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Author Topic: How much these features weigh most when you choose your favorite casino?  (Read 1428 times)
nullama
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April 30, 2023, 11:33:33 PM
 #241

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except for certain casinos that have a web3 casino base and really use the original system from web3 such as decentralization without being centralized which usually does not require any KYC when wanting to withdraw any amount and gamblers will remain anonymous by only connecting a wallet.

but usually such casinos have lower maximum betting limits than casinos that have KYC rules.

Maybe, but at the end of the day those decentralized casinos are running code from a contract. That tells you nothing about the limits they might impose.

Maybe the contract says that it's fine to withdraw up to a certain amount. Being decentralized not necessarily means that there are no limits. It simply means that the code is stored in a blockchain. That's it.

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July 23, 2023, 06:53:45 PM
 #242

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Flawless withdrawal processes are truly a gift to have when you join a gambling platform as a new member. Most of the casinos that are old wouldn't really make it a tiring process and even if there is a KYC requirement, it will be pretty smooth if you go through it with the guidance provided and give them what they asked you for without any hesitation.

But, when it comes to new casinos, it sometimes becomes a headache and you get tired of all the retries only to verify yourself if they ask for KYC before a withdrawal, you are probably in luck if their support team is friendly and quick to respond.

I think that's probably the hardest hurdle for a legit new casino. And also probably one of the tools new shady casinos use to keep your money in their platform.
If it's smooth, then people will keep coming back, even if it's new.

Well usually it's always smooth until it isn't. They need to keep appearance of smoothly running casino if they want to rug enough money. If problems start at the beginning they get only pennies for it compared to pro hustle

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July 23, 2023, 07:07:45 PM
 #243

Well usually it's always smooth until it isn't. They need to keep appearance of smoothly running casino if they want to rug enough money. If problems start at the beginning they get only pennies for it compared to pro hustle
This is called the long con or the big con, while many scammers try to get whatever they can as soon as they can, there are other scammers which concentrate on extracting as much money from their victims as possible, so it would not be rare for a scammer to set a casino and make it seem legitimate by offering a great service and eventually gaining a good reputation, until eventually and without anyone expecting it the casino turns into a scam and all the funds of their customers are lost.
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July 23, 2023, 08:42:50 PM
 #244

I agree that reputation is the most important thing, because casinos could always be the riskiest thing, you can't even sue them or you know expect any type of legal help if they end up turning out to be a scam, it is way harder.

This is why you have to trust them to be a decent place completely and that is why it is very important. On the other hand, other parts are not unimportant neither, they are of course what makes a casino go from good to great, like a lot of games, or a lot of deposit/withdraw options, rewards, support, all these matter for sure. But if the reputation is not there, then they can have all of those and still not be liked at all.

Agree. The main problem with casinos is that most of them are registered in some kind of murky offshore and for an ordinary player (who does not have millions to pay lawyers) there are no options to deal with them in court. But the reputation and presence of the community solves all these problems - if the casino starts to deceive the players, then this quickly becomes known and this worsens their business. Therefore, they themselves are interested in being as honest as possible.

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nullama
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July 24, 2023, 04:49:28 AM
 #245

~snip~
This is called the long con or the big con, while many scammers try to get whatever they can as soon as they can, there are other scammers which concentrate on extracting as much money from their victims as possible, so it would not be rare for a scammer to set a casino and make it seem legitimate by offering a great service and eventually gaining a good reputation, until eventually and without anyone expecting it the casino turns into a scam and all the funds of their customers are lost.

I can understand that for some altcoins for example, but a casino can legitimately earn a lot of money, forever basically.

There would be no point to stop being a casino, because that's just guaranteed money really.

Unless the casino is doing something out of the ordinary, like extra bonuses or something different, then I don't see the point of them stopping.

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