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Poll
Question: License vs. Reputation
I don't care about license as long as reputable - 24 (63.2%)
License is a must - 7 (18.4%)
Both must be present before I play - 7 (18.4%)
Total Voters: 38

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Author Topic: Gambling License  (Read 1617 times)
bobyhodob
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October 02, 2020, 03:26:28 AM
 #41

Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation.
well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.
why need to play in other gambling sites that you are not sure when you can gamble in legit and proven gambling sites already?
there are lots of them here or even outside the forum ,but i advise you to choose the legit and status here in forum like those who have
 running their signature campaigns here like what i am wearing.
check it out and it is for you to decide.
maybe according to him a gambling place that is still new and does not have legal legality can provide a lot of profits with a very high risk, but indeed in my opinion if the probability of profit is only 0.1% then I would be better off playing at a trusted gambling place that has clear legality.

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Darker45
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October 02, 2020, 04:20:02 AM
 #42

Personally, I don't care where the online casino I'm playing with is registered, but, of course, it counts that it is operating with a license. However, a license does not actually guarantee that the casino is well and good. In the same manner that the absence of which is also not a guarantee that the casino will fail to provide fair and fun games and overall gambling experience.

Of course, it is not enough that a casino provides provably fair games, but it is a must. It is either I gamble in a provably fair casino or not at all. But we all know the competition among provably fair casinos is very tight.

I am not an expert when it comes to investigating a casino's reputation, fairness, legal compliance, and so forth that is why I often end up playing at casinos which have already created good reputation among gamblers and reviewers. I prefer to settle with tried and tested casinos than new ones.

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October 02, 2020, 04:49:16 AM
 #43

As expected, I read different opinions about the topic.

I'm rather surprised how others are comfortable playing with unlicensed casinos as long as they have a long history of paying and serving their customers well. I'm not talking about P2P online platforms here but centralized casinos that can be shut down at anytime. dothebeats also brought up the casino owners rigging the system after a few months of establishing reputation but he didn't mention if that was licensed or not.

Some members also pointed out the importance of this forum when it comes to choosing a gambling platform. I noticed how fast the community is writing their reviews once they are introduced here.

Casino does not really offer provably fair games for they are doing their business and that is extending their house edge.
Provably fair means you can verify that the process, result or outcome isn't manipulated using blockchain.

House edge is another matter. Casinos design their system to their advantage so they could win in the long run but provably fair mechanisms should prevent them from cheating players.
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October 02, 2020, 11:36:25 AM
 #44

In choosing a gambling site, I didn't look for one that was already licensed, because many gambling sites without a license have proven fair.
So gambling that has a license is not my top priority in choosing a gambling site, I chose the gambling site based on reviews from those who
have used the gambling site. Therefore, the Bitcointalk forum is very reliable to get reviews about gambling sites, so if there is a new gambling
site, I choose to wait for other people to try it first. That way I can get reviews of the new gambling site. Actually I prefer to play online gambling
at an old casino which already has a good reputation.

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Questat
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October 02, 2020, 12:28:15 PM
 #45

Therefore, the Bitcointalk forum is very reliable to get reviews about gambling sites, so if there is a new gambling
site, I choose to wait for other people to try it first. That way I can get reviews of the new gambling site. Actually I prefer to play online gambling
at an old casino which already has a good reputation.

That's correct, we are in the forum so we should seek some feedback in the forum. Honestly, I don't gamble on gambling sites that has no Announcement thread in the forum because as per experience, sites with ANN thread here are more reputable especially for those who have active promotions and they are active on their ANN thread.

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October 02, 2020, 12:38:46 PM
 #46

That's correct, we are in the forum so we should seek some feedback in the forum. Honestly, I don't gamble on gambling sites that has no Announcement thread in the forum because as per experience, sites with ANN thread here are more reputable especially for those who have active promotions and they are active on their ANN thread.
I think ANN thread are very useful for team as well as website customer. Some gambling site allow customer to talk about their experiences and complaint on the site in an ANN thread openly and they will resolve the forwarded problem privately. I think without the ANN thread on the forum it is hard to say that they have a particularly good reputation based on forum user rating.

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plvbob0070
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October 02, 2020, 02:03:35 PM
 #47

I don't really know how casinos differ when they are registered in different countries since I don't really look at that, even the license. To be honest, I look more at the reputation of the casino if it's well established rather than their license since I go by the thinking that if they have a good reputation and a lot of players especially in the same country I'm living, then there would be no problem with license and restriction. As I can see here, I'm not the only one who does not really look after the license.
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October 02, 2020, 02:26:50 PM
 #48

Licensed is necessarily needed to operate a gambling platform this must be needed to. make sure that the customer has rights too if there is some problem that might happen if you are trying to play into gambling does not register I think it's time to think and report to take an action.

Also if you want to seek some good gambling find which is already reputable so there is no problem and also for sure they are mostly a lot of number of players because they already know how the gambling runs out with a good reputation and respect.

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October 02, 2020, 02:38:56 PM
 #49

I don't check whether the online crypto gambling site has a license or doesn't have because I don't chase anything. I only play on the recommended gambling site, and it doesn't take too long for me to quit and leave on the gambling site. Many gamblers don't check the license on the site they played, but some gambler asks the owner if they have a license or its in the process to have a license. Many gamblers want to play gambling and enjoy the game.

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October 02, 2020, 03:11:09 PM
 #50

I don't check whether the online crypto gambling site has a license or doesn't have because I don't chase anything. I only play on the recommended gambling site, and it doesn't take too long for me to quit and leave on the gambling site. Many gamblers don't check the license on the site they played, but some gambler asks the owner if they have a license or its in the process to have a license. Many gamblers want to play gambling and enjoy the game.

why play on recomended casino when you said you arent into anything . playing on recomended casino means that you are scared to loose or to get scammed  but lets not support scam and illegal sites . no need to change what your doing

asking the owner is not guarantee because they can lie and tell you that they have a license  , that is if they are illegal or dont have a license but legal and licensed casino dont need to lie because they wont get anything but bad reputation .
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October 02, 2020, 03:27:36 PM
 #51



3. That's why a forum like bitcointalk is here. You can get live reviews from the community members on real time basis.

Having a license doesn't mean a business is fair. A simple example is butstarz casino which is registered in Curacao but their reputation is really bad in bitcointalk.



100% true, what is license means to you if the gambling site has a bad reputation in the community, when it comes to gambling and investing, reputation is everything and the only thing that matters, no gambler will play in a gambling site where there are complaints on how they deal with their members.
And gamblers have Bitcointalk to thank for having a category for gambling announcement and discussions it makes things possible and easy to pick the right gambling site to play.

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October 02, 2020, 05:00:05 PM
 #52

Therefore, the Bitcointalk forum is very reliable to get reviews about gambling sites, so if there is a new gambling
site, I choose to wait for other people to try it first. That way I can get reviews of the new gambling site. Actually I prefer to play online gambling
at an old casino which already has a good reputation.

That's correct, we are in the forum so we should seek some feedback in the forum. Honestly, I don't gamble on gambling sites that has no Announcement thread in the forum because as per experience, sites with ANN thread here are more reputable especially for those who have active promotions and they are active on their ANN thread.

The owners of gambling sites are also aware of that. They know this is very respectable and influential forum so if they have good reviews here, it's very likely that they will attract gamblers to play with them. So, before you choose gambling site it's always good to check here, this is a good source of information.

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October 02, 2020, 05:17:55 PM
 #53

Like others here, I'm not also into this looking for license whenever there's a brand new gambling site here.

When they show being professional and put up efforts into how they can give the community a better impression, that's the time I can say that they might be worth putting up a test.

But if they will just pop up here, introduce the site then becomes inactive, of course it's a big no for us to use them.
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October 02, 2020, 05:41:51 PM
 #54

When they show being professional and put up efforts into how they can give the community a better impression, that's the time I can say that they might be worth putting up a test.

But if they will just pop up here, introduce the site then becomes inactive, of course it's a big no for us to use them.
If it was a new casino we would have looked through the community as we would usually get a review of the pro and con of how the site treat player as quickly as possible. I don't have much time to try all the new gambling site that are promoted through forum. On several occasion I have managed to control my desire to gamble as I have spent almost 60% of my daily income on gambling over the past 5 month. I know it's not good to continue, while for now I have to limit my money to gambling despite heavy losses.

A license may be indispensable for the player and must be valid and verifiable. I very rarely try to find out about the licensing of gambling site that I have visited, because so far I will only play on site that have proven good and reliable.

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johhnyUA
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October 02, 2020, 10:17:55 PM
 #55

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

.......

1. In fact, many people even don't know where their casino registered, but if i would play for big amounts of money, i would notice about registration. Offshore is always shady place.

2. Yes

3. I would be carefull with money i deposit their for the first time.



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

I think you don't have enough money to buy license in UK, but of course it would be a great sign to trust this service. Malta is another offshore, but expensive, so i don't think this is a good idea.

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October 02, 2020, 10:43:28 PM
 #56

Like others here, I'm not also into this looking for license whenever there's a brand new gambling site here.

When they show being professional and put up efforts into how they can give the community a better impression, that's the time I can say that they might be worth putting up a test.

But if they will just pop up here, introduce the site then becomes inactive, of course it's a big no for us to use them.
Most of the crypto gambling came here to introduce their services and very few of them are already a licensed gambling site and yet many gamblers chooses to test the water some are good without it and I also played with them and so far, I’m not experiencing any problem with those gambling site. Having a licensed means the team is so serious on doing business and they work on it so they can operate legally without violating any law, I’m not saying this is a must but if you do consider to getting it, gamblers will love it.

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October 02, 2020, 11:26:13 PM
 #57


2. Is it enough that they offer provably fair games?
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?


For me it is not enough to just provide provably fair games the casino must be still a legit and reliable one for it makes no sense playing on an unregistered and illegal gambling site. You must still settle for what is safe for better gaming experience.

When it comes to new casinos, there are certain threads and discussions in here for inquiries regarding different matter which includes gambling site recommendations and reviews to better know new sprout gambling sites to avoid getting victimized by a not legitimate gambling site so you do not have nothing to worry about it for members in the forum are open for sharing thoughts, facts and opinion that can gradually help you out deciding whether you will engage into such new casino or not.
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October 03, 2020, 11:14:47 AM
 #58

I don't check whether the online crypto gambling site has a license or doesn't have because I don't chase anything. I only play on the recommended gambling site, and it doesn't take too long for me to quit and leave on the gambling site. Many gamblers don't check the license on the site they played, but some gambler asks the owner if they have a license or its in the process to have a license. Many gamblers want to play gambling and enjoy the game.

why play on recomended casino when you said you arent into anything . playing on recomended casino means that you are scared to loose or to get scammed  but lets not support scam and illegal sites . no need to change what your doing

asking the owner is not guarantee because they can lie and tell you that they have a license  , that is if they are illegal or dont have a license but legal and licensed casino dont need to lie because they wont get anything but bad reputation .

When I said I don't chase anything, I don't chase winning or recovering my losses. I only want to enjoy the games, and by using the limited money, I hope that I can get entertain from the games. After I think it is enough to playing gambling, I will quit and leave the site, but I may be a comeback to that site in the next few days or weeks. That is how I treat gambling games because I don't want to become addicted.

The casino owner can lie to us, but as long as we know how to use the gambling games, we don't have to worry because we don't use too big money. And the best is we can control ourselves to playing gambling. A legal and licensed casino will tell the truth by showing the license to people who visit on their website because that can trust them from playing gambling on that site.

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October 03, 2020, 12:50:22 PM
 #59

One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered?

I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries.

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

.......

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

Being registered is a big thing since they will hold a rightful place in running a business. Registering the business means that they are ready to run long term and not scared to be held accountable with the things that they will be doing.
However, as gamblers, people want to be only playing at places in which they know will cater more and more people since they do not want to play with the same people over and over again unless they are known professionals

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October 03, 2020, 01:40:36 PM
 #60

This is something I just realized, I never know and never look to the license of the gambling site. I only use this forum (because I never gamble that didn't use crypto currency before) to know the reputation of the gambling site itself. If the gambling place is safe for me, meaning there is no bad reptation and scam the user I'll try to play and it otherwise. And actually I haven't known which gambling place has a good license.
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