We are working on a Sportsbook and will soon go live. Hope to learn from your mistakes ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
OP is making a major mistake here by not following up on the discussions, and addressing the concerns raised by giving some explanations or apologizing for the rushed job. In any case, I think the site looks great
|
|
|
All we could do here is to wish you good luck, because you will need plenty of it in your pursuit of lost gambles. However, be careful you don't lose more money in your potentially futile quest.
|
|
|
I heard that most big and established betting sites/companies started without licenses. They were able to grow and become licensed and now controls the industry. I know one or two by name.
However, license has become almost a must these days if you're ever gonna be taken seriously in your sportsbook business.
Most software providers won't even think of releasing their software to you without a license.
Payment processors are simply a no-go area without a license.
Is it still possible to start and run a Gambling site without a License?
Now, talking in users perspectives-
Can a Sportsbook still be considered legitimate and okay without a license?
Do you know any operating (with consistent payout and good customer cares) without a license?
Can you bet with a betting site that has no license, maybe because they're starting new and currently has no money for licensing fee?
Thanks in advance for your opinions
it is not only possible to not have a license and run a gambling website, but many relatively popular sites have been doing it for years without any problem, even the giants like Primedice or Bitsler only got licensed after some period of time with provably fair gaming it is NOT 100% necessary to have a license, especially with a dice site or a small casino, blockchain based, for example sportsbooks is a completely different story, usually they require a license to operate, but it depends on the laws of the countries some sites have casino+sportsbook , like betking, for example, other big players like bitdice are planning to introduce one soon so it really is up to you to look for some random Curacao license or not, don't think this licensing body will help you in any ways if you have a dispute with a casino but it is just my IMHO I think the licensing bodies are just there to get their own fair share of the spoil well partially true, they take some good money for their licenses,for example: https://fastoffshore.com/what-we-do/packaged-services/online-gambling-license-in-curacao/ - "The Curaçao Online E-Gaming Businessbenefits, Package is available for an initial set up cost of only US $19,850" https://www.curacaowebhosting.com/2017/05/23/cost-gambling-license-curacao/but they do provide benefits like lower taxes, regulating bodies and as a player ,at least you know who to contact if any dispute arises I am thinking of using Fasoffshore for my license and company registration. Can you please, tell me how efficient and trustworthy they are?
|
|
|
Picks doesn't work in Sportsbook except you're involved in match fixing.
|
|
|
I heard that most big and established betting sites/companies started without licenses. They were able to grow and become licensed and now controls the industry. I know one or two by name.
However, license has become almost a must these days if you're ever gonna be taken seriously in your sportsbook business.
Most software providers won't even think of releasing their software to you without a license.
Payment processors are simply a no-go area without a license.
Is it still possible to start and run a Gambling site without a License?
Now, talking in users perspectives-
Can a Sportsbook still be considered legitimate and okay without a license?
Do you know any operating (with consistent payout and good customer cares) without a license?
Can you bet with a betting site that has no license, maybe because they're starting new and currently has no money for licensing fee?
Thanks in advance for your opinions
it is not only possible to not have a license and run a gambling website, but many relatively popular sites have been doing it for years without any problem, even the giants like Primedice or Bitsler only got licensed after some period of time with provably fair gaming it is NOT 100% necessary to have a license, especially with a dice site or a small casino, blockchain based, for example sportsbooks is a completely different story, usually they require a license to operate, but it depends on the laws of the countries some sites have casino+sportsbook , like betking, for example, other big players like bitdice are planning to introduce one soon so it really is up to you to look for some random Curacao license or not, don't think this licensing body will help you in any ways if you have a dispute with a casino but it is just my IMHO I think the licensing bodies are just there to get their own fair share of the spoil
|
|
|
This is scary. In this industry, some wicked operators are actively trying to undermine other operators business interests. That's not a healthy way to compete.
Spend that useful time to build your customer base, improve in your customer support, make your payouts more efficient, etc. Rather than focusing on undermining other people's business
|
|
|
A serious betting company will not spend thousands of USD plus software agreement terms just to cheat customers. I'm not saying that's not impossible.
Yeah, a sportsbook with regular presence in a forum community like this may just be a huge factor in deciding who to bet with because they wouldn't want to face backlash and criticism here.
|
|
|
As sports betting is mainly legal around the world, I don't think there would be much of a problem with getting a license. Lack of license is considered to be a bad sign, because there will be no legal entity to blame in case the company scams people. Here is a link where you can find some useful information about obtaining a license in Europe: https://www.sportsbettingdime.com/guides/legal/european-licensing-regions/. For instance, the Gibraltar Licensing Aurthority taxes the income of the casino, but the fee is only 0.15% and only what's above 100k GBP in income each year actually gets taxed. But the yearly licensing payment seems extremely high. As for finding an unlicensed sports casino, it's not very easy, because they wouldn't make this information public. If you browse through casinos in the Darknet, though, I am sure they are not licensed. Gibraltar actually charge 10% corporate tax for foreign operators (Non Uk businesses) which is pretty high compare to Curacao. But it kind of give you direct access to the UK Market which is really big is Sports Betting, especially football. I don't know how far Malta License can really go in Europe? Thanks for the link, I'll check it out
|
|
|
That's amazing. Do you also have plan to include other betting sites in your site? I think you should consider that in future
|
|
|
What License would you recommend to a Gambling startup?
|
|
|
I heard that most big and established betting sites/companies started without licenses. They were able to grow and become licensed and now controls the industry. I know one or two by name.
However, license has become almost a must these days if you're ever gonna be taken seriously in your sportsbook business.
Most software providers won't even think of releasing their software to you without a license.
Payment processors are simply a no-go area without a license.
Is it still possible to start and run a Gambling site without a License?
Now, talking in users perspectives-
Can a Sportsbook still be considered legitimate and okay without a license?
Do you know any operating (with consistent payout and good customer cares) without a license?
Can you bet with a betting site that has no license, maybe because they're starting new and currently has no money for licensing fee?
Thanks in advance for your opinions
|
|
|
Good stuff! And Weldon for putting this together
For me I think 1) Cloudbet.com 2) Fairlay.com 3) 1xBet.com
I am ranking them based mostly on their interfaces. They have very appealing, easy to use interface.
|
|
|
Hello Buff88 here is a piece of advice please don't dig your own grave just by replying to game-protect, don't mind him as he had already made your gambling site's ANN thread look suspicious because of the various questions being circled around to you about your license issued by the Goverment of Curacao. Game-protect will ask you first if you are licensed by the Government of Curacao, and after you reply every word you say will be used against you. He will not be satisfied with your answer because his whole business revolves around "Consumer Protection" from potential scam and unlicensed gambling sites.
Hi Theb, Thank you so much for the support, you are the best! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) We will take on your advice and stop replying to game-protect. From his negative trust of -16 it was obvious that his intentions are no good, but nevertheless, we tried to give him the benefit of the doubt. You claim that you are authorized and regulated by the Government of Curacao, but are not able to show the documents?Can you explain what his negative trust of -16 means? Negative trust -16 (now -64 and still counting) means you are an untrustworthy scum who's marauding the community with dishonest intentions. People invest tens of thousands and hundreds of thousands to build gambling businesses. The least you could do is be objective in your comments about their business
|
|
|
This is one of the reasons people take most information on public forum with a pinch of salt. People tend to abuse the privilege of self generated content on established platforms by lying any chance they get.
You've done a serious damage to the site you're promoting
|
|
|
While this headline may generate click to your post, I doubt if it could convert anyone into betting on your site. Reason: You've discouraged every potential bettor with a crappy headline.
|
|
|
After it's started people and the governments are against of it and they have not ready to accept even then the big investors and users of internet comes and they have used it for many big transactions so that makes bitcoin a global currency and now every one knows that bitcoin is the best form of currency an investment speculators like for speculation and much more bitcoin is a life for me.
bitcoin is still in the development stage which continues to perfect itself, all controversy is still happening and there is no final word about regulation in all countries. Basically bitcoin is able to make things more efficient but on the other hand bitcoin is also a threat of inflation because the government cannot engage in any transaction, they cannot track any form of fraud or money laundering that has the potential to be huge on the blockchain system. I think government regulations in all country will kill bitcoin, or make it just like every other currencies. Lack of regulation has been largely the reason bitcoin is still gaining influences. Once regulations moves in, then, there will be no difference with every other currencies
|
|
|
I am a bit confused about this ads auction. Can someone please enlighten me
Hope Betting sites are allowed to bid?
|
|
|
I am about to launch a new betting site that accepts bitcoin and other coins. Is it okay to create a thread about it and explain what we offer?
Again, How can I advertise on Bitcointalk? I mean paid advertisement.
Thank you
|
|
|
You could have done these at the beginning of your post. You allow people to raise issues on your post and now you're ignoring. That's not a good tactics in my humble opinion
|
|
|
|