Donating the Gambling profits - page 7.

MonsterV

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Quote from: JohnBitCo on October 20, 2019, 07:22:32 AM

Have you ever thought of donating the gambling profits to a charitable cause ? Sometime people won a big lottery or very high amount of money from betting & gambling games. Do you ever thought of being generous and helping the poor with this money ?

It is always because it is one of my beliefs that when we help others, we will be smoothed out in business and sustenance in the future. And that in my opinion is also an obligation for our fellow human beings to help each other help those who are in need especially if we are already capable materially, so it is not a big problem to donate a few percent of the profit we get.

janggernaut

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Quote from: Vaculin on October 25, 2019, 02:39:17 AM

Most of us who post in this thread are gamblers and we understand gambling, I suggest that OP will create a poll so we can also see what the people will think about donating money when they win.

Adding a poll won't change anything since the result can be manipulated, so there is no need to do that. What people do about their money has nothing to do with us, whatever they will use their winning for sober, investment, donate, spend or anything else.

Quote from: Btc_1856 on October 25, 2019, 01:23:12 AM

It completely depends upon the person characteristic because there is no guarantee whether he will the jackpot. Before Jackpot, many people wish to donate after winning the jackpot, but once they won, they will forget about their promises and which I have experienced this from many of my friends.

Donated or not, it won't give any effect with your gambling result.

Vaculin

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It highly depends,people who earned easy money may throw it to others if that amount is huge or else there will be no donating,if people who came from the situation like an orphan then they will consider donating it to someone who is in need for it.

I am pretty sure majority of the gambler who wins big amount in gambling does not donate some of their money.
Winning in gambling is not easy, we are risk takers so we are also rewarded with bigger reward if we are lucky, so like you said, it really depends.
Most of us who post in this thread are gamblers and we understand gambling, I suggest that OP will create a poll so we can also see what the people will think about donating money when they win.

owengtam09

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Quote from: JohnBitCo on October 20, 2019, 07:22:32 AM

Have you ever thought of donating the gambling profits to a charitable cause ? Sometime people won a big lottery or very high amount of money from betting & gambling games. Do you ever thought of being generous and helping the poor with this money ?

Why not? There is no rule that the money from gambling is not allowed to donate right? As long as you really love what you are doing and really wants to give to the charity then there is no exeptions. Giving is the best way to show how good you really are as a person without any other getting in return. Donating the gambling profits is also good to give especially if you have won huge amount of money like millions.

Hypnosis00

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Quote from: Btc_1856 on October 25, 2019, 01:23:12 AM

Quote from: Wintersoldier on October 25, 2019, 12:23:33 AM

Quote from: swogerino on October 24, 2019, 04:14:41 AM

I think that we win in sport betting or in roulette and this kind of games the winning amount is not an amount that we can split with others.However if someone wins the lottery or a million dollar jackpot in a slot machine in this case is different,I think anyone lucky enough should donate a considerable amount to charity causes in the world.

Mostly, lottery winners are doing the same thing, but in comparison to games like mentioned, there are few who considers donating profits to a charity or foundation. But all these relies on the person itself. there are person that considers utilitarian winning compared to just winning for himself and become luxurious.

It completely depends upon the person characteristic because there is no guarantee whether he will the jackpot. Before Jackpot, many people wish to donate after winning the jackpot, but once they won, they will forget about their promises and which I have experienced this from many of my friends.

If I have so, then why not? No, I don't think promises are made just to be broken and yet, I don't say any promises to anyone but only if I can.
It may be we could say that some of jackpot winners have their own priorities and giving something (few bucks) to unfortunate people aren't their first priority or they have also family needs to feed which it needs more attention than to give the others. And I think there is no bad with that.

Btc_1856

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Quote from: Wintersoldier on October 25, 2019, 12:23:33 AM

Quote from: swogerino on October 24, 2019, 04:14:41 AM

I think that we win in sport betting or in roulette and this kind of games the winning amount is not an amount that we can split with others.However if someone wins the lottery or a million dollar jackpot in a slot machine in this case is different,I think anyone lucky enough should donate a considerable amount to charity causes in the world.

Mostly, lottery winners are doing the same thing, but in comparison to games like mentioned, there are few who considers donating profits to a charity or foundation. But all these relies on the person itself. there are person that considers utilitarian winning compared to just winning for himself and become luxurious.

It completely depends upon the person characteristic because there is no guarantee whether he will the jackpot. Before Jackpot, many people wish to donate after winning the jackpot, but once they won, they will forget about their promises and which I have experienced this from many of my friends.

Wintersoldier

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Quote from: swogerino on October 24, 2019, 04:14:41 AM

I think that we win in sport betting or in roulette and this kind of games the winning amount is not an amount that we can split with others.However if someone wins the lottery or a million dollar jackpot in a slot machine in this case is different,I think anyone lucky enough should donate a considerable amount to charity causes in the world.

Mostly, lottery winners are doing the same thing, but in comparison to games like mentioned, there are few who considers donating profits to a charity or foundation. But all these relies on the person itself. there are person that considers utilitarian winning compared to just winning for himself and become luxurious.

maydna

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Quote from: dobolspeed3 on October 24, 2019, 12:59:55 PM

Quote from: DarkDays on October 24, 2019, 12:04:34 PM

Pretty ridiculous statement to be honest. Why would anybody risk X amount in order to win X + Y, then donate Y to charity?

You forget, the great majority of gamblers are looking to make a profit. Do you think somebody risking their hard-earned money against the house edge is likely to give away their winnings? Be realistic.

Sure, I can understand lottery winners who risked small to win big potentially donating to charity, but unless you're in that scenario, I'm sure donations are the last thing on the menu.

Helping others is generosity and it is not forced. So there is nothing wrong if a gambler donates to help others from the gambling winnings. Because they believe, as long as you are good, good will come too. Maybe this principle is what is brought, great hope always wins in gambling.

Yes, that is nothing wrong, but some charities don't want to accept the donation when the money comes from gambling, and they will say that it is not good for them. Perhaps, we can say that the money comes from the other sources and doesn't tell that it is from gambling so that a person can still donate his win money. I think that will depend on us, and if we still want to donate the win money to charities, we can give to other charity institutes which don't think about where the money comes.

Oilacris

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Quote from: DarkDays on October 24, 2019, 01:23:55 PM

Quote from: ?? on ??

Quote from: DarkDays on October 24, 2019, 12:04:34 PM

Pretty ridiculous statement to be honest. Why would anybody risk X amount in order to win X + Y, then donate Y to charity?

You forget, the great majority of gamblers are looking to make a profit. Do you think somebody risking their hard-earned money against the house edge is likely to give away their winnings? Be realistic.

Sure, I can understand lottery winners who risked small to win big potentially donating to charity, but unless you're in that scenario, I'm sure donations are the last thing on the menu.

It is not necessary that you win Y amount of money and then donate the whole amount to charity, you can also select some amount from these Y amount of money and give it to charity. Come on man just be a little generous and do not think like that, very small amount of money for charity can bring happiness in somebody's life.

Why does it have to be tied to gambling profits? If you're going to donate to charity, just donate to charity, it's very simple.

Doing something good should not be contingent on getting lucky, that's just moronic.

Same thoughts,if donating is your thing then it shouldn't really be needed for it to be with gambling profits.
You can donate if you do have your own money from your pocket.I agree on the points above when it comes to
realistic matter because no gambler will just simply give out their profits since they do know that what they have risk
in able to obtain it and giving it out easily sounds not too common.

shield132

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Quote from: JohnBitCo on October 20, 2019, 07:22:32 AM

Have you ever thought of donating the gambling profits to a charitable cause ? Sometime people won a big lottery or very high amount of money from betting & gambling games. Do you ever thought of being generous and helping the poor with this money ?

That's a whole different situation and also one in million wins jackpot or insanely high amount of money from casino. This way I think you really have to donate too cause you were also donated at some point, usually those winners are average people and they really donate some money from it but on another ha.d gambling profits are very low and even those profits are mostly returned to casino back because of gambling again in future. Also if you really want to donate, do it directly without any promises set to yourself.

DarkDays

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Quote from: ?? on ??

Quote from: DarkDays on October 24, 2019, 12:04:34 PM

Pretty ridiculous statement to be honest. Why would anybody risk X amount in order to win X + Y, then donate Y to charity?

You forget, the great majority of gamblers are looking to make a profit. Do you think somebody risking their hard-earned money against the house edge is likely to give away their winnings? Be realistic.

Sure, I can understand lottery winners who risked small to win big potentially donating to charity, but unless you're in that scenario, I'm sure donations are the last thing on the menu.

It is not necessary that you win Y amount of money and then donate the whole amount to charity, you can also select some amount from these Y amount of money and give it to charity. Come on man just be a little generous and do not think like that, very small amount of money for charity can bring happiness in somebody's life.

Why does it have to be tied to gambling profits? If you're going to donate to charity, just donate to charity, it's very simple.

Doing something good should not be contingent on getting lucky, that's just moronic.

onrise

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Quote from: swogerino on October 24, 2019, 04:14:41 AM

I think that we win in sport betting or in roulette and this kind of games the winning amount is not an amount that we can split with others.However if someone wins the lottery or a million dollar jackpot in a slot machine in this case is different,I think anyone lucky enough should donate a considerable amount to charity causes in the world.

If the amount is really big then yes one can easily donate a certain percentage of it as a charity . But overall if I see generally people if calculate would on be losing side of overall profit and loss is calculated so would not be able to do any charity .

dobolspeed3

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Quote from: DarkDays on October 24, 2019, 12:04:34 PM

Pretty ridiculous statement to be honest. Why would anybody risk X amount in order to win X + Y, then donate Y to charity?

You forget, the great majority of gamblers are looking to make a profit. Do you think somebody risking their hard-earned money against the house edge is likely to give away their winnings? Be realistic.

Sure, I can understand lottery winners who risked small to win big potentially donating to charity, but unless you're in that scenario, I'm sure donations are the last thing on the menu.

Helping others is generosity and it is not forced. So there is nothing wrong if a gambler donates to help others from the gambling winnings. Because they believe, as long as you are good, good will come too. Maybe this principle is what is brought, great hope always wins in gambling.

DarkDays

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Pretty ridiculous statement to be honest. Why would anybody risk X amount in order to win X + Y, then donate Y to charity?

You forget, the great majority of gamblers are looking to make a profit. Do you think somebody risking their hard-earned money against the house edge is likely to give away their winnings? Be realistic.

Sure, I can understand lottery winners who risked small to win big potentially donating to charity, but unless you're in that scenario, I'm sure donations are the last thing on the menu.

target

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Its not a new idea already. In our country there is Philippine charity sweepstakes office(PCSO) where part o the winnings are also distributed to disabled persons and those who needs medical assistance. If you have more than enough and are generous to people who needs help, its not a crime to help. Money earned from gambling aren't blood money, you can donate for a cause. I will likely to do it if I just have enough. Unfortunately I don't have.

vintages

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i have never won a big amount in gambling, thought it depends on what you mean by big amount though. In my case i have never won 2 and above bitcoin at a stretch, just closer to it.
Going back to your question, if i can remember well, i did gave out a some of my winning to a friend who needed help then.
Not the whole wining though but just a split. Then, we were in school and was very broke, long time ago though.

rodel caling

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Quote from: JohnBitCo on October 20, 2019, 07:22:32 AM

Have you ever thought of donating the gambling profits to a charitable cause ? Sometime people won a big lottery or very high amount of money from betting & gambling games. Do you ever thought of being generous and helping the poor with this money ?

Hinestly yeas herein my country the man win into lottery(lotto own government gambling operated) by the way I notice that in the news television the man win a million of money from their local currency some of the money they donate into the charity and some are derictly giving the money from their neighbors. The am is also came from the poor family. I think he decides to help people same situation before in their life.

peter0425

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Quote from: Mometaskers on October 24, 2019, 09:11:40 AM

It'll depend on how much I'll win. If I'll win really big, like the lottery you mentioned, I wouldn't LOL. Rather than donate it to existing charities I might as well make my own non-profit Grin

, preferably one that focuses on livelihood programs.

Having my own charity also meant I can dump money there from businesses I'll found using the prize money. Many large corporations have their own charities for example. Provides good PR as well.

I love the idea because as what Bible says “Don’t give them Fish but teach them how to fish” giving money or foods to less fortunate is really good but you are not really helping them because after you go they will starve still but if you give them livelihood then surely they will have food on daily living

I will put that in mind so when time comes that I am the lucky one?for sure I will do this and may serve many

Mometaskers

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It'll depend on how much I'll win. If I'll win really big, like the lottery you mentioned, I wouldn't LOL. Rather than donate it to existing charities I might as well make my own non-profit Grin

, preferably one that focuses on livelihood programs.

Having my own charity also meant I can dump money there from businesses I'll found using the prize money. Many large corporations have their own charities for example. Provides good PR as well.

Quidat

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Quote from: swogerino on October 24, 2019, 04:14:41 AM

I think that we win in sport betting or in roulette and this kind of games the winning amount is not an amount that we can split with others.However if someone wins the lottery or a million dollar jackpot in a slot machine in this case is different,I think anyone lucky enough should donate a considerable amount to charity causes in the world.

Its not mandatory since this is a humanitarian in kind or voluntary act so it will depend on a certain individual if hes kind enough.
Even if you do won some amounts on roullette or sports bet you can still donate if you wanted to even if it isnt really as big compared
if you do win on lotteries but at least you do still had done the same thing because donation doesnt really matter if its big or small because
if your motive is to help on first then it cant really be changed at all.

Topic: Donating the Gambling profits - page 7. (Read 1488 times)