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 am gambling online for a decade and i never checked about the license they are running but whenever i choose a site i always look for reputation and the longevity and whether they had any scam accusations and what are they things you need to be careful in order to gamble smoothly. All of the fiat based sites have mandatory KYC but the issue i see with crypto based gambling sites is that they will only lock your account if you keep on winning and they will try to find a way to block your winnings and i have seen many complaints regarding that but fortunately i never had those experience and i have verified my KYC in some of the casinos. 
Topic: Gambling License - page 4. (Read 1609 times)
I don't care if a website has license or not because having a license does not mean they will run honestly and they can always ask ID proofs to eat my winnings while a smoothly running casino might not have license but I know they are paying since years to everyone and I don't care as much about their license or anything.
I mean cloudbet has all the licenses one needs but they still have so many problems and same can be said about many other casinos so having license does not reflect too much trust but yes if a trusted casino has license then it brings even more trust. But really I don't care one bit if one has license as long as the games are fair and the website pays.
Always have the same perception towards licenses where it isnt really my main criteria on choosing up a casino because when i do saw that there were lots who had been playing then I mean cloudbet has all the licenses one needs but they still have so many problems and same can be said about many other casinos so having license does not reflect too much trust but yes if a trusted casino has license then it brings even more trust. But really I don't care one bit if one has license as long as the games are fair and the website pays.
you can presume already that it is a good once neither it does have license or not but who doesnt like on a reputable one with license? Of course it would really be a great thing and as said
or mentioned, that will bring even more trust to the platform which might add up even more players.
But if you are looking for a gambling site which accepts cryptocurrencies, most of the gambling sites are not having license because there is no need for third party(banks) on every transactions because payments are directly from the player to casino wallet. Many popular gambling sites are indeed not having license to operate but since they establish a reputations, players still trust them. License is then more necessary to those small time sites in order to gain trust from the audiences, and to eventually establish a name in this industry. In short a license is important to be a reputable gambling site.
I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.
Agree with your submission, we can all attest to this fact that, reputation on gambling platforms or cryptocurrency exchanges doesn't come easily like the license does (anyone can attain license base on their finances) . Mostly on this exalted forum, it took time and tenacity from gambling platforms to gain reputation from gamblers here on the forum, most of my friends outside this space do verify their gambling platforms from this exalted cryptocurrency platform. Today when doing business is better to rely on the authority to avoid getting penalized if it happen that your gambling site will receive or will get a good number of betters and a bigger profit that could get especially if it will be going to establish. In that you will be confident that no one can threaten you especially if there are competitions happen locally in your place where mostly threatening happen both camp to get known which is really better in the competition.
They have advantages of having licensed just like in gambling the owner really need to get a permit from the government because once they caught that there's no licensed yes possible penalized big amount of money and their gambling will close. Every business we create or build permit is must before operate because it also gives for your customer or player a confident that their money is safe because licensed equals legit.
Today when doing business is better to rely on the authority to avoid getting penalized if it happen that your gambling site will receive or will get a good number of betters and a bigger profit that could get especially if it will be going to establish. In that you will be confident that no one can threaten you especially if there are competitions happen locally in your place where mostly threatening happen both camp to get known which is really better in the competition.
What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time
must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then
it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license.
must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then
it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license.
It takes time to get a good reputation but it's not that hard to do that, if you are really serious about having a casino website that is going to be working for 4-5 years and you're going to accept crypto as payment or one of the payment methods all you have to do is add 1-2 games at the start to your website and only work on them specifically for a year at least (the amount of time needed can differ a bit depending on how many people are working on it) to make sure they are not buggy and fully functional and only after that you can attempt to add new games to the platform, that's why so many casino websites struggle at first, because they are trying hard to add as many games as they can at the start not caring about the functionality as much to increase their number of users not knowing it's really hard to do that when you just started specially for a small team.
Also after you added their first game you can make your own thread in this forum and people can give you reviews on your website and after a month or two if your casino website are working fine and members comments are positive your website will have enough reputation that users trust them with their money and from that point you can start gaining more and more users.
I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.
What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time
must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then
it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license.
Perhaps, having a license can make the casino have legality, so people will see that besides the casino is a recommended casino to play gambling, that casino also has a license to run a gambling business. That can make the casino the top-notch of gambling websites, and I am sure that they will invite many more people to visit and play gambling.
Get the reputations will not be easy because the casino needs to make their customer satisfaction with their services. The casino needs to have a 24/7 support system that will always stand by to help the members. If they have problems, they can fix it quickly, so the members will not feel disturbed when they play gambling.
I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.
What you are saying is true, for gambling sites to get a good reputation it takes time to prove it. Of course all gambling sites for the first time
must have difficulty attracting users attention and gaining users trust. So in my opinion, just run gambling sites well and do promotions, then
it will get users by itself. If users are satisfied, they will continue to play, even if the gambling sites don't have a license.
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?
License is important but reputation is everything, I will never play on an online gambling site with a lot of issues even if they have 5 license credited or displayed on their homepage, it will not help you when you encounter issues but for a gambling site that takes care of their reputation and sensitive on their reputation, they see to it that they always render fair decision on every issue.
without any issues for people to seek out if theyre licensed or not and just simply make out their casual operations which do build up trust and credibility.Later on, when they are already gaining
some traction and attention then thats the time they do consider out on getting one which will really add up even more trust since people do always have positive approach when someone is licensed
but its up to them though because there are still places whom doesnt care much about getting one as long they do give out some best service for bettors or gamblers out there.
I think reputation matters but it was not easily be given to anyone they should show first it to the community and only time could tell, some of the most of the reputable gambling sites doesn't have license but we know that they are trusted since through time they proven themselves but of course at first it would be hard for them to attract players and encourage to trust them.
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?
License is important but reputation is everything, I will never play on an online gambling site with a lot of issues even if they have 5 license credited or displayed on their homepage, it will not help you when you encounter issues but for a gambling site that takes care of their reputation and sensitive on their reputation, they see to it that they always render fair decision on every issue.
Every gambler will have a different view regarding the gambling license, there are those who don't mind this and there are some who consider the gambling license important.
But if there a new casino and they already have a license, then this will be a selling point in attracting potential customers because gamblers will feel safer when they play using their platform (although this does not fully guarantee that the casino will not do a scam).
Especially for a reputable casino that also has a license, a casino like this, it is like sugar surrounded by ants because every gambler will like it.
But if there a new casino and they already have a license, then this will be a selling point in attracting potential customers because gamblers will feel safer when they play using their platform (although this does not fully guarantee that the casino will not do a scam).
Especially for a reputable casino that also has a license, a casino like this, it is like sugar surrounded by ants because every gambler will like it.
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?
License is important but reputation is everything, I will never play on an online gambling site with a lot of issues even if they have 5 license credited or displayed on their homepage, it will not help you when you encounter issues but for a gambling site that takes care of their reputation and sensitive on their reputation, they see to it that they always render fair decision on every issue.
For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.
Having a valid gambling license is turning to a must for a gambling website these days and licensed gambling websites are generally more preferred, that being said not having a license does not necessarily mean that the gambling website in question is not safe to use, I used more than few gambling website that had no license but I had no issues with them because apart from the license part they had no other problems and at times they were even better than the licensed ones and had a very good reputation and were quite popular as well.
I can relate to that, I would always choose reputation over anything else as a site with good reputation will less likely gonna scam their gamblers,
When gambling in crypto casinos, we also have to ensure we know how to minimize the risk, take advantage on the number of casinos existing in the crypto space, don't gamble on one casino only.
As the poll says, as of now we already have 62% who voted for '
Quote
I don't care about license as long as reputable
For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.
Having a valid gambling license is turning to a must for a gambling website these days and licensed gambling websites are generally more preferred, that being said not having a license does not necessarily mean that the gambling website in question is not safe to use, I used more than few gambling website that had no license but I had no issues with them because apart from the license part they had no other problems and at times they were even better than the licensed ones and had a very good reputation and were quite popular as well.
For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.
Well, in my case, I would never deposit that big amount in a site that has no license, that's too big to lose, can't afford it.
Maybe $100 usd, max $200, I can still let go and forget if I get scam, I experienced that once in my life, lol.. so it's not new, but you are right, license is a must.
For me it's important that the gambling website has a gambling license even though their platforms or games are fair It does not guarantee that they will not scam anyone for an example a player win $1000 and it reflect on their wallet but they would not be able to withdraw it since the website won't let them. If that's the case they can't complain to anyone since the platform doesn't have a license.
For new casinos it's good to see a license but for old and trusted casinos I'm ok with them even without a license the reputation counts the most gamblers will easily trust and will not look for a license if the casinos have a good reputation people are more comfortable playing on their platform it's not a big issues if they do not have a license.
I agree, no need do a verification or license for old trusted casino.
However, because of Online casino management is messy and almost no one is watching my opinion for a new casino they are mandatory to take security licenses etc from independent institution, taking the license is not about the security system but which puts forward the gambling algorithm because we don't want if the game provide an advantage the bookie or other people.
For new casinos it's good to see a license but for old and trusted casinos I'm ok with them even without a license the reputation counts the most gamblers will easily trust and will not look for a license if the casinos have a good reputation people are more comfortable playing on their platform it's not a big issues if they do not have a license.
I've come to conclusion based on the comments on this thread that honest players who are high rollers would prefer licensed AND reputable casinos.
Those who play casually and bet small wouldn't care about license as long as it has good reputation. They're not going to lose big anyway even if the casino is suddenly seized by the authorities.
Those who play casually and bet small wouldn't care about license as long as it has good reputation. They're not going to lose big anyway even if the casino is suddenly seized by the authorities.
Just like me actually, I don't bet a huge amount of money so if the site will do an exit scam, that's it, just end of the site but I will never get affected a lot as I only put a certain amount where I can afford to let go. The reality is, we are in crypto, even the license casinos can go dark and even if you know them since they are license, question is, would you sue them for just a small amount of money that they scam from you?
That would not be a problem for us if the site finally scams us because we don't use huge money to gamble. We can accept the risk of scamming because we only search for entertainment in gambling games. Perhaps the gambling owner can ask for help from people in the dark market to solve their problem to have a license because many things can buy and sell in that market. No one will know what will happen to that gambling site, whether they have licensed or not, they are reputable gambling sites or not. But we can prevent scamming by always be careful to select the gambling site and don't use a huge amount of money to gamble.
Jump to: