You will be surprised to know that India has registered immense growth in online gambling recently. That said, it cannot be denied that the chances to hit that jackpot are very tempting, but it is equally important to know more about responsible gambling.
That is why knowing all the nuances of gambling is crucial. In this article, we will discuss responsible gaming, where you will find valuable tips and useful resources so that your gaming adventure continues to be exciting and yet stays safe.
What is safe gambling?
Responsible gambling aims at providing thrilling entertainment associated with gaming and realistic concerns arising from it. Another important aspect of it is knowing that it is perfectly acceptable to lose a few times.
The normal gambler must know how much risk he or she is willing to take and not increase bets when they are on the wrong end of a game. All the betting sites and apps mentioned on our site provide a safe gambling environment for their users.
How do I identify the Gaming problem?
Being able to identify problem gambling is still a very important factor in increasing awareness of responsible gambling. Here we will focus on few signs that can lead to gambling addiction:
- Increasing obsession: Gambling behaviour may progress to a pathological level where the person will spend much time thinking about gambling and developing the obsession.
- Abandoning responsibilities: Gamblers may forgo education or work or spend a lot of time away from their families to indulge in gambling.
- Chasing continuous losses: Always seeking to win back the money they lost through staking higher amounts of money and this behaviour can increase the number of debts that can be dangerous in the long run.
- Emotional stress: Stress on stake loss can lead to anxiety and depression resulting in health problems.
- Borrowing or stealing money: Most people are also forced to borrow money or even turn into unlawful activities to gambling which can lead to serious legal and financial problems.
How can gaming platforms promote responsible gaming?
Online gaming operators can also effectively contribute towards the safe gambling responsibility. Priority should be given to preventing problem gambling and assisting those who have fallen into and here are the relevant factors.
- User protection
A gaming operator should provide users with tools, such as time and deposit limits, self-exclusion options to put an account on hold, etc. These steps are also evidence of good corporate responsibility and reduce gambling issues.
It is also a convenient strategy for the business since problem gamblers are not ideal consumers in the long term, and negative stories are detrimental to the company’s reputation. Sustainable gambling provides extra opportunities and a competitive advantage for operators.
- Responsible advertising
Gaming operators should not overhype the game and ensure that they do not target advertisements to children's audiences. This would fuel the interests of the regulators and incur a reputational risk, which they would earn from the minors.
- Information and awareness
The authorised gaming operators should ensure that users are well informed and educated on the implications and or effects of this safe gambling.
Online gaming platforms must aware users that it is very easy to put oneself on a self-exclusion list and to access and use the other tools for problem gambling prevention.
They should also have numbers for a problem gambling support line to which a player can turn to determine whether he is a compulsive gambler or not and if he needs help.
- Help organizations
It would be great if gaming platforms collaborate with mental health organisations to promote safe gambling. Users can contact these relevant organizations or helplines to seek assistance on how to control gaming problems.
Tips for safe gambling
Adopting personal boundaries is one of the most important things a gambler should know. It is like having control in your gaming expedition where you can still enjoy the game without any obsession.
Here’s why setting limits is so crucial and some practical tips to exercise self-control on:
- Set a betting budget: After all, you must find out how much you can afford to lose without negatively impacting your financial health. It is mandatory to follow this budget and should not exceed it to manage your bankroll.
- Take breaks: Taking time off can prove helpful when you need to clear your head during gambling sessions. It gives space to release the stress and you can play again with a clear mind.
- Use a timeline: Determine the amount of time that is affordable and healthy for you to spend on gambling, and then stick to it. A timer or an alarm can help you avoid overplaying and control this habit.
- Avoid chasing losses: Understand that there will be times when you will lose and not develop emotional inclinations when placing your bets. Avoid the tendency of doubling up your bets to make the losses up.
- Track your spending: It is recommended that you note all your gambling-related activities, whether you won or lost. This transparency will let you see your financial situation and reduce the funds if there are numerous losses.
Self-exclusion program: It will enable users to self-exclude themselves from gambling activities for a specified period, normally between a few days or months depending on the gaming problem.