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Author Topic: Which casino would you trust more: one that requires KYC or one that doesn't?  (Read 830 times)
bettercrypto
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June 14, 2024, 03:20:19 PM
 #41

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC (Know Your Customer) since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

For me, there is no problem if a casino has KYC requirements as long as it is a reputed gambling platform. I don't think it's a big deal to me. Especially if I'm also enjoying the casino
platform I'm playing on, which has all the games I want to bet on.

Also, usually the casino games I play are regulated gambling platforms, and in that case, I expected that they really have a KYC that is required once you enter or play for the first time
on the casino platform.

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June 14, 2024, 03:20:52 PM
 #42

The fact is that a majority of casinos do require KYC especially when it comes to local casinos. Some local casinos at first may not require KYC. However their terms and conditions actually make it compulsory in the . nearest future. Some will even require you do a great deal of KYC when you win very huge funds in order for you to be able to cash out. I believe the idea of non KYC casinos came along side the use of using crypto currencies to place bets. This is because if you observe you will notice that a very huge percentage of fiat casinos make use of KYC registration as mandatory during registrations.

On the other hand, most crypto casinos have the non KYC feature which makes a lot of people who don't share their KYC details feel more relaxed gambling with them. However there comes the fear of them of them shutting down all of a sudden.

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June 14, 2024, 03:28:19 PM
 #43

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC (Know Your Customer) since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

For me, there is no problem if a casino has KYC requirements as long as it is a reputed gambling platform. I don't think it's a big deal to me. Especially if I'm also enjoying the casino
platform I'm playing on, which has all the games I want to bet on.

Also, usually the casino games I play are regulated gambling platforms, and in that case, I expected that they really have a KYC that is required once you enter or play for the first time
on the casino platform.

Usually, casinos that have guaranteed popularity will always maintain the image of the casino to conduct fair regulations and are ready to serve us well as consumers, I also don't care whether the casino has a KYC arrangement or not, the important thing is that the conditions we have to want to play at the casino are fulfilled like you want a lot of games that you want to play there, that's how I can also believe.

After all, in the past before gambling had to set KYC we still played and even though the implementation of the arrangement became a little scared because of data leaks or sales, but a casino that has a high reputation will rethink it if it does that to its members and becomes a bad name.

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June 14, 2024, 03:31:05 PM
 #44

You can’t even find a non-KYC anymore so it is not a realistic question.
There's ✅ [UFC Stream] AnonBet.net - No-KYC Slots & Sports Betting with Bitcoin ✅, but they have bad reputation. Cheesy

We don't gamble in a casino that we don't trust because this KYC requirement will get our personal information and documents as a proof. So if this casino aside from being regulated is reputable as well, they can ensure that they'll take care of our information and keep it confidential as mandated by the rules of their regulators.

If we like to gamble in a non-kyc casino, then we should go directly to a decentralized casino, although they are not so popular compared to the centralized, but there are numberes of dex casinos here that exist and continues to serve gamblers, at least we know from day 1 that they'll never demand KYC.
Why you can be so sure that the KYC casino will take care your information and where's the rules that the regulators ask the casino to keep the user's information as safe as possible? you can't just make your own assumption.

If the regulators that regulating the casino are real, any scam casinos like 1xbit already got caught, but the reality the site is still exist and keep operating.

 
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June 14, 2024, 03:59:41 PM
 #45

I prefer KYC in a casino, because it will help you to take a good advantage of your local casinos which is very easy to win and your money will be deliver to you according to their rules and regulations that governed the casino.

But if casino is illegal in that country, it can make some local casino to change their service sometimes to make the gamblers to miss their money  and they will be afraid to arrest the owner of the casino, because if they report such case to police station, they will surely receive their own punishment for disobeying the law of the land.

But no matter the risk that involved in the KYC casino and non casino, I guess KYC casino will reduce your spending when you have the knowledge of casino, and you will like to gamble what you can afford to lose.

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June 14, 2024, 04:00:30 PM
 #46

For a casino to request for KYC, it means they are operating under the laws of a known jurisdiction and this brings some form of legitimacy to their business. Consequently,  I will always choose casinos that request for KYC over those that don't. This does not mean there are no reputable casino that do not make KYC compulsory neither does it mean that asking for KYC means that a casino is legit. Some of the casinos that ended up failing and stealing people's money do request for KYC yet they still do the unthinkable. Nevertheless,  I will still  choose to play in casinos that request for KYC.

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June 14, 2024, 04:06:16 PM
 #47

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC (Know Your Customer) since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?
How trusted a casino is has nothing to do with those policies, however as time passes it is less likely to find casinos that can actually fulfill their promise of not asking that information out of their customers, as in many cases those casinos are lying and they will require that you identify yourself if you get a big win, or they will prefer to change their policies and comply with the government if enough pressure comes their way, so if I am forced to pick a side I will pick KYC casinos over the their non-KYC equivalents, as at least they are being open about their policies.
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June 14, 2024, 04:16:18 PM
 #48

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC (Know Your Customer) since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?
For me, I don't think choosing a casino between one that requires kyc and one that doesn't really matter that much, but what really matters to me is the over all reputation of the casino, be it a kyc complaint casino or one that is not kyc complaint.

Kyc is just a nautral thing or feature which I believe that on a normal day, if casinos that require kyc and ones that don't require kyc were to be of the same level in their overall reputation, the majority (if not 100 percent) of gamblers will choose to play on the casino that doesn't require kyc, and the reason for this is very simple and obvious, gamblers hate kyc, it is sometimes risky, all time stressful and most of the time very frustrating, most especially when one doesn't have the document that the casino is requesting for; to enable them verify the user.

So, to me, it's all about reputation, I really don't have any problem going through kyc verification if the casino is highly reputable, and I also will love to find and play on a highly reputable casino that is kyc free.

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June 14, 2024, 04:17:52 PM
 #49

KYC have become part of the measure of reputation of casinos, even those base exclusively on cryptocurrency even though Bitcoin was created for some level of privacy. The major casinos I know require KYC to effectively use all their products services, this means they believe it is a way of protecting both the customers and complying with regulators to fight money laundering and other global bad practices. With the ongoing fight against privacy, the authorities might wake one day and decide to fight those casinos for not enforcing KYC so to avoid being a victim of this, I rather go with casinos that enforces KYC.











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June 14, 2024, 04:20:52 PM
 #50



So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

The issue is, can this no KYC casino hold on to what they are promising once the regulators come into play and notice their presence and what they are offering they will be a target of investigation in case money launderers and scammers use their platform.

And how they will address cheating of multi-accounting. They cannot just restrict a player without asking for verification. Sooner or later, these no-KYC casinos will yield to demand or have to break their own rules because there will be circumstances in which they must ask for KYC.

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June 14, 2024, 04:22:07 PM
 #51

To be honest, I don't recall having encountered a casino that didn't ask for KYC at some point, and I mean a full-scale casino, not some crash game like Bustabit. In an ideal world, avoiding submitting your personal details to some random online casino on the other side of the world doesn't sound too bad; some would prefer it for obvious reasons, of course, myself included, for the very same reasons we're deterring users to avoid a centralized exchange. However, casinos are required by law to ask for KYC; thus, one that wouldn't ask would be breaking the law and may potentially use rigged games as well. I may be wrong, but that's how I see things.

 
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June 14, 2024, 04:53:49 PM
 #52

It’s amazing how people are ready to show their identity to the casino without thinking at all that further actions with their documents on the Internet are unknown. This just goes to show that everyone has a price, and people are willing to do a lot to get money. We use Bitcoin, and we welcome its decentralization, but when the issue concerns money, then, of course, documents are provided without question.
Let it not amaze you that if you run a survey of the people that make use of bitcoin, only a few people are truly making use of it because of its decentralised nature; they buy and transact with it still because of the money that could be made from it, and nothing else. If not, how do you define someone who claims to be a bitcoin maximalist to be storing their bitcoin on a centralised exchange where they submit KYC without even giving it a second thought?

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June 14, 2024, 04:58:50 PM
 #53

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC (Know Your Customer) since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?
As much as possible, i would really be that preferring into those non KYC platforms or casinos on which we do have still a lot nowadays but still not compromising about its reputation and popularity.
We do know that people do really look for something which is licensed and which is really that popular on which it would really be just that a common approach to have because it would really be just that common sense
that sticking into those best platforms will really be that making you at least that be confident that you are dealing with the right place and unlikely be able to face up some issues.
Nowadays, we do have some known platforms that asking out KYc before you could really be able to withdraw. Therefore, if you have that trust up that much with that platform then you could
always have the choice whether you would really be that confident or not on the said platform. So it would really be still up into your own choice.

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June 14, 2024, 05:42:28 PM
 #54

If am to choose a casino based on trust, I will not trust a casino because they request for KYC neither will I still choose to trust a casino because they don't request for KYC. I will choose a casino because of the reputation they have earned for themselves, I will choose a casino that have been operating for a long year with dignity. Some casino can request for KYC but are scam, that's also how some non KYC casinos can be scam too. Choose wisely.
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June 14, 2024, 05:51:11 PM
 #55

I can trust casino both casino with KYC and without KYC, for me KYC is not a thing to consider which casino I have to trust.
As long as the casino serve me well as player, I dont really care about KYC will be asked or not, KYC is mandatory or not.
In fact, there are many casinos turn to scam from both category, so my conclusion is that KYC or not does not affect reputation of casino because reputation is given by us as players based on our own experience.

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June 14, 2024, 05:57:23 PM
 #56

For Trust and Security, casinos that mandate KYC are indeed more reliable: they adhere to stringent standards set by regulators who seek to curtail money laundering and nefarious activities. The verification of KYC guarantees the identity of the player, hence more safety for the user. While some people find the KYC verification quite complicated


Non-KYC casinos provide Ease of Access, allowing players to register and start playing more quickly without the need for a lengthy verification process. But along with this convenience comes higher security risks; non-KYC casinos lack the stringent regulations that KYC casinos have in place. As a result, players could be exposed to potential fraud or loss of funds, without proper oversight, these platforms may easily tilt towards unfair practices or even outright fraud.

Casino KYC would be more appropriate if security and trust are of priority. But then again, non-KYC casinos might come up on your radar if you put a premium on privacy and the ease of use, although be forewarned of the risks that could ensue.

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June 14, 2024, 05:59:51 PM
 #57

I mean as much as I would of course prefer to use a casino that doesn't require KYC, I think it's probably for the best going with casinos that do.  I suppose a big part of it is also how they are registered, what country it's in and of course of the most important things of, taking a good hard look at their history and their reputation. I know there's been a few casinos here that have been advertising but yet had been known to scam users.  Yet some people still used them.  Blow my mind.

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June 14, 2024, 06:04:22 PM
 #58

Let's talk about KYC and non-KYC casinos. There are many casinos in the space, and probably most of them require KYC (Know Your Customer) since they hold a license. However, some do not promote that requirement. In fact, I've read comments mentioning that there are casinos which initially claim they don't require KYC but later do, based on their own judgment.

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?

It's not all casino that request for KYC are actually licensed to operate in some regions, sometimes they are just doing a preventive measures to see people who abuse privileges such as the bonuses events and also know people who cheat their ways in their Casino. They used KYC to prevent future law enforcement and been sue just incase they are been accused of one, they can counter it by saying their platform doesn't do any of thag and will walk away peacefully.

It doesn't matter about KYC, we have seen casino that scam people despite been asking for KYC, some of them refused to pay some users because of some reason best known to them even when the users are been KYC from beginning and some casino that doesn't have KYC has also banned some people from playing. All I can say is that when choosing a casino, make sure that it has history of good reputation so you don't have to worry about all these KYC or not.

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June 14, 2024, 06:04:48 PM
 #59

So, if we could find a casino that genuinely adheres to what they advertise (whether as a non-KYC or KYC casino), which one would we trust to gamble with? Additionally, if you have doubts, what are the risks you might be taking that could bother you while regularly gambling at such a casino?
As long as the site is good, I will gamble with them and there are top sites that didn't require KYC that much, so I'm ok with this.
Don't ever gamble on a site you are doubting because you will spend money there and the risk of losing is high because of the probability that the site will turn into a scam site. If you want a peace of mind, just choose the best site and even if there is KYC it's worth to gamble.

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June 14, 2024, 06:11:37 PM
 #60

Its a big mistake for a gambler to trust a platform all because they are not requesting for kyc, base on my understanding, we even have to be cautioned on any platform that doesn't require for kyc because they cannot be trusted to that extent, we have to make sure we research about them and know how they have been consistent in their service and reliable, any of the two should not be our excuse if we are not much convinced about them.

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