Quote from: Peanutswar on August 18, 2024, 10:38:16 AM

Quote from: Odusko on August 12, 2024, 01:20:13 PM

The motive of this thread is for us to discuss what will be you stands if online casinos charges you fees on each game you play on them, same way excahges charges you on each trading position you open, and why should excahges charges fees and casinos not charging such fees, First of all the First objective of every business is to generate revenues, so at first I wasn't curious about this, but recently I began to wonder why the difference between excahges and casinos when both have similar features which are licensing and KYC.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.

In trading if they make a hold positon players will possible gain profit but in gambling its quite a different story because of the house edge already, so player has a lesser chance of winning than the trading, this could be painful to every gambler if they will pay for their every game and the casino has a lot of higher chance to win they will not encourage themselves to play anymore due to fees, people seek to get entertain and gets a money upon playing with no assurance of winning than trading.

Yes of course in trading if you can be more patient then maybe in the end you will be able to achieve recovery when the price of the traded asset goes up again or even get a profitable position, but yes of course if we talk about gambling then as you said that the casino advantage already exists, meaning that from the beginning the system has been determined, and this is why many people say that casinos will always be superior to gamblers.

Therefore, this is why self-acceptance regarding risk must be owned by every gambler, and this is an awareness that can keep you from losing control when you experience defeat, and this is also the reason why gamblers are always advised not to make winning a priority.