A Max Win is the worst thing that could happen to you.

[EarnOnVictor]

Most casinos nowadays don't let you do the KYC process until they request it, this means you will not get KYCed unless a lot of money or fraud is involved, but it would be nice if users could do the KYC process before deciding if to deposit or not.

Are you for real? Well, I've not met such casinos before that will stop me from completing my KYC when I am ready. They might be flexible about this by not forcing you to do it as quickly as possible, but restricting me from doing it is just out of it. And I advise anyone in that situation to find their foot off that casino pretty fast because they can't be for any good in the long run.

How can a casino stop you from doing what is lawful? That must mean they have some ulterior motives and if you are a good gambler or want to withdraw a huge amount of money, a problem is probably lurking for you in such an establishment. This is not until they wait for fraudulent activities from your end, they can crook one thing or the other, so "half a word is enough for the wise."

If you could do KYC process before making a deposit, would you do it?

It is not a big deal for me to complete the KYC process upon registering with any company and before depositing my money. As a matter of fact, that is what I usually do to save myself from the later issues of any company.

When a user wins a huge amount the real nightmare starts, the users have to complete the worst KYC process he will see in his life, so, should users be afraid of getting a Max Win?

Well, these days, the fear is there due to how casinos and sportsbooks have treated people. This is not particularly true for all though, nevertheless, if it is happening around us, the doubting fair will possibly be attached. Regardless, we should continue to do our thing and when we are lucky to win big, we should provide the needed details and documents asked of us.

In case the casino continues to prove stubborn, try to call them out on the relevant social media and website outlets, and also consider the option of suing them with them paying all the legal charges if you win the case.

Casinos ask for KYC to avoid money laundering, but if the gambler isn't able to give the requested data then the casino keeps the money. If the casino keeps the money isn't that Money laundering?

First, the casino is not the one that is avoiding money laundering but just obeying the law and supposedly operating with the authorities of the land in accordance with the AML Acts. They are two different things, the law only tied them. However, not only casinos are guilty of this, but all companies collecting people's deposits, they are mostly cheating shamelessly in this regard. Enough money would have been stolen using this scheme, notwithstanding, this is not money laundering unless the company later launder the money.

It's mere stealing by trick.

[Betwrong]

~

Yeah you're right it sounds funny, most individuals dream is to win very big from whether they gamble for fun or whatever reason, if people are afraid of getting a max win, should they rather be happy to get max losses, no I don't think so. There's this joy that comes with winning a jackpot because it's rare, especially when the saud individual who wins is a poor or an average one.

You can't be rich enough to not enjoy the max win or Jackpot, it's always a great pleasure for everyone. The problems associated with the win, be it KYC or the obligation of sharing the winnings with someone, are laughable, to be honest. After all, the worst thing that can happen is that you won't get your prize or a part of it, but you won't end up in the worse conditions than before, unless you will harm yourself intentionally.

[nullama]

~snip~
You can't be rich enough to not enjoy the max win or Jackpot, it's always a great pleasure for everyone. The problems associated with the win, be it KYC or the obligation of sharing the winnings with someone, are laughable, to be honest. After all, the worst thing that can happen is that you won't get your prize or a part of it, but you won't end up in the worse conditions than before, unless you will harm yourself intentionally.

Yeah, that's the thing, rich and poor both have the same odds, and they will win and lose with the same probabilities, which means that both will be losing money in the long term in the most common pathway.

Of course you can make money gambling, but it is so rare that it might as well called a null event.

[Betwrong]

~

Yeah, that's the thing, rich and poor both have the same odds, and they will win and lose with the same probabilities, which means that both will be losing money in the long term in the most common pathway.

Of course you can make money gambling, but it is so rare that it might as well called a null event.

It's not that rare, if you think of it. Millions of people win each day, but, of course, they are not winning life-changing amounts, rather, something they can spend on little trinkets or a restaurant visit.

I think it's wrong to keep saying that no one wins in gambling, mainly because it's not true. The truth is that you are likely to lose, so, you shouldn't make plans about making money through gambling. But you can gamble for fun and you can win like many others, that is true also.

[junder]

It's not that rare, if you think of it. Millions of people win each day, but, of course, they are not winning life-changing amounts, rather, something they can spend on little trinkets or a restaurant visit.

I think it's wrong to keep saying that no one wins in gambling, mainly because it's not true. The truth is that you are likely to lose, so, you shouldn't make plans about making money through gambling. But you can gamble for fun and you can win like many others, that is true also.

It's true, maybe every day as the casino or gambling goes on there are losers and winners, although there may be more losers but there are definitely also winners, and those are only small wins. What this means is that it's not a big win, like you said, it's not a win that doesn't change their life for the better as a whole, besides, it feels like it's very rare for players or gamblers to get a big win or Maxxwin. some gamblers who get winnings may only have enough to buy what they want on a small scale like you said with small trinkets or other things.

Even though the chance of winning at gambling is small because what is bigger is the chance of losing, it doesn't mean that no one will win, for example, a casino that is running well always gets lots of customers every day, for example with 100 customers, of that number it is impossible for all of them. If you experience defeat, there will definitely be one or two who will win or even more, it's just that the number of people who can win is smaller than the people who experience defeat. Apart from that, it is not recommended to have a plan to make money in gambling because the winnings or profits are not certain to be obtained.

[seoincorporation]

It's not that rare, if you think of it. Millions of people win each day, but, of course, they are not winning life-changing amounts, rather, something they can spend on little trinkets or a restaurant visit.

I think it's wrong to keep saying that no one wins in gambling, mainly because it's not true. The truth is that you are likely to lose, so, you shouldn't make plans about making money through gambling. But you can gamble for fun and you can win like many others, that is true also.

The problem is the gambler's mind, after a big win most gamblers keep betting, and after losing some percent of the bankroll they bet more trying to recover, and that never has a happy end, while trying to recover they end up losing all. And the ones who walk away with the profit are a minority. And that's why it's important to set goals before starting the gambling session, if the balance goes over X then we should stop and walk away. That's the right way to end with profit.

[Renampun]

...

I mean KYC is pretty basic thing. They need to know who you are legally by gambling and casino regulations based on the geographical laws in which it resides. I guess for a casino they see that you can't pass the KYC requirement to claim the winnings therefore the transaction is void and the house wins. IF someone was to argue that in a court of law and they can't even answer some simple KYC questions I think they have some other problems that they make for them selves there. The casino knows this and thats why they get away with it.

Therefore, before you decide to make a deposit on a gambling site, you must first read the TOS carefully so that you don't get trapped or feel trapped in the future when you want to make a withdrawal. If you really don't like or agree with KYC, then just leave the online casino and go to another casino that doesn't require a KYC system, but if you compare it with gambling sites that require KCY, the number of gambling sites that don't require KYC is very small and also Licenses are sometimes unclear.

[nullama]

~snip~
Therefore, before you decide to make a deposit on a gambling site, you must first read the TOS carefully so that you don't get trapped or feel trapped in the future when you want to make a withdrawal. If you really don't like or agree with KYC, then just leave the online casino and go to another casino that doesn't require a KYC system, but if you compare it with gambling sites that require KCY, the number of gambling sites that don't require KYC is very small and also Licenses are sometimes unclear.

Yeah, I think the most basic thing a gambler should do is simply test the system to see if they can deposit and withdraw money, maybe with a small amount, to test that the entire pipeline is working, and to see how withdrawal works.

Once that's tested, then you can start playing. Because at the end of the day you don't want to be in a situation where you win a lot of money and you are not able to claim your money.

That would be the worst possible outcome ever.

[moneytree games]

~snip~
Therefore, before you decide to make a deposit on a gambling site, you must first read the TOS carefully so that you don't get trapped or feel trapped in the future when you want to make a withdrawal. If you really don't like or agree with KYC, then just leave the online casino and go to another casino that doesn't require a KYC system, but if you compare it with gambling sites that require KCY, the number of gambling sites that don't require KYC is very small and also Licenses are sometimes unclear.

Yeah, I think the most basic thing a gambler should do is simply test the system to see if they can deposit and withdraw money, maybe with a small amount, to test that the entire pipeline is working, and to see how withdrawal works.

Once that's tested, then you can start playing. Because at the end of the day you don't want to be in a situation where you win a lot of money and you are not able to claim your money.

That would be the worst possible outcome ever.

[seoincorporation]

...

Therefore, before you decide to make a deposit on a gambling site, you must first read the TOS carefully so that you don't get trapped or feel trapped in the future when you want to make a withdrawal. If you really don't like or agree with KYC, then just leave the online casino and go to another casino that doesn't require a KYC system, but if you compare it with gambling sites that require KCY, the number of gambling sites that don't require KYC is very small and also Licenses are sometimes unclear.

What % of the gamblers do really read the ToS? i would say less than 5%, and even if we are not agree with them there are not many options. Moving to a casino that doesn't have KYC is hard because for that we must play with tokens or shit coins. And a good example of this is Just-dice, if we want to gamble there with clams we have to buy them at 386 sat and to sell them at 335 sat, we already lose more than 10% in that gap, and if we win a big amount (something like 10k clams) we end selling them at 321 sat.

So, casinos without KYC still exist but are complex if they operate with shitcoins.

[Julien_Olynpic]

If the casino did not have the need to force users to go through the KYC, then they probably would not do this. Anti-money laundering is what the government does and it forces casinos and bookmakers to go through this procedure. Many people do not like KYC, believing that it violates their privacy. And people can basically be understood. As I wrote earlier, over time the KYC procedure will become less mandatory and services that will pay out winnings without the KYC procedure will gradually become widespread. However, now we must do everything possible to minimize the number of problems in the future.

[Jody.Drummer]

...

I mean KYC is pretty basic thing. They need to know who you are legally by gambling and casino regulations based on the geographical laws in which it resides. I guess for a casino they see that you can't pass the KYC requirement to claim the winnings therefore the transaction is void and the house wins. IF someone was to argue that in a court of law and they can't even answer some simple KYC questions I think they have some other problems that they make for them selves there. The casino knows this and thats why they get away with it.

Therefore, before you decide to make a deposit on a gambling site, you must first read the TOS carefully so that you don't get trapped or feel trapped in the future when you want to make a withdrawal. If you really don't like or agree with KYC, then just leave the online casino and go to another casino that doesn't require a KYC system, but if you compare it with gambling sites that require KCY, the number of gambling sites that don't require KYC is very small and also Licenses are sometimes unclear.

On the other hand, I think it is clear that a trusted gambling site is a casino that applies KYC as well as one that has a good reputation in the sense that many gamblers leave positive reviews at the casino. And in some cases, especially from my experience, usually casinos that experience more problems in terms of withdrawals or deposits are the types of casinos that do not provide a KYC system on the initial landing page.

And actually for this problem it is up to you and depends on your belief or trust but your decision is also recommended to be based on really good reasons, because choosing a casino site that has a good reputation will always be recommended because it's all for your safety too while there. And another thing in my opinion, of course, as long as you gamble wisely and do not commit any violations in casinos that, for example, have a good reputation in reviews, it is unlikely for you to experience problems, especially in terms of the withdrawal or deposit process, because of course the casino will always make its gamblers comfortable so that they can keep coming back to gamble.

[Yatsan]

If you could do KYC process before making a deposit, would you do it?

For me as a customer, yes. It's fine as long as I am aware and confident that the data is safe for the casino itself.
Another thing is I think why some casinos don't do it at the beginning is because of User Experience or Customer Onboarding, the more easy at beginning , the more user they will get will us the platform. That's why most of casinos I experience is KYC is not at beginning.

If it is at the beginning and you're not into it then it is obvious to just move to other platforms.  This is why there are many gambling platforms to choose from, to know your own likings. If you're uncomfortable then there's no need to continue on that site. If you happened to be asked with KYC when you try to withdraw then there's no ither choice but to comply; they won't adjust on you because it is them who set the rules. After that, then you're free to move to other gambling sites. If it will not be giving your fund and you happen to be not compliant, then forget it and move on.  Personally, I don't have problems with KYC even if it takes time doing so. What I'm aware of is thag I am just using their site and with that, the only thing I should do is to comply with their requests as long as it would be a realistic one. It just happened that KYC is a common thing in both web 2 and web 3 providers, yes even on web 3.

[dezoel]

If the casino did not have the need to force users to go through the KYC, then they probably would not do this. Anti-money laundering is what the government does and it forces casinos and bookmakers to go through this procedure. Many people do not like KYC, believing that it violates their privacy. And people can basically be understood. As I wrote earlier, over time the KYC procedure will become less mandatory and services that will pay out winnings without the KYC procedure will gradually become widespread. However, now we must do everything possible to minimize the number of problems in the future.

What makes you think that way? I think the opposite is going to happen. The way authorities are inspecting services and platforms and hunting them down if they are going against the laws, more and more services and platforms will become under their radar and they will either be forced to enforce KYC and other rules or close shop and the platforms will have no choice but to impose KYC to their customers.

Some time back, I read somewhere the SEC is looking to look into decentralized platforms such as exchanges and casinos and they will surely force them to either get regulated and start asking for KYC from their customers or stop providing their services because they can't allow decentralized services as it goes again their laws and privacies.

[OgNasty]

Do casinos really not let you go through the Know Your Customer process until after you’ve made a deposit? That’s seems strange to me and is something you’re reasonable to complain about. I guess I understand the other side of it too. They don’t want to waste time checking documents of people that will never make a deposit.

[Strongkored]

If the casino did not have the need to force users to go through the KYC, then they probably would not do this. Anti-money laundering is what the government does and it forces casinos and bookmakers to go through this procedure. Many people do not like KYC, believing that it violates their privacy.

I do believe this, that casinos only carry out what they are supposed to do based on the applicable law where their gambling company is registered, but when the KYC obligation comes to us, we often find it difficult to believe, especially when the KYC obligation comes when making a withdrawal, sometimes I feel requiring initial registration would be better, but it seems like casinos won't do that because it will obviously discourage players from using their services but I agree that KYC is a difficult thing for us to reject.

And people can basically be understood. As I wrote earlier, over time the KYC procedure will become less mandatory and services that will pay out winnings without the KYC procedure will gradually become widespread. However, now we must do everything possible to minimize the number of problems in the future.

But will this rule about KYC be reduced? To be honest, I doubt it because basically casinos have to comply with government regulations and we know that the government will always try to control its citizens so that KYC will be difficult to no longer exist in this online world, In fact, the shape may be more difficult, but that's just my guess.

[EluguHcman]

Another question is that... Is it all the casinos that does do KYCs? Whether YES or NO, gamblers are expected to abide to the casino rules because it is a firm with its policies that no one is expected to ignore and your tendencies of trying to skip off the process would be suspicious of you hiding your identity for an unproval activities such as cheat or sorts of crimes.

So if you could win a huge amount before updating your KYC as been earlier on demanded, then you will need to pass through hell processes to clear yourself out due to your time wasted.

[Kelward]

If you could do KYC process before making a deposit, would you do it?

For me as a customer, yes. It's fine as long as I am aware and confident that the data is safe for the casino itself.
Another thing is I think why some casinos don't do it at the beginning is because of User Experience or Customer Onboarding, the more easy at beginning , the more user they will get will us the platform. That's why most of casinos I experience is KYC is not at beginning.

I wouldn't mind submitting my KYC in the beginning before making deposits, as far as I know that the casino is reputable. I also think that the reason why some casinos don't ask for KYC in the beginning is to encourage more gamblers to gamble in their casinos, the easier the process to get in the more customers they'll get because it's not every gambler that can be willing to submit KYC unless it becomes necessary to collect their wins. I believe that the reason why casinos even requires KYC is because of government, I don't think that they'll bother about KYC.

[Hirose UK]

Another question is that... Is it all the casinos that does do KYCs? Whether YES or NO, gamblers are expected to abide to the casino rules because it is a firm with its policies that no one is expected to ignore and your tendencies of trying to skip off the process would be suspicious of you hiding your identity for an unproval activities such as cheat or sorts of crimes.

So if you could win a huge amount before updating your KYC as been earlier on demanded, then you will need to pass through hell processes to clear yourself out due to your time wasted.

Not all casinos implement KYC but in fact many casinos state that they are non-KYC but they still ask for KYC when in certain conditions such as customers getting big wins and they have to complete KYC for the withdrawal process.
Things like this cannot be denied and in fact they always happen, especially in casinos that are not really big or well developed, for those that are already popular and have good reputation, everything is clearly stated in tos.

But I think if we have completed it from the start then even if we get big win there will still never be another KYC request, we have to be wise in taking stance regarding this kind of thing.
Moreover, if the casino is trusted with good reputation then we don't need to worry about carrying out KYC because they will definitely protect any information we provide regarding personal identity.
Everything will depend on us, if we don't want to have problems at another time or in the future then we must be able to make several preventative efforts from the start.

[nullama]

Do casinos really not let you go through the Know Your Customer process until after you’ve made a deposit? That’s seems strange to me and is something you’re reasonable to complain about. I guess I understand the other side of it too. They don’t want to waste time checking documents of people that will never make a deposit.

Yeah, it's not a free check for the casinos so they probably only pay for potential real customers.

I'm sure there must be an order of magnitude of accounts that are registered but never actually get any deposits in.

It's easy to create a free account, but putting money in is what makes the difference. No point in wasting money from the casino's point of view.