At what point should you trust a gambling site?

[rojan]

IMHO, the title doesn't suit the context of this thread. It should be about "why casinos don't add sports book often?".

Because the trust doesn't depend on the games that they offer but on how they're catering their customers and the concerns that are addressed to them.

Everyone has an idea why it's not there on the spot when they have launched especially if they have a plan and road map of putting it soon.

I am thought I was the only one who observed the title.

I observed so many people talking about licenses and al of that, but if we go through the gambling board you’ll see a whole lots of “casinos” there, they only offer casino games and never has anyone called them out. So the whole “I don’t trust them unless they have sport betting” kinda surprised me. Ngl.

For me, as long as they have something I like and their services are not shitty, their withdrawal time isn’t too long and the experience is okay, I’ll make use of it.

The better way to check the reputation of these gambling sites is here in the forum, that is, if you are a member of this forum. As a member here, it is hard for me to trust sites outside of this forum - I mean, those sites that do not have their active thread here. Because like it or not, once you have concerns, it is quite easy to reach out here rather than those sites outside, because mostly they won't resolve your issues.

It should not be a question of whether a gambling site is a sportsbook or a casino-only place, in order to trust it. The thing is that it is the treatment of the users on the platform that counts. When choosing a good site to be trusted with, they must be reputable, good playback of games, good customer services and most significantly quick and easy withdrawals. There are numerous successful casinos, which do not have sports betting, and it is wrong to rely on that aspect when judging the trust of the casinos. As an individual, I begin to trust a gambling site when I see the high level of positive reviews by other users and I start making small deposits and withdrawals. Such forums as Bitcointalk are also extremely handy since the members of the forum exchange the actual experience, and it is more comfortable to understand what platforms may be trusted and what ones are not to be used.

[cryptomaniac_xxx]

Well, we have been seeing the influx of new casinos and gambling site, but this only few of them barely have sport books in them, otherwise what they mostly list on their market is just casino games. I want to know why most of the gambling site doesn't like listing sportsbook and doesn't it mean that if they are not regulated they can't be able to add sport book to their site?

This is just question that struck into my mind to ask the community to know the reason why most of the gambling doesn't list sport book to their site.

It's not that easy to have a sports book in my opinion. Casinos might have to apply different license for it I reckon. And then you will have to find a good odd maker services if you don't want to have it in-house.

As compare to games like slots, roulettes and black jack. You can just go with those operators and ask that you wanted it to your start up casinos. And that's it, with their experience, it's going to be smooth and seamless to have it in your casino.

[asriloni]

I want to know why most of the gambling site doesn't like listing sportsbook and doesn't it mean that if they are not regulated they can't be able to add sport book to their site?

It's caused by the casino has to acquire a separate license to be able to run the sportbook in their site. It's complicated for their side while their target is to get profit as fast as possible. It's the reason why some casino doesn't even provide sportbook in their site.

They don't wanna deal with the complexity in acquiring the license to run sportbook. However, it doesn't mean a casino without sportbook is unlicensed. Sometimes, the license is getting separated and they have to do double efforts to acquire licenses ro run casino games & sportbook.

[CryptoYar]

Many new betting sites are simply offering casino games since running sports betting shop is more expensive, legally tricky and money wise risky.
Unlike slot machine, which runs with simple code and set edge for house, sports betting shops need expensive live data updates and expert people to watch chances that keep changing, and can lead to huge losses if few favorites win.
Also, in most areas permanent permits to bet on sports are given one by one and are hard to get, and makers of top quality code do not want to work with un permitted websites.
I think that great number of new sites are just models that are ready to go and would be more happy to use the steady and safe money of casino games instead of unsure nature of sports.
Such owners usually have no special teams to protect them against expert bettors who can easily break un skilled and small business.

[viljy]

Well, we have been seeing the influx of new casinos and gambling site, but this only few of them barely have sport books in them, otherwise what they mostly list on their market is just casino games. I want to know why most of the gambling site doesn't like listing sportsbook and doesn't it mean that if they are not regulated they can't be able to add sport book to their site?

This is just question that struck into my mind to ask the community to know the reason why most of the gambling doesn't list sport book to their site.

Betting is a more complex industry compared to traditional casino gambling. A simple example is that a casino is guaranteed to make a profit from a slot or roulette for a long period of time (hundreds of thousands of spins) because there is a House Advantage. But if there is a bettor who is smarter than the bookmaker (his staff or his algorithms), then the bookmaker's loss may be repeated. Hence, there are more serious requirements to enter this industry.

[bitbollo]

What we mean as "trusting" a gambling site?
Of course they are running a business and they will do EVERYTHING possible (we hope legally) to get money from you.
It is really and this is part of the game (well we are talking about gambling so yes definetely a game).

Basically I can trust a site with deposit, with corrent timing in processing bets/withdrawal, with proper odds or result of a match.
This not means is an "endless" love where they can't scam. Also rules/regulations change over the time... investors and owners of platform too.
We have seen dozens of bad issues in the past....

[Oasisman]

Well, we have been seeing the influx of new casinos and gambling site, but this only few of them barely have sport books in them, otherwise what they mostly list on their market is just casino games. I want to know why most of the gambling site doesn't like listing sportsbook and doesn't it mean that if they are not regulated they can't be able to add sport book to their site?

Some of the new gambling sites focus mainly on casino games because they're much easier and cheaper to run. Casino games like slots or roulette are automated and the odds are already built into the system, so the operator doesn't need large teams or complex data feeds.
Sportsbooks, on the other hand, are much harder to manage. They require real time sports data, odds analysis, risk management systems, and constant monitoring to avoid heavy losses or betting manipulation. So, that means, they need a larger team to maintain that area.

Regulation may also play a role. I'm not sure, but I think sports betting requires stricter compliance than those common casino games. A new casino may comply with that eventually, but they just need to run it first on what's available to save time and profit. 

[danherbias07]

Either they don't have a developer who would work in that field, or they think there's lower income in sports betting.

I mean, let's face it. The money coming from casino games and slots is very high, and it's 24/7. Plus, they can edit the house edge to give them a very high income in just days or even hours. In sports, there's also a higher chance that a gambler can win, especially if they stick with the favorites only. That x1.20 to x1.30 can hurt a sports bookie if it comes from whales who put large sums of money.

But there's also the fact that maintaining a sports bookie can be a lot of work, which might be the other reason why they don't invest in it.

[Kelward]

Do you think a sportsbook is the only thing which requires licensing? Every type of game requires some sort of licensing before the company can be allowed to provide it to their customers in a particular region. If you are a regular slot player, you might have come across some casinos restricting users from playing some games due to restrictions.

Licencing is one of the ways to trust a casino to know that atleast it is regulated and the risk of scamming gamblers is reduced, I will rather gamble on a regulated casino than the one that is not regulated. So surely licencing is a criteria to choose a casino. It is necessary that sports book and casino games be registered.

Game availability does not make a casino reliable or not reliable. If you want to check if the casino is regulated, you can check with the body they claim to have been licensed with, or if they also are not registered under any authority, it's left to you to trust them based on the reputation they have built, or you leave them and stick with the casino you are used to.

This is true, game availability does not make a casino reliable, it is their reputation over time that will rate them and gamblers can recommend them as a trusted casino. First get licenced and be fair with gamblers. Adding sports book or not is a secondary matter for a brand what matters most is trust.

[Outhue]

I don't know about others but I don't feel bothered about using a casino for sport booking, I have gotten used to playing slots on online casinos only and when it's time for sports I have a different playform for that, it's not a must that a online casino provides sport booking too, that can complicate things up.

People must have think that running sport booking isn't much difference from casino games, they are wrong because they are not the same thing, casinos games have providers that make sure things are running well, it's their services they providing casinos and get deals on that, sport booking is more complicated. New casinos need to take their time first and make some money before looking into sport booking or it's not even necessary.

[Italian Panic]

Either they don't have a developer who would work in that field, or they think there's lower income in sports betting.

I mean, let's face it. The money coming from casino games and slots is very high, and it's 24/7. Plus, they can edit the house edge to give them a very high income in just days or even hours. In sports, there's also a higher chance that a gambler can win, especially if they stick with the favorites only. That x1.20 to x1.30 can hurt a sports bookie if it comes from whales who put large sums of money.

But there's also the fact that maintaining a sports bookie can be a lot of work, which might be the other reason why they don't invest in it.

Confirm probably they don't have a developer in the field of sport bookie, but with the new AI Agents it's not difficoult program one of this with self update of bets and odds.
I read in the last weeks of a online casinò that earn 3.5 million dollars in just one week. This is a incredible revenue in less time, it's not for every casino but if this site take the right way you may have excellete income.

[iv4n]

Well, we have been seeing the influx of new casinos and gambling site, but this only few of them barely have sport books in them, otherwise what they mostly list on their market is just casino games. I want to know why most of the gambling site doesn't like listing sportsbook and doesn't it mean that if they are not regulated they can't be able to add sport book to their site?

I guess most new casinos focus on luck-based games because they are easier to run and they are probably much more profitable. Sportsbooks are more complex, and maybe even regulations can play a role.

So many new casinos start without a sportsbook because it's easier to launch just casino games. But once the site grows enough, gets more players, and probably has a bigger budget, they add a sportsbook as well.

[Eternad]

It’s a bit hard to setup sportsbook compared to adding casino games since it’s costly while the licensing and all the tools required are much harder to build than the typical casino games such as slot and live games.

Sportsbook is more complex to setup than a casino games. The title of this topic makes it hard to reply initially because different question. Anyone that doesn’t read the thread content will surely answer the title immediately.

I think the setup isn't the problem, you can easily set up a casino sportbooks than you can do with games but since casino games are programmed by the house, they can control the resources of the casino, they can decide the rate at which the casino generate revenue, they can decide to be wicked and they can decide to be generous for winnings. If you check sportbooks, the outcome is not determined by the casino but the outcome of the event.

This is wrong, Legit casino doesn’t have any control on the outcome of their games. They use provably fair system on their house games to guarantee complete randomness of the result while other games such as live games and slots are controlled by game provider not the casino.

Where do you get the info about casino control the outcome of the game? They are just relying on the house edge set on their games but the result is completely random same idea on the sportsbook which they make profit on the house edge.

You shouldn’t play on the casino that can manipulate the outcome of the game.

[TopTort777]

I think there is no such thing as "at what point". Life is unexpected and is full or surprises. Even a trusted and reputed casino can suddenly ask for verification, proof of funds or ban account. I think the point is that there are casinos that has been operation on the market for ages, built trust and reputation, what makes chances that something unexpected happens while gambling there low as possible. With new casinos, gambler should always stay cautious. I someone wants to play on a new site, better play with low deposit and learn from others experience if possible. Imho that is the only way.

[Royal Cap]

This is just question that struck into my mind to ask the community to know the reason why most of the gambling doesn't list sport book to their site.

First of all I wanted to say running a sportsbook is much more complicated than running a casino game. Casino games like slots or roulette run automatically once you set them up and they buy licenses for most slot games. As a result they don't have to do any extra maintenance but sportsbooks have to control matches, odds and live updates with advanced systems every day. So small or new sites usually don't want to go through this hassle, Another reason I think is the cost. Running a sportsbook requires buying data providers, odds systems, live feeds which are very expensive. New sites want to make money with casinos first and then add sportsbooks when they get bigger, That's why many new gambling sites only feature casino games.

[Julien_Olynpic]

New casinos, if they want to expand and increase their market share, will inevitably eventually establish a sportsbook. Typically, it's just a matter of time, as well as the cost of the license. A casino is sufficient for a start. Sportsbook licenses are expensive, and regulating a sportsbook is a complex task requiring competent specialists. They need to be paid, monitored, and recruited, which is always challenging.

[mitchr4]

I don't know about others but I don't feel bothered about using a casino for sport booking, I have gotten used to playing slots on online casinos only and when it's time for sports I have a different playform for that, it's not a must that a online casino provides sport booking too, that can complicate things up.

People must have think that running sport booking isn't much difference from casino games, they are wrong because they are not the same thing, casinos games have providers that make sure things are running well, it's their services they providing casinos and get deals on that, sport booking is more complicated. New casinos need to take their time first and make some money before looking into sport booking or it's not even necessary.

Sport booking and casino games are totally different systems and people often underestimate how complex sportsbook really is. It needs separate licensing and a whole different system to run properly. That's why most new gambling sites prefer to stick with casino games first. It's more manageable and less risky. Also on the other side, some players actually look for an all-in-one platform for convenience and if a casino can manage both well, it definitely becomes more competitive.

[Pmalek]

I feel like more and more casinos add sports betting nowadays and not the other way around. A general mistake that gamblers make is abandoning sites that have worked great for them in the past to try their chances at a different casino just because they offer a higher bonus or other short-term rewards. I think that's a mistake. Who cares if a bonus is bigger elsewhere if you are already playing at a place you never had any issues with. I would never do that.

[impulse709]

Well, we have been seeing the influx of new casinos and gambling site, but this only few of them barely have sport books in them, otherwise what they mostly list on their market is just casino games. I want to know why most of the gambling site doesn't like listing sportsbook and doesn't it mean that if they are not regulated they can't be able to add sport book to their site?

This is just question that struck into my mind to ask the community to know the reason why most of the gambling doesn't list sport book to their site.

Betting is a more complex industry compared to traditional casino gambling. A simple example is that a casino is guaranteed to make a profit from a slot or roulette for a long period of time (hundreds of thousands of spins) because there is a House Advantage. But if there is a bettor who is smarter than the bookmaker (his staff or his algorithms), then the bookmaker's loss may be repeated. Hence, there are more serious requirements to enter this industry.

I believe that the trust in a gambling site will not be at once after being aware of that site. Initially, one should prefer to look into the reputation of the site, reviews by other customers and the duration of the site. A reputable gambling site will have clear conditions, active service, and experience of paying the victors without any unwarranted delays. The factor of regulation or licensing may also bring a sense of confidence, but not alone. In terms of sportsbooks, it is more complex to operate them due to the fact that the bookmakers have to deal with odds, risk management and any talented sportsmen betters. This is the reason why there are a lot of new or small casinos that hold only off-casino games rather than sport books.

[nimogsm]

I think it's only a matter of time before a new standard emerges. It will feature casinos, sports betting, and betting on various events, like Polymarket, all on one website.I think that's how it will be. As many have already noted, this is a profitable business.On the other hand, there are users who are interested in one thing and don’t need other functions because they just want to play; betting isn’t interesting to them.