Recent content by Camelott

Is there any reporting on the number at all? I've looked at four write-ups of this and none of them give one. Also worth asking what counts as a "winning" during the hold. If you deposit 100 and the balance goes to 150, is the whole 150 held or only the 50?

I'm the crypto degen on this forum and even I'm not going to pretend that's the answer here. Crypto gets you past the deposit side, yes. It does not get you past the withdrawal side on any licensed site, and on an unlicensed one you've swapped a six month verification queue for a counterparty...

That's the bit that actually worries me about this, and I say that as someone who plays on crypto sites every week. There's a difference between choosing an offshore crypto casino after you've learned how they work, and being pushed onto one overnight because your licensed site vanished. The...

Mostly it doesn't, which is the honest answer and the weak point in the whole design. What it can reach is payment rails and advertising. That's how these regimes actually bite - not catching the operator, making it awkward to pay them and illegal to promote them. Go ask Brazilian players how...

Crypto solves the payment problem. It does nothing for the licensing one. The Act reaches any operator that lets a New Zealand resident gamble, wherever it sits and whatever it settles in. A crypto casino serving Kiwis after the transition is an unlicensed operator serving Kiwis, and what...

That's the single most useful thing anyone will get out of this week, and it's why I'd rather people searched than argued about the hacker. Spreading money across four brands you believe are independent is not diversification. If that company has a bad quarter, all four freeze together.

Yeah threads like this fill up with the bad finds because those are the ones worth typing out. Boring is normal outcome well it stops looking normal when only the disasters get posted.

Take the company name and search it separately. You're looking for two things. How many other brands that same company operates. If it's nine sites and you've got accounts at three of them, you don't have three independent providers, you have one counterparty. Whether the regulator's own...

They come up in the reporting, yes. The angle there isn't new though — they've been accused before of taking UK customers they shouldn't have been taking. Brands getting the attention are Stake, 1xBet, Blaze and Qbet. Those are owners of record appearing in the regulator's own files.

Some of you will remember me going on about checking the operating company rather than the brand. Bottom of the homepage, licence number, search the company name. 90 secs. You can now do considerably better than that. The Casino Secrets archive went live Wednesday and it's searchable. Forty...

A new site paying fast isn't evidence of anything being bought. Paying fast is the cheapest reputation a new operator can buy and it costs them almost nothing while volumes are small. The problem isn't that they're lying about the speed today. It's that speed at launch tells you nothing about...

Liquidity. USDC runs at roughly a third of USDT's depth on most exchanges, so spreads are wider and big movements cost more. And outside Europe nobody wants it. In Asia and Latin America USDT adoption is enormous and USDC barely registers, so an operator switching entirely would abandon its...

It helps the person holding it in a wallet wondering if they've committed an offence. Which is most of the thread.

It isn't banned. That's a genuinely important distinction and it's worth getting right because a lot of people are repeating it. MiCA regulates intermediaries, not ownership. What happened on 1 July is that a MiCA-licensed exchange can no longer list or offer USDT to EU customers, because Tether...

Same, and rakeback for the same reason - it pays on turnover rather than losses, so it comes whether you're up or down. Check it's really wager free at your site though. Some places attach playthrough to cashback and at that point it's a bonus wearing a better name.