So, a pops up for KYC after register before player deposit & play will be always solution. Even we all know these scheme will making a new member stay away from there, but mad respect for casino are doing these in the front.
Agreed. I believe Chips does the same although some users complained that the pop-up didn't show up a few pages ago if I remember correctly. Hopefully, there will be more notice so that even if the user disables JavaScript or other necessary stuff to show the pop-up they'll still get notified anyway. Too many services don't do this kind of gesture nowadays. 
Topic: Chips.gg |🎰 1000+ Slots |🎤 Live Casino |🎲 1% House Edge Dice |🏦 The Vault - page 5. (Read 24304 times)
October 17, 2024, 09:15:22 PM
October 17, 2024, 05:13:19 PM
KYC is a mandatory thing for businesses related to finance. But when it comes to crypto business, people have some arguments. Crypto users are supposed to stay anonymous. Crypto is your own bank and helps you stay anonymous with your money; nobody knows how much money you have. But you are no longer anonymous when you do your KYC on several platforms where you keep your Bitcoin or altcoin.
Kyc is not really a bad thing when it comes to gambling even if is not everyone that actually likes it, only when it comes to cryptocurrency that I know it most hated their people that prefer using decentralized exchanges than the once that are centralized just because of the Kyc. Every crypto user will want to protect their currency by all means. The fact that no bother should know anything about your crypto account and many more is what makes it very interesting. If it's gambling I don't think I have issues with Kyc since it's a game and what everyone will actually enjoy and expect something in return.
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This is the reason crypto users prefer KYC-free casinos. But then people are taking more risks playing on unregulated casinos where they have a chance to get scammed. The argument could be, that the license provider never helps the players to get their funds back. I agree with that.
Everyone as a reason for what they like and what they don't like and Kyc is a policy that most of this companies take seriously it's like an act that they won't have a choice but to follow in case. And if they decide that they want to play in an unregulated casinos they should go ahead and they will have to dance to the music of their own action.
Although cryptocurrencies were founded on sovereignty and decentralization, casinos are required to comply with license requirements. All casinos displaying a seal from any of the regulators are required to follow KYC and AML procedures and reporting requirements. The content providers we all enjoy will not allow activation of games or worse they may remove content from the casino altogether if the company fails to comply. These policies exist to combat fraud, crime, underage gambling, responsible gaming, and/or gameplay from restricted regions. KYC is a necessary part of doing business in regulated markets and brings strong legitimacy to online casinos overall. As an example, if a player is allowed to play from a restricted region or the platform has been used to facilitate crime, the casino may be held responsible for this and be required to endure expensive legal litigation to find resolution.
October 17, 2024, 04:36:06 PM
KYC is a mandatory thing for businesses related to finance. But when it comes to crypto business, people have some arguments. Crypto users are supposed to stay anonymous. Crypto is your own bank and helps you stay anonymous with your money; nobody knows how much money you have. But you are no longer anonymous when you do your KYC on several platforms where you keep your Bitcoin or altcoin.
Kyc is not really a bad thing when it comes to gambling even if is not everyone that actually likes it, only when it comes to cryptocurrency that I know it most hated their people that prefer using decentralized exchanges than the once that are centralized just because of the Kyc. Every crypto user will want to protect their currency by all means. The fact that no bother should know anything about your crypto account and many more is what makes it very interesting. If it's gambling I don't think I have issues with Kyc since it's a game and what everyone will actually enjoy and expect something in return.
Quote
This is the reason crypto users prefer KYC-free casinos. But then people are taking more risks playing on unregulated casinos where they have a chance to get scammed. The argument could be, that the license provider never helps the players to get their funds back. I agree with that.
Everyone as a reason for what they like and what they don't like and Kyc is a policy that most of this companies take seriously it's like an act that they won't have a choice but to follow in case. And if they decide that they want to play in an unregulated casinos they should go ahead and they will have to dance to the music of their own action.
October 17, 2024, 01:39:25 PM
I'd love to see a detailed research on this. I know the value of such research is probably small but it will be interesting to read. We can run a poll on this forum if we have the time, although the result is probably biased anyway.
You can right now ~XDTBH, I think everyone are mostly not having a problem for KYC with condition (Casino ask these in the front). So, they taken serious for KYC and asking in the front to avoided people who doesn't like (KYC) are playing or deposit. I more respect, If casino do these since mostly people are not gonna to read the term & condition cause TLTR (to long to read).
So, a pops up for KYC after register before player deposit & play will be always solution. Even we all know these scheme will making a new member stay away from there, but mad respect for casino are doing these in the front.
October 17, 2024, 10:20:18 AM
Why KYC is extremely dangerous – and useless but many times people want to use a service, they have to do KYC. Business platforms will not ask KYC on customers if they don't have to do it by pressure from governments
KYC is a mandatory thing for businesses related to finance. But when it comes to crypto business, people have some arguments. Crypto users are supposed to stay anonymous. Crypto is your own bank and helps you stay anonymous with your money; nobody knows how much money you have. But you are no longer anonymous when you do your KYC on several platforms where you keep your Bitcoin or altcoin. This is the reason crypto users prefer KYC-free casinos. But then people are taking more risks playing on unregulated casinos where they have a chance to get scammed. The argument could be, that the license provider never helps the players to get their funds back. I agree with that.
At Chips.gg, we understand the concerns regarding KYC and anonymity in the crypto space. While KYC is necessary to comply with regulatory requirements and maintain a secure environment, we also recognize the preference of many crypto users for anonymity. Our goal is to strike a balance between meeting legal obligations and protecting user privacy.
October 17, 2024, 12:46:54 AM
Why KYC is extremely dangerous – and useless but many times people want to use a service, they have to do KYC. Business platforms will not ask KYC on customers if they don't have to do it by pressure from governments
KYC is a mandatory thing for businesses related to finance. But when it comes to crypto business, people have some arguments. Crypto users are supposed to stay anonymous. Crypto is your own bank and helps you stay anonymous with your money; nobody knows how much money you have. But you are no longer anonymous when you do your KYC on several platforms where you keep your Bitcoin or altcoin. This is the reason crypto users prefer KYC-free casinos. But then people are taking more risks playing on unregulated casinos where they have a chance to get scammed. The argument could be, that the license provider never helps the players to get their funds back. I agree with that.
October 16, 2024, 09:51:54 PM
I believe there is nothing without risk in this world. It's always a trade-off between what you can accept to lose and what you want to gain. Free lunch is nonexistent.
There is no free lunch and there is nothing with zero risk in the world including cryptocurrency market for investment or trading.Bitcoin has smallest risk compares to all altcoins but it has risk too, it's wrong to say there is zero risk with Bitcoin. With anything, when black swan event occurs, things will collapse quickly and very terribly. So either investment or trading with Bitcoin, make sure to have plan B and have your stop loss order set up for your trading position and have plan B for your investment, exit as well.
Bitcoin investment theses.
Bitcoin & Intrinsic value.
Why KYC is extremely dangerous – and useless but many times people want to use a service, they have to do KYC. Business platforms will not ask KYC on customers if they don't have to do it by pressure from governments.
October 16, 2024, 08:36:53 PM
These types of casinos are the final destination for people who care about their privacy. But still, there are some risks. If they ever hit a big multiplier and then want to withdraw their big wins, they will have to complete the KYC or leave their winnings.
I believe there is nothing without risk in this world. It's always a trade-off between what you can accept to lose and what you want to gain. Free lunch is nonexistent.We all know, everyone who are playing casino in online with cryptocurrency want the privacy without any (KYC). We doing the KYC just because is being asked or mostly people who are chasing rewards (example, like stake did forcing user KYC and giving user 50 or 250$ depends on the rank).
I'd love to see a detailed research on this. I know the value of such research is probably small but it will be interesting to read. We can run a poll on this forum if we have the time, although the result is probably biased anyway.When you mention identity theft, I don't know how that come into play in this case or you are suggesting that people could perform KYC with the documents of others?
I believe he mainly refers to fraud when talking about why KYC is important. I can see this if we view this from the POV of the casino. But yeah, there are a lot of cases where documents get faked and a business approves a fake identity verification. October 16, 2024, 12:12:50 PM
kYC was a big problem at one time; I believe that there were more gamblers before against it than now. More gamblers now understand why KYC is important.
Is there a survey or research about this? I'm not sure about the exact numbers, but even if the majority of people don't mind KYC I believe it's a good choice to attract a niche demographic especially when the cost to do so isn't that big. It's just always based of his opinion, with the signature. We all know, everyone who are playing casino in online with cryptocurrency want the privacy without any (KYC). We doing the KYC just because is being asked or mostly people who are chasing rewards (example, like stake did forcing user KYC and giving user 50 or 250$ depends on the rank).
Even he making a pools in here, comparison playing casino on KYC or without KYC. The pools without KYC are gonna to mostly win, we doing KYC just because we don't have a choice.
October 16, 2024, 06:18:27 AM
Strengthening our verification process is key to preventing fraud while respecting the privacy concerns of our community. We remain committed to enhancing the user experience and ensuring trust.
Due to the increased cases of fraud and identity theft, many gamblers understand why there is a KYC requirement in most casinos and why some casinos, serious about their business, are strengthening their KYC verification process. TBH, I will even be reluctant to gamble and refer any other gambler to gamble in a casino that I find not demanding any form of KYC verification. It is like a red flag. With the commitment that Chips.gg have towards strengthening their KYC process, it will be hard for it to be considered for fraud by criminals. and that is good for gamblers.
October 16, 2024, 01:40:14 AM
This is a big mistake and risk anytime.
There is a risk level associated with any money withdrawn from a casino because it can be coming from a source that has been flagged. Any casino not requiring any form of KYC will be a tool for criminals to launder money, which means that it will not be impossible for you to receive money from a casino that is from a flagged source.
There is a risk level associated with any money withdrawn from a casino because it can be coming from a source that has been flagged. Any casino not requiring any form of KYC will be a tool for criminals to launder money, which means that it will not be impossible for you to receive money from a casino that is from a flagged source.
I know there is a risk of playing in unnamed unregulated casinos. But people who care about their privacy do not really like casinos with KYC requirements. As you may know, some regulated platforms allow players to play without doing the KYC till some point. For example, if your transaction limit does not reach a thousand dollars, you are ok to play with basic KYC which does not require you to reveal your identity. These types of casinos are the final destination for people who care about their privacy. But still, there are some risks. If they ever hit a big multiplier and then want to withdraw their big wins, they will have to complete the KYC or leave their winnings.
October 16, 2024, 12:12:57 AM
kYC was a big problem at one time; I believe that there were more gamblers before against it than now. More gamblers now understand why KYC is important.
Is there a survey or research about this? I'm not sure about the exact numbers, but even if the majority of people don't mind KYC I believe it's a good choice to attract a niche demographic especially when the cost to do so isn't that big. I find it hard to believe that the capital to set up a KYC system that requires ID verification etc is cheaper than the alternatives I mentioned before. I think this is the attitude that Chips.gg has judging from their response so far, so all is good for me. October 15, 2024, 01:20:11 PM
I always receive a reminder email from CHIPS, regarding "Weekly Stream".
Anyone in here ever watch them ? did the stream are sharing some code too or not. Like we usually watch in (Stake.com), perhaps someone who having experience watching Weekly Stream from CHIPS GG can making some description for what they did.
I only reading the part, they are sharing the prize to the viewer from Email description. But want to know from steam experience, especially by the user who are watching them during the stream.
Anyone in here ever watch them ? did the stream are sharing some code too or not. Like we usually watch in (Stake.com), perhaps someone who having experience watching Weekly Stream from CHIPS GG can making some description for what they did.
I only reading the part, they are sharing the prize to the viewer from Email description. But want to know from steam experience, especially by the user who are watching them during the stream.
October 15, 2024, 09:00:10 AM
~
You should understand the fact that not every gamblers like platforms with KYC requirements. This is one of the reason they play on unnamed casinos.
This is a big mistake and risk anytime.There is a risk level associated with any money withdrawn from a casino because it can be coming from a source that has been flagged. Any casino not requiring any form of KYC will be a tool for criminals to launder money, which means that it will not be impossible for you to receive money from a casino that is from a flagged source.
October 15, 2024, 08:42:55 AM
You should understand the fact that not every gamblers like platforms with KYC requirements. This is one of the reason they play on unnamed casinos. Let's say I do not like platforms that ask for KYC. Now, since I do not like KYC, I cannot play everywhere. Because most of the casinos requires you a KYC. This is the reason I choose some unknown casinos that does not even ask for a KYC and let everyone play and win. If I could do the KYC, I could be able to play on most reputed casino available online. So, as long as you are playing in a reputed casino, you are unlikely to be scammed. Some casinos with KYC requirement scams people as well. But, why would I play on less reputed casino if I can play on most reputed casino by doing a KYC? You will always find some people who always like to stay anonymous and do not want to KYC themself in a casino. Even if they suggest you to play on anonymous casino, I don't think it's a red flag.
They might want to keep their privacy and they won't be happy when they are exposing their data to the platform but if you should look at it kyc is good and it is not good it is good in terms that if anyone should break any of the law or even engage in the scam the person will be easily tracked that is one of the usefulness of the KYC but when it comes to gambling sites I don't think is even that necessary because it will still be very easy for them to fish any defaulter out. and this kyc of thing is one of the things that have stopped a lot of customers not to actually from visiting their site.
The thing is that whether with or without kyc there are people that will still make use of whatever platform they want to use because they don't care about their data, and playing with a casino that is reputable and already popular gives you more rest of mind to actually, and if it is about anonymity I think I also love it.
October 15, 2024, 08:15:09 AM
Due to the increased cases of fraud and identity theft, many gamblers understand why there is a KYC requirement in most casinos and why some casinos, serious about their business, are strengthening their KYC verification process. TBH, I will even be reluctant to gamble and refer any other gambler to gamble in a casino that I find not demanding any form of KYC verification. It is like a red flag.
Yes, this is the perception in this gambling market, that is if a casino is not asking for a KYC, then it is not trusted or may scam even if it is doing good business now. Even though we all want KYC free casinos, but we are not ready to accept the fact that any casino operates without KYC implementation.
As of now, there is no good casino that operates without KYC. Yes, you can make an account on a few casinos without KYC but eventually, they will ask for KYC at withdrawal, if not during the registration process.
You gotto gamble, you need to do KYC, simple is that.
Phase has change since before anonymity is important and gambler is avoiding KYC casino since many think that they are not safe there.
But sudden changes happen due to many scamming also hacking incidents, then also the regulation happen and people understand that somehow being compliant is important since it lower down the risk of scams since there are govern bodies regulates those casino that's why many understand that somehow KYC is important for their security.
KYC to reputable casino became a normal requirements, but somehow there are few of them still operating without this requirement but that doesn't mean they won't submit it since there are factors that those Non compliant will ask KYC especially if there's verification happen due to huge winnings or suspicious activities.
October 15, 2024, 02:27:05 AM
Due to the increased cases of fraud and identity theft, many gamblers understand why there is a KYC requirement in most casinos and why some casinos, serious about their business, are strengthening their KYC verification process. TBH, I will even be reluctant to gamble and refer any other gambler to gamble in a casino that I find not demanding any form of KYC verification. It is like a red flag.
Yes, this is the perception in this gambling market, that is if a casino is not asking for a KYC, then it is not trusted or may scam even if it is doing good business now. Even though we all want KYC free casinos, but we are not ready to accept the fact that any casino operates without KYC implementation.
As of now, there is no good casino that operates without KYC. Yes, you can make an account on a few casinos without KYC but eventually, they will ask for KYC at withdrawal, if not during the registration process.
You gotto gamble, you need to do KYC, simple is that.
October 15, 2024, 01:07:56 AM
Due to the increased cases of fraud and identity theft, many gamblers understand why there is a KYC requirement in most casinos and why some casinos, serious about their business, are strengthening their KYC verification process. TBH, I will even be reluctant to gamble and refer any other gambler to gamble in a casino that I find not demanding any form of KYC verification. It is like a red flag.
You should understand the fact that not every gamblers like platforms with KYC requirements. This is one of the reason they play on unnamed casinos. Let's say I do not like platforms that ask for KYC. Now, since I do not like KYC, I cannot play everywhere. Because most of the casinos requires you a KYC. This is the reason I choose some unknown casinos that does not even ask for a KYC and let everyone play and win. If I could do the KYC, I could be able to play on most reputed casino available online. So, as long as you are playing in a reputed casino, you are unlikely to be scammed. Some casinos with KYC requirement scams people as well. But, why would I play on less reputed casino if I can play on most reputed casino by doing a KYC? You will always find some people who always like to stay anonymous and do not want to KYC themself in a casino. Even if they suggest you to play on anonymous casino, I don't think it's a red flag.
October 15, 2024, 12:06:13 AM
Strengthening our verification process is key to preventing fraud while respecting the privacy concerns of our community. We remain committed to enhancing the user experience and ensuring trust.
Due to the increased cases of fraud and identity theft, many gamblers understand why there is a KYC requirement in most casinos and why some casinos, serious about their business, are strengthening their KYC verification process. TBH, I will even be reluctant to gamble and refer any other gambler to gamble in a casino that I find not demanding any form of KYC verification. It is like a red flag. But a whole lot of gamblers out there would have a different opinion about this said issue as I have read in this same community many times that games prefer a non KYC verification casino just for the purpose that they fear that the personal information would be confiscated by either the casino or sometimes even have the taught that if the casino turns out to be fraudulent their details might be sold to the government.
But that mentality I assume have changed to a very large margin as every gambler is now after a service that would protect and safeguard their account from these said fraudulent attack like identify theft and so many more.
October 14, 2024, 10:02:53 PM
Unfortunately, these warnings does not work these days especially when new people coming into crypto world everyday. The number of scam is increasing everyday. Even veteran members are getting tricked by the scammers.
Warnings are available to help them, both veteran and newbie members. Hardest things done by volunteers and people only need to read, learn and understand these warnings for their own benefits.If they ignore warnings that are vital for their fund security and safety, they're 100% responsible for it, and no one else can help them. If they want to suicide with their own money, they can not blame their bad action on anyone else.
This is a good breakthrough for gambling sites. I just heard about this idea, because so far all gamblers in the community are very confused about this problem (KYC).
It is good initiative but it is not main method for KYC on most of platforms. It is an extra method for users to provide proof of ownership and identity, if they fail with other basic methods.Many people who are in this market for years, but they don't know about non custodial wallets and don't know how to sign a Bitcoin or cryptocurrency message through private key, but if they want to be self custodian, they can learn and from it they will be able to sign a message through a private key.
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