why kyc?

[sunsilk]

I don't really care about giving KYC because I will not get to win a big price. May I ask, why are they wanting you to give your information?

You don't care with it because you have no choice and you have to comply so that you can get your money. If you won't comply to their KYC implementation, you will let your money sit on them forever so that's why you need to take actions with it.

Why they want our info? same with the exchanges, it is either they are following a strict rule from their country that if ever someone wins a big pot, they have to send reports about that to their gov't including the identity of the winner.

[Dreamchaser21]

Well i agreed why the gambling sites ask US when we won big on their site but if we won small and withdrawal, they will not question it. Well maybe it's for their safety and at least you still can withdraw your money though. Stake and Primedice are trustable, so if i ever win big on that sites, i will do KYC if they need it.

This is not the issue.

It doesn't matter if you deposit $1 worth of Bitcoin and win $1 million and try and withdraw.

Most of these KYC issues with ID are because the deposited funds need to be verified for legitamitacy.

Say that hacker who stole Bitfinex funds about 2 years back sends some funds to a gambling site.

He deposits 20 BTC takes 1 bet and tries and withdraw 19.99 BTC, it will get halted and investigated.

KYC helps to prevent a scenario like this, if its a good gambling site then no need to worry about your personal details. If its a big amount they should really ask for some legitimacy and don't allow it without providing their personal details. Most of the gambling sites are free to withdraw if its a small amount but if its too much, they will ask you to update your account profile.

[Johnzky]

If you guys care about privacy while gambling better re-think before you make a deposit. below you can find a list of casinos which ask/ don't ask for KYC after winning big amounts

List of sites asks for KYC if you win the big amount.

• STAKE
• PRIMEDICE
• FORTUNE-JACK

• BITSLER

List of sites which don't request for kyc after winning big amounts.

• YOLODICE
• JUST-DICE
• 999DICE
• CRYPTO_GAMES
• BITCOINRUSH

I will try my best to Update this post every day. would be much appreciated if you guys mention the other sites in the comments.

Better you also put some proofs of this gambling sites asking or not kyc after winning big amount or just even their threads on which indicating this claims for the enlightenment of each individuals who wanted to play on their site to won’t be surprised when lucky to winn big money

[perla]

See from what OP said, it is only for who deposit with a big amount of money. I think some gambling site need to protect themself for something bad that come from it. It will be different if they are put KYC on all members because gambling will be good if we stay anonym.

[virasog]

If you guys care about privacy while gambling better re-think before you make a deposit. below you can find a list of casinos which ask/ don't ask for KYC after winning big amounts

List of sites asks for KYC if you win the big amount.

• STAKE
• PRIMEDICE
• FORTUNE-JACK

• BITSLER

List of sites which don't request for kyc after winning big amounts.

• YOLODICE
• JUST-DICE
• 999DICE
• CRYPTO_GAMES
• BITCOINRUSH

I will try my best to Update this post every day. would be much appreciated if you guys mention the other sites in the comments.

First you need to let us know any official statement from these sites that they will demand KYC in case any big amount is Won. This should not be the case. If any casino what to implement KYC, they should do it irrespective of the winning amounts. (although i am not in the favor of KYC in gambling).

[imstillthebest]

Having KYC is good both side between the company and the customer, but is this case we dont know which is having a good heart not to take advantage using KYC, but I think that is good for fiat basis casino. In decentralized we can't track the transactions of crypto especially if they are good of it. So, it's up to you now to decide on which gambling site not having KYC and I think there are too many of them.

kyc ? i think its only good for the owner but not really for the user because its a hassel and we are using a crypto to stay anonymous  . kyc makes being anonymous useless  . and kyc in a gambling site seems strange because what i know is that kyc is only used for exchanges and when your about to invest on ico's  . ive been playing on  different gambling sites but so far , i dont see that one of them requires a kyc  .

[Shinpako09]

This was created last year and i'm a long time player of PD but I'm not updated that they are asking KYC if you won big amount. Guess you just need to comply in their rules if that's the only thing you need in order to get your winnings. Eventhough you feel worried and really uncomfortable in giving your info online.

[semobo]

See from what OP said, it is only for who deposit with a big amount of money. I think some gambling site need to protect themself for something bad that come from it. It will be different if they are put KYC on all members because gambling will be good if we stay anonym.

It is not about depositing huge amount,when someone win too much money from bets then some gambling sites were asking to prove that they are real person? Even happened with many reputed sites in the recent days so which can give bad reputation for that site when they are asking only to cashout huge rewards.

[eternalgloom]

Fully agree, I really don't understand why so many crypto gambling websites require customers to provide them with KYC.
I would personally never provide KYC to any gambling website, heck, I don't even want to give it to most exchanges...

I'll just stick to the websites that don't ask for KYC, there are enough of them, as you've shown through your list

[Ucy]

My only problem with the actions of some of this? gambling websites is that they most often hid this condition from gamblers. This shouldn't be the case. Their Terms and conditions should be made clear to gamblers so that anyone who doesn't like it might leave.

[rizkyhiw]

If you don't want to give your own documents to them or apply KYC in a useless way, then don't obey if you don't agree because there are safe and good gambling sites and don't apply the KYC system to all players, maybe they have other intentions to implement such regulations whether to anticipate fraud or anything, as much as possible not following what they say sometimes I also don't want to send my personal documents to them, this is anonymous and Btc is very useful for every transaction that is not too many requirements.

[Oceat]

My only problem with the actions of some of this? gambling websites is that they most often hid this condition from gamblers. This shouldn't be the case. Their Terms and conditions should be made clear to gamblers so that anyone who doesn't like it might leave.

But how could you possibly decide if, for example, you win the jackpot prize and you need to withdraw the amount? Then you will need to provide such personal information because they have to make a record of the people who win already at their casino. They needed that if the government might want to ask who wins the jackpot because the government is always following someone to pay their taxes especially the IRS.

[Ryker1]

Why people worried about gambling site that implemented KYC such as giving them from a safe place. Of course, don't pass your personal identity or KYC if you don't have trust on that site. There are a lot of gambling sites out there that never ask or implemented KYC to avoid on that. Well, that was our expectation too.

[d2w.bet]

As a gambling regulated platform, we may add the following - the main reason of KYC on gambling sites is to prevent underage gambling. Minors should not be able to gamble real money, that is the rule.

The reason why regulations require documents is that very reason.
Those who do not do that are committing a crime actually

[whirlcoin]

If you guys care about privacy while gambling better re-think before you make a deposit. below you can find a list of casinos which ask/ don't ask for KYC after winning big amounts

List of sites asks for KYC if you win the big amount.

• STAKE
• PRIMEDICE
• FORTUNE-JACK

• BITSLER

List of sites which don't request for kyc after winning big amounts.

• YOLODICE
• JUST-DICE
• 999DICE
• CRYPTO_GAMES
• BITCOINRUSH

I will try my best to Update this post every day. would be much appreciated if you guys mention the other sites in the comments.

the proper things always been important because the KYC is not for anything to create the transparency about what is going on any type of site will be important I think that is the reason for the implementation otherwise it will be reduces the privacy also.

[akram143]

Promising things are only came up with the KYC when you are doing it properly and it will be the most important to be transparent in this market and reduces the the unlikely things that came off with the market and I think it will be successful like the implementation was expected.

[adzino]

Wow, I didn't know that Prime Dice required KYC if you win big. Well, I guess there are some people like me and if they gambled and won huge, they are going to be really disappointed hearing that they will have to submit their identification to claim their money. That's just sad.
Edit the error on your list. It's Crypto-games.net  .
Also, link each casinos to their announcement thread if its available. Going to be helpful for users.

[jademaxsuy]

One must be very careful in making deposits on sites that does not require KYC. As we all know that KYC is very useful when it comes to tracking a user. This means that a government has required this and the platform is being regulated or having the license to operate from the government.

If not, then there is no legal.action taken on that platform. This is why I.was thinking that those gambling sites does not require KYC could possibly will going to.cheat or having less electronic consumer protection.

[Oilacris]

Wow, I didn't know that Prime Dice required KYC if you win big. Well, I guess there are some people like me and if they gambled and won huge, they are going to be really disappointed hearing that they will have to submit their identification to claim their money. That's just sad.
Edit the error on your list. It's Crypto-games.net  .
Also, link each casinos to their announcement thread if its available. Going to be helpful for users.

Most gambling sites do really include that stuff into their toss.If we do try to look up on each one of them they do have the same terms when it comes to KYC which they can
anytime ask out if they do look fraudulent behind your big winnings or not.It sucks to know that you will still need to face up delays because of that but well
i dont really bother myself yet im not able to win big yet.  

[xWolfx]

You don't care with it because you have no choice and you have to comply so that you can get your money. If you won't comply to their KYC implementation, you will let your money sit on them forever so that's why you need to take actions with it.

Why they want our info? same with the exchanges, it is either they are following a strict rule from their country that if ever someone wins a big pot, they have to send reports about that to their gov't including the identity of the winner.

That could be dangerous if an insides decides to get greedy and make a plan to steal the price he/she earned, otherwise it's not really that bad.

It's a security measurement they put in place that helps but it's far from being a perfect solution. Especially because people just buy the documents of others and a lot of people in some sites is willing to sell them really cheap.