Topic: Casinos not asking for KYC to register and play, but do require it to withdraw - page 53. (Read 12762 times)

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

There are even legit casinos or long time running platforms doesnt have any license but still they do able to get that good numbers of players or users into their platform but this is really just that something
some exemption yet those trust and reputation that they had built up did really takes a long time or something that cant really be achieved so easily. Nowadays people or community would really be keeping an eye
into those platforms or services which are licensed or something that being regulated because they could be at least having that kind of assurance when they do engage with it.

KYC had become that standard nowadays on which platforms are really having those gambling licenses on which means that they are really that regulated and they do have
specific threshold before you would be asking out with some KYC verification but if you havent been able to able to hit up that threshold then
you wont really be asking on complying one so i dont really see much of a big issue.

Really sometime,  I wonder what some gamblers take gambling for because the ratio to either win or lose sometime is not different from one casino to the other,  and I don't like the fact that some gambler mix that up like making statements such as being lucky on a particular casino compared to the other,  what the reality is is that if you are a good gambler and you make your right analysis and being able to predict right you will win regardless of the casino where you place the bet,  so casino have no much influence on the outcome of the game most especially on none in house games where the house edge is not in operations.

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,  just like stake that give me a lot of. Luck compared to my luck on other casinos.

Well, I can also tell you that, there are really some gamblers who are playing in an unlicensed gambling casinos without even knowing it, some gamblers tend to choose online gambling casino not based on if they are licensed, but simply based on if they themselves, (that is the gambler him or herself) finds it easy to win on that Casino, or maybe encountered some really good winning immediately or not long after he or she started playing the said casino.

I currently know some guys here in my area who are supposedly glued to one casino, not minding whether they are licensed or not, all because of the luck they encountered shorty after joining and playing on that casino.

And some of this type of players usually don't give so much a damn about privacy, they may readily pass kyc verification so long that is what is required of them to do so as to be able to withdraw their winning and as well, keep playing.

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 think that the Tos is all, if we as players do not read the Tos, for many reasons, some due to laziness, others to do things quickly, because we can get unpleasant surprises in the caisnos, I have gotten them in the bonuses csianos cloas, and it also has to be interpreted very well, because if it is not interpreted well, things can be very drastic, in such a situation we as players must have those duties, towards ourselves, of not falling into this type of csa , because there is nothing more to do, by signing we are accepting everything that is told to us, which is very different if inside a casino because the Tos change without notifying their clients or players, which in fact there is a thread here on bitcointalk where he talks deeply about this type of problem, which for me is a problem because we cannot be accepting things like that, unless the Tos themselves accept that and we have not read or interpreted it well.

This thing about the Tos has many interpretations, because of the laws that lawyers live by, and knowing how to interpret them, then if we as players do not become more susceptible to what they offer us in the casinos we can detect this type of events, Well, in part things can happen for or against and even though things in casinos are very given to the fact that what dominates is Seto's legacy, we have to read very well so that possible problems in the future do not affect us, or due to these very Tos and their good interpretation we can defend ourselves, because it is very difficult to win cases against the casinos, even when there are many cases and we have accepted them, we have to have a lot of understanding and a good position on what It happened to us, there are few users who here in the forum have agreed with them, because in some way the forum helps the casinos to be fairer, and prevent them from doing things that are not appropriate.

And we know that people would really be just that choosing on dealing with sites which are licensed and regulated in exchange for security on which it is really just that a normal approach or something
that we do rather agree on rather than on making yourself getting involved on sites which arent that even that sure that they are really that legit. There are really just those people who
are really that not liking about regulation or too centralized which asking out some information is really a no go but since we are really that confident on dealing with a legit
site then you wont really be having options.

Stick with legit ones and you would really be able to avoid yourself on potential problems. There are really just those individuals who do really
love on testing out new platforms or sites on which it isnt bad but of course the risks is higher knowing that reputation isnt established yet.

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.

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.

With the research we do, we can prevent us from choosing the wrong casino. We can avoid shady casinos that have cheated many people. Apart from that, we also save ourselves from shady casinos.

We can do everything if we have experience being exposed to fraud from shady casinos. That will make us even more careful in looking for a casino that is suitable for us. And we will definitely advise other people always to be careful too.

And by reading the reviews here, we will know which casinos ask for KYC before we can withdraw our money. If it were a trusted casino, we wouldn't worry. But if it is a shady casino, we should avoid it. Shady casinos will not care about their members even after they have done KYC.

Though very rare that we are reading or seeing that someone is running after a casino,
having license is indeed a feature that can add credibility to their business.
The approach have been changed as a lot of frauds or scams have been going on for years.
And people are getting victimized by these people so one way to lessen such scenario is to look out for licensed casinos.
It may not guarantee that the site will always treat their clients right, but it will be their reminder to keep their business out of trouble.

Yes playing on a licensed casinos gives the gamblers more sense of safety compared to when playing on an unlicensed casino,  this is because,  most times those licensed casino have a physical office or can be traced through the liciesed authority fhat give the the approval to operate,  this have been proven in many cases before,  and having fhat ability to seek for redress have build another level of confidence in the gamblers so regardless of what kyc demand may come up, they will be ready to go. Through it instead of risking to play on an unlicensed casinos.

Although we have some other set gamblers who may not want that to happen and to them,  what is most important to them is to they privacy as their priority and being ready to accept any risk that may come along with that decisions.

License is something that people do really seek upon even if it means that possible KYC would be next in line rather than into those anonymous or non regulated on which it cant really be
avoided that you would really be having doubts that they might really be running with the funds unlike into regulated ones on which you could at least have that peace of mind.

Heah the first step to take as a gambler is to discover which casino to play on and being able to accept the fact that those casino are well granted licensing casino that allow for true transparency of their kyc process and being fair on their judgement on things that matters to all,  because a lot of times,  what causes the most problem os the way and manner at which those casinos aske for kyc and when they ask for it,  some time they leave you to gamble until you make a winning and want to withdraw that is when you will be asked for kyc verification which sometime is suspension to most gamblers who may believe that the demand for the verification is a targeted attack on their person and some time that is what it is from some few none reputable casinos.

Maybe we should also have to consider ourselves in some cases whereby we are the ones in charge of the casinos, can't we also make the demand in using the effect of KYC on gamblers to ease the whole process with them in other to make them use your platform and register, invite others and started with something that can keep them tied to your platform to then later demand for their KYC.

People would really be doing this on the time that they would really be able to experience some disaster but not really doing this before they would be making out some deposit.
You would really be finding out yourself to realize something but its already too late. It is always been that recommendable that making up some research first before
making such step considering that we do have tons of fake casinos or scam ones that currently existing on the market then it is really just that right that you should
really be having this kind of approach on which it is really just that right that you should verify things first before making such step.
You wont really be putting yourself on harm if you are really just that sensible on what you are doing.

There are some reasons why most of the casinos will not ask the user to KYC first before the user can start playing on their platform.

1. There are several stages of KYC, usually any suspicious user will get the annoying stage such as a selfie, source of income, source of funds, video call verification and other documents.

I think we all can agree that nobody wants to do a complete KYC first before we can start playing.
Any casino who demand a strict KYC since the beginning will close their service after operating for a few weeks, because nobody will play there.

2. KYC is a sensitive matter, checking documents need time, every users will have a different document depends on their nationality.
And again, I think we all can agree that nobody wants to wait a few days/weeks before we can start playing.

3. To prevent abuse, some casinos are whitelisted users who already done with the KYC on their platform so their regular or loyal players wont have any major problem with the withdrawal.
KYC any users since the beginning will make the abuser and cheater happy about that.

And there are some more, but most of the casino wont ask KYC since the beginning, its a suicide move for them - it will makes people stay away from their platform.


Note: any casino will always write on their T&C that they have the rights to ask user's to do a KYC anytime or when neccessary.
However, some good casinos still not strict about these. We can depo, play and withdraw without any issue as long as we dont do any suspicious thing on their platform.

That's why we do research before deciding to register at the casino. This is to avoid evil casinos that really want to trap gamblers. Those rogue casinos provide promotions that look too good to be true. It attracts the attention of gamblers who don't want to do further research.

Those who are tempted will definitely immediately register at the casino and deposit the amount of money that is required to get the bonus. But suddenly, they were asked to carry out verification even though this was not mentioned at the start. This is where they then complain but unfortunately, no one can help. That's because the casino really wants to trap the gambler by taking all his money.

There may still be many casinos like that where they don't ask for KYC but will ask it when the gambler wants to withdraw their money. This often happens, especially if you use a casino from outside this forum. So be careful if you find a casino from outside this forum. Always do research before deciding to sign up. But it's best to use the casinos on this forum to avoid bad things that could happen.

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.

If you ever find yourself in such position it's your fault, you don't just open account on a platform and decide to start using it, make sure you first read through their terms and conditions, if you do you will come to where they will say that they may have to ask for KYC if the need arise or something similar, even if you can't read through the terms and conditions because you feel lazy doing it, why not ask their customer service about KYC verification just to be clear?

If I am new to a casino I will first do my findings before I make deposit on the platform, but since I don't have any problem with KYC verification there is no need for doing this findings, I only have to make sure that the casino is not a scam, asking for KYC does not mean that the casino is cheating.

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Even if you decide to register on a crypto exchange today, you won't be ask to pass KYC immediately, you are free to trade and withdraw on some crypto exchange, but with limited withdrawal every 24 hours, right now KYC can't be escaped in the financial world, it's either you get used to it or you stop gambling on online casinos.