Gambling is an act that several Australians engage in. With an over 80% rate of adults in the field, it is one of the highest gambling countries in the world. Responsible Gambling depends heavily on the regulatory bodies that handle gambling-related matters.
In Australia, there is no overall body that regulates gambling activities; rather, the country regulates gambling at the federal and state level. In other words, states and territories have separate rules guiding their activities.
As exciting as gambling can be, it can be intoxicating for several players. An addiction to the game could cause severe repercussions. For Aussies, this could be particularly harmful as the country considers it more of a hobby than a means of earning. This article shall cover Responsible Gambling and all you need to know about Gambling in Australia.
Responsible gambling deals more with the fun and entertainment aspects of gambling. To gamble responsibly means that you take breaks intermittently, and avoid gambling generally whenever you are on a losing streak. Gambling becomes a problem when a player cannot control the urge to make money out of placing bets.
The act of gambling responsibly depends on you when you are in control of how much you spend in a gambling house. It also depends on your perception of the game, understanding the odds of winning and losing, and taking responsibility for it. Responsible gambling also depends on gambling platforms like land-based and online betting sites.
Gambling in Australia is a practice that dates back to several centuries when people placed bets on their favorite activities. Since then, gambling has evolved, bringing other attractions like table games, poker, horse racing, and other forms of entertainment. This only grew the popularity of the act among Aussies bringing, to play several facts that you might be unaware of. These facts are outlined below.
Another fact about gambling is this - there will always be losses and Australians are not immune to this situation. Several Australian players spend so much on betting and most times, lose in large sums. According to statistics, this is more often than not.
Queensland Treasury published the 35th edition of Australian Gambling Statistics which gave a clear breakdown of how much Australians bet and lose on a bet. Based on this report, Aussies spent over $242 billion on betting in 2017-20181. $11.6 billion of this comes from sports betting, $181.4 billion on playing poker and other casino games. The leftover, $25.8 billion comes from racing bets.
When calculated, this means that an average Australian over the age of 18 spends over $12,000 on betting.
In the same vein, Australian players lose $24.88 billion in betting. $1.23 billion of this chunk comes from sports betting and $3.5 billion from racing. The largest chunk, $20.1 billion comes from losing in other casino games. When averaged over the number of adults in the country, it results in $1,260 per person.
As much as these figures are alarming, the rate of losses has never reduced. With the increase in the number of Australian bettors, there's also an increase in betting losses.
Australia has no specific body that controls its operations. Thus, every territory and state operate under their individual regulations. However, it is a general fact that the country bans online poker, and other forms of online gambling. This does not stop Australian punters from betting on external online platforms.
It is no news that gambling is one of the most exciting activities for Australians. However, despite the thrill, an addiction to the game is disastrous. What's worse is that most bettors fail to recognize the signs of addiction, attributing it to the "fun of the game." However, you should note signs that indicate you're a serious gambler or on the path to becoming one. If you love to gamble, here are some signs to look out for.
Lying to cover up your gambling routine is a sign that a person is going overboard. Gambling should be regarded as a fun activity, not something to hide from friends and colleagues. The compulsion to lie stems from an obsession over the game, which means that a person can go to any length to place bets.
A regular gambler might go the extra mile to spend more on gambling, but once there are too many losses, the gambler stops. However, an addict doesn't work that way. Instead of quitting, an addict will wager with valuable items at their disposal.
This is another red flag to note. No gambler will walk into a casino or go to place bets without having a certain amount of money. However, addicts can’t control their urges and will place a bet with or without the ability to field a loss.
Irrespective of how much a person covers up these habits, friends and close relatives will start to notice. This is because the practice will eventually take a toll on a person's activities, work-life, and other personal issues. Once friends start expressing concern, a person should try to take a step back and access the facts.
Unfortunately, sometimes, it might be too late to curb the act. This leads to using other means to control an addiction.
When you feel that you're spending too much time and money on gambling, you can decide to take a break. This is termed "self-exclusion." With this, you can quit all gambling activities, both land-based and online, for at least three months.
A self-exclusion register is a contact-like form that stipulates the terms and conditions that come with self-exclusion. Simply put, it clearly states that you'll exclude yourself from all licensed wagering services.
Once you employ this method, you'll be unable to open an online account or place a bet on any online betting site. Furthermore, your existing gambling platform will close all accounts and return any outstanding to you. It will also remove your name from their database. Self-exclusion is helpful for gamblers who already have a gambling problem.
To place wagers on any betting platform, you will require a form of identification. The operator will request this upon entry or during the creation of accounts.
Your identity plays a huge role in any betting platform as it verifies who you claim to be. It is also important for computing purposes which would help the server read your information upon your next visit.
Customer verification requires your personal details like first and last name, date of birth, and other relevant documents. With this, gambling bodies can keep track of your gambling routines. It is also beneficial in tracking stolen cards and protecting you from fraud.
The following guidelines will help you pursue your gambling hobby as safely as possible.
If you want to gamble responsibly, you should focus on the entertainment and fun you derive, not the income. It doesn’t mean that there is no fun in making winnings on your bet, but this should not be your primary purpose.
Set a betting limit for yourself just as you would on any other commodity. Aside from setting it, stick to the limit.
Never forget that gambling is a game of chance; hence you are bound to win or lose. Thus, a loss should not seem like a foreign occurrence to you. While betting, expect to lose on a particular bet, however, know when to walk away after losing.
Prior knowledge about serious gambling problems can help you identify when your routine becomes a habit. Thus, familiarize yourself with gambling, its symptoms, and the best way to handle addiction.
Never let gambling be the top priority for you. Work when you have to, hang out with friends when you need to, and only play for fun.
Australia offers extensive support to its gamblers through organizations. These organizations help you gamble responsibly by giving you the right orientation about gambling. Some of them include:
Gambler's Help is a network funded by Victoria's State government. The organization specializes in providing services for people with gambling issues.
WA provides support, counseling, orientation, and information for Australians under the influence of gambling. With nine different locations, it is able to get its services across to several gamblers in need of them.
Like its counterparts, Gambling Help Queensland provides support for gamblers with an addiction.
Responsible gambling takes a lot of effort on the part of organizations and external bodies. However, these organizations can only do their best in ensuring you gamble responsibly. In other words, responsible gambling begins with you.