I got the link to do KYC on True Flip.
It is unfair, and not enough to prevent money laundering because you should imagine that what will happen if someone has big funds, and split funds into different accounts?
Basically KYC info is required when you deposit big and play big (thousands of dollars) monthly to protect us from money laundering. We also ask players to go through KYC as an antifraud check if they win big amounts.
You mentioned about preventive method, but how to make sure that you can detect them all on your site?
By the way, multi-accounting is prohibited on our platform as well so we ask users to pass KYC if he is suspected in creating multi-accounts.
It is the point, that I think all users, no matter they have big or small money on your site should do KYC.
In other words, they should do KYC after creating accounts, it is mandatory KYC.
To say more, licensed gambling websites like us are required by law to apply KYC policy to its customers when they start accepting card payments.
However if you are not a highroller and play occasionally using mostly cryptocurrencies, you can put your KYC procedure on hold.