Is buying KYC accounts really worse than not gambling at all?

[Reatim]

With so many restrictions now, some players are turning to ready-made KYC accounts being sold on social media just to get around the blocks and keep playing. On the surface, it sounds shady, but then again, what’s the alternative? For a lot of gamblers in restricted regions, it’s either that or don’t play at all.

Definitely choose the latter option of not playing rather than risking the entire funds in your account.

Be reminded that majority of gambling casinos have stipulations on their ToS against purchasing ready-made KYC accounts due to security purposes. If they discover that you indeed purchased such account, then all of your funds will be confiscated without any recourse due to this violation.

Now let me ask you- which is more worth it?

• Not playing at all on that gambling website; or
• Purchasing a ready-made KYC account with that risk of losing all of your funds?

it would suck but if there are any other casinos you can use or play at then it would be wiser to go for that instead of trying other casinos from different places and risk not being able to withdraw any of your money if you really want to risk that just make sure you don’t store too much money there haha

[rdbase]

Purchasing any sort of account when it comes to crypto casinos are not recommended under any circumstance because these casinos usually have their own KYC compliancy division to check on those accounts that have passed KYC prior. And if things don't add up, they have every right to terminate this bought account without any notice.
Even having logged in from a different IP address than what the account was using when they registered with would trigger a red flag on their systems and then they will probably begin asking the owner for their KYC documents once again to see if it matches what they have on file when they created the account.
It would just be a world of headaches in doing this just so to get some extra bonuses or a higher VIP ranking so to gain some extra status is really not worth the risk.

[Wakate]

What is the need for KYC account if it's not for fraud or to bypass document verification by casinos which can be required if the casino noticed some unusual pattern of gambling from the player. Casinos know what they are doing and understand that people always like to buy VIP accounts which is highly prohibited by casinos and the law. Anybody that don't want to submit their information for KYC on a casino should better look for any other casino to use that will not ask them for KYC verification.

[LUCKMCFLY]

It's just like making us a hassle, besides that I also don't understand those who sell personal data whether they are not aware of the risks they will have later because after all, when referring to the words you gave, we should prefer to protect our personal data properly but casually there are many people who even sell personal data for not much money. For me, something like this is ridiculous.

You're right. I have a personal point to make I'm not one to go looking for trouble for nothing. If I'm playing at a casino , it's because I'm using my own account What should I do and complete the KYC? Yes, there's no other option. But resorting to sold accounts will never be well-received or safe. It's like spending money that will never be returned or recovered.

[GeorgeJohn]

If people are buying a kyc account to participate in gambling, for me it is very risky for someone to purchase a kyc account to participate in gambling, there is something that I want to know, for those of people who purchase the kyc account will they be given all the documents but the rightful owner of the account use to verify the account

Because I know quite well that even though you bought a verified account to gamble there is amount of money that you win in that particular gambling and the platform will request or demand for a selfie capture to ensure that you are the rightful owner of the account and to that moment you need to verify the account with your face or the second time in order to to claim the rightful owner of it will be given to you after you have done it.. so my question is that how is the person going to do since it's not the rightful owner of the account if a platform of a gamble in demand for such.

[Powerjumboo]

With so many restrictions now, some players are turning to ready-made KYC accounts being sold on social media just to get around the blocks and keep playing. On the surface, it sounds shady, but then again, what’s the alternative? For a lot of gamblers in restricted regions, it’s either that or don’t play at all.

If you think about it, casinos are already forcing stricter KYC, regulators are cutting off payment channels, and VPNs are everywhere.

So maybe it’s not surprising that people see buying a KYC account as the “lesser evil” compared to being shut out completely.

So I’m curious...

Is it really that bad if someone uses a sold KYC account just to gamble, especially if they’re not doing anything illegal with the funds?
Do you see this trend as dangerous, or just the natural result of over-restrictive rules?

I think buying a KYC-complete casino platform and gambling there is very risky because when someone buys a KYC-complete casino platform for gambling and if he deposits money there for gambling and later due to some problem he is instructed to re-submit KYC, then that person will not find any way to submit his KYC documents because he purchased an account from there and is not known there and does not know any person, then he will have to face a lot of danger and the casino platform will seize all his money. Therefore, in order to avoid this dangerous situation, one should completely refrain from buying a KYC-complete account and should create an account on his own and gamble there, especially if gambling is done with a small amount of money, in that case, KYC will not be asked for in the first place on any platform, but whenever gambling is done with a large amount of money and large amounts of money are transacted, KYC may be required as needed.

[Fivestar4everMVP]

What is the need for KYC account if it's not for fraud or to bypass document verification by casinos which can be required if the casino noticed some unusual pattern of gambling from the player. Casinos know what they are doing and understand that people always like to buy VIP accounts which is highly prohibited by casinos and the law. Anybody that don't want to submit their information for KYC on a casino should better look for any other casino to use that will not ask them for KYC verification.

I may not completely understand what you mean but then, let me point out that casinos themself don't sell kyc verified accounts, it is individual gamblers like me and you that choose to trade kyc verified accounts, and this is actually a dangerous business or trade because either the buyer of the account or seller or both of them could get in serious trouble if the account is used for illegal or shady stuffs like laundering of money and stuffs..

The buyer of the account could be in trouble the previous owner used the account for illegal stuff, or if the account was verified with fake documents and along the line, the casino requires a fresh verification.
The seller of the account could also get in trouble if he used his original documents for verification and the buyer uses the account for illegal activities.
Or both can get in trouble if the account is used for any crime and both the new and old owners gets arrested.

[Wakate]

The buyer of the account could be in trouble the previous owner used the account for illegal stuff, or if the account was verified with fake documents and along the line, the casino requires a fresh verification.
The seller of the account could also get in trouble if he used his original documents for verification and the buyer uses the account for illegal activities.
Or both can get in trouble if the account is used for any crime and both the new and old owners gets arrested.

The most feared aspect is when the account was verified with a false document, this could make the casino lock the account if the current user that bought the account can not longer provide information about the verification aspect. It is very wrong to buy an account especially when it's a casino one with past activities. Many casinos can be very strict about this when they noticed that a player activities looks suspicious and not the regular games the user has been playing.

[Satofan44]

I may not completely understand what you mean but then, let me point out that casinos themself don't sell kyc verified accounts, it is individual gamblers like me and you that choose to trade kyc verified accounts, and this is actually a dangerous business or trade because either the buyer of the account or seller or both of them could get in serious trouble if the account is used for illegal or shady stuffs like laundering of money and stuffs..

The seller is not going to get into any serious trouble for this. You need to compare this to real world items. Do you get in trouble if the next owner of whatever it is that you sold does something with the item that you sold? There are even cases where the handover of the item is done before the complete legal transition of the ownership is complete depending on where you live. So if someone kills intentionally someone with a car that is under my name, do I go to prison for murder? Of course not.

The buyer of the account could be in trouble the previous owner used the account for illegal stuff, or if the account was verified with fake documents and along the line, the casino requires a fresh verification.

Yes.

The seller of the account could also get in trouble if he used his original documents for verification and the buyer uses the account for illegal activities.
Or both can get in trouble if the account is used for any crime and both the new and old owners gets arrested.

No. The worst thing that could happen to you is that you get convinced for some degree of fraud. Nothing else besides that is going to happen. As I believed I have mentioned before in this thread, the people who are commenting here absolutely have zero knowledge about the KYC market. It is a huge market, the supply is tremendous and it is pushing the prices of things down. If people were regularly going to prison for selling their KYC then the supply would diminish and the prices would go up. That's not the current state of things.

It is very wrong to buy an account especially when it's a casino one with past activities.

This is a sad joke. The existence of KYC laws is what is "very wrong". The trading of KYC accounts and services is a response to an useless and totalitarian law that does not do anything at all against crime.

[WhoYouCantKill]

It is absolutely risky and not a thing to be taken lightly. Purchasing or making use of a KYC account is not only bending the rules, it's identity fraud, and including the buyer and seller can encounter major trouble when caught. Even though the only aim of the person is to gamble, there is still the usage of another person's personal data, and is generally seen as crossing legal and ethical lines. I would say that it is a risky trend born as a result of frustration with more strict regulations, yet it isn't a safe or even workaround.

[₿itcoin]

What is the need for KYC account if it's not for fraud or to bypass document verification by casinos which can be required if the casino noticed some unusual pattern of gambling from the player. Casinos know what they are doing and understand that people always like to buy VIP accounts which is highly prohibited by casinos and the law. Anybody that don't want to submit their information for KYC on a casino should better look for any other casino to use that will not ask them for KYC verification.

To be honest, buying a KYC account is nothing but a fool's errand. It's not just questionable, it's downright risky. You're completely trusting a stranger with your money, login, and personal information who could rip you off at any time.

If a casino requires KYC, and you're reluctant to provide it, then instead of breaking the rules, it's better to find another platform that doesn't require KYC. You'll find many decentralized or Bitcoin-only casinos that don't require any personal information. Ignoring KYC can lead to losing your money or getting caught. The whole point of Bitcoin isn't to break any rules, but to have freedom and privacy, and it's good to use this power wisely and with a cool head.

[Dr.Bitcoin_Strange]

What is the need for KYC account if it's not for fraud or to bypass document verification by casinos which can be required if the casino noticed some unusual pattern of gambling from the player. Casinos know what they are doing and understand that people always like to buy VIP accounts which is highly prohibited by casinos and the law. Anybody that don't want to submit their information for KYC on a casino should better look for any other casino to use that will not ask them for KYC verification.

You are right, some people buy KYC account to bypass submitting their documents while some persons too are living in a country where that particular casino is banned, so they can not use their personal information which contains detail of their country to pass the KYC, that's why they buy already verified account and then use VPN to gamble on the site. Either ways, the risk of using KYC account that was not registered by the gambler is very high, if the account is restricted, the person can not claim ownership.

[Oneandpure]

You are right, some people buy KYC account to bypass submitting their documents while some persons too are living in a country where that particular casino is banned, so they can not use their personal information which contains detail of their country to pass the KYC, that's why they buy already verified account and then use VPN to gamble on the site. Either ways, the risk of using KYC account that was not registered by the gambler is very high, if the account is restricted, the person can not claim ownership.

Actually can't be blamed if some one have to buy KYC account for verifying document at gambling platform regarding their country restrict and not allowing for verifying based on their country document. I see many casino gambling restrict user from any countries and they can't verifying document ID maybe have regulation between casino gambling and the government. But you have to be careful with the risks in the future for user buy KYC to verify casino gambling account, nowadays many people after selling KYC try hack back their KYC account just contact costumer service and telling about their account was hacked.

Casino gambling will return back account if can re submit KYC based on the same document, difficult nowadays to find most trusted user although you buy KYC with most expensive price but think again what happen in the future if that person take back his document verifying with your casino gambling account.

[SatoPrincess]

With so many restrictions now, some players are turning to ready-made KYC accounts being sold on social media just to get around the blocks and keep playing. On the surface, it sounds shady, but then again, what’s the alternative? For a lot of gamblers in restricted regions, it’s either that or don’t play at all.

If you think about it, casinos are already forcing stricter KYC, regulators are cutting off payment channels, and VPNs are everywhere.

So maybe it’s not surprising that people see buying a KYC account as the “lesser evil” compared to being shut out completely.

So I’m curious...

Is it really that bad if someone uses a sold KYC account just to gamble, especially if they’re not doing anything illegal with the funds?
Do you see this trend as dangerous, or just the natural result of over-restrictive rules?

Before you decide on buying KYC accounts, know that you’re putting your funds and potential winnings at risk. I have seen scam accusations started by users who claim that the casinos are withholding their winnings but at the end of the day it’s found that they went against the casino’s Tos by having multiple accounts, bought kyc accounts, or used VPN to access the casino knowing their regions are banned.

[MainIbem]

Before you decide on buying KYC accounts, know that you’re putting your funds and potential winnings at risk. I have seen scam accusations started by users who claim that the casinos are withholding their winnings but at the end of the day it’s found that they went against the casino’s Tos by having multiple accounts, bought kyc accounts, or used VPN to access the casino knowing their regions are banned.

I see it as very dangerous because scammers could take advantage of the trend and sell fake kyc'ed accounts to people so instead of risk being scammed I think it's better i use another casino with no restrictions or use the one that doesn't require kyc, I wonder why some folks would even think of using VPN on a casino that restricts people in their country, what were they expecting the casino to do when they're caught, reward them I guess, it's just so funny.

[Oluwa-btc]

Is it really that bad if someone uses a sold KYC account just to gamble, especially if they’re not doing anything illegal with the funds?
Do you see this trend as dangerous, or just the natural result of over-restrictive rules?

This isn't something to have a second thought of cause initially there are different things to be considered, and firstly I would say your funds ain't safe when you eventually win big, and another thing you should be aware if the accounts has any link with the owner cause you may be hustling hard while another would be eating from it and no one would ever want a waisted efforts.

[ashmodeus]

It is absolutely risky and not a thing to be taken lightly. Purchasing or making use of a KYC account is not only bending the rules, it's identity fraud, and including the buyer and seller can encounter major trouble when caught. Even though the only aim of the person is to gamble, there is still the usage of another person's personal data, and is generally seen as crossing legal and ethical lines. I would say that it is a risky trend born as a result of frustration with more strict regulations, yet it isn't a safe or even workaround.

The most risky consequence of purchasing an account from someone else, especially if the origin is unknown, is the documents used for KYC verification (stolen documents belonging to someone else). If the original owner of the documents finds out, even if you don't, you could face severe penalties. This is the most dangerous consequence of purchasing an account. Therefore, it is highly recommended to avoid using someone else's account for gambling. Even if online gambling is restricted or strictly prohibited in your country, many casinos still don't require KYC verification.

[Wakate]

You are right, some people buy KYC account to bypass submitting their documents while some persons too are living in a country where that particular casino is banned, so they can not use their personal information which contains detail of their country to pass the KYC, that's why they buy already verified account and then use VPN to gamble on the site. Either ways, the risk of using KYC account that was not registered by the gambler is very high, if the account is restricted, the person can not claim ownership.

Anybody living in a country where casino is banned or where gambling is prohibited should look for decentralized or no KYC casinos to use so they will not keep themselves in a situation where they would not able to withdraw their winnings whenever they want to make withdrawals. I know that some people like to gamble but it's better for you to avoid gambling than to buy KYC account that is KYC verified. This can cause harm to us if we buy a bad or fraudulent accounts with scam history.