I will pass KYC later is a bad idea - page 2.

coupable

hero member

Activity: 2338

Merit: 757

Quote from: temple on October 09, 2023, 09:59:26 PM

Quote from: wxa7115 on October 09, 2023, 07:51:39 PM

Quote from: coupable on October 03, 2023, 06:44:19 PM

It can be said that it is naive to make deposits on any central platform before verifying the possibilities of imposing identity verification procedures and completing them, even if this is not necessary upon registration. When we register for the first time, we do not know anything about the procedures in place on that platform, and therefore all precautions must be taken to ensure that no disruption occurs during withdrawal operations. In general, casinos also require a first deposit as a procedure to verify the account, so the rest of the identity verification procedures must be completed before that.

The mentality of gamblers is somewhat unique, they expressly play a game of chance expecting to win, and yet they make no preparation at all in the case they got it.

So they make a deposit at their favorite casino without thinking about what they will do in the case they finally got lucky, and once they do they struggle to pass the KYC verification as they cannot corroborate the source of their funds or prove who they are, and then they make excuses about the casino playing dirty and not allowing them to withdraw their money when they are the ones that are at fault.

But the source of funds thing is sometimes more complicated than it seems. It really depends what money you are using. If you are a normal employee and you are playing with a bigger sum of money relative to your monthly income, the casino can give you a hard time to accept the proof. They have all the leverage against the player and if they decide to make it as complicated as possible, you can quickly find yourself in a situation where it is hard to prove the source. You can say you saved up that money, but essentially that would be like the casino just asking whether you have a job or not. But it becomes tough when people are self-employed. Most casinos when they have a good reputation will just pay out the winnings unless the winnings are monstrous.

It will be very important to predict what will happen with the casino even if you have completed the entire KYC identity verification procedure, because any casino, no matter how reliable it is, has the right to require verification again, especially when the profits are huge and the user can easily get himself into trouble due to his lack of experience. . As many members have previously pointed out in their comments, it is always advisable to:
- Choose the community’s most reliable platform because it will always be easy to communicate with support in the event of any emergency.
- Complete all KYC verification procedures before making the first deposit, whatever its value.
- If you intend to use a large amount to bet, it is better to distribute it in the form of relatively small amounts on more than one platform.

temple

hero member

Activity: 1428

Merit: 538

Quote from: wxa7115 on October 09, 2023, 07:51:39 PM

Quote from: coupable on October 03, 2023, 06:44:19 PM

It can be said that it is naive to make deposits on any central platform before verifying the possibilities of imposing identity verification procedures and completing them, even if this is not necessary upon registration. When we register for the first time, we do not know anything about the procedures in place on that platform, and therefore all precautions must be taken to ensure that no disruption occurs during withdrawal operations. In general, casinos also require a first deposit as a procedure to verify the account, so the rest of the identity verification procedures must be completed before that.

The mentality of gamblers is somewhat unique, they expressly play a game of chance expecting to win, and yet they make no preparation at all in the case they got it.

So they make a deposit at their favorite casino without thinking about what they will do in the case they finally got lucky, and once they do they struggle to pass the KYC verification as they cannot corroborate the source of their funds or prove who they are, and then they make excuses about the casino playing dirty and not allowing them to withdraw their money when they are the ones that are at fault.

But the source of funds thing is sometimes more complicated than it seems. It really depends what money you are using. If you are a normal employee and you are playing with a bigger sum of money relative to your monthly income, the casino can give you a hard time to accept the proof. They have all the leverage against the player and if they decide to make it as complicated as possible, you can quickly find yourself in a situation where it is hard to prove the source. You can say you saved up that money, but essentially that would be like the casino just asking whether you have a job or not. But it becomes tough when people are self-employed. Most casinos when they have a good reputation will just pay out the winnings unless the winnings are monstrous.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: coupable on October 03, 2023, 06:44:19 PM

It can be said that it is naive to make deposits on any central platform before verifying the possibilities of imposing identity verification procedures and completing them, even if this is not necessary upon registration. When we register for the first time, we do not know anything about the procedures in place on that platform, and therefore all precautions must be taken to ensure that no disruption occurs during withdrawal operations. In general, casinos also require a first deposit as a procedure to verify the account, so the rest of the identity verification procedures must be completed before that.

The mentality of gamblers is somewhat unique, they expressly play a game of chance expecting to win, and yet they make no preparation at all in the case they got it.

So they make a deposit at their favorite casino without thinking about what they will do in the case they finally got lucky, and once they do they struggle to pass the KYC verification as they cannot corroborate the source of their funds or prove who they are, and then they make excuses about the casino playing dirty and not allowing them to withdraw their money when they are the ones that are at fault.

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: JahriMeayer on October 09, 2023, 06:19:38 PM

Obviously kyc should be done at initial statey if a gambler want to use that Casino or gambling websites for long. And of course they do so. Moreover when they try to create account on others casinos for bonus and free stake opportunities, they avoid kyc until win big amount. This is common thing. I did such thing many time. And a Reputed casinos don't need to make users trouble by applying such trick like "asking additional documents for kyc or face verification something". Such steps on taken by cheap casino websites who always try to scam user by stopping their withdrawal

There are some gambling sites which is not putting KYC as obligation for its users. As long as you were know how to deal with it and that's fine. The only problem if there have been many people were trying to play with high bet but they were unwilling to complete the KYC verification.
There have been so sufficient problems related to this thing as well. Asking KYC to the users is not something prohibited, but the government was telling the gambling operator to do that to avoid the money laundering.
You shall aware if the regulators are always monitoring it. It does not even matter where are you hiding and they will always able to find you. KYC has been ordered by most of the regulators to prevent money laandering.
It is a common thing when the government was willing to know the identity of players.

JahriMeayer

sr. member

Activity: 1115

Merit: 253

DGbet.fun - Crypto Sportsbook

Obviously kyc should be done at initial statey if a gambler want to use that Casino or gambling websites for long. And of course they do so. Moreover when they try to create account on others casinos for bonus and free stake opportunities, they avoid kyc until win big amount. This is common thing. I did such thing many time. And a Reputed casinos don't need to make users trouble by applying such trick like "asking additional documents for kyc or face verification something". Such steps on taken by cheap casino websites who always try to scam user by stopping their withdrawal

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Crypt0Gore on August 21, 2023, 05:32:38 AM

I don't know where some gamblers are getting their confidence from, do you know that online casinos can keep rejecting your ID after you made some high amount of money? Some people cares about winning first before passing KYC, it's cool you believe that you won't always win but the luck comes when we least expected.

Imagine winning and you find it hard to pass KYC, trapping your money on the casino for like ever.

It's not always the casinos fault, I know some are dubious but the thing is KYC verification is something you should first deal with before making your first deposit.

Online casinos can be frustrating at times, some casino won't accept your submitted document even when you haven't make any deposit on the platform yet, so always confirm your identity first.

Submit your identity and wait for approval, do not be in haste to make deposit first, because the identity you submitted without a green approval from the team can still be rejected, take your time to get the passed approval first before proceeding with gambling.

The worst part is they don't even know that the withdrawal tab will not be available until the user gets KYC verified which is kind of the user's fault technically but casinos too have some part in this play like a welcome bonus for a limited time after the signed into their service so the user more concentrate of getting that bonus without actually thinking about the withdrawal and other stuff.

Everyone needs to read the TOS of the website before depositing their money because in reality 99% of people just skip the part and only realize their mistake when its too late to do anything.

Weawant

hero member

Activity: 798

Merit: 509

Leading Crypto Sports Betting & Casino Platform

I agree it's very important to.pass KYC before even trying to make a deposit on any gambling sites or casino, if it's required, don't wait until you have won a good amount before you do your KYC as there are many negative effects regarding this one of which could be not been able to make withdrawal, especially for small sites who could be considered dubious in some cases.

Some persons wait until they have made a deposit which for dubious sites you may never pass KYC once you deposit before you try to do your KYC hence it's adviced that you make sure to follow due procedures, pass KYC before using the platform fully for gambling and other transactions. Most times our negligence to these things cause us a lot before we could know it.

Using new and small sites probably because of their bonus is very risky and Is not adviced, but what is most appropriate is using reputable sites and casino so you can be sure to be safe and be protected from scam. It's safer gambling with the known and reputable sites. They will make sure you are safe so as to protect their reputation too.

coupable

hero member

Activity: 2338

Merit: 757

It can be said that it is naive to make deposits on any central platform before verifying the possibilities of imposing identity verification procedures and completing them, even if this is not necessary upon registration. When we register for the first time, we do not know anything about the procedures in place on that platform, and therefore all precautions must be taken to ensure that no disruption occurs during withdrawal operations. In general, casinos also require a first deposit as a procedure to verify the account, so the rest of the identity verification procedures must be completed before that.

Westinhome

hero member

Activity: 1652

Merit: 518

OrangeFren.com

Quote from: bitcrystal on October 01, 2023, 06:21:47 AM

its something that is common and people just do it maybe because they feel they will pass it when the time comes and then when that time comes it becomes difficult. many of these websites make it mandatory to pass kyc and even for you to have access to some features. but people usually dont read the terms and condition and just in haste to sign up and make deposit. its good to ensure you pass kyc before making deposit especially if you want to stick to a particular website.

Kyc was the most important of the gambling sites,the fake or small gambling sites will allow the gambler to play without the Kyc.But the same small gambling site should ask to complete the kyc to withdrew the funds.This doesn’t mean the small gambling site is the scam one,the small gambling sites mostly concentrate to avoid of the money laundering.The small gambling sites will allow the deposit without the kyc to increase the number of players.But same will ask the kyc on the withdraw to avoid of the money laundering using the gambling sites.The gambling site will do allow of the withdraw after the kyc done by the gambler to avoid of money laundering using their site.

Solosanz

hero member

Activity: 952

Merit: 662

Quote from: Nazmul012 on September 28, 2023, 04:06:21 PM

There is a reason for not completing the kyc first. Actually casinos and gambling websites are keep offering bonus daily to draw attention and let people join to their platform. So to take advantage of this offer of free money or free spins, some gambler keep creating accounts on so many websites and not possible to pass kyc in every websites .so l decide to pass kyc later, only if they can win big amount from free spins or bonus. And when they finally win something big, they casinos and websites make them trouble by not accepting kyc or asking more documents which wasn't mentioned on their websites

Because you're already playing with many accounts in the first place and most of casinos are forbid multiple accounts usage. If you blame them for not accepting your KYC or asking more documents that make you not able to give it, do you think you're correct for gamble using multiple accounts?

There's always a reason behind every action.

bitcrystal

sr. member

Activity: 425

Merit: 252

its something that is common and people just do it maybe because they feel they will pass it when the time comes and then when that time comes it becomes difficult. many of these websites make it mandatory to pass kyc and even for you to have access to some features. but people usually dont read the terms and condition and just in haste to sign up and make deposit. its good to ensure you pass kyc before making deposit especially if you want to stick to a particular website.

Nazmul012

full member

Activity: 799

Merit: 100

There is a reason for not completing the kyc first. Actually casinos and gambling websites are keep offering bonus daily to draw attention and let people join to their platform. So to take advantage of this offer of free money or free spins, some gambler keep creating accounts on so many websites and not possible to pass kyc in every websites .so l decide to pass kyc later, only if they can win big amount from free spins or bonus. And when they finally win something big, they casinos and websites make them trouble by not accepting kyc or asking more documents which wasn't mentioned on their websites

TobeyHolo

copper member

Activity: 56

Merit: 1

Online casinos must adhere to strict KYC (Know Your Customer) procedures to combat money laundering and other illicit activities like arbing and bonus abuse. However, many customers dislike these protocols such as signing up KYC before playing, preferring more streamlined processes. This resistance often prompts online platforms to implement more rigorous KYC checks only during withdrawals. This approach aims to strike a balance between regulatory compliance and customer preference.

Westinhome

hero member

Activity: 1652

Merit: 518

OrangeFren.com

Quote from: Jocuserious on September 07, 2023, 12:36:04 PM

All activities including kyc are important if you want to enjoy real casino services. Before opening an account on any gambling site, you should have an idea of which next step will be easy or difficult for you. kyc is mostly used in casinos because gamblers deposit large sums of money or fund them with winnings. However in that case your confidential information is transferred to the second party so that you personally identify the customer to them. It is unknown to me whether your kyc information can be collected by the government of your country or not, but if gambling is acceptable in your country then there should be no problem.

It’s important to do the kyc at the time of registering to the site,because the features was open to the person who May completed the three was of kyc.The basic kyc to deposit into the website,the selfie kyc as the second level of KYC.The video recording of the kyc to the website was third level of kyc.This kyc with video can be misused by the gambling site,if they are not real.It’s most important factor for the gambler to verify the data of gambling site before giving their valuable kyc with video verification.The scam gambling site will sell your kyc with video verification to the secondary agents.The secondary agent will sell to the tertiary black society.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Jocuserious on September 07, 2023, 12:36:04 PM

All activities including kyc are important if you want to enjoy real casino services. Before opening an account on any gambling site, you should have an idea of which next step will be easy or difficult for you. kyc is mostly used in casinos because gamblers deposit large sums of money or fund them with winnings. However in that case your confidential information is transferred to the second party so that you personally identify the customer to them. It is unknown to me whether your kyc information can be collected by the government of your country or not, but if gambling is acceptable in your country then there should be no problem.

That is why before someone registers at a casino, they must read the terms and regulations of the casino. They can also contact the support service to find out what the KYC procedure is or whether the casino requires KYC after they deposit big money or when they get a big win. But if you don't want to do KYC, you don't need to use the casino to gamble, but look for another casino on this forum. The casino will store your KYC information, and if necessary, then your information will be submitted to the government for further investigation, whether you have been or are related to illegal activity or are you clean of anything.

len01

hero member

Activity: 1330

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: Webetcoins on September 07, 2023, 11:09:26 AM

Quote from: len01 on August 30, 2023, 08:58:00 AM

-snip

I believe it's not always about manipulation, even some of the most reputable and trusted casino platforms wouldn't ask you to complete KYC verification right after joining the platform, and they wouldn't even ask you for it if you are making small deposits and withdrawals as long as they are okay with it, but as soon as you try to deposit a large amount or request a large withdrawal, they will start asking you for completing your KYC verification then.

I say that because I remember that I have been using Stake.com for quite some time and I was never asked for KYC verification because I never made any large deposit nor have I requested any high withdrawal, so I know that even reputable platforms can sometimes be lenient regarding KYC.

yep, very correct answer. as long as we gamble at a reputable casino or other gambling sites that have good trust when we want to deposit a small amount or withdraw small amount of funds the casino will not ask for KYC verification and I also have accounts at some of the leading gambling sites on this forum and some of they do not require KYC when depositing under $200.

regarding account at Stake.com I remember that some old users who were here have had accounts for a long time and even until now they have not been asked for KYC when depositing and withdrawing any amount because this casino seems to really value old customers.

what is certain is that as long as we do not violate casino rules or cheat, usually we not be asked for KYC with a very long verification as I said before.

goldkingcoiner

legendary

Activity: 2240

Merit: 1993

A Bitcoiner chooses. A slave obeys.

Quote from: Crypt0Gore on August 21, 2023, 05:32:38 AM

I don't know where some gamblers are getting their confidence from, do you know that online casinos can keep rejecting your ID after you made some high amount of money? Some people cares about winning first before passing KYC, it's cool you believe that you won't always win but the luck comes when we least expected.

Imagine winning and you find it hard to pass KYC, trapping your money on the casino for like ever.

It's not always the casinos fault, I know some are dubious but the thing is KYC verification is something you should first deal with before making your first deposit.

Online casinos can be frustrating at times, some casino won't accept your submitted document even when you haven't make any deposit on the platform yet, so always confirm your identity first.

Submit your identity and wait for approval, do not be in haste to make deposit first, because the identity you submitted without a green approval from the team can still be rejected, take your time to get the passed approval first before proceeding with gambling.

Yeah passing KYC before doing anything with your new casino account is always the smartest thing to do. That way they cannot later claim you to be a suspicious account and then take months to do the KYC procedure. Even though we know they are just stalling for time, sometimes due to a too high workload or because of incompetence. Either way it leaves the customer (gambler) unsatisfied and frustrated that his KYC procedure is taking so long.

Although, I am personally against KYC if one can avoid it by using a decentralized version of the platform. Although I have not heard of a truly decentralized gambling platform yet. Most "decentralized" casinos are merely claiming to be decentralized as a marketing tactic.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: Jocuserious on September 07, 2023, 12:36:04 PM

All activities including kyc are important if you want to enjoy real casino services. Before opening an account on any gambling site, you should have an idea of which next step will be easy or difficult for you. kyc is mostly used in casinos because gamblers deposit large sums of money or fund them with winnings. However in that case your confidential information is transferred to the second party so that you personally identify the customer to them. It is unknown to me whether your kyc information can be collected by the government of your country or not, but if gambling is acceptable in your country then there should be no problem.

Everyone should at least learn to read the T&C or if possible read all of it because we need to know if we can withdraw our funds even though we are not doing a KYC or we could just have KYC first before withdrawing money it is always not the same so we need to carefully be updated in every casino we are dealing with so we would not missed anything or we can have a regret that we did not do KYC before anything else.

Jocuserious

sr. member

Activity: 1936

Merit: 290

All activities including kyc are important if you want to enjoy real casino services. Before opening an account on any gambling site, you should have an idea of which next step will be easy or difficult for you. kyc is mostly used in casinos because gamblers deposit large sums of money or fund them with winnings. However in that case your confidential information is transferred to the second party so that you personally identify the customer to them. It is unknown to me whether your kyc information can be collected by the government of your country or not, but if gambling is acceptable in your country then there should be no problem.

Webetcoins

hero member

Activity: 2100

Merit: 546

Leading Crypto Sports Betting & Casino Platform

Quote from: len01 on August 30, 2023, 08:58:00 AM

Quote from: xSkylarx on August 29, 2023, 12:05:39 AM

I've seen a lot of issues like this when there is mandatory KYC. I mean is that if others won, that is where the casino is somewhat not giving your winnings by not passing your KYC. Even though it is already clear and all requirements are there, they probably manipulated it after you've just deposited and won. That is why you should always do the KYC and your winnings will follow, so that it is clear that if the casino won't give your winnings, then it is a complete scam.

maybe for scam casinos it will do this but for reputable casinos i am sure there will be no such manipulation. because reputable casinos usually always ask for KYC earlier, even if its only level 1, to continue making deposits or withdrawals and regarding winnings at casinos, this is actually just about luck, maybe it can be manipulated, but trusted casinos do not that because they prioritize customer satisfaction, so casino not will manipulate regarding the KYC.

I believe it's not always about manipulation, even some of the most reputable and trusted casino platforms wouldn't ask you to complete KYC verification right after joining the platform, and they wouldn't even ask you for it if you are making small deposits and withdrawals as long as they are okay with it, but as soon as you try to deposit a large amount or request a large withdrawal, they will start asking you for completing your KYC verification then.

I say that because I remember that I have been using Stake.com for quite some time and I was never asked for KYC verification because I never made any large deposit nor have I requested any high withdrawal, so I know that even reputable platforms can sometimes be lenient regarding KYC.

Topic: I will pass KYC later is a bad idea - page 2. (Read 1714 times)