Gambling involves risking money or something of value on an event whose outcome is determined by chance. This could be by buying a lottery ticket, betting on sports or horse races, or playing the pokies. Often the gambler is seeking to win more money than they have invested. While some people can stop gambling on their own, many need help to do so and are at high risk for developing a gambling disorder. Gambling disorders can lead to family discord and strained or broken relationships. It can also lead to financial problems and credit difficulties.

There are several types of therapy that can be used to treat gambling disorders. Cognitive behavioral therapy is one such approach. This type of therapy focuses on changing thinking patterns and behaviors to reduce the urge to gamble. In addition, psychodynamic therapy can be helpful for those who have underlying issues that contribute to their gambling addiction.

Other approaches focus on teaching coping skills. These techniques may include learning to identify and manage negative emotions, practicing relaxation techniques, and finding healthier ways to socialize. These strategies are particularly effective for those with a co-occurring mood disorder, such as depression or anxiety.

Research is ongoing to better understand the underlying causes of gambling disorders. Longitudinal studies, which follow a group of people over time, are an important part of this effort. They allow researchers to see how a person’s gambling behavior changes over time and to compare the results of different treatment approaches.

The current understanding of gambling disorders has undergone a significant shift. Whereas previously, individuals who suffered adverse consequences from gambling were viewed as irrational, they are now seen as having psychological problems. This shift is analogous to the change in how alcoholics are perceived and treated.

People who develop a gambling disorder often have family members with the same problem. These individuals tend to start gambling at a younger age and are more likely to be men than women. They also may have a history of trauma or other life events that increase their vulnerability to gambling. They are also at higher risk for a gambling disorder if they live in poverty.

In general, people who have a gambling disorder are not able to control their gambling and spend more than they can afford to lose. They are also likely to hide their gambling and lie about it. They are also likely to try to make up for their losses by spending even more on gambling.

Although it is very difficult to admit that you have a gambling problem, it is the first step to recovery. Many people have been able to overcome their gambling addiction and rebuilt their lives. The key is to get help from a trained professional. It can be helpful to join a support group and learn about the different types of treatments that are available. A therapist can also teach you how to set financial limits and stick to them. You should never gamble with money that you cannot afford to lose.