KYC procedure in online casinos does more good than bad or the other way around?

[Bitinity]

It's good for the site, they can prevent people who cheating on ther site by creating multiple accounts. But it's not good for the gambler, their Identity already known and they don't know what will happened with their ID in that gambling site

KYC is an advantage of the gambling site.

A gambling site is secured with a KYC, as they said it to me but as you've said, I don't even know where my information goes. The site knows your information, unless you are serious with your gambling, I think you don't need to send your information to them.

if your serious playing gambling with them then why dont you trust them with your kyc ? you shouldnt only do kyc on a site that you dont trust with  . kyc is an advantage on both gamblers and gambling site owners because if your a player you can get your account fully verefied and that also unlock more rewards for you  . if your verified other gamblers can also trust you and they can make a deal for you inside or outside the gambling place  .

Rewards for KYC? I have never heard that there are some rewards for doing KYC, at least if we are talking about crypto gambling sites. Since we are in crypto gambling world where one of the main advantage is about its anonymity, there is no good reasons for doing KYC imho. I will only do KYC if the site ask me to confirm my withdrawal once I win big, otherwise I wont do KYC for other reasons.

[proTECH77]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

[Questat]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

But most reputable gambling sites now require KYC now, and possibly the others will follow. It's a life-changing with gambling if they all require KYC, we have no choice but to follow their rules or stay away from online gambling. Anyway, we have that offline casino where we can still gamble. This won't be a big problem for us and not a big issue to take seriously.

[JohnBitCo]

It's good for the site, they can prevent people who cheating on ther site by creating multiple accounts. But it's not good for the gambler, their Identity already known and they don't know what will happened with their ID in that gambling site

KYC is an advantage of the gambling site.

A gambling site is secured with a KYC, as they said it to me but as you've said, I don't even know where my information goes. The site knows your information, unless you are serious with your gambling, I think you don't need to send your information to them.

if your serious playing gambling with them then why dont you trust them with your kyc ? you shouldnt only do kyc on a site that you dont trust with  . kyc is an advantage on both gamblers and gambling site owners because if your a player you can get your account fully verefied and that also unlock more rewards for you  . if your verified other gamblers can also trust you and they can make a deal for you inside or outside the gambling place  .

Rewards for KYC? I have never heard that there are some rewards for doing KYC, at least if we are talking about crypto gambling sites. Since we are in crypto gambling world where one of the main advantage is about its anonymity, there is no good reasons for doing KYC imho. I will only do KYC if the site ask me to confirm my withdrawal once I win big, otherwise I wont do KYC for other reasons.

In order to encourage the KYC, the gambling sites can give bonus or freeplays for those who successfully completes the kyc. Although I am not a big fan of kyc but this method of promoting kyc can be effective and many people may consider themselves for kyc just to gain these additional benefits.
Without such benefits, I think no one will be willing to do kyc on gambling sites.

[Ryker1]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

Indeed, gambling platforms that had implemented KYC are not tempted to the gamblers to visit, besides they are avoided to them. The good thing is that always read the FAQ and ask before you deposit in a gambling site because it is hard also to withdraw if you bypass KYC procedures. Well, the perspective view of gamblers that gambling platform has KYC is bad for them.

[onrise]

KYC done to any site or anywhere if it is not registered by the authority or by the government could be harmful as you might not know where those data could be misuse and how it can effect you. So people do not prefer to use such types of sites where KYC is required.

[Ucy]

KYC done to any site or anywhere if it is not registered by the authority or by the government could be harmful as you might not know where those data could be misuse and how it can effect you. So people do not prefer to use such types of sites where KYC is required.

I agree with you on this.  But such practices by unregistered companies are no different than practices by registered ones. Am not sure if there is law against inappropriate use of people's  identities by registered companies otherwise big sites that have been caught misusing private informations would have been penalized

[Question123]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

To become safe our details you can avoid the gambling site who needs KYC because many gambling sites now who are legit and trusted but they did not asking to us about KYC so don't choose some gambling site with KYC. Your protection is depends to you so if you want anonymous player just skip the KYC and don't play there very simple no need to think just ignore them.

[Red_Evil]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

To become safe our details you can avoid the gambling site who needs KYC because many gambling sites now who are legit and trusted but they did not asking to us about KYC so don't choose some gambling site with KYC. Your protection is depends to you so if you want anonymous player just skip the KYC and don't play there very simple no need to think just ignore them.

exactly,  I wanna know where is gambling sites that need KYC? because I never meet a gambling site that needs KYC. there are many gambling sites, I suggest you guys if you wanna make a bet, choose the site that not needs KYC.

[finaleshot2016]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

It can be used in blackmail too if you have a lot of winnings in their platform. Those devs will easily control their participants in case there's a bankruptcy happened because the user is good at the game and keep winning. I hate platform that has KYC because there's a lot of fraud happening right now especially on the internet. 

[ethereumhunter]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

Indeed, gambling platforms that had implemented KYC are not tempted to the gamblers to visit, besides they are avoided to them. The good thing is that always read the FAQ and ask before you deposit in a gambling site because it is hard also to withdraw if you bypass KYC procedures. Well, the perspective view of gamblers that gambling platform has KYC is bad for them.

Yes, for that reason, the gambler will stay away from the gambling site which using kyc because they don't want to use their personal identity to play gambling. They only want to enjoy the game, chat with some friends, or just visiting the website so they know if there is a new update from the site. But there is a gambler who is okay with the kyc and they send their document to them because they believe with the security of the site.

[joshy23]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

It can be used in blackmail too if you have a lot of winnings in their platform. Those devs will easily control their participants in case there's a bankruptcy happened because the user is good at the game and keep winning. I hate platform that has KYC because there's a lot of fraud happening right now especially on the internet. 

Consider that too, it can be used to do some bad things if ever you win big amount, the site who's asking for your information can delayed your
withdrawals asking for things which should not be bothered being ask but you don't have choose but to follow.

[RivAngE]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

But most reputable gambling sites now require KYC now, and possibly the others will follow. It's a life-changing with gambling if they all require KYC, we have no choice but to follow their rules or stay away from online gambling. Anyway, we have that offline casino where we can still gamble. This won't be a big problem for us and not a big issue to take seriously.

777coin doesn't require any KYC and I don't see why every gambling site should end uo requiring one.
There might be countries that require it, sure, but there are probably some who don't care. There might even comes a  time when everywhere it's necessary to have KYC and they IP block sites that do not require, but this doesn't mean there are no way around it.

PirateBay and the likes of it have been targeted multiple times for example, yet many of them continue to operate just fine.

[Best Dreams]

KYC done to any site or anywhere if it is not registered by the authority or by the government could be harmful as you might not know where those data could be misuse and how it can effect you. So people do not prefer to use such types of sites where KYC is required.

Agree, it is not good to get in something anonymous because anyone can scam on you, there are so many people who are only in search of people who can take advantage of other peoples innocence and then get vanish so make sure if you are investing the site must need KYC and is athoritiezed from government of the area because it is safe.

[Maslate]

KYC done to any site or anywhere if it is not registered by the authority or by the government could be harmful as you might not know where those data could be misuse and how it can effect you. So people do not prefer to use such types of sites where KYC is required.

Yes, there might be some sort of security breaches when this KYC will invade your personal privacy as a person. We don't know what lies behind this registration, it might be used against you in the future. Online gambling casinos shouldn't b requiring that kind of customer transparency of identity , because all gamblers wanted to anonymous.

Supposedly it should be, but as I observed now there is a huge numbers of gambling site are requiring KYC upon registration and it is our call to decide of giving our personal identities or skip. And the fact that they require KYC, we have no choice but to follow if we wanted to be. But anyway, they aren't forcing us to join with, its still depending on our decision.

[Rufsilf]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

I don't think all cannot be trusted it's just that it is very risky because the site can be hacked, so if the sites system will be hacked then they can get the information for KYC which scammer can use to scam other people, that is why most gamblers don't like KYC. Though it is good for added security but it has risk of being exposed if the site security isn't that strong.

[Johnzky]

For me if the KYC is required and been updating for the players and being there from the start I think this is good to protect the players though sometimes this has been used to take advantages for others

I know this is against the anonymity of cryptonians

[iv4n]

For me if the KYC is required and been updating for the players and being there from the start I think this is good to protect the players though sometimes this has been used to take advantages for others

I know this is against the anonymity of cryptonians

KYC is one big shit! Casino doesn`t protect you with KYC, they protect themselves. I promise myself that I will never gamble again in fiat casino or any casino that asks for KYC. I feel protected only when I have control of my coins, it`s when I have my coins in wallet with private keys, when I deposit I wish that to be instant, same like when I withdraw. Until now, and I gamble with crypto more than 4 years, with fiat even longer, only tron is fast enough and with tron live your deposits and withdraws are instant.

[ice18]

I understand that in many bitcoin investments like ICO or IEO we need to passed KYC as mandated by every jurisdictions but I dont understand why we should also passed KYC procedures with this casinos thats totally an abuse to our data privacy does this mean they are collecting data about users of this casinos it should be private and we must protect it from data breach if something happens to this casino sites my only question is Can we really trust our private info into online casinos?

[michellee]

I think many don't want KYC on gambling because of personal detail its sounds not safe to be known the details of gamblers, and some KYC need more time to approve so, they don't want to wait and they dont want a hassle thing will happened.

Most of these KYC accepting gambling platform's are not just going to deraile your sincere submission of your KYC but will eventually sell out your KYC, which is more reason gamblers online avoid them by all means because they cannot be trusted for a second. Personally I wouldn't gamble on a platform that require KYC before deposit or after deposit.

It can be used in blackmail too if you have a lot of winnings in their platform. Those devs will easily control their participants in case there's a bankruptcy happened because the user is good at the game and keep winning. I hate platform that has KYC because there's a lot of fraud happening right now especially on the internet. 

That is the bad things that could happen. The devs can pretend to be another person who knows that we are making a lot of money by winning the games on their site. They are trying to blackmail us, and if we do not obey them, our data will be sent to the black market, and another bad thing will happen. We need to be careful to send any personal document to another third party because once our data is stolen, then we cannot do anything.