Always Leave Yourself Outs
It's important to recognize when to cut your losses, it will be a moment where you are down and tempted to continue gambling, and start feeling one or all of the following:
The game(s) haven't been fair, I'm due a win.
The games have been worse than usual, a win might be imminent.
The game has to pay out soon given wager volume/results so far in the session
I've wagered so much already what does it matter?
Firstly "IT MATTERS" and if you are telling yourself any of the above, it's time to STOP. This is where you need to have the discipline to stop playing or at least take a break.
it's crucial to recognize the signs and when you should stop to prevent gambling from becoming a problem for you & potentially others. Take care of yourself and don't allow yourself to go past the point where you are creating unnecessary problems.
Gambling is not a solution for financial issues and the odds are not in your favor, so it's important to know when to say "enough for today" and stick to a specific stop loss limit or session timeframe.
Playing should be enjoyable and can even bring in extra money on occasion but it should never encroach on your financial responsibilities, or cause problems or worry. To help avoid these pitfalls you should do your best to follow some simple rules.
The Rules
Don't risk what you can't afford to lose
Don't risk what you can't afford to lose
Set limits and do not exceed them, even by $1, cut your losses don't risk more trying to recover them. and only use funds specifically allocated for gambling, not for rent, insurance, or other important obligations
Don't start without knowing where you will stop
Don't start without knowing where you will stop
Set a specific dollar limit before starting and stick to it, regardless of the length of the session or your confidence in winning.
When it stops being fun it’s time for a break
When it stops being fun it’s time for a break
Have fun while betting, but if it stops being enjoyable, take a 20-minute break before deciding to bet again. If you're still calm and playing for fun after the break, continue. But if you're not having fun, it's best to stop and cut your losses before things go from bad to worse and no matter how bad things are they can always be made worse.
Play for entertainment not to solve financial problems
Play for entertainment not to solve financial problems
This is entertainment which can bring you money, but you rarely win when you need to. The chances of it solving a problem as opposed to creating a bigger one are 1:100
Gambling is not a solution for anything and shouldn't be considered as such.
Don't gamble with non-gambling funds.
Don't gamble with non-gambling funds.
The funds you wager needs to be an amount you've allocated for the sole purpose of gambling, just like funds allocated for rent, insurance payments, movies, utility bills etc. this should not be exceeded and never use funds earmarked for something else to gamble.
Don’t gamble when under the influence.
Don’t gamble when under the influence.
Try to stick to one vice at a time. Don't gamble while under the influence of anything that might affect your judgement or your ability to stop or set limits.
Get help If needed
Get help If needed
If you feel you have a problem or frequently break the rules mentioned above, there are organizations that can assist you. Taking the first step and visiting support and requesting a self-exclusion period is a brave first step.
Common signs you have a gambling problem & need help:
You spend money and time than you can afford to lose.
You don't set limits before starting a session.
You gamble more trying to recover your losses.
You aren't honest with yourself or others about the amount of money or time you spend gambling
You have chosen gambling over an opportunity to spend time with friends or family.
You often find yourself thinking about gambling.
You gamble until your money runs out completely.
You only get excited about playing when you up the stake.
You borrow money in order to gamble
You lie, steal, cheat or commit any sort of fraud for the purposes of gambling.
Reflecting on your recent gambling session makes you anxious, worried, depressed or have feelings of guilt.
Help is available, and you don’t need to go through this on your own. There are many people, organisations & sites that can help through chat, e-mail or phone, and help you deal with this problem.
Your can start by disconnecting your VPN and running a google search for "Gambling Help" which should bring up some local options for you,
Alternatively we recommend:
Gambling Therapy is a free service that offers advice and emotional support to those that have a gambling problem and reside outside Great Britain.
GamCare is a charity that offers telephone support to those that have gambling problems.
If you think we can be of any assistance to you, please contact Moolahverse support and we will provide whatever help we can.
Be safe, take care of yourself always & please gamble responsibly!