Gambling is an activity in which people risk something of value (money, goods, or services) by predicting the outcome of a random event that is determined at least partly by chance. It can also be a social activity, when people place bets with others or on teams in sports or other events. Most people who gamble do so without problems, but for some the activity can become a serious addiction. Problem gambling can strain relationships, interfere with work, and lead to financial disaster. It can also cause health problems, including depression and anxiety.

In addition to its entertainment value, gambling can be a rewarding activity for those who are skilled at the game. When you shoot a basket in a basketball game, for example, your brain produces dopamine in response to making a successful shot. This is one reason why many people enjoy playing games like basketball, chess, and poker. However, a person may develop a gambling addiction when these activities become a substitute for healthier, more productive ways of dealing with boredom or stress.

The occurrence and extent of gambling problems is not fully understood. But it is known that at least 2.5 million U.S. adults (1%) meet the diagnostic criteria for a gambling disorder as defined in the DSM-5 (American Psychiatric Association 2000). And 5-8 million more people have mild to moderate gambling problems. Problem gambling can affect people from all walks of life and ages, and it occurs in a variety of settings and forms. Some common types of gambling include betting on sports or other events, using scratch cards and other lottery-type products, and taking part in online casino or slot machine games.

There are a number of things you can do to help manage your gambling habits or the gambling of someone close to you. First, set time limits for gambling and stick to them. Make sure you don’t gamble on credit or loans, and keep gambling separate from other enjoyable activities. Avoid chasing losses, as this often leads to even bigger losses.

Find healthy ways to relieve unpleasant feelings, such as exercise, spending time with friends who don’t gamble, or trying relaxation techniques. Learn to recognise the warning signs that your gambling is getting out of control. For example, do you feel the need to be secretive about your gambling or lie about how much money you are spending? Do you find yourself increasing your bets in an attempt to win back your losses? Do you steal to fund your gambling? These are all signs that you should seek help. There are a number of organisations that offer support, assistance and counselling for people who have issues with gambling. This can range from helping the person to control their gambling to assisting them to quit altogether. Some of these organisations also provide help to family and friends of people who are gambling problem.