Gambling is any activity where money or something of value (for example, a prize ticket) is staked on an event with an uncertain outcome determined at least partly by chance. It can happen in casinos, racetracks, online and at sports events. There are many people involved in gambling – from dealers and odds compilers to marketing and public relations staff. It’s a business that requires big profits and big cheques to be sustainable.
Problem gambling occurs in all demographics, but some are more susceptible than others. Up to 5% of people who gamble develop a gambling disorder, and it’s particularly common among young people and men. Vulnerability increases if there are mood disorders, such as depression, stress or bipolar disorder, which can both trigger gambling problems and be made worse by compulsive behaviour.
If you are concerned that you or someone you know is gambling problem, it’s important to talk about it. Ask for support from family and friends, and seek professional advice. You can also use peer-supported recovery programmes like Gamblers Anonymous, and seek out other activities to fill your time – it’s been shown that physical activity can help with gambling disorder too.
Try to remove the temptations – set boundaries in managing money; take control of family finances; and review bank and credit card statements regularly. Avoid gambling websites and apps on your phone and computer, and remove any auto-fill information that might make it easier to make impulsive financial decisions.