No casino will come out here and boast that they are legit and reputable because they are a licensed casino, they have to prove that they are reputable by addressing all concerns and giving their players a good experience, a license is good but what they do and how they operate are the ones that define them that they are reputable.
Don't look at the license if you want to play at a casino look at reviews and check their TOS and privacy policy if they are deceptive any casino can scam you anytime whether they have a license or none, just be aware of the casino you're playing.
Topic: License: is it a guarantee? - page 4. (Read 533 times)
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
Absolutely not. License is not a software that prevents a casino if they are attempting to scam their clients. It isn't even an indicator on whether or not a casino is a scam. License is a document that allows your casino to operate legally under the regulations of the authorities. However, licensed casino may not likely going to scam their clients because the authorities could easily track them down, but there are still instances where casinos will play tricks on their TOS.
Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any casino without a license, which I think is a cautious thing to do.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
That's not a guarantee there are also licensed casinos that are also scams but because getting a license costs money at least it can prove a little that the casino is serious about the business they are developing and also prove that they have a budget because often capital is an obstacle for new casinos and think that building a casino business is like a certainty of profit and dare to start with minimal funds because they think when it is running will make payments from the profits earned but forget that getting players is not easy and there is also a chance that their players get a big profit that will lead them to difficulty paying players, so the house always wins is not 100% accurate. But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
No it's not guaranteed that a licensed casino won't scam but it's better to use a licensed casino that one that's not even licensed, they have the reason to steal your money simply because they are not licensed compare to the casino that's licensed.
Also those licensed casinos that scam people can still end up in trouble one day, if there is a lot of complains and reports, the law might decide to look into the case, but a unlicensed casino will freely walk away and it will be left for the users to be blamed, like why did they use a casino that's not even licensed?
To avoid all this craps, go for the most popular online casinos, or those that have good reputation, 1xbit turned scam and everyone knows about it, there is no point going into such casino to try your luck, you will definitely get scammed too, reputation speaks louder among online casinos.
Also those licensed casinos that scam people can still end up in trouble one day, if there is a lot of complains and reports, the law might decide to look into the case, but a unlicensed casino will freely walk away and it will be left for the users to be blamed, like why did they use a casino that's not even licensed?
To avoid all this craps, go for the most popular online casinos, or those that have good reputation, 1xbit turned scam and everyone knows about it, there is no point going into such casino to try your luck, you will definitely get scammed too, reputation speaks louder among online casinos.
Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any casino without a license, which I think is a cautious thing to do.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
That's not true, with or without a license a casino could scam you, a license is not a guarantee that you are safe you have to always check the status of the casino you're playing, the license shows that they are compliant with the regulatory board like AMLAC, and they show seriousness in running their business because it cost money to get a license but you should not feel comfortable when playing in a casino because of the license there's a lot of casinos here who scammed their players even if their license is prominently displayed on their homepage.
I prefer to check the scam accusation here or independent casino reviewers to check the status of the casino than rely on a license, but you must also know how to weigh or check if the accusations are valid, any gambler can open an accusation but only a deep analysis can prove if the accusation will stand.
Not really, it seems like there are some casinos that are licensed but cheat their customers, for me the license is part number two and the first thing is the reputation of the site usually to play on the site I usually always look at the reputation first from some people on this forum not out there , because of course forum friends here might provide honest reviews and feedback compared to those out there who might do paid reviews.
In my view, a license is always synonymous with a strict casino and there are KYC regulations in it, so to differentiate between KYC and non-KYC casinos, usually just look at the site's license and it can be seen that they are sites that implement KYC regulations on their site, but that's just my view. and maybe it's different from the views of other friends here.
In my view, a license is always synonymous with a strict casino and there are KYC regulations in it, so to differentiate between KYC and non-KYC casinos, usually just look at the site's license and it can be seen that they are sites that implement KYC regulations on their site, but that's just my view. and maybe it's different from the views of other friends here.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
Obviously no, it's just a protection for the gamblers so if they choose to go after with the casino owner/s, they will be able to file a lawsuit against them, compared to a non license casino where you aren't aware who are the people behind them. The reason for choosing a license casino over none is only to minimize the risk of getting scammed.
Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any casino without a license, which I think is a cautious thing to do.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
There are procedures involved in getting a license, the purpose of which include but not limited to making sure that the operators are clean and will not use it for illicit activities. License also make it easier to check the excesses of the operators should they decided to deviate from their modus operandi. An unlicensed casino does not put in place the legal framework through which people can seek redress should there be sharp practices that need legal interpretation. This is because even their TOS is not legally binding because their are not operating under any legal jurisdiction. But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
However, obtaining license does not exonerate casinos from nefarious activities, some still do even with their licenses. As a matter of fact, there have been reports of licensed casinos that cheats and undo their customers. This shows that license does not solve the whole problems.
A casino that has a gaming license from Curacao, UK, US, or a license from another country does not guarantee that the casino will not scam its users. But even though the license does not guarantee that the casino will not be a scam, at least the gaming license will provide security to players such as the legality of the casino's operations, fairness in the game, disputes between players and the casino, and the credibility of the casino. So that is the reason why many players prefer to play on a licensed casino platform compared to one that is not.
Every reputable gamblers wants to gamble in a reputable firm so that no dimensions would go Contrarily.
Every licenced firm is sure of legitimates and cordial coordinations to be presentations with no comprises and no Contrary. So gambling in a licensed and registered casinos would always save one with is a reasonable gambler to a moderate gambling environments and expected to operate professionally in ligns with its terms and conditions and also considering the rights and conduciveness of the gamblers.
Gambling with a licenced also guarantees gamblers to hold legal responsible of any bets gambling casinos that is to bridge the right wellness of the gambler.
I bring to you about gamblers who won #137M equivalent to $114K who accused the gambling company of refusal to pay them their money. https://www.okay.ng/1xbet-faces-accusations-of-refusing-to-pay-n137-million-in-winnings-to-two-nigerian-bettors
It should be believed that if the gamblers actually won then they could take legal law to face with the gambling company to pay them their money following the anchors of the lotteries and gambling commissions terms.
Every licenced firm is sure of legitimates and cordial coordinations to be presentations with no comprises and no Contrary. So gambling in a licensed and registered casinos would always save one with is a reasonable gambler to a moderate gambling environments and expected to operate professionally in ligns with its terms and conditions and also considering the rights and conduciveness of the gamblers.
Gambling with a licenced also guarantees gamblers to hold legal responsible of any bets gambling casinos that is to bridge the right wellness of the gambler.
I bring to you about gamblers who won #137M equivalent to $114K who accused the gambling company of refusal to pay them their money. https://www.okay.ng/1xbet-faces-accusations-of-refusing-to-pay-n137-million-in-winnings-to-two-nigerian-bettors
It should be believed that if the gamblers actually won then they could take legal law to face with the gambling company to pay them their money following the anchors of the lotteries and gambling commissions terms.
Yes it's still a means to show that they are a legitimate business but it's not the end all be all for casinos. The most important thing about having a license is that gamblers can seek legal help from these regulators in case the casino wronged their customers. Whether or not the license providers would actually help and intervene is another matter though.
License as a legality that is recognized by the provider, this is not about any guarantee.We never know about customer fraud later, if the casino is honest in running a business then it will never happen, casinos also want to grow so they will definitely maintain their reputation.
To date, I don't know if any casinos have come out with a lot of customers' money?
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
A license does not provide guarantee that casino will not commit fraud in the future but at least if the casino has license it is clear that they already have permission to operate in this gambling industry and of course it provides series of confidence that the licensed casino will definitely prioritize their development.In contrast to casinos that do not have license, it is more likely for fraud to occur because every casino that is truly well developed and has long term existence must have operated under the license from the start.
For example, you can see that all the big casinos that have developed well and have high reputation and trust definitely have an official license.
For new casinos, perhaps license cannot be used as benchmark that they will develop well and can be relied on.
But my advice is to always be careful with new casinos even though they already have license and prioritize getting reputable casino that is clearly large and well developed to become favorite place.
That way, the possibility of fraud can be minimized.
Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any casino without a license, which I think is a cautious thing to do.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
You shouldn’t think a gambling site is real and they will never scam you just because they have a licence. When scammers are trying to scam, they do everything possible to make people think they are so that they will be able to earn people’s trust, but at the end, they end up defrauding people, so most gambling sites will always have a licence, so don’t trust a gambling site because of a license. And some gambling sites might not have the intention of defrauding people right from the beginning, but when they start operating and maybe things don’t go as planned, they will end up defrauding people before leaving the space.
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As others have said, it's not a guarantee, and I can say that it's not that expensive to get a Curacao License to start your online gambling site.
That is the problem. If we were talking about the licences required in many European countries, which are much more expensive and more difficult to obtain, the likelihood of scamming would be considerably reduced.
And on the other hand there are still a few unlicensed casinos out there and they haven't scammed anyone that I know of. In the end, running an honest business is more profitable in most cases than scamming your customers.
Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any casino without a license, which I think is a cautious thing to do.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
Can't say for sure cause any thing can happen, even I trusted cex can crash down, so how much more a casino that doesn't hold much from its customers. We already experience some scam games in some casino, no matter how hard you play, you never will experience any win, so it possible. Though the function of a license is to gain reputation and prove to the users of that service that, it can be trusted. But trust have been broken on several occasions and online casino isn't an exception.
I have experience some scam from 1xbet casino. I created an account and made some deposit and when I logged out and try logging in, I couldn't find on account.
From my personal opinion regarding licensing, I cannot guarantee that the site is free from scams. Maybe the license is based on the game being tested to be fair and suitable for general and legal play. Regarding whether it is a scam or not, this is not a guarantee, because whether it is a scam or not depends on the management.
I think getting a license goes quite beyond of the games which are provided in the casino and whether those are fair for both the casino and the gamblers or not. I am not an expert, but the license also implies the company behind the casino has a physical and registered address in the country where they intend to operate from and also it could have with the securing of having enough bankroll to serve a certain amount of volume. The issuer will be sure the casino has some bank accounts and the address, so the taxing can be done properly and in a shifty way.
The fact a casino would need to have some person responsible of facing the authorities is not a problem for scam and shady sites, if they can either forge documents or some member of their scam is willing to be the face of the casino before disappearing with all the money.
Licenses are not a guarantee, but in an ideal world they would, and any registered/licensed casino could not abuse of their position to dive into shady practices either, without being afraid of the law internationaly.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
No, it’s not a guarantee.
Take 1xbit.com for example, it is a licensed casino but that did not prevent them from their scammy activities and the same goes for other casinos that have being labeled as a scam in this forum but yet have acquired their license.
Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any casino without a license, which I think is a cautious thing to do.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
No it is not, how much is required to avail license to how much they can scam players? if they are going to capitalized the amount of license and take x100 of that amount from scam victims then this is a win win situation right?But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
never just look about the license because criminals and scammers have dozens of ways to getaway from those events so be aware of that.
Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any casino without a license, which I think is a cautious thing to do.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
No it is not, how much is required to avail license to how much they can scam players? if they are going to capitalized the amount of license and take x100 of that amount from scam victims then this is a win win situation right?But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
never just look about the license because criminals and scammers have dozens of ways to getaway from those events so be aware of that.
Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any casino without a license, which I think is a cautious thing to do.
But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
No it is not, how much is required to avail license to how much they can scam players? if they are going to capitalized the amount of license and take x100 of that amount from scam victims then this is a win win situation right?But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.
never just look about the license because criminals and scammers have dozens of ways to getaway from those events so be aware of that.
From my personal opinion regarding licensing, I cannot guarantee that the site is free from scams. Maybe the license is based on the game being tested to be fair and suitable for general and legal play. Regarding whether it is a scam or not, this is not a guarantee, because whether it is a scam or not depends on the management.
Yes it's still a means to show that they are a legitimate business but it's not the end all be all for casinos. The most important thing about having a license is that gamblers can seek legal help from these regulators in case the casino wronged their customers. Whether or not the license providers would actually help and intervene is another matter though.
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