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Author Topic: Crypto gambling sites should be careful of bringing eSports in  (Read 5075 times)
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September 04, 2020, 09:59:42 AM
 #21

Crypto gambling sites are notorious for allowing players in without any ID verification.

but when the person earns a lot of money they immediately block the person's account and ask for KYC, I think that anyone who uses gambling sites that accept cryptocurrencies that person should not think that he will be safe that he will not to do KYC, at least otherwise you should always think that eventually you will be asked to do KYC. That is why I think that if a minor enters a gambling website where his TOS does not allow anyone under the age of 18 to use the gambling website then that minor should know that all his effort and profit belongs to the gambling site

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September 04, 2020, 10:18:24 AM
 #22

In the end, cryptocurrency in esports is way better then skin gambling and scummy websites and kids throwing money on something like skins.
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September 04, 2020, 10:20:33 AM
 #23

It is the parent's responsibility to watch over what their kids are doing especially in the internet. There is nothing cryptocurrency or gambling platforms can do to control and to monitor whoever plays on their platform since most platforms don't have KYC, or even if there is, it is easy to ask for other people's document for you to pass the KYC.
Much as I thought, parents are the true controllers of their hobbies and not those gambling platforms. Eaports will definitely surface and take over some good portions on the internet, the responsibility of parents are to ensure strict regulations among childrens while on the internet.

Good God: children are smarter than most parents these days and their possibility of controlling the children's won't be feasible. KYC can be override by these kids with the help of parents documents: e shock u?, few months ago a young and smart boy sold his father land and traveled to Russia. In conclusion, KYC won't be a hindrance to smart children.

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September 04, 2020, 10:38:24 AM
 #24

I think crypto gambling sites without bringing esports in are widely known and accessed by underage kids.
So it is not only crypto gambling sites that must be careful, but parents are also more careful in watching
their kids. This problem will not find a solution as long as there is no regulation from the government, and
the internet is indeed difficult to control.
 

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September 04, 2020, 11:23:56 AM
 #25

to be honest there are no stopping kids from going online and gambling unless the parents either ask their internet provider to block any adult website, gambling sites etc.. or the gambling site requires KYC upon registering from their website. but speaking from experience as a person who exposed to gambling at a very early age it never occurred to me to gamble money because of the game I play. I was more interested in actually playing the game than placing a bet of who would win from the game I play. the loot boxes became a problem because it was in the game while gambling sites are outside of the game.

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September 04, 2020, 12:58:59 PM
 #26

I think crypto gambling sites without bringing esports in are widely known and accessed by underage kids.
So it is not only crypto gambling sites that must be careful, but parents are also more careful in watching
their kids. This problem will not find a solution as long as there is no regulation from the government, and
the internet is indeed difficult to control.
 
Parental Guidance can only be the solution, it's hard to limit crypto gambling sites as they are operating in many countries and even with countries that have restrictions thru Internet it can still be access using some softwares.
Esports is indeed popular now that many gambling site may accept it and may be access by kids anywhere. In my country the solution can be limiting the money to give in kids to avoid them betting or using it in gambling, now where in Pandemic  and homeschooling parents were able to see what their children's are doing often.

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September 04, 2020, 01:27:03 PM
 #27

I think crypto gambling sites without bringing esports in are widely known and accessed by underage kids.
So it is not only crypto gambling sites that must be careful, but parents are also more careful in watching
their kids. This problem will not find a solution as long as there is no regulation from the government, and
the internet is indeed difficult to control.
 
Parental Guidance can only be the solution, it's hard to limit crypto gambling sites as they are operating in many countries and even with countries that have restrictions thru Internet it can still be access using some softwares.
Esports is indeed popular now that many gambling site may accept it and may be access by kids anywhere. In my country the solution can be limiting the money to give in kids to avoid them betting or using it in gambling, now where in Pandemic  and homeschooling parents were able to see what their children's are doing often.

The parental guidance is the real the solution too imho, and I think parents should focus on how they can really help their kids be a responsible one. I don't think not allowing them to play can help, it will just make them sneak from you just to play. You will just push them to keep a secret from you and it will be much harder to help them be a better person.

I think letting them play while making them understand the risk and the responsibility they have as gamers can do, they will bring it in any aspect of life too. Let them understand the idea of gambling not to teach them but the help them avoid it. They can play as long they know the limit of what they should do or what they should avoid. Kids can understand these things, as long as you explain it to them in a good way. I know it cause as a kid, I did keep a secret just because they are not allowing me to do a certain thing instead of explaining why I shouldn't do it or why should I limit it. It creates a gap between parents and their children.

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September 04, 2020, 01:39:21 PM
 #28

I think crypto gambling sites without bringing esports in are widely known and accessed by underage kids.
So it is not only crypto gambling sites that must be careful, but parents are also more careful in watching
their kids. This problem will not find a solution as long as there is no regulation from the government, and
the internet is indeed difficult to control.
 
Parental Guidance can only be the solution, it's hard to limit crypto gambling sites as they are operating in many countries and even with countries that have restrictions thru Internet it can still be access using some softwares.
Esports is indeed popular now that many gambling site may accept it and may be access by kids anywhere. In my country the solution can be limiting the money to give in kids to avoid them betting or using it in gambling, now where in Pandemic  and homeschooling parents were able to see what their children's are doing often.

The parental guidance is the real the solution too imho, and I think parents should focus on how they can really help their kids be a responsible one. I don't think not allowing them to play can help, it will just make them sneak from you just to play. You will just push them to keep a secret from you and it will be much harder to help them be a better person.

I think letting them play while making them understand the risk and the responsibility they have as gamers can do, they will bring it in any aspect of life too. Let them understand the idea of gambling not to teach them but the help them avoid it. They can play as long they know the limit of what they should do or what they should avoid. Kids can understand these things, as long as you explain it to them in a good way. I know it cause as a kid, I did keep a secret just because they are not allowing me to do a certain thing instead of explaining why I shouldn't do it or why should I limit it. It creates a gap between parents and their children.

I really appreciate what you said here. It is a indeed a good example how to nurture children.
In this trend, children are the most vulnerable and intensive parental guidance is a must.
If we follow them and guide them through whatever they do, it is easier for them to understand your points as a parent.

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September 04, 2020, 01:58:03 PM
 #29

KYC is one of the best solution, but that also takes away the meaning of anonymity that most user enjoy. Well, i don't see any problem with underage kids betting in esports tournament because Cryptocurrency is partially anonymous then regulators wouldn't actually know who's, who. The only problem is children under that age shouldn't be addicted to it. But what about the law that prohibits teenager to visit porn sites? Isn't that much more urgent as well? Why not just censor those kinds of sites just like in China?

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September 04, 2020, 02:11:33 PM
 #30

I think this is not just about the crypto gambling site, I mean even if they don't allow minors to gamble in their site if the person really wants it, he will do anything to enter or to gamble even if he's a minor. We can't blame the gambling site for having e-sports because they don't specifically offer that for minors so they don't have to adjust or what, it's always the guardian who should be responsible when their child gets into gambling at a young age.
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September 04, 2020, 02:13:26 PM
 #31

I think this is not just about the crypto gambling site, I mean even if they don't allow minors to gamble in their site if the person really wants it, he will do anything to enter or to gamble even if he's a minor. We can't blame the gambling site for having e-sports because they don't specifically offer that for minors so they don't have to adjust or what, it's always the guardian who should be responsible when their child gets into gambling at a young age.
This is one of the challenges today’s technological advancement made in the society. Children, the younger generations as a whole, are very keen with technology. In this circumstance, in particular, the gambling sites neither parents don’t have assurance that minors would refrain from gambling in their age, prohibited to gamble by the jurisdiction.

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September 04, 2020, 02:30:18 PM
 #32

KYC is one of the best solution, but that also takes away the meaning of anonymity that most user enjoy. Well, i don't see any problem with underage kids betting in esports tournament because Cryptocurrency is partially anonymous then regulators wouldn't actually know who's, who. The only problem is children under that age shouldn't be addicted to it. But what about the law that prohibits teenager to visit porn sites? Isn't that much more urgent as well? Why not just censor those kinds of sites just like in China?
This is not an ending discussion with regards to jurisdiction of the kids so also I can say kyc could be the most solution indeed. Also the big contributions here is the parents should guide their kids in crypto gambling sites since some are being addicted into playing. There's so much to tackle in restricting the children because some kids are unstoppable and also the important to censor those sites that are not good to the users.
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September 04, 2020, 07:25:19 PM
 #33

KYC is one of the best solution, but that also takes away the meaning of anonymity that most user enjoy. Well, i don't see any problem with underage kids betting in esports tournament because Cryptocurrency is partially anonymous then regulators wouldn't actually know who's, who. The only problem is children under that age shouldn't be addicted to it. But what about the law that prohibits teenager to visit porn sites? Isn't that much more urgent as well? Why not just censor those kinds of sites just like in China?
This is not an ending discussion with regards to jurisdiction of the kids so also I can say kyc could be the most solution indeed. Also the big contributions here is the parents should guide their kids in crypto gambling sites since some are being addicted into playing. There's so much to tackle in restricting the children because some kids are unstoppable and also the important to censor those sites that are not good to the users.
I think someday crypto casino will make a way to refrain minority to play in their casino, But as of now KYC is the best choice and on the legal side wants it. Kids today become lustful in playing casinos and crypto casino is one of their ways to play some gambling. Kids today are so much attracted to esports games and betting sides need some way to make minorities stay away from them. Parents should teach their children the limits that they can go in the internet before it is too late for them to be addicted to it.
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September 04, 2020, 07:46:34 PM
 #34

Crypto gambling sites are notorious for allowing players in without any ID verification.
On its own, this isn't a disadvantage. Usually local laws can be restricting. Making it more expensive to run a casino and limiting certain geographies.

But now with eSports being a rising industry, many gambling platforms are quick to jump in the trend. Trying to incorporate more games and also more tournaments into their systems.
But I see this as something that could backfire.

First of all, as it's natural, games are played by younger audiences. Perhaps the majority of the player base in most games that are popular in eSports lately are underage even.
And this is accompanied by another trend. Parents also being more comfortable with letting their kids spend on games. Games like Gortnite and PUBG mobile are notorious for earning millions via microtransactions while being free to play. Even a free Call of Duty game was released to be monetized with micro-transactions.

The trend of free to play games with micro-transactions becoming popular is also gathering increasing attention from regulators. And these discussions often also discuss gambling. There have been discussions in several countries for instance to ban lootboxes and paid chance based drops in game.
So if gambling on crypto sites also somehow becomes popular to underage people thanks to eSports.
The concern of children developing unhealthy habits already exists against the games they play. Imagine if gambling becomes more accessible to them also. Both crypto and the platforms would be to blame in the eyes of many people. And then it'd be no surprise to see regulators trying to also regulate more against crypto and gambling in general.
In my view, underage persons should have the right to own crypto. They already have the right to own cash anyway. But allowing kids to gamble has questionable ethics.
Personally I have always thought that it is ridiculous that casinos allow you to gamble without having to go through know your customer policies but then if you try to withdraw your money that is when they try to make you prove your identity, in my opinion if a casino wants to implement those policies then they should do it before they even allow you to gamble that way we could avoid the scenario that you are presenting in which someone that is underage is able to gamble when in most jurisdictions this is considered to be illegal, however I will not blame eSports for this as most likely this is already happening.

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September 04, 2020, 07:48:31 PM
 #35

Esports has no age restrictions on most of the games and the official tournaments giving huge reward for the players but about the esports gambling which itself can turns out into be a shady one like match fixings can happen.Crypto gambling sites aware of the age restrictions but it is not a big task to break the barrier if there is any on the internet world.So it should be self discipline related issue and nothing can be done from outside world.
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September 04, 2020, 08:40:49 PM
 #36

   I see some games on television, not so often, when people play League of Legends, Counter Strike, Dota, and some other games.
I like to watch it, and I tried some of these games, they are really good, I understand why there is hype around them. I also read
about people who bet on these e-sport games and their stories are good, they say they win a good profit, they wrote it's easy
to spot favourites once you get more into teams and who is better.
   Even I am old I like e-sports and I think it's the future, I see many kids playing, and they like the games more than traditional
games. I will start paying more attention on e-sports in the future, and maybe I will start placing some bets.



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September 04, 2020, 08:59:13 PM
 #37

Nobody here allows kids to gamble. It's the kids' decision to do that and none can stop them taking into account their stubborn nature. Control is in the hands of parents and so, they can decide where to stop their kids from entering. If parents are caring and they do have a watch on their kids, it is not possible for such kids to give any time to gambling. Yes, eSports does have underaged kids playing games like CS:GO, DOTA2 and the craze that's immensely rising these days is for PUBG. Speaking very frankly, I never played PUBG and I think I'll not play that game till my last breath. It is better to stop kids from playing these games so to give their valuable time in nurturing themselves through education and learning.
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September 05, 2020, 11:31:35 AM
 #38

I do not think it is so specifically for what you say "eSports," is your perception, certainly not measurable from a precise statistical point of view, that is, we cannot say with certainty how many minors play the casino or gamble illegally , this is a great disadvantage to attack your approach that obviously exists.

I do not want to seem that I defend the industry, because we all want the benefit for our children and adolescents.

Online gambling and casinos exist on the Internet since the Internet appeared, not at the same rate but similar to what happened with the Blockchain. So minors have been gambling for years, it's not new.

In fact, in the Boom of online poker back in 2003, some data was handled, not precise, but because online poker in those years was allowed to track the winnings, it sometimes happened that some big prizes were cold because the winners were minors.

Many of those "maybe" online players will have problems but many of them are today's professional players, that is, the danger is always there, but not because you get a +18 banner, everything will change, the matter is the basic principles that as a family we must instill in our children, a child or adolescent must behave well, not only under supervision, so, what is really important is that they do so when they are not under the supervision of anyone.

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September 05, 2020, 03:48:14 PM
 #39

Crypto gambling sites are notorious for allowing players in without any ID verification.
On its own, this isn't a disadvantage. Usually local laws can be restricting. Making it more expensive to run a casino and limiting certain geographies.

But now with eSports being a rising industry, many gambling platforms are quick to jump in the trend. Trying to incorporate more games and also more tournaments into their systems.
But I see this as something that could backfire.

First of all, as it's natural, games are played by younger audiences. Perhaps the majority of the player base in most games that are popular in eSports lately are underage even.
And this is accompanied by another trend. Parents also being more comfortable with letting their kids spend on games. Games like Gortnite and PUBG mobile are notorious for earning millions via microtransactions while being free to play. Even a free Call of Duty game was released to be monetized with micro-transactions.

The trend of free to play games with micro-transactions becoming popular is also gathering increasing attention from regulators. And these discussions often also discuss gambling. There have been discussions in several countries for instance to ban lootboxes and paid chance based drops in game.
So if gambling on crypto sites also somehow becomes popular to underage people thanks to eSports.
The concern of children developing unhealthy habits already exists against the games they play. Imagine if gambling becomes more accessible to them also. Both crypto and the platforms would be to blame in the eyes of many people. And then it'd be no surprise to see regulators trying to also regulate more against crypto and gambling in general.
In my view, underage persons should have the right to own crypto. They already have the right to own cash anyway. But allowing kids to gamble has questionable ethics.
Shouldn't their parents be responsible in the first place? A parent shouldn't leaver their "underage" children with unsupervised internet access. Games like call of duty which you mentioned has PEGI rating of 18. Their parents shouldn't be letting them play it in the first place. And how is crypto gambling going to be popular among those kids? How are they going to start buying crypto currencies without identity verification (unless they plan to do it illegally)?

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September 05, 2020, 04:25:21 PM
 #40

Nobody here allows kids to gamble. It's the kids' decision to do that and none can stop them taking into account their stubborn nature. Control is in the hands of parents and so, they can decide where to stop their kids from entering. If parents are caring and they do have a watch on their kids, it is not possible for such kids to give any time to gambling. Yes, eSports does have underaged kids playing games like CS:GO, DOTA2 and the craze that's immensely rising these days is for PUBG. Speaking very frankly, I never played PUBG and I think I'll not play that game till my last breath. It is better to stop kids from playing these games so to give their valuable time in nurturing themselves through education and learning.
Indeed. No parents would allow their children to gamble because no parent would let their child to have a bad future or make them addicted in gambling, that is why it is a parents fault if they are irresponsible for letting their child gamble or any bad habit. But I don't think games like CS:Go, DOTA2, LOL, and other violent games would result a bad habit to an underaged child, as long their parents would limit them from using or playing these computer games. So they could not forget their studies and social life.

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