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

[bayu7adi]

If you dislike it, then simply walk away. Dealing with casinos that implement KYC is as straightforward as that. Why impose excessive discomfort on oneself?

Furthermore, everyone has their own reasons for their gambling preferences. Most individuals may only wager small amounts when enjoying a casino experience without stringent KYC requirements.

When it comes to substantial sums of money, you might have a change of heart and be willing to undergo KYC. A minor example is when you win big and wish to make a withdrawal, but the primary condition is KYC. I'm confident you'd think twice about it.

[SamReomo]

Undergoing KYC does not mean that our identity will be publicly broadcasted, that is the common misconception of those paranoid with their privacy.  Remember once the casino is licensed and regulated, whatever data they collect are bound by data privacy law and no one can easily get this data from them unless it is ordered by the court.

I have to disagree with you in this case because the Casinos and their owners can access the identity information of the users and they can do whatever they want with that information. I know that they don't publicly broadcast such information but still the shady casinos can do many things in the name of KYC. Those shady casinos can sell the users KYC data in order to earn some extra revenue by following gray hat hackers mindset. Laymen won't be able to get the data from those casinos but someone from government's side can get such data without much hassle, and that's why the Identity data isn't safe with even the trusted casinos. That's one of the reasons why people prefer Bitcoin because it provides complete privacy to user and it doesn't require any KYC information of the users, and there isn't going to be any interference from centralized authorities. The Bitcoin enthusiasts would always choose the casinos that don't really need someone's KYC information.

The government officials if I am not mistaken are not allowed to gamble even enter and stay on the gambling premises, at least in my country.

I agree with you but when someone is addicted to gambling or enjoys gambling then he/she will find a way to gamble. They most probably do it secretly because law doesn't allow them to gamble directly and that's why they will always choose the casinos that allow gambling with any KYC requirements. Because without KYC documents no one can guess who's gambling behind a computer.

[Natalim]

If you dislike it, then simply walk away. Dealing with casinos that implement KYC is as straightforward as that. Why impose excessive discomfort on oneself?

Furthermore, everyone has their own reasons for their gambling preferences. Most individuals may only wager small amounts when enjoying a casino experience without stringent KYC requirements.

When it comes to substantial sums of money, you might have a change of heart and be willing to undergo KYC. A minor example is when you win big and wish to make a withdrawal, but the primary condition is KYC. I'm confident you'd think twice about it.

Yeah, obviously, there's a reason why KYC is imposed. One good example is that they don't allow minors. With documents being required, a minor cannot falsify the information they provide if it does not match the documents, so it serves a good purpose. If we gamble on a non-KYC casino, anyone can gamble, and it will only result in more gambling addiction problems, as minors are usually more susceptible to gambling addiction.

[Kakmakr]

I think most casinos are using "no" KYC verification as a tool to attract lots of "new" users and it is not a long-term goal for them. They will start with zero requirements and then once they received a lot of gamblers, then they quickly change their requirements.

They need to "hook" you with something and they know the regulators are not bothered with smaller casinos. So they fund their bankroll with gamblers from countries than are banned by other casinos.... then the regulators notice them and they force them to request verification. 

[ryzaadit]

-snip-

Can be easy to be found on (T & C)

But people are never check, and just register based the banner promotion. Most of casino who are offering 80% (anonymous feature, or without KYC), on their term & condition there always have some term.

You can be request KYC for some case, they admited/provided to us still can play without KYC. But once, problem / check interntal by them (KYC show up) ~XD. Simple things about KYC, any cetralized-website who are required you to register (always be ready for kyc).

[fullhdpixel]

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.

No way man. In almost all of the gambling threads here in the forum, I always read that many users are against with it but maybe you only made a mistake there? KYC is hassle and it invades our privacy. No wonder why a lot of us hates it.

I believe most Non-KYC casinos are unregulated but most of them are also centralized. I don't think it's easy for a Non-KYC casino operator to tell if how long they can stay like that but I think their growth can tell it. Maybe some operators can say that they will stay like that no matter what, and maybe that is truly possible like they can pay or bribe the regulators for their casino to be excluded on the KYC rule.

[Sim_card]

It is rare to see a non KYC casinos these dats because, the government have regulated them in other for them to be able to have statistics of how many people uses the casino daily and also for them to be able to look into the activities of the casino. The government will also collect tax from these casinos and that is why it is mandatory for many big casinos to ask for KYC. A KYC casino is safer when it comes to funds withdrawal because, they will make sure that they build a good reputation with their customers. A non KYC casino is not registered with the government and doesn't have a license of operation, this makes it easy for them to scam customers. I preder using the casinos that does KYC because it will be easy for you to have access to a big win.

[Mr. Magkaisa]

Undergoing KYC does not mean that our identity will be publicly broadcasted, that is the common misconception of those paranoid with their privacy.  Remember once the casino is licensed and regulated, whatever data they collect are bound by data privacy law and no one can easily get this data from them unless it is ordered by the court.

I have to disagree with you in this case because the Casinos and their owners can access the identity information of the users and they can do whatever they want with that information. I know that they don't publicly broadcast such information but still the shady casinos can do many things in the name of KYC. Those shady casinos can sell the users KYC data in order to earn some extra revenue by following gray hat hackers mindset. Laymen won't be able to get the data from those casinos but someone from government's side can get such data without much hassle, and that's why the Identity data isn't safe with even the trusted casinos. That's one of the reasons why people prefer Bitcoin because it provides complete privacy to user and it doesn't require any KYC information of the users, and there isn't going to be any interference from centralized authorities. The Bitcoin enthusiasts would always choose the casinos that don't really need someone's KYC information.

       -  Let's just state that when a casino has the data privacy of their clients who will play on their casino platform, they may actually do whatever they want with the information they have, even if they are under a government-regulated license. But don't allow the government do what you propose because it violates the rules and policies that they sought via regulation.

So, when compared to an unregulated casino, I can state that my casino with KYC is safer because it is better regulated. Because there is no claim in that situation due to the lack of a license, the no-kyc rules gambling platforms are generally used.

[coin-investor]

Op, if I'm guessing correctly, you used Ai to generate your post. I couldn't get the exact write up, because the ai was design to generate different response to different users but I found something similar

You need to enhance or resize your evidence so we can check if OP is really posting articles generated by AI, when you accuse someone you have to be sure of your allegation it is unfair to anyone being accused prematurely.

Going back to OP's topic the cons outweigh the pros of casinos without KYC, they cannot exist and compete with top casinos in the industry because regulators will keep their eyes on how they do their business and there's a possibility of being shut and domain confiscated if authorities consider non-KYC casino as an entry point of money laundering.

[Haunebu]

The KYC debate continues to heat up. Coming to this topic, KYC enabled casinos are definitely way more in number and easier to trust when compared to no-KYC casinos, but no-KYC sites will always exist.

Why? Because there are plenty of gamblers out there who value privacy over everything else. They are willing to risk their money in order to stay anonymous basically.

They developed interest in the crypto world thanks to BTC and its anonymity factor.

[Wapfika]

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.

This is not an advantage since casino clearly violating the law of that specific country regarding online gambling. It like enabling restricted citizens to bypass their law just because you give them a chance. Casino that doing this is committing a crime.

Also casino that offers this kind of feature only offers house game since 3rd party game providers has their terms and conditions that separate to the casino. This is the most unethical representation of casino without KYC benefits.

[slapper]

It is rare to see a non KYC casinos these dats because, the government have regulated them in other for them to be able to have statistics of how many people uses the casino daily and also for them to be able to look into the activities of the casino. The government will also collect tax from these casinos and that is why it is mandatory for many big casinos to ask for KYC. A KYC casino is safer when it comes to funds withdrawal because, they will make sure that they build a good reputation with their customers. A non KYC casino is not registered with the government and doesn't have a license of operation, this makes it easy for them to scam customers. I preder using the casinos that does KYC because it will be easy for you to have access to a big win.

To put so much faith in the safety of KYC casinos just because the government keeps an eye on them. I remember hearing about Mark (honestly not really remember his name so I choose Mark), a businessman who used to do well. He was attracted to KYC casinos because he thought, "Hey, the government says they're safe, so they must be." Wrong. Mark had to deal with constant delays and, let's say, "technical issues" when he tried to get his big winnings. All of his papers had been "under review" for a long time. So, what's going on? Are casinos with KYC really better? In an ideal world, they might be. But the truth is often less clear. Sometimes, it's not about KYC or not KYC; it's about doing your study and not getting scammed from both casinos and hackers

[Solosanz]

-snip-

To put so much faith in the safety of KYC casinos just because the government keeps an eye on them. I remember hearing about Mark (honestly not really remember his name so I choose Mark), a businessman who used to do well. He was attracted to KYC casinos because he thought, "Hey, the government says they're safe, so they must be." Wrong. Mark had to deal with constant delays and, let's say, "technical issues" when he tried to get his big winnings. All of his papers had been "under review" for a long time. So, what's going on? Are casinos with KYC really better? In an ideal world, they might be. But the truth is often less clear. Sometimes, it's not about KYC or not KYC; it's about doing your study and not getting scammed from both casinos and hackers

Correct, I'm pretty sure he's not a gambler, that's why he can think when the online casino has KYC rule and licensed, it will be safe. There are so many licensed casino turn scam and the license or government didn't even catch the casino's owner. Either casino has KYC rule or no KYC, it's still same because it depends on the casino's reputation and the owner.

[macson]

the KYC procedure should not be seen as a coercion so it is important for every gambler to read the TOS first.  KYC is implemented for good purposes, usually to prevent fraud from occurring, i know that, but on some gambling sites quite often KYC becomes an obstacle for users to withdraw their money, therefore following KYC procedures or not must be done with full awareness and without intimidation from anyone.  anyone must know what he/she is doing, whether you like the KYC procedure or not is your choice and right as a human being.

[qwertyup23]

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.

I do think that for a long-term of an online casino usage, investing you resources in a KYC casino is better than a no-KYC casino. If you plan on just gambling for short-term profits, then better if you focus on a no-KYC casino.

At the end of the day, if you want security, then choose a KYC casino due to the benefits they have. In addition, legal processes can also make it possible for you to sue them should you encounter any problem/issue that the casino blatantly disregard.

[maydna]

the KYC procedure should not be seen as a coercion so it is important for every gambler to read the TOS first.  KYC is implemented for good purposes, usually to prevent fraud from occurring, i know that, but on some gambling sites quite often KYC becomes an obstacle for users to withdraw their money, therefore following KYC procedures or not must be done with full awareness and without intimidation from anyone.  anyone must know what he/she is doing, whether you like the KYC procedure or not is your choice and right as a human being.

That is why every gambler should be able to choose a casino that will not make it difficult for him when he wants to do KYC. When he chose the casino, he realized that later he would have to do KYC when he wanted to withdraw his money so that they would prepare it first. But there are still casinos that allow gamblers not to do KYC, and there are usually certain restrictions that gamblers must pay attention to in order not to do KYC. Gamblers will not be required to do KYC if they do not cross that threshold. So it will depend on the gamblers how they want to do KYC.

[Hatchy]

~Snip~

Tos, are usually put in place for everyuser to be aware of how the casino operates. If a users funds it difficult to read this before registering on any casino, they will have issues upfront when these casinos start bringing in some features that were never in their menu.

 The KYC for instances, may not actually be put in place at first, but after a while when these casinos discovers a need to implement the KYC their users might have no choice but to comply. As long as it was stated in their KYC before now that they have the right to implement new changes to their system


Some days ago, I came across a thread where a user couldn't withdraw all his funds from a specific casino, this was after he withdrew few but then he was required to do KYC to withdraw the rest. Now on completing this, he finds out that his country was blacklisted from KYC verification on the casino. From this, I would say he never bothered to check out the terms and conditions before using that casino, Because I have read some TOS and it's clearly listed there some countries that aren't allow to use them.

[piebeyb]

I agree with the Non-KYC because this is the experience of the crypto becoming anonymous and being transparent. You don't need to get worried about your data we know how does people use the data of other people even though they say that "we protect your data." There's no safe on the internet right now the cons only I've seen here is the recovery of the account the assurance of the player for their accounts are lessen if their devices get comprise by other people the casino does not have the capability if there's no KYC for verification the real owner.  Having a level 1 KYC is enough for me im not a large gambler large withdrawal is not too much issue.

Every casino whether it supports KYC or Non-KYC, there are always good and bad things, it depends on how people want to choose, as you said, nothing is safe on the internet, so don't try to gamble if you don't want other people to know your identity because gambling at offline casinos may be free with that and anyone can go to do that, if there are no problems and want convenience of course online casinos are better than offline casinos.

Yes, it's true that Non-KYC might have shortcomings, such as recovering a hacked account or something like that, if without KYC it's a bit difficult to recognize the original account owner and I've experienced problems like that, actually it depends on the perspective of each party, I too There's never been a problem with KYC level 1 because as a small gambler I don't need to send my identity at KYC level 2 because I'm just a small gambler maybe just like you and so far I've never had problems with withdrawals.

[Jating]

I agree with the Non-KYC because this is the experience of the crypto becoming anonymous and being transparent. You don't need to get worried about your data we know how does people use the data of other people even though they say that "we protect your data." There's no safe on the internet right now the cons only I've seen here is the recovery of the account the assurance of the player for their accounts are lessen if their devices get comprise by other people the casino does not have the capability if there's no KYC for verification the real owner.  Having a level 1 KYC is enough for me im not a large gambler large withdrawal is not too much issue.

Right, every casino is asking for KYC right now, although there could be some that doesn't require specially if you are just withdrawing small amounts. But if you are a whale and big bettor, I will assume that they will have to asked KYC at least level 1 for the casino to get to know you.

Of course, you have every right not to pass if you don't feel like to. But you have to move on and look for other casinos that might or might not ask you to go to KYC process. Just be careful though, we might need to read the ToS first before enrolling to a new casinos.

[MoonbetEcosystem]

If you are looking for a trustworthy and established casino/sportsbook that does not require KYC for players to register OR withdraw, then head to Moonbet.io

We launched in September 2021 and have great reviews on TrustPilot from players in the last two years. Yes, we operate a licensed casino but we use a web3 wallet connection via MetaMask or WalletConnect for a seamless player experience.

KYC is often a requirement from regulators to comply with anti-money laundering initiatives. We use a variety of other factors to combat AML, meaning that we can offer a web3 betting experience that is fair and trustworthy for players!