As a result, you will rarely see complaints about KYC verification being applied forcefully. Most of the users complete the verification whenever the casinos apply it to them.
This is not true at all. KYC is a huge issue in the crypto community and within this forum due to which gamblers complain literally everyday about it related to different sites and that is perfectly understandable.
Cloudbet has always aggressively forced its users to comply with their KYC policy and I am not surprised that they didn't make any changes to any of this to be frank. Con!
As long as the KYC prccess is clear I have no issue with that. The problem is when casinos just ask for KYC after a big win or if they want to kick the player out of the website, so they ask for so many details that it's almost impossible to comply and to keep using the account. If it's a regular verification, it's no problem at all. You just verify and withdraw normally, because the laws and licenses for most casinos ask for KYC anyways.
So does this mean that new players need to deposit $2,500 in order for their balance to become $5,000? Or will any deposit amount be doubled in their account balance
here on the Cloudbet casino platform? It doesn’t seem very specific, which is why I’m asking, so that it’s also clear for other newbies who might try to sign up here.
Because some casinos have a minimum amount required to avail of the welcome bonus on the first deposit, while others still give bonuses up to the third
deposit that are added to their account balance.
It's a rakeback so you deposit what you want and every bet gives you 10% back that you can withdraw or bet more. Your balance isn't just doubled with a deposit.