I am opening a crypto casino / sportsbook what should we add? - page 10.

Betcrypto.cr

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Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Moat of these features you have mentioned are available on many casinos and I want you to try look for some interesting features apart from the ones you have listed. Gamblers need to see something unique that will make them want to leave there current casino and go for a new one that has nice features than the one they are suing with simple interface.

Yeap that is why we are asking feedback from players
We want to implement those features in our casino

Quote from: Slow death on November 06, 2022, 05:49:53 PM

as everyone has already said, it will be very difficult not to ask for KYC unless you want to run a casino without a license, and that would already be a crime that could punish you and punish customers and I doubt that there are many people willing to risk creating an account in a casino without leave. what I think you should add is that you have to put people with programming and support knowledge and give support people training so they are quick to solve people's problems

Well we have a Costa Rican license and we are in rule with Costa Rica gambling laws

we are from Costa Rica Wink

Quote from: Mr. Magkaisa on November 06, 2022, 10:35:22 AM

Quote

1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount

- No offense to you OP, but I doubt what you said. Do you know that as far as I know, many people make such rules and regulations in crypto gambling that usually in the end they do not fulfill what you said?

That's why I've seen a lot of people complaining that this is the reason for most gamblers, they say there are no KYC rules, but when they are about to release the winnings of large amounts, the gambling platform suddenly asks the gambler to provide KYC. theirs.

How can it be proven that you will do and fulfill this thing without KYC? Are you sure? it's even better to say no early so that other gamblers don't waste their time, then others are okay to submit KYC as long as it is under government regulation.

Yeah we are sure we will never ask for KYC or any personal info

Quote from: jrrsparkles on November 06, 2022, 10:38:51 AM

Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Basically you're creating a casino with no knowledge at all, you can't operate a casino where it is banned legally by the government so no casino can exist worldwide and more to that different countries have different restrictions which forces the casinos to collect more personal data and other information and has to be reported to IRS and respective officials whenever its needed.

I would like to have one as you mentioned but practically it is not possible, anyway the point you asked add instant withdrawal and zero fee is possible. Cheesy

Well you are talking about other countries regulations we are from Costa Rica and we only follow Costa Rican laws our gambling law is different we are not required to collect any personal data and we are allow to accept bets from any where

About the instant deposit and withdrawal yeah we are working on that we have instant deposit and for the first version the withdrawals are going to be manual

[moderator's note: consecutive posts merged]

LEVSKI7

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Which odds provider will you use.will there be personal limits for players

Betcrypto.cr

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Quote from: Cantsay on November 06, 2022, 06:40:55 PM

Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Your website states that you won't be accepting people from Costa Rica.

Mind if I ask why?

Because the Costa Rican online gambling law does not allow me to accept players from Costa Rica

Quote from: Viscore on November 06, 2022, 05:30:55 PM

Quote from: UserU on November 06, 2022, 03:49:32 AM

About #1, many casinos have touted this but in the end, it's ultimately to protect the casino's interests.

Are you sure you guys aren't gonna process KYC in case some withdraws or deposits are suspicious?

No KYC requirement I think might not work for a new casino like in some instances where a gambler makes suspicious deposit or withrawal. Most likely, if you stick to that, your casino might not last longer as the house will be taken advantage by some wise gamblers. I suggest do not go for a KYC free the whole time, that’s fine with small bettings and small winnings, but for high rollers that are also capable for big winnings, you can always require for KYC like established casinos do.

No, we are never going to ask for KYC we have a limit bet amount per account
We are going to take normal small bets at the beginning >$100 when we have a big bankroll maybe we can start incrementing the account limits for high rollers

[moderator's note: consecutive posts merged]

Cantsay

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Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Your website states that you won't be accepting people from Costa Rica.

Mind if I ask why?

And I also think you should add link to your website in Op so others can easily access it.

Betcrypto.cr

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Quote from: serjent05 on November 06, 2022, 05:25:34 PM

Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Get a license but once you got one you are automatically subject to regulation so the 1. would be a hopium for those who are looking for a no KYC policy which will never happen Grin

Better to modify #1 and never promise that there is no KYC.

Quote from: Betcrypto.cr on November 06, 2022, 01:31:35 PM

I was born in Costa Rica and still live in Costa Rica so i will follow my country regulation so with current regulation i can operate legally an anonymous crypto casino

But without any license or if you acquire a license not recognized by the majority of the country, you will be operating illegally. Isn't that another concern?

Hehehe no it is not hopium we have a Costa Rica license and we are not required by law to ask for KYC

also, it is not a concern to us because we live in costa rica so we only follow costa rica laws

passwordnow

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Quote from: Bitcoin Gambling on November 06, 2022, 09:17:24 AM

Quote from: UserU on November 06, 2022, 03:49:32 AM

About #1, many casinos have touted this but in the end, it's ultimately to protect the casino's interests.

Operating in Crypto space for 5+ years. Never asked for KYC.

Check Chain-Bet.com.

Thread - https://bitcointalksearch.org/topic/chain-betcom-on-chain-no-kyc-15x-win-provably-fair-since-2016-1492457.

I didn't know about it but I've heard them and I'll take a look that they've never asked for KYC. I know that it's a different genre of game that won't usually be in the eyes of those who ask KYC but good job for doing that.
It seems that the concern of the majority is all about #1 and if you have maintain that for 5+ years then that's a really consistent thing on you that you can boast but it's a different genre for the casino that op will be launching and most likely they'll ask for it in the future.

Betcrypto.cr

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Quote from: Saint-loup on November 06, 2022, 05:38:53 PM

Quote from: o48o on November 06, 2022, 05:04:02 PM

Quote from: Betcrypto.cr on November 06, 2022, 01:31:35 PM

I was born in Costa Rica and still live in Costa Rica so i will follow my country regulation so with current regulation i can operate legally an anonymous crypto casino

I looked it up and your government will tolerate this kind of operation as long as you don't offer your services to Costa Rican residents nor you can use their banking system for it. So hopefully you are getting your expemses paid with crypto only. Because there's no bank in the world that will deal with your money as long as you are not following any aml laws. Even crypto cex:es get their orders from regulators and get to froze your accounts if asked.

And obviously when you make money from this you need to pay income tax as costa rica isn't pure tax heaven, so i am wondering how will you do that without possibility to convert anything to fiat? Perhaps your lawyer has figured it out as i sure haven't.

Also i wouldn't really see that my money would be safe when there are no regulations preveting you rugging everyone.

Nitrobetting is also operating from Costa Rica, and exclude requiring any KYC of any form at anytime in its ToS and nobody tell them such things. They even benefit of a rather good reputation here AFAIK. So I think OP could really be able to provide that, moreover if he is fair and honest he can warn users and let them withdrawing their funds before applying a new KYC policy if one day Costa Rica authorities require it.

Quote from: ?? on ??

Thanks we are just going to work with 1 Visionary iGaming also known as VIG they are also from costa rica all the dealers are also from here

I didn't have the opportunity to play at this provider until now but what you are saying entice me to try it.

ohh yeah you are right i forgot about Nitrobetting they are from costa rica also and they have never ask for KYC
I will add to my TOS that if we are someday required by law to apply KYC we are going to notified users before applying it

PX-Z

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Quote from: serjent05 on November 06, 2022, 05:25:34 PM

But without any license or if you acquire a license not recognized by the majority of the country, you will be operating illegally. Isn't that another concern?

This is how most crypto casinos operate in the past not until when they try to add more fiat payment options, business insurance, more games from a licensed provider and probably required them to be licensed as well. Since KYC requirement is a thing needed to ask for AML by the government so be it.

Betcrypto.cr

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Quote from: o48o on November 06, 2022, 05:56:25 PM

Quote from: Betcrypto.cr on November 06, 2022, 05:14:41 PM

We don't need to pay any income tax virtual casinos and sportbooks are except of taxes
Also, if any costa rican virtual casino rug, you can still sue the company for fraud.
Here are some examples of popular Costa Rican base gambling sites Bodog.com , americascardroom.eu , 5dimes

Ok, thanks for correcting me. I hope you understand that casino without any need for KYC seems suspicious. And as it still seems suspicious i checked those sites you mentioned:

5dimes wanted my passport during registration, americascardroom checks that i am 18 years old to play, and bodog.com blocked me so i can't check that.

So i guess my question is, why do these sites bother with user identification if there's a way around it in Costa Rica?

Because they allow fiat deposit methods like debit/credit cards - western union etc they need that info to be able to decrease their chargeback rate

i mention those sites just to point there is a lot of big gambling sites who operate from Costa Rica

LEVSKI7

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Complete nonsense with this KUS. This kenef Curacao does not monitor anything, everything is on paper. besides, with a license from Curacao, the sites are still illegal.the only benefit of a curacao license is that lawyers can file a lawsuit.in fact, it has become a lucrative business for lawyers there

goaldigger

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Quote from: Slow death on November 06, 2022, 05:49:53 PM

as everyone has already said, it will be very difficult not to ask for KYC unless you want to run a casino without a license, and that would already be a crime that could punish you and punish customers and I doubt that there are many people willing to risk creating an account in a casino without leave. what I think you should add is that you have to put people with programming and support knowledge and give support people training so they are quick to solve people's problems

Better to follow the rules of other site, when they only asked for a KYC if the amount is big and if the account is suspicious. I support the suggestion on creating a great team to handle the support and the system, this can help the site to become more active on innovation and solving the problem of the gamblers. Creating a new site will be more challenging as you need to compete with the other site, better to innovate and introduce new things here.

o48o

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Quote from: Betcrypto.cr on November 06, 2022, 05:14:41 PM

We don't need to pay any income tax virtual casinos and sportbooks are except of taxes
Also, if any costa rican virtual casino rug, you can still sue the company for fraud.
Here are some examples of popular Costa Rican base gambling sites Bodog.com , americascardroom.eu , 5dimes

Ok, thanks for correcting me. I hope you understand that casino without any need for KYC seems suspicious. And as it still seems suspicious i checked those sites you mentioned:

5dimes wanted my passport during registration, americascardroom checks that i am 18 years old to play, and bodog.com blocked me so i can't check that.

So i guess my question is, why do these sites bother with user identification if there's a way around it in Costa Rica?

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Majority of the users have mentioned about the KYC free access and the withdrawal. Almost every gambling site make promotion in such a way and things will be different at the end. Below is the only platform that I came across had the KYC free bets and the settlements done without any restrictions.

Slow death

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as everyone has already said, it will be very difficult not to ask for KYC unless you want to run a casino without a license, and that would already be a crime that could punish you and punish customers and I doubt that there are many people willing to risk creating an account in a casino without leave. what I think you should add is that you have to put people with programming and support knowledge and give support people training so they are quick to solve people's problems

Betcrypto.cr

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Quote from: livingfree on November 06, 2022, 05:25:14 PM

Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

4) You can place bets over the phone 24/7

What does this mean? Your website/casino is accessible through the phone, it sounds misleading that someone can just bet through the phone by calling or texting. But I think this is all about accessing as your website is also going to be a responsive one with mobile.

Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

5) Is going to be available worldwide

Isn't it that when you go worldwide, there should be regulatory rules that you must follow for you to be operating legally? You may have XMR as accepted coin as you're not yet popular.

But when you become, I guess the eyes of the regulators will be on you and you have to follow what the rules are.

It means we are going to have a 24/7 phone number available where you can call and place a bet you are going to be ask for a special 2 auth code

I am only going to follow the laws of my country and i am not breaking any

Saint-loup

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Quote from: o48o on November 06, 2022, 05:04:02 PM

Quote from: Betcrypto.cr on November 06, 2022, 01:31:35 PM

I was born in Costa Rica and still live in Costa Rica so i will follow my country regulation so with current regulation i can operate legally an anonymous crypto casino

I looked it up and your government will tolerate this kind of operation as long as you don't offer your services to Costa Rican residents nor you can use their banking system for it. So hopefully you are getting your expemses paid with crypto only. Because there's no bank in the world that will deal with your money as long as you are not following any aml laws. Even crypto cex:es get their orders from regulators and get to froze your accounts if asked.

And obviously when you make money from this you need to pay income tax as costa rica isn't pure tax heaven, so i am wondering how will you do that without possibility to convert anything to fiat? Perhaps your lawyer has figured it out as i sure haven't.

Also i wouldn't really see that my money would be safe when there are no regulations preveting you rugging everyone.

Nitrobetting is also operating from Costa Rica, and exclude requiring any KYC of any form at anytime in its ToS and nobody tell them such things. They even benefit of a rather good reputation here AFAIK. So I think OP could really be able to provide that, moreover if he is fair and honest he can warn users and let them withdrawing their funds before applying a new KYC policy if one day Costa Rica authorities require it.

Quote from: ?? on ??

Thanks we are just going to work with 1 Visionary iGaming also known as VIG they are also from costa rica all the dealers are also from here

I didn't have the opportunity to play at this provider until now but what you are saying entice me to try it.

Viscore

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Quote from: UserU on November 06, 2022, 03:49:32 AM

About #1, many casinos have touted this but in the end, it's ultimately to protect the casino's interests.

Are you sure you guys aren't gonna process KYC in case some withdraws or deposits are suspicious?

No KYC requirement I think might not work for a new casino like in some instances where a gambler makes suspicious deposit or withrawal. Most likely, if you stick to that, your casino might not last longer as the house will be taken advantage by some wise gamblers. I suggest do not go for a KYC free the whole time, that’s fine with small bettings and small winnings, but for high rollers that are also capable for big winnings, you can always require for KYC like established casinos do.

serjent05

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Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Get a license but once you got one you are automatically subject to regulation so the 1. would be a hopium for those who are looking for a no KYC policy which will never happen Grin

Better to modify #1 and never promise that there is no KYC.

Quote from: Betcrypto.cr on November 06, 2022, 01:31:35 PM

I was born in Costa Rica and still live in Costa Rica so i will follow my country regulation so with current regulation i can operate legally an anonymous crypto casino

But without any license or if you acquire a license not recognized by the majority of the country, you will be operating illegally. Isn't that another concern?

livingfree

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Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

4) You can place bets over the phone 24/7

What does this mean? Your website/casino is accessible through the phone, it sounds misleading that someone can just bet through the phone by calling or texting. But I think this is all about accessing as your website is also going to be a responsive one with mobile.

Quote from: Betcrypto.cr on November 06, 2022, 02:28:22 AM

5) Is going to be available worldwide

Isn't it that when you go worldwide, there should be regulatory rules that you must follow for you to be operating legally? You may have XMR as accepted coin as you're not yet popular.

But when you become, I guess the eyes of the regulators will be on you and you have to follow what the rules are.

Betcrypto.cr

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Quote from: o48o on November 06, 2022, 05:04:02 PM

Quote from: Betcrypto.cr on November 06, 2022, 01:31:35 PM

I was born in Costa Rica and still live in Costa Rica so i will follow my country regulation so with current regulation i can operate legally an anonymous crypto casino

I looked it up and your government will tolerate this kind of operation as long as you don't offer your services to Costa Rican residents nor you can use their banking system for it. So hopefully you are getting your expemses paid with crypto only. Because there's no bank in the world that will deal with your money as long as you are not following any aml laws. Even crypto cex:es get their orders from regulators and get to froze your accounts if asked.

And obviously when you make money from this you need to pay income tax as costa rica isn't pure tax heaven, so i am wondering how will you do that without possibility to convert anything to fiat? Perhaps your lawyer has figured it out as i sure haven't.

Also i wouldn't really see that my money would be safe when there are no regulations preveting you rugging everyone.

Yeah we can't allow costa Ricans ips to place bets on our site and also, we can't open bank accounts but we don't care.
Because costa rica have more than 400 virtual casinos our providers accept crypto and we have a lot of p2p providers BTC -> CASH in the country

We don't need to pay any income tax virtual casinos and sportbooks are except of taxes

Also, if any costa rican virtual casino rug, you can still sue the company for fraud.

Here are some examples of popular Costa Rican base gambling sites Bodog.com , americascardroom.eu , 5dimes

Quote from: Myleschetty on November 06, 2022, 05:13:57 PM

Quote from: UserU on November 06, 2022, 03:49:32 AM

About #1, many casinos have touted this but in the end, it's ultimately to protect the casino's interests.

Are you sure you guys aren't gonna process KYC in case some withdraws or deposits are suspicious?

I look into their page it looks like they currently have no plan for KYC requests for now and I believe this is because they only accept Monero as payment now according to what's written on their site. However, the KYC issue may be involved in the future when they add more coins or get a license.

The best thing for me is gambling at a reputable casino and I don't care if they require KYC in the future.

Thanks for visit our site, the sportbook and the casino is not ready yet
Also, we are license in Costa Rican and i am from Costa Rica i will never get other license so we don't have plans to implement KYC ever

[moderator's note: consecutive posts merged]

Topic: I am opening a crypto casino / sportsbook what should we add? - page 10. (Read 2141 times)