Advise a reliable casino, with the ability to set the amount of maximum loss per week. It should be possible to deposit in cryptocurrencies, it is desirable fast payouts without KYC.
- How will limiting losses stop or change KYC measures? I don't see how the two are related. A withdrawal limit is more relevant to KYC.
- Limiting losses and enforcing that limit? Might be healthy for a gambler, might also drive them nuts. It means more drama for casino management, and less profit, so I doubt any casino would ever implement this idea.
You’ve got a very valid point in your first notation. It doesn’t make much sense to validate KYC based on loses. The closest to any reasonable reasons would be, to ensure this user is actually of proper age to gamble and possibly not gambling with someone else’s funds but, how can you tell and how does that stop the user from creating another account and start losing yet again until it becomes alarming or a trend is established on gambling strategy.
On top of that, it’s good business for the casino or gambling platform and as such, there isn’t much reason to that effect.
While enforcing KYC on withdrawals would be a protective measure for the gambler and casino, the gambling site thrive on loses not wins. it’s uncommon to protect gamblers in this manner but, I think I saw one that actually endorses such an idea.