How to avoid gambling problems when playing Mega Moolah
It is not too often we take a look at some of the more problematic aspects of enjoying slots online, but as we are fully committed to enjoying gambling responsibly, then at times it is important that we address this issue.
In today's article therefore, we are going to take a closer look at some simple tips and strategies you can follow in order to ensure that you don't allow enjoying a few spins on the slot, develop into an issue.
The nature of slot games, or indeed any form of online wagering game or bet, is that they are enjoyable. If they were not, then we would not play them. Gamblers are fully aware that every game is weighted in favour of the casino and they accept that because these games are fun to play, and of course, also offer the chance of a win.
Now thankfully, for the vast majority of punters, this is as far as it goes. They will enjoy a few spins on a slot, a couple of hands of poker or blackjack, a few spins at the roulette wheel or even just a couple of sports bets or games of bingo and then that is it. Win or lose, they will go back to their daily business and not have any issues.
For a small minority though, gambling such as this can become an issue, but there are strategies you can use and tips you can follow to help you avoid this. Let's now take a closer look at some simple tips you can follow to ensure that you always bet and game sensibly, responsibly and affordably.
- Work out exactly how much you have to spend on your betting
There is no set limit on how much you should bet or spend at casinos in a given time frame. For some people, spending £20 a week is an over-commitment, and for others, they may well spend more than that in a single spin on the slots. Of course, your financial means determines how much you should spend on your betting.
To work out what that is, you need to understand how much you earn each month and how much you need to pay for the essentials in life. Once you have worked out how much that is, what you have left over can then be divided into the more enjoyable things in life. You may want to save some cash for a rainy day, but you can also use some of this disposable income to enjoy a few spins on a slot game or similar.
By doing this, you will know exactly how much you have to spend per week or per month and so long as you stick to this amount, and review how much you have available to spend regularly (as your financial situation can change), then you should not have any issues.
- Budget for a session and stick to it
If you have, say £100 available to spend on slots per month, then you may want to divide that up into four weekly sessions of say £25 each. That gives you a set amount to spend per session and also means that you can enjoy spending your cash throughout the month, without blowing it all in the first session and then having to wait until the next month to play again (or worse still, be tempted to start spending cash you don't have to play again before next month).
So if you budget this way, you take a sensible approach and now the key thing is to stick to it. Don't be tempted to spend more than your budget in a session. If you win more money, then bank it ready to use for another day. If you lose, then don't be tempted to dip into your next session fund to play again now and try to recoup your money.
Always view your £25 session money as spent and anything you win as saved. So once your £25 cash has gone (and you can use auto-play to help you spend this exact amount if you prefer). Whatever is remaining save for another day with the only exception to this being if you win a larger amount, which brings us to our next point.
- If you have a good win, enjoy the benefits of that win
Casinos may have the edge in their games but on occasion, you can win a significant amount of money. By significant, I tend to judge it by an amount equal to or more than your total spend in a session. So for example, if I spend £25 in a session and win £25, then that is a significant win.
Many people use this money for extra spins but I don't believe that is the best or healthiest approach to gambling. A win is only a win if you get the benefit from it, extra spins are in favour of the casino taking the money from you, so your win essentially becomes their profit.
So, if you have a good win, withdraw the money (provided you have met any wagering or bonus requirements of course) into your bank account and use it to benefit you. This especially true of bigger wins in relation to your spend. So many people win big, leave the money in their account and then just give it back to the casino. Try to avoid this by making sure any big wins have a positive effect in other areas of your life, not just allowing you more to spend at the online casino.
- Size your bets to ensure you play for long enough to enjoy your slot games
If you have a budget of £25, then playing 10 spins at £2.50 per game isn't going to take a huge amount of time. So instead, playing 100 spins at £0.25 is going to offer you a longer and more interesting session. Always play at a bet level commensurate with your bankroll. Betting too much per spin, especially if you are trying to recoup your losses is always a sure-fire warning sign that you are not in control of your spending.
- Look out for the early warning signs of a problem and seek help immediately
There are a number of early warning signs you can look out for that are typical problematic gambling behaviour. If you are lying about how much you are spending or playing on games to your partner or family and friends, if you are spending more than you can afford (or intend to spend) playing games, if you are playing an increased number of sessions, or trying to chase your losses, these can all be trigger signs that your attitude to gambling has to change.
If this sounds like you then you need to recognise this and seek help. Speak to your casino and they can put you in contact with organisations designed to help people with gambling issues. The sooner you speak up, the sooner you can get any help you need and take positive action to resolve the situation.
- Remember gambling should be fun
If you find that you are gambling simply for gambling's sake, then it is time to stop. The moment that playing slots, or a few spins of roulette, or a few sports bets becomes the norm, dull, boring and not enjoyable, then it is a sure fire sign that you should stop. So remember, play with a smile and enjoy wagering responsibly.
There's just a couple of points to consider when you sign up with a casino online. Games like Mega Moolah with its huge jackpots can be overwhelming. Consider setting setting daily limits in your casino account is our tip of the day.
Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.