why kyc?

[sana54210]

There are different opinions on this so play where you feel better and it suits you more.

Exactly, if you are not comfortable then go somewhere else. There are casinos as mentioned by the OP that doesn't require KYC/AML. I personally, don't like submitting personal data myself so I stick to the casino, that I'm been playing that doesn't 'force' me to do verification.

Yes. There’s nothing to argue about here.  I think we all have different ways we view this KYC requirements. There are those who have issues with gambling on sites that request for KYC.

I personally hold nothing against a site that request for kyc, as a matter of fact, I have been gambling on a kyc demanding site for a longtime now and its okay for me, every company have the right to introduce what will make their system safe. As for those who have reasons not to gamble on a site that demands for kyc, there are others they can also gamble on and as well enjoy their game.

[Micerker]

Some websites require users to complete KYC when making large withdrawals because some players may cheat to win. Some people use the platform to launder money and make them legal, so KYC requests required on these platforms. I think these platforms all have reasons and require you to implement KYC.

[kaya11]

Some websites require users to complete KYC when making large withdrawals because some players may cheat to win. Some people use the platform to launder money and make them legal, so KYC requests required on these platforms. I think these platforms all have reasons and require you to implement KYC.

But some guy is also saying that if they can do it why can't we? If the saying of "Customers Always Right" is what we implement, we should have known from the start that if we get to win Big we should do KYC. Even though I did not experience winning big but the fact that this concerns most of the gamblers out there is disturbing. It should be clarified, transparency is a must or else someone might lose their customers.

[Oceat]

Some websites require users to complete KYC when making large withdrawals because some players may cheat to win. Some people use the platform to launder money and make them legal, so KYC requests required on these platforms. I think these platforms all have reasons and require you to implement KYC.

But some guy is also saying that if they can do it why can't we? If the saying of "Customers Always Right" is what we implement, we should have known from the start that if we get to win Big we should do KYC. Even though I did not experience winning big but the fact that this concerns most of the gamblers out there is disturbing. It should be clarified, transparency is a must or else someone might lose their customers.

Gamblers have the right to choose a casino that they like since some casinos do not require KYC. Casinos are aware of that but can't do anything about it since most of these casinos that do require KYC are from a country where they need to follow the law or else their business won't be out in the first place. But as you can see most reputable gambling sites still have a lot of customers.

[noormcs5]

Some websites require users to complete KYC when making large withdrawals because some players may cheat to win. Some people use the platform to launder money and make them legal, so KYC requests required on these platforms. I think these platforms all have reasons and require you to implement KYC.

I think no one can cheat the gambling system and if anyone has won big, it is only because of his luck and maybe some skills too. So there is no point in stopping the big payments and asking for KYC. If you mean to say that someone may hack the system, then he will hack the money too without KYC.

[Ellen Adarna]

In my own personal opinion, online gambling sites or bitcoin casino requires KYC because to lower the risk of money laundering and protects the casinos from fraudulent players, that is why KYC is important to them. Honestly i am one of those players who hates and skips KYC because it is a waste of time for me to fill up the form of KYC and i am afraid to share my identity or information to them that they may use it to illegal activities like scam or fraud, but i still fill up the KYC for me to get all of my winnings. Anyways, I am playing in bitcoin casino that has a lot of casino games that you could enjoy like poker, baccarat, blackjack, roulette, and slots. They also offer great bonuses for new players that you can get 225% on deposits and get up to 1,000 mBTC.