Responsible Gambling: Everything You Need to Know to Ensure a Safe Experience
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Perhaps you have heard the phrase ‘when the fun stops, stop’ in relation to responsible gambling. These should not be seen as empty words. On the contrary, they convey a crucial message that you should always adhere to, regardless of the type of gambling you engage in.
Below is a list of tips designed to help you gamble responsibly. Try them, and remember to always seek help from friends, family and designated gambling support organizations should you need it.
It’s Essential to Set a Budget
This is one of the most important responsible gambling behaviors, as it will prevent you from incurring life-impacting losses which you cannot afford. When creating a budget, set a financial limit that you can comfortably afford to lose.
This means that if you were to lose your entire gambling bankroll, it would have no materially negative impact on you or your family’s finances, or affect your quality of life.
Incorporate Time Limits
As long as it’s done responsibly, gambling can be an exhilarating and enjoyable pastime. However, there is also a danger of it absorbing more of your time than you realize. One way to get around this is to create limits for daily and weekly gambling sessions.
Set an alarm if you must and stop what you’re doing when the timer buzzes, if not before, regardless of how well things are going.
Never Chase Losses
Whether you have a profitable sports betting system or choose a casino game with a high return to player (RTP) percentage, losing streaks are inevitable. Thus, it’s important to be mentally prepared when they happen.
This means knowing when to walk away rather than chasing the losses you incur during a gambling session. Chasing losses rarely ends well, and statistically speaking, you’re far more likely to endure heavier losses than get everything back.
In a sense you should mentally prepare yourself for the eventuality of losing and then regard and win as a bonus.
Have a Break
Online gambling site are overloaded with exciting sports betting markets or casino games to enjoy. However, it is unhealthy for the body and mind to spend long periods staring at the screen without taking breaks, especially if it prevents you from taking part in other, healthier pursuits.
Think of gambling as just one of the many things you can do in your leisure time. This means setting it aside in favor of other activities that you like. Spend time with friends and family and do not allow gambling to prevent you from living your life in a normal and functional manner.
Don’t Borrow Money to Gamble, Period
This piece of responsible gambling advice ties directly into setting your own limits. Borrowing money or relying on credit to gamble is always a bad idea and suggests that you may have an unhealthy reliance on gambling to fill a void in your life.
It also means that you are chasing financial losses which you can not afford and plunging you into a debt spiral, which could have a catastrophic effect on your financial, physical, and mental health.
Understand Your Emotional State Before and During Play
Gambling can be an emotional activity that stimulates feelings of elation or depression when you win or lose.
Therefore, you must regularly consider your emotional and mental state before you plan to gamble and, also, during the session.
Don’t even start to gamble if you feel stressed, anxious, depressed, or intoxicated. If you find that your behavior during play is beginning to negatively impair your judgment, it’s time to stop.
Gambling should just be a fun activity, it should not affect your mood in your wider life.
Remember, Self-Exclusion Is an Option
The vast majority of high-quality online gambling sites have a suite of responsible gambling tools including the ability to self-exclude. These tools allow you to alter your deposit limits and suspend account activity for a period you determine.
Check out these tools if you think a break from gambling is a good idea. Remember, you can always return if you feel in the right frame of mind.
If You Need Help, Get It ASAP
Seek professional support if you’re concerned that your gambling habits are beginning to veer out of control. This could mean that you’re spending more money than planned or that sessions are becoming too long.
Get in touch with trusted friends and family members and inform them of what’s going on. It’s also wise to contact helplines or support groups that specialize in assisting people with gambling-related problems. You’re not alone, and don’t ever feel like you are.
The Final Word on Responsible Gambling
By following the responsible gambling tips mentioned above, you can remain in control of gambling rather than the other way around.
One final point. Before you register with any online gambling site, be sure to check the laws of your jurisdiction. This includes understanding the types of gambling that are allowed and the legal age for gambling. While the minimum age is 18 in some regions, it can be 21 in others.