A Guide for Football Index Newbies: 5 Tips for Responsible Gaming

Many people start Football Index trading to fill up their free time or to make a profit from this fast-growing hobby. However, it’s important for those who are new to the scene to build a solid foundation of what it means to be a responsible gamer.

If you’re new to Football Index or are still considering opening up an account, make sure to read through the 5 tips below that will help you mitigate risks and achieve balance in your life as a bettor.

1. Be Objective in Your Trading Decisions

Too many times, Football Index traders fall in love with the players or teams they’re betting on. Or it can be the other way around. They can be die-hard fans of certain players, which can have a negative influence on their betting decisions.

If your favourite players are not doing so hot on the market for a particular football season, it may not make much sense to bet on them just hoping for a miracle. Learn how to draw the line between being a fan and being a bettor.

2. Don’t Put in More Than You Can Afford to Lose

When you place a bet on anything in the Football Index, know that there’s a very real possibility that you’ll lose your money. This is despite the fact that only 2% of gamers say they tend to lose money on the Football Index platform compared to 74% who say they tend to lose money in traditional gaming.

If you’re not prepared to lose a lot of money, then keep your betting in small yet manageable amounts. Alternatively, consider not betting at all, especially if you need that money for something important. Also, be strategic in how you play Football Index. For instance, did you know that when signing up to Football Index you can receive an instant £20 credit if you bet £40 on player shares, all by using an exclusive Football Index referral code.

Our advice is for you to adopt the mindset where instead of constantly putting in more money, you make every pound count so you don’t end up complacent about losses in the market.

3. Stay in Control by Setting Limits

No matter how much you love betting, make sure not to build your life around the Football Index. Be in control of exactly how much money and time you put into gaming.

Set goals for the day, even if it’s something small such as betting and studying the market for an hour or two. Otherwise, you’ll end up losing large chunks of your time getting lost in the game.

And most importantly, know when it’s time to walk away from betting so you can take care of your other priorities and responsibilities in life.

If you’re having trouble managing your spending and time while betting, you can find online tools that can help you. Even on  the Football Index website itself, there are four tools that can come in handy if you feel like you’re falling deep into the rabbit hole. Here’s a short background on each of them:

Time Out

The Time Out feature lets you take a break by preventing access to your account for 24 hours, 24 7 days, or 30 days. If you activate Time Out, have in mind that there won’t be a way to access your account until after the duration ends.

Ideal for: People who want a short break from Football Index betting.

Reality Check

You can keep track of your time on Football Index using the Reality Check alert. You can set the alert under Your Account and by clicking on Responsible Gaming.

Ideal for: Betters who want to take control of the time they spend gaming.

Deposit Limits

You can also set a limit on how much money you can deposit to your account. This amount will apply for every 24 hours, 7 days, or 30 days. Note that you can always decrease your deposit limit. Never increase your limit if you are just planning to win back money you’ve already lost by betting more. Again, always be prepared to lose whatever amount you put in the Index.

Ideal for: People who want to avoid overspending on Football Index and manage their finances better.

Self Exclusion

Sometimes, you just need to get away from the Football Index for more than a couple of weeks. Self Exclusion can make your account inaccessible from 6 months up to 5 years. Once the period ends, your account will be reactivated and you can resume betting.

Ideal for: Traders who are worried about developing an addiction and require a longer break from betting on the Football Index market.

4. Don’t Bet When You’re Not At Your Best

Drinking alcohol, as we all know, impairs our ability to be analytical in our decision-making, and being under its influence—or any other substance, for that matter—can often lead to bad trades. As such,  avoid Football Index trading as much as possible until you’re completely sober.

Likewise, don’t bet if you’re depressed, upset, or have a lot of worries on your mind. Your thinking needs to be clear so you can achieve the main goal of Football Index trading, which is to make a profit while having fun.

5. Remain Social and Make Time for Other Activities

Responsible gaming is about knowing how to create a balance in your life, so don’t forget to indulge in other leisure activities and connect with family and friends.

There are several other healthy activities you can do so you’re not tempted to just bet during your spare time such as:

1. Hitting the gym
2. Joining a book club
3. Reading the news
4. Visiting the local park
5. Attending a personal development seminar
6. Learning to play the guitar or other instrument
7. Playing sports or engaging in outdoor activities

Takeaway

To get the best experience in Football Index trading, you’ll need to have a clear idea of why you’re in it. Seasoned traders suggest to simply have fun with it while creating your own effective strategies to profit in the market.

As long as you balance out your gaming with other important aspects of your life, you can trade as much as you want without incurring serious losses or problems with your mental, emotional, and financial well-being.

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