Wallet-login casinos without a licence: what would make you trust one?

[lombok]

What do you check before depositing on a site like this? Provably fair verification, withdrawal history, how long the operator has been active, something else?

If there is no license then i won’t invest my money based solely on what that site claim.
Personally, I look at all of these thing you mentioned.

Provably Fair system is very important in such case. It is not enough for this to simply be written in a tag on site. It is also necessary to check whether third party verification is working correctly and whether code is transparent. For instance client and server seed should occasionally be verified using HMAC SHA-256.
After making any deposit via wallet connection, it is also worth considering whether withdrawal are processed immediately on blockchain or if they are held up by any manual review process.
If any major player win there should be transparency regarding whether that casino has capacity to make payout from its hot wallet.

Official license is a mandatory prerequisite for participating in a crypto casino game. All one sided statements regarding the honesty of the gaming process must have independent audits. Open source algorithm code, as well as ongoing monitoring using cryptographic technology, ensures the absence of influence of the operator on the spin outcomes.

The rapidness of payments through the blockchain network speaks about the financial state of the website. Any delays in payment caused by additional human verification can be viewed as a shortage of funds in hot wallets. Financial transparency is a must to be able to pay substantial amounts of money instantly.

[Orpichukwu]

4. Which red flags made you leave a casino in the past?

I'm not asking anyone to sign up. I'd rather hear the criticism now than repeat mistakes others have already called out.

When a casino is not fair and tries to lie to their players' minds once it’s discovered, there is no amount of sweet talking that will make me consider the casino to be trustworthy. A good example of what I’m referring to is your casinos claiming to be registered earlier than when they were actually started, and casinos that claim to have licensed when they don't... licensed don’t really matter much if the casino can operate fairly, especially when they are starting up, but just don’t lie about it.

[leonair]

The matter of connecting a wallet for login an account is just a feature, if you can only connect a wallet without creating an account on a site, it is not fully decentralized. And there is a risk in connecting a wallet, they can have a bug due to which access to that wallet will be lost to them if you connect the wallet. In the case of casino sites, no site can be fully trusted. In gambling, it is better to only deposit small amounts and have entertainment with them. And yes, fast withdrawal and customer support are among the important aspects of a backgammon site, but only if these are smooth, the site cannot be fully trusted. Of course, a valid license and operating a business in the market for a long time are also very important.

[M47AK16]

1. What do you check before depositing on a site like this? Provably fair verification, withdrawal history, how long the operator has been active, something else?

To be honest, I have never had the time to verify my bets. I can verify and I know how to do it, but I'd rather believe the casino I play at because my bets are not something the casino would risk rigging the system for. But that's why where I play matters. I won't just play at any casino but rather prefer to play on one that's at least got some history of operation and a solid reputation.

2. Does wallet login make you trust a site more (no stored personal data) or less (harder to resolve a dispute)?

I feel less comfortable because having a wallet connected also means that a small bug/virus in my PC can clean everything up. While traditional wallets usually have 2FA and feel much safer.

[free-bit.co.in]

Does wallet login make you trust a site more (no stored personal data) or less (harder to resolve a dispute)?

IMO, this is a double edged sword. On positive side, you can start playing with single click. No need to provide your name, email or any identification document. So there’s no risk of your personal data being leaked.

However, connecting your Phantom and MetaMask wallet directly to new and unlicensed site is extremely risky. Many scam site trick user into signing permission such as SetApprovalForAll or other multi approval drainer function that allow them to empty ypur entire wallet.

That is why I would never connect my primary wallet to any such new site. If I ever decide to engage with such platform then I would always use dedicated burner wallet.

[Tungbulu]

Well I’m gonna be honest with you, wallet login without any proper license is already a big red flag for me. Connecting my wallet to a casino I know fully well isn’t licensed is a risk, the kind of risk I can never risk.

Even if the games they provide are provably fair, the actual issue is what would really happen should incase something eventually goes wrong, because since they’re not licensed, it’ll be difficult or even impossible to get a place to report or recover your money. It’s a big No for me.

[Hatchy]

I'm not asking anyone to sign up. I'd rather hear the criticism now than repeat mistakes others have already called out.

Reading your tag already tells me a lot. You don't seem like a representative who is ready to build trust, and I'm not really sure what you intend to do with the opinions you receive here. First, I don't like sites that require me to connect my wallet to play. I don't know about others, but to me, this is a big red flag because it puts the safety of my funds at risk. Also, I'm not sure I would want to play at any unlicensed casino, especially after my past experiences with similar casinos.

If you really want to build a trusted brand, you need to do the right things and give people reasons to trust you. As a brand, you have a lot of responsibilities, and it's up to you to meet players' expectations and address their concerns.

[Joeboy]

1. What do you check before depositing on a site like this? Provably fair verification, withdrawal history, how long the operator has been active, something else?

I don't think I will be courageous enough to make deposit on a newly launched platform coz doing so could be potentially risky since there isn't any credible history for me to visit and check through to determine it reliability...Though new casino doesn't automatically mean that it is a unreliable because most of this reputation platforms we have here on the forum started out for somewhere...But I think I will still wait for that new casino to attain some level of reputation with sufficient evidence of successful withdrawal as well as fair treatment for its players..Simply because I wouldn't want to lock myself in a situation whereby I would be unable to make withdrawals of my profits which I very well stressed over to win...How well they also handle complaint is also what I will look out for..But there also wouldn't be anyway of verifying that with a casino that is still new...

[Merit.s]

Any site that used wallet connect is a no go area for me because a lot of people have lost funds by connecting their wallet to random sites just like rhinobetting gambling site.

It's better to stay safe than become a victim. There is not an atom of transparency about your casino based on my little findings about that red tag on your profile.

[bhadz]

2. Does wallet login make you trust a site more (no stored personal data) or less (harder to resolve a dispute)?

I am not using any of my wallets for logging in. Having an email registered is the one that I prefer and I think for others they also prefer that. With wallet logins, a dummy or a newly created one shall be fine but even I can do it, I rarely do it anymore. I might be but won't put so much money on that wallet. While for having emails, I know that it can expose that email on that casino because that's the normal thing and data leaks do happen but it's what I think is more protected than a required wallet to log in.

[BigTarget]

Without a licence, what would you expect instead? A public dispute process, a bankroll proof, a long track record here on the forum?

License doesn't matter as much to me as the history and reputation of the casino itself does. Basically I am not a whale player to risk millions with an unlicenced casino, I am just going to play for very small bankroll hence not being regulated is not a big thing to me as long as that casino is functioning for years and marinating its reputation with this community (and not anywhere as I am not ready to believe into any other platforms). These are all because of I have seen lots of regulated casinos scamming its players and doing exit scams. So, with licence does not guarantee you anything at core level.

Slow withdrawals, hilarious welcome bonuses where they always make it impossible to withdraw the initial deposit itself are the basic signs, we need to watch and ignore such casinos as per my opinion.

[Joy- maker]

I'm not asking anyone to sign up. I'd rather hear the criticism now than repeat mistakes others have already called out.

I don't know the motive behind this thread, but I will personally avoid your platform because of the negative feedback on your account. However, I haven't used any casino or gambling platform that required me to connect my wallet, so I don't really know what to look out for.  I don't even intend to gamble on any casino or gambling platform that requires me to get my wallet connected, furthermore, the fact that your platform doesn't have a license makes even riskier.

[CryptSafe]

You already announced your casino here on this platform and it would have been better you continue with  this conversation rather than creating a new thread again. Besides, this thread you have created here should have been the first thing you should have done to inquire from the community before launching your official announcement thread. Maybe a form of review could have been better to help you shape your casino better than this drama that resulted to your profile being tagged.

From the settings, I can say that your platform is a DEX casino if we can connect our wallet ourselves without any third-party involved. It is common that DEX casino platforms do not use or require licence because they are anonymous crypto casino platform and do not require for licence to operate as they are anonymous.

[Cryptomultiplier]

1. What do you check before depositing on a site like this? Provably fair verification, withdrawal history, how long the operator has been active, something else?

I don't think I will be courageous enough to make deposit on a newly launched platform coz doing so could be potentially risky since there isn't any credible history for me to visit and check through to determine it reliability...Though new casino doesn't automatically mean that it is a unreliable because most of this reputation platforms we have here on the forum started out for somewhere...But I think I will still wait for that new casino to attain some level of reputation with sufficient evidence of successful withdrawal as well as fair treatment for its players..Simply because I wouldn't want to lock myself in a situation whereby I would be unable to make withdrawals of my profits which I very well stressed over to win...How well they also handle complaint is also what I will look out for..But there also wouldn't be anyway of verifying that with a casino that is still new...

Checking how a casino platform handles complaint is the first point I always check because new sites after making huge promises may grow silent when little issues arise and one finds themselves chatting with bots that have pre-coded response.
Also, a casino without a license is a big no-no for me because am sure my withdrawal would be stuck or can just wake up tomorrow to the site being closed down.

A casino should also be clear about verification requirements and not state in ambiguity because I see it as a red flag too that is like a scam site.

[Hazink]

Well I’m gonna be honest with you, wallet login without any proper license is already a big red flag for me. Connecting my wallet to a casino I know fully well isn’t licensed is a risk, the kind of risk I can never risk.

Licensed or not Licensed casinos, some people usually take some sort of risk that's not worth it. When a casino requires you to connect your wallet to play, that does not mean you will have to connect your main wallet to the site, you will have to create a new wallet fund it bases on the amount you want to risk with them before connecting.

[Donk1]

Well it's funny how anyone who reads this would totally think it's some kind of shady scheme because it's like saying Hello guys, connect your wallet to our site you can trust us to keep it safe.Really no offense though, but yeah the major red flags here are the no license, which means the site can just decide to close one day with no one to take responsibility, along with all the wallets that are still connected.Anyways, I am curious how does the wallet connection even work? And besides what happened to depositing funds into the casino? Like it doesn't make any sense though. And the casino does not even have a good reputation yet,like i have never heard of it before.​Seriously if you are really here to advertise and get more ideas on how to build your casino, first it has to be licensed or it has to have a good reputation. And second I don't see a need to connect one's wallet you can always change that feature, like just make it a normal platform because this one seems fishy. That's all......

[Silverstonez]

I'm not asking anyone to sign up. I'd rather hear the criticism now than repeat mistakes others have already called out.

Don’t take my comment as an attack or accusation. I’m just curious as to why I feel you created this thread to extract information from forum users, and then use that information to build another casino, leveraging their experience, idea and criticism to avoid making the same mistakes you made. Any casino that requires me to connect my wallet is a red flag for me, I won’t even make attempt to gamble on such casino no matter how attractive their promotion might be.

[Webutxo]

That leads to my question for people who have used wallet-connect or no-licence sites:

1. What do you check before depositing on a site like this? Provably fair verification, withdrawal history, how long the operator has been active, something else?

I like Casinos that are not problematic and by that you know what I mean. Some casino have this habit of denying people there money when they win. They don't complain when you lose but once you win, it turned into a problem for them to pay. I like casino that are very fair with their decision making and don't cheat common gamblers.

2. Does wallet login make you trust a site more (no stored personal data) or less (harder to resolve a dispute)?

I like login without personalized information only if it doesn't turned to another problem later. When a gambler win large money, they start making funny moves with verification. I only like this option if nothing is required later.

3. Without a licence, what would you expect instead? A public dispute process, a bankroll proof, a long track record here on the forum?
4. Which red flags made you leave a casino in the past?

Most casino doesn't have license and they operate for years until they later secure one, this is because it take time before some are given. I will check track record and reputation over license. Some casino are license and are very wicked.

[Versatile_choice]

Connecting my wallet to a casino site that doesn't have license is a No! No! For me. I hardly connect my wallet in a license casino not to talk of no license casino, so long as there are alternative I mean there are other casinos platform that have license or does not have license but doesn't requires connecting wallet I would rather go for this one.

The question is what are they using the wallet to do? There are casinos that are operating without that then why most they chose to be different from other casinos, isn't that obvious that they are using it for something illegal?

[_act_]

I work on a small crypto casino called RhinoBetting, so I'm not neutral here. I'm posting because I want honest opinions, not to advertise.

So you are posting about a site that is very possible can be a scam. I have not used a gambling site that does not have a license before and I can not use one.

But there are gambling sites that do not have license, know how you can market yourself to be recognizable. License can require money, if not fine for it, advertisment will still require money and it is one of the most important part of businesses.

1. What do you check before depositing on a site like this? Provably fair verification, withdrawal history, how long the operator has been active, something else?
2. Does wallet login make you trust a site more (no stored personal data) or less (harder to resolve a dispute)?
3. Without a licence, what would you expect instead? A public dispute process, a bankroll proof, a long track record here on the forum?
4. Which red flags made you leave a casino in the past?

I'm not asking anyone to sign up. I'd rather hear the criticism now than repeat mistakes others have already called out.

1. What I care most on is reputation and good customer service.
2. Anytime I see wallet login, I first think the site can be scam.
3. Huge advertisement that shows the gambling site is having money and will not be unable to pay gamblers when bet a are won.