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Topic: Regulating bodies - page 4. (Read 768 times)

legendary
Activity: 3346
Merit: 3130
May 03, 2019, 12:11:32 PM
#8
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.

Well, curacao-egaming.com are the ones who give the licenses from Costa Rica, they verify the engine and the site isn't rigged before giving the license. Those licenses are cheap at all but they are a good signal on the site, if you see that license on a casino then for sure you can trust them.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
May 03, 2019, 12:08:50 PM
#7
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.
Well, trust is the main thing in crypto currency based casinos. Most of the casinos are unregulated. As far as I know, licensing of casinos can be done and that casino should follow the rules under the license. But remember, having a licence does not mean that the casino is totally legit.
If the site is well know and reputed, then there is a high chance they are totally legit and will try their best to respect customer privacy.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 03, 2019, 11:20:37 AM
#6
You should search on the recommended gambling site from here or from the other site.
You will found so many trust gambling website from here, and it will make you confuse to decide to play on where site.
I think every gambling website is fair because they are very concerned with their member and they don't want to cheat their member. Once they cheat the members, then it's time to lose the members.
I don't think if there is any regulating company about what you said because so far, every gambling site have their own rules and I think the rule is almost the same between them.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
May 03, 2019, 11:17:15 AM
#5
There is no central authority here due to the anonymous nature of crypto itself and no one would prefer such a regulated entity, but there is an organization which promotes various popular casinos which have proven to be reliable over time.

Organization : https://cryptogambling.org/

Move this topic to Gambling Discussion asap op.
full member
Activity: 322
Merit: 101
May 03, 2019, 11:09:12 AM
#4
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.

I do not think that there is any centralized body which can control the overall gambling industry.  Also i do not think we need anything which should control gambling and store our identities. Many people want to play anonymous gambling and will not like themselves to be revealed.
sr. member
Activity: 1932
Merit: 300
May 03, 2019, 11:01:21 AM
#3
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.

There are no such thing as regulating bodies that can forcefully implement anything.
There are individual reviewers and comparisons but they too shouldn't be fully trusted as they might be doing paid promotions.
Some good individuals of this forum has created several thread to compare different types of gambling site, it would be a much better and neutral view than found on any other websites.
legendary
Activity: 3066
Merit: 1312
May 03, 2019, 10:53:12 AM
#2
First of all you need to move this topic to gambling discussion board (reported it already though)
Related to your question:
Which sites plays fair? Those sites with provably fair system where people are able to verify their bets.
Which sites pays fair? All sites that has no significant withdrawal issues.
But I have no ideas about site that regulates gambling sites like what you ask.
full member
Activity: 518
Merit: 115
May 03, 2019, 10:13:15 AM
#1
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.
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