Safe Gambling

What is RG?

safe gambling

RG, short for Responsible Gambling, must be crucial to every player’s safe gambling experience.

Gambling can become problematic when patrons use it to earn money instead of seeing gambling as entertainment.

Let’s be clear: there are never any guarantees of winning. Regardless of your strategy, gambling should solely be seen as entertainment.

Safe gambling principles include encouraging players to set and stick to a budget and never to gamble with more money than the player can afford to lose to entertainment.

OnlineGamblers.com mission is to proactively prevent gambling problems by educating players on ways to gamble safely.

To gamble safe means understanding that gambling is not a source of income. It means knowing your budget for gambling entertainment, taking breaks when needed, and setting technical limits on tools that sites provide.

These tools are not for gamblers who already have problems, but these tools have been developed to prevent gambling addiction.

  Gambling as a type of entertainment

Gambling itself is a type of entertainment. It’s one of the oldest entertainment in the world. This means that gambling should be used as a tool to have fun.

Like going to the cinema, eating at an expensive restaurant or playing football. You pay to attend those events, right? So this is similar – you pay for a fun experience.

You might win money on this experience, but there are never guarantees. How much you wish to spend on your gambling entertainment is entirely up to you.

There is a misconception that you can earn money by gambling. Yes, of course, you can get lucky, which is part of the thrill of gambling!

But there should never be the intention of earning money to pay rent, give back a loan, or similar.

This way you are putting a high expectation on yourself that not necessarily will come true.

Gambling on Credit

Additionally, we highly discourage players to gamble on credit! Gambling with borrowed money, primarily through credit cards, poses severe risks that should be avoided.

Financial Impact: Using credit cards for gambling means wagering money you don’t have. Losses can quickly spiral into debt, compounded by high interest rates, leading to financial ruin.

Impulsive Behavior: The ease of swiping a card can fuel impulsive betting, as it feels less tangible than cash. This can lead to reckless decisions and chasing losses.

Psychological Toll: Mounting debt can trigger stress, anxiety, and depression. The shame of unpaid debts worsens mental health, perpetuating a cycle of compulsive gambling.

Legal and Ethical Issues: Many places have rules against using credit cards for gambling to keep people safe and stop bad things from happening. Not following these rules makes things even worse.

Relationships: Financial strain and secrecy around gambling damage relationships, leading to trust issues and resentment.

In the section ”Safe Gambling” we cover the topics below:

1. What do I need to gamble online?

2 What documents are standard for gambling KYC, and why is this needed?

3. How can I verify that I am playing on a licensed operator in the US?

4. Why is it safer to gamble with a licensed online than a land-based operator?

5. How to pick an operator?

6. What payment options are available for gambling online?

7. Understanding online gambling Bonus T&Cs.

8. What is Geolocation Technology?

Safe Gambling Tips

responsible gambling helpline

  • Spend Wisely: Only use money you are prepared to lose for gambling.
  • Set Limits: Establish clear limits on the amount of money and time you dedicate to gambling.
  • Avoid Chasing Losses: Never try to recover losses by gambling more.
  • Entertainment Only: Understand that gambling should be considered entertainment, not a financial solution.

Available Tools and Support Services

If you ever feel that your gambling habits are getting out of control, please:

  • Self-Exclusion Initiative: A voluntary program allowing individuals to exclude themselves from all gambling activities across the state.
  • 1-800-GAMBLER Hotline: This NCPG confidential hotline offers support and resources for those dealing with gambling issues, accessible via phone and chat.

Responsible Gambling (RG) is a set of principles and practices aimed at ensuring that gambling remains a form of entertainment without causing harm. It’s crucial because it promotes safe gambling behaviors and helps prevent problem gambling.

Practicing Responsible Gambling involves setting and sticking to a budget, never gambling with more money than you can afford to lose, taking breaks when needed, and utilizing tools provided by gambling sites to set limits on your activity.

Gambling on credit, especially through credit cards, poses significant risks including financial ruin, impulsive behavior, psychological toll, legal and ethical issues, and strain on relationships. It’s essential to only gamble with money you have set aside for entertainment purposes.

Signs that your gambling habits may be problematic include chasing losses, lying about your gambling activities, feeling guilt or remorse after gambling, and experiencing financial or relationship problems due to gambling. Recognizing these signs and seeking help is crucial.

If you feel your gambling habits are getting out of control, there are support services available, including self-exclusion programs where you can voluntarily exclude yourself from gambling activities, as well as hotlines like 1-800-GAMBLER, which offer confidential support and resources for those dealing with gambling issues.

 

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Liga Tarasova has a history of quality assurance and leading teams in an outsourcing company. Currently, she is working remotely as an Editor in Chief for Onlinegamblers.com. She stands for fair and safe gambling for people in the USA. Not long ago, she lived in Malta, the global iGaming hub, and worked at an iGaming company offering cloud-based product and platform services to B2B partners. Liga’s passion is visual arts and interior design.