That is how gambling sites are. Most of them will not demand for KYC from you as long as you are losing, but if you win and want to withdraw some money, they will go through your account and tell you to do necessary things before you can withdraw and requesting for your identity through KYC can be among the requirements.
My topics originates from the comment of this user above in this thread where the OP is writing to seek about KYC stuff. The link to it will be at the end of the topic.
I know casinos do this. I have experienced it too. It is also in their T&C. My question for casino lovers is that instead of waiting until we win big and are asked to submit KYC documents, will you do it before the casino management or administrator request of it? Is there anyone who has gone ahead to fill out and submit their KYC on their account or by asking their customer support for it way before they even start make a request.
Link to original post described in the OP -
https://bitcointalksearch.org/topic/bcgame-asking-for-kyc-before-letting-me-withdraw-5494948Yes I would if the platform I am engaging my money with, will require it. It just happens that this procedure is being asked to players on withdrawal and not merely because of huge profit, which makes players to notice is later after they registered or before making a deposit. We already know the reason behind this procedure; to limit minors' exposure to gambling activities and laundering concerns. There are many platforms to choose from wherein this isn't required and with that, we're free to move from one to another if we would want to. Not everyone agrees with complying to KYC procedures and for sure providers know that as well.
If you intend to win big, you should already submit a KYC because that is necessary, at least if that happened, a casino has no more excuse not to pay you. I've read a lot of post about KYC being used against the gambler who win big money, so prevent that from happening, you may not win now but time will come when you are lucky, you can easily withdraw your winnings because you have already verified your account.
KYC is already a must nowadays, it's not required only if a casino is decentralized, or in short unregulated.
Are there any gambler who doesn't aim to gain good profit from gambling? I doubt. A gambling site will give your winnings if they are legitimate and this procedure is just there for a reason. Condition is simple, if you like a platform then you should follow these rules, if not, feel free to choose other gambling sites. Personally, I never encountered any issue so far from doing kyc, and I hope same goes with other platforms and bettors.
