Despite the numerous benefits of having KYC implementation and using sites/casinos that implement KYC in their login and verification system, these casinos do not have this one thing that makes no-KYC sites so appealing to the public—the convenience of not having to sign up and verify your identity across multiple sites over and over again. And to some people, you just can't put a price on that.
There's also the preppers who are so afraid of their information being sold on the ad market so they can be marketed with soaps and all other shit. Which I still can't wrap my head around but I guess it's just fair when the ones at the upper echelon never did anything right.
Topic: Why do you want to play on casinos without KYC requirements? - page 2. (Read 778 times)
November 23, 2023, 05:15:33 PM
November 23, 2023, 01:18:09 PM
One reason is that we send our personal data to people who are themselves anonymous and essentially responsible for nothing. Another reason is that personal data can always be leaked. Also, it cannot be ruled out that sanctions may be imposed against any country or legislation may simply change, and funds may be frozen instantly
Most of the gamblers want to gamble without kyc requirement due to the purpose of hiding their personal documents and gambling anonymously. But due to casino license and some restrictions, it is not always possible to avoid kyc and play gambling. although it is possible to deposit without kyc in many casinos, kyc is required when withdrawing, or sometimes due to account problems, kyc is forced to keep funds safe. Because of this one should always use trusted sites which try to keep Kyc documents very safe. So the possibility of documents being stolen is greatly reducedAnd it's not only about new casinos but many of the reputable platforms would allow you to deposit and withdraw small amounts without doing KYC because the amounts are of no concern to them. You make a $200 deposit and withdraw $100, they have nothing to lose or to be concerned about.
November 21, 2023, 05:15:31 PM
1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.
Sorry' KYC doesn't diminish all of these pitfalls you have listed above, don't make it seem as if with KYC all the enlisted are solved, because it's not.2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.
1: money laundering racketeering mostly use kyc requirements gambling sites using forged documents to pass kyc. Because if the believe that kyc gambling sites reduces money laundry activities money launderers tend to use them more often as it will be less suspicious than when using a non kyc site.
2. This is a falsehood as underage can use the documents of parents or older siblings to pass the KYC process without the gambling site suspecting it.
I can keep disputing your claims on and on one after another but need not be since you're playing the devil's advocate. We are all gamblers and we know what's up on this debate.
November 21, 2023, 01:50:22 PM
One reason is that we send our personal data to people who are themselves anonymous and essentially responsible for nothing. Another reason is that personal data can always be leaked. Also, it cannot be ruled out that sanctions may be imposed against any country or legislation may simply change, and funds may be frozen instantly
Most of the gamblers want to gamble without kyc requirement due to the purpose of hiding their personal documents and gambling anonymously. But due to casino license and some restrictions, it is not always possible to avoid kyc and play gambling. although it is possible to deposit without kyc in many casinos, kyc is required when withdrawing, or sometimes due to account problems, kyc is forced to keep funds safe. Because of this one should always use trusted sites which try to keep Kyc documents very safe. So the possibility of documents being stolen is greatly reduced November 21, 2023, 01:32:17 PM
The risk of providing KYC is your data could be misused. Either directly from the one asking or due to mishandling and hacks. Theft of identity and thousands of complicated situation arising from it.
And with the crypto and gambling most people do want to stay anonymous for personal and legal reasons.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.
And with the crypto and gambling most people do want to stay anonymous for personal and legal reasons.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.
I think the main reason is that people want to protect their anonymous profile and the company having access to your data i know is part of their policy, its personal if you don't like kyc then you go for gambling sites that don't require KYC even me am not a fan of kyc and their is a lot of reasons people don't like kyc but they feel if anything should go wrong illegally they will find it much more easier to trace the offender. With kyc they have given the government full access to tackle anything, anybody. Not that anyone his into anything but everyone is just trying to protect their data.
There are also other reasons for not doinG KYCs.. Most of us wants to maintain our online identity anonymous. By doing KYC we are exposing ourselves. They won't even need all the information. They just need the identification number and they can pull up every information connected with me. I don't believe these platform with KYC because there have been several cases of data leaks, breaches etc. They are just not as protective as they should be with our data. Imagine your identity is being sold on dark web just for 5-10$. Terrifying isn't it?
November 21, 2023, 10:48:09 AM
Privacy is usually the basics and primary reason most persons would wan to get away with KYC because no only will you information be possibly leaked, some casinos use it as an excuse why they withhold back some big wins won by their clients so basically why stress with a casino that requires KYC when there's others who doesn't.
Some persons of high caliber and personalities who gamble for reasons best known to them wouldn't want that aspect of their lives publicised so they prefer staying anonymous while gambling because they are scared after KYC their details will be out there in the public in situations where the site probably gets hacked. But then I don't see KYC as been necessary enough to be troubled about so I still prefer gambling without KYC so my preference if basically for security and privacy.
Some persons of high caliber and personalities who gamble for reasons best known to them wouldn't want that aspect of their lives publicised so they prefer staying anonymous while gambling because they are scared after KYC their details will be out there in the public in situations where the site probably gets hacked. But then I don't see KYC as been necessary enough to be troubled about so I still prefer gambling without KYC so my preference if basically for security and privacy.
November 21, 2023, 09:46:41 AM
The whole KYC requirement to combat AML or meet regulation requirements is actually just an option. There is a casino that is less strict regarding identity verification and there is one that requires a thorough identity verification before the user is able to play. We can not force a casino that wants to meet its regulation needs and comply with any applicable policies to ignore their user to play unidentifiably within their site. After all, the people have the decision whether on what kind of casino they would to play. They are also not being forced.
Note that some casino do share their data without necessarily committing a crime. They might have an agreement regarding data usage. Moreover, Data security practices especially sensitive user data are handled carefully and not regular employees are able to access it. Indeed there is a potency of data mishandling or hacks, but if someone truly has paranoia about their data being stolen or hacked, why would they commit a KYC verification in the first place?
regarding casinos that sell customer data to third parties to commit crimes until now maybe sometimes I worry about this but I will always entrust my worries to myself as long as I do KYC at reputable casino and I dont do anything bad that does not will occur.
Reputable casinos aren't immune to this problem because there's a possibility that an employee will do the leak without the company's knowledge or there's a weak link employee that the hackers that want your data will exploit, it's easy to send someone an email that contains a malware to hijack the computer especially if you know how to social engineer efficiently.Note that some casino do share their data without necessarily committing a crime. They might have an agreement regarding data usage. Moreover, Data security practices especially sensitive user data are handled carefully and not regular employees are able to access it. Indeed there is a potency of data mishandling or hacks, but if someone truly has paranoia about their data being stolen or hacked, why would they commit a KYC verification in the first place?
November 21, 2023, 08:41:49 AM
~
its not unusual when someone is more concerned with anonymity because we dont know what they are thinking and what they are planning and the most important task for me is just to respect any differences of opinion from other people so if someone prefers to reject casinos that use KYC I will not giving any criticism because it is his choice and what I know is that I will do what is best for myself and other people do what is best for that person.~
regarding casinos that sell customer data to third parties to commit crimes until now maybe sometimes I worry about this but I will always entrust my worries to myself as long as I do KYC at reputable casino and I dont do anything bad that does not will occur.
November 18, 2023, 10:39:26 AM
The risk of providing KYC is your data could be misused. Either directly from the one asking or due to mishandling and hacks. Theft of identity and thousands of complicated situation arising from it.
And with the crypto and gambling most people do want to stay anonymous for personal and legal reasons.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.
And with the crypto and gambling most people do want to stay anonymous for personal and legal reasons.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.
I think the main reason is that people want to protect their anonymous profile and the company having access to your data i know is part of their policy, its personal if you don't like kyc then you go for gambling sites that don't require KYC even me am not a fan of kyc and their is a lot of reasons people don't like kyc but they feel if anything should go wrong illegally they will find it much more easier to trace the offender. With kyc they have given the government full access to tackle anything, anybody. Not that anyone his into anything but everyone is just trying to protect their data.
November 18, 2023, 10:31:57 AM
The risk of providing KYC is your data could be misused. Either directly from the one asking or due to mishandling and hacks. Theft of identity and thousands of complicated situation arising from it.
This is actually the reason for the need to provide KYC at gambling in countries where gambling is legal. Casino is under the rule to protect our identity. the safety of our money is more secured with KYC. if there is any harm to your identity or asset, you can make a report to the police or any other legal institution. What you said is only the cases for people who live in a country who ban gambling.
And with the crypto and gambling most people do want to stay anonymous for personal and legal reasons.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.
Staying anonymous is a choice that has consequences like no tax, but when things go complicated, you cant make complain when it gets mishandled or hacked.
I think if you play with big bets you better provide KYC, unless you play small bets for fun.
November 18, 2023, 08:46:34 AM
If the casino does not use KYC when withdrawing funds, then personally I have more desire to use the services of this casino, as it gives more guarantees that the data will not get to the tax authorities, that the funds will not be frozen due to sanctions or other bureaucratic delays
November 18, 2023, 08:21:42 AM
The risk of providing KYC is your data could be misused. Either directly from the one asking or due to mishandling and hacks. Theft of identity and thousands of complicated situation arising from it.
And with the crypto and gambling most people do want to stay anonymous for personal and legal reasons.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.
Can't the same thing happen when we complete KYC verification at cryptocurrency trading platforms? Since most of us use centralized exchanges for the features and products they offer which can't be found in decentralized exchanges, we are compelled to complete our KYC verification there and we don't get our hands back in that matter, why hesitate to do it on a cryptocurrency gambling platform? The regulations are the same for both industries as far as I know.And with the crypto and gambling most people do want to stay anonymous for personal and legal reasons.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.
If someone is afraid that their data can be misused or mishandled, they should only join the most reputable and trusted platforms and gamble with them so that they don't have to worry about their data being misused or mishandled but as time goes by, the requirement for KYC will keep becoming more and more necessary and users will eventually have no choice but to comply with the rule.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 17, 2023, 10:52:10 AM
I am not some kind of criminal but I believe that no one has the right to look into my pocket without my permission - be it the government or some other organization.
Unfortunately, they do have the right as long as you have the privilege to use all the government-funded projects to make a living and have a license to drive on the road and if you violate what's on their constitution they can order the court to yield everything you had, you are not a land where you don't care about everything you will be liable and made to follow what they instruct. If you don't want them to snooze on what you have then don't use any of their facilities and their platforms, this is the reality and we are made to comply with it.
November 17, 2023, 05:41:32 AM
I am not some kind of criminal but I believe that no one has the right to look into my pocket without my permission - be it the government or some other organization.
Unfortunately, they do have the right as long as you have the privilege to use all the government-funded projects to make a living and have a license to drive on the road and if you violate what's on their constitution they can order the court to yield everything you had, you are not a land where you don't care about everything you will be liable and made to follow what they instruct.
If you don't want them to snooze on what you have then don't use any of their facilities and their platforms, this is the reality and we are made to comply with it.
November 17, 2023, 05:32:54 AM
^
In my opinion every person on earth has their own views on privacy, anonymity and gambling so they should have a choice - to play in casinos that are in a jurisdiction that requires money handling businesses to make users undergo KYC, or to play in a casino that does not comply with such a requirement.
I am not some kind of criminal but I believe that no one has the right to look into my pocket without my permission - be it the government or some other organization.
November 17, 2023, 05:12:22 AM
KYC verification is not a problem in countries where gambling is not considered a crime but gambling from countries where gambling is a crime will never want to gamble with KYC verification. If gambling is done with KYC verification from a country where gambling is completely illegal, then the person has a high chance of being caught and if caught for this crime, he can be jailed for several years. Basically considering this aspect, many people do not like KYC verification in gambling.
You have raised several points about the advantages of gambling with KYC verification, these points are certainly important, especially in countries where gambling is not banned, but in countries where gambling is illegal, successful gamblers will never want to do KYC verification.How safe do people who gamble through Telegram app find this gambling game? I think this type of gambling is totally risky so every gambler should be careful from this type of gambling. Telegram usually has a lot of scams so I don't trust any events or news coming from Telegram. If money has to be risked then I am ready to risk maximum money on any other platform or anywhere else but I will never take such risk on Telegram because I don't want to be cheated knowingly.
You have raised several points about the advantages of gambling with KYC verification, these points are certainly important, especially in countries where gambling is not banned, but in countries where gambling is illegal, successful gamblers will never want to do KYC verification.How safe do people who gamble through Telegram app find this gambling game? I think this type of gambling is totally risky so every gambler should be careful from this type of gambling. Telegram usually has a lot of scams so I don't trust any events or news coming from Telegram. If money has to be risked then I am ready to risk maximum money on any other platform or anywhere else but I will never take such risk on Telegram because I don't want to be cheated knowingly.
November 17, 2023, 02:16:01 AM
what I understand at the moment is that it all depends on each individual goals, when someone who really cares about their anonymity they will always avoid KYC and refuse to do KYC, but for gamblers who dont really care about anonymity they can do KYC even if its because they have to. like some people who may already really believe in the casino site which has more high trust and find it difficult to accept other casinos, of course they will do KYC just to be able to gamble on the site and there are also people who register at a casino that requires KYC because of work demands. campaign.
still, it all depends on each individual, but I personally choose to do KYC to avoid something happening like what the OP wrote.
Isn't it weird that they care too much about anonymity though? I get it you're on the Internet but the government and your ISP already knows who you are so how are we going to be that paranoid about our anonymity when there's already people that knows us and there's no person here that's totally off the grid so I don't see why worry about anonymity. I think that the only reason why people want no KYC casinos is because they don't trust anyone and a lot of them are probably money launderers or at least mules of money launderers so they want less flak on them as much as possible. You can't really blame the people who advocate for no KYC casinos as there are scum casinos that will sell your data to a third party which are often malicious in nature.still, it all depends on each individual, but I personally choose to do KYC to avoid something happening like what the OP wrote.
regarding casinos that sell customer data to third parties to commit crimes until now maybe sometimes I worry about this but I will always entrust my worries to myself as long as I do KYC at reputable casino and I dont do anything bad that does not will occur.
November 16, 2023, 09:41:39 PM
1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.
None of this is actually true. KYC doesn't reduce money laundering, it just makes it possible to attach an identity to a crime. Criminals usually think a few steps ahead and aren't using their own documents for verification. Non-KYC casinos can just ban a player if they are aware of suspicious activity.
None of the other arguments in the list hold much weight either. KYC only reduces privacy for law abiding gamblers and the data collected can be used against them. It makes them susceptible to identity theft, targeted attacks, and unwarranted surveillance.
November 16, 2023, 01:21:38 PM
KYC (know your customer) can indeed help identify and prevent illegal activities such as money laundering by criminal elements, terrorism financing and so on, and that is a reason that may make sense.
However, most gamblers don't like KYC because they are worried that their identity will be misused and it makes them feel uncomfortable because anything can happen and with this they anticipate and try as much as possible not to avoid it.
And I am not against regulations using KYC, and I will also continue to use gambling platforms without KYC because and whatever the reason, I don't want undesirable things to happen.
However, most gamblers don't like KYC because they are worried that their identity will be misused and it makes them feel uncomfortable because anything can happen and with this they anticipate and try as much as possible not to avoid it.
And I am not against regulations using KYC, and I will also continue to use gambling platforms without KYC because and whatever the reason, I don't want undesirable things to happen.
November 16, 2023, 01:05:25 PM
I was thinking about this question over the weekend and I cannot seem to find legitimate reasons why people would want to play at casinos that do not require KYC verification.
1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.
Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?
Ps. I am playing Devil's advocate... if you did not notice it.
I am not against KYC requirement in gambling but the thing is our privacy and security. When there is a data breach our personal information will surely be compromised. KYC is good to be honest as it prevent the possible money laundering and scammers or any other illegal activities within gambling sites and or facilities. 1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.
Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?
Ps. I am playing Devil's advocate... if you did not notice it.
Jump to: