Gambling can be a fun way to spend time with friends or family, but it can also lead to serious problems. It can interfere with relationships, performance at work or study and leave people in debt and possibly homeless.
Identifying problem gambling is difficult, and often it takes a loved one to help you spot a potential issue. If you are concerned that a loved one is gambling excessively, it’s best to seek help sooner rather than later.
The Definition of Gambling
Gambling is the wagering of something of value on a random event with the intent of winning something else of value. It requires three elements: consideration (an amount wagered), risk (chance) and a prize.
Many forms of gambling are available around the world, including lotteries and sports betting. Legal and illegal gambling is a major source of revenue worldwide.