Gambling involves wagering something of value on a random event with the intent to win something else of value, where instances of strategy are discounted. Many people gamble for fun, profit or as a form of entertainment, but when gambling becomes problematic it stops being about the entertainment and turns into an escape from reality. This can cause problems in the long run, especially if it becomes habitual and leads to an increase in losses. People with problem gambling tend to have genetic or psychological predispositions that make them prone to addiction. They also experience dramatic alterations in the way their brain sends chemical messages, which can lead to increased risk-taking behaviour.
It is important to remember that gambling can affect people from all walks of life and it is not just about the money. It can have a profound effect on a person’s mental health, relationships and overall well-being. These effects can be split into negative and positive impacts, which can be categorised as costs and benefits. These impacts are then further broken down into personal, interpersonal and societal/ community levels.
Negative impacts include petty theft from significant others, illicit lending, and even physical violence [64]. It is also known that pathological gambling is linked to depression, anxiety, suicidal thoughts and suicide itself. It is important to recognise and address these issues before they spiral out of control. It is possible to find healthier ways to relieve unpleasant feelings and boredom, such as exercising, spending time with friends who don’t gamble or taking up a new hobby.