Charity Gambling - page 2. | Bitcointalksearch.org

Dewi Aries

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Quote from: D ltr on December 14, 2024, 08:29:29 AM

Quote from: eisen33 on December 13, 2024, 10:19:30 AM

The goal is to raise funds for charity from gambling people who would like to be involved in charity, but do not find the money and time for this? ) It looks funny, if such a thing exists, then why not.

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.

That's right, actually there's nothing wrong with this, charity can come from anything even if it's from gambling, if they are willing to give charity from the profits they make from gambling, it doesn't matter in my opinion, the important thing is that their intentions are good.
Honestly, I have never seen anyone gambling for charity in my country, but I applaud this idea

If we refer to the purpose, there is actually nothing wrong because in any case helping each other or caring for others who are more in need is a good action and deserves to be appreciated, as long as the method allows to realize the goal then there is no problem and nothing wrong, but on the other hand what I think is the problem here is in terms of the method, the reason is as we know that gambling is an activity of chance where you will only win when you are lucky and also on the other hand gambling has a risk part, or what I mean is that there is no certainty and guarantee that you will win at the end of the game, that is what I am questioning here and not the goal, what I am worried about is that instead of generating winnings to be donated, what happens is the opposite, where they actually lose a lot of money and of course that will cause many more serious problems. Wink

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Quote from: D ltr on December 14, 2024, 08:29:29 AM

Quote from: eisen33 on December 13, 2024, 10:19:30 AM

The goal is to raise funds for charity from gambling people who would like to be involved in charity, but do not find the money and time for this? ) It looks funny, if such a thing exists, then why not.

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.

That's right, actually there's nothing wrong with this, charity can come from anything even if it's from gambling, if they are willing to give charity from the profits they make from gambling, it doesn't matter in my opinion, the important thing is that their intentions are good.
Honestly, I have never seen anyone gambling for charity in my country, but I applaud this idea

This is a very common way to raise funds in some countries, with even schools and churches engaging on it, since people are more willing to give their money away if they get something in return, and gambling is the perfect way to get people to do this, as you do not need them to give any product and instead you give them a little bit of fun, which can be just as valuable since people are very stressed these days and what they need more than anything is to relax.

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Quote from: eisen33 on December 13, 2024, 10:19:30 AM

The goal is to raise funds for charity from gambling people who would like to be involved in charity, but do not find the money and time for this? ) It looks funny, if such a thing exists, then why not.

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.

That's right, actually there's nothing wrong with this, charity can come from anything even if it's from gambling, if they are willing to give charity from the profits they make from gambling, it doesn't matter in my opinion, the important thing is that their intentions are good.
Honestly, I have never seen anyone gambling for charity in my country, but I applaud this idea

gunhell16

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I think it's not just our country that has a government charity program, because there have been such programs in our country for decades, and even in other private gambling businesses they also have charity programs.

And of course if there are no gamblers who will come in and deposit money on their platform, they will not be able to provide any help for their charity purpose. 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.

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Quote from: Zigabel on December 13, 2024, 03:37:19 PM

Quote from: South Park on November 28, 2024, 11:09:30 AM

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.

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?
If this is how and what I understand it to be or mean, then it makes no sense at all, what those guys do is pure gambling and there is no better way to put it, gambling with funds donated for charity can be a very big offence in some countries, if the charity company gamble with the fund and lose it, those responsible could be held and charged with embezzlement of public fund.

Like I said before, I am yet to come to full understand of how the charity gambling works, I will try to read more so to understand it better, but if it's like what I said above, then it's not an ideal that sits well with me.

nara1892

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The goal is good, namely to help others by using money from winnings in gambling, but on the other hand I think this method is less reasonable, because in general, as we know, gambling is an activity that can never be predicted, and as we often hear that anyone should not have the intention or hope to get a lot of money from gambling because in the end it will only lead you to regret and excessive emotion.

On the other hand, maybe I will also ask about whether the capital for gambling is borne by each gambler or is there a party responsible for it? but for the problem regardless of who provides the capital, I think in the end this method will most likely only waste money rather than make money

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This is actually the first time I will hear about charity gambling, thanks for the information OP, I haven't seen such happen in my country before but if it is happening in other countries then there must be some part that's beneficial.

All I can say about this is that gambling has no other name than gambling, this can have influence on people even more because this days people are looking for any good opportunities available, the intent behind all this is still to bring in more gamblers as possible.

As for me I don't need to do this, charity is charity and it should be far away from gambling, I won't ever do this or promote this idea in any way.

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Quote from: Zigabel on December 13, 2024, 03:37:19 PM

Quote from: South Park on November 28, 2024, 11:09:30 AM

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 don't think this is a wise thing because in the end, even though the initial goal was decided that it was for Charity, but in the end when it is done by gambling, is this just an excuse to channel the desire to gamble but don't want to be perceived negatively?
Even though in the end this may be the result of helping those in need, it does not rule out the possibility that there could be another intention to be able to bring up someone's intention to gamble more when after this Charity gambling is finished.

Because in the end we cannot close the fact that the beginning of gambling is just trying and when there are some people who do this program where charity is combined with gambling, isn't this indirectly supporting and voicing the spread of gambling indirectly but in a more elegant way than the usual promotion.

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Quote from: Oluwa-btc on December 13, 2024, 04:38:20 PM

Quote from: Ambatman on November 15, 2024, 05:19:04 PM

I know we say intent counts but Gambling is Gambling.
Even if it's for Good cause it doesn't negate the risk of gambling addictions.

Tho I haven't heard of this before but I think it's sure a good idea but in the other hand it's not encouraging cause yes people are struggling to survive addictions and this medium could really make them go back to their old ways of gambling so looking at the brighter side it'll sure be helpful to people in need but then I see this as a way gamblers want to give back to the society.

gambling being gambling doesn't mean that refusing to do it in a way that will be useful to the public would mean that you won't be addicted. Iether you do charity gambling or not, if you gamble irresponsibly you will end up becoming an addict. Thinking of using gambling to carry out a charitable course is a sign that you're still in charge and that you're on track as far as your gambling journey is concerned.

At the end, it's your choice to support a charitable program using whatever format you dim fit to work with. If you're a sports lover, you can organize a novelty football match and use it to support the course, depending on the nitch you're in, you can choose to use it to carry out your course.

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Quote from: Oluwa-btc on December 13, 2024, 04:38:20 PM

Quote from: Ambatman on November 15, 2024, 05:19:04 PM

I know we say intent counts but Gambling is Gambling.
Even if it's for Good cause it doesn't negate the risk of gambling addictions.

Tho I haven't heard of this before but I think it's sure a good idea but in the other hand it's not encouraging cause yes people are struggling to survive addictions and this medium could really make them go back to their old ways of gambling so looking at the brighter side it'll sure be helpful to people in need but then I see this as a way gamblers want to give back to the society.

Well we don't really know the amount that is being giving as donations, if it is about 5% or less from every gambling win I think it is an amount that gamblers can afford to give out but still even if it is an amount of money that is very small and people can give without being disturb it doesn't make sense for such thing to take place in gambling.

Many people are struggling with addictions and the society needs to be concern about it on how to help to come out from the situation instead of collecting from them mo matter how small the amount may be. They are generating money from gamblers who are addicted and no knows how this set of persons got the money being used in gambling.

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Quote from: Jating on November 15, 2024, 04:55:41 PM

Have you heard of Charity gambling?

Quote

Charity gambling is a "form of incentivized giving" where a charity (or a group of charities), rather than a municipality or private casino, oversees gambling activities such as bingo, roulette, lottery, and slot machines and uses the proceeds to further its charitable aims.

https://en.wikipedia.org/wiki/Charity_gambling

What's your thoughts on this? Is it a creative way to raise funds for a good cause? Or will it simply promote gambling?

Others might say that it conflict with charitable values as it linked to gambling-related harm. Have you been in one of this charity gambling in your locals?

One example of this kind of charity gambling is the Dutch Postcode Lottery.

~

I don`t like it. If i decide to give money or something for some charity programs, i don`t need to gamble for it. If you need additional instruments for charity - you don`t need charity as for me.
Such activities i can split in 2 groups. One group is when some people comes together to share their money and to spend time themselves. The other group attracts any gamblers to use their money for charity.
I can agree with the first group - for them it doesn`t matter what they do, it can be lottery or some concert, or some other event, but the second group just use others` weakness.

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Quote from: Ambatman on November 15, 2024, 05:19:04 PM

I know we say intent counts but Gambling is Gambling.
Even if it's for Good cause it doesn't negate the risk of gambling addictions.

Tho I haven't heard of this before but I think it's sure a good idea but in the other hand it's not encouraging cause yes people are struggling to survive addictions and this medium could really make them go back to their old ways of gambling so looking at the brighter side it'll sure be helpful to people in need but then I see this as a way gamblers want to give back to the society.

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I don't think gambling and charity fit in the same phrase. You sure can have that very noble goal but the mean to achieve it is not very noble isn't it as gambling is not considered a noble behavior. Most people do not care about the norms and it is really difficult to find someone who is a gambler and love to donate to charity foundations. Sure some casinos can claim that they do give like 2% of each deposit people make to such foundations yet I have to see one online happening of such thing and this can act as a catalyst to more other casinos to join such noble ventures, despite money thrown into it as I said, coming from gambling is not at all very noble. There is big contradiction in here and that is the reason I think why I have not seen such joint ventures happening so far.

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Quote from: South Park on November 28, 2024, 11:09:30 AM

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.

eisen33

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The goal is to raise funds for charity from gambling people who would like to be involved in charity, but do not find the money and time for this? ) It looks funny, if such a thing exists, then why not.

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.

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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.

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Quote from: Jating on November 15, 2024, 04:55:41 PM

Have you heard of Charity gambling?

I mean I heard that some people do cashout their winning and give some their profit into charity. But I didnt still get it about the charity gambling in general the wikipedia said "Charity gambling is a "form of incentivized giving" where a charity (or a group of charities), rather than a municipality or private casino, oversees gambling activities such as bingo, roulette, lottery, and slot machines and uses the proceeds to further its charitable aims."

What the meaning of that, Is it the charity uses gambling for the good cause or the charity accept gambling winning. Well both of them for the good cause I mean profit is profit and if you take that for the good thing why not right

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Quote from: Jating on November 15, 2024, 04:55:41 PM

Have you heard of Charity gambling?

Quote

Charity gambling is a "form of incentivized giving" where a charity (or a group of charities), rather than a municipality or private casino, oversees gambling activities such as bingo, roulette, lottery, and slot machines and uses the proceeds to further its charitable aims.

https://en.wikipedia.org/wiki/Charity_gambling

What's your thoughts on this? Is it a creative way to raise funds for a good cause? Or will it simply promote gambling?

Others might say that it conflict with charitable values as it linked to gambling-related harm. Have you been in one of this charity gambling in your locals?

One example of this kind of charity gambling is the Dutch Postcode Lottery.

https://www.postcodelotterygroup.com/what-we-do/nationale-postcode-loterij/

I think there will be costs that require the 'charity casino' to fund its operations. And if that funding is taken from the casino profits then the entire concept goes back to being a casino with a charity aspect.

How much of the profits go to charity? And which charities does it go to?

Who will be overseeing that there is no foul play? Will there be audits or something from a third party?

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Quote from: Onyeeze on November 19, 2024, 04:57:19 PM

I have not come across charity gambling before this is my first time for me to hear about charity gambling but based on what I read and the some point they figure out for the charity gambling I don't think that yes anything different or new it that look strange or new in gambling, it is quite understanding that gambling is a gambling in respective how you manipulate it or how you understand it it is called a gambling I will really suggest another means if someone want to involve in charity there be a direct freewheel donation to any person that I want to do charity for not as in form of gambling because as it has been tagged gambling charity it is obvious that everyone knows what gambling is all about and the gambling does not have a charity method to operate

You know if we look at it literally, in the eyes of most people, gambling is bad and in others it is different, it depends on how we handle gambling. But of course I also agree
that gambling is not advisable for those who are not yet adults or children.

Now, from another angle, the lives of other gamblers may also be ruined because of gambling but in the end if this is charity gambling, at least it still helps poor people who do not have the capability to pay for the hospital, for example only.

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Quote from: Oluwa-btc on November 28, 2024, 12:28:38 AM

Quote from: Ambatman on November 15, 2024, 05:19:04 PM

I know we say intent counts but Gambling is Gambling.
Even if it's for Good cause it doesn't negate the risk of gambling addictions.
Instead of gambling why not directly donate to the charity
This would be better and reduces cost of setting up the gambling platform.

Nope never heard of it, but the name doesn't really change much to me.

Inasmuch as I've not heard about this before "Charity Gambling"using charity should not be used to manipulate the mindset of people aswell.Normally,it's fun to gamble and we all know it's not something that we should promote.It could be a medium to scam and extort money from not just gamblers but people entirely.The road to donate for charity is right before you;irrespective of irrelevant persuasions, don't fall for it.

I’m actually familiar with this charity gambling, whether it could be good or bad, everything depends on how the purpose is executed. If this kind of activity is properly managed and guided that its proceeds will surely go to the beneficiaries, then I could say that having this charity gambling can also be useful.

But if this is kind of a modus or strategy of the casino to attract high engagement from the players, hence it should not be promoted or supported. Gamblers should still be cautious on where to trust and put their funds.

Topic: Charity Gambling - page 2. (Read 1545 times)