At first it is advisable for one to read Terms of Service before engaging with a casino so that in the nearest future if one wins big, there would not be any issues but the truth remains the same that whether KYC or no KYC, casinos are very funny sometimes and that is when a gambler wins big on a casino the gambler should expect to see the casino in action to start demanding for documents wether KYC free or not.
If I were to be the one, since I have been playing on that casino and have been recording losses, I don't think I would leave such, looking at the amount involved and the previous loss I have recorded with the casino. Maybe luck just shine on me for compensation for what I have lost. Since they need KYC I'll do it and walk away with my money and never return to the casino again because doing that, it might likely be difficult for you to win a game there again so it is best you do the KYC take your money and leave the casino for good.
Topic: How Much do you Value your Privacy in Gambling? - page 8. (Read 1356 times)
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?
Since I was playing at a casino containing such rules I would be already aware about the fact I had to delivery my personal informations any moment, if asked. So it wouldn't be an issue, due to it being already predictable to happen at some point. Someone who isn't willing to give his personal data to gambling platforms shouldn't be gambling on them, at first point. It's like wishing to go swimming, without getting wet on the process. Anyway, our private information is everywhere on this digital world. If a leak it's not going to happen through a casino, it will happen through a government's agency or your banking company. The best way to live nowadays is having nothing to hide! 
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.
My answer is the same as most gamblers, and i'll submit my KYC (all levels) to withdraw $70k worth of winnings if it comes down to that or walk away with nothing. Even if it's a new casino, that amount of winnings is always worth a shot when most gamblers win less than that and would try to look for ways to withdraw the money from their account. Casinos would rarely cause inconvenience for their players unless they have to do it for security reasons because i've seen a few casinos willing to delay their transactions only to avoid losses. I love to read your thoughts on this.
I do value my privacy and avoid doing KYC as much as possible not only on gambling platforms but rather in most online platforms such as trading or crypto websites.
However, if I won a significant amount with just my usual bet amount per gambling session such as the amount mentioned, then I might try to double check the platform before proceeding with KYC verification specially that gambling platform is fairly new.
However, if I won a significant amount with just my usual bet amount per gambling session such as the amount mentioned, then I might try to double check the platform before proceeding with KYC verification specially that gambling platform is fairly new.
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.
Gambler will try to play the gambling with out the KYC,because they will try keep their identity hidden to the gambling website itself.The gambling allow the gambler to withdrew the big win after the kyc verification,it’s the process in the gambling.But some gambler will escalate the gambling site by this action,actually the gambler had forgot the fact the gambling sites asking KYC is just the procedure.You also providing the personal detail in personal to the gambling sites.So your information will be totally in the safer side.Only few gambler will ready to do the procedure describe by the gambling sites at the time of verification.
This is very good thread to discussion about the privacy of gamblers and I casino representatives should also participate in the discussion and also see others comments so they can see different feeling from gamblers. Normally the way I looked at it, gamblers have no privacy in casino because even if they (gamblers) are trying to be anonymous the casinos would like to ask the KYC and the information given to them is not only only in the database but also in the support term, and if the support term decide to leak the information then your information are no longer privacy. just like a popular saying on social media that "you friend told me not to tell you what you told him" 
and whenever I remember this statement, it makes me laugh . The secret is always is within you and once you tell another person then it is no long secrete. Therefore, giving your information to a casino is no longer a privacy again.
and whenever I remember this statement, it makes me laugh . The secret is always is within you and once you tell another person then it is no long secrete. Therefore, giving your information to a casino is no longer a privacy again.
It's unlikely that I'm going to play in a new casino without an announcement here or reviews coming from reputable sites, but if this happens to me I will delay my cashout and will ask Bitcointalk members first if anyone here received their cashout on the said casino and if they have scam accusations on review sites and on other forums, it's better to be safe than sorry, your winning will not disappear just because you delay your withdrawal.
I have doubts about newly launched casinos that they can cash out that huge amount of money, I will have to read their intention if they want to stay in this business for a long time.
Of course, the worst thing that could happen is you do a KYC and they delay it or accuse you of cheating so it's better to do your research and not gamble with your sensitive information, also check in their terms if KYC is mandatory for every cashout if there is a threshold then request a small amount, if they let you withdraw then its good and just withdraw your earnings if they proved that they are a reputable casino.
I have doubts about newly launched casinos that they can cash out that huge amount of money, I will have to read their intention if they want to stay in this business for a long time.
Of course, the worst thing that could happen is you do a KYC and they delay it or accuse you of cheating so it's better to do your research and not gamble with your sensitive information, also check in their terms if KYC is mandatory for every cashout if there is a threshold then request a small amount, if they let you withdraw then its good and just withdraw your earnings if they proved that they are a reputable casino.
Actually this is one of the valuable things it consist of your information with your self that other people can be used with their illegal activity, there's a data privacy act that must need to submit by the gambling casino so any leakage of information from their users there's a sanction to them but i don't know if there's a case of it already.
With this large number of amount wins i guess ill do KYC too lol, people have a different perspectives, they want to keep themselves anonymous and safe and some others they don't really care too because there's no really safe in the internet, we encounter as always spammers and scammers trying to reach out us every time even though we didn't give any information we don't know where it came from.
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 like going for reputable sites. If I win $70000, I do not care about KYC but the money won and I will do KYC immediately. What can be the problem is for the gambling site not to be capable of paying the money, it can not be a scam site that will sell people's KYC to other people to use. Also in reputed sites that you have use KYC to verify before, not that they are better because any site can misuse customers KYC.With this large number of amount wins i guess ill do KYC too lol, people have a different perspectives, they want to keep themselves anonymous and safe and some others they don't really care too because there's no really safe in the internet, we encounter as always spammers and scammers trying to reach out us every time even though we didn't give any information we don't know where it came from.
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?
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?
First of all, why would I play in casino that I have no idea about the reputation? Even if for small deposit, I would not do it in unknown casinos.
Secondly, 70k is a huge amount for those who live in 3rd world countries like me so I'll do follow the steps asked by the casino where I play (of course reputable casino) in order to withdraw the $70k.
Last but not least, if it happen accidently that I played and won that big amount of money in a non reputable casino, I'll do more researches first before providing by personal documents.
If I can find some valid information that the casino is doing bad things with KYC (to reject withdrawal even after KYC is done), probably I'll not do it but it is still worth to gamble (do the KYC) because we never know if we dont try.
Gambling isn't an illegal engagement as far as the gambler has reached the age of 18 and above so providing a gambling company your full details in other to access your winning shouldn't be a big deal.
This is not easy it is a choice between your privacy and the money that you're dreaming of having, my choice is will take a chance but withdraw only half of it since it is a new casino they are not yet in profit, I will also let them know that I have an active account here in Bitcointalk and will post a testimonial that I have received my payout but of course they need to have an account here, I don't want to spam the forum by promoting a casino that does not have an announcement here.
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?
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?
First of all, why would I play in casino that I have no idea about the reputation? Even if for small deposit, I would not do it in unknown casinos.
Secondly, 70k is a huge amount for those who live in 3rd world countries like me so I'll do follow the steps asked by the casino where I play (of course reputable casino) in order to withdraw the $70k.
Last but not least, if it happen accidently that I played and won that big amount of money in a non reputable casino, I'll do more researches first before providing by personal documents.
If I can find some valid information that the casino is doing bad things with KYC (to reject withdrawal even after KYC is done), probably I'll not do it but it is still worth to gamble (do the KYC) because we never know if we dont try.
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?
For me, privacy is important, but for some platforms I don't really care about the KYC I do.but in the case of a new casino, I usually do a test first for deposits and withdrawals. especially when we claim the bonuses usually given by new casinos. a few spins and get a win, try making a withdrawal. If it is successful and smooth, I will continue using the casino, even though I have a favorite casino.
if the case is a big win, although I have never had anything like that from a new casino. What is clear is that we have to look for information regarding their reputation. If so and you don't have any problems with the privacy and KYC data requested, just do it. That's a big win, it definitely also affects your psychology in making decisions.
Still playing on a centralized services such as casino that has a clear statement about potential KYC in the future means you are already surrendering your privacy to the casino win or lose.
People that value their privacy shouldn’t be using any kind of centralized services all of them automatically stole it from you the moment you register and deposit unless you don’t have any plan on withdrawing your money out of the services at all. With this knowledge in mind, I believe I will submit my KYC to have a shot to my profit since I’m already prepared to submit KYC the moment I use the casino.
Denying to the win just to avoid KYC doesn’t make sense since why you are playing on a casino at all that has a potential KYC requirements on their terms.
People that value their privacy shouldn’t be using any kind of centralized services all of them automatically stole it from you the moment you register and deposit unless you don’t have any plan on withdrawing your money out of the services at all. With this knowledge in mind, I believe I will submit my KYC to have a shot to my profit since I’m already prepared to submit KYC the moment I use the casino.
Denying to the win just to avoid KYC doesn’t make sense since why you are playing on a casino at all that has a potential KYC requirements on their terms.
Before submitting KYC I think we have to check first the legitimacy of any casino sites we are planning to get in. Privacy is one of the important thing we need to consider when interacting with gambling sites. This is also the reason why I myself usually don't play online gambling sites before because of KYC. I only gamble with lottery in an outlet. If ever I won the $70,000 pot on an online gambling site I will make sure it is legitimate before handling over my personal information as a requirement for withdrawal.
If you gamble in a centralized casino where you need to sign up or open an account, it's mean you're already share your identity, at least your IP address, email address, username and the Bitcoin address you use.
The only way to stay anonymous during gambling is the site is supporting Tor, which I still not find such trusted casino that support Tor.
The only way to stay anonymous during gambling is the site is supporting Tor, which I still not find such trusted casino that support Tor.
Would the IP, email, and username matter to the casinos or the KYC documents?
Because you can definitely just use someone else internet connection and throw away email for the purpose of playing on casinos. But sending government IDs is totally different from what KYC files for they can know exactly where you live and even your siblings. I'm sure many of us are not ready to share those info but because they are not very conscious about it, some of us are just not minding it and send IDs.
I think that the answer to that question is best known by those who lost their privacy because their personal data was leaked somewhere, or even more so by those who became victims of identity theft or perhaps even targeted physical attacks due to the leakage of personal data.
For someone, personal data may be worth a profit of $70k, for someone else it is worth much more than that. I assume that for those who are passionate gamblers and want to do it from the comfort of their own home, there is no choice when it comes to privacy - some others will find a physical casino and all they have to do is prove that they are old enough to gamble.
For someone, personal data may be worth a profit of $70k, for someone else it is worth much more than that. I assume that for those who are passionate gamblers and want to do it from the comfort of their own home, there is no choice when it comes to privacy - some others will find a physical casino and all they have to do is prove that they are old enough to gamble.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Snip
First, any casino that do this is not to be trusted and the intention might likely to deny you the money or make the conditions a little difficult to check if you will give up on the funds. Though i must confess to the fact that this kind of attitude have greatly reduced in casinos, but between 5 casinos that a gambler is playing on without passing KYC verification, one or two of that casinos will or may likely do this if the gambler wins a substantial sum of money and wants to withdraw it.
- In real life, if I win $70,000 in gambling, I will give them everything they need, as long as I get that amount. That is a huge amount here in our country. Also, if I know that the casino is reputable, I will not regret giving my personal data information.
Because knowing that a reputable casino won't let them be ruined for just that amount in exchange for their ruin, there is a tendency to lose gamblers from their platform. So I won't mind if they find out who I really am, and besides, I'm not a wanted person, so it's fine.
Because knowing that a reputable casino won't let them be ruined for just that amount in exchange for their ruin, there is a tendency to lose gamblers from their platform. So I won't mind if they find out who I really am, and besides, I'm not a wanted person, so it's fine.
I don't know if this will make sense to anyone but if I were to describe my valuation of my privacy, I would compare it to someone who would choose a shady casino that doesn't do any KYC. I think that that's how intense I value my privacy. If I put it in simple terms, I'd rather risk my money than for some random entity online to have my information which I know that they're going to have a lot of use when they get it. Maybe my mindset of not being attached on material things helps me formulate towards that privacy valuation so this might not be making sense to others.
If you gamble in a centralized casino where you need to sign up or open an account, it's mean you're already share your identity, at least your IP address, email address, username and the Bitcoin address you use.
The only way to stay anonymous during gambling is the site is supporting Tor, which I still not find such trusted casino that support Tor.
The only way to stay anonymous during gambling is the site is supporting Tor, which I still not find such trusted casino that support Tor.
Jump to: