Three ways to avoid overspending when gambling online

is online gambling safeGambling online is an exciting pastime, but it can also be an expensive one. It’s easy to keep track of how much you’re spending if you visit a physical casino; after all, you need to visit a cash-point and withdraw the money physically! If you gamble on the internet, however, you may find it harder to keep an eye on your expenditure. We at NetBet want to make sure your gambling experience is fun and healthy, and doesn’t tempt you to overspend. So we’ve compiled a few simple tips for keeping track of your money when you’re gambling online.

1. Use fixed amounts

If you’re on a budget, the simplest way to keep track of your spending is to only transfer a fixed amount of money to your online casino accounts per week or month. Work out how much you can afford to spare for gambling online and simply don’t add any more than that to your online casino accounts! Of course, this method won’t suit everybody; if you gamble some weeks but not others, for example, it may not be for you. However, if you indulge in your online gambling hobby regularly, you’ll find that this is the easiest way to keep track of it.

2. Keep a physical record

If using weekly or monthly fixed amounts doesn’t suit you, you can always keep a physical record of your gambling expenses. It’s worth investing in a notebook or pad where you can write down how much you’ve spent, how much you’ve won, and how much of your budget is left. It’s often easier to keep track of figures if you make an effort to write them down than if you simply try to remember what you’ve spent or rely on computerised records or bank statements.

3. Consider a separate bank account

If you can afford to spend a significant amount of money on gambling online, it may be worth opening a separate current account for your gambling money and your winnings. That way, your gambling hobby won’t affect your main budget and you’re far less likely to overspend.
Online gambling should be fun and harmless. Help keep it that way by following our tips to avoid overspending!

I'm Jordan Gate, the editor at Connect with me to stay up-to-date with what's going on in the gambling industry.