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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)
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October 19, 2020, 04:29:06 PM
 #161


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.
I think no one will put their money in a gambling site that has a lot of issues, The reliability of a casino is important for the customers because that is a factor of customer that is looking for. I believe that the license just makes the casino get the standards and make the casinos avoid legal issues. I think being a reputable casino is more helpful than having a license in terms of the customer giving trust to the casino. The more reputable the casino is the more the people give a good feedback about the casino, Customers doesn't give a good feedback about the license which is more sensable that the reputation is more important.
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October 19, 2020, 05:00:22 PM
 #162

I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.

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October 19, 2020, 08:51:30 PM
 #163


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.
I think no one will put their money in a gambling site that has a lot of issues, The reliability of a casino is important for the customers because that is a factor of customer that is looking for. I believe that the license just makes the casino get the standards and make the casinos avoid legal issues. I think being a reputable casino is more helpful than having a license in terms of the customer giving trust to the casino. The more reputable the casino is the more the people give a good feedback about the casino, Customers doesn't give a good feedback about the license which is more sensable that the reputation is more important.
Building up reputation wont really be simple in any business and it doesnt really mean from time to time on having a license and we have seen circumstances where gambling sites do able to make themselve big
without any issues for people to seek out if theyre licensed or not and just simply make out their casual operations which do build up trust and credibility.Later on, when they are already gaining
some traction and attention then thats the time they do consider out on getting one which will really add up even more trust since people do always have positive approach when someone is licensed
but its up to them though because there are still places whom doesnt care much about getting one as long they do give out some best service for bettors or gamblers out there.

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October 19, 2020, 09:40:34 PM
 #164

I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.

What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time
must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then
it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license.

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October 20, 2020, 01:19:16 AM
 #165

I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.

What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time
must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then
it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license.

Perhaps, having a license can make the casino have legality, so people will see that besides the casino is a recommended casino to play gambling, that casino also has a license to run a gambling business. That can make the casino the top-notch of gambling websites, and I am sure that they will invite many more people to visit and play gambling.

Get the reputations will not be easy because the casino needs to make their customer satisfaction with their services. The casino needs to have a 24/7 support system that will always stand by to help the members. If they have problems, they can fix it quickly, so the members will not feel disturbed when they play gambling.
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October 20, 2020, 10:18:20 AM
Last edit: October 20, 2020, 10:41:37 AM by XZERO1
 #166

What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time
must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then
it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license.

It takes time to get a good reputation but it's not that hard to do that, if you are really serious about having a casino website that is going to be working for 4-5 years and you're going to accept crypto as payment or one of the payment methods all you have to do is add 1-2 games at the start to your website and only work on them specifically for a year at least (the amount of time needed can differ a bit depending on how many people are working on it) to make sure they are not buggy and fully functional and only after that you can attempt to add new games to the platform, that's why so many casino websites struggle at first, because they are trying hard to add as many games as they can at the start not caring about the functionality as much to increase their number of users not knowing it's really hard to do that when you just started specially for a small team.

Also after you added their first game you can make your own thread in this forum and people can give you reviews on your website and after a month or two if your casino website are working fine and members comments are positive your website will have enough reputation that users trust them with their money and from that point you can start gaining more and more users.
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October 20, 2020, 12:48:51 PM
 #167

Today when doing  business is better to rely on the authority to avoid getting penalized if it happen that your gambling site will receive or will get a good number of betters and a bigger profit that could get especially if it will be going to establish. In that you will be confident that  no one can threaten you especially if there are competitions happen locally in your place where mostly threatening happen both camp to get known which is really better in the competition.
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October 20, 2020, 01:48:23 PM
 #168

Today when doing  business is better to rely on the authority to avoid getting penalized if it happen that your gambling site will receive or will get a good number of betters and a bigger profit that could get especially if it will be going to establish. In that you will be confident that  no one can threaten you especially if there are competitions happen locally in your place where mostly threatening happen both camp to get known which is really better in the competition.
They have advantages of having licensed just like in gambling the owner really need to get a permit from the government because once they caught that there's no licensed yes possible penalized big amount of money and their gambling will close. Every business we create or build permit is must  before operate because it also gives for your customer or player a confident that their money is safe because licensed equals legit.
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October 20, 2020, 02:14:38 PM
 #169

I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.
Agree with your submission, we can all attest to this fact that, reputation on gambling platforms or cryptocurrency exchanges doesn't come easily like the license does (anyone can attain license base on their finances) . Mostly on this exalted forum, it took time and tenacity from gambling platforms to gain reputation from gamblers here on the forum, most of my friends outside this space do verify their gambling platforms from this exalted cryptocurrency platform.   

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October 20, 2020, 02:37:43 PM
 #170

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.
For a site to have a license is an advantage. Many gambling sites are not having any, but it would keep players away from worries if the site they are engaging their money with, is licensed, given that there are many gambling sites resulting to scam. Exit scams of gambling site is quite "noisy" these days. Maybe, a site having a license would lessen the risk of such.

But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site.

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October 20, 2020, 06:47:40 PM
 #171

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 am gambling online for a decade and i never checked about the license they are running but whenever i choose a site i always look for reputation and the longevity and whether they had any scam accusations and what are they things you need to be careful in order to gamble smoothly. All of the fiat based sites have mandatory KYC but the issue i see with crypto based gambling sites is that they will only lock your account if you keep on winning and they will try to find a way to block your winnings and i have seen many complaints regarding that but fortunately i never had those experience and i have verified my KYC in some of the casinos.
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October 21, 2020, 12:30:18 PM
 #172

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.

Reputation is always everything in any business, now if there was a way that having a valid gambling license could eliminate any kind of wrongdoings within a casino and work as an insurance for the users of those casino websites then we could consider having a license as a must but right now it has more of a symbolic value and it's kind of a bonus for a well reputable casino website and nothing more than that and no one should look at license as total immunity against any future problems.
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October 21, 2020, 01:44:46 PM
 #173

I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.
Agree with your submission, we can all attest to this fact that, reputation on gambling platforms or cryptocurrency exchanges doesn't come easily like the license does (anyone can attain license base on their finances) . Mostly on this exalted forum, it took time and tenacity from gambling platforms to gain reputation from gamblers here on the forum, most of my friends outside this space do verify their gambling platforms from this exalted cryptocurrency platform.   

Once a gambling business have a good reputation then this may serve as an edge to other gambling businesse, this may be a plus factor to attract more costumer. But like what we've said here, reputation didn't get easily. It cannot be earned by the blinked of an eye it should be earned step by step and by keeping a good business status be it a financial aspect or business name. Talking about a gambling license i only have one on my list and it is a casino and lotto and other gambling that i've wasn't licensed but they'd still operated.

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October 23, 2020, 02:49:43 PM
 #174

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 am gambling online for a decade and i never checked about the license they are running but whenever i choose a site i always look for reputation and the longevity and whether they had any scam accusations and what are they things you need to be careful in order to gamble smoothly. All of the fiat based sites have mandatory KYC but the issue i see with crypto based gambling sites is that they will only lock your account if you keep on winning and they will try to find a way to block your winnings and i have seen many complaints regarding that but fortunately i never had those experience and i have verified my KYC in some of the casinos.
That is how I also approach my gambling because one that has a license doesn't guarantee that they would not scam us and one that has no license and is running for years has good chance of running smoothly in future too. I took this lesson when I saw the dicebitco.in scam as they looked like the biggest casino on that time but they collapsed once their cheating was caught and made public.

I understand users want to verify license before they play but getting a license is seriously not a big deal and you cannot make much claims if the gambling site had a license and you get scammed by them so better to play on those sites who are running and have a good reputation here at forum because almost all of the scam casinos are busted here at forum within a few months of their operation.

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October 23, 2020, 03:03:34 PM
 #175


For a site to have a license is an advantage.

Not always.

It is not an advantage if the casino has a good reputation already. Especially if it is that shitty Curaçao license that doesn't want any players from most of the developed countries like USA or letting the casino to demand KYC in some situations.


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October 23, 2020, 03:21:32 PM
 #176

For a site to have a license is an advantage. Many gambling sites are not having any, but it would keep players away from worries if the site they are engaging their money with, is licensed, given that there are many gambling sites resulting to scam. Exit scams of gambling site is quite "noisy" these days. Maybe, a site having a license would lessen the risk of such.

But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site.
A gambling license doesn't mean they can be trusted since it's easy for casinos to get them and casinos that have these license can still scam their players one example is megadice.

Even if they're just a small gambling site a license wouldn't change. A good example of a small site that doesn't have a license is windice and during their launch they still did well.

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October 24, 2020, 09:56:10 AM
 #177

For a site to have a license is an advantage. Many gambling sites are not having any, but it would keep players away from worries if the site they are engaging their money with, is licensed, given that there are many gambling sites resulting to scam. Exit scams of gambling site is quite "noisy" these days. Maybe, a site having a license would lessen the risk of such.

But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site.
A gambling license doesn't mean they can be trusted since it's easy for casinos to get them and casinos that have these license can still scam their players one example is megadice.

Even if they're just a small gambling site a license wouldn't change. A good example of a small site that doesn't have a license is windice and during their launch they still did well.

Correct but gamblers will be more confident if they know that the gambling site they are playing with has a license. It's a must for some people, a site with a good reputation and a license for security, you know, you can't sue a gambling site with a license as you won't know where to find them.

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October 24, 2020, 10:06:45 AM
 #178

I can say that having a licence isn't guarantee that gambling site is honest and trustworthy but still it gives some kind of proof that is operating legally, for me that is also important.
However, that is not the only thing I rely on and always check other references and experience of other gamblers.

Alucard1
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October 24, 2020, 10:42:30 AM
 #179

I can say that having a licence isn't guarantee that gambling site is honest and trustworthy but still it gives some kind of proof that is operating legally, for me that is also important.
However, that is not the only thing I rely on and always check other references and experience of other gamblers.
But a gambling site that has license is more safe i think because you can go to the court and have your rights if something happened. Not like to those gambling sites that has no license because if something happened you there, you will be having no rights to complain since you managed to use their sites even if you know that they don't have license. License is everything on any business so if you have no license, you have no rights to have business and if the business you ask to have their service has no license, you also has no rights.

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October 24, 2020, 11:06:15 AM
 #180

For a site to have a license is an advantage. Many gambling sites are not having any, but it would keep players away from worries if the site they are engaging their money with, is licensed, given that there are many gambling sites resulting to scam. Exit scams of gambling site is quite "noisy" these days. Maybe, a site having a license would lessen the risk of such.

But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site.
A gambling license doesn't mean they can be trusted since it's easy for casinos to get them and casinos that have these license can still scam their players one example is megadice.

Even if they're just a small gambling site a license wouldn't change. A good example of a small site that doesn't have a license is windice and during their launch they still did well.
Yes, they can use the license to trick their members and run away with their money. Maybe the gambling owner can easily get the license from somewhere because I think if they have known people who can help them have the license, it'll be easy to get that license. But if the gambling site has a license, and they have a reputation on many websites, I think they will not try to trick their members because the gambling site is well-known as a reputable gambling site.

We can select the gambling site that we will use to playing gambling, and if we feel that the site is good, mostly after we read many good reviews about them, we can select that site to play gambling.

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