Gambling is the wagering of something of value on an event whose outcome is determined by chance, with the intention of winning something else of value. Examples of gambling include card games, board games played for money, betting on sports events, and lottery-like activities such as bingo, dead pool, or lotteries. Commercial establishments such as casinos and racetracks may organize these types of gambling activities. Professional gamblers typically specialize in a single game or type of gambling and apply a high degree of skill to win consistently over the long term.

While gambling has been around for centuries and has been suppressed by law in many countries, recent decades have seen a relaxation of laws against gambling and a general change in public attitudes towards it. Despite the legality of gambling in some areas, it remains a risky and addictive activity for many people.

There are several effective treatments for gambling disorders, including therapy and self-help groups such as Gamblers Anonymous. Some medications are also available to treat underlying mood disorders that can trigger or make worse gambling behavior. Getting help early on is important to avoid long-term damage.

The first step in overcoming a gambling addiction is to recognise that there is a problem. This can be difficult, especially if your gambling has cost you a significant amount of money and caused strained relationships. The next step is to set financial and time limits on how much you will spend gambling. Never chase your losses, as this will almost always lead to bigger and bigger losses. Finally, try to find healthier ways of relieving unpleasant emotions or boredom. This can be done by spending time with non-gambling friends, exercising, or by practicing relaxation techniques.