Tips on how to not fall into gambling addiction

Updated: December 24, 2020

Gambling addiction can be an easy trap to fall into, especially if you don’t know the signs to look out for. It’s also crucial that you understand the realities of gambling and the games that you are playing. It should never be looked at as a way to make money and this is the first of our top tips, let us explain in more detail:

Gambling is Entertainment

It doesn’t matter if you prefer to spin the roulette wheel, try to beat the dealer in blackjack or spin the reels on the pokies. All these games are considered to be gambling-based and they are all a form of entertainment that you pay to enjoy. The word “enjoy” is the key part here because if you aren’t enjoying the games then you shouldn’t be spending your money. It really is as simple as that.

Money Management & Limits

One important rule when gambling is to manage your money with a strict budget strategy. The number one rule is to only ever play and bet with money that you can afford to lose. If you’ve got bills and debts to pay off then do that first before using that money to gamble with. We always suggest that you calculate a monthly deposit limit and stick to that limit no matter what happens. One other useful tip regarding limits is to only gamble for a specific amount of time and this will also help you to keep track of your spending.

Take Time Out & Resist the Gambling Urge

Gambling should be a part of a balanced lifestyle and those people who fall into the traps of addiction find that they eventually spend the majority of their time gambling. It becomes a part of their day-to-day lives and this is when the spending starts to get out of control. If you find yourself wanting to gamble then try waiting 10-15 minutes before you decide to place a bet and you may find that the urge will pass. Understanding and controlling these urges is the key to gambling responsibly.

Don’t Chase Your Losses

One of the all-time classic pieces of advice given to all gamblers is to never chase your losses. Just because you have lost 10 games or bets on the bounce does not mean that you are “due” a win. Gambling is based on chance and luck and you can’t predict that a winning streak is coming soon. The best advice is to walk away and accept that losing is all part of the gambling experience. You win some, you lose some, but always make sure you are enjoying it. If not, it’s time to stop gambling.

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