When it comes to betting and playing online, it’s all about online safety and security. This is not just for the player, but for the casino too. And this means that verification processes need to be completed for both sides to engender trust. But, do you always need to verify an account? The answer is not quite as straightforward as you might think, so let’s take a look.
Why verify a betting account?
From the player’s side of things, verifying an account is important. It proves that the casino is abiding by rules and regulations set out by the jurisdiction that it is part of. Having these requirements shows that the casino is serious about offering legal gambling — accepting only players from countries and states where gambling is legal. It also shows that the casino has measures in place to prevent underage gambling.
This is because, to verify an account at an online betting site such as this, players are required to provide proof of address and age. In this manner, the betting site can see that you really are who you say you are and that there are no dodgy dealings from the player’s end of things.
On top of all this, many betting sites won’t actually let players withdraw any winnings until the account has been verified. Deposits and bets can be placed, but when a win comes through, the verification process kicks in. This can be time-consuming. And it will slow down the withdrawal process if players have not verified their account when they first made it.
Understanding no verification betting sites
However, you can find some betting sites without verification or ID online. Does this make them bad or untrustworthy sites? No, it does not. They simply operate in a slightly different way.
Typically, sites that let you play with no verification have other methods of checking who you are. This is because they tend to be crypto casinos and players will be using this payment method to make deposits. Through using crypto, players are verified via the blockchain ensuring safe, secure transactions. Each player has their own identifier on the blockchain, which can’t be hacked, so the casino knows the funds are going to the right place.
Benefits of no verification sites
For many, there are a number of positives when it comes to betting somewhere with no ID checks. First, these are convenient, giving players instant access to games and winnings. It’s also great for those who value privacy. With most sites demanding ID of some kind, many players find this invasive. This is where the anonymity of a no verification site comes in handy. Additionally, without any verification in place, transactions (often via the blockchain) are noticeably faster across the board. This is particularly the case when it’s time for a payout. Finally, these sites tend to have minimal restrictions when it comes to things such as betting limits.
Of course, all these sites are licensed and legal too. So, players can get the best of both worlds when signing up there.