Topic: Casinos not asking for KYC to register and play, but do require it to withdraw - page 20. (Read 12785 times)

We think that all the time we are ready to receive new things from casinos , and sometimes not very pleasant ones, because basically things in casinos Always do things in their favor, nothing in favor of the customers, and it is abnormal, it is a casino, As you know, many advertisements, contests and various things like bonuses are done in an attractive way so that they can attract the attention of the players, but if we know how things are, sometimes they tend to be a little more difficult. Well, when you see that there are very big requirements, sometimes people back off and there is nothing to do, because they are very difficult requirements to meet, I am one of those who this happens to, and especially because I am very impatient for playing, so when it comes to making withdrawals, if we do not encounter problems due to the KYC, for me it is enough to go to that Casino for each year I play more, and that is why the one who loses the most is the casino, not as a player, because one always finds Opportunities to play.

Gamblers are free to make decisions about registering with a particular casino. Now if a casino makes KYC verification mandatory and a gambler is not interested in doing kyc then that gambler will refrain from joining this casino because casinos will never force gamblers to join their casino. However, if some casinos do not make kyc mandatory, casinos use kyc as an excuse to withhold the gambler's winning funds when the gambler wins big. And the casinos that engage in such activities can never be trusted casinos, they can create even worse situations for the gambler in the future.

Yes, you are right that they want to very know your customer identity if they suspect you. But they only suspect you when anyone wins or tries to withdraw funds. Many a gambling site won't restrict anything until there is a withdrawal request. So, it is good for gamblers? If we aren't ready to fulfill these terms then we must stop gambling on those sites that require any types of verification.

Well, there is talk of spending money that you do not want to lose, it is normal, but you have to comply with it to be able to do things better, that is, it is preferable to have a controlled balance. to lose a total of the balance, that is something that many eprosn do not consider and that is why the problems come later, of the money they lost when they should not have lost, then basically it is a security measure for ourselves as players, it is something which should be avoided, of course we are people who will always seek to win, but sometimes it is inevitable to lose.

The thing about money willing to lose is a strategy that I use for trading and that I brought to the game to avoid constant losses.

The problem is that casinos don`t want to do it. They like this opportunity and say something about "we allow gambler not to spend time waiting the KYC. He can begin gambling after his first deposit immediately". But the truth is that they can freeze your money for a long enough time. And it is difficult enough to change casino because the main part of them have something about it.



I know about it. But the problem that we often has no opportunity to KYC ourselves. I try to make several small deposits before big betting to get KYC but not always it is possible.

I find it simple - dont gamble at all if you dont want to play under their rules. Open your own casino and do whatever you want. I strongly believe that casino will never ask for KYC just for fun, just because you are some kind of a special player and their security team decided to pay attention to you. They do ask KYC if they find there is something suspicious about you. If you havent violated anything, there will be no problem to pass it. Scared of loosing identity, go to decentralized casinos. Quite simple, clear and no need to stretch this situation, turning topic into hundred pages long.

I understand the school of thought you are bringing this from and I love it as well because the two of them (casinos and exchanges) are dealing with people's deposits and withdrawals. However, to buttress your points, there are many financial services and payment gateways doing this even before online casinos came into operation, and they still do this now. These are companies with the highest level of regulations operating in strict countries like the UK, US and Europe. This is possible because it is allowed by the rules of their regulators to provide a limited financial service for a particular customer/client without verification, and just as you explained what exchanges do, these companies do such as well.

There will be limitations to the amount they can transfer and there can be a certain grace time they can go without verification. This also varies depending on the transaction of the customer/client, the country of residence and how suspicious the customer is. These 3 factors are important and could prompt what many call unjustified calling for KYC completion by casinos, neglecting that the casino they are dealing with is not a no-KYC type. I simply see no fault in any regulated entities calling for the completion of KYC at any time, so far they are regulated and have not advertised no-KYC to you, just know that it might only be a matter of time if you do not do it now, they will ask you to complete it later.

I disagree with the part where you said they will allow you to deposit without KYC, this is already common with crypto exchanges too and I believe that all gamblers on this forum know this about crypto exchanges too, why blame the casinos only?

Few crypto exchanges will restrict you from withdrawing if your amount is big and will only allow a certain amount to be withdrawn every 24 hours and some don't even give room for such.

If we can put the blame on online casinos for this act, then gamblers have their blame too, what's stopping them from passing KYC first before even starting to gamble on every online casino they choose to use?

KYC and online casinos are like 5 and 6, always in one, be ready to pass it or forget online gambling, I would rather pass KYC first before using it instead of trying to pass it after I won some money.

There is no doubt that gambling is the risky game and those who gamble know that they are taking risk with their money in order to gain profits and in the process they may lose money too.

However, being not able to KYC even after winning is not termed as bad luck but a scam by the new gambling sites. They will allow you to gamble and deposit without KYC but when you win something and place a withdrawal order they may start to ask for KYC. The bad ones won't approve the KYC and hence your money is stuck in the casino.

To avoid this situation it is always recommended that we do the KYC first so this risk of getting scammed by casinos is eliminated to some extent. Now it only leaves us with luck in gambling and if we have good luck we can make money in gambling and cash it out.

lets not mentioned those who deserves such restrictions because as gambler we must know what rules in each
site we are dealing and we must comply to never experience issues , but what we need to understand here is that
the casino that is victimizing players because we have seen this many times than players are cheating  gambling site.

The suggestion to make KYC verification a prerequisite for deposits could indeed streamline the process, setting clear expectations for users while aiming to enhance trust and transparency.
From other side, it could make signing up harder and slower for new users, raising concerns about privacy right from the start. While aiming for more trust and transparency, it's key to think about how this might put off newcomers or complicate the initial steps. Your "dragon spheres" analogy adds a fun twist, highlighting the tough task of changing how things are done to be more user friendly. It's crucial to keep looking for ways to balance security, privacy, and ease of use for everyone.

KYC is bloody mandatory these days, mate, but it saves ya heaps of strife when ya wanna have a fair go against the pokies joint that's holding onto ya winnings. Normally, they don't hang onto ya dosh when ya strike it rich and wanna cash out. Once ya've already verified yaself, they don't hassle ya again. So, reckon KYC's a necessary annoyance, but worth it in the end.

Normally a person who always enters a casino the only thing they think about is winning and withdrawing, I think that is something basic, however all this is sometimes wrapped in an endless number of things that can be very welcoming to please others, Some say it is for fun, others for enjoyment, but I have noticed that almost no one tells the truth, the truth is money, fun and enjoyment if they are on one side, but I think that here the main thing is that, money, In fact, no one goes to a casino just to have fun using play money, everyone goes with money and to spend, but when that right is skewed by something as non-elementary for us as players as a KYC, where the majority is full of rage, because here the common thing is to do things well, so good that the KYC is accepted and verified, but it enters another complication that the verification can last up to days and that complicates everything.


Well then, because of these things, we must see that as now the KYC is a Mandatory process, well, the cais should not do that, they do not lose anything, in fact so many Problems would be avoided that they would almost be an example for others to copy from them. Of course, not everyone would do this for the simple fact that they believe that people will not enter , but sooner or later everything should only be done by us, of course I Always say something, it is better to trust the casinos that have a high reputation, a high degree of trust so that relatively new casinos are not generated by Others, I am Someone who does not trust much, I am always somewhat suspicious of them.

That's more better they should require this at first so that no confusion related on future implementation and for sure to many can accept that set up rather than this requirement will be ask later on once they request something since their casino might provably get a bad reputation for that reasons.

If they care about the feed back of people they should not deceive by telling they are not KYC compliant but at the end they ask their users especially when withdrawal request has been submitted.

If they cheat and say something misleading then its better to leave their casino and warn our  friends regarding to those misleading claims they are posting on their thread.

That`s what i`m talking about! If the casino make us KYC, they have to do it before the first deposit. At least we must have an opportunity to KYC ourselves. In such way gambler can choose his way - if he don`t want to KYC he can change casino, if he don`t afraid of it - he KYC and has no problem with withdrawals. But casinos don`t want to lose such opportunity to cheat.

In my opinion, it would be correct to draw a clear line between fiat payments in casinos, which are completely personalized and use verified bank accounts, and payments in cryptocurrencies, which are completely anonymous and the owner of a cryptocurrency deposit in a casino can maintain this complete anonymity. 
Unfortunately, now legislators, introducing de-anonymization into cryptocurrency, completely ignore and have spoiled the main property of cryptocurrency as anonymous money.  And this offensive from exchanges and casinos is also very active.  Fewer and fewer casinos do not require identity verification.  And voluntarily reporting and distributing your personal data to dozens of not very reliable businesses, in my opinion, can generally be considered a crime against a person’s right to privacy. 
Legislators need to start protecting these very human rights to privacy in the issue of cryptocurrency payments.   Unfortunately, no one from Congress even says anything on this topic.  In any case, I have not heard anything intelligible from congressmen about this approach to the problem. 
But the problem exists, this is obvious.

Well, if we consider that we take risks at every moment to carry out any activity, then we could have a better understanding of things.

For example, I am a person who joins any bank, or any FIAT style organization. What is emphasized here is that Fiat money is what is legal, what is common and what many people strive to protect because it has a higher order of legitimacy, however, in an online casino with crypto, I believe that criminals have more free rein to do their misdeeds, because Governments require KYC, but at the end of the day we know that they will use that same KYC in some moment against us and that is the only thing that should be avoided, that is why so much drama with the KYC to withdraw, although as I have said many times the casinos should be more Illustrative , instead of announcing that they make deposits, they should say that they first make the verification of their KYC to be able to make the deposit, that would be the most loyal thing they could do to avoid all these problems , but I think that not even with the dragon spheres ocn 3 wishes would I do it.

I don't think it much when I read from a customer that the casino or any company are not verifying their documents, claiming they are rejecting it after many submissions in some cases. This is because the customers might lie and not tell the actual truth of what transpired between them and the company. Many will have bad documents submitted and would be pressurizing the company to verify them for them, while some will poorly scan/snap the documents or even provide illegitimate documents and expect the company to verify them. It is not until one hears both sides that the truth can be known.

This makes me think towards my angle, I've been dealing with more than 50 companies for decades and these are companies that require KYC and document submission, but none has ever denied my KYC approval and neither has any of them blocked my account or swindled me with the money deposited. This can only be for the reason that I do the right thing with them. That is why I think at times that there could be some things many people are doing wrongly with the companies that cause the issue. But since people can't verify both sides, they often talk ill of the company even in reviews.

Even if we do say that you are spending on the amount that you can afford to lose but still its not something that not will really be  giving up any problem even if its free money or extra. We do know that losing money is never been fun and even if you do deal up with legitimate platforms but still you would really be having on the same feeling or emotions towards loses.  Speaking about legitimate or reputable gambling casino platforms then it wont really be that so hard on making yourself on finding one. We do have that Google on which we could really be able to search up any information that we could really be able to
check on about specially into those casino background check or whatever information it would be.

Usually you would be facing up these withdrawal hold and ask some KYC into those shady ones but somewhat this has become standard because once you do win up big
then there would really be some sort of verification but actually its not really that much of an issue for me.

There is no anonymity, even in cryptocurrencies. May be several years ago, when it was not so famous like nowadays. And the KYC willn`t break it. It is an opportunity to steal your money for cheat casinos. I think that there are some one-day casinos, that created for stealing data, but it mostly looks too cheap to attract attention.
If someone don`t like KYC - it is his decision, i can`t agree or disagree with it. But the same time i can say what i think.

Yes, i know about it and mostly try to have small sums on my deposit for lazy bets. But there are different situations: big prize, nice odds or match in the other casino, etc. In such situations i want to have an opportunity to move my money fast.