Don't trust a casinos without a license

[Julien_Olynpic]

Unlicensed casinos are certainly dangerous because they can lead to losing money. However, licensed casinos aren't much different, and you'll still lose money there, lol. So if your goal is simply to have a good time and experience the thrills, and you understand you'll still be paying for it, then I don't think it makes any difference whether you lose your money at a licensed casino or an unlicensed one. After all, I personally wouldn't feel any better knowing I lost money at a licensed casino, lol.

[Samlucky O]

I recently noticed an online casino that looks very likely to turn into a scam. As far as I can tell, they don’t even have a proper license, and there’s no clear TOS like most legit casinos have. It’s basically just trust us and play which some gamblers find convenient, but on the other side, that’s already a red flag for me. Still, no one really criticizes them until something bad actually happens.

And right now, that feels really risky, at the very least, players should be checking a casino’s license before depositing.

That's true, it's really feel risky gambling on a Casino that has no TOS or no lancense. They can disappear someday without a trace, and that is a red flag for them. Those that are gambling with such casino are just taking unnecessary risk of losing fund one day. For me I can't afford to risk my fund in such Casino knowing true well that they may decide to go away with my fund without trace. It's definitely a reg flag and not something to to put hopes on.

[Don Pedro Dinero]

That's true, it's really feel risky gambling on a Casino that has no TOS or no lancense. They can disappear someday without a trace, and that is a red flag for them. Those that are gambling with such casino are just taking unnecessary risk of losing fund one day. For me I can't afford to risk my fund in such Casino knowing true well that they may decide to go away with my fund without trace. It's definitely a reg flag and not something to to put hopes on.

It's a shame because a decade ago it wasn't like that. Many casinos didn't have licenses or ToS, and they didn't usually cause problems. But today, if I think about the few that remain, one would be freebitco.in, which has become a exit scam, and others are the Lightlord casinos, which are also crap. This backs up those who want strict regulation of bitcoin and casinos.

[jcojci]

If you see the online casino like that, you don't have to use it. That is your prevention from the scamming casino because you don't have much info. Instead taking the risks of scams, we should leaves the casino and search for the others.

We don't know when the casino will scams. But if we can be careful selecting the casino, we will not getting scam by them. We will feels safe from the scam casino because we secure our funds and not playing gambling on their casino.

[FinneysTrueVision]

There was a time where you could still find some really good casinos who did not have a license. Things have changed as crypto has become more regulated. A license doesn’t automatically mean there is no risk, in fact many licensed casinos have scam accusations, but it does show some commitment when you are willing to invest money and effort into acquiring one. I wouldn’t expect a licensed casino to do a quick exit scam like what Betmoco is suspected of doing.

I’d like to believe there are still unlicensed casinos who don’t have shady intentions and just want to respect their users’ privacy, but they have to be held to very high standards and build a reputation over a long time to get people to trust them.

[YOSHIE]

A license doesn’t guarantee they won’t scam, but it definitely lowers the risk compared to platforms with zero transparency.

Of course, fraud in the world of gambling is another matter, we have to understand what a license is, fraud and a license have nothing to do with it. even though these online casinos have valid legal documents issued by certain authorities that regulate gambling platforms that can operate in certain jurisdictions.

Fraud can occur because there is an intention and opportunity that online casinos want to carry out, that's why we are often reminded not to place large bets, every online casino that is fraudulent has many ways to deceive its users.

[Shinpako09]

Absolutely not. If they can't even afford to take a license, it means they don't have the ability to pay big wins as well. A legitimate casino knows how important a license is when it comes to reputation. So, what others do right before they launch is get a license. Nowadays, even if the owner doesn't have shady intentions, it would still be hard for them to build their reputation. Who knows, they might turn into a scam later once they can't keep up with withdrawals.

[Kelward]

Licence is a form of assurance that a casino will play by the rules of certain regulations and it limits them from taking advantage of gamblers because they are monitored because of licencing. A casino that is not licenced is already a red flag for scamming gamblers, they might be genuine but there is no how gamblers on their site will know except if they gain trust. There are lots of reputable licenced casinos around so I don't see a reason why I should leave them and be trying out unrecognized and unlicenced casinos, reputation matters in the gambling industry.

[Mandoy]

I recently noticed an online casino that looks very likely to turn into a scam. As far as I can tell, they don’t even have a proper license, and there’s no clear TOS like most legit casinos have. It’s basically just trust us and play which some gamblers find convenient, but on the other side, that’s already a red flag for me. Still, no one really criticizes them until something bad actually happens.

And right now, that feels really risky, at the very least, players should be checking a casino’s license before depositing.

That's true, it's really feel risky gambling on a Casino that has no TOS or no lancense. They can disappear someday without a trace, and that is a red flag for them. Those that are gambling with such casino are just taking unnecessary risk of losing fund one day. For me I can't afford to risk my fund in such Casino knowing true well that they may decide to go away with my fund without trace. It's definitely a reg flag and not something to to put hopes on.

A casino that does not have a legitimate license and Terms of Service is already indicating several red flags. An appropriate license at least has some form of control and there is someone to whom players can complain in case of any malpractice. In case of absence of license and TOS, the players are not protected at all and there are no clear provisions regarding withdrawals, dispute or closing of their accounts. That allows the operator to do whatever he pleases or even vanish away with the user money. A lot of the fake casinos sound pretty initially with bonus and sleek design, yet, it is transparency to which it is important. Before you deposit any money, it is always better to check the license, terms of usage and reputation.

[Bitinity]

Seems that most people here take a license as a must thing to have by casinos, while in fact most casinos were unlicensed in the early years and many casinos can be trusted although they were unlicensed. Personally, I dont care about license since it does not give me any benefits as a gambler and it is also a fact that there are some licensed casinos which turned into scam eventually.

[Anayochukwu]

Of course, as a gambler that don't want to have any issues in the future would definitely be more careful when dealing with unlicensed casinos because obviously they seems irresponsible and there's a high possiblity that such casinos might likely result to more losses at last. However, I think it's necessary to avoid unlicensed casinos on time because already gambling involves higher chance of losing so it will be very bad to experience the two things at the same time.

[Zadicar]

I recently noticed an online casino that looks very likely to turn into a scam. As far as I can tell, they don’t even have a proper license, and there’s no clear TOS like most legit casinos have. It’s basically just trust us and play which some gamblers find convenient, but on the other side, that’s already a red flag for me. Still, no one really criticizes them until something bad actually happens.

And right now, that feels really risky, at the very least, players should be checking a casino’s license before depositing.

A license doesn’t guarantee they won’t scam, but it definitely lowers the risk compared to platforms with zero transparency.

Come to think that crypto casinos boomed up and all of them had started on having no licenses on which it turned out that there's a demand into it. If we do tend to look up with those OG casinos now on which wayback they are unlicensed but the time came when regulation becomes tight and now they've been that getting their licenses if they are that wanting for their business to continue to run on which actually its not that shocking on this case. Now most of casinos are already licensed and people or crypto people will be looking for someone who do have licenses to be some sort of having that kind of credibility but of course we do know that having licenses isnt everything on which it wont be that making or remove the possibility for a casino to become a scam but somewhat having these things could be able to trace them up at least.

So whenever you do see a new casino and having  that no license then it would be that solely on your own discretion whether you would be making up a deposit or not. Its just common sense that you wont be making up some all in deposit on a newly launched casino specially if it doesnt have license.

[Frankolala]

To avoid any regrets in future, it's good to avoid any casino without a license because they can easily pull an exit scam if they have reached their target. If you use an unlicensed casino be ready for whatever risk that is attached to it and don't deposit big amount of money into such casino. I don't know how a casino without a license can build their reputation because it's already a red flag to me.

[Rabata]

There are many who are very interested in that casino just because of the simple rules, but they must know that casinos that do not have any legitimacy can cheat gamblers at any time. Before registering at the casino, the gambler must read the TOS of that casino well. If you do not get too excited about any promotion, but rather take the time to observe the casino well, then it is possible to stay safe from being scammed. Having a license in a casino means that there is a regulator. If the casino tries to cheat, appropriate action is taken against it. But in the case of those who do not have a license, you have to bet only on trust.

[Ever-young]

To avoid any regrets in future, it's good to avoid any casino without a license because they can easily pull an exit scam if they have reached their target. If you use an unlicensed casino be ready for whatever risk that is attached to it and don't deposit big amount of money into such casino. I don't know how a casino without a license can build their reputation because it's already a red flag to me.

The truth is that not every gambler actually goes through the process of checking or verifying whether or not a casino is licensed. Some gamblers don’t even know how to check for these things. As long as they have a pretty shiny user interface and they’re sure that the casino is actually paying winnings, they’re good to go. But they fail to realize that checking if a casino is licensed should be one of the essential requirements for choosing a casino to gamble on.

[Awaklara]

It’s basically just trust us and play which some gamblers find convenient,

I am sure a casino like that will not be able to compete with casinos that are already popular. Especially if that casino is a newcomer in this business, even those who are licensed and appear very professional need to work hard to compete in this market. They ask gamblers to trust them, but they themselves do not seem trustworthy. How will they get customers?

[eisen33]

I recently noticed an online casino that looks very likely to turn into a scam. As far as I can tell, they don’t even have a proper license, and there’s no clear TOS like most legit casinos have. It’s basically just trust us and play which some gamblers find convenient, but on the other side, that’s already a red flag for me. Still, no one really criticizes them until something bad actually happens.

And right now, that feels really risky, at the very least, players should be checking a casino’s license before depositing.

A license doesn’t guarantee they won’t scam, but it definitely lowers the risk compared to platforms with zero transparency.

If you are playing with small amounts of money, the risks for you will remain roughly the same in any casino, whether it is licensed or not. Moreover, there are cases where even licensed casinos are managed unfairly by their owners, and their terms and conditions are always interpreted in the casino’s favor, no matter what kind of dispute arises. Therefore having a license does not always help you resolve controversial situations.

[ultrloa]

I recently noticed an online casino that looks very likely to turn into a scam. As far as I can tell, they don’t even have a proper license, and there’s no clear TOS like most legit casinos have. It’s basically just trust us and play which some gamblers find convenient, but on the other side, that’s already a red flag for me. Still, no one really criticizes them until something bad actually happens.

And right now, that feels really risky, at the very least, players should be checking a casino’s license before depositing.

A license doesn’t guarantee they won’t scam, but it definitely lowers the risk compared to platforms with zero transparency.

With those kind of set up they have its kinda sus to trust them especially if they can present at least those minimum things what people need to look at on their site.

If they don't have clear TOS meaning that is not really serious to stay long on business. Maybe the intention of the owner is to launch a scam casino then shutdown their operations once they hit their targets.

Although license is not guarantee to see if the casino is legitimate, but at least we see the owners exert an effort to comply and present those documents to their community.

[Nothingtodo]

I personally will not allow unlicensed casinos and gambling sites because they do not have any guarantee in terms of security. However, for those like me who have a small budget, there is no problem with unlicensed casinos or gambling, but for gamblers with a huge budget, there is definitely no security. However, I do not open an account in casinos where KYC is not mandatory.
Although some casinos require KYC with personal documents, there is definitely security in using those casinos. Many people do not want to use KYC-rich casinos, but these are the ones that are perfect and trustworthy over time.

[Yablee0]

Dealing with a casino that has no prober licensing is more of risking it all because their is actually no form of transparency and if anything eventually happens along the line you have no base in pushing any legal action against them because you can be be easily denied.


Secondly, to some dude it wouldn't be making any sense to them yet till something happens that's when they will realize that it matters. However despite being carried away by pleasure and all that we should endeavor to verify all this simple stuff because when it will mean most to us is when maybe you have won a very huge amount then probably sensing a fowl play then you will understand better.