Topic: Why do you want to play on casinos without KYC requirements? (Read 778 times)

Not entirely true.
I agree with this but documents can be falsified using tech and since no indepth scrutiny is done, it is not always the case.

How does this happen excatly.
Do you mean scamming from the casino or the players? What I can say here is that KYC will reduce duplicate accounts.

Yes.
Most casinos may have made it optional if not for the regulations and penalty attached for failure to comply.

Not really. They can move to another casino and create a new account.

Agreed.

Not a lot will like the idea of KYC and that for sure is what anyone will want to do at some point and as to how it affects us in any possible ways,  this has a lot to do with eh privacy concern of most cryptocurrency users who have high value for their privacy and have high regards to staying anonymous at some point in time.

This is why most gamblers rather gamble within the set limits and also will not want to go beyond the stipulated limit for none kyc to avoid it being triggered.

You have the right to privacy, not just "a very important thing for some." How can we play down the value of privacy in this digital age where data breaches are common? Being smart is more important than being too careful. People who gamble often dont realize how valuable their personal information is. The really scary part is that any information you share online could be used against you. Why take a chance with your privacy?

Changing casino sounds easy, but is it really useful? Think about this: the internet is full of choices, but not all of them are safe. Are we forgetting how hard it is to check out these sites when we say "find another casino"? Its not enough to just find a casino with loose KYC rules. Its about getting a place that is safe, dependable, and trustworthy. We need to stress how important this choice is. Its not just about ease; its a big choice that will affect your privacy and security online. Shouldnt we be pushing for people to make smarter and more careful choices when they're gaming online?

Distinctin start it first lol, btw its not a new trick after all. Sports betting geeks and casinos already known about it.
Its not to abuse any platform but to minimize the chance being KYC, but it will bring a headache when we must reporting it for the gambling tax.

Exacely, I wouldn't want to gamble on a site that I don't know or trust. Especially, I wouldn't even give away my personal information's to these sites. KYC or not, Reputed sites or not, I think our personal information aren't safe anywhere. But we as a gamblers cannot or won't stop our gambling activity. That is the sole reason for not wanting to use KYC required sites.

There’s a chance that you encounter a problem by doing it. This is when you bet on same market using different sportsbook that use same book maker. Or when you are limited to one casino and you try to play using different casino just to bypass the limitation given to you by the bookmaker.

But if you are just a regular gambler that soortsbook normally, I believe there’s really no problem at all.

I ever read about arbitrage betting using different casinos, maybe it's detected through the third party since the casinos are share their data with them. If there's pattern on how the user is betting, this will raise an attention from the providers or the casinos.

It's legal to share a trick in public forum?

I think it all comes back to themselves whether or not they mind the KYC updates that are required when we log in to some of the sites we choose, privacy may be a very important thing for some gamblers and on the other hand there are also those who don't really care about it, the level of concern is the main thing that plays a role in considering what their decision is.

If you really object to casino rules that tell or require you to do KYC then you are free to find another casino without such rules, I think this is not too big a problem if you can make perfect considerations about what you want and what worries you. One of the things that we can do may be as you suggest, if they are worried about the potential hacking that is always inevitable or very likely to happen then one of the ways that you can do is that you should look for some references from other people or reliable sources that can give you one of the KYC gambling sites that have a very good reputation and you trust the site.

That technique might works if you used different devices, IP's, source of funds/wallet addresses, do not place bet on a high risk games, must use a coin with a cheap transaction fees and else.
 From my experiences, I only bet on major leagues with the bet amount between $10 to $300 max and never been asked to do KYC at all.

I do prefer to play without KYC requirements, but that is soundly impossible if we want to play on Legal Casinos. So better choose any casino which not too strict with their KYC policies.

Indeed, we don't need to complete any requirements to make large withdrawals and it can also be said that we can gamble anonymously and avoid bad things such as selling data on the black market or others.
But at the moment I think most of the popular and reputable casinos have also implemented KYC requirements system when their customers make large withdrawals.
And in fact, there is no longer any need to be afraid of providing KYC if almost casino has implemented it and they are trusted in maintaining customer security and comfort.

Yes, it is true that one way to avoid problems related to requirements such as KYC is to read all the casino rules that have been set and agreed to by all customers there.

When it just small withdrawal there will never be KYC requirement but wouldn't it be better to complete it from the start just in case when one day we get big win we no longer need to complete verification to be able to withdraw it.

I don't believe playing on multiple sportsbooks would violate the rules of a particular gambling site, so I don't see any risk in doing so. While creating two or more accounts on the same gambling site could potentially cause issues, spreading bets across multiple sportsbooks is generally considered safe.

Personally, I have accounts with at least five sportsbooks, and I haven't faced any problems with them. The intention is not to cheat but to explore the offerings of each sportsbook.

Would you truly consider playing on a site you don't trust? If your answer is no, then it follows that you might willingly comply with KYC requirements if the site deems it necessary. While there is always a risk, especially in the event of a hack, reputable sites operating within regulatory frameworks are obligated to adhere to standards ensuring the protection of our information from malicious attempts. In short, it's recommended to engage in gambling only on reputable sites that have earned your trust, should you choose to share your KYC details and documents with them.

when the system reads this way, it can be dangerous for the accounts. never mind people gambling with small amounts of money to avoid KYC. but in the long run, perhaps more intense gambling will attract gamblers to gamble with more money. and finally, the account will be forced to undergo KYC.
actually, I didn't have any problems with KYC at the casino. The fear is when the casino eventually goes bankrupt and user data could be misused. We must wisely choose a casino that looks very good at protecting user information.

I'm in the same boat; that's my preferred range, so I don't encounter the need for KYC requirements. I believe everything is automated, and the KYC requirement won't be triggered as long as you are gambling within that range, i think less than $1k in transactions, including withdrawals and deposits would be fine. The site can continue to serve its gamblers because the amounts involved are not significant. This means that smaller gamblers enjoy more anonymity compared to those who are high rollers in gambling.

A useful technique, especially for sports betting, is for gamblers to open multiple sportsbook accounts and spread their bets. This way, they can stay within the lower betting levels where the system wouldn't trigger a KYC requirement.

Yes, that's the fact that I can withdraw money without having to complete KYC and provide my identity, that's why it's important for big gamblers who want to make large deposits and big bets to read the rules and requirements first so that there are no problems related to KYC and Others, we encounter many cases on forums that many of them cannot withdraw money because of KYC.

But that for big gamblers doesn't happen to small gamblers on average they never have problems and withdraw money without having to fill out KYC first during betting and carry out betting requirements correctly, everything will definitely be fine whenever money can be withdrawn and I often try to withdraw money hundreds of dollars is still considered safe without KYC on big sites

And that is just another problem, you did raise the important points. Regarding basic website analytics sites, like the daily active user, visitor, per day profit generated, and such kind of things that are general ones. But if we talk about user data, this goes to a sensitive position, and specifically in this case, if it is not being handled well, as you pointed out, that would increase the risk of how their users could get harmed.

Company or casino data practices is quite untransparent, that is because we did not know behind the scene. So the consequence is that we can trust an entity or certification that verifies the practice, for example, ISO 27001. Moreover, the regulation in which the casino resides does play a part in the license holder's data practises. So those things are the ones that should also be included in consideration.

1. No, with identity theft you can circumvent these measures.
2. No, with identity theft you can circumvent these measures.
3. No, with identity theft you can circumvent these measures.
4. No, with identity theft you can circumvent these measures.
5. No, with identity theft you can circumvent these measures.
6. No, with identity theft you can circumvent these measures.
7. No, with identity theft you can circumvent these measures.
8. No, with identity theft you can circumvent these measures.


The big problem is that these data collecting data krakens turn into honeypots and are the perfect targets for hackers. Inside jobs can be a threat, too. It is dangerous to provide data to less known gambling providers because their goal might not be to have you gamble as much as possible and lose as much as possible, but to get your data instead and sell it on the black market.

It is beyond me how you would counter gambling addiction with KYC when there are hundreds of operators that you can sign up an account with. The list for things that speak against KYC is so long that I doubt anybody has the time to put it all together here again.

But I think if you like to check out a quite comprehensive overview, 1miau has taken the time in 2020 to write down lots of problems regarding KYC. The thread is worth reading and drop some merit if you can for 1miau.

I forgot about the part that they can do that if they added to their terms and conditions but yeah I know that, I work with data so I know that there's some level of user information that we share because we need to do statistics on our products and services. I am speaking from experience here and I am telling you, that most offices or workplaces that I've been into don't have that strict measure with their data, the only security they have is the clearance of the employees that will use the computers so I wouldn't say that with confidence that data is handled carefully. Also, if you know a thing or two about social engineering basics, you would probably held the threat of hacks and data mishandling with highest regard because it's sneaky at best. Your last question is a conundrum because if they're really paranoid then there's no way that they would've done that KYC verification in the first place, they wouldn't even think twice not doing the verification, they would just leave.

KYC is sensitive data, and we don't know how the casino manages that information and how strong is the security on it, and the big risk about KYC is when hackers get access to those databases. No one wants their sensitive information like Mail, real name, phone number and address to be in the wrong hands.

For me this is my personal point of view and why i don't like the KYC process unless i really trust the site.

I was trying to see if you are been sarcastic about your thread but I see that you are serious about everything you said and listed.

There is this thing about not doing KYC and it's not about the things you listed. KYC break privacy and without privacy, you have nothing to protect and it's everyone freedom to protect their privacy. There is nothing wrong if you want to keep your privacy from the public, how you do, what you do and when you do is none of anyone business but when you do this kyc, all is gone because you have exposed everything about yourself to a company that you know nothing about but knows everything about you.

Furthermore, doing KYC isn't the main problem, there are many reports of KYC information been sold because KYC is a very profitable business on the dark web where people can use your information, they buy your data and use it for another thing you know nothing about. How will you react when you see your pictures on the national television for wanted for a crime you know no about. That's one thing to fear about KYC.

KYC might be a way the company might be protecting itself from theaw enforcement and other people but the more you look at these companies, the disadvantages of KYC outgrow the advantages of KYC and that's why people should avoid it if they can.