On-chain casinos making comeback with actual noKYC or same bait-and-switch?

Jono777 said:
Honestly the whole "no-KYC" thing is bait-and-switch everywhere now. Platform says no-KYC, you deposit fine, withdraw small amounts fine. Then you hit bigger win and suddenly they want passport, proof of address, source of funds

On-chain casinos can't pull that shit at least. If it's truly on-chain they literally can't stop you withdrawing
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Completely!! Had Stake freeze withdrawal for "verification" after I won almost a BTC. Took 4 days and full KYC to get it. They advertise "minimal KYC" but reality is different when amounts get serious.
 
BTCat said:
Completely!! Had Stake freeze withdrawal for "verification" after I won almost a BTC. Took 4 days and full KYC to get it. They advertise "minimal KYC" but reality is different when amounts get serious.
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what you want if they want to operate legaly then anything over certain threshold will force verification requirements. If platform was honest about KYC limits upfront I wouldn't mind. It's the moving goalposts that piss me off :rolleyes:
 
BTCat said:
Completely!! Had Stake freeze withdrawal for "verification" after I won almost a BTC. Took 4 days and full KYC to get it. They advertise "minimal KYC" but reality is different when amounts get serious.
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if u actually winning enough that kyc matters u doing better than 99% this forum so stop crying
 
"True decentralization" nice idea but current on-chain casinos too limited for most players. Best approach is probably hybrid use custodial crypto casino with proven fast withdrawals (Stake, BC.Game) then test waters with small amounts, keep separate gambling wallet, simply accept that big wins will likely trigger verification and have documents ready if needed. That's reality folks, ignoring that won't lead you to any good
 
Steven37 said:
"True decentralization" nice idea but current on-chain casinos too limited for most players. Best approach is probably hybrid use custodial crypto casino with proven fast withdrawals (Stake, BC.Game) then test waters with small amounts, keep separate gambling wallet, simply accept that big wins will likely trigger verification and have documents ready if needed. That's reality folks, ignoring that won't lead you to any good
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+1 buddy!! all this crap that decentralized casino era coming soon i hear since 2017 lol
 
i won't be THAT pessimisting. if adoption grows potential future with L2 solutions reduce gas fees, more complex games possible, better UI and true non-custodial gambling is pretty real. so obviously we're not there yet but direction is interesting just don't expect it to replace Stake tomorrow
 
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