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.

[JahriMeayer]

If you are asking my opinion about what would i do in these situations, then honestly I don't wanna share my sensitive information with anyone like gambling websites or casinos because I've doubt if my documents will be misused or not. But as i know, I'm honest and I don't have millionaires of illegal funds, so its go to share my kyc with legal casinos even at beginning. Winning Large amount is kind of hard untill you deposit big fund to it. With small funds, I can't imagine i would have millions of dollar by winning continuously. But if that happened, then no problem to share my documents and become millionaire lol. If you are honest and your fund have legal, then no need to worry. But if not or if you think that you won't able to give them the required documents, them go for these casinos but wise to choose decentralized one.

[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.