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Topic: Unpopular opinion about crypto gambling - page 3. (Read 1048 times)

hero member
Activity: 2282
Merit: 589
October 23, 2022, 03:31:47 PM
#86
Why ? Just why ?
I am not gonna try and change your mind but here's another perspective. using Cryptocurrency does not mean the person wants to be anonymous. believe it or not, many gamblers like the wide variety of gambling sites they can play on when using cryptocurrency. besides, even if the crypto casino says they have KYC a lot of them only ask for it in certain situations so there is a chance that you can play for a long time without even being asked to do a KYC.
Every top casino site does not ask for instant KYC after we register an account, we can play any gambling and can make withdrawals without KYC only unless you win big bets and there are suspicious factors in your account. Just like you said above, that we don't need to avoid top casino sites because they only implement KYC to avoid money laundering and other criminal activities that take advantage of gambling sites.
legendary
Activity: 2436
Merit: 1104
October 23, 2022, 02:26:38 PM
#85
Why ? Just why ?
I am not gonna try and change your mind but here's another perspective. using Cryptocurrency does not mean the person wants to be anonymous. believe it or not, many gamblers like the wide variety of gambling sites they can play on when using cryptocurrency. besides, even if the crypto casino says they have KYC a lot of them only ask for it in certain situations so there is a chance that you can play for a long time without even being asked to do a KYC.
hero member
Activity: 3010
Merit: 794
October 23, 2022, 02:24:10 PM
#84
I don`t see any problem with KYC. You share you private data every day and afraid KYC. Why? For me using cryptocurrencies just an additional preference in online casinos. I can pay with credit card and i can pay with cryptocurrencies. And in some casinos my credit card has restrictions and the only way to gamble in such casinos is to use cryprocurrencies.
If people would really just simply try to look on what they are currently doing which exposing off their personal information then we are already doing it since from the days where we do enrolling or applying on something

which these information would be mainly be asked or needed.If there's something that you do tend to hide then this is where you dont like to make yourself been known but if none, then i dont really be seeing this

to be a big issue but there are really that people who do give out importance about anonymity but well it is really depending on someones preference.Lets just really that mind off
on how convenient to play when you do have different payment options whether using up your cards or simply with crypto.
hero member
Activity: 2548
Merit: 769
October 23, 2022, 01:31:39 PM
#83
I don`t see any problem with KYC. You share you private data every day and afraid KYC. Why? For me using cryptocurrencies just an additional preference in online casinos. I can pay with credit card and i can pay with cryptocurrencies. And in some casinos my credit card has restrictions and the only way to gamble in such casinos is to use cryprocurrencies.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
October 23, 2022, 01:24:00 PM
#82
There are people who want to remain anonymous - let's for example take the case. IF someone is so protective on watsapp and hiding their identities I would not trust them - I dont like these kinds of group of people. Rather I like people who are clear and open about the dealing. Wrong info sharing is something I would not believe  even for my small business.
Comparing that with the example of what you've given of people faking their identities or hiding it on social media and having a kyc. I think that there's a huge gap between them.
While most people have to protect their identity online, many are starting to be aware of it and don't include and give all the necessary details that they have to give publicly. It's all on them that they aren't giving the vibes that you can get most information of them in social media, while in casinos that asks for kyc, it's a different matter as it includes your finances just like the banks to know who are their customers.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
October 23, 2022, 01:19:45 PM
#81
This is the regular operation of some casinos. Casinos often take advantage of this kyc to cheat gamblers. Because they don't have any problem if you deposit huge amount and they don't have any problem if you lose all that money. But, their problem starts when you win big amount, they will force you to complete kyc. Because they try their best to see if they can somehow walk away without giving that winning fund to the gambler. So you should deposit in a reputable casino, so that even if you complete kyc at least, your personal information will be safe. As a crypto user myself I try to avoid KYC. But unfortunately it is true that many times I am forced to complete kyc despite my reluctance.
Not all mate but there are some casinos who put a notice if how max a user can deposit or play, and they also wrote if what is the minimum deposit so that users funds will not lost. Unfortunately, there are still casinos who works as you describe and maybe it's true that it's one of the ways to steal money because some gamblers won't just do a KYC and choose to abandon their account along with the money that they won.

KYC or not, no one will want to play on an unknown casino because they are afraid that it wasn't fair. If you really want to avoid KYC then you better start reading the terms and conditions of every casino that you play. That's the only way that you can be sure of.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 23, 2022, 08:15:16 AM
#80
I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.
I don't know why any time I play in a gambling which does not require kyc, I will feel that anything can happen to the company or my money. I will feel insecure and will play with small money and little wager in order not to win big. No matter how the company says they don't kyc, you must do kyc if you win big or even the company will run away with your money or victimise you. When they say No kyc, have it at the back of your mind that there's some form of kyc at the end.
Maybe you have already some experience about those site that does not ask for KYC but all of a sudden when you wanted to withdraw they will ask?

and also many times that  we have seen this issue here ,. that players made post about they are suddenly being required of KYC .

so legit casino nowadays ask KYC right away upon creating of account.
I'm that because he's read a lot of casinos that suddenly ask their members for KYC, especially if they can win a lot of money. So if you spend a lot of money on gambling, be prepared to do KYC. Otherwise, reducing the amount of money you spend gambling might be better. That will help you to avoid KYC. Although you cannot completely avoid KYC, at least you can play gambling without worrying about being asked for KYC. But be careful if you want to do KYC and it's better to play gambling at a reputable casino so that if you are asked to KYC, you do it at a casino that can provide security for your data.
newbie
Activity: 69
Merit: 0
October 23, 2022, 06:37:10 AM
#79
it actually is stupid.. and whats more shocking is people actually prefer sites like stake.com which even asks proof of funds lmfao.. thats totally absurd
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
October 23, 2022, 02:40:54 AM
#78
I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.
I don't know why any time I play in a gambling which does not require kyc, I will feel that anything can happen to the company or my money. I will feel insecure and will play with small money and little wager in order not to win big. No matter how the company says they don't kyc, you must do kyc if you win big or even the company will run away with your money or victimise you. When they say No kyc, have it at the back of your mind that there's some form of kyc at the end.
Maybe you have already some experience about those site that does not ask for KYC but all of a sudden when you wanted to withdraw they will ask?

and also many times that  we have seen this issue here ,. that players made post about they are suddenly being required of KYC .

so legit casino nowadays ask KYC right away upon creating of account.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
October 23, 2022, 02:12:40 AM
#77
I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.
I don't know why any time I play in a gambling which does not require kyc, I will feel that anything can happen to the company or my money. I will feel insecure and will play with small money and little wager in order not to win big. No matter how the company says they don't kyc, you must do kyc if you win big or even the company will run away with your money or victimise you. When they say No kyc, have it at the back of your mind that there's some form of kyc at the end.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
October 23, 2022, 12:26:06 AM
#76
Why? Are you kidding with me op? KYC is easily one of the most annoying aspects of crypto gambling which is why most crypto gamblers including me detest it and submit it only when absolutely necessary.

KYC basically nullifies the differences between crypto and FIAT gambling sites by eliminating the anonymity feature which sucks big-time in my opinion.

Many crypto gambling sites provide all sorts of excuses such as legalization requirements, security etc in order to justify enforcing KYC.
hero member
Activity: 3010
Merit: 629
October 22, 2022, 10:56:17 PM
#75
It also became stupid because the documents gathered using this Know Your Customer process can be used on identity theft and other illegal related schemes.
This is one of the reason why many gamblers are hesitant to comply on kyc verification or staying away to casinos who have such requirement. There's a possibility for our informations to be used in illegal activities if there's a data breach.

Anyhow, there are still casinos who don't require their players to undergo this verification unless the account is suspicious or exceeds the limit for withdrawal (often this is the case for sudden implementation), so we must be prepared for this if you still want to play in a crypto casino.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 22, 2022, 10:47:01 PM
#74
I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance
By "compliance" do you mean being licensed? If yes then I have to disagree with you. There are many licensed casinos which turned out to be scams and, at the same time, there are many trusted services which do not have a license. Having a license has its benefits but it has nothing to do with reputation and it doesn't guarantee you won't get scammed, imo.

True, but with the huge number of scams that we have in the market of cryptocurrencies many people will prefer to play in a casino that has a license, as at least some procedures were taken to verify the identity of the persons behind that casino.

And unfortunately this means that many gamblers will have to accept identifying themselves at some point, however as you say this is not a guarantee, which is why many gamblers are mad they still have to identify themselves as in any other fiat casino but they are still getting scammed at an alarming rate.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
October 22, 2022, 10:12:53 PM
#73
Why ? Just why ?

~~~
We need to change some misconceptions. There are many of us who don't like Totally Crypto Casino sites and we don't like their rules.But those of us involved with these cryptocaseinosides have never been cheated by caseinsites.Never seen them cheat. I heard in a news the other day that a Nigerian man won $51,000 dollars a few days ago.But this person took his money well and they were not defrauded.So really we have to avoid all the misconceptions that we are immersed in.We should always think positively.

There are a lot of people who want to keep themselves as anonymous we know how the information right now can be used in different things and also if their information gets exposed in the public it is now easier to hackers or spammers to make immediate access to the person itself so this is just one of the factor why they want to keep their information and avoid KYC, but to benefits to the gambling casino and players at the same time is they can now easily make a transaction if there's a problem because they are verified and not tag as bot, spam or having suspicious activities.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
October 22, 2022, 10:10:34 PM
#72
I'd have to disagree with that. 2 or 3 bitcoinbooks have gone under in the last 3 months. After the World Cup ends, a lot more will go under. Here's a list of books that have closed or stiffed players. Some of the closed books did pay all players.

Yes, but being asked for KYC, which is what this thread is about, is no guarantee that you won't be ripped off. With how common it is nowadays, I would even say that it is a strategy to go unnoticed. Casinos are also often accused of scamming because they don't ask for KYC when you lose and they do ask for it when you have won a certain amount, although in this case, it is something that is in the ToS of legitimate casinos, even though some illegitimate ones use it as another strategy to scam you.
legendary
Activity: 3878
Merit: 1061
October 22, 2022, 09:30:50 PM
#71
Why ? Just why ?


We need to change some misconceptions. There are many of us who don't like Totally Crypto Casino sites and we don't like their rules.But those of us involved with these cryptocaseinosides have never been cheated by caseinsites.Never seen them cheat. I heard in a news the other day that a Nigerian man won $51,000 dollars a few days ago.But this person took his money well and they were not defrauded.So really we have to avoid all the misconceptions that we are immersed in.We should always think positively.

I'd have to disagree with that. 2 or 3 bitcoinbooks have gone under in the last 3 months. After the World Cup ends, a lot more will go under. Here's a list of books that have closed or stiffed players. Some of the closed books did pay all players.

"F" rated books or out of business
1x2coinsportsbook (2018)
1xbit.com (2016)
Ball2Win
Betja (2021)
Betbit
BetCas
betking.io sportsbook closed Nov. 2018.
Betlake.com
betmatch.io closed 2018.
Betraft.com
Betroar.io (2020)
BetVIP
Bitbook
Bitbm
Bitcoinsport
Bitcoinlivebets
Bitcoinrush.io
Bitgame.online (2017)
bitsport.bet
Blockbet
BTCBonusBook (2015).
Casinoco (2015).
Coinbet
Coindrafts (2014)
Cryptobet.com (2020)
Dimecrypto.eu
DirectBet
Ghostbook (TOR)
Gobetgo (2013)
Jetwin.ps
Kawbet.com (2020)
Malubit (2019)
Match365
Pitibet.io D (2020)
Powerbet (2016)
Sportbet.im
StakeBTC
Webetcoins
webet7.com
sr. member
Activity: 994
Merit: 441
October 22, 2022, 09:15:28 PM
#70
Why ? Just why ?


We need to change some misconceptions. There are many of us who don't like Totally Crypto Casino sites and we don't like their rules.But those of us involved with these cryptocaseinosides have never been cheated by caseinsites.Never seen them cheat. I heard in a news the other day that a Nigerian man won $51,000 dollars a few days ago.But this person took his money well and they were not defrauded.So really we have to avoid all the misconceptions that we are immersed in.We should always think positively.
legendary
Activity: 3878
Merit: 1061
October 22, 2022, 08:44:54 PM
#69
Maverick Games  - Isle of Man, mandatory KYC

Nitrobetting - Cost Rica - No KYC unless using a VPN

Some others in Costa Rica, not all trustworthy

Over 10,000 fiat and bitcoin casinos are in Curacao. Not all are trustworthy. None of them completely follow the rules but they follow some of the rules to differing degrees. Most of the time KYC is asked as a way of not paying.

legendary
Activity: 3878
Merit: 1061
October 22, 2022, 08:25:29 PM
#68
I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.

Nitrobetting
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
October 22, 2022, 06:49:00 PM
#67
I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance
By "compliance" do you mean being licensed? If yes then I have to disagree with you. There are many licensed casinos which turned out to be scams and, at the same time, there are many trusted services which do not have a license. Having a license has its benefits but it has nothing to do with reputation and it doesn't guarantee you won't get scammed, imo.
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