Gambling involves a risky and uncertain behaviour whereby money or other material valuables are placed on an event, such as a football match, scratchcard or lottery. The result of the event is determined by chance and is therefore unpredictable. Gambling is a popular activity worldwide, but it can have both positive and negative effects.
While gambling is often associated with increased income, social isolation and mental health problems, studies have also shown positive effects, such as improved self-esteem and a sense of control, and social integration among lower socioeconomic groups. Furthermore, it has been reported that many people use gambling as a way to relieve boredom or stress.
However, in some cases gambling can have serious consequences for the individual’s family and society/community, as well as creating a lot of costs (e.g., social care cost). In addition to these direct effects, gambling can have a negative influence on the economy by increasing the demand for goods and services, for example, through the use of credit cards and loans.
It can be difficult to recognise that you may have a problem with gambling. It is important to talk about your gambling with someone you trust, and to seek help if necessary. There are a number of organisations that provide support, assistance and counselling for people who have a gambling problem. The aim is to help them gain control over their gambling, stop it completely or reduce the damage that it can cause.