If you’re into sports betting, you know how versatile this market can be. Land-based betting, betting apps, sports websites – all this is available for fans. You’ve definitely come across sites for betting without any limits as well. But what are they, in essence? See what hides behind such sites and why you better be careful.
How No-Limit Betting Works
What is no-limit betting? In fact, there are two definitions:
- Sites with no deposit limits. You’ve surely seen sites that require you to deposit at least $20 to bet. Not the best offer, isn’t it? A lot of sites understand that most bettors prefer small stakes. Consequently, they offer no deposit limitations – you can even fund $1 to make a bet. By the way, don’t forget to check the withdrawal limits as well. Sometimes, it is way higher, making it unreal to withdraw.
- Sites with no bet limits. And here is the offer for high rollers. Most commonly, no-limit betting means betting with no maximum cap. While some bookmakers have a limit (for example, $1,000 per bet), those platforms allow you to place almost any stake.
About the Psychological Impact: Bet You Didn’t Know That
But let’s think about it soberly. How many people in the world make sports bets over $1,000 or more? Do you really need a no-limit betting platform? Sure, it is a rare occasion. For example, in the UK, only 420,000 people spend more than £2,000 each year. And it’s not even a single bet – these are annual losses. And yet, no-limit bookmakers stay extremely popular. Isn’t it suspicious?
The secret lies in psychology. No-limit betting serves as a sign of freedom for a bettor. For people who seek fun and independence from their routines, betting with no official limitation is especially tempting. You don’t need to bet a lot – you need this feeling of freedom. And that’s how no-limit sites appear the most addictive and often lead to irresponsible gambling problems.
How to Control Yourself: Top Rules of Responsible Gambling
Now that you know the source of the problem let’s see how you can manage it. No-limit betting itself is not a problem. That’s all about the way you treat it and control your behaviour.
Treat Gambling As a Paid Entertainment
When you go to a cinema, you don’t expect workers to return money for your ticket. Or you don’t go on a vacation to earn. You treat those things as paid entertainment. It means that you spend money to have fun.
A lot of gamblers recommend treating gambling the same way. You watch the sports event, support your favourite team, and bet a little sum to feel some more thrill. It is a way to try new emotions – and, if you are lucky, to win a little. See, the thing lies in terms of priority. Choose to gamble to have fun and be ready to pay for it. Sure, you can win real money, especially when betting responsibly and using strategies. But that should be a bonus, not the main goal for you.
Use External Tools
Do you feel weak because of irresponsible spending? Well, most gamblers find it hard to spend less. Seeking help is okay, and seasoned bettors always choose special technologies to control themselves. Try the following things:
- Set the deposit or a bet limit in a casino. Yes, even a no-limit betting platform allows you to set such limits. It is a part of the legislature, and any licensed platform should have such an option.
- Set reminders to stop. Each time you bet, make “reality checks” to stop and think if you really need this.
- Self-exclude or freeze your account. If you feel like betting becomes a problem, you better take a long pause. Betting platforms allow you to freeze a profile for a month or even a year. Sure, you still can register on other platforms, but it is more complicated, and, as a result, you are less likely to do it.
By the way, these rules form another piece of advice – use only licensed and officially registered platforms. Independent betting websites don’t offer responsible gambling features, making their users spend more and more. Care about your safety in the future.
Try Alternative Betting
Dedication to betting often comes from a lack of emotions. If you have a lively and adventurous personality, routine often seems too plain and even depressing. Bets on football and searching for its predictions typically become a solution for such a situation, offering bright emotions and thrill. So, dive deeper into it and decide whether you can solve the problem differently. Some ex-bettors advise implementing more emotions in your life:
- For example, try extreme sports like diving or parachute jumping. Also, use different types of betting – for example, make bets with your friends, using daily situations like restaurant bills or a free drink.
Finally, don’t be ashamed of asking for help. Betting is always a tempting thing to win some cash and get emotions, yet it is addictive. Almost any country has its own responsible betting program (for example, GamStop in the UK). If you feel any signs of irresponsible behaviour, address these organisations and seek support. Moreover, it is confidential, so no one will discover about the issue.
