Don't trust a casinos without a license

[batang_bitcoin]

I completely agree! A casino without a license and without clear terms is already a huge red flag. Basically, it's a case of "trust us and deposit money," and that never ends well, does it?

A license isn't a guarantee of anything, but at least it shows there are some rules, audits, KYC, etc.

These opaque sites usually start by paying out, gain trust, and then freeze withdrawals or disappear.

At the very least, checking the license and reputation should be the basic requirement before depositing money; that's how I see it...

A license is about transparency and they're willing to go with doing serious business. Acquiring one isn't costly anymore for most of these serious casino owners because they can afford to even pay for owning one, and how much more about the licenses and other stuff that will audit them that they're capable of running one. So, aside from having the proof of their capacity and fund, showing a license is a head starter for their customers.

[stadus]

Of course why would I even do that? Casino without license is already a risk and those who chose to follow such part may get disappointed thereafter because of how it will be. Using a casino without license is like sleeping in in a house without window, and when you are sleeping in such house, you know what that means lolz. Anything can happen.

Some people still prefer playing on unlicensed casinos because they value their personal information more than the money they might lose.
I understand those who only play with small amounts, since if they lose, they can live with it.

But for those who bet big, that shouldn’t even be considered, the risk is just too high. And actually, even with small bets, if you somehow win big, which is rare, it’s still risky, because the casino might not process your payout and just accuse you of violating the TOS since they can’t afford to pay you.

[SmartGold01]

Before I should be gambling on a particular site It is assumed that I have them for long and have also a good review from people or from the most recognized site that do rate gambling site, or even seen them on the forum how people have been talking good about them. Most time, I wouldn't mind checking some few things that would qualify me from using them, which includes; Activeness, kyc processing speed, withdrawal and deposit speed as well as responding to cases.

[Vaculin]

There are only few advantages from playing on unlicensed casinos, few restrictions on games and higher betting limits, and high accessibility as these casinos can still be played despite that licensed gambling casinos are prohibited on that area. This is why I am not surprised why some gamblers chose to bet on them, though they know already that the chances that their payouts will be compromised is high.

There are just gamblers who are definitely high risk takers and eventually suffer the consequence in the end.

[Cyber_warrior]

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 amount of casinos we having right now, what’s going to make me use a casino without a license, I don’t even think it’s make any sense that you making use of a casino without a license. I don’t care about the bonuses which they going to offering because I know that casinos like this are always offering attractive bonuses thats going to encourage people to use them, but it’s so risky.

If a casino doesn’t have a license, then i don’t even think am going to go close to them. A casino without license can decide to short down at any moment, and if they do that your money is gone already, and there is nothing you going to do about that.

[Lida93]

I don't think I have played on a casino that was not already licensed before I started using it because I usually play only on old reputable casinos and if it is a new casino, it must have obtained a licence because I also do not trust unlicensed casinos, they have a high chance to scam player compare to casinos that actually stressed themselves to pass the licensing criterias. It's not 100% certain that even a licensed casinos can not scam customers but it's more rare.

The fear of getting scammed is what has made many gamblers to go for licensed casinos over unlicensed in what could be said to be a decentralised platform which should be where any individual who admires privacy should be much interested in using for his gambling activities. Now we don't even get to see casinos that ain't licensed that are authorised to operate, almost all casinos now are centralized and people don't really care whether they ask for KYC or not. They just want to gamble where it's reputable and great service.

[stadus]

The fear of getting scammed is what has made many gamblers to go for licensed casinos over unlicensed in what could be said to be a decentralised platform which should be where any individual who admires privacy should be much interested in using for his gambling activities.

That’s just the reality now, they’ve learned from past mistakes. Before, it was still kind of okay to gamble on unregulated sites since the rules weren’t that strict anyway.

But now, things are more heavily regulated. There’s no way a casino can keep a good reputation and survive in this tough competition without a proper license. Their competitors can easily report them if they’re operating illegally.

Now we don't even get to see casinos that ain't licensed that are authorised to operate, almost all casinos now are centralized and people don't really care whether they ask for KYC or not. They just want to gamble where it's reputable and great service.

no license = not authorized. simple as that.
Those who does not have license, they will only live short term, eventually they'll go exit scam.

[Cityhunter34]

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.

I don't even see any reason to come close to unlicensed casino because obviously they are not in any way to be trusted at all. However, just like as you mentioned they might pull off expectedly and gamblers would just end up empty handed because there is no where to trace them, so we should try as much as possible not to get carried away by their fake offers and end up regretting at last. Honestly, it's better to do the right thing at the right time than for you to regret because of something that you would have do earlier.

[fullfitlarry]

I don't think I have played on a casino that was not already licensed before I started using it because I usually play only on old reputable casinos and if it is a new casino, it must have obtained a licence because I also do not trust unlicensed casinos, they have a high chance to scam player compare to casinos that actually stressed themselves to pass the licensing criterias. It's not 100% certain that even a licensed casinos can not scam customers but it's more rare.

The fear of getting scammed is what has made many gamblers to go for licensed casinos over unlicensed in what could be said to be a decentralised platform which should be where any individual who admires privacy should be much interested in using for his gambling activities. Now we don't even get to see casinos that ain't licensed that are authorised to operate, almost all casinos now are centralized and people don't really care whether they ask for KYC or not. They just want to gamble where it's reputable and great service.

But there are small percentage that gamblers played on some unlicensed casinos and then being scammed. Now that is a very expensive lessons for them to learn. However, I believed that this is going to be a occurring cycle. Scammers are going to create like a very attractive casino again with fake license to trap us.

So it's better to see which casinos are into this community as far as crypto related platform and play those casino that has been advertisement here or been reviewed by most gamblers to that we wont' be the next victims of this criminals.

[Alex077]

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

Actually license indicate that the website follow the strict rule of elite regulator such as UK Gaming Commission or Malta Gaming Authority. Licensed casino are required to use randome number generator to ensure game integrity store player fund separately and use SSL encryption for security. On the other hand illegal or unlicensed sites do not have these security measure

If such oversight is not in place game are prone to rigging. You may notice that they may be complicating withdrawal or misbehaving with the security of your personal information. In this way offshore operator without name and address behave unfairly to people. You know recently Betmoco did the same thing, blocked withdrawal and exit scam

[Lida93]

The fear of getting scammed is what has made many gamblers to go for licensed casinos over unlicensed in what could be said to be a decentralised platform which should be where any individual who admires privacy should be much interested in using for his gambling activities.

That’s just the reality now, they’ve learned from past mistakes. Before, it was still kind of okay to gamble on unregulated sites since the rules weren’t that strict anyway.

But now, things are more heavily regulated. There’s no way a casino can keep a good reputation and survive in this tough competition without a proper license. Their competitors can easily report them if they’re operating illegally.

I think bad actors took advantage of the entire environment and the government on the other hand swiftly took advantage of what the bad actors were doing with all those scam exits and unfair treatments on users, so the government bumped in the strict regulations policy for all sites, and which invariably affected the private lives of all gamblers who uses online gambling sites.

Yeah. Competitors are even helping the government crackdown their unregulated contemporaries.

[bakasabo]

The fear of getting scammed is what has made many gamblers to go for licensed casinos over unlicensed

Gambler fear nothing. I strongly believe that many gamblers not just check if casino has license, but does not even click anywhere besides sign-in/profile/deposit/withdraw/sports/casino hyperlinks/buttons on any casino site. For example, without direct search, you wont see Stake.com licenses on their index page (https://stake.com/licenses). They only say they operate under license and provide number. But maybe 1 out of many would go and check that number.

[Lida93]

The fear of getting scammed is what has made many gamblers to go for licensed casinos over unlicensed

Gambler fear nothing. I strongly believe that many gamblers not just check if casino has license, but does not even click anywhere besides sign-in/profile/deposit/withdraw/sports/casino hyperlinks/buttons on any casino site. For example, without direct search, you wont see Stake.com licenses on their index page (https://stake.com/licenses). They only say they operate under license and provide number. But maybe 1 out of many would go and check that number.

Gamblers are just like every other humans and they have fear but if you had said many gamblers are lazy to read all that about ToS and license numbers of a casino they gamble with, I would have agreed. Many gamblers are just interested in how they can make profit, hit that jackpot and feel like king of Rome. They never contemplate that the time they can sacrifice to read all that's necessary about a casino can save them from costly unexpected mistakes.

[alastantiger]

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.

I mean this might sound harsh but if you gamble and they scam you, you basically have nothing you can do against them. Thats like making your Stoney bed and you must lay on it, lol. Even licensed Casinos and all these betting apps, we know of cases were one or two issue will drag matters to court and most times if we are being honest here, these businesses will win then now you gamble in a casino or a betting platform online with no license whatsoever, i mean you should just know better, that pretty all i can add.

[nimogsm]

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 amount of casinos we having right now, what’s going to make me use a casino without a license, I don’t even think it’s make any sense that you making use of a casino without a license. I don’t care about the bonuses which they going to offering because I know that casinos like this are always offering attractive bonuses thats going to encourage people to use them, but it’s so risky.

If a casino doesn’t have a license, then i don’t even think am going to go close to them. A casino without license can decide to short down at any moment, and if they do that your money is gone already, and there is nothing you going to do about that.

Because an experienced player understands all this and knows how to distinguish a good service from an obvious scam. However, a newcomer to the gambling industry is unlikely to pay attention to the license; they'll focus on bonuses and other attractive offers.I think such scam services are specifically aimed at newcomers to the industry.