Post
Topic
Board Gambling discussion
Re: A Max Win is the worst thing that could happen to you.
by
Crypto Library
on 28/08/2024, 20:56:18 UTC
If you could do KYC process before making a deposit, would you do it?
I haven't played yet on those casinos who ask for KYC verification before the depositing. I normally avoid those kinds of casino who ask kyc verification before the deposit and when for withdrawal.
Quote
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 varies person to person like if you do care about privacy and the casino ask you to do KYC verification to withdraw jackpot fund you may in awkward situation. But others I think if it is in case of jackpot and platform is good then I think that will no be a problem.
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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?
In case of money laundering if the casino is legitmet and fridge the amount I think it will not be money laundering because after all the fund can be go it the right authority.