Topic: Risk management and responsible gaming - page 4. (Read 1525 times)

It not that easy, casinos are built and developed to make profit and casinos don't care about the impact this has on all gamblers because it is their decision to gamble, there is no coercion from any party.
Casinos provide quite large amount of taxes to the government and that is why there are several efforts or services carried out by the government to help gamblers in solving problems such as addiction.
Moreover, large online gambling sites also have customers from various countries, so how will they provide this service to gamblers, when gamblers are clearly spread across different countries.

Of course, responsible gambler will definitely be able to manage a budget and have good approach and mindset towards gambling, but not many gamblers have this kind of attitude.
Most gamblers still believe they can make some money from gambling and most gamblers believe that after loss there will always be win and this is why not many gamblers have responsible attitude.
The thinking of gambling addict will always prioritize gambling activities and they feel bored or anxious when they don't gamble for certain time, this is why gambling addicts are also called gamblers who cannot control themselves.
Honestly, controlling self over activities really enjoy and are addictive is very difficult to do.
But no matter how difficult it is, gamblers still have to be able to do it.

The gambling was legal one in the mentions country like UK,Canada,Australia and Singapore.So the gamblers will play te game without any risk in the gambling site,because their money in the gambling site was the safer one.They no need to check the website daily whether it was survived.The gambling illegal countries will ban the gambling site at any point,this was the fear of the gambling site.The gambling sites may have license from the government if the gambling was the legal tender in that country.So the gamblers have no fear to worry for the deposited money in the gambling sites.The gambling site also pay taxes to that country government.

Because they are addicted to gambling, they will find it difficult to accept good things. It could be that they already have their own principles or beliefs that this is the right thing to do, so they simply ignore other people's advice.

That's right, because the principles of financial management in gambling will only be implemented by those who are not yet in the addiction category, as I said above, addicts already have principles that they think are correct, even though they are still doubtful and have experienced many losses.
Meanwhile, for beginners or gamblers who are not yet addicted, financial management is very important because it is a step to reduce the risks in actual gambling.

why is it only the responsibility of the government or non-profit organizations but the casino business owner is not responsible for that. Gambling addiction has become a complex problem in many countries and criminal cases involving it also often arise, gambling business owners should provide information services to prevent their users from becoming addicted to gambling and that is their responsibility too.

Managing your gambling budget, having a steady income and not considering gambling is the quickest and most efficient way to make money is a form of gambling responsibly, there is never a gambling addict who lives a happy life, they will always be haunted by their great desire to continue gambling so that self-control is very important.

Why is government being blamed and the citizens who decides to engage in gambling being exonerated. This is not so good. The government has don nothing wrong it is individuals who can't be accountable for their actions that should be cautioned.

When you decide that you want to overdo what you know that you shouldn't, then bear the consequences. You should be your own government and take care of yourself just as you would that other would.

That is what I'm pointing in that scenario mate, government will promise  everything but mostly do nothing or at least sideways of what they promised .
I'm not saying they are that bad but they are acting what is the best interest of the country and not of the individuals , maybe for their own good looks who knows, but yeah if they really wanted of course it can happen.

Not only into those who hadnt get that addicted because there are people whom do able to make out such thing on the time that they had that experienced that severe addiction but its true that as much as possible,
it would really be that good that you should really be that trying out to avoid things as much as you could because once that addiction would really be able to shackle you then it would really be that so hard to get out.
Risks management or really that having that responsible kind of act would really be that too important when it comes to these things on which you cant really just that make yourself that not only on gambling
but also in other things as well on which you would really be needing to apply these things if you dont really like for yourself that to be messed up.

You should really just that only put up or make use of the money that you can really just that afford to lose and never ever consider yourself on making up some decisions on spending up money
too much with gambling yet we know that odds on winning up or being profitable is really that very less. If you are really that too careless on this one then expect that disasters would come.

In my personal opinion, one should not believe too much in governments that say in a good way that they are going to protect their citizens from the risks of chance, betting and casinos, because they basically come in with that excuse, I have experience in that because I am in a country where a government banned pro casinos for more than 20 years and what was achieved? nothing, that the freedoms ceased, so the people did not have access to play in the physical casino, many do not know what a physical casino is, until a few years ago when another government came in and did allow casinos, with the exception They have to give you a lot of money to be able to carry out the activity, so the governments do not want to protect the citizens, but what the government wants is money, I think it is time for everyone to know that the governments do not want to protect the people. That's just what they make you believe, what they Really want is for a lot of money to come in so they can do their things better.

A government that I thought was not like that was in the USA, but the signs of desperation that they have shown in this update of the time , I Have seen that governments always seek the same power , to manage everything, and make more and more wealth, no I know what the policies of the casinos will be like for the USA, but I know that there are many casinos that do not allow users to enter the USA, except for Stake.com where they basically looked for Everything only legal requirements to be able to operate there, but I imagine which must be a lot, so in this case things are usually quite tough, and the regulatory policies for the governments with respect to casinos , exchanges are usually quite strict, now with the blessed KYC that is something so annoying , it is a way to enter , and those who are more believers in Bitcoin and crypto are not capable of doing it, as I said , a government will always do things for its own benefits, never for a people , and that must be understood.

It's hard to believe or assume that the gambling  will be able to listen to the advices or act at upon those advices that tell them to be your responsible gambler or that tell them not to risk more money and follow the money management principles.

This risk management principles and the money management techniques are for those who are not yet addicted to gambling and they just still have willingness and tendency to learn things so that they keep on getting reforms in gambling and they do not want to throw their money in gambling.

If the adult is addicted, they can also influence the young ones. This is wrong, but they are the ones who will act as a good example and will teach only the good stuffs to the youngsters. If we are vigilant on what is happening around us, it will be easy for us to know if the people around us are not in a good condition anymore.

We need to help them as soon as possible before their situation gets worse. We as a gambler, even if we are self-aware about the negative effect that gambling can give to us, we still can't help but continue. But the only that we can do during it, is to manage our risks. Not gambling completely seems sad and boring, so we will choose to be responsible instead. 

Yes, that's true because those who are addicted to gambling have lost their common sense, so they can't think clearly and only follow their wishes and ego. Perhaps they will continue to gamble with reckless capital and not care about other things because they are unimportant to them. Yes, we have to be able to prevent that from happening to us because maybe the impact will be bigger if it happens to us, so we have to be really alert and avoid it before it happens.

It is difficult for gambling addicts to accept advice from other people, especially since many gambling addicts hide their gambling activities so that no one knows. This makes them increasingly drawn into gambling while the people around them don't know about it. This will become even more dangerous when they gamble without restrictions, and if someone finds out, they may be too late to help.

if the government is truly seeking for responsible gambling then they must have a complete package of advertising in all major channels and places when this will be advertised because let us admit the reality that they are just trying to fool people by saying they are against gambling addiction but they are gaining huge income tax from gambling businesses so what is the truth on that?to be responsible must be not dealing in gambling at all.

If you are already in the addiction phase then there is nothing else you want to do but just spend time gambling, no matter how much money you have lost, because gamblers who are addicted as you said that they cannot apply common sense so it is very difficult to be able to consider or distinguish what is good and what is bad to do. That's right, they gamble with only desperation in order to achieve the big winnings that they have always dreamed of.

That is why as you say that we must be very careful in gambling activities, actually all of them are choices, or that means there is no prohibition for you to engage in gambling, as long as you have the right understanding and also always firm in maintaining awareness, because of course there are so many things that can always tempt us in every session we do and that is what usually tempts gamblers so that they end up getting lost in the cycle of chasing wins to break even. It will not be that easy for gambling addicts to be able to accept some advice from others, they will think that the advice they get is unreasonable and contrary to their beliefs, and that is the reason why it is difficult to overcome addiction.

Obviously, this is not true for all countries since some like the UK, Canada, Australia, Sweden, Singapore, and many others. It doesn't matter if they are online or not, they always ensure that licenses are in place, pay taxes, ensure that consumers are protected, and try to collaborate with the industry.

Of course, people who are addicted find it very difficult to carry out behavior that is in accordance with their common sense, they carry out their activities only with reckless capital and we must prevent this behavior as early as possible by always being aware and aware of its impact. The risks in gambling are very big.

If only the addict was willing to accept other people's advice then he might be able to recover from his addiction, but if the addict considers it unimportant or underestimates other people's advice then his life will be miserable.

Every single gambler into the gambling by the motive of making the money from the gambling site,but the winning or losing was the result of their luck in the game.Some gamblers earn the money sometimes,but they also loss the money sometimes.The gamblers should play the game when he had better luck in the gambling site and the important one is he should not play the same game at the time of bad luck in the gambling site.The gambling site give the win to one person and loss to the other gambler in the same time.



The gambler who ready to spend his time in the gambling site had a better future in the gambling site itself.As like other business gambling also gives you loss at the beginning stage,after the gambler get more experience and knowledge in the gambling site.The gambler only posses the more win in the gambling site in a row.

It is really indeed crucial on which on the time that you would really be neglecting this then it could potentially bring up the possibility that you would really be getting addicted by gambling since you would really be that make yourself that trying out to make yourself that profitable as much as you could. If you dont have that kind of emotion control then you are really that bound into such possibility and this is why you should really be that careful in speaking about dealing up with gambling. If you wont really be that careful then expect that you would really be that prone to possible engagement which would lead into addiction and we do know
on what are the common things that do happen when you do get addicted. Yes, you are fully aware but when you are on such condition then it would really be that hard to get out.

Be responsible and be mindful on the actions that you are making. Gambling isnt bad literally, it is really just that what makes people do really ends up badly is on the time that you do make out those shit decisions towards it. Gambling is just for fun and not to make money or income and this is something that you should really be avoiding in the first place because these things would really be the main things
that would really be making you desperate just because into those delusional kind of thinking which we know that it is really that too tough if you arent that lucky.

When I was inexperienced in gambling, I went through all this. I wanted to play and earn money through gambling. Well, I didn’t understand then that this was just an ordinary stage that you need to go through in order to move on and understand a lot. Now I have a good idea of how the gambling industry works and who makes money from what and how.

For players who quit their jobs, this is only a temporary illusion, which over time will make absolutely all players understand and show them the place they deserve. The most interesting thing is that if I tell a novice gambler not to quit his job under any circumstances, he will laugh in my face and tell me so that I leave him alone and he doesn’t need advice.

Risk management is crucial in all walks of life and it also helps gamblers to stay positive. Gambling risks are too many, and only the right gamblers who can practice a few risk strategies will see profits in gambling. However if a player understands that gambling can also help him improve his risk management skills, he wouldn't bother much about making profits in gambling. The skill he's working on would make a difference in his office life and improve his productivity. Perceiving gambling as a skill acquisition game is better than seeing it as a money-making scheme. The way we manage our money in gambling determines how our daily expenses would be in the market or businesses. Figuring out the right decision to predict in gambling helps the brain to take similar actions when running an investment, and also to determine the right moment to quit a money move. This is one of the reasons why most rich businessmen gamble, not for money, as they already have the money.

They are mostly gambling for the information embedded in gambling. Managing risks is our main responsibility as gamblers. With discipline, a gambler wouldn't suffer losses, and the right strategy could be crafted via self-control. While everything relies on luck, we shouldn't depend on it, as the only way out as gamblers. Because the analysis and the mathematical formulas would be luck based. Accepting that that analysis would yield wins and profits can lead to a gambler spending more than he budgeted. Money management is also under risk management, and it's a legitimate gambling skill for any gambler, be it a good analyst or a new gambler with no college degree. Once the player can handle his funds properly he would be safe in gambling. Other than that, we must prioritize what we can control. I mentioned self-control, because it's not dependent on luck, the gambler has the power to manipulate how he behaves after winning or losing a game.

Maybe on that part, since everything is on luck, try to manage the risks in the form of wise betting. For example, don't just aim right away for a $5 per bet at the start of the session, just to increase the winnings. If possible, try to settle first on $1 per bet and observe things from there. If winning, just continue on that bet amount until the bankroll grows, and can now entertain a $5 bet for several attempts.

In a game of luck, managing the bankroll should be the priority and for that to worked out, a responsible approach is necessary.