Topic: How Much do you Value your Privacy in Gambling? - page 4. (Read 1423 times)

Trusting a casino with our money is something we need to ponder about. We should not just put money on a casino with the attempt of winning and cashing out part of the funds we are going to earn from the casino without understanding have reputable the casino could be. The mistake many gamblers have made many times is not doing a good research about a casino before betting on it..we need to test any casino we are new to with little fund betting on it and cashing out before we can be rest assured that our funds on such casino will be safe from being freeze for no reason.

kyc to some of us os not a big deal most especially when we have a big balance being stocked for lack of kYC to be able to withdraw,  this is not a case since most centralized casinos already have the rule in the T&C that,  if you want to withdraw an amount that is higher that $5k then you need to provide kyc to back up you limit at base which is below 5k for non kyc accounts.

Most casinos already have this rules well spelt out for their client to see and also align themselves to that,  some and most times,  gamblers will rather chose not to look at that aspect of the rules and there after go ahead to make attempt to either deposit or withdraw amount that is higher than their trenchhold which often lead them to confusion about the term and there after possibly blame the casino for they own failure to follow rules.

And I think once you created an account in social media, for sure they have your digital footprints already and it's hard to erase it. I have seen my footprints even in the early 2000's still in the Internet, (remember Lycos)? So yeah, if we think about it, maybe some of us doesn't care about the KYC or privacy as everyone is already on the internet like 15-20 years ago and their data are still there no matter what. It's that recently, specially when bitcoin or crypto was introduce, we somewhat become aware that we should stay anonymous.

But it is what it is now, it has evolved, regulators wanted to know everyone, and they don't want someone to hide on the guise of being anonymous in crypto and then do bad things, (hacks, scams, money laundering and others). And even if you go to land base casinos, you may want to get a card and avail it so that you can get mileage points and use it later. So you fill up everything to them. In case that they are hack, then obviously, your data can also be leaked just like in online casinos or any other crypto related services.

Agree!

There's no other way or things that you could be able to avoid about being known or your information would really be that really needing for you to comply so that you could really be able to withdraw
or be able to get those functionalities if we do speak about exchanges. It is really that becoming that in every corners on which it is really that regulation would really be that always
attached into things on which we us users or gamblers would really be having no choice. If there are still some non-KYC platforms but still you cant really be that too confident
because once you do hit up a particular threshold then for sure you would really be needing to have that kind of verification which it isnt really that surprising anymore.
Valuing your privacy? but since these businesses are licensed then for sure you would really be having that kind of big problem.

I've had my digital footprint already embedded over the internet, if people and ad agencies ever decided to reach out to me to talk about my car's extended warranty, they could and they would. That's why I don't really care that much for my privacy especially in the case of gambling sites asking for information so they can allow me to gamble. I would be more than happy to verify my existence and have the chance to gamble than be stingy about it and not be allowed to. There's also just something about casinos who ask for KYC, something along the lines of security cause you know they are really paying cause there's no way in hell they're going to spend that much money and effort to implement a KYC feature if they're going to dip on their customers.

Currently, there are no more things like privacy in the cryptocurrency market, everything has become regulated, casinos need to have a license and ask for kyc, exchanges also ask for kyc. So it's not something that people don't know. for example when a person creates an account at a new casino, that person when depositing money, must be aware that even if the casino insists that they do not ask for kyc, eventually that same casino will ask for kyc, it will change the TOS without prior notice and the people who They put money into this new casino, they will have no choice but to go through kyc

People should not be fooled into thinking that casinos that are decentralized are the best options because they are fighting against the system implemented by governments. This thinking is dangerous, the most important thing is that people choose old casinos like stake.com and comply with the casino's TOS and not use new casinos without a reputation and after they win a lot of money in these new casinos and are unable to withdraw they start to come complain to this forum. It doesn't make sense for people to take a lot of risk in using strange casinos when they could be using good casinos.

I often ask myself why there are people with more than 10 accounts at 10 different casinos? How can you use 10 casinos at the same time? And to make matters worse, every time a new casino comes, they also create an account at that new casino, so they come and complain about kyc. But what did you expect? it was expected that they would do kyc in the 10 casinos. Unfortunately, people haven't thought very carefully about this kyc issue and are demanding it. In my opinion, you shouldn't ask much of kyc

I doubt I would ever use a casino that’s not recognized or reputable in the gambling industry to avoid having withdrawal issues later on but In a scenario where I do use a new casino that’s barely recognized for whatever reasons, and happen to win some good money like the amount you mentioned, I guess I’ll be really moved into doing a full KYC with them.
$70k is quite a lot of money for a lot of people and would motivate a whole lot of gamblers into submitting relevant documents to get their hands on their winnings.

I value my privacy and I wouldn't use a casino that requires it, but let's say we have a strange situation, where I got mislead by the casino and thought there's no KYC, played for a bit and won a lot of money, but they want my private information. If there was a way to use someone else's data, I'd pay someone part of the profits to do KYC posing as me. Yes' I'd try to cheat here, but I'd feel cheated by the casino in the first place, so an eye for an eye
If there was no way to do that without raising suspicion and risking all the money, I'd probably do KYC and take the money.
We're talking about $70k, so that's like a 3 year wage for me.

First of all, I wouldn't choose to deposit on a casino which I can't trust with my KYC details and since I am not a high roller I am always okay to provide the basic details such as National ID verification and liveness test too if needed.

I will not be giving them further details like bank statements, proof of income, or whatever you consider sensitive information to share with anyone.

It doesn't make sense and I can't think why anyone would have that mindset, they should be able to differentiate gambling from work, although maybe their winnings are much greater than the income from their main job but there is a very significant difference there. Gambling is just about luck, and if you manage to hit a big jackpot it doesn't mean you have to quit your job because the amount of winnings from gambling is bigger. Let's think about it, gambling is based on luck and there is no guarantee that you will always win, while a job has a full guarantee because you get income through the contribution of yourself working even if the amount is small but it will be consistent as long as you are willing to do it. So it doesn't make sense to use that as an excuse to quit your job.

Yes, people who have such a mindset are none other than because they are lazy to work and always depend on the luck of gambling, gambling will absolutely not be able to make your life better but on the contrary you will continue to experience financial problems because of this activity. Basically and in accordance with the fact that gambling is created for victory is always on the side of the house, so if they come with the intention of earning then obviously will definitely suffer a lot of defeat.

The level of my privacy protection is at highest in terms of my preparedness that have brought me to a significant position twhereI only gamble on reputable casinos and do not get so carried away to the point of handing over my privacy to them because at some point those new casinos can easily get hacked and data stolen could be used to perpetrate evil that can put the original owner to risks.
And also we have to place a lot of emphasis on the issue of data protection and how best to avoid such incidents,  and at some point, it becomes so obvious that only a few casinos truly protect the data of their clients.

Just as sure, Dev casino wants to keep the winner's sensitive data and the right to hold it for their benefit for the archive.

Winners or other users will inevitably do KYC for the money they will get or claim unilaterally, which is a procedure to meet customer standards.
I noticed like the law of attraction or request and request.

Speaking of Kyc, crypto projects, both tesnets, airdrops, some of which have penetrated into certain validator nodes, have also implemented Kyc before the distribution or receipt of reward benefits whose listing prices do not yet know what prices.
Financial technology companies and applications that offer financial services are also the same,
I finally joined Kyc because I wanted to enjoy the full features they offered even if only for a trial.

In my opinion, Kyc is one of them as consumer protection, in case of fraud, account hacking and data recovery.
also as a record if it occurs in transactions can be accounted for both from the law, the form of violation with regulations in each country.

This is the dumbest reasoning ever for people that has low salary on their job. Why find another job that pays well or improve your work for a chance to promotion to get more earnings.

People that using gambling as an alternative for being lazy on finding appropriate job usually becomes more poorer since gambling is designed to get money from players not the other way around due to the house edge. We gamblers are using casino games and services which casino is paying. We should be playing to get entertainment from their service and not to focus on quick rich scheme so that we can enjoy the game itself.

The value your place on your life will depend on the level in life that you are. I am not very rich, and when I gamble, I expect to win money. I expect to win big money that can change my life. If I win a very big amount like 70,000 dollars which is a lot in my country, I have not seen that kind of money before, so it is an amount of money that is enough for me to gamble my privacy on. I will just to be extra careful try to make extra research to confirm the reputation of the casino to know if they are other gamblers there that have won money before there and were able to successfully withdraw it. This forum can help me with that because I can just easily ask here.

Yeah, I can't understand with people who're want to gamble in centralized casino and can't accept to comply with the rules, they're a licensed casino and have a regulation. If people want to protect their privacy, they need to gamble with their friends and keep it private, so no one will know except themselves.

When he gambler get the jackpot form the gambling,So he can quit the hard job which give the less money for the huge work.Most of the job was giving less pay for the more work in the real life.So the people suffering from such situation may try the gambling for the life upliftment.But it’s not guaranteed one,So it’s essential to have the mind set of both win or loss.The reason for the privacy is mainly for the tax paying,if the person who win will be identified by their government.Then the winning person need to pat the taxes for their winning.This was the biggest reason for the gambler to keep their privacy in the gambling sites.

you got me rolling on the floor with this comment. one thing certain which I think many of us don't seem to understand is that, we are not anonymous in the world we live in, several platforms have our identities, and some of these platforms we may not even or completely trust, but we still go ahead to give them what they ask for in terms of KYC because we have no choice, or they make the whole system look to us like we have no choice.
Example is the banks, believe it or not, the banks are one of the platforms I never trusted, but each time I visit, I have no choice but to do all their bidding for the sake of my money, this is exactly the same for gambler who would be in the same situation as I imagined and wrote in the op.

This is why i think privacy comes with a price tag, anyone can claim to be very reserved when it comes to KYCing on a gambling casino, but there is the kind of money that will be involved, such person won't hesitate to succumb to the bidding of the casino, as without doing what they ask, you likely will not access to the potential wealth before you.

If personal information falls into the hands of a scammer then I can't think of any way to be safe. In general, sites that are low-quality or new are more likely to be scams. A site that has been conducting gambling for a long time and who has built their reputation will never try to put others at risk. Because they will give more priority to their business. I also inform about a site where after a big win they asked for KYC and even after completing the KYC they stopped withdrawing the winnings. There is no expectation of personal information being protected by unscrupulous people trying to steal money from others.

This is an interesting problem you've brought up here. I think how much someone values privacy when gambling really depends on the person.  

If I somehow won a good chunk of change, like ,000 or more, and the casino demanded a thorough KYC and to give them all my information, I probably wouldn't think twice about it and would hand over what they asked for right away.  But if it was some casino I wasn't familiar with and wasnt sure I could trust I'd be more hesitant and probably wouldn't risk betting really big money there in the first place.  

You said the total bet was under $100 which isn't a lot but still wouldnt make me feel comfortable either.  I'd probably start by placing bets of just a couple bucks to test out the site first and  for me, step one would be doing some research on the casino's reputation and if I could find any reviews or feedback from other gamblers.  If everything looked legit and trustworthy, then I might feel better about going through their verification process.

Converting the win to my local currency will make me an instant millionaire. It will also be an end to poverty for me so I will also be willing to submit my KYC. But asking for my house address is going to the extreme because it can be very risky. They can sell my information which includes my house address to criminals who already know how much I am worth. In such a case, I will have to relocate from my house or possibly outside the province. I will not patronize a casino that requires my residential address. A phone number or email is tolerable but a house address is an extreme invasion of privacy. Patronizing reputable casinos remains the best option because they always abide by the provisions of their ToS.