Post
Topic
Board Gambling
Re: chinese bookmakers with tf gaming platform NO KYC
by
maydna
on 17/03/2023, 13:32:26 UTC
actually doing KYC on a gambling site that is popular and has a good reputation a long time ago, for me is fine. unless doing KYC on a new gambling site I am very careful to do that.
therefore it is important to use small funds first when trying out a new casino. with small deposits and bets, the casino will not force gamblers to submit KYC documents. although some may indeed require KYC for all members to make withdrawals.

some gamblers are indeed more comfortable with their anonymity. but some will not consider KYC. even those who are hunting for referral bonuses or even new casino user event bonuses also consciously do KYC to claim bonuses. it all depends on the perception of each.
So it's up to every gambler because they know the risks but many of them still use big money to gamble which can trigger the emergence of requests to do KYC. If they still use small money to play gambling, they will not be asked to do KYC but some gamblers assume that using small money will not be felt if they win.

And if you are ready to do KYC on a popular gambling site, you accept the consequences of using large amounts of money to gamble. And by doing KYC, you will not experience problems like other people who will be asked to do KYC when they win big.
I think that the concept of "big money in the game" is very different for players and in different countries. 
This, of course, is connected with the standard of living, well-being and income level of each individual person. 
And this is where the problem may arise with a sudden and unexpected for the player requirement from the casino to submit verification using the KYC procedure.  It may well be that the player simply did not understand that the withdrawal amount of his winnings is already subject to KYC requirements by law.  For example, if he had never won so much before, and suddenly got lucky!  Imagine how this damned KYC upsets and infuriates the player that there are difficulties just for him to get the win he honestly won! 

That's why KYC for crypto casinos is damn evil!
Yes, with increasingly stringent KYC regulations, we as crypto gambling players, feel that our freedom to gamble using crypto is limited because of the interference of the regulator. We also can't do anything and try to comply; if not, we can look for other casinos that don't have too strict KYC.

KYC has now become something no crypto users want, but it is a regulation that might get even stricter in the future as the popularity of crypto has taken place in many places. But hopefully, there are still casinos or other places of business that are not so strict regarding KYC so that we can remain anonymous in using their services.