Crypto-Casinos and KYC

[Reid]

I'd agree with wallet KYC's but never with online gambling sites.
It's one of the perks of using them and I'd very much like to let it stay that way.
I guess most of us would have the same opinion about it.

But, when it comes to withdrawal and a big portion of the money, maybe I'll be forced to do it. It won't hurt if it will be a one-time KYC but it would also cost them one customer as I would just look for a better site that won't let me do the same track.

[1715552541]

1715552541

[Joca97]

Honestly i wouldnt gamble in a crypto casino that asks me for KYC but if i got big cashout i guess i will have to give it.
But i prefer the ones that dont ask for it

[hahay]

Basically online gambling sites if they ask for KYC then of course I will leave. This applies to both about crypto and fiat online gambling, if you are still going to give your KYC on a famous fiat online gambling site but for me, when it comes to KYC in online gambling then of course they have the same goal regarding security and also, they can Just do the same thing like changing staff frequently so anything can still happen even if it's a famous gambling site. So, the answer to your two questions is NO, I never feel comfortable if KYC is required on all gambling sites.

[ReiMomo]

Honestly i wouldnt gamble in a crypto casino that asks me for KYC but if i got big cashout i guess i will have to give it.
But i prefer the ones that dont ask for it

That's it, even on my side and when I'm using cryptocurrencies to gamble. When is the word decentralized in cryptocurrency if there is a KYC thing upon using gambling sites. I guess the good thing is to disable the cryptocurrencies option upon withdrawal and deposit if there's a KYC verification on our account.

I'd rather stay away on that gambling site find another one, I guess not all gambling sites that impose KYC implementation on their users. No, I don't feel safe giving my identities to the sites that didn't have enough reputation to trust. As much as I have an option to choose another one, I'd better switch to another house to stay and play.

[Rengga Jati]

Actually,  it is quite hard to decide because doing KYC is very risky,  morever should involve our real identity nationality.  Personally,  I will prefer to non KYC platform.  Because it will not need to think about who we are playing that game or bet in the platform. 
About safe or not,  it will depend on the platform.  Most platforms will tell that they are secure,  but we cannot guarantee.  Besides,  they are real reputable and trusted platforms.

[Vaskiy]

Actually,  it is quite hard to decide because doing KYC is very risky,  morever should involve our real identity nationality.  Personally,  I will prefer to non KYC platform.  Because it will not need to think about who we are playing that game or bet in the platform. 
About safe or not,  it will depend on the platform.  Most platforms will tell that they are secure,  but we cannot guarantee.  Besides,  they are real reputable and trusted platforms.

As stated in the post, it all depends on the reputation and the trust of that particular platform. If it is a new site, surely I'll think of giving KYC. Data gathering is a big business, even our data can get shared. I've seen different gambling sites getting launched with perfect functioning and gets ended within few weeks time. Those sites might've made money through the collected data.

[Mahanton]

Actually,  it is quite hard to decide because doing KYC is very risky,  morever should involve our real identity nationality.  Personally,  I will prefer to non KYC platform.  Because it will not need to think about who we are playing that game or bet in the platform. 
About safe or not,  it will depend on the platform.  Most platforms will tell that they are secure,  but we cannot guarantee.  Besides,  they are real reputable and trusted platforms.

As stated in the post, it all depends on the reputation and the trust of that particular platform. If it is a new site, surely I'll think of giving KYC. Data gathering is a big business, even our data can get shared. I've seen different gambling sites getting launched with perfect functioning and gets ended within few weeks time. Those sites might've made money through the collected data.

We can eventually spot out which site is a legit one and which one is just trying to scam out or shady basing on the website performance alone when we do try to look
in terms of website design, functionality, games offered and how the management do handle out community queries.We would really be able to tell the difference
if they are really running some serious business or just showing off some obvious movements that they are just trying to accumulate out personal information.
People would really always have bad impressions about kyc at first launched where this do totally opposes on why we are here on crypto space.

[Joca97]

Honestly i wouldnt gamble in a crypto casino that asks me for KYC but if i got big cashout i guess i will have to give it.
But i prefer the ones that dont ask for it

That's it, even on my side and when I'm using cryptocurrencies to gamble. When is the word decentralized in cryptocurrency if there is a KYC thing upon using gambling sites. I guess the good thing is to disable the cryptocurrencies option upon withdrawal and deposit if there's a KYC verification on our account.

I'd rather stay away on that gambling site find another one, I guess not all gambling sites that impose KYC implementation on their users. No, I don't feel safe giving my identities to the sites that didn't have enough reputation to trust. As much as I have an option to choose another one, I'd better switch to another house to stay and play.

So far betting on sportsbet a lot they still didnt ask me for any sort of verifaction. Betting on that sportsbook from day 1 and didnt have any problems at all. With nitrogensports as well. Roobet now asked me for my country and those stuff few days ago

[AmoreJaz]

Actually,  it is quite hard to decide because doing KYC is very risky,  morever should involve our real identity nationality.  Personally,  I will prefer to non KYC platform.  Because it will not need to think about who we are playing that game or bet in the platform.  
About safe or not,  it will depend on the platform.  Most platforms will tell that they are secure,  but we cannot guarantee.  Besides,  they are real reputable and trusted platforms.

so for those gamblers who prefer not to undergo KYC, why not play in reputable casinos here? a lot of them don't require KYC unless you are a big whale. so before sending large amount of money, make sure that you read their ToS.
on my end, i prefer not to play on a casino that will require KYC before withdrawal. you are already playing in a crypto casino, so why play in a kyc-required casino? it is just the same as you are playing in a fiat-based casino.
in all honesty, i don't feel safe and secure sending my docs to unknown owners. we don't know the people behind in almost all casinos here and what possibly they can do to our data. we are only relying on their built reputation. i prefer not to send my docs as much as possible.

[passwordnow]

Majority of us would say that it's a no when a casino asks for a KYC before the withdrawal. Well, if the situation is justifiable by the casino and they have a valid reason why they've done that to you or to me then probably that's just for the sake of withdrawal and then I won't gamble there anymore. But why would we gamble to a casino if they're mandatory going to ask for KYC even if you're not doing anything wrong. We don't like that type of casino and we feel unsafe sending our identities to them.

[magneto]

The answer to both of these questions is no.

I personally think that one of the main advantages that a crypto casino has over traditional ones is the fact that it offers KYC-free play. I simply do not see any reason to use them anymore if they were to also start verifying their users' identities for withdrawals. That is potentially deceptive and sites can even leverage that to hold onto user funds.

To address the second question, theoretically as long as the casino is regulated and registered it shouldn't matter. But that is almost never the case in the cryptospace and I'd rather not have my personal information out there for a random anonymous operator to see and use.

[Ryker1]

^[snip]
so for those gamblers who prefer not to undergo KYC, why not play in reputable casinos here?

Well, I know different gamblers have a different perspective of the way in choosing the right gambling site, some of them are afraid of KYC but there are some willing to undergo KYC or it is never minded to them. Perhaps this is a part of what we called, ^{[reputable gambling site]}, once we said reputable, it also regulated by the law, and of course, they have a license to operate and also regulated as well. What if KYC is one of their requirements to achieve their goals to becomes the most reputable gambling site, perhaps they will accept it and follow the law. However, there is nothing to worry about if someday all gambling will have this KYC implementation.

[Silberman]

I have 2 questions which I would like everyone to please answer and based on the answers can we can have a clear picture.

1- Would you gamble at a crypto-casino knowing it would ask you for KYC documents before withdrawal?

It depends, I mean if the casino is going to ask for my KYC information no matter what then I will simply avoid it and play in another casino with a reputation that is as good but that does not ask for KYC, however if I won a lot of money then I will take the bullet and accept going through it in order to receive my payment.

2-  Do you feel safe giving out your KYC to online crypto-casinos?

My feelings are irrelevant, what matters is what reputation the casino has, this is why I never bother with casinos with bad reputation as it will be a huge mistake to share your personal information with them.

[dunfida]

^[snip]
so for those gamblers who prefer not to undergo KYC, why not play in reputable casinos here?

Well, I know different gamblers have a different perspective of the way in choosing the right gambling site, some of them are afraid of KYC but there are some willing to undergo KYC or it is never minded to them. Perhaps this is a part of what we called, ^{[reputable gambling site]}, once we said reputable, it also regulated by the law, and of course, they have a license to operate and also regulated as well. What if KYC is one of their requirements to achieve their goals to becomes the most reputable gambling site, perhaps they will accept it and follow the law. However, there is nothing to worry about if someday all gambling will have this KYC implementation.

Majority is afraid with KYC and this is why gambling sites become popular on this forum because of decentralization where you can play without giving off your personal information unlike
into those typical fiat ones that we know.So regarding on the question about this? Of course we dont want those KYC to be implemented but since these businesses are regulated
then you would really be expecting something like this where government would really take involve and impose some restrictions and requirements for these businesses
to follow on.

[smyslov]

I have 2 questions which I would like everyone to please answer and based on the answers can we can have a clear picture.

1- Would you gamble at a crypto-casino knowing it would ask you for KYC documents before withdrawal?

My opinion: No, because fiat casinos offer much better services, odds, and games so I would never want to do KYC at a crypto casino and if I was going to do it, I would rather play at a fiat casino like bet365. There are countless options of exchanging your Bitcoins to skrill/neteller and deposit to play. I don't think that's a problem for anyone so unless crypto casinos offer better services, I won't play there if KYC is required. On top of everything else, the main reason why crypto was made was to keep ourselves anonymous and if crypto casinos should follow the same path.

If a player cheated the casino by any means, then the casino should just ban the player because asking for KYC is not going to solve the case.


2-  Do you feel safe giving out your KYC to online crypto-casinos?

My opinion: After the documents are sent, they go through a number of people and online casinos keep changing their staff from time to time and in some case, if a staff member knows my address and in case I am a high-roller I would be in some serious trouble because the staff member can track me and even blackmail me to some extent. I am ok with giving my identity to known sites like bet365 or williamhill but I am still not comfortable verifying myself at a lesser-known crypto casino.

You have a point but why play on a lesser-known casino, if you are a high roller play only on casinos that you can trust and you believe can protect your identity, in case they violate it you can charge them and they risk losing their license, KYC is risky but his is something you have to agree because it's one of the ways that gambling casinos are doing to protect themselves and to make sure that all their players are playing wth the rules they laid out.

[ene1980]

Mostly everyone here usually avoids casino who ask for mandatory KYC and then there are some casinos who asks to verify when you win big and i am skeptical about those casinos as well because they might be looking for ways to avoid paying the winner and we have seen many complaints here in the forum regarding that as they will target on the technicalities about banned countries and so on to avoid giving out the wins. I usually avoid those kind of casinos as well as it is better to inform the users about their general practice whether they will enforce or not before depositing the money.

[Twinkledoe]

Mostly everyone here usually avoids casino who ask for mandatory KYC and then there are some casinos who asks to verify when you win big and i am skeptical about those casinos as well because they might be looking for ways to avoid paying the winner and we have seen many complaints here in the forum regarding that as they will target on the technicalities about banned countries and so on to avoid giving out the wins. I usually avoid those kind of casinos as well as it is better to inform the users about their general practice whether they will enforce or not before depositing the money.

Since I am just a small time gambler, I guess, I won't have any problem with that.  But for those casinos that suddenly ask KYC because the player wins big, and it is not stated in their ToS that they will require KYC, then more than likely, they are just finding reasons on not to pay the player. So it is always better to play in the known and reputable casinos in the forum. You know, you will not be screwed as there are known users here in the forum that will willingly help you out with the situation.

[Hamphser]

Mostly everyone here usually avoids casino who ask for mandatory KYC and then there are some casinos who asks to verify when you win big and i am skeptical about those casinos as well because they might be looking for ways to avoid paying the winner and we have seen many complaints here in the forum regarding that as they will target on the technicalities about banned countries and so on to avoid giving out the wins. I usually avoid those kind of casinos as well as it is better to inform the users about their general practice whether they will enforce or not before depositing the money.

Since I am just a small time gambler, I guess, I won't have any problem with that.  But for those casinos that suddenly ask KYC because the player wins big, and it is not stated in their ToS that they will require KYC, then more than likely, they are just finding reasons on not to pay the player. So it is always better to play in the known and reputable casinos in the forum. You know, you will not be screwed as there are known users here in the forum that will willingly help you out with the situation.

Therefore, you shouldnt really play into those casinos which arent really popular so that you would able to avoid it in case you do win big but ive seen several sites now which does pay big winnings
no matter how big it is but they dont ask out any KYC or strings attached which is impressive.

But just like what others been saying that as regulations gets strict then you would really see these kind of changes in future years to come.
It isnt really that appealing but they dont have choice.

[tabas]

We don't have to settle for those casinos that gets to ask us for a KYC.

But just like what others been saying that as regulations gets strict then you would really see these kind of changes in future years to come.
It isnt really that appealing but they dont have choice.

We might not have a choice if they do that but we have a choice to choose another plaform that don't ask that much and we're free to deposit and withdraw anytime without being asked for a kyc.

[lienfaye]

Honestly i wouldnt gamble in a crypto casino that asks me for KYC but if i got big cashout i guess i will have to give it.
But i prefer the ones that dont ask for it

I also prefer to gamble in casinos that not asking for kyc, and its our right to refuse if we dont feel to abide and want to remain anonymous while playing. However there's an exception and that is if we have a big amount to cashout (just like what you've said) its necessary so I guess there's no choice but to comply.

Nevertheless we have an option on where to gamble thus if you're not into kyc then choose a casinos that are not asking for it since many of them still has no such regulatory requirement.