Post
Topic
Board Gambling
Re: chinese bookmakers with tf gaming platform NO KYC
by
slapper
on 11/05/2023, 11:57:07 UTC
That's right. I'm not sure about the site in the OP, but scammers use "NO KYC" sign as often as unreal bonuses and stuff like that today. If you are not a high level criminal or corrupted official who want to launder millions of dirty USD you shouldn't be afraid of KYC. Don't be lured by shady sites, guys, only because they promise no KYC. Research further.
Don't get me wrong friends, there are still some big non KYC casinos that have been around for a long time and are now quite popular with a pretty good reputation.
Maybe there are some casinos that are non KYC and only aim to cheat but not all of them my friend.
Regarding the bonuses given by non-KYC casinos, they must be real and realized, even scam casinos will also provide bonuses that they provide to attract more gamblers.
I know that you mean well and you don't want many gamblers to become victims of casino scammers, but your presentation is still not quite right, friend.

Of course there can be honest non KYC casinos. No doubt about that. KYC is required by the regulatory authorities in the jurisdictions where the site is registered. The gambling sites themselves don't need it, they just have to comply.  That's why I said "Research further.", not "Stay away from such sites". Smiley
Yes, friends, because I used to use a trusted casino but non KYC and I played for about three times, deposited but I forgot the name of this casino because it was a long time ago and after getting to know some of the other big casinos I started to leave it.
It is true that you said that KYC is not really needed by casinos because what provides KYC requirements is a license or regulator in the jurisdiction where the site is registered.
If the casino needs it maybe just in case of money laundering.
You are a forum member who is very experienced and has a lot of insight, so I know very well the intent and purpose of every sentence you convey, friend.
I also think that the KYC check is forced to be done by the regulatory authorities of the jurisdiction where the casino is registered.  And these bodies also operate on the basis of regular laws on personal identification.  For casinos, maintaining a database of personal data of players in any case presents additional difficulties and is an expense item of their budget.  First of all, due to the fact that they are obliged to maintain the confidentiality of this information, provide protection against intrusion, security and fight against possible leaks of this personal information.  All these activities cost a lot, even starting with hiring security specialists.  Why do casinos need such extra expenses? 
However, there is a case when a player wants to receive his fair and large winnings on his account.  Especially if his deposit was not very large.  And he was very lucky.  Here in this case, the casino requires KYC because there is a small chance that the player does not want or simply cannot reveal his identity.  And then this gain remains for a long time, and sometimes forever.  the general pool of casimo money.  So you can save money and in general legally.  This is the only reasonable argument why the casino requires personal data when transferring winnings to a lucky player. 
I'm thinking something like this.   Huh
Oh, the ecstasy of KYC checks in casinos! Isn't it grand watching regulators flex their mighty power, demanding that sacred ID laws be upheld? And the casinos, those noble creatures, tasked with guarding personal info like a mythical beast protecting its hoard!

But why must casinos suffer such trials? Why bear the weight of privacy, shielding against intrusions, and bolstering security? All for that enchanting instant when a player hits the jackpot!

Indeed, when fortune smiles upon a modest depositor, the casino's KYC prowess awakens! What a sight! Who would want to expose their identity while basking in their fiscal triumph? The casino must seize the chance to save and embrace legal shortcuts, right?