I will pass KYC later is a bad idea - page 8.

ralle14

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Quote from: Crypt0Gore on August 24, 2023, 03:22:51 AM

If you believe that passing KYC on several online casino could put your information at risk you shouldn't be gambling on any one casino that requires for verification.

What if you win a large amount of money and you are asked to pass KYC before you can withdraw, I am sure you won't leave without withdrawing the fund, whatever the Casino plan to do with your KYC information later will remain unknown, we are back to where we start I believe.

Pass the KYC too early or later, the danger still lurking anyway, also you winning every rounds of game on the casino and they stop you still doesn't mean the next thing is to use your information for bad things behind your back.

Even if we play on casinos that don't require verification, they can eventually ask for verification because they update their terms and conditions.

I agree with you as well, there are still risks in passing KYC both early and late, and I only wanted to point out that it doesn't hurt to be cautious because passing KYC at the start doesn't always mean you're in the clear for withdrawing large amounts of money. Also, they could still ask for more information in the future because some casinos have different levels of KYC.

YOSHIE

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

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.

I don't know with other people, KYC is mandatory for them or gambling platforms, but not with me, I don't like online casinos asking for my identity, even though i won big, anyway i didn't bet big amount, so i don't really care in having KYC.

From one side KYC is good and on the other hand there are bad, maybe KYC must pass first for those who bet in large amounts, it does seem to be required, as you said, but there are many cases that I see kyc not working properly, because users commit violations that have been determined by the casino, but for me if we are not greedy in gambling, I think it's safe even though without KYC, to be honest until now I have never made a KYC withdrawal at the casino I played at, hoping there will be no problems later and it's still safe for me personally.

pawanjain

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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.

While that is true, I would suggest to make an initial deposit of a very small amount to try out the site.
After feeling confident about the site and making a withdrawal from the site, only then we should do the KYC.
Some sites are there just to steal your KYC details and so we have to be cautious while dealing with such sites.
So it's always better to make a very small amount of deposit to verify if the site is genuine and then proceed with KYC.

Vaculin

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Quote from: piebeyb on August 24, 2023, 10:32:42 AM

Quote from: Solosanz on August 24, 2023, 10:04:29 AM

Not everyone want to verify their account because they're just a small gambler and not looking to make big amount of money in the casino, they're only gamble for fun. But if there's a lucky moment someone hit a jackpot and he need to verify his account, he might give his KYC because he want to withdraw his winning. Successful or not, he will not really that care since gambling is for fun.

Yes, it's true that small gamblers don't need to do KYC because only for small bets to provide identity that would be very bad in my opinion, unless we are big gamblers who often bet with big bets maybe it would be better to verify KYC at the beginning but of course look for a big and reputable casino good on this forum as it prevents the scams that are happening in some casinos lately.

I think never try to play in a small and new casino let alone verify KYC at the beginning at that casino because of course they are still prone to cheating and manipulating the terms, as long as we are still small gamblers there is no need to rush to verify KYC because we can still withdraw money without problems in big casinos, except in small casinos it might be a hassle to withdraw money, after all I like to gamble for fun not for money Cheesy

It's quite risky because they aren't that reputable to trust our money and mainly our identity to them, anything can happen to a start-up casino as they might dissolve easily in just a few months because the target that they want isn't achieved specially these days that there are already dozens of online casinos that are already known to the community and it will be a total struggle for the new ones to compete with them. In most occasions, some gamblers might try what they are offering but that's for a limited time because one or another, they will always go back to where they want.

piebeyb

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Quote from: Solosanz on August 24, 2023, 10:04:29 AM

Not everyone want to verify their account because they're just a small gambler and not looking to make big amount of money in the casino, they're only gamble for fun. But if there's a lucky moment someone hit a jackpot and he need to verify his account, he might give his KYC because he want to withdraw his winning. Successful or not, he will not really that care since gambling is for fun.

Yes, it's true that small gamblers don't need to do KYC because only for small bets to provide identity that would be very bad in my opinion, unless we are big gamblers who often bet with big bets maybe it would be better to verify KYC at the beginning but of course look for a big and reputable casino good on this forum as it prevents the scams that are happening in some casinos lately.

I think never try to play in a small and new casino let alone verify KYC at the beginning at that casino because of course they are still prone to cheating and manipulating the terms, as long as we are still small gamblers there is no need to rush to verify KYC because we can still withdraw money without problems in big casinos, except in small casinos it might be a hassle to withdraw money, after all I like to gamble for fun not for money Cheesy

PX-Z

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Quote from: Xxmodded on August 24, 2023, 02:56:39 AM

How possibility is good decision for verifying document later? what happen when suddenly account get freeze huge amount withdrawing activities will get easily for KYC approving?

A KYC verified account is not a security and wont give any kind of assurance that your account will not be locked after requesting withdrawal.

Passing KYC later is the standard way, and usual way to do it. Your question will be solve in passing KYC, and only a newbie and no brainer will withdrawn all his deposits + huge wins in a single withdrawal request which always trigger a casino to do a strict verification/analysis to the account.

Quote from: Xxmodded on August 24, 2023, 02:56:39 AM

I don't think gambler want to create multiple casino account because hunting bonus signup is difficult with small offer, better KYC firstly before depositing fund and when huge amount withdrawing there are not get problem from gambling platform or casino required for verifying account..

Deposit bonus is not the only thing why gamblers use different casino at least 2-3 sites where they are KYC verified, check my first post. And its a fact, many of us uses multiple casinos, kyc-verified not just only 1.

Those locked accounts after KYC verification are isolated cases only, despite of thousands of good experience there is 5-10 cases such as these which those users knows why. Usually it's always on their end, internet connections — using VPN, from banned countries, banned users that share the same ISP and location, user with the same pattern from banned users, and many more. Although some of these were solved and/or returned their deposits since its against casino terms, there are some who were totally locked. Worst case, users use scam casino, exit-scam casinos, and etc.

Solosanz

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Not everyone want to verify their account because they're just a small gambler and not looking to make big amount of money in the casino, they're only gamble for fun. But if there's a lucky moment someone hit a jackpot and he need to verify his account, he might give his KYC because he want to withdraw his winning. Successful or not, he will not really that care since gambling is for fun.

TheUltraElite

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So anyway, I applied as a merit source :)

I think the human habit of procrastinating added to the non-compliance with KYC is the reason for this. Although I dont support either the KYC of gamblers on a casino neither do I support gambling like an addict, I think things might become better as crypto become mainstream and gets acceptance. Although there might be grey areas because this is the gambling section we are talking about.

Frustration seen after getting money locked up because the player did not pass KYC yet is something common. But I do suspect many users to be using tainted money sources and then getting caught to be in this group too.

Woodie

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If this involves playing with a small amount, I think this shouldn't land you into more scrutiny from the gaming house, unless you have a similar play style with somebody else especially if this is a winning strategy..then most definitely this will attract the attention of the house.

When is the right time to go through KYC, let's just say its safe to do this before depositing any big amounts or better yet after registering account if you know that the casino is going to make you go this process sooner or later.

Japinat

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Quote from: Xxmodded on August 24, 2023, 02:56:39 AM

Quote from: PX-Z on August 23, 2023, 06:33:17 PM

Verifying later on is a good practice for privacy, while the other way around is assumption of having a security of the deposit and future withdrawals. Where in fact your account can be locked even though you are already kyc verified, since your KYC is not the only thing they will look at when there's a "suspicious" activity on the account. For those users who have single playing casino, that's good, not for those who have multiple casinos. Why people plays in different casino? Simply because they don't share the same odds, games, game provider, etc.

How possibility is good decision for verifying document later? what happen when suddenly account get freeze huge amount withdrawing activities will get easily for KYC approving? I don't think gambler want to create multiple casino account because hunting bonus signup is difficult with small offer, better KYC firstly before depositing fund and when huge amount withdrawing there are not get problem from gambling platform or casino required for verifying account.
Since many cases with account suddenly freeze with withdrawing activities, its warning for all gambling platform have to verify account firstly before active playing in gambling platform.

It depends on you, really. If you are looking for a casino that has an options to be verified later on then you yourself should already know the risks that are associated to it and practice being safe on the side as anything can happen to your account. In situations like that, it's much better if you will just pour a small funds towards the account so that you can accept what will happen along the road and if you have a winnings on that, be aware that you should withdraw some of it bit by bit because if you will withdraw it all in one go, they might freeze it.

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Quote from: Plaguedeath on August 24, 2023, 08:53:53 AM

Even you've completed the KYC after registration, don't think your account is already safe to prevent KYC drama, the casino can demand back the KYC you've sent with an excuse to prove if you're the real person who's control your account. They will say they detect an unknown connection or device, so they want to prove your ownership. And the new drama will begin, after all it's depend on the casino want to pay the winning or not.

You are right, but situations or issues like this dont just come up on casinos, expect the casino is one that is not trusted and possibly managed by scammers.

A reputable Casino can only demand a re-submittion and re-passing a kyc verification only if you access your account with a VPN, something you've never done before, or maybe right from the time you registered, you've always used VPN to access the casino, and some day for some reason, you forgot or willingly decided to access the casinos with your normal IP, such moves can trigger the KYC system where by you will be required to re-verify your account, most especially if you have some big amount of money in pending withdrawal request.

Plaguedeath

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Even you've completed the KYC after registration, don't think your account is already safe to prevent KYC drama, the casino can demand back the KYC you've sent with an excuse to prove if you're the real person who's control your account. They will say they detect an unknown connection or device, so they want to prove your ownership. And the new drama will begin, after all it's depend on the casino want to pay the winning or not.

shogun47

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Quote from: ralle14 on August 23, 2023, 05:53:05 PM

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

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.

I prefer dealing with the verification part later on once i'm sure i'll be playing regularly in the casino I picked because, as one of the earlier posts mentioned, gamblers have several accounts, and verifying every single one could put your information at risk.

Getting verified too early also comes with a risk. What if you suddenly go on a heater after your verification and the casino doesn't want you playing on their site anymore after making too much profit from their games?

It both has advantages and disadvantages but isn't the most important criteria that the site is legit? If a site is legit in terms of licenses and registration and you win a lot of money on their platform and they still deny the payout, at least you would have a chance to sue them if you've done nothing wrong. If a site is unknown or can't be sufficiently verified, it should be avoided altogether. There is nothing you can do when such a site denies a payout. On legit sites I would always expect them to ask for KYC and be ready to provide it unless the own preference for data privacy outweighs the money that is at risk there.

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Quote from: alastantiger on August 23, 2023, 06:44:49 PM

Quote from: Doan9269 on August 21, 2023, 07:06:08 AM

A reputable casino will not do that, maybe some are not providing adequate ad required documents needed for the casino tobe satisfied with.

No reputable casino will do it . It is only the bad eggs amongst them that keeps spoiling their name. However I think what the OP is trying to say is that to have a hitch free withdrawal process is for the gambler to do the first things first at the beginning by completing the KYC requirements. No reputable casino will hold back your winning because of KYC. Infact they want returning gamblers so they'll make the KYC process pretty straightforward.

Those who want to establish their casino business must allow their clients to withdraw their money after receiving proper information. But casinos that have different demands i.e. plan to withdraw money by operating their business for a short period of time they try to freeze the money of those clients or not allow them to withdraw their money. A major advantage of gambling at a reputable casino is that a gambler can place his trust. But I also think a gambler should resolve their KYC issues before depositing money in any casino platform.

SquirrelJulietGarden

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Quote from: virasisog on August 24, 2023, 05:55:58 AM

I've learned this lesson a few years back. I gambled before not knowing that they will require KYC once you withdraw your money, and had my KYC rejected several times which is really frustrating. So, before getting involved in any gambling sites, make sure to read their terms and conditions to avoid having your money frozen in their website once you have made a deposit or about to withdraw your winnings. Take note there are abusive gambling platforms that will find ways for them not to pay your money back if you've won a lot of money.

Reading Terms of Service is painful so you can reduce your pain by reading FAQs with very basic questions and answers that usually including KYC and withdrawal terms. If you don't find what you need or need more details, you can search with keywords in Terms of Service.

I agree with your recommendation and only want to share some quick ways to scan Terms of Service and FAQs.

Quote from: ethereumhunter on August 24, 2023, 05:40:13 AM

At least if we have verified KYC, we can avoid problems of suspicion from casinos because we can win large amounts of money and deposit large amounts of money to gamble. And even when we want to withdraw large amounts of money, there won't be any problems because our gambling account has been verified and the casino will process it without any suspicion if we have violated one of the rules.

If you search and find terms about KYC, you should do KYC before using your account for betting. If you don't want to have account termination, withdrawal suspend later and have vague idea about doing KYC or not. You must clear your minds at KYC-required gambling sites at beginning.

Quote

Apart from that, by verifying KYC, we could get another bonus specifically given to members who have done KYC, which means we are one of the members who can get it.

If a casino does not require mandatory KYC, it's good to use your account there. However, you must avoid abusing their bonuses, promotions because they can detect your cheating on their platforms. They always have terms to terminate your accounts or request KYC if they detect cheating or suspicious activities.

virasisog

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I've learned this lesson a few years back. I gambled before not knowing that they will require KYC once you withdraw your money, and had my KYC rejected several times which is really frustrating. So, before getting involved in any gambling sites, make sure to read their terms and conditions to avoid having your money frozen in their website once you have made a deposit or about to withdraw your winnings. Take note there are abusive gambling platforms that will find ways for them not to pay your money back if you've won a lot of money.

ethereumhunter

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Quote from: Westinhome on August 23, 2023, 11:49:42 AM

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.

At least if we have verified KYC, we can avoid problems of suspicion from casinos because we can win large amounts of money and deposit large amounts of money to gamble. And even when we want to withdraw large amounts of money, there won't be any problems because our gambling account has been verified and the casino will process it without any suspicion if we have violated one of the rules.

Apart from that, by verifying KYC, we could get another bonus specifically given to members who have done KYC, which means we are one of the members who can get it. That means before we do KYC, we have to find a trusted casino that can take good care of all the customer data so there will be little worry from its members. By doing KYC, our status will become a priority for the casino because not all of its members want to do KYC.

Frank_Holo

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Definitely agree that crypto casinos should keep KYC to a minimum unless they suspect the player is a politically exposed person or perhaps their transactions appear to be money laundering related. It's usually quite obvious to the casino when users are attempting to launder ill-gotten funds, the players meet minimum requirements for deposit withdrawal (usually 1 or 2x wager of total deposit amount) and then immediately try to withdraw the majority of funds.

Gambling should be for entertainment and not a route for scammers to clean funds after all but I'm definitely pro no-kyc!

Inwestour

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Quote from: alegotardo on August 23, 2023, 06:49:21 PM

I disagree with you. I have an account in some casinos where I did not carry out the KYC until today, I did not do it for the reasons below:
1. I play for fun, relatively low values and I always convert my winnings into more bets because I don't have profit as the ultimate goal;

But you understand that at some point, if you manage to win a large enough amount, you will want to withdraw it, and for this, most likely the casino will require you to go through verification, which you will do in this case, you will just play on and not try withdraw nothing?

Even if you play just for fun, at some point with the right result you will have a desire to take some of the profits, this is normal for any successful player.

Pierre 2

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I always disliked about KYC. I missed the days when we didn't need to do it all. But at this point kyc is becoming nearly necessary I wouldn't gamble about it. If I set new accounts in various gambling websites I am sure to do KYC at first. I think I agree with people about this. If you avoid kyc and make money through website its very risky. Your money may stuck in there which would mean you wasted all your money.

Topic: I will pass KYC later is a bad idea - page 8. (Read 1740 times)