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Author Topic: Why do you want to play on casinos without KYC requirements?  (Read 765 times)
Wexnident
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November 13, 2023, 10:47:25 AM
 #21

~
As I've said in previous similar questions, wanting to have a private instance of your activity does not equate you to being a criminal, nor does it need a justification. All that stuff about protection and whatnot? Really none of my goddamn business in essence. It's not my bloody fault that money launders exist. Also not my fault scammers exist. Possibilities like those just simply don't give justification to people not being able to like/want privacy.

Well, I say that but I've already done KYC on some casinos I play on. I've done it only on reputable casinos though which I take the time to figure out whether I should or should not trust.

R


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November 13, 2023, 11:03:14 AM
Last edit: November 13, 2023, 11:21:54 AM by Chato1977
 #22



Ps. I am playing Devil's advocate... if you did not notice it.  Grin
even if , yet I wanted my privacy to be safer , I am not criminal and i am not hiding anything but my PRIVACY .
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November 13, 2023, 11:08:26 AM
 #23

it's a hassle and I want to gamble anonymously as much as possible, I know the risk that I am taking by not doing any KYC and I accept those risks. I will only do KYC if I really need to do it, but if there is no need to do KYC I don't see the point of doing it. just to be clear, what I wrote is my preference and opinion and I don't recommend it to anyone. if you feel like doing the KYC would further secure your gambling, then go do it.

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November 13, 2023, 11:14:33 AM
 #24

it's a hassle and I want to gamble anonymously as much as possible, I know the risk that I am taking by not doing any KYC and I accept those risks. I will only do KYC if I really need to do it, but if there is no need to do KYC I don't see the point of doing it. just to be clear, what I wrote is my preference and opinion and I don't recommend it to anyone. if you feel like doing the KYC would further secure your gambling, then go do it.
Cant say more mate because like yours this is what i wanted to earn as my privacy(but that is when playing in new casinos"
because i have entrusted my details in couple of casino that I trusted and have been playing for years, though that teach me lessons to prevent
sending kyc when dealing in gambling businesses.so yes I am with you in this one and our privacy and security is what concerns us more.

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November 13, 2023, 11:24:01 AM
 #25

The first thing I want to ask, where's the statistic? you can't just use your own assumption when you to withdraw a majority conclusion.

I assume people who own Bitcoin should have understand about the purpose and it means they must be hold their coins in cold storage just like a popular phrase "be your own bank", but the reality most of people hold their coins in centralized exchange and it kills the purpose of Bitcoin.
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November 13, 2023, 11:24:55 AM
 #26

5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
Use 2FA with the email and no hacker will be able to hack the email. Gambling sites do it in a way it is not that easy to change your email.

it's a hassle and I want to gamble anonymously as much as possible, I know the risk that I am taking by not doing any KYC and I accept those risks. I will only do KYC if I really need to do it, but if there is no need to do KYC I don't see the point of doing it. just to be clear, what I wrote is my preference and opinion and I don't recommend it to anyone. if you feel like doing the KYC would further secure your gambling, then go do it.
KYC do not add to the security. If some gamblers think that it adds to the security, they are not getting it right.

If a no KYC casino is legit, they are worth going for.

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November 13, 2023, 11:31:43 AM
 #27

I think most people don't want their identity revealed and I don't know the reason they do that, I don't know what makes them not want their identity revealed, whether it's because they want to cheat or launder money, so they refuse to give their identity for reasons of fear of being misused and sold by casino parties and used for criminal acts. even though the KYC system implemented by the casino is to prevent negative things too.

But sometimes people who are not happy with that still play with licensed casinos that implement KYC in the end, they are also worried about playing at decentralized casinos which are sometimes less secure than centralized casinos, that's why I only consider KYC in casinos It's not something you should worry about, if you don't like it, don't gamble, it's an easier decision than complaining about the rules that have been set.  Wink

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November 13, 2023, 11:42:36 AM
 #28

it's a hassle and I want to gamble anonymously as much as possible, I know the risk that I am taking by not doing any KYC and I accept those risks. I will only do KYC if I really need to do it, but if there is no need to do KYC I don't see the point of doing it. just to be clear, what I wrote is my preference and opinion and I don't recommend it to anyone. if you feel like doing the KYC would further secure your gambling, then go do it.
KYC do not add to the security. If some gamblers think that it adds to the security, they are not getting it right.
I know, but a lot of people think it does, that's why I said, "If you feel". gamblers can do whatever they want, they can either perform the KYC or not, it is up to them.

If a no KYC casino is legit, they are worth going for.
sadly it seems like it is quite hard(or I completely missed it) to find an actual trusted casino that legitimately would not ask someone for KYC.

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November 13, 2023, 11:50:57 AM
 #29


5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)

7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)


I think for a reasonable, responsible and honest player who keeps to the rules of casino would not bother about all those points that you raised because he never tries to beat the house illegimately, so he doesn't concern himself with all those scam and money laundering whatnot. Therefore, he is to play genuinely but only fears his privacy disclosure otherwise whether KYC or not, he should fear nothing and is why he would consider the points above.

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November 13, 2023, 12:24:40 PM
 #30

Why do I have the feeling that this question has already been asked 1000 times in the Gambling forum? Grin
There's no guarantee that a KYC casino won't scam the gamblers, by blocking their accounts. KYC is definitely not a "silver bullet", that will solve all problems.
I'm still searching for people, who are totally OK with sharing their sensitive data over the internet(like pictures of their ID cards). Grin
You give your personal info to a private company, that has a gambling license in some obscure offshore jurisdiction(and you don't know anything about that company). What could possibly go wrong? Grin
I'm not advocating for non-KYC casinos. I'm simply waiting for the bright future, when gambling will become 100% decentralized and you won't have to rely on the legitimacy of a third party to keep your gambling money(and your personal info) safe.


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November 13, 2023, 12:28:47 PM
 #31

Most of the time KYC is to hide identity of the user probably he is from restricted country which gambling is not allowed or else why the heck you will still play on a casino with casino knowing that they will ask you eventually.

My other thought is real privacy concerns which a user is very afraid when their KYC might be leak in the public through exploit. We have different preference in regards to privacy and some people take it seriously especially if you are from the country that needs to be recorded all your tax expenses.

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November 13, 2023, 12:31:48 PM
 #32

One reason is that we send our personal data to people who are themselves anonymous and essentially responsible for nothing. Another reason is that personal data can always be leaked. Also, it cannot be ruled out that sanctions may be imposed against any country or legislation may simply change, and funds may be frozen instantly
In the online world, everyone prefers to be anonymous, due to which the sites without kyc are more exposed.  Submitting your personal documents anywhere creates a panic in itself.  But we are forced to kyc against our will in casino sites, crypto exchanges and other online platforms as kyc is very important to keep our funds safe there.  Otherwise, our account may be restricted or funds frozen at any time for any reason.  To avoid them, we are forced to kyc



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November 13, 2023, 12:36:58 PM
 #33

When trading or moving your crypto it makes sense to run after every possible privacy ways and avoid KYC with centralized exchanges all together but what is there to protect when you are into gambling? There is no way a casino will offer you a privacy service in gambling, if you see any it's an illegal casino and they can still rob you one way or the other.

It's a matter of choice if you want to be safe while gambling online, you have to use a regulated casino and been regulated means they have all rights to ask you to pass their verification system, it's just how thing should be, no casino is decentralized, live with it or quit gambling.

KYC doesn't add to any security, it doesn't mean that the platform can't be hacked but they are asking for KYC from their customers as the law and regulator asked and I don't blame them, KYC verification is almost to stop using the casino for any illegal or criminal activities.

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Oilacris
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November 13, 2023, 12:59:19 PM
 #34

I was thinking about this question over the weekend and I cannot seem to find legitimate reasons why people would want to play at casinos that do not require KYC verification.

1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.  

Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?

Ps. I am playing Devil's advocate... if you did not notice it.  Grin
The main reason?

People wont really be liking for their information to float around on the internet and could really be used on other means as if they are really that kind of special people or having that kind reputation
without even trying out to realize or to look back that they've been long time exposing their information into the government but somewhat i do agree on such point that if you arent that a criminal then why would you would really be that trying to avoid on that?

When crypto casinos had been introduced then it cant really be denied that it did really spark out that kind of interest to those gamblers who dont really want to expose their identity
or simple they do want on being anonymous on which on the time that they would really be playing then there would really be no information that would really be leaking out
about them.

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November 13, 2023, 12:59:54 PM
 #35

god knows who are the owners of these shady crypto casinos.. why would anyone want to send them their passport selfie and salary documents?
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November 13, 2023, 01:00:03 PM
 #36

Most of the time KYC is to hide identity of the user probably he is from restricted country which gambling is not allowed or else why the heck you will still play on a casino with casino knowing that they will ask you eventually.

Well, except I don't understand you correctly, but if I do, I did say that a gambler have no reason to avoid kyc simply because he is not sure if he is gambling from a region or jurisdiction that is banned by the casino, for if the casino really banned his or her region or jurisdiction, then he or she won't be able to access the casino because, the casino would have blocks every ip address linked to they region or jurisdiction.

Except the gambler can only access the casino through VPN, then the gambler can be rest assured that he or she is playing from a restricted region, and such a gambler must avoid kyc as hard as possible.

Quote

My other thought is real privacy concerns which a user is very afraid when their KYC might be leak in the public through exploit. We have different preference in regards to privacy and some people take it seriously especially if you are from the country that needs to be recorded all your tax expenses.
You are very correct and I completely agree with you, I had a little touch on this in my last comment, many who avoid kyc do so because they don't trust the casino well enough to securely keep the document in a place where no third party will have access to it.

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November 13, 2023, 01:00:58 PM
 #37


In the online world, everyone prefers to be anonymous, due to which the sites without kyc are more exposed.  Submitting your personal documents anywhere creates a panic in itself.  But we are forced to kyc against our will in casino sites, crypto exchanges and other online platforms as kyc is very important to keep our funds safe there.  Otherwise, our account may be restricted or funds frozen at any time for any reason.  To avoid them, we are forced to kyc

I don't believe KYC is forced on anybody though. It is just a requirement to go through to register in certain casinos especially CEX. There are rules on that but the unfortunate thing is that most casinos are regulated and regulation come with obligated know your customer (KYC) that is a major reason you see the rule otherwise. But the decentralized casinos are still alleged not to be favourable in the area of its disadvantage to be a den for scammers and your funds can be withdrawn with a blink of an eyelid ones the right parameters for withdrawal is triggered since it runs on smart chain and blockchain, no regulation or restricted or checks may be verified before coins are withdrawn unlike KYC enabled casinos.

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November 13, 2023, 01:06:23 PM
Merited by Ever-young (1)
 #38

If I may ask you this question, are you aware of the Sweden Bitcoin holders physical attack?  If yes  then I believe you might see some reasons why  people detest KYC as it reveals their identity and their safety not guaranteed. I have not been a lover of KYC because of that. When a third party demanding you to do a KYC for the above items you have listed and yet they can not guarantee your details safety what else can they do? These are the reasons why people do not find it convenient doing.

As for your opinions, I think they are not too feasible because all you have listed can not be prevented by KYC as many hackers and scammers are always ahead of prevention measures by the casinos and lots more. Even money launderers too are very smart to under go KYC without their real identity and most cases they use multiple accounts to do their work and nobody can detect them.

For reference to the Sweden Bitcoin holders attack;

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.binance.com/en-NG/feed/post/1699190&ved=2ahUKEwiUmKb-hMGCAxWST0EAHbMrCuUQFnoECA4QAQ&usg=AOvVaw3geTrTJ30pTX8q5a4DvqQf

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://cointelegraph.com/news/swedish-bitcoiners-targeted-by-armed-criminals&ved=2ahUKEwiUmKb-hMGCAxWST0EAHbMrCuUQFnoECAkQAQ&usg=AOvVaw1XiZhKdKSPCtTWSVNj-2_Z

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freedomgo
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November 13, 2023, 01:13:53 PM
 #39

We are well aware of the risks associated with playing at a non-KYC casino, but we are willing to accept those risks in order to enjoy full privacy and anonymity. It's similar to using a bitcoin mixer, we understand its association with money laundering and other illegal activities, yet we still use it for the purpose of gaining anonymity. After all, crypto is supposed to provide us with anonymity, and we are simply trying to achieve that goal.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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dimonstration
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Dimon6969


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November 13, 2023, 01:20:38 PM
 #40

We are well aware of the risks associated with playing at a non-KYC casino, but we are willing to accept those risks in order to enjoy full privacy and anonymity. It's similar to using a bitcoin mixer, we understand its association with money laundering and other illegal activities, yet we still use it for the purpose of gaining anonymity. After all, crypto is supposed to provide us with anonymity, and we are simply trying to achieve that goal.

There’s already non-KYC casino that is complete decentralized. It doesn’t need you create an account and you can play by just interacting to smart contracts. The only danger is if you didn’t know how to read code but most of this casino is open source and has a smart contract audit that is equivalent on having license to check their code.

They are just offering simple games that’s why they are not popular and also they don’t of VIP rewards like the casino with KYC offers. People is just not contented on what’s available but they really have a choice to play without KYC but still safe.
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