No matter any circumstance, I don't think that casinos will charge customers for every game they stake in, just like exchanges do. Note that it's two different companies you are discussing here, and there's no way they can operate their service the same way. Exchanges make a profit from charges they get from their customers transactions and from other services they offer, such as staking. But casinos are already making a direct profit once a gambler loses his or her bet, so why would they charge for each game again when they are already charging you for the game you are playing, and if you lose your bet, your money becomes theirs?
The only time I think casinos might be asked to charge gamblers some percentage of the amount they wager as a fee is if the regulatory body that gives them licenses asks them to start charging their citizens for each bet they place, which I don't even think can be done since they can also be taxed after they are done with gambling and want to make withdrawals. Well, nothing is impossible for the government to ask for this time around, so let us not be too surprised if we start seeing such implemented in the casino. 
Topic: Will you still gamble? - page 5. (Read 1745 times)
In recent years things have changed a lot, for example, casinos have started to appear that charge an inactivity fee for accounts. This is very strange and I don't see any reason for such a radical decision because casinos are the only ones that make money at the end of the day while players are only losing money most of the time they play. That's why I won't be surprised if in a few years casinos appear that charge fees every time people play. If this happens I will continue to play at the casino, but I will reduce the amount of money and time I play because I see games as entertainment and I don't want to lose a lot of money gambling.
I wasn't aware of the inactivity fee; if I'm not mistaken, I've seen some exchanges implementing it, but not casinos, so I'm not familiar with it, but if what you've said is true, it's ridiculous. At the end of the day, they're lucrative businesses. Imagine how many users are losing great sums of money in order to afford paying all the winning bets, paying employees, and being profitable. Charging fees just to participate in betting games would be outrageous, I doubt it's going to happen in the way we're describing it, but more fees may be implemented in the future.Without a doubt this is another Reason why we as players should not leave money in a casino , if for some reason our accounts are at Zero and we make a small deposit and they take the deposit to charge a fee for it, it's simple, but I will never play in that casino Again , even if it is my favorite, I will not do it, Because in a casino you Should play whenever you want, it Should not be a kind of Condominium.
In recent years things have changed a lot, for example, casinos have started to appear that charge an inactivity fee for accounts. This is very strange and I don't see any reason for such a radical decision because casinos are the only ones that make money at the end of the day while players are only losing money most of the time they play. That's why I won't be surprised if in a few years casinos appear that charge fees every time people play. If this happens I will continue to play at the casino, but I will reduce the amount of money and time I play because I see games as entertainment and I don't want to lose a lot of money gambling.
I wasn't aware of the inactivity fee; if I'm not mistaken, I've seen some exchanges implementing it, but not casinos, so I'm not familiar with it, but if what you've said is true, it's ridiculous. At the end of the day, they're lucrative businesses. Imagine how many users are losing great sums of money in order to afford paying all the winning bets, paying employees, and being profitable. Charging fees just to participate in betting games would be outrageous, I doubt it's going to happen in the way we're describing it, but more fees may be implemented in the future.Without a doubt this is another Reason why we as players should not leave money in a casino , if for some reason our accounts are at Zero and we make a small deposit and they take the deposit to charge a fee for it, it's simple, but I will never play in that casino Again , even if it is my favorite, I will not do it, Because in a casino you Should play whenever you want, it Should not be a kind of Condominium.
The motive of this thread is for us to discuss what will be you stands if online casinos charges you fees on each game you play on them, same way excahges charges you on each trading position you open, and why should excahges charges fees and casinos not charging such fees, First of all the First objective of every business is to generate revenues, so at first I wasn't curious about this, but recently I began to wonder why the difference between excahges and casinos when both have similar features which are licensing and KYC.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
Centralized exchanges makes money from the trades you placed and got filled and the fee from the money you requested, that's the only way they generate revenue and perhaps when there is listing for projects that want to be listed with money, some projects are listed freely because of the benefits of the trading fees the coin will generate but Casino are different concept entirely, it will demonic of them to charge people when they take away money frkm you.
The money a big casino can generate a day, I'm not sure if a big exchange can make the same amount of money. It's not possible because people lose to casino but people don't lose to exchange, they rather to lose to fellow traders in futures trading where some people gamble.
They are businesses on which making up some profits on the commissions or deductions that they are making. Doesnt matter on what kind of form or system they would really be using on which one
things for sure that they are really that on advantage on which this is something which is really that understandable on this case. If ever there would really be possible add ups about on the fees
then pretty sure it would really be getting those negative thoughts and impressions on which it might be ending up on stopping gambling or would be finding another place for them to play on.
Casinos make profits through the House edge they take from the games, that is to say a part they virtually keep from the whole RTP of the game. It would be certainly more transparent to keep a fee when customers place their bets and then to give back 100% RTP(ie 0% house edge) from the bets placed by the players minus the fees taken, but I guess they think customers would be psychologically more reluctant to gamble with such scheme.
legendary
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Leading Crypto Sports Betting & Casino Platform
Well, they don't have fees, but they do have a house edge. That is more than enough, and even if they remove it, the house always wins, so a fee doesn't matter. That will only make players stay away from them. Others are even complaining about the house edge being high, even if it's actually not. What more about fees?
Well, even with a house edge, casinos can still take gambling or betting fees from gamblers if they really want to, if every casino will start collecting fees from gambler when ever they place a bet or click the spin button, sooner or later, what gamblers are going to be checking after or looking for is the casinos with tbr lowest fees, no one is going to complain about the fees for ever, and this is simply because, the human mind is built to adapt to different type of situations as things change from one way to another.But then, lets just say that it's morally wrong for casinos to still collect fees from gamblers when they know fully well that several of this gamblers are still going to lose their bet as well as money to them(the casino), so, I believe this is possibly the reason why casinos don't charge a fee, since gambling is not actually a business profit is guaranteed, or where loses can be cut short by applying some mechanism of features like it is with stop loss in trading.
The motive of this thread is for us to discuss what will be you stands if online casinos charges you fees on each game you play on them, same way excahges charges you on each trading position you open, and why should excahges charges fees and casinos not charging such fees, First of all the First objective of every business is to generate revenues, so at first I wasn't curious about this, but recently I began to wonder why the difference between excahges and casinos when both have similar features which are licensing and KYC.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
Centralized exchanges makes money from the trades you placed and got filled and the fee from the money you requested, that's the only way they generate revenue and perhaps when there is listing for projects that want to be listed with money, some projects are listed freely because of the benefits of the trading fees the coin will generate but Casino are different concept entirely, it will demonic of them to charge people when they take away money frkm you.
The money a big casino can generate a day, I'm not sure if a big exchange can make the same amount of money. It's not possible because people lose to casino but people don't lose to exchange, they rather to lose to fellow traders in futures trading where some people gamble.
The motive of this thread is for us to discuss what will be you stands if online casinos charges you fees on each game you play on them, same way excahges charges you on each trading position you open, and why should excahges charges fees and casinos not charging such fees, First of all the First objective of every business is to generate revenues, so at first I wasn't curious about this, but recently I began to wonder why the difference between excahges and casinos when both have similar features which are licensing and KYC.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
Oh that would be such bullshit, I mean it’s already expensive to gamble now they are racking on gambling fees??? Are you kidding me lol that shit better come with 3 Budweisers or I’m out of there hahahaha. I already don’t gamble often in casinos but that for sure would make me never to. I already am fed up with having to pay taxes on taxes on taxes at some point it just becomes greed.
No matter any circumstance, I don't think that casinos will charge customers for every game they stake in, just like exchanges do. Note that it's two different companies you are discussing here, and there's no way they can operate their service the same way. Exchanges make a profit from charges they get from their customers transactions and from other services they offer, such as staking. But casinos are already making a direct profit once a gambler loses his or her bet, so why would they charge for each game again when they are already charging you for the game you are playing, and if you lose your bet, your money becomes theirs?
Casinos are well drafted business that have a system that have long term existence such as the no fees on bets just like the trading fees on cryptocurrency exchanges which are well implemented into their system and even included in the terms and conditions which solidify that actions and stands on such fees, and even though casinos are also money service provider like exchange which have the right to charge such a fees decide to let go and give gambler's life time fee free gambling,.Although we may not be able to say what will happen in the future wether or not there be a regulation that can mandate casinos to start taking such fees, but untill then we should keep enjoying the free will that comes with such a gambling without fees which could be so exusting most especially if you lose your bets after you paid fees to stake them.
Well, they don't have fees, but they do have a house edge. That is more than enough, and even if they remove it, the house always wins, so a fee doesn't matter. That will only make players stay away from them. Others are even complaining about the house edge being high, even if it's actually not. What more about fees?
Since the two businesses are different and so their revenue ways are also different. Exchanges charge fee from each trade through which their trading activities are conducted and from which they receive profits. A casino, on the other hand, may receive a profit through their house edge, but when a gambler loses a bet, he lose all of his money. We can make this point even clearer when a gambler gets 90 cents instead of 1:1 bet. This means that the gambling platform charges 10 cents as house edge. But not all platforms are the same. Many platforms do not have the same strategy. They keep their profits through direct betting money wins or losses.
hero member
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Leading Crypto Sports Betting & Casino Platform
No matter any circumstance, I don't think that casinos will charge customers for every game they stake in, just like exchanges do. Note that it's two different companies you are discussing here, and there's no way they can operate their service the same way. Exchanges make a profit from charges they get from their customers transactions and from other services they offer, such as staking. But casinos are already making a direct profit once a gambler loses his or her bet, so why would they charge for each game again when they are already charging you for the game you are playing, and if you lose your bet, your money becomes theirs?
In recent years things have changed a lot, for example, casinos have started to appear that charge an inactivity fee for accounts. This is very strange and I don't see any reason for such a radical decision because casinos are the only ones that make money at the end of the day while players are only losing money most of the time they play. That's why I won't be surprised if in a few years casinos appear that charge fees every time people play. If this happens I will continue to play at the casino, but I will reduce the amount of money and time I play because I see games as entertainment and I don't want to lose a lot of money gambling.
I wasn't aware of the inactivity fee; if I'm not mistaken, I've seen some exchanges implementing it, but not casinos, so I'm not familiar with it, but if what you've said is true, it's ridiculous. At the end of the day, they're lucrative businesses. Imagine how many users are losing great sums of money in order to afford paying all the winning bets, paying employees, and being profitable. Charging fees just to participate in betting games would be outrageous, I doubt it's going to happen in the way we're describing it, but more fees may be implemented in the future. 
There's already the house edge so why else will they charge us with something more? Also, we keep on losing more because that is how the system is written and these businesses are still alive because there's a lot of money coming in. If they do that, they will just lose more customers and that is bad for business.
I might not play anymore if they do that. I'd rather gamble against a friend in sports betting so that no third party will be involved and I think many people will be doing that kind of thing. I don't think governments will like that as it is almost the same as illegal because there's no betting platform that could satisfy that kind of service anymore.
It will be very unfair if casinos were to charge fees, considering the obvious advantages that they have over gamblers. The house edge is a big factor to consider and that is why casinos remains a profitable business and they will continue to be richer as long as gamblers keeps patronizing them. For the fact that there are far more gamblers who lose than win I doubt that casinos can even consider changing them any sort of fees. Exchanges on the other hand depends on fees to be profitable and to remain in business so in that regard they're different from casinos that have the house edge over the gamblers. I might not play anymore if they do that. I'd rather gamble against a friend in sports betting so that no third party will be involved and I think many people will be doing that kind of thing. I don't think governments will like that as it is almost the same as illegal because there's no betting platform that could satisfy that kind of service anymore.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
Every business has their ways of making profits therefore casinos and exchange can not be making profits in the same way because they are two separate businesses. Exchanges depends on trading fees because when you lose as you are trading, the money does not go to the exchange but it goes to the other traders in the market but when gambling, if you lose the house gets all the benefits and there are more gamblers than traders that lose, gamblers with no experience are so many because everybody thinks that they can be lucky to win but they all lose. Exchanges also have service charges that they can charge their customers to make money but casinos does not need all that. What casinos need is for their platform to be used by more gamblers and when they lose, they make so much money.
Gambling sites are businesses for gamblers to enjoy gambling while the gambling site is making money from the gamblers. From the money the gambling sites make, they pay taxes. Also some countries charge gamblers that win taxes to be paid.
The way gambling sites and exchanges are paying taxes are different but they are all paying taxes.
There are non common gambling sites that will let individuals to compete between themselves and the gambling site will only take percentage from the winner. This one is similar to those exchanges.
You already did justice to the question but adding to it, I don’t know if other countries, but my country just started the issue of taxing exchanges and these tax charges are been deducted from each trade carried out on their platforms and it is also worth knowing that, people aren’t charged for trading pairs but rather the regular buying and selling in p2p market.The way gambling sites and exchanges are paying taxes are different but they are all paying taxes.
There are non common gambling sites that will let individuals to compete between themselves and the gambling site will only take percentage from the winner. This one is similar to those exchanges.
Secondly, for a casino to operate legally in a country, then such a casino will have to be registered and I’m pretty sure that, for each registered casino, there is always some sort of tax and fees they have to pay and that alone explains how their taxes are paid.
I will have to say that, both the exchanges and the casinos pay charges but in different forms .
Yeah I agree that it's quite normal to feel the odd temptation, even for me if had to set my eyes on reducing or even quitting gambling. My first step to share you guys to manage these feelings effectively is recognition. Small changes in gambling platforms, raising minimum stakes, for example, can make interesting changes in people's behavior and often inexplicably push them to gamble more or differently. It's possible for anyone's to get help from a therapist or support groups like here in this forums for alternative suggestions and encouragement. In personal opinion activities could be inclusive of other pursuits in the hobby area or involving sports but for me it became the computer online games, which improve my mood and offer balance in my time and interest. Just take yourself some time in this process, at times. If self-management appears too difficult, then professional help will allow you to devise more specific strategies and get support through your particular situation.
There are many other activities that can be done to reduce gambling activities as you said by exercising or others. I myself have recently found it easy to put aside the desire to gamble and I vent it on my hobby, actually when you are bored of gambling it will be easy to divert the desire to gamble with something else, but it will be difficult to divert the desire to gamble if we still hope for gambling it will not be easy to do.A person who hopes for gambling will not be easy to stop. Especially when they lose, sometimes when someone hopes for gambling they will continue to gamble even though they have lost, even when their money is gone they tend to force themselves to do anything to be able to make money and gamble again. It doesn't have to be done, and when they do that I think it is because they hope for gambling.
The motive of this thread is for us to discuss what will be you stands if online casinos charges you fees on each game you play on them, same way excahges charges you on each trading position you open, and why should excahges charges fees and casinos not charging such fees, First of all the First objective of every business is to generate revenues, so at first I wasn't curious about this, but recently I began to wonder why the difference between excahges and casinos when both have similar features which are licensing and KYC.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
I still think that these are different mechanisms and devices in gambling and the stock exchange. In gambling, players are more passionate and I think that there are more losers there over the long term, while on the stock exchange you can make one bet, or rather buy one share and wait for years for profit. The main thing is patience, and in gambling patience will not help us. Of the similarities and commonalities between them is that in both cases you can speed up the process with a large shoulder and borrowed funds, or a huge bet. In both cases, this will speed up the process and money management will not be observed, and in both cases the risk will be increased with a high probability of losing. In general, in a global sense, these things are different for me, but they still have common features. If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
The casino already charges gamblers "taxes" in the form of their lost money. So, additional fees for the game will be unnecessary (unless, of course, the greed of the casino owners prevails).
-snip-
But if there are some additional costs that are needed and then cut the money deposited again, does it include the greed of the casino owner. -snip-
Because when you start playing and lose, you will be charged again.
Perhaps some illegal casinos that are unclear about the implementation of taxes and are not supervised by the government will commit actions that are too detrimental to their users, this is like extortion.
The motive of this thread is for us to discuss what will be you stands if online casinos charges you fees on each game you play on them, same way excahges charges you on each trading position you open, and why should excahges charges fees and casinos not charging such fees, First of all the First objective of every business is to generate revenues, so at first I wasn't curious about this, but recently I began to wonder why the difference between excahges and casinos when both have similar features which are licensing and KYC.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
The casino already charges gamblers "taxes" in the form of their lost money. So, additional fees for the game will be unnecessary (unless, of course, the greed of the casino owners prevails).If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
Despite many similarities between exchanges and casinos (verification, KYC, user deposits stored by the owners of exchanges and casinos), nevertheless, in terms of making a profit, these two establishments are fundamentally different.
Exchanges make profit from commissions on user transactions, and casinos - from the deals themselves, because the gambler's bet (on the outcome of a match or roulette) is a deal. According to this deal, if the gambler's forecast is wrong, then the casino takes the entire bet, and so on. In essence, the gambler and the casino act as counterparties - who will beat whom. But the exchange is an intermediary and is not a counterparty of the trader, because the counterparty of the trader is the market or a conditional individual trader against whom this trader "plays".
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