Betpanda.io | Anonymous Crypto Casino | Welcome Bonus Up to 1BTC

[Renampun]

KYC is a mandatory procedure on almost all gambling sites, and I think that’s fair. There are people who like to register dozens of accounts on the same site — multi-accounting.

It is not mandatory, some casinos do not enforce KYC on their users, but just because KYC is not required does not mean that the casino will not ask you to verify your identity, it can happen, especially if there is suspicious activity, a large withdrawal amount, or there are indications of violations of their rules, KYC can be enforced to ensure that the account is truly owned by a legitimate user and is not involved in illegal activities.

I’ve gone through KYC many times on different gambling sites, and nothing bad has ever happened to me. I know a lot of players are afraid that their passport details could be stolen, but I live a modest life — I’m not a millionaire — so KYC doesn’t really scare me.

that's you, but others may have different views on the privacy of their identities, and they avoid providing personal data to third parties for any reason unless it's absolutely necessary. everyone has different tolerance levels when it comes to privacy, so it's natural that some people choose platforms without KYC.

[Russlenat]

I have a first hand experience of going through the hassle with a very reputable casino. Generally, basic KYC is not limited to email only, it requires your real name and address etc. You just don't need to send the documents at the basic KYC stage.
Usually cheaters make a dozen of new accounts to exploit some promotions and later KYC with the account which has the big money, that is why if you change your initial info (which you provided during signup) raise questions in casino's POV.
     

Thanks for sharing your experience, because I honestly haven’t run into that myself. It’s a good reminder not to just put random names or details in the basic KYC fields, especially if we don’t want problems later once we submit actual documents. It’s probably not the same for all sites, but still, better to be cautious. Always read the TOS, and if something isn’t clear, it’s safer to ask support for clarification first.

[mirakal]

KYC is a mandatory procedure on almost all gambling sites, and I think that’s fair. There are people who like to register dozens of accounts on the same site — multi-accounting.

That’s not really the main reason why KYC exists. If it wasn’t required by regulators, I’m pretty sure casinos wouldn’t bother with it at all, since gamblers clearly don’t like KYC.

Even with anonymous casinos like Betpanda, you still have to understand that it’s written in their terms. It’s just there so you won’t be surprised later if they suddenly ask for it.

That's right. Back in the good old days, casinos didn't really require KYC. But as crypto adoption grew globally, regulations became stricter, and eventually casinos had to adapt as well. Now we're in the current phase where regulation is an established part of the crypto and gambling landscape.

The crypto gambling industry would’ve grown much faster if KYC wasn’t required. That was supposed to be the main difference from fiat casinos, where KYC is mandatory. The whole purpose of crypto is decentralization and anonymity, so obviously people enjoy it more without KYC.

But as adoption grows, it’s impossible for governments not to notice. We’re still living in countries governed by people and laws, so we don’t really have a choice. Once a business handles money at scale, the general standard kicks in, and that standard is KYC.

[PX-Z]

The crypto gambling industry would’ve grown much faster if KYC wasn’t required. That was supposed to be the main difference from fiat casinos, where KYC is mandatory. The whole purpose of crypto is decentralization and anonymity, so obviously people enjoy it more without KYC..

That would make casinos as tools for money laundering knowing crypto are used for such activities especially those privacy coins. Which will cause a huge problem and probably would end up banning it, but since this is a business whose tax are more important to the government, regulating it will be beneficial to the casino owners and the government. It's a win-win situation.

[liuka]

The crypto gambling industry would’ve grown much faster if KYC wasn’t required. That was supposed to be the main difference from fiat casinos, where KYC is mandatory. The whole purpose of crypto is decentralization and anonymity, so obviously people enjoy it more without KYC..

That would make casinos as tools for money laundering knowing crypto are used for such activities especially those privacy coins. Which will cause a huge problem and probably would end up banning it, but since this is a business whose tax are more important to the government, regulating it will be beneficial to the casino owners and the government. It's a win-win situation.

Isn't it that laundering in casinos is now strict and rare, because with a withdrawal of thousands of dollars the casino immediately checks this withdrawal manually and when suspicion is found, the withdrawal can be canceled.
Meanwhile, what I know is that no-KYC in casinos is only limited to small withdrawals, larger withdrawals then KYC is still required normally.

[Taskford]

The crypto gambling industry would’ve grown much faster if KYC wasn’t required. That was supposed to be the main difference from fiat casinos, where KYC is mandatory. The whole purpose of crypto is decentralization and anonymity, so obviously people enjoy it more without KYC..

That would make casinos as tools for money laundering knowing crypto are used for such activities especially those privacy coins. Which will cause a huge problem and probably would end up banning it, but since this is a business whose tax are more important to the government, regulating it will be beneficial to the casino owners and the government. It's a win-win situation.

And they became subject for take down by government if said illegal incident will happen. We might see similar scenarios on mixers which they they are been taken out on the scene due to money laundering or fraud concerns.

Being not compliant with law might cause problem to casino owners which want to operate a legitimate operations. That's why also good to see that casino following what government asked because we can see their seriousness towards providing compliant platform to their players. People may argue towards this situation, but unfortunately government have control on things since they can eliminate those platform which does not comply to their laws.

[PX-Z]

Isn't it that laundering in casinos is now strict and rare, because with a withdrawal of thousands of dollars the casino immediately checks this withdrawal manually and when suspicion is found, the withdrawal can be canceled.

Yes, that's exactly why KYC was introduced, to prevent money laundering. Once suspicious activity is detected and proven, withdrawals are not only canceled, but the funds may also be frozen and the account suspended.

Meanwhile, what I know is that no-KYC in casinos is only limited to small withdrawals, larger withdrawals then KYC is still required normally.

Yes, normally that's the setup, also it's not only about large withdrawals, suspicious behavior can also trigger KYC requirements, such as consistently winning across multiple games or consecutive matches, which may raise red flags.

[mikel_012]

The crypto gambling industry would’ve grown much faster if KYC wasn’t required. That was supposed to be the main difference from fiat casinos, where KYC is mandatory. The whole purpose of crypto is decentralization and anonymity, so obviously people enjoy it more without KYC..

That would make casinos as tools for money laundering knowing crypto are used for such activities especially those privacy coins. Which will cause a huge problem and probably would end up banning it, but since this is a business whose tax are more important to the government, regulating it will be beneficial to the casino owners and the government. It's a win-win situation.

Isn't it that laundering in casinos is now strict and rare, because with a withdrawal of thousands of dollars the casino immediately checks this withdrawal manually and when suspicion is found, the withdrawal can be canceled.
Meanwhile, what I know is that no-KYC in casinos is only limited to small withdrawals, larger withdrawals then KYC is still required normally.

Not only that but in many casinos you also need to wager at least 1x the deposit before you can withdraw because many people used to deposit and take the money to another address. This way they used the casino as a mixer to hide the funds from illegal activities, and the government was going after them and the licenses because of this.

KYC and wagering made very hard to launder money with casinos so I can understand the reason but of course I dislike sending my documents to every website.

[Questat]

KYC and wagering made very hard to launder money with casinos so I can understand the reason but of course I dislike sending my documents to every website.

No one really likes sending documents to casinos, but the reality is they can require it anytime for verification. If we don’t like that, then we also have to accept the risk that our account might get closed if we refuse to comply.

It’s not like we’re money launderers or hiding something. The real fear is more about whether our documents could be misused or leaked and end up involved in illegal activities. Honestly, that kind of worry feels valid to me.

[Wind_FURY]

Should i move here instead of stake?

There is room for you to try out the services of the two casinos; it is very possible that you get to like and prefer Betpanda's service.

This is the best approach on indecision like this. He can always try the casino first since there’s nothing to lose when you register new account and deposit some money to experience what’s the difference.

I have Stake and Betpanda account which I compared them through my experience. I’m still a low VIP level tier on Betpanda so I can’t thoroughly give a full comparison but when it comes to experience they are both good since both platform are reliable.

It’s more on the preference on other features which every user have different choice.

I believe that the crypto casino industry has become so competitive, each casino should probably improve their V.I.P. campaigns, and actually start building a community behind their service.

But how could they build a loyal community to support them? - They could do this by giving their users more incentives. We as pleb-users shouldn't play in a casino if they won't offer more incentives.

I believe that more and more crypto casinos will offer "airdrops" of their own token as an incentive, like Shuffle and Yeet.

[Betwrong]

~

Next time I'm aiming for 2,000x+. Why bother with small stuff?

Don't get too excited and enjoy gambling. It's great that you've met a few targets in the past, but there's no guarantee that you'll meet your target every time. So don't spend more money than you can afford.

Yeah, about that. Guess what, mate, I hit it. Not in the first 20 bets and not even in the first 120, but I think I hit within 1,000 rolls or so, which, considering the multiplier, is a pretty good result too.

I was so excited that I messed up with the screenshot and got only this picture:



But then I went to My Bets, scrolled down a bit,  and there it was, or, like they say in good films, "it was there all along", meaning it was written in the stars that I hit it, my 2,000+



Next time I aim for 4,000+. Is it written in the stars that I hit it? I don't know, but I do want to find out.

[bettercrypto]

KYC is a mandatory procedure on almost all gambling sites, and I think that’s fair. There are people who like to register dozens of accounts on the same site — multi-accounting.

It is not mandatory, some casinos do not enforce KYC on their users, but just because KYC is not required does not mean that the casino will not ask you to verify your identity, it can happen, especially if there is suspicious activity, a large withdrawal amount, or there are indications of violations of their rules, KYC can be enforced to ensure that the account is truly owned by a legitimate user and is not involved in illegal activities.

This is the part that some gamblers or casino players seem to misunderstand when KYC (Know Your Customer) verification is requested from them they only think about themselves and claim they don’t want their privacy disturbed. But often, they’ve actually done something they didn’t realize would be flagged as suspicious by the support team, which is precisely why KYC was requested in the first place.

And instead of acknowledging it, they insist they’re in the right. However, the support team has already seen that the user committed a violation during their transactions. Meanwhile, there are other cases where KYC is genuinely just for standard verification purposes nothing more than that.

[Shishir99]

True, your info must be encrypted in an ideal scenario. BTW, your info is not safe with the government as well lol.

Well, the government already sold the national ID database to 3rd party, and it is already at risk. We had a prime minister named Sheikh Hasina, and she had a son named Joy, who actually sold the NID server copy to third-party companies, claiming he sold it to banks and NGOs for NID verification purposes. However, the truth is that most of our NID was already exposed on the dark net, and criminals can use that information to their benefit.

[memehunter]

True, your info must be encrypted in an ideal scenario. BTW, your info is not safe with the government as well lol.

Well, the government already sold the national ID database to 3rd party, and it is already at risk. We had a prime minister named Sheikh Hasina, and she had a son named Joy, who actually sold the NID server copy to third-party companies, claiming he sold it to banks and NGOs for NID verification purposes. However, the truth is that most of our NID was already exposed on the dark net, and criminals can use that information to their benefit.

Same here in my country. Recently a major news of breach in aadhar data surfaced. This was shocking because aadhar is supposed to be encrypted with a high level of encryption, but it seems the data is available for sell in the market lol.
First government forces you to share your information than uses it to exploit us whether through big companies or for controlling the masses.

[BlackBaron]

Yes, some casinos are not so strict at the beginning of registration, but keep in mind that we should fill in the registration with the correct data to anticipate things that are not desirable in the future. Now usually people ignore this so this is what causes problems.

I think the casino also has the right to be suspicious when at the beginning filling in with inappropriate data but after running we change it to valid data because of a need such as being required for KYC. Although some casinos allow us to change it, we should minimize the risk from the start.

I do not recommend providing different data during registration even if the casino allows it; it's risky because anytime they can ask for KYC and be able to use that data to verify if you are the real owner of the account. Also, they use that data because it is required for some games they operate. I heard if you are banned from that game at 1 casino, you can't play that game at other casinos. That's why I don't recommend giving different data because it can cause many issues in the future.
I am more confident to gamble if I provide my own info than if I provide random info. If the casino wants to check if you are the real owner, you can verify it without any issue.

Exactly as I said, although the casino allows or permits users to use random data during registration, we must consider the worst that will happen in the future. Casinos can also change their policies, although they will usually give advance notice.

As for me, I feel more comfortable and confident with the data I provided in the first place. Because I don't have to think about what the future holds, and even when there are KYC problems, we will have strong evidence with our data. Unless the person intends to cheat from the start, although not everyone intends that.

[Rruchi man]

I believe that the crypto casino industry has become so competitive, each casino should probably improve their V.I.P. campaigns,

When one casino improves on their VIP program, and they start attracting gamblers, other casinos will just copy the offers.

For a casino to stand out, it has to offer something distinct, something that not just any casino can copy.

For you, a gambler, caution has to come in too, because in your search for a casino with the best VIP program, be careful of casinos that have offers that are too good to be true for VIPs. Do you due diligence on them.

[BigBos]

I believe that the crypto casino industry has become so competitive, each casino should probably improve their V.I.P. campaigns,

When one casino improves on their VIP program, and they start attracting gamblers, other casinos will just copy the offers.

For a casino to stand out, it has to offer something distinct, something that not just any casino can copy.

For you, a gambler, caution has to come in too, because in your search for a casino with the best VIP program, be careful of casinos that have offers that are too good to be true for VIPs. Do you due diligence on them.

In a business, they have to innovate to be different from others in the same industry, be it in terms of promotions or benefits that users can get, like the contests they organize for example.

Any casino that doesn't bring something new to the table will slowly be abandoned by its users, in my opinion. And it's actually harder to retain users than it is to find new ones. So that's one of the things they should look into so that users don't switch to another casino. Because here we are given many choices of which casino to use.

[mikel_012]

True, your info must be encrypted in an ideal scenario. BTW, your info is not safe with the government as well lol.

It's a lot unsafer with the government.

In Brazil the data of all citizens was leaked many times. You can join many free telegram groups and send the CPF of any person that is the unique number of the citizen and return the full name, cellphone and even home address of anyone because the data is so available because of leakage the many official systems.

[vanesha]

back again betting on sports at betpanda, an interesting match, both teams are not much different, predicting it is a bit difficult because both of them often lose in every game, I decided Real Betis to be my champion tonight, can't bet much because the capital is very minimal, I really hope to win, the days are very tiring, time to relax

[Salahmu]

the casino allows or permits users to use random data during registration, we must consider the worst that will happen in the future. Casinos can also change their policies, although they will usually give advance notice.

As for me, I feel more comfortable and confident with the data I provided in the first place. Because I don't have to think about what the future holds, and even when there are KYC problems, we will have strong evidence with our data. Unless the person intends to cheat from the start, although not everyone intends that.

Casinos does not allow users to register using any random name or other data, if there are people who uses such random data is not because the casino gave them the permission to but because the casino does not no what there real information are but however the place were everything will be resected and transparent is when the use of Kyc will be mandatory to all the users before they can do anything that is when the casino can only no who is using there real data and who are not using there real data, so like you said is better using what you no is your real information so that there wouldn't be problem when there would be changes.