Topic: Reasons Crypto Players Skip Casinos with KYC - page 17. (Read 3426 times)
For me personally, I would never do just to play gambling. Because my main goal is to play gambling not to look for profit but for pleasure. Why do you have to do Kyc is just a pleasure. Different if you are looking for profit in gambling. If you want to do it, just go ahead. That is the decision of each person.
Most people avoid casino's with KYC just because they care about privacy and this is the important factor that cryptocurrency gambling to be more popular in short term.
Those Four Reasons why gamblers don't really mind KYC and would skip gambling sites that do have one, And in my opinion and In my opinion it is just a bother and hassle for some because Cryptocurrency is really anonymous certain people tend to be that way and don't want to bother giving their information to play on online casino's And even though there are online casino' that requires it for their own security, Gamblers would surely want their own security as well, And giving it to a site would make a gambler uneasy and would sure exploit their information to the public and how much gains they make or how much loss they acquired I really think this is the things they tend to take care off.
I agree, I think it’s not that they don’t want there security but giving your information most especially online will make you feel uneasy or worried, what if the site was redirected to something that isn’t legit. Also most of the people who gamble using cryptocurrency love its anonymity so I guess most of them well, including me wants to keep being anonymous while gambling.
But what is really bad about submitting KYC? Is it not just filling of personal information? This is what i do in most exchanges when i want to carry out a transaction and even ICOs
KYC ask for your information and valid ID giving this kind of information to any site is risky.
it may look like a small thing for you but it can be use in different and illegal things which might
put you in an undesirable situation.
I am not such a big fan of this KYC procedure but it is only fair that the crypto casinos must make the players do it. Because of the easy to cheat these anonymous registrations. I will try to avoid a casino that knowingly might ask for my paperwork bu since i am not hiding anything or cheating i really dont mind too much. But i can understand why some might not want to do it.
I agree with you.If you are not hiding something then why you will avoid KYC procedure.I understand it's only for the security of the client and the casino itself.But even in my own case,i still don't want to engage in casinos that require KYC because as much as possible,i prefer to remain anonymous from other crypto players.Yes, I am with you guys. I don't want to give my personal identity to someone or one website which I don't really know who they are. I am too afraid of my identity can be used for anything they want, and I don't know about that. It is better to search the other gambling website which don't use KYC, and I am sure that we can find so many gambling websites which are not using KYC.
Quote
#3 HASSLE
No matter how enticing the promos of a betting hub may be, if the process of signing up and cashing out funds is highly time-consuming, you may just decide to turn to another casino.
No matter how enticing the promos of a betting hub may be, if the process of signing up and cashing out funds is highly time-consuming, you may just decide to turn to another casino.
This is true and I even feel the same way for non-gambling sites. There are times when I check out informative sites but lose interest when a sign up is required such as with shopping or media sites. I guess I'm just impatient and as someone who gets things with a simple click, I find the effort to go through a sign up time consuming or not even worth it. But IMO when it comes to sites which needs additional security thus a KYC is needed, I'd make the effort to go through the hassle of that.
But what is really bad about submitting KYC? Is it not just filling of personal information? This is what i do in most exchanges when i want to carry out a transaction and even ICOs
KYC ask for your information and valid ID giving this kind of information to any site is risky.
it may look like a small thing for you but it can be use in different and illegal things which might
put you in an undesirable situation.
All right. A lot of crypto players really don't want KYC because of those reasons already mentioned. But what do you propose now to address the issues (minors in gambling, players doing money laundering, citizens making bets online even if their law prohibits it, etc.) for which the KYC was created?
Haven been through many online gambling platforms that offer KYC and then turned their offers down means that, my identity still be my privacy and should be honored as privacy than been sold for a penny. No matter how big the odds, and how profitable the platform look, aren't going to give my true identity.
Yes. It's the best reason why most of the gamblers do not comply KYC in casinos because they are totally afraid that their private information might be exploited. Although the owners of casinos are responsible enough to keep their players personal information private but it's still best to be safe and secured than to feel sorry in the latter part.
Haven been through many online gambling platforms that offer KYC and then turned their offers down means that, my identity still be my privacy and should be honored as privacy than been sold for a penny. No matter how big the odds, and how profitable the platform look, aren't going to give my true identity.
Yes. It's the best reason why most of the gamblers do not comply KYC in casinos because they are totally afraid that their private information might be exploited. Although the owners of casinos are responsible enough to keep their players personal information private but it's still best to be safe and secured than to feel sorry in the latter part.
Haven been through many online gambling platforms that offer KYC and then turned their offers down means that, my identity still be my privacy and should be honored as privacy than been sold for a penny. No matter how big the odds, and how profitable the platform look, aren't going to give my true identity.
Simply because they don't want to reveal their identity, they don't want to reveal that they up to gambling online. Based on my experience, I prefer to gamble online rather in a real one because I don't want to be found out besides playing online make more anonymous or to play with ease. Playing on gambling with KYC is more like you presenting yourself that you are proudly a gambler which is out of our choices. But this is just my opinion maybe others have their own resons.
I agree, because some others gamblers need a privacy. So we cannot blame others if they skip kyc when they to gamble. If you dont want kyc then just go on online because theres a freedom everytime you gamble and maybe they do not care if who is the gambler.that is the most simplest explanation regarding KYC on gambling, people dont want to forecast its loses and winnings. They are gambling in crpyto because they also want to be anonymous that whatever the outcome of their bets.
We are here in crypto because we need privacy in everything we do for our money and that’s what gamblers hated when the site asking for KYC because in this point we are losing our privacy and exposing ourselves for being exposed and be a victim of bad elements that has luring in our crypto community
Simply because they don't want to reveal their identity, they don't want to reveal that they up to gambling online. Based on my experience, I prefer to gamble online rather in a real one because I don't want to be found out besides playing online make more anonymous or to play with ease. Playing on gambling with KYC is more like you presenting yourself that you are proudly a gambler which is out of our choices. But this is just my opinion maybe others have their own resons.
I agree, because some others gamblers need a privacy. So we cannot blame others if they skip kyc when they to gamble. If you dont want kyc then just go on online because theres a freedom everytime you gamble and maybe they do not care if who is the gambler.
Its easy to see why they skip KYC on online casinos so if its really required to do it first before betting, I would rather be going to a traditional casino itself and play on the table. I wanna skip KYC even on exchanges because its about personal information and if its in hands of someone with bad motives, these personal info is going to destroy my life.
The points made are very accurate, I don't see why any casino should be asking Bitcoin users to do a kyc when they are very sure that cryptocurrency was for the purpose of anonymity, so why try to make the players reveal themselves? It doesn't make any sense. It's best that we all avoid casinos like that, if they are not ready to offer their site without kyc then they should stop calling Bitcoin users.
And selling information is no longer a new thing these days, they can collect information from people and then decide to sell it to the dark web. Just like the one I saw someone post here, they collected info from people and then sold it to propel on the dark web. People are evil these days.
And selling information is no longer a new thing these days, they can collect information from people and then decide to sell it to the dark web. Just like the one I saw someone post here, they collected info from people and then sold it to propel on the dark web. People are evil these days.
Gamblers would not submit KYC as it is our money that we are going to bet and it's really annoying for online casinos to ask for such and they are like shoving their costumers away from them. Personally, i have not encountered an online casinos where they ask for KYC. Is it only when you withdraw large amount before they ask for one?
Nowadays many of the countries have tightened the laws related to gambling, and as a result these online casinos are asking for KYC information from the customers. And it is not just when we are withdrawing the winnings. I have seen casinos asking for KYC even at the time of joining. If you still want to avoid the KYC, then there are a good number of sites that don't ask for the IDs, but the number seems to be constantly decreasing. Very difficult to escape the eyes of the regulatory authorities now...
But what is really bad about submitting KYC? Is it not just filling of personal information? This is what i do in most exchanges when i want to carry out a transaction and even ICOs
I am not such a big fan of this KYC procedure but it is only fair that the crypto casinos must make the players do it. Because of the easy to cheat these anonymous registrations. I will try to avoid a casino that knowingly might ask for my paperwork bu since i am not hiding anything or cheating i really dont mind too much. But i can understand why some might not want to do it.
I agree with you.If you are not hiding something then why you will avoid KYC procedure.I understand it's only for the security of the client and the casino itself.But even in my own case,i still don't want to engage in casinos that require KYC because as much as possible,i prefer to remain anonymous from other crypto players. 
I am not such a big fan of this KYC procedure but it is only fair that the crypto casinos must make the players do it. Because of the easy to cheat these anonymous registrations. I will try to avoid a casino that knowingly might ask for my paperwork bu since i am not hiding anything or cheating i really dont mind too much. But i can understand why some might not want to do it.
Jump to: