Everyone is different when it comes to gambling. Some people only have an annual bet on the Melbourne Cup while others bet several times a week. For some people, gambling is a fun and harmless activity. For others, it can be the cause of serious problems. It’s important to understand your own gambling and what works for you.
Everyone should consider their gambling behaviours and keep the following tips in mind:
Set a limit on your funds
Only gamble what you can afford. If you’re going to gamble, it’s a good idea to leave your bank and credit cards at home and only take with you the cash you can afford and want to spend. If you’re gambling online, take advantage of deposit limit tools offered by most online wagering operators.
Australian banks are introducing new ways to help their customers manage their spending. Find out how banks can help control what you spend on gambling.
Make informed choices when gambling and do your research. Know the risks of gambling and understand the real value proposition. Have a look at the Understanding Gambling section of the website and see what the real odds are.
Have a game plan
Set your limits before you start and walk away once you reach them. Don’t chase your losses. Set a time limit on how long you want to gamble and stick to it.
Don’t get caught up in the moment
It can be hard to stop gambling when your friends are betting big. Don’t get caught up in the moment. You can stand firm and ignore peer pressure to keep on betting.
Use social support
If you tell your friends what your limits are, you will be more likely to stick to them. Having a support network can help if gambling is becoming a problem for you.
Balance is crucial in all aspects of life, and gambling is no different. Balance your gambling with other activities. This can help you avoid becoming too focused on gambling and keep the money and time you spend on gambling in check.
Don’t be afraid to seek help
If you want help or advice on gambling, speak to someone you trust or contact Gambling Help NSW for free and confidential advice on 1800 858 858 or via online chat at the Gambling Help website. We’re here to help, anytime.