Zero KYC tolerance gambling platforms - page 4.

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Quote from: danadc on November 18, 2022, 04:16:29 PM

I am seeing the KYC option as an option that is not serious or bad for us as users, well maybe for users who are Whales, maybe if they feel some fear of leaving their data on the web or even within a platform , because their greatest fear is that they can leak that data and it comes to them to steal it,

Because you don't get the point why KYC is so dangerous in other way around, and how serious identity theft is. Imagine getting calls from some random company or guy trying to talk to me about crypto is too weird for me on phone calls ^{(that's my experience, because of ledger hack recently)}

It doesn't need to be a whale or not, an exposed personal info could lead you in danger, inconvenience and many more.

Quote from: danadc on November 18, 2022, 04:16:29 PM

but at the same time the benefits of KYC help a lot when the account can be hacked, through KYC it can also be recovered. Before, I gave a lot of importance to anonymity, now I don't care, anonymity is already being removed opco by opco, in all the platforms that I have entered, in most of them 98% always look for KYC.

KYC doesn't work like that. Even a hacked account can be recovered via email only or mobile number only. KYC isn't a thing before, but there's already hacking yet account recovery is possible.

I'm not against KYC because i've submitted my info too on my local exchange for crypto to fiat transaction. But people need to be responsible of their own personal data, that don't just give it just because you dont care anonymity or most casino platform or exchange require it. Exercise your due diligence at least on what platform you should give your info.

erep

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Quote from: Finestream on November 18, 2022, 01:46:55 PM

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

We have to check the detailed reputation of each platform to apply for KYC, because not every platform is eligible to provide KYC except for legitimate gambling sites but you must avoid gambling on new platforms to prevent unwanted things because many problems on new gambling sites but not all gambling sites new has a bad reputation.

Slow death

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Quote from: safari88 on November 17, 2022, 02:45:08 PM

You only see gambling sites without KYC on a platform when you are playing with crypto. And even then you have no certainty whether you can continue to play anonymously. Especially nowadays many sites are a big fan of the implementation of the KYC system. An easy way to slow down certain processes. What is also very irritating is that many sites indicate that they do not use KYC and then start talking about the KYC after a larger profit. And gambling sites happily all get away with that.

you described what has been happening on your subscription website, they wait for the person to make the deposit, then they wait for the person to play and after the person plays and wins and when it comes to withdrawing they block the player's account and send an email saying that the player cheated and that the casino was closing the player's account and terminating any collaboration with the player, honestly this is something cruel and not even asking a member of the forum to verify what they found they don't ask because they always claim that the casino respects privacy of people, all lie

Quote from: stomachgrowls on November 18, 2022, 02:47:17 PM

Quote from: Finestream on November 18, 2022, 01:46:55 PM

Quote from: Z390 on October 18, 2022, 02:53:10 AM

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

As regulations becomes more strict then i do agree that sooner or later which these gambling online casinos will really be imposing kyc compliant which means that it would sooner or later be mandatory

for whose who do tend to play out on a certain site even if these platforms are crypto based.As long they are licensed or regulation then pretty much sure that they would really be ending up on that path.

When it comes to security then no doubt that kyc does have that edge specially on times of verification but there are really just some people who are really that mindful
about their identity or do really loves on being anonymous.

I believe that the core problem is not because people love to be anonymous, and the problem comes from the fact that casino owners are anonymous and casinos are also anonymous so who guarantees that the person's document will be safe and not sold on the black market? no one can give that guarantee and that makes people afraid, something quite understandable. I don't understand how governments put this KYC measure on the customer's side and not on the casino owner's side

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Quote from: Finestream on November 18, 2022, 01:46:55 PM

Quote from: Z390 on October 18, 2022, 02:53:10 AM

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

I am seeing the KYC option as an option that is not serious or bad for us as users, well maybe for users who are Whales, maybe if they feel some fear of leaving their data on the web or even within a platform , because their greatest fear is that they can leak that data and it comes to them to steal it, but at the same time the benefits of KYC help a lot when the account can be hacked, through KYC it can also be recovered. Before, I gave a lot of importance to anonymity, now I don't care, anonymity is already being removed opco by opco, in all the platforms that I have entered, in most of them 98% always look for KYC.

stomachgrowls

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Quote from: Finestream on November 18, 2022, 01:46:55 PM

Quote from: Z390 on October 18, 2022, 02:53:10 AM

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

As regulations becomes more strict then i do agree that sooner or later which these gambling online casinos will really be imposing kyc compliant which means that it would sooner or later be mandatory

for whose who do tend to play out on a certain site even if these platforms are crypto based.As long they are licensed or regulation then pretty much sure that they would really be ending up on that path.

When it comes to security then no doubt that kyc does have that edge specially on times of verification but there are really just some people who are really that mindful
about their identity or do really loves on being anonymous.

Finestream

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Quote from: Z390 on October 18, 2022, 02:53:10 AM

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

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Quote from: CryptoHeadlineNews on November 17, 2022, 06:59:31 PM

Quote from: safari88 on November 17, 2022, 02:45:08 PM

You only see gambling sites without KYC on a platform when you are playing with crypto. And even then you have no certainty whether you can continue to play anonymously. Especially nowadays many sites are a big fan of the implementation of the KYC system. An easy way to slow down certain processes. What is also very irritating is that many sites indicate that they do not use KYC and then start talking about the KYC after a larger profit. And gambling sites happily all get away with that.

Yes. You are totally right on is very statement If yours, as it has now become like a new strategy to delay payment of huge profit of most new casinos now our days, knowing the fact that not everybody loves to share is very important. But in most cases, all these are always started in the casino's "terms & condition", of which most people always neglect reading it, which is why for read to create an account on any new casino, always ensure you DYOR

Both of you made a very valid point most especially when it comes to casino that does not require KYC from the start but have it written in its terms and conditions that KYC may be required at any point in time. What I always understand is that, if I read through the T&C of some casinos and see these kinds of rules that state that KYC can be demanded in the course of my game session, I will just make up my mind if I want to give out my information or not. At some point, we as a player that want to go online should make one choice. Either to maintain privacy or give up our privacy by giving out data that allow third party to get access to our data and information.

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Tu Certik conducted research on the provision of fake KYC services and discovered the existence of an entire industry of KYC scams ~ 20 underground marketplaces (mainly telegram and discord) where you can use the services of "KYC actors", the price for passing verification starts from $8 for the simplest procedure and averages from $20 to $30. https://www.certik.com/resources/blog/pw0wcH6To6Jq78aJwJKng-unveiling-the-kyc-actor-industry

https://twitter.com/CertiK/status/1593359851928911873

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Quote from: BobK71 on November 17, 2022, 09:50:29 AM

I am not in favor of KYC in crypto casinos. Because people now want to hide themselves and conduct gambling. There are many gamblers who are gambling occasionally and many of them will not be encouraged to do KYC. I think KYC should be maintained for those willing to conduct gambling with large amounts. For those who conduct gambling activities with small amount of assets KYC system is not suitable for them. One thing is important that if there is any government restrictions regarding KYC then gambling must be followed according to the government rules and regulations.

Submitting a KYC doesn't automatically mean that other players will now see your full name, your address and other details but they are still hidden at least on many crypto casinos and owner itself won't reveal it to others. Don't worry they won't screw you because they know that their players will leave when they do that. I think a crypto casino doesn't also like the idea of KYC because they are dealing with crypto but they don't have a choice but to follow what is ordered by them and this can also make their business more legal.

You can just read the TOS before you gamble to see if what are their conditions for KYC as not all are the same. There are some that don't mandate it and only require it once you exceed with your gambling limits or if they think you are suspicious while some are mandatory at the beginning.

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Quote from: Slow death on November 17, 2022, 09:13:02 AM

Quote from: ethereumhunter on November 16, 2022, 11:49:43 PM

Actually I also don't like KYC in casinos because I think I only play gambling for fun and even then, I don't do it every day so I think KYC in casinos is unnecessary. But maybe that doesn't apply to casino that have many gamblers because we have often seen many people who use a lot of money to gamble and can be said to gamble almost daily. This is what makes casinos try to implement casinos in their places of business to find out who they are.

As crypto users who want to remain hidden behind the scenes, we can't do anything because the government tries to control all businesses, especially the gambling business, because it is a billion dollar business. And I feel that it will be mandatory for all gamblers to comply with KYC procedures in the future when the government really takes this regulation seriously.

if there weren't those damned thieves and money launderers it wouldn't be necessary to do KYC, but unfortunately due to money laundering casinos are forced to do KYC, the only thing I complain about is that casino owners are anonymous but customers can't being anonymous, that's what I don't think is fair, because it puts people's documents in danger, but I don't understand those who made these KYC laws how the hell didn't they think it's wrong that casino owners are anonymous but customers are not anonymous

You are absolutely right. Casino owners can remain anonymous while users are required to do KYC and it's not fair but that's the business of gambling. Or maybe the casino owner has also done KYC at the regulator and only the regulator knows who owns the casino. And we really can't do anything about it and even if we use crypto for gambling, it won't matter in the future because, after all, we will still be asked to do KYC. This KYC issue will continue and all businesses that use crypto are still required to carry out KYC.

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Quote from: safari88 on November 17, 2022, 02:45:08 PM

You only see gambling sites without KYC on a platform when you are playing with crypto. And even then you have no certainty whether you can continue to play anonymously. Especially nowadays many sites are a big fan of the implementation of the KYC system. An easy way to slow down certain processes. What is also very irritating is that many sites indicate that they do not use KYC and then start talking about the KYC after a larger profit. And gambling sites happily all get away with that.

Yes. You are totally right on is very statement of yours, as it has now become like a new strategy to delay payment of huge profit on most new casinos this days, knowing the fact that not everybody loves to share their details. But in most cases, all these are always started in the casino's "terms & condition", of which most people always neglect reading it, which is why before you create an account on any new casino, always ensure you DYOR

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Quote from: DoublerHunter on November 15, 2022, 04:06:07 PM

Quote from: yayayo on November 15, 2022, 03:11:26 PM

Most casinos and or/bookmakers advertise that no KYS takes place. Unfortunately, we cannot take those promises for granted. What we see more and more often is that no KYC is requested for low amounts, but as soon as more money is won, the problems start. There are sites that perform a KYC when a player has registered, which is most fair, but I understand that you can lose a lot of potential customers with that. And there are also players who do not want to participate in a KYC procedure at all.

ya.ya.yo!

^KYC procedure versus a non-reputable gambling casino, I still prefer the KYC casino, it feels safe for me with the KYC casino because I know KYC casino has jurisdictions to follow based on their licensing. I don't think that there is lose a lot of potentials, one of my examples is Roobet which from zero KYC until now required KYC procedures they have still many gamblers to play. So I think that does not matter to them the most important is the reputation of the casino not the KYC procedure.

I will also prefer to do a KYC and not play at a casino that is not asking for KYC but its reputation is doubtful. For me money is more important than hiding the identity. That's our personal point of view however i know a few gamblers who do not want to do the KYC no matter what.

Those people want to hide their identity and they would even risk playing at an unreputed casino to avoid the KYC. There can be a number of reasons for hiding identity, one commonly to not reveal their identity and another one to not trust these gambling sites which may misuse the KYC data.

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You only see gambling sites without KYC on a platform when you are playing with crypto. And even then you have no certainty whether you can continue to play anonymously. Especially nowadays many sites are a big fan of the implementation of the KYC system. An easy way to slow down certain processes. What is also very irritating is that many sites indicate that they do not use KYC and then start talking about the KYC after a larger profit. And gambling sites happily all get away with that.

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Quote from: BobK71 on November 17, 2022, 09:50:29 AM

I am not in favor of KYC in crypto casinos. Because people now want to hide themselves and conduct gambling. There are many gamblers who are gambling occasionally and many of them will not be encouraged to do KYC. I think KYC should be maintained for those willing to conduct gambling with large amounts. For those who conduct gambling activities with small amount of assets KYC system is not suitable for them. One thing is important that if there is any government restrictions regarding KYC then gambling must be followed according to the government rules and regulations.

In today's era, you need KYC verification everywhere. Just as no centralized exchange allows you to trade without KYC verification. In the same way, a casino that has taken a license from any country will not allow you to gamble. It doesn't matter how much money you want to gamble with, they just want to know who is behind that account and as always the same excuse money laundering.
What we can do is, do KYC verification only on few trusted websites and not everywhere. so that your data is limited to only few companies.

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Quote from: LUCKMCFLY on November 16, 2022, 12:28:26 AM

and if a way to recover your account and funds is through has already done his KYC verification, the platform is forced to help that client who is totally legal with them, with a person who is totally anonymous, it is very difficult because the way to prove what is or is not is very difficult, with the documents is something else, it could be said that you can have a more preferential treatment and with more benefits, and it is not that people with KYC are more than the others, only that it is a way to make it easier.

I will like to assume that KYC should be required only on account recovery purpose, take a look at the forum for instance, you will be required to input a username, email and create your password in which the email will only be verified if there's a need for account verification during lost of login details or hack related issues, the casinos can also make use of this or something close to, they will definitely safe the user's privacy when they only demanded for his email address and of which he should have the password and phone number used in creating the email address before using it.

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Quote from: bitpotter on November 17, 2022, 10:23:56 AM

Agree with your opinion, as I am a small gambler, maybe every week I only bet around $20 to $30, that's a lot to say a big amount. With that money I can usually withdraw up to $50 and that's enough for me. So I really don't like KYC requirements in gambling and I'm more looking for sites that don't require it.

Since you gamble with small amounts, your risk ratio is low, so you can gamble without KYC. And those casinos don't force you to do KYC either. But when you go to gamble with big amounts, you must look for a reputable casino for the security of your funds? And any reputable casino will tell you to do KYC, if you are not using that casino for any illegal purpose then doing KYC is not a big deal. And if you want to be more conservative with KYC, then Decentralized Casino is the right place for you.

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Quote from: bitpotter on November 17, 2022, 10:23:56 AM

Quote from: BobK71 on November 17, 2022, 09:50:29 AM

I am not in favor of KYC in crypto casinos. Because people now want to hide themselves and conduct gambling. There are many gamblers who are gambling occasionally and many of them will not be encouraged to do KYC. I think KYC should be maintained for those willing to conduct gambling with large amounts. For those who conduct gambling activities with small amount of assets KYC system is not suitable for them. One thing is important that if there is any government restrictions regarding KYC then gambling must be followed according to the government rules and regulations.

Agree with your opinion, as I am a small gambler, maybe every week I only bet around $20 to $30, that's a lot to say a big amount. With that money I can usually withdraw up to $50 and that's enough for me. So I really don't like KYC requirements in gambling and I'm more looking for sites that don't require it.

if you don't like the KYC requirements of the casino you can leave it because usually every casino will ask gamblers to complete their KYC documents but you can look for decentralized casinos there may not be many out there right now because decentralized casinos are usually KYC free and it will probably be make gamblers comfortable

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Quote from: BobK71 on November 17, 2022, 09:50:29 AM

I am not in favor of KYC in crypto casinos. Because people now want to hide themselves and conduct gambling. There are many gamblers who are gambling occasionally and many of them will not be encouraged to do KYC. I think KYC should be maintained for those willing to conduct gambling with large amounts. For those who conduct gambling activities with small amount of assets KYC system is not suitable for them. One thing is important that if there is any government restrictions regarding KYC then gambling must be followed according to the government rules and regulations.

Agree with your opinion, as I am a small gambler, maybe every week I only bet around $20 to $30, that's a lot to say a big amount. With that money I can usually withdraw up to $50 and that's enough for me. So I really don't like KYC requirements in gambling and I'm more looking for sites that don't require it.

BobK71

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I am not in favor of KYC in crypto casinos. Because people now want to hide themselves and conduct gambling. There are many gamblers who are gambling occasionally and many of them will not be encouraged to do KYC. I think KYC should be maintained for those willing to conduct gambling with large amounts. For those who conduct gambling activities with small amount of assets KYC system is not suitable for them. One thing is important that if there is any government restrictions regarding KYC then gambling must be followed according to the government rules and regulations.

Slow death

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Quote from: DoublerHunter on November 15, 2022, 04:06:07 PM

Quote from: yayayo on November 15, 2022, 03:11:26 PM

Most casinos and or/bookmakers advertise that no KYS takes place. Unfortunately, we cannot take those promises for granted. What we see more and more often is that no KYC is requested for low amounts, but as soon as more money is won, the problems start. There are sites that perform a KYC when a player has registered, which is most fair, but I understand that you can lose a lot of potential customers with that. And there are also players who do not want to participate in a KYC procedure at all.

ya.ya.yo!

^KYC procedure versus a non-reputable gambling casino, I still prefer the KYC casino, it feels safe for me with the KYC casino because I know KYC casino has jurisdictions to follow based on their licensing. I don't think that there is lose a lot of potentials, one of my examples is Roobet which from zero KYC until now required KYC procedures they have still many gamblers to play. So I think that does not matter to them the most important is the reputation of the casino not the KYC procedure.

the problem is that people don't know who owns the casinos, people don't know how their documents will be kept, so how will people be calm when they do KYC? how do you stay calm when you do KYC in a new casino, that you don't know who the owners are and where the company's headquarters are? And if they take your documents and sell them to some high-risk criminal (I'm talking about those sick criminals who kill without mercy, cut people's organs, commit atrocities), the police won't even want to know your story when they arrest you, they'll think that it was you who committed the crime and it may take years to prove your innocence

Quote from: ethereumhunter on November 16, 2022, 11:49:43 PM

Actually I also don't like KYC in casinos because I think I only play gambling for fun and even then, I don't do it every day so I think KYC in casinos is unnecessary. But maybe that doesn't apply to casino that have many gamblers because we have often seen many people who use a lot of money to gamble and can be said to gamble almost daily. This is what makes casinos try to implement casinos in their places of business to find out who they are.

As crypto users who want to remain hidden behind the scenes, we can't do anything because the government tries to control all businesses, especially the gambling business, because it is a billion dollar business. And I feel that it will be mandatory for all gamblers to comply with KYC procedures in the future when the government really takes this regulation seriously.

if there weren't those damned thieves and money launderers it wouldn't be necessary to do KYC, but unfortunately due to money laundering casinos are forced to do KYC, the only thing I complain about is that casino owners are anonymous but customers can't being anonymous, that's what I don't think is fair, because it puts people's documents in danger, but I don't understand those who made these KYC laws how the hell didn't they think it's wrong that casino owners are anonymous but customers are not anonymous

Topic: Zero KYC tolerance gambling platforms - page 4. (Read 4795 times)