Gambling is an activity in which you stake something of value – money, possessions or even your reputation – on the outcome of a contest that involves chance and requires skill. It can be as simple as betting on a horse race, as complex as putting your money down on a multimillion-dollar slot machine, or as passive as purchasing a lottery ticket. However, a new study suggests that online video games are also considered gambling if players can exchange virtual currency for real-world prizes that can increase in value over time.
The study was published in the journal Nature Human Behaviour. Its authors reviewed 22 popular and recently released games rated by the Entertainment Software Ratings Board (ESRB) as appropriate for people ages 17 and younger. They watched online videos of players opening loot boxes, which are rewards in video games that contain items or credits that can be used to buy additional features. The researchers found that most of the games analyzed fell within the definition of gambling.
According to the study’s authors, the lack of research on gambling’s impact on health means that the potential for harm is often underestimated. They explain that a more accurate definition of gambling will help healthcare professionals understand the implications and assess whether it may pose harms for their patients.
The authors also point out that a clear definition of gambling will help to create responsible gambling measures. The current state of gambling regulation is in flux, and some states have passed legislation to limit or ban the sale of electronic gaming devices and video game-related advertising, while others have taken a wait-and-see approach to how technology might affect gambling.
There are many reasons why a person might gamble, from boredom to the hope of winning big. But gambling isn’t always fun and can have serious repercussions on relationships, jobs and health. It’s important to recognize the signs of gambling disorder and seek treatment if you or a loved one has a problem.
There are many ways to treat a gambling addiction, including therapy and peer support groups. A key step is setting limits on money: Take control of family finances, set credit card limits, and don’t spend more than you can afford to lose. Try to find other ways to spend your time, such as exercising, joining a book club or sports team, or volunteering for a charity. Peer support groups such as Gamblers Anonymous — which follows a 12-step program similar to Alcoholics Anonymous — can be especially helpful. Also, don’t forget to see a doctor for underlying conditions like depression or stress that can trigger or be made worse by gambling. These problems can be treated with medication or therapy and are important to address for your overall well-being. You can also call a national helpline for assistance. Then, make sure to strengthen your support network by reaching out to friends and family. It’s easier to battle an addiction when you have a strong support system to lean on.