🍀 Luckiest Crypto Casino | No KYC on routine deposits and withdrawals

[Orpichukwu]

Welcome to Bitcointalk Luckiest casino, you have made a professional announcement thread and a lot of things looks clean and clear. However,  most casinos that claim to be no KYC end of using KYC to deny players their winning when it becomes regular. Hope yours will not be like that, else you have to add the clause that will allow you ask for KYC when necessary.  Secondly,  is there any promotion for Bitcointalk like bonus that will enable users of the forum to try your platform before actually making deposits?

It's not a matter of still hoping; these days the word "No KYC" is very common among new casinos trying to market their brand out there. It appears in their heading and most of their information, but when you look at their policies, that's where you see the real thing, and they hide behind "We have the right to ask for KYC anytime our system considers your deposit or playing risky."

[Potato Chips]

Re: Deposit Bonus, thanks for the feedback. We'll discuss this and come back to you on this. A genuine question from our side, what would you think if you saw a welcome offer this month that you liked and were prepare to try but never got round to it. Then, next month your ready to give Luckiest a chance and you find out the deposit amount has increase or the wagering requirements has increased, would you then have a negative opinion on us and think we've moved the goal posts for now reason?"

Personally, I'm OK but maybe some folks may not be fond of abrupt changes like that, thus I suggest to lay it all out from the get-go. For instance, if you're gonna go for it, I suggest marking it as time-limited or you could add a countdown or something.

If you're still welcoming suggestions, luckiest could also do forum exclusive promotions like challenges, multiplier race, FS, bonus—you could cap the claims as well.

[Mandoy]

Welcome to Bitcointalk Luckiest casino, you have made a professional announcement thread and a lot of things looks clean and clear. However,  most casinos that claim to be no KYC end of using KYC to deny players their winning when it becomes regular. Hope yours will not be like that, else you have to add the clause that will allow you ask for KYC when necessary.  Secondly,  is there any promotion for Bitcointalk like bonus that will enable users of the forum to try your platform before actually making deposits?

It's not a matter of still hoping; these days the word "No KYC" is very common among new casinos trying to market their brand out there. It appears in their heading and most of their information, but when you look at their policies, that's where you see the real thing, and they hide behind "We have the right to ask for KYC anytime our system considers your deposit or playing risky."

I believe the key difference is that between No KYC by default and No KYC under any circumstances. Very few casinos will be able to guarantee the second, as they still have to have fraud prevention and regulatory compliance. Transparency is what's important. A casino claiming to be No KYC should make it very clear under which conditions the verification is to be requested and not catch users out after cashing in their winnings. It's what makes people feel confident about you. The No KYC claim is likely to be more feasible when routine deposits and withdrawals are done without KYC and the verification process is only happens in exceptional, well-defined cases. Regarding Bitcointalk promotions, several casinos provide unique promotions just for the forum members, so it will be great to know whether the team plans to have a signature promotion, deposit bonus or other rewards exclusive for the members of the Bitcoin talk forum.

[Futurexxx]

It's not a matter of still hoping; these days the word "No KYC" is very common among new casinos trying to market their brand out there. It appears in their heading and most of their information, but when you look at their policies, that's where you see the real thing, and they hide behind "We have the right to ask for KYC anytime our system considers your deposit or playing risky."

These are cheap tricks that do not bring a good name to a casino, because nothing beats honesty with your customers, especially when new in the space and trying to establish the name of their brand among other crypto casinos.
It's more better that everything should be written down and made known from the start, so that anyone that is using the casino will be sure of what to expect, when it comes to kyc, not by saying that they are a no kyc casino, but it might later be asked, if any transaction is suspicious.

[Pmalek]

The problem will remain the same with the sport section. The user can send the deposit amount with minimal fee, gets the funds credited into his account, place a sport bet then wait the result while the transaction still stuck in the network. If the bet wins, he can later increase the fee to finish the deposit process, and if the bet loses he can simply double spend the deposit transaction and get his money back. I think this is not a wise feature from any casino, and can be considered as a loophole in the system.

Regardless of the dangers, some casinos had a 0-confirmation deposit system. Even if there are a few cheaters, they would be removed from the site the first time they try something like that.

Regarding bumping the fee of bitcoin transactions. If you use RBF to increase the fee, you are creating a replacement transaction with a new transaction ID. The original transaction with the old transaction ID becomes invalid and non-existent. That would also invalidate whatever amount you won. You wouldn't be able to withdraw it because the system would consider that the initial deposit was never confirmed and never credited to your account. At last that's how I believe it is. 

Is this 0 confirmation requirements is truly possible now because even on Sportsbet back then they already removed it later on when I remember correctly.

I don't play there anymore, so I don't know. I did ask their AI support agent, and it claims that the site still supports 0-confirmation Bitcoin transactions.

A couple of questions for you, if you don't mind;

1.) If you deposit with a new casino and it takes a longer than your preferred casino, is that enough to put you off playing with them again? Or are there other factors you take into consideration?

If the deposit takes too long to be credited to my account and I miss the opportunity to submit my last-minute bet, I would probably go elsewhere the next time I want to gamble. Something even worse than that is if the casino causes issues with withdrawals and/or charges an unreasonable fee.

2.) Are you a welcome offer and bonuses player or do you prefer not to take bonuses and get in and out with fast gameplay?

I don't claim welcome bonuses because of the wagering requirements and other terms connected to them.

Re: Licence and regulation. We're governed by the laws of Costa Rica, when you setup a company in this jurisdiction they allow you to operate an online gambling business. Unlike more commonly know jurisdictions they don't have a seal of a approval. Is this important to you when choosing a new casino? "

It's not a deal-breaker if I feel the site acts honestly. A license does not equal trust and vice versa but it can be. I am sure there are players who would feel more comfortable with seeing a seal of authentication, though.

[Perfectbaby]

When a casino launches over here and directly purchase a copper membership rank it shows to me that you people came prepared and you know what you are doing, couples with you already had an insider who is also among the team because lot of casinos do come over here without directions and they usually find it too hard to navigate through the forum. However, what pick my interest is about the “No kyc on deposit and withdrawal “ but you didn’t talk about if is instant withdrawal or not. Of course, there are people are that comfortable gambling and revealing their identity so easily to third parties and they could also pick interest as well. The most things gamblers do look into are: quick deposit and withdrawal, no kyc or less kyc stress free and trust and lastly, quick customer support. When all these are found responsive then you are definitely going to earn the attention of most gamblers over here.

Anyway, welcome to the community, the official bitcointalk.org community.
Good luck with your project.

"Thanks for being the first person to welcome us to the community. We've been reading this forum and taking now for a while, we're now ready to share what we've been working on. We know that No KYC vs. KYC is a hot topic among the community and something that splits opinion. The approach we've taken is, if you deposit with Crypto, your gameplay is normal, you win and withdraw funds then no KYC is required. You see we also have FIAT payment methods (more in the pipeline) if you deposit with Visa or Mastercard you are required to provide some personal information to the payment provider (name, address, phone, emails) this is their requirement, not ours and we do not store this information. If you want to withdraw in FIAT (we support EUR with CAD and NZD due to be available in the next week to two) you will be asked to provider your name, Iban and Swift, again by the payment provider, not us and we don't store this information. This is required in order to reduce fraud and manage risk. It also helps defend chargebacks that are no genuine. The only time we might to ask for KYC information is when their is suspicious activity in gameplay or abusing bonuses.   

Re: Quick deposits and withdrawals. Crypto deposits are faster than FIAT. We're continuously looking at how we can improve this and where it sits among other business/product priorities. We see some coins take slightly longer, this is often due to the size of the deposit or the coin. For example, small SOL deposits take slightly longer than small ETH deposits. Withdrawals are fast, not instant, at least for now. We understand why this is important to players, especially from new brands that have still to build trust among players and communities like this. The flip side of that is, we're also open to abuse from rogue players. If your a genuine player, who deposits and wins we want to make sure your paid out as quickly as possible.

Re: Customer Support. We have 24/7 all huma customer support. We've all had those experience with AI support desk and it can be frustrating when you just want to speak to someone who can give you the answer, assistance, guidance you need in that moment. Our average pickup time is less than 2mins during peak times and every in our support teams has Crypto casino experience from a T1 operator.

Hope that covers it. "

Of course I usually understand that fact that Sol confirmation takes a bit longer time than that of other networks, for instance Trc20 deposits do not requires more time, it more like an instant deposit. Again, talking about fiat deposits I can see that it’s only two types of fiat deposits that is allowed which to me could be a limitation as well as not all everyone who would be that readily to make deposits through cryptocurrencies, whereas they could need to make deposits through fiat with their respective amounts.

However, I can see that you people had already launched a promotional campaign by one of the well known managers, this is a good move though. But I must also advise that you should at least be able to run to closely 1-2 years if you must gain the community trust and also gained more exposure around the community. There are lot of casinos that runs promotional campaigns for weeks or months and expect an instantaneous impact from the community without knowing that results doesn’t quickly comes immediately it’s launched rather could take longer time and if you are patient enough to involve your product in sponsoring some local contests hosted on the forum then this could be another avenue to remain strong and gain more trust from the community.

[Orpichukwu]

It's not a matter of still hoping; these days the word "No KYC" is very common among new casinos trying to market their brand out there. It appears in their heading and most of their information, but when you look at their policies, that's where you see the real thing, and they hide behind "We have the right to ask for KYC anytime our system considers your deposit or playing risky."

These are cheap tricks that do not bring a good name to a casino, because nothing beats honesty with your customers, especially when new in the space and trying to establish the name of their brand among other crypto casinos.
It's more better that everything should be written down and made known from the start, so that anyone that is using the casino will be sure of what to expect, when it comes to kyc, not by saying that they are a no kyc casino, but it might later be asked, if any transaction is suspicious.

It's indeed a cheap trick; there are better ways to market than to use a lie in front of your ads. Even if a casino is not too strict with KYC, they should not say they are a no-KYC casino. They can just make it clear, like, "It's not compulsory to pass KYC before playing, but if we suspect any activities, we have the right to ask for KYC." That way players will be fully informed of what they are getting into, well, those players who don't read casino ToS will be the ones to fall victim to such marketing schemes.

[Finebone]

However, I can see that you people had already launched a promotional campaign by one of the well known managers, this is a good move though. But I must also advise that you should at least be able to run to closely 1-2 years if you must gain the community trust and also gained more exposure around the community. There are lot of casinos that runs promotional campaigns for weeks or months and expect an instantaneous impact from the community without knowing that results doesn’t quickly comes immediately it’s launched rather could take longer time and if you are patient enough to involve your product in sponsoring some local contests hosted on the forum then this could be another avenue to remain strong and gain more trust from the community.

You made a great point here mate, consistency and patience is very important while doing a promotional campaign, because if they are not that patient, and they are expecting a quick result in just a few weeks or months, they will easily get discouraged once they are not getting what they expected.

But another problem is that, it's not that these casino does not know that running a campaign for long or other promotions will give more popularity to their casino, it's just that most of these casino does not have a bigger pocket or budget like the others, that's why most of them pause or end it because it's having a strain on their finance.

[panjul07]

However, I can see that you people had already launched a promotional campaign by one of the well known managers, this is a good move though. But I must also advise that you should at least be able to run to closely 1-2 years if you must gain the community trust and also gained more exposure around the community. There are lot of casinos that runs promotional campaigns for weeks or months and expect an instantaneous impact from the community without knowing that results doesn’t quickly comes immediately it’s launched rather could take longer time and if you are patient enough to involve your product in sponsoring some local contests hosted on the forum then this could be another avenue to remain strong and gain more trust from the community.

Signature campaign has nothing to do with trust since trust comes from real players who play on the site and feel that the site is reputable enough.
Means that longer campaign does not guarantee trust from the community, no casinos get real trust just because signature campaign.
Also longer campaign like 1-2 years also not guarantee of success because advertising without attractive/competitive products will be useless.
These days, gamblers are getting smarter as they do not only like how the casino advertise themselves but more about how good is the product which makes them attracted to be loyal players.