🚀 BoxBet.io | Crypto Casino | Token Airdrop: 5M BXBT 🎁 | $1,000,000 JACKPOT 💸

[liuka]

It seems so, I am targeting a win above x5 where I will stop playing for the day. Making money is hard, so if you have reached x5 win then the thing to do is enjoy the winnings by going on vacation and partying.

In my case, most of the time I target only 2x or a little more like 2.2x to round up the amount. I don't want to lose my deposit by aiming for a big amount. Sometimes I successfully withdraw after making it 2x. If I target for 5x, I guess I will end up losing most of the time. Because I rarely manage to make my deposit 2x, now think what will happen if I target for 5x.

Of course, I don't know exactly whether I have to do KYC for the last requirement to be able to claim the airdrop token. Honestly, I am very interested in continuing to follow it because I like playing slots, so I will also get an airdrop later.

Wasn't that you who said that they have to go through the KYC process if they want to withdraw? I did not ask the representative because I thought you already checked and you were telling me from your experience.

Well, it really depends on the situation, right, if you're lucky why not continue playing that day, usually if the slot is if you're lucky then the chance to reach x5 will be easy to get. But if you're unlucky then it won't be enough to deposit several times, because that's what I feel in the slot game. I mean if you lose on the first deposit and want to catch up on the loss on the second deposit then you have a chance to lose again, the reason is because you're emotional.
My experience is limited to playing slots, my friend. I haven't withdrawn so I don't know if I have to do KYC or not, so far I haven't made a deposit and only claimed the bonus in this thread.

For that, I don't know the definite answer whether airdrop participants have to do KYC or not, but if KYC is enforced, of course it doesn't matter but it's better for us to know from the start.

[Forsyth Jones]

Brazil government is in hands of leftists and they are very centralized, undemocratic with their administration. Policy against Gambling is only part of their governance against their citizens by centralizing many things, censoring many things and they do all these not for their citizens, but to keep benefit for their government, and maintain its role in the country as long as possible.

Leftism is always anti-democracy, and Brazilians are facing with not too bright future at least in this adminstration terminacy.

Do you have any report on gambling growth in Brazil recent years? or is it your guess only?

Here is a source, https://www.gamesbras.com/english-version/2024/6/17/brazils-online-betting-sector-has-grown-734-since-2021-according-to-datahub-research-for-cnn-45865.html

I remember that up until 3 years ago gambling was a niche that was not very well known, but in the last few years it has exploded.

In football, most clubs are sponsored by betting companies and in order for them to continue operating here they have to follow a series of heavy and unnecessary regulations.

[cryptomaniac_xxx]

And I would suspect that this is the case as we have a topic about it as the Brazilian government is pushing to regulate online gambling.

Yeah bro, and it sucks that this is happening. The brazilian government, eager to increasingly exploit the population, sees a sector that previously had no regulation have an absurd demand from consumers, and consequently, greater acquisition of profit, and the government comes with its rotten finger wanting its share.

It's true that in your countries the regulations and taxes may not be as heavy, but the brazilian government is the biggest exploiter of the population in the world.

Interest in gambling has been increasing every day in the last 2-3 years here.

I'm sorry to hear that mate, yeah, it's very unfortunate that your government has found a way to exploit gamblers with taxes and now maybe hiding on the disguise of regulation but they want to get as much profit from the gamblers themselves because it's a billion dollar business.

Gambling is really huge right now, with the advent of online gambling and so I do agree that the numbers are increasing in the last 4 years or so. Not just online, but traditional based is back as well.

[tbct_mt2]

I'm sorry to hear that mate, yeah, it's very unfortunate that your government has found a way to exploit gamblers with taxes and now maybe hiding on the disguise of regulation but they want to get as much profit from the gamblers themselves because it's a billion dollar business.

Gambling is really huge right now, with the advent of online gambling and so I do agree that the numbers are increasing in the last 4 years or so. Not just online, but traditional based is back as well.

I don't live in Brazil but through posts on X, I knew of their government policies against their citizens and many foreign companies. I believe we all knew about their attack against X and Elon Musk months ago, then massive attacks on gambling industries.

I understood it like they want to get as much money as possible from foreign companies, before they allowing operations of these companies in Brazil. And through X, I guess Brazil government don't create comfortable lives to their citizens locally too.

With gambling companies, their government will focus on biggest and most famous gambling sites first, then if they know of smaller gambling sites, they will not ignore these sites from their regulations so nearly all gambling sites will be affected.

[God Of Thunder]

My experience is limited to playing slots, my friend. I haven't withdrawn so I don't know if I have to do KYC or not, so far I haven't made a deposit and only claimed the bonus in this thread.

For that, I don't know the definite answer whether airdrop participants have to do KYC or not, but if KYC is enforced, of course it doesn't matter but it's better for us to know from the start.

Oh man, I thought you were already asked to complete KYC but you were waiting because you did not have the intention to make a withdrawal. Probably it is just a misunderstanding from my side. But no worries, I did not have any plan to farm their airdrop even if they do not require KYC to be eligible for the airdrop. I consider myself as unlucky. So, I do not want to change my mind for now. But if someone wants to participate in the airdrop, they should contact boxbet support before to know if players have to complete KYC or not.

[logfiles]

Here is a source, https://www.gamesbras.com/english-version/2024/6/17/brazils-online-betting-sector-has-grown-734-since-2021-according-to-datahub-research-for-cnn-45865.html

I remember that up until 3 years ago gambling was a niche that was not very well known, but in the last few years it has exploded.

In football, most clubs are sponsored by betting companies and in order for them to continue operating here they have to follow a series of heavy and unnecessary regulations.

Quite surprising given that the country I believe is well-known for their popular football style or even street football. So I would assume there are so many football fanatics over there translating to more gamblers, but I guess it all comes to just how strict the government regulations are toward gambling/betting.

In my Country, betting became so popular that the Government just decided to impose some heavy taxes on it instead of completely banning it.

[liuka]

Oh man, I thought you were already asked to complete KYC but you were waiting because you did not have the intention to make a withdrawal. Probably it is just a misunderstanding from my side. But no worries, I did not have any plan to farm their airdrop even if they do not require KYC to be eligible for the airdrop. I consider myself as unlucky. So, I do not want to change my mind for now. But if someone wants to participate in the airdrop, they should contact boxbet support before to know if players have to complete KYC or not.

If I had to guess, it seems like you are someone who is reluctant to do KYC on various gambling sites. That's good to protect our personal data in any form that is carried out by many gambling sites.

I am still waiting for many updates on the progress of the Boxbet.io site, especially the addition of many popular slots and their active promotion on social media such as Twitter.

As for that, I will still do KYC if that is the last requirement to be able to claim the airdrop token, because the airdrop token can be capital for me to invest or become capital to play slots.

[tbct_mt2]

If I had to guess, it seems like you are someone who is reluctant to do KYC on various gambling sites. That's good to protect our personal data in any form that is carried out by many gambling sites.

Nobody like KYC and if possible, they try to avoid KYC as much as possible. The fact is KYC has become mandatory more recent years and will be like a new standard in future on all centralized platforms. With centralization of most current decentralized platforms, I guess in future, KYC requirement can be requireed on DEX too.

It sounds crazy with mandatory KYC to use DEX but if their founders are publicly identified by governments, I believe that those founders can not refuse pressure from government to do KYC on DEX users.

They just can not disobey law and regulations from governments, and we have to accept that.

[God Of Thunder]

If I had to guess, it seems like you are someone who is reluctant to do KYC on various gambling sites. That's good to protect our personal data in any form that is carried out by many gambling sites.

I am still waiting for many updates on the progress of the Boxbet.io site, especially the addition of many popular slots and their active promotion on social media such as Twitter.

It's not like I did not complete KYC anywhere. I use centralized exchanges which means I completed KYC there. I also completed KYC on some exchanges. Yet, I do care about privacy. Completing KYC is a kind of hassle. Some casinos require you to verify different levels of KYC which includes a lot of documents like Bank account statements. So, usually, I try to avoid the platforms that require KYC. If I win something significant, then I may complete KYC on an exchange depending on its level.

[Slow death]

If I had to guess, it seems like you are someone who is reluctant to do KYC on various gambling sites. That's good to protect our personal data in any form that is carried out by many gambling sites.

I am still waiting for many updates on the progress of the Boxbet.io site, especially the addition of many popular slots and their active promotion on social media such as Twitter.

It's not like I did not complete KYC anywhere. I use centralized exchanges which means I completed KYC there. I also completed KYC on some exchanges. Yet, I do care about privacy. Completing KYC is a kind of hassle. Some casinos require you to verify different levels of KYC which includes a lot of documents like Bank account statements. So, usually, I try to avoid the platforms that require KYC. If I win something significant, then I may complete KYC on an exchange depending on its level.

about some crypto casinos asking for Bank account statements, I honestly can't understand some crypto casinos, there are crypto casinos where people don't have the option of depositing money through bank accounts or debit cards, but the casino asks for Bank account statements at the time of KYC, I don't understand how Bank account statements would be useful to identify the origin of the funds since the crypto casino doesn't accept bank deposits and only accepts deposits in cryptocurrency. In my opinion, there are many crypto casinos that exaggerate a lot in the KYC documents they keep asking for.

[logfiles]

about some crypto casinos asking for Bank account statements, I honestly can't understand some crypto casinos, there are crypto casinos where people don't have the option of depositing money through bank accounts or debit cards, but the casino asks for Bank account statements at the time of KYC, I don't understand how Bank account statements would be useful to identify the origin of the funds since the crypto casino doesn't accept bank deposits and only accepts deposits in cryptocurrency. In my opinion, there are many crypto casinos that exaggerate a lot in the KYC documents they keep asking for.

Bank statements are usually required for proof of address verification and not necessarily for the source of funds. In most of the platforms I have used, I have never had to reach to an extent of uploading my back statements but if that requirement ever came up in one of the platforms I use, then that would be the last time I use it.

[God Of Thunder]

about some crypto casinos asking for Bank account statements, I honestly can't understand some crypto casinos, there are crypto casinos where people don't have the option of depositing money through bank accounts or debit cards, but the casino asks for Bank account statements at the time of KYC, I don't understand how Bank account statements would be useful to identify the origin of the funds since the crypto casino doesn't accept bank deposits and only accepts deposits in cryptocurrency. In my opinion, there are many crypto casinos that exaggerate a lot in the KYC documents they keep asking for.

I agree with logfiles. They do not ask for a bank statement for source of funds verification, but they ask for a verified address. If I am not wrong, some casinos accept another type of verification, such as utility bills, instead of bank statements. These documents contain too much personal information that I usually do not want to share with any platform.

I would choose utility bills instead of bank statements. But if a casino does not accept utility bills and they need my bank statement, I probably won't go for it if the amount is not good enough. As I said before, I may consider it only if I hit something significant.

[BoxBet.io]

Hey All,

Yesterday, we ran a fun marketing activity where we gave $2 bonus to every person who retweeted our stream on X:

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We’ll likely stream again today and continue with similar activities!

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Best,
Jim

[hd49728]

They do not ask for a bank statement for source of funds verification, but they ask for a verified address. If I am not wrong, some casinos accept another type of verification, such as utility bills, instead of bank statements. These documents contain too much personal information that I usually do not want to share with any platform.

I would choose utility bills instead of bank statements. But if a casino does not accept utility bills and they need my bank statement, I probably won't go for it if the amount is not good enough. As I said before, I may consider it only if I hit something significant.

Utility bills are more convenient and less sensitive like bank statement or other personal documents but with ulitility bills, you will probably have higher failed chance than with other documents after the verification process.

I agree that if money is not too much, it does not worth to take risk of sensitive information. This is basic consideration before joining any platform, depositing any money there. If you plan to deposit small money, you are ready to let it go if problems with KYC appear. If you plan to deposit big money, you must be ready with KYC, and even can complete KYC before doing your deposit. Practice like deposit first and KYC later is risky, as KYC can be failed.

[virasog]

about some crypto casinos asking for Bank account statements, I honestly can't understand some crypto casinos, there are crypto casinos where people don't have the option of depositing money through bank accounts or debit cards, but the casino asks for Bank account statements at the time of KYC, I don't understand how Bank account statements would be useful to identify the origin of the funds since the crypto casino doesn't accept bank deposits and only accepts deposits in cryptocurrency. In my opinion, there are many crypto casinos that exaggerate a lot in the KYC documents they keep asking for.

I agree with logfiles. They do not ask for a bank statement for source of funds verification, but they ask for a verified address. If I am not wrong, some casinos accept another type of verification, such as utility bills, instead of bank statements. These documents contain too much personal information that I usually do not want to share with any platform.

I would choose utility bills instead of bank statements. But if a casino does not accept utility bills and they need my bank statement, I probably won't go for it if the amount is not good enough. As I said before, I may consider it only if I hit something significant.

Well if they need the address verification then that can be fulfilled with the national ID card number or the driving license too as they would also contain the gambler's address.

While Utility bills confirm the address perfectly, but sometime if the gambler is living in a rented home, then the utility bill may not contain his name. Also usually the utility bill may come in someone else name, like the father or guardian, so in that case it may be difficult for the gambler to get address proof through Utility bills.

[logfiles]

Well if they need the address verification then that can be fulfilled with the national ID card number or the driving license too as they would also contain the gambler's address.

The National ID or Driver's license may not be enough to verify proof of address. My national ID could say I stay in a certain region/province or district in a country, yet I moved or shifted a long time away from that place.

While Utility bills confirm the address perfectly, but sometime if the gambler is living in a rented home, then the utility bill may not contain his name. Also usually the utility bill may come in someone else name, like the father or guardian, so in that case it may be difficult for the gambler to get address proof through Utility bills.

This is where the bank statement comes in. Firstly, in most cases, they need bank statements that are not less than 3 months old and those statements usually contain the address of your local bank from which you generated them.

[Forsyth Jones]

Quite surprising given that the country I believe is well-known for their popular football style or even street football. So I would assume there are so many football fanatics over there translating to more gamblers, but I guess it all comes to just how strict the government regulations are toward gambling/betting.

In my Country, betting became so popular that the Government just decided to impose some heavy taxes on it instead of completely banning it.

yeah mate, as incredible as it may seem, football is the most popular and favorite sport among the population in all states of the country. We've a soccer culture and encouragement for the sport (not from the government!) Unfortunately, some brazilian clubs aren't well managed and there is some corruption, which is why some teams stand out more than others.

And of course, this is reflected a lot in sports betting, there are people even betting at work, it's crazy.

[God Of Thunder]

Utility bills are more convenient and less sensitive like bank statement or other personal documents but with ulitility bills, you will probably have higher failed chance than with other documents after the verification process.

I did not submit my bank statement or my utility bills to any of the casinos so far. So, I don't know if utility bills have more chance of getting the verification failed. So far, I have completed KYC in two or three casinos and all of them are just NID and phone number verification. As you may know, each casino hs their different ways of verification and some levels of verifications.

I guess I have completed the level one or level KYC so far. No casinos asked for level three or four since my deposit is not big, nor my winnings are. As I said, it will depend on the amount. If it's over a few thousand dollars, I may consider completing higher levels verifictions.

[serjent05]

Well if they need the address verification then that can be fulfilled with the national ID card number or the driving license too as they would also contain the gambler's address.

The National ID or Driver's license may not be enough to verify proof of address. My national ID could say I stay in a certain region/province or district in a country, yet I moved or shifted a long time away from that place.

True that, this is the reason why except from government ID proof of residency requires bill statement under the name of the owner of the account or a bank statement for the last 3 to 6 months depending on the requirement of the casino.  If one don't have, in my country, a local certificate of residency in villages or communes is enough to verify that the person is living in that address.

While Utility bills confirm the address perfectly, but sometime if the gambler is living in a rented home, then the utility bill may not contain his name. Also usually the utility bill may come in someone else name, like the father or guardian, so in that case it may be difficult for the gambler to get address proof through Utility bills.

Other consider a letter of acknowledgment that the person is living at the said address from the person who owns the billing address.  I know some companies honor this kind of letter as proof of residency but I am not sure about online casinos.

[virasog]

Well if they need the address verification then that can be fulfilled with the national ID card number or the driving license too as they would also contain the gambler's address.

The National ID or Driver's license may not be enough to verify proof of address. My national ID could say I stay in a certain region/province or district in a country, yet I moved or shifted a long time away from that place.

The country where I live, we have 5-year validity for ID cards and Driving licenses, so yes, you are right someone may have change his address and it may not be reflected on documents for few years.

While Utility bills confirm the address perfectly, but sometime if the gambler is living in a rented home, then the utility bill may not contain his name. Also usually the utility bill may come in someone else name, like the father or guardian, so in that case it may be difficult for the gambler to get address proof through Utility bills.

This is where the bank statement comes in. Firstly, in most cases, they need bank statements that are not less than 3 months old and those statements usually contain the address of your local bank from which you generated them.

Bank statement are better option than the utility bills because even if you are living in a rented house, the bank statement will be in your own name. But i don't think the casino needs to do so deep level verifications unless they suspect any serious money laundering issues.