SinMore (OP)
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March 25, 2024, 10:11:11 AM Last edit: March 25, 2024, 10:22:00 AM by SinMore |
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Greetings everyone, I'm new to this vast forum, and I must admit, it's a bit daunting. However, I have something to share regarding a particular online casino that may pique your interest. For now, I'll refrain from mentioning the casino's name to ensure an unbiased examination of the issues at hand. Many of us may assume that all online casinos are essentially the same, making the choice of where to play seem inconsequential. However, this assumption is misguided. Casinos employ various tactics to extract money from players, often by touting the superiority of their games and the legitimacy of their software, backed by monthly audits from reputable gaming auditors. No one wants to feel cheated out of their earnings, so we naturally place our trust in assurances of fair play. But should we? Let me shed some light on a glaring discrepancy. https://www.lincolncasino.eu/pages/certified-fair-gambling While the casino proudly asserts that all table games, including blackjack, video poker, and keno, undergo audits for fairness, a closer look reveals a different story. https://www.lincolncasino.eu/cms/images/CFG/RTP%20-%20Lincoln%20Casino%20-%202024-02.pdf The overwhelming majority of the casino's offerings—namely, its slot machines and blackjack remain unaudited. In fact, only a meager 5% of the games are subjected to scrutiny. It's far from the comprehensive fairness promised by the casino. But wait, there's more. Upon further exploration of their website, I stumbled upon the "winners circle" page, https://www.lincolncasino.eu/winners-circle showcasing the extraordinary winnings of certain players. One individual, Sydney, stands out with mind-boggling payouts, one payout of $37,650.00 on a $10.00 bet equaling a payback percentage of 376500% that raise eyebrows. Are these winnings within the realm of normalcy, or do they hint at something more dubious? Furthermore, it's concerning that this casino operates without a gaming license or fails to disclose it publicly, alongside neglecting to audit a staggering 95% of its games. Now, I pose a question to the community: Are we comfortable with these practices? And if not, what steps should we take next? These are cropped pics of the links above so you won't have to click them https://i.postimg.cc/NGJ3vs62/lc1.jpghttps://i.postimg.cc/q7dp9JsH/lc2.jpghttps://i.postimg.cc/FzxPsxqx/lc3.jpg
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Davidvictorson
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March 25, 2024, 10:17:58 AM |
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Furthermore, it's concerning that this casino operates without a gaming license or fails to disclose it publicly, alongside neglecting to audit a staggering 95% of its games.
Now, I pose a question to the community: Are we comfortable with these practices? And if not, what steps should we take next?
In my estimation, a casino that is not registered or license can do what they can, however they can and to whoever they can without the fear of being sanctioned. They are not under regulating body so no they do not play fair or by the rules that governs other casino operators. Avoid unlicensed casinos, they will scam you out of your winnings with ambiguous rules and there is nothing that you can do. I wouldn't be comfortable there and won't refer them to anyone. If you are not comfortable there, you next step is to look for registered casinos. There are so many license casino out there, you can check the forum for some of them. You are at least 90% safe patronizing them than unlicensed casinos. By the way this is a gambling board topic. Move it there.
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Oshosondy
Legendary
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Activity: 1442
Merit: 1131
Gamble responsibly
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March 25, 2024, 10:50:23 AM |
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Many of us may assume that all online casinos are essentially the same, making the choice of where to play seem inconsequential. However, this assumption is misguided. Casinos employ various tactics to extract money from players, often by touting the superiority of their games and the legitimacy of their software, backed by monthly audits from reputable gaming auditors. No one wants to feel cheated out of their earnings, so we naturally place our trust in assurances of fair play. But should we?
On a neutral ground, just know that reputable and well established and all good casinos and other gambling sites have house edge. What gamblers avoid are fake gambling sites. But if you think you can beat the casinos in games, just know that you are deceiving yourself. No matter how a good casinos are, even with license and how old they are with great reputation, nearly all gamblers will always notice that they are losing while the casino will be making money and be able to pay their workers and make their servers, buildings and other things they have to remain better. On this forum, we have many reputable casinos and which I think most of us are using them to gamble.
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Agbamoni
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March 25, 2024, 11:31:55 AM |
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Furthermore, it's concerning that this casino operates without a gaming license or fails to disclose it publicly, alongside neglecting to audit a staggering 95% of its games.
Now, I pose a question to the community: Are we comfortable with these practices? And if not, what steps should we take next?
In my estimation, a casino that is not registered or license can do what they can, however they can and to whoever they can without the fear of being sanctioned. They are not under regulating body so no they do not play fair or by the rules that governs other casino operators. Avoid unlicensed casinos, they will scam you out of your winnings with ambiguous rules and there is nothing that you can do. I wouldn't be comfortable there and won't refer them to anyone. If you are not comfortable there, you next step is to look for registered casinos. There are so many license casino out there, you can check the forum for some of them. You are at least 90% safe patronizing them than unlicensed casinos. By the way this is a gambling board topic. Move it there. How is it possible that a casino company would bypass the process of registering in the government? I thought it was something mandatory in every country that any new casino platform must sign an agreement with the government which would make the citizen to trust the company. However, your right. Any casino that has not passed registration process is not to be trusted. Even if it's not their intention to scam people that would use the platform it would be seen like a scam platform. I cannot recommend such platform i know because i would be held responsible if things go south.
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Text
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March 25, 2024, 11:32:40 AM |
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For me, operating without a gaming license and failing to disclose it publicly is a serious red flag. Licensing ensures that casinos adhere to strict regulations and standards, including fair gaming practices and player protection measures. The absence of such transparency casts doubts on the casino's legitimacy and commitment to ethical conduct. Every online casino should display a valid gaming license for player trust and security. That's why I prefer to play only at reputable casinos with transparent practices, reputable and proven licenses, independent audits across all games, and a proven track record or history of fair play/gaming.
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mindrust
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Activity: 3248
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March 25, 2024, 11:41:42 AM |
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Upon further exploration of their website, I stumbled upon the "winners circle" page, https://www.lincolncasino.eu/winners-circle showcasing the extraordinary winnings of certain players. One individual, Sydney, stands out with mind-boggling payouts, one payout of $37,650.00 on a $10.00 bet equaling a payback percentage of 376500% that raise eyebrows. Are these winnings within the realm of normalcy, or do they hint at something more dubious? Many casinos did or are still doing this type of unethical stuff. It is not something new. You might not believe it but some of the oldest and most trustworthy online casinos did the same thing years ago. (I am not pointing any fingers ) Since it is not really possible to prove these winnings, they can lie easily. Furthermore, it's concerning that this casino operates without a gaming license or fails to disclose it publicly, alongside neglecting to audit a staggering 95% of its games.
On the contrary of what everyone believes, a gambling license isn't always necessarily a good thing for the player. These casinos don't get these gambling licenses because it is beneficial to the player. (even though sometimes it is) No. It is mostly because they don't want to get in trouble with the governments. If getting a gambling license made a casino honest, then we wouldn't be seeing any scam accusations... but we do and all of those casinos have a license. Having a license doesn't stop the scams automatically.
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Beparanf
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March 25, 2024, 11:43:06 AM |
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Crypto Casino usually use games from 3rd party game providers which means most of the casino has a similar games here. There’s no way a single casino can rigged their games because they don’t have any control of it except for house games which is the only games casino created by themselves.
I believe this topic is only for those online casino or physical casino that has their own game software which they can modify it on their own but this is not possible on crypto casino that use similar game providers. The only tactics some casino use to take advantage with their player is their ToS rules that gives them total control on every cases against players.
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swogerino
Legendary
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Activity: 3150
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Leading Crypto Sports Betting & Casino Platform
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March 25, 2024, 12:15:53 PM |
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First of all you should check before hand as how trusted and reputable the casino is before going to play there.It is better to play in a casino which stands behind their statements regarding the provably fair in their games.Also one must be willing to trust the casino in where he decides to play and specifically I am referring to slot machines which nowadays it is easy to change the RTP of the slots.Once these steps are accepted only then start playing.
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alani123
Legendary
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Activity: 2394
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Leading Crypto Sports Betting & Casino Platform
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March 25, 2024, 12:38:21 PM |
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Let's be realistic,
in this day and age casino licenses aren't very meaningful. Unless you are you domiciled in a jurisdiction where a casino license was issued. Many casinos will have a SUB-license issued to them only for there to be something in their website's footer. Not much more.
Now about this specific casino, we can't be sure. The thing is, if they wanted to prove that their games are fair, they could simply offer provable fairness verifications for each one of their rolls. If they don't care to do that, it's a trust based matter. In fact, even for every spin in slots through any major online casino, you'd have to be trusting Evolution Inc. for their fairness. Because they might say randomness is guaranteed, but there's no way for them to prove it, as their games are not provably fair.
So all in all, I'd say just stay away from this casino. But if you want to pick apart everything like you do here, care more about proper provable fairness over just licenses and guarantees.
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coin-investor
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March 25, 2024, 12:42:23 PM |
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Crypto Casino usually use games from 3rd party game providers which means most of the casino has a similar games here. There’s no way a single casino can rigged their games because they don’t have any control of it except for house games which is the only games casino created by themselves.
I believe this topic is only for those online casino or physical casino that has their own game software which they can modify it on their own but this is not possible on crypto casino that use similar game providers. The only tactics some casino use to take advantage with their player is their ToS rules that gives them total control on every cases against players.
I don't know what the intention to pointing out a particular unknown casino to the community when based on his post he generalized the practice, he posted that he would not mention the name of the casino but he did mention it after a few paragraphs Casinos employ various tactics to extract money from players, often by touting the superiority of their games and the legitimacy of their software, backed by monthly audits from reputable gaming auditors. No one wants to feel cheated out of their earnings, so we naturally place our trust in assurances of fair play. But should we? I agree that casinos use third-party software so it should be the software that should be questioned if there is rigging going on, checking on the platform it looks like they are using third-party software, and about the winning circle page OP should ask the casino for proof first before making an allegation that they are manipulating the winnings of their winners
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bitbollo
Legendary
Offline
Activity: 3248
Merit: 3499
Nec Recisa Recedit
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March 25, 2024, 12:42:54 PM |
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show and promote winners is always a practice that any bookmakers or casino will realize. nothing wrong with these. I am pretty agree... if they don't advertise "win people" what they should promote?
License, for crypto isn't an issue. But of course I prefer to play in a gambling site that has some license. Unless they are very famous and active since a while. Audits on games are a must. But also auditors must be "trustable" otherwise it's just a waste of time...
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slaman29
Legendary
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Activity: 2646
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Livecasino, 20% cashback, no fuss payouts.
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March 25, 2024, 01:21:53 PM |
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Well man, I got news for you. It's not just casinos all businesses try tactics to make profit, many are unethical.
Just look at altcoins lol. 99% are saying so much shit that either cannot be proven or are even complete lies
Your job, in crypto and in gambling is to do your own research.
Provably Fair and Decentralized is one of the worst lies in crypto and gambling. Just because it says so, doesn't mean it's so. If you can prove for yourself do it. If you cannot, then know your risk.
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panjul07
Legendary
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Merit: 1353
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March 25, 2024, 01:59:23 PM |
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show and promote winners is always a practice that any bookmakers or casino will realize. nothing wrong with these. I am pretty agree... if they don't advertise "win people" what they should promote?
License, for crypto isn't an issue. But of course I prefer to play in a gambling site that has some license. Unless they are very famous and active since a while. Audits on games are a must. But also auditors must be "trustable" otherwise it's just a waste of time...
Showing big winners is exactly a very common used method by casino, because it is what attract potential players to come and play. Just like on other industries, lets say food industry then the advertising method is something to show how delicious the food is. I will not say something like this is unethical, business needs to be advertised effectively but of course if there are too much fake things in the advertisement, it can be said as an unethical then. Coming up license, it is not important thing for me because most crypto casinos in the industry had no license in the past and the new era with license come later. I'm not sure about audits and how it will work, but I think it is something that will never happen in gambling industry.
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Mia Chloe
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Activity: 336
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Math + Code = Blockchain 😁
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March 25, 2024, 02:05:04 PM |
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show and promote winners is always a practice that any bookmakers or casino will realize. nothing wrong with these. I am pretty agree... if they don't advertise "win people" what they should promote?
License, for crypto isn't an issue. But of course I prefer to play in a gambling site that has some license. Unless they are very famous and active since a while. Audits on games are a must. But also auditors must be "trustable" otherwise it's just a waste of time...
I don't think it is unethical to promote a business except the business is obviously a scam one. It's a normal practice for casinos to carryout advertisements of different kinds especially lastest fancy wagers and most especially winners, their winning stake and the wins the achieved. However licence for crypto could be seen more as a regional issue rather than a general issue. This is due to the fact that not all countries actually accept or legalize the use of crypto currencies for payments and other transactions. However I guess most casinos rather host and base their casinos in countries that have less conjested laws against crypto than trying to host them in countries that don't support crypto. At the end of the day people in those regions can access those casino services online.
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Apocollapse
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March 25, 2024, 02:05:49 PM |
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There's no way to handle unethical casino, what you can do is to minimize the casino turns to be unethical.
Here are the criteria: 1. Have an ANN thread in this forum. 2. Either have active advertisement or active representative. 3. Check the representative's feedback. 4. Check how long the casino was been here and read the last few pages of the ANN thread.
The probability they will scam is low if you follow my advice before choose a casino.
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moneystery
Full Member
Online
Activity: 686
Merit: 165
★Bitvest.io★ Play Plinko or Invest!
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March 25, 2024, 02:07:33 PM |
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For me, operating without a gaming license and failing to disclose it publicly is a serious red flag. Licensing ensures that casinos adhere to strict regulations and standards, including fair gaming practices and player protection measures. The absence of such transparency casts doubts on the casino's legitimacy and commitment to ethical conduct. Every online casino should display a valid gaming license for player trust and security. That's why I prefer to play only at reputable casinos with transparent practices, reputable and proven licenses, independent audits across all games, and a proven track record or history of fair play/gaming.
i agree that casino platforms that have a gaming license are much better than those that don't. because having a gaming license allows the platform to operate more securely and be regulated under the authority. having a license also allows users to play safely and the potential for fraud by the casino is also much lower, because there will be regular checks by the regulator. even though there is no guarantee that a platform with this license will not have problems, at least it is much better.
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Rruchi man
Legendary
Offline
Activity: 1288
Merit: 1086
Bitcoin Casino Est. 2013
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March 25, 2024, 02:13:06 PM |
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One individual, Sydney, stands out with mind-boggling payouts, one payout of $37,650.00 on a $10.00 bet equaling a payback percentage of 376500% that raise eyebrows. Are these winnings within the realm of normalcy, or do they hint at something more dubious?
Furthermore, it's concerning that this casino operates without a gaming license or fails to disclose it publicly, alongside neglecting to audit a staggering 95% of its games.
Now, I pose a question to the community: Are we comfortable with these practices? And if not, what steps should we take next?
Immediately you become a feel uncomfortable with the services rendered by casino, the next line of action should be to find another casino to gamble on where your concerns are addressed and you feel more comfortable. There are many names on the list of reputable casinos, if you suddenly feel uncomfortable with one, try another.
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Awaklara
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March 25, 2024, 02:14:25 PM |
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If you were a gambler, would you play at an unlicensed casino with your big money? I think not. Of course, you will play at a casino with a good reputation. Whatever funds you deposit and the funds you win, there will be no problems if you are at a trusted casino and there are no errors in your account. there will be no tactics to create a casino, you can just enjoy the game and have fun. Don't force yourself too much to keep hunting for big wins with lots of tactics. it can please your situation.
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cabron
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March 25, 2024, 02:17:18 PM |
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The suggestion about casinos having the transparency of their bankroll could somehow be a good thing for it can give a warning to the users of what might come regardless of whether the casino is licensed or not.
But most of the time, it's the unlicensed that you truly need to avoid. In several instances already we saw how the scam started and if they collaborate with users so they win and then split the money, I guess getting evidence for this will be close to impossible. So its best to just avoid.
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Slow death
Legendary
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Activity: 3010
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
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March 25, 2024, 03:52:26 PM |
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Well, this casino seems to me like they like to lie a lot, they say they are a casino that started operating since July 2013. It seems to me that it is a lie, I have never heard of this casino before, it seems to me that it is a casino that started operating in 2016 based on the reviews I saw, so in my opinion this is what they wrote on their website: Lincoln casino was launched in July 2013 with a view to offering 'online gaming at its best' for the discerning player looking for the finest in slots, table games, Blackjack and video poker as well as industry leading tournament play across of variety of games. In my opinion this is a big lie they are telling source: https://www.lincolncasino.eu/pages/about-lincolnIn my opinion this is a big lie that they are telling, they probably started operating in January 2014 but as a fiat casino only, I say this because of these articles that they themselves paid for on these sites: https://www.pr.com/press-release/635664https://www.webwire.com/ViewPressRel.asp?aId=184995Regarding the casino's reputation, I must say that this is a scam casino, just look at the number of comments of scam accusations that exist against them in these link: https://www.trustpilot.com/review/lincolncasino.euwe can see more here: https://casino.guru/Lincoln-Casino-review#tab=js-tab-reviewsClearly this is a scam casino and therefore people should stay very far away from this casino. good and old casinos undoubtedly become popular because the trend is that people comment very well about them, so good and old casinos become known in all corners of the internet, while old scam casinos are not very well known on the internet , they end up with some accusations of scam, which is the case with this casino you posted. so I hope you don't use this casino scam and I hope everyone stays away from this casino scam Now, I pose a question to the community: Are we comfortable with these practices? And if not, what steps should we take next? The only thing people should do is not use scam casinos and this type of dishonest practice. thinking that the government will punish the casino that has carried out this type of dishonest practice is making a lot of mistakes, these scammers create casinos and the owners are anonymous, so governments do not punish them because it requires a lot of human resources to keep investigating them and the Governments have other more serious crimes that they focus on solving and as they are unlicensed casinos, it becomes more difficult to find the scammer, which is why the only solution is for people to stay away from these scam casinos.
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