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Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: rhubygold23 on July 27, 2018, 08:22:59 AM

Title: Japanese Class Action Against Gambling Coin Claims $12m Damages
Post by: rhubygold23 on July 27, 2018, 08:22:59 AM
Japanese Class Action Against Gambling Coin Claims $12m Damages.
What do you think for this site?
https://news.bitcoin.com/japanese-class-action-against-gambling-coin-claims-12m-damages/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
Title: Re: Japanese Class Action Against Gambling Coin Claims $12m Damages
Post by: sugarchrisp on July 27, 2018, 09:28:49 AM
I'm pretty against gambling so I view this as a good thing honestly.  Gambling is a drain on society overall.  Desperate people try to get out of their crappy lives by wagering money they need for rent or other essentials, but the probability always favors the house.  It wouldn't be so bad if it was even odds for the house vs player, but there's no reason to be fair when people just throw money at you.
Title: Re: Japanese Class Action Against Gambling Coin Claims $12m Damages
Post by: btyco on July 27, 2018, 12:12:22 PM
There is currently too much centralised betting so it is easy to catch people. If they used WAGERR coin they could have done anonymous betting via the wagger platform for sports and esports betting.
Title: Re: Japanese Class Action Against Gambling Coin Claims $12m Damages
Post by: cryptothief on July 27, 2018, 09:48:27 PM
there's no reason to be fair when people just throw money at you.

That's a very strange attitude, that gambling sites don't need to be fair because people are trying to win money. Most gamblers do so infrequently and with amounts they can afford to use/lose, although I concede that some have a problem. I know plenty of people without 'crappy lives' who make money gambling on occasion, not exactly a 'drain on society'. Anyway, you're entitled to your opinion.