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Economy => Gambling discussion => Topic started by: RapTarX on December 25, 2022, 04:00:07 PM



Title: Licenses and Casino reputation
Post by: RapTarX on December 25, 2022, 04:00:07 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.


Title: Re: Licenses and Casino reputation
Post by: bittraffic on December 25, 2022, 04:11:14 PM

I guess you can sue the casino if you can prove you were scammed. However, most of these casinos are offshore and registered in Panama or somewhere like that.

In online casinos, it's often just to show the users that they are licensed to make them look legit. It helps the reputation and user's trust somehow but you know how costly it is to sue them.  Creating a scam report in bitcointalk is worth doing to ruin the casino's rep than suing a casino that you know you won't be seeing on the court.


Title: Re: Licenses and Casino reputation
Post by: Oshosondy on December 25, 2022, 04:16:11 PM
If you have a casino and it is licensed, it only means that the casino has been tested and meets the requirements to give a casino a license. A scam casino would most likely not be able to meet the requirements.

What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
What I know is that you should use a trustworthy casino. If a casino is not located in your country, the more the money that would be used to file a law suit against them.

What people are doing most are to post what the casino did on their social media and forums for people to avoid the casino.


Title: Re: Licenses and Casino reputation
Post by: harizen on December 25, 2022, 04:18:41 PM

Technically and in a much simple description, having a license is a necessary thing to make the business legal. Gambling site owners can't just operate in other countries or regions as that will be subject to legal jurisdiction. Having a license will somehow make it smooth.

how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

Not sure about this and I'm not aware, but just want to ask a question, is there a case already where a gambling site, specifically with a Curacao license, turned into a scammed site and just went off without any trace? If there is, I don't understand why these sites will apply for a license as even though it's easy to have a Curacao license, the requirements needed are personal documents of its owners and detailed information about their business, and these are strictly screened.

Scam gambling sites, as I see, won't bother to apply for any license.


Title: Re: Licenses and Casino reputation
Post by: ralle14 on December 25, 2022, 04:43:34 PM
The curacao license only makes them look good on paper and it's a way for them to avoid taking other complicated licenses, they're mainly for the convenience of the casinos.

For us gamblers, there's no benefit in playing in a licensed casino that's why most gamblers always look for feedback coming from the players, and whenever there's an issue that's always one-sided other gamblers try to look for alternatives to solving their case like for example reaching out to a mediator like AskGamblers.


Title: Re: Licenses and Casino reputation
Post by: cabron on December 25, 2022, 04:48:33 PM

Can't remember how much it was but I read it was less than $30K and then the casino can operate legally. Just mean that the casino is a company that is licensed and this makes people find the casino to be real. But I don't know if it will really help when a gambler faces issues with them.

Never thought decentralized casinos would need a license but some of them have a curacao license. Yes, even the dex needs to build thier business reputation.


Title: Re: Licenses and Casino reputation
Post by: Beparanf on December 25, 2022, 05:13:23 PM
Casino license bind casino on legal contract agreement which means users of that specific casino with license can now report the casino and have a chance to recover his money legally through license provider unlike before that casino operates pure anonymously and can run without a trace like a tons of scam casino before that steal huge funds and never face jail time.

Casino license makes user somehow feel safe because users know that casino is not anonymous and can’t run with there funds without a trace. License makes online casino legally operate on different country.


Title: Re: Licenses and Casino reputation
Post by: Queentoshi on December 25, 2022, 05:19:53 PM
The curacao license only makes them look good on paper and it's a way for them to avoid taking other complicated licenses, they're mainly for the convenience of the casinos.
I Know a Casino with a License looks more trustworthy, but I will trust better word of mouth recommendation and endorsement about the reputation of a casino than just knowing that they have a curacao license, or any other License. Casinos can change after they have obtained the licenses and that is why I will not take the fact that a casino is licensed to mean that they will not give me issues in the future. Nothing beats reading real reviews to know if a casino is good or not.


Title: Re: Licenses and Casino reputation
Post by: Daltonik on December 25, 2022, 05:35:11 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

The thing is that it is very difficult to check the license from curacao and some it is not possible to check at all whether it is legal or not, but in general you can read more about some of the curacao licenses here https://game-protect.com /, but again, this is only the opinion of the creators of the site.


Title: Re: Licenses and Casino reputation
Post by: Ludmilla_rose1995 on December 25, 2022, 06:03:46 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
that's why we are really helped by the existence of this forum,, especially for those who are really looking for references to the best and most trusted gambling sites with a good reputation. the curacao license has a major influence on a gambling site, without it, users who are used to gambling will not want to play on a gambling site even though they offer tempting bonuses.


Title: Re: Licenses and Casino reputation
Post by: darkangel11 on December 25, 2022, 06:07:01 PM
The license basically allows you to accept gamblers from certain countries without having to ask for permission in all those countries because they have an agreement with the country where you pay for license.

Curacao is a funny case because it allows you to accept players from all around the world, but not Curacao itself. So you get a gambling license from a country that allows you to operate only in other countries. :D The license costs around 20k EUR, so Curacao is happy to take your money and GTFO with your casino to another country.

Don't think a casino that is licensed can't scam you. It's just less likely to happen.


Title: Re: Licenses and Casino reputation
Post by: gantez on December 25, 2022, 06:10:32 PM

What does a curacao license do in reality & how it can benefit us as a gambler?


Casino that is regulated is controlled under the Curacao which see on the activities of the casino including if there is complain of scam or no payment of winning. Most gamblers like to gamble under licence casino because of protection of their money and it is better, it gives confidence to recover from the casino if they failed part of the license condition and regulations.


Title: Re: Licenses and Casino reputation
Post by: BitcoinAccepted on December 25, 2022, 06:19:03 PM
Much has been said and written about whether or not you have a gambling license. But with a gambling license you have no certainty that a casino has a stable reputation. Actually, it doesn't say much more. You should also not think that the licensing committee wants to represent the interests of the players. They are only there to fill their pockets and of course want as few problems as possible. It will still matter in which country you have a jurisdiction of a license, but ultimately players are responsible for playing and any losses incurred.


Title: Re: Licenses and Casino reputation
Post by: bitbollo on December 25, 2022, 06:30:04 PM
In general, I don't think that if a company that has a license is sure it can't scam.
It is useless to make a list of failed companies or companies that have scammed...
I think this is more or less a minimum basis, it indicates the willingness of a site to offer a minimum guarantee on its work.
Personally I avoid using sites that do not have a license, maybe if they have a good reputation built over time, they could get a little bit of trust...


Title: Re: Licenses and Casino reputation
Post by: Fivestar4everMVP on December 25, 2022, 06:42:54 PM
I think i remember mentioning something that relates to this topic in one of my comments yesterday, a license i think was supposed to act as a defense, defending gamblers against casinos and vice versa, that is, they are supposed to stand a the central authority the gambler could run to anytime the casino does anything funny that caused the gambler/user to lose money most especially when the casino on their own refuse to do nothing.
And also in extreme cases, the licensing authorities are supposed to be the number one to contact when anytime a casino closed down and makes away with customers funds, but we are seeing so far is the direct opposite, seems to me that the whole license thing is nothing but for show.


Title: Re: Licenses and Casino reputation
Post by: Findingnemo on December 25, 2022, 07:07:34 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

The actual reason why most casinos have Curacao license is because its relatively cheaper than others like Nevada. Based on the online data its cost about 20K to 25k Euros to get the license and later the annual fee once the business becomes operative.

Having license allows the jurisdiction to accept the gamblers and tax compliance just like every other business. In past license didn't get in the priority but now it becomes mandatory even for the startups.


Title: Re: Licenses and Casino reputation
Post by: pixie85 on December 25, 2022, 07:16:12 PM
The license basically allows you to accept gamblers from certain countries without having to ask for permission in all those countries because they have an agreement with the country where you pay for license.

Curacao is a funny case because it allows you to accept players from all around the world, but not Curacao itself. So you get a gambling license from a country that allows you to operate only in other countries. :D The license costs around 20k EUR, so Curacao is happy to take your money and GTFO with your casino to another country.

Don't think a casino that is licensed can't scam you. It's just less likely to happen.

I think the whole thing is to eliminate the lowest scams where someone would make a cheap site and scam people for a few thousand. Since they pay 20k and have to wait for approval they aren't going to steal 1k from you.

I agree that licenses aren't anything you can rely upon, but it shows some effort on the side of the casino. That can be an effort to run a legit business or a big scam.
I rarely look at that when I choose a place to play. Reviews and age of the business are more important.


Title: Re: Licenses and Casino reputation
Post by: BitDane on December 25, 2022, 07:27:56 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?

If conflict arise, there is an authority to mediate and decide which party is the right one.  It is easier to trace owner of casinos since their identity is submitted to the governing body.


What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

Playing in a licensed casino can ensure us of not being robbed.  Licensed casino will implement fair gameplay to comply with the regulation.  You can check the explanation in this article[1][2] why playing in a licensed online casino is important.  If ever a licensed casino gone rouge, we can always file a complaint to the authority and this authority will be responsible in processing the case and if the casino is proven guilty can revoke their license and either fine the casino or issue a cease and desist order.



[1] https://savedelete.com/internet-tips/what-are-the-benefits-of-licensed-casinos/423482/
[2] https://outragemag.com/gambling-at-legal-online-casinos-has-its-advantages-and-importance/


Title: Re: Licenses and Casino reputation
Post by: Renampun on December 25, 2022, 07:56:28 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

I don't know if you have read this, but this article clearly states the benefits and convenience that we (gambling business companies and also gambling players) can get when playing at online casinos that join the Curacao license.

[] https://www.yogonet.com/international/news/2022/11/15/65023-benefits-of-a-curacao-license-for-gambling-companies-in-2022

Don't think a casino that is licensed can't scam you. It's just less likely to happen.

yep, this can happen at any time without anyone predicting it, but if you keep on instilling fear like this then it's impossible for me to play gambling. you must decide on which gambling site you risk your money, on because choosing carelessly an gambling site will only make you lose in the future (especially gambling sites that have just appeared).


Title: Re: Licenses and Casino reputation
Post by: blockman on December 25, 2022, 08:21:40 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.


Title: Re: Licenses and Casino reputation
Post by: Ojima-ojo on December 25, 2022, 08:34:18 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.
Boss i pay less attention to cassino's license because, licensing does not eliminate the chances of getting scammed out fhe ceo making an exit scam in players, and just like i have observed and discovered, license is nothinf to favor the players.

But the casino have everything to benefit from Licensing because that is what give them the right of operation and the certificate of operation helps them to get legal standing and right.


Title: Re: Licenses and Casino reputation
Post by: blockman on December 25, 2022, 08:41:55 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.
Boss i pay less attention to cassino's license because, licensing does not eliminate the chances of getting scammed out fhe ceo making an exit scam in players, and just like i have observed and discovered, license is nothinf to favor the players.

But the casino have everything to benefit from Licensing because that is what give them the right of operation and the certificate of operation helps them to get legal standing and right.
You're right, I've just said that even there's a license, they're not exempted from scamming people. Because there are gamblers that have a standard only to believe in a casino if there's a license.
But they shouldn't just limit themselves into it because whether a casino has or doesn't have a license, you still need to be aware of that possibility specially if it's a new or random casino that doesn't have a reputation yet.


Title: Re: Licenses and Casino reputation
Post by: Oshosondy on December 25, 2022, 08:44:37 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
It is better to follow a trustworthy casinos, I have some trustworthy ones that I do follow. Or going for a better one on this forum, there has been many new trustworthy casinos and other gambling sites on this forum, but you will know how good they would be when they start, especially through signature campaign. Example is livecasino that started this year, it was clear that they are going to be a good casino and not a surprise anymore when the casino has been a good online casino.

The truth is that to obtain a license is not easy, but that should not be the only the criteria to choose a gambling site, you should make further research about the casino, especially of the customers that have complained on social media, forums and rating sites about the gambling site, how the issues are solved and if it is worth it to trust and use the gambling site.

Like me, the first thing I do check about gambling site is their license, if not having a license, I am not using.


Title: Re: Licenses and Casino reputation
Post by: goaldigger on December 25, 2022, 09:05:08 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.
If they have a legit license then you can easily sue them since you have their information submitted to Curacao so they can get the license. Many gamblers prefer to gamble on a licensed site for the security purposes but of course that doesn’t guarantee that a site will be goo always, sometimes they will experience some issues as well but as long as they continue to solve it, that site can still be good just don’t put too much money on any site if you are not confident about it.


Title: Re: Licenses and Casino reputation
Post by: AmoreJaz on December 25, 2022, 09:09:51 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
It is better to follow a trustworthy casinos, I have some trustworthy ones that I do follow. Or going for a better one on this forum, there has been many new trustworthy casinos and other gambling sites on this forum, but you will know how good they would be when they start, especially through signature campaign. Example is livecasino that started this year, it was clear that they are going to be a good casino and not a surprise anymore when the casino has been a good online casino.

The truth is that to obtain a license is not easy, but that should not be the only the criteria to choose a gambling site, you should make further research about the casino, especially of the customers that have complained on social media, forums and rating sites about the gambling site, how the issues are solved and if it is worth it to trust and use the gambling site.

Like me, the first thing I do check about gambling site is their license, if not having a license, I am not using.

gambling license is not the only important factor why you are choosing a casino to play with. but having a license gives the player a bit of peace that the casino is not a fly-by-night casino. because if the casino has taken the step to get their business licensed, it means, they are serious running their business. but we all know that it is not only the license that we need to look out when playing on their site. a much better way is to search if they have existing complaints or issues and reading the validity of those complaints. feedbacks from other players would also help you gauge the status of the casino.


Title: Re: Licenses and Casino reputation
Post by: crzy on December 25, 2022, 09:19:15 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.
Having a licensed is not a guaranteed safe site, there are still some site before that ended up a scam site even if they have the license either its a fake license or they failed at all. Curacao license seems to be the easiest license to get and that’s why most of the site have the same license to operate. Don’t know if they monitor every site under their license but I hope they can held them liable if something bad happened to the site.


Title: Re: Licenses and Casino reputation
Post by: Viscore on December 25, 2022, 09:24:22 PM
The curacao license only makes them look good on paper and it's a way for them to avoid taking other complicated licenses, they're mainly for the convenience of the casinos.

For us gamblers, there's no benefit in playing in a licensed casino that's why most gamblers always look for feedback coming from the players, and whenever there's an issue that's always one-sided other gamblers try to look for alternatives to solving their case like for example reaching out to a mediator like AskGamblers.
Having a curacao license is the most sensible choice. But definitely, the benefits are mostly on the casino side. However, seeing casinos with license is just one thing only to consider when gambling, but the very important thing we always look up and consider is the feedbacks and reviews that are not totally paid. Casinos which are responsible not only for their own benefits, but mainly for the gamblers. And those reviews are very helpful for gamblers because it will help them to decide whether to gamble or not to gamble with this particular site.


Title: Re: Licenses and Casino reputation
Post by: blockman on December 25, 2022, 09:51:51 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
It is better to follow a trustworthy casinos, I have some trustworthy ones that I do follow. Or going for a better one on this forum, there has been many new trustworthy casinos and other gambling sites on this forum, but you will know how good they would be when they start, especially through signature campaign. Example is livecasino that started this year, it was clear that they are going to be a good casino and not a surprise anymore when the casino has been a good online casino.

The truth is that to obtain a license is not easy, but that should not be the only the criteria to choose a gambling site, you should make further research about the casino, especially of the customers that have complained on social media, forums and rating sites about the gambling site, how the issues are solved and if it is worth it to trust and use the gambling site.

Like me, the first thing I do check about gambling site is their license, if not having a license, I am not using.
Yeah, even I, I'll also follow the reputable and trustworthy casino. They are for sure licensed and at the same time has already been known and built for it.
The trust from the community is important but you'll also see that these reputable casinos are compliant to the rules that they're following.

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.
If they have a legit license then you can easily sue them since you have their information submitted to Curacao so they can get the license. Many gamblers prefer to gamble on a licensed site for the security purposes but of course that doesn’t guarantee that a site will be goo always, sometimes they will experience some issues as well but as long as they continue to solve it, that site can still be good just don’t put too much money on any site if you are not confident about it.
There's this secured feeling that a gambler is in for a casino that has a license or registered locally. That's what most gamblers want but there are also gamblers that are okay to try what they want to play and that's it. It's like for testing and thrill.

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.
Having a licensed is not a guaranteed safe site, there are still some site before that ended up a scam site even if they have the license either its a fake license or they failed at all. Curacao license seems to be the easiest license to get and that’s why most of the site have the same license to operate. Don’t know if they monitor every site under their license but I hope they can held them liable if something bad happened to the site.
It is what I'm telling.
The scammers and those that have no-good intentions can apply for that and make their casino legitimate and good just for the attraction and then they'll reveal the real them afterwards.


Title: Re: Licenses and Casino reputation
Post by: Slow death on December 25, 2022, 10:32:45 PM
Scam gambling sites, as I see, won't bother to apply for any license.

there are many scam casinos that have a license, I do not understand how these guys from the government of curacao work but from what I see the casinos do not put the real names of their owners when dealing with a license, maybe what they put is the name of a company that is in that country where they are easy to create a company without having too much bureaucracy, because when a scammer creates a casino and days later he steals money from all customers he is not afraid that people will report him in curacao so that means that the scammers know very well that in curacao there is no data on it

let's see an example of hyip/ponzi sites, they all have a uk license, so I think that casinos also have this type of license similar to what hyip site scammers can have in the uk, if we had some guy who has already run one casino and have a license in curacao could you better explain the whole process to have a license in curacao


Title: Re: Licenses and Casino reputation
Post by: drwhobox on December 25, 2022, 10:36:42 PM
Simply put, a license is essential to running a legitimate business. A valid license will undoubtedly make the process of running a gambling website easier.
Curacao gambling license is open to everyone. Taxes are minimal, licensing is quick, and licenses are cheap. Gamblers who play online casinos are not safe with that license. If a casino wants to scam its customer, it can do so with or without a license.

The curacao license only makes them look good on paper and it's a way for them to avoid taking other complicated licenses, they're mainly for the convenience of the casinos.

Yes, it is. They don't serve any real purpose for players or customers of casinos.


Title: Re: Licenses and Casino reputation
Post by: bitcampaign on December 25, 2022, 10:49:24 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
For me, seeing the license is the order that is not the most prioritized, usually I prefer to choose a casino that is full of gamblers so it's easier to get a jackpot or win, because a lot of money circulating in a casino will make it easier to win compared to playing in a casino that looks empty of gamblers


Title: Re: Licenses and Casino reputation
Post by: coin-investor on December 25, 2022, 11:18:36 PM

What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino;
Licenses are proof that they passed the criteria to operate as a casino they submitted their basic info and their capability to operate, but when it comes to helping gamblers with its issue if it's only a few hundred or thousands these licenses are useless

Quote
especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
There's nothing more like creating a scam report with all your proofs attach and if the casino operator can't address the issue then their reputation is tarnished and will be a reference on how the casino address issues.


Title: Re: Licenses and Casino reputation
Post by: Scripture on December 25, 2022, 11:52:53 PM
Tbh I doubt Curacao lisenced gambling platforms will take care of users in case of something happens, they simply make everything formal like pay and get your lisence. Easy as it sounds, check Reddit gambling pages and they will tell you same thing since it is all about money and you can't sue company if something goes wrong.  It is completely different case for Malta lisenced casinos, they have strictly regulated so they have to follow guidelines for every user. Comparison is useless at this point, Curacao can't be choice if you look for lisenced casino.
If they are just into the money, then that license should be invalidated right away.
Having that license means the government is in control and they regulate those casinos, so if they cannot give any assurance for the gamblers then that license is useless at all. Most of the casinos have their own Curacao license, probably its the prefer of many site.


Title: Re: Licenses and Casino reputation
Post by: uneng on December 26, 2022, 12:30:22 AM
Tbh I doubt Curacao lisenced gambling platforms will take care of users in case of something happens, they simply make everything formal like pay and get your lisence. Easy as it sounds, check Reddit gambling pages and they will tell you same thing since it is all about money and you can't sue company if something goes wrong.  It is completely different case for Malta lisenced casinos, they have strictly regulated so they have to follow guidelines for every user. Comparison is useless at this point, Curacao can't be choice if you look for lisenced casino.
It's true. We can find different specialists and gamblers on the internet saying Curacao's license doesn't include their participation in disputes between the casinos and gamblers, in case the casino refuses to pay or takes too long to pay. That is why some countries don't allow their citizens to play at Curacao licensed casinos, such as USA, UK, Germany and Netherlands.

Curacao license is great for casinos' entrepreneurs to start their businesses, since it gives them complete advantages, like low costs plus fees and fast acquisition. But for gamblers there aren't advantages, as far as I know.


Title: Re: Licenses and Casino reputation
Post by: danherbias07 on December 26, 2022, 01:22:05 AM
Licenses are like business permits, which means they do exist and will be punishable by law if ever they tried to scam anyone or are proven guilty of not paying up whatever is supposed to be paid.
Depends on where their headquarters is and how the law works there. I don't think they will give out licenses to those who just exist on the internet with no headquarters for they could vanish in thin air. One popular example is the Binance issue before.
Reputation on the other hand is something different, it's something that must be earned.


Title: Re: Licenses and Casino reputation
Post by: Wexnident on December 26, 2022, 05:08:51 AM
The Curacao license is afaik the easiest license an online gambling casino can get, which means scammy casinos can also get their hands on it rather easily. Not to say that it doesn't have its own rep, it at the very least gives a bit more (like seriously, a little bit) in terms of reputation compared to non-licensed ones. I've played in some of them, but I played because of the rep of the casino itself, and not the rep that the license brought to it, so I suggest you do the same if you were looking out for Curacao-licensed casinos.

Not that I know much about other types of licenses though. I've mostly only seen (or searched) about Curacao after all.


Title: Re: Licenses and Casino reputation
Post by: Don Pedro Dinero on December 26, 2022, 06:00:21 AM
I will bring here a quote from another thread that I think is relevant:

See freebitco.in they don't deal with FIAT or stable coins and they don't do any KYC. They don't have any licenses too.

It is that simple to get rid of KYC:

Do no license

Do no FIAT

There are more and more licensed casinos, mostly from Curaçao, and more and more KYC, at least theoretically as stated in the ToS.

But for many years casinos operated well without licences and KYC. I understand that the trend in the industry has been more due to international pressures than something done willingly.

Reputation on the other hand is something different, it's something that must be earned.

This. For the reputation of a casino, I rely more on what I see commented on this forum than on a Curaçao licence, because it is no guarantee of good operation.



Title: Re: Licenses and Casino reputation
Post by: knowngunman on December 26, 2022, 06:15:27 AM
License is just a paper that proves a company is well recognized and can operate. It does not guarantee any form of legitimacy. A company can pay money to be licensed and still scam its customers and nothing will happen and the organization that grants them license can not be hold responsible but they can only seize their license. Suing such companies is just a waste of resources considering the money and times you'll spend in the process.


Title: Re: Licenses and Casino reputation
Post by: _act_ on December 26, 2022, 06:51:38 AM
License is just a paper that proves a company is well recognized and can operate. It does not guarantee any form of legitimacy.
Having a license still helps gamblers to know that a gambling site may not be a scam gambling site, unlike a gambling site that has just opened and not having a license. Having a license is one if the means you will know if to learn more about a gambling site to know if to use it or not. The money used to obtain a license is not small at all and scammers will not be able to risk it to obtain a license.

A company can pay money to be licensed and still scam its customers and nothing will happen and the organization that grants them license can not be hold responsible but they can only seize their license. Suing such companies is just a waste of resources considering the money and times you'll spend in the process.
I have not experienced this before, but just that some users can also can even do not follow a gambling site terms of service and accuse the gambling site of scam.


Title: Re: Licenses and Casino reputation
Post by: Fundamentals Of on December 26, 2022, 06:54:24 AM
Most crypto casinos are licensed in Curacao because of the simple reason that it is easy and cheap to secure one from there. Many would say that a Curacao license does not amount to a guarantee that a casino would be operating fairly and properly, but I think that's better than no license at all. So it is still better to confirm if they really have a license.

But in case you get robbed by a casino registered in Curacao and you're playing from somewhere far away, would you really be starting a formal complaint against the casino with Curacao authorities? And if you do, would you expect the gambling authorities in Curacao to really run after the casino? I doubt it.


Title: Re: Licenses and Casino reputation
Post by: Kakmakr on December 26, 2022, 07:20:39 AM
I have not seen or heard about any individual complaint that has been resolved by the intervention of the license authorities. I even doubt if they get involved in those issues. I once saw the curacao license disabled on the Stake.com site, when they ran a weekly lottery.... but Stake took them on and explained that it was not a Lottery... where people bought tickets, but rather a Giveaway...where people earned tickets.

The Stake license was enabled again... and Stake.com grew to one of the biggest Online casinos on the Internet. So good luck, if you have individual problems with a casino.  ::)


Title: Re: Licenses and Casino reputation
Post by: ethereumhunter on December 26, 2022, 07:47:59 AM
Tbh I doubt Curacao lisenced gambling platforms will take care of users in case of something happens, they simply make everything formal like pay and get your lisence. Easy as it sounds, check Reddit gambling pages and they will tell you same thing since it is all about money and you can't sue company if something goes wrong.  It is completely different case for Malta lisenced casinos, they have strictly regulated so they have to follow guidelines for every user. Comparison is useless at this point, Curacao can't be choice if you look for lisenced casino.
Having a license will at least make the casino look legal and won't get into trouble with regulators and this can give confidence to its users that if they do get into trouble, they can complain to the regulator. But that doesn't seem to be the case because if the license is just a formality and can be bought with money, it won't work very well and even if there is one problem, the regulators won't be able to pay special attention to solving that problem either. Licensed casinos do not guarantee they will not commit fraud but at least it can provide a sense of security to their users that the casino will not do anything to them.


Title: Re: Licenses and Casino reputation
Post by: Alisha-k on December 26, 2022, 07:57:03 AM
Licenses in Casinos just work exactly the same way other companies License works which means there are rules governing the issuance of those Licenses and if there are any misbehaviours those licenses can be withdrawn by the issuing company. I think Curacao is the most popular for gambling sites.


Title: Re: Licenses and Casino reputation
Post by: salad daging on December 26, 2022, 08:06:45 AM
Most crypto casinos are licensed in Curacao because of the simple reason that it is easy and cheap to secure one from there. Many would say that a Curacao license does not amount to a guarantee that a casino would be operating fairly and properly, but I think that's better than no license at all. So it is still better to confirm if they really have a license.
That it has become a casino's compliance to operate because there has been a license permit from Curacao as a place that provides it for casinos, this is quite important, in fact, even though from some parts there are those who say this is not useful enough.
It's just that the casino is legal even though it pays cheaply for the license, the important thing is they have got the legality.

But in case you get robbed by a casino registered in Curacao and you're playing from somewhere far away, would you really be starting a formal complaint against the casino with Curacao authorities? And if you do, would you expect the gambling authorities in Curacao to really run after the casino? I doubt it.
We are still in doubt whether if we are really robbed by the casino, we will continue to submit complaints to Curacao, they will be followed up or it is not, clear this will cost a lot of money, especially since we are in a remote place, for sure the licensing authority will try to collect all the evidence before action is continued. But still I also doubt about this.


Title: Re: Licenses and Casino reputation
Post by: joeperry on December 26, 2022, 08:27:30 AM
I don't know that much about license but the benefit in having a licensed gambling site is that you know that they are operating legally and the chance of running away is a little bit low as you can track and report them to authorities.

Personally I feel comfortable playing on a gambling site that has gambling license but not all gambling site that has license are legitimate, some of them turning out to be a scam so it doesn't mean that it is safe haven for gambling players.


Title: Re: Licenses and Casino reputation
Post by: Strongkored on December 26, 2022, 08:51:39 AM
Casino licenses are only beneficial for the casino itself because it will make their business look trusted because of course when trying to get a license there are things that must be fulfilled to get it even though buying a license is not free, but there are no benefits for players, players only feel more comfortable but can I avoid scammed I don't think so.


Title: Re: Licenses and Casino reputation
Post by: Apocollapse on December 26, 2022, 08:54:27 AM
Although casino has a license doesn't mean it's trusted, but most people think if a casino can get a license, it mean the casino is professional, willing to spend their money and reduce the chance to become scam casino. While Curacao license doesn't have any benefit at all when the casino is scam their users because it's already written in their terms and rules. Scam or legitimate of the casino is depends on the casino, not the license.


Title: Re: Licenses and Casino reputation
Post by: klidex on December 26, 2022, 09:00:24 AM
Tbh I doubt Curacao lisenced gambling platforms will take care of users in case of something happens, they simply make everything formal like pay and get your lisence. Easy as it sounds, check Reddit gambling pages and they will tell you same thing since it is all about money and you can't sue company if something goes wrong.  It is completely different case for Malta lisenced casinos, they have strictly regulated so they have to follow guidelines for every user. Comparison is useless at this point, Curacao can't be choice if you look for lisenced casino.
It's true. We can find different specialists and gamblers on the internet saying Curacao's license doesn't include their participation in disputes between the casinos and gamblers, in case the casino refuses to pay or takes too long to pay. That is why some countries don't allow their citizens to play at Curacao licensed casinos, such as USA, UK, Germany and Netherlands.

Curacao license is great for casinos' entrepreneurs to start their businesses, since it gives them complete advantages, like low costs plus fees and fast acquisition. But for gamblers there aren't advantages, as far as I know.
It seems that countries such as the US, UK, GERMANY and THE NETHERLANDS have prohibited their citizens from playing gambling at licensed casinos in Curacao because according to the government of that country the casinos do not provide more profit than the tax yields provided.
However, a country really needs a state income budget, one of which is from taxes given by certain business owners such as casinos.
The casino itself is a very profitable business and can generate fantastic amounts of money.
So do not be surprised if a country asks for quite large taxes on casinos whose business base is included in their country.


Title: Re: Licenses and Casino reputation
Post by: swogerino on December 26, 2022, 09:03:30 AM
Although casino has a license doesn't mean it's trusted, but most people think if a casino can get a license, it mean the casino is professional, willing to spend their money and reduce the chance to become scam casino. While Curacao license doesn't have any benefit at all when the casino is scam their users because it's already written in their terms and rules. Scam or legitimate of the casino is depends on the casino, not the license.

Exactly,the licenses do not decide if a casino is legit or not,in fact mos of the scam casinos have had a license from Curacao and they have scammed people,with this I don't want to say that the Curacao license does not work,it is only that it does not protect the scammed people.

For this reason I have said many times here that the best people can do is to read the ANN threads of different casinos we have here and only play in those who have their ANN threads full of positive comments and reviews and that are running by many years.


Title: Re: Licenses and Casino reputation
Post by: robelneo on December 26, 2022, 09:07:18 AM

What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

I have seen a lot of complaints about casinos with licenses but we have not read they are being penalized for those accusations even if the accusers have proof, you have to bring the case to their attention and file an official complaint before they can take action, they will not take action on something that is just posted online, they will have to do their own investigation and this is very costly on the part of the accuser.
So its really useless if you got robbed or scammed you will spend huge money to get the license taken down, whereas it's free to post accusations here and if proven by the community that the accuser is treated unfairly then the community can tag the casino and it can harm the supports coming from the gambling community.



Title: Re: Licenses and Casino reputation
Post by: SquallLeonhart on December 26, 2022, 06:25:31 PM
Tbh I doubt Curacao lisenced gambling platforms will take care of users in case of something happens, they simply make everything formal like pay and get your lisence. Easy as it sounds, check Reddit gambling pages and they will tell you same thing since it is all about money and you can't sue company if something goes wrong.  It is completely different case for Malta lisenced casinos, they have strictly regulated so they have to follow guidelines for every user. Comparison is useless at this point, Curacao can't be choice if you look for lisenced casino.
Having a license will at least make the casino look legal and won't get into trouble with regulators and this can give confidence to its users that if they do get into trouble, they can complain to the regulator. But that doesn't seem to be the case because if the license is just a formality and can be bought with money, it won't work very well and even if there is one problem, the regulators won't be able to pay special attention to solving that problem either. Licensed casinos do not guarantee they will not commit fraud but at least it can provide a sense of security to their users that the casino will not do anything to them.
"Make it look legal" is the keyword here that bothers me the most. We have seen so many companies that had curacao license and then went ahead and scammed people anyway without getting jailed. You know what happens to casinos with curacao license and scams others?

They lose their curacao license and have courts against them there, so you could be living in Thailand or Nigeria or berlin whatever, and scam people with curacao license and nothing will happen to you at all unless it hits the courts at where you live which is very very rare chance because you could make it illegal to play at the same place, so people who could ever sue you, can't because it was illegal for them to play there as well, hence anyone who sues you will be jailed back themselves.


Title: Re: Licenses and Casino reputation
Post by: qwertyup23 on December 26, 2022, 06:45:25 PM

I guess you can sue the casino if you can prove you were scammed. However, most of these casinos are offshore and registered in Panama or somewhere like that.

In online casinos, it's often just to show the users that they are licensed to make them look legit. It helps the reputation and user's trust somehow but you know how costly it is to sue them.  Creating a scam report in bitcointalk is worth doing to ruin the casino's rep than suing a casino that you know you won't be seeing on the court.

I agree with your statement.

The problem with suing an online gambling website is the platform on how you would be able to sue them. Suing an international entity requires both resources and time, which are very costly on your part, unless the amount scammed is relatively huge. If you have issues with a certain gambling website, try to first reach out if they have a respective representative in this forum. If it proves futile, then feel free to drop a scam accusation + substantial evidence in order to alert users about their schemes.


Title: Re: Licenses and Casino reputation
Post by: $crypto$ on December 26, 2022, 06:56:39 PM
Although casino has a license doesn't mean it's trusted, but most people think if a casino can get a license, it mean the casino is professional, willing to spend their money and reduce the chance to become scam casino. While Curacao license doesn't have any benefit at all when the casino is scam their users because it's already written in their terms and rules. Scam or legitimate of the casino is depends on the casino, not the license.
This is not entirely to be trusted, it's just that with a license, it means that their casino has been registered with the party that provides it, and that's not entirely to say professionals, but they just run as other casinos run with this license.
There have been many casinos that have been licensed but have cheated their customers because they are not professionals so the license should not be an exaggerated reference, so the most important thing is to see reputation or some positive feedback to see a professional casino.


Title: Re: Licenses and Casino reputation
Post by: tabas on December 26, 2022, 08:09:01 PM
I have not seen or heard about any individual complaint that has been resolved by the intervention of the license authorities. I even doubt if they get involved in those issues. I once saw the curacao license disabled on the Stake.com site, when they ran a weekly lottery.... but Stake took them on and explained that it was not a Lottery... where people bought tickets, but rather a Giveaway...where people earned tickets.

The Stake license was enabled again... and Stake.com grew to one of the biggest Online casinos on the Internet. So good luck, if you have individual problems with a casino.  ::)
The same thing, I haven't saw it. It's because if there's a problem from an specific casino, they have to resolve it as quick as they can. Even if it goes to the authorities where they've taken the license, it's very minimal that they'll also step in just to solve that problem from a complainant.
It's better to have it insured that you're just gambling somewhere you fully trust and you have to make it to yourself that they're trustworthy and running legally with some papers provided on it if ever you're too sensitive with such requirements.


Title: Re: Licenses and Casino reputation
Post by: tjtonmoy on December 26, 2022, 08:39:58 PM
If you have an issue with a casino, let's say you got scammed or robbed, you can try to resolve the issue with the casino directly. If that is not successful, you may want to consider reaching out to the regulatory body that issued the license for the platform.
Different regulatory bodies have different processes for handling complaints and may be able to assist you in resolving the issue.
It's a good idea to look for platforms that are licensed by one of these regulatory bodies, who will offer a higher level of protection for you.


Title: Re: Licenses and Casino reputation
Post by: Lanatsa on December 26, 2022, 08:43:33 PM
If you have an issue with a casino, let's say you got scammed or robbed, you can try to resolve the issue with the casino directly. If that is not successful, you may want to consider reaching out to the regulatory body that issued the license for the platform.
Different regulatory bodies have different processes for handling complaints and may be able to assist you in resolving the issue.
It's a good idea to look for platforms that are licensed by one of these regulatory bodies, who will offer a higher level of protection for you.
When you do face up some issue then it would really be normal that you would be reaching out on the team or reaching out their support first and telling your problem or issue towards the site.If you have received

and non so convincing reasoning or explanation then this is where people do mostly make out some threads about complaints specially into this forum as long it is really pertaining to a casino site or platform
then they wont really be having doubts on making one because if its already making up some noise on this place then pretty sure that they would really be acting more faster.
Known casinos cant really just afford on making their reputation and credibility would be stained out.


Title: Re: Licenses and Casino reputation
Post by: fullhdpixel on December 26, 2022, 08:49:01 PM
Licenses are like business permits, which means they do exist and will be punishable by law if ever they tried to scam anyone or are proven guilty of not paying up whatever is supposed to be paid.
Depends on where their headquarters is and how the law works there. I don't think they will give out licenses to those who just exist on the internet with no headquarters for they could vanish in thin air. One popular example is the Binance issue before.
Reputation on the other hand is something different, it's something that must be earned.
If the casino is offline, they may need a business permit so that they will look more legal but if it's online then I think it wasn't really mandatory since the majority of the casinos lying around here didn't have that and yet they are still functional.

Not all of them are scams but the potential for a casino to turn into a scam is much higher because they know that they can escape easily but I think anyone can obtain a gambling license even if they don't have a headquarters or branch in the real world. There are lots of license issuer so if some of them are strict and needs it as one of their requirement then the casino can proceed with the other.


Title: Re: Licenses and Casino reputation
Post by: serjent05 on December 26, 2022, 09:48:38 PM
Casino licenses are only beneficial for the casino itself because it will make their business look trusted because of course when trying to get a license there are things that must be fulfilled to get it even though buying a license is not free, but there are no benefits for players, players only feel more comfortable but can I avoid scammed I don't think so.

It is beneficial for both parties, the player and the owner.  The benefit for a player is having a fully audited game for fair gameplay.  There is also a supporting authority if a player happens to become a victim of casino power-tripping.  And that being comfortable is a benefit enough for a player.  Playing games with peace of mind can make us enjoy our gameplay at its full.

Licenses are like business permits, which means they do exist and will be punishable by law if ever they tried to scam anyone or are proven guilty of not paying up whatever is supposed to be paid.
Depends on where their headquarters is and how the law works there. I don't think they will give out licenses to those who just exist on the internet with no headquarters for they could vanish in thin air. One popular example is the Binance issue before.
Reputation on the other hand is something different, it's something that must be earned.
If the casino is offline, they may need a business permit so that they will look more legal but if it's online then I think it wasn't really mandatory since the majority of the casinos lying around here didn't have that and yet they are still functional.

Not all of them are scams but the potential for a casino to turn into a scam is much higher because they know that they can escape easily but I think anyone can obtain a gambling license even if they don't have a headquarters or branch in the real world. There are lots of license issuer so if some of them are strict and needs it as one of their requirement then the casino can proceed with the other.

Both online and offline casino needs license to operate.  They will be labeled illegal if they do not have a license and still operates and may later get shutdown if the authority goes after these unlicensed casinos.


Title: Re: Licenses and Casino reputation
Post by: Russlenat on December 26, 2022, 09:59:12 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.
If they have a legit license then you can easily sue them since you have their information submitted to Curacao so they can get the license. Many gamblers prefer to gamble on a licensed site for the security purposes but of course that doesn’t guarantee that a site will be goo always, sometimes they will experience some issues as well but as long as they continue to solve it, that site can still be good just don’t put too much money on any site if you are not confident about it.
You have a point. Not all licensed casinos are going to be honest in all they do, there are still some hidden agendas in some of those that are used to take advantage of the gamblers. That is why regardless of those casinos  are licensed or not, legit or fake, gamblers should always take the utmost care and protection they need to do to their funds. And that is to gamble only on the amount they can afford to lose, and never go all in betting as it’s always take bigger risks especially if you do it in a not secured casinos.


Title: Re: Licenses and Casino reputation
Post by: Saisher on December 26, 2022, 10:11:32 PM


Both online and offline casino needs license to operate.  They will be labeled illegal if they do not have a license and still operates and may later get shutdown if the authority goes after these unlicensed casinos.

That's true it's a necessary precaution for the casinos and to gain the trust of the gambling community, you have to spend money to acquire these licenses and they will ask for requirements, so if ever there is a huge issue with the casino all their information can be extracted by the authorities on where they got their license, but on reports of scamming their players you have to bring them to their attention they will not rely on hearsay but it's costly to do that, so creating reports here and other platforms is one of the best options for players to get back on the casino and sometimes it works.


Title: Re: Licenses and Casino reputation
Post by: AmoreJaz on December 26, 2022, 10:12:53 PM
Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.
If they have a legit license then you can easily sue them since you have their information submitted to Curacao so they can get the license. Many gamblers prefer to gamble on a licensed site for the security purposes but of course that doesn’t guarantee that a site will be goo always, sometimes they will experience some issues as well but as long as they continue to solve it, that site can still be good just don’t put too much money on any site if you are not confident about it.
You have a point. Not all licensed casinos are going to be honest in all they do, there are still some hidden agendas in some of those that are used to take advantage of the gamblers. That is why regardless of those casinos  are licensed or not, legit or fake, gamblers should always take the utmost care and protection they need to do to their funds. And that is to gamble only on the amount they can afford to lose, and never go all in betting as it’s always take bigger risks especially if you do it in a not secured casinos.

as we can see here, a gambling license won't stop the casino to screw their players, like not releasing their winnings for some reasons or suspending their account. but with license, some are having their peace of mind to play on these casinos rather than a new casino without any license at all. the reality is it is still hard to chase a casino with a license, even if you say, you have valid winnings to claim from the site. we know, very rare that someone will sue them on court just to get their winnings. because it is not worth spending your money to such cases in court. so the license itself is not the ultimate determining factor whether you will play or not on the site, much better if you will check the reputation itself in the community.


Title: Re: Licenses and Casino reputation
Post by: aioc on December 26, 2022, 10:30:21 PM
What does a curacao license do in reality & how it can benefit us as a gambler?
It only benefits the casino operators because they can show that they are compliant, but for us gamblers, its useless and worthless they can't do anything and they don't care, I have not yet seen a single case resolved by the Curacao commission not yet.


Quote
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
I have never seen any issues by gamblers where all these gambling license issuers interfered in behalf of the gamblers, its totally waste of time bringing the case to them because it will cost you a lot more than what you've loss in gambling, so to avoid this only choose a casino that has a good reputation, ad in case you face an issue gather all your evidence and post it all here so other gamblers will know and they will lose more players because of this.


Title: Re: Licenses and Casino reputation
Post by: Slow death on December 26, 2022, 10:46:20 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
For me, seeing the license is the order that is not the most prioritized, usually I prefer to choose a casino that is full of gamblers so it's easier to get a jackpot or win, because a lot of money circulating in a casino will make it easier to win compared to playing in a casino that looks empty of gamblers

there's no point in winning the jackpot in a casino scam that doesn't pay the winner or the people, the most important part when choosing a casino is looking at the casino's reputation and we have to look at what time the casino started operating and what it was like the casino's reputation from its creation to the present day, then we have to look at the question of who owns the casino and how this casino is behaving in the real world, when I speak of the real world I am referring to whether the casino has sponsored something from the real world, something like sponsoring a team or a famous singer

this makes it easy for people to be calm because a casino that sponsors a famous singer or team from a famous place is unlikely to scam people because they fear serious consequences and also if the casino sponsors a big team or famous singer it means that the owner of the casino had to show his face, this facilitates that if one day the casino steals money from people the customers when they report the casino to the police, then the owner of the casino will be found and arrested


Title: Re: Licenses and Casino reputation
Post by: seoincorporation on December 26, 2022, 10:50:19 PM
It's simple, the casinos with licenses need to prove they have the bankroll and the right infrastructure to run the casino, they are businesses with the right registration and documentation, and since they are professional businesses they can get the license.

The casinos without a license must be trusted by their probably fair engine and the trust of the operators because they can run at any moment with the mone or just say they got hacked and all our money will be gone.


Title: Re: Licenses and Casino reputation
Post by: harizen on December 26, 2022, 11:11:29 PM

Besides, why think that a licensed provider can be useful during the time when users are being fuc*ed up by these casinos even with a license?

In order to at least minimized being shi*tted by these online casinos, just play at those casinos that already earned being reputable in the industry.

But honestly, complaints and issues are sometimes because of the user's fault.


Title: Re: Licenses and Casino reputation
Post by: goinmerry on December 26, 2022, 11:56:31 PM
Don't take a license as just a paper as the fact that a casino is able to get the license, means they are able to pass those classifications and they are fully shown to have the capability to run a casino. It's good that they are being screened before operation instead of us playing in a casino that's popped out of nowhere.

Don't expect though that they will help us with complaints. For that, it requires another action and it depends on the issue and complaints.


Title: Re: Licenses and Casino reputation
Post by: wxa7115 on December 27, 2022, 01:04:43 AM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
A casino with a license does not really mean much for the gambler as there have been many licensed casinos that scammed their customers anyway.

So the more important factor in which you should concentrate is on the reviews the casino has and how legitimate those reviews really are, besides the country of the license a casino may have does not indicate much either, this only tells you that country probably has friendly regulations for casinos and low taxes as well, and neither of those two factors have too much of an effect when it comes to gamblers.


Title: Re: Licenses and Casino reputation
Post by: traderethereum on December 27, 2022, 06:52:24 AM

Besides, why think that a licensed provider can be useful during the time when users are being fuc*ed up by these casinos even with a license?

In order to at least minimized being shi*tted by these online casinos, just play at those casinos that already earned being reputable in the industry.

But honestly, complaints and issues are sometimes because of the user's fault.
We must realize that complaints and problems often occur due to our own mistakes because we often forget what we did at the casino.
We are not aware that what we have done is against casino rules but we don't admit it and instead accuse the casino of fraud against us.
If so, even licensed casinos will have a hard time solving this because they have already provided evidence that the user made a mistake.
But as long as we can play at a licensed and reputable casino and we're not trying to break any casino rules, we should be fine.


Title: Re: Licenses and Casino reputation
Post by: Fortify on December 27, 2022, 08:23:23 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

In reality pretty much all the licenses that are for sale are to give the appearance of a legitimate casino only. It can very from a simple rubber stamp, where a new operator hands over a certain amount of money and they are instantly given a "seal" they can promote as a "legit" organization. There are a few better countries which still require a large upfront sum, along with a reoccurring payment, who might investigate a bit more about the intended recipient but they are unlikely to help any customers. Unless it becomes apparently that the operation is a complete scam, which is a very high bar to set for these regulators, then they will continue to give that badge of approval while the payments come in - so the only meaning they can give is the owner at least put a little bit of effort in the getting established but if they want to run away with a lot of customer funds they could still do so.


Title: Re: Licenses and Casino reputation
Post by: FanEagle on December 27, 2022, 08:36:01 PM
We must realize that complaints and problems often occur due to our own mistakes because we often forget what we did at the casino.
We are not aware that what we have done is against casino rules but we don't admit it and instead accuse the casino of fraud against us.
If so, even licensed casinos will have a hard time solving this because they have already provided evidence that the user made a mistake.
But as long as we can play at a licensed and reputable casino and we're not trying to break any casino rules, we should be fine.
There are way too many people like that and as a smart user who knows the rules most of the time, I can see the complaints a mile away, hell I can guess what people will complain about when I read the rules even before they start to complain about it.

Because some rules are a lot more strict than others and some rules are not common, so when it's in there I know that people will be mad about it and they will want to change some things and they will not read the rule book and they will gamble the way they want and then come back and complain about it. It's fine for me though, I would never gamble in a place without reading the rules, so I am not caught off-guard.


Title: Re: Licenses and Casino reputation
Post by: Casdinyard on December 27, 2022, 09:00:55 PM
If you're talking about online casinos, it's pretty hard to discern their authenticity especially if they are just an up and coming gambling site. Anybody could just fetch a png image of a seal of authenticity over the internet and put it up their site, and it will take some time for the seal provider to actually catch on and apprehend them. Authenticity is different when it comes to live casinos though, they really need to pay for it or maybe earn rnough reputation to be granted so.

Curacao offers a lot of benefits for cryotocurrency casinos, which is why many sites grab a curacao license. The fact that they are very lenient with providing licenses even for cryptocurrency gambling sites is a good reason why you would always see Curacao licenses on crypto casinos.


Title: Re: Licenses and Casino reputation
Post by: alegotardo on December 27, 2022, 11:25:46 PM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

In fact, Curação has a government that has opened the doors to all types of casinos, with simple legislation, low taxes and very little bureaucracy, these are just the reasons that lead websites to place Curação at the top of their preferences when they want to open a casino. online.

As for player safety, unfortunately that doesn't mean anything.
In fact, we can say that it's even better than a site that has nothing, because at least we'll have someone's name to look up in case something goes wrong.
But, make no mistake, because nowadays there are many companies that provide licensing services in Curacao, in fact they are facilitators, who intermediate the license between the government and the real owners.

If you are looking for security, you need to go far beyond a valid license, I believe that the reputation of a site is the best "thermometer" to measure its trust.


Title: Re: Licenses and Casino reputation
Post by: Yatsan on December 27, 2022, 11:58:30 PM

Besides, why think that a licensed provider can be useful during the time when users are being fuc*ed up by these casinos even with a license?

In order to at least minimized being shi*tted by these online casinos, just play at those casinos that already earned being reputable in the industry.

But honestly, complaints and issues are sometimes because of the user's fault.
We must realize that complaints and problems often occur due to our own mistakes because we often forget what we did at the casino.
We are not aware that what we have done is against casino rules but we don't admit it and instead accuse the casino of fraud against us.
If so, even licensed casinos will have a hard time solving this because they have already provided evidence that the user made a mistake.
But as long as we can play at a licensed and reputable casino and we're not trying to break any casino rules, we should be fine.
That is why accusations have no use. Those which has proofs are the ones to be given an 'eye' by the majority. Some people inded jist cannot accept their fault on some instances. There were even topics in this forum wherein complaint backfired to the OP after accusing a reputable gambling site when he failed to support his claims.

There are many gambling sites in this industry; some are licensed and some are not. Problem is knowing if the license is legitimate especially if you are not feom that country wherein a licensed gambling site is registered. A player could only rely from the reputation of that gambling site and won't be certain that nothing bad could happen on his winnings or assets in gambling.


Title: Re: Licenses and Casino reputation
Post by: traderethereum on December 28, 2022, 12:49:40 AM
There are way too many people like that and as a smart user who knows the rules most of the time, I can see the complaints a mile away, hell I can guess what people will complain about when I read the rules even before they start to complain about it.

Because some rules are a lot more strict than others and some rules are not common, so when it's in there I know that people will be mad about it and they will want to change some things and they will not read the rule book and they will gamble the way they want and then come back and complain about it. It's fine for me though, I would never gamble in a place without reading the rules, so I am not caught off-guard.

Terms and conditions hadnt been made just for nothing and as a user then it would really just right for us to follow out on whats stated or been said on there, because if you do violate one of those things then it would be understandable that they would really be making out actions basing up on what you had done.Its true that not all issues and complaints are really just totally be blamed out on the company or platform
itself and this is why it isnt really just right that people would really judge away or directly without even trying out to know the truth.There are indeed circumstances which players or users
itself are the ones who do need to get blamed on.

That's why mistakes usually occur because of our own mistakes that don't read the rules written in the casino and that happens to many gamblers.
And accidentally, we make mistakes that cause something to our account or can't withdraw the winning money we get.
This will make us angry but we have to be able to make it a valuable lesson so we can read every casino rule.
That way, we won't have any more problems in the future and can play gambling comfortably at a casino that fits what we want.


Title: Re: Licenses and Casino reputation
Post by: lienfaye on December 28, 2022, 03:17:54 AM
There are way too many people like that and as a smart user who knows the rules most of the time, I can see the complaints a mile away, hell I can guess what people will complain about when I read the rules even before they start to complain about it.

Because some rules are a lot more strict than others and some rules are not common, so when it's in there I know that people will be mad about it and they will want to change some things and they will not read the rule book and they will gamble the way they want and then come back and complain about it. It's fine for me though, I would never gamble in a place without reading the rules, so I am not caught off-guard.

Terms and conditions hadnt been made just for nothing and as a user then it would really just right for us to follow out on whats stated or been said on there, because if you do violate one of those things then it would be understandable that they would really be making out actions basing up on what you had done.Its true that not all issues and complaints are really just totally be blamed out on the company or platform
itself and this is why it isnt really just right that people would really judge away or directly without even trying out to know the truth.There are indeed circumstances which players or users
itself are the ones who do need to get blamed on.

That's why mistakes usually occur because of our own mistakes that don't read the rules written in the casino and that happens to many gamblers.
And accidentally, we make mistakes that cause something to our account or can't withdraw the winning money we get.
This will make us angry but we have to be able to make it a valuable lesson so we can read every casino rule.
That way, we won't have any more problems in the future and can play gambling comfortably at a casino that fits what we want.
It is necessary for gamblers to read the terms and condition of a certain casino to be aware of the rules and to prevent ourselves committing violation. If we know their rules and still break it then there's no one to blame but ourselves.

Well anyway, a casino with license means it's operating legally. However it doesn't guarantee that the casino is not scam, thus it's important for us to be extra careful in choosing what casinos to play in. Always consider the feedback of gamblers before making a decision because real experience is the best guide and reference to not ending up in casinos with bad reputation.


Title: Re: Licenses and Casino reputation
Post by: Hispo on December 28, 2022, 03:41:03 AM
I assume licenses only matter if a gambler have a dispute with the casino over an important quantity, important enough to invest money in suing or legally prosecuting the casino. It would also help if the person in question happened to live close to the casino headquarters, I believe.

I do not much about the bureaucracy behind casinos, but perhaps the whole licensing has more to do with the owners of the casinos behind able to freely move their money around bank accounts of different countries without raising any suspicion from regulators about illegal activity.

Probably, If I showed up at London with a bag of Cash and claimed I own a casino (to explain the origin of the money) authorities would ask me for a license. 


Title: Re: Licenses and Casino reputation
Post by: Poker Player on December 28, 2022, 04:54:19 AM
I do not much about the bureaucracy behind casinos, but perhaps the whole licensing has more to do with the owners of the casinos behind able to freely move their money around bank accounts of different countries without raising any suspicion from regulators about illegal activity.

Probably, If I showed up at London with a bag of Cash and claimed I own a casino (to explain the origin of the money) authorities would ask me for a license. 

I'm sure that's the case as well. Even more if we think that what many casinos say in their ToS is not true, like that if you go over a certain amount in bankroll or wagered, they will ask for KYC and in reality they don't ask for it, or that if you live in certain countries you can't bet there and in reality they let you. This sometimes gives problems because they do ask for KYC or block you for playing from a certain country when you have won a large amount, but of course many do not implement what their ToS says in a strict way.


Title: Re: Licenses and Casino reputation
Post by: dothebeats on December 28, 2022, 05:52:31 AM
Curacao license is the most basic license that online casinos can acquire in order to start their business. AFAIK it is only acquired for formality in order for the platform to start its gambling operations within the jurisdiction of Curacao. It is certainly the easiest to acquire because a lot of gambling platforms have this license and are operating under and within this license's terms. A gambling platform is expected to shell out more or less $30k in order to get the license, so for a gambling platform to have this license and still dip after an exit scam means they have already got more than their initial investment.

And of course, gambling platforms can operate without any license whatsoever, it's just that it will certainly look shady from other people's perspective, leading to them not getting that much patrons and customers.


Title: Re: Licenses and Casino reputation
Post by: Sanitough on December 28, 2022, 06:16:11 AM
I don't know that much about license but the benefit in having a licensed gambling site is that you know that they are operating legally and the chance of running away is a little bit low as you can track and report them to authorities.

Personally I feel comfortable playing on a gambling site that has gambling license but not all gambling site that has license are legitimate, some of them turning out to be a scam so it doesn't mean that it is safe haven for gambling players.
I guess that’s all we want as gamblers, to land in gambling casinos that are operating legally so that we can feel security while gambling. But I believe licensed casinos are not free from having issues and problems that will surely challenge the casinos to stay at edge from other casinos. But as long as casinos have address the problems and resolve them quickly, I think that’s the most important thing so that gamblers will definitely stay on the site.


Title: Re: Licenses and Casino reputation
Post by: iv4n on December 28, 2022, 06:36:04 AM
Quote
A Curacao license is literally worthless from a player perspective. This does not mean that all casinos with a Curacao license are shady and shall be avoided but it means that as a player, you would not be able to count on the licensor to protect you by any means.
The problem of Gambling Licenses and the need for Honest Guides (https://www.btcgosu.com/blog/news/the-problem-of-gambling-licenses-and-the-need-for-honest-guides/)

A lot of crypto casinos started operating without a Curacao license, or any license at all... they added it along the way. My opinion is that this license doesn't mean much, at least not for us crypto players, and especially not for us who don't gamble with big money. License is not something that protects players, I guess it's more to protect the casino itself, probably more problems are solved here on the forum than anywhere else.

Betfury operated for months (if not the entire year, I am not completely sure) without a license, and they have grown a lot since then. Now they are a big and reputable crypto casino.


Title: Re: Licenses and Casino reputation
Post by: _act_ on December 28, 2022, 07:01:43 AM
A lot of crypto casinos started operating without a Curacao license, or any license at all... they added it along the way. My opinion is that this license doesn't mean much, at least not for us crypto players, and especially not for us who don't gamble with big money.
A person that would be scammed will think like this, that a casino do not have to obtain a license before operating, but people having intention to scam people will not think about license at all. Having a license is not the only way and only what to research for before knowing a gambling site is good or not, how old the casino is and its reputation is very important, but it is worth going for the gambling sites that have a license.

License is not something that protects players, I guess it's more to protect the casino itself, probably more problems are solved here on the forum than anywhere else.

Betfury operated for months (if not the entire year, I am not completely sure) without a license, and they have grown a lot since then. Now they are a big and reputable crypto casino.
I understood, there are some gambling sites that have good intention that may not have the money to first get a license, I do not think that some like freebitco even has a license up till now, while those sites are trustworthy now, you are not wrong, but I can not go for a new gambling site that has no license.


Title: Re: Licenses and Casino reputation
Post by: Fredomago on December 28, 2022, 07:15:52 AM
A lot of crypto casinos started operating without a Curacao license, or any license at all... they added it along the way. My opinion is that this license doesn't mean much, at least not for us crypto players, and especially not for us who don't gamble with big money.
A person that would be scammed will think like this, that a casino do not have to obtain a license before operating, but people having intention to scam people will not think about license at all. Having a license is not the only way and only what to research for before knowing a gambling site is good or not, how old the casino is and its reputation is very important, but it is worth going for the gambling sites that have a license.

The reputation is something that casino is really aiming to establish, with a good name gamblers will come along and be confident playing. Like both of are saying license is not really protecting the gambler but the casino itself, though some are looking and adding license as basis but for crypto gambler who only use small capital, they are more into reputation and the comfort that they are getting from the house.

Quote
License is not something that protects players, I guess it's more to protect the casino itself, probably more problems are solved here on the forum than anywhere else.

Betfury operated for months (if not the entire year, I am not completely sure) without a license, and they have grown a lot since then. Now they are a big and reputable crypto casino.
I understood, there are some gambling sites that have good intention that may not have the money to first get a license, I do not think that some like freebitco even has a license up till now, while those sites are trustworthy now, you are not wrong, but I can not go for a new gambling site that has no license.

It will be depending now on how you can take the risk, if you don't feel playing with a new casino who don't have license then so be it, let those who are okay with trying and betting with their luck, maybe because of welcoming perks or whatsoever.


Title: Re: Licenses and Casino reputation
Post by: davis196 on December 28, 2022, 07:26:38 AM
There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

There's no benefit for he gamblers, when they gamble in a licensed casino. You are still relying on the casino not stealing your money.
I'm not an expert in this topic, but I assume that the Curacao gambling license is the most preferred, because it's the cheapest one.
A gambling license cannot hep a gambler in case of a scam. Having a license just makes the online casinos look more legit.
Gambling licenses are necessary for the crypto casinos in order for them to operate in certain regions and accept gamblers from certain countries. That's my two cents, I'm not saying that I'm competent in the legislative/regulatory side of the gambling business. ;D


Title: Re: Licenses and Casino reputation
Post by: ethereumhunter on December 28, 2022, 08:29:41 AM
I don't know that much about license but the benefit in having a licensed gambling site is that you know that they are operating legally and the chance of running away is a little bit low as you can track and report them to authorities.

Personally I feel comfortable playing on a gambling site that has gambling license but not all gambling site that has license are legitimate, some of them turning out to be a scam so it doesn't mean that it is safe haven for gambling players.
I guess that’s all we want as gamblers, to land in gambling casinos that are operating legally so that we can feel security while gambling. But I believe licensed casinos are not free from having issues and problems that will surely challenge the casinos to stay at edge from other casinos. But as long as casinos have address the problems and resolve them quickly, I think that’s the most important thing so that gamblers will definitely stay on the site.
Every problem will come to every casino because this is a business where each casino competes for the top position. And if a reputable casino has a problem, it will try to solve it so that other members can see that the casino is really professional in running its business. And I think if the casino can get through every problem that comes its way, it will improve the casino because it can maintain its position by always trying to solve every problem.


Title: Re: Licenses and Casino reputation
Post by: xSkylarx on December 28, 2022, 09:31:29 AM
I don't know that much about license but the benefit in having a licensed gambling site is that you know that they are operating legally and the chance of running away is a little bit low as you can track and report them to authorities.

Personally I feel comfortable playing on a gambling site that has gambling license but not all gambling site that has license are legitimate, some of them turning out to be a scam so it doesn't mean that it is safe haven for gambling players.
I guess that’s all we want as gamblers, to land in gambling casinos that are operating legally so that we can feel security while gambling. But I believe licensed casinos are not free from having issues and problems that will surely challenge the casinos to stay at edge from other casinos. But as long as casinos have address the problems and resolve them quickly, I think that’s the most important thing so that gamblers will definitely stay on the site.

If the casino is legal, well-respected, and quick to address issues, that would be ideal; however, most casinos have problems and delays in dealing with them. What is best is when the casino is legal; you can file legal action against them if something happens to your funds (as most gamblers' problems), and they will almost certainly take action. Also, if they have a license, they are most likely fair because they everything on their game has been thoroughly checked before they passed and got a license to operate.


Title: Re: Licenses and Casino reputation
Post by: btc78 on December 28, 2022, 10:09:26 AM
I don't know that much about license but the benefit in having a licensed gambling site is that you know that they are operating legally and the chance of running away is a little bit low as you can track and report them to authorities.

Personally I feel comfortable playing on a gambling site that has gambling license but not all gambling site that has license are legitimate, some of them turning out to be a scam so it doesn't mean that it is safe haven for gambling players.
I guess that’s all we want as gamblers, to land in gambling casinos that are operating legally so that we can feel security while gambling. But I believe licensed casinos are not free from having issues and problems that will surely challenge the casinos to stay at edge from other casinos. But as long as casinos have address the problems and resolve them quickly, I think that’s the most important thing so that gamblers will definitely stay on the site.

If the casino is legal, well-respected, and quick to address issues, that would be ideal; however, most casinos have problems and delays in dealing with them. What is best is when the casino is legal; you can file legal action against them if something happens to your funds (as most gamblers' problems), and they will almost certainly take action. Also, if they have a license, they are most likely fair because they everything on their game has been thoroughly checked before they passed and got a license to operate.
but filing cases against legal casinos does not necessary mean we will win and can take our money back , there are several cases we have seen here that people did not gather their own money .
but all in all? it is still safe in playing in legal casino that also asks for KYC mostly . let us gamblers decide to what they wanted to play for.


Title: Re: Licenses and Casino reputation
Post by: YOSHIE on December 28, 2022, 10:15:31 AM
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
As far as I know Curacao is different from other regions in terms of licensing, Historically Curacao offered fairly easy terms and acquisitions for new online casinos wishing to operate in the Curacao area under certain conditions, they offer online gambling infrastructure such as financial or telecommunications platforms apart from that Curacao also implements EU standard tax laws with AML compliance, as well as the ease of all licensing matters, the comparison is maybe Curacao one day will issue permits, licenses for other areas maybe one year.

As far as I know Curacao currently only issues two licenses such as sub-license & master license, they have a company to hold the license such as Cyberluck Curacao, Gaming Curacao, Antillephone and so on, from what I know about licenses in the Curacao area just to make it easier for online gambling sites operating on the internet with various types of games.

does not mean that every online casino that has a Curacao license can be trusted 100%, companies that hold a license in Curacao have their acts or rules thoroughly audited at all times for online gambling sites operating in their territory, if they are found to be in trouble with the casino and are detrimental to users and so on they will deduct the main holder of the license in the online casino, in accordance with the laws in force in Curacao regarding gambling.


Title: Re: Licenses and Casino reputation
Post by: Solosanz on December 28, 2022, 02:16:20 PM
but filing cases against legal casinos does not necessary mean we will win and can take our money back , there are several cases we have seen here that people did not gather their own money . but all in all? it is still safe in playing in legal casino that also asks for KYC mostly . let us gamblers decide to what they wanted to play for.
Yep you're correct, legal action doesn't mean you will always win even though you're the victim and has an evidence about it. But do you think the casinos doesn't have any evidences that has been faked to attack you back? also they're have huge money to hire the best prosecutor and they have a chance to bribe the magistrate. It's not surprising to see tthis especially if you live in a third country world.


Title: Re: Licenses and Casino reputation
Post by: Jatiluhung on December 28, 2022, 03:30:50 PM
Quote
A Curacao license is literally worthless from a player perspective. This does not mean that all casinos with a Curacao license are shady and shall be avoided but it means that as a player, you would not be able to count on the licensor to protect you by any means.
The problem of Gambling Licenses and the need for Honest Guides (https://www.btcgosu.com/blog/news/the-problem-of-gambling-licenses-and-the-need-for-honest-guides/)

A lot of crypto casinos started operating without a Curacao license, or any license at all... they added it along the way. My opinion is that this license doesn't mean much, at least not for us crypto players, and especially not for us who don't gamble with big money. License is not something that protects players, I guess it's more to protect the casino itself, probably more problems are solved here on the forum than anywhere else.

Betfury operated for months (if not the entire year, I am not completely sure) without a license, and they have grown a lot since then. Now they are a big and reputable crypto casino.
You are right. and indeed the gamblers with small stakes don't even pay much attention to it. I also belong to the category of people who are not too concerned about it. as long as comfortable then I continue. and when it started to get uncomfortable, I left and looked for another casino. But about reputation is more our concern.


Title: Re: Licenses and Casino reputation
Post by: Cookdata on December 28, 2022, 05:18:53 PM
but filing cases against legal casinos does not necessary mean we will win and can take our money back , there are several cases we have seen here that people did not gather their own money . but all in all? it is still safe in playing in legal casino that also asks for KYC mostly . let us gamblers decide to what they wanted to play for.
Yep you're correct, legal action doesn't mean you will always win even though you're the victim and has an evidence about it. But do you think the casinos doesn't have any evidences that has been faked to attack you back? also they're have huge money to hire the best prosecutor and they have a chance to bribe the magistrate. It's not surprising to see tthis especially if you live in a third country world.

I've seen a similar post on this thread about a casino that refused to pay a player after he won a large sum of money, they knew it was their fault, but they tried to use an excuse to keep the player from getting his money; the player sued the casino, but the judge wasn't transparent with the case, which led me to believe that the casino can go a long way to avoid being caught; they bribed the judge in the same way they're using an excuse for the player that he violated a term in their policy.
I was sad with how it turned out but I'm glad the case is still being pursued because the lawyer is eager in seeing it conclude in the supreme court since you can't pay the judiciary at all levels.


Title: Re: Licenses and Casino reputation
Post by: BobK71 on December 28, 2022, 05:54:11 PM
The curacao license only makes them look good on paper and it's a way for them to avoid taking other complicated licenses, they're mainly for the convenience of the casinos.
I Know a Casino with a License looks more trustworthy, but I will trust better word of mouth recommendation and endorsement about the reputation of a casino than just knowing that they have a curacao license, or any other License. Casinos can change after they have obtained the licenses and that is why I will not take the fact that a casino is licensed to mean that they will not give me issues in the future. Nothing beats reading real reviews to know if a casino is good or not.
A casino can cheat customers. In this case, the customer becomes helpless. Most gamblers believe that the statistics of admitting such fraud can be very high, especially in casinos that do not have a license. But i think the license is important but more important is the comments of others about the site. There are many casinos that can show license but failed to provide the service. Moreover, a gambler can undoubtedly conduct gambling comfortably on the sites that have a good reputation on Bitcointalk forum. This forum is enough to know what are the good casinos.


Title: Re: Licenses and Casino reputation
Post by: rahmad2nd on December 28, 2022, 06:14:07 PM
A casino can cheat customers. In this case, the customer becomes helpless. Most gamblers believe that the statistics of admitting such fraud can be very high, especially in casinos that do not have a license. But i think the license is important but more important is the comments of others about the site. There are many casinos that can show license but failed to provide the service. Moreover, a gambler can undoubtedly conduct gambling comfortably on the sites that have a good reputation on Bitcointalk forum. This forum is enough to know what are the good casinos.

There are many online casinos outside our community that are also reputable, and of course there are also many that can't be trusted. Likewise with crypto casinos in our community, even some of the casinos that we have here, have a high reputation. so we have no doubts about the license validation they have, especially in terms of service.

As for casinos that can cheat their customers, like you said. we have a community here, of course this will be very helpful, especially for beginners who want to play at a trusted casino. there are also casinos that have a bad reputation, many of us know about it so I won't mention it here. however, regarding casinos that deceive their users, whether it's not paying winnings, suspended accounts, or whatever it is that leads to harm to us as users. we can discuss it here, and it will be the judgment of the other members.

Despite all that, I've had no issues with my favorite casino so far. as long as they can maintain their reputation, we will be safe and avoid things that lead to losses.


Title: Re: Licenses and Casino reputation
Post by: Zlantann on December 28, 2022, 06:14:44 PM

What does a curacao license do in reality & how it can benefit us as a gambler?


Casino that is regulated is controlled under the Curacao which see on the activities of the casino including if there is complain of scam or no payment of winning. Most gamblers like to gamble under licence casino because of protection of their money and it is better, it gives confidence to recover from the casino if they failed part of the license condition and regulations.

Most gambling companies prefer to register in Curacao because the country is affordable and easy to get compared to other countries or jurisdictions. A licence is a an authorization to operate under the protection and regulation of the issuing country. Licenced gambling platforms attracts more gamblers because they assume that these firms can be sued in these country in case of non-payment of wins. It also gives the casino a good reputation that the government of a country recognizes it. But a license is not a a green light to use a particular casino. Fraudsters can get these licence with the intention of scamming people. Hence, it is important to do your research about these casinos before using them.   


Title: Re: Licenses and Casino reputation
Post by: panjul07 on December 28, 2022, 06:18:00 PM
As small gambler, I dont really care about license but I do care about reputation.
For me a licensed casino is just a plus point but it does not mean that license will affect the reputation of the casino.
And I do not really know what is the benefit of license for me as small gambler, even if I'm experiencing a payment issue with a licensed casino, I wont contact the license but I'll just try to contact the casino and maybe make a complaint in the ANN thread of the casino.
For those who have been in this crypto gambling industry for more than 5 years, you should have known that most of casinos had no license at all but many of them are reputable enough because they could prove themselves as reputable by giving the best services to their players.


Title: Re: Licenses and Casino reputation
Post by: BITCOIN4X on December 28, 2022, 06:29:05 PM
As small gambler, I dont really care about license but I do care about reputation.
For me a licensed casino is just a plus point but it does not mean that license will affect the reputation of the casino.
And I do not really know what is the benefit of license for me as small gambler, even if I'm experiencing a payment issue with a licensed casino, I wont contact the license but I'll just try to contact the casino and maybe make a complaint in the ANN thread of the casino.
For those who have been in this crypto gambling industry for more than 5 years, you should have known that most of casinos had no license at all but many of them are reputable enough because they could prove themselves as reputable by giving the best services to their players.
A license doesn't mean much to me, but it may be very important for a casino looking to grow and compete with other casinos. I tend to fail to understand what a license means for my gambling activities, in fact I can also gamble in casinos without a license as long as they are honest with their customers.

To me Licenses are just part of what a casino needs to convince its customers that they are really serious about being the best and competing in the industry, and here we can really expect a good reputation from the casino even though some of them can end up being a scam.


Title: Re: Licenses and Casino reputation
Post by: Blawpaw on December 28, 2022, 06:29:32 PM
Sometimes licences do not mean anything as even if they have licences they could not have any reputation, or even worst, they can havea bad reputation.


For me, it is much more important to find that  a casino has a good reputation than if it is fully licenced.


Title: Re: Licenses and Casino reputation
Post by: harizen on December 28, 2022, 06:30:18 PM
As small gambler, I dont really care about license but I do care about reputation.
For me a licensed casino is just a plus point but it does not mean that license will affect the reputation of the casino.
And I do not really know what is the benefit of license for me as small gambler, even if I'm experiencing a payment issue with a licensed casino, I wont contact the license but I'll just try to contact the casino and maybe make a complaint in the ANN thread of the casino.
For those who have been in this crypto gambling industry for more than 5 years, you should have known that most of casinos had no license at all but many of them are reputable enough because they could prove themselves as reputable by giving the best services to their players.


That makes sense especially if we talk about those crypto-gambling sites that is running for a long now and already established a good reputation. That's why every time someone is asking for me a suggestion of what crypto-gambling sites should they play, my response is always those sites that already reached the status of being reputable in the crypto-gambling industry.

However, there are users who ended up on a gambling site that is not known well or just starting the early phase of their operation. For that, since the reputation is still in question, at least these sites should have a license because if they don't have that time to comply with simple and necessary requirements to operate, which just requires a bit of effort to acquire, how come users can trust them that they will fully commit on good service.


Title: Re: Licenses and Casino reputation
Post by: Hispo on December 28, 2022, 08:06:06 PM
I do not much about the bureaucracy behind casinos, but perhaps the whole licensing has more to do with the owners of the casinos behind able to freely move their money around bank accounts of different countries without raising any suspicion from regulators about illegal activity.

Probably, If I showed up at London with a bag of Cash and claimed I own a casino (to explain the origin of the money) authorities would ask me for a license.  

I'm sure that's the case as well. Even more if we think that what many casinos say in their ToS is not true, like that if you go over a certain amount in bankroll or wagered, they will ask for KYC and in reality they don't ask for it, or that if you live in certain countries you can't bet there and in reality they let you. This sometimes gives problems because they do ask for KYC or block you for playing from a certain country when you have won a large amount, but of course many do not implement what their ToS says in a strict way.

They probably do that because they feel legally forced to inform about those restrictions to their clients but they are aware it is not convenient to isolate themselves out some specific markets or make things more difficult for high rollers (specially in such competitive industry like this one).

Casinos managers are not dumb, I believe they must know how to stay within the legality while having flexible ToS, for the sake of improving the range of the services and earnings.


Title: Re: Licenses and Casino reputation
Post by: passwordnow on December 28, 2022, 09:32:39 PM
Sometimes licences do not mean anything as even if they have licences they could not have any reputation, or even worst, they can havea bad reputation.


For me, it is much more important to find that  a casino has a good reputation than if it is fully licenced.
What's good is the combination of it, we have to see them run legally and as well as have the reputation that's been known for years.
Having these two things will make you have like an assured good gambling experience and you're not gambling with an unknown casino that doesn't have a license to operate. But it's true that sometimes having a license isn't really something because of how easy it can get and applying for it can be done by anybody.