Problem gambling is characterized by excessive gambling that has significant financial repercussions. The structure of different types of payments, be it cash or credit cards, may have a profound impact on gambling as well as life. 

To resist problem gambling and make gamblers more responsible for what they do, the Responsible Gambling Council has laid down a set of policies. However, with the usage of credit cards, these policies can be at times easily broken. Here is how credit cards breach responsible gambling policies.

Credit Cards and Their Breaching of Responsible Gambling Policies

Although most credit cards have an annual charge, there are credit cards that do not have any. There are UK online casinos and slots that accept credit cards that even allow cashback and other tempting offers. With such facilities and qualities to govern, there are numerous ways in which credit cards can breach responsible gambling policies. 

• Credit cards such as Chase Freedom Unlimited Card allow a player to get the most liberal cashback in the game. With such offers at hand, players tend to violate deposit limits and eventually run into problem gambling. RGC is meant to promote the wellbeing of a community, but when cards like Chase Freedom Unlimited are made accessible society becomes more and more addictive and less responsible. 

• Then you have cards like City Double Cash Cards, which eliminate the worry of an annual charge from its holders. When you know you are not being charged you simply become reckless and end up gambling more than you should. Such recklessness not only impacts the life of your family but also affects the society you are part of in a massive way, and effectively violates RGC policies.

• Cards like, City Simplicity Cards terminate late fees. As a result, it not only ends up upholding the problem gambler but also helps him run into quick debt. When a gambler knows their late fees are being terminated, his lust for gambling is intensified. By putting the individual into debt, credit cards not only breach responsible gambling but also risk the life of the gambler in a discussion. 

• And finally, cards like Petal 2 Visa Credit Cards come with the promise of cashback and zero fees. Having offered both at the same time, cashback and zero-fee, these cards intensify the passion for gambling in many. Apart from losing the bet itself, since these cards offer mathematically a smaller number of risks, players feel liberated and end up running into problem gambling. 

Responsible Gambling Council

First, we must be introduced to the Responsible Gambling Council. An independent, recognized, and non-profit organization, Responsible Gambling Council aka RGC, encourages responsible gaming. Located in Canada, and now for almost four decades, RGC has been a leader in preventing gambling-related problems. It has taken an initiative to solve gambling problems residing not only in Canada but in the whole world. 

Even though gambling can be fun, it can also cause serious problems such as debt, addiction, and money problems. Approximately 5% of UK adults suffer from gambling addictions and there are even some books to cope with gambling addiction. In the past four weeks, 15% of online gamblers have gambled at work. To make gambling secured, friendly, and above all less addictive, the Responsible Gambling Council has laid down numerous policies. These are the policies that we address by the term Responsible Gambling Policies. The Responsible Gambling Council seeks to be sensitive, and battles to bring about changes that are life-furthering. The motto is to promote ‘responsible gambling’ and help individuals become better and more responsible as citizens of the world.

Here Is What Responsible Gambling Council Firmly Believes In

• They believe in fundamental human rights – one’s right to be safe, one’s right to be happy, and finally one’s right to find help at times when they need it.

• The RGC believes that partnering with the gambling industry can reduce the massive risks customers are likely to face. They believe such an initiative can also help in keeping the companies' reputation and performance integrated to an impressive extent.

• And last but not the least, they believe that players and the industry both benefit from safe, sustainable gambling behaviours.

The Responsible Gambling Policy

Well, now it is time for us to delve deeper into the matter and closely study the respective policies advanced by the Responsible Understanding their implications is crucial in knowing how usage of Credit Cards can sometimes make a breach.

• Enabling customers to set a deposit limit.

• Enabling customers to sign up for self-exclusion at independent operators, whether, temporarily or permanently, and whenever they want. 

• Making customers, already affected because of problem gambling, aware of the help and support which they should be getting. 

Conclusion

Well, that covers the chapter for today. We hope you realize the risk factors and reject problem gambling. The use of credit cards does certainly make transactions easy but it should never be a motivation to risk your life. 

This article is sponsored content.