Would you rather….

[kotajikikox]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically which one is more important for you? Profit or Privacy?

[Charles-Tim]

I spend far less amount of money while gambling, so that does not make me bother about KYC. Also the government in my country make gambling legal which is another reason I do not have to hide while gambling. I care more about privacy in crypto where I have high amount of money. This is the reason I still prefer exchanges that have no KYC requirements, but it is a different thing for me while gambling.

[DubemIfedigbo001]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

This would've been good if there were life examples since I'm yet to experience winning big in a KYC casino and I couldn't withdraw my money while not breaking any SLA.

A quick reply. We visit the casino to have fun and make little cash and there's no justification to winning big and being denied withdrawal when you want, it's a red flag, people would avoid such casinos at all costs and after such an experience, I'm not coming back.

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically which one is more important for you? Profit or Privacy?

The former isn't totally profit, it's painful profit. I can't go well with the casino stressing me to withdraw my wins after complying fully with their KYC requirements. I'll settle for ease and privacy.

[serjent05]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically which one is more important for you? Profit or Privacy?

I'll try to get my KYC approved first before playing on the said casino that lets me win easily.  Until my casino KYC application is approved, I think I will try to play on that no-KYC casino.  In terms of importance, I think profit and privacy are both important.  And in the current system, almost all casinos require players to do KYC. If we want to gamble, I think we have to trust the website that they will take good care of our information and not be careless to leak it.

The gambling industry, specifically the crypto industry, is being regulated.  We have seen casinos that were once a no-KYC platform are now requesting their users to do KYC in order to continue to play in their platform.

[Richbased]

Are there casinos that allows you to win frequently simply because they have strict KYC? and are there also casinos where you get to find it difficult to win because they don't implement KYC?. However, what will be my gain if am being favored often times in a particular casino but unable to make withdrawals due to how difficult it is to pass their KYC verification. Any casino that makes KYC verification complex for it's customers is a red flag, even if you mostly get lucky to win in such casino but it's better that you didn't win a bet than winning and not able to make withdrawals. Casinos who do not require KYC verification is surely a casino that cares about the privacy of their customers but it doesn't mean that they can't be fraudulent.

[Porfirii]

Are there casinos that allows you to win frequently simply because they have strict KYC? and are there also casinos where you get to find it difficult to win because they don't implement KYC? -snip-

No, there aren't, as far as I know, and the OP answered to it too before the question:

-snip-

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically (...)

In my case, although this is not strictly what is being asked "hypothetically", I wouldn't mind to go through a KYC process if I won a big amount of money; what outrages me is having to give my personal data for very little money, which is not worth the risk of losing them due to a data breach.

Of course, I think that way because in my country gambling is legal too, but I understand that different laws on different jurisdictions carries different opinions.

[Wiwo]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically which one is more important for you? Profit or Privacy?

The problem is that, winning or losing had nothing to do with the kyc level of the casinos, you can win big on a decentralized casinos without kyc and well as also win big on centralized kyc compliance casinos, that been understood.

We have to realise that kyc enhance access in regions where there is high regulation for gambling like in the United States, above that kyc casinos may have more security for gamblers since they can legally sue the casinos in case of any violations of players right.

Decentralized casinos give gamblers privacy of data, since their dont require you handing over to them your documents for verification before you can use Decentralized Cason.

[m2017]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically which one is more important for you? Profit or Privacy?

If the goal of each gambler is to win, then it is more profitable to play in the casino where the prizes are higher. Even if there is a KYC. In this case, it seems to me, confidentiality can be neglected (with great reluctance), because all your interaction is reduced to the casino (deposit - withdrawal of funds). If you then want to use the withdrawn prizes to send to third parties, then what prevents you from using mixers? As a result, you get a high win rate (coefficients), as well as confidentiality (additional actions). Of course, this is all hypothetical, because your question is also hypothetical.

[stompix]

Lol, people are submitting KYC to no name companies for a $5 worth of tokens airdrop and they would even be willing to send a DNA and sperm sample for $25 and you're asking if they would perform KYC for a few thousand or even tens of thousands in winnings, comparing that to actually losing money?

Is this even a question in the reality around nowadays?  

[noviesol]

In theory a casino with no KYC shouldn't exist since all these game providers can only provide their products to licensed casino's. Ofcourse, there are loopholes to get around but these casino's can vanish at every moment.

For me the security and trust that I will get my money when I win is more important but still I wouldn't play at a casino with bad odds even if they are thrustworthy.

[Ronsbit]

At first, gambling for fun is the main focus, but if you win while gambling, it's your luck. As for me, I would prefer my privacy as I gamble for fun, so winning is just a plus because the main idea is just to do a little exercise by gambling and not for profit. People out there would prefer to gamble with such casinos because they win big, which is fine, and they give out their details to the casino, all in the name of kyc and having no idea what happens behind closed doors with their information.

As for decentralized casinos, one can win big as long as they follow the due process involved, and as we all know, decentralized casinos have no control, so everyone who uses them can easily get their rewards, irrespective of the amount in question. It is void of any third-party and KYC requirements, so it is it is possible to win big and withdraw from a DEX casino without any kyc.

[BABY SHOES]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

Hey... how do you define playing at a KYC casino but winning a lot... playing at an anonymous casino but not winning much?

Isn't this uncertain? But if you think about it using your theory, then it's better to play at a KYC casino and not worry about the difficulty of cashing out because in the end you can withdraw your winnings, right?

Profit or Privacy?

The advantage... they already have a lot and don't care about privacy anymore.

[arwin100]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically which one is more important for you? Profit or Privacy?

I'd rather choose to play on the casino which I know a good platform to play even if they have strict implementation of KYC, but I believe those hardship on cashing out is provably due to some verification but I'm fine with it as long as I can take my withdrawals at the end of the day.

Compare if we gamble on rigged with no KYC casino which is winning is uncertain since we are just wasting our time also money for playing in that casino. Also losing is no fun even if there are people say that they gamble just to have fun.

[swogerino]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically which one is more important for you? Profit or Privacy?

Not a big KYC guy here though if I won that much I have no problems playing there and in fact I would always love to play in a casino where I can win money a lot of times rather than in a casino that does not require KYC but I almost never win. If at both casinos I would have the same win ratio then without a doubt is the no KYC casino that I would choose. However I think the right question to ask here is "where would you play more KYC or no KYC casinos" without taking into consideration money or win ratio as you saw that in my case it influenced the choice because of money involved and remember that wherever money is involved things may change extremely fast.

[Rruchi man]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

If you are sure about your KYC documents, that you will be able to provide whatever required documents the casino may ask for, and you know you understand casino rules and can gamble in a casino without defaulting, you have no reason to be avoiding KYC or skipping on the profit you could make from gambling in a casino for a casino where you know that any day luck shines on you, you still will not be able to win so much.

[Gozie51]

Are there casinos that allows you to win frequently simply because they have strict KYC? and are there also casinos where you get to find it difficult to win because they don't implement KYC?. However, what will be my gain if am being favored often times in a particular casino but unable to make withdrawals due to how difficult it is to pass their KYC verification.

Op had already said it is a hypothetical question. So no casino does all that at least not for public notice. So for me I would prefer that I have chance of winning big but what I will do first is to pass their KYC before playing since I'm guaranteed to win if I play. I would do KYC first and get ready to withdraw soon as I play and win.

Any casino that makes KYC verification complex for it's customers is a red flag,

I don't think so buddy. If a casino has started what you need for KYC to be verified then if you are able to do them you will be verified. Moreover, to avoid feeling they are delaying your withdrawal unnecessarily, you need to do the KYC first before playing. I think red flag will be where you are done and verified with KYC and you are not able to withdraw immediately after winning is settled and confirmed.

[Maslate]

I’m not a criminal so i don’t really have a problem passing the KYC requirement. As a gambler my goal is to win, so obviously i’d play in a casino where i can win, and i’m sure my requirements will pass since they’re authentic.

At the end of the day there’s no point for a gambler, whatever platform it is, if you’re not winning.
It’s just a waste of time and money, why even bother.

[MArsland]

Would you rather play in a casino where you win a lot and big ones too but has strict KYC implementation and is a headache to actually cash out from or play in a casino with no KYC, totally private and secure but doesn’t let you win a lot?

I know that in casinos, there’s not much difference between rates of winning because it’s random but hypothetically which one is more important for you? Profit or Privacy?

The ideal casino preference is certainly one that aligns with the gambler preferences, offering easy play, a greater chance of winning, and smooth withdrawals. I believe that every casino on this forum strives to maintain its reputation by providing the best service. But ultimately casinos also need to comply with operational policies.

[danherbias07]

Profit. As long as it is a legitimate online casino. KYC is fine for me, and it also proves that a casino may be following the rules of its country against money laundering and other illegal activities.

Let's face it. Winning against the house is very hard when playing casino and slot games. So if we can win easily or fairly in exchange for following the rules, why not? Those who have experienced many losses will probably choose the same thing.

[Ronsbit]

I’m not a criminal so i don’t really have a problem passing the KYC requirement xxxxxxxxxxxxxxxxxxxxxxxx

No thought of anybody calling you a criminal, and you do not have any fears about the kyc requirement and it is your right to either accept or not do KYC, which is solely at your decision to make, but have you ever wondered why and what they do with all these documents they take from their community members, all in the name of kyc? Have you ever imagined a scenario where you apply for something and you are told someone with this identity is already registered, when you know you have never attempted to register on that platform before? Have you received a call before from an unknown person telling you that you registered on their platform with that number, and you know nothing about it? It happens, and I guess people here have had such an experience. These are sometimes the result of KYC one does without any prior knowledge of what their information is being used for. So it is not a matter of one being a criminal or not before they do KYC or not, it is just a privacy thing, and people so much respect their privacy and do not want their information elsewhere.