Reasons Crypto Players Skip Casinos with KYC - page 3.

Japinat

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Quote from: witcher_sense on September 27, 2019, 12:49:10 AM

Quote from: jrrsparkles on September 26, 2019, 02:49:35 AM

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

There is an opportunity to protect yourself and also your personal information, that you send to a gambling website. I mean the case when you only send your documents to well-known a very reputable sites, which will never sell or share your data on purpose.

What can you do is just put some kind of watermark on your scans of the documents, for example "special for casino name". It makes such marked documents less attractive to be sold, especially in case of hacking, data leaks, etc.

We will only think of selling if we think the casino is shady, but once they have license, they will not gonna do that, unless their data are hack.
For me it's not really a big issue as I am not really that important as a person, lol.. I mean if they will sell then be it, but I would never submit a sensitive information that they would know about my financial status in life.

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Quote from: jrrsparkles on September 26, 2019, 02:49:35 AM

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

There is an opportunity to protect yourself and also your personal information, that you send to a gambling website. I mean the case when you only send your documents to well-known a very reputable sites, which will never sell or share your data on purpose.

What can you do is just put some kind of watermark on your scans of the documents, for example "special for casino name". It makes such marked documents less attractive to be sold, especially in case of hacking, data leaks, etc.

MI6

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Quote from: jrrsparkles on September 26, 2019, 02:49:35 AM

Quote from: Best Dreams on September 25, 2019, 02:53:30 PM

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

There are a lot of risk if we already give our data to a sites. For exchanges, usually i not pick which ask me to do KYC. Because a lot of site still can be used. And like gambling, site that actually i really want to play it anonymously. Because in my country we can't do gambling online or offline.

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Quote from: Best Dreams on September 25, 2019, 02:53:30 PM

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

panganib999

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Quote from: Bitinity on September 25, 2019, 11:47:47 PM

Quote from: Finestream on September 25, 2019, 05:59:03 PM

Quote from: Best Dreams on September 25, 2019, 02:53:30 PM

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?

Exactly
It is the reason why crypto gambling exists, to give an opportunity for gamblers to gamble anonymously. Indeed there are some people do not mind to do KYC on crypto gambling sites but I believe the number of crypto players who want to stay anonymous is still bigger than those who do not mind to do KYC.
I also wonder what security he is talking about and I also dont see any benefits for players who do KYC especially on crypto gambling sites.

Agree to this, For me, besides anonymity, the second thing that is the most important is which OP said it is less hassle if there's no KYC, because you are just there to play and have some fun. Create an account then play.
KYC is not beneficial in all terms if you have a gambling website, because the no.1 effect of having a KYC in gambling website is limiting your players to go and play to your site. Regarding security 2FA will be enough if you want to secure your account.
For me, KYC is not beneficial at all when having a gambling website.

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Quote from: Finestream on September 25, 2019, 05:59:03 PM

Quote from: Best Dreams on September 25, 2019, 02:53:30 PM

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?

Exactly
It is the reason why crypto gambling exists, to give an opportunity for gamblers to gamble anonymously. Indeed there are some people do not mind to do KYC on crypto gambling sites but I believe the number of crypto players who want to stay anonymous is still bigger than those who do not mind to do KYC.
I also wonder what security he is talking about and I also dont see any benefits for players who do KYC especially on crypto gambling sites.

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Quote from: panjul07 on September 25, 2019, 01:11:59 AM

How much was the jackpot hit by your friend? I guess it was not that big, because if it was a huge amount then I think your friend will do the KYC. If he did not send the document means that the amount is still considered as low amount for him, but if he thinks that it worth enough then I'm sure he will do it to get the money.
At the moment, most gambling sites has terms that they have the right to ask for KYC. Although it is not mandatory but it can be asked for several cases like huge win, suspected as money laundering, etc. So basically big players who usually bet big amount and have the chance to win huge should be ready for KYC.
I do not like KYC as well but if there will be a time when a gambling site ask me for KYC because I win so huge amount, I will do it to get the money but I have to make sure first that the site is reliable and trusted.

He doesn't want to tell. Yeah, perhaps, it was not too big, but he only tells that the amount is enough to cover his daily life for 2 months. He just too afraid to send the document because he knows about the leaks of the document in the online store. He says that it still not worth to send the document to them although the win money can cover his daily life.

I don't like KYC either, and I always use the gambling site which doesn't use KYC. Besides that, I only a small player who want to gamble in my busy days without thinking about winning. But if somehow, I can win a huge amount, and the gambling site is legit, I will do the same as you.

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Quote from: Best Dreams on September 25, 2019, 02:53:30 PM

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?

Best Dreams

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Quote from: boyptc on September 25, 2019, 09:22:15 AM

Quote from: Reatim on September 24, 2019, 07:20:30 PM

Quote from: boyptc on September 22, 2019, 05:34:32 PM

Quote from: Renampun on September 22, 2019, 12:42:08 PM

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

And with this issues gamblers now are more restrict when choosing sites to play and sorry for those abusers but the must pay for what they’ve done here.

I've seen those posts but I can't dig them right now. But if a known casino do this, you just have to obey because they are doing it for the benefit of both sides.

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

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Quote from: Question123 on September 25, 2019, 06:03:52 AM

Quote from: FontSeli on September 25, 2019, 05:23:13 AM

Quote from: nakamura12 on September 07, 2019, 09:11:57 PM

It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.

I am sure that is why people enjoy crypto casino because of the fact that there is no KYC. If you are not afraid to provide your details to KYC, then why not play in regular casinos.
I'm in a country where casinos are allowed, but I still don't know what the authorities will react to if they find out that I won money at a casino not resident in my country.

Player really want a gambling sitd that no need tk pass their KYC that makes them or even me safe because their Idenity will not compromise by the anyone. My country are allowed to play casino but a player need a membership to play a casino or submit their ID to play but I did not play in traditional Casino only in a online Casino because it's better to play now in online.

In conventional casinos, the ID is asked to see that you are 18 years old, not to pass information about you to anyone else. The situation with crypto casino is completely different, where your documents are needed in order to store them in the database and provide at the request of the auditing organization.

rachman mahesa

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Quote from: Ryker1 on September 25, 2019, 10:00:12 AM

Well, as far as I know, gambling sites that implement KYC are those who did not accept cryptocurrency or those only accept fiat to gamble and using credit ATM cards in order to deposit. But in crypto gambling sites which are very popular now in crypto space will good if it remains anonymously. Indeed, not all gambling platforms restricted by KYC verifications. KYC is not given an attractive way to lure gamblers.

But now there are a lot of cryptocurrency gambling sites and there are those that require kyc and there are not for every user. If you or others object to the KYC procedure, then it is better to pass the site. Indeed there are still many gambling sites that do not need to do KYC and can play anonymously.

imstillthebest

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Quote from: Ryker1 on September 25, 2019, 10:00:12 AM

Well, as far as I know, gambling sites that implement KYC are those who did not accept cryptocurrency or those only accept fiat to gamble and using credit ATM cards in order to deposit.

afaik kyc are not invented or not popular before and sites or gambling sites dont ask for kyc but they only requires sign up . the sign up process may require phone , email address , name but this details can be easily fake out .

that should be the reason why they level up thier sign up process and add kyc to eliminate fraudsters . now even the common gambling site that dont accept cryptos are now also implementing a kyc .

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Well, as far as I know, gambling sites that implement KYC are those who did not accept cryptocurrency or those only accept fiat to gamble and using credit ATM cards in order to deposit. But in crypto gambling sites which are very popular now in crypto space will good if it remains anonymously. Indeed, not all gambling platforms restricted by KYC verifications. KYC is not given an attractive way to lure gamblers.

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Quote from: Reatim on September 24, 2019, 07:20:30 PM

Quote from: boyptc on September 22, 2019, 05:34:32 PM

Quote from: Renampun on September 22, 2019, 12:42:08 PM

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

And with this issues gamblers now are more restrict when choosing sites to play and sorry for those abusers but the must pay for what they’ve done here.

I've seen those posts but I can't dig them right now. But if a known casino do this, you just have to obey because they are doing it for the benefit of both sides.

Question123

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Quote from: FontSeli on September 25, 2019, 05:23:13 AM

Quote from: nakamura12 on September 07, 2019, 09:11:57 PM

It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.

I am sure that is why people enjoy crypto casino because of the fact that there is no KYC. If you are not afraid to provide your details to KYC, then why not play in regular casinos.
I'm in a country where casinos are allowed, but I still don't know what the authorities will react to if they find out that I won money at a casino not resident in my country.

Player really want a gambling sitd that no need tk pass their KYC that makes them or even me safe because their Idenity will not compromise by the anyone. My country are allowed to play casino but a player need a membership to play a casino or submit their ID to play but I did not play in traditional Casino only in a online Casino because it's better to play now in online.

FontSeli

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Quote from: nakamura12 on September 07, 2019, 09:11:57 PM

It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.

I am sure that is why people enjoy crypto casino because of the fact that there is no KYC. If you are not afraid to provide your details to KYC, then why not play in regular casinos.
I'm in a country where casinos are allowed, but I still don't know what the authorities will react to if they find out that I won money at a casino not resident in my country.

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Quote from: maydna on September 24, 2019, 09:11:19 PM

Quote from: Reatim on September 24, 2019, 07:20:30 PM

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

My friend tells me his story when he can hit the jackpot. He hit the jackpot, but when he wants to withdraw the money, the site needs him to verify his account, but he doesn't want to send any document to that site. He gets upset knowing that he cannot withdraw the money, but on the other side, he can accept the rules. So now, he always searches the gambling website which doesn't need to do KYC so he can withdraw the win money without verifying himself. That is one example from my friend who doesn't want to verify the KYC because he thinks that the document is very important for him.
He doesn't want to send it into any gambling website.

How much was the jackpot hit by your friend? I guess it was not that big, because if it was a huge amount then I think your friend will do the KYC. If he did not send the document means that the amount is still considered as low amount for him, but if he thinks that it worth enough then I'm sure he will do it to get the money.
At the moment, most gambling sites has terms that they have the right to ask for KYC. Although it is not mandatory but it can be asked for several cases like huge win, suspected as money laundering, etc. So basically big players who usually bet big amount and have the chance to win huge should be ready for KYC.
I do not like KYC as well but if there will be a time when a gambling site ask me for KYC because I win so huge amount, I will do it to get the money but I have to make sure first that the site is reliable and trusted.

maydna

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Quote from: Reatim on September 24, 2019, 07:20:30 PM

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

My friend tells me his story when he can hit the jackpot. He hit the jackpot, but when he wants to withdraw the money, the site needs him to verify his account, but he doesn't want to send any document to that site. He gets upset knowing that he cannot withdraw the money, but on the other side, he can accept the rules. So now, he always searches the gambling website which doesn't need to do KYC so he can withdraw the win money without verifying himself. That is one example from my friend who doesn't want to verify the KYC because he thinks that the document is very important for him.
He doesn't want to send it into any gambling website.

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Quote from: boyptc on September 22, 2019, 05:34:32 PM

Quote from: Renampun on September 22, 2019, 12:42:08 PM

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

And with this issues gamblers now are more restrict when choosing sites to play and sorry for those abusers but the must pay for what they’ve done here.

Quote from: Renampun on September 22, 2019, 12:42:08 PM

Quote from: ruthwithers1980 on April 26, 2019, 05:20:02 AM

snip~

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

You must be concern also mate even you don’t really a gambler because jackpot is not for just for old timers but for everyone so you should be ready Incase needed

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Quote from: Naida_BR on September 23, 2019, 12:25:47 PM

Quote from: boyptc on September 22, 2019, 05:34:32 PM

Quote from: Renampun on September 22, 2019, 12:42:08 PM

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

I usually try to avoid KYC casinos, but there are sometimes require to have a process like this one.
There are a lot of people who abuse faucets and rewards which is a loss for the casino, so there should be some measurement that can eliminate those abuses.

Yes, there are times that they have to do but it's mostly to special cases and incidents for which to verify the user.

Right, those activities that would be against their terms of usage and agreement, that's the solution that they have to implement.

Topic: Reasons Crypto Players Skip Casinos with KYC - page 3. (Read 3426 times)