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Zuga
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Zuga
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Nathan
April 4th, 2017 at 2:31:35 AM permalink
This is truly a fall from grace story. Raging Bull Casino once was LCB approved until they got aquired by the known roguish Virtual Group.

Story: https://latestcasinobonuses.com/news/fall-from-grace-raging-bull-and-sister-sites-lose-good-standing-with-lcb
"All it takes for evil to prevail is for good people to do nothing "
onenickelmiracle
onenickelmiracle
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April 4th, 2017 at 3:43:51 AM permalink
People are so stupid to trust what is nothing more than a website address. There needs to be an escrow service to hold the money in transit, so a casino can ever just deny a payout. They'd probably just wind up crooked or bought by a super rogue outfit. That actually happened with real estate escrow companies now I think about it, saw it on American Greed.
In the land of the blind, the man with one eye is the care taker. Hold my beer.
stevenwillams
stevenwillams
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April 4th, 2017 at 7:13:30 AM permalink
really?
Zuga
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Zuga
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April 4th, 2017 at 8:22:58 AM permalink
Quote: onenickelmiracle

People are so stupid to trust what is nothing more than a website address.



you need to give online players more credit. Sure there are newbies who are clueless, but proportionally there is much much more casinos in good standing than the rogues.
"All it takes for evil to prevail is for good people to do nothing "
Boz
Boz
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April 4th, 2017 at 10:58:30 AM permalink
Quote: Zuga

you need to give online players more credit. Sure there are newbies who are clueless, but proportionally there is much much more casinos in good standing than the rogues.



Until you actually beat them. Then "Good Standing" is only worth as much as they determine they can get away with. It's all a math calculation, should we pay this guy or not? Or should we use the fine print the sucker agreed to, to not pay him.

As long as there is no real consequence to not paying and reopening under a new name, most players are only 1 big win away from being screwed.

Sadly as much as you try, you can't change that simple fact. Too many greedy people operating these casinos never expecting to lose.
FleaStiff
FleaStiff
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April 4th, 2017 at 11:19:24 AM permalink
Quote: Zuga

you need to give online players more credit. Sure there are newbies who are clueless, but proportionally there is much much more casinos in good standing than the rogues.

Just as there are many bookies whose only contact with their customers has been by phone and nickname; yet betting continues. The trouble is that you can track down a bookie, you can track down a 'bricks and mortar' casino, but tracking down a 'cyberspace casino' is not just difficult but futile.

Ownership may change but customers may not know that ... in a business there is a 'bulk sales law' so that if ownership changes customers and creditors get notice of it.

Its a matter of convenience versus trust. Online play is cheaper than a trip to even a nearby casino much less an expensive Strip casino. It is also possible to play blackjack for twenty minutes online. It may be 'technically' possible to do the same thing at a Las Vegas Strip casino, but in reality who on earth is going to pay for an airplane ticket and a hotel room just to play for twenty minutes.

so clearly online players have certain advantags and some online casinos offer certain inducements from time to time, just as bricks and mortar casinos offer certain sweeteners from time to time.

But its like two kids on a see saw... there has to be trust... and often things go wrong and go wrong in an instant.
Zuga
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Zuga
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April 4th, 2017 at 1:33:07 PM permalink
Quote: Boz

Until you actually beat them. Then "Good Standing" is only worth as much as they determine they can get away with. It's all a math calculation, should we pay this guy or not? Or should we use the fine print the sucker agreed to, to not pay him.

As long as there is no real consequence to not paying and reopening under a new name, most players are only 1 big win away from being screwed.

Sadly as much as you try, you can't change that simple fact. Too many greedy people operating these casinos never expecting to lose.



any industry, land based or online, has its shady bits. We fight them one at a time.
"All it takes for evil to prevail is for good people to do nothing "
Boz
Boz
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April 4th, 2017 at 3:03:04 PM permalink
Quote: Zuga

any industry, land based or online, has its shady bits. We fight them one at a time.



That's all you can do. But comparing it to "any industry " is a joke. Maybe compared to escorts and drug dealers, yes. But compared to B & M casinos, regular online retailers and other legitimate businesses, it is not a fair comparison. The odds of getting f'd out of your money at any online casino is a lot higher than getting ripped off any grocery store.

But it's buyer beware, if you don't know the risks involved, it's on you. If you think you are getting a $5000 bonus without reading the details, it's on you. If is not like buying a gallon of milk.
DiscreteMaths2
DiscreteMaths2
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April 4th, 2017 at 3:41:18 PM permalink
Quote: Boz

That's all you can do. But comparing it to "any industry " is a joke. Maybe compared to escorts and drug dealers, yes. But compared to B & M casinos, regular online retailers and other legitimate businesses, it is not a fair comparison. The odds of getting f'd out of your money at any online casino is a lot higher than getting ripped off any grocery store.

But it's buyer beware, if you don't know the risks involved, it's on you. If you think you are getting a $5000 bonus without reading the details, it's on you. If is not like buying a gallon of milk.



I think that has more to do with business structure though. Like most big businesses we think of are publicly held companies, so its not just like money can disappear (not easily anyway). For example, I know somebody who was having a ton of expensive work being done by a contractor and he just took the money and ran mid job with no recourse. The added kicker is that a lot of these online casino are foreign businesses and when you are dealing with a foreign business (not a multinational) in any industry they can pull the same shit and get away with it.
Assume the worst, believe no one, and make your move only when you are certain that you are unbeatable or have, at worst, exceptionally good odds in your favor.
Zuga
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Zuga
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April 5th, 2017 at 8:02:31 AM permalink
Quote: Boz

That's all you can do. But comparing it to "any industry " is a joke. Maybe compared to escorts and drug dealers, yes. But compared to B & M casinos, regular online retailers and other legitimate businesses, it is not a fair comparison. The odds of getting f'd out of your money at any online casino is a lot higher than getting ripped off any grocery store.

But it's buyer beware, if you don't know the risks involved, it's on you. If you think you are getting a $5000 bonus without reading the details, it's on you. If is not like buying a gallon of milk.



I beg to differ. the only joke are claims like yours coming from people that never or barely gamble online. Personally I played at hundreds of online casinos, and literary I had issue only once or twice ( Documents approval back in a day when I was a newbie player and clueless how this is being done ).

If you know what you are doing, do your due diligence and research, read the casino portals like ours, then it is pretty safe to gamble online.

Sure thing, there is bit of a Wild West feel to this industry when it comes to those unregulated and rogue casinos. But to make a correlation to drug dealers and prostitution only shows you know very little about online gambling.
"All it takes for evil to prevail is for good people to do nothing "

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