do anyone have done this? with gambling platforms - page 26.

coin-investor

hero member

Activity: 2856

Merit: 578

Leading Crypto Sports Betting & Casino Platform

Quote from: Ziskinberg on July 21, 2023, 09:27:20 AM

I think their KYC mechanism will trigger on big wins. I haven't won a big amount from a big multiplier, so I cannot say for sure about it. However, based on my observations of some gamblers, they seemed to complain about the site requiring them to undergo a KYC process just to withdraw their big winnings. This seems to be a normal practice nowadays, so be prepared to comply if you want to withdraw your funds. Make sure to read the TOS carefully before signing up.

For me, complying with KYC is easy, but winning x1000 is almost impossible.

This is something every gambler should expect as long as they are gambling in casinos they have a chance to win x100 times or x1000 times although it looks impossible so you have to be ready to do KYC because its in their terms and you accept it when you sign up, deposit and play and there are instances that even if you did not win a huge money they will still you to undergo KYC because of anomalies in your betting.

Whether you are a newbie or a long-time bettor VIP expect a KYC when they think they have a need for you to do KYC you have to go through KYC if you think that KYC is not for you then we have the web3 platforms but between centralized casinos and web3 many gamblers prefer he former than the latter.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

Quote from: Ziskinberg on July 21, 2023, 09:27:20 AM

I think their KYC mechanism will trigger on big wins. I haven't won a big amount from a big multiplier, so I cannot say for sure about it. However, based on my observations of some gamblers, they seemed to complain about the site requiring them to undergo a KYC process just to withdraw their big winnings. This seems to be a normal practice nowadays, so be prepared to comply if you want to withdraw your funds. Make sure to read the TOS carefully before signing up.

For me, complying with KYC is easy, but winning x1000 is almost impossible.

It's about about the big win on cases with reputable casino since they have a lot of high roller that constantly wagering huge amount and withdraw their balance.

I think a big win that trigger KYC are typically from an account that demonstrate incredible luck which normal player doesn't have. This is the time casino will investigate and ask for KYC. But on shady casino. They really using KYC to block withdrawal and accused user that won a jackpot of cheating.

Negotiation

sr. member

Activity: 1092

Merit: 267

Need a Helping hand? https://tinyurl.com/2p94uabm

Quote from: Wiwo on July 20, 2023, 05:48:39 PM

Quote from: dothebeats on July 20, 2023, 05:29:13 PM

The only time I did this was with betcoin.tm, a now-defunct gambling website that has a wheel that you spin to get prizes. This was in 2015, and I managed to turn 0.01 btc to 1.5 btc in a single-day, though I had to wait a week for me to get the prize as they are 'validating' the win through whatever means that they did. It was quite a fun process to win that amount although claiming the win isn't. Most casinos nowadays will take a few days or even weeks for them to release a big payout out of a small amount. If anyone ever won that today, and get their prize without problem, it usually is from an amount that has deposited a lot in the casino and has a reputable standing on their platform.

Men that was a lucky spin in my opinion, turning 0.01 BTC into 1.5 is something that needs to be remembered even after a long time, I hope you did not spend the Bitcoin at that time, because the price of Bitcoin at that time will be very low compared to now that the value of that amount of jackpot culdrun unto millions of naira in my local currency, so that is indeed a big win in for you that you cant truly forgets easily.

I agree that the value of bitcoin was much lower than, the jackpot is much lower now than before. Because investors and traders assume that there will be a supply shock. After the halving, demand remains strong and reduced supply diminishes. Other factors such as market psychology regulatory agency progress, and global events can also affect the price of bitcoin. Nowadays it is not easy to win big from casinos many casinos don't give rewards and scams are high.

Ziskinberg

hero member

Activity: 2926

Merit: 636

For campaign management look for Little Mouse!

I think their KYC mechanism will trigger on big wins. I haven't won a big amount from a big multiplier, so I cannot say for sure about it. However, based on my observations of some gamblers, they seemed to complain about the site requiring them to undergo a KYC process just to withdraw their big winnings. This seems to be a normal practice nowadays, so be prepared to comply if you want to withdraw your funds. Make sure to read the TOS carefully before signing up.

For me, complying with KYC is easy, but winning x1000 is almost impossible.

Awaklara

hero member

Activity: 1092

Merit: 670

Quote from: cafter on July 20, 2023, 09:30:11 AM

anyone deposited very less amount and luckily won a big jackpot like a 100x or 500x or 1000x of base bet and withdrawn without kyc or without facing any problem from the platform?

which casino will give a big win on an account that just deposited a small amount?
Casino will definitely process KYC with large amounts of withdrawals. there are many considerations to be made. especially if there is a possibility that the gambler's account will withdraw money from what they deposit, not from winnings.
more casinos now prioritize KYC verification. if you don't like it we can choose another platform. always read the rules of the casino before playing or before depositing your money.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: masulum on July 21, 2023, 06:37:22 AM

that's right, it seems that for wins under $10K gambler will not be asked to do KYC as long as the account used is not indicated to be committing any kind of fraud. I once withdrew $2K from a gambling website, no need for KYC for any identification, except email and cellphone number. of course $2K is small in other countries, but in Indonesia it is a lot of money. Even the sites accessible from Indonesia, they are not asking any KYC for that.

And actually, we've seen how people refuse to do KYC because they say they didn't do any fraud and won honestly. But the casino must have strong evidence to prove they have committed fraud. You were lucky to withdraw the money even though it was big, but I guess that's because you didn't do anything to make the casino suspicious. This is where gamblers must realize that whatever they do, the casino will know and will take strict action against those who commit fraud.

348Judah

hero member

Activity: 714

Merit: 521

Quote from: cafter on July 20, 2023, 09:30:11 AM

anyone deposited very less amount and luckily won a big jackpot like a 100x or 500x or 1000x of base bet and withdrawn without kyc or without facing any problem from the platform?

It all about what their policy says first.

It can happen even though am not part if this kind of experience before, once you meet up to their requirements and the gambling platforms is not a scam, they will always give you your winnings regardless of the stake amount you made, most people get one or two challenges because they fail to comply to their terms, except of the gambling platform involved does not require KYC as well, all these may also come with ease for you to make withdrawals whenever you win.

bangjoe

hero member

Activity: 1400

Merit: 674

I once did that, a deposit/small deposit then won the victory until many times, but in the era when I was not required to be KYC or the KYC policy was upright, and on average all the exchanges received it before.
But today I think no one does not apply the KYC, it becomes a mandatory regulation that must be done if you want to attract victory above the minimum.

Quote from: bitbollo on July 21, 2023, 05:47:10 AM

I have been registered on a betting/casino site for many many years...
I have won several times bets at x100 / x200 (perhaps playing a couple of dollars) but I have never been asked for a "forced KYC" just I have simply provided basic data. I think there are many of this casino that allow such withdrawal without further requests.

Is there a casino like that?
I am very interested and want to try it, you may recommend one of the casinos that gives such a leeway, sir. Or maybe the withdrawal limit on their platform is higher than the general casino limit?

FatFork

legendary

Activity: 1624

Merit: 2594

Top Crypto Casino

Quote from: masulum on July 21, 2023, 06:37:22 AM

Quote from: ethereumhunter on July 21, 2023, 06:30:38 AM

But if your account is clean, the casino will process your withdrawal quickly. But the casino's request to do KYC must be fulfilled first, especially if you win a large amount.

that's right, it seems that for wins under $10K gambler will not be asked to do KYC as long as the account used is not indicated to be committing any kind of fraud. I once withdrew $2K from a gambling website, no need for KYC for any identification, except email and cellphone number. of course $2K is small in other countries, but in Indonesia it is a lot of money. Even the sites accessible from Indonesia, they are not asking any KYC for that.

I think it largely depends on the casino platform. Some casinos will not ask for KYC even for amounts of several thousand dollars, if there are no other suspicious things with the account, while others will ask for KYC on the first withdrawal, even for insignificant amounts.

I understand that certain regulatory requirements mandate casinos to perform KYC for larger transactions, be it deposits or withdrawals. However, I remain skeptical about casinos that insist on KYC for initial withdrawals without any specific reasons. This practice seems unfair, as it appears some gambling platforms may exploit KYC regulations for their own advantage. They allow unrestricted deposits but immediately request personal documents when players attempt to withdraw winnings. This tactic could discourage some players from withdrawing, potentially leading them to continue playing until they lose everything.

masulum

legendary

Activity: 2254

Merit: 1596

hmph..

Quote from: ethereumhunter on July 21, 2023, 06:30:38 AM

But if your account is clean, the casino will process your withdrawal quickly. But the casino's request to do KYC must be fulfilled first, especially if you win a large amount.

that's right, it seems that for wins under $10K gambler will not be asked to do KYC as long as the account used is not indicated to be committing any kind of fraud. I once withdrew $2K from a gambling website, no need for KYC for any identification, except email and cellphone number. of course $2K is small in other countries, but in Indonesia it is a lot of money. Even the sites accessible from Indonesia, they are not asking any KYC for that.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

I've never won a big jackpot like you said but I guess the casino can ask you to do KYC if they find any suspicions about your account. The casino will investigate your account before they process your withdrawal to ensure that it is completely cleared of any illegal activity.

But if your account is clean, the casino will process your withdrawal quickly. But the casino's request to do KYC must be fulfilled first, especially if you win a large amount.

Frankolala

hero member

Activity: 700

Merit: 523

Leading Crypto Sports Betting & Casino Platform

Quote from: cafter on July 20, 2023, 09:30:11 AM

anyone deposited very less amount and luckily won a big jackpot like a 100x or 500x or 1000x of base bet and withdrawn without kyc or without facing any problem from the platform?

if yes, how much was that amount? and what was the exchange?

i seen many people complaining about they don't give big wins easily or just don't give by making unanswerable queries like very hard KYC, freezing accounts, etc. this problem is very common with trusted casino's also/

do anyone withdrawn successfully the winning amount and if yes what was the process, it was seamless or you need to pass a hard kyc?

This all boils down to the casino that one uses. Some casino can allow you to deposit little amount and when you will big,you can withdraw without the casino asking you of KYC and it still depends on the amount won. A non KYC casino wouldn't have a problem with your withdrawal

On the other hand if it is a KYC casino,it still depends on the amount won because if the amount is not a shock to the casino,they might not bother about KYC,but if it is a shock,you wouldn't escape providing all necessary requirements for you to withdraw your wins. I haven't won big with a small about before.

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

I have been registered on a betting/casino site for many many years...
I have won several times bets at x100 / x200 (perhaps playing a couple of dollars) but I have never been asked for a "forced KYC" just I have simply provided basic data. I think there are many of this casino that allow such withdrawal without further requests.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: cafter on July 20, 2023, 09:30:11 AM

anyone deposited very less amount and luckily won a big jackpot like a 100x or 500x or 1000x of base bet and withdrawn without kyc or without facing any problem from the platform?

if yes, how much was that amount? and what was the exchange?

i seen many people complaining about they don't give big wins easily or just don't give by making unanswerable queries like very hard KYC, freezing accounts, etc. this problem is very common with trusted casino's also/

do anyone withdrawn successfully the winning amount and if yes what was the process, it was seamless or you need to pass a hard kyc?

The casino is a big business in which we knew they are only protecting their interest , meaning if we are talking about huge amount then indeed expect that they need to ask each security thing for their safeties .

also we knew that Cheaters are going against casinos , and for how many years they are winning for their activities and this is the reason that sites made those tight security though some sites uses this to abuse their powers to not giving the winnings.

but for me personally , I am not that lucky to win that big amount .

Fivestar4everMVP

legendary

Activity: 2254

Merit: 1052

Leading Crypto Sports Betting & Casino Platform

Quote from: serjent05 on July 20, 2023, 07:33:38 PM

I won a big amount from Fortunejack way back years ago, as I stated on other threads, I won a total of $25k from a 100 satoshi bet, I am able to withdraw the fund without any problem but as I remember, I am also enrolled on their affiliate marketing, thus I have to undergo and have my account KYC'ed. I just can't remember if I did that KYC before I got and withdraw the winnings or if I have done it prior to that. But regardless, it was a satisfactory experience withdrawing that huge amount of winnings without any problem.

You are one of the lucky few mate, trust me, 25k dollars, oh Man, that really a handsome sum if compared to the amount of bitcoin you staked on the bet, and also lets not forget that you said years ago, which means bitcoin was even way cheaper back then, if today, 100 satoshies is worth $0.03, it means that at the time or year you won this amount, 100 satoshies might not even be up to $0.005, this is unbelievable and a big congratulations even though its billeted.

i just dont mind asking if this was won on sports betting or by playing slot games/?

piebeyb

legendary

Activity: 2296

Merit: 1038

Leading Crypto Sports Betting & Casino Platform

Quote from: Kakmakr on July 21, 2023, 01:29:19 AM

So, it is possible with the bigger casinos, but I know some of the smaller casinos will use KYC verification to stall the large withdrawals.

I see it a lot like that where there are some people who withdraw thousands of dollars without KYC from big sites, I don't know why small casinos ask for KYC identity do they have no money to pay their users so that makes things more complicated, it's clearly fraud and cheating that's why I never play seriously in small casinos.

Playing in a big casino that has a high reputation certainly clearly makes me more comfortable so I don't have to complete KYC because so far I have played without having to KYC calmly as long as I don't break the rules and get suspected by the casino system, everything will be safe and fine, even though I just a small gambler there is no complicated problem about KYC.

CryptSafe

sr. member

Activity: 728

Merit: 421

Quote from: danadc on July 20, 2023, 04:07:26 PM

Quote from: CryptSafe on July 20, 2023, 02:23:37 PM

Quote from: cafter on July 20, 2023, 09:30:11 AM

anyone deposited very less amount and luckily won a big jackpot like a 100x or 500x or 1000x of base bet and withdrawn without kyc or without facing any problem from the platform?

if yes, how much was that amount? and what was the exchange?

i seen many people complaining about they don't give big wins easily or just don't give by making unanswerable queries like very hard KYC, freezing accounts, etc. this problem is very common with trusted casino's also/

do anyone withdrawn successfully the winning amount and if yes what was the process, it was seamless or you need to pass a hard kyc?

I remember my friend telling me saying "buddy if you want to catch a big fish, use a big bait" do not expect to use a small amount to win a mega prize on casino mate. Casinos too are wise and as such would not make such mistake. You win according to your X input. So do not be carried away.

Lastly, I have not seen any huge amount won on casino that does not requires kyc even the so called free kyc platform at some pint demand for kyc whenever there is a huge win on their casino. No casino wants to g against the polices governing casino operations in their various jurisdictions so they would deal with caution by obtaining kyc for huge wins.

What your friend says is very wise, but it also depends on the economic situation of each player, I can bet a lot of money, but if that much is my everything, well, my money runs out in two or three plays, I don't rule out the option of winning something, because sometimes luck can make the difference, but if I'm looking to win a lot, I have to have a lot of money that I can lose and then I don't regret it, that's why I say, you can always arrest. gar as long as you are not going to decapitate yourself and run out of money for anything else, because later how do you do it in daily life? daily life is not a casino.

For sure I expected it such way just like the popular sayings that says " garbage in garbage out" expect it that way as what you give out is what you get in. If you gamble with higher funds, the xfactor would be huge as well but when you gamble with small funds, expect it same way too. Nobody set up a business venture for charity purpose. Casinos are not exempted as they are for business too. Amd you should also not that in every game, there must be a winner and there must be a loser so the choice is yours to decide.

iv4n

legendary

Activity: 3164

Merit: 1175

Quote from: Kakmakr on July 21, 2023, 01:29:19 AM

Well, I just started gambling at a very popular casino, when I suddenly won $5000 .... so I withdraw $3000 and I left $2000 to continue gambling. This casino did not ask any questions.... I made several smaller withdraws over a period of a week and they allowed all of those withdrawals. (I later found out that some of my friends withdrew $10 000+ in a day, without KYC verification)

So, it is possible with the bigger casinos, but I know some of the smaller casinos will use KYC verification to stall the large withdrawals.

It's so good feeling when luck shines upon us and we "suddenly" win some nice amount... Enjoy your winnings!

Even some bigger crypto casinos have weekly/monthly limits for withdrawals... but even those limits are high for most of us! They say it's there to ensure the casino’s financial stability, which makes sense if a few people get really lucky on the same day, but I think it's more about keeping the player and his money on the site. Most likely he will continue to gamble.

adzino

copper member

Activity: 2968

Merit: 574

www.Crypto.Games: Multiple coins, multiple games

Quote from: cafter on July 20, 2023, 09:30:11 AM

anyone deposited very less amount and luckily won a big jackpot like a 100x or 500x or 1000x of base bet and withdrawn without kyc or without facing any problem from the platform?

if yes, how much was that amount? and what was the exchange?

i seen many people complaining about they don't give big wins easily or just don't give by making unanswerable queries like very hard KYC, freezing accounts, etc. this problem is very common with trusted casino's also/

do anyone withdrawn successfully the winning amount and if yes what was the process, it was seamless or you need to pass a hard kyc?

If you are asking if any people out there won like thousands of bucks, while depositing like $10 or $15, then yes, there are a lot of such lucky gamblers. And I am sure there are lot of people that were able to withdraw their funds without any issue. As long as they didn't abuse anything, then they should be fine with withdrawing the money. But, if the platform has KYC, then yes, you might be asked to pass your KYC before they can process your withdrawals. Some amount will automatically trigger the KYC flag due to legal reason. Unfortunately, most people think it is a way for the casino to deny your winnings/funds. Not really...

Do you think a casino would risk their reputation for only few thousand bucks?

tusandii

hero member

Activity: 1540

Merit: 521

Leading Crypto Sports Betting & Casino Platform

Do you realize that casinos are set up to be in business and it is absolutely impossible that you can deposit a small amount and win a large amount, the casinos will not let that happen.
If you want to withdraw large amounts without KYC you should use a non KYC casino you can trust and here on the forums there are a few of those casinos but lately there have been a lot of complaints about the KYC requirements for large withdrawals.
But giving KYC is not difficult because this is related to large nominal money so anything must be done so that we can withdraw the money.

Topic: do anyone have done this? with gambling platforms - page 26. (Read 3654 times)