1Win Responsible Gambling in India
1Win is focused on fostering responsible gambling across the site and community. The brand has managed to achieve the objective by empowering Indian players to understand tools for responsible gambling. Thus, 1Win remains dedicated to empowering people to make informed decisions regarding gambling.
Tips to Manage Your Gambling Activities Effectively
Proper management of gambling activities is essential for balancing leisure and maintaining financial well-being. Consider using the following tips to maintain control over your slot pastime and dedicate time to other leisure activities as well:
- Decide in advance how much money and time you are ready to dedicate to your session;
- Gamble only the money that you can afford to lose;
- Know your odds and accept the risks connected to the game;
- Use loss and bet limits for effective control over your activities.
Understanding the Odds
There are no general chances to win when you are gambling since the odds on some of the games are not always clearly known. However, numerous myths and misconceptions about this widespread pastime make the players believe casinos always win. The 1Win has two primary products: Casino and Sportsbook. Both of these products have their win rates and probabilities. To fully realize the probability and chances you should calculate the probability based on each game’s coefficients.
House Advantage/House Edge
Every game has a house edge, designed to ensure that a certain percentage of all bets returns to the house—in this case, 1Win.
Randomness
Gambling inherently involves randomness, meaning that the outcome of any casino game or sporting event cannot be controlled or predicted.
Independent Outcomes
Each game or spin operates independently, with outcomes that are not influenced by how much or how long a player has been engaged in the game.
Odds and Probability
Odds and probability express the likelihood of winning. While the odds may sometimes seem low, it’s crucial to remember that no outcome is guaranteed in betting.
1Win Responsible Gambling Limits
Various tools of responsible gaming mechanisms are provided by 1Win to let the users remain in power over their gaming activities. Set limits, track your gaming behavior patterns, and get assistance in case you need it. In such a way, the casino helps to prevent the potential risks of gaming.
Loss Limits
A loss limit is a handy tool that allows you to set a limit to the amount you can lose. The limit can be selected either for one day, one week, or one month. It is a net loss limit. Therefore, any profits earned over this set period will not be counted against your limit. In other words, profits made during this time can still be utilized in betting until you reach the limit. Moreover, any bets without results are also considered towards the limit. Thus, if you are unable to place a bet, you need to check if you have any bets placed by you, but still without an outcome.
Bet Limits
A betting limit, also known as a betting limit, lets you decide how much you want to bet over a specific period, whether it’s a day, a week, or a month. This limit isn’t affected by any profits you make, so even if you’re winning, your maximum bet limit stays the same.
If you want to change your limits, you’ll need to remove the existing ones and set up new ones. Once you remove a limit, there’s a 24-hour waiting period before you can set a new one.
Self-Exclusion on 1Win India
A self-exclusion tool allows you to temporarily suspend all access to your account if you’re concerned about developing a gambling problem or think you might already have one. You can choose from the following periods for self-exclusion:
- 6 months;
- 1 year;
- Indefinite.
If you choose to set an indefinite exclusion, your account(s) will stay blocked until you request to lift the exclusion. This type of exclusion has a minimum duration of 6 months from the date it starts. After those 6 months, you can request to reactivate your account, but it will require a formal review. To start the review process, contact the 1Win support team via email.
You Have the Option of a Temporary Exclusion
1Win also offers you different options to pause your account temporarily, it is called temporary exclusion. Whether you want to simply take a break from gambling to think carefully about your personal goals, start saving some money, or spend more time on other things, the option is given to you. The periods are as follows:
- 1 day;
- 1 week;
- 1 months;
- 3 months.
Note the 1Win retains the option to self-exclude your account as the casino might determine that gambling is not safe for you to continue.
Self-Assessment
While gambling is a pleasant pastime for most, providing much excitement and some risk, for others, it may become more than that – a problem affecting all spheres of their lives. Therefore, the first step in dealing with it is determining the issue.
Taking this test, you can evaluate your gambling behavior, see whether there is a problem, and decide on a way to address it. To make the assessment, you need to be quite honest with yourself. If you answered “yes” to 3 or more questions, it is advisable to seek help:
- Do you find yourself gambling more often than you intended to?
- Have you ever felt a strong urge to gamble even when you knew you couldn’t afford it?
- Do you feel anxious or restless when you are not gambling?
- Have you lied to family or friends about the extent of your gambling activities?
- Do you often gamble to escape from problems or to relieve feelings of anxiety or depression?
- Have you tried to cut down or stop gambling but found that you were unsuccessful?
- Do you spend more time gambling than you originally planned, even if it impacts other responsibilities?
- Have you borrowed money or used credit to fund your gambling habit?
- Do you often think about gambling or plan your next gambling activity even when you are doing other things?
- Have you experienced problems in relationships, work, or other areas of your life because of your gambling?
Minors
1Win is committed to preventing underage gambling, which is illegal. If you’re under 18, you are not allowed to create an account, and any winnings will be forfeited if you’re found to be underage.
For parents:
- Always supervise your computer when casino software is running;
- Set a password for your casino account;
- Ensure minors don’t engage in any gambling activities;
- Keep your casino account details and payment cards secure and out of children’s reach;
- Avoid saving passwords on your computer;
- Monitor and limit your children’s online activity, and use software to block access to inappropriate content.
FAQ
How can I tell if I have a gambling problem?
Rising the sum of time and money spent gambling is a common sign of having a gambling problem. Сauses various personal and social problems such as breaking down relationships and family life, financial troubles (putting oneself in debt to sustain gambling), etc. Feeling restless or anxious when not gambling and lying to others to cover up the extent of one’s gambling might be the indication of a problem.
Can gambling addiction be treated?
Yes, gambling addiction can be treated. Some of the treatment options include counseling, therapy like cognitive-behavioral therapy, support groups, and, in some cases, medications. However, the essential part is to want to treat it and start the treatment process.
Is it possible to recover from gambling addiction?
Yes, many people successfully recover from gambling addiction with the right support and treatment. Recovery often involves addressing underlying issues, developing coping strategies, and making lifestyle changes.
How can I set limits on my gambling activities?
You can set limits by determining a budget for how much money and time you can afford to spend on gambling and sticking to it. Many gambling platforms also offer features to set deposit, loss, and time limits.
Are there organizations that help people with gambling addiction?
Yes, there are numerous organizations dedicated to helping individuals with gambling problems, such as Gamblers Anonymous, the National Council on Problem Gambling, and GamCare.