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- Jul 22, 2003
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Other MPs complained that all the gambling sites are owned by whites, and that blacks are impoverished by it.
Isn't playing the lotto also technically "gambling"?
OK, meaning it automatically sheds the white only evil associated with gambling. Got it.It is, the government just generates more revenue from that.![]()
OK, meaning it automatically sheds the white only evil associated with gambling. Got it.
"This is a moral issue, Turok said, and he told the DTI delegation that one argument Sibanda put forward in favour of the Bill - to allow the fiscus to benefit - was wrong: "In my view your approach is the wrong one," he said. "It is a social evil, that we may have to regulate to curb, but we must not make money out of it."
Shut this down, and I just get closer to my relocation to Australia.
The reality is that gambling is never a long term way of making money - at the end of the day the house always wins however whether or not its the same house edge as a traditional casino is the question.
If they do regulate it then there should be some key things introduced:
1) No deposits via credit card
2) Instant payment of winnings
3) No bonus or free money "promotions"
Its not supposed to be a way of making money and anyone who thinks it is has a problem, its entertainment.
I can understand 2 but what's wrong with 1 and 3?
No problem with that - just stating the facts
#1. The playing field for online and traditional casinos has to be the same. And alot of people use credit in the hope that they'll win and be able to pay it back. Or lose and try win back their losses with money which they do not have.
#3. It is never free money. Deposit R1000 get R5000 free subject to wagering requirements etc etc - the average guy on the street would not even understand half the terms for bonuses and promotional offers. I have no problem with online casinos saying "Here, have R500 for free.." but then it has to be the same as traditional casinos where if you win or cashout the money (without playing) it is yours. ie. No terms and conditions on that free money. Imagine Monte Casino coming up to you and saying - wait we gave you R100 for free - u can't leave till you finished wagering a total of R5000 - people would be outraged.
To my knowledge you can no longer purchase to gamble at a normal casino using a credit card. Also all ATMs have to be out of sight/not visible from the gambling floor and 'x' amount of distance away.
Also remember that if you're gambling with credit you shouldn't be gambling. In addition Visa/Mastercard International actually prohibits it and places the responsiblity on the bank issuing the card should any legal action arise. SA Banks just haven't realised the potential liability yet as online gambling isn't as widespread in SA as it was in the US.
oh come on - there aren't billions gambling online... in SA its around 75,000 active online gamblers if that - the US banned online gambling this year and it's currently illegal to interactively gamble in South Africa at the moment. The reality is that gambling is never a long term way of making money - at the end of the day the house always wins however whether or not its the same house edge as a traditional casino is the question. Computer random number generators have been proven to not be completely random.
(if this is true post a url!) Ja, puppy dog australia, another doing the bidding of George Bush.Fusion01 - in case u didnt know - online gambling in Australia is already illegal and has been for 2 or 3 years now.
Ah for goodness sake explain dozens of world champions and billions of dollars!Its not supposed to be a way of making money and anyone who thinks it is has a problem, its entertainment.
Ah for goodness sake explain dozens of world champions and billions of dollars!
YOU LOT are way behind the curve. Stop telling us how to live our lives FFS!
(the lotto and babies down toilets yet you wish to speak morality!)