Topic: No KYC vs KYC enabled casinos (Facts you need to know) - page 5. (Read 647 times)

They coudl really vanished in thin air and wont really be able to trace up just because they are just fully or simply anonymous and thats really the big cons of it.You are right that even those platforms are long time running and reputable but in speaking about risks then it is really that high and something that you shouldn't really be confident with because once these platforms do suffer from that bankruptcy then they would really be just
simply ran away without leaving any trace and since its not regulation or licensed  then there's no way that we could really be able to talk about recovery and this is the biggest problem of it. This is why some gamblers would really be just simply accepting on having that dealing with those centralized platforms even they do call themselves crypto casinos but since they are regulated then it is really still that abiding with governments
laws and regulations which would really be passed up into its users or gamblers on which it isnt really that shocking anymore to have this kind of system. So as a gambler then it would really be a matter of choice
which one we would really be choosing but for me then i would be sticking with the current ones, regulated but arent imposing strict KYC compliance which i do prefer. I do only play for fun and not
really that heavily be that investing or putting or spend money much.

According to what I know, the beauty of no KYC in a casino is that when it comes to the anonymity of a gambler, it is encouraged because of the privacy issue. In addition to that, the casino also offers fast account creation and faster withdrawal. No KYC is attractive for online casino gamblers.

But of course, if you are the type that wants no KYC casinos, you should know the reputable casinos that have a good track record in the crypto gambling business that you will also enter. Don't just deposit a large amount; just make sure that the casino is legitimate. casino, you will gamble, and some of the casinos that I think are okay are the following:


Source: https://insidebitcoins.com/bitcoin-casinos/best-no-kyc-casinos

well yeah , KYC asking casino are the top in the rank now, maybe because gamblers in crypto already understand the advantage and safeties.
because as we remember in the past years, we are keep asking for privacy but nowadays? we learn its favor to every legitimate players.
yes, though there are some respected casino that had been running for many years that still does not ask for KYC but they are fewer than centralized  casinos.

In the future, every casino will ask its customers to do KYC, even though the casinos said they didn't ask for it at the beginning. But with pressure from regulators, it makes it difficult for them to ignore it so they will implement KYC, either at the start or when the customer wants to withdraw their money.

Crypto casinos must adjust to the existing situation and conditions if they still want to continue their business. Even if the casino uses a method of connecting a personal wallet to the casino, later users may be asked to do KYC. We, as users, can only be prepared when the time comes.

We will miss the days we registered at crypto casinos using just an email and a password. There is no request to do KYC when we want to withdraw the money. But those times are over, and we must be prepared for what will happen next.

That's how you manage the risk. When a casino isn't regulated, there's a higher chance of losing money, and it becomes virtually impossible to recover your funds if they go dark. That's why, even though there are many casinos with good reputations that lack a license, I still consider them high-risk casinos.

More users will believe no KYC casinos are better which they would prefer using than the ones asking no KYC.  KYC casinos are still the top casinos though.

Somebodys gotta list the disadvantages for both classification to see how much users dislikes which. In reality, KYC casinos are still the ones we go to because decentralized casinos are no way guaranteeing security.

These are just the basic things that I guess a lot of people would have known by now. Currently, there's not much appeal to no KYC platforms as the reports on users trying casinos out that promotes their platforms using this 'feature' yet still require KYC at some point is increasing by the day. Also, people have realized that most of the time, no KYC casinos are those trying to fish out desperate users for their money, and are not delivering as promised or sometimes end up being a scam. Even though they know of the comparisons, most people would surely just go towards KYC platforms.

I believe every license casino have to ask for KYC no matter how they hide it as a strategy to get gamblers that is avoiding KYC verification process.  No casino can be exempted from the regulatory board. 

I also don't want to play in a casino that has no license because there is a huge possibility that they can exit scam anytime since these casino is not bound to any rulings.  So I prefer a casino that is under regulation than a casino that is operating illegally (without license).

They are just going after those players doesn't like to submit their KYC but the question their are they reputable enough to run a transparent casino? or do they have big funds to support their gamblers win. We can't be so sure if gamblers won some huge amount of cash on their casino will not required to submit this requirements since the common scenario happen is they ask us this so that we can possibly withdraw our earned money. That's why its better to be ready and choose those reputable casino since they are proven by years and KYC is not the big problem there reputation and their capacity to pay their players is important factor which can gamblers should needed to see.

nowadays many of these new casinos and when I talk about new casinos I am referring to casinos that have been in this market for only 3 years, have used the TOS as a weapon, especially in the kyc part, even when a person does level 2 kyc, if If this person deposits little money but is lucky enough to hit a game with a large multiplier, then the casino will ask for level 3 KYC, which generally ask for proof of where the funds came from, see how ridiculous this is because they let the person deposit little money. , they let the person play and when that person wins a lot of money in the casino itself, then the casino wants to know how that person has a lot of money in the casino account

This type of behavior from certain casinos is simply unbelievable, and when the person hands over the document, which is most of the time a photo containing the crypto account address he used to send the money and a photo of the exchange account or crypto wallet , the casino refuses. the casino completely forgets that we are in the cryptocurrency market where people buy cryptocurrencies to hodl and do day trade with cryptocurrencies, the casino purposely keeps asking for things from the bank but at the casino the person did not deposit money using the bank's debit card, so One thing is ridiculous about the casino's attitude

and it's not because the casino really doesn't realize that their attitude is ridiculous, they know that, but as they want to retain the customers' money so they keep using all kinds of meaningless things until they tire the customer so that the customer gives up his money that is in casino, by this I mean that having or not having kyc declared in the casino's TOS, as long as the casino behaves bad and uses its TOS as a weapon to steal people's money, then there will be no point in talking about the advantage and disadvantage of kyc and not kyc. Most casinos have already realized that putting in their TOS that they will ask for kyc and lying to people that they didn't ask for kyc has become a good strategy for them, although I can't understand how people believe these lies

y'all just be blabbing incorrectly on a sited post like this just to improve post count.... How sensible is this statement of yours?? Do you take time to revise whatever thoughts you've got to share with the public at all??? Or you just go about saying anything that comes in your head?...haaaa!!

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Well, I'll have to say that the choice is left for anyone that feels more comfortable, either with pseudonymity or not... I feel everything we do online here should basically be about our safety first so, I'd personally go for the KYCs...yeahh?

Sandra 🧑‍🦰

Trusting gambling platforms with your personal details is vague, it's risky as we can't explain how they store the data. The increase of leaked or sold documents of people, is a disadvatage of KYC. Many players do not give their real information, they buy it. I'll always prefer the non kyc casino due to its fast registration process. But, casinos accept KYC to provide atleast an information of a player, indulging in money laundering. If not, the Government can hold the casino responsible for supporting such action. Yet the disadvantages goes back to other innocent players, who submit their real documents. Security conscious players, who understand this, don't go for KYC casino. Any reputable no KYC casino, though rare, will experience rapid growth in players. Meddling with our documents online, just for gambling isn't encouraged. It's better to play in physical casino.


I don't think casinos care about, if a gambler is responsible or not. The best available care they show on vulnerable individuals is to write the "play responsibly" advise on their TOS. On the other hand, they also use KYC to keep track of underage players, but, its already late if the casino asks this during withdrawal. The underage person gambled already, before asking or investigating to know if they're qualified to gamble. Even, teenager have means of tricking the casino, with the details of adults. Casinos are concerned about traffic and profits, they invest little effort in eliminating irresponsible gambling. Another good actions casinos take against addicted gamblers, is by finding out if a player has been banned by another casino for being addicted, and then terminate their account or ban them too.

Well, I agree with most of the points mentioned, however, I don't really think that the registration process is troublesome in a KYC compliant casino platform because they barely ask you for KYC verification during the registration process but they do it later. Some won't even ask you to complete your KYC when you are making a deposit unless it is too large, but they might ask you for KYC verification during the withdrawal process if the amount isn't too small.

That being said, I wouldn't recommend anyone using non-KYC platforms if they are willing to gamble with large amounts because security is the most important thing when it comes to finances. If your funds are lost or the casino closes down its services all of a sudden, there is no way for the customers to get their money back.

You know, for me, with or without KYC, it's fine, and there's no problem because it's not a big deal to me. For me, as long as I enjoy being entertained, that's a big thing. It seems that even if I win when I play gambling, it's like the casino rewards me because I was enjoyed or entertained.

So I hope for other gamblers that they don't make KYC an issue anymore. If you don't want KYC, don't play at a casino that requires KYC because no casino forces us to play on their gambling platform to gamble.

Also, I didn't see any problem at the casino even if I passed KYC because, until now, I still play from time to time.

KYC or no KYC what casinos are after is their profit. Have you ever wondered why some casinos would start as a KYC free casino and after a while when members have deposited their funds and have started playing games and winning and when it is due withdrawal they tell them to do KYC and if the gambler refuses, they block or ban them permanently from accessing their account. In some cases if the KYC details are suspected to be from nations that have restrictions on gambling, they take advantage of it to penalise the gambler by suspending their account while in some cases they take the assets of the gambler.

One of the major challenges of KYC I think is the issue of privacy. When ones privacy is compromised, their is every possibility that their details would be used against or possibly do some shady that they have no knowledge about. It is a personal choice to go for a KYC or KYC free casino.

@Jawhead999, $1000 or even $500 is a lot for many people, some can't afford this money, they don't have up to this amount in their bank accounts and when it comes to gambling, they will find $1000 to gamble, either through taking loan or other, only to end up losing everything.

It's not a responsible gambling if one isn't making enough money per month and using all they have to try out their luck on a casino, that's a very bad gambling strategy,  there are many things that comes first before gambling, like savings, emergency money, investment money, if all these are set then you have a responsible life going on, then you can start using some small part of money to gamble.

Losing $1000 to a casino is considered a great loss to someone like me, because I am not making up to $500 in a month, that's why I don't use more than $40 max for gambling and most times I even use less than $40.

There's no correlation between no KYC Casino and less customer support.

There's no great loss if you're playing in a reputable no KYC Casino that active in this forum, moreover if you only gamble small amount of money e.g. less than $1,000, you will not suffer great loss.

1. Wrong, if someone already verify their account, it's mean the casino will not ask KYC again whenever he want to access his account.
2. What's the relation for a gambler? it just benefit for the country.
3. Wrong, the casino will not stop you to gamble because they're profit from it.
4. Same like number 2.
5. Wrong, they will give excuse if the KYC is different or blurred and they will keep demanding more KYC until you can't.

KYC casinos are regulated, while the others are not. When it comes to the possibility of recovering your funds, KYC casinos offer a better chance because they operate under government regulations. If you encounter issues with a regulated site, you can file a case against them, and they will be obligated to pay you if you win. In contrast, non-KYC casinos typically have anonymous owners, making it difficult to pursue legal action if they mistreat you.

I already suspected that this article had elements of AI but I didn't really think about it, let's discuss what's interesting in terms of KYC and non-KYC, in fact, as we can see today, non-KYC is not very popular with users, it's not even surprising if There are very few users compared to casinos that ask for KYC because non-KYC casinos are much more prone to cheating than casinos that ask for KYC.

Playing on sites that ask for KYC is sometimes not completely complicated and asks for KYC, as long as you don't cheat and act honestly, let alone try to launder money, maybe you will be asked to complete KYC, so far I have been gambling on sites that ask for KYC, they don't fully ask for it. my identity, because I play honestly and even though I'm only a small gambler, there are big casino sites that don't ask their users to complete KYC and can even withdraw hundreds or thousands of dollars. In today's internet world, if you want to gamble anonymously, you should not gamble online anymore. it's good to gamble in offline casinos. 

KYC casinos have easier account recovery? Are you kidding me? I have heard hundreds horror stories of gamblers being blocked from KYC casinos and with funds in their accounts. There wasn't any account recovery afterwards.
I don't believe that KYC casinos are more secure than the non-KYC casinos. KYC gives a false sense of security, but the possibility of getting scammed by the casino remains. I agree that KYC reduces the amount of fraudsters and helps against money laundering, but the overall experience for all gamblers is worse. There can't be 100% safety, security and privacy in the online gambling industry.