All of that could be part of the terms of service (TOS), or they are required by regulators to verify their clients once they hit a big amount of money. Sometimes, not all the information we need to know is present in the TOS, but as long as it's legally enforceable, we can't blame the gambling site for doing their job to comply with the regulators.

Unless in the case of scam casinos.

From my experience with tax laws, no country will tax you for gambling losses, they can only do that if you have an aggregate gambling gain over the tax period.

And the issue is that it's not easy for countries to tax their citizens the way you have explained, though it's viable for you to prove you gained or lost. However, some would still evade tax through that as there are many schemes through which they do this, especially when they could gamble online, and with crypto.

This is why a country that wants to tax its citizens always has arrangements with the gambling company, they might tax your ticket directly or have the record they will duplicate for the government in order to know how to tax you. But one must be living in their country for the latter to be effective.

Either way, it depends on the country, but you shouldn't be taxed if you are not gaining.

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc. They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?

I will not suggest and I also will not prohibit beginners from joining communities or trading groups. That can be fine as long as the goal is to gain knowledge and share experiences with each other on what to do in trading. Also it will not be good if the initial goal is wrong, such as following other people's trading methods, or swallowing what people in the group say. And also don't be mistaken for having a trading community or group, because many of them only take advantage of new members for their own interests, such as selling trading signals or something like that.

There must be definite data so we can say most people, that can be done through a survey but if the survey is conducted only in certain countries then it still cannot describe that most people gamble because the culture of a region can affect whether people gamble or not. However, saying that sports make people gamble is not entirely true because many sports lovers stick to the love of watching and not betting. So everyone has to go through a study with an even sample in each country so that we can say most people gamble

Playing gambling is physically more fun because we interact directly with people who also play there, even interact directly with the dealer, and we don't find that in online gambling. However, for easy access and time efficiency, online gambling is very efficient. We can access anytime and anywhere.
It's natural that physical gambling might be more fun, but for people who don't like crowds, online gambling is more fun. This goes back to each of us in my opinion, which place is more fun in our opinion, physical gambling or online gambling.

Having a Bitcoin wallet definitely gives you a lot more control over your funds. You can send and receive money without having to wait for a bank to approve it, and you don't have to worry about fees eating away at your hard-earned cash. Yeah, it's like being your own personal bank, but without all the hassle and paperwork. And let's be real, who wouldn't want that? And who knows, maybe one day we'll all be using it to buy our morning coffee and bagels like it's no big deal.

But like you said, with great power comes great responsibility. You gotta make sure your wallet is safe and secure, or else you risk losing all your coins. So don't forget to keep your private keys under lock and key, and maybe even consider using a hardware wallet for extra security.

What they are saying about someone has to lose something for the winning to win big. The real estate business must be a dirty business for some powerful men. For him to have access to acres of land, he has to make people sell.

I saw the documentary about Bill Gates and Jeff Bezos buying up the farmlands, they are a few of the rich who could really implement a smart city on thier own land.

For the fact that you're not into ponzi schemes doesn't mean you cannot still make it in life on a quicker track through this forum, this platform is the only community I've ever seen that guide one through a right path in life because you learn here in different aspects, you build a career here, you participate in a campaign if you so wish, you meet people and relate, you got exposed to the real world here because this platform constitute every potential and positive thoughts thinking people allover the world with a common goal, which is bitcoin and many other opportunities that may come through that while being on the forum.

Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

For long now I have been reading lots of interesting testimonies around the forum about their experience and achievement they made through bitcoin progress. Something very important came into me to know how do you feels whenever someone said of their investment and how it yielded and they made fortune out of it.

Do you feels your late getting involved to the industry and do you wishes to be like them, and if you were in their shoes would you be able to utilize those opportunity they got or you won't afford to bear the risk and get involved?

Lets discuss wisely and get the best from ourselves.

Risk is the measurement of how tough and difficult a certain investment is.

Regardless if it's low risk or high risk, the success of any investment will depend on how we will properly manage it along the way.

If low-risk investments are bound to be always a success, why are there still established and recorded failures at those considered a less-risk investment? It just means that as long as there is a risk, there is no success in any investment without having a serious approach.

Mate you already have bigger things to resolve — screw bitcoin for now lmao. Also noting that friends&family and volatile investments never go together well.

You did right posting your losses, there were many threads about gamblers winning and these temp people that its possible to win big amounts of money, by showing them your results you just show the true picture of how gamblers have their highs and lows in their bets, those who earlier post their winnings are just bragging and wants people to show admiration to their skill, but you are different you show them that things are not easy and they should play with money they can afford and not to be tempted to be like those who pretend to be good in winning.

Frankly it is an issue if you consider it as an issue. In long run KYC verification is important as you grow your account. Imagine a situation where you have ton of money in it and suddenly there is site crash or let’s say there is hack or something and your money is lost. You can always claim back your funds by show casing validity of your account. Because in above mentioned events things could go south to north quickly and they might start investigating about it. Since you will have your verification done you can prove your identity or in some extreme cases you will be able to file law suit against the casino if they deny the refunds or lost assets. If you don’t wanna get verified then decentralised casinos are there but who knows the validity of same?

This is good for newbies in gambling who have not experienced the worst losses yet. As for me, I don't think it's necessary to take the test because I have already learned from my mistakes, and I feel like a brand new gambler now. Becoming a responsible gambler isn't easy, but through learning from experience, anything is possible.

What would happen to a gambler if they took that test and found out that their addiction was high? Would they take it seriously or not? I think most of them would disregard the result because they still love to gamble.

No street gambling is not safe whether you are playing with unknown people or acquaintances when it comes to playing that can be considered risky, your safety should be your main concern, that is why we have physical casinos where people can feel safe, relax, and can unwind, street gambling not only has a lot of risks but you can encounter thugs and cheaters and you have no control of the situation, sometimes spectators of the game are the one that will cause trouble so it's better not to play in streets.

This is not for newbies only but even long-time players still make the mistake of skipping the TOS and the FAQ thinking that all casinos have the same FAQ, until they found out that it's different from the one where they used to play and when they filed a complaint.
It should be your nature to always check, read and be familiar with every casino's term that you're playing to avoid scenarios that will put your account in trouble.

I think creating a new thread for reviews and rating is a good idea in terms of convenience.  Even though we already have an announcement thread for each gambling company, it would be great if there is a thread that has the list of the casino dedicated to ratings and reviews.  

But, as good as the idea sound, I think it requires lots of labor for maintenance and updates.  If anyone can do the @OP idea then I think it is great in terms of convenience.