Gambling is wagering something of value on a random event in the expectation of winning a prize. It’s a high-stakes game that puts people on a financial rollercoaster — shouting “Woohoo!” when you win and “Uh-oh!” when you lose. There are many different types of gambling, from the state-run lotteries in most countries to organised football pools and betting with friends. But whether you’re in a twinkly casino or on your sofa, gambling is a risky activity with significant costs and benefits.

Gamblers incur both internal and external costs that may be invisible on a personal level. These include the loss of money and social activities that gamblers once enjoyed, as well as the financial burden on loved ones. At the community/society level, gambling can cause harm to others through the indirect effects of increased debt and escalating to bankruptcy and homelessness.

If you’re concerned that your or someone else’s gambling is getting out of control, seek help by talking to a trusted friend, seeking non-judgemental support from GamCare or trying our quick self-assessment and support finder below. Make sure you balance your gambling time with other enjoyable activities and don’t gamble on credit or spend more than you can afford to lose. Avoid chasing lost money, as this will only lead to bigger losses. And don’t start gambling when you are depressed or upset — these situations can lead to uncontrollable gambling behaviours. This page was last updated on 18 March 2021.