Protect Yourself From the Risks of Gambling

Gambling occurs whenever a person stakes something of value, such as money, on an event that relies on luck to determine the winner. It can take place in casinos, racetracks, gas stations and on the Internet. It is important to understand how gambling works to protect against its risks.

There are many factors that contribute to gambling problems, including family history, personal traits and coexisting mental health conditions. People may also be more likely to gamble if they experience certain situations, such as stress, alcohol use or boredom.

Some signs of a problem include lying to friends and loved ones about gambling activities, hiding or selling assets to fund gambling, or continuing to gamble even when it negatively impacts a person’s finances, work, education or personal relationships. In addition, those with a gambling disorder often feel compelled to gamble because of the rewarding effects on their brains. When they do, their bodies produce a chemical that makes them feel good.

If you are concerned about a loved one’s gambling habits, it is important to talk to a professional. A GP or psychologist can provide advice and refer you to a specialist or support service. It is also important to help them find healthy ways to cope with stress and boredom, such as extracurricular activities, exercise or hobbies. These activities are better than turning to poker machines, the lottery, scratchy cards or sports betting. It is also helpful to have a bankroll, so that you can set limits on how much time you spend gambling.

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