Gambling is an activity in which people place value on random events with the hope of winning something else of value. This can include games of chance that are purely random, and games in which skill can affect the odds. Some gambling activities can be enjoyable and safe when they are used appropriately. However, some people can develop unhealthy behavior patterns that result in problems with gambling.

Problem gambling is a treatable condition. Psychotherapy (which includes a variety of therapy techniques) can help people change unhealthy emotions, thoughts and behaviors that may be contributing to their gambling behavior. Medications are also available, though the U.S. Food and Drug Administration has not approved any medications for the treatment of gambling disorder.

In addition to receiving treatment from a mental health professional, it is important to handle stress in healthy ways, find other enjoyable activities and maintain balance in one’s life. It’s also a good idea to avoid chasing lost money; the more you try to win back what you’ve lost, the more likely you are to lose more.

Many factors contribute to the development of gambling disorders, including personality traits, coexisting mental health conditions and family history. Certain groups are more vulnerable to developing a gambling disorder, such as adolescents and men. A person’s risk of developing a gambling disorder is also affected by their income; those with lower incomes have more to lose than those with more wealth.