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Author Topic: Crypto gambling sites should be careful of bringing eSports in  (Read 5125 times)
South Park
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October 09, 2020, 08:58:17 PM
 #161

KYC is a slight impediment, its most of all a discouragement to legitimate usage then actually stopping anyone underage gambling.  If they want to they will like alot of things like smoking or drinking, obviously its better to educate then expect to eliminate the idea.   Teach kids maths and probability analysis is a greater help then putting up a sign saying no its adults only, thats almost an encouragement and thats been true probably forever.
Kids nowadays tries more to do things that are not allowed for them and knowing how popular esports now, there's really a chance that they will enter into gambling sites due to betting, that's why parents need to guide them in a way of limiting their money or teaching them how to be smarter in betting or to limit themselves since sooner or later if they  really want to they will soon to do it anyway, parental guidance is only needed as their are the one who gives money and sees the activities of their children.
In my opinion a more troubling tendency for those that are worried about kids gambling are loot boxes, for years games have included random elements in which you could gamble with the currency of the game to obtain more of it or exclusive items and that was fine, but then loot boxes appeared and you could purchase them with real money and you had no way to know if you will get what you want, that is a form of gambling which is why several countries are now trying to regulate the practice, but still I am sure some unscrupulous developers will find their way around those new laws.
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October 12, 2020, 08:39:12 AM
 #162

You cant run away from the reality that sooner or later, kids will interact with gambling website. It is hard to avoid this. The internet gives us so much power and the ability to do anything we want. Therefore, you cant expect a kid to understand what is good and what is bad for himself. Why dont you just think of a good side which has been providing by the internet for years since it has been created

Regulations can be made so as to stop online casinos from operating arbitrarily. However, I believe that education is more important than any other factor. If a kid is not well-educated, he will soon become addicted to gambling or some sorts of irresistible illegal activities.

This has also raise a concern in my mind. How decentralized are bitcoin and other digital assets in this moment when every websites using them requires users to provide their ID. KYC is good to prevent criminals and underage gamblers. But on the other hand, it is ruining the decentralization of the blockchain. People willing to show their identity for faster and more convenient services. This will make use weaker and vulnerable to the authorities and whoever are holding their private data

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October 12, 2020, 09:02:00 AM
 #163

The creator only put that's description but not putting his video into 18+, so underage still can watch them. All back to the parents, if they don't want the kids watching this all content the best thing should not give them electronic like smartphone, laptop or other things.

Even the parent make the phone by limiting all the access with google kids or somethings, but sometimes your kids were more clever than you. So, discuss this topic will never getting an end.
The parent and the business share the responsibility in prohibiting minors into gambling sites. I wouldn't worry that much when it comes to crypto gambling sites, the chances that a child would go to a pornsite is higher than the chances of going to a cryptogambling sites. Besides the fact that there are more things that you need to do before you can play, a child with low attention span will be bored filling those necessary requirements. If it ever comes to worst, I think the fault falls into the parents of the child.

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October 12, 2020, 09:20:36 AM
 #164

dont worry mate because even not in gambling sites teens or youngsters now are betting against their friends or someone they are playing with.
so with this proves that it is not a Gambling sites concerns who will bet in eSports because the truth is ?gambling is happening around their world(the Younger generation)
but at least it is good that you mentioned these issues so parents must be aware and may restrict their children from playing those games that can be involved betting.

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October 12, 2020, 09:39:26 AM
 #165

Since crypto gambling sites do not have KYC, it is very easy for underage kid to access crypto gambling sites. So it doesn't matter
whether the gambling sites bring esports in or not, still underage kid can play gambling online. This is a serious problem where an
effective solution must be found to prevent underage kid from playing online gambling. For the time being, it is necessary to have
supervision from parents of their children, especially when accessing the internet. But most of the younger generation today are
smarter than their parents when it comes to technology. Therefore, parents must learn technological developments as well, so as not
to be left far from their children.

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October 12, 2020, 12:22:56 PM
 #166

dont worry mate because even not in gambling sites teens or youngsters now are betting against their friends or someone they are playing with.
so with this proves that it is not a Gambling sites concerns who will bet in eSports because the truth is ?gambling is happening around their world(the Younger generation)
but at least it is good that you mentioned these issues so parents must be aware and may restrict their children from playing those games that can be involved betting.
If the youngsters don't know about the betting, they will use the other way to gamble. I know some young people watch football in one of their houses, and they gamble for who will be the winner. It is fun to gamble with each other while we can gather in one place and hang around and talk to each other about the game.
The gambling sites will be like that, but some people will change, and even young people will try to gamble because they will know that playing gambling is fun.
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October 12, 2020, 12:41:08 PM
 #167

I am hands on about bringing the children in ourfamily to growing thats why even the Online games they are engaging must be in my knwoledge.
So in any way they will never be involved in young age gambling specially eSports when this is really in every sides of the community.
lucky in our family the children are really trusting the decision of elders and they have no chance to be in wrong ways.
KYC is a slight impediment, its most of all a discouragement to legitimate usage then actually stopping anyone underage gambling.  If they want to they will like alot of things like smoking or drinking, obviously its better to educate then expect to eliminate the idea.   Teach kids maths and probability analysis is a greater help then putting up a sign saying no its adults only, thats almost an encouragement and thats been true probably forever.
KYC can be faked that's why i don't trust them for the age limit in making bets in gambling sites.
It is our own diligence for what will happen to our young.
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October 12, 2020, 02:00:52 PM
 #168

The way you bring your children up that matter in crypto gambling. All my children have ideas in all different sports Local and international sports. Most of my children are doing well with the idea I gave to them concerning crypto gambling that too me so much time and energy to make them  understand all types of games, Local and international sports.
I guess is a good thing to bringing sports issue into families which it can bring more development to the family and  young ones  will have ideas in sports.

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October 12, 2020, 05:58:30 PM
 #169

dont worry mate because even not in gambling sites teens or youngsters now are betting against their friends or someone they are playing with.
so with this proves that it is not a Gambling sites concerns who will bet in eSports because the truth is ?gambling is happening around their world(the Younger generation)
but at least it is good that you mentioned these issues so parents must be aware and may restrict their children from playing those games that can be involved betting.
The thing is that e-sports is massively popular among children and when they see an opportunity to bet on it that makes them vulnerable to that. I mean a kid watching tennis would not be as tempted to bet on it as he would be in a game which he plays himself and then see watches his favorite players playing and having a chance to bet on it.

Sportsbooks are always going to welcome such kids because let's be honest these sportsbooks are made to juice out as much money possible and if they see a option to attract even more gamblers if even they are kids they will always add such games and bring that audience and if one sportsbook doesn't the other will so it is impossible to expect gambling sites to show ethics.
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October 12, 2020, 06:14:40 PM
 #170

The way you bring your children up that matter in crypto gambling. All my children have ideas in all different sports Local and international sports. Most of my children are doing well with the idea I gave to them concerning crypto gambling that too me so much time and energy to make them  understand all types of games, Local and international sports.
I guess is a good thing to bringing sports issue into families which it can bring more development to the family and  young ones  will have ideas in sports.

its not a joke to teach all the sports and you also include local and international .

 no wonder why your complaining for the efforts that you gave but atleast all are worth it because your kids are now equiped with knowledge that they can use to do whats right  .

 solving issue gives you a bonding to your kids and they are lucky to have an ubderstandable parent like you because parent usually are busy and no time to bond with thier kids .
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October 14, 2020, 07:27:51 PM
 #171

You cant run away from the reality that sooner or later, kids will interact with gambling website. It is hard to avoid this. The internet gives us so much power and the ability to do anything we want. Therefore, you cant expect a kid to understand what is good and what is bad for himself. Why dont you just think of a good side which has been providing by the internet for years since it has been created

Regulations can be made so as to stop online casinos from operating arbitrarily. However, I believe that education is more important than any other factor. If a kid is not well-educated, he will soon become addicted to gambling or some sorts of irresistible illegal activities.

This has also raise a concern in my mind. How decentralized are bitcoin and other digital assets in this moment when every websites using them requires users to provide their ID. KYC is good to prevent criminals and underage gamblers. But on the other hand, it is ruining the decentralization of the blockchain. People willing to show their identity for faster and more convenient services. This will make use weaker and vulnerable to the authorities and whoever are holding their private data
It is inevitable that kids will come across a gambling website which is why their parents need to explain to their kids that gambling at their age is simply wrong and whether the opportunity presents itself online by surfing the web or it comes on their everyday lives from their friends they need to refuse because they do not have the mental maturity to take responsible decisions when it comes to their money and what is best for them, however this can be difficult if the parents are absent from the life of their kids as it is happening more commonly all over the world as people dedicate more time to social media than their own family.
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October 14, 2020, 11:15:30 PM
 #172

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.
Underage persons have their own right, but it is not a proper time for them to join gambling. Of course, eSports have many younger audiences, we cannot deny the fact as the game is a children's world. As long as the purpose is for fun, it is no really a problem. However, there should be a limit for underage persons, we mustn't let them be early addicts in gambling. IMO, the solution is to let them play with some limitations.

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October 15, 2020, 04:11:10 PM
Last edit: October 16, 2020, 05:53:27 PM by suzanne5223
 #173

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.
Underage persons have their own right, but it is not a proper time for them to join gambling. Of course, eSports have many younger audiences, we cannot deny the fact as the game is a children's world. As long as the purpose is for fun, it is no really a problem. However, there should be a limit for underage persons, we mustn't let them be early addicts in gambling. IMO, the solution is to let them play with some limitations.

Allowing the underage person to gamble on crypto esport site with some limitation seems to be an unreasonable idea because they will sooner or later abuse it and we see a previous situation of addict among the young people just like before when restriction law was not implemented, as the OP said crypto and the online gambling platform will be blamed for it literally the regulator will step in just how the SEC did when there was a lot of ICO scam.
With that been said, it good that non of all the online gambling Master license operators allow the underage to play on any gambling site.

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Hamphser
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October 15, 2020, 08:48:21 PM
 #174

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.
Underage persons have their own right, but it is not a proper time for them to join gambling. Of course, eSports have many younger audiences, we cannot deny the fact as the game is a children's world. As long as the purpose is for fun, it is no really a problem. However, there should be a limit for underage persons, we mustn't let them be early addicts in gambling. IMO, the solution is to let them play with some limitations.

Allowing the underage person to gamble on crypto esport site with some limitation seems to be an unreasonable idea because they we sooner or later abuse it and we see a previous situation of addict among the young people just like before when restriction law was not implemented, as the OP said crypto and the online gambling platform will be blamed for it literally the regulator will step in just how the SEC did when there was a lot of ICO scam.
With that been said, it good that non of all the online gambling Master license operators allow the underage to play on any gambling site.
For Fiat casinos or website/platforms then they can somewhat stop this one yet it does really need verification first before you can proceed but for crypto? Its totally impossible on stopping it
no matter how licensed or legal your platform is but on the way on how you do accept registered players then you wouldnt know on whose the one is minor and which is not.
About bringing e-sports then this had already been available for a while now.E-sports became big already and been included in most sports book which
players or bettors would already have their option to make bets.

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October 15, 2020, 09:09:41 PM
 #175

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.
Underage persons have their own right, but it is not a proper time for them to join gambling. Of course, eSports have many younger audiences, we cannot deny the fact as the game is a children's world. As long as the purpose is for fun, it is no really a problem. However, there should be a limit for underage persons, we mustn't let them be early addicts in gambling. IMO, the solution is to let them play with some limitations.

What do you mean by letting them play with some limitations?

At first, you said that it is not the proper time for them yet, and underage should not gamble and must not let to be an early addict in gambling. How can we stop them from that addiction, even if they have some limitation, it is still not proper for underage to gamble.

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October 16, 2020, 05:03:31 PM
 #176

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.
Underage persons have their own right, but it is not a proper time for them to join gambling. Of course, eSports have many younger audiences, we cannot deny the fact as the game is a children's world. As long as the purpose is for fun, it is no really a problem. However, there should be a limit for underage persons, we mustn't let them be early addicts in gambling. IMO, the solution is to let them play with some limitations.

Allowing the underage person to gamble on crypto esport site with some limitation seems to be an unreasonable idea because they will sooner or later abuse it and we see a previous situation of addict among the young people just like before when restriction law was not implemented, as the OP said crypto and the online gambling platform will be blamed for it literally the regulator will step in just how the SEC did when there was a lot of ICO scam.
With that been said, it good that non of all the online gambling Master license operators allow the underage to play on any gambling site.
For Fiat casinos or website/platforms then they can somewhat stop this one yet it does really need verification first before you can proceed but for crypto? Its totally impossible on stopping it
no matter how licensed or legal your platform is but on the way on how you do accept registered players then you wouldnt know on whose the one is minor and which is not.
About bringing e-sports then this had already been available for a while now.E-sports became big already and been included in most sports book which
players or bettors would already have their option to make bets.
No doubt about the fact that it will be hard to stop minor from gambling on crypto gambling site but in the long run if the minor will be figuring out by the gambling site the moment he wins big or wants to withdraw above $2500 and something like this has happened before on this forum where a minor was accusing the sport of declining him his withdraw whereas he has broken booker rules and regulations.

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October 16, 2020, 05:36:19 PM
 #177

You cant run away from the reality that sooner or later, kids will interact with gambling website. It is hard to avoid this. The internet gives us so much power and the ability to do anything we want. Therefore, you cant expect a kid to understand what is good and what is bad for himself. Why dont you just think of a good side which has been providing by the internet for years since it has been created

Regulations can be made so as to stop online casinos from operating arbitrarily. However, I believe that education is more important than any other factor. If a kid is not well-educated, he will soon become addicted to gambling or some sorts of irresistible illegal activities.

Exactly.

Most kids are smarter than many people think. If a kid is smart and his parents taught him/her some basic math, he'll understand that trying to make money from gambling is almost always a dead end and a stupid idea.

If a dumb kids decided to gamble however, there is no power to stop him from doing it as long as he have any access to the internet.

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October 19, 2020, 07:00:40 PM
 #178

You cant run away from the reality that sooner or later, kids will interact with gambling website. It is hard to avoid this. The internet gives us so much power and the ability to do anything we want. Therefore, you cant expect a kid to understand what is good and what is bad for himself. Why dont you just think of a good side which has been providing by the internet for years since it has been created
It is the duty of parents actually to educate their children not the casinos so I agree with you that with more evolution in technology there will be more and more underage gamblers in the crypto scene. Parents should monitor activity and restrict any such sites and I also wonder how kids will have the money in crypto to bet in first place.

Regulations can be made so as to stop online casinos from operating arbitrarily. However, I believe that education is more important than any other factor. If a kid is not well-educated, he will soon become addicted to gambling or some sorts of irresistible illegal activities.
And no matter how many regulations and rules are made to restrict I have seen people selling fake ID proofs and even accounts on various casinos and sportsbooks so it is nearly impossible to stop in-eligible gamblers from gambling but yeah such restrictions can certainly lower the number.
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October 19, 2020, 09:03:31 PM
 #179

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.
Underage persons have their own right, but it is not a proper time for them to join gambling. Of course, eSports have many younger audiences, we cannot deny the fact as the game is a children's world. As long as the purpose is for fun, it is no really a problem. However, there should be a limit for underage persons, we mustn't let them be early addicts in gambling. IMO, the solution is to let them play with some limitations.

What do you mean by letting them play with some limitations?

At first, you said that it is not the proper time for them yet, and underage should not gamble and must not let to be an early addict in gambling. How can we stop them from that addiction, even if they have some limitation, it is still not proper for underage to gamble.
It is just a bad idea, the moment you allow minors to gamble that is when they will do everything they can to find ways against those limitations, it is better to not allow them to do so, after all I could argue that gambling for a minor can be even more dangerous than something like alcohol, after all alcohol has a limit of how much you can consume and as such spend on a single day but when it comes to gambling you could literally lose all your capital on the single roll of a dice so it would damage young people even more quickly than something like alcohol.
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October 19, 2020, 09:36:30 PM
 #180

It would be difficult to impose sanctions on sites that aren't under the governments jurisdiction I mean the place of the gambling site that has been created.

Hence, the only thing rhat can do with the government to regulate with the gambling site is to ban itnor block the site. This is not really a problem to us since we know how to access it just by using vpn. But as long as the government is concern being careful to visit block sites must be observe not to get caught in it.
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