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Topic: The History Of Gambling. - page 10. (Read 16799 times)

hero member
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September 14, 2022, 09:45:20 PM
That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling. In both cases, we never know if those gamblers were able to recover their money and made a profit out of it. Steps like these will make them lose more and eventually they will have no option left but to suicide.

I have heard many stories about people making money by criminal means. Very often they try to lose this money in casinos. Stolen money is easy to get and easy to get away with. The sooner the criminal gets rid of the extra money, the less trouble he will have with the law.

That makes absolutely no sense. They are not trying to "get rid" of their money, it is called money laundering. In effect, money laundering is when a person or entity seeks to mask the source of money obtained through illegal activities by moving it into assets and investments that are considered to be legal.

Here is a hypothetical scenario. What if you made illegal money through cybercrime, white collar crime, stolen property sales etc. and then you go to play roulette at your favorite casino. The possibility is that you will lose many times but you will win at some point and the money you win will no longer be connected to criminal activities, and no one will ever know the real source of your money. As the casino has no way to track the origin of your money, it will definitely let you cash out your legally earned winnings.

It is because of this that at least in the United States the majority of the casinos before the 70s were owned by the Mafia, casinos were the perfect way for them to laundered the money they got from selling illegal drugs.

After all they could claim that their casinos have obtained millions of dollars worth of profits even if no one was gambling at their casinos as they could easily lie about this, I really think that this is one of the reasons why gambling has such bad reputation even if since then the gambling industry has developed all around the world and now is in fact generating incredible profits.
sr. member
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September 14, 2022, 07:41:00 PM
/../

I think it would be a good idea if you at least read the post before you start shitposting for your signature quota.

What do you think is shit posts. I said you research before you present your opinion. Read what you wrote and read my response to your answer. You should be the one making shippost. How can you explain what you don't know about. sometimes you don't need to prosecute someone or condemn someone post because you don't understand immediately you read. Try to read like twice before you react over, because nobody here wants to make irrelevant post.
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September 14, 2022, 07:08:16 PM
/../

I think it would be a good idea if you at least read the post before you start shitposting for your signature quota.
full member
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September 14, 2022, 06:37:18 PM
There is no exact date or history that tells when was gambling used but since money laundering was done dated back from as early as 2000 BCE[2], It is possible that gambling is used to launder money somewhere along that time frame.

It's not clear to me where that information in the article comes from, but I'm pretty sure that money didn't exist in 2000 BC. It was not even invented until around 900 BC, when it started being used in China. I think they meant to say that money laundering has existed for 2000 years, not that it existed in 2000 BC.
legendary
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September 14, 2022, 05:58:53 PM
Since this topic is about the history of the development of gambling in the world as humanity develops, an interesting question arises - when did people begin to use gambling in order to "launder" money. 
I don't think it was in the Middle Ages when income control was either non-existent or minimal.  I think that all these machinations for money laundering began somewhere at the end of the 19th century, when the tax services developed and began to work effectively.
 And what do you think?
 Is this the case or the process has a longer history???

It is possible that gambling was used when taxation is implemented.  As we can see taxation was implemented even in ancient times but it was in the later middle ages when crude income taxes for rich were implemented in Germany[1].  Since this is self-assessment it is possible that gambling is used to hide the actual income of a person.

There is no exact date or history that tells when was gambling used but since money laundering was done dated back from as early as 2000 BCE[2], It is possible that gambling is used to launder money somewhere along that time frame.

That history told that money laundering has a longer history.




[1] https://www.britannica.com/topic/taxation/History-of-taxation
[2] https://kyc-chain.com/the-history-of-money-laundering/#:~:text=Money%20laundering%20is%20a%20practice,a%20technique%20still%20used%20today.
legendary
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September 14, 2022, 04:39:23 PM
Since this topic is about the history of the development of gambling in the world as humanity develops, an interesting question arises - when did people begin to use gambling in order to "launder" money. 
I don't think it was in the Middle Ages when income control was either non-existent or minimal.  I think that all these machinations for money laundering began somewhere at the end of the 19th century, when the tax services developed and began to work effectively.
 And what do you think?
 Is this the case or the process has a longer history???

That is an interesting question. I am not sure if I have an answer for you, though, because I haven't done any research on it. From my limited knowledge of organized crime in the US, I know that organized crime families historically have been involved with gambling because gambling, along with prostitution and alcohol, were all forms of vice that provided steady income for organized crime families.

I do not know if the mafia still has a formal relationship with gambling, but today those organized crime families who once relied on vice for income have since diversified. For organized crime today, illegal gambling is not as profitable as it once was. However, organized crime is still responsible for illegal activities like drug smuggling and money laundering which are every bit as profitable as gambling used to be.
sr. member
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September 14, 2022, 08:01:45 AM
Addiction is quite danger, but it is possible to stay within the limits. Around the World most of the suicides were taking place out of money problem and this is not just about gambling money.
Sometimes, an addicted person needs Isolation and attention that should be carefully examined either gambling or non-gambling, a gambler who is addicted may want to stay out of the limit but if they found their self in some situations they cannot control, they will definitely go back. Take, for instance, a gambler that has borrowed money from different people, especially loan sharks who always threaten their customers who don't return the money.
That's very true because people who are addicted have to recover from addiction and if someone helps them, I think it will help their recovery process and they can get rid of that addiction. And if an addict wants to return to gambling, people will remind him to stay away from gambling. But throughout the history of gambling, not many people were able to do it because most of them could return to gambling easily. And this is why the history of gambling will continue but may take a different form from the gambling that existed before.
It is said that people are slaves of habits side by side people can do anything they want. It is also not impossible in gambling. There can be no problem with controlled gambling. It also has no chance of becoming addictive. Nowadays gambling is also said to be a source of entertainment so enjoyment is not considered as addiction.

Yes you are right that mate and enjoyment is not considered as addiction because when you enjoy then afterward you will stop or let say for the meantime if you bored you need to be enjoy in order to pass boredom unlike addiction we can not  control our selves to gamble and all the time we make a way to gamble. So that's the different between the two. And also in enjoyment this is temporary and well pass afterward.
hero member
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September 14, 2022, 06:45:20 AM
Addiction is quite danger, but it is possible to stay within the limits. Around the World most of the suicides were taking place out of money problem and this is not just about gambling money.
Sometimes, an addicted person needs Isolation and attention that should be carefully examined either gambling or non-gambling, a gambler who is addicted may want to stay out of the limit but if they found their self in some situations they cannot control, they will definitely go back. Take, for instance, a gambler that has borrowed money from different people, especially loan sharks who always threaten their customers who don't return the money.
That's very true because people who are addicted have to recover from addiction and if someone helps them, I think it will help their recovery process and they can get rid of that addiction. And if an addict wants to return to gambling, people will remind him to stay away from gambling. But throughout the history of gambling, not many people were able to do it because most of them could return to gambling easily. And this is why the history of gambling will continue but may take a different form from the gambling that existed before.
It is said that people are slaves of habits side by side people can do anything they want. It is also not impossible in gambling. There can be no problem with controlled gambling. It also has no chance of becoming addictive. Nowadays gambling is also said to be a source of entertainment so enjoyment is not considered as addiction.
legendary
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September 14, 2022, 05:43:25 AM
That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling. In both cases, we never know if those gamblers were able to recover their money and made a profit out of it. Steps like these will make them lose more and eventually they will have no option left but to suicide.

I have heard many stories about people making money by criminal means. Very often they try to lose this money in casinos. Stolen money is easy to get and easy to get away with. The sooner the criminal gets rid of the extra money, the less trouble he will have with the law.

That makes absolutely no sense. They are not trying to "get rid" of their money, it is called money laundering. In effect, money laundering is when a person or entity seeks to mask the source of money obtained through illegal activities by moving it into assets and investments that are considered to be legal.

Here is a hypothetical scenario. What if you made illegal money through cybercrime, white collar crime, stolen property sales etc. and then you go to play roulette at your favorite casino. The possibility is that you will lose many times but you will win at some point and the money you win will no longer be connected to criminal activities, and no one will ever know the real source of your money. As the casino has no way to track the origin of your money, it will definitely let you cash out your legally earned winnings.


Gambling casino has a lot of things needed to consider before they will release that gambling casino in the market and for sure still, the hackers are looking some things to get more with to catch those transactions with the different attacks but of course, it is good to make sure the platform is not prone with the middle man attacks. The casino does not have things to do with it because they will only give entertainment to the players and it is all about the players perspective to gamble more than they have.
hero member
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September 14, 2022, 05:11:30 AM
Addiction is quite danger, but it is possible to stay within the limits. Around the World most of the suicides were taking place out of money problem and this is not just about gambling money.
Sometimes, an addicted person needs Isolation and attention that should be carefully examined either gambling or non-gambling, a gambler who is addicted may want to stay out of the limit but if they found their self in some situations they cannot control, they will definitely go back. Take, for instance, a gambler that has borrowed money from different people, especially loan sharks who always threaten their customers who don't return the money.
That's very true because people who are addicted have to recover from addiction and if someone helps them, I think it will help their recovery process and they can get rid of that addiction. And if an addict wants to return to gambling, people will remind him to stay away from gambling. But throughout the history of gambling, not many people were able to do it because most of them could return to gambling easily. And this is why the history of gambling will continue but may take a different form from the gambling that existed before.
legendary
Activity: 2702
Merit: 1465
September 14, 2022, 05:05:53 AM
That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling. In both cases, we never know if those gamblers were able to recover their money and made a profit out of it. Steps like these will make them lose more and eventually they will have no option left but to suicide.

I have heard many stories about people making money by criminal means. Very often they try to lose this money in casinos. Stolen money is easy to get and easy to get away with. The sooner the criminal gets rid of the extra money, the less trouble he will have with the law.

That makes absolutely no sense. They are not trying to "get rid" of their money, it is called money laundering. In effect, money laundering is when a person or entity seeks to mask the source of money obtained through illegal activities by moving it into assets and investments that are considered to be legal.

Here is a hypothetical scenario. What if you made illegal money through cybercrime, white collar crime, stolen property sales etc. and then you go to play roulette at your favorite casino. The possibility is that you will lose many times but you will win at some point and the money you win will no longer be connected to criminal activities, and no one will ever know the real source of your money. As the casino has no way to track the origin of your money, it will definitely let you cash out your legally earned winnings.

Since this topic is about the history of the development of gambling in the world as humanity develops, an interesting question arises - when did people begin to use gambling in order to "launder" money. 
I don't think it was in the Middle Ages when income control was either non-existent or minimal.  I think that all these machinations for money laundering began somewhere at the end of the 19th century, when the tax services developed and began to work effectively.
 And what do you think?
 Is this the case or the process has a longer history???
hero member
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September 13, 2022, 07:46:14 PM
Addiction is quite danger, but it is possible to stay within the limits. Around the World most of the suicides were taking place out of money problem and this is not just about gambling money.

Sometimes, an addicted person needs Isolation and attention that should be carefully examined either gambling or non-gambling, a gambler who is addicted may want to stay out of the limit but if they found their self in some situations they cannot control, they will definitely go back. Take, for instance, a gambler that has borrowed money from different people, especially loan sharks who always threaten their customers who don't return the money.

Quote
Gambling in some cases have helped them recover from financial struggle and in some cases it have made them go deep into financial problems. Until we don't have our control gambling is not the choice of entertainment for anyone.

Gambling is relative though, there are some gamblers who went from little financial struggle and still end up crying out because they encounter another financial struggle that is more than the first one.
legendary
Activity: 1526
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September 13, 2022, 04:34:33 PM
That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling. In both cases, we never know if those gamblers were able to recover their money and made a profit out of it. Steps like these will make them lose more and eventually they will have no option left but to suicide.

I have heard many stories about people making money by criminal means. Very often they try to lose this money in casinos. Stolen money is easy to get and easy to get away with. The sooner the criminal gets rid of the extra money, the less trouble he will have with the law.

That makes absolutely no sense. They are not trying to "get rid" of their money, it is called money laundering. In effect, money laundering is when a person or entity seeks to mask the source of money obtained through illegal activities by moving it into assets and investments that are considered to be legal.

Here is a hypothetical scenario. What if you made illegal money through cybercrime, white collar crime, stolen property sales etc. and then you go to play roulette at your favorite casino. The possibility is that you will lose many times but you will win at some point and the money you win will no longer be connected to criminal activities, and no one will ever know the real source of your money. As the casino has no way to track the origin of your money, it will definitely let you cash out your legally earned winnings.
hero member
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September 13, 2022, 01:24:26 PM
That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling. In both cases, we never know if those gamblers were able to recover their money and made a profit out of it. Steps like these will make them lose more and eventually they will have no option left but to suicide.

I have heard many stories about people making money by criminal means. Very often they try to lose this money in casinos. Stolen money is easy to get and easy to get away with. The sooner the criminal gets rid of the extra money, the less trouble he will have with the law.
Casino is an easy way to lose funds especially if gambler that is making bets got the fund from an illegal ways. Sometimes it always look like it is easy to make winnings but the side story about loses may never be unveiled then. We make bets with the quest to earn from the fund we use in playing bets but in reality, the chances of us winning is very low because we are not the only one playing.

Some times we keep being on a particular game without knowing how everything began so going through this history is good and helps to sharpen our knowledge so we can know the brain behind what we enjoy and how it started.
sr. member
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September 13, 2022, 11:50:18 AM
Quote
poker still falls under the category of gambling, despite its status as a game of skill

Its absolutely gambling, theres no way even a good player wont have a day he is destined to lose because the cards dont come.   You cannot bluff everything, its a stop gap.   Im nothing close to good at Poker but I just wait for other peoples mistakes, problem is if you never have good cards which is totally possible then you lose the game that day.   Poker you win one day and always keep some because its going to be a loss another day you play, gambling overall is like that in handling the loss is part of the game.
People should have this kind of mindset that not everyday would be a profitable or winning day even if we do say that we are dealing with strategic based ones which we know that
we've been dealing with gambling then it would really be just normal that you would lose certain games on possible day which you should really make yourself that accept those probabilities
so that you wont really get disappointed or something like that because if not then it would really be creating that kind of desperation inside.
I am a player that when I start in a casino I like to see what possibilities there are in the games to win, I analyze the games and I realize when a strategy can work or not, there are also other options that exist so as not to think but to leave everything in hands of luck, whether good or bad, but then I remember that casinos always have an advantage, and it is difficult for us to beat a casino house that has so much money and that runs software that is always at the casino's advantage.

Those who win in casinos is because most of the time they lose a lot, and what they win is simply a little of what they have lost, I have read many stories and they all come to the same conclusion.
sr. member
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September 13, 2022, 10:23:51 AM
Yes you are right that mate like you said not all the time we are lucky enough to earn every single bet because in the world of gambling we can not predict the outcome so we need to control and discipline ourselves. Because the more we bet big amounts then the more we loss so if we bet a small amount then expect that our loss is small too. And if we have our luck then for sure big amounts of winning we've earn.
The expectations of a gambler in any gamble it plays is to make profit by wining a game because it's something that you think of, before making your bet. I believe that gambling is something you know from your mindset that either you win or lose and some people who is addicted to gambling don't barley know their limit in gambling playing. But sometimes i blame who don't map a particular amount of money for gambling.
The major reasons why majority of us enters into gambling is to make profits and that is what everyone likes and want to jump on so we can make a lots of money from it. The history of gambling can sharpen out mindset on how everything about gambling started so we can get some info on what we are doing right now and those that had success playing what see difficulties in and that can reshape our attitude towards gambling.
Not all but maybe some gambler set their mind that when they enter the world of gambling they start earning and make a lot of money and yes we can not say that gambling can not give us profit because when we have our luck then for sure we will win. But in my own experience I enter the gambling and the reason is that gambling is my stress relief and gambling makes me happy also sports is one of the best game ill want to bet for.
legendary
Activity: 1834
Merit: 1433
September 13, 2022, 08:46:11 AM
That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling. In both cases, we never know if those gamblers were able to recover their money and made a profit out of it. Steps like these will make them lose more and eventually they will have no option left but to suicide.

I have heard many stories about people making money by criminal means. Very often they try to lose this money in casinos. Stolen money is easy to get and easy to get away with. The sooner the criminal gets rid of the extra money, the less trouble he will have with the law.
hero member
Activity: 1092
Merit: 747
September 13, 2022, 05:17:26 AM
That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling.

I personally don't encourage people to borrow money. Borrowing money to gamble could be the worst thing any individual can ever do. We all know gambling is a risk, of which the chances of winning is always slimmer to that of losing which is why is always advisable to gamble with the little you can afford in other to avoid stories that touches the heart in case it doesn't go as planned
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September 12, 2022, 10:32:24 PM
Not all people end up lending money, I think that those who lend money face their problem in the most diplomatic way possible, I have seen some cases of addiction where it ends so badly that the person in question who makes so many loans cannot pay them and prefers to tempt against their life, which is totally absurd, because that way they will only leave that debt to their loved ones, and that is something that is done without thinking, for this reason, it is that there must always be money management when playing, that is to say what you want to take risks so that you don't end up losing more than normal and then the game is not seen as fun but as torture.


Right on point. The reason why I think those people decide to take away their life is may be because they think that by ending their life the debt will go away with them.
The fact is that in "some" cases it indeed goes away with the person because their families completely deny of the loan to be paid.
But in the rest of the cases their families are forced by the owners to pay them back the loan taken by the person.
All of this could be avoided if that person simply uses a risk management strategy and only loses what he can afford to lose.
The problem is we just have to see life from taking and admitting all mistakes we have made so far. We don't have to think in the contrary way just to escape debt when we know that our family and friends can be forced to pay back the actual money to the owner. Some persons may think by taking there own life they will escape debt but the problem is that the family they left here might be forced to pay the money.
correct , because the more we deny those facts and reality is the more we are inconsistent in having a good decision , accepting reality in gambling will save us from dumping more as we have been in this same manner for long term now.
we also knew how would it be to become more and more vulnerable when our funds dumps here and there.
legendary
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September 12, 2022, 10:18:44 PM
...
On the early days of the US many of the public projects were financed by the use of lotteries, it is quite odd why at some point in time it became illegal when they had such a huge influence on the early days of the nation.

But eventually it made a comeback thanks in part to the organized crime which financed the construction and the development of Las Vegas, which is now one of the most important touristic spots on the US.
And in Europe it all started a long time ago and now we can say that avid gamers are the heirs of the wealthy social stratum of Ancient Greece, ancient Rome and Europe. 
In these countries, the game of dice has completely captured precisely these sections of society.  For obvious reasons, the working people had no time to play.

And the passion for dice among the church clergy was so significant that even the Cambrian Bishop Witold could not ban this game.  And then he came up with a replacement for her.  Instead of numbers on the edges of the bones, he painted the virtues in symbols. Smiley

They are details of a lot of knowledge that they provide that are actually very valuable, I did not know that I had had so many things that I had gone through, however there are many details that, when well ordered, can come out as if it were a great biography from those times to the present day. Currently, this seems interesting to me, it only occurred to me when I read all the little things that happened in those times, and it is curious that by uniting all that knowledge, such a legendary story emerges, at least it seems that way to me, this means that the trajectory of games of chance is somewhat controversial and that within this there is a lot of knowledge immersed, this is quite interesting.
The history of gambling is, of course, very diverse and is a long struggle between a person's passion for gambling and all sorts of prohibitions, ranging from religious ones to violence against the player in general.  But the passion for gambling is inherent in the nature of the person himself, as the desire for happiness and wealth.  And those people or organizations that fight against gambling allegedly care about the health and money of the player himself.  These people kind of make sure he doesn't lose all his money or even go crazy. 
And this endless struggle gave rise to an interesting history of gambling and is still developing in different directions - there are complete bans in some places in the world, but there is also their complete absence.

Yes, and this without counting the number of micro stories that are generated and have been generated over time, it is a guarantee that things in the history of the game continue to be written, for a casino or several casinos in particular, this is without a doubt the taking of experience, of what they should do, what they should avoid and without a doubt what the future holds for them.

I am in favor that we must always take into account that history helps us to improve and not fall into the mistakes of the past, the past makes us the present and we take care of building the future and not only in gambling but in life, I am surely history will continue to be written with very relevant events.


Quote
poker still falls under the category of gambling, despite its status as a game of skill

Its absolutely gambling, theres no way even a good player wont have a day he is destined to lose because the cards dont come.   You cannot bluff everything, its a stop gap.   Im nothing close to good at Poker but I just wait for other peoples mistakes, problem is if you never have good cards which is totally possible then you lose the game that day.   Poker you win one day and always keep some because its going to be a loss another day you play, gambling overall is like that in handling the loss is part of the game.
People should have this kind of mindset that not everyday would be a profitable or winning day even if we do say that we are dealing with strategic based ones which we know that
we've been dealing with gambling then it would really be just normal that you would lose certain games on possible day which you should really make yourself that accept those probabilities
so that you wont really get disappointed or something like that because if not then it would really be creating that kind of desperation inside.

Indeed. It should be known to all that everyday is not a good day in gambling. There will really be times that the odds won't be on your side and that's totally okay because after all, there is just a certain percentage where you will win. No matter how good your strategy is, most of the time, the higher edge is on the house. There are just certain percentage of RTP which is beyond your control as a player. So definitely, there would be days that you will lose but do not let it eat you up. You shouldn't be shaken for a loss that you have bet because if ever you will be easily shaken, you'll end up chasing that loss until you no longer notice that you keep on losing your funds continuously.

Desperation of winning will just get you bankrupt. It won't do you anything good most especially if you do not possess the right mental headspace to handle the stress. If ever you lose, do not let your emotions control you. Remember to do proper risk assessment and management. Let yourself cool down and do not engage in further activities if you know you can't handle any more betting stress.

What you say is very true, you cannot fall into despair, sometimes for many it is difficult to accept when you have very large losses, but you have to realize things sometimes happen like that, the pressure in the game is not good, sometimes the sense of fun is lost and it goes to a plane almost of work, where many things have to be put in context, when desperation and panic enters people for losing money, it is very likely that they will enter into addiction problems, And it is there that in order to avoid this, it is as I have always said, to have a risk management control, and that goes hand in hand with the personality of each person, especially when making decisions.
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