Anonymity is no longer a benefit of gambling with cryptocurrency.

[Sim_card]

Most cryto casino are centralized because of the government in their countries who have now see that there is money in the business and has come up with government policy to regulate the casino. Since crypto casinos don't want to run out of business, they decided to abide with the government policy by making it mandatory for KYC. There are only few casinos who are decentralized and I don't think that a gambler will be able to cash out huge sum of money for such casino. I think that as time passes on,we might not be able to see a decentralized casino anymore. Government wouldn't just allow crypto to be anonymous as they are doing everything to centralize anything that involves crypto,but they can't do this on bitcoin.

[TheUltraElite]

The KYC requirement is something that every casino now needs to comply with. Otherwise they risk losing their business and face the music. There are many casinos that come up and have a usual ~1 to 2 year period when they remain KYC-free. This is taken advantage of by many gamblers before they declare a KYC wave and the gamblers move to another casino.

Point is that gambling will not stop and privacy requirments will continue to be there. This ends up being a cat and mouse game and eventually gamblers will have to accept one or the other, either submit kyc and play on one casino which they trust or keep jumping ships every year.

[Don Pedro Dinero]

The KYC requirement is something that every casino now needs to comply with.

In some cases they at least put it in the ToS for show. If you deposit and bet low amounts they don't ask for KYC. I've never been asked for it so far. And then there are some that in theory ask for KYC if you go over, for example, $2,000 or in total deposits or winnings, but they turn a blind eye and don't ask for it until a much higher amount. In theory this is to make it look like they are collaborating with AML, but they know that no KYC is a big attraction for them.

[Reatim]

 

Casinos that do a lot of KYC are more likely to steal your money than casinos without KYC. Casinos use KYC as a reason not to pay.

Some casinos have been accused of this, but I think well established casinos have much more at stake and are not worried about stealing $1-10k from their players. I'm guessing those that are hit with the KYC and get funds confiscated were probably doing something the casino prohibits. Multi accounts, arbitrage betting, abusing bonuses, or something that violates terms.

There are offenses that I agree players should be punished for but this thread is not about that.

But eventhough , if someone who are not  aware of how to claim their cases or where to accuse such casino will end up losing the battle and I think most casino tries to act such way , if the players knows where to put there issues then they will be resolved but those who are not? then sorry for their losses.
though Of course there are still good reputable casino that only act asking KYC for security and for laws and nothing extended .

and also good sight in this matter mate because lets admit that this is truly happening maybe not everytime but still existing .

[tusandii]

-snip-

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

It all depends on your point of view regarding KYC verification, which almost all casinos enforce.
If you think that KYC is a way to maintain gambling sites because can avoid fraudulent or illegal actions regarding money laundering where such problems are very detrimental and risk the survival of gambling sites, then you will not feel disadvantaged and think about anonymity.
But if you only think about personal gain about anonymity so you don't want the casino to know your identity then it is impossible for you to receive KYC verification at any time.

But I think more and more people are aware of the importance of KYC verification so that slowly they can accept every casino that enforces KYC verification.

[Wexnident]

I was reading and I saw something that I would have agreed with before, but not anymore because of how much things have changed in the crypto gambling.
~
 
Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

It's true. It isn't that there are no casinos that don't accept KYC (Afaik there are still a few ones out there), but the majority due to the rules that the licenses that they got from whoever is allowing their services to be offered, KYC is a pretty much-required rule nowadays. It's a counter for money laundering on paper but in essence, it's basically trying to control everyone or have access to info of every player so that they can track pretty much everything.

But well, despite that, I highly doubt reputable casinos would sell personal info of their players to outside, that's their reputation we're talking about. And while there are instances of casinos locking player accounts, they're mostly because of ToS violations. The only bad side of this is that our info is on the hands of someone else, and security isn't necessarily a guarantee in almost all cases.

[topbitcoin]

This is due to the government's involvement in regulation.
Some sites have no other choice as they want to be something good and be considered legal so inevitably they have to follow the regulations that the government wants including KYC which of course this also makes all affected by the regulations.

Now even though there are still some big sites that do not implement KYC in it but looking at the current movement it seems that some other sites have implemented KYC so we must also be prepared for it.

The choice may be to do KYC and gamble safely or not to do KYC but there will definitely be some obstacles that you will encounter when playing.

[Shinpako09]

This is unavoidable since governments/organizations are concerned about unlawful activity and owners do not want to be involved in it. At the very least, we are only recognized by the owners or teams in charge of handling information, not the entire community of that gaming site, and won't be shared elsewhere. I don't need to be concerned as long as the site is reputable.

[ethereumhunter]

KYC verification in crypto casinos has now become like an obligation that must be fulfilled by every member. We also don't need to be surprised because this is all due to regulations from the government who want to know who are crypto casino users and how much money they use to gamble at crypto casinos.

And it seems that every casino should update the information on their site so that everyone who visits the casino can read the changes in the casino. And this can also give them a warning that playing gambling using crypto doesn't mean they can hide their identity. So everything will be their responsibility in playing gambling at crypto casinos.

[Distinctin]

You are not wrong, but there are still casinos that requires no KYC, more of them will later request there customers for KYC verification.

This means that the promises are not true. When they promote anonymous gambling, it should be understood as a general implementation for the industry. Maybe there are gambling sites that do not require KYC at the beginning, but later on, they'll require it, which would break the promise they are promoting. Therefore, they better not use the words 'anonymous gambling' as it does not truly exist nowadays.

Personally, I enjoy gambling anonymously now, but I'm not confident it will last longer as I already know the trend. One thing to remember is that as crypto is being embraced more by the people, regulators will try to make sure that everything is monitored through their regulations.

REGULATION ===> ANONYMITY!

[robelneo]

Casinos prefer to be compliant with what the government asked of them than satisfy the needs of the Crypto gambling community, compliance that the money coming into casinos is clean money and not dirty money coming from hacking and scamming, and its also part of the terms of their license issuer.
No KYC will attract a lot of players which is some casinos implement this for small players but if there's a big amount involved that's where KYC will be implemented.
We cannot do away with KYC it's the casinos' protection, all we can do is find reputable casinos that we can trust with our sensitive information and will not use the KYC features to scam people.
I've seen casinos using failed compliance to KYC coming from their users to withhold their earnings and this is not good.
This is the reality of playing in Crypto casinos we have to do KYC along the way and the documents should be valid and will pass to what the casinos are asking.

[iv4n]

...
Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

Well, the crypto gambling space is a wild west as someone said a long time ago. Many people would like to see crypto gambling more regulated, but with that, we can expect more rules.

There's still anonymity in crypto casinos, at least for all of us who gamble small amounts... but I doubt that we can see some general update that will cover all crypto casinos. I don't like to read ToS and I rarely do it, except when I have some issues, but before registering in some casino I am already aware of their basic rules... doesn't matter if I saw that info here on the forum in their ANN thread or from the BTCGosu review page. With that said people should check for some basics, if they didn't already, before registering in any crypto casino.

[Helena Yu]

Most of people don't care about anonymity, but they're care with the risk of their life.

When you gamble in online casino and submit your KYC, only the team behind casino know your face, your location, your wealth etc.

But if you gamble in offline casino, you need to reveal your identity, other gamblers will know your face, they will pay attention with your car, how much you bet, your friend, your body etc. Which make many people aren't comfortable.

[Taskford]

Casinos prefer to be compliant with what the government asked of them than satisfy the needs of the Crypto gambling community, compliance that the money coming into casinos is clean money and not dirty money coming from hacking and scamming, and its also part of the terms of their license issuer.
No KYC will attract a lot of players which is some casinos implement this for small players but if there's a big amount involved that's where KYC will be implemented.
We cannot do away with KYC it's the casinos' protection, all we can do is find reputable casinos that we can trust with our sensitive information and will not use the KYC features to scam people.
I've seen casinos using failed compliance to KYC coming from their users to withhold their earnings and this is not good.
This is the reality of playing in Crypto casinos we have to do KYC along the way and the documents should be valid and will pass to what the casinos are asking.

If they don't comply then there operation became illegal that's why its good that reputable casino did that KYC thing just to make things legitimate to them and they will not be flagged by government since it can ease our worries about their legalities for doing that actions. Although KYC still a main concern by others but for sure majority can accept this and anonymity is not a main concern on casino since many people will get used to this new implementation made by legit casinos.

[pawanjain]

I was reading and I saw something that I would have agreed with before, but not anymore because of how much things have changed in the crypto gambling.

Faster and more secure transactions: Crypto transactions are processed much faster than traditional bank transfers, and they are also more secure.
   
Anonymity: Crypto casinos allow players to remain anonymous, which is appealing to some players.
   
Wider variety of games: Crypto casinos offer a wider variety of games than traditional online casinos.
   
More generous bonuses: Crypto casinos often offer more generous bonuses than traditional online casinos.

https://indiacsr.in/what-is-a-crypto-casino-meaning-advantages-and-potential-risks-explained/

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

While you are right at your point but unlike exchanges, there are still few reputable casinos left which do not need KYC details.
At least upto a certain limit they won't ask for KYC details for gambling on their platform.
For the time being, anonymity is still a benefit in gambling.

[Odusko]

Casinos that do a lot of KYC are more likely to steal your money than casinos without KYC. Casinos use KYC as a reason not to pay.

Some casinos have been accused of this, but I think well established casinos have much more at stake and are not worried about stealing $1-10k from their players. I'm guessing those that are hit with the KYC and get funds confiscated were probably doing something the casino prohibits. Multi accounts, arbitrage betting, abusing bonuses, or something that violates terms.

There are offenses that I agree players should be punished for but this thread is not about that.

But eventhough , if someone who are not  aware of how to claim their cases or where to accuse such casino will end up losing the battle and I think most casino tries to act such way , if the players knows where to put there issues then they will be resolved but those who are not? then sorry for their losses.
though Of course there are still good reputable casino that only act asking KYC for security and for laws and nothing extended .

and also good sight in this matter mate because lets admit that this is truly happening maybe not everytime but still exists.

The bottom of the argument is that, as soon as you settle to use a casino, you should be willing to get through with all their rules this is because those rules will apply to you while you play for them, what I prefer to do most times is to first of all look at the terms and conditions of the casino and if they have KYC I will try to pass through them and verify my accounts at the point of opening.
So that in the future when u have a need it won't be a problem at that time and that is the most prominent thing to do in most cases because if you are triggered by the casino to do kyc it may become hard for you at that point but if you already have your KYC done it will be less very easy for you to operate freely in the casino and being able to withdraw any amount.

[Hypnosis00]

You are not wrong, but there are still casinos that requires no KYC, more of them will later request there customers for KYC verification. Nearly all the crypto gambling sites of today are centralized. Although some are claiming to be web3 which you can connect your noncustodial wallet to, which are not centralized. But as for centralized gambling sites, we should not think of them as no KYC gambling sites, there are still few that require no KYC though for low amount withdrawal.

I'd see some gambling sites offer no KYC but something to be aware of is that once you withdraw huge amount, they'll asking you for KYC verification.
Which I think that it was a trick to let a gambler registred their platform and in soon they will ask for KYC to complete any transactions. Well, that is know that it was already a standard procedure for any gambling sites now and in order for them to be legal, the government  had also advice to do so as this will help to prevent fraud and illegal transactions.

[Gozie51]

But if you gamble in offline casino, you need to reveal your identity, other gamblers will know your face, they will pay attention with your car, how much you bet, your friend, your body etc. Which make many people aren't comfortable.

Of line betting and online are not the same thing. Of line betting is usually with fiat which already has no secret involve in it especially when you are betting very small amount. People who bet huge with fiat do that in secret either they are betting only in the presence of the manager in his office which can be allowed or they bet from their phone online with fiat but there is something with cryptocurrency especially bitcoin. People don't like to expose themselves on how rich they are in bitcoin or crypto. You can't compare the value of cryptocurrency to fiat and exposing yourself to how much you have in bitcoin is risky

[Bitcoin_people]

There are still many casino platforms that do not require KYC, but nowadays most casino platforms request KYC. Most crypto casinos today are centralized which is why KYC verification of customers is done. But there are many casino platforms which do not verify KYC but they ensure all the benefits to the players. Although there are some casino platforms that do not require KYC for small withdrawals, players are asked for kyc for larger amounts. There are only some platforms where casinos ask players to verify this kyc when they win a large amount of money, but I think it's not bad if it's convenient and safe for a player.

[_act_]

It still is, but you will have to look for that platform that doesn't require KYC. At this point in time, though, you're like looking for a needle in a haystack to find one. Most have KYC phrases in their terms and conditions already. But I guess the likes of Anonibet remains anonymous for gamblers. However, with anonymous platforms being very few, you cannot be very picky as to your preferred features. You don't have much choice.

Let me tell you something, you need to read the terms and conditions of the gambling sites regarding KYC. You may see the gambling sites saying that they do not require KYC, but go to their terms and conditions to find out. All of the gambling sites that I know have a limit when they will ask for KYC if the money you want to withdraw exceed the withdrawal limit for each transaction.

With the development of gambling platforms though, web3 features such as connecting your own crypto wallet is already in place. You don't have to make a deposit anymore. So that's something provided by crypto gambling platforms that's probably anonymity-friendly.

This is the only better option that remains, but they do not support bitcoin.