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Topic: Bet or play with COLLECTION SERVICE inclusive? - page 3. (Read 1288 times)

hero member
Activity: 714
Merit: 500
i Think if bitcoin gambling site is nothing is open service insurance
because bitcoin gambling site anonymous, and player bitcoin gambling still prefered and like this use anonymous
hero member
Activity: 1344
Merit: 507
US $ 100s of million are already embezzled or defrauded by online gaming and betting operators and you can read every day about new issues!

Do you think a legal expenses insurance would be helpful to enforce your rights and money?

Legal Expense insurance ? Why do you think an insurance company would cover such kinds of things,...
Because it is the function of an insurance to collect small amounts from a large number of members, to pay the large costs of legal proceeding for a small number of victims.

Game Protect makes it even possible to qualify cost free for an online gaming consumer protection service.


...specially when gambling website owners don't usually run a licensed casino and can just claim to have been hacked ?
1) In the Bitcoin only world a lot of operators are not licensed, but in general, most operators are licensed and their identity is known. In all 3 currently pending Game Protect cases the owner/operator is known:

Full Flush Poker 70:30 litigation in process, join + claim your money!

Win Cake Poker + Juicy Stakes

2) Even if an operator is not licensed and or his identity is not publicly recorded, there is still the possibility to find traces and hold the responsibles liable.

The betcoin.ag scam i.e. is a hide the operator site, but I know the responsible parties to sue. Smiley

Based on my experience and knowledge, in most cases the problem is that victims are not willing to spend larger amounts to enforce their money and not because the identity of the responsible parties to sue is not known.

legendary
Activity: 2842
Merit: 1152
 I think it is a great idea but it would be logical to enforce these into regular companies first. If it Works than we can check out for bitcoin casinos too. Bitcoin casinos already have an advantage on trust thanks to seeds but places like pokerstar or similar have a lot of trust issues that people believe they take their Money. So it would be wise to start with them first and than come to bitcoin afterwards.
hero member
Activity: 910
Merit: 500
In the first place. I consider most of the gambling sites illegal in my place especially right now. My main point of doing so sometimes is to experience the game and the site themselves so that i can provide any reviews. Tho this things a very far from hiring some ensurance of lawyers to feel safe because i my self dont gamble that much
Even if you do not gamble much, you could be lucky and win a larger amount? And if the insurance is even cost free, why would you care?

Gambling might be illegal in your jurisdiction, but the legal action would be in the jurisdiction of the gaming provider.


Lol. Then how can you protect your members in the first place if you yourself doesnt have an idea to the owner of the gambling site he was playing? Isnt it crazy to have an insurance service in which you couldnt get something? Are you willing to pay your user when they lose in gambling?
legendary
Activity: 1372
Merit: 1000
US $ 100s of million are already embezzled or defrauded by online gaming and betting operators and you can read every day about new issues!

Do you think a legal expenses insurance would be helpful to enforce your rights and money?

Legal Expense insurance ? Why do you think an insurance company would cover such kinds of things, specially when gambling website owners don't usually run a licensed casino and can just claim to have been hacked ?
hero member
Activity: 1344
Merit: 507
In the first place. I consider most of the gambling sites illegal in my place especially right now. My main point of doing so sometimes is to experience the game and the site themselves so that i can provide any reviews. Tho this things a very far from hiring some ensurance of lawyers to feel safe because i my self dont gamble that much
Even if you do not gamble much, you could be lucky and win a larger amount? And if the insurance is even cost free, why would you care?

Gambling might be illegal in your jurisdiction, but the legal action would be in the jurisdiction of the gaming provider.
hero member
Activity: 910
Merit: 500
In the first place. I consider most of the gambling sites illegal in my place especially right now. My main point of doing so sometimes is to experience the game and the site themselves so that i can provide any reviews. Tho this things a very far from hiring some ensurance of lawyers to feel safe because i my self dont gamble that much
hero member
Activity: 1344
Merit: 507
How much money do you spend monthly for insurances?
hero member
Activity: 1344
Merit: 507
Do you have any insurances and why do you have them?
hero member
Activity: 1344
Merit: 507
US $ 100s of million are already embezzled or defrauded by online gaming and betting operators and you can read every day about new issues!

Do you think a legal expenses insurance would be helpful to enforce your rights and money?

I am not sure about it as i am small time gambler.It might be helpful for whales who spend a fortune gambling.
It is definetely helpful for whales, but also for small bettors. Everyone can hit a huge progressive or bad beat jackpot with small bets.

Jasonort at betcoin.ag i.e., he was no whale but crystal clear won a huge progressive jackpot worth 500 Bitcoins (some say 1000 Bitcoins). He could enforce his win, but is not willing to spend any money. With a legal expenses insurance, he could cost free initiate legal action and enforce the Bitcoins owed.


Are you willing to pay lawyer and court fees from your pocket, to enforce your money?

It all depends upon the amount of money lost.As you would not spend a huge amount to get pennies back  Grin
Absolute correct. How much % of the money owed would you be willing to spend to enforce your rights?


If a gaming or betting company owe you money, would you have interest to get it?

Most of the sites i play would reply if i start a support ticket and would rectify the issue as soon as possible.
Unfortunately, there were a lot of sites who answered support tickets, but with false and misleading promises. Hence, support answer requests does not necessarily mean rectify the issue. Sad
sr. member
Activity: 448
Merit: 250
US $ 100s of million are already embezzled or defrauded by online gaming and betting operators and you can read every day about new issues!

Do you think a legal expenses insurance would be helpful to enforce your rights and money?
I am not sure about it as i am small time gambler.It might be helpful for whales who spend a fortune gambling.

Are you willing to pay lawyer and court fees from your pocket, to enforce your money?
It all depends upon the amount of money lost.As you would not spend a huge amount to get pennies back  Grin

If a gaming or betting company owe you money, would you have interest to get it?
Most of the sites i play would reply if i start a support ticket and would rectify the issue as soon as possible.
hero member
Activity: 1344
Merit: 507
Are you willing to pay lawyer and court fees from your pocket, to enforce your money?
hero member
Activity: 1344
Merit: 507
You can read daily how bettors and players are getting scammed by shady online casinos and sportsbook operators!

Do you think it is better to bet and play with collection service inclusive?

So that the costs of the enforcement proceeding are covered and victims do not have to spend money from its pockets?

Because our experience has shown that 99% of the victims are not wiling to spend anything after being scammed!

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