It is quite obvious that we like to gamble. With casino cruise ships that leave U.S. waters for hours at a time to allow their guest a night of poker, blackjack and slots to the classic casinos scattered throughout the country. Some people view gambling as a social aspect and some are just waiting for the next big win. The new variety of games will ensure you’ll find at least one you like to play or watch. Not to mention the friendly game of Texas Hold’Em you could find in your very own basement or garage.
Everything is a gamble, and that’s why we have insurance. We try to protect ourselves from high medical bills, and unforeseen circumstances. So why not try to protect ourselves from gambling debt. Although there isn’t a service quite like that, but there are precautions you can take to protect yourself and your assets.
One thing you can do is not participating in gambling games at all. However that may not be a ‘fun’ option for you. Assessing your financial situation and determining how much you can afford to lose is a great way to prevent gambling debt. Another tip is to leave your credit cards at home, set a maximum betting limit, and stick to that number. By having a predetermined account balance can help you keep track and acts as a safety net to prevent you from spending more money than you should. When you’re in a casino, and you start to win big, the casino will start to offer you free alcoholic beverages, know your tolerance. The casino doesn’t want you to win; they want you to make bad gambling decisions while drinking alcohol. So if you can still function be having one drink, by all means you’re there to have a great time, but know when to say no. This will save you from making bad judgment calls.
With these gambling debt prevention techniques, you can still have a great time, but make sure you are aware of your gambling debt problem. With the awareness you have of this debt, if you can still ’reax, then you should be able to get what you came there to have, and be sure you don’t spend more than you should on gambling.
Know your financial limits and staying within those. If you cannot afford to lose, than you should not be gambling. If you are trying to add money to your dilemma, than you should be looking at other options, lifestyle issues, or a desire to have more time for yourself and your family. With these being fact, you should be very careful you do not make the gambling decision an emotional decision, because that is the most#uge mistake that a gambler can make.