Charity for Gamblers

[Vaskiy]

Myself got lucky several times, but I wasn't able to keep up the winning with proper exit strategy. Another thing, if I've kept all the earnings without gambling now I could've been debt free. Now myself was into big debt, and I've requested the help of different people. None were there to help me. At some point I even thought of ending the life, because it isn't an easy thing for a common man to overcome a debt of $50k. My mind says the life is given by God and you don't have the right to end it. With this philosophy I'm running forward. Even now I'm spending my earnings on gambling and standing empty handed.

Now my mind always thinks of people who are same as me. I need to support them, which means financially. For this what are the ways to collect funds and give it to the right ones in need.

It might sounds strange to encourage gambling through this Charity, but my thinking is to give life and hope to overcome the financial stress which is the major reason behind the depression of gamblers. If someone is found losing $5k on gambling and is in frustration. We can support him financially providing $200. Please putforth your opinions and the right way to help Gamblers financially.

[iamsheikhadil]

I've been thinking about such an idea for a long time, but the negative side is, once such type of funds are created, gamblers might just exploit it and psychologically take it as an added bonus only to boost their gambling addictions. I think we should surely help any gambler who's in debt financially only if he/she can show that they have quit gambling and done it for a long period of time, say 6 months without touching any gambling game. In that period they can save their own money too. This idea can only be applicable offline because that's the way to verify if the person is still gambling or not. It hurts to see people in debt, and I myself once was in huge debt, but the only way to avoid it is to completely get rid of the addiction

[Poker Player]

Myself got lucky several times, but I wasn't able to keep up the winning with proper exit strategy.

I would open a charity for you and all like-minded people to understand the concept of Expected Value.

Another thing, if I've kept all the earnings without gambling now I could've been debt free.

No, you couldn't. You could have less debt if you haven't gambled at all, but no, this story you are telling yourself is based on the fact that you do not understand the concept of Expected Value or Mathematical Expectation. I don't know if it's worth explaining it to you because I've tried it with other people and it goes in one ear and out the other. If I see interest I will explain it.

[Vaskiy]

I've been thinking about such an idea for a long time, but the negative side is, once such type of funds are created, gamblers might just exploit it and psychologically take it as an added bonus only to boost their gambling addictions. I think we should surely help any gambler who's in debt financially only if he/she can show that they have quit gambling and done it for a long period of time, say 6 months without touching any gambling game. In that period they can save their own money too. This idea can only be applicable offline because that's the way to verify if the person is still gambling or not. It hurts to see people in debt, and I myself once was in huge debt, but the only way to avoid it is to completely get rid of the addiction

Agreed on your statement, here the gambling sites have a big responsibility and they need to take it into consideration. When it comes to money, everyone is eager to get it. So, it isn't the mistake of the common man. Getting into addiction is a part and is due to lack of control. When gambling sites create an authorised service, automatically these sites can confirm whether the person has lost big or not and based on the confirmation statement help can be provided to the respective Gamblers.

[Vaskiy]

Myself got lucky several times, but I wasn't able to keep up the winning with proper exit strategy.

I would open a charity for you and all like-minded people to understand the concept of Expected Value.

Another thing, if I've kept all the earnings without gambling now I could've been debt free.

No, you couldn't. You could have less debt if you haven't gambled at all, but no, this story you are telling yourself is based on the fact that you do not understand the concept of Expected Value or Mathematical Expectation. I don't know if it's worth explaining it to you because I've tried it with other people and it goes in one ear and out the other. If I see interest I will explain it.

Man, if I haven't got into gambling I don't have a big expense to meet. With the earning I make I can happily lead my life. At some point accumulated little bitcoin and used into gambling with the mind of making money. I lost it, and further started to borrow and gamble to recover the loss. I won in recovering it, but the recovery I made gave hope of gambling further. This is where I started to loss big and end up with big debt. Every user have got different stories, you can't understand until you experience it personally. Also I suggest don't go for high rolls which is the major cause for the losses of mine.

[Charles-Tim]

It might sounds strange to encourage gambling through this Charity, but my thinking is to give life and hope to overcome the financial stress which is the major reason behind the depression of gamblers. If someone is found losing $5k on gambling and is in frustration. We can support him financially providing $200. Please putforth your opinions and the right way to help Gamblers financially.

This would have been good, but we need to check the other side of it. Assuming I am gambler, I am addicted, I lost all, I borrowed, and I received a support fund. What do you think I will do with the fund? Most likely I will not yet pay my debt but use all or almost all the funds to gamble. Gambling can be so addicting at times, people need to check themselves, what will be best in this case is to just find ways to advice people to not use money they can not afford to lose to gamble, gambling should be for fun. I am so certain the support funds will be used for gambling, only advice is better for addicts so to correct them to gamble appropriately.

[Vaskiy]

It might sounds strange to encourage gambling through this Charity, but my thinking is to give life and hope to overcome the financial stress which is the major reason behind the depression of gamblers. If someone is found losing $5k on gambling and is in frustration. We can support him financially providing $200. Please putforth your opinions and the right way to help Gamblers financially.

This would have been good, but we need to check the other side of it. Assuming I am gambler, I am addicted, I lost all, I borrowed, and I received a support fund. What do you think I will do with the fund? Most likely I will not yet pay my debt but use all or almost all the funds to gamble. Gambling can be so addicting at times, people need to check themselves, what will be best in this case is to just find ways to advice people to not use money they can not afford to lose to gamble, gambling should be for fun. I am so certain the support funds will be used for gambling, only advice is better for addicts so to correct them to gamble appropriately.

What can be done? From the quote it is clear that the aid provided will also gets wasted on gambling. We can't blame the gambling sites, because to keep the users within their own control different features like setting our own limits, vault and so many things are available. Even after this people losing in gambling is the true difficulty. Something need to be done at the earliest, or else we can see more people like me suffering out of financial depression. I wasn't able to think anything, my mind always thinks of making myself free from debt.

[Charles-Tim]

What can be done? From the quote it is clear that the aid provided will also gets wasted on gambling. We can't blame the gambling sites, because to keep the users within their own control different features like setting our own limits, vault and so many things are available. Even after this people losing in gambling is the true difficulty. Something need to be done at the earliest, or else we can see more people like me suffering out of financial depression. I wasn't able to think anything, my mind always thinks of making myself free from debt.

I was a gambling addict before, the last time I calculated how much I have lost to gambling, it was around $6000, and I am certain it is even more, I had to borrow from people, and my life was miserable, there were even more that happened that I almost killed myself, I know how it feels to be an addict, people around me stop trusting me because gambling made me betrayed their trust, leading to depression for me. Not all can be solved but advising gamblers will just be the best.

I remembered at the time, if I have $5, instead to use it for better things I needed at the time, I will prefer to gamble with it, my phone makes it easy for me and make me easily accessing gambling sites. That is why I know if you give gamblers any money, they will also use almost all if not all to gamble, because I have experienced gambling addiction before.

I did not take my life, but everything seemed like life should end for me at the time, but today made me realize that if there is life, hope remains, I read about gambling addiction online, I knew I have to stop, and I stopped. I stopped in September 2019, I noticed immediately after a year, after gathering some money on this site, gambling still came back, I started to gamble again September 2020, just a year after I stopped it, but I lost almost $1000, I have to advice myself about this, and finally I stopped. I am pretty sure I have the control now, and even if I want to gamble next time, I will use the money I can afford to lose for it.

What can be best done is to advice people, they will be thinking they are professional and can do what others have not done before, until they know the more they gamble the more they lose. Having articles online about it, for gamblers not to go beyond using small amount of money will always be the best way. But many people are not accessing this articles and thinking they will win while using huge amount of money, experienced people like us need to let them know that their are more chances to lose than win.

We should let them to always know gambling should be for fun not a way to make money, aside this, I do not think there are other ways.

[Jating]

It might sounds strange to encourage gambling through this Charity, but my thinking is to give life and hope to overcome the financial stress which is the major reason behind the depression of gamblers. If someone is found losing $5k on gambling and is in frustration. We can support him financially providing $200. Please putforth your opinions and the right way to help Gamblers financially.

This would have been good, but we need to check the other side of it. Assuming I am gambler, I am addicted, I lost all, I borrowed, and I received a support fund. What do you think I will do with the fund? Most likely I will not yet pay my debt but use all or almost all the funds to gamble. Gambling can be so addicting at times, people need to check themselves, what will be best in this case is to just find ways to advice people to not use money they can not afford to lose to gamble, gambling should be for fun. I am so certain the support funds will be used for gambling, only advice is better for addicts so to correct them to gamble appropriately.

What can be done? From the quote it is clear that the aid provided will also gets wasted on gambling. We can't blame the gambling sites, because to keep the users within their own control different features like setting our own limits, vault and so many things are available. Even after this people losing in gambling is the true difficulty. Something need to be done at the earliest, or else we can see more people like me suffering out of financial depression. I wasn't able to think anything, my mind always thinks of making myself free from debt.

I myself was an addicted gambler before, like 2009-2015 lost big amount of money, then I lost my job 2015, but thank God I have my family who help me out. Of course, there's a lot of struggles, lots of problems, and then the adjustment period. And when I was able to find a job, I don't know, I just quit gambling for good or at least now spending my paycheck after paycheck, like before. I guess it's the lesson that I have learn, that help me overcome it. Everyday I always think that I don't want to get back on that life again. I don't want my family to suffer, all I want is to bring food in the table for them. I still have debts but I continue to pay them every month because that is my goal as well this year, to be completely debt free. Not really sure about others, but If I did it, then others can do it as well.

I also think of taking my life, but nah, it will just give problems to those that I will left in this world.

[Peanutswar]

I think its the same with the charity to our forum as well I guess some of our courage to make art to help other people and deliver those funds to the people into the different country, bitcoin is one of the largest community too so its nothing bad if top gamblers will give some help to other people. I think this kind of agenda is suitable for the higher gambling campaign? because at the same time they are big already and can help other people at the same time there is a chance that the people will notice them immediately because they already help them so at the feedback promote in the other side.

[virasisog]

I am really against supporting gamblers, it is like you are encouraging them to gamble some more instead of helping them to change their lives. There are a lot of people out there who are financially distressed who really need help, those who don't gamble. What problematic gamblers need is not financial help for them to cope-up with their losses, they need advice and support to overcome their addiction.

[Vaskiy]

I am really against supporting gamblers, it is like you are encouraging them to gamble some more instead of helping them to change their lives. There are a lot of people out there who are financially distressed who really need help, those who don't gamble. What problematic gamblers need is not financial help for them to cope-up with their losses, they need advice and support to overcome their addiction.

I'm also not supporting the gamblers, there are people who are financially stressed without getting into gambling. If we go in-search of such people, we'll see lots and lots living around us. I'm here to find and help the one who is part of the Bitcoin user community, particularly part of the bitcointalk. If I'm not wrong, Bitcointalk have got a large number of addicted gamblers who need help mentally and financially.

[Mauser]

I think it's a good idea. If you can afford it and help a fellow gambler out than go for it. It might a bit much for some to help out with 200 USD, while for others if should be no problem. The only concern I have is that offering money for free is that people could try and take advantage of it. There should be a system in place to check if someone actually lost 5,000 USD. Maybe we could set up a gambler relief fund for the once losing a lot of money.

[Vaskiy]

Going through the post @mauser a new plan came to my mind. The Gamblers relief fund concept is really good. With this I wish to add few more features. We can have a Gamblers relief fund club. Gamblers need to enroll to the club, and everyone needs to pay monthly premium. So, when one has experienced a massive loss he can claim to the club. The club need to verify whether the claim is true and take further action. This seems to be fair than providing free money. When this is done with the support of escrow, surely it'll be a helpful service.

[iamsheikhadil]

Going through the post @mauser a new plan came to my mind. The Gamblers relief fund concept is really good. With this I wish to add few more features. We can have a Gamblers relief fund club. Gamblers need to enroll to the club, and everyone needs to pay monthly premium. So, when one has experienced a massive loss he can claim to the club. The club need to verify whether the claim is true and take further action. This seems to be fair than providing free money. When this is done with the support of escrow, surely it'll be a helpful service.

I don't think its feasible, because there will be too many fraud claims. Let's say, I have $1000. I make three bets at 2x and win two times and lose once. I am at a profit of $2000, yet I can just show the proof of that one lost bet to ask for the relief fund. Sites too have privacy laws, they just can't give away a user's profit/loss data to third parties to confirm if they indeed have lost. The way to help them to become debt free is not to give them cash directly but to pay to the people who they have taken money from and ask them not to lend money to this borrower ever again if they ask it for gambling purposes. Then again, it's really hard to help people online because of exploitations. That's why there should be offline organizations that can be established to help address this issue. Only my opinion though

[Vaskiy]

Going through the post @mauser a new plan came to my mind. The Gamblers relief fund concept is really good. With this I wish to add few more features. We can have a Gamblers relief fund club. Gamblers need to enroll to the club, and everyone needs to pay monthly premium. So, when one has experienced a massive loss he can claim to the club. The club need to verify whether the claim is true and take further action. This seems to be fair than providing free money. When this is done with the support of escrow, surely it'll be a helpful service.

I don't think its feasible, because there will be too many fraud claims. Let's say, I have $1000. I make three bets at 2x and win two times and lose once. I am at a profit of $2000, yet I can just show the proof of that one lost bet to ask for the relief fund. Sites too have privacy laws, they just can't give away a user's profit/loss data to third parties to confirm if they indeed have lost. The way to help them to become debt free is not to give them cash directly but to pay to the people who they have taken money from and ask them not to lend money to this borrower ever again if they ask it for gambling purposes. Then again, it's really hard to help people online because of exploitations. That's why there should be offline organizations that can be established to help address this issue. Only my opinion though

I'm here mentioning the overall loss. Everyday we can't make a claim. Whats been stated above seems to be a claim for every single roll. This isn't possible, because this will get the user benefitted and the relief fund go bankrupt. We should have the claim provided only at specific time interval and not a regular claim.

[newwest]

Couple of things we need to think is that before gambling itself we know that what we are going to do is high chances where we might end up losing rather than making money. But still we go ahead and take risk because we are okay even if we lose the money. Secondly, also we do gamble from spare money and not with savings, unless someone thinks can just double the money very easily and want to try their luck then that is different thing. So not sure how will it work.

[acroman08]

you know what's better? a charity that gives gamblers a chance to get themselves on a rehabilitation facility for free and a job that could help them get back on their feet once they are out of the facility. giving someone money for financial help because they lost in gambling wouldn't solve the problem and would not really help them but would just only help them continue their destructive habit. I have been in a rough situation before because of gambling but I am one of the lucky ones since I was able to pull out of it before it is too late.

The thought itself seems absurd to me. No offense.

it is to me too.

[Karartma1]

Its like adding fuel to a fire. First of all, you shouldn't bet with what you cannot afford to lose. If you do lose it all and are looking for handouts so that you can bet more. You are suffering with gambling addiction and you should seek medical help, not try to find other ways to be able to bet. There are a lot more noble causes where you could donate to charity, like helping underprivileged kids get quality education. Providing food and shelter to the homeless. Helping animal shelters and animal rescue. Medical research funds for Cancer, Corona and others etc. Maybe its just me, but those to me are waaay higher priority than helping some gambler make that 1 or a few extra bet. The thought itself seems absurd to me. No offense.

I have to second every single word here.
It's absolutely foolish to even think that supporting gamblers with more money would  be the way to go.
First of all, a gambler needs to recognize his/her own condition and work on that first. Only after having recognized that and started a some human development path there could be some sort of financial support which would have to be linked to be progress made.
Charity and gambling in the same phrase sound like an oxymoron to me. Sorry

[cabron]

You know you are in debt already but you still keep gambling with the earnings you get here. So how do you support yourself? The earnings we get here are just too small. I assume you have a day job. I understand the urge to bet is scratching your back.

If your lender isn't about to kill you due to the big amount, just pay them bit by bit and continue working. no addiction can't be overcome when you know there is a responsibility on your shoulder.