Gambling is the staking of something of value with consciousness of risk and hope of gain, on an event that has a random outcome. This includes betting on sports, horse races and lottery games. It also involves playing table games and using card skills. Gambling is often a form of entertainment, but some people have trouble controlling their gambling and can become addicted. This is known as problem gambling. People who gamble may do it to feel rewarded, to escape unpleasant feelings, or because they have poor money management skills. This can lead to debt and family problems. People who have mental health conditions may also be at risk of gambling harmfully.

Gambling provides economic benefits, including increased tax revenues, tourism and job creation. It can also be used as an educational tool to teach maths, pattern recognition and critical thinking. In addition, it provides a social space for people to unwind and meet new friends.

Similarly, negative economic impacts include increased police costs and crime rates associated with gambling. It can also lead to a decrease in employment for businesses that serve the gaming industry, such as restaurants and bars. Moreover, people with gambling disorders often hide their addiction from their loved ones or lie about how much they are spending.

Family and friends can help someone with a gambling disorder by offering support and encouraging them to take up healthy activities, such as physical activity and socializing with non-gambling family and friends. They can also help them find treatment and counseling services. Framing the issue as a health matter can reduce resistance to offers of help.