Post
Topic
Board Gambling
Re: Casinos not asking for KYC to register and play, but do require it to withdraw
by
Mahanton
on 03/08/2024, 20:00:25 UTC
Trusted casino will verify your KYC very quickly provided you have provided correct and true documents. There is no point for the casino to deny the KYC if there is no fault. Why would casino deny anyone genuine KYC and not let them play.
However, there are some scam casino who will use KYC as a tool to deny our payments. They will allow us to deposit without KYC but when it comes to withdraw they may ask for KYC and if the amount is big, they may deny the KYC without any reasons.
This is why it is always advisable to complete KYC before you play in any casino. Whenever it is related to Casino, they will only be strict during withdrawals. For the business to remain in operation, deposit must be more than withdrawal and that is why some casinos deliberately frustrate withdrawal. It is always nice to read the casino ToS as regards withdrawal and KYV before playing.
Your response reminds me of the thread I recently replied to where the guy complained that a well-known casino did not allow him to complete the KYC despite being willing to do so at the earliest time possible. This got me discouraged and I don't know the best advice to issue in this regard anymore. But truly, if a casino can allow you to complete the KYC as early as possible, it is the best thing to do to avoid a later issue.

As for the withdrawal, I think many of them are still very flexible about it, if you are not the type that wins too much or withdraws a huge amount of money, grace may still cover you to delay the KYC, otherwise, it's good you prepare for the worst. Nevertheless, I learned from you today about more deposit than withdrawal plans of casinos, well, it's certainly an unfair practice and I don't believe any serious regulator will allow that. This is why they ensure that companies are well-capitalised before beginning operation, so there is no good reason for that practice in a sane clime.
Glad to know you learn something from my post above. We learn everyday from observations and personal experiences. It is when we understand that all the casinos are there for business, whether old or new, reputable or non reputable that we will be more careful.
There has always been a recommendation to only play in reputable casinos, and if this happens, we are lessening competition in the industry which will surely go against the gamblers. If we all continue to patronize the older casinos, how will the new ones survive.
Myself, i play primarily on Rollbit because I owe them that patronage. I don't encounter any problems with them. But I also like to spare small bucks on new casinos.

Back to the KYC issue, according to margkaisa, special validations are always in place when you win big. Infact, I learnt that some casinos will start asking for account statements and more.
Read and read or simply making up some research in talking about other peoples experience on which this would really be something that will be that relevant or something that would really be helpful
on which you would really be making yourself getting able to avoid those potential problems on which we know that this could really save you up. There are really that people who are really that
wanting to read up first real time feedbacks and experiences before they would really be taking up some action on which this is something recommended but well each person would having that different approach
on things on which you be thinking on what are the things that will really be giving out such negative impact and things that could give out some potential alerts to yourself.

KYC is really that becoming a trend now or something that becomes standard specially into these kind of type of business on which we know that this would really be something relevant.
You would really be finding that non KYC is really that interesting or something that preferred but we do know that they could really be having that sudden integration on which it will really be that
piss you out because you dont really like KYC in the first place. Wether we do like it or not, we would really be accepting out such integration.