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TradersBest.com / RESPONSIBLE GAMBLING

RESPONSIBLE GAMBLING

Alex Thompson
Alex Thompson
Last Updated on 10/06/2024

Engaging in any form of gambling should be a safe and enjoyable experience. We’re committed to recommending only those sites that help you maintain a balanced emotional and financial state while gambling online. The key to responsible gambling lies in self-control.

Our mission is to direct you to trustworthy and secure online gambling platforms. This means we only endorse sites that are fully licensed and regulated to operate in your specific locale.

Such credentials not only affirm the legality of the operator but also require the site to act in a secure, fair, and transparent manner. Each recommended platform must also be committed to helping users avoid gambling-related issues.

A variety of tools should be at your disposal to help you manage your gambling activities responsibly. All licensed operators must also offer links to resources if you feel your gambling habits are becoming a concern.

RESPONSIBLE GAMBLING TIPS

The allure of casino games and sports betting is undeniable, but it comes with the risk of losing control. Here are some tips to help you gamble responsibly:

  • View gambling as entertainment, not as a way to earn money.
  • Set a time limit for your gambling sessions.
  • Stick to a pre-set budget for your wagers.
  • Only gamble what you’re willing to lose.
  • Don’t try to recoup losses.
  • Take frequent breaks during gambling sessions.
  • Never gamble while under the influence.

SIGNS OF PROBLEM GAMBLING

Problem gambling can manifest in various ways and is often hard to identify. Here are some common signs:

  • Gambling recklessly without a budget
  • Overreacting emotionally to losses
  • Being secretive about gambling activities
  • Borrowing money to fund gambling
  • Feeling stressed or guilty due to gambling

If you notice any of these signs in yourself, it’s advisable to seek help from a responsible gambling organization. They offer free and anonymous online tests to assess if your gambling is becoming a problem.

TOOLS FOR RESPONSIBLE GAMBLING

All reputable gambling sites offer a range of tools to help you keep your gambling in check. These include:

  • Limits: Apply limits to various aspects of your gambling, from deposits to wagers to losses.
  • Cooling-off periods: Take a temporary break from the site to gain perspective.
  • Self-exclusion: As a last resort, you can request a complete ban from the site.

KEEPING YOU IN CONTROL

Gambling comes with its risks, but it shouldn’t be dangerous. More online casinos and sports betting sites are taking greater responsibility for their customers’ well-being.

Leading sites are making concerted efforts to encourage users to take breaks, adjust deposit limits, and manage withdrawals. This enables you to handle the inevitable losses without financial or emotional strain.

Remember, gambling should be viewed as a form of entertainment, not a source of income. We only recommend sites that meet our stringent licensing and regulatory criteria.

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Receive the latest trading news by email + our free eBook
Nobody is born a trading expert. Register now to receive the Ultimate Guide to Trading Cryptocurrencies in 2022 (and beyond), and receive the TradersBest.com newsletter with the latest market news and broker reviews!.

By registering, I agree that TradersBest.com may send me newsletters via email at regular intervals. This consent can be revoked at any time.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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