Bitcoin Forum

I was thinking about this question over the weekend and I cannot seem to find legitimate reasons why people would want to play at casinos that do not require KYC verification.

1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.  

Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?

Ps. I am playing Devil's advocate... if you did not notice it.  ;D

This is not true. Money laundered are mostly in banks hidden in businesses people thought are legit.

How?

After the account has been drained by the hacker and no money left.

Do not let us deceive ourselves, this is not true.

Privacy.

1. In one word it's all about privacy.  None want to share their personal detail online.
2. People who come to play from a country where gambling is highly prohibited. So they of course don't want to show their personal details to someone that can create a serious problem for him.
3. The benefits you added to your list, people want to bypass all of them without doing KYC :)

Probably to protect their privacy and some to get away with their illegal activities,  because honestly I don't see any reason to hate KYC when it comes to gambling, this is so something that has nothing to so with decentralization, the government is aware and fully support it that's why they regulate casinos, so why the need to hide? There have been few lucky lottery winners around the world and they are well known, nothing happened to them when the news broke out, but I understand that not all countries are the same.

I choose to start gambling because there is now online gambling, what I don't want people to know about me is my involvement in gambling, and online gambling platforms solve the problem, I don't want my people to have a wrong sentiment about me and to avoid some lies and gossip about me that's why I don't do local casino gambling.

NYC's saved more than many realize, the damage that a casino who requests no KYC can do is way higher than the damages that a regulated casino can do, the gut that people have to share information with a non-regulated casino is crazy, some use their credit cards on such platform.

Privacy is a basic human right. It is as simple as this. You don’t have to explain anything you do to anybody unless it involves criminal activity and that’s the problem of the police forces. Do you do KYC everytime you spend your cash at the grocery store? Why would I send my passport scan to somebody I don’t know about? If you give up your right to stay private, they will come for more. Soon, you won’t have the right to own property. 2030 is incoming.

One reason is that we send our personal data to people who are themselves anonymous and essentially responsible for nothing. Another reason is that personal data can always be leaked. Also, it cannot be ruled out that sanctions may be imposed against any country or legislation may simply change, and funds may be frozen instantly

I agree with you on the need for privacy in the gambling industry or any online platform that allow us to use cryptocurrencies which,  whose main aim is to give it user privacy and freedom in their online activities,  this is what makes up for whatever becomes of the frame up of the mind to either hand out their personal details and documents on some of the online site that there has less trust on.

But then also we have to look at KYC and what are its possibilities to our contemporary online life ranging from centralized exchanges and other financial services providers that cryptocurrencies users may not be able to do without,  but need to comply with regulations,  this makes KYC in some cases an unavoidable evil that we need to face.

I'm a fan and advocate of KYC to keep our environment safer, and the more you allow people to do whatever they like unrecorded/traceable, the more they go uncontrollable in perpetrating their evil. Human beings can't ever be trusted and not companies as well, this is why KYC is good, at least it's a layer of knowing companies and the people dealing with them.

I do wonder how some people would be defending No-KYC. I believe any no-KYC casinos should never be trusted as they might have something they are hiding, they might be possibly daring and not just responsible. No person or company that means well for the world to keep it safe from illicit activities would shun KYC, and the risk of dealing with such company is very high.

The exception to this are mixers, by practice, they are to increase privacy for the purpose of having huge money that you might want out of the prime eyes' radar. But what is the excuse of casinos?

True! It's insane to send our personal/sensitive info to people who are hidden... I guess it can be leaked, or sold by the hidden owners. Who knows what they are capable of when we don't know them?

Privacy is important, but except that I really don't like the "paperwork". Why would I bother providing all the documentation to some casino? In my opinion, it's pretty discouraging, KYC can't improve my gaming experience.


Well, since I live in a country that was "restricted" in many ways for many years this is something I don't like. Crypto should be open for all and free for all! So KYC is not in crypto spirit and that's another reason why I don't like it at all.

The only real reason I can think of right now is; privacy.

Although, I have never seen or heard of a case involving a casino before but most people are afraid of their personal information being stolen, we all have read how someone was faced with a huge problem because someone was was able to steal his data from an exchange where he completed his kyc and after much investigation it was finally discovered that it was not him but instead a hacker. So unlike the reason you have started; the main reason why users don’t like kyced casino is simply because they value their privacy.



Nah, this does not work an addict can have just one gambling account and still be a chronic gambling addict.

Silly questions op frankly speaking. Most people who entered the crypto world were attracted by its anonymity factor though the extent to which they can stay anonymous is obviously debatable.

Also, did you say KYC requirements reduce scamming? Lmao!

https://bitcointalk.org/index.php?topic=2283571.msg63145037#msg63145037

https://www.nasdaq.com/articles/probably-the-largest-kyc-data-leak-in-history-demonstrates-the-importance-of-bitcoin

https://thehackernews.com/2019/08/binance-kyc-data-leak_26.html?m=1

I think it's fine to use KYC in today's world when gambling online. In the past it may have been that people really wanted to protect their personal information and where scared that other people find out that they gamble online. However, the world has changed over the last few years and it became much more common to gamble online. The boom of crypto casinos due to the covid lockdowns meant that a lot of people have enjoyed gambling from home and it's not something only a few have done. Among my friends almost everybody has visited online casinos a few times in the last 2 years and using KYC became the normality. There is no reason to feel bad about gambling online and also sharing our personal information happens at so many different levels when browsing the internet. In my opinion we just have to accept the KYC requirenments and move on. As long as the casino keeps our personal information safe I don't have any issues and if there was an issue with safekeeping and storage of KYC data I would probably switch casinos.

Well, the thing is, personal information is very expensive these days, and those who know and understand the true value of their personal information do whatever they can to protect it, as well as keep it safe.

For me personally, i am not or do not run away or avoid passing a KYC verification if mandated to by the platform or whatever casino i am playing gambling on, but what i do is to make sure that the platform or casino in question is one that i really trust, and others trust as well to keep user's private information securely and away from malicious people who would or may want to steal those information and sell to third party companies who would use it for malicious activities, or they themselves steal the information and use it for malicious activities themselves.

This i believe to be the major reason why most gamblers are very and always skeptical about submitting their private information online as a way to get KYC verification.

As sure as we or most of us know that KYC verification is something that the government have mandated almost every company, both online and offline, to carry out on their customers, as a way to try to reduce scam and fraud in our society, it is also still very important for every one of us to be very careful which platform or casino we are submitting our private information to, as they are also a lot of scammers out there who disguise as a gambling casino, just to phish customers private information, as well as steal money from unsuspecting victims.

I agree with these 3 opinions although I'm not pretty sure how effective KYC for these 3 things.


I dont get it because I think the opposite, because players are usually the one who become the victim of scam. KYC will add more risk for them because once they submit their identity, there is possibility that their identity can be sold by irresponsible staff of the casino.


I dont think people whose accounts are hacked is willing to recover their account, most of them care about the money and once their account is hacked and their money is stolen, recovering the account give them nothing and I think most people will not be interested to stay in the casino where their account is hacked because of trauma.


It will not be an effective way to reduce addiction by KYC, even self-exclusion in casino can be said as useless feature because people can move to other casinos easily.


Because gambling is something illegal in my country and anyone involved in gambling is considered as criminal. I also do not want to risk my job career in real life by doing KYC in online casinos.

1. What if you are a criminal and force someone to do KYC verification for you? KYC verified person will be the only victim. In overall, elites manage to launder money with or without KYC through banks, verification doesn't matter if you have deep pockets. See the scandals of money laundering though one of the biggest bank in the world, deutsche bank.
2. Yes, it may reduce under age gambling but teens can also ask other adults to borrow account and gamble with adults account, that's not a big deal too.
3. Doesn't make sense.
4. Doesn't make sense.
5. Valid point but take care of digital security and you won't face that problem.
6. KYC is forced by governments.
7. I can't agree with you here, it's very individual process. There are casinos that really care about their customers and there are ones that try to use the weaknesses of their users as advantage.
8. Yes, good point.

I suggest you to keep in mind that people use bitcoin for it's anonymity and decentralization. When you use Bitcoin, you care about your privacy and bitcoin casino should be the one that will help you to take care of your privacy. If they ask you for KYC and your bitcoins are traced or getting watched where they come and go, then it's meaningless to use crypto. There is a fiat for privacy-less world.

There's an old post by 1miau that explains it better than I ever could. I think everyone should give it a read.

Why KYC is extremely dangerous – and useless (https://bitcointalk.org/index.php?topic=5221497.0)

The main reason I would not like to give my information so easily applies not only to casinos but also to any kind of online business. Because I stadistically, the more webpages or services have our information, it becomes more likely our information will end up in the hand of criminals.
So, I have got no problem to give my information to one or two big casinos which I can trust to some degree because they have got a big budget for security and whatnot, but it is completely different when one is the kind of person who likes to go around testing new casinos and in a year gives all their personal information to them. It only takes one of those casinos to commit a security mistake and one face, passport, name, etc would be used by anyone somewhere to steal our identity online and get us in trouble for no reason.
I have not problem when AML measures or anything used to stop criminals, since I would not care less for them.

I don't think KYC is always necessary, not just for gambling but in general.  Handing over personal info to any company seems too risky.  You never know if they'll keep that info secure or if they'll have a data breach and  so many big companies have been hacked before and lost peoples private data.  I remember hearing about credit card companies getting hacked and all their customers' social security numbers and credit cards getting stolen.  That's scary! If you don't absolutely need to give a company your personal info for their service, its probably smarter not to.  There's always a chance your data will get compromised if you give it out.  So I'd rather avoid KYC if I can.

I want to play in casinos without KYC requirements for privacy concerns. I don’t want to share my personal information because I’m worried about being tracked or monitored and data breaches or identity theft. I don’t want my gambling activities tied to my real-world identity for various reasons. I am not comfortable with the idea of sharing detailed documents with an online platform even if I am legally gambling. So, this is a personal preference.

Like all the rest here privacy is a concern when players prefer to play in casinos without KYC requirements but the KYC does not come from the management it is a requirement that is within their license and they have to be compliant if they want to keep their license.

But KYC should not be mandatory for those who casually play and only apply for those accounts that are suspected of money laundering and cheating and not for gamblers who just want to play and have fun, the casino should be good at tracing what accounts are considered to undergo for KYC.
KYC should be an exception to the rule and not the norm for casinos, so far majority of casinos implement KYC because it's very risky for a casino to operate without a KYC because of the regulators who can stop their operation.

As I've said in previous similar questions, wanting to have a private instance of your activity does not equate you to being a criminal, nor does it need a justification. All that stuff about protection and whatnot? Really none of my goddamn business in essence. It's not my bloody fault that money launders exist. Also not my fault scammers exist. Possibilities like those just simply don't give justification to people not being able to like/want privacy.

Well, I say that but I've already done KYC on some casinos I play on. I've done it only on reputable casinos though which I take the time to figure out whether I should or should not trust.

even if , yet I wanted my privacy to be safer , I am not criminal and i am not hiding anything but my PRIVACY .

it's a hassle and I want to gamble anonymously as much as possible, I know the risk that I am taking by not doing any KYC and I accept those risks. I will only do KYC if I really need to do it, but if there is no need to do KYC I don't see the point of doing it. just to be clear, what I wrote is my preference and opinion and I don't recommend it to anyone. if you feel like doing the KYC would further secure your gambling, then go do it.

Cant say more mate because like yours this is what i wanted to earn as my privacy(but that is when playing in new casinos"
because i have entrusted my details in couple of casino that I trusted and have been playing for years, though that teach me lessons to prevent
sending kyc when dealing in gambling businesses.so yes I am with you in this one and our privacy and security is what concerns us more.

The first thing I want to ask, where's the statistic? you can't just use your own assumption when you to withdraw a majority conclusion.

I assume people who own Bitcoin should have understand about the purpose and it means they must be hold their coins in cold storage just like a popular phrase "be your own bank", but the reality most of people hold their coins in centralized exchange and it kills the purpose of Bitcoin.

Use 2FA with the email and no hacker will be able to hack the email. Gambling sites do it in a way it is not that easy to change your email.

KYC do not add to the security. If some gamblers think that it adds to the security, they are not getting it right.

If a no KYC casino is legit, they are worth going for.

I think most people don't want their identity revealed and I don't know the reason they do that, I don't know what makes them not want their identity revealed, whether it's because they want to cheat or launder money, so they refuse to give their identity for reasons of fear of being misused and sold by casino parties and used for criminal acts. even though the KYC system implemented by the casino is to prevent negative things too.

But sometimes people who are not happy with that still play with licensed casinos that implement KYC in the end, they are also worried about playing at decentralized casinos which are sometimes less secure than centralized casinos, that's why I only consider KYC in casinos It's not something you should worry about, if you don't like it, don't gamble, it's an easier decision than complaining about the rules that have been set.  ;)

I know, but a lot of people think it does, that's why I said, "If you feel". gamblers can do whatever they want, they can either perform the KYC or not, it is up to them.

sadly it seems like it is quite hard(or I completely missed it) to find an actual trusted casino that legitimately would not ask someone for KYC.

I think for a reasonable, responsible and honest player who keeps to the rules of casino would not bother about all those points that you raised because he never tries to beat the house illegimately, so he doesn't concern himself with all those scam and money laundering whatnot. Therefore, he is to play genuinely but only fears his privacy disclosure otherwise whether KYC or not, he should fear nothing and is why he would consider the points above.

Why do I have the feeling that this question has already been asked 1000 times in the Gambling forum? ;D
There's no guarantee that a KYC casino won't scam the gamblers, by blocking their accounts. KYC is definitely not a "silver bullet", that will solve all problems.
I'm still searching for people, who are totally OK with sharing their sensitive data over the internet(like pictures of their ID cards). ;D
You give your personal info to a private company, that has a gambling license in some obscure offshore jurisdiction(and you don't know anything about that company). What could possibly go wrong? ;D
I'm not advocating for non-KYC casinos. I'm simply waiting for the bright future, when gambling will become 100% decentralized and you won't have to rely on the legitimacy of a third party to keep your gambling money(and your personal info) safe.

Most of the time KYC is to hide identity of the user probably he is from restricted country which gambling is not allowed or else why the heck you will still play on a casino with casino knowing that they will ask you eventually.

My other thought is real privacy concerns which a user is very afraid when their KYC might be leak in the public through exploit. We have different preference in regards to privacy and some people take it seriously especially if you are from the country that needs to be recorded all your tax expenses.

In the online world, everyone prefers to be anonymous, due to which the sites without kyc are more exposed.  Submitting your personal documents anywhere creates a panic in itself.  But we are forced to kyc against our will in casino sites, crypto exchanges and other online platforms as kyc is very important to keep our funds safe there.  Otherwise, our account may be restricted or funds frozen at any time for any reason.  To avoid them, we are forced to kyc

When trading or moving your crypto it makes sense to run after every possible privacy ways and avoid KYC with centralized exchanges all together but what is there to protect when you are into gambling? There is no way a casino will offer you a privacy service in gambling, if you see any it's an illegal casino and they can still rob you one way or the other.

It's a matter of choice if you want to be safe while gambling online, you have to use a regulated casino and been regulated means they have all rights to ask you to pass their verification system, it's just how thing should be, no casino is decentralized, live with it or quit gambling.

KYC doesn't add to any security, it doesn't mean that the platform can't be hacked but they are asking for KYC from their customers as the law and regulator asked and I don't blame them, KYC verification is almost to stop using the casino for any illegal or criminal activities.

The main reason?

People wont really be liking for their information to float around on the internet and could really be used on other means as if they are really that kind of special people or having that kind reputation
without even trying out to realize or to look back that they've been long time exposing their information into the government but somewhat i do agree on such point that if you arent that a criminal then why would you would really be that trying to avoid on that?

When crypto casinos had been introduced then it cant really be denied that it did really spark out that kind of interest to those gamblers who dont really want to expose their identity
or simple they do want on being anonymous on which on the time that they would really be playing then there would really be no information that would really be leaking out
about them.

god knows who are the owners of these shady crypto casinos.. why would anyone want to send them their passport selfie and salary documents?

Well, except I don't understand you correctly, but if I do, I did say that a gambler have no reason to avoid kyc simply because he is not sure if he is gambling from a region or jurisdiction that is banned by the casino, for if the casino really banned his or her region or jurisdiction, then he or she won't be able to access the casino because, the casino would have blocks every ip address linked to they region or jurisdiction.

Except the gambler can only access the casino through VPN, then the gambler can be rest assured that he or she is playing from a restricted region, and such a gambler must avoid kyc as hard as possible.

You are very correct and I completely agree with you, I had a little touch on this in my last comment, many who avoid kyc do so because they don't trust the casino well enough to securely keep the document in a place where no third party will have access to it.

I don't believe KYC is forced on anybody though. It is just a requirement to go through to register in certain casinos especially CEX. There are rules on that but the unfortunate thing is that most casinos are regulated and regulation come with obligated know your customer (KYC) that is a major reason you see the rule otherwise. But the decentralized casinos are still alleged not to be favourable in the area of its disadvantage to be a den for scammers and your funds can be withdrawn with a blink of an eyelid ones the right parameters for withdrawal is triggered since it runs on smart chain and blockchain, no regulation or restricted or checks may be verified before coins are withdrawn unlike KYC enabled casinos.

If I may ask you this question, are you aware of the Sweden Bitcoin holders physical attack?  If yes  then I believe you might see some reasons why  people detest KYC as it reveals their identity and their safety not guaranteed. I have not been a lover of KYC because of that. When a third party demanding you to do a KYC for the above items you have listed and yet they can not guarantee your details safety what else can they do? These are the reasons why people do not find it convenient doing.

As for your opinions, I think they are not too feasible because all you have listed can not be prevented by KYC as many hackers and scammers are always ahead of prevention measures by the casinos and lots more. Even money launderers too are very smart to under go KYC without their real identity and most cases they use multiple accounts to do their work and nobody can detect them.

For reference to the Sweden Bitcoin holders attack;

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.binance.com/en-NG/feed/post/1699190&ved=2ahUKEwiUmKb-hMGCAxWST0EAHbMrCuUQFnoECA4QAQ&usg=AOvVaw3geTrTJ30pTX8q5a4DvqQf

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://cointelegraph.com/news/swedish-bitcoiners-targeted-by-armed-criminals&ved=2ahUKEwiUmKb-hMGCAxWST0EAHbMrCuUQFnoECAkQAQ&usg=AOvVaw1XiZhKdKSPCtTWSVNj-2_Z

We are well aware of the risks associated with playing at a non-KYC casino, but we are willing to accept those risks in order to enjoy full privacy and anonymity. It's similar to using a bitcoin mixer, we understand its association with money laundering and other illegal activities, yet we still use it for the purpose of gaining anonymity. After all, crypto is supposed to provide us with anonymity, and we are simply trying to achieve that goal.

There’s already non-KYC casino that is complete decentralized. It doesn’t need you create an account and you can play by just interacting to smart contracts. The only danger is if you didn’t know how to read code but most of this casino is open source and has a smart contract audit that is equivalent on having license to check their code.

They are just offering simple games that’s why they are not popular and also they don’t of VIP rewards like the casino with KYC offers. People is just not contented on what’s available but they really have a choice to play without KYC but still safe.

I live in a country where gambling and casinos are banned so I personally cannot support KYC. There are many illegal casinos and gambling sites in my country where I can get into legal trouble if I do KYC verification with my personal document while playing casino. So I have no choice but to be cautious and I am forced to skip KYC for my personal security.

This is the same reason why you don't want to use centralized exchanges when the requirements you provide are the same reason centralized exchanges use KYC. Once you consider that your privacy can be abused when using centralized exchanges or other centralized platforms, the same can happen with casinos that are asking you for KYC. There is no guarantee or evidence that the casino will secure your personal information and privacy any more than other centralized exchanges.

That will be a problem if you are a player with a large amount of money. If you play at a casino that requires KYC verification, it will be bad for you in the future. Maybe you can still play, but there may be problems when withdrawing.
If you play at a casino that doesn't ask for KYC, that means you also have to be careful regarding the casino license and your funding, which I think should never play with large amounts.
some people want to protect their privacy, but others have no problem providing KYC documents for convenience when playing at the casino.

I'm not against KYC I just don't want them asking for KYC huge winning and accusing the users of cheating when he's not cheating, there's been a lot of cases like that one casino that is very notorious for asking KYC for huge winning then accuse the players of cheating is 1xbit, they steal your information then they steal your, KYC is good to protect the platform from scammers and cheaters and launderers but not using it as a way to scam people, we have to stop playing on casinos that uses the KYC to abuse their users.

Privacy is the reason why I like cryptocurrency casinos, although I have done kyc and even like doing kyc in casinos and trustworthy sites that deal with money, the problem with that from what I see in my opinion is that kyc limits people when there are many of them in a house. Let's imagine for example that a relative of mine comes to live in my house and that relative of mine also wants to buy bitcoin and do day trade on an exchange, but when that relative of mine creates an account on the exchange they discover that on the exchange they ask for KYC and do not ask for documents such as a passport and this relative of mine does not have a passport, so this relative of mine will not do day trade on this exchange

and see that my relative probably wouldn't be thinking about trading with more than $500, that is, he wouldn't take out more than $500 because he doesn't have money that is more than $500, so how the hell can a person who doesn't even If you don't have more than $500, you would be a money launderer? Why don't they set a minimum withdrawal amount and wagering requirements to combat money laundering rather than asking for kyc? and governments are to blame for this situation, they keep forcing casinos to ask for kyc even though they know that kyc puts people in danger, such as cases in which scammers can take someone's identity and commit crimes

and kyc is not a solution for money laundering and is also not a solution for combating gambling addiction. There are better solutions like the one I mentioned. but unfortunately governments seem to not think before deciding something. We just need to ask ourselves who is supervising the websites that take people's documents? What guarantees do people have that their documents are OK? people simply don't have that guarantee

For me personally, KYC measures are not efficient in maintaining security for users, especially those involved in online gambling, there is a definite reason why for me casinos that implement KYC are not comfortable for me.

Reason:
1. Generally casinos operating in the area where I live are illegal.
2. There are several cases that I have seen user identities published in the media, when the casino had problems with the law.
3. Because casinos are illegal, of course I like playing illegally.

And there are other reasons why KYC does not respond positively to me in gambling, essentially: online casinos can close at any time, without a clear legal frequency, So our identity could be misused by irresponsible individuals, for that reason I avoid casinos that implement KYC.

The only time a legitimate casino will ask you for KYC is when you want to withdraw any amount above $5000, so I think that amount is already a huge amount and you will be asked for KYC just like it is stated in the terms and conditions of the site,  and it should not be a new thing for the player when he is asked for KYC at some point in the cause of playing.

And another reason could be due to suspicious activities from that account at some point in time,  and if as a gambler,  you supply the right information,  the KYC should go through,  anything outside that will be a be it uneasy delay should be a direct attack on the gamblers right,  because I don't see any reason why a reputable casino will not approve the KYC of it client if supply the right information and documentsts.

Because for some people, gambling is to get entertainment and not use a lot of money. They think if they just want to have fun gambling, they don't need to do KYC.

But we know that KYC helps casinos to overcome the problem of illegal activities carried out in casinos. It makes casinos try to enforce KYC in their casinos and even that is done by shady casinos too. The difference is that shady casinos will not want to give away gamblers' winnings but will still enforce KYC.

But that is up to each gambler. If they are willing to do KYC at their favorite casino, they don't have any problems, especially for those who use a lot of money. But for those who enjoy gambling, they feel no need to do KYC. But they may do KYC if necessary.

But are these games really popular? I don't think so. Sports betting still dominates the gambling scene with the largest audience. The only notable distinction in fiat casinos is the KYC  factor, which isn't always required in some crypto casinos. Despite the risk of potential scams and the uncertainty of retrieving our money, many choose reputable casinos from the outset. This confidence in the casino's reputation helps mitigate the associated risks, making the overall risk level lower.

Generally, casinos who do not offer any KYC restrictions are the ones who are relatively generous when it comes to their rewards and bonuses. Given the leniency that they provide, there is somehow a drawback with this kind of setup. Potentially, your winnings are at risk especially if a casino does not offer any KYC and they are relatively new on the industry.

With that being said, that is the reason on why I prefer to gamble on websites that offer KYC. This is somehow of an implication that they do indeed value the safety and security of their customers since they have the paramount duty of safekeeping such information.

Lastly, I do think that most casinos are slowly integrating KYC to their system due to stringent regulations on some countries. So if you plan on registering on a gambling website that offers KYC, make sure that you do it on a well-reputable and known platform.

There is no need to have that many reasons why we don't want to gamble in casinos that require us to KYC. We just don't feel that we need to submit KYC just because we want to gamble. And if a casino that we like does that, we have a lot of options in doing so. We can stop using them or be obliged to get on them and continue to gamble with them.

I know that OP is sarcastic here and the majority of us don't like to be subjected to KYC. And it's all about the government trying to do all of those reasonings and if you think that you're okay with that, no one's gonna stop you. But if you feel that your privacy is invaded through that then try to find a casino that won't require you that much.

Also, when a casino is hacked, expect that all of the data has been taken by the hackers including those that have passed on the KYC.

I am choosing based on authenticity of casino. I am playing on both products that's is CEX and DEX. As long as I am satisfied about the casino and it's legality I am all ok to do my KYC. If I'm having slightest doubt about it then I would choose my privacy over money. Moreover, I am not playing on multiple casinos these days. I have fixed 3 casinos on which I'm playing since few years and I have full KYC done on them. However, I am afraid to submit it on new casinos because it's always trust issue.

By the time you feel that one of the new casinos are doing great you suddenly hear about their scam reports, long threads of scam accusations. 

So even if I do KYC and the casino itself turn out to be scammer then what use would it do to me? I might be able to file a case or something against them but what after that?

Yes it will cause problems for me later because if I want to withdraw any big amount then of course I need KYC but as per the conditions of my country if I give my personal document then government may get orant order in my name and I may face jail fine. If I have an account on the platform without KYC, then if I want to withdraw a large amount, I will have nothing to do if my account is frozen. So platforms with KYC are much safer and risk free than platforms without KYC.

Here's my reasoning, I never fund a casino account except with crypto. I think I have found the right space where crypto offers one the freedom to gamble across borders while it is not available in one's own country.

- Regulations in my country are too complicated.
- I don't want to be associated with gambling with a real identity for several reasons.

There are some people who oppose and do not support KYC, because they think that their personal data is privacy that they must protect. However, when a gambling platform appears that does not use KYC, this makes them wonder again, whether the casino they are in is really safe to visit.

At this time, gambling is very popular and there are many services/platforms that provide gambling sites, which if we count, the count is probably infinite because there are so many gambling sites currently circulating. And in general, to be able to visit the official casino platform, it is necessary to fill in personal data or KYC. However, this does not mean that gambling platforms without KYC are not official, because there are several official gambling platforms that do not require KYC to enter, such as TG Casino.

And whether or not there is KYC on a gambling platform, the most important thing for us to do is to always make sure first whether the gambling platform we are going to visit is truly safe and responsible. This needs to be done before we decide to start gambling.

Personal Security means a lot to everyone. keeping your privacy from the internet is one of the most important thing you have to know because you will not know who will use your documents to do something that is not good and you were caught of what you did not do and persecuted. Op you have some misconception on the list. I don't think casino has anything to do with money laundry, KYC has not really deal with the under gambling, I have seen them many in my area.  In what way does KYC deal with scamming? Scamming is very far from gambling. Scamming will not use KYC to scam casino but false information. And gambling addiction is not from double account in one casino but continues gambling in every day. Regional restriction is a decision of the casino management and not from the KYC.

maybe in the early days of crypto gambling, kyc was not yet a thing. however, as this business is evolving and is going to the mainstream, they need to  acquire their license to increase their credibility in the community. most gambling sites before didnt require kyc because they were also nonlicensed sites. but with the rise of fraudulent activities, this business found one way to add credibility in their turf and that is to get their license from known authorities. and with such license comes with the AML/KYC regulations. there's nothing wrong to play in nonkyc casinos, however, they are thought to be at higher risk as compared to licensed ones.

I guess op expected this KYC backlash(Devil's advocate) which is why I don't understand the point of this thread. Most crypto investors will always avoid KYC regardless of how the crypto world changes with time.

If anything, this thread highlights the fact that we need more unregulated and popular no-KYC crypto gambling sites.

How is that possible ::)? It is not true because it is not possible. No amount of KYC can reduce gambling addictions. Just imagine if a casino stops an addicted gambler from betting because he or she is addicted. Do you know that there are other casinos that the addicted gambler can bet on? Every casino is looking for a way more gamblers will come and if the previous casino doesn't allow the addicted gamblers to stake, the gamblers will go to another casino to gamble even more than the previous time he is she has gambled and on this process the first casino that the addicted gambler was betting have lost that client (I have to call it client).
So, as every casino is looking for more money and more customers (clients), they will never stop any gambler that is gambling with them as long as the gambler is paying to gamble, do bro, a KYC verification can not reduce gambling addictions.

I was going through OP list  and I must say that most of what OP wrote are alright to work with. Casinos and exchange do not on their own request for KYC but I believe the laws holding their presence wherever they find themselves is, because the government is involved in issuing the licence and this they have to do to keep track of activities of their nationals and other foreigners in their nation.so as to checkmate their financial flows.

Although KYC is not bad but with the increasing breach of privacy with peoples details leaked and accounts hacked, there have been this mistrust and uproars in various sectors cutting across all boards. So therefore it is pertinent that these reasons would alone make people not want to always go through a KYC process and I don't see that as an  issue. If there are any, other means of skipping KYC, I think a million and one gamblers would prefer it.

the discussion about KYC will actually be eternal, everyone will have the right arguments to support their opinion about KYC.  In my view, KYC is personal, whatever reasons you use to avoid or support KYC are all correct.  on the one side, i support KYC because i don't want minors gambling, they don't have time to know about it yet, but on the other side i reject KYC because it relates to a person's privacy and personal data which of course is vulnerable to misuse or abuse / bought and sold.  Now it's up to you how you look at KCY!!

privacy concern individuals are the first to have suggested not to submit those IDs actually and then we learn it's important to hide our data.
until then if there is still an option where users are not forced to send documents and IDs to the casino, they will take that option. 

not withdrawing funds that are more than the threshold for KYC mandatory i think is one of the options they are taking. seem to have taken more risk but if that's the way they like it then be as what they want it to be. the funny part is that when it is airdropped that asks for KYC documents, they are sending those documents for an uncertain amount.

Why should I care? I don't use fiat money, I don't launder anything. Why should I be punished for someone else's actions

Porn sites and sites that sell alcohol ask people about their age on entry. Why is it sufficient when ti comes to these sites, but not casinos?
There's such a drive towards equality, but no equality there.


Isn't blocking the account and blocking withdrawals enough of a punishment?

Casinos have enough staff and redundancies to stop people from scamming them. When there was no KYC requirement for bitcoin casinos years back they were doing just fine.

We're talking about "requirements." What if I want to take the risk and simply not hold any money there? I guess I'm not allowed, because it's not a risk reduction method.

Yes, it would really be that a never ending kind of discussion or something that would really be in talks knowing that there are people who are really just that fine with those KYC set ups and there are those people who are really that allergy into it on which means that you would really be having that kind approach and dealing with it basing on what you are currently facing. Somewhat if we do speak about crypto people then it would really be just that so normal that they would really be always preferring into things which are KYC-less but since that government doesnt really like on being getting behind specially into those businesses that involves or integrating crypto then this is why they would really be imposing those rules and laws on which these places or businesses wont really be having no choice but to comply if they do still that their business would really be continuing on running but somewhat if we do try to look around on which on the time that do make use of some services in crypto field, most of them arent needing to have that KYC on point
but rather they would really be asking something on the time that you do hit up that particular threshold. Lets just wish that they wont really be asking immediate KYc on the time
that you do make that registration because it do really sucks up on that way.

Simple reason is because I want to play anonymously. It's all about privacy that the platform is not holding any of my private information because it can leak anytime if there's a data breach. The security of data is often a concern.

That's why if possible, I want to play without undergoing identity verification. However, we know nowadays, many casinos are implementing this for the reasons you have stated (to prevent fraud, age verification etc.) and it's a reality that we need to accept if we want to gamble in legitimate casinos since they're just doing it for legal compliance.

The major reason why I play in those casinos that require KYC is because.


1: I don't have any choice if that casino is the only reputable casino that I feel safe and secure to play on and without any other choice, so for that, I may allow myself to go through the verification process just to get everything in place and set before I make any deposits.


In fact, I don't play in a casino unless I already have my KYC verifications done and approved before anything else, unless I am gambling on a decentralized casino that doesn't require my KYC.

The only time that a bitcoin casino asks for KYC is when they are looking for a reason to steal your money.

I can see another reason. They ask for KYC when their license requires them to.
Many casinos don't want to do it because it's additional cost for them. They have to pay an outside company to verify clients, or pay their own employees to do it, but if they don't do it they'll have to move somewhere else because the authorities will go after them.

It's the governments that we should blame for KYC, not casinos.

I go for no KYC because it's convenient and I know that I'm not a money launderer or anything, so I see no reason why I should be required to go through KYC when I wager very little and don't abuse the system in any way. Ultimately this is a trust issue.

This is wrong and misleading, you shouldn't have talked in this manner, casinos are not all thesame, we have many of them that can be trusted by the level of how they have been working towards having a better experience in what they offers to gamblers, requesting for KYC shouldn't be our utmost fear, if we know we have every required informations, then they wouldn't hold us down for nothing if we provide them as accordingly.

I really don't think KYC can be used to reduce addiction.people who creates new account sometimes are those trying to cheat their way into those free offers given to new account upon creation.kyc can be used to stop such acts since you register on document to one account.

 Alot of people gamble on no KYC casino's because they are are scared of sharing any of their personal information online since they aren't sure they might play there for long. And also if they don't trust such casino.

KYCs have been assumed to reduce money laundering and also adjust the risk of gambling addiction... It's imperative to know that alot of illicit activities has been happening in most gambling platforms even with the implementation of KYCs...
You can't teach a tech guru how to steal- there's definitely a way out to every routes that has been blocked already... KYCs may have an important role to play, but I think it's mostly about the monitorization policies...

Sandra 🧑‍🦰

The list can easily outweigh by the risk of a data leak.  Having a KYC on a weak security casino can be resulted to a data leak if some hackers are able to breach the security of a casino.  Or the casino intend to get money form their customer data by selling them to other company.

It is due to data privacy, one of the major reason why many gambler prefer to play on a casinos that does not require KYC requirement, while others are just too lazy to undergo the process of submitting personal information to the casino. 

Imagine the trouble of scanning the valid ID, taking  a selfie while holding both the valid ID and the bond paper where the name of the casino is written and uploading them to the site. I, myself would rather not to do such process and will choose the casino that does not require us to do such tasks.

One of the reasons on why crypto gambling did really get that much attention because of the anonymity that it gives on which this is something that gamblers do really like, although there are people who dont really care about their identity to be exposed online as long they do know  that they havent done something then that would really be giving out that kind of confidence on which
they do really have that point. If as much as possible then it would really be just that much preferred on playing anonymously on which there's no one who do know on what you are doing
or simply does know about your identity neither on other players or the house itself. It does really give out that kind of confidence while you do play.

Come on now. I prefer no KYC platforms myself but let's not ignore the fact that there are also users who exploit some game features and bypass betting restrictions of casinos. These gambling platforms should also have a way to protect themselves from abusers stealing and identity verification is one of that unfortunately.

It's mostly for convenience reasons that's why I pick gambling sites without KYC. It's one less step in creating an account and I don't have to worry about casinos performing KYC on my account when i'm one of the smaller players who never reach their threshold for KYC. If I open a verified account, I sometimes overthink about KYC casinos possibly closing my account and potentially exposing my documents when they're one of the few sites with access to my information.

that is completely correct , he seems to be bitter in most matter or guilty by something that's why he kept calling casino as cheater and the same when there are many casinos there that legit and never tries to take your money by just withdrawing , sometimes it is about your activity that called the system attention so it was been asked but that does not mean that every casino and every transactions are indeed making this far for asking our details.

People out there want non KYC casinos because of the idea of remaining anonymous in the gambling industry but they don't realize that KYC will only be known by the casino team and this means the gambler can still remain anonymous because no other gamblers will know their.
Apart from that, there is fear that bad things will happen such as data leaks and the sale of personal identity data on the black market, but things like this will never happen if large and trusted casino is used.
Moreover, every large and trusted casino always has layers of security to maintain customer comfort and trust, even though there are several problems that may be caused by hacking, each customer data is guaranteed to be maximally protected by the casino.

So far I am also quite surprised why there are still gamblers who are so worried about KYC that they actually avoid requirements like this.

In fact, there are quite lot of cases of money laundering on gambling sites and also crypto exchange platforms.
In this current era, times have developed and people with crimes involving embezzlement of funds or anything related to personal gain will always enter the proceeds of crime into crypto platforms or gambling sites with the aim of eliminating traces.
Moreover, when they launder money into banks, it can be detected more easily.
Another thing about legitimate businesses is that the gambling business is also legitimate business in various countries.

Nice topic and a wonderful arrangement of facts. Most of the issues you raised concerning KYC are true but some have been overused or misused by regulatory agencies and sometimes casinos.

First, I don't want people to know that I am a gambler because of negative societal perceptions of the activity. Gambling is legal in my country but most people see it as immoral. I decided to keep my gambling life secret to protect my career and family.

There are cases where your personal information is sold or transferred to untrusted third parties without the permission of the gambler. This is abnormal and could be used for criminal activities. So I prefer not to give my details to these casinos.

I don't also want to be under the radar of any government agency. Since some section of the population sees gamblers are criminals, it is normal for law enforcement agencies to monitor the financial activities of gamblers and KYC can help them do it perfectly. I also prefer to be anonymous because I don't want to be monitored by anybody when I win big.

I am glad this discussion sparked this much discussion, because we need to speak about these thing.

I did not post this thread to discuss the reasons why KYC are evil in so many ways, but rather why you want to gamble on a site without KYC verification.

A lot of people used "privacy" as a reason and I can agree with that, but anonymity also provides "privacy" for criminals and scammers. So, would you rather have "privacy" over some kind of protection that KYC provides?

We have to remember that KYC verification are not without loopholes and criminals exploit that, but it makes things more difficult for the majority of the smaller criminals to bypass it.

The pseudo anonymity of Bitcoin has the same PROs and CONs ....and we know governments hate Crypto currencies because of that, but some protection is better than having nothing at all. (You hate it, until you get scammed or hacked or you lost access to your account)  ::)

I Don't think there is for any reason people think KYC is in evil or that bad but instead they wanted to hide their personality and for me this is respectable .
Protection is indeed , but for people that hates KYC it is their own way of protection(for own reason)
if we are talking small criminals , but in gambling we are mostly talking about bigger criminals those who can afford to spend money and time just to get peoples trust and contentment.
Exactly mate but there is also no assurance that KYC asking site will never scammed or hacked us, because we have seen this happened in the past that a legit casino ending running away with gamblers money .

Someone whose wallet is hacked will be happy if the fund is transferred to an exchange. If he can prove that his wallet has been hacked, the exchange can seize the fund and return it to the victim. This recovery was possible because of centralization. If a fraudster is caught using casinos for money laundering and he is arrested and money returned to his victims, this is the beauty of KYC.

The point is that anything that has advantages will also have disadvantages. KYC will help to reduce the activities of criminals but it also has some consequences. Some people are not criminals and want to maintain privacy, KYC is treating them like criminals. Casinos should have advanced security systems and gamblers should protect their accounts from attacks. People should be given the option of to choose if they want KYC or not and each one should take responsibility for their choice.

If you don't want to provide full identity or KYC, it's best to be a small gambler because you won't be asked to complete KYC in full, but for big gamblers there will usually be suspicion from the casino when the user makes a big deposit so they have to emphasize the user to do KYC. This is to prevent money laundering and other criminal acts, so in fact this will never end to be discussed.

It all comes back to the existing regulatory requirements, which gamblers should avoid if they want to prioritize their privacy so that there are no problems and demand that the casino change the existing regulations and requirements. There is no compulsion for casinos to ask users to play on their site, if they want to play on their site they must comply with existing rules and requirements. I think discussing this there will be no mutual finding of common ground but one of them must understand and give in.  ;D

Yup that is what it is, this will never ends because all of us have our own opinion and decisions

KYC verification for me is sacred but I am willing to comply if the casino is for me trusted one.

Non KYC is what I mostly check and yes I have list of them in which I visited everytime I wanted to play.

we can choose whatever we wanted , there are tons of casino there to decide which to play .

Which is a good decision? I don't know why a lot of gamblers don't want KYC. I understand they are still hesitant about this concept, maybe because of security or because they are concerned about their personal information, but think again: you are connected to the internet and social media platforms; do you think you are safe there? As social media platforms require your personal information, does that contradict most of the pro-KYC casinos' policies? I know there's a lot more concerning about KYC, but try researching the purpose of KYC; you only see the bad side of KYC, not why it's being implemented.

KYC is being implemented to protect the user and the business owner itself. Imagine being anonymous in an online casino and earning a lot of money; don't you think no one will be suspicious of that? KYC serves as a tracker if the gambler is engaging in illicit activity using the online casino, anyway everyone has their own opinion about KYC.

It all depends on how you look at it. These are more excuses for KYC than measures. Alternative ways to beat these problems can be done. KYC is just the lazy way, with the bonus of profit for casinos when people

1. Money laundering can be reduced without KYC, rather with open and transparent rules before withdrawal, time limits. Etc. KYC is the lazy way of combatting money laundering.
2. Asking for KYC is not a legitimate reason for age proof. Porn is illegal in most countries for underage viewers, yet all you need to do is click "I am over 18 to enter" - why is gambling any different? Most underages do not have the funds to gamble anyway, and you can't use a parents credit card if it's a cryptocurrency casino.
3. Hacks, exploits etc are a part of the internet. Measures should be in place to lock and correspond with the user if there is an exploit or hack, KYC is not needed in this dispute resolution process.
4. Scamming? I don't understand at all as to how KYC prevents scamming between a player and a casino. If anything, it promotes scamming by the casino by holding user balances hostage at the cost of their privacy.
5. If you lose your password, use forgot password. If you lose 2FA, use the backup phrase. If all else fails, contact support and verify in other ways, like signing a message from a deposit address. Ultimately, this is the users responsibility. KYC is not an appropriate measure for this purpose.
6. KYC regulation is up to a certain amount of money in a period of time. Look at Bybit, no KYC users can withdraw up to 2 BTC per day with no limit on deposits.
7. It is up to the user to manage their gambling habits, it is not a sensible measure to reduce gambling addictions.
8. It is up to the user to follow regional gambling restrictions, and regulators to enforce them. Costing privacy for this reason is unacceptable and has never been the way of the internet.


You are storing your identity and your sensitive documents online. That never has and never will be safe. Every internet user has the right to privacy, and KYC-by-default violates that privacy.


I didn't notice until you stated it. If you didn't I would not have noticed. I hope I shed some light on the other side of the coin.

so you are a safety gambler mate? you wanted to play in casino that has complete document or License in which I believe best for not so private person but since many of us wanted to remain private then only few has your attitude.
But that is best to deal with in case  then there will never be a problem in the future not unless that casino even asking KYC is a scammer so best to deal with legit and secure casino.
also better if you will  only play in Older casino that has proven everything in good providing here in forum.

Because I wanted to be more safer , at least less scam if the casino is asking for KYC though it is not 100% safe
because a scam will always be scam even if they are asking for KYC.

I am sorry man, but what you just said does not make any sense. You just admitted that you believe a casino can be a scam, regardless whether they decide to ask you to submit KYC data about you, so what is the point of going through a process of differentiation between those casinos which ask for those documents and those which do not. ?
Scams and KYC only make sense in the same context if you are worried to be asked to submit your personal information by those scammers themselves, in that case then I can understand you would not trust anyone to hold your personal data.

However, as you said is a casino asks for KYC does not mean it is less or more likely to be a scam. In order to rule out a casino being a scam or not one is supposed to rely on other information: time they have got in the market, the volume they manage, how fast and reliable is their process of withdrawing funds, etc.

If that is your only reason for not to send your information to any casino, then you surely do not gamble in many places and only on one or two webpages. Nothing wrong with it, though.

I wonder what kind of protection does KYC provide?  The most it can do is to secure your account but it does not recover the fund stolen from that account.  What would you gain from getting back the account that is drained of its funds?

If you are talking about account ownership security, I think the security implemented on one of the threads (https://bitcointalk.org/index.php?topic=996318.11540) here in Bitcointalk is much better.  By staking a Bitcoin address through a Bitcoin message, the staking of Bitcoin address can do the trick without sending our personal information to the platform.  If there is a dispute on the ownership of the account, sending a message from the staked address published on that thread can solve the problem.  I believe the effectivity of the ownership of the account is not different if the casino also implements staking of Bitcoin address instead of KYC.

I believe the use of money laundering as a reason why many casino platforms is asking for KYC is just a front for the regulatory board to pry on our financial activities within the casino platform.

Nonsense. Most gamblers gamble in the crypto world with the intention of earning big money anonymously. Why in the world would the site suspect an anonymous person earning big money when they can easily check his bet history?

KYC does help reduce illicit activity to some extent, but criminals will always find ways to circumvent it. Also, your KYC information is vulnerable to hackers in some sites.

Does this really works? I mean how can this work properly, if a person is asked to pass KYC only after he wins and tries to withdraw his balance. I have never seen a casino sending funds back, because they were transferred from some kind of a "grey" wallet. I have never seen any casino refusing to accept gamblers funds because the origin of the funds is questionable.

I haven't experienced yet and I have never read someone posted this, I think it's make sense since if the casino refunds back the money, the gambler will don't have to say that as his case is already resolved.

Usually it happens when the gambler want to withdraw their profit, the casino will do many investigation toward the accounts. Maybe the casino will reject and refund back the deposit money, if the gambler send a huge amount of money.

The main purpose of KYC on AML policy is to track gamblers after they do the money laundering not before because casino doesn’t care about the source wallet of the funds. It’s for recording purposes so that they can present evidence once a certain person that doing laundering is being trace by the authorities.

This why some user really hate KYC because they will leave traces once the authorities track them down. AML policy is the main reason why the casino ask KYC since they shouldn’t really care if their player launder if they will not be liable to the law by being accessory to the crime.

Although we do not have much options when it comes to choosing between KYC and NON-KYC casinos, but one thing which always worries me and it should be a concern for everyone who submitted their KYC documents that what if those KYC documents are misused by the casino ?

Yes, we believe that trusted and well reputed casino will have no such intentions but then the data can be hacked and it may reach to the people with criminals minds. We never know as how much they use that data and what financial damage can be done if that KYC data reaches criminal hands.

Also some people may want to hide this information that they are gambling but when they do KYC then they can be exposed as that data can be reproduced to any leqal entity on demand.

KYC really is not the true spirit of cryptocurrency and playing in a casino asking you for KYC identification is same as asking for your name, location and total identification that you can be trapped or traced which doesn't represent decentralisation system. Those who won't like that follow the real purpose. The purpose now is changing with the casinos that ask for identification because of regulation.

But, I think only a few users can follow these principles. Can not you see? A lot of CEX and centralized gambling platforms are still booming compared to the decentralized one's? It is like there is something on them that can't possibly be found on their decentralized counter parts but there must also be something that can only be found on the decentralized platforms.

This is why there are still a demand on them, even if it isn't that huge enough. A user can disregard some things as long as they can use their favorite platforms. I think this is the reason why these centralized platforms didn't bother on giving a proof that they are truly trusted in terms of data handling.

Your points are certainly logical. KYC at the casino offers many advantages. A gambler is especially wary of any kind of illegal activities. Because he knows that if he commits any crime there, he will be detected. While KYC has advantages, it also has disadvantages for gamblers who try to play anonymously. But the main reason crypto gambling became popular because of  anonymity. But when some bad people try to use this opportunity in reverse, the government tries to make KYC mandatory to control those people. If gambling company do not abuse KYCs then I think KYCs will not have much effect. But the question that many raise is that if KYC is made mandatory then what is the difference between fiat gambling platform and crypto gambling?

The simple answer to the question is privacy. People don’t want to give away their id verifications on random online casinos. Moreover in many countries Bitcoins or cryptos are not legalised, so they don’t want their id documents to get linked with crypto transactions. This is main reason for which many people hate to do KYC while playing on online casinos. But on the other hand casinos need to follow some protocols in order to know their each customers and their source of money. Hence if we see both sides have their own reasons for KYC and no KYC.

It's simple for me. I gamble for fun and I don't want to under go the hassle of going through a KYC just to have some fun.
Besides that there are risks of getting our KYC data leaked through hackers. The lesser sites we provide our KYC the lesser the risk.

I was never against KYC verification, I have never been, because I know that I'm not doing anything wrong and if that isn't the case, there should be no issues as long as you know that the platform you are using is trusted and reputable and they won't misuse your personal identification. Some people are so much against it, I don't understand why. I know that it's good to stay anonymous and private with your activities but the same people would be seen using decentralized exchanges after completing their KYC verification.

And, there will soon be a time when almost every single person will be compelled to complete KYC verification if they want to make use of a certain platform or service online because everything will be regulated and authorities wouldn't allow no-KYC platforms to operate anymore after that point.

I am not concerned with money laundering in this context. Held people accountable is a problem of the casino as business, not really mine as such. Accounts can be restored by other systems. They do not reduce addiction, just send it somewhere else. Enforcement of local rules is not really my problem, it is the law enforcing authority.

Overall, the only good reason is to reduce tax evasion, which I am not sure is "good" in all cases.

And also avoiding your personal data and government documents falling into the wrong hands. Any centralized exchange can be hacked, just like Poloniex demonstrated. And so can a DEX. But with a CEX, the problem is that they have files which could be used against you, for example identity theft, and after that comes much worse. I would not recommend it. Imagine waking up one day to discover you are a wanted felon in some foreign country and you owe people money because someone borrowed money with your ID. Really bad situation.

If you absolutely need to trade, use a good DEX.

Have you also forgotten the negative side of kyc?
How trusted are you that those gambling site are not selling our identity and what if it's used for theft from their backend what would you do.
There are alternative to restore back account if stolen or hack from the original owner, some casino or gambling site do request for all the transactions hash of the regularly used deposit address and the last time you deposited or withdrawn from their platform this alone gets your account restored.

1. It's what we've been told but can we trust them? Whatever is written can be clean up by the makers, when the power belongs to centralized government anything is possible.

2. Under age gamblers still exists, it doesn't take too much to grab their papa or mama drivers license to pass any KYC verification and viola, they will start gambling in no time.

3. You are right, but it still doesn't make a lot of sense, if I am criminal, why would I choose to use a casino to make illegal transaction when I am not the owner of the casino? If you are looking for criminals disguising themselves as casino business runners it's always from the inside, probably the owners.

4. KYC can't reduce scamming, who is a customer going to scam on a casino? The house? That's not possible, the only reason why casinos ask for KYC is when the customers win a large amount and they want to withdraw it all or when the customer breaks the rules of the casino.

5. If KYC is already passed on a casino why the need for an hacker to hack such account? If they find their way into the account and they see that the owner already pass KYC they will take advantage of the account in little time and abandon it, so the real owner is free to take it back.

6. Yes it's necessary and I am not against it, the truth is the regulation is to safe people from getting rough handled by the casinos, that's why I don't like using a casino that's not regulated, if a regulated casino do something bad to their customers they can face charges by the law.

7. You are wrong, KYC verification has nothing to do with your gambling addiction, it's either your family and friend helps you or you get a therapy, seek for help somewhere else.

8. KYC verification can be used to enforce regional gambling restrictions, I think this is possible but limited to certain country and that's on the casino to reject every KYC from such region.

1. I dont care about money laundering, it do just happens not only on gambling platforms.
2. Cant totally stop yet youngsters would really be just simply faking out their age and even sending out their parents ID.
3. Sometimes its been used for scamming their users but of course it would depending on the platform you are dealing with.
4. Scamming who?
5. One of the benefits if trying out to identify the real owner
6. Government would be always having the say or their rules are absolute
7. Self exclusion is a choice
8. In speaking about restriction then it wont really be that applicable on most gambling sites.They would be
blocking regarding on country restrictions.

Normally I try as much as possible to avoid that route and if I can go all out without having to give out my personal IDs and other numbers that can be used to trace and tax you on several things is why most of us rather play in online casinos that accept cryptocurrencies which give us the 100% privacy and other security,  although the government may want to exact tax from the citizens through the KYC which will be used to trace citizens income.


So aside from the government, KYC of of no benefit to either the casino or the gambler, so in the end, only the government benefits from the KYC mandatory, no wonder KYC always comes from licensed casinos that are regulatory compliant.

There are plenty of advantages in playing in KYC free casinos and using KYC free services in general.

For one, your money should be immutable and you should be able to use it for your entertainment without any restrictions. If I wanted to go to the theater for instance but was forbidden for having an Arab Surname, then my money holds less value just because I was also asked to provide my name.

We've been asked to identify ourselves in so many places and in so many ways that we've forgotten that the norm is just paying cash for a service you receive. Nothing short of that. Your name being attached to every payment you make isn't a feature that protects you, it's a feature that restricts you. People that want to enjoy maximum freedom with their money do it by keeping it separate from their identity, and it makes perfect sense.

You're repeating the words of Klauss Schwab here who said that if you have nothing to hide you shouldn't be afraid of CBDC.

Why do you shut your doors and close your windows? Let people look inside, unless you have something to hide.

I'm against KYC and yes, I have things to hide. We all do! Privacy is our basic right.

It is said in these parts "conchita de mango." -/ I leave it in Spanish for its best translation, but, meaning that you slip, you fall, in a situation that is not how you analyzed it in the first instance, given the play of ideas in the context/-.

KYC is not necessarily relevant for most players, they do it and that's it, hey, it has always existed.
Then, in reality with no KYC something similar happens to what happened with porn in the early 90s on the Internet. Those years, it was embarrassing to put your DBT, where later in your account statements you literally had "Porno hub" publicly, that was solved in many ways, but, that are another story.

Well, the majority of serious players seeks to protect their privacy and is what is really tempting to choose that path, then you protect your information that is always at risk and you guarantee your security.

Then it happens that KYC, unfortunately in my opinion, is applied very poorly, fortunately only in some casinos, who want to take advantage of those "legal grays" to delay withdrawals, or they used AML to ask you not only for your legal information, to your neighbor too (sarcasm).

In short, that is a good reason to opt for casinos that offer no KYC, at least partially that idea currently since reputable crypto casinos are in the idea of doing KYC.

And it is sad to think that because of a few "criminals" the vast majority of players have to be affected by their right to privacy.

It does not matter how you look at it, KYC verification is inevitable. Let's look at how KYC are enforced and when it happens to understand this. Example : A casino will start out small with virtually a few hundred gamblers and they want to stand out from their competition, so they announce that they do not ask for KYC verification.

This goes on for a few years and they gain MANY gamblers, but as they grow... regulators start to notice them and they track them down and confront them with options... "either implement KYC or get shutdown" .... so suddenly you see sites with no KYC requirements, starting to ask for people to verify their identity.

So in conclusion : They start with No KYC requirements and are then forced to implement it.  ::) 

For some people they are not comfortable when their identity is known when playing online gambling, especially since there are many cases of hacking targeting online platforms, they are worried that their identity will be hacked and traded online and that threatens their privacy, maybe that is a factor why they prefer to use gambling platform without KYC. But for me personally, I don't really have a problem when my gambling platform asks for KYC, because the gambling platform I use is quite popular and the security is quite good, moreover they have been regulated in several countries so it is quite safe in my opinion.

I've never been against KYC especially if it's a service that would be used for a long time like a gambling site. But maybe for those who will just use it for a short amount of time, it will be an issue.
I asked my friends before why they don't want their information leaked out and most of the answers are mostly about their privacy. They don't want to send IDs, passports, or whatever the gambling site is requiring just so they can gamble a bit.
I didn't debate with them because it's going to be a long explanation. I think they should also know what the gambling site will be risking if they don't follow the rules of the country they are in.
I have played only once in a dice site that has no KYC. After that, I just stayed with the reputable ones even though I needed to send some information about myself.
There may be people who like keeping their anonymity but for me, there's a right place for that.

Money laundering business is at advantage for those running a casino than people using the casino to gamble, it makes no sense that KYC can reduce money laundering in casinos, if I want to launder money I won't choose a casino because its not mine, out of my total control, anyway, many people have already gave good points about KYC and gambling but what I know is that crime and illegal activities are always off the plain site, they happened where you won't look into, if any casino is going to run any illegal activities they will be registered and legalized, this will make the casino the last place to would suspect of any illicit activities.

People don't know that those who have the power to make rules are the ones capable of criminal activities, and they will operate easily without any suspicions.

Now I do believe that KYC is compulsory for different reasons and I don't have problem with that, but privacy is a big concern online, most people don't want to be tracked that's why they value their privacy, I don't blame them because those centralized power are used to doing such things, I hate banks for this.

what I understand at the moment is that it all depends on each individual goals, when someone who really cares about their anonymity they will always avoid KYC and refuse to do KYC, but for gamblers who dont really care about anonymity they can do KYC even if its because they have to. like some people who may already really believe in the casino site which has more high trust and find it difficult to accept other casinos, of course they will do KYC just to be able to gamble on the site and there are also people who register at a casino that requires KYC because of work demands. campaign.

still, it all depends on each individual, but I personally choose to do KYC to avoid something happening like what the OP wrote.

Because regulators noticed casinos, casinos started implementing KYC for their members so everything changed. Those of us who often gamble also have to be aware of this, so we need to prepare the documents if the casino asks us to do KYC at any time. And we also can't do anything when the casino asks us to do KYC. But we as gamblers also have the choice not to use that casino and move to another casino that provides more comfort because gamblers play at that casino to get comfort too.

When we move to another casino for the reason that we don't want to do KYC, the casino will not force us to stay at the casino. The casino gives us the freedom to continue using the casino for gambling or move to another casino.

That's true! If the casino is comfortable with people depositing lots of money and will not demand KYC, why would they ask for it after a win and withdrawal request? I know many nations or regulators mandate casinos to enforce KYC policies but some casinos are taking advantage of it. They will use the KYC to fraudulently delay payment and sometimes freeze customer's funds. Doesn't it mean that the funds become tinted only when they are coming out of the casino

Using no KYC as a business strategy to attract customers is not bad. But it is important to give your clients a long time notice before changing the casino policy. You shouldn't assure gamblers that they don't need KYC but when it is time to withdraw a big win, you start asking for KYC. Let everything the gambler needs to know be in your terms of service, there should be no hidden terms.

You and me both know why some casinos does this... right? You mostly find this happening with "new" or "smaller" casinos, because they do not have the funds to pay out huge wins. So they will ask for KYC verification to delay the payment, so that they can get funds to pay it.

They also hope that they can find something in the KYC documents to deny the payout of the win. We are not dealing with people that are selling Bibles here.... some of them have tainted backgrounds and connections with very shady operations.  ::)

This is what has been happening all along, where new or smaller casinos are unable to pay out the winnings that gamblers get from gambling. And those casinos will ask gamblers to do KYC to delay their payments.

Everything you say is to reduce the problems that can arise in casinos, but crypto gamblers don't want to do KYC because many crypto gamblers gamble with small amounts of money and don't use crypto to make money. For reasons like this, crypto gamblers don't want to do KYC, especially with the many frauds committed by these shady casinos. Gamblers want to avoid experiencing it.

However, in the future, every gambler who wants to gamble must carry out KYC because there may be many illegal cases occurring, and the government wants to control them. The government does not want to see its regulations misused by irresponsible people, so it tries to apply its regulations to all casinos so that the casinos also apply them to the gamblers in their casinos.

Isn't it weird that they care too much about anonymity though? I get it you're on the Internet but the government and your ISP already knows who you are so how are we going to be that paranoid about our anonymity when there's already people that knows us and there's no person here that's totally off the grid so I don't see why worry about anonymity. I think that the only reason why people want no KYC casinos is because they don't trust anyone and a lot of them are probably money launderers or at least mules of money launderers so they want less flak on them as much as possible. You can't really blame the people who advocate for no KYC casinos as there are scum casinos that will sell your data to a third party which are often malicious in nature.

Truly privacy is our basic right. If you can shut the door and shut the windows to prevent people from looking in I think your privacy is secured but when you shut the door and open the windows, it makes no sense because people would still peep through the windows  to see for themselves what is happening inside the room. This is the case of third parties and KYC. This is why I detest KYC. Of what point is it doing KYC and what is the guarantee that your details are well protected if the third parties themselves claiming to protect your details suffer hack.

Yes of course everyone has their own worries in themselves especially when it comes to their personal data, and of course as you said that is why some gamblers choose to move to other platforms that can be accessed without having to do KYC, it's because of their fears, while on the other hand it is not uncommon for several cases to occur about some people who are victims of misuse of their personal data by other irresponsible people.

Actually, KYC can be a problem because of the level of concern from gamblers, and I think that's a normal thing because it involves someone's personal data. KYC can be harmful and it can still be safe it depends on you yourself in choosing a casino in my opinion, like what you did, maybe for you KYC is not too problematic because you choose a casino that has a high enough popularity and has also been trusted for a long time, that's good advice and maybe some people can follow your way to choose the right casino even though you have to do KYC but with a high level of trust in the casino I think it is unlikely that your personal data will be misused by other parties because trusted casinos will usually have tighter security.

The risk of providing KYC is your data could be misused. Either directly from the one asking or due to mishandling and hacks. Theft of identity and thousands of complicated situation arising from it.
And with the crypto and gambling most people do want to stay anonymous for personal and legal reasons.
Even in my jurisdiction, gambling with crypto is a gray zone, I have never paid taxes on gambling profits and I don't want my government to know about it and providing KYC would make it easier for the government to blanket prosecute every users.

I am not against KYC requirement in gambling but the thing is our privacy and security. When there is a data breach our personal information will surely be compromised. KYC is good to be honest as it prevent the possible money laundering and scammers or any other illegal activities within gambling sites and or facilities.

KYC plays an important role in suppressing any illegal activities. Although Crypto Casino was intended as a gambling platform without KYC, many miscreants are taking advantage of this opportunity, which is one of the reasons for breaking the peace order for any country. KYC plays an important role to get rid of such situations. Moreover, KYC has also been made mandatory as per the laws of the country. If there is no misuse of KYC information then I don't think it will be too much of a problem for anyone but otherwise there is a risk of gamblers losing their information.

If I were underage or lived in a country where I couldn't have access to any casinos in a legal way, due to them banning every customers from my country, of course I would want to avoid being identified and I wouldn't consider myself a criminal for that reason. Maybe towards the law and the local moral code I would be considered one, but there are universal values which go beyond local rules, that might be moral, but not ethical. A good example of this is the fact that to persecute jews in Nazi Germany was considered moral, and those who didn't do this were considered traitors and criminals.

So, if someone is called a criminal for going against a moral code, while following an universal one, in order to practice or fight for his freedom, let them call you a criminal... It doesn't mean anything pejorative against you, after all.

KYC procedures has its own importance but we cannot blame gamblers who are against it simply because they are conscious of their personal information which is on the other hand could really be at risk. On my end, I’m fine following KYC requirements as long as it is on trusted gambling sites. The only thing which pushed me to do so is the idea that a reputable platform won’t throw its reputation just for the sake of IDs and names of small time gamblers unless private keys are included. From being here in this industry for years, fortunately I haven’t encountered any problem concerning KYC procedures. But of course this should not be an excuse for us to take extra caution of sending informations especially to new gambling platforms.

KYC (know your customer) can indeed help identify and prevent illegal activities such as money laundering by criminal elements, terrorism financing and so on, and that is a reason that may make sense.
However, most gamblers don't like KYC because they are worried that their identity will be misused and it makes them feel uncomfortable because anything can happen and with this they anticipate and try as much as possible not to avoid it.
And I am not against regulations using KYC, and I will also continue to use gambling platforms without KYC because and whatever the reason, I don't want undesirable things to happen.

None of this is actually true. KYC doesn't reduce money laundering, it just makes it possible to attach an identity to a crime. Criminals usually think a few steps ahead and aren't using their own documents for verification. Non-KYC casinos can just ban a player if they are aware of suspicious activity.

None of the other arguments in the list hold much weight either. KYC only reduces privacy for law abiding gamblers and the data collected can be used against them. It makes them susceptible to identity theft, targeted attacks, and unwarranted surveillance.

its not unusual when someone is more concerned with anonymity because we dont know what they are thinking and what they are planning and the most important task for me is just to respect any differences of opinion from other people so if someone prefers to reject casinos that use KYC I will not giving any criticism because it is his choice and what I know is that I will do what is best for myself and other people do what is best for that person.

regarding casinos that sell customer data to third parties to commit crimes until now maybe sometimes I worry about this but I will always entrust my worries to myself as long as I do KYC at  reputable casino and I dont do anything bad that does not will occur.

KYC verification is not a problem in countries where gambling is not considered a crime but gambling from countries where gambling is a crime will never want to gamble with KYC verification. If gambling is done with KYC verification from a country where gambling is completely illegal, then the person has a high chance of being caught and if caught for this crime, he can be jailed for several years.  Basically considering this aspect, many people do not like KYC verification in gambling. 

You have raised several points about the advantages of gambling with KYC verification, these points are certainly important, especially in countries where gambling is not banned, but in countries where gambling is illegal, successful gamblers will never want to do KYC verification.How safe do people who gamble through Telegram app find this gambling game? I think this type of gambling is totally risky so every gambler should be careful from this type of gambling. Telegram usually has a lot of scams so I don't trust any events or news coming from Telegram. If money has to be risked then I am ready to risk maximum money on any other platform or anywhere else but I will never take such risk on Telegram because I don't want to be cheated knowingly.

In my opinion every person on earth has their own views on privacy, anonymity and gambling so they should have a choice - to play in casinos that are in a jurisdiction that requires money handling businesses to make users undergo KYC, or to play in a casino that does not comply with such a requirement.

I am not some kind of criminal but I believe that no one has the right to look into my pocket without my permission - be it the government or some other organization.

Unfortunately, they do have the right as long as you have the privilege to use all the government-funded projects to make a living and have a license to drive on the road and if you violate what's on their constitution they can order the court to yield everything you had, you are not a land where you don't care about everything you will be liable and made to follow what they instruct.
If you don't want them to snooze on what you have then don't use any of their facilities and their platforms, this is the reality and we are made to comply with it.

Not using a platform that we don't like is the best way and in fact, we have many casinos that still allow us to gamble without needing to do KYC. But to be able to gamble without KYC, we also have to know ourselves and only use a little money, which could make the casino suspicious. Just imagine if there was someone who had just joined for 3 days and then deposited a lot of money, for example, $3000 to gamble. The casino will be suspicious of where he got that much money from, and the casino will confirm this by carrying out KYC because with the money, the gambler might be able to win as much as $100 or more. The casino only follows the procedures given by the regulator and tries to comply so that the casino does not experience any problems.

Can't the same thing happen when we complete KYC verification at cryptocurrency trading platforms? Since most of us use centralized exchanges for the features and products they offer which can't be found in decentralized exchanges, we are compelled to complete our KYC verification there and we don't get our hands back in that matter, why hesitate to do it on a cryptocurrency gambling platform? The regulations are the same for both industries as far as I know.

If someone is afraid that their data can be misused or mishandled, they should only join the most reputable and trusted platforms and gamble with them so that they don't have to worry about their data being misused or mishandled but as time goes by, the requirement for KYC will keep becoming more and more necessary and users will eventually have no choice but to comply with the rule.

If the casino does not use KYC when withdrawing funds, then personally I have more desire to use the services of this casino, as it gives more guarantees that the data will not get to the tax authorities, that the funds will not be frozen due to sanctions or other bureaucratic delays

This is actually the reason for the need to provide KYC at gambling in countries where gambling is legal. Casino is under the rule to protect our identity. the safety of our money is more secured with KYC. if there is any harm to your identity or asset, you can make a report to the police or any other legal institution. What you said is only the cases for people who live in a country who ban gambling.


Staying anonymous is a choice that has consequences like no tax, but when things go complicated, you cant make complain when it gets mishandled or hacked.

I think if you play with big bets you better provide KYC, unless you play small bets for fun.

I think the main reason is that people want to protect their anonymous profile and the company having access to your data i know is part of their policy, its personal if you don't like kyc then you go for gambling sites that don't require KYC  even me am not a fan of kyc and their is a lot of reasons people don't like kyc but they feel if anything should go wrong illegally they will find it much more easier to trace the offender. With kyc they have given the government full access to tackle anything, anybody. Not that anyone his into anything but everyone is just trying to protect their data.

Sure we don't know what they're thinking but we can have an unreliable deduction that most of them are probably going to be doing something shady so they don't like the idea that they have to give away their information, it doesn't make sense to be anonymous on the Internet anymore because I am sure that when you're connected to the Internet, your government probably already knows about you especially if you already have the social security or a registered voter or have a driver's license. Only way that someone can truly be anonymous if you go off the grid.
Reputable casinos aren't immune to this problem because there's a possibility that an employee will do the leak without the company's knowledge or there's a weak link employee that the hackers that want your data will exploit, it's easy to send someone an email that contains a malware to hijack the computer especially if you know how to social engineer efficiently.

The whole KYC requirement to combat AML or meet regulation requirements is actually just an option. There is a casino that is less strict regarding identity verification and there is one that requires a thorough identity verification before the user is able to play. We can not force a casino that wants to meet its regulation needs and comply with any applicable policies to ignore their user to play unidentifiably within their site. After all, the people have the decision whether on what kind of casino they would to play. They are also not being forced.


Note that some casino do share their data without necessarily committing a crime. They might have an agreement regarding data usage. Moreover, Data security practices especially sensitive user data are handled carefully and not regular employees are able to access it. Indeed there is a potency of data mishandling or hacks, but if someone truly has paranoia about their data being stolen or hacked, why would they commit a KYC verification in the first place?

Privacy is usually the basics and primary reason most persons would wan to get away with KYC because no only will you information be possibly leaked, some casinos use it as an excuse why they withhold back some big wins won by their clients so basically why stress with a casino that requires KYC when there's others who doesn't.

Some persons of high caliber and personalities who gamble for reasons best known to them wouldn't want that aspect of their lives publicised so they prefer staying anonymous while gambling because they are scared after KYC their details will be out there in the public in situations where the site probably gets hacked. But then I don't see KYC as been necessary enough to be troubled about so I still prefer gambling without KYC so my preference if basically for security and privacy.

There are also other reasons for not doinG KYCs.. Most of us wants to maintain our online identity anonymous. By doing KYC we are exposing ourselves. They won't even need all the information. They just need the identification number and they can pull up every information connected with me. I don't believe these platform with KYC because there have been several cases of data leaks, breaches etc. They are just not as protective as they should be with our data. Imagine your identity is being sold on dark web just for 5-10$. Terrifying isn't it?

Most of the gamblers want to gamble without kyc requirement due to the purpose of hiding their personal documents and gambling anonymously. But due to casino license and some restrictions, it is not always possible to avoid kyc and play gambling. although it is possible to deposit without kyc in many casinos, kyc is required when withdrawing, or sometimes due to account problems, kyc is forced to keep funds safe. Because of this one should always use trusted sites which try to keep Kyc documents very safe.  So the possibility of documents being stolen is greatly reduced

Sorry' KYC doesn't diminish all of these pitfalls you have listed above, don't make it seem as if with KYC all the enlisted are solved, because it's not.

1: money laundering racketeering mostly use kyc requirements gambling sites using forged documents to pass kyc. Because if the believe that kyc gambling sites reduces money laundry activities money launderers tend to use them more often as it will be less suspicious than when using a non kyc site.

2. This is a falsehood as underage can use the documents of parents or older siblings to pass the KYC process without the gambling site suspecting it.

I can keep disputing your claims on and on one after another but need not be since you're playing the devil's advocate. We are all gamblers and we know what's up on this debate.

Many casinos wouldn't ask you for KYC verification even when you are trying to withdraw as long as the amount isn't very high. They let it passed and let you enjoy your gambling experience as long as they don't see any sudden changes or activities that make them suspicious about you or you don't start making larger deposits and withdrawals all of a sudden, that is when they are compelled to ask you to complete KYC verification to make sure things are okay and it's actually you using the account.

And it's not only about new casinos but many of the reputable platforms would allow you to deposit and withdraw small amounts without doing KYC because the amounts are of no concern to them. You make a $200 deposit and withdraw $100, they have nothing to lose or to be concerned about.

Despite the numerous benefits of having KYC implementation and using sites/casinos that implement KYC in their login and verification system, these casinos do not have this one thing that makes no-KYC sites so appealing to the public—the convenience of not having to sign up and verify your identity across multiple sites over and over again. And to some people, you just can't put a price on that.

There's also the preppers who are so afraid of their information being sold on the ad market so they can be marketed with soaps and all other shit. Which I still can't wrap my head around but I guess it's just fair when the ones at the upper echelon never did anything right.

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

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

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

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

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

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

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

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


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

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

But I think if you like to check out a quite comprehensive overview, 1miau has taken the time in 2020 to write down lots of problems regarding KYC (https://bitcointalk.org/index.php?topic=5221497.0). The thread is worth reading and drop some merit if you can for 1miau.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Agreed.