Gambling License

[DoublerHunter]

^ Most of the online gambling sites are Offshore Gaming Operators. And definitely right, that not everyone is a gambling company is registered. But this is not a new story. However, even traditional gambling platforms are not duly registered when they operate.
Reviews are not so necessary to consider when looking for a legitimate gambling site, it's more of a personal experience. Reviews are being easily manipulated. Creating dummies that will provide 5 start feedbacks is easy especially here.

[CarnagexD]

There's this comfortable feeling when you're playing in a licensed casino for example, you're not anxious even if you put a decent amount of money there and sleep for a day. This is why I prefer playing licensed ones than just only reputable ones, there's this huge different between these two. Running by the book will never get any wrong, but also everyone should not ignore the terms and conditions that may apply, it is very important to read and know.

[Oilacris]

Actually there are some gambling casinos that stays decentralized and not having any licensed at all but they run smoothly and people trust them. That is because of them providing good service to people, and with the platform utilizing provably fair games which makes each game reputable since you can verify your bets and the outcome of each games.

But in terms of licensed casinos, you are most likely spending more here since you also need to comply with taxes.

Taxes do not depend on whether you play at a licensed casino or not. Here everyone decides whether to pay taxes or not. There are also countries where there are serious tax breaks on income earned in casinos.
The main thing is to avoid the casino where you are required to pass the KYC.

Personally I feel more comfortable to provide documents for the KYC. if you have money or crypto, and have nothing to hide, then I do not see the problem with it.
When i gamble online, i also want to know who the casino is and if everything is legit.

Some people arent really that too keen on sharing off their identity or documentation online yet they do have that common line on "you havent something to be hidden."

Yeah its right for some point but only a few can really take up the risk because it doesnt really just matter on what have you done because these documents can really be used up in other purpose
which would really might be tagging up your name into some problems in the future.This is why its really out of my vocalbulary when it comes to KYC thing.

For License then it doesnt really count that much because people will just stick out to reputable ones neither they are licensed or not.As long it had been played by lots of people
which it signifies that it is a good one.

[FontSeli]

Personally I feel more comfortable to provide documents for the KYC. if you have money or crypto, and have nothing to hide, then I do not see the problem with it.
When i gamble online, i also want to know who the casino is and if everything is legit.

I have nothing to hide either. When I go to a regular casino to play and they ask me for my passport at the entrance, I show it without any problems. Because I know who owns this casino. Besides, they don't photograph my passport.
Online casinos will never reveal information about the ultimate owners of the business. In addition, they or their dishonest employees can sell a scan of my passport on the dark market.
This is the reason why I don't want to pass KYC verification.

[Ryker1]

There's this comfortable feeling when you're playing in a licensed casino for example, you're not anxious even if you put a decent amount of money there and sleep for a day. This is why I prefer playing licensed ones than just only reputable ones, there's this huge different between these two. Running by the book will never get any wrong, but also everyone should not ignore the terms and conditions that may apply, it is very important to read and know.

Well, that is right but for me, you will only be using feed backs or reviews to see what are the opportunities of the site. But the legitimacy is something that you had to consider. Gambling is gambling, and in any way, --operators will always do their best to break the rules. So having a license is something that is the gambling industry's trying to avoid paying. Licenses for gambling are too much. And the government are taking advantage of these type of operators buy charging much more with tax.

[Yogee]

License is not an issue especially on online gaming platform as long as all users are satisfy with the service probably fast and fare kind of service. No way there is a need to have a license to make a good gambling platform. License is just an agreement paper to mandate the gambling casino to perform its duties and responsibilities to its clients or users and if they can't met the said service they can get fine. This is not really needed and therefore gambling platform should always consider good service in their platform to avoid getting bad reputations from the gamblers or its users.

Let's say for example, you decided to deposit $1,000 in casino Y since it is hailed by many online gamblers as reputable. One day, while your money is still in the casino, authorities seized the platform including the wallets they control because it was found out that it is operating illegally. What would you do? Will you file a claim to the authorities and make an excuse that you didn't think gambling license is needed?

If I may answer, yes, you can file a claim, but I will say this is futile and consider my money as a 'gambling lost' already. That's why it's really important to check the legitimacy of an online casino and prefer to play on a platform that has been established themselves.

As for new those new casino's trying to make a name for themselves, you can see if the people behind are really that serious by the way they answered questions from gamblers or if they really have the license to operate in the first place.

I was waiting for jademaxsuy to respond but your answer is also welcome of course. If the other members who voted "I don't care about license as long as reputable" in the poll would reply to my questions above, I would appreciate that too.

[Timelord2067]

I usually find out whether or not an online Casino is registered or not when I got to visit their site and it comes up with a stern message announcing they are not registered in my jurisdiction.

[notblox1]

Questions:
1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation?
2. Is it enough that they offer provably fair games?
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?
.......

Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards?

1. There are many levels of gambling licenses and even if Curacao is not on top of the list it is still much better than having no license at all,
just be aware that Curacao is an island in Caribbean Sea near Venezuela.

2. I have seen some scam websites in past claiming they have provably fair games, so that is not enough for sure.

3. New websites need to build reputation in time so there must to some risk involved for both parties.

It is best to have highest license standards but then you must be ready to have full kyc verification for everything and many of players are ready to take some risk as gamblers and have some compromise and less restrictions with Curacao license.

[Fundamentals Of]

Questions:
1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation?
2. Is it enough that they offer provably fair games?
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?
.......

Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards?

1. There are many levels of gambling licenses and even if Curacao is not on top of the list it is still much better than having no license at all,
just be aware that Curacao is an island in Caribbean Sea near Venezuela.

2. I have seen some scam websites in past claiming they have provably fair games, so that is not enough for sure.

3. New websites need to build reputation in time so there must to some risk involved for both parties.

It is best to have highest license standards but then you must be ready to have full kyc verification for everything and many of players are ready to take some risk as gamblers and have some compromise and less restrictions with Curacao license.

A Curacao license is indeed better than no license at all. But that is just somehow like a casino claiming to have provably fair games when in fact it may not be the case. There must be a number of reasons why a lot of gambling sites are flocking to Curacao, and top of which is that it is very easy and cheap to obtain one. If you have the money, you have the license. You pay, you got what you need. That is all. That is why some players are very careful not to rely on Curacao licensed casinos. They equate Curacao license to no license in terms of accountability.   

[seoincorporation]

Questions:
1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation?
2. Is it enough that they offer provably fair games?
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

Let me answer those 3 for you...

1.-Curacao is a place where gambling is legit and regulated, we could say they have the best regulations for the business, and maybe is a small place but with clear laws.

2.- Provably fair is a must, with or without a license they must be fair, because if users can't verify the bets then the site is rigged, simple as that.

3.- If the casino is new, then we review their gambling license and their provably fair system.

[ethereumhunter]

Actually there are some gambling casinos that stays decentralized and not having any licensed at all but they run smoothly and people trust them. That is because of them providing good service to people, and with the platform utilizing provably fair games which makes each game reputable since you can verify your bets and the outcome of each games.

But in terms of licensed casinos, you are most likely spending more here since you also need to comply with taxes.

Taxes do not depend on whether you play at a licensed casino or not. Here everyone decides whether to pay taxes or not. There are also countries where there are serious tax breaks on income earned in casinos.
The main thing is to avoid the casino where you are required to pass the KYC.

Personally I feel more comfortable to provide documents for the KYC. if you have money or crypto, and have nothing to hide, then I do not see the problem with it.
When i gamble online, i also want to know who the casino is and if everything is legit.

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

[FontSeli]

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me.

[ethereumhunter]

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me.

I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling.

[Sanitough]

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me.

I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling.

You submit your document because you trust the casino, that's it, usually those who are regulated by the government will implement the law required to them by the authority because they will get penalize if they won't so as a gambler, all we have to do is just to comply and trust them.

[rodskee]

This happens because of the strict regulations of other countries thats Why those gambling sites needs to run in Curacao for availability.

i prefer gambling site that has License because i am a law abiding citizen and i dont want to be penalized for not following the rules.

though in local gambling sometimes i can't deny betting since friends are asking me but i don't stay long and need to get rid of them as soon as i have a  chance.

[Questat]

This happens because of the strict regulations of other countries thats Why those gambling sites needs to run in Curacao for availability.

i prefer gambling site that has License because i am a law abiding citizen and i dont want to be penalized for not following the rules.

Actually if you gamble on a non license gambling site, you will not be penalized by the authorities, it's actually the gambling sites who are at big risk here.
The only risk you'll get is you can't complain the site legally as you yourself knows you are not gambling in a legit site.

though in local gambling sometimes i can't deny betting since friends are asking me but i don't stay long and need to get rid of them as soon as i have a  chance.

Try to risk sometimes, what particular game you are gambling with? is this is physical casino or an online?

[ethereumhunter]

I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling.

You submit your document because you trust the casino, that's it, usually those who are regulated by the government will implement the law required to them by the authority because they will get penalize if they won't so as a gambler, all we have to do is just to comply and trust them.

Yes, but even if we trust that casino, the casino can be a scam in the future because we don't know what will happen to them later. But that is happening to the offline casino because the owner needs to know who their customer. The offline casino needs to follow many things, including the rule and the law from the local authority. But in the online casino, I think the fiat casino requires you to send the document, but I don't know the truth since I don't gamble in the fiat casino.

[FontSeli]

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me.

I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling.

I told my case, you told yours. There are other people who manage to make good money on gambling, and they may not mind providing their KYC documents for the casino.
Personally, I would advise everyone to take a serious approach to such a moment as providing their documents to others. Even if the exchange or the casino have an international license.

[fullhdpixel]

Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards?

This is a plus factor, but on top of this we want to see a gambling site with good reputation accumulated overtime, reputation is still everything, I have so many projects even outside of the gambling where the project is fully compliant and with a known team behind them but they still run away with investor's money.

Yeah and because most of the players are registered from illegal sources like from countries where gambling is not allowed or they have provided fake information at the time of registration so they cannot even complain or make a legal claim about their funds despite being honest and legit.

The most important thing is neither license nor the license provider and the country but actually the running time of the casino because if a website is running from years like Primedice or sportsbet.io then I would never hesitate because I don't even have to know and verify their license but just bet freely because there are so many players playing and I am never at risk more so because I don't make high roller sort of bets.

[Kasabus]

Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards?

This is a plus factor, but on top of this we want to see a gambling site with good reputation accumulated overtime, reputation is still everything, I have so many projects even outside of the gambling where the project is fully compliant and with a known team behind them but they still run away with investor's money.

Yeah and because most of the players are registered from illegal sources like from countries where gambling is not allowed or they have provided fake information at the time of registration so they cannot even complain or make a legal claim about their funds despite being honest and legit.

The most important thing is neither license nor the license provider and the country but actually the running time of the casino because if a website is running from years like Primedice or sportsbet.io then I would never hesitate because I don't even have to know and verify their license but just bet freely because there are so many players playing and I am never at risk more so because I don't make high roller sort of bets.

I don't think most of the players are coming from countries were gambling is illegal, though a casino is licensed but they don't require a KYC for their gamblers, then they will never know if such gamblers are illegally gambling or not, and that is the beauty of the crypto casinos now, KYC is not their product, it's the anonymous gambling as it attracts more gamblers.