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Author Topic: Online gambling becomes popular  (Read 5937 times)
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June 04, 2021, 03:29:43 PM
 #221

We should be grateful that the government has not embraced crypto, therefore there are still many crypto gambling that provides anonymity
to its users. But this is true for a while, indeed one day in the end online gambling will enforce KYC. As exchanges are slowly starting to require
KYC procedures, but in a pandemic situation like now the government is still busy and focused on other things that are more important than dealing
with crypto gambling. So it's still a long time we will enjoy playing anonymously.
I'm sure like that, the KYC procedure will gradually apply to the crypto gambling industry because this will be an important regulation in the future, but nowadays it still enjoys anonymity which is still not enforced, even though many crypto industries don't implement the procedure. KYC to date is probably only part of what we see.
The pandemic situation is indeed a lot of work for the government that must be handled thoroughly, not only the digital industry, world trade, they are still taking care of it until the situation is restored, so we must be prepared for whatever comes next and hope that this anonymity will last for a long time.

R


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June 04, 2021, 03:31:33 PM
Merited by mv1986 (1)
 #222

I am sure that credible online gambling service providers will store your data with strict protection.
<cut>

I don't see how anyone can be sure of that. Any service can be compromised at some point, no matter how respectable it may seem.
It is always possible for rogue employees or third parties to leak data even if they employ the most advanced security measures. Last year, we experienced a similar issue with Ledger.

The following post from @1miau is well worth reading: Why KYC is extremely dangerous – and useless

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June 04, 2021, 10:49:27 PM
 #223

I am sure that credible online gambling service providers will store your data with strict protection.
<cut>

I don't see how anyone can be sure of that. Any service can be compromised at some point, no matter how respectable it may seem.
It is always possible for rogue employees or third parties to leak data even if they employ the most advanced security measures. Last year, we experienced a similar issue with Ledger.

The following post from @1miau is well worth reading: Why KYC is extremely dangerous – and useless


I am pretty damn sure that the post you commented on was just thrown out there for the sake of posting or to provoke everyone! Cheesy Who in his right mind thinks that gambling providers store our data safely once they have it? They aren't security companies. Hell, Facebook gets frequently hacked, the Pentagon got hacked, but this guy thinks his data is safe with gambling service providers. Nice! Cheesy
Thanks for sharing the link, will take the time to read it.

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June 05, 2021, 06:17:50 AM
 #224

The more popular Crypto is, of course the more popular online gambling sites are, this is still one of the entertainment or an alternative way to get income.
However I think this is as complementary in the crypto world as gambling with money in general, of course it will attract more people and become more popular with various types of games/gambling in it.
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June 05, 2021, 07:45:52 AM
 #225

The more popular Crypto is, of course the more popular online gambling sites are, this is still one of the entertainment or an alternative way to get income.
However I think this is as complementary in the crypto world as gambling with money in general, of course it will attract more people and become more popular with various types of games/gambling in it.
But at least we know when a crypto gambling site sponsors a soccer sports team, then at least it also makes the crypto world bigger and both make an impact to continue to be popular. Anyway, even though some people think gambling is something negative, the fact is that the gambling industry itself continues to increase and we can see crypto and fiat online gambling, both of which have active users in it.

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June 05, 2021, 08:45:40 AM
 #226

The more popular Crypto is, of course the more popular online gambling sites are, this is still one of the entertainment or an alternative way to get income.
However I think this is as complementary in the crypto world as gambling with money in general, of course it will attract more people and become more popular with various types of games/gambling in it.
Online gambling and crypto gambling had been tied up.

It was seen to be easy to gamble with cryptocurrencies because it is for everyone. Many casinos doesn't require KYC and you're free to gamble as much as you can.

No one will ask who you are, where you from when you gamble on a crypto casino and that's one reason why it became popular this pandemic times.



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June 05, 2021, 09:18:09 AM
 #227

The more popular Crypto is, of course the more popular online gambling sites are, this is still one of the entertainment or an alternative way to get income.
However I think this is as complementary in the crypto world as gambling with money in general, of course it will attract more people and become more popular with various types of games/gambling in it.
Online gambling and crypto gambling had been tied up.

It was seen to be easy to gamble with cryptocurrencies because it is for everyone. Many casinos doesn't require KYC and you're free to gamble as much as you can.

No one will ask who you are, where you from when you gamble on a crypto casino and that's one reason why it became popular this pandemic times.

I partly agree with you that crypto is easier to transfer to an online gambling site, but some of them may ask you to verify! Such stories are often found in both casinos and exchanges... All this is done to take your money!
That's why you should only use trustworthy sites!

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June 05, 2021, 09:24:36 AM
 #228

The more popular Crypto is, of course the more popular online gambling sites are, this is still one of the entertainment or an alternative way to get income.
However I think this is as complementary in the crypto world as gambling with money in general, of course it will attract more people and become more popular with various types of games/gambling in it.
Online gambling and crypto gambling had been tied up.

It was seen to be easy to gamble with cryptocurrencies because it is for everyone. Many casinos doesn't require KYC and you're free to gamble as much as you can.

No one will ask who you are, where you from when you gamble on a crypto casino and that's one reason why it became popular this pandemic times.

I partly agree with you that crypto is easier to transfer to an online gambling site, but some of them may ask you to verify! Such stories are often found in both casinos and exchanges... All this is done to take your money!
That's why you should only use trustworthy sites!
Yes, it's true that some of them may ask.

That's why I've said that many casinos don't ask for it but there's an understandable exception that a few of them might ask. I'm weighing more of those good casinos that don't ask for KYC.

Than those few that are asking it.



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June 05, 2021, 10:07:41 AM
 #229

We should be grateful that the government has not embraced crypto, therefore there are still many crypto gambling that provides anonymity
to its users. But this is true for a while, indeed one day in the end online gambling will enforce KYC. As exchanges are slowly starting to require
KYC procedures, but in a pandemic situation like now the government is still busy and focused on other things that are more important than dealing
with crypto gambling. So it's still a long time we will enjoy playing anonymously.
I'm sure like that, the KYC procedure will gradually apply to the crypto gambling industry because this will be an important regulation in the future, but nowadays it still enjoys anonymity which is still not enforced, even though many crypto industries don't implement the procedure. KYC to date is probably only part of what we see.
The pandemic situation is indeed a lot of work for the government that must be handled thoroughly, not only the digital industry, world trade, they are still taking care of it until the situation is restored, so we must be prepared for whatever comes next and hope that this anonymity will last for a long time.

Online gambling cannot be underestimated, its popularity is now in my opinion is increasing. Since the first time the circulation of money
in the gambling industry is very large, the government is actually aware of this. Therefore, in the future, the government will definitely want
to control online gambling, one of which is by enforcing the KYC procedure. As you said we do have to be prepared for that, because it is impossible
for online gambling to provide anonymity to its users forever. Since I'm used to using centralized exchanges that enforce KYC, so maybe I will also
get used to it if crypto gambling applies KYC too.

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June 05, 2021, 10:27:33 AM
 #230

It's no surprise that the online gambling will become popular with the COVID-19 I really think many people was forced to play online rather than going to gambling sites and many people are staying at home, I mean what else can we do. Luckily sports betting website that accepts cryptocurrency gives us anonymity while playing but of course licensed platforms may require you to complete KYC procedures as per their terms and conditions.
no one is forcing them to gamble online but it was their choice if they play online for a moment until the situation returns to normal or not but the situation now are less stricter than before and they can play gambling again offline if they follow the basic rules like wearing a mask ,
face shield and social distancing .
traditional gamblers are used to exposing thier selves outside and they can do the same when they play online , kyc or anonymyty shouldnt be a big problem to them
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June 05, 2021, 11:11:14 AM
 #231

It's no surprise that the online gambling will become popular with the COVID-19 I really think many people was forced to play online rather than going to gambling sites and many people are staying at home, I mean what else can we do. Luckily sports betting website that accepts cryptocurrency gives us anonymity while playing but of course licensed platforms may require you to complete KYC procedures as per their terms and conditions.
no one is forcing them to gamble online but it was their choice if they play online for a moment until the situation returns to normal or not but the situation now are less stricter than before and they can play gambling again offline if they follow the basic rules like wearing a mask ,
face shield and social distancing .
traditional gamblers are used to exposing thier selves outside and they can do the same when they play online , kyc or anonymyty shouldnt be a big problem to them
I suppose there is a difference between european and US casinos, right? In european casinos of course the age is checked, but apart from that there is nothing more required to provide to the casinos. Actually this is quite tricky, because in my opinion if they would track there customers better there are more options against problematic gambling.
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June 05, 2021, 11:23:56 AM
 #232

It's no surprise that the online gambling will become popular with the COVID-19 I really think many people was forced to play online rather than going to gambling sites and many people are staying at home, I mean what else can we do. Luckily sports betting website that accepts cryptocurrency gives us anonymity while playing but of course licensed platforms may require you to complete KYC procedures as per their terms and conditions.
no one is forcing them to gamble online but it was their choice if they play online for a moment until the situation returns to normal or not but the situation now are less stricter than before and they can play gambling again offline if they follow the basic rules like wearing a mask ,
face shield and social distancing .
traditional gamblers are used to exposing thier selves outside and they can do the same when they play online , kyc or anonymyty shouldnt be a big problem to them
I suppose there is a difference between european and US casinos, right? In european casinos of course the age is checked, but apart from that there is nothing more required to provide to the casinos. Actually this is quite tricky, because in my opinion if they would track there customers better there are more options against problematic gambling.

and it also depends on which part of europe you visit a casino. there are countries where they are not so careful with control and accessibility. somehow understandable, since every customer is a potential profit for the short or long term. in america casinos will be frequented because online gambling is often not allowed if you are a resident of the united states. then you should look elsewhere for your pleasure  Smiley

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June 05, 2021, 11:30:28 AM
 #233

No one will ask who you are, where you from when you gamble on a crypto casino and that's one reason why it became popular this pandemic times.
In some crypto gambling sites, KYC may be required when you wish to withdraw your fund. But we also have crypto casinos that don't require us to verify identities. Crypto gambling site have grown in popularity among the crypto community during the pandemic and I believe there has been a significant increase during that time. Regardless of the situation, one should consider depositing fund on a reputable site as many fraudulent site may be after players' money during this upgrade.

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June 05, 2021, 12:16:28 PM
 #234

In some crypto gambling sites, KYC may be required when you wish to withdraw your fund. But we also have crypto casinos that don't require us to verify identities. Crypto gambling site have grown in popularity among the crypto community during the pandemic and I believe there has been a significant increase during that time. Regardless of the situation, one should consider depositing fund on a reputable site as many fraudulent site may be after players' money during this upgrade.
The only Kyc I have done before was when I registered on bet365.com, I have registered on 3 betting sites before that time which are fiat betting sites, no kyc demanded for, but I think using credit cards to deposit is a means of kyc, but no kyc required. In crypto gambling sites, I have registered on three gambling sites, no kyc required, but it is in their rules for identity verification in their terms of service which would be because of certain reasons, but I have not filled in any personal identity before than email.

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June 05, 2021, 01:21:03 PM
 #235

The more popular Crypto is, of course the more popular online gambling sites are, this is still one of the entertainment or an alternative way to get income.
However I think this is as complementary in the crypto world as gambling with money in general, of course it will attract more people and become more popular with various types of games/gambling in it.
But still, trying to get income from gambling will not be suggested as we know that playing gambling needs luck and skills. If you do not have luck, you will not have a chance to win, but you might have a chance to win if you have skills in sports betting. People who often play on the offline casino will search the online casino, especially in this pandemic, because they can not freely go to the land-based casino. That is why the online casino has become popular now and still attracts many people to try playing online gambling games.

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June 05, 2021, 02:56:48 PM
 #236

The more popular Crypto is, of course the more popular online gambling sites are, this is still one of the entertainment or an alternative way to get income.
However I think this is as complementary in the crypto world as gambling with money in general, of course it will attract more people and become more popular with various types of games/gambling in it.
I'm not so sure about the popularity of crypto that makes people try online gambling
Gambling has become a habit of many people, it's hard to change

those who try crypto gambling are definitely looking for a different experience
then online gambling is increasingly popular in this pandemic period, especially crypto gambling

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June 05, 2021, 08:32:25 PM
 #237

No one will ask who you are, where you from when you gamble on a crypto casino and that's one reason why it became popular this pandemic times.
In some crypto gambling sites, KYC may be required when you wish to withdraw your fund. But we also have crypto casinos that don't require us to verify identities. Crypto gambling site have grown in popularity among the crypto community during the pandemic and I believe there has been a significant increase during that time. Regardless of the situation, one should consider depositing fund on a reputable site as many fraudulent site may be after players' money during this upgrade.
True and I've said that some of them may ask with the other reply that I did.

But the majority and reputable crypto casinos wouldn't you such because they're known for the reputation they have built and the demand of their customers about kyc.

That's why they're maintaining their stand and as much as they can will only ask if it is necessary.



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Rainbot
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June 05, 2021, 09:32:06 PM
 #238

The more popular Crypto is, of course the more popular online gambling sites are, this is still one of the entertainment or an alternative way to get income.
However I think this is as complementary in the crypto world as gambling with money in general, of course it will attract more people and become more popular with various types of games/gambling in it.
But still, trying to get income from gambling will not be suggested as we know that playing gambling needs luck and skills. If you do not have luck, you will not have a chance to win, but you might have a chance to win if you have skills in sports betting. People who often play on the offline casino will search the online casino, especially in this pandemic, because they can not freely go to the land-based casino. That is why the online casino has become popular now and still attracts many people to try playing online gambling games.
^ Just because most of the land-based casinos now are closed due to this pandemic and still very risky to go outside because you don't know who will be the career of the virus while when you are inside the casino. That it is, no were to run besides in online casino, as much as possible everything now is made on the internet as long as it can be online gambling is becoming popular just because of this. Nevertheless, on the online gambling casino sites they are rising now like a mushroom, probably they saw that having an online casino is a very profitable business.
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June 05, 2021, 10:26:40 PM
 #239

No one will ask who you are, where you from when you gamble on a crypto casino and that's one reason why it became popular this pandemic times.
In some crypto gambling sites, KYC may be required when you wish to withdraw your fund. But we also have crypto casinos that don't require us to verify identities. Crypto gambling site have grown in popularity among the crypto community during the pandemic and I believe there has been a significant increase during that time. Regardless of the situation, one should consider depositing fund on a reputable site as many fraudulent site may be after players' money during this upgrade.

I am always suspicious of casinos that easily accept money but issue it with additional conditions. In my opinion, this is very close to a scam. I see it as a scamming amusement of two different questions. The first is whether the casino is ready to play with this player or not. And the second question is the receipt and issuance of money. It is very strange when the casino is ready to accept money and play with it, but is not ready to give out the winnings.

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June 05, 2021, 10:55:02 PM
 #240

~
But still, trying to get income from gambling will not be suggested as we know that playing gambling needs luck and skills. If you do not have luck, you will not have a chance to win, but you might have a chance to win if you have skills in sports betting. People who often play on the offline casino will search the online casino, especially in this pandemic, because they can not freely go to the land-based casino. That is why the online casino has become popular now and still attracts many people to try playing online gambling games.
^ Just because most of the land-based casinos now are closed due to this pandemic and still very risky to go outside because you don't know who will be the career of the virus while when you are inside the casino. That it is, no were to run besides in online casino, as much as possible everything now is made on the internet as long as it can be online gambling is becoming popular just because of this. Nevertheless, on the online gambling casino sites they are rising now like a mushroom, probably they saw that having an online casino is a very profitable business.

There is no doubt that the pandemic is the main factor why online gambling has become popular. As you have explained, most people are afraid of
being infected if they force themselves to play at land-based casinos. Even though land-based casinos have implemented health protocols well,
there is still the possibility of us being infected. It is the safest to play online gambling, therefore online gambling is now the most promising business.
No wonder there are so many new online gambling popping up, but this also provides positive things for those of us who like to play gambling.
Now there are more and more choices of places to play.

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