Silberman
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July 05, 2021, 10:25:38 PM |
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On the other hand, I don't understand why everyone is so angry about these verifications, it's not like the casino will expose your data to the media,
It's because it's not how crypto-gambling sites should be. It's totally different from other crypto platforms like crypto exchanges. Gamblers shift into crypto gambling because of the advantages of using crypto. Gambling sites should not be mandated just like the crypto exchanges. KYC shouldn't be a necessary requirement when we want to play on crypto-gambling sites. Remember that there are lots of gambling sites and on average, we do gamble to at least more than 5 of them. Will you comply with KYC at all sites you are using if they will ask you to do it even you are just a casual gambler or small bettor? Well unfortunately things change, at the beginning when the gambling industry on this market was just starting out they could get away with not asking for KYC, but once they became big enough the governments came knocking at their door and forced them to do it, this is nothing new and this is something governments do all the time, but fortunately things are not so bad, if you are just a recreational player gambling in a casino that cares about their customers then most likely you will not have to go through any KYC process, but if you are using a lot of money or win a lot of money then this could be something inevitable you will have to go through.
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goinmerry
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July 05, 2021, 11:45:04 PM |
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but once they became big enough the governments came knocking at their door and forced them to do it, this is nothing new and this is something governments do all the time,
For real mate? I'm not aware if a crypto gambling site already imposed with that policy. What are those sites that become big now and government ask them to do KYC to their users? Is this really happen on a crypto-gambling websites? KYC is a bad practice if a user just wants to play on a certain site. It's hard to attract gamblers if upon registration, they will ask to undergo KYC. Gamblers are everywhere and before picking a site, they are testing it first. KYC will be their obstacles so if they found a site that is like that, they will skip using it without even testing.
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just_Alice
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July 06, 2021, 11:59:05 PM |
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On the other hand, I don't understand why everyone is so angry about these verifications, it's not like the casino will expose your data to the media,
It's because it's not how crypto-gambling sites should be. It's totally different from other crypto platforms like crypto exchanges. Gamblers shift into crypto gambling because of the advantages of using crypto. Gambling sites should not be mandated just like the crypto exchanges. KYC shouldn't be a necessary requirement when we want to play on crypto-gambling sites. Remember that there are lots of gambling sites and on average, we do gamble to at least more than 5 of them. Will you comply with KYC at all sites you are using if they will ask you to do it even you are just a casual gambler or small bettor? Well unfortunately things change, at the beginning when the gambling industry on this market was just starting out they could get away with not asking for KYC, but once they became big enough the governments came knocking at their door and forced them to do it, this is nothing new and this is something governments do all the time, but fortunately things are not so bad, if you are just a recreational player gambling in a casino that cares about their customers then most likely you will not have to go through any KYC process, but if you are using a lot of money or win a lot of money then this could be something inevitable you will have to go through. Why do you think it's the government that forced to demand KYC? IMO it doesn't make any sense because numerous unlicensed casinos still require KYC verification, and the fact that this requirement comes upon big wins, especially with bonuses makes it even more strange. Why would the government care who uses the bonuses and who wins what? The way I see it and the way @harizen described it and I think he's probably right, is that KYC is something casinos want for themselves and many use it to, basically, create a huge pain in the ass in order to withdraw funds after big wins. Indeed, I know several cases where people just gave up hundreds of $ on their balance because they've had a really hard time passing the KYC verification, with numerous naggings, rejections, which eventually led to unsubstantiated bans. On a positive note, not all casinos are like that, sometimes KYC goes very easily and smoothly, with no funny business involved.
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Botnake
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July 07, 2021, 12:58:42 PM |
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On the other hand, I don't understand why everyone is so angry about these verifications, it's not like the casino will expose your data to the media,
It's because it's not how crypto-gambling sites should be. It's totally different from other crypto platforms like crypto exchanges. Gamblers shift into crypto gambling because of the advantages of using crypto. Gambling sites should not be mandated just like the crypto exchanges. KYC shouldn't be a necessary requirement when we want to play on crypto-gambling sites. Remember that there are lots of gambling sites and on average, we do gamble to at least more than 5 of them. Will you comply with KYC at all sites you are using if they will ask you to do it even you are just a casual gambler or small bettor? Well unfortunately things change, at the beginning when the gambling industry on this market was just starting out they could get away with not asking for KYC, but once they became big enough the governments came knocking at their door and forced them to do it, this is nothing new and this is something governments do all the time, but fortunately things are not so bad, if you are just a recreational player gambling in a casino that cares about their customers then most likely you will not have to go through any KYC process, but if you are using a lot of money or win a lot of money then this could be something inevitable you will have to go through. Why do you think it's the government that forced to demand KYC? IMO it doesn't make any sense because numerous unlicensed casinos still require KYC verification, and the fact that this requirement comes upon big wins, especially with bonuses makes it even more strange. Why would the government care who uses the bonuses and who wins what? The way I see it and the way @harizen described it and I think he's probably right, is that KYC is something casinos want for themselves and many use it to, basically, create a huge pain in the ass in order to withdraw funds after big wins. Indeed, I know several cases where people just gave up hundreds of $ on their balance because they've had a really hard time passing the KYC verification, with numerous naggings, rejections, which eventually led to unsubstantiated bans. On a positive note, not all casinos are like that, sometimes KYC goes very easily and smoothly, with no funny business involved. That could be some of the reasons that we have to consider, have to put it this way if a casino is really required to impose KYC on its clients, then it should not be limited to some people only, and their policy should be based on what the regulators impose to them to implement. Win big and you'll be required with KYC, isn't it disappointing? I mean, instead of aiming to win big, we have some doubts that if we win we might not be able to pass the KYC because we might fail, this should also be looked up as I've seen a lot of cases where people make a scam accusation on a site because they are suspected cheating or the accounts have abnormal movement, hence they are required and KYC and did not pass.
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carlisle1
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July 07, 2021, 04:51:43 PM |
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Why do you think it's the government that forced to demand KYC? IMO it doesn't make any sense because numerous unlicensed casinos still require KYC verification, and the fact that this requirement comes upon big wins, especially with bonuses makes it even more strange. Why would the government care who uses the bonuses and who wins what?
The way I see it and the way @harizen described it and I think he's probably right, is that KYC is something casinos want for themselves and many use it to, basically, create a huge pain in the ass in order to withdraw funds after big wins. Indeed, I know several cases where people just gave up hundreds of $ on their balance because they've had a really hard time passing the KYC verification, with numerous naggings, rejections, which eventually led to unsubstantiated bans.
On a positive note, not all casinos are like that, sometimes KYC goes very easily and smoothly, with no funny business involved.
Not good with this kind of discussion but I see your point, why do government will ask for something that in the first place they are not involve with, speaking about those big winnings from the casinos and when you are in the process of withdrawing those money. Not for the government but for the house to have more time to investigate and see if there's some lapses with your accounts, maybe they are taking some time to delay the payments just saying. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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poldanmig
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July 07, 2021, 05:41:41 PM |
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Why do you think it's the government that forced to demand KYC? IMO it doesn't make any sense because numerous unlicensed casinos still require KYC verification, and the fact that this requirement comes upon big wins, especially with bonuses makes it even more strange. Why would the government care who uses the bonuses and who wins what?
I think KYC is a very important thing for an official casino that already has an official license from a government, in addition to keeping users safe both in withdrawals and also deposits of money, kyc can also be a way for the government or the casinos themselves to prevent underage gambling from happening because in my opinion underage gambling is a very sensitive subject in the gambling industry and there are no casinos legitimate ones who wish to promote it in any way. However, we still have to make sure that the casino that asks for the KYC has a valid permit and is supervised by the authorities of a country so that the data we provide will remain confidential.
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KTChampions
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July 07, 2021, 07:15:08 PM |
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I think KYC is a very important thing for an official casino that already has an official license from a government, in addition to keeping users safe both in withdrawals and also deposits of money, kyc can also be a way for the government or the casinos themselves to prevent underage gambling from happening because in my opinion underage gambling is a very sensitive subject in the gambling industry and there are no casinos legitimate ones who wish to promote it in any way. However, we still have to make sure that the casino that asks for the KYC has a valid permit and is supervised by the authorities of a country so that the data we provide will remain confidential.
Are you talking about crypto casinos or those that use fiat? They have fundamentally different ideologies, and even if you just think logically, there is no point in using cryptocurrency in a casino that is completely in the legal field. But since we use crypt, then we have our own special expectations from the casino and we clearly do not want KYC and other procedures imposed by the government.
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LUCKMCFLY
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July 08, 2021, 07:44:10 PM |
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I think KYC is a very important thing for an official casino that already has an official license from a government, in addition to keeping users safe both in withdrawals and also deposits of money, kyc can also be a way for the government or the casinos themselves to prevent underage gambling from happening because in my opinion underage gambling is a very sensitive subject in the gambling industry and there are no casinos legitimate ones who wish to promote it in any way. However, we still have to make sure that the casino that asks for the KYC has a valid permit and is supervised by the authorities of a country so that the data we provide will remain confidential.
There is something to note about this topic, first of all, nobody likes to give their data and details because there are many who are fascinated by privacy and anonymity, when it comes to requirements imposed by a government, people are usually irreverent , and most licenses limit. the freedom of the people, that is, that is when the restrictions and prohibited countries come out, in addition, the authenticity of a casino is compromised by not having said licenses, since they begin to suspect the confidence of the casino, in this case, I believe that it is the greatest of all obligations on the part of the casino to follow the KYC requirements, although it is not fair, unfortunately casinos must follow some rules and those are the ones imposed by KYC.
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Maslate
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July 08, 2021, 09:00:46 PM |
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I think KYC is a very important thing for an official casino that already has an official license from a government, in addition to keeping users safe both in withdrawals and also deposits of money, kyc can also be a way for the government or the casinos themselves to prevent underage gambling from happening because in my opinion underage gambling is a very sensitive subject in the gambling industry and there are no casinos legitimate ones who wish to promote it in any way. However, we still have to make sure that the casino that asks for the KYC has a valid permit and is supervised by the authorities of a country so that the data we provide will remain confidential.
Are you talking about crypto casinos or those that use fiat? They have fundamentally different ideologies, and even if you just think logically, there is no point in using cryptocurrency in a casino that is completely in the legal field. But since we use crypt, then we have our own special expectations from the casino and we clearly do not want KYC and other procedures imposed by the government. That's our expectations but things have changes already since crypto casinos now can demand KYC already. Lots of crypto casinos that state they demand KYC, but we also see a lot of crypto casinos that does not demand any, so we have a choice, but we can never say that crypto casinos do not demand KYC as it still depends on their regulators, and they just have to follow in order for their business to operate legally.
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Fatunad
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July 08, 2021, 11:50:25 PM |
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I think KYC is a very important thing for an official casino that already has an official license from a government, in addition to keeping users safe both in withdrawals and also deposits of money, kyc can also be a way for the government or the casinos themselves to prevent underage gambling from happening because in my opinion underage gambling is a very sensitive subject in the gambling industry and there are no casinos legitimate ones who wish to promote it in any way. However, we still have to make sure that the casino that asks for the KYC has a valid permit and is supervised by the authorities of a country so that the data we provide will remain confidential.
Are you talking about crypto casinos or those that use fiat? They have fundamentally different ideologies, and even if you just think logically, there is no point in using cryptocurrency in a casino that is completely in the legal field. But since we use crypt, then we have our own special expectations from the casino and we clearly do not want KYC and other procedures imposed by the government. That's our expectations but things have changes already since crypto casinos now can demand KYC already. Lots of crypto casinos that state they demand KYC, but we also see a lot of crypto casinos that does not demand any, so we have a choice, but we can never say that crypto casinos do not demand KYC as it still depends on their regulators, and they just have to follow in order for their business to operate legally. Wont really have any choice if those casinos would be imposing new rules or terms when it comes on asking kyc just because they had mandated to do so and as a business then its just normal that they would really be abiding with the rules since the business would really be at stake on here and if we do hate up KYC then we can always switch up to another one and if we do consider on how many casinos that we do have then i can say that there would be no shortage in terms of that because there are lots of choices for you to do so. If you are really that badly like on the site you are currently playing and suddenly make out those changes then you do need to deal with the terms.
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