What is Gambling?

Gambling is the wagering of something of value (like money or property) on an uncertain event whose outcome depends partly on chance. People who gamble engage in activities that are either completely random, such as games of marbles or pogs, or those where skills may improve the odds of winning, such as card games or racing. In the United States, gambling is regulated by state and federal laws.

Some people who gamble do so for fun and excitement. They enjoy the feeling of euphoria that is associated with gambling and dream of winning big. They also may gamble to relieve stress or socialize with friends. Some research has shown that gambling can provide relief from depression.

Other people develop a problem with gambling because of negative consequences to themselves or others. They might lose money and ruin their financial security. They might jeopardize a relationship or career. They might even get into trouble with the law because of their gambling.

Vulnerability to gambling disorders increases with age, and men and young people are more likely to have a disorder than women or older adults. It is also common for people with low incomes to develop a problem because they have more to lose than those with higher incomes.

Getting help for gambling disorders is difficult because of the stigma attached to them and the difficulty in admitting that there is a problem. However, it is possible to overcome a gambling problem with the support of family and friends. It is also helpful to set boundaries in managing money; review bank and credit card statements; and seek professional treatment.