Which casino would you trust more: one that requires KYC or one that doesn't? - page 5.

stomachgrowls

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Quote from: freedomgo on June 14, 2024, 05:23:39 AM

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC ^{(Know Your Customer)} since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

As much as possible, i would really be that preferring into those non KYC platforms or casinos on which we do have still a lot nowadays but still not compromising about its reputation and popularity.
We do know that people do really look for something which is licensed and which is really that popular on which it would really be just that a common approach to have because it would really be just that common sense
that sticking into those best platforms will really be that making you at least that be confident that you are dealing with the right place and unlikely be able to face up some issues.
Nowadays, we do have some known platforms that asking out KYc before you could really be able to withdraw. Therefore, if you have that trust up that much with that platform then you could
always have the choice whether you would really be that confident or not on the said platform. So it would really be still up into your own choice.

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Quote from: lovesmayfamilis on June 14, 2024, 09:11:47 AM

It’s amazing how people are ready to show their identity to the casino without thinking at all that further actions with their documents on the Internet are unknown. This just goes to show that everyone has a price, and people are willing to do a lot to get money. We use Bitcoin, and we welcome its decentralization, but when the issue concerns money, then, of course, documents are provided without question.

Let it not amaze you that if you run a survey of the people that make use of bitcoin, only a few people are truly making use of it because of its decentralised nature; they buy and transact with it still because of the money that could be made from it, and nothing else. If not, how do you define someone who claims to be a bitcoin maximalist to be storing their bitcoin on a centralised exchange where they submit KYC without even giving it a second thought?

Ultegra134

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To be honest, I don't recall having encountered a casino that didn't ask for KYC at some point, and I mean a full-scale casino, not some crash game like Bustabit. In an ideal world, avoiding submitting your personal details to some random online casino on the other side of the world doesn't sound too bad; some would prefer it for obvious reasons, of course, myself included, for the very same reasons we're deterring users to avoid a centralized exchange. However, casinos are required by law to ask for KYC; thus, one that wouldn't ask would be breaking the law and may potentially use rigged games as well. I may be wrong, but that's how I see things.

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Quote from: freedomgo on June 14, 2024, 05:23:39 AM

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

The issue is, can this no KYC casino hold on to what they are promising once the regulators come into play and notice their presence and what they are offering they will be a target of investigation in case money launderers and scammers use their platform.

And how they will address cheating of multi-accounting. They cannot just restrict a player without asking for verification. Sooner or later, these no-KYC casinos will yield to demand or have to break their own rules because there will be circumstances in which they must ask for KYC.

Moreno233

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KYC have become part of the measure of reputation of casinos, even those base exclusively on cryptocurrency even though Bitcoin was created for some level of privacy. The major casinos I know require KYC to effectively use all their products services, this means they believe it is a way of protecting both the customers and complying with regulators to fight money laundering and other global bad practices. With the ongoing fight against privacy, the authorities might wake one day and decide to fight those casinos for not enforcing KYC so to avoid being a victim of this, I rather go with casinos that enforces KYC.

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Quote from: freedomgo on June 14, 2024, 05:23:39 AM

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC ^{(Know Your Customer)} since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

For me, I don't think choosing a casino between one that requires kyc and one that doesn't really matter that much, but what really matters to me is the over all reputation of the casino, be it a kyc complaint casino or one that is not kyc complaint.

Kyc is just a nautral thing or feature which I believe that on a normal day, if casinos that require kyc and ones that don't require kyc were to be of the same level in their overall reputation, the majority (if not 100 percent) of gamblers will choose to play on the casino that doesn't require kyc, and the reason for this is very simple and obvious, gamblers hate kyc, it is sometimes risky, all time stressful and most of the time very frustrating, most especially when one doesn't have the document that the casino is requesting for; to enable them verify the user.

So, to me, it's all about reputation, I really don't have any problem going through kyc verification if the casino is highly reputable, and I also will love to find and play on a highly reputable casino that is kyc free.

South Park

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Quote from: freedomgo on June 14, 2024, 05:23:39 AM

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC ^{(Know Your Customer)} since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

How trusted a casino is has nothing to do with those policies, however as time passes it is less likely to find casinos that can actually fulfill their promise of not asking that information out of their customers, as in many cases those casinos are lying and they will require that you identify yourself if you get a big win, or they will prefer to change their policies and comply with the government if enough pressure comes their way, so if I am forced to pick a side I will pick KYC casinos over the their non-KYC equivalents, as at least they are being open about their policies.

Odohu

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For a casino to request for KYC, it means they are operating under the laws of a known jurisdiction and this brings some form of legitimacy to their business. Consequently, I will always choose casinos that request for KYC over those that don't. This does not mean there are no reputable casino that do not make KYC compulsory neither does it mean that asking for KYC means that a casino is legit. Some of the casinos that ended up failing and stealing people's money do request for KYC yet they still do the unthinkable. Nevertheless, I will still choose to play in casinos that request for KYC.

Zanab247

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I prefer KYC in a casino, because it will help you to take a good advantage of your local casinos which is very easy to win and your money will be deliver to you according to their rules and regulations that governed the casino.

But if casino is illegal in that country, it can make some local casino to change their service sometimes to make the gamblers to miss their money and they will be afraid to arrest the owner of the casino, because if they report such case to police station, they will surely receive their own punishment for disobeying the law of the land.

But no matter the risk that involved in the KYC casino and non casino, I guess KYC casino will reduce your spending when you have the knowledge of casino, and you will like to gamble what you can afford to lose.

Plaguedeath

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Quote from: mindrust on June 14, 2024, 09:23:10 AM

You can’t even find a non-KYC anymore so it is not a realistic question.

There's ✅ [UFC Stream] AnonBet.net - No-KYC Slots & Sports Betting with Bitcoin ✅, but they have bad reputation. Cheesy

Quote from: Natalim on June 14, 2024, 09:07:29 AM

We don't gamble in a casino that we don't trust because this KYC requirement will get our personal information and documents as a proof. So if this casino aside from being regulated is reputable as well, they can ensure that they'll take care of our information and keep it confidential as mandated by the rules of their regulators.

If we like to gamble in a non-kyc casino, then we should go directly to a decentralized casino, although they are not so popular compared to the centralized, but there are numberes of dex casinos here that exist and continues to serve gamblers, at least we know from day 1 that they'll never demand KYC.

Why you can be so sure that the KYC casino will take care your information and where's the rules that the regulators ask the casino to keep the user's information as safe as possible? you can't just make your own assumption.

If the regulators that regulating the casino are real, any scam casinos like 1xbit already got caught, but the reality the site is still exist and keep operating.

bangjoe

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Quote from: bettercrypto on June 14, 2024, 10:20:19 AM

Quote from: freedomgo on June 14, 2024, 05:23:39 AM

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC ^{(Know Your Customer)} since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

For me, there is no problem if a casino has KYC requirements as long as it is a reputed gambling platform. I don't think it's a big deal to me. Especially if I'm also enjoying the casino
platform I'm playing on, which has all the games I want to bet on.

Also, usually the casino games I play are regulated gambling platforms, and in that case, I expected that they really have a KYC that is required once you enter or play for the first time
on the casino platform.

Usually, casinos that have guaranteed popularity will always maintain the image of the casino to conduct fair regulations and are ready to serve us well as consumers, I also don't care whether the casino has a KYC arrangement or not, the important thing is that the conditions we have to want to play at the casino are fulfilled like you want a lot of games that you want to play there, that's how I can also believe.

After all, in the past before gambling had to set KYC we still played and even though the implementation of the arrangement became a little scared because of data leaks or sales, but a casino that has a high reputation will rethink it if it does that to its members and becomes a bad name.

Mia Chloe

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The fact is that a majority of casinos do require KYC especially when it comes to local casinos. Some local casinos at first may not require KYC. However their terms and conditions actually make it compulsory in the . nearest future. Some will even require you do a great deal of KYC when you win very huge funds in order for you to be able to cash out. I believe the idea of non KYC casinos came along side the use of using crypto currencies to place bets. This is because if you observe you will notice that a very huge percentage of fiat casinos make use of KYC registration as mandatory during registrations.

On the other hand, most crypto casinos have the non KYC feature which makes a lot of people who don't share their KYC details feel more relaxed gambling with them. However there comes the fear of them of them shutting down all of a sudden.

bettercrypto

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Quote from: freedomgo on June 14, 2024, 05:23:39 AM

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC ^{(Know Your Customer)} since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

For me, there is no problem if a casino has KYC requirements as long as it is a reputed gambling platform. I don't think it's a big deal to me. Especially if I'm also enjoying the casino
platform I'm playing on, which has all the games I want to bet on.

Also, usually the casino games I play are regulated gambling platforms, and in that case, I expected that they really have a KYC that is required once you enter or play for the first time
on the casino platform.

khiholangkang

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Quote from: freedomgo on June 14, 2024, 05:23:39 AM

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC ^{(Know Your Customer)} since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

Talking about doubts cannot be separated from me personally how to choose a casino whether it is regulated or not, however, do not fully trust them, we must give ourselves room for distrust so that we remain careful in any casino whether it has implemented KYC or not, because both also have the potential to abandon their users.

But if choosing the better of the two for me personally choose a verified casino that is responsible and pays also has a high reputation I think like that is much better than those who change their rules a lot, like in their advertisements they say Non KYC but in fact they do the same thing too.

Rruchi man

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Providing your details now for registration in a casino is something most gamblers are used to already. The warning is just to be careful not to submit your documents to too many casinos that you cannot keep track off.

Quote from: moneystery on June 14, 2024, 09:35:22 AM

whether the casino imposes kyc or not on users, i think it's not that important, the most important thing is the reputation of the casino, whether they are credible and trusted by many users, that's the most important thing.

In this period where it is almost regular for every casino to demand KYC as mandated, I am not sure I will be very comfortable gambling in a casino that acts as though they are not interested in KYC. It is a serious requirement these days, as it is compliance with AML regulations. Any casino not complying may face sanctions, or possible closure of their business.

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Quote from: mindrust on June 14, 2024, 09:23:10 AM

You can’t even find a non-KYC anymore so it is not a realistic question. If alI had a choice, I would definitely prefer a non-KYC casino. It is because many casinos use KYC as a weapon and when they start investigating your account they never tell you what it is about.

You can only find non KYC casino on real decentralized casino that doesn’t have 3rd party games but centralized casino it’s really very hard to spot one because even crashino that doesn’t have a license that promise no KYC before now improved to have a license and probably asked for KYC.

Quote

As long as the reputation of the casino is fine, you probably won’t have a problem with either of them but non-KYC is definitely a good feature to have.

Correct, Having KYC or non is not the right basis for trust. Reputation is still the most solid criteria on trusting a casino.

CryptoHeadlineNews

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Quote from: freedomgo on June 14, 2024, 05:23:39 AM

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

Trust is far beyond either a casino requesting for KYC or not, because no doubt, there have been issues about people losing money both on casinos which requested for KYC and those which didn't. Hence, my ideology about trust must be a casino which have been able to stand the test of time, and yet still remains transparent in all it's activities, without a trace of scam or series of accusations. However, those who wish to maintain privacy while gambling are those to love using "No KYC" casinos, of which a typical gambling whose main aim is about making money, won't mind, inasmuch as he is able to double his stake.

moneystery

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whether the casino imposes kyc or not on users, i think it's not that important, the most important thing is the reputation of the casino, whether they are credible and trusted by many users, that's the most important thing. many casinos impose kyc, but in the end users have difficulty withdrawing their money or the games they provide have many problems. and conversely there are casinos that do not impose kyc, but they have a reputation and users can easily withdraw from their accounts. so it all comes back to the reputation of the casino platform.

Woodie

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The fact that most casino's & sportsbook started off without KYC when cryptocurrencies were still a grey area should tell you the source of this whole KYC Shabang!!
But when you talk about trust, KYC alone can't determine if a casino is to be trusted...things such as paying out winners need to be considered, general reputation around the forums will need to be considered and how long they have been in business otherwise KYC alone isn't a major factor!

Quote from: mindrust on June 14, 2024, 09:23:10 AM

You can’t even find a non-KYC anymore so it is not a realistic question.

Very true especially that fiat has been integrated into their platforms to allow players to fund their accounts with either crypto or fiat.

mindrust

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You can’t even find a non-KYC anymore so it is not a realistic question. If alI had a choice, I would definitely prefer a non-KYC casino. It is because many casinos use KYC as a weapon and when they start investigating your account they never tell you what it is about.

As long as the reputation of the casino is fine, you probably won’t have a problem with either of them but non-KYC is definitely a good feature to have.

Topic: Which casino would you trust more: one that requires KYC or one that doesn't? - page 5. (Read 850 times)