Zero KYC tolerance gambling platforms

[CryptoHeadlineNews]

You only see gambling sites without KYC on a platform when you are playing with crypto. And even then you have no certainty whether you can continue to play anonymously. Especially nowadays many sites are a big fan of the implementation of the KYC system. An easy way to slow down certain processes. What is also very irritating is that many sites indicate that they do not use KYC and then start talking about the KYC after a larger profit. And gambling sites happily all get away with that.

Yes.   You are totally right on is very statement of yours, as it has now become like a new strategy to delay payment of huge profit on most new casinos this days, knowing the fact that not everybody loves to share their details. But in most cases, all these are always started in the casino's "terms & condition", of which most people always neglect reading it, which is why before you create an account on any new casino, always ensure you DYOR

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[ethereumhunter]

Actually I also don't like KYC in casinos because I think I only play gambling for fun and even then, I don't do it every day so I think KYC in casinos is unnecessary. But maybe that doesn't apply to casino that have many gamblers because we have often seen many people who use a lot of money to gamble and can be said to gamble almost daily. This is what makes casinos try to implement casinos in their places of business to find out who they are.

As crypto users who want to remain hidden behind the scenes, we can't do anything because the government tries to control all businesses, especially the gambling business, because it is a billion dollar business. And I feel that it will be mandatory for all gamblers to comply with KYC procedures in the future when the government really takes this regulation seriously.

if there weren't those damned thieves and money launderers it wouldn't be necessary to do KYC, but unfortunately due to money laundering casinos are forced to do KYC, the only thing I complain about is that casino owners are anonymous but customers can't being anonymous, that's what I don't think is fair, because it puts people's documents in danger, but I don't understand those who made these KYC laws how the hell didn't they think it's wrong that casino owners are anonymous but customers are not anonymous

You are absolutely right. Casino owners can remain anonymous while users are required to do KYC and it's not fair but that's the business of gambling. Or maybe the casino owner has also done KYC at the regulator and only the regulator knows who owns the casino. And we really can't do anything about it and even if we use crypto for gambling, it won't matter in the future because, after all, we will still be asked to do KYC. This KYC issue will continue and all businesses that use crypto are still required to carry out KYC.

[dezoel]

I am not in favor of KYC in crypto casinos. Because people now want to hide themselves and conduct gambling. There are many gamblers who are gambling occasionally and many of them will not be encouraged to do KYC. I think KYC should be maintained for those willing to conduct gambling with large amounts. For those who conduct gambling activities with small amount of assets KYC system is not suitable for them. One  thing is important that if there is any government restrictions regarding KYC then gambling must be followed according to the government rules and regulations.

Submitting a KYC doesn't automatically mean that other players will now see your full name, your address and other details but they are still hidden at least on many crypto casinos and owner itself won't reveal it to others. Don't worry they won't screw you because they know that their players will leave when they do that. I think a crypto casino doesn't also like the idea of KYC because they are dealing with crypto but they don't have a choice but to follow what is ordered by them and this can also make their business more legal.

You can just read the TOS before you gamble to see if what are their conditions for KYC as not all are the same. There are some that don't mandate it and only require it once you exceed with your gambling limits or if they think you are suspicious while some are mandatory at the beginning.

[Daltonik]

Tu Certik conducted research on the provision of fake KYC services and discovered the existence of an entire industry of KYC scams ~ 20 underground marketplaces (mainly telegram and discord) where you can use the services of "KYC actors", the price for passing verification starts from $8 for the simplest procedure and averages from $20 to $30.  https://www.certik.com/resources/blog/pw0wcH6To6Jq78aJwJKng-unveiling-the-kyc-actor-industry

https://twitter.com/CertiK/status/1593359851928911873

[Wiwo]

You only see gambling sites without KYC on a platform when you are playing with crypto. And even then you have no certainty whether you can continue to play anonymously. Especially nowadays many sites are a big fan of the implementation of the KYC system. An easy way to slow down certain processes. What is also very irritating is that many sites indicate that they do not use KYC and then start talking about the KYC after a larger profit. And gambling sites happily all get away with that.

Yes.   You are totally right on is very statement If yours, as it has now become like a new strategy to delay payment of huge profit of most new casinos now our days, knowing the fact that not everybody loves to share is very important. But in most cases, all these are always started in the casino's "terms & condition", of which most people always neglect reading it, which is why for read to create an account on any new casino, always ensure you DYOR

Both of you made a very valid point most especially when it comes to casino that does not require KYC from the start but have it written in its terms and conditions that KYC may be required at any point in time. What I always understand is that, if I read through the T&C of some casinos and see these kinds of rules that state that KYC can be demanded in the course of my game session, I will just make up my mind if I want to give out my information or not. At some point, we as a player that want to go online should make one choice. Either to maintain privacy or give up our privacy by giving out data that allow third party to get access to our data and information.

[Finestream]

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?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

[stomachgrowls]

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?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

As regulations becomes more strict then i do agree that sooner or later which these gambling online casinos will really be imposing kyc compliant which means that it would sooner or later be mandatory

for whose who do tend to play out on a certain site even if these platforms are crypto based.As long they are licensed or regulation then pretty much sure that they would really be ending up on that path.

When it comes to security then no doubt that kyc does have that edge specially on times of verification but there are really just some people who are really that mindful
about their identity or do really loves on being anonymous.

[danadc]

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?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

I am seeing the KYC option as an option that is not serious or bad for us as users, well maybe for users who are Whales, maybe if they feel some fear of leaving their data on the web or even within a platform , because their greatest fear is that they can leak that data and it comes to them to steal it, but at the same time the benefits of KYC help a lot when the account can be hacked, through KYC it can also be recovered. Before, I gave a lot of importance to anonymity, now I don't care, anonymity is already being removed opco by opco, in all the platforms that I have entered, in most of them 98% always look for KYC.

[Slow death]

You only see gambling sites without KYC on a platform when you are playing with crypto. And even then you have no certainty whether you can continue to play anonymously. Especially nowadays many sites are a big fan of the implementation of the KYC system. An easy way to slow down certain processes. What is also very irritating is that many sites indicate that they do not use KYC and then start talking about the KYC after a larger profit. And gambling sites happily all get away with that.

you described what has been happening on your subscription website, they wait for the person to make the deposit, then they wait for the person to play and after the person plays and wins and when it comes to withdrawing they block the player's account and send an email saying that the player cheated and that the casino was closing the player's account and terminating any collaboration with the player, honestly this is something cruel and not even asking a member of the forum to verify what they found they don't ask because they always claim that the casino respects privacy of people, all lie

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?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

As regulations becomes more strict then i do agree that sooner or later which these gambling online casinos will really be imposing kyc compliant which means that it would sooner or later be mandatory

for whose who do tend to play out on a certain site even if these platforms are crypto based.As long they are licensed or regulation then pretty much sure that they would really be ending up on that path.

When it comes to security then no doubt that kyc does have that edge specially on times of verification but there are really just some people who are really that mindful
about their identity or do really loves on being anonymous.

I believe that the core problem is not because people love to be anonymous, and the problem comes from the fact that casino owners are anonymous and casinos are also anonymous so who guarantees that the person's document will be safe and not sold on the black market? no one can give that guarantee and that makes people afraid, something quite understandable. I don't understand how governments put this KYC measure on the customer's side and not on the casino owner's side

[erep]

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

We have to check the detailed reputation of each platform to apply for KYC, because not every platform is eligible to provide KYC except for legitimate gambling sites but you must avoid gambling on new platforms to prevent unwanted things because many problems on new gambling sites but not all gambling sites new has a bad reputation.

[PX-Z]

I am seeing the KYC option as an option that is not serious or bad for us as users, well maybe for users who are Whales, maybe if they feel some fear of leaving their data on the web or even within a platform , because their greatest fear is that they can leak that data and it comes to them to steal it,

Because you don't get the point why KYC is so dangerous in other way around, and how serious identity theft is. Imagine getting calls from some random company or guy trying to talk to me about crypto is too weird for me on phone calls ^{(that's my experience, because of ledger hack recently)}

It doesn't need to be a whale or not, an exposed personal info could lead  you in danger, inconvenience and many more.

but at the same time the benefits of KYC help a lot when the account can be hacked, through KYC it can also be recovered. Before, I gave a lot of importance to anonymity, now I don't care, anonymity is already being removed opco by opco, in all the platforms that I have entered, in most of them 98% always look for KYC.

KYC doesn't work like that. Even a hacked account can be recovered via email only or mobile number only. KYC isn't a thing before, but there's already hacking yet account recovery is possible.

I'm not against KYC because i've submitted my info too on my local exchange for crypto to fiat transaction. But people need to be responsible of their own personal data, that don't just give it just because you dont care anonymity or most casino platform or exchange require it. Exercise your due diligence at least on what platform you should give your info.

[Jemzx00]

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

Actually, submitting KYC to each and every platform you'll be playing is too risky to do as your data will be saved on different platforms and you won't be able to know which is which if in case your documents will used for any illegal activities including money laundering, fraud, and any crimes relating to identity theft. It's good to provide KYC but it should only be done on a platform that has a solid reputation.

We have to check the detailed reputation of each platform to apply for KYC, because not every platform is eligible to provide KYC except for legitimate gambling sites but you must avoid gambling on new platforms to prevent unwanted things because many problems on new gambling sites but not all gambling sites new has a bad reputation.

It's not about avoiding new gambling platforms but more about checking the reputation of the platform itself to ensure that our KYC or identification will be safe and not be sold on any third-party marketplace which we all don't want to experience. There are new gambling platforms out here that has a much better reputation than those that it is already existing for a long time.

[stomachgrowls]

~

I believe that the core problem is not because people love to be anonymous, and the problem comes from the fact that casino owners are anonymous and casinos are also anonymous so who guarantees that the person's document will be safe and not sold on the black market? no one can give that guarantee and that makes people afraid, something quite understandable. I don't understand how governments put this KYC measure on the customer's side and not on the casino owner's side

Even if we do talk into those traditional things or services that we do have physically which do really ask out personal identification then we are already having those doubts on where those informations would be kept.

Yes, we do have that privacy act or law but it wont really be applicable on online platforms that we are dealing which the thing you do said was true where we cant really be so sure or to assure on where
these information would be kept safe.
Some are really that mindful about it and some doesnt really care at all.Even we do like it or not then we do really need to face nor deal on whats currently the set-up.

[DoublerHunter]

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

We have to check the detailed reputation of each platform to apply for KYC, because not every platform is eligible to provide KYC except for legitimate gambling sites but you must avoid gambling on new platforms to prevent unwanted things because many problems on new gambling sites but not all gambling sites new has a bad reputation.

^That is why I prefer to choose a KYC casino that operates at least a year old in service that has fewer complaints or there are no bad reviews.
KYC is very fragile to us, it will probably put our documents at risk when some companies close and sell our documents into the dark web which is very well-known as of now. We can avoid them as much as there is no KCY gambling casino. As long as there is an option to hide your identity, you can choose a no-KYC casino.

[piebeyb]

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?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

therefore appear some decentralized casinos that do not require KYC on their sites and in the end it will also be a competitor of casinos that implement KYC , I also think there is no problem with that as long as the casino site does not abuse our identity and of course it's a trusted casino, but everything back again to the wishes of the gambler himself choose to live the existing reality or avoid it

[krishnaverma]

There are many gambling platforms that do not require KYC or at least advertise themselves with that tag. One such platform is Bitvest and they have official threads here. They also used to run a successful signature campaign here if I remember.

But I do not think you should be scared of KYC on gambling platforms. See any company has to adhere to the laws of that country to offer its services to citizens of that country. That is why most exchanges have KYC requirements. They have reasons behind this. First is to prevent money laundering as with KYC they can held you liable in case something wrong happens. Second is to ensure age compliance. Any country cannot allow people below certain age to do gambling and thus KYC is a must there.

[traderethereum]

therefore appear some decentralized casinos that do not require KYC on their sites and in the end it will also be a competitor of casinos that implement KYC , I also think there is no problem with that as long as the casino site does not abuse our identity and of course it's a trusted casino, but everything back again to the wishes of the gambler himself choose to live the existing reality or avoid it

We should be able to find a casino that can protect our identity well if we play at a casino that requires KYC.
But if we move to a decentralized casino, we have to be extra careful because we are using our wallets to gamble.
And some gamblers don't mind casinos requiring KYC because they may play there more often.
In addition, they also use more money than us, who only use small money.

[Shamm]

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

We have to check the detailed reputation of each platform to apply for KYC, because not every platform is eligible to provide KYC except for legitimate gambling sites but you must avoid gambling on new platforms to prevent unwanted things because many problems on new gambling sites but not all gambling sites new has a bad reputation.

^That is why I prefer to choose a KYC casino that operates at least a year old in service that has fewer complaints or there are no bad reviews.
KYC is very fragile to us, it will probably put our documents at risk when some companies close and sell our documents into the dark web which is very well-known as of now. We can avoid them as much as there is no KCY gambling casino. As long as there is an option to hide your identity, you can choose a no-KYC casino.

There are any option as a gambler need to decide because there's a casino who are less KYC but there are casino that ask more KYC
Like what other did I am also prefer to trusted KYC casino. it because  it's better to play in trusted enough KYC casinos with a small complients and no bad review in order to prevent/keep our Identity silence and secure.

[darkangel11]

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?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

You're joking, right? Have you ever heard of data leaks? There was one where bitcointalk accounts were stolen a few years back and people were able to buy them on the dark web.
There was a big leak from facebook as well. And we're talking only about accounts, passwords, emails. In case of a casino KYC you're losing all your private data, your address, sometimes names of your parents, the number of your document, your nationality and this gets all linked to your crypto addreses that you use to deposit. With that it's easy to find you on other social platforms, here on bitcointalk where you reuse your addresses... If that gets leaked you're fucked.

[Eternad]

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?

Submitting to KYC requirement will never bring harm for us if we analyze it deeply. In fact, this is more for our own good and security when it comes to our money. KYC is designed to reduce fraud and that money laundering is always included in it. So while others are still looking for KYC-free platforms, its better to accept the reality that in less than a year, all gambling institutions will make KYC as mandatory.

You're joking, right? Have you ever heard of data leaks? There was one where bitcointalk accounts were stolen a few years back and people were able to buy them on the dark web.
There was a big leak from facebook as well. And we're talking only about accounts, passwords, emails. In case of a casino KYC you're losing all your private data, your address, sometimes names of your parents, the number of your document, your nationality and this gets all linked to your crypto addreses that you use to deposit. With that it's easy to find you on other social platforms, here on bitcointalk where you reuse your addresses... If that gets leaked you're fucked.

The guy that you quote has a valid point as the use of KYC besides KYC on casino is being done with 3rd party KYC company for a secure data storage. This company has global license to do this kind of job to make the privacy of the user safe. Casino nowadays is complying to the regulators for safety of there consumer. Casino now are already evolved to a fully compliant to the law unlike before that is just a bunch of casino that owned by unknown without any license.

Is there a casino news that KYC credentials being leak? Even on big exchange? The only thing that this happened is on mediocre casino that doing KYC by there own service.