Unpopular opinion about crypto gambling

[dothebeats]

I'd rather be this level of stupid than to be a "play on a platform with no KYC then get your money scammed" kind of stupid.

Almost all of the crypto gambling platforms require KYC nowadays, and they will, most of the time, only require it to be submitted after you have won a huge amount, or if your activities on the platform became somewhat suspicious. You can still play and you can still enjoy on KYC platforms by just doing the basic KYC if you're not a big baller, and for sure when the time comes that you are required to submit your KYC, your info will still be protected, else the government can easily shut the platform down if they found out that the said gambling platform is not following the guidelines to secure the information of its players.

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[coin-investor]

I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.

[gantez]

This is the regular operation of some casinos. Casinos often take advantage of this kyc to cheat gamblers. Because they don't have any problem if you deposit huge amount and they don't have any problem if you lose all that money. But, their problem starts when you win big amount, they will force you to complete kyc. Because they try their best to see if they can somehow walk away without giving that winning fund to the gambler. So you should deposit in a reputable casino, so that even if you complete kyc at least, your personal information will be safe. As a crypto user myself I try to avoid KYC. But unfortunately it is true that many times I am forced to complete kyc despite my reluctance.

I think casinos want to begin to make players going through Kyc this is the reason they come up with it as a condition to withdraw the winning you have. If you are a winner, you will be happy going to do the Kyc for you to get your money. That is the plan of

But unfortunately it is true that many times I am forced to complete kyc despite my reluctance.

This is my point. The casinos know sometimes some players are having no choice but to do it.

[goldkingcoiner]

If you're going to start a new thread then at least make the opening post something worth reading. This is social media level trash, not a topic starter. KYC has both its advantages as well as disadvantages. But everyone is free to make their own choice whether they prefer gambling on a non-KYC platform or a KYC gambling casino. We have both choices and both of them have negative and positive sides. With KYC you can be sure that your identity is linked to your money so in the case something happens, the casino is legally obliged to give you your money back. With non-KYC you do not need to worry about where your personal data is going.

Whether the casino is legit or not is up to you. Do your own research and see if they are licensed.

[harizen]

Why ? Just why ?

We have to be ready that maybe somewhere in the future, KYC will be asked by the gambling site not just because of usual big-related winnings, accounts being monitored doing some unusual behavior, or any related cases that can trigger their alarm and security.

However, I have to disagree that complying with the KYC is a stupid thing just because crypto-gambling is supposed to be anonymous. There are lots of reputable gambling sites around where even though there's the possibility of asking for KYC, still not a mandatory thing to do.

[noormcs5]

Why ? Just why ?

We have to be ready that maybe somewhere in the future, KYC will be asked by the gambling site not just because of usual big-related winnings, accounts being monitored doing some unusual behavior, or any related cases that can trigger their alarm and security.

However, I have to disagree that complying with the KYC is a stupid thing just because crypto-gambling is supposed to be anonymous. There are lots of reputable gambling sites around where even though there's the possibility of asking for KYC, still not a mandatory thing to do.

You don't have to wait for the future, KYC is already made mandatory in many casinos. In some casinos, where you are allowed to deposit or play with KYC, they won't let you withdraw unless to perform the KYC.

Since the main purpose of gambling is to earn and  then withdraw money. If you cannot withdraw large amount of money with KYC, then it means that KYC is mandatory though casino use it in their favor that they let you deposit without KYC but won't let you withdraw. You can call it as a cheating by the gambling houses.

[khaled0111]

I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance

By "compliance" do you mean being licensed? If yes then I have to disagree with you. There are many licensed casinos which turned out to be scams and, at the same time, there are many trusted services which do not have a license. Having a license has its benefits but it has nothing to do with reputation and it doesn't guarantee you won't get scammed, imo.

[Rating Place]

I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.

Nitrobetting

[Rating Place]

Maverick Games  - Isle of Man, mandatory KYC

Nitrobetting - Cost Rica - No KYC unless using a VPN

Some others in Costa Rica, not all trustworthy

Over 10,000 fiat and bitcoin casinos are in Curacao. Not all are trustworthy. None of them completely follow the rules but they follow some of the rules to differing degrees. Most of the time KYC is asked as a way of not paying.

[Rigon]

Why ? Just why ?

We need to change some misconceptions. There are many of us who don't like Totally Crypto Casino sites and we don't like their rules.But those of us involved with these cryptocaseinosides have never been cheated by caseinsites.Never seen them cheat. I heard in a news the other day that a Nigerian man won $51,000 dollars a few days ago.But this person took his money well and they were not defrauded.So really we have to avoid all the misconceptions that we are immersed in.We should always think positively.

[Rating Place]

Why ? Just why ?

We need to change some misconceptions. There are many of us who don't like Totally Crypto Casino sites and we don't like their rules.But those of us involved with these cryptocaseinosides have never been cheated by caseinsites.Never seen them cheat. I heard in a news the other day that a Nigerian man won $51,000 dollars a few days ago.But this person took his money well and they were not defrauded.So really we have to avoid all the misconceptions that we are immersed in.We should always think positively.

I'd have to disagree with that. 2 or 3 bitcoinbooks have gone under in the last 3 months. After the World Cup ends, a lot more will go under. Here's a list of books that have closed or stiffed players. Some of the closed books did pay all players.

"F" rated books or out of business
1x2coinsportsbook (2018)
1xbit.com (2016)
Ball2Win
Betja (2021)
Betbit
BetCas
betking.io sportsbook closed Nov. 2018.
Betlake.com
betmatch.io closed 2018.
Betraft.com
Betroar.io (2020)
BetVIP
Bitbook
Bitbm
Bitcoinsport
Bitcoinlivebets
Bitcoinrush.io
Bitgame.online (2017)
bitsport.bet
Blockbet
BTCBonusBook (2015).
Casinoco (2015).
Coinbet
Coindrafts (2014)
Cryptobet.com (2020)
Dimecrypto.eu
DirectBet
Ghostbook (TOR)
Gobetgo (2013)
Jetwin.ps
Kawbet.com (2020)
Malubit (2019)
Match365
Pitibet.io D (2020)
Powerbet (2016)
Sportbet.im
StakeBTC
Webetcoins
webet7.com

[Don Pedro Dinero]

I'd have to disagree with that. 2 or 3 bitcoinbooks have gone under in the last 3 months. After the World Cup ends, a lot more will go under. Here's a list of books that have closed or stiffed players. Some of the closed books did pay all players.

Yes, but being asked for KYC, which is what this thread is about, is no guarantee that you won't be ripped off. With how common it is nowadays, I would even say that it is a strategy to go unnoticed. Casinos are also often accused of scamming because they don't ask for KYC when you lose and they do ask for it when you have won a certain amount, although in this case, it is something that is in the ToS of legitimate casinos, even though some illegitimate ones use it as another strategy to scam you.

[Peanutswar]

Why ? Just why ?

~~~

We need to change some misconceptions. There are many of us who don't like Totally Crypto Casino sites and we don't like their rules.But those of us involved with these cryptocaseinosides have never been cheated by caseinsites.Never seen them cheat. I heard in a news the other day that a Nigerian man won $51,000 dollars a few days ago.But this person took his money well and they were not defrauded.So really we have to avoid all the misconceptions that we are immersed in.We should always think positively.

There are a lot of people who want to keep themselves as anonymous we know how the information right now can be used in different things and also if their information gets exposed in the public it is now easier to hackers or spammers to make immediate access to the person itself so this is just one of the factor why they want to keep their information and avoid KYC, but to benefits to the gambling casino and players at the same time is they can now easily make a transaction if there's a problem because they are verified and not tag as bot, spam or having suspicious activities.

[wxa7115]

I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance

By "compliance" do you mean being licensed? If yes then I have to disagree with you. There are many licensed casinos which turned out to be scams and, at the same time, there are many trusted services which do not have a license. Having a license has its benefits but it has nothing to do with reputation and it doesn't guarantee you won't get scammed, imo.

True, but with the huge number of scams that we have in the market of cryptocurrencies many people will prefer to play in a casino that has a license, as at least some procedures were taken to verify the identity of the persons behind that casino.

And unfortunately this means that many gamblers will have to accept identifying themselves at some point, however as you say this is not a guarantee, which is why many gamblers are mad they still have to identify themselves as in any other fiat casino but they are still getting scammed at an alarming rate.

[lienfaye]

It also became stupid because the documents gathered using this Know Your Customer process can be used on identity theft and other illegal related schemes.

This is one of the reason why many gamblers are hesitant to comply on kyc verification or staying away to casinos who have such requirement. There's a possibility for our informations to be used in illegal activities if there's a data breach.

Anyhow, there are still casinos who don't require their players to undergo this verification unless the account is suspicious or exceeds the limit for withdrawal (often this is the case for sudden implementation), so we must be prepared for this if you still want to play in a crypto casino.

[Haunebu]

Why? Are you kidding with me op? KYC is easily one of the most annoying aspects of crypto gambling which is why most crypto gamblers including me detest it and submit it only when absolutely necessary.

KYC basically nullifies the differences between crypto and FIAT gambling sites by eliminating the anonymity feature which sucks big-time in my opinion.

Many crypto gambling sites provide all sorts of excuses such as legalization requirements, security etc in order to justify enforcing KYC.

[Docnaster]

I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.

I don't know why any time I play in a gambling which does not require kyc, I will feel that anything can happen to the company or my money. I will feel insecure and will play with small money and little wager in order not to win big. No matter how the company says they don't kyc, you must do kyc if you win big or even the company will run away with your money or victimise you. When they say No kyc, have it at the back of your mind that there's some form of kyc at the end.

[btc78]

I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.

I don't know why any time I play in a gambling which does not require kyc, I will feel that anything can happen to the company or my money. I will feel insecure and will play with small money and little wager in order not to win big. No matter how the company says they don't kyc, you must do kyc if you win big or even the company will run away with your money or victimise you. When they say No kyc, have it at the back of your mind that there's some form of kyc at the end.

Maybe you have already some experience about those site that does not ask for KYC but all of a sudden when you wanted to withdraw they will ask?

and also many times that  we have seen this issue here ,. that players made post about they are suddenly being required of KYC .

so legit casino nowadays ask KYC right away upon creating of account.

[ziportan]

it actually is stupid.. and whats more shocking is people actually prefer sites like stake.com which even asks proof of funds lmfao.. thats totally absurd

[ethereumhunter]

I bet OP can't give one reputable casino that does not ask for KYC, reputation, and compliance go together, a casino cannot be reputable without compliance, I don't think people will patronize an establishment online or offline with being regulated or licensed especially if big money is involved, it is illegal to run a project online which ask people to deposit so if OP is naive not to play in a casino that asks for KYC it's his own choice and his choice is not only risky but very limited.

I don't know why any time I play in a gambling which does not require kyc, I will feel that anything can happen to the company or my money. I will feel insecure and will play with small money and little wager in order not to win big. No matter how the company says they don't kyc, you must do kyc if you win big or even the company will run away with your money or victimise you. When they say No kyc, have it at the back of your mind that there's some form of kyc at the end.

Maybe you have already some experience about those site that does not ask for KYC but all of a sudden when you wanted to withdraw they will ask?

and also many times that  we have seen this issue here ,. that players made post about they are suddenly being required of KYC .

so legit casino nowadays ask KYC right away upon creating of account.

I'm that because he's read a lot of casinos that suddenly ask their members for KYC, especially if they can win a lot of money. So if you spend a lot of money on gambling, be prepared to do KYC. Otherwise, reducing the amount of money you spend gambling might be better. That will help you to avoid KYC. Although you cannot completely avoid KYC, at least you can play gambling without worrying about being asked for KYC. But be careful if you want to do KYC and it's better to play gambling at a reputable casino so that if you are asked to KYC, you do it at a casino that can provide security for your data.