Compulsive BettingWithout too much fuss, let’s just get it out there: compulsive betting is one of the biggest problems associated with gambling of any kind – be it online or land-based –and those that display such addictive behaviors are typically the last to recognize they have a very serious problem. Some people can gamble sporadically with it affecting their lives or damaging their pocket books, but there are those that simply can’t. Recent studies have shown that this is an epidemic affecting more than a quarter million people in the United States, never mind the staggering numbers worldwide. Like any addiction, a gambling addiction is classed as a disease. Compulsive gamblers don’t know their own limits, have absolutely no control over their behavior and are in denial about their problem, among many other things. The consequences usually are devastating for not only the gambler but those immediately connected to them. To put it bluntly, it destroys lives. If you or a loved one has a gambling problem, you are not alone. Admitting a problem exists is the first step, often the hardest. There are many handy resources, support groups and institutions that you can reach out to for help.
Reasonable, Responsible and Sensible Sports Betting PracticesNow that we’ve covered the very important topic of the dangers of gambling, let’s look at what makes reasonable, responsible and sensible sports betting practices. Underage Gambling is Illegal If you are not of the legal age for gambling in your area, you should absolutely not even consider it. Underage gambling is illegal and a criminal offense for both the player and the institution allowing the practice. Consider yourself warned. Set Time Limits Those looking to dabble in gambling of any kind should be disciplined and set time limits for how long they indulge in the practice. It should be a pastime not a full time job.
Set Money LimitsAlways bet within your means, don’t go overboard or bet more than you can afford.
Set Betting Stop LossIt’s useful to set an amount that you are comfortable with losing daily or weekly, that way you discipline yourself to playing within your means.