Gambling License - page 10. | Bitcointalksearch.org

robelneo

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Quote from: avikz on October 01, 2020, 12:37:59 AM

3. That's why a forum like bitcointalk is here. You can get live reviews from the community members on real time basis.

Having a license doesn't mean a business is fair. A simple example is butstarz casino which is registered in Curacao but their reputation is really bad in bitcointalk.

100% true, what is license means to you if the gambling site has a bad reputation in the community, when it comes to gambling and investing, reputation is everything and the only thing that matters, no gambler will play in a gambling site where there are complaints on how they deal with their members.
And gamblers have Bitcointalk to thank for having a category for gambling announcement and discussions it makes things possible and easy to pick the right gambling site to play.

shoreno

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Quote from: ethereumhunter on October 02, 2020, 09:38:56 AM

I don't check whether the online crypto gambling site has a license or doesn't have because I don't chase anything. I only play on the recommended gambling site, and it doesn't take too long for me to quit and leave on the gambling site. Many gamblers don't check the license on the site they played, but some gambler asks the owner if they have a license or its in the process to have a license. Many gamblers want to play gambling and enjoy the game.

why play on recomended casino when you said you arent into anything . playing on recomended casino means that you are scared to loose or to get scammed but lets not support scam and illegal sites . no need to change what your doing

asking the owner is not guarantee because they can lie and tell you that they have a license , that is if they are illegal or dont have a license but legal and licensed casino dont need to lie because they wont get anything but bad reputation .

ethereumhunter

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I don't check whether the online crypto gambling site has a license or doesn't have because I don't chase anything. I only play on the recommended gambling site, and it doesn't take too long for me to quit and leave on the gambling site. Many gamblers don't check the license on the site they played, but some gambler asks the owner if they have a license or its in the process to have a license. Many gamblers want to play gambling and enjoy the game.

Peanutswar

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Licensed is necessarily needed to operate a gambling platform this must be needed to. make sure that the customer has rights too if there is some problem that might happen if you are trying to play into gambling does not register I think it's time to think and report to take an action.

Also if you want to seek some good gambling find which is already reputable so there is no problem and also for sure they are mostly a lot of number of players because they already know how the gambling runs out with a good reputation and respect.

plvbob0070

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I don't really know how casinos differ when they are registered in different countries since I don't really look at that, even the license. To be honest, I look more at the reputation of the casino if it's well established rather than their license since I go by the thinking that if they have a good reputation and a lot of players especially in the same country I'm living, then there would be no problem with license and restriction. As I can see here, I'm not the only one who does not really look after the license.

skarais

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Quote from: Questat on October 02, 2020, 07:28:15 AM

That's correct, we are in the forum so we should seek some feedback in the forum. Honestly, I don't gamble on gambling sites that has no Announcement thread in the forum because as per experience, sites with ANN thread here are more reputable especially for those who have active promotions and they are active on their ANN thread.

I think ANN thread are very useful for team as well as website customer. Some gambling site allow customer to talk about their experiences and complaint on the site in an ANN thread openly and they will resolve the forwarded problem privately. I think without the ANN thread on the forum it is hard to say that they have a particularly good reputation based on forum user rating.

Questat

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Quote from: Shasha80 on October 02, 2020, 06:36:25 AM

Therefore, the Bitcointalk forum is very reliable to get reviews about gambling sites, so if there is a new gambling
site, I choose to wait for other people to try it first. That way I can get reviews of the new gambling site. Actually I prefer to play online gambling
at an old casino which already has a good reputation.

That's correct, we are in the forum so we should seek some feedback in the forum. Honestly, I don't gamble on gambling sites that has no Announcement thread in the forum because as per experience, sites with ANN thread here are more reputable especially for those who have active promotions and they are active on their ANN thread.

Shasha80

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In choosing a gambling site, I didn't look for one that was already licensed, because many gambling sites without a license have proven fair.
So gambling that has a license is not my top priority in choosing a gambling site, I chose the gambling site based on reviews from those who
have used the gambling site. Therefore, the Bitcointalk forum is very reliable to get reviews about gambling sites, so if there is a new gambling
site, I choose to wait for other people to try it first. That way I can get reviews of the new gambling site. Actually I prefer to play online gambling
at an old casino which already has a good reputation.

Yogee

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As expected, I read different opinions about the topic.

I'm rather surprised how others are comfortable playing with unlicensed casinos as long as they have a long history of paying and serving their customers well. I'm not talking about P2P online platforms here but centralized casinos that can be shut down at anytime. dothebeats also brought up the casino owners rigging the system after a few months of establishing reputation but he didn't mention if that was licensed or not.

Some members also pointed out the importance of this forum when it comes to choosing a gambling platform. I noticed how fast the community is writing their reviews once they are introduced here.

Quote from: jademaxsuy on October 01, 2020, 10:20:48 PM

Casino does not really offer provably fair games for they are doing their business and that is extending their house edge.

Provably fair means you can verify that the process, result or outcome isn't manipulated using blockchain.

House edge is another matter. Casinos design their system to their advantage so they could win in the long run but provably fair mechanisms should prevent them from cheating players.

Darker45

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Personally, I don't care where the online casino I'm playing with is registered, but, of course, it counts that it is operating with a license. However, a license does not actually guarantee that the casino is well and good. In the same manner that the absence of which is also not a guarantee that the casino will fail to provide fair and fun games and overall gambling experience.

Of course, it is not enough that a casino provides provably fair games, but it is a must. It is either I gamble in a provably fair casino or not at all. But we all know the competition among provably fair casinos is very tight.

I am not an expert when it comes to investigating a casino's reputation, fairness, legal compliance, and so forth that is why I often end up playing at casinos which have already created good reputation among gamblers and reviewers. I prefer to settle with tried and tested casinos than new ones.

bobyhodob

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Quote from: btc78 on October 01, 2020, 09:48:49 PM

Quote from: Google+ on October 01, 2020, 06:36:37 PM

Quote from: Johnyz on October 01, 2020, 04:39:42 PM

Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation.

well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.

why need to play in other gambling sites that you are not sure when you can gamble in legit and proven gambling sites already?
there are lots of them here or even outside the forum ,but i advise you to choose the legit and status here in forum like those who have
running their signature campaigns here like what i am wearing.
check it out and it is for you to decide.

maybe according to him a gambling place that is still new and does not have legal legality can provide a lot of profits with a very high risk, but indeed in my opinion if the probability of profit is only 0.1% then I would be better off playing at a trusted gambling place that has clear legality.

jademaxsuy

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Casino does not really offer provably fair games for they are doing their business and that is extending their house edge. They do not need luck to earn but they only created advantage on their part so that they will going to earn. A percentage probably that will help them win in the long run against any gamblers. But this does not mean that a gambler will just going to lose. It is just that there will be few gamblers that could win huge and there will be many gamblers that could lose in gambling. This is why we have seen some lucky gamblers taking home huge wins.

However even gamblers lose in with casino, still the fun and excitement could not be paid as an experience of a gambler. This is why others are doing it for socializing, leisure or other activities that could help them unwind and not really getting into problem. This is the essence of gambling and not by getting addicted to it.

btc78

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Quote from: Google+ on October 01, 2020, 06:36:37 PM

Quote from: Johnyz on October 01, 2020, 04:39:42 PM

Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation.

well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.

why need to play in other gambling sites that you are not sure when you can gamble in legit and proven gambling sites already?
there are lots of them here or even outside the forum ,but i advise you to choose the legit and status here in forum like those who have
running their signature campaigns here like what i am wearing.
check it out and it is for you to decide.

Coin_trader

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Quote from: avikz on October 01, 2020, 12:18:55 PM

Quote from: Coin_trader on October 01, 2020, 04:24:00 AM

Quote from: avikz on October 01, 2020, 12:37:59 AM

Having a license doesn't mean a business is fair. A simple example is butstarz casino which is registered in Curacao but their reputation is really bad in bitcointalk.

That depends on what country you have license. We all know that Curacao license doesn't mean at all, Curacao license only requires fee and a fair system on the casino so as long as you meet that requirements, Casino are already good to go without no further investigation after the initial one. Although some trusted casino have a Curacao license due to favorable tax for the operator.

A Curacao license holder casino needs to be audited every year! Try a little Google search and you will find the information. It also requires the promoters to travel to Curacao at certain intervals for some legal check or so. So while it's easy to get a license from Curacao but it requires certain efforts to maintain it.

I don't need to google search it because I personally experience it with my team when I work with a start up poker casino during 2017. I don't know what's the improvement on there process but still they are the easiest license to get. All things that you mention above is the typical requirements for getting a license even on other country which require more effort and money. Are you just assuming that getting license requires documents submitted via mail??

Try to review UK gambling license requirements.

maydna

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Quote from: Google+ on October 01, 2020, 06:36:37 PM

Quote from: Johnyz on October 01, 2020, 04:39:42 PM

Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation.

well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.

Indeed, but that new gambling site will think about getting a license to prove to their member and people that their business is real. That is what the casino needs to do if they concern to have trust from their members, and with using a license, they can grow their business because people will see that the casino works hard to become a recommended gambling site.

If the casino doesn't have a license, it doesn't mean that they will scam you because perhaps, that is just a process before they can have a license.

Google+

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Quote from: Johnyz on October 01, 2020, 04:39:42 PM

Some gambling site are worth trying for even if they are not licensed and I’m fine with that as long as I can withdraw my winnings, its ok to play with them. I don’t know much about the licensing of gambling site but if a reputable gambling site is also a licensed gambling site, then its a big plus for their reputation.

well I think you have to be careful when gambling because so far there are indeed many new gambling places that have appeared and do not have clear licenses so as much as possible you can try it with small money first to observe the gambling place.

shield132

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Quote from: Yogee on September 30, 2020, 11:34:46 PM

One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered?

I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries.

Questions:
1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation?
2. Is it enough that they offer provably fair games?
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

.......

Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards?

1. Most likely crypto casinos are registered under the law of Curacao. Also want to remind you that major crypto casinos carry the license of curacao. So in crypto world it doesn't mean that casino may be a scam if operates under that license, no. This forum is the place where almost every crypto business starts operating and you'll see all of the major crypto casinos have ANN threads here and are very active. This forum is great indicator to decide whether you can trust this or that casino. There is trust system implemented and you can check whether representative of certain casino here has been banned or not, also you can check scam accusation / reputation threads here about casinos if there exists any and then why that happened, how it was solved, etc.

2. Provably Fair games on some casinos aren't really provably fair because they can fake it. As I told you, reputation of casinos on this forum comes in action again.

3. There are some new casinos made by old ones, for example Stake by PrimeDice and Tower.bet by DuckDice. These are new casinos but established by a professional and well-known ones. If there is a new casino that you don't know and don't want to risk, then wait for a time to pass and keep an eye on it.

goinmerry

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Quote from: Yogee on September 30, 2020, 11:34:46 PM

1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation?

1. Not actually engaging in that part. I do have my own way to analyze if the gambling site is kind of shit or not.

Quote from: Yogee on September 30, 2020, 11:34:46 PM

2. Is it enough that they offer provably fair games?

2. For me, NO but not a big deal if that's the only thing they can offer. Overall, it depends on how they introduce the site and offers something good. Plus of course, if they show some positive traits that a good gambling site should have.

Quote from: Yogee on September 30, 2020, 11:34:46 PM

3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

3. If it's new then I want to see first how they want to improve their reputation starting from scratch. If I saw the effort was good, in terms of marketing, keeping in touch with the community, giving regular updates, and so on, that was a big + to me.

Danslip

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The regulation of gambling platforms is an important factor for obvious reasons, playing in the unlicensed casino is the backdoor for the casino management to cheat on the player and no one will help the victims, from my experience. The new casinos should be tried by gamblers and the gamblers will share their opinions on various forums, social media as usual. Unlike well-known casinos, the license and KYC requirements are the first two things I look for before depositing a cent to my newly registered account.

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Quote from: target on October 01, 2020, 03:54:54 PM

If it doesn't have a scam accusation here in bitcointalk and their trust isn't red, I think its enough reason to test the casino. The users in the forum normally say something when they feel they are being cheated by the casino and if they do have proof they will provide it. And then active DTs will investigate a bit and when they find it authentic, it becomes a valid proof that will reflect to its reputation.

New casino doesn't mean dubious casino but it help if they have license to build reputation.

This is one of the advantage of reading here in the forum. A lot of new casinos can't get their license yet but they can already introduce their platform here and start their business rolling. That is true, if there is no scam accusations thrown to them, then there's no reason not to try on their casino. And if their support is active and fast, then they have good chance that they can attract players. This is also the reason why some casinos are having their test period also, to check potential bugs and issues. Some only acquire license once they are already established, and there's nothing wrong with that as long as they are having good relationship with their players. But yes, having gambling license is a plus even if it is Curacao license.

Topic: Gambling License - page 10. (Read 1617 times)