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Casinos aren't illegal

Saijanai Kuhn
Registered User
Join date: 16 May 2007
Posts: 130
07-25-2007 22:36
Payouts in the form of Lindens, real money, or sellable items are illegal.

prizes in exchange for chips are still allowed, as long as the prizes are no transfer.
Shipper Sodwind
Registered User
Join date: 25 Nov 2006
Posts: 132
07-26-2007 04:13
Clutch at straws all you like, IT'S BANNED !!
Lee Ponzu
What Would Steve Do?
Join date: 28 Jun 2006
Posts: 1,770
Insurance is legal.
07-26-2007 13:44
I would like to be insured against the possibility that I will get 777 the next time I pull the handle of this slot machine. Not gambling 8-)

The insurance costs 10L$. If the worst happens (heaven forbid), and the dreaded 777 comes up, the insurance will pay me L$1000

Not gambling 8-)
Lindal Kidd
Dances With Noobs
Join date: 26 Jun 2007
Posts: 8,371
07-26-2007 14:02
I think we can call that a "Ponzu Scheme" in your honor. :)

Sorry...but the insurance industry as a whole is a form of gambling. You buy life insurance. You are betting that you'll die before you've paid more in than the amount of the policy benefit. The insurance company is betting that you'll live to make the payments.

I've never understood why anyone would bet on their own death...I want the OTHER end of the bet, thanks very much!
Johan Laurasia
Fully Rezzed
Join date: 31 Oct 2006
Posts: 1,394
07-26-2007 15:11
From: Lindal Kidd

Sorry...but the insurance industry as a whole is a form of gambling.


That's hardly true. Insurance is based on statistics, not gambling. The idea is that 100 people pay $100 a year to cover the statistical fact that say, 10 percent (one of them) will die. Insurance companies hardly gamble. It's all worked out mathmatically.
Turmith Flamand
Registered User
Join date: 7 Dec 2006
Posts: 1
07-26-2007 15:51
So are poker hands, whats your point?
Draco18s Majestic
Registered User
Join date: 19 Sep 2005
Posts: 2,744
07-27-2007 06:42
From: Johan Laurasia
That's hardly true. Insurance is based on statistics, not gambling. The idea is that 100 people pay $100 a year to cover the statistical fact that say, 10 percent (one of them) will die. Insurance companies hardly gamble. It's all worked out mathmatically.


Worked out mathematically that if the average number of people die, they still make money, yes. Just like if the average number of 777s on a slot machine come up on a million spins of a slot machine the casino still makes money.

It's all worked out mathematically.
Mo Dryke
Dryke Gallery Owner
Join date: 2 Feb 2007
Posts: 192
07-27-2007 06:45
mmm. casino are not illegal.
so what?

IRL, putting your boots on my bed is not illegal too... but if you wanna come at home, it's forbidden... if you don't respect that, I ban you from my house... wich may be violent, much more than in SL.

So, casino may be legal or not... not very important: if you wanna be in sl, casino is just no.

what else?
Taco Rubio
also quite creepy
Join date: 15 Feb 2004
Posts: 3,349
07-27-2007 07:10
From: Johan Laurasia
That's hardly true. Insurance is based on statistics, not gambling. The idea is that 100 people pay $100 a year to cover the statistical fact that say, 10 percent (one of them) will die. Insurance companies hardly gamble. It's all worked out mathmatically.


ur math sux
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Draco18s Majestic
Registered User
Join date: 19 Sep 2005
Posts: 2,744
07-27-2007 10:49
From: Taco Rubio
ur math sux


Here it is, explained and defined to the most minute detail as it pertains to gambling:

Gambling analogy

Both gambling and insurance transfer risk and reward.

Gambling transactions offer the possibility of either a loss or a gain. Gambling creates losers and winners. Insurance transactions do not present the possibility of gain. Insurance offers financial support sufficient to replace loss, not to create pure gain.

Gamblers can continue spending, buying more risk than they can afford to pay for. Insurance buyers can only spend up to the limit of what carriers would accept to insure; their loss is limited to the amount of the premium.

Gamblers, by creating new risk transfer, are risk seekers. Insurance buyers are risk avoiders, creating risk transfer in terms of their need to reduce exposure to large losses.

Gambling or gaming is designed at the start so that the odds are not affected by the players' conduct or behavior and not required to conduct risk mitigation practices. But players can prepare and increase their odds of winning in certain games such as poker or blackjack. In contrast to gambling or gaming, to obtain certain types of insurance, such as fire insurance, policyholders can be required to conduct risk mitigation practices, such as installing sprinklers and using fireproof building materials to reduce the odds of loss to fire. In addition, after a proven loss, insurers specialize in providing rehabilitation to minimize the total loss.

Insurance, the avoiding, mitigating and transferring of risk, creates greater predictability for individuals and organizations.
rain Bradley
Registered User
Join date: 29 May 2006
Posts: 117
someone help me understand
07-27-2007 11:29
From: Shipper Sodwind
Clutch at straws all you like, IT'S BANNED !!



the way i read it as a dmc owner it is illegal to pay out on my system...therefore i am doing the prize as no transfer deal...it isnt working people want money...so they are flocking to the places that still play on a pay in basis...who is wrong and who is right it all seems up to interpretation to me...dmc/slingo is a pay in and after 20 rounds of random numbers that it takes no skill to click(like bingo)...a winner with the highest score gets the pot....since that pot can be cashed in for real us dollars it is gambling and therefore has real life value....to me its simple if im caught i will lose my account and it isnt worth it...not only the owner of the game but the players as well....if iam wrong pls correct me....till then you can find me learning to build at tcu university under the wing of BigTonny Goodfellow..my partner and he knows whats best for me and for our island...
Osgeld Barmy
Registered User
Join date: 22 Mar 2005
Posts: 3,336
07-27-2007 19:41
crack houses are not illegal either, but the stuff that happens inside of them is
Star Quintus
Demon
Join date: 7 Jul 2006
Posts: 18
07-29-2007 23:31
Defined reason;

Its all about money. The taxman and all the other goonies simply lose it. So, its banned. They have the power, because you, the people, given them it.
Mickey Heaney
Registered User
Join date: 20 Dec 2005
Posts: 51
What Really Is The Gamble?
07-30-2007 04:42
It has become more and more apparent to me recently that the biggest gamble of all is putting money into the Lindens pockets and expecting to get something for it....

Whilst i understand that life is seldom straightforward, and laws are changed, there are currently thousands of members that have paid the equivilant of tens of thousands of US dollars on gaming machines, casinos, land for them, and in many cases wages for SL employees to run them.
On a personal note, i will miss the games greatly, and to many like me it will be a great loss, but if this is now the way of the SL world, surely Linden Labs with all of our money could be gracious enough at least to offer some kind of token compensation to all owners affected.
This like many things has left a very bad taste in peoples mouths, and most just wonder what will be next.

Add this all together with the regular problems causing downtime, the almost weekly maintenance hours lost, the late stipends and other issues that prevent us recieving money,
and it certainly takes any shine away from any real SL future :(
Nack Barnes
Bartender Man
Join date: 15 Jan 2007
Posts: 66
07-30-2007 06:59
What would you suggest Linden Labs offer the scammers in recompense for being told they can no longer scam other residents?
Brock Gladstone
Registered User
Join date: 28 Apr 2007
Posts: 12
07-30-2007 23:36
From: Nack Barnes
What would you suggest Linden Labs offer the scammers in recompense for being told they can no longer scam other residents?


You assume all casino owners are crooks and are out to rip people off.

You do remember what happens when you ass-u-me, don't you?

But of course, the few bad apples out there ruin it for the good. You feel completely justified because of your mistaken belief that all casino owners were out to defraud people. If that were true, casinoes would have been shut down long before now. It doesn't matter to you that there were decent people out there that just happened to own a casino or two.

In case you failed to notice, there are plenty of other ways to scam people that don't involve going through the pains of buying land and setting up a building. Of course, now you've got someone to villify... so bully for you. Just remember two things:

1) Judge not lest ye be judged.
2) Let those that are without sin cast the first stone.

I'm not condoning the actions of those that sought to rip people off; they deserve whatever they get. (Which can't be a whole lot... they get banned only to create another account and have another go at it). However, painting the good casino owners with the same brush is erroneous. Pat yourself on the back and jump with glee all you wish... in the end you won't be missed any more than you miss the casinoes / gamblers.
rain Bradley
Registered User
Join date: 29 May 2006
Posts: 117
thats just cold hearted
07-31-2007 11:06
From: Nack Barnes
What would you suggest Linden Labs offer the scammers in recompense for being told they can no longer scam other residents?


I am tryin to see the lighter side of this gambling thing but Nack made me realize there are a lot of shady people out there..I am one of the owners affected by this thru my Dmc/slingo area..calls to LL have had no effect imagine that....all thelindens had to do was close lindex and take away thevalue of the linden in the real world....but alas that would mean they lose money omg if that happens....take a look at the number of people logging in lately....this decision has hurt a lot of people and without us what is second life.....second life wont be much fun with all those lindens sitting alone on empty servers....people will simply move on to other things.....it is all about money sadly


and very well said Brock

also...look at the Islands..how many people have them and pay for them thru the games and things they play..how will they support themselves in this game..before you say bull just think i as one owner pay 400 us dollars a month for theprivilegde of this game..lag..no inventory and many other problems...its a gamble even logging in lol...

now what if and i say what if people stop buying lindens..jee or stop selling them thru lindex....we have taken all things in stride as citizens of this game and im sure we can figure out how to play but i know i wont buy any more lindens or pay rent anywhere else...

these are just my thoughts and not gospel lol thats a whole other forum :)
have a great day everyone
Reitsuki Kojima
Witchhunter
Join date: 27 Jan 2004
Posts: 5,328
07-31-2007 11:36
Why is it people are stupid enough to think they can get LL by the short hairs by creatively rewording the exact same thing?

I'm not looking at anyone in specific, but it seems to be a sadly common theme. "Well, the banned gambling, but they didn't ban X *wink wink, nudge nudge*". These people make the rules, and can basically enforce them as they see fit. You can't get one over on them like that.
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Escort DeFarge
Together
Join date: 18 Nov 2004
Posts: 681
08-01-2007 15:00
From: Lindal Kidd
Sorry...but the insurance industry as a whole is a form of gambling. You buy life insurance.

I fully agree ...more than that it seems to me that all business is based on investment and risk. Isn't "gambling" just a short term expression of that?

Just a thought. :)
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Carli Dancer
Registered User
Join date: 15 Aug 2006
Posts: 411
08-01-2007 22:32
From: Reitsuki Kojima
Why is it people are stupid enough to think they can get LL by the short hairs by creatively rewording the exact same thing?

I'm not looking at anyone in specific, but it seems to be a sadly common theme. "Well, the banned gambling, but they didn't ban X *wink wink, nudge nudge*". These people make the rules, and can basically enforce them as they see fit. You can't get one over on them like that.


Can we play tiddlywinks for money?

Just checkin.




hehe - Never underestimate how stupid people can get.
Lord Leafblower
O.O
Join date: 13 Aug 2006
Posts: 26
08-02-2007 01:51
From: Reitsuki Kojima
Why is it people are stupid enough to think they can get LL by the short hairs by creatively rewording the exact same thing?

I'm not looking at anyone in specific, but it seems to be a sadly common theme. "Well, the banned gambling, but they didn't ban X *wink wink, nudge nudge*". These people make the rules, and can basically enforce them as they see fit. You can't get one over on them like that.


True, but at the same time - its good that people feel they can brainstorm ideas here and who knows, maybe something useful comes out of people throwing ideas in the pool.

It's not always stupidity that is driving such comments, often determination and just a twist on creativity for some people.

Let it ride =)
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Darien Caldwell
Registered User
Join date: 12 Oct 2006
Posts: 3,127
08-02-2007 12:42
From: Reitsuki Kojima
Why is it people are stupid enough to think they can get LL by the short hairs by creatively rewording the exact same thing?

I'm not looking at anyone in specific, but it seems to be a sadly common theme. "Well, the banned gambling, but they didn't ban X *wink wink, nudge nudge*". These people make the rules, and can basically enforce them as they see fit. You can't get one over on them like that.


Because it works in Real Life. In Louisiana, they banned gambling on land. So the Casinos dredged underneath their buildings, and set them on barges floating in a pool of water. Tada, they aren't gambling on the land anymore. And they got away with it.
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Kalel Venkman
Citizen
Join date: 10 Mar 2006
Posts: 587
Games of Chance Illegal
08-02-2007 13:31
So start making deterministic games that rely entirely on skill and pay the most skilled players.

But charge them to play.

Problem solved - it's not gambling if no chance is involved, and we can create a whole new industry on the ashes of the old one, and the casinos don't have to close.
Mike111 Ewing
Registered User
Join date: 16 Apr 2007
Posts: 5
08-03-2007 12:43
yeah good idea you genius people, try to get around the TOS so you can make money off games that the tax people will still want money from, and if you making money off games its easy for them to say its gambling, if arcade games paid off if you finished the games or got a high score that would be gambling to.

Since i joined Secondlife the whole thing has gone downhill its like well reality now.. you hardly have any freedoms left in a virtual world, how stupid is that.. maybe thats why im hardly on anymore, i got more freedom on a bicycle when i have no money in my pocket.

Why cant second life set up shop in vegas and declare the whole world one big gamble, because if you put real money into SL - thats what it is anyway.. like throwing money down the drain. or a errr slot machine. $2us dollars for virtual shoes hahah.