the thrill of winning, others do it to relieve boredom or stress, to change their moods or to socialize with friends. They may be addicted to the feeling of euphoria that they get when they gamble. Some people with mood disorders, such as depression, anxiety or substance abuse, also have a tendency to gamble excessively. These underlying issues need to be addressed in order to stop gambling from becoming a harmful behaviour.

Some of the most important factors in controlling one’s gambling are self-control, planning and time management skills. It is helpful to plan how much disposable income you can set aside for gambling, and to only gamble with this amount. It is also helpful to limit the number of times per week you will gamble, and to set limits on how long you will spend gambling. It is also helpful to make sure that you have an exit strategy in case things are going wrong, such as setting a timer or an alarm to remind you when it’s time to quit. It’s also worth putting some effort into researching the game you’re playing, as this will help you to make smarter choices and increase your chances of winning. This is especially important for newer games that are less familiar to you, such as a slot machine.