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Topic: chinese bookmakers with tf gaming platform NO KYC - page 14. (Read 3204 times)

hero member
Activity: 1428
Merit: 836
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Well, I have an opinion that I don't care if it's Chinese, or if it's from any other country, I can't deny that a casino that doesn't have KYC requirements catches my attention, but it's something very risky, usually they are casinos that don't they have certain licenses and their authenticity is really debatable and debatable due to the order of things. If we start to see, currently the most famous and most reliable casinos require KYC and this is undoubtedly a guarantee of being able to protect the security of our data and in turn our money because it falls within the framework of legality, and any claim or closure, because they respond for our money.
You are here in crypto space so don't blindly believe that having KYC'ed is equivalent to security of your balance and your personal data.
How can you explain those hacked casino, exchanges, or etc that require KYC? Did they protect you especially your privacy? No. They just tell you not to worry, and just apologize and they will work hard so it won't happen again, that's their line. Then later on you will receive lots os spam messages.
A hacked/leaked personal information is more harmful than getting robbed.

Even having KYC'ed doesn't mean make that you can withdraw your funds so easily. Look at those complaints in scam accusations, casino, exchanges that ask KYC then lately blocked the account.

Again, KYC can't guarantee you that they will protect you or help you when a hacked happens, or mostly when you are blocked in a casino.
KYC is just legality only, don't misunderstand KYC for anything.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
^ This reason has made sense to me and it is definitely right.
If a gambling casino platform is pure Chinese language use it will probably be that they are focused on their local not on the international
More like, focusing in chinese people who resides outside china and the business is based outside china too. Coz if the platform is accepting crypto then they are subject to be seized by their government knowing china hate crypto. So focusing only to their locals and operating in the country doesn't make any sense.
Also, probably the team behind only knows chinese language making more sense.

Well, I have an opinion that I don't care if it's Chinese, or if it's from any other country, I can't deny that a casino that doesn't have KYC requirements catches my attention, but it's something very risky, usually they are casinos that don't they have certain licenses and their authenticity is really debatable and debatable due to the order of things. If we start to see, currently the most famous and most reliable casinos require KYC and this is undoubtedly a guarantee of being able to protect the security of our data and in turn our money because it falls within the framework of legality, and any claim or closure, because they respond for our money.
legendary
Activity: 2520
Merit: 1490
maybe someone knows such bookmakers as https://www.zhb77.com/ or btc365.com (5 month ago) who have tf gaming or other chinese platform without KYC

would be very grateful if you could share these

Even if you use a bookmaker's office without the KYC requirement, this will not give you a guarantee of refusal, for example, payments in case of a win, referring to the use of a VPN, besides China strictly punishes for participating in online gambling
legendary
Activity: 2646
Merit: 1176
maybe someone knows such bookmakers as https://www.zhb77.com/ or btc365.com (5 month ago) who have tf gaming or other chinese platform without KYC

would be very grateful if you could share these

Honestly these days having KYC is a positive sign that a casino will be around when you wake up the next day. Any casino that is not using KYC can be taking all sorts of shortcuts and residing in jurisdictions that you probably want to avoid. That is even more true for casinos/sportbooks serving the Chinese market - either serving people while being based on China or serving Chinese citizens. If the are serving a website from China then it is simply a waiting game before they get shutdown and all your funds will disappear. If you are a Chinese citizen it's better to avoid gambling because any site you go to could take your money and you would have no legal methods of complaint without the authorities in your own country realizing that you were breaking the law.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Yes, it will be always an advantage for having multiple language for a platform like casino/gambling.
But if the platform only have particular target market, then having such feature (multiple language) doesn't make any sense so better to stick what they have considered.
Of course, it will be an advantage for casinos with multiple language features so that players from different countries can understand the features of the casino. As long as the platform releases its business on the internet, the business will develop better because it can get customers from different countries and its target market will also become bigger. And that means they need to be able to manage their site when they get a surge of customers playing on their site.
hero member
Activity: 2590
Merit: 650
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I see at BTC365.com that they are licensed from Montenegro. That immediately reminds me of the Cloudbet platform, but I don't think this is a Cloudbet project. I also don't know if this site is reliable. They don't have an ANN on Bitcointalk and I can't find a lot of info about them either. Founded in 2020 so it seems, so still fairly new on the market. That doesn't always mean much. You will have to look and judge based on reviews from other players whether or not you are going to play here. I wouldn't put any money into it right now.

I definitely agree with your statement.

Not to be biased against Chinese gambling websites but in order to secure your money, better bet and use your funds in a more reliable online gambling platform with a designated ANN thread in this forum. With that in mind, communication between you and their service is relatively easier and closer. While their website may not offer any KYC documents, you are still putting yourself at risk in the event that a conflict arises.

Like what I always say, prevention is always better than cure; put your money in a more secured and reliable website instead!
I still don't have good idea on most Chinese gambling sites and how they works because it look unclear to me on how the government regulate it with there targeted audience. I can take risk of playing on most of them because they be more reputable but the licensing and auditing is mostly done by known Chinese registered companies which I may not know.mhch about.
 Since they are not well known about taking risks on betting on casinos that are not on this forum can be a lite bit challenging.
I don't use a Chinese gambling site is a good idea because we both know how the Chinese government can come up with something that will confiscate the fund of users or make them go through hell.
About Btc365, It was listed among US gambling sites according to my research but I have never checked the details about their license and I am not sure if they had anything to do with the mentioned gambling site.
legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
I see at BTC365.com that they are licensed from Montenegro. That immediately reminds me of the Cloudbet platform, but I don't think this is a Cloudbet project. I also don't know if this site is reliable. They don't have an ANN on Bitcointalk and I can't find a lot of info about them either.
I could remember that vividly that BTC365 once launched a signature campaign on this forum which lasted for 4 weeks or so, this I believe was Middle or of late last year 2021.
And for a bookmaker that once had a signature campaign running on this forum, not having an Ann here is quite surprising.

And commenting on OP's enquiry, I would like to ask if Chinese bookmakers are to be trusted?, considering the Chinese government stance on crypto currencies,  except the bookmaker should not necessarily be crypto accepting ones.
hero member
Activity: 2590
Merit: 644
Well, Chinese platforms often do not advertise themselves in other places apart from their target audience (Chinese). It makes much more sense since they only need to focus their attention on on market and be able to customize their service on one specific demographic.
~snip~
-snip-
However, regarding the KYC which is a case-to-case basis which is we need to investigate why there is no KYC.

It might be that they're operating under the radar, and that their operations are illegal, or that they employ no KYC until a certain extent, e.g. you won something big or there is a suspicious activity on your account. Whatever the reason is, I think it should be the least of our worries. Why would I even think of their reason why they do not have any KYC if I'm not the target market anyway? If I made the decision to play on their website, while knowing that they have no KYC and non-compliant on a lot of regulations, that's on me.

^ I got you and you are right there.
I never think that it is possible they will become a shady platform because they are operating in an illegal way. So if you blindly accept them and gamble, it seems your money is a risk that will probably anytime they will run. I never use a gambling platform where the main language is there local, it seems awkward for me to use not unless the gambling company uses multiple languages.
However, we have here different bookmakers that were already trusted and highly reputable gambling casinos, why we would use a bookmaker like this which does obviously not seem to be trusted?
legendary
Activity: 2604
Merit: 2353
maybe someone knows such bookmakers as https://www.zhb77.com/ or btc365.com (5 month ago) who have tf gaming or other chinese platform without KYC

would be very grateful if you could share these
I read your post about btc365.com in their ANN thread but if you have an issue with a casino it's better to open a thread exposing your case in the Scam Accusations board https://bitcointalk.org/index.php?board=83.0 along with a thread in the gambling section providing a link toward your case there, if you need help or comments from other gamblers.
BTW you didn't explain what you are calling "tf gaming". What is this please?
sr. member
Activity: 1750
Merit: 260
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I am familiar with btc365.com as I've seen them here in forum. I'm just not sure of the status of their reputation.
By the way, are you a Chinese citizen? Is it legal for you to play on these kind of casino that you are looking for?

About btc365, how were you able to tell that they are scamming their players?
legendary
Activity: 2030
Merit: 1643
Verified Bitcoin Hodler
maybe someone knows such bookmakers as https://www.zhb77.com/ or btc365.com (5 month ago) who have tf gaming or other chinese platform without KYC

would be very grateful if you could share these

You would have to be a very brave man/woman to trust a Chinese online gambling platform. I personally would never trust any platform coming out or registered in a country known for scams and lax scam regulators.

KYC is not something I like, personally but it does show that the online gambling casino is taking regulation laws seriously.

Another poster already mentioned that btc365 is "banning 90%" of their users and that's just another huge red flag.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Well, Chinese platforms often do not advertise themselves in other places apart from their target audience (Chinese). It makes much more sense since they only need to focus their attention on on market and be able to customize their service on one specific demographic.
~snip~
-snip-
However, regarding the KYC which is a case-to-case basis which is we need to investigate why there is no KYC.

It might be that they're operating under the radar, and that their operations are illegal, or that they employ no KYC until a certain extent, e.g. you won something big or there is a suspicious activity on your account. Whatever the reason is, I think it should be the least of our worries. Why would I even think of their reason why they do not have any KYC if I'm not the target market anyway? If I made the decision to play on their website, while knowing that they have no KYC and non-compliant on a lot of regulations, that's on me.
hero member
Activity: 868
Merit: 1094
More like, focusing in chinese people who resides outside china and the business is based outside china too. Coz if the platform is accepting crypto then they are subject to be seized by their government knowing china hate crypto. So focusing only to their locals and operating in the country doesn't make any sense.
Also, probably the team behind only knows chinese language making more sense.
That is true, China do not accept cryptocurrencies, it is illegal in China. But not only cryptocurrencies are not accepted in China, also gambling is also not accepted andbit is banned. It may be possible that gambling has been allowed in China in the past, I do not know, but gambling is no more acceptable in China and is banned. So what you are saying is right, the gambling site would only be targeting only the Chinese that are not residing in China, but it is very possible that some Chinese that are living in China to illegally use such gambling site.
hero member
Activity: 1428
Merit: 836
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But it would be better to use multiple languages ​​for their site so people who don't understand Chinese can see the gambling games. It can also attract people who want a new experience with Chinese-style gambling games. In addition, they can have the opportunity to have members from outside China and develop their site even more. Or maybe the casino team just wants to use Chinese and doesn't want to get into trouble if they use multiple languages.
Yes, it will be always an advantage for having multiple language for a platform like casino/gambling.
But if the platform only have particular target market, then having such feature (multiple language) doesn't make any sense so better to stick what they have considered.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
^ This reason has made sense to me and it is definitely right.
If a gambling casino platform is pure Chinese language use it will probably be that they are focused on their local not on the international
More like, focusing in chinese people who resides outside china and the business is based outside china too. Coz if the platform is accepting crypto then they are subject to be seized by their government knowing china hate crypto. So focusing only to their locals and operating in the country doesn't make any sense.
Also, probably the team behind only knows chinese language making more sense.
But it would be better to use multiple languages ​​for their site so people who don't understand Chinese can see the gambling games. It can also attract people who want a new experience with Chinese-style gambling games. In addition, they can have the opportunity to have members from outside China and develop their site even more. Or maybe the casino team just wants to use Chinese and doesn't want to get into trouble if they use multiple languages.
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
Casinos that allow you to gamble and place bets without KYC are the ones that has no license. Hence, it is very risky to gamble in those casinos. They can scam you and you can literally do nothing. They aren't registered or anything. They can run away with your money and you won't be able to take any actions against them (who and where are you going to complain against them?). Casinos that interact with fiat currency but with no KYC are more riskier than those crypto currency based casino. You can literally fall in legal troubles like money laundering cases. So would be better if you don't play in those casinos.
hero member
Activity: 1428
Merit: 836
Top Crypto Casino
^ This reason has made sense to me and it is definitely right.
If a gambling casino platform is pure Chinese language use it will probably be that they are focused on their local not on the international
More like, focusing in chinese people who resides outside china and the business is based outside china too. Coz if the platform is accepting crypto then they are subject to be seized by their government knowing china hate crypto. So focusing only to their locals and operating in the country doesn't make any sense.
Also, probably the team behind only knows chinese language making more sense.
hero member
Activity: 2590
Merit: 644
Well, Chinese platforms often do not advertise themselves in other places apart from their target audience (Chinese). It makes much more sense since they only need to focus their attention on on market and be able to customize their service on one specific demographic.
~snip~
^ This reason has made sense to me and it is definitely right.
If a gambling casino platform is pure Chinese language use it will probably be that they are focused on their local not on the international but if they will use an international language which is English. It is sure that they not only focus on their local at the same time in other countries too.
However, regarding the KYC which is a case-to-case basis which is we need to investigate why there is no KYC.
hero member
Activity: 980
Merit: 519
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I see at BTC365.com that they are licensed from Montenegro. That immediately reminds me of the Cloudbet platform, but I don't think this is a Cloudbet project. I also don't know if this site is reliable. They don't have an ANN on Bitcointalk and I can't find a lot of info about them either. Founded in 2020 so it seems, so still fairly new on the market. That doesn't always mean much. You will have to look and judge based on reviews from other players whether or not you are going to play here. I wouldn't put any money into it right now.

I definitely agree with your statement.

Not to be biased against Chinese gambling websites but in order to secure your money, better bet and use your funds in a more reliable online gambling platform with a designated ANN thread in this forum. With that in mind, communication between you and their service is relatively easier and closer. While their website may not offer any KYC documents, you are still putting yourself at risk in the event that a conflict arises.

Like what I always say, prevention is always better than cure; put your money in a more secured and reliable website instead!
I still don't have good idea on most Chinese gambling sites and how they works because it look unclear to me on how the government regulate it with there targeted audience. I can take risk of playing on most of them because they be more reputable but the licensing and auditing is mostly done by known Chinese registered companies which I may not know.mhch about.
 Since they are not well known about taking risks on betting on casinos that are not on this forum can be a lite bit challenging.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
I see at BTC365.com that they are licensed from Montenegro. That immediately reminds me of the Cloudbet platform, but I don't think this is a Cloudbet project. I also don't know if this site is reliable. They don't have an ANN on Bitcointalk and I can't find a lot of info about them either. Founded in 2020 so it seems, so still fairly new on the market. That doesn't always mean much. You will have to look and judge based on reviews from other players whether or not you are going to play here. I wouldn't put any money into it right now.

I definitely agree with your statement.

Not to be biased against Chinese gambling websites but in order to secure your money, better bet and use your funds in a more reliable online gambling platform with a designated ANN thread in this forum. With that in mind, communication between you and their service is relatively easier and closer. While their website may not offer any KYC documents, you are still putting yourself at risk in the event that a conflict arises.

Like what I always say, prevention is always better than cure; put your money in a more secured and reliable website instead!


Well, Chinese platforms often do not advertise themselves in other places apart from their target audience (Chinese). It makes much more sense since they only need to focus their attention on on market and be able to customize their service on one specific demographic. These Chinese platforms are not generally recommended for people who does not speak the language, or people that does not live in China. They may be a reliable website for the Chinese players but what do we know anyway if we aren't using it and we're not the target demographic?
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