So, for some days now, I've had this thought of "how much some people really value their privacy in gambling", like as a gambler, you signed up on a new casino and immediately, you are allowed to deposit and play without going through a KYC verification process like we do on some casinos immediately after registration.
You start playing and luckily, you won a significant amount of money.
I know the word "significant" can mean different values for different gamblers, so let's use figures i personally think are significant and capable of changing lives.
So, let's assume you luckily won anything as from $70,000 and above with a total bet below $100, and to withdraw this money, or even part of it, the casino requires you to pass all levels of verification in their system, which means that you will have to provide them all your personally information down to the most private of them all, and this casino is relatively new and you are not sure about their reputation.
Will you go ahead and provide them all they require from you for account verification, so they can process your withdrawal request, or will you willingly forfeit such amount of money back to the casino on the account that your private information is more expensive than that amount of money you have own from them?
I love to read your thoughts on this.
Privacy is something that I highly value and is actually one of my criteria when choosing a casino. So my answer would be it depends on the casino. If ever that this happens to me, the first thing that I will do is to check if the casino is reliable and credible, and if they have established trust with their customers. If not, then I will not have any second thoughts but to refuse this because I will not give up my privacy just for the sake of earning that kind of money. Even though that is an immense amount of money, I will not do it as there is no money that would amount of my privacy. Secondly, I am aware that KYC is needed in every transaction, but I don't think that there casinos that requires their customer to give their "private information" because I don't think this would be necessary at all. So, I think the best way is to know the casino first. This is just my opinion.