Can I Set a Maximum on Online Gambling Losses?

Gambling is no joke: Millions of people around the world are considered to have a gambling problem, and one of the best ways to avoid that is by recognizing it as a possibility. If you assume that it won’t happen to you, that’s when it can lead to problems, and with the unprecedented accessibility of online casinos, your awareness should be even higher. Thankfully, all you have to do to is set a limit for yourself at the online casino, and you won’t even need to rely on self control, the online casino will enforce your limit for you.

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If you’re taking your responsible gaming seriously, it is important to stick to one online casino, because if one casino sets a limit for you but another doesn’t, it’s very easy to just hop over to that other casino and continue to play past your limits. If you like to play casino games like Pokies and Blackjack as well as multiplayer Poker and Sports betting, there are plenty of casinos available to the online casino Australia community that offers an all-in-one virtual experience. You could also divide your limit by two and set your limit in both, but we feel it would be a lot easier to just play at one casino.

If you cannot figure out how to set your limit in the casino website, you can just get in touch with their customer support staff and they’ll point you in the right direction or set it for you. This is going to be another example of where you’re going to need to exercise some personal control, because if you set your limit too high, it totally defeats the purpose.

You can set your limit per day, per week, or per month depending on your preference or how often you play. It could be good to look back on how much you’ve spent in the past and determine it that way, but if you’re new to the casino, set a conservative limit. Once you get a better feel, you can adjust it accordingly, but make sure you keep it low at first.

It is important to note that this is the amount of losses, not the amount of money that will be in your bank account. For example, if you limit yourself to $1,000 and start with $1,000, you might lose $1,000 but still have $2,000 in your bankroll when you reach your loss limit if you have more winnings than losses.

A great maximum is the amount of money that you’re willing to lose. You should go into it with the assumption that you are going to lose every bet. If you are okay with losing that amount, you’ll be okay gambling at that casino.

Good luck, play responsibly, and always remember: The point of the casino is to have fun, not to make money.