Topic: Gambling License - page 11. (Read 1617 times)
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.
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?
As a gambler I do rely a little on other players, and when looking at legitimacy if it comes from 'sketchy' countries then if it is a new casino
I wait until there're enough feedback before I decide to register or deposit.
Quote
2. Is it enough that they offer provably fair games?
I usually regard places with provably fair games more legit then others but again if this is coming from a less regulated country, this on its own won't be enough.
This is because the casino could still walk away with large amounts of money, having provably fair games doesn't prevent that.
Quote
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?
If new, I for sure won't be the guinea pig. There are too many casinos out there that I can use, there isn't a large incentive to try new ones out, specially if I'm not sure about their regulation etc.[/quote]
Quote
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?
To me it does but again I won't solely rely on regulations, I'd still be careful. This is something others should take after also. 
I have to admit that I'm one of the users who are not looking for a licensed whenever a gambling site got introduced in the Bitcointalk forum nicely and able to answer all queries by the community by their active representative.
And to add trust, if they held a signature campaign here and able to get a good track record in terms of payment.
If their representative unable to answer the usual "Are you licensed?" question which supposedly just a simple matter, then that's the time their legality will be questioned.
And to add trust, if they held a signature campaign here and able to get a good track record in terms of payment.
If their representative unable to answer the usual "Are you licensed?" question which supposedly just a simple matter, then that's the time their legality will be questioned.
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.
I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino? Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose.
More also like me, the licensed casinos had showed to us that; not all licensed gambling casinos that should be trusted. Series of accusations has been raised in the forum without any coregent reasons. The importance of a reputable and trusted gambling casino is; gamblers have used the platform and find sincerity and trustworthiness. Personally, I won't go for gambling platform because it's licensed but without reputation.
I am more on the reputation than the license, why? because reputation means casinos are operating profitably as there's a lot of gamblers who trusted them. I just think that even if we are playing in a license casino and then we got scammed for let's say an amount of $1,000, how far we go to go after the casino? Me, I just for move on and accept the loses, besides I don't gamble what I can't afford to lose.
More also like me, the licensed casinos had showed to us that; not all licensed gambling casinos that should be trusted. Series of accusations has been raised in the forum without any coregent reasons. The importance of a reputable and trusted gambling casino is; gamblers have used the platform and find sincerity and trustworthiness. Personally, I won't go for gambling platform because it's licensed but without reputation. 
2. It isn't enough to for a platform to host a provably-fair game. It has to have some solid backing on it, like an established community, for me to consider playing in their turf. There are some platforms who offered provably-fair games for the first few months, then after people got comfortable, they just rigged the system and disappeared. I forgot the name of that casino but they were red tagged to hell for doing that stunt.
3. I usually avoid 'new' casinos unless some other trusted members here vouched for them, or have played and gave their honest review. Then again, due to that particular casino that I was talking about, I never really tried new casinos anymore starting 2019.
3. I usually avoid 'new' casinos unless some other trusted members here vouched for them, or have played and gave their honest review. Then again, due to that particular casino that I was talking about, I never really tried new casinos anymore starting 2019.
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?
To me the third question is the most important, without a doubt a casino that has a gambling license is preferred but it is not like that is a protection against getting scammed, the most important aspect when looking for a bitcoin casino to play there long term is their reputation over the years.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?
If their reputation is shaky and every few months you see players coming with rightful accusations against the casino even if they are successfully resolved that tells me the casino does not have the best support, which is critical as sooner or later you will run in trouble and you want to know the casino has your back in those cases, but if the casino has a good reputation with little to no incidents then that is a casino where you can play knowing your coins are most likely are safe, but what about new casinos? Personally I do not bother with them since I am not risking my coins just to try a new casino with no reputation.
Does it really matter where the casino got their license as long as they are legit and fair to their players?
2. Is it enough that they offer provably fair games?
It would be stupid to trust a casino blindly just because it is providing provably fair games. Anyone can build a provably fair games, allow users to deposit and then never let them withdraw. Or build trusts for few days and then stop processing withdrawals of those who won big. Reputation matters. The older the casino is, the better it is. They are "old" because they managed to run their business up till today without any problems.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?
Like I said, it won't matter for most of the people as long as the casino is fair and has a very good reputation. 
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. Some of famous sites doesnt have a license or do play on the neutral side but still able to get some attraction due to good service that they had given out to players and make theirselves bigger in a matter of time.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?
2. Its enough for me, as long i do know that they're fair then i wont really have those questions in mind or doubts when i do lost.
3. Common sense, people will really be going after into those sites that had much better review and feedbacks.For something new then we should only test it with small amounts rather than making a big deposit since you wouldnt know if they had just created the site just for them to scam out people.
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. 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. I'm no quite knowledgeable about Licenses I just usually click the logo of the Curucao License at the bottom and usually it links to a website where you can verify its legitimacy.
2. I don't think so since anytime they could close your account, close the website and run away with the players money
3. If they are new I occasionally play there not a big amount of course and maybe some after time there is always one user who will get lucky to win an amount and if they managed to withdraw it or the casino pays the player then that's a good indication that the casino could be trusted.
Most online betting site and casino I visited that require KYC are registered to Malta I don't think the differences about licenses but I mostly stay away from casinos or betting site that asks for personal information
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?
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?
1. We know that having license is one of the most important thing but just like on what others said, it doesnt really matter much to me
as long the sites reputation is okay.
2. You can verify their games but legit sites would really make you able to do so.
3. If you do deal with something new then its always been ideal to test out waters with just a small amount of money and then you can make out your own reviews towards it. You can eventually tell the sites potential by just looking on its appearance on the first place.If you do saw a mediocre or poorly designed or built side
then you would really have those perceptions.
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. 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. I don't really care about the licensing and regulations. Reputation of the site is a must for me.
2. Provably fair game is not enough for me, but its a big plus.
3. If its new, I dont even check them unless some reputed members vouch for them.
Whether the licensing is from Malta or UK or Curacao, its all the same for me.
License is a necessity for gambling casino's it show legitimacy, and people will trust it more and deposit huge amount of money because they know their money is safe.
I see it completely different. A gambling license from Curaçao, for example, is anything but difficult to get and probably not a big hurdle for any casino.Just because a casino had enough money to buy a license does not mean that you can trust it. Licensed or not, does not indicate whether a casino rather scamed you or not.
Without knowing for sure, I think that very few crypto casinos are licensed at all. Maybe efialtis from BTCGosu has more information about this?
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?
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. Curaçao license means nothing to me.
2. No it is not.
3. If it is new, I let the others do the testing. Curaçao still means nothing. OK Maybe not nothing... It may mean a little bit of something but not that much enough to change my opinion.
It is understood through the license that they have come to do business in a serious way. And because of the license, there is no possibility of any sudden major raid by the authorities. Curacao is the easiest to get gambling license, they do not verify well up to the standard of those gambling casinos.
There are many licensed casinos that are not fair, there are many casinos that are not licensed but they are giving good service. So whether a casino is good or bad should be considered in public reviews, but in this case also you have to be careful from paid reviews.
There are many licensed casinos that are not fair, there are many casinos that are not licensed but they are giving good service. So whether a casino is good or bad should be considered in public reviews, but in this case also you have to be careful from paid reviews.
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.
License is just to show that the business is serious (the intent), especially if it is issued in Curacao or other places that don't have good governance. Something is better than nothing IMO.
Provably fair is good, but it has a different purpose than the license. A license is more to make sure the casino doesn't suddenly get raided by cops. Besides, there are only a limited number of provably fair games and even fewer if you count only the "actually playable" from gamers' eyes.
Reputation/review can be a good indicator of a legit casino, but not always since it can be gamed. I'll try it myself even though it has a bad reputation, as always, DYOR.
Very well said. Indeed, having a license contributes to the kind of service that the casino wants to offer and it somehow affects the perception of players towards the casino. And I agree that provably fair games has different purpose with a casino being licensed, it is good enough but it doesn’t stop there. Whether it is old or new casino, it is crucial to conduct research and check out for reviews of players regarding their experiences.Provably fair is good, but it has a different purpose than the license. A license is more to make sure the casino doesn't suddenly get raided by cops. Besides, there are only a limited number of provably fair games and even fewer if you count only the "actually playable" from gamers' eyes.
Reputation/review can be a good indicator of a legit casino, but not always since it can be gamed. I'll try it myself even though it has a bad reputation, as always, DYOR.
License is a necessity for gambling casino's it show legitimacy, and people will trust it more and deposit huge amount of money because they know their money is safe. Actually most gambling sites has those proof in order to operate in the long run, because without license your business maybe banned and can be shutdown by the government regulators, endangering your customer's money.
License is just to show that the business is serious (the intent), especially if it is issued in Curacao or other places that don't have good governance. Something is better than nothing IMO.
Provably fair is good, but it has a different purpose than the license. A license is more to make sure the casino doesn't suddenly get raided by cops. Besides, there are only a limited number of provably fair games and even fewer if you count only the "actually playable" from gamers' eyes.
Reputation/review can be a good indicator of a legit casino, but not always since it can be gamed. I'll try it myself even though it has a bad reputation, as always, DYOR.
Provably fair is good, but it has a different purpose than the license. A license is more to make sure the casino doesn't suddenly get raided by cops. Besides, there are only a limited number of provably fair games and even fewer if you count only the "actually playable" from gamers' eyes.
Reputation/review can be a good indicator of a legit casino, but not always since it can be gamed. I'll try it myself even though it has a bad reputation, as always, DYOR.
Jump to: