The Gambling Model


Gambling is the act of betting something of value on a random event. It requires three elements to be present: consideration, risk and a prize.

Benefits and costs of gambling are categorized into three classes: financial, labor and health, and well-being impacts that manifest on personal, interpersonal, and societal levels. The model also accounts for temporal and cross-level impacts.

Negative effects of gambling include the loss of money, relationships, and performance at work or studies, as well as legal and financial problems. Some people become addicted to gambling and need help or treatment.

Problem gambling affects the lives of over half the population in the UK, causing harm to family and friends. It can lead to financial difficulty, serious debt, homelessness and even suicide.

Psychological disorders and conditions, as well as coping styles and social learning, can make individuals more susceptible to harmful gambling behaviour.

In addition, the environment and community in which someone lives may influence their approach to gambling. For example, if there are a lot of nearby casinos or high-stakes games, they may be more likely to gamble.

To minimize negative gambling impacts, policymakers should take into account the full spectrum of gambling impacts, including social and economic, as well as mental health and behavioral factors. This will allow them to choose a gambling policy that reduces social and economic costs and benefits the most. It will also ensure that a wide range of stakeholders can participate in shaping policies.