While it’s true that there’s no magic trick for gambling better, it’s also true that there are several things that it pays to keep an eye on. Two of these things are your time and money. Because we all know that your gambling is not successful if you’re spending more time or money than you should on gambling. To make sure you’re getting the most out of your sessions, we’ve got a couple of responsible gambling tools that you should check out.
Now, these tools aren’t for people who think they might have a gambling problem. If you think you’re at risk of developing one or you think you already have one, you should cut out gambling, both online and offline, and get professional help. These responsible gambling tools are for everyone to gamble smarter. We should all be keeping an eye on the time and money we spend gambling and these are some handy ways to do just that.
Work out your budget
This is an easy thing to do, but surprisingly few people do it. That counts for day-t0-day life, as well as online gambling. But as we all know, it’s easy to spend money online without quite realising how much it’s adding up to. So if you haven’t set out a budget for your online gambling, do it now.
Some sites have handy budget calculators that you can use to quickly tot up your major life expenditures and income. They’re great for a guide, but make sure everything you need is in there. So that’s all your types of income, wherever it comes from. And it’s all your expenditures. Think rent, mortgage, energy bills, subscriptions, loan repayments, petrol costs… But also factor in eating out, entertainment, presents for loved ones and treating yourself too. And don’t forget about savings. Then once you figure out all of that, you’ll have your expendable income. And you might want to spend a portion of that on online gambling.
Long story short, it’s the amount you could spend online gambling without feeling a negative impact on your life. It’s the amount you’d feel comfortable potentially losing.
Find out how much you really spend
If you only have a vague idea of how much money you spend on your online gambling, it’s time to give yourself a reality check. Go to your gambling site’s Activity Tracker and take a look at your history. Along with your current balance, you can see your transactions, net deposits, win/loss history and the times you placed your bets.
To get a good idea of your patterns, you can check out all of these things across a week, month or year. This is a really crucial thing to know about yourself and your gambling habits.
Stick to your budget
When you’ve done the hard work of finding out what your maximum spend on online gambling is, the next thing you should do is make sure you stick to the budget you’ve set out. You can do this by setting deposit limits. That way, you can ensure you only spend a certain amount in a single 24-hour, 7-day or 30-day period. You can decide what suits you.
In our opinion, a 7-day or 30-day deposit limit usually works best for people because it can suit those who prefer sporadic or longer sessions. You can set these at any time and they come into effect immediately. Same goes for if you want to decrease your deposit limit. However, on many sites if you want to increase your deposit limit, it’ll only come into effect after a 24 hour period. That’s nice because it gives you time to really think about it as opposed to deciding on the fly.
Get a reality check
It’s so very easy to accidentally spend too long doing pretty much anything. Gambling online is one of those things that you really want to avoid accidentally spending ages doing regularly. It’s great to be really immersed in your session. But let’s face it, very few of us have unlimited time to do it. And it’s good to have a healthy balance between everything in life. So have a think about the amount of time that’s reasonable for you to spend gambling in a session. Then set a reality check to come on when you’ve reached that time.
It’s pretty common for these reality checks to apply to casino and sports betting and not poker. So if you’re getting stuck into a cash game session, it might be a good idea to set a timer on your phone to remind you when you should finish up and join the real world again.
Where can I find these responsible gambling tools?
Most decent online gambling sites work to keep their punters happy, safe and gambling responsibly. So for that reason, most of them also have a bank of online responsible gambling tools. All of the ones we talk about here are available at bet365.
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