Gov approved casinos are much worse than I thought

[Onyeeze]

This is why I always say that if you are serious about playing at a KYC based casino it is better to verify your KYC as soon as possible after opening an account. Although I am personally not against KYC.  If a casino allows you to make deposits and even use bonuses, then suddenly questioning your account after winning looks very suspicious. This is why many players see KYC as a hindrance rather than a security measure. And this is why I always prefer to play at reputable casinos.

another thing that is important is this kyc verification but I don't know why some people do be afraid whenever we mentioned verification to them for me I love a casino that I have a kyc verification because that will make you to be straightforward that will also make you for casino not to cheat you so many of us that I have problem with the casino it is because we go and Gamble with a casino that is not being registered and also not have a license to operate so all these things are the things that make some people to go into wrong casino and deposit wrongly and after which casino will you seize their Money and Run Away

[alani123]

Everything the government touches turns to shit. It is as simple as that. Try to avoid any government presence all the time because they always do more harm than good. Don’t even go to voting because if you vote, you legitimize this abomination of a system. We need less government and more private companies. Governments are lazy and inefficient. Don’t even befriend government officials. They don’t deserve it.

Well, the casino that this incident took place is privately owned and operated.

The government is only providing the license and oversight.

When the gambling in Greece was a monopoly there weren't any marketing or bonus schemes. It was a state-based monopoly with only lotteries and sports betting. So there was literally no way for them to do deceptive bonuses or marketing. It was also impossible to ban you because the betting wasn't done based on accounts but rather based on buying tickets with cash in physical stores. If you won you could get an instant cashout.

Now the market has been opened up and many licenses were awarded. However the government obviously doesn't seem to be doing much oversight. I can sign up to a licensed casino, deposit, and then if I try to withdraw be banned and lose my deposit for "bad KYC". This is an age old tactic used by scam casinos. In theory, the government could withdraw licenses and close these casinos. Bus since they're major earnings sources they're probably letting them roam free and do whatever they want.

In this case, the free market seems to have corrupted the government.

[alastantiger]

I just also learned the hard way that KYC is not a protective measure for the player but rather a huge security risk. Because how in earth is a casino going to claim to offer services to a single country's residence and then tell me they accept someone with a Philippino email address as the real me??? KYC just enables identity theft in these cases. Especially since someone stealing a certain nationality ID could earn a lot on unutilised casino promos.

Some casinos that are operating in an unfair manner are guilty of this problem because they always try to use the KYC verification options that they have on their casino as a tool to be unfair to their customers. Although KYC were introduced to help the casinos avoid money laundering and other crimes but I still think casinos are taking advantage of this KYC procedures to treat their customer wrongly.

KYC only protects the casino but it does no good to the average gambler, you can be denied of your earnings at any time if you have not fulfilled your KYC but they won't prevent you from gambling which seems unfair to me. If the casino's want to be very strict about their KYC procedure then they should not allow any new registered member to gamble without fulfilling their KYC in the first place. Most of the new casinos are those that are guilty of this crime that is why it is always hard for me to trust newly launched casinos instead it is better I put my bet on trusted already existing casinos.

[knuckey]

I prefer crypto, which isn't even under government control, because they highly value player privacy. The problem is, even a legal casino can't guarantee the security of our data and assets. I've seen how many casinos have fallen victim to cyberattacks through their vulnerabilities. This even happens to legal casinos. And of course, our assets and data will be stolen if they're breached. This is why illegal casinos are sometimes better. We're even more vigilant and anticipatory, and most importantly, they don't ask for our data.

[Accardo]

I prefer crypto, which isn't even under government control, because they highly value player privacy. The problem is, even a legal casino can't guarantee the security of our data and assets. I've seen how many casinos have fallen victim to cyberattacks through their vulnerabilities. This even happens to legal casinos. And of course, our assets and data will be stolen if they're breached. This is why illegal casinos are sometimes better. We're even more vigilant and anticipatory, and most importantly, they don't ask for our data.

Government won't allow for things which won't benefit them on the long run, also on the big scale they're the worse people to trust on financial matters when linked to gambling, provided they approved a casino, the share place on them would be worth it, and as well take down the interest of gamblers who signed in for the casino affiliated to the government in an unfamiliar way.

[suzanne5223]

Honestly, I believe every gambler should have understood by now that we're in the era where government approved or licensed gambling platforms is just a marketing strategy because the people that ought to do th right prosecution, verification of issue between gambling platform and their users are not doing their job.
This is why i dont based on decision on a gambling platform based on it license or government approval. I do the decision based on what i see or experienced.

[topbitcoin]

It looks like they just want to get your data from KYC and then leave with nothing lol.
But sometimes situations like this always happen especially when dealing with the government because in the end here they have more authority under the pretext of site regulation and even if you are right then you will be considered a wrong gambler without being able to argue anything.

Although not all are like that, but in the end there will always be casinos that have licenses and government backing, so conditions like this can happen and we cannot make any appeals.

[Dump3er]

I tried to sign up to a licensed casino in my country and somehow I miraculously won a couple hundred bucks on free spins.
I was allowed to do free spins and deposit by bank even before completing KYC somehow.

After completing KYC though, I realized they never had the intention to let me withdraw.
They claimed someone had attempted to use my credentials to sign up before and provided a sign up email address that was from... The Philippines. Even having a name not matching my gender. I am European and had provided them my full id including live face identification.
Yet somehow someone with Philippino credentials is also me?

They subsequently closed my account end even confiscated my deposit claiming it was tied to bonuses and was "lost" while in fact it was a separate balance.

These casinos are supposedly overlooked by the local Greek government but apparently their practices are like the mafia's.

You can deposit before KYC. KYC is super strict, even if you complete it withdrawals take ages and you might be impulsive and lose it all before you have the patience to wait to withdraw. And then there's also completely made up issues like the platform claiming someone non-existent signed up with your info like in my case.

It's funny that they only cared about my account's legitimacy after I won around 200 EUR with their free spins.
My conclusion is to never play again at a full KYC government approved casino. They have so many disadvantages and the government just backs them up instead of actually regulating them.

-

This may vary from country to country and there are jurisdictions where you have promising recourse possibilities. I don't know about Greece, but a licensed casino doesn't mean much depending on where it is actually located. Is it approved by the Greece government? If that is the case you should have options to go through designated institutions that are supposed to fight crime or scam in that area. If Greece has a dedicated institution for that, it could be a possibility to go that way unless the amount isn't worth it.

If it is licensed in the Carribeans but operates online in Greece, there is nothing you can do I think.

[ruykeri]

Such problems are seen in various casino sites apart from government-controlled casino sites where they randomly face various problems while withdrawing users' money. As a result, even if a user wins a bet, he cannot withdraw that money. It would be wrong to blame only the government here. Casino sites are equally at fault here. And if the government allows gambling, then they will be able to easily see how much money a person in their country is earning from gambling or how much money he is losing. This has a very negative impact on personal security. In my case, it seems that as long as the government enforces rules and regulations, there will be no problem with the security of the bettor.

[Fivestar4everMVP]

Honestly, I believe every gambler should have understood by now that we're in the era where government approved or licensed gambling platforms is just a marketing strategy because the people that ought to do th right prosecution, verification of issue between gambling platform and their users are not doing their job.
This is why i dont based on decision on a gambling platform based on it license or government approval. I do the decision based on what i see or experienced.

Exactly the point, you are absolutely right. This is exactly what I do this days my self, before like some years back, when I want to gamble and I see a casino is that government approved with genuine license, I conclude that that one (the casino) must be a highly reputable one that can ever be able to even think of stealing users money or manipulating their games to favor them more than it favors the gamblers.

But unfortunately today or this days, everything have changed, many casinos that own a licence from the government is simply something they want to use for marketing and nothing more, because the know that gamblers often believe any casino with a government issued licence to be a genuine casino without any further research. This is how some of this scam casinos trick some gamblers who sometimes, later will become their victim.
So the nutshell is that even governments can't be trusted this days, because some or most of them collaborate with some of this services to scam people.

[mikel_012]

Exactly the point, you are absolutely right. This is exactly what I do this days my self, before like some years back, when I want to gamble and I see a casino is that government approved with genuine license, I conclude that that one (the casino) must be a highly reputable one that can ever be able to even think of stealing users money or manipulating their games to favor them more than it favors the gamblers.

But unfortunately today or this days, everything have changed, many casinos that own a licence from the government is simply something they want to use for marketing and nothing more, because the know that gamblers often believe any casino with a government issued licence to be a genuine casino without any further research. This is how some of this scam casinos trick some gamblers who sometimes, later will become their victim.
So the nutshell is that even governments can't be trusted this days, because some or most of them collaborate with some of this services to scam people.

Of course the first thing you need to see is how reliable the casino is

If the casino is 10 years old, has paid big bets and does not have many cases of wrong doing like freezing accounts or cancelling bets, this is the casino we need to choose

But if approved casinos do not respect the laws of your countries, can you imagine the casinos that are not approved?

I posted before that in Brazil the casinos need to follow the laws and can be used and required to pay everything and a big fine to the player if the player has proof that he did nothing wrong and the casino does not want to help. But if the casino does not need to follow the laws, they can just scam and pretend the player broke their rules

[noorman0]

-snip-
Now the market has been opened up and many licenses were awarded. However the government obviously doesn't seem to be doing much oversight. I can sign up to a licensed casino, deposit, and then if I try to withdraw be banned and lose my deposit for "bad KYC". This is an age old tactic used by scam casinos. In theory, the government could withdraw licenses and close these casinos. Bus since they're major earnings sources they're probably letting them roam free and do whatever they want.

In this case, the free market seems to have corrupted the government.

Wait, is your government actually ready to fully oversee the gambling industry? Especially since many casinos are clearly unfair, and many employ opportunistic practices to steal users' money. A lack of oversight resources creates a fertile market for shady casinos. It's not that they're simply licensing for the sake of the big bucks, but your government might be overwhelmed.

[xenomorfo]

Of course the first thing you need to see is how reliable the casino is

If the casino is 10 years old, has paid big bets and does not have many cases of wrong doing like freezing accounts or cancelling bets, this is the casino we need to choose

But if approved casinos do not respect the laws of your countries, can you imagine the casinos that are not approved?

I posted before that in Brazil the casinos need to follow the laws and can be used and required to pay everything and a big fine to the player if the player has proof that he did nothing wrong and the casino does not want to help. But if the casino does not need to follow the laws, they can just scam and pretend the player broke their rules

Always remember that states have no interest in things that can be harmful to people, so be careful.
If you remember in the past the government kept quiet about the rubbish of Sam Bankman Fried or whatever his name was, that of FTX, demonstrating that if well paid the government turns not just one eye but both.

[KTChampions]

Gov approved casinos are much worse than I thought 

This is what a topic should look like if you're writing seriously 
It's hard for me to imagine that the government could have done anything better. Nobody likes shady casinos and the various scammers who operate in the gray zone, but without them, government-run casinos would be 10 times worse without competition. It would be like a lottery with an RTP of less than 50%, and if you win, taxes take another 50% for the state. In general, if the government has made something worse, then there is no surprise.

[suzanne5223]

Honestly, I believe every gambler should have understood by now that we're in the era where government approved or licensed gambling platforms is just a marketing strategy because the people that ought to do th right prosecution, verification of issue between gambling platform and their users are not doing their job.
This is why i dont based on decision on a gambling platform based on it license or government approval. I do the decision based on what i see or experienced.

Exactly the point, you are absolutely right. This is exactly what I do this days my self, before like some years back, when I want to gamble and I see a casino is that government approved with genuine license, I conclude that that one (the casino) must be a highly reputable one that can ever be able to even think of stealing users money or manipulating their games to favor them more than it favors the gamblers.

But unfortunately today or this days, everything have changed, many casinos that own a licence from the government is simply something they want to use for marketing and nothing more, because the know that gamblers often believe any casino with a government issued licence to be a genuine casino without any further research. This is how some of this scam casinos trick some gamblers who sometimes, later will become their victim.

Yes, today everything has changed with how some online gambling platforms offer their is the reason why we gamblers also need to be smart so that we won't be among the gamblers that's going to be prey of shady gambling platforms.
The funny thing is that we still have some gamblers who still believe that the license of a gambling platform makes it worthy of depositing their hard earned money.

So the nutshell is that even governments can't be trusted this days, because some or most of them collaborate with some of this services to scam people.

Yes, they can't be trusted because if a business is paying the needed tax, in a good relationship with them, and seems important to them, they will somehow support the business when they have an issue.

[justdimin]

I hate when someone talk about online casino doing some sort of bad behaviour on their customers with no name about the casino itself, how will some someone know which casino to avoid or not?

I'm not sure that the casino OP used is one of those from this forum, because I believe that if it's one of those he wouldn't hesitate to call the name out.

By the way, this is one reason why I don't want to use any online casino far away from this forum because when they behave abnormally I can easily call them out and force them to explain themselves.

To be fair, I understand that some people are afraid of "defamation" lawsuits, and while there is no way that it would happen here, and I already defamed many casinos here if I believed they were scams, and there are tens of thousands of people here who have done it, I also still understand why some would be afraid. This is why I do not think naming is a must, the logic is the same, if a Government approves of a casino, he thinks it is likely to eb a bad casino.

I disagree, it is not about approving or not, it's about the fact that if anything goes wrong then the casino is in trouble and owners could be jailed, whereas if a government is not approving some casino, and that casino is just black site, then they can steal and there is nothing you can do about it, so I disagree with OP.