Do Casinos knowing your IP address affect winnings ?

[honestdude]

I have been playing on-line casinos for about 3 years now, (Gawd, time flies and money disappears.) 

 

What I have had people ask about the dangers of on-line casinos is "How do you know these casinos don't control your winnings and losses given they know everything about you including your IP address" vs Brick and Mortar Casinos who don't know you. ? Hmmm, true. 

 

Another question : 

 

"If  on-line are governed by gaming commissions on remote islands and not in our own countries, (Other than the UK Gambling Commission), how safe is it to say that our issues become pretty much useless when we have zero recourse ? I do know that Ask Gamblers help out players but should the casino simply decide to not pay-out, I read that there is really nothing anyone can do about it. 

 

You can't sue them without exorbitant fees in a foreign country/Island and writing to the gaming commissions in Malta, Gibralter or anywhere on those remote areas will help anyone in any way. 

 

I found those to be good questions and after searching I found that no answers, other than "they are monitored by gaming commissions and/or "play at recognized casinos monitored by the UK Gambling Commission:, (which I found more credible than those governed by these offshore islands. I mean, after all, why would any reputable establishment open on some far away Island unless they cannot be touched by larger government entities ? 

 

I have watched TV programs like 60 minutes, Fifth Estate, Prime Time, Market Place and others that basically caution against on-line casinos due to the vague re-courses players have against these gambling sites. Basically, there is a reason why some countries are restricted from many sites and seems like the USA is a large restriction for many.     

 

Would Anyone, including Ask Gamblers, have insight or knowledge on these questions ? 

 

Someone once told me that 

 

 

Thank-you 

Honestdude. 

 

 

[pinnit2015]

Regulation is key, an oversight body with meaningful powers is key. Hence why MGA/UKGC/Alderney/Isle of Man would probably fill 4 of the top 5 licensing regimes. Same way that you place assurances on the Finance Conduct Authority in terms of banking institutions.

 

That's not to say that simply having a licence gets rid of all risk - As part of my job (non gambling related) we see bad conduct by organisations with licences in a particular trade/industry. Sometimes the licensing body may hand them out like confetti.

 

When i bought my Volkswagon i didn't know they were up to something shady, when i bought my Tesco burger i didn't know they'd throw a horse into the mix...greed is greed and nothings going to stop it. Only have to look at the 2007 financial crisis. 

 

It's up to you if you think the licensing regime is sufficient. If the 'independently audited' certificates are sufficient. If the reviews by players and sites is sufficient. 

 

Valid point re recourse - eg. in the UK the UKGC refuse to deal with SE issues so if AG or others can't help you're left with little alternatives. BUT...if it's a reputable site it will rarely come to that. Giving a regulator or ombudsman punitive sanction powers would really be the stick. 

 

Only reason the USA is a closed clam for all but 4/5 states is because of tax. Nothing more, nothing less.

 

It's what ifs....how do i know - could apply that to all walks of life. 

 

You would need casino and software provider collusion and lets be honest with the house edge they're already going to win from the outset 

[GPro]

Ultimate Gambler...

 

I'm curious.. you say those four fill 4/5 of the top licensing authorities. What's the other, in your view?