Post
Topic
Board Gambling discussion
Merits 2 from 1 user
Re: Multi-accounts, the industry-standard and KYC.
by
Thekool1s
on 01/03/2020, 02:22:11 UTC
⭐ Merited by o_e_l_e_o (2)
First of all, thank you all for participating in this discussion. I have really enjoyed reading what you guys have shared so far. I pretty much agree with what @tyKiwanuka said so far, the only point I will contest tho is the following...

Quote from: tyKiwanuka
And when you are able to make lets say 1,000,- with one identity, then people are willing to provide you with their identity, if you offer them 100,- for it. They can feed their kids with that money and don't care about possible consequences then.

TBH this is kinda stretching it... Most online FIAT casino's don't accept clients from developing economies so even if you get their Identity for let's say 100 bucks or so, it will be useless as it won't help you in your verification process. I did some googling and found on average it will cost you around 50 bucks to get your hands on a fake Utility bill. Given if you aren't handy with something like adobe illustrator it will cost you more to create multiple identities. A fake passport can cost anywhere from $250-$500 at least this is what I found via google, I'm sure there are many blackhat forums where you might be able to get your hands on a bit less, I still put the figure around the $200 mark for a single fake identity along with a utility bill.

I kinda agree with what @o_e_l_e_o has said regarding dropping the promotions/Bonuses. We have to keep in mind Cryptocurrienies aren't FIAT. They can't be printed out of thin air like FIAT nor they can be borrowed from an entity by pressing a few buttons. Dropping promotions/Bonuses seems to be the real solution here. It respects the values driving the cryptocurrencies and basically takes the power away from the casinos to screw over their clients... I see no reason why would a casino require a KYC, if they had no promotions or Bonuses. The users also need to respect these values, you can't expect 100% deposit bonuses for the reasons I have stated above...

It should be either you give up your privacy for these 'fake' bonuses on the FIAT casinos which you will most likely end up losing anyway or have your privacy by not expecting some crazy bonuses or promotions and these crypto casinos should try to adhere to these values. They should either foot the bill by offering these bonuses and promotions or drop them all together... We as a community need to stand together, we need to frown upon these 'crypto' casinos/bookmakers which require users to perform a KYC. Having to go through a KYC verification defeats the very purpose of using Cryptocurrencies in the first place... I dunno why as a community we have kind of submitted ourself to these requirements when actually we don't even have to give out the smallest detail like which browser we are using let alone perform a full KYC.

Thoughts?