KYC casino or no-KYC casino, but with no bonuses/no cashback?

[gunhell16]

Perhaps, whether the casino have the Kyc or not, I am pretty sure they both have advantages and disadvantages. And the majority of the gamblers here in the crypto space will also choose with no KYC, and some will in favor with Kyc. But I wonder why they have Kyc at some casino platforms since the players  is just playing only in the games they have.

[rodskee]

I can choose whatever is available as long as the casino involve are trustworthy ,   because I have played multiple times in a casino that does not requiring KYC but when i need withdrawal they require me that i comply because i trusted them.

but of course those who offers bonuses is what i love to choose because of the advantage i can get and the opportunity to win bigger.

Perhaps, whether the casino have the Kyc or not, I am pretty sure they both have advantages and disadvantages. And the majority of the gamblers here in the crypto space will also choose with no KYC, and some will in favor with Kyc. But I wonder why they have Kyc at some casino platforms since the players  is just playing only in the games they have.

You have a point , they are both having their advantages and the opposite so yeah lets not fall into what we are desiring in which in what casino can bring us.

[ethereumhunter]

I can choose whatever is available as long as the casino involve are trustworthy ,   because I have played multiple times in a casino that does not requiring KYC but when i need withdrawal they require me that i comply because i trusted them.

but of course those who offers bonuses is what i love to choose because of the advantage i can get and the opportunity to win bigger.

There is no problem if you play at a trusted casino because they continue to try to maintain their reputation and will even provide attractive bonuses for you and other members. The bonuses are given so members can feel at home playing there and for KYC, maybe they will ask you to do it, especially if you cross the limits they set beforehand. During this time, we are often asked to do KYC if the withdrawal of money that we make exceeds the limit from the casino. And as long as it's a trusted casino, that's no problem.

[barbara44]

If you were given a choice, would you play regularly in a cryptocurrency casino WITH KYC, and with added benefits like first deposit/welcome bonuses and cashbacks?

Or would you like to play regularly in a casino, WITHOUT KYC, BUT also without the welcome bonuses, cashbacks and other extra rewards?

For me I don't mind doing a kyc and of course I like it when they have bonuses because to be honest this is also one of the reason why I will wager on a casino. If ever there are no bonuses being offered I think I can easily quit playing a gambling, which is also a good thing I guess? Because there will be no more stress and no more losses for me.

For someone that are allergic with kyc, they will surely go for a non kyc gambling site and they can take it even if there's no bonuses whatsoever being offered. What is interesting is that a no kyc gambling site can still attract players even without bonuses and any other perks but a kyc casino cant possibly do that.

[$crypto$]

I can choose whatever is available as long as the casino involve are trustworthy ,   because I have played multiple times in a casino that does not requiring KYC but when i need withdrawal they require me that i comply because i trusted them.

but of course those who offers bonuses is what i love to choose because of the advantage i can get and the opportunity to win bigger.

There is no problem if you play at a trusted casino because they continue to try to maintain their reputation and will even provide attractive bonuses for you and other members. The bonuses are given so members can feel at home playing there and for KYC, maybe they will ask you to do it, especially if you cross the limits they set beforehand. During this time, we are often asked to do KYC if the withdrawal of money that we make exceeds the limit from the casino. And as long as it's a trusted casino, that's no problem.

Well, as long as the casino is trusted and safe, I think many people will be happy, especially with the large bonuses given, choosing a trusted KYC casino is not a big problem because some casinos will certainly be trusted for a long time.
Because of that choice you will certainly be happy with KYC, but some still don't want it, this is different but I've also done KYC several times in casinos although now it's not a problem, but I think with no KYC it's much simpler than KYC.

[AicecreaME]

If you were given a choice, would you play regularly in a cryptocurrency casino WITH KYC, and with added benefits like first deposit/welcome bonuses and cashbacks?

Or would you like to play regularly in a casino, WITHOUT KYC, BUT also without the welcome bonuses, cashbacks and other extra rewards?

For me I don't mind doing a kyc and of course I like it when they have bonuses because to be honest this is also one of the reason why I will wager on a casino. If ever there are no bonuses being offered I think I can easily quit playing a gambling, which is also a good thing I guess? Because there will be no more stress and no more losses for me.

For someone that are allergic with kyc, they will surely go for a non kyc gambling site and they can take it even if there's no bonuses whatsoever being offered. What is interesting is that a no kyc gambling site can still attract players even without bonuses and any other perks but a kyc casino cant possibly do that.

Bonuses are really eye catching and encouraging for players to try a website and play in it. This is because of course, who wouldn't want some bonus that comes along with just playing in a site. This bonuses are given free hence, would they even think twice of playing if there's little to no consequences at all, right. However if KYC will be the topic, the answer would most likely to be divided. Because some people do not really like it, while some people are just fine with it.

I guess, this just boils down on personal preference. We have different taste and we have our reasons why we choose something. For those in favor with KYC, perhaps they are just not bothered with their identity being known by the platform or site. Maybe they aren't really paranoid about privacy and confidentiality. Meanwhile, for those aren't really fond of KYC, maybe they are very much particular about their personal information. Anonymity is important to them and they prefer to just have a good time playing without having a record gambling and the likes. And maybe they just don't like the hassle of undergoing such.

We do have an option regarding this and we shouldn't be limited by other people's opinion. We do us. After all, we have free will.

[stadus]

Perhaps, whether the casino have the Kyc or not, I am pretty sure they both have advantages and disadvantages. And the majority of the gamblers here in the crypto space will also choose with no KYC, and some will in favor with Kyc. But I wonder why they have Kyc at some casino platforms since the players  is just playing only in the games they have.

Well, I for one wanted a casino with no KYC but considering the casino's we have these days. It's somehow hard to find reputable and trusted casino who don't ask for KYC, you know the government keeps on hammering and having a KYC prevents money laundering and other suspected activities that could connect to their casinos. KYC or non-KYC, I'm good with that as long as it's trusted and reputable.

[Hamphser]

Perhaps, whether the casino have the Kyc or not, I am pretty sure they both have advantages and disadvantages. And the majority of the gamblers here in the crypto space will also choose with no KYC, and some will in favor with Kyc. But I wonder why they have Kyc at some casino platforms since the players  is just playing only in the games they have.

Well, I for one wanted a casino with no KYC but considering the casino's we have these days. It's somehow hard to find reputable and trusted casino who don't ask for KYC, you know the government keeps on hammering and having a KYC prevents money laundering and other suspected activities that could connect to their casinos. KYC or non-KYC, I'm good with that as long as it's trusted and reputable.

Not only talking about money laundering but also with taxation itself on which they cant just missed on getting benefits out of these platforms and money laundering concern is just a second in line.Fact?

We dont really care most of the time as long we've been comfortable on dealing or hanging out on a particular site or you do know that you are in safe side but dont expect about 100% for those informations
not to leak out since it could be possibly asked out by the government or can really be leaked which are all the probabilities.

Speaking with bonuses and cashbacks in exchange of anonymity then i would prefer that full anonymity because we know on whats the requirement of those bonuses before you
would be finding it to be interesting.

[MonsterV]

you often hear that casinos are becoming more active because they want to prevent money from being laundered. Since the money comes from Crypto, I've never understood what that has to do with money laundering. If someone deposits $100,000 into an account and they place a bet and win it, they can cash out. then there is no money laundering aspect, is there? Someone who has bad will or wants to convert his bitcoins into money will not do so through a casino. Or he would like to have it paid out in cash. but crypto deposits and withdrawals should not require kyc.

[usekevin]

When  the kyc was compulsory for the players playing in casino then,it leads to the reduction in the players.This is because of the players mindset towards casino.When the casino was operated outside the environment.Most of the players will not engaged in this kyc.Other people will try to get some cash back at least for their benefit of the deposit to the game of casino.

[roslinpl]

Cashback will be considered to be the one of the best option used by the casino to get the investors.Because most people like the extra money or free money for their investment or deposits.The reason was played huge role and they won’t worry about the kyc while considering this cash back.Only few people look to avoid of the kyc connect with their casino.Mostly they won’t avoid of the kyc for the casino.They like to have some funds.

[South Park]

Perhaps, whether the casino have the Kyc or not, I am pretty sure they both have advantages and disadvantages. And the majority of the gamblers here in the crypto space will also choose with no KYC, and some will in favor with Kyc. But I wonder why they have Kyc at some casino platforms since the players  is just playing only in the games they have.

There are basically two reasons why casinos ask for KYC verification, the first one is that if they have a license then they have to comply with the requirements set by the law to maintain that license, which means forcing some of their customers to go through KYC, the second reason is that many hackers and scammers took advantage of casinos and used them as impromptu mixers by depositing dirty coins and then withdrawing clean coins from the casino, so casinos got tired of that and if you use a lot of money when you gamble then you could be hit with a KYC request to avoid something like that.

[Rating Place]

Perhaps, whether the casino have the Kyc or not, I am pretty sure they both have advantages and disadvantages. And the majority of the gamblers here in the crypto space will also choose with no KYC, and some will in favor with Kyc. But I wonder why they have Kyc at some casino platforms since the players  is just playing only in the games they have.

There are basically two reasons why casinos ask for KYC verification, the first one is that if they have a license then they have to comply with the requirements set by the law to maintain that license, which means forcing some of their customers to go through KYC, the second reason is that many hackers and scammers took advantage of casinos and used them as impromptu mixers by depositing dirty coins and then withdrawing clean coins from the casino, so casinos got tired of that and if you use a lot of money when you gamble then you could be hit with a KYC request to avoid something like that.

AML is definitely a reason for KYC which is why I think a one time rollover is acceptable. No KYC and one time rollover is best.

[Peanutswar]

I can choose whatever is available as long as the casino involve are trustworthy ,   because I have played multiple times in a casino that does not requiring KYC but when i need withdrawal they require me that i comply because i trusted them.

but of course those who offers bonuses is what i love to choose because of the advantage i can get and the opportunity to win bigger.

There is no problem if you play at a trusted casino because they continue to try to maintain their reputation and will even provide attractive bonuses for you and other members. The bonuses are given so members can feel at home playing there and for KYC, maybe they will ask you to do it, especially if you cross the limits they set beforehand. During this time, we are often asked to do KYC if the withdrawal of money that we make exceeds the limit from the casino. And as long as it's a trusted casino, that's no problem.

One of the most thing needed of a gambling casino is a license to make sure the security of their users, also some of the gambling casino offers a free spins, boost, and other form of rewards to their users to they can play more because of this in favour to them, also KYC is included but it is not mandatory most of the gambling platform have their KYC just level 1 like the name, they will only request a KYC if there's a problem with the players activity at the same time is the withdrawal like abusing the system itself.

[Rating Place]

Why do people keep saying that a license helps security of the players? An inside job is where most of the player information is stolen and then sold. Name one time a governing body ruled in favor of a player. I'm sure there are a few but I can't remember any.

[rozak]

One of the most thing needed of a gambling casino is a license to make sure the security of their users, also some of the gambling casino offers a free spins, boost, and other form of rewards to their users to they can play more because of this in favour to them, also KYC is included but it is not mandatory most of the gambling platform have their KYC just level 1 like the name, they will only request a KYC if there's a problem with the players activity at the same time is the withdrawal like abusing the system itself.

that's right, a License will be very important for casinos. it will give confidence to the players. Regarding the bonuses given, I think every casino has its way of making players stay longer at the casino to play. that's what many casinos give to their members. convenience and bonuses that can be obtained. some casinos always update their events every big moment. and they always provide events that involve casino users being happier. Casinos don't want to lose their members, so they offer how members can play as long as possible at the casino.

[delfastTions]

When  the kyc was compulsory for the players playing in casino then,it leads to the reduction in the players.This is because of the players mindset towards casino.When the casino was operated outside the environment.Most of the players will not engaged in this kyc.Other people will try to get some cash back at least for their benefit of the deposit to the game of casino.

When a person has been playing in a casino for a long time and has not passed any KYC, then the sudden requirement to reveal his identity will, of course, be extremely unpleasant for him. And by the way, quite a lot of people will leave this casino and start playing in another, where kyc is not required.
Therefore, by introducing kyc, the casino always runs the risk of losing some of its customers. But the player can understand. Many will prefer anonymity when gambling. There are quite a few reasons for this.

And by the way, I do not think that the casino is used as a mixer for laundering dirty cryptocurrencies on a massive and large scale. Of course, individual cases are possible, but large sums cannot be laundered in this way.

[sensimilia]

If you were given a choice, would you play regularly in a cryptocurrency casino WITH KYC, and with added benefits like first deposit/welcome bonuses and cashbacks?

Or would you like to play regularly in a casino, WITHOUT KYC, BUT also without the welcome bonuses, cashbacks and other extra rewards?

Kyc is very important for any type of currency exchange, because only by verifying kyc will you be able to identify a real user.

[johhnyUA]

Kyc is very important for any type of currency exchange, because only by verifying kyc will you be able to identify a real user.

Wrong. To identify unique user you don't need any KYC. It will be fine with unique cryptographic token, like ubikey or something similar. Yep, a person can obtain a lot of such keys. But again, person can obtain a lot of docs for KYC purposes. The same problem/

[khaled0111]

Since the money comes from Crypto, I've never understood what that has to do with money laundering. If someone deposits $100,000 into an account and they place a bet and win it, they can cash out. then there is no money laundering aspect, is there?

Money laundering is not about converting bitcoin or other crypto to fiat. It's more about exchanging bitcoin/crypto gained illegaly (tainted) with clean coins for which the source can be traced and proved (source of funds).
Imposing a wagering requirement on deposits before being able to withdraw them can reduce such activity but won't solve the problem completely. For example, someone who has $100k worth of bitcoin won't mind completing the wagering requirement and risking to lose x% of that money as long as he will get clean coins. This is one of the reasons why most casinos have this kyc policy.