Post
Topic
Board Gambling
Re: The Rise of Crypto Gambling: What You Need to Know
by
qwertyup23
on 22/07/2023, 18:00:58 UTC
For our purposes, this is the most significant thing to know about crypto gambling. It is much more secure than playing in a traditional sportsbook.

Traditional sportsbooks have your address, your phone number, your email address, and more info about you. Some sportsbooks sell your information to list creators. Those list creators sell the info to tout services that call you to get you on board with their plans.

You can deposit and make withdrawals faster

The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.

When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions. But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.

I think that the KYC feature is the system that online gambling platforms must ask for compliance with their respective state laws.

Remember that before you visit a physical casino, guards would often ask for your IDs and other verifications before you could enter and enjoy the establishment. This concept is also the same in online gambling- these websites ask for KYC in order for them to verify your identity and to secure at least a security on both on your part in the event you breach their TOS.

Though this may be the case, I just hope that the KYC documents will not be too restrictive to the point that it completely disheartens the player in submitting the require documents due to the number of required documents to be passed.