Crypt0Gore (OP)
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March 12, 2023, 04:16:10 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
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bettercrypto
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March 12, 2023, 04:25:05 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
As far as I know, there are casinos here in crypto gambling that announce that they do not have KYC for their future players on their gambling website platform, but when a withdrawal of a large amount comes, other casinos suddenly break or destroy what they first announced, that's why gambler is suddenly making accusations against the casino platform. But there are other casinos that immediately say that you need to submit a kyc, which for me is okay because at least they are transparent and don't hide anything from their future clients. And in this style of casino it has a good impact at least I think.
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cabron
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March 12, 2023, 04:31:32 PM |
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They will be accused of lying when they actually are asking KYC even when you just withdraw $****. Casino's reputation will be at risk, you know how reputation can be tainted easily nowadays.
Almost all casinos today ask for KYC. If not they will ask for Phone authentication. I did try withdrawing just $70 worth of TRX from one casino recently and it's allowing me to do it but I have to confirm and enable my phone authentication which I'm also not willing since this is just a casino.
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yahoo62278
Legendary
Online
Activity: 3710
Merit: 4491
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March 12, 2023, 04:41:51 PM |
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It may depend on their license as to whether they are even allowed to display that message. Casinos with a fake license or no license may display that message to try to get users to deposit and then KYC any wd to keep the funds.
To me KYC is bullshit honestly. We make our crypto however we make it. We should be able to spend it however we want.
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so98nn
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March 12, 2023, 04:55:36 PM |
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Frankly it is an issue if you consider it as an issue. In long run KYC verification is important as you grow your account. Imagine a situation where you have ton of money in it and suddenly there is site crash or let’s say there is hack or something and your money is lost. You can always claim back your funds by show casing validity of your account. Because in above mentioned events things could go south to north quickly and they might start investigating about it. Since you will have your verification done you can prove your identity or in some extreme cases you will be able to file law suit against the casino if they deny the refunds or lost assets. If you don’t wanna get verified then decentralised casinos are there but who knows the validity of same?
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YOSHIE
Legendary
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March 12, 2023, 04:58:17 PM |
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Some people visit online casinos, just for fun and as entertainment for them, there are also those who really are addicted solely to earn and hope to win.
For various reasons, the majority of users think that KYC requirements are not needed, because it is not only for entertainment that they have to share their original identities, some gamblers don't want to share that, For various reasons, the majority of users think that KYC requirements are not needed, because it is not only for entertainment that they have to share their original identities, some gamblers don't want to share that.
There are many other reasons, which make gambling bettors reluctant to KYC, they are afraid they will not pass and become a serious obstacle for them regarding finances, with how many reasons are logic and experience.
If the casino displays that the user must have KYC at the initial registration/login, I think very few users will want to visit the casino, even when large withdrawals, kyc is required.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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electronicash
Legendary
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March 12, 2023, 05:04:10 PM |
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they could entice users to it. even the players who just bet below $50 are not risking their documents to casinos. withdrawing a thousand is enough to keep them stay. but is the gaming regulation allowing this?
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Coin_trader
Copper Member
Legendary
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Merit: 1202
Leading Crypto Sports Betting & Casino Platform
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March 12, 2023, 05:05:49 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
This is all about the casino license like Curacao which typically requires casino to have a KYC with their customers as part of Anti Money Laundering policy since many criminals use casino to mixed money. Only casino that is decentralized or doesn’t have e-gaming license offer a no KYC requirements boldly because they doesn’t have any regulators that watching them. Don’t blame casino for the casino because it’s part of the legal process to operate freely without violating any law in most of the country which there consumer are playing.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Findingnemo
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March 12, 2023, 05:10:41 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
You can see lots of them but everything will be scam cause for a gambling operator which is under q regulatory body should follow all the guidelines to operate their website so it's not in their hands since it is created by the governments and online casinos are also a part of this centralized system has no other choice. KYC is not really affecting a common user so the casinos with mandatory KYC even have huge wagering and betting amounts.
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Slow death
Legendary
Online
Activity: 3122
Merit: 1120
Leading Crypto Sports Betting & Casino Platform
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March 12, 2023, 05:21:10 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
you have to wonder why exchanges ask for KYC even though they are cryptocurrency exchanges. the principle is the same: they are government rules to combat money laundering. casinos handle money from customers, they handle license and the license provider in their TOS probably requires the casino to ask KYC to their customers, of course crypto casinos don't ask all customers to do KYC when they create an account, they ask for KYC when they detect some suspicious activity, at least that's acceptable, although I hate KYC I did KYC at the casino I like and trust, I'm talking about my signature casino Of course, I only use one casino, and the reason is simple: I don't want to KYC 2, 3, 4 or dozens of casinos. The problem with KYC is that you like bonuses and want to use many casinos, you will be obliged to deliver documents in many casinos and this makes you very exposed. I don't understand how these guys who created KYC didn't create rules that helped people, all they did was put people in danger, when a person gives his address to the casino, that person can start not to sleep well, a criminal can have access to data and go to that person's house to harm him
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Merit.s
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March 12, 2023, 05:42:16 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
A casino that has it's license will ask customers of KYC because they have a monitor body that monitor their activities. Also it is better that I know this casino does KYC than,you say that no KYC and when I have won big,the casino starts asking for KYC,I will just leave my win because they are not transparent enough for me to deal with. I don't see the KYC thing as something terrible because when am having fun with gambling and I win big,I will love to withdraw my win easily without a delay or problem.
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BitcoinGirl.Club
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Bitcoingirl 2 is downloading 💓
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March 12, 2023, 06:15:03 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
Few days ago I was suggesting betnomi to do something similar. It was about proof of funds. The casino's wants to keep it in their terms page so that clients do not see something scary in front of them before depositing money. Imagine if a casino is doing it, I believe the deposit ratio will drop dramatically.
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serjent05
Legendary
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Up to 300% + 200 FS deposit bonuses
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March 12, 2023, 06:34:45 PM |
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KYC requirements getting normal in crypto casinos. Since the regulation and license is require for a casino to operate, they need to follow the law and KYC requirement is one of them. There might be some casinos that does not require KYC for small time gamblers but once a player gambles huge amount of money, they are require KYC to continue.
KYC verification is unavoidable in due time, so I think we should accept the fact that if we want to gamble in a licensed casino we have to undergo KYC verification else, if you have fear of KYC better stop gambling at all, or look for a decentralized casino or worst for an illegally operating casino. But of course, the latter is the worst choice.
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TimeTeller
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March 12, 2023, 06:36:26 PM |
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They will be accused of lying when they actually are asking KYC even when you just withdraw $****. Casino's reputation will be at risk, you know how reputation can be tainted easily nowadays.
Almost all casinos today ask for KYC. If not they will ask for Phone authentication. I did try withdrawing just $70 worth of TRX from one casino recently and it's allowing me to do it but I have to confirm and enable my phone authentication which I'm also not willing since this is just a casino.
If you are not willing to comply with their requirements, it means, you are letting go of your funds also. Most are asking KYC owed to their gambling license. However, some are still not requiring it if your deposit or withdrawal amount doesn't reach their max allowable limit. I believe, if the casino has legit license, expect that they will ask KYC at any point. So you need to prepare for this situation. However, if the casino has no license but requiring KYC, doubt their motive. High likely that they are scamming their users.
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Ryu_Ar1
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March 12, 2023, 06:38:57 PM |
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I think it comes back to reputation because regardless of anything nowadays reputation is very easy to tarnish especially in KYC issues. The condition is that if you want to withdraw and always ask for it I think the risk of being accused of fraud is definitely possible so this could be a problem for them and rather than that happening then indeed they make a license or rule for their policy.
But basically I personally still don't expect anything like that because this will only make me leave the site even though it might not be a loss for them but when it comes to KYC in gambling sites I will go from there.
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BobK71
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March 12, 2023, 06:49:24 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
The purpose of gambling with cryptocurrency is to remain anonymous. But when KYC is made mandatory there is nothing to do. However, many gambling sites do not make KYC mandatory. If any suspicious behavior persists, KYC becomes mandatory. Moreover, it is mandatory for all casino license holders to do so otherwise they may face legal complications. A lot of gambling sites are being added to the crypto casino platform these days so a gambler will find a platform to suit their needs. However, it is very useful to check out the best platforms before gambling.
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benalexis12
Full Member
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March 12, 2023, 07:01:59 PM |
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I remember one day I tried to play at livecasino, and although I was a new player on the platform I deposited 30$ and when I played its slot games I only had 4$ left in my balance and I said to myself that I don't seem to have any luck in playing at that time, and unexpectedly I suddenly got hit and the 4$ I had left became 116$ so I immediately decided to withdraw around 80$. At first I thought maybe there is a kyc needed to submit, but after 2 hours it was confirmed that the winnings I withdrew from the livecasino were transferred, meaning the kyc did not search for me because they saw that I did not violate their policy and rules, although there was no problem. to me if I provide kyc on their website.
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goldkingcoiner
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Verified Bitcoin Hodler
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March 12, 2023, 07:55:30 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
Its all just a marketing trick. In reality, before they give you your winnings, they are obligated by law to make sure that no money-laundering/terrorism sanction laws are broken. They NEED your KYC. This can be avoided for smaller amounts of money withdrawals but they can ask you for KYC for any amount. In fact, if you read the terms and conditions of these "KYC-free platforms" you will read exactly this truth: There are no KYC-Free platforms (Which are not scams). Of course if you are gambling with peanuts, it is not worth their time to scan your identity. The law permits this. And its more profitable for the casino to ignore you (time = money).
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Agbe
Legendary
Online
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"Crypto Casino and Sportsbook"
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March 12, 2023, 07:56:14 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
op you have been posting and asking creating a casino company with your friends, how is the project? But the way, from conceptual framework of your topic, I will say, nobody is afraid of KYC but the way the casino companies are doing is making people to be scared to use their sites. They only asked when you win a bet and want to withdraw, and if the KYC process is not successful they would block your account. And that is bad. Because the gambler was hoping to win his bet and now the casino has restricted him of redeeming his win from bets.
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South Park
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March 12, 2023, 08:02:22 PM |
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Have you ever seen a online casino website that displays, No kYC requirements or KYC requirement for **** amount of withdrawal before? And why won't any online casinos do something like this? I believe this is suppose to boost users and players confidence when they are about to try out new gambling platforms for the first time.
I believe this is still affecting online gambling platforms because this is one of the most common issues that online gamblers are still facing.
No licensed casino can make the claim they will never ask for KYC because in the terms of their license it is specified they have to comply with the law and do it, and even if at the beginning they may not like to do this if the casino becomes successful the owners are not going to sacrifice the riches they are getting just to protect one of their users, however what would be interesting is for casinos to tell us exactly at what point KYC will be asked from us, that way we will know for sure they are not just inventing excuses to not pay us what we are owed.
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