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Author Topic: KYC Process (Sportsbook)  (Read 6458 times)
FontSeli
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September 27, 2019, 07:07:23 PM
 #101

I don't see why we should use sportsbooks who demand KYC if there are enough sportsbooks who don't demand KYC. Or do they have higher multiplier?
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October 01, 2019, 10:09:53 AM
 #102

I don't see why we should use sportsbooks who demand KYC if there are enough sportsbooks who don't demand KYC. Or do they have higher multiplier?

Odd`s are pretty much the same everywhere, as I know. I didn`t find any huge difference with odds on soccer, I mostly bet on that, maybe for some other sports odds variate. I support your point, why would we bother with sports book that asks for KYC, when there are many good crypto betting sites where we can bet on sports without any kind of KYC.
Like OP said, it`s a torture to take a pictures of yourself, ID and yourself, just ID, last utility bill, etc... I don`t like to do that, and I`m avoiding KYC whenever I can!

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October 01, 2019, 10:57:09 AM
 #103

I don't see why we should use sportsbooks who demand KYC if there are enough sportsbooks who don't demand KYC. Or do they have higher multiplier?

Odd`s are pretty much the same everywhere, as I know. I didn`t find any huge difference with odds on soccer, I mostly bet on that, maybe for some other sports odds variate. I support your point, why would we bother with sports book that asks for KYC, when there are many good crypto betting sites where we can bet on sports without any kind of KYC.
Like OP said, it`s a torture to take a pictures of yourself, ID and yourself, just ID, last utility bill, etc... I don`t like to do that, and I`m avoiding KYC whenever I can!
Odds might be different on values but they are close as much as possible and this is on where competition starts.They do have margin but on a very minimal
thats why we do able to see good sportsbook with good odds which always been preferred by sportsbettor.There are bookies that dont ask KYC it depends cloudbet,sportsbet,
Nitrogensports,onehash etc. KYC might be asked if you do violate up some rules of their site.
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October 01, 2019, 07:34:35 PM
 #104

I don't see why we should use sportsbooks who demand KYC if there are enough sportsbooks who don't demand KYC. Or do they have higher multiplier?

Odd`s are pretty much the same everywhere, as I know. I didn`t find any huge difference with odds on soccer, I mostly bet on that, maybe for some other sports odds variate. I support your point, why would we bother with sports book that asks for KYC, when there are many good crypto betting sites where we can bet on sports without any kind of KYC.
Like OP said, it`s a torture to take a pictures of yourself, ID and yourself, just ID, last utility bill, etc... I don`t like to do that, and I`m avoiding KYC whenever I can!

When I was a student I bet on football at the usual bookmakers, which were placed a lot in my city. As a rule, they are always asked to write the passport data in the ticket to receive the prize. It is clear that they need it for reporting.
But why it is necessary to network bookmakers I do not understand and do not want to provide them with their KYC data. I don't want them to sell them to anyone else.
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October 01, 2019, 09:20:31 PM
 #105

I don't see why we should use sportsbooks who demand KYC if there are enough sportsbooks who don't demand KYC. Or do they have higher multiplier?

Odd`s are pretty much the same everywhere, as I know. I didn`t find any huge difference with odds on soccer, I mostly bet on that, maybe for some other sports odds variate. I support your point, why would we bother with sports book that asks for KYC, when there are many good crypto betting sites where we can bet on sports without any kind of KYC.
Like OP said, it`s a torture to take a pictures of yourself, ID and yourself, just ID, last utility bill, etc... I don`t like to do that, and I`m avoiding KYC whenever I can!

When I was a student I bet on football at the usual bookmakers, which were placed a lot in my city. As a rule, they are always asked to write the passport data in the ticket to receive the prize. It is clear that they need it for reporting.
But why it is necessary to network bookmakers I do not understand and do not want to provide them with their KYC data. I don't want them to sell them to anyone else.

This KYC thing was useless, and it seems that the people is getting exhausted with it. If this process continues to occur on all sportsbook, customers will decrease and will prefer to choose those other online gambling sites who doesn't require any personal data. Exposing you private information isn't safe for us, and possibly your personal information could possibly be exposed to illegal activities.
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October 02, 2019, 08:19:03 AM
 #106

I don't see why we should use sportsbooks who demand KYC if there are enough sportsbooks who don't demand KYC. Or do they have higher multiplier?
I think it is gradually becoming a norm with gambling sites to ask for KYC and I am no longer surprised at this again. You can really need to accept sporstbooks this way in very near future itself.

Well, I blame those complying and this is probably the reason it is now been more popular. But for me, filling KYC form is one thing I will never do in any casino site because it doesn't make it different from the regular fiat gambling. I hope This policy is changed because this is enough to scare gamblers away knowing how much they appreciate the privacy given to them on casino sites and if this advantage given by casino sites is taken away, it will be an open doors for gamblers to start going back to fiat since there's no difference between them any longer.
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October 02, 2019, 10:25:49 AM
 #107

When I was a student I bet on football at the usual bookmakers, which were placed a lot in my city. As a rule, they are always asked to write the passport data in the ticket to receive the prize. It is clear that they need it for reporting.
But why it is necessary to network bookmakers I do not understand and do not want to provide them with their KYC data. I don't want them to sell them to anyone else.

This KYC thing was useless, and it seems that the people is getting exhausted with it. If this process continues to occur on all sportsbook, customers will decrease and will prefer to choose those other online gambling sites who doesn't require any personal data. Exposing you private information isn't safe for us, and possibly your personal information could possibly be exposed to illegal activities.

That's right, it's like with casino sites, when after the introduction of KYC the number of users has decreased dramatically. Always in the case of other equality people will choose anonymity so as not to risk their documents.



I don't see why we should use sportsbooks who demand KYC if there are enough sportsbooks who don't demand KYC. Or do they have higher multiplier?
I think it is gradually becoming a norm with gambling sites to ask for KYC and I am no longer surprised at this again. You can really need to accept sporstbooks this way in very near future itself.

Well, I blame those complying and this is probably the reason it is now been more popular. But for me, filling KYC form is one thing I will never do in any casino site because it doesn't make it different from the regular fiat gambling. I hope This policy is changed because this is enough to scare gamblers away knowing how much they appreciate the privacy given to them on casino sites and if this advantage given by casino sites is taken away, it will be an open doors for gamblers to start going back to fiat since there's no difference between them any longer.

I don't want to put up with KYC and accept it as the norm. The crypto market was designed to allow people to make payments while remaining anonymous.
The exchanges was the first who broke this rule and introduced the KYC, now followed by the rest of the organization. I absolutely do not like this trend for the introduction of KYC.
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October 02, 2019, 07:56:21 PM
 #108

Torture. Cheesy Even so far I have never used a sportsbook that requires users to send personal identities, not sure if gambling like that is still in high demand or is used by crypto gamblers so far, because there are still many big and famous gambling sites that don't apply KYC.

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October 03, 2019, 07:11:55 AM
 #109

It's a gamble when you're providing your personal info to a gambling site!
You may get your information exploited or they might be a trustworthy website which is operating in accordance to the law and they're respecting their customers.

Going with a non-KYC website might be safer for low-volumes but can such websites be trusted bigger amounts?!
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October 03, 2019, 11:10:40 AM
 #110

You have a choice if you choose them or not if you think that their requirements is a lot you can leave and don't play to their gambling sites. Because there is more gambling site that do not need any information or verification of the player only the email and password and needed and they are legit. Sometimes those gambling site who need a lot of requirements is possible to scam and use your Identity to other bad activities.
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October 03, 2019, 12:39:54 PM
 #111

Torture. Cheesy Even so far I have never used a sportsbook that requires users to send personal identities, not sure if gambling like that is still in high demand or is used by crypto gamblers so far, because there are still many big and famous gambling sites that don't apply KYC.

Yeah, I think sportsbooks that require players to do KYC can't be trusted. What you are saying is true that a large gambling site does not require KYC, what will happen if a new gambling site requires KYC users , it must watch out for.

Sometimes those gambling site who need a lot of requirements is possible to scam and use your Identity to other bad activities.

Now that's true, even though there are no such sites in this section yet, but I'm sure as time goes by, the scammers will move from crowdfunding into gambling. But I'm sure, the gambling section has smart, active users so they are more aware and perceptive.

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October 03, 2019, 07:53:36 PM
 #112

I don't really take KYC in gambling sites but it is needed sometimes if you win big(in which I haven't experienced since I didn't get the chance to have a big prize). But refer to the old sites such as bitsler, bitvest they don't ask KYC. And in stake and primedice since they are of the same owner, they are asking KYC if you win big.




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October 03, 2019, 08:20:51 PM
 #113

You have a choice if you choose them or not if you think that their requirements is a lot you can leave and don't play to their gambling sites. Because there is more gambling site that do not need any information or verification of the player only the email and password and needed and they are legit. Sometimes those gambling site who need a lot of requirements is possible to scam and use your Identity to other bad activities.

For now you have a choice so choose wisely. One day KYC may become mandatory everywhere and you won't even be able to have an email without submitting your ID.

As long as there are sites where you can gamble without KYC always choose them. Your personal data is valuable and can be sold on the black market or leaked and then used to produce a fake ID for someone. Don't do KYC unless you really have to like in a bank. Choose exchanges and other sites that don't need to see your ID promote anonymity!
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October 03, 2019, 08:41:19 PM
 #114

Gambling comes with licenses and restrictions. KYC is ine of them, everybody knows that.
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October 03, 2019, 09:22:57 PM
 #115

I don't really take KYC in gambling sites but it is needed sometimes if you win big(in which I haven't experienced since I didn't get the chance to have a big prize). But refer to the old sites such as bitsler, bitvest they don't ask KYC. And in stake and primedice since they are of the same owner, they are asking KYC if you win big.
Are they asking out KYC when you win big into those sites you've mentioned? You make me laugh dude!
They dont ask out any documentation or further verification if you win big to those sites and majority of old gamblers do knows that
specially to those who have been playing for years unless if you done something shady then there would be a possibility of verification.
Heavy KYC requirement does only being implied strictly with fiat based casinos/bookies.

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October 03, 2019, 09:27:19 PM
 #116

Torture. Cheesy Even so far I have never used a sportsbook that requires users to send personal identities, not sure if gambling like that is still in high demand or is used by crypto gamblers so far, because there are still many big and famous gambling sites that don't apply KYC.
Of course, gambling sites in the crypto space now are giving the best service as most of them are not license, when they are license they will have to follow the restrictions by the regulators and that we will be affected, and one of the the most important requirements they need to implement is the KYC which for us not worth since most of us are not gambling thousands of dollars or more.

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October 04, 2019, 02:18:22 AM
 #117

I don't really take KYC in gambling sites but it is needed sometimes if you win big(in which I haven't experienced since I didn't get the chance to have a big prize). But refer to the old sites such as bitsler, bitvest they don't ask KYC. And in stake and primedice since they are of the same owner, they are asking KYC if you win big.
KYC if people win big is exception which mean if there is suspicious things from players activities during gambling on particular sites then usually they will asking players KYC to proof the players didn't cheat and usually it is written in FAQ sites but we're at here talking about KYC when people want to made an accounts and play at gambling sites and most people want to avoid it because they including me want to stay anonymous while gambling

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October 04, 2019, 03:47:45 AM
 #118

Most of crypto sportsbook don't need KYC process but it will needed IF your account looks suspicious by the site such different IP, location, multiple accounts or winning big (for some sites). If it needed, usually are your ID, Utility Bill, bank statement, take a photo you with your ID and else.
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October 04, 2019, 12:26:15 PM
 #119

Most of crypto sportsbook don't need KYC process but it will needed IF your account looks suspicious by the site such different IP, location, multiple accounts or winning big (for some sites). If it needed, usually are your ID, Utility Bill, bank statement, take a photo you with your ID and else.
We don't want to be in that position if we really like to gamble anonymously.

Different IPs seems not suspicious I guess and it's not a violation of the rules in any gambling sites.
I have been gambling for years and I have different IPs since that's norms of our ISP, every time I turn on the router, it gives me a new IP.
I think as long as you always follow the rules, you will never be investigated and will be required to pass through the requirements, like the KYC.

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October 04, 2019, 01:35:30 PM
 #120

Most of crypto sportsbook don't need KYC process but it will needed IF your account looks suspicious by the site such different IP, location, multiple accounts or winning big (for some sites). If it needed, usually are your ID, Utility Bill, bank statement, take a photo you with your ID and else.
Gambling sites have their own reasons why to ask for KYC, and like what you have said, those reasons from the list mostly happened especially when your account have suspicious movements inside the house. You need to process this procedure as it will give more access to that specific gambling house after passing the required identification.
For those who are just playing little and there's no problem with the account, they can enjoy using the house without any issues.
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