Responsible Gambling: How to Control Your Bets and Avoid Risks

Responsible Gambling: How to Control Your Bets and Avoid Risks

More than anything, 1Win understands the importance of responsible gambling and strongly fights against any form of the opposite. The Casino has put measures in place to ensure a safe and secure betting environment for Singapore players. These include, a self exclusion scheme and a bet limit feature, you can learn more about it from any 1Win casino review.

The first step to successful betting is responsible gambling. Bettors must be able to control their bets and avoid risks. This article is a guide on how to do just that and ensure a more enjoyable gambling experience with 1Win Singapore.

Tips to Help Control Bets and Avoid Gambling Risks

There are several causes of irresponsible gambling. Such as greed, lack of emotional control or simply lack of discipline. However, there are actition that can be taken to help guide against this. 

Review you betting habits

Evaluate your betting habits and check if you have been responsible. Luckily, 1Win casino has a history tab that lets you see all the bets you have placed in the past. With this feature you can know if you are. Gambling addiction is when one is unable to control how often they wager and is always looking for ways to do so. 

Check within yourself regularly to be sure you have been responsible. Here are some questions you can ask yourself: 

  • How often have you been gambling?
  • How much have you been spending?
  • Have you borrowed money to cover debts?
  • Do you lack the ability to accept defeat when you lose or you chase losses? 
  • Do you hide your gambling habits from others? 
  • Have you ever felt guilty or remorseful about your habits or the aftermath or betting?

If your answer to any of these questions is yes, you may need to reassess your habits.

Set Betting Limits

Setting betting limits on how much money you spend and time you spend on gambling can help one still discipline and avoid risks. Here are some ways to guide against financial risks:

Set limits on money and time: 1Win website has a feature that lets you set a max bet limit for a period. You can also monitor your play and know when you have gone past these limits. Resist the urge to keep playing once you reach these limits no matter the circumstances. 

Make a budget: Like any other expenditure you should also create a budget when for gambling. Consider what you can afford to lose and that should be your budget. If you are struggling to keep to it, it might help to remove your ban cards from your phone to eliminate the autofill option.

Understand the betting system: 1Win has a simple betting system so players will have no issues grasping it. Understanding the types of bets before placing wagers. This will also depend on the sports you wish to wager on. Certain bet types are specific to certain sports such as football or some UFC top fights

Wager only what you can afford to lose: There is never a hundred percent guarantee when you gamble as it is always a risk. For this reason it is best that you gamble only what you can afford to lose. Also remember not to chase losses as it only leads to more loss. Understand that you won’t always win.

Talk about your experience

While it is common for people to discuss their wins and losses, most punters fail to also discuss their losses. Addressing your losses is the best way to ensure it doesn’t affect your performance. You can either discuss with your close friends or communicate with the 1Win Singapore team. Additionally talking about your overall experiences with like minded people can help you identify habits and tactics that have been effective.

It also gives you the opportunity to learn from others. Here are some questions you may ask your friends:

  • What type of sports do you bet on?
  • How much do you enjoy betting?
  • How risky do you believe sports betting is?
  • Have you experienced any losses this year? 
  • Do you think betting has affected any other aspects of your life?

Find a balance

Avoid wagering for long periods. Stepping away regularly can help you clear your head and develop a healthier relationship with gambling. Some tips to help you strike a balance between gambling and other activities include engaging in other hobbies and interests. You should also avoid betting when your emotions are high and do not wager when you are under the influence of alcohol. For a more strict approach you can block sites with Bet Blocker or GamBan.  

Conclusion 

1Win is committed to ensuring a safe online gambling experience after recognizing that addiction is a common issue. Bettors are advised to develop discipline and maintain a healthy betting habit. This article is the perfect guide to help you control your bets and avoid risks.

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