Gambling involves risking something of value on an activity based on chance with the hope of winning a prize. Gambling has existed in virtually all societies since prerecorded history, and it is often incorporated into local customs and rites of passage. Although gambling is an enjoyable activity for many people, a small subset of gamblers develop an addictive disorder that can damage their physical health and mental well-being, relationships, job, education, or performance at work. It can also jeopardize their finances, place them in debt and even cause bankruptcy.
A person is considered to have a gambling problem if they: (1) has a desire to win more money than they have; (2) spends more time and money on gambling than they can afford; (3) feels guilty or ashamed about gambling; and (4) engages in illegal activities (forgery, fraud, theft, embezzlement, etc) to fund their gambling. This is a serious problem that affects a large number of people worldwide, and can be very hard to overcome.
There are a few things you can do to help if someone you know has a gambling addiction. Speak to a counselor to discuss local referral resources for gambling counseling or intensive treatment programs. You can also seek therapy for underlying mood disorders, such as depression, anxiety or stress, which may be triggered by gambling or made worse by it. Finally, set boundaries in managing money and take control of family finances, close online betting accounts, and review bank and credit card statements.