Viscore
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June 16, 2023, 11:29:33 AM |
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In my country, Lotteries are used as a Milk cow for the government.... because they milk the operator of the Lottery for bribes (to get the license) and also to force them to sponsor community projects. They also get a huge tax boost from the operator and also the people winning these draws. I think gambling is accepted, because the governments of this world gets something from it..so as long as bribes are paid and tax are collected.. gambling will be approved. (This is why some countries do not allow foreign operators) ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) In our country, the government operates the lottery, so they don't need to rely on operators to generate revenue. While this approach may seem beneficial as the funds generated can be used for public projects, it also indicates that the government is actively promoting gambling to the people. It is widely known that gambling can contribute to the financial struggles of individuals, especially those who are already disadvantaged, and the lottery often attracts a predominantly low-income audience.
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Crypt0Gore
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June 16, 2023, 12:12:12 PM |
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I doubt if billions of people around the world are into gambling, I will like to use my family for example, only two out of a family that consists of 100s of people do gambling, and that includes me and a cousin.
Many people know how dangerous gambling can be for them, some chooses not to have a taste of it at all, they choose to stay away and they hate gambling to the core.
I know gambling is very risky but how can it be life threatening when all you risk is few bucks you made from your salary or extra income? Start risking 10$ or 30$ to win 100$ or 500$, this will never hurt you, unless you are those greedy idiots that want gambling to be their source of income, then you will deserve what's coming.
Start using amount that wont hurt if you lose it and stop dreaming for a life changing opportunity using gambling, the worst things of life is not too far away from you if you start dreaming great things with gambling.
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Pmalek
Legendary
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Playgram - The Telegram Casino
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June 16, 2023, 12:30:49 PM |
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One of the main reasons is the perception of risk. Certain forms of gambling, such as sports betting and casino games, are perceived as high-risk activities that can lead to significant financial losses. On the other hand, lotteries are seen as a relatively low-risk option... And in reality, it's the other way around. Bingos and lotteries are purely luck-based products. Sports betting, on the other hand, is a combination of luck and skills/knowledge. Your odds of winning are much higher when you bet on sports than when you want to win the lottery. You can make a single bet and profit from it, while in a lottery you need to guess several number sequences to win.
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l3pox
Legendary
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There's no need to be upset
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June 16, 2023, 01:05:55 PM |
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One of the main reasons is the perception of risk. Certain forms of gambling, such as sports betting and casino games, are perceived as high-risk activities that can lead to significant financial losses. On the other hand, lotteries are seen as a relatively low-risk option... And in reality, it's the other way around. Bingos and lotteries are purely luck-based products. Sports betting, on the other hand, is a combination of luck and skills/knowledge. Your odds of winning are much higher when you bet on sports than when you want to win the lottery. You can make a single bet and profit from it, while in a lottery you need to guess several number sequences to win. That is correct though sports betting skill component is still much smaller than poker, let’s say. In a composition of games inside a casino usually there’ll be much more luck games than skill ones. Not so hard to understand why. Right?
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pawanjain
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June 16, 2023, 03:58:27 PM |
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Reason 2: Social acceptability Certain entertainment carries a greater degree of social acceptance compared to others. For instance, bingo is commonly regarded as harmless, while roulettes, sports betting, poker, or blackjack often carry negative associations, including addiction and irresponsible behavior.
Many people have a negative attitude to gambling, not even realizing that their passion for bingo is also gambling addiction. This case is interesting because people generally don't classify bingo or lotteries as forms of gambling.
As far as I know, lotteries are considered as gambling and this is why many families in my country doesn't allow their family members to take part in it. Since they consider it as gambling they are afraid that the individual may get addicted to it. This is true because lotteries are indeed addictive and my dad also buys lotteries few times despite me telling them not to buy them. I consider it a waste of hard earned money but he's reluctant and thinks he will win a fortune some day.
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darkangel11
Legendary
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Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
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June 16, 2023, 07:24:31 PM |
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I highly doubt that between 1.6 billion and 4.2 billion people around the world gamble. Those numbers are very far-fetched. The number of active gamblers should be less than 500 million. The people, who gambled less than 5 times a year cannot be considered gamblers. Lotteries might be more acceptable than casinos, but that doesn't mean that everyone accepts them. The lotteries are called "a tax for the stupid" for a reason. OP, it seems that you have copied some generic article about gambling from somewhere. Can you at least post a link to the source of information?
You've answered yourself why the statistics are so high. People who gamble very little, like few times a year are counted as well as those who buy lottery tickets. I personally know a guy who gambles almost every single day buying lottery tickets and scratchcards. You may think there's less gamblers around the world, but with the easy access to online gambling people could be doing it while taking a dump. You may not even know that your partner is a gambler because he does it in the toilet.
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so98nn
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June 16, 2023, 07:59:54 PM |
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Attitude to the casino games This is true in so many senses. I never understood the concept of simple lotteries, they are printed somewhere and they expect us to believe that they have published the winning ticket in the market. There was a time when companies just looted peeps for money. Everyone started buying the tickets and no one used to be a winner but only a few who supposedly were the company peeps. This is horrifying and can not be trusted just like that. In the case of the casino games it's straight with the volatility factor playing against us. Either casino wins all, the gamer wins all, both win equally or the cycle goes on multi-directional based on the algorithm that is in play. I am sure everyone can also see the "seed" that is played and verify the entire game session or every roll that was made in it. That's why it is far safer bet for every one of us rather than printed lotteries. That has worst odds anyways.
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serjent05
Legendary
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Merit: 1276
Up to 300% + 200 FS deposit bonuses
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June 16, 2023, 09:01:53 PM |
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Attitude to the casino games This is true in so many senses. I never understood the concept of simple lotteries, they are printed somewhere and they expect us to believe that they have published the winning ticket in the market. There was a time when companies just looted peeps for money. Everyone started buying the tickets and no one used to be a winner but only a few who supposedly were the company peeps. This is horrifying and can not be trusted just like that. This is one reason why the government handles huge lotteries and they even banned employee relatives to a certain degree in order for the lottery to be executed without prejudice. Even though the government oversee this kind of event, I still think there are times where the result is fixed or rigged. In the case of the casino games it's straight with the volatility factor playing against us. Either casino wins all, the gamer wins all, both win equally or the cycle goes on multi-directional based on the algorithm that is in play. I am sure everyone can also see the "seed" that is played and verify the entire game session or every roll that was made in it. That's why it is far safer bet for every one of us rather than printed lotteries. That has worst odds anyways.
Yeah, the good thing with crypto gambling is that we can verify the provability fair of the game through the game hashes produced every roll.
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goaldigger
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June 16, 2023, 09:12:13 PM |
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In my country, Lotteries are used as a Milk cow for the government.... because they milk the operator of the Lottery for bribes (to get the license) and also to force them to sponsor community projects. They also get a huge tax boost from the operator and also the people winning these draws. I think gambling is accepted, because the governments of this world gets something from it..so as long as bribes are paid and tax are collected.. gambling will be approved. (This is why some countries do not allow foreign operators) ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) This is how the government operated the lotteries and yes, they are making a lot of money here and that’s why there’s a lot of issues going on, on how they manage this lottery agency and how they choose the winners most of the time make people doubt about the result. Regulations will always take place, if the government will not benefit on that then don’t expect for them to accept it, this will always their top priority on giving out the license to operate.
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TimeTeller
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June 16, 2023, 09:59:59 PM |
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I highly doubt that between 1.6 billion and 4.2 billion people around the world gamble. Those numbers are very far-fetched. The number of active gamblers should be less than 500 million. The people, who gambled less than 5 times a year cannot be considered gamblers. Lotteries might be more acceptable than casinos, but that doesn't mean that everyone accepts them. The lotteries are called "a tax for the stupid" for a reason. OP, it seems that you have copied some generic article about gambling from somewhere. Can you at least post a link to the source of information?
You've answered yourself why the statistics are so high. People who gamble very little, like few times a year are counted as well as those who buy lottery tickets. I personally know a guy who gambles almost every single day buying lottery tickets and scratchcards. You may think there's less gamblers around the world, but with the easy access to online gambling people could be doing it while taking a dump. You may not even know that your partner is a gambler because he does it in the toilet. Talking about real gamblers, we can't determine the number of it, but we can say, the number is high. People who are into lotteries alone are quite big in population. But if we remove the lottery population, the number can decline fast. People have different approach towards gambling, because we have different financial status in life and priorities as well. Now, if you think you value your time and money, and don't want the risk, the less chance you will subject yourself into gambling. But I can agree that it is very easy for one person to be attracted in any gambling game, after all, you can at least fun and entertainment out of it.
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CarnagexD
Sr. Member
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June 18, 2023, 01:27:16 PM |
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In my country, Lotteries are used as a Milk cow for the government.... because they milk the operator of the Lottery for bribes (to get the license) and also to force them to sponsor community projects. They also get a huge tax boost from the operator and also the people winning these draws. I think gambling is accepted, because the governments of this world gets something from it..so as long as bribes are paid and tax are collected.. gambling will be approved. (This is why some countries do not allow foreign operators) ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) This is how the government operated the lotteries and yes, they are making a lot of money here and that’s why there’s a lot of issues going on, on how they manage this lottery agency and how they choose the winners most of the time make people doubt about the result. Regulations will always take place, if the government will not benefit on that then don’t expect for them to accept it, this will always their top priority on giving out the license to operate. That is also the reason why despite the fact that gambling could have a negative effect on society, the government still legalizes gambling in a monitored form. Because if they don't, many people could get hooked in a worse gambling site that cannot be regulated. Gambling sites also generates large income which is taxed by the government. Because regardless if it is legalized or not, people will still find a way to gamble, then it is a smart move to the government to have a level of tolerance to let gambling operate.
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qwertyup23
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June 18, 2023, 03:13:23 PM |
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Artificial intelligence is involved in the future even more people in the casino. The gambling industry cannot be stopped About lotteries - I do not believe and do not buy tickets
Lotteries I do believe but I don't buy tickets as you need to play several years for every week or bi weekly when they held the draw of them and the chances to win after several years still remain slim.Of course the gambling industry cannot be stopped as they come up with all sort of new slot machines which greatly deceive you that they are not taking your money when in fact they are taking it,they operate with the "slow killing" mode of operation and we rarely are aware that our money is going away.Whatever attitude we have toward gambling we need to make sure to not cross the line as after that level only bad things are in serve for us. When it comes to lottery, I do personally view it as an act of donation and I never expect anything as a return. Given that lottery tickets are relatively cheap, there is relatively little to no harm to just try your luck everyday for a chance of winning instant retirement from your lifestyle. In my country, lottery tickets are cheap and almost everyone tries it. I have witnessed several people who won at least once a week and there is no harm to just try it, well at least on my end. With regard with AIs, nothing can stop its revolutionary innovation in the future but I still doubt that it can affect the gambling industry significantly. Sure, it may help gamblers with data but that is its limitations.
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madnessteat
Legendary
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June 18, 2023, 03:42:06 PM |
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In my country, Lotteries are used as a Milk cow for the government.... because they milk the operator of the Lottery for bribes (to get the license) and also to force them to sponsor community projects. They also get a huge tax boost from the operator and also the people winning these draws. I think gambling is accepted, because the governments of this world gets something from it..so as long as bribes are paid and tax are collected.. gambling will be approved. (This is why some countries do not allow foreign operators) ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) This is how the government operated the lotteries and yes, they are making a lot of money here and that’s why there’s a lot of issues going on, on how they manage this lottery agency and how they choose the winners most of the time make people doubt about the result. Regulations will always take place, if the government will not benefit on that then don’t expect for them to accept it, this will always their top priority on giving out the license to operate. That is also the reason why despite the fact that gambling could have a negative effect on society, the government still legalizes gambling in a monitored form. Because if they don't, many people could get hooked in a worse gambling site that cannot be regulated. Gambling sites also generates large income which is taxed by the government. Because regardless if it is legalized or not, people will still find a way to gamble, then it is a smart move to the government to have a level of tolerance to let gambling operate. Think about what is easier for the state - the issuance of licenses for gambling activities and its control, taxes to the treasury or the illegal gambling market, control of these activities. Of course, most states will choose the first option, since it will allow not only to receive taxes, but also to take the gambling market out of the grey zone. At the same time the authorities do not care that in this case the level of dependence on gambling among citizens will increase. Most likely we will see a completely different statistic in the newspapers - lower unemployment and higher taxes in the treasury.
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ethereumhunter
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June 18, 2023, 04:19:46 PM |
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That is also the reason why despite the fact that gambling could have a negative effect on society, the government still legalizes gambling in a monitored form. Because if they don't, many people could get hooked in a worse gambling site that cannot be regulated. Gambling sites also generates large income which is taxed by the government. Because regardless if it is legalized or not, people will still find a way to gamble, then it is a smart move to the government to have a level of tolerance to let gambling operate.
Maybe the only reason the government doesn't ban or legalize gambling is that the gambling business is a source that can get huge profits through taxes provided by the government. The government will also know who often gambles and wins a lot so that the government can give them higher taxes according to the amount they earn from gambling. And for people who play gambling, they only know that gambling can provide a better life change, especially if they manage to win a lot of money. But many of them are not ready if they lose, which finally creates problems for them.
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dothebeats
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June 18, 2023, 04:43:52 PM |
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Maybe the reason why people don't see bingo (or lotteries) as forms of gambling is that the risk of addiction is perceived also as lower, compared to other games like poker or slots. We make the difference between soft and hard drugs, so I would say that we unconsciously make the same comparison when we think about different games..
Good point, though hard drugs or soft drugs, people can still be addicted to them just the same. It's just that the time they need to spend in order to finish one game or sessions is longer than those on casino games and card games, plus the usual prize is lower, so are the stakes, so it might seem that no one gets addicted to it as the effects aren't as pronounced. But yeah, OP is write, people still get addicted even in such things, so the key really is moderation, as with everything too, of course.
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slapper
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June 18, 2023, 08:29:24 PM |
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I doubt if billions of people around the world are into gambling, I will like to use my family for example, only two out of a family that consists of 100s of people do gambling, and that includes me and a cousin.
Many people know how dangerous gambling can be for them, some chooses not to have a taste of it at all, they choose to stay away and they hate gambling to the core.
I know gambling is very risky but how can it be life threatening when all you risk is few bucks you made from your salary or extra income? Start risking 10$ or 30$ to win 100$ or 500$, this will never hurt you, unless you are those greedy idiots that want gambling to be their source of income, then you will deserve what's coming.
Start using amount that wont hurt if you lose it and stop dreaming for a life changing opportunity using gambling, the worst things of life is not too far away from you if you start dreaming great things with gambling.
Your take on gambling seems more personal than well-rounded. Not everyone's into gambling, as your family scenario shows. But let's not forget billions do gamble, and for many, it’s not just for fun. Some avoid gambling because they understand its pitfalls, but this doesn't change that lots of folks are lured by gambling's charm, whether due to curiosity, need, or the lure of easy bucks. Saying that betting a bit of your pay isn't dangerous can mislead. It might not threaten lives, but it can ruin them. The risk isn't just in lost bucks but in the addiction, broken relationships, and emotional mess that gambling can cause. Not all small betters turn into 'greedy idiots,' but many could, due to addiction's grip.
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Oilacris
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June 18, 2023, 08:35:00 PM |
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Criticism Criticism towards gambling persists,
I'll be focusing into this one on which it is really that something that do persist but it would really be on certain communities or even we do speak about religious aspect or area on which gambling does have this kind of impression that it is really that a bad thing which we know that it is mixed with some part of truth but not totally 100%. We do know that gambling is for fun and the only mistake on which people do end up on bad things is that they do really that engage that much into it on which it is really that resulting into devastation of their lives on which it would really be the only side on where people would be seeing and not actually trying out to learn on where it did begin. Everything would really be rooted up and basing on what are the decisions you had made, whether you had tolerated such addiction or simply ignore until things becomes worst.
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molsewid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 18, 2023, 08:45:31 PM |
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Maybe the reason why people don't see bingo (or lotteries) as forms of gambling is that the risk of addiction is perceived also as lower, compared to other games like poker or slots. We make the difference between soft and hard drugs, so I would say that we unconsciously make the same comparison when we think about different games..
Good point, though hard drugs or soft drugs, people can still be addicted to them just the same. It's just that the time they need to spend in order to finish one game or sessions is longer than those on casino games and card games, plus the usual prize is lower, so are the stakes, so it might seem that no one gets addicted to it as the effects aren't as pronounced. But yeah, OP is write, people still get addicted even in such things, so the key really is moderation, as with everything too, of course. Maybe for some, but I see a lot of people most of them are older ones they play bingo almost everyday and more than half a day , they even eating their breakfast and lunch while playing bingo, some people even neglect their child so that they can play bingo. It is always depends on the people who are playing if they are disciplined enough.
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Casdinyard
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June 19, 2023, 03:39:07 PM |
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I doubt if billions of people around the world are into gambling, I will like to use my family for example, only two out of a family that consists of 100s of people do gambling, and that includes me and a cousin.
Many people know how dangerous gambling can be for them, some chooses not to have a taste of it at all, they choose to stay away and they hate gambling to the core.
I know gambling is very risky but how can it be life threatening when all you risk is few bucks you made from your salary or extra income? Start risking 10$ or 30$ to win 100$ or 500$, this will never hurt you, unless you are those greedy idiots that want gambling to be their source of income, then you will deserve what's coming.
Start using amount that wont hurt if you lose it and stop dreaming for a life changing opportunity using gambling, the worst things of life is not too far away from you if you start dreaming great things with gambling.
That's still within statistics. There's approximately 8 billion people in the world as we speak, and if we are to take into account the fact that you have 2 people in your family that gambled, and supposed that every family had at least 2 people who tried gambling in their lives, or better yet actively gambled the statistics of around 1.6 billion people still is sound. This doesn't mean that people aren't aware of the apparent dangers of gambling and how it can ruin lives, but at the same time it all boils down to how good you are at controlling yourself and your urges. Gambling when done right is a great way to destress and relax from a very busy day at work or at life, I've seen very successful people visit the casino every now and again not to burn their pockets but to have fun with people that they love (they usually bring family members/friends with them which is one thing that sets people who gamble for fun and people who gamble for money for me). So it's one thing.
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Webetcoins
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June 21, 2023, 03:12:54 PM |
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Something is not right from the start. Why are sports betting and casino games even more high risk than lotteries when you don't even have 1% chance of winning on lotteries? It must be a chance of winning that is to be explained than the price of the ticket when we talk about risk. But it could be because government represents lotteries giving back money to foundations. I think the attitude toward gambling products varies for each person, I think when you grow up in a suburb seeing your father work from 9-5, you would not waste a dime even on a lottery.
There are two kind of risks he mean there. One is the cost of the lottery ticket. Lottery tickets might be cheap but some can still buy in greater quantities in order for their chance to win will increase and they can do this every single day. For those who play on sportsbetting and gambling games. Maybe they can only play rarely. In this comparison, lotteries may seem to be more risky. The second risk he mean is about legality, in which lotteries are more embraced by the governments. This is true but there are also sports betting and casino games which are fully licensed and are permitted by the government whilst there are some illegal lotteries too.
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