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Easy to Bet. Too Easy to Lose

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Old 06-22-2013, 11:20 PM
Rosettewar Rosettewar is offline
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Default Easy to Bet. Too Easy to Lose

You can gamble online anytime and anywhere – at home, at work, on your phone when you’re out.

Gambling this way might feel more comfortable and less risky than gambling at a venue. But the fact is, it can be just as easy to spend more time and money than planned.

Even if you only gamble what you can afford, online gambling can affect other parts of your life. Unknowingly, the time spent gambling online can affect your job, your personal relationships with friends and family, and even your health.
Losing track

It is easy to “zone out” when gambling online. After a while, time and money are gone and you don’t really remember how it happened.

Betting with credit or a linked account instead of actual cash can make it feel less real – like it’s not real money you’re gambling with.

Being alone means there is no one to talk down a bigger bet, to remind you to slow down or take a break, or to support you after a loss.
Tips for avoiding problems

Set a limit for yourself on how much you will spend

Calculate how long you had to work to earn that money

Use a site that has limits on daily spend

Limit where you bet, don’t have multiple accounts

Use a debit card instead of a credit card – this will help you see that it is your income you are spending

Check your player history on the sites you use and/or your bank and credit card statements to keep a clear idea of how much you are spending

Read the fine print on marketing promotions like ‘free bets’

Remember that like any form of gambling, online games like poker, and online betting and sports wagering, are not a good way to make money

Practice sites

Some sites offer free games so that people can “practice”. Be aware that the odds on practice games are much better – so it is easier to win than on the paid games. When winning at the practice games do not expect to have the same results in the paid games.

Offers and promotions

Be aware that what you do on websites can be seen and tracked by the website owners - how often you visit, what you spend, how your gambling patterns may change. They can use this information to market to you very effectively. They can send you bonuses and offers to keep you gambling and promotions to encourage you to come back to their site if you haven’t bet in a while.
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