Chips.gg |🎰 1000+ Slots |🎤 Live Casino |🎲 1% House Edge Dice |🏦 The Vault - page 8.

RockBell

sr. member

Activity: 966

Merit: 391

Underestimate- nothing

Quote from: ryzaadit on October 20, 2024, 12:05:00 PM

IMO, nothing is against term & conditions while the money is not involved on any crime.

I can said my money is clean, but just for some case want to laundry the money. Casino have policy, user needed 1x bets before we are allowed to withdraw (for not considering money laundry). Should be my the withdraw are not gonna to marked with these kind of stuff (If we finished the waggering). BTW online casino not gonna to wasting their time for search the resource money

BTW casino is the most heaven place for laundry the money, worried about government ? we all know as long they get a piece (like tax, etc). They not gonna to touch you ~XD.

And their is not companies that don't have terms and conditions this is to protect the company because of crime just exactly the way you explained it, your money might be clean but what of others because you can only speak for your self, people with criminal mindset you will think of how this people minds work, so they have to block every single opportunity they have. And they can not get a clear information for the source of income because it going to know where the person got is money the truth is going to be very had to get.

Because if anyone is caught the government will point fingers at the casino if their should be any case of money laundering so they have to be careful with the kind of customer they bring to the table.

ryzaadit

legendary

Activity: 2688

Merit: 1262

Quote from: tranthidung on October 19, 2024, 08:57:36 PM

-snip-

IMO, nothing is against term & conditions while the money is not involved on any crime.

I can said my money is clean, but just for some case want to laundry the money. Casino have policy, user needed 1x bets before we are allowed to withdraw (for not considering money laundry). Should be my the withdraw are not gonna to marked with these kind of stuff (If we finished the waggering). BTW online casino not gonna to wasting their time for search the resource money

BTW casino is the most heaven place for laundry the money, worried about government ? we all know as long they get a piece (like tax, etc). They not gonna to touch you ~XD.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

Quote from: DaNNy001 on October 19, 2024, 03:33:19 PM

Although I have just a question about the swap features on chipps casino cause I tried using it once or twice but it seems level 14 users are the ones permitted to enjoy this feature or is it something am not doing well.?

Perhaps this requirement is here to prevent money laundering. Like you can not make deposits, bet one or several times, make a swap and withdraw your money with another cryptocurrency. Practice like this is like money laundering and is kind of abuse of Chips.gg's swap feature. It can bring troubles legally to the Chip.gg platform with governments because they fail to comply with AML.

Deposit > Withdraw: violate AML.
Deposit > Bet very few times > Withdraw: probably violate AML.
Now it is like Deposit > Bet a few times > Swap > Withdraw: I believe it is not allowed because of AML too.

DaNNy001

hero member

Activity: 644

Merit: 520

Leading Crypto Sports Betting & Casino Platform

Quote from: Shishir99 on October 19, 2024, 01:40:54 AM

Quote from: chipsgg on October 18, 2024, 10:16:07 PM

We host multiple events weekly on Discord, with our main attractions being “Beat the Boss” and blackjack streams. Both events feature giveaways and prizes for viewers. In “Beat the Boss,” the host plays games suggested by viewers, aiming for the highest multiplier. The game that ends with the highest multiplier becomes the target event on our site, where participants must try to beat that multiplier.

Our latest being Stack'em with 220x: https://chips.gg/promotions/promotion:I87T8W5PHP5UFK98R0KQ3W

Interesting. Thanks for the information.
This must be a good thing for the community who regularly watch the streams and actively participate in discord server. I am not a discord guy and don't spend time on discord servers. But I will check the events from now on. I have joined the signature campaign for a couple of weeks now. But I haven't logged in to my chips account yet. It seems I forgot which email I have used. I will have to talk to support if they can assist me with the account recovery or if it is okay to create a new account.

Yeah this update is certainly a nice one, unlike you mate I think am quite active on discord and will definitely check out this promotion. Chipps.gg is definitely up and active in terms of following up with the massive competition of casino here in the community and also doing a good job at that as I have seen so much promotions and offers which is good for also stamping a strong marketing sense in the industry.

Although I have just a question about the swap features on chipps casino cause I tried using it once or twice but it seems level 14 users are the ones permitted to enjoy this feature or is it something am not doing well.?

Synchronice

hero member

Activity: 882

Merit: 792

Watch Bitcoin Documentary - https://t.ly/v0Nim

Quote from: iv4n on October 18, 2024, 07:26:55 AM

Quote from: Rruchi man on October 15, 2024, 09:00:10 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.

I still don't think KYC is important, I don't like the idea of sharing my private information with just about every casino licensed on some island.

No, KYC is very important in ideal world but the sad reality is that it's not regulated. When I submit my KYC documents, I have no idea who is seeing them, who stands behind the company and I have no guarantee that my KYC documents will safely be stored.

Quote from: iv4n on October 18, 2024, 07:26:55 AM

Quote from: Rruchi man on October 15, 2024, 09:00:10 AM

Any casino not requiring any form of KYC will be a tool for criminals to launder money...

This is political propaganda... does anyone really think that it is a problem for a gangster to find some documents and pass KYC? You go through some poor neighborhood and for 20-30 dollars you will find a bunch of them who will do it for you. And with wagering requirements for any deposit, why would anyone bother and risk laundering some money?

This is actually right. By the way, I haven't heard about the fact when authorities asked casino or an exchange about particular user and arrested them thanks to KYC submission. Has such an accident ever happened?

Has anyone tried this on Chips.gg challenges? Here is the link: https://chips.gg/challenges
Can anyone create a challenge? Does challenge maker earn money? How does it work? Looks very interesting and unique.

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: chipsgg on October 18, 2024, 10:16:07 PM

Our latest being Stack'em with 220x: https://chips.gg/promotions/promotion:I87T8W5PHP5UFK98R0KQ3W

When I read the 220x to beat "the chance is great to beat it" but when I opened the current leaderboard "damn it is already that big to beat" LOL.
The current leader has more than 2000x and someone need to hit at least 888x to be on the 3rd position for the last reward.
I tried this long time ago several times but I had no luck while I was trying to beat the boss (and other bosses) Grin

RockBell

sr. member

Activity: 966

Merit: 391

Underestimate- nothing

Quote from: joniboini on October 18, 2024, 09:29:44 PM

I think that stance is quite common, the government likes to throw that statement as far as I'm aware. Can't really blame casinos if they want to implement KYC because of that. I feel like I have had the same discussion in the past about this, feels like deja vu.

Anyway, has anyone answered the Weekly Stream question above? Maybe Chips can answer that?

This is part of the requirements that will be given to permission to run does casino and I won't blame them to if they accept or even agree with the government is not somthing that they can even reject, it is either they agree and continue with business I don't see anything wrong, their are people that don't want to do Kyc but they don't even have a choice.

And the implementation is not new so people are suppose to be use to crypto by now and it is not somthing thay is a big deal, and I don't even know why some people are still complaining about Kyc they should just accept and move on is not as if any casino will leak their data, the Kyc is just for extra measures in case so if it is already part of their police's then accepting will not be an option.

Shishir99

hero member

Activity: 840

Merit: 522

Quote from: chipsgg on October 18, 2024, 10:16:07 PM

We host multiple events weekly on Discord, with our main attractions being “Beat the Boss” and blackjack streams. Both events feature giveaways and prizes for viewers. In “Beat the Boss,” the host plays games suggested by viewers, aiming for the highest multiplier. The game that ends with the highest multiplier becomes the target event on our site, where participants must try to beat that multiplier.

Our latest being Stack'em with 220x: https://chips.gg/promotions/promotion:I87T8W5PHP5UFK98R0KQ3W

Interesting. Thanks for the information.
This must be a good thing for the community who regularly watch the streams and actively participate in discord server. I am not a discord guy and don't spend time on discord servers. But I will check the events from now on. I have joined the signature campaign for a couple of weeks now. But I haven't logged in to my chips account yet. It seems I forgot which email I have used. I will have to talk to support if they can assist me with the account recovery or if it is okay to create a new account.

chipsgg

copper member

Activity: 136

Merit: 56

The Future Of Cryptocurrency Gambling

Quote from: ryzaadit on 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.

Quote from: joniboini on October 18, 2024, 09:29:44 PM

Anyway, has anyone answered the Weekly Stream question above? Maybe Chips can answer that?

We host multiple events weekly on Discord, with our main attractions being “Beat the Boss” and blackjack streams. Both events feature giveaways and prizes for viewers. In “Beat the Boss,” the host plays games suggested by viewers, aiming for the highest multiplier. The game that ends with the highest multiplier becomes the target event on our site, where participants must try to beat that multiplier.

Our latest being Stack'em with 220x: https://chips.gg/promotions/promotion:I87T8W5PHP5UFK98R0KQ3W

joniboini

legendary

Activity: 2170

Merit: 1789

Quote from: iv4n on October 18, 2024, 07:26:55 AM

does anyone really think that it is a problem for a gangster to find some documents and pass KYC?

I think that stance is quite common, the government likes to throw that statement as far as I'm aware. Can't really blame casinos if they want to implement KYC because of that. I feel like I have had the same discussion in the past about this, feels like deja vu.

Anyway, has anyone answered the Weekly Stream question above? Maybe Chips can answer that?

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: ultrloa on October 18, 2024, 08:14:21 AM

Quote from: ryzaadit on October 18, 2024, 06:25:20 AM

Quote from: joniboini on October 17, 2024, 09:15:22 PM

Too many services don't do this kind of gesture nowadays.

Yes, that's the problem.

People hate KYC cause they can delay the withdraw as well, we are allowed for deposit & play without KYC and suddenly getting these after we withdraw bigs. Even, all casino will response (Casino will never block or ask KYC for big withdraw). But, we all know these just can be used for some KYC for delay the transition > hopefully the player using the balance and lose them all.

Kyc it's fine, but they should ask in front.

Due to that situations happen where there are some casinos using this to trap winning gamblers I also think about doing KYC in advance is fine. Since we need to deal with it anyways and better to execute this early so there's no reason for them to use this reason to delay everything especially the withdrawal requested by people.

If the casino want fairness then they should implement this since for sure this matter is actually not a big deal for those people who used to do KYC on reputable online platforms also for sure they would comply on this especially if the casino allow this to happen. I guess there's less people skeptical on this requirements but for sure majority want to do it due to those reason mentioned by people here.

It is really that becoming a norm now on which those old and known casinos into this market had already making up some transitioned that on the moment that you do make out some registration then they would really be asking out some KYC. Just like on Stake or Roobet but Stake is much more strict since you would really be needing up to give out more information and verification.

Most of us would really be still that trying out to prefer on having those platforms on which doesnt ask out some KYC but if they were really that trying out to ask out on the moment that you do win up some significant amount then its better that you have done it earlier but who knows? right for us to win up something big?. This is why some people would really be that skeptical when it comes to verification procedures
because they cant be sure whether they win up something big or not. We do much prefer on staying up anonymous as possibly as we could.

Shishir99

hero member

Activity: 840

Merit: 522

Quote from: chipsgg on October 17, 2024, 05:13:19 PM

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.

Your explanation makes sense. Actually, I have nothing against KYC. But I guess you know that not everyone likes KYC. So, respecting privacy, some casinos do not require KYC upon registration. Players are only required to do KYC if they reach certain limits. For example, I have seen casinos that require their customers to do KYC only when their winnings reach a thousand dollars.

The casino industry is getting bigger every day, and there are more regulations as well. Anyway, I know that casinos that provide games from third-party game providers have to have a license, follow the guides, and collect KYC from the players.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: ryzaadit on October 18, 2024, 06:25:20 AM

Quote from: joniboini on October 17, 2024, 09:15:22 PM

Too many services don't do this kind of gesture nowadays.

Yes, that's the problem.

People hate KYC cause they can delay the withdraw as well, we are allowed for deposit & play without KYC and suddenly getting these after we withdraw bigs. Even, all casino will response (Casino will never block or ask KYC for big withdraw). But, we all know these just can be used for some KYC for delay the transition > hopefully the player using the balance and lose them all.

Kyc it's fine, but they should ask in front.

Due to that situations happen where there are some casinos using this to trap winning gamblers I also think about doing KYC in advance is fine. Since we need to deal with it anyways and better to execute this early so there's no reason for them to use this reason to delay everything especially the withdrawal requested by people.

If the casino want fairness then they should implement this since for sure this matter is actually not a big deal for those people who used to do KYC on reputable online platforms also for sure they would comply on this especially if the casino allow this to happen. I guess there's less people skeptical on this requirements but for sure majority want to do it due to those reason mentioned by people here.

iv4n

legendary

Activity: 3346

Merit: 1191

Quote from: Rruchi man on October 15, 2024, 09:00:10 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.

I still don't think KYC is important, I don't like the idea of sharing my private information with just about every casino licensed on some island. But crypto casinos are growing and expanding markets, so they have to comply with various laws and introduce mandatory KYC if they want to operate globally. That's why I don't think more and more people understand the importance of KYC, we're just getting used to the new situation where more and more casinos are introducing that rule...

Quote from: Rruchi man on October 15, 2024, 09:00:10 AM

Any casino not requiring any form of KYC will be a tool for criminals to launder money...

This is political propaganda... does anyone really think that it is a problem for a gangster to find some documents and pass KYC? You go through some poor neighborhood and for 20-30 dollars you will find a bunch of them who will do it for you. And with wagering requirements for any deposit, why would anyone bother and risk laundering some money?

ryzaadit

legendary

Activity: 2688

Merit: 1262

Quote from: joniboini on October 17, 2024, 09:15:22 PM

Too many services don't do this kind of gesture nowadays.

Yes, that's the problem.

People hate KYC cause they can delay the withdraw as well, we are allowed for deposit & play without KYC and suddenly getting these after we withdraw bigs. Even, all casino will response (Casino will never block or ask KYC for big withdraw). But, we all know these just can be used for some KYC for delay the transition > hopefully the player using the balance and lose them all.

Kyc it's fine, but they should ask in front.

joniboini

legendary

Activity: 2170

Merit: 1789

Quote from: ryzaadit on October 17, 2024, 01:39:25 PM

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.

chipsgg

copper member

Activity: 136

Merit: 56

The Future Of Cryptocurrency Gambling

Quote from: RockBell on October 17, 2024, 04:36:06 PM

Quote from: Shishir99 on October 17, 2024, 12:46:54 AM

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.

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.

RockBell

sr. member

Activity: 966

Merit: 391

Underestimate- nothing

Quote from: Shishir99 on October 17, 2024, 12:46:54 AM

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.

ryzaadit

legendary

Activity: 2688

Merit: 1262

Quote from: joniboini on October 16, 2024, 08:36:53 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 ~XD

TBH, 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.

chipsgg

copper member

Activity: 136

Merit: 56

The Future Of Cryptocurrency Gambling

Quote from: Shishir99 on October 17, 2024, 12:46:54 AM

Quote from: hd49728 on October 16, 2024, 09:51:54 PM

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.

Topic: Chips.gg |🎰 1000+ Slots |🎤 Live Casino |🎲 1% House Edge Dice |🏦 The Vault - page 8. (Read 25434 times)