Topic: Regulating bodies (Read 751 times)
I always experience the platform published on this forum. Operators with green credibility always bring their fairness and liquidity to the users when they win. Don't try to experience new unverified platforms or proof of payment for that platform.
I do not think a regulating body is necessary for crypto gambling. we already have stuff like provable fair gambling and other methods for checking frauds.
We should just regulate more with codes and less with humans for the sake decentralization.
Regulating crypto gambling doesn't kill decentralization I think, its really for the sake of every gamblers. It should be regulated on the right way, we have to be more safe because cryptomarket are more prone to hackers and if there's no regulation then we can't be sure that our money is safe. We should just regulate more with codes and less with humans for the sake decentralization.
Better to have different options to play: if you want to play at a regulated one, you can, if you want to play at a unregulated one, you have this option too.
I do not think a regulating body is necessary for crypto gambling. we already have stuff like provable fair gambling and other methods for checking frauds.
We should just regulate more with codes and less with humans for the sake decentralization.
Regulating crypto gambling doesn't kill decentralization I think, its really for the sake of every gamblers. It should be regulated on the right way, we have to be more safe because cryptomarket are more prone to hackers and if there's no regulation then we can't be sure that our money is safe. We should just regulate more with codes and less with humans for the sake decentralization.
I do not think a regulating body is necessary for crypto gambling. we already have stuff like provable fair gambling and other methods for checking frauds.
We should just regulate more with codes and less with humans for the sake decentralization.
We should just regulate more with codes and less with humans for the sake decentralization.
But that doesn't do anything if there's no other sort of regulation, provably fair is only as good as the person verifying it and ensuring that it's done correctly. People could simply say that they're probably fair, fake the checking app on their site, and then everyone is screwed because they never verified themselves.
I'd want these casinos to have to put up some sort of bond to their regulating government, which could be liquidated if need be to satisfy stolen money from customers -- this would be to help weed out the scams. Force people to have some skin in the game.
I think regulation of casino is also like ico too who are different and independent from each. Basically, crypto dealings have not been regulated and this can say more that online businesses are hardly regulated.
Its not that hard to regulate, we just need to know who will regulate that online casino. I believe in every country there should be a regulating body, good online gambling usually have their own license to operate its fair enough if they follow all the rules but we don’t know the transactions under the table. Gambling site online should also be regulated and they need to be registered.Licensing might matter or not on some gamblers but the important thing is that its being trusted by the community and that thing do matters on me anytime.
I think regulation of casino is also like ico too who are different and independent from each. Basically, crypto dealings have not been regulated and this can say more that online businesses are hardly regulated.
Its not that hard to regulate, we just need to know who will regulate that online casino. I believe in every country there should be a regulating body, good online gambling usually have their own license to operate its fair enough if they follow all the rules but we don’t know the transactions under the table. Gambling site online should also be regulated and they need to be registered. Makes me wonder why do you need help from the regulators. I know this makes it easy and you can be lazy and not do any research and choose a regulated site. If anything happens you will write a complaint. But what if the complaint does nothing? You will have a false sense of security that regulators can protect you but many times they can't or they won't.
It is a tough job for them neither. It is a big challenge for them to track every single transaction in an anonymous community.Regulating bodies will it looks worthless in this form of environment. Definitely, they can't do their best to solve the problem arises since before and its formulating bodies will turn into nothing.
Online gambling is very popular nowadays, specially those who also uses crypto for playing. With this popularity, there's ton of gambling sites/operators available. But the problem is who to trust? who plays fair and pays fair?
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
every gambling site has a provably fair and that guarantees that they have a system that suits what they say. for those who verify, of course each player can do that.Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
because in crypto there is no regulator like the government, anyone can verify gambling site, assess and rate that site. You can see it in some review about gambling sites in google
I think regulation of casino is also like ico too who are different and independent from each. Basically, crypto dealings have not been regulated and this can say more that online businesses are hardly regulated.
Definitely, it won't. Only the regulating bodies can do is to minimize scammers or fake site but in regards into market prices will obviously pretty hard. Anyways, we and the community itself never wanted to be regulated in the first place and this regulating bodies will making no sense at all. Being in decentralized form will looks great and we can make more profits rather to the market than everything we do there is someone that will stop.
We live this since before and there is nothing need to change, only we asked is to wipe out all fakes ICO's.
I think regulation of casino is also like ico too who are different and independent from each. Basically, crypto dealings have not been regulated and this can say more that online businesses are hardly regulated.
Makes me wonder why do you need help from the regulators. I know this makes it easy and you can be lazy and not do any research and choose a regulated site. If anything happens you will write a complaint. But what if the complaint does nothing? You will have a false sense of security that regulators can protect you but many times they can't or they won't.
Online gambling is very popular nowadays, specially those who also uses crypto for playing. With this popularity, there's ton of gambling sites/operators available. But the problem is who to trust? who plays fair and pays fair?
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
Some gambling sites have a provably fair system to check all the bettings, but about the sites operations and customer's identification, it is on the country where they are operating, we have this in our country and people can check the office for verification.
He could just use the regulated casinos (especially the fiat based ones) if he prefers regulation. Reputable
Cryptocurrency based gambling sites have been able to sort this issue out with provable fair and the use of blockchain.
Your playing with fire by gambling with cryptos if its illegal where you live.
That's surely be a problem if the implementation is really strict.
Even more so it is important to do your own research when deciding to deposit your coins into a casino.
To my knowledge there are no real regulatory bodies and always be careful with what you read on here.
To my knowledge there are no real regulatory bodies and always be careful with what you read on here.
This is gambling in crypto space, and lack of regulation is one of the reason why the crypto gambling industry prosper.
However, as it prosper, that also increase the risk since lots fake sites and scammers taking advantage, therefore research is always important prior to playing.
Online gambling is very popular nowadays, specially those who also uses crypto for playing. With this popularity, there's ton of gambling sites/operators available. But the problem is who to trust? who plays fair and pays fair?
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
Some gambling sites have a provably fair system to check all the bettings, but about the sites operations and customer's identification, it is on the country where they are operating, we have this in our country and people can check the office for verification.
Online gambling is very popular nowadays, specially those who also uses crypto for playing. With this popularity, there's ton of gambling sites/operators available. But the problem is who to trust? who plays fair and pays fair?
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
Check reviews coming from trusted members of this forum, and also check any complaints from the scam sections players usually post their experiences in various gambling sites that they are playing take note of that even small complains, from there you will get the big picture if the gambling sites deserve your trust. Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
I think there are reviews that you can search online or find in forums such as this, and that could aid you in verifying or validating. Reputation plays a big part - surely if a gambling site has a sketchy history, people would talk about it so better keep your ears open for that. So far, I don't think that there are any other regulating bodies which makes verification because of the conflict among jurisdictions. The best a customer could do is due diligence and research on the background of the gambling site or operator.
There are tons of gambling site reviews that you can google up to see for yourself the validity and fairness of each site, I am not pinning any link because you can research on it yourself, And because gambling site can surely come and go you will sure base only with reviews and having a trustful thinking with your favorite site that it is truly legit, Well their reputation is on the line so you should see that consider reporting gambling sites that have scam accusation and problem with their fairness to be reported in the forum so others can see and be aware of it,
Well I don't know if there are regulating bodies that are keeping tabs on a gambling sites activities and recording their every move, There are tons of review about a certain gambling sites but you can not call them regulating bodies, I would like to call them volunteer bodies, Because they are doing it for the love and support and not for something else.
Online gambling is very popular nowadays, specially those who also uses crypto for playing. With this popularity, there's ton of gambling sites/operators available. But the problem is who to trust? who plays fair and pays fair?
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
It's almost impossible to have a regulatory body for online crypto casinos because they are not bound by regions. Crypto casinos can be operated from any countries so the best way to see its legitimacy is to check if a casino is licensed in their country or not. ALl license crypto casinos usually show their company name and license number in their website which can be validated through the company directory of their respective countries. That's the first level of validation anyone can do.
Second level validation is mainly the reputation check. Looks for their official thread in big forums like bitcointalk and go through the recent comments. You will definitely get an idea about what's going on. These reputation check will give you a very good overview about a particular casino and you can accordingly decide whether you want to go ahead with them or not!
I think there are reviews that you can search online or find in forums such as this, and that could aid you in verifying or validating. Reputation plays a big part - surely if a gambling site has a sketchy history, people would talk about it so better keep your ears open for that. So far, I don't think that there are any other regulating bodies which makes verification because of the conflict among jurisdictions. The best a customer could do is due diligence and research on the background of the gambling site or operator.
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Your playing with fire by gambling with cryptos if its illegal where you live.Even more so it is important to do your own research when deciding to deposit your coins into a casino.
To my knowledge there are no real regulatory bodies and always be careful with what you read on here.
if gambling is illegal on a certain country then the gambling site was also banned not unless a gambler will use some kind of anonymous tools such as vpn . on gambling there are also regulations especially if the kind of gambling that you are playing with is not a blockchain based a.k.a centralized . most of us will only prefer decentralized gambling because it does not need any identifications such as kyc's and aml's .
Online gambling is very popular nowadays, specially those who also uses crypto for playing. With this popularity, there's ton of gambling sites/operators available. But the problem is who to trust? who plays fair and pays fair?
Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
Your playing with fire by gambling with cryptos if its illegal where you live.Are there any regulating bodies that verifies, rates, and promotes gambling sites that is genuinely fair to its customers? Not just on fair plays but also gambling sites that protects its customers identity etc. Thank you.
Even more so it is important to do your own research when deciding to deposit your coins into a casino.
To my knowledge there are no real regulatory bodies and always be careful with what you read on here.
That's not regulated just yet, but maybe it will be in the future if crypto will become mainstream.
Your biggest bet would be to do your own research before using any of crypto betting sites. For now. Nobody can guarantee you anything.
The only regulations we have now is what me and you are doing. Cryptocurrencies business (trading, gambling and investment) is about trust and we did not need regulations. We have many gambling sites here that has been in existence and most of them has been paying us our earnings and that is what matters and not government regulations. Your biggest bet would be to do your own research before using any of crypto betting sites. For now. Nobody can guarantee you anything.
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