Does your casino have id verification when withdrawing winnings?
The moment you register with Roobet, you will have to fill out KYC form and yes before you withdraw it is required. Anyway, OP is not active anymore and you have to visit the site to confirm this. Roobet is a good site and one of the secure gambling site. Dont forget to read terms and conditions before trying this site, know if it works for you.
For the moment, Roobet is one of the only sites that you need to fill in some personal information when your register. But in the end, a lot of casinos require KYC when you want to withdraw some money (even small amounts). I have needed to complete a full KYC to withdraw 0.01 BTC.
This is the thing that we should deal in the future as we progress and promote adoption and regulation.
So far, details with Roobet are still safe but then again better not to keep any money to any site for a long period of time. If you are an active gambling then better. KYC is a good thing to secure the site and maybe this is why Roobet is still a good site and very secured. No regret filling out KYC with Roobet, its also fun to play.
indeed most websites will end up adopting it if they want to comply with regulations
just for the records, KYC won't make a website more secure, if anything it'll make it less secure since the system can always be gamed by bad actors and documents can be sold on the dark web too if there's no good security system to store the data in a secure way or verify and delete it
as you said, KYC not only won't make the casino safer, but also if the casino doesn't have money they may be selling people's documents and nobody will suspect anything, this is without a doubt the biggest danger of doing KYC in a casino or even on any internet site where it is an anonymous owner site and without proper location, the casino may even have the courage to lie that it was some hacker who stole the documents when in fact they were the ones who sold people's documents, I for one example, I don't use many casinos precisely to avoid doing KYC in many casinos, due to this danger I mentioned, when the casino didn't ask for KYC and it has some very tempting promotion, I even make an exception and use the casino with due caution
indeed most websites will end up adopting it if they want to comply with regulations
If we live under control of governments, we must comply with their regulations when they launch regulations and seriously execute them. Cryptocurrency and blockchain are too new but soon we will see more regulations that only make things better.
just for the records, KYC won't make a website more secure, if anything it'll make it less secure since the system can always be gamed by bad actors and documents can be sold on the dark web too if there's no good security system to store the data in a secure way or verify and delete it
Security of a website is not about KYC that is more related to money laundering detection and protect companies from governments. As companies that have licenses, they must comply with regulations and KYC is one of things they must comply with. KYC does not a website is better or worse.
can you tell me more about how regulations will make things better?
the transition from web 1 to web 2 had lots of regulations and it just paved the way for surveillance capitalism, it made things better for the geeks (like us) and for the elite but not really for the general audience.
with web 3 we're moving back to decentralize, it's simply against its nature to regulate
it flows.
regulations will bring good things, for concrete example:
if the governments manage to regulate the cryptocurrency market then they could put laws in which an online casino would have to have at least a physical office to obtain license in any country, it would also have to put funds in some physical bank and the owner of the online casino does not it could remain anonymous, with that we would no longer have cases of exaggerated scam as we have seen in a certain casino that is in this forum, people would already know where and how to report when a casino steals their money. this same rule for online casinos could be applied to exchanges, every market would gain from it