Gambling on sports is fun and can make the excitement of a sports event even better. However, sports betting can get out of hand and some punters do not know when to stop. Betting on sports can be lucrative and some lucky individuals have been able to turn it into a full-time or part-time job.
While some people have successfully transitioned into full-time or part-time punters, plenty of other individuals have struggled with their gambling issues. Not every punter knows when to stop betting on sports. The good news is that some major sports betting websites make it possible to take breaks for gambling on sports.
If you want to gamble responsibly, then you have the tools to succeed. At one time, it wasn't quite as easy to be aware of the issues associated with gambling. Now, there are ways to get help if you have a problem gambling.
What is Responsible gambling?
Responsible gambling means that you do not put yourself or other people at risk when betting on sports. The risks of gambling are high and they don't just affect you, but those people around you. Responsible gambling ensures that you remain safe when betting on your favourite sports.
What Responsible Gambling Strategies Are There?
There are a few strategies you can adopt to help you stay safe when gambling. These responsible strategies will help you remain risk-free.
- Don’t gamble when you’re angry, depressed, sad, stressed out, or upset
- Limit the amount of alcohol you ingest before and during gambling
- Understand the games you are betting on before you wager
- Set a financial budget on the amount you are willing to gamble and don't add to it
- Set a time limit for how long you plan to gamble and don't exceed it
- Regularly take breaks, eat food, drink non-alcoholic liquids, and walk around
- Never borrow money from others and only use your set amount
- Don’t chase the money you lost
- Don't use gambling as a way to cover your bills, pay for a trip, or buy something new
- Don't use your credit cards and only gamble your set amount of money
- Do other recreational activities to balance out the gambling
- Stop when the fun is over
- Don’t consider "good luck" strategies as a way to improve winning
How Do I Limit What I Gamble?
Start off by budgeting a money limit. A budget will give you a set amount of money that can be gambled. Your budget should cover a set period of time. It is important to track the amount of money you gamble.
Planning ahead also prevents you from gambling too much. Map out the events or games that are upcoming that you want to wager on. Planning the times you gamble not only prevents you from betting on a regular basis, but it keeps the exciting thrill of betting on sports alive. If you only gamble on specified days and events, then you will be excited to wager on those games.
Doing other activities that do not involve gambling can also limit your betting. Activities such as exercise can get your mind off of betting on sports.
Many online sportsbooks allow for self exclusion. This is a great way to limit the amount of money you gamble.
What Is Self Exclusion?
If gambling is a problem, you can ask a provider to exclude you from betting for a specified length of time. An online gambling company can exclude you for up to five years from Internet sports betting and casinos. Oftentimes, exclusion last between six and 12 months, but depending on your circumstances, can be longer.
All gambling providers in the United Kingdom are required to provide exclusion to customers. If you opt for exclusion, you will be refused access by the website and prevented from betting on games.
When you join a self exclusion list, you agree to:
- Being excluded for at least six months from betting websites
- You must supply proof of identity along with a photo
- You will be taken off of all marketing databases
- You won't be contacted during the self exclusion period
- You will remain in the self exclusion program until the period ends
- You will remain excluded from market databases even after the exclusion ends
The online gambling company and bet shops will do their best to help you during this time.
How Do I Know If I Have A Gambling Problem?
There are numerous signs and symptoms of individuals with a gambling problem. Gambling problems may be experienced by people of all financial backgrounds and are not experienced by just one type of people.
Some of the signs and symptoms that people with gambling problems display are:
- Always thinking about gambling and routinely considering how to get more money to bet on games
- A need to bet more money to get the same excitement.
- An inability to control gambling behaviour
- Feelings of anxiety and restlessness when not gambling
- Trying to escape life's problems by gambling
- Chasing the money you have lost by gambling more
- Lying to friends and family about the using gambling websites or gambling in general
- Losing jobs, relationships, and possessions due to gambling
- Turning to crime to fund your gambling
- Asking other people for money to gamble or cover your bills
It may not be easy to see your gambling issues. Family members may be able to see a change in your behaviour and suggest you get help. There are a number of resources available to sport bettors. These resources will help you get the help needed if gambling is taking control of your life. Don't wait until gambling takes over. You can seek help today.
Where Can I Go If I Need Advice for Gambling Problem?
Gambling is an issue and is just like other addictions. There are a number of rehabs that now help people with their gambling issues. Professional help is available and you can find confidential advice on the matter to help you overcome your gambling addiction.
Along with rehab centres, you can find help from BeGambleAware. Regardless of how you feel about your gambling issues, there are professionals that can give you the emotional support needed to heal.