arwin100
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May 07, 2020, 11:10:39 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. I don't find any bad for donating some funds to charities but to cut 5% for our winnings? well its big amount that will be taken out to our accounts and imagine if we lose on our bets for sure we will struggle to recover our losses since there's always 5% cut will be taken from us. Donation must not be compulsory on Gambling and the best implementation for that is to have a donation button so if Gamblers want to donate they just click the button and choose on which charity organisation he want to donate his money/winnings.
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jhonjhon
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May 07, 2020, 11:48:08 PM |
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Maybe they have that idea and charity programs but maybe they are not bold enough to show it publicly which I supposed it is a need to show it to avoid doubts.
5% of your winning is not big enough for a person who has a good heart and the intention is for helping. If we have that will, there is no problem and could actually boost trust. But before doing that, a player must have to be aware and must be clear in both parties to avoid unnecessary issues.
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chaser15
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May 07, 2020, 11:52:07 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?
Gambling owners know that if they will deduct winnings just because they will donate it charity, some gamblers might shift into others. It's not that these gamblers aren't supporting the casinos good deed but we all know that owners have a big revenue for operating casinos. It's always a practice that casinos donate to a charity that came from their revenue rather than deducts it from their winners. I will not play to these casinos unless they are known already in the gambling industry. If those sites are new, a big no. 5% of your winning is not big enough for a person who has a good heart and the intention is for helping.
Set aside that good deed. 5% of winning is a big deal if gamblers already gambling on that site for long and lose more. These losers are the ones who fund the site therefore without these losers, the site will not last long. The goal of these owners is to maintain their players so a deduction to winning might change the direction of the wind. Owners' revenue is increasing everyday while their players are losing everyday. The donation should not be mandatory and as I said, casinos itself are the ones that will donate and not their players.
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Hippocrypto
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May 07, 2020, 11:52:50 PM |
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Im still playing if they have casino casino exist like that but I think it is a better idea if the profit of the gambling casino for the whole month like 1 percent will be donated to the charity not the the money of the player because we know player who is gonna lose mostly but the gambling casino most of the time they are winner or the one whi gets always profit
We can't force or suggest anybody to be generous in giving such donations mate, and maybe it depends on how kind-hearted are we to make that certain actions. What we need for now is that we should enjoy the game and win bigger profit in the long run. Probably if we're too lucky to gain good wins, then that's the time to share what we have.
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MCobian
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May 08, 2020, 12:05:01 AM |
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I have never found casinos with such regulations, which apply handpicked charity to their users. But even if there was, me choose not to play in casinos that implement it. Because donations that are applied every time you win or lose are very heavy by the user, it is better to make the owners casinos donation. Which casinos owners definitely have a big profit, so though giving a donation is not a hard thing to do. If casino users have to make a donation, it can be done but not required. But voluntary, it's a wise decision in my opinion.
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Eugenar
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May 08, 2020, 12:08:20 AM |
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I really don't know if there are existing casino gambling with that kind of idea, giving 1% of your bet and 5% of the reward to the charity is a really good idea because that small amount of percentage of your money is just a simple thing but for those people who will receive it as a charity will be a great appreciation. Imagine, there are many people who are saying that gambling is not good at all because it makes you addicted and the worst things are that you may lose your life when gambling and if they will know that they are some gambling that gives charity for those people who needs it.
If there are gambling like that, I would choose it to play because that is more productive than other gambling because aside from earning money and evoking while playing, you also give help to others.
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Wexnident
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May 08, 2020, 01:46:00 AM |
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Why not? As long as you gamble to entertain yourself, playing while having the mindset of donations being made when winning is a pretty good one tbh. Unlike the mindset of playing while expecting more money to come to you, which inevitably just ends up to you being addicted to gambling. Like it gives you the mindset of one more, one more and I can win again, one more and I can hit the jackpot kind of thing. Tbh, those numbers are already pretty huge if you take into account the number of people gambling. Besides, this actually makes gambling a bit more helpful and could possibly give it a more positive image. You help while entertaining yourself, ain't that quite nice right?
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Janation
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May 08, 2020, 01:58:54 AM |
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I think that is a great idea.
But I think this should be done by the gamblers itself. The gambler will be setting up the percentage of the amount they wanted to donate and it should depend on the deposit they have. Gamblers might regret doing that in the long run since they might have a good amount in deposit and would just want to bet the amount they betted.
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maxreish
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May 08, 2020, 04:40:25 AM Last edit: May 08, 2020, 06:07:03 AM by maxreish |
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It is not bad at all to gamble with a good purpose. If it's donating let's say 2 to 5 % of your wins to a charity program then it's fine with me. However, as a donator of course I wanted to see some proofs that the gambling site who do that kind of platform will really giving those donations to the one's in need. I am open for that idea. Though I never saw some casinos doing that, maybe it will be better if the casino will not forcely get the 5 % pot. Afterall if it's donation, it should be giving out wholeheartedly without the reqt's of cashing out 5% because actually we can give more than that if we voluntary give.
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Lorence.xD
Sr. Member
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May 08, 2020, 05:05:08 AM |
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Five percent is just a quaint number but if you think about it in a large scale, that is a huge cut for player, and if I were to form an answer on the player side I would say that it is a disadvantage, but when it is on hte business side, it is a whole different story, the answer for that is an absolute yes, because these one percent that the business will impart as a charity can be used for tax deduction and will greatly benefit the business, plus the gambling business model is structured in a way that the house will win most of the time.
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lienfaye
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May 08, 2020, 05:22:59 AM |
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Well 5% is not a big portion actually and knowing that you help someone through that is an acceptable reason to not complain however its another story if we're talking about huge money.
For me its fine and should not be an issue because there's a valid reason, its our little way to help those in need. But it woul be best if we often win so we can give more.
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Zeke_23
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May 08, 2020, 05:52:53 AM |
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I think that is a great idea.
But I think this should be done by the gamblers itself. The gambler will be setting up the percentage of the amount they wanted to donate and it should depend on the deposit they have. Gamblers might regret doing that in the long run since they might have a good amount in deposit and would just want to bet the amount they betted.
Do you mean that the gamblers will personally save the said percentage and donate it personally to the charity they want? It is a good idea, but as you said, gamblers might regret this, because most of the time, gamblers tend to risk all their remaining money in gambling in exchange for having the chance to win.
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CryptopreneurBrainboss
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May 08, 2020, 05:56:01 AM |
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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?
Charity shouldn't be forced on people, it makes no sense and even God won't accept such acts as giving to those that are in need because you were been forced to give and it's not from your honest heart. Assuming the platform has an option to choose whether you intend participating in the charity rules then I won't mind using the platform but it becomes compulsory that every gambler must accept that condition as a result of it been imprinted in their terms and conditions, I won't patronage such casinos. PS: instead I'll go gamble somewhere else and hopefully after making enough profit, I'll decide on how many percentage I intend donating to not just some charity organization but the helpless fellow on the street where I reside.
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stadus
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May 08, 2020, 06:36:17 AM |
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PS: instead I'll go gamble somewhere else and hopefully after making enough profit, I'll decide on how many percentage I intend donating to not just some charity organization but the helpless fellow on the street where I reside.
That's a hard job to do, unless you are a winner in gambling,.. the reality is most of us are losing in gambling, and the casinos always wins so they are the ones who should be giving donation as they make a lot of money, whatever their system is the main intention of the gambler is just to win and if we are lucky that's the time we can think of donating our money, but like I said, it's a hard job to do.
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ralle14
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May 08, 2020, 06:41:24 AM |
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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. The 1% from the losing bet doesn't matter, you only need to know how much is the difference between the actual and casino's payout (for winning bets) to get the house edge. In this case OP specified 5% would be reduced in each win so you get 2.5% more or less it's 3% since casinos need to profit from it as well. For a more detailed explanation in calculating the house edge you can check this post from buwaytress.
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coinfinger
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May 08, 2020, 06:41:57 AM |
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That is a nice feature, I was in awe there's something like that already on a casino. This time I guess that feature should be implemented by most prominent gambling sites if they want to help those who are in need because of the pandemic. I think I'll still play even this do exists, 5% for every win isn't that of a burden if it help others.
I also like the idea and it doesn't bother anyone too much because when we win we are fine paying a small percentage of winnings to the charity but I believe rather than taking fees per win it would be a nice idea to charge the fees on the cumulative winnings for the casino or the gambler. I was actually considering paying all my rake-back earned from all casinos to a charity if possible, it is not big but I do wager a lot all day and ,monthly I can easily donate all the rake-back I collect without dropping a sweat. I believe big casinos need to come forward and take some strong steps and maybe sportsbooks too.
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Reatim
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May 08, 2020, 06:46:59 AM |
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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?
I think you got that idea on PAGCOR right? but I don't know how percent they distribute for charity but if someone follow the same what they did for sure I will play in that site since I know my money lose or won have proper destination which could save some lives or anything. But i think it's far to be happen since I think it needs legality before this plan will be done by any online gambling sites. Yeah i believe OP gets this from PAGCOR's charitable works now and really admire this advocacy because at least there assurance of part from gaming industries will be for those who badly needed now. Of i am not mistaken there is a thread here that has this kind of topic or in exchange i guess? But like you if this will be offered from the gambling sites that advertised here in forum?i will gladly play even with small amount .
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CryptopreneurBrainboss
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May 08, 2020, 06:48:21 AM |
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PS: instead I'll go gamble somewhere else and hopefully after making enough profit, I'll decide on how many percentage I intend donating to not just some charity organization but the helpless fellow on the street where I reside.
That's a hard job to do, unless you are a winner in gambling,.. the reality is most of us are losing in gambling, and the casinos always wins so they are the ones who should be giving donation as they make a lot of money, whatever their system is the main intention of the gambler is just to win and if we are lucky that's the time we can think of donating our money, but like I said, it's a hard job to do. That's what make it special, and good in the sight of the Lord. When you plan towards giving to those in need, the blessing of the Lord locates you and probably that day might just be one of your luckiest in regards to winning big. We shouldn't mandate people to give people because you feel they're the ones benefiting more from a system. Every individual should learn to give willingly even when you don't have enough for yourself. Learn to share the little you have. The casinos might donate thousands of dollars and to the eyes to men, they have done well but only God who reads the heart knows better. PS: most of those donation from the casino might just be an avenue to promote themselves as good and also to get more customers from the community they're exercising this charity in. Nevertheless, if the casino willingly does this then I got no issue with that, it's their choice but they shouldn't be mandated to do so. Lets not force giving and take the whole fun out of it by making it a business.
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kotajikikox
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May 08, 2020, 07:19:45 AM |
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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 this will be initiated in gambling sites?for sure there are so many gamblers here that wanted to help others by donating but the problem is they are prioritizing their betting money so the end they cannot donate as they lose already their money. 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?
I will surely play mate,at least trying my luck to win at the same time a chance to Help charities even in small percent from my gambling activities.
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Bitinity
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May 08, 2020, 07:34:08 AM |
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Depends on the casino, if the casino is well trusted then it wont be a big problem for me. With this case, we are donating while gambling which awesome although what we donate is just small amount of money. In this current situation, many people needs our donation so if we want to donate then we can just donate it directly without gambling it first. If we should relate it to gambling/casino, we can find casino that is offering this program so we can send some amount through our gambling account toba specific address then all collected funds will be allocated to the chosen charity.
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