Post
Topic
Board Gambling discussion
Re: Who is to be blamed, the gambler or the betting agent
by
Rabata
on 02/08/2023, 10:27:31 UTC
online casinos will never provide loan facilities to their customers because that will be very risky because so many customers come from countries that prohibit gambling, so even if they provide credit card guarantees or KYC it is very risky for online casinos.

Even though the online casino has the KYC of the users, yet it is very easy for scammers to create an account, do the KYC, and apply for a loan.
Some can say that casinos can safeguard the return of the loans by not allowing the withdrawal until the loan is cleared. How about anyone getting the loan, losing all in the gambling, and quitting the site forever without returning the loan?

it's different from land-based casinos, in that the country or city certainly allows the gambling business, so it's only natural that land-based casinos provide loans to their customers. and I'm not sure if gamblers would avoid the casino if offered a betting loan because we know that not all gamblers are sane minds but many gamblers will accept such an offer.

In physical casinos, it is easier to recover the loans, but it is worth it for the gambling casino to give the loan service and face all these hassles from the gamblers not returning or delaying the return of loans, as they will usually lose all the loan money in the gambling.
It is a debatable situation, why the casino agent has such an opportunity to give loans to gamblers on a physical gambling place.
If he loans, it means management and awareness of gambling problems are not the case there.
Quitting has never been easy, so it is understandable why the "victim" will continue to play even if someone pays his loan back, IMHO.
Agreed, quitting is not an easy thing. Whether it is gambling or something else. The owner shouldn't have given money, just because he gave money the victim continued spending. If not, he could've left with what he had lost from his pocket. The trouble maker is the casino owner who knows well about the reality of gambling that it is not easy to recover the losses.
If it is wrong for the owner to give the loan then the borrower is more guilty. Since the owner operates a casino or gambling business, he can certainly provide loans to grow his business. On the other hand, the person taking the loan should also be aware of whether he can repay the loan amount or not. When providing loans, sometimes such situations have to be accepted. It would have been better if the financial condition of the borrower could have been well known before giving the loan, then it would have been possible to prevent such a situation.