Impact of underage gambling?

[Wiwo]

So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

[Gozie51]

It depends on the country regarding there laws distinguishing the old age, adulthood, young or youth age, adolescent and child. That is how that line can be drawn. With that given, you can then understand appropriate age that the law stipulate for the young to be considered an adult or knowledgeable enough to make and be responsible for there decision. This is different from country to country depending on the maturity level of the children in the countries. But the age for independence of young person for many countries is from 17/18 years, I think those are the age that is appropriate for young gamblers. And the impact of underage gambling is always negative for the individual because they become addict and abuse it when they play excessively.

[Smartvirus]

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

Is it really necessary that one needs to go into gambling?

Not like its a crime or anything but gambling is such a daring field of human endeavor that, only the matured minds and financially stable individuals could handle. It could frustrate a person or affect one's mental health completely. I recently viewed a clip of some gambler pleading that his money be given back after losing on a virtual bet. It was sad to see how the money meaned a lot to the individual and yet he gambled & lost it. Unfortunately with the site of gambling where the CEO is far from reach, your money can't be given back, its business. You don't give back a win so, same applies to the loses.

Gambling has a way of affecting your mind and the way one thinks. I saw a thread on the forum lately, I don't want to mention the user but, the user is an under age individual that tried some gambling and confused that, its all he or she could think about while in school. You just want to get home and try out some new games. Either You loose or gain, it drives your thought towards making money or recovering some lost funds.

So, gambling goes beyond age, its maturity and your economic standing.

[finaleshot2016]

So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

I guess the normal age that is legal is 18? IMO, even some kids are now earning through cryptocurrency and most of it is earned from NFT games but I think that it's still dangerous for them to get involved in gambling. The thing we needed is a good understanding of the consequences of our actions in gambling, it will lessen kids of getting involved on it since they will be more cautious due the dangerous outcomes of it. Decision making is one of the important things in life, if those kids can't even decide for themselves so what more in gambling, prolly gonna lose a lot because they're not hesitant to play.

[Kong Hey Pakboy]

So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

Just because a lot of young people make money in crypto space doesn't mean that we allow them to gamble, I think that underage gambling is still a problem no matter what medium they use, remember that underage should be the stage where they develop interest and skills.

[alpamar99]

there is no rule that every child must gamble. Let them choose their own path when they grow up.
and what I want to emphasize is that looking for money and wealth does not have to be a gamble because indeed if the reason you introduce your child to gambling is just to seek wealth it is a big mistake and one of the stupid actions of parents.

What is the best age a kid should get involved in online crypto gambling and what is your recommendation for that?

your thinking is too directed towards gambling to forget that in crypto there is not only gambling.
Gambling in crypto is the very last thing you should teach because before that you have to tell your child that this is the place to invest for the future as well as to trade.
if the child already knows and understands about this you can only tell more things than that, for example, such as gambling, although I do not recommend things like this to my children.

[rhomelmabini]

So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

It will always depend on every country's policy in regards to children who should have consent over gambling activity on either local or online. Most will agree on 18+ age as the consent age but what's more questionable is where they'll get that money they're using for gambling? I think the best age for a person to make his vice like gambling be sustained is when he can afford to lose it or he has job that may get those money to be played on a casino.

[julerz12]

So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.

Meh. Regardless of how many millions they make as long as it is "gambling", there are still huge risks, not just addiction. Impacts include fines, probation, and even worse jail time.
As a kid, you wouldn't want a record on you at such a young age. The overall well-being of a kid could be altered due to his/her gambling addiction.

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

None. A kid should not be taught how to gamble in the first place.
Crypto-space is huge and offers a lot of opportunities to learn. Better to get them to be involved with what makes the cryptoworld works. Blockchain, coding, etc.

[gagux123]

I think this is an interesting point, because most of the time it is relative.
For example, it depends on the laws that the countries have in relation to gambling (child, teenager or adult), maybe the ""culture"" of the country has a certain influence for the individual, and another relevant point is in relation to treatment, because I believe that this can be considered an addiction, if the person cannot control himself, because everything that is too much can be harmful to the person.

[uneng]

As long as the teenager earns his own money I think he has the right to gamble if he wants. And actually age doesn't mean a lot in gambling. For addicted people, for an example, doesn't matter how old they are, gambling isn't for them, never. While for a responsible adolescent, it can be an entertaining hobby without further prejudice.

Nowadays there is a lot of polemics regards this matter, but the truth is children have always seen adults gambling and it has been part of their lives for many following generations. In the end only few presented issues with addiction during their adulthood. It makes believe the problem isn't in gambling exposed to underage, but in the psychological of few underage instead.

what is your recommendation for that?

The recommendation is to never see gambling as a job. Don't expect to earn an income from it for a living. Beware of people promising strategies or gameplays too good to be true on the internet. And never hide your gambling habits from your family.

[Sterbens]

My question to the OP is: is there any data and evidence to suggest an impact in certain areas that is already legal on this impact on minors? Do not be too skeptical and make gambling as if it has entered the concrete operational area of ​​children. They are with their world and we still see that today they are just busy playing games.
Keep in mind that there will always be closer scrutiny of how we don't find that data anywhere. So it would be great if you provide us with reliable data and which area you are talking about.
If there is no relevant evidence, then this is just a warning, so far children are not familiar with this type of crazy gambling. Their world is just play and play.

[Maus0728]

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

In US, the legal age to gamble is between 18-21 years old^[1] but that doesn't mean that everyone within that bracket range is recommended to gamble. The things is, most of them isn't financially educated, which makes them unaware of the underlying risks involved.

Also, as @julerz12 have said, there are lots of opportunities to earn money in cryptospace and it isn't limited to just gambling. At an age of 18 and above, I am sure that they have an interest on technical side of things in crypto, and it could be coding, engineering, or even NFT's that involves digital drawing skills.

[1] https://www.oceanalaw.com/legal-gambling-age/

[qwertyup23]

.... but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

Young folks are making a positive impact in making money through cryptocurrency investment or trading. Though there may be a possibility of a few kids who profited in crypto gambling, I do not see any possibility for an underage kid to be exposed to this highly addictive act.

With regards to your second statement, a "KID" should not be involved into crypto-gambling until he or she is on or above the legal age of their country. The effects of gambling to a person are highly destructive as it has the potential of ruining one's life if left untreated or unsupported.

[acroman08]

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

but why should they get involved in the first place? as much as I like gambling online I don't recommend or encourage people to try and gamble online especially if it is a child/kid. and if a kid gets exposed to it by accident and starts asking questions. be truthful and do not sugarcoat anything when you are explaining the pros and cons of gambling. I've seen too many people explain gambling by what price they could get and leaving out what you could lose when gambling.

[ralle14]

I don't think there's any best age aside from the legal gambling age provided by the government because there are people who have a different perspective on gambling and how they deal with it. Even though underage gambling is inevitable I think one can still be responsible enough but at the same time they need a deep understanding on how to manage such habits because it can easily spiral out of control. As much as possible I wouldn't recommend gambling to those who are underage given how destructive it can be as you can simply influence someone just by asking them to play with you.

[terrorJR]

my view may be a little different,
regardless of what age they enter crypto it is not important but one thing is certain is when children are able to choose and determine which is the best and are responsible for what they choose, that's where they can be said to be adults regardless of what age it is. Teenage phase doesn't matter. because if something is pegged only by age it will not be true because everyone has a different process and mindset, for example, suppose there is a child who is still in his teens but can become an adult in attitude, character and action and the other way around. some should be in adulthood but they are still children.
well here age is not important as long as they can become adults why not.

other than that don't see crypto as a place for gambling, this is not what it should be.
you have to look at the side of crypto that has been formed until now, namely investing / trading.
gambling does exist and can be done through crypto but only a small number of people do it and you don't have to teach it to your child before your child understands the real crypto.

[Yogee]

...but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

What I understand from this is you assume young folks are making money through crypto gambling. How about crypto day trading and investing? I think that's where youngsters earn most of their money and not on gambling.

There is no best age for a kid to gamble. Just be of legal age and don't use your allowance.

[Raflesia]

It is not required for a child to gamble, let alone what age is recommended because this can indeed affect them early if it is required.

However it depends on government policy and in each country to regulate the minimum age law for gambling is allowed, maybe in the US 18+ is allowed, but in my country gambling is still prohibited so this is still against the rules and I Doing this is not overtly gambling, it will still be with this online gambling, we are easier to play, but this is also inseparable from children who cannot be avoided from this.

[pawanjain]

So often at times, we are always warned not to allow kids to get involved in gambling and one of the major reasons is that gambling is a highly addictive activity, but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.
What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

Everything has their own pros and cons and in gambling I think the cons outweigh the pros.
Gambling addiction is very bad and while the adults find it difficult to quit gambling it will become even harder for children to quit it.
Teenagers get influenced easily and I think it will become easier for scammers to target these underage teenagers to fall prey for their scams.
Teenagers don't earn enough money and if they get addicted to gambling at this stage then they might start stealing money for gambling.
These are just some of the negative scenarios and I think underage gambling will only have more of negative impacts on them.

[xSkylarx]

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?

but why should they get involved in the first place? as much as I like gambling online I don't recommend or encourage people to try and gamble online especially if it is a child/kid. and if a kid gets exposed to it by accident and starts asking questions. be truthful and do not sugarcoat anything when you are explaining the pros and cons of gambling. I've seen too many people explain gambling by what price they could get and leaving out what you could lose when gambling.

However, unlike adults, young people are extremely vulnerable. I believe you are simply observing and noticing them. You don't seem to know them very well. They aren't addicted to it, as you believe. You can imagine that if a young person becomes addicted to gambling at a young age, he or she will be more likely to engage in illegal activities or extort money from their parents just to play. This is just one of the many consequences. I believe they should be informed of the danger.