Managing Your Gambling

Managing your gambling

It is important to know you understand what you are spending your money on.

To help you do this you should think of gambling as entertainment and set yourself some boundaries.

For example:

• How much are you willing to spend on it?

• How much time are you willing play for?

• Do you know how the game works and what the odds are? (click here for more info) 

• Don’t chase your losses

• Take breaks

• Are you aware of the difference between games of chance and games of skill?

Games of Chance v Games of Skill

A game of chance is completely random and no amount of thinking, planning or strategizing will have an impact on the outcome. Your choices don’t influence your likelihood of winning. 

A game of skill can be affected by learning more about the game or by developing skills as a player, this will improve your chances of winning. This is because players must make decisions that can affect the outcome of the game. 

Games of Chance                                                                  

• The lottery                                                   

• Slot machines

• Baccarat

• Roulette

• Craps

Games of Skill

• Blackjack

• Fortune Pai Gow Poker

• Poker