Post
Topic
Board Gambling discussion
Re: Crypto betting
by
Weawant
on 16/10/2023, 02:07:02 UTC
Well, scammers are very rampant in the internet so if newbies will be easily lured by those tempting offers, expect that all those offers which are too good to be true will certainly turned into scams. That is the reason why we need regulated gambling casinos to lessen the scamming incidents, and to maximize reputable casinos in the market. And by having provable fair system, having rigged games are discouraged so as to give fair games to all.

Even with regulation or not, scammers will always be a part of any industry, especially in the gambling industry.

To minimize the number of scam incidents, the precaution should always be to start with the user itself.

Newbies are not dumb enough to fall easily on those tempting offers but unfortunately, not all newbies are like that and many failed on that part.

The issue is that casinos can open their business freely on the Internet whenever they please. There is no regulation they could be forced to adhere to. If they conduct their business without scamming the users, casinos that are not prone to all those KYC regulations are what many people are looking for. But no KYC casinos often come at the cost that if a user gets scammed, going for recourse might turn out to be cumbersome to say the least. Most likely it is impossible unless it is a major casino that has a reputation to lose and that is somehow registered and licensed. Sticking with the big names in the industry that have a long history of trustworthy gambling is the best choice here.
To be safe it's better to stick with the big names so you don't get into problem with your money and all that, some of the smaller casino who are scam prone do not pay out big wins because they probably don't have the resources enough so they will close the user account or just look for a way around it and you get scammed.

It's very bad when you want to cut conners and end up been scammed. Wanting sites that skip KYC until you want to withdraw your winnings is what most people fall prey to maybe because of their bonus offers, but when you work with regulated names who have reputation in the industry, they have their name at stake so they wouldn't want to risk been accused of any of such except the gambler goes against their terms they they can take actions they will be able to defend at any place anytime.