Thinking about opening a cryptocasino

[LEVSKI7]

Complete nonsense with this KUS. This kenef Curacao does not monitor anything, everything is on paper. besides, with a license from Curacao, the sites are still illegal.the only benefit of a curacao license is that lawyers can file a lawsuit.in fact, it has become a lucrative business for lawyers there

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[Betcrypto.cr]

We don't need to pay any income tax virtual casinos and sportbooks are except of taxes
Also, if any costa rican virtual casino rug, you can still sue the company for fraud.
Here are some examples of popular Costa Rican base gambling sites Bodog.com , americascardroom.eu , 5dimes

Ok, thanks for correcting me. I hope you understand that casino without any need for KYC seems suspicious. And as it still seems suspicious i checked those sites you mentioned:

5dimes wanted my passport during registration, americascardroom checks that i am 18 years old to play, and bodog.com blocked me so i can't check that.

So i guess my question is, why do these sites bother with user identification if there's a way around it in Costa Rica?

Because they allow fiat deposit methods like debit/credit cards - western union etc they need that info to be able to decrease their chargeback rate

i mention those sites just to point there is a lot of big gambling sites who operate from Costa Rica

[PX-Z]

But without any license or if you acquire a license not recognized by the majority of the country, you will be operating illegally.  Isn't that another concern?

This is how most crypto casinos operate in the past not until when they try to add more fiat payment options, business insurance, more games from a licensed provider and probably required them to be licensed as well. Since KYC requirement is a thing needed to ask for AML by the government so be it.

[Betcrypto.cr]

I was born in Costa Rica and still live in Costa Rica so i will follow my country regulation so with current regulation i can operate legally an anonymous crypto casino

I looked it up and your government will tolerate this kind of operation as long as you don't offer your services to Costa Rican residents nor you can use their banking system for it. So hopefully you are getting your expemses paid with crypto only. Because there's no bank in the world that will deal with your money as long as you are not following any aml laws. Even crypto cex:es get their orders from regulators and get to froze your accounts if asked.

And obviously when you make money from this you need to pay income tax as costa rica isn't pure tax heaven, so i am wondering how will you do that without possibility to convert anything to fiat? Perhaps your lawyer has figured it out as i sure haven't.

Also i wouldn't really see that my money would be safe when there are no regulations preveting you rugging everyone.

Nitrobetting is also operating from Costa Rica, and exclude requiring any KYC of any form at anytime in its ToS and nobody tell them such things. They even benefit of a rather good reputation here AFAIK. So I think OP could really be able to provide that, moreover if he is fair and honest he can warn users and let them withdrawing their funds before applying a new KYC policy if one day Costa Rica authorities require it.

Thanks we are just going to work with 1 Visionary iGaming also known as VIG they are also from costa rica all the dealers are also from here

I didn't have the opportunity to play at this provider until now but what you are saying entice me to try it.

ohh yeah you are right i forgot about Nitrobetting they are from costa rica also and they have never ask for KYC
I will add to my TOS that if we are someday required by law to apply KYC we are going to notified users before applying it

[passwordnow]

About #1, many casinos have touted this but in the end, it's ultimately to protect the casino's interests.

Operating in Crypto space for 5+ years. Never asked for KYC.

Check Chain-Bet.com.

Thread - https://bitcointalk.org/index.php?topic=1492457.0.

I didn't know about it but I've heard them and I'll take a look that they've never asked for KYC. I know that it's a different genre of game that won't usually be in the eyes of those who ask KYC but good job for doing that.
It seems that the concern of the majority is all about #1 and if you have maintain that for 5+ years then that's a really consistent thing on you that you can boast but it's a different genre for the casino that op will be launching and most likely they'll ask for it in the future.

[Betcrypto.cr]

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Get a license but once you got one you are automatically subject to regulation so the 1. would be a hopium for those who are looking for a no KYC policy which will never happen    Better to modify #1 and never promise that there is no KYC.  

I was born in Costa Rica and still live in Costa Rica so i will follow my country regulation so with current regulation i can operate legally an anonymous crypto casino

But without any license or if you acquire a license not recognized by the majority of the country, you will be operating illegally.  Isn't that another concern?

Hehehe no it is not hopium we have a Costa Rica license and we are not required by law to ask for KYC

also, it is not a concern to us because we live in costa rica so we only follow costa rica laws

[Cantsay]

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Your website states that you won't be accepting people from Costa Rica.

Mind if I ask why?

And I also think you should add link to your website in Op so others can easily access it.

[Betcrypto.cr]

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Your website states that you won't be accepting people from Costa Rica.

Mind if I ask why?

Because the Costa Rican online gambling law does not allow me to accept players from Costa Rica

About #1, many casinos have touted this but in the end, it's ultimately to protect the casino's interests.

Are you sure you guys aren't gonna process KYC in case some withdraws or deposits are suspicious?

No KYC requirement I think might not work for a new casino like in some instances where a gambler makes suspicious deposit or withrawal. Most likely, if you stick to that, your casino might not last longer as the house will be taken advantage by some wise gamblers. I suggest do not go for a KYC free the whole time, that’s fine with small bettings and small winnings, but for high rollers that are also capable for big winnings, you can always require for KYC like established casinos do.

No, we are never going to ask for KYC we have a limit bet amount per account
We are going to take normal small bets at the beginning >$100 when we have a big bankroll maybe we can start incrementing the account limits for high rollers

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[LEVSKI7]

Which odds provider will you use.will there be personal limits for players

[Betcrypto.cr]

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Moat of these features you have mentioned are available on many casinos and I want you to try look for some interesting features apart from the ones you have listed. Gamblers need to see something unique that will make them want to leave there current casino and go for a new one that has nice features than the one they are suing with simple interface.

Yeap that is why we are asking feedback from players
We want to implement those features in our casino

as everyone has already said, it will be very difficult not to ask for KYC unless you want to run a casino without a license, and that would already be a crime that could punish you and punish customers and I doubt that there are many people willing to risk creating an account in a casino without leave. what I think you should add is that you have to put people with programming and support knowledge and give support people training so they are quick to solve people's problems

Well we have a Costa Rican license and we are in rule with Costa Rica gambling laws
 
we are from Costa Rica 

1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount

  - No offense to you OP, but I doubt what you said. Do you know that as far as I know, many people make such rules and regulations in crypto gambling that usually in the end they do not fulfill what you said?

That's why I've seen a lot of people complaining that this is the reason for most gamblers, they say there are no KYC rules, but when they are about to release the winnings of large amounts, the gambling platform suddenly asks the gambler to provide KYC. theirs.

How can it be proven that you will do and fulfill this thing without KYC? Are you sure? it's even better to say no early so that other gamblers don't waste their time, then others are okay to submit KYC as long as it is under government regulation.

Yeah we are sure we will never ask for KYC or any personal info

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

Basically you're creating a casino with no knowledge at all, you can't operate a casino where it is banned legally by the government so no casino can exist worldwide and more to that different countries have different restrictions which forces the casinos to collect more personal data and other information and has to be reported to IRS and respective officials whenever its needed.

I would like to have one as you mentioned but practically it is not possible, anyway the point you asked add instant withdrawal and zero fee is possible.

Well you are talking about other countries regulations we are from Costa Rica and we only follow Costa Rican laws our gambling law is different we are not required to collect any personal data and we are allow to accept bets from any where

About the instant deposit and withdrawal yeah we are working on that we have instant deposit and for the first version the withdrawals are going to be manual

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[SweetL0u]

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

A new VIP system that rewards loyalty and not only highrollers.

[Betcrypto.cr]

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount

Most gamblers try to hide themselves and find KYC free casinos .your casino offering 100% anonymous feature . then how about casino licence . is Your casino is properly licensed ? As far as I know if you want to get a casino license then you must have a rules and regulation on your site and ask users for kyc for high amount bets and withdrawal.  Because bad things like money laundering are done through gambling.  And this is a crime

2) we are also going to have a live casino

Ok this is great and common features

3) we are going to accept privacy coins like XMR

Yes this is a good feature and it allows users to deposit quickly with untracked transcation

Yeah we have a Costa Rican gambling license the thing about Costa Rica license is we are not required by law to do KYC we only follow the law

Thanks yeah i think a lot of privacy focus users would love to use XMR is the perfect coin for a crypto casino

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount

I doubt you will be able to do that. The biggest challenge for a casino is to fight against the frauds. Bonus abusers will make your life as hell and eventually they will take your profits resulting the business down. However it you can afford to be 100% anonymous then good luck :-)

what else should we add?

Launch it then you can add any feature on demand. I wonder which provider you are going with?

Have regular offers and do effective promotions in all possible advertising networks including on the forum. Feel free to contact me for bitcointalk promotion if you decide.

Experience is the best teacher as it is said. Royse777 has experience all the things you need to know because he has experienced it from bitlucy, mostly the bonus abusers, and multiple accounts owners, therefore I suggest that you should listen to his advices and also ask him more.


OP since you are not using KYC, how are you going to detect your customers sincerity? What I will say is that, your payment system should be very smooth to your customers both in the site and here if there will be any campaign. You should add Bitcoin as the Major currency for payment.

Thanks yeah about the bonus cheaters i think we have to sacrifice that and offer low bonus so we can be always 100% a KYC free site

we don't trace our players we are only going to ask for an email address and a password

yes we are going to add BTC as our major currency

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[khaled0111]

I just visited your website and it looks nice! I found typo: "No account need it" I think it should be "No account needed".
Also, I see you have a shopping cart. What is it used for?
What cryptocurrencies do you accept other than XMR?

about the bonus abusers we have to see how to deal with them i think we will sacrifice bonus to be able to run a 100% KYC free casino

If you are going to do this then you should make up for it by offering more and higher rewards for regular and loyal players. Or just keep it and have harder requirements for bonus winnings withdrawals.

[Chikito]

Yeah we have a Costa Rican gambling license the thing about Costa Rica license is we are not required by law to do KYC we only follow the law

Thanks yeah i think a lot of privacy focus users would love to use XMR is the perfect coin for a crypto casino

We discuss imagination here (no link on OP) and seem like too far if continue with KYC or discuss about limit bet above. What people want to know 1st is the physical form of your gambling site. I still don't know your GUI and what your offer is if you don't have a site yet. If you try marketing like this, you must have something good to offer like; offering 1st register bonus, or a bounty to try the website.

[Betcrypto.cr]

I just visited your website and it looks nice! I found typo: "No account need it" I think it should be "No account needed".
Also, I see you have a shopping cart. What is it used for?
What cryptocurrencies do you accept other than XMR?

about the bonus abusers we have to see how to deal with them i think we will sacrifice bonus to be able to run a 100% KYC free casino

If you are going to do this then you should make up for it by offering more and higher rewards for regular and loyal players. Or just keep it and have harder requirements for bonus winnings withdrawals.

Thanks, hehehe F i will change it ASAP

The shopping cart is for purchase tickets for an XMR lotto game we have

We are going to accept XMR BTC  DASH and any other coins players ask for and have liquidity

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount
2) we are also going to have a live casino
3) we are going to accept privacy coins like XMR
4) You can place bets over the phone 24/7
5) Is going to be available worldwide

what else should we add?

Let us know

A new VIP system that rewards loyalty and not only highrollers.

Ohh thanks for the feedback yeah that would be a great feature we are definitely going to add it   

Same game parlays would be awesome. I'd love to be able to bet the over/under and the spread in the same game whereas most sportsbooks only allow 1 or the other. Another thing is to have quick withdrawals, anything over an hour is nuts IMO unless you suspect an abuser.

Thanks ok i think we could enable that
About the withdrawals for our beta they are going to be done manually so i hope it will take max 1 hour, we are developing an instat withdraw systems but we need it to test it a LOT

[moderator's note: consecutive posts merged]

[Strongkored]

yeah, we need to think a way to offer bonus and don't get target by bonus cheaters

You need to have strict rules in place to avoid bonus abuse, although there is always someone capable of doing that.
Whether your casino is already under development or is this just the first step by asking members for advice.

and don't making multiple post in-row that's violate forum rules, you can simply quote each question from the member you want to reply or just mention the username if it is difficult to quote one by one in 1 post

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

[Betcrypto.cr]

yeah, we need to think a way to offer bonus and don't get target by bonus cheaters

You need to have strict rules in place to avoid bonus abuse, although there is always someone capable of doing that.
Whether your casino is already under development or is this just the first step by asking members for advice.

and don't making multiple post in-row that's violate forum rules, you can simply quote each question from the member you want to reply or just mention the username if it is difficult to quote one by one in 1 post

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

Thanks we are thinking instead of bonus we can do a loyalty program so if someone play x amount in one month we are going to give cash back idk we are still looking for the best way to don't get target by bonus cheaters,  we are almost finish look https://imgur.com/a/MXD73HS \ https://imgur.com/a/m5A214t \

yeah, i am sorry about the multiple post in-row it will never going to happen again

[piebeyb]

no need to add much to your gambling site, as long as your site provides promotions and bonuses usually it will be more attractive to new people, don't forget to add dice rolls

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount

I think this will be difficult to implement because maybe money laundering or bonus abuse is also there or other fraud, your marketing is too extreme this is not because you want your site to look cool from other gambling sites respecting gamblers without KYC, it's just that we know KYC can also prevent it from happening. any crime

[Betcrypto.cr]

no need to add much to your gambling site, as long as your site provides promotions and bonuses usually it will be more attractive to new people, don't forget to add dice rolls

Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month

Some features of our casino / sportsbook:
1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount

I think this will be difficult to implement because maybe money laundering or bonus abuse is also there or other fraud, your marketing is too extreme this is not because you want your site to look cool from other gambling sites respecting gamblers without KYC, it's just that we know KYC can also prevent it from happening. any crime

Thanks yes I think we have to sacrifice bonus so we can be able to be 100% free KYC if we do bonus our site is going to be a target I think we can do a loyalty program doesn't matter the amount the player bet if they bet x amount of time in one month they will get cash back or free rolls etc

[yahoo62278]

I would also make it a point to make new slots a priority. I play a couple sites who don't get all the new slots as fast as other sites such as Stake or Gamdom. Kinda makes me feel like the slower sites may be pirating games.