Topic: NO KYC Sportbooks? - page 7. (Read 1059 times)

There are numerous websites that don't ask for KYC but make sure to check out their background first before deciding to bet. Some of the online betting sites that I know that doesn't require any verification are Rolleto and Sportsbetting sportsbook. You can check on the Internet about the additional information to the aforementioned sportsbook to see it for yourself if you can trust them.

I suggest, aside from finding a "No KYC" website, you should also look for a reputable and trusted sportsbook that could guarantee you assurance of your money. Most especially when you are going to withdraw your prizes, it's much better to be in a site that has been known to take good care of their players and not just only after the profits. You see, betting sites are requiring KYC for a reason and one of the reasons would be to protect both parties and to make sure that there is no law that is being violated, since some uses the platform to do illegal activities. However, if you are uncomfortable with that, you can always opt to find another one that don't require such. Just thoroughly do a history check and gather all the reviews about them.

Be wary and updated also about their terms and conditions because mostly it changes without prior notice. So check it from time to time because it is possible that they won't ask for verification for now, but soon after they will.

Betting sites are not afraid that bettors will cheat, they are confident to operate which means they have a strong internal control to prevent or detect gamblers who are cheating. I think most of the concerns I read in the gambling community are the gambling sites cheating the gamblers, not the other way around, so that's not the reason why KYC is required, it's only required due to regulatory compulsory requirements to the operators.

Well, the problem appears when people try to cheat! As I wrote in some of my previous posts, currently I am betting on Stake and Betfury, only email address and password, of course, with authenticator for safety... without KYC! I don't have problems with deposits and withdrawals! I never had any serious problems with crypto casinos, but I never tried to cheat them! I am not a whale, so everything up to $1k is working smoothly... I am saying that because we all know for complaints of some whales about crypto sports books!

This must be a valid reasoning, never got chances to think this way. I am also always looking for no KYC casinos but not because of afraid about the reason you have mentioned here but to ensure without having any problem in my gambling activities. I am not sure about enforcing KYC is how much helpful for gambling houses but from a gamblers' perspective it is really frustrating.

To ensure no KYC always then you need to check for the registration details of a casino as only where a casino got registered must influence their stand on KYC requirements. If their government never bother on collecting details then I guess a casino may remain no KYC until government change their stand.

The important thing is you do not have to break their minimum withdrawal amount so you do not have to do KYC. I think some Sportbook allows you to play without doing KYC, which is okay for you. So we take our responsibility and do not try to break their rules. Otherwise, we will have to do KYC that you do not want to fill. If the KYC is only for sending your name, telephone, or address, that is no problem, but if they need more than that, I think we have to choose to use them still to gamble or search for the other Sportbook.

It's really impossible to trust that any site will abide by this in future. I've seen many smaller sites make this claim in the past and eventually they have all switched over to KYC. The simple fact of the matter is they must do it if they want to survive in the long run. They are going to have fiat currency costs (staff, property, software licensing) involved and the servers that they run on will most likely be located in a country like the US or Europe for stability. That means they will be vulnerable to pressure from the authorities there. If they don't use certain services like DDOS protection (exposing the owners) then they will become vulnerable to perpetual attacks. They will most likely need third party merchant banking services to validate any profits extracted from the business, who would expect to know the source of all funds. All of these things combine to make collecting documentation almost essential once you start making any sort of profit or reach certain scales.

You are right but as long as the funds are clean and you are not involved in any illegal means then you should never have any problems with them. I am betting at stake and sportsbet for a long time now and never had any problems apart from some wrong settlements and minor issues which are then looked after by the support teams.

1xbet (scam) has been known to cheat players and that is where you need to be careful. If you are gambling at a fair site you should be good.

The problem with sportsbook is that there are multiple ways players can cheat them and hence at times almost every sportsbook will enforce one of the two:

1- Limitation on account, which means you cannot bet significant amounts. It can happen for many reasons and they can limit you if you are simply winning too much consistently.

2- KYC is another way of restricting you and making sure you are afraid of cheating the sportsbook knowing they can report you to the local authorities.

If Sportsbook is under the jurisdiction of a country that has anti-money laundering, anti-terrorist financing and tax evasion practices, then the platform can require all of its users to pass a KYC regardless of the factors you listed!!!

There are things that Sportsbook would consider before asking you for KYC. One factor is your location, your activities, and your withdrawal amount. They wouldn't ask you to submit KYC for any further reason. They're actually doing it for security purposes and not to restrict things for their own benefit.

But, that worthiness is subjective per individuals. Most bitcoiners here value their privacy more than anything else hence I am not surprised on seeing what OP is looking for. I believe there would be some gambling house will available for us without the need of KYC so we need to make use of them until they ask for documents and need to switch over to another highly reviewed place to enjoy betting.

I mean we cannot expect any house to remain not seeking KYC forever but stop using at some point and getting into new place must be the only solution I could suggest to OP rather trying to convince them to go for submitting their documents.

People mentioned already a couple of places that you can look out for but I do think that you realize the importance of KYC in sports books, there are some countries which would not let them function properly if they did not do that. Plus they are taking bets from people they do not know about it would not only be safer but it would also be more legit to go for the one which uses KYC. Which country are you talking about?

Sports books are different from gambling sites, plus rules and regulations are different as well. Try some gambling sites then, but do read their reviews first don't just jump in a scam.

If you do not want to do KYC in gambling, then do not gamble because someday, crypto gamblers can have KYC on most websites because the government wants to watch people who are often playing gambling. Maybe to prevent KYC, you can deposit and withdraw not too big money as some gambling sites will not ask for KYC if their members do not break their minimum withdrawal amount. But I guess that will not be easy as when we are playing gambling and winning for some money, we will still play more games to earn more money.

You simply can't find one.

You can try use Stake and Nitrogenbet who have traditionally never asked for KYC, but that is definitely not a guarantee that they won't in the future as it is embedding in their T&Cs that they will be able to ask for KYC as they wish.

At the end of the day there is going to be a degree of trust necessary when you play on these sites.

And it better be worth the KYC that you will provide.
Look for the most trusted sports gambling with cryptocurrencies as an option to bet. Less risk for the information to be leaked in other platforms that may be copied by scammers and hackers. If it's too fragile then better ask the support first on where they will be keeping all those details that you provided.

I agree. There's no guarantee that gambling sites that don't ask for KYC today will be the same later on.

Regulations on crypto are now being watched by the government. Even money laundering is being used more in fiat transactions, crypto is one of the best and effective for those people to do such acts. License provider under a certain country's jurisdiction will be forced to ask crypto gambling sites under them to make KYC a necessary requirements.

I think sooner or later all licensed casinos and bookmakers will have to do the mandatory KYC verification. This is what governments in all countries are going for. After all, everyone knows how much money is in the gambling industry, so everyone wants a piece of that cake for themselves.
1xbit claims that their guiding principle is anonymity, so it looks like they will want it to stay that way as long as possible.
Anyway, probably soon without verification we will be able to play only in casinos and bookmakers that operate without a license.

You are correct that crypto gambling sites don't offer the same service as exchange then why are other gambling sites now asking KYC for some exceptional reason like big winnings? There are lots of issues before that someone got to win big but gambling sites hold that withdrawal and ask for KYC. Why KYC should have been a part before that withdrawals be allowed. Gambling sites can easily verify if the winnings got in a legit way. No need for KYC.

It now came to a conclusion that soon we will now see gambling sites asking for KYC. I hope it won't happen.

I disagree with that because most of casinos and sportsbooks don't offer crypto exchange services, officially at least. Then they are not subject to the same laws. Buying goods and services with cryptos without doing KYC is legal in most of countries then we shouldn't need to do KYC to use casinos. In addition casinos/sportsbooks are mostly established offshore unlike big exchanges.

For now, yes. But as a licensed site (not sure if they are licensed), they are not prone to what the government will ask them to for their users in the future. There are several gambling sites that still don't ask for KYC up to now but we can't guarantee the same terms in the future.

It's been a discussion before that what if KYC will now be asked on our favorite gambling site. Most users choose not to use the site anymore and those loyal ones will comply with KYC procedure.