Topic: What Would a Nation of Sports Gamblers Look Like? (Read 611 times)

Online betting is unstoppable one for now. Most the big whales involved in online betting. The punishment was not a speed breaker for the online betting. Many people using the platform to escape from the money laundering, they will do the betting and withdraw by the mean of they doing it as a resource. All use this strategy to do exchanges of money. If they well at gambling strategy, it help them to earn more money from it. But if they loss without the strategy, it won’t affect them a lot. So it’s reason they chose of Online betting. In many countries online betting is legal one and people earning more from it. It may over take the Offline betting one day.

The legalization of online casinos may be easy. Still, we know that online casinos can be created in countries where gambling is allowed and they can easily grant operating licenses for those online casinos.
But here, what needs to be considered is what will happen to its citizens if casinos are allowed in their country because this can trigger citizens to play gambling often. After all, they think that by gambling, they can get money easily.
We have seen that online casinos are getting more and more popular nowadays and lots of new people want to try to earn money from gambling.
So what are the consequences if, in the end, a country legalizes gambling for its citizens?
They will use gambling to make money.

Yes, because when gambling is now legalized, it means that it can now be taxed and tax can also go in the development of the country but that is if the government of that country is not corrupt however there are people who won't agree with it because they are selfish and don't like to be charged by a tax and there are also people who think gambling is bad so they won't agree to legalize it.

I don't know on why say that the legalization of gambling is bad for the offline business sharks. Is it because they don't want to be taxed as well? But they will still bribe the government, which is still the same. A new gambling biz can affect the existing ones only if they can offer better stuffs.

The government can do something, like tracing these illegal activities and shut them down.  Though I believe the government cannot stop these kinds of illegal activities at least they can trim them down and punish a few.  That may also give examples to those who plan to create illegal online betting and will possibly slow down the growth of it. 



Well, I agree that the government instead of totally banning gambling must think of regulating the online gambling industry instead.  This way they can get profit from the activity and at the same time reduce their budget for tracking people who do illegal bets.


I think the earlier years of online casino does not need much regulation but as it becomes popular and problem about money laundering being attached to online gambling then the government or authority decided to implement regulations and KYC to prevent illegal activities online.

Actually, they can do nothing to stop online betting. It's like piracy, there can be laws forbidding and punishing the practice, but most people will still go for it, doesn't matter what regulators say. And in fact, who should choose what kind of gambling is better (virtual or physical) are the customers, so casinos' owners (including the tribes) adapt themselves to what customers are demanding. It never works on the contrary in business and service provider to customer's relationship.

I'm sure they are all going to work together on the solution which provides online gambling and sports betting to the community. After all, it's the only alternative anyway.

Maybe in the past it was possible for online casinos to grow without having license or legalized by the government but nowadays it's not possible almost all the reputed casinos have licence and if new members are looking for a new casino they always check for the licence and feedback from the existing users so if a new casino want to grow and survie along the huge competition then they need to tick all the boxes.

Legalisation of online casino was the easy one for the government. Because by passing the law, it was the easy one. The offline casino will affected, if the government legalised the online casino. So the offline casino people will not allow this to occur. It’s common one in all the business. The Offline casino running people will be more powerful person of their country. So their influence was made effective as compared to online casino. So this type of activity can’t be changed at any circumstances. Only solution is both can earn by not interfering other business.

Some online casinos don't focus on legalization but their main goal is to earn and make their business grow even without any connection with the government. But for offline casinos, they always need the approval of the government for them to continue their operation.
If a city would be filled with sports gamblers, it will help the economy through their taxes which is beneficial for both parties. However, it's still important that people would still know their limits when it comes to gambling.

Legalization is good for the government but for the existing offline business sharks its not going to be so they will push the government with all their influence to stop legalization. Making the online gamble will not affect the existing casino business for sure but still the empire they build for decades will not be upright but with the evolution its not possible to suppress for too long.

Yeah, there's a lot of things we need to see and we need to have a set of rules that everyone should follow, let us assume that government in that certain country legalize gambling and don't have any problem with it, they should list all the things that they might encounter for his such as the addiction that it is very hard to in this industry, everyone can suffer greed but not everyone can handle it very much that it will lead to addiction.

I agree about the ban - it never solves the problem (if there is one at all) and only worsens things for the people whom the ban is supposed to protect. As for the Metaverse, you argue logically, but corporations have long switched to a model where users do everything themselves and also pay for it themselves, so I would not expect that the development of the Metaverses will take a different path. Of course, 0.001% of all users will receive some kind of compensation for their activity, but the rest will not.

We will know very soon here in the United States.  My state, Illinois, legalized gambling about a year ago. Honestly besides the extra tax income which is great and put to good use (well, some of it) not much has changed here.  There are a shit ton of video poker machines stores allllll over my city, I live in a city of 100k-ish people and I bet we have poker machines set up in at least 4-500 different establishments.

I mostly support the freedom of will.  It's super duper easy to gamble online illegally so why not legalize it and make tax money for the betterment of the city. 

Like marijuana legalization here, gambling legalization has made it a better, more free place.

To be fair, prop26 is also fighting for a moral reason, which is (from what I understood), limiting the influence of sports betting towards brick and mortar. Letting it spread online makes it easier for younger audiences to touch upon it after all (though considering how the internet has grown, is kind of too late).

I'd say that's infinitely better than a country-wide ban on gambling. At least it's controlled in a way. Though at this point I'd just say they're fighting for the profits they'd gain, prop27 wins and brick and mortar casinos drop in users, prop26 wins, and online would never even be able to be released.

In my opinion gambling should always be legal in a country. Having a nation wide ban on gambling is wrong as it will never remove gambling complete from society. The only thing that a ban is going to do is shifting it not hiding from the government. Private underground casinos will pop up and still satisfy the demand for gambling and sports betting. The government is missing out on taxes and also will not offer a legal framework for the citizens. It should be every persons choice to decide if he wants to engage in gambling or not. And as long as it's legal a gambler doesn't need to be afraid that he will scammed out of his winnings, he has the law on his side. In my country sports betting is a big market and is part of the culture over here, if politicans would try to ban it then there would be a public outcry. As for the metaverse I think it's the future and will be a big part for people watching sports, betting and engaging with each other while sitting on the couch at home. I would only be wearing a costume in the metaverse if I am getting paid for it. It feels a bit like making a promotion on Facebook or Instagram, as everybody else is going to see you with it. And a company should offer some goodies or monetary reward for people to promote their business.

Hello bugwaysa, yes I answered, but if you look closely I did it in this board of the wrong forum (which does not belong), when they told me this, that was the reason why I deleted it, because I did it and I did not pay attention to what was inside from another thread, if I leave a post from another thread in this thread it is not correct, anyway I apologize for the inconvenience and misunderstanding caused.

You clearly did not made a mistake since you are replying to QueenVera

https://web.archive.org/web/20221125013407/https://bitcointalk.org/index.php?topic=5418224.20

Yes, in fact it is a very clear option that when we make a bet it is like in trading, we ourselves are to blame, we cannot predict exactly what may happen in a sport, but there is something clear, here in sports betting we have more chance to win than to play in a slot machine, because in sports betting our decision is what makes us win or lose and we do not depend on a random system, if luck can be mixed, but it is optional. In the event that I choose a particular sport to bet without a doubt, it is soccer, other sports can be boxing and UFC, in other sports I need to learn, I do not have the experience to face making a bet blindly, it would be losing money.

So many sports pickers these days that some of the gamblers don't even know the game, they just bet based on what YouTubers pick for them.

The article actually branches out to different sub-topics about sports betting but it's a very political article that lets every voter see whichever party wins, the winning party will do no different than the other will do, all lies. The same effect and the same thing, sports betting will continue either in the area or online.

Gambling houses will do whatever they could to gather people in their favor, even if the means they employ to reach is that is of poor taste. To be honest I don't think it would work with the people. The fact that it insinuates that gambling does good is already a flawed concept, let alone that the taxes they incur are being paid to fight homelessness. We take a look at everywhere and it doesn't seem like actions against homelessness is being taken to alleviate it, let alone to completely eradicate the tragedy. This advertisement, if true, is done in poor taste and should be a lesson to every gambling company out there not to.

You also have a point in attacking the homelessness tragedy but without the primary proprietary entities to handle the issue, there wouldn't be an end to people lying in cardboard boxes in the streets. The government needs to be urged, or we could just leave it to the NGOs and watch it gloriously fail because they lack the proper funding.

You said you doubt about gamblers bragging and I said bragging leads to fight. Ok, you agreed that once losing huge amounts is involved there can be fights among gamblers. Whether they brag or not, it is the fights that matter. We need a country that its citizens live in peace, no fights. A gambling nation will be without peace whenever the major or dominating side loses huge amounts.