Crypto gambling websites need to add self-control functionality!

[Reatim]

~snip~

This would help a lot of people around the globe to maintain control over their asset and help them set the right thing to do in case when the limit have been reached. But, I think this would be hard to be implemented because, I think, it would mean less opportunity for the gambling organizers to earn more profit, it is either they would implement it themselves' which is less possible, or a regulating body would take charge.

Even if the gambling site makes an easy way to prevent members from gambling, if the gamblers don't have self-control, that gambler will always gamble and use more money. If there is a prohibition or limiting on using the money for gamblers or the account will freeze by itself if the gamblers break the limit, that doesn't mean the gamblers will stop playing gambling. They will open a new account in the other days to play gambling, and that will happen like that over and over. So every gambler really needs to have self-control over themselves.

Gambling sites should apply a life status check from every players who've been playing with them. With this strategy it could control more gamblers aggressiveness on betting even though beyond of his capacity to bet. KYC and proof of legit income must be a strict requirements in order to be registered for any crypto gambling websites, and failure of completion will dealt to have no access on the website.

As if a gambler will tell the truth or present His life status accurately ?lol that would be a joke unless site will send investigators to make this done rightfully.
And besides Gamblers want privacy that is why they also preventing KYC passing.
But this will help preventing losing high amount if implemented,the question is will gamblers play still in this way?or they will find another gambling opportunities to prevent this things from getting into their nerves?whatever happen gambling will always win over people.

[arwin100]

~snip~

This would help a lot of people around the globe to maintain control over their asset and help them set the right thing to do in case when the limit have been reached. But, I think this would be hard to be implemented because, I think, it would mean less opportunity for the gambling organizers to earn more profit, it is either they would implement it themselves' which is less possible, or a regulating body would take charge.

Even if the gambling site makes an easy way to prevent members from gambling, if the gamblers don't have self-control, that gambler will always gamble and use more money. If there is a prohibition or limiting on using the money for gamblers or the account will freeze by itself if the gamblers break the limit, that doesn't mean the gamblers will stop playing gambling. They will open a new account in the other days to play gambling, and that will happen like that over and over. So every gambler really needs to have self-control over themselves.

Gambling sites should apply a life status check from every players who've been playing with them. With this strategy it could control more gamblers aggressiveness on betting even though beyond of his capacity to bet. KYC and proof of legit income must be a strict requirements in order to be registered for any crypto gambling websites, and failure of completion will dealt to have no access on the website.

Do you think it's a good idea to play on site where your life status has always been check? Do you think it's safe for you? Since I don't find it reliable to be implemented since the anonymity and privacy of the gamblers has been taken out for that case. And also I'm sure you don't like KYC so it's the same feeling for people who avoid it since for me KYC is necessary for big withdrawals only not for anything since I find it dangerous to placed your personal data everywhere.

[Mumbeeptind1963]

The idea sound good enough but the question is, is it actionable?
The truth is, many gamblers will know about this feature and are aware of how it can benefit them yet they won't use it. Especially when the loss in games, they will keep on playing hoping they will win. The self-control of gambling come from within, that is the self-will. Anyone that wants to shy away from gambling addiction should have good will power to say no.

Yes, self control comes from us, we are the one who controlling it, even that site has that feature I am sure that it is optional and yet you will not try that, or even you will try it still, you will be bored and turn off that self control thingy. You need to have that in yourself ,  it is not possible for the gambling site to do that thing, since they will lose some money and traffic if they do that .

[stadus]

it is not possible for the gambling site to do that thing, since they will lose some money and traffic if they do that .

It is possible, one of the sites I know which is Nitrogen sports had that kind of features.

Finally, our Nitrogen esports review found that this site offers flexible self-exclusion options to facilitate responsible gambling.

https://www.lolbettingsites.com/nitrogen-review/

Actually I had used that features in the past but right now I am not an active user of the site but I think they still have that feature.

[peter0425]

Do you think it's a good idea to play on site where your life status has always been check? Do you think it's safe for you? Since I don't find it reliable to be implemented since the anonymity and privacy of the gamblers has been taken out for that case. And also I'm sure you don't like KYC so it's the same feeling for people who avoid it since for me KYC is necessary for big withdrawals only not for anything since I find it dangerous to placed your personal data everywhere.

yeah that is why we are here in crypto world and making gambling using online sites because we want to preserve our privacy but with this thing?it is clear that they can check us from time to time?
i think using VPN or other online site will keep us safer?it is our rights to spend our money even how bad it is,because we are the one who earns this,thanks for Government concern but i think this is needs to be solved by the gambler itself.

[Darker45]

~snip~

This may not be able to totally hinder an addicted gambler from playing. But to a moderate gambler who is attracted to gambling but still has some control left in him, this might really help. This is an effective mechanism to manage each gambler's gambling hobby. But if we talk of addicted gamblers, that would be a totally different scenario. Gambling is almost unstoppable for this kind of people. Even without a single penny, they will always find a way to gamble, either by selling some properties, or by stealing, or pawning, getting a loan, and so on. So this feature is definitely not for them. What is for them is professional intervention.

No, that will not hinder an addicted gambler from playing. I don't think that will prevent the gambler from spending the money. The player will have more than 3 accounts on the same gambling website because if one account already reaches the limit of spending the money, they will use the other account to continue to gamble.

There may be exclusions based on IP address and not just on accounts.

Besides that, I don't think that the gambling website will add that features in their site because their purposes to create the gambling site is to get the money from the gamblers especially from the gambler who cannot control themselves in spending the money.

This is not just all about the gambling websites or casinos, online and physical. This is also about legal gambling regulations. The gambling site may not have any choice about it. Self-exclusion feature is not actually a new idea or concept. It has already been implemented in various countries. OP has already mentioned that in Belgium gambling sites are required by law to have self-imposed limits. Australia has also the same legal policy. Other countries have also exclusion policies but more of exclusions as requested by family members and not by the gambler himself/herself.

[maydna]

Even if the gambling site makes an easy way to prevent members from gambling, if the gamblers don't have self-control, that gambler will always gamble and use more money. If there is a prohibition or limiting on using the money for gamblers or the account will freeze by itself if the gamblers break the limit, that doesn't mean the gamblers will stop playing gambling. They will open a new account in the other days to play gambling, and that will happen like that over and over. So every gambler really needs to have self-control over themselves.

Gambling sites should apply a life status check from every players who've been playing with them. With this strategy it could control more gamblers aggressiveness on betting even though beyond of his capacity to bet. KYC and proof of legit income must be a strict requirements in order to be registered for any crypto gambling websites, and failure of completion will dealt to have no access on the website.

As if a gambler will tell the truth or present His life status accurately ?lol that would be a joke unless site will send investigators to make this done rightfully.
And besides Gamblers want privacy that is why they also preventing KYC passing.
But this will help preventing losing high amount if implemented,the question is will gamblers play still in this way?or they will find another gambling opportunities to prevent this things from getting into their nerves?whatever happen gambling will always win over people.

I don't think that the gamblers will use that way because that will look like limit the have to fun time, but perhaps, that could help the gamblers to know the limit, so they don't lose much money. The gambling will always attract people to go deeper to the gambling world, and if we don't have control for ourselves, then we cannot avoid the big losses that will happen anytime. Each gambler will need to have self-control in gambling, so they don't rely on another thing to control themselves.

[Assface16678]

Even if the gambling site makes an easy way to prevent members from gambling, if the gamblers don't have self-control, that gambler will always gamble and use more money. If there is a prohibition or limiting on using the money for gamblers or the account will freeze by itself if the gamblers break the limit, that doesn't mean the gamblers will stop playing gambling. They will open a new account in the other days to play gambling, and that will happen like that over and over. So every gambler really needs to have self-control over themselves.

Gambling sites should apply a life status check from every players who've been playing with them. With this strategy it could control more gamblers aggressiveness on betting even though beyond of his capacity to bet. KYC and proof of legit income must be a strict requirements in order to be registered for any crypto gambling websites, and failure of completion will dealt to have no access on the website.

As if a gambler will tell the truth or present His life status accurately ?lol that would be a joke unless site will send investigators to make this done rightfully.
And besides Gamblers want privacy that is why they also preventing KYC passing.
But this will help preventing losing high amount if implemented,the question is will gamblers play still in this way?or they will find another gambling opportunities to prevent this things from getting into their nerves?whatever happen gambling will always win over people.

I don't think that the gamblers will use that way because that will look like limit the have to fun time, but perhaps, that could help the gamblers to know the limit, so they don't lose much money. The gambling will always attract people to go deeper to the gambling world, and if we don't have control for ourselves, then we cannot avoid the big losses that will happen anytime. Each gambler will need to have self-control in gambling, so they don't rely on another thing to control themselves.

We all know that playing gambling can satisfy our selves to have fun and to play gambling some of the player today goes play all day because they are now focusing to the earnings on gambling even they know it is riskier still they want to play those games because they are confident they will win the game and earn a lot of profit they use gambling as their job for a while to collect. Still, there are people who wants to play gambling because they want to make extra money and enjoy the game. Playing gambling is too hard to stop, but still, we need to control ourselves to avoid having trouble to our time management while playing we did not recognize how many hours we spent on playing it is better to control and monitor the same with the money we spent too to avoid losing a considerable amount of money.

[Reatim]

As if a gambler will tell the truth or present His life status accurately ?lol that would be a joke unless site will send investigators to make this done rightfully.
And besides Gamblers want privacy that is why they also preventing KYC passing.
But this will help preventing losing high amount if implemented,the question is will gamblers play still in this way?or they will find another gambling opportunities to prevent this things from getting into their nerves?whatever happen gambling will always win over people.

I don't think that the gamblers will use that way because that will look like limit the have to fun time, but perhaps, that could help the gamblers to know the limit, so they don't lose much money. The gambling will always attract people to go deeper to the gambling world, and if we don't have control for ourselves, then we cannot avoid the big losses that will happen anytime. Each gambler will need to have self-control in gambling, so they don't rely on another thing to control themselves.

that is what exactly i am pointing,Gamblers will always Find way to gamble even if there is features like this because it is their money that being risk and their life that getting worst so why need to cover for their wanting?
i think what we all need is a proper information about what and how really gambling works.
it is not the way we see it as profiteering place instead it is the other way around so better not to risk our life but just enjot the game.

[maxreish]

Putting up such limits? I never heard of such idea like this but I am in favor of this suggestion by OP. I was losing my control in gambling, I would admit that. But the only one who can fight that uncontrollably greediness is ourself. It makes sense why in gambling site, there is a setting for stop profit and stop on lose. It can be useful to one if we put our goal on that setting. It somehow helps to control ourself in unhealthy emotions.

[Janation]

Putting up such limits? I never heard of such idea like this but I am in favor of this suggestion by OP. I was losing my control in gambling, I would admit that. But the only one who can fight that uncontrollably greediness is ourself. It makes sense why in gambling site, there is a setting for stop profit and stop on lose. It can be useful to one if we put our goal on that setting. It somehow helps to control ourself in unhealthy emotions.

It will be a good solution for people who are gambling always.

As people keep on gambling for profit, they would be stuck to that kind of system that would really fall in time to addiction. As gambling sites and casinos might not implement this, we as gamblers should be responsible to what and how much we are spending in these places. Speaking of limitations, read this post as it is connected to this discussion.

https://bitcointalk.org/index.php?topic=5217748.0

[carlisle1]

Putting up such limits? I never heard of such idea like this but I am in favor of this suggestion by OP. I was losing my control in gambling, I would admit that. But the only one who can fight that uncontrollably greediness is ourself. It makes sense why in gambling site, there is a setting for stop profit and stop on lose. It can be useful to one if we put our goal on that setting. It somehow helps to control ourself in unhealthy emotions.

yeah just like you?this was the first time that i heard this idea but it is very helpful right?imagine that we can be saved from being spending a lot?
sometimes there must be a forced thing to interfere for us to become safer gambler because this is addicting game and we cannot hide our lust in playing mostly so help is all we need.
but of course what we more need is to Help our self having  control and liable to our actions.

[coinfinger]

The idea sound good enough but the question is, is it actionable?
The truth is, many gamblers will know about this feature and are aware of how it can benefit them yet they won't use it. Especially when the loss in games, they will keep on playing hoping they will win. The self-control of gambling come from within, that is the self-will. Anyone that wants to shy away from gambling addiction should have good will power to say no.

Yes, self control comes from us, we are the one who controlling it, even that site has that feature I am sure that it is optional and yet you will not try that, or even you will try it still, you will be bored and turn off that self control thingy. You need to have that in yourself ,  it is not possible for the gambling site to do that thing, since they will lose some money and traffic if they do that .

While I agree that a gambler has to make decisions himself when to start and stop but having a limit at certain times does helps, as you might not be aware that even the biggest gambling platforms like bet365 have such limits. These limits do not handicap you at all but they just make you ensure that during bad session and loosing too much does not affect your thinking ability and you are unable to deposit any extra funds.

This is important because we as gamblers have always faced that stage where we just want more funds to gain back the lost money and such limits helps reduce those meltdowns and once we are unable to deposit because of these limits and time passes by, we realize we avoided a big meltdown.

[fullhdpixel]

While I do somewhat agree with this, there's also a ton of things that could go wrong such as people somehow accidentally placing a limitation on their account through some sort of a self-control function, or people that end up regretting activating the self-control or maybe needing the funds in an emergency that are locked up in the casino for X amount of time. The best solution is to start with something small that also exercises your self control, and continuing to do this until eventually you regain enough self control to stop gambling when you want to.

No, actually there can be limits setup for max deposit and max withdrawal. But I believe since we are into crypto gambling its much easier for anyone to create a new account and deposit there. I believe as long as identity cannot be verified and each gambling account is verified these limits would never be as effective as you would want them to be.

Coming back to point, do we actually need such limits? My answer would be NO, because if you cannot control your gambling limits you must not be gambling at all in first place. You may search about problem gambling if you want to know more.

[dunfida]

While I do somewhat agree with this, there's also a ton of things that could go wrong such as people somehow accidentally placing a limitation on their account through some sort of a self-control function, or people that end up regretting activating the self-control or maybe needing the funds in an emergency that are locked up in the casino for X amount of time. The best solution is to start with something small that also exercises your self control, and continuing to do this until eventually you regain enough self control to stop gambling when you want to.

I wont suggest that thing yet you will surely mold up yourself to be addicted before you do able to have that self control youve been talking.Most of the time people do learn when they do already committed
mistakes.

Gambling sites doesnt really need to be blamed and its nonsense for them to put up some self-control thing.For what? they do aim for getting users and setting it up will really opposes on what theyve been targeting.
Players should be the ones to have that self-control if you dont like to mess up their entire life.

[bgaf]

I dont think a private firm who owns cryptocurrency casinos will implement this idea. Maybe they can add some ground warnings but adding this feature will also make their profits goes thinner. As a businessman do you think they would allow that?

Many gamblers have a habit of losing too much because too much greed and cant control themselves. IMO, if you cant control yourself then better to stop playing if this attitude is hard to control. Playing gambling is more than just an entertainment but can also lead to addiction. Some will also disagree to put this feature as if they will be mandated to follow rules to avoid this objective that should start first with discipline when playing this kind of game that involves money.

[Twinkledoe]

I dont think a private firm who owns cryptocurrency casinos will implement this idea. Maybe they can add some ground warnings but adding this feature will also make their profits goes thinner. As a businessman do you think they would allow that?

Many gamblers have a habit of losing too much because too much greed and cant control themselves. IMO, if you cant control yourself then better to stop playing if this attitude is hard to control. Playing gambling is more than just an entertainment but can also lead to addiction. Some will also disagree to put this feature as if they will be mandated to follow rules to avoid this objective that should start first with discipline when playing this kind of game that involves money.

You are absolutely right, those gambling websites want to rip money from their gamblers as much as they can. Yes, they will give you warnings or help reference sites for gambling addiction but honestly, have you heard any online or offline casino site which is concerned with their player's welfare in terms of spending money? It is the gambler's responsibility to have self-control and not the site that he is playing with. They won't care how much you will spend to them. For them, the more the better.

[rexxarofmoknathal]

I dont think a private firm who owns cryptocurrency casinos will implement this idea. Maybe they can add some ground warnings but adding this feature will also make their profits goes thinner. As a businessman do you think they would allow that?

Many gamblers have a habit of losing too much because too much greed and cant control themselves. IMO, if you cant control yourself then better to stop playing if this attitude is hard to control. Playing gambling is more than just an entertainment but can also lead to addiction. Some will also disagree to put this feature as if they will be mandated to follow rules to avoid this objective that should start first with discipline when playing this kind of game that involves money.

You are absolutely right, those gambling websites want to rip money from their gamblers as much as they can. Yes, they will give you warnings or help reference sites for gambling addiction but honestly, have you heard any online or offline casino site which is concerned with their player's welfare in terms of spending money? It is the gambler's responsibility to have self-control and not the site that he is playing with. They won't care how much you will spend to them. For them, the more the better.

Not all casinos are trying to drain customers for all their money.

Take a look at luckydice.com, you'll find that they're actually trying to provide users with an enjoyable experience while playing, and still manages to keep alow house edge.

Likewise, there's also platforms like Nitrogen Sports and other sportsbooks that don't take any direct cut, they just make a profit on the odds spread.

Also, I don't believe the platforms have no role, they should act responsibly, and any platform worth its salt usually does.

[Vaculin]

I dont think a private firm who owns cryptocurrency casinos will implement this idea. Maybe they can add some ground warnings but adding this feature will also make their profits goes thinner. As a businessman do you think they would allow that?

Many gamblers have a habit of losing too much because too much greed and cant control themselves. IMO, if you cant control yourself then better to stop playing if this attitude is hard to control. Playing gambling is more than just an entertainment but can also lead to addiction. Some will also disagree to put this feature as if they will be mandated to follow rules to avoid this objective that should start first with discipline when playing this kind of game that involves money.

You are absolutely right, those gambling websites want to rip money from their gamblers as much as they can. Yes, they will give you warnings or help reference sites for gambling addiction but honestly, have you heard any online or offline casino site which is concerned with their player's welfare in terms of spending money? It is the gambler's responsibility to have self-control and not the site that he is playing with. They won't care how much you will spend to them. For them, the more the better.

Not all casinos are trying to drain customers for all their money.

Take a look at luckydice.com, you'll find that they're actually trying to provide users with an enjoyable experience while playing, and still manages to keep alow house edge.

Likewise, there's also platforms like Nitrogen Sports and other sportsbooks that don't take any direct cut, they just make a profit on the odds spread.

Also, I don't believe the platforms have no role, they should act responsibly, and any platform worth its salt usually does.

It depends on the type of game we are playing here but normally people spend big money on games where they think they can use their skills to win, like sports betting. Some sites have a feature to help gamblers control but that doesn't really play a big rule in the world of crypto gambling as we are doing it anonymously and anytime with a new username and email, we can gamble again.

[20kevin20]

This is the problem. Even after the control mechanism is triggered, if a person wants to, he can create a new account or return to the game in some other way.
Thus, we return to the fact that creating such a mechanism is rather difficult. At a minimum, a third party is needed that will be able to completely block access to all Gambling resources on the device.

However, whether this will be an excessive measure, because something will have more authority on our device than ourselves.
In any case, I think if a person has problems with how much money he can lose, then he himself needs to realize this , and take control.

It makes no sense to rely on others; only you can solve your problems.

Most gambling websites (at least most of those I've joined) require KYC anyway, so creating a new account isn't an option. But self-control should come from the individual betting, not from the website.. that's why it's called self-control..

The best thing a casino can do is to add some sort of timeout the user can set.. for example, they could let you choose not to be able to bet for X minutes. But again, if one wants to play their money out, they will anyway.. so it's useless