I think there are many crypto casinos that allow you to play without KYC. Winnings under $1000 are usually fine. You can make small incremental withdrawals so you won’t be asked for KYC. However, if you are a high roller who frequently makes withdrawals over $5k, without KYC you will definitely have problems.
This is correct.
There’s a threshold—often based on a threefold rule—where total payments reaching a certain amount trigger mandatory KYC. That’s why you usually won’t be asked for KYC on your initial deposits, especially if they’re small.
On the other hand, casinos generally avoid asking for KYC unless they have to, since it can discourage players right from the start.
Not completely true, not all casinos ask KYC based on specific threshold (deposit/withdraw/winning or something else) because there are some other reasons why casinos need to ask KYC from their players.
On the other side, there are also casino that will not ask KYC although we deposit/withdraw several thousands dollar regularly, it is simply case by case.
The most important thing to remember is, when casinos clearly stated in their terms that they reserve the right to ask KYC at anytime, so it can come anytime no matter you play small or play big amount of money.
I referred to a reasons where casinos have to go through KYC, as per licence/regulatory obligation. Yes, there of course are other reasons - specifically from the casinos side. Such as in the case they suspect bonus abuse, multiple accounts, or other type of player breaking the TOC.