The dangers of gambling: Why casinos are addictive?

Here aces and poker chips are shownHearing, celebratory melodies and the clinking of coins that fall out of the slot machines when a win is made can unlikely trigger many feelings of luck. If the game round was started only few minutes before with a small employment of straight once 5 euro and a luck hit increases the play conditions in the hand turning around around 10 to 20-fold rise large hopes to be able to top the whole again.

Thus the whole takes its run until it can end in a proper addiction. The following article reveals exactly what is going on inside a gambling addict and how such an addiction can be prevented.

It begins with a profit and ends in a high mountain of debt.

There are currently around 200,000 known cases of gambling addiction in UK. An exchange of experiences with those affected confirms that the phenomenon of gambling addiction usually goes through the same stages. It is well known that even after they have achieved something, people continue to rise for more. This is especially true with regard to gambling addiction. Once a player realizes how quickly it can go to make a profit, he assumes that it will happen again.

That’s why so much money is invested, especially in slot machines, that you don’t get into big debts in no time. Once you’ve become addicted, you’re in a vicious circle from which it’s hard to get out. If a win is made, gambling addicts quickly start from a lucky streak and continue playing.

If a loss is made, however, the game is also continued, in the firm belief that they can get it back in again. Gambling addicts spend many hours a day in the arcade or in an online casino.

Online casinos take security measures for gambling addiction

Every reputable online casino (see allvideoslots.com) today has security measures in place to prevent players from becoming addicted and falling into debt. On the one hand, detailed information around the topic is listed and also an anonymous hotline for addiction counseling is usually available. On the other hand options are offered, which give the players the possibility to regulate their own play behavior. Thus for example

  • a daily or weekly deposit limit;
  • a daily, weekly or monthly deposit limit
  • and also a payout limit can be set.

There is often also the possibility to control the active play time or to block access to certain games. A time-out from gambling can also be set individually. In this case, the player does not have the possibility to log in to the casino with his player account during the self-defined period. However, all these are measures that have to be set individually by the player.

The casino only offers these options as assistance. For the whole thing to work, however, the will and insight of the player himself plays a large, important role.

Knowing your limits

In order to be able to avoid gambling addiction, you should make a plan with gambling before you start, as stupid as it may sound. It’s incredibly important to think about your budget beforehand. Likewise it is not wrong to play first free of charge in an online casino to be able to determine whether the playing at automats and table plays at all pleases one.

Once you have decided to register in an online casino, it is in no way wrong to use the security measures of the provider, even if you are far from being addicted to gambling. After all, a fixed deposit limit can also prevent you from unconsciously exceeding your own budget.

Conclusion: Why are casinos addictive?
The top priority in gambling is a player’s awareness of their own gambling behavior. As soon as you notice changes yourself, it is advisable to seek help. This is usually offered anonymously directly by casinos on the net. With the right budget planning and balance in responsible gaming, nothing can go wrong. Also with the following offerer helpful safety options can be activated, so that nothing stands in the way of the long-term play passport!

Online gambling in the UK a good example of successful licensing

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The online gaming market in the UK continues to grow steadily. It is considered one of the best regulated gaming markets in the world. The main reason for this is the successful licensing model applied in the UK. Under the control and guidance of the UK Gambling Commission, the British regulatory authority for gambling, the island offers the best conditions for a safe, serious and transparent gaming environment. Both state and players benefit from UK Gambling Commission licences.

In contrast to Great Britain, the online market in Germany is less well regulated. In Germany, there has been uncertainty for years about the legal situation for online gambling. Politicians, countries and courts have not yet found a satisfactory solution in line with European law that offers providers an honest chance, protects players, provides the state with tax revenues and at the same time pushes back the illegal black market.

In Great Britain, the market for online gaming has been on the rise for years. In the period from April 2016 to March 2017, the so-called remote sector for online games achieved a turnover of 4.7 billion pounds. This corresponds to an increase of 10.1% over the previous year. Online slot machines and virtual card games are particularly in demand. But bingo, lotteries and sports betting are also popular leisure activities for many Britons. The controversial FOBTs (fixed-odds betting terminals), on the other hand, account for a large proportion of the sector’s revenue in the land-based market.

Thanks to the regulatory charity levies, the major lotteries alone paid £255.6 million to British charities between April 2016 and March 2017. This is an impressive increase of 20.5% over the previous assessment period. The National Lottery is by far the largest charity contributor with 1.5 billion, although numbers are declining.

Regulatory authority ensures rules are followed

One reason for the success of the UK gambling industry is the strict rules of the UK Gambling Commission. Since 2007, the UK Gambling Commission has ensured that principles such as responsible gaming, reliable payment methods, data protection and clear business and bonus conditions as well as good customer service are adhered to. Compare the Best Casino Sites now at allvideoslots.com in the event of infringements, the Commission intervenes, reprimands providers, makes recommendations and also distributes heavy fines, as was the case recently with 888 Holdings and William Hill. The two companies had violated gambler protection and anti-money laundering rules and were fined millions.

The call for such a nationwide supervisory authority is also becoming louder and louder in Germany. Recently, the participants of the 15th Gaming Symposium at the University of Hohenheim called for regulation of the German online market.

In order to combat problematic gambling behaviour and addiction and to protect players effectively, there is the possibility of a so-called player ban. This can be imposed by the provider or set up by the player himself. The establishment of a self-lock is now also possible via apps for mobile devices and laptops. Such mechanisms should help to curb the huge addictive potential of constantly available online gambling and provide players with an instrument with which they can set limits. However, a recent BBC experiment has revealed flagrant shortcomings in the functioning of these barriers.

Apps such as Gamban, which players can install on their computers and mobile phones, are now being used to solve the problem. Gamban is not limited to one provider, but blocks access to over 40,000 gambling websites. Even at eSports the software intervenes and blocks the so-called skin-betting in the games. This spring, Gamstop is also expected to launch its own blocking system for British gambling providers, which will block players from all websites licensed under the UK Gambling Commission. Gamban and Gamstop can thus make an important contribution to player protection.

 

Skrill

Skrill is your online friend, a flexible and secure online wallet based in the UK. Skrill is the cheapest online payment solution, though not the fastest one.

SIGN UP FOR FREE

Open your Skrill account today and enjoy the benefits of this flexible and secure online wallet!

Using Skrill, you will be able to move the money around across different bookmakers without paying anything. The total transaction costs will be much lower than if you were making the deposit and the withdrawal directly with a debit or credit card.

ADVANTAGES

Skrill is the cheapest deposit/withdrawal option when it comes to online betting. Transactions with bookmakers are free, and uploads to Skrill account are also free if you’re using certain payment methods (Maestro, Sofort, wire transfer, Skrill Direct online banking). Fees for uploads via MasterCard, Visa, American Express, Diners, JCB are 1.90%. Skrill MasterCard ATM withdrawals are cheap, £1.46 per transaction, and the annual card fee is £8.13.

All this makes Skrill the cheapest option, and there are no hidden fees. Most of the transactions are free, and you never get the feeling Skrill is ripping you off. They’re just taking a small commission here and there, but in a transparent way.

The Skrill MasterCard is issued to every member for free, and is adding to the flexibility of this payment method as you can access your funds anytime and anywhere.

DISADVANTAGES

The Skrill MasterCard daily ATM withdrawal limits are very low, €250 at the Bronze VIP level, which is the default for new accounts. Maximum is €2500 for Gold VIP members, effectively making you become a Gold VIP or use different withdrawal options such as transfering the money from Skrill to your other debit card or a bank account.

While withdrawals from the bookmaker to Skrill are fast, within 24 hours depending on the bookmaker, they’re not instantaneous.

CONCLUSION

If you’re betting online, Skrill is unavoidable. Unless you want to make direct deposit and withdrawals with your debit card, in which case you’ll pay more and wait for a longer time for the payment to clear. Skrill is not ideal, but is close to it, especially for VIP members. Sign up today!

Neteller

Neteller is a lean and mean payment method – it’s possible to withdraw the online betting winnings within a couple of minutes on the first ATM. The speed comes at a cost, but we’re still voting Neteller as the best payment method for online betting.

Neteller is an online wallet accepted by virtually all online bookmakers. You top up your account using any of the traditional payment methods, then you can freely move your money around across online bookmakers for free. All that with a convenience of having a Net+ MasterCard plastic card linked to your Neteller account, so whenever funds are available on your Neteller account they’re also available on the ATM.

ADVANTAGES

Neteller is the fastest payment option, and in combination with Bet365 it’s possible to withdraw the winnings within a couple of minutes. That’s faster than walking to the betting shop to withdraw the winnings.

The Net+ daily limits are nice. £500 ATM withdrawal, £1500 POS purchases.

There are no annual, monthly or dormancy fees for the Net+ card. There’s the £8 shipping and handling fee when ordering your card, and that’s it.

DISADVANTAGES

The fees are a bit high. When uploading the money to your Neteller account you may pay up to 4.95% commission, though there are different payment methods with different fees. Choose wisely. Withdrawals are also expensive, but free if you’re using your Net+ card.

The ATM withdrawal fee is £3 GBP per transaction.

CONCLUSION

Neteller is the best payment method for online betting. Use it.

Payments methods: Wire transfer

Wire transfer is the slowest and most complicated way to transfer the money to or from an online bookmaker, but is still widely used as a reserve payment method.

ADVANTAGES

It never fails and all bookmakers accept wire transfers. They’re useful when you want to fund your account for the first time or when you need to withdraw money after depositing with an option that doesn’t allow withdrawals, e.g. Paysafecard.

DISADVANTAGES

Wire transfers are generally slow, and it’s difficult to transfer the money to a faster and more flexible payment option. Therefore, wire transfers should only be used when the goal is to transfer the money to a different payment option.

CONCLUSION

Wire transfers should never be used if another option is available, but are invaluable as a reserve payment method. For example, if you’re using Skrill or Neteller you may want to fund your account with a wire transfer in order to be able to use the full flexibility of an online wallet afterwards.

Credit cards

Credit cards are a very good payment method for online betting if used properly. It’s possible to bet with borrowed money with a 0% commission.

The biggest advantage of credit cards is, well, that they’re credit cards. Therefore it’s possible to wager some money today and pay for it with the next credit card statement, or in case of revolving cards distribute the expense over a longer period of time.

It’s best to use credit cards to fund the Skrill or Neteller account because all bookmakers accept these two online wallets and the transactions with the bookmaker are free, whereas you’re stuck with one bookmaker if depositing with a credit card directly. And it’s possible you might not be able to deposit with a certain bookmaker, depending on what card you have.

There is one bookmaker that accepts credit cards without commission, and that’s Bet365, Visa and MasterCard only. In this case we advise you make a direct deposit with a credit card, of course.

ADVANTAGES

Bet today, pay next month.

DISADVANTAGES

You might have to use wire transfer as the withdrawal method. This is avoided if not depositing directly with a credit card, and using the card to fund the Skrill or Neteller account instead.

CONCLUSION

The only way to bet with borrowed money. In case of Bet365, without a fee.