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Topic: Reasons why people avoid KYC in gambling casino ? - page 10. (Read 1602 times)

copper member
Activity: 2968
Merit: 575
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All the things you said. Not all people like sharing their data with some random people. Some probably don't have any valid ID. Others are probably gambling from a region where online gambling is prohibited. While there are people that are too lazy to verify their identification (i bet everyone would prefer playing in a casino where there is no KYC). And the rest do it to hide their identity for some shady reasons I guess.
hero member
Activity: 2814
Merit: 911
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They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?
Gambling can be a taboo in many places and there are places where online gambling rules are not clear about the legality and hence users will not be willing to associate their identity with gambling sites. Then there is the other aspect of trust issues whether they will be safe keeping the KYC documentation and whether there will be leakage of their identity especially if they are gambling huge amounts.
legendary
Activity: 2436
Merit: 1008
It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

It's not about these people don't trust casinos but KYC in crypto gambling is not really necessary. I don't see the importance of doing it. Gambling sites are working differently from crypto exchanges and they are not the same in all aspects. Why KYC should matter here?

It's also not about hiding the identity but it's not comfortable gambling when our identity is exposed.

That's why we gamble in crypto in the first place, right? Because of privacy matters that are not present in fiat gambling.
hero member
Activity: 2730
Merit: 632
Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.
The common things on why people doesnt really like KYc is that they are afraid for those informations to leaked out or be misused on other means which is something true because  even myself wont really be that comfrotable when i do know that my information is really out there been stored and you dont know the risk whether its been safe or not but just like whats been said bby other people that as long you do know that you arent doing something stupid then i dont really see for someone who would really be that too paranoid when it comes to their information that had been given on any platform thats been asking for it but actually this is just a personal kind of choice because there are some who could really able to bare such risk and there are some people who cant just able to accept it.

This is why as much as possible limit the exposure of your vital information.
Just submit your KYC docs if it is necessary and you feel that you have the advantage of doing so.
Because we really have no idea where will this will end up with, we are just hoping that it won't be on the hands of fraudsters.
Also, the reason I don't want to submit KYC is as much as possible I want to keep my privacy in this business.
I havent submitted any documents or information about myself in gambling related businesses or platforms or even giving the simplest information that do connects about my identity but for exchangers
or any services that do requires it then i dont really have any choice but to comply before you could fully make use of its functionality yet it do really sucks when you are limited but only into some
other aspects but for gambling then i do avoid as much as i could on sending out any verifications or kyc just for me to be able to play.We do have lots of casinos in the market which
its impossible  that you wont able to find out which doesnt really require for some verification before you do play.
legendary
Activity: 3276
Merit: 3537
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there are many reasons Wink
First of all, it's really hard trust a third part with your personal information + personal document + habits + information about your earnings.
Secondly in some country they can request a tax to your win or just persecute the gambler, because it's an illegal activity or they are not using authorized platforms.
There are some gamblers that are aware about the risk of a ban because "they win too much". There are few cases of people that stop to gamble for that reason.
Last but not least, there is a kind of stigma around gamblers. Not every one want to share this passion.
hero member
Activity: 2884
Merit: 579
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It's about handing over your important documents that contains your identity to the casino. And we don't like that because it could be passed on without knowing that they have handed over it to another entity or company.

That's why sometimes, we get unusual emails even if we don't sign up for another service or website. We can have that conclusion and thought that the companies we signed up for did passed our emails and if they can do that to our emails, they can also do it to our documents that has our important information.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
I myself am worried that my identity will be misused by certain platforms. Don't we know if there is a risk of this? But sometimes we have no choice when we have to do KYC. I have unfortunately also done KYC on several platforms. Luckily it's been safe so far (to my knowledge). but I don't really understand if it turns out that behind this there is a hidden secret or even an abuse of identity.

And once more, playing gambling is also illegal in my country which is why KYC on gambling platforms may be risky.
legendary
Activity: 3122
Merit: 1398
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Can we really avoid KYC in a casino?  For example, if you won a jackpot of $1M  and the Casino required you to undergo KYC for whatever reason, would you succumb to their request? 

Almost at most sites, big winnings might be subject to KYC. If I won a $1M jackpot, why should I hesitate to undergo KYC? I don't really care for any risks as long as the site is somehow reputable in the crypto-gambling world. If they won't approve my KYC, then that's another story of "what if".

Before, crypto exchanges can be freely used without undergoing KYC but to make their business legit, they have to comply with the government's policy regarding KYC and AML-related laws. That's the start of centralization. We should also expect that someday, gambling sites will ask for this KYC stuff but as long as we are not winning big, and we are not talking about a $100 win here, that should be not a problem.

About the topic, KYC is a really big no as gamblers are supposed to just gamble at crypto-gambling sites without a hassle. Fortunately, it's not being demanded and we can still freely play without KYC. Enjoy it while it last lol.
hero member
Activity: 2590
Merit: 644
It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?
^ Everything is they care about their identity, even do banks will not support if your credit card is linked to a gambling casino.
Privacy is the most important and there are gamblers who care about it, but on my own, I don't see any problem with having KYC online because I know they are following legalities which is every country has its own jurisdiction to follow. But only in reputable gambling casinos where I will entrust my documents because I know they are capable to keep your documents. I think it could be other solid reasons and each of us has a preferred option in choosing a casino.
hero member
Activity: 2548
Merit: 572
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I do not see anything wrong with gambling sites requesting KYC from their customers, since the points at which the KYC is demanded are clear and are based on some number of factors. KYC will reduce the rate of child gambling since the age of the player will be known through the documents submitted. And KYC also limits money laundering activities through gambling if KYC demands are within this range then I will say it is a win-win situation since it is aimed at making it impossible for a criminal to access the gambling under a fake identity
when a gambling place asks to do KYC I think it will let you know your privacy, at least verification with a cellphone number or email is sufficient, but when using a face as a valid ID then it can make their privacy known by many people and of course only the developer of the gambling place can make the account always lose and never win because the developer knows that that person has a lot of money. so in my opinion there is no need to KYC using face.
hero member
Activity: 1022
Merit: 667
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I do not see anything wrong with gambling sites requesting KYC from their customers, since the points at which the KYC is demanded are clear and are based on some number of factors. KYC will reduce the rate of child gambling since the age of the player will be known through the documents submitted. And KYC also limits money laundering activities through gambling if KYC demands are within this range then I will say it is a win-win situation since it is aimed at making it impossible for a criminal to access the gambling under a fake identity
staff
Activity: 3304
Merit: 4115
1. It is not really necessary until you hit a jackpot.
2. Lots of instances wherein services and platforms sell personal information on black markets.
3. Doesn't really affect your profile on platforms you submit KYC to.
Right, so firstly I'd somewhat agree with your first point. I guess KYC is used to determine if the user is legitimate, and in a fiat gambling website it almost makes sense, since you can somewhat do a background check if you suspect they're laundering money on your platform. I do somewhat get that, but ultimately there's better ways than a gambling site, so I never really got that argument when it's presented.

Secondly, honestly the only counter argument I have to this is if you don't trust the company to hold your personal information, you probably shouldn't be using their platform at all. Since, they might screw you in other ways, but also could be collecting information without you knowing, and cross checking it with information they've got from elsewhere.

I'm not too sure what you mean with your last point?
hero member
Activity: 2170
Merit: 530
It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

In my own opinion, I don't like anything that requires KYC, it only makes me suspicious and always doubt that they might use my credentials or my info somewhere else, though I only give my KYC to the website that has a good reputation, but in gambling casino I had never try to do that since casinos doesn't require that so much.
hero member
Activity: 2744
Merit: 588
Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.
The common things on why people doesnt really like KYc is that they are afraid for those informations to leaked out or be misused on other means which is something true because  even myself wont really be that comfrotable when i do know that my information is really out there been stored and you dont know the risk whether its been safe or not but just like whats been said bby other people that as long you do know that you arent doing something stupid then i dont really see for someone who would really be that too paranoid when it comes to their information that had been given on any platform thats been asking for it but actually this is just a personal kind of choice because there are some who could really able to bare such risk and there are some people who cant just able to accept it.

This is why as much as possible limit the exposure of your vital information.
Just submit your KYC docs if it is necessary and you feel that you have the advantage of doing so.
Because we really have no idea where will this will end up with, we are just hoping that it won't be on the hands of fraudsters.
Also, the reason I don't want to submit KYC is as much as possible I want to keep my privacy in this business.
legendary
Activity: 3416
Merit: 1225
It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

For something that will harm your reputation because the society where you are in does not accept people who are into gambling even if you're doing it for fun, you'll want your information kept secret, and our sensitive information is not something to be given away on a project be it casino or investment project without a guaranty that it will not be exploited used and abuse, this is the internet, casinos come and go and you are left hanging with the question how about my information if the casino is not accessible anymore.
Will you spend money just to go after the casino and make them delete your information?
Keeping your information on the internet is always safe that is why Crypto casinos are now more popular than fiat-based casinos.
hero member
Activity: 2730
Merit: 632
Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.
The common things on why people doesnt really like KYc is that they are afraid for those informations to leaked out or be misused on other means which is something true because  even myself wont really be that comfrotable when i do know that my information is really out there been stored and you dont know the risk whether its been safe or not but just like whats been said bby other people that as long you do know that you arent doing something stupid then i dont really see for someone who would really be that too paranoid when it comes to their information that had been given on any platform thats been asking for it but actually this is just a personal kind of choice because there are some who could really able to bare such risk and there are some people who cant just able to accept it.
hero member
Activity: 2156
Merit: 531
Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?
Crypto has taken people's attention so quickly because it is decentralized. Crypto casino is the same no exception. Gambling is not allowed in many countries. There is also to be socially degraded. Moreover, the big thing is that there is a risk of security about their information, although good casinos do not usually do this. However, people's lack of faith is still on it. I think those are the key facts due to avoiding kyc in the casino site.

A gambler always try to keep themselves safe.
legendary
Activity: 3094
Merit: 1127
Like or not.

KYC will be needed, however don't mind to share my "ID" as long the reason is valid. But, most the time because we're winning to much they're using this scheme for holding our money. KYC is also to identified you're 18+ enough for playing in casino.

So yeah, you like it or not still need to do "KYC" as long the reason is valid.
We dont really have actually the choice if ever they would really be tending to ask for that whether its needed initially or on the time you do win big.Its not really that a big problem if you are dealing with
a legit or known platforms but we know that everything cant really be trusted even if it seems that they are.So expect that you would be potentially asked out and just like others said that i dont really mind
much but there are people who do really mind about their identity so its up to your whether you do proceed or do look for another place but expect that it is subjected to change
so you cant really avoid on that if ever they would tend to do so.
legendary
Activity: 3010
Merit: 1280
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Can we really avoid KYC in a casino?  For example, if you won a jackpot of $1M  and the Casino required you to undergo KYC for whatever reason, would you succumb to their request? 

Anyway, I think trust is one of the top issues why many of us avoid KYC on a gambling platform.   Most of us can't hand over our identity documents because we think that the casino security isn't tight enough to safeguard our data.  If we happen to build our trust with that casino's security, I bet no one of us will have a second thought about proceeding with KYC.  Since many of us never hesitate to submit our data to banks, why we can't do that to a Casino?
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