Another betting slang term, here meaning $100. It’s the same as “Buck,” and they are used interchangeably just like the terms are outside of gambling. Even Money - Any wager with 1:1 odds, meaning there is no juice or vigorish. Definition of Gambling. In this study 'gambling' refers to a wager or bet in which each player agrees to risk losing some material possession to other players in exchange for the chance to win the possessions of other players without compensation to the loser, the winner(s) and loser(s) being determined by the outcome of a game.

1. Online Gambling

While it may seem obvious what gambling is, emerging technology has blurred the lines to expand the range of ways people gamble.

Traditionally gambling is an activity where someone risks money or belongings, there is an element of randomness or chance involved and the purpose is to win.

The traditional methods that usually come to mind are:

• Gaming Machines/Pokies
• Lottery
• Scratch cards
• Online Gambling
• Sports betting.

As different ways to gamble have developed it has become difficult to identify some instances when someone has a gambling problem.

In addition to the traditional definition of gambling, urges and the way they affect people (read more about urges) are a strong factor in gambling addiction.

Someone can have a gambling problem if they are addicted to an activity where they cannot control the urge to participate, and it’s having a negative impact on their lives.

Emerging gambling activities include:

• Online investment trading
• Fantasy sports
• Games with In App Purchases
• Online Auctions.

Online Gambling

If you feel that gambling is having an negative impact on your life why not speak to one of our counsellors, it’s free, confidential and available 24/7!