If I ever get a ban on any casino, I will simply just stop playing there, no matter how used I've gotten to the casino, there are several other casinos around, I will just pick another, and I am very sure that I will also get used to that new casino after playing there for one week or less.
There are thousands of casinos in the crypto space, and perhaps hundreds of them are reputable. Sure, it's easy for you to find a casino. However, what if you get banned? What if the casino freezes your funds? I think you should also limit your exposure to a certain casino. Just put an amount that you are willing to let go in case things go bad.
It's still important to be aware of the possible consequences once we break the rules so we can easily move on, and go with our 2nd option.
managing total risk per platform is definitely a smart strategy
if you care about privacy too them opting for casinos without kyc is a good ideia though you probably won't find many or will find more with lower volume than the big ones.
what are other strategies you usually use?
and yes there are only few of Non KYC casinos now because of government as this leaves them no choice but to brace the regulations ,so if that is the only option then what should they act?
but my strategy is mostly limiting my funds to spend because for me that is the safest way at least to prevent everything that is not necessary .
i'm not that sure if non-kyc casinos are rare because of regulations
I think it's probably more because of bankroll and difficulty to do it on-chain, probably it's easier to make it centralized, idk
we're seeing looksrare pivoting from being a nft marketplace to be a gambling platform.
and rollbit grew a lot these past months
Somehow centralised can also make your funds secure if something goes wrong. Like account getting hacked, casino’s getting shut down or maybe if someone scammed each other then KYCed account can actually form the evidences since you will have the history against your financials. If shown time to time in our accounts then it can be tracked.
However, those players who are scared or uncomfortable about sharing their KYC should not chose such casinos at all. Let us say they have privacy concerns or they fear that their KYC can get leaked etc etc. There could be hundreds of reasons.
Centralised or decentralised, a trusted casino can make things easier for us. So just chose and play.
thinking centralized services are more secure is a missconception, in my opinion, take the FTX case as an example
nobody tought it would fail, it was big, in the billions, with huge partnerships, backed by celebrities, with a stadium with the name of the exchange, and out of nowhere: gone. puf. zero. zilch. nada...
the safest option is probably having your own keys and having a good system to avoid 5-dollar wrench attacks
apart from that you'll always carry some third part risk be it from centralized entities be it from smart contracts (descentralized)