Topic: I will pass KYC later is a bad idea - page 10. (Read 1714 times)

As OP said it was better to do KYC as the first step before make involve of your valuable money.Because money is not come easy to us,we need to work harder to earn.It's most essential one for the website to had kyc verification and mostly the kyc sync website was legit.The withdrawal of the winning money mostly not easy in many gambling site.If they was legit, they will allow  the user for the withdrawal from the website.

Their will some terms mentioned by the gambling sites,So you will no need to argue with the website.Some website will ask you to complete kyc to withdrawal, the kyc may not compulsory one to deposit the money.If you fight with the website by skipping the website conditions at the beginning will be leads to the tussle.Most of the website will make the verification process as the first term to the user.

This happened to me before when I was a beginner in gambling with the first casino that I have played with. I focused on winning and enjoying the entire site as well as all their featured games.
Unfortunately, upon withdrawal, they asked for KYC which really surprised me as a newbie. They were askng for IDs and documents that I couldn't provide that time. So I ended up having my funds on hold which is really frustrating.
I realized that it is better to pass rhe KYC first before aiming for good wins because our profit would be nothing if we couldn't process it due to failed KYCs.

When you register with a casino platform be sure to read carefully the ToS they provide. If you follow their rules then you may not face problems with your deposits and withdrawals later, so you should take this step. If you are going to bet big from a casino then you must do KYC while withdrawing them and this is mandatory in all casinos. But I think KYC system is good for a player because it is mandatory for a gambler to deposit his money in various casinos. If you have done KYC then you won't be bothered by casino sites in future and you won't have to face hassles. So if you complete KYC then if you win big bets in future you won't have to face big challenges and can easily withdraw them.

This is a case to case basis. As a normal gambler that plays with small bankroll, I never encounter any problem on doing KYC when I’m asked. Submitting KYC now or later doesn’t really matter if your account was flagged by the security team that related to breaking the ToS based on your account activity.

You account will still be freeze even if you submit KYC earlier since the security will review your betting history. Casino use an automated system that to detect suspicious activities on someone account that usually cause of the problem and not by just winning big in contrary to the general discussion on this thread.

But isn't rejecting ID only one possibility a casino has to screw their players? If they really want to deny payouts, KYC is one option they have if you haven't already passed it. Even then they could say that "our security system has detected some irregularities and applied a red flag to your account, please resubmit your KYC" and then still reject it.

The only solution from my experience is to play with highly reputed casinos only. Especially when high stakes players are looking for a comfortable place to play at, the first thing they should research is how that casino handles high payouts and whether there is a history of unsettled denials.

Maybe it is a good suggestion from @OP to verify the gambling account before we deposit some money. This is to ensure that we will be fine later, especially with the problem of withdrawing money which is a common problem often experienced by many gamblers. It also assures the casino that we are voluntarily KYCing them because we don't want any trouble for the casino to suspect us.

But before you do KYC at any casino, make sure you have read the terms first and go through the verification process until the casino agrees. Then you can deposit the money. And also, you need to make sure that the casino is trusted so you can be calm about doing KYC and have no problems later. After we do KYC, we can deposit and withdraw the money whenever we want and the casino will process it right away.

Simply agree that passing KYC is the first thing gamblers need to do when playing on a platform that requires KYC to withdraw. Because in some cases gamblers don't pay attention to this, they just play and then when they want to withdraw they are hindered by the KYC process which will prolong their withdrawal process, some are even rejected and in the end their funds hang there and cannot be used.

I agree that having to pass KYC first is the safest way not to have any problems when it comes to any of the following:

• Gaming
• Withdrawals
• Legal Stuff

You can be characterized as someone suspicious or something because if you got nothing to hide, why hide? It's that type of thing for the businesses that do KYC for sure.

If an online casino needs KYC verification it's better to complete it first, The idea that you can still withdraw a certain amount without KYC is not acceptable by me, such a casino can one day say you should have known better and the fault will be on you.

If it's a No KYC casino then you are free to do anyhow with deposits, but if pass KYC is available on the casino please make sure you pass it first, OP is making some sense, some casinos can be picky on identities you provide, you can believe that your passport is the neatest and nothing can decline it, what if a casino denied it?

The first thing you will think is, it's because you have deposited some money, that they are planning to steal that money, but you have forgotten that it's their space, and you have to bide by their rules, if they say no to your passport it stays a no.

I think it's best to always pass KYC if the online casino asks for it, to avoid stories.

If they value their personal data then they should not go anywhere because risk is to high if they try to engage on what they don't like. Much better for people that cannot withstand the stress is to stop participating on a platform that requires KYC to avoid problems. But if they know that there's nothing to lose since they are not well known personalities or have big financial deposits to any other institution then its fine for them to participate but we should make sure and be more selective that casino have high trust rating to minimize the risk of this issues.

There are some casinos out there that have a complex KYC process....

I saw examples where people cleared the Level 1 and 2 and they thought that was enough, but the moment when they won something big and they wanted to withdraw it, then the casino force them to KYC to a higher level.

This is where the stalling tactics starts, with the casinos not validating the documents for months or sometimes not at all... because they do not want to pay out the withdrawals. 

So..yes, be very careful with the KYC verification. 

It's not all of people are willing to do that. Even some people valued their identity more than everything. Just try to stick into the gambling site that allows you to play without KYC although you will be getting a small limit. This will far better rather than verifying your KYC first.
I didn't like to verify that first before trying to make sure the website is safe to keep my identity. It's not all of website can be trusted. I think that most of trusted sites were not making KYC as obligation for the new users.
The new users need to verify their KYC if they are betting with significant amounts of money. I can't deny that some sites may use KYC to abuse its users.
It's hard to know what thing that can be trusted. The only sense thing to play only in the trusted and reputable site. It will be enough to make sure our money and identity gonna be safe.

These KYC related tasks should be completed before gambling. There are many gamblers who could not get KYC approved after depositing money into their account through gambling. As a result they failed to withdraw their money. So after recognizing the fact why a gambler would take the risk? Moreover, if a gambler is faced with such a situation, he cannot do anything legally. Earning money from gambling is very difficult for a gambler but if that money fails to withdraw due to KYC issue It hurts more than losing in gambling.

I agree with you here. Don't do it when you already won, do it while you are still on a small balance.
But this is for those who are expecting thousands of dollars of wins, I think I am not in that bracket although I still passed my KYC just to be sure. A reputable online casino would not leak anything or else it will be their doomsday, that's my perspective if they want to keep their business running for a long time. Considering how big online gambling is today, they don't want to just lose the thing that gives them profit in large amounts.
The competition is also growing so I guess keeping it secured, fewer scam accusations, and fewer problems, will be things that could strengthen them. KYC is a must for whale bettors, do it now to avoid regretting it later.

Many gamblers are still not comfortable giving their documents to online casino because of the possibility of passing it to the wrong hands or if there's a data breach. So it's understandable why some of us prefer to try our luck first before verifying our identity when necessary. Though, it would be wise to do it beforehand so you can play without worries especially if ever you win huge.

This is really frustrating. If your documents are valid and acceptable, there's no reason to not accept unless you gamble on a shady casino, a scam that won't pay their players. Because if the casino is reputable they won't do such thing just to hold the winnings of their gamblers since it can tarnish their reputation for not being fair and be tagged as scam.

Good ideas from OP after many problem faced by gambler with huge amount withdrawing, required or not with KYC on some gambling platform better submit all ID document needed before deposit fund and active play on some gambling platform. After KYC have been approving start gambling and there are not any way for stopping your withdrawing due account not KYC yet. Many problem faced by gambler with their account hold on after trying withdraw huge fund, some gambling platform required for KYC if want withdraw huge amount but not required for first time when creating account and not mention yet in term of service gambling platform rule.

What ever kinds of casino playing, don't deposit early before success approving KYC if won't bad thing happen later from withdrawing process until how difficult account secure after huge amount winning.

unfortunately these cases are quite difficult, because they start from the casinos themselves who say that they only ask for kyc in cases of suspicious activities but do not talk about the details of what they consider suspicious activities and even when they accuse the customer of having broken the tos they do not show proof After these accusations, it looks like some casinos are using toss as a weapon to confiscate customers' money, this is something very visible because there are many cases of this type, it makes no sense for a casino to allow a person to deposit a lot of money in the casino and the casino doesn't ask for kyc and if that person loses all the money then the casino won't claim anything

but if that person wins a lot of money then the casino will ask for kyc for that person and the worst part is that the casino will not approve the documents at any time, they will use arguments that the document is not visible or it is false, all this to not pay the customer, I have already read many casinos of this type in the scam accusation section. it is true that it is better for people to do kyc before depositing money in the casino, at least they will be careful

good for you if you trust that the casino will properly secure your personal information, but as for me, I love gambling as anonymously as possible, sure there is that issue that you mentioned, but for me, it is worth it, and I don't really expect to win huge amount of money. anyway, I have been gambling(on, off and casually) for a while now and so far I haven't been asked to perform KYC.

Some may use that Kyc just to delay things and find a hole so thay they can't pay their user which win a huge amount of money with the that's the reason why we always sign up with correct details so that once they ask this we always have supporting documents that can verify our identity. KYC is indeed a protocol now so we shouldn't use any random names so that we can pass on anything that they need from us.

If we are really trying out to go back and check on how fiat based or traditional fiat gambling sites been operating then you would definitely be making use of your own bank account or credit card which it already exposes up

your identity and on the time that Bitcoin/Crypto gambling sites exist then interest is really that high due to being anonymous which we cant really be able to say that there's really that a demand on which it is really that
something that shows up that interest is really there because they can play gambling anonymously but as expected on which government doesnt really like on getting behind and this is why they would really be tending to
regulate each one of those platforms and this is why we do have that kind of licensing and we know that people do always have a good impression into things which are been considered to be legit on the time that you
do find yourself that you are licensed.

Totally opposing that anonymity which we do prefer but this had been that a very common impression or something that people do really look upon. Somewhat on the points given out by OP
is really that valid but we know that crypto enthusiast type of gambler would be directly be avoiding on the time that they do saw on having that initial asking out of those documents or information.