Anonymity is no longer a benefit of gambling with cryptocurrency.

[Rating Place]

The main purpose for KYC to decrease money laundering. It has no other purpose than it. Don't expect casino to use your identity. The casino just wanna see people play spending their money as much as possible in the game provided by that casino itself.

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

Adding to that, the casinos even want more users to welcome on their platform that's why as much as possible they don't want to give their users a hassle way of registering accounts and asking a bunch of identity-related things. But since the verification process is part of the regulation, they have no choice but to follow.

Fortunately, there are still lots of crypto-gambling sites that do not mandate KYC so better enjoy those while it lasts.

The information isn't safe because employees sell the databases with the customer information. With fiat books, there is full KYC and it happens quite often. The bigger the casino, the more the database is worth. I know of some that were being sold for $20k. Most casinos are located in Curacao and that's more than the average yearly salary in Curacao. Inside jobs will happen.

[jostorres]

There are still a couple of casinos that don't require any form of KYC and only enforce it when dealing with big amounts or when they find something suspicious. Examples are Crypto.Games, Bitcasino, Fairlay etc.

Silver lining here is that non-KYC casinos will always exist though they will almost always be less popular when compared to KYC casinos.

You can't call them non-KYC casinos if they will ask for KYC verification when someone tries to deposit or withdraw a big amount, or if they find something suspicious. A non-KYC casino by definition is a casino that doesn't ask for KYC verification at all, if you are requesting a big withdrawal, they might take some time to process it, but they wouldn't ask you to provide some identity for it to proceed further, that is what you would call a non-KYC casino.

If we consider that being non-KYC casinos, I believe a lot of casinos don't ask you for identify verification when you are depositing $50 and withdrawing $100 after completing the wagering requirements and everything, but when the amounts start to get big, that's when they prompt the verification process.

[blockman]

This isn't true. All the casinos have a license. Some just use the license to steal money from us.

While what you've said is true but there are actual casinos that don't have the license to operate and yet they still operate. They're only going to work on it when some folks noticed that and demands them to have.

No one of the forums has ever been caught money laundering so people should stop using the AML excuse.

Well, there have been in the past that some gamblers do complained that they've been locked with their balances. Not knowingly, when the casino that they're complaining about responded, some tend to actually do it. But these days, I doubt it that most casinos will give full disclosure of reasons like that.

[Outhue]

The main purpose for KYC to decrease money laundering. It has no other purpose than it. Don't expect casino to use your identity. The casino just wanna see people play spending their money as much as possible in the game provided by that casino itself.

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

Adding to that, the casinos even want more users to welcome on their platform that's why as much as possible they don't want to give their users a hassle way of registering accounts and asking a bunch of identity-related things. But since the verification process is part of the regulation, they have no choice but to follow.

Fortunately, there are still lots of crypto-gambling sites that do not mandate KYC so better enjoy those while it lasts.

KYC information for illegal activities is old school now, if KYC theft can cause a big damage we would have heard about bad news from every angle and the warning of taking KYC information very seriously would have filled everywhere including the News channel on TV, I don't believe that criminals can use any KYC theft to fake identity without knowing that's fake by the authority, the world is advancing in technology, even criminals that undergo face surgery to evade getting caught still end up getting apprehended.

The right method with KYC verification is to use your identity on trusted online casino, this is safer compared to casinos that have bad reputation, so do some research at first before passing KYC on any gambling platform.

[piebeyb]

The right method with KYC verification is to use your identity on trusted online casino, this is safer compared to casinos that have bad reputation, so do some research at first before passing KYC on any gambling platform.

Yes, that's what you should do, never make big deposits and play with big bets so you get big wins on small or new gambling platforms, because usually they will make it difficult for users with KYC, but if you play with community recommendations and are trusted on this forum, I'm sure everything will be safe, don't hesitate to ask this forum to do research and find the best platform.

I'm sure all the community will suggest the best platform where users don't have to provide identity and complete KYC for some reason so they won't be bothered with KYC problems, that's why asking the forum community is highly recommended considering we may have experience gambling on several platforms so we know how. services and regulatory systems used. anyone should do some research before gambling and it is very important

[slapper]

The main purpose for KYC to decrease money laundering. It has no other purpose than it. Don't expect casino to use your identity. The casino just wanna see people play spending their money as much as possible in the game provided by that casino itself.

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

Adding to that, the casinos even want more users to welcome on their platform that's why as much as possible they don't want to give their users a hassle way of registering accounts and asking a bunch of identity-related things. But since the verification process is part of the regulation, they have no choice but to follow.

Fortunately, there are still lots of crypto-gambling sites that do not mandate KYC so better enjoy those while it lasts.

KYC information for illegal activities is old school now, if KYC theft can cause a big damage we would have heard about bad news from every angle and the warning of taking KYC information very seriously would have filled everywhere including the News channel on TV, I don't believe that criminals can use any KYC theft to fake identity without knowing that's fake by the authority, the world is advancing in technology, even criminals that undergo face surgery to evade getting caught still end up getting apprehended.

The right method with KYC verification is to use your identity on trusted online casino, this is safer compared to casinos that have bad reputation, so do some research at first before passing KYC on any gambling platform.

I mean, it doesn't necessarily mean that KYC theft isn't occurring just because you aren't hearing about it on the news all day. You know, not everything negative makes headlines. After all, you hear about major celebrities getting into trouble, not every Tom, Dick, or Harry

Yes, technology is advancing, but thieves are also getting more sophisticated. What is meant by "deepfakes"? Very strange things. Not every stolen KYC makes headlines

I do agree with you regarding the casino part, though. Really, you should roll the dice somewhere legitimate if you have to do it online. DYOR and be careful

[michellee]

The right method with KYC verification is to use your identity on trusted online casino, this is safer compared to casinos that have bad reputation, so do some research at first before passing KYC on any gambling platform.

That is what we should do if we want to do KYC because by choosing KYC at a trusted online casino, our data will be safe from bad things that can happen and not be used for other things or misused. We have to make sure to do KYC at a trusted casino so that we are also calm about providing personal data.

And avoid being easily attracted by offers from casinos that say that they can get more bonuses by doing KYC at the casino. We don't know how the casino is and only by finding out more details can we do.

And if you don't want to do KYC to play gambling, you should look for other casinos that don't apply KYC to their users. Or you also don't need to play gambling if you feel uncomfortable implementing KYC for gambling users.

[kotajikikox]

I don't think there is anything wrong with that thought. If casinos are doing the KYC then they are abiding by their jurisdiction. Secondly, if they are doing the KYC then they are also making client-user contracts and it becomes one sort of evidence that we are registered on that casino, we have our cashier account too. As we move with time and make transactions they are getting recorded against our KYC so it's solid proof. Now, you never know when this proof will become an important thing in your life if somehow they do a scam of some type. This could be a lifesaver. I have seen peeps fighting for their life when some casinos ask for the KYC because if they have surpassed certain limits of transaction/winnings.

If that is the case then I hardly think the anonymous nature in a casino matters. I can understand when it comes to the physical one, but when it's an online casino, you have to be very cautious.

I prefer that casino do not ask for our KYC but usually this cannot be implemented in a real world because the casinos have to abide by the rules and regulations of the governing authorities and if they do not enforce KYC, these agencies will not allow them to run these casinos. We have to live with this.

However, Anonymity is a really good thing but unfortunately at present times when we have centralized gambling platforms, this seems impossible to remain anonymous.

The issue here is not whether a gambling site is centralized or not, as it cannot be argued that centralized casinos have been dominating the industry. The difference lies in the type of currency. For us crypto enthusiasts, we prefer gambling using crypto.

of course crypto because we are in crypto world here . but have you asked the sentiment and stands of online gamblers that uses fiat?
we have no idea actually.

Speaking about centralized casinos automatically implies regulation; hence, KYC is required as a basic requirement. However, there are still gambling sites that do not implement it for all of their clients. This is something we can take advantage of if we are looking to gamble anonymously.

of course like what you said , centralized casino is Dominating the scene but still there are decentralized that does not ask for our details.

[ScamViruS]

of course like what you said , centralized casino is Dominating the scene but still there are decentralized that does not ask for our details.

There are very few completely decentralized gambling sites. And one thing to keep in mind when you gamble on sites that currently don't ask for KYC is that they may ask for your documents any time you win big.
Therefore, gambling anonymously has become difficult in the current situation, with gambling sites forcing crypto users to do KYC against their will and sometimes by force. So looking forward to seeing the rise of decentralized gambling sites to keep crypto users private.

[Mahanton]

The main purpose for KYC to decrease money laundering. It has no other purpose than it. Don't expect casino to use your identity. The casino just wanna see people play spending their money as much as possible in the game provided by that casino itself.

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

Adding to that, the casinos even want more users to welcome on their platform that's why as much as possible they don't want to give their users a hassle way of registering accounts and asking a bunch of identity-related things. But since the verification process is part of the regulation, they have no choice but to follow.

Fortunately, there are still lots of crypto-gambling sites that do not mandate KYC so better enjoy those while it lasts.

KYC information for illegal activities is old school now, if KYC theft can cause a big damage we would have heard about bad news from every angle and the warning of taking KYC information very seriously would have filled everywhere including the News channel on TV, I don't believe that criminals can use any KYC theft to fake identity without knowing that's fake by the authority, the world is advancing in technology, even criminals that undergo face surgery to evade getting caught still end up getting apprehended.

The right method with KYC verification is to use your identity on trusted online casino, this is safer compared to casinos that have bad reputation, so do some research at first before passing KYC on any gambling platform.

I mean, it doesn't necessarily mean that KYC theft isn't occurring just because you aren't hearing about it on the news all day. You know, not everything negative makes headlines. After all, you hear about major celebrities getting into trouble, not every Tom, Dick, or Harry

Yes, technology is advancing, but thieves are also getting more sophisticated. What is meant by "deepfakes"? Very strange things. Not every stolen KYC makes headlines

I do agree with you regarding the casino part, though. Really, you should roll the dice somewhere legitimate if you have to do it online. DYOR and be careful

You cant blame out people not to be that too paranoid when it comes to this on which this is the main thing that could really happen on a certain individual in speaking about on giving out their kyc documents on a certain platform on which there would be always those chances or probabilities which these information could be sold out somewhere on internet or would really be having those breaches or hacks which it is really just that normal that people would be having this kind of approach on something in speaking about KYC and this is why it is really that highly frowned upon on this space or something that never been that ideal or something that would really be that recommendable on dealing or going along with it.

Now that we are living in a world which government do really loves on controlling everything then it would really be just that normal that they would really be having that kind of approach on things which trying out to
control everything and if there's something that would goes off with their radar then they would really be trying out to control or get in touch with it on which it will really be just that normal that these crypto platforms
would be sooner or later will become like those typical casinos that we do have.This is why it would really be just that better that you should really be trying out to accept the reality since we are really that
heading on there.

[Wiwo]

If you are from some country where gambling is regulated and all accessible gambling site within such region is licensed which make it impossible for any citizen to register at a casino without going through KYC, and if you are a citizen of such a country, you have no choice than to hand over your documents for verification so privacy doesn't mean much for some who left with no choice but to submit to demands.

So I believe most of the gamblers are already aware of that fact and they will always look out for ways to either avoid losing their privacy or decide to hand it over if that becomes the only solution for them.

[serjent05]

You cant blame out people not to be that too paranoid when it comes to this on which this is the main thing that could really happen on a certain individual in speaking about on giving out their kyc documents on a certain platform on which there would be always those chances or probabilities which these information could be sold out somewhere on internet or would really be having those breaches or hacks which it is really just that normal that people would be having this kind of approach on something in speaking about KYC and this is why it is really that highly frowned upon on this space or something that never been that ideal or something that would really be that recommendable on dealing or going along with it.

It is simple and there is no need to argue against the casino platform.  If one is not confident that his data privacy can be stored safely then he just needs to avoid that casino platform and stop playing on it.  The casino cannot force us to play in their platform, they may entice us but can never force us.  So if a player have issue in submitting KYC, then he can just look for a casino platform that does not require one.

Now that we are living in a world which government do really loves on controlling everything then it would really be just that normal that they would really be having that kind of approach on things which trying out to
control everything and if there's something that would goes off with their radar then they would really be trying out to control or get in touch with it on which it will really be just that normal that these crypto platforms
would be sooner or later will become like those typical casinos that we do have.This is why it would really be just that better that you should really be trying out to accept the reality since we are really that
heading on there.

Well, that is the nature of the government and the reason why they are named government.  They wanted to govern everything under their jurisdiction so it is not news that they wanted to control everything.  Anonymity is more like a story of the past now in a centralized gambling platform, the only good thing with crypto casinos is that one can still play even if they are unbanked.

[Rating Place]

KYC regulation by country for cryptocurrency casinos and year that they opened a sportsbook

Costa Rica- zero to some KYC. It can be zero as long as you aren't multi-accounting or using a VPN. Data processing license.

1. Nitrobetting (2013)


Curacao -  zero to mandatory. As with CR, not using a VPN will help keep you away from KYC. Rule changes will occur on September 1. Each casino will have it's own license instead of the current system of 4 master licenses. In order of KYC grade.

1. Betcoin (2013) none if not using a VPN or multi-accounting.
2. Bitsler (2015)
3. FortuneJack (2019), casino (2014)
4. Cloudbet (2013)
5. Sportsbet (2016)
6. Betfury (2020)
7. Owl (2021)
8. Rollbit (2021)
9. Turstdice (2019)
10. Wolf (2019)
11. Duelbits (2020)
12. Stake (2019), casino (2014)
13. Roobet (2019) Mandatory
 

Isle of Man - mandatory

1. MaverickGames (2020)

https://bitcointalk.org/index.php?topic=717790.0


Note- There are new KYC requirements starting September 1st in Curacao. The KYC ratings will be changed if books take a different stance after September 1.

[khaled0111]

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

You are right. Reputable casinos will do their best to keep your personal information safe.
I don't know what happened with bitnomi but it's a bit disturbing. It was one of the most reputed casinos. When they went dark, their customers' info were in the streets. Betnomi's customers reported receiving unsolicited messages from unknown parties!

[poodle63]

The main purpose for KYC to decrease money laundering. It has no other purpose than it. Don't expect casino to use your identity. The casino just wanna see people play spending their money as much as possible in the game provided by that casino itself.

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

Adding to that, the casinos even want more users to welcome on their platform that's why as much as possible they don't want to give their users a hassle way of registering accounts and asking a bunch of identity-related things. But since the verification process is part of the regulation, they have no choice but to follow.

Fortunately, there are still lots of crypto-gambling sites that do not mandate KYC so better enjoy those while it lasts.

KYC information for illegal activities is old school now, if KYC theft can cause a big damage we would have heard about bad news from every angle and the warning of taking KYC information very seriously would have filled everywhere including the News channel on TV, I don't believe that criminals can use any KYC theft to fake identity without knowing that's fake by the authority, the world is advancing in technology, even criminals that undergo face surgery to evade getting caught still end up getting apprehended.

The right method with KYC verification is to use your identity on trusted online casino, this is safer compared to casinos that have bad reputation, so do some research at first before passing KYC on any gambling platform.

True. I don't wanna take it as a serious problem. Exchange site like binance have been handling KYC from more than 150 millions people. It has larger scale compared with gambling site.

The information isn't safe because employees sell the databases with the customer information. With fiat books, there is full KYC and it happens quite often. The bigger the casino, the more the database is worth. I know of some that were being sold for $20k. Most casinos are located in Curacao and that's more than the average yearly salary in Curacao. Inside jobs will happen.

There will be no ending if we are always thinking like that. When we are registering for the bank account and we must also submit our KYC too. There's no difference between it. Those casinos mostly located in curacao but some have been licemsed to operate in some major countries like USA or UK.
Our data might be sold to some things like banking sales or etc. It's possible but i don't care so much as long as my data is not used for the criminal purpose.

[Rating Place]

The main purpose for KYC to decrease money laundering. It has no other purpose than it. Don't expect casino to use your identity. The casino just wanna see people play spending their money as much as possible in the game provided by that casino itself.

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

Adding to that, the casinos even want more users to welcome on their platform that's why as much as possible they don't want to give their users a hassle way of registering accounts and asking a bunch of identity-related things. But since the verification process is part of the regulation, they have no choice but to follow.

Fortunately, there are still lots of crypto-gambling sites that do not mandate KYC so better enjoy those while it lasts.

KYC information for illegal activities is old school now, if KYC theft can cause a big damage we would have heard about bad news from every angle and the warning of taking KYC information very seriously would have filled everywhere including the News channel on TV, I don't believe that criminals can use any KYC theft to fake identity without knowing that's fake by the authority, the world is advancing in technology, even criminals that undergo face surgery to evade getting caught still end up getting apprehended.

The right method with KYC verification is to use your identity on trusted online casino, this is safer compared to casinos that have bad reputation, so do some research at first before passing KYC on any gambling platform.

True. I don't wanna take it as a serious problem. Exchange site like binance have been handling KYC from more than 150 millions people. It has larger scale compared with gambling site.

The information isn't safe because employees sell the databases with the customer information. With fiat books, there is full KYC and it happens quite often. The bigger the casino, the more the database is worth. I know of some that were being sold for $20k. Most casinos are located in Curacao and that's more than the average yearly salary in Curacao. Inside jobs will happen.

There will be no ending if we are always thinking like that. When we are registering for the bank account and we must also submit our KYC too. There's no difference between it. Those casinos mostly located in curacao but some have been licemsed to operate in some major countries like USA or UK.
Our data might be sold to some things like banking sales or etc. It's possible but i don't care so much as long as my data is not used for the criminal purpose.

Even if they claim it, none of them have a license to be in the US or UK although they do cater to those in those countries and you can play there without worrying about being paid. Personally, I don't like turning over my KYC info or selfie video but understand those that don't have that concern. All swans are white until you see a black one.

[danadc]

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

You are right. Reputable casinos will do their best to keep your personal information safe.
I don't know what happened with bitnomi but it's a bit disturbing. It was one of the most reputed casinos. When they went dark, their customers' info were in the streets. Betnomi's customers reported receiving unsolicited messages from unknown parties!

I have always been very discreet with my personal information, I have only given my kyc in a few casinos, and the most reliable ones, but if anonymity has been lost much, the casinos have made a campaign in favor of KYC to Being able to attract all the clients, and even the casinos that did not ask for kyc are already so, which makes me sad and disappointing because the casinos that kept zero KYC for me were the best, now nothing is reliable anymore . The casinos that I have given my kyc are trustworthy, they have a good reputation in the forum, my duelbits is one, I trust their casino. But if we think that the casino can be compromised, or somehow someone leaks the data is possible, it can stop, but everything in this life is a risk, we can't do more.

[vennali]

I still miss the good old days of directbet. Where you'd just bet and send crypto to an address and receive the winnings back to an address you've provided. No account, no kyc, no drama.

[Latviand]

I still miss the good old days of directbet. Where you'd just bet and send crypto to an address and receive the winnings back to an address you've provided. No account, no kyc, no drama.

Pretty straightforward but given how easy scammers can impersonate these kind of casino scheme makes me happy that it's not as popular back then as today, these type of scam will probably the main reason why victims will post on Scam Accusations board. Wouldn't also this kind of casino be a good way for crooks to launder money? I mean they can just create their own website that does this and funnel the money there right?

I think it's for the better that a total anonymity is not a thing anymore for casinos, makes it easier for both parties not to be hassled. I've read a lot of scam accusations in the past and most common reason why some funds are withhold is because there's no identification for the customer and there's no real person or face that you can contact when the casino holds your funds.

[Blitzboy]

Whatever the reason for KYC, I have to agree with you on the part that the casino will not use our identity for something inappropriate especially if we talked about a reputable and popular casino. These casinos are prioritizing all the things they needed to comply as part of being a legitimate site. There is no way these casinos will take advantage of any KYC-related stuff.

You are right. Reputable casinos will do their best to keep your personal information safe.
I don't know what happened with bitnomi but it's a bit disturbing. It was one of the most reputed casinos. When they went dark, their customers' info were in the streets. Betnomi's customers reported receiving unsolicited messages from unknown parties!

I have always been very discreet with my personal information, I have only given my kyc in a few casinos, and the most reliable ones, but if anonymity has been lost much, the casinos have made a campaign in favor of KYC to Being able to attract all the clients, and even the casinos that did not ask for kyc are already so, which makes me sad and disappointing because the casinos that kept zero KYC for me were the best, now nothing is reliable anymore . The casinos that I have given my kyc are trustworthy, they have a good reputation in the forum, my duelbits is one, I trust their casino. But if we think that the casino can be compromised, or somehow someone leaks the data is possible, it can stop, but everything in this life is a risk, we can't do more.

The sacredness of privacy and the right to remain anonymous have been ruthlessly undermined in the name of compliance and attracting more customers. Casinos, once the stalwarts of discretion, have sheepishly kowtowed to this growing trend of KYC. And for what? A little more business at the cost of personal integrity?

Duelbits may have a reputable standing now, but what guarantees their fortitude in the future? The threat of data breaches, hacking attempts, and internal compromises is very real! The economics of it all just dont add up. In their greed to maximize profits, casinos may well be playing Russian roulette with their very survival. How do we know our data is safe? We dont. So why risk it?