Pages:
Author

Topic: Charity Gambling (Read 1545 times)

legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
December 15, 2024, 10:32:55 PM
I support events like this if there is in my environment, let alone done outline maybe it will be more fun to be able to play poker with people around or new people who follow events like this.

This is how it should be, if all casinos did something like this it would be very good, in fact there are many causes that can be treated as charitable, for patients with many truly terrible diseases, all the money that is necessary is good, especially for doctors to do diplomas in homeopathic and energetic medicine, which is where all diseases can be cured, and the cure is not difficult, I think that now things will go in a new direction, if they continue like this I think that the world will slowly get better.

hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
December 15, 2024, 01:31:37 PM
It is a good intention, but on the other hand I do not agree with those who say gambling is gambling, and I feel like it is.
What other way do you want to classify gambling?
Gambling is gambling and I still agreed to those who feels like that because it's activities that involves giving out little money to earn a higher amount of money.
People put what they have for a better chances of receiving a huge amount more attractive to what they have placed with the bet.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
December 15, 2024, 01:16:26 PM
I am sure that everyone here will say that the intention of this idea is good, because after all helping each other is a good thing to do, but what I question here is the involvement with gambling, meaning whether from the beginning they really believed that they would be able to collect money from gambling and then donate it to people in need? Honestly, I am not sure about the success of that, although yes, victory is part of the end of the game besides defeat, but what I am worried about here is that in the long term they are far from luck which actually makes their capital disappear without a return. So in my opinion, what is more effective is not to involve gambling as an intermediary to solve various problems that are tied to finances, maybe there are some other options.
If your concern is that people might be at risk to fuel their addiction with gambling, you can actually go for direct donations which means you can still donate some good amount of your funds even without participating in the gambling activities. Or you can make some ticket purchases that support the charity organizations, sponsor some gambling events without the need for you to gamble, or go for silent auctions and bid on items, the proceeds will still go for whatever charity organization that this gambling casino supports.

Maybe he just asked because he felt quite strange about the idea, and also maybe the more people who channel their rational point of view then it will be able to divert the thinking of the party organizing the donation to try other more effective ways or ideas, I never had a problem with this because even though the intermediary is gambling but in the end the goal is for good, but of course I also quite agree with you that if we have the ability to help others then it is better to do it directly without having to involve ourselves in gambling which is used as an intermediary by the party organizing the idea. In general, I just hope that everything that is planned can run well and smoothly, or I mean hopefully the party organizing can really make this idea run effectively.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
December 15, 2024, 12:18:32 PM
It is a good intention, but on the other hand I do not agree with those who say gambling is gambling, and I feel like it is. However, charities that want to provide more aid or raise money, bring together benefactors with a game or gamify it with things like lottery, and if it is done in accordance with its purpose, a lot of aid money can be collected this way. In this way, service can continue for many people.
Me too, I don’t really see any problem with this charity gambling and like you’ve said, as long as it serves its purpose, gambling can go a long way not just to offer life-changing winning profits to all lucky gamblers, but to provide financial aid to the government that will be used to build medical health centers and different infrastructures that would ensure the welfare of the people.

While it may probably promote gambling addiction for those who have no self-discipline and control, that’s why it’s always a must to gamble responsibly to avoid future financial, mental and emotional crisis.

Good point, it may drive gambling addiction to those who don't know how to control, and we can't remove that though in terms of intensions if it serves the purpose then it's good to go, if that charity gambling really provide aid to those who needed help then it's up to those who's going to support to control themselves.

As long as there's real purpose there's no problem with this kind of charity gambling they may proceed and earn support.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
December 15, 2024, 10:33:39 AM
I am sure that everyone here will say that the intention of this idea is good, because after all helping each other is a good thing to do, but what I question here is the involvement with gambling, meaning whether from the beginning they really believed that they would be able to collect money from gambling and then donate it to people in need? Honestly, I am not sure about the success of that, although yes, victory is part of the end of the game besides defeat, but what I am worried about here is that in the long term they are far from luck which actually makes their capital disappear without a return. So in my opinion, what is more effective is not to involve gambling as an intermediary to solve various problems that are tied to finances, maybe there are some other options.
If your concern is that people might be at risk to fuel their addiction with gambling, you can actually go for direct donations which means you can still donate some good amount of your funds even without participating in the gambling activities. Or you can make some ticket purchases that support the charity organizations, sponsor some gambling events without the need for you to gamble, or go for silent auctions and bid on items, the proceeds will still go for whatever charity organization that this gambling casino supports.
hero member
Activity: 2940
Merit: 613
Winding down.
December 15, 2024, 10:12:57 AM
It is a good intention, but on the other hand I do not agree with those who say gambling is gambling, and I feel like it is. However, charities that want to provide more aid or raise money, bring together benefactors with a game or gamify it with things like lottery, and if it is done in accordance with its purpose, a lot of aid money can be collected this way. In this way, service can continue for many people.
Me too, I don’t really see any problem with this charity gambling and like you’ve said, as long as it serves its purpose, gambling can go a long way not just to offer life-changing winning profits to all lucky gamblers, but to provide financial aid to the government that will be used to build medical health centers and different infrastructures that would ensure the welfare of the people.

While it may probably promote gambling addiction for those who have no self-discipline and control, that’s why it’s always a must to gamble responsibly to avoid future financial, mental and emotional crisis.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 15, 2024, 10:11:25 AM
I am sure that everyone here will say that the intention of this idea is good, because after all helping each other is a good thing to do, but what I question here is the involvement with gambling, meaning whether from the beginning they really believed that they would be able to collect money from gambling and then donate it to people in need? Honestly, I am not sure about the success of that, although yes, victory is part of the end of the game besides defeat, but what I am worried about here is that in the long term they are far from luck which actually makes their capital disappear without a return. So in my opinion, what is more effective is not to involve gambling as an intermediary to solve various problems that are tied to finances, maybe there are some other options.
Charity should not involve gambling so people will know that their money will be used as charity. When they want to playing gambling, they will use the other money which they don't use for charity. But if they still involving gambling in the charity and they think that is more exciting, they can do that and attract more people to donate their money while gambling. People do not know after the gambling is ends and they collect the money but they believe that they can distribute the money to the right person. Besides that, people will also not know the success of that and only the organizer that will know and hopefully, they can do what they want to do to that money.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
December 15, 2024, 09:53:20 AM
I am sure that everyone here will say that the intention of this idea is good, because after all helping each other is a good thing to do, but what I question here is the involvement with gambling, meaning whether from the beginning they really believed that they would be able to collect money from gambling and then donate it to people in need? Honestly, I am not sure about the success of that, although yes, victory is part of the end of the game besides defeat, but what I am worried about here is that in the long term they are far from luck which actually makes their capital disappear without a return. So in my opinion, what is more effective is not to involve gambling as an intermediary to solve various problems that are tied to finances, maybe there are some other options.
If you think about it, for example, someone who has a role as a bookie opens gambling and the proceeds will be intended to be donated, actually this is good because there is a good side that will be done, but you are right in saying that it seems better not to involve gambling, if you really want to get donations to donate, maybe you can use other methods such as holding entertainment or other things that make more sense because I myself think it doesn't make sense to involve gambling.
Actually, for a profit or raising money by gambling, I think it can be done because there will definitely be benefits that can be obtained or money collected, it's just that it's not ethical in my opinion to raise funds to donate by gambling, but if it's already done, it's best to continue until the funds are collected and donated.
hero member
Activity: 1792
Merit: 728
December 15, 2024, 08:16:15 AM
I am sure that everyone here will say that the intention of this idea is good, because after all helping each other is a good thing to do, but what I question here is the involvement with gambling, meaning whether from the beginning they really believed that they would be able to collect money from gambling and then donate it to people in need? Honestly, I am not sure about the success of that, although yes, victory is part of the end of the game besides defeat, but what I am worried about here is that in the long term they are far from luck which actually makes their capital disappear without a return. So in my opinion, what is more effective is not to involve gambling as an intermediary to solve various problems that are tied to finances, maybe there are some other options.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
December 15, 2024, 04:19:12 AM
Usually companies have to resort to shenanigans like gambling due to tax reasons.
For example, if i want to donate money as a person, i can do however much i want, no problem. But in many countries, if a company, commonly known as entity wants to donate, they can donate up to a % of their income. If the donation exceeds that %, they pay taxes, regardless that it's a charity, as many countries are plagued my money laundering through donations.
Money laundering is what happens in the background. Giving the gamblers a chance to play on the charity to raise money and then using the donated money to launder it while little amount actually reaches those who are in need of it. This is a well known grey area and nobody is bothered about it because everyone does it.

So gamble if you wish to, dont justify it saying that you are doing it for charity, you are doing it for your own fun. And if you really want to support someone, pay them directly, not through an organization.
hero member
Activity: 1106
Merit: 526
Leading Crypto Sports Betting & Casino Platform
December 14, 2024, 03:39:16 PM
I see this with good eyes, after all with a regular donation you only get the feeling of doing the right thing for others that are in need, while with such an event you also get some fun out of the whole experience, and at the same time I would think this will be a more effective way to get funds for those organizations, which will help them to fulfill their mission in a more effective way, so for what I can see everyone wins with a gambling charity.
Not a bad idea at all, your comparison also did made some sense as it's almost exactly the same kind of experience just that with donations you do it at once but with gambling you first subject your donation to some level of risk just to see if you can further make robust donations away from what you have at hand and sometimes you don't really get lucky with it so it's for me better to make a one time donation at once.
I am still yet to come to full understand of how charity gambling is actually done, I've read the op and I think I've posted one comment on this before, but coming back here and reading comments, it looks to me like this is my first time on this thread.



Charity gambling have been around for a long while now, just like having a game for a friend, example of go fund me, the aim is to make money to support a cause and in this case the people involved have to have a single goal which is to generate income to support charity works, I have a musician in my country that organize games on each of his birthday to raise funds and when the fund are raised he share it to orphanage homes across the country, so this is a typical example of gambling for Charity.

What I have not come across or hard for now is a dedicated casinos that run for Charity, I don't know why we have not seen any of such casinos both online and cryptocurrency casinos that channel all the money to charity work's, this can be the next level of charity gaming where all the revenue of the casinos will go to charity only operational costs will be save to keep the casino running, I know we don't have such for now, but in the near future we will likely have on of such casino that operate pourly for Charity.
Quote
Does charity gambling imply a charity organization collecting donations from people, and then using the same money to gamble as a means of them trying to double the money to use for their charity work?
can see everyone wins with a gambling charity.
Something like that, but in this case it will not be hosted by an organization but a charity organization such as NGos and so on, although this kind of event is not so popular right now but we have individuals that arrange this kind of games and fund charity work.
hero member
Activity: 1400
Merit: 674
December 14, 2024, 02:48:10 PM

Some groups of people may have a way to attract attention, with gambling with the aim of charity that will look more elegant and some people I see they are interested in doing it with the game provided by the gambling provider.
They’re generally safe, especially since the prizes are huge.. we’re talking millions here. Most charity gambling involves lotteries, and some are even state-sponsored. It’s a way to contribute to a cause while also hoping for a life-changing win. After all, winning the lottery can completely turn your life around.

However for me, this isn’t a game to focus on if you’re into gambling. There are other games, like poker and sports betting, that offer a decent chance of winning based on skill, not just luck.
Yes I think it will end in subjective if we see what games we will play to follow the event, there are luck -based such as lottery and skills like poker, this is an optional choice where you will be interested in one of them, I think they are deliberately Give two categories of games to be chosen because not everyone has the ability to play and therefore there is also a full depending on the continuity like a lottery.

I support events like this if there is in my environment, let alone done outline maybe it will be more fun to be able to play poker with people around or new people who follow events like this.
legendary
Activity: 2198
Merit: 1232
December 14, 2024, 02:19:24 PM
It is a good intention, but on the other hand I do not agree with those who say gambling is gambling, and I feel like it is. However, charities that want to provide more aid or raise money, bring together benefactors with a game or gamify it with things like lottery, and if it is done in accordance with its purpose, a lot of aid money can be collected this way. In this way, service can continue for many people.
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
December 14, 2024, 02:15:17 PM
Usually companies have to resort to shenanigans like gambling due to tax reasons.
For example, if i want to donate money as a person, i can do however much i want, no problem. But in many countries, if a company, commonly known as entity wants to donate, they can donate up to a % of their income. If the donation exceeds that %, they pay taxes, regardless that it's a charity, as many countries are plagued my money laundering through donations.
hero member
Activity: 3010
Merit: 666
December 14, 2024, 02:14:12 PM

Some groups of people may have a way to attract attention, with gambling with the aim of charity that will look more elegant and some people I see they are interested in doing it with the game provided by the gambling provider.
They’re generally safe, especially since the prizes are huge.. we’re talking millions here. Most charity gambling involves lotteries, and some are even state-sponsored. It’s a way to contribute to a cause while also hoping for a life-changing win. After all, winning the lottery can completely turn your life around.

However for me, this isn’t a game to focus on if you’re into gambling. There are other games, like poker and sports betting, that offer a decent chance of winning based on skill, not just luck.
legendary
Activity: 3094
Merit: 1127
December 14, 2024, 01:41:12 PM
I see this with good eyes, after all with a regular donation you only get the feeling of doing the right thing for others that are in need, while with such an event you also get some fun out of the whole experience, and at the same time I would think this will be a more effective way to get funds for those organizations, which will help them to fulfill their mission in a more effective way, so for what I can see everyone wins with a gambling charity.
Not a bad idea at all, your comparison also did made some sense as it's almost exactly the same kind of experience just that with donations you do it at once but with gambling you first subject your donation to some level of risk just to see if you can further make robust donations away from what you have at hand and sometimes you don't really get lucky with it so it's for me better to make a one time donation at once.
Gambling for the sake of charity is kind of weird to me, though it can be better defendable if the gambler has a genuine reason for doing that, otherwise, donating directly is still the best way to go by in the way of charity. Some people might believe they will still lose that money but want to have a taste of fun with it. This could be some kind of hobby for them or social engagement (if that arrangement is physical). Either way, the help will still be made, however, we should not relax in giving sizeably and not dodge under gambling to do it meagerly.
We can do it really that without the needing on doing gambling if you are really just that planning to donate into a charity but we do know that there are some direct methods on doing it and not really that necessary on doing gambling but there are things that making gambling to be some sort of ways on attaching gambling or via lottery or sweepstakes on which this is really that indeed common but not all will really be that trying out to purchase ticket but actually if these amounts will really be that used into the sake of charity then it isnt that a bad idea on trying out to purchase some ticket at the same time you have done some charitable works. There are really those people who doesnt really like to deal up with something that in connection with gambling on which same have said that you can do it directly without dealing with gambling. Talking about lottery or sweepstakes on which the main reason on why some people are really that interested when it comes to lottery because the moment that you will be able to hit up such huge win then it will really be changing up on everything when it comes to financial aspect. This is where people do really get interested into and thats why they do really wanted up to make those purchases of tickets and surely that it will be forgotten that they are trying out to make some charitable works because the main thing that comes up into their mind is to hit up the jackpot.
hero member
Activity: 1400
Merit: 674
December 14, 2024, 01:39:38 PM
For my personal view while that is good intentions and while not using the management of money responsible by the gambler, I don't think it is bad, the problem of people's views in general about gambling is considered bad, I don't think it must The point of view of each, then in any game, whether it's a lottery, poker, even slot if anyone wants to do charity from his victory, I think it is very good and worthy of support.
I agree with what you say, while the goal is good and with good gambling, there is no problem anyway, their environment has such things to continue for social interests, and I think it's also good, even though in fact without gambling we can Doing charity without going through that, although it is fairly small I think it's far better than betting first, because at the same point, that is for charity.

Some groups of people may have a way to attract attention, with gambling with the aim of charity that will look more elegant and some people I see they are interested in doing it with the game provided by the gambling provider.
sr. member
Activity: 2618
Merit: 439
December 14, 2024, 01:27:42 PM
I wonder if such an organization aims to raise funds for charity, gets a few bad days and several players hit a good jackpot, then how will they cover these losses? After all, this is quite possible, especially if it is not a professional casino that has trained administrators who monitor order, and the profits of other casinos are much greater, so they can afford to cover such expenses.
Pretty sure that there is an organization behind this that has sponsors and other members ready to shoulder the expenses in case they spend a little too much than expected. Certainly cheating their way out of it won’t do them any good. This is the kind of things they need to consider before starting such project. As a participant, they won’t care at all about how the organization is going to pay them but they need to.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
December 14, 2024, 01:14:52 PM
I see this with good eyes, after all with a regular donation you only get the feeling of doing the right thing for others that are in need, while with such an event you also get some fun out of the whole experience, and at the same time I would think this will be a more effective way to get funds for those organizations, which will help them to fulfill their mission in a more effective way, so for what I can see everyone wins with a gambling charity.
Not a bad idea at all, your comparison also did made some sense as it's almost exactly the same kind of experience just that with donations you do it at once but with gambling you first subject your donation to some level of risk just to see if you can further make robust donations away from what you have at hand and sometimes you don't really get lucky with it so it's for me better to make a one time donation at once.
Gambling for the sake of charity is kind of weird to me, though it can be better defendable if the gambler has a genuine reason for doing that, otherwise, donating directly is still the best way to go by in the way of charity. Some people might believe they will still lose that money but want to have a taste of fun with it. This could be some kind of hobby for them or social engagement (if that arrangement is physical). Either way, the help will still be made, however, we should not relax in giving sizeably and not dodge under gambling to do it meagerly.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
December 14, 2024, 12:56:12 PM
.... So it seems to me that the people they will help are just being used as an attraction so that someone will put money into playing at their casino.

That is one of the main purposes of charity gambling actually, to provide a cope medium for gamblers to continue to come back to the casino even though they have lost money repeatly to the house. It is easier for them to say "Well, at least the money I lost will be used in part for a good cause and help others, it is not a complete loss".
It is a very complex and effective psychological marketing strategy being pulled off by casinos (specially casinos privately owned) in order to increase the volume of money wagered by gamblers.
In the end, there will be always people within a community (gamblers or not) who will have a softer heart than others and will be willing to give away a little of money for them to feel better about themselves.
Ironically, it is a similar strategy which is used by streamers and even the Catholic church to increase the amount of money donated to their organizations.
Pages:
Jump to: