Gambling responsibly means being able to exercise control over your gambling activity. And not letting it negatively impact other areas of your life.
Gambling responsibly is when you:
- Are you in control of how much time and money you are spending
- See gambling as a form of entertainment
- Don’t bet more than you can afford to lose
- Know and accept the odds
- Keep sight of your chances of winning
- Accept that your spending limits may be less than others
- Don’t go back the next time to try and win back your losses.
However, gambling is becoming far more widespread and difficult to avoid. We can now play the pokies on our smartphones, and we are subject to sports betting advertising throughout our sports broadcasts.
Our Tips for safer gambling
Always gamble with money that you can afford to lose.
Gamble with money that you set aside for fun, like going to the movies or going out for drinks. Never use money that you need for important things like rent, bills, tuition, etc.
Never chase losses.
If you lose money, never try to get it back by going over your limit. This usually leads to even bigger losses.
Set a money limit.
Decide how much money you can afford to lose before you play. When you have lost that amount of money, quit. If you win – enjoy, but remember it won’t happen most of the time.
Don’t gamble when you are depressed or upset.
It is hard to make good decisions about gambling when you are feeling down.
Set a time limit.
Decide how much time you can afford to spend gambling. When you reach that time limit, stop gambling.