Gambling psychology explores the mental processes and behaviors that influence how individuals engage in gambling activities. It examines factors such as risk-taking, decision-making, and the emotional responses that can lead to both excitement and anxiety. Understanding these psychological elements helps explain why some people develop gambling addictions while others gamble responsibly. Key concepts in gambling psychology include the illusion of control, where players believe they can influence outcomes, and the near-miss effect, which can encourage continued play despite losses. These psychological phenomena highlight the complex interplay between cognitive biases and emotional experiences in gambling behavior.