Gambling involves a wager of something of value on an event the outcome of which is determined at least in part by chance. It is estimated that global legal gambling generates $10 trillion in revenue per year (illegal gambling likely exceeds this figure). People engage in a variety of forms of gambling, from betting on football matches and horse races to lotteries and casino games. Some governments ban or heavily control gambling, while others promote it and tax it, such as Monaco and Macau, China.
It is important to recognise the warning signs of gambling problems. These can include hiding or lying about gambling activity, secretly spending money you don’t have, and chasing losses (trying to win back the money lost). You may also be secretive about your problem, feeling that others won’t understand or that you will surprise them with a big win.
It is difficult to know when gambling has gone too far, as it can feel like a fun and exciting way of spending time. However, many organisations offer help and support for those who find themselves in trouble. These services can provide advice, counselling and assistance to those affected by gambling problems, including their family and friends. They can also assist in finding treatment for underlying mood disorders that may be making you more vulnerable to gambling problems. This includes depression, anxiety and stress. You may also benefit from seeking help if you have a history of substance abuse, which can also trigger and make gambling problems worse.