risk of kyc on crypto casinos ? - page 12.

smartaction

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Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

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

Passing KYC is always risky.Be it gambling site or any other site. However, it is more risky if it is cryptocurrency related. Your documents should be kept as secret as possible. If you do not make large transactions. And if it does not exceed the limit of kyc verification. Then always avoid kyc. But if it is mandatory for you. Then you are obliged to do so if you want to use the services of that site

dothebeats

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I'm okay with casinos imposing KYC as long as it's not intrusive and as basic as it can get. Advanced KYC should be imposed on players with huge jackpots only for verification purposes and that's it. I'm wary of giving out so much information to a third-party even if they say that they won't sell what they received. Read a lot of issues concerning this topic over the past few years and it certainly isn't helping in any way to renew people's confidence on KYC.

Ebede

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Quote from: lule29 on June 19, 2022, 05:27:17 PM

Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

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'm afraid I can't name any casinos that don't require KYC, but I can assure you that I respect your desire for privacy and that KYC is only used by licensed casinos. So, even if you win more money, I doubt you'll be compensated on the unregulated ones.

I wish you luck in your search for reputable companies that do not require KYC.

did you want to strictly tell me that without KYC with the any casino game then you will not be able to withdraw all your game or all your entitlement. I know where that I don't play casino like that what I have the play knowledge or understanding is soccer betting sites they don't have to do any KYC before you cash out or withdraw your money so all those sites that have kyc verification i might say they are entitled to patterned with because of security function

naira

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Any casino that requests user personal data completes KYC when an activity is deemed suspicious. Casino compliance with the rules is number 1 to keep them operating as planned. Decentralized crypto casinos don't require you to be KYC compliant if: you're in a non-banned location, if your bet doesn't exceed the max for non KYC members, if you don't use multiple accounts, if you don't abuse promotions and so on.

So no need to pay someone for this kind of thing, make sure you really read all the rules that apply.

goldkingcoiner

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Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

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

The risk of doing kyc on crypto casinos is pretty much the same as doing it on any other website, not just for online gambling. Although some online gambling websites are sketchier and shadier than others.

There are a few good online gambling websites that do not ask for KYC. But I think if anything were to happen to your funds, good luck proving its your money and nobody elses...

So its a double-edged sword as you see. But I still would not feel comfortable with giving random strangers my private documents.

That being said, this entire thread looks like an attempt to fish out and identify people with large amounts of money. I would not recommend anyone to contact OP on Telegram or anywhere else. There might be a chance you get scammed.

Haunebu

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I have not heard of a single crypto gambling site that doesn't require KYC at all. They usually ask for KYC for various reasons which is why it's very difficult to find one that will never ask for KYC op.

However, you can try using betting exchanges like Fairlay which will never ask for KYC and won't care if you win consistently since they earn their profit from commissions on player bets.

Gozie51

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Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

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'm curious why you desire a casino that when you win big then you get get your profit as expected because of delay with excuses trying to cheat you? I understand also that the nature of cryptocurrency is suppose to have everything decentralised but this is about playing for doubling your money. Any reason for this or you don't mind if they cheat you?

Pandu Geddon

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Quote from: Chikito on June 20, 2022, 08:48:05 AM

Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

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

don't worry we answer you as we can, just keep your money safe.

this Is for example: if you have a gambling site (let's try to be the owner) and your customer wants to withdraw a big amount of money, and for this situation, you still doubt if this is really your customer (because you frequently hear hacking gambling site), so what can you do?, cancel the withdrawal or do for complete KYC?.

good analogy.

OP, should now know how important KYC is in casinos. Even using the same IP and device can also be categorized as suspicious behavior for some casinos.
I don't know why the OP is afraid to give his data to the casino. but if you feel uncomfortable playing at the casino because of KYC, I hope, you will find a place to play gambling that suits your passion.

Plaguedeath

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Quote from: ayuskabob on June 20, 2022, 07:48:19 AM

Thanks for the replies guys,so about stake or any other casino that has those kind of "kyc triggers" is there a specif value that make them ask for kyc ? above $10k or something like that ?

Each casino do have different price would trigger their system to ask KYC, the bigger casino is, the bigger amount they will ask it. Since Stake is really big casino and you get asked to provide KYC, I'm 100% sure other online casinos will ask your KYC even your wager are less than in Stake.

Chikito

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Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

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

don't worry we answer you as we can, just keep your money safe.

this Is for example: if you have a gambling site (let's try to be the owner) and your customer wants to withdraw a big amount of money, and for this situation, you still doubt if this is really your customer (because you frequently hear hacking gambling site), so what can you do?, cancel the withdrawal or do for complete KYC?.

_act_

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Quote from: bittraffic on June 20, 2022, 02:16:17 AM

Try playing with just few amount of BTC, those casinos will not ask for KYC. But if you go to more than what they think needs KYCing, you'll need to comply.

Kyc is normal and legit on casino, people should not just deceive themselves think they are going for no KYC casino sites, they can one day ask for KYC, they can also ask for KYC at any point in time, just like you said, if large amount is won, the gamble site may be more hesitant to released the money or not release it easily and KYC is one of their tools.

Quote from: bittraffic on June 20, 2022, 02:16:17 AM

There are few that they consider to be "decentralized" casinos, like the exchanges that also claimed decentralized you can do transactions but you just can't trust any KYC to any platform. You would rather be going to the known licensed casino like stake if you are to send KYC.

You can give examples of betting site that are decentralized like decentralized exchanges, people said they are existing but they are not naming any.

Quote from: ayuskabob on June 20, 2022, 07:48:19 AM

Thanks for the replies guys,so about stake or any other casino that has those kind of "kyc triggers" is there a specif value that make them ask for kyc ? above $10k or something like that ?

Stake request for KYC during deposit, not during withdrawal.

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Quote from: ayuskabob on June 20, 2022, 07:48:19 AM

Thanks for the replies guys,so about stake or any other casino that has those kind of "kyc triggers" is there a specif value that make them ask for kyc ? above $10k or something like that ?

It's different at each casino but the guide in post #7 shows how likely you are to get KYC.

ayuskabob

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Thanks for the replies guys,so about stake or any other casino that has those kind of "kyc triggers" is there a specif value that make them ask for kyc ? above $10k or something like that ?

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Your personal information is at risk at big reputable casinos because the database is worth a lot of money and is sold. It's best to play at casinos without KYC.

Jawhead999

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AFAIK only Freebitco.in is the only one casino without KYC and trustworthy so far for many years, there are many casinos that didn't ask KYC, but after someone won a jackpot, the casinos are disappearing since they don't want to pay the gambler. Any license casino will ask KYC, even though the license is completely useless since it doesn't protect the gamblers if the casino turn become scam.

TimeTeller

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Quote from: xSkylarx on June 20, 2022, 07:13:27 AM

Reputable casinos always ask for KYC especially if you win some big amounts on their platform. They ask for your identity to make sure you are not a criminal and in the right age to do gambling. Your information is only at risk when you submit it on a not well-known platform, their promotions and better chance of winning could just be a bait for them to get your identity then sell it on the black market or use it for their bad intentions.

I believe, we can't avoid this anymore in most licensed crypto casinos.
But this is better, rather than casinos disappearing or shutting down without a trace.
As the casinos are getting licensed, they need to abide the rules set by their gaming license.
But in some casinos, they still have the leeway not to require KYC if you are not exceeding their certain withdrawal/deposit amount.
If the OP wants to have at least peace of mind, just send your docs to casinos that you think are reputable in the community.

ultrloa

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Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

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

Most of old time casino are been ask to require this to their platform users so its really good for many gamblers that they should accept this kind of requirements ask by a casino since the industry is evolving and their's a law will be implemented to monitor on what's happening on this industry. That's why picking up the most trusted casino is the best option so that we can lessen up our worries about possible risk on providing our KYC details to random people on internet.

Bitinity

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Quote from: xSkylarx on June 20, 2022, 07:13:27 AM

Reputable casinos always ask for KYC especially if you win some big amounts on their platform. They ask for your identity to make sure you are not a criminal and in the right age to do gambling. Your information is only at risk when you submit it on a not well-known platform, their promotions and better chance of winning could just be a bait for them to get your identity then sell it on the black market or use it for their bad intentions.

Bear in mind that illegal data selling happens anywhere and reputable casino cant guarantee that their employees wont do that. Once you do KYC, no matter where you do it then you should be ready for the risk. It applies not only in online gambling, but in any online service including in your official government website where the data might be leaked.

xSkylarx

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Reputable casinos always ask for KYC especially if you win some big amounts on their platform. They ask for your identity to make sure you are not a criminal and in the right age to do gambling. Your information is only at risk when you submit it on a not well-known platform, their promotions and better chance of winning could just be a bait for them to get your identity then sell it on the black market or use it for their bad intentions.

Slow death

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Quote from: Erdogan on June 20, 2022, 02:37:31 AM

Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

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

There are casinos on the market that declare that they do not require KYC, but in most cases, when you read carefully into their Terms of Service, you will find an option where they can request KYC verification. This is certainly the case with all casinos that have a license. My advice is to register with real data and then you will avoid problems in the event of a big win.

OP another piece of advice you need to take into consideration is:

Never put your money in the casino that is in @Erdogan's signature because they are big scammers, you can lose all your money if you put money in that casino that is in @Erdogan's signature

Other advice:

If you want to use a casino then be prepared to do KYC, do not be fooled that there will be some casino that in the future will not ask you for KYC

Topic: risk of kyc on crypto casinos ? - page 12. (Read 5062 times)