Gambling winnings

[Accardo]

It's few countries that does it, its not general as we may think, but I know that in any gambling centre if you a large amount of money you can decide to buy anyone or people around there drink and it's not compulsory that you most give them something, it's out of your own love you have to them, and you can also decide to go away with your money without given anybody and nobody will question you, any money you win in gambling is your money it's not belong anybody except you and you're not paying tax to anyone,  that's  how we operate in my country region

Its sad how some persons become so entitled to the fact that someone's money is one in which they should take part in because they saw that the money was won from gambling and so it feels like some sort of free money so it should be spent recklessly on giving them as their fellow gamblers. like you have rightly stated it should always be voluntary giving and not some sort of compulsory giving as if there were a loss the person alone stands to bear it so when there is a win its shouldn't be a must share.

They won't care -- it would be best if someone losses huge amount, the community will, also, contribute to the person and show remorse. Every coin has two sides, whatever should be dimmed right is meant to benefit both sides of the party. Since nobody cares when I lose I'd choose those to give and save up what's left for another session.

[Judith87403]

In my country, there is literally a word for money or gift given by gamblers. We call it ”balato”. When someone wins the lottery, many people would ask you for a “balato”. Of course it is just in all good nature but usually even just the neighbors will ask you for this. It is embedded in our culture to value community and give to others when we are blessed so when a gambler earns some good profit he feels the need to treat the people he knows.

Like I said, this is usually in good nature but I actually despise this “balato” culture we have. A lot of gamblers lose their earned money from doing this. I too would want to treat the people I love when I have the money but doing too much would result to money loss. It’s not being selfish, it’s just being smart.

What about you? Do you also often treat others when you get good money from gambling? Or you also think that there are better ways to spend the money you got from gambling?

Of course is a normal thing in gambling whenever time you win in gamble you show love to your friends and your follow gamblers as well but most people only show love to only their follow gamblers though is just about choice if you win in gamble you can decide not to give anyone and nobody will question you for not showing love but that will be too selfish of that person. Though in my country showing love when you win in gamble is not under must  is just a matter of choice you can give to them if you wish for me I always give whenever time I win in gambling more especially to those who are present in that very place of course that's how we do in my country, we only give to those you're present in that place.

[Hispo]

People will just start switching to decentralized casinos for anonymity and to avoid exposing personal data

Yes, and it is a fact that now things must be done that way, every time anonymity, the privacy that we need to enjoy is no longer there , the casinos Later have to do something, they have to give in and offer a little more privacy because there will come a time when they will not accept anything and they will start to leave, not even with the best predictions will they attract so many clients , so these are the things that casino owners have to think about from now on , it will be a problem and surely a great drop in players.

But you also need to keep in mind those casinos which claim to be 100% anonymous and not requiring KYC for people to join in, gambled and probably withdraw their winnings can also be quite unreliable. Those casinos cannot run infinitely as they continue to grow in volume and active gamblers, it would be just matter of time before regulators of many countries take a look at them and started a process of cease and desist against the staff of the casino, otherwise their domain and casino would be a risk of being seized by the USA or the European Union.
Because of what happened to Chipmixers is already a fact we have law enforcement officials checking and taking notes on our activity here on the forum, so they must be doing the same with anonymous casinos, just waiting before they have a time to strike legally.

[topbitcoin]

People will just start switching to decentralized casinos for anonymity and to avoid exposing personal data

Yes, and it is a fact that now things must be done that way, every time anonymity, the privacy that we need to enjoy is no longer there , the casinos Later have to do something, they have to give in and offer a little more privacy because there will come a time when they will not accept anything and they will start to leave, not even with the best predictions will they attract so many clients , so these are the things that casino owners have to think about from now on , it will be a problem and surely a great drop in players.

But in this case we also cannot make some emphasis because after all anonymity is very good but in some conditions for now we can even see that in the end even though they want anonymity to remain a priority but some gambling sites also have no choice because they are hindered by regulations which are currently always an unsolvable problem.
So inevitably, like it or not they also have to set KYC as an option to make their situation safe from regulations by expecting players to understand that in the end this cannot be avoided.

Conditions like this become a thing that ultimately becomes a fairness where for now even though casinos are still operating but not a few large casinos are now implementing KYC as a form of understanding and complying with existing regulations. Not that I don't expect anonymity in the end but when we are still comfortable with one site even though it requires KYC, we will still force ourselves to be there because we are already quite comfortable on the site.

[danherbias07]

In my country, there is literally a word for money or gift given by gamblers. We call it ”balato”. When someone wins the lottery, many people would ask you for a “balato”. Of course it is just in all good nature but usually even just the neighbors will ask you for this. It is embedded in our culture to value community and give to others when we are blessed so when a gambler earns some good profit he feels the need to treat the people he knows.

Like I said, this is usually in good nature but I actually despise this “balato” culture we have. A lot of gamblers lose their earned money from doing this. I too would want to treat the people I love when I have the money but doing too much would result to money loss. It’s not being selfish, it’s just being smart.

What about you? Do you also often treat others when you get good money from gambling? Or you also think that there are better ways to spend the money you got from gambling?

Of course is a normal thing in gambling whenever time you win in gamble you show love to your friends and your follow gamblers as well but most people only show love to only their follow gamblers though is just about choice if you win in gamble you can decide not to give anyone and nobody will question you for not showing love but that will be too selfish of that person. Though in my country showing love when you win in gamble is not under must  is just a matter of choice you can give to them if you wish for me I always give whenever time I win in gambling more especially to those who are present in that very place of course that's how we do in my country, we only give to those you're present in that place.

To those who are present and to those you only know. I don't give to strangers. I think it's just a waste of money because some of them do not even care about you. If the same thing happens to them (winning), they won't be able to do the same as you did. Unlike those you already knew and those who had been on your side for a long time which also does the same whenever they win. It's give and take.
I don't think it's selfish if you don't give them, it's gambling it's not like you didn't risk your money to win. All of you are risking your hard-earned money and I think it's up to the winner to decide if he will give or not, no hard feelings to those who will not receive because it's a matter of choice.

[LUCKMCFLY]

But you also need to keep in mind those casinos which claim to be 100% anonymous and not requiring KYC for people to join in, gambled and probably withdraw their winnings can also be quite unreliable. Those casinos cannot run infinitely as they continue to grow in volume and active gamblers, it would be just matter of time before regulators of many countries take a look at them and started a process of cease and desist against the staff of the casino, otherwise their domain and casino would be a risk of being seized by the USA or the European Union.
Because of what happened to Chipmixers is already a fact we have law enforcement officials checking and taking notes on our activity here on the forum, so they must be doing the same with anonymous casinos, just waiting before they have a time to strike legally.

The truth is yes, that is also a risk, now the controls are extremely strict, what happened to CM was something that very few expected, but I think that the long-term trend will be this Type of casino if centralized casinos do not lower their regulations a bit with KYC , VPN since they will not want the money to be tracked, that is normal , in my case it is not much, because I am not a player who is a whale by any means, but there are People who do , although the truth is I do not like them to know my identity or something, I am somewhat jealous About that , even though they are data that can be leaked to the deep wb and then they can extort from there.

[shasan]

It should be something of choice and not compulsory. Moreover, how did they know that you got a big win if you did not tell them. I owe no one anything from my win, and I will choose who to share my win with if I want to. I think this tradition will encourage gambling because it's like a giveaway thing when you win. I like the love in your tradition among gamblers.

I think it is a useless tradition that while I earn I have to share the credentials of the winnings of mine while I lose on gambling there is no way to take the amount from those who will take the share of the winnings. If no one takes the part of loss then why will I share the benefit of my winnings?

[Hispo]

But you also need to keep in mind those casinos which claim to be 100% anonymous and not requiring KYC for people to join in, gambled and probably withdraw their winnings can also be quite unreliable. Those casinos cannot run infinitely as they continue to grow in volume and active gamblers, it would be just matter of time before regulators of many countries take a look at them and started a process of cease and desist against the staff of the casino, otherwise their domain and casino would be a risk of being seized by the USA or the European Union.
Because of what happened to Chipmixers is already a fact we have law enforcement officials checking and taking notes on our activity here on the forum, so they must be doing the same with anonymous casinos, just waiting before they have a time to strike legally.

The truth is yes, that is also a risk, now the controls are extremely strict, what happened to CM was something that very few expected, but I think that the long-term trend will be this Type of casino if centralized casinos do not lower their regulations a bit with KYC , VPN since they will not want the money to be tracked, that is normal , in my case it is not much, because I am not a player who is a whale by any means, but there are People who do , although the truth is I do not like them to know my identity or something, I am somewhat jealous About that , even though they are data that can be leaked to the deep wb and then they can extort from there.

It is a matter of equilibrium, if people believe they are being given a good quality service, with good bonuses and spotless customer service, then they will feel it is fair for them to comply with KYC procedures, in order to continue to access to such a VIP treatment. On the other hand, we will see people who won't want to give their personal information to any service online if the experience is mediocre.
Also, on the fact our information could end up in the hands of criminals, much of it depends on the levels of security and data management the casino has, those system cost much money to keep up to date, so it would make sense if one feels safer giving one's information and a well established and big casino rather than doing the same with a rather small an unknown casino. At least, that is my personal experience since I joined this world.

[Dewi Aries]

It should be something of choice and not compulsory. Moreover, how did they know that you got a big win if you did not tell them. I owe no one anything from my win, and I will choose who to share my win with if I want to. I think this tradition will encourage gambling because it's like a giveaway thing when you win. I like the love in your tradition among gamblers.

I think it is a useless tradition that while I earn I have to share the credentials of the winnings of mine while I lose on gambling there is no way to take the amount from those who will take the share of the winnings. If no one takes the part of loss then why will I share the benefit of my winnings?

Well yes what you said is also true my friend I just thought in that direction haha, I mean why do we force ourselves to give some of the amount of our winnings to other people if for example when we lose no one replaces at least a few percent of the amount of loss we experience, don't they even care? yes that's the problem, as in general that people will only come when we have money but when we need it usually they will stay away. On the other hand yes I understand that maybe other people will also share some of their winnings with us when they win but I think it would be much fairer if for example for this problem it depends on the wishes and readiness of each gambler, I mean there should be no coercion whatsoever for every gambler who wins to give some of their winnings.

[ethereumhunter]

It should be something of choice and not compulsory. Moreover, how did they know that you got a big win if you did not tell them. I owe no one anything from my win, and I will choose who to share my win with if I want to. I think this tradition will encourage gambling because it's like a giveaway thing when you win. I like the love in your tradition among gamblers.

I think it is a useless tradition that while I earn I have to share the credentials of the winnings of mine while I lose on gambling there is no way to take the amount from those who will take the share of the winnings. If no one takes the part of loss then why will I share the benefit of my winnings?

We have our right to gives our winnings to anyone we want but we also can keep that win money for ourselves without telling to anyone that we win in gambling. That is our secret and we will only share to those who we believe because we don't want to make a noisy with other people especially with those who don't like us. Even if finally I give something to them, I will not tells that money is from gambling because some people don't like the money that come from gambling.

[shasan]

We have our right to gives our winnings to anyone we want but we also can keep that win money for ourselves without telling to anyone that we win in gambling. That is our secret and we will only share to those who we believe because we don't want to make a noisy with other people especially with those who don't like us. Even if finally I give something to them, I will not tells that money is from gambling because some people don't like the money that come from gambling.

Who told you that you have no right to share the winnings of you? When you have won it is your money of you so the winning should be yours. And as it is yours you have all the right to do with that money. You have no restriction to spend that money in any way which you want. You can share it with others or keep it in your pocket it is totally up to you.

[Swordsoffreedom]

We have our right to gives our winnings to anyone we want but we also can keep that win money for ourselves without telling to anyone that we win in gambling. That is our secret and we will only share to those who we believe because we don't want to make a noisy with other people especially with those who don't like us. Even if finally I give something to them, I will not tells that money is from gambling because some people don't like the money that come from gambling.

You are right that we have the right to spend our winnings from gambling. I will spend my money as I wish. But I never tell anyone where my money comes from. If I say that I won this money from gambling, many people will look at it negatively. Because many people still think that gambling is bad. Moreover, many people will easily get attracted to it after seeing my success in gambling. And if they are not experienced enough and ignorant about gambling, they will easily lose a lot of money in gambling. So even if I win money from gambling, I never tell the people around me.

[hahay]

Basically, sharing is something good but, the problem is that when we start by sharing the winnings, then at a later time those who previously received the winnings will come back to ask for it. This will become their culture if it is not stopped, so gamblers may feel uncomfortable with the number of people waiting in line to get the winnings. After all, basically gamblers will also voluntarily share, but if the reality is asked like that, then those who initially volunteered to share, will be reluctant to share because it can be likened to extortion.

[swogerino]

Every time I have cash out from gambling platforms the money has been gone pretty fast and that is why I think it is not worth the stress you feel while you are making that money assuming you are playing skill games like poker or sport betting. In slot machines there is no stress at all during your game play as our brain neurons tell us the next spin or the next bonus we are going to win until we lose it all and the stress become real and very bad, in some cases even leading to addiction for most people who cannot stop themselves but keep depositing again. So overall gambling winnings unless they are huge amount they are irrelevant and other sums can be gone like I said in an instant in nowadays economy.

[Nwada001]

I think it is a useless tradition that while I earn I have to share the credentials of the winnings of mine while I lose on gambling there is no way to take the amount from those who will take the share of the winnings. If no one takes the part of loss then why will I share the benefit of my winnings?

This is the same analogy that I have with paying taxes with gambling winnings. I have to pay taxes for the little winnings that I have, but when I lose, the government doesn't refund me part of the money that I have lost, but if they are interested in the money I win from the casino, it's just crazy to even imagine it. But in times of winning, you can only give to those who you also know fully well that they can also share with you when they also experience their own winning.

[I_Anime]

Basically, sharing is something good but, the problem is that when we start by sharing the winnings, then at a later time those who previously received the winnings will come back to ask for it. This will become their culture if it is not stopped, so gamblers may feel uncomfortable with the number of people waiting in line to get the winnings. After all, basically gamblers will also voluntarily share, but if the reality is asked like that, then those who initially volunteered to share, will be reluctant to share because it can be likened to extortion.

Only a ungrateful person will do such thing , because gambling wins not something that comes all the time, sometimes one experience losses while sometimes one wins.

So gambler should only give when they felt like not something that should be a way of life because if they lose there's no one to give them the money back or compensate them most time , so is better they make good use of their wins because not something that comes always.

[Onyeeze]

Basically, sharing is something good but, the problem is that when we start by sharing the winnings, then at a later time those who previously received the winnings will come back to ask for it. This will become their culture if it is not stopped, so gamblers may feel uncomfortable with the number of people waiting in line to get the winnings. After all, basically gamblers will also voluntarily share, but if the reality is asked like that, then those who initially volunteered to share, will be reluctant to share because it can be likened to extortion.

some people I know doesn't share their wining, I think that sharing your wining to other people is just a personal something not like it's a cultural something that will be done every time, we need to understand that gambling is a personal decision and when you fails it will be own your own risk and nobody will sympathise with you, so how it necessary that when you win is necessary to share you wining to other people, I think that sharing is voluntary

[Weawant]

This is the same analogy that I have with paying taxes with gambling winnings. I have to pay taxes for the little winnings that I have, but when I lose, the government doesn't refund me part of the money that I have lost, but if they are interested in the money I win from the casino, it's just crazy to even imagine it. But in times of winning, you can only give to those who you also know fully well that they can also share with you when they also experience their own winning.

I actually happen to see this as one of the probably most ridiculous thing government of some countries are doing,  I think it will be better they stop gambling abruptly then probably doing it in this indirect form the gamblers some of which were only trying to make ends meet. If the tasking cuts across both the losses and the win such that the government had to partake in all of that,  there would be a fair distribution instead of this one sided one currently.

[Dewi Aries]

This is the same analogy that I have with paying taxes with gambling winnings. I have to pay taxes for the little winnings that I have, but when I lose, the government doesn't refund me part of the money that I have lost, but if they are interested in the money I win from the casino, it's just crazy to even imagine it. But in times of winning, you can only give to those who you also know fully well that they can also share with you when they also experience their own winning.

I actually happen to see this as one of the probably most ridiculous thing government of some countries are doing,  I think it will be better they stop gambling abruptly then probably doing it in this indirect form the gamblers some of which were only trying to make ends meet. If the tasking cuts across both the losses and the win such that the government had to partake in all of that,  there would be a fair distribution instead of this one sided one currently.

Yes, the only problem is that the government only acts when it sees gamblers winning but does nothing or seems to turn a blind eye when it sees gamblers losing, I understand that the government has a policy in enforcing regulations but doesn't that seem unfair? Yes, and I also understand that maybe the government only enforces the regulations when gamblers win, but I think it would be much more ideal if the government imposed the tax on the bookies who own all the casinos operating in the country and not on the gamblers, so I think that's what the government should do, I mean don't involve gamblers in tax issues because besides gamblers are faced with the opportunity to win but they also have the possibility of losing money.

[EarnOnVictor]

It's few countries that does it, its not general as we may think, but I know that in any gambling centre if you a large amount of money you can decide to buy anyone or people around there drink and it's not compulsory that you most give them something, it's out of your own love you have to them, and you can also decide to go away with your money without given anybody and nobody will question you, any money you win in gambling is your money it's not belong anybody except you and you're not paying tax to anyone,  that's  how we operate in my country region

Its sad how some persons become so entitled to the fact that someone's money is one in which they should take part in because they saw that the money was won from gambling and so it feels like some sort of free money so it should be spent recklessly on giving them as their fellow gamblers. like you have rightly stated it should always be voluntary giving and not some sort of compulsory giving as if there were a loss the person alone stands to bear it so when there is a win its shouldn't be a must share.

They won't care -- it would be best if someone losses huge amount, the community will, also, contribute to the person and show remorse. Every coin has two sides, whatever should be dimmed right is meant to benefit both sides of the party. Since nobody cares when I lose I'd choose those to give and save up what's left for another session.

I don't have those people as a burden to worry about, so I don't know how people really feel about that. But it will be wrong for someone to believe they are entitled to your money when you win, what if you lose, will they share part of the losses with you? This is not to discourage giving but to quicken that you are the one feeling the brunt when you lose and you need to save money to have the opportunity to gamble next time. Would they give that too?