Reasons Crypto Players Skip Casinos with KYC

[Jating]

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

I usually try to avoid KYC casinos, but there are sometimes require to have a process like this one.
There are a lot of people who abuse faucets and rewards which is a loss for the casino, so there should be some measurement that can eliminate those abuses.

And what's make it frustrating for a player? Is that there are casinos who would allow you to deposit first and then when it's time to withdraw, specially if you have big winnings, suddenly casinos will require you to send first KYC before you can withdraw evening.

And that's what disappoint most old school crypto gamblers. Because crypto casino's now tend to replicate a fiat online based casino. You have to undergo KYC and worst they will tell you that some suspicious activities can be flag in your account and unless you do full KYC you can't get anything, even the money that you have deposited on them.

[joshy23]

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

I usually try to avoid KYC casinos, but there are sometimes require to have a process like this one.
There are a lot of people who abuse faucets and rewards which is a loss for the casino, so there should be some measurement that can eliminate those abuses.

The casino house needs to implement that requirement to counter those abusers and in order to protect their business, a lots of people loves to enjoy playing anonymously  and if they can continue doing that they will not process and provide any important information about their personal identity. It's about privacy and there's still lots of people who wanted to keep it.

[michellee]

I am sure that is the reason for the most gambler who doesn't play gambling too often. They will prefer to choose the gambling website, which doesn't require KYC because they don't think that it will be safe for them to give the personal document. I don't like to verify myself just to playing gambling, and I don't see any reason for me to do that thing because I only want to get fun in the gambling games.

That's it, and gambling sites do understands that, even exchange like Binance which is one of the most popular exchange in the space is not so strict with KYC.

They allow traders to use their platform without KYC up to a certain limit or condition, because they see the possibility that they would loss clients if they will be very strict, same with gambling site of course, less complicated will give more comfort to gamblers and they will choose a gambling sites that gives them that comfort, people does not care much about the license of the gambling operators, they cares more on the reputation.

So actually, we as a trader and gamblers should not be worry if we don't want to do KYC because we can found easily the gambling website which does not require their members to do KYC. I guess that will help the gamblers to join in their site because the gamblers only want to play gambling without the want to fills the KYC. I think if the gambling site needs their member to fills KYC, they should get licenses from the gambling authority, and then they can apply the KYC to their members too. Besides that, the gambling website needs to fill KYC too like their members.

[boyptc]

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

I usually try to avoid KYC casinos, but there are sometimes require to have a process like this one.
There are a lot of people who abuse faucets and rewards which is a loss for the casino, so there should be some measurement that can eliminate those abuses.

Yes, there are times that they have to do but it's mostly to special cases and incidents for which to verify the user.

Right, those activities that would be against their terms of usage and agreement, that's the solution that they have to implement.

[Reatim]

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

And with this issues gamblers now are more restrict when choosing sites to play and sorry for those abusers but the must pay for what they’ve done here.

snip~

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

You must be concern also mate even you don’t really a gambler because jackpot is not for just for old timers but for everyone so you should be ready Incase needed

[maydna]

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

My friend tells me his story when he can hit the jackpot. He hit the jackpot, but when he wants to withdraw the money, the site needs him to verify his account, but he doesn't want to send any document to that site. He gets upset knowing that he cannot withdraw the money, but on the other side, he can accept the rules. So now, he always searches the gambling website which doesn't need to do KYC so he can withdraw the win money without verifying himself. That is one example from my friend who doesn't want to verify the KYC because he thinks that the document is very important for him.
He doesn't want to send it into any gambling website.

[panjul07]

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

My friend tells me his story when he can hit the jackpot. He hit the jackpot, but when he wants to withdraw the money, the site needs him to verify his account, but he doesn't want to send any document to that site. He gets upset knowing that he cannot withdraw the money, but on the other side, he can accept the rules. So now, he always searches the gambling website which doesn't need to do KYC so he can withdraw the win money without verifying himself. That is one example from my friend who doesn't want to verify the KYC because he thinks that the document is very important for him.
He doesn't want to send it into any gambling website.

How much was the jackpot hit by your friend? I guess it was not that big, because if it was a huge amount then I think your friend will do the KYC. If he did not send the document means that the amount is still considered as low amount for him, but if he thinks that it worth enough then I'm sure he will do it to get the money.
At the moment, most gambling sites has terms that they have the right to ask for KYC. Although it is not mandatory but it can be asked for several cases like huge win, suspected as money laundering, etc. So basically big players who usually bet big amount and have the chance to win huge should be ready for KYC.
I do not like KYC as well but if there will be a time when a gambling site ask me for KYC because I win so huge amount, I will do it to get the money but I have to make sure first that the site is reliable and trusted.

[FontSeli]

It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.

I am sure that is why people enjoy crypto casino because of the fact that there is no KYC. If you are not afraid to provide your details to KYC, then why not play in regular casinos.
I'm in a country where casinos are allowed, but I still don't know what the authorities will react to if they find out that I won money at a casino not resident in my country.

[Question123]

It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.

I am sure that is why people enjoy crypto casino because of the fact that there is no KYC. If you are not afraid to provide your details to KYC, then why not play in regular casinos.
I'm in a country where casinos are allowed, but I still don't know what the authorities will react to if they find out that I won money at a casino not resident in my country.

Player really want a gambling sitd that no need tk pass their KYC that makes them or even me safe because their Idenity will not compromise by the anyone.  My country are allowed to play casino but a player need a membership to play a casino or submit their ID to play but I did not play in traditional Casino only in a online Casino because it's better to play now in online.

[boyptc]

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

And with this issues gamblers now are more restrict when choosing sites to play and sorry for those abusers but the must pay for what they’ve done here.

I've seen those posts but I can't dig them right now. But if a known casino do this, you just have to obey because they are doing it for the benefit of both sides.

[Ryker1]

Well, as far as I know, gambling sites that implement KYC are those who did not accept cryptocurrency or those only accept fiat to gamble and using credit ATM cards in order to deposit. But in crypto gambling sites which are very popular now in crypto space will good if it remains anonymously. Indeed, not all gambling platforms restricted by KYC verifications. KYC is not given an attractive way to lure gamblers.

[imstillthebest]

Well, as far as I know, gambling sites that implement KYC are those who did not accept cryptocurrency or those only accept fiat to gamble and using credit ATM cards in order to deposit.

afaik kyc are not invented or not popular before and sites or gambling sites dont ask for kyc but they only requires sign up . the sign up process may require phone , email address , name but this details can be easily fake out  . 

that should be the reason why they level up thier sign up process and add kyc to eliminate fraudsters  . now even the common gambling site that dont accept cryptos are now also implementing a kyc .

[rachman mahesa]

Well, as far as I know, gambling sites that implement KYC are those who did not accept cryptocurrency or those only accept fiat to gamble and using credit ATM cards in order to deposit. But in crypto gambling sites which are very popular now in crypto space will good if it remains anonymously. Indeed, not all gambling platforms restricted by KYC verifications. KYC is not given an attractive way to lure gamblers.

But now there are a lot of cryptocurrency gambling sites and there are those that require kyc and there are not for every user. If you or others object to the KYC procedure, then it is better to pass the site. Indeed there are still many gambling sites that do not need to do KYC and can play anonymously.

[FontSeli]

It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.

I am sure that is why people enjoy crypto casino because of the fact that there is no KYC. If you are not afraid to provide your details to KYC, then why not play in regular casinos.
I'm in a country where casinos are allowed, but I still don't know what the authorities will react to if they find out that I won money at a casino not resident in my country.

Player really want a gambling sitd that no need tk pass their KYC that makes them or even me safe because their Idenity will not compromise by the anyone.  My country are allowed to play casino but a player need a membership to play a casino or submit their ID to play but I did not play in traditional Casino only in a online Casino because it's better to play now in online.

In conventional casinos, the ID is asked to see that you are 18 years old, not to pass information about you to anyone else. The situation with crypto casino is completely different, where your documents are needed in order to store them in the database and provide at the request of the auditing organization.

[Best Dreams]

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

And with this issues gamblers now are more restrict when choosing sites to play and sorry for those abusers but the must pay for what they’ve done here.

I've seen those posts but I can't dig them right now. But if a known casino do this, you just have to obey because they are doing it for the benefit of both sides.

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

[Finestream]

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?

[maydna]

How much was the jackpot hit by your friend? I guess it was not that big, because if it was a huge amount then I think your friend will do the KYC. If he did not send the document means that the amount is still considered as low amount for him, but if he thinks that it worth enough then I'm sure he will do it to get the money.
At the moment, most gambling sites has terms that they have the right to ask for KYC. Although it is not mandatory but it can be asked for several cases like huge win, suspected as money laundering, etc. So basically big players who usually bet big amount and have the chance to win huge should be ready for KYC.
I do not like KYC as well but if there will be a time when a gambling site ask me for KYC because I win so huge amount, I will do it to get the money but I have to make sure first that the site is reliable and trusted.

He doesn't want to tell. Yeah, perhaps, it was not too big, but he only tells that the amount is enough to cover his daily life for 2 months. He just too afraid to send the document because he knows about the leaks of the document in the online store. He says that it still not worth to send the document to them although the win money can cover his daily life.

I don't like KYC either, and I always use the gambling site which doesn't use KYC. Besides that, I only a small player who want to gamble in my busy days without thinking about winning. But if somehow, I can win a huge amount, and the gambling site is legit, I will do the same as you.

[Bitinity]

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?

Exactly
It is the reason why crypto gambling exists, to give an opportunity for gamblers to gamble anonymously. Indeed there are some people do not mind to do KYC on crypto gambling sites but I believe the number of crypto players who want to stay anonymous is still bigger than those who do not mind to do KYC.
I also wonder what security he is talking about and I also dont see any benefits for players who do KYC especially on crypto gambling sites.

[panganib999]

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?

Exactly
It is the reason why crypto gambling exists, to give an opportunity for gamblers to gamble anonymously. Indeed there are some people do not mind to do KYC on crypto gambling sites but I believe the number of crypto players who want to stay anonymous is still bigger than those who do not mind to do KYC.
I also wonder what security he is talking about and I also dont see any benefits for players who do KYC especially on crypto gambling sites.

Agree to this, For me, besides anonymity, the second thing that is the most important is which OP said it is less hassle if there's no KYC, because you are just there to play and have some fun. Create an account then play.
KYC is not beneficial in all terms if you have a gambling website, because the no.1 effect of having a KYC in gambling website is limiting your players to go and play to your site. Regarding security 2FA will be enough if you want to secure your account.
For me, KYC is not beneficial at all when having a gambling website.

[jrrsparkles]

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.