Many crypto casinos don't require KYC, but they aren't among the most popular sites, consequently I can't say with assurance how safe and legit it is to play on them, except freebitco.in that is constantly active on this forum, runs a signature campaign, is working since 2013 without issues and has millions of users on the website.
It makes me believe it might be a good option for you, although there isn't variety of games and the house edge is superior to another gambling sites. You may take advantage of the promotions that are launched every few days, though. Check their twitter for recent updates.
Topic: risk of kyc on crypto casinos ? - page 10. (Read 5048 times)
Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?
ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
There are tons of gambling websites that do not require any KYC in their system.
Generally, gambling websites do not request for KYC documents as this would somehow ruin and damage the number of potential gamblers registering under their website. Though this may be the case, these casinos that require KYC are mandated by their respective laws to provide such for their protection and regulation. But generally, these websites that require are far more secure and relatively safer compared to other gambling websites that do not request for such.
Check the gambling boards and ask around their respective boards if they require KYC on their website.
I believe that the reasons for KYC is not only to determine the country one is playing from. Whether it is restricted or not. Some people access these casinos through vpn or Tor browser. But if you use this method and win big, and by mistake some of these casinos understand that your country is restricted, they will capitalization there and deny you payment.
Another reason for KYC might be to regulate multiple account opening as opposed to the rule of casino . So any company that doesn't apply kyc may find it difficult to regulate some certain conditions. Yet some say they use kyc to determine the age of the gamblers. All things together, yet there are companies that doesn't apply kyc.
These are very good points. Don't use a VPN and make withdrawals from the same IP that you use to deposit and make most of your wagers. Some casinos will never bother you if done this way. Others will hit you with KYC sooner or later no matter what you do. Another reason for KYC might be to regulate multiple account opening as opposed to the rule of casino . So any company that doesn't apply kyc may find it difficult to regulate some certain conditions. Yet some say they use kyc to determine the age of the gamblers. All things together, yet there are companies that doesn't apply kyc.
If I'm not mistaken, freebitco.in does not implement KYC. It's just one among very few casinos that are said to implement absolutely no KYC. Although I don't guarantee that they don't really implement KYC whatever happens. After all, they are still legally operating business entities.
The rest of the casinos don't really demand KYC as a matter of basic requirement. It is just that they all have KYC triggers. These triggers vary from one casino to another and they also ask different information.
The rest of the casinos don't really demand KYC as a matter of basic requirement. It is just that they all have KYC triggers. These triggers vary from one casino to another and they also ask different information.
Yes, and those are one of the reasons why freebitcoin has so much traffic, but if they can, why don't others try to go that way, maybe right now it doesn't matter much for people to leave their data on these platforms, but I'm totally sure that in the future there will be a type of law that forces these sites to implement KYC, this is where the weight of every site will be seen to what extent it is capable of resisting any type of snatch that they want to do to it, maybe the site for being one of the oldest they allow that detail, but I see it difficult, depending on how everything is going, I think that anonymity and privacy are going to be extinguished, it is something dark, but everything goes in that way.
I believe that the reasons for KYC is not only to determine the country one is playing from. Whether it is restricted or not. Some people access these casinos through vpn or Tor browser. But if you use this method and win big, and by mistake some of these casinos understand that your country is restricted, they will capitalization there and deny you payment.
Another reason for KYC might be to regulate multiple account opening as opposed to the rule of casino . So any company that doesn't apply kyc may find it difficult to regulate some certain conditions. Yet some say they use kyc to determine the age of the gamblers. All things together, yet there are companies that doesn't apply kyc.
Another reason for KYC might be to regulate multiple account opening as opposed to the rule of casino . So any company that doesn't apply kyc may find it difficult to regulate some certain conditions. Yet some say they use kyc to determine the age of the gamblers. All things together, yet there are companies that doesn't apply kyc.
When casinos pay out jackpots or huge prizes, arent they obliged to give such information to tax authorities? Sure they need to point such winning in their own declaration, otherwise they would have to pay huge income tax. Without information about the winner, the chain of information wont be full. That is why, if you aim to get rich via gambling, get ready to lose anonymity. Or risk gambling in partly white, partly shady casinos.
I don't know what you mean by huge but I think there should be a limit for non-kyc accounts instead of asking for papers that you will submit and still reject it, so that you wouldn't be able to withdraw the winnings, using exchanges for example that doesn't require KYC usually limit withdrawal limit of 100 BTC within 24hours and after that, you have another reset time to redraw more continuously. If exchanges can do that, why wouldn't casinos do the same or is it because gambling is subjected to luck and excess winnings? exchanges have turned ordinary $100 to thousands and don't request for additional documents when customers feel to withdraw their money.
I am not 100% sure, but difference between gambling and exchanges lies in licenses. From bookkeeping position, any huge amount can not be put in "other short term liabilities" or into similar "other assets". Any auditor will ask for a detailed decoding of that, detailed info of creditors. They cant put just "user12345" or "Cookdata" there. I know that casinos use KYC to put on pause withdrawal or even to cheat a gambler. Passing KYC there is stupid. But passing KYC in a reputed casino is something that looks ok to me, but I will try to avoid doing that at any cost.
When you buy groceries at a grocery store, the store has to pay taxes. You don't have to give them your personal information although many want that information. Even if a book is reputable, if they have a lot of players, that player list will be sold because it's worth a lot of money.
When casinos pay out jackpots or huge prizes, arent they obliged to give such information to tax authorities? Sure they need to point such winning in their own declaration, otherwise they would have to pay huge income tax. Without information about the winner, the chain of information wont be full. That is why, if you aim to get rich via gambling, get ready to lose anonymity. Or risk gambling in partly white, partly shady casinos.
I don't know what you mean by huge but I think there should be a limit for non-kyc accounts instead of asking for papers that you will submit and still reject it, so that you wouldn't be able to withdraw the winnings, using exchanges for example that doesn't require KYC usually limit withdrawal limit of 100 BTC within 24hours and after that, you have another reset time to redraw more continuously. If exchanges can do that, why wouldn't casinos do the same or is it because gambling is subjected to luck and excess winnings? exchanges have turned ordinary $100 to thousands and don't request for additional documents when customers feel to withdraw their money.
I am not 100% sure, but difference between gambling and exchanges lies in licenses. From bookkeeping position, any huge amount can not be put in "other short term liabilities" or into similar "other assets". Any auditor will ask for a detailed decoding of that, detailed info of creditors. They cant put just "user12345" or "Cookdata" there. I know that casinos use KYC to put on pause withdrawal or even to cheat a gambler. Passing KYC there is stupid. But passing KYC in a reputed casino is something that looks ok to me, but I will try to avoid doing that at any cost.
When casinos pay out jackpots or huge prizes, arent they obliged to give such information to tax authorities? Sure they need to point such winning in their own declaration, otherwise they would have to pay huge income tax. Without information about the winner, the chain of information wont be full. That is why, if you aim to get rich via gambling, get ready to lose anonymity. Or risk gambling in partly white, partly shady casinos.
That's right because they need to have that to get proper documentation on the winners side so that they will not get penalized for not reporting a huge win happen to their casino that's why gamblers should prepared about this since we might encounter this to some casino since this is already becoming normal now on several trusted casino's. If we want to play gambling we should also include the KYC requirements because we cannot get away with it so pick the best casino to avoid any risk of identity theft issues.
the problem only here are those people tend not to understand the meaning of KYC instead they keep attacking the system or the casino that implement this but where in the world that there is a Legit Business that does not pay taxes?
people nowadays need to understand the points and not just looking for tricks from casino sites.
If I'm not mistaken, freebitco.in does not implement KYC. It's just one among very few casinos that are said to implement absolutely no KYC. Although I don't guarantee that they don't really implement KYC whatever happens. After all, they are still legally operating business entities.
The rest of the casinos don't really demand KYC as a matter of basic requirement. It is just that they all have KYC triggers. These triggers vary from one casino to another and they also ask different information.
The rest of the casinos don't really demand KYC as a matter of basic requirement. It is just that they all have KYC triggers. These triggers vary from one casino to another and they also ask different information.
Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?
ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
If you do deal with pure crypto casino then theres no asking about kyc or verification but you should mind that it is included into their terms about possiblity of been requiring whenever they do see some shady or irregularities of some player in terms of their gambling activity.We know that even gambling casinos we do have today are centralized and regulated which does simply means that they are really indeed abiding some certain rules plus they do have the full rights on doing something according or in line with their terms so don't getps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
Surprised.
Some of the gambling casino required a KYC verification for the users who deposits at the same time of current playing makes a gain a huge amount and then want to make an immediate withdrawal I suggest not to make it withdraw already because they think there's a suspicious activity with it. Also besides from stake, there is another platform here in the forum that does not require a KYC. In the same way here I don't like having a KYC because the identity and information are more valuable than a small number of funds.
Any online gambling casino which is dodging laws and regulations concerning how their gambling casino must be run can obviously only be considered dodgy. What if they run away with your money? What if the government takes them down and freezes your funds? There is too much risk involved in non kyc casinos. And even more so if the casino is new and has absolutely no reputation yet whatsoever.
Personally, I do not like KYC. But only because I have a very distrustful nature and do not want to show strangers my official documents.
That's some risk to consider. Apparently, you've got to pick a side where you walk and the strategy to which, you could be about and be safe while operating on certain platforms. I haven't considered most of what you stated on the negativity that could amount to non kyc enabled casinos. Although, this has very much not been an issue as, its often a requirement backed by the terms and conditions should matters to its necessity arise. Be that as it may, one is more frequent than the other and that is in terms of hack and abuse that eventually turns some platforms to scams. KYC doesn't go so well to me and I avoid having huge funds where it doesn't need be. Personally, I do not like KYC. But only because I have a very distrustful nature and do not want to show strangers my official documents.
Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?
You may find one that will not ask you KYC, but the reputation of that casino is questionable, reputable casinos that asked for KYC are compliant with their license, they asked this randomly for people who they think are cheating their system and they also ask this for huge winnings and questionable deposits to make sure that you comply to their terms
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ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
There are a lot of tips that you can use it's available on Youtube and articles online but it's never a guarantee that you can win, those huge winners still rely on luck to win you're just wasting your money on tips that will not work 100%.
Any online gambling casino which is dodging laws and regulations concerning how their gambling casino must be run can obviously only be considered dodgy. What if they run away with your money? What if the government takes them down and freezes your funds? There is too much risk involved in non kyc casinos. And even more so if the casino is new and has absolutely no reputation yet whatsoever.
Personally, I do not like KYC. But only because I have a very distrustful nature and do not want to show strangers my official documents.
Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?
You may find one that will not ask you KYC, but the reputation of that casino is questionable, reputable casinos that asked for KYC are compliant with their license, they asked this randomly for people who they think are cheating their system and they also ask this for huge winnings and questionable deposits to make sure that you comply to their terms
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ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
There are a lot of tips that you can use it's available on Youtube and articles online but it's never a guarantee that you can win, those huge winners still rely on luck to win you're just wasting your money on tips that will not work 100%.
When casinos pay out jackpots or huge prizes, arent they obliged to give such information to tax authorities? Sure they need to point such winning in their own declaration, otherwise they would have to pay huge income tax. Without information about the winner, the chain of information wont be full. That is why, if you aim to get rich via gambling, get ready to lose anonymity. Or risk gambling in partly white, partly shady casinos.
I don't know what you mean by huge but I think there should be a limit for non-kyc accounts instead of asking for papers that you will submit and still reject it, so that you wouldn't be able to withdraw the winnings, using exchanges for example that doesn't require KYC usually limit withdrawal limit of 100 BTC within 24hours and after that, you have another reset time to redraw more continuously. If exchanges can do that, why wouldn't casinos do the same or is it because gambling is subjected to luck and excess winnings? exchanges have turned ordinary $100 to thousands and don't request for additional documents when customers feel to withdraw their money.
I played on some casino that is advertised as decentralized and luckily till now I haven't got a KYC request from them. I've seen some "decentralized" casino that is asking for KYC after a player win a large amount of money from them, I think a casino who is advertise as decentralized only ask KYC when there's a system flagged a certain player.
It's hard to find a true decentralized casino with 0 chance of asking KYC but this list posted can help and also make sure to and follow their TOS you agreed before you play so you can dodge that KYC request.
It's hard to find a true decentralized casino with 0 chance of asking KYC but this list posted can help and also make sure to and follow their TOS you agreed before you play so you can dodge that KYC request.
One reason for Nitrobetting and Betcoin being ranked so high is that they don't do KYC unless you use a VPN.
KYC requirements comparatively
0 = never
5 = mandatory
"A" rated books
1 nitrobetting.eu
1 betcoin.ag
1 playbetr.com
"B"rated books
1 mBet.io Horse racing..
3 stake.com
"C" rated books
2 fortunejack.com
3 anonibet.com
3 sportsbet.io
3 cloudbet.com
2 Bitsler.com
5 Btb88.com
For sportsbooks but they also have casinos.
KYC requirements comparatively
0 = never
5 = mandatory
"A" rated books
1 nitrobetting.eu
1 betcoin.ag
1 playbetr.com
"B"rated books
1 mBet.io Horse racing..
3 stake.com
"C" rated books
2 fortunejack.com
3 anonibet.com
3 sportsbet.io
3 cloudbet.com
2 Bitsler.com
5 Btb88.com
For sportsbooks but they also have casinos.
Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?
ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
I don't know exactly how important it is to do KYC where you will be betting on the gaming side There are some sites where you are offered KYC compulsory. If KYC is done, the betting site seems to be very strong. And if you win your own jackpot, then of course you can do KYC and then take the jackpot in hand.There are various sites besides KYC where you do not need to verify any KYC. ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?
ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
Like what you said above , it is rare or impossible if you are a winning player so by any chance you already knew that there is nothing we can mention because all online casino will require you KYC in whatever they wanted to ask and that is the situation in gambling since the abusing and cheating take place, casino nowadays are more vigilant and monitoring each accounts activities for possible abusing.ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
Not all casino but mostly, but I do recommend the OP to pass that KYC because that's for his/her own good and the casino is just making sure that their rules are strictly met and you're not just a random kid who's way below the legal age to play in casinos. Anyway, you won't have to be afraid if you're not guilty of something. Just be careful giving your details though, and if KYC is asked, make sure it's a reputable casino so that your information is safe.
Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?
ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
As long as a casino site is reputable and trusted, you don't have to doubt or feel bothered if they require KYC. You can check their trust rate and legitimacy to see if they're reputable so you can entrust your personal details. If you aren't really comfortable with it, you can look for casinos that aren't strict when it comes to KYC but you still have to check their legitimacy.
They all have it in their TOS but some rarely use it. Both Betcoin and Nitrobetting have been around since 2013 and seem to only ask when someone is using a VPN. Most likely to prevent a person from using multiple accounts to collect bonuses.
so still not 100% certain that they will not ask for KYC for some reason. also, maybe there have been cases where they ask for KYC not just because the gambler used VPN and it was just not reported. anyway, it'll be up to OP if he considers your suggestion, I just pointed out that their KYC never mentioned that you have to use VPN in order to be asked for KYC.Jump to: