Gambling License

[FontSeli]

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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.

Now the competition is great in all areas of business. However, new campaigns continue to appear. There is no problem to create a new casino. All you need is good money. For good money, you will create a great website, conduct an amazing advertising campaign, and install good bonuses that will attract a lot of players from other sites. You can also buy a license for the money. So if you have money, there is no problem to create a new online casino.

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.

I know. When you enter a casino, they usually check whether you have reached the age allowed to play and whether you are not blacklisted. And this is not always done.

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.

Most often, site owners do not set a purpose to sell someone's documents. However, employees can secretly copy and sell documents on the black market.

[jostorres]

I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything.

I mean cloudbet has all the licenses one needs but they still have so many problems and same can be said about many other casinos so having license does not reflect too much trust but yes if a trusted casino has license then it brings even more trust. But really I don't care one bit if one has license as long as the games are fair and the website pays.

[Mahanton]

I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything.

I mean cloudbet has all the licenses one needs but they still have so many problems and same can be said about many other casinos so having license does not reflect too much trust but yes if a trusted casino has license then it brings even more trust. But really I don't care one bit if one has license as long as the games are fair and the website pays.

Always have the same perception towards licenses where it isnt really my main criteria on choosing up a casino because when i do saw that there were lots who had been playing then
you can presume already that it is a good once neither it does have license or not but who doesnt like on a reputable one with license? Of course it would really be a great thing and as said
or mentioned, that will bring even more trust to the platform which might add up even more players.

[Saisher]

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'm not even looking if they are registered or where they are registered all I care is if they have a good reputation in the community and what the community is saying about their platform, license is a big factor for legality but it's really the reputation that matters and that will count the most among gamblers, they want fairness and reputation on how they address issues as they come.

[Timelord2067]

I'm not even looking if they are registered or where they are registered all I care is if they have a good reputation in the community and what the community is saying about their platform, license is a big factor for legality but it's really the reputation that matters and that will count the most among gamblers, they want fairness and reputation on how they address issues as they come.

It all comes down to when you win the purse at an on-line Casino and then they renege on paying you the bag of coins you are owed because you weren't signed up properly, or from the *wrong* country or similar excuse will be when you will want to know if the Casino is Licensed or not so that you can chase after them to recoup your lost winnings.

That's usually the only time people care if the site ir License or not.

[johhnyUA]

I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything.

Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore).

And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems.

And this is where many people get tricked, it will be nice to remember recent history with 1xbet.

[Serious475]

I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything.

Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore).

And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems.

And this is where many people get tricked, it will be nice to remember recent history with 1xbet.

When you enter the world of gambling, you must also know your rights so that you wont get disappointed when something happened. If you use a gambling site that is licensed, if something happened you can go to the court because you have your rights to speak. If you use a gambling site that is not licensed then you will be having no rights since you  manage to use it even if it doesn't have license and court doesn't have a business with you.

[Yogee]

I've come to conclusion based on the comments on this thread that honest players who are high rollers would prefer licensed AND reputable casinos.

Those who play casually and bet small wouldn't care about license as long as it has good reputation. They're not going to lose big anyway even if the casino is suddenly seized by the authorities.

[Maslate]

I've come to conclusion based on the comments on this thread that honest players who are high rollers would prefer licensed AND reputable casinos.

Those who play casually and bet small wouldn't care about license as long as it has good reputation. They're not going to lose big anyway even if the casino is suddenly seized by the authorities.

Just like me actually, I don't bet a huge amount of money so if the site will do an exit scam, that's it, just end of the site but I will never get affected a lot as I only put a certain amount where I can afford to let go. The reality is, we are in crypto, even the license casinos can go dark and even if you know them since they are license, question is, would you sue them for just a small amount of money that they scam from you?

[FontSeli]

I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything.

Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore).

And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems.

And this is where many people get tricked, it will be nice to remember recent history with 1xbet.

Do you really find the strength and money to go to sue a casino in the country that issued the license? For example, the island of Curacao is very far away from you. You will need not only to come to this country but also to hire lawyers. You must be deceived by a significant amount to make sense to go there and spend money on filing a lawsuit.

[fortunecrypto]

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.

For me, a license is good because the gambling casinos just want to prove that he is compliant and he wants to shows to his clients that he is a legit gambling casino, but of course, reputation is still one of the important things that gamblers will look when they are looking for casinos to play, they don't want to have issues on the casinos they are playing like accusing them of multi-accounts or using a VPN

[maydna]

I've come to conclusion based on the comments on this thread that honest players who are high rollers would prefer licensed AND reputable casinos.

Those who play casually and bet small wouldn't care about license as long as it has good reputation. They're not going to lose big anyway even if the casino is suddenly seized by the authorities.

Just like me actually, I don't bet a huge amount of money so if the site will do an exit scam, that's it, just end of the site but I will never get affected a lot as I only put a certain amount where I can afford to let go. The reality is, we are in crypto, even the license casinos can go dark and even if you know them since they are license, question is, would you sue them for just a small amount of money that they scam from you?

That would not be a problem for us if the site finally scams us because we don't use huge money to gamble. We can accept the risk of scamming because we only search for entertainment in gambling games. Perhaps the gambling owner can ask for help from people in the dark market to solve their problem to have a license because many things can buy and sell in that market. No one will know what will happen to that gambling site, whether they have licensed or not, they are reputable gambling sites or not. But we can prevent scamming by always be careful to select the gambling site and don't use a huge amount of money to gamble.

[coin-investor]

For new casinos it's good to see a license but for old and trusted casinos I'm ok with them even without a license the reputation counts the most gamblers will easily trust and will not look for a license if the casinos have a good reputation people are more comfortable playing on their platform it's not a big issues if they do not have a license.

[Apes]

For new casinos it's good to see a license but for old and trusted casinos I'm ok with them even without a license the reputation counts the most gamblers will easily trust and will not look for a license if the casinos have a good reputation people are more comfortable playing on their platform it's not a big issues if they do not have a license.

I agree, no need do a verification or license for old trusted casino.
However, because of Online casino management is messy and almost no one is watching my opinion for a new casino they are mandatory to take security licenses etc from independent institution, taking the license is not about the security system but which puts forward the gambling algorithm because we don't want if the game provide an advantage the bookie or other people.

[codegnome]

For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.

[freedomgo]

For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.

Well, in my case, I would never deposit that big amount in a site that has no license, that's too big to lose, can't afford it.
Maybe $100 usd, max $200, I can still let go and forget if I get scam, I experienced that once in my life, lol.. so it's not new, but you are right, license is a must.

[XZERO1]

For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.

Having a valid gambling license is turning to a must for a gambling website these days and licensed gambling websites are generally more preferred, that being said not having a license does not necessarily mean that the gambling website in question is not safe to use, I used more than few gambling website that had no license but I had no issues with them because apart from the license part they had no other problems and at times they were even better than the licensed ones and had a very good reputation and were quite popular as well.

[stadus]

For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.

Having a valid gambling license is turning to a must for a gambling website these days and licensed gambling websites are generally more preferred, that being said not having a license does not necessarily mean that the gambling website in question is not safe to use, I used more than few gambling website that had no license but I had no issues with them because apart from the license part they had no other problems and at times they were even better than the licensed ones and had a very good reputation and were quite popular as well.

I can relate to that, I would always choose reputation over anything else as a site with good reputation will less likely gonna scam their gamblers,
When gambling in crypto casinos, we also have to ensure we know how to minimize the risk, take advantage on the number of casinos existing in the crypto space, don't gamble on one casino only.

As the poll says, as of now we already have 62% who voted for '

I don't care about license as long as reputable

[pilosopotasyo]

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?

License is important but reputation is everything, I will never play on an online gambling site with a lot of issues even if they have 5 license credited or displayed on their homepage, it will not help you when you encounter issues but for a gambling site that takes care of their reputation and sensitive on their reputation, they see to it that they always render fair decision on every issue.

[abhiseshakana]

Every gambler will have a different view regarding the gambling license, there are those who don't mind this and there are some who consider the gambling license important.

But if there a new casino and they already have a license, then this will be a selling point in attracting potential customers because gamblers will feel safer when they play using their platform (although this does not fully guarantee that the casino will not do a scam).

Especially for a reputable casino that also has a license, a casino like this, it is like sugar surrounded by ants because every gambler will like it.