In my opinion kyc is not a problem if you are warned about the website kyc policy when you are creating your account.
The worst thing is to have a kyc surprise when trying to withdrawal your funds.
Topic: What importance is kyc In gambling section - page 6. (Read 2082 times)
I don't think it's necessary unless they just implemented it for overcoming the problem of the fake account. if they know that you are a real user and are active on the casino playing regularly or maybe after some days then also they can focus on you. that will help them improve their site even more like they can make their site according to your needs without even asking you about it.
That assurance is not enough for a gambling site that your a real player. KYC can be asked if your money is beyond the limit and I think being a gambler who always play are not exempted from this. Its important for a gambling site to collect the data of every gambler if they are withdrawing huge money because it can help them to check if you are the real owner or not. I think the only times there are exemptions are for sites that do not ask for KYC on their daily basis, only when a player has a huge win and they probably do this for both the security of the play and the website, and it’s always understandable in such cases.
~snip~
It is a choice for a gambler to do KYC or not, it is our call also to keep our identity still anonymous to everybody or not. But I've never thought that gambling site will highly required players to do so cause they'll know what possibly will result giving the doubts that they'll be using it into other activities. That's is commonly a question for everyone submitting KYC and it for sure, not a guarantee that it will keep safeguard to their funds.
You're probably be right, it is our personal discretion if we give it or not, nothing forcing us to give though.
I personally feel that the time I spend in filling the KYC is a waste, could be used on better things and in some site with poor service provider, there is tendency for delay in verifying the identification.
People had conflicting views about KYC on gambling sites, but for me, it's better they asked KYC if the winning is above the threshold to withdraw justliek they do in exchange, if the winning is only $100 to $500 then it is ok not to ask for KYC, bit if it is above $3000 then they can ask players to do KYC.
I know that it is important to know our customers, even in casinos, it is better if you are the owner and you know your customers, that will get you more since you are nice to them. But in online gambling, I don't think we should be needing one. I mean one of the reasons why people are using these crypto currencies are to keep their identities from being known, they want to be anonymous. I know that there are reasons for these but I will go with a gambling site without KYC since I want to gamble anonymously, it is the reason I want to use crypto currency.
All gambling sites are compliant to the country where they are operating, this is why they asked for KYC this applies when there is a big winning involved I prefer doing KYC to stable gambling sites, then an ICO project, it's safer and you know the life span of gambling sites last for many years.
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I don't want to visit a gambling site that required KYC verification, it really depends on us if we are going to pursue our selves to pass the KYC verification in gambling which is a very risk on us as a gambler. I think if there is a gambling site that has KYC only fewer gamblers will use that gambling site those who are willing to show their selves. But those who remain anonymously will not undergo KYC verification, maybe they will afraid.
I agree, because most gambler need also a privacy. If you notice that there is kyc require just choose another site, if you dont want a kyc. Its better to secure your personal that let others know if who you are. In gambling its not so really important because sometimes you gamble just for spend time, and youre not expecting to win. There will be many other sites which doesn't use KYC for their member because they respects of their member privacy and they don't want to know much more. But that will be back to the gambler itself, which one they want to choose and no matter if the site is KYC or not, as long as the gambler can enjoy the game, then it is fine.
I don't want to visit a gambling site that required KYC verification, it really depends on us if we are going to pursue our selves to pass the KYC verification in gambling which is a very risk on us as a gambler. I think if there is a gambling site that has KYC only fewer gamblers will use that gambling site those who are willing to show their selves. But those who remain anonymously will not undergo KYC verification, maybe they will afraid.
I agree, because most gambler need also a privacy. If you notice that there is kyc require just choose another site, if you dont want a kyc. Its better to secure your personal that let others know if who you are. In gambling its not so really important because sometimes you gamble just for spend time, and youre not expecting to win. But is kyc really needed in gambling section.
I know we have been getting access to most of these crypto sites without the need of KYC and got a little comfortable.....maybe a whole lot comfortable. But do we need KYC? Yes and No!
For the No, kyc is very unconvincing especially if it's not mentioned when registering and only communicated to you when trying to withdraw after having a good day of gambling.
Then I have observed that kyc is usually extended to gambling platforms that accept fiat as a means of funding your account, so companies do this to prevent fraudulent funding, protecting those under 18 years of age, which is something likely to be part of their licence agreements and generally protect their image and money.
TBH If you still not comfortable doing KYC maybe avoid gambling sites that accept fiat as a form of funding.
Know your customer (kyc) is one security measure I support and do not hesitate to fill-in all my kyc required details. KYc is being used by exchanges, ico project some bounty managers etc.
But is kyc really needed in gambling section. I experienced a very hectic kyc procedure when trying to register onto a gambling site with them telling me they would get back to me after some day so I wonder what if I got a pressing game I needed to play immediately.
In my own opinion kyc is not of major importance in gambling section. What do you guys think
I think that when money is involved KYC is one of the most important to have in all sites even in gambling sites because it matters most the jackpot to who who will be the winner. I think there is no way to doubt it or hesitate on it since it is much more good when they know your identity. It is very transparent to all and there is no way for saying "how come I lose? I was fool by the site at this moment" lol But is kyc really needed in gambling section. I experienced a very hectic kyc procedure when trying to register onto a gambling site with them telling me they would get back to me after some day so I wonder what if I got a pressing game I needed to play immediately.
In my own opinion kyc is not of major importance in gambling section. What do you guys think
Anyway it is my own opinion, I respect the others opinion. 
The impact is not more powerful but the implementation will really gives the confidence about their security by the help of k y c method and I think it performing well and it definitely needed for this gambling field otherwise we cannot know if the problem is happening or not for our security
Well KYC is an antimony laundering procedure or a part of the AML which is being a part of many gambling sites to make sure the money is not involved in illegal activities not allowed by the jurisdiction. The exchange of course knows the gambler who is paying the money from his wallet to the exchange/another gambler but the gambling site requires this as well for it makes the system transparent.Truth be told and realistically, even the casino site operators understands the aspect of anonymity for a gambler, and they know so well reasons behind gamblers wanting to keep their information secret, so I find it very annoying when a site brings in bull shit reasons for the importance of KYC. It doesn’t benefit a player in any way.
I don't think it's necessary unless they just implemented it for overcoming the problem of the fake account. if they know that you are a real user and are active on the casino playing regularly or maybe after some days then also they can focus on you. that will help them improve their site even more like they can make their site according to your needs without even asking you about it.
That assurance is not enough for a gambling site that your a real player. KYC can be asked if your money is beyond the limit and I think being a gambler who always play are not exempted from this. Its important for a gambling site to collect the data of every gambler if they are withdrawing huge money because it can help them to check if you are the real owner or not. ~snip~
It is a choice for a gambler to do KYC or not, it is our call also to keep our identity still anonymous to everybody or not. But I've never thought that gambling site will highly required players to do so cause they'll know what possibly will result giving the doubts that they'll be using it into other activities. That's is commonly a question for everyone submitting KYC and it for sure, not a guarantee that it will keep safeguard to their funds.
You're probably be right, it is our personal discretion if we give it or not, nothing forcing us to give though.
Me too I don't see any importance of implementing KYC for the players because gambling site are not affected because we are player and we play gambling by our own money not their money. I don't see any advatanges for the player and even benefits of requiring to follow KYC that implement by the gambling site. KYC is for the project is better and do not use it anymore to the gambling.
It is a choice for a gambler to do KYC or not, it is our call also to keep our identity still anonymous to everybody or not. But I've never thought that gambling site will highly required players to do so cause they'll know what possibly will result giving the doubts that they'll be using it into other activities. That's is commonly a question for everyone submitting KYC and it for sure, not a guarantee that it will keep safeguard to their funds.
In gambling, of course KYC is not needed at all in my opinion. Because people play gambling just for fun without anything complicated. Just an example, if someone just first gambles and the goal is just to have fun. Is the person complicated by doing kyc first. In gambling doing kyc seems to be a waste of time. I have never played gambling on a site that requires members to do kyc first.
right, gambling is provided for people who want to get entertainment and pleasure, if someone wants to gamble on several sites by doing KYC first, I think everyone won't do it because it's just a waste of their time even too complicated to do, maybe people's interest will decrease if KYC can be applied to several gambling sites
For me, KYC isn't important in gambling.
In gambling, of course KYC is not needed at all in my opinion. Because people play gambling just for fun without anything complicated. Just an example, if someone just first gambles and the goal is just to have fun. Is the person complicated by doing kyc first. In gambling doing kyc seems to be a waste of time. I have never played gambling on a site that requires members to do kyc first.
right, gambling is provided for people who want to get entertainment and pleasure, if someone wants to gamble on several sites by doing KYC first, I think everyone won't do it because it's just a waste of their time even too complicated to do, maybe people's interest will decrease if KYC can be applied to several gambling sites
Me too I don't see any importance of implementing KYC for the players because gambling site are not affected because we are player and we play gambling by our own money not their money. I don't see any advatanges for the player and even benefits of requiring to follow KYC that implement by the gambling site. KYC is for the project is better and do not use it anymore to the gambling.
I don't think it's necessary unless they just implemented it for overcoming the problem of the fake account. if they know that you are a real user and are active on the casino playing regularly or maybe after some days then also they can focus on you. that will help them improve their site even more like they can make their site according to your needs without even asking you about it.
In gambling, of course KYC is not needed at all in my opinion. ~~~~
Agree, stay anonymous was the initial definition of cryptocurrency, but involving KYC will make it behave like fiat. Gambling with fiat wouldn't require anonymity, becasue it's basically fiat that's involve here, but whenever cryptocurrency is involve, there shouldn't be any form of KYC. My identity is very much precious to me, frankly speaking.
The impact is not more powerful but the implementation will really gives the confidence about their security by the help of k y c method and I think it performing well and it definitely needed for this gambling field otherwise we cannot know if the problem is happening or not for our security
Well KYC is an antimony laundering procedure or a part of the AML which is being a part of many gambling sites to make sure the money is not involved in illegal activities not allowed by the jurisdiction. The exchange of course knows the gambler who is paying the money from his wallet to the exchange/another gambler but the gambling site requires this as well for it makes the system transparent. Jump to: