Responsible Gambling - A Guide to Sustainable Participation

For every player at GO88, gambling responsibly is the single most important guiding principle they can have, and GO88 understands this and provides tools, policies, and resources that are integrated into the player experience to promote this important value. Responsible gambling is not relegated to the position of regulatory requirement.

To be honest, gambling is very dangerous, and what appears to be an entertaining pastime can become an addiction very quickly.

Although the difference between what is healthy and what is unhealthy gambling can be very difficult, it is the cornerstone of responsible gambling. Most players at GO88 are not aware of how easy it is to become an addict and ignore the boundary, because of how the brain is wired to respond to the feelings associated with wins and losses.

It is important to understand that gambling responsibly encompasses a lot more than simply not gambling. Some of the key aspects to responsible gambling are not gambling more than a set budget and time constraints, being okay with the fact that you may lose, entertaining gambling as a pastime and not a profession, not gambling to win back money that you have lost, and being able to stop gambling whenever you want, without being upset, to name a few. Most players probably will not understand this, and this is most likely not going to change.

Gambling Behavior / Losing Control / Early Warning Signs
Part of the responsibility of gambling is to contain problematic behavior before it gets out of control. This includes the following: Using rent, mortgage or other essential living expenses to place bets; Lying to friends or family about the bet size or about how long the gambling session lasts; Experiencing anxiety, irritability, or restlessness when not gambling; Continuously increasing bet amounts to try to recover prior losses; Continuously disregarding self-imposed betting limits. While one incident may not be too concerning, multiple behavioral episodes over multiple gambling sessions is serious.

Why do win-loss mechanics keep hooking people?
The response of the brain to gambling is well established, and it is extremely strong. Near misses create the same almost dopamine rush as a win, and therefore people keep gambling regardless of a negative financial outcome. Variable reward schedules are one of the most psychologically reinforcing mechanisms, and gambling is no different than social media and video gaming in that regard.

Strategies and resources to help you play responsibly
The most effective ways to protect yourself from the negative consequences of gambling are tools and behavioral strategies that are easy to use and protect your from the negative consequences of gambling. Responsible strategies are most effective when they are combined with tools that platforms provide and your own self-control.

Setting deposit limits
Setting deposit limits is one of the most effective tools to help you gamble responsibly. It removes the risky decision of “topping up” your account during losing streaks by turning an active decision into a passive one. One of the tools that GO88 gives you the ability to set deposit limits is in your account settings.

Self-exclusion
Self-exclusion is an option that is available to players who need a complete break from gambling. It is the option to set a cooling-off period during which you are not able to make any deposit, place any wagers, or access your account. It's not defeat, in fact, it's the exact opposite; in many ways, it's more a sign of success than anything else. Most platforms of any repute apply the self-exclusion tool to all their sites and gambling establishments.

The "play only with surplus money" rule and how to actually follow it

The basic principle of responsible gambling is about money that is surplus/deficit. Money that is surplus is money that is not needed in other parts of your life. "Surplus" money means after your fixed bills, savings, discretionary spending, and fixed expenses, you still have money left. And it means you do not still have money that is left. So how do you put this into practice? Open a gambling wallet and put money in it at the beginning of each month for your agreed amount that you won't touch for gambling.

Set a "mental bank" limit and practice gambling wallet

Set limits, and practice yourself gambling to the bank. It can be a bank account, fired, or a prepaid card. Real check yourself.

Set an account for yourself, and eventually you'll find a gambling account for yourself

Self-exclusion can be a really beneficial tool to temporarily distance yourself from gambling. But if you find yourself in any of these circumstances, know that there is responsible gambling. And the path starts with you. Don't forget the people around you, seek the help. No one has to go through this process alone.and resources now existing are more easily attainable and less stigmatized than ever before in history.

Respected international entities aiding problem gambling
Many reputable global entities offer support for problem gambling and have an international scope of reach. Gamblers Anonymous has peer support group meetings in many countries. The National Council on Problem Gambling (NCPG) is available via a 24-hour hotline and lists certified counselors by state (i.e. country). GamCare, located in the United Kingdom, has online counseling, and also offers a structured rehabilitation program, along with self-help resources that promote a healthy gambling philosophy. Globally, BeGambleAware has a resource center that assists problem gamblers.

What relatives and friends can do to help
Responsible recovery is a collective process. Family and friends have an important role in both initial and sustained support. The most effective approach is a combination of candid, open, and honest communication, and setting clear boundaries, that shows concern but does not enable the problem by financially bailing the gambler out or lessening the severity of the issue. It is important to encourage professional help and not attempt to be the sole keeper of accountability.
What we consider recovery

Gamblers' recovery is realistic, well-planned, and documented. It is a recovery that is not set aside just for the more strong-willed individuals. Numerous participants who admitted spotting their gambling behaviors as an issue and can receive the right help and set some firm boundaries on their gambling behavior, can, and, in fact, have successfully come back to gambling as a recreational activity that is controlled, and, in some instances, have chosen to completely withdraw from gambling and, in the process, successfully restored their financially and personally lives.

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Last thoughts
Responsible gambling does not mean that your enjoyment is limited. In fact, it’s the opposite. It is the model that makes real and sustainable enjoyment from gambling a possibility in the long term. GO88 takes pride in being a platform where responsible gambling and gaming is interwoven with the players experience on all levels. This is because better gaming experiences are when gaming is done with the personal and financial limits that you set and the option to walk away is always there.