Credit card bans introduced in Ireland. - page 3.

TheGreatPython

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Quote from: blockman on August 31, 2021, 04:54:31 PM

People from there can simply use their credit cards to buy cryptocurrencies and deposit them to a bookie that's supported in their country. That's just one way and for sure that gamblers there will find several ways to continue what they've been doing.

I think crypto gamblers are quite limited and if such a method is being exploited, there might be some action against such transactions as well. Actually, people can also deposit the money to skrill and Neteller and then gamble quite easily but I am sure there must be some rules on these transactions too. Maybe e-wallets transactions made by credit cards are not allowed to gamble as well.

Quote from: blockman on August 31, 2021, 04:54:31 PM

At least on their government, they're showing that they care for those people that just kept on using their credit cards in gambling. There's two factor that's being done, stopped them from using their credit cards unwisely and controls them to become addicted.

I don't understand why they can't impose a ban on gambling if they are actually worried about it. It's similar to government ads about how harmful the consumption of tobacco is but still allowing those to be sold in the market.

Either you wipe the problem or don't pretend to speak against it. I don't like these political moves, they earn a lot from casino taxes so they want the casinos to run but at the same time, they want to look good among their people.

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Quote from: Lucasgabd on September 01, 2021, 08:57:10 AM

Quote from: Renampun on August 31, 2021, 04:21:14 PM

I've also read that many gamblers who use credit cards but ultimately can't afford to pay...

If a gambler is authorized to use a credit card in a casino then it will be very dangerous for the gambler as well as the credit card party. In this case, the lender will certainly be at a loss if the borrower is unable to pay their loan. One bad habit of gamblers is that it is difficult to pay loans

now here's the thing
who should be the responsibility for that?
the gambler who didn't control himself, the casino owner or the government?
I tend to believe we should make the people responsible for their decisions

It always end up to the client/user's fault, the casino owner is just doing business while accepting payment and gaining profit, the same time on the credit card party even the lender didn't pay (I guess for some reasons), government get tax from the casino. So, if the gambler is at loss while using the loan on gambling then, he will suffer it the end if he can't pay the loan amount.

Lucasgabd

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Quote from: Renampun on August 31, 2021, 04:21:14 PM

Quote from: DoublerHunter on August 31, 2021, 03:34:16 PM

Quote from: mu_enrico on August 31, 2021, 12:32:10 PM

Quote from: mindrust on August 30, 2021, 04:15:43 PM

...

^ I fully support it 100%.
This is because that probably their government thinking about their people not becoming problematic when it comes to their financial status and yes, there is a large percentage that gamblers will be burden into huge debt when debit cards are allowed to use in gambling. But it does mean they had no option but at least they had a limit when they only have cash on their hand or in online gambling they use cryptocurrency, less percentage of having debt and avoid using a debit cards.

I've also read that many gamblers who use credit cards but ultimately can't afford to pay...

If a gambler is authorized to use a credit card in a casino then it will be very dangerous for the gambler as well as the credit card party. In this case, the lender will certainly be at a loss if the borrower is unable to pay their loan. One bad habit of gamblers is that it is difficult to pay loans

now here's the thing
who should be the responsibility for that?
the gambler who didn't control himself, the casino owner or the government?
I tend to believe we should make the people responsible for their decisions

Fundamentals Of

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Quote from: Kittygalore on August 31, 2021, 10:17:12 PM

Quote from: Fundamentals Of on August 31, 2021, 09:44:25 PM

Quote from: Kittygalore on August 30, 2021, 11:58:47 PM

~

You probably misunderstood what I'm saying. I am not saying this ban will stop gamblers. The ban is not even designed to stop gambling in the first place. Gamblers are still allowed to gamble. What is not allowed is the use of credit card in gambling. So if gamblers would continue to gamble, there is no problem for as long as they won't be using their credit cards.

This is not the government doing something for the sake of having something to do. This is just probably you saying something for the sake of saying something.

You clearly said that this policy will protect the gamblers meaning that they aim to reduce the gambling in the country. Probably a proper sentence structure could have helped me comprehend some parts of it you know so I won't be "saying something for the sake of saying something."

I clearly said that, yes, so what's the problem? This policy is indeed meant to protect the gamblers. What is this credit card ban for as far as your understanding is concerned?

For god's sake, did you even read the article linked in the OP? Or did you just find any reply here to which you could also make a reply just to make a post?

May I repeat, this policy is meant to protect the gamblers. There is nothing whatsoever in this sentence of mine that is confusing.

xSkylarx

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Quote from: leea-1334 on September 01, 2021, 03:13:56 AM

Quote from: btc_angela on August 31, 2021, 02:00:12 AM

Yes, most probably it's going to be cash money for gambling. No more credits are you will sink deep in your knees and it's going to be hard to pay your gambling debts. And maybe this is what the government of Ireland is trying to do. Protect them from incurring charges from the banks itself because most likely this gamblers can't pay on time.

Ah I see,,, do not know why I did not see it earlier. So it is just a problem of gambling on credit, which is one of the worst reasons to borrow money. Then I fully support this actually. Although,,, they should make allowance for debit card since debit is just paying on a balance you own. Credit cards are a big problem even here where I live, people just spending money they actually do not have.

Well you have really a point spending the money that you will be paying it later on. well that is really the purpose of credit card since people likes not bring money and using their card and pay it though it is still okay but when you reach your spending limit then thats not good really since you really spend a lot of money which youve reach it. You will really sink into debts and having hard time in paying it.

rodskee

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Quote from: Zilon on September 01, 2021, 12:59:11 AM

I think people who reside in Ireland would know for sure if the decision is for their good or not I am not in support of either the gambling companies , the gamblers nor the Ireland government it could be a way of managing the extent to which gambling addiction or helping their citizens manage funds.

if they will be given a plebiscite chance then why not they will decide for this right? though surely majority that will vote is gamblers and the non gamblers will oppose but of course the last decision is from the government and depend if whos will Lobby for the answer.
gambling company wills surely do their best and spent millions of dollars just to hinder this because this will cost them a big losses as gamblers that cannot afford to use fiat will need to wait for their monthly paycheck to play again.

leea-1334

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Quote from: btc_angela on August 31, 2021, 02:00:12 AM

Yes, most probably it's going to be cash money for gambling. No more credits are you will sink deep in your knees and it's going to be hard to pay your gambling debts. And maybe this is what the government of Ireland is trying to do. Protect them from incurring charges from the banks itself because most likely this gamblers can't pay on time.

Ah I see,,, do not know why I did not see it earlier. So it is just a problem of gambling on credit, which is one of the worst reasons to borrow money. Then I fully support this actually. Although,,, they should make allowance for debit card since debit is just paying on a balance you own. Credit cards are a big problem even here where I live, people just spending money they actually do not have.

iv4n

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You can limit yourself without a credit card ban! I see this as the last measure, but even that will not have effects if someone wishes to gamble!
I don't understand why this is needed, people who want to do something will find a way to do it, more banned options will lead people to search for new options, mostly on the dark side, where chances for them to be scammed are going up!
It's better to educate people, to open workshops where people can learn about negative sides of gambling, a place where people can learn to control themselves... that can make their life better overall, just banning credit cards is almost like nothing... hiding under the table while atomic bomb is going your way! Do you really think that table can save you?

Zilon

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I think people who reside in Ireland would know for sure if the decision is for their good or not I am not in support of either the gambling companies , the gamblers nor the Ireland government it could be a way of managing the extent to which gambling addiction or helping their citizens manage funds.

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Quote from: Kong Hey Pakboy on August 31, 2021, 09:05:29 PM

Quote from: mindrust on August 31, 2021, 01:12:18 AM

That's also possible what what other choice these people have now other than using crypto? If they regulate crypto then these people still won't stop playing magically. They will find a local casino this time. I never saw a gambling addict that stopped playing because it was illegal to play. They always find a way.

Exactly, the restrictions aren't going to do anything to solve the issue of gambling in the country and that these addicts will only find a way as you've already said. Maybe if they deal with the demand then they might be able to reduce the gambling issue but they aim for the supply which doesn't exhaust.

The restrictions will work temporarily and after the gambler gets in the way, they will still gambling and have fun again.
The addicted's people to gambling can use many ways to find the other gambling place and if they can not use a credit card, they can easily figure out what they should use.
And if somehow they found crypto as their bet, they will be happy because they can play gambling without tracking from their banks.
When they can engage in crypto, they will see that crypto have many options of the coin to gamble and they can pick one or two coins to fills their needs in gambling.

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Quote from: blockman on August 31, 2021, 04:54:31 PM

People from there can simply use their credit cards to buy cryptocurrencies and deposit them to a bookie that's supported in their country. That's just one way and for sure that gamblers there will find several ways to continue what they've been doing.

Well that is the basic way of using credit cards mate because person who has this knows that it is His privilege having cards.

Quote

At least on their government, they're showing that they care for those people that just kept on using their credit cards in gambling. There's two factor that's being done, stopped them from using their credit cards unwisely and controls them to become addicted.

this is one good point because at least the government of Ireland is willing to do anything to help their people not becoming addicted .
as this will make their economy down if the addiction spreads more.

perfect999

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Quote from: Lucasgabd on August 31, 2021, 03:50:13 PM

it's interesting to think the government is interested in protecting people too when this is usually not the case, but yes you are right, gambling can be quite a big social problem and it pays to protect people from it, the credit card ban is just a reflection of other things in society

It's a good step and in the right direction because credit cards are quite the fastest way of gambling while other methods may take time and hence a ban on credit cards on gambling helps a lot.

Some people who are speaking against such decisions don't understand how gambling can ruin lives and how addictive it is. I have been there and I have seen people doing mad things for this addiction so I always appreciate such moves. It's not that I am against gambling but there must be ways to ensure that people are not losing more than they should and then chasing the losses, which never ends.

Kittygalore

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Quote from: Fundamentals Of on August 31, 2021, 09:44:25 PM

Quote from: Kittygalore on August 30, 2021, 11:58:47 PM

~

You probably misunderstood what I'm saying. I am not saying this ban will stop gamblers. The ban is not even designed to stop gambling in the first place. Gamblers are still allowed to gamble. What is not allowed is the use of credit card in gambling. So if gamblers would continue to gamble, there is no problem for as long as they won't be using their credit cards.

This is not the government doing something for the sake of having something to do. This is just probably you saying something for the sake of saying something.

You clearly said that this policy will protect the gamblers meaning that they aim to reduce the gambling in the country. Probably a proper sentence structure could have helped me comprehend some parts of it you know so I won't be "saying something for the sake of saying something."

Fundamentals Of

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Quote from: Kittygalore on August 30, 2021, 11:58:47 PM

Quote from: Fundamentals Of on August 30, 2021, 10:14:27 PM

I think I agree with this new policy introduced in Ireland. This will protect people from getting drowned into gambling. It is all right to gamble of course. But it has to be made sure gambling will remain as a past time activity and gambling expenses kept at a minimum. Gambling using credit is not a wise thing. Money spent for gambling should be the excess or the extra savings. Credit card gambling is like borrowing money for the sake of wasting it over gambling.

That's not gonna stop gamblers, they can just use fiat for gambling plus it's not like they banned the use of ATMs in the country so there's still a way, this is just the government doing something just to say that they're doing something. Also, you don't say that kind of BS with money used by this people for gambling, they know that it can be used for savings but they don't want to, what part of gambler that you don't understand?

You probably misunderstood what I'm saying. I am not saying this ban will stop gamblers. The ban is not even designed to stop gambling in the first place. Gamblers are still allowed to gamble. What is not allowed is the use of credit card in gambling. So if gamblers would continue to gamble, there is no problem for as long as they won't be using their credit cards.

This is not the government doing something for the sake of having something to do. This is just probably you saying something for the sake of saying something.

Kong Hey Pakboy

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Quote from: mindrust on August 31, 2021, 01:12:18 AM

Quote from: Kong Hey Pakboy on August 30, 2021, 09:06:07 PM

~~~

That's also possible what what other choice these people have now other than using crypto? If they regulate crypto then these people still won't stop playing magically. They will find a local casino this time. I never saw a gambling addict that stopped playing because it was illegal to play. They always find a way.

Exactly, the restrictions aren't going to do anything to solve the issue of gambling in the country and that these addicts will only find a way as you've already said. Maybe if they deal with the demand then they might be able to reduce the gambling issue but they aim for the supply which doesn't exhaust.

semobo

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Quote from: doomloop on August 31, 2021, 12:08:27 PM

Quote from: semobo on August 31, 2021, 11:23:33 AM

Banning of credit cards for gambling activities will increase the crypto gambling for sure, anyone remembers when people actually started recognizing bitcoin when the government banned the payment processors for WikiLeaks website donations that is when the first bump for the bitcoin happened.

I agree. When there are restrictions for traditional things then modern things will find a boom. In my opinion, banning anything related to gambling will not serve the actual purposes as gamblers will find another method to simply continue their actual routines.

You can read this story in the wikipedia page of bitcoin itself and next in 2013 the coinbase let bitcoin to grow further, I learned about this in a documentary video a long back itself.And you also got the point banning anything will not completely stop the process or activity the users will find the other ways to do it and since only the credit card companies stop not the government so its also legally right.

hello_good_sir

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Quote from: fiulpro on August 30, 2021, 12:10:19 PM

Bookmakers have agreed to an industry wide ban on credit cards apparently they are a part of an updated code of safe gambling practices introduced by IBA. Therefore if you do live in Ireland then you have to take care of these things. It will be both applicable in online and offline shops.

Probably had a few too many complaints from people who are trying to charge back their losses.

It's nothing special I think and a matter of time before all other countries follow suit.

Given that credit cards are reversible, it's simply not a good means to conduct wagers that are supposed to be the final regardless of outcome. Besides, credit card issuers shouldn't be allowing people to gamble on borrowed money in the first place.

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Quote from: Johnyz on August 31, 2021, 06:06:53 PM

No one can stop you if you are really into gambling since there's a lot of options that you can choose from if you really want to gamble, its just that you can't borrow money from the banks using their credit cards directly for your gambling activities, but there's still away. This is a good move from the Ireland government, many credit card holders are irresponsible they are using their cards beyond their control, which makes them drowning in big debts.

The point here is, their government is making some moves to avoid the loss of wealth of their citizens by drowning in this addictive habit and I think they won't consider doing this until they have proven the result. Most likely the statistics told them that most of the people that have huge debt are those often used their credit card for gambling. By removing this feature in their country, they can minimize the damage but it doesn't mean they can totally stop it. But you can say their government is taking care of them and when they still persist in doing so in another way, then that'll be their problem in the future.

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Quote from: Baofeng on August 31, 2021, 05:05:28 PM

Quote from: tippytoes on August 30, 2021, 06:21:55 PM

Gamblers will always find a way how to bet on their sports. This is just one way to limit their credit card usage. Maybe, the government is also receiving complaints from these credit card providers so they take action where they have control over with. But I do agree that these regular gamblers, they can go beyond their means if they need to just to gamble.

I doubt that the credit card providers are going to complain to the governments because some holders are not paying or can't pay. It's not a lost for them, banks are big, it won't put a dent on their business, on the contrary it's a win-win for them. The only reason why governments are going this far is that they want to control gamblers, or at least not to get them addicted but I don't think it will work in the long run as gamblers will always go and beyond and find another way to continue playing with cold cash.

The other way to get around this measure could be by using cryptos. Then I like this kind of regulations against fiat gambling because it benefits to cryptocasinos and cryptosportsbooks at the end, and to crypto adoption more broadly speaking.

Johnyz

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Quote from: blockman on August 31, 2021, 04:54:31 PM

People from there can simply use their credit cards to buy cryptocurrencies and deposit them to a bookie that's supported in their country. That's just one way and for sure that gamblers there will find several ways to continue what they've been doing.
At least on their government, they're showing that they care for those people that just kept on using their credit cards in gambling. There's two factor that's being done, stopped them from using their credit cards unwisely and controls them to become addicted.

No one can stop you if you are really into gambling since there's a lot of options that you can choose from if you really want to gamble, its just that you can't borrow money from the banks using their credit cards directly for your gambling activities, but there's still away. This is a good move from the Ireland government, many credit card holders are irresponsible they are using their cards beyond their control, which makes them drowning in big debts.

Topic: Credit card bans introduced in Ireland. - page 3. (Read 897 times)