Tools at online casinos that help you keep track of your expenses
Online gambling has become very popular in Sweden, but it is important to play responsibly. Swedish online casinos now offer various tools that help players keep track of their spending. Below, we present the most effective online tools that ensure that you do not play for more than your personal finances can handle.
Deposit limits
According to the Swedish gambling law from 2019, every Swedish-licensed online casino must offer deposit limits to its players. As the name reveals, the purpose of this tool is to set clear limits on the player's deposits. As a player, you can set a suitable deposit limit yourself and when it is reached, you cannot bet more money during a specific period of time.
The new Swedish law emphasizes the importance of moderate and responsible gambling. The law was extended in 2021 and the players' deposits are now limited to a maximum of SEK 5,000 a week at gambling sites with a Swedish license. This great focus on moderate gambling also led to the Swedish government deciding that bonuses at Swedish gambling sites may not exceed 100 kroner. The thinking is namely that larger bonuses tend to lead to continued larger deposits from the players. Best condition for playing you find at https://utlandskacasino.net/bitcoin-casino/
Time and login limit
The more time you play casino games, the larger the amount you tend to play for. Serious Swedish gaming sites therefore offer the time and login limit function. This tool helps the player limit his time in the casino to specific times. The time interval for playing can of course be adapted to each player's specific schedule.
The important thing is that casino gambling becomes an activity that is only practiced during specifically defined parts of the day so that it does not begin to dominate one's life. By managing the time for gambling, this effective tool also contributes to the individual in question getting a better structure in their private life.
Loss limit
All casino players occasionally experience bad days with frustrating losses and where the margins are conspicuous by their absence. The loss limit tool protects the player by reducing the risk of spending continuing to increase uncontrollably at online casinos. As a player, you can limit your potential losses by setting your own loss limits. This means in practice that when a specifically specified loss is reached, the player cannot bet any more amounts during the remainder of the specified time interval.
Game break
All Swedish gaming sites must now be able to offer game breaks to their players. As the name reveals, the player can use this tool to take a break from the game. This may be relevant during periods when the player has experienced large losses and feels that he or she has started to develop unhealthy gambling patterns such as excessive gambling. The player chooses himself how long the game break should be and can choose between 1,3, 6 or 12 months.
The function is linked to a central register. When your name is registered, you can no longer play at Swedish online casinos during the specified time period. Regardless of what the player chooses, it is therefore important that he or she is aware that it is not possible to change the length of the break period once it has been specified. If the other tools can be compared to the player slowing down, then this tool is thus used when there is to be a cross stop for the individual's playing.
Never gamble beyond your means
Common sense is a tool that every player should apply in all circumstances. The golden rule in gambling is to never play for more than the player can afford to lose. It is therefore very important that you as a player set a specific casino budget and make sure you never exceed it. By playing responsibly and staying within reasonable limits, you ensure that gambling remains an entertaining hobby and not an activity that potentially threatens one's personal finances.
Never play when you feel bad or angry
Most Swedes know that you should not drive if you are unwell, tired or under the influence of alcohol. The same applies to gambling. If you feel bad, are angry or under the influence of alcohol , you tend to think and act irrationally. In the worst case, this can lead to unpleasant financial losses that can be easily avoided by not playing when you are not yourself.
Accept losses
It is a common mistake of inexperienced players to chase losses by betting even bigger amounts, which can result in even bigger financial losses. It can easily develop into a vicious circle and the best thing to do is to accept the given losses without being tempted to try to win back this money. Casino gambling should be considered an entertaining hobby and not an unrealistic source of income.
Conclusion
A strong focus on responsible gambling in Sweden has resulted in Swedish casinos now offering various tools that help the player keep track of their expenses and minimize the risk of gambling abuse. These tools include deposit limit, loss limit, time limit and game pause. It is also important that you as a player do not chase losses and never play for more than you can afford to lose.