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Author Topic: PROS AND CONS OF CRRYPTOGAMBLING.  (Read 1500 times)
virasisog
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June 06, 2022, 04:23:50 PM
 #241

It is precisely because of online gambling that it makes no sense to try to keep gambling illegal, before online gambling was a thing someone which wanted to gamble would need to find an underground casino and be in company of people which most likely you would not want around you, but now the only thing you need to gamble is to have a computer and Internet access, and if you also want to retain some level of privacy you could get some bitcoin and then gamble with it, so those governments which are against gambling need to think again, as they are losing a great deal of revenue by having this attitude that does not make sense anymore in a world that is interconnected.
In the countries where gambling is ban - for them it is ban - if any government would try to legalize it they will face a backlash.
So government try to play save. Because for the community No Gambling means No gambling at all even if it brings huge profit. The call is the money earned from the gambling -- not Halal.

Countries that banned gambling wouldn't ban it for no reason. I believe that they have huge reasons for banning gambling in their country regardless of the huge taxes that they could get from it. Once they ban it, I don't think they aren't firm with their decision. Banning also has pros and cons in each country and I'm sure that the government focuses on the cons that made them ban it.
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June 06, 2022, 04:33:01 PM
 #242

Pros and cons of cryptogambling is absolutely similar to the normal gambling. You risk to become addicted from it, also you have:

PRO:
- Play in anonymous way, no KYC required
- Deposit and Withdraw in fast way
- Odds seems to be more higher than traditional bookmaker, if you consider sportsbook.

CONS:
- Value of bet is not stable, it depends from Bitcoin Value
- High risks to not be paid if you don't choose the right platform.


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blatchcorn
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June 06, 2022, 04:45:45 PM
 #243


Countries that banned gambling wouldn't ban it for no reason. I believe that they have huge reasons for banning gambling in their country regardless of the huge taxes that they could get from it. Once they ban it, I don't think they aren't firm with their decision. Banning also has pros and cons in each country and I'm sure that the government focuses on the cons that made them ban it.

You can defiantly ban gambling in a country like placing ban on casinos and blocking online casinos but there is no way you can ban crypto gambling. The biggest pros of crypto gambling is that it opens window of gambling for people living in gambling restricted region. But the other side of this advantage is that kids under 18 years are also getting addicted of gambling. I would say crypto gambling has more side effects then good effects.
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June 06, 2022, 09:19:38 PM
 #244


Countries that banned gambling wouldn't ban it for no reason. I believe that they have huge reasons for banning gambling in their country regardless of the huge taxes that they could get from it. Once they ban it, I don't think they aren't firm with their decision. Banning also has pros and cons in each country and I'm sure that the government focuses on the cons that made them ban it.

You can defiantly ban gambling in a country like placing ban on casinos and blocking online casinos but there is no way you can ban crypto gambling. The biggest pros of crypto gambling is that it opens window of gambling for people living in gambling restricted region. But the other side of this advantage is that kids under 18 years are also getting addicted of gambling. I would say crypto gambling has more side effects then good effects.
That is correct - but the countries where gambling is banned. People find another to entertain themselves through crypto gambling and hence they get a few extra bucks, once they are finished these people return to the place again for work.

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June 06, 2022, 09:39:27 PM
 #245


Countries that banned gambling wouldn't ban it for no reason. I believe that they have huge reasons for banning gambling in their country regardless of the huge taxes that they could get from it. Once they ban it, I don't think they aren't firm with their decision. Banning also has pros and cons in each country and I'm sure that the government focuses on the cons that made them ban it.

You can defiantly ban gambling in a country like placing ban on casinos and blocking online casinos but there is no way you can ban crypto gambling. The biggest pros of crypto gambling is that it opens window of gambling for people living in gambling restricted region. But the other side of this advantage is that kids under 18 years are also getting addicted of gambling. I would say crypto gambling has more side effects then good effects.
That is correct - but the countries where gambling is banned. People find another to entertain themselves through crypto gambling and hence they get a few extra bucks, once they are finished these people return to the place again for work.
A never ending story,right?

People would never ever learn and instead of saving up those money or funds for something better or priorities.They do instead spend it up all in gambling which is something i dont see for it to be that worth i would

say on which you are doing hard work just for spending it all in an instant which we know that this isnt something that ideal specially if you do have responsibilities specially on having a family.
gambling is for fun and never ever tend to go beyond the border line specially on spending up money which is more than that you can afford to lose.

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