CasinoStake Smart
Mission Statement
CasinoStake is committed to promoting responsible gambling practices to all users on our platform and within our community. We strive to ensure that our customers are informed about the various responsible gambling tools available, promote gambling as a form of entertainment, and empower individuals to make informed decisions about their gambling activities.
5 Tips for Managing Your Gambling Activities Effectively
- Balance Your Activities: Prioritize other recreational activities alongside gambling to maintain a healthy lifestyle.
- Set a Plan: Before starting a gambling session, decide how much you want to spend and how long you plan to play.
- Gamble Responsibly: Only spend what you can afford to lose without impacting your financial well-being.
- Understand the Risks: Learn about the odds and the risks associated with gambling to make informed decisions.
- Recognize the Signs: Stop gambling if it ceases to be enjoyable or starts becoming a problem for you.
Understanding the Odds
There are many myths and misconceptions about gambling. Understanding the odds helps put your chances of winning into perspective. CasinoStake offers two main products: Casino and Sportsbook. Each product has different win rates and probabilities that players should understand to assess the risks associated with gambling.
House Advantage/House Edge
Games have a house edge to ensure a percentage of the total amount wagered is returned to the House, which in this case is CasinoStake.
Randomness
All gambling involves an element of randomness—there is no way to control the outcome of any casino game or sporting event.
Independent Outcomes
Each game or spin is independent of others. Their outcomes are not influenced by previous plays or the length of time you’ve been playing.
Odds and Probability
Odds and probability describe your chances of winning. While odds may seem low, there are no certainties in betting.
Introducing Our Responsible Gambling Tools
Gambling should always be fun. To help you maintain this perspective, CasinoStake offers a range of responsible gambling tools that you can use at any time.
Play for fun, not for funds.
Gambling Limits
Loss Limit: Set a limit on how much you can afford to lose over a set period—daily, weekly, or monthly. This limit applies to net losses, excluding any profits made during the period. If you reach your loss limit, any unsettled bets may be contributing to it.
Wager Limit: Set a limit on how much you can wager over a set period—daily, weekly, or monthly. Unlike loss limits, this is not a net limit, meaning profits do not count toward it.
To adjust your limits, you must remove existing ones and create new limits. After removing limits, a 24-hour cooling-off period will apply before you can set new ones.
Self-Exclusion
Self-exclusion allows you to suspend access to your account if you feel at risk of developing a gambling problem or believe you currently have one.
Available periods for self-exclusion are:
- 6 Months
- 1 Year
- Indefinite
For indefinite exclusions, your account will remain blocked until you actively request to revoke the exclusion, with a minimum exclusion period of 6 months. After this period, your account may be considered for reactivation, subject to a formal review.
To initiate the review process, please contact our support team via email.
Temporary Exclusion
CasinoStake also offers temporary exclusion options if you wish to take a break from gambling to reassess your goals, save money, or focus on other activities.
Available periods for temporary exclusion are:
- 1 Day
- 1 Week
- 1 Month
- 3 Months
Note: CasinoStake reserves the right to self-exclude a customer’s account if we determine that continuing to gamble may not be safe for you.
Steps to Apply for Temporary or Self-Exclusion
- Your account will enter a 24-hour cooling-off period upon initial application.
- After the cooling-off period, you will be presented with applicable timeframes.
- If no self-exclusion period is selected, your account will automatically reopen.
- No activity will be permitted once the exclusion is applied.
- It will not be possible to reactivate your account until the chosen time period has lapsed.
- For defined self-exclusion, your account will automatically reactivate once the period has lapsed.
- For indefinite self-exclusion, a minimum of 6 months must pass before your account can be considered for review.
Help Organizations
If you are concerned about your gambling habits or those of someone you know, several external support agencies can provide advice:
- Gamblers Anonymous: https://gamblersanonymous.org/ga/
- Gambling Therapy: https://www.gamblingtherapy.org/
- Contact: [email protected]
- The National Council on Problem Gambling: Offers resources, a self-assessment, and the National Problem Gambling Helpline (1-800-GAMBLER).
- Tel: +18004262537
- Chat: https://www.ncpgambling.org/help-treatment/chat/
- Gamtalk: Provides information on helplines, treatment, and resources worldwide.
Protecting Minors
CasinoStake.in does not support underage gambling, which is illegal for anyone under 18. No winnings will be paid to minors.
Tips for Parents:
- Do not leave your computer unattended while casino software is running.
- Password-protect your casino programs.
- Do not allow minors to engage in gambling activities.
- Keep your casino account number and payment cards out of reach of minors.
- Do not save passwords on your computer.
- Limit your children’s online time and use software to block access to inappropriate material.
Gambling Blocks
Gambling site blocker apps can help restrict access to gambling websites to protect yourself or minors:
- Betblocker: https://www.betblocker.org/
- Netnanny: Offers website and app blocks with parental controls.
- Website: https://www.netnanny.com/
- Gamblock: A mobile app that blocks access to gambling websites.
- Website: http://www.gamblock.com/
Note: CasinoStake does not accept any liability for third-party software.
Responsible Gambling FAQs
- Is problem gambling just a financial problem?
- No, problem gambling is a behavioral addiction with financial and other consequences. Paying off debts doesn’t solve the underlying issue.
- Does gambling frequently mean you have a problem?
- It’s not about how often you gamble, but whether gambling causes emotional, physical, financial, or relational challenges.
- How much money do you have to lose for gambling to be a problem?
- Problem gambling is not defined by the amount lost but by its impact on relationships, work, and overall well-being.
- Who is at risk for problem gambling?
- Problem gambling can affect anyone, regardless of economic, social, cultural, or educational background.
- How can I protect myself from problem gambling?
- Educate yourself about gambling risks, view gambling as entertainment, and use responsible gambling tools.
- What are responsible gambling interactions?
- These are communications aimed at promoting healthy gambling, providing information about limits, and offering support resources.
- How can I self-exclude my account?
- Follow the steps in the self-exclusion section on our platform.
Recognizing the Signs of Gambling Dependency
It’s often easier to see problem gambling in others than in ourselves. Gambling dependency, or gambling addiction, can have serious impacts on various aspects of life. Recognizing the signs is crucial for addressing the issue before it escalates.
Is Gambling Affecting My Mental Health?
- Extreme emotions or mood swings
- Feeling that gambling is the only enjoyable activity
- Difficulty sleeping
- Feelings of depression or anxiety
- Suicidal thoughts
- Gambling to avoid difficulties
Is Gambling Affecting My Relationships?
- Increased arguments with family, especially about money
- Preoccupation with gambling
- Spending less time with loved ones and more time gambling
- Hiding the truth about losses
- Stealing money to gamble
Is Gambling Affecting My Finances?
- Struggling to pay bills
- Juggling credit card debt
- Taking out payday loans
- Using business funds to gamble
- Spending savings on gambling
- Hiding financial issues from others
Self-Assessment
Gambling can be enjoyable, but it can also develop into a problem. This self-assessment tool helps you reflect on your gambling behavior and determine if it’s causing issues in your life. Be honest in your answers to gain a clear understanding.
Do you have a gambling problem? Ask yourself:
- Do you spend a lot of time thinking about gambling?
- Do you need to gamble with increasing amounts to feel the same excitement?
- Do you feel restless or irritable when trying to cut down or stop gambling?
- Have you unsuccessfully tried to control or stop gambling?
- Do you gamble to escape personal problems or uncomfortable feelings?
- Do you often return to gamble after losing money?
- Have you lied about your gambling or losses?
- Have you written bad checks or taken money from others to gamble?
- Has gambling caused serious problems in your relationships?
- Have you needed to borrow money to cover gambling-related debts?
If you answered yes to one or more of these questions, consider seeking help.
CasinoStake is committed to responsible gambling. For more information, visit https://www.gamblingtherapy.org.
