online gambling

Top Five Responsible Online Gaming Tools

The size of the global online gambling and betting industry amounted to 61.5 billion dollars in 2021, and has been forecast to increase by 86% by 2028. At the same time, a total of 16.4% of Internet gamblers were classified as either moderate or problem gamblers.  But when the casino is on your phone or in your home, it’s hard to take a break from the action, and it’s easy to lose track of time and money. 

However, the onus shouldn’t be only on the player to walk away from the game. 

Responsible Online Gaming

Responsible gaming programs are an essential part of business practices in the U.S. gaming industry.  As a condition of licensing, states may mandate both land-based and online gaming operators submit for approval a plan for addressing responsible gaming issues.

How are online operators encouraging responsible gaming? They’re offering a set of tools and safeguards built into the gambling software.  

Here are five of the most popular responsible gaming tools. And while any one tactic on its own may not be effective, using a combination of these tools can help gamblers keep the amount of time and money spent logged on to online gaming sites reasonable rather than problematic.

  1. Deposit limits: Setting deposit limits either internally, or having players set them externally, limits the amount of money deposited on a site on a daily, weekly, or monthly basis. This tool can be extremely valuable due to the fact that problem gamblers are physically not allowed to spend more than a certain amount of money per set period of time. 
  1. Time limits: Time limits control the amount of time a gambler can spend on a site. Again, this is a useful tool because it forces those with less impulse control to log off after a certain period of time instead of spending more time and money.
  1. Loss limits: Once a player loses a certain amount of money, they will be logged out of the site and unable to log back on for a predetermined amount of time. This is especially useful for those that like to go double or nothing to win back their lost money. Once they’ve lost a certain amount, they will be forcibly removed from the platform.
  1. Time outs: Time outs can be set to enforce a certain amount of time away from the tables after a particular threshold has been reached, such as losing a hand.  This is a useful tactic for those with a short temper or impulsive nature. By forcing a time out, it allows the player to take a step back, cool off, and assess the situation before proceeding.
  1. Universal Self-Exclusion Lists: Self-exclusion lists allow a person to request to be excluded from legalized gaming activities. Individuals who enroll in self-exclusion are prohibited from collecting any winnings, recovering any losses, or accepting anything of value from a gambling operator. 

Additionally, licensees are discouraged from targeting the self-excluded individual with any marketing messages. Though self-exclusion lists are not legally binding and enforcement is uneven in states that allow online gambling, an operator may expel a player if they are found gambling in violation of the self-exclusion program. 

There are remote identity verification solutions available that can help online gaming operators stay in compliance by ensuring that those on self-exclusion lists are barred from gambling on their sites. For more information, contact IDScan.net to discuss a solution tailor made for the gaming industry.

SHARE YOUR CART