Famous youtuber Coffeezilla says there is a gambling epidemic

[pawanjain]

~
I have seen the spin the wheel on almost every app except on banking apps.
I have seen few other games too, on shopping and educational apps but not on banking apps.
May be games are present in banking apps in foreign countries but its not happening in India yet.

There are spin on wheelsd, slots and many other games are present in the banking apps too, not directly from the bank but UPI and credit card payment apps like cred which they promoted themselves as cashback with spin on wheels, and now they are just trying with new Iphone or 100% cashback and many more when they never pay to anyone in real life not even the cashback they used to pay but like one or 5 rupee when we pay a payment of like 50K INR.

Yeah, I mean, that's what am saying. I have never seen it directly from a banking app. That would be something new.
Yes, I have seen it on credit card apps too and also on UPI apps but most of them are worthless.
I never really got anything useful out of them.

[rakebit]

He’s not wrong, gambling content has exploded online, and it’s easier than ever for people to get exposed through streamers or influencers. The key is promoting responsible play and clear odds transparency.

Do you think regulation or education is the better way to handle it?

[goldkingcoiner]

https://www.youtube.com/watch?v=9Ii1ROzeSwU

This youtuber coffeezilla has 4.3 million subs and his video had 2 million views in the last 24 hours. The video is about how gambling is taking over the world.

Gambling is basically everywhere at this point.

Banking apps don’t just give links to casinos anymore, they offer games inside their apps which is crazy and it is not only the banking apps that do it. Shopping apps, telecom apps, mobile games… almost every mobile app out there has a slot game embedded in it.

Dafuq is going on?

I think there has always been a gambling epidemic. We are just now seeing it more predominantly in countries with lax gambling laws.

In Europe there is some gambling as well as gambling advertisement but it is extremely regulated. You definitely will not see gambling links nor games from a banking app. But my bank itself does offer free lotteries sometimes. Does that count as gambling? Because they have always done that since I can remember. So nothing much has changed from my 90's kid perspective.

[Alpha Marine]

There is money to be made in it. The players, the casinos, the government and even the companies that take commercial deals, like the sports clubs. Gambling is fun, and it gives players the opportunity to make some money too. When an opportunity like that is used properly, everybody eats, especially the casinos. It's just normal economics. When there is a demand, there will be a supply, and when the demand keeps increasing, the suppliers make more money.

On countless occasions when I win money, people close to me say something "teach me how to gamble". These are people who don't usually gamble, but they're enticed by the money I win, so they want to try it out. I don't teach them, of course, I make up an excuse of how gambling is not taught, or whatever, but this is just how the gambling industry grows, one web at a time. A persons see others winning money and they decide to try it out.
Statistics show that about 26% of the world gambles, and about 4.2 billion people gamble at least once a year. That's a lot of money.

[mindrust]

https://www.youtube.com/watch?v=9Ii1ROzeSwU

This youtuber coffeezilla has 4.3 million subs and his video had 2 million views in the last 24 hours. The video is about how gambling is taking over the world.

Gambling is basically everywhere at this point.

Banking apps don’t just give links to casinos anymore, they offer games inside their apps which is crazy and it is not only the banking apps that do it. Shopping apps, telecom apps, mobile games… almost every mobile app out there has a slot game embedded in it.

Dafuq is going on?

I think there has always been a gambling epidemic. We are just now seeing it more predominantly in countries with lax gambling laws.

In Europe there is some gambling as well as gambling advertisement but it is extremely regulated. You definitely will not see gambling links nor games from a banking app. But my bank itself does offer free lotteries sometimes. Does that count as gambling? Because they have always done that since I can remember. So nothing much has changed from my 90's kid perspective.

Gambling has always been popular I can’t disagree with that but c’mon man in no point of time it was that widespread.

If your bank offers lotteries yes that counts as gambling and hell yeah that happens in Europe like you said which is a heavily regulated zone.

Imagine if it is like that in Europe how it is in the rest of the world.

It is not only the banking apps too. I have shopping apps, telecom apps in my phone and they all offer lootboxes, lotteries etc

[Odohu]

He’s not wrong, gambling content has exploded online, and it’s easier than ever for people to get exposed through streamers or influencers. The key is promoting responsible play and clear odds transparency.

You are right and we can use this forum as a good example. Just check the rate at which new casinos popping up every now and then in the forum, that should can only mean that there enough gamblers to keep those platforms in business. There is massive increase in the number of gamblers across the globe and I think the popularity of online casinos is part of what is fueling that expansion.

Do you think regulation or education is the better way to handle it?

Regulation will not have much effect so the only thing that will help gambler improve on their gambling is education so they can gamble the right way, properly managing their risk.

[sunsilk]

There is money to be made in it. The players, the casinos, the government and even the companies that take commercial deals, like the sports clubs. Gambling is fun, and it gives players the opportunity to make some money too. When an opportunity like that is used properly, everybody eats, especially the casinos. It's just normal economics. When there is a demand, there will be a supply, and when the demand keeps increasing, the suppliers make more money.

And right now, there's so much supply that even casinos can't even cope up with it for a lot of players are there globally.

The governments that are started to get strict with it are making themselves a favor by making laws and policies that are convenient to both parties, them and the casinos.

They know that there are a lot of players to cater their services and games and so, they adjust on it and pushes for more ads and sponsorships that we see mostly in almost every 18+ rating shows.

[uneng]

Gambling has always been popular I can’t disagree with that but c’mon man in no point of time it was that widespread.

If your bank offers lotteries yes that counts as gambling and hell yeah that happens in Europe like you said which is a heavily regulated zone.

Imagine if it is like that in Europe how it is in the rest of the world.

It is not only the banking apps too. I have shopping apps, telecom apps in my phone and they all offer lootboxes, lotteries etc

Gambling has been forbidden in many countries, if not in most countries in the world. Most people had never had any contact with gambling in a frequent basis until virtual betting platforms were introduced to them by social influencer, who claim gambling is a source of extra income. For many people gambling is something new, an inedit experience which makes their eyes shine with the possibility of making quick and instant profit.

An opportunity they don't have through another means, like when working, for an example, since payrates are low, inflation is high and purchasing power is inexistent. Then you have a fertile land for manipulators and deceivers to sell magic formulas and solutions for the financial problems of the average citizens who are trapped into the rat race.

However, it must be just a hype, because once people realize gambling isn't profitable for gamblers, they won't have a strong reason to continue engaged on it for too long.

[goldkingcoiner]

https://www.youtube.com/watch?v=9Ii1ROzeSwU

This youtuber coffeezilla has 4.3 million subs and his video had 2 million views in the last 24 hours. The video is about how gambling is taking over the world.

Gambling is basically everywhere at this point.

Banking apps don’t just give links to casinos anymore, they offer games inside their apps which is crazy and it is not only the banking apps that do it. Shopping apps, telecom apps, mobile games… almost every mobile app out there has a slot game embedded in it.

Dafuq is going on?

I think there has always been a gambling epidemic. We are just now seeing it more predominantly in countries with lax gambling laws.

In Europe there is some gambling as well as gambling advertisement but it is extremely regulated. You definitely will not see gambling links nor games from a banking app. But my bank itself does offer free lotteries sometimes. Does that count as gambling? Because they have always done that since I can remember. So nothing much has changed from my 90's kid perspective.

Gambling has always been popular I can’t disagree with that but c’mon man in no point of time it was that widespread.

If your bank offers lotteries yes that counts as gambling and hell yeah that happens in Europe like you said which is a heavily regulated zone.

Imagine if it is like that in Europe how it is in the rest of the world.

It is not only the banking apps too. I have shopping apps, telecom apps in my phone and they all offer lootboxes, lotteries etc

Yes and retirement homes have old people playing Bingo. It is just a basic part of our nature, to gamble in one form or another. I think it has always been the case but the internet and media just took a while to catch up.

Has there ever been a time in human history where there was no gambling? I am pretty sure even the cavemen gambled. Probably only with rocks and sticks or something.

[STT]

To take risks is normal of course, Im not sure if caveman turned gambling into a game but surely they competed with one another and risked their own lives.  Part of gambling is linked to that ancient pathway in the brain for risk reward so its fair to say its always been there.

   If we never took any risks we'd starve and die of a cold anyway, risk and by extension even gambling is justified but not in an unlimited way and its a learned control discipline imo.   Just people learning to drive have to relearn reasonable risk or they end up losing alot worse then just money.

[Johnlomape]

There is money to be made in it. The players, the casinos, the government and even the companies that take commercial deals, like the sports clubs. Gambling is fun, and it gives players the opportunity to make some money too. When an opportunity like that is used properly, everybody eats, especially the casinos. It's just normal economics. When there is a demand, there will be a supply, and when the demand keeps increasing, the suppliers make more money.

On countless occasions when I win money, people close to me say something "teach me how to gamble". These are people who don't usually gamble, but they're enticed by the money I win, so they want to try it out. I don't teach them, of course, I make up an excuse of how gambling is not taught, or whatever, but this is just how the gambling industry grows, one web at a time. A persons see others winning money and they decide to try it out.
Statistics show that about 26% of the world gambles, and about 4.2 billion people gamble at least once a year. That's a lot of money.

Even though gambling give you the opportunity to make money, there will be people that will take it for granted and over gamble becoming addicted to it when they are supposed to handle like responsible hustler trying to make more money from betting. There are more people entering into gambling to learn and make their own money but due to the pandemic, many are left in agony and pains because they never knew what they are doing can cause a big problem in their lives.

[rachael9385]

Gamification is fun = companies take advantage of that.

I don't play casino slots, but I like slot mechanics and loot boxes on games. It's fun.

It just hits differently to get a game skin from a loot box, where you have the chance to win something rare. But I understand this is dangerous for many people who have no self control. I know I do... so I'm personally not too worried.

A lot of people avoid casino games for a lot of reasons and one of them is the fact that they have unfair system which is house edge makes gamblers lose and the casino makes more profit.  If you gamble on such games without self control you are only going to end up losing more money in the long run. I dont play casino slots everytime because it's possible that I might get start getting addicted to it

[Satofan44]

Honestly, I would immediately close my account if my preferred bank started to offer casino games in their official application, it does not make any sense for an official and respectable institution to provide unnecessary risk exposure to their clients.
I would guess you are from Nigeria, where bank have started to offer gambling services to their account holders. Here in Venezuela, we have not reached that level of gambling exposure, but I am worry it could happen and the effect it could have on children and teens.

Agreed but this is just one small part of the story. Even if the banks stopped being involved at all, the problem remains ubiquitous and widespread. It seems to me that the popularity of gambling is only going to continue, at least for now.

There was an other post by someone about Nigeria bank integrating betting button at the downside of their banking app, where an internal transfer can be done to the gambling section for deposit. The government leveraging on every opportunity to make more money by any means necessary. That's how the game is now.

If it is a private bank, it has nothing to do with the government.

Gambling laws are getting stricter in some countries. Gambling laws are not getting loose in most countries that gambling is accepted but just that the laws are not up to what it should be to some people. Also the law is not there to protect gamblers against ads and gambling addiction, it is gamblers that should protect themselves from addiction. People should not blame it on law but blame it on themselves. Some people will see stringent gambling law as unwanted.

Sounds good except that most people are too weak to protect themselves even from television or Instagram. Don't expect too much from weaklings.

In Europe there is some gambling as well as gambling advertisement but it is extremely regulated. You definitely will not see gambling links nor games from a banking app. But my bank itself does offer free lotteries sometimes. Does that count as gambling? Because they have always done that since I can remember. So nothing much has changed from my 90's kid perspective.

Advertising may be limited, but there are many gambling mechanisms that are popular over there too. It is just one part of the story. I think the largest danger comes from the last generation of kids who are growing up as completely reprogrammed consumers. There are lootboxes of some kind in almost every major game. Human nature is weak against these mechanisms, but someone who grew up doing actions that programs their brain into a gambling machine has no chance at all in the future.

[mindrust]

Gamification is fun = companies take advantage of that.

I don't play casino slots, but I like slot mechanics and loot boxes on games. It's fun.

It just hits differently to get a game skin from a loot box, where you have the chance to win something rare. But I understand this is dangerous for many people who have no self control. I know I do... so I'm personally not too worried.

A lot of people avoid casino games for a lot of reasons and one of them is the fact that they have unfair system which is house edge makes gamblers lose and the casino makes more profit.  If you gamble on such games without self control you are only going to end up losing more money in the long run. I dont play casino slots everytime because it's possible that I might get start getting addicted to it

But my man, casinos have to make a living too. It is how they make their bread and butter in the end. If there wasn't a house edge how would they pay their employees, server costs, how would they pay you for your signature? People are going hard against casinos for no reason imo. It is just another business and that's it. They make money as long as players lose money. In this equation players can never win in the long run. I know there are many exceptions who earn millions of dollars from gambling and they don't depend on their luck, they have a system but let's be honest, if everybody were like that, the whole industry would implode. It is unsustainable.

[Hispo]

Gamification is fun = companies take advantage of that.

I don't play casino slots, but I like slot mechanics and loot boxes on games. It's fun.

It just hits differently to get a game skin from a loot box, where you have the chance to win something rare. But I understand this is dangerous for many people who have no self control. I know I do... so I'm personally not too worried.

A lot of people avoid casino games for a lot of reasons and one of them is the fact that they have unfair system which is house edge makes gamblers lose and the casino makes more profit.  If you gamble on such games without self control you are only going to end up losing more money in the long run. I dont play casino slots everytime because it's possible that I might get start getting addicted to it

But my man, casinos have to make a living too. It is how they make their bread and butter in the end. If there wasn't a house edge how would they pay their employees, server costs, how would they they you for your signature? People are going hard against casinos for no reason imo. It is just another business and that's it. They make money as long as players lose money. In this equation players can never win in the long run. I know there are many exceptions who earn millions of dollars from gambling and they don't depend on their luck, they have a system but let's be honest, if everybody were like that, the whole industry would implode. It is unsustainable.

Pretty spot on, it seems there are people on the internet who forget casinos and bookies are just another form of business people to make money, some of them act as if those business are supposed to hand over money to them for no reason, it does not work like that, obviously.
Even casinos which are non-profit organizations, have to keep a house edge on their games in order to pay their personnel and get enough money to give away to charity.

I personally believe people would be less likely to become addicted to gambling and betting if they realize casinos are always going to win in the end, and in order for gamblers to win a significant amount of money, then thousands of other gamblers need to lose to compensate what the casino is supposed to pay lucky winners.

If there is a gambling epidemic it can only be a consequences of the lack of understanding and maturity of the average gambler and bettor, who perhaps is not supposed to be gambling to begin with. 

[YOSHIE]

Gambling is basically everywhere at this point.

Of course @Coffeezilla said the truth, the gambling epidemic is spreading very fast, you can feel the gambling epidemic in rural areas or in the villages, where remote areas used to be cool without noise, without internet, now everything is easy to access with the internet.

In addition to what Coffeezilla said, gambling can now be accessed with Android and people with access to the internet, yes we may understand that since the presence of online gambling, gambling has become part of people's lives. It is not surprising that some countries have implemented laws to cut aid to the community because the gambling epidemic has spread to remote areas, many poor people have become victims of the gambling epidemic.

[Hispo]

Gambling is basically everywhere at this point.

Of course @Coffeezilla said the truth, the gambling epidemic is spreading very fast, you can feel the gambling epidemic in rural areas or in the villages, where remote areas used to be cool without noise, without internet, now everything is easy to access with the internet.

In addition to what Coffeezilla said, gambling can now be accessed with Android and people with access to the internet, yes we may understand that since the presence of online gambling, gambling has become part of people's lives. It is not surprising that some countries have implemented laws to cut aid to the community because the gambling epidemic has spread to remote areas, many poor people have become victims of the gambling epidemic.

Also, I dont think there is such a thing like a global gambling epidemic as some people talk about in this thread, I believe gambling addiction can be very situational and widespread depending on the country ones lives and the societal status of that country as a whole. For example, one cannot compare gambling in the context of a country like Venezuela and Nigeria, those are very different countries with very different ways to view gambling. As far as I learnt, gambling has been normalized in Nigeria, while in my country (Venezuela), it continues to be rather a Niche of a market, still big, but not as big as in the African country.
one can talk about a gambling epidemic in Nigeria but I would not say the same is going on in Venezuela or other south American country.

This also makes me wonder who people living in Islamic republics are dealing with gambling and people addicted to gambling in general, as they do not recognize gambling as a legal activity, so perhaps those who are addicted do not seek help out of fear of being punished for engaging in an illegal activity.

[Satofan44]

Gambling is basically everywhere at this point.

Of course @Coffeezilla said the truth, the gambling epidemic is spreading very fast, you can feel the gambling epidemic in rural areas or in the villages, where remote areas used to be cool without noise, without internet, now everything is easy to access with the internet.

In addition to what Coffeezilla said, gambling can now be accessed with Android and people with access to the internet, yes we may understand that since the presence of online gambling, gambling has become part of people's lives. It is not surprising that some countries have implemented laws to cut aid to the community because the gambling epidemic has spread to remote areas, many poor people have become victims of the gambling epidemic.

It is almost everywhere these days, and kids are the ones that are the most negatively affected by this. It would need some sort of global unity and regulation to sort this stuff out. Any mechanism that even resembles gambling a tiny bit should be made 21+. Not even free lootboxes should be allowed (paid ones are not even a topic, they are out of the question).

Also, I dont think there is such a thing like a global gambling epidemic as some people talk about in this thread, I believe gambling addiction can be very situational and widespread depending on the country ones lives and the societal status of that country as a whole. For example, one cannot compare gambling in the context of a country like Venezuela and Nigeria, those are very different countries with very different ways to view gambling. As far as I learnt, gambling has been normalized in Nigeria, while in my country (Venezuela), it continues to be rather a Niche of a market, still big, but not as big as in the African country.
one can talk about a gambling epidemic in Nigeria but I would not say the same is going on in Venezuela or other south American country.

This also makes me wonder who people living in Islamic republics are dealing with gambling and people addicted to gambling in general, as they do not recognize gambling as a legal activity, so perhaps those who are addicted do not seek help out of fear of being punished for engaging in an illegal activity.

Are you sure that you even watched the video or you just read the statement regarding Coffeezilla? Something can be a global epidemic without actually affecting every single place on earth. That there are some exceptional examples where gambling is still frowned upon does not change the fact that there is an epidemic going on. Furthermore, just because gambling is banned and frowned upon that does not mean that nobody in those countries is gambling or engaging in gambling-like activities.

When in doubt, go watch the video (that you haven't watched). Most kids that have a mobile phone are gambling daily, you have no idea what you are talking about. 

[hedgeh0g]

I would agree with him, too, because I see ads on the streets too often, and when I go online, there's so much of it that sometimes I even start to feel disgusted. On the contrary, I understand that this advertising is generated by losing players, and I simply understand that gambling is unprofitable, so I gamble very rarely now and only bet on teams that I can find a thousand reasons to bet on. If that's not enough, I simply won't bet. In any case, the consequences of gambling may still exist in the future, when a generation of losing players may not want to work regular jobs because they're obsessed with getting rich quickly, but in real life, that almost never happens.

[Julien_Olynpic]

I wouldn't call it an epidemic; I'd call it a natural development in the industry. I sometimes enjoy reading esoteric books and occasionally reading about astrology. They say we're in the Age of Aquarius, which is an air sign. Of course, this is just an analogy, and we shouldn't take it too seriously, but comparing high technology to games based on high technology and air is a very productive analogy. This will continue until it reaches its extremes. Then a countermovement and a different vector of interests will emerge.