Post
Topic
Board Gambling
Re: Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos
by
Hamphser
on 23/06/2023, 19:42:03 UTC
Well, you are absolutely right about that, it is very easy to enter a casino based on cryptocurrency and especially bitcoin, because it is more reliable, it has superior security, we are not taking risks on the street, nobody sees us, those are things that They can be seen as a great advantage, but personally when it comes to the app I am somewhat distrustful, it is very easy for data to leak, hackers are on the prowl, also if you do not download the app that it is, you can download a fake app And that is worse, then it is delicate on that side, although there is someone who is doing very well.
Don't worry, if you worried of data or privacy leak, you shouldn't gamble on the casino where it ask you to submit your KYC. Or if you're really want to gamble on licensed casino due to various games you want to play, you should never submit KYC even though you're need to accept to lose all of your money.

Whether he likes to submit KYC or not if he won a life changing money, then I am sure he will surely submit documents for KYC in order to get the money.  That kind of case is not impossible to happen because some of the casino style when a player won a huge amount of money is to ask the winner to submit KYC for verification purpose and if they pass the KYC they can withdraw and enjoy their winnings.  At the end of the day even casino that does not originally aske for KYC requires it once huge amount is involved.

Are we here to now debate with the saying that the online casinos have KYC related issues than such could be demanded in using a traditional gambling casinos, I think they both have their risk and the choice is left in on the gambler to decide which is preferable to him when gambling, but i want to also believe that the level of the KYC requirements from casino is higher and nore strict on adherence than the traditional casino house.
They might look that stricter just because they arent really asking out further questions. Why? they do already have the information that they are needing considering that you are making use of your credit card or

bank account which would really be tied up on a certain platform on which means that its not necessary for them to ask out for those information for certain conditions since they do have that kind of tracking.
Unlike on crypto space on which you would really be still that needing to comply or state on those informations considering that we are really just simply depositing crypto on a certain wallet on
which there's no way that we could be able to be detected on whose the owner of such fund.

Well, when it comes to choices about advantages and disadvantages then as a gambler of both field then i do prefer on having that Bitcoin casino dealings than with fiat.
Anonymity is really just that a basic thing.