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bisdak40
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May 16, 2019, 08:45:17 AM |
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KYC is supposed to be beneficial for both the casino and the payers security, but when you send personal info accross the web, you are putting yourself at risk, not only concerning the potential "deviation" of that info between your PC and the casino server, but also if the casino has a leak or doesn't store the info in a safe manner.
traditional KYC can't be the future, internet is getting unsafer by the day and you are just exposing too much to be worth... I think services like CIVIC can in fact cover this lack
Do you really believe anyone would submit their KYC to these sites, it’s only a matter of time and they would realize that gamblers are not interested in this crazy regulation that is for their own good and not for the good of players. Gamblers would not submit KYC as it is our money that we are going to bet and it's really annoying for online casinos to ask for such and they are like shoving their costumers away from them. Personally, i have not encountered an online casinos where they ask for KYC. Is it only when you withdraw large amount before they ask for one? |
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Caladonian
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May 16, 2019, 09:58:36 AM |
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Number two is the main reason people avoid KYC.
It can be exploited by hackers, the gambling sites or even by lawless/tyrannical governments. There should be strong law to protect id owners from such exploitation else sites with the ID won't care about keeping them safe from exploitation
Yes. Gamblers want to remain anonymous as much as they want so they will surely avoid KYC and just play on casinos that don't require KYC anymore.Security and safetiness at first before anything else even if it means huge profits from winning from those casinos. Majority of online gamblers are they wanted of being anonymous, they don't want KYC. I don't know if why KYC also needed in the gambling site, I think that is not the necessary thing to do because gamblers are care with their identity or exploitation. I don't personally want KYC also, there is a lot of gambling sites out there that didn't have KYC so why you risk your personal identity/data just to gamble. I agree with you, most of not all are really aiming to play without compromising their real identity, they just wanted to play and enjoy without knowing them, so passing an online requirements like KYC is not much supported not unless you are a heavy gamers who really participating with online gambling who desires to play lots of hours a day and deposit and cash out huge amount of money. |
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Netnox
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May 16, 2019, 10:00:23 AM |
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Gamblers would not submit KYC as it is our money that we are going to bet and it's really annoying for online casinos to ask for such and they are like shoving their costumers away from them. Personally, i have not encountered an online casinos where they ask for KYC. Is it only when you withdraw large amount before they ask for one? Nowadays many of the countries have tightened the laws related to gambling, and as a result these online casinos are asking for KYC information from the customers. And it is not just when we are withdrawing the winnings. I have seen casinos asking for KYC even at the time of joining. If you still want to avoid the KYC, then there are a good number of sites that don't ask for the IDs, but the number seems to be constantly decreasing. Very difficult to escape the eyes of the regulatory authorities now... |
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mich
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#1 VIP Crypto Casino
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May 16, 2019, 08:19:14 PM |
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I am not such a big fan of this KYC procedure but it is only fair that the crypto casinos must make the players do it. Because of the easy to cheat these anonymous registrations. I will try to avoid a casino that knowingly might ask for my paperwork bu since i am not hiding anything or cheating i really dont mind too much. But i can understand why some might not want to do it.
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Finestream
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May 16, 2019, 11:08:46 PM |
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I am not such a big fan of this KYC procedure but it is only fair that the crypto casinos must make the players do it. Because of the easy to cheat these anonymous registrations. I will try to avoid a casino that knowingly might ask for my paperwork bu since i am not hiding anything or cheating i really dont mind too much. But i can understand why some might not want to do it.
I agree with you.If you are not hiding something then why you will avoid KYC procedure.I understand it's only for the security of the client and the casino itself.But even in my own case,i still don't want to engage in casinos that require KYC because as much as possible,i prefer to remain anonymous from other crypto players. |
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Lawrenzoo
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May 17, 2019, 12:42:01 PM |
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But what is really bad about submitting KYC? Is it not just filling of personal information? This is what i do in most exchanges when i want to carry out a transaction and even ICOs
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neonshium
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May 18, 2019, 08:27:34 AM |
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Gamblers would not submit KYC as it is our money that we are going to bet and it's really annoying for online casinos to ask for such and they are like shoving their costumers away from them. Personally, i have not encountered an online casinos where they ask for KYC. Is it only when you withdraw large amount before they ask for one? Nowadays many of the countries have tightened the laws related to gambling, and as a result these online casinos are asking for KYC information from the customers. And it is not just when we are withdrawing the winnings. I have seen casinos asking for KYC even at the time of joining. If you still want to avoid the KYC, then there are a good number of sites that don't ask for the IDs, but the number seems to be constantly decreasing. Very difficult to escape the eyes of the regulatory authorities now... That is right. Even in the US-a place where cryptocurrency had been in use for long-the crypto is highly regulated and the banks that have been crypto friendly have been charging great 23.3% interest on crypto transactions. Actually this is also due to anti money laundering and you have to be known to an authority if you are say transferring money cross-border in Bitcoin. So KYC is something the gambling sites just cannot help and get rid of. |
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GregH37
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May 18, 2019, 11:48:55 AM |
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The points made are very accurate, I don't see why any casino should be asking Bitcoin users to do a kyc when they are very sure that cryptocurrency was for the purpose of anonymity, so why try to make the players reveal themselves? It doesn't make any sense. It's best that we all avoid casinos like that, if they are not ready to offer their site without kyc then they should stop calling Bitcoin users.
And selling information is no longer a new thing these days, they can collect information from people and then decide to sell it to the dark web. Just like the one I saw someone post here, they collected info from people and then sold it to propel on the dark web. People are evil these days.
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bittraffic
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May 18, 2019, 12:58:07 PM |
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Its easy to see why they skip KYC on online casinos so if its really required to do it first before betting, I would rather be going to a traditional casino itself and play on the table. I wanna skip KYC even on exchanges because its about personal information and if its in hands of someone with bad motives, these personal info is going to destroy my life.
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Noilee
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May 31, 2019, 12:20:04 PM |
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Simply because they don't want to reveal their identity, they don't want to reveal that they up to gambling online. Based on my experience, I prefer to gamble online rather in a real one because I don't want to be found out besides playing online make more anonymous or to play with ease. Playing on gambling with KYC is more like you presenting yourself that you are proudly a gambler which is out of our choices. But this is just my opinion maybe others have their own resons.
I agree, because some others gamblers need a privacy. So we cannot blame others if they skip kyc when they to gamble. If you dont want kyc then just go on online because theres a freedom everytime you gamble and maybe they do not care if who is the gambler. |
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Johnzky
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May 31, 2019, 01:00:55 PM |
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We are here in crypto because we need privacy in everything we do for our money and that’s what gamblers hated when the site asking for KYC because in this point we are losing our privacy and exposing ourselves for being exposed and be a victim of bad elements that has luring in our crypto community
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Muzika
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May 31, 2019, 01:09:21 PM |
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Simply because they don't want to reveal their identity, they don't want to reveal that they up to gambling online. Based on my experience, I prefer to gamble online rather in a real one because I don't want to be found out besides playing online make more anonymous or to play with ease. Playing on gambling with KYC is more like you presenting yourself that you are proudly a gambler which is out of our choices. But this is just my opinion maybe others have their own resons.
I agree, because some others gamblers need a privacy. So we cannot blame others if they skip kyc when they to gamble. If you dont want kyc then just go on online because theres a freedom everytime you gamble and maybe they do not care if who is the gambler. that is the most simplest explanation regarding KYC on gambling, people dont want to forecast its loses and winnings. They are gambling in crpyto because they also want to be anonymous that whatever the outcome of their bets. |
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XCANA
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May 31, 2019, 01:12:44 PM |
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Haven been through many online gambling platforms that offer KYC and then turned their offers down means that, my identity still be my privacy and should be honored as privacy than been sold for a penny. No matter how big the odds, and how profitable the platform look, aren't going to give my true identity.
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Vaculin
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May 31, 2019, 02:24:30 PM |
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Haven been through many online gambling platforms that offer KYC and then turned their offers down means that, my identity still be my privacy and should be honored as privacy than been sold for a penny. No matter how big the odds, and how profitable the platform look, aren't going to give my true identity.
Yes. It's the best reason why most of the gamblers do not comply KYC in casinos because they are totally afraid that their private information might be exploited. Although the owners of casinos are responsible enough to keep their players personal information private but it's still best to be safe and secured than to feel sorry in the latter part. |
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jhongzjhong
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May 31, 2019, 02:40:41 PM |
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Haven been through many online gambling platforms that offer KYC and then turned their offers down means that, my identity still be my privacy and should be honored as privacy than been sold for a penny. No matter how big the odds, and how profitable the platform look, aren't going to give my true identity.
Yes. It's the best reason why most of the gamblers do not comply KYC in casinos because they are totally afraid that their private information might be exploited. Although the owners of casinos are responsible enough to keep their players personal information private but it's still best to be safe and secured than to feel sorry in the latter part. Gambling industry knows this kind of weak strategy in the marketing of gambling casino. They also have a survey on this, they found out that most likely gamblers didn't do KYC/AML. Giving your personal identity in gambling is too risky and I don't also personally want to exploit my personal data even how odd or how profitable that kind of gambling site. |
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ruthwithers1980 (OP)
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June 03, 2019, 05:39:43 AM |
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All right. A lot of crypto players really don't want KYC because of those reasons already mentioned. But what do you propose now to address the issues (minors in gambling, players doing money laundering, citizens making bets online even if their law prohibits it, etc.) for which the KYC was created?
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acroman08
Legendary
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June 03, 2019, 06:26:46 AM |
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But what is really bad about submitting KYC? Is it not just filling of personal information? This is what i do in most exchanges when i want to carry out a transaction and even ICOs
KYC ask for your information and valid ID giving this kind of information to any site is risky. it may look like a small thing for you but it can be use in different and illegal things which might put you in an undesirable situation. |
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orions.belt19
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June 03, 2019, 07:46:42 AM |
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#3 HASSLE
No matter how enticing the promos of a betting hub may be, if the process of signing up and cashing out funds is highly time-consuming, you may just decide to turn to another casino.
This is true and I even feel the same way for non-gambling sites. There are times when I check out informative sites but lose interest when a sign up is required such as with shopping or media sites. I guess I'm just impatient and as someone who gets things with a simple click, I find the effort to go through a sign up time consuming or not even worth it. But IMO when it comes to sites which needs additional security thus a KYC is needed, I'd make the effort to go through the hassle of that. |
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michellee
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June 03, 2019, 11:20:44 AM |
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I am not such a big fan of this KYC procedure but it is only fair that the crypto casinos must make the players do it. Because of the easy to cheat these anonymous registrations. I will try to avoid a casino that knowingly might ask for my paperwork bu since i am not hiding anything or cheating i really dont mind too much. But i can understand why some might not want to do it.
I agree with you.If you are not hiding something then why you will avoid KYC procedure.I understand it's only for the security of the client and the casino itself.But even in my own case,i still don't want to engage in casinos that require KYC because as much as possible,i prefer to remain anonymous from other crypto players. Yes, I am with you guys. I don't want to give my personal identity to someone or one website which I don't really know who they are. I am too afraid of my identity can be used for anything they want, and I don't know about that. It is better to search the other gambling website which don't use KYC, and I am sure that we can find so many gambling websites which are not using KYC. |
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bitcoin31
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June 03, 2019, 12:46:47 PM |
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But what is really bad about submitting KYC? Is it not just filling of personal information? This is what i do in most exchanges when i want to carry out a transaction and even ICOs
KYC ask for your information and valid ID giving this kind of information to any site is risky. it may look like a small thing for you but it can be use in different and illegal things which might put you in an undesirable situation. KYC Is not good to me also as a player of gambling, I don't trust anyone because what if those gambling site that I pass KYC or my Identity will turn as scam and all the information of the player uae to bad things like scamming others. Im always be acreful to what action I made or even every single information I can do all to hide my informatiom for my own security because it is risky and we all know that. |
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