Today’s iGaming realm is expanding at an unprecedented rate, considering the technological advancements that are prevalent in the digital age. With the vast rise of this industry comes an increased risk of problem gambling, especially to the more vulnerable demographic that comprises mainly youth gamers. With the increased risk to punters, platforms like Vulkanbet casino are pioneering a new approach to responsible gaming practices. This entails introducing time-limited wagering accounts. While we’ll get into the nitty-gritty of this process, a brief rundown of this method you should know is that it entails the implementation of expiration dates on specific gambling accounts. The ultimate aim of this process is to help players maintain control over their betting habits and ultimately reduce the level of addiction.
Gambling Addiction in the Digital Era
The digital era has thrown the subject of gambling addiction to a whole new level. The problem has been spurred by just how accessible online casino platforms are in this day and age. As opposed to the pre-digital era, where punters would have to move to a brick-and-mortar establishment, players can access wagering services pretty much from anywhere nowadays. They can do so from the comfort of their homes or when they’re on the move. While developers might not have advanced tech with ulterior motives, unfortunately, problem betting is an unprecedented effect of this advancement.
Unlike brick-and-mortar local establishments where punters may be constrained by travel or time limitations, iGaming platforms are available on a 24/7 basis and won’t require you to travel to access your favorite gaming titles. The unlimited access aspect of iGaming is where the lines on enjoyability and addiction may come in. It should be noted that the lines being blurred are really thin, which is why specific features like introducing expiry-based gambling platforms are necessary.
How Expiry-Based Gambling Accounts Work
The premise of this concept is that punters are allowed to create accounts that will automatically expire after a specific time frame. The period of expiry may be determined by the player based on their level of control and where they feel they are with problem gambling. At the end of the day, even with regulators and operators introducing all the methods to protect punters, it is up to the players to take the lead in ensuring that they don’t get addicted to the practice. It is also on the gamblers to ensure once they feel they have a problem, they take the first step towards recovery. That may entail seeking help.
Back to our problem gambling control method, the timing of the gaming account may vary. The expiration period may be after a week, a month, or even after a quarter of a year. Once that period has been selected by the player, the account will automatically expire after the stated period. Once that period has expired, punters will be required to go through a cooldown process where they will be unable to access online gaming services. To get back to betting, players will be required to answer questions that will inform the iGaming platform’s next actions. This is a sort of test to determine whether the punter is still at risk of problem gaming activity.
Perks of Expiry-Based Gambling Accounts
There are a lot of benefits that players will derive from this entire process. If you’re a player looking to benefit from this process, here are the potential perks you stand to gain:
- Providing immediate control over one’s gambling: As we’ve just stated, the first step towards wanting to recover from problem wagering has to come from the player. When the player drives this process, they will be accountable to themselves an aspect that has proven to yield meaningful results over the long haul.
- Reduces impulsive playing: One of the biggest reasons why punters are always at risk of getting addicted to this practice is its over-availability, which many times may lead to problem gambling. With this new system, impulse action-taking will be greatly limited.
- Helps enforce self-control: Self-control is the ultimate test for players looking not to get addicted to online gaming. With this method, punters are somehow forced to practice self-control helping them veer away from making impulsive decisions that may later prove to be a problem to them.
Prospective Loopholes
While this problem-gambling control method is a pretty good construct, there may be some loopholes that punters may face in trying to implement it.
Some players may find ways to circumvent this system, for example, by creating multiple gaming accounts on different platforms, which will eventually end up being counterproductive from an addiction perspective. This system also depends on the player’s willingness to set a reasonable time limit, which may not always be the case.
Outlook for the Future
In the ultimate battle against addiction in online gaming, the emergence of time-limited gambling accounts is a welcome addition to the already existing arsenal. To effectively combat this problem, we’ll need all hands on deck, especially on the tech front. As this feature becomes the norm in many platforms, we may eventually see it become the standard across the industry, especially if the regulators warm up to it.
