Reasons Crypto Players Skip Casinos with KYC - page 11.

semobo

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Quote from: noormcs5 on July 06, 2019, 01:23:12 AM

Quote from: semobo on July 05, 2019, 04:07:03 PM

Quote from: sheenshane on July 05, 2019, 01:41:58 AM

There are gamblers that skeptical on that gambling site that has the implementation of KYC/AML because, for them, gambling is not the right way to expose your real identity to the public or on the internet. There's no problem for me if I undergo in passing personal data as long as the site is trusted and reputed enough and they are operated at least 1 year old.

Different gamblers have each different perspective way on adopting KYC because they want lurking around and remain of being anonymous since cryptocurrency is also anonymous.

For now exposing your privacy is not a big deal but if you turned out to be a millionaire in the next few years and all your sensitive information available on the sites of gambling,its really danger right?

Even if you do not become millionaire, your private data can be misused. It can be used for any agreement or proof in the unlawful and illegal activities and you can be in serious trouble if this happens. It is not advisable to give your personal data to websites on the internet which have no reputation.

That's what my reply defines to the above postbut many people not aware of that their information will get misused and also they are trusting the reputation of an online website when even the biggest online company steals and sells our identity to companies.

TheUltraElite

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Quote from: onrise on July 06, 2019, 02:49:30 AM

Many are not comfortable with the team or the owner as they are not renowned or newly started and does not have any certificate which can prove their authenticity. Thus in order to avoid any leak of the personal data or misuse of it people do not want to do their KYC.

Even if the owner is known and reputed you can never to be too safe with your personal date. Considering the normal average Joe out there, they dont want their internet ventures to be found out by their family do they? Neither would they want the police knocking at their door. So they would steer clear of any casino asking for KYC.

But think of the criminals who try to launder money using the casino as a temporary storage. For such sources the KYC has to be enforced so that the casino can give a subpoena if questioned by authorities. Thus KYC has good and bad effects and though people dont think of this much and tend to focus on the first one, the second one is very common. Wink

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Many are not comfortable with the team or the owner as they are not renowned or newly started and does not have any certificate which can prove their authenticity. Thus in order to avoid any leak of the personal data or misuse of it people do not want to do their KYC.

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Quote from: semobo on July 05, 2019, 04:07:03 PM

Quote from: sheenshane on July 05, 2019, 01:41:58 AM

There are gamblers that skeptical on that gambling site that has the implementation of KYC/AML because, for them, gambling is not the right way to expose your real identity to the public or on the internet. There's no problem for me if I undergo in passing personal data as long as the site is trusted and reputed enough and they are operated at least 1 year old.

Different gamblers have each different perspective way on adopting KYC because they want lurking around and remain of being anonymous since cryptocurrency is also anonymous.

For now exposing your privacy is not a big deal but if you turned out to be a millionaire in the next few years and all your sensitive information available on the sites of gambling,its really danger right?

Even if you do not become millionaire, your private data can be misused. It can be used for any agreement or proof in the unlawful and illegal activities and you can be in serious trouble if this happens. It is not advisable to give your personal data to websites on the internet which have no reputation.

Shinpako09

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Quote from: LogitechMouse on July 05, 2019, 09:46:04 PM

Giving your personal information to a site which is not government regulated is dangerous because they can be hackers and they can do anything to your information. You can give your information if they are government regulated but since crypto isn't regulated at this moment, crypto gambling sites that requires KYC is a red flag for me.

It makes sense. Even I doesn't want a site that requires KYC and I guess most doesn't want that kind of feature. But for me, if it was the only way to withdraw my winnings especially if it was a big amount and the site is very trusted then I'll take a risk giving my personal information.

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Giving your personal information to a site which is not government regulated is dangerous because they can be hackers and they can do anything to your information. You can give your information if they are government regulated but since crypto isn't regulated at this moment, crypto gambling sites that requires KYC is a red flag for me.

Bustart

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Quote from: Oceat on July 05, 2019, 03:28:12 PM

Quote from: Question123 on July 05, 2019, 03:18:59 PM

Quote from: Spaffin on July 05, 2019, 12:54:48 AM

I think that all gamblers who use cryptocurrency want to be anonymous. And in general, what's the point of providing personal data online casinos? In addition, I want to note that if conditions have already appeared in the requirement of passport data from a gambler, then you need to declare this at the very beginning, when the player has just appeared on the resource.

Yes why we choose also cryptocurrency because we want to be secure our information so it means that we want also to as player to keep secret what ever reveal our Identity. The only advatanges if we submiting our KYC is the team gets our informartion and maybe the scam gambling site use it to scam other player like creating more gambling sites.

Since you are afraid that they might compromise your personal information. You have the rights to choose the reputable one or do your own research first if you doubt about that gambling site. You have the rights also to choose a gambling site that doesn't run for asking KYC to all the gamblers that want to play to their site. They all have their own reason that's why they have to do this and that.

The anonymous identity for every participant of the crypto players will certainly be revealed when there's KYC. For me sending your identity and full information about yourself can be a probable data privacy breach in the near future. Skipping casino KYC cannot be prevented, because that's everybody's own prerogative.

semobo

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Quote from: sheenshane on July 05, 2019, 01:41:58 AM

There are gamblers that skeptical on that gambling site that has the implementation of KYC/AML because, for them, gambling is not the right way to expose your real identity to the public or on the internet. There's no problem for me if I undergo in passing personal data as long as the site is trusted and reputed enough and they are operated at least 1 year old.

Different gamblers have each different perspective way on adopting KYC because they want lurking around and remain of being anonymous since cryptocurrency is also anonymous.

For now exposing your privacy is not a big deal but if you turned out to be a millionaire in the next few years and all your sensitive information available on the sites of gambling,its really danger right?

Oceat

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Quote from: Question123 on July 05, 2019, 03:18:59 PM

Quote from: Spaffin on July 05, 2019, 12:54:48 AM

I think that all gamblers who use cryptocurrency want to be anonymous. And in general, what's the point of providing personal data online casinos? In addition, I want to note that if conditions have already appeared in the requirement of passport data from a gambler, then you need to declare this at the very beginning, when the player has just appeared on the resource.

Yes why we choose also cryptocurrency because we want to be secure our information so it means that we want also to as player to keep secret what ever reveal our Identity. The only advatanges if we submiting our KYC is the team gets our informartion and maybe the scam gambling site use it to scam other player like creating more gambling sites.

Since you are afraid that they might compromise your personal information. You have the rights to choose the reputable one or do your own research first if you doubt about that gambling site. You have the rights also to choose a gambling site that doesn't run for asking KYC to all the gamblers that want to play to their site. They all have their own reason that's why they have to do this and that.

Question123

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Quote from: Spaffin on July 05, 2019, 12:54:48 AM

I think that all gamblers who use cryptocurrency want to be anonymous. And in general, what's the point of providing personal data online casinos? In addition, I want to note that if conditions have already appeared in the requirement of passport data from a gambler, then you need to declare this at the very beginning, when the player has just appeared on the resource.

Yes why we choose also cryptocurrency because we want to be secure our information so it means that we want also to as player to keep secret what ever reveal our Identity. The only advatanges if we submiting our KYC is the team gets our informartion and maybe the scam gambling site use it to scam other player like creating more gambling sites.

hahay

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Quote from: Vaculin on July 05, 2019, 01:50:29 AM

Quote from: sheenshane on July 05, 2019, 01:41:58 AM

There are gamblers that skeptical on that gambling site that has the implementation of KYC/AML because, for them, gambling is not the right way to expose your real identity to the public or on the internet. There's no problem for me if I undergo in passing personal data as long as the site is trusted and reputed enough and they are operated at least 1 year old.

Different gamblers have each different perspective way on adopting KYC because they want lurking around and remain of being anonymous since cryptocurrency is also anonymous.

Like me, I prefer a gambling site that does not have a KYC requirement, but like you, I could also comply if it's necessary and I don't have any choice as no way I would stop gambling just because they are already requiring KYC. I mean, as a gambler, gambling is already part of our life and it's really fun, so why hinder myself of having fun when it's possible to pass on KYC.

That's true as long as there are no other alternatives, because there are still many other gambling sites that don't require KYC. So, I think there are still many choices, but when the player feels very comfortable on the site and ultimately requires KYC, then it will not be a problem for him and KYC will not be a barrier for us to gamble as long as we can enjoy gambling and I think not always anonymous because someday there will also be times when anonymity is no longer the main one but pleasure is the most important for the player.

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Quote from: Rufsilf on July 05, 2019, 04:52:51 AM

Quote from: Janation on July 05, 2019, 01:05:01 AM

Quote from: ardentvolcanoes on July 02, 2019, 01:39:45 PM

Quote from: Irvinn on July 02, 2019, 01:30:16 PM

Perhaps today the requirement to provide passport information in some online casinos is only a struggle against gambling underage players. In all other aspects I see no reason for such demands. But if we are talking about minority, then in reality parents should control their children and restrict their access to the Internet to resources for which access to minors is prohibited. It turns out that due to minors, the rights of adults who want to remain anonymous are violated.

Been the case I guess, it's should be the parents obligation to protect the kids online, having good restrictions will not allow then to easily access the online gambling house, but most of the time it's just an excuse since site can work without this procedures same with existing site that already providing services without KYC.

Parents can't really protect their children on the internet.

It is the internet, even if a site has a KYC, there are more sites that has no KYC. They may restrict a site but there will be a lot more. That will be hard that is why parents should just raise their children well that they will not be addicted nor addicted to gambling.

Right, children right now are into gadgets, youtube and internet and a variety of gambling sites are present in the internet and most of them don’t have KYC so there is still a chance children will came across them, it is very important for parents to regulated their children and guide them with regards to the the sites in the internet, parents shouldn’t leave their child unattended while using the internet for them to be guided accordingly.

It is not duty of parents to give them regulation about gambling but it is duty of the casino to ask for KYC related to the gamblers, I have seen so many casino ask KYC but only few are free from it, so I think it is good if we provide our identification as then robbers and useless people will not be able to get in casino for gambling with real gamblers.

Rufsilf

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Quote from: Janation on July 05, 2019, 01:05:01 AM

Quote from: ardentvolcanoes on July 02, 2019, 01:39:45 PM

Quote from: Irvinn on July 02, 2019, 01:30:16 PM

Perhaps today the requirement to provide passport information in some online casinos is only a struggle against gambling underage players. In all other aspects I see no reason for such demands. But if we are talking about minority, then in reality parents should control their children and restrict their access to the Internet to resources for which access to minors is prohibited. It turns out that due to minors, the rights of adults who want to remain anonymous are violated.

Been the case I guess, it's should be the parents obligation to protect the kids online, having good restrictions will not allow then to easily access the online gambling house, but most of the time it's just an excuse since site can work without this procedures same with existing site that already providing services without KYC.

Parents can't really protect their children on the internet.

It is the internet, even if a site has a KYC, there are more sites that has no KYC. They may restrict a site but there will be a lot more. That will be hard that is why parents should just raise their children well that they will not be addicted nor addicted to gambling.

Right, children right now are into gadgets, youtube and internet and a variety of gambling sites are present in the internet and most of them don’t have KYC so there is still a chance children will came across them, it is very important for parents to regulated their children and guide them with regards to the the sites in the internet, parents shouldn’t leave their child unattended while using the internet for them to be guided accordingly.

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Quote from: sheenshane on July 05, 2019, 01:41:58 AM

There are gamblers that skeptical on that gambling site that has the implementation of KYC/AML because, for them, gambling is not the right way to expose your real identity to the public or on the internet. There's no problem for me if I undergo in passing personal data as long as the site is trusted and reputed enough and they are operated at least 1 year old.

Different gamblers have each different perspective way on adopting KYC because they want lurking around and remain of being anonymous since cryptocurrency is also anonymous.

Like me, I prefer a gambling site that does not have a KYC requirement, but like you, I could also comply if it's necessary and I don't have any choice as no way I would stop gambling just because they are already requiring KYC. I mean, as a gambler, gambling is already part of our life and it's really fun, so why hinder myself of having fun when it's possible to pass on KYC.

sheenshane

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There are gamblers that skeptical on that gambling site that has the implementation of KYC/AML because, for them, gambling is not the right way to expose your real identity to the public or on the internet. There's no problem for me if I undergo in passing personal data as long as the site is trusted and reputed enough and they are operated at least 1 year old.

Different gamblers have each different perspective way on adopting KYC because they want lurking around and remain of being anonymous since cryptocurrency is also anonymous.

imstillthebest

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Quote from: Janation on July 05, 2019, 01:05:01 AM

Quote from: ardentvolcanoes on July 02, 2019, 01:39:45 PM

Quote from: Irvinn on July 02, 2019, 01:30:16 PM

Perhaps today the requirement to provide passport information in some online casinos is only a struggle against gambling underage players. In all other aspects I see no reason for such demands. But if we are talking about minority, then in reality parents should control their children and restrict their access to the Internet to resources for which access to minors is prohibited. It turns out that due to minors, the rights of adults who want to remain anonymous are violated.

Been the case I guess, it's should be the parents obligation to protect the kids online, having good restrictions will not allow then to easily access the online gambling house, but most of the time it's just an excuse since site can work without this procedures same with existing site that already providing services without KYC.

Parents can't really protect their children on the internet.

It is the internet, even if a site has a KYC, there are more sites that has no KYC. They may restrict a site but there will be a lot more. That will be hard that is why parents should just raise their children well that they will not be addicted nor addicted to gambling.

kyc is not only required on some gambling sites but kyc can also be found on almost all of the sites online such as exchanges , wallets , social media sites , etc ...

im a crypto player ( gambler and trader ) but im no way to skip a kyc because i know that im using a safe website so i know that my personal details are safe .

Janation

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Quote from: ardentvolcanoes on July 02, 2019, 01:39:45 PM

Quote from: Irvinn on July 02, 2019, 01:30:16 PM

Perhaps today the requirement to provide passport information in some online casinos is only a struggle against gambling underage players. In all other aspects I see no reason for such demands. But if we are talking about minority, then in reality parents should control their children and restrict their access to the Internet to resources for which access to minors is prohibited. It turns out that due to minors, the rights of adults who want to remain anonymous are violated.

Been the case I guess, it's should be the parents obligation to protect the kids online, having good restrictions will not allow then to easily access the online gambling house, but most of the time it's just an excuse since site can work without this procedures same with existing site that already providing services without KYC.

Parents can't really protect their children on the internet.

It is the internet, even if a site has a KYC, there are more sites that has no KYC. They may restrict a site but there will be a lot more. That will be hard that is why parents should just raise their children well that they will not be addicted nor addicted to gambling.

Spaffin

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I think that all gamblers who use cryptocurrency want to be anonymous. And in general, what's the point of providing personal data online casinos? In addition, I want to note that if conditions have already appeared in the requirement of passport data from a gambler, then you need to declare this at the very beginning, when the player has just appeared on the resource.

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Quote from: XCANA on June 28, 2019, 02:04:32 PM

Ignorantly, in 2017 i registered myself on one of these online casino and after my winning they requested me to verified my account before withdraw which i did just to get the funds out of their platform but at the end, it became a total scam of KYC. Since that event, i check the platform before proceeding to gamble.

Have you already verify the KYC? If you didn't, you can't call that a scam site, except you have verified the KYC but the site still pending your withdrawal more than 48 hours, that's a scam site.

Quote from: nikola22 on June 29, 2019, 04:56:53 PM

if players wanted to make a KYC they would use the traditional online casino. if they choose bitcoin casino it means they don't want to make KYC and prefer to be anonymous.

The hell is traditional online casino?

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Giving your documents and details to multiple businesses that are located in different places of a world is always a concern specially when their is cryptocurrencies involved. Personal threat to bitcoin traders or holders is not a new story and those personal details might be used to identify a person who could have substantially huge crypto-holding.

Another risk could be use of those documents by staff of one business to verify themselves on another place to do some shady activities.

Quote from: Irvinn on July 02, 2019, 01:30:16 PM

Perhaps today the requirement to provide passport information in some online casinos is only a struggle against gambling underage players. In all other aspects I see no reason for such demands.

Age restriction could be one but most of the time its for AML (anti money laundering) as casinos are known as favorite place for criminals to clean their money and same goes to online gambling.

Topic: Reasons Crypto Players Skip Casinos with KYC - page 11. (Read 3407 times)