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Topic: Unpopular opinion about crypto gambling (Read 1048 times)

full member
Activity: 1204
Merit: 110
October 28, 2022, 12:31:59 AM
But the thing is holding and using cryptocurrency does not entitle us to any special privileges such as KYC exemption.  We are still a citizen of a country and must be obliged to government regulations.  If we do not want to provide KYC, we can just avoid the services that require KYC.
you are right and I agree with you that we are a citizen of a country and we have to obey the government regulations. But when we have overcome any banking system and where there is no KYC requirement to send funds from P2P, there should have no restriction for gambling too. Many gambling sites do not require KYC until there happens any problem for a specific user.
The situation with KYC is changing these days and more and more casinos are beginning to ask their customers for KYC verification, but there are still some exceptional situations where players look for none KYC casinos and play on them alone. Just as we have decentralized exchanges that do not require KYC so we also have casinos that are decentralized and will never ask players for document verifications.
people trust secure businesses more than open on.
I never give my info on the website which are not secure. On the other hand - the business with good CSR and good good repute would always ask for your details.
full member
Activity: 305
Merit: 106
October 29, 2022, 01:58:55 PM
I legit was hoping for a conversation, not a place to spam sig posts.

A bit worried that most of you hand out id that easly but that's not a me problem after all.

It seems my mind was not changed after all

Thread locked !
sr. member
Activity: 1092
Merit: 342
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October 26, 2022, 08:00:38 AM
Why ? Just why ?

Are you against crypto gambling or against KYC? There are platforms where you may gamble without KYC, there is always a choice. At the end it is just a currency and a service, if someone thinks it is worth it, why not to do it?
he is trying to attact gambling site with kyc reason. If he is player i am believe there will several solution for this problem. Alot gambling platform that allow customer using anonymous id, i am believe even in countries that legalized gambling , they still have a space for user that prefere keep their privacy.
That interests me, is there a clause for players who want anonymity and privacy? Can you be taking this as a special service? because if it is a special service and that you have to pay a monthly fee or something like that just for the right to have your anonymity it is something new and that you did not know if it existed, it may be that this is one of the things that many players are They can come to this casino, if a casino that offers all these things, and apart from that they guarantee that they do not touch them, not even by government orders, is something that would be like a VIP service, this type of case should be dealt with by casinos.
full member
Activity: 2520
Merit: 204
October 26, 2022, 05:03:22 AM
There’s a simple answer here, if you don’t like KYC then don’t gamble.

That was too much though because, in fact, we can still gamble even with KYC.

OP just has to search for those gambling sites that don't have a mandatory KYC.

It's not that it was being asked on registration or else. There are lots of popular crypto-gambling sites that are KYC-free.
Many of the sites we do use to gamble has little KYC that is not task requiring so to make there site be able to know there customers and give them the best offers and games. Some gambling sites do not require KYC which they know different ways on how to make users or gamblers to give them orake them fill for KYC. We just need to bet on sites that we like.
Do you know that so many people find it very difficult to accept a platform that is using a kyc verification

So many people? lol crypto gamblers nowadays are starting to learn how to deal with KYC because admit it or not?  this is obligatory in the future.
Quote
so if kyc is a problem people are having a gambling that means known of them is ready to be sincere in the morning because only work kyc determined is the verification to know if you are worthy to claim your bed or your formed which you have already won during the process of birthing so we did that documentation or document we can be able to claim your your forms
What are you talking about? I believe you are the only one that understand that comparison of Bed and Gambling lol.
legendary
Activity: 2576
Merit: 1655
October 26, 2022, 04:28:30 AM
KYC is implemented to ensure that all who would use the platform are of legal age, and avoid money laundering or any other illicit activities. It's part of their compliance to be able to operate while abiding by laws and regulations required by the government. It's normal for anyone to undergo KYC if a huge amount of money is involved to ensure that the casino will not be used in illicit activities. We can't deny that there are a lot of people who uses crypto to abuse being anonymous, but crypto casinos operates in accordance to law same as an offline casino.

And it could really be the norm moving forward, crypto based casinos are going to ask for KYC to verify everything is not a missed specially if you win huge amount of money.

Although myself? I haven't asked to go to a KYC because I haven't been winning big in the thousands of dollars but in any case, I don't have a choice and will go to the mandated KYC to withdraw my winnings.
legendary
Activity: 2604
Merit: 1504
October 26, 2022, 02:50:17 AM
The question regarding KYC for most gamblers is a question of trust in online casinos, if the platform is reliable and you do not want to lose your funds not so much from losing the game as from the possibility of blocking your account, so KYC or not is an individual question and this is a given.
hero member
Activity: 3178
Merit: 977
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October 25, 2022, 07:50:35 AM
So the whole community is stupid based on your opinion, but can you give us casinos that do not ask KYC and are still reputable, I don't know if you can come out with a good list, all the reputable casinos in the industry are implementing KYC and they have a good reason why they asked KYC, they want all their players of legal age and all their players are not coming from a country where they restrict and asking KYC is the only way to do that, you are so ignorant not to know this if you have read and understand the TOS of these casinos you'll understand the need for KYC.
Stop spreading wrong information. It is true that more and more crypto gambling sites are asking for KYC in order to comply with the regulators for the sake of their licenses, but this doesn't imply that there are no reputable sites which don't ask for KYC.

Have been gambling at Crypto.Games, Sportsbet, Bitcasino etc for sometime now and I was never asked to submit my KYC so far.

You will always be able to find legit crypto gambling sites that don't require KYC(Unless they find something shady or if you win big) in my opinion.
hero member
Activity: 1820
Merit: 537
October 25, 2022, 05:44:21 AM
KYC is implemented to ensure that all who would use the platform are of legal age, and avoid money laundering or any other illicit activities. It's part of their compliance to be able to operate while abiding by laws and regulations required by the government. It's normal for anyone to undergo KYC if a huge amount of money is involved to ensure that the casino will not be used in illicit activities. We can't deny that there are a lot of people who uses crypto to abuse being anonymous, but crypto casinos operates in accordance to law same as an offline casino.
full member
Activity: 2520
Merit: 214
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October 25, 2022, 05:22:59 AM
Why ? Just why ?


No matter what is your demand and stand here? yet  gambling in crypto will always ask for KYC, so if you don't wanna be part then best to deal in different way of gambling because this is what it is here in crypto.
I once hate this also but eventually as time passes by, I start to understand why this has been asked and why we need to comply.
If you don't like to do KYC, just don't gamble.
Indeed , Same thought here mate, if we don't want to go through KYC then lets not gamble at all.
hero member
Activity: 2926
Merit: 567
October 25, 2022, 02:49:06 AM
Why ? Just why ?



So the whole community is stupid based on your opinion, but can you give us casinos that do not ask KYC and are still reputable, I don't know if you can come out with a good list, all the reputable casinos in the industry are implementing KYC and they have a good reason why they asked KYC, they want all their players of legal age and all their players are not coming from a country where they restrict and asking KYC is the only way to do that, you are so ignorant not to know this if you have read and understand the TOS of these casinos you'll understand the need for KYC.
legendary
Activity: 2674
Merit: 1226
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October 25, 2022, 02:11:02 AM
I don't think it's stupid at all actually, we have to accept the reality of the situation that everyone these days to run a business is going to have to comply with the laws one day. It's just something unavoidable.

What is stupid is gambling at a casino that you know has stolen people's money in the past just using KYC as an excuse.
but its really unnecessary to pas kyc in gambling platform,we use crypto which is decentralized at platform where are alot gamblers want their identity  keep secret. In legalizer countries that take tax from casino or gambling platform, they will need customer's data and of course alot gamblers Will reject it. Its a place for money laundry so no one will track their money flow.

Then you missed my entire point totally here.

It is necessary to run a crypto business nowadays and keep compliant with laws and regulations. That is simply the price one has to pay for crypto to be legal, recognized etc. Which everyone seems to want for crypto and yet won't pay the price.

Crypto may be decentralized but casinos that are trusted, reputable, that pay out, they're not. Want to try gambling at decentralized casinos? Think they can give you promos and odds as beautiful as centralized casinos that have to obey the law?

I see a hell lot of people like you talk about gambling and decentralized gambling but these guys don't even bet and don't even know how gamblers wanna bet. Gamblers enjoy VIP experience and want to enjoy feeling safe in a trusted environment because they enjoy being customers. For sure there is some whale crypto anonymous players but they are not even using this forum Smiley
sr. member
Activity: 1344
Merit: 335
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October 24, 2022, 06:26:14 PM
Why ? Just why ?

Are you against crypto gambling or against KYC? There are platforms where you may gamble without KYC, there is always a choice. At the end it is just a currency and a service, if someone thinks it is worth it, why not to do it?
he is trying to attact gambling site with kyc reason. If he is player i am believe there will several solution for this problem. Alot gambling platform that allow customer using anonymous id, i am believe even in countries that legalized gambling , they still have a space for user that prefere keep their privacy.
full member
Activity: 728
Merit: 117
October 24, 2022, 05:41:24 PM
Why ? Just why ?

Are you against crypto gambling or against KYC? There are platforms where you may gamble without KYC, there is always a choice. At the end it is just a currency and a service, if someone thinks it is worth it, why not to do it?
I ma is sure that he meant the KYC. Many people are doing gambling activities by avoiding revealing who they are exactly in the real life, this is the purpose of having the privacy and anonymous n the gambling platfrm. However if using crypto, this is the way to ignore being revealed. But, if someone is choosing the crypto gambling platform that requires any KYC, it means that their effort to be private is nonsense. This is exactly the fact. But sometimes, we have no chocie because we love the platfomr and we must do KYC.
Howeevr as yuo said that tehre are also many crypto gambling platforms that require no KYC, so this is our own choice.
legendary
Activity: 3010
Merit: 1280
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October 24, 2022, 05:32:44 PM
Do you know that so many people find it very difficult to accept a platform that is using a kyc verification

I do not think that so many people are having difficulty to accept platform that requires KYC verification.  If your statement is true then we should not see platform that requires KYC flourish, but we can see lots of centralized exchanges booming even after the implementation of KYC,  fiat base online gambling is another example and at the current situation, crypto gambling platform is also booming even though they are starting to implement kYC.


so if kyc is a problem people are having a gambling that means known of them is ready to be sincere in the morning because only work kyc determined is the verification to know if you are worthy to claim your bed or your formed which you have already won during the process of birthing so we did that documentation or document we can be able to claim your your forms

Say what?  somehow I got confused here, can you clarify what you mean by this part?
sr. member
Activity: 697
Merit: 253
October 24, 2022, 05:07:39 PM
What's the use of using crypto to gamble on a KYC requestion platform ? One of the reasons for gambling with your crypto would be privacy. If I need to send them my ID and house bills that becomes pretty redundant.

While looking for that privacy why do you choose crypto-gambling, do you mean you are also comfortable playing gambling with an anonymous crypto-casino?

That's why regulators came in to protect the users and ensure that they are playing only against a reputable casino. If these crypto-casinos are not regulated, how can they even protect those users that will experience scams because of the site?

Part of the regulation is the KYC requirements but can you please tell me what crypto-gambling sites mandate KYC for their users?

Stop with this "crypto-gambling = privacy" because even before, you should expect that we can't fully enjoy crypto without a touch of centralization.
hero member
Activity: 2730
Merit: 632
October 24, 2022, 04:52:27 PM
There’s a simple answer here, if you don’t like KYC then don’t gamble.

That was too much though because, in fact, we can still gamble even with KYC.

OP just has to search for those gambling sites that don't have a mandatory KYC.

It's not that it was being asked on registration or else. There are lots of popular crypto-gambling sites that are KYC-free.
Many of the sites we do use to gamble has little KYC that is not task requiring so to make there site be able to know there customers and give them the best offers and games. Some gambling sites do not require KYC which they know different ways on how to make users or gamblers to give them orake them fill for KYC. We just need to bet on sites that we like.
Do you know that so many people find it very difficult to accept a platform that is using a kyc verification so if kyc is a problem people are having a gambling that means known of them is ready to be sincere in the morning because only work kyc determined is the verification to know if you are worthy to claim your bed or your formed which you have already won during the process of birthing so we did that documentation or document we can be able to claim your your forms
When it comes to personal identifications and information then each person does have their own level of risk taking where there are ones who cant really just afford on making out exposure and to those who
do simply accept and just be fine on giving out information considering that they have been doing nothing then there's nothing to be afraid off.
Its a personal choice but in overall which majority is really that too in concern about exposing their identities even on playing gambling.
So its a personal choice and since we do have different choices and options then this wont really be that much of an issue.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
October 24, 2022, 03:27:49 PM
But the thing is holding and using cryptocurrency does not entitle us to any special privileges such as KYC exemption.  We are still a citizen of a country and must be obliged to government regulations.  If we do not want to provide KYC, we can just avoid the services that require KYC.
you are right and I agree with you that we are a citizen of a country and we have to obey the government regulations. But when we have overcome any banking system and where there is no KYC requirement to send funds from P2P, there should have no restriction for gambling too. Many gambling sites do not require KYC until there happens any problem for a specific user.
The situation with KYC is changing these days and more and more casinos are beginning to ask their customers for KYC verification, but there are still some exceptional situations where players look for none KYC casinos and play on them alone. Just as we have decentralized exchanges that do not require KYC so we also have casinos that are decentralized and will never ask players for document verifications.
copper member
Activity: 2380
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
October 24, 2022, 03:12:12 PM
But the thing is holding and using cryptocurrency does not entitle us to any special privileges such as KYC exemption.  We are still a citizen of a country and must be obliged to government regulations.  If we do not want to provide KYC, we can just avoid the services that require KYC.
you are right and I agree with you that we are a citizen of a country and we have to obey the government regulations. But when we have overcome any banking system and where there is no KYC requirement to send funds from P2P, there should have no restriction for gambling too. Many gambling sites do not require KYC until there happens any problem for a specific user.
sr. member
Activity: 1313
Merit: 302
October 24, 2022, 11:30:05 AM
The people who not like the kyc on trading of crypto currency will get into the gambling.But some platform forces the people to verify their kyc in order to make use of crypto currency.The people who uses gambling for the entertainment will not like to show their kyc.So it’s better to omit the kyc in crypto currency based gambling.It should be consider by gambling websites.
sr. member
Activity: 2226
Merit: 259
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October 24, 2022, 11:23:32 AM
I have experienced with a couple of reputed crypto gambling platforms, but there are no KYC requirement. As far as i know that they only ask your documents when you are suspicious in their eyes. Personally, i don’t like KYC in crypto because i'm concern about my identify, i heard so many times here most possibility to abuse our personal documents and it’s true.  
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