Licenses and Casino reputation - page 2.

Sanitough

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Quote from: joeperry on December 26, 2022, 03:27:30 AM

I don't know that much about license but the benefit in having a licensed gambling site is that you know that they are operating legally and the chance of running away is a little bit low as you can track and report them to authorities.

Personally I feel comfortable playing on a gambling site that has gambling license but not all gambling site that has license are legitimate, some of them turning out to be a scam so it doesn't mean that it is safe haven for gambling players.

I guess that’s all we want as gamblers, to land in gambling casinos that are operating legally so that we can feel security while gambling. But I believe licensed casinos are not free from having issues and problems that will surely challenge the casinos to stay at edge from other casinos. But as long as casinos have address the problems and resolve them quickly, I think that’s the most important thing so that gamblers will definitely stay on the site.

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Curacao license is the most basic license that online casinos can acquire in order to start their business. AFAIK it is only acquired for formality in order for the platform to start its gambling operations within the jurisdiction of Curacao. It is certainly the easiest to acquire because a lot of gambling platforms have this license and are operating under and within this license's terms. A gambling platform is expected to shell out more or less $30k in order to get the license, so for a gambling platform to have this license and still dip after an exit scam means they have already got more than their initial investment.

And of course, gambling platforms can operate without any license whatsoever, it's just that it will certainly look shady from other people's perspective, leading to them not getting that much patrons and customers.

Poker Player

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Quote from: Hispo on December 27, 2022, 10:41:03 PM

I do not much about the bureaucracy behind casinos, but perhaps the whole licensing has more to do with the owners of the casinos behind able to freely move their money around bank accounts of different countries without raising any suspicion from regulators about illegal activity.

Probably, If I showed up at London with a bag of Cash and claimed I own a casino (to explain the origin of the money) authorities would ask me for a license.

I'm sure that's the case as well. Even more if we think that what many casinos say in their ToS is not true, like that if you go over a certain amount in bankroll or wagered, they will ask for KYC and in reality they don't ask for it, or that if you live in certain countries you can't bet there and in reality they let you. This sometimes gives problems because they do ask for KYC or block you for playing from a certain country when you have won a large amount, but of course many do not implement what their ToS says in a strict way.

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I assume licenses only matter if a gambler have a dispute with the casino over an important quantity, important enough to invest money in suing or legally prosecuting the casino. It would also help if the person in question happened to live close to the casino headquarters, I believe.

I do not much about the bureaucracy behind casinos, but perhaps the whole licensing has more to do with the owners of the casinos behind able to freely move their money around bank accounts of different countries without raising any suspicion from regulators about illegal activity.

Probably, If I showed up at London with a bag of Cash and claimed I own a casino (to explain the origin of the money) authorities would ask me for a license.

lienfaye

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Quote from: traderethereum on December 27, 2022, 07:49:40 PM

Quote from: FanEagle on December 27, 2022, 03:36:01 PM

There are way too many people like that and as a smart user who knows the rules most of the time, I can see the complaints a mile away, hell I can guess what people will complain about when I read the rules even before they start to complain about it.

Because some rules are a lot more strict than others and some rules are not common, so when it's in there I know that people will be mad about it and they will want to change some things and they will not read the rule book and they will gamble the way they want and then come back and complain about it. It's fine for me though, I would never gamble in a place without reading the rules, so I am not caught off-guard.

Quote from: ?? on ??

Terms and conditions hadnt been made just for nothing and as a user then it would really just right for us to follow out on whats stated or been said on there, because if you do violate one of those things then it would be understandable that they would really be making out actions basing up on what you had done.Its true that not all issues and complaints are really just totally be blamed out on the company or platform
itself and this is why it isnt really just right that people would really judge away or directly without even trying out to know the truth.There are indeed circumstances which players or users
itself are the ones who do need to get blamed on.

That's why mistakes usually occur because of our own mistakes that don't read the rules written in the casino and that happens to many gamblers.
And accidentally, we make mistakes that cause something to our account or can't withdraw the winning money we get.
This will make us angry but we have to be able to make it a valuable lesson so we can read every casino rule.
That way, we won't have any more problems in the future and can play gambling comfortably at a casino that fits what we want.

It is necessary for gamblers to read the terms and condition of a certain casino to be aware of the rules and to prevent ourselves committing violation. If we know their rules and still break it then there's no one to blame but ourselves.

Well anyway, a casino with license means it's operating legally. However it doesn't guarantee that the casino is not scam, thus it's important for us to be extra careful in choosing what casinos to play in. Always consider the feedback of gamblers before making a decision because real experience is the best guide and reference to not ending up in casinos with bad reputation.

traderethereum

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Quote from: FanEagle on December 27, 2022, 03:36:01 PM

There are way too many people like that and as a smart user who knows the rules most of the time, I can see the complaints a mile away, hell I can guess what people will complain about when I read the rules even before they start to complain about it.

Because some rules are a lot more strict than others and some rules are not common, so when it's in there I know that people will be mad about it and they will want to change some things and they will not read the rule book and they will gamble the way they want and then come back and complain about it. It's fine for me though, I would never gamble in a place without reading the rules, so I am not caught off-guard.

Quote from: ?? on ??

Terms and conditions hadnt been made just for nothing and as a user then it would really just right for us to follow out on whats stated or been said on there, because if you do violate one of those things then it would be understandable that they would really be making out actions basing up on what you had done.Its true that not all issues and complaints are really just totally be blamed out on the company or platform
itself and this is why it isnt really just right that people would really judge away or directly without even trying out to know the truth.There are indeed circumstances which players or users
itself are the ones who do need to get blamed on.

That's why mistakes usually occur because of our own mistakes that don't read the rules written in the casino and that happens to many gamblers.
And accidentally, we make mistakes that cause something to our account or can't withdraw the winning money we get.
This will make us angry but we have to be able to make it a valuable lesson so we can read every casino rule.
That way, we won't have any more problems in the future and can play gambling comfortably at a casino that fits what we want.

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Quote from: traderethereum on December 27, 2022, 01:52:24 AM

Quote from: harizen on December 26, 2022, 06:11:29 PM

Besides, why think that a licensed provider can be useful during the time when users are being fuc*ed up by these casinos even with a license?

In order to at least minimized being shi*tted by these online casinos, just play at those casinos that already earned being reputable in the industry.

But honestly, complaints and issues are sometimes because of the user's fault.

We must realize that complaints and problems often occur due to our own mistakes because we often forget what we did at the casino.
We are not aware that what we have done is against casino rules but we don't admit it and instead accuse the casino of fraud against us.
If so, even licensed casinos will have a hard time solving this because they have already provided evidence that the user made a mistake.
But as long as we can play at a licensed and reputable casino and we're not trying to break any casino rules, we should be fine.

That is why accusations have no use. Those which has proofs are the ones to be given an 'eye' by the majority. Some people inded jist cannot accept their fault on some instances. There were even topics in this forum wherein complaint backfired to the OP after accusing a reputable gambling site when he failed to support his claims.

There are many gambling sites in this industry; some are licensed and some are not. Problem is knowing if the license is legitimate especially if you are not feom that country wherein a licensed gambling site is registered. A player could only rely from the reputation of that gambling site and won't be certain that nothing bad could happen on his winnings or assets in gambling.

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Quote from: RapTarX on December 25, 2022, 11:00:07 AM

There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

In fact, Curação has a government that has opened the doors to all types of casinos, with simple legislation, low taxes and very little bureaucracy, these are just the reasons that lead websites to place Curação at the top of their preferences when they want to open a casino. online.

As for player safety, unfortunately that doesn't mean anything.
In fact, we can say that it's even better than a site that has nothing, because at least we'll have someone's name to look up in case something goes wrong.
But, make no mistake, because nowadays there are many companies that provide licensing services in Curacao, in fact they are facilitators, who intermediate the license between the government and the real owners.

If you are looking for security, you need to go far beyond a valid license, I believe that the reputation of a site is the best "thermometer" to measure its trust.

Casdinyard

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If you're talking about online casinos, it's pretty hard to discern their authenticity especially if they are just an up and coming gambling site. Anybody could just fetch a png image of a seal of authenticity over the internet and put it up their site, and it will take some time for the seal provider to actually catch on and apprehend them. Authenticity is different when it comes to live casinos though, they really need to pay for it or maybe earn rnough reputation to be granted so.

Curacao offers a lot of benefits for cryotocurrency casinos, which is why many sites grab a curacao license. The fact that they are very lenient with providing licenses even for cryptocurrency gambling sites is a good reason why you would always see Curacao licenses on crypto casinos.

FanEagle

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Quote from: traderethereum on December 27, 2022, 01:52:24 AM

We must realize that complaints and problems often occur due to our own mistakes because we often forget what we did at the casino.
We are not aware that what we have done is against casino rules but we don't admit it and instead accuse the casino of fraud against us.
If so, even licensed casinos will have a hard time solving this because they have already provided evidence that the user made a mistake.
But as long as we can play at a licensed and reputable casino and we're not trying to break any casino rules, we should be fine.

There are way too many people like that and as a smart user who knows the rules most of the time, I can see the complaints a mile away, hell I can guess what people will complain about when I read the rules even before they start to complain about it.

Because some rules are a lot more strict than others and some rules are not common, so when it's in there I know that people will be mad about it and they will want to change some things and they will not read the rule book and they will gamble the way they want and then come back and complain about it. It's fine for me though, I would never gamble in a place without reading the rules, so I am not caught off-guard.

Fortify

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Quote from: RapTarX on December 25, 2022, 11:00:07 AM

There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

In reality pretty much all the licenses that are for sale are to give the appearance of a legitimate casino only. It can very from a simple rubber stamp, where a new operator hands over a certain amount of money and they are instantly given a "seal" they can promote as a "legit" organization. There are a few better countries which still require a large upfront sum, along with a reoccurring payment, who might investigate a bit more about the intended recipient but they are unlikely to help any customers. Unless it becomes apparently that the operation is a complete scam, which is a very high bar to set for these regulators, then they will continue to give that badge of approval while the payments come in - so the only meaning they can give is the owner at least put a little bit of effort in the getting established but if they want to run away with a lot of customer funds they could still do so.

traderethereum

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Quote from: harizen on December 26, 2022, 06:11:29 PM

Besides, why think that a licensed provider can be useful during the time when users are being fuc*ed up by these casinos even with a license?

In order to at least minimized being shi*tted by these online casinos, just play at those casinos that already earned being reputable in the industry.

But honestly, complaints and issues are sometimes because of the user's fault.

We must realize that complaints and problems often occur due to our own mistakes because we often forget what we did at the casino.
We are not aware that what we have done is against casino rules but we don't admit it and instead accuse the casino of fraud against us.
If so, even licensed casinos will have a hard time solving this because they have already provided evidence that the user made a mistake.
But as long as we can play at a licensed and reputable casino and we're not trying to break any casino rules, we should be fine.

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Quote from: RapTarX on December 25, 2022, 11:00:07 AM

There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

A casino with a license does not really mean much for the gambler as there have been many licensed casinos that scammed their customers anyway.

So the more important factor in which you should concentrate is on the reviews the casino has and how legitimate those reviews really are, besides the country of the license a casino may have does not indicate much either, this only tells you that country probably has friendly regulations for casinos and low taxes as well, and neither of those two factors have too much of an effect when it comes to gamblers.

goinmerry

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Don't take a license as just a paper as the fact that a casino is able to get the license, means they are able to pass those classifications and they are fully shown to have the capability to run a casino. It's good that they are being screened before operation instead of us playing in a casino that's popped out of nowhere.

Don't expect though that they will help us with complaints. For that, it requires another action and it depends on the issue and complaints.

harizen

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Besides, why think that a licensed provider can be useful during the time when users are being fuc*ed up by these casinos even with a license?

In order to at least minimized being shi*tted by these online casinos, just play at those casinos that already earned being reputable in the industry.

But honestly, complaints and issues are sometimes because of the user's fault.

seoincorporation

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It's simple, the casinos with licenses need to prove they have the bankroll and the right infrastructure to run the casino, they are businesses with the right registration and documentation, and since they are professional businesses they can get the license.

The casinos without a license must be trusted by their probably fair engine and the trust of the operators because they can run at any moment with the mone or just say they got hacked and all our money will be gone.

Slow death

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Quote from: bitcampaign on December 25, 2022, 05:49:24 PM

Quote from: RapTarX on December 25, 2022, 11:00:07 AM

There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

For me, seeing the license is the order that is not the most prioritized, usually I prefer to choose a casino that is full of gamblers so it's easier to get a jackpot or win, because a lot of money circulating in a casino will make it easier to win compared to playing in a casino that looks empty of gamblers

there's no point in winning the jackpot in a casino scam that doesn't pay the winner or the people, the most important part when choosing a casino is looking at the casino's reputation and we have to look at what time the casino started operating and what it was like the casino's reputation from its creation to the present day, then we have to look at the question of who owns the casino and how this casino is behaving in the real world, when I speak of the real world I am referring to whether the casino has sponsored something from the real world, something like sponsoring a team or a famous singer

this makes it easy for people to be calm because a casino that sponsors a famous singer or team from a famous place is unlikely to scam people because they fear serious consequences and also if the casino sponsors a big team or famous singer it means that the owner of the casino had to show his face, this facilitates that if one day the casino steals money from people the customers when they report the casino to the police, then the owner of the casino will be found and arrested

aioc

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Quote from: RapTarX on December 25, 2022, 11:00:07 AM

What does a curacao license do in reality & how it can benefit us as a gambler?

It only benefits the casino operators because they can show that they are compliant, but for us gamblers, its useless and worthless they can't do anything and they don't care, I have not yet seen a single case resolved by the Curacao commission not yet.

Quote

What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

I have never seen any issues by gamblers where all these gambling license issuers interfered in behalf of the gamblers, its totally waste of time bringing the case to them because it will cost you a lot more than what you've loss in gambling, so to avoid this only choose a casino that has a good reputation, ad in case you face an issue gather all your evidence and post it all here so other gamblers will know and they will lose more players because of this.

AmoreJaz

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Quote from: Russlenat on December 26, 2022, 04:59:12 PM

Quote from: goaldigger on December 25, 2022, 04:05:08 PM

Quote from: blockman on December 25, 2022, 03:21:40 PM

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.

If they have a legit license then you can easily sue them since you have their information submitted to Curacao so they can get the license. Many gamblers prefer to gamble on a licensed site for the security purposes but of course that doesn’t guarantee that a site will be goo always, sometimes they will experience some issues as well but as long as they continue to solve it, that site can still be good just don’t put too much money on any site if you are not confident about it.

You have a point. Not all licensed casinos are going to be honest in all they do, there are still some hidden agendas in some of those that are used to take advantage of the gamblers. That is why regardless of those casinos are licensed or not, legit or fake, gamblers should always take the utmost care and protection they need to do to their funds. And that is to gamble only on the amount they can afford to lose, and never go all in betting as it’s always take bigger risks especially if you do it in a not secured casinos.

as we can see here, a gambling license won't stop the casino to screw their players, like not releasing their winnings for some reasons or suspending their account. but with license, some are having their peace of mind to play on these casinos rather than a new casino without any license at all. the reality is it is still hard to chase a casino with a license, even if you say, you have valid winnings to claim from the site. we know, very rare that someone will sue them on court just to get their winnings. because it is not worth spending your money to such cases in court. so the license itself is not the ultimate determining factor whether you will play or not on the site, much better if you will check the reputation itself in the community.

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Quote from: serjent05 on December 26, 2022, 04:48:38 PM

Both online and offline casino needs license to operate. They will be labeled illegal if they do not have a license and still operates and may later get shutdown if the authority goes after these unlicensed casinos.

That's true it's a necessary precaution for the casinos and to gain the trust of the gambling community, you have to spend money to acquire these licenses and they will ask for requirements, so if ever there is a huge issue with the casino all their information can be extracted by the authorities on where they got their license, but on reports of scamming their players you have to bring them to their attention they will not rely on hearsay but it's costly to do that, so creating reports here and other platforms is one of the best options for players to get back on the casino and sometimes it works.

Topic: Licenses and Casino reputation - page 2. (Read 583 times)