Gambling is a hobby and a thrilling leisure activity that has become even more popular in recent years with the development of the online virtual gambling platforms. People have engaged in gambling activities for hundreds of generations and the first gambling house dates back as far as the 17th century in Italy.
However, while most people can enjoy all that the gambling industry has to offer without any problems, there is a fraction of players that suffer negative consequences from their gambling activities, such as mounting debt. This has been a concern for many gambling companies, both virtual and physical, in recent years and the reputable gambling platforms make sure that they promote responsible gambling practices for their members.
This guide will help you understand more about what responsible gambling involves and some of the ways that you can ensure you use the gambling industry safely and responsibly.
What is Responsible Gambling?
Responsible gambling is a concept that gaming, and gambling providers now follow in order to ensure their users are protected from the potential adverse consequences of gambling. It covers various areas of gambling, including the protection of vulnerable players, delivering a fair platform, and preventing underage gambling.
Responsible gambling operators also aim to prevent underage gambling and ensure that their marketing is both ethical and responsible. The concept aims to protect all users of gambling platforms, whether physical or virtual, and any reputable company will ensure that they promote the responsible gambling mantra.
Set Yourself Limits
Any user of a gambling establishment should be sure to set themselves limits beforehand. You can set these both personally and electronically as many gambling operators offer features that allow for limits to be set for specific periods of time.
This means you can state a maximum limit that you can deposit for the following day, week or month so you can never gamble more money than you originally intended. You may also consider setting limits on how much you spend online to avoid being drawn into internet casinos.
If It Sounds Too Good to Be True, It Probably Is
A gambling provider that is concerned about their members gambling responsibly will ensure that they adhere to the relevant legislation and rules concerning their marketing. For example, the UK Gambling Commission, under the CAP Code, requires that gambling advertisements do not appeal to young children or make them appear accessible to youth culture.
Many gambling players will be enticed by marketing incentives that establishments promote through their adverts. Often these adverts can seem very attractive and make you feel like you are guaranteed to win. But beware of these adverts, as if something sounds too good to be true, then it usually is.
Reputable companies will adhere to rules regarding their marketing and will ensure that their promotions are transparent in order to not mislead consumers.
If you are drawn in by an advert or promotion, then ensure that you check out the conditions beforehand. A reputable company will ensure that the relevant information is accessible to its consumers. If you are struggling to find the small print of a promotion, then this is not a great sign for how trustworthy the company is, and you should think about using a different establishment for your gambling desires.
Track Your History
Whether you are using an online platform or a physical gambling establishment, you should be able to track your history through your account and look at the money you have deposited and withdrawn. You should be sure to check and track your history on a regular basis so that you are fully aware of how much money you are parting with while gambling.
You should seriously consider how much money you have spent on your hobby and how much you have lost. If you are unhappy with the figure, then you should consider either cutting back or taking a break.
Be Honest (With Yourself and Others!)
If you are tracking your gambling history and are fully aware of how much money you spend when enjoying your gambling hobby, then you should be honest with yourself and others about it. If you find yourself lying when your friends and family ask you how much money you have gambled this week, then this is a sign that maybe you have a problem.
You shouldn’t be embarrassed if you ever feel like you need help. It may be a good idea for you to ask someone you trust to handle your money for a period to help you set up a budget plan.
Only Gamble What You Can Afford to Lose
This is rule number one of responsible gambling! While gambling can be a great way to have fun and potentially earn some extra money, you should remember that there is risk involved, and you should be prepared to lose the money you bet.
No matter how experienced you are or how much of a safe bet you think something is, you should always be prepared for a loss. If you aren’t feeling that flush with money, then you should probably stick to smaller bets and games that have a low deposit minimum so that you don’t suffer any negative consequences from losing a big sum of money.
Keep It Fun
The whole point of engaging with gambling platforms is for enjoyment! If you find the online games or traditional card games entertaining, then you are likely to enjoy being a player. But if you want to continue to enjoy everything that the gambling world has to offer, then you need to make sure you gamble responsibly. While betting small sums of money and winning some back can be a thrilling experience, this can soon turn sour if your luck runs out.
If your mood is dependent on whether you win or lose, this is a sign that you may need a break away from gambling. It is important that you remember that you are just playing a game, and you shouldn’t be relying on winning to make you feel happy.
Similarly, you should only stick to the games that you enjoy the most. Don’t feel obliged to play if you have credit in your account; save it up and then reward yourself with a week of free plays. Don’t waste your credit on the games you aren’t interested in. But at the same time, you should consider mixing things up and giving other games a go to avoid you becoming addicted to just one game.
Don’t Expect a Major Win
It is often only in the movies that you see someone walk into a casino and become a millionaire on their first play, so don’t expect to always win big sums of money. It is important that you have a realistic attitude towards both gambling and your chances of winning so you should not go into a game expecting to come out with the jackpot.
Realistically, gambling is more about the long-term wins. You should look at your bets overall and expect to lose some but aim to come out with a profit overall. Many regular gamblers find that they have weeks where they lose most of their bets, but they stick to their budget and limits to ensure that their hobby doesn’t disrupt other areas of their life.
There is a difference between making regular bets and gaining a regular income, and it is essential that you understand this. You should consider not spending any winnings that you do acquire to see you through a period of frequent losses.
One of the key aspects to gambling responsibly is to keep calm and remember that gambling should be an exciting and thrilling experience, not something that makes you lose your cool! You should remain calm whether you are winning and losing, and the main thing is that you are enjoying the game.
Take a Break
You may find that if you are struggling to follow these steps to gamble responsibly then you should consider taking a break for a while. You could set yourself a break period for any length of time, anything from 24 hours to 6 months, just however long you feel you need. Many established gambling organisations have set up self-exclusion features which allow you to stop and restrict your access to gambling altogether. This is a great way to ensure you take a break if you are struggling.