India has more than 560 million internet users. Most Indians use the internet to stay in touch with friends and family, for studying, and to handle financial transactions. However, a small but growing number of Indians have taken up online gambling as a means of entertainment, and in some cases even as a means of earning income.
Since times immemorial, gambling has been one of our favorite hobbies in India. It is therefore no surprise that the number of online gambling sites in India has increased, as Indian players look for more gambling options where they can try their luck.
While casual gambling can certainly be an excellent source of entertainment, it is not a reliable source of income. Players who try to make consistent profits while gambling may end up becoming addicted to gambling as they constantly try to pursue their losses.
For this reason, it is extremely important to engage in responsible gambling. But what exactly is responsible gambing, and how do you know if you are gambling responsibly?
What is Responsible Gambling?
Responsible gambling means gambling in moderation. This is because any activity which is performed in excess, is usually not healthy. Even drinking too much water is harmful for the human body, and so, engaging in too much gambling can also be extremely harmful.
However, when gambling is enjoyed in moderation, it can be a fun hobby and a great source of entertainment. Many players benefit a lot from gambling, because it satisfies their need for recreation and entertainment.
It is important to always remember that gambling should always be viewed as a source of entertainment, not a source of income.
To make sure that you are always gambling responsibly, make sure you follow these 4 tenets of responsible gambling:
- You should only gamble with money you can afford to lose.
- Always set a daily, weekly or monthly limit of how much you can afford to lose.
- As soon as you feel the urge to pursue your losses, STOP gambling.
- Always use a responsible gambling site.
What is a Responsible Gambling Site?
A responsible gambling site, is a site that offers a program that helps players who get addicted to gambling.
For example, LeoVegas has a program called LeoSafePlay, Casumo has Play Okay, and Bet365 also has several responsible gambling features, which includes self-exclusion, reality checks, forced gambling limits and more.
Responsible gambling is a social responsibility initiative taken by the gambling industry including government agencies, gaming control boards, operators and vendors to ensure the integrity and fairness of their operators. Several policies and rules have been agreed upon within the igaming industry to promote responsible gambling among players.
Reputed and licensed gambling operators are required to comply with these principles of responsible gambling. These measures are imposed in the industry to protect operators as well as players by the regulators.
Gambling sites are encouraged to impose limits on the amount of money and time players can spend on a gambling site. This can help gamblers to set a limit of their losses and avoids deep financial trouble in unfavorable circumstances.
Moreover, gambling operators should follow relevant regulatory marketing codes, which ensure that the advertisement information does not encourage gambling addiction. Marketing information should not be misleading and the site operator is responsible for promoting ethical gambling activity.
To find all the best responsible gambling sites, you can visit MyCasino.in where you will find an extensive list of all the sites they recommend.