The Malta Independent 26 May 2025, Monday
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Cut Your Losses and Move On: 5 Ways to Gamble Responsibly

Tuesday, 25 April 2023, 12:03 Last update: about 3 years ago

Buck The Odds While Playing Smart: 5 Tips For Playing Responsibly - Follow these tips to steer clear of the risks associated with excessive gambling and maintain a healthy relationship with an activity that’s meant to be fun

Looking for ways to enjoy gambling without putting yourself at risk? It’s a fine line to tread really, especially with the consequences of excessive gambling being so deleterious. Gambling addiction is a reality that many experts in the field often try to address. As a casino enthusiast himself, and somewhat of an expert, Editor-in-Chief from NoDepositWorld.com Ben Edwards shares his honest opinion about this:

‘You know, as a leading affiliate site for online casinos whether new or veteran, we often feel like we’re in a precarious position. Because on one hand, our job is to promote top online gambling brands and sportsbooks. On the other, we carry the onus to provide a holistic, ‘black and white’ picture to our readers and customers alike. Thus, raising awareness is crucial. Yes, the rate of problem gambling is on the rise, some may say at an alarming rate, even. We certainly cannot wear blinkers when it's such a glaring reality.

But what many people looking from the outside fail to understand is, part of maintaining our reputability is being fully transparent. And this means having to address tough topics like gambling addiction, the necessity for support and of course, how stigmatization can curtail an individual’s recovery.’

The good news is that responsible gambling tools are available for those who recognize that they tend to lose control while playing and want to take proactive steps to prevent it. These tools allow players to set limits and restrictions before they start playing to avoid getting caught up in the game and forgetting their good intentions. But if you wouldn’t like to resort to these tools, here are five basic tips that can help you gamble in a way that is more mindful and strategic.

1. Bet Only What You Afford To Lose </H2>

One of the most important points to keep in mind when gambling is to set a budget and stick to it. Surely, you don’t want to end up losing the money that you need for bills and everyday expenses. Another important point is to avoid borrowing money from others. Needless to say, this may very well lead you to overwhelming debts and financial troubles, which can turn gambling into an activity that’s necessary to pay off debts rather than the enjoyable activity it’s meant to be. It’s also important not to give in to the temptation of chasing losses. Trying to recuperate a big loss by continuing to play can often make the situation worse. The key is to gamble rationally so that you avoid impulsive decisions and unnecessary financial losses.

2. Set A Time Limit </H2>

It’s easy to lose track of time while you’re in the heat of the game. Whether you’re winning or losing, time seems to run at a different pace altogether while gambling. Therefore, to prevent yourself from getting too caught up, it’s essential to set a boundary on the amount of time you allocate for gambling, and stick to it.

Another helpful tip is to set times for breaks during your gambling sessions. This can prevent you from being consumed by the game and help you maintain sound judgment. By taking breaks, you can step back, assess your situation, and decide whether or not to continue playing. This is a way in which you can avoid getting too caught up in the moment, so that you maintain a healthy relationship with gambling.

3. Mind Over Heart </H2>

Although a lot of emotions are involved in gambling, it’s crucial to play rationally. For this reason, avoid gambling when you’re overwhelmed by negative emotion, such as anger or sadness, or else when you’re particularly stressed. This can stunt your decision-making abilities and lead to impulsive behavior.

Another way to prevent your emotions from taking over is to avoid playing on your favorite team. This can cloud your reasoning and possibly lead to financial losses. A further tip is to keep superstition out of the game. Gambling is mostly a game of luck, and while it’s common to have personal beliefs or rituals, it will not help you to rely much on them, because this can lead to reckless decision-making while potentially putting your bankroll at risk.

Instead of being led by superstition, try focusing on the rules and the odds of the games you’re playing. Get to know games’ RTP and read the terms and conditions related to bonuses and other promotions, so that you can make informed decisions and increase your chances of winning.

4. Don’t Gamble Under The Influence </H2>

While it’s perfectly fine to enjoy a few beers while playing, it’s best to avoid gambling after consuming a large amount of alcohol. You might end up exceeding your allocated time for playing and betting more money than you afford to lose.

5. Seek Assistance </H2>

If you find it difficult to set your own limits and stick to them, you may want to opt for pre-commitment tools such as loss limits, play limits and deposit limits, which fall under the umbrella of responsible gambling tools. Alternatively, you might want to self-exclude altogether, which means that you voluntarily exclude yourself from all gambling activities for a set period. There’s no shame in needing such help. On the contrary, it shows your strength and commitment to playing in a way that is safe and healthy for you.

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