Actually what I am really saying is, unless you have a very very smart plan, follow the gov rule. If you are sure that you can fool them go for it but don't cry when they catch you. If you aren't sure, just pay it. I am not saying that you should pay your taxes no matter what. I say that you must be very smart about it if you are not going to.
McAfee wasn't paying his taxes too and he made it public for everyone to hear. Now he is in jail. That was dumb. Don't be dumb.
No, I do not want to fool the government because I know the risk and always follow my gov rule. I am trying to pay the taxes applied to me and I do not mind with that. But I guess some people are trying not to pay the taxes although they have many sources of income and are wealthy. Sooner or later, they will get caught by the government because they do not pay the taxes. |
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When you are gambling, you always convert your fiat to bitcoin, so it's not a big deal even if the price of bitcoin will increase, in fact, it will favor you as your win will increase due to the increasing value of bitcoin. The mentality of a gambler and an investor is different, we gamble to win, and we use bitcoin as a payment method only, not an investment.
I do not use bitcoin to gamble after the bitcoin price increases because if I still use bitcoin to gamble and lose it, that will be a pain in my head. But yes, if we win, the amount of bitcoin that we have will increase, which means that if we convert into fiat, our money will also increase. Maybe we need to take care of our mental to know what we need to do related to the current situations. |
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You have lost a lot of money in your story, whenever we gamble we should use only our money, we should not debt just to use it for gambling because gambling is not sure money for us, it is taking a risk, what would happen to you if you lose all of the money you have debt in gambling? that is really a big problem. A responsible gambler knows how to manage their time and the know-how to manage their money. If you want to gamble then save money first, a small amount of capital in gambling is not good advice you will just losing it all, it is good to start gambling with a good enough amount of money, depends on you on how much it is, or much the money you can afford to lose.
Many people think that if they borrow money from other people, that can solve their problem. But then, if they use that money to gamble, that is not a solution to make money instead can make them losing that money. That will not make them responsible gamblers because they will make money, especially if they borrow money to gamble. But we can not blame them if they think like that because I think in out there, many people still think that gambling using borrowing money can help them to solve their solution and they can make money from gambling. Maybe some of them can really make money from that, but their number is not too many. So no matter what, we really need to be responsible gamblers and not trying to use the borrowing money that we do not know if we can pay back or not. |
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Happy Friday, gamblers  Some time ago, last October, I asked you if BTC price increase has affected your gameplay somehow. Back then, it wasn't a problem for most of the users who replied. Well, today the BTC price is almost $50K. I was just wondering, how are things now. Are you still playing with Bitcoin, or have you switched to another coin due to a rise? Thanks, Karl from Bitcasino Lucky that i read this late now coz the transaction fee decrease a lot so My Bitcoin gambling is back to normal. I don't need to use my altcoin now because i believe that it is valuable to hold than Bitcoin nowadays. So i'm not affected these days but recently? yeah i use altcoins . Even if the bitcoin transaction fee decrease, with the high price of bitcoin price, that still not recommended to use bitcoin to gamble unless you have many bitcoins that you can use for anything you want. Many of us change our coins into altcoins instead of using bitcoin because they think that bitcoin is too worthy of being used for gamble. Besides that, the gambling website has many altcoins available on their site to use altcoin instead of bitcoin to gamble. |
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The game of chess is interesting, but not many people are interested in the game of chess, 80% percent of people are very bored with the game of chess ,, just sit still, look up and look down, the eyes have to focus inward. in front of chess there are no challenges at all, no skiing, tribing, not interesting to watch, like other sports ,, such as football, volleyball, basketball, badminton ,,
We do not know how people can think that the chess game is interesting because we are not familiar or do not like to play chess. But I guess people will want to find out how the player makes a strategy against the other player to win the game and that is not easy to create a strategy to win. I think chess games teach us about patience, calm down, and beat the other player with our strategy. But we think that the other sports will be enjoyable to follow as we want to search for the challenge from that sports. |
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We know but we cannot; that is the point of gambling which leads to huge success for gambling houses and gamblers do suffer in the end. Houses are usually letting gamblers to win once or twice which become as a wrong example for same gambler and for others as well and then everyone keeps trying for repeating that.
Most gamblers, especially new gamblers, do not know when they must stop gambling because gambling is very attractive that can seduce them to still playing gambling and use more money. Our job is to control ourselves and say stop to us because we do not want to lose money. And if we win from gambling, we must stop before we lose the win money because of playing for another round. Good point, know your limits is what everyone should keep in mind when they gamble while they are winning or losing. And if someone wants to leave the casino with profit then they need to know when to stop as well even though the money is little its not too bad as going with empty pocket due to greed.
Unfortunately, not many of them can know when to stop instead of playing gambling because they think it is no problem to lose for some bucks after winning some money. I think that is not recommended because the chance for us to lose all of the win money will be big and we do not know if we can still win in the next rounds. |
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Why would people even avoid paying taxes anyway? If you made good money, just pay them their cut and get on with it. I know it sucks to pay the government but it is still better than going to jail. Instead of worrying about it everyday and having bad dreams at about it night, paying them makes a lot more sense. If you decided not to pay however, you should have a very good plan. It must be very good because the IRS is better than you think so I've heard.
Um, I do not know. Maybe they do not want to pay high taxes or think that all of the money is their money, which does not come from their income. But I agree with you that no matter what it is, we should follow the government rule, and if we need to pay taxes, we should pay it. Maybe we can ask the government to reduce the tax amount because that does not come from our sources of income. I'm saying regards losing gamblers specifically. Lack of knowledge can lead some people to pay taxes even if they shouldn't, that is the case of being in loss and charged by the government to pay gambling taxes. If it happens the person can appeal and show his previous losses. Adding the won prize to the previous losses it's possible to prove the individual lost more than won, so it's not needed to pay anything.
And I really doubt there is any country which enforces a regulation where losing gamblers must pay something.
But I do not think that they can win from the government if they appeal and show the losses as the government can still get the money. But that will be different if we won the prizes and have big money from gambling. But it seems not fair for the losing gamblers to pay the taxes because they already lose in gambling and pay the taxes. |
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Every gambler should be able to control greed, because greed is one of the reasons we suffer losses. Although it is not easy to control greed,
I agree with you, we have to keep trying until it works. One of the exercises I do to control greed is to immediately stop every time I win at gambling.
That way the profit I get from gambling will not be lost, because I didn't continue to gamble after winning. Doing this is not only greed that can be
controlled, but indirectly we also become accustomed to limiting the time to play gambling.
What you did is right and you are in the right way to control your greed. But you still need to be careful because greed will always come to you, no matter if you win or lose in gambling. While you still learn to control your greed, you should have limitations in time and money, especially to know how long you can playing gambling. Maybe we can win in a short time and we might say that we can play for more as we still need more time, and that is greed that whispers in our ear. So be careful if you get that in your gambling time and do not let that possess you. |
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I don't gamble a lot of times but whenever I do, I feel like I can't stop so basing on that experience, I would say that probably I am not good with managing my time when I gamble. Good thing that I don't have a lot of money and my Internet isn't that good so I can prevent myself from doing online gambling because I know what happens next.
Those situations that you're experiencing right now is a good act of fate because it stops you to gamble. As based from what you've said, you cannot control yourself and it's hard for you to manage your time. Having that said, you're really being helped by fate because of the situation that you're with. I hope that he does not have an experience when he wants to make money online because if he has that, that will make him feel sad because he can not use the internet to help him make money. But whether if we have a good internet connection or not, we must control ourselves when we gamble so we know how much money we use to gamble. Besides that, having control for ourselves will always help us know that our lives are not just for a gamble or doing one thing. We need to do many things in our lives, including making money to fill our daily needs. Good act of fate it is. Although of course, when we indulge in gambling and even in other things that have the potential to cause harm when devoted, we must learn and stand to control ourselves and be responsible in every action or decision taken. Maybe before you indulge in gambling, you need to learn to control yourselves as we do not know what will happen to us later. But unfortunately, not many gamblers want to learn it because the first time they gamble, they will say that they want to have fun by spending some money. But sooner or later, they will not even learn some lesson about controlling themselves instead of trying to get deeper into gambling, which makes them lose more money. |
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Yes, that is right. It is the physical casino.
If we won a lot of money, maybe the tax can be 10%-15% from all of the total money we want to withdraw and I think that still a lot of money that we can get. So that will not be a problem for us if we're going to cash out the money.
That's still a lot of money honestly if you're winning big in physical or online casinos. But the tax varies from the jurisdiction of the country you're living in about gambling tax. As long as we still get the biggest money from the withdrawal, I think that is enough for us because we do not use too big money to gamble and win for some money. But that will be different if we use big money to gamble, and we already have an experience of losing that money, but after a while, we can win so much money. Maybe that still a big winning for us. But we need to check on how big the taxes will apply to our win money. If you want to avoid taxes you need to prove to authorities your losses surpassed the winnings during the yearly period. They can't tax a gambler if he has been losing more than winning, because actually there isn't any profit to be taxed. This way very few gamblers are taxed from their gambling activity and most people shouldn't worry about it. Authorities make much more income taxing casinos than the gamblers themselves. What ironically is also valid for countries where gambling is illegal. I guess that it is not easy to avoid taxes as they will search from your account and that is easy for the authorities to find from where you got that money. If they see you get the money from gambling while in your country, gambling is allowed, they will ask you to pay some money for the taxes. I do not know if losing gamblers are also taxed or not because that will depend on their regulation. The gambling industry paying much money to the government and that can be the income for the country. |
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Since you know that 10K wagering amount looks too high according to your financial status then you shouldn't have such goal of reaching VIP status. Make your goals realistic which applies to the gambling as well or else its like hitting a jackpot or lottery so you solely rely on your luck to reach that. You win and you lose so make sure you play with the amount which is not comes from your entire savings.
Reaching a goal like a special status on a casino can have one benefits like getting better rake back and maybe paying smaller fees. But these are just percentages of our winning. If in the quest to reach that status we turn our wins into losses than it's definitely not worth it. We need to gamble responsible and in accordance with our net worth. If our bankroll is only 10k than we should never bet all of it, the risk of losing it all is just too high. I would say if your network is over million then you are ready to go with $10K bet but for someone who is having $1000 as their monthly salary then they should not try it and just play sensibly according to your value as you said. Gambling made for fun while people took it too serious and considered it as a race for small promotions and VIP level to exhaust their whole savings. Gambling sites or casinos would definitely be making those kind of perks and promotions but actually the real intent for that is to deplete out your finance or life savings which same as you said. This had been a common marketing stuff on where it do looks interesting and gamblers do look that it is their advantage but actually it is really on their disadvantage on long term. If you got lucky then you might able to pull some profits but most of the time you would really be on the opposite direction.Its up to you on how you would handle things up. Gambling sites and casinos are also a business so they are doing their best to reap the profits so no one can be blamed, so it all comes to the end user who take decisions about money they are going to spend for betting. Gambling is for everyone but don't get just attracted to the few perks which is beyond your limits because it can put an complete end to your gambling life or even your life as well. That is right. The end-user will need to have responsibility for their money if they want to gamble because if they lose their money, that will be their mistake. They need to know their limits and not try to break that to make them in trouble. So whenever they win, they need to stop gamble and do not continue playing for some rounds because that will not always win. Only we will know when we must stop and if we do not know about that, we can not prevent the loss and ruin our lives. |
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Yes, that is right. It is the physical casino.
If we won a lot of money, maybe the tax can be 10%-15% from all of the total money we want to withdraw and I think that still a lot of money that we can get. So that will not be a problem for us if we're going to cash out the money.
That's still a lot of money honestly if you're winning big in physical or online casinos. But the tax varies from the jurisdiction of the country you're living in about gambling tax. As long as we still get the biggest money from the withdrawal, I think that is enough for us because we do not use too big money to gamble and win for some money. But that will be different if we use big money to gamble, and we already have an experience of losing that money, but after a while, we can win so much money. Maybe that still a big winning for us. But we need to check on how big the taxes will apply to our win money. But no matter what it is, if that money is sent into our bank account and that is a lot of money, the authorities can ask us and investigate where the money comes from. If that money comes from a gambling place while gambling is prohibited in our country, they can get the money and investigate further.
AFAIK, they're stricter if the money comes from gambling or that was just an overheard statement and banks won't care if it's coming from a direct deposit from a casino. Stricter or not, that will depend on the government regulations on each country. Maybe in some country that allows gambling, they will use a strict regulation while in the other country which does not have regulations for people who play online gambling do not use tax for them. |
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I don't gamble a lot of times but whenever I do, I feel like I can't stop so basing on that experience, I would say that probably I am not good with managing my time when I gamble. Good thing that I don't have a lot of money and my Internet isn't that good so I can prevent myself from doing online gambling because I know what happens next.
Those situations that you're experiencing right now is a good act of fate because it stops you to gamble. As based from what you've said, you cannot control yourself and it's hard for you to manage your time. Having that said, you're really being helped by fate because of the situation that you're with. I hope that he does not have an experience when he wants to make money online because if he has that, that will make him feel sad because he can not use the internet to help him make money. But whether if we have a good internet connection or not, we must control ourselves when we gamble so we know how much money we use to gamble. Besides that, having control for ourselves will always help us know that our lives are not just for a gamble or doing one thing. We need to do many things in our lives, including making money to fill our daily needs. |
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I don't really feel pressured while gambling as I started experienced gambling when I am 18+ at that time. Maybe you are under 18 which is why you are feeling pressured by your mother even if you are winning that time. I always hear my mother and father arguing each other that my father always gambling and lose mostly.
Good for you as you start gambling when you are 18+ so I assume you have control of yourself and do not feel pressured while gambling. But not all the kids will have the same experience as us while they will have a bad day in their life. Some kids will have the same experience as @OP and feel pressured but do not know how to solve it. Meanwhile, they like a gamble with their friend or playing online gambling. |
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I also think that betting on chess has some really interesting aspects. In my opinion it has to be consideres as sports, but maybe it is not the best spports to bet on. But at least you have to focus on the players and their last matches. Definitely worth to take a look at.
Maybe betting on chess will be interesting for some people but the other people, that game needs some time to finish and see who the winner is and that will need patient from the bettor to see if their player can win or lose. Yes, chess is considered sports, but some gamblers want to bet on the sports that will have a challenge and excitement when they play. So maybe we will search for the sports that we might think will be the best sports to bet on. Boring i can say if you do just simply stare up with the board and looking for those moves on each player make but for me even though i do know the sports but doesnt mean that it would really be entertaining or enjoyable to watch but there are still people who are really interested on watching this boring game. When making out bets then it is particularly be good if we do bet on sports that we are definitely aware or known or something fits out our interest. Some people will be still interested in that game because they can enjoy watching that game. I do not watch chess game online or on the television, but sometimes I watch my friends playing a chess game when we gather but not for too long until the game end because I feel that is boring for me. Maybe betting on chess will be interesting for some people but the other people, that game needs some time to finish and see who the winner is and that will need patient from the bettor to see if their player can win or lose. Yes, chess is considered sports, but some gamblers want to bet on the sports that will have a challenge and excitement when they play. So maybe we will search for the sports that we might think will be the best sports to bet on.
It all comes down to ones preference since i've seen other gamblers who are willing to bet on sports that lasts several hours and sometimes up to almost full day like one day cricket for example. Imo even if chess takes a lot of time they're still entertaining to watch because of the mistakes that some players make when they're ahead. Yes, it is. I am sure that the chess game has its own fan and they willing to watch or bet on sports. They will always watch their favorite player playing and supporting them, even if their opponents have more skills than their favorite player. But I never met that other gambler who wanted to do that and waited for such a long time to see the result. |
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You're definitely not the first nor the last one to have this issue. Actually, the current discussion on our thread is about unfair T&C as years of experience in the industry have shown that operators will do anything to void winnings won by bonus funds. It is what it is, though and it's a lesson learned. Everyone should always read the T&C and even maybe double-check with customer care before claiming and using a bonus to protect their winnings if they get a lucky streak.
It is a lesson to all of us not to avoid the T&C even in the reputable gambling site or offline casino because we need to know their rule and prevent not breaking their rule. The reputable casino, whether offline or online, will not try to cheat their members because that will be related to their reputations. And if their members have a problem, they will try to help and solve it because that is the important for them to make their members satisfy. But yes, we need to make sure that we know the rule and read all of the T&C on that site. I absolutely agree. Honest casinos that want to build a name for themselves won't do any tricks. But players also have the responsibility to read the rules and protect themselves. The OP admitted his guilt in this situation and hopefully learned a lesson. But I also think that there should be possibly some tools or features that will alert players in such situations. Like, when you play with bonus funds and want to place a bet over $10 (if $10 is the max bet) to notify you that you will lose the bonus and the winnings. In my opinion, there should be some mechanism to inform users when they want to make something against the bonus rules. This should be a fair approach toward everyone involved. I think that casinos often take advantage of players being too careless and not reading rules and then they have the perfect excuse to do such tricks.  Yes, every gambler needs to have a responsibility in the gambling games to avoid the mistake and make their account to get block or ban. Maybe some casino gives that warn by popping up the new window and say that they will lose the bonus and the winnings if they want to place a bet over $10. That can help the gamblers know that they can break the rules to deposit or only use a small amount of bet or maybe the casino can send them an email about the warning. The casino can do many ways to give the warning to their members, and I think that will help the gamblers know what they need to do. |
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This is not normal for a guy to shit while gambling a normal guy will excuse himself just to do this thing, it's gross and people will think that you are really addicted to gambling and you cannot excuse yourself, even if I'm winning I don't think I will shit while playing.
Even if you are playing online if you have a habit of shitting while playing that will not make a difference.
When I was reading I laughed a little bit. Sorry.  I had this picture in my mind that you are gambling and you shit yourself, after you lost your complete money you stand up and say to the other person just "sorry". Okay, maybe it is a serious issue and not something where you can do somes jokes about. Uh yikes You really need to know when you need to urinate and do not hold on to it because that will make your stomach hurts to hold the urinate. That is why you need to break for a while, especially if you feel tired and your eyes feel not good. You can use that moment to do something else, including urinate so when you back to the games, you can enjoy the game and who knows, you will have a chance to win. That is a serious issue if you get hurts in yours while playing gambling and no one wants to get that thing. |
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I also think that betting on chess has some really interesting aspects. In my opinion it has to be consideres as sports, but maybe it is not the best spports to bet on. But at least you have to focus on the players and their last matches. Definitely worth to take a look at.
Maybe betting on chess will be interesting for some people but the other people, that game needs some time to finish and see who the winner is and that will need patient from the bettor to see if their player can win or lose. Yes, chess is considered sports, but some gamblers want to bet on the sports that will have a challenge and excitement when they play. So maybe we will search for the sports that we might think will be the best sports to bet on. |
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Yes, it needs to stop sooner or later, but it will need more people who have the power to investigate this problem until they found the root of the problem. Someday, sports will have a clean from the corruption and sports betting can continue without interfering with that corrupt people.
It won't be completely stop but in fairness in today's game, there are only few reported case of rigged sports especially in big or small leagues and we as a viewers, can see it clearly if a game is completely biased or a total rigged. It's just that the rigged happened on this topic is so obvious that's why it gained an attention from professional players in the country voicing out some concerns. Maybe that can reduce slowly, especially if the officials can catch the actor behind to get punishment from the authorities. If they can get caught, sooner or later, that can completely stop and we will see the fairness in the game so there is nothing to worry about with that rigged. We as an audience need to be wise if we see that thing still happen in the sports and maybe we can report it to the officials or the authorities. At least, that can be a clue for them to investigate any rigged that happen in the sports. |
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It is not easy to control our emotions so as not to be greedy, because it is a fun thing when we manage to win gambling and get money.
Even though the victory we get can be lost instantly, if we experience defeat when playing gambling again to be able to get a bigger win.
Therefore, why gambling has an age limit, so that people who play gambling are expected to think maturely. In order to limit ourselves
when it is time to stop playing gambling, if we play too much it is also not the pleasure we get. We will be stressed, because we know
the longer we play gambling, not the more money we make, instead we can lose even more money.
Even if that is not easy, we must still try to control greediness if we do not want to lose money in gambling. Maybe we have that experience when we win, our emotion becomes bigger and leads us to still playing gambling and use that money to get another winning. If we can not control ourselves, we will lose the money, including the win money and if that happens, that will be no use for us to win the games. That is why we really need to take care of ourselves in gambling games to prevent the loss. |
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