Responsible Gambling – The Way Gambling Should Be Conducted

Gambling is the favorite past time activity for many and allows an individual to win money playing odds and evens, but there are also chances to lose the hard earned money in the game. Thus, you should be wise enough to know about the pertinent risks involved in the game and play it in a limited fashion.

The online world has brought the sparkling arena of gambling right at your finger tips, and today you can put your bets using your home personal computer or on-the-go using your Smartphone, but all this convenience should not let you to get swayed under the set of circumstances. You should take only that much risk that doesn’t affect your social and economical status in-case you lose.

Responsible Gambling – The Way Gambling Should Be Conducted

Gambling is the favorite past time activity for many and allows an individual to win money playing odds and evens, but there are also chances to lose the hard earned money in the game. Thus, you should be wise enough to know about the pertinent risks involved in the game and play it in a limited fashion.

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The online world has brought the sparkling arena of gambling right at your finger tips, and today you can put your bets using your home personal computer or on-the-go using your Smartphone, but all this convenience should not let you to get swayed under the set of circumstances. You should take only that much risk that doesn’t affect your social and economical status in-case you lose.

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Why do people gamble?

Gambling has been associated to human society since time immemorial; people used to gamble even during the ages of kings and castles. Every person has at least once gone to the casinos to gamble and to have fun. He/she may try out his luck at the table trying to win with the lucky number or may place a lucky bet on the table. But wait, is gambling really about the luck factor. Is it really your path to have absolute happiness and loads of money as being emphasized by the so called money minting casino firms?

If it’s really based on your luck, try the odds of obtaining heads in the 7th, 9th and 15th toss of the coin; pretty difficult, huh! A similar thing happens when you’re gambling and you start attributing your success to your luckiness. It’s a sheer chance that you win sometimes, either by luck or because of mistakes made by others in card based games.

Everyone starts to gamble to have some fun, take away boredom, to have that wonderful feeling of winning. The moment when gambling becomes a means to earn money and to earn back the lost money, that’s when the sport takes a bad course.

People become desperate to win back their lost money, thus mortgaging all they have which can ultimately result in losing everything. This is where responsible gambling comes in, a need for providing a favorable environment for setting up a controlled atmosphere for gambling.

Responsible Gambling definition

A person who practices responsible gambling has

  1. Thorough knowledge of the risks associated with the gambling activities and does gambling just for the sake of pleasure and entertainment, not as a means to earn money
  2. Has set limits on himself regarding the spending amount and knows his limits
  3. Doesn’t allow gambling to affect his life and other activities.

In a broader sense from the community view point, responsible gambling involves setting up responsible gambling trust which conducts responsible gambling courses and awareness campaigns to promote safe gambling practices in the community.

Bet Regret

It’s a common feeling among people to feel guilty of betting too much money than planned. This feeling is known as Bet Regret. If you experience this, it’s a calling sign for re-examining your gambling practices before it starts playing havoc in your life. Some common responsible gambling code of practice involves:

  1. Know your betting limits and how often you bet
  2. Never indulge in heavy drinking while betting
  3. Gamble for fun, not to earn.
  4. Learn from your past experience.

Responsible gambling Victoria foundation promotes responsible gambling as harmless fun but warns against excessive indulgence. The Victoria Responsible Gaming Foundation is involved in various responsible gambling programs and activities which promotes and conducts responsible gaming courses online and has specialized responsible gambling funds set up for the same. The foundation’s online site has many resources and has responsible gambling videos of real Victorians who kicked the habit of harmful gambling and promote responsible gambling.

How to practice responsible gambling

Here are 10 rules of responsible gambling which will help you in preaching responsible gambling

  1. Fix an amount you will spend on gambling for leisure and stick to it. Don’t carry your credit cards while indulging yourself in betting activities
  2. Allocate specific time in a week for betting activities. Abstain from indulging in betting other than your stipulated time. Instead try out some new activities like trekking, playing some sports etc.
  3. Gambling is just for fun. Once you lose interest in it and gambling doesn’t interest you, stay away from it. Never bet just for earning money. Play for the sake of enjoying.
  4. Know well your odds of winning. You can have a beginner’s luck; however it is not supposed to stay that way. Even great amount of knowledge may not guarantee wins sometimes.
  5. Always bet with the cash you have. Abstain from using credit cards while betting, avoid taking debt. Taking debt will only push you further into the abyss of harmful gambling.
  6. Don’t spend too much time on the gambling table. Stay away from the gambling table and take short breaks in between. This way you don’t remain addicted.
  7. Never indulge in heavy drinking while betting. Heavy drinking will weaken your senses and reduced thinking capacity. It results in making poor decisions.
  8. Let your friends and family know about your gambling activities. In this way, you will feel accountable to someone and avoid over-splurging.
  9. Let your friends and family know your limits. Even if you break the limit, your friends will be around you to stop you from over indulgence. Also you will help your mates in kicking their habits.
  10. Remember gambling is just for fun, not a serious business to earn money.

Responsible Gambling Awareness campaigns

There are a plethora of foundation dedicated to promoting responsible gambling in various countries like responsible gambling UK, responsible gambling Australia, responsible gambling Alberta, responsible gambling advisory committee Queensland being some from the numerous other responsible gambling councils which has laid down responsible gambling charter regarding the best tips to promote responsible gambling and conducts various online courses to promote it.

This responsible gambling foundation’s have also set responsible gambling general principles and minimum requirements, associated funds and responsible gambling week which involves educating the community about the need for responsible gambling. The Victoria Responsible Gambling Foundation runs advertising campaigns featuring responsible gambling slogans like ‘Many ways to gamble’, ‘ Fight for you’ and ‘Kidbet’ for increasing awareness about responsible gambling among young people.

These foundations have means for various responsible gambling research grants which awards for finding and devising new ways and methods to curb the menace of harmful gambling. There are also various responsible gambling YouTube videos regarding how to tackle Bet Regret condition and promote responsible gambling practices.

Sources of Gambling and Organizations Responsible

Traditionally gambling was associated with betting practices in casinos. However with the advent of internet, there are numerous applications which allow you to place bets from your phones. Every casino and online betting sites promote responsible gambling. 888 poker, 888 sports betting,g4, gala betting all promote responsible gambling practices.

Why do people gamble?

Gambling has been associated to human society since time immemorial; people used to gamble even during the ages of kings and castles. Every person has at least once gone to the casinos to gamble and to have fun. He/she may try out his luck at the table trying to win with the lucky number or may place a lucky bet on the table. But wait, is gambling really about the luck factor. Is it really your path to have absolute happiness and loads of money as being emphasized by the so called money minting casino firms?

If it’s really based on your luck, try the odds of obtaining heads in the 7th, 9th and 15th toss of the coin; pretty difficult, huh! A similar thing happens when you’re gambling and you start attributing your success to your luckiness. It’s a sheer chance that you win sometimes, either by luck or because of mistakes made by others in card based games.

Everyone starts to gamble to have some fun, take away boredom, to have that wonderful feeling of winning. The moment when gambling becomes a means to earn money and to earn back the lost money, that’s when the sport takes a bad course.

People become desperate to win back their lost money, thus mortgaging all they have which can ultimately result in losing everything. This is where responsible gambling comes in, a need for providing a favorable environment for setting up a controlled atmosphere for gambling.

Responsible Gambling definition

A person who practices responsible gambling has

  1. Thorough knowledge of the risks associated with the gambling activities and does gambling just for the sake of pleasure and entertainment, not as a means to earn money
  2. Has set limits on himself regarding the spending amount and knows his limits
  3. Doesn’t allow gambling to affect his life and other activities.

In a broader sense from the community view point, responsible gambling involves setting up responsible gambling trust which conducts responsible gambling courses and awareness campaigns to promote safe gambling practices in the community.

Bet Regret

It’s a common feeling among people to feel guilty of betting too much money than planned. This feeling is known as Bet Regret. If you experience this, it’s a calling sign for re-examining your gambling practices before it starts playing havoc in your life. Some common responsible gambling code of practice involves:

  1. Know your betting limits and how often you bet
  2. Never indulge in heavy drinking while betting
  3. Gamble for fun, not to earn.
  4. Learn from your past experience.

Responsible gambling Victoria foundation promotes responsible gambling as harmless fun but warns against excessive indulgence. The Victoria Responsible Gaming Foundation is involved in various responsible gambling programs and activities which promotes and conducts responsible gaming courses online and has specialized responsible gambling funds set up for the same. The foundation’s online site has many resources and has responsible gambling videos of real Victorians who kicked the habit of harmful gambling and promote responsible gambling.

How to practice responsible gambling

Here are 10 rules of responsible gambling which will help you in preaching responsible gambling

  1. Fix an amount you will spend on gambling for leisure and stick to it. Don’t carry your credit cards while indulging yourself in betting activities
  2. Allocate specific time in a week for betting activities. Abstain from indulging in betting other than your stipulated time. Instead try out some new activities like trekking, playing some sports etc.
  3. Gambling is just for fun. Once you lose interest in it and gambling doesn’t interest you, stay away from it. Never bet just for earning money. Play for the sake of enjoying.
  4. Know well your odds of winning. You can have a beginner’s luck; however it is not supposed to stay that way. Even great amount of knowledge may not guarantee wins sometimes.
  5. Always bet with the cash you have. Abstain from using credit cards while betting, avoid taking debt. Taking debt will only push you further into the abyss of harmful gambling.
  6. Don’t spend too much time on the gambling table. Stay away from the gambling table and take short breaks in between. This way you don’t remain addicted.
  7. Never indulge in heavy drinking while betting. Heavy drinking will weaken your senses and reduced thinking capacity. It results in making poor decisions.
  8. Let your friends and family know about your gambling activities. In this way, you will feel accountable to someone and avoid over-splurging.
  9. Let your friends and family know your limits. Even if you break the limit, your friends will be around you to stop you from over indulgence. Also you will help your mates in kicking their habits.
  10. Remember gambling is just for fun, not a serious business to earn money.
Responsible Gambling Awareness campaigns

There are a plethora of foundation dedicated to promoting responsible gambling in various countries like responsible gambling UK, responsible gambling Australia, responsible gambling Alberta, responsible gambling advisory committee Queensland being some from the numerous other responsible gambling councils which has laid down responsible gambling charter regarding the best tips to promote responsible gambling and conducts various online courses to promote it.

This responsible gambling foundation’s have also set responsible gambling general principles and minimum requirements, associated funds and responsible gambling week which involves educating the community about the need for responsible gambling. The Victoria Responsible Gambling Foundation runs advertising campaigns featuring responsible gambling slogans like ‘Many ways to gamble’, ‘ Fight for you’ and ‘Kidbet’ for increasing awareness about responsible gambling among young people.

These foundations have means for various responsible gambling research grants which awards for finding and devising new ways and methods to curb the menace of harmful gambling. There are also various responsible gambling YouTube videos regarding how to tackle Bet Regret condition and promote responsible gambling practices.

Sources of Gambling and Organizations Responsible

Traditionally gambling was associated with betting practices in casinos. However with the advent of internet, there are numerous applications which allow you to place bets from your phones. Every casino and online betting sites promote responsible gambling. 888 poker, 888 sports betting,g4, gala betting all promote responsible gambling practices.