Topic: The most liquid companies in the gambling industry - page 4. (Read 2820 times)

That's right, there has been quite a bit of a long stretch of good markets, good crypto and in general a good pace of growth mostly everywhere except in some poorly managed countries. We should not be thinking that this is going to be like this for a long time, there are periods in which all contract and then is when you will need to make sure the site is "liquid".

I think just as it be to exchange so it is with casino's,  for legislatmacy sake, it best to gamble on a KYC compliance casino,  because in terms of liquidity provision,  centralised platforms tend to have more liquidity compared to their decentralised contourpart, because investors investors will have more confidence in those platform that have some form of licensing for the operations.

Anyways if I am in position to chose at anytime a new casino then I will surly go for a good kyc casino and pass through the processes that enable me to withdraw my winning anytime I hit the jackpot, instead of relying on a no kyc casino that take my money and never pay out when there is winning due to low liquidities.

You know that time goes by and things continue to change, what we may e privileged to enjoy several years back may not be the same conditions of the requirements needed because obviously the economy and financial obligations have changed as well, we have to go along with the way thing operates now base on the current updates with the gambling sectors in this present conditions, those that have been seen as the most liquid gambling company then does not exist like before again and new one are taking over to make their own new offers and regulations concerning these.

Whoa, that's kind of Stake.com and I must say that I love to read things like this as their campaigner. We can't ignore the importance of the high liquidity of any company we are dealing with and it's no news that Stake.com is a well-liquid casino and sportsbook with a huge track record so far. This coupled with the huge reputation it has built in the course of years.

Now imagine a person gambling with such a company, the fear would definitely be alleyed, and no matter how much the money to be wagered and the winning possibility, it would be rest assured that it will be taken care of by such a well-prepared company. Needless to say, Stake.com is managing the risk internally as well which also depends on the multiplier in the game in question. By this internal management, they will reasonably avoid the risks they can't be able to honour its winning. This is wise and helps both parties, but such an amount would have been so huge to say the least.

You are completely right, but unfortunately, this is something that most gamblers always fail to understand, they tend to blame the casino or curse the casino for imposing kyc verification on their account, forgetting that without the casino doing that, the casino may one day go offline without the possiblity of them coming back online, and when that happens, same customer complaining about the casino asking kyc document for verification, may also lose his or her money.

It's like you've said, gone are the days when the government cared less about the people and their online identities, alot have changed in this regard and we mustn't hate and boycott our favorite casinos because they are implementing kyc verification system and seem to be imposing it on their customers, no business wants to lose their customers, most especially, their loyal ones, but when it comes to kyc, most casino can't do much is it's completely out of their control.

Gone are the days when one could deposit, gamble, and withdraw any amount in a cryptocurrency gambling platform without having to comply with AML and KYC rules because there was nothing of such kind back in the day. When we talk about privacy, reputable platforms always care about the privacy of their customers no matter what, some people think that the platform asking for KYC is hindering their privacy, but the reality is, that they are compelled to do that.

If a centralized platform doesn't comply with rules and regulations imposed by the authorities, they have the fear of their licenses getting cancelled and having their platforms closed down because they need to comply with the regulations, it's more of a necessity for them.

I believe the CEO's knows the importance of the privacy and at will continue to operate with all levels of privacy and this is why we have come to a point where all the facts and factors point to the casino with the highest liquidity this is like it will be measured in terms of high withdrawal,  and also how best the casinos act within the stipulated laws that guide the conduct of all the parties involved.


Some time ago, I read somewhere how Stake paid winners $150,000 without any demand for KYC which shows how well the company pays attention to privacy, and the high available liquidity to pay customers.

I got your points and you're absolutely right, in addition to it all, there are many things to consider before having a gambling platform established, the source to where this idea being generated is very important, some have it as a direct gambling business and they run their platform by themselves while some go into a partnership kind of franchise when the finance needed could not be able to catch up with the needs in demand, which is part of the serious challenges many platforms are having before the whole administration is being centralized into categories and you cannot easily effect any change or implement anything that has to do with financial liquidity.

It is very true, there is also something that the USA is Managing in a Great Way, it is that with their regulations they make the Countries of the world adapt to their measures, there it is, they say that it is going to Prohibit certain Countries so that they do not have Access to certain Privileges and the things are done as they say, so at a global level they pay a lot of attention to the power that the USA has, then these policies are passed on to the casinos, to the exchanges, and the main sites have regulations, then this type of thing has Decreased freedoms in Every sense, so when talking about KYC it is total control that is being Implemented, this is what is coming and each time anonymity, privacy is much less what People enjoy , the Flow Our data is quite Easy to find on the web, even so for people who do not like leaving traces on the Internet it is possible to find data about them, then, if they do not have social networks where their Names appear,  DNI, full name and sector where you live.

These are things that are Inexplicable to many , Because that is the Reason why people's Iinjuries sometimes Appear on the web and in reality

Yeah!  Of course, maintaining anonymity when gambling is much preferable to publicly disclosing such personal information.  Sometimes there are cases when even the closest relatives do not know that their loved one is an avid gambler.  Apart from the employer, from whom it is of course better to hide such data, sometimes this hobby has to be hidden from the public simply because of the government policies of certain countries where there is a direct ban or public condemnation of gambling.  So there are many options for people who prefer to remain anonymous.  Even I think that the vast majority of players would prefer not to undergo KYC at a casino if they were confident in advance that the casino would accurately and without any problems pay them the money they won at any time the player wishes.  But this doesn’t happen in real life and players have to go through KYC. 

Nevertheless, I see a clear gap in legislation here, primarily in US legislation, which does not properly regulate such an issue.  And this should finally be done simply for reasons of humanizing society and preserving the human right to private life.

I agree with that motion, because it is logical that an employer has a person who carefully studies the background of the potential employee and if he knows that he plays in a casino, the employer will want to watch his back, the first thing they think is that they are not going to hire to a person who is probably addicted (even if they are not) that is most of the Perception that they have about the people who gamble in the casino, of course not everyone thinks those things about the people who gamble in the casino, but Since we live in a society where they basically like to generalize and have the appearance of a typically perfect person, they cling to those standards to justify their decision, and not only for that, but if the person hires someone and has problems, the company is in the obligation that your employee needs specialized care, then the company has to assume those expenses, which is something that companies do not like to assume.

These reasons are extremely important when it comes to anything, not just a job, but anything in everyday life, it is a thousand times better to maintain privacy and anonymity for these reasons and many more, we live in a system that requires having certain rules, that when they are not followed you can be judged, although the truth is that it doesn't matter to me, if no one tells me in front of me anything doesn't matter to me, because I am a person who is so involved in my things that I don't care what people think.

I also know that in many countries employers very carefully and carefully study the overall lifestyle of the employee they hire.  Obviously this applies to well-paid jobs.  And such a hobby as gambling will definitely spoil the image of an employee if the employer finds out about it either when hiring, or this person is already working in this position.  This may even be a reason for dismissal.  And the employer can be understood simply because he can place the employee’s passion for gambling even on the same level in assessing an employee with such obvious human vices as alcoholism or drug addiction.  It’s just that the employer sees such a person as an avid gambler, even if the employee is not one.
 That is why maintaining anonymity, including the method you wrote about, is very important for the career and, in general, for the work activity of the employee.  And the loss of anonymity in this case can have catastrophically destructive consequences for this player.

There's also a means of making all these through the online gambling platform, some of them take advantages in making advertisements as well using adds but their difference is that you can have other things advertised on their platform than what they do as service while on the physical sites, you can buy and sell on real items and make business as well outside the contest of the gambling platform because their regulations does not restrict for doing such.

This is a very important point, there are many jobs that are very careful when choosing their workers, basically because in each company each of the workers are direct ambassadors of the company, for that reason they turn out to be jealous, and sometimes because The criteria and standards of the same company would not be good if they were discovered in gambling or something similar, sometimes it is not good seen in jobs that are more delicate, they can be banks or government entities, especially if they are regulators of the Likewise, if a casino could Offer a paid service that guarantees the non-identification of players who want to remain Anonymous , I think it would be a good option and that this data would be saved in a type of DeepVault that works only with the player's private keys. to whom you want to provide the service, that may be one of the things they can do , it doesn't Matter , it may be that for the service they have to pay 2 or 3 USD per month , but it would be worth it, of course it is a solution that It occurred to me, I Don't know how Viable it would be.

Regarding  crimes that can be committed, we know that criminals will always find any type of tool to use in their favor, that will always be something that cannot be avoided.

What you are talking about, I think, is the obvious dream of any normal cryptocurrency owner.
 It’s just that the cryptocurrency was originally created thanks to Satoshi’s brilliant invention as an anonymous means of payment.  And it’s not for nothing that the world still doesn’t know who Satoshi is. 
I hope that anonymous and private payment processes will still develop in parallel with personalized and non-anonymous payments.  There are simply areas of human activity where secret money transfers are preferable.  I am not talking about criminals, fraudsters and those who launder criminal money.  Law enforcement agencies must fight them; it is their task to track down and catch such criminals.  And put them in prison.  I'm talking about ordinary people who are law-abiding but who need anonymity.
 By the way, in a casino, in my opinion, most of the players would prefer not to reveal their identity.  And there are many reasons for this. 
For example, a player does not want his employer to know about his passion for gambling.  Since this can harm such an employee.  And there are many other reasons to remain anonymous.

I share in the view of both you, and @Slow death has very good points, and you have somewhat good points too, but still, I will dance more to the side of @Slow death because all that he said are realities of the day, except that it can't be as total as he stated it. Whether true or not, people believe better in the kind of brick-and-mortar arrangement where they would be able to see the representatives of the casinos. In some cases where it is the direct involvement of the casinos and not agents/franchisement that is involved in establishing the casinos, there is this high level of trust, especially if what they have in the building is worth a fortune to dissuade them from disappearing into thin air. This arrangement often encourages gamblers and they do not always have that power as though they are entirely online that they are untouchable.

Having a physical presence even means that you have the highest chance of registering and being regulated in the country you are in. The report against the casino could be severely sanctioned if found guilty of this arrangement. For this, the casinos would want to be sincere to a great extent and not be awkward in behaviour like most online casinos do. Also, I would like you to consider the fact that you overemphasized things here. How many physical casinos have you heard were harassed or robbed? These guys are not foolish enough to have to hold huge money with them all the time. Even some people who patronise them do transfer to them and not pay with physical cash. The same thing goes to when they want to pay huge money, they do not pay in cash. Above all, no business is without its issues, but the way we handle them matters.

However people may be less reluctant to use an on-line less known place rather than a physical location. It happens also to many people when shopping, not just for gambling - the physical location is both a marketing spot and a sign of having some real business behind. Yes, there can be criminals, but there are usually also some ways to protect the cash - not that people use cash that much.

You are absolutely right, in fact when I started to know about casinos, bitcoins and all this part, I was part of a project of a privacy policy that was going to last, because for me it seemed or maximum, because for me it was always better having that type of currency that became impossible to trace and I liked that, because from the beginning I always thought about those rights, privacy and anonymity and just what we were really looking for , because those are things that we always thought about obtaining.

But actually the Cassians are not like that, they do not provide this type of service, and there is no way to excahnge them, so in any of the Jurisdictions things will be very unfavorable for us as players, but how can it be done currently? because I know that if you as a player stand up in protest you will not do anything, it has to be a conglomerate that stands up and no longer accepts this type of things, and seeing how everything is going, I think that in the future the players will seek to become more involved anonymous, with more privacy, because there will be Freedom from everything.

Casinos will always make the difference, they are companies that will always handle a lot of money, but what happens if 70-80% of the players stop playing? Would it force casinos to not continue with KYC? because they would go bankrupt.

Whatever you and I come up with and whatever we discuss, there is always a request from some Internet users for anonymity, including, of course, gamblers.  For this reason, this market niche will never be empty.  And there will certainly be casinos that do not mock their players with these very checks and KYC when the player uses cryptocurrencies, the nature of which preserves anonymity for itself.  Of course, there may be nuances here in the form of a limit on the amount of money won in gambling that a casino client is going to transfer to his personal account.  This amount can be specified in the ToS, of course, and rightly so. 
But there is another side to the issue, which is that many new casinos with very tempting withdrawal conditions may turn out to be fraudulent from the very beginning.  And such advertising in the form of a guarantee not to require KYC is simply an option to attract additional customers who naively think that this fake casino will not deceive them.  But I think that such casinos are, first of all, an object for law enforcement agencies to search for its organizers.  And law enforcement officers simply must do their job efficiently, especially since the Internet makes it possible to track such types of fraud.  And in the case of cryptocurrencies and blockchain technology in general, there is always indisputable evidence of fraud.

 But, to summarize: the demand for anonymous casinos gives rise to the supply of such services and it will have to exist.  And over time, I hope, they will be officially and legally legalized in some jurisdictions.

Well, I do know that governments are very given that the money that should be given to them does not matter how, it has to be fulfilled, personally, Primarily the casinos have to do something so that these requirements are gradually eliminated so that they give more options To win, it is not possible that to withdraw 100usd you have to do a level 1 KYC, otherwise they simply do not give you the money, and that is somewhat unfair, which is why casinos now take these into Consideration Things are going to start to make a difference, in general the casinos that are older don't have as much of a problem with these things, especially since things can happen that way, but now I have seen that casinos that are new, what they need of clients, because they put many commissions, apart from the proeñla that they put with the VPN, something that does not seem at all logical to me or bother them for that, so this type of thing is the ones that the cians I know can fight to remove and let play well to your clients.

I think that a casino is more Liquid when it allows its customers to enter and does not make their lives so impossible, that they allow them to withdraw Small Amounts and that they do not put so many "buts" on them, these types of things are What they have to focus on as a challenge. I don't see any caisnos or avanlancabde caisnos that there are because if we look at it there are many that enter, but few stay and that is something that we notice Immediately , for that reason it is that every time we are in a casino we must Check the Tos to see if a withdrawal with KYC is required immediately, even if it is with 100usd or less, which does not seem like it to me but those are their policies that seem absurd to me, if a casino focuses more on getting more customers without worrying so much about the KYC because there they will start to notice the differences, there will be many more customers there, because they respect more the fact that if you Enter, deposit and register, the registration will be done immediately and they will not have to wait So much so, and after a KYC you Wouldn't get into trouble with the Government Demanding taxes.