Street Selfie? Why all these crazy requirements in the name of KYC verification?

[LoyceV]

But if you are going to sign up to somewhere that involves you sending them large amount of money, then you should really be taking the time to read what you are signing up to.

True. I usually waste some time skimming through the terms when opening a bank account. But from what I've seen, most people really don't.

A useful tool that I use more often than not is Terms of Service Didn't Read[2][3] - only website
~
[2]https://tosdr.org/
[3]https://github.com/tosdr

So true:

“I have read and agree to the Terms”

is the biggest lie on the web.

[Pmalek]

That's true. Although for cookies, there's option to choose "X", "Reject all", "Accept minimum" or similar lines which i automatically choose these days.

Unfortunately the reject all option doesn't reject all cookies at all sites. There are usually mandatory ones that you have to accept and which you can't reject even if the site offers you the reject all option. The reject all is for the optional cookies. Maybe tools like the Cookie-Editor can help to clear even the mandatory ones with the click of a button after you are done with a particular website. Manual deletion from the settings menu works as well, but both options first include accepting some and then deleting them afterwards.

Advanced users might get rid of the cookies popup using inspect element, but popular sites have protection in place against that. It works sometimes. 

[BenCodie]

No self-respect? If someone is holding a significant amount of money from you, then you are going to do what they say to get it.

It should be illegal to ask for kyc only when withdrawing. It should be asked before you deposit, so they can't trick you and it makes actual money laundering though online casinos much harder.

I am quite sure that's not how it works. A lot of casinos (as far as I have read) will only spring it on you when you try to withdraw. As far as I am aware, exchanges do the same thing. This way, you lose gambling/leverage trading, then you will have to deposit again. You will continue to do so until one day you withdraw, and that day is when business will end. Until then, they will continue to take your money for as long as you give it to them.

I know that's how it works now, that's why I said it should be illegal. Casinos won't act against their financial interests until forced by regulators, and the entire concept of only asking for KYC on withdrawal doesn't look fair.

Ah. Sorry about that. For some reason I read your in a completely different way. You are totally right. It doesn't look fair is a nice way of putting it. It's greed, and it runs in the blood of all casinos though no matter how pretty they make their website look or how friendly their staff are.