Quote from: bakasabo on December 25, 2023, 09:55:12 AM

Quote from: Fivestar4everMVP on December 24, 2023, 01:21:47 PM

Quote from: bakasabo on December 24, 2023, 11:52:55 AM

Why people are confused that there are no KYC when they register at casino? Why would casino ask for KYC from the start, if you havent done anything yet? This seems illogical to me. People are confused when they asked to pass KYC during withdrawal, but not before every withdrawal they ask for that. If you are in a little profit, imo casinos wont bother asking. But if you turn dollar into a million, then ask for KYC to get some extra time for checking. This looks normal for me.

And what also should look normal to you as well is the fact that, there are actually some casinos where you won't be allowed to make any deposit and play without first passing kyc verification after you have completed your registration.
And if I am not mistaken, I think stake now fall under that same category since they updated their terms and conditions to now request immediate kyc verification from new users, while old users are allowed to play normally and only request kyc verification when they feel like, or wait until the casino ask for it.

And again, In some casino, it is not actually until a gambler wins millions before they request the user to pass kyc verification, some casinos do ask for kyc verification even for the tiniest of profit, most especially, if they are not sure if the gambler won in a legitimate way.

I am more pissed when casinos ask obligatory to turn on 2FA when you withdraw, then all of a sudden favor to pass KYC. I have felt the victim of that several times. You click withdraw, fill all the info, click next and «turn on 2fa» message appears. You turn on 2fa (any my list of 2fa is huge now, requires scrolling all the time), repeat same procedure, click next and your funds are locked for 24h, because you have recently turned on 2fa... To me this looks more unfair then KYC.

Enabling 2FA is an additional security for your funds, so it's better to enable it as it can minimize you losing your money from theft.
As far as the KYC for betting sites is concerned, I myself feel uncomfortable with this, why gamblers have to do the kYC, while betting is still illegal in many countries. Unlike exchange sites that actually require user data because of regulations or to meet their legality requirements.