How to self exclude from anonymous gambling sites

[cafter]

Many reputable casino sites have self exclusion feature, and also most of us don't gamble on small sites or any other site which is not reputed.
so this question of anonymous casino is not applicable to most of us, or we can directly go to sites like gamble aware, where we can self exclude from signin up for other casinos.
or the user can use some extension, to block gambling sites, this type of lot of methods available if we look online.
staking coins is not very safe for periods like a year.

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[seoincorporation]

I don't think it is the best option to put all in stacking and consider it as a self-exclusion because the money is still at some kind of risk, if the staking token/coin crashes then we will lose part of the cake, and that just for holding the wrong coin. So, i think is better to change it to fiat or cash, and put it in a safe box, that way if something happens to crypto markets it will not affect us at all.

[BitcoinPanther]

I don't think it is the best option to put all in stacking and consider it as a self-exclusion because the money is still at some kind of risk, if the staking token/coin crashes then we will lose part of the cake, and that just for holding the wrong coin. So, i think is better to change it to fiat or cash, and put it in a safe box, that way if something happens to crypto markets it will not affect us at all.

I highly agree, it is still best to have a full control of our money.  Trusting our money t to an anonymous owner of the staking site just to prevent us from gambling is very risky.  Although there is profit to be seen in there, I do not think it is worth the risk.  If we do not want to gamble with the money, why not entrust it to our partners if we are married or to our parents if we are still single.  This way at least the people who are holding our money is our love ones.

This is why we will see KYC made mandatory in the future for crypto casino.

Any licensed centralized financial service will eventually implement KYC because it is required by the authority to have their service continue operating.  There is nothing a company can do but to follow the authority rules and regulations.

[Dunamisx]

Even though as we all understand that casinos cannot perform the same functions as mixers, but can be used to serve the purpose for some time, when we are to talk also about KYC, then i think there's much to discuss since most of the KYC requirements challenges are coming from the gamblers themselves and not the rate of attacks raged by them because of what they experience when thy are not complying with the mandatory conditions for KYC as well.

[carlfebz2]

KYC will be required to all casino sooner or later , like what happened in Mixing company , Casino site is also a place where Laundering is happening and the government will always against that so in time casino will be the next target.

Mixing services can't be compared with casinos... Mixer services serve to hide the origin of the coins, you can cover your traces by using mixers, and it's clear why governments are making moves against mixers. And maybe you are right that casinos will be the next target, but that will not be for the same reasons, in many countries gambling is legal and casinos will just have to register there and pay taxes if they wish to operate.

But I would like to believe that we will always have some casinos around that will not have mandatory KYC, it's the spirit of crypto... to be free and open for all.

You are right and @Reatim is also right, only that the scopes at which you guys are right are not the same. There is a school of thought that suggests that casinos are m!xing money as well, this is what makes people start viewing the mode of operation of casinos with that of m!xers, but it is not like that when it comes to the business model itself. If we view it like that, you will hardly see a single company that does not m!x money for money laundry purposes, it only depends on the people operating it. There is no way we can use the two business models to judge each other, and casinos can never be a sole m!xer, that's is not their core duty. But at times, casinos launder money as well, and they get to confuse the government with transactions to achieve their aim internally, this style is never new. This is what I believe that @Reatim is talking about. However, you are right since m!xing is not their core job.

Totally really depends on the operator if he would really be doing those money laundering things or not, but if we do speak about mixing money literally then we can really say that its inevitable considering about
ins and outs of those funds on a certain platform then it would really be just that a normal operation. Why people do really trying out to compare both things on which we know that their function and business
path would really be that different. It is really just hat gambling platforms are really that known to possible launder money but since these places or things are highly regulated then as an owner then
you wont really be putting up yourself into such huge problem. Pretty sure that they are really that heavily centralized and regulated.

Dont know on whats up into peoples minds on why it is really looking like a big deal when it comes to this, considering that they are really that different business model?

[Assface16678]

Well, that can be a good option, but the thing is, how can you be so sure that the asset you stake will grow or be returned to you for the same amount you stake? Of course, you need to make sure first that the platform you will stake on is trusted, realiable, and has a good reputation to make sure your asset is secured. What if your asset value drops while in the staking state and, as you said, it will be locked for a period of days? Then you cannot swap it to a stable or safe currency before it fully drops. In short, there are still pros and cons to staking your assets. If you really want to stop yourself from gambling, then better not think of it at all. Learn to control yourself, not exclude yourself, because it will not help you at all. You are just forcing yourself to stop, not teaching yourself to control.

[Get-Paid.com]

Well, that can be a good option, but the thing is, how can you be so sure that the asset you stake will grow or be returned to you for the same amount you stake?

You can't, if you want you can do it in USDT but that's also a risk.
You can also use a fixed deposit in your bank (aka CD in America), the money will be locked but then you gamble on FIAT to appreciate.

So far in the FIAT vs SUZUKI test seems like SUZUKI wins (*SUZUKI = a nickname for Saotshi Nakmokto lol)

 

[delfastTions]

This is why we will see KYC made mandatory in the future for crypto casino.

Any licensed centralized financial service will eventually implement KYC because it is required by the authority to have their service continue operating.  There is nothing a company can do but to follow the authority rules and regulations.

There's no doubt about it.  Of course, KYC is persistently and steadily required for crypto-payments by a growing number of casinos and, in general, almost any sites that use crypto-currency payments.  This is obviously simply the implementation of regulations, instructions and laws issued by the governments of many countries.  But even for those who pass such laws, maintaining the anonymity of payments sometimes remains an important option.  And this struggle for the possibility of anonymity of payments, as I think, firstly, is very much in demand by players, and indeed by all people.  Secondly, providing personal data to anyone who asks is not at all safe.  This is even a violation of the safety principle. 

I hope that the world of anonymous payments will still exist parallel to the world of personalized payments, since this is simply what users need quite often.  And the legislature will still find some kind of compromise.

[Dave1]

I don't think it is the best option to put all in stacking and consider it as a self-exclusion because the money is still at some kind of risk, if the staking token/coin crashes then we will lose part of the cake, and that just for holding the wrong coin. So, i think is better to change it to fiat or cash, and put it in a safe box, that way if something happens to crypto markets it will not affect us at all.

I agree, for the the best choice is to just really cash out, in the first hand, you wanted to get out with that self-exclusion, so why still left some, including those tokens? Besides you should take control, I mean if you just stake it there, you still have to check from time to time and if crashes, then you lose all your hardwork.

So it's better to leave no room for error, self-exclude and remove all your coins from that gambling sites.

Even if it reputable, the market is still the one who's going to control, if the coins crashes or not.

[CODE200]

Why make things difficult for yourself with this temporary solution? If you learn self-control and the ability to say no when you need to say no, that's going to be more beneficial to you in the long run and the benefit of locking out your funds isn't that good of a solution anyway because you can still deposit money to fund your gambling habit so besides being a temporary solution, it's a bad one at that. With learning self-control you end up affecting your whole life too, your decision making and being able to stay calm and collected when under the pressure is probably a good way to go so stop with this temporary stuff and go for the permanent albeit difficult one.

[Get-Paid.com]

Why make things difficult for yourself with this temporary solution? If you learn self-control and the ability to say no when you need to say no, that's going to be more beneficial to you in the long run

That is a very ignorant thing to say.

You are like a few others here repeating the same mistake that is being mentioned here, you think for some people learning how to self control is some sort of a yoga class?

Self exclusion has helped millions of people around the world.
It's a useful tool, no doubt about it.

If gambling was about self control people wouldn't have lost millions, their houses, their families and more.

[samuraijin]

This is why we will see KYC made mandatory in the future for crypto casino.

Any licensed centralized financial service will eventually implement KYC because it is required by the authority to have their service continue operating.  There is nothing a company can do but to follow the authority rules and regulations.

If KYC is done for security then everyone should follow the procedures on the casino site without exception, even though there are many pros and cons in some parties, at least I support KYC rather than rejecting it, because it can help the casino site to continue operating smoothly. safe without any demands from the authorities putting pressure on it and at least the company can run safely if all procedures have been carried out according to the SOPs provided by the authorities.

[EarnOnVictor]

Any licensed centralized financial service will eventually implement KYC because it is required by the authority to have their service continue operating.  There is nothing a company can do but to follow the authority rules and regulations.

This is why companies are actually doing the KYC, there is no way they will not get their licence revoked if they continue to disobey the law of the land. The registration done has always made them accountable, not that the company wishes to it if they have their way. Even as some will still be hiding under it to try to trap the funds of their customers. But with the registration and even regulations, there is nothing they can do except to run, and there are many of them who run and start some offshore businesses elsewhere. Though offshore, they will still have to follow the laws of the land too in this field, but at times, it might have lesser demands and regulations than the former. This is why you see most casinos registering with and regulated by the Government of Curacao, they are running away from the more strict regulations.

Still, we have to know that demanding KYC can't entirely mean that a company's operation is genuine. We must establish it with proof no matter how the company we are dealing with looks genuine. Some are only hiding under this regulation lookalike and they will also ask for the KYC without being answerable to any government. Some will even show you fake proof of their regulation on their websites, this is why we must do our own research too.

[Hamphser]

This is why we will see KYC made mandatory in the future for crypto casino.

Any licensed centralized financial service will eventually implement KYC because it is required by the authority to have their service continue operating.  There is nothing a company can do but to follow the authority rules and regulations.

If KYC is done for security then everyone should follow the procedures on the casino site without exception, even though there are many pros and cons in some parties, at least I support KYC rather than rejecting it, because it can help the casino site to continue operating smoothly. safe without any demands from the authorities putting pressure on it and at least the company can run safely if all procedures have been carried out according to the SOPs provided by the authorities.

The main reason why on crypto gambling industry had boomed that much because it do really totally opposes that KYC thing but since these places or companies are really that could be regulated then government wouldnt really be just letting it slide.They would really be that bound on being regulated considering that they are really that tending out to generate those influx of funds ingoing and outgoing.
Somewhat there are still platforms which are still not regulated or doesnt have license but we cant really deny that when it comes on bringing up some confidence and trust
then people would be most likely looking for this one.

Going back into the situation on what OP had pointed out for someone who do have plans on staking up his funds just to have that kind of self exclusion thing
then it wont really be that a bad idea as long you do make yourself that wary about fighting that possible addiction then it would really
be that a good initiative.

[Wiwo]

Even though as we all understand that casinos cannot perform the same functions as mixers, but can be used to serve the purpose for some time, when we are to talk also about KYC, then i think there's much to discuss since most of the KYC requirements challenges are coming from the gamblers themselves and not the rate of attacks raged by them because of what they experience when thy are not complying with the mandatory conditions for KYC as well.

Even at the time that we think casino could provide some form of windows to be used as mixer,  it still not work that way and only those with low or no knowledge that take casino to mean or provides mixer services or being used as an avenue for money laundering,  many time we failed to recognize the possibilities and it limitation and focus on the ability to deposit into casino get your deposits withdraw from the casino cold wallet which wound have mixed your deposits and that of others gamblers which can be viewed as mixing.

But then also we have to point out some unique feature of the casino that makes them different from a mixer,  which are wager conditions and KYC just as you also mentioned that in your comment,  so for sure these features make casinos far different from mixers services.

[cafter]

I don't think it is the best option to put all in stacking and consider it as a self-exclusion because the money is still at some kind of risk, if the staking token/coin crashes then we will lose part of the cake, and that just for holding the wrong coin. So, i think is better to change it to fiat or cash, and put it in a safe box, that way if something happens to crypto markets it will not affect us at all.

The better idea would be to keep that amount in a bank or fixed deposit it into a bank, the interest will be low but risk also will be low then staking and gambling.
it will be cause you to not invest in crypto but, your money will be safe,
there are a lot of unique and good ideas to stay away with gambling but the person needs to take action for it, like telling everyone in your home to stop me from gambling while they will see you gambling they can stop.
or lock the browser or casino site with some type of extension and give the password to a person whom you trust. it will limit yourself to not gamble more.

[Mauser]

You take a currency that requires 21 days for staking/unstaking, then you deposit this amount in Atomic Wallet, stake it and then you can't gamble with the crypto you're holding.

This would be one way to exclude yourself from gambling with your current balance, but what about just depositing new money? I have been in a similar situation in the past where I tried to reduce my gambling size and it was hard to control myself. What has helped me a lot is to drastically reduce my bankroll and really force myself to only stick to that size I can afford to bet with. There were a couple of setbacks when I added new money to the account, but over time I got better at controlling myself. I think this is something many traders and gamblers will have to learn. Another feature many casinos added is the panic button, which let's the gambler log out instantly and even lock the account for 24 hours, 7 days or 1 month.

[piebeyb]

The better idea would be to keep that amount in a bank or fixed deposit it into a bank, the interest will be low but risk also will be low then staking and gambling.
it will be cause you to not invest in crypto but, your money will be safe,
there are a lot of unique and good ideas to stay away with gambling but the person needs to take action for it, like telling everyone in your home to stop me from gambling while they will see you gambling they can stop.
or lock the browser or casino site with some type of extension and give the password to a person whom you trust. it will limit yourself to not gamble more.

It's a complicated method and I think it won't work if it's not the gambler's desire to stop, if he really wants to reduce or stop gambling, why should he be so tired of telling people around him, even though he should be able to start from himself and save himself without other people or family must intervene, he who started it all must also stop it.

You don't have to pressure yourself too quickly to stop, just reduce your time gambling and limit your budget consistently, I'm sure it will slowly eliminate the feeling of wanting to gamble and in the end you will succeed in stopping gambling and avoiding gambling, the point is to start from yourself, don't expect unless people already feel that their gambling addiction is very serious.

[SamReomo]

If gambling was about self control people wouldn't have lost millions, their houses, their families and more.

That's not right way to express gambling, those people have lost millions because they were greedy to earn a lot of money with gambling and I don't believe that the ones who don't have self-control can earn any amount in gambling. A gambler with self control can earn money but a gambler with no self control can't earn money.

In fact the ones who prefer self-control don't gamble to earn money because their main focus is to have some entertainment. The ones who are already addicted to gambling won't get any benefit if they put thousands of self-exclusion rules. It's better to develop self-discipline by accepting the fact that earning a lot of money as a gambler is not for everyone and once a person understands it then that person would never need self-exclusion.

[redsun114]

Why make things difficult for yourself with this temporary solution? If you learn self-control and the ability to say no when you need to say no, that's going to be more beneficial to you in the long run and the benefit of locking out your funds isn't that good of a solution anyway because you can still deposit money to fund your gambling habit so besides being a temporary solution, it's a bad one at that. With learning self-control you end up affecting your whole life too, your decision making and being able to stay calm and collected when under the pressure is probably a good way to go so stop with this temporary stuff and go for the permanent albeit difficult one.

Patience, self-control, discipline, and all other things are not to be learned, especially if you are all grown up now because you tend to learn and practice all these things when you are growing up, it also depends on how you have been raised and what kind of a life you've had since childhood. People who were spoiled by their parents at a young age can barely be able to have any patience or self-control or know how to stay disciplined when it comes to things like finances because they have just been spending their whole lives without having to worry about anything.

So, one cannot start gambling, become addicted to it, and wake up one day and decide that he will learn to be patient and have self-control to avoid gambling. It doesn't work that way, and you will need to find other ways to get rid of your gambling addiction if you've realized it's having a bad impact on your life.