JeffBet by Matthew Gover |
Date of Publishing: 26 October 2022

5/5 - (3 votes)

Responsible Gambling at Jeffbet.com

The thrill associated with gambling is a large part of its appeal. Gambling is a form of entertainment and for most people scoring a big win leaves them with a fantastic feeling. The majority of people realise that it would be unwise to chase such highs and have great control over their emotions. 

There are many, though, who view gambling as a means to a goal, spend outside of their budget, and use gambling as a vice to escape their troubles. We at Jeffbet.com have put together this responsible gambling guide as we know that every player must know how to gamble safely.

The Risks Associated with Gambling

In recent years there has been a meteoric rise in people who experience some issues with gambling. Roughly 430,000 people in the United Kingdom have a problem with gambling addiction. Understanding the risks of not keeping your gambling habits under control is essential as the majority of people that end up having issues when gambling are unaware of the potential risks before they sign up for an online casino in the UK. Here are some common risks associated with gambling:

  • Debt: Problems like being late on payments or having to take out loans, or using an overdraft, can arise when gambling becomes unmanageable. Stress and anxiety about money matters or filing for bankruptcy may result. Also, remember that the house always has the advantage, so you should never participate in any form of gambling expecting to win.

  • The strain on family/relationships: When you have a gambling problem, it strains your family life. You set a bad example for your kids, you’d always be struggling financially, and you might even suffer from violent mood swings.
  • Suicidal thoughts: Recent research also shows that problem gambling has been linked to suicidal ideation. Compared to individuals who are not negatively impacted by gambling, more than twice as many vulnerable gamblers report having suicidal thoughts. 

People tend to think of the monetary losses and relationship strains when they don’t bet responsibly. However, when gambling spirals out of control, it can affect every aspect of life, including mental and physical well-being. Keeping this in mind will help you make better decisions about your gambling and lessen the negative effects. When you place a bet you need to consider how you would feel in the likelihood that you will never see that money again.

Why Gambling Should Never be Seen as a Means of Making Money

When depositing money into an online casino, you should consider it a purchase and never an investment. When you spend some money on a cup of coffee you don’t consider that you would get more in return. This is the same relationship you should have with gambling as it will keep your relationship with gambling a healthy one. Extra prizes are a nice bonus. However, the central point is to recognise that what you are doing is fun and you should never expect anything in return. 

Gambling is not a legitimate means of financial support for any person. Even if you use the most famous and effective gambling tips no player is guaranteed to win. It’s more common to lose money when gambling than it is to win big. 

Financially savvy people are wary of any venture where the odds of losing money outweigh the odds of making a profit. Gambling is one such venture. When you gamble compulsively, you risk losing a lot of money that could have been used for essential things like investments and savings instead of piling up debt.

How Online Gambling Sites are Dealing With the Issue of Gambling Responsibly

We at JeffBet.com take responsible gambling seriously and have developed a helpful tool to help you manage your gambling time and resources better. Here’s a list of available responsible gambling measures and where you can find help when you most need it.

  • Set a deposit limit: Customers can avoid going into debt by betting within their means at all times. You can set a limit on the amount that can be deposited every day, every week, or every month. For instance, you can set a limit of £100 weekly. After you set a deposit limit, you’ll receive a notification if you try to deposit more than that amount from any of your devices. 

No amount of money deposited or withdrawn from one wallet to another will increase the deposit limit. Changing the maximum amount or frequency doesn’t take effect until after 7 days, but limits are effective immediately.

  • Take a break: You can decide to lock your JeffBet account for any period of time between 1 and 30 days. For the time frame you’ve selected, you will be unable to access games and services at the casino. Also, your break or self-exclusion period can be extended if you so desire.
  • Set a loss limit: With a loss limit, you’ll be unable to place further bets when you have incurred losses up to a specified amount you have set. Make sure the set limit falls within your bankroll.

While the options provided are those usable at online casinos, those who wish to refrain from gambling have access to the following help groups:

GamCare: Punters with a gambling problem in the United Kingdom can get free resources and help from GamCare. It operates a toll-free helpline for gamblers in the UK (0808 8020 133) and provides in-person therapy for those who need it.

Gamblers Anonymous UK: As with Alcoholics Anonymous, Gamblers Anonymous UK facilitates in-person meetings for those struggling with compulsive gambling. Family and friends of those with a gambling problem can join GamAnon.

You can also reach out to the customer support team at JeffBet for assistance if you wish to use any of the available responsible gambling measures. Please gamble responsibly if you do not wish to use any of these options. Better yet, discuss it with a friend or relative who can assist you in getting help.

Tips to Help you Stay in Control of Your Gambling

Caution is crucial whether you’ve noticed signs of gambling addiction. As such, we place the gamble responsibly logo clearly on our site for all punters to see. With that in mind, these tips can help you stay grounded and control your gambling:

Practice Bankroll Management

When emotions are running high, it can be challenging to keep track of money. That’s why it’s crucial to establish and adhere to a gambling budget that leaves room for your regular expenses. If the money runs out, you should stop. If you’re just starting, it’s recommended that you bet no more than 1% of your bankroll or money limit on any given wager. The percentage could also vary per game. It is important to stress that your bankroll refers to the amount of money you have allocated for gambling. Not all of the money that you have.

Have Other Hobbies Outside of Gambling

Gambling can be a fun hobby, but it should never be the only thing you enjoy doing. Pick up other activities like cycling, video gaming, reading, or anything else that’s healthy with no financial implications. It can be fun to read gambling tips and learn some fancy tricks but you must spend a lot of time not thinking about gambling.

Never Mix Alcohol and Gambling

Alcohol and gambling don’t mix well and should never be combined. It’s common knowledge that rational decisions can’t be made when under the influence of alcohol or any hard drugs. Even if you don’t feel your gambling is an issue don’t do this!

Ultimately Seek Help If you Feel you Have a Problem

Once you recognise and accept that there’s a problem, make sure to seek help. Thankfully, there are many options when it comes to gambling addiction assistance. You can use any of those we’ve listed or see a certified therapist.

When the Money you Lost Hurts

The word “gamble” means taking a risk, so winning isn’t certain. As such, losing bets shouldn’t be so painful. Once you feel hurt by every loss, there’s a likelihood that you’re looking at a growing gambling problem. Players who have placed a large bet in frustration will know exactly what we are talking about.

When you find it Difficult to Focus on Other Tasks

Distraction is a key indicator of a looming gambling problem. Many people with gambling problems can’t do their jobs or other things because their minds are always on gambling.

When the Outcome is More Important than the Fun You’re Having

Staking on games for fun should be all about the thrills and less about the outcome. When you get fixated on the result, it becomes a problem and takes away the fun.

The Psychology of Gamblers Chasing Their Losses

On some days, you feel great, and on others, you just can’t seem to get anything right. All should be well so long as you don’t go over your set limit at the casino. Many punters assume that the next bet might bring a big win, so they continue to place bets until they exhaust their funds. Never chase bets, and never be too excited to keep betting on days when you win back-to-back. 

If The Fun Stops, Stop

Thanks to the growing iGaming industry, more people can access online casinos and sports betting sites. However, we at JeffBet are concerned about safer gambling. Ensure that every game you bet on is for the sole purpose of entertainment and not to make money. Losses are a normal part of gambling and shouldn’t hurt. However, when you start to lose, it’s probably time to go home. You would do well to explore the responsible gambling tips shared here if you feel vulnerable to gambling problems. If you feel that gambling is no longer fun, then you must stop!

About the Author

Author: Matthew Gover.

After graduating, Matthew began working as an English teacher abroad, initially in Spain and then Vietnam before finally coming back to the UK to settle. Matthew has always had a love for writing and an even bigger love for the igaming industry... Read More

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