How To Gamble Responsibly
Gambling is a popular pastime enjoyed by millions around the globe. The vast majority of people do it for a sense of fun, often to switch off from the daily grind or to spice up proceedings when watching sport.
Preventing Gambling Addiction
But too much of the thrill can sometimes lead to gambling addiction and crippling debt. Learning how to gamble responsibly will allow you to enjoy the excitement of gaming without its negative consequences. One way to do this is by introducing elements of control.
The widespread availability of gambling from betting shops to smartphones means that responsible gambling is now more important than ever. Sticking to some principles will help you gamble in a responsible, healthy way.
What is responsible gaming and what are some examples?
Responsible gaming involves setting limits, being keenly aware of the odds of winning, and taking a measured approach. Below, we outline the key steps to help you gamble responsibly and stay in control of your spending.
So how do you limit gambling?
Being in control of your spending is vital. Set a limit that you can afford and stick to it. Many platforms now include settings that allow you to set limits for a period of time. If betting outside the home, try and leave your debit and credit cards behind.
Avoid trying to ‘win back’ any losses
It might be tempting to try and ‘win back’ your losses — or at least some of your money. But this often leads to a greater loss. There can be great temptation to do this, especially now modern technology has allowed it to be so easy to gamble. Being aware of the odds and accepting the likelihood of winning is a useful tool for controlling gambling.
Don’t follow the crowd if you don’t want to
Gambling is great as a social activity and it can be easy to get carried away in the enjoyment, especially if you are having a good time with friends.
However it is important that you only participate if you really want to and never bet more than you can afford. Remember: It is okay to say “no” in certain situations!
Understanding gambling addiction
Compulsive gambling is generally considered a mental health problem due to its addictive qualities. In some respects, it is not too dissimilar from other types of addiction. Although compulsive gambling is not considered a mental illness in its own right, it can have a major impact on many aspects of your mental health.
Are Options gambling?
The answer to this question depends on your viewpoint and approach. Trading in stocks and shares options with in-depth knowledge of the industry and a considered approach is not gambling. But blindly ‘betting’ options could be considered gambling.
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We are fully licensed by the UK Gambling Commission, therefore, giving you a totally safe and secure platform to play online poker with friends. However, if you would like any advice from our team on how to gamble responsibly, we offer 24/7 help and support to all of our players.