CSGOLounge Yasallaşmaya Çalışıyor | Thats Game Bro
The same operator owned another skin betting website called Dota2Lounge which offered similar services to Dota 2 fans, and that site was also closed on the same date. Many argue that this was the effective end of as CSGOLounge was by far the most popular skin betting site.
CSGO and eSports betting exchange!
The new statement declared that the company ceases to offer skins betting to all customers with immediate effect. Most punters were quite surprised the decision and there have been suggestions that this was a result of increased pressure from Valve. The company that owned CSGOLounge intended on sponsoring international tournaments and apparently they didn’t want any negative reputation.
This U-turn by Valve confused many of the third party websites that offered skin betting, but most of them chose to comply with the recommendations, fearing legal consequences. Despite the fact that CSGOLounge initially decided to limit skins betting and prevent only punters from certain countries from engaging in skin betting, only two weeks later CSGOLounge issued another statement.
CSGOLounge Hizmet Verdiği Ülkeleri Azaltıyor ..
This decision of CSGOLounge followed the report issued by Valve earlier that summer in which the company pledged to stop skin betting. Valve finally admitted that skins betting is not regulated and urged all third-party websites to stop using its API for providing betting purposes, claiming that all those who continue to do so are violating the terms of service.
In the summer of 2106 CSGOLounge company announced that it will no longer be a betting platform for punters from countries that prohibit esports betting. With this decision, the site admitted that skins betting actually classifies as betting. Furthermore, the company also announced its plans to register as a legitimate , where punters would be able to deposit and wager real money on CSGO and other esports tournaments.
Csgolounge dan bahis yap daha karlı
CSGOLounge still exists and it still is one of the most popular sites for CSGO fans, even though it doesn’t offer skin betting anymore. Nowadays, if you register at CSGOLounge you would be able to trade your CSGO items with other players, but you will not be able to use your skins for betting purposes.
However, this decision was not regarding skins betting, but betting on another virtual game where the items can’t be exchanged for real cash, which is the case if you’re betting at CSGOLounge.
How betting works [CSGO Lounge]
Those who defended Valve and the betting sites like CSGOLounge claimed that skins betting is in no way illegal, even in countries where conventional betting is, as there is no currency involved. Skins betting proponents argued that skins are only assigned value within the game and are otherwise useless outside of it.
Skin betting is encourages punters to visit the Steam market and buy new items, and it also encourages them to play more so that they could acquire more items. In other words, skin betting directly contributes to the popularity of the game. Valve used to earn about 15% from every CSGO item that was sold through the website.
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With the so called ‘item drop’, weapon skins and cases are awarded to anybody who plays CSGO. The cases contain guns, knives and other items but they can only be unlocked with keys. The keys can be both for $2.49, or acquired through trading with other players. Since Valve (Steam) offers a trading API, third party sites are able to organise large scale betting, and this is basically howskin betting came about.
CSGOLounge ceases skin betting
Game items have been traded online since the early days of the internet and probably thousands of items have been bought and sold over eBay and other similar websites. However, the situation with CSGO skin betting is completely different, as items can be used to play unregulated casino games and in many cases the participant’s age cannot be verified, which probably violates the laws of many countries. It can be said that skin betting became an integral part of the CSGO gaming scene as a whole.
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However, despite Valve’s public statement, not much was done. CSGOLounge was, at the time, probably the largest skins betting site and a representative of the site publicly stated that Valve has even provided technical support for their operations. Another incident soon followed. Two skins betting aficionados created a skins betting website which they marketed on their YouTube and other social media accounts, without disclosing the fact that they own the website. They filmed themselves ‘winning’ items worth thousands of dollars without admitting that they own the website.
How do bets work in CSGO Lounge
It was pretty clear that this could have an impact on the game. In 2015 players had to be banned, because it was proven that they participated in match rigging. Namely, players wagered against their opponents using a third-party skin betting site and then lost the match on purpose. Following the banning of the players, Valve issued a statement in which it was stated that CSGO players, managers and other team staff should not, under any circumstances engage in skin betting, or even be associated with high volume punters.
CSGOLounge Promo Code & 2025 Review | Bet Skins Now
Not only were the skins betting websites operating in a grey area, there was also another problem. Many of the CSGO teams were affiliated with some of the item trading websites, including CSGOLounge and often, teams received direct payments from purchases, especially since some of the stickers represent teams and players. These stickers can be used for betting, which means that the teams are directly linked to betting on events in which they participate.