If you were given a choice, would you play regularly in a cryptocurrency casino WITH KYC, and with added benefits like first deposit/welcome bonuses and cashbacks?
Or would you like to play regularly in a casino, WITHOUT KYC, BUT also without the welcome bonuses, cashbacks and other extra rewards?
I’m slowly getting OK withe the KYC thing since until now, I’m still safe from any hackers and scammers so I think its ok for me to play with those casinos who are asking for a KYC, though of course it must be a good casinos before I try playing and giving out my personal information. Many still prefer a KYC free casinos, and many are still with this and of course promotions are part of the casinos already so with KYC or none at all, I believe promotions will still be there. Even myself wont really be seeing any problems with KYC since im not really hiding something but what matter me the most is to those informations to be leaked out on the internet on which you cant really be sure on where those informations would really be floating around which is really something a very risky thing for you as a user and this is where most people do really care off or really mind off. You cant really be sure if the platform would be trusted with those information or not but if you are a person who dont really care out about these probabilities then you wouldnt really be that much affected. Player lists with all information given is stolen from all books because the information is valuable. Most of the time it's stolen and sold to other gambling sites. It makes it easy on them to target potential customers and saves on costs of mass marketing to the general public. If you give credit card information and passport, drivers license or social security number, then there's a definite risk of your information being used for fraud. Casinos in Costa Rica are the safest to keep your information private. After that it would be Curacao. |
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As long as you use the same IP, casinos shouldn't ask for anything. KuCoin is a great exchange because of their KYC policy. Casinos should be similar.
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I think there are more countries other than what's listed such as France that Sportsbet restricts. If you use a VPN, then you may be asked for information after winning. I'm not trying to pick on Sportsbet, just replying to AbuBhakar. 3.3. You are aware that the right to access and use the website and any products there offered, may be considered illegal in certain countries. We are not able to verify the legality of service in each and every jurisdiction, consequently, you are responsible in determining whether your accessing and using our website is compliant with the applicable laws in your country and you warrant to us that gambling is not illegal in the territory where you reside. For various legal or commercial reasons, we do not permit accounts to be opened or used by customers resident in certain jurisdictions, including the United States of America (and her dependencies, military bases and territories), Australia, United Kingdom, Estonia, Germany, Netherlands or other restricted jurisdictions ("Restricted Jurisdiction") as communicated by us from time to time. By using the Website you confirm you are not a resident in a Restricted Jurisdiction. Iv'e been betting with them for about 2 months and had profit of 3000$+
Then after my balance was empty i deposited about 1300$ and then they didn't allow me to bet or withdraw.
After contacting them they first asked me to do KYC, then they accused me for multiaccounting, and today they accuse me for "being part of a betting syndicate" 🤦♂️
this is ridiculous, i could understand the multiaccounting accusation, since i'm using a popular VPN that could have made them to think that multiple users sign from the same ip, but a betting syndicate?!
I follow a tipster that that has hundreds of followers and most of its tips are being used by many users in a manner that the odds drop dramatically short time after he post them, so i guess there are multiple users that make the same bets, but i don't believe it's a reason to label me as a member of a betting syndicate.
Their support refuses to return my money for 2 weeks already.
What can i do? https://bitcointalk.org/index.php?topic=5280174.0This is the case I've talked about earlier. KYC'd account was used as a hub for the local gangs where betting was outlaws. Hence they have to buy an already KYC'd and use VPN to mask it. A good reason why many bet sites also have the max payout for winning since they want to make sure an account can't become the main hub. If the local gangs want to expand, they will have multi account since the payout restricted. More chance for bet sites to cross reference data from those accounts to conduct an investigation, deen if the using VPN is legit or fishy. The reason doesn't matter since it's happened so many times. Sportsbet will always take your deposit. If you win, they may do KYC and confiscate your money. |
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I think there are more countries other than what's listed such as France that Sportsbet restricts. If you use a VPN, then you may be asked for information after winning. I'm not trying to pick on Sportsbet, just replying to AbuBhakar. 3.3. You are aware that the right to access and use the website and any products there offered, may be considered illegal in certain countries. We are not able to verify the legality of service in each and every jurisdiction, consequently, you are responsible in determining whether your accessing and using our website is compliant with the applicable laws in your country and you warrant to us that gambling is not illegal in the territory where you reside. For various legal or commercial reasons, we do not permit accounts to be opened or used by customers resident in certain jurisdictions, including the United States of America (and her dependencies, military bases and territories), Australia, United Kingdom, Estonia, Germany, Netherlands or other restricted jurisdictions ("Restricted Jurisdiction") as communicated by us from time to time. By using the Website you confirm you are not a resident in a Restricted Jurisdiction. Iv'e been betting with them for about 2 months and had profit of 3000$+
Then after my balance was empty i deposited about 1300$ and then they didn't allow me to bet or withdraw.
After contacting them they first asked me to do KYC, then they accused me for multiaccounting, and today they accuse me for "being part of a betting syndicate" 🤦♂️
this is ridiculous, i could understand the multiaccounting accusation, since i'm using a popular VPN that could have made them to think that multiple users sign from the same ip, but a betting syndicate?!
I follow a tipster that that has hundreds of followers and most of its tips are being used by many users in a manner that the odds drop dramatically short time after he post them, so i guess there are multiple users that make the same bets, but i don't believe it's a reason to label me as a member of a betting syndicate.
Their support refuses to return my money for 2 weeks already.
What can i do? https://bitcointalk.org/index.php?topic=5280174.0 |
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Sportsbet.io I have tried on three occasions to bet using a VPN because my ISP during the International last yr kinda sucks. Well my account is still intact, although at the time it wasn't clear whether my country isn't serviced by the casino or not. No written terms on my country, I just gambled on my gamble and said 'fuck it' anyway. I'm not comfortable doing it because I may have broken some terms without me knowing but yeah, 1 year in and nothing happened so far.
They will accept deposits but if you win enough, then they will do KYC. |
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We can have both no KYC and big bonuses at some casinos. If I could only pick one, then it's no KYC.
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I use VPN freely from my location and have not hard any problems with that, but i have not deposited more than €1,000 before so I may not know if I will be restricted to a certain small amount since am using VPN and their laws guiding the use of VPN on some sites.
They allow you to deposit. The problems occur withdrawing. |
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You shouldn't play at a casino where you need a VPN to get in. The casino will take your deposits but when it comes time to withdraw, they may confiscate your funds. I've seen it where they have allowed a few withdrawals and then request KYC for a big withdrawal. Then you could lose deposit and winnings or just winnings.
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I believe that the reasons for KYC is not only to determine the country one is playing from. Whether it is restricted or not. Some people access these casinos through vpn or Tor browser. But if you use this method and win big, and by mistake some of these casinos understand that your country is restricted, they will capitalization there and deny you payment.
Another reason for KYC might be to regulate multiple account opening as opposed to the rule of casino . So any company that doesn't apply kyc may find it difficult to regulate some certain conditions. Yet some say they use kyc to determine the age of the gamblers. All things together, yet there are companies that doesn't apply kyc.
These are very good points. Don't use a VPN and make withdrawals from the same IP that you use to deposit and make most of your wagers. Some casinos will never bother you if done this way. Others will hit you with KYC sooner or later no matter what you do. |
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When casinos pay out jackpots or huge prizes, arent they obliged to give such information to tax authorities? Sure they need to point such winning in their own declaration, otherwise they would have to pay huge income tax. Without information about the winner, the chain of information wont be full. That is why, if you aim to get rich via gambling, get ready to lose anonymity. Or risk gambling in partly white, partly shady casinos.
I don't know what you mean by huge but I think there should be a limit for non-kyc accounts instead of asking for papers that you will submit and still reject it, so that you wouldn't be able to withdraw the winnings, using exchanges for example that doesn't require KYC usually limit withdrawal limit of 100 BTC within 24hours and after that, you have another reset time to redraw more continuously. If exchanges can do that, why wouldn't casinos do the same or is it because gambling is subjected to luck and excess winnings? exchanges have turned ordinary $100 to thousands and don't request for additional documents when customers feel to withdraw their money. I am not 100% sure, but difference between gambling and exchanges lies in licenses. From bookkeeping position, any huge amount can not be put in "other short term liabilities" or into similar "other assets". Any auditor will ask for a detailed decoding of that, detailed info of creditors. They cant put just "user12345" or "Cookdata" there. I know that casinos use KYC to put on pause withdrawal or even to cheat a gambler. Passing KYC there is stupid. But passing KYC in a reputed casino is something that looks ok to me, but I will try to avoid doing that at any cost. When you buy groceries at a grocery store, the store has to pay taxes. You don't have to give them your personal information although many want that information. Even if a book is reputable, if they have a lot of players, that player list will be sold because it's worth a lot of money. |
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Thanks for the replies guys,so about stake or any other casino that has those kind of "kyc triggers" is there a specif value that make them ask for kyc ? above $10k or something like that ?
It's different at each casino but the guide in post #7 shows how likely you are to get KYC. |
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Your personal information is at risk at big reputable casinos because the database is worth a lot of money and is sold. It's best to play at casinos without KYC.
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Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?
ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz
KYC is done only when your activity in the site triggers the safety system of the site. This might happen when you win big or by any means you try to cheat the site. KYC is also asked only by licensed casino, so it’s 100% safe to share your details with them, as there is no chance that they gonna leak your documents to anyone. Moreover at the current situation, each and every reputable casinos are asking for KYC one you reach there minimum threshold to withdraw the money. If someone is claiming that they do not require KYC, then it only proves that the site isn’t trusted enough. Rest is up to you OP. KYC information is leaked all the time. Employees illegally sell databases. They are very valuable. If you get contacted by a gambling site that you never played at, someone sold your information. |
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One reason for Nitrobetting and Betcoin being ranked so high is that they don't do KYC unless you use a VPN.
but their ToS says otherwise. betcoin.ag mentioned that they have the right to ask for KYC, but they never mention(or I might have missed it) anything about they'll only ask you for KYC if you use VPN. as for nitrobetting.eu, they simply said that they have the right to ask for KYC from any players. 2.6 The Company reserves the right to ask for the proof of age, location and identity from the player and limit access to the website or suspend the player’s account to those players who fail to meet this requirement. IDENTIFY VERIFICATION
Nitrobetting reserves the right to request valid proof of identification from any player. They all have it in their TOS but some rarely use it. Both Betcoin and Nitrobetting have been around since 2013 and seem to only ask when someone is using a VPN. Most likely to prevent a person from using multiple accounts to collect bonuses. |
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All of these books will limit. Every bitcoin book.
"A" rated books
nitrobetting.eu A+ (2013 Nitrogensports)
betcoin.ag A+ (2013)
playbetr.com A- (2019)
"B"rated books
mBet.io B (2017) Horse racing..
stake.com B- (2019) sportsbook, (2014) casino.
"C" rated books
fortunejack.com C+ (2019) sportsbook, (2014) casino.
anonibet.com C (2011)
sportsbet.io C (2016)
cloudbet.com C- (2013)
Bitsler.com C- (2015)
maverickgames.com C- (2020)
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Personally, I'm banned at some books, limited at some books and lose to some books. It has to do with the type of wagering, not just amount won. You can look at google to research but there's only a handful of books that don't limit or ban players. It happens in Europe, Asia, US, Costa Rica, Curacao and everywhere else that sportsbooks are taking wagers. It doesn't matter how reputable or big. They all limit or ban.
It's good to have the testimony of a professional bettor because if you read you will think all crypto bookies are safe and none of them ban or limit winning sport bettors I don't agree with OP, there are handful of bookies that allow winners. Pinnacle welcome winners and big rollers can use Betfair to take advantage of low commissions. Betfair and Pinnacle has limits, unless your limits are over mentioned levels, I doubt they will ban user who place bets without breaking TOS. They would never ban winners unless they are cheating, but sportsbooks could really limit if the users keep winning, that way they'll be able to continue their profitable business, and these 2 sportsbooks you've mentioned are popular and big sportsbooks so for sure they have big limits, however, I'm not sure if they are accepting crypto yet. Exchanges, Pinnacle, Topsport, Bookmaker and that's all as far as I know that don't limit. I've been banned or severely limited at books without cheating. I'm also losing to some books. Some books give me different lines after being up. |
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If you make the same plays as winning tipsters (handicappers) such as Right Angle Sports and place a bet before the line moves, you will be banned or limited.
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Personally, I'm banned at some books, limited at some books and lose to some books. It has to do with the type of wagering, not just amount won. You can look at google to research but there's only a handful of books that don't limit or ban players. It happens in Europe, Asia, US, Costa Rica, Curacao and everywhere else that sportsbooks are taking wagers. It doesn't matter how reputable or big. They all limit or ban.
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