Betting Features on any Banking or Financial apps should be Removed

[Hispo]

Kind of weird, this is the first time I have heard about financial applications featuring gambling or getting features...

Those apps are supposed to benefit from people saving money and they positing their wealth there in the long term. The only logical explanation I can think of is that the owners or those behind the app got a deal with a bookie, the bookie gets indirect advertisement to people (who have money) and the app for financial services get a cut off it.

I have encounter feeling kn this one, I am not sure how moral this is...
People seeking for save investments are not supposed to be suggested to gamble.

[Silberman]

I don't understand why people see gambling so badly, I don't know for others though but I haven't seen a person in person that gambling has rubbish or destroyed life as they put. I have seen people take stupid risk though like using their school fees thinking they could double it and for that, I understood their frustration if been a student and looking for alternatives to make money for feeding or getting some swag up clothes but then, even if they lost their games, they do find a way to pay that money before they close the portal and after that, they are fine with their studies, gambling isn't really the way they hype the downside of it, it can be addicted but sometimes, we need to calm down with the addiction discussions.

Gambling addiction is nowhere near as prevalent as alcohol or drug addiction, I would even venture to say that social media addiction is way more prevalent than gambling addiction too, however gambling due to the different movies which have been made and the story of modern casinos it has been associated with criminals and other people like that, so some people still have a very negative image of gambling, even if right now online gambling is the most popular way to gamble and there are no additional risk associated with it.

[ethereumhunter]

I believe the bank has partnered with a betting platform and the bets will be made on that platform and the bank will most probably redirect the users to that platform. Or, maybe users can use their bank accounts to top up their sports betting account on that particular platform. They probably get some commission from the total bets made by the users that the bank has redirected toward the platform because banks would probably not just do it for nothing.

I also keep wondering if the bank also charges the users some commission for using them for placing bets because if they do, why wouldn't users use the platform directly instead of using it through the banking app to avoid paying extra money? They would use it if they weren't charged anything extra, for sure.

I also think like you because if banks don't partner with betting platforms, those betting features won't be on those apps. People also won't notice any betting features when they use the app. The bank will get a commission, even though the commission is small, but if many people are interested in trying the features, the bank will get a lot of commission.

The bank should be able to think about the consequences of having a betting feature in the application. After all, not everyone who uses the application can protect themselves by not pressing the betting feature. Some people will be curious about the betting features and in the end, they will try betting through the betting features in the application. The bank should remove the betting feature before many people complain about it.

[LUCKMCFLY]

I have opened more than 10 bank accounts in the past including the use of their apps and I assume that there are no betting features in our banking apps. I also have lots of financial apps and I also found zero features that allow its users to bet. But this is not a surprise since some years ago I found out that our bank debit cards are also restricted from making deposits in online gambling casinos.

I believe that gambling should only be introduced to mature people who are at least not down financially. Gambling is fun but there are just a lot of people who do not understand how it works.

Well with all these statements it is Clear that Things can happen in any way when you have Several money , the truth is I don't have that Many money in my country , in fact I have About 3-4 money and I don't really use them, since year 2020 that I did not use again, because in my country the local currency is so bad that at any time these things from a casino Would even be profitable for a bank, but I think this has not Occurred to them Under any Circumstances , and I don't know, but it could work for them because with That it would Give the banks more liquidity and they could do something very good, of course in this Country where Inflation is no longer even calculated due to the fact that it is not always It's worth it, it Happened after a large Percentage that no longer makes any Sense.

In this Order of ideas I think that a Bank if it Adds a casino or Mini-Casino where its Users can Make use of it is not alright, 'because it is not a bad idea, they also have somewhere to Complain, which Seems good to me, in another It makes sense if things go Wrong, I think that the Same Bank would have as a basis that since it is a Bank it does not Make Sense to steal its clients, then it would not need to do or comply with KYC, because in a bank all that is already there and more, what if I would have a doubt that if it were done, how would those who want to bet on the big players and win big, how would they make the withdrawals? Would the bank then grant the large withdrawal? because one Thing is True , while the bank knows that Everything Was Below a Normal level and if there were cheating, then it has to Comply, because I don't think it asks for the origin of Funds , that's the only thing, besides what I can imagine is that the bank would charge a very large tax for playing in the same bank, I would not See it as something that can be Considered good , but they Set their rules, imagine that if a player wins a lot, then he has the Right to make the transfer of the Amount he wins , if Such a thing is implemented in a Bank.

[Webetcoins]

Mate, I really thought it was only happening on our country but it's great that someone shares their experience here about those apps. I think the only difference on the app that I use from yours is that the casinos seen there is like an advertisement only and when you click on them you will be redirected to their main websites. It's only crazy that even these formal apps/companies are now joining the gambling trend.

I thought it was only the desperate influencers who are are promoting them. This can backfire them badly because the customer can use their money or savings to the gambling site that they are promoting and they will soon decide to delete the app because each time they see a money there they will only gamble it.

[Wiwo]

Mate, I really thought it was only happening on our country but it's great that someone shares their experience here about those apps. I think the only difference on the app that I use from yours is that the casinos seen there is like an advertisement only and when you click on them you will be redirected to their main websites. It's only crazy that even these formal apps/companies are now joining the gambling trend.

I thought it was only the desperate influencers who are are promoting them. This can backfire them badly because the customer can use their money or savings to the gambling site that they are promoting and they will soon decide to delete the app because each time they see a money there they will only gamble it.

What do you expect when everyone is after they own pocket,  banks are operated to generate revenue and that is why their can under go any activities that will generate more income,  what most banks in my countries are currently doing is to always offer your discount if you deposit into your bet accounts using their banks apps,  this have become a trends and most times,  on any match day,  this banks will send an email informing you of how much you can earn as a promo if you credit your bet accounts using a special code.

Some of them even go as far as putting up a ground prize for those who make the highest deposits using the bank app,  but I haven't seen any bank that offers a direct prediction and satking feature  before.