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

[Akbarkoe]

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?

Conducting the KYC process before making a deposit is not bad. However, by completing KYC at the beginning, we may avoid potential future problems, especially if we win big. The verification process is often complicated. Many people get worried when winning large amounts because the KYC process can be really challenging and time consuming. Well, that of course can make experiences that should be fun a little tense.

Speaking of KYC policy, yes, casinos do so to prevent money laundering. But if the user is not able to fulfill the requirements and his money is detained by the casino, this may be another side of beneficial action. Isn't this actually in the end it creates problems they are willing to avoid? Naturally, this gives rise to issues of justice and transparency in the gambling industry, and why it’s wiser for players to get to know all the requirements before deciding on playing.

[Richbased]

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.

Doing KYC verification in casino sites is not actually a sign of fairness as it is just a way of knowing if you are the real owner of the account but it defeats privacy because most of your personal information are included during verification.

I think that even if a casino site doesn't ask for KYC verification upon opening of account, it is good to do it from the beginning so that there wouldn't be a kind of controversy when you want to request withdrawal of huge winnings because what casino company does is to act like the KYC verification is not yet necessary but as soon as you win a huge amount of money you see them trying to frustrate you during the verification processes so it's not bad doing KYC so far as the features of it is there.

[Crypto Library]

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

I haven't played yet on those casinos who ask for KYC verification before the depositing. I normally avoid those kinds of casino who ask kyc verification before the deposit and when for withdrawal.

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?

It varies person to person like if you do care about privacy and the casino ask you to do KYC verification to withdraw jackpot fund you may in awkward situation. But others I think if it is in case of jackpot and platform is good then I think that will no be a problem.

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 case of money laundering if the casino is legitmet and fridge the amount I think it will not be money laundering because after all the fund can be go it the right authority.

[usekevin]

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.
 

The gambler who loss the money in the past game of the gambling site will try to recover their loss in the gambling site.This was the strategy used by the gambling site,it will make the gamblers to the loss the money in the initial stage.So the gambler had no other option to play again to get back the gambling loss in the gambling sites alone.

If the gambler uses the physical gambling site,they can use the owner for the retrieve of the loss.But online gamblers uses the new game for the recovery of the game loss.But if the gamblers play random betting in the upcoming games will leads to further loss in the future games of gambling site.

[Huppercase]

Doing KYC verification in casino sites is not actually a sign of fairness as it is just a way of knowing if you are the real owner of the account but it defeats privacy because most of your personal information are included during verification.

I think that even if a casino site doesn't ask for KYC verification upon opening of account, it is good to do it from the beginning so that there wouldn't be a kind of controversy when you want to request withdrawal of huge winnings because what casino company does is to act like the KYC verification is not yet necessary but as soon as you win a huge amount of money you see them trying to frustrate you during the verification processes so it's not bad doing KYC so far as the features of it is there.

If you are gambler that loves privacy and really want to protect it, then you must learn to use a casino that will allow you and not the ones that will later asked toy for a utility bill and where you live. You will most likely give every details of everything about you. However, the problem of kycless Casino is that you may never get to play some of your favorite games. Most of their things are limited and you don't get to play some games that you may like for that time.

Doing a kyc after winning bets in a casino is a big set up to lose money because most often, your verification will be rejected preventing you from having access to your balance. Most casino do this a lots but the best you can do is to do it first before you even make a deposit into the casino if you know KYC is not your problem and doesn't violate your privacy.

[wheelz1200]

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?

If you are afraid of a max win type payout because of kyc why would you ever play that game lol.  Is the goal to break even?  There are plenty of games ypu can play to control your winnings.  Just don't play jackpot games easy enough right?  Or am I missing something here.  Kyc shoukd not be an issue if you play knowing you will have to give it up from the get go.  If it's just the process than so be it, that's the goal to win the big one.

[SamReomo]

Doing KYC verification in casino sites is not actually a sign of fairness as it is just a way of knowing if you are the real owner of the account but it defeats privacy because most of your personal information are included during verification.

Well, it depends on someone's understanding because I've seen a few people who won't mind sending their personal information to casinos in order to compete their KYC verification while there are people who try their best to avoid casinos that ask for KYC details. I believe the ones who consider privacy most important should go for the casinos that don't ask for KYC details but the ones who don't mind sharing their KYC details can enjoy at the casinos that may ask for KYC verification when needed.

[Yaunfitda]

Doing KYC verification in casino sites is not actually a sign of fairness as it is just a way of knowing if you are the real owner of the account but it defeats privacy because most of your personal information are included during verification.

Well, it depends on someone's understanding because I've seen a few people who won't mind sending their personal information to casinos in order to compete their KYC verification while there are people who try their best to avoid casinos that ask for KYC details. I believe the ones who consider privacy most important should go for the casinos that don't ask for KYC details but the ones who don't mind sharing their KYC details can enjoy at the casinos that may ask for KYC verification when needed.

And I think as a online platform user, we all know by now that most reputable casinos are going to ask for our KYC. Even those who are not asking by now, there could be times that there are no coming back and all of them are going to be mandated by the regulators. So it's going to be very hard to some gamblers because they don't want to pass their info. And I'm thinking, gamblers might not go and play anymore, or at least those hardcore who still lives in the morals of doesn't want to pass KYC and crypto be anonymous by any means. Anyways, still up to us to think about it, or exhaust any means necessary.

[taufik123]

Well, it depends on someone's understanding because I've seen a few people who won't mind sending their personal information to casinos in order to compete their KYC verification while there are people who try their best to avoid casinos that ask for KYC details. I believe the ones who consider privacy most important should go for the casinos that don't ask for KYC details but the ones who don't mind sharing their KYC details can enjoy at the casinos that may ask for KYC verification when needed.

KYC is an important privacy to maintain and not to be disseminated.
Many users on this forum are concerned about privacy and Online Casinos such as ROLLBIT, ROOBET or other casinos that are recommended enough will not apply KYC at the beginning of registration, with the aim of attracting many people to log in to the gambling platform easily.

KYC is actually optional and depends on the applicable ToS, usually it will only be asked for KYC if there is a large amount of withdrawal and if you want to enjoy the premium features provided.

Casinos that do not implement KYC in some cases that are quite risky such as large withdrawals and some other features can be indicated as fraudulent casinos and at any time can lose or freeze users unilaterally and much money laundering practices can occur.

[junder]

Conducting the KYC process before making a deposit is not bad. However, by completing KYC at the beginning, we may avoid potential future problems, especially if we win big. The verification process is often complicated. Many people get worried when winning large amounts because the KYC process can be really challenging and time consuming. Well, that of course can make experiences that should be fun a little tense.

Speaking of KYC policy, yes, casinos do so to prevent money laundering. But if the user is not able to fulfill the requirements and his money is detained by the casino, this may be another side of beneficial action. Isn't this actually in the end it creates problems they are willing to avoid? Naturally, this gives rise to issues of justice and transparency in the gambling industry, and why it’s wiser for players to get to know all the requirements before deciding on playing.

I agree with that, indeed we should do the KYC process first before making a deposit and bet because by doing this process it can prevent problems from occurring and it seems that it will make us more comfortable and feel safe making bets even though there is no guarantee. Moreover, doing the KYC process in my opinion does not take long so everyone does not hurt to take a little time to do this process which I think is quite important in gambling.
The withdrawal problem that usually occurs with winnings that have been submitted for withdrawal but are not approved by the casino can indeed be caused by the gambler himself who did not do the KYC process at the beginning, but it may also be because of other things such as the casino itself not wanting to pay the winnings that have been obtained by the gambler. but on the other hand, filling out the KYC process must still be done to prevent money laundering, and this is one of the things that gamblers must pay attention to and is a fairly wise and careful behavior.

[Hamphser]

Conducting the KYC process before making a deposit is not bad. However, by completing KYC at the beginning, we may avoid potential future problems, especially if we win big. The verification process is often complicated. Many people get worried when winning large amounts because the KYC process can be really challenging and time consuming. Well, that of course can make experiences that should be fun a little tense.

Speaking of KYC policy, yes, casinos do so to prevent money laundering. But if the user is not able to fulfill the requirements and his money is detained by the casino, this may be another side of beneficial action. Isn't this actually in the end it creates problems they are willing to avoid? Naturally, this gives rise to issues of justice and transparency in the gambling industry, and why it’s wiser for players to get to know all the requirements before deciding on playing.

I agree with that, indeed we should do the KYC process first before making a deposit and bet because by doing this process it can prevent problems from occurring and it seems that it will make us more comfortable and feel safe making bets even though there is no guarantee. Moreover, doing the KYC process in my opinion does not take long so everyone does not hurt to take a little time to do this process which I think is quite important in gambling.
The withdrawal problem that usually occurs with winnings that have been submitted for withdrawal but are not approved by the casino can indeed be caused by the gambler himself who did not do the KYC process at the beginning, but it may also be because of other things such as the casino itself not wanting to pay the winnings that have been obtained by the gambler. but on the other hand, filling out the KYC process must still be done to prevent money laundering, and this is one of the things that gamblers must pay attention to and is a fairly wise and careful behavior.

Im pretty much sure that not all would really be that confident on doing so on making up some KYC for them to avoid potential problems that they could have in the future specially about winning up some huge amounts. The question is, how you would be able to hit up such amount? This is why you would really be that skeptical on providing or giving out any personal details. If we do speak about making up some verification on the time you do win up big then pretty sure that this one wont really be that an issue for most people. They will definitely be complying everything or anything as long they could be able to
get their winnings on which we know that this is what we do really like the most and doesnt matter on what they would be asking as long it would be on the right process or simply ethical.

[lizarder]

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?

Do gamblers care about the KYC process required and I am sure only a few people might think about it. The rest they never care even if they have to complete the KYC process to withdraw their funds after winning big in gambling.

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?

We should have understood the rules they apply from the start and if they do not intend to complete the KYC process they should look for another casino. But I am sure that almost many people will never care about KYC issues and they will do it if necessary. Especially if they win big and KYC is definitely not something bad for them to do.

What is the difference with us doing KYC on exchanges when involved in trading or investing, even though doing KYC is bad because it talks about identity. But I think it all comes back to each individual whether they want to do it or not according to their luck.

[Hirose UK]

Doing KYC verification in casino sites is not actually a sign of fairness as it is just a way of knowing if you are the real owner of the account but it defeats privacy because most of your personal information are included during verification.

Well, it depends on someone's understanding because I've seen a few people who won't mind sending their personal information to casinos in order to compete their KYC verification while there are people who try their best to avoid casinos that ask for KYC details. I believe the ones who consider privacy most important should go for the casinos that don't ask for KYC details but the ones who don't mind sharing their KYC details can enjoy at the casinos that may ask for KYC verification when needed.

In my personal opinion, KYC verification will never be problem, especially in privacy relation to the  because basically the team from the gambling site will know about our identity data, if they are large and trusted gambling site, they certainly have good reputation and the chance of data leakage is also very small.
When talking about privacy, there is actually no need to worry too much because it is not only us who complete the KYC verification but everyone who is customer of the gambling site used, so the reason for privacy for me is not something that needs to be thought about too much.
Moreover, completing the verification early can also be very helpful, if the casino writes the KYC provisions if needed and we get big win, we will definitely be asked to complete KYC in the withdrawal that will be made, and if KYC has been completed from the start then we don't need to complete it anymore.
But I admit that every gambler has their own opinion regarding KYC verification and they will be able to determine for themselves which casino is best for them to use.

[TheUltraElite]

Casinos that do not implement KYC in some cases that are quite risky such as large withdrawals and some other features can be indicated as fraudulent casinos and at any time can lose or freeze users unilaterally and much money laundering practices can occur.

That problem can happen with any casino but if you KYC is filled in, you might not face problems, but it is not the other way round.

Any casino can end up in a FBI investigation and have to shut down, it is one of the gambler's worst nightmares. Bad people always try to exploit systems for their own gains and these things are there to prevent them.

A max win, though rarely happening - because people play too often to lost it again, will be screened before they clear it for withdrawal. But I have seen >25BTC getting withdrawn on sites like PD, Stake and all.

[taufik123]

-snip-
Any casino can end up in a FBI investigation and have to shut down, it is one of the gambler's worst nightmares. Bad people always try to exploit systems for their own gains and these things are there to prevent them.

Yes, whatever it can happen, even though the Casino looks good enough systematically, the loophole will always exist and be taken advantage of by bad people.
When it has been checked by the FBI, of course there is no follow-up from the casino to fix it, the casino programmer who experiences such a problem should always be on standby and check if there are bugs or anomalies that occur in the system.

A max win, though rarely happening - because people play too often to lost it again, will be screened before they clear it for withdrawal. But I have seen >25BTC getting withdrawn on sites like PD, Stake and all.

A maximum win will only be allowed when the casino's profits are greater than any losses of the user who continues to be active.
Everything is set up by the system and there will certainly be no casino that offers free winnings, although some withdrawals look quite large.

[Samlucky O]

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?

That is the best way. it is ideal we do kyc before making a deposit since we know the strategies of most casino nowadays. It is better we register with casino that does kyc from the oncept than the one that does it later, because you don't know their plan.

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?

Users should not be afraid of the worst nightmare to come  or happen but we should be careful when registering with some gambling site. I think we should do some review by checking the site history to track their records before registering because if surely there is a problem in Such gambling site people must have laid complain or given a negative review to make a person stay off from afar.

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?

Lolz. Any gambling site that does that, should be trickish and have an interior motive to that. But trust me, if such is noticed from any site, that is their end.

[danherbias07]

Casinos that do not implement KYC in some cases that are quite risky such as large withdrawals and some other features can be indicated as fraudulent casinos and at any time can lose or freeze users unilaterally and much money laundering practices can occur.

That problem can happen with any casino but if you KYC is filled in, you might not face problems, but it is not the other way round.

Any casino can end up in a FBI investigation and have to shut down, it is one of the gambler's worst nightmares. Bad people always try to exploit systems for their own gains and these things are there to prevent them.

A max win, though rarely happening - because people play too often to lost it again, will be screened before they clear it for withdrawal. But I have seen >25BTC getting withdrawn on sites like PD, Stake and all.

If it's a reputable casino. Other online casinos that require KYC can also make a scam attempt just to avoid releasing a large amount. Thankfully, I won a max win in a reputable one and I didn't even need to wager way too much just to be able to withdraw it or I think I've wagered that far so I was able to withdraw.
Anyway, I agree that a max win is a rare thing to happen and there are actually fewer people who share a max win than those who are telling their losses every day. I am actually glad that I made that happen in the early stage of my gambling time because I have heard others are already in a high VIP ranks and still not able to receive such a feat.

[Stable090]

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

Lots of people don’t really have problem with submitting their identity, but to be serious, submitting our identity anyhow doesn’t make sense to me. I do complete KYC when using a particular site only when I know it’s really important, and I don’t have choice. If it’s not important yet, then I will keep on making use of the site without submitting any of my identity to them, because it’s not what’s supposed to be released anyhow.

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?

Why will I be scared of maximum win as long as I didn’t get the win through an illegal way, and the money that I used in placing the bet is pure. I don’t have to be scared of anything. If you win a huge amount of money, then you will have to provide the same identity with someone that wins just a little amount of money. Just make sure you don’t try to cheat the gambling site.

[ajiz138]

A max win, though rarely happening - because people play too often to lost it again, will be screened before they clear it for withdrawal. But I have seen >25BTC getting withdrawn on sites like PD, Stake and all.

A maximum win will only be allowed when the casino's profits are greater than any losses of the user who continues to be active.
Everything is set up by the system and there will certainly be no casino that offers free winnings, although some withdrawals look quite large.

So it is quite unfair if there is a maximum win but the casino must make a big profit first, isn't the casino going to make a big profit because some active players often lose?
But I realize from the maximum win is a large amount then the casino will not just allow it in large withdrawals, usually there is always an investigation whether the game is fair or rigged and the casino always gets a loophole for other reasons.
But I say not all casinos are like that, because looking at some casinos - users can withdraw from millions of dollars that have been won from slots and it works.

[Dewi Aries]

A maximum win will only be allowed when the casino's profits are greater than any losses of the user who continues to be active.
Everything is set up by the system and there will certainly be no casino that offers free winnings, although some withdrawals look quite large.

So it is quite unfair if there is a maximum win but the casino must make a big profit first, isn't the casino going to make a big profit because some active players often lose?
But I realize from the maximum win is a large amount then the casino will not just allow it in large withdrawals, usually there is always an investigation whether the game is fair or rigged and the casino always gets a loophole for other reasons.
But I say not all casinos are like that, because looking at some casinos - users can withdraw from millions of dollars that have been won from slots and it works.

Maximum wins do exist and are opportunities that can happen to everyone who plays, especially in slot games, and these maximum wins do not happen to everyone who plays at the same time, meaning that if there are 100 people playing at the same time, the casino will only give the maximum win to 10 and 90 other gamblers lose, this is the maximum win scenario given by the casino to gamblers, but at the same time the casino still has a big advantage, everything has been arranged by the system, because if it is not like that, it is clear that the casino will go bankrupt.

Another thing is like what you said, even though for example you are a gambler who has managed to achieve maximum wins, they can only be called the real winner when all their winnings have been withdrawn, because I have also experienced a situation where the casino where I got the big win turned out to be irresponsible in the sense that it did not pay my rights for unreasonable reasons, and of course this is also a strong reason why we are advised to look for a casino that has a good reputation to at least minimize various unwanted problems such as in the withdrawal scenario.