Betting can be an enjoyable pastime, but can quickly turn into an addiction if not undertaken responsibly. Responsible gambling entails self-awareness, moderation and respect for any potential risks involved in betting activities.
Tech innovations help betting apps lead the field with advanced responsible gambling tools that voluntarily set deposit, loss, wager and session limits tailored to a customer’s financial circumstances. Alerts also prompt them to review their betting behavior and adjust limits as necessary.
Limits
Gambling limits are tools designed to control how much you spend at casinos online or physically. Betting limits do not impact profits made; thus any profits are unaffected.
Sportsbooks impose individual betting limits to encourage bettors and maintain balance across their books, which is an integral component of bookmaking business and ensures successful sportsbook operation.
Spending money that would otherwise go towards essential needs to gamble may indicate an addiction to gambling, however most countries with regulated gambling industries offer support services for problem gamblers – our short quiz takes just minutes and could help provide tailored assistance suited specifically for you.
Time
Responsible gambling means only betting with money you can afford to lose and avoiding betting when feeling low or stressed; taking breaks and not viewing gambling as a source of income; if you suspect having a problem, seek professional help immediately.
Researchers found that using pop-up messages to deliver responsible gambling messages captured gamblers’ attention and made them more likely to remember them. Gamblers asked to indicate their time limit for EGM play (via pop-up message) were significantly more likely to do so and consequently spent less time using these machines.
Gaming industry investment in responsible gambling research and programs extends beyond what is mandated by laws or regulations. This includes self-exclusion tools and blocking software which can prevent you from registering at new casinos or sportsbooks while restricting access if you already have.
Money
Many individuals with gambling problems can successfully change their behaviour with assistance and support from friends, family members, professionals and the wider community. Unfortunately, however, many remain unaware of all available services to them.
Setting limits for yourself when gambling responsibly means setting time and financial limits. Setting these can easily be done online with most gambling sites providing tools to set them. Remember to only gamble with funds you can afford to lose and never use funds intended to pay basic needs or bills. Avoid betting when feeling emotionally charged as this could lead to hasty decisions which cost more than what can be afforded in terms of finances.
Responsible gaming programs are an integral component of casino industry operations and work closely with state laws and regulations on gambling. Responsible gaming programs may serve as an aid for anyone experiencing difficulty gambling; however, these should never replace in-person professional treatment options available to you.
Self-exclusion
Those concerned that gambling has become too much of a problem may benefit from self-exclusion as an effective solution. Self-exclusion is a voluntary process in which participants agree to refrain from gambling activities for an agreed period, which could range anywhere between six months to five years.
Self-exclusion requires filling out and notarizing an exclusion form available on this website, then mailing it along with an updated photograph of yourself to us. While self-exclusion can provide great relief from gambling addiction, it should not be seen as a replacement therapy solution.