Crypto sites

[Original Jase]

This is for the UK guys. Just wondered if anyone actually would be all for the gambling commission regulating crypto sites since it's something being looked into and most that I know of play at crypto sites due to the crazy decisions they made with online casinos as it is. Here's the article:

https://www.casino.org/news/nescient-uk-lawmakers-want-the-uk-gambling-commission-to-regulate-cryptocurrencies/

[FreeWheelerBaby]

Me personally I think the UKGC should mind there own business, I do not play on crypto sites myself, however isn't the whole purpose of crypto designed to get away from Governments, banking controls and regulations because they can't be trusted? 

With that in mind, it would maybe be a good idea to somehow design a gambling casino on the blockchain that is run and validated by the people for the people, because were all sick of being ripped off by all parties, it's the people who know what they need and want, we need to push out these billion dollar industries and Government back handed criminals from targeting the poor, because it is us who design and create, it's our ideas and it is our money. They are all like sitting vultures waiting for the next idea they can pounce on. Vultures the lot of em...

[FreeWheelerBaby]

Actually the more I think about it the more angry I get, the fact of all these big corporations taking our bread. Governrments make money Providers make money, casinos make money, UKGC makes money, streamers even make money and the normal punter is the only ones who LOSE MONEY 

WE don't need any of them, all we need is  the people and a project. Project GLASSHOUSE because we can see right through it...

[karlosthegr3at]

I defo don't want u.k to regulate crypto gambling. The crypto gambling farse has ruined the casino sections already. I don't trust crypto

[FreeWheelerBaby]

@karlosthegr3at I actually don't even know what the UKGC regulate, there main focus seems to money laundering that is all I ever see them interested in and now all of a sudden because the suicide rates have spiked and complaints have been made they are trying to look active towards the average Joe all of a sudden by putting on more restrictions in the UK, not getting the fact that the casinos make us suffer even more for it. 

I would like to see more monitoring of software and an even playing field for all, not different skins of games for players of different countries with RTPS that they can manipulate, It was only a few years ago that the like of Roshtien and casino daddy where doing £2 spins, now they are doing £1000 spins per second, how is this possible? Please can someone explain?

Remember a few years ago when the sign up bonuses were 500%, what happened to them? Rewards these days are 5 free spins at 0.02 and that is if you get lucky. Dam right insulting when you have just lost thousands. I really hope they ban gambling all together, because it is impossible to regulate them and the common players are really suffering, and it is not because they are problem gamblers it is because people really believe they are just having a run of bad luck, when it's because ithey are just outright scamming us. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[dagreenblazer]

43 minutes ago, FreeWheelerBaby said:

@karlosthegr3at I actually don't even know what the UKGC regulate, there main focus seems to money laundering that is all I ever see them interested in and now all of a sudden because the suicide rates have spiked and complaints have been made they are trying to look active towards the average Joe all of a sudden by putting on more restrictions in the UK, not getting the fact that the casinos make us suffer even more for it. 

I would like to see more monitoring of software and an even playing field for all, not different skins of games for players of different countries with RTPS that they can manipulate, It was only a few years ago that the like of Roshtien and casino daddy where doing £2 spins, now they are doing £1000 spins per second, how is this possible? Please can someone explain?

Remember a few years ago when the sign up bonuses were 500%, what happened to them? Rewards these days are 5 free spins at 0.02 and that is if you get lucky. Dam right insulting when you have just lost thousands. I really hope they ban gambling all together, because it is impossible to regulate them and the common players are really suffering, and it is not because they are problem gamblers it is because people really believe they are just having a run of bad luck, when it's because ithey are just outright scamming us. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

One major point i agree with you is the lack of bonus offers nowadays - the last deposit bonus offers i received had crept up to stupid 40x wagering levels but i haven't even received those in probably a year now - i literally get no bonus offers anymore, although i think the fact casinos are scared of getting rinsed by matched betting players is the main reason for that tbh.

 

I do also agree loyalty bonuses have disappeared too and the fcuking cheap ass 5 free min spins you get once a week or whatever are just gash.

I've actually got a dumb ass issue with William Hill atm where i'm banned from all promotions for an indefinite period whenever i spend abit more than usual - yet the greedy beggars haven't put any deposit/withdrawal limits on me, just banned me from promos & freebies lol! This is 2nd time they done it to me and i actually said to their livechat that i thought spending more would earn me better rewards, and they told me banning me from rewards was for my own good but I'm fine to deposit still!

 

William Hill are such dicks, but this is also the reason why crypto casinos are so popular - I've never used one, but quite a few I've seen do offer very decent reward programs and most are paying out free cash/crypto rather than just shitty free spins.

There was even 1 crypto casino i saw which had an awesome rewards system whereby every £10 or whatever you spent earned you site tokens that you could either swap out straight for cash or you could stake them on site and then be eligible for a dividend payout every week based on the casinos revenue - even if you never played again, your tokens stayed on site and you could log in & collect dividend every week. it was genuinely a really fair, honest & worthwhile reward system - i was well impressed with it, and high volume players would especially benefit from it.

Traditional casinos could learn a few things from the new crypto casinos tbh, and the fact traditional casinos are offering fcuk all value is a big reason why crypto casinos have exploded - crypto casinos often offer better RTPs, better sports odds and better rewards, so i don't blame people choosing them tbh.

 

And to answer original point, the only good thing regulation may bring is that there may be abit more accountability for poor casino admin decisions, though as others have said UKGC isn't always about the players anyway.

 

Edited 19 May, 2023 by dagreenblazer

[Original Jase]

IMO As time passes and more and more jump to the crypto casino wagon the more the UK government will want it regulated so they can tax the casinos and track the player and use the lame excuse they're looking out for the player by having it fairly regulated. 

Seems to be a bit of a debate going on meanwhile:

[FreeWheelerBaby]

18 hours ago, dagreenblazer said:

One major point i agree with you is the lack of bonus offers nowadays - the last deposit bonus offers i received had crept up to stupid 40x wagering levels but i haven't even received those in probably a year now - i literally get no bonus offers anymore, although i think the fact casinos are scared of getting rinsed by matched betting players is the main reason for that tbh.

 

I do also agree loyalty bonuses have disappeared too and the fcuking cheap ass 5 free min spins you get once a week or whatever are just gash.

I've actually got a dumb ass issue with William Hill atm where i'm banned from all promotions for an indefinite period whenever i spend abit more than usual - yet the greedy beggars haven't put any deposit/withdrawal limits on me, just banned me from promos & freebies lol! This is 2nd time they done it to me and i actually said to their livechat that i thought spending more would earn me better rewards, and they told me banning me from rewards was for my own good but I'm fine to deposit still!

 

William Hill are such dicks, but this is also the reason why crypto casinos are so popular - I've never used one, but quite a few I've seen do offer very decent reward programs and most are paying out free cash/crypto rather than just shitty free spins.

There was even 1 crypto casino i saw which had an awesome rewards system whereby every £10 or whatever you spent earned you site tokens that you could either swap out straight for cash or you could stake them on site and then be eligible for a dividend payout every week based on the casinos revenue - even if you never played again, your tokens stayed on site and you could log in & collect dividend every week. it was genuinely a really fair, honest & worthwhile reward system - i was well impressed with it, and high volume players would especially benefit from it.

Traditional casinos could learn a few things from the new crypto casinos tbh, and the fact traditional casinos are offering fcuk all value is a big reason why crypto casinos have exploded - crypto casinos often offer better RTPs, better sports odds and better rewards, so i don't blame people choosing them tbh.

 

And to answer original point, the only good thing regulation may bring is that there may be abit more accountability for poor casino admin decisions, though as others have said UKGC isn't always about the players anyway.

 

@dagreeblazer they stopped those bonuses and started giving them to streamers only, them took them off streamers, I am not sure if they gave them back to streamers tho..!

That is strange about William Hill banning you from promos, you have probs won on them more than they like, casinos do not like you winning nothing, no matter how much you spend, myself personally I have been member with William Hill for over 10 years and never had a problem with them, I find them fair and do not think they do anything backhanded like some of them. I have a big problem with Videoslots, the stuff I could go into about that site, they should be shut down, they changed up with new rules in Feb 2021 but never told the players what they were doing, worst casino ever and is streamer focused, the need to be properly investigated, they are not the same Videoslots as started out, so please be careful with them. 

Funny thing is no-one is about the players no more, funny thing is though the way they are carrying on, they are going to end up having to pay out more than they take in because of unethical reasons and most will be shut down, and it is because of there own greed. 

As for Crypto casinos yes there is a need for them because they have higher RTPS, because they are not paying so many licence fees fines taxes etc and don't have huge outstanding fines from bad practice, sad thing is though crypto is banned in UK, even though you can use VPN for access, I have heard you can run into issues with verification when it comes to big withdrawals that is only reason for me not playing on crypto casinos 

[FreeWheelerBaby]

3 hours ago, Original Jase said:

IMO As time passes and more and more jump to the crypto casino wagon the more the UK government will want it regulated so they can tax the casinos and track the player and use the lame excuse they're looking out for the player by having it fairly regulated. 

Seems to be a bit of a debate going on meanwhile:

@original Jase ye that looks about right, the UKGC want to get there mits right on those Crypto Casinos so that they can TAX them and make out it in the players interest lol, look what they done with the Lottery....It used to be live streamed on TV so the people could actually see it live, that didn't last long either. 

[Original Jase]

6 minutes ago, FreeWheelerBaby said:

look what they done with the Lottery....It used to be live streamed on TV so the people could actually see it live, that didn't last long either

Exactly 😌

[SheWontBite]

In Poland online casinos are banned, so the only option for those who want to gamble online are crypto casinos unless you use VPN but its risky as we know. 

 

[Original Jase]

3 hours ago, ThereSheComes said:

In Poland online casinos are banned, so the only option for those who want to gamble online are crypto casinos unless you use VPN but its risky as we know. 

 

Online casinos are banned in Poland!?!? Never even knew. Wonder how many other countries in Europe are the same. Ha e they always been banned or ?

[SheWontBite]

10 hours ago, Original Jase said:

Online casinos are banned in Poland!?!? Never even knew. Wonder how many other countries in Europe are the same. Ha e they always been banned or ?

There are more but not sure which countries. 

Poland introduced this good few years back, and not only banned real money casinos but any type of options for people to play for fun. There used to be one playform were for years I played online casino games for fun, bo real money. Poker, slots, bj, and they banned that too. 

Even more. No casinos can be visible to people, buildings where you can gamble cannot have any signs, banners, ads etc on them. 

[Belkster]

On 21/05/2023 at 14:04, ThereSheComes said:

There are more but not sure which countries. 

Poland introduced this good few years back, and not only banned real money casinos but any type of options for people to play for fun. There used to be one playform were for years I played online casino games for fun, bo real money. Poker, slots, bj, and they banned that too. 

Even more. No casinos can be visible to people, buildings where you can gamble cannot have any signs, banners, ads etc on them. 

This is a severe restriction... Are bookmakers also banned?

[SheWontBite]

1 minute ago, Belkster said:

This is a severe restriction... Are bookmakers also banned?

Nothing online. Was pretty upset with it when went for 4 weeks holidays in summer during Euro and couldn't bet online. 

[Me uTube]

not to worry now UKGC will attack youtube fcb Twitter for all crypto casinos they get promoted, GOV don't give a shit how many of us play at crypto, all they target big companies to get lot of money from them... like today Meta got fine $1.2b

https://commonslibrary.parliament.uk/research-briefings/cbp-7428/

Edited 23 May, 2023 by Me uTube

[Original Jase]

8 hours ago, Me uTube said:

not to worry now UKGC will attack youtube fcb Twitter for all crypto casinos they get promoted, GOV don't give a shit how many of us play at crypto, all they target big companies to get lot of money from them... like today Meta got fine $1.2b

https://commonslibrary.parliament.uk/research-briefings/cbp-7428/

Sad. People will just use VPNs and It wouldn't surprise me if we end up like Poland when the government realise they can't make money from regulated sites anymore. I'm glad I gave up most ways to gamble now. Just football bets will do me

[FreeWheelerBaby]

On 23/05/2023 at 01:31, Me uTube said:

not to worry now UKGC will attack youtube fcb Twitter for all crypto casinos they get promoted, GOV don't give a shit how many of us play at crypto, all they target big companies to get lot of money from them... like today Meta got fine $1.2b

https://commonslibrary.parliament.uk/research-briefings/cbp-7428/

@Me uTube What was the fine for? What I am really concerned about is the way the UKGC are clamping down on mostly betting that uses RGNs as sports betting doesn't use them and they seem to be ok with sports betting. I just hope that they are keeping things from us because if I find out they are I will be taking legal action against them also 

[Me uTube]

On 30/05/2023 at 21:15, FreeWheelerBaby said:

@Me uTube What was the fine for? What I am really concerned about is the way the UKGC are clamping down on mostly betting that uses RGNs as sports betting doesn't use them and they seem to be ok with sports betting. I just hope that they are keeping things from us because if I find out they are I will be taking legal action against them also 

this one was for personal data transfer to the US intelligent 

 

[Caroburgh]

Thanks for sharing that interesting article about the UK gambling commission potentially regulating crypto sites. It's a hot topic, especially since some players have turned to crypto sites due to the questionable decisions made regarding online casinos. Regulation can bring more transparency and security to the crypto space, so it's worth considering. Speaking of online platforms, have you heard about online forex trading in Nigeria? FBS offers a reliable platform where you can engage in forex trading. It's a great way to explore the world of global currencies and potentially make some profit.

Edited 7 July, 2023 by Caroburgh

[ZURab234]

On 5/23/2023 at 12:25 PM, Original Jase said:

Sad. People will just use VPNs and It wouldn't surprise me if we end up like Poland when the government realise they can't make money from regulated sites anymore. I'm glad I gave up most ways to gamble now. Just football bets will do me

And I'm just starting to do that. 

I don't understand why it's dangerous to play via VPN.
You're scaring me a little bit right now...

[Original Jase]

21 hours ago, ZURab234 said:

And I'm just starting to do that. 

I don't understand why it's dangerous to play via VPN.
You're scaring me a little bit right now...

Because the site can refuse to pay if they find out you're using a VPN. Also using a VPN to play at a crypto casino site usually means the casino isn't regulated so can also take your money and not pay out. Just something to bare in mind as I've seen a lot of ppl be stung. I've even seen ppl have issues at reputable sites.

* Also don't post links to crypto sites please