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Author Topic: Impact of underage gambling?  (Read 601 times)
passwordnow
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September 21, 2021, 09:12:30 AM
 #61

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?
If it's still a kid then just don't, there's no best age for them while they're still a kid. That category is already enough not to let them engage in any related gambling activity, crypto or fiat.
But if it's about knowing more about cryptocurrencies, any age that is very open to the idea is good but as they learn more about it. Better to discuss not gambling on them.

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September 21, 2021, 09:41:19 AM
 #62

  Yes there's a big impact of underage people playing Gambling it could be mentally, financially, and physically but the most things affected which is Mental cause a young people need an affection ,care, guide, and discipline in order to avoid this addicted on playing Gambling the Thing could stop this will only the parents they will guide and give a little strict to their underage child , discipline them, give them an interactive activity, and lastly create na intimacy bond on them to make them busy so that they can forgot doing Gambling at all times.
Supervision that is too tight will also not have a good impact on the child, but letting it hang out freely is also very likely to fall into negative associations. Because most of them will be affected from the association and then, with them gambling and doing other activities that basically they are not yet allowed to do so without realizing it is their way of showing their identity to be recognized. Cases like that have happened a lot and I think some children will always do it for generations and some don't, it's like something black and white that keeps on going.

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September 21, 2021, 09:43:45 AM
 #63

I do not recommend underage to playing gambling before they are mature. Even if they are already mature, they do not have to play gambling because they can do many other positive things instead of gambling. The impact for them from gambling is they can become addicted to gambling at their ages and will not have to do anything else except playing gambling. They can steal their parent's money to be used for just playing gambling. If you have children, you must take care of them carefully and not let them use their gadgets freely without supervising them.



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September 21, 2021, 09:58:00 AM
 #64

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?
Can you share the ratio between kids who are winning to kids who aren't winning?? Maybe at around 1:100 or even lesser.
I bet you are only focusing yourself on the kids who are winning and you are forgetting how many of them are losing their money.

Is the phrase "best age for a kid to involve into crypto gambling" even applicable?? Well, as for me I don't want an underaged person to involve himself into gambling but nowadays most of these young people are using the internet and there will be a time that they will see an advertisement of a crypto gambling website and the like.

Overall, there is no best age for a kid to get involve into gambling because as much as possible its better if they will stay away from it. We know already the consequences and the possible effects of it into a person right? Lets not involve these young kids into crypto gambling.

 
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September 21, 2021, 11:10:17 AM
 #65

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?
Can you share the ratio between kids who are winning to kids who aren't winning?? Maybe at around 1:100 or even lesser.
I bet you are only focusing yourself on the kids who are winning and you are forgetting how many of them are losing their money.
actually he does not Implying about Kids are winning what he pointed is that young are making money here (I believe most are in trading)
Quote
Is the phrase "best age for a kid to involve into crypto gambling" even applicable?? Well, as for me I don't want an underaged person to involve himself into gambling but nowadays most of these young people are using the internet and there will be a time that they will see an advertisement of a crypto gambling website and the like.
yes best to clear this , or maybe it is Crypto/online gambling? since this is gambling discussion no matter if Fiat or crypto we are talking.
Quote
Overall, there is no best age for a kid to get involve into gambling because as much as possible its better if they will stay away from it. We know already the consequences and the possible effects of it into a person right? Lets not involve these young kids into crypto gambling.
but also remember that not everyone is loser mate, there are still some people who become successful in their gambling careers .

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September 21, 2021, 01:33:52 PM
 #66

Underage gambling is happening everyday, but, for me underage gambling in zero ability games and with sums of money beyond a mere playful kind of thing are certainly a no-no. I do remember that when I was young and Internet did not exist, we had to come up with games to play with other and many time involved some short of wager. Nothing wrong on that.

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September 21, 2021, 06:38:15 PM
 #67

  Yes there's a big impact of underage people playing Gambling it could be mentally, financially, and physically but the most things affected which is Mental cause a young people need an affection ,care, guide, and discipline in order to avoid this addicted on playing Gambling the Thing could stop this will only the parents they will guide and give a little strict to their underage child , discipline them, give them an interactive activity, and lastly create na intimacy bond on them to make them busy so that they can forgot doing Gambling at all times.
It always ended up with care and affections that parents provide, your kids will be out of danger in any cause if you as parent take full responsibilities, not just by providing all the basic needs but most important is the attention that you are bringing to your kids, keep them near you and let them busy interacting with you and not with their devices.

The value of parenthood should always be intact. The bond and the love will keep your kids away from any possibilities that will harm them along the way, not just gambling, since there are many other addictive offers this innovated technology brings to our kids. Young adults are the one who will suffer if the guidance from the parent is away.

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September 21, 2021, 06:51:18 PM
 #68

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 draw a single line for everyone because not everyone in this world is same so it depends on everyone but each government has their own age restrictions so better to stick with that and also we have a thread for that in bitcointalk so we can find different age category in different countries.

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September 21, 2021, 07:12:45 PM
 #69

The value of parenthood should always be intact. The bond and the love will keep your kids away from any possibilities that will harm them along the way, not just gambling, since there are many other addictive offers this innovated technology brings to our kids. Young adults are the one who will suffer if the guidance from the parent is away.

Over time, I've got to hear a lot of persons say, a child that wants to be spoilt or wayward would be no matter how you try and it makes sense but, its not always so. That's the bitter truth most parents don't want to accept for them being and at there job with the up bringing of a child.
There are certain upbringing of a child that would instill in the child the consciousness of trying to do right and playing cef by that, I don't mean gambling but, doing his or her best to be a good societal individual. When regulations are set, even without being monitored, the ward becomes cultured enough to follow them. It's an up bringing! It could be a clear path form an unhealthy habit and addiction!

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September 21, 2021, 07:57:35 PM
 #70

The value of parenthood should always be intact. The bond and the love will keep your kids away from any possibilities that will harm them along the way, not just gambling, since there are many other addictive offers this innovated technology brings to our kids. Young adults are the one who will suffer if the guidance from the parent is away.

Over time, I've got to hear a lot of persons say, a child that wants to be spoilt or wayward would be no matter how you try and it makes sense but, its not always so. That's the bitter truth most parents don't want to accept for them being and at there job with the up bringing of a child.
There are certain upbringing of a child that would instill in the child the consciousness of trying to do right and playing cef by that, I don't mean gambling but, doing his or her best to be a good societal individual. When regulations are set, even without being monitored, the ward becomes cultured enough to follow them. It's an up bringing! It could be a clear path form an unhealthy habit and addiction!
In the end of the day, children would really make out their own decision despite of being guided that much with their parents but somehow it would really be influenced since they are already aware

or on what on the things been said to them on early age then that somehow will really help them to avoid on such activity or they might involved on but they are aware about addiction which is something
good.

Nowadays we cant really 100% to look after our kids activity but proper parenting would really be the best thing.

R


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September 21, 2021, 08:45:11 PM
 #71

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
The minimum age for drinking is 21 years in my country and that is what the minimum age should be for gambling. With the advancement of technology anyone could gamble in the comfort of their home without verifying the age for some of the new gambling sites and i think they should verify the age of everyone who are gambling in their platform. I never liked KYC but when you are faced with a situation where under aged users are gambling then it is a bigger problem than i think it was.
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September 21, 2021, 09:51:17 PM
 #72

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
There’s no best age for the kids to get involve in any kind of gambling, they must be on legal age before trying to gamble.

There’s a lot of risk on this if they get exposed at an early age, imagine the old gamblers are still can’t control their emotions what more the underaged? Parents should be more responsible on this.

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September 21, 2021, 09:59:33 PM
 #73

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
There’s no best age for the kids to get involve in any kind of gambling, they must be on legal age before trying to gamble.

There’s a lot of risk on this if they get exposed at an early age, imagine the old gamblers are still can’t control their emotions what more the underaged? Parents should be more responsible on this.
Legal age is something in 18+ years of age which i do agree on but for sure there are kids who are below than that is already doing gambling activity because age is just a number and awareness is something different

on every person.Some are matured enough and some arent really still prepared on what they are dealing with thats why we do see various situations which is totally different to each other because it isnt all talking
about negative side.

This is why parents should be watchful into their kids about involvement on things online because they would be exposed on various things.

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September 21, 2021, 10:18:17 PM
 #74

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
The minimum age for drinking is 21 years in my country and that is what the minimum age should be for gambling. With the advancement of technology anyone could gamble in the comfort of their home without verifying the age for some of the new gambling sites and i think they should verify the age of everyone who are gambling in their platform. I never liked KYC but when you are faced with a situation where under aged users are gambling then it is a bigger problem than i think it was.

Each country has different rules regarding the minimum age for drinking alcohol and gambling. But usually most countries allow people to gamble
over the age of 18-21. And these regulations are carried out well for traditional casinos which are indeed easier to control. The problem is that online
gambling has not been maximal in carrying out these rules, because children under the age of 18 can still play online gambling. Most gambling sites
do not enforce KYC procedures. Besides, today's children are very smart, they can use someone else's identity to pass the KYC procedure.
So the best solution is to go back to parental supervision, to keep a close eye on their child.

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September 21, 2021, 10:30:49 PM
 #75

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
Wait until they grow up and when they can already stand on their own, with what I mean standing on their own is that they have their own jobs or livelihood.

They shouldn't be gambling with their parents money because if they do then they shouldn't gamble at all.

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September 21, 2021, 10:49:06 PM
 #76

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?
Make senses. Nowadays, most children's activities are online, because of this pandemic. Many children focus most on their gadgets, online activities during the day.
And of course, learning online will make them very bored, bored, and stressed.
And as we know, there are so many advertisements about online gambling introduced on many websites with big jackpots and other very interesting rewards. And most kids can access that even they must falsify their age when accessing the gambling site. But in fact, there are many kids that are interested to play gambling.
Playing online is very enjoyable, moreover when they think that by gambling, they can also earn money (although actually, this is not easy enough)
And they may be addicted after that.

if the children have been in gambling addiction, there will be also other negative impacts to them likely only focusing on the game, forgetting about their tasks of school, getting money wherever they can get, and others.
That is why we as parents must be careful and pay attention more to our kids about what they are doing and the probabilities that they may be changing every day.

Actually, about ages, every country has their own regulation at which age they can play gambling.
And I ever wrote a thread about this:
https://bitcointalk.org/index.php?topic=5230360.msg53962700#msg53962700

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September 21, 2021, 11:04:32 PM
 #77

What is the best age a kid should get involve in online crypto gambling and what is your recommendation for that?
Wait until they grow up and when they can already stand on their own, with what I mean standing on their own is that they have their own jobs or livelihood.

They shouldn't be gambling with their parents money because if they do then they shouldn't gamble at all.

Also, they don't know how much sacrifice their parents are doing just to get a hold of that money. So if they are earning on their own, they would know how hard it is to earn money. They can also start earning money at an early age like baby sitting or mowing the lawn, so they will know the value of money at an early age. I don't think they will gamble it if they know how much time they spent just to earn those money.
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September 22, 2021, 12:09:46 AM
 #78

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?
No parents and gambling sites will allow minors to play, but somehow because it is too easy, kids can finds their way to sign up and play on online gambling sites, kids are very vulnerable, they have no idea what they are up to in gambling all they want is to have fun and satisfy their curiosity, I don't know the positive impact of kids playing gambling, I still won't allow kids to play, unless they are in parental guidance.
The best age for kids to get involved is still 18 when they can differentiate addiction to playing and they fully established their character, when it comes to gambling, the character is very important.

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September 22, 2021, 12:11:21 AM
 #79

The age differs maybe on country bases. Imo I don't think there should be a major restriction, especially if the kid earns. Also, some kids have superb brain and they can make better predictions and aswell higher cash outs. If there be a way the they kids can play with maybe a consent letter by the parents. I think there would not be problem with that. Let the parents or guidance be aware of the kids betting habit. If it's a consensus, no problems.

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September 22, 2021, 04:51:20 AM
 #80

I do not recommend underage to playing gambling before they are mature. Even if they are already mature, they do not have to play gambling because they can do many other positive things instead of gambling. The impact for them from gambling is they can become addicted to gambling at their ages and will not have to do anything else except playing gambling. They can steal their parent's money to be used for just playing gambling. If you have children, you must take care of them carefully and not let them use their gadgets freely without supervising them.

Can't imagine the thought of letting an underage to play gambling because I am not only seeing the fact that they are winning but also the side effect of having the happiness of winning which they will think that winning in gambling would be easy. Emotions being attached to gambling would lead a certain person to being so hook up in the game. T think the only age for a person to play gambling is when he/she already knows how to handle everything like emotional attachment, cope up with the losses and move on. To be honest there is no certain age of proper gambling unless a person is matured enough to handle everything.
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