Information of Crypto Casinos License and KYC requirements - page 11.

Sirait

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Quote from: UserU on February 05, 2022, 05:00:05 AM

Quote from: delfastTions on February 05, 2022, 04:07:15 AM

cut

If you've not directly dealt with casino daily operations, it might be hard to understand why they take KYC seriously.

They're there to make sure some underaged kid which shouldn't be gambling in the first place to bring back a huge sum that would be problematic, given he or she is below the legal requirement.

And then there's some people that prefer to whitewash their stolen funds.

Nobody wants to be (in)directly involved in someone else's dirty affairs.

@op it's a great table. to be honest the pros and cons of KYC will continue to emerge, many support, many also reject but from my personal perception, I support what you say. KYC is great for preventing minors from gambling as well as deterring money launderers, I hope we can all respect the rules made by a gambling site because they want to do business in the long term.

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Quote from: delfastTions on February 05, 2022, 04:07:15 AM

It is absolutely true that it is written above that passing KYC can cause problems, and if KYC is not required, then this can also cause problems. In short, it turns out that in any case there may be problems for the gamers. And there are only two problems:
1. There is no way to get the winnings if KYC has not passed Angry

2. If you winnings and you have passed KYC then it fell under the control of the tax service and apparently will have to be divided- part government Sad

. But this is in good countries where there are no gangs of extortionists. And in bad countries, with high crime, everything can be taken away. So whatever one may say this damn KYC is nothing but problems. And what bastard came up with it and now demands it everywhere?

If you've not directly dealt with casino daily operations, it might be hard to understand why they take KYC seriously.

They're there to make sure some underaged kid which shouldn't be gambling in the first place to bring back a huge sum that would be problematic, given he or she is below the legal requirement.

And then there's some people that prefer to whitewash their stolen funds.

Nobody wants to be (in)directly involved in someone else's dirty affairs.

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Quote from: AmoreJaz on February 04, 2022, 08:00:07 PM

Quote from: johhnyUA on February 04, 2022, 05:24:06 PM

Quote from: mindrust on February 04, 2022, 01:31:10 PM

License means regulations, regulations means problems. Why would a casino need a license?

Can't agree. I, for example, use bet365 where everyone needs to pass through KYC. And because 365bet has UK license I'm sure that my identity maybe in bigger danger than no-KYC but at the same time much safer that book will not disappear into sunset.

Quote from: mindrust on February 04, 2022, 01:31:10 PM

If I can't access to a casino like this, of course my second favorites are Licensed/No KYC casinos.

I think such casinos doesn't exists. Licensed means that customer will be forced to pass through KYC.

we have seen here that there are some licensed casinos that don't require KYC. unless, you are a high roller and you surpass their limits ( usually 2k EUR or 2k USD). otherwise, you can play without worrying about KYC. and they have gaming license.
just to give example is stake and betfury. it says from the table that they are licensed, but kyc is only done if needed. and one thing you need to keep in mind is accumulated deposits/withdrawals.

It is absolutely true that it is written above that passing KYC can cause problems, and if KYC is not required, then this can also cause problems. In short, it turns out that in any case there may be problems for the gamers. And there are only two problems:
1. There is no way to get the winnings if KYC has not passed Angry

2. If you winnings and you have passed KYC then it fell under the control of the tax service and apparently will have to be divided- part government Sad

. But this is in good countries where there are no gangs of extortionists. And in bad countries, with high crime, everything can be taken away. So whatever one may say this damn KYC is nothing but problems. And what bastard came up with it and now demands it everywhere?

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Quote from: johhnyUA on February 04, 2022, 05:24:06 PM

Quote from: mindrust on February 04, 2022, 01:31:10 PM

License means regulations, regulations means problems. Why would a casino need a license?

Can't agree. I, for example, use bet365 where everyone needs to pass through KYC. And because 365bet has UK license I'm sure that my identity maybe in bigger danger than no-KYC but at the same time much safer that book will not disappear into sunset.

Quote from: mindrust on February 04, 2022, 01:31:10 PM

If I can't access to a casino like this, of course my second favorites are Licensed/No KYC casinos.

I think such casinos doesn't exists. Licensed means that customer will be forced to pass through KYC.

we have seen here that there are some licensed casinos that don't require KYC. unless, you are a high roller and you surpass their limits ( usually 2k EUR or 2k USD). otherwise, you can play without worrying about KYC. and they have gaming license.
just to give example is stake and betfury. it says from the table that they are licensed, but kyc is only done if needed. and one thing you need to keep in mind is accumulated deposits/withdrawals.

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Quote from: mindrust on February 04, 2022, 01:31:10 PM

License means regulations, regulations means problems. Why would a casino need a license?

Can't agree. I, for example, use bet365 where everyone needs to pass through KYC. And because 365bet has UK license I'm sure that my identity maybe in bigger danger than no-KYC but at the same time much safer that book will not disappear into sunset.

Quote from: mindrust on February 04, 2022, 01:31:10 PM

If I can't access to a casino like this, of course my second favorites are Licensed/No KYC casinos.

I think such casinos doesn't exists. Licensed means that customer will be forced to pass through KYC.

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Quote from: qwertyup23 on February 04, 2022, 02:08:18 PM

Quote from: mindrust on February 04, 2022, 01:31:10 PM

No License, No KYC casinos are my favorites.

License means regulations, regulations means problems. Why would a casino need a license? The only thing a casino needs is a good reputation and it only takes some time to build it. freebitco.in is a very good example.

If I can't access to a casino like this, of course my second favorites are Licensed/No KYC casinos.

I somehow agree with your statement. Though what bothers me are unlicensed online gambling websites as they are unregulated. Though this may be the case, this can easily be remedied if the gambling website has proven itself to be relatively 'trustworthy' through the test of time (e.g. their overall time of service, etc.). But generally, I avoid unlicensed gambling websites especially if they are brand new and if they are still establishing their name on the market.

As for KYC, it is definitely a no-brainer for me. Why would I ever want to expose my identity to something that is unregulated/regulated which can potentially leak my information?

I think the same, every time we bow down to a centralized authority then they are free to put forward whatever regulations that they like, it is true that gambling in an unlicensed casino is a risk especially if it is relatively new, but if the casino has shown through their actions that they are to be trusted then that is more than enough to me.

After all the main reason that made gambling with cryptocurrencies so successful at the beginning was the ability to gamble without the need of going through KYC policies.

BTW great thread OP, merited.

qwertyup23

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Quote from: mindrust on February 04, 2022, 01:31:10 PM

No License, No KYC casinos are my favorites.

License means regulations, regulations means problems. Why would a casino need a license? The only thing a casino needs is a good reputation and it only takes some time to build it. freebitco.in is a very good example.

If I can't access to a casino like this, of course my second favorites are Licensed/No KYC casinos.

I somehow agree with your statement. Though what bothers me are unlicensed online gambling websites as they are unregulated. Though this may be the case, this can easily be remedied if the gambling website has proven itself to be relatively 'trustworthy' through the test of time (e.g. their overall time of service, etc.). But generally, I avoid unlicensed gambling websites especially if they are brand new and if they are still establishing their name on the market.

As for KYC, it is definitely a no-brainer for me. Why would I ever want to expose my identity to something that is unregulated/regulated which can potentially leak my information?

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Quote from: mindrust on February 04, 2022, 01:31:10 PM

No License, No KYC casinos are my favorites.

License means regulations, regulations means problems. Why would a casino need a license? The only thing a casino needs is a good reputation and it only takes some time to build it. freebitco.in is a very good example.

If I can't access to a casino like this, of course my second favorites are Licensed/No KYC casinos.

Probably a problem for some gamblers where if a casino have license means that some gamblers from a country where gambling is illegal so it really is a pain in the ass. It's just like the casino where I came across where the country where I'm from is in the list of countries that are blocked or illegal them that means if a gambler from that country gambled big time then request a cash out and the casino ask for KYC then that gamble would surely won't be able to cash it out due to that reason.

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Quote from: mindrust on February 04, 2022, 01:31:10 PM

No License, No KYC casinos are my favorites.

License means regulations, regulations means problems. Why would a casino need a license? The only thing a casino needs is a good reputation and it only takes some time to build it. freebitco.in is a very good example.

If I can't access to a casino like this, of course my second favorites are Licensed/No KYC casinos.

For the license I agree with what you said but for KYC actually it's still fifty fifty in my opinion.
maybe for people who only gamble with small bets and gamble just for fun I feel that KYC is not really needed but on the other hand we also can't forget some people who gamble in big enough bets and I still feel KYC could be a pretty good thing for them.
apart from verifying their identity, this can also be used to minimize the fact that their account doesn't transfer to someone else so things like KYC will still be important to them even though most gamblers don't like it.

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No License, No KYC casinos are my favorites.

License means regulations, regulations means problems. Why would a casino need a license? The only thing a casino needs is a good reputation and it only takes some time to build it. freebitco.in is a very good example.

If I can't access to a casino like this, of course my second favorites are Licensed/No KYC casinos.

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Quote from: FatFork on February 04, 2022, 12:40:37 PM

~snip~

Thanks man! You have made it easier for me now. I wasn't aware of this direct link. I will make a different column within next few days with the Curacao gambling company registration number and the verifier link of each casino. However, this system won't work for those casinos who doesn't operate with Curacao gambling license. As example: blackjack.fun.

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Quote from: Mahdirakib on February 04, 2022, 08:00:12 AM

Currently there is a way to verify the Curacao gambling license (license provider company) of a casino by searching with their registration number or the company name.

If we know the company registration number, there is a direct url that can be used to get an Excerpt from the Curaçao Commercial Register.
It's just a matter of replacing the ID number with the correct registration number of the company you want to check.

For example this is a direct url for mBet Solutions N.V. company (Sportsbet.io), with registration number 129230:
http://www2.curacao-chamber.cw/excerpt.asp?establishmentnr=0&legalformid=51&companyid=129230

Maybe you can use this to create active links in your table when adding company registration numbers.
Great job, by the way.

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Update: Just added the information of 5 more casinos. They are Gamdom, MintDice, PlayBitcoinGames, Rocket Run and Thunderpick.

Quote from: notblox1 on January 26, 2022, 04:34:02 PM

I like that you organized the list in alphabetical order but I would like to see more info for license number and link if possible.

Alphabetic order is better than the random order. I didn't give priority to any random or popular casino here. Not to mention, the list only contains legit casino who doesn't have bad reputation. About the license number or link, it isn't possible to add the validator link in this topic. But I will add the license registration number and company name of each casino on my next update. Currently there is a way to verify the Curacao gambling license (license provider company) of a casino by searching with their registration number or the company name. I'm giving the example of two casino here:

Quote from: slaman29 on January 28, 2022, 08:15:50 AM

So maybe one purpose of this topic is to highlight services that still don't ask for KYC?

This topic is created to make the KYC requirements and license details available at a single place, so that the bettors can easily get the information here.

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Quote from: delfastTions on January 27, 2022, 07:46:25 AM

I remember with nostalgia those times when no one thought about any KYC, much less demanded it, even if you need to take $100-150... in your wallet.
Now everything has changed, and the worst thing is that this KYC is required in different ways, up to the video image of the face.

I am sure we all miss that time, especially for those who knew bitcoin from 2013-to 2018 which do not require KYC for playing gambling. That is regulations from the crypto gambling site because they must follow the new rules from the provider and the providers follow the government rules.

We can not do anything but luckily, we have some crypto gambling sites that still do not require KYC to play gambling so we do not have to worry about any limitations. But some crypto gambling sites still need KYC for those gamblers who want to withdraw for some big amount and can accept that.

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Quote from: delfastTions on January 27, 2022, 07:46:25 AM

And so, - in general, OP created an excellent topic!
The first post is above the best praise!

Well to be honest I do not think it was just crypto or just gambling alone. I remember using a lot of services, even money services and none of them asked for KYC. Now to even find a website or service that does not even ask for an email or phone is impossible.

I personally think we have to accept that once crypto becomes more and more recognized we have to bow with the regulations OR support more services that use anonymous crypto or accept BTC in ways that are still more private.

So maybe one purpose of this topic is to highlight services that still don't ask for KYC?

Totally agree great topic, merit it Wink

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Quote from: slaman29 on January 27, 2022, 07:29:36 AM

Quote from: Haunebu on January 26, 2022, 05:16:10 PM

Just stumbled onto this thread and I like the manner in which KYC requirements have been specified for each crypto gambling site individually even though I am aware of most of them.

The key point here is 'KYC if needed'. Some of these sites enforce KYC stating various reasons and it becomes difficult to tell whether they are lying or not.

Whatever the case, most gamblers end up submitting their KYC in order to access their funds since there is no other proper alternative. Silver lining here is that some of these sites never cheat their customers using KYC as an excuse.

I would agree with this. For me, as long as the site HAS an allowance or a need for KYC, then you should mark the casino as KYC needed, or "KYC will be needed in long term". I know it is unfair to some casinos who only ask for KYC in extreme circumstances compared to casinos who ask every withdrawal or every win, but for the benefit of the player, they should know what they are getting into and then maybe have a separate rating for KYC fairness?

I remember with nostalgia those times when no one thought about any KYC, much less demanded it, even if you need to take $100-150... in your wallet.
Now everything has changed, and the worst thing is that this KYC is required in different ways, up to the video image of the face.
But it is known that all personal data bases are constantly leaking somewhere, they are hacked or simply sold, and all this data of yours may well be widely available, including to criminals and various scammers.
And using your stolen personal video data, scammers can create you virtual in the metaverse and then do all sorts of bad things on your behalf.
That's where I see the danger of these fucking and endless KYC.

And so, - in general, OP created an excellent topic!
The first post is above the best praise!

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Quote from: Haunebu on January 26, 2022, 05:16:10 PM

Just stumbled onto this thread and I like the manner in which KYC requirements have been specified for each crypto gambling site individually even though I am aware of most of them.

The key point here is 'KYC if needed'. Some of these sites enforce KYC stating various reasons and it becomes difficult to tell whether they are lying or not.

Whatever the case, most gamblers end up submitting their KYC in order to access their funds since there is no other proper alternative. Silver lining here is that some of these sites never cheat their customers using KYC as an excuse.

I would agree with this. For me, as long as the site HAS an allowance or a need for KYC, then you should mark the casino as KYC needed, or "KYC will be needed in long term". I know it is unfair to some casinos who only ask for KYC in extreme circumstances compared to casinos who ask every withdrawal or every win, but for the benefit of the player, they should know what they are getting into and then maybe have a separate rating for KYC fairness?

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Just stumbled onto this thread and I like the manner in which KYC requirements have been specified for each crypto gambling site individually even though I am aware of most of them.

The key point here is 'KYC if needed'. Some of these sites enforce KYC stating various reasons and it becomes difficult to tell whether they are lying or not.

Whatever the case, most gamblers end up submitting their KYC in order to access their funds since there is no other proper alternative. Silver lining here is that some of these sites never cheat their customers using KYC as an excuse.

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the kyc will always remain something that will continue to exist in the gambling world. It is that it is all crypto related gambling, but on cross-section bookmakers site I think there is already a kyc everywhere. Once you've passed the kyc, you should be fine. Unfortunately, there are also a number of sites that use kyc as an excuse to stretch payouts that way. I don't think that's the intention. Actually, there should be a clear policy for every gambling site with regard to the kyc, so for example always from a certain amount, just to name a few.

Topic: Information of Crypto Casinos License and KYC requirements - page 11. (Read 4434 times)