Will You Play? - page 3. | Bitcointalksearch.org

3meek

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Quote from: cabalism13 on May 07, 2020, 07:09:16 AM

I don't know if there are already some casinos existing with the folowing features:

-In every losing bet, 1% of it will be donated to their handpicked charity
-For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.

If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?

I think it would be good if a player chose to donate his winnings to charity or not!
Either donate from the total casino winnings...

Fundamentals Of

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This may look good but it should not be made as a standard. If the casino wants to donate to a charity then it should just organize an event especially for it. For example, it could stage a charity day or week with these rules. But having these rules day by day is not attractive to a casino. This would only add up to the house edge burden.

Naida_BR

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Quote from: cabalism13 on May 07, 2020, 07:09:16 AM

I don't know if there are already some casinos existing with the folowing features:

-In every losing bet, 1% of it will be donated to their handpicked charity
-For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.

If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?

It feels like users will be forced to make donations with their bets.
If this systems was not obligatory then I think that it is a good way to attract users in such a casino platform.
I don't think that there are a lot of user who would choose to make bets and donations but it is a good idea to be diversified from other casinos.

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Quote from: cabalism13 on May 07, 2020, 07:09:16 AM

If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?

No for me. Simple as that.

I'm not a hardcore gambler and I would want to help the people in need at this time, I'd rather give it to them directly or give the money to a trusted people who are really helping those in need. I don't see any gambling company that is doing this thing unless they are helping in silence. I'd like the strategy to help though but at this moment, few people have spare money to be used for gambling purposes since they are keeping their cash to buy their needs.

BitcoinTurk

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Quote from: cabalism13 on May 07, 2020, 07:09:16 AM

I don't know if there are already some casinos existing with the folowing features:

-In every losing bet, 1% of it will be donated to their handpicked charity
-For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.

If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?

If there is a gambling service that provides service as you mentioned, of course, I would prefer to carve here and donate while I am enjoying my gambling pleasure. Since I usually play for pleasure, I am someone who plays games until my case is reset, so there will be no excessive changes for me. However, I would like to state that if such a service exists, the accounts should be constantly monitored and these donations should be done only with the consent of the user while making a deposit or withdrawing money. I think that many users would not prefer it if these transactions will be made one by one for the gain and loss that will occur in each game. I think the method you specified is not a bad method and it will help to collect nice amounts of donations if it is applied.

Bitinity

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Depends on the casino, if the casino is well trusted then it wont be a big problem for me. With this case, we are donating while gambling which awesome although what we donate is just small amount of money. In this current situation, many people needs our donation so if we want to donate then we can just donate it directly without gambling it first. If we should relate it to gambling/casino, we can find casino that is offering this program so we can send some amount through our gambling account toba specific address then all collected funds will be allocated to the chosen charity.

kotajikikox

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Quote from: cabalism13 on May 07, 2020, 07:09:16 AM

I don't know if there are already some casinos existing with the folowing features:

-In every losing bet, 1% of it will be donated to their handpicked charity
-For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.

If this will be initiated in gambling sites?for sure there are so many gamblers here that wanted to help others by donating but the problem is they are prioritizing their betting money so the end they cannot donate as they lose already their money.

Quote from: cabalism13 on May 07, 2020, 07:09:16 AM

If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?

I will surely play mate,at least trying my luck to win at the same time a chance to Help charities even in small percent from my gambling activities.

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Quote from: stadus on May 08, 2020, 02:36:17 AM

Quote from: CryptopreneurBrainboss on May 08, 2020, 01:56:01 AM

PS: instead I'll go gamble somewhere else and hopefully after making enough profit, I'll decide on how many percentage I intend donating to not just some charity organization but the helpless fellow on the street where I reside.

That's a hard job to do, unless you are a winner in gambling,.. the reality is most of us are losing in gambling, and the casinos always wins so they are the ones who should be giving donation as they make a lot of money, whatever their system is the main intention of the gambler is just to win and if we are lucky that's the time we can think of donating our money, but like I said, it's a hard job to do.

That's what make it special, and good in the sight of the Lord. When you plan towards giving to those in need, the blessing of the Lord locates you and probably that day might just be one of your luckiest in regards to winning big. We shouldn't mandate people to give people because you feel they're the ones benefiting more from a system. Every individual should learn to give willingly even when you don't have enough for yourself. Learn to share the little you have. The casinos might donate thousands of dollars and to the eyes to men, they have done well but only God who reads the heart knows better.

PS: most of those donation from the casino might just be an avenue to promote themselves as good and also to get more customers from the community they're exercising this charity in. Nevertheless, if the casino willingly does this then I got no issue with that, it's their choice but they shouldn't be mandated to do so. Lets not force giving and take the whole fun out of it by making it a business.

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Quote from: ultrloa on May 07, 2020, 07:39:38 AM

Quote from: cabalism13 on May 07, 2020, 07:09:16 AM

I don't know if there are already some casinos existing with the folowing features:

-In every losing bet, 1% of it will be donated to their handpicked charity
-For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.

If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?

I think you got that idea on PAGCOR right? but I don't know how percent they distribute for charity but if someone follow the same what they did for sure I will play in that site since I know my money lose or won have proper destination which could save some lives or anything. But i think it's far to be happen since I think it needs legality before this plan will be done by any online gambling sites.

Yeah i believe OP gets this from PAGCOR's charitable works now and really admire this advocacy because at least there assurance of part from gaming industries will be for those who badly needed now.

Of i am not mistaken there is a thread here that has this kind of topic or in exchange i guess?

But like you if this will be offered from the gambling sites that advertised here in forum?i will gladly play even with small amount .

coinfinger

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Quote from: rhomelmabini on May 07, 2020, 08:08:30 AM

That is a nice feature, I was in awe there's something like that already on a casino. This time I guess that feature should be implemented by most prominent gambling sites if they want to help those who are in need because of the pandemic. I think I'll still play even this do exists, 5% for every win isn't that of a burden if it help others.

I also like the idea and it doesn't bother anyone too much because when we win we are fine paying a small percentage of winnings to the charity but I believe rather than taking fees per win it would be a nice idea to charge the fees on the cumulative winnings for the casino or the gambler.

I was actually considering paying all my rake-back earned from all casinos to a charity if possible, it is not big but I do wager a lot all day and ,monthly I can easily donate all the rake-back I collect without dropping a sweat.

I believe big casinos need to come forward and take some strong steps and maybe sportsbooks too.

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Quote from: freedomgo on May 07, 2020, 09:49:49 AM

Quote from: DarkDays on May 07, 2020, 09:39:54 AM

So that's an effective house edge of 3% pretty much.

I am just curious, how did you get the 3% house edge?

I only pay attention to the at 1% o the losing bet that will go to the charity, and OP did not mention a certain house edge or a certain game.

The 1% from the losing bet doesn't matter, you only need to know how much is the difference between the actual and casino's payout (for winning bets) to get the house edge.

In this case OP specified 5% would be reduced in each win so you get 2.5% more or less it's 3% since casinos need to profit from it as well. For a more detailed explanation in calculating the house edge you can check this post from buwaytress.

stadus

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Quote from: CryptopreneurBrainboss on May 08, 2020, 01:56:01 AM

PS: instead I'll go gamble somewhere else and hopefully after making enough profit, I'll decide on how many percentage I intend donating to not just some charity organization but the helpless fellow on the street where I reside.

That's a hard job to do, unless you are a winner in gambling,.. the reality is most of us are losing in gambling, and the casinos always wins so they are the ones who should be giving donation as they make a lot of money, whatever their system is the main intention of the gambler is just to win and if we are lucky that's the time we can think of donating our money, but like I said, it's a hard job to do.

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Quote from: cabalism13 on May 07, 2020, 07:09:16 AM

If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?

Charity shouldn't be forced on people, it makes no sense and even God won't accept such acts as giving to those that are in need because you were been forced to give and it's not from your honest heart. Assuming the platform has an option to choose whether you intend participating in the charity rules then I won't mind using the platform but it becomes compulsory that every gambler must accept that condition as a result of it been imprinted in their terms and conditions, I won't patronage such casinos.

PS: instead I'll go gamble somewhere else and hopefully after making enough profit, I'll decide on how many percentage I intend donating to not just some charity organization but the helpless fellow on the street where I reside.

Zeke_23

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Quote from: Janation on May 07, 2020, 09:58:54 PM

I think that is a great idea.

But I think this should be done by the gamblers itself. The gambler will be setting up the percentage of the amount they wanted to donate and it should depend on the deposit they have. Gamblers might regret doing that in the long run since they might have a good amount in deposit and would just want to bet the amount they betted.

Do you mean that the gamblers will personally save the said percentage and donate it personally to the charity they want? It is a good idea, but as you said, gamblers might regret this, because most of the time, gamblers tend to risk all their remaining money in gambling in exchange for having the chance to win.

lienfaye

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Well 5% is not a big portion actually and knowing that you help someone through that is an acceptable reason to not complain however its another story if we're talking about huge money.

For me its fine and should not be an issue because there's a valid reason, its our little way to help those in need. But it woul be best if we often win so we can give more.

Lorence.xD

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Five percent is just a quaint number but if you think about it in a large scale, that is a huge cut for player, and if I were to form an answer on the player side I would say that it is a disadvantage, but when it is on hte business side, it is a whole different story, the answer for that is an absolute yes, because these one percent that the business will impart as a charity can be used for tax deduction and will greatly benefit the business, plus the gambling business model is structured in a way that the house will win most of the time.

maxreish

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It is not bad at all to gamble with a good purpose. If it's donating let's say 2 to 5 % of your wins to a charity program then it's fine with me. However, as a donator of course I wanted to see some proofs that the gambling site who do that kind of platform will really giving those donations to the one's in need. I am open for that idea.

Though I never saw some casinos doing that, maybe it will be better if the casino will not forcely get the 5 % pot. Afterall if it's donation, it should be giving out wholeheartedly without the reqt's of cashing out 5% because actually we can give more than that if we voluntary give.

Janation

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I think that is a great idea.

But I think this should be done by the gamblers itself. The gambler will be setting up the percentage of the amount they wanted to donate and it should depend on the deposit they have. Gamblers might regret doing that in the long run since they might have a good amount in deposit and would just want to bet the amount they betted.

Wexnident

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Why not? As long as you gamble to entertain yourself, playing while having the mindset of donations being made when winning is a pretty good one tbh. Unlike the mindset of playing while expecting more money to come to you, which inevitably just ends up to you being addicted to gambling. Like it gives you the mindset of one more, one more and I can win again, one more and I can hit the jackpot kind of thing. Tbh, those numbers are already pretty huge if you take into account the number of people gambling. Besides, this actually makes gambling a bit more helpful and could possibly give it a more positive image. You help while entertaining yourself, ain't that quite nice right?

Eugenar

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I really don't know if there are existing casino gambling with that kind of idea, giving 1% of your bet and 5% of the reward to the charity is a really good idea because that small amount of percentage of your money is just a simple thing but for those people who will receive it as a charity will be a great appreciation. Imagine, there are many people who are saying that gambling is not good at all because it makes you addicted and the worst things are that you may lose your life when gambling and if they will know that they are some gambling that gives charity for those people who needs it.

If there are gambling like that, I would choose it to play because that is more productive than other gambling because aside from earning money and evoking while playing, you also give help to others.

Topic: Will You Play? - page 3. (Read 621 times)