Topic: Information of Crypto Casinos License and KYC requirements - page 4. (Read 4434 times)

Thank you for the info. I will add them to the list within next few days. I'm going to recheck the license details of each casino, and it will take some times to do that.

BTW, I just checked the thread on your local board. Someone has mentioned about dapp casino there. But you have to keep in mind that all the dapp or web3 casinos aren't safe. There is a safety risk if you connect your wallet to the web3 casino. Someone has mentioned about 0xBet casino as well. But 0xBet isn't a KYC free casino, they also reserve the right to ask the crypto users to complete the KYC verification.

I found one more gambling platform which does not require KYC yet.

https://www.l0tt0.com/

here we can see the owner talking about it

Update: Betnomi and Coinslotty has been removed from the list. There is no sign for Betnomi to get back into the business. Updated the KYC requirements of Freebitco.in as they have implemented new terms to make the website professional. Based on the new terms, they may request for the KYC verification. Blackjack.fun has removed the license validator link. It has been updated in the list too.

If we remember that regulations come from governments, it is something that I think many will not like, not to say that most will not like it, firstly because we all know that we live in a controlled system where governments do not It's convenient for them That there are people who have a lot of economic power, they don't like it, but how are they going to control them? They are controlled by debt, by necessity, so obviously, like Bitcoin and crypto technology, they don't have access, they want to do whatever it takes to get in, they take advantage of casinos.

The casinos take them as an entry agent, they know that the majority are fiat, but when using crypto, they enter with the story of protecting the players, and how? with KYC, otherwise the casino does not exist, it is something like intimidation.

Sometimes when we see several threads on the forum that have to do with KYC and the endless debate on KYC, that in part we as players must sometimes accept that a KYC must be done to make a withdrawal because if it is not complied with there is no money, so the retirement banner makes any player not like it and secondly, they feel very pressured, for this reason when we see this type of situation we have to evaluate whether or not it is worth leaving a KYC, and like me I have said it, comply with the KYC only in our favorite casinos as long as they are known to be extremely reliable, in my case stake.com, bitasino.io, uelbtis, among others are casinos that have proven to be very reliable and of very good quality. reputation, and luckily in the lining we have the Ann threads of each of them.

Exactly, you have said everything in a more summarized way, but that is why it is the fight of No KYC, governments that use excuses to protect players should not be pleased when in reality what they want is the big cut for them, and it is not fair, because governments or banks should have participation in technology, nor get into people's personal data to later charge high tax rates, it is the dirtiest thing they can do, what happens is that there are people in the world who are from countries where corruption has not yet come to the fore, such as in South America or in any country where things are more evident, there are people here in the forum who still defend governments, it is Incredible, knowing that a government won't help them unless that person gives them something they want most.

So if the casino industry is privatized, for example, a worldwide organization where it gives them the power to be legal and governments don't poke their noses in, it seems to me that it is the most correct thing to do, so many frauds and deceptions would be avoided.

In fact, this is such a sensitive issue that KYC defenders are apprehensive on either side because they believe that governments will protect it, then privacy lovers appear who know what this system is like but don't say it, there are also people who don't care. it does not matter if they give their data or not, because perhaps they see it as something normal due to the system under which they have shown us things, where a cgovernment will always have control, but personally, I am a person who does not kneel in front of to any government, because it would be the end for me, there comes a time when the government puts its hands in its pocket and has to accept it , and no, that's not the way it is.

KYC protocols in digital casinos present a double-sided issue. There are players cherishing privacy, and then regulatory authorities insist on KYC to curb fraud. Balancing privacy with regulation is tricky. Yet, some online casinos, like freebitco.in, navigate this tightrope, offering services sans KYC. But they're rare in a landscape favoring security over secrecy.

Ideally, tech could provide a win-win solution, ensuring both anonymity and safety. Blockchain could be a way to verify identity without personal data exposure. But achieving this requires the gaming sector and regulators to innovate and collaborate effectively.

Normally, casinos will always take people's opinions into consideration, but it is obvious that for a player to get a centralized, reliable casino without KYC, I think it is not possible, because the hard mechanism of KYC will always be present in them, Only here the platform that I know is very good without KYC is freebitco.in, otherwise I think that all casinos have the KYC requirement, sometimes the KYC requirement for a casino is mandatory, because governments force that if there is not KYC there are no licenses and there are no permits and they are closed, and lose a business model, because I think that the casino prefers to lose some clients than its business.

I don't know if in the future things regarding KYC and the casino will change, but they should, anonymity and privacy for some players is everything.

Before any casino will set for launch and go into operations, they would have looked into many aspects to where gamblers are having challenges with using online casinos and try to fix as many as possible, yet the gamblers on their own way will always try to make use of the casinos to their own take and finds it more attractive but some few will still make it an attempt to go against their wishes thinking the casinos will recognize them and pave way, while everything had been stated already in their policy and terms which the casinos will never shift ground except the gambler comply to theirs.

You may be right on Coinbase and Binance but I feel a little differently since they were sued by the United States. My feeling is that the US doesn't dictate anything in CR or Curacao. People may be sued when they enter the US but that doesn't change anything in CR or Curacao. There are a couple of books in Costa Rica, Nitrobetting and Betcrypto. They are pretty easy going with KYC unless you use multiple accounts or bet from the country of CR.

I think that a lot is changing in the casino policy in terms of establishing requirements for passing KYC identity verification.  This policy, in particular due to recent events with lawsuits against Binance and Coinbase, will certainly tighten.  And while the anonymity of a player in a casino where payments are made in cryptocurrencies is the main advantage of such casinos and a much needed feature for millions of players who require anonymity, KYC requirements are increasingly being used in a real game.  Including in the casino, where the administration of the casino did not set this requirement before.  Almost all casinos have become afraid of violating the requirements of local regulators, who only do what they see what else American regulators come up with.  Alas, for objectivity, you need to periodically review the TOS of the casino in the part of the introduction of KYC and OP will be very good if you follow the changes and mark it in your table. 
To keep the data in the table up to date. 
And the table is generally excellent and useful to many.

Hi Mahdirakib - thanks for the post in my thread. I also said that your licenses were correct and that your thread is a great resource. In fact, I was going to ask if you minded if I linked your thread to my other resource section.

As far as the KYC details being somewhat off, I'll mention the top two books I have rated Betcoin and Nitrobetting since they are heavily vetted because of their ratings. Also, you mentioned Betcoin in my thread. In your thread here Nitrobetting is omitted. The only real concern of your thread here is that books such as Betcoin are in the same category as the others "if needed" although their KYC is different. They only KYC if you use multiple accounts. They don't punish people based on guessed jurisdiction unless they use multiple accounts to abuse bonuses or circumvent limits. In fact, Betcoin agrees to third party arbitration and has never lost a case. I would put Nitrobetting in that same category. Other casinos seem to target winners and then punish using jurisdiction. They confiscate winnings or both deposit and winnings. Losers are left alone. It's crooked in my book and I'm not going to put any book using those tactics in the "A" category.

Your thread is excellent. The best here as far as licenses and I'd like to link it if fine with you. I'll link under other resources https://bitcointalksearch.org/topic/1-ratings-of-bitcoin-sportsbooks-since-2014-kyc-rankings-bonuses-scam-accus-717790

@Peeps Place, I was following the discussion between you and 'Darker45' about my KYC related topic. You have said this in your last post


I haven't updated the 'KYC details' column for a long time, but those were the requirements when I added the casinos in the list. Now the casinos are asking for different kind of documents to verify the source of funds of the users, and I'm aware of it. Even some casinos are requesting the user to complete the identity verification by making a video call if they suspect that the user has submitted fake or edited documents. I will try to adjust those informations on my next update. Apart from these, is there more incorrect details in the 'KYC details' column?

Yes, the truth is that the ability of a player or players to succeed when they accuse a casino are very low, unless the casino has many gfailures not only with that player but with others, it is the only way that can be given to know the details and have a chance of being successful,but when they are casinos with a high reputation and trust, it is illegal to do so, you will not be successful because these casinos have already established their processes in a very transparent way,and also a casino with a high reputation and trust does not It will be clouded by a case where the majority are mistakes by a player.

Most of the casino doesn't clarify that how long the KYC process will take. Generally it depends on the requested documents. The verification process doesn't take a long time if a gambler submits real documents.

Removing Playbetr from the table was already in my to-do list. But I wasn't aware of the 777Coin.com downtime. I haven't visited 777Coin for a long time. I visit Bitvest occasionally, and I thought 777coin is also operating as both casinos are owned by the same team. Anyway, thanks for the info. I have removed Playbetr and 777Coin from the list.

@tusandii, I will be happy if you guys stop the discussion about the government and tax.

But what is surprising is that even though there are state governments that prohibit casinos there are still some casinos operating simply because they can afford to pay a larger amount of taxes.
Maybe the existence of an online casino can make it easier for business people because they can operate without having to pay more taxes and deal with the local legal government, but this only works clandestinely.
There are some countries that prohibit real casinos but they allow online casinos to operate and this is a confusing thing whereas in some countries out there they ban online casinos and give freedom to real casinos.
What you say is true that the casino law must be revised again.

Time to update the list I guess, as far as I can see there are at least 2 casinos that can be removed/deleted from the list.
Playbetr due to they are now no longer running as they are redirecting to the new betcoin.ag site, and the 2nd site is 777coin since the casino is down/offline since August last year.
For 777coin, I dont think they will come back in the near future due to the fact that the owner is also no longer active in this forum.
I havent checked all your other gambling related topic, but if 777coin is still listed in your other topic, it is the time to remove them IMO.

There are other casinos here that do not immediately ask for kyc from the gambler even after winning more than 200$, because Livecasino is one of them, I have experienced winning here on this casino platform but I was not taken by the kyc in the arond I won more than 200$ and I didn't have any problems. Maybe I haven't reached the maximum withdrawal limit yet so I was able to withdraw and once I reach my limits I might be asked for kyc.

Placing claims against casino sites is a complete waste of time, given that you cannot sue a whole firm for a simple KYC issue; you must have sufficient grounds to prosecute them, and your chances of success are only 20%. They are built in such a way that only the gamblers are expected to be incorrect. Casino is well-known around the world, and it's even more astonishing to watch the judges playing casino games. KYC standards are required for the secure withdrawal of earnings accumulated from casino games played. It is the only proof that one is the owner of that participant account; failing to pass KYC indicates that gambling accounts have been hacked. 

In a relevant problem when casinos are suspicious or suspend accounts or block, it is very difficult for the player in question to have reasons to win those cases,they would have to open up a lot to be able to accept that the casino was wrong, but I start from a premise, if the casino Makes a Mistake, the casino quickly assumes and removes the player's balance, but if the player makes a mistake?I have not seen cases where the casino makes returns because there was an error and the Player asked for a lot of money and it was returned to him, I have not seen that, and I think that Something like that has not happened.

The problem with relationship between governments and casinos is, in fact, quite old law regulations. In most countries the casino industry has been banned or at least heavily restricted for decades. With the development of online gambling sites, casino laws need improvement: there are still many unidentified definitions and lack of understanding of the modern reality

honestly I can't understand this attitude of a casino withholding customer funds because they refused to do KYC, KYC's goal is to fight money laundering but if the casino says that people shouldn't deposit and withdraw without at least playing until they reach 50% or 70% of the amount they deposited then any possibility of someone stealing money and depositing it in that casino to do money laundering is impossible, so why would the casino retain people's money because it didn't pass KCY? my conclusion is that many casinos are using KYC and TOS to retain and steal customers' money.

I think the OP should get in touch with the support of each casino and ask how long it will take for the KYC to be approved, with that we would have an idea of how long each casino takes to approve KYC and in case we hear that someone complained that it was too long more time waiting for KYC while here in the OP it is that the casino does KYC quickly so people would already be cautious when they use this casino, for me having this data is something very relevant, because many casinos lie a lot especially in this KYC issue