Charitable Casinos | Bitcointalksearch.org

Oilacris

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Quote from: Russlenat on February 03, 2023, 04:54:15 PM

Quote from: aioc on February 03, 2023, 02:57:42 AM

I am not aware of these charity casinos, its highly recommended to play on these casinos and if ever they create an announcement I will fully support this kind of casino, we will not feel bad if we ever lose money because we are helping people in need, in my country our lottery is being managed by our government and a big portion of the profit goes to charitable institutions for the poorest in our country, that is why the majority of people in our country are supporting it betting on it because they never know if they will be the next to ask for help in the institutions that benefit from these lotteries.
But even if they are charity-based casinos they should build their reputation, pay winners and address issues.

Here in our country, although I have not heard some profitable casinos but the profits from betting on lottery here will go to charities and that would mean helping those people who are very unfortunate and who have not given opportunities so they can somehow improve their way of living. That’s the reason why I never regret from betting in lottery even if I only end up from consistent losing because I know the money will only go to the people are who needing so badly.

Its a state-based lottery which is something that a common application via that lottery on where some of those amounts would be allocated on charities and some would be applied
into that taxation matters or thing connection.Its really good to see to have that kind of approach which we do know that it could really benefit out to those people who are
really that in need.Doesnt matter if this one includes out state lotteries or those sole companies specially on gambling industry does have this kind of activity
then just like on what others been saying that this is something that commendable.

pixie85

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Quote from: Slow death on February 03, 2023, 04:45:52 PM

I think that this is a very good attitude and that more casinos should set this good example, however it should not be ignored that casinos are producing many addicts each year, I hope that when a casino does charity it avoids enticing more people to play in the casino because with this we will see more people losing money and more people becoming addicted to gambling

if on the one hand we have casinos doing charity work, on the other hand we have casinos that are destroying the lives of many people, this reality that there are many addicts to gambling cannot be ignored, which is why I ask myself if we can really consider It's a good thing that casinos constantly do charity

I'd say this isn't a good idea. It's good in general if you think about it as an ethical standard but really a casino that does it starts to look suspicious in my eyes.

Why would they give away some of their profits if not for their own benefits? There's no real charity in business like SBF was giving out donations and it was all one big scam. Every donation he made was not with his own money and was supposed to buy him time to run his scam.

romero121

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Quote from: Wakate on February 03, 2023, 04:50:52 PM

This is very surprising to be to get to know that there are casinos that are known as charitable that are going out there help people to send funds to ameliorate poverty. I think this kind of casinos are mostly owned by government and they are the one that control most of the activities whereby there are some companies that do contribute fund to support these kind of casinos.
Some of these kind of casinos, I am not sure if they will also accept KYC which is something that is going to make some player not to use that kind of casino.

Even casinos connected with charities is really good. Other casinos too support people at critical times, recently Stake send a big amount for the people affected by the war between Russia and Ukraine. This is happening now and then, but regularly paying 4-40% of the revenue for the charities needs to be applauded.

Russlenat

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Quote from: aioc on February 03, 2023, 02:57:42 AM

I am not aware of these charity casinos, its highly recommended to play on these casinos and if ever they create an announcement I will fully support this kind of casino, we will not feel bad if we ever lose money because we are helping people in need, in my country our lottery is being managed by our government and a big portion of the profit goes to charitable institutions for the poorest in our country, that is why the majority of people in our country are supporting it betting on it because they never know if they will be the next to ask for help in the institutions that benefit from these lotteries.
But even if they are charity-based casinos they should build their reputation, pay winners and address issues.

Here in our country, although I have not heard some profitable casinos but the profits from betting on lottery here will go to charities and that would mean helping those people who are very unfortunate and who have not given opportunities so they can somehow improve their way of living. That’s the reason why I never regret from betting in lottery even if I only end up from consistent losing because I know the money will only go to the people are who needing so badly.

Wakate

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This is very surprising to be to get to know that there are casinos that are known as charitable that are going out there help people to send funds to ameliorate poverty. I think this kind of casinos are mostly owned by government and they are the one that control most of the activities whereby there are some companies that do contribute fund to support these kind of casinos.
Some of these kind of casinos, I am not sure if they will also accept KYC which is something that is going to make some player not to use that kind of casino.

Slow death

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I think that this is a very good attitude and that more casinos should set this good example, however it should not be ignored that casinos are producing many addicts each year, I hope that when a casino does charity it avoids enticing more people to play in the casino because with this we will see more people losing money and more people becoming addicted to gambling

if on the one hand we have casinos doing charity work, on the other hand we have casinos that are destroying the lives of many people, this reality that there are many addicts to gambling cannot be ignored, which is why I ask myself if we can really consider It's a good thing that casinos constantly do charity

btc_angela

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If I'm not mistaken, most government own casino do such a thing, because they profited big and so they are the biggest contributor to the government which means they can disburse any money they got from casinos to government related even to charities.

But for private own casinos, hmm, not sure if I heard them donating some of the profits they got for charitable cause.

And if there is such then good, although I'm not expecting them to give big amount like in the millions.

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Quote from: Unsoldier on February 03, 2023, 03:36:06 PM

This is the first time I've heard of a charity casino. If you think about it, any casino can do charity work. All you have to do is donate part of your profits to a good cause. I think it's a good initiative. A gambler losing money in a casino helps people. Sounds great!

Exactly, most of them do corporate social responsibility and they can donate more if they continue to earn more so wondering as well why there’s a casino focuses more on Charity, I only know the government controlled lottery booth and nothing more. If the site is still fair and have a good reputation, then probably I’ll try playing with them since their purpose is still good, and you might also be part of that charity program by losing money on their site.

bitbollo

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here in Italy there is nothing like this.
maybe some donations are made to charity but there is no a "structure" dedicated to these activities.

it would be interesting to understand how they manage to support themselves financially and which part of the profits is donated (I hope that all the donations are verifiable...)

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Quote from: Fortify on February 03, 2023, 04:14:43 PM

It doesn't sound like a very clever or well thought out idea. The whole thing sounds like it would be heavily opposed and not in any way welcomed by charities because in reality gambling is the source of a lot of suffering for many people with very few winners not outweighing that fact. If people wanted to give to charity, their are much more effective ways of doing it than via what many would consider a vice for pleasure and entertainment, putting down a small amount with the hope of winning a much bigger one. However the other end of the spectrum, the extreme addicts, can end up in all sorts of miserable situations which are often what charities are trying to solve in the first place. It's like cigarette companies sponsoring a healthy sport like football - there is clearly an ulterior motive.

You'd be surprised by the sheer amount of desperate charitable institutions out there that are bleeding money every single day, and would be willing to accept donations and money wherever it vame from. At the very least these casinos are more than capable of providing "clean" money albeit coming from the misfortune of their players. I think it's only fair that these organizations be allowed and be obligated in some circumstances to donate money because they gotta give the money back to the people somehow.

Fortify

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Quote from: Davidvictorson on February 03, 2023, 01:31:25 AM

A charitable casino means a casino limited to a building, or portion of a building, a) providing equipment, management and personnel for the purposes of conducting a non- profit casino, where a portion of the net income benefits various charities; and b) operated by a provincially licensed charitable management company.

I am familiar with charitable events but this is my first time to hear about charitable casino. The funds realized are used for relief aid, counternarcotics assistance, helping to people fighting with a cancer, and many other good causes. As a matter of fact, I will be participating in one this weekend to raise funds for people displaced by conflict in my country. My mindset is just to have fun. However, I will try to win but then if I lose, I will know it will be a cash assistance for those in need. My budget for this is just $300.

Did you know that there are other casinos that donate a part of their revenue to do some good in this world?

Betoncharity: It is just an amazing that from 4 up to 40 percent of the Betoncharity.com house win go towards charity. That said, we are that shocked by their generosity as we do imagine the declared 4 societies claims on resources: - Red Crescent & International Red Cross; The Institute of UCSF Aids Research; Foundation called Make-a-Wish America; the American Cancer Society.
Paf: The Finish oriented organizations, with the best kind of promo – “Play among friends”-, have been calling poker, slots, and more of live and online casino players for help towards the Red Cross, including supported welfare associations for children, since 1966.
RehabBingo: Not many people suspect it is the RehabBingo.com as a big help and an important sponsor of the Rehab group to fifty thousand disabled people with different physical and intellectual deformities across Ireland. And to be completely honest, their offering isn’t bad!
CaptainCharity: Among the rest, we’ve discovered CaptainCharity by the address CaptainCharity.com, the organization shares 50% of the profit with 10 institutions, and later it is planned even more societies, which are chosen by players above ever. As far as we can see, it’s like the world of gambling is moving to the people advantage.

Have you played in a charitable casino or will you consider doing it?

It doesn't sound like a very clever or well thought out idea. The whole thing sounds like it would be heavily opposed and not in any way welcomed by charities because in reality gambling is the source of a lot of suffering for many people with very few winners not outweighing that fact. If people wanted to give to charity, their are much more effective ways of doing it than via what many would consider a vice for pleasure and entertainment, putting down a small amount with the hope of winning a much bigger one. However the other end of the spectrum, the extreme addicts, can end up in all sorts of miserable situations which are often what charities are trying to solve in the first place. It's like cigarette companies sponsoring a healthy sport like football - there is clearly an ulterior motive.

Hispo

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I read about charity events as well, like charity lotteries or charity bingo, but I was not aware there were stablished casinos or game places dedicated to gather money for charity as part of their perpetual gambling operations.

I have never partaken on a casino like those, but I would definitely give it a try, it is for a good cause, after all. It is a plus if they make public what section of the population benefits from their philanthropy.

I assume these casinos also keep a big enough bankroll to pay those who hit the jackpot? It would be unfortunate if someone end ups winning a lot of money and the casino cant pay it, because they donated a significant part of their money last month. Tongue

crzy

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Quote from: Unsoldier on February 03, 2023, 03:36:06 PM

This is the first time I've heard of a charity casino. If you think about it, any casino can do charity work. All you have to do is donate part of your profits to a good cause. I think it's a good initiative. A gambler losing money in a casino helps people. Sounds great!

They have this kind of outreach program and supporting the community, though some site are not disclosing it especially with crypto gambling site. If there’s a casinos that is purely about charity then for sure there’s a limit on how much you can earn so they can be more effective. This is a good initiative and of course, good for the people who are in need of something. Haven’t tried playing on this kind of casino but I’m willing to play of course.

stomachgrowls

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I dont know if this one is something that could be trust up but this is a recent casino that do charity works.
Im aint sure if they are the first.

Bitcoza offering "world’s first charity Bitcoin Casino"
https://www.gamblinginsider.com/news/15345/bitcoza-offering-worlds-first-charity-bitcoin-casino

Quote from: Unsoldier on February 03, 2023, 03:36:06 PM

This is the first time I've heard of a charity casino. If you think about it, any casino can do charity work. All you have to do is donate part of your profits to a good cause. I think it's a good initiative. A gambler losing money in a casino helps people. Sounds great!

Charitable works is always been good to look at which it is really only a few of these business platforms or companies whom would be considering out such act.
We do know that they would always come for the profits which is understandable but having considerations on making donations in part of their revenue
is something that commendable.

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Quote from: aioc on February 03, 2023, 02:57:42 AM

I am not aware of these charity casinos, its highly recommended to play on these casinos and if ever they create an announcement I will fully support this kind of casino, we will not feel bad if we ever lose money because we are helping people in need, in my country our lottery is being managed by our government and a big portion of the profit goes to charitable institutions for the poorest in our country, that is why the majority of people in our country are supporting it betting on it because they never know if they will be the next to ask for help in the institutions that benefit from these lotteries.
But even if they are charity-based casinos they should build their reputation, pay winners and address issues.

Casinos should still have no unresolved issues especially if it pertains to winnings withrawal as it’s the most important factor that customers will always consider. At least, if they are still considered reputable and trusted by gamblers, I would always support that casino so that I could also take part in helping those people who are less fortunate. Having said that, losing from this casino will never give me a heavy heart as my losses will also benefit other people.

Unsoldier

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This is the first time I've heard of a charity casino. If you think about it, any casino can do charity work. All you have to do is donate part of your profits to a good cause. I think it's a good initiative. A gambler losing money in a casino helps people. Sounds great!

KTChampions

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In my opinion, this sounds the most ambiguous. Well, it seems like a husband tells his wife when asked where he is going: to do charity work Grin

I support both gambling and charity, but it seems to me that it is wrong to mix (at least so obviously) these things. Gambling companies may donate a portion of their income to charity without such explicit disclosure. In this version, it looks like helping gamblers in a "deal" with their conscience.

rahmad2nd

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Quote from: Davidvictorson on February 03, 2023, 01:31:25 AM

Have you played in a charitable casino or will you consider doing it?

Charity casino?, I just heard about it and found it a little odd. to be honest, i like ideas related to charities. but for casinos, this seems a little bit ambiguous to me personally. the casino business is a profitable business and even if the charity casino sells well in the market with many users. automatically, will bring a lot of profit. however, problems will arise once the charity casinos have become very established casinos. There is a potential for misappropriation or embezzlement of funds, although the original plan was that charitable casinos were designed to raise money and then donate it to charitable causes.

I don't mean to be negative, but a business designed like this is very vulnerable to misappropriation of funds. at least, supervision is needed by the relevant agencies so that abuse does not occur. to be honest, i prefer to use the favorite casino available in our community. related to charitable activities, I prefer to distribute it myself to people around my environment.

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Quote from: madnessteat on February 03, 2023, 03:09:49 PM

Quote from: goinmerry on February 03, 2023, 02:26:06 PM

I think some casinos are already doing that charitable work but not tagging their casino business as charitable casinos.

Regardless of the purpose, a casino is a casino and what they prioritized is to work as a normal casino the charitable side should not be the main agenda as it might lead others to think that the casino is using charity to build its name.

I remember freebitco.in organized a charity drive on their gambling site but I don't remember how it turned out.

I hadn't even considered that casino profits could be used to help the needy and to fund various research. In my opinion charity is a good trend and it doesn't matter if the casino constantly sends a portion of its profits to charity or holds one-time charity events. If the money is really sent to people who need it, this is a good cause, which deserves at least respect from both gamblers and society.

i believe some casinos really do charitable activities but usually they are not publishing them for the consumption of the public. though i can understand if some will disclose it especially if the donation is significant as it can give them good image to the community.
and also, i dont think they will give significant portion to charities in long-term basis. for sure, they set-up a gambling business for profitable reasons not because of charitable reasons.

madnessteat

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Quote from: goinmerry on February 03, 2023, 02:26:06 PM

I think some casinos are already doing that charitable work but not tagging their casino business as charitable casinos.

Regardless of the purpose, a casino is a casino and what they prioritized is to work as a normal casino the charitable side should not be the main agenda as it might lead others to think that the casino is using charity to build its name.

I remember freebitco.in organized a charity drive on their gambling site but I don't remember how it turned out.

I hadn't even considered that casino profits could be used to help the needy and to fund various research. In my opinion charity is a good trend and it doesn't matter if the casino constantly sends a portion of its profits to charity or holds one-time charity events. If the money is really sent to people who need it, this is a good cause, which deserves at least respect from both gamblers and society.

Topic: Charitable Casinos (Read 405 times)