Post
Topic
Board Gambling
Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site
by
PuertoLibre
on 05/02/2019, 19:16:09 UTC


I can’t wait to see Ronnie’s response on this. Lol. In other words the country of Russia doesn’t allow cloudbet to be accessed so cloudbet tells people in Russia to use vpn so they can bet? HAHA

In other words cloudbet knows Russian citizens are using VPN and have been taking bets from them? This gets funnier by the minute.

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I don't know Cloudbet's position on this issue. But I know that many players from Russia play via VPN in cloudbet and they have no problems. In Russia, blocked all betting sites except sites licensed in Russia. More recently, cloudbet did not require anything about vpn maybe the policy has changed ?
My guess is that they don't filter IPs in database for specific country but they have right to ask reason behind using VPN. Asking KYC from customers is enough to solve this issues imho. Out of curiosity, if management have no strict rules against VPN then how they fight against promotion abusers..

They do. A US ip gets this as of today. The whole point is they don’t care where you are if you lose. But all of the sudden care where you are if you win. Lol

https://m.imgur.com/ujUI9ob

Sad reality,man Wink I also tried to create account with US ip using VPN and result is same for me. KYC is there for a reason but it shouldn't be about  unfair decisions based on principles which are unfairly applied in different ways to different people. Maybe creating DEX gambling sites will solve mentioned problems but these cases are still actual on gambling industry.

The KYC should be completed before the user is allowed to deposit. A easy way would be for cloudbet to implement functionality that locks the bitcoin or bitcoin cash deposit address until KYC is completed.

Otherwise anytime someone wins big cloudbet could simply claim the player is playing from a restricted territory on vpn.
Forcing customers to pass KYC will have typically undesirable effects. No need to ignore the laziness of gamblers who don't want to read terms&conditions before depositing money to gambling site. Honestly applying limit for mandatory KYC looks like more suitable for this case. Market makers know the psychology of gamblers except professionals and they act on their own discretion about  big amounts.