Impact of underage gambling?

[fiulpro]

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 do think that the age is something that does not define how mature the person is for real, I do think that the most important part would be analysing the person personally which is something that might not happen since this is impossible to do therefore, I do think that the right age would be 21 for sure.

At the same time I do think that kids are impressionable and if their parents are addicts then I do this might not really work for the long term kids will grow up thinking this attitude is fine.


Plus it's really important to understand the fact that kids gets addicted really fast, so right knowledge and right direction must be given to them at an early age and they should learn about it instead of being in absolute dark.

[Tessnik]

Underage gambling should be discouraged because the young can’t handle risk and can easily get addicted to gambling, which may hurt their life in the future, but again, once you are 18 and above, you can gamble. Gambling is a highly addictive.

[TimeTeller]

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.

Being underage has indeed emotional vulnerabilities and most of the time, they are young enough to make smart decisions for themselves.
I won't suggest the best age to get involve in gambling because for me, if you can let them not to get involved as long as possible, much better.
If you can't avoid it, it is better if they are already working and earning for themselves, so they know the value of money.
If they are working hard to get that money, they would know how to spend their funds wisely.
There are so many not-so-good consequences when a kid gets addicted to gambling, which will give you the impression not to let them involve in this addictive industry.

[Rruchi man]

...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?

If you check properly, you will see that most of the young folks making money via the crypto currency space are not doing it mostly through crypto gambling.

For any thing that involves staking on the chance, because of it's very addictive nature, i believe you should as much as possible help kids make the right decisions until you are certain they can do it on their own and that is restricting them from all forms of gambling till they come of age.

There are other profitable aspects of the crypto space that you can show to kids instead of crypto gambling i believe.

[Tumanggor]

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?

where do you get the information a lot of young people are now getting money from crypto gambling?

I still think the right age to play gambling (safe) is when they can get a steady income

btw, gambling is still a bad thing for young people. Don't teach the young people around you what gambling is, let them find out for themselves when they want and are ready

[haidil]

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

I never thought that the age standard is mandatory to start gambling. This does not mean that every age under the age can gamble. What I mean is that there is no obligation if one is an adult then one has to jump into gambling. Gambling is not a learning obligation. So I think that gambling is not something that every young man should engage in, they have different hobbies and different ways of making money. Not only in gambling, but the ideal is that the older he gets, the more he knows how to earn an income.

[markdario112616]

Well, I guess for gambling itself, I rather let them explore it. I mean, I won't recommend nor teach my kid or a kid to do any sort of gambling. but since we are in a technological era, in which even Kids have their own gadgets and internet, they could easily access and be aware of anything. So yeah, I would let them explore on their own. Up to the point when they cross the path of any gambling related activity, then I would step up and explain the Pros and Cons when they asked. But won't let them engaged on it up until I see that they're responsible enough to handle such thing.

[oktana]

Underage gambling is not just because of the addiction but because kids are unlikely unable to manage money. Considering that they have lower knowledge and experience, it is a waste to let them gamble knowing they could lose all. Besides, gambling is very risky in the sense that you could lose all your money in one bet. On the other hand, crypto is somewhat different as you can forever have the same unit of a token/coin, just that there's fluctuation in its worth. So, it is more based on the risk, IMO.

[Slow death]

but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.

I hope you know that there is a difference:

1 - young people earn money from investments in cryptocurrencies

2 - young people are in the gambling that most of them lose money

are two different things, and it is known that most people lose money in gambling

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

It is a consensus among most countries in the world that being 18 is already of age and responsible for themselves and casinos only allow people over 18 to use the casino, so your answer is 18 years old.

[madnessteat]

I think that we should try to keep children away from gambling until they can understand what dire situations gambling addiction can lead to. Some are able to understand it when they are 14 years old and some will never understand it no matter how many times we explain or forbid it to them. That's why I don't think it's right to talk about age when we're discussing gambling. I never rely on the state in such matters and I believe that each of us should control our own children regardless of age restrictions on gambling in any country.

[carlfebz2]

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 wont never recommend gambling on any kid or underage because this shouldnt really be introduced on them on earliest years of their lives but rather focus on other things which is arent really related to this.

Yes, it can give out that chance on making money but doesnt mean that it would be sustainable or really that ideal for those kids to involved on.Gambling is for entertainment and not for source of income.

Play gambling when you are matured enough on where you could able to handle up your emotion and you are fully aware in regarding with your actions.

[Fredomago]

but in recent times we see how young folks are making a positive impact and making money for themselves through the cryptocurrency space.

I hope you know that there is a difference:

1 - young people earn money from investments in cryptocurrencies

2 - young people are in the gambling that most of them lose money

are two different things, and it is known that most people lose money in gambling

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

It is a consensus among most countries in the world that being 18 is already of age and responsible for themselves and casinos only allow people over 18 to use the casino, so your answer is 18 years old.

I should be clear as stated!  there are differences between these two things, number one is more on a wiser side if young folks invest into crypto and managed to find the right asset to earn, they are doing the right thing and have a better future ahead.

Though number just like how you described it, most young gamblers suffer lots of worse things when participating at this early stage. The corruption in mind leads them to get addicted and lose a lot of money and time.

and in terms of best age, I also agree that allowing young adult who already 18years old may able to explore and suit themself up into gambling whether they will proceed or choose to walk the other way.

[alegotardo]

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?

In my country, the government is only now starting to talk about financial education in schools. But I see that there are many children "playing" in gambling without having the slightest knowledge of finances, this is absurd.
I don't know if there is a right age, each country has a different culture, different habits, and different education.

I think that before the age of 18 no one should bet on gambling, and even people over 18 who do not have an income (they still depend on their parents, for example) should be banned from gambling.

[wxa7115]

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?

Kids should not involve themselves with gambling no matter how responsible you think they are, it is that simple, kids simply do not have the abilities to deal with gambling as they have not matured enough to be considered to be responsible for their actions.

Besides most kids do not have their own source of income and instead they rely on their parents, and no parent is going to agree to give their kids money so they can gamble with it, so I do not think there is a discussion to be had, kids should not gamble even if they believe they can win as most of the time this is an illusion and it is not true at all.

[gagux123]

In my country, the government is only now starting to talk about financial education in schools. But I see that there are many children "playing" in gambling without having the slightest knowledge of finances, this is absurd.
I don't know if there is a right age, each country has a different culture, different habits, and different education.

I think that before the age of 18 no one should bet on gambling, and even people over 18 who do not have an income (they still depend on their parents, for example) should be banned from gambling.

To paraphrase what @alegotardo said...
They are talking about financial education in schools (especially in high-level private schools).
But I believe that, depending in the culture of the country, its habits in relation to gambling, I believe that it is valid to educate these children/teenagers about the dangers that this could happen in the future.

[goinmerry]

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?

There's no age restriction for me as young folks have different stands and knowledge. What if even at a young age, they are responsible gamblers right away. They know their limit, they know the do's and don'ts and they are just taking gambling as a side activity.

I'm not surprised at those young ones gambling. What I'm more surprised about is at that age, they are interested in crypto. Already knows the basics of setting up a wallet and the most surprising, they already have money to spare on gambling at that age lol. How can they deposit crypto as KYC is necessary at exchanges? Likely today, teens are mostly hardcore gamers and will just play those games. Even betting for it. But not on the crypto side playing in crypto gambling sites.

[agustina2]

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.

It's correct and I agree. As long as the person is matured enough to know the risks they are going into, I don't mind if they are still at a young age or not. Respect at those young ones that are matured already and able to think properly compare to some adult gamblers. I won't stop these young ones to gamble but I do hope their mature thinking won't change in the long run.

There are still lots of challenges these young ones will encounter while gambling. Since they gamble early, they will be more responsible and skilled gamblers in the long run as long as they continued. But since they are young ones, I doubt the majority of them will be gambling addicts right away. At that age, they are still mostly trolling at their social life and friends. They are also involved mostly in sports and other social activities. Not purely on gambling as a form of entertainment.

[Hypnosis00]

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?

For their young age, I don't see gambling as a good venue to learn about crypto life. Although some did it and make some money and since it was gambling, I don't suggest for them to get involved but rather to encourage them to stay away from this.

Honestly, they couldn't get a better future with this but might only it causes addiction which I don't want to happen. Early exposure to gambling makes their mind that instead of going to school and learn, they'll be thinking now different. Are they enjoying their life as a kid? No, they don't which I'm not preferred with it.

[harizen]

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?

We can't stop them if they really want to gamble. The more they are limited to some things, the more they will be aggressive and will find ways to gamble.

Let's just do our best to educate them and talked to them nicely that gambling is risky. Sometimes, they are just dragged by their friends and so and that was part of social relationship that we can't control.

Trust them that they won't end up badly doing gambling. Teach them to become responsible. that's the only way we can helped them.

[dbc23]

Maturity should be considered not age considering that many factors could lead an under-aged fellow into gambling. I came to discover many underaged gambler although not all have control over their emotions compared to adults.

The perfect age for an individual to engage in gambling is when the person can handle emotions and has a source of income then they can gamble because the responsibility that comes with earnings would help reduce excessive gambling