Reasons why people avoid KYC in gambling casino ? - page 6.

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Quote from: Slow death on July 04, 2022, 06:36:22 PM

they only ask when the person withdraws a lot of money, but it is strange because there are casinos that in their TOS they require that when the person makes a deposit of X value, that person makes bets that reach the volume that corresponds to the deposit so that he is able to withdraw, in this case it makes no sense that the casino still asks for KYC at the time of withdrawal, but they still ask for KYC

But to trigger the KYC on casino withdrawals, it should be that large amount of money involved.

It won't be triggered if the amount involved is just $1,000, $2,000, or maybe even up to $10,000 withdrawals.

Just play on our usual and everything will be smooth not unless the KYC is really mandatory at the start. For that, check the site's Terms and Conditions.

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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?

Yep, these can be some solid reasons to avoid KYC. Especially about the possibility that the casino site misuses our private data. As gamblers, we should prefer to choose a casino site that can make us feel safe. If we can gamble without the need for KYC, we don't need to worry about our privacy. There are many cases of the misuse of KYC documents, casino sites must realize this. By the way, regarding a gambler doesn't want anyone to know about his gambling activity on that site, it should be guaranteed by the casino. They won't publish their clients' data. What we are afraid that the casino may sell our private data on the black market.

IMO

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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?

Sounds like that's not making sense. Why do they play in that casino if they don't trust it in the first place lol?

Losing money is fine as long as no KYC? It's that what you meant here? From the very beginning, they shouldn't risk their money there since they don't trust it.

It's not that way. Gamblers don't want to provide KYC because it doesn't make sense to do it. Gambling sites don't work the same as crypto exchanges that's why even for regulation purposes, KYC shouldn't be mandated at gambling platforms.

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Quote from: blockman on July 04, 2022, 06:19:44 PM

Quote from: RILWAN on July 04, 2022, 03:29:24 PM

But there are some services you will not access without KYC, that is why most centralized platforms are using KYC to nail down they customers, take binance for example. Nobody can access the exchange without going through the KYC process.

Binance is asking KYC completely and you can only withdraw to them if you have not completed the verification. The casinos are different, they'll ask when they are not satisfied and would like to verify their user based on the volume of the transaction for withdrawal and how huge it is.
Because they don't want them to be used as gateway for mixing coins and the other casinos have been aware of that.

the weirdest part about it is that:

1 - when someone deposits a lot of money in the casino they don't ask for KYC

2 - when someone loses a lot of money at the casino they don't ask for KYC

they only ask when the person withdraws a lot of money, but it is strange because there are casinos that in their TOS they require that when the person makes a deposit of X value, that person makes bets that reach the volume that corresponds to the deposit so that he is able to withdraw, in this case it makes no sense that the casino still asks for KYC at the time of withdrawal, but they still ask for KYC

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Quote from: crzy on July 04, 2022, 05:55:32 PM

Definitely right, some users who don’t want to comply with the KYC still fall as a victim of the hackers and I’m thinking if KYC can really help users to be more secured. I’m ok with filling up personal information, but I’m hesitant to provide any documents for some security purposes, and honestly as much as possible I still prefer to gamble without filling up any KYC.

It can help when it times of withdrawals and they're verified. Withdrawals that are unauthorized being detected by the system, they're going to delay it.
Especially those that has automatic withdrawals and don't go through manual process, that will be one big part to play for the kyc when their system caught someone trying to withdraw your money unauthorized.

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Quote from: seleme on July 04, 2022, 05:59:53 PM

Quote from: crzy on July 04, 2022, 05:55:32 PM

Quote from: ?? on ??

Quote from: seleme on July 04, 2022, 05:31:23 PM

Yeah, nothing online is safe especially if it is related to crypto and finance. That is the reason why gamblers refuse to send personal documents to verify accounts, it is understandable considering how shady things may happen if the site got hacked. The purpose of KYC verification is simple: Gambling platforms wanna know who are you and whether you break T&C or not. If the user is from restricted areas and using the website illegally, this information can put the platform license under question in the long run.

And ofcourse there is no harm if you are uncomfortable sharing your private documents with other.
The online casinos have their rules and of course gamblor have their privacy concern with is absolutely OK. Although many gamblers avoid KYC still their accounts get hacked and they faces losses.

Definitely right, some users who don’t want to comply with the KYC still fall as a victim of the hackers and I’m thinking if KYC can really help users to be more secured. I’m ok with filling up personal information, but I’m hesitant to provide any documents for some security purposes, and honestly as much as possible I still prefer to gamble without filling up any KYC.

But at one point, website management will ask to confirm the details you entered during registration. This point can be the day when you win over $10k and can't withdraw due to the KYC ban by the casino. Things turn against you at this level and you can't remember the data you entered during the signup process. That is why you are under threat when a website gets hacked or someone from the team leaks info to third parties.

I wanted to verify the account is because of if not the amount of money he's been going through the casino game underworld to make is to be credited to the account you can solve the currency verification that is too long the particular account and the heat benefits of that that is why I have to run the kyc for any casino and resort

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Quote from: RILWAN on July 04, 2022, 03:29:24 PM

But there are some services you will not access without KYC, that is why most centralized platforms are using KYC to nail down they customers, take binance for example. Nobody can access the exchange without going through the KYC process.

Binance is asking KYC completely and you can only withdraw to them if you have not completed the verification. The casinos are different, they'll ask when they are not satisfied and would like to verify their user based on the volume of the transaction for withdrawal and how huge it is.
Because they don't want them to be used as gateway for mixing coins and the other casinos have been aware of that.

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Quote from: crzy on July 04, 2022, 05:55:32 PM

Quote from: ?? on ??

Quote from: seleme on July 04, 2022, 05:31:23 PM

Yeah, nothing online is safe especially if it is related to crypto and finance. That is the reason why gamblers refuse to send personal documents to verify accounts, it is understandable considering how shady things may happen if the site got hacked. The purpose of KYC verification is simple: Gambling platforms wanna know who are you and whether you break T&C or not. If the user is from restricted areas and using the website illegally, this information can put the platform license under question in the long run.

And ofcourse there is no harm if you are uncomfortable sharing your private documents with other.
The online casinos have their rules and of course gamblor have their privacy concern with is absolutely OK. Although many gamblers avoid KYC still their accounts get hacked and they faces losses.

Definitely right, some users who don’t want to comply with the KYC still fall as a victim of the hackers and I’m thinking if KYC can really help users to be more secured. I’m ok with filling up personal information, but I’m hesitant to provide any documents for some security purposes, and honestly as much as possible I still prefer to gamble without filling up any KYC.

But at one point, website management will ask to confirm the details you entered during registration. This point can be the day when you win over $10k and can't withdraw due to the KYC ban by the casino. Things turn against you at this level and you can't remember the data you entered during the signup process. That is why you are under threat when a website gets hacked or someone from the team leaks info to third parties.

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Quote from: ?? on ??

Quote from: seleme on July 04, 2022, 05:31:23 PM

Yeah, nothing online is safe especially if it is related to crypto and finance. That is the reason why gamblers refuse to send personal documents to verify accounts, it is understandable considering how shady things may happen if the site got hacked. The purpose of KYC verification is simple: Gambling platforms wanna know who are you and whether you break T&C or not. If the user is from restricted areas and using the website illegally, this information can put the platform license under question in the long run.

And ofcourse there is no harm if you are uncomfortable sharing your private documents with other.
The online casinos have their rules and of course gamblor have their privacy concern with is absolutely OK. Although many gamblers avoid KYC still their accounts get hacked and they faces losses.

Definitely right, some users who don’t want to comply with the KYC still fall as a victim of the hackers and I’m thinking if KYC can really help users to be more secured. I’m ok with filling up personal information, but I’m hesitant to provide any documents for some security purposes, and honestly as much as possible I still prefer to gamble without filling up any KYC.

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Quote from: EdenHazard on July 03, 2022, 08:01:19 PM

Quote from: seleme on July 03, 2022, 05:46:21 PM

Some users are not comfortable with sharing personal documents on illegal gambling websites without a proper license. Getting license from Curacao is easy for average businessman and gambling platforms can use this info for their own advantage. I personally don't want to see my documents on the sale lists of dark websites. Other players use the crypto gambling platforms from restricted regions thanks to VPN but whenever website aka gambling site management catches them they will not agree to send personal documents for obvious reasons.

Even if it was a very huge company with plenty of trust gained.

People still tend to refuse to do the KYC for privacy and security reasons , you wont feel secure once your documents uploaded as things around internet are never safe , sensitive data like the dox are the most wanted one for those privacy stealers, people will never want to do the kyc despite the purpose are for security reasons ... it gave us insecurity instead.

Yeah, nothing online is safe especially if it is related to crypto and finance. That is the reason why gamblers refuse to send personal documents to verify accounts, it is understandable considering how shady things may happen if the site got hacked. The purpose of KYC verification is simple: Gambling platforms wanna know who are you and whether you break T&C or not. If the user is from restricted areas and using the website illegally, this information can put the platform license under question in the long run.

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Quote from: iv4n on July 04, 2022, 04:03:51 PM

Quote from: RILWAN on July 04, 2022, 03:29:24 PM

Quote from: yourthankyou on July 03, 2022, 06:40:01 PM

In general, when AI knows too much about you is frustrating. And i wouldn't like to share my info with any site, no matter whether it is casino or an online shop.

But there are some services you will not access without KYC, that is why most centralized platforms are using KYC to nail down they customers, take binance for example. Nobody can access the exchange without going through the KYC process.

When Binance added mandatory KYC I simply moved to another exchange! It's not like they are the only crypto exchange...

I don't like KYC, and I will avoid it whenever I can. For me words like decentralization and freedom have some weight, it's what crypto should be all about! So why KYC?! All services can find another way to fight against abuse. Luckily we still have, and I believe we will always have, places that are full crypto!

On the time that Binance asked out some KYC then i did make out some transfer on Kucoin but eventually i did come back on using Binance which it did really convinced me to verify myself
because cant really just deny that Binance is having that kind of functionality and overall UI/UX which is something that you cant really see on any platform which it do really make
it great and cant be beat out easily thats why despite of such changes even though i do really give importance on anonymity but it did really convinced me and
do make out some exemptions on this situation but well its a personal preference so its up really to someone on how they would really be dealing with it not only
on exchange platforms but also in gambling casinos as well.

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Quote from: RILWAN on July 04, 2022, 03:29:24 PM

Quote from: yourthankyou on July 03, 2022, 06:40:01 PM

In general, when AI knows too much about you is frustrating. And i wouldn't like to share my info with any site, no matter whether it is casino or an online shop.

But there are some services you will not access without KYC, that is why most centralized platforms are using KYC to nail down they customers, take binance for example. Nobody can access the exchange without going through the KYC process.

When Binance added mandatory KYC I simply moved to another exchange! It's not like they are the only crypto exchange...

I don't like KYC, and I will avoid it whenever I can. For me words like decentralization and freedom have some weight, it's what crypto should be all about! So why KYC?! All services can find another way to fight against abuse. Luckily we still have, and I believe we will always have, places that are full crypto!

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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?

The two reasons in the quote above are a few things I can think of, but since gambling platforms are a lucrative business and also require a license they also have to comply with the applicable laws of the government where the platform is registered, IMO.

Privacy reasons are the most common, so it is also the reason why one does not want to spend his time on a gambling platform that requires him to complete KYC.

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Quote from: yourthankyou on July 03, 2022, 06:40:01 PM

In general, when AI knows too much about you is frustrating. And i wouldn't like to share my info with any site, no matter whether it is casino or an online shop.

But there are some services you will not access without KYC, that is why most centralized platforms are using KYC to nail down they customers, take binance for example. Nobody can access the exchange without going through the KYC process.

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I personally don't have a big problem with KYC

Quote from: Betwrong on July 04, 2022, 05:30:19 AM

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

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They don't trust the casino as the casino might misuse the kyc documents

This situation is impossible in established and trusted casinos. The KYC process is performed by a trusted third party, and the gambling site itself can't steal your personal details. But, of course, scammers are doing it all the time. Do not register on shady platforms.

the reason many people avoid KYC is because of security, I agree with that, but the KYC required by big gambling sites is just a formality

so that as long as you do KYC on a trusted platform (not shady one) then your personal data will definitely be safe (but this goes back to the views of each user)

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Quote from: Sirait on July 03, 2022, 07:39:04 PM

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?

I'm one of those who don't really like KYC, my only reason is that I don't want my identity to be exposed by the security forces in my country because gambling here (my country) is illegal and players can be sentenced to prison. so far it can be counted on the fingers on any exchange or gambling site I only do KYC and of course, the reputation of the platform must be good.

That must be tough for you to gamble your identity in exchange for that KYC needed by the casino, I surely hope that you won't be exposed because the sentence could be heavy if you will get caught. You made the right choice for taking that risk in a reputable casino so that your information is not in a risky situation where it could be leaked if that casino gets hacked.

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

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They don't trust the casino as the casino might misuse the kyc documents

This situation is impossible in established and trusted casinos. The KYC process is performed by a trusted third party, and the gambling site itself can't steal your personal details. But, of course, scammers are doing it all the time. Do not register on shady platforms.

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Quote from: len01 on July 03, 2022, 10:49:48 PM

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

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 country and my religion actually prohibits gambling but that's not the reason why i don't agree on gambling sites using kyc, because i play gambling just to fill my spare time and don't need to fill in personal data. on the other hand for me filling out kyc on gambling sites is very vulnerable to theft of personal data for misuse. just for me.
but there are also gamblers willing to do kyc just to get more bonuses from the gambling site

However, that will not stop people from gambling because they can enjoy gambling. That's what makes them return to gambling even though in your country, gambling is prohibited. People who do KYC just to gamble must have thought about the risks and could accept them so they continued verifying their accounts. But on the other hand, people who don't want to do KYC will look for casinos that don't have KYC verification so they can gamble freely.

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Well, I also agree with what some users said

I believe that without KYC you can have more security and privacy for gambling, another point that also deserves to be highlighted is that, I believe that no one would like to have some of their personal data/information leaked from a gambling platform that was invaded.

I believe that not performing KYC is a defensive way for the user to protect himself and not expose his data to a third party.

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Quote from: seoincorporation on July 02, 2022, 11:09:18 AM

Personally, I avoid KYC because I have no idea how they store that data, and if it gets compromised I will not feel comfortable knowing the hackers have all my personal data.

For me all this KYC situation looks like an excuse to avoid paying the customers. It's sad but that's how they use the KYC nowadays

I believe not entirely. They're required by the government under the rules of their gaming license, are they not? There MIGHT be some casinos who might be using KYC as an excuse to avoid paying some customers, but cheating customers is not a common mode of operation.

Wasn't Bitlucy a victim of an exploitation of their welcome bonus which took some amount of their capital? I believe KYC would have helped them there as a form of protection from multi-accounting.

Topic: Reasons why people avoid KYC in gambling casino ? - page 6. (Read 1597 times)