For me this is risky. If a company or a service is banned in my country I wouldnt try do something like this especially since my money will be at risk. Binance banned US users from using their exchange, if someone in the US uses this trick to access Binance and begins trade. There is a possibility that your browser may have a glitch and Binance blocks your account. What do you do?
I completely agree with this. It is never recommended to use VPN for accessing paid sites. This is because they have your funds and because you are violating their terms of use, they may ban you and keep your funds. From there on, it will be struggle to fight a legal battle against these companies to get your money back. Better approach is to use gambling sites which are free and do not require you to deposit money. You can use VPN for these websites as they cannot harm you in any way. Even if they find out that you are using VPN to access these websites, they will just ban you and you will loose a free account.
One more thing to look here is how strict is your country about banning these sites. If they have strict laws against these sites, then completely avoid these sites.