Gambling Addiction
Many people gamble responsibly and enjoy the thrill of a win, but there are those who become addicted to gambling. In 2013, pathological gambling was officially recognised as an addiction, and it is now included in the Diagnostic and Statistical Manual of Mental Disorders (DSM-5).
Gambling involves wagering something of value on a random event with the hope of winning more valuable or worthwhile goods or services. It has been practised throughout history, with the first evidence of gambling being found in China in 2,300 B.C. with the unearthing of tiles which were believed to be used in a rudimentary form of lottery-type game.
The benefits of gambling include economic activity, which boosts a country’s GDP and contributes to job creation in the gaming industry. Additionally, gambling provides socialisation opportunities. It is a common pastime for groups of friends and families, who may play together or compete against each other. Some games also help develop certain skills, such as pattern recognition and math, and require players to adopt strategies.
However, gambling has its costs as well. These cost can be monetary, labor and health-related. At the personal and interpersonal level, the invisible costs of gambling can lead to relationship and family problems. They can also lead to financial difficulties, where the gambler spends more money than they have.
The negative impacts of gambling can be reduced by providing more effective treatment. However, it is also important to note that the positive aspects of gambling, especially for older adults, can improve a person’s quality of life.