Traditional online casinos require players to provide a host of personal information to register. The provision of data is meant to protect against fraud and ensure members meet playing requirements. But not everybody is comfortable providing this much information. No verification gambling sites do not have the same laborious registration processes reducing friction and making the process simpler while still offering the same range of games, bonuses, prizes, and other features.
What Is No Verification Betting?
Traditional online casinos demand new players submit personal and some bank or credit card details to set up an account. The best no verification betting sites only require players to register by submitting a username and password, without the need to even add names or addresses. They also offer anonymous deposit and withdrawal methods, such as crypto, which means players don’t even need to submit bank details.
Cryptocurrency author Tim advises players should do their research before registering with a site, especially as some impose lower betting limits to help mitigate the risks associated with running a no-KYC casino.
What Are KYC Details?
Licensing laws vary by jurisdiction, but in a lot of countries, it is a stipulation of an online casino license that the website takes KYC details from all its players. KYC stands for Know Your Customer, and these details enable the casino to verify the user’s identity.
At KYC casinos, users must not only submit their names, addresses, and personal details, but many casinos require the submission of a passport, driver’s license, or other government document.
The casino uses this information to ensure the player is old enough and entitled to gamble on the site. Commissions including the UK Gambling Commission place these stipulations on casinos that want to be licensed in the country.
Typically, players need to provide and prove details including:
- Name
- Address
- Age
- Proof of age
- Proof of address
Benefits Of No Verification Betting
If a player is unable or unwilling to share KYC information, they can struggle to register with traditional casinos. However, not all jurisdictions have these requirements, so players can find online casinos that do not require the submission of KYC details. There are many potential benefits to using these sites.
Easy Access
Submitting all of your personal details and providing a copy of a passport or driver’s license takes time on your end. It can also take time for the online casino to verify your details. If there are any problems or queries regarding your details, this adds to the steps you will have to take to register with the site. In contrast, a no-KYC casino doesn’t require any of this information, and it takes a couple of minutes to register a username and password. You may have to verify your email address, but that’s it.
Instant Play
Once you’ve registered, you can deposit money using one of the anonymous payment methods the site offers. Typically, this means sending Bitcoin or another cryptocurrency to the provided wallet address. Registration only takes a couple of minutes and if you already have a crypto balance, you can start gambling virtually straight away. Crypto deposits are virtually instant, so you could be placing bets within a few minutes of first landing on the casino’s site.
Anonymity
Cryptocurrency is an anonymous payment method, and no-KYC casinos also offer anonymous play. This enables users to keep their betting activities away from their bank statements and their personal records. This privacy also means that you are at less risk of having your personal or financial details stolen if there is a data breach on the casino’s site. It’s important to highlight that players’ identities can still be traced, but the benefit is that their payment data isn’t exposed to potential third-party intruders.
Access To Instant Withdrawals
Cryptocurrency doesn’t just offer instant deposits, it also offers instant withdrawals, at least at some crypto casinos. Cryptocurrency is typically sent using smart contracts, which means the process of withdrawing money is automated. You don’t need to wait for the casino to submit a withdrawal request for the money to leave the casino account and you can have the money in your crypto wallet within a few minutes of winning. It can be frustrating, if you have a decent win, to have to wait several days for the money to find its way into your bank account.