KYC Process (Sportsbook)

[sana54210]

You have a choice if you choose them or not if you think that their requirements is a lot you can leave and don't play to their gambling sites. Because there is more gambling site that do not need any information or verification of the player only the email and password and needed and they are legit. Sometimes those gambling site who need a lot of requirements is possible to scam and use your Identity to other bad activities.

I think the area of choice is what is been ignored by many and it's really disheartening. Some players are so obsessed to some sites that they would not mind filling the KYC form at their detriment. There are a lot of gambling sites and if I am not mistaking the ones asking for KYC are by far lesser than the sites that do not ask for KYC, so let's be fair it's not compulsory.

So, if you aren't pleased with exposing your personal details, there is an option of gambling on a site that does not ask for this. For me, I have seen sites that I love to play games asking for KYC and for the love of the game and the love of the site, I would take the risk but not everyone can do this. We all know that gambling on KYC sites is a great risk.

[Ailmand]

Haven't tried betting sites with KYC requirement. There are a lot of betting sites that don't require this. Gamblers avoid hassle when gambling, so they avoid gambli g sites with KYC.

The most common procedure is to send a selfie with you holding a paper, a certain word and current date and a picture of valid ID as proof.

[steveabrahams]

Most of crypto sportsbook don't need KYC process but it will needed IF your account looks suspicious by the site such different IP, location, multiple accounts or winning big (for some sites). If it needed, usually are your ID, Utility Bill, bank statement, take a photo you with your ID and else.

Gambling sites have their own reasons why to ask for KYC, and like what you have said, those reasons from the list mostly happened especially when your account have suspicious movements inside the house. You need to process this procedure as it will give more access to that specific gambling house after passing the required identification.
For those who are just playing little and there's no problem with the account, they can enjoy using the house without any issues.

True, small gambler usually can gamble without problem at all, easy and fast withdrawal but when it comes to big bettors the house usually check it first like if you withdrawal 5 bitcoins, of course the site will check the account first. Actually i heard so many times a case where that once you won big and withdraw, some sites will ask you to verify KYC.

[bitgolden]

It's a gamble when you're providing your personal info to a gambling site!
You may get your information exploited or they might be a trustworthy website which is operating in accordance to the law and they're respecting their customers.

Going with a non-KYC website might be safer for low-volumes but can such websites be trusted bigger amounts?!

I am very sure anyone gambling non-KYC would be aware of the risk, even though the reason why some sites ask for kyc is justified but not everyone would always avoid taking the risk. There are a lot of big old existing trusted casino sites that do not ask for KYC and to think that most of them are actually more reputable than some of the ones asking for kyc makes me wonder what people see in those kyc sites.

I don't see any reason why a gambler would want to risk playing on such sites knowing the risk involved in exposing one’s personal details on a gambling site. In this note, I have never played games on sites demanding for Kyc and as a matter of fact, I am okay with the sites I am using, not running after too many sites.

[FontSeli]

I don't really take KYC in gambling sites but it is needed sometimes if you win big(in which I haven't experienced since I didn't get the chance to have a big prize). But refer to the old sites such as bitsler, bitvest they don't ask KYC. And in stake and primedice since they are of the same owner, they are asking KYC if you win big.

In General, it is unfair to demand to take the KYC in case of receiving a big win. Users should know that they can safely play, place bets and be sure that in any case they do not need to pass an identity check. The passage of the KYC is fraught with the fact that you will be stored personal information on these sites and it can be associated with wallets from which you send money and receive winnings.