They put an end to online gambling: what do you think it's going to happen? - page 6.

qwertyup23

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

I find it difficult to understand what you are saying due to grammatical errors but I assume you are saying that you overheard a person saying: if online gambling ceases to exist, then this will cause financial and economic ruin?

First, I doubt that this will happen due to the benefits that online gambling brings to the government. It provides an additional revenue stream on the part of the government due to the taxes being paid.

Second, even if they remove online gambling, there are still other ways in order for the government to generate income. Sure, it may hurt the economy but there will be ways in order to compensate for it.

Lastly, if online gambling is removed, then people would go back and switch to the traditional physical casinos though expect a significant drop in numbers.

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That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

Again like what I have mentioned above, there will be other ways in order to generate revenue on the part of the government.

On the side of its users, people would switch to physical casinos. But if you remove gambling completely, then I guess people would find ways to exhaust this kind of addiction into other ways.

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These are statements that carry no weight. The gambling sector worldwide may be worth half a trillion, but other industries out there are much more important and could destabilize a lot of economies. That person who stated this could just be carried away by his emotions hence why they were able to utter these words which are obvious exaggeration.

Given how big the gambling industry has become, it will take a huge force in order to stop it and prevent its operations. Lots of stakeholders, investors, and deep pockets are already involved, and the government only follows where the money is so there's a very slim chance that these bans will really happen.

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Gambling is just one of many source of entertainment. You can go traveling, drink on the bar, and activities that you can enjoy in exchange for your money. The existence of online casino makes gambling accessible to anyone in any part of the world as long as you have an internet connection.

There’s a lot of casino that offers decentralized games which doesn’t need you to provide KYC so even if your government ban gambling you can still play online using the decentralized casino.

This is the perks of living on digital world which everything is accessible already.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

Gamblers are not the ones that are benefitting from gambling because people that are gambling are losing to gambling. People that are benefitting from gambling are the gambling platform owners and their workers. I will agree that this can lead to unemployment.

Quote from: Ojinga on May 11, 2024, 02:42:12 AM

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

$200 to win $1000000 daily? This statement is very wrong.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

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What now? That scenario is so far away from the reality that it's even a question as to why it is connected to how will we cope when online gambling gets banned. Anw ignoring the initial story, I wouldn't particularly do much about it. I don't really see gambling as a must do activity, it's there and I enjoy it and it's available so I play it, if it's not then that's that. I might try to access it via VPN sometime but that's probably the limit of whatever I'll do to try and continue gambling. Anything above that like moving to a new country would probably be outside of what I'd ever think about in the first place.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

So if their is no more online gambling that means definitely there won't be no more gambling at all.

Sounds like an obvious made up story since no one will ever discuss this kind of conversation regarding gambling in a bus as if it’s a necessity for everyone. I believe this is only applicable on states like Vegas which casino is main source of income of most worker in there.

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So how will you cope in your country if eventually they put an end to online gambling?

Again gambling is not a necessity. I think anyone can easily cope up on gambling unless you are already an addicted gambler. You can always socialize with your friends as substitute for gambling entertainment.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

First of all, you said online gambling, and not gambling in general, if the government put an end to online gambling, gamblers will make a switch and start patronizing physical gambling and betting outlets, offline casinos, this is what is going to happen and I believe it is very easy to understand.

Secondly, I would also say that its actually very important for us to stop imagining things that are not possible to happen, it is impossible for the government to ban online gambling for no just cause or reason, one reason why the Nigerian government are banning cryptocurrency trading in the country is because, they assume their naira is being manipulated by traders, gambling has no such accusation against it, so I see no reason why it should ever be banned.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

That's impossible, gambling online operation in my country earns a lot from biggest business owners who's running 24/7. They're paying huge taxes because both physical and virtual gambling activities earned huge amount of profit. Though most people patronizes online gambling platform and they lost a lot of money, they still find fun and lucky wins from this.

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If a country is having a struggling economy, the government should be doing enough to support it and create new sectors, rather than destroy the ones they deem "unsafe". Yes indeed gambling may indeed have some harmful effects in part of the population but a government should prioritize to crush corruption, create infrastructure, lasting jobs, a viable public services sector etc. Countries like Indonesia for instance have introduced very draconian measures against gambling but people still want to do it.

Instead, what are governments doing to combat their ailing public sectors, unemployment, crumbling infrastructure etc? To be perfectly honest I care more if my country has functioning hospitals, food guaranteed for everyone to eat, free universities etc. rather than forbidding gambling. So long as my country is not prioritizing these, I'd be very against my government focusing its resources in fighting online gambling.

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So the government relies on gambling to advance the economy and its citizens rely on gambling to receive many benefits? I don't believe the government relies on gambling in fact there are other things that make the government more advanced in its economy maybe the government just tax the gamblers.

I don't believe this will be the fatal outcome of the government ending gambling in the country.

You know how to go from $200 to $100,000? I will learn the strategy from you if you know. LOL
Hey gambling is not something easy you say, if it was easier then all gamblers would be rich, is there any special strategy? I don't think there is in gambling.

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If it was that easy to turn $200 to $100k with the help of gambling then I would be doing it 24/7, that seems possible when you're living in a fantasy world but in real life nothing like that happens OP. Most of the casinos have already got bankrupt if someone could turn $200 to $100k daily on their casinos.

I have always said this and I will say it once again that gambling is good way to have some fun and earn something if you're lucky but it's not a way to make money or earn an income unless you're referring others and earn money from a referral program.

This thread sounds like a fictional story to me because it's not going to happen in real life, and in gambling not possible at all. So OP you must have to understand that someone who earns $100k per day would never tell anyone about it.

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reading OP's post whether this is a fairy tale or a true story. If it's real, get 100,000$ per day. I doubt that person. Of course, the gambling website owner will monitor the account, so can get big wins every day. and it's certainly not easy with capital of 200$ to become 100,000$ unless the website is hit by a bug. because yesterday my friend got information about a crypto casino bug on the forum just because a small coin swap turned into thousands $$

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

I can't imagine a country going bankrupt and its people going hungry because of putting an end to gambling the administrator of that country is not that good for its people to rely on gambling I have never heard so far of a majority of people in one's country goes hungry because they only rely on gambling and if a country relies on gambling taxes revenues and work for the people why would they stopped it.

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So how will you cope in your country if eventually they put an end to online gambling?

We are still going to be ok and will be fine, and many purists will even thank the government because our government has a lot of resources to sustain its economy.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

I think that if the economy is that bad in a country the government should take measures to stop gambling at least,this way the money that people throw into gambling would be going to food and grocery which can be good for people that go in ruin and don't win anything in gambling.I know that someone,some very few persons can hit it that big of an amount enough to be a life changing event but the number of persons losing a lot of money is much higher and it is of no benefit for the general population and as such overall that can be a good option to restrict gambling so people can have their suffering somewhat alleviated.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

That someone is so ignorant. Of course, the government can survive without gambling, but taxes coming from gambling can help the government coffer to sustain its economy; there are countries where gambling is restricted or banned, and there are two or three countries that rely on gambling but they use gambling to attract tourists.

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That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

My country will be fine without taxes coming from gambling; the taxes coming from gambling that my country is collecting are not even 5% of my country's revenue.
The economy of the country should not rely on one industry. Every country's wealth is its people and natural resources, so a country that relies on one single source of industry its economy is doomed to crash, Macau and Vegas do not only rely on gambling alone they have tourists and other industries that generate income for the economy, so it's an overstatement to say that if gambling operation is ceased the economy will crash.
Every country has economic managers and planners, so they know that relying on one industry, like gambling, is bad for the economy.

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Reading the OP’s post brought a thread I read recently back to my mind which said “what’s the main reason for gambling?” And it seems like a lot of people still don’t know it yet.

Op you mentioned turning $200 into $10,000 through gambling are you also aware that a million dollars could also be lost through gambling and that it’s possible to gamble for a month and not come out with any profits? It’s called gambling for a reason and anyone who goes there with just the intent of turning their Pennies into gold will end with nothing or turn to a chronic addict and that’s just the simple truth.

If you’re looking for a means to earn good cash then learning a skill will be the best place to turn to, not gambling.

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Getting a win from gambling is not easy. However, there are still many people who tend to make money through gambling. This makes them lose money that could be used to meet their daily needs.

Even though the government has abolished online gambling, there will be offline gambling around your place. It is difficult to eliminate gambling because people already use gambling to make money. But even though they lose a lot of money from gambling, that doesn't stop them from still trying it.

The government can only limit people who frequently gamble. Maybe explain to them that gambling is not a place to make money. And it also depends on each person. If they realize this, they will slowly reduce their gambling activities.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

Where are you? Vegas or Macau? If either then I'd believe that he's right.

Quote from: Ojinga on May 11, 2024, 02:42:12 AM

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

But if he's a casual gambler, I don't believe with his words that he's going to make that much. Most of us are losing and having a bad day and with unbelievable amount of gain with a small bankroll.

That seems to be a sign that he's addicted.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all.

First I think you meant #200 (Naira) and #100,000 (Naira) because someone complaining that way about no job may not be able to bet with $200 daily not to talk about winning $100,000 daily.

Talking about the situation with banning of gambling, you can only see people who feel that they will die without it in countries where there is high poverty rate and no employment because those countries only bet for profit nothing at all related to fun and they see gambling as source of income. This is evident in the speech that he has made by himself. Third world countries have most people gambling for the reason they don't have choice of financial sustainability.

Quote from: Ojinga on May 11, 2024, 02:42:12 AM

So how will you cope in your country if eventually they put an end to online gambling?

There are countries whose masses don't depend on gambling for survival. So except you are depending on it then you will have issues if the government wake up to ban it.

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Quote from: Ojinga on May 11, 2024, 02:42:12 AM

Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

Interest Ask. I don’t really understand what you mean when you say that a person can bet 200 dollars and get 100,000 dollars a day. Maybe this happened for someone, but I definitely can’t say that it will work out for everyone.
I can give you an interesting example. In my home country, which is also poor and the population has big problems with money, they did it as follows. Gambling is completely prohibited, but there are special places where people who have a lot of money can safely gamble. These can be tourist cities and playgrounds, etc. That is, gambling is simply no longer available on a crowded corner in any city. This is done so that ordinary people who have problems with gambling addiction do not spend their last money on games, so that they do not take their last dollars from their family, from their wife, from their child and do not take them to the casino. There have been many stories of people taking the last money from the family budget and then ending their lives because of it.
We decided it this way. Now people who have a lot of money can go to special places and play. Poor people can't do that.

Topic: They put an end to online gambling: what do you think it's going to happen? - page 6. (Read 650 times)