Title: Gambling License Post by: Yogee on October 01, 2020, 04:34:46 AM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered?
I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries. Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? Title: Re: Gambling License Post by: avikz on October 01, 2020, 05:37:59 AM registration of a casino is a good to have feature but its not mandatory - at least from the gambler's perspective! So majority of crypto casinos try to register themselves just to build the trust factor among the players. Curacao has become popular destination for such businesses because they are known as tax heaven for such businesses. Companies need to pay on 2% tax on profit! Read it again - 2% on profit and not on revenue!
Now to answer your questions - 1. There is a way to verify the legitimacy of the license. Please see below link on how to do it, https://casino-howto.com/blog/how-to-verify-curacao-gambling-licenses-easy/ It contains the process of verification. 2. Depends on an individual. There are many casinos who are not registered by offering provably fair games. It depends on you whether you are comfortable using a nion-registered casinos. 3. That's why a forum like bitcointalk is here. You can get live reviews from the community members on real time basis. Having a license doesn't mean a business is fair. A simple example is butstarz casino which is registered in Curacao but their reputation is really bad in bitcointalk. Title: Re: Gambling License Post by: ralle14 on October 01, 2020, 07:59:34 AM Since avikz already answered the first question i'll start with the second question.
2. Is it enough that they offer provably fair games? For me the provably fair games aren't enough. With or without the license they could easily lose their reputation if they couldn't maintain their reliability.3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? If it's a new casino better wait for other gamblers to try it out since the games are usually the same.Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? No. I don't rely on the license of a casino that much since there's also bitcoin casinos here that didn't have a license and still treat their players fair. Title: Re: Gambling License Post by: TGD on October 01, 2020, 08:05:07 AM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? I will make a big difference of ever a casino get a license from a more stricter country like UK because gambler can guarantee that the regulators do there job to audit the casino before they give the license unlike Curaçao license that anyone can get as long as you have money to pay them. The problem was the qualification standard of the casino to get that license. I believe casino under UK will require user to do KYC and will imposed a lot of rules that will not beneficial for online gamblers. There's always a pros and cons on this discussion. Title: Re: Gambling License Post by: Mauser on October 01, 2020, 08:37:44 AM Questions: 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? I think your question 2 and 3 are very closely related. Unforntunately a gambling license is not a guarantee that the games are fair games. It would still be on us gamblers to check the games if the are actually fair games. Most gamers just rely on the reputation of a good casinos and look for reviews. So with new casinos it's hard for anybody to determine if it's legit or a scam. The casino website could be 100% legit, with license, provably fair games and everything, and in the end it could still be a scam if you have issue when withdrawing money from the casino site. My approach for new casinos is that I usually only play with small fund (less than $50) and see if everything is alright. When there are issues withdrawing my initial funds again I know something is wrong with casino and I am glad for not depositing more money. Title: Re: Gambling License Post by: carter34 on October 01, 2020, 09:02:44 AM Questions: 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? My approach for new casinos is that I usually only play with small fund (less than $50) and see if everything is alright. When there are issues withdrawing my initial funds again I know something is wrong with casino and I am glad for not depositing more money. That is a nice approach and way to know a genuine gambling site. I don't depend on review a lot or the extent that they have existed. I depend on my own experience with them to build my own trust level. I will not start with huge amount until I can now get some trust based on how my withdrawal is with them, because withdrawal is the ultimate in it all. Title: Re: Gambling License Post by: Questat on October 01, 2020, 09:06:46 AM I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino? Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose.
Title: Re: Gambling License Post by: tippytoes on October 01, 2020, 09:20:07 AM Questions: 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? My approach for new casinos is that I usually only play with small fund (less than $50) and see if everything is alright. When there are issues withdrawing my initial funds again I know something is wrong with casino and I am glad for not depositing more money. That is a nice approach and way to know a genuine gambling site. I don't depend on review a lot or the extent that they have existed. I depend on my own experience with them to build my own trust level. I will not start with huge amount until I can now get some trust based on how my withdrawal is with them, because withdrawal is the ultimate in it all. But feedback from users is also important to see how they treat all levels of players. Are they resolving issues whether it is just a small one? So reading their thread here, if there's any, will give you insights on how they are managing their business. But it is also true, to get the real experience, start small and see how it goes from there. Actual experience is necessary to gauge how you feel playing on a particular casino. If it satisfies your playing experience or not. And from there, you can also check the provable fairness of the game, where casinos usually have their own section to check the fairness of the game. There are threads here in the forum having in-depth discussion on this topic and tutorials for some casinos : https://bitcointalk.org/index.php?topic=5227525.0 - How fair is Provably Fair? Do you verify every bet as a gambler? (New Update) https://bitcointalk.org/index.php?topic=5235045.0 - How to check fairness of your bet - based on Luckydice https://bitcointalk.org/index.php?topic=5278377 - 🍀Lucky.lat🍀 - Bets verifier for Luckybit Title: Re: Gambling License Post by: Coin_trader on October 01, 2020, 09:24:00 AM Having a license doesn't mean a business is fair. A simple example is butstarz casino which is registered in Curacao but their reputation is really bad in bitcointalk. That depends on what country you have license. We all know that Curacao license doesn't mean at all, Curacao license only requires fee and a fair system on the casino so as long as you meet that requirements, Casino are already good to go without no further investigation after the initial one. Although some trusted casino have a Curacao license due to favorable tax for the operator. Answering the third question. It's easy to spot a scam new casino. You can check the quality of domain, hosting, script, UI/UX design and there marketing. If they show a good quality casino that looks like they invested a lot of money to build it then that is a good sign that the operator is serious on establishing and operating the casino for the long run. Title: Re: Gambling License Post by: imstillthebest on October 01, 2020, 09:44:45 AM i dont call my self a pro but i can be a casual gambler . i dont check the license but i just play on the casino that i think not a scam . all of them are registered , they claim that within thier site . having these two is already enough and the place where it was registered is not a big deal to me but idk to some . if they are pro and big bettors , they probably care with it because they dont want to waste every bet they make . mostly the sites that i use are under curacao . curacao accept what they think is legit but they dont know if what happens next , the gambling site can do shady acts but curacao can always reverse the contract if found out so that their reputation will not be affected .
Title: Re: Gambling License Post by: Sanitough on October 01, 2020, 10:00:05 AM i dont call my self a pro but i can be a casual gambler . i dont check the license but i just play on the casino that i think not a scam . all of them are registered , they claim that within thier site . having these two is already enough and the place where it was registered is not a big deal to me but idk to some . if they are pro and big bettors , they probably care with it because they dont want to waste every bet they make . mostly the sites that i use are under curacao . curacao accept what they think is legit but they dont know if what happens next , the gambling site can do shady acts but curacao can always reverse the contract if found out so that their reputation will not be affected . I heard about some casinos are hyping us about their curabao license, but to be honest, I am not impress with that as license is a basic requirement in order for them to operation, but reputation is the most important as it will be build along the way. Some sites have good reputation, so if you'll ask me, I would not doubt anymore about their license, if they don't have, then they must be special for people to like them despite being unlicensed. Actually the word license should not be a big deal as we are in crypto, what we value is anonymity and license means we have to comply some regulation which would defeat the purpose of anonymity. Title: Re: Gambling License Post by: mu_enrico on October 01, 2020, 11:56:48 AM License is just to show that the business is serious (the intent), especially if it is issued in Curacao or other places that don't have good governance. Something is better than nothing IMO.
Provably fair is good, but it has a different purpose than the license. A license is more to make sure the casino doesn't suddenly get raided by cops. Besides, there are only a limited number of provably fair games and even fewer if you count only the "actually playable" from gamers' eyes. Reputation/review can be a good indicator of a legit casino, but not always since it can be gamed. I'll try it myself even though it has a bad reputation, as always, DYOR. Title: Re: Gambling License Post by: Sadlife on October 01, 2020, 02:14:19 PM License is a necessity for gambling casino's it show legitimacy, and people will trust it more and deposit huge amount of money because they know their money is safe. Actually most gambling sites has those proof in order to operate in the long run, because without license your business maybe banned and can be shutdown by the government regulators, endangering your customer's money.
Title: Re: Gambling License Post by: RokokGudangGaram on October 01, 2020, 04:36:37 PM License is just to show that the business is serious (the intent), especially if it is issued in Curacao or other places that don't have good governance. Something is better than nothing IMO. Very well said. Indeed, having a license contributes to the kind of service that the casino wants to offer and it somehow affects the perception of players towards the casino. And I agree that provably fair games has different purpose with a casino being licensed, it is good enough but it doesn’t stop there. Whether it is old or new casino, it is crucial to conduct research and check out for reviews of players regarding their experiences.Provably fair is good, but it has a different purpose than the license. A license is more to make sure the casino doesn't suddenly get raided by cops. Besides, there are only a limited number of provably fair games and even fewer if you count only the "actually playable" from gamers' eyes. Reputation/review can be a good indicator of a legit casino, but not always since it can be gamed. I'll try it myself even though it has a bad reputation, as always, DYOR. Title: Re: Gambling License Post by: avikz on October 01, 2020, 05:18:55 PM Having a license doesn't mean a business is fair. A simple example is butstarz casino which is registered in Curacao but their reputation is really bad in bitcointalk. That depends on what country you have license. We all know that Curacao license doesn't mean at all, Curacao license only requires fee and a fair system on the casino so as long as you meet that requirements, Casino are already good to go without no further investigation after the initial one. Although some trusted casino have a Curacao license due to favorable tax for the operator. A Curacao license holder casino needs to be audited every year! Try a little Google search and you will find the information. It also requires the promoters to travel to Curacao at certain intervals for some legal check or so. So while it's easy to get a license from Curacao but it requires certain efforts to maintain it. Title: Re: Gambling License Post by: ScamViruS on October 01, 2020, 05:20:09 PM It is understood through the license that they have come to do business in a serious way. And because of the license, there is no possibility of any sudden major raid by the authorities. Curacao is the easiest to get gambling license, they do not verify well up to the standard of those gambling casinos.
There are many licensed casinos that are not fair, there are many casinos that are not licensed but they are giving good service. So whether a casino is good or bad should be considered in public reviews, but in this case also you have to be careful from paid reviews. Title: Re: Gambling License Post by: mindrust on October 01, 2020, 05:22:15 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries. Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ...... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? 1. Curaçao license means nothing to me. 2. No it is not. 3. If it is new, I let the others do the testing. Curaçao still means nothing. OK Maybe not nothing... It may mean a little bit of something but not that much enough to change my opinion. Title: Re: Gambling License Post by: Lakai01 on October 01, 2020, 05:25:34 PM License is a necessity for gambling casino's it show legitimacy, and people will trust it more and deposit huge amount of money because they know their money is safe. I see it completely different. A gambling license from Curaçao, for example, is anything but difficult to get and probably not a big hurdle for any casino.Just because a casino had enough money to buy a license does not mean that you can trust it. Licensed or not, does not indicate whether a casino rather scamed you or not. Without knowing for sure, I think that very few crypto casinos are licensed at all. Maybe efialtis from BTCGosu has more information about this? Title: Re: Gambling License Post by: akhjob on October 01, 2020, 05:47:10 PM Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? 1. I don't really care about the licensing and regulations. Reputation of the site is a must for me. 2. Provably fair game is not enough for me, but its a big plus. 3. If its new, I dont even check them unless some reputed members vouch for them. Whether the licensing is from Malta or UK or Curacao, its all the same for me. Title: Re: Gambling License Post by: dunfida on October 01, 2020, 05:59:19 PM Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? 1. We know that having license is one of the most important thing but just like on what others said, it doesnt really matter much to me as long the sites reputation is okay. 2. You can verify their games but legit sites would really make you able to do so. 3. If you do deal with something new then its always been ideal to test out waters with just a small amount of money and then you can make out your own reviews towards it. You can eventually tell the sites potential by just looking on its appearance on the first place.If you do saw a mediocre or poorly designed or built side then you would really have those perceptions. Title: Re: Gambling License Post by: gadado on October 01, 2020, 06:43:27 PM Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? 1. I'm no quite knowledgeable about Licenses I just usually click the logo of the Curucao License at the bottom and usually it links to a website where you can verify its legitimacy. 2. I don't think so since anytime they could close your account, close the website and run away with the players money 3. If they are new I occasionally play there not a big amount of course and maybe some after time there is always one user who will get lucky to win an amount and if they managed to withdraw it or the casino pays the player then that's a good indication that the casino could be trusted. Most online betting site and casino I visited that require KYC are registered to Malta I don't think the differences about licenses but I mostly stay away from casinos or betting site that asks for personal information Title: Re: Gambling License Post by: milewilda on October 01, 2020, 06:51:47 PM Questions: 1. Some of famous sites doesnt have a license or do play on the neutral side but still able to get some attraction due to good service that they had given out to players and make theirselves bigger in a matter of time.1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? 2. Its enough for me, as long i do know that they're fair then i wont really have those questions in mind or doubts when i do lost. 3. Common sense, people will really be going after into those sites that had much better review and feedbacks.For something new then we should only test it with small amounts rather than making a big deposit since you wouldnt know if they had just created the site just for them to scam out people. Title: Re: Gambling License Post by: adzino on October 01, 2020, 07:56:55 PM Does it really matter where the casino got their license as long as they are legit and fair to their players?
2. Is it enough that they offer provably fair games? It would be stupid to trust a casino blindly just because it is providing provably fair games. Anyone can build a provably fair games, allow users to deposit and then never let them withdraw. Or build trusts for few days and then stop processing withdrawals of those who won big. Reputation matters. The older the casino is, the better it is. They are "old" because they managed to run their business up till today without any problems.Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? Like I said, it won't matter for most of the people as long as the casino is fair and has a very good reputation.Title: Re: Gambling License Post by: wxa7115 on October 01, 2020, 08:16:36 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? To me the third question is the most important, without a doubt a casino that has a gambling license is preferred but it is not like that is a protection against getting scammed, the most important aspect when looking for a bitcoin casino to play there long term is their reputation over the years.I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries. Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? If their reputation is shaky and every few months you see players coming with rightful accusations against the casino even if they are successfully resolved that tells me the casino does not have the best support, which is critical as sooner or later you will run in trouble and you want to know the casino has your back in those cases, but if the casino has a good reputation with little to no incidents then that is a casino where you can play knowing your coins are most likely are safe, but what about new casinos? Personally I do not bother with them since I am not risking my coins just to try a new casino with no reputation. Title: Re: Gambling License Post by: dothebeats on October 01, 2020, 08:19:50 PM 2. It isn't enough to for a platform to host a provably-fair game. It has to have some solid backing on it, like an established community, for me to consider playing in their turf. There are some platforms who offered provably-fair games for the first few months, then after people got comfortable, they just rigged the system and disappeared. I forgot the name of that casino but they were red tagged to hell for doing that stunt.
3. I usually avoid 'new' casinos unless some other trusted members here vouched for them, or have played and gave their honest review. Then again, due to that particular casino that I was talking about, I never really tried new casinos anymore starting 2019. Title: Re: Gambling License Post by: Becky666 on October 01, 2020, 08:23:55 PM I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino? Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose. More also like me, the licensed casinos had showed to us that; not all licensed gambling casinos that should be trusted. Series of accusations has been raised in the forum without any coregent reasons. The importance of a reputable and trusted gambling casino is; gamblers have used the platform and find sincerity and trustworthiness. Personally, I won't go for gambling platform because it's licensed but without reputation.Title: Re: Gambling License Post by: goaldigger on October 01, 2020, 08:52:35 PM I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino? Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose. More also like me, the licensed casinos had showed to us that; not all licensed gambling casinos that should be trusted. Series of accusations has been raised in the forum without any coregent reasons. The importance of a reputable and trusted gambling casino is; gamblers have used the platform and find sincerity and trustworthiness. Personally, I won't go for gambling platform because it's licensed but without reputation.Title: Re: Gambling License Post by: target on October 01, 2020, 08:54:54 PM If it doesn't have a scam accusation here in bitcointalk and their trust isn't red, I think its enough reason to test the casino. The users in the forum normally say something when they feel they are being cheated by the casino and if they do have proof they will provide it. And then active DTs will investigate a bit and when they find it authentic, it becomes a valid proof that will reflect to its reputation. New casino doesn't mean dubious casino but it help if they have license to build reputation. Title: Re: Gambling License Post by: chaser15 on October 01, 2020, 09:13:26 PM I have to admit that I'm one of the users who are not looking for a licensed whenever a gambling site got introduced in the Bitcointalk forum nicely and able to answer all queries by the community by their active representative.
And to add trust, if they held a signature campaign here and able to get a good track record in terms of payment. If their representative unable to answer the usual "Are you licensed?" question which supposedly just a simple matter, then that's the time their legality will be questioned. Title: Re: Gambling License Post by: DarkDays on October 01, 2020, 09:30:05 PM Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? As a gambler I do rely a little on other players, and when looking at legitimacy if it comes from 'sketchy' countries then if it is a new casino I wait until there're enough feedback before I decide to register or deposit. Quote 2. Is it enough that they offer provably fair games? I usually regard places with provably fair games more legit then others but again if this is coming from a less regulated country, this on its own won't be enough. This is because the casino could still walk away with large amounts of money, having provably fair games doesn't prevent that. Quote 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? If new, I for sure won't be the guinea pig. There are too many casinos out there that I can use, there isn't a large incentive to try new ones out, specially if I'm not sure about their regulation etc.[/quote] Quote Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? To me it does but again I won't solely rely on regulations, I'd still be careful. This is something others should take after also.Title: Re: Gambling License Post by: Johnyz on October 01, 2020, 09:39:42 PM Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation.
Title: Re: Gambling License Post by: Twinkledoe on October 01, 2020, 10:37:51 PM If it doesn't have a scam accusation here in bitcointalk and their trust isn't red, I think its enough reason to test the casino. The users in the forum normally say something when they feel they are being cheated by the casino and if they do have proof they will provide it. And then active DTs will investigate a bit and when they find it authentic, it becomes a valid proof that will reflect to its reputation. New casino doesn't mean dubious casino but it help if they have license to build reputation. This is one of the advantage of reading here in the forum. A lot of new casinos can't get their license yet but they can already introduce their platform here and start their business rolling. That is true, if there is no scam accusations thrown to them, then there's no reason not to try on their casino. And if their support is active and fast, then they have good chance that they can attract players. This is also the reason why some casinos are having their test period also, to check potential bugs and issues. Some only acquire license once they are already established, and there's nothing wrong with that as long as they are having good relationship with their players. But yes, having gambling license is a plus even if it is Curacao license. Title: Re: Gambling License Post by: Danslip on October 01, 2020, 11:07:12 PM The regulation of gambling platforms is an important factor for obvious reasons, playing in the unlicensed casino is the backdoor for the casino management to cheat on the player and no one will help the victims, from my experience. The new casinos should be tried by gamblers and the gamblers will share their opinions on various forums, social media as usual. Unlike well-known casinos, the license and KYC requirements are the first two things I look for before depositing a cent to my newly registered account.
Title: Re: Gambling License Post by: goinmerry on October 01, 2020, 11:18:38 PM 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 1. Not actually engaging in that part. I do have my own way to analyze if the gambling site is kind of shit or not. 2. Is it enough that they offer provably fair games? 2. For me, NO but not a big deal if that's the only thing they can offer. Overall, it depends on how they introduce the site and offers something good. Plus of course, if they show some positive traits that a good gambling site should have. 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? 3. If it's new then I want to see first how they want to improve their reputation starting from scratch. If I saw the effort was good, in terms of marketing, keeping in touch with the community, giving regular updates, and so on, that was a big + to me. Title: Re: Gambling License Post by: shield132 on October 01, 2020, 11:22:34 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? 1. Most likely crypto casinos are registered under the law of Curacao. Also want to remind you that major crypto casinos carry the license of curacao. So in crypto world it doesn't mean that casino may be a scam if operates under that license, no. This forum is the place where almost every crypto business starts operating and you'll see all of the major crypto casinos have ANN threads here and are very active. This forum is great indicator to decide whether you can trust this or that casino. There is trust system implemented and you can check whether representative of certain casino here has been banned or not, also you can check scam accusation / reputation threads here about casinos if there exists any and then why that happened, how it was solved, etc.I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries. Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? 2. Provably Fair games on some casinos aren't really provably fair because they can fake it. As I told you, reputation of casinos on this forum comes in action again. 3. There are some new casinos made by old ones, for example Stake by PrimeDice and Tower.bet by DuckDice. These are new casinos but established by a professional and well-known ones. If there is a new casino that you don't know and don't want to risk, then wait for a time to pass and keep an eye on it. Title: Re: Gambling License Post by: Google+ on October 01, 2020, 11:36:37 PM Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation. well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.Title: Re: Gambling License Post by: maydna on October 02, 2020, 02:43:29 AM Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation. well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.Indeed, but that new gambling site will think about getting a license to prove to their member and people that their business is real. That is what the casino needs to do if they concern to have trust from their members, and with using a license, they can grow their business because people will see that the casino works hard to become a recommended gambling site. If the casino doesn't have a license, it doesn't mean that they will scam you because perhaps, that is just a process before they can have a license. Title: Re: Gambling License Post by: Coin_trader on October 02, 2020, 02:43:45 AM Having a license doesn't mean a business is fair. A simple example is butstarz casino which is registered in Curacao but their reputation is really bad in bitcointalk. That depends on what country you have license. We all know that Curacao license doesn't mean at all, Curacao license only requires fee and a fair system on the casino so as long as you meet that requirements, Casino are already good to go without no further investigation after the initial one. Although some trusted casino have a Curacao license due to favorable tax for the operator. A Curacao license holder casino needs to be audited every year! Try a little Google search and you will find the information. It also requires the promoters to travel to Curacao at certain intervals for some legal check or so. So while it's easy to get a license from Curacao but it requires certain efforts to maintain it. I don't need to google search it because I personally experience it with my team when I work with a start up poker casino during 2017. I don't know what's the improvement on there process but still they are the easiest license to get. All things that you mention above is the typical requirements for getting a license even on other country which require more effort and money. Are you just assuming that getting license requires documents submitted via mail?? Try to review UK gambling license requirements. Title: Re: Gambling License Post by: btc78 on October 02, 2020, 02:48:49 AM Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation. well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.there are lots of them here or even outside the forum ,but i advise you to choose the legit and status here in forum like those who have running their signature campaigns here like what i am wearing. check it out and it is for you to decide. Title: Re: Gambling License Post by: jademaxsuy on October 02, 2020, 03:20:48 AM Casino does not really offer provably fair games for they are doing their business and that is extending their house edge. They do not need luck to earn but they only created advantage on their part so that they will going to earn. A percentage probably that will help them win in the long run against any gamblers. But this does not mean that a gambler will just going to lose. It is just that there will be few gamblers that could win huge and there will be many gamblers that could lose in gambling. This is why we have seen some lucky gamblers taking home huge wins.
However even gamblers lose in with casino, still the fun and excitement could not be paid as an experience of a gambler. This is why others are doing it for socializing, leisure or other activities that could help them unwind and not really getting into problem. This is the essence of gambling and not by getting addicted to it. Title: Re: Gambling License Post by: bobyhodob on October 02, 2020, 03:26:28 AM Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation. well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.there are lots of them here or even outside the forum ,but i advise you to choose the legit and status here in forum like those who have running their signature campaigns here like what i am wearing. check it out and it is for you to decide. Title: Re: Gambling License Post by: Darker45 on October 02, 2020, 04:20:02 AM Personally, I don't care where the online casino I'm playing with is registered, but, of course, it counts that it is operating with a license. However, a license does not actually guarantee that the casino is well and good. In the same manner that the absence of which is also not a guarantee that the casino will fail to provide fair and fun games and overall gambling experience.
Of course, it is not enough that a casino provides provably fair games, but it is a must. It is either I gamble in a provably fair casino or not at all. But we all know the competition among provably fair casinos is very tight. I am not an expert when it comes to investigating a casino's reputation, fairness, legal compliance, and so forth that is why I often end up playing at casinos which have already created good reputation among gamblers and reviewers. I prefer to settle with tried and tested casinos than new ones. Title: Re: Gambling License Post by: Yogee on October 02, 2020, 04:49:16 AM As expected, I read different opinions about the topic.
I'm rather surprised how others are comfortable playing with unlicensed casinos as long as they have a long history of paying and serving their customers well. I'm not talking about P2P online platforms here but centralized casinos that can be shut down at anytime. dothebeats also brought up the casino owners rigging the system after a few months of establishing reputation but he didn't mention if that was licensed or not. Some members also pointed out the importance of this forum when it comes to choosing a gambling platform. I noticed how fast the community is writing their reviews once they are introduced here. Casino does not really offer provably fair games for they are doing their business and that is extending their house edge. Provably fair means you can verify that the process, result or outcome isn't manipulated using blockchain.House edge is another matter. Casinos design their system to their advantage so they could win in the long run but provably fair mechanisms should prevent them from cheating players. Title: Re: Gambling License Post by: Shasha80 on October 02, 2020, 11:36:25 AM In choosing a gambling site, I didn't look for one that was already licensed, because many gambling sites without a license have proven fair.
So gambling that has a license is not my top priority in choosing a gambling site, I chose the gambling site based on reviews from those who have used the gambling site. Therefore, the Bitcointalk forum is very reliable to get reviews about gambling sites, so if there is a new gambling site, I choose to wait for other people to try it first. That way I can get reviews of the new gambling site. Actually I prefer to play online gambling at an old casino which already has a good reputation. Title: Re: Gambling License Post by: Questat on October 02, 2020, 12:28:15 PM Therefore, the Bitcointalk forum is very reliable to get reviews about gambling sites, so if there is a new gambling site, I choose to wait for other people to try it first. That way I can get reviews of the new gambling site. Actually I prefer to play online gambling at an old casino which already has a good reputation. That's correct, we are in the forum so we should seek some feedback in the forum. Honestly, I don't gamble on gambling sites that has no Announcement thread in the forum because as per experience, sites with ANN thread here are more reputable especially for those who have active promotions and they are active on their ANN thread. Title: Re: Gambling License Post by: skarais on October 02, 2020, 12:38:46 PM That's correct, we are in the forum so we should seek some feedback in the forum. Honestly, I don't gamble on gambling sites that has no Announcement thread in the forum because as per experience, sites with ANN thread here are more reputable especially for those who have active promotions and they are active on their ANN thread. I think ANN thread are very useful for team as well as website customer. Some gambling site allow customer to talk about their experiences and complaint on the site in an ANN thread openly and they will resolve the forwarded problem privately. I think without the ANN thread on the forum it is hard to say that they have a particularly good reputation based on forum user rating.Title: Re: Gambling License Post by: plvbob0070 on October 02, 2020, 02:03:35 PM I don't really know how casinos differ when they are registered in different countries since I don't really look at that, even the license. To be honest, I look more at the reputation of the casino if it's well established rather than their license since I go by the thinking that if they have a good reputation and a lot of players especially in the same country I'm living, then there would be no problem with license and restriction. As I can see here, I'm not the only one who does not really look after the license.
Title: Re: Gambling License Post by: Peanutswar on October 02, 2020, 02:26:50 PM Licensed is necessarily needed to operate a gambling platform this must be needed to. make sure that the customer has rights too if there is some problem that might happen if you are trying to play into gambling does not register I think it's time to think and report to take an action.
Also if you want to seek some good gambling find which is already reputable so there is no problem and also for sure they are mostly a lot of number of players because they already know how the gambling runs out with a good reputation and respect. Title: Re: Gambling License Post by: ethereumhunter on October 02, 2020, 02:38:56 PM I don't check whether the online crypto gambling site has a license or doesn't have because I don't chase anything. I only play on the recommended gambling site, and it doesn't take too long for me to quit and leave on the gambling site. Many gamblers don't check the license on the site they played, but some gambler asks the owner if they have a license or its in the process to have a license. Many gamblers want to play gambling and enjoy the game.
Title: Re: Gambling License Post by: shoreno on October 02, 2020, 03:11:09 PM I don't check whether the online crypto gambling site has a license or doesn't have because I don't chase anything. I only play on the recommended gambling site, and it doesn't take too long for me to quit and leave on the gambling site. Many gamblers don't check the license on the site they played, but some gambler asks the owner if they have a license or its in the process to have a license. Many gamblers want to play gambling and enjoy the game. why play on recomended casino when you said you arent into anything . playing on recomended casino means that you are scared to loose or to get scammed but lets not support scam and illegal sites . no need to change what your doing asking the owner is not guarantee because they can lie and tell you that they have a license , that is if they are illegal or dont have a license but legal and licensed casino dont need to lie because they wont get anything but bad reputation . Title: Re: Gambling License Post by: robelneo on October 02, 2020, 03:27:36 PM 3. That's why a forum like bitcointalk is here. You can get live reviews from the community members on real time basis. Having a license doesn't mean a business is fair. A simple example is butstarz casino which is registered in Curacao but their reputation is really bad in bitcointalk. 100% true, what is license means to you if the gambling site has a bad reputation in the community, when it comes to gambling and investing, reputation is everything and the only thing that matters, no gambler will play in a gambling site where there are complaints on how they deal with their members. And gamblers have Bitcointalk to thank for having a category for gambling announcement and discussions it makes things possible and easy to pick the right gambling site to play. Title: Re: Gambling License Post by: bitbunnny on October 02, 2020, 05:00:05 PM Therefore, the Bitcointalk forum is very reliable to get reviews about gambling sites, so if there is a new gambling site, I choose to wait for other people to try it first. That way I can get reviews of the new gambling site. Actually I prefer to play online gambling at an old casino which already has a good reputation. That's correct, we are in the forum so we should seek some feedback in the forum. Honestly, I don't gamble on gambling sites that has no Announcement thread in the forum because as per experience, sites with ANN thread here are more reputable especially for those who have active promotions and they are active on their ANN thread. The owners of gambling sites are also aware of that. They know this is very respectable and influential forum so if they have good reviews here, it's very likely that they will attract gamblers to play with them. So, before you choose gambling site it's always good to check here, this is a good source of information. Title: Re: Gambling License Post by: agustina2 on October 02, 2020, 05:17:55 PM Like others here, I'm not also into this looking for license whenever there's a brand new gambling site here.
When they show being professional and put up efforts into how they can give the community a better impression, that's the time I can say that they might be worth putting up a test. But if they will just pop up here, introduce the site then becomes inactive, of course it's a big no for us to use them. Title: Re: Gambling License Post by: BITCOIN4X on October 02, 2020, 05:41:51 PM When they show being professional and put up efforts into how they can give the community a better impression, that's the time I can say that they might be worth putting up a test. If it was a new casino we would have looked through the community as we would usually get a review of the pro and con of how the site treat player as quickly as possible. I don't have much time to try all the new gambling site that are promoted through forum. On several occasion I have managed to control my desire to gamble as I have spent almost 60% of my daily income on gambling over the past 5 month. I know it's not good to continue, while for now I have to limit my money to gambling despite heavy losses. But if they will just pop up here, introduce the site then becomes inactive, of course it's a big no for us to use them. A license may be indispensable for the player and must be valid and verifiable. I very rarely try to find out about the licensing of gambling site that I have visited, because so far I will only play on site that have proven good and reliable. Title: Re: Gambling License Post by: johhnyUA on October 02, 2020, 10:17:55 PM Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... 1. In fact, many people even don't know where their casino registered, but if i would play for big amounts of money, i would notice about registration. Offshore is always shady place. 2. Yes 3. I would be carefull with money i deposit their for the first time. Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? I think you don't have enough money to buy license in UK, but of course it would be a great sign to trust this service. Malta is another offshore, but expensive, so i don't think this is a good idea. Title: Re: Gambling License Post by: samcrypto on October 02, 2020, 10:43:28 PM Like others here, I'm not also into this looking for license whenever there's a brand new gambling site here. Most of the crypto gambling came here to introduce their services and very few of them are already a licensed gambling site and yet many gamblers chooses to test the water some are good without it and I also played with them and so far, I’m not experiencing any problem with those gambling site. Having a licensed means the team is so serious on doing business and they work on it so they can operate legally without violating any law, I’m not saying this is a must but if you do consider to getting it, gamblers will love it.When they show being professional and put up efforts into how they can give the community a better impression, that's the time I can say that they might be worth putting up a test. But if they will just pop up here, introduce the site then becomes inactive, of course it's a big no for us to use them. Title: Re: Gambling License Post by: panganib999 on October 02, 2020, 11:26:13 PM 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? For me it is not enough to just provide provably fair games the casino must be still a legit and reliable one for it makes no sense playing on an unregistered and illegal gambling site. You must still settle for what is safe for better gaming experience. When it comes to new casinos, there are certain threads and discussions in here for inquiries regarding different matter which includes gambling site recommendations and reviews to better know new sprout gambling sites to avoid getting victimized by a not legitimate gambling site so you do not have nothing to worry about it for members in the forum are open for sharing thoughts, facts and opinion that can gradually help you out deciding whether you will engage into such new casino or not. Title: Re: Gambling License Post by: ethereumhunter on October 03, 2020, 11:14:47 AM I don't check whether the online crypto gambling site has a license or doesn't have because I don't chase anything. I only play on the recommended gambling site, and it doesn't take too long for me to quit and leave on the gambling site. Many gamblers don't check the license on the site they played, but some gambler asks the owner if they have a license or its in the process to have a license. Many gamblers want to play gambling and enjoy the game. why play on recomended casino when you said you arent into anything . playing on recomended casino means that you are scared to loose or to get scammed but lets not support scam and illegal sites . no need to change what your doing asking the owner is not guarantee because they can lie and tell you that they have a license , that is if they are illegal or dont have a license but legal and licensed casino dont need to lie because they wont get anything but bad reputation . When I said I don't chase anything, I don't chase winning or recovering my losses. I only want to enjoy the games, and by using the limited money, I hope that I can get entertain from the games. After I think it is enough to playing gambling, I will quit and leave the site, but I may be a comeback to that site in the next few days or weeks. That is how I treat gambling games because I don't want to become addicted. The casino owner can lie to us, but as long as we know how to use the gambling games, we don't have to worry because we don't use too big money. And the best is we can control ourselves to playing gambling. A legal and licensed casino will tell the truth by showing the license to people who visit on their website because that can trust them from playing gambling on that site. Title: Re: Gambling License Post by: mezzaluna on October 03, 2020, 12:50:22 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries. Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? Being registered is a big thing since they will hold a rightful place in running a business. Registering the business means that they are ready to run long term and not scared to be held accountable with the things that they will be doing. However, as gamblers, people want to be only playing at places in which they know will cater more and more people since they do not want to play with the same people over and over again unless they are known professionals Title: Re: Gambling License Post by: Ridwan Fauzi on October 03, 2020, 01:40:36 PM This is something I just realized, I never know and never look to the license of the gambling site. I only use this forum (because I never gamble that didn't use crypto currency before) to know the reputation of the gambling site itself. If the gambling place is safe for me, meaning there is no bad reptation and scam the user I'll try to play and it otherwise. And actually I haven't known which gambling place has a good license.
Title: Re: Gambling License Post by: Reatim on October 03, 2020, 02:03:46 PM This is something I just realized, I never know and never look to the license of the gambling site. I only use this forum (because I never gamble that didn't use crypto currency before) to know the reputation of the gambling site itself. If the gambling place is safe for me, meaning there is no bad reptation and scam the user I'll try to play and it otherwise. And actually I haven't known which gambling place has a good license. for a.normal gambler like us,we dont really need to check.licenses because we are just playing small time.Though people like me use mostly the gambling site that has been running.in this forum like those who have signature campaign. Now there is a new open signature though "BETNOMI" as i.believe runs their campaign in past. This.gambling site is tried and tested already Title: Re: Gambling License Post by: aioc on October 03, 2020, 03:16:17 PM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? This is a plus factor, but on top of this we want to see a gambling site with good reputation accumulated overtime, reputation is still everything, I have so many projects even outside of the gambling where the project is fully compliant and with a known team behind them but they still run away with investor's money. Title: Re: Gambling License Post by: bunglor on October 04, 2020, 08:47:23 PM I also notice that most of the registered gambling sites got their license in Curacao, I cannot say whether they can easily get a license there or Curacao didn't have a strict rules in giving a license to a certain gambling sites. In my case, I didn't care whether that site is license or not as long as it can be trusted because most of the license sites requires KYC in which I really don't like.
Title: Re: Gambling License Post by: BTCGOLD on October 04, 2020, 09:07:42 PM Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license.
Title: Re: Gambling License Post by: MFahad on October 04, 2020, 09:26:49 PM This is something I just realized, I never know and never look to the license of the gambling site. I only use this forum (because I never gamble that didn't use crypto currency before) to know the reputation of the gambling site itself. If the gambling place is safe for me, meaning there is no bad reptation and scam the user I'll try to play and it otherwise. And actually I haven't known which gambling place has a good license. for a.normal gambler like us,we dont really need to check.licenses because we are just playing small time.Though people like me use mostly the gambling site that has been running.in this forum like those who have signature campaign. Now there is a new open signature though "BETNOMI" as i.believe runs their campaign in past. This.gambling site is tried and tested already Do you want to say that BETNOMI does not have a gambling license ? Its always better to play at a site which have the gambling license. I will suggest not to deposit big amounts in unlicensed casinos. Title: Re: Gambling License Post by: Ryker1 on October 04, 2020, 10:14:35 PM I also notice that most of the registered gambling sites got their license in Curacao, I cannot say whether they can easily get a license there or Curacao didn't have a strict rules in giving a license to a certain gambling sites. In my case, I didn't care whether that site is license or not as long as it can be trusted because most of the license sites requires KYC in which I really don't like. Well, you should care, because it will start there. How could people trust the gambling site if this is not licensed casino even in Curacao. If the online gambling company is have licensed, they are operate legally for sure and others are offshore jurisdictions can benefit from low or even zero tax. And the most important is, licensed casino have a credibility to trust users/gamblers to use your site because that how they determine how good the gambling operators are. Title: Re: Gambling License Post by: Sanitough on October 04, 2020, 10:24:02 PM Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license. I think that's mostly what people checked on a casino now, they check on the reputation rather than the license. Believe me, if we compare a casino that has an ANN thread in bitcoin, one has a license but such user has red tag and the other has no license with positive trust, I believe people would choose those who have a good reputation, just my 2 cents though. Title: Re: Gambling License Post by: arwin100 on October 04, 2020, 11:04:36 PM Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license. I think that's mostly what people checked on a casino now, they check on the reputation rather than the license. Believe me, if we compare a casino that has an ANN thread in bitcoin, one has a license but such user has red tag and the other has no license with positive trust, I believe people would choose those who have a good reputation, just my 2 cents though. Actually license or not if they will turn scam the output will be the same so I'd rather go to the casino which have long time reputation holds and give a quality services with series of promotions rather than spending my cents on the license one which doesn't have any appealing things to convince me to play at them. But I believe license is so important but for sure gamblers will play if they like the site since we are risk takers on our own ways. Title: Re: Gambling License Post by: smyslov on October 04, 2020, 11:10:06 PM Like all the other here I prefer reputation than a license, in fact many gambling casinos here operates without a gambling license and yet they are well supported and they are big here in the Crypto gambling, that's because of the reputation, they've established themselves in the community, many gamblers will not look for license but rather if the gambling site shows zero complain and if there are complaints they immediately address it.
Title: Re: Gambling License Post by: Rengga Jati on October 04, 2020, 11:31:10 PM Choosing the licensed casino may be the choice for everybody going in the online or event offline casinos. It is for the shake of security of their funds and involvement probably.
however, if it is a big casino, many people may not think about the license, legal or not, the important thing is that they can play, win, and also withdraw their money. that is enough. But, if we are really looking for the right and trusted casino, we need to analyze whether they are licensed or not. And some members have answered how to know they are licensed or not. 2. Is it enough that they offer provably fair games? fair or not? Is it important? for the winners often, they will say it is fair, but for the losers more, they will say "not fair, really".Whatever the condition, the house may have set a certain conditions where the players can win at a certain time and it must be a certain setting. Fair or not will depend on each casino because they may also have something to do in order to not to lose much money from their gamblers. 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? Quite difficult. but if it is an online casino and it is advertised here, I will try it with small betting. And when it is legit enough, it may continue. Title: Re: Gambling License Post by: dunfida on October 04, 2020, 11:42:20 PM Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license. I think that's mostly what people checked on a casino now, they check on the reputation rather than the license. Believe me, if we compare a casino that has an ANN thread in bitcoin, one has a license but such user has red tag and the other has no license with positive trust, I believe people would choose those who have a good reputation, just my 2 cents though. Actually license or not if they will turn scam the output will be the same so I'd rather go to the casino which have long time reputation holds and give a quality services with series of promotions rather than spending my cents on the license one which doesn't have any appealing things to convince me to play at them. But I believe license is so important but for sure gamblers will play if they like the site since we are risk takers on our own ways. There are still some sites that doesnt have license but still able to get some considerable amount of players on this market which is great.People will mainly look for sites which are fair and does really hit all the checkboxes for people to get interested but somehow having a license will really be appealing in most eyes because they do know that if ever the site would become scam then they do have at least the assurance for some sort of recovery or compensation. Title: Re: Gambling License Post by: Wexnident on October 05, 2020, 12:24:28 AM Well, a license is just something like a first wall, or the first impression to a gambler, since a licensed casino would most likely offer fair games, so you'd mostly try them out first instead of unlicensed ones, right? Gamblers don't really have much of a problem playing in unlicensed casinos imo, as long as there's no issue with their winnings, then any would do. Provably fair is the most required characteristic when gambling, since, without it, no one would really even bother playing. Licensed or not, reputation is the first thing most people would go, especially if it's an old one. New ones with license provide you with the idea that it's fair, but without any reputation to back it up, only a select few would even bother going for it.
As for new casinos, there are a lot of people that review them, not just in forums. A simple proof would be the countless amount of casino review sites out there, so if there's a new casino, wait it out for 2 weeks or so, then start looking up reviews. It should have more than enough info for you to judge for. Title: Re: Gambling License Post by: carlisle1 on October 05, 2020, 03:36:42 AM Like all the other here I prefer reputation than a license, in fact many gambling casinos here operates without a gambling license and yet they are well supported and they are big here in the Crypto gambling, that's because of the reputation, they've established themselves in the community, many gamblers will not look for license but rather if the gambling site shows zero complain and if there are complaints they immediately address it. sometimes it doesnt matter if the site has licence or what but the important thing is that the site is legit and not having bad reputation.but of course it must be a long running here already (though it is very risky if you win very huge because they can just run since they have no licence to lose) Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license. of course they must be reputable but the thing is what about winning a million dollar?do you think they will pay or run?Title: Re: Gambling License Post by: Yogee on October 05, 2020, 05:14:28 AM 2. Is it enough that they offer provably fair games? fair or not? Is it important? for the winners often, they will say it is fair, but for the losers more, they will say "not fair, really".Whatever the condition, the house may have set a certain conditions where the players can win at a certain time and it must be a certain setting. Fair or not will depend on each casino because they may also have something to do in order to not to lose much money from their gamblers. Like all the other here I prefer reputation than a license, in fact many gambling casinos here operates without a gambling license and yet they are well supported and they are big here in the Crypto gambling, that's because of the reputation, they've established themselves in the community, many gamblers will not look for license but rather if the gambling site shows zero complain and if there are complaints they immediately address it. Can you name at least three of online casinos advertised here without a gambling license? I'm expecting an answer from you....... It seems the number of people who doesn't care about license is increasing based on the comments alone. I have added a poll to this topic, please respond. I wish I've done that from the start hehe. Title: Re: Gambling License Post by: BuNga_cute on October 05, 2020, 06:42:09 AM For me the license is not very important in choosing a gambling site, even some of the gambling sites that I have used, I never checked
whether it has a license or not. The most important thing is reputation and reviews, if these two things have been fulfilled, I do not hesitate to play on that gambling site. But by using a small capital first, in case it turns out the gambling site is a scams. But so far I have always been safe choosing gambling sites based on reputation and reviews. Title: Re: Gambling License Post by: peter0425 on October 05, 2020, 07:05:33 AM Like all the other here I prefer reputation than a license, in fact many gambling casinos here operates without a gambling license and yet they are well supported and they are big here in the Crypto gambling, that's because of the reputation, they've established themselves in the community, many gamblers will not look for license but rather if the gambling site shows zero complain and if there are complaints they immediately address it. i believe that becoming reputable needs also license mate,because legit gamblers will look for this first before engaging because they wanna make sure that if they win big at least they are sure of being paid or at least can go for their license banning if did not pay for the amount.yeah we have so many gambling sites but i wanna make sure of license before playing thats my stand ever since i become a gambler. Title: Re: Gambling License Post by: MWesterweele on October 05, 2020, 10:23:32 AM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? This is a plus factor, but on top of this we want to see a gambling site with good reputation accumulated overtime, reputation is still everything, I have so many projects even outside of the gambling where the project is fully compliant and with a known team behind them but they still run away with investor's money. Indeed an attractive factor for a gambling business is having its licensed. Gambling business is more attravtive when it was registered to a highest standard licensjng gambling country. This will give a big opportunity for a business to get more costumers and gamblers. And even i am going to join gambling i would also look for a good reputation of a gambling business or its reviews and profile befor i would going to engaged in it. Title: Re: Gambling License Post by: Sanitough on October 05, 2020, 10:41:39 AM Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license. I think that's mostly what people checked on a casino now, they check on the reputation rather than the license. Believe me, if we compare a casino that has an ANN thread in bitcoin, one has a license but such user has red tag and the other has no license with positive trust, I believe people would choose those who have a good reputation, just my 2 cents though. Actually license or not if they will turn scam the output will be the same so I'd rather go to the casino which have long time reputation holds and give a quality services with series of promotions rather than spending my cents on the license one which doesn't have any appealing things to convince me to play at them. But I believe license is so important but for sure gamblers will play if they like the site since we are risk takers on our own ways. Definitely this long term casinos will seek for license to protect their future from any legal problems. There's a big difference from casinos which has a good reputation and has a license and those who has a good reputation but does not have a license as most people would prefer casinos with license and with good reputation. For legality purposes, license is already a must now, casinos has to ensure so avoid headaches in the operation, you know when a casino does not have a license, anytime they could be ordered to stop operation and money will be confiscated by the authorities. Title: Re: Gambling License Post by: ethereumhunter on October 05, 2020, 10:43:04 AM For me the license is not very important in choosing a gambling site, even some of the gambling sites that I have used, I never checked whether it has a license or not. The most important thing is reputation and reviews, if these two things have been fulfilled, I do not hesitate to play on that gambling site. But by using a small capital first, in case it turns out the gambling site is a scams. But so far I have always been safe choosing gambling sites based on reputation and reviews. I am sure the license will help the casino gain trust from the members as they can show the license to them if they doubt if the casino is illegal. But not many gamblers will check the legal or illegal of the casino because many of them are only want to play gambling without thinking about the legality. If the casino can have a license, they will try to serve their members better, and the casino will help the gamblers who have a problem and fix it as soon as possible, so their members will not disappoint. That is related to their reputations among the other casino, so they need to get more trust from the members. Choosing the gambling sites based on the reputations will help us avoid the scam because we don't have to worry if the sites we used will scam us. Title: Re: Gambling License Post by: rhomelmabini on October 05, 2020, 11:14:31 AM For me the license is not very important in choosing a gambling site, even some of the gambling sites that I have used, I never checked Well, if the gambling site has license it still do make a difference since some gamblers prefer it that way but to those who have risk appetite I think it doesn't matter to them. Just an advice just don't put your money on gambling sites that you think that gonna pull the rug anytime.whether it has a license or not. The most important thing is reputation and reviews, if these two things have been fulfilled, I do not hesitate to play on that gambling site. But by using a small capital first, in case it turns out the gambling site is a scams. But so far I have always been safe choosing gambling sites based on reputation and reviews. It doesn't really matter to me on the licenses at all because if the casino was running good, active on answering the community and has good reputation on the space, I ought as well to trust them. Just really my advice not putting money on the site like when you log out pull it out especially if it's huge. Title: Re: Gambling License Post by: perla on October 05, 2020, 07:18:04 PM For me I prefer both as long as I know it's safe the Licensed gambling site might be able to ask KYC but we all know that they are regulated and it is necessary to pass such documents for their safety and the safety of he players in regards with the unlicensed casino as long as they've earned reputation from the community but for the new casinos it's not worth trying out but you only play with the money you can afford to lose.
Title: Re: Gambling License Post by: wxa7115 on October 05, 2020, 07:32:45 PM If it doesn't have a scam accusation here in bitcointalk and their trust isn't red, I think its enough reason to test the casino. The users in the forum normally say something when they feel they are being cheated by the casino and if they do have proof they will provide it. And then active DTs will investigate a bit and when they find it authentic, it becomes a valid proof that will reflect to its reputation. New casino doesn't mean dubious casino but it help if they have license to build reputation. However I agree that the most important thing is the reputation the casino accumulates over the time it is on business and without a doubt the best place to find that information is this forum as all scam accusations will be taken seriously by DT members and if there is something wrong you can be sure the casino will be red tagged and then everyone will know they are not to be trusted with your money. Title: Re: Gambling License Post by: Chrystora123 on October 05, 2020, 09:27:38 PM snip.. It's simply that the license listed will calm the concerns of gamblers because what is needed by gamblers is a sense of comfort so that when gambling they are not afraid of their funds taken away. I have no problem with where the gambling site's license comes from, as long as they list their license it makes me feel safe (despite all the bad possibilities that could happen in the future).. Title: Re: Gambling License Post by: dimonstration on October 05, 2020, 09:36:38 PM For me I prefer both as long as I know it's safe the Licensed gambling site might be able to ask KYC but we all know that they are regulated and it is necessary to pass such documents for their safety and the safety of he players in regards with the unlicensed casino as long as they've earned reputation from the community but for the new casinos it's not worth trying out but you only play with the money you can afford to lose. New casinos will need to have games that are new and interesting to be able to have loyal customers as there are already too many popular gambling sites, for other to risk on their sites they should be liscensed so it lessen the risk of those who want to try their casino as much as possible no KYC if only few bucks or dollars will be deposited. Maybe KYC only when theres a certain amount reach to deposit or withdraw like what other casino or exchanges have. Title: Re: Gambling License Post by: Twinkledoe on October 05, 2020, 09:45:31 PM snip.. It's simply that the license listed will calm the concerns of gamblers because what is needed by gamblers is a sense of comfort so that when gambling they are not afraid of their funds taken away. I have no problem with where the gambling site's license comes from, as long as they list their license it makes me feel safe (despite all the bad possibilities that could happen in the future).. License coming from Curacao or UK or Malta will give you comfort as it means they are serious in putting up their gambling site. But for new casinos, it is ok for me that they don't have their gambling license yet but you need to be careful in depositing large amounts of money. If you want to play with them, try with small amounts. There are so many casinos that are substandard and also look for feedback or their trust summary, if they have account here. It will help you assess if the casino is worth playing with. Title: Re: Gambling License Post by: Danslip on October 05, 2020, 11:22:35 PM snip.. It's simply that the license listed will calm the concerns of gamblers because what is needed by gamblers is a sense of comfort so that when gambling they are not afraid of their funds taken away. I have no problem with where the gambling site's license comes from, as long as they list their license it makes me feel safe (despite all the bad possibilities that could happen in the future).. License coming from Curacao or UK or Malta will give you comfort as it means they are serious in putting up their gambling site. But for new casinos, it is ok for me that they don't have their gambling license yet but you need to be careful in depositing large amounts of money. If you want to play with them, try with small amounts. There are so many casinos that are substandard and also look for feedback or their trust summary, if they have account here. It will help you assess if the casino is worth playing with. Title: Re: Gambling License Post by: FontSeli on October 05, 2020, 11:57:07 PM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? Of course, I would like the casino to be checked by authorized persons and issued a license if everything is fair there. However, this license is not as important as the honest reputation of the casino, which is developed over the years. Also, for crypto casinos that make games in the blockchain and have the ability to check each bet, the license is absolutely unimportant. Title: Re: Gambling License Post by: rhomelmabini on October 06, 2020, 01:10:53 AM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? As my previous response it really makes a difference if a gambling site has license hence not that high or of high standards because if people knew there was a license in the first place as it's online on every transactions then they may be at peace because they have assurance where they can sue if comes a time the site pull the rug.If there's a gambling licence of a gambling site or an online casino and it's on high standards pretty sure it is fair, has security and safety of the gamblers and you'll experience the best service they have to offer like online support on customer service. Title: Re: Gambling License Post by: Lorence.xD on October 06, 2020, 01:43:47 AM They are registered in tax havens unfortunately, we can't do much because most tax haven get their profit from becoming a haven for shady business, this is a useful for tax evaders and scammers because their identity are fabricated. If we update our regulation regarding this cases because there are a lot of people who are tax evading under the noses, remember Panama Papers where a lot of shell companies sprouted andwas connected to influential people.
Title: Re: Gambling License Post by: peter0425 on October 06, 2020, 01:45:30 AM For me I prefer both as long as I know it's safe the Licensed gambling site might be able to ask KYC but we all know that they are regulated and it is necessary to pass such documents for their safety and the safety of he players in regards with the unlicensed casino as long as they've earned reputation from the community but for the new casinos it's not worth trying out but you only play with the money you can afford to lose. What do you mean about that"Preferring Both"? is that you are Ok without license or with license ?i think it depends on the gambling site if they are legitimate and secured even without licenses ,because if the site is just a newly created then the story may change because the chance of being scammed is there. But me?i prefer old site,though i tried newly open site but with limits in betting and time of playing. Title: Re: Gambling License Post by: btc-facebook on October 06, 2020, 02:46:38 AM Legitimate casinos cannot only be seen from the license they have, because sometimes casinos that have license may be scam,
so to see the casino is legitimate is when the community is actively playing there, it's just that always be careful if suddenly the casino closes suddenly, make sure your funds are not stored there.... Title: Re: Gambling License Post by: yazher on October 06, 2020, 03:09:03 AM They are registered in tax havens unfortunately, we can't do much because most tax haven get their profit from becoming a haven for shady business, this is a useful for tax evaders and scammers because their identity are fabricated. If we update our regulation regarding this cases because there are a lot of people who are tax evading under the noses, remember Panama Papers where a lot of shell companies sprouted andwas connected to influential people. It would hurt those people's feelings since the traditional of crypto gambling is to hide every identity when playing the only thing to accept is whether you are at the right age. Nowadays, we see much of the tax evaders using this opportunity to hide their wealth. Money laundering is a little bit complex, they're using those crypto gambling sites to evade some taxes. that's why most of the gambling site still have no license because they're gain may decrease if they going to get one. you can't really believe what these people can do with their money. Title: Re: Gambling License Post by: jademaxsuy on October 06, 2020, 04:00:53 AM License is not an issue especially on online gaming platform as long as all users are satisfy with the service probably fast and fare kind of service. No way there is a need to have a license to make a good gambling platform. License is just an agreement paper to mandate the gambling casino to perform its duties and responsibilities to its clients or users and if they can't met the said service they can get fine. This is not really needed and therefore gambling platform should always consider good service in their platform to avoid getting bad reputations from the gamblers or its users.
Title: Re: Gambling License Post by: Yogee on October 06, 2020, 04:39:50 AM License is not an issue especially on online gaming platform as long as all users are satisfy with the service probably fast and fare kind of service. No way there is a need to have a license to make a good gambling platform. License is just an agreement paper to mandate the gambling casino to perform its duties and responsibilities to its clients or users and if they can't met the said service they can get fine. This is not really needed and therefore gambling platform should always consider good service in their platform to avoid getting bad reputations from the gamblers or its users. Let's say for example, you decided to deposit $1,000 in casino Y since it is hailed by many online gamblers as reputable. One day, while your money is still in the casino, authorities seized the platform including the wallets they control because it was found out that it is operating illegally. What would you do? Will you file a claim to the authorities and make an excuse that you didn't think gambling license is needed? Or are you just saying all the letters in bold since you don't actually gamble online? Title: Re: Gambling License Post by: Debonaire217 on October 06, 2020, 05:23:29 AM Actually there are some gambling casinos that stays decentralized and not having any licensed at all but they run smoothly and people trust them. That is because of them providing good service to people, and with the platform utilizing provably fair games which makes each game reputable since you can verify your bets and the outcome of each games.
But in terms of licensed casinos, you are most likely spending more here since you also need to comply with taxes. Title: Re: Gambling License Post by: Jating on October 06, 2020, 02:14:15 PM License is not an issue especially on online gaming platform as long as all users are satisfy with the service probably fast and fare kind of service. No way there is a need to have a license to make a good gambling platform. License is just an agreement paper to mandate the gambling casino to perform its duties and responsibilities to its clients or users and if they can't met the said service they can get fine. This is not really needed and therefore gambling platform should always consider good service in their platform to avoid getting bad reputations from the gamblers or its users. Let's say for example, you decided to deposit $1,000 in casino Y since it is hailed by many online gamblers as reputable. One day, while your money is still in the casino, authorities seized the platform including the wallets they control because it was found out that it is operating illegally. What would you do? Will you file a claim to the authorities and make an excuse that you didn't think gambling license is needed? If I may answer, yes, you can file a claim, but I will say this is futile and consider my money as a 'gambling lost' already. That's why it's really important to check the legitimacy of an online casino and prefer to play on a platform that has been established themselves. As for new those new casino's trying to make a name for themselves, you can see if the people behind are really that serious by the way they answered questions from gamblers or if they really have the license to operate in the first place. Title: Re: Gambling License Post by: bitcoin31 on October 06, 2020, 02:26:17 PM License is very impoetant to the business or for the gambling just like in online gambling many of them are not license or not registered to their specific country. Im playing to the online gambling here even does not online but it's good if they going to get a license so many players will trust . I don't know about legality of having gambling in the country of curacao if they really needed to have permt but for sure there is no government tolorate without license.
Title: Re: Gambling License Post by: pawanjain on October 06, 2020, 04:19:43 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries. Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? It actually depends from person to person whether the license matters to them or not. Most of the times if the gambling is reputed enough then it's sufficient for the gambler to sign up and start gambling on that site. Gamblers generally don't look at the license but yeah they do look if the site has proper provably fair system implemented or not. Nowadays many sites already have verfiers present to check if they have provably fair correctly implemented or not. Title: Re: Gambling License Post by: FontSeli on October 06, 2020, 05:23:27 PM Actually there are some gambling casinos that stays decentralized and not having any licensed at all but they run smoothly and people trust them. That is because of them providing good service to people, and with the platform utilizing provably fair games which makes each game reputable since you can verify your bets and the outcome of each games. But in terms of licensed casinos, you are most likely spending more here since you also need to comply with taxes. Taxes do not depend on whether you play at a licensed casino or not. Here everyone decides whether to pay taxes or not. There are also countries where there are serious tax breaks on income earned in casinos. The main thing is to avoid the casino where you are required to pass the KYC. Title: Re: Gambling License Post by: wildan88 on October 06, 2020, 07:27:16 PM Actually there are some gambling casinos that stays decentralized and not having any licensed at all but they run smoothly and people trust them. That is because of them providing good service to people, and with the platform utilizing provably fair games which makes each game reputable since you can verify your bets and the outcome of each games. But in terms of licensed casinos, you are most likely spending more here since you also need to comply with taxes. Taxes do not depend on whether you play at a licensed casino or not. Here everyone decides whether to pay taxes or not. There are also countries where there are serious tax breaks on income earned in casinos. The main thing is to avoid the casino where you are required to pass the KYC. personally I feel more comfortable to provide documents for the KYC. if you have money or crypto, and have nothing to hide, then I do not see the problem with it. When i gamble online, i also want to know who the casino is and if everything is legit. Title: Re: Gambling License Post by: DoublerHunter on October 06, 2020, 07:51:36 PM ^ Most of the online gambling sites are Offshore Gaming Operators. And definitely right, that not everyone is a gambling company is registered. But this is not a new story. However, even traditional gambling platforms are not duly registered when they operate.
Reviews are not so necessary to consider when looking for a legitimate gambling site, it's more of a personal experience. Reviews are being easily manipulated. Creating dummies that will provide 5 start feedbacks is easy especially here. Title: Re: Gambling License Post by: CarnagexD on October 06, 2020, 07:55:57 PM There's this comfortable feeling when you're playing in a licensed casino for example, you're not anxious even if you put a decent amount of money there and sleep for a day. This is why I prefer playing licensed ones than just only reputable ones, there's this huge different between these two. Running by the book will never get any wrong, but also everyone should not ignore the terms and conditions that may apply, it is very important to read and know.
Title: Re: Gambling License Post by: Oilacris on October 06, 2020, 07:59:18 PM Actually there are some gambling casinos that stays decentralized and not having any licensed at all but they run smoothly and people trust them. That is because of them providing good service to people, and with the platform utilizing provably fair games which makes each game reputable since you can verify your bets and the outcome of each games. But in terms of licensed casinos, you are most likely spending more here since you also need to comply with taxes. Taxes do not depend on whether you play at a licensed casino or not. Here everyone decides whether to pay taxes or not. There are also countries where there are serious tax breaks on income earned in casinos. The main thing is to avoid the casino where you are required to pass the KYC. Personally I feel more comfortable to provide documents for the KYC. if you have money or crypto, and have nothing to hide, then I do not see the problem with it. When i gamble online, i also want to know who the casino is and if everything is legit. Yeah its right for some point but only a few can really take up the risk because it doesnt really just matter on what have you done because these documents can really be used up in other purpose which would really might be tagging up your name into some problems in the future.This is why its really out of my vocalbulary when it comes to KYC thing. For License then it doesnt really count that much because people will just stick out to reputable ones neither they are licensed or not.As long it had been played by lots of people which it signifies that it is a good one. Title: Re: Gambling License Post by: FontSeli on October 06, 2020, 08:04:24 PM Personally I feel more comfortable to provide documents for the KYC. if you have money or crypto, and have nothing to hide, then I do not see the problem with it. When i gamble online, i also want to know who the casino is and if everything is legit. I have nothing to hide either. When I go to a regular casino to play and they ask me for my passport at the entrance, I show it without any problems. Because I know who owns this casino. Besides, they don't photograph my passport. Online casinos will never reveal information about the ultimate owners of the business. In addition, they or their dishonest employees can sell a scan of my passport on the dark market. This is the reason why I don't want to pass KYC verification. Title: Re: Gambling License Post by: Ryker1 on October 06, 2020, 09:38:41 PM There's this comfortable feeling when you're playing in a licensed casino for example, you're not anxious even if you put a decent amount of money there and sleep for a day. This is why I prefer playing licensed ones than just only reputable ones, there's this huge different between these two. Running by the book will never get any wrong, but also everyone should not ignore the terms and conditions that may apply, it is very important to read and know. Well, that is right but for me, you will only be using feed backs or reviews to see what are the opportunities of the site. But the legitimacy is something that you had to consider. Gambling is gambling, and in any way, --operators will always do their best to break the rules. So having a license is something that is the gambling industry's trying to avoid paying. Licenses for gambling are too much. And the government are taking advantage of these type of operators buy charging much more with tax.Title: Re: Gambling License Post by: Yogee on October 07, 2020, 04:24:56 AM License is not an issue especially on online gaming platform as long as all users are satisfy with the service probably fast and fare kind of service. No way there is a need to have a license to make a good gambling platform. License is just an agreement paper to mandate the gambling casino to perform its duties and responsibilities to its clients or users and if they can't met the said service they can get fine. This is not really needed and therefore gambling platform should always consider good service in their platform to avoid getting bad reputations from the gamblers or its users. Let's say for example, you decided to deposit $1,000 in casino Y since it is hailed by many online gamblers as reputable. One day, while your money is still in the casino, authorities seized the platform including the wallets they control because it was found out that it is operating illegally. What would you do? Will you file a claim to the authorities and make an excuse that you didn't think gambling license is needed? If I may answer, yes, you can file a claim, but I will say this is futile and consider my money as a 'gambling lost' already. That's why it's really important to check the legitimacy of an online casino and prefer to play on a platform that has been established themselves. As for new those new casino's trying to make a name for themselves, you can see if the people behind are really that serious by the way they answered questions from gamblers or if they really have the license to operate in the first place. Title: Re: Gambling License Post by: Timelord2067 on October 07, 2020, 06:20:17 AM I usually find out whether or not an online Casino is registered or not when I got to visit their site and it comes up with a stern message announcing they are not registered in my jurisdiction.
Title: Re: Gambling License Post by: notblox1 on October 07, 2020, 06:56:19 AM Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? 1. There are many levels of gambling licenses and even if Curacao is not on top of the list it is still much better than having no license at all, just be aware that Curacao is an island in Caribbean Sea near Venezuela. 2. I have seen some scam websites in past claiming they have provably fair games, so that is not enough for sure. 3. New websites need to build reputation in time so there must to some risk involved for both parties. It is best to have highest license standards but then you must be ready to have full kyc verification for everything and many of players are ready to take some risk as gamblers and have some compromise and less restrictions with Curacao license. Title: Re: Gambling License Post by: Fundamentals Of on October 07, 2020, 01:37:15 PM Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? ....... Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? 1. There are many levels of gambling licenses and even if Curacao is not on top of the list it is still much better than having no license at all, just be aware that Curacao is an island in Caribbean Sea near Venezuela. 2. I have seen some scam websites in past claiming they have provably fair games, so that is not enough for sure. 3. New websites need to build reputation in time so there must to some risk involved for both parties. It is best to have highest license standards but then you must be ready to have full kyc verification for everything and many of players are ready to take some risk as gamblers and have some compromise and less restrictions with Curacao license. A Curacao license is indeed better than no license at all. But that is just somehow like a casino claiming to have provably fair games when in fact it may not be the case. There must be a number of reasons why a lot of gambling sites are flocking to Curacao, and top of which is that it is very easy and cheap to obtain one. If you have the money, you have the license. You pay, you got what you need. That is all. That is why some players are very careful not to rely on Curacao licensed casinos. They equate Curacao license to no license in terms of accountability. Title: Re: Gambling License Post by: seoincorporation on October 07, 2020, 02:13:39 PM Questions: 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? 2. Is it enough that they offer provably fair games? 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? Let me answer those 3 for you... 1.-Curacao is a place where gambling is legit and regulated, we could say they have the best regulations for the business, and maybe is a small place but with clear laws. 2.- Provably fair is a must, with or without a license they must be fair, because if users can't verify the bets then the site is rigged, simple as that. 3.- If the casino is new, then we review their gambling license and their provably fair system. Title: Re: Gambling License Post by: ethereumhunter on October 07, 2020, 02:52:17 PM Actually there are some gambling casinos that stays decentralized and not having any licensed at all but they run smoothly and people trust them. That is because of them providing good service to people, and with the platform utilizing provably fair games which makes each game reputable since you can verify your bets and the outcome of each games. But in terms of licensed casinos, you are most likely spending more here since you also need to comply with taxes. Taxes do not depend on whether you play at a licensed casino or not. Here everyone decides whether to pay taxes or not. There are also countries where there are serious tax breaks on income earned in casinos. The main thing is to avoid the casino where you are required to pass the KYC. Personally I feel more comfortable to provide documents for the KYC. if you have money or crypto, and have nothing to hide, then I do not see the problem with it. When i gamble online, i also want to know who the casino is and if everything is legit. If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know. Title: Re: Gambling License Post by: FontSeli on October 07, 2020, 07:47:12 PM If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know. I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me. Title: Re: Gambling License Post by: ethereumhunter on October 08, 2020, 10:26:23 AM If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know. I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me. I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling. Title: Re: Gambling License Post by: Sanitough on October 08, 2020, 10:29:22 AM If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know. I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me. I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling. You submit your document because you trust the casino, that's it, usually those who are regulated by the government will implement the law required to them by the authority because they will get penalize if they won't so as a gambler, all we have to do is just to comply and trust them. Title: Re: Gambling License Post by: rodskee on October 08, 2020, 11:02:47 AM This happens because of the strict regulations of other countries thats Why those gambling sites needs to run in Curacao for availability.
i prefer gambling site that has License because i am a law abiding citizen and i dont want to be penalized for not following the rules. though in local gambling sometimes i can't deny betting since friends are asking me but i don't stay long and need to get rid of them as soon as i have a chance. Title: Re: Gambling License Post by: Questat on October 08, 2020, 11:13:13 AM This happens because of the strict regulations of other countries thats Why those gambling sites needs to run in Curacao for availability. Actually if you gamble on a non license gambling site, you will not be penalized by the authorities, it's actually the gambling sites who are at big risk here.i prefer gambling site that has License because i am a law abiding citizen and i dont want to be penalized for not following the rules. The only risk you'll get is you can't complain the site legally as you yourself knows you are not gambling in a legit site. though in local gambling sometimes i can't deny betting since friends are asking me but i don't stay long and need to get rid of them as soon as i have a chance. Try to risk sometimes, what particular game you are gambling with? is this is physical casino or an online?Title: Re: Gambling License Post by: ethereumhunter on October 08, 2020, 11:18:01 AM I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling. You submit your document because you trust the casino, that's it, usually those who are regulated by the government will implement the law required to them by the authority because they will get penalize if they won't so as a gambler, all we have to do is just to comply and trust them. Yes, but even if we trust that casino, the casino can be a scam in the future because we don't know what will happen to them later. But that is happening to the offline casino because the owner needs to know who their customer. The offline casino needs to follow many things, including the rule and the law from the local authority. But in the online casino, I think the fiat casino requires you to send the document, but I don't know the truth since I don't gamble in the fiat casino. Title: Re: Gambling License Post by: FontSeli on October 08, 2020, 05:05:24 PM If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know. I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me. I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling. I told my case, you told yours. There are other people who manage to make good money on gambling, and they may not mind providing their KYC documents for the casino. Personally, I would advise everyone to take a serious approach to such a moment as providing their documents to others. Even if the exchange or the casino have an international license. Title: Re: Gambling License Post by: fullhdpixel on October 09, 2020, 09:49:18 AM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? This is a plus factor, but on top of this we want to see a gambling site with good reputation accumulated overtime, reputation is still everything, I have so many projects even outside of the gambling where the project is fully compliant and with a known team behind them but they still run away with investor's money. The most important thing is neither license nor the license provider and the country but actually the running time of the casino because if a website is running from years like Primedice or sportsbet.io then I would never hesitate because I don't even have to know and verify their license but just bet freely because there are so many players playing and I am never at risk more so because I don't make high roller sort of bets. Title: Re: Gambling License Post by: Kasabus on October 09, 2020, 11:39:26 AM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? This is a plus factor, but on top of this we want to see a gambling site with good reputation accumulated overtime, reputation is still everything, I have so many projects even outside of the gambling where the project is fully compliant and with a known team behind them but they still run away with investor's money. The most important thing is neither license nor the license provider and the country but actually the running time of the casino because if a website is running from years like Primedice or sportsbet.io then I would never hesitate because I don't even have to know and verify their license but just bet freely because there are so many players playing and I am never at risk more so because I don't make high roller sort of bets. Title: Re: Gambling License Post by: Golftech on October 09, 2020, 12:03:50 PM ^ Most of the online gambling sites are Offshore Gaming Operators. And definitely right, that not everyone is a gambling company is registered. But this is not a new story. However, even traditional gambling platforms are not duly registered when they operate. though it become an issue here in forum if you are a new gambling site that will be sure questioned about the legitimacy.Reviews are not so necessary to consider when looking for a legitimate gambling site, it's more of a personal experience. Reviews are being easily manipulated. Creating dummies that will provide 5 start feedbacks is easy especially here. but i agree on you that it doesnt need to be licensed to be consider as legit and trust worthy because we have already many of active site here in forum. Title: Re: Gambling License Post by: Kelvinid on October 09, 2020, 12:27:04 PM It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos. And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.
Title: Re: Gambling License Post by: Sadlife on October 09, 2020, 12:38:38 PM I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino? Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose. Same goes for me, license is not really mandatory, and i know the risk in playing with unlicense gambling sites. As long as it has good winrate and has high odds. Its good enough for me, because i know how this kind of business works, and how much it cost just to make a website. You need to pay the hosting, devs and marketing. So gambling owners will really have a hard time developing and growing that business, scamming people's money will all be waste of effort especially when you've gone through alot of process. Title: Re: Gambling License Post by: Peanutswar on October 09, 2020, 12:48:42 PM It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos. And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players. Before you are going to play into a gambling website as you can see to your browser or the web page link is not secured or the browser is giving you are warning because you are trying to visit a not secured website. If we are trying to play into an online gambling website we must need to check if this is secured and has a license to make sure if you will encounter any problem with your account they can respond and not scam your money. If gambling is talking about which is like illegal gambling, for example is gambling for fun, gambling with other people you don't know, gambling house makes illegal gambling you do not need to find them a license. Title: Re: Gambling License Post by: plvbob0070 on October 09, 2020, 01:43:58 PM I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino? Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose. Same goes for me, license is not really mandatory, and i know the risk in playing with unlicense gambling sites. As long as it has good winrate and has high odds. Its good enough for me, because i know how this kind of business works, and how much it cost just to make a website. You need to pay the hosting, devs and marketing. So gambling owners will really have a hard time developing and growing that business, scamming people's money will all be waste of effort especially when you've gone through alot of process. Title: Re: Gambling License Post by: wxa7115 on October 09, 2020, 05:15:16 PM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? Of course, I would like the casino to be checked by authorized persons and issued a license if everything is fair there. However, this license is not as important as the honest reputation of the casino, which is developed over the years. Also, for crypto casinos that make games in the blockchain and have the ability to check each bet, the license is absolutely unimportant. The best way to build trust is the old fashioned way, the casino needs to treat their customers right and not scam them, they need to try to resolve an issue with their clients as soon as possible, they need to have a nice interface, they need to pay their clients right away when they want to withdraw their money and more importantly they need to do this for years and if they can do all of that then they will earn the trust of the community. Title: Re: Gambling License Post by: CarnagexD on October 09, 2020, 06:35:32 PM It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos. How is asking can make you dumb? it does makes sense coz you want to know if they are operating by the book with respect to their country's laws. Although license is never a factor for me to play on gambling sites, some people want their playing ground to be licensed, to feel less anxious and of course the comfortability that it gives. And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players. Gambling platform licensing always depends on the country they are based in, it's fine if they don't need.Title: Re: Gambling License Post by: ronaldo40 on October 09, 2020, 06:55:28 PM this seems a good topic i was thinking of how many users preferred casino with license rather than casino who doesn't have. for me license doesn't matter as long as the casino have build reputation and been running for a long time now about the new casino without license? seems a bit risky to test it out
Title: Re: Gambling License Post by: MCobian on October 09, 2020, 06:57:43 PM Actually the gambling license does not guarantee that the gambling site is trusted and safe to use, there are still many gambling sites
that have licenses it turns out to be scams. So the thing that matters to me is reputation, to choose a gambling site that I will use, I choose a gambling site that has a pretty good reputation. This forum is the perfect place to find reputable gambling sites. Usually the reviews from old members of this forum regarding gambling sites can be trusted. Title: Re: Gambling License Post by: DabsPoorVersion on October 09, 2020, 10:29:08 PM this seems a good topic i was thinking of how many users preferred casino with license rather than casino who doesn't have. for me license doesn't matter as long as the casino have build reputation and been running for a long time now about the new casino without license? seems a bit risky to test it out Same here, I'd prefer a casino who build their reputation,As long as it is legitimate and everyone who plays on that certain casino, there is no problem for me if they don't have a license. And bout the new casino without a license, it is risky especially if there is no one who can prove that they are legit. Title: Re: Gambling License Post by: Yogee on October 10, 2020, 03:12:09 AM It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos. How is asking can make you dumb? it does makes sense coz you want to know if they are operating by the book with respect to their country's laws. Although license is never a factor for me to play on gambling sites, some people want their playing ground to be licensed, to feel less anxious and of course the comfortability that it gives. And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players. Gambling platform licensing always depends on the country they are based in, it's fine if they don't need.Did both of you voted in the poll? Check the results. I expected more people in favor of license and reputation both present or that license is a must to be honest but that's not what the poll is saying. I also wanted to know their response to the additional questions I asked https://bitcointalk.org/index.php?topic=5279285.msg55323155#msg55323155 It looks like not many are aware of those risks. Title: Re: Gambling License Post by: Kong Hey Pakboy on October 10, 2020, 05:21:23 AM this seems a good topic i was thinking of how many users preferred casino with license rather than casino who doesn't have. for me license doesn't matter as long as the casino have build reputation and been running for a long time now about the new casino without license? seems a bit risky to test it out Same here, I'd prefer a casino who build their reputation,As long as it is legitimate and everyone who plays on that certain casino, there is no problem for me if they don't have a license. And bout the new casino without a license, it is risky especially if there is no one who can prove that they are legit. Title: Re: Gambling License Post by: Assface16678 on October 10, 2020, 05:40:00 AM Actually the gambling license does not guarantee that the gambling site is trusted and safe to use, there are still many gambling sites that have licenses it turns out to be scams. So the thing that matters to me is reputation, to choose a gambling site that I will use, I choose a gambling site that has a pretty good reputation. This forum is the perfect place to find reputable gambling sites. Usually the reviews from old members of this forum regarding gambling sites can be trusted. I think right now it's easier to get a license so instead, it's better to find a well reputable website who is already known for good and fair gambling of course is there any member would like to play gambling which is the odd to win is so low? Also, some of those gambling websites are already run a campaign right here and a few of them are already gained a lot of players because they have good features too. For me when I play gambling I always consider the customer report or service, the odds, the UI, and UX. Title: Re: Gambling License Post by: Serious475 on October 10, 2020, 10:18:13 AM If you want to play gambling you does not need to consider the license because it's just proof of you can operate your business. There are a lot of gambling places right there goes operate without any kind of license. Some of the gamblers doesn't need that they need is to have a safe gambling house or place which are secured and already reputable to avoid them getting caught in case.
If we're you choose your best gambling places. Title: Re: Gambling License Post by: Question123 on October 10, 2020, 12:09:51 PM License is very important to every business you build because it's look more legit and many people will trust to you so if a gambling sites have permit for sure high probability to have a lot of players because of the legitimacy. In reality more gambling sites here are not registered or does not any permit but still people are playing . But I suggest to everyone who are plan of having online gambling sites just make sure that you have a license in your country first before open your sites to prevent trouble because for sure a government saw that you operate a gambling through only they will fine you and possible your sites to close.
Title: Re: Gambling License Post by: ethereumhunter on October 10, 2020, 03:19:54 PM I told my case, you told yours. There are other people who manage to make good money on gambling, and they may not mind providing their KYC documents for the casino. Personally, I would advise everyone to take a serious approach to such a moment as providing their documents to others. Even if the exchange or the casino have an international license. Yep, it is better to be careful when we want to provide the document because we never know what will happens to them. If we heard someone getting scam from the exchange, we should be extra careful, and if we use that exchange, it's better to leave that exchange before it's too late to save our funds. We can do nothing if the exchange scams us, and we will not have a chance to get our money again. If you want to play gambling you does not need to consider the license because it's just proof of you can operate your business. There are a lot of gambling places right there goes operate without any kind of license. Some of the gamblers doesn't need that they need is to have a safe gambling house or place which are secured and already reputable to avoid them getting caught in case. If we're you choose your best gambling places. As long as you can playing gambling on a website that has reputations, you don't have to feel worried. I think it is our responsibility to play on the gambling site, which has a license and doesn't have a license because that is our money. We need to protect our money from anything that might happen, and if we want to play gambling, we can choose any gambling site that we want. Title: Re: Gambling License Post by: coinfinger on October 10, 2020, 03:20:02 PM 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? To be very honest, I avoid any new casinos out there and rather stick to the ones that I have used in past with small amounts or they have a established thread here in the forum and some decent record. The thought behind this is that if they are not scamming people who bet more than 1-2 bitcoins then there must be no reason to for them to scam me for a few bucks and I don't bet big either so I am not really concerned about it much but yes I always look for things like legality of a casino because in case i win big, they can always hide behind shady clause and terms and conditions and ask for ID proofs which I am never comfortable providing to a online crypto casino for obvious misuse problems.I don't bet big but then I might win something big at times from slots so it is important the casino is legal and they would never have problems paying a few hundred bucks if they are legal. Title: Re: Gambling License Post by: FontSeli on October 11, 2020, 06:01:37 PM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? Of course, I would like the casino to be checked by authorized persons and issued a license if everything is fair there. However, this license is not as important as the honest reputation of the casino, which is developed over the years. Also, for crypto casinos that make games in the blockchain and have the ability to check each bet, the license is absolutely unimportant. The best way to build trust is the old fashioned way, the casino needs to treat their customers right and not scam them, they need to try to resolve an issue with their clients as soon as possible, they need to have a nice interface, they need to pay their clients right away when they want to withdraw their money and more importantly they need to do this for years and if they can do all of that then they will earn the trust of the community. I have never received a gambling license so I can't say how easy it is to get one. I can only assume that obvious fraudsters will not be given a license for sure, because the licensor also values his reputation. You said the right thing about the casino's approach to earning money. It is much more reliable to work for a long time and earn money than to cheat to snatch a small amount. However, this is a difficult path and not all casino owners want to follow it. Title: Re: Gambling License Post by: wxa7115 on October 14, 2020, 05:40:56 PM What happens is that some casinos are trying to use their licenses as a way to gain trust with the community while that is not really a sign of being trusted to me because as we know there are many countries in which it is very easy to obtain a gambling license. The best way to build trust is the old fashioned way, the casino needs to treat their customers right and not scam them, they need to try to resolve an issue with their clients as soon as possible, they need to have a nice interface, they need to pay their clients right away when they want to withdraw their money and more importantly they need to do this for years and if they can do all of that then they will earn the trust of the community. I have never received a gambling license so I can't say how easy it is to get one. I can only assume that obvious fraudsters will not be given a license for sure, because the licensor also values his reputation. You said the right thing about the casino's approach to earning money. It is much more reliable to work for a long time and earn money than to cheat to snatch a small amount. However, this is a difficult path and not all casino owners want to follow it. But when compared to the rest of the casinos they are playing with a disadvantage which is why if the new casino is not innovative and does not bring something new to the table most likely it will eventually fail. Title: Re: Gambling License Post by: tbterryboy on October 14, 2020, 06:02:49 PM I have nothing to hide either. When I go to a regular casino to play and they ask me for my passport at the entrance, I show it without any problems. Because I know who owns this casino. Besides, they don't photograph my passport. Exactly they just view your card and verify which means they are only verifying that who you are and your eligibility to gamble. Online casinos also do the same but we have to provide them the picture which is where the danger starts because now that they have the picture they can use the photo to make illegal accounts, use them for gambling and a lot more which ultimately means you get in trouble.Online casinos will never reveal information about the ultimate owners of the business. In addition, they or their dishonest employees can sell a scan of my passport on the dark market. Also people often forget that the employee in the online casino are temporary and while the casino itself might never had cruel intentions but the people whom you submit the identity can always keep a copy of it to themselves and later they can extort you suppose they know you are a big gambler and they can always create problems.Title: Re: Gambling License Post by: FontSeli on October 14, 2020, 09:15:49 PM ~ Creating a new casino out of nowhere is very difficult these days after all the competition is fierce since there is a lot of money to be made and as we know success attracts success so people tend to gravitate to the old and established casinos before trying a new one, however there are instances in which a new casino may have an edge over other new casinos, like when a gambler is deciding between gambling in a casino with a license with no reputation and a casino with no reputation and no license as gamblers may feel safer playing on their casino and when given the choice they will select them.But when compared to the rest of the casinos they are playing with a disadvantage which is why if the new casino is not innovative and does not bring something new to the table most likely it will eventually fail. Now the competition is great in all areas of business. However, new campaigns continue to appear. There is no problem to create a new casino. All you need is good money. For good money, you will create a great website, conduct an amazing advertising campaign, and install good bonuses that will attract a lot of players from other sites. You can also buy a license for the money. So if you have money, there is no problem to create a new online casino. Exactly they just view your card and verify which means they are only verifying that who you are and your eligibility to gamble. Online casinos also do the same but we have to provide them the picture which is where the danger starts because now that they have the picture they can use the photo to make illegal accounts, use them for gambling and a lot more which ultimately means you get in trouble. I know. When you enter a casino, they usually check whether you have reached the age allowed to play and whether you are not blacklisted. And this is not always done. Online casinos will never reveal information about the ultimate owners of the business. In addition, they or their dishonest employees can sell a scan of my passport on the dark market. Also people often forget that the employee in the online casino are temporary and while the casino itself might never had cruel intentions but the people whom you submit the identity can always keep a copy of it to themselves and later they can extort you suppose they know you are a big gambler and they can always create problems.Most often, site owners do not set a purpose to sell someone's documents. However, employees can secretly copy and sell documents on the black market. Title: Re: Gambling License Post by: jostorres on October 15, 2020, 06:42:20 PM I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything.
I mean cloudbet has all the licenses one needs but they still have so many problems and same can be said about many other casinos so having license does not reflect too much trust but yes if a trusted casino has license then it brings even more trust. But really I don't care one bit if one has license as long as the games are fair and the website pays. Title: Re: Gambling License Post by: Mahanton on October 15, 2020, 09:59:26 PM I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything. Always have the same perception towards licenses where it isnt really my main criteria on choosing up a casino because when i do saw that there were lots who had been playing then I mean cloudbet has all the licenses one needs but they still have so many problems and same can be said about many other casinos so having license does not reflect too much trust but yes if a trusted casino has license then it brings even more trust. But really I don't care one bit if one has license as long as the games are fair and the website pays. you can presume already that it is a good once neither it does have license or not but who doesnt like on a reputable one with license? Of course it would really be a great thing and as said or mentioned, that will bring even more trust to the platform which might add up even more players. Title: Re: Gambling License Post by: Saisher on October 16, 2020, 03:13:10 AM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? I'm not even looking if they are registered or where they are registered all I care is if they have a good reputation in the community and what the community is saying about their platform, license is a big factor for legality but it's really the reputation that matters and that will count the most among gamblers, they want fairness and reputation on how they address issues as they come. Title: Re: Gambling License Post by: Timelord2067 on October 16, 2020, 01:56:16 PM I'm not even looking if they are registered or where they are registered all I care is if they have a good reputation in the community and what the community is saying about their platform, license is a big factor for legality but it's really the reputation that matters and that will count the most among gamblers, they want fairness and reputation on how they address issues as they come. It all comes down to when you win the purse at an on-line Casino and then they renege on paying you the bag of coins you are owed because you weren't signed up properly, or from the *wrong* country or similar excuse will be when you will want to know if the Casino is Licensed or not so that you can chase after them to recoup your lost winnings. That's usually the only time people care if the site ir License or not. Title: Re: Gambling License Post by: johhnyUA on October 16, 2020, 08:54:23 PM I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything. Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore). And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems. And this is where many people get tricked, it will be nice to remember recent history with 1xbet. Title: Re: Gambling License Post by: Serious475 on October 17, 2020, 04:31:19 AM I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything. Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore). And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems. And this is where many people get tricked, it will be nice to remember recent history with 1xbet. Title: Re: Gambling License Post by: Yogee on October 17, 2020, 04:55:41 AM I've come to conclusion based on the comments on this thread that honest players who are high rollers would prefer licensed AND reputable casinos.
Those who play casually and bet small wouldn't care about license as long as it has good reputation. They're not going to lose big anyway even if the casino is suddenly seized by the authorities. Title: Re: Gambling License Post by: Maslate on October 17, 2020, 01:55:17 PM I've come to conclusion based on the comments on this thread that honest players who are high rollers would prefer licensed AND reputable casinos. Those who play casually and bet small wouldn't care about license as long as it has good reputation. They're not going to lose big anyway even if the casino is suddenly seized by the authorities. Just like me actually, I don't bet a huge amount of money so if the site will do an exit scam, that's it, just end of the site but I will never get affected a lot as I only put a certain amount where I can afford to let go. The reality is, we are in crypto, even the license casinos can go dark and even if you know them since they are license, question is, would you sue them for just a small amount of money that they scam from you? Title: Re: Gambling License Post by: FontSeli on October 18, 2020, 11:37:45 PM I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything. Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore). And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems. And this is where many people get tricked, it will be nice to remember recent history with 1xbet. Do you really find the strength and money to go to sue a casino in the country that issued the license? For example, the island of Curacao is very far away from you. You will need not only to come to this country but also to hire lawyers. You must be deceived by a significant amount to make sense to go there and spend money on filing a lawsuit. Title: Re: Gambling License Post by: fortunecrypto on October 19, 2020, 01:18:26 AM I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino? Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose. For me, a license is good because the gambling casinos just want to prove that he is compliant and he wants to shows to his clients that he is a legit gambling casino, but of course, reputation is still one of the important things that gamblers will look when they are looking for casinos to play, they don't want to have issues on the casinos they are playing like accusing them of multi-accounts or using a VPN Title: Re: Gambling License Post by: maydna on October 19, 2020, 02:15:14 AM I've come to conclusion based on the comments on this thread that honest players who are high rollers would prefer licensed AND reputable casinos. Those who play casually and bet small wouldn't care about license as long as it has good reputation. They're not going to lose big anyway even if the casino is suddenly seized by the authorities. Just like me actually, I don't bet a huge amount of money so if the site will do an exit scam, that's it, just end of the site but I will never get affected a lot as I only put a certain amount where I can afford to let go. The reality is, we are in crypto, even the license casinos can go dark and even if you know them since they are license, question is, would you sue them for just a small amount of money that they scam from you? That would not be a problem for us if the site finally scams us because we don't use huge money to gamble. We can accept the risk of scamming because we only search for entertainment in gambling games. Perhaps the gambling owner can ask for help from people in the dark market to solve their problem to have a license because many things can buy and sell in that market. No one will know what will happen to that gambling site, whether they have licensed or not, they are reputable gambling sites or not. But we can prevent scamming by always be careful to select the gambling site and don't use a huge amount of money to gamble. Title: Re: Gambling License Post by: coin-investor on October 19, 2020, 02:46:40 AM For new casinos it's good to see a license but for old and trusted casinos I'm ok with them even without a license the reputation counts the most gamblers will easily trust and will not look for a license if the casinos have a good reputation people are more comfortable playing on their platform it's not a big issues if they do not have a license.
Title: Re: Gambling License Post by: Apes on October 19, 2020, 05:48:13 AM For new casinos it's good to see a license but for old and trusted casinos I'm ok with them even without a license the reputation counts the most gamblers will easily trust and will not look for a license if the casinos have a good reputation people are more comfortable playing on their platform it's not a big issues if they do not have a license. I agree, no need do a verification or license for old trusted casino. However, because of Online casino management is messy and almost no one is watching my opinion for a new casino they are mandatory to take security licenses etc from independent institution, taking the license is not about the security system but which puts forward the gambling algorithm because we don't want if the game provide an advantage the bookie or other people. Title: Re: Gambling License Post by: codegnome on October 19, 2020, 09:32:49 AM For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.
Title: Re: Gambling License Post by: freedomgo on October 19, 2020, 01:07:20 PM For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license. Well, in my case, I would never deposit that big amount in a site that has no license, that's too big to lose, can't afford it. Maybe $100 usd, max $200, I can still let go and forget if I get scam, I experienced that once in my life, lol.. so it's not new, but you are right, license is a must. Title: Re: Gambling License Post by: XZERO1 on October 19, 2020, 02:23:23 PM For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license. Having a valid gambling license is turning to a must for a gambling website these days and licensed gambling websites are generally more preferred, that being said not having a license does not necessarily mean that the gambling website in question is not safe to use, I used more than few gambling website that had no license but I had no issues with them because apart from the license part they had no other problems and at times they were even better than the licensed ones and had a very good reputation and were quite popular as well. Title: Re: Gambling License Post by: stadus on October 19, 2020, 02:33:02 PM For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license. Having a valid gambling license is turning to a must for a gambling website these days and licensed gambling websites are generally more preferred, that being said not having a license does not necessarily mean that the gambling website in question is not safe to use, I used more than few gambling website that had no license but I had no issues with them because apart from the license part they had no other problems and at times they were even better than the licensed ones and had a very good reputation and were quite popular as well. I can relate to that, I would always choose reputation over anything else as a site with good reputation will less likely gonna scam their gamblers, When gambling in crypto casinos, we also have to ensure we know how to minimize the risk, take advantage on the number of casinos existing in the crypto space, don't gamble on one casino only. As the poll says, as of now we already have 62% who voted for ' Quote I don't care about license as long as reputable Title: Re: Gambling License Post by: pilosopotasyo on October 19, 2020, 04:02:17 PM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? License is important but reputation is everything, I will never play on an online gambling site with a lot of issues even if they have 5 license credited or displayed on their homepage, it will not help you when you encounter issues but for a gambling site that takes care of their reputation and sensitive on their reputation, they see to it that they always render fair decision on every issue. Title: Re: Gambling License Post by: abhiseshakana on October 19, 2020, 04:26:42 PM Every gambler will have a different view regarding the gambling license, there are those who don't mind this and there are some who consider the gambling license important.
But if there a new casino and they already have a license, then this will be a selling point in attracting potential customers because gamblers will feel safer when they play using their platform (although this does not fully guarantee that the casino will not do a scam). Especially for a reputable casino that also has a license, a casino like this, it is like sugar surrounded by ants because every gambler will like it. Title: Re: Gambling License Post by: abel1337 on October 19, 2020, 04:29:06 PM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? License is important but reputation is everything, I will never play on an online gambling site with a lot of issues even if they have 5 license credited or displayed on their homepage, it will not help you when you encounter issues but for a gambling site that takes care of their reputation and sensitive on their reputation, they see to it that they always render fair decision on every issue. Title: Re: Gambling License Post by: MI6 on October 19, 2020, 05:00:22 PM I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.
Title: Re: Gambling License Post by: Mahanton on October 19, 2020, 08:51:30 PM Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? License is important but reputation is everything, I will never play on an online gambling site with a lot of issues even if they have 5 license credited or displayed on their homepage, it will not help you when you encounter issues but for a gambling site that takes care of their reputation and sensitive on their reputation, they see to it that they always render fair decision on every issue. without any issues for people to seek out if theyre licensed or not and just simply make out their casual operations which do build up trust and credibility.Later on, when they are already gaining some traction and attention then thats the time they do consider out on getting one which will really add up even more trust since people do always have positive approach when someone is licensed but its up to them though because there are still places whom doesnt care much about getting one as long they do give out some best service for bettors or gamblers out there. Title: Re: Gambling License Post by: MCobian on October 19, 2020, 09:40:34 PM I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them. What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license. Title: Re: Gambling License Post by: maydna on October 20, 2020, 01:19:16 AM I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them. What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license. Perhaps, having a license can make the casino have legality, so people will see that besides the casino is a recommended casino to play gambling, that casino also has a license to run a gambling business. That can make the casino the top-notch of gambling websites, and I am sure that they will invite many more people to visit and play gambling. Get the reputations will not be easy because the casino needs to make their customer satisfaction with their services. The casino needs to have a 24/7 support system that will always stand by to help the members. If they have problems, they can fix it quickly, so the members will not feel disturbed when they play gambling. Title: Re: Gambling License Post by: XZERO1 on October 20, 2020, 10:18:20 AM What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license. It takes time to get a good reputation but it's not that hard to do that, if you are really serious about having a casino website that is going to be working for 4-5 years and you're going to accept crypto as payment or one of the payment methods all you have to do is add 1-2 games at the start to your website and only work on them specifically for a year at least (the amount of time needed can differ a bit depending on how many people are working on it) to make sure they are not buggy and fully functional and only after that you can attempt to add new games to the platform, that's why so many casino websites struggle at first, because they are trying hard to add as many games as they can at the start not caring about the functionality as much to increase their number of users not knowing it's really hard to do that when you just started specially for a small team. Also after you added their first game you can make your own thread in this forum and people can give you reviews on your website and after a month or two if your casino website are working fine and members comments are positive your website will have enough reputation that users trust them with their money and from that point you can start gaining more and more users. Title: Re: Gambling License Post by: erikoy on October 20, 2020, 12:48:51 PM Today when doing business is better to rely on the authority to avoid getting penalized if it happen that your gambling site will receive or will get a good number of betters and a bigger profit that could get especially if it will be going to establish. In that you will be confident that no one can threaten you especially if there are competitions happen locally in your place where mostly threatening happen both camp to get known which is really better in the competition.
Title: Re: Gambling License Post by: bitcoin31 on October 20, 2020, 01:48:23 PM Today when doing business is better to rely on the authority to avoid getting penalized if it happen that your gambling site will receive or will get a good number of betters and a bigger profit that could get especially if it will be going to establish. In that you will be confident that no one can threaten you especially if there are competitions happen locally in your place where mostly threatening happen both camp to get known which is really better in the competition. They have advantages of having licensed just like in gambling the owner really need to get a permit from the government because once they caught that there's no licensed yes possible penalized big amount of money and their gambling will close. Every business we create or build permit is must before operate because it also gives for your customer or player a confident that their money is safe because licensed equals legit.Title: Re: Gambling License Post by: Becky666 on October 20, 2020, 02:14:38 PM I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them. Agree with your submission, we can all attest to this fact that, reputation on gambling platforms or cryptocurrency exchanges doesn't come easily like the license does (anyone can attain license base on their finances) . Mostly on this exalted forum, it took time and tenacity from gambling platforms to gain reputation from gamblers here on the forum, most of my friends outside this space do verify their gambling platforms from this exalted cryptocurrency platform. Title: Re: Gambling License Post by: Casdinyard on October 20, 2020, 02:37:43 PM I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything. Always have the same perception towards licenses where it isnt really my main criteria on choosing up a casino because when i do saw that there were lots who had been playing then I mean cloudbet has all the licenses one needs but they still have so many problems and same can be said about many other casinos so having license does not reflect too much trust but yes if a trusted casino has license then it brings even more trust. But really I don't care one bit if one has license as long as the games are fair and the website pays. you can presume already that it is a good once neither it does have license or not but who doesnt like on a reputable one with license? Of course it would really be a great thing and as said or mentioned, that will bring even more trust to the platform which might add up even more players. But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site. Title: Re: Gambling License Post by: BChydro on October 20, 2020, 06:47:40 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? I am gambling online for a decade and i never checked about the license they are running but whenever i choose a site i always look for reputation and the longevity and whether they had any scam accusations and what are they things you need to be careful in order to gamble smoothly. All of the fiat based sites have mandatory KYC but the issue i see with crypto based gambling sites is that they will only lock your account if you keep on winning and they will try to find a way to block your winnings and i have seen many complaints regarding that but fortunately i never had those experience and i have verified my KYC in some of the casinos.Title: Re: Gambling License Post by: XZERO1 on October 21, 2020, 12:30:18 PM I can relate to that, I would always choose reputation over anything else as a site with good reputation will less likely gonna scam their gamblers, When gambling in crypto casinos, we also have to ensure we know how to minimize the risk, take advantage on the number of casinos existing in the crypto space, don't gamble on one casino only. Reputation is always everything in any business, now if there was a way that having a valid gambling license could eliminate any kind of wrongdoings within a casino and work as an insurance for the users of those casino websites then we could consider having a license as a must but right now it has more of a symbolic value and it's kind of a bonus for a well reputable casino website and nothing more than that and no one should look at license as total immunity against any future problems. Title: Re: Gambling License Post by: ice098 on October 21, 2020, 01:44:46 PM I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them. Agree with your submission, we can all attest to this fact that, reputation on gambling platforms or cryptocurrency exchanges doesn't come easily like the license does (anyone can attain license base on their finances) . Mostly on this exalted forum, it took time and tenacity from gambling platforms to gain reputation from gamblers here on the forum, most of my friends outside this space do verify their gambling platforms from this exalted cryptocurrency platform. Once a gambling business have a good reputation then this may serve as an edge to other gambling businesse, this may be a plus factor to attract more costumer. But like what we've said here, reputation didn't get easily. It cannot be earned by the blinked of an eye it should be earned step by step and by keeping a good business status be it a financial aspect or business name. Talking about a gambling license i only have one on my list and it is a casino and lotto and other gambling that i've wasn't licensed but they'd still operated. Title: Re: Gambling License Post by: fullhdpixel on October 23, 2020, 02:49:43 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? I am gambling online for a decade and i never checked about the license they are running but whenever i choose a site i always look for reputation and the longevity and whether they had any scam accusations and what are they things you need to be careful in order to gamble smoothly. All of the fiat based sites have mandatory KYC but the issue i see with crypto based gambling sites is that they will only lock your account if you keep on winning and they will try to find a way to block your winnings and i have seen many complaints regarding that but fortunately i never had those experience and i have verified my KYC in some of the casinos.I understand users want to verify license before they play but getting a license is seriously not a big deal and you cannot make much claims if the gambling site had a license and you get scammed by them so better to play on those sites who are running and have a good reputation here at forum because almost all of the scam casinos are busted here at forum within a few months of their operation. Title: Re: Gambling License Post by: mindrust on October 23, 2020, 03:03:34 PM For a site to have a license is an advantage. Not always. It is not an advantage if the casino has a good reputation already. Especially if it is that shitty Curaçao license that doesn't want any players from most of the developed countries like USA or letting the casino to demand KYC in some situations. Title: Re: Gambling License Post by: ralle14 on October 23, 2020, 03:21:32 PM For a site to have a license is an advantage. Many gambling sites are not having any, but it would keep players away from worries if the site they are engaging their money with, is licensed, given that there are many gambling sites resulting to scam. Exit scams of gambling site is quite "noisy" these days. Maybe, a site having a license would lessen the risk of such. A gambling license doesn't mean they can be trusted since it's easy for casinos to get them and casinos that have these license can still scam their players one example is megadice. But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site. Even if they're just a small gambling site a license wouldn't change. A good example of a small site that doesn't have a license is windice and during their launch they still did well. Title: Re: Gambling License Post by: Finestream on October 24, 2020, 09:56:10 AM For a site to have a license is an advantage. Many gambling sites are not having any, but it would keep players away from worries if the site they are engaging their money with, is licensed, given that there are many gambling sites resulting to scam. Exit scams of gambling site is quite "noisy" these days. Maybe, a site having a license would lessen the risk of such. A gambling license doesn't mean they can be trusted since it's easy for casinos to get them and casinos that have these license can still scam their players one example is megadice. But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site. Even if they're just a small gambling site a license wouldn't change. A good example of a small site that doesn't have a license is windice and during their launch they still did well. Correct but gamblers will be more confident if they know that the gambling site they are playing with has a license. It's a must for some people, a site with a good reputation and a license for security, you know, you can't sue a gambling site with a license as you won't know where to find them. Title: Re: Gambling License Post by: bitbunnny on October 24, 2020, 10:06:45 AM I can say that having a licence isn't guarantee that gambling site is honest and trustworthy but still it gives some kind of proof that is operating legally, for me that is also important.
However, that is not the only thing I rely on and always check other references and experience of other gamblers. Title: Re: Gambling License Post by: Alucard1 on October 24, 2020, 10:42:30 AM I can say that having a licence isn't guarantee that gambling site is honest and trustworthy but still it gives some kind of proof that is operating legally, for me that is also important. But a gambling site that has license is more safe i think because you can go to the court and have your rights if something happened. Not like to those gambling sites that has no license because if something happened you there, you will be having no rights to complain since you managed to use their sites even if you know that they don't have license. License is everything on any business so if you have no license, you have no rights to have business and if the business you ask to have their service has no license, you also has no rights.However, that is not the only thing I rely on and always check other references and experience of other gamblers. Title: Re: Gambling License Post by: michellee on October 24, 2020, 11:06:15 AM For a site to have a license is an advantage. Many gambling sites are not having any, but it would keep players away from worries if the site they are engaging their money with, is licensed, given that there are many gambling sites resulting to scam. Exit scams of gambling site is quite "noisy" these days. Maybe, a site having a license would lessen the risk of such. A gambling license doesn't mean they can be trusted since it's easy for casinos to get them and casinos that have these license can still scam their players one example is megadice. But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site. Even if they're just a small gambling site a license wouldn't change. A good example of a small site that doesn't have a license is windice and during their launch they still did well. We can select the gambling site that we will use to playing gambling, and if we feel that the site is good, mostly after we read many good reviews about them, we can select that site to play gambling. Title: Re: Gambling License Post by: Maslate on October 24, 2020, 11:14:00 AM Yes, they can use the license to trick their members and run away with their money. I think this kind of belief is wrong, no offence mate but license is a privilege given to a private business from the government, and it will go through process where they will require information from the owners and the incorporators of the gambling site, if their main purpose is just to scam the gambler, they should not register their business legally. Title: Re: Gambling License Post by: plr on October 24, 2020, 11:19:18 AM Yes, they can use the license to trick their members and run away with their money. I think this kind of belief is wrong, no offence mate but license is a privilege given to a private business from the government, and it will go through process where they will require information from the owners and the incorporators of the gambling site, if their main purpose is just to scam the gambler, they should not register their business legally. If you have a license you are bound on the terms and contract of that license it's not easy to get away if you have a license and you will just scam people, you will be persecuted your license revoke and they might ban you in the country, gambling license is not a license to scam people, rather it's the other way around, they made you a legal entity so you are bound my legality. Title: Re: Gambling License Post by: Maslate on October 24, 2020, 11:52:41 AM Yes, they can use the license to trick their members and run away with their money. I think this kind of belief is wrong, no offence mate but license is a privilege given to a private business from the government, and it will go through process where they will require information from the owners and the incorporators of the gambling site, if their main purpose is just to scam the gambler, they should not register their business legally. If you have a license you are bound on the terms and contract of that license it's not easy to get away if you have a license and you will just scam people, you will be persecuted your license revoke and they might ban you in the country, gambling license is not a license to scam people, rather it's the other way around, they made you a legal entity so you are bound my legality. Title: Re: Gambling License Post by: Saisher on October 24, 2020, 12:26:34 PM That's what I'm saying, you can't play with the license, not only that you will be ban, you can also get to jail if you are scamming people, you know, authorities would be having a hard time finding you as they know your name as the operator, so I don't think operators will try to scam people, unless their license are fake. It will do good if the gambling site have both two of this, license and reputation but as we can see gamblers are looking for repuation, because even if gambling site has a license they can still manipulate some gamblers to make them appear they are doing harm in the platform and they asked gamblers to charge them, which is a waste of time so between the two I go for reputation, it's safe to play here. Title: Re: Gambling License Post by: Mahdirakib on October 24, 2020, 01:05:27 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? Basically I don't care about the license of a casino. I have played a lot of site, before playing there with deposit I check the casino review. Without having probably fair game a casino review will never be good. It help me to avoid shady casino. In my opinion reputation can consider as a license of old casino. It's easy to know about a new casino by using their chat and some user opinion.~snip~ 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? Title: Re: Gambling License Post by: safari88 on October 24, 2020, 01:15:32 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? Basically I don't care about the license of a casino. I have played a lot of site, before playing there with deposit I check the casino review. Without having probably fair game a casino review will never be good. It help me to avoid shady casino. In my opinion reputation can consider as a license of old casino. It's easy to know about a new casino by using their chat and some user opinion.~snip~ 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? it is very hard to believe that. you always want to play with a casino that has a license. otherwise they can walk with your money very easily. if they try to do it with a license then at least you have some company information that you can reach out for or one commission. if it is not licensed and you are scammed, where are you going to search? Title: Re: Gambling License Post by: Maslate on October 24, 2020, 01:20:29 PM One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered? Basically I don't care about the license of a casino. I have played a lot of site, before playing there with deposit I check the casino review. Without having probably fair game a casino review will never be good. It help me to avoid shady casino. In my opinion reputation can consider as a license of old casino. It's easy to know about a new casino by using their chat and some user opinion.~snip~ 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? It is very hard to believe that. you always want to play with a casino that has a license. otherwise they can walk with your money very easily. if they try to do it with a license then at least you have some company information that you can reach out for or one commission. if it is not licensed and you are scammed, where are you going to search? This is my point, where are you going to search them if you sue them? And would it make you comfortable trusting them your money knowing they don't have an identity and anytime they can go dark taking your money? These are the risk that we can minimize if we are gambling in a site with license. Title: Re: Gambling License Post by: Mahdirakib on October 24, 2020, 07:00:44 PM ~snip~ I don't spend big amount in gambling. So if a casino scam my small deposit amount, it wouldn't heart me much, though I will feel bad. Moreover gambling is illegal in our region. So if I get scammed by a unlicensed casino I have nothing to do without telling the story to other people at online gambling reletaed platform. Actually most of the casino have license where I play but truly I don't care about it. Reputation of a casino is enough to gain trust from many gambler.Title: Re: Gambling License Post by: ecnalubma on October 24, 2020, 07:33:41 PM To be a respected gambling platform reputation alone is not enough but it should also comply with the government regulations. But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred.
Title: Re: Gambling License Post by: Fortify on October 24, 2020, 07:36:54 PM It seems like a better idea to stick with gambling regulators that are governed by EU regulators. A lot of UK gambling companies are registered and covered by the gaming regulator of Gibraltar - they get the benefit of saying they are somewhat of a UK institution but are probably able to influence the regulator or play by much looser rules than they would on the mainland. Whenever I see the company is based in somewhere like Curacao it is an instant turn off - there is absolutely zero faith that they would be able to do anything if the gambling institution didn't want to pay out winnings or committed other abuse.
Title: Re: Gambling License Post by: Mahanton on October 24, 2020, 07:44:40 PM To be a respected gambling platform reputation alone is not enough but it should also comply with the government regulations. But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred. Having some gambling license will really give out that kind of positive impression in most people where they do put up into their minds that theyre dealing with legit stuff since its a licensed oneor do abide with governments jurisdiction or rules but not all reputable or known sites at the moment are licensed.Some are still havent their own but do able to pull out some attention to the entire market.So this do talks that it isnt all about license., its all about on how to make yourself trustworthy into this market. Later on when you do gain trust then thats the time you might consider on getting a license which would strengthen the trust even more. Title: Re: Gambling License Post by: palle11 on October 24, 2020, 08:00:54 PM But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred. Online casino can be risky because regulation isn't having more concentration by government. Many of the casino are not surely into sincerity, people complain of scam. When scam is complained about, you can't do anything to it. Title: Re: Gambling License Post by: Stedsm on October 24, 2020, 08:19:35 PM 1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation? I believe that if gambling is already restricted in my country, I would not look for a license at all. About the Curacao thing, yes I know that the sites regulated by them - do offer players to play there even if they come from a restricted area which may put the gambler into problem if they are asked for a KYC. Quote 2. Is it enough that they offer provably fair games? If I'm too lazy, yes. I mean who cares about the license, I just wanna take a chill-pill. :D If I'm such a type of detective sort of person, I'll definitely try to look for more critical insider information about the gambling site including its license. Quote 3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new? Then I'd simply try out the new casino or just wait for some people to try it out for some time and give a review about them. But trust me, even if too good reputation has been created, if a casino wants to scam, they'll definitely do that. So I don't think that a particularly new casino will be able to prove itself unless hard time strikes in for them and if someone wins something huge over their casino. That's when their real test starts. Quote Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards? Definitely, because their regulatory bodies will act differently as well as their way of handling and dealing with money laundering issues and/or KYC as well as restriction of countries will be very strictly followed and users from such countries will not be entertained. Title: Re: Gambling License Post by: DoublerHunter on October 24, 2020, 08:24:11 PM But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred. Online casino can be risky because regulation isn't having more concentration by government. Many of the casino are not surely into sincerity, people complain of scam. When scam is complained about, you can't do anything to it. Title: Re: Gambling License Post by: ReiMomo on October 24, 2020, 08:33:37 PM I don't understand, why the majority of our community members here choose gambling sites that no license as long as there is a reputation. I guess reputation has been started with a licensed gambling casino.
If you were going to ask me, I will prefer to choose both characteristics that should gambling online casinos have. The license and reputation will be the right choice. You can also choose a gambling site that already ran a business within 5 months to 1 year. If they don't have critical complaints, I guess they are good to go. Title: Re: Gambling License Post by: codegnome on October 24, 2020, 11:11:03 PM It is of course much nicer to gamble on a site that is in possession of an official gambling license. Sites are bound by certain rules, I think they have to observe them.
Isn't it nicer to know who you are dealing with as a customer? and not on a site that does not publish or intend to publish any company information. If a site does not publish anything, the first alarm bells should already be ringing. Title: Re: Gambling License Post by: michellee on October 25, 2020, 03:02:43 AM Yes, they can use the license to trick their members and run away with their money. I think this kind of belief is wrong, no offence mate but license is a privilege given to a private business from the government, and it will go through process where they will require information from the owners and the incorporators of the gambling site, if their main purpose is just to scam the gambler, they should not register their business legally. If you have a license you are bound on the terms and contract of that license it's not easy to get away if you have a license and you will just scam people, you will be persecuted your license revoke and they might ban you in the country, gambling license is not a license to scam people, rather it's the other way around, they made you a legal entity so you are bound my legality. To be a respected gambling platform reputation alone is not enough but it should also comply with the government regulations. But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred. If you found the gambling platform because of their review or ratings, I don't think that the gambling site will recommend playing gambling. If it's related to the crypto world, it is better to find the recommended gambling site from here because you will get so many trustable and recommended gambling sites that you can use to gamble.Title: Re: Gambling License Post by: Stedsm on October 25, 2020, 09:39:26 AM If you found the gambling platform because of their review or ratings, I don't think that the gambling site will recommend playing gambling. If it's related to the crypto world, it is better to find the recommended gambling site from here because you will get so many trustable and recommended gambling sites that you can use to gamble. Would have been much better if you'd have given him the suggestion to also clearly read the rules and especially, the ToS of a specific gambling website they want to gamble at because this can turn bad for them if their country is listed in that website's restricted countries list and then they still gamble there but are stopped from withdrawing anything (some sites even do it like this because it's gambler's fault in the end that they didn't check the terms before registering). Nowadays, even the best and reputed gambling websites are turning grey when it comes to withdrawals. Title: Re: Gambling License Post by: Pmalek on October 25, 2020, 09:54:17 AM It seems like a better idea to stick with gambling regulators that are governed by EU regulators. It sure is, but users who gamble with cryptocurrencies are more worried about not having to go through a KYC procedure than of playing at an unlicensed gaming platform. If the site is regulated by the UK gambling commission, the players would have to do KYC verification just like on fiat casinos and bookmakers. That leaves them with two choices: They can either do the KYC or find a Cucacao-based casino with less rigid rules. Most players will pick the 2nd option. Title: Re: Gambling License Post by: Debonaire217 on October 25, 2020, 10:04:29 AM IMO, a gambling site's license is not really necessary since most of the gambling sites have a license from Curacao republic, and as far as I know, the country Curacao is a country which is not really having strict gambling policies which make the gambling casino's license irrelevant. But if we can see a gambling casino registered from a big country, it somehow increases the casino's reputation. On the other hand, in cryptocurrency gambling casinos, a license isn't actually a standard of trust for the users. The reason is that crypto gambling casinos could be transparent by being provably fair, which is enough already to say that the casino is legit when verified.
Title: Re: Gambling License Post by: Chikito on October 25, 2020, 10:11:50 AM I don't understand, why the majority of our community members here choose gambling sites that no license as long as there is a reputation. Regarding the pool on the front page, not all members/majority choose that suggestion. I see 21 voters only (13 voters choose another option). If so when I check thread statistic (https://ninjastic.space/search?topic_id=5279285.0) had about 133 users posted, this means 99 users didn't have a choice. Regarding this, I don't think the reputable majority of member choose that option.Title: Re: Gambling License Post by: Yogee on October 25, 2020, 11:09:23 AM I don't understand, why the majority of our community members here choose gambling sites that no license as long as there is a reputation. Regarding the pool on the front page, not all members/majority choose that suggestion. I see 21 voters only (13 voters choose another option). If so when I check thread statistic (https://ninjastic.space/search?topic_id=5279285.0) had about 133 users posted, this means 99 users didn't have a choice. Regarding this, I don't think the reputable majority of member choose that option.If we read back at the comments, it is noticeable that most of them answered reputable over licensed casinos so the poll is just a formality. Title: Re: Gambling License Post by: Japinat on October 25, 2020, 11:16:15 AM I don't understand, why the majority of our community members here choose gambling sites that no license as long as there is a reputation. Regarding the pool on the front page, not all members/majority choose that suggestion. I see 21 voters only (13 voters choose another option). If so when I check thread statistic (https://ninjastic.space/search?topic_id=5279285.0) had about 133 users posted, this means 99 users didn't have a choice. Regarding this, I don't think the reputable majority of member choose that option.If we read back at the comments, it is noticeable that most of them answered reputable over licensed casinos so the poll is just a formality. Title: Re: Gambling License Post by: Yogee on October 25, 2020, 11:23:30 AM I don't understand, why the majority of our community members here choose gambling sites that no license as long as there is a reputation. Regarding the pool on the front page, not all members/majority choose that suggestion. I see 21 voters only (13 voters choose another option). If so when I check thread statistic (https://ninjastic.space/search?topic_id=5279285.0) had about 133 users posted, this means 99 users didn't have a choice. Regarding this, I don't think the reputable majority of member choose that option.If we read back at the comments, it is noticeable that most of them answered reputable over licensed casinos so the poll is just a formality. Title: Re: Gambling License Post by: michellee on October 26, 2020, 05:02:05 AM If you found the gambling platform because of their review or ratings, I don't think that the gambling site will recommend playing gambling. If it's related to the crypto world, it is better to find the recommended gambling site from here because you will get so many trustable and recommended gambling sites that you can use to gamble. Would have been much better if you'd have given him the suggestion to also clearly read the rules and especially, the ToS of a specific gambling website they want to gamble at because this can turn bad for them if their country is listed in that website's restricted countries list and then they still gamble there but are stopped from withdrawing anything (some sites even do it like this because it's gambler's fault in the end that they didn't check the terms before registering). Nowadays, even the best and reputed gambling websites are turning grey when it comes to withdrawals. Most gamblers will not check the TOS because they want to test the site, and if they feel comfortable playing gambling at that site, they will try to deposit some money. But then, if they win, they are forced to read the TOS to find out about the withdrawal section. If they can not withdraw the money because of prohibiting from the country list, that will be their mistake. Maybe the solution is after they check the site by playing some games, they need to read the TOS so that they will know the pros and cons. If the gambling site has a prohibited country, he will not play gambling at that site, but he can move to another gambling site. Title: Re: Gambling License Post by: CODE200 on October 26, 2020, 01:06:21 PM If you found the gambling platform because of their review or ratings, I don't think that the gambling site will recommend playing gambling. If it's related to the crypto world, it is better to find the recommended gambling site from here because you will get so many trustable and recommended gambling sites that you can use to gamble. Would have been much better if you'd have given him the suggestion to also clearly read the rules and especially, the ToS of a specific gambling website they want to gamble at because this can turn bad for them if their country is listed in that website's restricted countries list and then they still gamble there but are stopped from withdrawing anything (some sites even do it like this because it's gambler's fault in the end that they didn't check the terms before registering). Nowadays, even the best and reputed gambling websites are turning grey when it comes to withdrawals. Most gamblers will not check the TOS because they want to test the site, and if they feel comfortable playing gambling at that site, they will try to deposit some money. But then, if they win, they are forced to read the TOS to find out about the withdrawal section. If they can not withdraw the money because of prohibiting from the country list, that will be their mistake. Maybe the solution is after they check the site by playing some games, they need to read the TOS so that they will know the pros and cons. If the gambling site has a prohibited country, he will not play gambling at that site, but he can move to another gambling site. This one shows the reality of what is happening most of the time. I am even guilty because when I started playing online, I did not mind TOS at first because I though it is the same with other apps. I was not aware of the limitations regarding countries when it comes to withdrawals until my friend told me so. But so far I did not encounter gambling sites which causes problem in my country. But still, I made it a habit to read whenever I encounter new gambling sites. Reading will often save us from mistakes. Title: Re: Gambling License Post by: michellee on October 27, 2020, 06:04:21 AM This one shows the reality of what is happening most of the time. I am even guilty because when I started playing online, I did not mind TOS at first because I though it is the same with other apps. I was not aware of the limitations regarding countries when it comes to withdrawals until my friend told me so. But so far I did not encounter gambling sites which causes problem in my country. But still, I made it a habit to read whenever I encounter new gambling sites. Reading will often save us from mistakes. That is good for you. You can at least try to familiarize yourself first before you go deep into that site and know about their rule. But mostly, people don't read the TOS on their first visit, and they will try to read the TOS if they think that they need an answer to their question before they contact the support system. I am also trying to read the TOS after I feel comfortable staying at the site to know the site's situations. Besides that, I don't get a bad experience until now, even if I don't read the TOS because I don't use too big money to gamble, and if I win, I don't withdraw all of the money instead withdraw for small money or withdraw my initial money.Title: Re: Gambling License Post by: aioc on October 27, 2020, 07:59:37 AM I don't understand, why the majority of our community members here choose gambling sites that no license as long as there is a reputation. Regarding the pool on the front page, not all members/majority choose that suggestion. I see 21 voters only (13 voters choose another option). If so when I check thread statistic (https://ninjastic.space/search?topic_id=5279285.0) had about 133 users posted, this means 99 users didn't have a choice. Regarding this, I don't think the reputable majority of member choose that option.I don't see the number representing the majority of the members here, there are members who opted not to vote but participated on the discussion and there are players who are not active in the gambling discussion, but if going to vote the vote could be that on the lowest generate vote I don't see more than 30 members representing the majority of the gambling community. Title: Re: Gambling License Post by: XZERO1 on October 27, 2020, 10:08:55 AM I don't understand, why the majority of our community members here choose gambling sites that no license as long as there is a reputation. I guess reputation has been started with a licensed gambling casino. If you were going to ask me, I will prefer to choose both characteristics that should gambling online casinos have. The license and reputation will be the right choice. You can also choose a gambling site that already ran a business within 5 months to 1 year. If they don't have critical complaints, I guess they are good to go. Obviously it would be ideal to use a gambling website with a license and good amount of reputation at the same time, but this poll is more about which one would you choose if you had to choose between reputation and gambling license, since many of the good gambling website with great reputation do not have gambling license and also many licensed gambling websites don't have enough reputation to give the user some sense of trust you have to choose one of them as your priority, and that doesn't surprise me at all that most people chose reputation over gambling license because it's way harder for a casino website to gain a decent amount of reputation while it's rather easy to get a gambling license from some country with questionable law system. Title: Re: Gambling License Post by: tyz on October 27, 2020, 10:21:28 PM Preferring a casino with a license only makes sense if you are investing your own taxed money. But most of the gamblers use Bitcoin that they got from somewhere (e.g. airdops, crypto trading etc) and didn't pay tax for it. Therefore, the license for such gamblers is completely irrelevant, only the reputation and seriousness of the casino should be considered.
Title: Re: Gambling License Post by: FontSeli on October 27, 2020, 10:42:37 PM Preferring a casino with a license only makes sense if you are investing your own taxed money. But most of the gamblers use Bitcoin that they got from somewhere (e.g. airdops, crypto trading etc) and didn't pay tax for it. Therefore, the license for such gamblers is completely irrelevant, only the reputation and seriousness of the casino should be considered. Different people get their coins in different ways. For example, I bought my first coins with money received from other taxable activities. I think that a lot of people in the crypto market bought their cryptocurrencies with money from their official income. In addition, if you Deposit money on a gambling site to scammers, you will be equally sorry to lose both dirty money and clean money. Title: Re: Gambling License Post by: pankowri on October 28, 2020, 02:44:22 AM To prove the company's legitimacy, a license is a standard form to show the customers for being trusted easily. In the case of Casino, people need to know the company details where it is being registered because Casino is the most popular and people are nowadays using it with huge money. So for their safety, a license can get them relief for not to be worried. It increases the level of trust.
Title: Re: Gambling License Post by: Yogee on October 28, 2020, 03:07:14 AM Preferring a casino with a license only makes sense if you are investing your own taxed money. But most of the gamblers use Bitcoin that they got from somewhere (e.g. airdops, crypto trading etc) and didn't pay tax for it. Therefore, the license for such gamblers is completely irrelevant, only the reputation and seriousness of the casino should be considered. Fair enough. I haven't even considered that as a factor when choosing between licensed and reputable casinos.Do you think someone who bought $100 [or less] worth of BTC for gambling purposes using his own taxed money would care about a casino's license? I've stated in the past that most gamblers wouldn't mind if they're betting with small capital. Title: Re: Gambling License Post by: owengtam09 on October 28, 2020, 05:34:02 AM The truth is, when I am playing online on gambling sites, I don't check if the site is registered or something or have a License. As long as I know that a gambling site is trusted then I will not be afraid of putting my BTC on that gambling site, but for those who have online gambling site then I think it's a must.
Title: Re: Gambling License Post by: MWesterweele on October 28, 2020, 08:32:04 AM To prove the company's legitimacy, a license is a standard form to show the customers for being trusted easily. In the case of Casino, people need to know the company details where it is being registered because Casino is the most popular and people are nowadays using it with huge money. So for their safety, a license can get them relief for not to be worried. It increases the level of trust. As what i have know a prestigious gambling for sure was legally operated and has a licensed. Of course the licensed itself of a gambling business will attract gamblers. Aside from the fact that licensed make the gambling site worked freely but with some restrictions of a government, this would be also their assets to attract players, an edge to other gambling site that weren't licensed yet. Example of a gambling site that have a licensed were casino. Title: Re: Gambling License Post by: molsewid on October 28, 2020, 12:46:00 PM The truth is, when I am playing online on gambling sites, I don't check if the site is registered or something or have a License. As long as I know that a gambling site is trusted then I will not be afraid of putting my BTC on that gambling site, but for those who have online gambling site then I think it's a must. Then how can you know a gambling website is trusted if you didn't check if they are registered or have a license? By just the reputation or the feedback in their thread, right? When I'm playing too, I didn't care about gambling online if registered or have a license. I'm just reading some feedback or post about the gambling website to know if this website is safe for gambling. Title: Re: Gambling License Post by: FontSeli on October 28, 2020, 06:51:36 PM Preferring a casino with a license only makes sense if you are investing your own taxed money. But most of the gamblers use Bitcoin that they got from somewhere (e.g. airdops, crypto trading etc) and didn't pay tax for it. Therefore, the license for such gamblers is completely irrelevant, only the reputation and seriousness of the casino should be considered. Fair enough. I haven't even considered that as a factor when choosing between licensed and reputable casinos.Do you think someone who bought $100 [or less] worth of BTC for gambling purposes using his own taxed money would care about a casino's license? I've stated in the past that most gamblers wouldn't mind if they're betting with small capital. Do you think that people with little money will not regret their loss? This is because you have more money. However, do not forget that there are people for whom $ 100 is a large amount. Even I would be sorry to lose $ 100 as a result of scam. I don't pay attention to online casino licenses, but I always pay attention to reputation. Perhaps because of this, I haven't lost anything yet. Title: Re: Gambling License Post by: Becky666 on October 28, 2020, 08:12:15 PM The truth is, when I am playing online on gambling sites, I don't check if the site is registered or something or have a License. As long as I know that a gambling site is trusted then I will not be afraid of putting my BTC on that gambling site, but for those who have online gambling site then I think it's a must. That's exactly what I have registered here before now because, anyone in the gambling industry can get license within a short Period of time and still engage in scam, so, i don't quite border around platforms licensed. But what I anxiously believed and always craved to check before gambling in any platform is it reputation. Those gambling platforms I have used before now are with good reputation and I enjoyed their usage.Title: Re: Gambling License Post by: Oilacris on October 28, 2020, 08:23:26 PM Preferring a casino with a license only makes sense if you are investing your own taxed money. But most of the gamblers use Bitcoin that they got from somewhere (e.g. airdops, crypto trading etc) and didn't pay tax for it. Therefore, the license for such gamblers is completely irrelevant, only the reputation and seriousness of the casino should be considered. Fair enough. I haven't even considered that as a factor when choosing between licensed and reputable casinos.Do you think someone who bought $100 [or less] worth of BTC for gambling purposes using his own taxed money would care about a casino's license? I've stated in the past that most gamblers wouldn't mind if they're betting with small capital. Do you think that people with little money will not regret their loss? This is because you have more money. However, do not forget that there are people for whom $ 100 is a large amount. Even I would be sorry to lose $ 100 as a result of scam. I don't pay attention to online casino licenses, but I always pay attention to reputation. Perhaps because of this, I haven't lost anything yet. will to recognize on what casinos are really that capable on doing on giving some legit service to gamblers. I agree that not all people do see that 100 bucks would be small yet lots would really be giving out importance on such amount yet this cant be earn too easily. Gambling it will or making out deposit into a site will surely give out some hesitance. Title: Re: Gambling License Post by: FontSeli on October 28, 2020, 08:33:15 PM Didnt lose something in the sense that you havent put out any money into those casinos that arent really that trusted.We can have our own research and does have our own free will to recognize on what casinos are really that capable on doing on giving some legit service to gamblers. I agree that not all people do see that 100 bucks would be small yet lots would really be giving out importance on such amount yet this cant be earn too easily. Gambling it will or making out deposit into a site will surely give out some hesitance. Sometimes the first glance at a gambling site makes you want to go to Google and search for the reputation of this casino. At the same time, some gambling and betting sites are so popular that I have heard about them far beyond the bitcoin forum. When I chose a site for the game, I didn't even look at whether it has any license) Title: Re: Gambling License Post by: NeilLostBitCoin on October 28, 2020, 11:59:39 PM Sometimes the first glance at a gambling site makes you want to go to Google and search for the reputation of this casino. At the same time, some gambling and betting sites are so popular that I have heard about them far beyond the bitcoin forum. When I chose a site for the game, I didn't even look at whether it has any license) It is okay for me that you sometimes look for the license for your assurance. It is the thing that you may hold on if something gets fishy. So you will notice it easily if they will gonna run your funds. But if you did not leave any assets in your gambling site account maybe it is not needed so much. Title: Re: Gambling License Post by: Yogee on October 29, 2020, 11:14:09 AM ....... I said in the past that most gamblers wouldn't care about license if they bet small amounts as long as it's reputable. I made that conclusion based on the poll and the previous comments. If you want to challenge that then you can go back and read 10 past pages.Do you think that people with little money will not regret their loss? This is because you have more money. However, do not forget that there are people for whom $ 100 is a large amount. Even I would be sorry to lose $ 100 as a result of scam. I don't pay attention to online casino licenses, but I always pay attention to reputation. Perhaps because of this, I haven't lost anything yet. Geez I don't really like repeating myself in discussions. Title: Re: Gambling License Post by: FontSeli on October 29, 2020, 12:51:22 PM Sometimes the first glance at a gambling site makes you want to go to Google and search for the reputation of this casino. At the same time, some gambling and betting sites are so popular that I have heard about them far beyond the bitcoin forum. When I chose a site for the game, I didn't even look at whether it has any license) It is okay for me that you sometimes look for the license for your assurance. It is the thing that you may hold on if something gets fishy. So you will notice it easily if they will gonna run your funds. But if you did not leave any assets in your gambling site account maybe it is not needed so much. Scammers can steal your money as soon as you deposit it on their site. Then it's too late to look for their license. ....... I said in the past that most gamblers wouldn't care about license if they bet small amounts as long as it's reputable. I made that conclusion based on the poll and the previous comments. If you want to challenge that then you can go back and read 10 past pages.Do you think that people with little money will not regret their loss? This is because you have more money. However, do not forget that there are people for whom $ 100 is a large amount. Even I would be sorry to lose $ 100 as a result of scam. I don't pay attention to online casino licenses, but I always pay attention to reputation. Perhaps because of this, I haven't lost anything yet. Geez I don't really like repeating myself in discussions. If for me the sum is insignificant, I probably will not be afraid of losing it. However, I just wanted to note that not for all people the amount of $100 that you called is small. Title: Re: Gambling License Post by: traderethereum on October 29, 2020, 12:56:26 PM Sometimes the first glance at a gambling site makes you want to go to Google and search for the reputation of this casino. At the same time, some gambling and betting sites are so popular that I have heard about them far beyond the bitcoin forum. When I chose a site for the game, I didn't even look at whether it has any license) It is okay for me that you sometimes look for the license for your assurance. It is the thing that you may hold on if something gets fishy. So you will notice it easily if they will gonna run your funds. But if you did not leave any assets in your gambling site account maybe it is not needed so much. But I think some gambling sites which don't have a license will not try to scam us because they care about their members and the site, and they will work hard to convince the members. I do not trust what Google shows about the gambling site because there are so many websites that are not reputable on google, and if we are not careful, we will get scam by the site. I think it is enough if we search for the gambling site from here because we will read so many reviews from the members about the site, and we will also know if the site is recommended or not. Many of the sites will give the members a bonus to test their site to get trust from them. Title: Re: Gambling License Post by: bitbunnny on October 29, 2020, 02:43:26 PM Sometimes the first glance at a gambling site makes you want to go to Google and search for the reputation of this casino. At the same time, some gambling and betting sites are so popular that I have heard about them far beyond the bitcoin forum. When I chose a site for the game, I didn't even look at whether it has any license) It is okay for me that you sometimes look for the license for your assurance. It is the thing that you may hold on if something gets fishy. So you will notice it easily if they will gonna run your funds. But if you did not leave any assets in your gambling site account maybe it is not needed so much. You never know what might happen whether you have assets on the site or not. Although the license doesn't guarantee you 100% security and scam free it's still some kind of recommendation. Personally I would feel more safe and protected and there are less chance that at the end you lose your funds or even have some troubles with law enforcement authorities. Title: Re: Gambling License Post by: Raflesia on October 29, 2020, 02:51:58 PM Sometimes the first glance at a gambling site makes you want to go to Google and search for the reputation of this casino. At the same time, some gambling and betting sites are so popular that I have heard about them far beyond the bitcoin forum. When I chose a site for the game, I didn't even look at whether it has any license) It is okay for me that you sometimes look for the license for your assurance. It is the thing that you may hold on if something gets fishy. So you will notice it easily if they will gonna run your funds. But if you did not leave any assets in your gambling site account maybe it is not needed so much. My personal problem is protected or not in my account, I will never leave it before my assets are all withdrawn. Title: Re: Gambling License Post by: owengtam09 on October 29, 2020, 02:54:04 PM The truth is, when I am playing online on gambling sites, I don't check if the site is registered or something or have a License. As long as I know that a gambling site is trusted then I will not be afraid of putting my BTC on that gambling site, but for those who have online gambling site then I think it's a must. That's exactly what I have registered here before now because, anyone in the gambling industry can get license within a short Period of time and still engage in scam, so, i don't quite border around platforms licensed. But what I anxiously believed and always craved to check before gambling in any platform is it reputation. Those gambling platforms I have used before now are with good reputation and I enjoyed their usage.Title: Re: Gambling License Post by: FontSeli on October 29, 2020, 07:28:09 PM Sometimes the first glance at a gambling site makes you want to go to Google and search for the reputation of this casino. At the same time, some gambling and betting sites are so popular that I have heard about them far beyond the bitcoin forum. When I chose a site for the game, I didn't even look at whether it has any license) It is okay for me that you sometimes look for the license for your assurance. It is the thing that you may hold on if something gets fishy. So you will notice it easily if they will gonna run your funds. But if you did not leave any assets in your gambling site account maybe it is not needed so much. You never know what might happen whether you have assets on the site or not. Although the license doesn't guarantee you 100% security and scam free it's still some kind of recommendation. Personally I would feel more safe and protected and there are less chance that at the end you lose your funds or even have some troubles with law enforcement authorities. Can you distinguish a fake license on a gambling site from original license? I have never been interested in original licenses. I just know that most online casinos have a license from the island of Curacao. What does a original license look like, I don't know and you know? Title: Re: Gambling License Post by: Maslate on October 30, 2020, 12:11:07 PM Sometimes the first glance at a gambling site makes you want to go to Google and search for the reputation of this casino. At the same time, some gambling and betting sites are so popular that I have heard about them far beyond the bitcoin forum. When I chose a site for the game, I didn't even look at whether it has any license) It is okay for me that you sometimes look for the license for your assurance. It is the thing that you may hold on if something gets fishy. So you will notice it easily if they will gonna run your funds. But if you did not leave any assets in your gambling site account maybe it is not needed so much. You never know what might happen whether you have assets on the site or not. Although the license doesn't guarantee you 100% security and scam free it's still some kind of recommendation. Personally I would feel more safe and protected and there are less chance that at the end you lose your funds or even have some troubles with law enforcement authorities. Can you distinguish a fake license on a gambling site from original license? I have never been interested in original licenses. I just know that most online casinos have a license from the island of Curacao. What does a original license look like, I don't know and you know? A fake license is a license that does not exist, an original license is a license that can be verified, I don't know but maybe there are ways to verify the authenticity of license issued under the curacao gaming. Title: Re: Gambling License Post by: akram143 on October 30, 2020, 03:01:10 PM In my opinion most of the gamblers give more attention to the reputation of the gambling site which they wanted to play and also the fairness of their results but not much attention has been give to the license and regulation related stuffs because its nit the issue for a gambler, just government should be careful with such casino.
Title: Re: Gambling License Post by: Sanitough on October 31, 2020, 10:29:01 PM In my opinion most of the gamblers give more attention to the reputation of the gambling site which they wanted to play and also the fairness of their results but not much attention has been give to the license and regulation related stuffs because its nit the issue for a gambler, just government should be careful with such casino. There's no doubt about that but in the long run, though a site are well reputed in the space there are still people who hate them and will find a way to bring the site down, and one hole they will look into is the license, and if they find a site to have none of that, they might continue to create a buzz in the community convincing people that this site has no license and it's not safe to gamble. |