Gambling responsibly means being able to exercise control over your gambling activity and not letting it negatively impact other areas of your life.
People gamble for many reasons. Some people gamble for excitement, the thrill of winning or to be social.
From two-up on Anzac Day to an annual plunge on the Melbourne Cup, many Australians are able to enjoy a flutter without losing control. This is gambling in a responsible manner.
Gambling responsibly is when you:
- Are you in control of how much time and money you are spending
- See gambling as a form of entertainment
- Don’t bet more than you can afford to lose
- Know and accept the odds
- Keep sight of your chances of winning
- Accept that your spending limits may be less than others
- Don’t go back the next time to try and win back your losses.
However, gambling is becoming far more widespread and difficult to avoid. We can now play the pokies on our smartphones, and we are subject to sports betting advertising throughout our sports broadcasts.
This makes it easier for Australians to gamble, and harder for some Australians to say no. This can make it harder to gamble responsibly.
If you are worried that you are not gambling responsibly, consider chatting to one of our counsellors they can help you!
If you want to gamble more responsibly or cut down on your gambling try some of the following:
Tips for gambling responsibly
- Think of gambling as entertainment, not a way to make money
- Only gamble with money you can afford to lose
- Set a spending limit in advance
- Set a time limit in advance
- Don’t drink or use drugs when gambling
- Take a break
- Don’t gamble when you’re depressed or upset
- Balance gambling with other activities
- Never chase your losses
- Don’t take your ATM card with you.
Tips to help curb your gambling
- Look at your budget and calculate how much you can afford to spend on gambling
- Set a limit for yourself on how much you will spend
- Calculate how long you had to work to earn that money
- Lower your daily withdrawal limit at your bank to prevent rash decisions
- Use a site that has limits on daily spend
- Use a site registered in Australia that has self-exclusion available
- Limit where you bet, don't have multiple accounts
- Use a debit card instead of a credit card - this will help you see how much of your income you are spending
- Check your player history on the sites you use and/or your bank and credit card statements to keep a clear idea of how much you are spending
- Read the fine print on marketing promotions like 'free bets'
- Take a break away from gambling to think clearly about the impacts of continuing to gamble
- And remember, like any form of gambling, online poker, betting and sports wagering is not a good way to make money.