is KYC data on Gambling sites safe? - page 24.

Reatim

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Quote from: RILWAN on May 30, 2023, 06:58:40 PM

I have read in one or two aces that there is the possibility that some of this platforms and sites we submit KYC to sell those datas to scammers who are using others identity to commit fraud, i don know how true that is but i dint doubt the possibility either, so as that we need to take responsibility for our safety of we must survive in this market.

it has been tackled many times before about the data is being sold to 3rd party users in which majority is scammers or hackers because who is in the right mind and plans that wanted to purchase data if will not use in other side things?
what we only need to do is play in casinos that has been proven to be legit and also those who wanted to be safer then play in Non KYC sites.

Rating Place

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Quote from: Eternad on May 30, 2023, 04:53:02 PM

Quote from: Rating Place on May 30, 2023, 03:37:31 PM

KYC ranking for sportsbooks https://bitcointalksearch.org/topic/1-ratings-of-bitcoin-sportsbooks-since-2014-kyc-rankings-bonuses-scam-accus-717790

Just wondering if your list includes the consideration of the KYC data storage as per the topic? Because I only see that list only ranks the casino KYC through their implementation. High ratings for those who didn't required it that much while low rating to those who strictly required it.

Quote from: famososMuertos on May 30, 2023, 01:42:39 PM

Quote from: lionheart78 on May 30, 2023, 12:43:50 PM

...//::::
I don't mind submitting KYC as long as the casino is reputable.

This is the point and we all agree on that, but look at this example that he just posted, quote, can it be reliable? Many only look at promotions.

Quote from: ?? on ??

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The casino that he use for example is not reputable and obviously a mediocre casino that offers too good to be true promotion just to attract players. @lionheart pertains to casino that already have a brand here in the forum.

You have it right. A rating of 5 means that KYC is mandatory. A rating of 1 means that the casino will leave you alone unless you use more than one account. A ranking of 3 means that there is a chance of KYC even if you haven't used more than one account. It can also be for a small amount.

https://bitcointalksearch.org/topic/1-ratings-of-bitcoin-sportsbooks-since-2014-kyc-rankings-bonuses-scam-accus-717790

ralle14

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I'm the type of gambler that would prefer to refuse KYC unless there's a lot of money involved because i've had a bad KYC experience unrelated to gambling, and I assume the experience isn't different with gambling sites. There's no way to tell if they're safe, but we can only hope they are stored somewhere safe because I remember when there was a gambling site back then that leaked the credit card information of their players. It's better to avoid KYC when possible, but I would be willing to do it once if I see a gambling site worth signing up for.

RILWAN

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I have read in one or two aces that there is the possibility that some of this platforms and sites we submit KYC to sell those datas to scammers who are using others identity to commit fraud, i don know how true that is but i dint doubt the possibility either, so as that we need to take responsibility for our safety of we must survive in this market.

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Quote from: komisariatku on May 30, 2023, 10:26:37 AM

Some people refuse to fill in their Kyc data for fear of being misused.

Which is normal. You have no damn Idea how your data is going to be stored over there

Quote

That's a natural thing, but is the worry too much?

Yes of course. Your personal data getting leaked could lead to a lot of bad outcomes
I know this is an old thread but I suggest you read through it to understand how KYC is a big threat; Why KYC is extremely dangerous – and useless

Quote

Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Some gambling sites do it illegally. If someone does not agree to carry out KYC then they should be able to give them back their money and close the account rather than force them to KYC.

Hispo

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I would not mind to summit personal information if the casino or platform in general happens to be a reliable and time tested one.
Granted, there are supposed to be options for those who do not want to make their information available for casino operators, so I am the kind of person who wants as many option as possible to meet a people's needs.

We could even argue that, when comes to gambling, if we are not trying to cheat the casino or launder money, then there should not be much problem if the casino is a big and trusted one, in the case of small and new ones it is different, though.

rozak

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Quote from: komisariatku on May 30, 2023, 10:26:37 AM

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

I don't mind KYC for the casino. although I also often try new casinos for several events. but we must try to be careful in choosing a casino. Not all casinos mean well. some are stealing money from their players. So choose a casino that has a good reputation for you to play at. it doesn't matter if KYC is requested, for withdrawals or for all members who play at the casino. as long as there is no data abuse from the casino.

danherbias07

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No KYC doesn't mean you are secured, there could be a chance they will just get out and leave you hanging especially if you are depositing or withdrawing such large amounts. I'd rather pick the KYC-mandated online gambling site over a non-KYC as long as it's a reputable gambling site. i.e. Stake.com, Sportsbet.io. These two big companies have the lowest chance to misuse your information because it will be against the law unless their website is hacked which I doubt can happen easily due to their security.
Just think about how much you will be losing if you force yourself into looking for a gambling site without any information needed to start. I'd rather take the rough path. I do respect those who are trying to be anonymous for their own security but I do find that most reasons for not filling up this information are because either they will be doing illegal things or they are not at the right age to gamble.
KYC is for the security of both parties, let's keep it clean so they can continue their business and we can continue enjoying the perks of betting in the comfort of our own home.

dothebeats

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Depends on which site you're submitting your KYC info to. Most of the time, casinos that are requesting these information are already registered and in contact with the government, so at least you know that you will have something to chase whenever something goes wrong. I wouldn't really trust these platforms 100% though, as there is always a risk of leaked information even though they themselves are not the ones leaking the information in the first place. Perhaps just pass the basic KYC and that's it.

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Quote from: Oshosondy on May 30, 2023, 10:45:48 AM

Quote from: komisariatku on May 30, 2023, 10:26:37 AM

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Some people are rich and are afraid of KYC anywhere they are online. But gambling should be done with low amount of money that should make KYC no bothering.

Rich or poor has nothing to do with it IMO. People can win big on some games no matter the stakes they are playing. For example, some slots have grand jackpots. Also, kyc is not necessarily reserved only for people who win big and are looking to wd a big amount. Sites can exercise Kyc anytime they feel they need to.

Personally, I will not submit KYC to any site. I'm not 100% for it and think most information they ask for is none of their business. If that means I cannot gamble online, then so be it.

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Quote from: Yatsan on May 30, 2023, 05:34:00 PM

But for sure we gave our informations and IDs to other online platforms or applications right? Why is that? Probablybecause we are confident that those apps are recognized by governments but I'd say risks are the same. Employees of those apps could still use your infos, which is still a risk.

Apps recognized by the government are even worst because they would be constantly be monitored by the government regularly and there is nothing anyone can do about it. The app developers can not deny the government what ever request they made so as to carry on with their likely investigations as the case maybe. There is no platform that would not be eager to release data when the government power comes to play so therefore, in other to be on the on the track one must play by the rules.

RILWAN

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The safty of your datas depends on the reputations of the site you supply them to and if you feel unconfortable with any casino, then it better to not trust them. with tour documents and best to avoid them, but in st cases those data are safe but we can't guarantee their safety beyond just promises that the casino makes to protect those data.

Yatsan

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I'm okay with KYC. It is a bit of a hassle butthinking how it protects my fund such that it won't be easily withdrawn, is totally fine for me. But I do get other's idea of this. Those people who are against Kyc in gambling sites are more likely afraid to put their identity at risk which is definitely a normal thing. I'd say only engage to gambling sites which has a good reputation in this industry than to randomly engage with platforms. Atleast, it would lessen the risk of your identity to be used with bad activities.

Quote from: DoublerHunter on May 30, 2023, 05:02:13 PM

Quote from: komisariatku on May 30, 2023, 10:26:37 AM

~snip~
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

^ KYC requirements are a common practice in the gambling industry and are typically implemented to comply with legal and regulatory obligations. These procedures aim to verify the identity and age of players, prevent fraudulent activities, and promote responsible gambling.
I know all of us have these concerns about providing personal information during the KYC process, that is why we should choose reputable gambling sites and take privacy and security seriously. Because reputable casinos are bound by laws and regulations to protect the personal data of their customers, just choose licensed and regulated platforms to ensure a higher level of security for your personal information.
In the first place, we should also review the privacy policy and security measures implemented by the gambling site before providing any sensitive data.

But for sure we gave our informations and IDs to other online platforms or applications right? Why is that? Probablybecause we are confident that those apps are recognized by governments but I'd say risks are the same. Employees of those apps could still use your infos, which is still a risk.

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There's is no safe in the internet even you keep a safe security feature once there's an human error still could be prone to attacks. People don't want to have KYC because they want to keep their self as still an anonymous the essence of the bitcoin will be gone because of this KYC by the centralized platform. On the other hand in my opinion KYC is not mandatory but the player require to fulfil a requirements like email as one of the form for security for account recovery verification too the platform can't recover your account if you cant show any proof that particular account is yours.

Agbe

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The casino company should have asked the customer the KYC at the point of registrating into the site and not when the customer has won and trying to withdraw the funds. That act from the casino also looks suspicious. Why at the end and not in the beginning? KYC is good but because of the way the casino company are using it to suffer the gamblers, people has come to see the thing as a bad thing. If really casinos are doing the right thing let them ask the client the KYC at the process of the registration so that if anyone likes to continue then let him do it and if anyone likes to discontinue let him stop simple. You don't force someone to do something.

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Quote from: komisariatku on May 30, 2023, 10:26:37 AM

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.

Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

There's no such thing about being safe once you do sent out your documents or whatever things that would really be pertaining about your personal informations on which you cant really be that so sure that

their database is something that couldnt really be hacked or they would be secretly be making use of those informations without our consent. This is why KYC is really that highly frowned upon on this market because this isnt something that will really give out that kind of confidence that our information would be keep at safe. This is why as much as possible on which people would really be preferring on any platforms
or service which doesnt really ask out some KYC. For most of the time where platforms are regulated then they do always have that kind of rule or terms that they do have the rights on asking
if its really that needed.

DoublerHunter

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Quote from: komisariatku on May 30, 2023, 10:26:37 AM

~snip~
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

^ KYC requirements are a common practice in the gambling industry and are typically implemented to comply with legal and regulatory obligations. These procedures aim to verify the identity and age of players, prevent fraudulent activities, and promote responsible gambling.
I know all of us have these concerns about providing personal information during the KYC process, that is why we should choose reputable gambling sites and take privacy and security seriously. Because reputable casinos are bound by laws and regulations to protect the personal data of their customers, just choose licensed and regulated platforms to ensure a higher level of security for your personal information.
In the first place, we should also review the privacy policy and security measures implemented by the gambling site before providing any sensitive data.

Eternad

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Quote from: Rating Place on May 30, 2023, 03:37:31 PM

KYC ranking for sportsbooks https://bitcointalksearch.org/topic/1-ratings-of-bitcoin-sportsbooks-since-2014-kyc-rankings-bonuses-scam-accus-717790

Just wondering if your list includes the consideration of the KYC data storage as per the topic? Because I only see that list only ranks the casino KYC through their implementation. High ratings for those who didn't required it that much while low rating to those who strictly required it.

Quote from: famososMuertos on May 30, 2023, 01:42:39 PM

Quote from: lionheart78 on May 30, 2023, 12:43:50 PM

...//::::
I don't mind submitting KYC as long as the casino is reputable.

This is the point and we all agree on that, but look at this example that he just posted, quote, can it be reliable? Many only look at promotions.

Quote from: ?? on ??

-

The casino that he use for example is not reputable and obviously a mediocre casino that offers too good to be true promotion just to attract players. @lionheart pertains to casino that already have a brand here in the forum.

goaldigger

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Quote from: komisariatku on May 30, 2023, 10:26:37 AM

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

Level 1 KYC yes and so far I have not experience any problem at all.
It also helps to use every security available in the site to prevent being compromised. I’m not sure if my data is safe with them though I think I’m already exposed to many ads because of this. Let’s just hope that these sites protect our data at all cost, choose the best site as well and have your peace of mind.

Fortify

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Quote from: komisariatku on May 30, 2023, 10:26:37 AM

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.

Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

There is no definitive answer to this question unfortunately, you have to gauge each particular site on it's merits and essentially take a gamble on whether they are well setup to protect your data. There are many cowboys out there, but at least in the casino / sportbook sector they come under pressure from outsiders relatively early so need to be running a solid security system to stay up. You should always be considering who you hand over your highly sensitive personal documents to, as they can be used for all kinds of fraud against you. If you get the slightest idea that they might be amateurish in the way they defend your documents, then you should avoid them like the plague. It basically comes down to all the little hints that you'll only pick up through time and experience.

Topic: is KYC data on Gambling sites safe? - page 24. (Read 2910 times)