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Topic: Impact of underage gambling? - page 5. (Read 608 times)

full member
Activity: 816
Merit: 133
September 20, 2021, 01:45:03 PM
#27
Well, I guess for gambling itself, I rather let them explore it. I mean, I won't recommend nor teach my kid or a kid to do any sort of gambling. but since we are in a technological era, in which even Kids have their own gadgets and internet, they could easily access and be aware of anything. So yeah, I would let them explore on their own. Up to the point when they cross the path of any gambling related activity, then I would step up and explain the Pros and Cons when they asked. But won't let them engaged on it up until I see that they're responsible enough to handle such thing.
sr. member
Activity: 784
Merit: 252
September 20, 2021, 12:52:46 PM
#26
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

I never thought that the age standard is mandatory to start gambling. This does not mean that every age under the age can gamble. What I mean is that there is no obligation if one is an adult then one has to jump into gambling. Gambling is not a learning obligation. So I think that gambling is not something that every young man should engage in, they have different hobbies and different ways of making money. Not only in gambling, but the ideal is that the older he gets, the more he knows how to earn an income.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
September 20, 2021, 12:41:39 PM
#25
So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
where do you get the information a lot of young people are now getting money from crypto gambling?

I still think the right age to play gambling (safe) is when they can get a steady income

btw, gambling is still a bad thing for young people. Don't teach the young people around you what gambling is, let them find out for themselves when they want and are ready
legendary
Activity: 1456
Merit: 1108
Top-tier crypto casino and sportsbook
September 20, 2021, 12:13:16 PM
#24
...but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

If you check properly, you will see that most of the young folks making money via the crypto currency space are not doing it mostly through crypto gambling.

For any thing that involves staking on the chance, because of it's very addictive nature, i believe you should as much as possible help kids make the right decisions until you are certain they can do it on their own and that is restricting them from all forms of gambling till they come of age.

There are other profitable aspects of the crypto space that you can show to kids instead of crypto gambling i believe.
hero member
Activity: 2744
Merit: 588
September 20, 2021, 11:57:52 AM
#23
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
but why should they get involved in the first place? as much as I like gambling online I don't recommend or encourage people to try and gamble online especially if it is a child/kid. and if a kid gets exposed to it by accident and starts asking questions. be truthful and do not sugarcoat anything when you are explaining the pros and cons of gambling. I've seen too many people explain gambling by what price they could get and leaving out what you could lose when gambling.

However, unlike adults, young people are extremely vulnerable. I believe you are simply observing and noticing them. You don't seem to know them very well. They aren't addicted to it, as you believe. You can imagine that if a young person becomes addicted to gambling at a young age, he or she will be more likely to engage in illegal activities or extort money from their parents just to play. This is just one of the many consequences. I believe they should be informed of the danger.

Being underage has indeed emotional vulnerabilities and most of the time, they are young enough to make smart decisions for themselves.
I won't suggest the best age to get involve in gambling because for me, if you can let them not to get involved as long as possible, much better.
If you can't avoid it, it is better if they are already working and earning for themselves, so they know the value of money.
If they are working hard to get that money, they would know how to spend their funds wisely.
There are so many not-so-good consequences when a kid gets addicted to gambling, which will give you the impression not to let them involve in this addictive industry.
member
Activity: 336
Merit: 16
September 20, 2021, 11:48:39 AM
#22
Underage gambling should be discouraged because the young can’t handle risk and can easily get addicted to gambling, which may hurt their life in the future, but again, once you are 18 and above, you can gamble. Gambling is a highly addictive.
hero member
Activity: 1890
Merit: 831
September 20, 2021, 11:43:56 AM
#21
So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

I do think that the age is something that does not define how mature the person is for real, I do think that the most important part would be analysing the person personally which is something that might not happen since this is impossible to do therefore, I do think that the right age would be 21 for sure.

At the same time I do think that kids are impressionable and if their parents are addicts then I do this might not really work for the long term kids will grow up thinking this attitude is fine.


Plus it's really important to understand the fact that kids gets addicted really fast, so right knowledge and right direction must be given to them at an early age and they should learn about it instead of being in absolute dark.
hero member
Activity: 2366
Merit: 594
September 20, 2021, 11:30:57 AM
#20
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
but why should they get involved in the first place? as much as I like gambling online I don't recommend or encourage people to try and gamble online especially if it is a child/kid. and if a kid gets exposed to it by accident and starts asking questions. be truthful and do not sugarcoat anything when you are explaining the pros and cons of gambling. I've seen too many people explain gambling by what price they could get and leaving out what you could lose when gambling.

However, unlike adults, young people are extremely vulnerable. I believe you are simply observing and noticing them. You don't seem to know them very well. They aren't addicted to it, as you believe. You can imagine that if a young person becomes addicted to gambling at a young age, he or she will be more likely to engage in illegal activities or extort money from their parents just to play. This is just one of the many consequences. I believe they should be informed of the danger.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
September 20, 2021, 11:26:35 AM
#19
So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

Everything has their own pros and cons and in gambling I think the cons outweigh the pros.
Gambling addiction is very bad and while the adults find it difficult to quit gambling it will become even harder for children to quit it.
Teenagers get influenced easily and I think it will become easier for scammers to target these underage teenagers to fall prey for their scams.
Teenagers don't earn enough money and if they get addicted to gambling at this stage then they might start stealing money for gambling.
These are just some of the negative scenarios and I think underage gambling will only have more of negative impacts on them.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
September 20, 2021, 11:20:49 AM
#18
It is not required for a child to gamble, let alone what age is recommended because this can indeed affect them early if it is required.

However it depends on government policy and in each country to regulate the minimum age law for gambling is allowed, maybe in the US 18+ is allowed, but in my country gambling is still prohibited so this is still against the rules and I Doing this is not overtly gambling, it will still be with this online gambling, we are easier to play, but this is also inseparable from children who cannot be avoided from this.
sr. member
Activity: 1554
Merit: 413
September 20, 2021, 11:19:15 AM
#17
...but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
What I understand from this is you assume young folks are making money through crypto gambling. How about crypto day trading and investing? I think that's where youngsters earn most of their money and not on gambling.

There is no best age for a kid to gamble. Just be of legal age and don't use your allowance.
sr. member
Activity: 1302
Merit: 250
September 20, 2021, 11:10:40 AM
#16
my view may be a little different,
regardless of what age they enter crypto it is not important but one thing is certain is when children are able to choose and determine which is the best and are responsible for what they choose, that's where they can be said to be adults regardless of what age it is. Teenage phase doesn't matter. because if something is pegged only by age it will not be true because everyone has a different process and mindset, for example, suppose there is a child who is still in his teens but can become an adult in attitude, character and action and the other way around. some should be in adulthood but they are still children.
well here age is not important as long as they can become adults why not.

other than that don't see crypto as a place for gambling, this is not what it should be.
you have to look at the side of crypto that has been formed until now, namely investing / trading.
gambling does exist and can be done through crypto but only a small number of people do it and you don't have to teach it to your child before your child understands the real crypto.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
September 20, 2021, 11:00:15 AM
#15
I don't think there's any best age aside from the legal gambling age provided by the government because there are people who have a different perspective on gambling and how they deal with it. Even though underage gambling is inevitable I think one can still be responsible enough but at the same time they need a deep understanding on how to manage such habits because it can easily spiral out of control. As much as possible I wouldn't recommend gambling to those who are underage given how destructive it can be as you can simply influence someone just by asking them to play with you.
legendary
Activity: 2436
Merit: 1104
September 20, 2021, 10:48:33 AM
#14
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
but why should they get involved in the first place? as much as I like gambling online I don't recommend or encourage people to try and gamble online especially if it is a child/kid. and if a kid gets exposed to it by accident and starts asking questions. be truthful and do not sugarcoat anything when you are explaining the pros and cons of gambling. I've seen too many people explain gambling by what price they could get and leaving out what you could lose when gambling.
hero member
Activity: 2268
Merit: 789
September 20, 2021, 10:47:18 AM
#13
.... but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

Young folks are making a positive impact in making money through cryptocurrency investment or trading. Though there may be a possibility of a few kids who profited in crypto gambling, I do not see any possibility for an underage kid to be exposed to this highly addictive act.

With regards to your second statement, a "KID" should not be involved into crypto-gambling until he or she is on or above the legal age of their country. The effects of gambling to a person are highly destructive as it has the potential of ruining one's life if left untreated or unsupported.
legendary
Activity: 1904
Merit: 1563
September 20, 2021, 10:46:37 AM
#12
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
In US, the legal age to gamble is between 18-21 years old[1] but that doesn't mean that everyone within that bracket range is recommended to gamble. The things is, most of them isn't financially educated, which makes them unaware of the underlying risks involved.

Also, as @julerz12 have said, there are lots of opportunities to earn money in cryptospace and it isn't limited to just gambling. At an age of 18 and above, I am sure that they have an interest on technical side of things in crypto, and it could be coding, engineering, or even NFT's that involves digital drawing skills.

[1] https://www.oceanalaw.com/legal-gambling-age/
sr. member
Activity: 1848
Merit: 341
Duelbits.com
September 20, 2021, 10:41:35 AM
#11
My question to the OP is: is there any data and evidence to suggest an impact in certain areas that is already legal on this impact on minors? Do not be too skeptical and make gambling as if it has entered the concrete operational area of ​​children. They are with their world and we still see that today they are just busy playing games.
Keep in mind that there will always be closer scrutiny of how we don't find that data anywhere. So it would be great if you provide us with reliable data and which area you are talking about.
If there is no relevant evidence, then this is just a warning, so far children are not familiar with this type of crazy gambling. Their world is just play and play.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
September 20, 2021, 10:38:37 AM
#10
As long as the teenager earns his own money I think he has the right to gamble if he wants. And actually age doesn't mean a lot in gambling. For addicted people, for an example, doesn't matter how old they are, gambling isn't for them, never. While for a responsible adolescent, it can be an entertaining hobby without further prejudice.

Nowadays there is a lot of polemics regards this matter, but the truth is children have always seen adults gambling and it has been part of their lives for many following generations. In the end only few presented issues with addiction during their adulthood. It makes believe the problem isn't in gambling exposed to underage, but in the psychological of few underage instead.

what is your recommendation for that?
The recommendation is to never see gambling as a job. Don't expect to earn an income from it for a living. Beware of people promising strategies or gameplays too good to be true on the internet. And never hide your gambling habits from your family.
hero member
Activity: 1554
Merit: 814
The Alliance Of Bitcointalk Translators - ENG>POR
September 20, 2021, 10:30:08 AM
#9
I think this is an interesting point, because most of the time it is relative.
For example, it depends on the laws that the countries have in relation to gambling (child, teenager or adult), maybe the ""culture"" of the country has a certain influence for the individual, and another relevant point is in relation to treatment, because I believe that this can be considered an addiction, if the person cannot control himself, because everything that is too much can be harmful to the person.

legendary
Activity: 2492
Merit: 1164
Telegram: @julerz12
September 20, 2021, 10:15:55 AM
#8
So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
Meh. Regardless of how many millions they make as long as it is "gambling", there are still huge risks, not just addiction. Impacts include fines, probation, and even worse jail time.
As a kid, you wouldn't want a record on you at such a young age. The overall well-being of a kid could be altered due to his/her gambling addiction.

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
None. A kid should not be taught how to gamble in the first place.
Crypto-space is huge and offers a lot of opportunities to learn. Better to get them to be involved with what makes the cryptoworld works. Blockchain, coding, etc.
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