are unlicensed crypto casinos actually sketchier or is the reputation just FUD at this point

Been thinking about this for a while and figured i'd throw it out there. every time i mention playing somewhere like Betpanda or Cryptorino in other communities people act like i'm gambling on some guy's laptop. but honestly my experience has been fine - payouts hit, no weird delays, no random account freezes.

meanwhile i've heard more horror stories from people on fully licensed Curacao spots where they got flagged mid-withdrawal for "verification" on what was supposed to be a no-KYC platform. so like... does the license actually protect you as a player or is it more just there so the casino can market themselves?

i get that there's real risk with no-license places, not dismissing that. but i think people treat "licensed" as a proxy for "trustworthy" when it's not always that clean. there's a decent breakdown of BC.Game if anyone wants to compare how a well-known licensed-ish site stacks up: bc-game

curious what others actually think based on experience not just theory