Gambling License - page 5. | Bitcointalksearch.org

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Quote from: Questat on October 01, 2020, 04:06:46 AM

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.

For me, a license is good because the gambling casinos just want to prove that he is compliant and he wants to shows to his clients that he is a legit gambling casino, but of course, reputation is still one of the important things that gamblers will look when they are looking for casinos to play, they don't want to have issues on the casinos they are playing like accusing them of multi-accounts or using a VPN

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Quote from: johhnyUA on October 16, 2020, 03:54:23 PM

Quote from: jostorres on October 15, 2020, 01:42:20 PM

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.

Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore).

And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems.

And this is where many people get tricked, it will be nice to remember recent history with 1xbet.

Do you really find the strength and money to go to sue a casino in the country that issued the license? For example, the island of Curacao is very far away from you. You will need not only to come to this country but also to hire lawyers. You must be deceived by a significant amount to make sense to go there and spend money on filing a lawsuit.

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Quote from: Yogee on October 16, 2020, 11:55:41 PM

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.

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?

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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.

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Quote from: johhnyUA on October 16, 2020, 03:54:23 PM

Quote from: jostorres on October 15, 2020, 01:42:20 PM

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.

Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore).

And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems.

And this is where many people get tricked, it will be nice to remember recent history with 1xbet.

When you enter the world of gambling, you must also know your rights so that you wont get disappointed when something happened. If you use a gambling site that is licensed, if something happened you can go to the court because you have your rights to speak. If you use a gambling site that is not licensed then you will be having no rights since you manage to use it even if it doesn't have license and court doesn't have a business with you.

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Quote from: jostorres on October 15, 2020, 01:42:20 PM

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.

Let's talk more precise: If casino don't have license, this doesn't mean that this is not provably fair. But every casino which has license is for sure provably fair (of course if it is not a license from Barbados or some other offshore).

And another pros is that if something will went bad way, you can always go to court of a country which gave license to that casino and force them to pay for your loses. If casino is illegal, noone will help you with your problems.

And this is where many people get tricked, it will be nice to remember recent history with 1xbet.

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Quote from: Saisher on October 15, 2020, 10:13:10 PM

I'm not even looking if they are registered or where they are registered all I care is if they have a good reputation in the community and what the community is saying about their platform, license is a big factor for legality but it's really the reputation that matters and that will count the most among gamblers, they want fairness and reputation on how they address issues as they come.

It all comes down to when you win the purse at an on-line Casino and then they renege on paying you the bag of coins you are owed because you weren't signed up properly, or from the *wrong* country or similar excuse will be when you will want to know if the Casino is Licensed or not so that you can chase after them to recoup your lost winnings.

That's usually the only time people care if the site ir License or not.

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

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'm not even looking if they are registered or where they are registered all I care is if they have a good reputation in the community and what the community is saying about their platform, license is a big factor for legality but it's really the reputation that matters and that will count the most among gamblers, they want fairness and reputation on how they address issues as they come.

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Quote from: jostorres on October 15, 2020, 01:42:20 PM

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
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.

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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.

FontSeli

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Quote from: wxa7115 on October 14, 2020, 12:40:56 PM

Quote from: FontSeli on October 11, 2020, 01:01:37 PM

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Creating a new casino out of nowhere is very difficult these days after all the competition is fierce since there is a lot of money to be made and as we know success attracts success so people tend to gravitate to the old and established casinos before trying a new one, however there are instances in which a new casino may have an edge over other new casinos, like when a gambler is deciding between gambling in a casino with a license with no reputation and a casino with no reputation and no license as gamblers may feel safer playing on their casino and when given the choice they will select them.

But when compared to the rest of the casinos they are playing with a disadvantage which is why if the new casino is not innovative and does not bring something new to the table most likely it will eventually fail.

Now the competition is great in all areas of business. However, new campaigns continue to appear. There is no problem to create a new casino. All you need is good money. For good money, you will create a great website, conduct an amazing advertising campaign, and install good bonuses that will attract a lot of players from other sites. You can also buy a license for the money. So if you have money, there is no problem to create a new online casino.

Quote from: tbterryboy on October 14, 2020, 01:02:49 PM

Exactly they just view your card and verify which means they are only verifying that who you are and your eligibility to gamble. Online casinos also do the same but we have to provide them the picture which is where the danger starts because now that they have the picture they can use the photo to make illegal accounts, use them for gambling and a lot more which ultimately means you get in trouble.

I know. When you enter a casino, they usually check whether you have reached the age allowed to play and whether you are not blacklisted. And this is not always done.

Quote from: tbterryboy on October 14, 2020, 01:02:49 PM

Quote from: FontSeli on October 06, 2020, 03:04:24 PM

Online casinos will never reveal information about the ultimate owners of the business. In addition, they or their dishonest employees can sell a scan of my passport on the dark market.

Also people often forget that the employee in the online casino are temporary and while the casino itself might never had cruel intentions but the people whom you submit the identity can always keep a copy of it to themselves and later they can extort you suppose they know you are a big gambler and they can always create problems.

Most often, site owners do not set a purpose to sell someone's documents. However, employees can secretly copy and sell documents on the black market.

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Quote from: FontSeli on October 06, 2020, 03:04:24 PM

I have nothing to hide either. When I go to a regular casino to play and they ask me for my passport at the entrance, I show it without any problems. Because I know who owns this casino. Besides, they don't photograph my passport.

Exactly they just view your card and verify which means they are only verifying that who you are and your eligibility to gamble. Online casinos also do the same but we have to provide them the picture which is where the danger starts because now that they have the picture they can use the photo to make illegal accounts, use them for gambling and a lot more which ultimately means you get in trouble.

Quote from: FontSeli on October 06, 2020, 03:04:24 PM

Online casinos will never reveal information about the ultimate owners of the business. In addition, they or their dishonest employees can sell a scan of my passport on the dark market.

Also people often forget that the employee in the online casino are temporary and while the casino itself might never had cruel intentions but the people whom you submit the identity can always keep a copy of it to themselves and later they can extort you suppose they know you are a big gambler and they can always create problems.

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Quote from: FontSeli on October 11, 2020, 01:01:37 PM

Quote from: wxa7115 on October 09, 2020, 12:15:16 PM

What happens is that some casinos are trying to use their licenses as a way to gain trust with the community while that is not really a sign of being trusted to me because as we know there are many countries in which it is very easy to obtain a gambling license.

The best way to build trust is the old fashioned way, the casino needs to treat their customers right and not scam them, they need to try to resolve an issue with their clients as soon as possible, they need to have a nice interface, they need to pay their clients right away when they want to withdraw their money and more importantly they need to do this for years and if they can do all of that then they will earn the trust of the community.

I have never received a gambling license so I can't say how easy it is to get one. I can only assume that obvious fraudsters will not be given a license for sure, because the licensor also values his reputation.
You said the right thing about the casino's approach to earning money. It is much more reliable to work for a long time and earn money than to cheat to snatch a small amount. However, this is a difficult path and not all casino owners want to follow it.

Creating a new casino out of nowhere is very difficult these days after all the competition is fierce since there is a lot of money to be made and as we know success attracts success so people tend to gravitate to the old and established casinos before trying a new one, however there are instances in which a new casino may have an edge over other new casinos, like when a gambler is deciding between gambling in a casino with a license with no reputation and a casino with no reputation and no license as gamblers may feel safer playing on their casino and when given the choice they will select them.

But when compared to the rest of the casinos they are playing with a disadvantage which is why if the new casino is not innovative and does not bring something new to the table most likely it will eventually fail.

FontSeli

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Quote from: wxa7115 on October 09, 2020, 12:15:16 PM

Quote from: FontSeli on October 05, 2020, 06:57:07 PM

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

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?

Of course, I would like the casino to be checked by authorized persons and issued a license if everything is fair there.
However, this license is not as important as the honest reputation of the casino, which is developed over the years.
Also, for crypto casinos that make games in the blockchain and have the ability to check each bet, the license is absolutely unimportant.

What happens is that some casinos are trying to use their licenses as a way to gain trust with the community while that is not really a sign of being trusted to me because as we know there are many countries in which it is very easy to obtain a gambling license.

The best way to build trust is the old fashioned way, the casino needs to treat their customers right and not scam them, they need to try to resolve an issue with their clients as soon as possible, they need to have a nice interface, they need to pay their clients right away when they want to withdraw their money and more importantly they need to do this for years and if they can do all of that then they will earn the trust of the community.

I have never received a gambling license so I can't say how easy it is to get one. I can only assume that obvious fraudsters will not be given a license for sure, because the licensor also values his reputation.
You said the right thing about the casino's approach to earning money. It is much more reliable to work for a long time and earn money than to cheat to snatch a small amount. However, this is a difficult path and not all casino owners want to follow it.

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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?

To be very honest, I avoid any new casinos out there and rather stick to the ones that I have used in past with small amounts or they have a established thread here in the forum and some decent record. The thought behind this is that if they are not scamming people who bet more than 1-2 bitcoins then there must be no reason to for them to scam me for a few bucks and I don't bet big either so I am not really concerned about it much but yes I always look for things like legality of a casino because in case i win big, they can always hide behind shady clause and terms and conditions and ask for ID proofs which I am never comfortable providing to a online crypto casino for obvious misuse problems.

I don't bet big but then I might win something big at times from slots so it is important the casino is legal and they would never have problems paying a few hundred bucks if they are legal.

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Quote from: FontSeli on October 08, 2020, 12:05:24 PM

I told my case, you told yours. There are other people who manage to make good money on gambling, and they may not mind providing their KYC documents for the casino.
Personally, I would advise everyone to take a serious approach to such a moment as providing their documents to others. Even if the exchange or the casino have an international license.

Yep, it is better to be careful when we want to provide the document because we never know what will happens to them. If we heard someone getting scam from the exchange, we should be extra careful, and if we use that exchange, it's better to leave that exchange before it's too late to save our funds. We can do nothing if the exchange scams us, and we will not have a chance to get our money again.

Quote from: Serious475 on October 10, 2020, 05:18:13 AM

If you want to play gambling you does not need to consider the license because it's just proof of you can operate your business. There are a lot of gambling places right there goes operate without any kind of license. Some of the gamblers doesn't need that they need is to have a safe gambling house or place which are secured and already reputable to avoid them getting caught in case.
If we're you choose your best gambling places.

As long as you can playing gambling on a website that has reputations, you don't have to feel worried. I think it is our responsibility to play on the gambling site, which has a license and doesn't have a license because that is our money. We need to protect our money from anything that might happen, and if we want to play gambling, we can choose any gambling site that we want.

Question123

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License is very important to every business you build because it's look more legit and many people will trust to you so if a gambling sites have permit for sure high probability to have a lot of players because of the legitimacy. In reality more gambling sites here are not registered or does not any permit but still people are playing . But I suggest to everyone who are plan of having online gambling sites just make sure that you have a license in your country first before open your sites to prevent trouble because for sure a government saw that you operate a gambling through only they will fine you and possible your sites to close.

Serious475

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If you want to play gambling you does not need to consider the license because it's just proof of you can operate your business. There are a lot of gambling places right there goes operate without any kind of license. Some of the gamblers doesn't need that they need is to have a safe gambling house or place which are secured and already reputable to avoid them getting caught in case.
If we're you choose your best gambling places.

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Quote from: MCobian on October 09, 2020, 01:57:43 PM

Actually the gambling license does not guarantee that the gambling site is trusted and safe to use, there are still many gambling sites
that have licenses it turns out to be scams. So the thing that matters to me is reputation, to choose a gambling site that I will use,
I choose a gambling site that has a pretty good reputation. This forum is the perfect place to find reputable gambling sites. Usually the
reviews from old members of this forum regarding gambling sites can be trusted.

I think right now it's easier to get a license so instead, it's better to find a well reputable website who is already known for good and fair gambling of course is there any member would like to play gambling which is the odd to win is so low?
Also, some of those gambling websites are already run a campaign right here and a few of them are already gained a lot of players because they have good features too.

For me when I play gambling I always consider the customer report or service, the odds, the UI, and UX.

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Quote from: DabsPoorVersion on October 09, 2020, 05:29:08 PM

Quote from: ronaldo40 on October 09, 2020, 01:55:28 PM

this seems a good topic i was thinking of how many users preferred casino with license rather than casino who doesn't have. for me license doesn't matter as long as the casino have build reputation and been running for a long time now about the new casino without license? seems a bit risky to test it out

Same here, I'd prefer a casino who build their reputation,

As long as it is legitimate and everyone who plays on that certain casino, there is no problem for me if they don't have a license. And bout the new casino without a license, it is risky especially if there is no one who can prove that they are legit.

From my point of view, I prefer a gambling casino that has both reputation and license because it is more trustworthy and safe if a casino have both of these that sometimes you don't need to check it to know if it is safe to play. Only checking it's reputation is fine, but how are you sure that some people are not paid from promoting and reviewing casinos a good reputation who doesn't have any license.

Topic: Gambling License - page 5. (Read 1618 times)