You Don't Need KYC to Lose $10,000. But You May Need It to Withdraw $11,000

[AHOYBRAUSE]

Same old I would say. They love to let you deposit, take your money and you can play, even if you are from a banned region or whatever, no problem at all. But wait, don't be in profit for like 10$, because that's what they hate and they will show you by giving you the runaround requesting document after document, refusing them even though it's the exact thing they asked you to send.
Casinos and their TOS are the biggest hypocrites out there. Same with all those "no KYC" adds we see in here, 95% all ask for KYC sooner or later after you have a win, no exception and protected by their TOS. Makes you wanna throw up.

[Sandra_hakeem]

NO-KYC marketing is incredibly deceptive and dishonest and I do not pay attention to any platform that does or supports this kind of BS.

Usually KYC is required but I have no idea why casinos only demand it on withdrawals. Perhaps to lessen the work load? I imagine having to KYC every single person who comes through the site, whether they win something to withdraw in the first place and then be expected to keep gambling is maybe a factor?

I would consider that it lessens the work load because, just like in our forum, hundreds if not thousands of accounts are created every single day. If the verification process was not automated; proxy bans issued when the IP detection is completed and every other thing was verted manually like the kyc, it means you'd have to manually verify accounts that may not show up after the date of creation.

I also see it as a strategy to slow down your pace especially after a huge win, leaving the room to have you decide to try out other sales and stuff

Why do exchange websites not do this? They would never allow someone to trade, whether they make a profit or not, on their website. They do not wait for the person to first request withdrawal before "springing the trap".

[Odusko]

Same old I would say. They love to let you deposit, take your money and you can play, even if you are from a banned region or whatever, no problem at all. But wait, don't be in profit for like 10$, because that's what they hate and they will show you by giving you the runaround requesting document after document, refusing them even though it's the exact thing they asked you to send.
Casinos and their TOS are the biggest hypocrites out there. Same with all those "no KYC" adds we see in here, 95% all ask for KYC sooner or later after you have a win, no exception and protected by their TOS. Makes you wanna throw up.

When a casino promote ads that their are NO KYC, the first to do is to check if their are decentralized casinos (DEX), but if their are not, you should no that saying no KYC is a bait to get you into losing your money, because if you are from a banned country, when you win you be ask to verify documents, and in this case you can't verify because your documents be invalid. Is better to choose a well known casino that don't hide their KYC demand in the TOS.

[Versatile_choice]

When a casino promote ads that their are NO KYC, the first to do is to check if their are decentralized casinos (DEX), but if their are not, you should no that saying no KYC is a bait to get you into losing your money, because if you are from a banned country, when you win you be ask to verify documents, and in this case you can't verify because your documents be invalid. Is better to choose a well known casino that don't hide their KYC demand in the TOS.

This is true, it's better we go for non KYC casino than to go for the one that pretends that they are non KYC or hide their KYC demand just like you Said. But the question is how will you know that they are hiding their KYC demand or does it mean that all the casinos that claims that they are non KYC are all pretending? I believe there are some casinos that is real when they say that they are non KYC casino but you hardly get them , so the best way is just to go for KYC casino because even though you go for non KYC casino they will demand for KYC it in the future. Many gambling site is just using that as a means to get more customers in thier industry.

[Lida93]

In the case of Stake.com, the matter is very simple. They will ask you to do KYC after taking the deposit, which is not the case. In fact if you do not complete your  level-1 KYC, they will not give you the deposit address. And you will not be able to make any deposit . All casinos should follow strict rules like Stake.

Actually you can make deposit without KYC but you will not be able to withdraw. This is a kind of scam. I think at least the issue of returning the original deposit should be considered separately from the confiscation of winning, if the casino itself has accepted that deposit first.

Why it's done this way it's simple. It's believed that ones a customer makes a deposit he/she would be self-compelled to do any KYC verification that follows thereafter deposit, just so that can have access to their funds. The strategy may look like a scam on the customer but it's just one way casinos gets customers to pass KYC base on AML regulatory policy which the casinos are bind by law to comply.

There are casinos that gives the customers time to use the platform, it could weeks to month before they request for KYC, but some casino demands it immediately after a first deposit or withdrawal is promoted by.

[Powerjumboo]

Great write-up on KYC and VPN complications in the crypto gambling industry op. Almost all crypto gambling sites can KYC you at any stage while very few will never KYC you which is something I learnt a long time ago. Be prepared to get KYC'd anytime basically.

Also, it's best to stick to sites that don't restrict your country in any manner whatsoever. However, if the site doesn't restrict your country, but your country banned it, it's totally fine accessing them via VPN though confirming with customer support helps.

If you want to play at a casino via VPN, never play for large sums of money. If there's a dispute, your account could be blocked, your money could be lost, and the casino would be right because they have a list of countries they operate in. Moreover, after a big win, the casino will likely require you to pass a КУC, which will make it clear you violated the casino's rules. After that, everything will depend on the casino, but I wouldn't want to find myself in that situation.

You have made a very good point because you should gamble with a small amount of money on a casino platform that is accessed by connecting to a VPN or it is better not to gamble on a casino platform that requires a VPN connection because if you gamble by connecting to a VPN, if any information is asked for there, such as personal KYC, then it will not be easy for us to submit KYC there and if we win a big amount of money on that casino platform and if KYC is asked at that time, we will not be able to complete KYC, as a result, we will not be able to withdraw our winnings according to their rules. Therefore, it is always better to use the casino platform that allows you to enter the casino platform without connecting to a VPN and has permission.

[Hispo]

Same old I would say. They love to let you deposit, take your money and you can play, even if you are from a banned region or whatever, no problem at all. But wait, don't be in profit for like 10$, because that's what they hate and they will show you by giving you the runaround requesting document after document, refusing them even though it's the exact thing they asked you to send.
Casinos and their TOS are the biggest hypocrites out there. Same with all those "no KYC" adds we see in here, 95% all ask for KYC sooner or later after you have a win, no exception and protected by their TOS. Makes you wanna throw up.

At least there are casinos which don't use those deceiving advertisements and promoting tactics, implying their services are free from KYC when in reality it is a lie.

I believe the gambling market on the internet and within the crypto ecosystem is just so crowded and saturated that most small and unknown casinos see themselves in situations where they are "forced" to deploy any tactic in their arsenal in order to get as much attention as possible.

Competition in these markets leads to innovation and good offer for gamblers (clients), but also brings out the worst of some actors.

[WhoYouCantKill]

This is true, it's better we go for non KYC casino than to go for the one that pretends that they are non KYC or hide their KYC demand just like you Said. But the question is how will you know that they are hiding their KYC demand or does it mean that all the casinos that claims that they are non KYC are all pretending? I believe there are some casinos that is real when they say that they are non KYC casino but you hardly get them , so the best way is just to go for KYC casino because even though you go for non KYC casino they will demand for KYC it in the future. Many gambling site is just using that as a means to get more customers in thier industry.

The problem with gamblers is that we often forget or even decide not to make our findings properly. Just because a casino doesn’t demand KYC during or upon registration makes us automatically assume that the casino is a non-KYC casino, which isn’t right at all. Although, not all gamblers actually have a problem with releasing their data, but for those who are very cautious about releasing their information, it’s crucial to always go the extra mile to make sure they find out if the casino actually has KYC demands or not, and not just operating on mere assumptions.