Post
Topic
Board Gambling discussion
Re: Will you still gamble?
by
Oluwa-btc
on 23/08/2024, 07:45:04 UTC
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.
That's not fair. Online casinos are going to spoil the business if they choose to start taking such fees from their customers. There are enough losses in a day for them to make good profits, unlike centralized exchange where a coin cannot completely be null unless the price drops so low or a pump-and-dump altcoin.

When we bet in a casino and lose the money automatically belongs to the casino. And in a day, there are a lot of persons who make losses from gambling. Taking extra gambling fees is greediness in my own point of view and should be done by any casino website at all.


You're right they are making lots of money from gamblers losses and it's not enough reason for them to add additional charges to it, except that they're being selfish and after their interest that's all.

I bet you this is an avenue for every gambler to limits their gambling habits especially the addicted one's, because if after loosing several games you're being charged sjso for that same game,what's your gain still gambling and where's the fun.
Like it won't be good if they should indulge in such taxes or charges tho it may help in minimizing and controlling the high rate of gambling that's how I see it again.