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Author Topic: Should there be any age limit of Gambling?  (Read 1315 times)
minersday
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July 30, 2020, 02:20:58 AM
 #101

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Should there be any age limit of Gambling?

Gambling is not for any age. Gambling belongs to the age group who understands what  gambling is and the principles of gambling.  There is a age limit for gambling all across the world. In my country, you need to be 18 years or older before you can partake in gambling activities. Gambling has responsibilities and these responsibilities can't be perform by ages below 18 years.  Age limit for gambling is really needed for the safety of the entire globe.
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July 30, 2020, 03:36:43 AM
 #102

There is a regulation about age restriction in gambling. Most of places only accept players that are over 18. Some are more strict which requires players to be more than 21. And in my opinion, it is good to make a rule about this in order to avoid younger people to become a gambler. They have many things to learn before understanding the full concept of the world outside, including gambling. Education is the most important thing to have during this age

However, currently, people have a chance to interact with crypto gambling without any limitation. No law, no regulation can stop people from involving in such gambling, even when they are under 18. KYC is not necessary and registering an account only takes less than 2 minutes. We have to accept the truth that if we continue to develop the decentralized system, there will be many challenges that contradict our ethics. I hope that one day, we will have capabilities to enhance our technologies so that new innovations can prevent young people from joining crypto gambling without interrupting the anonymity lie behind

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July 30, 2020, 09:52:20 AM
 #103

18 above, you are eligible to gamble, just like getting a driver's license, in some countries at 16 you can already get a license, so probably 18 years old is already matured enough to take understand the risk and enjoy gambling. However, I think it's impossible to strictly impose in crypto casinos as anyone can gamble here even without KYC, maybe in fiat casinos it will work, but here it will not.

Well, I do not think it's even a good idea to let above 18 to gamble. It's like encouraging people to take dangerous risk in betting centers/games.
Or it's like telling drivers/people:  "you are eligible to take big risk while driving." OR "you are eligible to get drunk" OR "you are eligible to eat whatever you want".        Taking big risk (esp for selfish reasons) shouldn't be taken lightly.

Your customers should be constantly told to bet little or what they can afford to lose. And not to spend too much time betting or playing games that do not consistently add good values to their lives and the lives of others.
Bet, but don't gamble.


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July 30, 2020, 10:10:36 AM
 #104

Minimum limit, a gambler below 18 I guess should not be allowed to gamble, that's the standard rule in gambling and when that is correctly implemented, we might help to listen the gambling addiction as minors or children below 18 are prone to gambling addiction. With this, since we are in crypto, it's hard to implement this but since minors are still under the supervision of the parents, they should do the monitoring.

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July 30, 2020, 11:30:17 AM
 #105

Minimum limit, a gambler below 18 I guess should not be allowed to gamble, that's the standard rule in gambling and when that is correctly implemented, we might help to listen the gambling addiction as minors or children below 18 are prone to gambling addiction. With this, since we are in crypto, it's hard to implement this but since minors are still under the supervision of the parents, they should do the monitoring.
The general age restriction is at least 18 years old but in my country 21 years old and above are the age requirement when it comes to entering traditional casinos and other gambling area. Actually for those who have baby face or the people below 30 years old required to have an I.D that can be a proof that he/she is above 21 years old. For me it is just right because 21 years old and below are the people who are still in the maturity phase where they are not yet liable to their further actions.

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July 30, 2020, 11:31:38 AM
Merited by Yatsan (2), Rodeo02 (1)
 #106

Even with age restrictions, online gambling had provided minors an opportunity to gamble without restrictions since most gambling platforms don't require KYC or no other means to verify the age of their users.

Parents are the ones responsible for teaching minors the risk of gambling, it's effect long-term, and what gambling addiction and how to be responsible.  On the other hand, even with parental guidance, kids will find ways to gamble, so let them be and learn the truth and risk of gambling in their own way. It's up to them how they will handle their curiosity about gambling.
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July 30, 2020, 11:32:07 AM
Merited by Shasha80 (1)
 #107

18 years should be the minimum age limit for gambling any age below that should sanctioned or discouraged gambling when addictive can be harmful and dangerous thus we should discourage kids from gambling these are events that can make or mar the success of any kids in terms of their educational, social and psychological upbringing in fact it would divert their attention, an 18 years old must have attained a reasonable level of education and can take responsibility of any action.

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July 30, 2020, 12:14:09 PM
 #108

Well it does, as we know it's high risk and high reward in gambling. You lose more than you win, so kids in my opinion should stay away from it until they know how to manage their money financially. Gambling is not wrong but with excessive betting, it could destroy someone's life.

I do agree that kids should not bother theirselves with gambling and they should really start to be taught how to manage their money.

There are some younger kids here now starting to invest their money, they still are young and their parents are the ones actually making the decisions where to invest it or not. It is not bitcoin but in stocks, some of them even are being enrolled in online classes for investing. That will teach them how important money is and might teach them how to distance theirselves in gambling.
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July 30, 2020, 12:32:04 PM
 #109

It varies from country to country there are countries where children as young as five years old can gamble already but in my case the preferable year to gamble is 21, by then you already knows about life how to make a living and you will become a responsible gambler, if you are going to gamble earlier you might loss your head because of lack of guidance and experience.

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July 30, 2020, 01:36:39 PM
 #110

It varies from country to country there are countries where children as young as five years old can gamble already but in my case the preferable year to gamble is 21,
I think I read that read before in gambling discussion board, I was really surprised that it's legal in some countries, kids can gamble, what a kind of freedom they have.

by then you already knows about life how to make a living and you will become a responsible gambler, if you are going to gamble earlier you might loss your head because of lack of guidance and experience.
Not only that, when you are still a kid, you don't make a matured decision making, and in gambling, it's your mind that should be followed all the time, not your emotion as if you got carried away, that might become your weakness and it's a good recipe for disaster in gambling.

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July 30, 2020, 02:13:16 PM
 #111

Even 18 is not enough to be considered as a mature in my opinion but most of the countries allows people over 18 to gamble and it changes depends upon the country where you are living.I had seen 5 year as legal age to gamble on a country not remember the name of it but read somewhere on bitcointalk.But definitely we should have an age limit to restrict the kids ruining their parents bank balance knowingly or unknowingly.
Age limit should be very important when it comes to gambling. The point in here mostly gambling site do not require a kyc to join their site and play. As to how an online casino can verify if the player is below 18? It just came to my mind though, but the parents of a minor should supervise their kids to stay away from gambling. Therefore, the age limit is incredibly essential in the gambling industry.
Most of the gambling sites have terms in their condition which mention about age limit as well and every user have to self declare that they are over 18 to access the site which same goes to adult websites as well.And its not their job to monitor the people's age limit, if they found a minor playing then they will simply block their accounts.
And how can they possibly do that? Most gambling sites do not perform kyc verification nor investigation regarding the age of their users. Even if they have terms and conditions, this can be easily ignored. And, if ever that they have found a minor, which I don't think that will gonna happen (unless they have kyc), user can easily create a new account to play again.
If you read it properly then you know how it works, its kind of self declaration from the user so site is not going to responsible if they are giving fake information.Even if there is a KYC need then it is also easy to bypass, kids can use their parents ID to register on gambling site and can continue to play so internet usage is having good and bad so only users have to know their limits.
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July 30, 2020, 02:39:57 PM
 #112

Not only that, when you are still a kid, you don't make a matured decision making, and in gambling, it's your mind that should be followed all the time, not your emotion as if you got carried away, that might become your weakness and it's a good recipe for disaster in gambling.

In some point in my life, I see some people who had been addicted to gambling even though they're not the one who is earning money for them. in short, the money they used for playing is the same money their parent gave them to buy their needs in school. My friend got addicted in a very unpleasant manner where he used his tuition fees to play for gambling when he was in high school. some friends also lose their money to gambling that supposed to be paid for some P.E shirts. I don't really want this kind of experience to happen to some kids out there. they need to use their money for the things they really need, not to play just to lose it all.

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July 30, 2020, 02:46:31 PM
 #113

What age does categorize a person to be mature enough to Gamble ?

-18?
-21?

Does the age even hold a meaning? Should it be regulated ? Since Crypto gambling sites have to be super private and therefore regulating the age is a big factor.

Should steps be taken to take care that we don't being up a generation of addictive gamblers or it's all good ?

[Something fun I want to share: My Private Tutor who was supposed to teach me and 10 other kids , used to have a small illegal business of Gambling on Sports and every Match was betting time , parents apparently did not know anything about it 😂] <Is the ban even necessary, people will still do what they want to do>

The age of majority in some countries begins with 18 years, and there are countries where full age is considered to be 21 years. I think that 18 years or 21 is not very important. The main thing is how casinos control that their visitors are adults. In an online casino where the passport is not checked, minors can register and play. And I think this is really a problem.

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July 30, 2020, 03:23:24 PM
 #114

18+ must be the legal age for gambling. But as for this website, the ideal age would be 21. Having that said, in some countries, 18 is a fine age but for most countries, it must be 21.
But the casinos can't monitor those gamblers that will register to each of their platforms, there's no KYC so it's hard for them to validate the ages of their gamblers unless they start asking for KYC.
^ That article you have shared was right, age above 21 are quite enough to balance the situation if it will become a gambler. At that age was already know what is right or wrong. But beyond than that just like 16 years old below is definitely will ruin their future if they will enter gambling and probably cannot manage it very well. However, on that age , they should focus on their study and top of their priority are about learning stuff where they will able to educate themselves.
I agree for those teenagers aged 16 years old and below, they shouldn't be introduced to gambling or if they have been gambling then they must be monitored.
If time comes and they grow older and they lack of managing themselves to control, they'll really ruin their lives and there's no need to blame but only themselves if it happens.

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July 30, 2020, 04:22:04 PM
 #115

Not only that, when you are still a kid, you don't make a matured decision making, and in gambling, it's your mind that should be followed all the time, not your emotion as if you got carried away, that might become your weakness and it's a good recipe for disaster in gambling.

In some point in my life, I see some people who had been addicted to gambling even though they're not the one who is earning money for them. in short, the money they used for playing is the same money their parent gave them to buy their needs in school. My friend got addicted in a very unpleasant manner where he used his tuition fees to play for gambling when he was in high school. some friends also lose their money to gambling that supposed to be paid for some P.E shirts. I don't really want this kind of experience to happen to some kids out there. they need to use their money for the things they really need, not to play just to lose it all.
Since children did not know yet how hard it is to earned money that they tend to use it to do gambling and turn into addiction. When I was in high school many played gambling a mere of betting, that time online gambling isn't popular yet or if those who have computer do a betting in their games, it's typical for teenagers below 18 in my country since only the teachers and the parents can remind them as there's no way to detect that time who play gambling under age 18 so parents will not be able to know unless caught in the act doing gambling.

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July 30, 2020, 04:55:22 PM
 #116

- Should there be any age limit of Gambling?/OP
That prevents someone of teenage age from entering a website and gambling!
No. The message on the screen you are of legal age +18. It is defeated with a simple click.

The age limit is somewhat formal for companies that are dedicated to creating this business model. They see data, they don't see faces.

The supervision of what minors do should be on your own, not because a site puts a window that says you are over 18 years old, it will remove those who, due to a minimum age, should not access these sites. It is your (our) responsibility.

As for age, it is something that is generally defined in many countries in 18-21 years.

But if I had to legislate an age I would say 23 years old man and 18 years old women. There is a scientific study that determined that men make better decisions after 23 years, they are even more responsible.

Insurers "some" do these studies to deliver premium offers to insure vehicles, someone with less than 23 years could pay a higher premium than someone 23 or older. By this I simply want to tell you that I am not aware of any study made by any betting company that says that 18 or 21 years is an appropriate age, except that they are well received by them, because it is a matter of government law.



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July 30, 2020, 05:05:04 PM
 #117


Insurers "some" do these studies to deliver premium offers to insure vehicles, someone with less than 23 years could pay a higher premium than someone 23 or older. By this I simply want to tell you that I am not aware of any study made by any betting company that says that 18 or 21 years is an appropriate age, except that they are well received by them, because it is a matter of government law.

If a casino have lower age to gamble then they are going to have more players which means more profits for them but for a physical casino the age is strictly monitored whereas while playing online then it should be their own responsibility as you said and its not possible for the online gambling sites to monitor the age.Implementing KYC might helps a bit but they are going to lose more players for security concerns so all the responseblity goes to the minors if they choose to gamble by defeating the legal age restrictions.









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July 30, 2020, 05:31:40 PM
 #118

Since we were kids we used to make bets , as for me even a small Race or a big project meant a bet between friends, then as I grew up, I realized that it's more of a Sports .

At the same time unfortunately the country I belong to does have a strong ban on Gambling , STILL , I see old Grandpas , Dad's , uncle's playing Poker outside with an amazing set-up.

Crypto Gambling is a whole new level , there are so many games , it have revolutionised the gambling industry in a whole different way , This provides Privacy and Variation that is much needed.

It's much safer and at the same time I do think there are amazing offers out there even for first time customers and the referrals , this is the new era.

There is one important question we have to ask:

What age does categorize a person to be mature enough to Gamble ?

-18?
-21?

Does the age even hold a meaning? Should it be regulated ? Since Crypto gambling sites have to be super private and therefore regulating the age is a big factor.

Should steps be taken to take care that we don't being up a generation of addictive gamblers or it's all good ?

[Something fun I want to share: My Private Tutor who was supposed to teach me and 10 other kids , used to have a small illegal business of Gambling on Sports and every Match was betting time , parents apparently did not know anything about it 😂] <Is the ban even necessary, people will still do what they want to do>
It is true that those that are predisposed to gambling will find their way to it before they reach legal age we must understand that your brain is not fully formed until your adolescence ends, this is why they seem so reckless on their behaviour and we need to protect them until they are mature enough to take their own decisions, a minimum age to gamble is not perfect but it is the best defence we have to protect the young from ruining their future before they even have a chance to begin to forge it.

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July 30, 2020, 06:20:08 PM
 #119


Insurers "some" do these studies to deliver premium offers to insure vehicles, someone with less than 23 years could pay a higher premium than someone 23 or older. By this I simply want to tell you that I am not aware of any study made by any betting company that says that 18 or 21 years is an appropriate age, except that they are well received by them, because it is a matter of government law.

If a casino have lower age to gamble then they are going to have more players which means more profits for them but for a physical casino the age is strictly monitored whereas while playing online then it should be their own responsibility as you said and its not possible for the online gambling sites to monitor the age.Implementing KYC might helps a bit but they are going to lose more players for security concerns so all the responseblity goes to the minors if they choose to gamble by defeating the legal age restrictions.

When we do talk about online casinos specially on cryptocurrency ones then KYC wont really be on the line and there are already lots of scenarios that some minors had busted out on playing to these places.
Its understandable because of the easy access via online without any further verification in towards on someones age.When we do mention about fiat then some do make use of their parents cards for them to play
on which there are also instances like these.The only thing or place can restrict minors are to those physical ones but overall parents should really guide well and watch out their sons on what theyve
been doing.

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July 30, 2020, 10:13:27 PM
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 #120

But if I had to legislate an age I would say 23 years old man and 18 years old women. There is a scientific study that determined that men make better decisions after 23 years, they are even more responsible

I can't say that I disagree with these ages

But it still looks ironic that you can't drink legally in the States until you are 21 years old. However, you are eligible to join the US military when you are only 17 years old. Where's the irony here, you may ask? The irony is that you can technically start killing people when you are just 17 but you can't consume until you turn 21

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