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Author Topic: Is KYC-free gambling becoming the new standard?  (Read 445 times)
rbynxx
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Today at 01:17:04 AM
 #61

but im just curious, if no-KYC is actually becoming the norm or its just another marketing thing ?

what do you guys think: would you trust a casino more if it doesn't ask for your docs or does that actually make it more suspicious? -_-
It was the norm even if there was this KYC thing, since most of these casinos doesn't need KYC in the first place, probably yes with a mild KYC like knowing your name or email but it isn't that fully required. I mean, it depends, trust goes in a lot different ways but I'd trust it if they really make a name in the industry for example the known casinos.

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Mr. Magkaisa
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Today at 04:00:47 AM
 #62

In cryptocurrency we are unknown and our transaction is transparent with out any identity of us. Then a cryptocasino should be anonymous also. no KYC casino is a good thing for players but I am ready for the KYC if I need to withdraw a very huge amount. As for now, I did not gave any for the KYC is any platform I played even I experienced some huge amount withdrawal.

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Today at 04:11:51 AM
 #63

but im just curious, if no-KYC is actually becoming the norm or its just another marketing thing ?
It is not a marketing thing but it is the opposite that kyc compliance has become the norm, yes a new normal. Wherein before, we do like non kyc casinos and we expect that most of them will never ask for it and doesn't have any issue during the withdrawals. But it has changed lately and everyone now expects that during withdrawals even with the smallest amounts might suddenly be asked for it.

what do you guys think: would you trust a casino more if it doesn't ask for your docs or does that actually make it more suspicious? -_-
Definitely, and I am happy that bitz isn't asking me that but maybe in the near future they'll force everyone to do it.


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Today at 04:17:05 AM
 #64

NoKYC is just a marketing strategy because if you win big, you will be asked for KYC verification so, how is that a NoKYC casino. Don't be decieve with that NoKYC banner by these new casinos because some of them  know that majority of gamblers love privacy and would rush to use a NoKYC casino.
This is the reason it is good to read the rules of withdrawal on the gambling site's terms of service because some gambling sites can say they are no KYC site, but they will have little withdrawal limit that the no KYC will cover.

But the worst thing about it is that the gambling site can demand for KYC at anytime even if they labelled themselves as no KYC site and it is regardless on the amount won that want to be withdrawn.

So what's the essence of no KYC in the first place? If there's a limit to what you can withdraw without, all are just to tell gamblers what they want to hear and get them to register first and buy their confidence. Crypto casinos would rather adhere to the AML policy in the country they're regulated than you think they would like to please. No KYC is a trick, because they target you when you win big, knowing fully well that it will be for you not to comply at that point, so everything is just a marketing strategy. I would rather do KYC first than get it requested later when I might win a big amount of money.

 
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