Topic: Anonymity is no longer a benefit of gambling with cryptocurrency. - page 3. (Read 1850 times)

Bear in mind that even if our main intention is just for entertainment, but there is a chance that we may win big amount of money when the big luck comes. Since most crypto related services are being regulated, there will always be chance for customers to be asked for KYC. KYC is also not only about large withdrawal, but there are also some other cases that may make the sites need to do it. Customers has no more choices except to accept the terms or leave the services.

Especially in countries where gambling is illegal, people should keep their identity as secret as possible before gambling. Whenever gambling is banned in a country and people from that country are gambling and their gambling is exposed but the administration brings them under the law. In this case, if the account is verified with his personal information, then a gambler may be subjected to various harassments. It is better not to share your personal information on all these gambling sites. The main objective of our gambling is to make money so we have to focus on making money. All these gambling sites are out to make money. It would be wise not to share your personal information.

It depends on the type of player you are.
If your intention is just to play for entertainment, without the need to make a profit and withdraw large amounts of money, then it is still possible to use several crypto online casinos without the need to go through the KYC process.
Obviously, this no KYC requirement also depends on the amount of bets you make, if your betting volume is large, the casino may require KYC from you before making a new deposit.

In any case, I agree with you... anonymity was once one of the great benefits of these casinos, but the fault lies not with the sites, but with the governments that intensified their supervision.

Exactly, things are like this, I have a friend in Spain who tells me that in order to make the transfers he did them through an exchange, but that it is no longer safe , Because he now has to Comply with the KYC requirements, so that's why Half of him is very tied up with a notion that if he does or does KYC , it is something that has to be yes or yes, but he is a person who loves his anonymity, he does not give in the least he does not agree to do any type of KYC in the casinos, he tells me that he prefers not to play, and he loves poker, but in the same way he tells me that even though he loves poker there are no good platforms so far, but in this case when he takes the measure of not letting himself be dragged into a system where anonymity no longer exists , he will not be in the system, that's how he tells me, I don't know how else I can confront this, and just like him there are many other people who also think like him, I don't Criticize him or anything because he He is right, if he doesn't want to, he doesn't have to be forced.


He also talks to me about the casinos because they are decentralized, he tells me that they are not reliable and that they can cause many problems and that they are very expensive, the more there are KYC requirements, there will come a time where people will no longer want to require any type of KYC. and they will be in another type of world, where it could be something very bad for the casinos, I don't know, but it could be that now the casinos have another type of domain or another type of relevance, I have thought that even in the cloud or something can be done in the metaverses, something like this can be devised so that the caisno continue living or surviving, of course this is mere speculation and it's just what I can think of, I don't want to say that things are like that, but basically what can be summarized here Based on this, there will come a time where the most valued by people will not be the casinos with the best promotions or contests, but those that provide privacy again, and that may be sooner than ever.

Your privacy and anonymity are only disturbed when you start depositing or requesting very high withdrawals which makes the casinos compelled to at least get a check to know where the money is coming from or whether you are okay with them knowing you before they allow you to withdraw such a large amount from them, and if you hesitate and don't comply with their rules, they won't have a choice but to confiscate your funds or don't allow you to withdraw since you made it look suspicious for them.

So, you are right that regular gamblers who only deposit and withdraw small or medium amounts wouldn't have to worry about their privacy and anonymity even if they are using a big and reputable platform for their gambling activities because such amounts don't make that big of a difference and a criminal wouldn't play with a few hundred dollars, of course.

To get a trusted casino, we have to do research, which may take longer because we have to make sure that the casino is really the casino we are looking for and can provide comfort in gambling. A trusted casino can provide a sense of security to all its members, not only VIP members but also members who have just joined the casino. Casinos know that only by providing security and comfort to all their members will all their members stay in their casinos and gamble for a long time. So research to find a casino is still worth doing for every gambler to find the casino they want so that when they gamble, trivial problems will not arise but can confuse the gambler. With this research, we can also find out how KYC is implemented at the casino so that we can adjust it and carry out KYC at the casino.

Currently, KYC has become something that members must do, but there may still be some who still need to implement it for all their members. Maybe if the members do not exceed the minimum limit that has been set, the casino will not ask them to do KYC so this will make it easier for small gamblers to continue gambling at the casino without having to do KYC. Even if members are asked to do KYC, they will be okay with it because the members already know that the casino they use is a trusted casino that will always provide security and comfort for them, so they will immediately do KYC if the casino asks for it.

Firstly, we must always look at how the history of the casino has developed and whether there have been any problems that have really harmed customers in the past because when casino is trusted and can guarantee the safety of every customer then we can be sure that from the start it has had a good history and there have never been any problems anything that is detrimental to customers.

Some casinos have indeed changed KYC regulations which initially did not require it but now they will emphasize to every customer that KYC must be provided if needed, and from here we have to think more positively that one day the casino will definitely need KYC either for transactions.
So providing KYC right from the start is a wise decision.

KYC is the verification of our personal data so it is not necessary to provide it to just any casino to maintain our own security and comfort.
However who knows what is on the minds of gamblers there are still those who state that anonymity is important whereas when we carry out verification only the casino team knows our personal data, then at this point what worries should gamblers have to fear about KYC, even the casino we use has proven reliable.

Yeah, usually the legit casinos don't really want to implement KYC to all of their customers. But as they grow bigger and being recognized from where they are doing their operations, they have no choice but to comply also with the regulation of the country where they're found.
While we all agree that anonymity is being cleared in all forms because of the implementation of kyc, there is no way to stop that even if you're a high roller on them.

It is for rare cases but it's true that there are scam casinos that could also do that. We've seen some exit just happened this year for a one casino that we all thought legit and had been operating for so long. But, they came out and usually have stopped their operation and the truth is they just did an exit scam.

That is why we have to be careful in choosing the casino we want to use as a place to gamble. Not all casinos that we know of can be the best place to gamble, so we have to be able to ensure that the casino is the best casino for us. That is why the choice of gambling for each person will definitely be different because we have to find the right casino for us. Even though in the end the casino asks us to do KYC, we do it in the right place for us because the casino will definitely protect its customer data and ensure that the data will be safe. But if you use a scamming casino, you may experience scamming from the casino and there is a possibility that the data you send to the casino will also be used for the benefit of the casino.

I know several well-known online casinos that operate with crypto and do not ask for KYC for as long as someone isn't crossing certain thresholds I guess. I believe if the amount of money someone is wagering or depositing crosses certain boundaries, it is probably in the best interest of the casino itself to have certain checks in place. But for the average gambler, which I think I am, there are still casinos allowing people to gamble from time to time and also withdraw without any issues. I'd say that anonymity is still a thing in terms of casinos if someone really wants it. But of course the risk that KYC is requested is always there if someone was relying on never getting asked for it. Better be ready to provide it if you want to get the money out in any case.

Casinos don't like KYC policy as well, and if it weren't enforced, most (if not all) of them wouldn't apply this to their platforms. What happens is that they have to in order to operate legally towards the authorities and regulators of different countries around the globe. There is no other way for a casino to operate these days, if they don't want to be labelled as illegal, what would put them in an unfavourable position when compared to their competitors who operate inside the rules. Money laundering, however, can still happen even with KYC policy implemented, as a money launder can use multiple accounts attached to multiples stolen IDs or IDs from straw-men connected to him, so he dilutes total sum of money laundered in smaller portions, staying under the radar of the law forces.

Data breach and selling of our personal identities were I think the most common thing that might happen when it comes to risks in doing KYC. Legit casinos I think requires KYC in accordance with the regulation imposed by the governments around the world. Though scam casinos do this as well that is why the risk of being compromised is quiet high even with those high reputation casinos.

The gambling was the essential one with the kyc,because the many money laundering was happening in the gambling site.So to control the money laundering activities,the gambling site was monitor by the government.So the gambling sites was forced by the government to mandatory of the KYC to their site to use of their site.The gambling sites which ask the kyc will probably the good one,So the gambler can check the background and use such gambling sites.The gambling sites which doesn’t have the Kyc will allow the gamblers to keep their anonymity to the other gambler.To ensure this the gambling site will hid our photo in the gambling site.

I think KYC is normal these days. It's part of the security policy of the casino; they do KYC for them to know who the player is and where they will send the withdrawal. And because a crypto casino or online casino is subject to money laundering, what I mean is that if the player is anonymous, he could waste money that could be from illegal activities. That's what the online casino is avoiding, and there are also laws that require KYC for online casinos to verify the players for their safety. I understand that you are concerned about your personal information. If you think you can't trust the online casino, then find another that is more trustworthy. But asking for video recording—I think that is sckechy; if they ask for that, I suggest they don't sign up for that casino. KYC only requires informal ID and a picture. But it depends on the casino; it's your call whether to trust it or not.

Video verification for KYC is too much, i would accept for some documents or simple fill up of information but on the sense that you are already that doing some video verification then it would be an another story.
Its true that in todays standard on which these businesses or platforms are really that needing to abide government laws and conditions on which means that they dont have no choice but to comply or else
they do know on whats next. Crypto gambling had become that popular because we do know that we arent really that needing to submit kyc or simply playing on anonymous matter on which it would really be
just that so normal.So its a matter of choice whether you would be dealing up with this or not.

If you are really that not really liking on KYC even on dealing with those known or reputable sites then it would really be just that you own choice or simply dont play at all.
Majority of sites now are really that requiring or would possibly be able to ask out some KYC if they had noticed something odd in regarding into your activity on which this is something
that could possibly happen most likely. There are really just that people who could be able to bare up those things without any issues.

Actually i dont really see any problems with this as long you arent that doing something illegal. Some are really just that mindful about their information to get leaked out on the internet
and this is why they would really be always that skeptical when it comes to this manner.

No KYC at L0tt0

I have never saw a gambling site having video verification as part of KYC. It's just common on crypto-exchanges but not on gambling sites. Even online fiat casinos, which are known to have a mandatory KYC, don't have a verification needed but only the usual like valid ID's and any others. Video verification, if it's really asked by gambling sites, is not appropriate for me.

But I agree that if we trust the site and the said site is already reputable, I don't find it risky to provide our documents if we plan to play there for long.

These days, some people are still afraid of identity theft but use real name and posting personal stuffs on the social media lol.

Only some of the gambling sites will ask you for the kyc.If you are satisfy with the rules of that website,you can do kyc to that website.Some websites only ask you details of the KYC,other will ask your entire kyc with Vedio recordings.The KYC with video recording was mostly the trusted website,So you can use such websites if you are getting enough bonus from that gambling sites.The bonus is also important one to create one new account to the additional Gambling site.Only the website which had video recording kyc as compulsory will not reject kyc which was submitted.

I am not sure if there are many places that asks video and all that. I have done KYC in many places, and the only ones I did was text ones that asks for your information so you write them, an image of my ID, back and forth, and an image of me holding a piece of paper with my face and my id on the same image. That's it, it's a typical KYC situation and they basically ask three images that's it, rest is done by them.

I have never been asked about my image any other way, or any videos neither. That seems like something that I wouldn't really know about and I think it is going to be a big of a deal when you think about live video as well, video is understandable but live video means a bit bigger, like actually be on call with them? Hell no.

The solution is simple: don't invest a large amount of money into a specific gambling site. This way, if they ask for KYC, you can easily move on and search for other gambling sites that serve gamblers without requiring KYC. In fact, many gambling sites, including regulated ones, typically do not demand KYC upfront. They usually request it once a gambler starts winning a substantial amount or when the account becomes older. Therefore, it's crucial to have numerous options available. After all, our primary goal is to ensure our gambling activities remain uninterrupted.