Topic: How to self exclude from anonymous gambling sites - page 35. (Read 6797 times)

So you are saying the only way to do is by locking your coins by staking it on the network? That's one way, but I that doesn't "stop" you from gambling. You could by more coins, and deposit and start gambling again... And once the coins that you have staked and the locking period is over, you will be gambling with those too. So you actually end up gambling and losing more money. Not the best way to "self exclude" from an anonymous casino. And like you have mentioned, if they use other currencies, they won't be able to lock it. The only way to stop gambling if you are addicted is to get professional help.

Thanks for sharing this video mata and for sure I will share everything about this in my social media accounts for saving some of my active gamblers friend that is having a rough time stopping their gambling activities .
21 days gambling stopping is really a big help for gamblers to realized what they are missing and what they can do in their time and money instead of keep losing .
though it is not that simple but yeah it is important to everyone in gambling world to have this rest for 3 weeks.

The solution is not a bullet proof solution that works for every single gambler out there, however, it could accommodate many who are in a need to lock themselves out of the ability to gamble.

Someone who got inheritance for $80,000 and wants to save it in Crypto, but wants to avoid gambling it away would find it quite useful.

The use of crypto doesn't have to be for gambling, and most people do have money in their bank accounts, but some are restricted in their own countries to gamble, thus they must use crypto to gamble, or don't gamble at all ...

For these people locking away crypto, for instance, is a great solution, as they can't easily gamble.

They can use their bank account to buy more crypto but it is costly and many times not instant, depends on how they buy it etc. - especially if they want to save fees.

So all in all, you have a solution here, again it's not a bullet proof solution but it could help many who need it, it's about being creative with our ever changing world.

I don't know much about how staking works but I can think of many drawbacks in this method.
The most important drawback is that when you stake all your coins or lock your balance in order to prevent yourself from sanding it on gambling, you will prevent yourself from spending it on any other thing too. This will be bad in case of emergencies.
Also, an addict will surely find a way to get around this like using recently acquired cryptos (not yet locked). Or simply use fiat.

notbloks1's suggestion is what came to my mind when I fierst read this topic. It's way more effective and am sure there are many softwares which will let you block access to certain websites.

When it comes to strong addicts,  giving the money to someone they trust could still result in them having access to that money when the urge to gamble becomes intense for them,  they will go against any agreement they hard with the person holding the money for them.

So the best approach is the lock of money that the ops point out, which is most effective even though the gamblers have self-exclude themselves from the casino,  there is still the need to lock their money away where they will be denied access to that funds to avoid any possible position of getting back into gambling due to the addiction pressure on him.

Other details apart, staking your coins as a way to keep them out from your gambling spending power is a solution so obvious that I'm sure no one of us thought about it before . The first idea that comes to our minds is the self-exclusion, but one should self-exclude himself from all the betting platforms that he uses, which can be tedious and at the very least an obstacle, apart from what you said that not all sites have this feature available.

On the other hand, if you stake your coins you lock them with just one click, and you even win a little interest. One could have the same problem mentioned before, though: if you have many different coins you should stake them all, and some may not give that option.

But I liked the alternative, maybe not as sophisticated as others that have been proposed in this thread, but simple and useful.

Yes, I agree.
This method OP is talking about and also de method of locking one's coin in general is something which will likely appeal to gamblers who cannot longer control themselves and decided to restricting access to their money is the way to go, but it would be ideal never to get to that point in the first place. What if the gamblers needs to access that money because some unexpected situation or an emergency? It does not sound healthy, it may induce the gambler to ask for loans to get by.

I would rather not lock all of the money and perhaps try to find someone I trust who would help me to manage my personal finances, instead locking me out of them completely. It is a personal choice, in the end, to each their own...

You clearly don't know much about Fairlay. They are the most popular crypto betting exchange with Pinnacle odds similar to betting exchanges like Betfair, Matchbook etc with a way lower commission rate.

They turned off registrations sometime back and they are quite reputed which is why they don't steal from their players.

Yes, this is a new thing but despite the anonymity, liberation, and no KYC advantage it presents it also has the disadvantage of the user losing their fund. According to the OP "Fairlay - has a very high limit for bets, especially on US sports, and you can easily bet there $5,000 - $20,000 on a game there, even more."
It is better to use a trusted crypto booker.

You said not even an email address. Why does the Fairlay bookmarker requested email for signin?
Second. Why would new user contact the booker before he can register on the platform? Which I think could also be a way of the platform have chance to steal from user

Last I heard was that atomic wallet was hacked, people lost a lot of money and keys got exposed, so I dont think it is a good idea to use this wallet.
You can do something else, add restrictions on your network and devices for gambling site you dont want to use, and split password with your best friend of family member.
If someone is so deeply addicted with anything it is better to go in some addiction therapy and search for a cure.

Read post #16 in this thread, it would answer your question.

What is to do with anonymous gambling website as per the subject line?

Impulsive gamblers cannot be stopped this way. They will always find the way to gamble. This method will only work if someone is willing to give up gambling. Otherwise it is better to see medical help for an impulsive Gambler.

There are many ways to stake your coins. Not sure why you have only mentioned about atomic wallet!

This is a very good option that allows to make a right choice for some user in certain cases. I however would recommend to use this as part of a set of tools to complement with your own personal introspection and understanding of these sites and what they mean to you. I think that it brings more benefits than actually trying to solve it by using just technological means.

I will also assume that am hearing something called anonymous gambling for the very first time, what comes my mind was the idea that or can gamble and also make use of the safety privacy gambling practice to connect his wallet to the gambling platform or make use of a decentralized crypto gambling platform, but anyway, this is going to be another means for learning each day about gambling and some of its anonymous sites.

Not every website.


Stake might offer it which is great, but many other sites don't.
For example - Fairlay - has a very high limit for bets, especially on US sports, and you can easily bet there $5,000 - $20,000 on a game there, even more.

Now let's talk hypothetically, take this all as some hypothetical case scenario, not necessarily a reality but still:

Take someone who doesn't want to spend that much on US sports, so he is banned from Stake because they self-excluded him but he cannot ban himself from Fairlay.

What does he do? Contact Fairlay? They won't help him. These guys have an instant link registration, 100% anonymous, 0 details about yourself, not even an email.

And this is just 1 example. Might be tons of other sites out there.

Okay, so if you save your money in your bank account you can't use it with a site like Fairlay, you might be able to use it with your own local website e.g. if you are UK based then Ladbrokes, William Hill etc. - these sites do offer proper protection and are proeprly regulated.

However,

Say you save your money in Crypto, you got $15,000 USDT and you don't want to be tempted to gamble it away - whether it's Fairlay, trading, Binance, day trading - there are lots of way to lose money these days, do you agree about that?

So there you have it - that's a solution that works, because your money is locked away from you.

It's not only for gamblers, but for traders, or anyone with small or big addiction - you arrest the addiction by taking what you're feeding it with away from it - that's how many gamblers made better lives for themselves - by arresting their addiction - this is just 1 example.

Does it help to improve self control? Oh yeah, for sure, you would only make better decisions moving forward by not acting swiftly and carelessly and thinking about the money locked away much more than simply handing it over as if it was a piece of paper worth nothing.

You are right. What if someone becuase he does not want to gamble with his money, he staked his coins and bear market begins. The person may significantly lose when the thinks he is going to gain.

You can not staked stable coins on noncustodial wallet.

I consider this supposed anonymity to be stressing for someone like me that is  of a good gambling behaviour and still have my elf control intact towards gambling. What if in a situation of a life threatening emergency arising that demands urgent need of money to get things done ASAP - in that case this medium doesn't meet it. Just be self discipline and you are cool with how and when  you wanna spend money. Maybe gamblers suffering from addictive tendency could make use of it and see how they benefits from it, save themself some unscrupulous gambling losses.

This is just too assuming that you can't control yourself and that you'd eventually lose your coins through gambling. Not everyone is addicted to it. Just try not to gamble, you don't even need to stake your coins.

But it does make sense if you wanna a guarantee to make money, staking stablecoins will be a good option. But 21 days seem too much. I would stay away from that.

Time lock does not mean anything, you can have access to your coins at anytime. Time lock is not on blockchain, which means the transaction was not broadcasted at all.

This is just the best for me. But when I staked my coins, I was unable to use it for anything, it is also a good idea.

Are you sure you want to trust a wallet that is not open source? I mean that is completely up to you but that goes against the transparency that Bitcoin and other cryptocurrencies stand for. At that point you might as well put your money on a CEX wallet and hope for the best. Ironically, I do not trust a wallet named "Trustwallet".

But it is true that Trustwallet gives a decentralized option, unlike the Atomic wallet, which is not what I would call decentralized.



I agree that you could simply lock your coins up so that you cannot get to them. That is a good method. But at some point, you are going to get them back. Will you be able to withhold yourself from gambling with them at that future point in time?