Pages:
Author

Topic: Regulations in online Gambling sites - page 6. (Read 1328 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 18, 2020, 04:59:36 AM
Exactly, addicted gamblers will always find their way to gamble and I don't see how this could be prevented in efficient way. Gambling addiction is aa serious as amy other addictiin so it's reasonable that governments try to find the way to keep that under control. However, I don't know how this could be possible in reality and not to cut some rights for everyone else which is not good.

+ for that. But if the government wants to reduce the addicting people, they need to be serious and need to regulate the casino. Maybe the casino will use their people who will contact the online casino to ask about the regulation. But maybe besides regulation from the government, every people needs to control themselves because that is the important thing that the gamblers must do.

When you're playing low you just need to stick on the single idea that you don't need to rush or else accept that you can lose easily. Being a gambler is more of what most of the people think, it is a profession itself that needs some aspect to function properly like discipline, management, etc. Playing with a decent amount of money has to be always on the safe side, not risking all or much more than the half, just a small bits can be a huge winning. Government protecting the gamblers? We already have a state laws about it, don't need to worry with that stuff.

When you use gambling as your profession, you will see the difficulty of controlling yourself and making money from gambling. Even if you can limit your money, it will be difficult to make money. But if you can use gambling as a way to have fun and do the best for you, then gambling will not be dangerous for you. State law will be like that, but protecting the new people in gambling will be difficult too, as they can feel curious about the win money. That can make them play longer because of their curiosity.

Government has no power against gamblers specially in online gaming because players can always find place to play without government interference .
this is how hard the situation is why people continues to become addicted because of their own stupidity,i should have known because i am a former addict as well but now i have recovered and living happy with gambling only occasionally .

I am happy to know that you can recover from your addict. I think you can spread the info to other people or make counseling to help people who have a problem with addiction. That will worth doing when the government can not play their role in the gambling industry because it's related to personal. The more people can educate the other about the danger of playing gambling, and more people can be saved.
sr. member
Activity: 2618
Merit: 439
August 18, 2020, 01:27:18 AM
when gambling is not safe, everything has a risk and the government should not be able to minimize that risk because the risk can be minimized by the gambler himself, so be careful when you want to gamble and as much as possible to be able to control your emotions when you lose, take a short break .

But only a few gamblers can minimize the risk by not using too big money, and they can control emotions while gambling. The rest of them will use more money to gamble because they can not control emotions. If the government can protect the gambler, maybe the government can prevent the number of addicted people in gambling. But still, that is hard to see that will happen because the gambler will search the other website to still gambling.
Government has no power against gamblers specially in online gaming because players can always find place to play without government interference .
this is how hard the situation is why people continues to become addicted because of their own stupidity,i should have known because i am a former addict as well but now i have recovered and living happy with gambling only occasionally .
hero member
Activity: 2590
Merit: 644
August 17, 2020, 06:47:06 PM
~snip~
Government should also build a lot of gambling addictive rehabilitation as they need it, I don't know about the country but it's a rich country so probably they have this program already aside from the new law.
^ There's no need to have this if everyone will follow the rules and regulations by the government. I agree on the post of OP related to the government that every gambler should have a limit to spend in gambling. It means there is no become gambling addict if everyone will follow. It is a simple regulation but I think had a good result. Nevertheless, this also has an effect on online gambling casino, since in traditional casinos have regulation and using cryptocurrency is unregulated, probably gamblers will switch to a crypto online gambling casino.
legendary
Activity: 3248
Merit: 1160
Fully Regulated Crypto Casino
August 17, 2020, 05:14:34 PM

Exactly, addicted gamblers will always find their way to gamble and I don't see how this could be prevented in efficient way.
Do you think that addicted gamblers breaking the law will not get the sanction or penalty if they got caught?
This would at least give addicted gamblers a hard time to gamble until they realized their mistakes and give up as the restriction is actually to prevent people from getting addicted and for addicted to minimize their gambling habit.

Gambling addiction is aa serious as amy other addictiin so it's reasonable that governments try to find the way to keep that under control. However, I don't know how this could be possible in reality and not to cut some rights for everyone else which is not good.

Government should also build a lot of gambling addictive rehabilitation as they need it, I don't know about the country but it's a rich country so probably they have this program already aside from the new law.
sr. member
Activity: 1918
Merit: 370
August 17, 2020, 02:27:29 PM
when gambling is not safe, everything has a risk and the government should not be able to minimize that risk because the risk can be minimized by the gambler himself, so be careful when you want to gamble and as much as possible to be able to control your emotions when you lose, take a short break .

But only a few gamblers can minimize the risk by not using too big money, and they can control emotions while gambling. The rest of them will use more money to gamble because they can not control emotions. If the government can protect the gambler, maybe the government can prevent the number of addicted people in gambling. But still, that is hard to see that will happen because the gambler will search the other website to still gambling.
When you're playing low you just need to stick on the single idea that you don't need to rush or else accept that you can lose easily. Being a gambler is more of what most of the people think, it is a profession itself that needs some aspect to function properly like discipline, management, etc. Playing with a decent amount of money has to be always on the safe side, not risking all or much more than the half, just a small bits can be a huge winning. Government protecting the gamblers? We already have a state laws about it, don't need to worry with that stuff.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
August 17, 2020, 01:15:48 PM
when gambling is not safe, everything has a risk and the government should not be able to minimize that risk because the risk can be minimized by the gambler himself, so be careful when you want to gamble and as much as possible to be able to control your emotions when you lose, take a short break .

But only a few gamblers can minimize the risk by not using too big money, and they can control emotions while gambling. The rest of them will use more money to gamble because they can not control emotions. If the government can protect the gambler, maybe the government can prevent the number of addicted people in gambling. But still, that is hard to see that will happen because the gambler will search the other website to still gambling.

Exactly, addicted gamblers will always find their way to gamble and I don't see how this could be prevented in efficient way. Gambling addiction is aa serious as amy other addictiin so it's reasonable that governments try to find the way to keep that under control. However, I don't know how this could be possible in reality and not to cut some rights for everyone else which is not good.
full member
Activity: 966
Merit: 102
August 17, 2020, 11:45:02 AM
I very recently read a news regarding how one has to prove that , they can afford the loss of even 100 euro.

snip


According to them they are looking forward for controlling the gambling of low income households and for the high income households they want to show them how they have to control their habits of gambling per-se

People are not bots.
They are very aware of what they are doing at the same time they could have opened the care system or something for them instead of controlling them like this , Because at the end of the day they cannot influence each and everything just like that .

It is done with good intentions but forcing people to follow rules will never go well with anyone.

What is your take on this ?

This news actually paves a way further into how the governmental bodies plan on regulating the online casinos especially the crypto ones .



I have read about that as well and I do not like it, I understand intention behind this proposed law but it is ridiculous, if people want to gamble their money away then that it is their choice, they earn the money that they are using to gamble and they should be free to use their money as they see fit, this is just another attempt by governments to try to control the behaviour of people through money, fortunately for us those days are coming to an end as they are not going to be able to do the same with the gamblers that prefer to use bitcoin.
I have just read this now but I highly think that you are right. People are capable to think rationally, and if they let their emotions lead their way, it is their decision. With the history of the government interfering with things to be advantageous on their end, it is hard not to think that they have hidden agendas.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 17, 2020, 11:34:32 AM
I very recently read a news regarding how one has to prove that , they can afford the loss of even 100 euro.

snip


According to them they are looking forward for controlling the gambling of low income households and for the high income households they want to show them how they have to control their habits of gambling per-se

People are not bots.
They are very aware of what they are doing at the same time they could have opened the care system or something for them instead of controlling them like this , Because at the end of the day they cannot influence each and everything just like that .

It is done with good intentions but forcing people to follow rules will never go well with anyone.

What is your take on this ?

This news actually paves a way further into how the governmental bodies plan on regulating the online casinos especially the crypto ones .



I have read about that as well and I do not like it, I understand intention behind this proposed law but it is ridiculous, if people want to gamble their money away then that it is their choice, they earn the money that they are using to gamble and they should be free to use their money as they see fit, this is just another attempt by governments to try to control the behaviour of people through money, fortunately for us those days are coming to an end as they are not going to be able to do the same with the gamblers that prefer to use bitcoin.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 17, 2020, 10:31:15 AM
#99
when gambling is not safe, everything has a risk and the government should not be able to minimize that risk because the risk can be minimized by the gambler himself, so be careful when you want to gamble and as much as possible to be able to control your emotions when you lose, take a short break .

But only a few gamblers can minimize the risk by not using too big money, and they can control emotions while gambling. The rest of them will use more money to gamble because they can not control emotions. If the government can protect the gambler, maybe the government can prevent the number of addicted people in gambling. But still, that is hard to see that will happen because the gambler will search the other website to still gambling.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
August 17, 2020, 10:00:44 AM
#98
because the risk can be minimized by the gambler himself, ...

That's not what the government are seeing, the reason why the law is created is because they believe gamblers are not responsible anymore and it has already affected the quality of their lifestyle, so government are making ways for people to live a good lifestyle, and unfortunately, at the expense of everyone as even the responsible gamblers are now affected.
yes, this is the usual reason they will make so as to convince that regulation is very important but their hidden agenda is clearly to earn more from gambling establishment.  The government know how much cash will flow in every casino that could let them take a part of it by mandating a tax of a percentage to which other owners will not declare the original market of their gambling and the government will approve given that there will be an under the table payment for the one that manage and sign the document for the casino to continue its operation. There are always corruption and this is why we will never get a bettee life with the government and the corrupt officials of the government.

It's somehow a good move from the government since if they can get a money by regulating the casinos then it's a win win situation for the citizens since they might see or have a good project created by the tax came from gambling taxes. Also don't ever think bad on the action since regulation is a good protection to the bettors.
full member
Activity: 924
Merit: 220
August 17, 2020, 08:04:07 AM
#97
because the risk can be minimized by the gambler himself, ...

That's not what the government are seeing, the reason why the law is created is because they believe gamblers are not responsible anymore and it has already affected the quality of their lifestyle, so government are making ways for people to live a good lifestyle, and unfortunately, at the expense of everyone as even the responsible gamblers are now affected.
yes, this is the usual reason they will make so as to convince that regulation is very important but their hidden agenda is clearly to earn more from gambling establishment.  The government know how much cash will flow in every casino that could let them take a part of it by mandating a tax of a percentage to which other owners will not declare the original market of their gambling and the government will approve given that there will be an under the table payment for the one that manage and sign the document for the casino to continue its operation. There are always corruption and this is why we will never get a bettee life with the government and the corrupt officials of the government.
legendary
Activity: 3248
Merit: 1160
Fully Regulated Crypto Casino
August 17, 2020, 07:28:19 AM
#96
because the risk can be minimized by the gambler himself, ...

That's not what the government are seeing, the reason why the law is created is because they believe gamblers are not responsible anymore and it has already affected the quality of their lifestyle, so government are making ways for people to live a good lifestyle, and unfortunately, at the expense of everyone as even the responsible gamblers are now affected.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
August 17, 2020, 06:11:54 AM
#95
...instead of controlling them like this..

Making a regulation to minimize gambler's activity and his maximum possible bet amount per day isn't something that can be justified as controlling them. But instead, it is just to "regulate" meaning that to lessen the increasing possibilities of addiction, and overspending of gamblers in their gambling habits. No matter what would be the minimum nor maximum amount on the final law, it shouldn't bother gamblers as long as they wouldn't tax all online gamblers based by their activities and earnings.

Or simply make regulations to ban gambling altogether and allow only safe betting. That is the easiest way to solve the confusion in laws and misunderstanding concerning betting or prediction markets.

You don't gamble while betting in betting centers.  You bet responsibily and safely.

Bet but Don't Gamble!
when gambling is not safe, everything has a risk and the government should not be able to minimize that risk because the risk can be minimized by the gambler himself, so be careful when you want to gamble and as much as possible to be able to control your emotions when you lose, take a short break .
legendary
Activity: 2982
Merit: 1028
August 17, 2020, 05:42:06 AM
#94
In my opinion, the way the government handles gambling addicts by regulating online casinos is not a good idea. Because doing limit
amounts for gamblers when playing gambling at online casinos is not the best solution to overcome gambling addicted. That makes
gamblers uncomfortable and will look for unlicensed online casinos which are not regulated by the government. If this happens, of course
it will be a new problem, in fact we have to find other ways that are effective and acceptable to overcome gambling addicts by all parties.

And we all know that this will likely to happen if the government will start this kind of actions. Gamblers who doesn't want
to deal with this will find unregistered gambling site, internet always have ways that will add to government concerns as tracking
those illegal sites are really tough unless they will block everything. The only sites that will be allowed are those registered and
regulated by the government. 
Ucy
sr. member
Activity: 2632
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
August 17, 2020, 05:24:58 AM
#93
...instead of controlling them like this..

Making a regulation to minimize gambler's activity and his maximum possible bet amount per day isn't something that can be justified as controlling them. But instead, it is just to "regulate" meaning that to lessen the increasing possibilities of addiction, and overspending of gamblers in their gambling habits. No matter what would be the minimum nor maximum amount on the final law, it shouldn't bother gamblers as long as they wouldn't tax all online gamblers based by their activities and earnings.

Or simply make regulations to ban gambling altogether and allow only safe betting. That is the easiest way to solve the confusion in laws and misunderstanding concerning betting or prediction markets.

You don't gamble while betting in betting centers.  You bet responsibily and safely.

Bet but Don't Gamble!
legendary
Activity: 2296
Merit: 2721
Top Crypto Casino
August 17, 2020, 04:13:53 AM
#92
Add taxes for extra security is ok. Other gambling sites is just afraid because they know that there are country make online gambling or any kind of gambling as illegal .
What exactly do you mean by " add taxes for extra security is ok"?
Taxes have absolutely nothing to do with making a business like an online casino safer or not. Just take a look at the latest major exits, for example Wirecard. The company has paid taxes just like big banks and still they could cause this massive damage.
sr. member
Activity: 1036
Merit: 329
August 17, 2020, 02:40:25 AM
#91
Not only that players could also assure their safety since the casino is been well regulated by the government, we already know how many times scam casinos come and wreck people here so if regulation will implemented we might gonna see a big changes on gambling industry and legit business will come to the scene.
Well, that is ideal actually but if we put government as a third party and to meddle with gamblinh activities then it is expected to see high fees and possible setting of minimum bet for the casino to earn or add the expenses to be paid to the third party (government). This expenses may include taxes and other fees for protection like insurance and permits or licenses. This will make the gambling casino a worst place to gamble.

However, if we remain gambling casino unregulated then it is up to the consumer to join an establish gambling casino to make sure the security of the funds and because most good casino are using cryptocurrency this will ensure that no one can access your fund except yourself. This can be determine as the same level of security or could be much secured than having the government protection in gambling.

The good thing should let the consumer to chose whether to bet in an crypto casino or casino that is being regulated by the government. Well try to see which casino will get higher numbers of gamblers. For all I know gambling is unregulated eveb before but the system works perfectly.
Regulating it for taxes is Ok as long you know you are safe playing  that casino online it will  add more security for  players  since its regulated by the government meaning they are legal business running in your country.

Add taxes for extra security is ok. Other gambling sites is just afraid because they know that there are country make online gambling or any kind of gambling as illegal .
hero member
Activity: 2170
Merit: 891
Leading Crypto Sports Betting and Casino Platform
August 17, 2020, 02:20:53 AM
#90
...instead of controlling them like this..

Making a regulation to minimize gambler's activity and his maximum possible bet amount per day isn't something that can be justified as controlling them. But instead, it is just to "regulate" meaning that to lessen the increasing possibilities of addiction, and overspending of gamblers in their gambling habits. No matter what would be the minimum nor maximum amount on the final law, it shouldn't bother gamblers as long as they wouldn't tax all online gamblers based by their activities and earnings.
full member
Activity: 686
Merit: 125
August 17, 2020, 12:57:02 AM
#89
Not only that players could also assure their safety since the casino is been well regulated by the government, we already know how many times scam casinos come and wreck people here so if regulation will implemented we might gonna see a big changes on gambling industry and legit business will come to the scene.
Well, that is ideal actually but if we put government as a third party and to meddle with gamblinh activities then it is expected to see high fees and possible setting of minimum bet for the casino to earn or add the expenses to be paid to the third party (government). This expenses may include taxes and other fees for protection like insurance and permits or licenses. This will make the gambling casino a worst place to gamble.

However, if we remain gambling casino unregulated then it is up to the consumer to join an establish gambling casino to make sure the security of the funds and because most good casino are using cryptocurrency this will ensure that no one can access your fund except yourself. This can be determine as the same level of security or could be much secured than having the government protection in gambling.

The good thing should let the consumer to chose whether to bet in an crypto casino or casino that is being regulated by the government. Well try to see which casino will get higher numbers of gamblers. For all I know gambling is unregulated eveb before but the system works perfectly.
legendary
Activity: 2576
Merit: 1860
August 16, 2020, 11:30:00 PM
#88
This is prejudging the lower income people they have an equal rights like those with high income earners too, there are a lot of circumstances where these people lower income will play on the threshold, like they got a gift from a gambler as a form of tips and they can play as high as 500 Euro or it's his birthday and he wants to be entertained by using cash gifts lower income people are monnitored and limited because of this.

Lower income people or even the poor have the rights over their own money but what they don't have as a right is to squander away their money on gambling despite the fact that they can't even barely provide a decent life to their family.

It is quoted in the OP that "such limit ensures that spending on gambling does not exceed poverty thresholds for lower income households..." And I agree with this, with the government being the entity which primarily looks after the welfare of its own people.

The reality is that a huge part of the poor population, especially in the most squalid and overcrowded urban slums, is maintaining all kinds of vices while regularly failing to make ends meet. They can barely manage to eke out a living and yet they still have the gall to burn what little money they have on gambling.

Anyway, this is just a "soft cap," which means that other people may in fact increase their own limits provided they can prove that they can pretty much afford to lose such amount.
Pages:
Jump to: