The notion that casinos give back deposits/only disqualify winnings after a player fails KYC is absolutely nonsense. I've never heard of exchanges returning deposits after KYC is rejected, and casinos operate in an even less regulated environment casinos, so why would they be any less exploitative?
Based on what I've seen on the forum, casinos take the entire balance if you can't complete KYC. They very rarely give back the deposit if you can't meet their requirements.
The answer to this thread is simple, it goes in their pocket. Players should get their deposit back if the casino isn't happy with their verification (they have a right to refuse service) but they definitely would not get their deposit back more than 95% of the time (and I'd bet 95% is a conservative statement).
Yeah, even I have read about cases where people have deposited some money and then won an amount just to face a KYC verification.
Despite giving the KYC details those people failed to get winnings as well as their deposit from the site.
This is obvious wrong and an unethical practice but do we have any option or than raising scam accusation?
May file a cyber crime FIR but I guess even that wouldn't workout in our favor.
It happens all of the time. There is hardly such thing as a casino giving back the deposit and confiscating just the winnings. This is just some nonsense that would only be spilled by a casino shill or a complete moron.
There is no option against these practices, except to stop using the casinos that take this approach and to speak out against those that are abusing their players the most.
The notion that casinos give back deposits/only disqualify winnings after a player fails KYC is absolutely nonsense. I've never heard of exchanges returning deposits after KYC is rejected, and casinos operate in an even less regulated environment casinos, so why would they be any less exploitative?
Based on what I've seen on the forum, casinos take the entire balance if you can't complete KYC. They very rarely give back the deposit if you can't meet their requirements.
The answer to this thread is simple, it goes in their pocket. Players should get their deposit back if the casino isn't happy with their verification (they have a right to refuse service) but they definitely would not get their deposit back more than 95% of the time (and I'd bet 95% is a conservative statement).
Yeah, even I have read about cases where people have deposited some money and then won an amount just to face a KYC verification.
Despite giving the KYC details those people failed to get winnings as well as their deposit from the site.
This is obvious wrong and an unethical practice but do we have any option or than raising scam accusation?
May file a cyber crime FIR but I guess even that wouldn't workout in our favor.
That is why I don't really support KYC after winning and when the gambler wants to withdraw then KYC is asked. If a casino wants to ask for KYC then let them do it before deposit so that all these dramas of KYC after winning will not occur again.
Really it is not looking good when ask KYC after winning and if the gambler failed the KYC then the person funds are lucked.
Logically, this is correct. Before any bet is even placed, KYC should be required. However if this was the case, a lot less people would use casinos. So instead, the casino lets people play, lets them lose without KYC, and if they win, then ask for KYC. It's malpractice, at best.