BK8 - Biggest and Most Trusted Brand. Asia's #1 Crypto online casino BTC & USDT

[delfastTions]

-snip-

Dude you too much writing about KYC, It's on terms & conditions + most of the casino is website registered (centralized) like it or not you can always ask KYC anytime soon. We already seeing many example from some case and T&C rules in here.
~

What’s actually wrong with the fact that I write a lot about KYC? 
When it comes to payments with cryptocurrency, this is a very important issue for many people and casino players.  If it doesn't mean anything to you, then why should you use cryptocurrency at all?  Use fiat curre
encies.  It’s much simpler, you don’t have to think at all about the exchange and transfer speed, about the commission, which, it’s true, can be large even in fiat.  I have no doubt that millions of people who play in casinos need to remain anonymous for completely different reasons.  People who don’t know about it can only guess about these reasons, and if you don’t  live in a country where these reasons are important, then you don’t know anything about them.  And yes, of course I don’t like that casinos are introducing KYC verification more and more.  And many players are forced to stop playing in good casinos precisely because of these regulatory requirements.

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[roycilik]

Anway guys, did you get a good prize from wheel ? 10x still nothing ~XD only Rp.5.

The First Time I got "Lucky 88" LOL

[ryzaadit]

-snip-

Dude, did you know?

The casino you are advertiser is required (KYC) go look their term & condition. Any casino-site who are required you regitser to their site is always 99% have KYC-policy (they always noted you, in-some condition). You want to really without KYC, you should go to decentralized casino while everything is on-chain (most the time is on-chain dice or jackpot with RTP).
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You can write about, you don't like KYC in casino. But the reality they can ask you KYC, like it or not.

-snip-

Keep going, maybe you can get special prize ~XD

[delfastTions]

-snip-

Dude, did you know?

The casino you are advertiser is required (KYC) go look their term & condition. Any casino-site who are required you regitser to their site is always 99% have KYC-policy (they always noted you, in-some condition). You want to really without KYC, you should go to decentralized casino while everything is on-chain (most the time is on-chain dice or jackpot with RTP).
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You can write about, you don't like KYC in casino. But the reality they can ask you KYC, like it or not.

Yeah, it’s all clear that you write about 99% KYC. 

Let's take a philosophical approach to the issue. 
Why should players play using cryptocurrencies and not remain anonymous?  Wouldn't it be easier for them to just use $ or local currencies?  In my opinion it’s simpler and more reliable. 
Only people who have large fortunes in cryptocurrency can place serious bets in casinos.  But such players do not need to lose anonymity at all.  So we have an obvious contradiction.  Either big bets, identity verification and fiat, or small bets, cryptocurrency and anonymity.  And if the game involves cryptocurrency, identity verification and large bets, then such actions by whales and wealthy crypto owners are simply stupid.

[ryzaadit]

-snip-

First: It's a legal issue.
Second: It's a business scheme.
Third: Cryptocurrency, It's being used for payment-gateway only. It's not always about privacy, why casino choose crypto ? It's because the transaction can be do anymore and anytime (Not it's because privacy).

Like I said, you like it or not. KYC is always being implemented on any casino with website-register, If you care about (KYC) so much and anonymity why played on casino who required (KYC) + Signature Casino with KYC ?

Final response and move on.

[Bitinity]

-snip-

Dude, did you know?

The casino you are advertiser is required (KYC) go look their term & condition. Any casino-site who are required you regitser to their site is always 99% have KYC-policy (they always noted you, in-some condition). You want to really without KYC, you should go to decentralized casino while everything is on-chain (most the time is on-chain dice or jackpot with RTP).
--
You can write about, you don't like KYC in casino. But the reality they can ask you KYC, like it or not.

Yeah, it’s all clear that you write about 99% KYC. 

Let's take a philosophical approach to the issue. 
Why should players play using cryptocurrencies and not remain anonymous?  Wouldn't it be easier for them to just use $ or local currencies?  In my opinion it’s simpler and more reliable. 
Only people who have large fortunes in cryptocurrency can place serious bets in casinos.  But such players do not need to lose anonymity at all.  So we have an obvious contradiction.  Either big bets, identity verification and fiat, or small bets, cryptocurrency and anonymity.  And if the game involves cryptocurrency, identity verification and large bets, then such actions by whales and wealthy crypto owners are simply stupid.

The question is, was crypto created for people to gamble anonymously? I dont think so, afaik crypto was created as an anonymous peer to peer payment gateway which I understand it as payment between a person to other person not a person to a company. When it comes to transaction between person to company or vice versa, while the company is licensed or regulated then there must be a term that cant be avoided by the company. We as customers of the company should follow the terms, if we cant follow it then simply we should not use it.

[masulum]

-snip- When it comes to transaction between person to company or vice versa, while the company is licensed or regulated then there must be a term that cant be avoided by the company. We as customers of the company should follow the terms, if we cant follow it then simply we should not use it.

KYC, at BK8 is actually not really restricted, because you can withdraw large amounts of money from winnings ( i believe you've already experienced it), without having to provide personal identity, As long as the winnings are purely from deposits and games that are not suspicious, with email and cellphone number, BK8 can accept withdrawal requests.

On the other hand as your response i totally agree, in corporate needs, apart from legal matters, KYC is needed for personalized marketing, product offerings and sales process. With systems such as CRM, ERP, automation and so on that are connected to marketing and sales systems, KYC is needed to be able to send offers to the right customers. This is to minimize errors in providing programs and benefits to users. And this applies not only to casinos, but to all companies.

[ryzaadit]

By the way.

Does anyone have some luck? on the wheel-spin. Shit, all of my spin only (5 IDR) and the only person who got lucky enough is @roycilik with 88 IDR. I see the history prize, each day we always have some people who win the special-prize and (Iphone).

Crazy to see that, because we don't know the maximum amount of the prize (Special Prize & Iphone).

[livingfree]

This is to minimize errors in providing programs and benefits to users. And this applies not only to casinos, but to all companies.

I guess BK8 and other casinos don't really want to ask their customers to go through with KYC but with legality speaking and all points mentioned by you guys are on point. I'm not here to disagree or argue and I'd agree with most things that you've said.

As much as they want all of us not go through with it, they have no option too since they're a registered trademark and they're just following laws where they operate and at same time, it's a pressure on them as well.

And with the quote of what masulum said, IMO that's what we can think of one of the good things why it's required on their end. To determine whom they're going to send offers, bonuses, etc. specifically based on the data that's sent to them by their users.

[ryzaadit]

-snip-

They have (KYC)

However, they have a basic (KYC) like only phone-number. In-case they need somethings like ID/other document they will have right to ask with you. KYC things with ID or document is always happening.

So, always get ready.

[delfastTions]

On the other hand as your response i totally agree, in corporate needs, apart from legal matters, KYC is needed for personalized marketing, product offerings and sales process. With systems such as CRM, ERP, automation and so on that are connected to marketing and sales systems, KYC is needed to be able to send offers to the right customers. This is to minimize errors in providing programs and benefits to users. And this applies not only to casinos, but to all companies.

This probably helps the casino itself conduct personalized marketing. 
This seems to be true. 

But BK8 relatively recently introduced the possibility of using cryptocurrencies, probably only about 3 years ago?  So it’s interesting to find out what was the basis for such an expansion of their business.  As I think, cryptopayments in BK8’s work take up a small part of their total financial flows.  Still, the majority of pl ayers use fiat money, local currencies. 
Also, the use of crypto is associated with quite great difficulties due to the unclear and contradictory local legislation of the jurisdiction in which the casino operates.

[masulum]

But BK8 relatively recently introduced the possibility of using cryptocurrencies, probably only about 3 years ago?  So it’s interesting to find out what was the basis for such an expansion of their business.  As I think, cryptopayments in BK8’s work take up a small part of their total financial flows.  Still, the majority of pl ayers use fiat money, local currencies. 
Also, the use of crypto is associated with quite great difficulties due to the unclear and contradictory local legislation of the jurisdiction in which the casino operates.

Business expansion is beyond my knowledge and I don't really understand why BK8 entered this market. but one thing I know based on business in general. The service expansion carried out by the company is to get new users with new target user segments. In this case, BK8 targets is crypto gamblers or gamblers who are more likely to use crypto for deposits and withdrawals. Even if there are only 10% from total users, it is a facility that needs to be maintained, because this expansion will produce win-win solutions for users and for BK8 it definitely has a positive growth forecast so it has been maintained so far.

[ryzaadit]

The event wheel still a bad result.

Until now still give me a reward Rp.5 ~XD atleast give me Rp.88 to give the excited, damn seing these recent winners makes me envy. Do people already not playing on BK8 ? or just me and @roycilik who are trying the wheel ?.

[panjul07]

The event wheel still a bad result.

Until now still give me a reward Rp.5 ~XD atleast give me Rp.88 to give the excited, damn seing these recent winners makes me envy. Do people already not playing on BK8 ? or just me and @roycilik who are trying the wheel ?.

Perhaps the wheel works like most other wheel in other casinos where the more you deposit or the more you wager will give you better chance to win bigger reward.
I do not participate in this wheel and I have to be honest that I do not play in bk8 since long time ago, I'm gambling in casinos where I see there is a good promotion that may give me better chance to make additional money such as contest.
Maybe there are some other users from this forum who are still playing in bk8 but they do not share their experience due to privacy reason.

[livingfree]

-snip-

They have (KYC)

However, they have a basic (KYC) like only phone-number. In-case they need somethings like ID/other document they will have right to ask with you. KYC things with ID or document is always happening.

So, always get ready.

Right mate.

Although these details are not that much to ask but still a KYC process compared to the usual KYC that's being asked to us with ID. But you're right, that some follow ups might happen.

And it can be there to be asked but as long as they're not asking for it, that's even nicer.

[ryzaadit]

-snip-

Pure-luck ~XD

My luck is really shit, while playing these game. I have deposit around 300-400$ for this month, these wheel even required you deposit at least 8$/weeks to spin the wheel. That's mean you have cashback around Rp. 35,000 ~XD.

Not bad to test your luck.

[delfastTions]

But BK8 relatively recently introduced the possibility of using cryptocurrencies, probably only about 3 years ago?  So it’s interesting to find out what was the basis for such an expansion of their business.  As I think, cryptopayments in BK8’s work take up a small part of their total financial flows.  Still, the majority of pl ayers use fiat money, local currencies. 
Also, the use of crypto is associated with quite great difficulties due to the unclear and contradictory local legislation of the jurisdiction in which the casino operates.

Business expansion is beyond my knowledge and I don't really understand why BK8 entered this market. but one thing I know based on business in general. The service expansion carried out by the company is to get new users with new target user segments. In this case, BK8 targets is crypto gamblers or gamblers who are more likely to use crypto for deposits and withdrawals. Even if there are only 10% from total users, it is a facility that needs to be maintained, because this expansion will produce win-win solutions for users and for BK8 it definitely has a positive growth forecast so it has been maintained so far.

By the way, it’s true, maybe the BK8 devs thought that more and more people are starting to use cryptocurrencies and it’s time to start exploring this market.  And attract new players to play in this casino who own cryptocurrency, but do not want to convert it into fiat money.  It is clea r that there can be many reasons.  Then this expansion of opportunities to bet with cryptocurrency is understandable. 

But, again, I repeat, the legislative uncertainty of the status of cryptocurrencies in casino jurisdictions clearly poses a rather big problem. 
I believe that the BK8 dvs realized that they could cope with such problems successfully. 
That would be great if that's the case.

[mu_enrico]

these wheel even required you deposit at least 8$/weeks to spin the wheel. That's mean you have cashback around Rp. 35,000 ~XD.

Not bad to test your luck.

$8/week combined with the local promotion: https://bitcointalk.org/index.php?topic=5471843.0 is a no-brainer.
You can do 7 times wheel spin (minimum) plus get a raffle spot with only 16 participants.
For those who wished for promotion, this has the best value, hence the best promotion IMO.

[ryzaadit]

-snip-

Shit, I don't know these.

Thank you for sharing, I will post for my entry ~XD. The chance win will be higher, due we will have less people who are trying to join the contest. I just watch the recent win from the wheel.

Most the time now (Rp.5), I guess Iphone and other special prize has been fully claim.

[roycilik]

The chance win will be higher, due we will have less people who are trying to join the contest.

Please note that a minimum of 10 participants
There are 3 winners, so there is a high chance to win the prizes