YOSHIE
Legendary
Offline
Activity: 2226
Merit: 1779
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2023, 02:57:50 PM |
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What is the maximum number of bets that one can place per day, and do casinos have a system in place to identify any unusual spikes in a user's daily betting activity?
As far as I know, gambling has probabilities and activities that are implemented by casinos by having mechanisms and perceptions for different users in each casino and different levels of betting, different mechanisms differ in games, whether it's sports games, slots and so on. Bottom line: the casino can identify each bet placed by the user in different games, for this reason it is highly recommended that users before placing a bet always consider the payout rates available by the casino, so that users don't have problems with guaranteed payment of winnings, even though the bets placed are calculated by the casino. Would it be regarded as a component of the casino's responsible gambling policy or as interfering in someone else's affairs it they lock the gambler's account?
Yes, the casino has the right to that, if they can't afford to pay the winnings, like I said above, it's really necessary to choose a casino that is responsible for the user's winnings.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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aioc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2023, 03:07:24 PM |
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A gambler made 163 bets in a day and the the casino said it acceptable. Because for some high-rolling gamblers, losing around one-third of a bankroll is considered acceptable. This gambler is in court. He accuses the operator of failing to stop him, which led to a substantial loss. He said that, "the betting activity didn’t raise any red flags at Bet365, and if it did, it didn’t raise them high enough. It took the operator two months to step in after the massive deposit to verify the source of funds, at which time he was already down £46,907 (US$58,657)."
Everything will rely on the casino's terms, players, when they sign up, agree to the terms, and if on the terms there's no limit and it's up to the gambler to control his bets then it's going to be a loss case, he doesn't have a good lawyer his lawyer knows that this is a lost case and like another complaint in the scam section his lawyer is just going to milk him, he should get a second opinion to enlighten him if he should continue the case, anyway I look at this case its a loss case and many will agree that it is.
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slapper
Legendary
Offline
Activity: 2044
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
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May 21, 2023, 03:14:38 PM |
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Boom! An enigma that reads more like a gumshoe novel than a humble episode at a casino table! Feels like 'Casino Royale' collided with 'Judge Judy'! This concept of a daily bet cap - isn't it akin to limiting how much candy a child should get at a fiesta? Overindulgence is detrimental, we concur. But who draws the line? The casino overseer? Isn't it alarmingly like the serpent guarding the garden?
Isn't it beguiling to muse about the duties of these betting titans? Visualize an algorithm stating, "That's enough roulette for today" and blocks your access! Are we to entrust our ethics to AI? Or will we soon be reading, "Rebel AI Squanders User's Fortune - Insists it's For His Benefit"? Remember, everything that shines isn't treasure, particularly in the dazzling aura of the casino.
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molsewid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2023, 03:29:08 PM |
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What is the maximum number of bets that one can place per day, and do casinos have a system in place to identify any unusual spikes in a user's daily betting activity?
As far as I know, gambling has probabilities and activities that are implemented by casinos by having mechanisms and perceptions for different users in each casino and different levels of betting, different mechanisms differ in games, whether it's sports games, slots and so on. Bottom line: the casino can identify each bet placed by the user in different games, for this reason it is highly recommended that users before placing a bet always consider the payout rates available by the casino, so that users don't have problems with guaranteed payment of winnings, even though the bets placed are calculated by the casino. Would it be regarded as a component of the casino's responsible gambling policy or as interfering in someone else's affairs it they lock the gambler's account?
Yes, the casino has the right to that, if they can't afford to pay the winnings, like I said above, it's really necessary to choose a casino that is responsible for the user's winnings. Yes they have the right to do such things but that thing is unethical and it will be a reason why people will avoid their casino, but technically they can do it better to read the T&C of every casino he will going to play his money with so that he will not regret something that beyond the things that he know. I agree he should always check the payout rates.
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virasisog
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2023, 03:31:23 PM |
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A gambler made 163 bets in a day and the the casino said it acceptable. Because for some high-rolling gamblers, losing around one-third of a bankroll is considered acceptable. This gambler is in court. He accuses the operator of failing to stop him, which led to a substantial loss. He said that, "the betting activity didn’t raise any red flags at Bet365, and if it did, it didn’t raise them high enough. It took the operator two months to step in after the massive deposit to verify the source of funds, at which time he was already down £46,907 (US$58,657)."
Everything will rely on the casino's terms, players, when they sign up, agree to the terms, and if on the terms there's no limit and it's up to the gambler to control his bets then it's going to be a loss case, he doesn't have a good lawyer his lawyer knows that this is a lost case and like another complaint in the scam section his lawyer is just going to milk him, he should get a second opinion to enlighten him if he should continue the case, anyway I look at this case its a loss case and many will agree that it is. The casino's terms of service will unquestionably affect the likelihood that the case will be successful. The majority of casinos don't set betting limitations because doing so would be beneficial to their business and they wouldn't care if certain wagers were losers, but others do monitor player activity and impose limits on their gambling activities. But in my opinion, a responsible gambler shouldn't base all of his limitations on the casino. It is our personal obligation to limit our urges to gamble, especially if we are going overboard. We must use caution when establishing limits and allocating money for gambling. We can't always hold the casino responsible for our poor choices and actions.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2023, 03:54:23 PM |
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The casino is not responsible for someone losing at gambling because when that person is gambling, the casino assumes that the person is aware of the risk of losing his money. The casino assumes that the person can be responsible for himself and his money in gambling so that it will free the person to play gambling.
And it seems that the casino can tell which gambler has lost a lot of money and the casino can tell that he has gambled too much. And maybe the casino has done it but the gambler just doesn't care. We don't know what happened and can only guess.
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Webetcoins
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 22, 2023, 09:56:19 AM |
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Lol, why would the operator stop him if he isn't stopping himself? And how is the operator responsible for anything that he had lost? If the bets that he made were all wins or at least he was in a lot of profit, he would probably never think of doing such a thing and wouldn't even mention that placing 163 bets was a crazy move since it would have worked out for him.
I literally hate those people who doesn't have the courage to accept their mistakes and take responsibility for what they've lost themselves but instead go ahead and blame others for what has happened to them when in reality, others have nothing to do with it.
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BenCodie
Legendary
Offline
Activity: 1666
Merit: 1037
6.25 ---> 3.125
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May 22, 2023, 10:04:53 AM |
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I find it interesting that cryptocurrency exchanges generally limit withdrawals to $5,000-$10,000 a day for non-verified users, and this law is very highly enforced by authorities/exchange operators. Yet, betting companies still allow someone to deposit and gamble $20,000+ a day without any verification required, and only look into the matter after the gambler themselves raises a complaint (generally after the gambler loses). I am also sure that if the gambler one, bet365 would have done everything in their power to make the winnings difficult to withdraw.
There definitely needs to be some reform in both the crypto and fiat gambling sectors. It's long overdue.
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Davidvictorson
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 22, 2023, 02:39:42 PM |
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Ideally, if a person gambles every day, that is 7 times per week, which should be almost 28 days of the month, the casino should reach out to the customer because this is not responsible gambling at all. And if the individual refuses to quit, there should be a notice that their account would be frozen if they don't bring it under control.
What these gambling addicts are trying to do is that they want to eat their cakes and still have it. This is why casinos have to be very meticulous and serious about their business because these weak links can cost them a lot of money where their lawyers find lapses. When gamblers take gambling operators to court it doesn't look good for the casino's name and business no matter whether the final judgement is in their favour.
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