Gambling is the act of risking money or valuables on an event with an uncertain outcome, often involving games of chance. People participate in gambling for various reasons, including entertainment, the thrill of winning, or the hope of making a profit. Common forms of gambling include lotteries, casino games, and sports betting. While gambling can be a fun activity for many, it also carries risks. Some individuals may develop a gambling addiction, leading to financial and personal problems. Responsible gambling practices, such as setting limits and understanding the odds, are important to ensure a safe experience.