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Author Topic: Is lack of proof a problem for you or not?  (Read 779 times)
Outhue
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April 04, 2024, 09:29:14 AM
 #81

Scammers won't be able to pay for licenses and thats a huge point for me, paying for a license is too costly I don't think that they will want to risk that much money because in the end they might not be able to scam as many people as they want.

Also even if they proceed with a licence they can be prosecuted easily if something go wrong, getting a licensse for a new casino means a tight verification from the regulators, they won't be able to escape it, just like how Sam Bankman ended up in a mess even when he had a lot of backers.

It pays to be good and it pays to be bad, the difference is that what you sow is what you will reap.

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irhact
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April 04, 2024, 10:18:29 AM
 #82

My question to all of you is ...

Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.

Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?

Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?

I have verified all the casinos that I have used for gambling to know if what they claim on their website is trustworthy. When they say they're licensed, they'll have a verification number on their website and you can use that number to confirm their license. Most scam casinos uses others license number or a fake number and it can be verified therefore to reduce the risk of getting scams by casinos, always verify everything that they claim to have done on their website.

It'll bother me if I can't verify how legit a casino is before using it. I don't trust new casino all of a sudden unless they have advertised on the forum and have a good reputation here but still I'll do some research to confirm I'm not using a scam casino. There are many reputable casinos to fall a victim to new casinos. If all casinos can get a license, it'll reduce the rate at how individual are always getting scammed.

R


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Finestream
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April 04, 2024, 11:40:54 AM
 #83

Most online casinos are said to be regulated, they claimed to have a license to operate, but experts claimed that it's stupid if there isn't any evidence of them being regulated.

My question to all of you is ...

Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.

Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?

Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?

To be honest, I don't really care whether the casino I play at is licensed or not. This is important for some people if they want to try lots of new sites that usually provide big bonuses. But I personally only use one or two sites and I don't like something complicated like creating lots of accounts. One of the casinos I often play at is Duelbits. This is a trusted casino and I have made several withdrawals without any problems. I've also used some other casinos but if it's big money I'll just try playing at Duelbits instead.

I think most of us doesn't care at all, what we look at the casino first is their reputation, if they are popular that means they have a good reputation. However, there are gamblers who are risking serious money, they are just trying to minimize the risk and making sure that once they won, they'll be able to get their money and once the casino tries to scam, they know who scam them as they have license and they can be go after with.

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April 04, 2024, 12:30:35 PM
 #84

I think most of us doesn't care at all, what we look at the casino first is their reputation, if they are popular that means they have a good reputation. However, there are gamblers who are risking serious money, they are just trying to minimize the risk and making sure that once they won, they'll be able to get their money and once the casino tries to scam, they know who scam them as they have license and they can be go after with.
I agree. No one creates a gambling site unless they have the money or a scam. Now, if they are building their reputation through high rollers playing on their website and they've shown a trustworthy effect to everyone who has a connection with them, then I bet it will be an easy task to gain a reputation without the need for proof of money or whatsoever.

The gambling license on the other hand is a good start. Any gambling platform that would want to build a business in this industry would want one first to avoid being questioned in the future. I don't really think it is that hard in this era anymore. With so many gambling sites coming out, I bet they made the requirements easier because this is an industry that is booming. They will make more if they can give out more licenses to many business owners as long as they pass the conditions.

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April 04, 2024, 12:39:00 PM
 #85

Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.

Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?
so far I have used several sites on this forum and very rarely try new sites or sites outside this forum even though I can't confirm whether my current favorite casino is truly verified but looking at the huge customer traffic on the one hand it is also running the advertising of the campaign paying large amounts and on time for me was enough to convince me to say that the casino did not have any problems.
Indeed, there may not be any guarantees, but we can all see the popular and biggest casinos here that have been around for a long time, they don't have any problems even though they have never published regarding verification.
maybe I just rely on the reputation of the casinos here to believe that my favorite casino will not commit fraud just to damage its own reputation.

It all comes back to each gambler on how to respond to this matter of license verification because sometimes, even though online sites have been verified, they also make mistakes, destroying their reputation by deceiving customers and most importantly, when it comes to online, nothing is safe except your own self confidence.
So, flashy website, lots of players, and they pay out on time. And that's your guarantee, huh? That's like thinking the loudest guy in the room's got the smartest thing to say. The online gambling scene is a jungle. All that traffic and marketing? That's camouflage, not character

You think reputation is some kind of magical shield? In this game, everyone's playing for keeps. Big names in the past have gone belly up when their luck ran out. No one's untouchable. Maybe your casino's playing it straight right now, but when big money's on the line, morals go out the window

Fact is, even the 'good' sites have been known to rig games when no one was looking. The smartest move is to never take anything for granted. Question everything. Assume they're all sharks until proven otherwise. In this world, trust is a luxury you can't afford. Your best weapon is doubt, because the house always has the edge. And sometimes they cheat to make that edge bigger

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Oilacris
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April 06, 2024, 12:18:06 PM
 #86

Most online casinos are said to be regulated, they claimed to have a license to operate, but experts claimed that it's stupid if there isn't any evidence of them being regulated.

My question to all of you is ...

Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.

Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?

Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?
There are still some sites that already licensed but ended up on scamming out their users. There are cheap licenses out there. I dont know if there are already some scam sites that
been caught and prisoned out their owners specially to those licensed ones. We do know that this market is really that decentralized whenever a platform or company would really be deciding
to become scam. For those who are that totally no license then they are really that truly anonymous and there's no chance that you would really be taking up those funds back,
not unless if they would be deciding on giving it back which it is really that an unlikely thing to happen. We do know that tons of scams that exist into this market and
this is why we should really be that observant and we should really be that careful on choosing on which platforms that we do tend to engage or play on.

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April 06, 2024, 12:22:57 PM
 #87

There are still some sites that already licensed but ended up on scamming out their users. There are cheap licenses out there. I dont know if there are already some scam sites that
been caught and prisoned out their owners specially to those licensed ones. We do know that this market is really that decentralized whenever a platform or company would really be deciding
to become scam. For those who are that totally no license then they are really that truly anonymous and there's no chance that you would really be taking up those funds back,
not unless if they would be deciding on giving it back which it is really that an unlikely thing to happen. We do know that tons of scams that exist into this market and
this is why we should really be that observant and we should really be that careful on choosing on which platforms that we do tend to engage or play on.

Afaik license is not cheap including the initial cost of having a fully operational casino software. Some casino turn into scam only here in the forum but they are still operational and promoting somewhere outside the forum scope.

Clear example here is 1xbit, coins.game and many more which the casino is still operational after being branded as scam since they need to use their license and casino to recover their initial cost on acquiring it. Unless if at least a 100K is cheap then you’re right. I’m pertaining to casino with sportsbook, slot games and live casino here.
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April 06, 2024, 02:14:02 PM
 #88

Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.
I've not verified the true regulation status of any of the casinos and companies I use. The reason is that it is a whole lot of stress to do that. Nevertheless, you raised a very good point because many companies are not what they say they are. I've witnessed disclaimers where regulators of some countries would disclaim some companies claiming they are regulated by them. This is the world we live in and many casinos will be guilty of this if investigated.

Even at that, those casinos that are truly regulated are regulated by weak regulators, so what is the difference? As long as the casino is a big name with good track and sustainable records, why not continue to deal with them? Especially if they do not treat me badly while dealing with them. It's a risk we are all taking.

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Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?
As said above, it doesn't bother me. This is simple because I go for big names like Stake.com. By that, I've reduced the risk of being duped or treated badly to a limited extent.

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Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?
Not at all. I've read so many bad reviews about some regulated companies and nothing was done about it. Regulation cannot save us! Some regulated entities cheat, manipulate and even scam their clients. Regulation is not an automatic solution to scam or cheat in gambling and businesses, it is just a way to gain trust in most businesses for more patronage. I wonder what a weak regulator will do in getting justice for the customer in case of issues. We should endeavour to find the casinos that the brains behind them are genuine, have integrity, are professional and reputable on their own, and not because they are regulated.

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April 06, 2024, 02:19:44 PM
 #89

Most online casinos are said to be regulated, they claimed to have a license to operate, but experts claimed that it's stupid if there isn't any evidence of them being regulated.

My question to all of you is ...

Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.

Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?

Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?

I don't really care about licences and all that stuff for some reason. If a website looks suspicious and not trustworthy, I just don't use it.
What I care about is the so called "proveably fair" stuff they are always advertising.

Sure they say it all super fair and such, but the math often tells a different story. It just doesn't add up for most casino games, especially for the so called "house" games.
I have seen things (losses) several times where the math says this should happen 1 time in a million tries. Yet it happens twice or even 3 times in 1 week. Of course this kind of streak would never win, just always lose.

For that reason I don't play at online casinos, it's hard to wrap my head around these crazy results. I stick with sports bets occasionally, it's harder to manipulate .  Grin

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April 06, 2024, 02:43:00 PM
 #90

Scammers will not want license and also scammers will not want to advertise..
I do not agree with you on this point, There are scam casinos that are being advertised all over Facebook and google ads, Facebook Especially has no control over the kind of ads run on its platform, that's why people are advised to beware of scam. I've come across those ones with offers for even 500% bonus. They work closely with some alleged prediction masters on Facebook and telegram, and  guess what?, you can only find the game that they predict for you on their casinos and no other one.

The target is for you to deposit into their account, and you'll see the funds reflect in the casino, you stake your games comfortably, after which even if the game wins or loss, you can't withdraw your winnings. Scam casinos does advertise, mostly ads, but their advertising budget is much lower than reputable casinos.

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April 07, 2024, 08:40:58 AM
 #91

There are still some sites that already licensed but ended up on scamming out their users. There are cheap licenses out there. I dont know if there are already some scam sites that
been caught and prisoned out their owners specially to those licensed ones. We do know that this market is really that decentralized whenever a platform or company would really be deciding
to become scam. For those who are that totally no license then they are really that truly anonymous and there's no chance that you would really be taking up those funds back,
not unless if they would be deciding on giving it back which it is really that an unlikely thing to happen. We do know that tons of scams that exist into this market and
this is why we should really be that observant and we should really be that careful on choosing on which platforms that we do tend to engage or play on.

Afaik license is not cheap including the initial cost of having a fully operational casino software. Some casino turn into scam only here in the forum but they are still operational and promoting somewhere outside the forum scope.

Clear example here is 1xbit, coins.game and many more which the casino is still operational after being branded as scam since they need to use their license and casino to recover their initial cost on acquiring it. Unless if at least a 100K is cheap then you’re right. I’m pertaining to casino with sportsbook, slot games and live casino here.
But initially everyone will use their respective licenses to gain confidence that they have been officially registered and are not gambling sites that operate illegally, it just that all of this is not cheap and costs lot.
From here, when they fail to develop well and cannot keep up with the increasingly fierce competition in the gambling business, some of these sites enter condition where there is crisis in income and the potential for bankruptcy.
Only way they take is to commit various frauds on all customers and manipulate every game that is provided, this is clearly something that is very detrimental to gamblers.
For here in the forum, I think the scam gambling sites have really been suppressed and cannot carry out any promotions anymore, considering that we haven't found them for quite a long time.

Whatever the gambling sites that are currently scams, they all initially had license that they used and it is clear that license will not guarantee anything.
I would always advise any gambler to be more careful and prioritize gambling sites that are clearly well developed and have reputation and more significant progress.

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April 07, 2024, 08:48:33 AM
 #92

People's feed back is somewhat a good factor when I check an online casino. Overall, it may not be a good factor as there can be a lot of lapses if it is about licensing ans what not.

But about licensing, it is a must for most operational casinos. Some may be starters and beginners and all they do is test out if the business will trend or not. But if it does then they sure will have to comply as most countries if it is about regulations are quite strict.



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April 07, 2024, 09:48:00 AM
 #93

A license is not a guarantee, but it does give you some degree of comfort. With how malleable things are in this world today, what you see is not always what you get.

It seems that the legality of the previous license can be ascertained. Usually, casinos have a list of licenses prominently displayed on their website, however, going the extra mile in this case is highly recommended. For example, there is a database where one can verify licenses, and regularly looking at reviews can also be educational.

The choice will always be yours. In case you are comfortable with a particular gambling establishment and don't have any trouble playing there then everything is fine. However, for individuals who value security above all else, taking the extra time to review a casino's legitimacy, read reviews, and verify their license before depositing can benefit.









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April 07, 2024, 10:10:08 AM
 #94

Most online casinos are said to be regulated, they claimed to have a license to operate, but experts claimed that it's stupid if there isn't any evidence of them being regulated.

My question to all of you is ...

Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.

Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?

Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?

The transparency and legitimacy of online casinos are crucial, not just for the players’ peace of mind but also for the industry’s reputation. Honestly, I do make an effort to verify the legitimacy of online casinos by looking for their licensing information, which reputable casinos typically display on their websites. This includes their licensing authority and license number. Additionally, I look for reviews and feedback from other players and check out gambling forums for any red flags.

Yes, the lack of proof of regulation definitely bothers me. It’s a big red flag if a casino can’t or won’t provide evidence of its licensing. This opacity can indeed open the door to scams and unethical practices, leaving players vulnerable.

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April 07, 2024, 10:14:19 AM
 #95

~
License-wise, as long as they have it then I basically would be willing to play in it. Sadly I usually only play on ones that are reviewed positively by a pretty sizeable group. I usually scour review sites, forums, and even the casino's internal user forums if they have one and read about their user experience. The pre requisite to me doing this basically is the license OP is asking about.

While it's not much in terms of responsibility, at least it's something. I've seen other casinos with licenses that turned out to being a scam after all, but at the very least, it's like a sort of level 1 kind of KYC, but in this case it's for the casino side. 

R


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April 07, 2024, 10:20:16 AM
 #96

People's feed back is somewhat a good factor when I check an online casino. Overall, it may not be a good factor as there can be a lot of lapses if it is about licensing ans what not.

But about licensing, it is a must for most operational casinos. Some may be starters and beginners and all they do is test out if the business will trend or not. But if it does then they sure will have to comply as most countries if it is about regulations are quite strict.
Know what's better for everyone of us. The proofs will push us to quickly believes the system and also know what we needs. We have to spot out the challenges we're facing and also made provision for the solid answers to our problems. We can become problem solvers in the system, its not a difficult state to hang around, does it? Reviews will determined the purpose of the casino and I'm pretty aware of the system and how it can changed our lives for the best.



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April 07, 2024, 02:45:23 PM
 #97

You must do your homework to be the brightest player at the table. Any big successes promised but kept secret? A loser move. Imagine running a beautiful restaurant without advertising your cuisine. Not logical, right? A casino must have documents to show its legitimacy. Licenses help, but I want third-party audits, user evaluations, everything. That separates winners and losers. No proof? Walk away. Just simple sense. Unverified casinos crush my gears. They're disgracing the industry. Imagine reputable companies hiding their credentials. Chaos! To safeguard oneself and others who follow the rules. We must fight scammers and help players make informed decisions. This is smart business and the proper thing to do.

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April 07, 2024, 03:15:20 PM
 #98

Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?

In terms of reducing scams or being minimized, yes it's a good start to see casinos being licensed.

Just think of it, are you willing to play in an online casino that doesn't show the legitimacy of your business? Yes, it might not be an assurance that they won't do some dirty work in the future but likely they won't consider doing that kind of bad stuff since the whole identity of the people running the site is exposed once they apply for a license.

Real people's feedback/review + licensed casinos = should be one of the priorities to look at before using a casino
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April 07, 2024, 03:41:01 PM
 #99

I believe it depends on the age of the platform mostly. If a casino platform has been around for years, has been operating very well within the industry and has a good reputation, I wouldn't be bothered or even ask questions such as whether it's regulated or licensed or not because if I'm getting what I need, why ask unnecessary questions?

However, the same can't be said for platforms that are relatively new and don't have much reputation within the gambling community. For such platforms, one might be concerned whether they will keep operating for long or not or whether they will create trouble for them or not if they are using large amounts of money for gambling.

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April 07, 2024, 06:53:52 PM
 #100

I usually avoid shady businesses and this includes casinos. OP asked if lack of proof is a problem, so I'll answer with a question.
Is lack of transparency a problem? Should it be?
IMO it should be a problem to all of us, because why lie about something that's easy to obtain? If they're lying about that, imagine what will happen when they get hacked or close to bankruptcy. They'll never tell you and delay withdrawals, so my advice is cut ties with businesses that lie and hide small things because they will surely do the same with big ones.

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