No KYC vs KYC enabled casinos (Facts you need to know)

[Sandra_hakeem]

The Op paragraph the AI post and make it as his own.  Op you and me know that knowledge does not come from heaven, therefore what you wrote can not be manufactured by you from your brain ..[..]

y'all just be blabbing incorrectly on a sited post like this just to improve post count.... How sensible is this statement of yours?? Do you take time to revise whatever thoughts you've got to share with the public at all??? Or you just go about saying anything that comes in your head?...haaaa!!
Well, I'll have to say that the choice is left for anyone that feels more comfortable, either with pseudonymity or not... I feel everything we do online here should basically be about our safety first so, I'd personally go for the KYCs...yeahh?

Sandra 🧑‍🦰

[Slow death]

nowadays many of these new casinos and when I talk about new casinos I am referring to casinos that have been in this market for only 3 years, have used the TOS as a weapon, especially in the kyc part, even when a person does level 2 kyc, if If this person deposits little money but is lucky enough to hit a game with a large multiplier, then the casino will ask for level 3 KYC, which generally ask for proof of where the funds came from, see how ridiculous this is because they let the person deposit little money. , they let the person play and when that person wins a lot of money in the casino itself, then the casino wants to know how that person has a lot of money in the casino account

This type of behavior from certain casinos is simply unbelievable, and when the person hands over the document, which is most of the time a photo containing the crypto account address he used to send the money and a photo of the exchange account or crypto wallet , the casino refuses. the casino completely forgets that we are in the cryptocurrency market where people buy cryptocurrencies to hodl and do day trade with cryptocurrencies, the casino purposely keeps asking for things from the bank but at the casino the person did not deposit money using the bank's debit card, so One thing is ridiculous about the casino's attitude

and it's not because the casino really doesn't realize that their attitude is ridiculous, they know that, but as they want to retain the customers' money so they keep using all kinds of meaningless things until they tire the customer so that the customer gives up his money that is in casino, by this I mean that having or not having kyc declared in the casino's TOS, as long as the casino behaves bad and uses its TOS as a weapon to steal people's money, then there will be no point in talking about the advantage and disadvantage of kyc and not kyc. Most casinos have already realized that putting in their TOS that they will ask for kyc and lying to people that they didn't ask for kyc has become a good strategy for them, although I can't understand how people believe these lies

[arwin100]

I think people should stop believing these "No KYC" casinos. Most of them have no upfront KYC but that doesn't mean they are not going to ask in certain cases since it's part of their terms that they can enforce it when necessary. It's only a matter of time before crypto casinos would get licensed so just accept the fact that you'll have to submit documents at some point when you register.

They are just going after those players doesn't like to submit their KYC but the question their are they reputable enough to run a transparent casino? or do they have big funds to support their gamblers win. We can't be so sure if gamblers won some huge amount of cash on their casino will not required to submit this requirements since the common scenario happen is they ask us this so that we can possibly withdraw our earned money. That's why its better to be ready and choose those reputable casino since they are proven by years and KYC is not the big problem there reputation and their capacity to pay their players is important factor which can gamblers should needed to see.

[BitDane]

I think people should stop believing these "No KYC" casinos. Most of them have no upfront KYC but that doesn't mean they are not going to ask in certain cases since it's part of their terms that they can enforce it when necessary. It's only a matter of time before crypto casinos would get licensed so just accept the fact that you'll have to submit documents at some point when you register.

I believe every license casino have to ask for KYC no matter how they hide it as a strategy to get gamblers that is avoiding KYC verification process.  No casino can be exempted from the regulatory board. 

I also don't want to play in a casino that has no license because there is a huge possibility that they can exit scam anytime since these casino is not bound to any rulings.  So I prefer a casino that is under regulation than a casino that is operating illegally (without license).

[dothebeats]

These are just the basic things that I guess a lot of people would have known by now. Currently, there's not much appeal to no KYC platforms as the reports on users trying casinos out that promotes their platforms using this 'feature' yet still require KYC at some point is increasing by the day. Also, people have realized that most of the time, no KYC casinos are those trying to fish out desperate users for their money, and are not delivering as promised or sometimes end up being a scam. Even though they know of the comparisons, most people would surely just go towards KYC platforms.

[bittraffic]

More users will believe no KYC casinos are better which they would prefer using than the ones asking no KYC.  KYC casinos are still the top casinos though.

Somebodys gotta list the disadvantages for both classification to see how much users dislikes which. In reality, KYC casinos are still the ones we go to because decentralized casinos are no way guaranteeing security.

[Japinat]

The people have already made their choice, and it's clear they prefer a KYC casino over a non-KYC casino. I believe it's more appropriate to refer to it as 'decentralized gambling' because some casinos claim to be non-KYC but are still regulated. It's important to question the longevity of such claims. When a casino is regulated, it's obligated to adhere to the implementing rules set by regulators, including KYC compliance. So, it's wise not to trust those that claim to be non-KYC casinos.

Clearly, there's no guarantee that a casino will continue operating as a non-KYC platform, as government policies can change over time. Perhaps there's a specific threshold of funds that would trigger KYC requirements, and yet casinos may not make this information readily available to potential gamblers to avoid discouraging them. Instead, this requirement is often buried in the Terms of Service (TOS), and many gamblers simply click the 'Sign Up' button without reading the full TOS, remaining unaware of the KYC conditions.

Although everyone want to play at the non KYC casino but the risk playing their and getting our money stuck is more as compare to the kyc casinos.

Sometimes the non-KYC casino may not ask for KYC until you won some big amounts. Or they can even ask for the KYC if you deposit any big amount in the casino. For this reason, i will usually deposit less in a Non-KYC casino so in case they ask for KYC or do not accept my KYC, in both cases my risk of losing money will be minimized.

That's how you manage the risk. When a casino isn't regulated, there's a higher chance of losing money, and it becomes virtually impossible to recover your funds if they go dark. That's why, even though there are many casinos with good reputations that lack a license, I still consider them high-risk casinos.

[michellee]

More users will believe no KYC casinos are better which they would prefer using than the ones asking no KYC.  KYC casinos are still the top casinos though.

Somebodys gotta list the disadvantages for both classification to see how much users dislikes which. In reality, KYC casinos are still the ones we go to because decentralized casinos are no way guaranteeing security.

In the future, every casino will ask its customers to do KYC, even though the casinos said they didn't ask for it at the beginning. But with pressure from regulators, it makes it difficult for them to ignore it so they will implement KYC, either at the start or when the customer wants to withdraw their money.

Crypto casinos must adjust to the existing situation and conditions if they still want to continue their business. Even if the casino uses a method of connecting a personal wallet to the casino, later users may be asked to do KYC. We, as users, can only be prepared when the time comes.

We will miss the days we registered at crypto casinos using just an email and a password. There is no request to do KYC when we want to withdraw the money. But those times are over, and we must be prepared for what will happen next.

[Reatim]

More users will believe no KYC casinos are better which they would prefer using than the ones asking no KYC.  KYC casinos are still the top casinos though.

well yeah , KYC asking casino are the top in the rank now, maybe because gamblers in crypto already understand the advantage and safeties.
because as we remember in the past years, we are keep asking for privacy but nowadays? we learn its favor to every legitimate players.

Somebodys gotta list the disadvantages for both classification to see how much users dislikes which. In reality, KYC casinos are still the ones we go to because decentralized casinos are no way guaranteeing security.

yes, though there are some respected casino that had been running for many years that still does not ask for KYC but they are fewer than centralized  casinos.

[kingvirtus09]

According to what I know, the beauty of no KYC in a casino is that when it comes to the anonymity of a gambler, it is encouraged because of the privacy issue. In addition to that, the casino also offers fast account creation and faster withdrawal. No KYC is attractive for online casino gamblers.

But of course, if you are the type that wants no KYC casinos, you should know the reputable casinos that have a good track record in the crypto gambling business that you will also enter. Don't just deposit a large amount; just make sure that the casino is legitimate. casino, you will gamble, and some of the casinos that I think are okay are the following:

Source: https://insidebitcoins.com/bitcoin-casinos/best-no-kyc-casinos

[Fatunad]

The people have already made their choice, and it's clear they prefer a KYC casino over a non-KYC casino. I believe it's more appropriate to refer to it as 'decentralized gambling' because some casinos claim to be non-KYC but are still regulated. It's important to question the longevity of such claims. When a casino is regulated, it's obligated to adhere to the implementing rules set by regulators, including KYC compliance. So, it's wise not to trust those that claim to be non-KYC casinos.

Clearly, there's no guarantee that a casino will continue operating as a non-KYC platform, as government policies can change over time. Perhaps there's a specific threshold of funds that would trigger KYC requirements, and yet casinos may not make this information readily available to potential gamblers to avoid discouraging them. Instead, this requirement is often buried in the Terms of Service (TOS), and many gamblers simply click the 'Sign Up' button without reading the full TOS, remaining unaware of the KYC conditions.

Although everyone want to play at the non KYC casino but the risk playing their and getting our money stuck is more as compare to the kyc casinos.

Sometimes the non-KYC casino may not ask for KYC until you won some big amounts. Or they can even ask for the KYC if you deposit any big amount in the casino. For this reason, i will usually deposit less in a Non-KYC casino so in case they ask for KYC or do not accept my KYC, in both cases my risk of losing money will be minimized.

That's how you manage the risk. When a casino isn't regulated, there's a higher chance of losing money, and it becomes virtually impossible to recover your funds if they go dark. That's why, even though there are many casinos with good reputations that lack a license, I still consider them high-risk casinos.

They coudl really vanished in thin air and wont really be able to trace up just because they are just fully or simply anonymous and thats really the big cons of it.You are right that even those platforms are long time running and reputable but in speaking about risks then it is really that high and something that you shouldn't really be confident with because once these platforms do suffer from that bankruptcy then they would really be just
simply ran away without leaving any trace and since its not regulation or licensed  then there's no way that we could really be able to talk about recovery and this is the biggest problem of it. This is why some gamblers would really be just simply accepting on having that dealing with those centralized platforms even they do call themselves crypto casinos but since they are regulated then it is really still that abiding with governments
laws and regulations which would really be passed up into its users or gamblers on which it isnt really that shocking anymore to have this kind of system. So as a gambler then it would really be a matter of choice
which one we would really be choosing but for me then i would be sticking with the current ones, regulated but arent imposing strict KYC compliance which i do prefer. I do only play for fun and not
really that heavily be that investing or putting or spend money much.

[LUCKMCFLY]

What many need to know is the process so that there are no casinos that are so demanding with KYC, I understand that you want to do or have done research relevant to this, but all we are looking for is that KYC is more or less reduced, I don't know If you are one of the players who likes to leave their KYC, but in particular not me, that is why the issue with KYC is so broad, it could be said that a KYC when it is requested by a casino, it goes by levels, depending on what you want to withdraw, then what I have always thought is that they should approach it with different approaches, obviously the correct thing is that from a casino before a person goes to make a deposit, they inform them that they have to comply with KYC so that they can withdraw, because the KYC level goes from one withdrawal amount to another, that is what they should do before anything.

Being clear with this, it is obvious that many people cannot enter the casino, because they will be limited and will not be able to comply with the KYC, but it is a very particular way of telling the players that they will not get any unpleasant surprises. What I think is that from those things they can do it so that they keep, because what the Players don't like is that they play, win and then they come across the notice that they cannot withdraw the money because they have to comply with the KYC, So these things are what make you angry and that's the only thing that should be avoided.

KYC is currently almost mandatory for all casinos, there is no casino that escapes this unless it is a totally decentralized casino, for that reason we can do other things , Decentralized casinos basically charge everyone for the entrance and everything moves , even though privacy is preserved and anonymity is preserved , because things there are at another level, in a Centralized casino they can be quite strong due to these demands, so basically it is what we should see.

[Hispo]

...because decentralized casinos are no way guaranteeing security.

Though, we cannot deny that there is certainly some attractive features some gamblers would like from decentralized casinos, or casinos which can be considered to be open source. There would be no doubt about the fairness of the software.

On the other hand, keeping in mind there is already many precedents of decentralized services which have been hacked and stolen through exploits, then it would not judge if some gamblers would not dare to deposit their money in a decentralized casino.

In this business it would seem that reputation and reliability is more important than the net decentralization a casino can offer, and thus why centralized and regulated casinos are dominant in this ecosystem, they are not a warranty of security either, but when a hack happens gambler are less likely to suffer massive losses.

[CarnagexD]

I think people should stop believing these "No KYC" casinos. Most of them have no upfront KYC but that doesn't mean they are not going to ask in certain cases since it's part of their terms that they can enforce it when necessary. It's only a matter of time before crypto casinos would get licensed so just accept the fact that you'll have to submit documents at some point when you register.

They are just going after those players doesn't like to submit their KYC but the question their are they reputable enough to run a transparent casino? or do they have big funds to support their gamblers win. We can't be so sure if gamblers won some huge amount of cash on their casino will not required to submit this requirements since the common scenario happen is they ask us this so that we can possibly withdraw our earned money. That's why its better to be ready and choose those reputable casino since they are proven by years and KYC is not the big problem there reputation and their capacity to pay their players is important factor which can gamblers should needed to see.

Maybe at first glance KYC requirements can seem like an inconvenience to some players, they are an integral part of responsible and regulated gambling. Choosing a reputable casino ensures that your personal and financial information is handled securely and that you have a higher likelihood of receiving your winnings promptly.

But not only the KYC of the players, it would also be better if there is transparency of the online casinos especiall if there's changes in their opereations or terms and conditions.

[Dimitri94]

I think people should stop believing these "No KYC" casinos. Most of them have no upfront KYC but that doesn't mean they are not going to ask in certain cases since it's part of their terms that they can enforce it when necessary. It's only a matter of time before crypto casinos would get licensed so just accept the fact that you'll have to submit documents at some point when you register.

I believe every license casino have to ask for KYC no matter how they hide it as a strategy to get gamblers that is avoiding KYC verification process.  No casino can be exempted from the regulatory board. 

I also don't want to play in a casino that has no license because there is a huge possibility that they can exit scam anytime since these casino is not bound to any rulings.  So I prefer a casino that is under regulation than a casino that is operating illegally (without license).

KYC is now mandatory in almost every casino. Although some casinos allow gambling without the KYC process, it is considered for those who have gained popularity or gained people's trust, but it is risky for those who are trying to operate a new casino. Normally one common feature of cryptocasinos is that KYC is not required. But now KYC has become mandatory due to various government regulations. But to avoid risk, gamblers must have confidence in licensed casinos where KYC is mandatory.

[ChuckBuck]

nowadays many of these new casinos and when I talk about new casinos I am referring to casinos that have been in this market for only 3 years, have used the TOS as a weapon, especially in the kyc part, even when a person does level 2 kyc, if If this person deposits little money but is lucky enough to hit a game with a large multiplier, then the casino will ask for level 3 KYC, which generally ask for proof of where the funds came from, see how ridiculous this is because they let the person deposit little money. , they let the person play and when that person wins a lot of money in the casino itself, then the casino wants to know how that person has a lot of money in the casino account

This type of behavior from certain casinos is simply unbelievable, and when the person hands over the document, which is most of the time a photo containing the crypto account address he used to send the money and a photo of the exchange account or crypto wallet , the casino refuses. the casino completely forgets that we are in the cryptocurrency market where people buy cryptocurrencies to hodl and do day trade with cryptocurrencies, the casino purposely keeps asking for things from the bank but at the casino the person did not deposit money using the bank's debit card, so One thing is ridiculous about the casino's attitude

and it's not because the casino really doesn't realize that their attitude is ridiculous, they know that, but as they want to retain the customers' money so they keep using all kinds of meaningless things until they tire the customer so that the customer gives up his money that is in casino, by this I mean that having or not having kyc declared in the casino's TOS, as long as the casino behaves bad and uses its TOS as a weapon to steal people's money, then there will be no point in talking about the advantage and disadvantage of kyc and not kyc. Most casinos have already realized that putting in their TOS that they will ask for kyc and lying to people that they didn't ask for kyc has become a good strategy for them, although I can't understand how people believe these lies

Three years or thirty, they've caught on to using the TOS, especially the KYC part, as their trusty weapon. However, KYC is shit. It's a needless and tiresome inconvenience for  players. And who's the puppet master behind this? None other than our beloved government, forcing these rules upon casinos.

Nevertheless, These casinos are insane. They eagerly accept even the smallest deposits. But how come it's KYC Level 3 time all of a sudden when a player has a tremendous win because of Luck? What a joke. The crypto things are even funnier. We're in a crypto age, and these casinos expect bank proofs when crypto was used? Absurd!

The truth is, they know their tactics are ridiculous. All they're doing is taking a chance on the reality that most players will ultimately get tired and give up on their money. The play on the TOS is a typical example of making a promise and then breaking it. People falling for it is even more ridiculous 

[Wiwo]

These are just the basic things that I guess a lot of people would have known by now. Currently, there's not much appeal to no KYC platforms as the reports on users trying casinos out that promotes their platforms using this 'feature' yet still require KYC at some point is increasing by the day. Also, people have realized that most of the time, no KYC casinos are those trying to fish out desperate users for their money, and are not delivering as promised or sometimes end up being a scam. Even though they know of the comparisons, most people would surely just go towards KYC platforms.

Unless for the newbies who can be easily deceive by such statement,  since their may not have the experience of first reading the terms and conditions of the casino and to check if the casino is a licensed casino or not,  and what are the level of the kyc requirement on the site, this are all that should be checked before considering a casino to be ok to create your account on.

And also we as gambler must make up our mind to either gamble on centralized casinos or decentralized casinos where KYC will not be required.

[Mate2237]

y'all just be blabbing incorrectly on a sited post like this just to improve post count.... How sensible is this statement of yours?? Do you take time to revise whatever thoughts you've got to share with the public at all??? Or you just go about saying anything that comes in your head?...haaaa!!
Well, I'll have to say that the choice is left for anyone that feels more comfortable, either with pseudonymity or not... I feel everything we do online here should basically be about our safety first so, I'd personally go for the KYCs...yeahh?

Sandra 🧑‍🦰

I make that comment for the op to avoid using AI for his posts but seen you are also supporting and encouraging him to do more. I never post for weekly count. I make post as a normal forum user. You are just vomiting and supporting nonsense. Do you really read the Op and made research before attacking me? Before I made the comment, I made research and you just came and insulting me of "blabbing incorrectly". Your utterance was very bad, I was not expecting you to support such write up or post.

Anonymity in online is unarguable. And I support the non KYC casinos because I don't like stress myself. Yes everyone have their own way of doing things. And if KYC will give me issue then I leave it for non KYC casinos.

[Fortify]

The benefits of using no-KYC (Know Your Customer) casinos include:

Privacy: Players can remain anonymous since they are not required to produce any sensitive information regarding their Identity.

Easier Registration Process: Registration is usually quicker, less time consuming and less stressful as there's no need for identity verification documents.

Improved Access for Restricted Regions: Players from regions like Quatar, Brunei, Iran, Pakistan and others with strict gambling regulations and limited access to Casinos can Indulge in it without trace and will find no-KYC options more accessible and comforting.

Reduced risks of data breach: Since you're not sharing sensitive personal information, the risk of personal information shared with the casino operator being mishandled or having a data breach involving your sensitive data is given no chance.

However, it's important to note that no-KYC casinos may also have some drawbacks, such as limited regulatory involvements to excesses and
very less customer support. Additionally, they may not be as reputable and reliable as licensed and regulated casinos, you stand a chance of incurring great loss of your funds and assets, so it's crucial to exercise caution and do thorough research before patronizing them. Never forget to Always gamble responsibly.


The benefits of using KYC (Know Your Customer) casinos include:

Improved Security: KYC procedures helps to screen the players and correctly verify their Identity, making it more difficult for fraudsters to use the platform cos they cannot provide verifiable documents easily.

Regulatory Compliance: KYC compels casinos towards adhering to legal and regulatory requirements, reducing considerably the risk of legal issues and concerns.

Responsible Gambling: KYC allows casinos to monitor and instill good gambling practices and protocols, helping to protect vulnerable individuals.

Limiting fraudulent activities: It aids in the prevention of money laundering and other numerous cyber and financial crimes by verifying the source of funds of the players Involved.

Accounts Recovery: In case of losing account information, KYC can assist in account recovery, ensuring players do not loose their hard-earned funds.

I believe it is also very imperative that we know about the drawbacks of KYC Casinos like lack of privacy, documentation stress, accessibility too because if you don't have access to proper documents, you cannot partake in it, trust concerns as it is difficult to verify the extent your provided data will be utilized. it is also very much time consuming to go through these processes.

finally, having known all these pros and cons, you can make your decisions on the casinos you want to get involved with as both types of casinos have their own good sides as well as limitations.

There are a lot of clever criminals out there and their tactics are always evolving over time. Outside of the biggest casinos shown discussed here, if you ever end up on a new site then you have to take a big leap of faith that they are genuine. There's much money to be made in collecting personal identity documents like passports and driving licenses, which can then be used to open accounts or be resold for all sorts of purposes. It is only through many years of experience that you might be able to detect little things that you feel might be "off" and you should stick with your instincts if anything seems out of place. Even very poor English on the customer service/help desk can be an indicator that something is wrong.

[MainIbem]

More users will believe no KYC casinos are better which they would prefer using than the ones asking no KYC.  KYC casinos are still the top casinos though.

Somebodys gotta list the disadvantages for both classification to see how much users dislikes which. In reality, KYC casinos are still the ones we go to because decentralized casinos are no way guaranteeing security.

But as a gambler why do we always be afraid of kyc casino or gambling sites that request our personal details for withdrawal?
To me i still love those site that asked for kyc despite how risky it's to reveal our real identity but let say what are afraid of or do we intend to do evil in the casino site, which is not possible and i don't you would violate the their rules so why not just go for the kyc site to stops drama from most of the site that says no kyc but at last would definitely needs our details to request to withdraw a higher amount.

The most important things we should look out for is how the said casino would be trusted in terms of our funds and security that any funds deposited in that site is protected than just giving us stories after even collecting our kyc details. It might still occurs that our funds are not safe in their hands so, look out for the best site are always better to gamble before we could think about kyc.