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Topic: Why do you want to play on casinos without KYC requirements? - page 6. (Read 778 times)

hero member
Activity: 3010
Merit: 629
Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?
Simple reason is because I want to play anonymously. It's all about privacy that the platform is not holding any of my private information because it can leak anytime if there's a data breach. The security of data is often a concern.

That's why if possible, I want to play without undergoing identity verification. However, we know nowadays, many casinos are implementing this for the reasons you have stated (to prevent fraud, age verification etc.) and it's a reality that we need to accept if we want to gamble in legitimate casinos since they're just doing it for legal compliance.
sr. member
Activity: 2226
Merit: 347
I was thinking about this question over the weekend and I cannot seem to find legitimate reasons why people would want to play at casinos that do not require KYC verification.

1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.  

Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?

Ps. I am playing Devil's advocate... if you did not notice it.  Grin
the discussion about KYC will actually be eternal, everyone will have the right arguments to support their opinion about KYC.  In my view, KYC is personal, whatever reasons you use to avoid or support KYC are all correct.  on the one side, i support KYC because i don't want minors gambling, they don't have time to know about it yet, but on the other side i reject KYC because it relates to a person's privacy and personal data which of course is vulnerable to misuse or abuse / bought and sold.  Now it's up to you how you look at KCY!!
Yes, it would really be that a never ending kind of discussion or something that would really be in talks knowing that there are people who are really just that fine with those KYC set ups and there are those people who are really that allergy into it on which means that you would really be having that kind approach and dealing with it basing on what you are currently facing. Somewhat if we do speak about crypto people then it would really be just that so normal that they would really be always preferring into things which are KYC-less but since that government doesnt really like on being getting behind specially into those businesses that involves or integrating crypto then this is why they would really be imposing those rules and laws on which these places or businesses wont really be having no choice but to comply if they do still that their business would really be continuing on running but somewhat if we do try to look around on which on the time that do make use of some services in crypto field, most of them arent needing to have that KYC on point
but rather they would really be asking something on the time that you do hit up that particular threshold. Lets just wish that they wont really be asking immediate KYc on the time
that you do make that registration because it do really sucks up on that way.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
1. KYC requirements reduce money laundering.

Why should I care? I don't use fiat money, I don't launder anything. Why should I be punished for someone else's actions

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2. KYC requirements reduce under age gambling.
Porn sites and sites that sell alcohol ask people about their age on entry. Why is it sufficient when ti comes to these sites, but not casinos?
There's such a drive towards equality, but no equality there.

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3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)

Isn't blocking the account and blocking withdrawals enough of a punishment?

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4. KYC requirement reduce scamming
Casinos have enough staff and redundancies to stop people from scamming them. When there was no KYC requirement for bitcoin casinos years back they were doing just fine.

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5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
We're talking about "requirements." What if I want to take the risk and simply not hold any money there? I guess I'm not allowed, because it's not a risk reduction method.
legendary
Activity: 3178
Merit: 1054

privacy concern individuals are the first to have suggested not to submit those IDs actually and then we learn it's important to hide our data.
until then if there is still an option where users are not forced to send documents and IDs to the casino, they will take that option. 

not withdrawing funds that are more than the threshold for KYC mandatory i think is one of the options they are taking. seem to have taken more risk but if that's the way they like it then be as what they want it to be. the funny part is that when it is airdropped that asks for KYC documents, they are sending those documents for an uncertain amount.
full member
Activity: 1148
Merit: 151
Hire Bitcointalk Camp. Manager @ r7promotions.com
I was thinking about this question over the weekend and I cannot seem to find legitimate reasons why people would want to play at casinos that do not require KYC verification.

1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.  

Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?

Ps. I am playing Devil's advocate... if you did not notice it.  Grin
the discussion about KYC will actually be eternal, everyone will have the right arguments to support their opinion about KYC.  In my view, KYC is personal, whatever reasons you use to avoid or support KYC are all correct.  on the one side, i support KYC because i don't want minors gambling, they don't have time to know about it yet, but on the other side i reject KYC because it relates to a person's privacy and personal data which of course is vulnerable to misuse or abuse / bought and sold.  Now it's up to you how you look at KCY!!
full member
Activity: 462
Merit: 117
I was going through OP list  and I must say that most of what OP wrote are alright to work with. Casinos and exchange do not on their own request for KYC but I believe the laws holding their presence wherever they find themselves is, because the government is involved in issuing the licence and this they have to do to keep track of activities of their nationals and other foreigners in their nation.so as to checkmate their financial flows.

Although KYC is not bad but with the increasing breach of privacy with peoples details leaked and accounts hacked, there have been this mistrust and uproars in various sectors cutting across all boards. So therefore it is pertinent that these reasons would alone make people not want to always go through a KYC process and I don't see that as an  issue. If there are any, other means of skipping KYC, I think a million and one gamblers would prefer it.
sr. member
Activity: 476
Merit: 337
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
How is that possible Roll Eyes? It is not true because it is not possible. No amount of KYC can reduce gambling addictions. Just imagine if a casino stops an addicted gambler from betting because he or she is addicted. Do you know that there are other casinos that the addicted gambler can bet on? Every casino is looking for a way more gamblers will come and if the previous casino doesn't allow the addicted gamblers to stake, the gamblers will go to another casino to gamble even more than the previous time he is she has gambled and on this process the first casino that the addicted gambler was betting have lost that client (I have to call it client).
So, as every casino is looking for more money and more customers (clients), they will never stop any gambler that is gambling with them as long as the gambler is paying to gamble, do bro, a KYC verification can not reduce gambling addictions.
full member
Activity: 1050
Merit: 149
Hire Bitcointalk Camp. Manager @ r7promotions.com
I guess op expected this KYC backlash(Devil's advocate) which is why I don't understand the point of this thread. Most crypto investors will always avoid KYC regardless of how the crypto world changes with time.

If anything, this thread highlights the fact that we need more unregulated and popular no-KYC crypto gambling sites.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
There are some people who oppose and do not support KYC, because they think that their personal data is privacy that they must protect. However, when a gambling platform appears that does not use KYC, this makes them wonder again, whether the casino they are in is really safe to visit.

At this time, gambling is very popular and there are many services/platforms that provide gambling sites, which if we count, the count is probably infinite because there are so many gambling sites currently circulating. And in general, to be able to visit the official casino platform, it is necessary to fill in personal data or KYC. However, this does not mean that gambling platforms without KYC are not official, because there are several official gambling platforms that do not require KYC to enter, such as TG Casino.

And whether or not there is KYC on a gambling platform, the most important thing for us to do is to always make sure first whether the gambling platform we are going to visit is truly safe and responsible. This needs to be done before we decide to start gambling.

maybe in the early days of crypto gambling, kyc was not yet a thing. however, as this business is evolving and is going to the mainstream, they need to  acquire their license to increase their credibility in the community. most gambling sites before didnt require kyc because they were also nonlicensed sites. but with the rise of fraudulent activities, this business found one way to add credibility in their turf and that is to get their license from known authorities. and with such license comes with the AML/KYC regulations. there's nothing wrong to play in nonkyc casinos, however, they are thought to be at higher risk as compared to licensed ones.
legendary
Activity: 1022
Merit: 1341
Personal Security means a lot to everyone. keeping your privacy from the internet is one of the most important thing you have to know because you will not know who will use your documents to do something that is not good and you were caught of what you did not do and persecuted. Op you have some misconception on the list. I don't think casino has anything to do with money laundry, KYC has not really deal with the under gambling, I have seen them many in my area.  In what way does KYC deal with scamming? Scamming is very far from gambling. Scamming will not use KYC to scam casino but false information. And gambling addiction is not from double account in one casino but continues gambling in every day. Regional restriction is a decision of the casino management and not from the KYC.
hero member
Activity: 1694
Merit: 691
Vave.com - Crypto Casino
There are some people who oppose and do not support KYC, because they think that their personal data is privacy that they must protect. However, when a gambling platform appears that does not use KYC, this makes them wonder again, whether the casino they are in is really safe to visit.

At this time, gambling is very popular and there are many services/platforms that provide gambling sites, which if we count, the count is probably infinite because there are so many gambling sites currently circulating. And in general, to be able to visit the official casino platform, it is necessary to fill in personal data or KYC. However, this does not mean that gambling platforms without KYC are not official, because there are several official gambling platforms that do not require KYC to enter, such as TG Casino.

And whether or not there is KYC on a gambling platform, the most important thing for us to do is to always make sure first whether the gambling platform we are going to visit is truly safe and responsible. This needs to be done before we decide to start gambling.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
-snip-
8. KYC requirements can be used to enforce regional gambling restrictions.  
Here's my reasoning, I never fund a casino account except with crypto. I think I have found the right space where crypto offers one the freedom to gamble across borders while it is not available in one's own country.

-snip-
Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?
- Regulations in my country are too complicated.
- I don't want to be associated with gambling with a real identity for several reasons.
sr. member
Activity: 518
Merit: 268
I live in a country where gambling and casinos are banned so I personally cannot support KYC. There are many illegal casinos and gambling sites in my country where I can get into legal trouble if I do KYC verification with my personal document while playing casino. So I have no choice but to be cautious and I am forced to skip KYC for my personal security.
That will be a problem if you are a player with a large amount of money. If you play at a casino that requires KYC verification, it will be bad for you in the future. Maybe you can still play, but there may be problems when withdrawing.
If you play at a casino that doesn't ask for KYC, that means you also have to be careful regarding the casino license and your funding, which I think should never play with large amounts.
some people want to protect their privacy, but others have no problem providing KYC documents for convenience when playing at the casino.
Yes it will cause problems for me later because if I want to withdraw any big amount then of course I need KYC but as per the conditions of my country if I give my personal document then government may get orant order in my name and I may face jail fine. If I have an account on the platform without KYC, then if I want to withdraw a large amount, I will have nothing to do if my account is frozen. So platforms with KYC are much safer and risk free than platforms without KYC.
hero member
Activity: 2114
Merit: 603
I am choosing based on authenticity of casino. I am playing on both products that's is CEX and DEX. As long as I am satisfied about the casino and it's legality I am all ok to do my KYC. If I'm having slightest doubt about it then I would choose my privacy over money. Moreover, I am not playing on multiple casinos these days. I have fixed 3 casinos on which I'm playing since few years and I have full KYC done on them. However, I am afraid to submit it on new casinos because it's always trust issue.

By the time you feel that one of the new casinos are doing great you suddenly hear about their scam reports, long threads of scam accusations. 

So even if I do KYC and the casino itself turn out to be scammer then what use would it do to me? I might be able to file a case or something against them but what after that?
hero member
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
There is no need to have that many reasons why we don't want to gamble in casinos that require us to KYC. We just don't feel that we need to submit KYC just because we want to gamble. And if a casino that we like does that, we have a lot of options in doing so. We can stop using them or be obliged to get on them and continue to gamble with them.

I know that OP is sarcastic here and the majority of us don't like to be subjected to KYC. And it's all about the government trying to do all of those reasonings and if you think that you're okay with that, no one's gonna stop you. But if you feel that your privacy is invaded through that then try to find a casino that won't require you that much.

Also, when a casino is hacked, expect that all of the data has been taken by the hackers including those that have passed on the KYC.
hero member
Activity: 2268
Merit: 789
Generally, casinos who do not offer any KYC restrictions are the ones who are relatively generous when it comes to their rewards and bonuses. Given the leniency that they provide, there is somehow a drawback with this kind of setup. Potentially, your winnings are at risk especially if a casino does not offer any KYC and they are relatively new on the industry.

With that being said, that is the reason on why I prefer to gamble on websites that offer KYC. This is somehow of an implication that they do indeed value the safety and security of their customers since they have the paramount duty of safekeeping such information.

Lastly, I do think that most casinos are slowly integrating KYC to their system due to stringent regulations on some countries. So if you plan on registering on a gambling website that offers KYC, make sure that you do it on a well-reputable and known platform.
legendary
Activity: 3248
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Playbet.io - Crypto Casino and Sportsbook
We are well aware of the risks associated with playing at a non-KYC casino, but we are willing to accept those risks in order to enjoy full privacy and anonymity. It's similar to using a bitcoin mixer, we understand its association with money laundering and other illegal activities, yet we still use it for the purpose of gaining anonymity. After all, crypto is supposed to provide us with anonymity, and we are simply trying to achieve that goal.

There’s already non-KYC casino that is complete decentralized. It doesn’t need you create an account and you can play by just interacting to smart contracts. The only danger is if you didn’t know how to read code but most of this casino is open source and has a smart contract audit that is equivalent on having license to check their code.

They are just offering simple games that’s why they are not popular and also they don’t of VIP rewards like the casino with KYC offers. People is just not contented on what’s available but they really have a choice to play without KYC but still safe.

But are these games really popular? I don't think so. Sports betting still dominates the gambling scene with the largest audience. The only notable distinction in fiat casinos is the KYC  factor, which isn't always required in some crypto casinos. Despite the risk of potential scams and the uncertainty of retrieving our money, many choose reputable casinos from the outset. This confidence in the casino's reputation helps mitigate the associated risks, making the overall risk level lower.
hero member
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Because for some people, gambling is to get entertainment and not use a lot of money. They think if they just want to have fun gambling, they don't need to do KYC.

But we know that KYC helps casinos to overcome the problem of illegal activities carried out in casinos. It makes casinos try to enforce KYC in their casinos and even that is done by shady casinos too. The difference is that shady casinos will not want to give away gamblers' winnings but will still enforce KYC.

But that is up to each gambler. If they are willing to do KYC at their favorite casino, they don't have any problems, especially for those who use a lot of money. But for those who enjoy gambling, they feel no need to do KYC. But they may do KYC if necessary.
hero member
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Top Crypto Casino


Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos.

Ps. I am playing Devil's Advocate... if you did not notice it.  Grin

I'm not against KYC I just don't want them asking for KYC huge winning and accusing the users of cheating when he's not cheating, there's been a lot of cases like that one casino that is very notorious for asking KYC for huge winning then accuse the players of cheating is 1xbit, they steal your information then they steal your, KYC is good to protect the platform from scammers and cheaters and launderers but not using it as a way to scam people, we have to stop playing on casinos that uses the KYC to abuse their users.
The only time a legitimate casino will ask you for KYC is when you want to withdraw any amount above $5000, so I think that amount is already a huge amount and you will be asked for KYC just like it is stated in the terms and conditions of the site,  and it should not be a new thing for the player when he is asked for KYC at some point in the cause of playing.

And another reason could be due to suspicious activities from that account at some point in time,  and if as a gambler,  you supply the right information,  the KYC should go through,  anything outside that will be a be it uneasy delay should be a direct attack on the gamblers right,  because I don't see any reason why a reputable casino will not approve the KYC of it client if supply the right information and documentsts.
legendary
Activity: 2128
Merit: 1775
Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?
For me personally, KYC measures are not efficient in maintaining security for users, especially those involved in online gambling, there is a definite reason why for me casinos that implement KYC are not comfortable for me.

Reason:
1. Generally casinos operating in the area where I live are illegal.
2. There are several cases that I have seen user identities published in the media, when the casino had problems with the law.
3. Because casinos are illegal, of course I like playing illegally.

And there are other reasons why KYC does not respond positively to me in gambling, essentially: online casinos can close at any time, without a clear legal frequency, So our identity could be misused by irresponsible individuals, for that reason I avoid casinos that implement KYC.
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