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Topic: Crypto betting - page 10. (Read 2427 times)

hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
August 28, 2023, 12:06:58 PM
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.

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.
hero member
Activity: 812
Merit: 560
August 28, 2023, 05:48:50 AM
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.
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.

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.

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.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
August 28, 2023, 04:43:07 AM
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.
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.
 

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.

Quote
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.

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?
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 28, 2023, 04:28:23 AM
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.
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.
hero member
Activity: 1652
Merit: 521
Leading Crypto Sports Betting & Casino Platform
August 28, 2023, 03:35:31 AM
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.

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.
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.

-snip-
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.
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.
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
August 28, 2023, 02:41:16 AM
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.
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.

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.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
August 28, 2023, 02:13:56 AM
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.
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.
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.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
August 27, 2023, 06:56:51 PM
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.
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.
hero member
Activity: 1918
Merit: 564
August 27, 2023, 04:17:38 PM
All bet would only be settled correctly if your predictions were in line with the outcome of the results being played, secondly there isn't any guarantee that you must face difficulties during withdrawal providing that platform do required a KYC for someone to fully operates on their platform. Maybe after you meet their criteria of having to operate on their platform then you could be able to withdraw freely, usually I don't have capacity to recommend you on a trusted casino or a gambling site here as I haven't bet before rather trying to start putting eyes on that area.
Not all casino here will give you problem upon claiming your winnings just make sure that you are good with your details for the KYC verification and it's hard to even see a casino these days that will not require KYC verification from Moreover the government watches them over cases of money laundering through their website that's why KYC is strictly implemented. I have been gambling on so many casino here like trustdice, rollbit, live casino and even BC.game and I have successfully withdrawn anytime I win
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.

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.

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.

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.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
August 27, 2023, 03:28:25 PM
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 🧑‍🦰
jr. member
Activity: 131
Merit: 2
August 27, 2023, 03:07:26 PM
It's not being too sensitive. The casino is sharing your information with the government because the ToS says they can share the information. We may get hassled by third parties even if we did nothing wrong. Why else would they collect your information after winning?
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.


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.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
August 27, 2023, 12:51:46 PM
#99
All bet would only be settled correctly if your predictions were in line with the outcome of the results being played, secondly there isn't any guarantee that you must face difficulties during withdrawal providing that platform do required a KYC for someone to fully operates on their platform. Maybe after you meet their criteria of having to operate on their platform then you could be able to withdraw freely, usually I don't have capacity to recommend you on a trusted casino or a gambling site here as I haven't bet before rather trying to start putting eyes on that area.
Not all casino here will give you problem upon claiming your winnings just make sure that you are good with your details for the KYC verification and it's hard to even see a casino these days that will not require KYC verification from Moreover the government watches them over cases of money laundering through their website that's why KYC is strictly implemented. I have been gambling on so many casino here like trustdice, rollbit, live casino and even BC.game and I have successfully withdrawn anytime I win
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.
hero member
Activity: 2716
Merit: 698
Dimon69
August 27, 2023, 08:50:05 AM
#98
It's not being too sensitive. The casino is sharing your information with the government because the ToS says they can share the information. We may get hassled by third parties even if we did nothing wrong. Why else would they collect your information after winning?
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.

legendary
Activity: 1834
Merit: 1208
August 27, 2023, 08:25:37 AM
#97
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?
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.
hero member
Activity: 1498
Merit: 504
August 27, 2023, 08:02:36 AM
#96
so all bets should be settled correctly and payouts should be carried out without any problems.
All bet would only be settled correctly if your predictions were in line with the outcome of the results being played, secondly there isn't any guarantee that you must face difficulties during withdrawal providing that platform do required a KYC for someone to fully operates on their platform. Maybe after you meet their criteria of having to operate on their platform then you could be able to withdraw freely, usually I don't have capacity to recommend you on a trusted casino or a gambling site here as I haven't bet before rather trying to start putting eyes on that area.
Right because it is very difficult to guarantee the exact bet. No one can tell when a platform works. It is better to stay away from kyc sites, they are more scams and these platforms do not have any guarantees. Before you can place bets and play games, you need to understand how the deposit and withdrawal processes work. Crypto bets offer different withdrawal options each option has its own pros and cons, so gamblers should check their options carefully before withdrawing funds.
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?
I agree with you that even the biggest popular casinos in this forum will also ask for KYC when they want to deposit or withdraw funds the first time they register and all of that is usually due to the rules of the license.
Not all crypto casinos that require KYC are considered scams like my current favorite casino site must at least do KYC level 1 before making a deposit even though there are old customers who are not asked to do KYC.
For Dex casino I have never bet there but what I know is this Dex casino as discussed before in another thread about web3 casino that allows users to connect personal wallet and can immediately bet but I am not sure if it's pure web3 without asking KYC when withdrawing funds big or not.
hero member
Activity: 686
Merit: 403
DGbet.fun - Crypto Sportsbook
August 27, 2023, 05:56:51 AM
#95
so all bets should be settled correctly and payouts should be carried out without any problems.
All bet would only be settled correctly if your predictions were in line with the outcome of the results being played, secondly there isn't any guarantee that you must face difficulties during withdrawal providing that platform do required a KYC for someone to fully operates on their platform. Maybe after you meet their criteria of having to operate on their platform then you could be able to withdraw freely, usually I don't have capacity to recommend you on a trusted casino or a gambling site here as I haven't bet before rather trying to start putting eyes on that area.
Right because it is very difficult to guarantee the exact bet. No one can tell when a platform works. It is better to stay away from kyc sites, they are more scams and these platforms do not have any guarantees. Before you can place bets and play games, you need to understand how the deposit and withdrawal processes work. Crypto bets offer different withdrawal options each option has its own pros and cons, so gamblers should check their options carefully before withdrawing funds.
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?
sr. member
Activity: 546
Merit: 342
August 26, 2023, 02:45:43 PM
#94
so all bets should be settled correctly and payouts should be carried out without any problems.
Snip
Right because it is very difficult to guarantee the exact bet. No one can tell when a platform works. It is better to stay away from kyc sites, they are more scams and these platforms do not have any guarantees. Before you can place bets and play games, you need to understand how the deposit and withdrawal processes work. Crypto bets offer different withdrawal options each option has its own pros and cons, so gamblers should check their options carefully before withdrawing funds.

Most people hardly take records on the kind of gambling site they are sending money or probably place bet, it's always advisable to have the site checked and read their rules properly before involving oneself into those site. On the other hand, most times kyc is very important before placing bet or sending money to that platform people fails to carry out their kyc correctly before Venturing into gambling site to start their prediction and whenever they win huge, the site might likely asked for their kyc at this point errors and mistake might arose causing the casino or gambling site to consider the use as a scammer or has cheated on the site.
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.
jr. member
Activity: 131
Merit: 2
August 26, 2023, 02:00:00 PM
#93
...
Why do you think that requiring kyc when withdrawing from a crypto casino is a bad thing?
Fiat casinos will obligé You to verify your identity the very first moment you sign up with them! So, which one is better here?
Besides, verifying your identity upon registration isn't always the end of troubles as you described it. The casino may ask for more, like source of income, some related addresses...
Yes, it is not actually bad if the site is legit and reputed but if we do this for new projects or a questionable site, I'd prefer not to do it. Although KYC is mandatory for major casinos but, it was still our decision to decline and never use their site. But I know why they are doing this, maybe if we could understand their stance about asking KYC, we would also be able to submit it willingly. So if I'm in that situation, I will comply with the KYC and take my winnings.
Specially if the winnings is really that a significant amount on which people wont be caring about their information had been given or leaked out. Crypto gambling had become that popular because of the
essence which you could really be able to play gambling anonymously which is totally contradictory on what we are seeing on those fiat based casinos or those typical ones which it would really be having that
strict compliance in regarding KYC but we've seen now that there are casinos which are already that asking out for some verification before you could be able to play which do really sucks. We are really that heading into a
part that we are gradually making ourselves dealing with those similar fiat platforms. Somewhat we do still have those places which we could really be able to play despite on having those terms of possible asking of information or verification but still not really that much of a concern as long you arent doing bullshit with your gambling activity. They would be usually be asking out these infos specially if you have violated their
house rules or terms which i should say that it is really just that fair. There are really just people who are really that too sensitive when it comes to these things.

It's not being too sensitive. The casino is sharing your information with the government because the ToS says they can share the information. We may get hassled by third parties even if we did nothing wrong. Why else would they collect your information after winning?
sr. member
Activity: 2226
Merit: 347
August 26, 2023, 01:22:01 PM
#92
...
Why do you think that requiring kyc when withdrawing from a crypto casino is a bad thing?
Fiat casinos will obligé You to verify your identity the very first moment you sign up with them! So, which one is better here?
Besides, verifying your identity upon registration isn't always the end of troubles as you described it. The casino may ask for more, like source of income, some related addresses...
Yes, it is not actually bad if the site is legit and reputed but if we do this for new projects or a questionable site, I'd prefer not to do it. Although KYC is mandatory for major casinos but, it was still our decision to decline and never use their site. But I know why they are doing this, maybe if we could understand their stance about asking KYC, we would also be able to submit it willingly. So if I'm in that situation, I will comply with the KYC and take my winnings.
Specially if the winnings is really that a significant amount on which people wont be caring about their information had been given or leaked out. Crypto gambling had become that popular because of the
essence which you could really be able to play gambling anonymously which is totally contradictory on what we are seeing on those fiat based casinos or those typical ones which it would really be having that
strict compliance in regarding KYC but we've seen now that there are casinos which are already that asking out for some verification before you could be able to play which do really sucks. We are really that heading into a
part that we are gradually making ourselves dealing with those similar fiat platforms. Somewhat we do still have those places which we could really be able to play despite on having those terms of possible asking of information or verification but still not really that much of a concern as long you arent doing bullshit with your gambling activity. They would be usually be asking out these infos specially if you have violated their
house rules or terms which i should say that it is really just that fair. There are really just people who are really that too sensitive when it comes to these things.
legendary
Activity: 2730
Merit: 7065
August 26, 2023, 10:45:30 AM
#91
It is better to stay away from kyc sites, they are more scams and these platforms do not have any guarantees.
KYC depends on the licensing body regulating the casino. Licensed casinos through Malta's and the UK's gambling commissions are more strict, and require identify verification from the get go. Curacao casinos are lenient and follow other regulations. Nevertheless, if you pay closer attention to the T&Cs you agree to, you would notice that they all say that the providers have the right to demand KYC whenever they want. This is a rule they will gladly apply during withdrawals, especially if you are attempting to move significant sums. Properly KYC-free casinos are rare and will be even rarer in the future.   
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