As a provider of information about gaming and gambling-related topics, Red18 also promoting responsible gaming and encourages all of the visitors of the website and users of the services, to gamble responsibly. We want you to love gaming and gambling, but to always do so smartly.
What is Responsible Gambling?
Responsible gambling is about using gambling for fun pastime and entertainment’s sake. It makes a certain thrill to people and makes them a part of something enjoyable. This feeling is sometimes more sought out by others, that’s why a lot of people get attached to this activity creating a long-term issue.
This is where responsible gambling comes into play. However, we are very much aware that it can become a problem for some. Gambling can become problematic for some people when they use it as a source of income. Also, when they gamble with more money than they can afford to lose. Most people can stay in control though, and there are millions of people who enjoy healthy and responsible gaming.
Gambling becomes far more widespread and difficult to avoid. We can now play either android phones or smartphones and we are subject to sports betting advertising throughout the sports broadcasts. These can make it harder to be responsible in gambling.
Red18 is committed to helping and motivating our readers to be responsible for gambling. We offer our top tips for responsible gaming below. Also, we cover topics such as how to discover that you have a gaming problem and some tips on how to gamble responsibly. We highly advise that you read and follow them.
Principles of Responsible Gambling
Above all, responsible gambling is all about being rational and disciplined. There is no reason why it can’t be a healthy and enjoyable pastime. If you are blessed, you may even win some money. Gambling can become trouble if you can’t stay in control. So, you have to be well educated about the risks. This is why you must follow the above advice and make sure that you control your gambling rather than it being the other way around.
Responsible gambling is a precaution to counteract what is gambling addiction. You may follow these fundamental principles to resist your gambling problems. These are not the assurance to fix your problem completely.
1. Gambling is not the right way to make money
Online casinos should never think of as your primary source of income. It is not the right way to get rich quick, even though it is true that some expert punters have managed to turn gambling into profitable careers.
2. Never bet with money you don’t have
Gambling should be only be taken up when you can manage to do it. Also, you should never borrow money to use for online casino purposes. It’s better to keep away from financial stress and only bet when you have money in excess.
3. Responsible gambling has a fixed betting budget
You should have an idea of how much you are willing to bet. Set bets according to your plan daily, weekly, or monthly budget. You must gamble with money that you can manage to lose. There’s nothing wrong with spending your extra money on gambling if that’s what you want to do.
4. Bet on what you know
We recommend that you put your money where you know the sport inside out. Being knowledgeable about the sport you choose will help you develop logical techniques to minimize your losses while betting.
5. Don’t gamble when drunk
Gambling when you are drunk is something we strongly advise against. Alcohol has a habit of obstructing your critical thinking, which is absolutely for making prudent bets that result in your favor.
6. Use logic, not emotion
It’s ok that you have a favorite team that you want to keep betting on. However, basing your gambling decisions on your emotions is a big no. That would be one of the terrible decisions you can ever make when gambling. Responsible gaming demands that you listen to your head, not with your heart.
7. Responsible gaming doesn’t chase losses
When you experience a loss, learn to let it go. Do not bet more money in an attempt to recover previous losses because it can lead to bigger losses.
8. Keep track of your bets
Many online casinos will allow you to view your betting history. This will make it easy to keep traces of your bets. You should track every bet you have ever placed, know how much money you put into each bet, the profit you earn, and the losses you have incurred. In that way, you can formulate your prediction and game plan on your net bet.
9. Responsible gambling doesn’t rely on superstition
Most of the time it can be harmless when you believe in superstition. We recommend that you don’t count on them to help you win. Enough knowledge and logic can help you win at an online casino, not superstition.
10. Recognize if you a have problem
Responsible gambling also indicates realizing that you have crossed over the side of addiction. If you find yourself ignoring the principles of responsible gambling, we strongly suggest seeking help from the people in your life or contact a specialized group that can provide the necessary support.
Areas of Responsible and Safe Gambling
How do we characterize the types of responsible gambling that affect our industry? Let’s review the main responsible gaming elements that need to consider.
1. Protection of vulnerable gamblers
2. Prevention of underage gambling
3. Safety measures against criminal activities
4. Information privacy
5. Online payment protection
6. Creation of a secure online environment
7. Ethical and responsible marketing
How to Make Responsible Bets?
A lot of people asking how to make responsible bets? Responsible bets lie on reliable information on gambling sites. They give out techniques that ensure players victory and a prize to win. Responsible bets that are thoroughly thought through.
Singapore Responsible Gambling
Many websites offer protection as regards gambling. Singapore is one of the countries that implement responsible gambling. Casino patrons in Singapore will receive a notification on the amount of time and money they have spent at a casino to encourage responsible gaming. There are many efforts on responsible gambling in Singapore.
For example, the Responsible Gambling Forum, and Responsible Gambling Awareness Week. These were established to reinforce responsible gambling practices in Singapore and to ensure the longevity of the business. Also, protection of players who play online or traditional gambling casinos.