I will pass KYC later is a bad idea

[len01]

I've seen a lot of issues like this when there is mandatory KYC. I mean is that if others won, that is where the casino is somewhat not giving your winnings by not passing your KYC. Even though it is already clear and all requirements are there, they probably manipulated it after you've just deposited and won. That is why you should always do the KYC and your winnings will follow, so that it is clear that if the casino won't give your winnings, then it is a complete scam.

maybe for scam casinos it will do this but for reputable casinos i am sure there will be no such manipulation. because reputable casinos usually always ask for KYC earlier, even if its only level 1, to continue making deposits or withdrawals and regarding winnings at casinos, this is actually just about luck, maybe it can be manipulated, but trusted casinos do not that because they prioritize customer satisfaction, so casino not will manipulate regarding the KYC.

[KTChampions]

It turns out that there is no dilemma. After all, if we play in a dishonest casino, then we won’t get our winnings even with KYC, even without KYC. But if we play in an honest casino, then we will receive our winnings after we pass the KYC. It turns out that if you look at it this way, then there is simply no point in going through the KYC in advance (including because the chances of a big win are low).

Dishonest casinos then in any game by the user will be cheated they only intend to highlight the customer's money so why KYC first if we already know even the casino is dishonest?

I understand this statement, even if you win but play an unfair casino then the winnings will be withheld for various reasons as the user cannot do much even though he has passed the KYC.
Yes we already know a fair casino here, so no need to worry even if we don't KYC the winnings will still be ours.

By the way, there is another huge disadvantage of going through the KYC in advance: if we are dealing with a dishonest casino, then they can make money by selling our data to third parties. Judging by the fact that there are a lot of similar goods on dark markets, many services earn money by this (I don’t believe that all of them were “hacked”).

[pawel7777]

By the way, there is another huge disadvantage of going through the KYC in advance: if we are dealing with a dishonest casino, then they can make money by selling our data to third parties. Judging by the fact that there are a lot of similar goods on dark markets, many services earn money by this (I don’t believe that all of them were “hacked”).

Good point, but even legit casinos (or other businesses) can have customer data information "leaks" which I suspect, a lot of times, could be due to some rogue employees stealing and selling data on the dark market. This happens on all levels, including banks.

[Fatunad]

I don't know where some gamblers are getting their confidence from, do you know that online casinos can keep rejecting your ID after you made some high amount of money? Some people cares about winning first before passing KYC, it's cool you believe that you won't always win but the luck comes when we least expected.

Imagine winning and you find it hard to pass KYC, trapping your money on the casino for like ever.

It's not always the casinos fault, I know some are dubious but the thing is KYC verification is something you should first deal with before making your first deposit.

Online casinos can be frustrating at times, some casino won't accept your submitted document even when you haven't make any deposit on the platform yet, so always confirm your identity first.

Submit your identity and wait for approval, do not be in haste to make deposit first, because the identity you submitted without a green approval from the team can still be rejected, take your time to get the passed approval first before proceeding with gambling.

That's why, as gamblers in this industry, we must first learn to read their terms and conditions or rules regarding these things. We know that most gambling casinos today will say no, but in the long run, they will require you to submit when you release a large amount of winnings on their platform.

But I have seen something now,  even if you make a deposit, you can withdraw it immediately without doing anything; you need to meet the wager amount first before withdrawing. I'm not even sure, but it seems like I read something here in the forum about the testimonial of someone who used it and tried it.

But I have noticed that the burden is shifted onto the player more and more often even in this forum although everybody knows the minor and major issues with casinos.

A rule I have always been in favor of would be to require KYC before a deposit can be made. I would immediately go for it if it is a reputable casino and there are no massive complaints about them all over the place. The practice to advertise with no KYC, let someone deposit and then out of a sudden force someone into KYC is wrong.

Another issue is that casinos barely provide evidence themselves whereas everyone attacks players who complain about denied payouts.

By the way, does anyone know the reason why some casinos would not let a player withdraw a deposit to the same address because they first require the amount to be wagered? It can't be protection against money laundering, can it? Because if I use the same method to the same address/account, how would I have laundered anything? In my opinion this is really to get people stuck. If someone deposits 100 USD and decides to withdraw it for whatever reason before having placed any bets, what would the issue be?

You would really be able to tell that you are dealing with a shady casino on the time that there's sudden changes in terms and regulations in regarding about KYC. This is why its always been that recommended that you
should really be that able to read up with those TOS and as much as possible it would be better that you should take up some screenshot so that if there would be some possible alterations then you would be able to counter back on what they are  trying to implement on which if there are some notable or obvious changes then you could really make out that kind of argumentation which not like when you havent done or having those read ups and this is why it would really be that ideal if you do have that kind at least that behavior on knowing something so that you could really be able to make some reasoning later on if ever things turns out to be shit. KYC before you could be able to play is highly been frowned upon on this market on which it would really be just that normal that crypto casinos would be just be having on the current state of compliance which including out those potential KYC if ever you do violate something.

[Weawant]

I've seen a lot of issues like this when there is mandatory KYC. I mean is that if others won, that is where the casino is somewhat not giving your winnings by not passing your KYC. Even though it is already clear and all requirements are there, they probably manipulated it after you've just deposited and won. That is why you should always do the KYC and your winnings will follow, so that it is clear that if the casino won't give your winnings, then it is a complete scam.

Before using any casino we should read the terms and conditions of the casino and when it's too much for you to read, just read the FAQ section and understand how the casino operates because they always have the rules they follow clearly written out but people ignore them.

Unless a casino is a scam casino, they won't write something else in their terms and condition and do something different. Because if they do that, you can sue them for it therefore they're always careful to follow the terms and conditions they have set for their customers.

Casino make it care if they'll allow you withdraw without KYC or not and some fo further to explain the reason why they might request for additional verification if they suspect something not been right with your withdrawal and to avoid all this, just pass your KYC on time.

[Onyeeze]

People don't like verifying their accounts and that is causing alot problems to the participants of gambling in a particular gambling site, what a platform needed in gambling is that you have to know their kyc is necessary and I believe that anyone that have done their Kyc have no issues to that particular platform but gamblers does not show concern of verifying their accounts expect that they have issues of withdrawing their money. So it's good to work in accordance with your platform not by complaining when everything is getting late to resolve

For gambling platform many people disagree for verifying their account and if vote opening more than 80% of respondent won't to submit their document ID for verifying in gambling platform. Its reason why some of them priority for active in gambling platform not required for KYC but in the reality when huge amount withdrawing they need to submit and verifying account. Actually many gambler have play with some gambling platform are free withdraw or deposit fund without required KYC, but withdrawing issues and account suddenly freeze there are not have many option except for verifying account. Important points for some gambling platform free for KYC not make difficult one day later when gambler want to withdraw with huge amount.

So many gambling platform doesn't required kyc and some people I know even though kyc is needed some people do refuse very their accounts because they feel not to expose their identity, but for me I cannot make such mistakes by not verifying my account in any document, so documentation of identification is necessary for me in a platform but people disagree or refuse to ensure that KYC is normally verify in the account and when their funds is being seized they will start complaining of platform have seized their funds

[danherbias07]

It turns out that there is no dilemma. After all, if we play in a dishonest casino, then we won’t get our winnings even with KYC, even without KYC. But if we play in an honest casino, then we will receive our winnings after we pass the KYC. It turns out that if you look at it this way, then there is simply no point in going through the KYC in advance (including because the chances of a big win are low).

Dishonest casinos then in any game by the user will be cheated they only intend to highlight the customer's money so why KYC first if we already know even the casino is dishonest?

I understand this statement, even if you win but play an unfair casino then the winnings will be withheld for various reasons as the user cannot do much even though he has passed the KYC.
Yes we already know a fair casino here, so no need to worry even if we don't KYC the winnings will still be ours.

By the way, there is another huge disadvantage of going through the KYC in advance: if we are dealing with a dishonest casino, then they can make money by selling our data to third parties. Judging by the fact that there are a lot of similar goods on dark markets, many services earn money by this (I don’t believe that all of them were “hacked”).

Correct. One of my email addresses was already breached but I don't think it's because of a gambling site. More like a phishing style so I trashed that e-mail. The same thing could happen to us here on gambling sites and it might be worse if we pass all the documents we have. This is why we should select carefully what or where online casinos we will entrust our identity.
Luckily, we have so many options now. There's Stake.com and Sportsbet.io, and there's actually more that I won't list here because it's going to be long.
They offer services that many users in this forum believe to be great and their trust rating is higher than other sports betting or casino sites that we see on online advertisements outside this forum.
KYC is a dual edge sword, it could also ruin us if we do not choose carefully on where we will provide it. And I think that is one of the main reason many crypto enthusiasts doesn't like the idea of going through it.

[Mr. Magkaisa]

      -   I think that if there is reputable casino gambling here in the crypto space, there seems to be no problem. So far, my gambling experience here in the crypto gambling business has been so good. Maybe the only ones that can do such a thing are the casinos that have bad plans for their casino players.

Because often, from what I see from what I read here, when others release a big winning from their gambling, the other gambling platform that said that there is no KYC will suddenly require it in the end, and after the KYC that is requested is given, there is still follow-up needed. Reputable casinos in the crypto industry are not like that.

[Alphie12]

I don't know where some gamblers are getting their confidence from, do you know that online casinos can keep rejecting your ID after you made some high amount of money? Some people cares about winning first before passing KYC, it's cool you believe that you won't always win but the luck comes when we least expected.

Imagine winning and you find it hard to pass KYC, trapping your money on the casino for like ever.

It's not always the casinos fault, I know some are dubious but the thing is KYC verification is something you should first deal with before making your first deposit.

Online casinos can be frustrating at times, some casino won't accept your submitted document even when you haven't make any deposit on the platform yet, so always confirm your identity first.

Submit your identity and wait for approval, do not be in haste to make deposit first, because the identity you submitted without a green approval from the team can still be rejected, take your time to get the passed approval first before proceeding with gambling.

Giving KYC up front doesn't mean anything. When you go for a payout they can ask for a video selfie. Play at no KYC casinos is the only safe way to do it.

[Bitinity]

By the way, there is another huge disadvantage of going through the KYC in advance: if we are dealing with a dishonest casino, then they can make money by selling our data to third parties. Judging by the fact that there are a lot of similar goods on dark markets, many services earn money by this (I don’t believe that all of them were “hacked”).

Good point, but even legit casinos (or other businesses) can have customer data information "leaks" which I suspect, a lot of times, could be due to some rogue employees stealing and selling data on the dark market. This happens on all levels, including banks.

Correct, the casinos might have great reputation but it does not guarantee that data leaks will never happen. We all know that the employees in the casinos are all human who may have a greed to make more money by doing illegal thing. In this case, once it is happening, the casino cant do anything except firing the employees. How about the players whose data has been sold by this naughty employees? There will be nothing to do except accept the fact and casino also cant do anything except apologizing of what is happening.

[shogun47]

You would really be able to tell that you are dealing with a shady casino on the time that there's sudden changes in terms and regulations in regarding about KYC. This is why its always been that recommended that you
should really be that able to read up with those TOS and as much as possible it would be better that you should take up some screenshot so that if there would be some possible alterations then you would be able to counter back on what they are  trying to implement on which if there are some notable or obvious changes then you could really make out that kind of argumentation which not like when you havent done or having those read ups and this is why it would really be that ideal if you do have that kind at least that behavior on knowing something so that you could really be able to make some reasoning later on if ever things turns out to be shit. KYC before you could be able to play is highly been frowned upon on this market on which it would really be just that normal that crypto casinos would be just be having on the current state of compliance which including out those potential KYC if ever you do violate something.

If a casino decides to scam you or if a casino has that plan in their back of their heads when they actually set up the casino, it doesn't matter how many screenshots you have and they will still do it. It would help to prove the case though and protect the rest of the community, but from my experience or from what I have seen and heard, they would bend their TOS to whatever they need those TOS to stand for or mean. Sticking with the most reputable and established casinos is the way to go for me. Or with those where the stakes are very high if a case becomes public like here on Bitcointalk, but even here we had cases of casinos disappearing or shutting down when nobody expected it.

[Mr.suevie]

It turns out that there is no dilemma. After all, if we play in a dishonest casino, then we won’t get our winnings even with KYC, even without KYC. But if we play in an honest casino, then we will receive our winnings after we pass the KYC. It turns out that if you look at it this way, then there is simply no point in going through the KYC in advance (including because the chances of a big win are low).

Dishonest casinos then in any game by the user will be cheated they only intend to highlight the customer's money so why KYC first if we already know even the casino is dishonest?

I understand this statement, even if you win but play an unfair casino then the winnings will be withheld for various reasons as the user cannot do much even though he has passed the KYC.
Yes we already know a fair casino here, so no need to worry even if we don't KYC the winnings will still be ours.

By the way, there is another huge disadvantage of going through the KYC in advance: if we are dealing with a dishonest casino, then they can make money by selling our data to third parties. Judging by the fact that there are a lot of similar goods on dark markets, many services earn money by this (I don’t believe that all of them were “hacked”).

Hmm this is quite interesting as I never actually thought of these situations from this view of yours but now that you have sated this, I think I can concur and relate to this because these casino which reputation aren't that big can just claim that they were hack while instead have forward details of their customers to other bodies so they can make with it to defraud these individuals or other ways these information can be valuable.

[Stable090]

I've seen a lot of issues like this when there is mandatory KYC. I mean is that if others won, that is where the casino is somewhat not giving your winnings by not passing your KYC. Even though it is already clear and all requirements are there, they probably manipulated it after you've just deposited and won.

It’s better to pass KYC before using a casino if they make KYC mandatory for withdrawal, but it’s just a scam casino that will reject your KYC after winning just because you win a big amount of money. Any casino that can do that has to be tagged as a scam casino. No matter the amount you win from a reputable casino, they will not reject your kyc for no reason, your kyc is going to be accepted and you are going to be paid, that’s why it’s better you use a reputable casino when gambling, there are lots of casino currently, if you are trying out a new casino, make sure you check people’s review about them before using it, a casino with bad review should be completely avoided.

That is why you should always do the KYC and your winnings will follow, so that it is clear that if the casino won't give your winnings, then it is a complete scam.

Even after passing a KYC before using a casino, a scam casino will still require more information after winning, and they will look for possible ways to deny the customer's withdrawal. The best thing to do is to choose a reputable casino right from the beginning.

[michellee]

Hmm this is quite interesting as I never actually thought of these situations from this view of yours but now that you have sated this, I think I can concur and relate to this because these casino which reputation aren't that big can just claim that they were hack while instead have forward details of their customers to other bodies so they can make with it to defraud these individuals or other ways these information can be valuable.

Casinos can say whatever they want and even go so far as to block honest people from playing at their casinos. But that would only happen at shady casinos where we know they can't be trusted. So if you want to do KYC, you must be able to find a trusted casino that will protect its user data from bad things so that users will feel safe doing KYC at that casino.

Yes, the casino can sell its customer data to other parties, and the casino will get additional money from the sale. And if you really don't want to do KYC, you can look for a decentralized casino so that you don't have to enter any data except connecting your wallet address with the casino.

But you need to separate your assets from the wallet because when you connect your wallet to the decentralized casino, you will not know what things can happen later.

[slapper]

~snip~

You would really be able to tell that you are dealing with a shady casino on the time that there's sudden changes in terms and regulations in regarding about KYC. This is why its always been that recommended that you
should really be that able to read up with those TOS and as much as possible it would be better that you should take up some screenshot so that if there would be some possible alterations then you would be able to counter back on what they are  trying to implement on which if there are some notable or obvious changes then you could really make out that kind of argumentation which not like when you havent done or having those read ups and this is why it would really be that ideal if you do have that kind at least that behavior on knowing something so that you could really be able to make some reasoning later on if ever things turns out to be shit. KYC before you could be able to play is highly been frowned upon on this market on which it would really be just that normal that crypto casinos would be just be having on the current state of compliance which including out those potential KYC if ever you do violate something.

It's a serious red flag when a casino, cryptocurrency or not, starts tampering with its terms and conditions, particularly when it comes to KYC. Why wouldn't they be able to maintain consistency in their conditions and keep your money in jeopardy? Screenshots are the paper trail of today. Evidence is always, always necessary, especially in the realm of gaming

Regretfully, KYC is complete garbage. This is a system that causes delays and confusion, and let's face it, no one enjoys having more paperwork. But we have to put up with this garbage, just like when there are bad refs in a game. This is our reality. Stay ahead of the game, be astute, and always be aware of the goalposts that are moving! Keep them from beating you

[KTChampions]

By the way, there is another huge disadvantage of going through the KYC in advance: if we are dealing with a dishonest casino, then they can make money by selling our data to third parties. Judging by the fact that there are a lot of similar goods on dark markets, many services earn money by this (I don’t believe that all of them were “hacked”).

Good point, but even legit casinos (or other businesses) can have customer data information "leaks" which I suspect, a lot of times, could be due to some rogue employees stealing and selling data on the dark market. This happens on all levels, including banks.

Yes it's true. But we are talking about the KYC in the context of what it may be needed if we win big and then in order to withdraw the winnings the casino will ask us to pass the KYC to comply with the rules of the AML. Thus, the real need for the passage of the KYC arises when we have won big. Unfortunately, this rarely happens (and not with every gambler), so it’s not worth rushing through the KYC.

[Wapfika]

By the way, there is another huge disadvantage of going through the KYC in advance: if we are dealing with a dishonest casino, then they can make money by selling our data to third parties. Judging by the fact that there are a lot of similar goods on dark markets, many services earn money by this (I don’t believe that all of them were “hacked”).

Good point, but even legit casinos (or other businesses) can have customer data information "leaks" which I suspect, a lot of times, could be due to some rogue employees stealing and selling data on the dark market. This happens on all levels, including banks.

Yes it's true. But we are talking about the KYC in the context of what it may be needed if we win big and then in order to withdraw the winnings the casino will ask us to pass the KYC to comply with the rules of the AML. Thus, the real need for the passage of the KYC arises when we have won big. Unfortunately, this rarely happens (and not with every gambler), so it’s not worth rushing through the KYC.

Exactly, Casinos typically ask for additional supporting documents in addition to the standard valid ID which the initial KYC ask as requirements. Some casino that ask KYC after winning big amount usually require supporting documents such as financial report or employment certificate to use as source of funds meaning the initial KYC is useless if the casino has the tendency to ask KYC during winning huge amount.

[Aikidoka]

By the way, there is another huge disadvantage of going through the KYC in advance: if we are dealing with a dishonest casino, then they can make money by selling our data to third parties. Judging by the fact that there are a lot of similar goods on dark markets, many services earn money by this (I don’t believe that all of them were “hacked”).

Good point, but even legit casinos (or other businesses) can have customer data information "leaks" which I suspect, a lot of times, could be due to some rogue employees stealing and selling data on the dark market. This happens on all levels, including banks.

Correct, the casinos might have great reputation but it does not guarantee that data leaks will never happen. We all know that the employees in the casinos are all human who may have a greed to make more money by doing illegal thing. In this case, once it is happening, the casino cant do anything except firing the employees. How about the players whose data has been sold by this naughty employees? There will be nothing to do except accept the fact and casino also cant do anything except apologizing of what is happening.

Indeed, nobody seems to be entirely innocent when it comes to protect gamblers' data at a casino. I'm confident that many employees are driven by the desire/greed for extra earnings, even if it means leaking data on their responsibilities.

To be honest, I don't think that there's a completely legitimate casino at all. They may present themselves as legitimate but deep down they might prioritize extracting more from their customers (gamblers) without thinking a lot about the consequences.

[shogun47]

~snip~

You would really be able to tell that you are dealing with a shady casino on the time that there's sudden changes in terms and regulations in regarding about KYC. This is why its always been that recommended that you
should really be that able to read up with those TOS and as much as possible it would be better that you should take up some screenshot so that if there would be some possible alterations then you would be able to counter back on what they are  trying to implement on which if there are some notable or obvious changes then you could really make out that kind of argumentation which not like when you havent done or having those read ups and this is why it would really be that ideal if you do have that kind at least that behavior on knowing something so that you could really be able to make some reasoning later on if ever things turns out to be shit. KYC before you could be able to play is highly been frowned upon on this market on which it would really be just that normal that crypto casinos would be just be having on the current state of compliance which including out those potential KYC if ever you do violate something.

It's a serious red flag when a casino, cryptocurrency or not, starts tampering with its terms and conditions, particularly when it comes to KYC. Why wouldn't they be able to maintain consistency in their conditions and keep your money in jeopardy? Screenshots are the paper trail of today. Evidence is always, always necessary, especially in the realm of gaming

Regretfully, KYC is complete garbage. This is a system that causes delays and confusion, and let's face it, no one enjoys having more paperwork. But we have to put up with this garbage, just like when there are bad refs in a game. This is our reality. Stay ahead of the game, be astute, and always be aware of the goalposts that are moving! Keep them from beating you

But @slapper, what do screenshots really help when it's not a reputable provider? If it is, then I agree but you would usually have less problems with them anyway. But if it is a casino that wants to scam you, I doubt that they would care about any screenshots and if you provide them, they will call them fake. If they make the decision to scam, they will scam. I am all for evidence, so this is not to say that evidence is worthless in any case. But I think in the majority of the cases when you are screwed, you are screwed. And believe I hate that as well and that is why I refrain from using casinos that are mostly unknown or don't have a reliable history of trust and integrity.

[yazher]

Good point, but even legit casinos (or other businesses) can have customer data information "leaks" which I suspect, a lot of times, could be due to some rogue employees stealing and selling data on the dark market. This happens on all levels, including banks.

I know some people who got their identity stolen because of some leaks in the place where they work and it really turned out bad because they used their identity for cellular fraud and other scam activities. It didn't turn out well and the guy needed to pay lots of money just to clear his name and they never tracked the one who did it. thankfully he is fully cleared now and very careful when it comes to sharing his personal information, he even uses his real name in his social media account due to his past trauma. The poor man was just a fish vendor in the market and was suddenly taken by some police because of someone who stole his identity.