Topic: Casinos not asking for KYC to register and play, but do require it to withdraw - page 52. (Read 12762 times)

Doing KYC during the registration process isn't always a suitable thing to do even for gamblers because most of the times, a casino would allow you to deposit, gamble, and withdraw without asking for KYC if the amounts you are using aren't really high, like maybe within $500 or something, and if that is the case, you don't need to go through the KYC verification process since it won't be necessary. That's why, one should let the casino ask them when required instead of opting for it themselves.

Casinos also don't ask for KYC verification during the registration process because, as you said, they know that a lot of gamblers will simply leave the platform and go for another one before even making a deposit since many gamblers don't like the KYC thing at all. So, they play it safe by not asking for it initially.

This really creates a very surprising situation for a gambler at that time. Asking KYC at the time of registration would be good for gamblers, but many casinos do not ask KYC at the time of registration to attract gamblers to their site, it is also a marketing policy. But when a gambler wins and goes to withdraw he is forced to KYC which is a tough time for that gambler.

And many times dishonest casinos use this kyc as an excuse to withhold funds from gamblers as we can see from various gamblers complaints. Gamblers should check the ratings and reviews of a non KYC casino before joining to avoid the hassle of KYC in the future.

The very important aspect of all gamblers is to read Terms of Service whomever that doesn't follow this correctly always falls into trouble because they aren't cared about the terms of operation so they blindly go into making deposit or start gambling, the worse parts of it is that when you make a huge winning it's then you will understand that there are terms of operations that guides you. First as a responsible gambler before signing up any casino or gambling site to make deposit he should at least go through their terms to know if their country aren't restricted from gambling in that website but at this we don't do that at any point.

Yes, that's how it is, but still they have written and put KYC regulations in their TOS which sometimes not everyone can read, that's why a system like that seems like a trap for those who think KYC is an annoying system because big casinos don't ask for KYC at the start so allows users to feel comfortable at the beginning of registration and making deposits so they can play casino.

But after they get a big win and make a big deposit sometimes the casino suddenly asks the user for KYC at the end of the game, that's why if you want to play casino make sure you first read the casino rules and requirements because to prevent the desired thing and usually we can characterize which Which decentralized casinos are KYC free and which are not.

Casinos also don't ask for KYC verification during the registration process because, as you said, they know that a lot of gamblers will simply leave the platform and go for another one before even making a deposit since many gamblers don't like the KYC thing at all. So, they play it safe by not asking for it initially.

Not always. And there are lots of restrictions until you KYC.
But you`re right - the casino can make you KYC any moment they choose. It is in ToS but the main part of the gamblers don`t read it. As the result we see such threads.
It would be fair to KYC during the register. In such a way we willn`t have any problem with KYC during gambling and withdrawal our money, but it is not interesting for the casino, because a part of gamblers willn`t register with the KYC.

Audio or video format explaining the TOS to their users is really a great help for people who's lazy to read long text in anywhere they go. Also other people will not have any reason to know the rules of the casino since they are already giving them a favor about explaining so well the rules and its up for them to listen to get those information and will not violate anything.

The only thing can make people came back is not only the promotion but rather how they treat them, also on what benefits they can get to the platform or physical store owners. If they like what they see and experience for sure those guys will come back and play since they might think that this casino is really better for them.

.. so casino have no much influence on the outcome of the game...

But also I must agree that,  as a person,  you will have your most preferred casino,  and this is based on the level of luck that accompany them while you play on that casino..

Well aside from the above-mentioned reasons for KYC demands from the casino there are still numerous others that have a lot to do with the reputation of the casino and that is a situation where the gambler is only asked for KYC just because he won a big amount and the casino aims to deny him access to his winning and even deposits balance,  this attribute is mostly exhibited by scam casino who have no good reputations and are known for violation of the gamblers right.

But aside from those shady casinos that put up such acts and violations,  I don't think a gambler will have any problem with KYC since that most of the reputable casinos will never ask for it unless on rare occasions.

So what my understanding of this is -

1. Operators with fiat gateway have do KYC before you withdraw because they have to keep a track whenever crypto is converted and taken out. Other's who are only crypto do so because to eventually want to comply.

2. Operators who are only crypto do not need KYC to some amount of withdrawal. Also, only cryto have more benefits like they don't usually ban you if from a banned country. You can just withdraw to your exchange and cash it out from there in fiat. I have yet to come across a very seamless and good option for this.

Any reccos for only crypto no KYC sites?

I think that some casinos allow themselves such a trick so that the player starts playing faster; they do not require KYC during registration and the player quickly registers his account and transfers money to the deposit. 
The careless player certainly doesn't read the ToS carefully.  And in the ToS there is a provision on the possibility of requiring KYC from a player in certain cases.  As a rule, this is, of course, the withdrawal of large amounts of money from a casino deposit to the player’s account.  This is where this casino trick lies - after all, often a player who starts playing without KYC wants to receive winnings if he wins and is lucky.    And csinos are starting to require KYC.  Namely, this player cannot, for some reason, confirm his identtity and pass the KYC check.  And that’s it, the money remained on his deposit.  And theoretically, this is the working capital of the casino itself.  So much for winning the casino thanks to this little trick.  Of course, there may be only one such player in a hundred, but it still saves the casino money. 
And no one cares that such a player is offended and disappointed in such a casino.

This really creates a very surprising situation for a gambler at that time. Asking KYC at the time of registration would be good for gamblers, but many casinos do not ask KYC at the time of registration to attract gamblers to their site, it is also a marketing policy. But when a gambler wins and goes to withdraw he is forced to KYC which is a tough time for that gambler.

And many times dishonest casinos use this kyc as an excuse to withhold funds from gamblers as we can see from various gamblers complaints. Gamblers should check the ratings and reviews of a non KYC casino before joining to avoid the hassle of KYC in the future.

Before any action, I think it is best to contact the support staff and ask things about KYC and withdrawal.  After all things about KYC, withdrawal limit before the KYC to be implemented, then we can do the next part. 

To save us from the troubles of communicating with support stuff, we can do KYC first but I believe most users will not agree with this kind of notion.  Anyway, if we do KYC, we can just do it all at once to save time and effort. 

Yet so far, I have not experienced problems with the casinos I am playing with when it comes to withdrawing funds even though I have not done KYC yet.

This really creates a very surprising situation for a gambler at that time. Asking KYC at the time of registration would be good for gamblers, but many casinos do not ask KYC at the time of registration to attract gamblers to their site, it is also a marketing policy. But when a gambler wins and goes to withdraw he is forced to KYC which is a tough time for that gambler.

And many times dishonest casinos use this kyc as an excuse to withhold funds from gamblers as we can see from various gamblers complaints. Gamblers should check the ratings and reviews of a non KYC casino before joining to avoid the hassle of KYC in the future.

Creating a video format for tos is novel and will revolutionise how we read and use these papers, which we typically overlook. Entertainment and gaming, with their convoluted terms and conditions, would profit most. Imagine entertaining videos that simplify legal language. Users may make better decisions if this strategy changes their understanding. Users gain power and firms reduce risk

Will businesses invest? They must! Building trust requires more than following the law. Honesty keeps customers coming back, not simply a trend. Why not take this next step when user experience is everything? Remember that knowledgeable users have fewer conflicts, which can save firms from legal issues. Companies must recognise how this new approach can benefit them long-term

I'm imagining it and I think it's not a bad idea, actually. A video tape with a person explaining things in short might be more effective, or even better if the video shows every written rule with practical examples about where the rule applies, like in what cases and how it should be followed or avoided and such. It might not make everyone watch the video or understand the terms and conditions but I think it will greatly increase the percentage of people who show interest towards the terms and conditions.

However, I'm not sure if platforms would go to that extent as it doesn't really affect them that much if customers don't read the terms and conditions and get in trouble later on because of it, they can simply tell them the problem and say that it's in their terms and conditions and then it's the player who is responsible since they didn't even read them.

Casino terms and conditions are complex and vital, like the rules. Not merely legalese, they're a playbook for both sides. The business issue is risk management. Casinos set these terms to protect themselves and customers. Knowledge is powerful, especially when money is involved. Online bettors could better understand the complexity if they read them.

However, casinos simplified their term. Imagine if they simplified the legalese into bullet points or made a video guide for the most important portions. Possible game-changer. Make important information accessible and appealing. Gamblers must read the terms, but casinos must make them readable. A little effort from both sides could reduce disagreements and improve gambling.

This really creates a very surprising situation for a gambler at that time. Asking KYC at the time of registration would be good for gamblers, but many casinos do not ask KYC at the time of registration to attract gamblers to their site, it is also a marketing policy. But when a gambler wins and goes to withdraw he is forced to KYC which is a tough time for that gambler.

And many times dishonest casinos use this kyc as an excuse to withhold funds from gamblers as we can see from various gamblers complaints. Gamblers should check the ratings and reviews of a non KYC casino before joining to avoid the hassle of KYC in the future.

I believe this is the strategy of the casino to deny the person the amount if it finds the person suspicious.  This is also something that has to do with anti-money laundering law so that the casino will have the detail of a person winning huge in their system just in case the authority ask for the financial report of the casino.

I know about these reasons and i don`t believe that casino will KYC all the gamblers at the start. But now imagine the situation: you want to withdraw money and you need it fast. And at this moment the casino decide to KYC you. And you have to search some documents, wait until the casino check it, etc.
As for me it would be better to KYC during the registration. At least part of it - you can send documents and start gambling while the security check it.

On this subject, I've already spent a few hours wondering the following: when a casino says in its TOS that it will ask for KYC in case of suspicious activity, and they allow someone to deposit large amounts of money, play and lose, and then they don't ask you who does kyc, but when the same person the next day deposits the same amount at the casino and wins, then at the time of withdrawal they ask for kyc, then that casino shows that it has problems with people who win at its casino and this has happened a lot Sometimes, it's not a rare scenario, it's something that has even become common and everything gets worse when you're someone who deposited little money at the casino, never lost much at the casino and one day manages to hit a big multiplier and wins a lot of money

so the casino puts that person on the blacklist because that person is in profit, with this big win that person recovered all losses and is left with a profit, and this has also happened with people who have won consecutively, these people are soon limited, like they immediately do kyc so the casino no longer has any reason to ask for kyc and withhold their funds, so even though in my opinion people should immediately go and do kyc as soon as they create an account at the casino, this prevents a lot of headaches, because the person knows that the documents have been approved and that is why he can deposit at the casino and if the documents are rejected the person knows that he should not deposit and play at the casino