Fast increase in self-exclusions: why are more gamblers opting out?

The art form that was once a way to spend some time in the evening. People used to have skills in figuring out the cards, and the combinations, and spent hours in the maze. Accessibility creates a market. When it is an easy thing, the interest subsides. Gambling turns into a bad dream in the […]

By The Canary

The art form that was once a way to spend some time in the evening. People used to have skills in figuring out the cards, and the combinations, and spent hours in the maze. Accessibility creates a market. When it is an easy thing, the interest subsides. Gambling turns into a bad dream in the unfortunate situation that you don’t end up winning anything at all. Because the house always has the edge, you can enjoy slim luck, based on whatever RTP the game reports. It seldom takes time to feel the urge to make that one more spin, in the hope of hitting the jackpot or at least the lucky combination. Asking oneself to not get used to this is a big deal. Let us learn why there is a rise in the numbers in this short article.

What is self-exclusion?

Whenever you are in a casino or playing on your smartphone you may notice the responsible gambling settings. It was made mandatory by gambling authorities that regulate this business to put forth security measures that can reduce losses for the company, as well as for the user. When a player is in a compulsive state and is unable to repay the operator, it makes sense to disqualify the player from the platform. It is the same as checking one out of a casino for non-payment. This is the definition of exclusion, but if one does it voluntarily, it is self-exclusion.

Thus, self-exclusion is the practice of stopping yourself from doing something. For example, controlling your hunger for fast food or buying discounted products and so on. If we learn to self-exclude, we can combat the addictive spirit of gambling. However, it’s worth noting that for those who may want to return to gambling in the future, alternative online casinos that are not in GamStop provides a perfect way to do so. But it is still important to maintain control over their gaming habits responsibly.

How does it work?

To understand something better, one must practice it. In the context of gambling, you don’t need to do even that. If you have a single account online on any online casino platform, you will find these responsible gambling settings in your main account. To implement them on your profile, just go to the settings tab, check the self-exclusion tab and you will find several more options. Some casinos may have more or less depending on the website design.

  1. First, you log in and create your online account.
  2. You must fill up these settings before you begin your first bet. This is generally the condition for eligibility as well.
  3. You have to set limits on deposits, withdrawals, number of losses, loss of money, budget, number of spins, time of play, and so on.
  4. If a person exceeds certain limits, they will be logged out of the platform automatically.
  5. There is also a period for which they cannot access their account that they have to self-specify when creating the account.
  6. Further, one cannot just say “Nil” or “Zero” or “Never” and so on, because these are against the rules.

There are other ways too where online casinos help people get rid of this behaviour. The compulsion to keep playing despite losses. They offer insights and help through various organisations like GamStop to help the needy. If you want to self-exclude, you can seek their consultation as well. Often, they are free.

Factors driving the fast increase

The rise in the numbers can be due to many reasons, some of which we elaborate here.

  • There is a general awareness of responsible gambling policies and their benefits for players. This allows oneself to think twice.
  • When the pandemic was closing all businesses, online markets grew and people spent most of their time on the web. But, now that is not necessary anymore.
  • Many regulatory bodies are forcing gambling sites to spread awareness and focus on players’ health rather than just profits.
  • The inclusion of responsible gambling tools like GamStop is on the rise and is actively promoted by many casinos. Additionally, there has been a noticeable increase in the availability of betting operators without GamStop, providing players with more options for managing their gambling habits responsibly.

Effects on the gambling industry

It is a direct result of the rise in exclusions that casinos will get lesser traffic. While businesses want to make profits, accountability, and laws force them to stop taking advantage of players who have a gambling addiction. This affects the companies in two major ways.

  • One is a decrease in revenue because of fewer users. Even though they don’t need to maintain physical stores, there are costs for online keep-up too.
  • They are also forced to make marketing strategies to bring in new users to make up for the lost ones.

The importance of self-exclusion

There are two major benefits for the players.

  • They can become aware of their health, and responsibility towards gambling.
  • They understand the importance of the addictive nature, and programs like GamStop can help them or others who are unable to cope themselves.

Support and resources

Online casinos list these resources in their information pages. GamStop, BeGambleAware, GamCare, and other external assistance are a few names. They provide confidential help and offer you the chance to restrict your online activities. The prevention services are often free of charge as well.

Conclusion

The significance of trying to control yourself from going over the budget or coming back every day to bet some more is big. Players and their friends who know them should advise them on this. Being responsible when gambling is a must and because of that all casinos mandate everyone to be adult and above. Fun and winning money is alright but gambling is never a source of regular income.

Featured image supplied

By The Canary

This post was originally published on Canary.


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