Post
Topic
Board Gambling
Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site
by
klidex
on 17/01/2023, 11:20:43 UTC
KYC verification is good for everyone, and bypassing KYC verification is not really important in some of the gambling platforms i know very well, so I'm trying to tell you, to understand that gamblling is very risk and in a platform that demands verification or documentation of details, the user supposed at least to know that KYC is for the benefit of the player, so at least you have to understand such scenario that KYC very is necessary.
all online platforms including gambling platforms are very high risk and indeed for KYC on gambling platforms is a sensitive matter that sometimes some gamblers feel disturbed by KYC requests.
for me if a gambler is loyal to the platform and trusts the gambling platform, there is no problem doing KYC there. because he already feels comfortable and safe to do everything on the platform.
and usually for withdrawals of large amounts currently the average gambling platform requires KYC
Indeed, KYC is a requirement that is applied by casino sites for each user, especially for users who will make withdrawal transactions with relatively large amounts.
However, as gamblers, we shouldn't need to feel disturbed and be concerned about the obligation of every user to do KYC.
Because the existence of KYC requested by the casino site has a good purpose in terms of security from the casino site and security for every account registered on the site.
but unfortunately not all gamblers want to do KYC, especially gamblers who are more concerned with anonymity. they will not like or perform KYC on any site and especially gambling sites. so they prefer to look for gambling platforms that do not require filling out KYC to keep gambling.
but keep in mind that gambling platforms request KYC not for security but to verify whether the gambler is in a money laundering case or comes from a country that is prohibited by the gambling platform.
Yes, it's true and there are some casinos that don't provide KYC requirements for their casino site users so gamblers who don't like KYC setup can play or bet at the casino.
If you say that KYC is not for security, but what actually happens is that KYC is made for security. As an example of what you have said, KYC is made to verify whether gamblers are in money laundering cases or citizens who are prohibited from using the site, then can't you take the main point, which is security for the casino so that no user is in a money laundering case, because if that happens then the casino site will also be in trouble in that case and be dragged into a case where the casino is a place of storage or duplicating money by the accused in money laundering cases.
So KYC also plays an important role for the security of a casino site.