Post
Topic
Board Gambling
Re: 🔶 YOLOdice.com 🔶 play&invest BTC ETH LTC DOGE
by
arwin100
on 17/01/2021, 21:40:26 UTC
YOLO dice is committed to preserving their user's privacy. Having a license usually comes with having to KYC customers who are high rollers. A license doesn't matter at all for a crypto only casino because it is extremely easy to get one and there is no regulatory enforcement to prevent users from being scammed.
Actually I do think licenses "could" have meant something if it was really cared, but there are a lot harder and difficult licenses to get, and if you got them it would be definitely a KYC situation but it would also guarantee that this casino is 100% is a safe one because if they scam you that would mean that it would end up a huge lawsuit against the casino as well, those licenses are not a joke and regulations for those licenses are very hard.

However what I meant was curacao egaming license type of deals, those are totally a joke and I trust yolodice itself more than I trust curacao licenses anyway. So, what is the point of having something that would be less trustworthy than yourself? It is like saying "yolodice has approval of my dad, he thinks it is legit" and I am not even joking that sentence is as trustworthy as having curacao license because they are both 100% useless.

It's not really needed for old casinos since they establish a reputation already and I think they will not ruin their successful business just for an immediate profit but for new player in the business? Well they should have that since for that securing a license we can determine that they are securing a license to ease the doubt that they are running a good business. We are now in new days and we are dealing with crypto which cannot be recover back when hacked or get scam so any good proof to to at ease the doubts of people who are skeptical with new is good.

Also many gamblers now are looking for license so it's good to secure that since if the new casino will come without that expect a criticism to the other experience gambler and for sure less players will try them upon launching.