Best Practices for Staying Safe When Gambling - page 7.

Jemzx00

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Be nice!

Quote from: piebeyb on October 28, 2023, 02:47:29 AM

Quote from: noormcs5 on October 27, 2023, 10:26:34 PM

If you want me to pinpoint a major difference between them, then I would that trading requires skill to be profitable while the criteria for gambling profitability is luck.

The only similarity between them is money management, as the only way to save yourself from losing money in both trading and gambling is effective money management.

Yes money management and also limiting your budget is very important because it will make your way of gambling very safe and also save yourself from losing a lot of money and it is true that not only in gambling but also in trading everyone has the risk of losing money at any time if you cannot control and manage it. Correctly, at least play safely using a healthier mindset, because that's important.

Even though we know that both have the same risk of losing money, whether trading or gambling, they are different in making a profit, because as you said, gambling relies on luck and a little skill, while trading requires a lot of skill and a little luck, trading can be analyzed compared to playing. gambling, so the most important thing in carrying out both is really good money management and the two don't really show a big difference

I think you're confused on how much of a difference gambling and trading be. There's too much difference between the two as trading mostly rely on skills as a trader will need to be keen on details such as having a good TA skills and be observant to the market to gain profit while gambling mostly rely on luck to gain profit. Both do pose risk on your funds but you can manage your loses much better on trading than on gambling.

Money or crypto funds management are a key thing to almost any investiture that anyone can go through whether it's trading or gambling as it control how much money you may lose or gain.

Hispo

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Quote from: Bushdark on October 29, 2023, 03:39:52 PM

Quote from: Dunamisx on October 27, 2023, 04:47:11 PM

Let me start with this suggestion that we should desist from going after friends when gambling or taking friends decision on our own gambling, we can make friends for fun and there should be limit to how far they can interfere to our gambling lifestyle, i know that some gamblers are indecisive on their own, they will also need the influence of friends in their life in other to know what to do, such peop also never knows how they find themselves into the kind situation they are in life because of friends influence.

One of the best ways for us to stay safe from gambling is by not gambling too much. We need to know how often we are going to be betting so that we can regulate how frequent we gambling on a daily, weekly and monthly basis. This will help us to stay safe and know the amount of time we spend to be on different intervals. We need to gamble less to prevent been expose to the risk of gambling which can cause us so much loses. Greed can also be a potential factor that will cause us a severe loses if we don't control it as a regular gambler.

I could be wrong, but I believe this thread is rather about measures to be taken by us and others to remain safe (not getting hacked or losing or casino accounts), rather than improving our own behavior while gambling. That is a different topic which has been discussed many times around here in the gambling section of the forum. Tongue

It does not mean I disagree with what you say though, but it is a different kind of risk when one getting malicious links and clicking on them than one starts to gamble more than one is willing to lose to a bad luck streak at dices.

michellee

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Quote from: topbitcoin on October 28, 2023, 02:46:29 AM

Quote from: michellee on October 28, 2023, 01:12:30 AM

It's better not to invite people to gamble because if we lose, we might get into trouble and they will blame us for inviting them to gamble. It's better if we gamble ourselves and don't need to tell them if we gamble.

More precisely, never invite other people to gamble and what I mean by other people are people who are unfamiliar with gambling and have never gambled at all. Because after all, gambling can become a habit or activity that is detrimental, both in terms of finances and mental health. Gambling without good control can lead to feelings of addiction to gambling, financial losses and can even affect relationships, be it friendships or family relationships.
It would be better and wiser if we invited and supported our friends or relatives to do things that were more positive and productive than having to invite them to gamble. It's enough for us to feel and enjoy the bitterness and sweetness of gambling ourselves, we don't need to involve other people, let alone invite them, and let promotional matters be the business of the marketing team of a casino and we don't need to bother inviting other people to get them to gamble.

Yes, it can make ordinary people unable to control themselves because in gambling, they will see many temptations that can make them forget to stop. Apart from that, he can also forget to set or set a money limit for gambling. Maybe we can set those limits but not for ordinary people.

And even if the person has also been or is used to gambling, we should not invite him to gamble because gambling is about responsibility. We don't know how responsible they are in gambling. We also don't know whether they can regulate or have limits on gambling. And as you said, we are responsible for ourselves.

If we invite someone else and it turns out that person loses, there is a possibility that they will blame us. And even though he knows that gambling can result in defeat, there is still a feeling of discomfort in that person, which can affect our relationship with him. That's why we should gamble alone so that no one blames us.

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Quote from: Dunamisx on October 27, 2023, 04:47:11 PM

Let me start with this suggestion that we should desist from going after friends when gambling or taking friends decision on our own gambling, we can make friends for fun and there should be limit to how far they can interfere to our gambling lifestyle, i know that some gamblers are indecisive on their own, they will also need the influence of friends in their life in other to know what to do, such peop also never knows how they find themselves into the kind situation they are in life because of friends influence.

One of the best ways for us to stay safe from gambling is by not gambling too much. We need to know how often we are going to be betting so that we can regulate how frequent we gambling on a daily, weekly and monthly basis. This will help us to stay safe and know the amount of time we spend to be on different intervals. We need to gamble less to prevent been expose to the risk of gambling which can cause us so much loses. Greed can also be a potential factor that will cause us a severe loses if we don't control it as a regular gambler.

mak013

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Quote from: CryptSafe on October 27, 2023, 03:55:19 AM

Quote from: mak013 on October 27, 2023, 02:47:11 AM

Quote from: Hispo on October 25, 2023, 06:41:28 PM

There is a feature I have noticed Binance has implemented, which greatly helps to identify whether one is being targeted during a fishing campaign or not.
Binance allows their traders to set an "anti-phising code", so any email one receives from Binance will have a tag with said code set up by the user, if the code it is indeed the one we chose, then it is highly unlikely it is a malicious mail, otherwise it is a targetting email for us to fall for and steal our data or credentials.

I wonder if someday casinos will implement something similar to it, so gamblers will be able to easily identify official emails of promotions or security inquiries from those sent by hackers and scammers. It would be nice if they added it up.

Cryptocurrency exchanges have lots of levels of security. They have lots of users money with lots of deposit/withdrawals. 2FA, sms, e-mail, trade password - they can protect every your step. But i don`t think that any casino needs such security level. It becomes uncomfortable to gamble, when you have to type password or wait sms before every bet.
As for me, it would be interesting to have an opportunity to tune security level by myself, using some checkboxes probably.

I think I should say this, mate. Casinos are somewhat like exchanges, but the only difference is that casinos are gambling platforms, while exchanges are for trading cryptocurrencies and fiat. They both need a high form of security protection because they encounter daily traffic and hack attempts as they handle lots of funds, assets, and cryptos of their clients, which are running into millions and billions of dollars in dollar equivalent. In that case, they would need security to protect their websites, customer accounts, and dashboards against hacking or attempts at it. Although these features of security can be provided by the exchanges for their clients, cautioning them to apply any of the security measures they deem fit to their own safety.
Casinos really need a high level of security because of the nature of their engagement. I believe you heard of stake hack some months ago so if stake is well known as a casino to the extent of being among the world leading crypto gambling platform and they got hacked, tell me why would it not be okay for a casino have tight security measures to protect their website and clients as well to avert any future occurrences of these nature.

It is true, but there is some difference between casino and exchange. Ib the exchange you are for getting money and your activities must be not comfortable but secure. In the casino you`re getting fun(of course all of us want to win, but the main goal is getting fun). So the first thing you need is comfort. In such situation someone would prefer security, that`s why i think that the best way is to allow the gambler decide what level of security/comfort he needs.

piebeyb

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Quote from: noormcs5 on October 27, 2023, 10:26:34 PM

If you want me to pinpoint a major difference between them, then I would that trading requires skill to be profitable while the criteria for gambling profitability is luck.

The only similarity between them is money management, as the only way to save yourself from losing money in both trading and gambling is effective money management.

Yes money management and also limiting your budget is very important because it will make your way of gambling very safe and also save yourself from losing a lot of money and it is true that not only in gambling but also in trading everyone has the risk of losing money at any time if you cannot control and manage it. Correctly, at least play safely using a healthier mindset, because that's important.

Even though we know that both have the same risk of losing money, whether trading or gambling, they are different in making a profit, because as you said, gambling relies on luck and a little skill, while trading requires a lot of skill and a little luck, trading can be analyzed compared to playing. gambling, so the most important thing in carrying out both is really good money management and the two don't really show a big difference

topbitcoin

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Quote from: michellee on October 28, 2023, 01:12:30 AM

It's better not to invite people to gamble because if we lose, we might get into trouble and they will blame us for inviting them to gamble. It's better if we gamble ourselves and don't need to tell them if we gamble.

More precisely, never invite other people to gamble and what I mean by other people are people who are unfamiliar with gambling and have never gambled at all. Because after all, gambling can become a habit or activity that is detrimental, both in terms of finances and mental health. Gambling without good control can lead to feelings of addiction to gambling, financial losses and can even affect relationships, be it friendships or family relationships.
It would be better and wiser if we invited and supported our friends or relatives to do things that were more positive and productive than having to invite them to gamble. It's enough for us to feel and enjoy the bitterness and sweetness of gambling ourselves, we don't need to involve other people, let alone invite them, and let promotional matters be the business of the marketing team of a casino and we don't need to bother inviting other people to get them to gamble.

knowngunman

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Quote from: CryptSafe on October 27, 2023, 03:55:19 AM

I think I should say this, mate. Casinos are somewhat like exchanges, but the only difference is that casinos are gambling platforms, while exchanges are for trading cryptocurrencies and fiat. They both need a high form of security protection because they encounter daily traffic and hack attempts as they handle lots of funds, assets, and cryptos of their clients, which are running into millions and billions of dollars in dollar equivalent. In that case, they would need security to protect their websites, customer accounts, and dashboards against hacking or attempts at it. Although these features of security can be provided by the exchanges for their clients, cautioning them to apply any of the security measures they deem fit to their own safety.
Casinos really need a high level of security because of the nature of their engagement. I believe you heard of stake hack some months ago so if stake is well known as a casino to the extent of being among the world leading crypto gambling platform and they got hacked, tell me why would it not be okay for a casino have tight security measures to protect their website and clients as well to avert any future occurrences of these nature.

You're absolutely right. Both casinos and exchanges share something in common but with different goals. Both casinos and exchanges need to tighten up their security system because they have become the target of hackers. Exchanges usually have more sophisticated security systems in place compare to casinos. I think it's high time for casino to also improve on their security because they handle a lot of cash and sensitive information so they need to have strict security measures in place to protect their players. Hackers have targeted casinos in the past and still trying so it's important for them to have strong firewalls and other protections in place.

While it's impossible to completely eliminate crime, casinos need to be constantly updating their security measures to stay one step ahead of criminals. One way that online casinos can protect themselves from cyber attacks is to have a robust intrusion detection system in place. The system would help to monitor network traffic for signs of unusual activity and alert the casino's security team if anything suspicious is detected. It actually cost money for the security upkeep but it worth it.

michellee

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Quote from: pinggoki on October 27, 2023, 10:15:38 PM

Quote from: Dunamisx on October 27, 2023, 04:47:11 PM

Let me start with this suggestion that we should desist from going after friends when gambling or taking friends decision on our own gambling, we can make friends for fun and there should be limit to how far they can interfere to our gambling lifestyle

The fact that you are trying to fight the urge to not listen to your friends when making a gambling decisions makes you unfit to gamble in the first place because gambling should be your own decision and bringing in other people is going to be a disaster in the making because when you lose, you're definitely going to blame the person that you've listened for advice and don't say that you won't because your emotions when that happens is going to be in shambles so your instinct is to pass the blame to relieve the clashing emotions and you'll definitely blame that person.

It's better not to invite people to gamble because if we lose, we might get into trouble and they will blame us for inviting them to gamble. It's better if we gamble ourselves and don't need to tell them if we gamble.

When playing gambling, we must always be responsible so that we don't experience any problems. But what happens is that people become irresponsible when they experience defeat. They deposit more money and want to recover their losses.

That will make them even more emotional, especially if they suffer another defeat. And instead of being able to recover their losses, they made their losses even bigger. But if they want to invite a friend, they have to make sure that the friend can control themselves well so that if they lose, they won't blame anyone because that is a risk in gambling.

noormcs5

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Quote from: khaled0111 on October 27, 2023, 05:32:47 PM

Quote from: CryptSafe on October 27, 2023, 03:55:19 AM

I think I should say this, mate. Casinos are somewhat like exchanges, but the only difference is that casinos are gambling platforms, while exchanges are for trading cryptocurrencies and fiat

I hear this a lot but sorry I have to disagree with it an i think thisproverb applies here "With some toil, he explained water as being water."
You didn't explain why you think casinos are like exchanges and didn't mention the similarities between the two!
When it comes to security, then you are right. Both need to be as secure as possible as a huge amount of customers' money is at risk and need to be protected. But casinos can't impose many layers of security otherwise the user's experience won't be pleasant.

Exchanges are not the casinos and both of them are totally different from each other. Also, the fact is that people who gamble and the ones who trade, are totally different categories of people and there is no way we can find any similarities between gambling and trading.

If you want me to pinpoint a major difference between them, then I would that trading requires skill to be profitable while the criteria for gambling profitability is luck.

The only similarity between them is money management, as the only way to save yourself from losing money in both trading and gambling is effective money management.

pinggoki

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Quote from: Dunamisx on October 27, 2023, 04:47:11 PM

Let me start with this suggestion that we should desist from going after friends when gambling or taking friends decision on our own gambling, we can make friends for fun and there should be limit to how far they can interfere to our gambling lifestyle

The fact that you are trying to fight the urge to not listen to your friends when making a gambling decisions makes you unfit to gamble in the first place because gambling should be your own decision and bringing in other people is going to be a disaster in the making because when you lose, you're definitely going to blame the person that you've listened for advice and don't say that you won't because your emotions when that happens is going to be in shambles so your instinct is to pass the blame to relieve the clashing emotions and you'll definitely blame that person.

khaled0111

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Quote from: CryptSafe on October 27, 2023, 03:55:19 AM

I think I should say this, mate. Casinos are somewhat like exchanges, but the only difference is that casinos are gambling platforms, while exchanges are for trading cryptocurrencies and fiat

I hear this a lot but sorry I have to disagree with it an i think thisproverb applies here "With some toil, he explained water as being water."
You didn't explain why you think casinos are like exchanges and didn't mention the similarities between the two!
When it comes to security, then you are right. Both need to be as secure as possible as a huge amount of customers' money is at risk and need to be protected. But casinos can't impose many layers of security otherwise the user's experience won't be pleasant.

Dunamisx

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Let me start with this suggestion that we should desist from going after friends when gambling or taking friends decision on our own gambling, we can make friends for fun and there should be limit to how far they can interfere to our gambling lifestyle, i know that some gamblers are indecisive on their own, they will also need the influence of friends in their life in other to know what to do, such peop also never knows how they find themselves into the kind situation they are in life because of friends influence.

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Quote from: South Park on October 27, 2023, 02:51:23 PM

Quote from: Nwada001 on October 25, 2023, 06:28:04 PM

Quote from: blckhawk on October 20, 2023, 10:05:08 PM

Not really the case, chasing losses in my opinion isn't a gateway to addiction but one of the many symptoms. The advices you've given are definitely right but if that person is really a gambling addict I am pretty sure that they wouldn't be able to do it and we all know how addiction works, if you don't have the money to sustain, you are definitely to find a way to sustain it by hook or by crook. As much as everyone wants to embody that last part but the money that you're losing when you lose in gambling is just going to make it difficult to do.

The moment you start thinking about chasing losses, that's the exact moment you are moving directly into becoming an addict.

This is exactly what chasing losses does. Let's say, for instance, that you have already wagered about $1000 on a particular day or week, and you are not that happy with yourself and want to win back that money by all means.

Now you will be required to deposit another amount into the casino again and start trying luck, maybe in a different game option this time with an increased wager amount, and then again, if you happen to lose everything again without noticing, you will still get tempted to make another deposit and continue your gambling. What do you think will happen next the moment that one also gets wasted?

When you have simply lost control over your own principles and you are busy chasing losses without realising the amount you are spending, trying to recover the little amount you lost is increasing, and the chances of recovery are becoming more difficult. This kind of action is not different from being an addict.

Without a doubt that is how most of those that become addicted to gambling begin their journey, at the beginning most likely they were like any other gambler and they just had the aim to get some fun doing something they like, however at some point they realized they may have lost more money than what they felt comfortable losing, but instead of just accepting they made a mistake and tighten their belt they decided to try to recover their money by gambling even more, and once you start that path it is difficult to stop yourself from following it.

People would usually be that learning up their lesson on the time that they would really be experiencing those unfortunate events which it isnt really that necessary but it turns out that this had become that a default thing. Getting safe when it comes to gambling would really be that pertaining about control and moderation with your money or funds because if you dont have such thing or control then you are really that prone into such condition and this is why we do really that sensible on what are the things that we should gonna do. You wont really be that making yourself that being worried on things if you are really just that spending on the amount that you can afford to lose or just simply you are really that playing just for fun.If you arent really that having that kind of
behavior but instead on the opposite then expect that unfortunate things that would really happen if you would really be that irresponsible.

South Park

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Quote from: Nwada001 on October 25, 2023, 06:28:04 PM

Quote from: blckhawk on October 20, 2023, 10:05:08 PM

Not really the case, chasing losses in my opinion isn't a gateway to addiction but one of the many symptoms. The advices you've given are definitely right but if that person is really a gambling addict I am pretty sure that they wouldn't be able to do it and we all know how addiction works, if you don't have the money to sustain, you are definitely to find a way to sustain it by hook or by crook. As much as everyone wants to embody that last part but the money that you're losing when you lose in gambling is just going to make it difficult to do.

The moment you start thinking about chasing losses, that's the exact moment you are moving directly into becoming an addict.

This is exactly what chasing losses does. Let's say, for instance, that you have already wagered about $1000 on a particular day or week, and you are not that happy with yourself and want to win back that money by all means.

Now you will be required to deposit another amount into the casino again and start trying luck, maybe in a different game option this time with an increased wager amount, and then again, if you happen to lose everything again without noticing, you will still get tempted to make another deposit and continue your gambling. What do you think will happen next the moment that one also gets wasted?

When you have simply lost control over your own principles and you are busy chasing losses without realising the amount you are spending, trying to recover the little amount you lost is increasing, and the chances of recovery are becoming more difficult. This kind of action is not different from being an addict.

Without a doubt that is how most of those that become addicted to gambling begin their journey, at the beginning most likely they were like any other gambler and they just had the aim to get some fun doing something they like, however at some point they realized they may have lost more money than what they felt comfortable losing, but instead of just accepting they made a mistake and tighten their belt they decided to try to recover their money by gambling even more, and once you start that path it is difficult to stop yourself from following it.

Hispo

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Quote from: Fivestar4everMVP on October 27, 2023, 08:59:16 AM

Quote from: terrific on October 27, 2023, 08:32:42 AM

Quote from: Hispo on October 26, 2023, 06:20:47 PM

Quote from: terrific on October 26, 2023, 06:07:37 PM

Quote from: Hispo on October 25, 2023, 06:41:28 PM

I wonder if someday casinos will implement something similar to it, so gamblers will be able to easily identify official emails of promotions or security inquiries from those sent by hackers and scammers. It would be nice if they added it up.

What if the email providers soon will also implement the blue tick on their email domains to determine that they're a legit one.
So the task will be carried by the email providers to check if the email domains are legitimate and they need to verify it on their own.

Actually, that is quite a very good idea if you ask me. I don't know why Gmail and Outlook had not implemented something like it, I assume it must have something to do with the email standard which is widely use nowadays, which makes difficult for providers to add a blue mark to those verified email addresses.
As far as I have seen, the only check marked mails I have received come from Google itself and they are only maked whe using their own email provider.

While those services get out their way to help to further secure their user's data, I still believe it would be ideal for casinos to add their own "anti-phising" codes, as Binance did. It would certainly save more than one person from getting their balance stolen.

Yeah right?
I've just thought of it so that those phishing emails that keep on victimizing people will have the idea that the ones that are sending them fake emails and claims are cons.
Having that legitimate blue mark or tick will give them the idea that they're from the legitimate company. And I just hope that they will be stricter than Twitter in terms of approving it.

I also support that it would be a good idea is email providers will implement this feature, but come to think of it, for email providers to start implementing the verified checkmark in the emails from verified source, the source have to be verified in the first place, that is like the company much kyc with Google or any email provider company they are using, else, there will be no way for the email provider to verify the actual real owner of the email address in question.

So yeah, if this must work, email users must be ready to go through kyc verification with the email providers they are using, so as to get the verified checkmark ✅.

I don't think any serious company like an online casino or a digital store as big as Amazon or eBay would have any trouble to provide all the information necessary for email providers to verify their mail addresses. Think about it, most of those businesses and services have had to go through a lot of information disclosure and administrative compliment with regulators, so they can operate in their countries and territories. Another oficial process like the one we describe should not be an obstacle for them at all, specially since we are talking about a measure which will help their costumers not to get scammed by fishing and identity theft.

I won't think good of a company which is willing to comply with regulators, but not do the basic minimum to protect their costumers.

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Quote from: terrific on October 27, 2023, 08:32:42 AM

Quote from: Hispo on October 26, 2023, 06:20:47 PM

Quote from: terrific on October 26, 2023, 06:07:37 PM

Quote from: Hispo on October 25, 2023, 06:41:28 PM

I wonder if someday casinos will implement something similar to it, so gamblers will be able to easily identify official emails of promotions or security inquiries from those sent by hackers and scammers. It would be nice if they added it up.

What if the email providers soon will also implement the blue tick on their email domains to determine that they're a legit one.
So the task will be carried by the email providers to check if the email domains are legitimate and they need to verify it on their own.

Actually, that is quite a very good idea if you ask me. I don't know why Gmail and Outlook had not implemented something like it, I assume it must have something to do with the email standard which is widely use nowadays, which makes difficult for providers to add a blue mark to those verified email addresses.
As far as I have seen, the only check marked mails I have received come from Google itself and they are only maked whe using their own email provider.

While those services get out their way to help to further secure their user's data, I still believe it would be ideal for casinos to add their own "anti-phising" codes, as Binance did. It would certainly save more than one person from getting their balance stolen.

Yeah right?
I've just thought of it so that those phishing emails that keep on victimizing people will have the idea that the ones that are sending them fake emails and claims are cons.
Having that legitimate blue mark or tick will give them the idea that they're from the legitimate company. And I just hope that they will be stricter than Twitter in terms of approving it.

I also support that it would be a good idea is email providers will implement this feature, but come to think of it, for email providers to start implementing the verified checkmark in the emails from verified source, the source have to be verified in the first place, that is like the company much kyc with Google or any email provider company they are using, else, there will be no way for the email provider to verify the actual real owner of the email address in question.

So yeah, if this must work, email users must be ready to go through kyc verification with the email providers they are using, so as to get the verified checkmark ✅.

terrific

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Quote from: Hispo on October 26, 2023, 06:20:47 PM

Quote from: terrific on October 26, 2023, 06:07:37 PM

Quote from: Hispo on October 25, 2023, 06:41:28 PM

I wonder if someday casinos will implement something similar to it, so gamblers will be able to easily identify official emails of promotions or security inquiries from those sent by hackers and scammers. It would be nice if they added it up.

What if the email providers soon will also implement the blue tick on their email domains to determine that they're a legit one.
So the task will be carried by the email providers to check if the email domains are legitimate and they need to verify it on their own.

Actually, that is quite a very good idea if you ask me. I don't know why Gmail and Outlook had not implemented something like it, I assume it must have something to do with the email standard which is widely use nowadays, which makes difficult for providers to add a blue mark to those verified email addresses.
As far as I have seen, the only check marked mails I have received come from Google itself and they are only maked whe using their own email provider.

While those services get out their way to help to further secure their user's data, I still believe it would be ideal for casinos to add their own "anti-phising" codes, as Binance did. It would certainly save more than one person from getting their balance stolen.

Yeah right?
I've just thought of it so that those phishing emails that keep on victimizing people will have the idea that the ones that are sending them fake emails and claims are cons.
Having that legitimate blue mark or tick will give them the idea that they're from the legitimate company. And I just hope that they will be stricter than Twitter in terms of approving it.

CryptSafe

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Quote from: mak013 on October 27, 2023, 02:47:11 AM

Quote from: Hispo on October 25, 2023, 06:41:28 PM

There is a feature I have noticed Binance has implemented, which greatly helps to identify whether one is being targeted during a fishing campaign or not.
Binance allows their traders to set an "anti-phising code", so any email one receives from Binance will have a tag with said code set up by the user, if the code it is indeed the one we chose, then it is highly unlikely it is a malicious mail, otherwise it is a targetting email for us to fall for and steal our data or credentials.

I wonder if someday casinos will implement something similar to it, so gamblers will be able to easily identify official emails of promotions or security inquiries from those sent by hackers and scammers. It would be nice if they added it up.

Cryptocurrency exchanges have lots of levels of security. They have lots of users money with lots of deposit/withdrawals. 2FA, sms, e-mail, trade password - they can protect every your step. But i don`t think that any casino needs such security level. It becomes uncomfortable to gamble, when you have to type password or wait sms before every bet.
As for me, it would be interesting to have an opportunity to tune security level by myself, using some checkboxes probably.

I think I should say this, mate. Casinos are somewhat like exchanges, but the only difference is that casinos are gambling platforms, while exchanges are for trading cryptocurrencies and fiat. They both need a high form of security protection because they encounter daily traffic and hack attempts as they handle lots of funds, assets, and cryptos of their clients, which are running into millions and billions of dollars in dollar equivalent. In that case, they would need security to protect their websites, customer accounts, and dashboards against hacking or attempts at it. Although these features of security can be provided by the exchanges for their clients, cautioning them to apply any of the security measures they deem fit to their own safety.
Casinos really need a high level of security because of the nature of their engagement. I believe you heard of stake hack some months ago so if stake is well known as a casino to the extent of being among the world leading crypto gambling platform and they got hacked, tell me why would it not be okay for a casino have tight security measures to protect their website and clients as well to avert any future occurrences of these nature.

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Quote from: Hispo on October 25, 2023, 06:41:28 PM

There is a feature I have noticed Binance has implemented, which greatly helps to identify whether one is being targeted during a fishing campaign or not.
Binance allows their traders to set an "anti-phising code", so any email one receives from Binance will have a tag with said code set up by the user, if the code it is indeed the one we chose, then it is highly unlikely it is a malicious mail, otherwise it is a targetting email for us to fall for and steal our data or credentials.

I wonder if someday casinos will implement something similar to it, so gamblers will be able to easily identify official emails of promotions or security inquiries from those sent by hackers and scammers. It would be nice if they added it up.

Cryptocurrency exchanges have lots of levels of security. They have lots of users money with lots of deposit/withdrawals. 2FA, sms, e-mail, trade password - they can protect every your step. But i don`t think that any casino needs such security level. It becomes uncomfortable to gamble, when you have to type password or wait sms before every bet.
As for me, it would be interesting to have an opportunity to tune security level by myself, using some checkboxes probably.

Topic: Best Practices for Staying Safe When Gambling - page 7. (Read 3586 times)