Topic: Why do you want to play on casinos without KYC requirements? - page 7. (Read 778 times)

Privacy is the reason why I like cryptocurrency casinos, although I have done kyc and even like doing kyc in casinos and trustworthy sites that deal with money, the problem with that from what I see in my opinion is that kyc limits people when there are many of them in a house. Let's imagine for example that a relative of mine comes to live in my house and that relative of mine also wants to buy bitcoin and do day trade on an exchange, but when that relative of mine creates an account on the exchange they discover that on the exchange they ask for KYC and do not ask for documents such as a passport and this relative of mine does not have a passport, so this relative of mine will not do day trade on this exchange

and see that my relative probably wouldn't be thinking about trading with more than $500, that is, he wouldn't take out more than $500 because he doesn't have money that is more than $500, so how the hell can a person who doesn't even If you don't have more than $500, you would be a money launderer? Why don't they set a minimum withdrawal amount and wagering requirements to combat money laundering rather than asking for kyc? and governments are to blame for this situation, they keep forcing casinos to ask for kyc even though they know that kyc puts people in danger, such as cases in which scammers can take someone's identity and commit crimes

and kyc is not a solution for money laundering and is also not a solution for combating gambling addiction. There are better solutions like the one I mentioned. but unfortunately governments seem to not think before deciding something. We just need to ask ourselves who is supervising the websites that take people's documents? What guarantees do people have that their documents are OK? people simply don't have that guarantee

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.

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.

This is the same reason why you don't want to use centralized exchanges when the requirements you provide are the same reason centralized exchanges use KYC. Once you consider that your privacy can be abused when using centralized exchanges or other centralized platforms, the same can happen with casinos that are asking you for KYC. There is no guarantee or evidence that the casino will secure your personal information and privacy any more than other centralized exchanges.

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.

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.

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.

If I may ask you this question, are you aware of the Sweden Bitcoin holders physical attack?  If yes  then I believe you might see some reasons why  people detest KYC as it reveals their identity and their safety not guaranteed. I have not been a lover of KYC because of that. When a third party demanding you to do a KYC for the above items you have listed and yet they can not guarantee your details safety what else can they do? These are the reasons why people do not find it convenient doing.

As for your opinions, I think they are not too feasible because all you have listed can not be prevented by KYC as many hackers and scammers are always ahead of prevention measures by the casinos and lots more. Even money launderers too are very smart to under go KYC without their real identity and most cases they use multiple accounts to do their work and nobody can detect them.

For reference to the Sweden Bitcoin holders attack;

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.binance.com/en-NG/feed/post/1699190&ved=2ahUKEwiUmKb-hMGCAxWST0EAHbMrCuUQFnoECA4QAQ&usg=AOvVaw3geTrTJ30pTX8q5a4DvqQf

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://cointelegraph.com/news/swedish-bitcoiners-targeted-by-armed-criminals&ved=2ahUKEwiUmKb-hMGCAxWST0EAHbMrCuUQFnoECAkQAQ&usg=AOvVaw1XiZhKdKSPCtTWSVNj-2_Z

I don't believe KYC is forced on anybody though. It is just a requirement to go through to register in certain casinos especially CEX. There are rules on that but the unfortunate thing is that most casinos are regulated and regulation come with obligated know your customer (KYC) that is a major reason you see the rule otherwise. But the decentralized casinos are still alleged not to be favourable in the area of its disadvantage to be a den for scammers and your funds can be withdrawn with a blink of an eyelid ones the right parameters for withdrawal is triggered since it runs on smart chain and blockchain, no regulation or restricted or checks may be verified before coins are withdrawn unlike KYC enabled casinos.

Well, except I don't understand you correctly, but if I do, I did say that a gambler have no reason to avoid kyc simply because he is not sure if he is gambling from a region or jurisdiction that is banned by the casino, for if the casino really banned his or her region or jurisdiction, then he or she won't be able to access the casino because, the casino would have blocks every ip address linked to they region or jurisdiction.

Except the gambler can only access the casino through VPN, then the gambler can be rest assured that he or she is playing from a restricted region, and such a gambler must avoid kyc as hard as possible.

You are very correct and I completely agree with you, I had a little touch on this in my last comment, many who avoid kyc do so because they don't trust the casino well enough to securely keep the document in a place where no third party will have access to it.

god knows who are the owners of these shady crypto casinos.. why would anyone want to send them their passport selfie and salary documents?

The main reason?

People wont really be liking for their information to float around on the internet and could really be used on other means as if they are really that kind of special people or having that kind reputation
without even trying out to realize or to look back that they've been long time exposing their information into the government but somewhat i do agree on such point that if you arent that a criminal then why would you would really be that trying to avoid on that?

When crypto casinos had been introduced then it cant really be denied that it did really spark out that kind of interest to those gamblers who dont really want to expose their identity
or simple they do want on being anonymous on which on the time that they would really be playing then there would really be no information that would really be leaking out
about them.

When trading or moving your crypto it makes sense to run after every possible privacy ways and avoid KYC with centralized exchanges all together but what is there to protect when you are into gambling? There is no way a casino will offer you a privacy service in gambling, if you see any it's an illegal casino and they can still rob you one way or the other.

It's a matter of choice if you want to be safe while gambling online, you have to use a regulated casino and been regulated means they have all rights to ask you to pass their verification system, it's just how thing should be, no casino is decentralized, live with it or quit gambling.

KYC doesn't add to any security, it doesn't mean that the platform can't be hacked but they are asking for KYC from their customers as the law and regulator asked and I don't blame them, KYC verification is almost to stop using the casino for any illegal or criminal activities.

In the online world, everyone prefers to be anonymous, due to which the sites without kyc are more exposed.  Submitting your personal documents anywhere creates a panic in itself.  But we are forced to kyc against our will in casino sites, crypto exchanges and other online platforms as kyc is very important to keep our funds safe there.  Otherwise, our account may be restricted or funds frozen at any time for any reason.  To avoid them, we are forced to kyc

Most of the time KYC is to hide identity of the user probably he is from restricted country which gambling is not allowed or else why the heck you will still play on a casino with casino knowing that they will ask you eventually.

My other thought is real privacy concerns which a user is very afraid when their KYC might be leak in the public through exploit. We have different preference in regards to privacy and some people take it seriously especially if you are from the country that needs to be recorded all your tax expenses.

Why do I have the feeling that this question has already been asked 1000 times in the Gambling forum?
There's no guarantee that a KYC casino won't scam the gamblers, by blocking their accounts. KYC is definitely not a "silver bullet", that will solve all problems.
I'm still searching for people, who are totally OK with sharing their sensitive data over the internet(like pictures of their ID cards).
You give your personal info to a private company, that has a gambling license in some obscure offshore jurisdiction(and you don't know anything about that company). What could possibly go wrong?
I'm not advocating for non-KYC casinos. I'm simply waiting for the bright future, when gambling will become 100% decentralized and you won't have to rely on the legitimacy of a third party to keep your gambling money(and your personal info) safe.

I think for a reasonable, responsible and honest player who keeps to the rules of casino would not bother about all those points that you raised because he never tries to beat the house illegimately, so he doesn't concern himself with all those scam and money laundering whatnot. Therefore, he is to play genuinely but only fears his privacy disclosure otherwise whether KYC or not, he should fear nothing and is why he would consider the points above.

I know, but a lot of people think it does, that's why I said, "If you feel". gamblers can do whatever they want, they can either perform the KYC or not, it is up to them.

sadly it seems like it is quite hard(or I completely missed it) to find an actual trusted casino that legitimately would not ask someone for KYC.

I think most people don't want their identity revealed and I don't know the reason they do that, I don't know what makes them not want their identity revealed, whether it's because they want to cheat or launder money, so they refuse to give their identity for reasons of fear of being misused and sold by casino parties and used for criminal acts. even though the KYC system implemented by the casino is to prevent negative things too.

But sometimes people who are not happy with that still play with licensed casinos that implement KYC in the end, they are also worried about playing at decentralized casinos which are sometimes less secure than centralized casinos, that's why I only consider KYC in casinos It's not something you should worry about, if you don't like it, don't gamble, it's an easier decision than complaining about the rules that have been set. 

Use 2FA with the email and no hacker will be able to hack the email. Gambling sites do it in a way it is not that easy to change your email.

KYC do not add to the security. If some gamblers think that it adds to the security, they are not getting it right.

If a no KYC casino is legit, they are worth going for.