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Topic: Reasons Crypto Players Skip Casinos with KYC - page 22. (Read 3407 times)

legendary
Activity: 1484
Merit: 1004
Sometimes all sites do not guarantee security if it is really necessary to do KYC, it is very risky with personal data leaking there dealing with security or whatever, basically crypto is created with anonymity and they must follow such concepts and if indeed they also have the feeling afraid that the security they make must be very good, I do not like KYC because interacting like this is already comfortable and the most contrasting is the restriction of the state there are so many people who want to play with freedom.
full member
Activity: 1218
Merit: 112
Lets me quote the 4 reasons in this thread:
Quote
#1 Compromised Anonymity
#2 Fear of Info Exploitation
#3 Hassle
#4 Country Restrictions

Further details of each reasons can be read on the added link by OP.

I myself one of those who against KYC procedure for betting purpose in this bitcoin/crypto gambling industry. I have to say that 4 above reasons are enough to represent my situation but the main important reason why I choose to gamble with crypto is about its anonymity. In case all crypto gambling sites requires KYC in the future, I think I will stop gambling as there is no reason for me to continue as I gamble for fun only so I do not want to reveal my identity in online gambling.

In my opinion, these 4 reasons are enough for me not to join gambling sites that require KYC. There has been report that  in the past personal info has been exploited, so i believe it has been the main concern for many people.
full member
Activity: 1456
Merit: 148
KYC is not really good for some people, it may because they are underage or to avoid any requirements to be a gambler. It could be also because some of KYC proccess is not easy as it seems. Some of the proccess takes too long time, and people don't have enough patience to wait for approvement. In my opinion, KYC proccess is not that necessary for gambler because most of gambler must be feeling safer to be unknown.
kyc is good to me and I don't really know why we want to hide our identity.  As a gambler it is very important we reveal our identity because it is very possible to make huge amounts of money and if it an evil person that win through anonymous the fund can be channel for evils things that will be a harm to all of us.

Why would i reveal my real identity just because of gambling? Even any exchange with KYC to me is un-go area just to talk about gambling. The reasons why cryptocurrency came into existence is for the purpose of anonymity while gambling or transacting so, with KYC then we can say the purpose has been defeated. Well, am not ready to lease out my real identity to the world, until, let keep KYC as "KIV"  Cheesy
full member
Activity: 952
Merit: 104
Lets me quote the 4 reasons in this thread:
Quote
#1 Compromised Anonymity
#2 Fear of Info Exploitation
#3 Hassle
#4 Country Restrictions

Further details of each reasons can be read on the added link by OP.

I myself one of those who against KYC procedure for betting purpose in this bitcoin/crypto gambling industry. I have to say that 4 above reasons are enough to represent my situation but the main important reason why I choose to gamble with crypto is about its anonymity. In case all crypto gambling sites requires KYC in the future, I think I will stop gambling as there is no reason for me to continue as I gamble for fun only so I do not want to reveal my identity in online gambling.


Definitely if the anonymity exploit at the public of each gambler possible to stop playing gambling because the reason why is didnt like to,expose their identity in the public being gambler especially for those people want to play for just fun not totally for the money.
jr. member
Activity: 182
Merit: 2
I think crypto players skip casino with KYC because they only visited the gambling site just to play and to earn profit, some players skip KYC because it is just a waste of time for them. I am also playing in crypto casino because i love playing poker and baccarat, and honestly i also skip KYC only for untrusted gambling sites because i don't want to reveal my information in sites and some times my only intention is to play. It is really difficult to share your identity nowadays because other people could use your information to other people that will makes you a criminal, that is why it will be better if you just keep yourself invisible to untrusted sites.
sr. member
Activity: 2366
Merit: 332
Gambling in the past use to be an illicit habit. I'm also thinking that in that same past, there could have been restrictions, keeping people away from gambling. Therefore, it is understandable if gamblers try to avoid KYC enabled casino because it reveals their identity. Again to say the least is that crypto business is suppose to be KYC free and this is more, the reason for such avoidance.
sr. member
Activity: 1498
Merit: 416
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.
sr. member
Activity: 1890
Merit: 300
Buzz App - Spin wheel, farm rewards
The better answer would be there are much more better casinos if you are willing to provide your identity. Especially in the sports and event bettings.
The odds in crypto based sites are much lower than the traditional gambling site. I feel slots are visual (cards and others) games too are better on traditional casinos or the live streaming casinos.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
I miss the days when I can gamble without registration and KYC. You just need the seed and your good to gamble. Totally anonymous.
There are several crypto gambling casinos which don't require KYC and they will always exist since many owners echo similar views that KYC is basically a menace and we should freely gamble without any of that bullshit.

The problem is that many people don't care too much about their privacy which is why they go through with these KYC procedures without caring too much about future implications. Its just a matter of preference at the end of the day.
legendary
Activity: 2240
Merit: 1069
and there's the issue of trust.

I cannot trust gambling sites with my personal information which if not safely kept can be stolen and used in identity theft.

I miss the days when I can gamble without registration and KYC. You just need the seed and your good to gamble. Totally anonymous.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Lets me quote the 4 reasons in this thread:
Quote
#1 Compromised Anonymity
#2 Fear of Info Exploitation
#3 Hassle
#4 Country Restrictions

Further details of each reasons can be read on the added link by OP.

I myself one of those who against KYC procedure for betting purpose in this bitcoin/crypto gambling industry. I have to say that 4 above reasons are enough to represent my situation but the main important reason why I choose to gamble with crypto is about its anonymity. In case all crypto gambling sites requires KYC in the future, I think I will stop gambling as there is no reason for me to continue as I gamble for fun only so I do not want to reveal my identity in online gambling.
Agree dude. I will also stop gambling if all gambling sites must to use KYC, a standard reason I want to play clean without anyone knowing who I'm. Gambling is not a job that must disclose our information in detail, imagine that if anyone recognizes me as a gambler cause KYC is seen publicly by hackers so sad well in my country it is not a pride.
That's right, I think we need to go back again about our main goal of using online gambling is to get freedom and because we keep anonymous. That's the only reason for me about online gambling, if gambling involves KYC, then of course many customers will retire early from gambling and if that happens, this industry will not grow as it is now. Regarding country restrictions in point 4, I think that has happened without having to involve KYC, I personally have found crypto gambling blocking IP for my country which in the end I have to leave their site and are very regretful they are a reputable and trusted site in the crypto gambling industry.
full member
Activity: 2128
Merit: 180
I respect the sentiments of those gamblers that don’t want to deal with KYC so they are just simply avoiding to engaged in such
We are here for anonymity and we are gambling to have fun and to gain so why need to reveal yourself when you were only want to play?
Though there are some gambling sites that will let you just play without any requirement if you are playing with small amount butif you win higher than the problem will starts to occur
That’s true, gambling casinos will also depend on how much money you’ve won and how much money you’ll withdraw. KYC might be uncomfortable to some gambler but its purpose is purely for the security (hopefully), so if there’s a need to submit it better to do it or try not to win big money.
legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I am not a registered user to any of the casinos where KYC is mandatory. There are multiple issues with KYC. First of all, in my country online gambling is banned (although it is very rarely implemented). Also, Bitcoin and other crypto-currencies are banned in my country. So there is a chance that the government agencies can track me down, in case I upload my KYC documents. Another risk is that my KYC documents might be stolen from these websites or they may be sold by the promoters.
full member
Activity: 1638
Merit: 122
kyc is good to me and I don't really know why we want to hide our identity.  As a gambler it is very important we reveal our identity because it is very possible to make huge amounts of money and if it an evil person that win through anonymous the fund can be channel for evils things that will be a harm to all of us.

good for you that you love kyc but for some they hate kyc because of many reasons  but you got a point , why hide your identity if you are a clean person ?  only shady person likes to hide his identity because he is afraid to be traced . 

while some users do also have a point that crypto is anonymous and if we use kyc with it , the main feature of crypto which was being anonymous will also be trashed  . to avoid further discsusion , much better if a person will ignore kyc sites if he dont like it  . thats solves their problem  .
sr. member
Activity: 2422
Merit: 357
We all understand that KYC is needed to protect a company for future scammers and fraud doers but what pisses the players is that some casinos demand KYC nd later on become the one they are refering to on why they needed KYC. People needs protection and anonimity to thats why they choose crypto as a medium on gambling.
hero member
Activity: 1484
Merit: 516
Lets me quote the 4 reasons in this thread:
Quote
#1 Compromised Anonymity
#2 Fear of Info Exploitation
#3 Hassle
#4 Country Restrictions

Further details of each reasons can be read on the added link by OP.

I myself one of those who against KYC procedure for betting purpose in this bitcoin/crypto gambling industry. I have to say that 4 above reasons are enough to represent my situation but the main important reason why I choose to gamble with crypto is about its anonymity. In case all crypto gambling sites requires KYC in the future, I think I will stop gambling as there is no reason for me to continue as I gamble for fun only so I do not want to reveal my identity in online gambling.
Agree dude. I will also stop gambling if all gambling sites must to use KYC, a standard reason I want to play clean without anyone knowing who I'm. Gambling is not a job that must disclose our information in detail, imagine that if anyone recognizes me as a gambler cause KYC is seen publicly by hackers so sad well in my country it is not a pride.
sr. member
Activity: 924
Merit: 260
KYC is not really good for some people, it may because they are underage or to avoid any requirements to be a gambler. It could be also because some of KYC proccess is not easy as it seems. Some of the proccess takes too long time, and people don't have enough patience to wait for approvement. In my opinion, KYC proccess is not that necessary for gambler because most of gambler must be feeling safer to be unknown.
kyc is good to me and I don't really know why we want to hide our identity.  As a gambler it is very important we reveal our identity because it is very possible to make huge amounts of money and if it an evil person that win through anonymous the fund can be channel for evils things that will be a harm to all of us.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
I respect the sentiments of those gamblers that don’t want to deal with KYC so they are just simply avoiding to engaged in such
We are here for anonymity and we are gambling to have fun and to gain so why need to reveal yourself when you were only want to play?
Though there are some gambling sites that will let you just play without any requirement if you are playing with small amount butif you win higher than the problem will starts to occur
sr. member
Activity: 1274
Merit: 267
KYC is not really good for some people, it may because they are underage or to avoid any requirements to be a gambler. It could be also because some of KYC proccess is not easy as it seems. Some of the proccess takes too long time, and people don't have enough patience to wait for approvement. In my opinion, KYC proccess is not that necessary for gambler because most of gambler must be feeling safer to be unknown.
sr. member
Activity: 1596
Merit: 335
Country restriction is the number one reason why some online gamblers avoid gambling sites which require KYC. To add, not just that gambling online is not allowed to some countries, a number of people who uses crypto or who are into gambling might be minors.

I know a lot of people in our country who is still young and minor and earning cryptocurrency and some are even earning thru gambling.
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