Topic: do anyone have done this? with gambling platforms - page 14. (Read 3654 times)

As far as I know where a gambler has deposited a small amount of money on a platform and from there won a huge amount of money by winning the jackpot. But if he wants to make a withdrawal, he must be forced to do KYC from the casino platform, because in order to withdraw high amounts, the identity of the gambler must be identified. And if that person does not follow the rules of the gambling platform then his account can be frozen or cause problems so that person must complete then he can withdraw his money. However, there are some casino platforms that create a lot of problems when it comes to winning such big jackpots and their strict KYC systems cause a lot of problems for the players. As a result, when the player tries to withdraw his money, the casino platform puts pressure on him and sometimes damages his account. However as far as I know all trusted casino platforms do not pose such a big problem but rather make KYC mandatory. And by completing their KYC, players can easily withdraw their money and if the casino platform causes problems, they can be resolved later.

Sometimes we don't really know that which platform is trusted and which one is not trusted in the above case it is confirmed that the casino that offered the jackpot was a scam casino. I have seen in that forum that a person won a very huge bet by literally spending a single dollar because he got $5000 free bets by owning a unique NFT of the casino. The user shared his experience on this forum and later on the casino paid the user a huge sum of $200k if I remember it correctly.

The casinos that are working with legit business model will never degrade their reputation for that little amount of money and that's why I also believe that the casino where the user got jackpot was a scam casino and they have shown their true face when the user requested to withdrawal the money he has won. I think it's better to avoid any casino that seems shady from its offers because the shady casinos will always find an excuse to not pay the money to the winner.

Why was your account banned? Even if you are requesting a high withdrawal, the platform should only ask you for KYC or whatever they require from their players when they ask for big withdrawals but banning the account is in no way the right thing to do, it means that the platform that you were using was not trusted since they couldn't even let you withdraw the money that you have won through a jackpot that they offered themselves, doesn't sound normal to me.

If they didn't have enough money to pay the jackpot then they should have reduced the jackpot amount so that even if a user manages to hit the jackpot, they wouldn't need to ruin their reputation by banning their accounts instead of asking for KYC and then letting them withdraw the money.

Using multiplier is a way for us to double our profits, that is if we are fortunate enough to have such a big win. There are people that had been in the Crypto market for long and had never had any big win. This is not because they don't know how to bet but I think it is accompanied by luck. Sometimes luck can give us a crazy profit that we have never imagined before. After winning a jackpot, what next? Keep it gambling or go for vacation? I am looking forward to have a big win that will make me leave gambling activities for a while and take a leave to enjoy my little earnings. It might not be now but I hope that will not take too long.

I, like many others, have been a small gambler, and let me tell you, it's a difficult world out there. Raising the minimal withdrawal amount? This is merely a ploy, a strategy to keep you engaged in with the hope that you will lose patience and play more. Intelligent, but unfair

 I must admit that KYC is trash. Absolute garbage. However, sometimes we must support trash because it is a necessary evil in the online wagering industry. With the advent of the digital age comes an influx of online casinos. Here, we're discussing the future of wagering

My advices? Be smart. Choose a casino with a withdrawal limit that is reasonable. It's simple: when you win, you want to appreciate your winnings without being held hostage by absurd minimums. And, indeed, self-control is the determining factor; it is what separates the victors from the losers. If you can accomplish that, you will be ahead of the competition.

Well you're right because that's what I meant, it's just that I didn't go into detail, because I thought we'd all understand it by just saying security.
That's a good point you make when you say "appeal" to the casino when unexpected things happen to our account. If we appeal to the casino, they will definitely question whether our account was really hacked and they will also definitely ask for re-verification to make sure whether it was really our account or not, and when we can't prove it, then most likely the casino will turn around and accuse us of being a fraudster who tried to cheat them.

Yes I did it few times in duelbits when they had contest in this forum. A contest where participants tried to win as much as possible with low deposited amount. My biggest profit was when I deposited $25 and managed to withdraw $2,000 if I remember it correctly. Withdraw was quick/instant and I did not need to complete KYC for that amount of money. The other same contest I managed to do similar thing but with lower withdrawal amount starting from few hundreds dollar to 1k+ .

As a small gambler it won't be difficult to withdraw money from casino sites, I also experienced the same thing as you, but sometimes there are also some casinos that increase the minimum withdrawal amount so that it is rather difficult to collect money to reach the minimum withdrawal, sometimes I can't reach one day or even a week to collect above the minimum withdrawal limit.

Even though you are a small gambler, you should play at a casino that doesn't have a very high minimum withdrawal so that it's easier to withdraw quickly when you win, because usually when it takes so long to reach that we are interested in trying to play again and in the end you lose, yes, all of that also needs to be called control. myself, thankfully I can still control it, so looking for a casino site that really has a smaller minimum withdrawal will be even better, of course big bettors will have difficulty withdrawing money because they have to complete KYC. 

I never won huge amounts yet, but I did win small amounts thanks to big multiplier wins(100x, 200x etc) and was able to withdraw without submitting any KYC documents in sites like Sportsbet.io and Crypto.Games.

They will most probably request KYC if the amount involved is huge op which is pretty common these days in the crypto gambling world sadly.

That is mostly what will happen, bonuses or depositing a small money you'll tend to lose it that is really their system unless you've people multiple times like  a thousand rounds a then it is possible if you are just new then haven't passed yet the KYC then played a single round then win then for sure the caisno owner thinks that you've cheated which then they will noticed and your account will be banned and you cant get your winnings, though right now i dont see any cases right now but before there is and mostly those people end up not getting their winnings.

I think it is very rare to deposit a small amount and withdraw a winning jackpot. I once got such a jackpot in a casino in our country. I won 200,000 in local currency but after withdrawing only 40000 my account got banned.

If playing in a KYC-required casino annoys you then you better look for other casinos that do not require their players to submit KYC.  No one is forcing us to play at these kinds of casinos.  It is our own free will that we are playing on the platform.

Honestly, let us not stress ourselves and get annoyed by the kind of casino you are referring to.  We can just read the ToS and avoid the platform if we are not satisfied with the terms.  In this way we save ourselves from frustration and stress of putting up with the casino just to play on their platform.

What have become the reality in today's gambling industry is the issue of KYC, This is what have created a lot of conflicting reactions within the gambling community most especially those online cryptocurrency casino, This is why before you agree to sign up to any casino you need to first of all agree to give out your information for verification,  so for that it makes our worries to shift to another direction which is.

How safe and secure are our KYC documents on those casinos that we give out our KYC documents to and what is the level of their data protection?

You have to be aware that many people think they can get around multi-account restrictions and make the same attempt at bonuses, which are only ever calculated to be given to one person for one time. They may claim that the casino is refusing to pay out, there may be the odd instance at less reputable casinos where this actually happens, however they quite often hide a lot of the details that give away the fact they are abusing these bonus promotions. It might surprise you, but the largest casinos are making plenty of profit and don't really need to dispute the odd cases where someone wins back a little chunk, but they most definitely will investigate if any indicator looks suspicious on the account and providing KYC is a pretty standard request now.

If you say KYC for security, it's not really about our security, but casino security so that you can emphasize fraud or criminal acts such as money laundering, and on the negative side, we provide personal data, you don't need to worry because every trusted casino that already has a good reputation will always prioritize privacy or protect the personal data that we provide so that it is not leaked or even stolen by other parties.

Casinos never force their customers to provide KYC, but when all casinos implement KYC it seems that every gambler will also accept it, especially when gamblers often use large amounts of money, of course, every provision that can provide comfortable advice will always be carried out.

The problems with deposits and withdrawals and KYC verification occur when you are gambling at a platform that isn't trusted and reputable, and that is the reason why it's never recommended to use platforms that are new and aren't trusted among the community of gamblers, always make sure that you do your research before you make a deposit at a certain casino if it's new, ask the community if they have already used it and what is their experience.

So, it is basically a gambler's responsibility to make sure that they are gambling with a trusted and reputable platform that has been around for quite some time and they don't make deliberate issues regarding deposits and withdrawals only so that they don't pay the gamblers what they've won.

But we also have to know that there is no really safe account security, especially on the internet. There will be problems related to security on every site, and we can only hope that casinos can continue to protect their consumer data properly and that no hacks occur in their casinos. And when we play gambling with small bets and can win big wins, we have to be prepared for the casino's request for us to do KYC as part of their supervision of its members.

And it is true that it is our choice to do KYC or we will look for other casinos that will not strictly enforce KYC. But gamblers will prefer to do KYC at the casino because they must be thinking about getting that big winning money, and it's okay to do KYC. If that's the case, it means that our choice is to do KYC even though we don't like doing it. But because big money is waiting for us, we want to do KYC at the casino.

It is inevitable that everything will have its positive and negative sides, and this KYC rule is no exception. The positive side is that we become safer and casinos definitely do that for the account security of each user, and the negative side is that we may have to give our personal data to them.

It's a choice for us, whether we want to do it or not. Because the casino certainly does not force or in other words if we want to do KYC then we can play there, and if we are not willing to do it then we cannot play there (if the KYC rules are very strict).

And yes, this KYC problem will be like a problem that will never be solved. Casinos only carry out the rules the regulators give, while users just want to be free to play gambling and don't feel the need to do KYC. However, the regulators feel the need to keep an eye on crypto users because they may have identified some crypto users who are using crypto for illegal activities. Hence, the regulators want to control every business. And finally, the regulators put pressure on businesses to ask their users to do KYC, but many crypto users refuse KYC. But we can see that some casinos still give crypto users the freedom not to do KYC as long as they want to follow the rules of the casino, namely, not using big money.

And yes, many people still want to keep their privacy private from many people, including casinos, who will ask them to do KYC. They still don't want to do KYC, especially when they hear that hacking is happening. But that's the reality because if casinos or exchanges can provide security, users may want to do KYC.

I think setting limits on the amount of withdrawals and deposits can be one solution where gamblers must know themselves by not depositing and withdrawing too large funds so that the casino doesn't suspect them and will ask them to do KYC. It is also okay for gamblers to make small deposits and withdrawals as it does not take away from the fun they get from gambling.