On several occasions throughout your gaming experience, you might have wondered what is responsible gaming. It is practically a broad set of policies and requirements taken by the whole gambling industry in order to ensure the integrity and fairness of every single operation and restrain gambling addiction. That includes gambling stakeholders, governing bodies, gaming control boards and vendors including software providers. Every counterpart does what is necessary to maintain a certain high-quality level and a safe players’ experience. Through all of these practices, they try to find a responsible gambling solution that protects all bettors from the negative consequences of gambling. After all, gambling should be treated as players’ favourite pastime and not as means to generate income.
While the majority of regular players treat gambling as a recreation way and tend to bet as long as they can without risking financially; still, there is a big rate of gamblers that find it quite difficult to control their game and spending. Online operators and software providers that offer their services and platforms must always be monitored and obliged to comply with the rules and principles of responsible gaming. What’s more, it is vital for vendors to constantly support online operators to cope with new regulations in place by the respective governing bodies.
What is responsible gaming
The hard part of talking about responsible gambling policies is the actual implementation of these sets of rules for problem gamblers. The first part is to recognize all important areas that all peers need to consider.
First and foremost, a responsible gaming policy should protect vulnerable gamblers. Many players can become addicted to sports betting or casino gaming and by spending more money than they can afford, their lives are severely affected. Added to that, the prevention of underage gambling should be one of the primary goals of an effective responsible gambling solution as individuals that haven’t reached the legal age of 18 or 21 years old must not be allowed to gamble. Another important sector to take into consideration is the prevention of criminal activities.
For that reason, operators together with the domestic gambling regulatory authorities need to take all the necessary safety measures like obtaining private and financial data and take procedures that detect and block every money laundering activity. Protection of personal information and payments are two other sectors that a responsible gaming solution needs to be set. It is more than important for players’ data to be respected and financial details protected from any malicious activities. Perhaps the last area that RG policies can intervene is marketing. All operators should ensure that their advertisements and promos must target specific audiences and not impelling problem gamblers or underage gamblers to participate in this kind of activity.
Important tips for responsible gambling
Even if you typically know what is responsible gaming, it is essential to be aware of important tips and restrain yourself in case you have seen relevant playing habits that affect you financially and emotionally. Besides you, every operator in the gambling industry is responsible for promoting an ethical gaming activity and impelling you to practice and implement responsible gambling tips in your everyday gaming life. So, we will examine in the section below, ways to cope with gambling and of course, how responsible gambling can positively affect your life.
Gambling is supposed to be an entertaining activity and this is how you should approach it. In case you are not keen on a specific operator, you may search the internet and find one that suits your gaming preferences. After all, that’s why online bookmakers and casinos are so diverse. Besides that, responsible gambling means treating your game not as a way to increase your daily or monthly income but as a way to have fun and pass your free time.
Furthermore, you need to know that as a bettor, you shouldn’t bet and risk more money than you can afford to lose. That’s why you can set some rules to avoid losing a significant amount. For that reason, many online operators implement mechanisms that allow you to set limits regarding your activity. These mechanisms are a robust responsible gaming solution and usually consist of deposit limits or loss limits that can be calculated on a daily, weekly or monthly basis. Apart from that, many platforms come with wagering limitations as well and all you have to do is check it in the relevant section.
Another responsible gaming practice is time evaluation and limitation which means that you can control how much time you spend on gambling each day. If it’s more than a few hours, then you should probably consider taking a little break from your activity.
Sure, when you think of a nice hand of blackjack or poker, they instantly go hand in hand with a glass of drink. However, you should always remember that alcohol can severely impair your judgement. Thus, it is essential to be completely sober when wagering at your favourite bookie or casino. The aforementioned practice is a basic responsible gambling solution and you should treat it with the relevant respect before ending up doing anything you might regret later.
In case you’ve seen your balance taking a deep dive and you feel that this goes out of hand, it is better to take a little or a longer break from your gambling activity. A way you can do so without risking breaking this promise to yourself is by setting a time-out or a self-exclusion. The first might be for a short period of time (usually up to 6 weeks) whereas, the latter can be in effect for 6 months up to 5 years.
Lastly, as we first mentioned, gambling should be all about entertaining and enjoying your pastime. However, if for any reason you have symptoms of depression or anxiety, then you should reconsider before opting for a casino game or betting on a sports event. Either way, when you are not emotionally stable it is better to avoid wagering as it might as well go out of your control. In any case, if you feel that any of the abovementioned applies to you, we strongly suggest you contact an RG organization that can offer the necessary support to your issue.
Why is finding a responsible gambling solution important for you?
If you take into account every single issue we mentioned above it is more than obvious why responsible gambling policies need to be implemented and why a general solution to all major gambling problems can eventually be the answer. However, if you take a closer look you can understand that a responsible gaming solution will not only positively affect problem gamblers but also the gambling industry and domestic finances overall.
Operators set their responsible gambling policies in accordance with regulatory authorities that supervise them in order to help problem gamblers. However, if they keep every single player away from developing this kind of pathogens, they will constantly benefit from him financially as he will keep playing. In retrospect, this individual will keep playing as long as he can afford and won’t neglect his obligations to the government, hence the benefit will be multiple for each party involved.
Governments worldwide tend to regulate their domestic gambling markets in an effort to benefit from taxes. Nonetheless, besides their immense profits due to taxation, they also set a law framework that works on behalf of the player in case of a dispute against an online operator. All in all, through these practices, you can practically understand why this solution is so important and definitely why even a local regulatory authority can give you responsible gambling tips.
The best tools working as responsible gaming solution
Established gambling operators worldwide take all the necessary measures in order to ensure that responsible gaming policies are respected and followed by bettors. These measures vary, nevertheless, all of them aim to protect players from the negative consequences of online gambling when addiction and other problematic behaviours hit their door. All these operators offer distinguished tools through their platforms. Most of these RG tools can be accessed via registration and the player can activate them in the account settings.
The most common tools are deposit, loss, session and wagering limits, time-outs and self-exclusion. The responsible service of gambling begins with the deposit limit. This tool allows you to set a limit to your account in the number of funds you are able to deposit on a daily, weekly or monthly basis. If you reach the specified limit, you won’t be able to deposit any more funds until the set time has elapsed.
Another tool is the loss limit which comes to answer what is responsible gaming. This second tool enables you to put a limit on the amount of money that you are allowed to lose on a daily, weekly or monthly basis. In case you reach the specified limit, you will not be able to continue wagering, hence, protecting you from losing more money than you can afford.
Aside from the limits we mentioned above, there are two more responsible gambling solutions. If nothing else works on your behalf and the problem of controlling your activity gets worse, then you can try to take a little break from wagering. For that reason, operators offer you the option to take a time-out. During a period that lasts from a single day up to 6 weeks, you won’t be able to access your account and play even if you request it. In conclusion, the last tool that can help you take a larger break from gambling is self-exclusion and it can be activated from 6 months up to 5 years upon request. Of course, your account cannot be open anytime sooner upon request.
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