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Author Topic: [GUIDE] 10 complete steps for new casino into this forum  (Read 1120 times)
wxa7115
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April 02, 2022, 09:55:36 PM
 #141

Majority of crypto gamblers are small scale gamblers and  don't have the funds to go big. Most gambling platform now normally requires mini KYC which will be enforced during large withdrawals. Sometimes, there will be some limitations to what a gambler can do or games they can play on the platform until they do the mini KYC verification before they can enjoy better benefits of the platform.
Personally as long as the KYC verification process is still optional I do not mind if those that passed through it obtain better benefits out of the casino and have access to more games since to me it makes sense that is the case.

For example if someone goes through that process in a casino then it is way more likely that such a player is planning to play there for a long time, so the casino does the best they can to keep the players happy by giving them better offers and bonuses, to me that is completely natural and it is no different than what we have seen for decades with stores giving you loyalty points and special discounts so you keep spending your money on their store.

.
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April 02, 2022, 10:03:04 PM
 #142

Majority of crypto gamblers are small scale gamblers and  don't have the funds to go big. Most gambling platform now normally requires mini KYC which will be enforced during large withdrawals. Sometimes, there will be some limitations to what a gambler can do or games they can play on the platform until they do the mini KYC verification before they can enjoy better benefits of the platform.
Personally as long as the KYC verification process is still optional I do not mind if those that passed through it obtain better benefits out of the casino and have access to more games since to me it makes sense that is the case.

For example if someone goes through that process in a casino then it is way more likely that such a player is planning to play there for a long time, so the casino does the best they can to keep the players happy by giving them better offers and bonuses, to me that is completely natural and it is no different than what we have seen for decades with stores giving you loyalty points and special discounts so you keep spending your money on their store.

If someone is aware that KYC may be required from him then that's fine.

The point here is not that someone agrees to the KYC verification. The point is, cryptocurrency casinos should be anonymous by definition, as that is a fundamental feature of cryptocurrencies. So in my opinion license that requires KYC should not be recommended to cryptocurrency casinos.

.
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wxa7115
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April 08, 2022, 08:52:39 PM
 #143

Majority of crypto gamblers are small scale gamblers and  don't have the funds to go big. Most gambling platform now normally requires mini KYC which will be enforced during large withdrawals. Sometimes, there will be some limitations to what a gambler can do or games they can play on the platform until they do the mini KYC verification before they can enjoy better benefits of the platform.
Personally as long as the KYC verification process is still optional I do not mind if those that passed through it obtain better benefits out of the casino and have access to more games since to me it makes sense that is the case.

For example if someone goes through that process in a casino then it is way more likely that such a player is planning to play there for a long time, so the casino does the best they can to keep the players happy by giving them better offers and bonuses, to me that is completely natural and it is no different than what we have seen for decades with stores giving you loyalty points and special discounts so you keep spending your money on their store.

If someone is aware that KYC may be required from him then that's fine.

The point here is not that someone agrees to the KYC verification. The point is, cryptocurrency casinos should be anonymous by definition, as that is a fundamental feature of cryptocurrencies. So in my opinion license that requires KYC should not be recommended to cryptocurrency casinos.
Unfortunately most casinos licenses ask for casinos to have some kind of verification process under some circumstances, if you are a small stakes player you may never need to verify yourself as even if you make a big win for your standards it is not going to be a lot of money for the casino in question.

However whales will have problems gambling in any licensed casino while at the same time trying to avoid going through a KYC process, so if they want anonymity above everything else then they may need to find a unlicensed casino which has a good reputation among the members of the community.

.
.DuelbitsSPORTS.
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Despairo (OP)
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May 05, 2022, 02:52:42 AM
 #144

Bump

Thanks everyone for the suggestions, especially those who said this thread should be sticked in this board. I will open a new thread on Meta board to see how it's possible to stick this thread. Looking how many new casinos always comes up and doesn't know how this forum with the promotions work, I think this thread will be important for them.

The hot discussion is about KYC matters, this is why I mentioned many people prefer to play on KYC casino even they're doesn't like to submit KYC. Look how big is Duelbits, Roobet, Stake, Sportsbet, Bitcasino, Gamdom etc (KYC casino) while most of no KYC casino is dead or no one interested e.g. LTC casino (scam), minesweeper.games, multidice etc. The only one big no KYC casino is Freebitco.in
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May 05, 2022, 01:42:43 PM
 #145

Majority of crypto gamblers are small scale gamblers and  don't have the funds to go big. Most gambling platform now normally requires mini KYC which will be enforced during large withdrawals. Sometimes, there will be some limitations to what a gambler can do or games they can play on the platform until they do the mini KYC verification before they can enjoy better benefits of the platform.
Personally as long as the KYC verification process is still optional I do not mind if those that passed through it obtain better benefits out of the casino and have access to more games since to me it makes sense that is the case.

For example if someone goes through that process in a casino then it is way more likely that such a player is planning to play there for a long time, so the casino does the best they can to keep the players happy by giving them better offers and bonuses, to me that is completely natural and it is no different than what we have seen for decades with stores giving you loyalty points and special discounts so you keep spending your money on their store.

KYC is something that most people perceive as negative because they feel they will be loosing their anonymity and might triggers taxes or investigations. However, if you are a legit player is actually a demonstration of the casino being actually correctly registered in a law abiding jurisdiction that can actually give you confidence on the management and the law that protects your accoiunt.

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May 05, 2022, 02:22:13 PM
 #146

The only one big no KYC casino is Freebitco.in
Maybe that's why Freebitco.in can survive until now and still get a lot of new users because they don't implement KYC at all.
With classic gambling games, Freebitco.in still attracts many new and old users to feel at home playing there.
Apart from that, Freebitco.in provides many interesting programs and rewards and this is one of the ways used by them to get more users.
And by not asking for KYC, they also get a lot of gamblers who don't want to verify their accounts with KYC.

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