Teaching Money at KS1 and KS2

Operators and brands have become accessible to a truly global audience, with PartyCasino and other licensed brands attracting an ever-growing loyal following. Gambling is something which most of us will have done at one time or another in our lives, but there’s more to it than meets the eye in many respects. As gambling involves cash, it can also teach everyone useful lessons about money, which could be crucial going forward, click and discover more on making profits online.

One of the first lessons, and potentially the most important one of all, is that gambling teaches people about money management. When anyone gambles, they will always have a budget with which they can gamble from. This budget should be strictly adhered to, and the majority of punters will quickly realise that it’s always better to stay within budget and manage this wisely. Managing money when gambling is vital as it will also stop a person gambling recklessly, potentially risking more than they can afford to lose. Furthermore, most respected brands will incorporate measures to assist in players being able to gamble responsibly.

Speaking of risk, there’s also risk management to consider when it comes to gambling. Risk management is very important, especially when playing at casinos where there’s often a lot of luck involved with certain games. At a casino for example, it’s always wise to reduce the luck factor, focusing on what can and can’t be affected by the player themselves. Then, the player will be able to manage risk effectively, knowing how much of their budget they should play with and how big of an edge they have. This is why many players will tend to play table games like blackjack, where there is a degree of skill and strategy involved in the outcome.

Teaching money is always a tricky one, especially when you want to use ‘real’ coins.  You will find some great free IWB activities for teaching money at KS1 and KS2 at these two brilliant sites:

Every School

Crickweb

Both of these sites have a fantastic selection of interactive games for all subjects and worth taking a good look around, you are sure to find something!