Post
Topic
Board Gambling discussion
Re: A Max Win is the worst thing that could happen to you.
by
Don Pedro Dinero
on 22/07/2024, 14:08:49 UTC
If you could do KYC process before making a deposit, would you do it?

I do that in fiat casinos, which oblige me beforehand. For me the biggest attraction that cryptocurrency casinos had, and still have, although less and less, is the no kyc, or at least below certain limits.

When a user wins a huge amount the real nightmare starts, the users have to complete the worst KYC process he will see in his life, so, should users be afraid of getting a Max Win?

It has not happened to me to win such a high amount that triggered kyc, what has happened to me, and it is curious, is that I have passed the supposed limits so that kyc was required of me and I was not told anything but I have never won exorbitant amounts.

Casinos ask for KYC to avoid money laundering, but if the gambler isn't able to give the requested data then the casino keeps the money. If the casino keeps the money isn't that Money laundering?

Money laundering I understand not, supposedly that money that is confiscated from you will have to be declared.