Topic: Crypto betting - page 10. (Read 2206 times)

Well, you are absolutely right about that, n, whenever things like being able to do retros are done, we like efficiency, that is, that we have the unique freedom of being able to provide our documents and that the verification is successful and above all fast, no I know if some exchanges have tried, or well some brokers, that at the moment of sending the documents it is fast that they do the KYC verification, and that only takes a maximum of 5 minutes and verify everything and give the good option of a KYC verified and always in the majority of times the earnings of the players are not so high, when there are high earnings they are generally people who have made large deposits and who bet very large, their bets are strong and they have been lucky to win and Obviously they want to withdraw, I think that in those cases it is where they request the KYC and they want it to be as radical as possible so that they can have good results, however sometimes the casinos take a long time, and it is difficult, because there are players who want to withdraw its fast money, and some casino strategy is to delay the KYC so that players can get upset and gamble that money losing it, I have seen some cases like that.

So sometimes the casinos may be implementing this type of strategy, of delaying KYC so that the player places and bets losing their winnings, but this is not something correct, because it causes discomfort to the player and what they achieve is that the player leaves, I do not recommend the casino, they tell me that there is a casino that delays the KYC only so that they continue betting and lose the winnings I do not enter, and just like me there are many players, because what does make sense to me It is that you enter a casino and that in that casino you win and can withdraw the money, apart from that they are not so demanding with the KYC, because that is something that bothers me, or at least it does for me, for that reason it is that I I refer to the scsainos that are known, because in those casinos I already complied with the KYC and I like them, because a one-time withdrawal can be made.

You are right about regulations and rules being a bit lenient in cryptocurrency casinos than traditional online platforms, however, I believe doing KYC right after registration can sometimes become very useful because at a lot of occasions gamblers face problems verifying their identity after winning some winning and willing to withdraw it, so if a gambler has already completed their level 1 KYC verification, the casino won't have an excuse to ask for KYC.

If the amount is very large, than you are right that they might ask for further verifications but that doesn't happen all the time and you will almost get through if you have your account verified already when you request a withdrawal. So it somehow makes things easier for gamblers.

since the OP is already here at the forum, he can easily distinguish some of these reputable casinos found in the forum. he can check the trust summary of each rep and see who has existing issues with their players. assess also the case, if it is the fault of the player or the bookie itself. sometimes there are complaints that are not valid.
this is the benefit of forum users as they can easily spot the reputable bookies as they will know if the bookie has unresolved valid cases. of course, you would avoid such site.

A casino been license doesn't mean they can't turn out to be scammer, in the past we have seen some casino that we thought will be here to compete for the top spot in the gambling industry turn out to be scammers and that's because we have many greedy people in the world.

Scammers can do everything to make their site look legit so they can scam alot of users. This is the reason we shouldn't be in a rush to trust newly launched casino but we can trust those that have stayed in the market for a very long time because they won't want to scam us.

We have many casinos or sportsbook that you can trust and they're active on the forum they have very good reputation as well, I don't want to call names since it won't be nice to the project that I'm promoting mentioning their competitors names but do your research.

Having a license is not a guarantee that any casino will not scam, if they don't scam you they can be attacked and hacked a d loose access to their own system, hackers can extort anything out from them as long as they are vulnerable to that attack aimed on them, a gambling platform has alot to put in place towards taking a security measure over their system, it may require them some financial obligations to incure this but it's for their own benefits and personal advantage, instead of us looking for their license alone, we could extend the research on many other additional criterials to check on before using a particular gambling platform.

Hmmm, how can a new emerging casino compete with the reputation of the long-running licensed casinos?  First, they are unlicensed, that simply tell us not to trust the casino.  They are operating illegally, even though they may look legit, the fact that they are operating illegally says it all.


As you stated, acquiring a Curacao license is not that hard, so why does this unlicensed casino not give some time to get a license?

A casino that intends to be a scam casino will still be a scam casino, whatever it is, because they are running their business to deceive people who play gambling in their casino. They don't care how many people complain about bad things happening to people because all they care about is how much money they can make from their customers.

We can only be careful with those scam casinos by always checking the casino, especially if it is a casino we just know and hear the name of. Many new casinos that we don't know end up being scam casinos that manage to take all their customers' money and leave them just like that. This is a must watch, especially for those still looking for casinos from search engines or social media.

So this is a good opinion because new casinos that don't have a license when asking KYC are not clear whether they can guarantee the security of every data that customers provide or not.
The majority of casinos that enforce KYC are caused by requests from the license used, in addition to knowing which nationality customers are also used to better control criminal activity.
When a new, unlicensed casino asks for KYC, it should always be avoided and never try to play there so that we don't become victims when the casino scams or sells data that customers provide.

But finding casinos like that isn't easy either, especially since they are still relatively new casinos.
There may be some that can be trusted but only a small number of them and most of the others are just shady or have the potential to be scam casinos.
I always choose every casino that I will use and when I'm curious about a new casino, the first thing I do is look at their ratings, whether they already have a lot of customers and can give customers a feeling of trust.
After all, when you have used an old casino that is clearly reputable, why should you take the risk of using a new casino.

When a casino or gambling site is set for scamming, either licensed or not they will scam let it not be that they had intension to scam otherwise they will scam people. What happened is that we should be careful with the rate at which we share our data to exchange and gamble site be it a casino since whenever they folded our data is not permanently deleted on their system or if they do sells out their site, all our details are being sold as well.

But it may also be more vulnerable to fraud for unlicensed casinos, even though we also often find cases of fraud at licensed casinos, but it's good to look for casinos that are truly trusted and have a good reputation on this forum, BTW it looks like the accusation board for most average gamblers newbie accounts are newbie on this forum and most of them are giving accusations without any proof and there are some licensed casinos that clarify every accusation, mostly those who accuse most of those who are caught cheating too.

We can't look at it from the point of view of looking at the accusation board, because we also have to look at it from a case by case basis because not all of the accusations are true, mostly there are indeed users who cheat at casinos so they freeze their accounts and some of their money, so I think the licensed is safer in my opinion although it can indeed be bought and paid for if you have money, because you can see from their seriousness in having the license. so it all comes back to the research of the respective gamblers and their beliefs.

Not necessarily true. Many new or unlicensed casinos proved themselves to be trustworthy even more than some long-standing and licensed casinos. If you check the scam accusation board you will find that most of the accusation topics are mainly against licensed casino which have been around for a long period.
Acquiring a Curaçao license, for example, is not that hard as long as you have the money to pay for it. You can get one in few days.

I always believe that those centralized casino that does not asked KYC for an small amount withdrawal have threshold or limitation that can trigger the KYC requirement if exceeded.  This is the reason why some reputable casino asked KYC to people who withdraw huge amount of money while we are not asked no matter how many times we process the withdrawal because the fund we asked to withdraw is very minimal to trigger the KYC requirement.

I believe that is the case except for those who are violating the casinos or are suspected of multiple accounts expolitation.


Some new and unlicensed casinos also asked for KYC, if I encounter this kind of casino platform, I would avoid them because being unlicensed is a huge flag that they might sell our data to other party since they are illegally operating in terms of government regulations.

You refused depositing your funds on DEX casino cus you actually saw some malicious reviews about the whole site and that wasn't encouraging... Mind you, those reviews MIGHT be really considerable to some gamblers online, so the question goes - what are your criterions??
Alota peeps have been complaining about the risk involved in KYCs and it processes... unless you wanna release your confidential infos, don't even go further from here ...

Sandra 🧑‍🦰

If you were right, then how would the government know that you are money laundering at a casino? The government doesn't know you bet at a casino. The casino files a report with the government when you win and they ask for KYC. That's how the government knows. Most of the time they don't do anything with it but have it in case.

That is because some of them are legit. And as long as you are following their rules, you won't ever have a problem. Some of these casinos won't even ask a KYC or if the money involved is only small but it's always better to prepare for it and you already all have the necessary documents.

It was usually the new and unlicensed casinos are the ones who don't have a KYC but I won't risk my money only for this. I don't have nothing to hide and I'm confident to some legit casinos in this space. A casino's policy can still change over time so it's important to take note of it but it's also better if the casino will have a proper announcement about it.

It’s not literally they are sharing without government ask for it. It’s for documentation of your winning as AML(Anti Money Laundering) policy dictates to counter potential mnoey laundering. They will keep record as supporting evidence once the government ask for the record of that specific person not totally they are giving it the moment you win.

Yes there's.

There are so many Web 3.0 casinos that allow you to gamble by just connecting your non custodial wallet to the casino, but they're still have mandatory KYC rule. It's not completely decentralized, but it can be said as less decentralized casino.

owl.games was used to be the most trusted Web 3.0 casino, currently I don't really know the trusted Web 3.0 in this forum.

Hi, you said it is better to stay away from KYC sites because they are scam, why? Are you really into crypto gambling? Because if you are you should know that many popular online casinos now ask for KYC verification, from no 1 to number 10 of the best online casinos, 90% are already asking for KYC and they are not scam, this made me believe that you don't gamble much.

I was about to ask if there is really any DEX casino where people can gamble without making deposit into the account of the casino, the whole experience will be just connect your wallet like using metamask wallet on uniswap and gamble, when you will you instantly get credited into your wallet and when you lose they remove the amount instantly, because if anything is going to change the gambling experience for many people it will be this.

Is there any real dex casino?

Very true because I have encountered such issue before but not with a crypto casino, it was more like a local casino and I was in dire hast just to deposit because of the additional features someone told me about in this casino and in my hurry forgot to highlight the terms of the casino and made a deposit through my fiat bank and that was the beginning of a long struggling feat of KYC verification Because on my first place on the casino I actually enquired a win and when it was time to pull out the funds it now became a very big problem.