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Topic: "The Lower-Risk Gambling Guidelines" Is this a joke? - page 8. (Read 1173 times)

legendary
Activity: 1456
Merit: 1108
Top-tier crypto casino and sportsbook
The guidelines are good on a broader sense when you think of it, but their detailed strategy on how to honor the guidelines like gambling with just 1% per month and just 4 times in a month seems unachievable to me. Say for instance, using same example of someone with a household income of $70k and supposed to use $58 which is 1% of it in a month to gamble say the 4 times or even lesser, It means the person will still have to further split the $58 into the number of times he is to gamble that month, gambling with such an amount seems like a joke.

IMO, the summary of the guidelines to lower-risk gambling are;
-Gamble with a fixed percent of your household income, an amount you can afford to loose.
-Choose the number of times you will gamble in a month and be disciplined about it.
hero member
Activity: 756
Merit: 629
$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases.

It seems absurd to you, but from the point of view of the one who gives these tips, everything is logical: playing for a small amount of money, a person will not attach importance to this and this will help to avoid addiction.

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Guideline 2: Gamble no more than 4 days per month
While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.

Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?

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Guideline 3: Avoid regularly gambling at more than 2 types of games
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?

This is a controversial point, but I think its meaning is the same as in the previous points - to protect a person from addiction as much as possible.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
I have read some guidelines about the proper ways to gamble before, I am not surprised to see this type of guideline again. I remember when I read the guideline of a football predicting site which was soccervista, if I recall correctly, exactly to only gamble with 1% of your income  is included there too. It was too low for me, I became an addict but finally realized that the saying is true, it would help you have good gambling habit.

But this would depend from individual to individual, I use 5% of my income to gamble, it can not be more, but there are sometimes I found myself not using more than 2%, this is because of good gambling habit that helps in making profit while gambling and I make profit than loss, unlike before.

I prefer to bet on football matches, just ones in a week, and mainly on top leagues like EPL, La Liga Santander, Seria A, Bundesliga and Lique 1. They do play from Fridays to Monday and I am not betting more than 1 or 2 times weekly. Only what could make me bet more is during Champions League, and not often more because if I bet on Champions League, there is probability of the top clubs not to have matches, but I could go for lower matches at that times if I am really not busy.

In my opinion, these are all good advices, if you know you can increased your betting amount percentage of your total income and if convenient for you, you can increase it, but using small amount makes it fun and entertaining. Gambling not more than 4 times monthly makes it convenient and give you a good gambling habit, this can be weekend when having fun around friends like in the bar while watching the live match that you bet on, or it can just be a casino while having the fun and not going beyond your limit. A good gambling guideline would also include avoiding regular gambling. You should fill your life not only with gambling but other things that can be recreation for yourself.

Gambling is good if these guidelines are followed, and it is the exact opposite of gambling addiction.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/

They say:
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If you gamble, the new Lower-Risk Gambling Guidelines show you how to lower the risks and harms associated with gambling. There are only three guidelines, but you should follow all three.

And the joke begins:
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Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:

Even if you earn 6 figures, you can only bet <$100, less than @roycilik's weekly budget Cheesy

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Guideline 2: Gamble no more than 4 days per month
While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.

Quote
Guideline 3: Avoid regularly gambling at more than 2 types of games
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?
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