Topic: I will pass KYC later is a bad idea - page 5. (Read 1511 times)

You have almost completely described my situation.

Being a beginner, I came to play in one of the Russian poker rooms. It was called Poker. I didn't even think that I could win anything, so I didn't go through the KYC as soon as I entered my first deposit. And I do not know how it happened, but I took second place in one of the tournaments, winning 94 dollars!
Of course, I immediately decided to withdraw them, but then I was waiting for a trick from the casino, which I did not expect: the casino began to reject my documents, citing their poor quality or insufficient information.
And I still haven't withdraw those money.

Therefore, I advise everyone to think about the passage of the KYC immediately at the casino.

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.

It's a easy solution to this, if you can deposit and play no matter the amounts, you should be able to withdrawal also, if they detect any problem they should stop you at the deposit and then require KYC.
Then you can choose to either get deposit back, or do KYC and then start playing and then if you win big, they should not say anything just cash out your winnings, I can't say exaclty how it should be.
But it for sure it's possible to create a thing to make things like this end, but the easy answer is they don't want to.
They select some big winnings and will make that money theirs no matter what how honest the player are or how much KYC he send them, cases like this we have proofs of.
But still.. they running and laughing in the mirror every morning, it easy to scam people when you don't need to see your victim in the face I guess.
And when it fill your bank account to the top, I guess it's also get's to be an addiction, many online casinos should get their license withdrawal long time ago... but everything is corrupt.

This is a easy method to adept, trust me. But it would make all the casinos winnings a lot a lot a lot less, so they rather act sneaky so they can make more money. No moral. No respect. Only money money!
This is disgusting humans form the start to the end!

And a lot of people promote this sneaky casinos here I see but still has a opinion, that is funny.
I am not saying that people that do the promoting here are bad humans or in at the scam, but I think they are a bit hypocrite.

That's just my opinion on this and not any fact, so people don't need to take it personal.  

I’m skeptical on why they will need to have original copy of Birth Certificate just to verify your identity while valid ID and pictures holding it with current date is already enough to prove the owner and ID of account. This kind of verification is in the highest form toxicity just to withhold the players funds. Can you share what casino do you experience this so that we can avoid it?


But what if you win on the casino account that holds your money?  Joking, This is indeed the solution but you will lose a little bit on your bankroll due to the negative EV bets unless you can find bet with +EV that perfect for arbitrage.

Ive had this in the past, I failed to see the company was reluctant to allow valid withdrawals.  After submitting a driving license and photo id they wanted an original birth certificate to be sent by post, something not originally asked for.   So even after having kyc it was never enough hence I had jumped the gun assuming I could withdraw.
   The best solution might be arbitrage and making two bets on a game for or against, if you lose on the account you cannot withdraw from but win elsewhere this might equate to a withdrawal you cannot otherwise physically make.

I hard a very bad time on an exchange some time ago and this is because of this kind of issues,  instead of me to pass all my verifications,  I went ahead to make a deposit before submitting my ID for verification,  and while I was at that,  the scan app continue rejecting my drivers license and this continued up until now,  but I have my fund locked up in the exchange.

But I blame myself,  I should have passed the verification first before making a deposit,  I have always embraced the culture of always going through verification in all the casinos that I have used before but it totally escaped my thoughts this time around.

It would be a big problem if you're evading KYC and eventually, you got so lucky that you made such huge winnings in a day and you would already know the chances that are waiting for you if you try and withdraw those funds out of the casino. Such casinos will surely not think twice just to get out from the situation and will use what you hadn't submit information, that's their upper hand.

It is logical, but you know that many casinos delay payments (or try not to make them at all) under the pretext of passing the KYC? You can always find some kind of violation in the documents/compliance with the rules of the casino, etc. if it is necessary. Therefore, there is a logic in it to go through the KYC in advance in order to get guarantees that the casino will not deceive you here.

Indeed, procrastination is a trap that many people fall into. "Opportunity cost" refers to the price of passing up the next best option when making a decision. Procrastination has an opportunity cost in the world of casinos as well; after all, if you don't fulfill the deadlines, you could lose out on earnings.

KYC is an important procedure. Accountability is key; bureaucracy is only one aspect. In order to reduce dangers like money laundering, casinos must confirm your identity. There are alternative casinos with more lenient criteria if the KYC is too much for you to manage. But keep in mind that those casinos could have their own disadvantages, such as poorer security.

It everything comes down to choices and trade-offs, just like in life and in economics. If you put off doing something, be prepared to pay the price. Thats all there is to it.

In general, I am not a KYC's supporter, but if the gambler won an impressive amount of prize money, then here, there is no other way out but to go through this procedure. But to do this before you win, if you win at all, you would never do it. Why transfer your personal data to the casino without a good reason? You have not won anything yet and whether you will win at all, the question remains open, and you are already disclosing information about yourself. I consider it pointless. Verification at KYC in a casino without a reputation is also a stupid act, and even more so, playing them for your own money. If you are lucky with a win, then only KYC, otherwise - no. Problems need to be addressed only as it arise.

If this will be the case then we should make sure that we're giving our information to the right casino, which is reputable and trusted enough by the public specially the gamblers so that our funds and as well as our identity is safe and sound. Submitting and doing the process indicated by the casino was never a problem, that is why we should be aware first so that nothing will be wasted.

And if the casino still asks for another KYC, then we should comply to it again so that we can play again. There's nothing to be worried about if in the first place we're not doing something wrong in their house because we will not be on their radar if we're just a regular gambler.

They will only ask you for additional information once they notice an unusual event in your account. But I can't blame them either especially for reputable gambling sites because what they want is to keep their site out of illegal activities/transfers which could ruin their reputation as well. That is why if we are afraid to comply with our KYC, better not to try gambling sites that require this. This explain how important is to read their rules before using their platform in order to avoid misunderstanding and withdrawal problems.

It still baffles my imagination on how a gambler will open a gambling account with a gambling site and won't consider completing the comprehensive requirements that's needed for the verification of his account before going further to deposit money into that account for gambling use. Only to get back wailing and throwing tantrum when gambling fortune smiles on him he won an appreciable sum of amount of money and is being restricted from making withdrawal by the gambling site sighting his incompletion of kyc to that account.

 Every institution has their a module of operation and any client that doesn't appeal to it's operations is free to check for an alternative that meets his need, and not to forge ahead with that which he's not appealing with. Maybe some of these gamblers ain't aware that it's illegal to make withdrawal from a kyc required gambling site whem you haven't completely kyc to that account.

 Procrastination is the reason why alot of people make mistakes I know most times this casino makes it very stressful for customers due to poor customer service and bugs in their servers, but asides that people should learn to do the right thing at the right time so as not to complain when their mistakes affects them in a negative way, if a casino requires you to submit your required documents on registration it's best you do it or if you're not comfortable with their requirements there are other casino's that doesn't require kyc that you could consider patronising  instead of doing the wrong thing and complaining when they're at fault.
 The kyc process is a very to some casino's because they need it to help maintain the security and know  the identity of their customers incase of illegal activities.

No, the new gambling websites might just themselves be the scammers and tell you it was some hackers who are to blame and then they apologize and think they can get away with it. Since you can't prove them to be guilty, you have to swallow that pill and write off your money. That is why in many cases the risk to go for a bonus on an unknown website outweighs the opportunity especially when you already have accounts with reputable platforms.

Gambling platforms should be well acquainted by us because this will help us along way to avoid any unnecessary assumptions we do give them by concluding from our end without the approval from the conditions being stated by the gambling websites, there have been alot of cases on KYC acceptance and rejection from using a casino, if you adequately proved yourself to to true you will not have any challenges beca you will provide them with every required documents needed for their verification process, if you don't then be ready to dance to the tune of the consequences attached.

Some casinos still allow us to deposit money to gamble before the casino finally asks us to do KYC. It seems that this has become a common thing in many casinos, although not all of them will immediately ask you to do KYC at the initial registration. And we also have to adapt to changes in regulations like that, and we can look for casinos that still allow us to gamble first and do KYC later. I rarely visit newly launched casinos because they still need to explain many things.

Maybe after a more detailed explanation from the casino representative regarding this KYC verification, I will decide to use the casino for gambling or wait for reviews from other members. But it's better to wait for reviews from other members who understand this better so we won't understand the difficulties later. However, the scam casino often shows the truth after several members experience difficulties after using the casino to gamble for a while.

The better way to get away from the scam is,one should use the old gambling website and don't change your mind for the few dollars of bonus,the bonus was the trap.The new casino had easy to the hackers to hack because the developer may use the old algorithm to the new games.When you use the gambling site for longer period,So you know it was legit one.Even you can hold your money in the gambling site itself.Most of the times,the bonus will be the tempting one for the gamblers.Some of my gamblers friend use 5-6 website in a week and find the new one on upcoming week.

Look, I understand where you are coming from - being - Get approved, get instant withdrawal capability, then play, win and leave seamlessly.... However, submitting your ID to every single casino that you play on...that's just asking for data mismanagement issues and potentially even identity theft down the track.

The fact is that if you are using a casino that requires your personally identifying information, you should cease using it. If that means you can't gamble, then don't gamble. Once you mess with KYC, you aren't just gambling with your money anymore, you are gambling and risking potential future damage to your identity.

Use web3 and/or privacy friendly casinos. They generally do not require ID and with good due dilligence, you should be able to find ones that are legitimate. It must just take a little bit of extra digging and time.

If this is a requirement with the site then its better to comply especially if you want to gamble smoothly and get your money out without any hassle.
Although there are still cases that even if you comply with their KYC and manage to deposit some funds but if you are going to withdraw your winnings there are still chance that the site will ask for other KYC and usually this is where many experience a problem, its either about the restrictions of the site or you can't comply with the additional requirements.