Crypto gambling sites should be careful of bringing eSports in - page 2.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Beparanf on October 06, 2020, 11:47:12 AM

Quote from: STT on October 01, 2020, 03:29:38 PM

KYC is a slight impediment, its most of all a discouragement to legitimate usage then actually stopping anyone underage gambling. If they want to they will like alot of things like smoking or drinking, obviously its better to educate then expect to eliminate the idea. Teach kids maths and probability analysis is a greater help then putting up a sign saying no its adults only, thats almost an encouragement and thats been true probably forever.

Kids nowadays tries more to do things that are not allowed for them and knowing how popular esports now, there's really a chance that they will enter into gambling sites due to betting, that's why parents need to guide them in a way of limiting their money or teaching them how to be smarter in betting or to limit themselves since sooner or later if they really want to they will soon to do it anyway, parental guidance is only needed as their are the one who gives money and sees the activities of their children.

I think that makes kids become smart and seems to know many things than their parents. Their passion for learning something is bigger, and they are still trying to find out by searching in more sources. We don't know if they are playing games only or playing games with the money involve because sometimes, they played with their friends in someplace.

We don't have to guide them to know about betting because that can make them have a big curiosity. And if that happens, they will try to learn more about betting, and in the end, they can become addicted to betting. We'd better advise them about the danger of playing gambling, and we always remind them not even to try to gamble with their friends.

pankowri

member

Activity: 728

Merit: 63

$CYBERCASH METAVERSE

Quote from: TedMosby on September 04, 2020, 04:42:23 AM

Quote from: slaman29 on September 04, 2020, 03:07:03 AM

Micro-transactions. I don't know anyone who doesn't hate it (except the people who actually play the games and spend their money on it of course).

It's a really clear way of gambling for me, but to others it's just chance that they're not forced to pay for. Brilliant strategy and it's only a matter of time before this gets regulated.

yeah, it's an approach for soft gambling.
they spend diamonds/gems/or whatever they named it, to get a chance to win premium items such as skin, weapon, etc.
the funny thing is, sometimes it is more interesting than the gameplay itself.

Yes it's becoming popular and people are getting panicked to catch those tricky things. By the way, some people are suggesting KYC program for crypto gambling but it won't work a lot to prove legitimate usage. Because we have already seen that KYC program can't verify a person or people often use fake things but system verify them as valid participation. Need proper guidelines and strick monitoring policy like parenting to the children's.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: Beparanf on October 06, 2020, 11:47:12 AM

Quote from: STT on October 01, 2020, 03:29:38 PM

KYC is a slight impediment, its most of all a discouragement to legitimate usage then actually stopping anyone underage gambling. If they want to they will like alot of things like smoking or drinking, obviously its better to educate then expect to eliminate the idea. Teach kids maths and probability analysis is a greater help then putting up a sign saying no its adults only, thats almost an encouragement and thats been true probably forever.

Kids nowadays tries more to do things that are not allowed for them and knowing how popular esports now, there's really a chance that they will enter into gambling sites due to betting, that's why parents need to guide them in a way of limiting their money or teaching them how to be smarter in betting or to limit themselves since sooner or later if they really want to they will soon to do it anyway, parental guidance is only needed as their are the one who gives money and sees the activities of their children.

Parenting or Guidance is mainly needed when raising up your children but when the time comes where they do decide things on their own into particular things then
even how strict you are when it comes to monitoring then you cant totally say that you will able to stop them thats why it is really much better if you do explain to them on whats the risk of gambling and the possible unfortunate things that will give out to you if you do let yourself involved with it too much.
For in talks of gambling sites on bringing esports in then this had already been done and of course as a business you will really choose or add up things that
will bring out more revenue knowing that esports is getting bigger as years passed.

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: STT on October 01, 2020, 03:29:38 PM

KYC is a slight impediment, its most of all a discouragement to legitimate usage then actually stopping anyone underage gambling. If they want to they will like alot of things like smoking or drinking, obviously its better to educate then expect to eliminate the idea. Teach kids maths and probability analysis is a greater help then putting up a sign saying no its adults only, thats almost an encouragement and thats been true probably forever.

Kids nowadays tries more to do things that are not allowed for them and knowing how popular esports now, there's really a chance that they will enter into gambling sites due to betting, that's why parents need to guide them in a way of limiting their money or teaching them how to be smarter in betting or to limit themselves since sooner or later if they really want to they will soon to do it anyway, parental guidance is only needed as their are the one who gives money and sees the activities of their children.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: chaser15 on October 01, 2020, 02:50:24 PM

Quote from: Becky666 on October 01, 2020, 02:35:38 PM

Guiding the children mostly when online should be well encourage among parents not to have or raise gamblers addict. Never allow the child surf the internet without parents guide.

This is something parents can't easily do. It's not that easy as kids nowadays are mostly techy.

Instead of monitoring their kid's activity regularly, concerns about gambling can be brought by parents during a talk on their kids, either during breakfast, lunch, dinner, bedtime, or any time of the day.

And E-sports gaming is mostly involved by youth. Therefore, there will always be a time that these kids will play those games and their parents won't know it. So the best thing to do is to include it in the daily discussion between parents and their kids to always remind that playing such games should be treated moderately (don't prevent them from playing these games).

I agree that this is simply impossible, we cannot be there supervising everything that they do and see if they are not doing something wrong like gambling, if we want that kids do not gamble then we need to explain to them why this is a bad idea and why if they want to do it they need to wait until they are of legal age since they are simply too young to understand the consequences of their actions and they may start to gamble thinking it is just another video game not realizing they are losing money in the process.

STT

legendary

Activity: 4102

Merit: 1454

KYC is a slight impediment, its most of all a discouragement to legitimate usage then actually stopping anyone underage gambling. If they want to they will like alot of things like smoking or drinking, obviously its better to educate then expect to eliminate the idea. Teach kids maths and probability analysis is a greater help then putting up a sign saying no its adults only, thats almost an encouragement and thats been true probably forever.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: Becky666 on October 01, 2020, 02:35:38 PM

Guiding the children mostly when online should be well encourage among parents not to have or raise gamblers addict. Never allow the child surf the internet without parents guide.

This is something parents can't easily do. It's not that easy as kids nowadays are mostly techy.

Instead of monitoring their kid's activity regularly, concerns about gambling can be brought by parents during a talk on their kids, either during breakfast, lunch, dinner, bedtime, or any time of the day.

And E-sports gaming is mostly involved by youth. Therefore, there will always be a time that these kids will play those games and their parents won't know it. So the best thing to do is to include it in the daily discussion between parents and their kids to always remind that playing such games should be treated moderately (don't prevent them from playing these games).

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Quote from: Becky666 on October 01, 2020, 02:35:38 PM

Quote from: Twinkledoe on September 21, 2020, 06:43:49 PM

Parenting is really hard. A growing person wants to try all things so it is not a surprise if he will venture in gambling at some point of his life. But as he grows older, he will realize things on his own. A parent can only give so much and the rest will be on his own accord. All of us have our own realizations in life, and those will not be influenced by our parents. It is our experience that taught us about life.

The modern world has grown beyond what reality is, children's now get used to the technology than we the parents. My child has the ability to use any of my device even though she's new to such device. So, such a child needs serious monitoring while online not to go off the riff. Guiding the children mostly when online should be well encourage among parents not to have or raise gamblers addict. Never allow the child surf the internet without parents guide.

But then as a parent you should let children play around it is just that the toys these days are more in technology and we can't monitor then 24/7. We don't wanna have a gambling addict in our family, that's a black sheep that might just ruin the whole family's asset. The best we could do is to teach them what is right and wrong, what has to be done just enough, let them experience things and if something is happening off the track that's the time you should interfere.

Becky666

full member

Activity: 756

Merit: 231

Quote from: Twinkledoe on September 21, 2020, 06:43:49 PM

Parenting is really hard. A growing person wants to try all things so it is not a surprise if he will venture in gambling at some point of his life. But as he grows older, he will realize things on his own. A parent can only give so much and the rest will be on his own accord. All of us have our own realizations in life, and those will not be influenced by our parents. It is our experience that taught us about life.

The modern world has grown beyond what reality is, children's now get used to the technology than we the parents. My child has the ability to use any of my device even though she's new to such device. So, such a child needs serious monitoring while online not to go off the riff. Guiding the children mostly when online should be well encourage among parents not to have or raise gamblers addict. Never allow the child surf the internet without parents guide.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: pakhitheboss on September 27, 2020, 06:11:06 AM

Quote from: Distinctin on September 27, 2020, 03:44:29 AM

KYC could help to minimize youngsters to go gambling but the fact that not all gambling sites require such a thing, below 18 years old could gamble. They have their phone, laptop/PC, online gambling is very accessible to anyone and sites can't hold them nor to stop youngsters to gamble unless KYC is required. But that is not the case, it probably gambling site owners will allow them, they are making money from it.

KYC does not actually determine that the user betting is the original owner of the documents. How much time do you think a kid needs to capture the ID of his/her parents on their mobile and enter the details on the website to complete verification. There are many other ways to trick the system, moreover these websites are least interested to thoroughly go through the details.

There are many other ways to clear KYC and todays kid are much smarter than we were in our days.

This is the thing, a kid that is determined to gamble will always find a way to do it thanks to our current technology and the fact that most likely they are better than their parents on their understanding and usage of it, this is why it is important to explain to them from the beginning why this is a bad thing for them since they are not mature enough to take decision when it comes to their money and that over the long term this will teach them lessons that will not be good for them.

Darkelf11

member

Activity: 512

Merit: 44

Quote from: glowing10 on September 27, 2020, 06:37:14 AM

Quote from: Distinctin on September 27, 2020, 03:44:29 AM

KYC could help to minimize youngsters to go gambling but the fact that not all gambling sites require such a thing, below 18 years old could gamble.~

This may hit back on them because many gamblers would move out if KYC get compulsory to sites where no KYC is required.~

Indeed, and some of casinos would not want it if they will lose some loyal gamblers to their site in just by implementing the KYC requirement. From my personal standpoint, requiring to fill up the birthdate is working, it is reducing those kids that wants to play on the casino regardless if they are aware that they will use real money or not. If the system found out that they are not in the right age to play casino, then it will automatically disable using real money, not allowing the kid to play there.

Casdinyard

hero member

Activity: 2184

Merit: 891

Leading Crypto Sports Betting and Casino Platform

Quote from: alani123 on September 02, 2020, 11:37:14 PM

Crypto gambling sites are notorious for allowing players in without any ID verification.
On its own, this isn't a disadvantage. Usually local laws can be restricting. Making it more expensive to run a casino and limiting certain geographies.
~

I do not see this as an issue for the casino in terms of their profits vs investments on putting e-sports on their systems. This decision or strategy of casino is fine, it is actually one of the best strategy to attract even more players. It is a way of marketing where the business is going into what it currently trending. Some casinos aren't requiring KYC because other gamblers also wants to be anonymous.

If you are worried to the kids that are playing on casinos, that's good, but it's the responsibility of their parents/guardians to take them away from gambling because their age are not appropriate to play on gambling sites. It's fine playing online games, but it's not good if they will associate it with gambling.

GDragon

full member

Activity: 658

Merit: 126

Quote from: Twinkledoe on September 27, 2020, 02:13:00 AM

Quote from: bitbunnny on September 26, 2020, 04:26:43 PM

Quote from: Debonaire217 on September 22, 2020, 04:43:51 AM

The only issue I can see with this is the possible effect of esports for minors to gamble. Most of the systems and gambling sites at this time have good regulation already to avoid this kind of scenario to happen. In addition, minors have their parents to remind and supervise them to avoid gambling.

Though, minors IMO even without gambling sites could already be expose to gambling through the game itself. Most of the games uses credits for skins and usually, good skins comes from the raffle. Thus, exposing them to implicit gambling already.

Yes, that is the possible issue but on the other hand I don't see why would e sports be a bigger threat to minors than the other types of gambling. Yes, it's hard to control them and today everything is available on much easier way to minors and children than it was to previous generations. That is why prevention is very important and how these children are raised. When something bad happened is very often too late to react.

Because kids right now have easy access on these things. They can play without the knowledge of their parents. But they will learn their lessons in their own way, if parents are not there to guide them. Since parents can't attend their kids 24/7, the kids themselves should be responsible on their actions.

Of course parents would not be ther 24/7. But it's helpful for the kid to know about how it from the supervision of the parent. Cause you know some kids can do well without someone supervising them but some kids need the supervision of their parents, even though its just a one time talk, it will help the kid be knowledgeable about it. To know what's right from wrong. Kids are kids and they need supervision.

Quote from: glowing10 on September 27, 2020, 06:37:14 AM

Quote from: Distinctin on September 27, 2020, 03:44:29 AM

KYC could help to minimize youngsters to go gambling but the fact that not all gambling sites require such a thing, below 18 years old could gamble. They have their phone, laptop/PC, online gambling is very accessible to anyone and sites can't hold them nor to stop youngsters to gamble unless KYC is required. But that is not the case, it probably gambling site owners will allow them, they are making money from it.

This may hit back on them because many gamblers would move out if KYC get compulsory to sites where no KYC is required. So, no one want to lose their business and also today's kids are very smart they would take somebody else KYC and still play it and no one will know as well. So, this is not the perfect solution. Somebody from their family would have to keep a watch.

This KYC will never be a solution, years ago I'm just a kid, and I remember fully well when I easily entered sites with KYC with it. It's too easy. And you are right, owners doesn't really want to put KYC, they were just following the rules from the authority to continue their operation. As long as they're earning from the customers, or gaining customers, they don't care what the outcome is to other people.

glowing10

full member

Activity: 812

Merit: 142

Quote from: Distinctin on September 27, 2020, 03:44:29 AM

KYC could help to minimize youngsters to go gambling but the fact that not all gambling sites require such a thing, below 18 years old could gamble. They have their phone, laptop/PC, online gambling is very accessible to anyone and sites can't hold them nor to stop youngsters to gamble unless KYC is required. But that is not the case, it probably gambling site owners will allow them, they are making money from it.

This may hit back on them because many gamblers would move out if KYC get compulsory to sites where no KYC is required. So, no one want to lose their business and also today's kids are very smart they would take somebody else KYC and still play it and no one will know as well. So, this is not the perfect solution. Somebody from their family would have to keep a watch.

nakamura12

hero member

Activity: 2268

Merit: 669

Bitcoin Casino Est. 2013

Quote from: pakhitheboss on September 27, 2020, 06:11:06 AM

Quote from: Distinctin on September 27, 2020, 03:44:29 AM

KYC could help to minimize youngsters to go gambling but the fact that not all gambling sites require such a thing, below 18 years old could gamble. They have their phone, laptop/PC, online gambling is very accessible to anyone and sites can't hold them nor to stop youngsters to gamble unless KYC is required. But that is not the case, it probably gambling site owners will allow them, they are making money from it.

KYC does not actually determine that the user betting is the original owner of the documents. How much time do you think a kid needs to capture the ID of his/her parents on their mobile and enter the details on the website to complete verification. There are many other ways to trick the system, moreover these websites are least interested to thoroughly go through the details.

There are many other ways to clear KYC and todays kid are much smarter than we were in our days.

That's mainly because kids at this time are exposed in technology earlier than we are so they are smart enough to get pass the KYC and start gambling especially if it's esports betting. I even know someone who tell his parent that it is for gaming but the truth is it's for doing buying and selling game items but the site ask KYC.

pakhitheboss

hero member

Activity: 2156

Merit: 803

Top Crypto Casino

Quote from: Distinctin on September 27, 2020, 03:44:29 AM

KYC could help to minimize youngsters to go gambling but the fact that not all gambling sites require such a thing, below 18 years old could gamble. They have their phone, laptop/PC, online gambling is very accessible to anyone and sites can't hold them nor to stop youngsters to gamble unless KYC is required. But that is not the case, it probably gambling site owners will allow them, they are making money from it.

KYC does not actually determine that the user betting is the original owner of the documents. How much time do you think a kid needs to capture the ID of his/her parents on their mobile and enter the details on the website to complete verification. There are many other ways to trick the system, moreover these websites are least interested to thoroughly go through the details.

There are many other ways to clear KYC and todays kid are much smarter than we were in our days.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: Distinctin on September 27, 2020, 03:44:29 AM

KYC could help to minimize youngsters to go gambling but the fact that not all gambling sites require such a thing, below 18 years old could gamble. They have their phone, laptop/PC, online gambling is very accessible to anyone and sites can't hold them nor to stop youngsters to gamble unless KYC is required. But that is not the case, it probably gambling site owners will allow them, they are making money from it.

These youngters are not that stupid though.

They will find a way to get through that KYC without them showing their age on these sites. They also have an access to the internet that they could use efficiently so they could get informations they wanted to maybe make an account or bypass that KYC. It is not that these gambling sites owners earned from it, it is just that it is hard to filter their users.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

KYC could help to minimize youngsters to go gambling but the fact that not all gambling sites require such a thing, below 18 years old could gamble. They have their phone, laptop/PC, online gambling is very accessible to anyone and sites can't hold them nor to stop youngsters to gamble unless KYC is required. But that is not the case, it probably gambling site owners will allow them, they are making money from it.

Peanutswar

legendary

Activity: 1708

Merit: 1280

Top Crypto Casino

There are different cryptocurrency gambling platform which is supporting the use of betting/wage of e-sports and there many players out there would like to have and a fan of this kind of gambling games, I'm with this too because I have capabilities and sources about e-sports and I'm a fan of dota2, and csgo gameplay most of the time I make a montage on their team fight which gives me more idea what are the advantage and who are the possible players and teams could win a game. Recently I made a wage with the match of the Team secret on their finals because they have a good record with of 0:3 on most of their matches and this gives you already a hint what are the possible may happen to the next games. And after the match as I predict easy win.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: bitbunnny on September 26, 2020, 04:26:43 PM

Quote from: Debonaire217 on September 22, 2020, 04:43:51 AM

The only issue I can see with this is the possible effect of esports for minors to gamble. Most of the systems and gambling sites at this time have good regulation already to avoid this kind of scenario to happen. In addition, minors have their parents to remind and supervise them to avoid gambling.

Though, minors IMO even without gambling sites could already be expose to gambling through the game itself. Most of the games uses credits for skins and usually, good skins comes from the raffle. Thus, exposing them to implicit gambling already.

Yes, that is the possible issue but on the other hand I don't see why would e sports be a bigger threat to minors than the other types of gambling. Yes, it's hard to control them and today everything is available on much easier way to minors and children than it was to previous generations. That is why prevention is very important and how these children are raised. When something bad happened is very often too late to react.

Because kids right now have easy access on these things. They can play without the knowledge of their parents. But they will learn their lessons in their own way, if parents are not there to guide them. Since parents can't attend their kids 24/7, the kids themselves should be responsible on their actions.

Topic: Crypto gambling sites should be careful of bringing eSports in - page 2. (Read 5135 times)