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[leonair]

We do already have that transition about with those non-kyc platforms to on being regulated. I do remember out that Roobet did made out that first move as i have remembered on which they do have that KYC level 1 and level 2 depending on how you would be wanting your limits. Next is on Stake on which you cant be able to withdraw once you haven't been able to verify or having that KYC.
So in todays standard, its not shocking that majority will be having this kind of set-up.

I can not remember what casinos start KYC trend but I remembered that when casinos asking KYC, it raises a lot of noisy discussion and it lasted for a long time. Now, from centralized exchanges to centralized casinos, KYC is like an universal standard for their safe bussiness operations. Without KYC, those companies can have big problems with governments anytime and cost is so expensive and painful.

On the issue of KYC, I feel gamblers should generally be used to the idea already by now because it is not new. Looking for a casino without a KYC requirement should not be a top discussion currently; gamblers should be able to pick a casino with a good reputation like Betfury, do KYC, and then stick to gambling with them.

Some people concerned about KYC have intentions not to stick to one casino, so it is an issue for them since they know their details will be everywhere.

Yes, even though there are many new casino sites in the market, everyone should choose an old high-reputable casino site to gamble and complete the kyc verification there and gamble. Because when someone chooses a new site without doing kyc which has no reputation, they can be cheated there and if they win something big, when they submit KYC to withdraw it, they may not approve that KYC and not release their withdrawal. So these things are very important for those who gamble regularly. So since the KYC issue is not new and everyone is familiar with it, they should do kyc in advance and then gamble.

[Zwei]

Because, as far as my observation on the previous year, I saw that many casinos apply strictness  on their kyc verification. However, there is another story behind this. In recent years, the number of money laundering through casino sites using cryptocurrency has increased, and therefore, the casino certification companies have taken multiple steps to prevent money laundering and as a part of this, they have made verification mandatory on casino sites, and in this regard, these platforms have no choice but to apply the rules.

money laundering had nothing to do with it really (maybe a little bit) but the main reason KYC is mandatory on almost every casino now imo is because the crypto gambling industry has been growing year after year at an insane speed.
so regulators/authorities pretty much had to jump in and stop ignoring it and the pressure from them is what forced casinos to get in line and follow the rules that have always been there if they want to stay in business.

However, I still have sawn many casinos where you can gamble without KYC verification, and I don't think it will be a problem if the amount is small. And in my case, I always spend small amounts of funds on gambling, so in this case, I still prefer to gamble in casinos where there are not so strict rules about KYC.

give it a few years and they will also have mandatory KYC unfortunately
same thing happened to exchanges before. i remember most of them were KYC free up to a certain withdraw limit and those days are long gone.

[btcltcdigger]

⚠️ Attention!
$14.8K Win Was Scored in Dice

User368442 hit a wild streak and scored an epic $14 799 win in Dice.

Feeling lucky? Roll the Dice on BetFury:
🎲 https://betfury.tv/dice-original--

Well thats nice, good for him. Unfortunately, dice hate me, and i hate them with the same passion. I've tried it many times, and few times i got a sweet taste of victory, only to be punched in the face by the loss.
So thanks but no thanks, no dice for me. Good for that guy tho

[Forsyth Jones]

I was thinking about KYC policy in betfury.

I have been reading the terms, and I see that KYC is sometimes required (https://docs.betfury.com/betfury/account/deposit-and-withdrawal#crypto-withdrawal)

Is there a safe limit without KYC? I see they mention 700 EUR. Is that a clear limit? Monthly limit? How does it work?

I took the opportunity to take a look at the ToS and discovered that at BetFury, I can purchase cryptocurrencies directly via PIX through MoonPay. I found this interesting for brazilians who don't have cryptocurrencies to deposit at the casino.



I don't know if they ask for KYC when using PIX provided by MoonPay. Maybe MoonPay asks for KYC if it's a high amount.
I found this interesting. What's your take on this?

[snipie]

give it a few years and they will also have mandatory KYC unfortunately
same thing happened to exchanges before. i remember most of them were KYC free up to a certain withdraw limit and those days are long gone.

To avoid sanctions, unnecessary investigations and services restrictions, KYC is essential once money laundering is suspected and this happens at large scales and with considerable amount of money.
Till you use the service with a normal number of coins then no worries for the players nor the house.
obviously, this can be restricted in advantage once governments imposed stricter measures which will make everything more complicated since there will be a large amount of data to collect and to secure.. You can imagine that for services with millions of users!

[bitmover]

I don't know if they ask for KYC when using PIX provided by MoonPay. Maybe MoonPay asks for KYC if it's a high amount.
I found this interesting. What's your take on this?

I don't worry to do KYC before depositing. My question is more about the withdrawal.

About PIX depositing, yeah, that is a good idea.

Brazil is the country with more traffic in betting websites

[stomachgrowls]

Brazil is the country with more traffic in betting websites

Not that belittling or going negative through this on which basing up on the stats, i thought Nigeria is a poor country and sees out that they are #2 on rank to have that most players.
When i do made out some search then Nigeria is considered the richest country in Africa. lol

[BetFury.com]

🤔 Would you take that risk?

[dwyane36]

give it a few years and they will also have mandatory KYC unfortunately
same thing happened to exchanges before. i remember most of them were KYC free up to a certain withdraw limit and those days are long gone.

The bigger the crypto industry becomes, the more regulators take an interest in it and start making various demands. It is clear with exchanges because they want to conduct their business in peace. So, they follow all the instructions from regulators. However, I personally believe that mandatory KYC does more harm than good. At least because some services aren't particularly concerned about the safety of the personal data of users, and in case of hacking, it could fall into the hands of attackers.
Hopefully, gambling platforms won't follow the same path as exchanges in this regard. Although judging by the trend of recent years, I find it hard to believe.

[Taskford]

⚠️ Attention!
$14.8K Win Was Scored in Dice

User368442 hit a wild streak and scored an epic $14 799 win in Dice.

Feeling lucky? Roll the Dice on BetFury:
🎲 https://betfury.tv/dice-original--

Well thats nice, good for him. Unfortunately, dice hate me, and i hate them with the same passion. I've tried it many times, and few times i got a sweet taste of victory, only to be punched in the face by the loss.
So thanks but no thanks, no dice for me. Good for that guy tho

Indeed great to see that streak and that's huge prize won by individual on their dice game. But would share sentiments as you as I also don't feel like I'm lucky on dice since never tried to experience hit such thing or maybe lower to that value. I usually lose so I think I'm not lucky when playing dice.

That's why I shift on slot and sports betting since somehow I enjoy betting on it.

🤔 Would you take that risk?

Don't know what's the catch of 1% chance of forgetting all passwords, but still there's one percent so provably that there's small chance that person will still forget their accounts especially they have created lots of account on different casinos.

So would rather choose that 99% chance to win $1,000,000 since I think this is more ideal to choose.  

[tbct_mt2]

Don't know what's the catch of 1% chance of forgetting all passwords, but still there's one percent so provably that there's small chance that person will still forget their accounts especially they have created lots of account on different casinos.

If you create all your passwords randomly with password manager softwares, you can not remember them.

[GUIDE] How to Create a Strong/Secure Password
Are your passwords in the green?

Create a memorable password is not recommended and if you do it, it needs to be limit to one or two accounts, not more. You can not remember many passwords and another risk is if you manually create your passwords, you can fall to a pattern and make your passwords are no longer strong enough.

[TopTort777]

Hey BFG lovers When nothing happens to BFG token, you discuss it, when BFG token price lost almost 1/5 of its value in few days nobody even notice it or keep silent about. I have no clue why BFG now cost ~0.016 instead of ~0.020, when whole market seems to be recovering. Almost every altcons gained from 5% to 10% last 24h, BFG sits shy in the corner with 0.1% price increase

[AbuBhakar]

Hey BFG lovers When nothing happens to BFG token, you discuss it, when BFG token price lost almost 1/5 of its value in few days nobody even notice it or keep silent about. I have no clue why BFG now cost ~0.016 instead of ~0.020, when whole market seems to be recovering. Almost every altcons gained from 5% to 10% last 24h, BFG sits shy in the corner with 0.1% price increase

I forgot already when is the unlock period of those token that avail x2 reward in exchange for locking their token for a year.

The APY for mining BFG is high which is very good for farming tokens maybe this is the reason why the price won’t go up because many users is just mining it.

It’s already an achievement to become less price decrease despite having a mining feature with good APY.

[babygun]

Hey BFG lovers When nothing happens to BFG token, you discuss it, when BFG token price lost almost 1/5 of its value in few days nobody even notice it or keep silent about. I have no clue why BFG now cost ~0.016 instead of ~0.020, when whole market seems to be recovering. Almost every altcons gained from 5% to 10% last 24h, BFG sits shy in the corner with 0.1% price increase

I don’t follow the BFG price closely as I prefer to hold most of my tokens to profit from the daily dividend system. But seems a bit weird that the price would drop with about 20% without any apparent reason. Hopefully it will rebounf in the next couple of days.

[Zadicar]

Hey BFG lovers When nothing happens to BFG token, you discuss it, when BFG token price lost almost 1/5 of its value in few days nobody even notice it or keep silent about. I have no clue why BFG now cost ~0.016 instead of ~0.020, when whole market seems to be recovering. Almost every altcons gained from 5% to 10% last 24h, BFG sits shy in the corner with 0.1% price increase

I don’t follow the BFG price closely as I prefer to hold most of my tokens to profit from the daily dividend system. But seems a bit weird that the price would drop with about 20% without any apparent reason. Hopefully it will rebounf in the next couple of days.

Drops could happen without any reason behind and -20% in a day is never been that new or shocking on which considering that even if this one is a casino based token but still there would be those who do sell off their bags. I have seen that the number of stakers of their BFG on the site are many on which they've been that still believing that BFG token is worth to hold. The only thing that i do observe that it do only have that small amount of volume on daily trade.

[Wonder Work]

I don’t follow the BFG price closely as I prefer to hold most of my tokens to profit from the daily dividend system. But seems a bit weird that the price would drop with about 20% without any apparent reason. Hopefully it will rebounf in the next couple of days.

I don't understand how you're surprised by 20 percent. 20% doesn't seem like a giant candle. It's normal for things to happen like this, but I'm not sure if seeing it on a big scale is right. From my point of view, I never see it as such a big reason. You said it will bounce again in the next few days. This rising number will stay at the top because it will always be on top and never fall, this is impossible.

[Zwei]

🤔 Would you take that risk?

hell yeah, that's basically a guaranteed $1 mil with those odds. i would be stupid not to, hehehe.

Hey BFG lovers When nothing happens to BFG token, you discuss it, when BFG token price lost almost 1/5 of its value in few days nobody even notice it or keep silent about. I have no clue why BFG now cost ~0.016 instead of ~0.020, when whole market seems to be recovering. Almost every altcons gained from 5% to 10% last 24h, BFG sits shy in the corner with 0.1% price increase

I don’t follow the BFG price closely as I prefer to hold most of my tokens to profit from the daily dividend system. But seems a bit weird that the price would drop with about 20% without any apparent reason. Hopefully it will rebounf in the next couple of days.

someone obv been dumping some of their holdings. BFG trading volume is kinda small ($20k ~ $50k in the last 24 hours) so someone selling/buying a good amount would have a big impact on the price.

[blockman]

🤔 Would you take that risk?

This confuses me. If I choose to have 99% of winning then I am going to take the consequence of having 1% chance of forgetting all of my passwords? or do I only need to choose one? if it's the option then I'd take the gamble of having that 99% chance of winning a million dollars. But if having 1% chance of losing of passwords for having this choice then that's going to be an easy choice, we're gamblers and we're taking chances although it's scary if that 1% chance of losing them all hits us.

[leonair]

🤔 Would you take that risk?

This confuses me. If I choose to have 99% of winning then I am going to take the consequence of having 1% chance of forgetting all of my passwords? or do I only need to choose one? if it's the option then I'd take the gamble of having that 99% chance of winning a million dollars. But if having 1% chance of losing of passwords for having this choice then that's going to be an easy choice, we're gamblers and we're taking chances although it's scary if that 1% chance of losing them all hits us.

In gambling, everyone always tries to do something big, they don't think about whether they can withdraw it or not. Winning is a great fun. I think op means that if you press the button where there is a 99% chance of winning, there is a 1% chance of forgetting the password. We all set a password carefully. Which we never try to forget. So we will never care about forgetting the password, but if there is a 99% chance of winning, then of course we will take this opportunity, there is no doubt about it.

[|MINER|]

money laundering had nothing to do with it really (maybe a little bit) but the main reason KYC is mandatory on almost every casino now imo is because the crypto gambling industry has been growing year after year at an insane speed.
so regulators/authorities pretty much had to jump in and stop ignoring it and the pressure from them is what forced casinos to get in line and follow the rules that have always been there if they want to stay in business.

I can't agree with you at all, because I have read many articles so far and most of these related articles mention the reduction of illegal activities and money laundering as one of the top reasons behind making KYC verification mandatory for casinos. I don't know from which perspective you are saying that money laundering had nothing to do with kyc verifications. here is one source

Hey BFG lovers When nothing happens to BFG token, you discuss it, when BFG token price lost almost 1/5 of its value in few days nobody even notice it or keep silent about. I have no clue why BFG now cost ~0.016 instead of ~0.020, when whole market seems to be recovering. Almost every altcons gained from 5% to 10% last 24h, BFG sits shy in the corner with 0.1% price increase

No worries all the altcoins will gonna come back soon  .
By the way, Comparing us to other altcoins like betting or gambling coins would not work because gambling coins are not as easy to survive as other coins, like you won't find them on any good exchangers plus their adoption rate is also low. So in most cases it is seen that Gambling Utility Tokens are much slower than other coins in terms of recovery or pump.