Gambling is the wagering of something of value (money or anything else) on an event whose outcome is based on chance, where instances of skill are discounted. People gamble for many reasons, including the possibility of winning money. They may also enjoy the euphoria that comes from winning or the social aspect of betting with friends. Regardless of their motivation, gambling can have serious consequences for a person’s life. It can affect their mood, health, relationships, work and performance at school or at work, or even cause them to miss work altogether. It can also lead to serious debt or even homelessness.

Problem gambling, or pathological gambling, is the most severe form of gambling. It causes a variety of negative effects, such as depression, anxiety, substance misuse, and suicidal ideation. In addition, it can interfere with work and family life, causing arguments, missed deadlines, and financial difficulties. Several studies suggest that pathological gambling is more common than previously thought, and that it is associated with other mental health problems.

Despite its negative impact, there are ways to manage gambling addiction. One way is to seek help from a therapist. There are a number of online therapy services that can connect people with therapists who specialize in gambling addiction. These services offer a free assessment and can match you with a therapist within 48 hours.

Another way to cope with gambling addiction is to build a support network. This can include friends and family, as well as a recovery group such as Gamblers Anonymous, which follows the 12-step model of Alcoholics Anonymous. Recovery groups are a good way to get peer support and can help you stay motivated to overcome your addiction.

In some cases, a person with a gambling problem will need inpatient or residential treatment to recover. These programs provide round-the-clock supervision and help a person break their addictive behavior. They can also teach a person healthier coping mechanisms and give them skills to deal with their urges. Inpatient or residential treatment programs are typically offered by private facilities, but some are available through state-funded treatment programs. There are also some non-profit organizations that offer free or low-cost inpatient or residential treatment. Many of these programs are available in multiple countries around the world, making it easier for people with gambling problems to access treatment. Some of these programs are staffed by a multidisciplinary team, including psychiatrists, psychologists, and nurses. Others are run by volunteers with experience in recovery from gambling addiction.