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Author Topic: Credit card bans introduced in Ireland.  (Read 846 times)
Victorycoin
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August 31, 2021, 07:26:18 AM
 #41

Credit cards are banned from gambling in Ireland, there will be alternative methods the government imposed the ban after most people using credit cards were found to be problem players the prohibition will apply to all types of online and offline gambling except lottery. Gambling can be a significant financial loss when using a credit card the risk of loss should be reduced with money that players do not have. Banning credit cards online could increase the number of offline gamblers.
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August 31, 2021, 10:26:53 AM
 #42

Ireland is developed country and they will never act stupid just to hinder people from gambling , Credit card is one of the most used mode of payments in their country so why would banned this using in gambling?
this might be a propaganda but won't succeed because gamblers nationwide will oppose this and may become a big issue if pushed by the government.
So how would they be allowed to deposit then? Just cash? This new thing I heard is this whistle to whistle thing. I had to look it up. So it just means from start to finish of games. I think that is great in a way but then I would miss out on big bets if I was watching in the UK. I love seeing the Irish bet ads sometimes they are just funny:)
That's it , it will never be into reality because of the basic issue like depositing .









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August 31, 2021, 10:37:03 AM
 #43

The gamblers will figure out how they can still play gambling using the other methods if the government bans credit or debit cards from depositing the money in the casino.
If the gamblers know much about crypto, that can help them play gambling without their government knowing, but the addiction problem can increase because of using the crypto.
As long as people know how to treat gambling, it does not matter if their government uses a credit card ban, people will have a chance to prevent the addiction.
But hopefully, people can become wise using their credit or debit card and not use it for something they do not really need.

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August 31, 2021, 10:47:44 AM
 #44

I know Ireland for being strict in rules and laws but this will surely bring down gambling industry in their country because credit cards are part of financial support of each individual so even if use in gambling it is their problem .
Nope, I don't think so, I mean look at Muslim dominated states, they have a lottery there even though it's strict but they still have a flourishing gambling industry there. Also, it's not really effective for gamblers that have ways to make some money no matter what.

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August 31, 2021, 01:17:48 PM
 #45

~snip
Well apparently the association for the safer gambling regulation in Ireland have established that the credit card system might be causing a lot of problems for the people involved in gambling and that they might use it a lot and fall into debts, etc..

Therefore they have decided to ban it in both online and offline places.
I don't think that's really the case, either some sort of inside talk is happening and that the government and a lot of those credit card companies might have not reach an agreement in their latest lobbying sessions so they do this plus it's not a permanent solution to the rampant gambling activity in the country, it's not cleaning the demand which is the problem.

Although its not a permanent solution made by government but at least government do something to minimize the addiction of their citizen thru gambling and taking out the credit card option will make people stop betting once there fiat already drained. For sure this will create a slow effect to the gambling community and little by little the number of addicted players will decrease by this action made by Ireland government.

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August 31, 2021, 03:38:57 PM
 #46

~snip

Although its not a permanent solution made by government but at least government do something to minimize the addiction of their citizen thru gambling and taking out the credit card option will make people stop betting once there fiat already drained. For sure this will create a slow effect to the gambling community and little by little the number of addicted players will decrease by this action made by Ireland government.
It's not going to minimize the gambling in the country, probably just made gambling more inconvenient for the gamblers since they can't usee credit cards. That's like what my country against smoking, they raised the taxes on it but the number of smokers haven't reduced in number.

It wouldn't surely stop gamblers from gambling because they will always find ways to play or bet. Even in most counties that restrict gambling can't completely control their people about it. However, it will still decrease the number of gamblers especially those who are just depending on their credit cards. If it could completely eliminate the increasing number of gamblers in their country in the future, I guess that's the best time to follow that strategy.
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August 31, 2021, 03:42:34 PM
 #47

~snip

Although its not a permanent solution made by government but at least government do something to minimize the addiction of their citizen thru gambling and taking out the credit card option will make people stop betting once there fiat already drained. For sure this will create a slow effect to the gambling community and little by little the number of addicted players will decrease by this action made by Ireland government.
It's not going to minimize the gambling in the country, probably just made gambling more inconvenient for the gamblers since they can't usee credit cards. That's like what my country against smoking, they raised the taxes on it but the number of smokers haven't reduced in number.

are you sure on the data about this on smoking?
raising taxes will probably reduce the number over time, I'd expect at least 12-24 months of data to see its effects.
would be really curious to know that

for gambling, this measures may even help with crypto adoption too

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August 31, 2021, 04:09:48 PM
 #48

So finally Irish people have fallen for the same social taboo against gambling that less progressive societies face. Unfortunate! But I do support the ban on credit card gambling. It's not wise to gamble using borrowed money as the chance of getting into serious debt trap increases manifold. But what's with the advertising ban!! Gamblers would anyway know where to gamble. In the era of internet, advertising ban makes no sense.

If the gambling houses can't advertise on television, they would turn to social media marketing which can have even severe impact on new gamblers. Seriously, advertising ban doesn't nake sense!
I know that an advertising ban could look bad for the industry but believe me it is probably going to be the best thing that it is ever going to happen to them, it is known that the tobacco industry spent a lot of money in advertising and when it was forbidden for them to advertise on television a lot of people thought that this could spell doom for the industry, but instead what happened is that people were still buying their products and now they did not needed to pay those huge costs of advertising, making them even more profitable.



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August 31, 2021, 04:23:33 PM
 #49

Banning of credit cards for gambling activities will increase the crypto gambling for sure, anyone remembers when people actually started recognizing bitcoin when the government banned the payment processors for WikiLeaks website donations that is when the first bump for the bitcoin happened.
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August 31, 2021, 04:30:14 PM
 #50

Banning of credit cards for gambling activities will increase the crypto gambling for sure, anyone remembers when people actually started recognizing bitcoin when the government banned the payment processors for WikiLeaks website donations that is when the first bump for the bitcoin happened.
I didn't know that it was the cause for the pump but yeah I've heard of that time when they change their donations, I frequent in WikiLeaks to read some of those classified documents that was leaked by the whistleblowers. Also, this ban won't change a thing on the status of gambling in Ireland because the people will use crypto as an alternative.

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August 31, 2021, 05:08:27 PM
 #51

Banning of credit cards for gambling activities will increase the crypto gambling for sure, anyone remembers when people actually started recognizing bitcoin when the government banned the payment processors for WikiLeaks website donations that is when the first bump for the bitcoin happened.
I agree. When there are restrictions for traditional things then modern things will find a boom. In my opinion, banning anything related to gambling will not serve the actual purposes as gamblers will find another method to simply continue their actual routines.

this ban won't change a thing on the status of gambling in Ireland because the people will use crypto as an alternative.
This is what exactly happens everywhere. Even gambling houses itself tried for lots of restrictions to keep gamblers safer but nothing worked as VPN/alternate accounts kind of things easily bypassed such restrictions. So, these credit card banning may not last forever as gambling houses may not find any fall in their revenues.

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August 31, 2021, 05:32:10 PM
 #52

This will drive up crypto adoption imo. Just because people can't use their credit cards doesn't mean that they will stop gambling. They will find something else. It will be either their debit cards or their crypto balance. Since it is a child's play to buy/sell crypto now they will probably avoid the headache of using banks again and use crypto instead. That's the most logical way to approach this ban.
I don't think ban on credit card would drive crypto adoption since they still have debit cards and fiat on land casinos. Sure, if they also banned debit cards, then people don't have a choice other than crypto. I believe the idea is to forbid playing with the money that you don't have (aka borrowing money for gambling). I'm 70% supporting this policy, 30% against because people should be free to choose even if it means destroying their own life.

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August 31, 2021, 06:50:05 PM
 #53

This will drive up crypto adoption imo. Just because people can't use their credit cards doesn't mean that they will stop gambling. They will find something else. It will be either their debit cards or their crypto balance. Since it is a child's play to buy/sell crypto now they will probably avoid the headache of using banks again and use crypto instead. That's the most logical way to approach this ban.
I don't think ban on credit card would drive crypto adoption since they still have debit cards and fiat on land casinos. Sure, if they also banned debit cards, then people don't have a choice other than crypto.
Not totally, but somehow it would help a bit (crypto adoption for payment in gambling) or maybe greater effect than we could imagine.

While banning debit cards will be good impact for crypto, but Ireland may ban crypto in the future for the same reason but that is a different story.
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August 31, 2021, 06:51:28 PM
 #54

Bookmakers have agreed to an industry wide ban on credit cards apparently they are a part of an updated code of safe gambling practices introduced by IBA. Therefore if you do live in Ireland then you have to take care of these things. It will be both applicable in online and offline shops.

People who do problem gambling, borrow money from savings accounts, credit cards, and after burning that they borrow from near relatives. After losing a huge amount they just try to raise funds by borrowing to place bigger bets than before In the hope that he will overcome the previous loss. If luck helps then it is good, otherwise, these problem gamblers are a threat to family and society. There is no trouble in banning credit cards to protect gamblers in cases of addiction, they can use debit cards in this case.



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August 31, 2021, 07:43:32 PM
 #55

Bookmakers have agreed to an industry wide ban on credit cards apparently they are a part of an updated code of safe gambling practices introduced by IBA. Therefore if you do live in Ireland then you have to take care of these things. It will be both applicable in online and offline shops.

People who do problem gambling, borrow money from savings accounts, credit cards, and after burning that they borrow from near relatives. After losing a huge amount they just try to raise funds by borrowing to place bigger bets than before In the hope that he will overcome the previous loss. If luck helps then it is good, otherwise, these problem gamblers are a threat to family and society. There is no trouble in banning credit cards to protect gamblers in cases of addiction, they can use debit cards in this case.



Or simply there are still some tons of ways for them to play if they wanted to because not only credit cards is the method for you to play.If you could able to borrow on various people or sources
then you could really still play and wont resolved out addiction completely but at least they do make out some step but it wouldnt really be that sufficient.This is a personal kind of problem
where addiction or involving yourself in gambling should really be taken control well so that you wont really be falling into the pit of addiction.
I know that their government does really in concern on citizens situation regarding this but it is something a problem that cant be easily resolved.

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August 31, 2021, 08:19:07 PM
 #56

Worthless proposition from worthless authorities. Gamblers won't stop gambling and going into debt because credit cards and advertisements are going to be censored. There are another ways to acquire credit to gamble and I would say they are much more dangerous if compared to credit cards...

I guess you're thinking of them ending up borrowing money from a private lender, mobster or something. But even today there are much easier alternatives. You can get instant loans for example. Then you deposit in the casino with a debit card the money you have borrowed. In other words, the ban will be of little use.
Yes, you guessed right, that is what I mean. If the gambler's mind isn't in order it's too dangerous to take loans. He might even start borrowing money from safe sources, like a relative, a bank or something like this, but once the debt keeps rising and he can't figure out how to paid it back, he will keep searching for new sources and at some point only private lenders, mobsters will take the risk of lending money to this person.
Then it's when the situation becomes really dangerous, because these people won't solve a non-paid loan issue through a legal action in a court. They go after the gambler and his family and in worse cases, well, you know what I mean.

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August 31, 2021, 08:34:16 PM
 #57

This will drive up crypto adoption imo. Just because people can't use their credit cards doesn't mean that they will stop gambling. They will find something else. It will be either their debit cards or their crypto balance. Since it is a child's play to buy/sell crypto now they will probably avoid the headache of using banks again and use crypto instead. That's the most logical way to approach this ban.
I don't think ban on credit card would drive crypto adoption since they still have debit cards and fiat on land casinos. Sure, if they also banned debit cards, then people don't have a choice other than crypto. I believe the idea is to forbid playing with the money that you don't have (aka borrowing money for gambling). I'm 70% supporting this policy, 30% against because people should be free to choose even if it means destroying their own life.
^ I fully support it 100%.
This is because that probably their government thinking about their people not becoming problematic when it comes to their financial status and yes, there is a large percentage that gamblers will be burden into huge debt when debit cards are allowed to use in gambling. But it does mean they had no option but at least they had a limit when they only have cash on their hand or in online gambling they use cryptocurrency, less percentage of having debt and avoid using a debit cards.
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August 31, 2021, 08:50:13 PM
 #58

Bookmakers have agreed to an industry wide ban on credit cards apparently they are a part of an updated code of safe gambling practices introduced by IBA. Therefore if you do live in Ireland then you have to take care of these things. It will be both applicable in online and offline shops.

People who do problem gambling, borrow money from savings accounts, credit cards, and after burning that they borrow from near relatives. After losing a huge amount they just try to raise funds by borrowing to place bigger bets than before In the hope that he will overcome the previous loss. If luck helps then it is good, otherwise, these problem gamblers are a threat to family and society. There is no trouble in banning credit cards to protect gamblers in cases of addiction, they can use debit cards in this case.


it's interesting to think the government is interested in protecting people too when this is usually not the case, but yes you are right, gambling can be quite a big social problem and it pays to protect people from it, the credit card ban is just a reflection of other things in society

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August 31, 2021, 08:51:26 PM
 #59

This will drive up crypto adoption imo. Just because people can't use their credit cards doesn't mean that they will stop gambling. They will find something else. It will be either their debit cards or their crypto balance. Since it is a child's play to buy/sell crypto now they will probably avoid the headache of using banks again and use crypto instead. That's the most logical way to approach this ban.
I don't think ban on credit card would drive crypto adoption since they still have debit cards and fiat on land casinos. Sure, if they also banned debit cards, then people don't have a choice other than crypto. I believe the idea is to forbid playing with the money that you don't have (aka borrowing money for gambling). I'm 70% supporting this policy, 30% against because people should be free to choose even if it means destroying their own life.
^ I fully support it 100%.
This is because that probably their government thinking about their people not becoming problematic when it comes to their financial status and yes, there is a large percentage that gamblers will be burden into huge debt when debit cards are allowed to use in gambling. But it does mean they had no option but at least they had a limit when they only have cash on their hand or in online gambling they use cryptocurrency, less percentage of having debt and avoid using a debit cards.
Doesnt matter if they do block a certain way to gamble because there are still other ways for you to do so and also i dont really see that debts could be lesser because even you do speak

that cryptocurrency could be used then it is still considered spending which isnt really a good idea at all.Just like what others been saying that it is somehow showing some protection
towards their citizens which is a good move.

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August 31, 2021, 09:10:48 PM
 #60

Worthless proposition from worthless authorities. Gamblers won't stop gambling and going into debt because credit cards and advertisements are going to be censored. There are another ways to acquire credit to gamble and I would say they are much more dangerous if compared to credit cards... Or maybe these gamblers can just move to another country to play without any problems.

If the people who introduced this ban were really worried about gamblers, they would firstly worry about the mental health of the players and help them with that. That is the root of the problem.
Credit Card ban may play positive role in this case because it's easy to spend money that's on credit card but it's hard to spend the real cash. Belive it or not, this is reality. People look at credit card balance like just a mathematical numbers and spend them very easily while it's hard for people to spend cash out from their pocket.

Advertisement bans may be good for the future generations. When kids see the advertisements, they are getting interested in gambling. It's easy money after all and that's what kids want and they can't think critically.

But overall, to be fair, I prefer full freedom in this case. Adult means that he/she can make decisions on his/her own, so controlling him like a child in this case isn't necessary.

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