Quote from: Learn Bitcoin on October 07, 2024, 05:14:49 AM

Quote from: uche6215 on October 06, 2024, 10:50:36 PM

Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

Do you know that there is something called responsible gambling? We all know how bad gambling can end up. Gambling-addicted people even take loans and sell their assets to gamble more and expect to win something big which will change their lives. Even if they win something big, the addicted people will gamble more to make additional money. Unfortunately, that is not how it works.

I don't think the government would be able to control the entire gambling industry since there are a lot of unregulated online casinos. The government can't monitor the casinos. People never reveal their wealth in casinos. Even if they are broke, they will act like they are rich.

Anyone that gambles responsibly doesn't have anything to worry about because he is in control of his actions unlike the gambler that's obsessed and addicted. When it gets to that point where a gambler has to take loans to gamble it's obvious that it has become a dependency issue, sometimes gamblers who do this don't care if they win or lose they only care about satisfying the urge to gamble, it's like a drug to them. Gambling has existed for a long time and it isn't a threat to you unless you let it, responsible gambling is the only solution to this.