Sanitough
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April 02, 2021, 05:02:43 AM |
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As for the KYC part many members are commenting on, this probably is a legal requirement from the providers. Most of the brands I'm seeing like Betsoft and Evolution hold multiple licenses (MGA, UKGC, etc.) that demand they verify players. These are all measures to prevent money laundering and underage gambling they must comply with. So, I'm guessing it wasn't Bitsler's choice.
In fact there are still many crypto casinos that provides the same 3rd party providers but they do not ask their players for KYC just to play the games. Of course there must be a valid reason why Bitsler decide to make KYC is mandatory for their players in order to play those 3rd party games but I can say that it can be a disadvantage because there are still many crypto players who wants to play anonymously. I think I'm still lucky that I can still play without a KYC, I'm enjoying the site as I love sports betting and they have a big market though there are some limits especially in parlay, but overall the site is good. If ever I'll be required with KYC, then I think I will not force, I will go with other sportsbook that does not require any.
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jamyr
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April 02, 2021, 05:25:39 AM |
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In fact there are still many crypto casinos that provides the same 3rd party providers but they do not ask their players for KYC just to play the games. Of course there must be a valid reason why Bitsler decide to make KYC is mandatory for their players in order to play those 3rd party games but I can say that it can be a disadvantage because there are still many crypto players who wants to play anonymously.
This is a guess!Some third-party providers, depending on where they are situated, and the constitution in which they are bounded to comply, which might include having to strictly know who uses their service. (Example: The place where that 3rd party provider is situated have some government policy that will not allow services to be offered to "select-locations", because of whatever special condition yada yada yada.) ~~~ It may look like a hassle and disadvantage but as much as we would like to be out of the grip of govts, for us to do what we want, when we want and how we want. So for players who is okay in doing KYC with Bitsler: aside from the hassle, and having to trust bitsler with some personal information, it would be an advantage if you would like to be sure that the games you played are legal for you, thus you wont be a victim of casinos not giving wins especially "BIG WINS" to players just because they can argue about the legality of playing a certain game. -So imagine you win 100 BTC on a game by 3rd-Party provider, and you find that your winnings are forfeited because you shouldn't be playing that game in the first place. -For me that would be a real disappointment. -Better be safe than sorry.
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JollyGood
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April 02, 2021, 07:48:56 AM Last edit: April 03, 2021, 07:44:32 AM by JollyGood |
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Sending KYC to any casino or exchange has to be a last resort and only because no other options are available. If I were to use a casino I would prefer to play at one that has no KYC requirement rather than play at one where I have to send it. I am sure many feel the same way. In fact there are still many crypto casinos that provides the same 3rd party providers but they do not ask their players for KYC just to play the games. Of course there must be a valid reason why Bitsler decide to make KYC is mandatory for their players in order to play those 3rd party games but I can say that it can be a disadvantage because there are still many crypto players who wants to play anonymously.
This is a guess!Some third-party providers, depending on where they are situated, and the constitution in which they are bounded to comply, which might include having to strictly know who uses their service. (Example: The place where that 3rd party provider is situated have some government policy that will not allow services to be offered to "select-locations", because of whatever special condition yada yada yada.) ~~~ It may look like a hassle and disadvantage but as much as we would like to be out of the grip of govts, for us to do what we want, when we want and how we want. So for players who is okay in doing KYC with Bitsler: aside from the hassle, and having to trust bitsler with some personal information, it would be an advantage if you would like to be sure that the games you played are legal for you, thus you wont be a victim of casinos not giving wins especially "BIG WINS" to players just because they can argue about the legality of playing a certain game. -So imagine you win 100 BTC on a game by 3rd-Party provider, and you find that your winnings are forfeited because you shouldn't be playing that game in the first place. -For me that would be a real disappointment. -Better be safe than sorry.
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tygeade
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April 03, 2021, 09:09:02 AM |
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So for players who is okay in doing KYC with Bitsler: aside from the hassle, and having to trust bitsler with some personal information, it would be an advantage if you would like to be sure that the games you played are legal for you, thus you wont be a victim of casinos not giving wins especially "BIG WINS" to players just because they can argue about the legality of playing a certain game. -So imagine you win 100 BTC on a game by 3rd-Party provider, and you find that your winnings are forfeited because you shouldn't be playing that game in the first place. -For me that would be a real disappointment. -Better be safe than sorry. You know what's the problem with that? The fact is that, bitsler could have faced with a "must" situation if they are asking for it, and that could be true, maybe providers wanted it, maybe something else, maybe government personally sent them a mail, doesn't matter why but they may end up being forced to ask for it. However that doesn't matter to gamblers like me, I do not care what happened to them, I do not care what's the reason for it, the fact is that they are asking for it and there are other places not asking for it, that's good enough reason to not play here and gamble somewhere else. That's the problem bitsler facing right now, no matter how reasonable their reason could be, it's still fact that they are asking for it and other places are not asking for it, and that makes things complicated for them.
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jamyr
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April 03, 2021, 10:17:33 AM |
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So for players who is okay in doing KYC with Bitsler: aside from the hassle, and having to trust bitsler with some personal information, it would be an advantage if you would like to be sure that the games you played are legal for you, thus you wont be a victim of casinos not giving wins especially "BIG WINS" to players just because they can argue about the legality of playing a certain game. -So imagine you win 100 BTC on a game by 3rd-Party provider, and you find that your winnings are forfeited because you shouldn't be playing that game in the first place. -For me that would be a real disappointment. -Better be safe than sorry. You know what's the problem with that? The fact is that, bitsler could have faced with a "must" situation if they are asking for it, and that could be true, maybe providers wanted it, maybe something else, maybe government personally sent them a mail, doesn't matter why but they may end up being forced to ask for it. However that doesn't matter to gamblers like me, I do not care what happened to them, I do not care what's the reason for it, the fact is that they are asking for it and there are other places not asking for it, that's good enough reason to not play here and gamble somewhere else. That's the problem bitsler facing right now, no matter how reasonable their reason could be, it's still fact that they are asking for it and other places are not asking for it, and that makes things complicated for them. Says by somebody wearing a paid ad by a site that also implements KYC.
nobody is forcing anybody to play and the same hoes for the KYC implementation. Do it and you can play more games. Dont do KYC, no problem if you are okay playing with the Bitsler original games and some from 3rd party but not all.
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janggernaut
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April 03, 2021, 02:47:09 PM |
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Mandatory or not, KYC thing actually already old thing on gambling site. As long as you didn't broke any rules (i.e playing with multiple accounts, use VPN on banned country to pass the site (if site doesn't allow VPN), Faucet abuse) you shouldn't worry about KYC thing.
Bitsler has paid more than you can imagine because i've seen there are lot of whales on this site.
Simple thing, before you make a deposit to a site, always read their TOS first about KYC.
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JollyGood
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April 03, 2021, 03:12:53 PM |
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Simple thing, before you make a deposit to a site, always read their TOS first about KYC. I am not implying Bitsler will do it but Terms and Conditions always state the website operators can do anything they like if they suspect fraudulent activity but the problem is many casino and gaming websites have used this clause as an excuse to selective scam users. Reading TOS in most cases will not be helpful because the clause that allows casinos and gaming websites to freeze accounts and seize funds supersedes all other clauses and that makes it easy for users to be made victims of scam website operators.
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Dewi Aries
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Simple thing, before you make a deposit to a site, always read their TOS first about KYC. I am not implying Bitsler will do it but Terms and Conditions always state the website operators can do anything they like if they suspect fraudulent activity but the problem is many casino and gaming websites have used this clause as an excuse to selective scam users. Reading TOS in most cases will not be helpful because the clause that allows casinos and gaming websites to freeze accounts and seize funds supersedes all other clauses and that makes it easy for users to be made victims of scam website operators. I agree with you almost all sites implement this system for various reasons they are like writing a slogan behind the scenes '' deposit but don't withdraw '' As a gambler I usually choose sites that have fewer cases at least this is better
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Mahdirakib
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April 03, 2021, 04:37:17 PM |
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Mandatory or not, KYC thing actually already old thing on gambling site. As long as you didn't broke any rules (i.e playing with multiple accounts, use VPN on banned country to pass the site (if site doesn't allow VPN), Faucet abuse) you shouldn't worry about KYC thing.
Bitsler has paid more than you can imagine because i've seen there are lot of whales on this site.
Simple thing, before you make a deposit to a site, always read their TOS first about KYC.
KYC isn't mandatory at any old, trusted, reputable crypto casino. Bitsler is one of them. And they will only ask for KYC verification if they find anything suspicious. Don't know why people are so much worried about KYC issue! I'm in crypto gambling world it's almost four years and never faced KYC issue. By the way, someone got the password of my bitsler account and tried 77 login attempts with different IP address few days ago. But he/she couldn't access my account as login approval was required through a link sent to email
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JollyGood
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April 03, 2021, 05:23:19 PM |
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I am not implying Bitsler will do it but Terms and Conditions always state the website operators can do anything they like if they suspect fraudulent activity but the problem is many casino and gaming websites have used this clause as an excuse to selective scam users.
Reading TOS in most cases will not be helpful because the clause that allows casinos and gaming websites to freeze accounts and seize funds supersedes all other clauses and that makes it easy for users to be made victims of scam website operators. I agree with you almost all sites implement this system for various reasons they are like writing a slogan behind the scenes '' deposit but don't withdraw '' As a gambler I usually choose sites that have fewer cases at least this is better Yes that is another thing, many gaming websites and casinos are happy to keep allowing users to deposit funds but when they win they are told their account has been frozen under such and such pretenses.
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Bitinity
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April 05, 2021, 04:25:06 AM |
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Mandatory or not, KYC thing actually already old thing on gambling site. As long as you didn't broke any rules (i.e playing with multiple accounts, use VPN on banned country to pass the site (if site doesn't allow VPN), Faucet abuse) you shouldn't worry about KYC thing.
Bitsler has paid more than you can imagine because i've seen there are lot of whales on this site.
Simple thing, before you make a deposit to a site, always read their TOS first about KYC.
KYC isn't mandatory at any old, trusted, reputable crypto casino. Bitsler is one of them. And they will only ask for KYC verification if they find anything suspicious. Don't know why people are so much worried about KYC issue! I'm in crypto gambling world it's almost four years and never faced KYC issue. You guys do not get the main first discussion here. It is related to the addition of the 3rd party games at Bitsler and players need to do KYC in order to play that 3rd party games. So it is mandatory for those players who want to play the 3rd party games but players can stay without KYC if they do not want to play the 3rd party games.
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Japinat
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April 05, 2021, 11:33:53 AM |
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You guys do not get the main first discussion here. It is related to the addition of the 3rd party games at Bitsler and players need to do KYC in order to play that 3rd party games. So it is mandatory for those players who want to play the 3rd party games but players can stay without KYC if they do not want to play the 3rd party games.
I guess I'm not affectd to this, I never play a 3rd party game, I spend my time playing with this site before of there sports betting. Anyway, thank for you explaining, at least we know that KYC is necessary when we try to play a 3rd party game. BTW, do you know the reason why its necessary for a KYC when playing a 3rd party game? And what are these games?
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Mahdirakib
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April 05, 2021, 01:27:53 PM |
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You guys do not get the main first discussion here. It is related to the addition of the 3rd party games at Bitsler and players need to do KYC in order to play that 3rd party games. So it is mandatory for those players who want to play the 3rd party games but players can stay without KYC if they do not want to play the 3rd party games.
Oh! Sorry, didn't notice the first reply of 'efialtis' which brought the discussion here. So bitsler implemented the mandatory KYC verification system for 3rd party slots game more than a month ago! I only play dice and multicolor game there. As a result it was unknown to me. Only two slots game available to play without KYC and those are provided by bitsler. This is the most unusual system I have ever seen in a casino.
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Bttzed03
Legendary
Offline
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
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April 08, 2021, 02:06:59 PM |
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I just saw the announcement from Bitsler's chat that they will be delisting the following cryptocurrencies: Komodo (KMD) Waves (WAVES) Stratis (STRAX) Lisk (LSK)
You can withdraw or exchange those coins until 12th of May.
If you still have balance in those cryptocurrencies, it will be automatically exchanged into Ethereum (ETH) on your balance.
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hopenotlate
Legendary
Offline
Activity: 3346
Merit: 1225
Top Crypto Casino
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April 08, 2021, 03:01:39 PM |
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I just saw the announcement from Bitsler's chat that they will be delisting the following cryptocurrencies: Komodo (KMD) Waves (WAVES) Stratis (STRAX) Lisk (LSK)
You can withdraw or exchange those coins until 12th of May.
If you still have balance in those cryptocurrencies, it will be automatically exchanged into Ethereum (ETH) on your balance. Thanks for the advice, have some pennies in all four balances that don't reach minimum threshold either to withdraw or exchange to other coins that will still be there : there is no other chance than gamble them up .
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janggernaut
Legendary
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Activity: 2366
Merit: 1130
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April 08, 2021, 03:26:12 PM |
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The rason of these coin will be removed should be because lack of playing with these coins (low interest) or their chain are too difficult to maintain, so it costed them higher than other coins. Only very few casino which listed these 4 coins on their site, AFAIK
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Maslate
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April 08, 2021, 04:13:34 PM |
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I just saw the announcement from Bitsler's chat that they will be delisting the following cryptocurrencies: Komodo (KMD) Waves (WAVES) Stratis (STRAX) Lisk (LSK)
You can withdraw or exchange those coins until 12th of May.
If you still have balance in those cryptocurrencies, it will be automatically exchanged into Ethereum (ETH) on your balance. Thanks for the advice, have some pennies in all four balances that don't reach minimum threshold either to withdraw or exchange to other coins that will still be there : there is no other chance than gamble them up . Actually, I have never used any of these coins in gambling, so it's okay if they'll be remove, but they are good coins actually, I invested some of them especilaly on Waves. With this delisting, it would open doors for new coins with cheaper fee and probably more popular.
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Haunebu
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April 08, 2021, 04:23:23 PM |
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You guys do not get the main first discussion here. It is related to the addition of the 3rd party games at Bitsler and players need to do KYC in order to play that 3rd party games.
You need to reread their posts since it is pretty clear that you didn't understand what they were trying to convey. Their points about KYC clearly pertain to all games on the site(In-house and 3rd party). The rason of these coin will be removed should be because lack of playing with these coins (low interest) or their chain are too difficult to maintain, so it costed them higher than other coins.
I believe that a lack of interest is the primary reason why these coins have been delisted and it's the right move for both the house and the players overall.
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jamyr
Sr. Member
Offline
Activity: 1764
Merit: 373
<------
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April 08, 2021, 04:32:06 PM Last edit: April 08, 2021, 04:56:28 PM by jamyr |
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I just saw the announcement from Bitsler's chat that they will be delisting the following cryptocurrencies: Komodo (KMD) Waves (WAVES) Stratis (STRAX) Lisk (LSK)
You can withdraw or exchange those coins until 12th of May.
If you still have balance in those cryptocurrencies, it will be automatically exchanged into Ethereum (ETH) on your balance. I just saw one of their long time moderator by the name of mistercoin telling chat about that. I asked permission and he said okay for me to post it, so here it goes!
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Mahdirakib
Legendary
Offline
Activity: 1960
Merit: 1028
In Search of Incredible
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April 08, 2021, 06:02:28 PM |
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The rason of these coin will be removed should be because lack of playing with these coins (low interest) or their chain are too difficult to maintain, so it costed them higher than other coins.
I believe that a lack of interest is the primary reason why these coins have been delisted and it's the right move for both the house and the players overall. I also think that the lack of interest is the main reason behind this. But we can't say it surely because officially they haven't said that why they removed those coins. By the way, among those four coins only waves in top 100 list based on marketcap. Other three coins rank is above one hundred. Generally gamblers prefer to play with the top coins of crypto market (Personally I prefer it too). Bitsler have notified about the coin removal via email message and also gave a coupon link in it. But don't know why they haven't said anything officially here.
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