Reasons why people avoid KYC in gambling casino ? - page 3.

agustina2

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Quote from: Google+ on July 11, 2022, 06:05:10 PM

so from this situation i can't deduce how dangerous the kyc gambling platform would be if they had to do it later. maybe the gamblers will opt out of that gambling site, just guessing

I doubt gamblers that already playing for a long time will opt out of that gambling site if KYC will be implemented. The trust is already there and the reputation of that site is now on the highest level. There should be no hesitation for these players to continue playing on that site even if KYC will be enforced.

That was though far from happening for now. Instead of being worried, let's enjoy the moment to play in our preferred gambling site without a KYC. Don't consider playing in a casino that was new in service if KYC is mandatorily implemented there to minimize the risks of identity theft.

dunfida

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Quote from: Google+ on July 11, 2022, 06:05:10 PM

Quote from: dunfida on July 11, 2022, 05:46:02 PM

People should really expect such possible changes because it is really gradually becoming something like this where platforms which are regulated and licensed would really be having those changes where KYC is a must

but for now we are still thankful that we could still able to play without any verification but sooner or later then expect the unexpected about things to become rough and its up to your whether it would really be an acceptable thing or you would really just strive to find for another place for you to deal with gambling without having those verification.

People here on this crypto space isnt really that comfortable with kyc or any verification thats why whenever we do encounter kyc then its really out of our interest or doesnt really appeal at all.

Indeed kyc is a boring thing for gamblers but you know what I mean earlier is where this might happen in the years to come and not in the present. because some gambling platforms that are well known and trusted by the public do not require KYC for newcomers or old players .

so from this situation i can't deduce how dangerous the kyc gambling platform would be if they had to do it later. maybe the gamblers will opt out of that gambling site, just guessing

If we do talk solely on cryptocurrency market where casinos who are solely accepting crypto payments (not fiat ones included) then for sure their owner would really be doing their best on retaining on kyc-less kind of site as much as they could since they could able to see that there's soo much demand on casinos which doesnt ask out for some verification and this is indeed why people do prefer on dealing with casinos
that doesnt ask out any verification.

We do really give importance in our information and there's no something that we should be worried.We just make deposit and play right away without minding if those informations
you had sent out would leaked or something like that.

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Quote from: dunfida on July 11, 2022, 05:46:02 PM

People should really expect such possible changes because it is really gradually becoming something like this where platforms which are regulated and licensed would really be having those changes where KYC is a must

but for now we are still thankful that we could still able to play without any verification but sooner or later then expect the unexpected about things to become rough and its up to your whether it would really be an acceptable thing or you would really just strive to find for another place for you to deal with gambling without having those verification.

People here on this crypto space isnt really that comfortable with kyc or any verification thats why whenever we do encounter kyc then its really out of our interest or doesnt really appeal at all.

Indeed kyc is a boring thing for gamblers but you know what I mean earlier is where this might happen in the years to come and not in the present. because some gambling platforms that are well known and trusted by the public do not require KYC for newcomers or old players .

so from this situation i can't deduce how dangerous the kyc gambling platform would be if they had to do it later. maybe the gamblers will opt out of that gambling site, just guessing

dunfida

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Quote from: Google+ on July 11, 2022, 05:27:32 PM

Quote from: mirakal on July 10, 2022, 03:10:37 PM

Of course, the majority would still want to remain their identity hidden, and releasing a piece of personal information is really risky if there will be a time that the site will be hacked, we never know and it's better to be safe than sorry. But I guess we will just have to get used to it because, in no time, we won't have the same freedom we have now as sooner or later, all casinos will ask KYC upon registering at their platform.

Some people are afraid and some are not. this is the same as you trade on the exchange where in previous years there was no kyc requirement but now almost everyone has to do kyc to be able to trade on top exchanges like binance. and this may also apply in the coming years for top gambling sites to enforce kyc for gambling players and I wouldn't be surprised if all gamblers later confirmed they had done kyc.

People should really expect such possible changes because it is really gradually becoming something like this where platforms which are regulated and licensed would really be having those changes where KYC is a must

but for now we are still thankful that we could still able to play without any verification but sooner or later then expect the unexpected about things to become rough and its up to your whether it would really be an acceptable thing or you would really just strive to find for another place for you to deal with gambling without having those verification.

People here on this crypto space isnt really that comfortable with kyc or any verification thats why whenever we do encounter kyc then its really out of our interest or doesnt really appeal at all.

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Quote from: mirakal on July 10, 2022, 03:10:37 PM

Of course, the majority would still want to remain their identity hidden, and releasing a piece of personal information is really risky if there will be a time that the site will be hacked, we never know and it's better to be safe than sorry. But I guess we will just have to get used to it because, in no time, we won't have the same freedom we have now as sooner or later, all casinos will ask KYC upon registering at their platform.

Some people are afraid and some are not. this is the same as you trade on the exchange where in previous years there was no kyc requirement but now almost everyone has to do kyc to be able to trade on top exchanges like binance. and this may also apply in the coming years for top gambling sites to enforce kyc for gambling players and I wouldn't be surprised if all gamblers later confirmed they had done kyc.

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Quote from: mirakal on July 10, 2022, 03:10:37 PM

Quote from: gunhell16 on July 10, 2022, 06:09:01 AM

Sometimes they avoid kyc at the casinos due to personal privacy they don't want to reveal it. Sometimes there are times when we gamble and we win big, and we get to the point where we want to release what we have won by gambling because it is big, then the casino sometimes gives a policy to players who proud of the amount you release on their gambling platform they required their clients to submit kyc which the gambler or player has no other choice but to submit it.

Of course, the majority would still want to remain their identity hidden, and releasing a piece of personal information is really risky if there will be a time that the site will be hacked, we never know and it's better to be safe than sorry. But I guess we will just have to get used to it because, in no time, we won't have the same freedom we have now as sooner or later, all casinos will ask KYC upon registering at their platform.

Yes, we never know how secure a gambling site can be and with our permission in submitting our personal information once that happen we are also placing ourselves in danger as hackers can simply use this info to an illegal thing online, or they can sell it out. The reason why there are still gamblers who wanted to stay discreet and not willing to proceed once KYC has being ask to continue gambling.

Gamblers like this will be more willing to look for another site to play and stay hidden instead of submitting KYC.

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Quote from: mindrust on July 09, 2022, 05:30:05 AM

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

I highly agree with this one, I know that the government is putting some pressure to these casinos to have a KYC to every customer but frankly talking, these same procedure are being used by some casinos to take advantage and control our funds. At first, they just tell us that it's processing and usually that takes a lot of time, in the end, you find yourself in unwanted position where your funds are being freeze and seized.

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Quote from: gunhell16 on July 10, 2022, 06:09:01 AM

Sometimes they avoid kyc at the casinos due to personal privacy they don't want to reveal it. Sometimes there are times when we gamble and we win big, and we get to the point where we want to release what we have won by gambling because it is big, then the casino sometimes gives a policy to players who proud of the amount you release on their gambling platform they required their clients to submit kyc which the gambler or player has no other choice but to submit it.

Of course, the majority would still want to remain their identity hidden, and releasing a piece of personal information is really risky if there will be a time that the site will be hacked, we never know and it's better to be safe than sorry. But I guess we will just have to get used to it because, in no time, we won't have the same freedom we have now as sooner or later, all casinos will ask KYC upon registering at their platform.

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Quote from: Nrcewker on July 09, 2022, 09:51:02 PM

The main purpose of Cryptos was to remain anonymous.

You're wrong, actually almost of cryptos are centralized and doesn't have any purpose to remain anonymous. Bitcoin itself isn't anonymous, but pseudonymous. You can list how many privacy coins and divide with the amount of all altcoins, I believe it's either or less than 1%.

Quote

Now if the casinos will keep on asking for KYC, then on obviously the gamblers will feel offended.

Honestly you should check the TOS first before using any services including casino, if they have a mandatory KYC rule and you're not happy with it. Just don't use and find another casino that suit for you.

gunhell16

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Sometimes they avoid kyc at the casinos due to personal privacy they don't want to reveal it. Sometimes there are times when we gamble and we win big, and we get to the point where we want to release what we have won by gambling because it is big, then the casino sometimes gives a policy to players who proud of the amount you release on their gambling platform they required their clients to submit kyc which the gambler or player has no other choice but to submit it.

ethereumhunter

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Quote from: Issa56 on July 09, 2022, 05:24:52 AM

Some casino sites at the beginning they won't make kyc mandatory but after getting lots of people and they become popular then they will make kyc mandatory for their customers, which definitely not everybody will want to reveal their identity and also not everybody will be able to meet up with the requirements which they are demanding for kyc and at the end those people will endup losing their money which is very bad, the money automatically belongs to the team of the casino sites.

That's what many of us don't like because those casino sites change their policies without telling their customers. And that's also what makes us move to other casinos to find comfort in playing gambling. If casinos had implemented kyc from the start, I think they would still be able to get customers because they've been honest with their potential customers.

Quote from: makishart on July 09, 2022, 08:19:21 PM

Yeah i do agree with it. I have been trying several casinos who didn't force its users to did KYC and those casino better than the casinos that forced its users to implement KYC. Having some alternatives were good. People didn't also wanna their identity to be owned by casinos. Im always seeing the KYC as a redflag for the casinos. Some were forcing their users to verify their identity were the worst casino.

It would be better if the casino could give its customers an option i.e., if they cross the limit of the casino, they have to complete the kyc. But if they do not cross the restrictions of the casino, they are free to play gambling, deposit and withdraw their money. It will give its customers the freedom not to cross the line if they refuse kyc. Apart from that, casinos can also teach their customers lessons to learn to control themselves.

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Quote from: noormcs5 on June 30, 2022, 10:11:52 AM

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?

I think this are pretty much the reason, and you forgot to add that some other gamblers are underaged and are afraid they will be banned if they submit document for kyc verification.
Another reason I thought (based on my previous experience) is that some people also do not have the required documents or means of passing the kyc verification if its made mandatory.
And also some casinos banned some regions from gambling on their platform, some gamblers resort to using VPN to hide or change their location, if for any reason, this casino decides to force kyc upon its users, it becomes a problem for those using that casino from banned region.
Apart from this two ive mentioned, i believe every other reasons i could think of have been mentioned by you, the op

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Quote from: noormcs5 on June 30, 2022, 10:11:52 AM

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?

The main purpose of Cryptos was to remain anonymous.
Now if the casinos will keep on asking for KYC, then on obviously the gamblers will feel offended.
Yes OP is also somewhere right regarding the data collection.
Who knows if they sell our KYC details any where other place also.
There are many gambling casinos also, who don’t need any KYC to play on. So comparing the sites who asks for KYC, gamblers find the previous category casinos more fit to play on.

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Quote from: ethereumhunter on July 08, 2022, 07:21:43 AM

Quote from: makishart on July 07, 2022, 09:29:19 PM

That's why i always avoid the place that was forcing its users to verify identity. Forcing identity means that casino didn't wanna play fair. They want money to come but they didn't want money to leave from their platforms. Remember that since the owner hodl your money and you can do nothing for that. People will always prefer for their identity not to be revealed or owned by casino.

For trusted casinos, they will not force their will on their members because the casino knows if they keep doing that, maybe their members will move to another casino. We also have the option to play at the other casino we want so if the casino wants kyc, we can look for other casinos.

Yeah i do agree with it. I have been trying several casinos who didn't force its users to did KYC and those casino better than the casinos that forced its users to implement KYC. Having some alternatives were good. People didn't also wanna their identity to be owned by casinos. Im always seeing the KYC as a redflag for the casinos. Some were forcing their users to verify their identity were the worst casino.

KennyR

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Quote from: agustina2 on July 09, 2022, 07:48:37 PM

Quote from: mindrust on July 09, 2022, 05:30:05 AM

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

Yes, you have a valid point and I agree with you. That is really possible to happened or should I say, already happening now?

It's a good discussion you have started and I'm curious if there's a scenario already happened here about that.

My question is, is there a case like that before here that raised in the scam accusations section. If yes, can you give us some references to looked at?

I don't think casinos are getting into such kind of act. I've come across incidents in which the users were requested to submit KYC when they've won big and go for withdrawal of fund. Here if the person submit KYC from a restricted jurisdiction, then the same is being used as a way to stop the withdrawal.

Maybe this could've happened, but I haven't come across it. Casinos doesn't say that your money will be seized once a person have made a big win.

agustina2

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Quote from: mindrust on July 09, 2022, 05:30:05 AM

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

Yes, you have a valid point and I agree with you. That is really possible to happened or should I say, already happening now?

It's a good discussion you have started and I'm curious if there's a scenario already happened here about that.

My question is, is there a case like that before here that raised in the scam accusations section. If yes, can you give us some references to looked at?

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Quote from: DoublerHunter on July 09, 2022, 04:49:08 PM

Quote from: mindrust on July 09, 2022, 05:30:05 AM

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

^ I definitely agree with this.
It seems a loophole to them once there is a big amount, it is easy for them to find a solution just your money cannot get out to their wallet.
We have witnessed a lot of the same issues like this and that is why those people who are aware of that case will start to hate the KYC process.
But even though how we hate them, the fact that KYC is very common now, and most exchange or gambling casinos are required to have KYC because also it required as they follow governments protocol.

Now that's what many KYC haters have become, this is a casino tool to hold users' money when they win big I think it's a reasonable reason but it will be legal because the casino has implemented in their rules so inevitably we have to do it if we want to get our money then it will be normal but when you can't get past it then the casino will have to hold the funds.
The rules are regulated and some of their licenses are under government supervision so KYC of course will be very common and always said to avoid scamers.

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Quote from: Johnyz on July 09, 2022, 04:43:08 PM

Quote from: KTChampions on July 09, 2022, 02:36:04 PM

Quote from: mindrust on July 09, 2022, 05:30:05 AM

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

The funny thing is that the document verification process can take an incredible amount of time, and while this process is going on, the casino/exchange will use your money for free. Most of all, the asymmetry of the process infuriates me - everyone is ready to accept my money without any KYC, but when I want to withdraw it, various obstacles arise.

Some sire requires you first to fill up the KYC before allowing you to deposit some money so by this, you still have the time to think if you are going to push through and play on that site. If ever you see this as not possible and you don’t want to provide any personal details, then you still have the option to leave. In a case of withdrawal, I think its suspicious if they will ask for any KYC while they allow you to gamble in the first place, and most probably you don’t have any choice anymore because you can’t get your money if you didn’t comply, KYC is becoming a normal thing now.

Asking for KYC on the time you do make out withdrawal is something that a shady act by someone or site to do such thing on which they should have asked out on the time where people do make out registration.This is why
people are really very that keen when it comes to dealing with sites that do ask out KYC.We do know that majority do really loves anonymity on which they arent exposing their identity to any services or platforms out there
but since regulations becomes stricter and just as we do know that gambling site businesses specially licensed ones would definitely need to comply on whats been asked thats why they dont really be having any option but
to comply or else that would really be giving a big effect into their company or simply it would really be closed down. They do know that community doesnt really like that way but as a business then they should really be
doing adjustments too.

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Quote from: mindrust on July 09, 2022, 05:30:05 AM

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

^ I definitely agree with this.
It seems a loophole to them once there is a big amount, it is easy for them to find a solution just your money cannot get out to their wallet.
We have witnessed a lot of the same issues like this and that is why those people who are aware of that case will start to hate the KYC process.
But even though how we hate them, the fact that KYC is very common now, and most exchange or gambling casinos are required to have KYC because also it required as they follow governments protocol.

Johnyz

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Quote from: KTChampions on July 09, 2022, 02:36:04 PM

Quote from: mindrust on July 09, 2022, 05:30:05 AM

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

The funny thing is that the document verification process can take an incredible amount of time, and while this process is going on, the casino/exchange will use your money for free. Most of all, the asymmetry of the process infuriates me - everyone is ready to accept my money without any KYC, but when I want to withdraw it, various obstacles arise.

Some sire requires you first to fill up the KYC before allowing you to deposit some money so by this, you still have the time to think if you are going to push through and play on that site. If ever you see this as not possible and you don’t want to provide any personal details, then you still have the option to leave. In a case of withdrawal, I think its suspicious if they will ask for any KYC while they allow you to gamble in the first place, and most probably you don’t have any choice anymore because you can’t get your money if you didn’t comply, KYC is becoming a normal thing now.

Topic: Reasons why people avoid KYC in gambling casino ? - page 3. (Read 1597 times)