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Author Topic: NO KYC Sportbooks?  (Read 1034 times)
Fundamentals Of
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November 03, 2021, 01:39:49 AM
 #101

Since you are putting emphasis on NEVER, I'm afraid there is none. No sportsbook could guarantee you one hundred percent that they will never require KYC from you no matter what. There are so many sportsbooks that do not require KYC upon opening of account, betting, deposit and withdrawal, etc. But it still does not mean that you will never be required KYC ever. There might come a time when suspicious activities are detected in your account. Or you might eventually be transacting huge amounts in your account. These are reasons for possible KYC request.
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November 03, 2021, 07:33:44 AM
 #102

Since you are putting emphasis on NEVER, I'm afraid there is none. No sportsbook could guarantee you one hundred percent that they will never require KYC from you no matter what. There are so many sportsbooks that do not require KYC upon opening of account, betting, deposit and withdrawal, etc. But it still does not mean that you will never be required KYC ever. There might come a time when suspicious activities are detected in your account. Or you might eventually be transacting huge amounts in your account. These are reasons for possible KYC request.
Sportsbook should at least make it transparent which users can read in the TOS before signing up, it's not fair if they promote "no KYC gambling" but later they'll use it to block huge withdrawal. I know some casinos who are doing that and they have a bad reputation now, so hopefully the casinos that are popular in the market will not use the KYC requirement to steal the winnings of the gamblers.
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November 03, 2021, 11:30:51 PM
 #103


So the question of the OP is not to be taken to have a defined answer as it depends on circumstances. Even if we say, the casino is not asking KYC, but if in case you violate their ToS or you are guilty of some suspicious activities, definitely, they may ask you to submit KYC. Or if they see that you may be guilty of possible money laundering, even if from your end you are not, they have the privilege to ask KYC as from their end, you may be guilty of that conduct. In this case, we can't say never because we don't know what other circumstances you will face while you are playing in the casino. But it is advisable to play on reputable casinos here so you can easily ask for help if you need one.
Once we do check out that tick box in terms and conditions then it is automatically signifies that you had accepted their terms which as a user you are fully aware on what and on how things been working around.

They do have the full rights on asking everything and its just common sense that you should stick on reputable or known site at least if you dont
like any headaches when problem do occurs.

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November 04, 2021, 01:54:51 AM
 #104

Since you are putting emphasis on NEVER, I'm afraid there is none. No sportsbook could guarantee you one hundred percent that they will never require KYC from you no matter what. There are so many sportsbooks that do not require KYC upon opening of account, betting, deposit and withdrawal, etc. But it still does not mean that you will never be required KYC ever. There might come a time when suspicious activities are detected in your account. Or you might eventually be transacting huge amounts in your account. These are reasons for possible KYC request.
Sportsbook should at least make it transparent which users can read in the TOS before signing up, it's not fair if they promote "no KYC gambling" but later they'll use it to block huge withdrawal. I know some casinos who are doing that and they have a bad reputation now, so hopefully the casinos that are popular in the market will not use the KYC requirement to steal the winnings of the gamblers.

There probably be certain phrases even in the TOS of non-KYC casinos about possibly requiring users to submit personal information. Remember that casinos are considered questionable sources of funds. It is prone to money laundering. So any centralized casino that is licensed and regulated will have to abide by the law. If a law enforcement authority is making an investigation, casinos simply cannot resist by saying they won't require their users to submit KYC because they are a non-KYC casino.
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November 04, 2021, 03:35:12 AM
 #105

Since you are putting emphasis on NEVER, I'm afraid there is none. No sportsbook could guarantee you one hundred percent that they will never require KYC from you no matter what. There are so many sportsbooks that do not require KYC upon opening of account, betting, deposit and withdrawal, etc. But it still does not mean that you will never be required KYC ever. There might come a time when suspicious activities are detected in your account. Or you might eventually be transacting huge amounts in your account. These are reasons for possible KYC request.
It is clear in almost every gambling site that their Terms of Service tells no KYC requirement but in the back of it they also indicated that if you played questionable way so in the end the Site can obliged us sending them our KYC so what does this mean? we as gambler are subjective that requirement in some way or another.

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November 04, 2021, 04:22:08 AM
 #106

Since you are putting emphasis on NEVER, I'm afraid there is none. No sportsbook could guarantee you one hundred percent that they will never require KYC from you no matter what. There are so many sportsbooks that do not require KYC upon opening of account, betting, deposit and withdrawal, etc. But it still does not mean that you will never be required KYC ever. There might come a time when suspicious activities are detected in your account. Or you might eventually be transacting huge amounts in your account. These are reasons for possible KYC request.
It is clear in almost every gambling site that their Terms of Service tells no KYC requirement but in the back of it they also indicated that if you played questionable way so in the end the Site can obliged us sending them our KYC so what does this mean? we as gambler are subjective that requirement in some way or another.

Have you read almost every gambling site's Terms of Service? Because you were saying that it is clear in almost every gambling site that their Terms of Service tells no KYC requirement. Me, I haven't read a lot of Terms of Service of gambling sites but I am sure that even those non-KYC gambling sites are clearly indicating in their Terms of Service that there are instances in which KYC may be required. So that's why I am saying that it is never a guarantee that since a gambling site is non-KYC, it will never be requesting a player for KYC. After all they are operating within the bounds of the law as duly regulated business.
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November 05, 2021, 09:22:05 PM
 #107

~
From my experience the interconnection between your activity and KYC is very simple: If you're winning, they ask you to prove yourself. If you're losing, you can play without KYC for a very long time (maybe even endlessly).

So yeah, for succesfull players there no such thing as "Sportbook without KYC"
Yet i can wage in stake without verifying if i am not looking for any freebies from them.

And how much did you win? As i understand you're talking about Stake.io ? I think you're not winning too much to be forced to verify your identity
And a little addition: If you have business with fiat, you will be forced to do KYC early or lately.

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November 05, 2021, 09:57:56 PM
 #108

~
From my experience the interconnection between your activity and KYC is very simple: If you're winning, they ask you to prove yourself. If you're losing, you can play without KYC for a very long time (maybe even endlessly).

So yeah, for succesfull players there no such thing as "Sportbook without KYC"
Yet i can wage in stake without verifying if i am not looking for any freebies from them.

And how much did you win? As i understand you're talking about Stake.io ? I think you're not winning too much to be forced to verify your identity
And a little addition: If you have business with fiat, you will be forced to do KYC early or lately.

Actually what is too much? can you name a range of amounts?

I'm gambling using stake too but I never get required to do a KYC, maybe I don't win that much, last time I remember, I won like $200 in a single bet and everything went through from grading the bet to withdrawing the amount from the site, no KYC or checkpoint, whatsover.

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November 05, 2021, 10:38:48 PM
 #109

Since you are putting emphasis on NEVER, I'm afraid there is none. No sportsbook could guarantee you one hundred percent that they will never require KYC from you no matter what. There are so many sportsbooks that do not require KYC upon opening of account, betting, deposit and withdrawal, etc. But it still does not mean that you will never be required KYC ever. There might come a time when suspicious activities are detected in your account. Or you might eventually be transacting huge amounts in your account. These are reasons for possible KYC request.

That's correct so I can't understand why others are mentioning some sportsbook where they didn't know what will happen next. Like in Stake.com. Some mentioned it here but just last week, I need to fill up my personal information before I can withdraw although no need to submit any documents. I don't know but maybe I'm using VPN access which is not prohibited in Stake.

Other sportsbook sites might request KYC in the future. We should expect it soon.
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November 05, 2021, 11:12:35 PM
 #110

~

Actually what is too much? can you name a range of amounts?

I'm gambling using stake too but I never get required to do a KYC, maybe I don't win that much, last time I remember, I won like $200 in a single bet and everything went through from grading the bet to withdrawing the amount from the site, no KYC or checkpoint, whatsover.
Highly likely at the thousands of dollar amounts range, not too sure about the exact amount, though. To be honest, I believe for a huge casino platform such as stake.com, they wouldn't perform KYC requirements to its users who play at hundreds of dollar range for each session.
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November 05, 2021, 11:16:18 PM
 #111

So the question of the OP is not to be taken to have a defined answer as it depends on circumstances. Even if we say, the casino is not asking KYC, but if in case you violate their ToS or you are guilty of some suspicious activities, definitely, they may ask you to submit KYC. Or if they see that you may be guilty of possible money laundering, even if from your end you are not, they have the privilege to ask KYC as from their end, you may be guilty of that conduct. In this case, we can't say never because we don't know what other circumstances you will face while you are playing in the casino. But it is advisable to play on reputable casinos here so you can easily ask for help if you need one.
So, in the end, KYC will be asked for their members, especially for those who are doing suspicious activities, because the casino wants to make sure that their members will not do something that can break their rules. It is how about we can be responsible for our account and not make them ask for the KYC. Playing on reputable casinos will always be recommended for every gambler but we should care for ourselves and not try to make a problem.

If the withdrawal amount is not too big, the casino will let the process and not ask about the KYC. It will be different if members want to withdraw big money because the casino can ask for KYC.
Unfortunately this is the case, we must remember that casinos still have to deal with the fiat system and sell their coins to pay for their operations, and even as adoption keeps growing and it comes to a point in which they can pay everything with bitcoin or other cryptocurrencies at the same time casino licenses are given by the governments and this means they have to abide by their rules, of which KYC is one of the main ones that they will always try to force cryptocurrency casinos to enforce if necessary.
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November 05, 2021, 11:54:18 PM
 #112

To be honest, I believe for a huge casino platform such as stake.com, they wouldn't perform KYC requirements to its users who play at hundreds of dollar range for each session.

Some users reported that there is the personal information needed before anything else. It means slowly but surely, we can now expect that KYC will be implemented at most casinos not just on Stake.

Regardless, I'm prepared for anything. If there's no choice but to comply, what we can do about it.

I will only pass KYC on reputable casinos.

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November 05, 2021, 11:58:20 PM
 #113

To be honest, I believe for a huge casino platform such as stake.com, they wouldn't perform KYC requirements to its users who play at hundreds of dollar range for each session.

Some users reported that there is the personal information needed before anything else. It means slowly but surely, we can now expect that KYC will be implemented at most casinos not just on Stake.

Regardless, I'm prepared for anything. If there's no choice but to comply, what we can do about it.

I will only pass KYC on reputable casinos.

At some point, these casinos will apply KYC if they see that there's necessity of the situation.
For example, if the player is gearing towards violating one of their terms or they are suspecting something unusual to the account.
But if you know for sure, you are abiding all the terms, and not a high roller, I don't think submitting KYC will be your problem here.
But take note that if you win big, prepare your docs because the casino may find a way how to hold your funds.
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November 06, 2021, 04:39:44 AM
 #114

At some point, these casinos will apply KYC if they see that there's necessity of the situation.
For example, if the player is gearing towards violating one of their terms or they are suspecting something unusual to the account.
But if you know for sure, you are abiding all the terms, and not a high roller, I don't think submitting KYC will be your problem here.
But take note that if you win big, prepare your docs because the casino may find a way how to hold your funds.

As expected especially for those users who are using constantly VPN to connect. There are sites that allow the use of VPN however if the account was detected thru a different region it might trigger the site's alarm.

For big wins, it's already common and usual to see that some sites are asking for personal documents before claiming these big winnings. For that particular reason, I will not hesitate to provide my own documents. It's sure money in return after all if the process will go smoothly.

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November 06, 2021, 04:55:06 AM
 #115

Since you are putting emphasis on NEVER, I'm afraid there is none.
There are still some gambling sites that require no verification other than email, some will also require for name and addresses which can be all fake and crypto based, the gambling crypto sites that require just crypto cryptocurrencies for payment make this more possible. Also if kyc is not up to the level of identification documents, should we regard just those email verification as kyc.

There are so many sportsbooks that do not require KYC upon opening of account, betting, deposit and withdrawal, etc. But it still does not mean that you will never be required KYC ever.
There are many of the gambling sites that requires not verification, there are still that I have been using for years now and no verification needed. Also on fiat based ones, ID verification is compulsory, but all fiat betting sites I have used in my country yet have not requested for ID verification, but I know they can get a lot of information from the master card I used for payment.

There might come a time when suspicious activities are detected in your account. Or you might eventually be transacting huge amounts in your account.
Suspicious activities, this had never happened to me before, I do not think such can also happen to me because I have only one account opened per one gambling sites and I am also mindful of the source of my deposit.

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November 06, 2021, 09:35:39 AM
 #116

There might come a time when suspicious activities are detected in your account. Or you might eventually be transacting huge amounts in your account.
Suspicious activities, this had never happened to me before, I do not think such can also happen to me because I have only one account opened per one gambling sites and I am also mindful of the source of my deposit.
Lucky you but we never know how other people can create another account and use their referral to get more bonuses. That could be suspicious activities for the casino and the casino will investigate to know the truth. If they see that you have another account, they can easily ban your account and you will prohibit playing on their site. It is better to search for No KYC gambling sites, not just for sportsbooks, to avoid sending our documents to them.

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November 06, 2021, 10:47:01 AM
 #117

Since you are putting emphasis on NEVER, I'm afraid there is none.
There are still some gambling sites that require no verification other than email, some will also require for name and addresses which can be all fake and crypto based, the gambling crypto sites that require just crypto cryptocurrencies for payment make this more possible. Also if kyc is not up to the level of identification documents, should we regard just those email verification as kyc.

The user is talking about the possible case in the future. For now, yes, there are still lots of gambling sites that require no KYC verification.

However, there's no assurance that someday, we will have the same setup. That's why there is no accurate answer to OP's question as we don't know the gambling site's plan in the future regarding KYC terms. If they will be hit up by hard regulations, then it's likely it will be passed to their users and KYC is one of the mandatory and necessary requirements that might be asked.

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November 06, 2021, 10:56:09 AM
 #118

What are some sportbooks that will NEVER ask for KYC

There are bookies that will never ask you KYC and they are the one that has a high chance that will scam you. But there are some reputable and licensed gambling site where most of the time they don't ask KYC not unless you there are some unnecessary behavior that is going on with your account or you win a big amount of money. Some of them may ask KYC for security and to comply with their AML policy.

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November 06, 2021, 11:13:51 AM
 #119

Even How those sportsbook mean that they are not requiring KYC as mandatory , but in the end? they may use this KYC to questioned specially those who are winning huge amount as their Terms mostly mentioned this that in any cases that the activity of the gambler is malicious then they will require KYC .
this means one thing that no matter how we wanted to get rid of KYC yet this will come sometimes .

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November 06, 2021, 12:22:43 PM
 #120

Even How those sportsbook mean that they are not requiring KYC as mandatory , but in the end? they may use this KYC to questioned specially those who are winning huge amount as their Terms mostly mentioned this that in any cases that the activity of the gambler is malicious then they will require KYC .
this means one thing that no matter how we wanted to get rid of KYC yet this will come sometimes .
That's not fair and it's a wrong practice, I heard some of that issues on some sportsbooks but the sportsbook I trust, don't require that KYC even if you win big. If they will promote anonymous gambling, then it's a violation of our rights if they'll suddenly require a KYC, it's not within the rules anymore but it's their effort to scam gamblers.
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