Risk management and responsible gaming

[Juse14]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

What the government in the country where I live does is more than that, not just restrictions but a ban on all activities related to gambling through a set of laws and regulations. And if someone in the community engages in gambling then this is very contrary to existing regulations and is a behavior that violates the law and later if someone in the community carries out this activity it will be prosecuted legally.
However, is this policy able to completely prevent people in my country from gambling activities? In reality, this is not the case, where gambling activities in the community continue even though there have been strong measures from the government to prevent this.

"Still, to be responsible for the gambling we do, we have to start with ourselves."

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[danherbias07]

That's the norm.
The government takes money from gambling through tax, the best it could do is help those who are addicted to gambling. What else they would do with the money they are receiving from all those taxes? None.
They regulated it, then they must also take responsibility for those who will be hooked by whatever gambling activity that they legalized.
Without it, there is no money for the local government, so where else will they get the funds for their own pockets and the upgrade of whatever project they are proposing? None. House taxes ain't that high, (in my country) and there's no way they could accumulate enough funds for road projects if there's no gambling industry near it.

[Hispo]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

I would like you to elaborate more on those governments and organizations which allegedly try to inform and educate people about responsive gambling. Because, as far as I know most governments in the west mostly take care about casinos paying their fair share of taxes and making self exclusion programs available. I would dare to say private organizations try to do more.

In the end, most of the research and control is supposed to be done by us.

If you could provide some links do we can read more about the actions by those governments to help people with problem gambling, it would be good

[rhomelmabini]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

Government are also the one encourage to gamble like the lottery which is I think not ethical considering they are the one asking people to encourage responsible gambling as well. They may not consider it a gambling but in my area you likely have to like bet 3x in a day in a lottery and I guess that's already gambling in its form.

[imamusma]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

This is normal practice for the gambling industry, but are you sure about what percentage of gamblers are able to gamble responsibly?
Most of us are problem gamblers in that we find it difficult to take responsibility for what we have spent gambling. Obviously this is something bad for anyone to continue to maintain, but the government has a role so that gamblers do not become a burden on the state.

I find many casinos give problem gamblers access to solve their problems by consulting with experts. They ask gamblers to gamble responsibly instead of continuing to gamble without control, so this is a positive side that any casino may need to maintain.

[bangjoe]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

I am very curious which country's government has imposed this on gambling sites to limit their slowness in playing gambling, I just heard this so I am quite curious, can you mention it? And is there a script about regulations?

For me personally, this will be detrimental to the casino if they really limit the time and amount of deposit or interesting, those who are accustomed to gambling with a large amount will certainly not be comfortable with this regulation, not in their case of addiction but the number of gambling they do is really Big every week or day, and in the end he will turn to gambling sites that do not have such restrictions for playing or betting. I really want to read the script clearly, so as not to become a wild view without basis.

[Yatsan]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

Is there a question in this somewhere?

The complex relationship between governments and gambling... Ever notice how most governments seem to have a love-hate relationship with gambling? On one hand, they're all about those tax dollars rolling in from casinos and lotteries. But when it comes to helping folks with gambling issues, it's like they're suddenly MIA. I mean, they're not exactly losing sleep over folks with gambling problems.  It's more about their own financial interests.

Indeed, there are a few gambling games and gambling casinos which are allowed to operate in most countries, and those are ones which are registered. There are laws with gambling taxation and restrictions but I have never heard of any government organization to cover up or help those who became addicted into it. As far as I know we, as gamblers, are the only one responsible with the consequences of gambling. Being responsible is not easy simply because discipline is something which requires initiative; it happened that not everyone has such drive.The situation of gambling industry is still blurry; even those which are being taxed are not even being promoted to the public which is reasonable which doubts the idea that they have prepared such support group under government to catch those who’d fall in gambling addiction.

[blockman]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

And for some governments, they're even banning gambling in all forms, online and offline.

Government are also the one encourage to gamble like the lottery which is I think not ethical considering they are the one asking people to encourage responsible gambling as well. They may not consider it a gambling but in my area you likely have to like bet 3x in a day in a lottery and I guess that's already gambling in its form.

Yeah, we've got the public lottery and a portion of the funds collected from it are also going to the charity. While the winners of that lottery really are winning a lot of money. Although there's a controversy right now on this matter but if its' the government that allows this, there's no problem at all but in morals, you are the one to consider it and still be responsible.

[madnessteat]

I am not in favor of anti-gambling measures taken by government agencies as they do not work the way they want them to. A good example is the situation in my country.

In my country gambling is allowed only in specially designated locations. Naturally, many gamblers play gambling only online, because they do not have the opportunity to travel thousands of kilometers to play in a land-based casino.

Taxes on the money on which I play do not go to the state treasury. They thought that they would create an infrastructure like in Las Vegas and these gambling zones would be very crowded. How wrong they were when they passed this law.

[Westinhome]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

The government of the developed countries alone give the positive approach to the gambling.Because people of the developed countries will have huge amount of money from the various economic sources.The most of the country which had banned gambling will be the developing country or under developing country.The gambler should ready to take responsibility of the money used in the gambling,the experienced gambler will say this to the people who was new to the gambling.If the gamblers get any issue after the win like withdrew of funds,the support is the best option given by the gambling sites.

[topbitcoin]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

I refuse this, why? Because I think this is more about the legalization of gambling by using the government and a group of organizations that will provide certain guarantees in the games that will be played, even though there is a betting or age limit, what is called gambling is still a detrimental act.
Moreover, in the process, gambling players do not recognize groups or classes. There will be many factors for people to gamble, firstly, apart from the factor that they feel capable of gambling, it could be another factor because they want to get rich instantly, then this will be more dangerous mentally for anyone who is tempted by gambling advertisements that seem to promise or guarantee human survival, even though will harm and destroy yourself and your family. We all know that there are certainly people who regulate this type of gambling, especially bookies who don't want to lose out on their gaming facilities.

[Wiwo]

The reason why I prefer centralized casinos is for the fact that they have to regulate the activities of the casino and trying to limit underage gambling which have become one of the prevailing issues and cause of gambling addictions in contemporary society.

So aside from the licensing that they get,  they always set the limits to their gambling and the underaged that is why their placed a 🔞  age limit on gambling.

[Jocuserious]

There are many laws for the Gambling Behavior Council but can it really change problem gambling behaviour! You should know that casino and betting are now affected in all countries which is absolutely impossible to silence.
Now you don't have to go out of your house to play gambling so it gives you online services so if you have money you can play gambling. Almost today i have bet more than $100 and lost and I am related to online gambling.
Almost all countries now have gambling activities, especially those that are given a positive signal by the government of that country. By gambling you can increase the amount of money so even if you lose you have to accept the responsibility of this money which affects the experienced gambler.

[Fatunad]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

They would really be having that kind of showing that they are in concern but in a country which does really give out importance about gambling tax then it would really be just that pretty obvious that those are really just that fake concerns and cautions been given into the public but deep inside they would really be much preferred on having those impulsive gamblers which means that it is really generating more revenue.Somewhat we do know that not all corners of the world would really be accepting gambling and this is where prohibitions and restrictions been set. We know that there are places which are heavily relying with those taxes and there are
ones who dont really care nor does not depend and this is why we could really say that it would really be situation.

Gambling problem? Its common and no matter how the platform or even government would be giving out those kind of reminders about potential gambling addiction but towards yourself having no control
about your gambling habit or activity then there's nothing they can do on the situation on where you might really be ending up. It would always boils down towards your own decisions
and on how you do treat up gambling because if you dont then you would definitely be finding yourself on great trouble.  Gambling is for fun and never ever tend to make
yourself that thinking that it could bring out income.

[rahmad2nd]

Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.

The first thing that came to my mind when I read your post was, which government do you mean? However, if there are several organizations that encourage gamblers to be more responsible, perhaps we can find this on sites that discuss the negative side of gambling. If I'm not mistaken, there are several sites that have created threads on gambling discussion boards. self-exclusion program, this is actually a pretty good idea that even the casino provides. However, gambling addicts rarely participate in self-exclusion programs. the problem is, someone who has become an addict needs special treatment, not just a self-exclusion program.

Referring to the title of this thread, about risk management and responsible gaming. Actually, this is something that gamblers should have and know, but the key is high awareness of what we are doing, in this case it is gambling. Unfortunately, not many people realize or know about understanding the importance of awareness and what will ultimately form responsibility. Well, what are you saying especially the title of this thread. not all gamblers, own it, understand it and are responsible. In fact, perhaps most gamblers don't realize it or don't care.

[el kaka22]

The probability is that if you could just deposit whatever you are fine losing, and not deposit again, that would be simple and enough. Not many people do that, that is the only thing that you can do and would end up being the most important thing. Unfortunately this doesn't really seem like the most important thing at the time, but should be very important to notice, because not many people still do it.

If you could just limit your deposits, the risk management comes with that all alone, because you have a certain amount you are allowing yourself to lose, and the worst possible case is you will lose that, which means your risk is managed. I urge everyone to give it a go, try that for at least a few months and you will love it.

[Cling18]

The probability is that if you could just deposit whatever you are fine losing, and not deposit again, that would be simple and enough. Not many people do that, that is the only thing that you can do and would end up being the most important thing. Unfortunately this doesn't really seem like the most important thing at the time, but should be very important to notice, because not many people still do it.

If you could just limit your deposits, the risk management comes with that all alone, because you have a certain amount you are allowing yourself to lose, and the worst possible case is you will lose that, which means your risk is managed. I urge everyone to give it a go, try that for at least a few months and you will love it.

Been doing this for a long time when I realized that not putting limits and control could only increase your chances of losing. It is important that we only deposit enough funds that we can only afford to lose. We all know that the possibility of losing in gambling will always exist no matter how careful or strategic we are so we must be emotionally prepared for it.
It might be hard since betting will always be tempting especially if we want to recover our losses but if we will be strict in implementing self-discipline, we won't need too much help from the government when it comes to risk management. It should be our personal action to succeed in our gambling journey.

[borovichok]

The government of the developed countries alone give the positive approach to the gambling.Because people of the developed countries will have huge amount of money from the various economic sources.The most of the country which had banned gambling will be the developing country or under developing country.The gambler should ready to take responsibility of the money used in the gambling,the experienced gambler will say this to the people who was new to the gambling.If the gamblers get any issue after the win like withdrew of funds,the support is the best option given by the gambling sites.

The system is dangerous, every gambler out there knows about this, absolutely nothing to worry about other than mapping out the necessary important information. Risk management is one of the core factors that should be consider when one is in position to gamble, this factor have really me countless times out there. The system is volatile, it will always go against us no matter how cautious and calculative we are, more relevant reasons we should just stick to a good strategy that will ensure that our profits exceeds our losses made.

[dothebeats]

What you just stated here does not affect the risk management of individuals in gambling. The government enforcing restriction to gamblers is not because of their willingness to 'help' the gambler control their funds, but instead it's because of them wanting to curb the addiction of the gambler while it's still on its early stages. It has nothing to do with risk management but rather prevention of further damage to already-addicted individuals looking to change their ways.

[Casdinyard]

So uninspired, we literally have little to work with from the post you made lol.

That's the norm.
The government takes money from gambling through tax, the best it could do is help those who are addicted to gambling. What else they would do with the money they are receiving from all those taxes? None.
They regulated it, then they must also take responsibility for those who will be hooked by whatever gambling activity that they legalized.
Without it, there is no money for the local government, so where else will they get the funds for their own pockets and the upgrade of whatever project they are proposing? None. House taxes ain't that high, (in my country) and there's no way they could accumulate enough funds for road projects if there's no gambling industry near it.

It's the norm, but are they doing it?

The governments have a way with intervening against other forms of addiction, hell, they even have one imposed for sex addicts. But arguably one of the most detrimental and devastating form of addictions out there? No sir., can't do. I've yet to see a government that actively involves itself in the war against gambling addiction, as a matter of fact I'd argue that their lack of action is in itself their form of promoting gambling, allowing these casinos to cater to more audiences regardless of their mental state and their propensity for gambling addiction. They gain millions through the misfortune of the public after all, and if they actually do something to stave off this issue, they'd be losing millions.