Online Gambling Court

[stadus]

Yes, the OP intention was for a good purpose but when the decentralization of cryptocurrency comes to play it's not acceptable to turn crypto gambling into a government owned operation that will serve as an online gambling court.
The gambler should do sufficient research about a gambling site before using it.

It's not completely anonymous or decentralized because most casinos now that are operating are registered, which means the regulators know the owners of the site and they can go after them if they break the terms in the license issued to them. Therefore, it's still helpful if the government will intervene to protect gamblers from scam gambling sites.

[RILWAN]

Yes, the OP intention was for a good purpose but when the decentralization of cryptocurrency comes to play it's not acceptable to turn crypto gambling into a government-owned operation that will serve as an online gambling court.
The gambler should do sufficient research about a gambling site before using it.

It's not completely anonymous or decentralized because most casinos now that are operating are registered, which means the regulators know the owners of the site and they can go after them if they break the terms in the license issued to them. Therefore, it's still helpful if the government will intervene to protect gamblers from scam gambling sites.

Most governments around the world have strict regulations on gambling and that is the. A major reason why most of the gambling sites will prefer to stay anonymous in other to avert the policy that government will bring against them.

[michellee]

At the moment it is possible to play in crypto casinos anonymously as cryptocurrencies have not yet been recognized as money. When this happens, they will all have to be regulated, and then they will automatically fall under the laws of the country where they are registered. In my opinion, this is what will happen (sooner or later).

The government can apply regulation in crypto casinos, but not all of the casinos will get regulated. In this matter, there is a chance to decentralized casinos that will still be a place for anonymous gamblers who play gambling without verification. Actually, it is a chance for decentralized casinos to always be online in the middle of the regulations from the government because they do not have to follow the rule to ask their members to do KYC. Well, their members can verify KYC but only for the player who wins so much money and the casino will not ask KYC for players who win below their limit.

[ChiBitCTy]

Certainly a noble suggestion but I’m not sure anything like this could actually be set up. I feel they are currently ran the way they are, overall, in a way that benefits each outlet to the extent of the law that benefits all parties. I’m not sure if what I’m trying to get across makes sense here, but I just don’t see enough stink being able to be put up to make change happening.

[crzy]

Certainly a noble suggestion but I’m not sure anything like this could actually be set up. I feel they are currently ran the way they are, overall, in a way that benefits each outlet to the extent of the law that benefits all parties. I’m not sure if what I’m trying to get across makes sense here, but I just don’t see enough stink being able to be put up to make change happening.

This wont happen especially if not all companies agrees on the terms and since cryptocurrency is still not legal, many countries wont participate on this if ever, there will be no international court to discuss this matter, its impossible for now. Well, if regulatory body will be created in the future that will be supported by many countries, I'm sure crypto gambling can also be included on their scope of regulation but this wont happen not until they recognize crypto as a legal tender.

[Smartprofit]

There have been so many accusations and counter-accusations on the subject matter of fraud so many players have come out with evidence of scams against some sites while the operator of those sites come up with counter-accusations that players violated their T&C.
I think it will be proper if an online accredited court is set up to judge such cases, rather than leaving them uncensored.

In my opinion, it is not online arbitration that is very useful, but a professional self-regulatory organization.  

Such non-profit organizations are created in various fields of professional activity.  For example, in the construction industry, in the field of auditing, in the field of insurance, etc.  

Online casinos can also create such a self-regulatory professional organization.  Who but online casinos are experts in the field of gambling?  There is a need to resolve disputes between gamblers and casinos.  This suggests that there is a need to develop professional industry standards.  There is also a need to enforce compliance with these standards.  

This can be done by self-regulatory professional organizations.

Such an organization can also perform the functions of an arbitral tribunal.

[Wexnident]

In my opinion, it is not online arbitration that is very useful, but a professional self-regulatory organization.  

Such non-profit organizations are created in various fields of professional activity.  For example, in the construction industry, in the field of auditing, in the field of insurance, etc.  

Online casinos can also create such a self-regulatory professional organization.  Who but online casinos are experts in the field of gambling?  There is a need to resolve disputes between gamblers and casinos.  This suggests that there is a need to develop professional industry standards.  There is also a need to enforce compliance with these standards.  

This can be done by self-regulatory professional organizations.

Such an organization can also perform the functions of an arbitral tribunal.

The said organization needs to be approved by the various countries and each of their actions and activities should be as transparent as possible. Only then would it function as a proper one that could manage and be the middle man between users and the industry that they are handling. Then again, I hardly doubt it could happen, especially when it comes to gambling. Many countries have varying views about gambling, after all, and having a central organization that manages them would probably have a lot of conflicts.

[timerland]

Certainly a noble suggestion but I’m not sure anything like this could actually be set up. I feel they are currently ran the way they are, overall, in a way that benefits each outlet to the extent of the law that benefits all parties. I’m not sure if what I’m trying to get across makes sense here, but I just don’t see enough stink being able to be put up to make change happening.

Agreed.

Certainly not feasible as a long term solution.

It takes money and resources to keep a court up and running and it requires all the major operators to buy into this thing. Otherwise, it's just going to look like a foolish exercise given that no one will respect its decisions.

[Fredomago]

Yes, the OP intention was for a good purpose but when the decentralization of cryptocurrency comes to play it's not acceptable to turn crypto gambling into a government-owned operation that will serve as an online gambling court.
The gambler should do sufficient research about a gambling site before using it.

It's not completely anonymous or decentralized because most casinos now that are operating are registered, which means the regulators know the owners of the site and they can go after them if they break the terms in the license issued to them. Therefore, it's still helpful if the government will intervene to protect gamblers from scam gambling sites.

Most governments around the world have strict regulations on gambling and that is the. A major reason why most of the gambling sites will prefer to stay anonymous in other to avert the policy that government will bring against them.

But the main reason why they are hiding is not totally the government policy but the chance of becoming scammer in the future, after gaining many players and supporters then they will attack the players by holding or banning their accounts when withdrawal takes place .
we have seen so many casino in the past and until not that has this attitude.
i will not mention one but it is obvious if we will go through scam accusation board and even in gambling section in which the victims continues crying in their respective ANN thread .

[qwertyup23]

Certainly a noble suggestion but I’m not sure anything like this could actually be set up. I feel they are currently ran the way they are, overall, in a way that benefits each outlet to the extent of the law that benefits all parties. I’m not sure if what I’m trying to get across makes sense here, but I just don’t see enough stink being able to be put up to make change happening.

Agreed.

Certainly not feasible as a long term solution.

It takes money and resources to keep a court up and running and it requires all the major operators to buy into this thing. Otherwise, it's just going to look like a foolish exercise given that no one will respect its decisions.

Not only the costs of regulation would be the problem but the jurisdiction of these courts must be adhered by the parties in question. Like what I previously mentioned, the power of these courts can only be recognized if countries signed to be bound as such. If a country ignores this, then this would render its effect somehow useless.

Like what was also mentioned, this is a noble idea in which it contained pure and innocent intentions but the implementation of this is just impossible for the time being. I just hope that there would be another solution which can be compromised from this idea.

[Silberman]

The problem is casino preys mostly small time gamblers, and this kind of people don't have money to pay attorney and stuff. Let's say they have been scammed $10k but have to pay legal fees of $100k knowing they can still lose the case and have to pay casino's legal fees. The only feasible scenario is via class action lawsuit, but that needs lots of people getting scammed (not selective scamming). Also, different jurisdiction is a problem as well.

Thus, most of the time, we can only rely on the "community action," and bitcointalk is a good place to solve this issue (in a limited way). I've been here for like 3 years and see many issues resolved by the action of the community.

This is the correct answer, people underestimate how expensive a lawsuit can become and it is obvious that almost any casino can get better lawyers than what the player can hire, so it is going to be very difficult to win the demand, and even if you do, the costs are going to be greater than what you get out of it, so doing something like what the creator of the thread suggest is simply not a good idea even if such a court could be created, something that I sincerely doubt.

[suzanne5223]

Yes, the OP intention was for a good purpose but when the decentralization of cryptocurrency comes to play it's not acceptable to turn crypto gambling into a government-owned operation that will serve as an online gambling court.
The gambler should do sufficient research about a gambling site before using it.

It's not completely anonymous or decentralized because most casinos now that are operating are registered, which means the regulators know the owners of the site and they can go after them if they break the terms in the license issued to them. Therefore, it's still helpful if the government will intervene to protect gamblers from scam gambling sites.

Most governments around the world have strict regulations on gambling and that is the. A major reason why most of the gambling sites will prefer to stay anonymous in other to avert the policy that government will bring against them.

But the main reason why they are hiding is not totally the government policy but the chance of becoming scammer in the future, after gaining many players and supporters then they will attack the players by holding or banning their accounts when withdrawal takes place .
we have seen so many casino in the past and until not that has this attitude.
i will not mention one but it is obvious if we will go through scam accusation board and even in gambling section in which the victims continues crying in their respective ANN thread .

@stadus You need to understand that everything that has an advantage will also have disadvantages. What you said against what cryptocurrency introduced and the last time I checked askgamblers has handled a lot of crypto gambling issue that has to do with payment. But in a situation when users need to be conscious, it is better to go for a reputable casino we have on this forum.

@Fredomago only some of the newbies won't understand that some casinos have gone from good to bad but the major reason why some casino hide their identity was not the intention of scamming their users though it is not possible there won't be some casino who will abuse the decentralization and anonymity benefit.

[madnessteat]

The problem is casino preys mostly small time gamblers, and this kind of people don't have money to pay attorney and stuff. Let's say they have been scammed $10k but have to pay legal fees of $100k knowing they can still lose the case and have to pay casino's legal fees. The only feasible scenario is via class action lawsuit, but that needs lots of people getting scammed (not selective scamming). Also, different jurisdiction is a problem as well.

Thus, most of the time, we can only rely on the "community action," and bitcointalk is a good place to solve this issue (in a limited way). I've been here for like 3 years and see many issues resolved by the action of the community.

This is the correct answer, people underestimate how expensive a lawsuit can become and it is obvious that almost any casino can get better lawyers than what the player can hire, so it is going to be very difficult to win the demand, and even if you do, the costs are going to be greater than what you get out of it, so doing something like what the creator of the thread suggest is simply not a good idea even if such a court could be created, something that I sincerely doubt.

The forum community can only influence those gambling sites that have a thread of announcements on this forum. Most of the casinos that engage in scams do not have their threads here so they are not afraid to lose their reputation. Of course there are many forums gambling theme which also publishes warning information about scams but not all of us pay due attention.

[Fatunad]

The problem is casino preys mostly small time gamblers, and this kind of people don't have money to pay attorney and stuff. Let's say they have been scammed $10k but have to pay legal fees of $100k knowing they can still lose the case and have to pay casino's legal fees. The only feasible scenario is via class action lawsuit, but that needs lots of people getting scammed (not selective scamming). Also, different jurisdiction is a problem as well.

Thus, most of the time, we can only rely on the "community action," and bitcointalk is a good place to solve this issue (in a limited way). I've been here for like 3 years and see many issues resolved by the action of the community.

This is the correct answer, people underestimate how expensive a lawsuit can become and it is obvious that almost any casino can get better lawyers than what the player can hire, so it is going to be very difficult to win the demand, and even if you do, the costs are going to be greater than what you get out of it, so doing something like what the creator of the thread suggest is simply not a good idea even if such a court could be created, something that I sincerely doubt.

The forum community can only influence those gambling sites that have a thread of announcements on this forum. Most of the casinos that engage in scams do not have their threads here so they are not afraid to lose their reputation. Of course there are many forums gambling theme which also publishes warning information about scams but not all of us pay due attention.

Having ANN threads doesnt automatically means that the site is legit but somehow the community could able to to identify or notice it out if a particular gambling site is a potential scam or a legit one thats why its really good to look on community feedback first and i dont really see this to be a big or major problem yet it doesnt really cost an arm and leg for you to find out these valuable infos.
As a gambler then we should really be responsible on doing that because we dont able to get scammed if you are aware of everything.

[madnessteat]

^

I understand very well how the Default Trust system works. If there is enough evidence on the forum that the platform is engaged in fraud, then its forum account will get negative feedback, which will significantly reduce attendance. This works as opposed to litigation when the platform is out of the jurisdiction of the defrauded user or their country has no laws regulating cryptocurrency activity.

[Cryptock]

At the moment it is possible to play in crypto casinos anonymously as cryptocurrencies have not yet been recognized as money. When this happens, they will all have to be regulated, and then they will automatically fall under the laws of the country where they are registered. In my opinion, this is what will happen (sooner or later).

Regulation will somewhat happen into those particular platforms but having as a whole then i dont see for it to be that to be applied in upcoming future.

This anonymous market would really be having that hard thing on tracing up everything which wouldnt really be that relevant into this manner.

But having considerations for each platform to be regulated and known before they could make out some service then its good but it cant be avoided
that there would be some out of the radar.

Certainly some casinos remain anonymous, but I think that over time most of them will have to be regulated by the countries in which they are registered.
Then everyone (actually now too) will have a choice as to whether they want to do KYC verification and play safely while protected by the law, or play anonymously, but have the risk that the casino is not fair.

[CDC AP]

Online casino gambling courts are also unlikely to be the solution. It would be very difficult and limited access to conduct physical investigations. In addition to limited legal jurisdiction, of course the listed rules that have been mutually agreed upon between the casino and gamblers are agreements that have been accepted by both parties from the start. especially the gamblers who are prepared for the risks they accept. No court would accept an offer like this just the case couldn't be proven if the casinos themselves had more courts they paid to get operations running under government protection.

[blockman]

Most governments around the world have strict regulations on gambling and that is the. A major reason why most of the gambling sites will prefer to stay anonymous in other to avert the policy that government will bring against them.

It's not about being anonymous, most of the good casinos actually have their identity and they're registered somewhere. So if you're someone who likes to play with those casinos that are still staying to be anonymous, you should stay with the others that have their reputation and don't cover anything because they're registered. If the governments are strict then that's even a reason to be registered for them and not to stay anonymous because it's part of protecting their business.

[timerland]

-snip-

Not only the costs of regulation would be the problem but the jurisdiction of these courts must be adhered by the parties in question. Like what I previously mentioned, the power of these courts can only be recognized if countries signed to be bound as such. If a country ignores this, then this would render its effect somehow useless.

Like what was also mentioned, this is a noble idea in which it contained pure and innocent intentions but the implementation of this is just impossible for the time being. I just hope that there would be another solution which can be compromised from this idea.

Yeah, exactly.

The intentions are great but pragmatically this is never going to happen.

I recall that there was a thing called the Crypto Gambling Foundation before that tried to serve as an arbitrator, but I think that their site doesn't work now. Anyone know what happened to them?

[Fatunad]

^

I understand very well how the Default Trust system works. If there is enough evidence on the forum that the platform is engaged in fraud, then its forum account will get negative feedback, which will significantly reduce attendance. This works as opposed to litigation when the platform is out of the jurisdiction of the defrauded user or their country has no laws regulating cryptocurrency activity.

So there would be no other options or something for you to be done as a user who get victimized which is really unfortunate since you wouldnt really be having any options but to move on which its not really bad on having some online court or something but just like on what others been saying or claiming then this is something a bit complicated
on arranging thing because we do actually have some several division in concern with online frauds.