You have to prove that you can take the loss

[FlightyPouch]

...most likely ordinary players who do not have problems with gambling addiction will suffer.

I agree, especially those people that can take those losses ten or even maybe a hundred times the set cap by this regulation. I don't think they will be willing to face an ombudsman just to prove that they can take a loss since that might affect their persona negatively knowing that they are gambling like that and in that huge amount.

This is a law that does not benefit anyone and at the same time it affects the majority of gamblers that have their gambling under their control but that now need to follow this dumb regulation, and if you really think about it you will realize that the law is completely pointless because those that are addicted to gambling and that are losing huge amounts of money in it will find another way to gamble or they will find another way to lose their money and at the end they will end up in the same situation as before.

Based on what you said, if this is widely regulated it would also affect the country's economy. Some countries are also getting a lot of taxes from these casinos and online casinos and I think if there will be a regulation like these in a lot of casinos or online casinos, I guess it would affect the taxes the government are getting since these people that you say might find a way to gamble and it would end up illegal..

[GDragon]

...most likely ordinary players who do not have problems with gambling addiction will suffer.

I agree, especially those people that can take those losses ten or even maybe a hundred times the set cap by this regulation. I don't think they will be willing to face an ombudsman just to prove that they can take a loss since that might affect their persona negatively knowing that they are gambling like that and in that huge amount.

This is a law that does not benefit anyone and at the same time it affects the majority of gamblers that have their gambling under their control but that now need to follow this dumb regulation, and if you really think about it you will realize that the law is completely pointless because those that are addicted to gambling and that are losing huge amounts of money in it will find another way to gamble or they will find another way to lose their money and at the end they will end up in the same situation as before.

Most of us have that same sentiments, it's not going to benefits those gamblers who know how to take their losses, the approval of this rules will really affects those gambling sites who are legally facilitated, while gamblers will choose to find other ways to hide their activities.

It wont help either way, as while helping gambling addicts you also removing gamblers from playing inside legit casino house.

This law has good intentions but it is still lack basis for the gamblers. I understand that they are trying to save those gamblers who are having financial problems but I think this is not the solution, they can try to provide professional help for those gamblers maybe, but they are trying to pass a law that has so many loopholes.

And the law can affect the casinos and other gamblers too. I may not have the right solution but I hope they can really find the best one for their good intentions, but I think this ain't it.

[Janation]

This law has good intentions but it is still lack basis for the gamblers. I understand that they are trying to save those gamblers who are having financial problems but I think this is not the solution, they can try to provide professional help for those gamblers maybe, but they are trying to pass a law that has so many loopholes.

And the law can affect the casinos and other gamblers too. I may not have the right solution but I hope they can really find the best one for their good intentions, but I think this ain't it.

Also, gamblers find their ways too.

The government are just concerned in their citizens that is why they are creating these regulations as you said but we can't just say that it is the government's fault of having these loopholes since people are also finding a way to walk around that regulations. Also, it doens't just fall to the government's hands, it also falls to these gamblers how would they behave and control their bettings.

[akram143]

This law has good intentions but it is still lack basis for the gamblers. I understand that they are trying to save those gamblers who are having financial problems but I think this is not the solution, they can try to provide professional help for those gamblers maybe, but they are trying to pass a law that has so many loopholes.

And the law can affect the casinos and other gamblers too. I may not have the right solution but I hope they can really find the best one for their good intentions, but I think this ain't it.

Also, gamblers find their ways too.

The government are just concerned in their citizens that is why they are creating these regulations as you said but we can't just say that it is the government's fault of having these loopholes since people are also finding a way to walk around that regulations. Also, it doens't just fall to the government's hands, it also falls to these gamblers how would they behave and control their bettings.

No one can save someone from addiction without their co operation,its better to create more rehab centre for addiction if they are concerned about the gambling addiction in their country and also have to create awareness about it but they are restricing the desires of a common man just because they can't afford much.

[KTChampions]

This law has good intentions but it is still lack basis for the gamblers. I understand that they are trying to save those gamblers who are having financial problems but I think this is not the solution, they can try to provide professional help for those gamblers maybe, but they are trying to pass a law that has so many loopholes.

And the law can affect the casinos and other gamblers too. I may not have the right solution but I hope they can really find the best one for their good intentions, but I think this ain't it.

I do not see any good intentions in considering an adult as incompetent. I think that this is a limitation in rights and quite serious - in fact, we have to prove/obtain permission to use our own money. I think this is a step towards totalitarianism. I am sure that if the government does not receive a rebuff with such initiatives, then it continues to invade all spheres of life and dictate conditions (often absurd), of course, "with the best of intentions."

[kayvie]

This law has good intentions but it is still lack basis for the gamblers. I understand that they are trying to save those gamblers who are having financial problems but I think this is not the solution, they can try to provide professional help for those gamblers maybe, but they are trying to pass a law that has so many loopholes.

And the law can affect the casinos and other gamblers too. I may not have the right solution but I hope they can really find the best one for their good intentions, but I think this ain't it.

I do not see any good intentions in considering an adult as incompetent. I think that this is a limitation in rights and quite serious - in fact, we have to prove/obtain permission to use our own money. I think this is a step towards totalitarianism. I am sure that if the government does not receive a rebuff with such initiatives, then it continues to invade all spheres of life and dictate conditions (often absurd), of course, "with the best of intentions."

This is something that we shouldn't be done. Our own hard-earned money is something that we should freely use. If this law will make require us to prove and obtain permission to use our money, then it seems that they don't have any good intentions. It will look like "our money, is their money."

[erikoy]

This is something that we shouldn't be done. Our own hard-earned money is something that we should freely use. If this law will make require us to prove and obtain permission to use our money, then it seems that they don't have any good intentions. It will look like "our money, is their money."

All it need is a seminar regarding to financial literacy. This is all it need to prove losses that could be recover. The mathematical calculation for this is very simple. If you are currently employed now with not that much salary but could have make some extra allowance then try this and see if you could have save some money for yourself.

The formula is that SALARY - SAVINGS = EXPENSES. This should how one can make savings with discipline in spending it can overcome losses over a period of time. Just set aside an extra money whe you like to bet in casino.

[Janation]

This law has good intentions but it is still lack basis for the gamblers. I understand that they are trying to save those gamblers who are having financial problems but I think this is not the solution, they can try to provide professional help for those gamblers maybe, but they are trying to pass a law that has so many loopholes.

And the law can affect the casinos and other gamblers too. I may not have the right solution but I hope they can really find the best one for their good intentions, but I think this ain't it.

I do not see any good intentions in considering an adult as incompetent. I think that this is a limitation in rights and quite serious - in fact, we have to prove/obtain permission to use our own money. I think this is a step towards totalitarianism. I am sure that if the government does not receive a rebuff with such initiatives, then it continues to invade all spheres of life and dictate conditions (often absurd), of course, "with the best of intentions."

This is something that we shouldn't be done. Our own hard-earned money is something that we should freely use. If this law will make require us to prove and obtain permission to use our money, then it seems that they don't have any good intentions. It will look like "our money, is their money."

I know right?

It is our money, why should we even ask them permission how we will use that? If we buy a lot of things in a grocery, they don't require us to ask them a permission, isn't it? Maybe that is because of how they can get taxes on that grocery while on the money we lost in gamlbing, they can't get anything. That is why it is better to use cryptocurrency.

[acroman08]

This law has good intentions but it is still lack basis for the gamblers. I understand that they are trying to save those gamblers who are having financial problems but I think this is not the solution, they can try to provide professional help for those gamblers maybe, but they are trying to pass a law that has so many loopholes.

And the law can affect the casinos and other gamblers too. I may not have the right solution but I hope they can really find the best one for their good intentions, but I think this ain't it.

I do not see any good intentions in considering an adult as incompetent. I think that this is a limitation in rights and quite serious - in fact, we have to prove/obtain permission to use our own money. I think this is a step towards totalitarianism. I am sure that if the government does not receive a rebuff with such initiatives, then it continues to invade all spheres of life and dictate conditions (often absurd), of course, "with the best of intentions."

This is something that we shouldn't be done. Our own hard-earned money is something that we should freely use. If this law will make require us to prove and obtain permission to use our money, then it seems that they don't have any good intentions. It will look like "our money, is their money."

I know right?

It is our money, why should we even ask them permission how we will use that? If we buy a lot of things in a grocery, they don't require us to ask them a permission, isn't it? Maybe that is because of how they can get taxes on that grocery while on the money we lost in gamlbing, they can't get anything. That is why it is better to use cryptocurrency.

I agree that it is our money and should be able to use it freely but if our gambling habit endangers ourselves or our family because of financial instability because of gambling then I would happily comply to the law. I know the law sounds restrictive but it is actually for our own good.

buying grocery and gambling is two different things and it has nothing to do with tax. I hope you realize that there are tons of people lose financial stability because of gambling and the cases is probably so bad that a government decided to act on it and put a law for it.

[Janation]

I know right?

It is our money, why should we even ask them permission how we will use that? If we buy a lot of things in a grocery, they don't require us to ask them a permission, isn't it? Maybe that is because of how they can get taxes on that grocery while on the money we lost in gamlbing, they can't get anything. That is why it is better to use cryptocurrency.

I agree that it is our money and should be able to use it freely but if our gambling habit endangers ourselves or our family because of financial instability because of gambling then I would happily comply to the law. I know the law sounds restrictive but it is actually for our own good.

I know that it is a problem.

To be honest I am not against the limit. They could put a limit to a gambler every month or even a week if they wanted to but for us to go to an office of an ombudsman to prove that we can take a loss, for me is just extreme. If that limits doesn't work, the government doesn't need to adjust, it should be the gamblers. It is not always the restrictions, it is also the people.

[Waffen]

It's little bit harder to predict what will happen. But at all you have to "accept" your losses no matter what. It's part of the life, everyone had loss, there is no person who is only doing profits or anything like that. We're taking notes from our losses, like they're teaching us to be better and better therefore to do not do the same wrong thing again as before.

[Amel]

Winning over and over again in gambling alone is not an easy task. Very good knowledge throughout you can't make money from gambling. A lot of the time it doesn't work knowingly, because the team you gamble with can lose at any time. But one thing that came to my mind very well is that if you lose in gambling and quit gambling, you will not get back the money you lost.  So you have to have the courage to win the gamble. You can play little by little if you want.

[livingfree]

It's little bit harder to predict what will happen. But at all you have to "accept" your losses no matter what. It's part of the life, everyone had loss, there is no person who is only doing profits or anything like that. We're taking notes from our losses, like they're teaching us to be better and better therefore to do not do the same wrong thing again as before.

We don't have other choices but to accept the losses.

A gambler that can't take his losses potentially can lose more than he can. And if it gets serious and the government recognizes that problem, they have all the means to give a cap for the gamblers as a law.

If, they saw a lot of people being affected.

[FlightyPouch]

This law has good intentions but it is still lack basis for the gamblers. I understand that they are trying to save those gamblers who are having financial problems but I think this is not the solution, they can try to provide professional help for those gamblers maybe, but they are trying to pass a law that has so many loopholes.

And the law can affect the casinos and other gamblers too. I may not have the right solution but I hope they can really find the best one for their good intentions, but I think this ain't it.

I do not see any good intentions in considering an adult as incompetent. I think that this is a limitation in rights and quite serious - in fact, we have to prove/obtain permission to use our own money. I think this is a step towards totalitarianism. I am sure that if the government does not receive a rebuff with such initiatives, then it continues to invade all spheres of life and dictate conditions (often absurd), of course, "with the best of intentions."

This is something that we shouldn't be done. Our own hard-earned money is something that we should freely use. If this law will make require us to prove and obtain permission to use our money, then it seems that they don't have any good intentions. It will look like "our money, is their money."

Well, you can't say that unless you can't even control your own money. That is the reason people should really be taught about financial literacy. The government will not be this strict if the people are actually reducing their money used in gambling. In other countries gambling addiction is a problem, if people can't do anything about it the government need to step up.

[maydna]

Winning over and over again in gambling alone is not an easy task. Very good knowledge throughout you can't make money from gambling. A lot of the time it doesn't work knowingly, because the team you gamble with can lose at any time. But one thing that came to my mind very well is that if you lose in gambling and quit gambling, you will not get back the money you lost.  So you have to have the courage to win the gamble. You can play little by little if you want.

Only a few people who can win over and over in gambling and that person will have much luck which can give him the chance to win. Having good knowledge will not help if you don't have luck because the luck will be the one factor besides the other things that will determine. If we lost in gambling, especially lost big money in gambling, we need to think twice to continue or to stop gambling. But the best solution will be to stop gambling for a while, so you can refresh your mind by taking a relax. If you can accept the loss after you stop for a while, you can know if your luck will not always stay beside you.

[Debonaire217]

Only a few people who can win over and over in gambling and that person will have much luck which can give him the chance to win. Having good knowledge will not help if you don't have luck because the luck will be the one factor besides the other things that will determine. If we lost in gambling, especially lost big money in gambling, we need to think twice to continue or to stop gambling. But the best solution will be to stop gambling for a while, so you can refresh your mind by taking a relax. If you can accept the loss after you stop for a while, you can know if your luck will not always stay beside you.

It's quite unrealistic to believe that there really are some person that is lucky. Because for me, everyone could be lucky at a time, it is just that, some people wins allot because they are atleast trying their luck often. But the percentage of those who won too much in just a small amount of game is too low. That means that if we cannot win a jackpot by playing small amount of games, we should try to play allot and lower our bet.

With regards to whether to continue or not when lost, there is a strategy which is called martingale, basically, doubling your bet after losing in order to get back your money fast.

[Naida_BR]

It's little bit harder to predict what will happen. But at all you have to "accept" your losses no matter what. It's part of the life, everyone had loss, there is no person who is only doing profits or anything like that. We're taking notes from our losses, like they're teaching us to be better and better therefore to do not do the same wrong thing again as before.

Well, you have decided that you are going to lose from the beginning.
Losses are those who made us better players or people.
If you don't lose you don't win so it is good to have experienced them in order to take your lessons and do not repeat your past activities.

[btc78]

It's little bit harder to predict what will happen. But at all you have to "accept" your losses no matter what. It's part of the life, everyone had loss, there is no person who is only doing profits or anything like that. We're taking notes from our losses, like they're teaching us to be better and better therefore to do not do the same wrong thing again as before.

Well, you have decided that you are going to lose from the beginning.
Losses are those who made us better players or people.
If you don't lose you don't win so it is good to have experienced them in order to take your lessons and do not repeat your past activities.

If you dont risk then you won't win in this gambling activities.

There are many gamblers that always seek for winning that's they all Got is losses,If you gamble
then you must expect defeat so with this there is a chance that you'll learn how to manage the losses and control your emotion that will
 lead you to maintain small losses than chasing wins all the time.

and th best thing is?Don't gamble if you don't have enough money to spend or risk.

[South Park]

Most of us have that same sentiments, it's not going to benefits those gamblers who know how to take their losses, the approval of this rules will really affects those gambling sites who are legally facilitated, while gamblers will choose to find other ways to hide their activities.

It wont help either way, as while helping gambling addicts you also removing gamblers from playing inside legit casino house.

It is as if those politicians cannot really see the forest for the trees, they are so obsessed with the idea of creating laws that they do not see that not only they are damaging the freedom of the people they are also damaging the government itself, the gambling industry is huge around the world and it generates a lot of taxes, these kind of regulations will force many people that are spending their money responsibly to no longer spending it in gambling reducing their tax income just in the moment in which they need it the most.

[FlightyPouch]

Losses are those who made us better players or people.
If you don't lose you don't win so it is good to have experienced them in order to take your lessons and do not repeat your past activities.

But there are a lot of people that would take that losses so differently. Just think of those people that are addicted to gambling, I know that most of them are not addicted because they are losing but still, they view their losses so differently. Some actually think that they can get those losses back not knowing they will lose more. Looking at this thread, we could say that not all of us will be able to look at losses like that.