Gambling statistics from across the globe shows that about 26% of the world’s population gamble. We know that most things in life are gambles, but in this case, we are addressing it from the more limited scope. This figure suggests that 1.6 billion out of 7 billion human inhabitants on the earth gamble. Even more outstanding is the 4.2 billion which try their luck with real money at least once a year.
When money is involved, there are always people looking out to defraud you of it. Perhaps it’s just human nature to trick each other for our own benefit. There is a story of a man who used his supposed psychic abilities to predict outcomes. He used this tactic to convince wealthy clients to stake their money on supposedly “sure games” when he actually did not possess the psychic ability.
People fall for these kinds of scams all the time because they want to feel like they have some advantage in a game of luck. There are several other ways people get cheated out of their money while trying to win big. This is very unfortunate, so here we try to help you with ways to achieve a safer gambling experience.
5 Important Tips Gambling Safely
Regardless of the medium you use to gamble, be it African online casinos or land-based versions, here are some ways to secure your finances.
Don’t see gambling as a source of income
This might seem like a wild take, but it makes sense. If your aim of gambling is to generate revenue for yourself, you need to purge your mind of that idea. If you frequently engage in it, you will lose more money than you gain. You need to view gambling as a fun experience, after all. Think of it as paying for tickets at an amusement park or arcade gaming.
Set a money and time limit
You need to keep in mind the money you can afford to spend on this experience. Once you have reached your budget’s limit, it is time to call it quits. If you won, then count yourself lucky, but if you had a wrong time, do not get disappointed. Schedule another date for such indulgence when your finances allow it comfortably.
As for time, any gambler knows that it is very easy to lose track of it. Set a limit, even if you have to do it on a phone app for alarms, and as soon as the alert shows up, it’s time to call it quits. Odds show that the more time you invest in gambling at a stretch, the higher your losses
Gambling is not a healthy coping mechanism
When you are feeling properly down or are passing through heavy amounts of stress, decision making usually suffers. Gambling gives that dopamine rush that may lead you to use it as a coping mechanism. We know it could be addictive, just like alcohol. It is all fine and good to indulge in a glass of wine at dinner, but going to the bar when you are feeling bad and drinking to stupor is not good for your body or mind. This is what could happen if you gamble to cope with serious issues, it can lead you down a wrong path full of poor choices.
This is a tough one for most people in land-based casinos, as alcohol is used to catalyze gambling. Try to avoid drugs too when gambling as they could be very detrimental to decision making.
Give your mind breaks, too, so you don’t lose perspective. Step out from time to time to get fresh air into your system and clear your head. Even eating could be useful sometimes.
Keep your bank card away
If you want to avoid spur of the moment expenditure, you need to put this out of reach. We know how much easier it is to make on the spot decisions about spending money when it is virtual. Cash is much more difficult to let go of since we can see it go.
Gambling Is Always Only for Pleasure
One way to fall into problem gambling is by seeing it as a way of making money. There usually is no way to make a reliable income, and you should focus on the act itself. Be there for the experience, rather than dreams of becoming an instant millionaire. Though this happens, they are rare, but what is almost universal is the adrenaline rush that comes with taking risks, i.e. gambling.
Do not fall prey to the side effects of gambling, with a strong will and your wits about you, and there is nothing to fear. Be wary of people who promise big wins as those are rare. Life is for the living, and you can always revel in a bit of fun without drowning.