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Topic: Reasons Crypto Players Skip Casinos with KYC - page 4. (Read 3426 times)

hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 24, 2019, 06:43:19 AM
I am sure that is the reason for the most gambler who doesn't play gambling too often. They will prefer to choose the gambling website, which doesn't require KYC because they don't think that it will be safe for them to give the personal document. I don't like to verify myself just to playing gambling, and I don't see any reason for me to do that thing because I only want to get fun in the gambling games.

That's it, and gambling sites do understands that, even exchange like Binance which is one of the most popular exchange in the space is not so strict with KYC.

They allow traders to use their platform without KYC up to a certain limit or condition, because they see the possibility that they would loss clients if they will be very strict, same with gambling site of course, less complicated will give more comfort to gamblers and they will choose a gambling sites that gives them that comfort, people does not care much about the license of the gambling operators, they cares more on the reputation.

So actually, we as a trader and gamblers should not be worry if we don't want to do KYC because we can found easily the gambling website which does not require their members to do KYC. I guess that will help the gamblers to join in their site because the gamblers only want to play gambling without the want to fills the KYC. I think if the gambling site needs their member to fills KYC, they should get licenses from the gambling authority, and then they can apply the KYC to their members too. Besides that, the gambling website needs to fill KYC too like their members.
sr. member
Activity: 1078
Merit: 256
September 24, 2019, 05:46:33 AM
my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.
There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.



I usually try to avoid KYC casinos, but there are sometimes require to have a process like this one.
There are a lot of people who abuse faucets and rewards which is a loss for the casino, so there should be some measurement that can eliminate those abuses.
The casino house needs to implement that requirement to counter those abusers and in order to protect their business, a lots of people loves to enjoy playing anonymously  and if they can continue doing that they will not process and provide any important information about their personal identity. It's about privacy and there's still lots of people who wanted to keep it.
hero member
Activity: 2842
Merit: 772
September 24, 2019, 03:46:42 AM
my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.
There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.



I usually try to avoid KYC casinos, but there are sometimes require to have a process like this one.
There are a lot of people who abuse faucets and rewards which is a loss for the casino, so there should be some measurement that can eliminate those abuses.
And what's make it frustrating for a player? Is that there are casinos who would allow you to deposit first and then when it's time to withdraw, specially if you have big winnings, suddenly casinos will require you to send first KYC before you can withdraw evening.

And that's what disappoint most old school crypto gamblers. Because crypto casino's now tend to replicate a fiat online based casino. You have to undergo KYC and worst they will tell you that some suspicious activities can be flag in your account and unless you do full KYC you can't get anything, even the money that you have deposited on them.
member
Activity: 980
Merit: 62
September 23, 2019, 12:25:47 PM
my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.
There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.



I usually try to avoid KYC casinos, but there are sometimes require to have a process like this one.
There are a lot of people who abuse faucets and rewards which is a loss for the casino, so there should be some measurement that can eliminate those abuses.
hero member
Activity: 2940
Merit: 613
Winding down.
September 23, 2019, 12:10:40 AM
I am sure that is the reason for the most gambler who doesn't play gambling too often. They will prefer to choose the gambling website, which doesn't require KYC because they don't think that it will be safe for them to give the personal document. I don't like to verify myself just to playing gambling, and I don't see any reason for me to do that thing because I only want to get fun in the gambling games.

That's it, and gambling sites do understands that, even exchange like Binance which is one of the most popular exchange in the space is not so strict with KYC.

They allow traders to use their platform without KYC up to a certain limit or condition, because they see the possibility that they would loss clients if they will be very strict, same with gambling site of course, less complicated will give more comfort to gamblers and they will choose a gambling sites that gives them that comfort, people does not care much about the license of the gambling operators, they cares more on the reputation.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 22, 2019, 11:48:35 PM
snip~
my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

I am sure that is the reason for the most gambler who doesn't play gambling too often. They will prefer to choose the gambling website, which doesn't require KYC because they don't think that it will be safe for them to give the personal document. I don't like to verify myself just to playing gambling, and I don't see any reason for me to do that thing because I only want to get fun in the gambling games.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 22, 2019, 05:34:32 PM
my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.
There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

sr. member
Activity: 1190
Merit: 306
September 22, 2019, 03:39:00 PM
We are slowly moving away from the wild west days of cryptocurrency and I, for one, mourn its passing.  It isn't only casinos that are requiring KYC procedures.  Nearly every bitcoin based business is now starting to do it with the exception of some merchants selling gray market goods.  Most of the exchanges you used to be able to trade anonymously on are now asking for your docs.  I find it sad, actually.

I can see why online casinos are doing this, because if they're legitimate ones they have to be regulated by some government agency.  Of course I'm not familiar with foreign laws regarding online gambling, I would imagine that the casinos are not doing this by choice.  They would likely love to not have to bother keeping those sorts of records.

If they can have a license, then I think that will give a good reputation to them as it will make them legit among the other especially if they can give more to their members.
Sure, and if there's a licensing agency involved then no doubt that agency is who's requiring the KYC docs.  It's within the realm of possibility that unscrupulous casinos might want your data to sell to marketers or even worse, dark web operators, but I don't think the majority of them do.
sr. member
Activity: 2338
Merit: 365
September 22, 2019, 12:42:08 PM
snip~
my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
September 22, 2019, 11:24:40 AM
It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.

Most of the gamblers are playing gambling illegal as it is either not considered good in their family/friends or it is prohibited in their country. But the online gambling has given easy way to bypass all these restrictions and play gambling anonymously.  But now few of the sites have made KYC compulsory, this has lead to uneasiness among those gamblers who do not want to disclose their identity and remain hidden.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 21, 2019, 05:52:14 PM
It is better to choose the gambling site, which doesn't have KYC because we don't have to worry about the wrong thing that can happen.
But I think the gambling website is licensed, but that depends on the site itself.
Known websites that don't apply KYC are licensed and you can verify it first by asking the community. Telling that a casino that doesn't apply KYC is not licensed is vague. Some maybe because they are new and it also affects the established ones that have been operating for a long time.

You are right, just choose the one properly, has a name, has a reputation and support you can ask for any help and verification of your questions.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
September 20, 2019, 01:06:51 AM
But those sites that don't require KYC are usually unlicensed, making them illegal business offering games of chance.

It's always been your choice, if you are a high roller and bet a huge amount of money you have to take the risk of going for a gambling site which asks you to undergo KYC because they are licensed and compliant, if you only bet a small amount it's ok to go for unlicensed gambling sites without the need to do KYC.
It is better to choose the gambling site, which doesn't have KYC because we don't have to worry about the wrong thing that can happen.
But I think the gambling website is licensed, but that depends on the site itself.
If they can have a license, then I think that will give a good reputation to them as it will make them legit among the other especially if they can give more to their members.
It is better to bet a small amount, and that can prevent us from losing much money because we don't want to see more losses in a day.
We need to decide to choose what gambling website which is suit to us.
And if we are fine with the KYC, then we don't have to worry about sending the document to the website.
The only matter we are skipping the KYC process on any website is about we heard the news that the personal information had been sold in the dark market.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 20, 2019, 12:56:16 AM
But those sites that don't require KYC are usually unlicensed, making them illegal business offering games of chance.
You are wrong on that bud.

There are casinos that don't really require KYC but are licensed.
full member
Activity: 2324
Merit: 175
September 19, 2019, 12:27:11 PM
But those sites that don't require KYC are usually unlicensed, making them illegal business offering games of chance.

It's always been your choice, if you are a high roller and bet a huge amount of money you have to take the risk of going for a gambling site which asks you to undergo KYC because they are licensed and compliant, if you only bet a small amount it's ok to go for unlicensed gambling sites without the need to do KYC.
jr. member
Activity: 105
Merit: 4
September 18, 2019, 08:43:58 PM
But those sites that don't require KYC are usually unlicensed, making them illegal business offering games of chance.
full member
Activity: 1008
Merit: 101
September 10, 2019, 03:29:38 PM
Yes they can harm your personal data id you will share your KYC with them that why most of gamblers don't share their KYC. But I think there is no issue to share your KYC I don't think that any web site would do this illegal act. When I saw any good casino that give me good offers so I never reject
It seems that you are responding to me, but I did not claim that the owners of a gambling site can harm customers in this way. I did not understand your point of view at all, what I see is a contradiction to your own judgment. Interesting offers from casino owners help to increase your interest in the game so that you continue to gamble. This has nothing to do with the sale / purchase of your personal data, the income from "legal actions" will be much higher in any case.
Well before this I have never seen any gambling website reviling the information of the users i think all websites are safe but if a gamblers don’t wants to share there information then the website should not ask them to share, there are allot of sites who don’t ask for KYC so these people can use them.
legendary
Activity: 2450
Merit: 4415
🔐BitcoinMessage.Tools🔑
September 10, 2019, 05:28:57 AM
Yes they can harm your personal data id you will share your KYC with them that why most of gamblers don't share their KYC. But I think there is no issue to share your KYC I don't think that any web site would do this illegal act. When I saw any good casino that give me good offers so I never reject
It seems that you are responding to me, but I did not claim that the owners of a gambling site can harm customers in this way. I did not understand your point of view at all, what I see is a contradiction to your own judgment. Interesting offers from casino owners help to increase your interest in the game so that you continue to gamble. This has nothing to do with the sale / purchase of your personal data, the income from "legal actions" will be much higher in any case.
hero member
Activity: 2856
Merit: 667
September 09, 2019, 06:33:35 PM
It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.
There's an easy way for the sites to block people who like to gamble using the IP block.

In fiat sportsbook, my IP is block when I tried to access the site, but with crypto sportsbook, I am very much welcome and I have played in more than 5 sportsbook in the space without facing any problem, and they don't have KYC also that's why I like it. So when a site requires KYC, they look like a fiat gambling site which for me won't attract gamblers in the space.
full member
Activity: 966
Merit: 111
September 09, 2019, 12:24:20 PM
I'm ok doing KYC to a legit gambling site because they are more compliant, there are gambling sites that do not implement KYC, but if you've won a big amount, they will likely ask you for KYC because of the AMC thing and they do not want to violate the rules of the country where they operate.

Some people do not mind doing KYC on gambling sites. And there are those who really don't want to do it. As long as you only play a small amount of games, I think it's legitimate and if it is required, then do it if you feel it's necessary.
copper member
Activity: 425
Merit: 58
September 09, 2019, 05:13:36 AM
I'm ok doing KYC to a legit gambling site because they are more compliant, there are gambling sites that do not implement KYC, but if you've won a big amount, they will likely ask you for KYC because of the AMC thing and they do not want to violate the rules of the country where they operate.

Yeh, operators really *need* to do AML and that should be welcomed.
Then you can have a conversation about how the process is defined in detail (e.g. at what amounts should it kick in, what counts as "suspicious"). But obviously not having AML processes, and thereby violating the regulations of a jurisdiction, is not a legit move.
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