Bitcoin Forum

(SINCE THE TOPIC HAS BEEN ACTIVE HERE ON BITCOINTALK FOR QUITE SOME TIME NOW, I DECIDED TO CREATE AN INFOGRAPHIC ABOUT IT. AND NOW IN THIS UPDATED POST, YOU WILL SEE I ALREADY ATTACHED BELOW THE INFOGRAPHIC FOR EVERYONE'S EASY READING)

“Know your customer,” “know your client,” or simply KYC is a procedure carried out by a business to verify the identity of its potential and existing customers. This is done to avoid putting the business at risk of being used by fraudulent individuals for illegal activities like money-laundering.

Additionally, the procedure is one way of protecting the interest of the customers, usually in case of loss of account or fund forfeiture.
In the online betting industry, all the reputable casinos you know do the KYC in compliance with the gaming-related laws within the jurisdictions they target. They are required to get their players’ personal information like name, age, address, and sometimes banking details. They even ask the players to present copies of their valid IDs just to ensure there will be no fraud.

While some cryptocurrency players find KYC beneficial and well-intentioned, others see it as a menace to online betting. Here's an infographic summarizing why:

SOURCE WITH FULL ARTICLE: 4 Reasons Crypto Players Skip Casinos with KYC (https://www.bestbitcoinslots.com/news/4-reasons-crypto-players-skip-casinos-with-kyc/)
https://www.bestbitcoinslots.com/wp-content/uploads/2019/04/reasons-crypto-players-skip-kyc-casinos-jpg-103kb.jpg (https://www.bestbitcoinslots.com/news/4-reasons-crypto-players-skip-casinos-with-kyc/)

I hope you find this post friendly. Feel free to comment below your thoughts on KYC procedures in crypto-accepting casinos.

Those Four Reasons why gamblers don't really mind KYC and would skip gambling sites that do have one, And in my opinion and In my opinion it is just a bother and hassle for some because Cryptocurrency is really anonymous certain people tend to be that way and don't want to bother giving their information to play on online casino's And even though there are online casino' that requires it for their own security, Gamblers would surely want their own security as well, And giving it to a site would make a gambler uneasy and would sure exploit their information to the public and how much gains they make or how much loss they acquired I really think this is the things they tend to take care off.

Lets me quote the 4 reasons in this thread:

Further details of each reasons can be read on the added link by OP.

I myself one of those who against KYC procedure for betting purpose in this bitcoin/crypto gambling industry. I have to say that 4 above reasons are enough to represent my situation but the main important reason why I choose to gamble with crypto is about its anonymity. In case all crypto gambling sites requires KYC in the future, I think I will stop gambling as there is no reason for me to continue as I gamble for fun only so I do not want to reveal my identity in online gambling.

Country restriction is the number one reason why some online gamblers avoid gambling sites which require KYC. To add, not just that gambling online is not allowed to some countries, a number of people who uses crypto or who are into gambling might be minors.

I know a lot of people in our country who is still young and minor and earning cryptocurrency and some are even earning thru gambling.

KYC is not really good for some people, it may because they are underage or to avoid any requirements to be a gambler. It could be also because some of KYC proccess is not easy as it seems. Some of the proccess takes too long time, and people don't have enough patience to wait for approvement. In my opinion, KYC proccess is not that necessary for gambler because most of gambler must be feeling safer to be unknown.

I respect the sentiments of those gamblers that don’t want to deal with KYC so they are just simply avoiding to engaged in such
We are here for anonymity and we are gambling to have fun and to gain so why need to reveal yourself when you were only want to play?
Though there are some gambling sites that will let you just play without any requirement if you are playing with small amount butif you win higher than the problem will starts to occur

kyc is good to me and I don't really know why we want to hide our identity.  As a gambler it is very important we reveal our identity because it is very possible to make huge amounts of money and if it an evil person that win through anonymous the fund can be channel for evils things that will be a harm to all of us.

Agree dude. I will also stop gambling if all gambling sites must to use KYC, a standard reason I want to play clean without anyone knowing who I'm. Gambling is not a job that must disclose our information in detail, imagine that if anyone recognizes me as a gambler cause KYC is seen publicly by hackers so sad well in my country it is not a pride.

We all understand that KYC is needed to protect a company for future scammers and fraud doers but what pisses the players is that some casinos demand KYC nd later on become the one they are refering to on why they needed KYC. People needs protection and anonimity to thats why they choose crypto as a medium on gambling.

good for you that you love kyc but for some they hate kyc because of many reasons  but you got a point , why hide your identity if you are a clean person ?  only shady person likes to hide his identity because he is afraid to be traced . 

while some users do also have a point that crypto is anonymous and if we use kyc with it , the main feature of crypto which was being anonymous will also be trashed  . to avoid further discsusion , much better if a person will ignore kyc sites if he dont like it  . thats solves their problem  .

I am not a registered user to any of the casinos where KYC is mandatory. There are multiple issues with KYC. First of all, in my country online gambling is banned (although it is very rarely implemented). Also, Bitcoin and other crypto-currencies are banned in my country. So there is a chance that the government agencies can track me down, in case I upload my KYC documents. Another risk is that my KYC documents might be stolen from these websites or they may be sold by the promoters.

That’s true, gambling casinos will also depend on how much money you’ve won and how much money you’ll withdraw. KYC might be uncomfortable to some gambler but its purpose is purely for the security (hopefully), so if there’s a need to submit it better to do it or try not to win big money.

That's right, I think we need to go back again about our main goal of using online gambling is to get freedom and because we keep anonymous. That's the only reason for me about online gambling, if gambling involves KYC, then of course many customers will retire early from gambling and if that happens, this industry will not grow as it is now. Regarding country restrictions in point 4, I think that has happened without having to involve KYC, I personally have found crypto gambling blocking IP for my country which in the end I have to leave their site and are very regretful they are a reputable and trusted site in the crypto gambling industry.

and there's the issue of trust.

I cannot trust gambling sites with my personal information which if not safely kept can be stolen and used in identity theft.

I miss the days when I can gamble without registration and KYC. You just need the seed and your good to gamble. Totally anonymous.

There are several crypto gambling casinos which don't require KYC and they will always exist since many owners echo similar views that KYC is basically a menace and we should freely gamble without any of that bullshit.

The problem is that many people don't care too much about their privacy which is why they go through with these KYC procedures without caring too much about future implications. Its just a matter of preference at the end of the day.

The better answer would be there are much more better casinos if you are willing to provide your identity. Especially in the sports and event bettings.
The odds in crypto based sites are much lower than the traditional gambling site. I feel slots are visual (cards and others) games too are better on traditional casinos or the live streaming casinos.

Simply because they don't want to reveal their identity, they don't want to reveal that they up to gambling online. Based on my experience, I prefer to gamble online rather in a real one because I don't want to be found out besides playing online make more anonymous or to play with ease. Playing on gambling with KYC is more like you presenting yourself that you are proudly a gambler which is out of our choices. But this is just my opinion maybe others have their own resons.

Gambling in the past use to be an illicit habit. I'm also thinking that in that same past, there could have been restrictions, keeping people away from gambling. Therefore, it is understandable if gamblers try to avoid KYC enabled casino because it reveals their identity. Again to say the least is that crypto business is suppose to be KYC free and this is more, the reason for such avoidance.

I think crypto players skip casino with KYC because they only visited the gambling site just to play and to earn profit, some players skip KYC because it is just a waste of time for them. I am also playing in crypto casino (https://vegascasino.io/casino/video-slots/durian-dynamite?utm_source=ccdd) because i love playing poker and baccarat, and honestly i also skip KYC only for untrusted gambling sites because i don't want to reveal my information in sites and some times my only intention is to play. It is really difficult to share your identity nowadays because other people could use your information to other people that will makes you a criminal, that is why it will be better if you just keep yourself invisible to untrusted sites.

Definitely if the anonymity exploit at the public of each gambler possible to stop playing gambling because the reason why is didnt like to,expose their identity in the public being gambler especially for those people want to play for just fun not totally for the money.

Why would i reveal my real identity just because of gambling? Even any exchange with KYC to me is un-go area just to talk about gambling. The reasons why cryptocurrency came into existence is for the purpose of anonymity while gambling or transacting so, with KYC then we can say the purpose has been defeated. Well, am not ready to lease out my real identity to the world, until, let keep KYC as "KIV"  :D

In my opinion, these 4 reasons are enough for me not to join gambling sites that require KYC. There has been report that  in the past personal info has been exploited, so i believe it has been the main concern for many people.

Sometimes all sites do not guarantee security if it is really necessary to do KYC, it is very risky with personal data leaking there dealing with security or whatever, basically crypto is created with anonymity and they must follow such concepts and if indeed they also have the feeling afraid that the security they make must be very good, I do not like KYC because interacting like this is already comfortable and the most contrasting is the restriction of the state there are so many people who want to play with freedom.

Well yes, KYC will definitely break the rules of anonymity I'll only going to provide that inside the casino house if  I do win big amount where I can be ready to compromise my identity, but maybe that will take a long time to process as I don't play much and not really engaging to this activity.

I try to skip KYC with any services in BTC for the main reason that I do not want my information stolen and sold. I've only ever completed KYC for a few exchanges so I'm able to sell my coins for fiat currency when necessary, and I would never ever complete KYC for any other smaller service like a casino. It's already known that KYC documents are being sold in some parts of the web as well, and the risk outweighs the reward of being able to gamble online for me.

Some sites also use KYC as a way to prevent those who win large amounts of crypto from withdrawing, which is very scummy IMO.

All of those reasons are indeed true that why most crypto gamblers do really like to play here rather than on traditional fiat casinos due to that KYC thing. Too much hassle and exploiting your informations wont really be that appealing to anyone.Those thing been said about protection and verification to avoid fraud been said by those operators who do ask kyc is considerable but for most people, giving out those precious info
would really be hard even just telling your own name.

There are lots of reasons behind users avoiding crypto casino that asks for KYC form fill up. First of all, users play on crypto casinos due to the fact that they can remain anonymous and it actually is less hassle from playing in a real life casino. Now if users will have to fill in their KYC forum and submit their information, they no longer remain anonymous. Again, that is a lot of hassle! It becomes the same as playing in a traditional casino. So for this reason, they try to avoid casinos that ask for KYC.

The amount of casinos where you could play without kyc outnumber the ones where it is required so most wont bother and pick one without for a occasional bet. For me i wont use those casinos because i dont like the idea my id is out into the wild when the casino get hacked or sold.

Its all the anonymity we loss and it turns out that from time to time it will be no more anonymous in crypto. 
KYC is a way the casino owners will stop scammers and some illegalities but it could also be an instances that they'll be using our personal records for their bad intentions. That's we worried about.

We really don't know what's happening behind the curtain. If you are a gambler, more than likely you want to be anonymous in your online gambling activities. But to follow some legalities, those gambling casinos require KYC stuff. So it is up to the gambler if he will comply or not. And just enjoy those sites that don't require KYC from their customers.

It's the difference crypto makes when it comes to anonymity that makes a lot of gamblers opt to use it. No personal information, just them  and their unique wallets. Take that away and these people will lose the reason they chose crypto casinos in the first place. For reputable sites, gamblers will be more at ease submitting kyc's but that makes little difference from regular online gambling already.

Yes everyone needs privacy especially in gambling type of field they feel secure when the KYC is not been there so I think OK it is not the problem from the side of people it definitely need to be cleared to manage everything carefully to the convenience of the investors in gambling.

Mostly KYC is like torturing thing for The Gambler to make their investment peacefully that is the most important things that everyone regretting and jumping into other type of field and it is mostly because of their privacy will be reduced while using this.

Yes the relapse of restriction after included the KYC into gambling cashino that is the most important reason for lots of people getting out from this and make the other way.

I'd really like to hear some valid reasons for KYC in crypto, especially in casinos. My attitude has always been as libertarian as possible, meaning that it's my money is my private matter. For that reason I will strongly oppose any law that tells me how to use my money. When you take your cash to a real casino, a store with alcohol or tobacco, buty painkillers, paid porn subscription, whatever, nobody asks for your identity. The same attitude should dominate in crypto, no matter if it's an online store, a service like VPN, or a casino.

the most important thing is after the KYC implementation there will be lots of restriction available for the Gamblers to gamble with their free mind this is the problem for WhatsApp tablets to get changing their sides and I think it will definitely needed to be changed with little regulations

How i wish they will take that KYC away but i guess it is not suitable to most gamblers since they couldn't gain some privacy that they wanted. And when we do talk about of gambling site there is a bigger chance that most gamblers are not in the legal age to gamble. That's why they hated to participate in KYC verification. Even if they were in their legal age most of them like to have their anonymity and privacy with them.

It is really exasperating and I keep wondering why a site would come up with such inconveniencing policy for gamblers. I don’t joke with my privacy and I cannot compromise it for any reason. I have the feelings that if anyone would be bent on having KYC then it shouldn’t be a gambling site, knowing how well gamblers always like to keep it private.

This KYC requirement has affected my gambling investment with a lot of casino sites because I just back out immediately I see the demand and I feel that is really wrong on the gambling operators side. I hope something is done about this.

I think gambling got a negative stigma in society so it's better to hide the identity when you gamble, and some are from the country that restricted gambling, but what I most fear is the identity theft, once the kyc data leaked nobody knows what could happen with your identity, I think crypto should be free from all kyc, anonymity is the highlight of crypto and casino should able to respect that

I didn't open the article but #1 and #2 were really the first thing that came to my mind. People usually give up information to exchanges that convert to fiat since those have government permits and they don't have much choice anyway if they want to cash out. With online casinos they can afford to be fussy.

For me, it's the hassle I really don't like to take so much time in making an account and at the same time submitting KYC because i'm not a highroller who's betting thousands per bet that's why I prefer to go for gambling sites without KYC. Also after reading several threads on different gambling experiences I don't want to go through the same problems of people who struggled to receive their money just because of KYC.

KYC? Yes or no? Of course, I choose No ;D

I don't want to choose a gambling site which is use KYC. That is why so far, I try to stay with on the gambling site which doesn't need KYC. Besides that, I wonder why they need to collect our personal identification, and they don't allow us to withdraw the money if we don't submit KYC. I don't like to fill KYC, and it's not just in the gambling site, but it's including ICO, IEO project except exchanges because I used the exchange to make money and I don't mind to fill KYC. But I only choose the recommended exchange to submit KYC.

Yes it is true those first three reason is why I hate and skip those casino with KYC.
I am already in legal age and I like crypto because of it's anonymity I want to gamble or earn as an anonymous.
And it is not new to us that there are some identity seller in the black market or in Deep web.
And it is just hassle to send out your I.D or personal info besides there are tons of gambling site that doesn't need KYC why would we bother doing it ?

Even a lot of these casinos that claim to not do KYC might make you do one if you deposit a large amount or win a large amount.  Thats why its important to only play with a small amount a time and never send your whole stack to one casino.

In my own personal point of view, the reason why crypto players skip casinos with KYC. First, there are some countries who declared online gambling sites are illegal that makes them don't show their identities. Second, some players see KYC as a waste of time because it takes a lot of time filling up the form. Lastly, some players don't want to share their information and identities because they are afraid that their information could be use for illegal activities like fraud and scams. Actually the crypto casino (https://vegascasino.io/casino/video-slots/durian-dynamite?utm_source=ccdd) that i am playing is safe and secured site which you can really play conveniently and safely. The crypto casino that i have been playing also offers a lot of bonuses and a lot of casino games like poker, baccarat, blackjack, roulette, and video slots. Anyways, I am also one of the players who skip Casinos with KYC because i am also afraid for giving my identity because of scams and fraud.

Being a recreational gambler, I am not in favor of undergoing the KYC process. Gambling is not illegal in my country, but I am not very comfortable with providing complete strangers (and that too guys associated with the gambling industry) with my ID documents. No matter how much bonus they are ready to provide, I'll just skip them.

I don't think it is a bad thing that we should have kyc in gambling.  It is a business and it is good we know those that are playing gambling in other to be able to have good control on the activities of online gambling.  However for those that deals with blockchain I think there might not be need for kyc.

If casinos gave a voting option whether we as gamblers would like to verify ourselves via KYC then I would vote no for it, the only circumstances I would submit my documents for KYC is if I have won a huge amount then it’s worth the hassle. The whole point of playing with bitcoins is to remain anonymous, and if we submit our documents then we reveal our identity to the casino and to the law makers. You’re right many gamblers will turn down the bonus, and give the casino a miss if they’re subject to KYC regulations.

There's no point of KYC in gambling actually. People doesn't need to give their identity information in order to gamble wether it's online or offline. Gambling is protected enough to keep them being abused by players; I think transparency in gambling instutions should be the focus more on.

Absolutely true. I have also trust issues especially with the kyc required by the gambling sites. We are talking about our personal informations here and I do not want to give such informations with some unsure websites whether it was an old gambling sites or not. The fact that we are sharing our identity with others is a complicated thing and very controversial issue for me.

Maybe you should speak for yourself and not generalize your own persona opinion. There might be people who really don’t care about confidentiality, they just want to play their games safely, win and go out of the site as quick as possible.

I just prefer to be safe gambling on a site, regardless of the KYC requirement. If a site has proven to be reliable and KYC requirement is the only challenge, then I see no challenge in such site because of that, but for those who like their private life being respected, am sure they would not gamble in such sites or probably look for a decentralize game.

If you are not used doing such things then find other options where gambling site who didn't ask for anything is also available online, you have
to protect your identity and and always enjoyed the same games that you are playing with other site that ask for KYC verification.

I am one of those players who doesnt want casino with KYC. Why would i spend time on a casino that needs KYC if there are some casino that doesnt requires KYC. For security purposes? As long as the website is know or running for years for me they are safe.

In an ideal crypto world, KYC wouldn't be required. Once you begin to use centralized platforms you become vulnerable to risks & regulations associated with centralized cryptocurrency platforms.

Gamblers wouldn't exert an effort to submit KYC just to play. They will surely look for sites which don't require it. Most gamblers don't want to expose their identity because they find it risky. I guess submitting KYC for betting sites doesn't necessarily needed and it will only be destruction to costumers.

In case you manages to hit the jackpot, then anyway you need to go for the KYC process. While filing your tax returns, you need to give details of your winnings. I wouldn't be having a problem with that. But then, if you ask me to submit my KYC documents for withdrawing $10 from the online casino, then I will just refuse it plain and simple.

I completely understand the problems on KYC but if the site is legit and earn long term names in the crypto community you may take KYC verifications on such gambling sites. There are hundreds of scam gambling site and crypto sites are there.
Please recheck the gambling sites mulltiple before send the bitcoin or alts as well.

It depends on the gambling site that you are playing and it also depends on the jackpot amount that youd won . its okay to do kyc as long as the site is legit and as long as you badly need the money . i think you wont mind the amount that you won whether it is big or small  but if a site is shady and the amount that you won looks promising  . i guess its not worth it to risk your personal infos just comply for a kyc

For people who are from countries where gambling is prohibited, keeping their anonymity is essential. I am not saying that they are doing the right thing but, this is the reason why most people avoid casinos where KYC is required. Moreover, our identity and related information are never safe with entities such as online casinos and ICOs. For me, avoiding them is the best way to keep myself away from different problems like this.

I do not choose the required casino platforms for KYC. This makes me think that my identity is not kept safe and I worry that my information may be sold somewhere. Why do I need to complete KYC, I can experience your foundation and do not need to perform KYC, why not? I appreciate and always choose platforms that do not require users to complete KYC as a mandatory requirement.

I think the option number two is the main problem with KYC and this is the reason why people skip crypto casinos with KYC. People do not want their information to be shared and this is the reason they opt for crypto casinos but what is the use of crypto casinos if they are ask to verify their identities so yeah, it sound a bit awkward due to which people prefer to skip.

Most of the gamblers in here doesn't want to play in the gambling site with KYC because we don't want to use the private document for the verification process. We want to be a person who can play gambling without completing the verification besides that, we use crypto for gambling, and we don't want other people know what we did.

The feature of anonymity is one that made people jump at online casinos (especially based on the blockchain).
If casinos implement KYC then there is no difference than playing in a traditional casino.
Personally, I avoid betting in casinos with KYC because I want to keep my anonymity and also I am scared of giving them to casinos where I don't have any identity of the owners and I don't know how they are going to use my identity.

True, one of the reasons why we use crypto currency as a gambling tool is because of its anonymity feature. Moreover, if every gambling site will apply KYC as the main requirement, maybe I will stop gambling wholly!

People don't trust the online gambling sites for their sensitive personal information.

People chooses crypto online gambling sites over the fiat online betting sites for simple registration so if any sites ask to complete verification then people will simply ignore it.

Correct!
Beside of that, sometimes identity verification is taking really much time just to get approved. It doesn't only happen in gambling sites, but many project sites especially cryptocurrency exchanges. Imagine, someone is going to have fun and relieve their stress by playing gambling, and then he visit a gambling site that ask him to verify their identity before able to play. Then, the verification is not approved and that made him more stressful.

Most of the gamblers prefer to be anonymous without knowing their identity being revealed. This is mostly concerned for the security purpose, there are incidents on which the users were tracked with their identity and demanded funds. Even there are murders taken place in such a way of back tracking. To be safe it is good to skip such casinos for above mentioned reason.

Personally, i don't trust anything about online with KYC because that could lead to information exploitation and could make information available to the government especially my country are against gambling. Will never give my real identity for any reason while gamble in online games casinos. Any Casino with KYC is out of my list no matter how awesome their platform looks or how many rains they drop on the gamblers. Cann't afford to release my information.

I think people prefer cryptocurrency to stay anonymous and so what they want to do. KYC know your costumer defies this rule and you have to go through confirmation which means you would no more stay under the mask but your identity will be saved. This is the reason people prefer to refrain using sites with KYC in their terms and condition. Same goes with me.

Unfortunately most crypto gambling houses are not asking you to clear KYC when you begin with them but when you are about to withdraw big money from them then you might be asking to clear KYC/AML. So, your current list itself may have some KYC asking houses. Check with this forum for other gamblers' experience on KYC while withdrawing big amounts.

Because cryptocurrency is decentralized then also gambling site should not implement KYC/AML. Gamblers avoided on this gambling site that having KYC because they much prefer with being anonymous. The majority of gamblers want is that they don't expose their private documents and exposure to others and probably there's a lot of significant reason to keep hiding in the gambling industry.

I think the reasons they have gave doesn't only apply to crypto gambling sites since even users of exchanges and wallets services always gave out that reason when they don't want to provide it. With that being said I really don't like the idea why they still continue to think that being anonymous is still an option for us now that majority of the governments has been made fully aware of the situation thus making a anonymous industry is now entirely possible.

One thing that's noteworthy: Casinos that required KYC and went bankrupt after some time could sell the info they gathered from their players. On LinkedIn, you will see some profiles there sending messages containing intention to sell a database of info of thousands of players. The next you know, your email is now being bombarded with spam and unwanted messages from unknown senders. And what of your credit card info? Things get scarier when your financial details are now exposed.

One of the reasons why people choose crypto casinos inspite of traditional online ones is the anonymity. If a crypto casino asks for your KYC, why not just give it to the traditional one as they provide much more options.

Decentralized cryptos are meant to stay anonymous in that you want to verify the KYC details and work by knowing own details msNz it does not work. There are plenty of gambling operates without verifying KYC details.

We can go to such gambling site and start gamble with it. Check on this forum to pick trusted gambling sites.

Thank you for this mate. Everything cryptocurrency encourages anonymity and I do not see any reason why a crypto gambling site should ask for KYC. I will not play on such site and if there are no other site I can play with fiat, at least I know it’s not crypto. But as long as I am playing with crypto I would prefer to remain anonymous and the good thing is that there are so many sites that do not ask for KYC details.

Every gambler wants to feel secured while playing and I am very sure it’s one of the reasons many chose online casino to fiat, and a site introducing KYC requirement is really not right. How will I feel secured gambling, knowing well that all my private information’s are with the site operator

There are tons of alternative casino to go that don't ask for KYC so why bother going into that hassle of sending documents, unless you have a lot of funds in that casino and suddenly they declare they need to ask for papers then you would be force to send some. But probably after that you'd withdraw everything to move to another casino that doesn't ask KYC.

There is no problem for most of the player to submit KYC since they are not doing anything illegal but they are not going to trust some online site with their personal information so they will go for sites without KYC since there are many sites available for us.

Knowing the important of KYC and also knowing how important my personal information worth, i wouldn't take any chances to reveal my real identity all in the name of Gambling or to claim coins in an exchange. The worth of my information superseded what anyone would afford to offer to me. I skip gambling and exchange platforms with KYC.   

personally I have no problems with KYC , but surprised that nobody mentioned that KYC sites are usually the ones that limit winners

in sportsbetting so far I joined two sites that have KYC and both of these sites limited me in short time
but bookies that have no KYC won't bother limiting you , cause simply you can just create a new account and start again

that doesn't mean that all sites with KYC will do that but the majority do , asian brokers usually have KYC but they won't limit you even if you win hundreds of thousands

Why don't you summarize your article(if you were the writer of it) in your thread? It's better for users to see it on the thread before opening the link. Since, there were many malicious files/links in this forum. Anyway, the article is real, these are also my reasons why I don't want KYC in Casinos. But, it is needed whenever you got a big prize.

Of course you cannot trust someone with your information by going through a KYC. Did not you see how Binance got hacked? It is nothing but access to these information that can make you prone to a hack. I think that KYC is the reason why many people prefer not to go for crypto gambling or look for alternate ways. To be honest, I will never trust any site with my information.

Indeed. So basically, the point is that people want to keep their identities to themselves and in my point of view I don't like KYC and for some reason it good to have. In the field of gambling, I don't think KYC would be necessary because folks are just here to play and to have fun besides in some countries gambling is prohibited and they don't want to be divulged. Probably in the field of trading and investment, it would suite because it is all about big funds and big transaction so I think KYC will be more appropriate in that field. Maybe there is some bitcoin casino who is not worthy but thanks for this forum we could able to determine which is reliable or not, for example, I have been in this crypto casino (https://vegascasino.io/casino/video-slots/durian-dynamite?utm_source=ccdd) and it is really legit and interesting, have spectacular features and even captivating bonuses. It sure does have live casino gameplay and variety of games so there's nothing to worry about.

The reasons why the players don't want KYC because maybe they did not want to know other people their Identity because for me as a player also I don't want a gambling site who are implementing KYC so Im still playing to the gambling site who don't need KYC to secure my personal information or for my security. We know we can trust anyone in the online world so I think better for us to not submit KYC unless it's really needed.

I am completely against gambling on a casino site that request for KYC and I run as much as I can from such sites and my reason is mainly because if I like to keep my information private, if its called a gambling site then secrecy is vital.

But I don’t want to believe any site would sell out the information’s of their players except they are no longer in operation.  And the sites that can easily carry out this type of act are sites that are not licensed or most of this new casino sites that can appear today and the next thing they have disappeared. You have a great point though and it’s important we have that at the back of our hearts that is for those who ever considered gambling on a KYC demanding site.

Giving away KYC to any crypto related site can be a future threat to you in the future if the price of bitcoins keeps increase in the next many years, then a leak KYC register from a crypto related site be a problem for the people on that KYC list.

It would differ on each bookies yet terms would vary according on what they do like.They may or may not limit even if you do
already comply with the KYC or verification.Even i, don't really have problems with KYC as long i do know that its really needed on my
part but i do prefer on staying anonymous online but there are instances which is unavoidable.

Definitely the privacy was affected due to this changes in gambling field especially the KYC is build for making the transparency in anything so it will not suitable for some people that's why they skip this process and search for some other sites.

I don't think that only in this forum but all over the internet. It's the same thing of not wanting verification for exchanges or any kind of service. At the end it's about ideology and personal philosophy.

In my case i don't think that it is the biggest verification mechanism since they buy IDs and Passport pictures of people really cheap in some sites, especially from poor countries and they bypass the verification really easily.

I think the main reason why most people avoid crypto casinos with KYC is because crypto was created for anonymity and when we are talking about KYC that's gone. People choosed to use crypto casinos especially because they know here they don't have to worry about their identity being verified. Also most crypto casinos that ask for KYC are not even licensed so why would anyone give their identity information to a new website that doesn't even share the real identity of its owners?

You are correct most crypto casinos are not licensed so giving them our identity can lead to identity theft. That is why i am just playing with website that doesn't need KYC. Beware also on some crypto gambling site when you deposit <10 BTC it doesnt require you for KYC but once you are trying to withdraw 10 BTC+ including your winnings they will ask for KYC it means that if you are not able to provide KYC your coin is good like a donation.

We don't know if the document will be safe in their hands or not because not every gambling site can always secure from the hackers. It is our jobs to protect our document so other people cannot abuse the document for illegal activity. I think many people don't want to get a bad experience from the illegal activity and they better to stay away from that.

Fortunately, we have so many gambling websites which don't need to complete KYC so we can play gambling without worry if they abuse our document because we don't send any document to them.

That is right and no gambler would love to be part of the gambling site that asks you to go through a KYC. I think that the benefit of hiding your identity by making transactions using crypto is no longer there if you prefer to go for a gambling site with KYC. Majority of the gamblers just skip such sites and look for sites that are good to gamble at.

What is harmed by a house or gambling site if they do not apply KYC? I'm sure most crypto users will never play on gambling sites that require KYC on their site. the reason is simple, of course they want to remain safe and anonymous. and of course I will avoid that site, there are still many gambling sites after all

People are just not comfortable to show or provide the KYC details which becomes public or if leaked from the casinos it could have adverse effect and thus in order to hide it they do not want to play in casinos which have the KYC norms .

KYC is supposed to be beneficial for both the casino and the payers security, but when you send personal info accross the web, you are putting yourself at risk, not only concerning the potential "deviation" of that info between your PC and the casino server, but also if the casino has a leak or doesn't store the info in a safe manner.
traditional KYC can't be the future, internet is getting unsafer by the day and you are just exposing too much to be worth... I think services like CIVIC can in fact cover this lack

Number two is the main reason people avoid KYC.
  It can be exploited by hackers, the gambling sites or even by lawless/tyrannical governments. There should be strong law to protect id owners from such exploitation else sites with the ID won't care about keeping them safe from exploitation

Even though at that, i will never give out my real identity, just becasue i won a very huge and big price; to the detriment of my life. KYC, i will never be involve and if get involve unknowingly, i will leave whatsoever profit or rewards behind and strive for another, that will not reveal my true identity(not require KYC). My data worth more than million dollars.

Yes. Gamblers want to remain anonymous as much as they want so they will surely avoid KYC and just play on casinos that don't require KYC anymore.Security and safetiness at first before anything else even if it means huge profits from winning from those casinos.

Majority of online gamblers are they wanted of being anonymous, they don't want KYC. I don't know if why KYC also needed in the gambling site, I think that is not the necessary thing to do because gamblers are care with their identity or exploitation. I don't personally want KYC also, there is a lot of gambling sites out there that didn't have KYC so why you risk your personal identity/data just to gamble.

Do you really believe anyone would submit their KYC to these sites, it’s only a matter of time and they would realize that gamblers are not interested in this crazy regulation that is for their own good and not for the good of players.

Hackers are becoming stronger in their game and leaving personal information’s online the days is so unwise. Like you have mentioned having a civil app will not be a bad idea, at least it that can at least help them scan and confirm that their documents are okay, so that it can  meet up with the KYC demand.  I cannot play on a KYC site, and I am so happy that there are still casino sites that do not ask for it.

Gamblers would not submit KYC as it is our money that we are going to bet and it's really annoying for online casinos to ask for such and they are like shoving their costumers away from them. Personally, i have not encountered an online casinos where they ask for KYC. Is it only when you withdraw large amount before they ask for one?

 

I agree with you, most of not all are really aiming to play without compromising their real identity, they just wanted to play and enjoy without knowing them, so passing an online requirements like KYC is not much supported not unless you are a heavy gamers who really participating with online gambling who desires to play lots of hours a day and deposit and cash out huge amount of money.

Nowadays many of the countries have tightened the laws related to gambling, and as a result these online casinos are asking for KYC information from the customers. And it is not just when we are withdrawing the winnings. I have seen casinos asking for KYC even at the time of joining. If you still want to avoid the KYC, then there are a good number of sites that don't ask for the IDs, but the number seems to be constantly decreasing. Very difficult to escape the eyes of the regulatory authorities now...

I am not such a big fan of this KYC procedure but it is only fair that the crypto casinos must make the players do it.   Because of the easy to cheat these anonymous registrations.  I will try to avoid a casino that knowingly might ask for my paperwork bu since i am not hiding anything or cheating i really dont mind too much.  But i can understand why some might not want to do it.

I agree with you.If you are not hiding something then why you will avoid KYC procedure.I understand it's only for the security of the client and the casino itself.But even in my own case,i still don't want to engage in casinos that require KYC because as much as possible,i prefer to remain anonymous from other crypto players.

But what is really bad about submitting KYC? Is it not just filling of personal information? This is what i do in most exchanges when i want to carry out a transaction  and even ICOs 

That is right. Even in the US-a place where cryptocurrency had been in use for long-the crypto is highly regulated and the banks that have been crypto friendly have been charging great 23.3% interest on crypto transactions. Actually this is also due to anti money laundering and you have to be known to an authority if you are say transferring money cross-border in Bitcoin. So KYC is something the gambling sites just cannot help and get rid of.

The points made are very accurate, I don't see why any casino should be asking Bitcoin users to do a kyc when they are very sure that cryptocurrency was for the purpose of anonymity, so why try to make the players reveal themselves? It doesn't make any sense. It's best that we all avoid casinos like that, if they are not ready to offer their site without kyc then they should stop calling Bitcoin users.

And selling information is no longer a new thing these days, they can collect information from people and then decide to sell it to the dark web. Just like the one I saw someone post here, they collected info from people and then sold it to propel on the dark web. People are evil these days.

Its easy to see why they skip KYC on online casinos so if its really required to do it first before betting, I would rather be going to a traditional casino itself and play on the table. I wanna skip KYC even on exchanges because its about personal information and if its in hands of someone with bad motives, these personal info is going to destroy my life.

I agree, because some others gamblers need a privacy. So we cannot blame others if they skip kyc when they to gamble. If you dont want kyc then just go on online because theres a freedom everytime you gamble and maybe they do not care if who is the gambler.

We are here in crypto because we need privacy in everything we do for our money and that’s what gamblers hated when the site asking for KYC because in this point we are losing our privacy and exposing ourselves for being exposed and be a victim of bad elements that has luring in our crypto community

that is the most simplest explanation regarding KYC on gambling, people dont want to forecast its loses and winnings. They are gambling in crpyto because they also want to be anonymous that whatever the outcome of their bets.

Haven been through many online gambling platforms that offer KYC and then turned their offers down means that, my identity still be my privacy and should be honored as privacy than been sold for a penny. No matter how big the odds, and how profitable the platform look, aren't going to give my true identity.

Yes. It's the best reason why most of the gamblers do not comply KYC in casinos because they are totally afraid that their private information might be exploited. Although the owners of casinos are responsible enough to keep their players personal information private but it's still best to be safe and secured than to feel sorry in the latter part.

Gambling industry knows this kind of weak strategy in the marketing of gambling casino. They also have a survey on this, they found out that most likely gamblers didn't do KYC/AML. Giving your personal identity in gambling is too risky and I don't also personally want to exploit my personal data even how odd or how profitable that kind of gambling site.

All right. A lot of crypto players really don't want KYC because of those reasons already mentioned. But what do you propose now to address the issues (minors in gambling, players doing money laundering, citizens making bets online even if their law prohibits it, etc.) for which the KYC was created?

KYC ask for your information and valid ID giving this kind of information to any site is risky.
it may look like a small thing for you but it can be use in different and illegal things which might
put you in an undesirable situation.

This is true and I even feel the same way for non-gambling sites. There are times when I check out informative sites but lose interest when a sign up is required such as with shopping or media sites. I guess I'm just impatient and as someone who gets things with a simple click, I find the effort to go through a sign up time consuming or not even worth it. But IMO when it comes to sites which needs additional security thus a KYC is needed, I'd make the effort to go through the hassle of that.

Yes, I am with you guys. I don't want to give my personal identity to someone or one website which I don't really know who they are. I am too afraid of my identity can be used for anything they want, and I don't know about that. It is better to search the other gambling website which don't use KYC, and I am sure that we can find so many gambling websites which are not using KYC.

KYC Is not good to me also as a player of gambling, I don't trust anyone because what if those gambling site that I pass KYC or my Identity will turn as scam and all the information of the player uae to bad things like scamming others. Im always be acreful to what action I made or even every single information I can do all to hide my informatiom for my own security because it is risky and we all know that.

I agree, I think it’s not that they don’t want there security but giving your information most especially online will make you feel uneasy or worried, what if the site was redirected to something that isn’t legit. Also most of the people who gamble using cryptocurrency love its anonymity so I guess most of them well, including me wants to keep being anonymous while gambling. 

Most people avoid casino's with KYC just because they care about privacy and this is the important factor that cryptocurrency gambling to be more popular in short term.

For me personally, I would never do just to play gambling. Because my main goal is to play gambling not to look for profit but for pleasure. Why do you have to do Kyc is just a pleasure. Different if you are looking for profit in gambling. If you want to do it, just go ahead. That is the decision of each person.

I ignore casinos that require KYC because I want to experience a platform that does not love identity verification. I don't want my personality to revealed, and especially I don't want everything to be too complicated. Why do you have to spend a little more time with KYC and your identity reveal?

No one wish to verify themselves in this crypto field. Even i feel the same if anyone ask me to verify KYC for investment or for any kind of services. To gamble with our own fund they could ask KYC from us.
May be if they want to track the high investment they give the limit for the gamblers how the exchanges gives for KYC verified users. if that action has been taken then people will be enjoy in all the gambling sites.

It's true. If the casino turns into scam later they can use your informations against you. It can be used for extortion and blackmail purposes, what can become a big issue in someone's life. Let kyc for exchanges only.
If the gambler has to pass through an exchange to buy or sell his btcs, the casino doesn't need to do the same procedure.

Not only Exchangers do really need some law implementation when it comes to kyc process yet gambling sites are also required to comply with rules depending on countries jurisdiction.
No matter if its and exchange or gambling site,if its being asked then owners wont really have any choice but to follow on whats being required.Most gambling sites now doesnt ask KYC
verification but there's a thing been written on their ToS but these are only applicable on some cases only so i dont see anything for us to be worried about.

unlike bank account crypto wallet does not require KYC. Most people who own crypto do it because of anonymity , and they would like to spend it silently. So crypto casinos with KYC just not natural for their potential clients, and have disadvantage over many others casino which don't require KYC

KYC is not meant to be for gambling. KYC is for big investments or legal authority, not a person who can be anyone sitting behind the pc? Anyone here can have a casino, even people in this thread.
If someone on the forum asks for KYC why won't you give it to them but you will to a casino or unknowns running unknown companies with intentions unknown?

Even the strongest of fortresses unpetrable. Each time you give KYC you expose yourself to risk with each time increasing.

Well it is not a rocket science and I think that in the absence of KYC, they really enjoy and gamble immensely without any kind of check on the limit of gambling. So yeah, KYC limits them and do not allow them to gamble unbridled because of the identity thing that these people really care about and do not want it to be disclosed.

That's true, and I think we don't have to play in the casino with KYC because there are many casinos which don't use KYC and we can join with them. Using KYC will be too risky for every people, and that is not worth to do because we can be vulnerable and besides that, our data can be sold by them if they want to make money from the illegal things.

The main reason gamblers play on crypto gambling is to avoid KYC and here we will remain anonymous, different from other online gambling that does not use crypto. At least there we have to enter something like the bank account that we use and of course it is an identity that at least becomes our privacy to be properly guarded. Even so, there are still many of my friends playing there and I will personally avoid it because the government forbids gambling and that is what worries me.

Exactly.It's not really 100% safe if we do KYC because there are tendencies that our personal information will be exploited and the worst would be using our own identities for their own sake.So as much as possible,i do not engage in casinos that require KYC.I still prefer to be anonymous most of the time.

I don't understand why a 100% crypto only online casino would want your banking details. That doesn't sound right to me.

We all don’t want to reveal our identity and that is why we are not playing on those casinos who requires KYC. I think it should be done for a transactions like 100btc and up, i know its for the security of the gambling site but they should think that cryptogambling should remain anonymous.

I have submitted  drivers license to a casino only for them to object on a minor detail and demand I send them my birth certificate as proof further.   Eventually they just kept my money and closed down the firm, I call that exploitation.    All they really had to do was refund the money to the card that funded the account but they weren't prepared to do that.    Could be worse, it wasn't a large amount but this kind of example is more then anything why people avoid kyc operations as unreliable and anti consumer.

The industry needs to form a common policy and a way to appeal against forfeiture where its not profitable for a company to harvest customer funds and call it kyc.   If there was some independence to this review it would help add integrity and trust, probably benefiting inward custom

You are risking your money and you are risking your identity too, these are the two issues that confront gambler when they are playing on a site that asks for KYC, the site's arguments are all valid as long as they are compliant and they are in business for a long time, it's ok to do KYC, gambling sites is so much like trading sites there are parameters that they must implement to protect both parties.of course it's different from ICO investing.

When you play gambling you already risk your money and its normal with or without a kyc because there are many sites that allows direct betting/playing but for other casinos they usually require a kyc before a user can play because they are more stricter and more legal  .

Kyc on casinos and on ico are i think both the same because they do all require a valid i.d and a selfie  . doing them is not compulsory and its up to the user if he or she will do to continue or will choose to leave and look for other alternative

Yes, there is crypto players want to skip casino because of KYC, sometimes many requirements required and need to wait long time for Kyc aproval and for me if you are a gambler is better to be unknown for safety purpose.

Anonymity is the main reason for the people to avoid casinos with KYC,but it doesn't take too long for the approval.

Even though if the casinos are more reputed we cannot trust them for giving all our sensitive information.

The article has 4 reasons, but I'll name a 5th one,
Uncertainty of tax/fees.

If someone has 49% to win $1000 and 51% to lose $1000, they might consider it a fair probability to gamble.
But if they are to be taxed 20% or 30% in case they win, then that's 49% to win about $750 or 51% to lose $1000. A pretty stupid gamble to take.
Therefore, in order to make sure one won't receive a bill in their doorbell after a few months, it's natural they'd expect an anonymity.

That's a 5th reason.

This is not a rocket science and is very easy to comprehend. They do not need and want a KYC that can trace them down in few seconds and that can bring them under the accountability. It can make you pay a part of your money won in gambling as tax money to the state as well and this is something no one would love to do hence no KYC.

Well some of their reasons why they don't want kyc is that they don't want to expose their identity especially in money matter in this digital world. For me kyc is good but let's respect others opinion about it since we are not all the same. So of them skip it since there are a lot of requirements like what other said here.

Exposing your identity can also put yourself at risk, we never know who's behind the clearing team of those casino house asking for KYC, what if they also selling out your information, risk will be there not only for your money but also for your safety if you won a huge amount of money, a very reason crypto gamblers wanted to remain anonymous, though still, whatever purposes for skipping this process will be for the gamblers own opinions.

It may not be such a desired option to have to turn over your identity but if its the only option to playing at a casino, is it worth it for you
If you have nothing to hide and enjoy a certain casino that may ask for kyc, just dont break any laws and the rest will be ok
I laugh at some of the people on here who are so fearful of the kyc procedure that they think the local govs will come after them  ;D
I have done the kyc procedure with 3 BITCOIN casinos and guess what I am still alive and well

Most people really do have that kind of mentality. They thought that accomplishing the KYC procedure will be a real danger to their identity. And yes, if you are confident that you are following the necessary guidelines and being a good citizen. Then, I don't think you have something to be afraid of just by filling out kyc stuffs. But remember, only to authentic ones, because other gambling websites might just use your info for other scamming activities.

Gambling are 100 and more numbers in the marketplace.

If you want to use the gambling site you can use the available gambling where is no kyc verification things.
Then bitcoin is anonymous and the bitcoin users who love the gambling also wish the same.

Right. There are still gambling sites that don't require KYC. While others understand the KYC procedure and share their personal information, as much as possible i still want to play anonymous from other gamblers out there so i gamble only where there is no KYC requirement.

I am very sure that before you choose to gamble on a site, you take out goo research to be sure it’s a legit site and even the site operators are aware that gamblers do this and its for the safety of the gamblers which is good. Most of these gambling sites requesting for KYC are licensed sites and the casino sites also expect that you know this.

If you are then not confident enough to trust a site you choose to play games, how do you expect them to trust you as well. Because I feel the reason for the implementation of these is to eradicate fraudulent acts, and if you have a clear heart then it should mean nothing and you can as well trust your casino site to keep to their deal of secrecy.

Most people do play anonymous gambling because they do not want to just play gambling must give identity to gambling sites. I also don't want to do KYC just playing gambling and sure enough, there are still many gambling sites that players don't have to do.

Well, people will have different say about this KYC feature. But as we all know, KYC is implemented for some reason and that reason was already mentioned at the original post. Though it was clear, we cannot deny that it is viewed by some as hassle like the number 1 reason why they skip online casinos with KYC—anonimity. Though KYC is rooted from the trust issues of the website and for its security, the player is not 100% certain that his/her identity will not be revealed. Because after all, bandits are now also coping with the technology thus using it for their advantage. And besides, we considered online gambling so that we can protect our privacy. If KYC is a requirement in online gambling, then might as well we just gamble on fiat because there's no more difference. We are not anonymous at all.

Well, that's just my POV which is based from what I have read on this forum regarding KYC—they primarily want to avoid the hassle and want to keep their anonimity. I'm not pro or against KYC because I do not consider myself as a gambler. So I'll leave the decision up to those who really gamble whether they want to skip online casinos with such or just go along with it.

We can choose that gambling site which doesn't need KYC, and we can play without thinking about sending any document. Protecting our identity from any potential hacking or scamming will necessary because if it's not us, who can save our documents while it's too risky to send the document into any website. It is better to prevent something worse rather than we can get trouble in the future.

Good point! Indeed it is annoying when they tax gifts, inheritance or winnings in gambling. And in gambling, if you think of it as of an additional house edge, your chances of winning become much much smaller than that without the taxes. They would better be taxing corrupt politicians who steal millions and billions USD from people, than gamblers who win $1,000 in a year.

Only if the casino you are giving you identities is worth the try, some casinos out there are doing under the hood jobs, even worst are selling your identities. I know the I am against KYC but everyone have to be respected and hide their identities especially on the world of internet, this is a critical world.

Privacy is important and no one will fight that aspect, but what makes us think these information are not kept private with the casino site and why cant we trust that can’t trust that they will not expose it. Most of the sites we gamble on are old sites that have been existing for long and most the times we choose them because of these reason, so if we can choose this site with our Bitcoin and money, what is then mere information we dread so much to submit with them.

I think there is more to gamblers refusing to fill KYC form on casino sites aside from privacy. Moreover I think most casino site have clearly defined reasons why they need it and its mainly because of money laundering.

Individual has there different reason for avoiding casino or any other gambling site which requires know your customer process.
Some might be for
1. Security reasons: you can never tell what they do with those details you provide to them so this makes people scared.
2. Stringent process: so know your customer process are just too tasking and time wasting

3. Evil intentions: so customers with bad intentions would not want to be identified so they avoid those type of casino

People always want things to take place anonymous. When this is possible through the usage of cryptocurrencies the demand of cryptocurrency functional gambling websites keeps growing. Bitcoin is said to be pseudo anonymous when it comes to transactions which keeps the mind of common people under control.

because crypto players prefer cryptocurrency and it means privacy. KYC on the contrary reveals who you are and it's no good.

Exactly.Gamblers chose crypto gambling because its real identities are not revealed but with KYC that is happening right now,I think there is no 100% security that all our personal information will not be revealed.I understand its for the security between the gambler and the gambling sites but still i am not confident in giving my personal information to any of those staffs in casinos.

KYC is not only used for finding a real person behind the funds. If that was a case the casino stuff should ask questions about the source of funds in my opinion. GDPR regulation rules don't let the real casinos to operate without KYC and this data is shared with the authorities too. Crypto gambling sites offer us freedom and decide how to use our own money instead of thinking about the potential privacy issues.

It's not the casino who will find out the source of funds, probably the regulators and that KYC is just one of the information they need to conduct an investigation in case your name attached to something illegal like money laundering, that KYC format also is required from the regulators.

I won't give any details about the source of funds because that is my secret and that is why I don't like to fill KYC on the internet. Maybe I was too scared to give my personal identification because I hear much bad news on the internet that telling their personal information was stolen by another party. The simple example of this is the email that we use has been used for many things by them, and I cannot imagine how if that is my personal information that will be used by them.

Main reason is security and privacy. Anyone can use or sell your data over the internet.  And how will it benefit to your gambling business if you ask for your users info just to gamble. They aren't withrawing money instead they are giving your business profit. Gamblers won't bother completing kyc if there are websites where they can play without having to do kyc.

As far as anything called deposit is involved, I don’t think they are still completely out of their boundary, any registered company is obliged by law to Know its customer and they are simply just following the policy of the land without meaning any harm, I know we have some terrible people that will always take advantage of things like that for evil purpose, but not everyone, which is why we still have to ensure that any gambling site we pick interest in can be trusted.

Before I agree to drop my information with any website that request for it, I make sure I check that such site has privacy policy, ssl certificate and are able to protect my data from an authorized access.

It seems that there are still many gambling sites that are not obliged to do KYC and that makes gamblers happy to play there. I agree if the main reason is someone's Security and Privacy. I am sure, many gamblers do not want to do it just want to play gambling.

yeah many gambling sites dont require a kyc at first but they will require kyc later on if you decide to deposit or withdrew bigger amounts , that is because they want to verify the transaction or the person rather that is doing the transaction if its legit or the funds rather is legit and does not came illegal or shady acts   . there is no reason to skip kyc if you are a good and legit gambler  ,  those who will skip kyc are sucpicious or may have other valid reasons .

KYC is good if only for the legitimate institution for security measures but most of those asking KYC just want to take our personal data and use it for eligal purposes. This is the reason why most investors in cryptocurrency doesn't like KYC.

A gambler could even register for KYC without the gambling owners able to associate the sensitive information with the gambler. Promoters of KYC have failed to understand the psychology behind  rejection of the current method

 It is  surprising how KYC is being done in a modern world.  No talk about the protection of the informations from hackers. Nothing about protecting the owners or jailing those who gets hacked due to weak security

You have a point, we use cryptocurrency so we want to be anonymous because hiding Identity is for your own safety for anyone who want to steal your information. Im not giving my KYC to them unless they have big money that I need to withdraw and all of us can send because we cannot withdraw we do not but I prevent to play to the gambling site who needs to comply KYC.

But most of the gambling site when you needed to withdraw huge amount will require you to undergo with the KYC procedures, they need to comply
with their obligations under the law who's regulating their premises, no chance for being anonymous if you are a heavy gamer and you need to withdraw
big winnings from the gambling house.

People have being scammed in recent past in various cases and prefer not to give KYC to any third party or to whom who they do not know and thus they prefer to keep their privacy and not to disclose it which they can misuse it or not sure .

But for now cryptocurrency can be said to be not entirely anonymous because the application of KYC has become a major requirement for anything related money. The reason for skip KYC indeed is to remain anonymous and I will also avoid KYC at any gambling and each individual has his own point of view. Currently there are still many gambling sites without KYC and this will make every player have the freedom to choose.

Doing KYC is only for the website owner not to all of the players on that website. Besides, why would you guys have to skip KYC if you didn't do anything wrong? KYC is meant to know the customer to avoid the abuse in the future and it is one thing that the government requires to avoid any anomaly of money laundering.

Submitting a kyc just for a gambling site is really a big risk. You don't know the owner of that website and he might have intentions to sell those infos he will get on the black market. We all know there are some cybercrime going on over the internet so completing those kyc's might put our life in danger.

All these four reasons are valid, and I've read a lot of complaints about gambling site in the scam section about withdrawing and KYC , they do ask for KYC when you are withdrawing a large amount, so even if you are not into KYC but have won and will withdraw your winnings you have to undergo that procedure.

We need to be careful if we want to do KYC because of that reason. I heard that we could easily to get full details of someone information on the black market and that makes me worry to KYC verification. We don't want to be the victim for any crime on the internet or in our real life because that document will have completed information for our life.

We could do KYC if the website is really trusted and they are saving the document into safety place, and they can guarantee that no one will have access to the document but still, when we send the document via the internet, the chance to get hacked will wide openly. We don't know what will happen later with our document.

I will simply reject any gambling site which ask for KYC. There is no reason for the gambling site to collect our kyc. It will not in any way benefit the gambling site or the gamblers. Also giving kyc to every new gambling site can be dangerous as they can sell our kyc and personal information in black market.

It's better to avoid giving our details  everywhere and be selective on it.

I agree with you. Some 'gambling" sites are created for this very purpose, collecting your personal data. I took the word gambling in quotes because they are never supposed to be gambling sites actually. They boast of very attractive bonuses, low house edge etc. luring gullible gamblers to register on their site providing the KYC information.

If KYC was required for huge withdrawals, it would be understandable, but providing a new site with KYC just for registration is nonsense.

KYC really goes against the concepts of anonymity and cryptocurrency. What we see as a accusation here for demanding KYC are not really a fault of the casino. This world is not just good people. There are criminals who attempt to bounce money from one wallet to another to help in keeping their traces clean and they often use these sites to deposit, play the money a bit and then attmept to withdraw it.

These end up as a tainted source money in the house and they block the withdrawal. What we see in this forum is this user trying to blackmail the casino in giving their money back while that person was the actual tainted money depositor. These things happen in every casino and this has been explained in the TnC.

Should not be even for withdrawal, if deposited with no KYC.  I see following logic:  wanna safety and KYC - play with real money , deposit from a  bank account,   wanna anonymity first - pay with crypto, withdraw with crypto. Nobody know who you are and if you played or no.

KYC is against "nobody know who you are" and that is why those that desired hiding identity are against it. I do believe that kyc is not bad and I don't see that anonymous will help much as bad players will hide under that to commit evils and will escape because nobody know their identities.

If you provide a reputable gambling site with KYC it doesn't mean they will immediately start sending out your personal info to all the authorities in the world. Basically you remain anonymous to the rest of the world except for the site, and it's not in their interests to treat their customers badly. Requiring KYC for big withdrawals can protect the users from situations when their account was hacked and all their money stolen. If it's your account and your money, you have no reason to rush it and you can be doing it one small part at a time to avoid providing KYC. In many cases it's the thieves who want to withdraw all at ones.

If we have little funds, is it obligatory to do KYC. Of some people including me, gambling is not looking for income but for pleasure. Automatically I do not have large funds. Do I have to do the kyc as well? Because I don't want to do kyc with just a small game.

And what happens when the casino closes or goes bankrupt? It's possible for the team behind the brand to sell their player database. And trust me. I happen to have received already a message from someone on LI saying he's selling a database of player information.

Then those people will just know they become a victim of identity theft. They already have chargers for something they haven't done. Worst is they'll receive threats that put their life and even their family in danger. If it won't benefit you then I suggest not submitting kyc. Just find another website where it doesn't require kyc.

That could happen if they need money. They can sell the player database to another gambling site or another third people who want to buy the customer data. We never know what will happen later with the data, and that is why we need to protect our data and don't give to the wrong website or party. That is why I always tell my friends who want to play gambling to search the gambling website, which is not needed KYC verification because the data is too important for us.

It's possible but very unlikely. Most people are law-abiding, and I believe such actions are against the law. But of course I'm talking about team of a reputable gambling site. A new site can be created by scammers for this very purpose, collecting people's personal info, and that's another question. We should always check whether a site is a newly appeared one or a n old one, and we must read reviews if it's the latter, and avoid providing our personal info to the former.

KYC wasn’t bad at all,but the only problem is if this was being used for negative approach..some company that requires KYC has using the profile for personal benefits and this is what made the KYC system bad and being denied by many users
We must remember about our privacy that’s why we are all here now in crypto to enjoy our anonymity and private life

Identify theft is rare now if the person who is giving the KYC is cunning enough and knows that forging documents can be done in the blink of an eye using some blackhat services and/or local groups in shantytowns that deal in such dirty work.

I am sure many criminals have tried offshoring money using the gambling site as a transit wallet, maybe playing with it a bit and then withdrawing it using a fake KYC document. These things cannot be stopped easily by anything unless the casino wants to lose customers. The best they can do and what is mostly done is no-kyc for anybody.

I agree on you.KYC system is not really a negative idea because it's only there for the security measures between the gambler and the gambling site.What makes it sounds bad is we gamblers are not 100% sure if our personal identities are really kept private and are not abused by the gambling site.

I think it's understandable why people use crypto to gamble, one main reason is to enjoy with freedom of anonymity, so if there's KYC required that site would not have a good market in the space. There's a big competition here, and we have a lot of option where to gamble and I'm pretty confident that majority will patronize a site that has no KYC requirements.

I think online punters that enjoy playing at casinos that do not require KYC regulations enjoy risking their money because realistically most casino sites that do these are not fully licensed . I think online gamblers should never gamble on such site for whatever reason they think, either because they just enjoy their privacy or whatever but it is only temporal and in no time such sites would fold up leaving the players devastated.

I believe there are pretty strict codes of practice which every casino industry must adhere to before they can become licensed and one of it is the implementation of KYC. It’s better to fill KYC, play legally and at the same time sure of site protection.

There are some casinos which legitimately request KYC and people accept it. I'll ask you one good question to answer yourself: Will you show your ID to random person which meets in you street? Of course no, but will you show your ID to a person that works in Bank and needs it for you? Of course yes. That's all. There are a lot of casinos and most of them are like random persons in street and there are some ones that are like official people in banks and etc. That's the whole idea and answer of this question.

In other side, maybe gambling is something that breaking the law in some countries. That is why people move to crypto because they can play casino and don't need to reveal their identity. If me personally it will be works if that official people in bank and etc is something that not break the law. But maybe gambling is different story.

This is not even a case in real traditional casinos. If I told something like this to the casino manager 5 years ago, he would laugh to my words. Crypto casino gives us freedom but freedom has a price. For decentralized gambling sites where bets are matched against each other your opinion matters but it is naive to expect from centralised gambling sites.

Now, it will be difficult if all gambling sites will require KYC for their withdrawals. In this case, will gamblers used another person to submit KYC especially for those ages below 18. This is why gamblers choose crypto gambling but it turns a big change right now when they started to KYC for every player before they can withdraw their winning prize.

KYC is not really a problem.If its the rule so every gambler should abide in it. But the question is can they give a perfect assurance that our real identities won't be revealed even in the years to come. I doubt if they can perfectly do that so as much as possible,i still go with gambling sites that still not requiring KYC.

It is just up to users of what would they choose but think about all of the benefits of passing KYC vs no KYC and you will see the difference. No KYC means everyone can play on that site even kids can play as long as they have money to deposit but since cryptocurrency is anonymous then they can easily get access to any gambling sites they want.

It is a problem for the crypto world in general and not just crypto gambling. Why does anyone need to see what I look like and where I live when they don't consider revealing what' their team like and where they're located? They want to be safe from the governments but think it's okay to take player's data? That's hypocritical.

No player should be okay with the gambling sites asking for identities. Who knows what happens to your data? That sort of data is not needed for anything related to gambling in any case.

This is the most common issue of those players who don't want the KYC. The other end is seeing your private info but you can't see who's behind it. It all boils down to trust, I guess. And your preferences in gambling websites.. If you do not agree with their terms, don't play with them. Pretty simple, right?

Players that gambles their money through cryptocurrency are enjoying their anonymity before this KYC kicks in, but can't blame those well known crypto gambling sites though because they are just following the rules of their jurisdiction and they can't do nothing about it.

There are still gambling casinos that's operating without KYC but they will be soon targeted by authorities because we can't deny that money laundering in crypto world is widespread.

Good point! I think if governments force some casinos to require KYC, the casinos can refuse to do that justifying their actions by words similar to what you said. Indeed they would look hypocritical asking players for their personal info, like you said. Also, I think it may have something to do with with violation of human rights and freedoms. Maybe this idea should be adopted by casinos' lawyers.

It is very simple and that is because in gambling one can involve in huge money like betting or winning profit like lottery or jackpots. Though this may not applicable to all that KYC is not for the safety of every gamblers but still it has also an advantage like having a platform that will not allow underage to gamble. Yet, there are already ways to do KYC but not get compromise by having a platform thatbwill let one to be an anonymous instead when betting.

We know that crypto isn't regulated by the government so if I'm the gambler, why would I give my personal information into a gambling site which is not regulated. They can do anything into my personal info because they have it.

I think this is the reason why gamblers who are using crypto skip casinos or gambling sites with KYC.

Gambling site could be also regulated. Of course regulated site is much more safe in terms of potential fraud, but in return it may ask your KYC , depending on the law of the registration country. But I agree that better take some risk and keep anonymity, if you play with crypto

I think it is time that we simply boycott the casino which ask for kyc. The casino has no rights to get our private information. We never know they may sell this user data to any firm or marketing company etc.

Do we know who are the owners of the gambling sites ? Do they provide their KYC ?  Why they need the players to do the kyc ?  A lots of unanswered question by the casino and houses.

Right we know crypto currency is anonymous so it is not good to share about it with others as we know sharing our knowledge with anyone is not good at all. so if you are gambling with a casino you will have to share your identity with the serving organization, which is harmful for your investment, so that’s why I think it is not good to keep it in anonymity.

With mostly newbies taking part in gambling services which require KYC, I'm sure a boycott isn't possible!
Informed players go to the long standing sites that have been proven legit and won't require KYC.

It's even suspicious if a gambling site requires kyc. A real casino doesn't even require it. As long as you have the money to play, you are welcome to gamble. And I'm sure that a gambling business that needs kyc to its players won't last long.

I totally agree with this statement. No one can be certain that private data won't get hacked, considering many more hackers target crypto related things than regular businesses... I don't feel confident trusting a gambling site with private information. There are many awesome gambling sites that don't have KYC, so why would I go to one that requires it?

I think they have their reason why they require KYC to their customer, but that will not attract many gamblers to come to their site. A crypto gambler will stay away from the gambling site, which needs KYC because they use cryptocurrency, which means they can hide their identity from all things. Besides that, I think they want just to enjoy the games without anybody knows what they do so then they can having fun in the gambling games. The important thing is we have money to play, and we can stay at the gambling site to play any games, we can enjoy and having fun.

Under these circumstances, decentralized betting deal gambling platforms will cover the mentioned needs. Otherwise, after reaching defined turnover the casino administration will ask about the personal documents. The risk of losing funds will force gambler to send the documents and be a verified customer.

That's right, as long as we have the money to play, of course we will continue to play in the gambling site. However, KYC is not needed in gambling. The important thing is that we always have money, of course the gambling site will always be happy. Never play on gambling sites that require KYC

Well, the fact is the great majority of Bitcoin casinos are founded and/or maintained by an anonymous team.

Personally, I will not hand over my personal information unless I know explicitly who is using it, and for what purposes. You never know if your ID is going to end up being sold on the darknet.

Thankfully, most reputable dice sites and sportsbooks don't require KYC, since I don't believe pure crypto trading platforms are mandated to comply with KYC regulations anyway.

^ Completely right and most of that gambling platform are here in the forum having ads. I also don't want to share KYC in some online casino that related crypto because aside from the risk is also good for the gambling industry that related crypto will maintain anonymously. However, the main reason is gamblers always wanted to hide their identity because no one maybe shouted that you are a gambler most especially if it is prohibited in your religion and the family as well.

Ignorantly, in 2017 i registered myself on one of these online casino and after my winning they requested me to verified my account before withdraw which i did just to get the funds out of their platform but at the end, it became a total scam of KYC. Since that event, i check the platform before proceeding to gamble. 

It is the responsibility of the parents to advise their children not to play gambling. Gambling sites just cannot implement Kyc only to deny the under- age people access the gambling sites.
People need to remain anonymous while playing gambling and kyc is just not right thing for the gamblers.

Thanks for the quote bitinity.

But besides these reasons I know for a fact that most of these don't have a good reputable regulator, which makes no sense to pass this burden on its customers so better off running with no KYC because if there is a breach who do you run too....and as I have read different problems with KYC winning big with some of these sites attracts scrutiny from these guys which makes withdraw complicated and in some cases never cashing out.

Also, kids these days know well how to circumvent these restrictions, so they are pointless in most cases. I agree that it's the responsibility of parents (and also, maybe, teachers in schools, coaches in clubs and psychologists) to provide under-age persons with information that can prevent them from being engaged in gambling. Gambling, like sex and alcohol, is not for children, but simply forbidding it never works, so KYC will do little in that regard.

if players wanted to make a KYC they would use the traditional online casino. if they choose bitcoin casino it means they don't want to make KYC and prefer to be anonymous.

Imo it is not the issue of being an under-age why some gambling business requires kyc. It is the mindset of that individual that will make him a gambler if he would like to be. The only thing I see why some gambling business requires kyc is to collect data for some purposes. Either in a good way or bad, it depends on the motive of the owner of that business.

Perhaps today the requirement to provide passport information in some online casinos is only a struggle against gambling underage players.  In all other aspects I see no reason for such demands.  But if we are talking about minority, then in reality parents should control their children and restrict their access to the Internet to resources for which access to minors is prohibited.  It turns out that due to minors, the rights of adults who want to remain anonymous are violated.

Been the case I guess, it's should be the parents obligation to protect the kids online, having good restrictions will not allow then to easily access the online gambling house, but  most of the time it's just an excuse since site can work without this procedures same with existing site that already providing services without KYC.

Giving your documents and details to multiple businesses that are located in different places of a world is always a concern specially when their is cryptocurrencies involved. Personal threat to bitcoin traders or holders is not a new story and those personal details might be used to identify a person who could have substantially huge crypto-holding.

Another risk could be use of those documents by staff of one business to verify themselves on another place to do some shady activities.

Age restriction could be one but most of the time its for AML (anti money laundering) as casinos are known as favorite place for criminals to clean their money and same goes to online gambling.

Have you already verify the KYC? If you didn't, you can't call that a scam site, except you have verified the KYC but the site still pending your withdrawal more than 48 hours, that's a scam site.

The hell is traditional online casino?

I think that all gamblers who use cryptocurrency want to be anonymous.  And in general, what's the point of providing personal data online casinos?  In addition, I want to note that if conditions have already appeared in the requirement of passport data from a gambler, then you need to declare this at the very beginning, when the player has just appeared on the resource.

Parents can't really protect their children on the internet.

It is the internet, even if a site has a KYC, there are more sites that has no KYC. They may restrict a site but there will be a lot more. That will be hard that is why parents should just raise their children well that they will not be addicted nor addicted to gambling.

kyc is not only required on some gambling sites but kyc can also be found on almost all of the sites online such as exchanges  , wallets , social media sites , etc ...

im a crypto player ( gambler and trader ) but im no way to skip a kyc because i know that im using a safe website so i know that my personal details are safe  .

There are gamblers that skeptical on that gambling site that has the implementation of KYC/AML because, for them, gambling is not the right way to expose your real identity to the public or on the internet. There's no problem for me if I undergo in passing personal data as long as the site is trusted and reputed enough and they are operated at least 1 year old.

Different gamblers have each different perspective way on adopting KYC because they want lurking around and remain of being anonymous since cryptocurrency is also anonymous.

Like me, I prefer a gambling site that does not have a KYC requirement, but like you, I could also comply if it's necessary and I don't have any choice as no way I would stop gambling just because they are already requiring KYC. I mean, as a gambler, gambling is already part of our life and it's really fun, so why hinder myself of having fun when it's possible to pass on KYC.

Right, children right now are into gadgets, youtube and internet and a variety of gambling sites are present in the internet and most of them don’t have KYC so there is still a chance children will came across them, it is very important for parents to regulated their children and guide them with regards to the the sites in the internet, parents shouldn’t leave their child unattended while using the internet for them to be guided accordingly.

It is not duty of parents to give them regulation about gambling but it is duty of the casino to ask for KYC related to the gamblers, I have seen so many casino ask KYC but only few are free from it, so I think it is good if we provide our identification as then robbers and useless people will not be able to get in casino for gambling with real gamblers.

That's true as long as there are no other alternatives, because there are still many other gambling sites that don't require KYC. So, I think there are still many choices, but when the player feels very comfortable on the site and ultimately requires KYC, then it will not be a problem for him and KYC will not be a barrier for us to gamble as long as we can enjoy gambling and I think not always anonymous because someday there will also be times when anonymity is no longer the main one but pleasure is the most important for the player.

Yes why we choose also cryptocurrency because we want to be secure our information so it means that we want also to as player to keep secret what ever reveal our Identity. The only advatanges if we submiting our KYC is the team gets our informartion and maybe the scam gambling site use it to scam other player like creating more gambling sites.

Since you are afraid that they might compromise your personal information. You have the rights to choose the reputable one or do your own research first if you doubt about that gambling site. You have the rights also to choose a gambling site that doesn't run for asking KYC to all the gamblers that want to play to their site. They all have their own reason that's why they have to do this and that.

For now exposing your privacy is not a big deal but if you turned out to be a millionaire in the next few years and all your sensitive information available on the sites of gambling,its really danger right?

The anonymous identity for every participant of the crypto players will certainly be revealed when there's KYC. For me sending your identity and full information about yourself can be a probable data privacy breach in the near future. Skipping casino KYC cannot be prevented, because that's everybody's own prerogative.

Giving your personal information to a site which is not government regulated is dangerous because they can be hackers and they can do anything to your information. You can give your information if they are government regulated but since crypto isn't regulated at this moment, crypto gambling sites that requires KYC is a red flag for me.

It makes sense. Even I doesn't want a site that requires KYC and I guess most doesn't want that kind of feature. But for me, if it was the only way to withdraw my winnings especially if it was a big amount and the site is very trusted then I'll take a risk giving my personal information.

Even if you do not become millionaire, your private data can be misused. It can be used for any agreement or proof in the unlawful and illegal activities and you can be in serious trouble if this happens. It is not advisable to give your personal data to websites on the internet which have no reputation.

Many are not comfortable with the team or the owner as they are not renowned or newly started and does not have any certificate which can prove their authenticity. Thus in order to avoid any leak of the personal data or misuse of it people do not want to do their KYC.

Even if the owner is known and reputed you can never to be too safe with your personal date. Considering the normal average Joe out there, they dont want their internet ventures to be found out by their family do they? Neither would they want the police knocking at their door. So they would steer clear of any casino asking for KYC.

But think of the criminals who try to launder money using the casino as a temporary storage. For such sources the KYC has to be enforced so that the casino can give a subpoena if questioned by authorities. Thus KYC has good and bad effects and though people dont think of this much and tend to focus on the first one, the second one is very common. ;)

That's what my reply defines to the above postbut many people not aware of that their information will get misused and also they are trusting the reputation of an online website when even the biggest online company steals and sells our identity to companies.

Cough face-cough-book!

Even worse than being spammed with phising emails, if you win big you might have the government in your door the next day asking for 50% of your winnings!!

No no no . the governments will never do that  . they wont come at your door step because that is a big hassel to them but instead what they will usually do is that they will charge you or the gambling site will charge you  tax after you won  . and whats the facebook thingy that you posted above ?  You mean facebook also steals our data ?  Your right though  . i have heard of that news before but its not really a big deal to some average joe . they only care about using facebook

We all just worried about our security and skipping casinos asking our personal details is the best thing we can do that of having regrets in the future.
Giving our personal data to someone we don't know is just risking our self at all. Not to be sure that it can be at safe keep or they'll be using it to some unlawful activities. Will have this trouble might fall into us.

I think it is more about comfort levels than anything else. I mean its not about even KYC at this point. Think about a casino that requests you to find the most ripe apple in your house and if you do not have any then go get one (send your passport and if you do not have one then go get one) and then take a picture of it and upload it with your face on the picture plus holding a sign saying you are who you are and then wait for confirmation.

Look this is just an apple, not passport, not have anything important but your face and you can just pick one from your home and pose with it and then get confirmed in few hours and gamble. Even that would be too much work for people when there are places that doesn't ask for anything, so I doubt its about KYC as much as "there are places that don't ask me so screw you" type of deal.

Yeah even regular casinos don't ask for your information aside from your payment details. I think i wouldn't mind if it's a legitimate registered casino. You can run after those types if your info gets leaked. For crypto casinos, nah. Too risky. I'm already risking my money playing. Doubling the risk wouldn't make sense. And there are a lot of crypto casinos to choose from anyway that doesn't require kyc.

One of the reasons I do use cryptocurrency (amongst others) is because of the anonymity it provides, that is easily lost when you associate any  of your bitcoin address to a kyc verified account, also KYC are a pain in the ass sometimes

People uses bitcoins and crypto to be able to remain hidden and anonymous, so why would they do the kyc which would reveal them to the casino owners and the public ( if the kyc information is leaked for the site intentionally or unintentionally).  Also people prefer online casino only to hide their identity and if they have to show themselves, they may prefer physical casino again.

Exactly! A lot of people, especially those who are famous personalities, really want to play and have fun gambling in a phyiscal casino but to avoid being talked about, gossips, and insinuations, they prefer not to. And thanks to online casinos nowadays, they can still enjoy what they really want to do. And now the KYC? This is the very reason they get into online casinos in the first place.

Indeed, our information that provides gambling sites, it can be leaked by wise hackers, worse, when this information falls into the hands of the government, we will get a lot of trouble because first, the governments of the countries have very little support for crypto users, crypto really only creates trouble for the government when crime from this field is becoming very crowded. In addition, almost gambling is an act that the government prohibits, combining these two crimes, I don't think we can be comfortable when our information is known to the government.

To put it mildly yes, KYC can end up meaning leverage against the consumer without any real regulation or ability to appeal to fair appliance of the policy.    If it was applied in a balanced way perhaps but unfortunately it can also just be bullying with an excuse to hold onto funds endlessly.

yes, ground for bullying and I never thought of this until you have stated it here. Anyway, whether with or without KYC if one really is open then it is not really that important. One can still cheat in KYC by using other profile and other credentials without the knowledge of one getting use to.

It seems to me that online casinos are not always required to provide passport data appropriate.  You still have such countries where such game resources are officially registered and they need to keep records of income and expenditure of funds.  And without registration of users - it is impossible to do.  But this is just my opinion.

I think the gamblers can accept if the real casino needs their identity before they can play because I think the casino wants to know their player, their background, and else. They ask for the identity so if something bad happens to the gamblers, they can contact the other family members to help them to solve the problem. But if the online gambling needs KYC to their player, I think the gamblers won't give or don't like that because many gamblers don't like the KYC.

There are some company owners who's their identity is not known to their customers and the customers may equally want to know them too. Am say this because most KYC are always targeting customers forgetting that there are projects owners fail to make their identity unknown to their customers. As for me , KYC is fine and be encourage  but it should not be only for customers.

Do you mean those high rollers? I doubt they will comply to submit their private info. It will put them at risks even if we say that website is well known. If you suspect he is a thief I don't think someone will just steal for the sake of gambling. That will be a different level of addiction.

Why should it matter if a huge amount of money is put, or a small amount? You have to understand the whole concept of KYC is because of compliance with laws of anti money laundering and to prevent other sort of criminal activity like terrorist funding.

I saw a documentary once about how the bombs were funded in some parts of the world, tiny tiny amounts were sent from 100s of different sources, all flowing to the same organization. And this way they were not tracked because it was tiny amounts.

Right, they normally do it in tiny amounts not to get attention from banks because if they do it in big amount surely they will be investigated. For me, KYC is good because it will serve as an added security not only for the players but for the owners as well.

Although kyc is important, I think in online gambling, people can avoid registering on the gambling website, which requires the kyc so they can protect their identity from the scamming target. The most reason for the gamblers who don't want to join in the casino with kyc is only because they want to prevent themselves from the scamming. We don't know if the documents will be safe with them because they don't tell us how they will keep the documents.

I'm just happy that casinos in crypto space does not require us such, we can gamble without any documents submitted as their purpose is to help customers gamble anonymously. However, if time comes that the regulation will become strict, I think submitting and ID would already suffice, pastport is too much, that document can be use for illegal activities in case the site leak or sell it. We know how risky our venture here in the crypto space, so we need to be very careful in submitting our personal documents.

That will be a choice for the gamblers to register in that online casinos because they don't have to send any document to play gambling. I see that many gamblers don't like to send their personal information, and I don't like too, because we only want to release our stress by playing gambling and while we are connected to the internet, we spend our time to gamble.

We consider gambling as a way to have fun and not for making money and that is why we don't need to do kyc. But if we want to make a business, then I think kyc is needed because it will give more trust to our customer.

Cheating the KYC will not be that easy because in most KYC they ask for holding your nic with your picture.  Even if you manage to clear the kyc with wrong profile, in case of any issues in future, you will not be able to proof your identity making you lose of funds in any in your casino account. Its better not to do KYC than to do a fake KYC.

Not necessarily. It was because of these types of activities in the past that somehow got away from the eyes of the law that now when banks and other money transfers screen their transactions, they apply a lot of different methods. Now if your account also gets many transfers from different people you also get flagged. This is what happens to a lot of p2p traders.

Which is my point. It shouldn't matter big or small amount.

Not all gambling websites requires KYC, same time there are more and more gambling websites that request for KYC. As of now the gambling market has been getting widen, and the same is the major reason for gambling websites to request for the KYC. If the user needs to be identified, even without any identity revealing the person can be identified. So, what we see as KYC is just a procedure to keep its user data.

It is recommended at to cheat KYC process, it is better to avoid KYC at all instead of cheating. If the site knows that someone do fake KYC then it may affect on the account, the worst thing is that the account can be blocked as well as the fund. Using other profile for something like this can be considered as crime as well (at least in my country) as we use other's identity. It may affect something bad to the real owner of the identity we use. So if we want to do KYC, use our own identity but we don't then we should avoid it and find other site with no KYC.

Most KYC is about one thing, government protecting its revenues from easy tax avoidance.   The ability to leverage control over revenues via a national currency is very important to the power of a government to decide policy but also fund itself.

I think most terrorist or drugs or anything illegal is still likely done via Dollars and possibly even just in cash because that market is far larger, less tracked then BTC with its open ledgers.

There is only one solution to this. Rather than having all the casinos asking for KYC from their users, we can have a centralized authority which can verify the documents for all the casino users. This will avoid the issue of gamblers having to undergo KYC for dozens of different casinos. Also the chances are low that someone will be able to steal these documents.

They won't come to us and ask us to pay the tax for the rewards but if you ignore to pay the tax to government then you will be criminal in the eye of government.

Stealing data is not a big deal? Huh?

You will know the consequences of it when internet is everywhere.

Buddy you are in a cryptocurrency forum and you are suggesting ""centralized"" solution? That's quite an irony. Even at it's best and most transparent implementation, a centralized solution would be prone to hacks. Imagine a central authority getting hacked with all your gambling KYC, phone numbers, emails, addresses.

You'd get thousands of texts, millions of emails and you might even get those promotional paper mails that casinos used to send back in the 70's. A centralized solution is just THAT BAD.

That is true. People will choose whatever they want, and each of them will try to join the gambling website, which can give them comfort. That is why we see there are two types of gambling website which will require kyc and the other are not used kyc. The decision will be at the gamblers itself because they are who want to play gambling and they will decide by themselves.

I think your statement that KYC is important for both casino and for maybe the record-keepers in the jurisdiction but the cost of going through a KYC for a gambler might be more than what he might lose if he or she does not. Why would a decentralized system that hides your identity bother anyone in the system? This is the first question of these gamblers. The benefits of going through a kyc is not worth disclosing your details.

That's why GDPR rule is essential for the European gambling companies, it becomes a new standard for the future customers, gambling related organizations. Having al that data is not safe considering the hack possibilities on online world. By the way, I understood all points of the decentralization but it doesn't make sense to share the personal documents on decentralized platforms. Can you please explain this part?

So you mean KYC would stop you from playing anymore? There are local casinos in many countries and some have rules about prohibiting them. If your country does not allow gambling then you also should not be gambling if you wish to stay out of trouble. Then again people think that rules are meant to be broken courtesy of the worthless legal systems we have in most developed countries.

In that sense though KYC should be a good method to stop people who are prohibited from gambling - to keep them at check.

Hi to all who viewed the original post, especially those who expressed their thoughts on KYC in online casinos.

Since the topic has been active here on Bitcointalk for quite some time now, I decided to create an infographic about it. And now in this updated post, you will see I already attached below the infographic for everyone's easy reading. Thank you!

The infographic included pretty much summarizes the reasons crypto users don't like kyc in online casinos. Nice work, OP. We hope to see more posts like this.

As the number of users of cryptocurrencies increases, the number of casinos that now accept Bitcoin increases as well. If you’re a long-time member of the online gambling community, you’ll know that long-running online betting hubs like Tangiers Casino, NetBet, ToneyBet, and Americas Cardroom are now welcoming to crypto players.

However, the transactions on these betting sites are not crypto-exclusive. These brands may be flexible in terms of payments, but they get the big “nos” of players who bet solely in Bitcoin. Why? It’s because fiat-money casinos are required to carry out the know-your-customer procedure (KYC) through which players are asked to give their personal info before they get permitted to wager real money on the website.

That's right, they started the business as fiat casino so they are govern by law.
KYC is necessary to them and therefore we need to comply if we wan to gamble, the biggest casino are fiat casino because they are regulated and they earn more trust from big time gamblers but crypto casinos that does not require KYC can still compete with volume of small time gamblers.

But soon, when crypto casino become bigger and available in the country which is allow gambling, gamblers can move to the crypto casino. I guess that right now, with the growth of the crypto and online crypto gambling, gamblers move to the online crypto gambling, because that will help them to stay anonymous.

Besides that, people will realize the importance of KYC, and they will only do KYC with the recommended gambling casino or online gambling website and have reputations. People will obey the rule because they don't want to break any law whether they are using online gambling or gambling casino.

Since Bitcoin and some crypto are created for anonymity, there is no reason for the crypto gambling sites to request for the KYC of the gambler. More hassle and a chance of using their personal information for bad purposes.

I agree with the 4th one. There are some countries that gambling has been restricted so gambling in crypto gambling sites is perfect for them.

Of all the reasons mentioned on the first page of course it is all very true. What I want to emphasize again is that every player including me personally wants to play gambling without many people knowing it or can be said to be anonymous. That's the reason I want to emphasize why I don't want to do Kyc.

This is the main reason that most of the gamblers have.

We tend to gamble and choose to do it through cryptocurrencies because we know that it doesn't require any information coming from us. There's no need to validate as long as we have balance in the accepted crypto, we can play as good as the traditional setting. But it's changing due to the foreseen KYC requirements.

Again you are thinking for your own perspective. We have a multitude of people who come to gamble at popular casinos. This ranges from average earners to criminals who want to use the site wallet as a intermediary wallet for their illegal transactions. This is also the reason why mixers and tumbler services are so rampant. They want to evade detection and thus attempt to bounce the transaction between these sites, play a bit there on low risk multipliers and then then withdraw it so they dont get detected.

Such cases are common and they need to be KYCed to be caught.

It is the most important and will always be considered, after all not all countries legalize gambling and some gamblers are in countries that prohibit gambling. In this case they are looking for other alternatives to gamble by playing at online gambling which of course will skip KYC.

Well indeed, not all countries legalize gambling, even in my country, gambling is illegal. Those who are known to play gambling, they will be ostracized in their territory. Therefore gambling is really needed for the level of anonymity.

And sure enough, I don't think there is any point in any gambling platform making KYC rules to its users. Because gambling itself is a betting game, this is not a business and rarely is the government legalizing.

People do not want to land in trouble by giving KYC and also if the casinos is newly opened or does not have that much trust then it can be another issue because not sure how your KYC details could be mis-utilized and

I don't really see the essence of doing KYC for online Casinos.  The infographic here is concise and cool, stating some obvious facts why personally I don't like the idea of KYC by some gambling sites. KYC complicates the whole idea of using crypto for online casinos.

Well KYC is not something that will keep you under mask from the exchange. Exchange knows you and knows the person you transfer funds to in the form of Bitcoin or any other coin however crypto has been instrumental in giving people the freedom to gamble freely and due to this reason, there has been a surge in the number of gamblers lately. KYC is something that restrict their freedom of gambling.

Tell me please, what do you think are the safe moments behind the condition to provide KYC?  In most cases, many users provide their passport data on exchanges, on social networks, and why this causes resentment when it comes to online casinos.

If it's for the exchange, it doesn't seem to be a problem. Because we usually give it to trade there and make big withdrawals. If not, of course there is no need to do KYC as well as exchange. And for social media, it seems that it has never done KYC and indeed there has never been a social media that is obliged to do KYC for each of its users. And for casinos, it would be very objectionable if you have to do it, because many people who want to play gambling are just for fun and want to keep their identity a secret.

But we as users cannot also forbid the owner of the gambling website from doing that because basically KYC is to show the legality of the user.
and also prevent future problems such as the financial and security of the account itself. and also not all online casino with crypto requires KYC to start play or anything like that.  with certain restrictions. for me as long they dont ask credit card im still safe.

I read an article online yesterday specifically, at https://coindesk.com and I started to understood that Kyc is not good for cryptocurrency related business. The digital cash should be seeing the way we used cash offline and the whole essence of having internet cash like bitcoin and other cryptocurrency is to do away third party for any transactions that happen and kyc is completely opposing that but taking us back to the banking ways of doing business which is too expensive. The legality of the person do not matter when we are doing cash gambling and that is the same way it should be with cryptocurrency gambling too.

I think KYC makes people need to verify their identity. Meanwhile, the website does not prove to their customer about who they are, where they operate the site, and I think they do not become transparent to its customer. They have their customer data's, but the customer doesn't have their data's, but we cannot do anything. Fortunately, we have so many gambling websites which don't use KYC to their customer so we can join with them, and many of them are trusted gambling website.

Well right, that is very unfair. Such gambling sites are bad sites. And it sounds a little funny too if gambling sites have to do kyc, especially the developers are not transparent to users. If I meet a site like this, I will definitely say that the site is a prospective scammer.

  No I think this is not funny because if a casino ask for our KYC then it could be the policy of that casino but it does not mean that there is any bad intention behind this. I know most of the time gamblers use to hide their identity for the sake of safety but I  think it is not bad if the casino sends direct payments to accounts.

It is definitely a big hassle for every gambler and it takes time to do KYC. But then, isn't an urge for us to do KYC  if we don't like or have to skip it and find other gambling sites. The stand of being anonymous of all individual will be our concern but somehow we need to follow their rules, otherwise, we can't enjoy their site.

Beyond the reasons mentioned in the Op I find a much important factor that keeps gamblers skip the KYC process is the fear of governments. Someday if governments request to submit the data of each and every user, our information gets revealed with the
amount wagered in total. Some foolish governments might also levy tax taking it as a proof of spending though most games lost.

Right! And with government's interference, there will be tax imposed upon the operator. The more tax is imposed, the more charges there will be on the players' transactions with the casino.

While I agree that requiring KYC from Casino players are well-intentioned, I also agree that it is indeed a hassle and a risk at the same time. Why would I have to go through such all these long processes if there are options out there that won't require any of these? And do we have a 100% assurance that the personal data taken from us are kept safe? A little leak could easily expose our personal information for illegal exploitation. 

It's not really about the gov't but it's simply because we don't want to be exposed and we don't want the casino itself to know who we are.

The reason why we used crypto to gamble is because there's no need for certain documents to verify in able to gamble.

Frankly, there are reasons why we don't want to reveal our data to others, and government could be one of the reasons. I myself, only submit KYC whenever there is no other way but submitting it and it should be outside gambling business, like what I've done in my local exchange. Btw, in gambling, instead of submitting my data, it would be better to leave gambling completely.  ;D

If I will be asked also, I will definitely disagree to KYC because I hate the feeling of being intimidated. The feeling that someone out there knew that you got lots of money after playing casino and could possibly become a threat in your life assuming that he got bad intentions (who knows?). I think another reason why it seems everyone hate KYC is because casinos before was able to run even without this stuff and got no problems at all then what would be the difference of including it now? Is it really big? I don't think so, actually i see that disadvantages weigh more than its benefits :). The bottom line, KYC is unnecessary.

With exchanges, usually its normal compliance already for crypto folks since we have no choice to exchange our bitcoin into cash. That's why we have to follow.

Unlike in casino's, some will require you to do it if there's something wrong on your activity.

And if we use or Concord to their rules and regulations that make gamblers to submit their KYC then the sole purpose of cryptocurrency will be defeated. Things like anonymity will be defeated and information can be exploited nfrom gamblers to their disadvantage, personally I will be associated with such gambling platform's.

Right. That's why others are also reasoning the same but, do we have an option if our funds are stuck on any website and they required us to follow so that they can allow the withdrawal?

We don't have choice but to follow.

When the governments interfere, the tax will be applied in the gambling industry, and like above me said, and there will be more fee that will apply too. That will make gamblers search another gambling places that will not use KYC so they can play without verifying their account using their document. Yes, that is too risky to use our document because no one can always protect the real data of the customer and besides that, we are heard and knows that the document was sold in the dark market.

Keeping one's identity is a priority I don't joke with although I don't involved in shady deals the can warrant any criminal accusation its very obvious crypto players are very comfortable with gambling anonymously with any interference from any third parties while revealing their identities with a third party Cryptos had revolutionized the old fashioned way of divulging identities with casinos, gambling sites, banks etc before transacting any business, betting etc.

I have no problem if the purpose is to authenticate the data and if needed for deposit information so that they do not receive dirty money. I myself prefer a casino that is simple and does not need a laptop. because I would rather be anonymous without providing sensitive data information. because if you have to do kyc it's the same as a local casino in my country. precisely I want something different and privacy.

I don't see a reason why a casino wanting to attract more customers will request for KYC verification from their potential patronizers in the first places especially those crypto related casinos. If You're trying to combat scam or money launching you can achieve that by investigating suspected individual accounts and ask for their source of income etc and not by subjecting all your customers to submit their personal details that most likely will be endangered as hackers are exploring lose end on information gathering site to sell on the darker web.

This can only happen for two reasons:
1. The casino is gathering data of its users. In this case it is a scam and you have lost some money if you decide to not share your details.
2. You source of money was tainted. This is the majority of cases we see on bitcointalk where a newbie account comes up with the complain of not being paid by casinos and that the casino is asking for KYC. The bottom of the case is that the victim themselves were doing shady stuff and got money from illegal sources and sent them to the casino, to play and use as an intermediary and then cashed it out only to get stuck by the security check.

The government will easily to check the customer data's from the gambling so they can search where their living. They can applied a high fee for the tax to the customer and I think that is the reason for the most gambler who wants to stay away from the gambling website which using KYC. We don't want to share our identity to gambling industry and it is better to choose the right gambling site.

The number 2 is the most probable reason why the casino's requires one to submit KYC.

A casino that has their own app? there's always no difference from accessing through your smartphone and use a browser to access the casino you gamble.

You have pointed already all the concerns why people or we as well hates having this KYC thing in gambling actually not only in gambling but in the whole crypto world

But my biggest concern is the first thing you have mentioned and that is anonymity ,some says that we hate KyC because we are hiding something that so e don’t wanna reveal ourselves but for me instead not about hiding but it’s about security since most sites now are abusing their power and uses our personal details for something that will benefits what they need for those that’s why I am against this

Assessment of gambling is acceptable now all over the world. We should give the best reward of the gambling is safe for us and gives us good reward to the end. Security matter allot if the casino wants KYC the gambler should give it but because of anonymity of crypto people don’t agree to share it so I think only because of KYC it is not good to leave casino.

In any case, I am very annoyed by that moment, if a resource requires my passport data from me, where it is not necessary to do this.  I cannot understand at all why my passport data is for gambling.

Exactly, even licensed casinos now are doubtful. So the KYC they are required to carry now tends to be doubtful as well.

Even big companies with huge security budgets get their data leaked.  There is a good chance that if you use any service with KYC that your personal information could be stolen and you could be a victim of identity fraud in the future.  Sometimes it is unavoidable though so try to use the most reputable services you can.

Because that’s the most legit identification that we ca provide that’s why KYC mostly requires Passport more than other identifications

They ask for that because they want to be sure that you are the one who’s using the service/site and not just a random person to launder money from using casino to the other person .this is why some requires this but most of them are just asking to use for other purposes than just claiming

I totally agree with you.  It was rather my indignation, but do not understand. Since recently, cryptocurrency users have become the focus of attention of law enforcement agencies in many states, it can be assumed that it will be necessary to provide passport data soon and everywhere.  Therefore, all gambling, which until today does not require KYC, will also require the same from gamblers.

my personal reason why I would skip casinos that require KYC;
1. I'm afraid when I won a big jackpot, then terror threatens me
2. I'm afraid of being jailed if at one time the site turned out to be a platform involved in terrorist financing or money laundering.

Facebook is an example where large companies with large security costs experience data leakage.

To many of us, it could simply be a way to kill some time and probably waste some money. But since it could involve huge amounts, KYC has become a kind of necessity in casinos. Because, truth be told, casinos are actually a nice place to launder funds. I hate KYC myself. I think it is best for casinos to put a certain limit. It doesn't have to be everyone. They could set like $10,000 above who will undergo KYC process. Those who are playing with a hundred USD could do away with it. 

I will never get back from sharing my KYC because I know it is for my safety sometimes New gamblers get afraid when casino ask for KYC but they should be wise t know that KYC is for our safety if we will provide so in case of scanning or hacking we will take help from it. Now a day almost every casino will require KYC to gamble.

Hassle is the prime reason for most of crypto lovers. Crypto means fast and without restrictions. Crypto users love just creating a ID or not and start betting within minutes of visiting the site. They prefer one or possibly zero confirmations. They want instant withdrawal for their wining as they are not asked questions when they loose thousands of dollars, why would they be asked on wining?

Many people have no issue with the kyc but still they hesitant to do KYC because they do not trust the system. Even the most reputed site may disclose the kyc data to the third party and this data can be used for illegal activities. Even if the site give grantee of our data, what about a situation if the site is hacked and all our data comes in the hands of the hacker ?

Licensed casinos that go bankrupt may actually just sell their player info database gathered through KYC for a huge price.

I think it should be country to country rules, so they accommodate gamblers who play in a apart of a country where they will have violation if they will do KYC, KYC has a good and bad sides, while it brings benefits to other players it will not do the same on other gamblers, there should be special regulations on some gamblers who cannot.

That depends on which country the online gambling sites operates, but they can always transfer and look for country where there's no strict regulation on crypto gambling sites, especially on those small countries, so they can also give us that chance to gamble without the need to comply KYC.

I think we know already that gamblers in crypto space would also want to gamble in sites that does not require KYC as the most popular sites here does not require KYC at all and irregardless of the amount, they know if they will require, they will loss a big portion of their clients.

Completing KYC in the offline casino will prevent the casino from the money laundering, and they can know from where their customer comes. The gambler transaction, including deposit and withdraw, will be clear from the illegal transaction because the casino knows where the money comes. They can report to the government that their customer is using their money to play, and it's not from the illegal transaction.

But that will be difficult to know if it's happening in the online gambling website because the gambler can use the money from money laundering. The gamblers can buy bitcoin in any exchanges or any sellers so then they can use bitcoin or altcoin to playing gambling.

Main fact to avoid KYC in crypto games would be country restrictions. Because some countries doesn't support crypto games and users could not play directly without VPN. So gamblers couldn't submit KYC on that situation. Also no one will encourage to expose his identity just for play since there is so many gambling site those are not asking for KYC. Crypto it self is anonymous so obviously gamblers would like to saty anonymous.

Very few gambling websites work through VPN. These days majority of the gambling websites with cryptocurrency acceptance doesn't request for the KYC. In few sites there is limited access when you play without KYC and full access after fulfilling the KYC. Most of the gamblers prefer cryptocurrency usage on gambling to have their identity hidden from the outer world.

This is why crypto gambling becoming more bigger as the years passed due to this feature.We love being anonymous and this is what being most preferred.
Why would choose up for KYC ones if majority for them doesn't require KYC? I barely see crypto gambling site ask out some documentations.If they are trying to block
some countries then they can easily block the ip,If players tends to bypass then its their fault if their account gets blocked since its part of the site terms.
Violation is a violation and for those who broke the rules shall have the consequence.

That is one of the secret of the crypto gambling to get success because player can play without hassle as anonymous to project their private personality.



This is why crypto gambling becoming more bigger as the years passed due to this feature.We love being anonymous and this is what being most preferred.
Why would choose up for KYC ones if majority for them doesn't require KYC? I barely see crypto gambling site ask out some documentations.If they are trying to block
some countries then they can easily block the ip,If players tends to bypass then its their fault if their account gets blocked since its part of the site terms.
Violation is a violation and for those who broke the rules shall have the consequence.
[/quote]



That's is right mate then choose site comfortable, but we need to accept time has  comes government forcing all crypto gambling to requried kyc of course the the goal is to collect taxes to be include in the crypto regulations.

Couldn't agree more with you , the KYC shit procedure is against cryptocurrency nature that supposed to be as anonymous as possible .

Even though there's a lot of crypto gambling sites offering a real anonymous gaming experience... most of them lack of trust which makes them avoid to play there too.

However i have seen some cases that require players to provide their documents after a really huge winning , don't know what for and don't know if such rules is fair ?

I don't think that the gamblers need legitimacy, especially if they only want to spend their time to play gambling. But for the truth, gamblers will always search the gambling places which don't have KYC so they can play gambling by hiding their identity. Maybe for people who have much money will cover their identity and don't like to see many people know who they are.

We can give our identity to something that really important, and it's related to our life. But for something that we only want to enjoy the fun, hm I don't think that will be necessary.

In most countries, gambling is illegal, anyone can understand this problem and of course, those who want to gamble will not like to disclose information about them, it's just an openness and a challenge to the law, although some casinos really keep it a secret, but the risk that one day, the government infiltrated, people who just wanted to play happily became criminals, it was really unhappy. Besides, the identity here is not really important, the most important thing is that we have money to bet, wise casinos will understand and ignore KYC.

Is that enough reason for casinos to operate illegally, that is by conducting "games of chance" businesses even without securing a license that necessitates the KYC process?

Gladly, we have cryptocurrency that can we use for gambling, and it is not limited to one country. We have crypto gambling website that will give us a pleasure to play gambling, and the best is we don't have to use fiat to bets. We only have to buy any coins and send it in to the gambling site so you can start playing gambling games. We can also avoid crypto gambling site which has KYC if we don't want to send any document for just playing gambling. We can have time to have fun in gambling games without thinking about anything because we only want to enjoy the time to play any games we want.

There are no advantages when doing KYC in the game. Everything went as usual, just a condition. Therefore many gambling players will not do it. Because gambling doesn't need KYC, it's different if we are investors.

I think your number one reason is the main thing why people associate those who want privacy with those who want to hide things.

Anonymity is not necessarily the reason we skip crypto casinos with KYC. I do not mind so much for people to know who I am, what I do mind is that they can keep my personal data, my photograph, my ID, etc,,, this is my privacy protection, not so much anonymity. Am I right?

Yes, we believe that's how it should be used - no KYC required for lower, 'recreational' stakes. But KYC for large amounts where the possibility of money laundering becomes relevant. This system is what we will be implementing when we launch exbet.io (http://exbet.io) later in 2019.

Absolutely right.We don't care much if verification is needed we provide the necessary information but how do we know that the information we provide is not misused by the casino?There is no real way to know this and thus many many gamblers are more likely to be in favour of no KYC policy crypto casinos.

But I think if you want to use KYC, it should apply for the gamblers who will be using a big money to playing gambling. I am sure that you can see it in the each member's history so you can send them an email or message telling them about completing the KYC. But for gamblers who will not use a big money, then they don't have to complete the KYC because they only use small money to gamble and who knows, they are gamble for just fun. I think that will prevent the money laundering that you worried and the gamblers will be carefully to use a big money to gamble. That is the only suggestion for you.

Yes, I agree what you said the main reason why most people skip casinos with KYC because they have your data, that they can use without any advisory to you and if you are a very protective person giving your personal information is not your type especially if an anonymous person can have it. Also, I'm sure you will not enter this kind of casinos.  :)

Nice Infographic OP kudos for effort taking your time making this...

the reason players skipping KYC in casinos is

1. your identity is compromised - all websites are prone from hacking so, if the hacker obtains your personal information, they hack your bank information or they can be use you identity to scam someone else.

2. Too much work - well doing KYC is too much work since some casinos requiring too many documentsin order to withdraw plus the waiting time you have to wait for 3 days - 7 days to get your verification done.

After for investing your money in crypto it’s easy to share your KYC but don’t expect more than this. In casinos if they are asking for the KYC people most of the Time get afraid of sharing their KYC because of high security issues so if the casino takes responsibility of future misshapes then it’s ok to provide your KYC.

Gamblers who wanted to keep their identity being private would not process the KYC requirement they will avoid house that will ask for this and move to another site where they can enjoy playing without staking their personal information, crypto casino provide this service the very reason why more gamblers are switching to this industry, but we are now seeing site from crypto casino who also requiring KYC.

It’s really hard to entrust our personal details via internet and most specially in gambling sites becaue we already knew how fishy they are and most are not reliable at all
And I rather not play in gambling sites that ask KYC than those who ask
And besides why would people need to give them our details when all we wanna do is enjoy?

You have just spoken my mind. It should be investors who are suppose to ask for KYC and not the gamblers because, we all know that the government of every individuals have a reserve tolerance for gamblers which some have a penalty if caught in the act or if reveal through the process of doing KYC. More reasons why I jumped online casinos with KYC is because of my government restrictions on gambling, am afraid of my data be sold out.

That's for sure, online gambling using crypto is an alternative for those of us who want to remain anonymous because a government regulation in each country is different about gambling. So, it seems impossible for the gambling industry to implement KYC as a whole, because every player has their own privacy which of course the developer will not take the risk for online gamblers.

Besides of the investors, the company who is running the business will need to do KYC so they can be a legit program's investment.

That will be different if we use the local casino to gamble and perhaps we need to show our ID before we enter to the places. But I guess that we don't have to fill the KYC to get in the local casino. As long as we are adult people, I think the casino will be no problem with us because we want to play gambling in their place.

Many of us are afraid about selling the data to the other party because with those data, and they can use it for anything they want. That is the reason for most gamblers to avoid the KYC process in online gambling or another website.

there is  . when you do a kyc your account becomes free from restriction versus to an account that did not do a kyc because thier accounts are only limited . they cant deposit or withdrew big amounts of cryptos and other features of the game are also hidden for non verified/partial verified users   .

 kyc makes you confident and being confident can improve your game play which can result for you to win  .  i already do a kyc on one gambling site that i use , you guys should too

Right, that is exactly how we believe it should work:
1. No KYC *ever* for smaller stakes punters
2. KYC only for those who want to deposit large amounts

That way, you keep it simple and fun for 99% of people.

Those gamblers doesn't have an advantage when the do KYC but the owner of the site does have. What if they will use your personal information in bad things like selling it. You can do KYC only if the site requires it and most of the times, they always state in the TOS when you need to do KYC.

Honestly, I doubt if the owner of the gambling site will sell your personal data for additional income. The income from such a sale is tiny, compared to the commission that the gambler will give him simply by spinning slots in his casino. A bad reputation in exchange for a couple of bucks is a worthless bargain.

Totally agree with witcher. Building up a userbase with a functioning betting product just  to sell user details is not a business plan, it's stupid. However, to quote Zappa:

“Some scientists claim that hydrogen, because it is so plentiful, is the basic building block of the universe. I dispute that. I say there is more stupidity than hydrogen, and that is the basic building block of the universe.”

So people will do it *because* it's stupid.
They might also do it if their business is dead and they have nothing more to lose.

At the same time, *some* level of KYC is just a necessary part of AML for any regulated organization, and AML is a good thing.

It's their option to do so before complying with KYC of any casino.

Be sure that you really trust that casino and even your information if you are required to comply. Most of us have issues with KYC because of those underground selling of information which isn't a secret anymore.

I understand your point guys and I want you to understand that I don't support the KYC aspect of casinos but we also can't blame casinos which implemented the KYC system because of some crypto anonymity abuser are the causes of it. I mean crypto theft creating an account on casino deposit fund which was stolen and later withdraw it to another address in other to cover their track.

It is correct that it is the reason why crypto players skip casinos that has KYC implemented in it. If they are in a country where it is not legalized gambling then they can't play in that site. If the site is compromised then their personal data might be compromised or get stolen.

Yes they can harm your personal data id you will share your KYC with them that why most of gamblers don't share their KYC. But I think there is no issue to share your KYC I don't think that any web site would do this illegal act. When I saw any good casino that give me good offers so I never reject

In here you already mentioned that giving KYC can harm our personal data’s
But here you’re pointing that there’s no issue in doing such..

Are you sure that you understand what you are saying here?or this is just a nonsense post?its your word against own word..

---

Still for me there’s no reason why need to Give KYC because we are here anonymously and I will let that stay same way

I don't support a casino which applies the KYC, and I prefer to stay away from them. I feel that it is not right to give my personal identity to them because they can use it for many things. Besides that, once we send any document to them or to any third party which we don't know how good they are, the chance to get spread in the dark market will wide open. We cannot do anything if our document has been for illegal thing and we could only wait for what will happen later.

I'm ok doing KYC to a legit gambling site because they are more compliant, there are gambling sites that do not implement KYC, but if you've won a big amount, they will likely ask you for KYC because of the AMC thing and they do not want to violate the rules of the country where they operate.

Yeh, operators really *need* to do AML and that should be welcomed.
Then you can have a conversation about how the process is defined in detail (e.g. at what amounts should it kick in, what counts as "suspicious"). But obviously not having AML processes, and thereby violating the regulations of a jurisdiction, is not a legit move.

Some people do not mind doing KYC on gambling sites. And there are those who really don't want to do it. As long as you only play a small amount of games, I think it's legitimate and if it is required, then do it if you feel it's necessary.

There's an easy way for the sites to block people who like to gamble using the IP block.

In fiat sportsbook, my IP is block when I tried to access the site, but with crypto sportsbook, I am very much welcome and I have played in more than 5 sportsbook in the space without facing any problem, and they don't have KYC also that's why I like it. So when a site requires KYC, they look like a fiat gambling site which for me won't attract gamblers in the space.

It seems that you are responding to me, but I did not claim that the owners of a gambling site can harm customers in this way. I did not understand your point of view at all, what I see is a contradiction to your own judgment. Interesting offers from casino owners help to increase your interest in the game so that you continue to gamble. This has nothing to do with the sale / purchase of your personal data, the income from "legal actions" will be much higher in any case.

Well before this I have never seen any gambling website reviling the information of the users i think all websites are safe but if a gamblers don’t wants to share there information then the website should not ask them to share, there are allot of sites who don’t ask for KYC so these people can use them.

But those sites that don't require KYC are usually unlicensed, making them illegal business offering games of chance.

It's always been your choice, if you are a high roller and bet a huge amount of money you have to take the risk of going for a gambling site which asks you to undergo KYC because they are licensed and compliant, if you only bet a small amount it's ok to go for unlicensed gambling sites without the need to do KYC.

You are wrong on that bud.

There are casinos that don't really require KYC but are licensed.

It is better to choose the gambling site, which doesn't have KYC because we don't have to worry about the wrong thing that can happen.
But I think the gambling website is licensed, but that depends on the site itself.
If they can have a license, then I think that will give a good reputation to them as it will make them legit among the other especially if they can give more to their members.
It is better to bet a small amount, and that can prevent us from losing much money because we don't want to see more losses in a day.
We need to decide to choose what gambling website which is suit to us.
And if we are fine with the KYC, then we don't have to worry about sending the document to the website.
The only matter we are skipping the KYC process on any website is about we heard the news that the personal information had been sold in the dark market.

Known websites that don't apply KYC are licensed and you can verify it first by asking the community. Telling that a casino that doesn't apply KYC is not licensed is vague. Some maybe because they are new and it also affects the established ones that have been operating for a long time.

You are right, just choose the one properly, has a name, has a reputation and support you can ask for any help and verification of your questions.

Most of the gamblers are playing gambling illegal as it is either not considered good in their family/friends or it is prohibited in their country. But the online gambling has given easy way to bypass all these restrictions and play gambling anonymously.  But now few of the sites have made KYC compulsory, this has lead to uneasiness among those gamblers who do not want to disclose their identity and remain hidden.

my reason only data security and complicated,
I don't gamble too often, so I don't feel I need a casino site that needs KYC,
there are now many good casino sites that don't require KYC,
so, don't mind the casino that requires KYC.

We are slowly moving away from the wild west days of cryptocurrency and I, for one, mourn its passing.  It isn't only casinos that are requiring KYC procedures.  Nearly every bitcoin based business is now starting to do it with the exception of some merchants selling gray market goods.  Most of the exchanges you used to be able to trade anonymously on are now asking for your docs.  I find it sad, actually.

I can see why online casinos are doing this, because if they're legitimate ones they have to be regulated by some government agency.  Of course I'm not familiar with foreign laws regarding online gambling, I would imagine that the casinos are not doing this by choice.  They would likely love to not have to bother keeping those sorts of records.

Sure, and if there's a licensing agency involved then no doubt that agency is who's requiring the KYC docs.  It's within the realm of possibility that unscrupulous casinos might want your data to sell to marketers or even worse, dark web operators, but I don't think the majority of them do.

There are incidents that a non KYC casino would require you to pass it when you are about to withdraw. If they suspect you base on the history of your activity within their casino, they have the rights to do it.

I am sure that is the reason for the most gambler who doesn't play gambling too often. They will prefer to choose the gambling website, which doesn't require KYC because they don't think that it will be safe for them to give the personal document. I don't like to verify myself just to playing gambling, and I don't see any reason for me to do that thing because I only want to get fun in the gambling games.

That's it, and gambling sites do understands that, even exchange like Binance which is one of the most popular exchange in the space is not so strict with KYC.

They allow traders to use their platform without KYC up to a certain limit or condition, because they see the possibility that they would loss clients if they will be very strict, same with gambling site of course, less complicated will give more comfort to gamblers and they will choose a gambling sites that gives them that comfort, people does not care much about the license of the gambling operators, they cares more on the reputation.

I usually try to avoid KYC casinos, but there are sometimes require to have a process like this one.
There are a lot of people who abuse faucets and rewards which is a loss for the casino, so there should be some measurement that can eliminate those abuses.

And what's make it frustrating for a player? Is that there are casinos who would allow you to deposit first and then when it's time to withdraw, specially if you have big winnings, suddenly casinos will require you to send first KYC before you can withdraw evening.

And that's what disappoint most old school crypto gamblers. Because crypto casino's now tend to replicate a fiat online based casino. You have to undergo KYC and worst they will tell you that some suspicious activities can be flag in your account and unless you do full KYC you can't get anything, even the money that you have deposited on them.

The casino house needs to implement that requirement to counter those abusers and in order to protect their business, a lots of people loves to enjoy playing anonymously  and if they can continue doing that they will not process and provide any important information about their personal identity. It's about privacy and there's still lots of people who wanted to keep it.

So actually, we as a trader and gamblers should not be worry if we don't want to do KYC because we can found easily the gambling website which does not require their members to do KYC. I guess that will help the gamblers to join in their site because the gamblers only want to play gambling without the want to fills the KYC. I think if the gambling site needs their member to fills KYC, they should get licenses from the gambling authority, and then they can apply the KYC to their members too. Besides that, the gambling website needs to fill KYC too like their members.

Yes, there are times that they have to do but it's mostly to special cases and incidents for which to verify the user.

Right, those activities that would be against their terms of usage and agreement, that's the solution that they have to implement.

Exactly!!!specially when you hit jackpot or something closes to the prize,if I remember it right there are some topics that discussed about related issues in past I don’t know if until now there are still a victim of this modus of some casino sites

And with this issues gamblers now are more restrict when choosing sites to play and sorry for those abusers but the must pay for what they’ve done here.

---

You must be concern also mate even you don’t really a gambler because jackpot is not for just for old timers but for everyone so you should be ready Incase needed

My friend tells me his story when he can hit the jackpot. He hit the jackpot, but when he wants to withdraw the money, the site needs him to verify his account, but he doesn't want to send any document to that site. He gets upset knowing that he cannot withdraw the money, but on the other side, he can accept the rules. So now, he always searches the gambling website which doesn't need to do KYC so he can withdraw the win money without verifying himself. That is one example from my friend who doesn't want to verify the KYC because he thinks that the document is very important for him.
He doesn't want to send it into any gambling website.

How much was the jackpot hit by your friend? I guess it was not that big, because if it was a huge amount then I think your friend will do the KYC. If he did not send the document means that the amount is still considered as low amount for him, but if he thinks that it worth enough then I'm sure he will do it to get the money.
At the moment, most gambling sites has terms that they have the right to ask for KYC. Although it is not mandatory but it can be asked for several cases like huge win, suspected as money laundering, etc. So basically big players who usually bet big amount and have the chance to win huge should be ready for KYC.
I do not like KYC as well but if there will be a time when a gambling site ask me for KYC because I win so huge amount, I will do it to get the money but I have to make sure first that the site is reliable and trusted.

I am sure that is why people enjoy crypto casino because of the fact that there is no KYC. If you are not afraid to provide your details to KYC, then why not play in regular casinos.
I'm in a country where casinos are allowed, but I still don't know what the authorities will react to if they find out that I won money at a casino not resident in my country.

Player really want a gambling sitd that no need tk pass their KYC that makes them or even me safe because their Idenity will not compromise by the anyone.  My country are allowed to play casino but a player need a membership to play a casino or submit their ID to play but I did not play in traditional Casino only in a online Casino because it's better to play now in online.

I've seen those posts but I can't dig them right now. But if a known casino do this, you just have to obey because they are doing it for the benefit of both sides.

Well, as far as I know, gambling sites that implement KYC are those who did not accept cryptocurrency or those only accept fiat to gamble and using credit ATM cards in order to deposit. But in crypto gambling sites which are very popular now in crypto space will good if it remains anonymously. Indeed, not all gambling platforms restricted by KYC verifications. KYC is not given an attractive way to lure gamblers.

afaik kyc are not invented or not popular before and sites or gambling sites dont ask for kyc but they only requires sign up . the sign up process may require phone , email address , name but this details can be easily fake out  . 

that should be the reason why they level up thier sign up process and add kyc to eliminate fraudsters  . now even the common gambling site that dont accept cryptos are now also implementing a kyc .

But now there are a lot of cryptocurrency gambling sites and there are those that require kyc and there are not for every user. If you or others object to the KYC procedure, then it is better to pass the site. Indeed there are still many gambling sites that do not need to do KYC and can play anonymously.

In conventional casinos, the ID is asked to see that you are 18 years old, not to pass information about you to anyone else. The situation with crypto casino is completely different, where your documents are needed in order to store them in the database and provide at the request of the auditing organization.

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?

He doesn't want to tell. Yeah, perhaps, it was not too big, but he only tells that the amount is enough to cover his daily life for 2 months. He just too afraid to send the document because he knows about the leaks of the document in the online store. He says that it still not worth to send the document to them although the win money can cover his daily life.

I don't like KYC either, and I always use the gambling site which doesn't use KYC. Besides that, I only a small player who want to gamble in my busy days without thinking about winning. But if somehow, I can win a huge amount, and the gambling site is legit, I will do the same as you.

Exactly
It is the reason why crypto gambling exists, to give an opportunity for gamblers to gamble anonymously. Indeed there are some people do not mind to do KYC on crypto gambling sites but I believe the number of crypto players who want to stay anonymous is still bigger than those who do not mind to do KYC.
I also wonder what security he is talking about and I also dont see any benefits for players who do KYC especially on crypto gambling sites.

Agree to this, For me, besides anonymity, the second thing that is the most important is which OP said it is less hassle if there's no KYC, because you are just there to play and have some fun. Create an account then play.
KYC is not beneficial in all terms if you have a gambling website, because the no.1 effect of having a KYC in gambling website is limiting your players to go and play to your site. Regarding security 2FA will be enough if you want to secure your account.
For me, KYC is not beneficial at all when having a gambling website.

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

There are a lot of risk if we already give our data to a sites. For exchanges, usually i not pick which ask me to do KYC. Because a lot of site still can be used. And like gambling, site that actually i really want to play it anonymously. Because in my country we can't do gambling online or offline.

There is an opportunity to protect yourself and also your personal information, that you send to a gambling website. I mean the case when you only send your documents to well-known a very reputable sites, which will never sell or share your data on purpose.

What can you do is just put some kind of watermark on your scans of the documents, for example "special for casino name". It makes such marked documents less attractive to be sold, especially in case of hacking, data leaks, etc.

We will only think of selling if we think the casino is shady, but once they have license, they will not gonna do that, unless their data are hack.
For me it's not really a big issue as I am not really that important as a person, lol.. I mean if they will sell then be it, but I would never submit a sensitive information that they would know about my financial status in life.

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

I'm sure many people are the same as your statement, including me. I also do not agree to do KYC for gambling sites, because I am the same as you. Playing gambling is only for playing pleasure. Not to do our self-verification just to play dice

Most crypto gambling sites does not require KYC, the topic is all about "reasons why we skip with KYC" and we can see the reason in the OP.
We choose crypto as this given convenience to us, even if our country will ban gambling, we can still play since most casinos are not regulated so they are not required to comply anything unlike fiat gambling sites where there's a rules and regulation that they follow where they will be penalize if the violate it.

There are more casinos that don't require kyc so it's just up to you if you'll go to one that requires it. I think most of us would prefer to stay anonymous while gambling. There are also some who think that kyc will add security to their accounts. It's up to you to choose. Though as someone who have been gambling online for some time, i don't feel safe knowing that my personal and private info will be available to the casino for any use.

If you are not that such a heavy player then there's no reason to engaged to much to the point of bringing your personal identification just to verify your gambling activities. There are many people around who find crypto industry as a good alternative to hide their gambling activities, there's no time for them to process this procedure as the main point of using crypto is to stay anonymous.

No matter whether you are playing for fun or playing to make money we need to follow the TOS of the gambling sites we are entering.

And gambling sites also don't like introducing the KYC part but they were enforced by their government so they have to follow what government says.

Many people do not want to reveal themselves and do not want public to know that they are playing gambling.
Thats the only reason they avoid KYC.




At one side you want people to submit KYC but there is no grantee that their documents will not be misused. I think it is time that we first focus and determines ways how the sites can ensure the security of the documents ?

some country gambling is illegal. like my country here. that's why i make a bet with crypto that many sites didn't do KYC for their rules. we can still make a bet anonimously with crypto and crypto gambling sites

That's correct, it looks like a bypass of the restriction, in our country gambling is illegal as well, if I try to access in popular fiat casino, my IP is blocked but with crypto gambling sites, I never experience any site that I visit blocking me.

Crypto gambling sites provides comfort so even if they are not regulated, many people will still patronize them as they can gamble with no problem and they are willing to lose the amount they risk if the site will scam, but I don't think the site will do it if we are gambling in a reputable site.

When your country banned gambling means same applies to online gambling,crypto gambling or any form of gambling as well,so you are doing an offence against your country which may leads to you in serious problem.

We can make bets anonymously but you should be careful while sending your funds from gambling sites directly to an exchange,some exchanges will freeze account as well.

If gambling is illegal in your country, even then you can do KYC in some online gambling site (Site should not be from your own country) and govt. will still not know that you are doing gambling. Don't think that the gambling site would send the data to your country, they are more concerned with the money which you invest in their site.

But i think it will be risky to send you money in some unregistered site as if government will not be aware of your gambling activity but it can give you kind of danger about the security of your investments so site should provide you all necessary confirmation if they actually want you to gamble safely with them in demand of KYC.

Which is why it is still advisable that you deposit just small amounts in unlicensed or no-KYC casinos.

Statement that I like.

Conducting KYC for gambling sites is a topic that has often been discussed. And here there must be those who agree or not, that's not a serious problem. But most gambling sites don't do or apply it to every customer. Then just ignore it!

Hey guys, anyone interested in betting with crypto I have placed a bet with ETH for draw between Italy and Greece in Kryptium! The odds are 1.65 for Italy or Greece to win, anyone wanna join??
https://ipfs.io/ipfs/QmdwC4RH2PAPNwScr7sGDJhGdxC2dcE4feVm1rftwxNxsK

You have a point on that statement, just ignore when gambling site requires KYC. AFAIK, gambling casinos that require KYC are those accepting fiat. But now, they prefer to use cryptocurrencies because it is easy t use and far away from having KYC. Maybe those accounts that having suspicious deposits maybe will force to have KYC/AML to avoid money laundering.

Most of the crypto users choose this crypto space as the security mode and to be anonymous while they are investing. So no one wish to KYC verification for any kind of services. Including gambling, trading, exchanges and so on.
Then when there is sites give the option to invest without KYC verification no will go such option.

In a case that the platform just needs to have a cryptocurrency deposits, it is unnecessary to ask for KYC, the source of the money in crypto is very broad, even if a person does some KYC, there's no clue whether that person performs legally or not. Just for regulatory purposes, KYC will be conducted to ensure the regulation from fiat to cryptocurrency platform for betting. Sooner or later, it will not be a mandatory, after worldwide crypto adoption takes place.

But mostly, the exchanges require traders to do KYC. I only know Binance which don't need to do KYC, but if you do KYC, your limit will be bigger than the traders who don't complete KYC. Yes, we want to play gambling on the gambling website which doesn't require KYC because we don't want to send any document to them. Perhaps, gambling website which doesn't have to complete KYC will have a big member who will play gambling, and I am sure that they will stay on that site and have fun.

We don't need to risk our identity sending personal documents for kyc requirements, and as you wanted gambling for fun and lucky wins it should be done privately. I wonder why it came up on their mind seeking every users identity to be transparent with them. Maybe this kind of implementation was too strict and I don't think the people didn't seem to appreciate this. They're just pushing away customers, because most of them preferred to be anonymous instead of revealing their identity.

There’re many exchange that not required KYC and besides what we’re talking here is Gambling sites and not specific exchanger’s so those are different thing as what I believe
And besides we can choose for where to pay without KyC and why need to be hold in with this requirements when we can enjoy not having it.
And also it’s their losses if thy cannot lure players to be in their sites while they are generating KyC and others are not

Majority of the gamblers are not looking for a regulated casino as they know if its regulated, it's automatic that it will require some KYC.
Let's have some practical example, if I am gambling like 100 usd in sports betting, I don't think I would bother to comply with KYC just to play, that amount is something that I can afford to lose but an exchange losing its reputation is equivalent to millions of loses to them.

The reasons why gamblers are skipping the kyc is just because some of the kyc is very hard to passed and take a lot of time, also why should a gambler needs a kyc or why they should provide their identity and their real informations? As a gambler I do not see this as a requirements because  if you want to play gambling then all you need to have is funds or money in order for you to play. As long as you have money you can play for fun and also earn.

You are right, even though the site owner wants to avoid money laundering as the reason of requesting KYC documents, it's just a bit non-sense if we talk about freedom in this decentralize space. I'm pretty sure the reason why most people playing on internet is to avoid restrictions from countries that doesn't allowed their citizen to do gambling.

The requirements is easy I think but the decisiom to pass it is very hard we know we can't trust anyone like passing your real Identity. But I don't think gamblers will be worry because this now there is a lot of gambling site who offer anonymous not having a kyc is a good for the player because we don't need to pass it because we are player and possible for us to lose money so what is the point of having KYC to gamblers and I think that is useless only the team will take advantages to us.

So it means both side of gambling people only want to get what they want. Owner site who not want to get a problem from people who do money laundry and people who not want to reveal their identity. For me, i am on side that not want to do KYC because it will almost same if i play in gambling site that use fiat.

Protecting our document will be the priority for us to prevent the stealing from the thief. We don't know what their purposes of seeking the user's identity is but perhaps, they want to know from where the money comes. But even if the gambling owner knows from where the money, it will be difficult to know if the money from money laundering or the other illegal stuff. Perhaps, if they reveal their identity to the public, people will see that they are real people who operate the gambling website.


People avoid gambling site which requires KYC because they don't want to send their document to the wrong person. And if that is for playing gambling, we can find many gambling sites which don't have to complete KYC even if we win big money. Usually, if gamblers feel enjoy to stay in one gambling site, they will not move to another website. They will remain on the gambling site, which is free from KYC because they are careful with their private documents.

It may make the system safe, clear from bad conducts but it risks our identity. What's the point of living in a safe place while our identity is in a big risk?

Most of us do really skip casino's with KYC because it takes a lot of time for us to submit it, and we also have trust issues in submitting KYC because they may use our informations to illegal activities like fraud and scams, that is why it will be fine if we just skip KYC in online casinos.

You have pointed the most reason why we don’t want or support KYC because at some point this can be used against us because they have our personal profile things that is very sacred if we are in the internet,because it’s our safety’s and funds involves on this one
We are in gambling to have fun and to have chance of becoming rich as well,that’s why I don’t understand why KYC is needed?or this is part of anti money laundering issues?because there are some gamblers that uses the gambling sites as way of hiding their personalities and transfer the funds from one way to another 

It depends from which country you are from. I know a few people from US or UK that when they register online for a casino they expect to get KYC and even in fact,,, if they do not see it, they ask you if it is really legit.

But if your country bans gambling then of course you want to not be identified overseas even online. It is all a matter of perspective for me.

It's not a matter of time, but there is no need to do KYC to gamble. We are not to invest here, but to play, play and play. So things that users should not do when playing gambling on any site.

but the problem is if we won the jackpot?since that's a huge amount to be owned by individual that has no name right?not like lottery the identity was not publicized but still in the record of the government as we knew the money laundering issues this past years

thats why i think its ok to have KYC in winning huge amount but not in daily playing so we can skip and keep our details until we won big amount that may reflect to money launder

I think that people mainly got into the crypto space for the  privacy and freedom they get by using a decentralised currency like Bitcoin. Having to complete KYC it's a burden just like on the other more "regulated" online casinos. So why use crypto then? Why not play with the inflationary fiat than risking your precious deflationary bitcoins?

Because as you said, we are free to use crypto, and we can manage our crypto without bank interfere. We use crypto because we don't want to see our fiat reduce or lose because of gambling. Besides that, there are so many coins besides bitcoin that we can use to play gambling. That is the other advantage of using crypto, and people who are in the crypto will still choose crypto to play gambling. They don't want to complete KYC because it's just a gambling game, and we don't have a big chance to win big money.

There are many reasons why crypto players skip those casinos that requires with KYC. The first one is some casinos that need kyc is very hard to verify and takes a lot of time to do KYC because they need to wait the approval of the casino if their kyc is approved or not, second is because why do really crypto players need kyc in order to just play in casinos? It is not necessary to give them our personal information for us just to play and gamble our money and it would be hard for us crypto players to trust anyone with our personal information. That would be some reasons why many crypto players are denying and don't want casinos that requires a kyc.

Simply when the player don't want to let the site to know who they were gambling on their site is the reason to skip KYC needed sites but the sites may not doing intentionally at some sites because their governments wants it and some governments made illegal to gamble so if there is someone from the restricted place using their site to bypass law will make trouble to the sites.

After all, this is online gambling and in the online world, gamblers are free to gamble on any site that escapes regulations that apply to certain countries if indeed that is the reason some casino gambling sites that apply KYC to comply with existing regulations on their country. Willing to give KYC or not I think it all depends again on the consumers themselves, if some of the gamblers are comfortable with KYC then it doesn't hurt either but most of the gamblers will choose to remain anonymous.

Crypto is yet to be identified by many nations across the world and is restricted by many. Most people , at least I can vouch for my network of crypto traders that they prefer to stay anonymous. Also, people stay in dark when dealing with crypto and share that with very few close people (Atleast I am like that). Plus, the hassle with KYC documentation and registration process could be a reason.

Simply because players dont want to know their identity, and since gambling is illegal in other country it is also the reason why many players dont want to be recognize or to know because having KYC in crypto player think it is something done by government which for me this KYC is possible made from government whi want to identify those people whi using crypto