Post
Topic
Board Gambling discussion
Re: Are there such online casinos
by
DYING_S0UL
on 27/03/2025, 15:22:11 UTC
‎Are there any online casinos that accepts KYC verifications before you start gambling after creating a new account on the platform? Something similar to what we always see crypto exchanges do to their customers? I am just curious
‎After the complaints of a lot of gamblers years ago. We have seen a lot of crypto casinos that implement the concept of simple KYC when new user register on their platform, but they later request the main KYC when a huge fund or winning is involved to prevent future issues with the authority. This concept was presented to avoid minors using their platform, and to prevent their business from having issues with the law.

It has become a common concept to think that whenever a casino freezes your funds and asks for the KYC, that the casino is tying to rob you, steal your money unfairly. We can see countless scams and accusations related posts in the reputation board. But that is not the case always. Most of the time these disputes are solved and the user gets his funds back. If not then the case didn't had solid/reliable evidence. But at the end of the day, this misconception still remains in everyone's mind that, the casino will rob you by asking for KYC when you win big and try to withdraw it. And if I'm guessing correct, this is why the OP is asking for the KYC to be done before user can play. At least in this way, they won't have the fear of KYC being failed or what they think of.