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Author Topic: Player protection - stop loss limit  (Read 898 times)
Lorence.xD
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November 25, 2020, 05:18:26 AM
 #141

The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.

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November 25, 2020, 06:06:05 AM
 #142

The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.

It will reflect to the business indeed as limiting the gmblers to play more will cut  the house profits, but due to reputations they'll
be able to gain more gamblers to visit their business.

Depends from how the owner will handle this kind of feature as for good marketing it will bring good impacts but profitable wise
it ain't going to bring good benefits.
But maybe the house will still profit from the other gambler because not all gamblers will exceed their limits.
If the house has many gamblers, the house should not worry about their income because many gamblers will spend their money playing gambling, although the gambler has their limit, they will still use their money to play more.
I think the owner will have other ways to make more money from the gamblers, and maybe they will invite more gamblers to come to their website by giving so many bonuses to them.
That feature can be the way for the gamblers not to spend too much money, and the gambler should realize that the house really pays attention to them.
But I guess that not many gambling sites will use that feature as they don't want to know how much the gamblers lose because the house is only facilitating the gamblers to playing gambling.
The rest will be up to the gamblers themselves.

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November 25, 2020, 06:17:58 AM
 #143

The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.

That's right, most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.

Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.

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November 25, 2020, 01:11:09 PM
 #144

The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.

That's right, most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.

Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.
The discipline in gambling is one of the hardest to master because it requires time where in you need first to lose huge in order to consider it as good and important, you cannot just become a discipline gambler when you are just starting out. I do not have any idea on a certain gambling sites that have player protection but as far as I know it is individual feature where a certain gambler should have protection to his/her own capital. What do I mean by that? If you are a gambler, you should have limit to yourself; for example, you have a limit of losing $200 per day then you should follow it no matter what is the reason and the situation. We humans have emotion and it is the reason why it is hard to control our greed especially when we are having consecutive winning where we feel invisible that can be a factor for us to bet more even though we are now in our daily limit.
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November 25, 2020, 08:39:53 PM
 #145

The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.

That's right, most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.

Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.
Majority will be having that common aim on making money or profits once they had deposited into a gambling site or go to physical casinos
on where they do already anticipate or do expect that they will make money without even thinking the probabilities for it to happen which most
of the time where gamblers is always on the losing side rather than on making money.They wont stop as long they do still have the money into
their gambling site balance yet those amounts will be all used up until its completely gone or wont able to play anymore.

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November 25, 2020, 09:27:35 PM
 #146

The discipline in gambling is one of the hardest to master because it requires time where in you need first to lose huge in order to consider it as good and important, you cannot just become a discipline gambler when you are just starting out. I do not have any idea on a certain gambling sites that have player protection but as far as I know it is individual feature where a certain gambler should have protection to his/her own capital. What do I mean by that? If you are a gambler, you should have limit to yourself; for example, you have a limit of losing $200 per day then you should follow it no matter what is the reason and the situation.

Being emotional is common. We can't avoid being on that and maintain our relaxed mode. Even the GOATS OF GAMBLERS are too emotional.

But since the long gambling experience teach them how to become a good and responsible gambler, even these pro-gamblers are emotional, they are disciplined to know when should stop. They understand the risks if they want to cross the line like for example, setting a limit for that day but after being fucked up, they want to chase the loss. It doesn't mean they are out of their mind to chase that loss but they just want to try if there's a chance.
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November 25, 2020, 09:33:41 PM
 #147

Okay, give me one gambling site that do have this kind of feature? Never ever in my gambling experience had seen such place that do have this kind of feature.

Is there really a gambling platform having this? I cant find any one base on my research.

The possible worst cases scenario for gamblers is when they lose a lot of money, do you think gambling sites would not be happy with that.
Let's be realistic here, they want to make more, more money so more success for their business, why would they help gamblers to minimize their loses?

Maybe a misleading post but that response of me was based on OP's statement; "some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.".

So it turned out to be a "what if". I also never seen a site having that feature but in case there really is, then I can assume it was designed to minimize the possible worst-case scenario that a gambler might experience.

Too much obvious that gambling sites earn from these greedy gamblers so why should they implement that feature? Setting up a stop loss is really up to us.

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November 25, 2020, 09:49:19 PM
 #148

Okay, give me one gambling site that do have this kind of feature? Never ever in my gambling experience had seen such place that do have this kind of feature.

Is there really a gambling platform having this? I cant find any one base on my research.

The possible worst cases scenario for gamblers is when they lose a lot of money, do you think gambling sites would not be happy with that.
Let's be realistic here, they want to make more, more money so more success for their business, why would they help gamblers to minimize their loses?

Maybe a misleading post but that response of me was based on OP's statement; "some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.".

So it turned out to be a "what if". I also never seen a site having that feature but in case there really is, then I can assume it was designed to minimize the possible worst-case scenario that a gambler might experience.

Let me get into your discussion guys. I also never have seen that feature too yet but just now, while I browsing the Gambling section, this is the first time I saw a gambling site with a feature related to stop-loss;

- Loss Limits
- Wager Limits
- Session Limit
- Cooling off Period
- Self-Exclusion Period

This casino offers several features enabling their gamblers to somehow control themselves and only play with what they can afford.

But for how trusted the site is, I'm not sure about that yet. Still checking some reviews. They just posted their ANN thread today.

ANN thread: https://bitcointalk.org/index.php?topic=5293254.0
Website: https://www.anonymous-casino.com/ (You need to be login to see the Gambling Limits feature)

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TheGreatPython
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November 26, 2020, 07:13:59 AM
 #149

The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it.
You're right but if a casino cares for its players then maybe they have less profit but they will be more popular among gamblers slowly because the community is very mature and they know which site cares for them and which one does not.

Stop loss will not work in crypto based casinos though because people often make more than 1 account and most of the casinos do not require kyc from their players so they cannot limit the betting for any players. Also speaking of stop loss one should have enough knowledge and control about when they need to stop gambling and when they have lost enough.

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November 26, 2020, 08:10:50 AM
 #150



That's right, most of us does not have the discipline to just gambling based on our limit, if we have a bankroll in a site, we would just gamble it all and just withdraw if we win, and if we lose there's no tomorrow.
The problem is the Player itself because even if there is a stop loss in gambling site what gamblers do is when done losing in this one,He willjust Jump on another and another to sustain His desire and addiction so there is no sense of having these,
it is the gambler itself that will control the behavior .
Not new, for ages, gambling still doesn't learn and that's the reason why casinos revenue keeps growing because when people learn to gamble, they are usually greedy at the beginning.
That's the way gambling is,for generation and generation same situation and sometimes it is Inheritted from generation yet?
continuing and this favors gambling owner.

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November 26, 2020, 08:16:08 AM
 #151


That's the way gambling is,for generation and generation same situation and sometimes it is Inheritted from generation yet?
continuing and this favors gambling owner.

It will always favor them, otherwise they would not last and they will not operate anymore.

We as gamblers know that, we know that we have lesser chances against the house and yet we never think twice because we love the challenge.
Limiting ourselves is kinda stupid if our main intention is to gamble, it's not necessary to improve the site for our discipline that we ourselves should implement, just be responsible, if not, your money will be taken and you'll regret.

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November 26, 2020, 09:43:53 PM
 #152


That's the way gambling is,for generation and generation same situation and sometimes it is Inheritted from generation yet?
continuing and this favors gambling owner.

It will always favor them, otherwise they would not last and they will not operate anymore.

We as gamblers know that, we know that we have lesser chances against the house and yet we never think twice because we love the challenge.
Limiting ourselves is kinda stupid if our main intention is to gamble, it's not necessary to improve the site for our discipline that we ourselves should implement, just be responsible, if not, your money will be taken and you'll regret.
We would only regret when its too late but if we do still have money then those kind of words wouldnt really be put up on someones mind.
No casino will really put up such limit because they do built up this business on taking your money away and this is just for the sake of entertainment
purposes but there are people who cant really just stop even if they are already losing that much and thats the time they do consider on completely
stopping.Player protection as we say? no they wouldnt care at all.They do care for their wallets.

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November 26, 2020, 11:01:51 PM
 #153


That's the way gambling is,for generation and generation same situation and sometimes it is Inheritted from generation yet?
continuing and this favors gambling owner.

It will always favor them, otherwise they would not last and they will not operate anymore.

We as gamblers know that, we know that we have lesser chances against the house and yet we never think twice because we love the challenge.
Limiting ourselves is kinda stupid if our main intention is to gamble, it's not necessary to improve the site for our discipline that we ourselves should implement, just be responsible, if not, your money will be taken and you'll regret.
We would only regret when its too late but if we do still have money then those kind of words wouldnt really be put up on someones mind.
No casino will really put up such limit because they do built up this business on taking your money away and this is just for the sake of entertainment
purposes but there are people who cant really just stop even if they are already losing that much and thats the time they do consider on completely
stopping.Player protection as we say? no they wouldnt care at all.They do care for their wallets.
Only us gamblers knows how much we are losing, does the casinos knows we are really losing too much? I doubt that, and they don't even care.  Lips sealed
This does not make sense anyway, the only thing they'll care is you lose and you'll enjoy at the same time.

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November 26, 2020, 11:47:52 PM
 #154

Having a stop-loss limit feature in a gambling casino is very useful if a player will truly apply it. As far as I know, there are no features like this, especially in the popular online gambling site. Whatever the feautue has in a casino a player should have the discipline to avoid loses in a game. It is useless when there is a feature but a user not setting limits when betting a game. Somehow, putting features in a casino is also good that an owner thinks the benefits of a user.
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November 26, 2020, 11:56:18 PM
 #155

It will reflect to the business indeed as limiting the gmblers to play more will cut  the house profits, but due to reputations they'll
be able to gain more gamblers to visit their business.

Depends from how the owner will handle this kind of feature as for good marketing it will bring good impacts but profitable wise
it ain't going to bring good benefits.

I also believe that players will go to play on those sites where there are no restrictions. I am also surprised by those countries that impose restrictions on the maximum loss per person for gambling sites registered on their territory. After all, people will go to play on those sites that are outside the jurisdiction of their country. Casino profits and tax revenues will be reduced.
maydna
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November 27, 2020, 01:22:04 AM
 #156

It will reflect to the business indeed as limiting the gmblers to play more will cut  the house profits, but due to reputations they'll
be able to gain more gamblers to visit their business.

Depends from how the owner will handle this kind of feature as for good marketing it will bring good impacts but profitable wise
it ain't going to bring good benefits.

I also believe that players will go to play on those sites where there are no restrictions. I am also surprised by those countries that impose restrictions on the maximum loss per person for gambling sites registered on their territory. After all, people will go to play on those sites that are outside the jurisdiction of their country. Casino profits and tax revenues will be reduced.

You are right. We have so many recommended crypto gambling sites that no restrictions, so we can play without any limit except ourselves' limitations to prevent the big loss. Somehow, if we have gambling limitations, we don't have to worry about losing because we will stop before our money runs out.

Besides playing gambling games outside their country's jurisdiction, they can also visit the online gambling games without any restriction or limitations at all. But the casino will still profit from the other gamblers, especially if they have so many members.
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November 27, 2020, 02:54:12 AM
 #157

Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Can you give some gambling sites that offer this kind of feature to the gamblers.

As per my opinion, the best protection of the player comes with the player himself. Features like this will be useless if the one is addicted already. Self control = self protection. Simple as that. Things like this will not help the gambler limit his playing time especially if he is losing money, for sure that he will use all of his remaining balance in the site to gamble.

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November 27, 2020, 10:30:20 AM
 #158

Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Can you give some gambling sites that offer this kind of feature to the gamblers.

As per my opinion, the best protection of the player comes with the player himself. Features like this will be useless if the one is addicted already. Self control = self protection. Simple as that. Things like this will not help the gambler limit his playing time especially if he is losing money, for sure that he will use all of his remaining balance in the site to gamble.

This feature is useless! As you my opinion is the same, if you don't have self-control features like this one will not help, therefore they are useless!
We are all people, and nobody is immune from making mistakes, especially in gambling! I don't see any difference here from life itself, you either learn from your mistakes and you learn how to control yourself and build your character, or you simply go from one mistake to another, digging your hole deeper and deeper!

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November 27, 2020, 10:34:09 AM
 #159

Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits.
What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Can you give some gambling sites that offer this kind of feature to the gamblers.

As per my opinion, the best protection of the player comes with the player himself. Features like this will be useless if the one is addicted already. Self control = self protection. Simple as that. Things like this will not help the gambler limit his playing time especially if he is losing money, for sure that he will use all of his remaining balance in the site to gamble.

This feature is useless! As you my opinion is the same, if you don't have self-control features like this one will not help, therefore they are useless!
We are all people, and nobody is immune from making mistakes, especially in gambling! I don't see any difference here from life itself, you either learn from your mistakes and you learn how to control yourself and build your character, or you simply go from one mistake to another, digging your hole deeper and deeper!

Exactly, and more it will not work because we are in the crypto world, gambling is anonymous here and anyone can create an account anytime he likes either in a one site only or different site.
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November 27, 2020, 12:36:21 PM
 #160

I also believe that players will go to play on those sites where there are no restrictions. I am also surprised by those countries that impose restrictions on the maximum loss per person for gambling sites registered on their territory. After all, people will go to play on those sites that are outside the jurisdiction of their country. Casino profits and tax revenues will be reduced.

You are right. We have so many recommended crypto gambling sites that no restrictions, so we can play without any limit except ourselves' limitations to prevent the big loss. Somehow, if we have gambling limitations, we don't have to worry about losing because we will stop before our money runs out.

Besides playing gambling games outside their country's jurisdiction, they can also visit the online gambling games without any restriction or limitations at all. But the casino will still profit from the other gamblers, especially if they have so many members.

That's why I don't think it's reasonable to introduce any limits on losses at online casinos, because players will always be able to find casinos that don't have such limits.
Loss limits per day/week/month can only work in regular casinos. It is not difficult to circumvent such limits in online casinos.
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