Topic: How to self exclude from anonymous gambling sites - page 31. (Read 6797 times)

I don't understand why kyc from banks annoys you. Because that's literally the reason they need to do KYC. Ande that's the reason they are getting caught as well. Banks are not doing it to annoy you. In fact if it would be up to them, they wouldn't need any id from any customer. That's because they would happily launder more money if they could. That would just make them more money. It's FATF and FinCEN and FINRA and such who wants them to comply with financial regulations so that they wouldn't launder money. And it's not just the banking sector who have to comply. It's tax advisors, all firms dealing with finances or customer's money flow etc.

True that, there are under-the-table negotiations being executed in the banks.  In my country, there was once an issue with a popular bank being involved in money laundering[1].  Human is the one managing a bank and human nature has many flaws including corruption and greediness.

Legally operating casinos might not be the next target of the government but the crypto casino that is operating illegally or the one that they called themselves a decentralized crypto casino.


Well, that is how the system operates and we cannot do something about it.  The system implemented by the government has major flaws that are taken advantage of by financial institutions to make their shady activities legal.  

---

[1] https://www.philstar.com/headlines/2023/04/21/2260443/ex-rcbc-managers-conviction-over-81-million-cyber-heist-affirmed

You do still get shocked with these things which it turns out to be already that typical or in default? For those people who are on the peak or top spot then expect that the ywould really be having the power on changing up on everything and would really be excluded on the rules that they have been set or into those things which are near to them. This is why when it comes to this kind of scenario
then dont make yourself that shocked because we do live on a cruel world where equality is something that cant be possible.There would really be always those things that would be sitting on the top. Speaking about self exclusions on gambling sites, then this is a known feature but i dont see that people who are addicted truly will really be making use of it.

For that same reason, we must Learn to be a little more irreverent when it comes to authorities, just like with governments, they only want things, treasures, and more money, for themselves, so what is not Correct is that a natural person, in particular, allows them to have freedom, even to play they have to ask for permission or else , they have to give something to the Governments , that is, give them even taxes, but even so, when they do not Demand taxes , which is also true, that everyone will reach one day, because they rely on KYC to tell people that they have to have their identification, identification that in one way or another they will obtain, either by asking directly to the casino or by order. of any jurisdiction that they have present in their casinos, therefore when we have gone to casinos and they come out with so many KYC Requirements , Yes, it is Annoying , but oh, it is a requirement that is difficult to Avoid.

The issue here is that well, I always say , Comply with KYC in the casinos that have a high reputation, a lot of trust, there are some in the forum and they are the best in the world, that's what I believe, but in particular I always I have said that apart from this, the casino that we are doing its KYC has to accept the KYC without so many Obstacles, because I have seen that casinos where the person plays and wins big, the casino's strategy is not to approve it quickly so that it does not withdraw , and that the player falls into the temptation of Continuing playing until he loses his money, which seems very unethical to me and a casino that does something like that, a casino that should be published on bitcointalk, because one of those Plays is Invalid and  I dare say that it is even dirty, for that reason we have to do Other types of things, see their ANN thread , like their comments, and see how much Community and audience the site has, the rest of the things that can be avoided There are a lot of them when you Don't play in those games.

It annoys me seeing that the most demanding institution for KYC is the banks and yet they are the ones being so vulnerable when it comes to money laundering, kyc and other measures to take against any form of criminal activities, maybe it's because the political power in them is what is making them behave such manners because they can only go against the average user or citizen, but not after the government looters saving with them.

Yeah, its a global kind of problem which it had been existing for ages and its something that already been part of this world because there would really be those fellas who would really be loving to launder money for their own benefit and this is something that really happening into this world. Doesnt matter if it would really be done via on gambling field or would really be done by other means then it wont really matter that much.
Going back into the topic about KYC then we do know that gambling sites mostly are really that having a license on which means that they are really that regulated on which means  that on the time that they would really be making out such operation then it would really be just that normal that they would really be needing to comply on what are the rules that had been set out or the regulation that they are really that needing to follow.

Going back about self exclusion then this is something that would really be pointless because this is a feature on which it could really be that be just rejected specially
into those people or gambler who do have that extreme addiction.

Bank is the most kyc financial institution and yet the most used for money laundering and all other illegal money movement within the system a situation where it has become a tradition for most traditional banks to have money moved the bank or outside without any trace, this traditional money mixing methods have been at play for God knows how long and what we stand to expect, so for sure even casino may become victim or tool for money laundering regardless of what the nature either KYC or not, but also alot of time, casino already have some systems in place census some things around the casino such as implementing the KYC feature or wager requirement on all deposits,  this way it become hard for the money to get mix without going through the casino system.

That is something politicians and regulators sometimes seem to forget to be honest. Money laundering is a very old and unfortunate phenomenon and has probably existed since banking was established as an important part of the economical movements within a society. Though, while people and common gamblers just want to be let alone and gamble and move their hard earned money as they please, we can end up being asked a lot of documents all of it while the actual launderers who move millions at the same time are not under any scrutiny. If you would like to have a closer look tons fairly recent scandal, you could search on the internet about the involvement of Deutsch Bank in the laundering of assets and capital.
Curious how a big centralized bank / Corporation will always have more capacity to launder more money than  any cryptocurrency or decentralized application will have (at least for now).
In the worst case scenario, casinos will start to ask us to summit also biometric information in the future, so we can continue to roll dices and play slots with them, all of it pushed by regulators. 

Ordinary people are never involved in money laundering, only those who have billions of dollars or who are involved in politics are involved in money laundering. And those involved in money laundering have enough power to back that up. So I agree with your comment that it doesn't matter whether kyc or non kyc casino is there for money laundering. But KYC issue is very important for common users like us because we don't have enough power to backup any illegal activity.

KYC or no KYC, money laundering will still be occuring. Like I have said before, money laundered are mostly in the banks, with well reputed people including rich men and politicians laundering the money. Money laundered are mixed with money in a business and to trace it is difficult unless the root of how the money is laundered is known.

As far as i know, if we ever come to a stage where even mixers have to start requesting kyc verification from their prospective customers, then their entire purpose is completely defeated, since the only reason why people use mixers is for privacy matters, and immediately mixers introduce kyc, then that purpose is totally defeated since there is a 100 percent chances that they will also be sharing the kyc details of their customers to or with the government as soon as they request for it.

And speaking about mixers surviving without kyc, i don't mean to sound pessimistic but I see this not ever happening as along as the government continue to tackle and go far them, and needless mention or say that, if we ever get to a stage where crypto users have to pass kyc verification before they use a mixers, of what sense does it make? It's better to just use a normal wallet and transfer your fund since it doesn't make any difference, based on my personal view.

Of course, gambling can't be as bad as it seems and more reason I caution those who are preaching fear that people should run away from gambling after their first bet people they might lose afterwards, which is bad. Let me start by saying that people who are gambling do not know gambling itself, they are just forcing themselves into playing it mostly because they believe there are opportunities to make money from it, but it will rather punish such people if this is the case. Gambling must be known, and a working and earning system must be devised from it for the gambler to make money. Just like your friends, they must have known their pattern of gambling and what works best for them. This explains why some people can do you harm if you tell them not to gamble again simply because it's their way of making money.

Also, about mine, I know my pattern of gambling that makes money for me and it surprises my friends when they see my betting slips and don't believe it's possible. But that is the reality. These guys might even know how to gamble more than me, but I am working with some kind of expertise and smartness more than them which makes me unique about mine. But still, to gamble is never by force and it will never be suitable for everybody, which is why you do not have to push it too hard if it is not working for you. This is why we can't be entirely justified in our advice for others here since no matter how some people try, they can't win consistently in gambling. Such people can either turn their reason for gambling to a fun-filled avenue and gamble with little money while it entertains them. Or find the means to excuse themselves from it if it's becoming an obvious issue for them.

Which mixer requires KYC? As far as I can tell, mixers are still trying their best to survive without asking for KYC from their customers, going as far as using Monero and so on. Probably won't last that long, unless they don't plan on dealing with US customers with IP filters or something similar.

Just keep in mind that higher staking rewards likely mean higher risk, especially if you're not really locking your funds on the blockchain. For example, staking your BTC on exchange basically means allowing the exchange to use your money for whatever they wanted to, and there's no guarantee it will return to your hands with no problem.

KYC will be required to all casino sooner or later , like what happened in Mixing company , Casino site is also a place where Laundering is happening and the government will always against that so in time casino will be the next target.

but since OP is talking about using the funds as staking then there are lot of wallet /exchange that offers even more or bigger staking percentage.
so OP just need to find what is better and what is suitable for her.

Unfortunately it's not easy to define which amount of funds you can afford to lose, because it's a very subjective thing. Losing $2000 in 2 weeks it's not the same thing as losing them in 2 hours. And even if it's not critical for your budget, you will feel bad to have lost such amount for nothing. And then you can start to feel like it's a big loss of money you could use for something else and you can't accept it.

That's true; most casinos now actually require kyc, and from what I can see, other gamblers are gradually accepting to just submit kyc instead of having problems withdrawing their funds from their frequent gambling.

Now if we are going to use non-custodial wallets, there are only three that can be said to be good for me: metamask, trustwallet, and keplr, depending on what each individual wants from what I mentioned.

Can we stay on the topic please ? because this topic is for Self excluding and not about your
sentiments about gambling opportunity and advantages , so lets work on how we can help other gamblers to be safe
in their activities at least in short time that they will not spend a single amount , that would be a big time for them
to have a thinking to what must be the next step and may consider resting longer from gambling when they are
free from betting?

thats two best thing also to lock the funds and completely have no chance to withdraw for a certain time.

So what are you saying is that locking your funds to stake to avoid using it in gambling sites. I personally think that was a good idea, a similar idea is having a ledger and stake your coins inside the ledger (As they have a feature like that) in that way, it would be hard for you to deposit or use your wallet because:

1. You need to physically plug your Ledger and manually open it (which is very hassle)
2. You also need to manually approve transactions within the ledger

The only thing I am not sure is that whether there's something like locked stake features like in Atomic wallet or not. The benefits you can get from this method is that you'll not lose your money to gambling but earning more instead with staking (Not unless the crypto crashes).

How they say that ideas are telepathic!

While you're busy brainstorming on a particular thought in another part of the world, same time, another person who assesses that same frequency of thought is assessing the same idea also, the variation is just standpoints based on experience which is characterised by usage.

Similar idea dropped in my head but its on the Eth chain. Using smart contract lock feature regularly used on lp pool to lock your funds for a period of time.

Currently, I don't see the existence of a dedicated lock application for crypto in particular wallets

Of course, there are people who will addicted, but possibly to anything to be honest: videogames, sitcoms, gambling, tobacco, other stuff... but that does not mean that it cannot be controlled by following some steps but it is the will of the people that matters and people rarely take the first step which is accepting that they are not fully in control of some stuff.