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Author Topic: Is NO-KYC nullifying responsible gambling?  (Read 774 times)
Aanuoluwatofunmi
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February 19, 2025, 01:55:31 PM
 #81

No KYC gambling is only a privilege for us to have an opportunity to gamble being anonymous, having everything that concerns our personal data conserved without giving them to any platform, this is what most crypto gamblers desires, because they know the value of privacy when it comes to dealing with any third party platforms in relating our information, so all these are not measures for irresponsible n gambling behaviors, but to help us achieve securing what we value when gambling.

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Volgastallion
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February 19, 2025, 03:40:36 PM
 #82

No KYC gambling is only a privilege for us to have an opportunity to gamble being anonymous, having everything that concerns our personal data conserved without giving them to any platform, this is what most crypto gamblers desires, because they know the value of privacy when it comes to dealing with any third party platforms in relating our information, so all these are not measures for irresponsible n gambling behaviors, but to help us achieve securing what we value when gambling.

Yes and not only that, if you are in a very strict country makes you can play when you maybe cant for the laws.

Crypto world make gambling without KYC much more easy and a super fast way, but in the real world in develop countries that was very impossible to have. Or you are gonna fall into very suspicious and dark markets.

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ethereumhunter
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February 20, 2025, 02:34:20 AM
 #83

Most of the casinos we play at are already regulated, yet many of them don’t implement KYC, which makes them more attractive to gamblers. But it all depends on how strict their regulators are or how big they get, once they grow too much, regulators will eventually notice.

Take Stake, for example. It’s a well-known casino, and I had an account there for years, gambling without KYC. But last year, they set a deadline requiring users to comply with KYC by the end of the year, or else their accounts would be restricted to withdrawals only. That’s the likely scenario for any no-KYC casino today, it might not stay that way forever.
The casino may not implement KYC to their members because of many things. Some people do the same thing repeatedly so ordinary people will not think too complicated. The reputable casinos will not let other people say many bad things about them. They don't search for the enemies but they want to cooperative while investigate it and check everything. If they don't mind, let go to the other manor and see what will happen.
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February 20, 2025, 03:01:43 AM
 #84

Are there legal non-KYC casinos? I feel like all casinos are usually held to some extent at some sort of accountable measure by some governing or financial authority.

Well, I have not heard of any legal non-KYC casinos yet, but as I previously stated, it is just for marketing purposes to target these people with no restrictions, and I believe they will ask for KYC if they become popular. This will become legal once they reach the required number of gamblers at their casino. I am not a casino owner, but based on previous casinos, I have heard that they initially promote the casino, then after a few months, it becomes legal and then requests KYC.


Gotcha, I bet you once they finally become legal and they request KYC they probably ask for some record of all transactions or something in the time it was not legalized perhaps and so maybe some form of trace becomes possible if that instance occurs. It seems like if you want to have no KYC on anything it either needs to be a start up venture like you're saying where they aren't as well known yet and the authorities aren't yet quite aware of it's existence, not just for gambling but anything crypto related basically demands KYC and AML if you really want to cover your ass an owner/ operator, which you definitely should be inclined to given the nature of this business and the potential consequences that could ensue if you're stuck in between a rock and a hard place.

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Rustam Meraj
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February 20, 2025, 03:45:30 AM
 #85

It is not easy to have a casino that is no-KYC because many casinos has been regulated by the regulator and impose KYC to their members. Maybe you can see a small list of no-KYC casino. When the regulator come, that casino will be ask to follow their regulation.

Maybe that will not impact to the responsible of gambling practices because that will depend on each gambler. They must know responsibility will on the gamblers side and not because the casino or even regulator. When someone gambling, he must know about responsibility, discipline, and other things to avoid the problem that can happen in gambling.
You are correct that casinos struggle to operate without KYC because of strict rules. Many casinos must follow these rules but some manage to operate without KYC for while until authorities intervene. You are also right that responsible gambling depends on individual player. It is up to each person to be responsible and disciplined and aware of their actions when gambling. Casinos and authorities can offer guidance and protection but it is the player job to avoid bad habits.

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Nwada001
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February 20, 2025, 02:32:20 PM
 #86

No KYC gambling is only a privilege for us to have an opportunity to gamble being anonymous, having everything that concerns our personal data conserved without giving them to any platform, this is what most crypto gamblers desires, because they know the value of privacy when it comes to dealing with any third party platforms in relating our information, so all these are not measures for irresponsible n gambling behaviors, but to help us achieve securing what we value when gambling.
If not for regulatory compliance between casinos and regulators, crypto casinos should have just been operating without the need for KYC; they can only get licensed with regulators to get the permits to operate and serve their citizens.

But due to the known attitudes of government, as they want to watch over everyone, it's the reason why they have made KYC a compulsory something for gambling platforms to follow, so seeing a casino that offers their service without the need for KYC is indeed a good thing for gamblers, but on the other hand, it shows that they are not being watched by any government agency, which could, to some length, be risky in terms of fund safety unless for those that have a reputation to protect.

 
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YOSHIE
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February 20, 2025, 02:54:58 PM
 #87

But rather also easy access to illicit use such as by minors, etc..
That is certain and clear, some studies have proven online gambling sites that are the target of minors.
I think the online casino that applies the KYC feature alone can trick the casino with fake KYC, what else online casino without KYC.

For me there is no responsibility in gambling for users, whether casino is not-kyc or KYC casino, illegal or legal, it all depends on the user and the casino, actually who often have no troubled online gambling online gambling, users can do multi-ankun and also site voters get bogem repeatedly.

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February 20, 2025, 03:13:13 PM
 #88

it depends on how the gambler is, whether it is kyc or not, if from the beginning he is not responsible for their gambling, then in the end he will become addicted ... because simply responsible gambling starts from oneself, kyc is only one way for casinos to prevent money laundering, limit minors, and regulatory compliance. while responsible gambling starts from self-awareness and control, then assisted by the restrictions imposed by the gambling platform. if the gambler does not have good gambling habits, then even if all casinos require kyc or not, he will still gamble in any way.

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February 20, 2025, 03:26:10 PM
 #89

I recently noticed a trend where no-KYC crypto casinos are becoming increasingly popular in regions with strict regulatory environments. What do you think are the key factors driving this shift, and how might it impact responsible gambling practices?

When thinking of the impact on responsible gambling practices it's not just the overcoming of strict regulatory environments I have in mind. But rather also easy access to illicit use such as by minors, etc..
First of all, whether a casino is KYC or non-KYC does not have a direct effect on whether the individual engages in responsible or irresponsible gambling. If you go to a KYC casino and spend more money than usual, or spend your whole day there, it is still considered irresponsible gambling. The KYC casino will not monitor you, chase you out, or log you off the site. In fact, they are looking for your money, so they will let you play on.

On the other hand, non-KYC casinos can accommodate minors and facilitate other illegal activities because the are a so-called 'safe space' that allow some players to engage in shady activities. Also, non-KYC casinos have a large population because many people want to bypass KYC requirements. Some individuals don't want to provide their legal documents for because they are insecure about sharing their sensitive information with the gambling site or are looking for ways to engage in illegal activities using the gambling site.

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February 20, 2025, 04:01:05 PM
 #90

I recently noticed a trend where no-KYC crypto casinos are becoming increasingly popular in regions with strict regulatory environments. What do you think are the key factors driving this shift, and how might it impact responsible gambling practices?

Is NO-KYC nullifying responsible gambling? the answer in my opinion is it has nothing to do with KYC casino or non KYC casino as long you are responsible for your gambling with or without the KYC it doesn't really matter.
KYC is used by the government to know your customers and to be part of Anti Money Laundry system thatwas  created to protect its users or maybe gov just want your data haha.

Responsible gambling is your responsibility and casinos just give some advice that gambling is high risk game and sometimes they put help line to stop gambling in the footer of the site


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February 20, 2025, 04:57:08 PM
 #91

it depends on how the gambler is, whether it is kyc or not, if from the beginning he is not responsible for their gambling, then in the end he will become addicted ... because simply responsible gambling starts from oneself, kyc is only one way for casinos to prevent money laundering, limit minors, and regulatory compliance. while responsible gambling starts from self-awareness and control, then assisted by the restrictions imposed by the gambling platform. if the gambler does not have good gambling habits, then even if all casinos require kyc or not, he will still gamble in any way.
Even if we talked in a context in which those people who eventually get addicted did not have access to internet casinos, they would still continue to gamble away their money in some way, if their addiction is strong enough to drive then in such direction.
There are establishments, like betting shops which dont care to ask for much personal information, as long as one has money to bet. Lotteries do not ask their gamblers to submit their information in order to buy a ticket either. I have even seen people forming and opening Whatsapp groups in order for them to bet on specific leagues and sports, being one of the members the one in charge of giving custody to the money of all of them.

So in reality, KYC is not a real barrier when comes to people gambling responsibly it or not, someone will continue to be irresponsible regardless they are asked to hand their personal information over to a third party.

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February 20, 2025, 08:35:31 PM
 #92

Casinos with absolute no KYC policies are rare
I think not rare but maybe their numbers are getting lesser now.

Casinos with absolute no KYC policies are rare, even when a KYC claims no mandatory KYC it doesn't mean they will never ask for KYC. It's just triggers only when they suspect a user to be laundering or violating any other terms. Even those casinos have listed banned and restricted countries so it's the people to be blamed for bypassing the limits.
Yes. But that is obvious already. And we must not be confident that we will never get asked for it even if we know that it is possible and even if we already read their rules and regulations. It is also better if we are willing to do the KYC, just in case. Only those sites that claims they have no KYC even mandatory are the real ones that are legit to not have a KYC. We can verify it by going on their TOS page.

Another thing is by asking their customer support and admins. Those that has a restricted and banned list are definitely the casinos that has a KYC. Yes it is only our fault if we got caught out bypassing their limits. It is not their fault to have those rules because they are only following the orders of the government.

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February 20, 2025, 09:05:56 PM
 #93

No KYC gambling is only a privilege for us to have an opportunity to gamble being anonymous, having everything that concerns our personal data conserved without giving them to any platform, this is what most crypto gamblers desires, because they know the value of privacy when it comes to dealing with any third party platforms in relating our information, so all these are not measures for irresponsible n gambling behaviors, but to help us achieve securing what we value when gambling.

Exactly, NO-KYC does not do anything in order to make gambling more irresponsible than it already is even with KYC. It is all because of the players behavior, if they are addicted they won't give a f*ck about KYC or not, in fact I have seen quite a lot of them complaining in the chat of reputable casinos that they got an email from the very casino that you had made enough deposits for today, one of them had lost 10 deposits in a row and the casino sent them an email acknowledging their status and somewhat trying to limit the damage these persons were doing to themselves. Now don't get me wrong, the casino does not give a shit about the gambler well being, they just want to be complaint with the law and responsible gaming, so next day the guy deposited another 10 times and lost another ten times. Nothing to do with KYC or non KYC.

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February 21, 2025, 04:43:55 AM
 #94

-snip-
So in reality, KYC is not a real barrier when comes to people gambling responsibly it or not, someone will continue to be irresponsible regardless they are asked to hand their personal information over to a third party.
Whether they are responsible or not depends on their own mindset, whether they want to do KYC or not certainly does not have much effect on them.
KYC is only needed for Casinos to know who their players are and of course to avoid illegal transactions that could occur.



Casinos with absolute no KYC policies are rare
I think not rare but maybe their numbers are getting lesser now.
-snip-
Reducing or changing the rules from No-KYC which then accepts KYC with some specific rules or conditions, such as the maximum amount achieved or large transactions made.

This is also done to follow the regulations set by the jurisdiction of the casino government, otherwise it will only be considered an illegal casino without an audit and regulation set by the government.

 
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February 21, 2025, 05:01:15 AM
 #95

You are correct that casinos struggle to operate without KYC because of strict rules. Many casinos must follow these rules but some manage to operate without KYC for while until authorities intervene. You are also right that responsible gambling depends on individual player. It is up to each person to be responsible and disciplined and aware of their actions when gambling. Casinos and authorities can offer guidance and protection but it is the player job to avoid bad habits.
Your also right because casino can be control by regulator easily so casino will impose KYC to their members. Their member can not avoid that and will follow the new rules from the casino but they can move to other casinos that will not have a strictly rules. But that will only a matter of time before those casinos also impose KYC to them. The regulator want to control the casino remind of the income that the regulator will accept from gambling business as a tax. So when we really want to playing gambling without any problem, we should follow the regulation and always strictly limit ourselves using the funds that will not too big.
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February 21, 2025, 05:50:08 AM
 #96

We all feel differently about our anonymity, power, regulators, laws and passing KYC. Each of us is right in our own way, so I don't see any problem when someone seeks to gamble at a gambling site that doesn't require KYC or gambles at illegal casinos. It's good that we have a choice. And in general, lately every exchanger and centralized exchange has in its arsenal AML-check wallet, so dirty funds can block even without KYC and refuse to exchange such funds. 

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February 21, 2025, 06:03:47 AM
 #97

I recently noticed a trend where no-KYC crypto casinos are becoming increasingly popular in regions with strict regulatory environments. What do you think are the key factors driving this shift, and how might it impact responsible gambling practices?

When thinking of the impact on responsible gambling practices it's not just the overcoming of strict regulatory environments I have in mind. But rather also easy access to illicit use such as by minors, etc..
Personally, I think that even with KYC, minors still have access to casinos, so even non kyc casino changes nothing if you ask me for any one who wishes to access a kyc casino can still do unhindered as long as they have their way.

My only concern as regard non kyc casinos is that most of them are likely or will likely turn to scam, like I believe some users must have mentioned, scammers know that most gamblers hate kyc, and they might be taking advantage of this to launch non kyc casinos just for the sole purpose of scamming people, by this, my advice would be that gamblers be very careful when choosing a non kyc casino to gamble on.
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February 21, 2025, 06:11:14 AM
 #98

I recently noticed a trend where no-KYC crypto casinos are becoming increasingly popular in regions with strict regulatory environments. What do you think are the key factors driving this shift, and how might it impact responsible gambling practices?

When thinking of the impact on responsible gambling practices it's not just the overcoming of strict regulatory environments I have in mind. But rather also easy access to illicit use such as by minors, etc..

KYC helps curb irresponsible gambling especially when underage kids try to gain access to different casinos. With proper verification no one under the age of 18 would be able to gamble, this is how it should be but it's quite disappointing that most casinos and bet sites no longer require KYC, this is the reason why a lot of kids get exposed to the dangers of irresponsible gambling. No-kyc encourages these irresponsible acts to go on and if it's left unchecked most of these kids of 16 to 17 will become chronic gamblers by when they are in their 20's. KYC must be implemented because of things like this, it goes a long way in controlling it.

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February 21, 2025, 06:17:43 AM
 #99

My only concern as regard non kyc casinos is that most of them are likely or will likely turn to scam, like I believe some users must have mentioned, scammers know that most gamblers hate kyc, and they might be taking advantage of this to launch non kyc casinos just for the sole purpose of scamming people, by this, my advice would be that gamblers be very careful when choosing a non kyc casino to gamble on.

Having KYC guarantees absolutely nothing. And not only in relation to the casino, but in general. It is enough to recall the FTX exchange as an example of fraud, which is "plastered" on all sides by KYC and regulatory documents. Customer identification was not invented for the safety of customers and their protection from fraud. It was invented to monitor customers and collect taxes from them for every breath.

 
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February 21, 2025, 07:38:26 AM
 #100

No KYC gambling is only a privilege for us to have an opportunity to gamble being anonymous
I prefer to use the word "private" instead of anonymous used by you in this context. No-KYC gambling can shield us from anonymity, it's the further actions we take by using VPN, mixers etc that can help us further ensure some levels of anonymity. Anyone with good technologial intelligence that is determined to catch you can still easily trace you by using the normal gadgets and local IPs. The only good side of the no-KYC is that you don't share your data anyhow (privacy).

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