Gambling License - page 6. | Bitcointalksearch.org

Yogee

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Quote from: CarnagexD on October 09, 2020, 02:35:32 PM

Quote from: Kelvinid on October 09, 2020, 08:27:04 AM

It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos.

How is asking can make you dumb? it does makes sense coz you want to know if they are operating by the book with respect to their country's laws. Although license is never a factor for me to play on gambling sites, some people want their playing ground to be licensed, to feel less anxious and of course the comfortability that it gives.

Quote from: Kelvinid on October 09, 2020, 08:27:04 AM

And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.

Gambling platform licensing always depends on the country they are based in, it's fine if they don't need.

I think you and Kelvinid are saying the same thing....that license is important and it's just common sense to ask or look for it before you play in that online casino.

Did both of you voted in the poll? Check the results. I expected more people in favor of license and reputation both present or that license is a must to be honest but that's not what the poll is saying. I also wanted to know their response to the additional questions I asked https://bitcointalksearch.org/topic/m.55323155 It looks like not many are aware of those risks.

DabsPoorVersion

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Quote from: ronaldo40 on October 09, 2020, 02:55:28 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.

MCobian

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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.

ronaldo40

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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

CarnagexD

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Quote from: Kelvinid on October 09, 2020, 08:27:04 AM

It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos.

How is asking can make you dumb? it does makes sense coz you want to know if they are operating by the book with respect to their country's laws. Although license is never a factor for me to play on gambling sites, some people want their playing ground to be licensed, to feel less anxious and of course the comfortability that it gives.

Quote from: Kelvinid on October 09, 2020, 08:27:04 AM

And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.

Gambling platform licensing always depends on the country they are based in, it's fine if they don't need.

wxa7115

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

Quote from: Yogee on October 01, 2020, 12:34:46 AM

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.

plvbob0070

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Quote from: Sadlife on October 09, 2020, 08:38:38 AM

Quote from: Questat on October 01, 2020, 05:06:46 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.

Same goes for me, license is not really mandatory, and i know the risk in playing with unlicense gambling sites. As long as it has good winrate and has high odds. Its good enough for me, because i know how this kind of business works, and how much it cost just to make a website. You need to pay the hosting, devs and marketing. So gambling owners will really have a hard time developing and growing that business, scamming people's money will all be waste of effort especially when you've gone through alot of process.

That's why for me, it's kinda safe to assume that those reputable and trusted online casinos are already licensed even without checking it because they won't be trusted by most gamblers if there are problems with their site. However, as you have said, it's hard to start this kind of business, especially building a good reputation that's why I doubt that this reputable casino will scam their customers even if they are not licensed, that's why I'm more into reputation.

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Quote from: Kelvinid on October 09, 2020, 08:27:04 AM

It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos. And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.

Before you are going to play into a gambling website as you can see to your browser or the web page link is not secured or the browser is giving you are warning because you are trying to visit a not secured website. If we are trying to play into an online gambling website we must need to check if this is secured and has a license to make sure if you will encounter any problem with your account they can respond and not scam your money. If gambling is talking about which is like illegal gambling, for example is gambling for fun, gambling with other people you don't know, gambling house makes illegal gambling you do not need to find them a license.

Sadlife

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Quote from: Questat on October 01, 2020, 05:06:46 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.

Same goes for me, license is not really mandatory, and i know the risk in playing with unlicense gambling sites. As long as it has good winrate and has high odds. Its good enough for me, because i know how this kind of business works, and how much it cost just to make a website. You need to pay the hosting, devs and marketing. So gambling owners will really have a hard time developing and growing that business, scamming people's money will all be waste of effort especially when you've gone through alot of process.

Kelvinid

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when lambo...

It was a dumb thing to ask if the sites have the license or don't have but as we are wanted to play safe, I think it was a good practice to consider before playing with their site, or even on any offline casinos. And I don't think also that gambling sites will prohibit us to know that as it was our right to ask them. If they can show nothing then that was difficult but if they can, the more it attracts players.

Golftech

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Quote from: DoublerHunter on October 06, 2020, 03:51:36 PM

^ Most of the online gambling sites are Offshore Gaming Operators. And definitely right, that not everyone is a gambling company is registered. But this is not a new story. However, even traditional gambling platforms are not duly registered when they operate.
Reviews are not so necessary to consider when looking for a legitimate gambling site, it's more of a personal experience. Reviews are being easily manipulated. Creating dummies that will provide 5 start feedbacks is easy especially here.

though it become an issue here in forum if you are a new gambling site that will be sure questioned about the legitimacy.
but i agree on you that it doesnt need to be licensed to be consider as legit and trust worthy because we have already many of active site here in forum.

Kasabus

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Quote from: fullhdpixel on October 09, 2020, 05:49:18 AM

Quote from: aioc on October 03, 2020, 11:16:17 AM

Quote from: Yogee on October 01, 2020, 12:34:46 AM

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?

This is a plus factor, but on top of this we want to see a gambling site with good reputation accumulated overtime, reputation is still everything, I have so many projects even outside of the gambling where the project is fully compliant and with a known team behind them but they still run away with investor's money.

Yeah and because most of the players are registered from illegal sources like from countries where gambling is not allowed or they have provided fake information at the time of registration so they cannot even complain or make a legal claim about their funds despite being honest and legit.

The most important thing is neither license nor the license provider and the country but actually the running time of the casino because if a website is running from years like Primedice or sportsbet.io then I would never hesitate because I don't even have to know and verify their license but just bet freely because there are so many players playing and I am never at risk more so because I don't make high roller sort of bets.

I don't think most of the players are coming from countries were gambling is illegal, though a casino is licensed but they don't require a KYC for their gamblers, then they will never know if such gamblers are illegally gambling or not, and that is the beauty of the crypto casinos now, KYC is not their product, it's the anonymous gambling as it attracts more gamblers.

fullhdpixel

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Quote from: aioc on October 03, 2020, 11:16:17 AM

Quote from: Yogee on October 01, 2020, 12:34:46 AM

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?

This is a plus factor, but on top of this we want to see a gambling site with good reputation accumulated overtime, reputation is still everything, I have so many projects even outside of the gambling where the project is fully compliant and with a known team behind them but they still run away with investor's money.

Yeah and because most of the players are registered from illegal sources like from countries where gambling is not allowed or they have provided fake information at the time of registration so they cannot even complain or make a legal claim about their funds despite being honest and legit.

The most important thing is neither license nor the license provider and the country but actually the running time of the casino because if a website is running from years like Primedice or sportsbet.io then I would never hesitate because I don't even have to know and verify their license but just bet freely because there are so many players playing and I am never at risk more so because I don't make high roller sort of bets.

FontSeli

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Quote from: ethereumhunter on October 08, 2020, 06:26:23 AM

Quote from: FontSeli on October 07, 2020, 03:47:12 PM

Quote from: ethereumhunter on October 07, 2020, 10:52:17 AM

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me.

I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling.

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.

ethereumhunter

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Quote from: Sanitough on October 08, 2020, 06:29:22 AM

Quote from: ethereumhunter on October 08, 2020, 06:26:23 AM

I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling.

You submit your document because you trust the casino, that's it, usually those who are regulated by the government will implement the law required to them by the authority because they will get penalize if they won't so as a gambler, all we have to do is just to comply and trust them.

Yes, but even if we trust that casino, the casino can be a scam in the future because we don't know what will happen to them later. But that is happening to the offline casino because the owner needs to know who their customer. The offline casino needs to follow many things, including the rule and the law from the local authority. But in the online casino, I think the fiat casino requires you to send the document, but I don't know the truth since I don't gamble in the fiat casino.

Questat

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Quote from: rodskee on October 08, 2020, 07:02:47 AM

This happens because of the strict regulations of other countries thats Why those gambling sites needs to run in Curacao for availability.

i prefer gambling site that has License because i am a law abiding citizen and i dont want to be penalized for not following the rules.

Actually if you gamble on a non license gambling site, you will not be penalized by the authorities, it's actually the gambling sites who are at big risk here.
The only risk you'll get is you can't complain the site legally as you yourself knows you are not gambling in a legit site.

Quote from: rodskee on October 08, 2020, 07:02:47 AM

though in local gambling sometimes i can't deny betting since friends are asking me but i don't stay long and need to get rid of them as soon as i have a chance.

Try to risk sometimes, what particular game you are gambling with? is this is physical casino or an online?

rodskee

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This happens because of the strict regulations of other countries thats Why those gambling sites needs to run in Curacao for availability.

i prefer gambling site that has License because i am a law abiding citizen and i dont want to be penalized for not following the rules.

though in local gambling sometimes i can't deny betting since friends are asking me but i don't stay long and need to get rid of them as soon as i have a chance.

Sanitough

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Quote from: ethereumhunter on October 08, 2020, 06:26:23 AM

Quote from: FontSeli on October 07, 2020, 03:47:12 PM

Quote from: ethereumhunter on October 07, 2020, 10:52:17 AM

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me.

I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling.

You submit your document because you trust the casino, that's it, usually those who are regulated by the government will implement the law required to them by the authority because they will get penalize if they won't so as a gambler, all we have to do is just to comply and trust them.

ethereumhunter

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Quote from: FontSeli on October 07, 2020, 03:47:12 PM

Quote from: ethereumhunter on October 07, 2020, 10:52:17 AM

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me.

I also provided my documents to the exchange because I don't want to have a problem while I trade. But for the casino, I consider that playing gambling is only a secondary thing, and I don't take seriously as other people. Maybe they will provide their document to the gambling website because they use big money to gamble. But I am sure that we really take care of our document, and we don't use it to send our document to just playing gambling.

FontSeli

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Quote from: ethereumhunter on October 07, 2020, 10:52:17 AM

If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.

I take the issue of providing my documents to another legal entity very seriously. During all this time, I have provided my documents only to a few exchanges that are registered in my country and that operate under the laws of my country and I can file claims against them through the court. If the exchange or casino is registered in offshore companies, then I have nothing to take from them. So if I play in an online casino, it's only without KYC and I don't care if they have a license or not. Their long - standing reputation is important to me.

Topic: Gambling License - page 6. (Read 1609 times)