Gambling involves putting something of value at risk on an event with an unknown outcome in hopes of gaining something of greater value. The cost of gambling is not just money, but also time, energy, and relationships. Problem gambling can damage a person’s health, well-being and relationships, lead to legal problems and even homelessness. It can cause financial strain, and may lead to depression or feelings of guilt or shame. It is important to recognize when gambling has become a problem, and to seek help.
Gamblers often enjoy the thrill of winning and the excitement of trying to beat the house. Some people like to bet on sports events such as football games or horse races with friends, and others enjoy playing card games like poker, blackjack, spades and bridge. These activities are known as private gambling because they occur in a personal setting between individuals. In general, these activities are social, fun and involve learning skills such as strategy and tactics.
Research indicates that certain groups of people are at a higher risk for developing a gambling disorder than the general population. These include adolescents, veterans, aging adults, and people from disadvantaged backgrounds (e.g., Latino and Asian communities). Adolescents are particularly at risk for a gambling addiction because the media portrays gambling as glamorous, exciting and a way to get rich quickly.
Many people find that they gamble to relieve unpleasant feelings such as anxiety, boredom, or loneliness. To break this habit, it is helpful to learn healthier ways of relieving these emotions. Some options include exercising, spending time with friends who don’t gamble, and practicing relaxation techniques. It is also helpful to set limits on how much time and money you are willing to spend gambling, and to review bank and credit card statements to ensure that these limits are being met.