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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 1609 times)
Golftech
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October 09, 2020, 12:03:50 PM
 #121

^ 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.
though it become an issue here in forum if you are a new gambling site that will be sure questioned about the legitimacy.
but i agree on you that it doesnt need to be licensed to be consider as legit and trust worthy because we have already many of active site here in forum.
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October 09, 2020, 12:27:04 PM
 #122

It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos. And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.

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October 09, 2020, 12:38:38 PM
 #123

I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino?  Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose.

Same goes for me, license is not really mandatory, and i know the risk in playing with unlicense gambling sites. As long as it has good winrate and has high odds. Its good enough for me, because i know how this kind of business works, and how much it cost just to make a website. You need to pay the hosting, devs and marketing. So gambling owners will really have a hard time developing and growing that business, scamming people's money will all be waste of effort especially when you've gone through alot of process.

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October 09, 2020, 12:48:42 PM
 #124

It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos. And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.

Before you are going to play into a gambling website as you can see to your browser or the web page link is not secured or the browser is giving you are warning because you are trying to visit a not secured website. If we are trying to play into an online gambling website we must need to check if this is secured and has a license to make sure if you will encounter any problem with your account they can respond and not scam your money. If gambling is talking about which is like illegal gambling, for example is gambling for fun, gambling with other people you don't know, gambling house makes illegal gambling you do not need to find them a license.

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October 09, 2020, 01:43:58 PM
 #125

I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino?  Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose.

Same goes for me, license is not really mandatory, and i know the risk in playing with unlicense gambling sites. As long as it has good winrate and has high odds. Its good enough for me, because i know how this kind of business works, and how much it cost just to make a website. You need to pay the hosting, devs and marketing. So gambling owners will really have a hard time developing and growing that business, scamming people's money will all be waste of effort especially when you've gone through alot of process.
That's why for me, it's kinda safe to assume that those reputable and trusted online casinos are already licensed even without checking it because they won't be trusted by most gamblers if there are problems with their site. However, as you have said, it's hard to start this kind of business, especially building a good reputation that's why I doubt that this reputable casino will scam their customers even if they are not licensed, that's why I'm more into reputation.
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October 09, 2020, 05:15:16 PM
 #126

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?

Of course, I would like the casino to be checked by authorized persons and issued a license if everything is fair there.
However, this license is not as important as the honest reputation of the casino, which is developed over the years.
Also, for crypto casinos that make games in the blockchain and have the ability to check each bet, the license is absolutely unimportant.
What happens is that some casinos are trying to use their licenses as a way to gain trust with the community while that is not really a sign of being trusted to me because as we know there are many countries in which it is very easy to obtain a gambling license.

The best way to build trust is the old fashioned way, the casino needs to treat their customers right and not scam them, they need to try to resolve an issue with their clients as soon as possible, they need to have a nice interface, they need to pay their clients right away when they want to withdraw their money and more importantly they need to do this for years and if they can do all of that then they will earn the trust of the community.

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October 09, 2020, 06:35:32 PM
 #127

It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos.
How is asking can make you dumb? it does makes sense coz you want to know if they are operating by the book with respect to their country's laws. Although license is never a factor for me to play on gambling sites, some people want their playing ground to be licensed, to feel less anxious and of course the comfortability that it gives.

And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.
Gambling platform licensing always depends on the country they are based in, it's fine if they don't need.

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October 09, 2020, 06:55:28 PM
 #128

this seems a good topic i was thinking of how many users preferred casino with license rather than casino who doesn't have. for me license doesn't matter as long as the casino have build reputation and been running for a long time now about the new casino without license? seems a bit risky to test it out

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October 09, 2020, 06:57:43 PM
 #129

Actually the gambling license does not guarantee that the gambling site is trusted and safe to use, there are still many gambling sites
that have licenses it turns out to be scams. So the thing that matters to me is reputation, to choose a gambling site that I will use,
I choose a gambling site that has a pretty good reputation. This forum is the perfect place to find reputable gambling sites. Usually the
reviews from old members of this forum regarding gambling sites can be trusted.


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October 09, 2020, 10:29:08 PM
 #130

this seems a good topic i was thinking of how many users preferred casino with license rather than casino who doesn't have. for me license doesn't matter as long as the casino have build reputation and been running for a long time now about the new casino without license? seems a bit risky to test it out
Same here, I'd prefer a casino who build their reputation,

As long as it is legitimate and everyone who plays on that certain casino, there is no problem for me if they don't have a license. And bout the new casino without a license, it is risky especially if there is no one who can prove that they are legit.


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Yogee (OP)
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October 10, 2020, 03:12:09 AM
 #131

It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos.
How is asking can make you dumb? it does makes sense coz you want to know if they are operating by the book with respect to their country's laws. Although license is never a factor for me to play on gambling sites, some people want their playing ground to be licensed, to feel less anxious and of course the comfortability that it gives.

And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.
Gambling platform licensing always depends on the country they are based in, it's fine if they don't need.
I think you and Kelvinid are saying the same thing....that license is important and it's just common sense to ask or look for it before you play in that online casino.

Did both of you voted in the poll? Check the results. I expected more people in favor of license and reputation both present or that license is a must to be honest but that's not what the poll is saying. I also wanted to know their response to the additional questions I asked https://bitcointalk.org/index.php?topic=5279285.msg55323155#msg55323155 It looks like not many are aware of those risks.


R


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Kong Hey Pakboy
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October 10, 2020, 05:21:23 AM
 #132

this seems a good topic i was thinking of how many users preferred casino with license rather than casino who doesn't have. for me license doesn't matter as long as the casino have build reputation and been running for a long time now about the new casino without license? seems a bit risky to test it out
Same here, I'd prefer a casino who build their reputation,

As long as it is legitimate and everyone who plays on that certain casino, there is no problem for me if they don't have a license. And bout the new casino without a license, it is risky especially if there is no one who can prove that they are legit.
From my point of view, I prefer a gambling casino that has both reputation and license because it is more trustworthy and safe if a casino have both of these that sometimes you don't need to check it to know if it is safe to play. Only checking it's reputation is fine, but how are you sure that some people are not paid from promoting and reviewing casinos a good reputation who doesn't have any license.

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October 10, 2020, 05:40:00 AM
 #133

Actually the gambling license does not guarantee that the gambling site is trusted and safe to use, there are still many gambling sites
that have licenses it turns out to be scams. So the thing that matters to me is reputation, to choose a gambling site that I will use,
I choose a gambling site that has a pretty good reputation. This forum is the perfect place to find reputable gambling sites. Usually the
reviews from old members of this forum regarding gambling sites can be trusted.



I think right now it's easier to get a license so instead, it's better to find a well reputable website who is already known for good and fair gambling of course is there any member would like to play gambling which is the odd to win is so low?
Also, some of those gambling websites are already run a campaign right here and a few of them are already gained a lot of players because they have good features too.

For me when I play gambling I always consider the customer report or service, the odds, the UI, and UX.

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October 10, 2020, 10:18:13 AM
 #134

If you want to play gambling you does not need to consider the license because it's just proof of you can operate your business. There are a lot of gambling places right there goes operate without any kind of license. Some of the gamblers doesn't need that they need is to have a safe gambling house or place which are secured and already reputable to avoid them getting caught in case.
If we're you choose your best gambling places.
Question123
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October 10, 2020, 12:09:51 PM
 #135

License is very important to every business you build because it's look more legit and many people will trust to you so if a gambling sites have permit for sure high probability to have a lot of players because of the legitimacy. In reality more gambling sites here are not registered or does not any permit but still people are playing . But I suggest to everyone who are plan of having online gambling sites just make sure that you have a license in your country first before open your sites to prevent trouble because for sure a government saw that you operate a gambling through only they will fine you and possible your sites to close.
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October 10, 2020, 03:19:54 PM
 #136

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.

Yep, it is better to be careful when we want to provide the document because we never know what will happens to them. If we heard someone getting scam from the exchange, we should be extra careful, and if we use that exchange, it's better to leave that exchange before it's too late to save our funds. We can do nothing if the exchange scams us, and we will not have a chance to get our money again.

If you want to play gambling you does not need to consider the license because it's just proof of you can operate your business. There are a lot of gambling places right there goes operate without any kind of license. Some of the gamblers doesn't need that they need is to have a safe gambling house or place which are secured and already reputable to avoid them getting caught in case.
If we're you choose your best gambling places.

As long as you can playing gambling on a website that has reputations, you don't have to feel worried. I think it is our responsibility to play on the gambling site, which has a license and doesn't have a license because that is our money. We need to protect our money from anything that might happen, and if we want to play gambling, we can choose any gambling site that we want.

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October 10, 2020, 03:20:02 PM
 #137

3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?
To be very honest, I avoid any new casinos out there and rather stick to the ones that I have used in past with small amounts or they have a established thread here in the forum and some decent record. The thought behind this is that if they are not scamming people who bet more than 1-2 bitcoins then there must be no reason to for them to scam me for a few bucks and I don't bet big either so I am not really concerned about it much but yes I always look for things like legality of a casino because in case i win big, they can always hide behind shady clause and terms and conditions and ask for ID proofs which I am never comfortable providing to a online crypto casino for obvious misuse problems.

I don't bet big but then I might win something big at times from slots so it is important the casino is legal and they would never have problems paying a few hundred bucks if they are legal.
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October 11, 2020, 06:01:37 PM
 #138

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?

Of course, I would like the casino to be checked by authorized persons and issued a license if everything is fair there.
However, this license is not as important as the honest reputation of the casino, which is developed over the years.
Also, for crypto casinos that make games in the blockchain and have the ability to check each bet, the license is absolutely unimportant.
What happens is that some casinos are trying to use their licenses as a way to gain trust with the community while that is not really a sign of being trusted to me because as we know there are many countries in which it is very easy to obtain a gambling license.

The best way to build trust is the old fashioned way, the casino needs to treat their customers right and not scam them, they need to try to resolve an issue with their clients as soon as possible, they need to have a nice interface, they need to pay their clients right away when they want to withdraw their money and more importantly they need to do this for years and if they can do all of that then they will earn the trust of the community.

I have never received a gambling license so I can't say how easy it is to get one. I can only assume that obvious fraudsters will not be given a license for sure, because the licensor also values his reputation.
You said the right thing about the casino's approach to earning money. It is much more reliable to work for a long time and earn money than to cheat to snatch a small amount. However, this is a difficult path and not all casino owners want to follow it.
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October 14, 2020, 05:40:56 PM
 #139

What happens is that some casinos are trying to use their licenses as a way to gain trust with the community while that is not really a sign of being trusted to me because as we know there are many countries in which it is very easy to obtain a gambling license.

The best way to build trust is the old fashioned way, the casino needs to treat their customers right and not scam them, they need to try to resolve an issue with their clients as soon as possible, they need to have a nice interface, they need to pay their clients right away when they want to withdraw their money and more importantly they need to do this for years and if they can do all of that then they will earn the trust of the community.

I have never received a gambling license so I can't say how easy it is to get one. I can only assume that obvious fraudsters will not be given a license for sure, because the licensor also values his reputation.
You said the right thing about the casino's approach to earning money. It is much more reliable to work for a long time and earn money than to cheat to snatch a small amount. However, this is a difficult path and not all casino owners want to follow it.
Creating a new casino out of nowhere is very difficult these days after all the competition is fierce since there is a lot of money to be made and as we know success attracts success so people tend to gravitate to the old and established casinos before trying a new one, however there are instances in which a new casino may have an edge over other new casinos, like when a gambler is deciding between gambling in a casino with a license with no reputation and a casino with no reputation and no license as gamblers may feel safer playing on their casino and when given the choice they will select them.

But when compared to the rest of the casinos they are playing with a disadvantage which is why if the new casino is not innovative and does not bring something new to the table most likely it will eventually fail.

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October 14, 2020, 06:02:49 PM
 #140

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.
Exactly they just view your card and verify which means they are only verifying that who you are and your eligibility to gamble. Online casinos also do the same but we have to provide them the picture which is where the danger starts because now that they have the picture they can use the photo to make illegal accounts, use them for gambling and a lot more which ultimately means you get in trouble.

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.
Also people often forget that the employee in the online casino are temporary and while the casino itself might never had cruel intentions but the people whom you submit the identity can always keep a copy of it to themselves and later they can extort you suppose they know you are a big gambler and they can always create problems.
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