Zero KYC tolerance gambling platforms

[Z390]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

[1714681862]

1714681862

[1714681862]

1714681862

[1714681862]

1714681862

[Adbitco]

Sorry to say kyc is one thing important in gambling site to avoid money laundering and any mal activities which might likely happened. So as a gambler you should be prepare for revealing your personal identity or going through verifications processes.
I don't really see any laws holding you not to pass the verification process or maybe you are not wanting to gamble, most gambling site I have came across with always source for kyc details.

[Oshosondy]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

Is the gambling site centralized? Most successful crypto gambling sites are centralized. That means you have to register on the site, the gambling site will give you address to pay in, they control the private keys of the addresses given you. Even if they do not ask for KYC at first place during deposit, they may ask for KYC when you want to withdraw, which is common to gambling sites. Even if you are not asked to KYC during withdrawal, they might block your account and ask for KYC at anytime which would be disappointing if you are not expecting that. The reason for KYC is for AML, CTF and to reduce other online criminal activities.

[Wexnident]

There are a few reasons why, from money laundering to age verification to prevention of multiple accounts to other probable reasons. The most important one though as to why they need to implement KYC is the country in which they're registered since each country has a specific law or rule about casinos, KYC being one of them. It's also the reason why some countries can't access some casinos, it's simply part of their law. Afaik it also considers the law about gambling that the user is under in.

Some casinos don't require KYC, but some do. Here's a thread with a big list of casinos that indicate whether they have KYC or not

https://bitcointalk.org/index.php?topic=5381143.0

[iv4n]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

In crypto casinos (except the ones where KYC is mandatory) it's not so important if you don't gamble with huge capital. I play in several casinos for years without any verifications, you only need a mail and google authenticator, in some casinos you need it for withdrawing.

Maybe there are crypto casinos with zero KYC tolerance, but I am not sure about that. In ToS you will always find "Casino reserves the right to ask for additional info if they suspect you are involved in something shady"! As a fair player, without some big deposits/withdrawals, not even one casino asked me for additional verification... I play in casinos you can find on this forum, these casinos have their ANN threads so you can check them by yourself.

[swogerino]

KYC is only needed if you exceed a certain amount of money in withdrawing,for amounts up to 0.05 Bitcoin now that the price is cheap and is less than 1000 dollars most casinos,even reputable ones won't ask you any KYC verification or whatsoever but once you bypass this limit and for example ask a withdrawal of 0.25 or up in Bitcoin then all of the reputable casinos will ask you some form of KYC,it is specified in their terms and conditions so most probably any user should read them in the casino they are playing before depositing money in there.

[btc78]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

If you are a Big roller then the chance of being asked about KYC verification is indeed, and also there are several occasions that even with small amount if you are found to be cheating or abusing the site will be having this,
But overall as far as my experience is concern? never that i was asked to provide KYC and I wonder why, or maybe I am an honest and not dealing with any illegalities in their sites.
so expect this to happen or never deal with any only specially crypto site at all.

[velzevul11]

I'd say that for all licensed casinos, even if it is a Curacao KYC is a must regardless if payments are in crypto or FIAT. However, some casinos breach this at their risk. Rather soon all Curacao licensed casinos will start requesting KYC one the account deposit / cashout turnover reaches $2K or equivalent in any currency and enhanced due diligence once $15K is hit. Question is when, but sooner or later it will happen

[qwertyup23]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

It is not just important but it is also essential for regulatory purposes. Due to the emergence of the popularity of online gambling websites, the government took the opportunity to tax it for revenue purposes and regulation. The most regulation that they can implement is to mandate these online gambling websites to provide KYC identification to its users.

If possible, operating without KYC is the ideal situation since most users consider this as a "make or break" feature but these companies have no other choice but to comply with strict regulations imposed by the government.

[michellee]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

Maybe you will not be asked to do KYC for the first time you join a casino site. But after you win some money and want to withdraw the winning money, you will be asked to do KYC, especially if the winning money is big. So KYC verification seems to have become common for crypto casinos due to the government's desire to regulate all fiat and crypto casinos. So forget about that and if you don't want to lose a lot of money, you should control the use of your money in gambling.

[ryzaadit]

You cannot find it with "Centralized Casino" like a website register.

They always required you "KYC" even at the time your register is not being asked for "KYC" but in some time if there has some case. They can freely to ask you "KYC" anytime, that's why never trust a casino who offering you "NO KYC". Because 95% of casino will ask you "KYC" based on term & condition.

If you want "Zero KYC" without being ask, you should gamble with on-chain gambling. Like smart-contract, but most of them is not quite popular or the game is really limited example like On-chain Dice or Lottery (Like in PancakeSwap) they will never ask you KYC.

[Saint-loup]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

It's a rather common hoax, but in reality this has nothing to do with regulation otherwise they would require it for every customers like exchanges are doing, and casinos without KYC wouldn't exist. Actually it's just a scammy practice to avoid paying winnings to players who managed to make some profits and to prevent them from opening a new account when they've banned them or restricted their account. If you are a bad player constantly losing his deposits, they will never ask you anything.
There is an incomplete list of casinos that don't require KYC in this thread https://bitcointalk.org/index.php?topic=5381143 Some are missing like Nitro betting though.

[jrrsparkles]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?

KYC may not be really a great thing for the casino as well because they may lose few customers who want to be with complete anonymity but casinos has to comply KYC due to AML policies by governments and that is the sole reason why they are pushed to implement KYC in the recent times.

Yes, there are some crypto gambling sites with no mandatory KYC for now but if you take a look at their ToS they you may find the casino has right to ask about KYC, source of funds, etc at anytime if they feel the user has something suspicious and also they may ask when the security finds the user is accessing from restricted country which is also mentioned in their ToS.

[cabron]

Casinos asking for KYC is sort of a protection to their business as well obeying what government mandate to them. So there is nothing else can be done, you just need to submit especially if you want to withdraw the large amount you have in the platform.

If you want to play with no KYC, there are decentralized casinos on ETH, TRON or EOS platform.

Dicether.com for example uses smart contract based state channel implementation to provide a fast, secure and provably fair gambling.

[Pandu Geddon]

not all gambling platforms require you to KYC. Usually, if something suspicious happens with your account activity, of course, Casino has the right to ask you to verify documents. We know some of the problems from the news in the past, regarding money laundering using gambling platforms. Some casinos apply such rules to reduce the risk of malicious users taking advantage of events and bets at the casino.

I'm not sure why you have a problem with KYC. are you underage? or is there a problem with your data that has been blacklisted from several casinos?

[acroman08]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule?

it is meant to prevent money laundering, protect the casinos from account abuse which happens a lot, etc... also, if they acquire a gambling license they might require to ask for KYC because it is part of the regulation the license has.

Where can one gamble with zero verification requirements?

sure you can. Wexnident shared a link showing what casino does require and does not require KYC, you can check the thread he shared if you are interested.

[salad daging]

They certainly have their own rules because anyone can have the right to do KYC if the casino is suspicious of it and indeed at first they said there was no KYC for them but it became a problem for the casino because of suspicious activities like other people said then the casino is entitled to all that, so I think the casino certainly has an obligation as to if it is necessary for a document to be requested.
So for me there is no casino that is completely zero KYC, so almost all have implemented this system and in the FAQ it always says "KYC when needed with something" so there is nothing we can do unless we do it.
But for small gamblers we can still use KYC zero casino.

[passwordnow]

Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule?

It's important to them and also has something to do with what they're complying with as they're registered enterprises.

Where can one gamble with zero verification requirements?

It came from the Duelbits rep as it's posted by someone on their thread who has asked them if they won't ask for KYC. And the response is yes, they won't ask you KYC as long as there's nothing to be complied about and you're not that huge depositor and gambler.

[seoincorporation]

You can only expect zero chance KYC on casino that has no license but ofc its risky to play with those casino since they are anonymous and you are not protected by the law.

This is a complex matter because hen you say protected by the law it means the law of the country where the license was provided and in most of the scenarios that's the Curaçao laws. And if we want to sue a casino we have to do it in that place which is almost impossible for 99% of the gamblers.

A license doesn't makes me feel protected by the law, i prefer to trust on a provably fair engine than a licensed gambling site who doesn't give a verify option on their games.

[Saint-loup]

Casinos are implementing it for the benefit of both parties. It will a good way to control money laundering because casinos are protecting their reputation against scammers and launderers. We might doubt it since we're going to provide our personal details but it will help us have assurance when it comes to security. It could stop illegal activities as well.

Don't tell BS here, in the gambling section please. How KYC could be an assurance for customers? I don't understand. In the scam accusation section and here we always hear about scams from casino requiring KYC, while we never hear about scams from casino not asking KYC. When I play on Freebitcoin for example I feel safe because I know I will be able to withdraw my winnings without any issue while when I play on a casino that can require KYC, I don't feel that way at all because I guess they will ask me KYC if I win too much and they will maybe refuse my documents to keep my funds like many people are reporting all over the web.