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Author Topic: Can we still truly achieve anonymous gambling in crypto?  (Read 863 times)
goaldigger
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March 29, 2024, 09:14:23 PM
 #121

What I have seen that currently there was no well reputable and well featured casinos in my eyes. And some of catches my attention but they don't have enough features like what on a regular casino. I will not say that there was no casino that followed the non-kyc verification rules but I this they will also a non licensed casino. So depends on you where you will play non-license or licensed.
Many still preferred a licensed casinos even if they are requiring KYC already and I think, a good casinos will always ask for the KYC because they are being regulated. Being anonymous might only possible for a new casinos and a decentralized casinos though the risk playing with them are high and also not guarantee when it comes to your security. If you want to stay anonymous then you might consider these risk before you gamble with them.

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March 29, 2024, 11:09:04 PM
 #122

No one is truly anonymous if you use crypto to gamble. Yes of course crypto casinos are easier to use than FIAT casinos and you can withdraw your money in crypto and withdraw it in fiat.
If you do that, you're definitely breaking your privacy because you'll take fiat and that's likely through the banks that you also have accounts.

It doesn't require as much validation as withdrawing fiat from a crypto casino. I think some crypto casinos still don't require KYC to withdraw your money. Casino sites like Duelbits do not ask for your KYC to withdraw your crypto.
The same goes for stake, they are not asking for KYC although they'd ask for some certain information for you as a level 1. But you just can fill it up and go on after wards without the need to send IDs for that filling out of information.

I don't know if these regulations will be different in each country. I won several times on sports bets and they didn't ask for KYC verification.
It varies per casino and I don't think that being in a certain country has something to do with that unless they are restricted.

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March 29, 2024, 11:15:52 PM
 #123

That's true.

Complying to KYC doesn't mean that they're securing our money but we're just compliant to them and they're also asked by the regulators to do it.

There are also those staff that are taking advantage of their position especially those that have access to their database. Try to test out a new email and register it to any casino, if the data is leak then you'd receive tons of spam emails.
Been anonymous in the system is absolutely not possible because it comes with strict actions, perhapes it can be achieveable. The register will always those that have or acknowledge the significant odds to follow. New days, new rules are implemented and it's our top duties to abide by them. KYC is an important feature when it comes to casinos, it's really been a sector that should be thoroughly checked because a user profile on casino is never complete without verification.
It's also an important matter to the users.

If a casino asks for it then you know that they've been asking that for you to have a higher limits and will be allowed to get into some withdrawals with such amounts.

There are casinos that don't ask for it but might give you a surprise when they ask you to and that's what is annoying to most.



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March 29, 2024, 11:20:25 PM
 #124

What I have seen that currently there was no well reputable and well featured casinos in my eyes. And some of catches my attention but they don't have enough features like what on a regular casino. I will not say that there was no casino that followed the non-kyc verification rules but I this they will also a non licensed casino. So depends on you where you will play non-license or licensed.
Many still preferred a licensed casinos even if they are requiring KYC already and I think, a good casinos will always ask for the KYC because they are being regulated. Being anonymous might only possible for a new casinos and a decentralized casinos though the risk playing with them are high and also not guarantee when it comes to your security. If you want to stay anonymous then you might consider these risk before you gamble with them.

This is actually true even if we do hate up centralized things but due to have tons of scams in the market then we would really be preferring into those sites which does have licenses on which at least if they would really be tending to become a scam or ran away then we would really be still have the chance on having that recovery or trying to  trace up those scammers not unlike into those platforms that are truly anonymous devs or owners but somehow there are still some sites that are still anonymous until this very moment but still that one of the most trusted and reliable platforms that we do have in the market today.
Yes, it does shows that anonymity isnt something that always be in connected with shady acts that could really be that the common impression by most people in relation to this.

If you dont like on having that kind of centralized feeling then you could always opt in on playing into those dex platforms but i can say that it isnt really something that would
be entertaining or something that would really be enjoyable based up on my experience.

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March 29, 2024, 11:26:25 PM
 #125

It's also an important matter to the users.

If a casino asks for it then you know that they've been asking that for you to have a higher limits and will be allowed to get into some withdrawals with such amounts.

There are casinos that don't ask for it but might give you a surprise when they ask you to and that's what is annoying to most.
Exactly, Each gambling place has a different policy. We as users must comply with the existing policies, because as far as I know, Some gambling places do not allow money laundering, So when one of the users makes a withdrawal of a very large amount it is possible must complete identity verification first. As long as you can consider this issue well and the results you get are also big enough, I don't think it's a problem if you follow the existing rules and I'm sure your privacy will be protected.

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March 29, 2024, 11:29:40 PM
 #126

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
Cryptocurrency users happens to be one of the most concerned persons about their identity and how they let it out to a third party site. This has become a prerequisite about the space and what most gamblers do enjoy in the space.

Unfortunately, KYC has been some need to do requirement by most gambling casinos or sportsbook, it’s either required during the registration, in cases of big wins and cases of irregularities in the activities from your account. As terrifying as it could look to the gamblers, your likely to do that at some point and that’s the more reason why, you should be gambling with a well trusted sportsbook or casino.
Hence, in the event that this is required, you’ll be cool having to provide these KYC documents depending on what’s at stake and should there be no other means.

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March 29, 2024, 11:45:34 PM
 #127

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
This will happen and may still be expected on gambling platforms which incidentally do not require anything like KYC with official ID documents from the government. If it only requires email or other data but doesn't require attaching ID data from the government, then that will be quite meaningful for gamblers who prefer things that are more private. Because after all, privacy is very important, for anyone. Especially when entering the world of gambling, there are most people who definitely prefer privacy, more than others.

For, when we provide our personal data along with photo ID or official data from other governments, it really damages our privacy in online activities. Moreover, we cannot guarantee how safe the data is, there is no 100% guarantee regarding whether it is safe or not. In fact, there is no guarantee that the data is truly safe. This is the importance of privacy.

But unfortunately, not all top gambling platforms have such a high reputation. There are some of them who require a KYC system to know that their users are not in their restricted area. So this can reduce the risk of them being subject to sanctions at some point. This is quite a dilemma. So, whatever it is, again it will depend on each of us, what we will do or choose.

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March 29, 2024, 11:46:53 PM
 #128

Crypto casinos are slowly coming under license because the governments are finding various irregularities of the users, especially the cases of illegal money transfer are gradually increasing. Such events are usually accepted using these crypto platforms. For which government must be taken necessary measures. Crypto casinos are different from fiat casinos. A user has to wait a long time to withdraw from a fiat casino and there are also big hurdles to deposit. But crypto casinos have no such problem. There is no delay in deposits and withdrawals. Moreover, since it is easily accessible from anywhere in the world, users are very interested in crypto casinos. Although crypto platforms have evolved to remain anonymous, it is slowly becoming harder. But it also has some positive sites. An unlicensed casino can steal users' money but a licensed casino platform cannot do.

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March 30, 2024, 12:29:04 PM
 #129

It's also an important matter to the users.

If a casino asks for it then you know that they've been asking that for you to have a higher limits and will be allowed to get into some withdrawals with such amounts.

There are casinos that don't ask for it but might give you a surprise when they ask you to and that's what is annoying to most.
Exactly, Each gambling place has a different policy. We as users must comply with the existing policies, because as far as I know, Some gambling places do not allow money laundering, So when one of the users makes a withdrawal of a very large amount it is possible must complete identity verification first. As long as you can consider this issue well and the results you get are also big enough, I don't think it's a problem if you follow the existing rules and I'm sure your privacy will be protected.
If we can't take their policy for asking additional requirements like for their KYC then all you have to do is not to make it on them.

Try to find a better one that's going to give you no pressure at all because you're totally fine with them and you'd just gamble without any thinking that you might be asked for kyc later.

But with such centralized casinos nowadays, it's almost not achievable.



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March 30, 2024, 12:47:48 PM
 #130

Achieving complete anonymity in cryptocurrency gambling is challenging due to the public nature of blockchain transactions. While some cryptocurrencies prioritize privacy features, achieving absolute anonymity depends on various factors including the specific cryptocurrency used, the platform's implementation of privacy measures, and external factors like regulatory scrutiny.
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March 30, 2024, 01:29:59 PM
 #131

Achieving complete anonymity in cryptocurrency gambling is challenging due to the public nature of blockchain transactions. While some cryptocurrencies prioritize privacy features, achieving absolute anonymity depends on various factors including the specific cryptocurrency used, the platform's implementation of privacy measures, and external factors like regulatory scrutiny.
It was the regulatory factor that kills anonymity. Because even if the blockchain is public, no one would have an idea who are the users of the transactions in the blockchain, but once you got into the KYC requirement of either a casino or exchange, it would be easier for the government to link transactions to you as they have the power to inquire information and direct the platforms that they regulated to comply.

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March 30, 2024, 02:10:43 PM
 #132

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
This will happen and may still be expected on gambling platforms which incidentally do not require anything like KYC with official ID documents from the government. If it only requires email or other data but doesn't require attaching ID data from the government, then that will be quite meaningful for gamblers who prefer things that are more private. Because after all, privacy is very important, for anyone. Especially when entering the world of gambling, there are most people who definitely prefer privacy, more than others.

For, when we provide our personal data along with photo ID or official data from other governments, it really damages our privacy in online activities. Moreover, we cannot guarantee how safe the data is, there is no 100% guarantee regarding whether it is safe or not. In fact, there is no guarantee that the data is truly safe. This is the importance of privacy.

But unfortunately, not all top gambling platforms have such a high reputation. There are some of them who require a KYC system to know that their users are not in their restricted area. So this can reduce the risk of them being subject to sanctions at some point. This is quite a dilemma. So, whatever it is, again it will depend on each of us, what we will do or choose.
Gamblers cherish internet anonymity. And that makes sense. We're tracked online, so where are your actions not a commodity? That matters. Especially in high-stakes games

KYC seems fair. Stops money laundering and maintains transparency, but at a high cost. It removes anonymity.  Every aspect of your life is a data point to be purchased, sold, and evaluated. Once you gamble, you're investigated

That's the issue. Big, trusted sites almost require KYC. Partially for safety, partially to please governments. But it’s a move for greater control. In addition to playing, you're a well-organized profile. Do you comply? Lose a degree of freedom? Or go for riskier, unregulated spaces?  No simple answer exists, and it's not about morality but what you're willing to sacrifice. Because it's not niche. It symbolizes the digital world's privacy crisis

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March 30, 2024, 02:11:29 PM
 #133

Crypto casinos are slowly coming under license because the governments are finding various irregularities of the users, especially the cases of illegal money transfer are gradually increasing. Such events are usually accepted using these crypto platforms. For which government must be taken necessary measures. Crypto casinos are different from fiat casinos. A user has to wait a long time to withdraw from a fiat casino and there are also big hurdles to deposit. But crypto casinos have no such problem. There is no delay in deposits and withdrawals. Moreover, since it is easily accessible from anywhere in the world, users are very interested in crypto casinos. Although crypto platforms have evolved to remain anonymous, it is slowly becoming harder. But it also has some positive sites. An unlicensed casino can steal users' money but a licensed casino platform cannot do.

Well, governments are rightfully concerned about irregularities and illegal money transfers, prompting the need for necessary measures. While crypto casinos offer faster transactions and global accessibility compared to fiat casinos, the anonymity they provide can be a double-edged sword.
As they transition towards regulation, the focus should be on maintaining security and fairness for users, while also ensuring compliance with legal and financial regulations. The evolution of crypto casinos will require a delicate balance between innovation and accountability to create a safer and more transparent gambling environment.
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March 30, 2024, 02:25:44 PM
 #134

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

I still remembered the time I joined this forum, there was this campaign of "Not your keys, not your coins" that was been voluntarily promoted on this forum, it became my personal text till date and that was because of decentralization moves but it seems all have been forgotten, as in people don't even care about it any more, the centralized exchanges keep winning everytime.

Decentralized casino wouldn't strive properly because of some reasons and here are the ones I have with me:

-Government regulation: AML is one of the factor government allow people to use crypto, any company that is involved in crypto and doesn't Take KYC serious will be an enemy of the government, this is why casino without KYC will not work under the watch of government.

-Normalize traditional casino are everywhere, many gamblers are used to the traditional casino, crypto is just their way of funding but don't really care about any other benefits like privacy or any decentralization, they just want to win and double their crypto, they don't care and since casino are after money, they will always give priority to where there is money.

East to use: Most centralized casino has an easy features which ofcourse comes with a risk but they don't care about all of that, what matters to them is ease of use and make more wins.

You can see that, it will be difficult to see decentralized casinos around here.

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March 30, 2024, 02:37:29 PM
 #135

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

I still remembered the time I joined this forum, there was this campaign of "Not your keys, not your coins" that was been voluntarily promoted on this forum, it became my personal text till date and that was because of decentralization moves but it seems all have been forgotten, as in people don't even care about it any more, the centralized exchanges keep winning everytime.

Decentralized casino wouldn't strive properly because of some reasons and here are the ones I have with me:

-Government regulation: AML is one of the factor government allow people to use crypto, any company that is involved in crypto and doesn't Take KYC serious will be an enemy of the government, this is why casino without KYC will not work under the watch of government.

-Normalize traditional casino are everywhere, many gamblers are used to the traditional casino, crypto is just their way of funding but don't really care about any other benefits like privacy or any decentralization, they just want to win and double their crypto, they don't care and since casino are after money, they will always give priority to where there is money.

East to use: Most centralized casino has an easy features which ofcourse comes with a risk but they don't care about all of that, what matters to them is ease of use and make more wins.

You can see that, it will be difficult to see decentralized casinos around here.

All that is written are probably some of the reasons why centralized casinos still wins every time.

However, let's look at this way, when crypto existed, it was promoted because it could give us anonymity, it was new to use, hard to typical person but we are able to learn on how to use it because we like to achieve the ultimate privacy which was its purpose. Things are doing great until time has come that bitcoin gets more popular and it has been notice by the government or regulators, and that they started to regulate it.

If they can ban it, they would, but they'll not gain anything from it so they just regulate it.

The factors you've mentioned like we got used to  "traditional casino and Most centralized casino has an easy features " is a non factor if the government did not infectere as eventually we will learn since anonymity is what we are after of.

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March 30, 2024, 04:56:38 PM
 #136

All that is written are probably some of the reasons why centralized casinos still wins every time.

However, let's look at this way, when crypto existed, it was promoted because it could give us anonymity, it was new to use, hard to typical person but we are able to learn on how to use it because we like to achieve the ultimate privacy which was its purpose. Things are doing great until time has come that bitcoin gets more popular and it has been notice by the government or regulators, and that they started to regulate it.

If they can ban it, they would, but they'll not gain anything from it so they just regulate it.

That's a fair point, but we gotta look at the other side here too.  Anonymity was a big draw for crypto initially, yes. But that's shaping up to be a double-edged sword in some ways. The way I see it - if crypto's really gonna go mainstream someday, it needs at least some basic guardrails and structure to build more trust and transparency with the public and get taken seriously alongside traditional finance.  It's not always about black and white, banning or complete freedom.

R


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March 31, 2024, 02:39:32 PM
 #137

The taste of the people won't change if only crypto stays the same but no because regulation are taking over eventually and that is the start for us to see a centralized exchange and later on they now require a KYC. Unfortunately the same thing occurs in the gambling sector. It's like a double-edge sword because it may give us an extra protection but at the same time removes our privacy.

I think it's not a big deal in the gambling scene because if we think about it, we are also gambling outside before but it's only a big deal in terms of using a crypto as a currency because this is not their original idea. Still, a lot of us are now used to this and there are still some decentralized services that are left that we can use if we don't want to adopt these new changes in the system.

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March 31, 2024, 03:12:12 PM
 #138

I think that things with crypto when you want to be anonymous, the main thing of all is that they have to be very willing to accept privacy coins, but until now no exchange, no casino has had that power to say that they accept Monero, I think that with Monero it is enough to do things well, but notice that even Binance took out , Delisted Monero from its Ranks, so it is only visible in the wallets, Darkweb, and this is enough for privacy and anonymity to re-emerge , Obviously , when casinos like this come out they will not ask for KYC, and this will be very good. Personally, I don't know what consequences it could bring to the site if it does something like that, Although I would give it a lot of credit for daring to do things like that, not just any He takes a risk and does it, for me it would be a very good thing, obviously it would not have Regulations or Usual Licenses, but I say that if the casino is honest and complies, then it is not bad, even if it does not meet certain Requirements , and with such Don't let it be a scam, well Everything is fine.

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March 31, 2024, 06:27:15 PM
 #139

What I have seen that currently there was no well reputable and well featured casinos in my eyes. And some of catches my attention but they don't have enough features like what on a regular casino. I will not say that there was no casino that followed the non-kyc verification rules but I this they will also a non licensed casino. So depends on you where you will play non-license or licensed.
Many still preferred a licensed casinos even if they are requiring KYC already and I think, a good casinos will always ask for the KYC because they are being regulated. Being anonymous might only possible for a new casinos and a decentralized casinos though the risk playing with them are high and also not guarantee when it comes to your security. If you want to stay anonymous then you might consider these risk before you gamble with them.
I think it's high time we perish the idea of wanting anonymity when we are dealing with a third-party company, which is the casino in this case. Nothing is anonymous in that anymore whether we like it or not, unless we decide to deceive ourselves simply because we are dealing with cryptocurrency. The transaction we are completing to and fro are being aware by a third-party casino so long as it is not us and our wallets alone. Is that what they call anonymity?

KYC aside, though it is another means to know us better, but no matter what we transact with a third party whether KYC is involved or not, such are known and they are no longer hidden as people widely believe. Again, till today, people are still dealing with no-KYC casinos, some of which are said to be trusted, so it is not all of them that are so bad to be afraid of. Just as it is not all KYC casinos that are trustworthy regardless of whether they are duly registered and regulated. Needless to say that many of the so-called KYC casinos are licences where regulation is weak, so that can't exonerate many of them. They mostly use that to cover up.

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March 31, 2024, 10:46:07 PM
 #140

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
Long as the casino you're playing with isn't using your information to peddle ad-sense and information brokers on the internet, you can always count on crypto casinos to really take care of your information and protect your anonymity. Sites like Stake and Duelbits do their shit at the utmost level to make sure that no one's getting a hold of your information, despite them being KYC-prerequisite casinos. Personally, the risk of playing with a scam casino in the search of a casino that doesn't use KYC severely outweighs the risk of getting my information brokered when we're literally in the age of access where you're one facebook profile search away, So I don't really go out there making it a problem that most crypto casinos nowadays require KYC.

At the end of the day, we all want to gamble safely and be fairly compensated for wins that we're bagging, in search of a No-KYC crypto casino you just might stumble upon shady platforms that are made to lure you in with the promise of fast withdrawals and no-KYC, then next thing you know, you're banned in their casino without you even knowing the reason why, and by then you can safely assume you're fucked royally. Would you really choose that over just jotting your personal info for a few mins, when you pretty much do the same thing every day?

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