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

[BitMaxz]

However, I think KYC is actually more for the security of the platform than for the gambler. Casinos want to reduce their risk, so identity verification comes to the fore when you play big. It is almost impossible to avoid it if someone wants to play regularly or for big amounts. In my opinion, the problem is when people initially think that KYC will never be required. In reality it is almost impossible, especially in the case of licensed platforms. So for those who play a little to pass the time, it is not that big of a deal. But if someone is hoping to win big, then they should be mentally prepared in advance that KYC will come at some point.

Not actually just for the platform but also for the protection of the owner of the account. Without KYC, anyone who accesses your account can easily withdraw your big winnings, so having a KYC will help avoid it. Look at the local or physical casino. Do you think a minor can enter immediately? The guard will be ask for a proof that you are of legal age, like asking for IDs. So in online casinos, KYC is actually a must because this gambling business should follow local jurisdictions of each customer, not against the AML. If they totally remove the KYC, the government will totally force them to close and revoke their license and likely seize their assets, which is not a good idea if they do that.
So, they think of mixing it; that is why they don't ask for KYC for small deposits and winnings. However, if you win big, expect the casino to force you to verify KYC.

[Peanutswar]

~
However, I think KYC is actually more for the security of the platform than for the gambler. Casinos want to reduce their risk, so identity verification comes to the fore when you play big. It is almost impossible to avoid it if someone wants to play regularly or for big amounts. In my opinion, the problem is when people initially think that KYC will never be required. In reality it is almost impossible, especially in the case of licensed platforms. So for those who play a little to pass the time, it is not that big of a deal. But if someone is hoping to win big, then they should be mentally prepared in advance that KYC will come at some point.

More likely they are just seeking a KYC if there's some activities to the account that is seems suspcious so they wanted to know if that was a real player and avoid using bots and pilot accounts that abuse their current system. Most of the casino at the same time have a license to operate and of course its already indicated with their terms. We cannot remove the part of the player they wanted to play freely and KYC because we know tons of information internet arent safe so they just wanted to hide their identity which does the crypto offers and they wanted to apply with casinos too.

[stadus]

~
However, I think KYC is actually more for the security of the platform than for the gambler. Casinos want to reduce their risk, so identity verification comes to the fore when you play big.

That’s not really correct. Casinos could’ve already enforced KYC back when crypto gambling wasn’t even regulated yet, but they didn’t, because they understood that removing KYC would attract more gamblers, and honestly, most of us preferred it that way.

Now it’s different. Once licensing became a requirement and players started looking for licensed casinos, KYC stopped being optional. At that point, casinos didn’t have a choice anymore. If they want to keep their license, they’re required to implement KYC or they risk penalties. That’s the real reason KYC exists now, it’s not something casinos just decided to do, they’re forced to comply.

[dimonstration]

There’s a promotion on Betpanda X that requires the player’s image below to win 25€ as rewards. I’m not a football enthusiast but I guess it’s Haaland due to its white and hair color.

If anyone know about football and follow it recent years, they will easily know who is the player. It's very easy.

Only requirements is just 20€ deposit and 50€ wager. There’s only 10 entries so there’s high chance of winning. Promotion is until 01-26.

Original post here: https://x.com/betpanda_casino/status/2014831589079802315?s=61

So it turns to other requirements of deposit and wager for people who make their entries, and do something with deposits and wagers in order to be chosen as 10 winners. The main requirements are deposits and wagers, not guess the player, as said the player is very easily recognized. The image was not blurred too much so it's a kind of easiest guess the player level.

It's like a very easy marketing and reward distributions from Betpanda to community for enjoying the mini contest, playing time and the small reward.

Wagering and deposit is a good requirements to guarantee that only real Betpanda players will get the benefits and to avoid cheaters that using x account bot to have a multiple entry.

It’s a lot better than joining on giveaway that doesn’t have requirements but crowded by bot account that gives very low winning chances.

I only watch football a couple times per year and it just happened that Haaland is very popular. This help to make even a casual football watcher still find it easy to answer and participate.

[avp2306]

There’s a promotion on Betpanda X that requires the player’s image below to win 25€ as rewards. I’m not a football enthusiast but I guess it’s Haaland due to its white and hair color.

If anyone know about football and follow it recent years, they will easily know who is the player. It's very easy.

Only requirements is just 20€ deposit and 50€ wager. There’s only 10 entries so there’s high chance of winning. Promotion is until 01-26.

Original post here: https://x.com/betpanda_casino/status/2014831589079802315?s=61

So it turns to other requirements of deposit and wager for people who make their entries, and do something with deposits and wagers in order to be chosen as 10 winners. The main requirements are deposits and wagers, not guess the player, as said the player is very easily recognized. The image was not blurred too much so it's a kind of easiest guess the player level.

It's like a very easy marketing and reward distributions from Betpanda to community for enjoying the mini contest, playing time and the small reward.

Wagering and deposit is a good requirements to guarantee that only real Betpanda players will get the benefits and to avoid cheaters that using x account bot to have a multiple entry.

It’s a lot better than joining on giveaway that doesn’t have requirements but crowded by bot account that gives very low winning chances.

I only watch football a couple times per year and it just happened that Haaland is very popular. This help to make even a casual football watcher still find it easy to answer and participate.

If they won't put a requirements on their promotion for sure they will be targeted with abuses since there are lots of giveaways and other promotions abusers on that platform.

They can provably eliminate those bots doing that and make sure as you said that those people participate then win are real people plays in their casino. I don't join those giveaways if I know that there are lots of people or bots joined because I think the chance to win is so low.


Also look at this huge win, someone manage to turn his €3 to €75k, amazing and this is huge multiplier.

Source https://x.com/betpanda_casino/status/2015096631973040211

[Kasabus]

Also look at this huge win, someone manage to turn his €3 to €75k, amazing and this is huge multiplier.

Source https://x.com/betpanda_casino/status/2015096631973040211

This is a huge win, I saw it on their X account, but I haven’t seen  any replay link of how it actually happened. It would be nice to see how the win played out, similar to other big wins some casinos share with replays. By the way, I’m not really familiar with this game, so I’m wondering, is it even possible to share a replay for this particular one?

[Shishir99]

Now it’s different. Once licensing became a requirement and players started looking for licensed casinos, KYC stopped being optional. At that point, casinos didn’t have a choice anymore. If they want to keep their license, they’re required to implement KYC or they risk penalties. That’s the real reason KYC exists now, it’s not something casinos just decided to do, they’re forced to comply.

I am curious about the anonymous unlicensed casinos. I see a few casinos are running without a license. I even saw casinos with fake licenses. Do they really get any penalties? Why do the casino owners need their casinos to be regulated? Do they get any other advantages besides the permit? If they do not get any advantages, why do they need to be regulated? Some casino owners run their businesses without a license and may choose not to require KYC from players. Do the players think playing in an unlicensed casino is a risk? I personally don't care much about it.

[dimonstration]

Wagering and deposit is a good requirements to guarantee that only real Betpanda players will get the benefits and to avoid cheaters that using x account bot to have a multiple entry.

It’s a lot better than joining on giveaway that doesn’t have requirements but crowded by bot account that gives very low winning chances.

I only watch football a couple times per year and it just happened that Haaland is very popular. This help to make even a casual football watcher still find it easy to answer and participate.

If they won't put a requirements on their promotion for sure they will be targeted with abuses since there are lots of giveaways and other promotions abusers on that platform.

They can provably eliminate those bots doing that and make sure as you said that those people participate then win are real people plays in their casino. I don't join those giveaways if I know that there are lots of people or bots joined because I think the chance to win is so low.

Exactly the point. Real players should be happy with this requirements because it result to less competition and more chance of getting the rewards. Requirement is just easy to complete with low house edge games.

Also look at this huge win, someone manage to turn his €3 to €75k, amazing and this is huge multiplier.

Source https://x.com/betpanda_casino/status/2015096631973040211

I’m not familiar on this game but this is an awesome win. It’s freaking x25,000 win on 3€ is insane.

[Mahdirakib]

So it is useless for us to oppose it because it is part of their marketing strategy by saying No-KYC even though the practice is clear in their terms and conditions KYC is needed.

Yeah, it is pretty much useless now to raise voice against this type of marketing policy. Anyway, it looks like the Betpanda team is no longer using the word 'no-KYC' on their platform, and only kept the word anonymous to attract the users. Betpanda indeed requests for the KYC verification in rare situations. Still, their old marketing strategy was inaccurate and they have updated it now.

[Lakai01]

[...]
With the existence of some casinos that are truly no KYC free still if it is not popular we will never play at these casinos, we will play at casinos that are prominent on the forum because we have more confidence even though KYC will be requested at any time while the marketing strategy is NO KYC.

I'm asking this now because I genuinely don't know... are there still online crypto casinos that don't require KYC but also have a real gambling license and/or are regulated?

We recently discussed the topic of gambling licenses and the resulting KYC requirements in another thread, where I understood that a licensed casino needs a KYC policy and must implement it in order to keep its license!

Of course, if a casino does not have a license, KYC will not be necessary, that much is clear. However, everyone must decide for themselves whether it is wise to deposit large sums of money there.

[impulse709]

So it is useless for us to oppose it because it is part of their marketing strategy by saying No-KYC even though the practice is clear in their terms and conditions KYC is needed.

Yeah, it is pretty much useless now to raise voice against this type of marketing policy. Anyway, it looks like the Betpanda team is no longer using the word 'no-KYC' on their platform, and only kept the word anonymous to attract the users. Betpanda indeed requests for the KYC verification in rare situations. Still, their old marketing strategy was inaccurate and they have updated it now.

After a casino has included those clauses in their TOS, it does not really make much of a difference in reality to fight against the label no-KYC. At least Betpanda seems to have regained some sense and omitted the direct no-KYC statements, remaining with the more reasonable anonymity. The new marketing is more fair than ever, as long as the users realize that KYC may still be provoked under some circumstances. It is better to be transparent than sounding cute.

[stadus]

Now it’s different. Once licensing became a requirement and players started looking for licensed casinos, KYC stopped being optional. At that point, casinos didn’t have a choice anymore. If they want to keep their license, they’re required to implement KYC or they risk penalties. That’s the real reason KYC exists now, it’s not something casinos just decided to do, they’re forced to comply.

I am curious about the anonymous unlicensed casinos. I see a few casinos are running without a license. I even saw casinos with fake licenses. Do they really get any penalties?

They’ll eventually get penalized if someone reports them, or if the government decides to go after operators like that. But there’s a big difference between a licensed casino committing a violation and facing penalties, versus an unlicensed one.

What you’re describing more like an unlicensed casino, and that’s a different case altogether. They’re operating illegally from the start, so once they get caught, it’s no longer just about penalties or compliance, it becomes a legal matter that the authorities will deal with accordingly.

Why do the casino owners need their casinos to be regulated? Do they get any other advantages besides the permit? If they do not get any advantages, why do they need to be regulated? Some casino owners run their businesses without a license and may choose not to require KYC from players. Do the players think playing in an unlicensed casino is a risk? I personally don't care much about it.

There’s always the risk of getting caught, and in the worst case, even going to jail, which is exactly why operators need a license to run legally. Just look at CZ of Binance, it’s an exchange, sure, but the principle is similar. Once issues like money laundering come into play, regulators will step in.

An unlicensed casino has no proper coordination with bodies like Anti-Money Laundering Council, so they might not even realize they’re already accepting dirty money and helping launder it through their platform. That’s a serious risk, and once authorities notice, it’s no longer just a business problem, it becomes a legal one.

[tbct_mt2]

They’ll eventually get penalized if someone reports them, or if the government decides to go after operators like that. But there’s a big difference between a licensed casino committing a violation and facing penalties, versus an unlicensed one.

What you’re describing more like an unlicensed casino, and that’s a different case altogether. They’re operating illegally from the start, so once they get caught, it’s no longer just about penalties or compliance, it becomes a legal matter that the authorities will deal with accordingly.

Regulations on emerging industries and markets start with like no regulation, limited regulations to more and stricter regulations with time. With blockchain, cryptocurrency and online gambling industry, there was no regulation or very little regulations based on traditional industries applied to this new industry, but with time, it's naturally that governments adapted and changed their regulations more strictly.

Betpanda is like all other online gambling companies which all have to obey to newest regulations like having a license for their business, and other compliance with legal things like enforcement of KYC and AML on their platforms and on users.

There’s always the risk of getting caught, and in the worst case, even going to jail, which is exactly why operators need a license to run legally. Just look at CZ of Binance, it’s an exchange, sure, but the principle is similar. Once issues like money laundering come into play, regulators will step in.

An unlicensed casino has no proper coordination with bodies like Anti-Money Laundering Council, so they might not even realize they’re already accepting dirty money and helping launder it through their platform. That’s a serious risk, and once authorities notice, it’s no longer just a business problem, it becomes a legal one.

CZ and Binance are biggest and most famous examples of no business companies and founders can avoid legal issues forever if they did not start legally or did not adapt to legal changes at any time in the past. It's same with online gambling business companies which all have to stay tuned with newest changes from governments and adapt to these newest regulatory enforcement as soon as possible just for their legal adaptability, compliance and avoid legal problems which usually are costly for the company and founder.

[Peanutswar]

I did not expect that VP game ended up losing a 2:0 against Zero Tenacity this series well actually I forgot to make a bet it seems destined that I forgot this upcoming matchup.

For now im assured I will make a position bet this upcoming match of Aurora vs Rune Eaters though they meet already last January 10 and make a 2:1 in favor or Rune and last match next day ended up a 2:0 standing in favor with Aurora even though they are currently Top 13 in the world rank. Aurora has a win streak right now.

[MusaMohamed]

Wagering and deposit is a good requirements to guarantee that only real Betpanda players will get the benefits and to avoid cheaters that using x account bot to have a multiple entry.

It’s a lot better than joining on giveaway that doesn’t have requirements but crowded by bot account that gives very low winning chances.

I only watch football a couple times per year and it just happened that Haaland is very popular. This help to make even a casual football watcher still find it easy to answer and participate.

Haaland is very famous as one of brightest star players in this current generation after era of Messi, Ronaldo, Neymar, Bale, Hazard so anyone knows about football would know Erling Haaland. This makes the contest is no longer Guess the player contest but it is like an easy giveaway for "First comes, First serves" participants of the contest with their money in deposits, and enough wagering value.

That's it, I believe that nobody can guess this player wrongly while it's harder to be first ten participants come to Betpanda in this contest with deposits, then wagering enough time and value for being ten winners and receive the reward from Betpanda. Generally, this contest is more like a mini giveaway to true users at Betpanda. Some requirements after guessing the player are set for purpose like you said, to avoid cheaters joining.

[Slow death]

Also look at this huge win, someone manage to turn his €3 to €75k, amazing and this is huge multiplier.

Source https://x.com/betpanda_casino/status/2015096631973040211

I'm always very surprised when I see these guys who put a small amount of money into a session and are lucky enough to hit very high multipliers, because the probability of winning is so high that I believe most people spend years playing without ever hitting them. So, these guys who are lucky enough to hit these high multipliers, I wonder how long they've been playing with the same high multiplier? Unfortunately, none of them ever answered, but it's something I'm very curious to know.

[leonair]

Also look at this huge win, someone manage to turn his €3 to €75k, amazing and this is huge multiplier.

Source https://x.com/betpanda_casino/status/2015096631973040211

I'm always very surprised when I see these guys who put a small amount of money into a session and are lucky enough to hit very high multipliers, because the probability of winning is so high that I believe most people spend years playing without ever hitting them. So, these guys who are lucky enough to hit these high multipliers, I wonder how long they've been playing with the same high multiplier? Unfortunately, none of them ever answered, but it's something I'm very curious to know.

I have been seeing frequent multiplayer winning stories on social media for quite some time now. I have never had such good luck in gambling and I have never seen anyone win directly in front of me. However, I regularly see stories of such big winnings on social media. I am confused whether these are true stories or not. Who are these people who have such bright luck? How do gambling sites handle this when people frequently win big?

[BlackBaron]

Also look at this huge win, someone manage to turn his €3 to €75k, amazing and this is huge multiplier.

Source https://x.com/betpanda_casino/status/2015096631973040211

I'm always very surprised when I see these guys who put a small amount of money into a session and are lucky enough to hit very high multipliers, because the probability of winning is so high that I believe most people spend years playing without ever hitting them. So, these guys who are lucky enough to hit these high multipliers, I wonder how long they've been playing with the same high multiplier? Unfortunately, none of them ever answered, but it's something I'm very curious to know.

I have been seeing frequent multiplayer winning stories on social media for quite some time now. I have never had such good luck in gambling and I have never seen anyone win directly in front of me. However, I regularly see stories of such big winnings on social media. I am confused whether these are true stories or not. Who are these people who have such bright luck? How do gambling sites handle this when people frequently win big?

Sometimes when I see such a big win, I don't believe it, but they bring proof and will usually show me their re-spins and that they did get such a big win. But it happens because of luck and there are many more stories of people who are lucky like that, one of which is winning a very large lottery prize.

I've never had a big win like that, the biggest win I've had is 5000x and even then it's been very noticeable and makes me happy. I thought when I could be that lucky. Lol

When I see winnings like this, I feel like playing too, but I know that if I play then I also won't win if I'm not lucky.

[Akbarkoe]

Also look at this huge win, someone manage to turn his €3 to €75k, amazing and this is huge multiplier.

Source https://x.com/betpanda_casino/status/2015096631973040211

I'm always very surprised when I see these guys who put a small amount of money into a session and are lucky enough to hit very high multipliers, because the probability of winning is so high that I believe most people spend years playing without ever hitting them. So, these guys who are lucky enough to hit these high multipliers, I wonder how long they've been playing with the same high multiplier? Unfortunately, none of them ever answered, but it's something I'm very curious to know.

This is the craziest win I've ever heard of, €3 to €75k euros, I can't believe how lucky he is, especially since it's only January this year and he's already gotten that lucky, it's crazy for us normal people who have never had a bigger jackpot, Betpanda is really nice to people who win this big, and of course we always ask, when will we win big like that, especially if we only use small amounts, it must make many people desperate, even I myself am still confused why the big jackpot win hasn't come yet.

[BABY SHOES]

Betpanda indeed requests for the KYC verification in rare situations. Still, their old marketing strategy was inaccurate and they have updated it now.

As time goes by updates will continue to be made, but they will keep the word Anonymous as marketing and it is rarely updated.

Casinos are now closely monitored by the government that grants licenses.

I'm asking this now because I genuinely don't know... are there still online crypto casinos that don't require KYC but also have a real gambling license and/or are regulated?

2UP Casino.
This is the explanation... That's what I know.

Just to clarify, there is nothing in the ToS that asks for KYC.

We have not asked anyone for KYC, if we have this thread will explode.

We will not ask for KYC.

I don't know why this KYC is such an issue but we hear the feedback and we don't implement it.

Let's focus on the gameplay and other things, if we ask for KYC feel free to post the feedback here and forum members can punish us.

Please guys, the ToS has no KYC, we have been here a while and no one said there is KYC. What more is needed?

The AML stuff is standard text to satisfy regulators I don't know why some of you guys really really care about it.

Reputation is much more important, not gonna ruin it because some guy wins some money...