Topic: Will you still gamble? - page 4. (Read 1762 times)

Poker already works like that, if you are playing a cash game the casino keeps a percentage out of each pot, this is called the rake and it is a tariff that you are charged because the casino is offering you its installations to play, so I think it is a fair trade if you ask me, however some casinos can charge you up to 10% for each pot and that can be quite high, as it means that you need to have a good hand whenever you participate on a pot or such a rake will not allow you to become profitable.

Yeah, that's not a good sign, and additional work for their support if such a situation would occur.

I don't know if it's a reality or not, but I've seen some comments in other threads that say that if there is a period of inactivity in a casino they are capable or have the permission to have their accounts blocked, regardless of whether they have money or not, but if that is the case it is not a very good thing, because if I have money in the casino and I want to be inactive it is my decision, if the casino claims such a thing, being in its TOS is one of the things that I do not see Well and that should not apply under any type of circumstance.

There could be some people that will trade for fun just as there are people gambling only because they want to make money but gambling should be for fun. There are people that just like it do the opposite of things and that is what makes them happy. Casino would never charge you to gamble because they will be chasing away their customers when they do that. Casinos are richer than exchanges because of the profits they make daily. Only the sport betting market is huge and when you add that to the casino games volume, you will see why casinos do not charge for playing. They are already making direct money from the lost of games by gamblers and people are not going to stop gambling because they believe that they too can be lucky as some people who have been lucky from gambling.

Yes, agree with the thought you express. A crypto exchange platform and a crypto casino will never be the same. Generally exchange platforms charge a small trading fee from a user but his main investment is in the exchange platform. But when someone is gambling there is no need to charge the casino fee because if the casino wins there they are able to take the full amount of the gamblers bet. They have income in this way. Many casinos may take a small amount of their house edge against gamblers' bets but that is an internal matter for them as the amount paid to gamblers against bets remains open. So I wouldn't think of an exchange platform and a crypto casino platform as the same thing.

Centralized exchanges doesn't take your money, they only give you a medium to trade between one trader to another and in that way they charge you some fees which is more like there own commission and for withdrawals is the fee you paid to get your coins from your exchange wallet to your own personal wallet or destination address where are casino are there to collect your money because you are strictly betting against them with motive of making money.

The centralized exchanges are just business people, take them like the way bank work and you will understand them more better. You are betting against casino and they wouldn't charge you because they have already taken their money but centralized exchanges doesn't do that. If they take your money and get liquidated, you're paying that money to another trader as profit and not the exchange and revenue must be paid for service in your country.

A lover of gambling can not because of change of rules and regulations of gambling and they began to leave gambling, if you're a lover of anything including gambling in any change they made I think you will be one of people who will accept the the amendment of the features of it, you have said it all that people who trade or exchange if their is a change those people will accept the change so therefore I believe that change is something that can make us to understand that nothing on earth that can be constant from my understanding, adaption most occur in anything you're doing

Easy ways to make money is one of the best ways to make money quickly. Though you might be lucky to get the quick money but truth be told that it won't last long because quick things are like fake things that doesn't last long. However, there is possibility that if you are lucky and use the money you get from easy methods properly you can make more from it when you try new things that doesn't include easy methods. Am just trying to say that most hard works pays more than easy works and most easy activities pays more than hard works, but the truth is that gamble is not among the easiest or hard ways to make money.

Yes of course in trading if you can be more patient then maybe in the end you will be able to achieve recovery when the price of the traded asset goes up again or even get a profitable position, but yes of course if we talk about gambling then as you said that the casino advantage already exists, meaning that from the beginning the system has been determined, and this is why many people say that casinos will always be superior to gamblers.

Therefore, this is why self-acceptance regarding risk must be owned by every gambler, and this is an awareness that can keep you from losing control when you experience defeat, and this is also the reason why gamblers are always advised not to make winning a priority.

If ever a business or platform would really be putting up some fees, then it do really shows that they are really just that being too greedy and it would really be that impossible that gamblers wouldnt really be able to notice it out that they've been that currently being abused on this aspect. We do know that they do have that house edge on which we know that these is where people would really making up those
reactions on what the heck they've been doing on which adding up more deductions for your winnings will really be that imposed. Who would really be on their right minds on trying out to stay into something
on which we know that this isnt really that just right. Just like the rest been saying that on the time or moment that people would be seeing something like this then it would really be ending up
for you to be skeptical on playing.

Casinos does not need charge such fees because they are already very much profitable in their business with funds lost every minute by gamblers. Casinos on the other hand would loose most of their loyal gambling clients and people would not feel very comfortable to have fun there if they impose fees on them, it will feel as though the casino is extorting them. Someone like me would never gamble on such a casino. Instead of extorting from their clients, they should even come with incentives for their loyal clients, and it would make them to gamble more and the casino gets their profits as gamblers exhaust their bankrolls.

Trading and gambling have possibly the same modulus operandi, but we can tell that there are fewer gamblers than traders, trading is a career, not the same with gambling, the losses there are enough taxes, any other would significantly reduce the gambling population and I think it would be a very important tool to discourage people from excessive gambling too.

I don't think it's necessary since there is already a thing called ' house edge '. Doing so will only be an added burden to the gamblers and a potential loss of customers for the casinos. AFAIK trading exchanges doesn't have like that and that may be the reason on why they only have a fee instead.

It does make sense to have something like that because how can they be able to sustain their operations then if those things didn't exist? Fees are not all and I think that even some has a higher fee, it can be said to as reasonable because they can use some of it in order to make their operations much better, so there are still people that will use their service and this makes some of them to stay at the top of the chain/ranks.

Oh this. Hehe, okay. This is the thing that I forgot earlier. If casinos has the house edge, exchanges do also have this but this makes them worse in terms of fees because we have been charged double apart from the regular trading fees. We still can't do much but agree since we are also making use of the exchange and our cryptos. We can still earn a profit in short.

Small traders might still be exempted by this, so they shouldn't worry. Apart from trading, I think I heard that investing is also being charged by a tax. Tax could be the reason on why some will just prefer gambling at the casinos instead. It also allows them to earn quicker if they are lucky and experience a different kind of fun.

Can't say in one word. There's a reason why when I first see older brothers around me they are addicted and they play it regularly. They hear from Pani that they get payment of huge amount and many hear from them that their huge amount of money is destroyed. But there are some younger brothers in my area who are also addicted to gambling. I saw their game and I wanted to play a bit and later I lost some money. That's why I think it's not for me and it's not the first step to making money. So always hard work should earn money. Don't find the easy way out.

I think that these are slightly different things and the casino does not position itself as a platform for generating profit. And the exchange takes a commission for transactions within its system, so I don't think it's reasonable to compare the two platforms.

Me too, so, only time will tell. We should see what it would be to say our opinion on it, really

Whatever happens in the future, I know that gamblers will still be ready to accept the changes unless it's something that they cannot handle, but I doubt if casinos will adopt new features that will be very unfavorable for customers in such a way that it will limit gamblers from using the casino. With what we are currently facing in casinos today, they are really at a great advantage because they are the ones making millions of dollars every day. Take, for example, that after winning your bet, before you can withdraw from the casino, they will charge a transaction fee of about $2. Imagine if 50,000 gamblers are withdrawing from the casino every day. You can calculate how much the casino is making just on the withdrawal fee alone. If a gambler loses a bet, the money goes to them, and if gamblers wins their bet, the casino takes a transaction fee for withdrawal. Does that make much sense?

In trading if they make a hold positon players will possible gain profit but in gambling its quite a different story because of the house edge already, so player has a lesser chance of winning than the trading, this could be painful to every gambler if they will pay for their every game and the casino has a lot of higher chance to win they will not encourage themselves to play anymore due to fees, people seek to get entertain and gets a money upon playing with no assurance of winning than trading.

If gambling platforms are taking charging for making use of their site, to answer your question if I will still gamble? My answer is no I will not gamble, gambling is different from trading to an extend, considering the fact that I gamble for fun and I don't think anyone trades for fun, trading is basically business oriented for profits maximization although you could run at loss sometimes which is a major factor in business which is either gain or loss. But yeah we can have our different options based on this regard, but as me, if gambling platforms can make an obvious charges over utilizing their sites I will apparently not going to gamble.

Maybe I would conclude that someone who can easily stay away from gambling or to stop gambling activities or to control all that greed is someone who from the beginning does not make winning the main goal or something that must be prioritized. As you said it depends on the gambler himself, it is true, but maybe we can conclude it about how their perspective and understanding of gambling is, because if their understanding is wrong, such as thinking that gambling can be used as a place to make money then of course in the end they will still be on the wrong path. Everything will be much worse and much more difficult to stay away from these activities when they have a circle of friends who are really active in gambling.

A person can overcome his gambling attraction in any way. It is entirely up to him. Some spend time with other people for gambling addiction i.e. can associate with people who do not gamble and one can change his/her place. Whether one can stay away from gambling by focusing on his main work all depends on the gambler. But walking away from gambling will not be easy for a gambler especially those who are interested in increasing their money through gambling. If a gambler can control his greed, it is possible for him to stay away from gambling easily, but it is a difficult task for most gamblers.