Can we still enjoy the anonymity in gambling in the long run?

[asu]

You got some point too which i do agree! KYC is just part of their alibi to make people wont able to withdraw their winnings.
Recently, i just read up some thread about huge win and ask out KYC https://bitcointalk.org/index.php?topic=5260506.0
Even known ones can ask out which is not really that appealing.

Not an alibi, just a part of their T&C. You can tell thay by what others pointing it out too.

In that case, that's not surprising with that huge amount. Casino wouldn't just handed out that amount without some verification, were the KYC go enter the discussion.

[Mahanton]

You got some point too which i do agree! KYC is just part of their alibi to make people wont able to withdraw their winnings.
Recently, i just read up some thread about huge win and ask out KYC https://bitcointalk.org/index.php?topic=5260506.0
Even known ones can ask out which is not really that appealing.

Not an alibi, just a part of their T&C. You can tell thay by what others pointing it out too.

In that case, that's not surprising with that huge amount. Casino wouldn't just handed out that amount without some verification, were the KYC go enter the discussion.

When dealing up with crypto gambling sites then i dont really believe much on strict KYC implementation incase of big win yet there are reputable ones that do directly
pays out even if its a big win or not unless if they do find out suspicious activity into your betting then that would be the time they might consider on asking out documentation
but it do really sucks and basing of  into the thread you can see the video that everything was done smoothly with extreme luck.

[chaser15]

What we are enjoy now is an "anonymous gambling" is very satisfying to us, but will it be in danger when the market is fully regulated?

Fully regulation doesn't mean gambling sites will have to mandatory required KYC. It's just for surpassing an account limit or those who are subject to investigation.

I'm sure gambling sites will remain on their current setup for several years to come. It's hard to believe right now that they will mandatorily ask for KYC, even in the future. It's useless to impose it if there's an account that just playing with a lower amount on each of their betting session.

[shoreno]

What we are enjoy now is an "anonymous gambling" is very satisfying to us, but will it be in danger when the market is fully regulated?

Fully regulation doesn't mean gambling sites will have to mandatory required KYC. It's just for surpassing an account limit or those who are subject to investigation.

I'm sure gambling sites will remain on their current setup for several years to come. It's hard to believe right now that they will mandatorily ask for KYC, even in the future. It's useless to impose it if there's an account that just playing with a lower amount on each of their betting session.

fully regulation for me means that a gambling site will require kyc and implement more strict rules that removes anonimity   .

what we have on many gambling sites right now is partial regulation only because the kyc isnt mandatory  . kyc purpose isnt only for big or small amount but they can impose kyc because that is only the answer to know if what kind of people are playing on thier site or if what are thier age .  many fraudster and under age people are using a gambling site today  .

[Awraawra]

...
We all know that slowly the crypto casinos are getting regulated as we can't deny it's been growing and gamblers are slowly adopting to it.

What we are enjoy now is an "anonymous gambling" is very satisfying to us, but will it be in danger when the market is fully regulated?

Your thoughts please.

I think there is less chance to make online casinos and gambling be regulated, yet it depends on the platform and the currency to be used whether they would be centralized or decentralized. And as the anonymous gambling (or the common gambling casinos online) we enjoy today are decentralized (often use dec system and cryptos as well), I think making a centralized one would have less clients/customers, in which, we all know were a big risk to take. I still don't see the possibility of a regulated online casino, it has too many cons and risks.

In some online casinos, there are restrictions, some countries are ban and maybe some countries are required to follow the set or rules for KYC.
In my country which is the Philippines, everytime I access in different casinos, I was never ask for a KYC, an email is already good enough as a requirement then you can start to gamble, what I'm worried is if in the future, things will change and I can't enjoy the same liberty I'm enjoying now.

Yes in Philippines are not so strict in online gambling just all need is to verify in email then you can start gambling you can deposit and withdraw with out any hard. You don't need to worry because there's a lot of online gambling that we can gamble with out kyc.

[seleme]

Depending on the "heaven" rules of location, the anonymity is not fully implemented on many casinos. The casino management always uses the terms and conditions in their favour and they put some lines on this page for preventing the user to avoid the KYC, AML. The anonymity will be there on small casinos but crossing the red limits will lead to passing the KYC sooner or later.

1. You buy BTC
2. You buy something off the Internet with some of it
3. You gamble the rest without mixing your coins, using your real IP or name

Your anonymity is already gone. Gone after the fingerprints you left in the immutable ledger. Full anonymity would probably only happen if a coin such as XMR ever gets to have gambling DApps to combine the privacy features of the coin with blockchain-based bets. Otherwise, the "full anonymity" mostly falsely remains in your head.

The article even gets crypto payments the wrong way around:

Crypto wallets are confidential, as details are only known by the owners. This is another aspect that makes cryptocurrencies endeared to gamblers because of payment anonymity.

Some people may find it challenging to gamble based on limited stakes and restrictions made to specific regions. Cryptocurrencies are eradicating these challenges based on the anonymity offered.

Payments with crypto in general do not provide anonymity and even when using XMR it's of no help if you're using a centralized platform. Moreover, using XMR, VPN or both possibly triggers a KYC request from the website before you are allowed to withdraw any money from it. Try registering on Binance with Mail2Tor through Tor Browser and then depositing some XMR, trading and finally withdrawing - can you? I assure you the answer is 99% negative.

So yeah, privacy is mostly gone right now and I see it worse when it comes to gambling. I'm usually very much against the way privacy gets stripped away from us however, but I am personally fine with it strictly when it comes to betting. It provokes addiction and there are some age groups I guess we all want to keep off it.

Well explained, I agree with detailed analysis.

[sheenshane]

I'm sure gambling sites will remain on their current setup for several years to come. It's hard to believe right now that they will mandatorily ask for KYC, even in the future. It's useless to impose it if there's an account that just playing with a lower amount on each of their betting session.

I tend to agree with you, this KYC implementation will keep people away on the site. When it comes to online gambling we should protect our privacy for any circumstances that may happen. And being anonymity is a part of your privacy that shouldn't be revealed by whom someone else.

If you worried about this anonymity, you should be practice always to read the FAQ or the TOS of the gambling site to avoid the possible problem when it comes you have a plan of cashing out your fund and also might possible gambling sites owner will take advantage on it. There are various gambling platforms where you can choose a better one.

[Yamifoud]

We are going to lose that anonymity feature somehow in the future knowing that most gambling sites are asking for KYC and lead our information left in their site until forever. Some countries are taking action already to regulate the numbers of a growing gambling site online. Authorities would like to see its transparency and this could hold everything and all registrants to undergo KYC as probably it is mandated by the owners. But I'm not worried about this thing to happen in the future, instead, it was a good way to stop or minimize (at least) illegalities online.

[Twinkledoe]

We are going to lose that anonymity feature somehow in the future knowing that most gambling sites are asking for KYC and lead our information left in their site until forever. Some countries are taking action already to regulate the numbers of a growing gambling site online. Authorities would like to see its transparency and this could hold everything and all registrants to undergo KYC as probably it is mandated by the owners. But I'm not worried about this thing to happen in the future, instead, it was a good way to stop or minimize (at least) illegalities online.

Gamblers can always choose those online sites that don't require KYC and there are still reputable sites that don't require one. But players should be careful with the ToS, because some casinos at one point will ask KYC if they feel there are some irregularities with your account. However, if you are not hiding anything or not afraid of the possible tax that you need to pay, submitting KYC would not be a problem.

[serjent05]

What we are enjoy now is an "anonymous gambling" is very satisfying to us, but will it be in danger when the market is fully regulated?

Fully regulation doesn't mean gambling sites will have to mandatory required KYC. It's just for surpassing an account limit or those who are subject to investigation.

I'm sure gambling sites will remain on their current setup for several years to come. It's hard to believe right now that they will mandatorily ask for KYC, even in the future. It's useless to impose it if there's an account that just playing with a lower amount on each of their betting session.

Minors are supposed to be not allowed to join the gambling activities.  This reason alone is enough to implement KYC to every player on the site.  That is when government fully regulates crypto casinos.  It is not how little or how big you wagered or deposit is.  It is about the legality of the player's age to do gambling activities.

[Danslip]

We are going to lose that anonymity feature somehow in the future knowing that most gambling sites are asking for KYC and lead our information left in their site until forever. Some countries are taking action already to regulate the numbers of a growing gambling site online. Authorities would like to see its transparency and this could hold everything and all registrants to undergo KYC as probably it is mandated by the owners. But I'm not worried about this thing to happen in the future, instead, it was a good way to stop or minimize (at least) illegalities online.

Gamblers can always choose those online sites that don't require KYC and there are still reputable sites that don't require one. But players should be careful with the ToS, because some casinos at one point will ask KYC if they feel there are some irregularities with your account. However, if you are not hiding anything or not afraid of the possible tax that you need to pay, submitting KYC would not be a problem.

Endless loop has started after this point, the main idea is to avoid the KYC in all costs, this is why we call the stated online casinos as anonymous casinos. It doesn't matter, at which point they will break the rules and will send a sudden email about blocked account that can be reopened after submitting all personal documents. I don't believe any anonymous casino 100%, the regulators can kick them out at any time.

[arwin100]

What we are enjoy now is an "anonymous gambling" is very satisfying to us, but will it be in danger when the market is fully regulated?

Fully regulation doesn't mean gambling sites will have to mandatory required KYC. It's just for surpassing an account limit or those who are subject to investigation.

I'm sure gambling sites will remain on their current setup for several years to come. It's hard to believe right now that they will mandatorily ask for KYC, even in the future. It's useless to impose it if there's an account that just playing with a lower amount on each of their betting session.

Minors are supposed to be not allowed to join the gambling activities.  This reason alone is enough to implement KYC to every player on the site.  That is when government fully regulates crypto casinos.  It is not how little or how big you wagered or deposit is.  It is about the legality of the player's age to do gambling activities.

For this issues sites really needed to conduct a KYC feature but this is debatable since it's very dangerous for us if scam casino's will require their players to do the KYC procedure and we might gonna face a serious issue if we go on the wrong site. For this its our obligation to watch our children's on what platform or what kind of things they are going thru so that they will not go in the addictive path.

[Wexnident]

There are different regulations from casino to casino, some require you to use KYC and some don't. Whether you use Crypto or not is a second matter tbh, it's all about how the casino itself judges you before you are able to play, whether you are allowed to play anonymously, or identity is required. If in the future, Casinos are able to find a way to find minors without needing KYC procedures, then anonymity may be quite obvious at that point. Sadly, most solutions require an identity number, so in the end, you'd still be stuck with them knowing who you are through tracing various databases ( if such a solution were implemented anw.)

Casinos would most likely implement KYC in the long run, especially if countries that have legal casinos start implementing stricter regulations. Not like they can really refuse such regulations if they want to keep their business going right? I'm not that against providing KYC to casinos, especially since I understand the logic behind the reasons as to why KYC was implemented, but if there was a way to satisfy both sides, where casinos are able to ensure the safety of players and follow regulations WHILE retaining the anonymity of players, then I'd be down for it. Sadly, at this point, without the ability to do so, we can only compromise.

[rhomelmabini]

We are going to lose that anonymity feature somehow in the future knowing that most gambling sites are asking for KYC and lead our information left in their site until forever. Some countries are taking action already to regulate the numbers of a growing gambling site online. Authorities would like to see its transparency and this could hold everything and all registrants to undergo KYC as probably it is mandated by the owners. But I'm not worried about this thing to happen in the future, instead, it was a good way to stop or minimize (at least) illegalities online.

Gamblers can always choose those online sites that don't require KYC and there are still reputable sites that don't require one. But players should be careful with the ToS, because some casinos at one point will ask KYC if they feel there are some irregularities with your account. However, if you are not hiding anything or not afraid of the possible tax that you need to pay, submitting KYC would not be a problem.

We can choose but most likely the unexpected things really do happen and to realize it is to abide by what terms they have. I'm good with casinos that have KYC as long as they are running legally and we know who we can sue if the site has some irregularities pertaining to any kind;  may it about some probably fair,  etc.

[Darker45]

Anonymity is guaranteed but only to a certain extent. There is no such thing as absolute anonymity when it comes to fully regulated businesses.

As a matter of fact, how many times have we encountered situations in which users were suddenly asked to comply with KYC even if the gambling site does not require it from everyone?

A simple suspicion is enough for your account to get frozen and won't be unlocked until you complied and passed with everything they ask from you.

[ralle14]

As kevin mentioned with the additional activities that some gamblers do before and after gambling in a casino a part of your information will always be exposed. Several sites have been updating their terms and conditions as well making it much harder for certain people to gamble. There's always new casinos taking advantage of registrations with no KYC but they'll eventually switch like the rest since they need to follow the rules if they want to continue operating.

[seoincorporation]

is hard to see anonymous gambling nowadays, most of the casinos need KYC system and more if they are paying big amounts.

The only 100% anonymouse site is that one where you can place a bet without having an account, is known as ofchcnain gambling, and you place a bet each time you send a transaction.

For those who want more information, i will leave the site here: https://classic.luckyb.it/

[mersal]

I can see better anonymity while playing on an online crypto gambling while compared to a physical casinos but on rare occasions we may need to undergo KYC in that time our personal details may get exposed but as long as we are playing with little money and getting decent amount in return we can be completely stay anonymous, the suspicious arises only when we won huge amount or huge changes in our account's log details.

[iamsheikhadil]

I don't think it will be hampered because the moment a casino asks KYC documents from me, I'll not play in that casino anymore. The only exceptions are exponentially high wins like millions of dollars in a single bet, then I can understand why they need KYC because it's for my safety and control.

[alani123]

The larger a platform becomes, the harder it is to keep it running without KYC and compliance. Its owners might be hunted by the authorities in their home country if their name is revealed. Seals with Clubs faced this issue if I remember correctly.

If the owners are commited to growing their website, they might have to alter their lifestyle dramatically. In other words, lay low and potentially even move to a different country that has more permissive policies on gambling. I think anonymous gambling will never be banned worldwide all thanks to BTC now. Even if war is waged on it by online service providers, there are ways to keep it afloat still.

So far hosting platforms, registrars and cloudflare are all pretty chill about it, in spite of the act of running an unregulated gambling website isn't exactly considered legal. If a country bans it, others are going to provide licenses for profit. I think so far there has been little drive to eradicate anonymous gambling.