Responsible approach - why it is important for online gambling

Gambling is a form of entertainment that should be enjoyable and not harmful to your psychological health and finances. In order for gambling on the Betswap platform to truly bring you only positive emotions, it is important to play responsibly and wisely.
Responsible gambling is an approach to gambling that encourages players to make informed decisions, control their finances and not let excitement override rational decisions. This approach helps to prevent gambling addiction, preserve finances and mental health, and ensure a positive gaming experience. The Betswap platform strives to create a safe and fair gaming environment where every user can control their gambling habits and have fun without risk to themselves and their loved ones.
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Basic principles of responsible gambling on Betswap
To ensure that gambling remains a safe activity, Betswap recommends its users adhere to the following basic principles of responsible gambling:
- Play for fun, not to make money. Consider the money spent on the game as the cost of entertainment, and winnings – as a pleasant bonus. Never consider winnings from gambling entertainment as your source of main income.
- Set monetary limits and strictly adhere to them. Decide in advance how much you are willing to spend on the game, and do not exceed this amount, even if you lose.
- Determine the time limits for the game. Don’t let the excitement drag you down – quit when you reach the time limit. It is important to be able to stop in time.
- Expect to lose. The probability of winning is always lower than losing and this should be taken as a given.
- Do not borrow money to gamble. Never use credit or loans for betting.
- Do not chase losses. Do not immediately try to win back after you have failed. Trying to recoup lost money often leads to more losses.
- Don’t use gambling as a way to cope with emotional or physical problems. Gambling for your own pleasure is fine, but if you are gambling to distract yourself from serious problems in your real life, it can make things worse and lead to addiction.
- Create balance in your life. Gambling should not replace socializing with other people, work, or other important activities.
- Learn the signs of problem gambling. The more you know about gambling and its negative consequences, the easier it is to recognize and prevent problems in time.
Responsible gambling is not only the responsibility of the operators, but also the personal responsibility of the players themselves. Following these tips will help players to protect themselves from the risk of gambling addiction and other negative consequences of gambling entertainment.
Consent to the Privacy Policy
By using the Betswap platform and related services, you agree to be bound by the terms of this Privacy Policy. If you do not agree with any of its provisions, you should stop using our services immediately. Betswap reserves the right to provide additional explanations and clarifications regarding data processing. Such documents will be an integral part of this Policy and will supplement it.
Changes to the Privacy Policy
We may change this Policy from time to time due to legislative updates, changes in platform functionality, or other reasons. All significant changes will be communicated to users through notices on the Site or via email. You should regularly check the current version of the Privacy Policy to be aware of possible adjustments.
Who is covered by the Privacy Policy?
This Policy applies to all Betswap users, including:
- Individuals use the platform for betting and financial transactions;
- Traders and partners interacting with the service;
- Legal entities registered on the platform.
What data do we collect?
Betswap only collects information that is necessary to provide services, ensure security, and comply with the law. Depending on the circumstances, we may request:
- Identification data:
- Full name, date of birth, age, nationality;
- Contact information (address, email, phone number);
- Identification documents (passport, driver’s license, ID card).
- Financial information:
- Bank card and account details;
- History of transactions and trading operations.
- Other data:
- Employment information (position, place of work);
- Technical data (IP address, device type, cookies);
- Data obtained from third parties (credit history check, AML screening).
Depending on the specific circumstances and the nature of the relationship between you as a customer and the platform, additional information may be required. Each case of collecting such data is considered individually. We recognize the importance of protecting your privacy and only collect data that is essential to the operation of the service and the fulfillment of our obligations.
Purposes of data processing
At Betswap, we collect and process your data for several key purposes. Firstly, it allows us to create a personalized user experience, develop new features, and improve existing platform services. We analyze data about users’ interactions with our service to offer solutions that best suit your needs.
User safety is our priority. The information we collect helps us identify and prevent fraudulent transactions, block malicious activity, and protect the platform from cyberattacks. In the ever-changing DeFi space, these protections are especially important, and without the appropriate data, we cannot provide the right level of security.
As a regulated platform, we are required to comply with international regulatory requirements, including KYC and AML procedures. Collecting identity, transaction, and occupancy information allows us to fulfill these legal obligations.
Information sharing
Betswap has a strict policy regarding the sharing of user data. We never sell your personal information. We will only share your data in limited circumstances: to verification services for identity verification, to financial partners for payment processing, or to law enforcement agencies upon official request. In the event of mergers or acquisitions, your data may be transferred to a new organization that will be held to the same privacy standards.
Security measures
The protection of your data is ensured by a complex set of measures. We use modern encryption technologies, two-factor authentication, and conduct regular security audits. Employee access to personal data is strictly limited and controlled. However, it is important to realize that there is no absolute protection, and we recommend that users also exercise caution when working with the platform.
Cookies and analytics
Our website uses cookies, which are small text files that help analyze user behavior and improve the quality of service. They allow us to remember your preferences, fight fraud, and show relevant advertising. You can disable cookies in your browser settings, but this may limit some of the platform’s features.
Your rights
As a user, you have some important rights with personal data. You can request access to the information held, correct inaccuracies, or delete your data completely. You can also restrict the processing of your information for marketing purposes or withdraw previously given consent. Once you close your account, information is stored for 7 years.
GDPR for EU users
For residents of the European Union, additional rights under the General Data Protection Regulation apply. You can request the portability of your data in machine-readable format, object to automated decision-making, or file a complaint with supervisory authorities if you believe your rights have been violated.
If you still have questions about our privacy policy or the processing of personal data, our support team is here to help. Please contact us at the contacts provided, and we will endeavor to promptly resolve any issue you may have.