Y hs giving out our private information become a normal thing in the name of KYC

Dr.Bitcoin_Strange

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Quote from: DaNNy001 on June 19, 2024, 10:51:48 AM

Quote from: Dr.Bitcoin_Strange on June 16, 2024, 12:00:15 PM

Quote from: khiholangkang on June 16, 2024, 07:44:07 AM

And there are also casinos that do not require KYC to their customers either withdrawing funds or depositing funds, but for the average standard now the casino imposes KYC for its customers who want to be in their gambling, this is still quite normal in my opinion today even though we have a fear of leakage of our personal data.

Just like you said, it's better for a gambler to first read and understand the rules of the casino before using it. If the gambler is trying to avoid KYC, then they should avoid casinos that request KYC and use casinos that don't require them to do KYC before they can gamble and withdraw. There are some web3 casinos now where you just have to create your account and connect your wallet to start gambling, and after you have won, you can easily withdraw to your crypto wallet as well.

Some people are after ones personally informations because they want to sell it or use them for fraud activities, the truth is casino won't stop demanding for KYC anytime soon because that has been part of their system. They are also demanding KYC for their own benefits in other to protect their own business reputation. Actually it won't be bad if they keep a good quality security in other to protect their customers details at all cost.

The truth is that regulated casinos will never stop asking for their customers to be KYC'd. If they don't ask for it immediately after registration, they will still ask for it later. Like I already said, any customer that doesn't want to pass KYC should use a Web3 casino that is not regulated and doesn't request KYC. For most of us here who are crypto enthusiasts, we can tell the risk that is attached to KYC. I believe that is why the OP is asking the KYC question because there are some casinos that can also be shady; they just want to get customer details that they could use for illegal activities at the end.

khiholangkang

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Quote from: DaNNy001 on June 19, 2024, 10:51:48 AM

Quote from: Dr.Bitcoin_Strange on June 16, 2024, 12:00:15 PM

Quote from: khiholangkang on June 16, 2024, 07:44:07 AM

And there are also casinos that do not require KYC to their customers either withdrawing funds or depositing funds, but for the average standard now the casino imposes KYC for its customers who want to be in their gambling, this is still quite normal in my opinion today even though we have a fear of leakage of our personal data.

Just like you said, it's better for a gambler to first read and understand the rules of the casino before using it. If the gambler is trying to avoid KYC, then they should avoid casinos that request KYC and use casinos that don't require them to do KYC before they can gamble and withdraw. There are some web3 casinos now where you just have to create your account and connect your wallet to start gambling, and after you have won, you can easily withdraw to your crypto wallet as well.

Some people are after ones personally informations because they want to sell it or use them for fraud activities, the truth is casino won't stop demanding for KYC anytime soon because that has been part of their system. They are also demanding KYC for their own benefits in other to protect their own business reputation. Actually it won't be bad if they keep a good quality security in other to protect their customers details at all cost.

Of course that's what we expect from casinos, they take very seriously the personal data of their customers because it is a valuable data that when used wrongly it will cause chaos to someone who is used for misuse of personal data, such as in illegal trading or fraud as you mentioned.

It is true what Dr.Bitcoin_Strange said that gamblers must first read the rules in the casino because there are what is allowed and not allowed and customer conditions in the casino, so with web3 casinos there needs to be a guarantee that they are really fair and the popularity that you want to use must have the best reputation or popularity at the standard level.

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Quote from: DaNNy001 on June 19, 2024, 10:51:48 AM

Some people are after ones personally informations because they want to sell it or use them for fraud activities, the truth is casino won't stop demanding for KYC anytime soon because that has been part of their system. They are also demanding KYC for their own benefits in other to protect their own business reputation. Actually it won't be bad if they keep a good quality security in other to protect their customers details at all cost.

So don't let your identity be handed over to a less reputable platform, it will usually be a scam where the platform sells your identity on the black market.

Not from part of the system because the casino is now centralized so KYC will definitely be needed for their legality against existing regulations because the casino already has a license, KYC will automatically be required later considering there are already rules.

I'm sure most casinos will protect the identity of their customers, they won't divulge it so it's safe, although there is a slight concern... Now casinos are still KYC friendly with small withdrawals so use those casinos.

DaNNy001

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Quote from: Dr.Bitcoin_Strange on June 16, 2024, 12:00:15 PM

Quote from: khiholangkang on June 16, 2024, 07:44:07 AM

And there are also casinos that do not require KYC to their customers either withdrawing funds or depositing funds, but for the average standard now the casino imposes KYC for its customers who want to be in their gambling, this is still quite normal in my opinion today even though we have a fear of leakage of our personal data.

Just like you said, it's better for a gambler to first read and understand the rules of the casino before using it. If the gambler is trying to avoid KYC, then they should avoid casinos that request KYC and use casinos that don't require them to do KYC before they can gamble and withdraw. There are some web3 casinos now where you just have to create your account and connect your wallet to start gambling, and after you have won, you can easily withdraw to your crypto wallet as well.

Some people are after ones personally informations because they want to sell it or use them for fraud activities, the truth is casino won't stop demanding for KYC anytime soon because that has been part of their system. They are also demanding KYC for their own benefits in other to protect their own business reputation. Actually it won't be bad if they keep a good quality security in other to protect their customers details at all cost.

aioc

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Then how do you go about it? Is it their way of proving if you are multi-accounting or if you are capable of sustaining your bankroll, it either you play on Web3 casinos or play on physical casinos or go for it.

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Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

You don't do that. Doing KYC involves trust, so gamblers should not immediately go for KYC or play big money until they establish their reputation and gain your trust.

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Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

That should always be the way if you're an irresponsible gambler, you will do the right thing and that is to check and research the status of the casino that you are going to play, and you should also be good at doing that.

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Many of us become hostage of the casino. You register, don't get asked for anything, all you get is a line in ToS saying more or less that that casino does not require it unless there's a suspicion or large amount of money being used. Nevertheless, the casino has the right to ask for it whenever it pleases.
People ignore this thinking they'll probably lose anyway, so they start to gamble and then suddenly they win and can't withdraw because the casino wants KYC.
It's either you get sell your date for the privilege of getting the money out, or you don't and lose the win.

tread93

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

I wish KYC could be taken down securely, with a promise that your information won’t be hacked or sold. It would be fantastic if there were some sort of governing body that would impose fines on companies who let this information get hacked due to lack of cyber security in order to encourage companies to have higher security standards. Unfortunately companies usually spend the bare minimum on this stuff.

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Quote from: Uhwuchukwu53 on June 15, 2024, 02:36:32 PM

Quote from: bangjoe on June 15, 2024, 07:07:42 AM

I really don't want the casino that I use today to experience hacking to leak their customer data because that is the most important part of every member who registers there, why do I do KYC because I really want to continue playing, withdrawing and taking money if I occasionally get a win, as simple as that.

If we look further, there are certainly casinos that have a good reputation for being hacked but we also see that it is more vulnerable to hackers whether casinos that are regulated or illegal, from here I can also conclude which is the best and which one I will take for the place where I gamble even though I have to do KYC, but at least they have guarantees for the security of their customer data.

The truth remain within the ridge of statement which you have stated, but in my own perspective we have already know that anything that requires your details is risky but one must also apply some smartness to avoid those deep danger just hangjoe is saying weather regulated or not one really need play it's casino on where he deem it safe. But most if the platform where KYC is required to check how safety it's is necessary on how they can secure their customers never to release or make one identity public to hackers, that is why a gambler must be able to know the real sight to gamble mostly when KYC is required.

To be honest this is quite easy to decide, but it does sometimes become a dilemma because it is necessary to provide data to the casino, people who are not used to it and or have experienced bad things before with their data this will be something that troubles them, however whether or not KYC is enforced either before or after I think the response depends on one's experience as well in going through this process.

KYC days are normal and not a problem, if we don't want it then we just need to leave the casino and leave the money that you might want to withdraw, and find a new casino again, and that is a natural consequence for today.

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Quote from: Dr.Bitcoin_Strange on June 17, 2024, 04:57:55 AM

Is there any Web3 wallet apart from the self-custodial wallet and the exchange wallet? That's what I don't know about, man.

Nope, it's a self-custodial wallet, most people branding self-custodial wallet that accept NFT and can be used to connect to sites as web 3 wallet, that's why people keep calling web 3 wallet instead of self-custodial wallet.

Quote from: wiss19 on June 17, 2024, 01:23:33 AM

A gambler should only complete KYC at a platform that they know they will use all the time and they should make sure that the platform is trusted and reputable so that their personal details aren't compromised or used in wrong ways. Completing KYC isn't necessary all the time.

All casinos always say they will protect the gamblers' personal details since their sites are really secure including the trusted casino. But, any centralized casinos are prone to get hacked, so if you ever verify your account, you need to accept if your personal data would be used by someone.

Dr.Bitcoin_Strange

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Quote from: ginsan on June 16, 2024, 12:38:09 PM

And yes web3 casino is a concern today because it does not require KYC to access it is much easier because it only connects our web3 wallet, but be careful using the wallet because we don't know what will happen, keep using a special wallet for gambling instead of using the main wallet.

Is there any Web3 wallet apart from the self-custodial wallet and the exchange wallet? That's what I don't know about, man. To gamble on the Web3 casino, you will connect your personal wallet (self-custodial), and only a dumb person will go ahead and use their main wallet, which contains all their assets. While gambling in such a casino, it is better to create a special wallet that you will only be using for that casino.

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I know cases of conducting KYC with dummies. Players who have already been exposed in some casinos find simpletons who are ready to show their documents for a few dollars. There are especially many such people in poor areas, where people do not know how to use the Internet. I think that the casino should be well aware of such points that if a person needs to remain anonymous, especially someone who uses the casino for money laundering, he will find a lot of options. Therefore, passing the KYC does more harm to the clients themselves than to protecting the casino.

wiss19

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There is no doubt about that, gamblers aren't supposed to complete KYC at every platform they join even if they are explorers and are trying out all the platforms it's not always safe to do that because some new platforms might not have good intentions and they might misuse the information. Even if they don't use them for any illegal purposes themselves, they can sell the details to third-party services and websites that might use them for purposes you don't like.

A gambler should only complete KYC at a platform that they know they will use all the time and they should make sure that the platform is trusted and reputable so that their personal details aren't compromised or used in wrong ways. Completing KYC isn't necessary all the time.

Slow death

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It is true that doing KYC in many casinos is something that exposes people to the risk of seeing their documents being leaked in a scam casino or in a casino targeted by hackers, but unfortunately casinos and people have no other choice, everyone needs to comply with kyc, in this article for example they explain some advantages of kyc:

Quote from: https://www.idnow.io/blog/importance-of-kyc-in-online-casinos/

Know Your Customer (KYC) is a process used by online casinos and other online gambling platforms to:

Verify the age and identities of customers

Ascertain whether identity documents are legit

Detect risk factors, such as problem gambling (gambling addiction, affordability issues).

KYC is an essential part of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations in many countries. Adhering to these regulations protects operators from reputational or monetary risks, and safeguards customers and national economies.

Besides preventing fraud and guaranteeing compliance with age restrictions, KYC helps operators ensure responsible gambling measures and filter out problem gamblers. By monitoring customers’ gambling activity and evaluating their spending patterns, operators can identify those at risk of developing gambling problems, such as gambling addiction.

source: https://www.idnow.io/blog/importance-of-kyc-in-online-casinos/

KYC also helps casinos to prevent bonus abusers, detect cheaters, so when you look at this side, we can see that casinos need kyc, but also license providers force casinos to charge kyc, so it's a scenario in which even if we are facing a new casino that we can consider suspicious, still if we want to use that new casino while it is asking for kyc, then we have no other choice, we will need to do kyc at that new casino. the number of cases involving documents leaked in a casino over the last 5 years, I think it is a very low number, at least I have not heard reports of it being constant that casinos are targets of hackers or that it is constant that casinos leak documents of people

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

Cause it’s not like the casino’s gonna send ur identity details to a cesspool planet of hackers and assassins who will take care of your sorry ass. Most of these casinos even have the one and done style of KYC assuming that it’s all they need. For the most part they were right, and even if they do get attacked and hackers get a hold of your account through their database, I don't think the identities of their users are going to be the prize they'd be looking for, unless there's some notable people they could blackmail money out of, which again, is not you, so yeah.

Nothing wrong with it in my opinion, KYC that is. In some cases it’s much better to give out your info. The casino doesn’t know what to do with it.

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

While we ought to be careful of which casinos we get registered on,to avoid getting our information sold out or possibly stolen, we also need to understand that there's little to what we can do about it... Do we have casinos that don't request for KYCs at all? Are you aware of the risk that's involved in unlicensed casinos?

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There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

how does it really make sense to you that you made references to an event about a reputable casino getting hacked, then you end up advising us to avoid non reputable casinos? Do you not believe that roobet could possibly get hacked?

STT

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Its the exchange to FIAT that requires all background information checking I think, if its purely crypto that it shouldnt be such a big deal. That used to be true but maybe not so much.

In theory I can trade anything back and forth, Bitcoin started out alongside the old trading cards and developed from there. Surely just swapping baseball cards back and forth doesn't require all that kind of security but as soon as it goes near to FIAT cash then you step into the realm of global governance.

2 main reasons things changed, Bitcoin got big it used to be hundreds now the entire thing is over a trillion so its gigantic and I guess it got attention. The other reason would be the liquidity and fungible trading, its far easier to use now so its monitored for laundering or any funding going to crime etc. They go after money when they are opposing some criminal activity so it figures just from that.

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

We shouldn't ignore those hacking issues, it's really so serious and I believed most gamblers are vulnerable of the attacks. KYC information can be very rampant and data privacy breach might have caused your identity to be cloned by these devilish anonymous hackers. Private information became norm but I don't think we shouldn't trust those unreputable casinos, since other related sites hasn't verified to be legitimate as well.

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

You are two sided person and I don't really understand which you are supporting. You aren't satisfied with why people are given out something private to some companies because they want to play in their platform and guy went ahead to say to give it to reputable casino. My question now is how do you even differenciate between a reputable casino and the one we shouldn't submit our KYC into since you are using reputation as a yardstick like anything is not going to happen later.

I'm not a person that likes casino gambling, a phone number is a I need to gamble in the casino that I used and nothing like KYC is needed but at the same time, I think some people don't have choice but to verified since most of the casinos you see around including the one you referred to as "reputable" all want you to verify before you can use one. It's always difficult to see a casino that doesn't ask for KYC these days but I think majority don't care if it's kyc or not as long as their deposit and withdrawal option is working.

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In every service that we use online for our KYC even the banks, they're also prone to hacking if they play easy with their security. And why it had become a normal thing to pass on KYC? I guess that the community has agreed to accept things lightly with that based on the experience of many and every time someone who's going to gamble in with the expectation of going home big, they're already expecting that soon they'd be KYCed. Lucky me that bc.game is kyc-free on me or it's just that I am not as big as the others.

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Quote from: famososMuertos on June 15, 2024, 11:01:21 PM

OP you mention that KYC has become normal, when it has not been, the Casinos have their TOC, that is the verification route of the user-players to understand the required levels of verification, then we must add the abuse that some have casinos to delay payments due to the demands of absurd documentation, when a level 1 should work in most cases, that is an abuse that has become normal in "Chinos" Casinos or with a bad reputation, only play in recognized casinos.

How many casinos now requires a KYC? I think there is a bunch of them, like over 80%. So, the OP is actually right that KYC has become a norm here. Not only here actually but on other fields too like crypto trading or when using an exchange and then by simply using a wallet for storing a crypto, as some wallets are not decentralized. Casinos should be fair and transparent to state the required documents for a certain level of KYC (if it works like this) as most casinos that I visit only have 1 level of KYC.

At the end of the day, we are still a customer and they are the owners. They can do what they want, including demanding us an extra document. We need to follow it or else, we lose our hard-earned money.

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Quote from: Dr.Bitcoin_Strange on June 16, 2024, 12:00:15 PM

Quote from: khiholangkang on June 16, 2024, 07:44:07 AM

And there are also casinos that do not require KYC to their customers either withdrawing funds or depositing funds, but for the average standard now the casino imposes KYC for its customers who want to be in their gambling, this is still quite normal in my opinion today even though we have a fear of leakage of our personal data.

Just like you said, it's better for a gambler to first read and understand the rules of the casino before using it. If the gambler is trying to avoid KYC, then they should avoid casinos that request KYC and use casinos that don't require them to do KYC before they can gamble and withdraw. There are some web3 casinos now where you just have to create your account and connect your wallet to start gambling, and after you have won, you can easily withdraw to your crypto wallet as well.

Of course we have to read what the rules are in each casino where we play because it is the initial capital of caution in undergoing a gambling journey at a casino so that in the end we feel cheated or we know the risks that might occur.

And yes web3 casino is a concern today because it does not require KYC to access it is much easier because it only connects our web3 wallet, but be careful using the wallet because we don't know what will happen, keep using a special wallet for gambling instead of using the main wallet.

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Quote from: khiholangkang on June 16, 2024, 07:44:07 AM

And there are also casinos that do not require KYC to their customers either withdrawing funds or depositing funds, but for the average standard now the casino imposes KYC for its customers who want to be in their gambling, this is still quite normal in my opinion today even though we have a fear of leakage of our personal data.

Just like you said, it's better for a gambler to first read and understand the rules of the casino before using it. If the gambler is trying to avoid KYC, then they should avoid casinos that request KYC and use casinos that don't require them to do KYC before they can gamble and withdraw. There are some web3 casinos now where you just have to create your account and connect your wallet to start gambling, and after you have won, you can easily withdraw to your crypto wallet as well.

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?
Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Usually new casinos offer attractive bonuses and that is normal because they want to attract lots of players so that the casino becomes popular, especially if they are high rollers because sometimes casinos will give different treatment but KYC is difficult to refuse, and for people If you think personal data is something that is not important to keep confidential then of course the bonus is more important so he will prefer to move from casino to casino.

Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.
There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

When we have done KYC anywhere, including trusted casinos, the chances of our data being leaked are open, but there will be a greater chance of leaking if we do it in many places, so it's better to never do KYC, but it's clear that it's difficult at the moment, it's hard to find a casino with KYC free, the more money you withdraw, the more opportunities you have to do KYC, so not moving around to many casinos is better.

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

We have an international institution that is called AMLAC and they monitor the movement of money from hackers there's a possibility that gambling platform is their target to wash their dirty money

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Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

As long as they did their research and were comfortable with their decision even though there is a risk attached to it, every gambler's decision is part of abiding by the rules of the casinos they choose to play.

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Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

All gamblers should be fully aware of this so they must have an investigative mind and do research and read a lot of reviews about the casino they choose to play, which is why old casinos have an edge over new casinos because they have the trust of the gambling community, it's not easy for a casino to establish their reputation but they have to work for it if they want to stay long on this industry.

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Sincerely speaking no casino forced you to use their services and before you going to sign up it is as good as reading their ToS before joining them. If you read and found out that you aren't suitable with releasing your information to them it will be good not to join them because if you do before withdrawing your funds you must pass the kyc before having accessing to your winning amount, that's why is always advisable to read terms of service before jumping into their platform to make account.

danherbias07

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I agree. Let us stick with 2 or 3 reputable casinos and stay there. I don't understand why they jump from one online gambling site, especially the new ones to another but I would not recommend this at all especially if they are looking for KYC at the early phase of your playing time. That's not normal unless you will be gambling for large amounts.

But let's seek loyalty and reputation first. Here in the forum we already have lots of online gambling sites and sports bookies that offer great services and with a root on their reputation. There may be some slight problems but it won't go as far as scamming other gamblers.
I wish they are just doing that registering to new ones because they have not find their best choice yet and not because of a different purpose.

Assface16678

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Quote from: khiholangkang on June 16, 2024, 07:44:07 AM

Quote from: Dr.Bitcoin_Strange on June 16, 2024, 07:07:31 AM

Giving off KYC details is not a normal thing by gamblers just like you think. If gamblers have the choice not to give out their private details to casino then they will not do it willingly. Gamblers submit their details because the casino has mandated them to do so before they can he able to withdraw.

Every casino has different rules, some casino will not allow you to deposit when you have not done your KYC verification, while some will all you to deposit but you can not withdraw until you do your KYC verification. If you want to avoid KYC casinos then you have to use web3 casinos that is not being regulated and don't ask for KYC verification from their customers.

Yes, every casino has different rules, therefore it is important for us as gamblers to read the ToS and understand exactly what is in it so that we do not respond incorrectly when we have entered to anticipate anything that is indeed something that we do not like from a casino.

And there are also casinos that do not require KYC to their customers either withdrawing funds or depositing funds, but for the average standard now the casino imposes KYC for its customers who want to be in their gambling, this is still quite normal in my opinion today even though we have a fear of leakage of our personal data.

We can't blame those people or gamblers that are anxious towards KYC; it is understandable, but we also can't do anything about it. I mean, almost all gambling sites are compliant with KYC, or else they could not operate legally, so it's up to us whether we want to comply with KYC or not. But it's hard to find casino platforms these days that don't implement KYC, especially in countries that are too strict when it comes to gambling-related issues. Many people don't understand that KYC is a form of security and prevention for customers and owners.

So far, I have not encountered any problems when it comes to KYC or the concern that our information may leak or be sold to those big companies, because I know it could still be done. That is why it is very important for a user to first read the rules and regulations of a certain site so that you can see suspicious rules on the site.

khiholangkang

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Quote from: Dr.Bitcoin_Strange on June 16, 2024, 07:07:31 AM

Giving off KYC details is not a normal thing by gamblers just like you think. If gamblers have the choice not to give out their private details to casino then they will not do it willingly. Gamblers submit their details because the casino has mandated them to do so before they can he able to withdraw.

Every casino has different rules, some casino will not allow you to deposit when you have not done your KYC verification, while some will all you to deposit but you can not withdraw until you do your KYC verification. If you want to avoid KYC casinos then you have to use web3 casinos that is not being regulated and don't ask for KYC verification from their customers.

Yes, every casino has different rules, therefore it is important for us as gamblers to read the ToS and understand exactly what is in it so that we do not respond incorrectly when we have entered to anticipate anything that is indeed something that we do not like from a casino.

And there are also casinos that do not require KYC to their customers either withdrawing funds or depositing funds, but for the average standard now the casino imposes KYC for its customers who want to be in their gambling, this is still quite normal in my opinion today even though we have a fear of leakage of our personal data.

Wexnident

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

~

It wasn't really casinos that normalized this, just businesses in general. Probably mainly due to the government pushing for it though since they wanted AML implemented across everything nowadays. I've long given up thinking that any business, not just casinos for that matter, would one day inevitably end up giving out whatever KYC info I gave out to them to the public so at that point, I just try to manage what I actually can handle. Anything finance related, sharing where I am or what I'm doing in social media, stuff like that that are obvious giveaways for scammers to hit are a big no no. In general I just avoid sharing anything I do lol.

Dr.Bitcoin_Strange

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Giving off KYC details is not a normal thing by gamblers just like you think. If gamblers have the choice not to give out their private details to casino then they will not do it willingly. Gamblers submit their details because the casino has mandated them to do so before they can he able to withdraw.

Every casino has different rules, some casino will not allow you to deposit when you have not done your KYC verification, while some will all you to deposit but you can not withdraw until you do your KYC verification. If you want to avoid KYC casinos then you have to use web3 casinos that is not being regulated and don't ask for KYC verification from their customers.

ethereumhunter

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Be careful if you wants to gives your private information to any website. You must make sure you gives that information to the right website, even if that is online casino because we don't knows what they will do with our private information. You must search for more information before you gives your information to the casino and it's better you asks in this forum because many members here have much experienced about that and they can helps us to search the right online casino.

We must realizes the risks of giving our private information to casino or other websites. There is no 100% safe so we must trying to collect many information about the site and if we are sure that the casino have good reputation and can protect our private information, you can continue the process.

yahoo62278

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

Gamblers aren't thinking of consequences when signing up for casinos, they are thinking of the free money that the casino is offering mostly. Casino comes here to the forum offering something for bitcointalk users only and gets a decent number of freebie hunters to sign up. I am against KYC to some degree but we are supposed to be able to trust that whatever casinos we decide to give the info to, can handle the info without getting hacked. Unfortunately that's not the case.

famososMuertos

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OP you mention that KYC has become normal, when it has not been, the Casinos have their TOC, that is the verification route of the user-players to understand the required levels of verification, then we must add the abuse that some have casinos to delay payments due to the demands of absurd documentation, when a level 1 should work in most cases, that is an abuse that has become normal in "Chinos" Casinos or with a bad reputation, only play in recognized casinos.

TelolettOm

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Unfortunately, yes, KYC now seems to be a normal thing to be done if we are going to use certain platforms. This may be because the regulations regarding certain platforms are much stricter, especially in some countries. because, even though it is an online casino, they still comply with the laws of various countries, and if they violate them, they themselves will suffer losses. Therefore, these platforms prefer to secure their platforms. Moreover, it seems like people are now quite used to this condition, which is actually quite sad.

Because however, when we dive into the digital world, especially regarding cryptocurrency, one of the things to consider is privacy. But unfortunately, with this KYC fund, our privacy is also not completely safe. Maybe there are many people who say that it doesn't matter because after all, only those platforms know our identity, that's only certain parties, that's only certain parts. But the thing is, it's not that simple. Because there are concerns about data being stolen, that's why we are quite worried. But what else can you do, if you don't want that, the only way is to choose a global platform that doesn't require KYC, but still has trust and a good reputation.

Russlenat

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This is the reality now: gone are the days when we could gamble anonymously at popular casinos. Decentralization is gone too, and that's because the government is watching us. Casinos don't want to lose their business, so they have to get a license and are mandated to require users to comply with KYC requirements.

I understand there's a risk, but we are gamblers; we are risk-takers. It's just a matter of minimizing the risk, and that is by only trusting the most reputable casinos or at least one of the most reputable ones. Personally, I have completed KYC at a number of casinos, and I'm hoping they will keep my information confidential as they are supposed to.

Kemarit

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

It's like the norm today, and as you mentioned, they will have to ask each customer info so that they will know their location. Why? because they have to make sure that they are within the gambling age. There are instances that kids stole their parents credit card and they try to play on crypto based casino, as least asking for info might prevent this from happening.

Another is the basic, AML policy, casinos will have to fully comply with this law, otherwise they can't get any licenses. And financial watchdogs are very strict with this law because they don't want casino to be used by criminals to launder money. Casinos have fraud department that constantly looking for any suspicious activities from their customers and the moment they see something odd is going with that account, they are going to ask their customers for KYC immediately.

goaldigger

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This is the trend now and this is not just with crypto, you can experience this with banks, online apps and also with some companies and seriously, it’s hard to know who leaked your information and sold it to the black market. Crypto is not a safe haven anymore for you to be anonymous, not unless you will not participate on those projects who are asking for a KYC and remain unknown.

Uhwuchukwu53

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Quote from: bangjoe on June 15, 2024, 07:07:42 AM

I really don't want the casino that I use today to experience hacking to leak their customer data because that is the most important part of every member who registers there, why do I do KYC because I really want to continue playing, withdrawing and taking money if I occasionally get a win, as simple as that.

If we look further, there are certainly casinos that have a good reputation for being hacked but we also see that it is more vulnerable to hackers whether casinos that are regulated or illegal, from here I can also conclude which is the best and which one I will take for the place where I gamble even though I have to do KYC, but at least they have guarantees for the security of their customer data.

The truth remain within the ridge of statement which you have stated, but in my own perspective we have already know that anything that requires your details is risky but one must also apply some smartness to avoid those deep danger just hangjoe is saying weather regulated or not one really need play it's casino on where he deem it safe. But most if the platform where KYC is required to check how safety it's is necessary on how they can secure their customers never to release or make one identity public to hackers, that is why a gambler must be able to know the real sight to gamble mostly when KYC is required.

iv4n

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Giving out our private info is a normal thing... when I go to some store they have an app, but to register I need to provide some "sensitive" info. It's like that almost everywhere, and it's really hard to stay away from all that. So is it normal to give our private information, I am sure it is, we do it all the time. Simply said, we can't use some services if don't do it...

So I don't like it, and I am sure many others don't like it too, but the reality is if wish to use some services we need to be ready for that request to pass KYC. We can like it or not, but it exists.

Yatsan

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For sure many people are aware of it. However, have any of this happened on a laarge scale? Can't remember but please do enlighten me if there were big news on this. But it is an obvious risk for sure. I've been with different platforms actually which asks for KYC and I always comply as long as I know there's no incident on that platform wherein issues are present regarding my personal informations. Also, we do have a choice to move from one platform to another if we are not comfortable with this rule they set. I do view it more on its purpose which is to limit young players to gamble and also with money laundering tendencies. We cannot be asking casinos to avoid this because they have their own reasons why in the first place. I get the point that we shouldn't be giving it easily however, what's our choice if you happened to not be aware of it and you are already needing to withdraw your winnings.

Samlucky O

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Usually most casino sites require kyc before Usage, and there is no short cut to it. When you seriously need to use such casino for gambling, you have no choice than to use it expecially when it's a well recognised casino platform. Almost all the casino I know usually ask of 1 or two documents that proves the real identity of the owner of that account incase there is money issue. And mean while there is a need for kyc in casino incase if you win and they refused to pay you, you have the right to do whatever that pleases you because they have your real identity information and they can deny you as there customer because the kyc is the bond between you and them. Though not every casino site that we should reveal our kyc document to, but just for the sake of "know your customer (kyc) that make people to submit it. But we should be careful as you said because those documents can be used for fraudulent activities.

moneystery

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and because it is important for us to be able to check the reputation of the casino we use because it is related to our personal information. we as gamblers should not easily provide our personal information to a newly built casino that does not yet have a good reputation in the gambling industry. we also need to check how their regulations are and who the teams behind them are. things like this need to be considered by gamblers because there are already many casino platforms that are scams and then sell their users' personal data on dark sites.

Findingnemo

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

If you want absolute anonymous while gambling maybe there are very few options available but not much so either you have to trust the reputable casino and hope they will take care of KYC documents with utmost importance as money or no KYC which can be legit with less availability of games and even the have right to ask KYC later if the want so don't miss out the terms completely.

Casinos are forced to have mandatory KYC by the government so you need to understand its something that's inevitable so if you want to be a part of online casinos then you have to be very picky with who you want to share details.

Stepstowealth

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

One reason why gamblers jump from one casino to another is because of the bonuses and rewards that they see have been promised there. Because these gamblers are easily affected by greed, they loose every reasoning and forget that having your details in many casino's at once is a problem with a consequence waiting to happen.
Bonuses and rewards should not be a reason to leave a casino you gamble with, the only reasons reasonable enough as why you stop gambling in a casino is if you start reading bad reports concerning them, and if this reports start becoming more regular.

crwth

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I know that it's quite uncomfortable to give out your information for the sake of using the product that a site you will use, in this case, the gambling site. It's important for them to have that KYC information because they are running legal sites and want to continue their business doing it. It's necessary for regulators to do that.

Then let's ask why. Why do we need to do it?

It's important to note that gambling is a way to wash money or launder money and if they don't know the person behind the account and suddenly money is pouring into it, let's say large amounts, then it's possible that it can come from illegally.

So, casinos are just protecting their business with that KYC.

Beparanf

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

These naive gamblers are those typically who file a scam accusation in the forum because veteran gamblers here already settled on the casino that they are using without the need to explore new casino that doesn’t proved their reputation.

Quote

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

This is well known in the forum especially in gambling board. Only newbie is gullible enough to try new casino that offers appetizing bonuses even though the red flag is already there.

piebeyb

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There will be no safe place on the internet, everyone will want that without KYC but almost all official casinos use KYC as a step to avoid money laundering or other abuse, actually it is also not liked by many people, it's just that everyone has to accept the situation, namely playing gambling with an official casino that has a good reputation, I also gave my KYC to a gambling site that has a good reputation, so far they are still safe, no one knows whether they will also have problems in the future, the point is it comes back to yourself. want to continue or leave.

Everyone likes to gamble because they want to gamble and are comfortable using their cellphones in online casinos, that's why they choose to gamble at online casinos, but there is something they have to accept, namely the rules set by the casino may be very complicated, namely regarding KYC, all gamblers usually you will be asked to complete KYC but if not usually the casino will not ask for it, so far my casino account is quite safe, hopefully nothing untoward happens.

lovesmayfamilis

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Here, people will have a choice: either confidentiality, which implies complete anonymity on the Internet, or gambling. Of course, a casino that tries to be as attentive as possible to customers and minimize their identification is a casino that will not exist for long. Working legally means knowing everything about the client, but people who entrust their documents can only hope for the honesty of the representatives. One may ask, why are there so many fraudulent documents that are sold on the Internet? There have been a lot of stories about the dishonesty of those who have access to such documents; we don’t even need to talk about hacking.

BABY SHOES

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There are still many people doing KYC at less popular casinos because of the big winnings that they will be willing to do anything to defend the money they win, so such people do not care about their identity.
Casinos are now implementing KYC because there is already regulatory oversight with KYC casinos can stop money laundering or other fraud therefore KYC can be needed at any time.
I still use casinos that don't KYC even though it's legal and the Tos say anytime they can ask for KYC when needed.
Basically, casinos are now centralized, of course in the future KYC will be important considering the rules from the government will be increasingly strict, it's just that now they are still given leeway not to do KYC.

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Because that's how these legal platforms operate, they want their platform safe from the eyes of the regulators it protects their business and protects their players as well and its also a way for casino to check if your account is clean and for you to defend yourself of cheating.

Quote

I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

You have to expect this when playing in a casino they want to know if you are not violating rules in their terms if you are of legal age and if what you provide in your information is truthful

Quote

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

We should not be tempted to play in a casino if they have not yet established their reputation, even if the bonuses are good we are putting our money and basic information at risks with these casinos.

Peanutswar

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People now are aware with their security due to different cases of hacking of an exchange and casino and we know some of them are asking for KYC but some of the casino doesn't seek for the KYC which is people now tend to ideal but in terms once the casino sees there's some suspicious activity with your account that's the time they will seek your KYC, most likely its included in the terms of condition which more often people don't tend to read those long text at all. Once a casino already experience anomalies they need to comply immediately with their issue and if they are regulated they must report this like other business does when there's a data breached happen.

YOSHIE

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

As far as I know, KYC and hackers are different issues, never mind that casinos are classified as illegal, important government websites can be hacked, obviously government websites have important data, of course those related to public identity and so on.

Kyc to meet the requirements for the casino in question, whether it's a casino with a good or bad reputation, hackers that I've read in most cases target the balance in the casino, most of them don't care about the identity of the player/user, they focus more on existing assets, if I'm not mistaken.

Your identity/KYC is required by the casino to meet requirements so they can detect fraudulent users and so on, hackers are another story, it's actually easy to respond to that, If you are in doubt, don't give your real identity and don't gamble or look for a casino that doesn't implement KYC, I think it's over for your negative KYC in casinos.

ajiz138

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The casino is already licensed, so compliance becomes a regulator from the government to know what comes from the casino.

As far as I know casinos have never leaked their database of user identities, so far reputable casinos are still quite compliant with their privacy, but you shouldn't be too surprised if a reputable casino can ask you for KYC at any time starting from a big win if you want to withdraw it, this is already a compliance because the casino is legal.

About the last sentence I forgot what casino was hacked to leak the data? But what I know is that it was hacked in terms of funds taken.

Solosanz

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What about centralized exchanges, bounty project and something like that? most people don't mind to submit their KYC to them and they're prone for being hacked, they complained, but they forgot if they're the one who give their KYC to random sites.

Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

That's not an accurate, if a reputable casino can be hacked, if you care with your personal information, then never ever share your KYC including to reputable casino.

Fortify

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

I see it differently, providing KYC documentation was always the norm - long before cryptocurrency arrived on the scene. There was a period of time where grey market sites were able to thrive because they had an unrelated new currency that allowed people to get, but now it's become more mainstream that is no longer accepted. Regulators will often be several years behind the trends and only start to pursue them when there is money to be made or many people start to complain about certain casinos behaving badly. To me, I just want to know that the uploaded documents are being verified and stored in the safest location, ideally just for the time period necessary to set the account up.

Sunderland

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Actually, many casinos use the services of 3rd party KYC service but their users will never know about it, and some casinos will definitely deny it because they knew that most of people tend to feel safer if the KYC verification is not carried out by 3rd party.
So the leak could have happened not only from the casino, and because of that I dont agree and it doesnt seem fair with several statements above that suggest not to playing at new casinos because of this KYC matter.

Coin_trader

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

For AML policy compliance since casino is now regulated compared before during the early days of crypto. This makes casino protected for possible violations against the law in case a money launderer use their service while the government track it down.

You can use an example mixer. They are being seize by the government since they unintentionally allow money launderer to mix money without any way to counter it for anonymity purposes. This will happened to the casino if they will not follow AMlL policy.

You can consider casino now as regulated exchange which ask KYC.

maydna

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A wise gambler will do KYC in the reputable casino because they wants to gambler with more money. Casino will check their account and asks their members to do KYC so they can use more money to playing gambling. Their members can also withdraw a big money when they wins much money. That is why we must search a reputable casino to avoids any problems that can happens to us and when we do KYC in a reputable casino, we can calm down and will not worry with the bad things. The reputable casino will always take care their members and will share their identity to others party because that is a private information from their members.

Hatchy

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

As a gambler who doesn't want to put his personal information at risk, you should avoid playing on new casinos. It's advisible to play at only reputable casinos that are well know and also have a working customer response service. New casinos most times may not yet be fully authorized or have enough security to keep your data closed just like they are are supposed to do when you share your personal data for verification on their platforms. They we know that even at that, if the government were to ask for any users data, they won't hesitate to give it out in other to avoid giving their service a red flag by the authorities. Some of these new casinos can be assessed by random hackers especially when they have very low security system. So to avoid any issues of being a victim, let us use only reputable casinos that are known.

o48o

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

Since crypto casinos that want to serve citizens from certain regions became legally obligated to ask that. And laws on cryptos have only gotten tighter since.

Mind i ask you a counter question? What's the alternative here? And is your only problem with this the fact that someone could steam your scanned passport or if that gets stolen?

Because if that's the case, you might want to hold on for a while and wait for new kinds of digital id confirmation systems, because those are coming for sure. Casinos will adapt them as soon as they can because no one wants this kind of responsibility to hold documents and just costs of casinos to check them out and handle the files correctly is money that could be saved.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Perhaps they are mandated when they apply for a gambling license that they should ask KYC for a certain threshold. But the thing is that some casinos, not all of them are using this to somewhat used as a excuse to not give the winnings of some gamblers.

They they to hide from it to that point that even if you presented them with your legitimate personal info like passport, they are not going to accept it.

As far as hacking though, not sure what casinos are you referring, but it seems by today's standard, casinos are hard to break unlike before. They could be one of those that really secured their websites and their wallets to prevent such breach.

acroman08

legendary

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Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

because crypto casinos want to operate legally and in order for them to do that they need a license and in order for them to keep their license they need to follow the gambling regulations of the country where they got their license. As much as I(or we) don't like KYC I can't do much about it since crypto casinos want to operate legally. right now there are still crypto casinos that do not ask for KYC upon registration and when withdrawal which is great but keep in mind that they still can ask for KYC whenever they want.

bangjoe

hero member

Activity: 1400

Merit: 674

I really don't want the casino that I use today to experience hacking to leak their customer data because that is the most important part of every member who registers there, why do I do KYC because I really want to continue playing, withdrawing and taking money if I occasionally get a win, as simple as that.

If we look further, there are certainly casinos that have a good reputation for being hacked but we also see that it is more vulnerable to hackers whether casinos that are regulated or illegal, from here I can also conclude which is the best and which one I will take for the place where I gamble even though I have to do KYC, but at least they have guarantees for the security of their customer data.

Mrbluntzy

member

Activity: 392

Merit: 71

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guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

Topic: Y hs giving out our private information become a normal thing in the name of KYC (Read 332 times)