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Tips To Regulate Your Gambling Spending

Lifestyle

18 Mar

Online gambling doesn’t have to be an expensive hobby, particularly for anyone who is on a tight budget but still wants to enjoy gambling’s rewarding gameplay. Thankfully, there are several things you can do to prevent yourself from overspending and our friends at www.sister-sites.co.uk have shared a few of their best tips.

Set Up Limits

Modern-day online casinos all have deposit and loss limits and we suggest you take advantage of these mechanics. With them, you are able to enter a limit to how much you can deposit over a period of time. When you meet this limit, the website will then prohibit you from depositing any more money into your casino account until the selected timeframe has expired.

Similarly, some sites allow you to set up a loss limit. When you hit this limit, you will be barred from playing at the online casino to prevent you from making any additional losses. These limitations are great ways to prevent yourself from depositing too much, making huge losses and regulating your behaviour and time spent gambling.

Restrict Your Time

In addition to implementing limits, a great way of regulating your spending is by restricting the time you allow yourself to gamble. If you restrict yourself to an hour a day or something similar, you’ll be able to reduce how much time you play and how much you spend. Other ways to restrict your time could be by limiting how many spins you make on a slot or wagers placed on table games.

Block Transactions

If you’re really struggling with your gambling spending, a great way to clamp down is by blocking all gambling-related transactions. Many mobile banking apps include a special feature that allows you to block all gambling transactions for a certain period of time. If the option is enabled and you try to deposit or gamble, your bank will reject the transaction and prevent you from making any payments.

This block works across all gambling websites and, if you ever decide to disable the option, most banks will force you to wait through a cool-down period which will provide you with additional time to ensure you’ve made the right decision.

Self-Exclude

Finally, there are gambling services which allow you to self-exclude from online casino websites. Self excluding yourself will prevent you from using your account at dozens of online casinos, effectively stopping you from depositing and gambling. Although the service is primarily used by customers who believe they’re developing problematic behaviour, it can also be used by those who want to regulate their spending on gambling websites.

Conclusion

There are dozens of ways you can regulate your spending when gambling. If you’re really on a budget or are just looking to restrict yourself somewhat, we suggest you try some of the tips we’ve explained above. Just remember to enjoy yourself, avoid chasing losses and just have fun. If you follow all of our suggestions here, we’re sure you’ll have no problem limiting your spending.

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About Society Bride

Hello fellow brides and party throwers. My name is Mackenzie and I’m a wedding & events planner. It’s a busy job, with long hours, but I wouldn’t trade it for the world! I absolutely love what I do and I want to share my tips and tricks for budgeting, lifestyle and parties/weddings with other passionate people online Read More…

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Hello fellow brides and party throwers. My name is Mackenzie and I’m a wedding & events planner. It’s a busy job, with long hours, but I wouldn’t trade it for the world! I absolutely love what I do and I want to share my tips and tricks for budgeting, lifestyle and parties/weddings with other passionate people online Read More…

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