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1  Economy / Gambling discussion / Self Exclusion on a National Basis, Australia 🦘 on: June 28, 2022, 06:50:01 PM
Australia have just announced a plan where the players would be able to exclude themselves temporarily or permanently from all the gambling platforms in the country. Which I do think is really amazing since it can help control the problem gambling in the country they already have loads of complains as well.

https://www.gamblinginsider.com/news/16954/new-self-exclusion-register-to-launch-in-australia

What do you think about the news ?
Should it include other platforms as well since most of the players know that there are casinos which uses VPN and they would still be able to access it there. But I overall like the idea to control the whole Gambling addiction.

Thoughts?
2  Economy / Gambling discussion / NFT slot Machine !! on: May 31, 2022, 06:40:08 PM
According to the source a crypto website have launched a new NFT which comes with free slots for the holders for UpTo 50 times per day and you can also own new NFT by playing that machine as well !
Quote
The OG Collection will launch on 24 June 2022, while the Jungle Animal Collection will follow with a July 2022 release planned. New Jungle Animal NFTs will then be released monthly up until January 2023.

Due to US gambling laws, Lucky Crypto and Lucky Degens are restricted for US residents.


I found this concept a bit different,  they are trying to build the whole concept around Metaverse with adding the NFT concept as well, I think this is quite different and would like to know the thoughts regarding this, would you play? Would you own the NFT, it's good to see the casinos coming up with new ideas.

https://www.gamblinginsider.com/news/16589/crypto-casino-launches-first-nft-slot-machine
3  Economy / Gambling discussion / The digital ID for Gambling on: May 31, 2022, 03:33:05 PM
Apparently Denmark is all Set to Launch the new Digital ID rules for Gambling in the upcoming July. They have already been using some sort of identification but apparently this is new and improved and would apply for all the gamblers willing to submit their ID and use the services. EasyID is now going to be Replaced by MyID. The license holders of online casino would have to now integrate their systems in the manner that the government prefers. People are still waiting for an update but I would like to know what you think about the system of online ID? Integrating it with gambling might be saving some kids going on these sites but it might also be taking all the privacy away. What are your thoughts on this ?
Reference:
https://www.gamblinginsider.com/news/16594/denmark-to-introduce-new-digital-id-rules-in-july
4  Economy / Gambling discussion / Gambling addiction causing victim to scam his family on: May 18, 2022, 06:41:18 PM
Here is the article: https://www.irishexaminer.com/news/courtandcrime/arid-40875731.html
Apparently Boyle Sports manipulated a man is a very sad way where he ended up loosing all the money he scammed from a family member. The man had probelms with Gambling and he tried to stop by closing the account on the website and at the end of the day they saw him stopping but kept sending him mails and at the same time, they apparently sent him a 50$ free betting which at the end ending up to be awful for him since he started it again and ended up loosing all the fortune. The whole things is extremely complex like Some Sherlock Holmes story. The person was not infact gullible since to fuel his gambling addiction he scammed his family member and then went to court and pleaded guilty as well blamed it all on the Boyle Sports.
What do you think who was in the wrong ?
I think both the bettor and the Boyle Sports were in the wrong.
Quote
It was established that the two accounts, to which the payments totalling €56,000 were made, were a personal bank account and a Boyle Sports account, both in Thomas O’Connell’s name. The payments varied from €100 to €1000 and averaged at just over €200.
“Contact was almost on a daily basis – sometimes a couple of times on a particular day. He admitted that he took €56,000 and impersonated (the solicitor),” Det. Garda Fuller said. O’Connell was actually a client of the solicitor he impersonated. The defendant had a gambling and alcohol addiction.
The phone calls and texts – supposedly from the solicitor - to the victim were a work of fiction by 48-year-old Thomas O’Connell who did not stop until he got his hands on every euro of the €56,000 the victim had inherited.

5  Economy / Gambling discussion / Ever thought of doing your thesis on Gambling ? on: May 13, 2022, 04:33:58 PM
According to this article, the Dutch Gambling Authority have awarded 4000€ to students for two Gambling Related thesis.
Quote
Leonard Delank, a master’s student at the University of Groningen and Newcastle University, wrote a paper on loot boxes; items that feature in many video games and offer players a random reward.
In his thesis, Delank drew on the theories of 18th century German philosopher Immanuel Kant, who argued that people have a moral obligation to do the right thing.
Ultimately, he came to the conclusion that loot boxes are not ethical. For his paper, the KSA awarded Delank €2,500


I think in the paper there were few points that were really interesting, most of the times physicians do categorize the gambling addiction into mental disorder but some might accidentally compare it to the OCD. Whereas it claimed how the gamblers who are addicted are 'too uncertain' therefore should be treated seperate from the OCD patients. Apparently the mentality lied in being sensitive to rewards, overconfidence, overestimation as well.

I think it's a wise article and should be taken as a reference when any medical help is being provided to gamblers and at the same time gamblers should also take a note and understand the psychology better.

Would you ever consider doing your research in Gambling? https://www.gamblinginsider.com/news/16389/ksa-awards-4000-to-students-for-gambling-theses
6  Economy / Gambling discussion / Horse Racing and Gambling on it should be banned on: April 29, 2022, 05:29:27 PM
I was spending some time with my friends parents and there was not only a huge party but all of them placed p2p bets on the horse racing. They asked me to come over as well, the ending was deeply sad and essential to cover : The horse died after winning of a heart attack.

The horse was presenting signs of heart attack on the camera but no one was actually even giving it a second thought and at the end when it was the last lap, all the horses got whipped excessively hard as well. That gets me to my point "why do you support horse racing?" This is honestly far to cruel to continue.

According the this site: https://www.horsedeathwatch.com/background.php they have seen more than 2000 deaths in around 5500 days. Most of the horses die during the match as well, they also have instances where they are exploited using drugs (doping).

Are you aware that most of the horses go through slaughter as well? Some of them have very bad injuries making them not even the least bit useful for the business therefore they are killed without second thought. I do hope people would get more aware and try and steer away from *horse racing*.
7  Economy / Gambling discussion / Australia to ban Pokies on: April 28, 2022, 03:30:25 PM
Australia have more gambling machines per person than anyone else in tbe whole world. Right now an interesting event is happening, there have been numerous calls now to remove all those machines from places like the PUBS and the CLUBS.

According to a news report, the slot machines are not just confined to any casino or any usual place, right now apparently in Australia there is no such law, the machines are everywhere an insight into what might be causing tbe leading probelms with increasing addiction there.

Let me take out the important content from the source here :
Quote
The party devised an eight-step plan to slowly eradicate slot machines from the pubs and clubs where gamblers can spend all day without stopping trying to win big.
The Greens hoped to introduce a $7billion transition package to phase pokies out of society.
'Pokies in pubs will be phased out over five years and pokies in clubs will be phased out over 10 years with a support package for clubs and communities,' the plan said.
Councils would also have the right to cap the number of machines set up in pubs in the area under the plan.
Advertising of gambling on public transport and in sport would also be scrapped under the Greens' initiative.
Their stance on the issue was echoed by former Deputy Leader of the NSW Science Party - now known as Fusion Party - James Jansson.

What the party is doing how in favor of it are you ? No doubt I support responsible gambling but at the same time, machines are not the problem, they might just be the surface of it. Why is there no medical support for people affected by gambling addiction in their plan? Do the parties fail to get some decent knowledge about how an addiction is a mental disorder and needs immediate attention. If they remove the machines they will find some other source to gamble on ofc.

Quote
The NSW Greens party has led calls to abolish the gambling machines altogether.


Now, is that fair ?
Abolish the machines altogether?
Why isn't regulation and monitoring not taken into account?
What do you think ?

https://www.google.com/amp/s/www.dailymail.co.uk/news/article-10761199/amp/Australias-gambling-problem-prompts-calls-pokies-banned.html
8  Economy / Gambling discussion / Where does your country stand ? on: April 26, 2022, 06:49:55 PM
I was sitting and wondering which countries might have the highest gambling rates and for me I thought it could be UK or the US but despite this I went on the web to do a rescarch on which countries gamble the most. Let's have a look at this, since this information might be interesting to you guys as well !

1. Australia
2. Singapore ( they only opened their first casino in 2010!)
3. Ireland
4. Canada
5. Finland
6. Italy
7. Hong Kong
8. Norway
9. Greece
10. Spain !!

I was just as surprised as you guys since I did expect other countries to show up here as well instead of the ones that already did but you can recheck the same on the source : https://www.google.com/amp/s/www.worldatlas.com/amp/articles/countries-that-gamble-the-most.html
Other than that US , Canada,. Japan , UK are few of the countries known for their absolute support of the crypto casinos as well.
What about your country as well ??
9  Economy / Gambling discussion / The Paradox of Gambling behavior on: April 22, 2022, 03:09:42 PM
One might already understand that winning at Gambling is hard but at the end of the day we still see a lot of people increasingly interested in Gambling, this might provide an insight into the casino business and at the same time help explore the ideas 💡 in the mind of a Gambler.

One might be aware of the fact that even though the Gambler knows that he is loosing money they measure the gambling to be an effective usage of that money, a leisure activity to begin with therefore it's more concerned with the activity-than winning an idea that some problem gamblers ignore.

Source :here

In roulette type games more than 95% of the amount is usually back to the player but when we talk about lotteries it goes way below 50% which is explained by the lower levels of winners and winning as a whole despite that lottery is some of the biggest revenue collector for the government. The players usually focuses not on winning big, but most of the time the short increase of dopamine makes their money worth it ( ofc if used in moderation)

What do you think is the best game/ sports to gamble on ? Do you do it for winning? Are the ideas in the article according to you correct? How many times you usually win in a game of chance+skills?
10  Economy / Gambling discussion / Making e-sports more affordable on: April 20, 2022, 01:55:20 PM
We all understand the value of e-sports in today's era and it is indeed a great deal is a company is all set to develop more free e-sports games
According to the reports Incentive Games have already signed up to do the following, they have already developed 21 e-sports games and of which 14 are totally free to play as well, therefore getting in cannot be more affordable. They would be focused on games such us :
Quote
The first game developed for Esports Technologies will centre around the Counter Strike: Global Offensive marketplace, with further plans to develop Dota 2, League of Legends and Valorant-inspired games

Now e-sports technologies and incentive games have now entered a license agreement where they would be providing the users more free to play games using their algorithms based on free to play games in the casinos as well. This can be a game changer since most of the times in e-sports having to pay to wager and play can be a big deal for small players, this can not only help them secure a wide range of audience but it can also help change the whole e-sports gaming as a whole.

Don't forget to check out the source : https://www.gamblinginsider.com/news/16044/incentive-games-signs-up-to-develop-free-to-play-games-for-esports-technologies

What do you think ? Are you going to play on these platforms? I do believe most of the users might already be using them and seeing this incentive get bigger would certainly bring joy with increasing the free game diversity on the sites.

11  Economy / Gambling discussion / Free Gambling Course provided by OnlineGambling on: April 04, 2022, 05:42:16 PM
According to the Wikipedia blackjack is described as :
Quote
Blackjack is a casino banking game. The most widely played casino banking game in the world, it uses decks of 52 cards and descends from a global family of casino banking games known as Twenty-One. This family of card games also includes the British game of Pontoon and the European game, Vingt-et-Un

This game is not just Luck but its also focused on skills as well therefore more amateur gamblers find it hard to play these games without prior experience in it. It's always good to learn the old fashioned way or to go on YouTube as well, but recently according to an article published on gamblinginsider, the OnlineGambling is providing a free course for amateur players regarding black jack.
It would be over 70 episodes and around 2 hour insight as well. It would comprise of not just basic gameplay but also complex strategic moves as well. They are calling it the BlackJack Academy.
I think this would be extremely helpful for anyone who wants to learn blackjack or to improve their skills as well.
Source: https://www.gamblinginsider.com/news/15879/onlinegambling-launches-free-blackjack-academy-online-video-series
At the same time if you are finding a good platform to play blackjack, I would recommend you to try https://blackjack.fun/as well.
Other than that it's a great initiative since players would be able to :
1. Improve
2. Make better decisions
3. Play competitively and win more !!
4. Gain more confidence

What do you think about this initiative??
Are you going to sign up ??
12  Economy / Gambling discussion / Why offline casino go online? Thoughts? on: March 25, 2022, 01:19:00 PM
So I came through the article concerning the fact that a lot of crypto casinos at the moment are going online. The offline casinos are moving towards the crypto trend. The following article states the following reasons that might be going:
1. Pandemic
2. Innovative industry, cryptocurrencies
3. Moving to New markets
4. Mobile friendly
https://igamingbusiness.com/company-news/why-offline-casino-operators-go-online/

Do you think it's profitable for the casinos to go online at the moment since considering the amount of competition that there is and considering how many sites have shut down, even some old ones.

Whereas the traditional casinos continue to provide a sense of fun and adventure in the moment for most people. Therefore should the online casinos do extend their administration futher and go offline as well? What if most amazing crypto casinos went offline as well !? You think that would be a profitable industry?
13  Economy / Gambling discussion / Gambling Disorder ? on: March 07, 2022, 03:31:57 PM
I was going through my feed when I saw this article :
https://www.google.com/amp/s/www.hulldailymail.co.uk/news/hull-east-yorkshire-news/heartbroken-parents-say-hull-teacher-6755181.amp

According to the article the parents of the 24 Year old teacher blamed inadequate Gambling treatment and medicines available right now, also improper assesment of Gambling disorder. Their son became an addict by using fixed odds at the age of 16-17 and ultimately his addiction spiralled out of control.

This made me go further in the article to find more about Gambling disorder, according to the current education, it's categorized under impulsive disorder, in the US they are actually treated with medicine like : Mood stabilizers, Opioids, antidepressants and antipsychotic pills.

Is your country doing enough to inform people about the disorder? It's does require medical treatment first and foremost therefore I do think I would suggest anyone banning their accounts and asking help from social platforms to go to a certified therapist. It's not a joke and should not be taken lightly.

Do you think the laws needs improvement?
Do you think as the parents mentioned that Gambling industry has a *predatory* stance, is true?
14  Economy / Gambling discussion / Southampton football club and Sportsbet.io launches an interesting hunt on: February 23, 2022, 04:54:08 PM
I was going through news when I found out this interesting article where the Southampton football club in collaboration with the Sportsbet.io have launched a very interesting treasure hunt which will have quizzes, scanning the QR codes, searching for clues and at the end the chance to win 1 bitcoin. It's an amazing advertising for both of them and at the same time there will be seperate and well adjusted rounds, where the players would have to gain more points every single day.
Source : https://www.gamblinginsider.com/news/15279/southampton-fc-and-sportsbet-launch-competition-to-win-one-bitcoin
I think this is a very interesting and very powerful move, the advertising is going to be gold for both the club and the gambling site! Is anyone going to participate in that ??
15  Economy / Gambling discussion / Sportsbet.com.au in probelms for unwanted gambling advertising on: February 09, 2022, 06:30:12 PM
Sportsbet.com.au to pay $3.7m in fines and penalties for sending 150,000 unwanted gambling advertising and gambling as well. Apparently sportsbet would have to pay fines since they were sending those messages to people who were trying to unsubscribe to them. At the same time they are not only gonna pay the biggest fine according to Australian spam laws they are also going to pay to individual customers.

https://www.google.com/amp/s/amp.theguardian.com/australia-news/2022/feb/10/sportsbet-to-pay-37m-in-fines-and-penalties-for-sending-150000-unwanted-gambling-ad-messages

Financial counsellors are also implying that they should put a whole ban on the gambling advertising. The company also was contacted by acma but they apparently continued to do it.

What do you think 💬?
I think it's really irresponsible thing to do.

               Important Information:- ℹ️
(Thread for sportsbet.com.au not sportsbet.io )

{I do understand the fact that there are many gambling sites usually that we see upfront using the same name sometimes therefore extremely sorry for the confusion that might have been caused. }
16  Economy / Gambling discussion / Bet365 and UFC extended their partnership on: February 04, 2022, 12:13:38 PM
https://www.gamblinginsider.com/news/14975/bet365-and-ufc-extend-partnership
Bet365 and UFC have just extended their partnership and agreement. They are official betting partner in UK and Ireland. They are also creating a digital MMA show called 'one on one' also at the same time the company bet365 will work to advertise specific UFC content on various advertising platforms as well.
Quote
“After such a successful 2021 with bet365, we’re looking forward to expanding our partnership to include the creation of new digital content for our fans this year,” said UFC Vice President of Global Partnerships Nick Smith. “This is the continuation of what we believe will be a long relationship with bet365.”

There will be visibility on UFC fight pass as well at the same time there will also be Branding done at the octagon as well.
There will also be tickets and giveaways available for the fans if they subscribe to the YouTube channel ' one on one'.
What do you think ?
It's a really good year for bet365.
17  Alternate cryptocurrencies / Marketplace (Altcoins) / New NFT based game launched on: February 03, 2022, 05:56:57 PM
According to the news : https://www.gamblinginsider.com/news/14970/winter-olympics-nft-based-game-launched-by-nway

Game developer Nway launched a game that mimics the winter Olympics and at the same time it's going to be a play to earn game. They titled it Olympic games jam: Beijing 2022 which is backed by an NFT. The players can also choose their own avatars as well. It will be available on both android and iOS and the opening is on 4th February.

It would be a really high quality multiplayer game as well. They would even be able to earn Olympic digital pins as well.

Would you particularly participate in such a game ??
Do you think it's a good chance to earn from it ?
18  Economy / Gambling discussion / Could Gambling Legalization be a positive thing for Brazil? on: January 04, 2022, 03:05:45 PM
According to the article published :
https://www.gamblingnews.com/news/brazil-gambling-legalization-would-bring-3-5bn-in-annual-tax/
The legalization of Gambling in Brazil alone can bring 3.5 Billion Dollars in Annual Tax. The country have not yet legalized the casino gambling but there have been frivolous attempts to make that happen. At the same time it could also be responsible for creating over 650,000 Jobs in collaboration with Bingo and other forms of betting as well. The country's lawmakers want to tax Gambling industry at 30% to be able to earn from them a descent amount to solve the economic fallout from the last year, in the middle of covid, any move counts and can be important as well.
The president have stern thinking and he is against it but some members think they are just looking 7 years worth of revenue if they are not legalizing it. What I do think is they should keep it into consideration that, be it legal or no people would still do it, might as well, make sure they are doing it on a trusted platform and at the same time bringing revenue for the country as well.

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.
19  Economy / Gambling discussion / Why should Gambling be legalized ? on: December 29, 2021, 04:40:08 PM
Time and again we have heard numerous arguments from economists and the government regarding the pros and cons of legalization of the Gambling industry, let us discuss some of them here.
{This does not exclude the cons as well, but let's discuss about the pros here}

What can legalization do for the economy?
- It can definately help the government with high tax revenues which is never Outlooked and this can help with overall economic development of any country for that matters.
- It can help in Job creation as well, since it's a big industry and people would be more engaged
- It can reduce the need for illegal gambling which means they won't have to use illegal methods or whatsoever
- Gambling cannot be controlled, at the end of the day people would find a way therefore it's best if it's regulated by the governmental bodies

There can be other social benefits during the time of Covid where people have to supposedly entertain themselves at their own homes and they won't have to visit casinos in person.

What else do you think could be the benefits ??
20  Economy / Gambling discussion / Are you going to try this free to play platform? on: December 21, 2021, 04:59:30 PM
According to the news headlines, Maximbets is all set to launch Free to Play platform for people in time for the college bowl season, they want to make customers experience all the fun, plus they won't even have to pay anything, not only that :
There will be other prizes and rewards available
The platform is developed by splash tech
It's a collaboration between, maxim and carousel group!! I do think this is a bit exciting news for everyone since we seldom see such big offers being made in the community. Therefore you must try it if they are legal in your region.

Source : https://www.gamblingnews.com/news/maximbet-launches-f2p-platform-maximbet-play/

(The college bowl game starts on December 28th and players will be making bets on the teams)
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