Don’t Lose Sight Of Responsible Gambling For The Cheltenham Festival

Cheltenham Festival - Thursday

The Cheltenham Festival is perhaps the biggest betting week of the year, with four of the best days of horse racing action in the National Hunt sphere. With twenty-eight races, it’s very easy to lose sight of what’s important, and that’s gambling responsibly.

Here at myracing, we’re strong advocates of gambling responsibly and all its principles. The importance of keeping gambling fun, responsible and in your budget should be remembered at all times during Cheltenham week.

Don’t Gamble Beyond Your Means

The Cheltenham Festival runs over four days and there are twenty-eight races in total. That’s a lot of racing, and it’s crucial that you set yourself a budget, for either each day of the entire week. Gambling is a form of entertainment, after all, and once the budget you’ve set out is gone, you should never stray beyond it.

This can lead to some serious consequences. If you’ve had a losing day and your budget is gone early, it can be tempting to chase your losses, with the thoughts of recouping the funds you’ve lost already with money you need for other means. Chasing losses is the worst thing you can do because before you know it, the money you need to pay a bill, is gone.

No matter what happens during the Festival, remember, you don’t need to bet on every single race and if your budget is gone, that’s the day’s gambling over.

Only Gamble With A Clear Head

Trying to make rational and clear decisions while emotional is extremely difficult, and can lead you to make choices you wouldn’t usually make. Gambling should only be undertaken with a clear and level head, to prevent you from making irrational decisions that can have a detrimental effect on your life.

Keep It Fun

The Cheltenham Festival for many racing fans is the crown jewel of their year. Plenty attends all four days of the illustrious meeting and it provides some incredible entertainment, both on and off the track.

At the end of the day, that is what Cheltenham is all about, four days of incredible sporting action to be enjoyed and savored. If you’re gambling throughout the week, struggling for winners, and find yourself continuing to gamble out of pure frustration, it’s time to take a break.

How Do I Seek Help For My Gambling?

If you’re starting to think that your gambling is starting to be detrimental and has turned into a problem, it’s crucial to receive help and guidance. There are so many organisations that will be able to give you advice and help guide you in the right direction and they’re listed below –

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