Post
Topic
Board Gambling
Re: Why they need a license if bitcon is not money?
by
EarnOnVictor
on 18/04/2024, 12:10:22 UTC
even those licensed casino , all we need is trust because we are entrusting our details to them.

Definitely, but not every license casino can be trusted.

yeah , that is correct because those casinos even licensed are sometimes scamming players this is why I said entrusting each site is important but better to dig deep about which site are we engaging and depositing our money.
keep safer and look for much decent and responsible site than those scammers.

Well, I agree that licence is no guarantee that casino could be trusted. However, it's some kind of guarantee that is paft of system or regulator that has certain mechanisms to monitor its business and even protect players so that you know that you can report irregularities, scam or similar. So I always feel more secure and protected with licensed casino and at least I don't have the feeling that  I'm part of something illegal.
In thiswe are different mate because I am more on trusting those site either licensed or not? but those who
has vouches here in forum, I mean there re lots of recommendation and  has an active representative in bitcoin talk
in which at least we have assurances that out issues will be adressed in rightful manner.
I didn't get you correctly due to the poor English, or perhaps you forgot to read and make corrections. Notwithstanding, did you mean you support the licenced ones or what? If yes, you've made the right bargain, but it is not an automatic endorsement of sincerity or serving you right. You might do yourself a better favour to actually verify them well if you can go through the stress, though it is not necessary. Some do this because many of these so-called licenced casinos are not actually licensed, it is a pure lie, and since they are using the pretended licenced numbers of weak regulators, that will continue to go unabated since those regulators will not even search for sanctions or to issue public warning.

Also, I love the remark that you eventually made here in relation to Bitcoin talk. Though, they can't entirely be trusted, but some of the casinos that are not licenced but advertised and vouched for here delivered so well since there were little or no complaints at least from Bitcointalk members. But like I said, it is not all of them and there are a few of them that people were unable to get their money from. So, serious care is needed here to avoid issues as well.