Charitable Casinos - page 3. | Bitcointalksearch.org

ralle14

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Quote from: Davidvictorson on February 03, 2023, 02:31:25 AM

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

Nope, I haven't seen any charitable casino before reading the thread, when it comes to playing at one I guess it depends as long as they're an online casino and it doesn't require KYC then it probably won't hurt to give it a try.

Quote from: Johnyz on February 03, 2023, 10:21:22 AM

Anyway, the purpose is good I'm just wondering what's the odds of winning on that site since its not that a profitable for the house and it works differently.

I was about to assume it's the other way around because they need to bring in money and one of the best ways to do it is to increase the house edge.

mindrust

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I wouldn't play on a charity casino because they wouldn't be as competitive as the other casinos. It is because they don't have a reason to be competitive. Since they are not motivated by making more money, they won't make promotions, give bonuses etc. They would be like the government institutions. If they are not motivated by making more money, how can they attract more players? Let's be honest, no gambling player gives a damn about charities.

AbuBhakar

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I believe this casino type exists in a Physical casino since they use it for publicity for their brand. Simply searching the web will give tons of result about a casino that donates or have a charity program using part of their profit. Casinos like on the list https://www.sandiegouniontribune.com/entertainment/casinos/story/2019-12-01/casinos-give-back-through-charitable-donations are those who made profit from local players and this is there way for returning profit to the community.

Maestro75

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Quote from: Oshosondy on February 03, 2023, 05:18:37 AM

I remember a time that my country football player, Kanu that is now retired wanted to build a charitable casinos but I do not know if it is actually existing now or not.

Am not sure if Papilo is into anything that will not give him direct income. He is not likely to agree to such and give out his earnings that easily in whatever arrangement. Kalu is shrewd when it comes to money. Since his retirement from football no one has heard anything again about his Kalu Heart Foundation that was in public space for years after the player's own heart condition was discovered during transfer medicals.

Kelvinid

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when lambo...

Building this idea is somewhat unusual than those charity programs that we normally hear like asking for some donations. Such a unique way but seems it looks interesting as it gives us time to gamble before giving our money to the charity. It is not a direct ask for donations but we know that is something like that but at least we enjoy it.
This is really a brilliant idea and I support this. As long as the creator of this project is true and can be trusted, I believe there are a lot of gamblers who are willing to give their extra money.

Johnyz

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Is this like a lottery where its government controlled and do some charitable works as well?
Anyway, the purpose is good I'm just wondering what's the odds of winning on that site since its not that a profitable for the house and it works differently.
Most of the casinos have their own corporate social responsibility, and in my country its a requirement so technically most of them have a charitable works because this is a profitable business after all. I haven't tried playing on a full charitable casinos, hopefully it will be available in cryptospace as well so many can try it.

Zilon

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The aim of this casino is good and the idea looks inviting even to non gamblers. Giving back to the society through Charity especially for those struggling with cancer is another height of selflessness. RehabBingo should be a nice start for me before the end of the month to support Rehab group with their estimated "fifty thousand disabled people with different physical and intellectual deformities across Ireland".

Zlantann

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Quote from: Davidvictorson on February 03, 2023, 02:31:25 AM

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

I am familiar with some gambling exercises that happen in some not-for-profit organizations such as religious institutions during fundraising for projects or charity. During these events, people bet some amount of money with the intention of winning money or gifts. I also know that some of the ways some companies carry out their social-corporate responsibility are through donations and charity work. It is heartwarming to hear that some casino firms dedicate some percentage of their earnings or profit to charity. This will indeed support people that have become hopeless due to natural disasters and war.

I have never seen or bet on any charity-based casinos. But It will be a great privilege to play in this charity casino because it gives the feeling that even if you lose, some amount of money will be utilized to take care of the needy. Instead of sending all the money to the casino management, it is good to see that common men will benefit from my loss.

Wexnident

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Haven't played on one yet. Probably cause the casinos in my area in the first place aren't really big enough ones that they'd consider using charity to create fame for their casino I guess. Maybe if it was online crypto then I can try and play on it (not even sure if they exist tbf). If they were to ever create one near me (or online) then I just might consider it, still depends on how they put out their service though in the long term.

Quote from: davis196 on February 03, 2023, 07:13:05 AM

I like the idea, but this kinda seems like a sketchy marketing scheme, that is being done by those "charitable casinos". How can we be sure that those casinos are keeping their promise and actually spending a portion of their profits for charity?

It is what it is, heck charities themselves sometimes are pretty sketchy so I wouldn't put it past me that said charitable casinos are also doing their so-called "charity" work pretty sketchily.

Quote from: davis196 on February 03, 2023, 07:13:05 AM

In many countries around the world the gambling industry is being heavily taxed and the tax revenue is used for funding healthcare programs(like programs for fighting drug, alcohol and gambling addictions). This seems way more transparent than relying on the generosity of a bunch of casino owners.

I agree, but I don't think Charity casinos get taxed less for being "charitable" in the first place so I don't really think it's an issue whether they're one or not. I guess it's just additional money spent on helping others outside of the already taxes that they give out.

Crypt0Gore

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There is a motherless babies home in my state and a well-known figure who owns three gambling outlets in the city wants to donate, the catholic father who is managing this motherless babies home refused the donation, it seems they have something against gambling den owners or something, this is why I thing your idea won't help, maybe in very limited countries that don't care but the majority won't accept, maybe it's the law rules or something with religion, that I can't figure out.

coolcoinz

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Quote from: Solosanz on February 03, 2023, 03:50:51 AM

It sound funny to be honest lol.

Many countries doesn't allow gambling activities, so it's impossible if there's a project want to create a charitable casino, because even though their intention is good, but they're breaking their country rules.

IMO charitable casino seems wouldn't survive in the long run because there's must be a lucky gambler will win big. Since the charitable casino doesn't have big bankroll because they've transfer their money to a charity or the poor, they will suffer a problem.

Yes it does sound funny because they're mixing an activity that isn't really something people aspire to do with charity. So they're trying to make people like casinos more because these ones are not so bad since they also help people. Hey, at least when you're losing money gambling it's for a good cause Wink

I've never played in a charitable casino, in fact this is the first time that I hear about it. It's definitely a good idea, but makes me wonder how big is the part of the profits that they donate. I know of a few charity organizations that raise money for children and they keep more than 60% of the money for themselves. Sometimes as much as 90%.

Merit.s

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I haven't played in any charitable casino,and I am just hearing of it now. I will love to play on any charitable casino that accepts cryptocurrency online or if I see anyone offline,so that my funds can be used to help the sick and needy,let it be that this is my own part of contribution to those people. If it happens that I win big or small,I will continue gambling till the money is lost,but as usual,I will always have it done from my gambling budget. If the charitable casino is trustworthy and has good quality,in no time they will have more customers because funds realized is used for charity.

FatFork

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Yup, I know that some casinos give back by donating a portion of their revenue for charitable causes and to make a positive impact on the world. It's all part of being a responsible business and giving back to the community. They call it corporate social responsibility and it's supposedly a way for companies to make a positive impact on society, although I personally think that it's more about just another way of promoting companies.

But when it comes to the world of crypto gambling, I'm not sure if the same level of social responsibility is being upheld. As the crypto industry is still relatively new and unregulated, it may not yet have established norms for corporate social responsibility in the same way that traditional brick-and-mortar casinos have.

klidex

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Quote from: ethereumhunter on February 03, 2023, 03:46:19 AM

Quote from: Davidvictorson on February 03, 2023, 02:31:25 AM

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

If the charity casino were a crypto casino, I would consider playing there as a portion of the casino's earnings would go to the people who need it. I think this can attract people's interest in giving to charity, even though they play gambling first before giving it. Even if they lose, the money will be donated by the casino to needy people, so we shouldn't be sad. And that is a positive activity that casinos can do so that people who play there know that their money will be distributed to places that are needed. But maybe some don't want to play in such charity casinos because they think it is something different.

So far there hasn't been and I've never encountered a charity casino.
If someone really has ideas and a charity casino project, maybe in the future it could become one of the casinos that can provide so positive benefits for everyone, especially for those who really need help.
I myself would be happy to play there even though I only played as best as I could but indirectly I have participated in this charity casino which has a good cause.
I'm also sure the members of this forum will also agree and they are willing to participate in the charity casino if the goal is to do charity.

Don Pedro Dinero

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This is new to me as well and I am suprised to the point of doubting if it is fake.

As important as casinos have been in the history of bitcoin and this forum, it is strange that those of us commenting in this thread are the first to hear about them.

Besides, it doesn't really fit in: something that is considered a charitable vice? I don't know, it's like talking about charitable liquor producers or charitable tobacco companies, I don't see it.

davis196

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I like the idea, but this kinda seems like a sketchy marketing scheme, that is being done by those "charitable casinos". How can we be sure that those casinos are keeping their promise and actually spending a portion of their profits for charity? Perhaps blockchain technology could be used, so we could track the transactions from those casinos to the charity projects. A little more transparency would be great.
In many countries around the world the gambling industry is being heavily taxed and the tax revenue is used for funding healthcare programs(like programs for fighting drug, alcohol and gambling addictions). This seems way more transparent than relying on the generosity of a bunch of casino owners.

_act_

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Quote from: Finestream on February 03, 2023, 06:47:06 AM

Well, all casinos should maintain good credibility regardless if they are charity-based or not, otherwise people will not support it and will find other casinos to bet. Personally, I have heard before about charity based casino but I don’t know if something like this exists in our country. But if there is any, I guess I should start taking part on it by betting some of my extra funds on it. Either it’s a win or lose, at least I have contributed a good amount to help those people who are in bad position right now.

If a casino do not have the qualities of competing with other casinos, nobody will care if it is for charity or not, what people care most about is the qualities that casinos have which makes them to enjoy staying. As for me, I will prefer to just make a direct donation for charity, I like the qualities many gambling site here on this forum are having. The mission is to get money for charity purpose, we can also pay directly to the charity address or account number while making use of other casinos too. I will like people to tell us about their experience while they make use of charitable casino.

theskillzdatklls

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I've always wanted MintDice to be able to send a portion of it's revenue to open source software development, mostly in the name of disrupting Big Tech in as many ways as possible. Unfortunately it hasn't had the traction to be able to afford to do that yet. Hopefully one day

Finestream

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Quote from: aioc on February 03, 2023, 03:57:42 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.

Well, all casinos should maintain good credibility regardless if they are charity-based or not, otherwise people will not support it and will find other casinos to bet. Personally, I have heard before about charity based casino but I don’t know if something like this exists in our country. But if there is any, I guess I should start taking part on it by betting some of my extra funds on it. Either it’s a win or lose, at least I have contributed a good amount to help those people who are in bad position right now.

Jating

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I'm aware that some of the proceeds of casino are often put on some charitable institutions, but still depends on the casino owner themselves. Because we all know that they are in the business of making money so it might be some conflict there.

But here there are casinos being sponsored by government or under their umbrella, so the proceeds really goes to the government and not just for charity.

So it's good to hear that there are still casinos who donated part of their revenues to charitable institutions.

Topic: Charitable Casinos - page 3. (Read 344 times)