Using self-regulation tools to enact safeguard your finances while gambling
Self-regulation tools can help you avoid undue financial risks when enjoying online casinos. Here are some frequently asked questions about the use of self-regulation tools at online casinos.
What self-regulation tools are available at Yuugado?
Yuugado offers a range of self-regulation tools, including deposit limits, loss limits, session limits and reality checks, self-exclusion and time-outs. These tools can help you develop a healthier relationship with gambling.
What are deposit limits?
Deposit Limit is a tool that allows you to set a maximum deposit amount per day, week, or month. During the chosen period, you will not be able to deposit more than the set amount, allowing you to enjoy playing while sticking to a budget.
What are loss limits?
Loss Limit is a tool that lets you set a maximum loss amount over a set number of days. Exceeding your loss limit will lock you out of play until the time has elapsed. Used properly, loss limits are a great tool for helping you stick to your budget.
How can I control my play time with time limits?
If you’re concerned that you’re spending all your free time playing casino games, you can use Session Limits to log you out after a set time has elapsed. If you’d prefer not to take the hard approach, you can instead opt for a Reality Check for a periodic reminder of how long you’ve been playing.
What are time-outs, and how do I use them?
If you need to take a break, you can set a Time out for yourself, locking you out of your account completely for a day or a week. This can be useful if you realise you want to distance yourself a little and review your relationship with gambling.
What is self-excusion?
If you realise that you need a longer break from gambling, you can use the self-exclusion tool to restrict your access to your account for a set period of time, with choices ranging from 6 months to indefinite self-exclusion.
What is financial counselling?
Financial counselling is a service that provides financial advice and support to people who are or may be at risk of gambling addiction.
Do I need to read the terms and conditions?
The terms and conditions on a casino website specify game content, deposit and withdrawal limits, bonus conditions, and conflict resolution procedures. Knowing this can help you prevent problems before they happen. You should always read the general terms and conditions and promotional terms and conditions before you play.
What is a transaction history?
This is simply a record of all deposits, withdrawals, bets, wins and losses made at that online casino. Your transaction history is usually found in your account settings, and you should make a habit of checking it from time to time to get an empirical view of your gambling behaviour.
What do I need to know before I start gambling?
Whichever site you use, you should get to know its self-regulation tools and how to use them. And if there are none, consider avoiding that casino. Knowledge of responsible gambling can help reduce the risk of gambling addiction. It’s also important to understand the financial risks associated with gambling before you start playing.
Summary
At Yuugado, we are proud of our record of promoting responsible gambling awareness and believe the tools we offer can be a great help in protecting yourself against the risks of gambling addiction. To ensure a healthy online casino experience, we encourage you to use our self-regulation tools.