Topic: Responsible Gambling Practices Most People Ignore and Sleep on - page 7. (Read 1092 times)

Many gamblers don't care about reading the terms of service of casinos they want to sign up with. They are in a haste to register and don't know the policies of the gambling platform. Many experienced gamblers just assume that it might be the same rules as they have seen in other casinos. However, they fail to grasp that every casino has its policy based on its licence and other operations. It is always important to carefully read this important document because you might be forced to read it when you have problems.  


The gambling community might be helpful because you will learn from the experiences of other gamblers. These communities could also be a source of information which could be enlightening but we should also be careful about false information in these communities. But the bitcointalk gambling community is an example of a helpful community.  

We may list as many as possible ways to gambling responsibly however people would continue 'sleeping' or ignoring it simply because self discipline is lacking in particular with their gambling habits. There is a factor which pushes a gambler outside his "circle of discipline" and that is for sure, money. Many gamblers, before they astart to actually bet, are having ideas of getting rich from playing. Given that the reward they are seeking is high, it requires them to risk big as well to create or establish a match on their goal. So maybe, it is one's mindset which should be managed first before anything else.
That's gambling as its purpose which is as a leisure activity. People are just having high desires out of gambling and that might be a reflection of how tough living and being rich is, at the present. Unlike before wherein people's mindset is to work hard for their dreams, people in gambling industry are in some instances,  hoping to reach that goal through gambling. The outcome? they get too hooked up in this activity to the extent that they are willing to lose everything for that 'chance' to get rich. But as we all know, chances are just possibilities and will never guarantee or assure things.

It's a good topic of discussion indeed but I think with all these key points highlight and explained by Op is too deep and make it more like a professional career. As far as I know, responsible gambling is all about approaching gambling in a way that is safe and fun. Know the risk you are about to take, not spending money that you can not afford to lose and know when to stop gambling especially when you are not in the mood or when you suffer from too much serial lose. Another thing aside this seems like you are taking it to another level and it sometimes makes things more complicated for gamblers.

Like that number one on the list, setting limits is a very good practice in gambling and also easier to do but how many of us here can confidently boasts of sticking to their limit set? I guess only few of us. Responsible gambling is to play moderately, have fun and move on regardless of the outcome.

Basically, gambling is not dangerous if we can limit the gambling we do, because then of course we won't gamble excessively. In my opinion, many gamblers suffer big losses because they don't have limits on gambling, so they do it. gambling excessively and of course it shouldn't be. It's true what you said, nothing will be a problem if it is done with good awareness and responsibility. However, this is difficult to apply to yourself, especially when gambling.

Having limits on gambling will help, where the limits you have can be budget and time. Most gamblers who gamble don't have a limit on their budget. When they gamble, they are sure they can win,  but because there are no limits in gambling, they don't think about cashing out the winnings they have obtained, but they continue gambling to get bigger wins. On the other hand, this is also very risky, but there are people who still do this risky thing.

From all these responsibile gambling practice that you have carefully enumerated, I am more conversant with the number one and three. All the other ones you mentioned are also very important but setting limits in gambling can help a gambler to become self discipline, know when to stop gambling and how to manage every of his gambling affairs so that it doesn't interfere with other of his important activities. Financial management in gambling is also very very important because it can help the gambler to not spend off budget while gambling.

Yes, we may not make gambling as our main job for various reasons, especially not wanting to take a high risks on gambling or to become professional gambler as their carreer. However, for someone who starting to play as entertainment, sometime turn them as addicted gambler. This is happens because, they are, underestimate gambling as entertainment and forget about discipline in playing, such as targets and limits. This is not an easy thing to do when someone is caught up in gambling activities. It's true, practice is the best teacher, but not for those who have forgotten the important points mentioned by the OP especially the limit points.

That is a really good topic
One interesting thing to talk about too is that gambling shouldn’t probably be approached as a professional activity for most people, much better to see it like a way to have fun or a hobbie and spend only a small percentage of your money on it

It takes time, practice and a clear set of goals to avoid falling for some of the traps

The reason why most gamblers ignore those safe practices is because they only bend their mindset toward multiplying their stake. Gambling may be an activity that depends mostly on luck, but if those safe practices are being emulated, it can help the gambler limit the possibility of becoming addicted. There are some people who never had the intention of gambling for a long time, but because they ignored the right approach to gambling, they just got lost in the middle and began to gamble against their initial decision.

Setting limits is an important thing for gamblers to be able to manage their gambling to run more safely for them. By setting a limit, it will allow gamblers to measure their ability to gamble and limit themselves to being able to gamble more than they can gamble, and it will also allow them to be able to gamble without neglecting their other needs.

setting limits and remaining disciplined towards them will also help gamblers to practice adhering to the limits they have set and that will help them to be able to gamble with a lower risk of addiction.

Community support is for them to share how they tried hard to quit the vice.
It only takes one alcoholic friend who will have his birthday party the next day to tempt an alcoholic and all the efforts he made to try quitting will be a waste.  Same as a gambling addict, it only needs one free spin. But no one else can help a fellow addict but the community who were once addicts.

Although practices had been elaborated already due to threads like this one, it's never an easy thing to do. Setting Limitations is a hard thing to do when you are in the gambler's shoes.

I often do this gambling practice consistently, which is why I still gamble responsibly to this day, not really thinking that winning is my main target when gambling, always remaining in a healthy mindset that gambling is just entertainment and a place to have fun. I'm happy, I'm sure the practice of gambling can be done by anyone out there because gambling is not a place to seek wealth, let alone a place that provides a steady income. that is clearly impossible.

It is indeed important to limit the budget because we can control ourselves well, not only the budget, we can also limit the time we play gambling so that it becomes an alarm when we have been gambling for too long and need to just take a break from gambling. Another thing is to use a budget. which is not too much in gambling, for example not more than 5% of your income, at least make it money that is ready to be lost so that there is no need to try to recover losses if you lose the budget that has been set, always remember that this limit should be an alarm for us to stop gambling.  

Of course the factors you mentioned are all the five things above, of course I don't deny that we all know these factors and are common, but I have applied some of these points, such as points [1] and [2], but the risk of loss still occurs.

My understanding is that in the world of gambling there are two methods that often conflict, such as (theory and practice) these two factors don't work properly, as you said above, for me it's all theory, However, practices in the field are far beyond control, which means that most gamblers cannot be held responsible for the losses they face in the gambling arena.

I think that #5 isn't that helpful and this highlights why addicted people should be better off contacting and talking with experts and designated groups.
Countries and communities that fail to provide these amenities actually do a lot of harm to people in need that could be well functioning individuals if they were given the support they need.

For instance, an addicted person will have many triggers and could easily fall back to his addiction. So it's better sometimes to avoid communities relevant to the addiction all together. If a person recovering from addiction could find a community where other people in recovery have guided discussions it would be nice. For instance for alcohol there is A A meetings where people can speak to each other attended by an expert. If the discussion strays too far away from being productive the expert in place can steer them back into a good path. Etc. most countries have government organizations and/or non-profits that offer the same service. Good to seek those out.

It is good that you included 4 and 5 which are 'utilizing Self-exclusion programs by casinos and gambling community as support respectively'. But people that wanted to go for that means are not gambling responsibly no more but looking for ways to become not addicted gamblers again. Also in reality, most addicted gamblers will not go for such options. I see the first and the third which are 'setting limitations and financial management' to be more valid. Understanding the rules, regulations, policies, and conditions is good, for not to violate one of the gambling site rules but not related to responsible gambling.

Gambling is a means of entertainment that can either bring you good fortune or dilemma. It can give you benefits or consequences depending on how you will use it. To some, it brings them satisfaction and relaxation by playing and betting. While to others, it serves as an income generator by engaging in different activities such as referral, campaigns, and sponsorship. Since time immemorial, gambling has a negative connotation which is mainly due to the widespread news of repercussions experience of those who abused it. Everything that is too much is harmful after all.

Here are some key factors that I believe are often overlooked when someone plans to enter the gambling industry and even those existing players often neglect:

1. Setting Limitations
Gambling isn't totally harmful as long as you are doing things in moderation. Things done responsibly won't take a wrong turn in a snap as long as you are doing what you have to do. Setting limitations is one of those things that you have to prepare and do in order for you to not get lost in gambling. You have to make a budget limitation before you gamble and once you gamble, you must stick with it no matter what the result may be. It's important for you to stand on your ground in your set predefined limitations. This is to prevent you from excessive expenditures and time allotment in gambling which most people do not do because they feel like it isn't important. But it can actually make a whole lot difference.

2. Understanding the Rules, Regulations, Policies, and Conditions
Aside from setting boundaries, you must understand, not only be aware of the existing rules and policies of the casino you want to play or are playing into. It will be essential on your end to know what are the do's and the don'ts, so that you won't be surprised of the notifications on your account such as being flagged as abuse or having unusual activities that may lead to account suspension or permanent banning. The role of being knowledgeable in making right and informed decisions will impact the odds of you encountering less problems in the future. Understanding the probabilities come together with knowing the game mechanics and rules to improve your chances of winning.

3. Financial Management
Wisely managing your funds will make a huge impact on your gambling journey. It can dictate whether you will be bankrupt, have pile of debts, or go on with your life comfortably or even more comfortable depending on how you will make choices. Being a responsible gambler means handling your finances in a smart manner because responsible gambling has a deep connection and relation with how you spend your funds. You must strategize on how you will make your money grow if your main goal is to profit. It isn't enough that you have a goal. You should have an organized and strategic plan to achieve your aim. Additionally, you must know how to prevent yourself from being subjected to financial pitfalls such as loans and credit just to gamble. Maintaining control is your top priority. You should know that is a vital move to separate your gambling fund to your personal and necessary expenses.

4. Utilizing Self-exclusion Programs by Casinos
A lot of people still don't know the existence of this feature in a casino. If you know you have some tendencies to fall short because you have wavering discipline, then you must search on this because it can help you a lot. Self-exclusion is made for players who have high addiction tendency. It is also intended for those people who are still recovering from addiction or dependency. The main takeaway in this is to be excluded from promotions, offers, notifications, as well as access over a casino. This way, you can prevent yourself from being drawn into betting and playing excessively. When you feel like it is necessary for you to stop gambling for a while, you may opt to utilize this tool. It can possibly help you prevent falling completely into addiction or to help you recover from it.

5. Gambling Community as Support
When things go tough, some people become shy to ask for help and to seek for suggestions. But the more that you are hesitating to reach out, the more that you have to do it. Gambling community such as this forum can help you in various ways. You can always ask in different threads, share your story, and seek for possible choices and things to do. Getting support from fellow players can help ease your burden. Some people may encourage you or discourage you from doing something which can widen your perspective on how you will view your present circumstance.

Responsible gambling practices start from within and can be established with the help of other people too. One must be mindful of everything that he wants to do in order to gain a good experience in gambling. Let's be reminded that there is a good approach and balance in doing things that we want without compromising the future.