Online Gambling is a digital activity in which people play games of chance and risk real money for the chance to win cash prizes. Typically, this is done via computer or mobile device. This form of gambling can be found in a variety of forms, including casino online, sports betting and state lottery games.

Some people develop serious problems with online gambling, which can lead to a wide range of negative consequences, including monetary losses and accrued debts. It can also impact work and school performance, leading to loss of employment or failing grades. Additionally, it can contribute to physical health issues such as insomnia and high blood pressure. It can also lead to criminal activity, such as theft or fraud, which can result in jail time.

Many people are drawn to online gambling because of the potential to win large sums of money quickly. Unfortunately, this often leads to chasing losses, which can lead to financial instability and even bankruptcy. Individuals who struggle with online gambling may also experience depression, anxiety and stress, as well as social isolation.

There are a number of ways to help someone overcome an online gambling problem. For example, cognitive behavioral therapy (CBT) can help individuals identify faulty thought patterns such as feeling they are “due to win” after a period of losses, and learn tools to reframe these thoughts in more positive ways. Moreover, motivational interviewing is a process in which a therapist helps an individual explore their ambivalence about changing their behavior.