Quote from: slapper on May 21, 2023, 10:29:33 AM

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Quote from: danadc on May 19, 2023, 07:22:35 PM

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

Regarding bonuses or promotions, we must check the wagering requirements so that we don't misunderstand because many of us forget about that and just deposit money and play gambling. But when we win and want to withdraw the money, we are faced with a KYC request by the casino, which makes us feel cheated by the terms behind the promotion even though it is written that other requirements are needed before we can withdraw the money. And when the casino takes 3 days, I think it's still within reasonable limits because the casino needs to ensure that its members are not involved in any illegal activity. But it is questionable if it has passed 7 days because we have waited too long for the verification process and desire to withdraw money.

When I walk into a land based casino I have to hand them my ID card. They run it through a scanner, then they hand me my ID back and tell me welcome and good luck. They don't ask me where I got my money, am I doing anything illegal, or if it's ok for them to verify me for 3-7 days.

I'm sure when they scan my ID they may check for warrants or something, but other then that they tell me good luck and move on to the next person. Why is it different online? Why do I need to verify my source of income? KYC is too invasive IMO.

Indeed, you've touched on a topic that stirs up quite the debate. The differences in the verification process between land-based and online casinos can certainly feel intrusive.

Consider this, though: online platforms don't have the advantage of physically seeing their clients, making it easier for individuals to hide illicit activities or engage in money laundering. Land-based casinos, on the other hand, can monitor their clientele more closely.

Furthermore, online platforms operate globally, which brings a multitude of legal jurisdictions into play. To abide by various international laws, particularly those pertaining to money laundering, these platforms are compelled to adopt stringent KYC policies.

Could there be a less invasive way to ensure compliance? Possibly! It's definitely a matter worthy of further discussion and exploration.

While KYC procedures may feel invasive to some, they are intended to protect users and the sites alike. You must have a very good reason to not play along these, and yes, the fact there are many jurisdictions makes it much more difficult. Platforms typically have privacy policies in place to safeguard user information and comply with data protection laws but that is very dependent on the country.