Gambling License

[Reatim]

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

for a.normal gambler like us,we dont really need to check.licenses because we are just playing small time.
Though people like me use mostly the gambling site that has been running.in this forum like those who have signature campaign.

Now there is a new open signature though "BETNOMI"  as i.believe runs their campaign in past.

This.gambling site is tried and tested already

[aioc]

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.

[bunglor]

I also notice that most of the registered gambling sites got their license in Curacao, I cannot say whether they can easily get a license there or  Curacao didn't have a strict rules in giving a license to a certain gambling sites. In my case, I didn't care whether that site is license or not as long as it can be trusted because most of the license sites requires KYC in which I really don't like.

[BTCGOLD]

Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license.

[MFahad]

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

for a.normal gambler like us,we dont really need to check.licenses because we are just playing small time.
Though people like me use mostly the gambling site that has been running.in this forum like those who have signature campaign.

Now there is a new open signature though "BETNOMI"  as i.believe runs their campaign in past.

This.gambling site is tried and tested already

Do you want to say that BETNOMI does not have a gambling license ?
Its always better to play at a site which have the gambling license. I will suggest not to deposit big amounts in unlicensed casinos.

[Ryker1]

I also notice that most of the registered gambling sites got their license in Curacao, I cannot say whether they can easily get a license there or  Curacao didn't have a strict rules in giving a license to a certain gambling sites. In my case, I didn't care whether that site is license or not as long as it can be trusted because most of the license sites requires KYC in which I really don't like.

Well, you should care, because it will start there. How could people trust the gambling site if this is not licensed casino even in Curacao.
If the online gambling company is have licensed, they are operate legally for sure and others are offshore jurisdictions can benefit from low or even zero tax. And the most important is, licensed casino have a credibility to trust users/gamblers to use your site because that how they determine how good the gambling operators are.

[Sanitough]

Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license.

I think that's mostly what people checked on a casino now, they check on the reputation rather than the license. Believe me, if we compare a casino that has an ANN thread in bitcoin, one has a license but such user has red tag and the other has no license with positive trust, I believe people would choose those who have a good reputation, just my 2 cents though.

[arwin100]

Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license.

I think that's mostly what people checked on a casino now, they check on the reputation rather than the license. Believe me, if we compare a casino that has an ANN thread in bitcoin, one has a license but such user has red tag and the other has no license with positive trust, I believe people would choose those who have a good reputation, just my 2 cents though.

Actually license or not if they will turn scam the output will be the same so I'd rather go to the casino which have long time reputation holds and give a quality services with series of promotions rather than spending my cents on the license one which doesn't have any appealing things to convince me to play at them.

But I believe license is so important but for sure gamblers will play if they like the site since we are risk takers on our own ways.

[smyslov]

Like all the other here I prefer reputation than a license, in fact many gambling casinos here operates without a gambling license and yet they are well supported and they are big here in the Crypto gambling, that's because of the reputation, they've established themselves in the community, many gamblers will not look for license but rather if the gambling site shows zero complain and if there are complaints they immediately address it.

[Rengga Jati]

Choosing the licensed casino may be the choice for everybody going in the online or event offline casinos. It is for the shake of security of their funds and involvement probably.
however, if it is a big casino, many people may not think about the license, legal or not, the important thing is that they can play, win, and also withdraw their money. that is enough.

But, if we are really looking for the right and trusted casino, we need to analyze whether they are licensed or not. And some members have answered how to know they are licensed or not.

2. Is it enough that they offer provably fair games?

fair or not? Is it important? for the winners often, they will say it is fair, but for the losers more, they will say "not fair, really".
Whatever the condition, the house may have set a certain conditions where the players can win at a certain time and it must be a certain setting. Fair or not will depend on each casino because they may also have something to do in order to not to lose much money from their gamblers.

3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

Quite difficult. but if it is an online casino and it is advertised here, I will try it with small betting. And when it is legit enough, it may continue.

[dunfida]

Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license.

I think that's mostly what people checked on a casino now, they check on the reputation rather than the license. Believe me, if we compare a casino that has an ANN thread in bitcoin, one has a license but such user has red tag and the other has no license with positive trust, I believe people would choose those who have a good reputation, just my 2 cents though.

Actually license or not if they will turn scam the output will be the same so I'd rather go to the casino which have long time reputation holds and give a quality services with series of promotions rather than spending my cents on the license one which doesn't have any appealing things to convince me to play at them.

But I believe license is so important but for sure gamblers will play if they like the site since we are risk takers on our own ways.

Same input.. i doesnt matter if they are licensed or not because what matter most here is the reputation and trust that they had gained into the community.
There are still some sites that doesnt have license but still able to get some considerable amount of players on this market which is great.People will mainly look
for sites which are fair and does really hit all the checkboxes for people to get interested but somehow having a license will really be appealing in most eyes
because they do know that if ever the site would become scam then they do have at least the assurance for some sort of recovery or compensation.

[Wexnident]

Well, a license is just something like a first wall, or the first impression to a gambler, since a licensed casino would most likely offer fair games, so you'd mostly try them out first instead of unlicensed ones, right? Gamblers don't really have much of a problem playing in unlicensed casinos imo, as long as there's no issue with their winnings, then any would do. Provably fair is the most required characteristic when gambling, since, without it, no one would really even bother playing. Licensed or not, reputation is the first thing most people would go, especially if it's an old one. New ones with license provide you with the idea that it's fair, but without any reputation to back it up, only a select few would even bother going for it.

As for new casinos, there are a lot of people that review them, not just in forums. A simple proof would be the countless amount of casino review sites out there, so if there's a new casino, wait it out for 2 weeks or so, then start looking up reviews. It should have more than enough info for you to judge for.

[carlisle1]

Like all the other here I prefer reputation than a license, in fact many gambling casinos here operates without a gambling license and yet they are well supported and they are big here in the Crypto gambling, that's because of the reputation, they've established themselves in the community, many gamblers will not look for license but rather if the gambling site shows zero complain and if there are complaints they immediately address it.

sometimes it doesnt matter if the site has licence or what but the important thing is that the site is legit and not having bad reputation.
but of course it must be a long running here already (though it is very risky if you win very huge because they can just run since they have no licence to lose)

Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license.

of course they must be reputable but the thing is what about winning a million dollar?do you think they will pay or run?

[Yogee]

2. Is it enough that they offer provably fair games?

fair or not? Is it important? for the winners often, they will say it is fair, but for the losers more, they will say "not fair, really".
Whatever the condition, the house may have set a certain conditions where the players can win at a certain time and it must be a certain setting. Fair or not will depend on each casino because they may also have something to do in order to not to lose much money from their gamblers.

I think you are mistaking "house edge" with "provably fair". You can search the meaning and the difference on the internet.

Like all the other here I prefer reputation than a license, in fact many gambling casinos here operates without a gambling license and yet they are well supported and they are big here in the Crypto gambling, that's because of the reputation, they've established themselves in the community, many gamblers will not look for license but rather if the gambling site shows zero complain and if there are complaints they immediately address it.

Can you name at least three of online casinos advertised here without a gambling license? I'm expecting an answer from you.

......

It seems the number of people who doesn't care about license is increasing based on the comments alone. I have added a poll to this topic, please respond. I wish I've done that from the start hehe.

[BuNga_cute]

For me the license is not very important in choosing a gambling site, even some of the gambling sites that I have used, I never checked
whether it has a license or not. The most important thing is reputation and reviews, if these two things have been fulfilled, I do not hesitate
to play on that gambling site. But by using a small capital first, in case it turns out the gambling site is a scams. But so far I have always
been safe choosing gambling sites based on reputation and reviews.

[peter0425]

Like all the other here I prefer reputation than a license, in fact many gambling casinos here operates without a gambling license and yet they are well supported and they are big here in the Crypto gambling, that's because of the reputation, they've established themselves in the community, many gamblers will not look for license but rather if the gambling site shows zero complain and if there are complaints they immediately address it.

i believe that becoming reputable needs also license mate,because legit gamblers will look for this first before engaging because they wanna make sure that if they win big at least they are sure of being paid or at least can go for their license banning if did not pay for the amount.
yeah we have so many gambling sites but i wanna make sure of license before playing thats my stand ever since i become a gambler.

[MWesterweele]

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

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

Indeed an attractive factor for a gambling business is having its licensed. Gambling business is more attravtive when it was registered to a highest standard licensjng gambling country. This will give a big opportunity for a business to get more costumers and gamblers. And even i am going to join gambling i would also look for a good reputation of a gambling business or its reviews and profile befor i would going to engaged in it.

[Sanitough]

Actually I don't quite sure how the other users check new casinos but for me reputation is the number one even the casino is not licensed as long as its reputation is good and games are fair then there's no problem with it just like in the case of yolodice who's been around for a long time but doesn't have license.

I think that's mostly what people checked on a casino now, they check on the reputation rather than the license. Believe me, if we compare a casino that has an ANN thread in bitcoin, one has a license but such user has red tag and the other has no license with positive trust, I believe people would choose those who have a good reputation, just my 2 cents though.

Actually license or not if they will turn scam the output will be the same so I'd rather go to the casino which have long time reputation holds and give a quality services with series of promotions rather than spending my cents on the license one which doesn't have any appealing things to convince me to play at them.

But I believe license is so important but for sure gamblers will play if they like the site since we are risk takers on our own ways.

Definitely this long term casinos will seek for license to protect their future from any legal problems.  There's a big difference from casinos which has a good reputation and has a license and those who has a good reputation but does not have a license as most people would prefer casinos with license and with good reputation. For legality purposes, license is already a must now, casinos has to ensure so avoid headaches in the operation, you know when a casino does not have a license, anytime they could be ordered to stop operation and money will be confiscated by the authorities.

[ethereumhunter]

For me the license is not very important in choosing a gambling site, even some of the gambling sites that I have used, I never checked
whether it has a license or not. The most important thing is reputation and reviews, if these two things have been fulfilled, I do not hesitate
to play on that gambling site. But by using a small capital first, in case it turns out the gambling site is a scams. But so far I have always
been safe choosing gambling sites based on reputation and reviews.

I am sure the license will help the casino gain trust from the members as they can show the license to them if they doubt if the casino is illegal. But not many gamblers will check the legal or illegal of the casino because many of them are only want to play gambling without thinking about the legality. If the casino can have a license, they will try to serve their members better, and the casino will help the gamblers who have a problem and fix it as soon as possible, so their members will not disappoint. That is related to their reputations among the other casino, so they need to get more trust from the members.

Choosing the gambling sites based on the reputations will help us avoid the scam because we don't have to worry if the sites we used will scam us.

[rhomelmabini]

For me the license is not very important in choosing a gambling site, even some of the gambling sites that I have used, I never checked
whether it has a license or not. The most important thing is reputation and reviews, if these two things have been fulfilled, I do not hesitate
to play on that gambling site. But by using a small capital first, in case it turns out the gambling site is a scams. But so far I have always
been safe choosing gambling sites based on reputation and reviews.

Well, if the gambling site has license it still do make a difference since some gamblers prefer it that way but to those who have risk appetite I think it doesn't matter to them. Just an advice just don't put your money on gambling sites that you think that gonna pull the rug anytime.

It doesn't really matter to me on the licenses at all because if the casino was running good, active on answering the community and has good reputation on the space, I ought as well to trust them. Just really my advice not putting money on the site like when you log out pull it out especially if it's huge.