Why do casinos require users to verify their identity through a KYC policy?

[freedomgo]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

[Oshosondy]

The casino may believe that the person with the two or more accounts will not be able to provide different KYC documents for more than one account.

[Davidvictorson]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

In addition to what Oshosondy has said, when casinos requests for KYC, they do it as a standard procedure in compliance in Anti- money laundering regulations. Secondly they want to check that the player is in compliance that is , the player is not visiting their website from prohibited countries.

[Frankolala]

I think it all boils down to the aspect of cheating, as it avoids abuse of casino account.

Government regulations is also another problem that made these casinos to make KYC compulsory. This is because the government needs the identity of everyone using their casino in record for easy tracking down of users. If they don't accept to that, the government will not give them license to operate legally. I could remember initially when these online casino started, most of them were KYC free but as time goes by they started asking for KYC.

[swogerino]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

I think that the KYC can be also used for that,for suspects that are suspected of cheating but I think the KYC can be beneficial if you play with big amounts and you want to withdraw them,you will have absolutely no problems if you are KYC verified,also like the title of this thread,they,the casinos have such policy as they have it easy to audit all the game play of a certain individual as they know every detail of this individual,the browser,the OS,the IP-s and how he behaves most of the times,if they spot a change of behavior for example to make an analogy,most antivirus software nowadays have that change of behavior built it which suspects for a virus if the behavior changes,the same for the casino,they have the right to suspect if the behavior changes.

[Fivestar4everMVP]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

Are you new to gambling?, I am asking because I find it amusing that you have been promoting gambling casinos for a while now, possibly years on this forum, and right now, you are asking about how or why casinos require their users to pass kyc verification, it's kind of odd and makes you appear like a newbie gambler.

Anyways, from or based on my own understanding, I won't say there is no reason, but then, there is no definite reason aside from the fact that it more like a preventive measures issues by the government and passed down to centralized organizations that deal in money between them and their customers, kyc is a way the casino identify with their users, and also keep track of their financial records on the platform, this helps incase the user commits any financial crime, he or she will be able easy to identify and go after by the government.
This is what I can think of for now.

[salad daging]

Because with the KYC policy it can see the identity of the user, where else to verify other than KYC other than that is impossible, right?

This is one of their tools when there is a suspected account by providing documents to verify it, besides that it is also a government policy, the casino will comply with what has become the rule.

Similarly, exchanges are now almost obliged to implement KYC, even when their accounts are suspected, they will ask for a higher level of KYC and prove everything.

[coin-investor]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

Its all because of compliancy on the license the casino is holding and to make sure players do not violate their terms of service like multi accounting and playing from restricted countries and the player is not minors and of age.

If you're a big bettor the casino will also ask your proof of income to make sure that you are betting within your means.

KYC policy is a sign that the casino operate in a legal ways just like banks and online exchanges, they know who their customers are and the players are the people they are targeted to play in their platform.

[Ambatman]

Short answer for Transparency.
It would prevent fraudulents acts without their notice or them not having any power over.
Like the name implies Know your Customers, It is becoming more like a requirement by the government to allow any platform dealing on cryptocurrency continue running without the government tagging them terrorist sympathizers or frauds.
It all boils than to the user if the comfortable with conforming with the rules of the Casino.

[freedomgo]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

Are you new to gambling?, I am asking because I find it amusing that you have been promoting gambling casinos for a while now, possibly years on this forum, and right now, you are asking about how or why casinos require their users to pass kyc verification, it's kind of odd and makes you appear like a newbie gambler.

Sorry but you seemed to lack comprehension on the topic. It's not a basic KYC as I'm not new to gambling and I'm an educated person. I understand that KYC is necessary to a regulated casino and anytime they could require us a KYC.

My concern was not on that basic thing, it comes with a situation which I have mentioned, and I'll write it for you again "suspected of cheating", see that words? Without that, they might not choose to require you a KYC or they will, it's up to them but the rules of the government or the regulators, KYC is necessary to all users.

So why they don't require a user a KYC when they sign up? and why would they wait until they'll suspect a user before they will let them pass the KYC?
That's the big question now, and I appreciate your response but it does not hit what I'm trying to imply.

Anyways, from or based on my own understanding, I won't say there is no reason, but then, there is no definite reason aside from the fact that it more like a preventive measures issues by the government and passed down to centralized organizations that deal in money between them and their customers, kyc is a way the casino identify with their users, and also keep track of their financial records on the platform, this helps incase the user commits any financial crime, he or she will be able easy to identify and go after by the government.
This is what I can think of for now.

You dig to far with your wild imagination I like that, but the very simple answer for KYC requirement is to ensure that they are not serving a minor.

[Beparanf]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

Simple answer Anti Money Laundering(AML) policy is what makes casino requires user to verify identity. All user that suspected to commit violation automatically subjected to AML policy.

Not only when user is suspected cheating, they can also require KYC if your account balance reach the amount which AML policy set to require an account KYC that’s why casino always states on their ToS that they have the right to ask KYC anytime.

The casino may believe that the person with the two or more accounts will not be able to provide different KYC documents for more than one account.

This is not always true, Casino is aware that anyone can hire someone to KYC their account that’s why multiple account case is very hard to win against casino if there’s an IP connection and similarities on activity even though they provide KYC on both account with different identity.

[Cantsay]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

Aside from the fact that their license requires them to do it since they are regulated it also prevent them from being abused by cheaters.

There are some accounts that have spent more than 5 years in a casino and yet haven’t done kyc verification and they are not being disturbed to do it while some that are barely up to three months are being asked to complete their verification process before they can do anything in the site.

We have all read, about how some users take advantage of some Casino’s NDBs and then create multiple accounts after being able to win a little from their alt account they’ll send it as tip to their main account until it has gotten to the minimum amount they can withdraw such events leads to casinos asking for documentation of their users.

[Maslate]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

Simple answer Anti Money Laundering(AML) policy is what makes casino requires user to verify identity. All user that suspected to commit violation automatically subjected to AML policy.

Not only when user is suspected cheating, they can also require KYC if your account balance reach the amount which AML policy set to require an account KYC that’s why casino always states on their ToS that they have the right to ask KYC anytime.

I think it's not only casino but other industry as well that deals with money does have KYC. AFAIK, in our country, KYC is mandatory on banks and pawnshop but it could be different with casino since they can attract more gamblers if they will not ask for KYC, but due to the government regulation they are oblige to comply on that, otherwise they'll be penalize and worst their license will be revoke.

When crypto casinos were introduced in the early stage, they don't talk about KYC, in fact they are very aggressive in marketing their anonymous gambling but as we all know, when bitcoin gets popular the government slowly controlling us, that's why exchanges gets regulated and now the casinos. When an account is suspected of cheating, it's normal they'll ask for KYC so if they found out after the investigation that the user did really violate the TOS and that they could file a legal case, they know whom they'll go after with.

[Solosanz]

So why they don't require a user a KYC when they sign up? and why would they wait until they'll suspect a user before they will let them pass the KYC?

Because they would lost many potential gamblers, haven't you see when a new casino post ANN thread in this forum, then there's always a person asking "why you ask KYC upon registration? please remove this requirement or I won't gamble here".

If you're the casino owner, what's your reaction? obviously if you able to remove it, you will remove it.

Casino is a profit oriented business, what they do is to make sure people gamble in their casino and loss the money as much as possible.

[AbuBhakar]

When crypto casinos were introduced in the early stage, they don't talk about KYC, in fact they are very aggressive in marketing their anonymous gambling but as we all know, when bitcoin gets popular the government slowly controlling us, that's why exchanges gets regulated and now the casinos. When an account is suspected of cheating, it's normal they'll ask for KYC so if they found out after the investigation that the user did really violate the TOS and that they could file a legal case, they know whom they'll go after with.

It’s because cryptocurrency is not considered as money or not regulated that’s why KYC is not required. You can consider cryptocurrency as play money or token with no value before that’s why government is not interested to regulate it.

Now that crypto market has thrillion dollar marketcap. Government will surely regulate crypto due to the money involved which money launderers now use online.

[Awaklara]

In addition to what Oshosondy has said, when casinos requests for KYC, they do it as a standard procedure in compliance in Anti- money laundering regulations. Secondly they want to check that the player is in compliance that is , the player is not visiting their website from prohibited countries.

what is a suspicion or bad thought from gamblers is the momentum of KYC requests which often coincides with the process of withdrawing winnings of a certain amount.
I actually don't have a problem with casinos asking for KYC, but maybe every casino can ask for KYC when users start registering an account. and it is mandatory.

When it comes to money laundering, perhaps casino compliance can detect an account when there are large deposits and the account makes suspiciously small bets. After playing, withdraw all funds.
For a long time, casinos have been accused of money laundering.

[MAAManda]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

There are many things that can benefit casinos if they implement KYC, the most basic of which is to prevent their users from cheating on promos & bonuses which are likely to be exploited. In addition, just like CEX, casinos also do not want to be involved in illegal activities such as money laundering, therefore they implement KYC as a form of their AML.

I only know that, and I'm sure there are many more that have not been revealed, I hope I can also get a lot of input from discussions on this topic.

[Ojima-ojo]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

I will try to be as brief as possible and also straight to the point.


When casinos demand for KYC documents for multiple accounts suspension what their aim at is to eliminate one of those accounts by the use of documents verification because it is no way possible for one person to provide verification for two accounts so therefore when such happens the abuser will be forced to abandoned one of such account.


But in the case where those accounts have been used to cheat and abuse the casino bonus system it may lead to further action even if the gambler provide KYC documents.

[Fivestar4everMVP]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

Are you new to gambling?, I am asking because I find it amusing that you have been promoting gambling casinos for a while now, possibly years on this forum, and right now, you are asking about how or why casinos require their users to pass kyc verification, it's kind of odd and makes you appear like a newbie gambler.

Sorry but you seemed to lack comprehension on the topic. It's not a basic KYC as I'm not new to gambling and I'm an educated person. I understand that KYC is necessary to a regulated casino and anytime they could require us a KYC.

My concern was not on that basic thing, it comes with a situation which I have mentioned, and I'll write it for you again "suspected of cheating", see that words? Without that, they might not choose to require you a KYC or they will, it's up to them but the rules of the government or the regulators, KYC is necessary to all users.

So why they don't require a user a KYC when they sign up? and why would they wait until they'll suspect a user before they will let them pass the KYC?
That's the big question now, and I appreciate your response but it does not hit what I'm trying to imply.

OK bud, indeed, I misunderstood, and sorry about that, with your better explanation above, I can say that I better understand what you meant now.
And to once again, attempt answering the question, I would that not all casino actually do not make kyc mandatory at the registration level, some big casino have implemented this measure, Stake for example used to be a supposed kyc free casino, but last year, they turned around to make kyc verification mandatory at registration level for new users, while the Old users are allowed to use the casino normally until when ever they themselves decide to apply for verification or the casino request it from them.

And diving into the answer more properly now, It is true that the government mandate to all regulated online casinos was to request kyc verification from all users, but you and I know that most times, government make policies without considering the end consumers, and service providers like the casinos, know better than the government since they are more closer to the end consumers than the government, government make policies, and the casino are still at the liberty to tweak such policy in a way it will favor their business, that is, in a way they will still find customers to patronize them, considering the level of competition between casinos (both regulated and non regulated), and considering that most gamblers hate kyc.
If a casino still looking for more gamblers is to make kyc verification mandatory at registeration for all new registrants, trust that that casino will lose alot of potential customers, this is why many of them usually allow users to register and play with kyc verification, and only request it when they like, mostly time when theyve possible made good money from the player, and no longer care if the customer leaves or not. 😂

Anyways, from or based on my own understanding, I won't say there is no reason, but then, there is no definite reason aside from the fact that it more like a preventive measures issues by the government and passed down to centralized organizations that deal in money between them and their customers, kyc is a way the casino identify with their users, and also keep track of their financial records on the platform, this helps incase the user commits any financial crime, he or she will be able easy to identify and go after by the government.
This is what I can think of for now.

You dig to far with your wild imagination I like that, but the very simple answer for KYC requirement is to ensure that they are not serving a minor.

Lolz, that's still part of it, but I like the fact you said "the very simple answer, simple answers aren't always the best answers if you will agree with.
And you also will agree that kyc have not stopped minors from gambling, many online casinos are still serving minors without knowing, even when they ask the minor to kyc, he or she still can used the document of his or her older relative or friend to pass the kyc verification.

Anyways, thanks for bringing such an interesting discussion to the forum this beautiful Saturday. 😎

[Eternad]

I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.

I will try to be as brief as possible and also straight to the point.


When casinos demand for KYC documents for multiple accounts suspension what their aim at is to eliminate one of those accounts by the use of documents verification because it is no way possible for one person to provide verification for two accounts so therefore when such happens the abuser will be forced to abandoned one of such account.


But in the case where those accounts have been used to cheat and abuse the casino bonus system it may lead to further action even if the gambler provide KYC documents.

FYI it’s possible and cheaters usually ask their friend, mom, neighbors and other guy online in exchange for money just to undergo this KYC. In some countries especially 3rd world country, they don’t value much privacy that’s why they can easily accept any KYC offer in exchange for money.

Check our services section, there’s some user that offer KYC verification on your casino account in exchange for payment. This is a proof that it’s easy to provide other people KYC on your account if you are willing to pay.