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Economy => Gambling discussion => Topic started by: bitbollo on November 20, 2020, 06:22:41 AM



Title: Player protection - stop loss limit
Post by: bitbollo on November 20, 2020, 06:22:41 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?


Title: Re: Player protection - stop loss limit
Post by: harizen on November 20, 2020, 06:34:47 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

I wonder what are these gambling sites offering "player protection" or a sort of stop-loss"? Does it have on some crypto-gambling sites?

If that was a feature of a gambling site, then it was a good feature. Surely once the player hits the limit, the site won't allow them to play for a period. But that was easy to bypass just by using another account, if IP related, then using VPN is the key.

If that stop-loss is literally just by ourselves, then it varies per person how they will deal with it. That's the challenge, how to become a disciplined gambler no matter how much amount they will set to trigger the stop-loss.


Title: Re: Player protection - stop loss limit
Post by: Botnake on November 20, 2020, 07:01:23 AM
I never seen a casino that offers that kind of features, all they want is to maximize their profit, so it doesn't make sense if they'll put that kind of feature. However, there's something similar to that, a self exclusion from Nitrogensports, if you activate it, you'll not gamble for a certain game for a period of time you set, I just don't know if they are still making it active now.


Title: Re: Player protection - stop loss limit
Post by: swogerino on November 20, 2020, 07:08:50 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

I have yet to see a good implementation of this.I remember there was one time when bet365 promoted this with ads on Tv but when I checked it didn’t worked well.They had made a limit that a player decided but they also did not made this limit in a timeline for example once excedeed you could not play there for another week or a month.They let it the player decide that when a player excedeed the limit the player could add another limit and go on.This was a bad implementation and I don’t know if it exist there anymore.

As for crypto casinos I don’t know a single one which offers this option as of yet.


Title: Re: Player protection - stop loss limit
Post by: Beparanf on November 20, 2020, 07:12:10 AM
Limit on player losses might be implemented in betting industry in UK, I heard this news recently and they want to implement this rule to fight against gambling addiction, So far there is no clear direction towards this suggestion but maybe soon, the majority of online casino will have a limit on losses.

Source: https://www.intergameonline.com/casino/news/limit-on-losses-may-be-forced-on-betting-industry


Title: Re: Player protection - stop loss limit
Post by: Oshosondy on November 20, 2020, 07:15:08 AM
I can see stop loss limit to only be when someone is trading, to cut loss and convert you unstable coin to stable one while you will not lose further, but about using stop loss in gambling, I do not think it makes any sense, if gamblers are addicted, and they have $500, they will gamble with the whole $500 without any stress or restrictions, they can even borrow to gamble. What is very important is for us not to just be addicted to gambling, and never using the funds we can not afford to lose to gamble. Gambling deals with mindset, having a quality mindset of seeing gambling as fun and not leading to addiction is the right way to go, this will help in long ways to avoid using high amount of funds to gamble.


Title: Re: Player protection - stop loss limit
Post by: bitbollo on November 20, 2020, 07:30:38 AM
as example another UK bookmaker that offer this option is betfair (for all product like casino or sports gambling).
I was wondering if there is any form of payback in case this stop loss limit was not working.
https://support.betfair.com/app/answers/list/c/768


Title: Re: Player protection - stop loss limit
Post by: Natalim on November 20, 2020, 08:12:56 AM
as example another UK bookmaker that offer this option is betfair (for all product like casino or sports gambling).
I was wondering if there is any form of payback in case this stop loss limit was not working.
https://support.betfair.com/app/answers/list/c/768

I did a quick google search and it seems like it's only betfair is offering it at the moment.

I think this is a kind of feature that they would not market as in any way, it will not attract gamblers, what gamblers like is no limitation so they can maximize their bet if they are winning or trying to chase their loses. If a certain would offer this, it's just a bonus but most likely it's a hidden feature where you will only find out once you are already a member of the site.


Title: Re: Player protection - stop loss limit
Post by: ethereumhunter on November 20, 2020, 08:21:06 AM
The Stop-loss limit will be from the gambler itself, and even if the casino has those features, the gambler still needs to be responsible for their money. If the casino has a stop-loss limit, if the gambler can not control himself in the games, that will not work because that gambler can not prevent using more money to gamble. The casino will not have full responsibility, and they can add that feature to their site, but the rest will be up to the gambler.


Title: Re: Player protection - stop loss limit
Post by: crwth on November 20, 2020, 08:35:00 AM
I'm not sure if many casinos offer that kind of "player protection" because many casinos want to profit from the losses; they definitely do not want to limit that. Unless the casino actually shows that they care and use that kind of feature. Losing more than intended could have mental health effects on the player and would not function well IRL. It's going to affect those people around him and maybe produce some irrational behavior. That's what I think could happen when a player losses a lot.

Anyway, I think this feature would be ideal for every gambling site. Maybe at the initial registration, tell how much you will play with and the limit amount? This is a great setting to have for those who have no control and addicted to gambling.


Title: Re: Player protection - stop loss limit
Post by: jademaxsuy on November 20, 2020, 08:41:16 AM
I would prefer to get an insurance in gambling especially if I will play in BlackJack. The insurance can pay you whenever you wanted to use it in betting. However, it is still not recommended for you have to pay the insurance. The best thing to do is to stop the possible or limit the losses is to allocate the money for a certain gambling session. Just like you are bringing exact money to lose when you gamble.


Title: Re: Player protection - stop loss limit
Post by: cryptomaniac_xxx on November 20, 2020, 08:46:16 AM
I don't think that other casino's are going to implement it though, I mean this is how they make money right? The best thing they can do is like the "responsible gambling" casino's have implemented many years ago. But that's it, stop loss limit is different though and it could back fire on them or at least it could have a big effect on their profit long term.


Title: Re: Player protection - stop loss limit
Post by: abhiseshakana on November 20, 2020, 08:47:47 AM
The Stop-loss limit will be from the gambler itself, and even if the casino has those features, the gambler still needs to be responsible for their money. If the casino has a stop-loss limit, if the gambler can not control himself in the games, that will not work because that gambler can not prevent using more money to gamble. The casino will not have full responsibility, and they can add that feature to their site, but the rest will be up to the gambler.

Yeah, you are right. Even though the casino has provided a stop-loss limit feature, if the gamblers have no intention of using it, then the function of this feature will be meaningless. Maybe there will be some gamblers who use this feature, but in my opinion, there will be more who don't use it, especially for addicted gamblers or those who are chasing losses.

With the addition of the stop-loss feature, it will not necessarily change a gambler's gambling style. So after all, the one who has the control to hit the brakes is the gambler itself.


Title: Re: Player protection - stop loss limit
Post by: Alucard1 on November 20, 2020, 08:54:54 AM
I never see any gambling website that has that kind of feature, stop loss limit is a good feature of a website but I don't think that a gambling website will include this thing to them because it will just limit their income and that wouldn't be good for them because most of the owner of that business or website doesn't care about the life of the person, they just care about their income from their customer.


Title: Re: Player protection - stop loss limit
Post by: mu_enrico on November 20, 2020, 09:01:58 AM
This similar protection (budget limit) exists in fiat casinos, and I'm not aware of it exists in crypto (no KYC) casinos.
The rationale is simple, with no KYC, you can always create new accounts and play after you hit the limit.


Title: Re: Player protection - stop loss limit
Post by: toast on November 20, 2020, 09:02:16 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
i think that's already the players problem some players even if they have player protection if they insisted to play then that protection wouldn't help actually i'm not aware of that player protection. when i see the title i  thought it was something like on trading since that's where I only see the stop loss and limits.


Title: Re: Player protection - stop loss limit
Post by: Vaculin on November 20, 2020, 09:20:11 AM
This similar protection (budget limit) exists in fiat casinos, and I'm not aware of it exists in crypto (no KYC) casinos.
The rationale is simple, with no KYC, you can always create new accounts and play after you hit the limit.
OP is not talking about limit on bet, he is talking about stop loss limit, so creating a new account does not make sense. I'm also interested to know if there are sites having this kind of feature, it's quite rare for a gambler to ask for a stop loss limit, i think this this option is only available in trading sites.


Title: Re: Player protection - stop loss limit
Post by: plvbob0070 on November 20, 2020, 09:24:02 AM
I have not seen nor tried this tool of protecting the players, but I'm wondering if it's actually functional since a player can just move to another casino when it reaches its loss limit? This player protection might be useful to other gamblers with good self-control but when it comes to gambling addicts, I doubt that they will use or set such kind of function to restrict or limit their losses. But in the case where the player has already reached his limit, I think he will probably won't be allowed to gamble for a certain day, week, or month.


Title: Re: Player protection - stop loss limit
Post by: Mauser on November 20, 2020, 09:35:10 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

What I saw in the latest updates on casino and poker software over the last 2 month, was panic buttons being installed. Now you have the chance to sign out of the software and lock ourself out for 24hrs just by pressing one button. I tried it myself the first time I saw these buttons and was quite surpised that I didn't even get a notification that asked me if I really want to sign out, it was instantly that I got locked out. As for these gambler protection I would assume it is a similar mechanism, once you hit your predetermined loss treshold you will instantly get locked out. I think these limits are great way to protect ourself from losing everything.


Title: Re: Player protection - stop loss limit
Post by: imstillthebest on November 20, 2020, 09:47:30 AM
i guess he will loose more and become addicted in the longer run because he cant follow this simple instruction .

if a gambler can control his mind he dont need a protection feature like that because he can stop easily or they can use a stop protection feature if they dont want to get carred away because gambling is scarry as it drives us agressive and out of control in a winning or loosing situation . what gambling sites provides this feature . im curious and this can help gamblers


Title: Re: Player protection - stop loss limit
Post by: Peanutswar on November 20, 2020, 09:50:52 AM
Actually, I don't have any idea what is this kind of player protection about and according to OP it's just a shield/barrier to protect the gambler but my thoughts is there any really exist?. As a mindset of the creator of that gambling platform to they actually gained money or just a technique to encourage another gambler to choose their platform? For me it's just a full of loss if they will implement this kind of feature it's a lot of loss to their business. Gambling is just winning or nothing. Well if it already exists this is a good choice.

I try to research related to this gambling protection and I just found this [1][2] and the article only talks about how they will control the gambler like their, age restriction and their connectivity to the platform to prevent losing their customers.

Also according to this article [3], they have player protection too but not like talking about OP instead they are letting their members to take a discussion about the particular upcoming event so the players become aware of the possible things may happen in a particular game.


For example :
https://i.imgur.com/ZLD1s5O.png
Photo snipped to VPGAME https://www.vpgame.com/match/10910818.html


[1] https://www.comtradegaming.com/responsible-gaming-solution/
[2] https://sportsbettingoperator.com/news/player-protection-is-top-priority-for-online-gambling-operators/
[3] https://www.casinobeats.com/2020/11/20/talking-safer-gambling-player-protection-loot-boxes-with-amber-gaming/


Title: Re: Player protection - stop loss limit
Post by: AicecreaME on November 20, 2020, 09:57:14 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

For me, I wouldn't say it as players protection, because this might trigger a mental health problem or even more addiction. For example, you're winning three consecutive rows and then you decided to all out of your funds, let's say 10BTC, because you thought in the next round you would win also, but you lost all of it and then the "players protection" feature starts working to prevent you from much greater loss.

What would you feel about it? I'm sure you would get mad because it might destroy your concentration or you would get mad because of being too paranoid like maybe you could never take your losses back if you would stop playing that day because of that "player's protection" feature.


Title: Re: Player protection - stop loss limit
Post by: Janation on November 20, 2020, 10:15:55 AM
I think people should stop relying on these features.

I mean it is great for those people that can't really stop themselves from burning their money on online casinos but if you really wanted to change, if you wanted to stop your addiction or even your betting as your habit, you need to do that yourself. And I think it would be annoying for those big bettors to activate this feature? I don't know especially if that limit of that player protection is low.


Title: Re: Player protection - stop loss limit
Post by: Kong Hey Pakboy on November 20, 2020, 10:29:32 AM
I think you don't need this kind of feature if you already know when to stop playing or keep on betting in gambling. It will also be useless for others because they can simply deactivate the stop limit if they wanted to play more. So it's your responsibility to learn and to control yourself when will you stop playing when you already reach your limit in gambling.


Title: Re: Player protection - stop loss limit
Post by: Genemind on November 20, 2020, 10:34:43 AM
This feature will limit gamblers from playing and operators from earning. So it is not beneficial for both, gamblers don't want putting a limit when they are playing. However, this is a good feature just in case you really intend to limit yourself when gambling.



Title: Re: Player protection - stop loss limit
Post by: Taskford on November 20, 2020, 10:54:33 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

Depends since provably there are other continue to play even if they reach there limits on certain losses they get and continuous playing is really happening especially when the gambler enjoying much the game or been challenge for the top wagered guys in the site.

And this player protection is somehow needed since it can   notify the gamblers that they need to stop.


Title: Re: Player protection - stop loss limit
Post by: john_nautica on November 20, 2020, 11:10:46 AM
This feature will limit gamblers from playing and operating from earning. So it is not beneficial for both, gamblers don't want putting a limit when they are playing. However, this is a good feature just in case you really intend to limit yourself when gambling.

That's what I'm thinking too I don't think it would be in favor to them to limit their players for spending huge money on their website, only few gambling sites will going to have this feature.


Title: Re: Player protection - stop loss limit
Post by: qwertyup23 on November 20, 2020, 11:16:56 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

Hmm this is interesting. Do you know any gambling websites that offer such "player protection" if they incur too much loss?

To be completely honest, this is a good step towards helping gamblers in an online gambling website by providing limits. Though a person may bypass or find ways on how to circumvent this kind of limitation, providing safety features such as this one may definitely help and at least support online gambling addiction as a whole.

I think people should stop relying on these features.

I mean it is great for those people that can't really stop themselves from burning their money on online casinos but if you really wanted to change, if you wanted to stop your addiction or even your betting as your habit, you need to do that yourself. And I think it would be annoying for those big bettors to activate this feature? I don't know especially if that limit of that player protection is low.

For what I understood, it is not that these people rely on these features but it is automatic upon the gambling website. I do hope that the gambling website that has this feature also solved the issue on big bettors.


Title: Re: Player protection - stop loss limit
Post by: Finestream on November 20, 2020, 11:20:49 AM
This feature will limit gamblers from playing and operating from earning. So it is not beneficial for both, gamblers don't want putting a limit when they are playing. However, this is a good feature just in case you really intend to limit yourself when gambling.

That's what I'm thinking too I don't think it would be in favor to them to limit their players for spending huge money on their website, only few gambling sites will going to have this feature.

It's against their purpose to maximize their profit, they are just helping gamblers to limit their spending if they will do it, and I think it's not wise to promote these through advertising as they are like saying gamble with us and you will not lose a lot, not a good idea IMO.


Title: Re: Player protection - stop loss limit
Post by: Wexnident on November 20, 2020, 11:26:25 AM
Care to share what sites they are? I've seen a few sites that link towards a site that caters towards assistance about gambling addiction, but player protection? Not really. I tried looking it up, and there are quite a few articles about it, some are from quite a few years ago and some lately. I've never heard of a casino implementing a stop-loss themselves since it basically goes against the way they profit after all. Articles I've seen just discuss educating gamblers about limits and responsible gambling, but that's about it. There isn't any set limit itself on the casino that they themselves set, or even a third-party one.

It's a good step as a help tbh, and imo even if gamblers exceed the stop-loss limit, the most casinos would do is to present an annoying message after each round of gambling that says you've exceeded your limit. Ofc, at this point, the gamblers CAN'T turn off their stop loss, so as to prevent them just turning it off and continue on gambling.


Title: Re: Player protection - stop loss limit
Post by: daarul50 on November 20, 2020, 11:32:30 AM
This feature will limit gamblers from playing and operating from earning. So it is not beneficial for both, gamblers don't want putting a limit when they are playing. However, this is a good feature just in case you really intend to limit yourself when gambling.

That's what I'm thinking too I don't think it would be in favor to them to limit their players for spending huge money on their website, only few gambling sites will going to have this feature.
There is a conflict interest , there alway is.
And this one as you said when a casino did limits its players from the losses it means they are stopping a good business.
That is how casino earning money unfortunately yes , earned the money from someone else's losses.
I mean the one who doing the stop loss limit in their own casino are the real man with strong policy and wise but not considered a real businessman.


Title: Re: Player protection - stop loss limit
Post by: acroman08 on November 20, 2020, 12:04:57 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

For me, I wouldn't say it as players protection, because this might trigger a mental health problem or even more addiction. For example, you're winning three consecutive rows and then you decided to all out of your funds, let's say 10BTC, because you thought in the next round you would win also, but you lost all of it and then the "players protection" feature starts working to prevent you from much greater loss.

What would you feel about it? I'm sure you would get mad because it might destroy your concentration or you would get mad because of being too paranoid like maybe you could never take your losses back if you would stop playing that day because of that "player's protection" feature.
as far as I know, if there is a "player protection" feature on gambling it would be voluntary and would not be enforced on you without you asking for the gambling site staff
that you want to have a "player protection"/"stop-loss limit". and I am pretty sure that these things can be reversed if you asked them to.


Title: Re: Player protection - stop loss limit
Post by: peter0425 on November 20, 2020, 12:21:17 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
i'm not familiar in this gambling site offering but the way i understand this is that the limit is only protected and once you continue upon reaching that maximum amount then for sure all losses will be on your hands.
No one will let you do everything you wanted and stay protected .
But for me?this is a good way  of gambling site to tell gamblers about their concern and only gamblers can decide what are their future.


Title: Re: Player protection - stop loss limit
Post by: Fundamentals Of on November 20, 2020, 12:23:18 PM
I have yet to encounter a particular gambling site offering a stop-loss limit. This sounds unusual to me in gambling. Of course stop-loss is a very useful tool in trading, not just in crypto trading but also in other trading markets.

My impression is that this is highly unusual in the gambling industry precisely because it is against the very goal of the market which is to encourage people to gamble more. Casinos are oftentimes leaving the prerogative to stop to the clients themselves. They won't intervene and tell the client to stop because he's already losing big.


Title: Re: Player protection - stop loss limit
Post by: w33man on November 20, 2020, 12:34:52 PM
I don't think casinos would like to limit gamblers from playing with this feature, this will beat the purpose of casinos to earn more money from gamblers. If you want to limit your self from gambling you can do it personally, having such limitation from gambling can easily be bypassed by gamblers by creating another account just in case they reached their limit and want to continue playing.


Title: Re: Player protection - stop loss limit
Post by: arwin100 on November 20, 2020, 12:40:13 PM
This feature will limit gamblers from playing and operating from earning. So it is not beneficial for both, gamblers don't want putting a limit when they are playing. However, this is a good feature just in case you really intend to limit yourself when gambling.

That's what I'm thinking too I don't think it would be in favor to them to limit their players for spending huge money on their website, only few gambling sites will going to have this feature.

Don't know what casino offering stop loss limit but I doubt majority of casinos will implement this since they might making a move to lessen their profits from the whales since if this feature have on the site provably some of the gamblers will think to stop when seeing that they are almost reaching the limits.


Title: Re: Player protection - stop loss limit
Post by: Kupid002 on November 20, 2020, 12:51:33 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

No idea about that we have that kind of setup in gambling .

Can you give link for this so I can read all details.

As my understanding you are the one who will set limit of how much money you can lost in a day this will help to prevent a player from losing even more for continue playing the game.

For the second question I can't answer it since I don't have idea how to set that limit.


Title: Re: Player protection - stop loss limit
Post by: Welsh on November 20, 2020, 12:54:17 PM
I believe a few betting sites offer this including Betfair as already mentioned, and Skybet. Honestly, I think its a more morally guided system to allow gamblers to set restrictions to their spending way before the event, to prevent them from getting the urge to say "just one more bet" when they've just lost early in their accumulator. I think its a good idea, although I do believe its easy to change, and therefore the user could just go back into their settings, and change it. Honestly, I might even say that this should be a required feature of all betting apps/websites, and the gambling commission should enforce that. Its up to the user if they want to use these features, but having the option there might save some people from A) Losing money, B) Losing money that they can't afford too.

Gambling is fun, we all know it can be. However, that fun can be quickly replaced with grief, and some people don't know how to set their limits during the event. If you've ever been to a pub, you'll notice this, especially when combined with the element of alcohol. It can quickly become out of control. However, if a gambling site lets users set a predefined limit every week, which can't be changed until a cooldown period, that might be beneficial to its users. I know that SkyBet even offer a "cool off" period, that enforces the user to take a break, once they've selected the amount of time they want.

For anyone wondering about this limit, its not always called player protection, but deposit limits. It prevents the user from depositing more money, once they've selected the amount on a weekly basis usually. Looking at it, it might even already be a requirement for the gambling commission here in the UK. So, if this is true, any site offering their services to the UK would need to implement it to stay in compliance with the UK gambling commission.


Title: Re: Player protection - stop loss limit
Post by: tyz on November 20, 2020, 01:17:07 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

First of all, if this functionality is offered and limit is reached, you can not continue gambling technically. To overcome the ban, you can create a new account for example. So this protection does only help if you are disciplined enough, otherwise it is totally useless.
In some European countries there is a law introduced recently, that after a certain amount of loss the player is not allowed to continue playing anymore. And since you need to do a KYC you can not open more than one account. So this is a real protection. But this holds only for regulated casinos in some countries.


Title: Re: Player protection - stop loss limit
Post by: Becky666 on November 20, 2020, 01:18:38 PM
If this stop loss time is somewhat included into any gambling casinos be rest assure that they won't make any profit from these gamblers. I won't ever get such integration into my gambling platform if am fortunate to have one. With some little research, i did find something of such; betfair is that platform with such feature and i think this definitely should be one negative stuff which is likely affecting them as per profit generation among other cryptocurrency in this industry.


Title: Re: Player protection - stop loss limit
Post by: Noctis Connor on November 20, 2020, 01:52:50 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
This could be interesting of some casino offer this kind of player protection, to be honest casino makes more profit because of people who keep losing and chasing their loses also you can't please every gamble to stop gambling their money even though there are on their limits. For example that kind of player protection has been implemented into some casino are they willing to ban their player? Of course not casino is always happy to earn from player who keep losing.


Title: Re: Player protection - stop loss limit
Post by: XZERO1 on November 20, 2020, 02:07:21 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

I didn't encounter that many casino websites that have that but I know LUCKYBIT has stop-loss function on its games while you are autobetting otherwise there would be no need for that when you are betting on manual mode anywhere since you can just easily stop when you don't want to lose more and don't want to bet anymore, using this function you can just specify how much you're willing to lose on your bet and it will just stop there and won't continue betting anymore.

About your question obviously if you set the parameters right it's going to work but if by any chance it doesn't and it just continued betting despite passing the loss limit then the casino is responsible and they should compensate you for your loss.


https://i.imgur.com/f2qlsF4.jpg


Title: Re: Player protection - stop loss limit
Post by: covfefe_ on November 20, 2020, 02:11:03 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

That would be an exciting option but I don't think any of the mainstream gambling site would be doing that. The rage bets and reckless decisions are what makes the most profit for the house. There are stop limit with volume on autobet but that don't stop the user to start the bet again. As I remember there are some sites like Bitvest that allows users to lock their investment for fixed time but though a safety feature, that's still far away from what you are asking for.


Title: Re: Player protection - stop loss limit
Post by: robelneo on November 20, 2020, 02:16:13 PM
I never seen a casino that offers that kind of features, all they want is to maximize their profit, so it doesn't make sense if they'll put that kind of feature.
Me too I have not stumble something like that, gambling whether casinos or online are profit driven, they will give you bonus, giveaways and on gambling casinos casinos offline they will give you a lot of perks, just for you to stay and continue playing.
When it comes to protection it should be on you, not expect them to do this for you, so only bet what you can afford to lose, and always know the risk.


Title: Re: Player protection - stop loss limit
Post by: molsewid on November 20, 2020, 02:47:36 PM
Some gamblers who are addicted to gambling can create a new account to repeal this "player protection" unless these gambling with this feature does not allow players to play without KYC.
I don't know if this "player protection" exists on any gambling websites. This program could be a feature of a gambling website and a problem too. They can attract many gamblers with this feature, but these gamblers can stop their losses, so basically, the gambling website could lose some profit if they have this feature.


Title: Re: Player protection - stop loss limit
Post by: mu_enrico on November 20, 2020, 02:49:45 PM
OP is not talking about limit on bet, he is talking about stop loss limit, so creating a new account does not make sense. I'm also interested to know if there are sites having this kind of feature, it's quite rare for a gambler to ask for a stop loss limit, i think this this option is only available in trading sites.
If it was literally about stop-loss, we already have this option in autoplay of various games.
https://i.ibb.co/HtL2B5s/stop-loss.png

It also exists in all slots games AFAIK. The idea of stop-loss is because you can't take control when you are AFK. If it's about controlling addiction, time out or budget/deposit limit is more make sense.


Title: Re: Player protection - stop loss limit
Post by: Webetcoins on November 20, 2020, 03:12:12 PM
This could be interesting of some casino offer this kind of player protection, to be honest casino makes more profit because of people who keep losing and chasing their loses also you can't please every gamble to stop gambling their money even though there are on their limits. For example that kind of player protection has been implemented into some casino are they willing to ban their player? Of course not casino is always happy to earn from player who keep losing.
Actually as a dice player I am sure this feature is available on every dice game when doing automated betting as you can set stop if profit and similarly stop if loss and then the betting will stop once either the profit or the loss has been reached or the mentioned number of rolls are completed.

I often sleep while betting so I know that this does exist else I would lose all my money when I wake up. For manual betting we are always aware how much we have lost so there is no need to have stop if loss/profit is reached.

About your question obviously if you set the parameters right it's going to work but if by any chance it doesn't and it just continue betting despite passing the loss limit then the casino is responsible and they should compensate you for your loss.
Yeah absolutely but there is no way it doesn't stop unless there is a mistake in filling data by the gambler like using 0.1 instead of 0.01 or something like that.


Title: Re: Player protection - stop loss limit
Post by: Debonaire217 on November 20, 2020, 03:39:18 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

I remember when I and my family goes to casino, basically I am just observing and they were playing. In my observation there are no rules as protection for the clients of the casino. I guess the main reason why they do not have the protection loss is to gain more profit and encourage their customers to continue on playing. As a matter of fact that idea is not bad because it would provide security to the customers but it will also lessen the profit of casinos. So which one will be at stake?


Title: Re: Player protection - stop loss limit
Post by: mezzaluna on November 20, 2020, 03:39:41 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

I already encountered some Gambling Websites that lets you actually set up the limit in which you will stop auto-betting but never yet encountered a system in which you will be stopped when you are losing to much money. That would be a helpful system and might decrease to the loss of users which is normally not a problem of the gambling website.


Title: Re: Player protection - stop loss limit
Post by: bitbollo on November 20, 2020, 03:41:13 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

First of all, if this functionality is offered and limit is reached, you can not continue gambling technically. To overcome the ban, you can create a new account for example. So this protection does only help if you are disciplined enough, otherwise it is totally useless.
In some European countries there is a law introduced recently, that after a certain amount of loss the player is not allowed to continue playing anymore. And since you need to do a KYC you can not open more than one account. So this is a real protection. But this holds only for regulated casinos in some countries.

I have seen that my bookmaker has not respected this stop limit.... ;D I am waiting since a couple of weeks an update about my case...

@covfefe
for what I know at least in UE and UK this is a well known option and it's like a must to have for all gambling website.

@mu_enrico
sure, but this this is a limit protection or better call as "player protection".


Title: Re: Player protection - stop loss limit
Post by: wxa7115 on November 20, 2020, 04:55:13 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

First of all, if this functionality is offered and limit is reached, you can not continue gambling technically. To overcome the ban, you can create a new account for example. So this protection does only help if you are disciplined enough, otherwise it is totally useless.
In some European countries there is a law introduced recently, that after a certain amount of loss the player is not allowed to continue playing anymore. And since you need to do a KYC you can not open more than one account. So this is a real protection. But this holds only for regulated casinos in some countries.
Even that kind of protection is useless if you ask me, because even if a player receives player protection in the form of not being allowed to gamble in the casino for a determined amount of time what it is stopping him from opening an account in a different casino and keep gambling that way?

I know that the regulators mean good and that they want to help to curb the problem of people becoming addicted gamblers but anyone that has ever gone through the experience of having to deal with a family member with an addiction knows that the only ones that can make the decision to stop this behaviour are the ones that are addicted to it, and if they do not take the decision by themselves then they are going to find a way to keep their addiction going.


Title: Re: Player protection - stop loss limit
Post by: Yudhisthir on November 20, 2020, 05:08:38 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

I already encountered some Gambling Websites that lets you actually set up the limit in which you will stop auto-betting but never yet encountered a system in which you will be stopped when you are losing to much money. That would be a helpful system and might decrease to the loss of users which is normally not a problem of the gambling website.
I don't think there will ever be a gambling place that provides that facility because the purpose of this gambling place is to try to make the players spend a very large amount of money and the gambling place can make a lot of profit, because if there was such an asset protection system there would be no the story of losing all its assets at gambling.
Casinos are already a competitive business and they would not be wanting to restrict on their profit. After all the overall profit they make is the (amount gambled x house edge). If every users started restricting their total gambling volume, they would be working to make their profit decrease. I don't mean to say it's a bad thing. But for it to be implemented, it should be enforced by the individual government for it's people.


Title: Re: Player protection - stop loss limit
Post by: TedMosby on November 20, 2020, 05:43:01 PM
Never heard about stop loss limit on gambling.
I found it on google, there’s 2 kind of stop loss application on gambling, spread betting and interventions.

Limit on player losses might be implemented in betting industry in UK, I heard this news recently and they want to implement this rule to fight against gambling addiction, So far there is no clear direction towards this suggestion but maybe soon, the majority of online casino will have a limit on losses.

Source: https://www.intergameonline.com/casino/news/limit-on-losses-may-be-forced-on-betting-industry

I’ve read that article. However, It is not clear what the gambling company will do when their players reaches the stop limit.
If the stop loss limit will be applied on online platform, it might be the same limitations like on social medias. You will be logged out from the systems.

But, how the offline gambling company will intervent their players?


Title: Re: Player protection - stop loss limit
Post by: Casdinyard on November 20, 2020, 06:10:41 PM
Not aware of such option but I like the idea if it is what I'm thinking. To how I understand this is that, casinos are prohibiting the players to gamble once they lose that much? This will be a good idea but the problem is its effectivity. Let's say player 1 is prohibited to play in online casino 1 because of his losses, but chose to move in casino 2. My point is that, gambler should impose this trategy to themselves, as a responsibility to avoid being at risk of addiction. Let us all keep in mind how this activity works : pure luck. If it is not your day, then be it. Do not force things on your own likeness.


Title: Re: Player protection - stop loss limit
Post by: BALIK on November 20, 2020, 06:18:19 PM
I never seen a casino that offers that kind of features, all they want is to maximize their profit, so it doesn't make sense if they'll put that kind of feature.
Same here, I haven't come across such a feature and it makes sense as any casino owner would want you to play as much as you have and not limit you in any way. I suppose this feature if implemented will likely help the casino look as if they care about the players  ???


Quote
However, there's something similar to that, a self exclusion from Nitrogensports, if you activate it, you'll not gamble for a certain game for a period of time you set, I just don't know if they are still making it active now.
Was this using crypto? My immediate thinking is that it probably wasn't.


Title: Re: Player protection - stop loss limit
Post by: Sebas.tian on November 20, 2020, 06:33:10 PM
If such thing as the stop loss is be implemented into a gambling casinos then there won't be more profit as usual. Remember that the general purpose of these casinos establishments are for the purpose of taking profit from gamblers. Most especially those addicted gamblers can't get to lose more to the casinos if such feature is implemented, which will deprive the casinos owners the needed profit to strive among their equals.


Title: Re: Player protection - stop loss limit
Post by: mersal on November 20, 2020, 06:35:29 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
It is not going to work to be honest because player will simply pick another casino to gamble when they reaches their threshold limit of bet amount so its loss for both the sides and casino has no reason to implement such feature unless their government have such regulatory measures.


Title: Re: Player protection - stop loss limit
Post by: TheGreatPython on November 20, 2020, 06:53:45 PM
If this stop loss time is somewhat included into any gambling casinos be rest assure that they won't make any profit from these gamblers. I won't ever get such integration into my gambling platform if am fortunate to have one. With some little research, i did find something of such; betfair is that platform with such feature and i think this definitely should be one negative stuff which is likely affecting them as per profit generation among other cryptocurrency in this industry.
Not just betfair but you can also set deposit limits in websites like bet365 but I am not sure any crypto casino offers such services. I have heard that you can exclude yourself from casino on stake and play only sportsbook but not sure if they also allow limiting the loss or putting limits on the deposits from users.

It is a nice idea but actually one should have enough control over their betting to not require such limits and features because the casino would never want you to stop losing money until you have lost every bit of your balance.


Title: Re: Player protection - stop loss limit
Post by: kamadazje on November 20, 2020, 07:18:26 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
I am very curious to what you are posting here as I didn't hear yet that there are casinos that offers this kind of feature "player protection".  Can you give more details about this feature? What are the advantages that we can get from this kind of feature?

Putting a limitation to bet can't be considered as player protection because we are still losing and what if the following bets will help us to recover our losses. And it can be breach easily if the player want's too like he will just create another account using the identity of his brother or etc. so he can continue to gamble after reaching his limitation.


Title: Re: Player protection - stop loss limit
Post by: Mahanton on November 20, 2020, 08:52:10 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
From the word stop loss limit then when a certain player do hits up that level then he/she should be blocked on making up bets if the feature is finely working then
he wont really able to proceed but if this one is just some sort of joke or total show then this will let the gambler do continue on whats he been doing.
The question is, would this feature will be applied into a gambling site? No for sure because they do need profits as much as they can that had been sipped out into
their players and stopping or putting a limit is just really a blockage into their main aim.


Title: Re: Player protection - stop loss limit
Post by: milewilda on November 20, 2020, 09:47:04 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
From the word stop loss limit then when a certain player do hits up that level then he/she should be blocked on making up bets if the feature is finely working then
he wont really able to proceed but if this one is just some sort of joke or total show then this will let the gambler do continue on whats he been doing.
The question is, would this feature will be applied into a gambling site? No for sure because they do need profits as much as they can that had been sipped out into
their players and stopping or putting a limit is just really a blockage into their main aim.

Dont have enough smerits to merit this post but this is on point where they dont make out such thing that will limit out their profits by making use of that stop loss and this isnt trading where we do need it because once you had deposited on the site then it is made by your own free will and you are ready to lose up all of the money you do had.There might some lossback but its rare to see this on a casino online but this
doesnt talk about significant amount but only a small percentage.Gambling sites do have some links about gambling addiction counseling or even do have some warnings about addiction but they
wont come to a point on creating one into thing that we are discussing.


Title: Re: Player protection - stop loss limit
Post by: FlightyPouch on November 20, 2020, 09:52:55 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

I don't know any online casinos that have this " player protection". Maybe you can just limit yourself or stop when you need to stop since it will also be annoying sometimes dealing with your losses if that protection kicks in. There is no gurantee that the gambler will actually stop, right?

What if he seeks to bet more and since he can't do that online, he'll do it offline. He will find a way to do his bets and this might be more dangerous than putting a limit to your bets because that desire to bet is being heightened added with mixed emotions.



Title: Re: Player protection - stop loss limit
Post by: lionheart78 on November 20, 2020, 09:57:34 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

Well the player will surely lose all his bankroll.  I think the stop loss limit protection are just a tool to stop a player temporarily for that day or time.  It does not barred the player from going back to the casino and play again on the next day.  I think gambling Casino won't ban a player due to severe loses but rather would ban them if they abuse the site.  And for sure losing a huge bankroll is not an abuse to them.


Title: Re: Player protection - stop loss limit
Post by: FontSeli on November 20, 2020, 09:59:19 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

It would be a great idea to make such limits for those players who can't stop after losing and are always trying to win back. For a person who is able to control himself and the amount of his losses, such functionality would not be of much interest.
I know that the Belgian Gaming Commission has ordered the country's casinos to set weekly limits on the loss of one person in the casino in the amount of 500 Euros. This is due to a large increase in the popularity of gambling in the country due to the Covid-19.


Title: Re: Player protection - stop loss limit
Post by: Saint-loup on November 20, 2020, 10:11:22 PM
as example another UK bookmaker that offer this option is betfair (for all product like casino or sports gambling).
I was wondering if there is any form of payback in case this stop loss limit was not working.
https://support.betfair.com/app/answers/list/c/768
It seems to be a very interesting and useful feature, unfortunately Betfair ban its access to people from many countries  :(
So I hope this feature will be available on other sportbooks soon

Quote
How do loss limits work?

Loss limits for betting start from the moment they are first set. They run for the time you choose (day, week, month or year) and then they are automatically re-set and begin again.

For example:  if you set a loss limit of £100 (€100) per week around Monday mid-day, your losses will be tracked from that point and you will be prevented from losing more than £100 (€100) until the following Monday. Then the loss limits will be re-set for the following week.


Unmatched bets will also be counted towards your loss limit. If you cannot place a bet, please check that your unmatched bets would not cause you to hit your loss limit.

If you try to remove or increase your limit, it will only take effect if you confirm this change after 7 days. Any decrease in the limit will be applied immediately.


Loss limits cover net losses (taking winnings into account) on the sports betting products, Virtual Sports, Casino and Bingo.

We offer different loss limits

Global – All products included
Gaming – Includes Casino, Arcade & Bingo
Virtual Sports
Poker & Exchange games do not have loss limits these products are a transfer limit. This limit restricts the amount a customer can transfer to another wallet on their account.

Loss limits have the same time options as deposit limits with one additional option for yearly limits.


Title: Re: Player protection - stop loss limit
Post by: STT on November 20, 2020, 10:13:39 PM
Ultimately its the players own responsibility to account for their own losses or wins, to gamble hoping for some safety net and perfect return of all losses is a big ask.    I do like the idea of being able to voluntarily time out an account for upto a year perhaps, that should be an option but online in this framework its hard to stop people just gambling as much as they like and no company can really stop that just help perhaps reduce use to low amounts.


Title: Re: Player protection - stop loss limit
Post by: kayvie on November 20, 2020, 10:15:10 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
Do you have any idea what casino offers this "player protection"? This might be a good idea to stop gamblers from losing more money when they can't stop their gambling. This is what gamblers needed in times when they can't stop gambling.

What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Well, we all know if this limit will be exhausted and continue to gamble, all remains in the bankroll of the gambler will surely lose.


Title: Re: Player protection - stop loss limit
Post by: samcrypto on November 20, 2020, 10:39:18 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Then its not a stop loss anymore, its greed to me because gamblers don’t know how to stop at all and the gambling site can’t help you anymore with this one. I don’t think banning you is an option for them since you still make money for them, so this protection is just a warning for you, you still have choice to keep on playing i guess.


Title: Re: Player protection - stop loss limit
Post by: johhnyUA on November 20, 2020, 10:45:37 PM
I never seen a casino that offers that kind of features, all they want is to maximize their profit, so it doesn't make sense if they'll put that kind of feature.  

The same thing. It's very weird because of two reasons:

1. It's against main purpose of every casino - to make more money as it can

2. Such "option" would make just more complaints from angry gamblers (you've lost 100 dollars, you want regamble again and you find yourself under stoploss limit. butthurt will be with probability of 100 % )

So this is looks like more like PR rather than real option.



Title: Re: Player protection - stop loss limit
Post by: Saint-loup on November 20, 2020, 10:57:47 PM
I never seen a casino that offers that kind of features, all they want is to maximize their profit, so it doesn't make sense if they'll put that kind of feature.  

The same thing. It's very weird because of two reasons:

1. It's against main purpose of every casino - to make more money as it can

2. Such "option" would make just more complaints from angry gamblers (you've lost 100 dollars, you want regamble again and you find yourself under stoploss limit. butthurt will be with probability of 100 % )

So this is looks like more like PR rather than real option.
I'm not sure about that, if too many people lose big amounts it will lead to new regulations, potentially bad for their business.
Moreover bad and sad stories of ruined players, hurt their reputations.


Title: Re: Player protection - stop loss limit
Post by: Rengga Jati on November 20, 2020, 11:31:05 PM
So, it is like what's in the exchanges where there is also the availability of stop-loss feature? Something like that?
If it is, it may help gamblers to control their funds and stop losing more funds for gambling. however, if someone does not pay attention to it, in the case of they keep playing and they do not use that user protection of stop-loss, what will happen is that they will lose their money. It may happen to someone who is very addicted to gambling. So playing gambling is their needs without considering how much they have earned and also how much they have to spend on gambling.


Title: Re: Player protection - stop loss limit
Post by: FontSeli on November 20, 2020, 11:47:21 PM
Ultimately its the players own responsibility to account for their own losses or wins, to gamble hoping for some safety net and perfect return of all losses is a big ask.    I do like the idea of being able to voluntarily time out an account for upto a year perhaps, that should be an option but online in this framework its hard to stop people just gambling as much as they like and no company can really stop that just help perhaps reduce use to low amounts.

During the coronavirus, many States faced such a problem that their citizens began to gamble more often on the Internet due to quarantine. People need entertainment and they find it. This can make some people addicted to gambling. Perhaps many States will follow the example of Belgium and at the legislative level will begin to force casinos to impose restrictions on the amount that one person can lose in a week.


Title: Re: Player protection - stop loss limit
Post by: 2double0 on November 20, 2020, 11:52:10 PM
Stop loss? Can you provide me the names of those sportsbooks which provide this feature? I hope you are not confusing it with the cashout feature that allows us to get out of the bet before it reaches its results. And if it is not cash out, then stop loss means if a bet reaches certain odds which are much higher and our bet has gone into much loss, this stop loss can save us from losing our bet completely and we will be shown that if that bet reaches xx.xx odds, our bet will be stopped out right?


Title: Re: Player protection - stop loss limit
Post by: fortunecrypto on November 21, 2020, 03:53:58 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

Gambling sites cannot protect you if you are losing, I don't know this
Quote
player protection
but if you lose you lose, if you want to have protection from gambling then only you can set up for yourself by betting on the money that you can afford to lose.
Gambling sites always assume that you play here to be entertained and they will not stop you from betting.
If you can find a gambling site that stops you when you are losing, then play on that gambling site and send us the link if there are any.


Title: Re: Player protection - stop loss limit
Post by: Janation on November 21, 2020, 04:49:11 AM
I think people should stop relying on these features.

I mean it is great for those people that can't really stop themselves from burning their money on online casinos but if you really wanted to change, if you wanted to stop your addiction or even your betting as your habit, you need to do that yourself. And I think it would be annoying for those big bettors to activate this feature? I don't know especially if that limit of that player protection is low.

For what I understood, it is not that these people rely on these features but it is automatic upon the gambling website. I do hope that the gambling website that has this feature also solved the issue on big bettors.

That would be really annoying.

I mean, it should not be an automatic feature, it should be something that the people can control, it should just be an option to the gamblers. Another thing is that I don't think online casinos would implement this that quickly since, without it, they could earn a lot of money from a single day or in a week to those gamblers that can't control themselves.


Title: Re: Player protection - stop loss limit
Post by: ralle14 on November 21, 2020, 05:12:49 AM
Putting a limitation to bet can't be considered as player protection because we are still losing and what if the following bets will help us to recover our losses. And it can be breach easily if the player want's too like he will just create another account using the identity of his brother or etc. so he can continue to gamble after reaching his limitation.
There's also the possibility of losing even more and that where the limitation feature comes in to stop the cycle. It's possible for the players to circumvent the limit but not many would opt for this feature.

Stop loss? Can you provide me the names of those sportsbooks which provide this feature? I hope you are not confusing it with the cashout feature that allows us to get out of the bet before it reaches its results. And if it is not cash out, then stop loss means if a bet reaches certain odds which are much higher and our bet has gone into much loss, this stop loss can save us from losing our bet completely and we will be shown that if that bet reaches xx.xx odds, our bet will be stopped out right?
It's not similar to the cashout feature, the stop loss limit focuses on the account's overall betting limit. For example you've set a $300 limit on your account and made a $300 deposit once you've lost your deposit the account will be locked for a certain amount of time.


Title: Re: Player protection - stop loss limit
Post by: Finestream on November 21, 2020, 12:16:33 PM
I think people should stop relying on these features.

I mean it is great for those people that can't really stop themselves from burning their money on online casinos but if you really wanted to change, if you wanted to stop your addiction or even your betting as your habit, you need to do that yourself. And I think it would be annoying for those big bettors to activate this feature? I don't know especially if that limit of that player protection is low.

For what I understood, it is not that these people rely on these features but it is automatic upon the gambling website. I do hope that the gambling website that has this feature also solved the issue on big bettors.

That would be really annoying.

I mean, it should not be an automatic feature, it should be something that the people can control, it should just be an option to the gamblers. Another thing is that I don't think online casinos would implement this that quickly since, without it, they could earn a lot of money from a single day or in a week to those gamblers that can't control themselves.

They would like that, in fact gambling sites like people who keep on losing as that would result a success to their business, therefore it does not make sense that they will put this feature when it will not maximize their income, if it's useful to them then every site already have this kind of feature and we are all aware of it already.


Title: Re: Player protection - stop loss limit
Post by: Taskford on November 21, 2020, 12:50:25 PM
I think people should stop relying on these features.

I mean it is great for those people that can't really stop themselves from burning their money on online casinos but if you really wanted to change, if you wanted to stop your addiction or even your betting as your habit, you need to do that yourself. And I think it would be annoying for those big bettors to activate this feature? I don't know especially if that limit of that player protection is low.

For what I understood, it is not that these people rely on these features but it is automatic upon the gambling website. I do hope that the gambling website that has this feature also solved the issue on big bettors.

That would be really annoying.

I mean, it should not be an automatic feature, it should be something that the people can control, it should just be an option to the gamblers. Another thing is that I don't think online casinos would implement this that quickly since, without it, they could earn a lot of money from a single day or in a week to those gamblers that can't control themselves.

They would like that, in fact gambling sites like people who keep on losing as that would result a success to their business, therefore it does not make sense that they will put this feature when it will not maximize their income, if it's useful to them then every site already have this kind of feature and we are all aware of it already.

Yes because mostly gamblers will just ignore that feature and keep playing whenever they feel to continue there win and doesn't want to get bothered by that feature, so maybe I think(this is just my opinion only) this feature doesn't really necessary needed since if gamblers really want to stop they can decide to do it on their own.


Title: Re: Player protection - stop loss limit
Post by: Janation on November 21, 2020, 01:14:24 PM
Yes because mostly gamblers will just ignore that feature and keep playing whenever they feel to continue there win and doesn't want to get bothered by that feature, so maybe I think(this is just my opinion only) this feature doesn't really necessary needed since if gamblers really want to stop they can decide to do it on their own.

That is right.

I don't think people would be accepting this kind of feature in a gambling site as they are wanting to bet and continue the bet until they can't. Not all of us are like that but there are a lot of bettors that do that thing. They can't just stop themselves from betting their money so the only thing that could stop them is when they don't have money to bet or they realize that they should stop.


Title: Re: Player protection - stop loss limit
Post by: ReiMomo on November 21, 2020, 07:33:13 PM
Another form of advertisement is the only thing that I can see here because it can gain attention and increase the numbers of players but in the end, there are still ways on how you can override this "player protection" feature that they are offering and we are all aware that there is no business who will put a limitation on their profit.

If I may say there is no gambling sites nor casinos who will mind if their players are getting addicted to the services they are offering because that will make them more profitable.

However, these feature stop-loss limits can be of help to some depending on how a gambler will respond to such a feature.


Title: Re: Player protection - stop loss limit
Post by: palle11 on November 21, 2020, 09:45:10 PM

They can't just stop themselves from betting their money so the only thing that could stop them is when they don't have money to bet or they realize that they should stop.

Yes this type of people are the addicts. Addicts don't know how to control themselves even in profit or loss time that why they loss profit all at the end of the betting. This is a big challenge for them and some seek help because they are losing more than profiting to the labour used in the playing of bet.


Title: Re: Player protection - stop loss limit
Post by: btc78 on November 21, 2020, 10:03:18 PM
Another form of advertisement is the only thing that I can see here because it can gain attention and increase the numbers of players but in the end, there are still ways on how you can override this "player protection" feature that they are offering and we are all aware that there is no business who will put a limitation on their profit.
Actually this is just a way to play nice and safe but the truth is Gambling operator never care about our losses,and besides this is what they want to happen so why pretend to be concern but the truth is not lol.
If I may say there is no gambling sites nor casinos who will mind if their players are getting addicted to the services they are offering because that will make them more profitable.
Then why not give wins instead of this kind of propaganda lol,if they are really concern then let players win with good amount sometimes.
However, these feature stop-loss limits can be of help to some depending on how a gambler will respond to such a feature.
Well at least this is one step forward if you really wanted to control your gambling activities.


Title: Re: Player protection - stop loss limit
Post by: DabsPoorVersion on November 21, 2020, 10:10:05 PM
Another form of advertisement is the only thing that I can see here because it can gain attention and increase the numbers of players but in the end, there are still ways on how you can override this "player protection" feature that they are offering and we are all aware that there is no business who will put a limitation on their profit.

If I may say there is no gambling sites nor casinos who will mind if their players are getting addicted to the services they are offering because that will make them more profitable.

However, these feature stop-loss limits can be of help to some depending on how a gambler will respond to such a feature.
Most likely they will introduce this player protection so the gambler will less worry about thinking with how much they lose money while playing,

But the reality is this is some kind of strategy for gamblers to set aside their limitation to themselves and will let this player protection to stop them, wherein the players might be easily bypass just like what gamblers will always do.


Title: Re: Player protection - stop loss limit
Post by: FlightyPouch on November 21, 2020, 10:46:28 PM

They can't just stop themselves from betting their money so the only thing that could stop them is when they don't have money to bet or they realize that they should stop.

Yes this type of people are the addicts. Addicts don't know how to control themselves even in profit or loss time that why they loss profit all at the end of the betting. This is a big challenge for them and some seek help because they are losing more than profiting to the labour used in the playing of bet.

I don't know how to explain this but there are a lot of people that despite their vice, can actually stop whenever they wanted to. They are huge bettors and they are always at events or places where big wages go down. I don't know if they are addicted or not but they sure are close to addiction yet they can stop, they usually talk about how bad is their luck and call it a day.

This people, even though they don't have any "player protection" can still stop whenever they wanted to. I know people needed help but I know other gamblers can do it too.


Title: Re: Player protection - stop loss limit
Post by: Fatunad on November 21, 2020, 10:55:44 PM

They can't just stop themselves from betting their money so the only thing that could stop them is when they don't have money to bet or they realize that they should stop.

Yes this type of people are the addicts. Addicts don't know how to control themselves even in profit or loss time that why they loss profit all at the end of the betting. This is a big challenge for them and some seek help because they are losing more than profiting to the labour used in the playing of bet.

I don't know how to explain this but there are a lot of people that despite their vice, can actually stop whenever they wanted to. They are huge bettors and they are always at events or places where big wages go down. I don't know if they are addicted or not but they sure are close to addiction yet they can stop, they usually talk about how bad is their luck and call it a day.

This people, even though they don't have any "player protection" can still stop whenever they wanted to. I know people needed help but I know other gamblers can do it too.
We dont actually need it because we can eventually stop for out own without those kind of features.It does really matter on self control and if you dont have this
then expect that you would play gambling no matter what the situation you are in neither a loss or win.Its just impossible for a house to consider on putting stop limit
since the most priority for them is to make those gamblers lost and do play too much on the site to more having some revenue.If they would just simply
stop it then that would surely affect their profitability thats why its really contradictory for such manner about stop limit.


Title: Re: Player protection - stop loss limit
Post by: TopT3ns on November 21, 2020, 10:57:10 PM
Most likely they will introduce this player protection so the gambler will less worry about thinking with how much they lose money while playing,

But the reality is this is some kind of strategy for gamblers to set aside their limitation to themselves and will let this player protection to stop them, wherein the players might be easily bypass just like what gamblers will always do.
it cannot happen because so far there are no gambling establishments that apply the system, if it provides such a system it will only make gamblers safe and have no high worries, to be able to control their gambling capital depending on how to control themselves.


Title: Re: Player protection - stop loss limit
Post by: death69 on November 21, 2020, 11:02:13 PM
Nothing much happen if ones cross the limit. They have just broken their own rules, thats it. And by breaking their own rules, they will have less chance to earn money with gambling.

Traders for entertainment usually dont use this function. Only gamblers who want to make money use this and therefore, they have to be disciplined with their own rules.


Title: Re: Player protection - stop loss limit
Post by: Janation on November 22, 2020, 12:43:51 AM

They can't just stop themselves from betting their money so the only thing that could stop them is when they don't have money to bet or they realize that they should stop.

Yes this type of people are the addicts. Addicts don't know how to control themselves even in profit or loss time that why they loss profit all at the end of the betting. This is a big challenge for them and some seek help because they are losing more than profiting to the labour used in the playing of bet.

That could also happen to other people.

When you present someone with a way to earn money just by using his luck, people will really bet their money no matter how small that amount is. I remember that every fiesta in our place, these people are going to our barangay with dice and we guess which color will roll, we usually call it the color game. That is gambling but no matter the age of the people there, they really bet until the money they've empty their pockets. Do you know what the bad thing is? Some of those people that lose go back to their houses just to bet again. Again, these people are not addicted to gambling, they have just presented a way to earn money, despite gambling, they are willing to risk.


Title: Re: Player protection - stop loss limit
Post by: carlisle1 on November 22, 2020, 03:08:37 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
This sounds like a joke  ;D gamblers usually plays as long as they have money to spend and lose ,i don't know whats the main objective of these casinos having
this protection for players when the truth is they wanted us to play and play constantly as they are aiming for our money and not our protection lol.
Nothing much happen if ones cross the limit. They have just broken their own rules, thats it. And by breaking their own rules, they will have less chance to earn money with gambling.
Well in some factor this will Help those gamblers that wanted to change their gambling habits and have at least pattern on what to do for a change.
Quote
Traders for entertainment usually dont use this function. Only gamblers who want to make money use this and therefore, they have to be disciplined with their own rules.
Mature gamblers knows what they want and which to do,so this features don't really matters for them.


Title: Re: Player protection - stop loss limit
Post by: Saisher on November 22, 2020, 03:53:36 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

Then he will continue to lose money as long as the bet and the losses are fair and legit, you have losses your bet, I don't think that gambling sites will protect you, they have already concluded that you are here to play regardless if you bet small or big money, you are the only one who can stop and protect your money, not impose it in gambling site.


Title: Re: Player protection - stop loss limit
Post by: magneto on November 22, 2020, 05:28:32 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

I think that some regulated online casinos are obliged to offer self-exclusion programs where you can shut down your account forever upon request. Unfortunately, I'm not aware of any programs that precisely match what you are describing here.

It would honestly be quite futile given the availability of other casinos even if you hit the so called "stop-loss" at one particular casino and get automatically excluded. If you are truly a troubled gambler, you would simply turn to another platform to continue playing.

The best strategy is to just treat gambling as a form of entertainment. It's cliche, but it's true.


Title: Re: Player protection - stop loss limit
Post by: acener on November 22, 2020, 08:12:50 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
I think it could never happen if I understand it correctly stop loss limit would make the gamblers account to freeze or unable to gamble for a period of time when they reach the maximum amount of loss.
But I don't think that it is helpful to make a gambler limit their bets or stop gambling because they could make an alt-account on it.


Title: Re: Player protection - stop loss limit
Post by: traderethereum on November 22, 2020, 11:33:04 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
I think it could never happen if I understand it correctly stop loss limit would make the gamblers account to freeze or unable to gamble for a period of time when they reach the maximum amount of loss.
But I don't think that it is helpful to make a gambler limit their bets or stop gambling because they could make an alt-account on it.

Yes, that will not work because they will try to register a new account or use the other account to still playing gambling.
If they are addicted to gambling, they will still come and play gambling games. No matter if their account is freeze or banned, they will try to play.
But if their account can not be used on that site, they will search for the other gambling sites that do not have those features because that can limit them to playing gambling.
The right thing about limiting the amount of money and the time will be from their responsibility. Without responsibility for gambling, they will lose their money quickly.
Maybe every gambler will need to limit their money (this is the first thing that they must do). Or they can learn about how to control themselves.


Title: Re: Player protection - stop loss limit
Post by: FlightyPouch on November 22, 2020, 11:38:37 AM

They can't just stop themselves from betting their money so the only thing that could stop them is when they don't have money to bet or they realize that they should stop.

Yes this type of people are the addicts. Addicts don't know how to control themselves even in profit or loss time that why they loss profit all at the end of the betting. This is a big challenge for them and some seek help because they are losing more than profiting to the labour used in the playing of bet.

That could also happen to other people.

When you present someone with a way to earn money just by using his luck, people will really bet their money no matter how small that amount is. I remember that every fiesta in our place, these people are going to our barangay with dice and we guess which color will roll, we usually call it the color game. That is gambling but no matter the age of the people there, they really bet until the money they've empty their pockets. Do you know what the bad thing is? Some of those people that lose go back to their houses just to bet again. Again, these people are not addicted to gambling, they have just presented a way to earn money, despite gambling, they are willing to risk.

It is one of the most popular gambling games here in our country, if not maybe in some places. And I agree that there are a lot of people that even though lost the money they brought, they will go back to their houses to get other funds they can burn. It is because of the fact that their houses are close to the place where the gambling takes place. I also want to say that most of these people are not gambling that much but at that time only.


Title: Re: Player protection - stop loss limit
Post by: jrrsparkles on November 22, 2020, 11:44:02 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
There are gambling sites which has some feature to set certain amount as maximum bet amount so once you reaches it then you have to wait until the time limit to bet again even if you have funds in your wallet which is somewhat like temporary ban on your gambling account but it does really going to protect people from betting more?

When we have hundreds of better gambling sites then these kind of protection are pretty useless though.


Title: Re: Player protection - stop loss limit
Post by: bitcoin31 on November 22, 2020, 11:47:40 AM
I don't see any online gambling sites who offer that because In my thinking they don't care how much the player they lost as long they earning money. Self control ie the key for you to be able to not lose big money because people have their decision if they play more or not. But maybe if they have online gambling offers that it will be good for those people who is uncontrolled playing gambling.


Title: Re: Player protection - stop loss limit
Post by: Fredomago on November 22, 2020, 11:48:11 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
I think it could never happen if I understand it correctly stop loss limit would make the gamblers account to freeze or unable to gamble for a period of time when they reach the maximum amount of loss.
But I don't think that it is helpful to make a gambler limit their bets or stop gambling because they could make an alt-account on it.


The principle is clear once the gamblers already reach the limit it will automatically stop them to play, there's no chance that they'll be able
to continue playing, for those who are really addicted what you have said is very possible as this gambler can easily create another account
to enjoy playing again.

But for the setup of player protection it won't be allowed to let them play, if so, this setting shouldn't be there in the first place,
if gamblers can just bypass what they've created to help them avoiding to lose huge amount of money.


Title: Re: Player protection - stop loss limit
Post by: Yamifoud on November 22, 2020, 12:09:12 PM
Player protection-stop loss limit? This is just a talk from the owners. They are into business, why they should have to care about it and don't let them play according to its limitation? If I am the owner, I will let them play over-time. I think this an advantage over these players who want to gamble. We are making money from them, everyone is welcome as long as they want to gamble. It is not our responsibility and we are conscience because they lose, that's their choice and we just provide what they want.


Title: Re: Player protection - stop loss limit
Post by: stadus on November 22, 2020, 12:10:10 PM
I don't see any online gambling sites who offer that because In my thinking they don't care how much the player they lost as long they earning money.
Because they don't know us personally, as long as you can bet, you are very much welcome, and they would hope that you'll lose as that is their mission, to make their business profitable and as much as possible maximize the profit.


Title: Re: Player protection - stop loss limit
Post by: Yudhisthir on November 22, 2020, 04:48:21 PM
I don't see any online gambling sites who offer that because In my thinking they don't care how much the player they lost as long they earning money.
Because they don't know us personally, as long as you can bet, you are very much welcome, and they would hope that you'll lose as that is their mission, to make their business profitable and as much as possible maximize the profit.

Their profit depends on the volume and not in the number of users. So they'd rather have high betters than a large number of satisfied ones. But crypto gambling has became so competitive that we may see such options in order to bring users to the sites. As small profit is better than none. Most of the gamblers are more concerned about the experience rather than the house edge.


Title: Re: Player protection - stop loss limit
Post by: just_Alice on November 22, 2020, 08:26:37 PM
Player protection-stop loss limit? This is just a talk from the owners. They are into business, why they should have to care about it and don't let them play according to its limitation? If I am the owner, I will let them play over-time. I think this an advantage over these players who want to gamble. We are making money from them, everyone is welcome as long as they want to gamble. It is not our responsibility and we are conscience because they lose, that's their choice and we just provide what they want.
I agree, that sounds more like an advertisement to attract more clients, than an act of carefulness. However, wouldn't gambling sites be interested in having steady customers? And some loss-preventing programs might help them to keep old customers in the game because they won't be broke after just a short period of playing. Plus this can be an influencing factor, that'll make gamblers advise a certain website to friends.


Title: Re: Player protection - stop loss limit
Post by: seleme on November 22, 2020, 08:57:47 PM
I don't see any online gambling sites who offer that because In my thinking they don't care how much the player they lost as long they earning money.
Because they don't know us personally, as long as you can bet, you are very much welcome, and they would hope that you'll lose as that is their mission, to make their business profitable and as much as possible maximize the profit.
In general, yes but for strictly regulated casinos the situation is not easy for such type of greedy casinos. Especially Malta-based regulated casinos have to stop the gambler, protecting his bankroll, I have read about the detailed analysis of how they get sued for not obeying the rules. If there was a mechanism in which gamblers and casinos are not competitors on gambler's bankrolls the situation has to be completely different, IMO.


Title: Re: Player protection - stop loss limit
Post by: fortunecrypto on November 22, 2020, 11:13:35 PM
wouldn't gambling sites be interested in having steady customers? And some loss-preventing programs might help them to keep old customers in the game because they won't be broke after just a short period of playing. Plus this can be an influencing factor, that'll make gamblers advise a certain website to friends.

Gamblers changes their mind often while gambling, a gambling site can have that place in their dashboard, but it's not a guaranty that they will be saved from that protection, they can always opt to play in other gambling sites if they feel they made a wrong decision of turning the protection feature, they just gave their users a reason to go to other gambling sites because of that protection, I don't see this an advantage to a gambling site.


Title: Re: Player protection - stop loss limit
Post by: Fatunad on November 22, 2020, 11:21:13 PM
wouldn't gambling sites be interested in having steady customers? And some loss-preventing programs might help them to keep old customers in the game because they won't be broke after just a short period of playing. Plus this can be an influencing factor, that'll make gamblers advise a certain website to friends.

Gamblers changes their mind often while gambling, a gambling site can have that place in their dashboard, but it's not a guaranty that they will be saved from that protection, they can always opt to play in other gambling sites if they feel they made a wrong decision of turning the protection feature, they just gave their users a reason to go to other gambling sites because of that protection, I don't see this an advantage to a gambling site.

Indeed!

and that would be the common result incase they do consider in putting such feature and made me think on why the hell gambling sites would put up such restriction that would heavily
affect their profits?

They for sure wont be putting that one because their number one aim is to make money out of those addicted gamblers who do play into the site.
Putting stop loss limit is just nonsense for their part and if a gambler do really tend to stop then they can actually stop on their
own without needing this.


Title: Re: Player protection - stop loss limit
Post by: famososMuertos on November 22, 2020, 11:26:08 PM
It is actually a little incompressibleto read comments from some users who did not know that this existed and even more so when they load a signature of a casino, that one should not be a high roller and so not know the lingo of the betting world, but in Counterpoint if you like to say "I don't bet" or the casinos are not for me, you should be more pro idea of enactment of the positive things that exist how these types of tools.

I think that the OP contradicts itself in its context because if such a tool is used the question is not consistent with the idea, because in reality if it used it it would not reach the case of your question.

In any case, the answer is easy, it ends in zero.
________-
               -
Every time I can, I mention the bankroll is your fun, is it your working capital or is it your extra income.

-/You should know which group you are in./-

The  player protection has several applications depending on the casino, some offer direct protection over the bankroll, offer control over deposits, some offer protection over both situations.

Every casino that is serious and responsible must have this type of protection, in fact, some licenses require AML, KYC, etc... and  this type of protection is included in the requirements.

G.B.


Title: Re: Player protection - stop loss limit
Post by: dunfida on November 22, 2020, 11:29:19 PM
Player protection-stop loss limit? This is just a talk from the owners. They are into business, why they should have to care about it and don't let them play according to its limitation? If I am the owner, I will let them play over-time. I think this an advantage over these players who want to gamble. We are making money from them, everyone is welcome as long as they want to gamble. It is not our responsibility and we are conscience because they lose, that's their choice and we just provide what they want.

Why would really tend to stop those players if they do really likes to play? that is some sort of unethical kind of authority for not to let them play or have some limit.
Just like what been said that in case they would really be stopped midway then thats the time they would really find for another place which doesnt have
limitation on where they do can play all they want as long they do have money to deposit into the site.Player protection isnt really that much of a concern
because we have our own free will in regards to our actions.If we do like to stop then we can stop and if we want to play even more then we would find ways.


Title: Re: Player protection - stop loss limit
Post by: xSkylarx on November 23, 2020, 02:34:22 AM
Why would really tend to stop those players if they do really likes to play? that is some sort of unethical kind of authority for not to let them play or have some limit.
Just like what been said that in case they would really be stopped midway then thats the time they would really find for another place which doesnt have
limitation on where they do can play all they want as long they do have money to deposit into the site.Player protection isnt really that much of a concern
because we have our own free will in regards to our actions.If we do like to stop then we can stop and if we want to play even more then we would find ways.

They're basically asking their players to find other website to play. Is there really a platform that implements this feature? I don't see any benefit of this on their business, even on casinos they won't do this type of limitation. Any entrepreneur won't limit his business to gain profit. It's not his fault if someone got broke to it.


Title: Re: Player protection - stop loss limit
Post by: bounceback on November 23, 2020, 04:49:46 AM
When trading on the future I don't care with stop loss limit because I think have chance with my coin choosing back to higher price, but some time I never use stop loss limit and have liquid with my trading future. I remember when last moment when put long future trading and my coin have down and get email notification with margin call liquid from binance but I keep holding and my coin back to higher price and get much profit, now I am waiting best time for future trading without get stop loss limit and keep faith with my coin choose have chance to get higher price and some time I use short on future but never use stop loss limit.


Title: Re: Player protection - stop loss limit
Post by: fullhdpixel on November 23, 2020, 04:55:26 AM
Stop loss are not going to work with any casino in this industry because multiple accounts are common and allowed so you can easily make a new account and bet there with as much as you want and as a gambler when you know this thing you can easily do that when you are desperate about betting.

You lose money, your stop loss prevents you from making more bets. You just logout and change IP and make another account, maybe even don't have to change IP either. This can only work when you have KYC restrictions and multi accounting is banned. One should have enough control over their gambling addiction that the website does not have to stop you from gambling, like hey man you have lost enough can you stop now please lmao.


Title: Re: Player protection - stop loss limit
Post by: Wexnident on November 23, 2020, 05:20:05 AM
They're basically asking their players to find other website to play. Is there really a platform that implements this feature? I don't see any benefit of this on their business, even on casinos they won't do this type of limitation. Any entrepreneur won't limit his business to gain profit. It's not his fault if someone got broke to it.
It might become a thing though if and only if governments were to start asking casinos to implement limits. Though unlikely, once the safety for gambling organizations gets enough influence, who knows right? Idk the exact statistics of how much gamblers actually go into debt due to gambling though, which is a huge influence towards the factor of implementing limits in gambling.

When trading on the future I don't care with stop loss limit because I think have chance with my coin choosing back to higher price, but some time I never use stop loss limit and have liquid with my trading future. I remember when last moment when put long future trading and my coin have down and get email notification with margin call liquid from binance but I keep holding and my coin back to higher price and get much profit, now I am waiting best time for future trading without get stop loss limit and keep faith with my coin choose have chance to get higher price and some time I use short on future but never use stop loss limit.
Well, stop loss on trading is vastly different on how it is sometimes at gambling, especially the mindset. Trading is more in a sense, gambling but you can see what's going on, while gambling itself is something like you're blindfolded, and you can only pray that everything goes your way. And for that matter, gambling is an entertainment, while trading is something more on the lines of business or something.


Title: Re: Player protection - stop loss limit
Post by: shoreno on November 23, 2020, 05:47:25 AM
it will be useless if gamblers can continue . stop at loss supposed to stop gamblers from playing up to a designated time if this is available , it works like a lock up where gamblers suggested same idea on the site that i play but it wasnt approved until now .

 i remember this idea on my phone where it pops up when i reach 1gb of internet data but it was useless too because i will still use another gb of data hehe .


Title: Re: Player protection - stop loss limit
Post by: TheGreatPython on November 23, 2020, 08:29:12 AM
Player protection-stop loss limit? This is just a talk from the owners. They are into business, why they should have to care about it and don't let them play according to its limitation?
Because they do have to understand what responsible gambling is and how to protect their gamblers. I don't know about crypto casinos but usually fiat casinos have the option to limit your losses.

If I am the owner, I will let them play over-time.
That's greedy and every casino would want their players to lose as much as they can but they have to also make sure they don't lose the gambler forever to another casino who have such features.

This is a good topic actually and there should be option to limit your betting but the problem is with crypto casinos they are not as advanced as fiat casinos.


Title: Re: Player protection - stop loss limit
Post by: ufaiz50 on November 23, 2020, 08:42:47 AM
Many sites also have an option that you can exclude your own so that you can protect yourself that way.
Maybe you will regret it later, that would be probe, but a site cannot do anything about that.


Title: Re: Player protection - stop loss limit
Post by: coin-investor on November 23, 2020, 09:23:19 AM
Gambling casinos are profit-driven, gamblers will never get enough unless they have developed self-control and know their own limit based on their action, you cannot restrict both it's useless.

Gambling sites will not let that happen, they will think that if they have that, gamblers can easily log off look for other gambling sites because the excitement is still there and he still wants to play.

So far I have not encountered some of the gambling sites I'm playing but I won't use it if it has one.


 


Title: Re: Player protection - stop loss limit
Post by: doomistake on November 23, 2020, 10:01:57 AM
wouldn't gambling sites be interested in having steady customers? And some loss-preventing programs might help them to keep old customers in the game because they won't be broke after just a short period of playing. Plus this can be an influencing factor, that'll make gamblers advise a certain website to friends.

Gamblers changes their mind often while gambling, a gambling site can have that place in their dashboard, but it's not a guaranty that they will be saved from that protection, they can always opt to play in other gambling sites if they feel they made a wrong decision of turning the protection feature, they just gave their users a reason to go to other gambling sites because of that protection, I don't see this an advantage to a gambling site.

I agree with you. This "player's protection" too good to be true feature is just a way for a gambling site to give their players a reason to not play on their platform anymore. I don't see any merits for a gambling site to make this dream in reality, hence, it will just ruin their reputation and will contradict the true nature of gambling, in which addiction is unavoidable.

The addiction will always be responsibility of the player alone. Gambling sites doesn't shoulder that responsibility since we all know what's the risk when playing gambling. It's all about taking precautions first before proceeding on to something delicate.


Title: Re: Player protection - stop loss limit
Post by: stadus on November 23, 2020, 10:42:49 AM
I don't see any online gambling sites who offer that because In my thinking they don't care how much the player they lost as long they earning money.
Because they don't know us personally, as long as you can bet, you are very much welcome, and they would hope that you'll lose as that is their mission, to make their business profitable and as much as possible maximize the profit.
In general, yes but for strictly regulated casinos the situation is not easy for such type of greedy casinos. Especially Malta-based regulated casinos have to stop the gambler, protecting his bankroll, I have read about the detailed analysis of how they get sued for not obeying the rules. If there was a mechanism in which gamblers and casinos are not competitors on gambler's bankrolls the situation has to be completely different, IMO.
Well, I think I can't reflect on that statement since I'm not reading the laws on regulating a casino, what I'm saying is only based on my observation and my little knowledge and per my observation, I never seen a gambler which complains because casinos does not accept their bets anymore as they keep losing, have you?


Title: Re: Player protection - stop loss limit
Post by: smyslov on November 23, 2020, 11:06:19 AM
I don't support this so called stop loss feature but it's better to have that in place, it's for gambler's preference and option, some gamblers will use it, some will test it, but if a gambling site will use it it's better that they do a study first, they could lose money here, because they are stopping the flow of money from gamblers.


Title: Re: Player protection - stop loss limit
Post by: freedomgo on November 23, 2020, 11:09:18 AM
I don't support this so called stop loss feature but it's better to have that in place, it's for gambler's preference and option, some gamblers will use it, some will test it, but if a gambling site will use it it's better that they do a study first, they could lose money here, because they are stopping the flow of money from gamblers.
This is very useful for a gambler who have constant action as it would help him limit his bets or even loses. However for sports bettors who only bet like below 10 bets per day, I think this feature is not necessary, I'm sure as they bet big, they also have a good bankroll management system in place.


Title: Re: Player protection - stop loss limit
Post by: k@suy on November 23, 2020, 11:16:50 AM
Many sites also have an option that you can exclude your own so that you can protect yourself that way.
Maybe you will regret it later, that would be probe, but a site cannot do anything about that.
If a casinos really have this feature, a stop loss but then we let our emotions affects our gameplay so much, then it is still worthless we should learn to stop ourselves so that we will not have any losing streak. And we can rest as well after we lose.In trading that's what I am doing to avoid losing too much and that is what I am doing now if any casinos will have that. We should have discipline in ourselves and make our emotion stable before we play so no matter may happen it will not hurt us too much.


Title: Re: Player protection - stop loss limit
Post by: ethereumhunter on November 23, 2020, 11:27:47 AM
Many sites also have an option that you can exclude your own so that you can protect yourself that way.
Maybe you will regret it later, that would be probe, but a site cannot do anything about that.
Their feelings at that time may be very difficult to describe, regret, upset and want to borrow money from others to continue. It is a matter of the players themselves, the limits of the gambling sites don't make any sense, the form they will do but always want players to continue.

If they can not think clearly, they won't survive in gambling games, and even they will run out their money. We need always to limit our money before everything can ruin ourselves. Limiting the gambling won't work unless the gambler can limit themselves to work well for both the gambler and the site. Never try to play more rounds if you can not accept the loss because that will make you broke.


Title: Re: Player protection - stop loss limit
Post by: matchi2011 on November 23, 2020, 11:53:59 AM
Many sites also have an option that you can exclude your own so that you can protect yourself that way.
Maybe you will regret it later, that would be probe, but a site cannot do anything about that.
If a casinos really have this feature, a stop loss but then we let our emotions affects our gameplay so much, then it is still worthless we should learn to stop ourselves so that we will not have any losing streak. And we can rest as well after we lose.In trading that's what I am doing to avoid losing too much and that is what I am doing now if any casinos will have that. We should have discipline in ourselves and make our emotion stable before we play so no matter may happen it will not hurt us too much.

Very important tool that you need to have when you enter this industry, gambling is very risky if you don't have any discipline inside
you, losing more than what you can afford is always possible.

Stop loss limit from the gambling site is effective only if players do follow the essence on why this settings has been created, else, nothing
can be done if players will only bypass this feature.


Title: Re: Player protection - stop loss limit
Post by: traderethereum on November 24, 2020, 05:01:37 AM
I don't support this so called stop loss feature but it's better to have that in place, it's for gambler's preference and option, some gamblers will use it, some will test it, but if a gambling site will use it it's better that they do a study first, they could lose money here, because they are stopping the flow of money from gamblers.
If a gambler can use the feature correctly, it really helps him because he doesn't have to feel difficult to control his time and money. After all, if he tries to use all of his money to continue playing gambling, he will see the limitation applied from his account, and he can see why he can not continue to play.
I agree with what you said that the gambling site needs to study or research or make a poll to their user, and maybe they can try to apply the feature for some time, maybe a week, to see the result.
If that feature can really help the gambler to limit their loss, the site can continue to use that stop-loss limit to prevent a gambler from getting a big loss.
But that will affect the gambling site income because a gambler will not have a chance to spend too big money playing gambling.
The feature will have an advantage and disadvantage for both sides, the gambling site and the gambler, and maybe the owner needs to think about a win-win solution for their members.
If the owner can get the right way, that can make them be a good gambling site because they think about their members, and they will not let the gambler lose too big money.


Title: Re: Player protection - stop loss limit
Post by: bitterguy28 on November 24, 2020, 08:40:28 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
gambler knows where to Put their money and  spending in gambling houses ,so that protection program is infeed helpful  if the player is willing to wait and chill.
Let as not be fooled in trusting .
and i don'tknow what to believe this,


Title: Re: Player protection - stop loss limit
Post by: Gotumoot on November 24, 2020, 11:34:54 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Why would we even use it or set it up if we would just ignore it?
And how does it even work I haven't used that yet what would happen to our gambling account when we reach the stop loss limit?
If they would freeze it for a certain time to let us stop and rest on gambling then I think it is a good one to help us limit our bets.


Title: Re: Player protection - stop loss limit
Post by: bitcoin31 on November 24, 2020, 01:23:54 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Why would we even use it or set it up if we would just ignore it?
And how does it even work I haven't used that yet what would happen to our gambling account when we reach the stop loss limit?
If they would freeze it for a certain time to let us stop and rest on gambling then I think it is a good one to help us limit our bets.
The only way to help yourself is you if you want to limit your money is your decision when you stop.
But because other people have control to their selves they created a system like this but do not know how it works.
Freezing account in gambling sites is not answer because they can create a another account to play gambling once they reach their limit of money lost from the gambling.


Title: Re: Player protection - stop loss limit
Post by: Sled on November 24, 2020, 02:04:35 PM
The only way to help yourself is you if you want to limit your money is your decision when you stop.
But because other people have control to their selves they created a system like this but do not know how it works.
Freezing account in gambling sites is not answer because they can create a another account to play gambling once they reach their limit of money lost from the gambling.
I don't think it was all about stopping but this is just how to control ourselves from addiction. Gamblers will find a way to continue their addiction, it's the worst thing to happen when they are in debt because of gambling.

I'm not sure if that stop-loss limit is very effective or any sites will imposing that rule on all gamblers. It's a money matter and that they want more instead of helping their players.


Title: Re: Player protection - stop loss limit
Post by: acquafredda on November 24, 2020, 02:13:49 PM
It can be a way to save some money before they go into the drain but my take is that the stop loss feature would not be very effective. As other here have mentioned, addicted gamblers will always look for ways to circumvent these security features.


Title: Re: Player protection - stop loss limit
Post by: zidanw on November 24, 2020, 02:46:54 PM
The easiest way is to not sit on the PC for a while until you have yourself under control again. That alone cannot be easy either. Maybe request a time out of 24 hours at the site?


Title: Re: Player protection - stop loss limit
Post by: Hippocrypto on November 24, 2020, 03:08:14 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?

That's really an optional decisions made by a certain casino player, nobody is to blame but only himself breaching own protection. The purpose is out of tolerance, because when a person prefers to gamble more often, there's nothing we can do to control everything that's lingering on him. We need to minimize our eagerness to gamble, let's only bet once but don't get addicted.


Title: Re: Player protection - stop loss limit
Post by: shield132 on November 24, 2020, 03:18:24 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
No one can come at your home with gun on your head and shoot it in case you continue to gamble without any protection. You have your own brain and function of this brain is to work! We have ability to not only follow our instincts but to control them and do analytical thinking.

Casino offers you that option in case you can't fully control your head but can make a dicision. Once you click and use this function, then you can't reject it, that's the plus of it.
If you want to stop but at the same time can't control yourself and don't want to use that option, also don't want to seek for a help or see a psychologist, then no one will come and do the job instead of you. If something hurts inside and you won't tell to anyone or express your emotions, then no one will ever understand.


Title: Re: Player protection - stop loss limit
Post by: madnessteat on November 24, 2020, 04:55:24 PM
I do not think that any measures can stop a person if he has lost control over himself. Restricting an account or IP address in an online casino is not a good idea as it's easy to get around. If a person decides to win back his loss, and the protection measures have been introduced against him, he will simply go to another casino and continue to play there.


Title: Re: Player protection - stop loss limit
Post by: Quidat on November 24, 2020, 07:40:37 PM
I do not think that any measures can stop a person if he has lost control over himself. Restricting an account or IP address in an online casino is not a good idea as it's easy to get around. If a person decides to win back his loss, and the protection measures have been introduced against him, he will simply go to another casino and continue to play there.
No one can ever stop actually because if we do base on number of methods on accessing a gambling site even though he had been restricted in some of it
then its just simply as easy as pie for someone to make such thing thats why the main key of stopping yourself in losing money is to stop completely
by your own will without minding much of such feature because gambling houses wont really be making such thing that will oppose into their
main aim which is to make money out of their greedy users and impossible for them to consider it.


Title: Re: Player protection - stop loss limit
Post by: chaser15 on November 24, 2020, 07:49:27 PM
The Stop-loss limit was designed by those site owners to minimize the possible worst-case scenario.

They are fully aware it can easily bypass by a gambler but at least they are doing something to control their users.

Up to the gamblers now if they will use it or do the disciplinary action to themselves.



Title: Re: Player protection - stop loss limit
Post by: stomachgrowls on November 24, 2020, 08:00:20 PM
The Stop-loss limit was designed by those site owners to minimize the possible worst-case scenario.

They are fully aware it can easily bypass by a gambler but at least they are doing something to control their users.

Up to the gamblers now if they will use it or do the disciplinary action to themselves.



Okay, give me one gambling site that do have this kind of feature? Never ever in my gambling experience had seen such place that do have this kind of feature.

I do rather see some counselling recommendations and other like warnings and cautions about gambling addiction but i havent seen one that having this kind of player protection.

Its useless overall because someone can just simply go to other sites with ease if they had been stopped on the current website that they've been playing.

Stop-loss limit protection isnt something that gambling site owners would really plan to integrate because it will just lessen out their revenue.


Title: Re: Player protection - stop loss limit
Post by: Peanutswar on November 24, 2020, 08:03:23 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
gambler knows where to Put their money and  spending in gambling houses ,so that protection program is infeed helpful  if the player is willing to wait and chill.
Let as not be fooled in trusting .
and i don'tknow what to believe this,

Well even there is protection called still at the end of the day the gamblers wi decide what they gonna do are they continue to play or not. The "stop-limit" is just an option to the people just to give a warning you are already reached too much lose of money but still, they can proceed. Well, we cannot stop them if they want to gamble because you already prompt a warning it's their choice to have it.


The Stop-loss limit was designed by those site owners to minimize the possible worst-case scenario....

Is there really a gambling platform having this? I cant find any one base on my research.


Title: Re: Player protection - stop loss limit
Post by: Natalim on November 24, 2020, 10:27:02 PM

The Stop-loss limit was designed by those site owners to minimize the possible worst-case scenario....

Is there really a gambling platform having this? I cant find any one base on my research.

There seems to be none, if there is, it's probably just one or two gambling sites that exist.

The possible worst cases scenario for gamblers is when they lose a lot of money, do you think gambling sites would not be happy with that.
Let's be realistic here, they want to make more, more money so more success for their business, why would they help gamblers to minimize their loses?


Title: Re: Player protection - stop loss limit
Post by: Kelvinid on November 24, 2020, 10:46:08 PM
I do not think that any measures can stop a person if he has lost control over himself. Restricting an account or IP address in an online casino is not a good idea as it's easy to get around. If a person decides to win back his loss, and the protection measures have been introduced against him, he will simply go to another casino and continue to play there.
And they are losing potential player/s and money if these people will transfer to the other.

I don't think that the stop-loss limit could be pushed through, setting to limit is not the concern of the site but that would be the concern of the player. They probably know what they are doing but the problem is that when we are already hooked up by addiction and can't stop our emotions.

Player protection? I really don't think if they are serious about that, IMO.


Title: Re: Player protection - stop loss limit
Post by: Quintrix on November 24, 2020, 11:14:42 PM
The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.


Title: Re: Player protection - stop loss limit
Post by: matchi2011 on November 24, 2020, 11:37:07 PM
The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.

It will reflect to the business indeed as limiting the gmblers to play more will cut  the house profits, but due to reputations they'll
be able to gain more gamblers to visit their business.

Depends from how the owner will handle this kind of feature as for good marketing it will bring good impacts but profitable wise
it ain't going to bring good benefits.


Title: Re: Player protection - stop loss limit
Post by: fullhdpixel on November 25, 2020, 05:10:47 AM
I don't support this so called stop loss feature but it's better to have that in place, it's for gambler's preference and option, some gamblers will use it, some will test it, but if a gambling site will use it it's better that they do a study first, they could lose money here, because they are stopping the flow of money from gamblers.
Actually the topic is miss-understood a bit because the question asked in OP is what would happen if you have a stop loss active on your account in a casino that supports such features and you continue to bet, what would happen.

I believe the bets won't be placed once you have reached the loss that was entered in the stop loss and you should probably get a message that alerts you about the stop loss being reached and asking you to come next later or change the settings you entered about the limit.

I don't think any casino has such feature but if any casino actually has such features would really like to know and try it.


Title: Re: Player protection - stop loss limit
Post by: Lorence.xD on November 25, 2020, 05:18:26 AM
The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.


Title: Re: Player protection - stop loss limit
Post by: traderethereum on November 25, 2020, 06:06:05 AM
The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.

It will reflect to the business indeed as limiting the gmblers to play more will cut  the house profits, but due to reputations they'll
be able to gain more gamblers to visit their business.

Depends from how the owner will handle this kind of feature as for good marketing it will bring good impacts but profitable wise
it ain't going to bring good benefits.
But maybe the house will still profit from the other gambler because not all gamblers will exceed their limits.
If the house has many gamblers, the house should not worry about their income because many gamblers will spend their money playing gambling, although the gambler has their limit, they will still use their money to play more.
I think the owner will have other ways to make more money from the gamblers, and maybe they will invite more gamblers to come to their website by giving so many bonuses to them.
That feature can be the way for the gamblers not to spend too much money, and the gambler should realize that the house really pays attention to them.
But I guess that not many gambling sites will use that feature as they don't want to know how much the gamblers lose because the house is only facilitating the gamblers to playing gambling.
The rest will be up to the gamblers themselves.


Title: Re: Player protection - stop loss limit
Post by: Botnake on November 25, 2020, 06:17:58 AM
The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.

That's right, most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.

Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.


Title: Re: Player protection - stop loss limit
Post by: KnightElite on November 25, 2020, 01:11:09 PM
The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.

That's right, most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.

Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.
The discipline in gambling is one of the hardest to master because it requires time where in you need first to lose huge in order to consider it as good and important, you cannot just become a discipline gambler when you are just starting out. I do not have any idea on a certain gambling sites that have player protection but as far as I know it is individual feature where a certain gambler should have protection to his/her own capital. What do I mean by that? If you are a gambler, you should have limit to yourself; for example, you have a limit of losing $200 per day then you should follow it no matter what is the reason and the situation. We humans have emotion and it is the reason why it is hard to control our greed especially when we are having consecutive winning where we feel invisible that can be a factor for us to bet more even though we are now in our daily limit.


Title: Re: Player protection - stop loss limit
Post by: Mahanton on November 25, 2020, 08:39:53 PM
The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.

That's right, most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.

Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.
Majority will be having that common aim on making money or profits once they had deposited into a gambling site or go to physical casinos
on where they do already anticipate or do expect that they will make money without even thinking the probabilities for it to happen which most
of the time where gamblers is always on the losing side rather than on making money.They wont stop as long they do still have the money into
their gambling site balance yet those amounts will be all used up until its completely gone or wont able to play anymore.


Title: Re: Player protection - stop loss limit
Post by: goinmerry on November 25, 2020, 09:27:35 PM
The discipline in gambling is one of the hardest to master because it requires time where in you need first to lose huge in order to consider it as good and important, you cannot just become a discipline gambler when you are just starting out. I do not have any idea on a certain gambling sites that have player protection but as far as I know it is individual feature where a certain gambler should have protection to his/her own capital. What do I mean by that? If you are a gambler, you should have limit to yourself; for example, you have a limit of losing $200 per day then you should follow it no matter what is the reason and the situation.

Being emotional is common. We can't avoid being on that and maintain our relaxed mode. Even the GOATS OF GAMBLERS are too emotional.

But since the long gambling experience teach them how to become a good and responsible gambler, even these pro-gamblers are emotional, they are disciplined to know when should stop. They understand the risks if they want to cross the line like for example, setting a limit for that day but after being fucked up, they want to chase the loss. It doesn't mean they are out of their mind to chase that loss but they just want to try if there's a chance.


Title: Re: Player protection - stop loss limit
Post by: chaser15 on November 25, 2020, 09:33:41 PM
Okay, give me one gambling site that do have this kind of feature? Never ever in my gambling experience had seen such place that do have this kind of feature.

Is there really a gambling platform having this? I cant find any one base on my research.

The possible worst cases scenario for gamblers is when they lose a lot of money, do you think gambling sites would not be happy with that.
Let's be realistic here, they want to make more, more money so more success for their business, why would they help gamblers to minimize their loses?

Maybe a misleading post but that response of me was based on OP's statement; "some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.".

So it turned out to be a "what if". I also never seen a site having that feature but in case there really is, then I can assume it was designed to minimize the possible worst-case scenario that a gambler might experience.

Too much obvious that gambling sites earn from these greedy gamblers so why should they implement that feature? Setting up a stop loss is really up to us.


Title: Re: Player protection - stop loss limit
Post by: harizen on November 25, 2020, 09:49:19 PM
Okay, give me one gambling site that do have this kind of feature? Never ever in my gambling experience had seen such place that do have this kind of feature.

Is there really a gambling platform having this? I cant find any one base on my research.

The possible worst cases scenario for gamblers is when they lose a lot of money, do you think gambling sites would not be happy with that.
Let's be realistic here, they want to make more, more money so more success for their business, why would they help gamblers to minimize their loses?

Maybe a misleading post but that response of me was based on OP's statement; "some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.".

So it turned out to be a "what if". I also never seen a site having that feature but in case there really is, then I can assume it was designed to minimize the possible worst-case scenario that a gambler might experience.

Let me get into your discussion guys. I also never have seen that feature too yet but just now, while I browsing the Gambling section, this is the first time I saw a gambling site with a feature related to stop-loss;

- Loss Limits
- Wager Limits
- Session Limit
- Cooling off Period
- Self-Exclusion Period

This casino offers several features enabling their gamblers to somehow control themselves and only play with what they can afford.

But for how trusted the site is, I'm not sure about that yet. Still checking some reviews. They just posted their ANN thread today.

ANN thread: https://bitcointalk.org/index.php?topic=5293254.0
Website: https://www.anonymous-casino.com/ (You need to be login to see the Gambling Limits feature)


Title: Re: Player protection - stop loss limit
Post by: TheGreatPython on November 26, 2020, 07:13:59 AM
The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.
You're right but if a casino cares for its players then maybe they have less profit but they will be more popular among gamblers slowly because the community is very mature and they know which site cares for them and which one does not.

Stop loss will not work in crypto based casinos though because people often make more than 1 account and most of the casinos do not require kyc from their players so they cannot limit the betting for any players. Also speaking of stop loss one should have enough knowledge and control about when they need to stop gambling and when they have lost enough.


Title: Re: Player protection - stop loss limit
Post by: rodskee on November 26, 2020, 08:10:50 AM


That's right, most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.
The problem is the Player itself because even if there is a stop loss in gambling site what gamblers do is when done losing in this one,He willjust Jump on another and another to sustain His desire and addiction so there is no sense of having these,
it is the gambler itself that will control the behavior .
Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.
That's the way gambling is,for generation and generation same situation and sometimes it is Inheritted from generation yet?
continuing and this favors gambling owner.


Title: Re: Player protection - stop loss limit
Post by: Natalim on November 26, 2020, 08:16:08 AM

That's the way gambling is,for generation and generation same situation and sometimes it is Inheritted from generation yet?
continuing and this favors gambling owner.

It will always favor them, otherwise they would not last and they will not operate anymore.

We as gamblers know that, we know that we have lesser chances against the house and yet we never think twice because we love the challenge.
Limiting ourselves is kinda stupid if our main intention is to gamble, it's not necessary to improve the site for our discipline that we ourselves should implement, just be responsible, if not, your money will be taken and you'll regret.


Title: Re: Player protection - stop loss limit
Post by: Quidat on November 26, 2020, 09:43:53 PM

That's the way gambling is,for generation and generation same situation and sometimes it is Inheritted from generation yet?
continuing and this favors gambling owner.

It will always favor them, otherwise they would not last and they will not operate anymore.

We as gamblers know that, we know that we have lesser chances against the house and yet we never think twice because we love the challenge.
Limiting ourselves is kinda stupid if our main intention is to gamble, it's not necessary to improve the site for our discipline that we ourselves should implement, just be responsible, if not, your money will be taken and you'll regret.
We would only regret when its too late but if we do still have money then those kind of words wouldnt really be put up on someones mind.
No casino will really put up such limit because they do built up this business on taking your money away and this is just for the sake of entertainment
purposes but there are people who cant really just stop even if they are already losing that much and thats the time they do consider on completely
stopping.Player protection as we say? no they wouldnt care at all.They do care for their wallets.


Title: Re: Player protection - stop loss limit
Post by: Natalim on November 26, 2020, 11:01:51 PM

That's the way gambling is,for generation and generation same situation and sometimes it is Inheritted from generation yet?
continuing and this favors gambling owner.

It will always favor them, otherwise they would not last and they will not operate anymore.

We as gamblers know that, we know that we have lesser chances against the house and yet we never think twice because we love the challenge.
Limiting ourselves is kinda stupid if our main intention is to gamble, it's not necessary to improve the site for our discipline that we ourselves should implement, just be responsible, if not, your money will be taken and you'll regret.
We would only regret when its too late but if we do still have money then those kind of words wouldnt really be put up on someones mind.
No casino will really put up such limit because they do built up this business on taking your money away and this is just for the sake of entertainment
purposes but there are people who cant really just stop even if they are already losing that much and thats the time they do consider on completely
stopping.Player protection as we say? no they wouldnt care at all.They do care for their wallets.
Only us gamblers knows how much we are losing, does the casinos knows we are really losing too much? I doubt that, and they don't even care.  :-X
This does not make sense anyway, the only thing they'll care is you lose and you'll enjoy at the same time.


Title: Re: Player protection - stop loss limit
Post by: Inkdatar on November 26, 2020, 11:47:52 PM
Having a stop-loss limit feature in a gambling casino is very useful if a player will truly apply it. As far as I know, there are no features like this, especially in the popular online gambling site. Whatever the feautue has in a casino a player should have the discipline to avoid loses in a game. It is useless when there is a feature but a user not setting limits when betting a game. Somehow, putting features in a casino is also good that an owner thinks the benefits of a user.


Title: Re: Player protection - stop loss limit
Post by: FontSeli on November 26, 2020, 11:56:18 PM
It will reflect to the business indeed as limiting the gmblers to play more will cut  the house profits, but due to reputations they'll
be able to gain more gamblers to visit their business.

Depends from how the owner will handle this kind of feature as for good marketing it will bring good impacts but profitable wise
it ain't going to bring good benefits.

I also believe that players will go to play on those sites where there are no restrictions. I am also surprised by those countries that impose restrictions on the maximum loss per person for gambling sites registered on their territory. After all, people will go to play on those sites that are outside the jurisdiction of their country. Casino profits and tax revenues will be reduced.


Title: Re: Player protection - stop loss limit
Post by: maydna on November 27, 2020, 01:22:04 AM
It will reflect to the business indeed as limiting the gmblers to play more will cut  the house profits, but due to reputations they'll
be able to gain more gamblers to visit their business.

Depends from how the owner will handle this kind of feature as for good marketing it will bring good impacts but profitable wise
it ain't going to bring good benefits.

I also believe that players will go to play on those sites where there are no restrictions. I am also surprised by those countries that impose restrictions on the maximum loss per person for gambling sites registered on their territory. After all, people will go to play on those sites that are outside the jurisdiction of their country. Casino profits and tax revenues will be reduced.

You are right. We have so many recommended crypto gambling sites that no restrictions, so we can play without any limit except ourselves' limitations to prevent the big loss. Somehow, if we have gambling limitations, we don't have to worry about losing because we will stop before our money runs out.

Besides playing gambling games outside their country's jurisdiction, they can also visit the online gambling games without any restriction or limitations at all. But the casino will still profit from the other gamblers, especially if they have so many members.


Title: Re: Player protection - stop loss limit
Post by: LogitechMouse on November 27, 2020, 02:54:12 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Can you give some gambling sites that offer this kind of feature to the gamblers.

As per my opinion, the best protection of the player comes with the player himself. Features like this will be useless if the one is addicted already. Self control = self protection. Simple as that. Things like this will not help the gambler limit his playing time especially if he is losing money, for sure that he will use all of his remaining balance in the site to gamble.


Title: Re: Player protection - stop loss limit
Post by: iv4n on November 27, 2020, 10:30:20 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Can you give some gambling sites that offer this kind of feature to the gamblers.

As per my opinion, the best protection of the player comes with the player himself. Features like this will be useless if the one is addicted already. Self control = self protection. Simple as that. Things like this will not help the gambler limit his playing time especially if he is losing money, for sure that he will use all of his remaining balance in the site to gamble.

This feature is useless! As you my opinion is the same, if you don't have self-control features like this one will not help, therefore they are useless!
We are all people, and nobody is immune from making mistakes, especially in gambling! I don't see any difference here from life itself, you either learn from your mistakes and you learn how to control yourself and build your character, or you simply go from one mistake to another, digging your hole deeper and deeper!


Title: Re: Player protection - stop loss limit
Post by: Vaculin on November 27, 2020, 10:34:09 AM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Can you give some gambling sites that offer this kind of feature to the gamblers.

As per my opinion, the best protection of the player comes with the player himself. Features like this will be useless if the one is addicted already. Self control = self protection. Simple as that. Things like this will not help the gambler limit his playing time especially if he is losing money, for sure that he will use all of his remaining balance in the site to gamble.

This feature is useless! As you my opinion is the same, if you don't have self-control features like this one will not help, therefore they are useless!
We are all people, and nobody is immune from making mistakes, especially in gambling! I don't see any difference here from life itself, you either learn from your mistakes and you learn how to control yourself and build your character, or you simply go from one mistake to another, digging your hole deeper and deeper!

Exactly, and more it will not work because we are in the crypto world, gambling is anonymous here and anyone can create an account anytime he likes either in a one site only or different site.


Title: Re: Player protection - stop loss limit
Post by: FontSeli on November 27, 2020, 12:36:21 PM
I also believe that players will go to play on those sites where there are no restrictions. I am also surprised by those countries that impose restrictions on the maximum loss per person for gambling sites registered on their territory. After all, people will go to play on those sites that are outside the jurisdiction of their country. Casino profits and tax revenues will be reduced.

You are right. We have so many recommended crypto gambling sites that no restrictions, so we can play without any limit except ourselves' limitations to prevent the big loss. Somehow, if we have gambling limitations, we don't have to worry about losing because we will stop before our money runs out.

Besides playing gambling games outside their country's jurisdiction, they can also visit the online gambling games without any restriction or limitations at all. But the casino will still profit from the other gamblers, especially if they have so many members.

That's why I don't think it's reasonable to introduce any limits on losses at online casinos, because players will always be able to find casinos that don't have such limits.
Loss limits per day/week/month can only work in regular casinos. It is not difficult to circumvent such limits in online casinos.


Title: Re: Player protection - stop loss limit
Post by: fullhdpixel on November 27, 2020, 01:19:09 PM
most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.
That is why people should only deposit the amount they know they might lose and can afford to lose. At times people use gambling sites as wallets which is highly dangerous because when you are on a losing streak you might gamble everything away in frustration without even realizing that the money was not meant to be gambled away.

Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.
That is true and the richest guys in the crypto market are usually the ones who own a casino or even sportsbook because the profits are insanely high and there are often illegal casinos running which are fair for players but they earn a lot and avoid any taxation and legal laws just because they are operating in crypto.


Title: Re: Player protection - stop loss limit
Post by: Astvile on November 27, 2020, 01:29:48 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
I've been gambling with tons of gambling websites out there but never heard of something like this. I've heard limits on wins but on losses I think not. Gambling site owners will be as happy when people lose tons of money in their site because it means more profit. And I think it isn't beneficial for the players too, because the urge of recovering that will keep them to bet more and more money that might exceed the limit set by the site which will surely cause more frustration on the player side.


Title: Re: Player protection - stop loss limit
Post by: XCANA on November 27, 2020, 02:34:21 PM
Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Can you give some gambling sites that offer this kind of feature to the gamblers.

As per my opinion, the best protection of the player comes with the player himself. Features like this will be useless if the one is addicted already. Self control = self protection. Simple as that. Things like this will not help the gambler limit his playing time especially if he is losing money, for sure that he will use all of his remaining balance in the site to gamble.
Agreed, there won't be any gambling platform that will take this feature into consideration becasue that won't be favorable to the platform. Those of them with these feature as the last quoted has insulated won't be in profit, and if there are such gambling platforms believe me, they won't last in this industry.