Quote from: Poker Player on June 25, 2022, 02:51:55 PM

Quote from: maydna on June 25, 2022, 02:25:29 PM

~snip~

Is that the case?

I have seen it mentioned many times in the forum but I have not checked if it is so, since I mainly play poker on fiat sites and I have only tried the odd crypto casino with pennies.

I suppose that the argument that the casinos will give will be a matter of security, but there are those who could see bad intentions in:

1) You lose a lot of money: I do not ask for KYC.
2) You play a lot and win $20; I do not ask you for KYC.
3) You play, win and request a withdrawal: I ask you for KYC.

Maybe that's the problem. Try to notice if someone wins a large amount and that person is not a long time ago or is an old member of the casino, the casino can ask for KYC. Frankly, I also haven't tried it, especially by using big money to gamble and win a lot of money because I'm too afraid to see a lot of losses. But I'm just trying to think that if I were a casino owner and there was a member who could win a lot of money, would I let that person withdraw the big winning money without me knowing who that person was?

If I were a casino owner, I would want to find out more about that person by asking for KYC. This is a gambling business where the casino wants to make a lot of money and not all owners will let their members withdraw huge amounts of money.

Quote from: Distinctin on June 25, 2022, 06:30:39 PM

Yup, we can't do much about it as casinos are also forced by the authorities to request KYC especially if ever we won big amounts. Also, they are also making sure that the winner is not some random under age kid who accessed their site and if we are not hiding something then KYC is not something that we can be afraid of, that's if the casino is reputable and already trusted.

Of course. Casinos can do little against pressure from the authorities. Casinos will try to comply with the authorities' regulations and ensure everything is still under their control. That is why casinos implement KYC, which may apply to all casinos in the future if the authorities want to interfere in all fiat and crypto based casinos.