Responsible Gambling

Responsible Gambling Last Update: March 13, 2023

Overview

Responsible Gambling is for everyone, regardless of whether you identify yourself as having a gambling problem.

How do I gamble responsibly?

  • View gambling as a form of entertainment and not a source of income.

  • Only gamble what you can afford to lose.

  • Never chase your losses, as this can lead to problems.

  • Monitor the amount of time you spend playing.

  • Balance gambling with other activities. When gambling becomes your only form of entertainment you should stop and consider whether you are still having fun.

  • Take regular breaks from gambling. Gambling continuously can cause you to lose track of time and perspective.

  • Do not gamble when under the influence of alcohol or when you are upset or depressed, as it can impair decision-making.

  • Think about how much time and money you spend gambling.

  • Understand your chance of winning and how the platform works.

Are you responsible?

We strongly believe that the only way to gamble on baabaabet.xyz is responsibly. For a small number of people gambling can have a harmful impact. If you have concerns about the way you gamble, answer our short Self-Assessment to help recognise if you have a gambling problem.

Self-Assessment

Take our self-assessment to help you to identify whether you have a gambling problem.

Do you have a gambling problem? Ask yourself the following questions:

  • Do you feel guilty about the amount of money you spend gambling?

  • Do you need to gamble with larger amounts of money to get the same feeling of excitement?

  • Do you find it difficult to stop gambling after a loss?

  • Does your gambling cause any financial problems for you or your household?

  • Does gambling negatively affect your personal relationships, your job or studies?

  • Does your gambling cause you any health problems, including stress or anxiety?

  • Do you become restless if you are not gambling?

  • Do you feel that you might have a gambling problem?

Did you answer 'yes' to any of the questions?

If so, we recommend that you take a break and only use the platform once you are ready. We are considering opening a channel to accommodate a self-help group because some people find that talking with others who have a gambling problem may be a helpful part of treatment.

Problem Gambling

What is the problem gambling?

Problem gambling is gambling to a degree that compromises, disrupts or damages family, personal or recreational pursuits. A problem gambler is typically described as someone who has spent more money and/or time gambling than they can afford.

Problem gambling warning signs

  • Spending more money and time on gambling than you can afford

  • Finding it hard to manage or stop your gambling

  • Having arguments with family or friends about money and gambling

  • Losing interest in your usual activities or hobbies, like going out with friends or spending time with your family

  • Always thinking or talking about gambling

  • Lying about your gambling or hiding it from other people

  • Chasing losses or gambling to get out of financial trouble

  • Gambling until all your money is gone

  • Borrowing money, selling possessions or not paying bills in order to fund your gambling

  • Needing to gamble with larger amounts of money or for a longer time to get the same feeling of excitement or buzz

  • Neglecting work, university, family, personal needs or household responsibilities because of gambling

  • Feeling anxious, worried, guilty, depressed or irritable

If you are still unsure about the way you gamble, take our problem gambling Self-Assessment.

How Gambling Works

Knowing how gambling works will help you make informed decisions when you spend your money gambling.

When thinking about placing a bet, whether it is on a sporting event or any prediction, it is vital that you know how the product you are playing works. If you do not, then do not place a bet.

This may sound obvious but the main risk when gambling is losing money. Knowing what you are betting on means that you can make informed decisions about the money you are spending when gambling.

Sports

Betting on sports involves predicting the outcome of (normally) a sporting event. This could either be the final result or any event that occurs within the game. The odds (or price) that you take are set by the company and represents their idea of an event occurring.

To win you simply have to be right, although there is no such thing as a guaranteed winner.

Even when backing a big favorite, winning is never guaranteed as sports ultimately are just too unpredictable. Unlikely outcomes are not just possible, they actually happen quite regularly. So never bet more than you can afford to lose, gamble responsibly and within your means.

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