Topic: Crypto casino that doesn't ask for KYC (documents) at withdrawal - page 2. (Read 973 times)

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I said that exchanges are almost all KYC mandatory if you want to trade there, while casinos still have waivers where users can still use casinos with no KYC, but someday it will be like exchanges that KYC will be mandatory.

Maybe not unfair especially if they know that the casino they are playing is KYC compliant. For sure they already know that's part of regulation and common things happening in a legitimate casino now. It will only goes unfair if the casino claims to be a KYC free but suddenly end up asking that saying for verification purposes. With these reason we don't have any escape since with that situation is just lying to us regarding on no KYC thing. That's why I always follow with what majority says that stick only on those reputable casinos since we provably not gonna get some issue with them especially if we always obey their rules.

As a stake user who did my KYC over a year ago, I can say that in the first level of verification people put their full names and other data. In the second level people upload ID, in the third level people upload Address proofs, in the fourth level people upload proof of funds. I didn't see any email about verification notice, I'm looking in my email, I don't know if I didn't receive it because I have a level 2 verified account and now I'm verifying for level 3. Either way, KYC is here to stay. Governments have started to force casinos and exchanges to ask for KYC and I won't be surprised if in a few years crypto wallets are also asking for KYC.

I guess these new rules apply to all Stake sites. They have been enforcing mandatory KYC for a long time now though it was very basic, but the new level stuff is disheartening to say the least even though completely understandable.

Also, level 2 probably will require ID + Address proofs and nothing more. Source of funds etc are usually requested in higher levels based on what I know.

It looks like regulators finally caught up with the crypto gambling industry.

Just to be clear, this is for all of the Stake sites in each region, right? So no differentiating between stake.com and stake.us for example.

It should be very easy to pass the KYC if they just ask for ID + proof of address (assuming your country makes it easy for you to get that last piece of information). If source of funds is involved though, then things become more complicated.

That's it, it's just unfair but people now see it as normal these days, you know when the insane things are common in an environment, people now see it as normal even if it is an abomination elsewhere. I've always said that collecting people's money without KYC but trying to pay them only with KYC is not so cool, but I don't mind since there is a solution. The solution is that you should complete your KYC as soon as you register with the casino before depositing your money. That is good only for the KYC casinos, but it got worse when the casino preached no-KYC when you opened the account but suddenly asked you for it. We've seen a lot of cases like that and it puts people in unfortunate situations if they already have their money hooked there.

There are many good suggestions that I have read in this topic, and I am sure of the quality of those suggestions because the users who suggested them are trusted members. But what I want to point out is that there is no guarantee that what happened to these users is the same as what will happen to you. One of the important factors that must be taken into consideration is the amount you intend to withdraw from the platform. There are amounts that the platform cannot allow you to withdraw before verifying your identity and registering all your data, and in some cases they may ask you to prove the source of the deposited amount if there is any suspicion of any kind, especially if the amount is large enough to raise suspicion. Of course, this is on the assumption that it has been verified that you used the casino honestly and without manipulation.

My advice to OP if he wants to withdraw a large amount is to divide the withdrawal into withdrawals of small amounts and at different times. This is not a guarantee that the withdrawal will always be successful without completing the kyc procedures, but it will help to some extent in avoiding this request. You can also avoid using centralized casinos and look for decentralized alternatives, but this option has limitations of a different kind.

Absolutely, if I was never asked for KYC on a particular casino doesn't mean everyone will have the same experience. In fact KYC can be asked at anytime as long as the casino is AML regulated but users with small wagering may not be facing any queries about their withdrawal so they won't be asked for KYC and Proof of Funds. But there are some who create account and deposit large but wager a small amount and they try to withdraw them all which a casino consider as an attempt to launder money and definitely those situations will trigger KYC verification.

To make sure you won't have any problems when it comes to withdrawal, better prepare for the compliance of their kyc protocol. Even if we say, the site is not asking kyc for now, sooner or later, they have the possibility to require from you especially those licensed casinos. Don't get too complacent as it can happen anytime. Also do take note that your credentials should match what you have entered when you sign up because it might create problems later on.

A casino may not ask you for kyc while you deposit and gamble, but take note that they can always ask you for kyc anytime, some casinos are even notorious for asking for kyc when a user wins a huge amount of money and sometimes i suspect that some of them do it in order not to pay out the gambler, i find that to be very unfair. So in summary, always be ready to submit kyc in any casino, because it could be triggered anytime.

I agree with you but I think the sites op mentioned are reputable enough so if he completes kyc verification there it won't have any negative effect on him. But those casinos allow him to gamble without KYC verification. He can also use stake.com and sportsbet.io where he can gamble a good amount without KYC verification. A lot of gambling signs are constantly coming to the gambling market due to which every casino site is increasing its competitors. so they are also making their rules much easier.

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I recommend you to check out notokyc.com

Yes that's right, a casino site's terms and conditions may change due to changes in the site's license and various laws from governments in different countries.  And we can get answers to all kinds of critical questions in Tos. So of course, if you have any questions about something new or any casino site, you should read the TOS carefully to clear it up. then all kinds of confusion can be removed by itself. It's much easier to find an answer to a question by reading the TOS than by opening a topic and getting opinions from different people.

Doesn't mean they are not gonna ask you "KYC"

You should try to look on term & condition, not based experience. Cause all the casino you are mentioned, all of them can ask you KYC. If you don't believe it, then you can tried to check one by one of each casino.

Term & condition is always the answer, not based experience user.

That's the million dollar question, as they say in many countries.

The first thing here is not to ask which casino doesn't have it, since in reality the real situation is because you're afraid of KYC, you know.

The question is, what happens if I have problems with the withdrawal of my money, not only because of the KYC issue since a casino may or may not have it but that doesn't prevent having withdrawal problems.

Then, someone can have good experiences with a casino, but it will always be their personal experience, in the long run the sum of those positive reactions adds up to You decision, but it may not be the best choice.

There are platforms in which truly, we can find them that they don't require kyc, while some will not have to ask at as the time of joining, but also g the line, they walk demands for it, we have to know the impacts, any gambling platform have to be scrutinized well by us before we make them as our preferred way.

Well, this is true. I thought about this after making my reply - because there are several times that I have been helped by threads which the Op has abandoned or threads that were made a long time ago before I even came to the forum or became active in the gambling board.

Since this forum is like an archive of knowledge I guess adding this to the lists of things already existing here wouldn’t be bad even if the person who asked the question initially didn’t get to use it.

I have seen some casinos around here which claim to be nom-KYC ones, it is rather an strategy for the staff of such projects to catch the attention of newbies within the world of gambling, they are most of the time the one who do not like to go through the hassle of submitting their personal information and papers, like passport and identity card, so a casino being Non-KYC could be an actual boost for the gambling volume for small casinos or bookies, but inevitably when a casino gets to certain level of volume and deposits regulators and law enforcement agencies will send a cease and desist order against the website of platform itself. On the internet, we are going through times in which it seems to be necessary to track our movements and connect all the digital dots which could be tied to our identity in real life. Because of that, I am quite skeptical each time I see a small casino or an relatively new casino to use absence of KYC as a way to advertise themselves.  

Rather than doing what OP is trying to do, we should just submit our information to a couple of reliable casinos we are comfortable with and not to take chances with shady services out there.

You're right... Stake has started to strictly enforce all users to do KYC until the deadline until the end of the year but until now withdrawals are still smooth without KYC verification maybe if the year has changed then it has become mandatory for Stake users.

There are still casinos that have a license but do not ask for KYC... but remember anytime a casino will ask you for KYC because they already have strict regulations... I think we see that all casinos here have a license, if a casino does not have a license then it needs to be questioned...

You sound correct and many gamblers need to understand that big casinos are always noticed by the government which will want them to adhere to the laws Incase of money laundering users that might want to escape getting caught by the government looking for good casinos where they could exchange stolen funds for new ones that will not get noticed by the government. KYC are mandatory in most regions where many of these casinos are registered that is why it is hard to see popular and reputable casinos not asking for KYC even though it's a fair one. Fair KYC could be compulsory like asking for your email address, your real name and address, but when something fishy happens, they could ask for other important documents.