Topic: I will pass KYC later is a bad idea - page 7. (Read 1714 times)

A few casinos could allow you to play for such a long time without demands for KYC as long as you dont violates any of there terms of service and you withdrawal vs deposits remains within the limit stated.

So I am not surprised to see that the players could go all the way since 2020 to date without being asked for KYC,  but then he must have it at the back of his mind that at some point he will have to do the KYC if the casino stated KYC in the terms of service.

I would prefer not to do KYC until the casino forces me to do it when I have my money stuck at the casino, unless it has been stated in their terms and conditions that I have to do KYC first then I can take the next steps, such as depositing and playing, then like it or not players have to comply but if it has been mentioned beforehand then looking for another casino would be more my choice, because to be honest I don't like KYC and pretty sure many players also feel the same way not liking KYC.
But if there are players who prefer KYC at the beginning so they don't face problems in the middle of the game then that's up to them, and actually, there is a way we don't have to do a lot of KYC, namely by only being loyal to one or two casinos that are trusted and have fulfilled everything needed by gamblers.
Chasing bonuses and other promotions from a new casino can be tempting sometimes but remember that it will make us do a lot of KYC, and they can misuse our data because we don't understand how trusted the new casino is.

If you can care to tell us which gambling site you're playing since 2020, and you are not asked for KYC  ?

In all these years, you haven't been able to win anything significant as it has been 3 years now since 2020.

Also note they may not ask for KYC if you started to win, usually the casino are more concerned if you want to withdraw the big amount ? If you continue playing with the winning amount, there are fine with it.

The gambling site I'm using doesn't require KYC to start gambling, so you're right; they will only require it later when they choose to, based on their terms and services, and we are obliged to comply. As of now, my account is still normal. I created it in 2020, and I haven't been required to undergo KYC, maybe because I haven't won? Let's see if they will require me a KYC once I start winning. 

It's their personal investigation, so we have no choice but to wait, but if it's a reputable casino, you'll surely be treated fairly.

What terms and conditions you refer to?

Most of casinos only stated the KYC verification will take some time to be verified, some time isn't specific and if you contact the live support, they will say as soon as possible. Not to mention there are few casinos ever solve an accusation was late from the promise because so many excuses and so called investigation which no one can verify it.

Even if someone uses multiple platforms, they should only go with the ones that are the most trusted and reputable platforms so that they don't face any issues when they do their KYC verification with them. When you are doing KYC verification on a platform that is new in the market and you haven't heard any reviews about it yet, you will surely not have peace of mind and you will feel like your identity documents and personal information might be misused.

So, when a gambler wants to try different games or see better odds at a different platform, they should first make sure that the platform is trusted and then they can go for it. If they want to try a new platform, they don't need to do KYC at first but shouldn't deposit a lot of money.

The truth is that sometimes when we are so desperate to place a bet we don't think about the options to read the terms and conditions in the site, sometimes the reason we face such challenges is because we change our minds from our previous account to a new betting sites, thats why we finds is somehow difficult to withdraw our winning from a gambling sites.
Reading the terms and conditions of any new sites and also passing the KYC will reduce our minds from provoking imagine you won a bet and finds it difficult to withdraw your winnings.

Well, you are right, but then, it's all due to the nature or gambling though, and for the fact that people do not take it really serious due to the fact that it always involves very small about of money, most especially for those who are not high rollers.

Like for example, I have just $20 or $50 to play with, it is normal not to consider that a high enough amount of money to warrant me first going through a verification process, waiting days to get verified before depositing that amount and playing, gamblers usually don't see it as worth the stress, until luck hits them and they win some reasonable amount of money..

But then again, the people that use these sportsbooks and casinos usually aren't first time gamblers..which means chances are high they have undergone KYC on other platforms without any rejection and they would be confident that they can play now and get to pass KYC later and 95% of the time it works!

But for anybody new to the gambling  🎰  world, word of advice should be KYC before deposit to avoid any future problems when trying to withdraw as these casino's act funny sometimes .

I don't agree because for the amounts that I play for I have never been KYC'd (sometimes even going beyond the amounts that make you KYC'd according to the ToS, but that would be the subject of another thread). Precisely by doing what I have done, no crypto casino, and I have played in a few, has my personal data. And your proposal to pass KYC a priori doesn't get you out of trouble 100% because if you win a big win and the site wants to delay the payment of your withdrawal, as they usually want to do, they can find any other excuse.

Yes, that's absolutely true mate. We must be able to decide to do KYC at the beginning before registering or after we win because casinos can ask us to do KYC whenever they want. And it will also be our responsibility to do KYC, whether we will continue to do KYC at that casino or choose to move to another casino. But the average gambler will complain about this KYC problem after they encounter a temporary hold on their withdrawal process if they haven't done KYC.

We, as crypto users, would be very happy if we could find a casino that doesn't require mandatory KYC because we don't want to hand over any documents to the casino. Moreover, our goal in playing gambling is just to have fun and not to chase victory or other goals. But those who really intend to win must be aware that doing KYC will be something they have to fulfill if they want to process the withdrawal later. And if we don't want to do KYC, we don't need to take part in bonuses and promotions if there really is a requirement to do KYC first.

They get what they wanted, though. People who aren't really taking the time to review everything and not act upon what they find are the ones who are really asking for trouble. They already know the possibility, and they already tried the game. What else do they need to find out? If other people are already submitting KYC docs to the casino, what stops them from doing the same anyway?

You are right, some people who feel that it's good to deposit and play gambles first before verifying it kyc is the best, they are people who complain mostly in gambling websites, kyc verification needs to be done before involving in any act of things in a particular platform, because I believe that why some people do have issues in a particular platform is because they refuse to follow the instructions of gambling platform I know, so in particular gambling platform you need to study their requirements first before associating or working with them properly.

I found this not good at some point. If we don't have a plan to keep on playing on that site, that's totally not making sense.

If truly afraid about being asked on KYC, then we can check the Terms and Conditions related to that so we know what to do later on. If not satisfied, we can email the support for a much better explanation of anything related to KYC. I don't find it a good idea to just proceed with the identity and verification process when in the first place, we are not planning to play longer on that site.

Aside from that, if deposits are done normally, without any promotion, I don't find the winnings from that as subject to KYC right way not unless the said gambling site does have a requirement of having verified first before any withdrawal should be made. Fortunately, here in the crypto-gambling world, there are lots of gambling sites that don't need a forced KYC regardless of the winning amount*.

Yes, I think it's more wise to pass KYC and even know the pros and cons of a platform before deciding to put your money into it, be it a casino or even an exchange. I had that bad experience with an exchange in the past, where I created an account and deposited my coins there, but after trading and trying to withdraw, I realised I had to pass their KYC first before withdrawal was allowed. I tried the KYC procedure, but confirmation took more than two weeks, after which it failed, and I tried it again, which lasted again for about a week and failed. I wrote countless emails to the exchange but got no response. I finally retracted my asset, but it took about two months. So, I think this kind of thing could also happen to gamblers at any casino of their choice, so I agree that one should look out for the pros and cons of a casino before making a deposit. If it's a casino that requires you to pass KYC, do it first before depositing.

True, it's rarely to see that the gambling site was limiting the account that was only wagering small amounts of money. The strict requirements were only happening for someone who wagered huge sum of money. Sometimes, it's really stressed in verifying our account as the casino demands difficult requirement. It's not all of people are gambling for fun, but majority is yes. People are being safe from verification as long as they were wagering below the limit already set by the casino itself.
It's cool to see that but the winner of jackpot may need to verify their KYC through difficult ways. I saw that some were winning max win, but they were struggling to verify their KYC to withdraw their jackpot.

People can use that trick. No jackpot no KYC. 

If your KYC isn't approved yet, there must be some limitation on the casino site. I even think you may not playing on certain games, so how you can win the game? Moreover, it is a rare case to win first but you will pass KYC later. Even it is possible, it should be not in popular casinos. Most casinos must be aware of this possibility, so they have a mechanism to prevent this case.

Ideally, you can't deposit if your KYC isn't approved yet. The casinos must already give a warn to every new gambler to finish KYC first before they make a first deposit. Those new gamblers who make rush deposits, must don't read a term & condition first. It is purely the mistake made by the new gamblers, it is not the casino's fault.

Could really be distinguished but on later time durations but we arent that dumb not to see those main differences in between those new or old reputable platforms in speaking about legitimacy in speaking about huge wins.
There are really just those people who are really that too mindful about winning amount lock ups and asking about that kyc which it turns out to be standard for most casinos but actually there are really that casinos who do really pay out no matter how big it is as long you havent violated something during on your game plays or simply having no issue then they could really be able to release it right away but of course it would be impossible if there would be no check ups or if it doesnt really turn on the alarm then i dont really see something or any issues at all.

Sending out your KYC before you do play or get involved on a gambling platform is a no go here on crypto space. Just like on what been said that we do really prioritize or really that give importance with our privacy
and sending out documentations is never been that ideal or something appealing. This is why it would be always better that you should stick into reliable and trustable ones and making up some research doesnt
really cost an arm and leg of yours if you are really that minding with this kind of issue.

To ignore the important things is to ignore the money they put in. Even though they took pains to make the bet at the beginning, when they wanted to withdraw there were many problems that arose because of some ToS that required KYC or some other rules.
Usually also about restrictions on who can access, use of VPNs and such. Reading the rules at the beginning will not take up a lot of our time, it will give us a clear understanding of how the gambling platform works

That's quite a conundrum. If the casino is legit and honest - they will not try to scam you by stalling your KYC verification. But if they're scammy, even if you pass KYC first, they could find a thousand other made-up reasons to freeze your funds and deny withdrawal.
So, if you have to gamble at all, it's best to use a casino that operates legally and is licenced/registered in your jurisdiction, in such way you should be able to use legal means to get your money back if things go wrong.
Or just use unlicensed crypto casinos that don't require KYC but are trusted and have been operating for a long time.