Posted by Problem Gambling, a condition where a bettor loses control over their will to stop betting, has become rampant over the years. The condition poses such negative effects as bankruptcy, depression, and anxiety, leading operators to get in the way of promoting safer gambling.
The emphasis on controlling your gambling spending cannot be overemphasised. In this article, we will look at some of the solutions you could apply to be a more responsible bettor.
Use Apple Pay as a Payment Method
Apple Pay integrated platforms can be a great budgeting asset when managing your entertainment funds. Apple Pay allows you to easily set deposit limits, restrict spending during certain periods, or even self-exclude – giving you control over your casino budget.
By linking Apple Pay to your bank account, you can seamlessly transfer the exact amounts you feel comfortable spending for a session of slots or table games. The convenience of Apple Pay also makes it easy to withdraw any unused funds, allowing you to stick to predetermined budgets for online casino entertainment.
Play at Casinos that Support Responsible Gaming
For the longest time, one of the primary criteria to look at before betting at an online casino is their licensing certificates. However, with the risk of problem gambling heavily prevalent in gaming, it is important to protect yourself by playing at online casinos that support responsible gambling.
These casinos often have features that allow you to set daily betting and deposit limits and offer self-exclusion if you need help with problem gambling. A major stamp that you should look out for at that casino to tell you they support responsible gambling is seales from third-party agencies like Gamstop and Gamcare. Those are third-party agencies that put these casinos in check to observe responsible gaming practices for the users’ benefit.
Have the Mentality That Gambling is Not a Get-Rich-Quick-Scheme
One factor contributing to people getting plunged into the depth of problem gambling is the mentality with which they approach it. This is what separates the pro gamblers from the rookies. It is important to know that while gambling isn’t bad, thinking of it as a get-rich scheme can be catastrophic. You want to see gambling as a form of entertainment. This is a healthy mindset as you tend to learn how to enjoy the experience and be conscious enough to know when you are crossing a limit.
Have a Stipulated Budget for Gambling
If you enjoy the thrill of gambling, planning for gambling as you would for your living expenses is important. Simply put, you want to be as financially prudent as you would with your regular expenses.
This means you dedicate a tiny fraction of your monthly income to gambling. This could be as low as 5% of your salary. By doing this, you have already set a threshold which you can’t exceed, and by sticking to that budget monthly, there is no way you can hurt your finances in the long run. This is one strategy that’s applied by pro gamblers that keeps them afloat over the years without ever sinking.
Know When to Stop
This tip could be very impactful in determining how much you lose when gambling. Knowing when to stop is the very nucleus that controls how much you spend at a casino. It all boils down to mindset. It is important to note that you can’t win it all at a casino.
So, if you are enjoying a streak of wins, that’s probably your cue to stop. Because the more you play, the deeper you get excited, so much so you lose control, become less decisive and lose it all. This also applies when you are on a losing streak. Always learn to find that balance and live to play another day.
Always Remember You Are in Control Until You Are Not
In conclusion, it is important to note that you are in control of gambling until you are not. It is safer not to assume that you have it handled. Instead, do due diligence by applying the tips above to protect you from becoming a victim of problem gambling. This is simply you just getting ahead of the situation before becoming susceptible.
