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Re:Facebook Let Kids Rack Up Charges on Parents' Credit Cards by leetcrew on Friday January 25, 2019 @10:53PM (#19004659)
honestly I think gambling could be a good thing for a child if they use money they've worked hard for themselves. sooner or later they will suffer a bad loss and have no new toys for a while. maybe give them some "margin" too to really get the point home.
Re:Facebook Let Kids Rack Up Charges on Parents' Credit Cards by onion2k on Sunday January 27, 2019 @04:42AM (#19011092)
Gambling companies aren't stupid. You only ever lose what you stake, and gambling machines aimed at kids always return a small win, but usually smaller than the stake. That difference is what funds the larger wins (and company profit), but it's the small wins that keep kids playing. When a kid gambles away all their money and all the small win returns that's just "bad luck", and next time they might get a big win and walk away.

Letting kids gambling is a parental choice, but if you think it's teaching your kid a valuable lesson you are dead wrong.

Re:Facebook Let Kids Rack Up Charges on Parents' Credit Cards by leetcrew on Sunday January 27, 2019 @09:44AM (#19011867)
I'm not really talking about just letting children open fifty loot boxes back to back. the kid doesn't necessarily understand they are losing in that scenario.

I'm thinking more about games like roulette, poker, dice with chores money. maybe it would need to be in a more controlled environment, like family game night.

not exactly gambling, but I learned a great lesson from my father this way when I was about eleven or twelve. I really wanted some expensive Lego so I begged my dad to lend money to purchase it. at first he wouldn't do it, but eventually he decided it might be a good learning experience for me. I had a blast playing with that set for a month or two, but after a while it was just one more toy that I owned. it took a lot longer than that to pay him back, so I had ample time to reflect on how much it sucked to be in debt. I never asked my dad for another toy loan, and I've basically never considered borrowing money again for anything other than college.

Re:Facebook Let Kids Rack Up Charges on Parents' Credit Cards by fhbdukfrh on Saturday January 26, 2019 @03:39PM (#19008336)
Why do you expect a child to learn a logical lesson that millions of adults don't understand?
Re:Facebook Let Kids Rack Up Charges on Parents' Credit Cards by hopler on Saturday January 26, 2019 @07:12PM (#19009451)
Because the adults didn't learn when they were impressionable children?