Post
Topic
Board Gambling
Re: 🔥 Bets.io ✅ Bitcoin Casino ❓ 24/7 Customer Support 🎰 Instant Withdrawals
by
magneto
on 13/06/2021, 04:20:14 UTC
But to be sure this site 100% needed KYC verification even though small or big money.

But based on their KYC policy page as quoted below:

Quote
A KYC is carried on all withdrawals and deposits which accumulate to €2,000 crypto equivalent

This policy gives a chance for small players to not pass the KYC if their withdrawal and deposit accumulation is less than €2,000.
So which one is the truth? Do small players need to do KYC even if their accumulative amount of deposit + withdrawal is less than €2,000?

I see ''accumulation'' so even if the small players when it reaches $2000 deposits+withdrawals then it needs KYC so I think this is not a suitable place for players who don't like KYC like I will avoid this one.

Btw I just contacted support, this is what they said :

Hi there!
We don't request KYC at all at the moment, unless there are any suspicious activities suspected of a player 🙂
You can sign up and play normally with out submitting a KYC


Seems like a pretty risky proposition, imo.

They reserve the complete right to conduct KYC on anyone and seem to have it in their TnCs. I personally wouldn't risk depositing if I wasn't comfortable with giving KYC even when keeping inside the 2,000 euro limit.

This is quite sad, since I do think that the site is great and its domain name could rival some of the bigger players in the scene right now just from a mainstream marketing perspective. But bringing up any chance of KYC basically destroys any shot of rivalling the established, non-KYC firms.