Most casinos nowadays don't let you do the KYC process until they request it, this means you will not get KYCed unless a lot of money or fraud is involved, but it would be nice if users could do the KYC process before deciding if to deposit or not.
Well, this time i have 3 questions for the community, i want to see what people think about how gambling works nowadays.
If you could do KYC process before making a deposit, would you do it?
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?
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?
1. KYC is highly frowned upon into this market on which simply means that people would really be avoiding as much as possible into those platforms on which we know that there are
really that still casinos that arent asking KYC on the time that you do make out a deposit. So it would really be that understandable on where people or crypto people will
really be that preferring into.
2. Getting max win? Able to win up a significant amount? It wont really be an issue for people to comply any KYC as long you are really that dealing with a legit site then
you would really be able to assure at least that you would be able to get those money once you would really be able to comply on whats being asked. This is why its important
that you should really be that dealing up with sites which are considered legit and reputable.
3. Well, it would really be normal and its included on the terms and conditions. If ever one of those things been violated by a certain user then the site or company
would really be having the rights on confiscating or would be able to void those amounts that had been deposited specially if it is really that been accused by some money
laundering possibility.