Post
Topic
Board Gambling
Re: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals!|ARGENTINA & AVFC
by
peter0425
on 03/09/2023, 05:21:40 UTC
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
It is not actually rare mate because there are still casino sites that is KYC free but they are outnumbered by those centralize casino like what we are seeing now.
and also you are correct about  the difficulties because of bankroll  and on-chain.

Well, if the law states that you have to have KYC to operate as a casino then you have to get that information, that's just how it is. There are a few, even at the very top, that do not ask for it straight up and only ask for it when something happens but I have to say that's going to be a troublesome thing on the long run.

I think it's quite important to remember that we are talking about a situation where it's out of casinos hands to ask for it or not, if they do ask for it then they can exist, but if they do not ask for it then they will be basically considered as a illegally managed casino and the governments will be after them. I think gambling being illegal is a tough decision, I still think it should be legal.
of course businesses are required to follow the laws or else they wiill operate illegally .and that is the risk also players must pay.