Best Practices for Staying Safe When Gambling

[danherbias07]

The 2FA is a must since it is where you can protect yourself from hack attempts even if you are using your main email account although that is not recommended too.
I have never heard of buying a gambling account yet and I have also never heard of the news about being scammed this way.
For us here in this forum, we all know which are the reputable casinos in the gambling industry and there are top-of-the-line names that are advertising here and outside the forum.
I think KYC should be an optional thing but for those who are playing big amounts, this must be done just to avoid having a hard time in both deposit and withdrawals in the future.
Gambling sites are not wallets, never keep an amount that we are afraid to lose. There could be bad circumstances that may happen and we will avoid being dragged into that problem if we just keep the right amount that we will gamble. Transaction fees are not that high anymore, we can just deposit again if we lose our initial funds.

[bayu7adi]

Perhaps avoiding excessive alcohol and drugs should be another consideration. Excessive alcohol consumption can lead to a state of unconsciousness, rendering the brain incapable of making rational decisions, and the only chance of winning becomes a matter of luck alone. However, there are still many games that require skill, such as card games or others.

An unconscious mind can lead to issues like reckless and uncontrollable decision-making, which can jeopardize your assets. Stay in a sober state of mind when engaging in gambling activities.

[Lucius]

Source of income is like the document that is request for when a gambler wants to pass a level 4 kyc verification on Stake.com, so yeah, proving source of funds to casinos is nothing new, the only problem there is that, even before the casino allows a player deposit such a huge amount of money, the casinos should have asked the gambler or user to pass all level verification which includes proofing the source through which all the fund  the gambler will be using to gamble in the casino comes from.

That would be a fair practice, but everyone does exactly the opposite because they don't mind someone losing $100k gambling, but at the same time they resist paying out winnings and demand proof of where the money came from. It seems quite hypocritical to me, because if you are ready to accept a deposit without any conditions, then you should have the same standards when paying out winnings.

What they are doing right now is trying to cheat the player, but such a matter can't be handled carelessly, the user should stand his ground, and if he has the capability, he should seek legal help, this is if the casinos hasn't paid him already.

I wouldn't call it cheating, but adjusting the rules as it suits them in a certain situation. The casino has the right to request KYC or the origin of the deposit at any time, and I think that they are legally covered there, and every player who won in a legal way and with money that can prove the origin will get their winnings sooner or later. Of course, unless it's a scam casino, but that's a completely different story.

[Gozie51]

An unconscious mind can lead to issues like reckless and uncontrollable decision-making, which can jeopardize your assets. Stay in a sober state of mind when engaging in gambling activities.

It is true that staying in a sober state can be good or help us to proper decision but has that really worked in gambling activities? I know some drunk who usually win their game against the sober person who is even careful not to make a mistake yet they do make that mistake they are running away from. It is not about sobriety of mind as far as gambling is concern but your ability to deduce the right prediction for the game especially soccer.

[Aanuoluwatofunmi]

Perhaps avoiding excessive alcohol and drugs should be another consideration. Excessive alcohol consumption can lead to a state of unconsciousness, rendering the brain incapable of making rational decisions, and the only chance of winning becomes a matter of luck alone. However, there are still many games that require skill, such as card games or others.

An unconscious mind can lead to issues like reckless and uncontrollable decision-making, which can jeopardize your assets. Stay in a sober state of mind when engaging in gambling activities.

Honestly this is funny but actually the truth on this discussion because many gamblers work under the influence of alcohol and this is not good enough for their health and the safety of their mental reasonings, taking drugs or liquor will not help towards having better gambling experience than worsen the whole thing with them, doing so could also increase the probability of making mistakes, getting toxified is not a means of getting accurate with gambling.

[Z390]

Good advice, 2FA activation will add an extra layer of security but don't let this be the only security between your account and the hackers, I prefer using more than one security measure, how about extra code to your email box?

I haven't heard about people buying gambling accounts but I do know that some crazy people are asking me if I have any account on casino that's VIP, I believe they have some hidden agenda to carry out using a high rank casino account, they promised to pay some percentage after they use the account but I don't see any reason to let them, I think maybe that's because it's not easy to buff up your casino account into a VIP account, it costs a lot maybe that's why?

My gambling strategy is using my budget every week, once I lose the money I won't be adding any penny into the account until the next week, this is the rules I set for myself and this is what is keeping me away from gaming addiction, I don't care if I can make a lot of money through gambling or not, I prefer to expect that from something more sanity.

[coin-investor]

And remember - Have fun and gamble safely

Everything has all been covered but you forgot to add this coming from your own post, gambling is all about having fun, and if you think in another way that's where gambling is not safe.

Casinos promote themselves as an entertainment platform, they want to protect their players' welfare by warning them not to indulge too much in gambling so people should have fun to gamble safely.

[stadus]

And remember - Have fun and gamble safely

Everything has all been covered but you forgot to add this coming from your own post, gambling is all about having fun, and if you think in another way that's where gambling is not safe.

Casinos promote themselves as an entertainment platform, they want to protect their players' welfare by warning them not to indulge too much in gambling so people should have fun to gamble safely.

I hope everyone feels that way. When we say gambling is fun, it sounds like entertainment where we're going to spend to get value. Casinos would say 'gamble for fun,' which is just another way of saying 'enjoy and pay,' if you know what I'm saying. Actually, if we are serious about gambling and intend to succeed by making a consistent profit, we should not treat it as fun. It should be approached seriously, like a job, with the goal of getting better every time.

[maydna]

Perhaps avoiding excessive alcohol and drugs should be another consideration. Excessive alcohol consumption can lead to a state of unconsciousness, rendering the brain incapable of making rational decisions, and the only chance of winning becomes a matter of luck alone. However, there are still many games that require skill, such as card games or others.

An unconscious mind can lead to issues like reckless and uncontrollable decision-making, which can jeopardize your assets. Stay in a sober state of mind when engaging in gambling activities.

Honestly this is funny but actually the truth on this discussion because many gamblers work under the influence of alcohol and this is not good enough for their health and the safety of their mental reasonings, taking drugs or liquor will not help towards having better gambling experience than worsen the whole thing with them, doing so could also increase the probability of making mistakes, getting toxified is not a means of getting accurate with gambling.

Some gamblers are always conscious while gambling, and these are the ones who can really enjoy gambling as it should. They are not under the influence of alcohol and can still gamble calmly and not be tempted by all temptations because they know it will only have a bad impact on them. They also always check everything before leaving the casino and make sure their gambling account has activated everything related to securing their gambling account, including activating their gambling account 2FA.

But when gamblers like to drink alcohol while gambling, they may stay calm and won't get drunk. But in any case, if we are gambling, it is better not to consume alcohol because it can make us forget ourselves.

[dimonstration]

An unconscious mind can lead to issues like reckless and uncontrollable decision-making, which can jeopardize your assets. Stay in a sober state of mind when engaging in gambling activities.

It is true that staying in a sober state can be good or help us to proper decision but has that really worked in gambling activities? I know some drunk who usually win their game against the sober person who is even careful not to make a mistake yet they do make that mistake they are running away from. It is not about sobriety of mind as far as gambling is concern but your ability to deduce the right prediction for the game especially soccer.

This only possible because gambling is pure luck so regardless of your state of mind, the result will still the same since it’s random. The only difference is that you can control your bets when you are in sober state of mind compared when you are in the influence of alcohol.

Winning gambling is very hard even though you are focus with clear mind. Playing while drunk will surely expose you in too much risk of losing everything and it also defeats the purpose gambling which should be source of fun.

[CODE200]

Perhaps avoiding excessive alcohol and drugs should be another consideration. Excessive alcohol consumption can lead to a state of unconsciousness, rendering the brain incapable of making rational decisions, and the only chance of winning becomes a matter of luck alone. However, there are still many games that require skill, such as card games or others.

An unconscious mind can lead to issues like reckless and uncontrollable decision-making, which can jeopardize your assets. Stay in a sober state of mind when engaging in gambling activities.

Yes, this one! Most of gamblers usually drink alcohol while gambling because it adds kicks and excitement while playing. And there's nothing wrong about that because the main purpose why we gamble is to have fun. But we have to remember that it should be in moderation, and that we should set limits in order to avoid any problems and risks. And you're right, too much of everything is bad, and excessive consumption of alcohol while engaging in any gambling activities will cause problems.

As from what I observed, most of the aggressive and irritable players, are under the influence. And what's worse about this, is aggression does not only affect yourself, but also the people around you. It might also create an unsafe environment with other gamblers. But from what I know casinos have policies when it comes to regulation of alcoholic drinks in any gambling places. But this is only applicable for casinos and not online casinos.

[Eureka_07]

<snip>

I would agree with everything on the list you provided, especially enabling 2FA verification. This is important in case your account is compromised and accessed by unauthorized individuals. With 2FA, they won't be able to withdraw money and steal it from you. However, there is still a risk of using the funds to play on the site, so be aware of the security features available to you. Use them and create strong passwords.

[m2017]

If you want to save your money, then avoid gambling and then you won't need the "Best Practices for Staying Safe When Gambling". This problem will disappear on its own. So does “Best Responsible Gambling measures”.

Curious, will my idea be added to the main list?

- Never trust any online casino. Each of them can fail at any moment.

[3kpk3]

If you want to save your money, then avoid gambling and then you won't need the "Best Practices for Staying Safe When Gambling". This problem will disappear on its own. So does “Best Responsible Gambling measures”.

Lol. Go tell that to all the gamblers in the world and almost all of them will completely ignore you. Why? Because they gamble to try and earn a shit-ton of money or just have fun by entertaining themselves.

- Never trust any online casino. Each of them can fail at any moment.

This is great advice which is why it's advisable to only leave a small percentage of your entire bankroll in the site.

[Mate2237]

Op I swear your thread made me laugh  , how can someone set a gamble budget? I believed even the addicted gambler will not do that, they only play gamble whenever they have money and they don't have keep money for specifically for gambling but gambling whenever there is money. Then let me start from the beginning. From the list you present, yours is not included but other people views. And what they said are all correct.

And there is no way a reasonable person share his login details with someone then he is not serious in his life. Anyone who gamble big and amount.of money and loss and then cry then he is not ready and serious in his life. You don't have to cry because it is part of the game. So he has to wear a thick skin.

[ScamViruS]

<snip>

I would agree with everything on the list you provided, especially enabling 2FA verification. This is important in case your account is compromised and accessed by unauthorized individuals. With 2FA, they won't be able to withdraw money and steal it from you. However, there is still a risk of using the funds to play on the site, so be aware of the security features available to you. Use them and create strong passwords.

2FA verification is of course important for security, but there are many other things just as important as 2FA verification to keep in mind when gambling. If you keep losing then those things don't matter much but if you win big then those things become a big factor too. You should know the source of the fund you gamble with so that you don't face any kind of problem if you win big in the future. Again with KYC verification many gamblers face various problems.

So it is important for a gambler to be aware of these things so as to avoid major problems if a gambler wins big.

[qwertyup23]

I would add one more important thing, which is that you should not gamble with money for which you do not have a valid proof of origin - because I recently read a case where a user won almost $4 million with a deposit of $100k, and now the casino refuses to pay him win because he still hasn't been able to show them where the money he gambled with came from.

Hmmm I think this is trivial and controversial at the same time. A gambling casino which requires their players to prove the origin of their funds can be a double-edged sword for their reputation. Maybe the reason on why that gambling casino required the person to show proof of the origin of their funds is due to the fact that he won $4 million. These gambling companies will do whatever it takes for them to void the winnings and create issues out of nowhere.

Perhaps if I could suggest, 2FA is one of the better ways of securing your account and funds in a gambling casino. Before a hacker could infringe and steal your funds, they must pass another layer of security which is in your control.

[dothebeats]

I would add one more important thing, which is that you should not gamble with money for which you do not have a valid proof of origin - because I recently read a case where a user won almost $4 million with a deposit of $100k, and now the casino refuses to pay him win because he still hasn't been able to show them where the money he gambled with came from.

Hmmm I think this is trivial and controversial at the same time. A gambling casino which requires their players to prove the origin of their funds can be a double-edged sword for their reputation. Maybe the reason on why that gambling casino required the person to show proof of the origin of their funds is due to the fact that he won $4 million. These gambling companies will do whatever it takes for them to void the winnings and create issues out of nowhere.

Perhaps if I could suggest, 2FA is one of the better ways of securing your account and funds in a gambling casino. Before a hacker could infringe and steal your funds, they must pass another layer of security which is in your control.

I was also asked by a local exchange about my source of funds that I'm depositing to a casino every week. They said that it's for AML regulations, and I understand that. What I don't understand is why would they buy me for something insignificant? $80 a month isn't really anything, but these guys act as if I'm spending a fortune on my gambling activities.

Also if you're asked for source of funds, I don't think 2FA will help at all.

[decodx]

If you want to save your money, then avoid gambling and then you won't need the "Best Practices for Staying Safe When Gambling". This problem will disappear on its own. So does “Best Responsible Gambling measures”.

Lol. Go tell that to all the gamblers in the world and almost all of them will completely ignore you. Why? Because they gamble to try and earn a shit-ton of money or just have fun by entertaining themselves.

Exactly! It's pretty much a moot point to discuss whether it's even wise to gamble with our money, especially on a gambling-oriented discussion board. Is gambling profitable? In 99.99 percent of cases, probably not! Do we still take our chances, in spite of this? Hell yeah! Why? Because we're a bunch of hopeful idiots who believe that, just maybe, we'll be the lucky 0.01 percent! 

[Hispo]

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I agree when comes to setting up 2FA as soon as possible, though I would like to comment that I have not seen many casinos or webs dedicated to gambling which have implemented security keys as a method to verify one's identity before logging in. They mostly depend on Google Auth and Authy, both applications specially the former have relatively easy ways to get their cryptographic or time based keys backed on internet and hence being becoming a easier target for hackers.

I have mentioned it before, but I think high-rollers would appreciate to be able to log in using a physical key, instead an application. It would certainly help more people to sleep better.