why kyc?

[goaldigger]

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.

Those sites which asks KYC are those with strong foundation and we all know that is not a scam. The other ones below i doubt is legit. Sometimes KYC is not scary knowing the site you are playing for is legit and i dont have any negative thoughts about that.

[Oasisman]

Most of the time, it's just to try and delay the withdrawal.

Sounds convincing. The big question is, why would these gambling or casino websites ask KYC only if a player win big amount of money, why they didnt ask KYC before a player can proceed to play in their website. Im thinking there will be another reason for that aside from just delaying the withdrawal.

[RasenShuriken]

If you care about your privacy so much then it would be better if you are not even betting. Come on, and why would you protect your privacy so much until you cannot give your privacy.

[Caladonian]

Most of the time, it's just to try and delay the withdrawal.

Sounds convincing. The big question is, why would these gambling or casino websites ask KYC only if a player win big amount of money, why they didnt ask KYC before a player can proceed to play in their website. Im thinking there will be another reason for that aside from just delaying the withdrawal.

They can delayed your withdrawal indeed since you need to process the KYC procedures, it take some time for verifications and approvals, I'm also confused why this happen after you tried to withdraw bigger amounts, how about splitting it in a small fractions, are they gonna ask for players to
complete the process or they will allow if you will just withdraw little by little?

[Oasisman]

Most of the time, it's just to try and delay the withdrawal.

Sounds convincing. The big question is, why would these gambling or casino websites ask KYC only if a player win big amount of money, why they didnt ask KYC before a player can proceed to play in their website. Im thinking there will be another reason for that aside from just delaying the withdrawal.

They can delayed your withdrawal indeed since you need to process the KYC procedures, it take some time for verifications and approvals, I'm also confused why this happen after you tried to withdraw bigger amounts, how about splitting it in a small fractions, are they gonna ask for players to
complete the process or they will allow if you will just withdraw little by little?

I have not tried to withdraw nor gamble huge amount of Bitcoin from any of the gambling sites. As per the OP's concern he clearly stated that these gambling sites listed above ( I know some of them are trusted and has a lot of players using their websites ) will ask KYC verification to enable withdrawal procedures for large amounts. So, I assume small fractions doesnt require any. I have never personally experience withdrawing huge amount, since I only play for micro betting.

[bitcoin31]

If they win big amouns of money in the gamblinh site I think there is no reason to complain because that is big money but if you win only some money there is no for them to submit KYC. If you don't like KYC so don't play to the gambling site that require to submit KYC if they big win amount of 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.

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.

If about that, honestly i am not agree too. Because when we win huge rewards in a betting site, it means we get it with our own luck and not with anything. Gambling is game with luck, but if there are no choice to follow it, it is better to follow that rules instead of we lose all our money.

[maydna]

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.

If about that, honestly i am not agree too. Because when we win huge rewards in a betting site, it means we get it with our own luck and not with anything. Gambling is game with luck, but if there are no choice to follow it, it is better to follow that rules instead of we lose all our money.

And remember to choose a recommended gambling site because if they ask about KYC, then they are very concern with their member and they want to give protection to their member.

As long as we can follow their rule and we don't do anything bad against them, I think they will allow us to withdraw big money if somehow we win the game. They don't have the right to delay the withdraw because we always obey them and we don't break any of the rules.

But that will not be a guarantee with all of the gambling site because there will be any gambling site which still not paying their member even if their member has following their rules without objection.

[noormcs5]

If you care about your privacy so much then it would be better if you are not even betting. Come on, and why would you protect your privacy so much until you cannot give your privacy.

There can be a number of reason to prevent the privacy. Maybe any one is playing gambling where gamblers are not have good say in the society and therefore one may not disclose he is doing gambling. Similarly anyone might be living in a place where gambling is prohibited and if he is found playing gambling he may have to face the court of law etc. 

[kissme09]

Most of the time, it's just to try and delay the withdrawal.

Sounds convincing. The big question is, why would these gambling or casino websites ask KYC only if a player win big amount of money, why they didnt ask KYC before a player can proceed to play in their website. Im thinking there will be another reason for that aside from just delaying the withdrawal.

With large withdrawals, KYC verification is required. Some bookmakers want to verify the identity of the owner and complete some legal requirements when the government agency checks large transaction amounts. Also, verify to avoid money laundering of some black credit institutions.

[onrise]

If you care about your privacy so much then it would be better if you are not even betting. Come on, and why would you protect your privacy so much until you cannot give your privacy.

There can be a number of reason to prevent the privacy. Maybe any one is playing gambling where gamblers are not have good say in the society and therefore one may not disclose he is doing gambling. Similarly anyone might be living in a place where gambling is prohibited and if he is found playing gambling he may have to face the court of law etc. 

I think many of the online gambling sites where they require KYC people are afraid considering they are unsure about the trust factor that gets involved when you submit your documents to them. So in order to safeguard their identity people avoid such sites.

[playboy654]

More than the privacy the safety is more important for your money for this their new implementation are very helpful and I seen that KYC is also like that if we do some problems happened in our transaction the KYC will easily helpful for you to get back the money without the problem that is the main factors and advantages with the implementation of KYC.

[jualidbitmixer]

how do you know about all these information? i play on primedice before and i saw a guy withdrawal so many bitcoins and he can withdrawal easily without problem and kyc. i think gambling site use kyc only for a player that had a suspicious activity on their account and for withdrawal a big money like 50 btc and more.

[JohnBitCo]

how do you know about all these information? i play on primedice before and i saw a guy withdrawal so many bitcoins and he can withdrawal easily without problem and kyc. i think gambling site use kyc only for a player that had a suspicious activity on their account and for withdrawal a big money like 50 btc and more.

Why will the casino require KYC on withdrawal of 50btc or more ? For sure, anyone has one this much amount and he therefore initiated the withdrawal.
If the KYC is to prevent the hacking, then it is useless because hacker can withdrawal all the money even without KYC if the site is compromised.

[roosbit]

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

I agree with you here.If a casino enforces doing KYC after winning a good amount of money,they should be doing the same before money is being deposited on the account.This is a small gimmick every low graded untrustworthy casino will perform to steal from players as they know people are hesitant towards submitting documents online especially if gambling is not legal in their jurisdiction.

After KYC,there is another gimmick called "Security Procedures" which kinda works the same way.

Just wondering how admins would respond if users ask for admins personal documents after a player/user losing a huge amount

Their logic is : They love anonymity and want all their operations to be anonymous until it comes to paying out huge amounts.Then suddenly they introduce all sorts of new terms and conditions as part of their "standard procedures", "KYC requirements " or "security verification".

I remember FortuneJack took around 3 months to process someone's 0.50 btc withdrawals as they were investigating the win lol

This is quite painful and As far as I know most players that use  these casinos which claim not to have KYC attract players that don't have the required docs like passports and all or are just not willing to put out there personal data out there for fear of misuse of data.
So if problems arise resolving such drags on forever.

[GregH37]

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.

Still, one should even be more careful in submitting KYC with gambling sites. I think it is very risky especially when you come from a country like mine that don’t really support us gambling that much, and Peradventure you commit any offense, you can easily be tracked down, And it is not true that sites that do not request for KYC cheats, they just have a policy and that is all, I have a number of reputable sites that I have participated in their games and they do not request for KYC, which makes that your ideology is baseless.

[rodel caling]

• STAKE
• PRIMEDICE
• FORTUNE-JACK
• BITSLER

Can you also include reference to prove your claims that this sites will ask for documents when you will win big?

Although sharing your personal documents with trusted sites might not hurt your personal privacy.

Correct sir for transparency and to be fair for the site pointing by op as their proofs

how do you know about all these information? i play on primedice before and i saw a guy withdrawal so many bitcoins and he can withdrawal easily without problem and kyc. i think gambling site use kyc only for a player that had a suspicious activity on their account and for withdrawal a big money like 50 btc and more.

That's the reason why I am asking proof from the op because without proof there's nothing people can convince about the allegations.

[Pearls Before Swine]

Sometimes KYC is not scary knowing the site you are playing for is legit and i dont have any negative thoughts about that.

Perhaps not scary and even possibly comforting, but I would never want to provide my docs to an online casino.  Even if what I am engaged in is fully above the line.  If a casino knows who you are, it is a certainty that some other organization will find out who you are and what you have been doing. 

The fault for this kyc craziness lies not with the casinos as far as I can tell, but with gov't regulators that require businesses that deal with large amounts of money transactions to know who they are dealing with.  Those regulators presumably are trying to keep money from being laundered, but it is a huge blow to everyone's privacy and I am against it.  Fully.

I think it is very risky especially when you come from a country like mine that don’t really support us gambling that much, and Peradventure you commit any offense, you can easily be tracked down

That's an even worse situation where the kyc procedure could make a person paranoid.  Stick with casinos that don't do kyc if they're reputable enough.

[AngelSky]

This question is there on legal board as well for other reason here for gambling reasons.

What is the use of getting KYC information collecting from the gamblers, I think that they need to show the wallet address to receive fund they won from the gambling site but why they required to know our personal information?

Gambling sites needs to stop asking KYC details from their users. If continous it will reduce the users from the kyc required gambling sites.

[joshy23]

This is helpful to us were gambling sites don't usually tells this not before you hit big prizes and i find this misleading, i believe that this must be imposed in every time player's come to play as we cryptonians are very strict in our privacy and personal details. Thank you for pointing this out and hope all the legit sites will be added on the OP for players reference