Gambling is risking something of value on an event whose outcome is determined by chance. It can be as simple as playing a slot machine at a casino or betting on sports events with friends. Gambling is regulated by state and federal laws.

People who have problems with gambling can experience serious financial and emotional consequences, including debt, addiction, ruined relationships, health issues and even unemployment or homelessness. Problem gambling is often considered to be an underlying cause of alcohol and drug misuse, depression, anxiety, suicidal ideation and other mental health issues.

People who have problems with gambling can be helped to stop by talking therapies, usually cognitive behavioural therapy (CBT). CBT looks at the way that someone thinks about gambling, for example, they might believe that they are more likely to win than they actually are, or that certain rituals will bring them luck. It also considers the beliefs and emotions that people may have about gambling, such as guilt or shame. Having these feelings can prevent someone from discussing their gambling with others or asking for help. It can also lead to them hiding their gambling or lying to family and friends about how much they are spending. The CBT also helps them to understand the role of alcohol and other drugs in their behaviour. This can reduce their resistance to treatment and make them more willing to accept it. The CBT also teaches them to recognise triggers, such as stress or social situations, that can cause them to gamble.