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Author Topic: You have to prove that you can take the loss  (Read 1632 times)
ethereumhunter
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August 13, 2020, 10:47:38 AM
 #121

Before we do gambling we must consider the fact that in gambling we cannot really win everytime, there are sometimes loss and we cannot deny it. I believe that if we do gambling we can gain a lot of profit if we have a good luck and if we dont have the luck we can lose our funds or even everything on it. So before we do gambling we also need to take the posible loss, i suggest to make a limit on gambling so that we can take the loss if we loss on it.
There is only two outcomes and it is whether you win or you will incur losses, most of the people who want to make deposit in many online casinos because they are aware ti the potential reward and only few of them understand the risks and it is the reason why majority of them are losing money. When there is money involved, our greed push us where we cannot control out thoughts anymore and we are creating decisions which is really not good. Proper risk management should be master first before a certain gambler invest huge amount of money in a certain online casinos.

Greed will come to people who win, and if they can not control themselves, they will not have a chance to save their money instead, they will use the money to play more. We already see that greed makes someone losing all of the money. Even if they want to recover the losses, it will not easy to get them back. But not all gamblers who lose a lot of money will tell others because they will keep that for themselves.

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August 13, 2020, 11:02:21 AM
 #122

Stupid law to be honest. I know people are saying that they are "protecting" their citizen, but in fact it looks like they are trying to control their citizen. Why would an adult person would need the confirmation of the government  to gamble? If a person doesn't have money or can't afford to gamble, though he still wants to, but then being stopped by the government might feel really shitty. Instead of taking proper steps to help the unemployed or people in need, they are taking absurd steps like this which shows how incompetent the government is.

I agree. For adult people in their right mind this law is a violation of their individual liberties. I think it can be applied to sick people, or the so called "addicted gamblers" (maybe it even should be applied to them), but sane adults should have the right to do whatever they want with their money. Even risking all of it at once should not be prohibited in a free society.

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August 13, 2020, 11:47:52 AM
 #123

Stupid law to be honest. I know people are saying that they are "protecting" their citizen, but in fact it looks like they are trying to control their citizen. Why would an adult person would need the confirmation of the government  to gamble? If a person doesn't have money or can't afford to gamble, though he still wants to, but then being stopped by the government might feel really shitty. Instead of taking proper steps to help the unemployed or people in need, they are taking absurd steps like this which shows how incompetent the government is.

I agree. For adult people in their right mind this law is a violation of their individual liberties. I think it can be applied to sick people, or the so called "addicted gamblers" (maybe it even should be applied to them), but sane adults should have the right to do whatever they want with their money. Even risking all of it at once should not be prohibited in a free society.

I might agree with such opinion but how would you determine and check addicted gamblers? Do they have some medicine documentation about that addiction? I don't think so, most of them doesn't even know they have a problem. Also, who could monitor such limited implemtation of law? I'm not saying this law is the ideal solution but exceptions would be really hard to determine and performe.

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August 13, 2020, 12:24:36 PM
 #124

I wonder how they will implement their limitations when there are tons of casinos around especially online casinos. If they will set limit in depositing, one can try other casino and so on and so on. It will only be possible if they will block websites which I doubt can happen at all. All we need to do is really be responsible in our losses and just accept it or be rehabilitated in a mean time.

That's why the implementation is set in a whole country whenever someone wants to play, they are need to have this question answered. They need to prove that whatever happened they won't gonna do shitty things like these people did: https://www.dailymail.co.uk/news/article-7902859/How-500-people-kill-year-getting-hooked-gambling.html
The rate is dramatically high, they need to have something prepared to counter this kind of thing. This should be discussed because to kill yourself just by losing in gambling is a kinda dumb way to die. Why not just move on? and start a new life in the other place?

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August 13, 2020, 10:15:41 PM
 #125

I wonder how they will implement their limitations when there are tons of casinos around especially online casinos. If they will set limit in depositing, one can try other casino and so on and so on. It will only be possible if they will block websites which I doubt can happen at all. All we need to do is really be responsible in our losses and just accept it or be rehabilitated in a mean time.

You are asking the right questions. That is why, seeing the ineffectiveness of their actions, the government, instead of stopping to make stupid decisions, requires more authority and more control. As a result, everything turns into a totalitarian state where a person must ask permission from an official for even the simplest action.

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August 14, 2020, 12:26:09 AM
 #126

Before we do gambling we must consider the fact that in gambling we cannot really win everytime, there are sometimes loss and we cannot deny it. I believe that if we do gambling we can gain a lot of profit if we have a good luck and if we dont have the luck we can lose our funds or even everything on it. So before we do gambling we also need to take the posible loss, i suggest to make a limit on gambling so that we can take the loss if we loss on it.
Management is one thing that could save in the likes of that problem. Putting not only limitation in betting but also to other aspects like time management. If one had a lot of time to gamble then pretty sure one will be able to get more losses. I agree with you that we cant really win in gambling everytime. I think time management itself will going to suffice in controlling the betting addiction. However in my opinion since OP stated about how to prove that losses is part of gambling then it is very simple to take the loss. Acceptance of everything that has happen and moving on to the next gambling time and then enjoy or have some fun excitement. This is the real essence of gambling.

There is only two outcomes and it is whether you win or you will incur losses, most of the people who want to make deposit in many online casinos because they are aware ti the potential reward and only few of them understand the risks and it is the reason why majority of them are losing money. When there is money involved, our greed push us where we cannot control out thoughts anymore and we are creating decisions which is really not good. Proper risk management should be master first before a certain gambler invest huge amount of money in a certain online casinos.
Lossing is part of gambling. But it would be a good practice to limit the betting amount in order for one to survive not taking too much of other resources that has been intended for other things like providing the basic needs. In order for one to make a good way to make betting is to make a list of how much money being use to gamble every time as well as the winning money and then see the difference whether you earn or not. And whatever the result with the calculations then you can decide on what to do next.
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August 14, 2020, 05:21:58 AM
 #127

I think the government with this regulation wants to control financial citizens, so it is reasonable to overcome gambling addicts.
Like the SEC and IRS government agencies trying to track crypto on the grounds of illegal activities.Even though all these things
are done by the government to control everything. I don't think the money-limiting rules for gambling will be runs well, considering
that people will still spend their money in other ways, if they are addicted. The best solution is to expand the rehabilitation center
for gambling addicts for free.
I wonder how they will implement their limitations when there are tons of casinos around especially online casinos. If they will set limit in depositing, one can try other casino and so on and so on. It will only be possible if they will block websites which I doubt can happen at all. All we need to do is really be responsible in our losses and just accept it or be rehabilitated in a mean time.

I think if the casino implements the limitations on the deposit, that will make their member moves to the other gambling website which don't use that limitation. The gamblers will say that they decide to use any money they have to gamble, and they will complain to the casino if they got that limitation. To use big money or not will be every gambler responsibility, and before a gambler playing gambling games, they should know how much money that they will use. And if somehow, they lose half of all of the capital, they need to stop and get out from the casino to save their money. The casino will only be a place for them to having fun, enjoy the gambling games, and spend the money, and the casino will not be responsible for losing money from the gambler.
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August 14, 2020, 06:21:51 AM
 #128

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.

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August 14, 2020, 06:43:01 AM
 #129

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.

I agree, the more experience you have with gambling the better you can handle your emotions. I have been gambling for a long time in physical casinos but only with a small bankroll, I got used to having bad beats where the luck just runs against you. It's always great to gamble in a biggger group so you see all kind of reactions.

In the end these kind of protections are mostly for the new gamblers, I think the chances of becoming hooked on gambling is especially high when you are new to all the games.
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August 14, 2020, 07:47:58 AM
 #130

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.

Newbies will have problems unless they are quite rich already and does not matter to them even if they lose out some money in gambling. For the old gamblers, ones who can have a good self-control those will be fine, but ones like who are sort of an addicted and hardly can stay away might still face some issue due to this notice.
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August 14, 2020, 07:53:00 AM
 #131

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.

Newbies will have problems unless they are quite rich already and does not matter to them even if they lose out some money in gambling. For the old gamblers, ones who can have a good self-control those will be fine, but ones like who are sort of an addicted and hardly can stay away might still face some issue due to this notice.


newbie or not as long you will never put all your money into gambling and know how to control your self when you are in loosing streak it doesn't matter  . Self control is needed before you start playing in any gambling casino  website learn not to be greedy when you are at lost or win .

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August 14, 2020, 11:35:11 AM
 #132

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.

Newbies will have problems unless they are quite rich already and does not matter to them even if they lose out some money in gambling. For the old gamblers, ones who can have a good self-control those will be fine, but ones like who are sort of an addicted and hardly can stay away might still face some issue due to this notice.


newbie or not as long you will never put all your money into gambling and know how to control your self when you are in loosing streak it doesn't matter  . Self control is needed before you start playing in any gambling casino  website learn not to be greedy when you are at lost or win .

Control is already enough, it will ease everything and you'll be able to limit your gambling expenditures.
It's a sad word right? because we are gambling to win, not to lose but the government knows that we will still lose regardless of how positive we are, so they are making a law to minimize our loses but this law is quite complicated which making your private financial matters public to them.

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August 14, 2020, 02:29:42 PM
 #133



But they are allocating a small amount that even a small gambler like me wouldn't be accepting. The cap that they are talking about is so small and we are talking about monthly here. I am glad that this is just for UK but still, it doesn't mean that we can't control or we can't allocate the money we are gambling despite the cap being low. We can control ourselves and we can afford those losses.

UK Do not have a liberal stance when it comes to gambling I don't think many countries will adopt this, gambling casinos are government cash cow because of the huge amount of tax they are paying if they do that they will limit the taxes they are going to receive to these casinos, they will let it and they will just issue warning but not to the point that they will ask for explanation.
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August 14, 2020, 06:56:46 PM
 #134

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.

Newbies will have problems unless they are quite rich already and does not matter to them even if they lose out some money in gambling. For the old gamblers, ones who can have a good self-control those will be fine, but ones like who are sort of an addicted and hardly can stay away might still face some issue due to this notice.


newbie or not as long you will never put all your money into gambling and know how to control your self when you are in loosing streak it doesn't matter  . Self control is needed before you start playing in any gambling casino  website learn not to be greedy when you are at lost or win .

Control is already enough, it will ease everything and you'll be able to limit your gambling expenditures.
It's a sad word right? because we are gambling to win, not to lose but the government knows that we will still lose regardless of how positive we are, so they are making a law to minimize our loses but this law is quite complicated which making your private financial matters public to them.

We dont know if its just really a cover up and trying to pretend that they do care for its citizens but they are actually just trying to know your financial capability?

Who knows the possibility but to know on what government do likes is that they do want to know everything so its likely that this is on high chances for possible reason.

100 euro for a month? even how small time gambler you are, you will surely spent up this money for a day or a couple.Setting up this kind of law is just
really too short or doesnt make any sense.

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Twentyonepaylots
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August 14, 2020, 08:03:19 PM
 #135

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.

Newbies will have problems unless they are quite rich already and does not matter to them even if they lose out some money in gambling. For the old gamblers, ones who can have a good self-control those will be fine, but ones like who are sort of an addicted and hardly can stay away might still face some issue due to this notice.
Newbie or not as long as you know how to manage your money and discipline yourself you will not lose that hard in gambling, in most cases newbies win on their first try. I always advice to minimize the losses and prevent being addict and greedy is learning when to put a bet, analyzing first the game, studying the past results will give you a better position in present. Addiction is the biggest enemy here, coz once you lost you always want it back as soon as possible and tends to become addict rather than wanting to regain the losses which has a negative effects not only in financial but in some aspect of mental being.
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August 14, 2020, 09:04:37 PM
 #136

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.
If faking an emotion is essential and will good for the gambler, he has to do it so that he can't take further losses.

But most experienced gamblers have that ability because they know how to take the situation correctly and lightly. As with the newbies, they can't take losses and it's hard for them to accept their losses which triggers them to get into more losses.

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August 14, 2020, 11:32:24 PM
 #137

Most old-time gamblers are good at controlling and faking their emotion I don't think it will be an issue at all it's the newbies that will have a hard time proving if they can take a loss, because while you are learning how to gamble you'll also become good at concealing your real emotion
so it will be no problem for old gamblers.

I agree, the more experience you have with gambling the better you can handle your emotions. I have been gambling for a long time in physical casinos but only with a small bankroll, I got used to having bad beats where the luck just runs against you. It's always great to gamble in a biggger group so you see all kind of reactions.

In the end these kind of protections are mostly for the new gamblers, I think the chances of becoming hooked on gambling is especially high when you are new to all the games.
It's true because sometimes you do not worry about that money that you lost, if you lost it's fine because it's just a game at the end of the day. You don't need to get anger on a gambling game, it'll just stress you out and will just ruin your mindset on playing the game.

The first game of gambling is just like sipping the first alcohol of emotions, you'll not know to do but once you can handle things and overridden, it means that you have a lot of experience on gambling.

I've read a lot about the relationship between gambling and emotion, try to read more here: https://www.gamblingsites.com/blog/weird-relationship-between-gambling-emotion/
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August 14, 2020, 11:47:37 PM
 #138

...Addiction is the biggest enemy here...

No, it is not addiction, it is ourselves. Humans are natural sinners and greed is just a part of us. The biggest enemy here is ourselves, how we will be able to stop those losses, how to stop betting when we don't need to bet anymore, to decide correctly. If we will be able to control ourselves we don't need this cap to stop us from gambling, we can do that ourselves.

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August 15, 2020, 05:50:46 AM
 #139

...Addiction is the biggest enemy here...

No, it is not addiction, it is ourselves. Humans are natural sinners and greed is just a part of us. The biggest enemy here is ourselves, how we will be able to stop those losses, how to stop betting when we don't need to bet anymore, to decide correctly. If we will be able to control ourselves we don't need this cap to stop us from gambling, we can do that ourselves.
With simple awareness, you can know if you are in right mindset where if you are thinking right and good. Greed is part of human nature but we can control it if we have discipline. Actually self discipline is one of the hardest human achievement because it requires commitment after all. A gambler should know when to start and when to stop or to backout. Discipline can also include the money that you are only wanting to risk and spend in order to avoid to lose more money.
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August 15, 2020, 07:52:01 AM
 #140

Stupid law to be honest. I know people are saying that they are "protecting" their citizen, but in fact it looks like they are trying to control their citizen. Why would an adult person would need the confirmation of the government  to gamble? If a person doesn't have money or can't afford to gamble, though he still wants to, but then being stopped by the government might feel really shitty. Instead of taking proper steps to help the unemployed or people in need, they are taking absurd steps like this which shows how incompetent the government is.

I agree. For adult people in their right mind this law is a violation of their individual liberties. I think it can be applied to sick people, or the so called "addicted gamblers" (maybe it even should be applied to them), but sane adults should have the right to do whatever they want with their money. Even risking all of it at once should not be prohibited in a free society.

I might agree with such opinion but how would you determine and check addicted gamblers? Do they have some medicine documentation about that addiction? I don't think so, most of them doesn't even know they have a problem. Also, who could monitor such limited implemtation of law? I'm not saying this law is the ideal solution but exceptions would be really hard to determine and performe.

In the vast majority of cases, gambling addiction isn't something that arises out of thin air. Current, or potential, gambling addicts often suffer from other mental illnesses, such as obsessive compulsive disorder (OCD), post-traumatic stress disorder(PTSD), bipolar disorder, and depression. Most of them do have some medical records, and at least for those people gambling should be prohibited until they recover. And it's not like - these people can gamble, and those can not. All of us suffer from depression or some kind of a stress once in a while. And we shouldn't gamble during those times.

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