To bet responsibly means being able to exercise control over your betting activity and not letting it negatively impact other areas of your life. People bet for many reasons. Some people do it for excitement, some for the thrill of winning or to be social. Most Kenyans do betting for fun and enjoyment.
However, some people do it wrongly and spend more than they can afford. Others take to betting to distract themselves from facing problems.
If you do this, then betting will surely cause you trouble.
Are you in control of how much time and money you are spending?
Responsible betting is when you:
1. See betting as a form of entertainment
2. Don’t place a bet with more than you can afford to lose
3. Know and accept the odds
4. Keep sight of your chances of winning
5. Accept that your spending limits may be less than others
6. Don’t go back the next time to try and win back your losses.
We’ve compiled a few simple and straight-forward tips that can help anyone to make sure that betting does not become a problem.
1. Don’t prioritize betting as your way of making money:
Keep it simple and keep it fun. It’s an entertainment expense that gives you a good shot of adrenaline. Yes, it’s true that you could hit the jackpot and be a millionaire but the best way to do it is to have fun and plan deliberately – just like you do when you’re planning a night out.
2. Place bets with money you can afford to lose:
Like we said, do betting within your entertainment budget – not with your rent, school fees or phone bill.
3. Set your limit in advance:
Make a decision on how much you can afford to lose before you bet. When it’s gone – it’s over! It’s probably not your fault that the team had a bad day. If you win, you’ve done a great job but don’t be disappointed if your luck doesn’t continue.
4. Put a time limit and stick to it:
Betting is fun and yes, it’s easy to lose track of time when you’re doing it. Take control by setting a time limit and when the time runs out – stop! You won’t regret it.
5. Avoid the temptation of chasing your losses:
So, you’ve now set a limit on your money. If you happen lose it and then try to win some of it back, then you have not really set a limit. That’s not a good idea. More often than not, it may lead to bigger losses. Don’t chase your losses.
6. Never place a bet when you’re depressed or upset:
Making decisions can be harder when you’re stressed or upset emotionally. It’s better to make bets when your head is clear.
7. Don’t drink or use drugs when betting:
Again, these may cloud your judgment. Good judgment is needed if you want to make money on your bets and to maintain control.
It’s really a choice
If you have a genuine concern about controlling your betting, these rules can help you make the smart decision to walk away and take control.
To find further advice and support visit the responsible gaming page on the Sportpesa website and learn about Self-Exclusion