How Confident Are You In The Reliability of the KYC system - page 3.

tusandii

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Quote from: ethereumhunter on June 27, 2023, 12:37:21 AM

Quote from: tusandii on June 24, 2023, 09:40:06 PM

There is not only one legal document, and there are several that are owned by everyone, so it is only natural that casinos ask for other documents that are different from casinos out there.
Assuming the casino is fraudulent just because they ask for different documents is unethical in my opinion as that would give rise to some debate unless it is proven the casino has committed fraud.
I have used more than 1 casino so far and some that I have provided verification also with different documents but still valid documents that I have.

Yes, if you really feel suspicious or don't trust the casino, then it's better to use another casino, which is easier to verify accounts.

Unless the casino is a shady one, the gambler can suspect it. But even if it is a shady casino, those gamblers should not use it for gambling and can choose another casino that has a clear reputation. We will only verify at trusted casinos and do not choose shady casinos or scam casinos because they can misuse our data. We should play it safe at a trusted casino that won't give us problems later. So if we know the reputation of a casino, we can decide calmly and don't need to worry about scam problems because a trusted casino will not disappoint its users.

Nowadays there are lots of trusted casinos that have good reputations in the gambling industry so when we have suspicions about one of the shady casinos, there is no need to try to access it to play because it is very risky, especially giving KYC data because some casinos are shady will only abuse the KYC you provide.
If you have to provide personal data or other valid data to play gambling, of course you will also choose a casino that is trusted and has a good reputation.
The mistake of beginners is that they think that new casinos or small casinos can provide benefits, but in reality some of these casinos cannot be trusted and only harm gamblers.

ethereumhunter

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Quote from: klidex on June 24, 2023, 01:23:12 PM

The casino refuses KYC data that has been sent by the customer and asks for other documents. Usually these customers make large deposits or even want to withdraw big wins from the casino, so the casino requires data that is truly genuine.
This is all done because it seems that the casino also wants to know that money with large amounts of money deposited by customers is real money that belongs to itself, not the result of money laundering and the casino also has the right to ask for other documents because if the customer wins big and the withdrawal is confirmed without any checks would harm the casino itself.
Because if the customer comes from a country where gambling is prohibited, of course this will be a problem for the casino too.

This is usually the case because the casino wants to make sure its customers are not involved in any illegal activity that could harm the casino. Checking the KYC documents in full makes casinos feel at ease but on the other hand, many gamblers feel uncomfortable about submitting complete documents to the casino. They thought that there should be no need to do KYC by sending lots of personal documents but that's what happened. And only people who feel confident about the casino that the casino is a trusted casino will do KYC so that their gambling accounts are verified and they can also play more calmly.

Quote from: tusandii on June 24, 2023, 09:40:06 PM

There is not only one legal document, and there are several that are owned by everyone, so it is only natural that casinos ask for other documents that are different from casinos out there.
Assuming the casino is fraudulent just because they ask for different documents is unethical in my opinion as that would give rise to some debate unless it is proven the casino has committed fraud.
I have used more than 1 casino so far and some that I have provided verification also with different documents but still valid documents that I have.

Yes, if you really feel suspicious or don't trust the casino, then it's better to use another casino, which is easier to verify accounts.

Unless the casino is a shady one, the gambler can suspect it. But even if it is a shady casino, those gamblers should not use it for gambling and can choose another casino that has a clear reputation. We will only verify at trusted casinos and do not choose shady casinos or scam casinos because they can misuse our data. We should play it safe at a trusted casino that won't give us problems later. So if we know the reputation of a casino, we can decide calmly and don't need to worry about scam problems because a trusted casino will not disappoint its users.

FanEagle

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Quote from: slapper on June 26, 2023, 10:13:55 AM

Quote from: Rabata on June 26, 2023, 12:10:08 AM

There are some casinos who plan to scam gamblers when they get big wins. They look for various types of faults of gamblers early and when they find those faults, they can easily block the withdrawal. Complaints of account blocking of some users have also been heard. These situations are faced only when the gambler gets a big win. And the gambler cannot get any information in advance about such a situation. So before gambling you must choose the right platform for avoiding such situations.

The shadowy side of the bright and shiny online gaming world appears tarnished by unprincipled acts. Its heartbreaking to learn about winners blocked unexpectedly. Yet, the responsibility of protecting oneself shouldnt fall solely on the gambler. Regulatory bodies must enforce more robust safeguards for bettors. Also, online casinos need to uphold transparency and honesty: no compromise on ethical norms.

Thus, while picking the right platform is wise advice, it should be paired with broader regulations for casino accountability

Regulations on online gambling is very hard, most of the casinos get their license from curacao, and as long as you pay them enough, they will let you do whatever you want to do and not really put any blame on you.

There are websites that could be used for this, but unfortunately most of those websites are paid to remove websites, so if you write a bad complaint, then they can pay the website and it will be removed, hell they abuse this and write bad reviews themselves even, to get payment from casinos, and casinos started to ignore it, and we started to ignore them too. So all in all there is really no regulation right now, casinos are dealing with trust, if you trust them enough, you do it and if you are lucky, then you won't have any bad happen.

slapper

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Quote from: Rabata on June 26, 2023, 12:10:08 AM

Quote from: robelneo on June 09, 2023, 05:59:00 PM

is part of what we agreed when we sign up to play in casinos but lately I've been reading a lot of complaints
about casinos on how they accept their players' KYC, is it possible that they can decline a person's credentials even though he swore that he submit all the right documents and even undergo a video call to establish his identity?

Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

There are some casinos who plan to scam gamblers when they get big wins. They look for various types of faults of gamblers early and when they find those faults, they can easily block the withdrawal. Complaints of account blocking of some users have also been heard. These situations are faced only when the gambler gets a big win. And the gambler cannot get any information in advance about such a situation. So before gambling you must choose the right platform for avoiding such situations.

The shadowy side of the bright and shiny online gaming world appears tarnished by unprincipled acts. Its heartbreaking to learn about winners blocked unexpectedly. Yet, the responsibility of protecting oneself shouldnt fall solely on the gambler. Regulatory bodies must enforce more robust safeguards for bettors. Also, online casinos need to uphold transparency and honesty: no compromise on ethical norms.

Thus, while picking the right platform is wise advice, it should be paired with broader regulations for casino accountability

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Quote from: BITCOIN4X on June 25, 2023, 04:07:00 PM

Quote from: bakasabo on June 25, 2023, 02:07:20 PM

I dont trust KYC system at all. Mainly because documents are widely available on the dark market, thus making it stupid to ask to prove your «real identity», secondly, because based on sent documents (pictures and data), it is impossible to tell what kind of person is. Smiling and attractive person on a photo, that pays all the utility bill in time can be a real scammer IRL.

You describe the weakness of the system, but the casino will probably realize that the KYC documents uploaded by customers are not theirs. It might not be as fast as it could be, but when a customer has trouble with a withdrawal, then all may be revealed.

After all, KYC in casinos is a way for the government to expect casinos not to be used as a means of money laundering, but the negative impact even outweighs the positive impact. Privacy concerns are the most obvious, that's because some casinos are unable to keep their customer data from leaking to third parties.

But KYC does not prevent casinos being used for money laundering. It seems that KYC for casinos are more formality then some kind of mechanism to prevent money laundering or cheating. Especially in casinos where gamblers can place bets. Casinos does not monitor 24/7 who is behind the device that is used to gamble. In case there is a trouble with withdrawal, anyone can spend $100 and get perfectly done IDs and get his money. People may even pay thousands to get fake passports, if the withdrawal amount is huge. And casinos can do nothing about it.

Rabata

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Quote from: robelneo on June 09, 2023, 05:59:00 PM

is part of what we agreed when we sign up to play in casinos but lately I've been reading a lot of complaints
about casinos on how they accept their players' KYC, is it possible that they can decline a person's credentials even though he swore that he submit all the right documents and even undergo a video call to establish his identity?

Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

There are some casinos who plan to scam gamblers when they get big wins. They look for various types of faults of gamblers early and when they find those faults, they can easily block the withdrawal. Complaints of account blocking of some users have also been heard. These situations are faced only when the gambler gets a big win. And the gambler cannot get any information in advance about such a situation. So before gambling you must choose the right platform for avoiding such situations.

robelneo

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Quote from: lizarder on June 23, 2023, 03:40:57 PM

Quote from: robelneo on June 09, 2023, 05:59:00 PM

Both parties the player and the casino can agree to do a mediation through third-party/parties. but do you think it has bad consequences if the third party proves the player is right in establishing his identity, then the casino's KYC is not reliable?

This actually looks strange when there are sites that reject KYC because almost many casino sites that encourage users to do KYC thoroughly. Although some people or I personally consider KYC something that is not needed because considering it can leak our identity, but when there is a casino site that has a reputation and many users who reject KYC actually need to be questioned, it could be a mistake in filling in personal data so The site refused and did not finish KYC perfectly.

Until now I have never been involved in a big victory in gambling so that I have never felt rejected and also never did KYC on any casino site, because at this time I only play gambling with small bets that are not so routine. So that the KYC rejection case I have never faced and felt for now and there was also no reference regarding the issue.

You are on the safe side if you're playing with a small amount because you are not on the money laundering radar, but you can never be so sure even if you're playing a small amount but if you are suspected of violation of their terms they can ask you for KYC, KYC when you sign up to a casino that asks for KYC expect it even if you think you're playing safe or you are not betting a large amount.

I don't want to be specific on KYC issues but there are instances in the scam section where both parties have to ask third parties to interfere with KYC issues, we may question the casino for declining but a third party will validate or decline the documents of the player, for a player they have to waived and agreed to the results and both parties should trust the third party verifier.

dothebeats

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Quote from: BITCOIN4X on June 25, 2023, 04:07:00 PM

Quote from: bakasabo on June 25, 2023, 02:07:20 PM

I dont trust KYC system at all. Mainly because documents are widely available on the dark market, thus making it stupid to ask to prove your «real identity», secondly, because based on sent documents (pictures and data), it is impossible to tell what kind of person is. Smiling and attractive person on a photo, that pays all the utility bill in time can be a real scammer IRL.

You describe the weakness of the system, but the casino will probably realize that the KYC documents uploaded by customers are not theirs. It might not be as fast as it could be, but when a customer has trouble with a withdrawal, then all may be revealed.

After all, KYC in casinos is a way for the government to expect casinos not to be used as a means of money laundering, but the negative impact even outweighs the positive impact. Privacy concerns are the most obvious, that's because some casinos are unable to keep their customer data from leaking to third parties.

Reading from the responses here, I guess you can say that most of where the concern comes from is the ability of the platforms to handle sensitive data. Not all of these gambling platforms can really provide security to the tons of KYC documents they are receiving from their users, and not all of these platforms intend to really submit these data - some might even be fishing these documents themselves and sell it online, who knows. The system in itself is really weak and there are tons of angles in which it can be attacked, but there aren't any workarounds to it unfortunately.

klidex

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Quote from: molsewid on June 25, 2023, 02:03:19 PM

Quote from: madnessteat on June 25, 2023, 01:50:02 PM

Quote from: iv4n on June 23, 2023, 12:09:22 PM

Well, it's tricky to deposit in some casinos that have that "optional KYC" if you are not ready to complete it if needed. I am the one who doesn't like KYC, and I will avoid it whenever I can, but in case of some problem with "taking the money out of the casino" I am ready to complete the KYC procedure.

I guess if someone is confident to deposit and play in some casino should be comfortable with the KYC system as well. Especially if some higher amounts are in question... you trust them with your money why shouldn't you trust them with some additional info?

I can trust my money to the casino where I play, but I do not trust their system of collecting and storing personal information. I trust the cryptocurrency wallet I use, but I can't trust the channel through which my personal data is transmitted. And that's fine when you've seen more than one major leak of personal data. I'm not a supporter of KYC either, but if there's $1000 on the line, I'll be forced to go through that procedure. It seems to me that in the future the KYC procedure will be as familiar as the signature on the receipt when receiving cash from the bank operator.

Me neither, but I only give my identification to some of the casinos that I always play with , sometimes I blurred some parts of my identification but sometimes it fails they did not accept but all in all do not share it with casinos that has less reputation, KYC is need in casinos now unlike before we should obey it but we should be extra careful.

eft]I'm sure you will do KYC for sure on your favorite site and the site has a pretty good reputation.
There is no other choice but to comply with the rules for sending KYC at a reputable casino and there is nothing wrong with us trying to trust the casino because KYC has now become a common part of big gambling even outside of gambling KYC has become a trend that is spreading all over the world. and we can not deny this all.
The most important thing is don't easily share KYC, always check that this site is really safe.[/left]

BITCOIN4X

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Quote from: bakasabo on June 25, 2023, 02:07:20 PM

I dont trust KYC system at all. Mainly because documents are widely available on the dark market, thus making it stupid to ask to prove your «real identity», secondly, because based on sent documents (pictures and data), it is impossible to tell what kind of person is. Smiling and attractive person on a photo, that pays all the utility bill in time can be a real scammer IRL.

You describe the weakness of the system, but the casino will probably realize that the KYC documents uploaded by customers are not theirs. It might not be as fast as it could be, but when a customer has trouble with a withdrawal, then all may be revealed.

After all, KYC in casinos is a way for the government to expect casinos not to be used as a means of money laundering, but the negative impact even outweighs the positive impact. Privacy concerns are the most obvious, that's because some casinos are unable to keep their customer data from leaking to third parties.

BitcoinPanther

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Honestly I am a bit hesitant on the reliability of the KYC system since we never knew if the party conducting the KYC has high security that can resist hacks and avoid data leaks. It is like blindly trusting our identities to a company that we don't know the credibility. As much as possible I do not want to undergo KYC but we have no choice but to follow the rule since we are in need to use their platform or in need to be able to withdraw a huge amount of money pending on the platform.

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Quote from: benalexis12 on June 24, 2023, 12:38:26 AM

This is quite one of the terrible that will happen of a gambler who entered a casino platform here in the crypto gambling industry that after we gave our important documents to them, only to find out in the end that we were just declined.
The difficult thing here is that we have already declined to what they want and they still know and hold our true identity. So the risk of this is that we are not sure if it can be used in a bad way at the moment that the only thing we can do is pray that it is not used in a bad way.

This is the most hated thing about KYC, and then the challenge remain whether your information is really deleted from their end or not. I wish there are actual regulatory bodies who review this casinoa regarding personal information because under the law, there is a limit to where users information are supposed to confined but I'm very confident that as a long as it's a cooperate company that is responsible for this verification, there are always room for abuse of opportunity and selling of users information. If my basic information and IP address is not enough to allow me gamble free, I will quit using the betting site, no further documents will be released to them from my end.

bakasabo

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I dont trust KYC system at all. Mainly because documents are widely available on the dark market, thus making it stupid to ask to prove your «real identity», secondly, because based on sent documents (pictures and data), it is impossible to tell what kind of person is. Smiling and attractive person on a photo, that pays all the utility bill in time can be a real scammer IRL.

molsewid

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Quote from: madnessteat on June 25, 2023, 01:50:02 PM

Quote from: iv4n on June 23, 2023, 12:09:22 PM

Well, it's tricky to deposit in some casinos that have that "optional KYC" if you are not ready to complete it if needed. I am the one who doesn't like KYC, and I will avoid it whenever I can, but in case of some problem with "taking the money out of the casino" I am ready to complete the KYC procedure.

I guess if someone is confident to deposit and play in some casino should be comfortable with the KYC system as well. Especially if some higher amounts are in question... you trust them with your money why shouldn't you trust them with some additional info?

I can trust my money to the casino where I play, but I do not trust their system of collecting and storing personal information. I trust the cryptocurrency wallet I use, but I can't trust the channel through which my personal data is transmitted. And that's fine when you've seen more than one major leak of personal data. I'm not a supporter of KYC either, but if there's $1000 on the line, I'll be forced to go through that procedure. It seems to me that in the future the KYC procedure will be as familiar as the signature on the receipt when receiving cash from the bank operator.

Me neither, but I only give my identification to some of the casinos that I always play with , sometimes I blurred some parts of my identification but sometimes it fails they did not accept but all in all do not share it with casinos that has less reputation, KYC is need in casinos now unlike before we should obey it but we should be extra careful.

madnessteat

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Quote from: iv4n on June 23, 2023, 12:09:22 PM

Well, it's tricky to deposit in some casinos that have that "optional KYC" if you are not ready to complete it if needed. I am the one who doesn't like KYC, and I will avoid it whenever I can, but in case of some problem with "taking the money out of the casino" I am ready to complete the KYC procedure.

I guess if someone is confident to deposit and play in some casino should be comfortable with the KYC system as well. Especially if some higher amounts are in question... you trust them with your money why shouldn't you trust them with some additional info?

I can trust my money to the casino where I play, but I do not trust their system of collecting and storing personal information. I trust the cryptocurrency wallet I use, but I can't trust the channel through which my personal data is transmitted. And that's fine when you've seen more than one major leak of personal data. I'm not a supporter of KYC either, but if there's $1000 on the line, I'll be forced to go through that procedure. It seems to me that in the future the KYC procedure will be as familiar as the signature on the receipt when receiving cash from the bank operator.

Bananington

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Whether we like to admit it or not, the KYC verification is here to stay. Infact, if you are new and want to partake of the online space to earn a living or do business, be sure to be asked for verification on almost any apps you download or install for usage.
Am confident in the reliability of the KYC system, I don't have a choice if I want my coins to be safe, if I want to trade freely and have more opportunities too.

There is the scare of hackers or companies stealing users data/information, but we don't always want to be reminded of it, that's why it is always adviced to after using KYC, set two factor authentication, set passwords, use hardware wallet, keep private keys and phrases safe and tucked away.

len01

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Quote from: Slow death on June 24, 2023, 04:28:11 PM

true and unfortunately many people do not think about it, with so many casinos that exist and that are being created every day, people are creating accounts in many casinos, and because of that they are forced to have to kyc in many casinos, so they have to run the risk of exposing their documents in many casinos, and most of the time they are recent casinos that only have a few days of activity and that easily become scam and disappear, so we have to ask ourselves what happens to people's documents when a casino becomes scam and disappears

I assume that the person's documents are sold, scammers will always do everything to earn money in an easy and dishonest way, if a thief makes an offer to scammers for the casino scammer to sell customer data, the scammer will not refuse this offer, it will sell everything to criminals, that's why we have to be very careful with very new casinos, they can be created by scammers who intend to steal people's money and data and sell on the black market

IMO, someone who is experienced in gambling will definitely not easily send KYC to a casino that is not known before and someone who is experienced will always avoid sending KYC at a new casino and prefer to create an account at a popular casino that already has a good reputation.
I doubt there are many gamblers who are willing to send KYC at a new casino that doesn't have much traffic yet. because they won't easily believe anything new casino has to offer even if the promotional offer is $100 for KYC only and I would also avoid this.

tusandii

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Quote from: ethereumhunter on June 24, 2023, 05:42:09 AM

A casino that refuses valid documents from us is probably a scam casino because if we use those documents to verify other sites and they accept them fine, it should also be fine to verify on other sites, including the casino. I only think that way because the document is our personal and original property. So it's very strange if the casino refuses it and instead asks for other documents besides verifying our gambling account.

That's why we must find a casino that won't do that. Many other casinos still accept our documents and verify them properly so that our gambling account will be verified. But I don't think we need to continue if we have already submitted documents to the casino and they refuse it and instead ask for other documents. Usually, the casino suspects something, so they ask us to send other documents.

There is not only one legal document, and there are several that are owned by everyone, so it is only natural that casinos ask for other documents that are different from casinos out there.
Assuming the casino is fraudulent just because they ask for different documents is unethical in my opinion as that would give rise to some debate unless it is proven the casino has committed fraud.
I have used more than 1 casino so far and some that I have provided verification also with different documents but still valid documents that I have.

Yes, if you really feel suspicious or don't trust the casino, then it's better to use another casino, which is easier to verify accounts.

Slow death

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Quote from: benalexis12 on June 24, 2023, 12:38:26 AM

This is quite one of the terrible that will happen of a gambler who entered a casino platform here in the crypto gambling industry that after we gave our important documents to them, only to find out in the end that we were just declined.
The difficult thing here is that we have already declined to what they want and they still know and hold our true identity. So the risk of this is that we are not sure if it can be used in a bad way at the moment that the only thing we can do is pray that it is not used in a bad way.

true and unfortunately many people do not think about it, with so many casinos that exist and that are being created every day, people are creating accounts in many casinos, and because of that they are forced to have to kyc in many casinos, so they have to run the risk of exposing their documents in many casinos, and most of the time they are recent casinos that only have a few days of activity and that easily become scam and disappear, so we have to ask ourselves what happens to people's documents when a casino becomes scam and disappears

I assume that the person's documents are sold, scammers will always do everything to earn money in an easy and dishonest way, if a thief makes an offer to scammers for the casino scammer to sell customer data, the scammer will not refuse this offer, it will sell everything to criminals, that's why we have to be very careful with very new casinos, they can be created by scammers who intend to steal people's money and data and sell on the black market

klidex

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Quote from: ethereumhunter on June 24, 2023, 05:42:09 AM

Quote from: benalexis12 on June 24, 2023, 12:38:26 AM

Quote from: coin-investor on June 09, 2023, 11:49:42 PM

Quote from: Casdinyard on June 09, 2023, 06:22:18 PM

In any case, KYC shouldn't be questioned, it's a very reliable form of verification to ensure that law enforcements can get a hold of you when shit hits the fan, and it's also a form of customer protection as a company that requires KYC is obliged to work in close relations with their respective government, if things don't go well for you, you can sue them in court and have them pay you for reparations.

That should be the case but in some cases, casinos are declining the KYC because they cannot establish the identity how can it be possible if you are the one playing and you submit all your documents then you are declined?
It's hard to accept for a player if he can't get his account verified even though all the documents needed are already submitted.

I already did KYC on government institutions and some sites and they accept it because it's really me and all the documents they requested are all submitted then how come casinos cannot?

This is quite one of the terrible that will happen of a gambler who entered a casino platform here in the crypto gambling industry that after we gave our important documents to them, only to find out in the end that we were just declined.
The difficult thing here is that we have already declined to what they want and they still know and hold our true identity. So the risk of this is that we are not sure if it can be used in a bad way at the moment that the only thing we can do is pray that it is not used in a bad way.

A casino that refuses valid documents from us is probably a scam casino because if we use those documents to verify other sites and they accept them fine, it should also be fine to verify on other sites, including the casino. I only think that way because the document is our personal and original property. So it's very strange if the casino refuses it and instead asks for other documents besides verifying our gambling account.

That's why we must find a casino that won't do that. Many other casinos still accept our documents and verify them properly so that our gambling account will be verified. But I don't think we need to continue if we have already submitted documents to the casino and they refuse it and instead ask for other documents. Usually, the casino suspects something, so they ask us to send other documents.

The casino refuses KYC data that has been sent by the customer and asks for other documents. Usually these customers make large deposits or even want to withdraw big wins from the casino, so the casino requires data that is truly genuine.
This is all done because it seems that the casino also wants to know that money with large amounts of money deposited by customers is real money that belongs to itself, not the result of money laundering and the casino also has the right to ask for other documents because if the customer wins big and the withdrawal is confirmed without any checks would harm the casino itself.
Because if the customer comes from a country where gambling is prohibited, of course this will be a problem for the casino too.

Topic: How Confident Are You In The Reliability of the KYC system - page 3. (Read 998 times)