Malay lost 300k online gambling
Malay lost 300k online gambling
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Jul 8 2023, 08:50 AM
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#1
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2,949 posts Joined: Apr 2006 |
If only there's a legal gambling outlet where people can safely get into gambling without getting into exessive debt while making income for the government in the form taxes.
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Jul 8 2023, 09:53 AM
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#2
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QUOTE(keybearer @ Jul 8 2023, 08:52 AM) Brick and mortar gambling outlet could be the solution.Illegal gambling exists because there are no legitimate outlet or insufficient for the majority. Another alternative is to create online gambling licenses. Its better to regulate businesses if they are registered. superbike liked this post
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Jul 8 2023, 10:31 AM
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#3
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QUOTE(keybearer @ Jul 8 2023, 09:57 AM) That really didn't answer my question though. There ain't going to be the perfect solution.This is not like bartenders rejecting patron because they're visibly smashed, nobody's going to know what's excessive when it comes to each person's finance. People can get into excessive debt even with legal banking. But the difference with illegal online gambling is, they're very easy to access. They don't even care if you're underaged or muslim. And since they're not audited, their income could also be sourced to criminal activities. So when I suggest to legalize gambling, its to solve several issues, not just the angle of excessiveness. In a sense, to make it 'harder' for a gambler to gamble away his savings. Before he can do that, he needs to understand the ramification of debt via his bank agents, via the upfront deposits he has to commit. When he goes to a legal gambling centre, his family may ve aware and put a stop to it, as opposed to discreetly gambling online illegally where no one would know. Illegal gambling is so easy that anyone with a phone and a bank account can play. Its a little diffrent with legalized gambling no? There are laws to protect minors and certain group of people from getting involved. |
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Jul 8 2023, 09:27 PM
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#4
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QUOTE(BrookLes @ Jul 8 2023, 06:03 PM) And your probability of winning decreases significantly since part of that winnings goes to the gov. Ive already mentioned this in my last post. There is no perfect solution to excessive debt. So I'll just copy/paste it here:Legal gambling is just a way to increase gov tax revenue that's all. But if you are someone who gambles you want to have the opportunity to win as much as possible. And are you sure ppl do not get into excessive debt gambling in genting? » Click to show Spoiler - click again to hide... « Please don't fall into the notion that your winnings is better with illegal gambling. Its a ruse. Watch the video again. These online gambling sites only let you win in the beginning to make you belive in your luck, but you will lose more once you bet gets bigger. And that is why I don't believe any of these online gambling websites. And since its illegal, good luck claiming your wins if they decide not to pay you up. Who do you call? The Illegal Gambling Commission? That don't exist. |
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Jul 8 2023, 09:37 PM
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#5
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QUOTE(BrookLes @ Jul 8 2023, 09:32 PM) Well. Actually illegal websites have more integrity then legal ones. These legal gambling sites, are they local or international?I had major issues claiming my winnings from a legal website once because they demanded to see validate my identity etc. That is until I threaten to report to the Malaysian authorities to shut down their website. Illegal ones, I do not have so much issues. But of course I try not to put so much inside in the first place. I do think sports books cam control their odds based on my behaviour. Hmmmm. |
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Jul 8 2023, 09:41 PM
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#6
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