How to self exclude from anonymous gambling sites - page 25.

Fivestar4everMVP

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Quote from: Saint-loup on December 10, 2023, 03:26:00 PM

Quote from: Get-Paid.com on December 10, 2023, 11:40:01 AM

If someone wants to risk $1,000 on a sports bet, casino, you name it, then a $10 fee won't stop him/her from gambling with it.

But if the funds are locked then you cannot lose them, they are just being locked temporarily whilst you're getting your thoughts, your mind and trying to regain some clarity before making a decision if what you wanted to do with the money was really worth it.

I agree with you when you undergo a severe loss, you don't look at the transaction fees anymore and your mind only cares about one thing, trying to recover your loss at all costs literally, in order to avoid to have to face the consequences, if you are not experienced enough or if you have not a mindset strong enough at this moment. That's why I think it's more useful to train your mindset and to learn how to take a step back in those highly stressful situations but we are just human beings, so this kind of tricks are helpful too and efficient to some extent.

Only an irresponsible gambler will lose money in gambling and then want to recover it at all cost, it shows that first, he or she was gambling with funds he or she can not afford to lose, and Secondly, like I believe that every experienced gambler already know, such gamblers stand a high chance of losing even more money in their quest to try to recover what ever amount of money he or she have lost to gambling.

Like I will always say. If only we all as gambler will learn to gamble more for fun and less for making money, then we wouldn't have alot of problem gamblers out there..
like you have said, training ourselves to know when to take a step back in gambling is a good thing, but unfortunately, not very many gamblers give attention to all of this, some only start learning this things after they have fallen a couple of times, like myself when I newly started gambling, I thought wining and becoming a millionaire was easy, and by this, I put in every thing I had a couple of times and lost it, at a point, I realized that luck can't be forced, and the most you try to force it, the more you lose money unnecessarily.

Saint-loup

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Quote from: Get-Paid.com on December 10, 2023, 11:40:01 AM

If someone wants to risk $1,000 on a sports bet, casino, you name it, then a $10 fee won't stop him/her from gambling with it.

But if the funds are locked then you cannot lose them, they are just being locked temporarily whilst you're getting your thoughts, your mind and trying to regain some clarity before making a decision if what you wanted to do with the money was really worth it.

I agree with you when you undergo a severe loss, you don't look at the transaction fees anymore and your mind only cares about one thing, trying to recover your loss at all costs literally, in order to avoid to have to face the consequences, if you are not experienced enough or if you have not a mindset strong enough at this moment. That's why I think it's more useful to train your mindset and to learn how to take a step back in those highly stressful situations but we are just human beings, so this kind of tricks are helpful too and efficient to some extent.

Hispo

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Quote from: livingfree on December 10, 2023, 12:10:13 PM

But what's next if the days are passed and the gambler may now unlock the staking? It's possible that he may lose his appetite to gamble for that long and at the same time, he earned some.

It is a temporary solution for those gamblers who are experience craving for gambling recklessly in a seasonal manner, not all the time. I think.
It is quite similar to the classic method of self-exclusion casinos themselves offer to gamblers, casinos (specially online ones) won't self-excluse their gamblers forever, instead they will only lock them out for a limited period of time.
If one want to get self-excluded from casinos is a permanent way (both brick-and-mortar), one would need to get help from someone of high trust who would help one to handle finances, savings, expenses, cash. Etc, until the person has gone effectively through the healing process.

Unfortunately, I do not think many problem gamblers in the making would be aware enough of their problems so they would rely their finances on a third party, even if it could help them.

livingfree

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This is like a manual method so that you will be forced not to spend your money to a casino and you'll have the reason why you can't gamble because your funds are locked.

I think it's a good idea for those that are finding ways on how they can avoid depositing and self exclude themselves manually. So, this is a practice that you can do and choose whenever you ran out of options.

But what's next if the days are passed and the gambler may now unlock the staking? It's possible that he may lose his appetite to gamble for that long and at the same time, he earned some.

Get-Paid.com

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Quote from: Eternad on December 10, 2023, 11:04:22 AM

The most simple way is to convert your coins to Bitcoin since the fee right now is unstable and mostly high. Many Bitcoin holders just hold because of the high transaction fee. This will save time on waiting for unstaking.

If someone wants to risk $1,000 on a sports bet, casino, you name it, then a $10 fee won't stop him/her from gambling with it.

But if the funds are locked then you cannot lose them, they are just being locked temporarily whilst you're getting your thoughts, your mind and trying to regain some clarity before making a decision if what you wanted to do with the money was really worth it.

Eternad

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Quote from: so98nn on December 10, 2023, 09:56:26 AM

Basically we are just talking about staking our crypto? I dont see anything new here because staking our crypto is an entire new universe and business model out there. Im not sure what benefit a user can get from staking on a casino but as far as I have seen only freebitco is the one I have seen coming up with their premium account idea. At least one can stake money their and get lot of freebies back. They have perfect staking model for it and it benefits both users and entity itself. But see the difference between what have you explained and the freebitco staking model. They are entirely different and unmatched. Staking already exists everywhere but not all casinos offer them the perfect way.

Not the staking itself but rather the token that will be lock during staking and unstaking period. Simply any method that will make your fund locked for a certain period of time is the main point for the self exclusion on this topic.

The most simple way is to convert your coins to Bitcoin since the fee right now is unstable and mostly high. Many Bitcoin holders just hold because of the high transaction fee. This will save time on waiting for unstaking.

Outhue

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All I can think about this topic is lack of self control, if you can't stop yourself from doing something you have failed as a man, because this is what will always define you in everything you do, staking have been around for many years and it's better for those who want to get money out of holding their tokens and coins for a long term.

To get a good money from staking it also requires a better value of the token you plan to stake for long or short term, you should just know what you want, and improve yourself in making decisions.

Also do not advice people to use atomic wallet, it's not safe, and it's so bad that I would rather stake my coins on Binance exchange rather than using Atomic wallet for staking, and Binance supports USDT staking, both APY and APR, the best one I trust most is Trust wallet, you are welcome.

so98nn

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Basically we are just talking about staking our crypto? I dont see anything new here because staking our crypto is an entire new universe and business model out there. Im not sure what benefit a user can get from staking on a casino but as far as I have seen only freebitco is the one I have seen coming up with their premium account idea. At least one can stake money their and get lot of freebies back. They have perfect staking model for it and it benefits both users and entity itself. But see the difference between what have you explained and the freebitco staking model. They are entirely different and unmatched. Staking already exists everywhere but not all casinos offer them the perfect way.

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Quote from: pawanjain on December 10, 2023, 09:33:19 AM

But people should have that kind of self control to self exclude themselves and that's where the problem rises.
Many gambling addicts don't really have the self control to self exclude themselves from gambling sites.

True. It's not just that though. Most people are just lazy as hell which is why they won't bother trying to learn these strategies since it's all a bit complicated and they just focus on gambling as much as possible.

This is basic human nature which casinos take advantage of very, very nicely in order to survive.

pawanjain

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Quote from: Get-Paid.com on December 08, 2023, 03:36:04 AM

You can watch this video from 07:20 if you want to skip on the other parts:

https://www.youtube.com/watch?v=sxty2XhTwVI

Basically it's very simple.

You take a currency that requires 21 days for staking/unstaking, then you deposit this amount in Atomic Wallet, stake it and then you can't gamble with the crypto you're holding.

The locking (staking) is done with one single click of a button, and it's practically speaking, equivalent to activation of self-exclusion on an online gambling site with a click of a button (and yet not all sites offer it unfortunately).

For example, you stake (lock) $200 of your crypto, and that's all crypto available for you - then you can't play/gamble/risk it for at least 21 days ... do it 15 times a year time after time, and you would be excluded for a long time.

The only drawback with this method is Atomic doesn't offer this on USDT so some "gamblers" might not like this idea because they trust stablecoins more than other crypto coins, but this is FYI.

Lol, if it would be that easy then nobody would be a gambling addict and everyone would just self exclude from gambling sites.
Not just staking but there are other alternatives like fixed deposits where you can't withdraw without paying some additional fees.
But people should have that kind of self control to self exclude themselves and that's where the problem rises.
Many gambling addicts don't really have the self control to self exclude themselves from gambling sites.

Fivestar4everMVP

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Quote from: libert19 on December 10, 2023, 09:08:50 AM

lol, this is not what I expected when I read the title. I just don't open the website if I don't want to gamble, I think it's better than going roundabout way.

Well, this is very easy for you, possibly because you are not an addicted gambler, you know, things seems very simple for us to simply ignore when we are not addicted to such thing, but for that person who is addicted to it, it's pretty very difficult to ignore.

I myself for example can go a whole week without gambling, even when I have good balance on my casino account bankroll, sometimes, I even forget that I have some money there, I only learn about that when I login to copy my address to make some deposit, all this is happen because I am not a gambling addict.
But for the addicted, it's pretty hard to go a whole day without gambling, it will look like the whole world is collapsing on them.

Sometimes, it makes sense for us to try to see and discuss things like this from other peoples perspective, people who are addicted to gambling, and not from our own perspective since we are not addicted.

libert19

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lol, this is not what I expected when I read the title. I just don't open the website if I don't want to gamble, I think it's better than going roundabout way.

michellee

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Quote from: Solosanz on December 10, 2023, 06:02:10 AM

Quote from: Kakmakr on December 10, 2023, 01:57:49 AM

A lot of casinos have a vault option, so I was thinking.... why not just ask them to lock the coins in the vault. (so that you cannot access it)

Vault feature isn't really a thing, you can still have access to your coins since the casino not really lock it.

It's only help money management, when you only see $20 in your main wallet, you will not gamble more than $20 if you use auto bet. You can immediately send the coins from your vault to your main wallet anytime you want, after all it depends on your self control.

Actually, it depends on each gambler. If they don't want to gamble for a while, they don't need to visit the casino. They don't need to use the Vault feature and hold their coins there. And it is safer for them because they don't have to worry about their coins even if they keep their coins in a trusted casino.

Do not deposit coins in casinos as it carries risks. And it is our job to minimize this risk so that it does not become bigger. And instead of worrying about the safety of the coins we keep, we should keep the coins in our wallet.

That would be better than saving it in the Vault feature. That also includes controlling yourself not to gamble for a while and you won't worry about anything.

Fivestar4everMVP

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Well, as much as this is a good idea, I personally do not see it as feasible, or practicable, most especially for those who are constant earners and get money like every day or every week, such a gambler can stake the amount he or she earned in a day or in a week, and by the next day or week, when the urge to gamble is at its full again, the money comes in and the gambler will straight away use that for gambling instead of adding it to the ones he or she already staked.

So, in the nutshell, this, like I said earlier, is a good idea but it's impracticable, it can not work for most gamblers, anyone looking for an effective way to self exclude themselves from gambling should find other feasible and working ways, for this, to me will not work.

Solosanz

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Quote from: Kakmakr on December 10, 2023, 01:57:49 AM

A lot of casinos have a vault option, so I was thinking.... why not just ask them to lock the coins in the vault. (so that you cannot access it)

Vault feature isn't really a thing, you can still have access to your coins since the casino not really lock it.

It's only help money management, when you only see $20 in your main wallet, you will not gamble more than $20 if you use auto bet. You can immediately send the coins from your vault to your main wallet anytime you want, after all it depends on your self control.

EarnOnVictor

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Quote from: Get-Paid.com on December 08, 2023, 03:36:04 AM

You take a currency that requires 21 days for staking/unstaking, then you deposit this amount in Atomic Wallet, stake it and then you can't gamble with the crypto you're holding.

The locking (staking) is done with one single click of a button, and it's practically speaking, equivalent to activation of self-exclusion on an online gambling site with a click of a button (and yet not all sites offer it unfortunately).

For example, you stake (lock) $200 of your crypto, and that's all crypto available for you - then you can't play/gamble/risk it for at least 21 days ... do it 15 times a year time after time, and you would be excluded for a long time.

The only drawback with this method is Atomic doesn't offer this on USDT so some "gamblers" might not like this idea because they trust stablecoins more than other crypto coins, but this is FYI.

First, the choice of the Atomic wallet is very bad, at least for me, and I would prefer using Trustwallet here. After all, aside from the better safety of my money with Trustwallet, I still prefer the stablecoins in a situation like this. Unless I want to be looking for the perfect time to use the unstable ones which will alter the investment plan.

Second, I do not believe this is a self-exclusion in any way, they are different ballgames entirely. The risk is still involved, only that the time the risk would materialize into loss or gain is higher. This is no different from options trading in the traditional option market where one would place his bet and leave it for as long as the platform permits. In some options platforms, you can still hold your bet for a month or even more, and by that one must have doused any tension that is making them bet aggressively (the addiction).

Lastly, this can teach some patience if the person won't still be tempted to bet elsewhere as this might be so boring. Also, it's nothing lesser than gambling, you are not excluding anything here. Again, I also advise anyone who will go for it not to use their main wallet for it.

noorman0

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The OP only gave a specific tip, in broad terms you should allocate your money (which should be for gambling) to other things. This isn't a new tip for gamblers anymore, and it also doesn't dampen the urge when someone has problems with their gambling habits.

After all, a guy must have a good reason to go out with staking when he currently wants entertainment at home while he has a few $ in a casino account.

Kakmakr

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Well, if you lock your coins.. you not just stopping you from gambling... you also make it unavailable to sell them, if they hit the next ATH in that period. I know the reason for this is to stop you from using it for gambling, but this can even cost you a lot more, if you miss the opportunity to make huge profits, if the price of those tokens goes to the Moon.

A lot of casinos have a vault option, so I was thinking.... why not just ask them to lock the coins in the vault. (so that you cannot access it)

bitbollo

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You can do the same kind of transaction ... with Bitcoin!
Just made a time-locked TX and lock your funds for certain amount of block (time).
I don't know exactly why but I will be scared to lock funds in a crypto. Isn't this gambling too Wink

?

dansus021

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This is the idea that I am talking about a couple of weeks ago Grin

to get rid of gambling addiction or at least staying on your budget. and it actually worked on me Tho it is not recommended to keep your money in centralized exchange but I do it anyway Grin

so basically I buy a near token with and lock it for 120 days and just yesterday I lost 275$ and I want deposit more my solana that 25$ goes all in and lost I too iwant to wd my near but I locked so Im safe at least for now hahah

Topic: How to self exclude from anonymous gambling sites - page 25. (Read 4756 times)