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imstillthebest
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August 31, 2020, 05:43:48 AM
 #81

As with many other online activities – carries the risk of criminal activity. However, there are also other specific associated risks, such as payouts not being fair and open, access by children and use by vulnerable people.
this is the big disadvantage of online gambling compare to other online acts  . i know unfair payouts can happen on others but im more concerned on the young individuals because an online gambling site usually dont have age restriction while other online acts always requires a kyc before you can join which childrens cant join .

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Gambling can also be addictive, and you need to know when to stop.
of course it is  . anything fun and profitable can be addictive but again if young persons are involved they wont care or they dont know if they are already addicted or not but as long as they are happy of what they are doing .
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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August 31, 2020, 06:35:53 AM
 #82

theres more of them not just 5 and theres just few countries that i know that restrict online gambling and that includes u.s.a  , idk why they do that but if we look on the benefits of gambling being legal their governments can also benefit with it not just the gambling owner and the people that are going to gambling .

if they continue to restrict those countries , people are going to gamble on lillegal sites causing them more harm in the long run .

It is always about power and money. Politics at the end of the day,,, and the understanding that stems from gambling being seen as a social ill like alcohol. I agree it has some bad effects but countries need to understand that you can only manage vice with regulations, not prohibition. Humans are predictable and they go for what is forbidden every time.

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August 31, 2020, 07:16:29 AM
 #83

theres more of them not just 5 and theres just few countries that i know that restrict online gambling and that includes u.s.a  , idk why they do that but if we look on the benefits of gambling being legal their governments can also benefit with it not just the gambling owner and the people that are going to gambling .

if they continue to restrict those countries , people are going to gamble on lillegal sites causing them more harm in the long run .

It is always about power and money. Politics at the end of the day,,, and the understanding that stems from gambling being seen as a social ill like alcohol. I agree it has some bad effects but countries need to understand that you can only manage vice with regulations, not prohibition. Humans are predictable and they go for what is forbidden every time.

Indeed, unless it's against their religion to gamble.

Gambling is a big industry, it opens opportunity to improve the economy through taxes, but it's not a perfect business especially to those who are losing money against the casino, but we need to educate people that gambling sites have an edge and we will likely to lose, so treating it an entertainment is the best way to do.

Why liquor are not ban? because it's helping the economy and they just say drink moderately, the same thing could also be applied in gambling.

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erikoy
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August 31, 2020, 07:22:00 AM
 #84

Indeed, unless it's against their religion to gamble.

Gambling is a big industry, it opens opportunity to improve the economy through taxes, but it's not a perfect business especially to those who are losing money against the casino, but we need to educate people that gambling sites have an edge and we will likely to lose, so treating it an entertainment is the best way to do.

Why liquor are not ban? because it's helping the economy and they just say drink moderately, the same thing could also be applied in gambling.
Is there any way that gambling activity could be moderated? It seems like a good idea to moderate gambling as we all know that many are addicted to gamble and somehow destroys the life of a gambler.

Just like smoking here in our place. It has been somehow moderated by increasing its tax for the smokers. The impact of high tax is that the price of the ciggarete become expensive and some smokers minimize their buying capacity. The label itself discourage every smoker knowingly the effect of its health.

If gambling could be moderated hoe could it be done? Could it be possible to create a law like this?
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September 04, 2020, 02:41:30 PM
 #85

Indeed, unless it's against their religion to gamble.

Gambling is a big industry, it opens opportunity to improve the economy through taxes, but it's not a perfect business especially to those who are losing money against the casino, but we need to educate people that gambling sites have an edge and we will likely to lose, so treating it an entertainment is the best way to do.

Why liquor are not ban? because it's helping the economy and they just say drink moderately, the same thing could also be applied in gambling.
Is there any way that gambling activity could be moderated? It seems like a good idea to moderate gambling as we all know that many are addicted to gamble and somehow destroys the life of a gambler.

Just like smoking here in our place. It has been somehow moderated by increasing its tax for the smokers. The impact of high tax is that the price of the ciggarete become expensive and some smokers minimize their buying capacity. The label itself discourage every smoker knowingly the effect of its health.

If gambling could be moderated hoe could it be done? Could it be possible to create a law like this?

We can only control by ourselves, that's the way to have a moderation when it comes to gambling. The government will only act when there's a serious negative effect on gambling as they need to balance the risk and reward. Yes, they are still rewarded as they will get an income tax from gambling operation but if that would risk a lot of people to get addicted, I think it's not wise anymore to not act on it to address the problem.

Thus far, the only law I read in one of the threads in the forum IIRC is to limit gamblers at $100 per month.

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September 04, 2020, 06:51:40 PM
 #86

Indeed, unless it's against their religion to gamble.

Gambling is a big industry, it opens opportunity to improve the economy through taxes, but it's not a perfect business especially to those who are losing money against the casino, but we need to educate people that gambling sites have an edge and we will likely to lose, so treating it an entertainment is the best way to do.

Why liquor are not ban? because it's helping the economy and they just say drink moderately, the same thing could also be applied in gambling.
Is there any way that gambling activity could be moderated? It seems like a good idea to moderate gambling as we all know that many are addicted to gamble and somehow destroys the life of a gambler.

Just like smoking here in our place. It has been somehow moderated by increasing its tax for the smokers. The impact of high tax is that the price of the ciggarete become expensive and some smokers minimize their buying capacity. The label itself discourage every smoker knowingly the effect of its health.

If gambling could be moderated hoe could it be done? Could it be possible to create a law like this?

We can only control by ourselves, that's the way to have a moderation when it comes to gambling. The government will only act when there's a serious negative effect on gambling as they need to balance the risk and reward. Yes, they are still rewarded as they will get an income tax from gambling operation but if that would risk a lot of people to get addicted, I think it's not wise anymore to not act on it to address the problem.

Thus far, the only law I read in one of the threads in the forum IIRC is to limit gamblers at $100 per month.
Those limits are just too small imho even if you are a small time gambler and you will surely complain about this law.They can make limitations but this wont really be that small as mentioned.
When it comes to benefits then its no doubt since gambling business is one of the biggest contributor so most likely government would really consider it out on making it legal and i agree that
moderation doesnt only limit out to themselves but rather on the players or citizens itself.We are the ones who do make out spending and controlling our money into gambling activity is just
our responsibility not by other people.If you do let yourself fall into the pit of addiction or messed out yourself because of it then you just got overboard.

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