£2 Slots Betting Cap: Pros & Cons

Upon imposing the limitation on online betting sites and investment into slot games the United Kingdom Gambling Commission looked into the matter and came up with regulations such as proper licensing, responsible marketing, and imposing certain limitations on betting. In order to transform the scenario, the government is taking under consideration the capping of online slot bets to a maximum of 2 pounds where most of the casinos and online casinos in the United Kingdom allow between 100 pounds to 500 pounds maximum as wagering amounts. The reason behind such actions would be to provide protection to vulnerable gamblers playing under the compulsion of their habit. 

Steps to Prevent Gambling after GamStop 

To break out of addiction requires recognition and strong will as the foremost step to get over it. GamStop is the preliminary tool one should use in order to stand against the addiction issues but that will not be enough considering the plethora of fine functioning casinos both online and offline that offer excellent services to the customers without the surveillance of GamStop.  There are also punters that are getting around GamStop via NonStopCasino in order to continue playing at different casinos. These online casino sites are affiliated by offshore licensing jurisdictions and most of the time they function better than the sites registered to the United Kingdom Gambling Commission. Hence the more obstruction the better. There are certain steps one should follow in order to completely stay out of the addictive tendencies. 

• Nothing stands above a self-disciplined attitude once trying to get over a bad habit and hence the first step should include recognition and realization to adapt to prevention. 

• Joining a support group often helps and there are plenty of organizations in the UK providing the same support to problem gamblers and their close ones. Gamblers Anonymous is one such which is directed towards vulnerable gamblers providing them support by their 12 step approach to win over the issues. Online chat rooms are always open to having direct conversations during times of need. 
• Strengthening the support network often helps in overcoming bad habits. 
• There are other measures than just GamStop which are quite effective in reaching the goals. Softwares like Gamban, which on buying subscription secretly works in the background hindering the operators’ entry into any of gambling sites is quite effective since it is successful in banning offshore sites. 
• BetBlocker is another exclusion program for the UK punters which is quite strict in its policies as well as not restricted to a certain region making it way more powerful. 
• Netnanny and Betfilter are similar such excellent services to keep gamblers from going back to their old habits. It is up to the punters to choose according to their needs and choose many as possible since the more obstruction the better. 

Introduction to the £2 Slots Betting Cap  

As mentioned above, previously it was noticed that the punters were either going for very low stakes or opting for higher ones in order to win jackpot prizes. Certain UK politicians are doubtful about high stake online slots creating further problems for gamblers. Hence, they prefer keeping a fixed low rate of slot bet limit that would help in solving similar problems. This is how the two-pound slot bet capping concept was introduced. 

The pros 

• The offshore gambling sites will be successful in drawing a huge portion of punters all across the UK. 

• The high stakes gamblers without any leash over their activities will be positively affected by this limitation. 
• Politicians who proposed this term will always benefit from this rule being sanctioned. 
• The loss of resources from the punters that are at risk would be less due to the limitation. 
• Since the money invested would be low, the risk of losing it is going to be likewise. 

The cons 

• A huge part of the gambling community if turns to the offshore gambling sites their security will be in question as a huge part of these sites are unregulated and hence does more harm than good. 

• The excitement of gambling will diminish due to the low-risk low reward criterion. 
• These offshore sites come with a withdrawal process which is usually lagging and slow working.  

Conclusion 

The proposition has been sanctioned throughout the land-based casinos all over the UK and soon the online casinos will adapt to these rules. There are both pros and cons to it but it depends upon through which lenses one is viewing it.