Quote from: 0verseer on July 03, 2022, 07:46:36 PM

Quote from: Distinctin on July 03, 2022, 05:08:18 PM

Quote from: sensimilia on July 03, 2022, 04:29:40 PM

KYC is very important for the security of a user's money or any transaction. If you ever win a big amount in gambling then you are requested to do KYC. Because they want to be sure through KYC that you are the real person. It is better to do KYC in the casino because you do not have to face any problem in case of large transactions.

If they want to check and know that you're the real person or not a kid then they should ask KYC upon registration or upon deposit just like @Maslate have said. KYC may sounds secure though but they should try to be more reasonable and not just ask these questions if we're trying to withdraw our winnings. Although I'm not against KYC as long as that specific casino is reputable and trusted but I'm just curious on their procedure.

Cause they know if they do the KYC check upfront, most bettors would find another site to let them play without KYC first. I know, I know, sound like a predator practice but since every crypto casinos were also doing this so it become a common practice. To keep the incoming bettors in their site, not turning to other sites -> lost a potential customer, or bettor in this case.
Though I wonder if they allow kids to play it first, then ask for KYC later follow your thinking, is that still a breach of laws?

Well, you got a point right there. In fact, I've also thought of that, that KYC are just being asked upon withdrawal and not upon deposit because they are on a competition and they need to find some medium to maintain their clients in their platform. Which is still doesn't sound reasonable for me if that's just their reason.

Quote from: Fivestar4everMVP on July 03, 2022, 07:57:08 PM

Well, I don't think there's anything to be curious about because crypto exchanges do this same thing, there are several exchanges that allow you to deposit, trade and withdraw small amount of money, anything you are ready to deposit, trade or withdraw a large sum of money, you will be asked to upgrade your account from level to level 2 or 3, depending on their tier system, and we all know that this tiers are nothing other than different levels of kyc, there are even other exchanges that allow you to deposit huge sums of money without kyc, but upon trying to withdraw, you will be asked to pass kyc verification before you can withdraw.
It's nothing different from what casinos does, casinos are even better since money you are trying to withdraw is money you won, for some exchanges like I said before, you will deposit your hard earned money without passing kyc but you will be required to pass kyc before you can be allowed to withdraw same money.

Yea, I get that. But that doesn't answer my question though. Are you literally saying that it's the norm that's why I don't have to be curious at all and just go with the flow? Sounds to me that you're easy to be hooked on scams if that's your kind of reasoning.