freedomgo
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May 07, 2020, 01:49:49 PM |
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So that's an effective house edge of 3% pretty much.
I am just curious, how did you get the 3% house edge? I only pay attention to the at 1% o the losing bet that will go to the charity, and OP did not mention a certain house edge or a certain game.
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YOSHIE
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May 07, 2020, 02:11:14 PM |
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If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?
Many who do such things win in gambling bets, some of the wins are donated to the orphanage and donations are given to those in need, it has happened at my place of residence. But it depends on the individual there are also stingy and some are generous donating a few dollars from gambling. I also prefer to donate if I win in gambling, I think that in winning there are other people's rights there that need to be given, not ours completely.
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R |
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Assface16678
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May 07, 2020, 02:18:42 PM |
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I think this kind of action is not listed on the game of the players because if you win and then some of your funds will undergo into the charity I think it is not the responsibility of the players that the earnings they've got will go into the charity because most of the casino today all of the funds of the player won on the game will direct on them all of the profit and it depends on them if they want to donate their funds. Also, I'm looking forward to the highest-earning casinos that they will get some charity funds on their company because we all know that casino is one of the largest company earning a lot of income and profit so one of the good ideas they will do is make their own charity at the same time to help the people and it depends on the player if they want to donate or not to help.
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onrise
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May 07, 2020, 02:30:51 PM |
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Donation is voluntarily and compulsorily. So, this is definitely a forced donation which we will see. Also, not necessary where they are donating, or the list exists people may like to donate or would want to do their own way. Though again it will depend from person to person and I would have like the idea that for every win or lose the website donates an x% from their pocket to specified lists.
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Reid
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May 07, 2020, 02:54:44 PM |
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It's a good idea. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) We can't just keep on winning freely without thinking of something. If it is for the good then why not. I think a lot of us will love that kind of idea. But what gambling site offers that kind of service?
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Rengga Jati
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May 07, 2020, 03:49:07 PM |
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Some big online casinos and sports betting may have their specific charity programs to help out. And most of them are probably trusted. It is not only about the trust, but also about how the gambling industry also wants to help out for charity. personally, it will be no matter for me how percent the amount for charity. As long as it will be really helpful, it will be pleased. And of course, we can believe in the online casino for the charity as long as they are trusted ones. However, most of them, once more, are trusted. So, it doesn't mean how much amount of donations. High impact derives from small things. Let's keep playing as long as it can help and also can make you earn more and more money.
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Natsuu
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May 07, 2020, 04:14:37 PM |
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If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?
Many who do such things win in gambling bets, some of the wins are donated to the orphanage and donations are given to those in need, it has happened at my place of residence. But it depends on the individual there are also stingy and some are generous donating a few dollars from gambling. I also prefer to donate if I win in gambling, I think that in winning there are other people's rights there that need to be given, not ours completely. Donating isn't a problem and is a good act of a good samaritan. Donating money money that came from gambling is quietly okay. It doesn't mean where you get your money but you make sure that it is legal and in good ways. We all know that gambling isn't that good for those people who only think of themselves and ate by thr attitude of being greedy. We don't know how many of those people out there are playing gambling for their self interest but of course the point here is there are people who still like to donate and help others. I will play gambling with all of my money just because I want to earn but because I have a goal in myself that involves a lot of money and I need this money to grow and grow in order for me to make things possible. I will also be open to donate in charities and sponsors some events. I am happy with my money and also the idea of helping others.
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crwth
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May 07, 2020, 04:21:43 PM |
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Isn't this like the PCSO? They are the ones responsible for raising and providing funds for medical-related programs, medical assistance, and other types of services? I think it's a significant contribution to the country, but not the corrupt people in it, though. If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?
If that type of casino exists where there's a compulsory gambling donation, it wouldn't be a problem for me. I will still play if it's entertaining, though. I gamble because I want to be entertained and an additional plus if there's a donation to the best charity.
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cabalism13 (OP)
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May 07, 2020, 04:34:06 PM |
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Isn't this like the PCSO?...
I really don't have an idea whenit comes to existing casinos like what I have stated in the OP, also am not a fan of Lotto 😂... So I really don't have a clue on what kind of services they have.
I wonder what could be the impact of this to the market if most of the casinos where like that?
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Slow death
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May 07, 2020, 05:32:08 PM |
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I don't know if there are already some casinos existing with the folowing features:
-In every losing bet, 1% of it will be donated to their handpicked charity -For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.
I've never seen any casino have these things you said, besides I think there are laws on casinos that would limit those things you said, maybe I'm wrong about that because I'm not a lawyer and I don't know about the laws and rules of other countries but in my country I highly doubt that any casino would offer these things because of the law If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way? Of course I would keep playing, I would be happy to know that the casino would be helping other people
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Casdinyard
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May 07, 2020, 06:23:20 PM |
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Some big online casinos and sports betting may have their specific charity programs to help out. And most of them are probably trusted. It is not only about the trust, but also about how the gambling industry also wants to help out for charity. personally, it will be no matter for me how percent the amount for charity. As long as it will be really helpful, it will be pleased. And of course, we can believe in the online casino for the charity as long as they are trusted ones. However, most of them, once more, are trusted. So, it doesn't mean how much amount of donations. High impact derives from small things. Let's keep playing as long as it can help and also can make you earn more and more money.
Well mate, you cannot just rely on what they are saying what you should asking them is transparency of the donation so it will be trusted not by you. I don't have any thing against the charitable programs that we have right there, I am just very skeptical on how they are managing it after accumulating the amount because words of affirmation is not enough to validate the actions. So it will be more attracted for people if they are providing proof of actions made. And fyi charity is voluntarily, no one is forced to donate in any amount.
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TheGreatPython
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May 07, 2020, 06:42:13 PM |
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For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.
So, we are paying 5% to the charity from our wins and the casino pays 1% from their wins technically, how does this even make logic? Casinos are the better earners and I should say only earners between gamblers and casinos so they must take the initiative and make better contributions so I feel good with the idea only if the reverse happens, where the casinos pay 5% of their profits monthly and we as gamblers are happy to pay 1-2% of donation to the charity. In every losing bet, 1% of it will be donated to their handpicked charity
Sounds good to me but the charity must be wonder is there will be any casinos who will ever do this. At the same time, we cannot argue that casino will not do that forever.
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bitbollo
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May 07, 2020, 07:00:24 PM |
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I don't know if there are already some casinos existing with the folowing features:
-In every losing bet, 1% of it will be donated to their handpicked charity -For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.
If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?
which charity organization? I mean there are several organization and not all can be defined trusted due their policy or their history. otherwise some people want support a local organization (like red cross) and not a foreign organization . the idea is not bad but some time this 1% can hit the profit of "house" and it can be the risk to not be anymore profitable. plus if you cut off 5% of each winning you are cut also the possibility for player to have even a small reward. It can sound a nice idea but I don't think in the long term it can be sustainable. and we are not talking about "ethics" since for some cultures it's very arguable make money in this way...
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mersal
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May 07, 2020, 07:04:48 PM |
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Its not a bad idea to send/donate on every bets to the charity but with the name of charity people might get scammed by the gambling sites itself because we can't very whether they have donated the amount or not to the charity.
Freebitco announced donation for the covid relief from what they make with all the bets and decided to donate 20% on it but there will be no deduction on winning amount.
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hahay
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May 07, 2020, 07:11:38 PM |
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As long as it's just an option I think they will still gamble there. But when it's a fixed system that requires every gambler to make a donation, I'm not sure there will be many gamblers interested in gambling on the site. However, ideas like this are very good because on one side there is at least a gambling site which means all gamblers have a high concern to help.
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milewilda
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May 07, 2020, 09:14:48 PM |
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I don't know if there are already some casinos existing with the folowing features:
-In every losing bet, 1% of it will be donated to their handpicked charity -For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.
If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?
Didnt see this one for casinos that do have this kind of set-up on how they do collect up donations but i do see those gambling sites that do consider on making out donations came from their own pocket like Freebitco which this should be the thing has to be done rather than imposing those kind of deductions directly to their gamblers which isnt really appealing at all.Donation should be in kind not totally making it as a compulsory thing for the site because in result this will surely affect the number of players which are trying to avoid such deductions.
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cabalism13 (OP)
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May 07, 2020, 09:39:52 PM |
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As long as it's just an option I think they will still gamble there.
Well, yeah, it requires every gambler besides its on every brt that they make, though I already considered that most of them will not agree, for in any sense, they want their money in full and just come later with a decision about donation. We have known humans when it comes to charities and it is already an usual thing to see that they won't agree on some certain things such as this.
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harizen
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May 07, 2020, 10:27:30 PM |
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Honestly, not with that donation thing but gamblers will play on the site if it's meet their criteria e.g. the house edge, reputation, good customer support, accepted crypto deposits, fast withdrawals, and generally, the site features.
Sites don't have to do this mandatorily as in most cases, they have a separate budget for donation purposes. They can attract more players if they will not get some portion of the winner's profit.
In other words, the donation thing is the one that will encourage people to play for that site since while they gambling, they know they are helping but not via deducting 5% to winners profit. That's the typical system in casinos and physical gambling places, especially lottery.
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Saint-loup
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May 07, 2020, 10:29:33 PM |
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Its not a bad idea to send/donate on every bets to the charity but with the name of charity people might get scammed by the gambling sites itself because we can't very whether they have donated the amount or not to the charity.
Freebitco announced donation for the covid relief from what they make with all the bets and decided to donate 20% on it but there will be no deduction on winning amount.
With the blockchain the gambling platform can share a proof it has really donated the funds to the charity if the wallet of the charity organization is known.
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abel1337
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May 07, 2020, 11:09:46 PM |
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This is a good idea and a new way of getting a donation from players. But I think if this kind of feature is mandatory to all players, The player traffic would probably reduce. Let's be true that not everyone does want to donate or maybe they have some trust issues about donating. Making it as an option will probably be effective and can be a win-win situation for players/casino/charity and beneficiaries. If this kind of feature added into a crypto gambling site it should be optional I think.
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