Gambling is a form of risk-taking wherein you place something of value, such as money or material possessions, on an event with a random outcome. This can be done on a casino floor, in the sports arena, at a race track or even over the internet. There are a variety of laws and regulations surrounding gambling that protect consumers, maintain fairness, and prevent exploitation.
People gamble for a variety of reasons, from the thrill of winning to socialising and escaping worries or stress. However, it is important to recognise when it becomes a problem and seek help. If you find yourself lying to others about your gambling, hiding cash, or chasing your losses (trying to win back what you’ve lost), this could be a sign that you have a problem.
If you’re not in a mental health crisis, you can also speak to someone for non-judgemental advice by calling the GambleAware helpline on 0800 292 8255. Alternatively, there are many support groups and treatment options available. You can also speak to a therapist online via BetterHelp, who will match you with an expert who can help you tackle depression and anxiety.
Remember that gambling is not a profitable way to make money. It is important to understand this and create boundaries for yourself. Start with a fixed amount that you’re prepared to lose and set a time limit for how long you want to play. Don’t use credit cards, and avoid chasing your losses – this only leads to bigger losses.