Topic: is KYC data on Gambling sites safe? - page 25. (Read 2897 times)

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

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.

The issue of kyc safety is what bothers alot. Many third parties do not really regard their clients they joke virtually with everything jeopardizing the identities of their clients. Some go as far as leaking details and when it comes to business they may likely not say no to protect their members but come up with plans to selling people's identities to third parties which is not welcoming.

I have no doubt many data and information of customers have been misused by their service providers without their consent and this has made me start believing that truly they do such as I have a particular email I registered with an exchange with. I have not used that email for anything before be it social media or whatsoever but I keep receiving unsolicited mails I never registered for so I asked myself how did all these come about?
These are the issues with third parties and kyc safety. One does not have any safety once you have undergone kyc process or procedures.

I've filled kyc and passed kyc verification only on one gambling casino, and that is no other than Stake.com, this is probably because I am not a user of too many casinos at the time, I sure do have account on several other casinos where I sometimes play, but it's always with a very minimal amount of money.

I've never had any cause to raise any form of alarm based on my Kyc verification with stake , and several other crypto trading exchanges as well where I've passed kyc verification..

So yeah, kyc documents is probably safe, but only if you don't hand it to scammers who pretend to run a business and ask their users to submit their kyc document, pretty much the reason why I avoid depositing or playing too much on new casino, so they don't ask me to verify my account before I could withdraw my money.

Gambling platforms are centralized so nothing in there is safe, when we want to make withdrawal we just have to fulfill all the rules since without competing it we can't withdraw our money but that doesn't mean we can  trust the platforms not to misused our information submitted.

The gambling platforms can't hurt you physical since they don't seel the KYC to criminals but they sell it the marketing agency and they use it for advertising business to us. They also make your identity not to be anonymous since the government can request for it.

Gambling platforms servers can be hacked and the KYC stolen and that might put your life at risk. The platforms mightn't be involved in the hacking of the KYC data but because they're using a centralized server that's why there shoudn't be trusted.

First of all, KYC is not safe both on trusted and non trusted gambling sites. Yes, we know that our data is more vulnerable on non -trusted new gambling sites but what is the grantee that the old trusted gambling site will secure our KYC data. Apart from the leakage of data, there can be situation where the casino or the employee of casino may misuse the data and we would never know about it.

Secondly with the help of AI, you may develop original faces but it will be hard to produce all the fake documents with AI. Secondly the casino needs to become smart these days. Instead of making gamblers to upload their pictures why not force them to take their online picture by taking real time picture from camera. This way, the use of AI will be almost impossible to produce a live fake picture or video.



Hacking is another thing and if the database of KYC is hacked, there is nothing we may do but at least the gambling site will publish the news of this hack and we will be mentally aware that our data is hacked, and we should be cautions. However, in case casino keep selling our data to the third party without our knowledge there is nothing we can do about this.

Usually, they will ask people for KYC if the withdrawals are quite high and that's not something new for most casinos. If you happen to disagree with such actions, you have to take a look at their TOS before doing any transaction or before playing.

If it's a small amount, it's understandable that there's no need for such. And do gamble only on reputable casinos so if ever you comply to their KYC, you know where you've sent your ID for kyc.

I think the KYC data is safe on trusted gambling sites because they will use that data for knowing the customer rather than sharing it with other groups or other sites. The KYC is mostly needed for the safety purposes because the sites don't want to be flooded by the army of bots, and that's why they verify the customer originality. Unfortunately, these days people have been generating very original faces with the help of AI.

With the help of AI and some editing on photoshop people are creating fake documents to pass KYC tests and that's a really bad action by scammers because they are doing such acts to create multiple fake accounts. And, even the fake KYC data isn't shared by the trusted platforms because they don't want to misuse the data of their customers, and if they somehow find that someone is using fake KYC data they simply ban such users, and trusted sites remove the fake KYC from their data.

Some of the gambling sites require very simple KYC details like your name, email address, your home address, and your phone number, and of course your country. They need such data because of the security purpose only and they will never share with any third parties because they don't want to ruin their reputation.

The only time  KYC data can be compromised when the hackers get access to the database of the website, and they successfully dump that database into their own hard drive. That way the KYC details will be known by third parties because those hackers might sell the database for money. But, that doesn't mean that all sites can be compromised because most of the trusted sites have good security to stop such hackers from hacking their databases.

This is one reason why people who care about the safety of their data often play on a reputable site.  With reputable casinos, they won't overlook the security of the data submitted to them.  Others even hire third party company that specializes in KYC to process their customers' verification.  There is always risk on submitting our information online.  So if a player is hesitant, he can always skip casinos that needed KYC.


Aside from money laundering KYC also prevents multi-account abuse but also fraud.
 

There are some casinos that limit their player to withdraw without KYC but when the  withdraw limit threshold is consumed, the casino might require the player to perform KYC in order to have  a larger amount to withdraw


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

First of all, it's a recurring theme on this board, quite a bit.  So we are at a point of no more assuming, did it happen to you?  Ok, you tell your experience, you don't ask for that of others and specifically which casinos have a gray policy, they are strict... since it means putting us all back to repeating experiences and consequently light spam.

 Now, the first incredible thing in some casinos is that the person who reviews that information is sometimes a "temporary" person and although it is possible that he is not the one who processes it, someone processes it and many casinos do not comply with security
anda/or standards to process data of personal relevance.

 A casino is a web address and a guy sitting at his desk (if he has one) typing "our security department... Blah blah,"

 But safe and reliable casinos exist, but no one wants to have a copy of their ID anywhere, no matter how reputable it is.

Everything depends on our trust and whether the casino we use has a good reputation and can also guarantee the security of the data provided by each customer.
If we use a large, trusted casino with a good reputation, then there really is no need to be overly afraid of leaking KYC data to other parties.
But it all depends on the gambler himself whether he can trust the casino to provide KYC, considering that most gamblers still prioritize anonymity in gambling.

Previously, you should know first that if you upload your data to the internet, it will be vulnerable to being hacked by hackers. So nothing can be 100% secure when we talk about the internet. But if you send documents to a trusted casino with a good reputation, you shouldn't need to worry because the casino will try to protect its customers' data properly. And of course, the casino will increase the security on its site so that hackers cannot break into the site. I have no problem with KYC if it's in the right hands and not using it for illegal things.

KYC data are not usually save on the actual Gambling site. Today most casino use KYC service provider or AML software services, a third party where a casino partnered with. Even a casino is hacked, those data is not included, unless the provider was also hacked. But this does not applied to all existing casino.

About your question, well, most casino now asked KYC, so once you created an account and have a regular use of it with small or large amount, probably you will be asked kyc maybe not now but later for sure. Most active users in this board probably provide KYC information already to their trusted casino same as mine. But i always make sure to provide and use only a trusted and reputed casino sitesfor less overthinking about my privacy. If you don't want to provide your personal info, don't use a KYC-required casino or don't gamble because those non-kyc required casino will probably asked kyc later.

Many casino sites require KYC as they try to keep users away from various types of illegal activities. However, some sites sometimes cannot provide security to users' documents, rather they themselves sell them on the black market.  And various illegal activities are done using someone's personal documents. and this is why everyone has so many questions in doing kyc

Doing KYC is good in many cases and risky in many cases so always to be safe. kyc should not be done anywhere other than submitting kyc documents at a trusted place.

Not asking for kyc is not good news.  Because without kyc your fund will be at risk.  So better to do kyc without avoiding it.

I am always willing to do kyc but definitely on trusted sites.  Because the documents will be safe there. And never use fake document for kyc cheating.  It can put you in danger at some time suddenly. so be careful about it.

I think those who are worried are those who value their privacy yet they need to gamble, that would really worry for those gamblers. I'm more passive in these KYCs but so far I haven't been asked asking for some ID on casinos that I've interacted with might be the reason is not I'm not some kind to withdraw that much.

We don't know at all if it's safe, all we know is that they don't misuse those but deep down we don't really know how they kept it for us. I don't know what you've mean with being cheated unless you experience that you submit it then they just disregard it.

As much as possible most of us want to stay private and stay out of KYC for privacy purposes and since there are a lot of these sites that are selling or sharing information. I understand that we should have a separate email when we register to a gambling site but what about our mobile phone numbers? It happened to me that I am starting to receive emails and text messages from other sites and these are the consequences when we share part of our information.

But generally, I do not mind doing KYCs. I understand very well the importance of it. But they should keep our information private because it is also very important to us.

In general, those of us who often gamble with bitcoin do not want KYC to be done because anonymity is the main thing for them but casinos always have regulations registered with the government so they will have rules if at any time KYC is required and this is not it's strange now that many casinos started by asking users to do KYC when making large withdrawals.

I still reject KYC on other gambling sites because we are of course worried that our identity will be misused if they don't store it properly so there will still be many who oppose KYC here.
But I'm sure none of them can go against casino regulations. If you want money out, then the only way is KYC.

Submitting your personal information on the internet is never a safe thing to do. It depends on needs. It depends on how much you care about being anonymous, or maybe you don't care about it too much. You don't know if some hackers stole the database or if casino staff was selling the data on the darknet. You are browsing the clear net, so you might not know what's happening on the dark net.

You can buy people's ID cards, Passports, utility bill documents, etc. Now the question is, do you believe anyone will sell their personal information online? Nope, Those are stolen data from KYC platforms. You never know if your data was stolen by someone and maybe your data was used by someone else.

As long as you play at a big and reputable casino there seems to be no problem, I also don't mind about KYC at the casino when I play gambling, I just want to play safely and comfortably so I can make withdrawals without waiting anymore, everything is processed instantly and that's what I want, even though I'm not a big gambler like you play with small bets because I'm a small gambler.

I've heard of someone playing at Stake.com, he's an old player there and often withdraws big money but isn't asked for KYC, sometimes every rule is different for users and as long as you don't cheat then you'll be safe playing casino, if you feel uncomfortable with actual KYC it's easy to just play on a centralized casino site or web3 casino usually without KYC but for convenience and security it's not like playing in a centralized casino, I always feel KYC on big gambling sites is very safe

Do we have a choice to refuse once we are already deposited in the casino wallet? Most of us here doesn't like KYC but we need to agree on it if we want to play in the casino. It's their policy but if we have a choice then I believe no one here will fill up the KYC form.


We don't have any idea on where did casino stored their KYC data. So there's no exact answer to this question. We are handling over our data online to the company that we don’t know the physical location or who’s the owner. I think there's a danger on it but again as if we havea choice on this matter.