Topic: do anyone have done this? with gambling platforms - page 15. (Read 4000 times)

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.

I am not against casinos asking for KYC when their already mentioend it in their terms and condition that they are kyc compliance and being able to outline all the requirements and their operational requirements for the player, so anytime they ask for kyc the gambler will already know what exactly the demands will be, and anything outside what has already been stated in the T&C is against the gamblers right and he can accuse them for that, so any casino who want to make amend to the terms of service will first of all notify the gamblers about it before their implement it but some casino who already have a well planned out scam game they will go ahead to implement new rules when their is an ongoing case between them and the gambler and this rules will be to aid their criminal act to steal gamblers money.

What i have always been saying is that, gamblers should, first of all, pass through KYC before making deposits even if the casino allows deposits and withdrawal without KYC but have KYC in the terms of service, because is better and easier to pass through KYC when it you have nothing on the account than to do so when there is a problem already.

And that seems to be the only reason why some people disagree with this KYC rule, because what they use to verify their account is very important personal data, and even we all know that it is a privacy.
That distrust makes them reluctant to do it, and it's very reasonable because as you said that we don't know whether our data is safe after being in their hands or not.

Well that becomes one of the solutions that can be applied, because with a limit on the amount of withdrawal they can avoid it by withdrawing more balances smaller than the rules that require them to do KYC.

For online gambling sites that use crypto and don't require kyc, I haven't won up to 1000 dollars, most I only withdraw around $100 or $200. And so far I haven't had any problems. Either someone registers, then deposits with small money then gets a big win. Maybe the casino will do a kyc request or freeze the balance, from some cases I've read on forums. Some people are accused of cheating when they win big, I don't know if this is true or not. Usually I will get a big win after losing the previous deposit

For local gambling sites that use fiat currency, I once withdrew up to $1000. but they require each new registration to fill out kyc, i never had serious problems with withdrawals, nor have i ever cheated at gambling

Not just the fear of misuse of individual data is the issue but the feeling that cryptocurrency related transactions should be discreet and all that pertains to it, so to request knowing your customer or who has registered with you is originally contravening the privacy that encrypted digital currency encourage. Many users who don't freely give out their identity have such views but when they have no choice and have need to withdraw their winnings , they have to do it.

I won x100 on a casino named directbet (it's no more online). It also had sportsbetting but it never required to create an account there, for every bet it allocated a new btc address and when won, they sent the winnings directly to the address specified by us, so they never asked for kyc.
I also won 1000x on a $1 bet at another casino and they let me withdraw it smoothly without any need of kyc.

That's because local regulators also want to get income from gamblers, especially gamblers who can win a lot, so regulators can also provide large taxes as state income. They reject one of crypto's main features but only want users to pay taxes on their winnings, so they also ask casinos to enforce KYC on their members. We as crypto users, also can't do anything because we live in a country that is constantly changing its laws, especially laws, to monitor crypto issues so that they can get news about crypto and use it for their benefit under the pretext of just for the benefit of the state. And maybe in the future, KYC for crypto users will become an unavoidable obligation because all crypto users must do KYC, especially when they get money sent into their bank account.

Perhaps it's because users are worried that their data will be misused by the casino even though the casino is a trusted casino. After all, there is no guarantee that their data can be safe. They feel it's better to look for casinos that don't apply KYC to their users, and even though it's difficult, they will keep looking until they find one.

I prefer the casino to have a limit on the amount of withdrawal so those who don't like KYC can avoid it by not withdrawing more than the limit so they don't have to do KYC. Hopefully, casinos can be like that in the future so we, as ordinary gamblers, don't need to do KYC, especially we only play gambling just to get entertainment.

I know how you feel, I'm also a pretty relaxed person about this rule, but on a few occasions I've felt the same way, annoyed when I've had to wait longer to verify my account.
But as users we also have to adjust to things like this, because sometimes when we play on certain sites we are comfortable and when they apply KYC rules some people may be lazy to find a new site that does not do KYC, yes that's because of the convenience. So as users we must also be able to understand the new policies implemented by the site.

It seems that I have responded to this thread or I have seen a related of this kind before, because when looking at this, many people gamble seriously experienced different kinds of gambling the way I'm seeing it, so I believe many people have noticed or be aware of different challenging of withdrawal and deposit in any gambling websites, so we're I'm concerned is the aspect of withdrawal, getting withdrawal in gambling websites you can have issues at any point in time.

The casinos become very annoying when there are these kinds of demands, I make them because it doesn't matter much to me, and at this point they ask for the kyc for everything, what does bother me is that with the kyc they start to annoy, that they change the documents by new ones, and those people who ask for the new documents, sometimes we also have another job, and that implies getting up early and doing the management, or making appointments , or doing whatever it is with that, so I agree with KYC but I don't Be so demanding, it's the only thing and it's easy to do, I've verified my kyc in a few casinos and it's fast, but some sites are very annoying with it, and that's what should be avoided.

In this case also a concern is where users who are not willing to do KYC even though the casino has a very good reputation, and usually these users will prefer to play at casinos that do not apply KYC to their users.
But now some casinos that previously did not enforce their KYC regulations are also gradually starting to do so, from limits on the amount that can be withdrawn for example. And in my opinion, now casinos that still do not enforce KYC are likely to find it easier to attract users. And I'm sure you already know why.

Verification by the KYC procedure in case of a win, of course, can always be requested by the casino, simply because now in almost all countries where the population has a cryptocurrency and in this country there are points for exchanging cryptocurrencies for local currencies or for dollars or euros, all these measures have become considered necessary  due to tax returns.  And it is understandable that the fiscal authorities of such countries cannot in any way allow people who win in a casino to receive income that is not taxed.  It is clear that the legislation in such countries will be aimed at such forms of control of the population's income.  Unfortunately, when all payments are made in cryptocurrencies, all these KYC checks disavow one of the main features of cryptocurrencies, which were originally conceived as a means of payment and the anonymity of such payments. 
But over the past 14 years since the invention of Satoshi bitcoin, somehow all cryptocurrency lovers only grumble from time to time, but seem to increasingly agree that KYC is a forced unpleasant procedure, but it is inevitable.

Casinos do a lot of promotions to attract more users who will gamble at their place, which means that is income that casinos can get. If gamblers are lucky enough to win from that promotion, they have to pass the wagering requirements, which will depend on every promotion made by the casino. And if any gambler can win with small bets, it will be his luck because only a few gamblers can win big money with only small bets.

Indeed, this KYC issue should concern every gambler, especially those who often win, because the casino will implement or ask the winner to do KYC. The casino may also ask gamblers with small stakes to do KYC so they can continue the withdrawal process. For this reason, we must ensure that when we do KYC, we must be able to be at the right casino, which will not make it difficult for us to verify our account so that it doesn't take long to see that it is already verified.

I am sorry for your experience.  I am quite lucky because the casino I played gives me more than 15x on my bankroll and does not require me to undergo a KYC procedure.  They are crypto casinos and have special rulings that when the need arises, they will require KYC verification.  But I have never asked for this kind of procedure even if I won several times on their platform.

So I believe it is better to read the casino's ToS first and when there is a need for KYC, we should passed the KYC first before playing on the casino platform to avoid the kind of experience you had.

If something like this had happened to me I would have been very upset with the casino, what I can think of that casino is that they did not approve the KYC for you to spend the money you won, it was also a stupid mistake for you to continue betting, you would have been waiting haa that they approve the KYC, casinos when they start with these things make me annoyed, because I don't know how many documents they should require, that is something that I do not agree with, if they sent the KYC the minimum that should be done is to approve them, because Sometimes looking for more documents is annoying and that they don't approve it is worse, I actually would have made a reputation thread because something like that is not honest.

I understand you plight and it is a sad experience to have lost all your balance without being able to withdraw any amount from it,  this is always a pain in the ass when you can't do shit about some situations and this time you were left with no option than to just gamble all the balance away all from the frustration of being unable to pass through the kyc process.
This is what made me to always make the choice of first passing through kyc and getting my account verified before making any deposits attempts on new casino,  I have not experienced stocked balance before but I have learn from the experience pf many others who either lost their entire balance by either trying to meet the wagering requirements or waiting for kyc verification approval.

Best other option is to avoid kyc casinos and only look out to play only on decentralized casinos that does not mandate players to go through kyc process.

Lack of patience had a blow on you and that is why doing KYC first and passing it is actually encouraged. It is a good thing to have acknowledged that it wasn't the casino's fault, you wanted to continue winning while your KYC was cleared but it didn't happen like that unfortunately. I would have heard myself back from such temptation to continue playing while waiting. Sometimes withdrawal gives you a kind of respite and a relaxed mind to be better in your games. Maybe you would have won bigger if you were able to withdraw the first time. So after losing the money, did you continue with the KYC?

Actually, it is not always the casino's fault when our KYC gets rejected but it might be an issue from our side that caused that to happen and we should look from our own side first before going ahead and blaming the casino. When they reject our KYC application, they would usually let us know what the issue is and what we need to do if we want our application to get accepted, if we follow the steps and redo everything in a better way, we might get through it.

Also, a responsible and sensible gambler wouldn't gamble away what they have managed to win, even if they want to gamble a bit more, they will set a limit for themselves from the total balance and if they lost that amount, they would stop right there so that they can at least withdraw some profit.