Such highly religious countries end up being very corrupt. Their leaders embezzle money meant for the people, they are only mindful of their immediate family. Like you have rightly said those countries that are not dwelling on the side of religion are doing good because the people will go on the streets if those in leadership positions do not deliver promises they made during elections and if they don't provide good leadership and overall proper and accountable governance. But citizens of religious countries can't stand up to their government and force them to step down in their bad leadership but to all pray for help from God. Religion is the opion of the masses like Karl Marx maintained and this is peculiar to the religious countries.

I guess op just wanted to throw in the broker stuff here instead of the traders wing otherwise I also don't see correlation of brokerage in gambling or casinos because that is a direct stake or the casino which is an end to itself and not a middle man like the broker would do in the financial market. However, brokers don't only operate in the forex trading, they also exist banking and insurance, stocks, derivatives market etc.

The anxiety after we start losing in gambling is the reason that gamblers record more losses. If you are not a consistent loser or you are not use to it you will realize that you are losing grip of yourself. To set limit is okay but how far have we been able to keep to such budget bankroll. Most keep the limit in their lips and not by their account of actually having the balance emotion to so no even when that imaginery voice keep whispering one more time. What I think can work in limiting ourselves is not to leave much bankroll in the wallet, that is transfer exactly how much we want to stake at a time so that we could have another moment or interval to decide to refund or not by the time we lose.

I think you would have gotten better explanation of how broker business works in the trading discussion board because gamblers here already use casino business.

However, your thread made me to research on what that works with the brokers and if they have any risk in the business and yes they do. Brokers are the middle man that is a channel to customers trading platform and so if in the case of lost trade where the trader has over traded in leverage, it is the broker who bears the excess fund.

A broker can lose their license and fold up in litigation by an aggrieved customer for whatever reason or complaints of ill-management of funds. Also just like other businesses to manage brokerage business takes alot of marketing, management and operational cost.

I feel the casino are the one playing in the money game, apart from setting up their site and ads, they steadily profit directly from customers loses.

I found this on brokers

When I watch poker game during sections of some mafia action films, it trills me alot. I think it is an intelligent game though I have not had a feel of it. 7 Card Stud Poker is the branch of poker game that looks like what I can learn because it is more like the traditional card games which involves your ability to read the mind of your opponent and what next card he could play. I have gone through the link and I will sure have a time to check it out.

Your explanation also buttress the point where people say trading is like gambling and gambling is like trading. Of course retail traders won't make consistent profit against the "manipulators" or the whale traders and that is why there are more loses in trading just like there are also losers in gambling that have now turned addicts. Whichever side of the divide we are, we have to put efforts to be better on it.

Some retail traders who know what they are doing in their trade also cash in on the big whales move if they analyze well on their daily trading. No matter the size of the capital, it is the risk drive of the trader that matters. However, the manipulation that could be going on within the financial houses and the big hedge middle traders can be the challenge in the volatility of the market. But trading is not about hope and it is not for everyone.

I have been lucky like that before in the past to bet game you don't expect to win with small amount of money and unexpectedly you win it, I believe a little kind of regret of not betting with huge amount of money starts coming to your mind. I believe most gamblers have been in this situation and the next time they play they bet hugely but that begins the loses until you lose all you have won. This happens in a visual soccer most times and you see gamblers who initially won huge money begin to be restive and angry leaving the game house losing everything.

The best way to help a child or children not to begin associating themselves to gambling and other social media stuff is not to watch those things in their presence, I understand that when it comes to ads it may just pop up abruptly while in the midst of educative TV show in form of ads but you can totally avoid tuning into such stations that it could be aired as ads, of course we can identify such stations and programs, like some TV shows that involve immoral acts are likely to also show some gambling ads because they go hand in hand.

You can't see a religious TV show or program running gambling ads on their program, so those are more apt for children, cartoons and kiddies shows. Some kiddies by themselves detest to watch any TV that is not kiddies or cartoons. So don't force them to watch those not good for their character formation.

Gambling is a big business for owners of game houses and casinos so they are surely going to have their ads littered everywhere in social media, apps, radio or TV stations and it is the duty of parents to guide their children properly until they are of age to take their own decisions.

If you are gambling to the extent that you have to sell real assets for it then you know you are addicted to it and that means you have a challenge with it and therefore you need help. You are not suppose to gamble to such extent and you can only get to that stage because you may be relying on it for daily survival but if you gamble reasonably, even when you lose you see it as a game, fun and entertainment. This is part of the gambling education we all need as adults but not to introduce gambling to teenagers.

Precisely how do you mean? If every winning is in the hands of the player then the casino business won't be a lucrative one because they will run out of bankroll to make winning payments and rewards as winnings will be recorded day in and out .

If you are familiar with the gambling board here then you will see the amount of new casinos starting up and that is because it is profitable for them in business as they pay out lesser that they get in profit and even tax for those regulated to pay tax.

So winning or losing is not in the hands of the gambler as you have alluded, gambling is cushioned by luck and whatever is based on luck, the probability of the luck is very limited that is why it is called luck.

But talking about the ease of transaction, I think fiat currency also is not left behind if you want to cut of the third party handling by not going to the bank or using your ATM machine, POS through your debit card,. You can have such ease also by staying in your closet and making use of your bank mobile app. Of course all banks have one form of mobile banking where you use your bank app for your transaction and this doesn't give you any additional stress different from what you have when you want to access your crypto wallet from your noncustodial wallet, exchange wallet or casino wallet. All it entails is login with your username, email address or phone number depending on what was used to register just like your bitcoin wallet and you are good.

In fact regards to fees, mobile banking fees are lesser than transacting with bitcoin. Sometimes to use mobile app depending on the size of fiat you want to transact, you may be charged maximum of $0.1 but to have a fast transaction using usdt, you are parting with $1.

However, bitcoin eliminates the third party control from the government but that is gradually going off through the exchange regulations.

I agree with you that the religious leaders are closer to the people and the people also include those in government because they also have a religion where they belong and should practice what they hear from the bible through the religious leaders and even when they study the bible themselves. I think the bulk of the challenge should come from the religious leaders because even in the past and the bible history, the religious leaders were also found to be disobedient to God, they gambled in the synagogue and did all sort of things and no wonder the bible said judgement will start of the religious houses meaning they should teach the proper and moral ways of life, follow it up by their moral actions and not to collect bribes and feel God will always forgive. The religious bodies need to cleance itself up before the society will work in good light.

All that depends on the age of the child. Of course if a child is still a toddler there are some habits he or she can not copy especially gambling because they barely know what it is you are doing with your phone or seating in the front of computer/laptop. But a child of say age of 7 is already knowledgeable of certain things and could try some things behind you especially as they can operate phones. So it depends on the age of the child, we need to take away certain character exhibition from children.

Basic curriculum starts from the early stage and adulthood begins from somewhere around 18 , so whatever you don't learn below the age 18 , you can learn and unlearn reself depending on your choice at the age 18 and above. Therefore, if gambling education where to be offered or approved for adulthood students then it may just be like not useful when they are already aware of what is coming.

If such is possible then an early age will be taken as appropriate but I don't think it is gratified at that age to vividly understand what gambling is because teenagers barely manage themselves not to include another experience to their workload on growing experience.

That despite, you can lose all that profit at once just like in gambling and that is why trading is compared to gambling. Not everyone can do trading and I believe majority prefer to gamble than to trade because it has high risk tendency.


I think the amount of capital will not be what determine the profit in trading but that will be the risk you take and that is why they say trading is a very risky business. If you don't know how to minimize loses for higher maximize profit that means you will keep recording greater loses and lower profit and soon you will be out of capital but capital is not all that can determine the profit but if you will manage your risk.

Welcome on board the forum. I think you will do better if you can warn gamblers before hand on new casinos that are not trusted to avoid exit scam because we already know those once that are old with us here and delivery. So they may not really be the focus, my advise is the those incoming casinos. Moreover you are not the only one with such service here so it will give a good ground to know an honest reviewing site.

Gambling education is not within the justification of government to start doing that or including it to school curriculum, or don't you think that will be absurd and an aberration. If at all something as such could be heard it should be under economics teaching and how to be financially prudent, not to have a whole full accreditation to be taught in schools, I don't think that is right. Remember most religions abhor gambling which is why it is already seen as a sin, so taking it into class room can be termed as very harmful and abnormal, even in countries with mixed religion, you don't have everyone agreeing to it and curriculum is suppose to be what will be good for everyone's consumption. It is more or less like teaching gay marriage in schools, even societies that have quite some numbers of gays don't preach that in schools.

Government will rather teach sex education, abortion or financial management skills than teaching someone how to go gambling. If they bring gambling teaching in class room they know the economy will crash because it is luck based and they can't even make up from tax because the number of winners is far lower than winners. But sex education and abortio/ financial management helps the government to plan the economy both in population control.

So it is for the parents to educate their children against or about gambling not the government.

I know about BFG for sometime now but I think casinos that run on token are more satisfied with few exchanges listing and not giving their token space to grow, the reason this is not easily assertain by me. So I would rather invest in a more ready to grow token or coin, not solely used by a confined group or community for limited purpose. DCA bitcoin as already known is a better choice.

I don't think this bankruptcy and troubled economic situation will have that kind of effect on bitcoin price at least not now that most people have DCA in btc in expectation of btc price surge after halving next year. Moreover, in 2020 COVID-19 didn't bring the price of bitcoin. In fact bitcoin became safe heaven for investors who feared their fiat would be worthless as inflation was gradually increasing because economies got shot down leading to increase in prices of goods. So I don't think bankruptcy will disrupt the price increase of bitcoin because investors would like to leverage fiat they have on btc and that should cause more appreciation of price of btc.