Gambling can be fun but you should treat it responsibly. Don’t spend more money gambling each week than you would spend on other leisure activities. You should base the amount of the on your net income. You have to consider all fixed costs. Avoid gambling in months when greater financial stress is imminent.
Avoid risky gambling
Don’t spontaneously grow your bets after losing or winning repeatedly. Keep playing as you originally planned. Success or failure affects your ability to make rational decisions. There is a risk of quickly exceeding personal financial limits. When it comes to gambling in sports like football, make sure to educate yourself and know certain strategy before placing your bet.
Less is more
Consciously play only one game. Avoid playing for money on multiple machines, multiple gaming tables or on the internet at the same time. The overview of the individual games is gone and the losses can mount up very quickly.
Document your gambling behavior
Write down how much you actually play for a while. This makes you aware of your gaming behavior. If you find it difficult to write down your gambling behavior on a regular basis, try to record your gambling behavior at the same time each day so that this becomes a habit.
Play only when you have free time
Schedule your gambling so that it does not collide with important everyday obligations, appointments or projects.
Make sure you have a variety of leisure activities
Make sure you have activities other than play in your free time. Spend an afternoon with your family, go out with friends, or pursue another hobby. This will help you to maintain a varied leisure time.
No gambling on debt
Don’t gamble if you’re already in debt. The idea of being able to balance the debt with a profit will not work in most cases.
Do not withdraw extra money
Go play with a predetermined amount. Try to separate your cash wins and bets and stop playing or gambling as soon as you run out of money to make a new bet. Do not withdraw new money. Also, don’t use your cash winnings to play again, take them home with you.
Do not gamble with money that is earmarked for another purpose
Do not go to the approved bank loan for home proprietorship or other reserves. The household budget should be just as taboo as the money you have set aside for a planned and necessary purchase.