Responsible Gambling
Last Revision: Sep 21st, 2023
Understanding the value of individual well-being, we invite our players to review the following information attentively. Your well-being is paramount.
Interpretation
Words with initial capital letters are defined below. These terms will have the same meaning regardless of whether singular or plural.
Definitions
Account: Refers to a unique profile created by the user to access our Service or specific sections of our Service.
Company: Herein referred to as "Mooncake Bets," "We," "Us," or "Our."
Service: Refers to the gambling offerings.
Website: Refers to MooncakeBets.com
You: Refers to the user or entity using the Service.
The significance of responsible gambling in a decentralized environment
In the decentralized realm, the traditional checks and balances differ, meaning individuals possess greater autonomy over their actions. While this freedom brings numerous advantages, it also mandates users to exhibit heightened responsibility. Gambling on a decentralized platform requires conscious decisions and awareness of potential risks.
Features to support responsible gambling on Mooncake Bets
Self-exclusion options
To ensure our community’s health and safety, we offer a self-exclusion feature. Players can choose to voluntarily exclude themselves from our platform for a duration ranging from 6 months to 5 years. Once activated, self-exclusion remains binding and irreversible for the selected period.
Bet limits and cooling-off periods
To curb impulsive behavior users can set daily, weekly, or monthly bet limits on their accounts to curb impulsive behavior. If gambling behavior becomes erratic or excessive, the platform may enforce mandatory cooling-off periods, giving players time to reflect and recharge.
Education and awareness initiatives for players
Awareness is a player's most potent tool against potential gambling issues. To fortify our community:
Educational Resources: Mooncake Bets hosts an array of materials discussing the risks associated with gambling, preventive measures, and recognizing early signs of addiction. Access these resources on our platform.
Assessment Tools: Users suspecting they might be developing an unhealthy relationship with gambling can use our self-assessment tools, offering insights into their behaviors.
Guidelines for Responsible Gambling at Mooncake Bets:
Set deposit boundaries in alignment with your financial capacities. Play with amounts dedicated solely to entertainment. Play for enjoyment, not financial gain.
Set and adhere to time limits, ensuring a balanced engagement with gambling.
Abstain from gambling under extreme emotional states or the influence of any substances.
Frequent breaks can prevent fatigue and help maintain a clear perspective.
Stick to one account for a centralized view of your gambling activities.
Minor Protection:
Our platform is exclusively designed for individuals aged 18 and above. We urge players to protect their login credentials from unauthorized access by minors. Using internet filters can shield children from inappropriate web content. A list of recommended filters can be accessed on our platform.
Always remember that gambling should be a choice made with full awareness and responsibility. At Mooncake Bets, we're committed to safeguarding our community, ensuring the thrill of the game never overshadows individual well-being.
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