swogerino
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February 05, 2023, 07:10:00 PM |
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I don't believe online casinos enjoy seeing a gambler lose money. ~Snip Any thoughts?
I think they do want their "customers" to remain happy so that they will keep coming back. Although casinos, just like any other business care about their profits more than anything else. Which can be morally right or morally wrong, depending on the different perspectives. But they do need to make money if they wish to survive as a business, thats a fact. But I do believe that they would not want to do anything that might anger their customers. Obviously, making sure their customers participate in responsible gambling is part of that. They are placing those reminders as default reminders to the players. It is like a friendly reminder to the gamblers so they won't be too hard to the casino. So it seems they want to take care of their players by being mindful of what they do. But of course, let's accept the fact that casinos want to earn profits and more. Again the casinos are forced by the law to implement a section of their website to talk about gambling responsibly,haven't you guys seen a lot of ads in TV-s,mostly on channels that stream soccer games that during the 15 minutes break between the half time and full time we get bombarded with a lot of gambling and casino ads and they all end in the same way,either be gamble aware either gamble responsibly.This is forced by the governments of such countries and even in online casinos they have to deal with the country that they have the license from to operate.In the end a casino is a business and they don't care that much if you go broke as long as they are achieving their final goal which is maximizing profit.
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Wakate
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February 05, 2023, 07:38:44 PM |
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The business model of casinos is very straightforward, they offer a service and they earn money with it, however unlike the majority of the services where we can hire a person we can have a sense of loss after gambling, a sense of loss which is not there when you hire a plumber for example, then casinos need to strike a balance between getting as much money as possible from the clients and at the same time to keep those same clients happy, and in a way this explains all the bonuses casinos are willing to giveaway to diminish those negative feelings.
The business model is as simple as you have explained. They give out a product for you to buy and then make sure that you are satisfied with the product whether you are winning or losing. They make sure that even though you are making loses, the few bonuses are available to you to keep going and keep gambling. They make there money from the product you buy and if you keep winning that is fine but they will balance that from others who might be having a bad time with the way they handle the product. It ether you play man's you win or you play and you lose, two things involve.
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redsun114
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February 05, 2023, 08:26:40 PM |
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That's true. Not all of them are too cruel and want's gamblers to lose more money for their own gain but some are kind and care too about their customers. That is why they gave a warning or a reminder if a gambler is already gambling excessively. They can also offer exclusion and lastly, they can do some donations. It's only sad that there are still gamblers who can't follow all those guidelines and got carried away by the hype cause of gambling.
At the end, casinos are still being blamed which are wrong and this why they got a bad reputation over time when they are only intention at the first place is to provide another form of entertainment to the public.
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lionheart78
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February 05, 2023, 08:32:05 PM |
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I don't believe online casinos enjoy seeing a gambler lose money. Online casino is a business so people losing money means profit for the platform. When there is profit from a legit business, even though people are losing money, I believe online casino are happy. I'd like to believe that they only want responsible gamblers to patronize them. I do not think so, I believe they put responsible gambling on their site to comply with the regulation and at the same time reminds players about it. They believe they have a moral obligation to present some suggestions for responsible gambling to the general population. It is also logical to believe that if they could assess visitors for gambling addiction, those who failed the test would be banned from signing up. Because they can't, they've created a section of their website with guidelines for responsible gambling. So, even if the house always wins, which is good for their business, it is your responsibility to bet responsibly. I believe more than a moral obligation but legal obligation to make reponsible gambling available in their service tool. Any thoughts?
Self-discipline is the key coupled with knowledge on risk managment and financial management. That's true. Not all of them are too cruel and want's gamblers to lose more money for their own gain but some are kind and care too about their customers. That is why they gave a warning or a reminder if a gambler is already gambling excessively. They can also offer exclusion and lastly, they can do some donations. It's only sad that there are still gamblers who can't follow all those guidelines and got carried away by the hype cause of gambling.
At the end, casinos are still being blamed which are wrong and this why they got a bad reputation over time when they are only intention at the first place is to provide another form of entertainment to the public.
I agree, it is not the casinos fault why people are having financial difficulty. It is the lack of discipline and knowledge on bankroll managment that makes people suffer huge losses. The casinos are just offering their services it is up to the gambling on how he will use them.
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darewaller
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February 05, 2023, 09:15:35 PM |
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I don't believe online casinos enjoy seeing a gambler lose money.
Casinos have their house edge, and that's how they make money: the more people wager on their platform, the more the casinos earn. They don't care whether you are losing or winning as long as you are wagering. And, of course, they don't enjoy someone losing much more than he/she can afford to lose. It can potentially create troubles for a particular casino and gambling industry in general. No one needs that. So, contrary to popular belief, casinos are not interested in people losing all their money to them. Casinos want to see responsible gamblers on their platforms, not some gambling addicts. I think I already saw a crypto casino which doesn't have a house edge on them and there are also casino whose house edge is so tiny. Maybe these types of casinos are the ones who cares the most to their players. They still can earn in other ways like by putting some advertisements on their site. The players can also voluntarily click on it to help increase the earnings of that site. Casinos can earn through house edges and that is why they offer different forms of bonuses and as well as other features which can make the gambler come back on their site to wager/play more. They do care of course when someone wins because it's a loss for them.
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harizen
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February 05, 2023, 10:56:49 PM |
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I think that if all casinos had that, it would be ideal, a protection system to prevent players from becoming addicted. Self-exclusion, like the service offered in Stake. It's a program to help that involved user to stay away from the site. However, it's only Stake-related stuff obviously that the user will be able to avoid but with lots of gambling sites around, the temptation is always there. For me, no need for such programs or advice from gambling sites if only we know how to control ourselves and try our best to become responsible, as always.
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STT
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February 05, 2023, 11:55:11 PM |
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Not sure its about enjoy or not, just about avoiding damaging a market of players and the prospect of regular gambling. Someone blowing their budget is not good for them or ultimately the long term usage and prospects of that sites revenue. There is probably a mutual benefit to ensuring players dont over cook their gambling, its my basic advice that its best to stay regular not chase wins or pursue a loss expecting it'll turn around on that particular session imo just come back another time is best policy so session limits is good practice.
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goinmerry
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February 05, 2023, 11:58:18 PM |
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That's true. Not all of them are too cruel and want's gamblers to lose more money for their own gain but some are kind and care too about their customers.
I don't think that the usual disclaimer or advice we see on casinos to gamble responsibly is really caring about their customers. It's just that, it's mandatory to put that disclaimer as these are gambling companies. If casinos do really take care of their customer's money, you should see lots of limit-activity programs on the site. Don't be blinded that the casinos are worried about their users losing money if you see those gambling responsibly advice posted on their sites.
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Hispo
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February 06, 2023, 01:36:06 AM |
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I think that if all casinos had that, it would be ideal, a protection system to prevent players from becoming addicted. Self-exclusion, like the service offered in Stake. It's a program to help that involved user to stay away from the site. Ironically enough, self-exclusion programs only work if the gambler acknowledges there is a problem or something bad going on with their gambling habits, which at the same time requires a minimum of self-awareness. Casinos cannot assume whether their gamblers are responsible or not, because it is not practical from their point of view and their business are not watching over the finances of grown up adults. It is also a question of will and freedom and not only responsibility.
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ethereumhunter
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February 06, 2023, 06:19:30 AM |
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That is a recommendation from the casino for people before they register at the casino. Still, I don't think that those people will take the time to read but will register immediately so they can immediately deposit their money and play gambling games. Casinos provide advice like that because they have a responsibility to gamblers even though it will return to each gambler. If a gambler can be wise in gambling, he will not spend too much money, let alone use money that exceeds the limit. He will manage his money to gamble and will stop when he feels he has had enough gambling.
IMO, it's not necessary to read because if you are a responsible person, you already know the risk of gambling, and of course the possibility of what will happen to you if you will not gamble responsibly. A good example of irresponsible gamblers is those gamblers who are having big debts because they can't control their addiction, and eventually, they'll become homeless. But we know that many people can't be responsible when they play gambling and don't read the TOS or even the casino's advice, making them use a lot of money and experience big losses. For gamblers who already know that, they can skip it and not read it but if they also can't be responsible with themselves and their money, it won't be of any use either. In this case, we cannot blame the casinos for what happened to us because of our lack of self-control in gambling. The casino will argue that those who gamble have lost self-control even though the casino has informed them that everyone must be properly responsible while gambling and must treat gambling as entertainment.
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BenCodie
Legendary
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February 06, 2023, 07:15:54 AM |
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I don't believe online casinos enjoy seeing a gambler lose money. I'd like to believe that they only want responsible gamblers to patronize them. They believe they have a moral obligation to present some suggestions for responsible gambling to the general population. It is also logical to believe that if they could assess visitors for gambling addiction, those who failed the test would be banned from signing up. Because they can't, they've created a section of their website with guidelines for responsible gambling. So, even if the house always wins, which is good for their business, it is your responsibility to bet responsibly. The following are some of the responsible gambling guidelines I found on Livecasino.io, Duelbits, TrustDice, and others. They all have the same idea. - Treat your betting and gaming as a form of entertainment and only use money that you have set aside for your entertainment. - Do not bet or wager amounts larger than you are comfortable with. - Do not bet or wager with money you cannot afford to lose. - Do not chase your losses. - Do not let your betting and/or gaming take up time that you would usually spend on other activities.
Any thoughts? In my opinion, a gambler who is surpassing leisure in any way will completely skip over these words and continue to violate them. Providing these services and putting these words here is ironic at best. I guess it's better to have them than to not for the sake of their business than to not though.
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passwordnow
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February 06, 2023, 07:29:22 AM |
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Another one is those people that borrow money to gamble. They are not responsible as they can't even gamble with what they have and want to do more with others' money as a result of their addiction and losing self-control. In this case, we cannot blame the casinos for what happened to us because of our lack of self-control in gambling. The casino will argue that those who gamble have lost self-control even though the casino has informed them that everyone must be properly responsible while gambling and must treat gambling as entertainment.
The casinos have always been reminding and giving the option for each gambler to continue or not. We're all free to do and continue gambling if we want to and they've done their part of reminding everyone.
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Oasisman
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February 06, 2023, 08:53:23 AM |
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I don't believe online casinos enjoy seeing a gambler lose money. I'd like to believe that they only want responsible gamblers to patronize them. They believe they have a moral obligation to present some suggestions for responsible gambling to the general population.
Any thoughts?
I thought differently. Casinos would love to see people lossing their money, because that means a good profit for them. Well, no matter how many times a user wins, if he's not gonna stop betting while he still has the winning money, he'll end up lossing eventually. The only responsibility that an online gambling is more concern of, is keeping their reputation clean by being fair all the time.
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AmoreJaz
Legendary
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February 06, 2023, 09:10:24 AM |
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Another one is those people that borrow money to gamble. They are not responsible as they can't even gamble with what they have and want to do more with others' money as a result of their addiction and losing self-control. In this case, we cannot blame the casinos for what happened to us because of our lack of self-control in gambling. The casino will argue that those who gamble have lost self-control even though the casino has informed them that everyone must be properly responsible while gambling and must treat gambling as entertainment.
The casinos have always been reminding and giving the option for each gambler to continue or not. We're all free to do and continue gambling if we want to and they've done their part of reminding everyone. the reminder is there as part of their compliance to their license. even if they want their players to lose, still they are required to put those statements regarding gambling responsibly stuffs. that's part of getting their license. just the regular reminder from the authorities towards gambling activities. so whether the gambler abide such reminder or not, it doesn't matter to the casino. because at the end of the day, it is yourself who is in control of your gambling activities. the casino won't stop you from playing.
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xSkylarx
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February 06, 2023, 09:56:04 AM |
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In this case, we cannot blame the casinos for what happened to us because of our lack of self-control in gambling. The casino will argue that those who gamble have lost self-control even though the casino has informed them that everyone must be properly responsible while gambling and must treat gambling as entertainment.
The casinos have always been reminding and giving the option for each gambler to continue or not. We're all free to do and continue gambling if we want to and they've done their part of reminding everyone. it is also part of their terms and condition and permission to operate , but again it is always in our hands how do we control our selves even if they are not reminding us it is still in our self to blame if we got addicted that is why we need to control in terms of gambling. Reminding those gamblers are very essential also as it can trigger our mind about the bad aspects or outcome of gambling and made our self think twice unlike without this we do it without hesitation
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Plaguedeath
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February 06, 2023, 11:18:21 AM |
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the reminder is there as part of their compliance to their license. even if they want their players to lose, still they are required to put those statements regarding gambling responsibly stuffs. that's part of getting their license. just the regular reminder from the authorities towards gambling activities. so whether the gambler abide such reminder or not, it doesn't matter to the casino. because at the end of the day, it is yourself who is in control of your gambling activities. the casino won't stop you from playing.
The same applies with self exclusion, they're offering this feature in order to complete the regulation and license, there's no solid statement too about how long the account will be locked, I've remember someone can open his account after 1 week, but another one need 1 year and it's from the same casino. The casino have no way to know how much is the money you can afford to lose and your monthly paycheck, except they've asked you to complete KYC verification. If the casino is care with the gambler, they need to lock the account when the gambler exceed average lose in some period of time. Example: 1 day: -$1,000 1 week: -$5,000 1 month: -$200,000
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len01
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February 06, 2023, 11:54:45 AM |
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I thought differently. Casinos would love to see people lossing their money, because that means a good profit for them. Well, no matter how many times a user wins, if he's not gonna stop betting while he still has the winning money, he'll end up lossing eventually. The only responsibility that an online gambling is more concern of, is keeping their reputation clean by being fair all the time.
I slightly disagree with your statement. casinos are gambling companies that want their companies to make profits but at least the gambling companies also don't want people to be too crazy to give those profits out of control. Other companies apart from gambling also want profits, such as tobacco companies that want profit income from the business they are running but also don't want everyone to get sick from smoking. so the company gives a warning smoking is not good. so it's the same as a gambling company that wants to get income from the business that has been established but also doesn't want its customers to be irresponsible in betting and lose all the money they have.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Strongkored
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February 06, 2023, 12:03:20 PM |
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I don't believe online casinos enjoy seeing a gambler lose money. I'd like to believe that they only want responsible gamblers to patronize them. They believe they have a moral obligation to present some suggestions for responsible gambling to the general population. It is also logical to believe that if they could assess visitors for gambling addiction, those who failed the test would be banned from signing up. Because they can't, they've created a section of their website with guidelines for responsible gambling. So, even if the house always wins, which is good for their business, it is your responsibility to bet responsibly.
During a pandemic, one of the businesses that made the most profit was a business that provided everything for funerals, but I'm sure they weren't happy about the deaths of many people at that time although the business will benefit greatly because of it, so I agree that gambling sites don't like losing gamblers, even though they are benefit from it but seeing responsible gamblers will be more like it because they will also avoid accusations of cheating because irresponsible gamblers sometimes they feel cheated for a loss. Any thoughts?
Indeed, many say just to do gambling because it's just for fun, but it's not easy, especially if players always think about being able to profit, so pleasure will only be obtained even if we lose, if we use the money we can afford to lose.
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ultrloa
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February 06, 2023, 12:11:32 PM |
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I thought differently. Casinos would love to see people lossing their money, because that means a good profit for them. Well, no matter how many times a user wins, if he's not gonna stop betting while he still has the winning money, he'll end up lossing eventually. The only responsibility that an online gambling is more concern of, is keeping their reputation clean by being fair all the time.
I slightly disagree with your statement. casinos are gambling companies that want their companies to make profits but at least the gambling companies also don't want people to be too crazy to give those profits out of control. Other companies apart from gambling also want profits, such as tobacco companies that want profit income from the business they are running but also don't want everyone to get sick from smoking. so the company gives a warning smoking is not good. so it's the same as a gambling company that wants to get income from the business that has been established but also doesn't want its customers to be irresponsible in betting and lose all the money they have. Not actually because we don't know the owners and for most provably they are not running a business to take care someones welfare. Businessman always think about their profit so they spend a lot of money on marketing to convince people to play on their casino so for that they are aiming for their own gain that's why house always have the advantage because this is made for their own profit. Those warnings written is all about compliance they want to became a user friendly platform since it can give good impression to the people who read about those text written.
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mvdheuvel1983
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February 06, 2023, 01:32:17 PM |
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Any thoughts?
This is a good thread, but from what I see, these online casinos just put this information there for the sake of formality. They know that there are regulatory bodies that visit their website, and these are some of the things they would look out for. Also, they know that people would likely put out reviews for their site and would appraise them either positively or negatively if these write-ups or information were missing. And lastly, it seems like the moralistic thing to do.
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