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

[Blitzboy]

KYC in casinos ensures fairness, security, and rule compliance. Always say knowledge is power, and this is no exception. Do your homework. Verify your account before depositing a chip. Just simple sense. It shields you and the casino.

Expect increased scrutiny when you win the jackpot. Thats normal. They must verify everything. Delays are annoying, but a great win is worth it. Winning large feels better when done well. What about casinos retaining your money if you cant KYC? Thats hard. Nobody wants their money lost. We must follow the rules. Though ugly, it cleans. Choose your casinos wisely. Choose those with good reputations and fair treatment of players. Long-term, it pays off.

[dansus021]

Most casinos nowadays don't let you do the KYC process until they request, and i would agree with this statement. Most of tge Casino today let you signup freely without kyc and just simplt deposit and play at the begginig but this are going to end if you have ton of withdraw it is simpy the casino trying to obligate with the government or they dont really want you win the game

: A Max Win is the worst thing that could happen to you the answr can be both yes and no

[panjul07]

KYC in casinos ensures fairness, security, and rule compliance. Always say knowledge is power, and this is no exception. Do your homework. Verify your account before depositing a chip. Just simple sense. It shields you and the casino.

KYC ensures fairness? How can KYC be something related to fairness, would you mind to explain more?
For security, yes it can be part of security of our account as it can be used as one of the way to prove ownership of the account.
Myself, I will only do KYC when the casino ask it, doing it before deposit while the casino is not asking it is useless IMO.

[salad daging]

Most casinos nowadays don't let you do the KYC process until they request, and i would agree with this statement. Most of tge Casino today let you signup freely without kyc and just simplt deposit and play at the begginig but this are going to end if you have ton of withdraw it is simpy the casino trying to obligate with the government or they dont really want you win the game

: A Max Win is the worst thing that could happen to you the answr can be both yes and no

Usually this is a small player so the casino will not monitor your account if the activity is small, but when the betting activity becomes large, especially with the maximum winnings obtained, it will be tighter and the KYC application process will occur immediately when making withdrawals, we often see some people complaining that they are asked for documents due to large winnings.
If a big win can change your fate why is it bad? I would do the KYC process because it's big money if it's pure winnings and the casino doesn't consider this as cheating, if this is the case then the investigation will take longer than usual.

[nullama]

Well, if you simply think about the win/loss situation, a max win is of course the best thing that could happen to you.

The thing that this topic is about is regarding mental stuff.

So, we need to put rationality aside, and mostly discuss mental health regarding this.

And even then, I think a max win is still the best scenario because for someone that is prepared mentally, you would know that it is the time to stop.

[satscraper]

Hm, I would rather prefer to win $1 000 000 and proceed with KYC than get $1 and be out faceless, though it is a total breeze for  land casinos to find who I am as they have so many  room surveillance cameras that they can recognize even a single fly not to mention a man.

[retreat]

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

I will do it as soon as possible, because you know the casino can refuse to pay its obligations when I win big on the grounds that I have not completed the KYC process / the KYC process I submitted was rejected for some reason they made up. I don't want something bad like that to happen to me just because of my carelessness in not paying attention to things like that. And because of this I play at casinos that enforce KYC regulations before deposit, at least the KYC thing has been completed before I deposit on the platform.

[nullama]

~snip~
I will do it as soon as possible, because you know the casino can refuse to pay its obligations when I win big on the grounds that I have not completed the KYC process / the KYC process I submitted was rejected for some reason they made up. I don't want something bad like that to happen to me just because of my carelessness in not paying attention to things like that. And because of this I play at casinos that enforce KYC regulations before deposit, at least the KYC thing has been completed before I deposit on the platform.

I think there is a bit of a tradeoff there.

So, if the website is well known, and I can clearly see that everything is fine and people use it and they're happy, then yes, I would do KYC as soon as possible.

But, on the other hand, I don't want to do KYC in a shitty website that ends up selling my information, or I actually don't end up using it.

[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 or whenever they ask for that. Winning Large amount is kind of hard untill you deposit or stake big fund on 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, then you have to be careful from beginning & should find out these casinos where you have less chance to fall in trouble, wise to choose decentralized one.

[MainIbem]

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 or whenever they ask for that. Winning Large amount is kind of hard untill you deposit or stake big fund on 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, then you have to be careful from beginning and you should go to these casinos where you have less chance to fall in trouble, wise to choose decentralized one.

I understand your point infact it makes lots of sense to have trust issues with a particular casino over sharing sensitive informations cause there are scam casinos out there too. Also, I won't advice any member of this forum to priotise casinos that are not recognised by this forum. I don't see anything bad with the KYC process, infact it's a good way to kick against money laundering and fraudulent activities using those casinos but then it would be nice for a casino to be more transparent about their kyc policy and request for it upon registration instead of demanding for a kyc upon winning huge money which is mostly stressful and makes customers give up on the process, i think that's also money laundering and some casinos makes the process very stressful so customers would give up on their money which is quite unfair.well not only choosing decentralised ones but using casinos highly recommended by the forum is important.

[l3pox]

Most of the big websites nowadays allow you to KYC before depositing
If you plan to use a website that has kyc and deposit big the best option is to kyc before winning big, that is for sure
Because otherwise you may win big and end up not being able to withdraw

[Fivestar4everMVP]

Hm, I would rather prefer to win $1 000 000 and proceed with KYC than get $1 and be out faceless, though it is a total breeze for  land casinos to find who I am as they have so many  room surveillance cameras that they can recognize even a single fly not to mention a man.

I bet there is absolutely no better kyc verification than the one that you get to show yourself or be present live at the scene, which in this case, the casino itself, physical or land based casinos where gamblers walk in to gamble physically need to other form of verifying customers other than the presence of that customer, and this is because, every thing else which includes documents can be faked, but physical presence can not be fake, I know a few persons in my area who have no government issued ID with which they can pass online verification on platforms like gambling casino, what they do is use that which belong other people, when if the platform asks for live verification, they pay the owner of the document a small amount of money do carry that out for them.

This is why sometimes, I am of the opinion that online verification is kind of overrated, I also will gladly choose a million dollars over my identity document; which possibly is already somewhere on the internet even without my knowledge.

[Maslate]

Most of the big websites nowadays allow you to KYC before depositing
If you plan to use a website that has kyc and deposit big the best option is to kyc before winning big, that is for sure
Because otherwise you may win big and end up not being able to withdraw

I'm just curious, for the popular casinos here like the one in your signature, I know they don't strictly require KYC before you can gamble with them. Do they have complaints from gamblers that their winnings were not withdrawn because their account was not KYC compliant yet? I ask this because there are gamblers who fear this possibility, and to prevent it from happening, they'll request the casinos to accept their KYC in advance.

[Mr. Magkaisa]

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.

Well, this time i have 3 questions for the community, i want to see what people think about how gambling works nowadays.

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

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?

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?

        -      In my personal experience, I don't see anything illegal or wrong in that; I did it even though I have never experienced a big win in the casino, to be honest. And I did that just in case the time came for me to win the jackpot.

Sometimes I also win big amounts, between $100 and $150. But this only happens to me once in a while, as it's really just luck.

[Su-asa]

Most of the big websites nowadays allow you to KYC before depositing
If you plan to use a website that has kyc and deposit big the best option is to kyc before winning big, that is for sure
Because otherwise you may win big and end up not being able to withdraw

The best thing is to do the KYC before making any deposits so that when you win big money you can withdraw your money safely without any long process. In some casinos before they approves your KYC it takes about 24 hours for the KYC process to be verified when you have don't it. While doing your KYC when you have won big and waiting for it to be approved you might still gamble with the money.

[swogerino]

Most of the big websites nowadays allow you to KYC before depositing
If you plan to use a website that has kyc and deposit big the best option is to kyc before winning big, that is for sure
Because otherwise you may win big and end up not being able to withdraw

You don't lose a lot in doing KYC when playing in an online casino.I am talking about the real big reputable casinos and not some random one who has just popped up in here,for those it is another discussion.I have done KYC in the big ones and any amount I have won including a near 5600 dollar win which is my biggest to date although since then I have been losing like crazy,it passed instantly in my wallet thanks to me being fully KYC qualified not just the basic KYC but all levels of KYC which entitles you to this instant withdrawal but not only this,you get a lot of other benefits like higher weekly and monthly bonuses plus the chance to take part in more promotions run by the casino so overall it is a win situation when you do the KYC at these reputable casinos.

[mirakal]

Is it really hard for you, OP? If that is the case, I don't think you will continue gambling because someday, it will become compulsory before a particular transaction proceeds. 

Honestly, it is the government urging them to do so because of the increasing fraud and ML incidents, helping them to regulate the situation. They are just following orders, which is also necessary for the continuation of their operations. They are into business, which we have to understand, and they are doing this for valid reasons.

Maybe we should do whatever they ask for, as long as they are doing it right and know how to keep our privacy.
 

[dunfida]

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.

Well, this time i have 3 questions for the community, i want to see what people think about how gambling works nowadays.

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

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?

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?

1. KYC is highly frowned upon into this market on which simply means that people would really be avoiding as much as possible into  those platforms on which we know that there are
really that still casinos that arent asking KYC on the time that you do make out a deposit. So it would really be that understandable on where people or crypto people will
really be that preferring into.

2. Getting max win? Able to win up a significant amount? It wont really be an issue for people to comply any KYC as long you are really that dealing with a legit site then
you would really be able to assure at least that you would be able to get those money once you would really be able to comply on whats being asked. This is why its important
that you should really be that dealing up with sites which are considered legit and reputable.

3. Well, it would really be normal and its included on the terms and conditions. If ever one of those things been violated by a certain user then the site or company
would really be having the rights on confiscating or would be able to void those amounts that had been deposited specially if it is really that been accused by some money
laundering possibility.

[Hirose UK]

~snip~
I will do it as soon as possible, because you know the casino can refuse to pay its obligations when I win big on the grounds that I have not completed the KYC process / the KYC process I submitted was rejected for some reason they made up. I don't want something bad like that to happen to me just because of my carelessness in not paying attention to things like that. And because of this I play at casinos that enforce KYC regulations before deposit, at least the KYC thing has been completed before I deposit on the platform.

I think there is a bit of a tradeoff there.

So, if the website is well known, and I can clearly see that everything is fine and people use it and they're happy, then yes, I would do KYC as soon as possible.

But, on the other hand, I don't want to do KYC in a shitty website that ends up selling my information, or I actually don't end up using it.

Yes, it is possible, there is an element of tradeoff made by certain gambling sites with the aim of taking some advantage by calculating income and expenses when customers win.

We must do this, if the gambling site is truly trusted and has very good reputation, then of course we can confidently complete all the things needed including verification or completion of KYC.
Moreover, all of this is in our own interests as gamblers and customers of gambling sites in order to get comfort and security to minimize problems in the future.
It just that we still have to be careful in choosing gambling site because there are many gambling sites that have emerged and in the end they are scams, it is better to use gambling site that has been operating for long time and has been tested for its reputation.

[Lanatsa]

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.

Well, this time i have 3 questions for the community, i want to see what people think about how gambling works nowadays.

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

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?

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?

1. Simply NO
2. As long we do talk about Max win, then KYC wont really be an issue
3. For sure there would be some exemptions but i do highly doubt that those funds would really be given back into authorities?

We do know on crypto space that KYC is really that highly frowned upon on which this is something that wont really be that not liking. Just like on everyone is saying
that we are dealing up on the world on which changes would really be that dynamic. How good to remember into those times or moments that casinos are really that KYC free.
There's no chance for you to bother up yourself on getting asked for some information on which this is really that opposite on what we are seeing now.
Although there would really be still those platforms that doesnt ask out some KYC despite of maximum winning.

There would really be still those places on which they arent asking any form of KYC as long they do able to hit up those Jackpots or those huge amounts
in a fair way. This is how business works on which they would really be that getting in line with rules and regulations that had been set. So it would really be that understandable
that they would really be needing up to comply if they wont really be liking into those possible sanctions.