Topic: Some Random Thoughts on KYC and Non-KYC (Read 848 times)

I also dont clearly understand why KYC and gambling is such a harsh problem, that everyone must leave a comment how he is against KYC and worried about the future. I have been gambling in different casinos as well, and the last time I was asked to pass KYC was when ICO were popular and some require KYC to get tokens. In one casino I have an account that is almost 5 years old, I've been gambling there nearly weekly and still hasnt attracted any extra attention from them.

It's for the security of both ends, the online casino's end and the gambler's end. It's not like KYC is something that the online casinos want us to do but because they are forced to apply the mandatory because the government where they are under requires it too. Simply put, they may stop continuing their business if they don't follow the rules.
So a KYC requirement can also mean that the online casino is a legitimate one but I am not saying we should stop there. Let's also look at different angles to say an online casino is really reputable.

Obviously, by their very nature, decentralized casinos shouldn’t even have the authority to implement KYC. But the discussion isn’t really about them because, despite their appeal, they often can’t offer popular games or attract a large number of gamblers.


I’ve gambled in different casinos, and most didn’t require KYC, which made the experience feel much more comfortable. However, with the recent news that some casinos are now enforcing compulsory KYC, it’s a bit concerning. It raises the possibility that even those casinos that have been lax about KYC might eventually start implementing it if regulatory pressure increases. At the very least, we should be prepared for this change, it seems like the trend is heading toward stricter compliance across the board.

For this reason, don't do anything strange when you carry out gambling activities at online casinos. For me, casinos determine KYC or not, it's the same, if they suspect a particular user they will not process KYC for that user, Likewise with casinos that don't have KYC, if they want to do anything they can do, the user still loses.

If you think casinos are a place to get rich and put all your money in the casino and gamble until you die, that's totally wrong.
So that you don't have problems with the KYC system and can always make normal gambling withdrawals, Don't be greedy and bet as usual, if you win you won't be suspected so you are safe.

On average, online casinos don't mention KYC, but the KYC rules are built in, where visitors are not shown KYC when they win normally and small, but if they win big the KYC comes out, that's when problems start to appear at the same time, but not all casinos are bad, there are also those that are responsible, even though they don't require KYC in the first place.

Well, very good observation really, I understand that it's been a while since you started this thread/discussion, but then again, I also assume that it's not too late to contribute to it, especially for someone just coming around for the very first time.

If you ask me, I did just say that we should just come to the conclusion that there are really no No-KYC casinos anymore, especially if the casino we are looking at is a centralized casino, whether they own an operating license or not, just believe that they are kyc complaint and have your guide on and be ready for the day they may arise and demand kyc verification.
Saying this because, from the time I've been on this forum and till date, alot of casinos have passed through this forum, some claim to be non kyc casinos but today, they are no where to be found, while others that still manage to exist today are now fully complaint kyc casinos.

So, I think the trick most new casinos use to attract players is the non-kyc stuff, most gamblers hate kyc, and because of this, they jump on any casino that comes around to claim they are a No-KYC casino, even without reading their terms and conditions first.

You can consider decentralized casino as casino that doesn’t have KYC since they are not regulated. There’s still a lot of casino that doesn’t have mandatory KYC however most of the popular brand already have mandatory KYC due to tightening of regulations as the business is already expanding and at the same time crypto is widely acknowledged as a currency.

Here that I found on the internet that you can read more here https://www.idnow.io/blog/importance-of-kyc-in-online-casinos/

"What is KYC in online casinos, and why do gambling operators need it?
Know Your Customer (KYC) is a process used by online casinos and other online gambling platforms to:
Verify the age and identities of customers
Ascertain whether identity documents are legit
Detect risk factors, such as problem gambling (gambling addiction, affordability issues).  
KYC is an essential part of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations in many countries. Adhering to these regulations protects operators from reputational or monetary risks, and safeguards customers and national economies.

Besides preventing fraud and guaranteeing compliance with age restrictions, KYC helps operators ensure responsible gambling measures and filter out problem gamblers. By monitoring customers’ gambling activity and evaluating their spending patterns, operators can identify those at risk of developing gambling problems, such as gambling addiction. "

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So it like mandatory for casino based on many things, and if you asked me Are there really no KYC casinos? I do believe yes

I think there are ton of online casino that dont mandatory KYC but as they get big and regulation / government start to notice they would be get sanctioned and put KYC on their site.

Well, you can do this, of course, in any case, but often a situation where a casino requires identification occurs if you have won a large amount. And then, in order to receive this money, you will have to fulfill the requirements of the casino. As I wrote above, the reasons for such requirements may be different. Maybe this is done at the request of the laws, or maybe in order to create difficulties for the client in order not to pay him money. Anyway, people play to win, and in order to simply refuse to win because of the KYC requirement, there must be very good reasons.

They may be forced by 3rd parties  ^{for instance some government surveillance agencies} to question you and dox your identity. Thus, I always suspicious about such questioning and immediately leave such casino at any KYC attempt ^{noticed by me} from their part. No-KYC casino preserve my freedom while those ones that requires KYC may result in the use of my personal data for the illicit activity.

When playing in casinos that do not require KYC, you should always treat this issue as if you assume that KYC is required. Then, if the casino has any questions for you, it will not be a surprise. Because in any case, in questionable situations, any casino may require identification. Another question is why this is happening. But this is a separate extensive question, not exactly according to the profile of this thread.

Any casino like this will not have a good reputation. My dear transparency is one thing in an online casino. If KYC is required, it should be made clear from the start so that the user will know if a user would love to continue with the sign-up process. Not when a user has sign up and deposited in the casino. Perhaps played a few games and won. Then they won't allow him to withdraw his money.

When i did a review on the MokeyTilt casino platform, this was the first thing i checked. Most times these casinos hide the KYC procedure in their Tos then after a gambler files a complaint to their support, they would refer him to the Tos which he skipped. This is why reading through the Tos at least a glance is very important. Because these days casinos are formed of hiding everything there so that they won't accept your withdrawal when you win big.

That is also their kind of strategy to attract a lot of players, as if KYC don’t exist, but when it’s time for withdrawal, especially a massive amount, then KYC becomes a necessity. And players have no other choice but to comply, or else there will be no withdrawal at all.

But I doubt if there are actually real casinos that clearly state NO KYC, or it’s just our own anticipation that this casino is not KYC mandatory.

KYC on large volume seems to be the summary of my own personal experience.    Its not too dissimilar to what happens with banking, the famous 10k limit on banks often mentioned in movies that kind of thing.     I dont see why people messing about with small bets is any concern but also they want to track laundering funds where large amounts can be used for that purpose and I suppose that makes sense.

By far plain Dollars and FIAT cash is the main transport for the criminal fraternity I guess but people have this idea that online is a great danger because of its speed and distance I guess.   Most of us are caught in the cross fire unfairly.

Its difficulty for casinos that claim that they re non-KYC casinos to avoid KYC. Even if they try to pull the concept for a period of time they cant hold it for long. Especially the web 3 casino in fact most of them give up in the end.

Knowing full well that is hard to regulate and manage individual activities in a casino where there are thousand of users even with KYC then talk more about a non-KYC casino and how hard it will be for them.

You are right, what can be done is to avoid all that KYC treatment in each casino, I stick only to complying with it in Casinos that I consider a little safer, with criteria such as having more longevity, their good reputation and that they always maintain high marketing, one of the things we have as an advantage is to have the threads in the forum always present, because it is a constant update of the events, some only conform with social networks , but here with the photo we have many advantages, but in itself we are the ones with the last decision, at this moment any casino must comply with KYC, but it is up to us to comply with it until we feel somewhat comfortable, be it at level 1, level 2, the question is that you can withdraw money calmly in case you manage to win.

Asking for KYC to make their services better and to know the type of customers they’re dealing with especially when they perceive a fowl play from such customer. Non-KYC casinos are not common and that could be the reason why they don’t last long or become active for a very long time. It’s very hard for them to deal with anonymous people without posing some threat to their services that they render. Asking for KYC should not be a problem to customers when their intentions are pure with the casinos. Then again, it’s now left for the casinos to hold on and never disclose the information of their customers to anyone except if deem necessary in some circumstance.

Once you do give your information into any platform or services out there then there's no assurance that it will really be that totally safe and despite on having those kind of claims that those informations are safe and secured but still it will really be that better that you should be not minding that much or get prepared with those possible leaks because we dont actually know on what are the things that they would gonna do
with those accumulated information into their users. Talking about KYC then this is something not really that shocking nowadays on which we know that regulation and laws are really that becoming strict even to those
crypto casino whom we do thought that they cant be able to touch with legal aspects but look at on where we are now? Those KYC-less casinos had become that making that switch up and now asking for some verification
on which kinda sucks because here on crypto space, we do highly despise on having that kyc and much prefer on playing anonymous but well there's nothing we can do. They are indeed businesses and since this do talks that huge inflow and outflow of funds on where it isnt something that government would really be allowing for them just to operate without having those regulations since this one talks about having that huge revenue or money flowing into them. So its not shocking that they will really be sooner or later will be regulated and here it comes or it did really actually happen. Therefore as a user then it will really be that up to you whether you would be continuing on playing on the same platform and trusting them up and comply kyc or you would really be trying out to find another places which doent really require it? It will really be that up to you.

That's right, now we as good players rely on confining the KYC only to the most reliable and reputable casinos and although not everything is safe, a casino that is quite safe and reputable gives us the greatest peace of mind if we play there, what you say is very true, the anonymity is what we must take care of but not in casinos, but in our finances, those who have btc, crypto should not make the mistake of declaring them under any circumstances, because the government would already have a whole list of what we have and what we don't have, so it's not good, and if they realize that we play in a crypto casino the taxes must be huge.

But they can not deny the request of KYC from the casino or other websites especially if they are use that site very often. KYC now becomes a primary things on the sites to prevents the illegal things that their members can do.

And even if they knows how to put anonymity, they will difficult to skip the KYC because that will be one of the requirement that the sites apply. They can use the casino or other sites that doesn't requires KYC but they must be careful to pick the sites and play the games on that site. Maybe they will still find the casino that doesn't require KYC but in the future, that will difficult to avoids.

This is the correct and clear way to conduct KYC/ AML procedures. Doing everything from the start makes the casino far more legitimate and transparent to its possible clients.
Casinos that require verifications after accepting a deposit without asking for anything or making big sign-up offers but don't write the full terms from the beginning are not among my favorites. It seems designed to trap you into putting your money in (this is always in the casino's interest) and being unable to withdraw it. Why would a casino do this and be considered tricky or sketchy?
As for anonymity, unfortunately for us who loved it, the days when we didn't need to do any kind of verification were long gone.