That’s not a trick, that’s a legal requirement. They have to do KYC on a few grand and AML once it gets bigger. I had to go through this with Wise when I received a life insurance payout from another continent and I had to phone customer support to get it cleared.
I’m not saying it was illegal or anything, just that they probably make a lot of money turning on the KYC after big wins. They’ll never do one to a losing customer.
I’d wager KYC applies either way (anyone placing a bet should be known, not just who ends up winning) and not paying out wins is a clear breach of contract.
So very clearly doubly illegal. First they let any rando gamble, and then they don’t pay out wins.
That’s not a trick, that’s a legal requirement. They have to do KYC on a few grand and AML once it gets bigger. I had to go through this with Wise when I received a life insurance payout from another continent and I had to phone customer support to get it cleared.
I’m not saying it was illegal or anything, just that they probably make a lot of money turning on the KYC after big wins. They’ll never do one to a losing customer.
I’m that sense, I do believe it’s a bit tricky.
Hmm…
I’d wager KYC applies either way (anyone placing a bet should be known, not just who ends up winning) and not paying out wins is a clear breach of contract.
So very clearly doubly illegal. First they let any rando gamble, and then they don’t pay out wins.