Gambling involves risking something of value on a random event in the hope of winning something else of value, such as money or goods. It can take many forms, including casino games, sports betting and lotteries, as well as online gambling. It is a common activity around the world and, for some people, it can lead to problems such as debt and addiction.
The first step to overcoming a problem with gambling is recognising that you have one, which can be difficult, especially if you have lost significant amounts of money or strained or broken relationships. Getting help is also important, whether that’s through therapy or other self-help options. You can also join a peer support group such as Gamblers Anonymous, which is modelled on Alcoholics Anonymous and provides guidance and support to people with gambling disorders.
While many people gamble for fun and enjoyment, it can become dangerous if you are not in control of your spending and are not managing the risks. Gambling is not a skill and there is no guarantee that you will win. It is important to remember this before you start playing and try to budget your gambling expenses. Only gamble with disposable income, not money you need to pay bills or rent, and never borrow to gamble. You should also consider limiting the time you spend gambling and try to find other activities that fill the gap.
A key risk factor for gambling is mood disorders, such as depression or anxiety, which may trigger or be made worse by gambling. It’s worth talking to your GP or psychologist about the possibility of these conditions and what steps you might need to take to manage them.
It’s also important to know your rights when it comes to gambling. In Australia, you have the right to choose where and how you gamble, and you have a responsibility to act responsibly. This includes knowing how much you’re likely to win and not making reckless bets or placing multiple bets on the same outcome.
Having a family member with a gambling problem can be stressful and it’s important to seek support. Counselling can be helpful in understanding gambling, thinking about how it affects a person and their family and resolving problems. It can also help you to learn about how your loved one’s mental health might be affecting their gambling behaviour. It’s also a good idea to set boundaries in terms of managing your loved one’s finances and not allow them to spend any money on gambling. This will prevent them from chasing their losses and can also make them feel better about themselves.
