Should there be any age limit of Gambling? - page 10.

Kupid002

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Quote from: lienfaye on July 28, 2020, 11:08:04 PM

There should be an age limit because gambling is not a simple game, it has a money involve.

In kyc of gambling sites 18 above is the ideal player who can gamble. Usually at this age a person already have a job and capable to gamble using his own money.

Minors should be prohibited on playing until they are old enough to understand the risk and the consequences of being a gambler.

You know many crypto holders and gamblers hate to submit any KYC in a website, so I don't think we need to ask for are important document just to prove that we are in legal age.

There is also agreement before you play a gambling sites mostly they asked it before you are able to use the website. Most sites mostly required user's to be at least 18 years old or above.

peter0425

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I remember this thread that tackles the ages given in other countries

https://bitcointalksearch.org/topic/age-restriction-in-gambling-5230360

Where we found that "in Malawi casinos allows 5 years old to play"

But for me personally?

I will go to 21 years old and above so responsible and careful players.

Beparanf

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Quote from: lienfaye on July 28, 2020, 11:08:04 PM

There should be an age limit because gambling is not a simple game, it has a money involve.

In kyc of gambling sites 18 above is the ideal player who can gamble. Usually at this age a person already have a job and capable to gamble using his own money.

Minors should be prohibited on playing until they are old enough to understand the risk and the consequences of being a gambler.

There is a need for guidance of the parents to see where the money they give to their children goes at this age and era. Many online sites are involved money but not requires KYC that those minors can easily use it without penalty. Websites that involves money and registered in their country may be able to do KYC, but many of gambling sites now didn't requires KYC or they only do when it involves a large sum of money to withdraw. But in terms of depositing some didn't requires it.

lienfaye

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There should be an age limit because gambling is not a simple game, it has a money involve.

In kyc of gambling sites 18 above is the ideal player who can gamble. Usually at this age a person already have a job and capable to gamble using his own money.

Minors should be prohibited on playing until they are old enough to understand the risk and the consequences of being a gambler.

Darker45

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Quote from: samcrypto on July 28, 2020, 09:38:44 PM

Quote from: Darker45 on July 28, 2020, 09:33:56 PM

Quote from: fiulpro on July 28, 2020, 04:10:35 PM

What age does categorize a person to be mature enough to Gamble?

I would go with 18 but only if the person has income already. Without which, he/she better not play with money. I may sound too conservative but the economic reality from which I am speaking tells me that a person better spend the money he/she didn't earn elsewhere rather than burn it on gambling as if it was just picked up from the streets. Money is hard to find in this part of the globe!

Quote

Does the age even hold a meaning? Should it be regulated?

Yes to both! More often than not, with age comes sense of responsibility and maturity.

This should be the main reason why kids are not allowed to gamble simply because they are not mature yet and they don't know the risk of doing it. A guidance from the parents plays an important role on this matter, we have a good culture about this thing where the parents are so strict even up to the age of 18, I just don't know the culture of other countries.

Not just the risk. Young children may not really be aware of their money's worth. They eat, go to school, ask parents for their pocket money, spend them, and so on but often only up to that. Most often, they are not really aware of how their toiling parents are earning such money. So they should not be allowed to splurge it on gambling.

Ayiranorea

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Quote from: Vod on July 28, 2020, 08:08:20 PM

Quote from: Ayiranorea on July 28, 2020, 08:03:04 PM

Young guys learn the strategies and experiment it to get the best output, and these guys are really lucky. Very few are unlucky and even ends their life on spending continuously without realising the reality of gambling.

If that were true, the old, experienced, rich traders would be hiring high school children.

I'm not sure, but based on my understanding I mentioned it. Just to make the rich and old not to hire children for their own profiting we've got regulations on gambling Cheesy

. If not the rich could've hired the underage kids stopping from schools to turn themselves super rich.

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Quote from: smyslov on July 28, 2020, 09:25:02 PM

Quote from: fiulpro on July 28, 2020, 04:10:35 PM

What age does categorize a person to be mature enough to Gamble ?

-18?
-21?

Does the age even hold a meaning? Should it be regulated ? Since Crypto gambling sites have to be super private and therefore regulating the age is a big factor.

18 years old is the right age to gamble some countries even allow as early as 10 years to play but 18 years is the right age to gamble but it does not comes with age as long as the players understand the risk and he knows how to play responsibly he can gamble but 18 is the age where we look at people to make the right decision for himself and it's right for the government to regulate the age, they don't want their young people to be hooked so much in gambling.

Yes, in most countries the age limit is set to be 18. It is true, at an very small age we just have fun and don't know the after effect or the consequences of gambling. It is same as learning to drive. When one learns driving at an age less than 18 he/she takes time, but even after learning it perfectly he/she can't be termed as a responsible driver. Same is with gambling.

robelneo

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Quote

What age does categorize a person to be mature enough to Gamble ? -18? -21?

I think 21 is a good age to play because at that time the guy has a job and he can sustain his gambling activity you know you need money to sustain your gambling younger than that you will just rely on allowance coming from your parents

Quote

Does the age even hold a meaning? Should it be regulated ? Since Crypto gambling sites have to be super private and therefore regulating the age is a big factor.

Yes it is youngsters should be studying and playing in the fields and not in front of a gambling dashboard or table it will corrupt the young mind

Quote

Should steps be taken to take care that we don't bring up a generation of addictive gamblers or it's all good?

Yes and it's strongly recommended government should regulate it so no gamblers will turn out to be a compulsive gambler, compulsive gamblers could become a problem to society.

cabron

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18 would be good for the law. But to be honest we all started earlier than 18. I have been gambling since we're 12 with friends when we go to their house and even bet on basketball. It becomes a habit during that time but I don't know if this affects me up to today and I'm sure I don't have a gambling addiction.
I think the earlier we start gambling means gamblers can overcome the habit easier when they get older.

samcrypto

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In physical casinos they strictly implement the 18 years old above policy before you enter and its the ideal age for me, but in a world where technology keeps on growing kids nowadays can easily gamble online. They also have the access on games where the money is still involve so technically the age limit is not that strict when it comes to online gaming.

Quote from: Darker45 on July 28, 2020, 09:33:56 PM

Quote from: fiulpro on July 28, 2020, 04:10:35 PM

What age does categorize a person to be mature enough to Gamble?

I would go with 18 but only if the person has income already. Without which, he/she better not play with money. I may sound too conservative but the economic reality from which I am speaking tells me that a person better spend the money he/she didn't earn elsewhere rather than burn it on gambling as if it was just picked up from the streets. Money is hard to find in this part of the globe!

Quote

Does the age even hold a meaning? Should it be regulated?

Yes to both! More often than not, with age comes sense of responsibility and maturity.

This should be the main reason why kids are not allowed to gamble simply because they are not mature yet and they don't know the risk of doing it. A guidance from the parents plays an important role on this matter, we have a good culture about this thing where the parents are so strict even up to the age of 18, I just don't know the culture of other countries.

Casdinyard

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Quote from: ReiMomo on July 28, 2020, 04:23:56 PM

It's a nice topic huh.

Well according to the Minor law of Wikipedia, age below 18 years old is considered as a minor. And yes, minor age doesn't belong to this activity and in the context of alcohol and of course the gambling with the age below of 21 years old aren't allowed to gamble or even drink alcohol/liquor. But this was based on this on US law, and each country has different laws and jurisdictions regarding prohibition of their citizens.

Every other countries has its own different legal age and 18 is only the majority of it. Take Nigeria or Japan as an example. Nigeria has a legal age of consent at 11 while Japan has 13. Hence, their culture can see that those ages are already matured enough and can do activities that's only can be done by people aged 18 in most countries. It would all depend on the culture and the law of a country as we had different perspective in what age are capable and good enough to do such activities.

But for me, there shouldn't be an age limit ONLY in crypto or online gambling, as it would be hard to control and assure that the client is of the legal age, NOT UNLESS the platform would require KYC upon registration (in which most of us aren't fond of). But it is normal that 21 years old is the legal age to enter physical gambling and casinos in most countries and in most cases.

Darker45

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Quote from: fiulpro on July 28, 2020, 04:10:35 PM

What age does categorize a person to be mature enough to Gamble?

I would go with 18 but only if the person has income already. Without which, he/she better not play with money. I may sound too conservative but the economic reality from which I am speaking tells me that a person better spend the money he/she didn't earn elsewhere rather than burn it on gambling as if it was just picked up from the streets. Money is hard to find in this part of the globe!

Quote

Does the age even hold a meaning? Should it be regulated?

Yes to both! More often than not, with age comes sense of responsibility and maturity.

Eternad

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Quote from: shoreno on July 28, 2020, 08:49:14 PM

there should be . i never see an activity that does not have an age limit . to the games , drinking , smoking and others all of them have but the age limit depends on the content . to the games , the age limit is can be higher but to smoking , drinking and gambling the limit falls from 22 to 17 years old . thats fine . on some tribe their limit on gambling is like playing a video games because they allow young people to gamble .thats what thier elders want and we cant disagree by that

There is always a age limit to discipline the kids to be better or to focus on their studies, in my country it's 18 years old. But in terms of playing gambling or online gambling,it will be hard to tell if the player is telling true in their forms upon registration since some casino didn't require KYC it is just nothing even we put a higher age. We can ask someone we know if ever KYC will be require thou. It's hard to implement in online nowadays.

smyslov

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Quote from: fiulpro on July 28, 2020, 04:10:35 PM

What age does categorize a person to be mature enough to Gamble ?

-18?
-21?

Does the age even hold a meaning? Should it be regulated ? Since Crypto gambling sites have to be super private and therefore regulating the age is a big factor.

18 years old is the right age to gamble some countries even allow as early as 10 years to play but 18 years is the right age to gamble but it does not comes with age as long as the players understand the risk and he knows how to play responsibly he can gamble but 18 is the age where we look at people to make the right decision for himself and it's right for the government to regulate the age, they don't want their young people to be hooked so much in gambling.

shoreno

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there should be . i never see an activity that does not have an age limit . to the games , drinking , smoking and others all of them have but the age limit depends on the content . to the games , the age limit is can be higher but to smoking , drinking and gambling the limit falls from 22 to 17 years old . thats fine . on some tribe their limit on gambling is like playing a video games because they allow young people to gamble .thats what thier elders want and we cant disagree by that

Timelord2067

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💲🏎️💨🚓

I'm pretty sure this discussion was covered a few weeks back, but in any case look up "Age of Majority" on any search engine.

Here's a link to Wikipedia's information: https://en.wikipedia.org/wiki/Age_of_majority

Basically, it talks about the threshold that people consider a person to be an Adult. Casinos and other gambling venues are governed by their own countries' laws surrounding when that government considers a person to have become an adult.

acroman08

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Quote from: fiulpro on July 28, 2020, 04:10:35 PM

What age does categorize a person to be mature enough to Gamble ?

-18?
-21?

in society 18yrs old is old enough to be considered as a mature person. but in gambling? I think it should be 21 since(in my view) most people would have already experience to work for money and realize its importance.

Quote from: fiulpro on July 28, 2020, 04:10:35 PM

Does the age even hold a meaning?

I think yes, since most younger people have no idea how hard to earn money or how important it is in today's society.

Quote from: fiulpro on July 28, 2020, 04:10:35 PM

Should it be regulated ? Since Crypto gambling sites have to be super private and therefore regulating the age is a big factor.

it should be but then again as you said in crypto gambling site privacy is important and since I like gambling on a crypto gambling site because of convenience and lack of KYC I am conflicted if it should really be regulated.

Quote from: fiulpro on July 28, 2020, 04:10:35 PM

Should steps be taken to take care that we don't being up a generation of addictive gamblers or it's all good ?

a generation ending up to be an addictive gamblers is unlikely to happen even in this era. but should still be steps to be taken to prevent others from becoming gambling addicts

Quote from: fiulpro on July 28, 2020, 04:10:35 PM

[Something fun I want to share: My Private Tutor who was supposed to teach me and 10 other kids , used to have a small illegal business of Gambling on Sports and every Match was betting time , parents apparently did not know anything about it 😂] --snip

I remember in third and fourth grade we used to gamble using money to rock paper sciccor it was fun and we were never disappointed if we lost since in the end the winner usually ended up treating us for some snack after gambling. Grin

that was one of the best school years in my life.

NavI_027

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Quote from: chaser15 on July 28, 2020, 05:49:36 PM

For me, risking money by playing gambling should have an age requirement. Doing gambling shouldn't be a normal activity for kids as it can turn a person into something worst if things turned out bad.

Definitely yes! Because the outcome will be bad always. Kids, adolescents or even teenagers should really not engage with any forms of gambling because they're not yet matured individuals. They are still not well oriented when it comes to decision making thus result to money loss and the worst is a sort of rebellion since these activities (including any kind of vices) are mostly due to peer pressure Sad

.

Quote from: btc_angela on July 28, 2020, 07:54:44 PM

Quote from: chaser15 on July 28, 2020, 05:49:36 PM

But for me, this kind of age restriction does have flaws and not actually followed by 100%.

True, specially in online gambling wherein there's a lot of kids that can bypass and still play even if they are below 18 years old.

Youngsters nowadays can easily lie about their age in making social media accounts, emails or just in order to play XXX games then what more for a not very strict gambling site. That's why parental guidance is advised.

Janation

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Im good with 18 but the problem here is that despite us wanting to limit the gamblers to these age, younger people would still be able ti gamble since there are a lot of ways for them to bet online and offline.

Though the problem with the generation right now is they are not that strong willed. A serious problem will happen and it will hit them hard that usually they end up getting deprressed. I know that it can all affevt us if we have a problem but they have a different way of accepting it and that might affect their attitude, their behavior during and after gambling.

MCobian

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I strongly agree that there must be an age limit for playing gambling. Because gambling activities that can make someone addicted
and of course gambling also includes high-risk activities. So it is very dangerous for children to play gambling, I have read article
a child steals his mother's jewelry because it has become gambling addicted. Then the age of 21 is someone considered an adult
and can think logically. At least children aged 21 according to research have been able to determine the good and bad.

Topic: Should there be any age limit of Gambling? - page 10. (Read 1399 times)