Bitcoin Forum

 Know your customer (kyc) is one security measure I support and do not hesitate to fill-in all my kyc required details. KYc is being used by exchanges, ico project some bounty managers etc.
But is kyc really needed in gambling section. I experienced a very hectic kyc procedure when trying to register onto a gambling site with them telling me they would get back to me after some day so I wonder what if I got a pressing game I needed to play immediately.
In my own opinion kyc is not of major importance in gambling section. What do you guys think

I think casino owners are just being cautious, maybe they just wanna know who will sweep all the winnings and make them bankrupt haha but kidding aside, I really think kyc is has both pros and cons in being implemented on online casinos

People's participation into cryptocurrency accepted gambling is to stay anonymous, when the user is with specific purpose they'll surely go with KYC free gambling websites. Bounties and other ico programs request for KYC which is to avoid people from specific country where the respective product or the project is restricted. When there are so many access to play immediately who is gonna choose something that take days for the KYC procedure and further to start playing.

The purpose and objective of KYC is to prevent fraud, money laundering and to imply the security measures which is necessary for both users and the gambling site. It will benefit us though it sometimes causes us hassle. It's important for the monitoring of legit transactions as well.

Personally i wouldn't give a try to any gambling platform that require KYC before play game on their platform, not even when i have win the game on a very high side and request my KYC before withdraw, i will rather fuck them with the money and keep my identity. What is the meaning of cryptocurrency if KYC is involve?

If this has to do with fiat, am not afraid because we have done that before the advent of online casinos.   

Everything online is now hackable. If we're all aware,
we could notice that there were several cases of hackings these days so even gambling sites are now requiring Kyc.
It would be helpful in tracking illegal transactions.
I see it as a positive thing because they're giving us an assurance of security.

KYC in some sites take a long time before the information you supply to be verify, I am not in support of kyc most especially when it comes to gambling, gambling should be left anonymous and privacy is required why are they conducting a kyc for just games which may end within minutes and winning cashed out.

But gamble in some country is illegal, so does anyone wants to give their personal information on gambling sites? This is unsafe for players.
Anyway, a lot of persons can fake KYC to participate in bounty campaigns so this way is not the way to against hacker.

KYC and gambling. Gambling is prohibited in many countries. And that's why I refrain from signing up for the KYC-compulsory platforms.

I think anonymity is so important for gambling apps.

They already have all the ropes. The fact that they don't know who's playing in the system doesn't change anything. I also think there is nothing to be careful about!

depends on the situation. both sides has pros and cons. i personally prefer no kyc. just jump in and play.
but when a gambling site will do a "big business" i totally understand that they are requiring kyc process. You have the choice, do kyc or move forward to another gambling site :)

I don't think so if you have your own gambling site and you implemented KYC I think that is not tempted to the gamblers because of the majority of all gamblers who are avoided on KYC which is they don't want to risk their personal data especially crypto enthusiast. I think KYC implementation is not necessary on online gambling, email and phone verification will be fine.

To know if the one who is playing is already at a legal age,
To know if the gambler's location is against gambling .
I think is the only sole purpose of it or to know if some one is abusing it like other gambling casino they want to limit their players by one account per person only.

That will break the purpose of crypto's as freedom and decentralized if the casinos start to implement KYC. One good reason that I can see is to filter kids and teenagers registrations and players.

But I don't think that casinos will ever think of it. All they do is business and if their local gov't will issue an order for them to start conducting KYC to their customers, they don't have choice but to obey that order.

Firstly, this topic does not belong under this board. Move this to Gambling discussion board asap.

Coming to your question, I basically despise the entire KYC process in crypto in general and avoid filling it unless absolutely necessary(Example: Extra security in exchanges like Binance, Bittrex etc).

Anonymity all the freaking way!

I don't think kyc really needed in gambling section, especially for the crypto gambling because people were playing crypto gambling to avoid filling their real identity. They better to choose crypto gambling than traditional gambling if they want to hide their personal identification because it's not worth to verify to the gambling sites.

If you talk about the real casino, then perhaps, it is necessary for the member to fills KYC, so the casino will know who are their members and who is the winner. Besides that, the member can use so many option coin as the bets, and they will choose the other gambling website which doesn't have KYC.

Personally, if asked KYC needed or not. Actually i am not agree with it. Because actual i come for crypto gambling is i can do it anonymously. If must KYC then it is no different with gambling sites in my country.

If you like gambling and if you are a big time gambler then you cant escape kyc because if you already reach your accounts limit a site will maybe ask for your personal info ( kyc ) before you can continue playing or withdrawing/depositing . Kyc is important for both gambler and the site owner so why wont you just do it  ?  If you trust the site and if you think that the site is legit then go.

That is why I am not fond of having a KYC in an online crypto casino. People are using crypto casino like me because I don't want to reveal my identity for some reason while playing gambling. I know that KYC must be good but for me, it is not appropriate to use this method in this field probably in trading and investment will it perfectly suit. Actually, I am now currently into a crypto casino (https://vegascasino.io/casino/video-slots/the-dog-house?utm_source=cctdh) and it has no KYC required that makes me like it. Besides, it has a lot of amazing features such as Mobile Friendly, No country restrictions, Live Chat, Email support 24/7, Low deposit options, Fast withdrawals, and SSL encryption. This crypto casino has also a bunch of bonuses that will boost your gameplay.

The intention to use kyc is good. But still it's good characteristics does not apply for every situation. Like for example if the site was hacked. All your private infos are can also be valuable for the hackers. They can sell it on the black market or worse track you down and try to root on all your accounts. But I think casino doesn't need kyc for their respective clients. Just like a regular casino. They doesn't care who you are. They don't need to know who you are.

What a strange idea! regardless of security and any benefits resulting from KYC. it won't mean anything to me. many countries prohibit gambling, even prison is a punishment for the players, KYC will only make players exposed, and it will certainly be very vulnerable to be caught by the police if the data is spread, moreover I'm sure many players using crypto to gambling because they like anonymously

The example you gave is possible but there's less hacking incidents on gambling sites. If hackers target a gambling site they'll aim for the hot wallet rather than the information of the gamblers unless they're looking for someone.

If OP's "gambling section" is referring to the bitcoin casinos that accepts bitcoin and other cryptocurrency only then I agree it's not important but in some cases it could be reasonable for casinos.

I still don't get it how would they even prevent fraud from this. I mean there's a lot activity going out on the internet right now. If the ones do fraudulent activities are smart then they could go alternative ways to pass KYC procedures. There are lots of people who want s to sell their identities specially in 3rd world countries, they never mind at all it is an easy money for them. I guess KYC is useless I guess, what do you think?

First of all, KYC is not really important for players to play in gambling sites as your KYC details is not needed/will be used to play gambling games but due to gambling site's security and other purposes or prevention from having multiple accounts that may be used to explore bugs, glitches and errors of their site especially games. Gambling site owners are finding a way to prevent gamblers to not abuse their platform so they use KYC to know that person who abused their platform and caught then they can prevent that gambler creating another account and abuse their platform again. Anyway, there are more reasons why some gambling sites have KYC needed in order to use their platform.

You can't easily bypass the KYC, yes you can steal it but you never used especially if the staff is very strict. Unlike if the real beholder of KYC will do the required amount. I don't know if that KYC is very needed, because a lot of people now getting made into others if they know that site implemented KYC. Majority of all gamblers now are not tempted to their site if they have KYC implement.

I hate it and as long as a casino wants to know my identity and information I am not going to play there for sure. Of course there are times they only ask when needed and not ask it beforehand so I may have to share my information to get my money out of that casino and forced to share it then I will do it just so I can get away from that casino.

Aside from those situations, if I know a casino wants KYC without even gambling just to register then there is no possible way I will ever even test that casino, wouldn't even give them 2 satoshis, my personal information is my personal information and nobody has right to force me to give that to them, if they want it I will decline and move on with another website that doesn't want it from me to gamble.

Use the blockchain gambling. Some Centralized gambling sites require KYC but this is not the case in almost all decentralized gambling platforms. 

The mandatory KYC  is imposed on the websites by their respective governments.  These kinds of requirements are supposed to be minimal in crypto gambling.

Same here, i will never sumbit my KYC to a gambling site and rather will move on the other gambling site where there is no requirement of KYC. Since there are many good gambling sites which do not require kyc so people will just ignore the sites where kyc is mandatory.

Basically KYC provides an increase in security for us and also gambling website owners. However, as you say, indeed the application of KYC in the gambling section will not be too maximal because in essence the use of cryptocurrencies in the gambling game is to be able to keep the data of the players secret. So from the 10 levels, maybe only 3 levels need KYC and the conclusion in my opinion is that KYC is not very necessary in online gambling games.

I think that KYC is justified when we are talking about a person depositing at least 10 thousand dollars in a very short period of time. Anything below most likely has nothing to do with money laundering, but something above might. And I think it's okay to require identification from people who are playing on really significant amounts of money. As for the typical couple of dollars players - making them go through KYC because of the AML policies is unjustified.

KYC is not the major importance in gambling and it also does important because some people are abusing the decentralization of crypto currency through the issue of under age people, illegal money been spent on gambling while some people also get the seeds to some game to win huge fund. Therefore, the gambling company have to do something to protect their image which was the reason why KYC comes in gambling section. But, the part of you going through KYC when you actually just register when none of the situations I mentioned was not involved is something I dont support.
The site in subject definitely abuse the gambling KYC procedure.

It's up to you to support the KYC system because basically people have their rights but your thoughts are very different from mine, I don't support the KYC system at the gambling site at this time, of course we go and recognize crypto as anonymous and we also have the right to secure themselves, indeed KYC is a deterrent to fraud and all acts of crime, but the project team must also apply it to know that all people are acting fairly and very openly.

KYC in ICO/Exchangers is different from Gambling when it comes to their motive why they do imply such verification.

ICO/Exchangers = Money Laundering
Gambling sites = Age Limit

Theres no other thing or reason why gambling sites do need kyc verification other than verifying players age.

I really hate to sign up for KYC at the decentralized marketplace. When there is some thing need to do at the centralized market then you need to do KYC or anything no one will mind about it.
This cryptos are created to stay anonymous and avoid the unwanted fees kind of things. This KYC policies will make the charges in very soon if you leave in gambling or any crypto based works. Simply boycott the KYC in decentralized market.

I don't want to visit a gambling site that required KYC verification, it really depends on us if we are going to pursue our selves to pass the KYC verification in gambling which is a very risk on us as a gambler. I think if there is a gambling site that has KYC only fewer gamblers will use that gambling site those who are willing to show their selves. But those who remain anonymously will not undergo KYC verification, maybe they will afraid.

KYC has been a hot topic in cryptocurrency world whether it for new projects, gambling sites or exchanges. But i think most of the companies wanted to have security because if you are afraid of scam, so did them. As long as you know that the site is known and legit, no need to worry much.

But then we can't stop them from worrying even the site is legit. Tbh, even I, also doesn't want KYC. Giving your personal information online is one of the thing everyone are avoiding, especially in crypto world. You always wanted to be anonymous as possible as you can. KYC is getting applied by sites and they are escalating, time will come, we really need to comply.

KYC means it is the verification process involved with the money verification but in this field it will be improving in this situation so we need to accept it as a good verification process because it will always gives the safe and security for our wallet and exchanges

This will be the reason that in the future that we lost our anonymity as KYC being required elsewhere.  Even a simple registration will require to submit our picture, though it will be good so no more scammers but somehow, we are also risking our identity for it will possibly be used for their own benefits or using it into some illegalities.

You are right, a casino which requires kyc will see its traffic decrease drastically. It would be a shoot in the foot. If gamblers were fine about giving their personal informations I believe they wouldn't be gambling at crypto casinos, but at the online fiat casinos.
Nobody wants to win a jackpot and have all their informations watched simultaneously, there are gamblers playing even being under age, there are people who don't want others seeing what they do as hobby. Kyc ceases all these customers.

I disagree requiring kyc for the crypto currency gambling site, people choosing crypto gambling because they want to secured their anonymity as a gambler But if government forcing that kyc requirements nothing to do is follow the law inforcing by the government.

KYC is frowned upon by most gamblers as most of us want to stay anonymous and we want to keep it that way. But if a particular gambling site is requiring to complete my KYC owed to some legal procedures and I know they are authentically legit, I will finish it without hesitation. I just hope they are doing their job in legit way. But with the current scenario in online gambling, most of them are not pushing a customer to do the KYC stuff. If you don't want to undergo such process, just select the sites who do not require such stuff but be careful on what site you want to send your money to.

I don't think the government is behind this and we all know the site's owner can apply this in their site whenever they want because they own it and I think he is also thinking for the greater good of the site. It is true that there will be no anonymity in that but the thing is that people are taking advantage of that anonymity and sometimes, it is not that good.

Just be prepared to share your prize with your government if you win at a casino that features kyc.
They don't take the risk with you, but they want a large piece of the reward. ;D

All the rest of the gamblers in the world will stay gambling online if KYC is not required. Even before BTC was created casinos online are already asking for details of tgeir customers because some state does consider online gambling with their laws. I'm however thinking why those EOS gamblings dapps aren't requiring KYC to their customers.

Kyc is not basically required if your only small time gambler and kyc is mainly required if your a big time gambler but i think its not a big deal to a big time gambler to lend his personal info to a gambling site that he really trust  .kyc is not a hindrance to a gambler to play online gambling because online gambling do have some advantages and benefits compare to a tradtional ones .


I think its because its a dex based gambling ? 

Even for online gambling sites there are some restrictions based on their jurisdiction so you have to follow them to get approved legally.But myself personally don't like KYC and avoid playing on those sites if they have KYC requirement since its not called as decentralization.

Usually, trusted gambling websites will ask you for KYC verification if you have massive transaction and balance on your account, for security purposes. I dont see any point on requiring KYC procedures before using the website and gamble. Requiring KYC verification before using the website will decrease the chance of registering new clients.

Indeed, KYC verification now has often to all bounty programs like ICO's projects and all related on ICO, but gambling is different into them.
I think KYC verification on gambling is not a neccessary thing to do, because as far as I know, gamblers are didn't want to submit their personal data just for gambling. They want of being anonymous to protect their selves from theft if they hold a huge amount on their account. If somebody knew that they had stored a huge amount of their account and the risk was there so much better if gambler will remain anonymously in order to protect their selves.

Indeed. Maybe KYC is made in some gambling sites for their security but I guess one should also be concerned with his. It has been said that almost everything online can be prone to hacking. So once a gambling site has been hacked, and your personal informations were affected or used without your consent, then it may jeopardize you and could even blame you for such happening.

But if there is a con, there is also a pro. Maybe they required it for reduction of traffic in their website. And in the aspect of hacking, they could easily track who did such.

Whatever the site's reason is, the decision still depends on the person if he wants to fill such requirement so he can play in the long run.

Maybe what to be my aim into crypto gambling site is i make account, deposit, play, if win i can withdraw it without give my data. Maybe something simple like that. That is why i pick on crypto gambling site because fiat gambling site is already much actually to pick if i want.

In my opinion, the feelings of players should also be put into consideration. I understand that they do this to prevent minors but also take not that most gamblers that are of gambling age also don’t like giving out their private details. I stopped offline gambling after I saw the advantages of crypt gambling over fiat because of the convenience and security.

I personally will not play on a casino site with KYC implementation because I feel it is really of no use. There are other options of sites that do not ask for it before play, so I would rather play on such sites and if all casino sites makes KYC compulsory, then I might be pushed to stop online gambling.

But if the trusted gambling websites ask me for KYC, I will move to the other gambling websites because I am sure there are other trusted gambling websites which don't need to ask for KYC. I don't want to send any document to the gambling site because I don't think that is an important thing for the members to do KYC. Maybe KYC can be applied in another website out from gambling, but in the gambling website, I don't think that is a good idea to apply.

Filling KYC means we send our personal identification to the third-party which we don't know how good they reputation for keeping the document because when some data or document was upload to the internet, there are too risky to save than in the offline life.

KYC might be important on other exchanges and ICO because the essence is to check the activities of users in other to prevent fraud and money laundering but I don’t think it should be applicable to gambling. I doubt if anyone would save a huge money that has been laundered in a casino site in form of bankroll, that’s totally impossible, so why disturb gamblers with KYC implementation?

Gamblers always like to keep their information private and this is the main reason why many have stopped offline gambling to online gambling. There are countries that prohibit gambling, and those who gamble from such countries could hide their IP address and play anonymously. So demanding for KYC from them is like exposing them already.

It's become the pre-caution way in order to protect the owner from harm.
But in other side, it's annoying when people choose crypto as their transaction but they want also privacy.
Well, it's inevitable when the regulation keep evolving every time so we also need to adapt !

Well, everyone isn't like you. There are people who like to stay private. There are people who hesitates to share their details online, specially to some random people. You should be aware that people can misuse your identification information. You might be a victim of identity theft if your ID goes into the hands of the wrong people. What if the exchange database where you stored your information got hacked?

Yes you are right, some users do not want to get their identity to give in gambling sites for security purposes and so blockchain is already implemented so blockchain is enough already to stay away from.KYC.

However, if this is a mandate from.the government then it should be respected. There are minors playing online gambling and this should be avoided. Minors should go to school.instead of playing games online gambling money given from.their parents.

Anyway, I think there is no wrong in implementing KYC. This is just a way to.secure the platform. But is still the decision of the user to undergo KYC or not.

Yes, kyc in gambling site shouldn't obliged unless there is bad behaviour being done by user. I think, if a casino will ask for kyc at the beginning just before we make a deposit, such casino won't get many active users.

mostly the implementation of KYC gives the confidence for the people to stay safe for and if any problems for their going on you will easily trace your identity using the KYC method and they will also perform well and find the best person to give proper guidance.

The good thing with cryptocurrency is the feature.about blockchain technology where records could be trace publicly. So transactions is clear and transparent. This should be applied to a government system so that there is no need for an FOI (Freedom of Information bill) where one could get the right for information to access the government files or records especially in terms of.money.

I couldn't agree more, It's good that the gambling site is doing that because it only means they wanted to protect the gamblers as well from fraud. KYC is very important because it can make the gambler and the owner to feel at ease knowing that all people using the website has been fully verified. It might be bothersome to fill out but just look at the bright side of it of being secure.

I do not understand your point of view here. How can a  player KYC help to solve the players problems. Usually players face withdrawal problems, problems related to site and doing a KYC for a player / gambler will not help in anyway. Yes, we should have a KYC for the gambling site and casino so that every knows who is running the site and he can't scam or run away.

I do not mind KYC for a gambling site. If you are genuine and you have no intention to cheat or scam, then there is no need to fear of KYC.  Also by doing kyc, the people will not be involved in any illegal activities.

Implementation of KYC in gambling field gives the confidence and trust mostly everyone is is being little bit worry about the transaction but after the KYC verification everyone identity is verified so no one will fraud anyone that is the useful thing the importance of this KYC method.

I am favor on this, why we should afraid of KYC? If we know that site is legit and have a good reputation then, why not submit your personal data. Online gambling is mostly used cryptocurrency as a fund to deposit and since online it is prone to hack and scam and I guess having KYC/AML implementation is a big help to trace if there are fraud activities, besides KYC implementation is often now in ICO/IEO projects and I guess it is also applicable in gambling because we also talking money here.

Many casinos implement KYC to avoid getting a lawsuit for laundering since like in real life gambling, casinos can be places for fraud and other crimes.

There are still many people not comfortable with it though since it's possible for the casinos to sell the information. If established companies like Facebook has been shown to leak data just imagine some random site operated from god-knows-where by people you know little off.

Some people believe that if cryptocurrency is decentralized and the transaction is completely anonymous then people should remain anonymous too. Even if it is a legit website people still don't trust the system of passing KYC since most of these websites are being hacked and the hacker could easily identify them and use their personal information.

How can you be so certain that KYC would help know who runs the site? KYC has no business with disclosing the identities of the operators of a site but rather the visitors or client so it’s always better to have the understanding of a thing before dropping comments.  I would understand better if you said most sites that request for KYC are licensed and that probably makes it safe but that would have also been wrong.

Playing on a KYC site is not too safe even though the site might be legit, there is possibility of the site losing information to dark web especially when the website is hacked . So if you are gambling on a
Site with KYC regulations, be aware that you are risking your information.

KYC is not needed in cryptocurrency world and even in gambling place. I'll not register in one gambling place that need KYC to create an account and I'll leave it and find some gambling place that not need KYC. I guess if there is gambling KYC that need KYC to create an account especially in that use cryptocurrency I'll believe the gambling site is deserve to be leaved. And even there is no gambling addict who will create an account over there because we all know anonymity is something important for crypto users. 

But I don't think that is necessary for a gambler to fills the KYC because most of them want to hide their identity from the internet. They are playing online gambling with crypto because they can to stay behind the radar besides that, and they don't want to send any document to the gambling website. They still care about their identity and will not send any document for just playing gambling.

I dont agree with kyc procedure at all, I think crypto should be anonymous, no matter how legit and secure the site is, identity is a really important data, once it leaked nothing can stop the hacker to used it for a lot of purpose, if I want to reveal my identity then its better to used centralised gambling site, at least when I do kyc there is a law that could help me when something happen

I beg to disagree with these points. KYC regulations to prevent money laundering have no way it secures gamblers. It’s just a policy the government feels it’s necessary to prevent the activities of those who launder money and other fraudulent activities and I personally feel it has nothing to do with gamblers. Have you ever wondered how this protects the interest of a gambler? And do you think this is safe for a gambler? Off course NO

As a gambler, I love it when I play without my information been disclosed, I always loved gambling when I was much younger but because I hated staying in the gathering of people to play games, I avoided casino centers but I was so glad when I discovered online gambling, where I have t do it privately without having to tell anyone about myself. KYC is not of any use in gambling.

I beg to differ as well! KYC is actually a very effective method to prevent money laundering and it applies to gambling businesses as well. Crypto gambling accounts can be very easily used to park illegally obtained funds. KYC certainly helps to curb such kind of activities.

Secondly, the increasing number of minor gamblers are becoming a global issue nowadays. KYC provides a robust security against this issue. I personally think KYC should be implemented in crypto gambling business as well to fight with such risks!

It depends on the individual gambler of course. For you it's probably okay but some aren't at ease with providing their information. Some people find it more secure when they play anonymously. The sites where you put in your information can be hacked and kyc info can be compromised. That's what crypto casinos are trying to solve but kyc verification removes anonymity and makes some people feel vulnerable.

Despite the fact that kyc allow for the identification of the player on the site and give access to features without restrictions, it also important to know the kind of information you give out to random site because some scammer use this same information to either steal identity and use it to carryout illegal activities and that is why in the online gambling business players always try to avoid this process.

Yes.Although KYC is one of those security measures most casino sites are doing,but there are still a lot of casino players who prefer to stay anonymous by not complying to KYC procedure.There are still chances that those sites can be hacked making your personal information stealed by hackers and may even use in some other illegal activities.

KYC is important, but in gambling? I don't think gamblers would like it.
The non KYC requirement is what makes the crypto casinos and fiat casino different, we should not forget that.

One of the reason why we spend money on these online casinos rather than using the real life casinos is that there is added anonymity. And in case this anonymity is destroyed, then people may visit these sites less often. I can understand in case they ask for KYC if the user wins a very big reward. But to make KYC compulsory for all the users, regardless of their deposit amounts is a retrograde move. Or are they going to suspect anyone who gambles away $10 for money laundering?

There’s no difference between asking for KYC at the beginning of the game or towards the end at withdrawal. I think I even prefer those that ask for KYC before the game, so I can easily look for an alternative site that would allow me gamble. Those that ask for KYC when for withdrawal of huge amount are even the worst betrayals, this is why I ensure to go through the T&C of a site before gambling

KYC is not important in gambling, it’s not even safe for gamblers. Judging from the bad reputation of gambling, so many people call gamblers all manner of dirty names and some people even categorize those who gamble as unserious individuals and this is one of the reasons why gamblers enjoy to play secretly with their information hidden.

In gambling, of course KYC is not needed at all in my opinion. Because people play gambling just for fun without anything complicated. Just an example, if someone just first gambles and the goal is just to have fun. Is the person complicated by doing kyc first. In gambling doing kyc seems to be a waste of time. I have never played gambling on a site that requires members to do kyc first.

Kyc is important in gambling can't prevent abuse but it can't resolve all issues.

Imagine to play a poker game, a sit and go or a cash table game and a player is using 2 accounts, what happens?

He can abuse creating collusion to take advantage on other players.

Well the exchange knows what is going on right? They know the person you transfer you coins to or you receive the coins from. So I think a gambling site does not need to do that or at least you should not risk your identity for the money you gamble for on the site. There are people who do not want KYC on gambling site and this is why they just refrain gambling on such sites.

Honestly speaking, you have every right to be against KYC, and judging from the view of anonymity, I would say that you have a very great point. Privacy is a major priority to every gambler but lets not be too fast to put into consideration the main essence of these KYC.

The rate to which people launder money these days is really high, so many fraudulent people who disguise under the umbrella of a website which gambling site is inclusive, and if KYC is to prevent these activities then I feel everyone should be considerate enough .

I am a very private person and I enjoy to gamble without disclosing my identity but considering the reason for KYC implementation I will not mind filling the KYC form, the best is to gamble on a safe website.

It would not be necessary to do KYC in gambling. But with the rampant hacking that's happening in gambling world, that KYC would be the best resort to be done to minimize those kind of attacks.

Very good point indeed. I like the angle to which you came in, yes KYC is for a reason but the good reason is definitely not in favor of the player. So of what benefit is it for a player to risk his personal information to a site that there is no guarantee that it will not be hacked. Or how can a gambler be so sure that there is no other reason for this requirement aside the one they have made us to understand.

Truth be told, KYC implementation might be very useful in other platforms but I do not see the necessity of having it on a gambling site. I will never fill the form on any site, rather I would look out for other gambling sites that will give me freedom to play games without intruding on my privacy.

I'm not against with KYC because i fully understand that it is only for security measures for the player itself and the gambling site. But i still think that KYC can be fake too by giving them personal information not even related to the customer itself. The reason that are most gamblers avoided KYC and only play to those casinos who don't require KYC.

things may be different later on. there are states that online gambling is banned and most importantly, they prohibit kids from gambling and so the reason there is kyc. of course like you hates it and will move to another online casino that doesn't ask documents. its all up to you but then there may come a time that we may not ever see a gambling site that won't require KYC.

Some country allowed gambling but there is a condition they must follow and that is to prohibit kids from playing under the age of 18 for example then that means even if it's allowed but people who wants to gamble but still under 18 years can't play or gamble in the casino so they'll need to implement a KYC to avoid their casino having gamblers who's not 18 years old above that is why they have a law about it.

I don't really see any important reasons why anyone should go for a KYC when signing up on a crypto gambling site. These are crypto sites and the main purpose of cryptocurrency to keep users anonymous, and cryptocurrency doesn't require giving any information to receive or send payments, so why would anyone be telling you to do KYC on a gambling site? I might agree for exchanges but not on a gambling, that u disagree with. All I need is just my email and a password to sign up and have full access to the site. Any gambling site that is asking for KYC is likely up to something, and KYC doesn't mean that a site is legit.

They have all the right though as its their casino site, they however can't force you to submit your information. You can join to another casino site for that matter. Of course they are up to something maybe avoid the cease and decease order of government incase the government find them catering kids customers.

Yes. Sharing personal details with a third party is what no gambler would like to do and these gambling operators would not bother to put us into consideration.  I don’t think it will ever get to a point where all casino sites would ask For KYC and if such time comes, it means sending many out of online gambling. For someone like me who is hiding my identity to gamble because gambling is illegal in my country, it would mean Good bye to online gambling for me.

I hope this KYC issue is corrected as soon as possible because it is becoming more serious by the day and I am becoming so uncomfortable with it.

Giving out personal information is never been a convenient thing for us people who do are really serious on hiding their true identity online and that's
why Kyc is always been hated nor not being preferred by majority.Gamblers came from traditional fiat platforms do switch out on crypto due to this
issue since crypto gambling sites do give out that benefit on hiding yourself without the need on complying these rules.If one day it would be a requirement
then it would be a big mess up for most gamblers.

KYC is needed for gambling since some of the casinos have bonus offers for first time players
The casinos use this security feature to help prevent multiple account deposit abuse - it is not to steal your information.
Tell me what a tiny island in the middle of nowhere wants with your picture ID

Still adding KYC features on gambling site not recommended to find the scammers on their sites. Instead they can give the IP address access limit for each users on their server this can solve the multiple user problem.
I hope you may answer many people can stay in one IP address as well. It is not valid answer to have the KYC verification involved.

You can't enter a casino when under 18 so I don't see why there should be different rules for online casinos.

The impact is not more powerful but the implementation will really gives the confidence about their security by the help of k y c method and I think it performing well and it definitely needed for this gambling field otherwise we cannot know if the problem is happening or not for our security

You are a legend indeed.  You made the answer so simple, sweet and easy to comprehend. I am truly impressed. I almost vowed I would never fill a KYC form on any casino site but then will I say I am beginning to have a change of mind?  Well I understand the angle you are coming from, crime rate is truly high in all online platforms and also KYC is to prevent minors from gambling, so it’s bad if I  fail to look at the very major reasons for the new implementation

I love to keep it private gambling also, and it’s always embarrassing to me when I find casino sites asking for personal sites though I see that the intentions can be genuine, especially when I know so well that I am on a well-known casino site but my only question now is this. What happened to people, genuine gamblers that would have easily filled the KYC form but because of the status of gambling in their country, that’s those from countries where gambling is illegal, how would they fill KYC.

But online is completely different even if the gambling sites were asking for KYC to restrict the under age people to enter into casinos they might fake the details and will enter the sites.But KYC often used to stop the rewards to go into the hands of legit winner.

Casinos are usually used as a bitcoin mixers, there are a lot of facts when someone deposits 2 bitcoin (for example) and then immediately witbdraw, it's most likely money laundering option and if in future there will be demand on that man,casino owner will have KYC documents and will know who and when did bad transactions. It wsn't availabe bit lately everyone had to integrate.

I think the implementation of KYC method is really giving the confidence for everyone but this case also it need to be properly regulated for every gambling sites because after this implementation will be lots of difficulties to gamble by rats of people that's why I am saying this

Well KYC is an antimony laundering procedure or a part of the AML which is being a part of many gambling sites to make sure the money is not involved in illegal activities not allowed by the jurisdiction. The exchange of course knows the gambler who is paying the money from his wallet to the exchange/another gambler but the gambling site requires this as well for it makes the system transparent.

Agree, stay anonymous was the initial definition of cryptocurrency, but involving KYC will make it behave like fiat. Gambling with fiat wouldn't require anonymity, becasue it's basically fiat that's involve here, but whenever cryptocurrency is involve, there shouldn't be any form of KYC. My identity is very much precious to me, frankly speaking.

I don't think it's necessary unless they just implemented it for overcoming the problem of the fake account. if they know that you are a real user and are active on the casino playing regularly or maybe after some days then also they can focus on you. that will help them improve their site even more like they can make their site according to your needs without even asking you about it.

Me too I don't see any importance of implementing KYC for the players because gambling site are not affected because we are player and we play gambling by our own money not their money. I don't see any advatanges for the player and even benefits of requiring to follow KYC that implement by the gambling site. KYC is for the project is better and do not use it anymore to the gambling.

right, gambling is provided for people who want to get entertainment and pleasure, if someone wants to gamble on several sites by doing KYC first, I think everyone won't do it because it's just a waste of their time even too complicated to do, maybe people's interest will decrease if KYC can be applied to several gambling sites

That's right, we want to stand anonymous all the time and keep our privacy. Doing KYC for gamblers will simply giving a way for them not to gamble with their site instead, they'll find another that never require any KYC submission. Mostly gamblers are high profile people, keeping their identity is very important knowing that some people are taking advantage over their personality using them into some illegal activities that bring them into in danger.
For me, KYC isn't important in gambling.

It is a choice for a gambler to do KYC or not, it is our call also to keep our identity still anonymous to everybody or not.
But I've never thought that gambling site will highly required players to do so cause they'll know what possibly will result giving the doubts that they'll be using it into other activities. That's is commonly a question for everyone submitting KYC and it for sure, not a guarantee that it will keep safeguard to their funds.

This is something will play in my mind and some gambling sites will do require KYC before we can withdraw our funds.  I'm will not be going to worried of submitting my KYC especially when we know the intention is good.
You're probably be right,  it is our personal discretion if we give it or not, nothing forcing us to give though.

That assurance is not enough for a gambling site that your a real player. KYC can be asked if your money is beyond the limit and I think being a gambler who always play are not exempted from this. Its important for a gambling site to collect the data of every gambler if they are withdrawing huge money because it can help them to check if you are the real owner or not.

So what exactly is the transparency in harassing a gambler who wishes to keep his activity private all with the aim of meeting up with one crap policy that regulates money laundering? Is this even supposed to be for a gambling site, Now my question here is this? Who is the suspected money launder? The gamer or the casino site itself and how does this affect the gambler?

Truth be told and realistically, even the casino site operators understands the aspect of anonymity for a gambler, and they know so well reasons behind gamblers wanting to keep their information secret, so I find it very annoying when a site brings in bull shit reasons for the importance of KYC. It doesn’t benefit a player in any way.

I think that when money is involved KYC is one of the most important to have in all sites even in gambling sites because it matters most the jackpot to who who will be the winner. I think there is no way to doubt it or hesitate on it since it is much more good when they know your identity. It is very transparent to all and there is no way for saying "how come I lose? I was fool by the site at this moment" lol  ;D Anyway it is my own opinion, I respect the others opinion.

I know we have been getting access to most of these crypto sites without the need of KYC and got a little comfortable.....maybe a whole lot comfortable.
But do we need KYC? Yes and No!

For the No, kyc is very unconvincing especially if it's not mentioned when registering and only communicated to you when trying to withdraw after having a good day of gambling.

Then I have observed that kyc is usually extended to gambling platforms that accept fiat as a means of funding your account, so companies do this to prevent fraudulent funding, protecting those under 18 years of age, which is something likely to be part of their licence agreements and generally protect their image and money.

TBH If you still not comfortable doing KYC maybe avoid gambling sites that accept fiat as a form of funding.

I agree, because most gambler need also a privacy. If you notice that there is kyc require just choose another site, if you dont want a kyc. Its better to secure your personal that let others know if who you are. In gambling its not so really important because sometimes you gamble just for spend time, and youre not expecting to win.

There will be many other sites which doesn't use KYC for their member because they respects of their member privacy and they don't want to know much more. But that will be back to the gambler itself, which one they want to choose and no matter if the site is KYC or not, as long as the gambler can enjoy the game, then it is fine.

All gambling sites are compliant to the country where they are operating, this is why they asked for KYC this applies when there is a big winning involved I prefer doing KYC to stable gambling sites, then an ICO project, it's safer and you know the life span of gambling sites last for many years.

I know that it is important to know our customers, even in casinos, it is better if you are the owner and you know your customers, that will get you more since you are nice to them. But in online gambling, I don't think we should be needing one. I mean one of the reasons why people are using these crypto currencies are to keep their identities from being known, they want to be anonymous. I know that there are reasons for these but I will go with a gambling site without KYC since I want to gamble anonymously, it is the reason I want to use crypto currency.

People had conflicting views about KYC on gambling sites, but for me, it's better  they asked KYC if the winning is above the threshold to withdraw justliek they do in exchange, if the winning is only $100 to $500 then it is ok not to ask for KYC, bit if it is above $3000 then they can ask players to do KYC.

Exactly. It’s optional and that is the reason I would not even play on a KYC site to start with. As a matter of fact, I think there are more sites that do not ask for KYC than the ones who do. I  can see that you have no problems with KYC because you are putting the reason behind the implementation into consideration but have you given a second though on what impact that could be on you if your information is leaked out?

I personally feel that the time I spend in filling the KYC is a waste, could be used on better things and in some site with poor service provider, there is tendency for delay in verifying the identification.

KYC regulation has nothing to do with checking for fake accounts. The main reason is to control money laundering and fraudulent activities and moreover I don’t think there is an exemption for anyone, there is nothing like checking if you are regular or not a regular player, a site that needs KYC info would do that to all their players, I think it’s important for us to get that straight and right.

I think the only times there are exemptions are for sites that do not ask for KYC on their daily basis, only when a player has a huge win and they probably do this for both the security of the play and the website, and it’s always understandable in such cases.

In my opinion kyc is not a problem if you are warned about the website kyc policy when you are creating your account.

The worst thing is to have a kyc surprise when trying to withdrawal your funds.

Can you give me one good reason why you feel KYC is required for money above 3000$ ? Because for me, I think its not necessary at all regardless of the amount in question since gamblers enjoys their privacy. If a casino site deems it necessary to ask KYC from gamblers who win huge amount of money, then it should be made compulsory for everyone because as far as I am concerned KYC is KYC

If I won a huge money on a site and it starts asking me to fill kyc before withdrawing, I would angrily leave that site with the money, but I can bet that the damage I would make to the reputation of such site would be worse than the money they hold behind.

I agree. The reason why i love to gamble using cryptocurrency is its idea of being anonymous from your co-players especially in online gambling. I understand that KYC is just for security measures but i still think that this procedure is not really essential as it gives more hassles on the part of the gamblers.

No, KYC is not necessarily on gambling because that is not involved in money laundering related case just like investing in ICO's project that it should have been passed with KYC. Correct, being anonymous in gambling without knowing with someone else and hide your real identity is a good idea. Just like me, actually, gambling is prohibited in our religious group but I can still do it on the internet and they even know.

I beg to disagree make, if you say the essence of KYC is to control fraud then you should agree that it’s a way to check fake accounts and fake account holders are mostly people who create account strictly for that purpose. Majority  of them do not gamble regularly, so it is possible they do it when it is time to carry out the act of fraud and then they will claim the money was gotten from gambling.

KYC the site have the database of all its players and especially the record of those who have won big amounts from the casino site for reference purposes. So if you a player has a clear conscience, they would see nothing wrong with KYC.

Since kyc is the only way gambling sites can know their customers, I did not see anything wrong with that. You have to know the identity of the people you are dealing with in other to take necessary steps incase those people behave dubiously.

I don't find anything specific for KYC, and I don't know knowing your customer and being dubious has some relation. It is completely contradicting, and particularly when you gamble you are just spending on and if won you get credited with the winning. What's there to be doubtful on the winning and settlement to the respective wallet from which amount has been spend. If something is doubtful then its the failure of the website and there isn't any need for KYC with gambling.

Like what online gambling players behave dubiously, I think every gambling site has its own security system if something is suspicious maybe their system will automatically work. KYC at gambling is not really needed and every player must have their own privacy and have a reason to play gambling online, if they only play to spend free time whether it becomes a suspicion and I don't think so, because online gambling is a freedom for most of their governments prohibit gambling.

If the Gambling site requires KYC, it should state it at the time of registration. Those sites which do not enforce KYC while registering , deposits and playing on the site but requires KYC before withdraw are more likely to do scam and you should avoid such sites.
KYC is good if you want to track the players in case they try to fraud or try to break any rule etc.

We all know that KYC is a security measure, but there also stands the risk of getting our documents compromised if the end party (ICO, Exchanges, Airdrops and Bounties, etc.) has got something fishy in their mind to do with them. I'm not blaming that all are bad, but trying to get a trustworthy one is like finding a diamond in the crowd of charcoal, especially if you're going to give them to an ICO company to make some extra bucks by joining their airdrops / bounties. For those free coins (that are just speculated to be having a value they promise while asking you to register and do a KYC as such coins are yet to come over an exchange), we should understand that we're giving our precious details which one shouldn't even send to anyone accidentally due to the fact that such confidential information can be misused to any extent and behind our back.


If KYC becomes mandatory in gambling, I guess I'd stop doing it as what's the privacy about if we're to be asked to share our details even with a gambling site where we wanted to stay anonymous?

Would you mind sharing that gambling site's name here just so that we see and learn what are such procedures being carried for?

P.S.: KYC may be asked by some of the reputed sites just in case they doubt it's not you and someone else trying to redeem money from your account. In cases where the withdrawal amounts are higher and as there are withdrawal limits (some have daily and others got monthly), there may occur a need for you to provide some proof in the end to get your money withdrawn.

Usually these kyc process do happens only when theres a player who do have possible fraudulent activity and this is the only time I do see

valid for these gambling sites to ask such verification but talking before registering or before making withdrawals then this site is shady.

First of all KYC perhaps should go for both parties in some way.
Second, KYC is essential in a way to prevent or perhaps more important act against scamming yet again innocent users should be able to preserve their privacy, the privacy of their funds and their doings which such methods can complicate at times, most of the ICO KYC requests end up sold in darker markets than we know.

So most of my worries about KYC are about privacy loss on people that deserve or need it. I has no support towards specific opressor behaviour such as the one usualy excercised by governmets or unlogical organizations.

Let me give a short illustration, if as a business owner you do a carry out Giveaways as a way of promoting your business? Don’t you think it will be necessary to have the information of the winners of those giveaways? This will be the proof you can also have to tell others of your genuine. That is the same thing with KYC for big winners in gambling.

I think this is the same thing with gambling, the industry will need the information of the winner since most people don’t believe that its possible to win big, the information might not be displayed but its safe with the site .Its not a bad thing to fill KYC anyway, just few questions asked.

Right, being anonymous is the main reason why gamblers use cryptocurrency, they take care of their personal that much that they become skeptical when a site is asking KYC, also aside from that, KYC tends to become more complicated at times and it may ask you to send it over and over, for me, I don't really like KYC because it ask personal information and it isn't that friendly.

Having KYC is good because it tends to protect us more and make us safe and secured. But KYC in gambling makes me really think not that important because having to submit our personal details does give us hassle and the fact that we are doing it again and again makes us think not to gamble with that site.

When it comes to huge amount of deposits,i really support to have KYC for that.I still believe that it can be very helpful to maintain security measures on our part and on the site alone.Although we find it hassle most of the time,but it's an advantage for us  gamblers to be more confident gambling with that certain site.

I don't think that's neccessary in gambling. There are already kyc free gambling websites out there and they are already operating for many years. If a kyc required gambling business would be built in the future I doubt it will become popular and will earn huge profit.

Well, if a gambling site requires KYC info, I am probably not going to play. I live in the US and AFAIK, the US does not consider it legal to offer gambling online to its citizens, unless the are abroad. also, in the US, brick and mortar casinos are required to gather KYC info for AML purposes if someone tries to cash out 10000 USD or above, in one day. It has been a while since I last cashed out so much; but I recall them asking for my ID; they recorded the transaction and my identifying information  in a log; and I believe that I had to sign for it.

Yeah, there are so many good options for us not to fill-up the KYC and they don't need it because we are just playing for fun and we are playing on their site because we don't want to give our personal details. If KYC is being asked for a new gambling site then for sure they will not succeed and they will not last in the market, gamblers don't prefer to play on that kind of gambling.

You got this right mate because there’s a lot of issues from the winners in some Gambling sites that KYF has been used to hold their money .cases that at first players has no idea until they become a winner and was asked to present this KyC thing to claim their winnings

AFAIK, users who are asked to send their data to be able to withdraw their money from gambling sites are because admins detected inappropriate behavior carried out by the users. Whether it's alleged for cheating the game or alleged for money laundering business, for example. Btw, as long as we gamble on gambling sites that can be trusted and they don't apply KYC as the requirement for all members, we don't need to worry even though we win a lot.

Yeah, actually what is important for a house with your identity? they don't need anything that requires players to do KYC after all, many players gambled with crypto because of anonymous factors right? KYC will not be suitable to be applied in gambling sites, there is no importance at all

Expect for these kind of instances where KYC can be possibly implemented out on certain gambling sites and most definitely on Fiat-based on line gambling sites but even on crypto based ones can still asked out some documentations basing on some certain conditions yet this had been always mentioned into their terms that anytime they would possibly ask those informations if they find out some shady stuff on you.

I'm not a gambler but if you are only gambling online, I don't think that giving your personal information to people whom you don't know is the right choice. If the gambling site is regulated by the government then it is better at least because if there is something wrong in the site, the government can easily help you. In this case, we are in crypto world and I will assume that it is crypto gambling sites. I personally don't like crypto gambling sites that requires KYC.

But it is easy to falsify documents these days. If someone will actually put that money in gambling business, he would make sure that it won't fail. He will secure all possible loopholes. Unless thorough investigation will be done by the gambling owner, I doubt that he will be identified for what he did.

I'm not supportive of KYC but there have been so many occasions where the bettors made a lot of money from playing the games and since these gambling sites want compliant and transparency that they want to know who they are going to pay huge amount and wants to keep a record on who got a huge winnings in their platform, in case authorities check the record for compliance, that is what I understand.

KYCs defeat the purpose of online gambling as it removes the anonymity aspect of betting. Supplementing your personal information renders a risk especially that gambling websites are prone to malicious hacks and scams.

In my opinion, the purpose of KYCs in gambling sites may protect the security of these websites especially that they have control as to whom is playing on their games. This may be an extra line of security provided in the website but with the expense of having fewer gamblers.

Overall, if the gambling website has a KYC function, it is best to avoid and look for another website that offers no KYC system at all for your security purpose.

I guess the gambling website will not do a thorough investigation for their customer because they only need the customer to give their document just in case if they will do investigate in the future especially if their customer breaks the law. If someone has already broken the law, for example, doing money laundering, but he wants to play gambling with that money, he can use the fake documents so he can avoid the investigation.

But I think that person will not use the gambling site which needs kyc and he will search another gambling website for gamble.

To really talk about KYC on certain sites, then you need to initially find out what motivates the administration to make such decisions.  In my opinion, gambling has nothing to do with money laundering, unless of course the administration itself is not an intruder.

Luckily, I also did not encountered yet a gambling site that requires KYC upon signing up or, before depositing and withdrawing the fund. However, maybe there are still gambling sites who just have a clean motives not like others may think. We have different opinions about the KYC thing but for me, as long as you can deposit and withdraw in a gambling site there's no issue about it

Basically the importance of KYC in gambling platform's cannot be over emphasize since a company would like to know their customers while playing games on their platform's. But does that actually matters if you as a gambler you don't trust the platform's? Actually NO and if that Doesn't matters then your privacy matters because they can sell off your data to other parties.

It is good if KYC only applied when a user withdraw above 10BITCOINS. It is important in order to prevent illegality. But ordinary users who just withdraw below 1 bitcoin should be exempted.
By that, we can say that KYC will only work for preventing illegals and will not be used as a tool to imitate the identity of every user.

Privacy matters for crypto gamblers that's why we choose to gamble here .
Things are simple, so we should make it simple, there are gambling sites who requires KYC and if we feel we can't trust them, we should look for a gambling site that does allow customers without KYC verification.

if I remembered correctly, one example is Edgeless, they are a license casino the token was hype before, but when they require KYC to gamble, they loss their popularity. I think that gambling that does not require KYC will be more successful in the crypto gambling world.

Gamblers are scared of giving out their information to third parties website because of the fear of selling the info to government or in the darkweb. Privacy is what I personally can't trade because its all I have to secure my future and my.present, so, wouldn't love any gambling platform's that accept KYC before gamble.

KYC is mainly focused on identifying the person if the authorities suspect them of money laundering. No gambling site would be willing to mess up with the CIA and KYC is shared with they if they found any large movement of money. For some gambling sites, it's also been a way to give large winners trouble withdrawing their money or even to scam such large winners. That's why more and more people are moving towards KYC free crypto casinos.

It is a good idea to check the terms and conditions because we can see what the pros and cons and we can try to obey the rule. We can avoid what the don't so we don't have a problem in the future. If they still need kyc for their members, then we can skip registering on their website and we can search for the other gambling website. Yes, we need to stay anonymous when we connect to the internet especially in gambling because we don't want to see other people know what we did.

its completely understandable but everything is changing right now, we know that in this generation privacy is literally not a thing anymore. we can use exchanges even if they do not have KYC verification. but still, where ever money is stored we should do KYC as it will ensure the security by providing an extra security layer of user details so if someone is messing with the system we can easily spot them without going through a lot of tracing work. Btw it also involves data logging in it like when did you last logged in etc.

There are lot of benefits of kyc which cannot be denied but the one disadvantage of KYC of leaking and misusing of the confidential data is way too big which make us think before we do kyc.  Gambling can be done without KYC so people do not want to risk their information and identitty disclosure.

Would love to know your reasons for this I have some reasons why you don't want to check out gambling site but still need to be clear from you.
Know your customer is not that bad as its been spread

It provides legitimate information to gambling site profile that you had registered with them. But some gamblers didn't want this to be part of their additional task. They felt unsecured compared to the usual freedom of being an anonymous gambler, and now whole thing about the identity will be totally transparent. This implementation was now a mandatory requirements for those who follow the right protocol, and I think it became so important due as part of government regulations.

One of the biggest advantages of KYC is in terms of the security of our assets, but we also cannot rule out our data security. I think KYC is still in gray thinking, so I can't give more opinions about this.

And I think the OP is feeling annoyed because it can't play gambling because it's limited by KYC. I think this kind of policy on the platform that publishes KYC must be removed and replaced by doing KYC when you want to withdraw funds or be given a limit on withdrawing funds to do KYC.

For players?KYC wasn’t important because we already has a control on our account unless there’s a leakages on the gambling sites for our account not to be safe because there are som issues of inside job .but all In all?we don’t need KYC specially in claiming big winnings because we are here for privacy and now these stances will only reveal our personality

Yea its granted and understood that it is to prevent money laundering but in a gambling site, I thought  about additional safety measure for the owner like to prove if the player is having the right age to play the game because it involves money. This is a gambling site’s responsibility to make sure about this matter too to prevent problems and regret in the future.

There would be no problem if they don't want to be regulated, KYC is only for regulated casinos and I think gamblers in crypto choose to play here because in fiat gambling, KYC is compulsory and here they can gamble without revealing their identity. If I am a gambler who doesn't gamble much amount of money, I would choose crypto non regulated site as I feel more secured and safe because no one knows about me gambling.

Are you serious?

So you don't have any problems with sending your passport scan to some online casino which you don't know about its owners at all?

If you are so chill why don't you send me that scan? I promise I won't do any bad things with them. If you are going to reply with "fu" then you should realize that's exactly what you are doing when you accept KYC.

Kcy is important to know the true information of the person who registered the sites and to prevent multiple account or fake account.

It's only from site's side, how about player/user's side? Is there any advantage to you or us while we give our ID to online gambling sites? Are you sure they will not do anything illegal with our ID?  Obviously you can't be sure whether they will do with our ID, that's why i don't see any reason why KYC should be implemented, especially when you are in user's side.

All the casinos operated under Curacao or other sub-gambling licenses have no rights to ask for KYC from any of their players. If they do so, the site is a scam and players should avoid it.

KCY? Really cunt? It is important for the operators to know who uses the site but not the other way around that is the customers should also know who owns the site?

If most of the casino's will implement KYC, there will be a number of gamblers will just go to the traditional sites where they can gamble with fiat since the purpose of gambling with crypto has been done.

Many have migrated to crypto gambling because it doesn't require everyone to pass on KYC but these days are changing.

I think the gambling casino also  do not want to implement KYC, but if the crypto is regularized throughout the world and KYC is made mandatory then everyone will have to do kyc for gambling and trading both. If kyc is to be implemented world wide, steps should also be taken to keep the personal data secure.

Why not go for gambling sites that do not ask for KYC, if you have the need to play a game immediately, there are a lot of KYC less gambling sites and they are reputable and their platform is also provably fair too, I'm also not a fan of KYC in gambling sites.

From what i heard it is all about regulation, of course gambling site wouldn't want to make their customers dissapointed with something that make their customers difficult. But regulation force them to make KYC. And by the way, have a lot of account in gambling site i don't think it is bad because some people think new account give them bigger chance to win than old account.

Many new gambling sites may not ask for kyc and it will not be wise to leave the trusted gambling sites only because they ask for kyc and risk your money at the new sites.
For me, if an old trusted sites ask for kyc i will prefer to do the kyc rather than moving to other more less trusted site.

Every gambler knows about how disgrace KYC is all about. Thus, every gambler wishes to be anonymous as much as possible to the platform that they are using. But since government requires every legit gambling platform to have a KYC process then following it should be made as it will benefit the welfare of the community who join the gambling platform.

Thus, the process will help identify the minors on prohibiting them to gamble. Aside from.that all possible irregularities can be traced down having the identity of the persons involved.

Personally I am not a big fan of KYC. But unfortunately I have done KYC verification on few exchange in order use them. However, I am bit confused what you mean by "gambling section". If you mentioned this forum section then it will never happen. So we do not need to think about it. If you mean gambling websites then I will not support it especially for crypto-currency related site. It's not necessary to play.

Yes, kyc is not really important in gambling, but if they have strong reasons and can work quickly, I don't think that is a problem, because in your case it is clear they cannot work quickly for certain reasons, if all gamblers get problems like it will not be good for this industry which makes users not have the freedom to play because they are constrained by the kyc itself. Anyway, gambling is a game to get pleasure for some individuals and not all individuals make gambling as a job or an income.

It can be done since there's a lot of gambling crypto sites who's not requiring any KYC procedures, you can simply deposit and withdraw your capital, find time to read every information about your choosen gambling house you are already inside crypto so make a good use of it.

There can be factors that there were forced to do because their gov't required them. And if the gov't steps in, they have to do it whether they like it or not. But KYC implementation worldwide, I don't think that it will happen.

If most of the countries will agree with that then we might see that in the future. But for now, needless to say that we are far from that kind of scenario because there are still reputable casino's that never do that.

KYC is fine as long as they can protect the member's documents, and I am sure the members will want to complete the KYC process. But if the gambling website cannot give protection, then we need to search for the other gambling website which can give that. Our data is important, and we need to secure for our safety.

It's their job to protect if they require KYC, and they will only require KYC if they are regulated as it's a basic rules to have KYC every time a service cater for money, like gambling sites of course. Regulators are most concern on the illegal activities such as money laundering, so we gamblers have no choice but to comply if we want to play.

Don't worry, if gambling site will leak our information, we can sue them and they will pay for the damages and might endanger their license.

KYC is important,but only after you register an account.Not before withdrawal.This is really annoying.You wanna get your coins and you have to send scanned IDs or ID photos and the customer support or the automatic ID verification services can't accept the ID photos,because they are "blurry",while they are quite clear.I hate that shit...

Bitcoin surrounds the notion of anonymity, I'll avoid kyc just so I have not never have confusion on if I sub my kyc w/ inconvenience

In add casinos will lose rev and would have to expend in detail for it losing much of it my 2 cent  ....

You sure that people want to complete the process of KYC? there will be few that's willing to do that but I think that majority aren't really okay with KYC but if that's being pushed by the casino that you're staying then you have no choice but to obey if that's part of their change. Knowing on how they can secure the data of their customers depends on how they are willing to disclose their security.

Same here. I hate to see the KYC emails because it will become a pain to check all documents one more time. KYC should be easier for gambling sites but gambling sites forces the gamblers for sending the best quality photos of the personal documents. Scanned documents were not accepted last time due to the lack of ID corners on the scanned file. That nightmare was real, unfortunately. The deeper points are more scary for me, there are no exit from the scam projects, unfortunately.

Honestly, KYC is not important in gambling site even after register and that's only if something fishy or huge money is not involved. Any gambling site which asks their users for KYC if something fishy is not been notice or the fund won or withdrawing by the player is up to 2BTC is actually abuse the KYC gambling site KYC procedure.
Mind you, windice don't have such situations.

Seems like the wisest route is to preempt a surprise check for documents or whatever by clearing the account to begin with, dont play big money till thats out of the way to avoid the possible freeze of the account.   It would be best if companies themselves suggested or allowed for this option.
   I dont see why its a thing anyway, if the account were funded via card especially then all they have to do is reverse transaction to remove themselves from any responsibility for source, handling of cash from unknowns or laundering legislation.   Its common place in finance to always reverse card transactions back to source, hence the balance in net is a zero transaction and any blame for movement of funds remains with the account holder.
 

This is the first time I heard that a gambling site requiring their players to submit KYC. Where most of the time the loss for the players is high chance for them not for the owner of the gambling platform. This is ridiculous actually, I think with this rules no one will partake or attempt to play in the gambling in which has a KYC requirements very unsuitable for the gambling players.

As far as I'm concern most of the gambling section are not implementing this concepts of kyc.
In fact, KYC only applicable for the investors and bounty hunters and to all centralized exchange as well but
not in gambling site, because being a gambler is not a type of skills that to be consider compare to being a
crypto traders.

That's correct because when they implement that, it would be a downfall of their business, the trend now is no KYC and everyone can play anytime without supplying their real information. KYC is only important if the gambling site is fully regulated, if not all casinos are fully regulated, of course we will choose the one that gives us privacy which we can gamble anonymously.

If the casino is proven to be a trusted brand n the online gambling industry, I don't see any reason to refuse their KYC procedure. But in the case of igaming sites which aren't yet established and proven trusted, KYC can be risky for players.

Here's a Bitcointalk thread about why crypto players hate KYC procedures in online casino: https://bitcointalk.org/index.php?topic=5136360.msg50780694#msg50780694

But that's kind of the exact problem with kyc in gambling, that it is enforced AFTER money is deposited. I have no problems with sites that ask right away and upfront. Then at least people like me who never want to do KYC if possible, we can see this and we can go elsewhere. I choose the sites that don't do kyc, so I never have a surprise at the end of the day when they want to kyc my ass on some random suspicion they just made up.

Well, you have a point there. I do not hesitate my self to comply KYC implementation if that gambling site platform had already built a good reputation here in the forum and at least they are operated at least 6 months old is enough to insight whether they are legit or not. Indeed, the KYC procedure is very risky to the gamblers that might abuse from fake the gambling company that the intention is to fool people and gather personal information and sell into the dark web for their own benefits.

KYC, in most crypto's casino, will be asked only on rare occasions, mostly due to suspicious activities carried out by users. Overall, we don't need to worry too much about this KYC procedure in the gambling business. As long as we don't do something bad, we should be fine!

Unfortunately, although the identity sharing of customers in the gambling industry is not perceived as secure, it is unfortunately important. It is particularly important that the gambling company or service recognizes its own customer and that it contains customer information in the event of an illegal situation. Of course, it is also quite normal that the user does not trust such services or that documents such as identity and passports are not sent to such services. It is important to know that for the safety of both the player and the playing party, it is important to know the customer well and to have documents about that customer. We, as a customer, should complete this process without any inconvenience, but only by using reliable services.

Perhaps online casinos should have certain levels of KYC verification like many exchanges do. I really do not see why the casino would need kyc information if the player is a small bettor. The only time that a real world casino gathers KYC and AML information in the US is if the player attempts to purchase more than about 3000 chips or cash them in.

That's why crypto casinos are suitable for small bettors because in fiat casino IIRC they have a high minimum while in crypto gambling site, even 10 usd, you can enjoy gambling especially in dice where there's a very small minimum per bet.

In sports gambling too, there's a big difference as a small bettor who likes to enjoy betting on sports can bet at 1 usd per bet.

Lol some legit gambling sites here are requiring KYC as well specially if the winner gets jackpot or something related to that

But I support you that KyC must not get involved in crypto because we are here for privacy and we cannot have that if they will require our personal thing to present

It seems to me that the provision of KYC should be associated only with the amount of winnings that the gambler wants to withdraw from the gaming site.  If for example the amount of funds exceeds $ 2,000 or $ 3,000, then you may be required to provide passport information.

I don't support this idea in a way and it's not helpful. Let's say I want to withdraw I can avoid kyc by withdrawing within the limits as many time as possible just to beat the Kyc so I don't think it's gonna work

I believe that KYC is required for the gambling sites mother prevent to be accused as form of money laundering place.because we knew how big money is running in very gambling sites and government is watching them.and for me I guess that’s for transparency as well from the bettors,winners and also the management

$2000 or $3000 still too small to required our KYC. There are some sites (not gambling site) which give us no KYC if our daily withdrawal is 2 btc or equal with $20k atm. Why should i playing on that site and provide ky KYC to only withdraw $2k - $3k?

As it only be required for a big to those who have a big amount of withdrawals but sadly its been asked to all after registration either you just withdrawing at minimum amount. I don't see any instances that it become mandatory to all but we can't do anything but to follow their rules and regulation or we just be rejected and can't move our funds into our wallet.

Its a bit off as for its getting popular because of "Safety" and "Security", they wanna keep track on all records where the money is being sent, almost all of the gambling sites does have this feature, though there are still some sites that doesn't require this as for they're just some simple games, but still requires email verifications.

Its just a matter of trust as I can think of it so, its better to do it with your own risk.

Nope, Kyc is not needed in gambling in my opinion. And you're right it is only use most frequently in a ll centralized exchange.
And I never see a gambling site that asking for their players to submit Kyc before they start to play in the site.

Yes this is part of the reason why gambling sites are now implementing KYC though it's not all but there's some who's asking due to some regulatory needs, they are also placing this in order to avoid money laundering just to add from those information you provided above, if the gambling house are inside a jurisdicted place they also needs to comply with laws, if they required  KYC then sites owners need to implement too.

Yes I know that they reasoned about security, then why did they make a crypto-based gambling site, if they finally violated the basis of crypto anonymity. Crypto was created for p2p, where one can transact anonymously. Then the gambling site has violated the crypto basis, then what's the difference with fiat if the rules must be KYC.

. Yeah I know some gambling site don’t ask for  KyC but I think it is good to submit the KYC for the cause of safety if they will be afraid of it I am sure no gambler will dare to cheat or scam mostly fiat casino use to ask for KYC but the digital casinos stays online and because of Anonymity they don't ask their gambler to submit KYC.

what I feel about the KYC is in gambling field the security is the most important part in every gambling sites so if any problem was gone on that field it will directly affect the money transaction so if we find what is the problem is then we need some details about every one that is the implementation of KYC so it will be very good for everyone

This will give the betting site a transaparency originating from their players who had betting with them a few occurrences may happen to betting site whose conceivable of numerous scammers who tried to deal with them on crucial periods. That why it really needs to be regulated as well in order to be more secured on betting.

Security over privacy, gamblers can choose, for me I would choose privacy and if my account is compromise, I can accept the loses as I don't spend much in gambling. Whatever makes us feel comfortable we should do, KYC should not be compulsory.

Depends on where you are betting. it is not possible for you to give details of your information to a betting broker website. because it's very risky for yourself later. we don't know what the data will be used for. and the purpose of the Kyc is to show the user's location and the legality of users using their facilities. i would think twice to do kyc in betting sites. there is tons of websites that will provide better services without doing kyc or giving sensitive information.

Transparency for the sites to originate their players?lol every account in their sites Stands as is on that concept so there’s no need for KYC..they can distinguish every players in their respective accounts created of that specific site I don’t know what you mean by originate

This was just being abused by the sites since some of their policy don’t really menionednKYC upon registration and they will only implement once the player got the jackpot or big winnings

Reiterating the following points sourced from https://bitcointalk.org/index.php?topic=5136360.msg50780694#msg50780694:

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/)