Topic: Casinos not asking for KYC to register and play, but do require it to withdraw - page 9. (Read 12716 times)

The main reason why cryptocurrencies had become so popular it is just because of its anonymous aspect on which you can really be able to be cheated any moment. Even if you still believe in "anonymous aspect".
There are some gamblers who really want to be anonymous, they choose casino without KYC, but the main part of gamblers, who tell us about anonymity share their private data with any service without any doubts. Be honest with yourself, analyze how much services have your data and add one more - your favorite casino.

One of the main reason on why crypto gambling had become that popular it is just because of its anonymous aspect on which you can really be able to tell that there would really be tons of people
who would really be rather prefering on playing without making their identity that being exposed. On the moment that crypto gambling boomed up then government will surely be wanting to regulate
everything on which this isnt really that a shocking thing anymore or something that new. This is why now these sites that had been before to be non-kyc but now they are really that neither asking
or there are specific conditions on which us gamblers wont really be having any choice but to deal up into those things on which we know that there's nothing we can do about it
with those changes.

Here, you spoke my mind and I completely agree with you, alot of gamblers complain about kyc today, and what you said has always been my opinion, it's better to just stay away from gambling completely if kyc is a big issue for you.

Kyc (from my personal observation) will never go away, it will only elvove, maybe in the future, new technologies will be built or invented that will make passing kyc verification more easier and stress free, but then, it's something we all should already get used to as long as we are sending and receiving money on that internet, because aside from casinos, most exchanges have made kyc verification mandatory for all users before they allow any form of deposit or withdrawal.

This is why there are PayPal stealth accounts, most companies do kyc as a formality to appease governments/avoid legal troubles, or so to say they do the bare min to verify the information. That being said, they will enforce it if you get a big win... It's a risk either way.  it's probably safer to assume all sites will require kyc unless they have a reputation of not.  And it's safer to just not gamble if you're not comfortable providing it or risking your funds.


It does seem like there would be a single party that handles verification to reduce the chance of data leaks by now......
But i just assume that everyone has my information by now, can't go more than a few months without a hospital, or government agency mailing me saying they've had a leak that exposed my information.
Shtty government wants to "require" you to give it to them, meanwhile my information on the Burger King app is better protected.........

By the way, I think that now some casinos actually keep the money of those clients who cannot pass KYC for some personal reason.  I don't mean that the casino is stealing this money.  This is not true at all!  It’s just that such money is transferred to a special account “unclaimed client money”. 
And as unclaimed payments continue to grow, this bill gradually grows.  And in this case, starting from a certain point, the casino begins to count, roughly speaking, that these are like deposits from clients, as happens in a bank.  And apparently the casino itself puts part of this money into commercial circulation to make a profit.  The same thing as bank loans.  But, of course, if the player fulfills the KYC requirement, the money will be returned to him, but still such a fund will exist and work for the casino.  So many casinos are interested in having such unclaimed money from clients who do not confirm their identity using KYC or something like that.

I don't seem to get you correctly about the remark that "KYC also protect the gambler from some data violation," I would appreciate it if you could shed more light on that.

Well, the issue of KYC has been lingering for so long and in the end, I think this favours the government intervention rather than the customers' interest and data security. If you would agree with me, if not for the KYC, data leaks would not be as much as it is now, and we would only be hearing of the few ones that happens due to hacking and robbery. But today, we have millions of companies in the world collecting people's data, is the government telling me that they trust the safekeeping of people's data in the hands of these random people using companies to collect the data? I will not even think otherwise.

So, the issue of data collection through KYC online is always concerning, but it is unless we want to stay off the internet that we can overcome that, which is not possible in this civilization. As for the approach of demanding the KYC when you are winning frequently or trying to withdraw big or even withdrawing frequently is not new, it is we who should outsmart them by doing the right thing. Even if they ask for additional documents, let's provide them as and when due. I hope they will not start playing false verification to avoid the customer passing the verification for them to keep the money to themselves.

What is mostly going to be our own individual responses if we happened to be the owner of some of this casinos, are we not going to place demands on something like this or we are going to take it low by making no demands for the kyc, or finally make our own process and requirement more tough and strict than this, a gambling platform on a normal time have to go across in taking some measures to ensure the security of the platform as well as avoiding some of the scam attempt on their users through the kyc process, we can encounter similar things when we go to the banks, they will have to verify to know that it's you.

There would really be no trouble but it would really be just that depending on what site that you are dealing of with and based up on what you had illustrated then people would really be that skeptical
about passing up any documents for some verification because we do know that things here on crypto space should really be that totally anonymous and not something that in connects on passing up
something and letting their identities be known but just like on what we do all know that these businesses are really that  centralized and licensed on which they would really be that getting in line
with those verifications on which it would really be just that normal. You wouldnt really be having no worries if you are really just that dealing on the right place and not into those new ones or
not really that known.

We were talking about reputed casinos and KYC, arent we ? I would not even bother gambling on casinos with low reputation, and wont bother passing KYC there. Such casinos are already a red flag, and gamblers go there by their own risk. For example I wont mind passing KYC on rollbit or stake for example. I might even do it first, without being asked, if I plan to deposit a large amount. But my question remains - people spoke a lot problems and anonymity, but does anyone here had troubles with it?

Exactly. Only spam phone calls and e-mails. But i think today everybody get such calls. Even when i called to my bank and told that i don`t want to get their propositions - they continue to call.
Also i heard several times that someone get credit, but i don`t know anyone in real life, who got such problems.
Today all your actions approved with 2FA or SMS, so don`t lose the phone and credit card and be happy.

Actually its not really that hard if you are really just that mindful about your safety because if you do find that TOS are really that lengthy and boring to be read up on which its true but if you do really make out some search on specific matter or thing like "KYC" then you could just simply make that control+F on your keyboard and type the word then your good to go. If you cant find any relevant information about it then you
would really be just that simply making out some google searches then its impossible that you cant be able to find relevant information in regarding into the thing that you are trying to look for.

It is really just that there are people who are really just that too lazy on doing things and doesnt mind about the risk on the moment that they will really be engaging into the sites that they
dont even know if its legit or not. As long it would really be that looking interesting and something that you do like then you would really be diving in without having those
considerations on searching up something deeper.

Privacy concerns will only goes with unreputable casinos asking for immediate KYC to their users. For sure with this case people will think about negative effect of the actions they done. Then imagine those unwanted possibilities that might happen if those casinos will mishandle everything or sell this private data to third party platform which have evil plans for the information they collected.

Anonymity has been concern by people but this is taken out by regulation happened on majority of the casinos. That's why people has no choice especially if they continue to gamble but to submit their personal information to proceed on their activities. Now the concern is to select the reputable casino so people could able to avoid those negative things came up on their minds. Receiving those annoying advertisement and surveys is indication that our personal details has been sold so with that we need to be more careful dealing or participating on those since maybe the scammers want to dig more deeper information about us and try to see if they can get something from their potential victims.

It is wise to read up terms and conditions in other not to experience such issues. I know that those TOs are usually very lengthy and boring to read but one can save their self the stress by simply asking others if they have read the terms and also inquire from them if they do require KYC or not. You can also use a search engine to ask if the casino require KYC or not.

Avoiding shady platforms is very simple, DYOR properly and you will likely find out if it's a shady platform or not because other users that have experienced any shit from such casino will definitely have their complaints too.

Yeah, exactly, you are absolutely right, your your experience is very similar to that of a woman in the US(not very sure if it's US actually) who won millions of dollar (I think about $14 million dollars or so, not sure anymore) while playing a Slot game through a slot machine, the casino refused to pay the money to the women, claimed that the machine the woman played slot game with was faulty (meanwhile, they were the ones that assigned the machine to the woman) and offered to pay the woman a compensation,  but she refused and charged the casino management to court, after the court investigated the case, they hired experts to look into and test the machine the casino management claimed was faulty, after rigorously testing the machine, it was discovered that the casino management was lying and was only trying to evade paying the woman her winning, the woman won the case and the court forced the casino to pay her her winnings.

And talking about casinos setting limits to amount a player can win, I think some of them do actually have that limit, like Stake for example does have a limit to the amount a player can win from sports betting, I don't know about casinos and slot games.
But I think it's still not really about having such limit, it's more about a player winning in a particular game constantly, like all the time he or she plays that game.

People talk much about kyc being stolen and used by someone else, that if you upload documents, you might face some problems in future and etc. Anyone of you had any troubles after uploading documents? This refers not only to crypto. Anyone had real problems after losing a part of anonymity? Besides crypto, people often share their private info, and I see that mostly they get only annoying advertisement or surveys phone calls only.  

I don`t think that i can find it today. It was more than a year ago, i changed phone and delete all the history. Also it wasn`t interesting for me, just for fun.

I don`t think that KYC can protect our data in any way. If we share our data - we only increase the chance of steal. I don`t think that it is important risk, but i don`t see here any protection from KYC.

I have played on a casino and won in multiple rolls that the casino had to fake that there's a glitch on the game and I was told that I can't withdraw my profits. Lucky I have already withdrawn some amounts and the rest was frozen for 3 days then they answered that I wasn't the only one that got affected.

They promised to work on the game to solve the glitch problem. When they were done with their maintenance, I only got compensated and the game went offline. Casinos will do anything to not be at a lost but sometimes they forget that the players can have a lucky day and they will be able to win alot of money. If they don't want people to win above the limits that they can pay, they should have a maximum limit to be won set on their casino and stop being creepy.

Not all licenses are equal.
Most of the casino licenses we see with some of these bitcoin casinos are licensed under the Curacao Gaming Authority, and thats usually the best case scenario. Gaming licenses can be expensive and typically if you actually go to the Curacao website, by clicking on their link in the footer of the casino 95% of the time you’ll see that the casino is actually sub-licensed under a different gambling firm. This lowers the cost of getting a gambling license and allows the casino to run under a “dark-grey” casino license.

As for KYC, think of it like this. The casino will allow any player to register and deposit with absolutely no KYC, infact register anonymously it makes no difference to them. They will even allow US customers to play which I guarantee you, definitely does not fall under a Curacao license.

However as a sub-licensee, you may be asked to provide KYC  of your players. Typically they can hide everything but not players that are cashed out, this has to be verified and they will need KYC to prove they are keeping accounts or the casino they are sub-licensed under may get their license revoked.

Other licenses like the Malta Gaming Authority do not work this way. Every vendor is licensed and has to adhere to a much stricter KYC policy. ie, you can not even deposit with out full KYC upfront, and they MUST close IP to players located outside of where the license is valid.

In other words, licenses could be a great thing. You might feel secure playing in an online casino thats licensed but just remember, thats not always the case.

Talk to support before you make a deposit to find out what their terms are.
I prefer playing unlicensed rather than in a sub-licensed Curacao casino. Retro to that go full licensed under Malta (if your from Europe)

I also have never had any issues with kyc on any casino, in fact, in other for me to always be on the safe side, and avoid unnecessary stress and frustration, I usually only register on well trusted casinos, and as soon as I am done with the registration, I proceed to passing the kyc verification, this way, I am sure to gamble with peace of mind, knowing that if in the process, I encounter a good amount on winning, the casino won't have me pass kyc again before they process my withdrawals.

And regarding limitations, this has become very common with most casinos, the moment they discover you are winning to much in a particular game, they either will limit the amount of money you can bet while playing that game, or limit you generally.
There are ways to avoid being limited, but it doesn't really work for some casinos, so I guess it's not worth mentioning.