Some Random Thoughts on KYC and Non-KYC

[EarnOnVictor]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

I think you know much about these casino vices even though you asked these as questions. Well, we have enough things playing out in the casino world and there are good, bad and ugly actors and happenings. I always go for the KYC casinos no matter what anyone would tell me because I love a regulated environment (weak or not). As for the supposed no-KYC casinos, a few are true to it while others merely deceive people, either way, I prefer decentralised casinos if it's going to be no-KYC. Those centralised ones might lure you into it with that guise but later ask for it. Others target some good players to ask for the KYC. And we've seen cases where the no-KYC casino, after achieving success in the industry asked all their customers to complete the KYC, citing regulation.

[Solosanz]

With that being said, there shouldn't be any form of KYC requirement when it comes to Web 3 gambling.

No, there's no guarantee web 3 casinos will not ask KYC, check their terms.

MetaWin and 500 Casino are still no KYC casinos that are functioning right now and they are legit.

Yeah they're legit, but they're not no KYC casinos.
1. https://metawin.com/games/kyc/
2. https://500.casino/aml-kyc-policy

I don't even think if there is any popular NONKYC casino that's active, even the web 3 casinos that come out with being non-kyc; most of them are already demanding KYC when necessary.

I only know one, it's Dgbet.fun, when I check their terms, I didn't find they're asking personal information or KYC.

[adzino]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

Every licensed casino will ask you to go through KYC eventually. Read their terms, and you will see that they can ask for you to verify your identity at any point. And none of those casino will advertise as No KYC casino. So if you don't want to go through KYC, you have to play on a non licensed casino. In that case, you will be playing on an illegal casino and in case you get scammed by them, there is nothing much you will be able to do. Another option are those decentralized casinos, but I don't know much about them.

[Oshosondy]

I always go for the KYC casinos no matter what anyone would tell me because I love a regulated environment (weak or not). As for the supposed no-KYC casinos, a few are true to it while others merely deceive people, either way, I prefer decentralised casinos if it's going to be no-KYC. Those centralised ones might lure you into it with that guise but later ask for it. Others target some good players to ask for the KYC. And we've seen cases where the no-KYC casino, after achieving success in the industry asked all their customers to complete the KYC, citing regulation.

I prefer reputation. There are many gambling sites that will allow you to withdraw up to certain amount of money without KYC and they have good reputation. Also they follow AML policies.

KYC also does not mean the gambling site is regulated. Even a fake gambling site can ask for KYC which can later be used against you.

Do not mind those that say decentralized gambling sites. The gambling sites that are existing that I know as oof now are web2 and Web3 which are both centralized gambling sites.

[Z390]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

Well done, many people don't want to believe that asking for KYC is the norm, they instantly hate a casino for asking for KYC, I mean how the hell will the casino co-exist with this centralised messed up world? They will put them out of business with ease unless they follow the rules of this centralised world, asking for KYC is the new norm, people needs to grow up and accept this.
I am not for or against KYC as well, whatever happens is fine for me, when using a new online casino I always have my national identity card next to me just in case, and most of the time they tend to ask only when you win high amount of money and thats hardly me, because I don't even use a good amount of money to gamble, my mental health is far important to me than anything.

[Nwada001]

Each casino certainly has its own TOS, but most casinos will ask for KYC verification if you indicate fraud on our account, and large withdrawals, and for KYC and non-KYC casinos there is no need to debate if you play honestly your account will be safe, no need to worry.

The problem is not about being trusted and not being trusted, but it's about regarding a KYC casino as none KYC. Just because they don't make KYC mandatory doesn't mean that they should be called nonKYC.
 
We should always address them properly in order not to confuse ourselves, like some casinos openly claim to be none KYC while their TOS says a total different thing.

[Zigabel]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

True, even the supposed non KYC casinos do request KYC at some point, probably when the gambler gets a huge win or huge deposits, before withdrawal of such funds, KYC is usually required in most cases , I doubt if I have seen any they literally don't require KYC at all except that they don't require it upon registration but for the sake of anonymity KYC shouldn't be compulsory except for those who really does wants it then it could be granted them but they shouldn't make it compulsory less the gamblers runs away from it based on the fact that their identity isn't protected.

[Slow death]

Casinos need a license and from what I understand, the license provider requires casinos to do KYC on their customers. So it's hard to find a casino that won't ask for KYC and if the casino doesn't have a license, people start to be afraid to use the casino. So new casinos and even old ones don't have many choices and have to ask for KYC. I don't have a problem with KYC. In fact, I think it's a good idea for all casinos to ask for ID so that minors aren't allowed to play in the casinos. The problem is when some casinos start asking for a lot of documents and purposely reject people's documents when they have big wins so they don't pay out.

[Smartprofit]

Unfortunately, strict compliance procedures are the reality of our world. I don't like it. The principle of presumption of innocence in the financial sector no longer works.

A simple suspicion is enough and the owner of the funds will have to provide a huge amount of supporting documents (to prove that he is not a criminal). Online casinos can also be understood. If it turns out that criminals have cashed out funds (obtained by criminal means) through casinos in the past, then law enforcement officers will make claims against the casino. They will demand that the criminals be identified. This is why online casinos introduce KYC procedures.

Unfortunately, in our time, any casino can require any user to undergo the KYC procedure. This may be due to a request from law enforcement agencies or other circumstances.

[Sandra_hakeem]

I prefer reputation. There are many gambling sites that will allow you to withdraw up to certain amount of money without KYC and they have good reputation.

OP, what are you talking about?? It's either this information is wrong or written incorrectly... Possibly some typos. Look, getting registered on a casino that doesn't require KYCs is one of the lamest ways to lose your funds ...
There's nothing like owning a firm outside the regulatory bodies/agencies and keeping it reputable still; infact, one of the more reasons why they refuse to get their asses a licence with the Curacao licensing commission/ or another agency is that they wanna solely control whatever happens in there -- in that case, they could fold up and disappear into thin air without any traces or they can hide from censored policies against MONEY LAUNDERING.

Also they follow AML policies.

what sort of AML policies do they follow?? Who regulates these policies for them?

[AmoreJaz]

Unfortunately, strict compliance procedures are the reality of our world. I don't like it. The principle of presumption of innocence in the financial sector no longer works.

A simple suspicion is enough and the owner of the funds will have to provide a huge amount of supporting documents (to prove that he is not a criminal). Online casinos can also be understood. If it turns out that criminals have cashed out funds (obtained by criminal means) through casinos in the past, then law enforcement officers will make claims against the casino. They will demand that the criminals be identified. This is why online casinos introduce KYC procedures.

Unfortunately, in our time, any casino can require any user to undergo the KYC procedure. This may be due to a request from law enforcement agencies or other circumstances.

Not all casino, but they should be licensed at least. Before requiring their players to undergo kyc. Because if the site is not licensed and anonymous, do you think it is fair for their players to comply with KYC protocol? I don't think so.
So the casino should make sure they are operating legit and with necessary license before restricting their players owed to KYC docs.

[Fortify]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

The thing is - you might be able to find casinos that do not require identity verification, but they are probably not casinos that you want to store a lot of money in. In order to avoid KYC requirements, they would most likely have to be hosted in some pretty shady jurisdictions, which would coincidentally make it much easier for them to disappear with vast amounts of customer money if that is what they decided to do. Besides that, you'll find that several casinos have imploded in the past when their owners have been extradited because they thought they were clever and did things like taking deposits from US customers - their financial regulators have pretty extensive reach to shut down these sorts of things and use it very effectively. It's a matter of safety for your casino balance.

[crwth]

I believe that there's no permanent non-KYC. It's most likely that you would be playing with casinos that can let you play even without that. I think it's important that if they ask you to, you need to comply. It's probably because they reserve the right to ask for it unless the casino is illegal or something. It is plausible to see their ToS if they have this kind of thing.

There should be a balance between privacy and security of online gambling.

[Huppercase]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

It's even difficult these days to see a casino that doesn't request for KYC, it's really hard unless just want to give room specifically for people that don't want to do KYC and preserve their privacy for obvious reasons. It is really difficult to see a casino that is not kyc, most of the casinos that we have today are strictly casino where kyc are compulsory before you make deposits and where you may not be allow to deposit unless your kyc verification if completed.

The casinos that are kyc but wouldn't request until you want to withdraw looks like a thief to me. They make people register on casino site but wouldn't make it mandatory to deposit, they allow money to enter but as soon as you want to withdraw, they give you excuses of verification and when you are done, they tell you to go wager atleast one game before you withdraw and that's because they know very well that in thag process, you can lode your money to them.

[dunfida]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

Everything could really be seen into their terms and conditions about on how they would really be gonna handling out their KYC procedures. Always assume that most casinos running nowadays are already
that regulated on which this isnt really that shocking anymore because government would really be trying out their very best on trying out to regulate these businesses knowing that tax generation is something
that would really be significant because of the potential earning on where these businesses are really that generating into.  One of the most important thing to consider on choosing up a casino is that
into those current reputable and known ones into this market. They might be asking for some KYC verification specially on hitting up something big but you could really be able to assure that you would really be able to get
those winnings on which i dont really see any issues with this as long you do make yourself that been dealing into those legit platforms or casinos that we do have today.

[LDL]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

KYC mainly focuses on the legitimacy of a casino especially KYC is considered mandatory in all casinos that have a casino license. Identity verification is usually required to prevent KYC from engaging in fraudulent activity on an account. In these cases of money laundering, withdrawal of large amount, users must be asked to verify their account. Of course the casino's T&Cs are all covered when creating an account.

[Miles2006]

Casino requiring KYC after smelling something fishy is normal and it’s best because there must be a reason why non KYC casino will require KYC after a long period of time. Casinos nowadays will always demand for KYC why else because as time goes gambling rate keeps increasing and probably some activities can be carried out while gambling. The issue with casinos demanding KYC after registration sounds strange like I said they know their reason, it’s better gamblers get to see the requirements first before deciding if registering is okay but in a situation where by the terms and conditions are not stated gamblers do grow annoyed and it’s so bad losing customers, this is my observation regarding KYC casino.

[mirakal]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

Though there are still casinos that are not requiring strict KYC but most likely they are those weaker and non-licensed casinos, so they won't care about KYC at all. Compared to those legit and highly reputable casinos, they will make it clear from the start that KYC is well implemented, not abiding on it won't never give you the chance to play on their site. So if you wonder if there are actually purely non-KYC casinos these days, yes there may be but when it comes to cashout and withdrawals, they won't be able to give you the convenient and fast transactions that you will most likely experience in KYC casinos.

[adultcrypto]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

I have seen some Telegram casinos that are truly non-KYC because KYC are not required to use them neither was it mentioned in their TOS as a requirement to use their platform or something that will required at some point of using the platform. Apart from these Telegram casinos, I have not seen other forms of casino that does not require KYC and even if I see one, I will not have much confidence that they do not ask for KYC when, I know they will ask should I have big winning. I prefer completing KYC before being able to deposit.

[Findingnemo]

No KYC doesn't necessarily mean they will never ask for KYC, if they have any suspicion that the funds deposited may involved something illicit or found its related to any scam that's reported to authorities then as standard AML the first step is to ask for KYC details. I have no problem with submitting the KYC to where I play but I don't really interested in every casino that I came across so choose your casino wisely and when you do then be prepared for anything they might ask in the future ever.