Reasons Crypto Players Skip Casinos with KYC

[MI6]

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

There are a lot of risk if we already give our data to a sites. For exchanges, usually i not pick which ask me to do KYC. Because a lot of site still can be used. And like gambling, site that actually i really want to play it anonymously. Because in my country we can't do gambling online or offline.

[witcher_sense]

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

There is an opportunity to protect yourself and also your personal information, that you send to a gambling website. I mean the case when you only send your documents to well-known a very reputable sites, which will never sell or share your data on purpose.

What can you do is just put some kind of watermark on your scans of the documents, for example "special for casino name". It makes such marked documents less attractive to be sold, especially in case of hacking, data leaks, etc.

[Japinat]

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

There is an opportunity to protect yourself and also your personal information, that you send to a gambling website. I mean the case when you only send your documents to well-known a very reputable sites, which will never sell or share your data on purpose.

What can you do is just put some kind of watermark on your scans of the documents, for example "special for casino name". It makes such marked documents less attractive to be sold, especially in case of hacking, data leaks, etc.

We will only think of selling if we think the casino is shady, but once they have license, they will not gonna do that, unless their data are hack.
For me it's not really a big issue as I am not really that important as a person, lol.. I mean if they will sell then be it, but I would never submit a sensitive information that they would know about my financial status in life.

[voltesbit777]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

[qomariah95]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

I'm sure many people are the same as your statement, including me. I also do not agree to do KYC for gambling sites, because I am the same as you. Playing gambling is only for playing pleasure. Not to do our self-verification just to play dice

[stadus]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

Most crypto gambling sites does not require KYC, the topic is all about "reasons why we skip with KYC" and we can see the reason in the OP.
We choose crypto as this given convenience to us, even if our country will ban gambling, we can still play since most casinos are not regulated so they are not required to comply anything unlike fiat gambling sites where there's a rules and regulation that they follow where they will be penalize if the violate it.

[Malsetid]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

I'm sure many people are the same as your statement, including me. I also do not agree to do KYC for gambling sites, because I am the same as you. Playing gambling is only for playing pleasure. Not to do our self-verification just to play dice

There are more casinos that don't require kyc so it's just up to you if you'll go to one that requires it. I think most of us would prefer to stay anonymous while gambling. There are also some who think that kyc will add security to their accounts. It's up to you to choose. Though as someone who have been gambling online for some time, i don't feel safe knowing that my personal and private info will be available to the casino for any use.

[joshy23]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

I'm sure many people are the same as your statement, including me. I also do not agree to do KYC for gambling sites, because I am the same as you. Playing gambling is only for playing pleasure. Not to do our self-verification just to play dice

If you are not that such a heavy player then there's no reason to engaged to much to the point of bringing your personal identification just to verify your gambling activities. There are many people around who find crypto industry as a good alternative to hide their gambling activities, there's no time for them to process this procedure as the main point of using crypto is to stay anonymous.

[jrrsparkles]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

I'm sure many people are the same as your statement, including me. I also do not agree to do KYC for gambling sites, because I am the same as you. Playing gambling is only for playing pleasure. Not to do our self-verification just to play dice

No matter whether you are playing for fun or playing to make money we need to follow the TOS of the gambling sites we are entering.

And gambling sites also don't like introducing the KYC part but they were enforced by their government so they have to follow what government says.

[2girls]

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?

Many people do not want to reveal themselves and do not want public to know that they are playing gambling.
Thats the only reason they avoid KYC.

KYC is surely for our own benefit it gives us security. I have seen now people don’t hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them what’s and why all these requirements are for after your complete satisfaction I guess a gambler won’t mind sharing KYC.

It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.

SO people who gamble a lot won't share their details to gambling sites.

At one side you want people to submit KYC but there is no grantee that their documents will not be misused. I think it is time that we first focus and determines ways how the sites can ensure the security of the documents ?

[andibongkol]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

I'm sure many people are the same as your statement, including me. I also do not agree to do KYC for gambling sites, because I am the same as you. Playing gambling is only for playing pleasure. Not to do our self-verification just to play dice

No matter whether you are playing for fun or playing to make money we need to follow the TOS of the gambling sites we are entering.

And gambling sites also don't like introducing the KYC part but they were enforced by their government so they have to follow what government says.

some country gambling is illegal. like my country here. that's why i make a bet with crypto that many sites didn't do KYC for their rules. we can still make a bet anonimously with crypto and crypto gambling sites

[Distinctin]

some country gambling is illegal. like my country here. that's why i make a bet with crypto that many sites didn't do KYC for their rules. we can still make a bet anonimously with crypto and crypto gambling sites

That's correct, it looks like a bypass of the restriction, in our country gambling is illegal as well, if I try to access in popular fiat casino, my IP is blocked but with crypto gambling sites, I never experience any site that I visit blocking me.

Crypto gambling sites provides comfort so even if they are not regulated, many people will still patronize them as they can gamble with no problem and they are willing to lose the amount they risk if the site will scam, but I don't think the site will do it if we are gambling in a reputable site.

[jrrsparkles]

some country gambling is illegal. like my country here. that's why i make a bet with crypto that many sites didn't do KYC for their rules. we can still make a bet anonimously with crypto and crypto gambling sites

When your country banned gambling means same applies to online gambling,crypto gambling or any form of gambling as well,so you are doing an offence against your country which may leads to you in serious problem.

We can make bets anonymously but you should be careful while sending your funds from gambling sites directly to an exchange,some exchanges will freeze account as well.

[Sweetbtc]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

I'm sure many people are the same as your statement, including me. I also do not agree to do KYC for gambling sites, because I am the same as you. Playing gambling is only for playing pleasure. Not to do our self-verification just to play dice

No matter whether you are playing for fun or playing to make money we need to follow the TOS of the gambling sites we are entering.

And gambling sites also don't like introducing the KYC part but they were enforced by their government so they have to follow what government says.

some country gambling is illegal. like my country here. that's why i make a bet with crypto that many sites didn't do KYC for their rules. we can still make a bet anonimously with crypto and crypto gambling sites

If gambling is illegal in your country, even then you can do KYC in some online gambling site (Site should not be from your own country) and govt. will still not know that you are doing gambling. Don't think that the gambling site would send the data to your country, they are more concerned with the money which you invest in their site.

[Best Dreams]

This is the first time i heard that a gambling casino requiring KYC for the gamblers. I myself don't agree with this rules in gambling.
There are other gambling sites that are bigger to this one which are not requiring KYC, if I am a gambler I just only want to have fun or amuse myself
then yo will require me to submit KYC, that is insane and very irrational for individual players or gambler.

I'm sure many people are the same as your statement, including me. I also do not agree to do KYC for gambling sites, because I am the same as you. Playing gambling is only for playing pleasure. Not to do our self-verification just to play dice

No matter whether you are playing for fun or playing to make money we need to follow the TOS of the gambling sites we are entering.

And gambling sites also don't like introducing the KYC part but they were enforced by their government so they have to follow what government says.

some country gambling is illegal. like my country here. that's why i make a bet with crypto that many sites didn't do KYC for their rules. we can still make a bet anonimously with crypto and crypto gambling sites

If gambling is illegal in your country, even then you can do KYC in some online gambling site (Site should not be from your own country) and govt. will still not know that you are doing gambling. Don't think that the gambling site would send the data to your country, they are more concerned with the money which you invest in their site.

But i think it will be risky to send you money in some unregistered site as if government will not be aware of your gambling activity but it can give you kind of danger about the security of your investments so site should provide you all necessary confirmation if they actually want you to gamble safely with them in demand of KYC.

[hayleewilson]

~snip~
But i think it will be risky to send you money in some unregistered site as if government will not be aware of your gambling activity but it can give you kind of danger about the security of your investments so site should provide you all necessary confirmation if they actually want you to gamble safely with them in demand of KYC.

Which is why it is still advisable that you deposit just small amounts in unlicensed or no-KYC casinos.

[iyah adrian]

they are more concerned with the money which you invest in their site.

Statement that I like.

Conducting KYC for gambling sites is a topic that has often been discussed. And here there must be those who agree or not, that's not a serious problem. But most gambling sites don't do or apply it to every customer. Then just ignore it!

[GiannisK]

Hey guys, anyone interested in betting with crypto I have placed a bet with ETH for draw between Italy and Greece in Kryptium! The odds are 1.65 for Italy or Greece to win, anyone wanna join??
https://ipfs.io/ipfs/QmdwC4RH2PAPNwScr7sGDJhGdxC2dcE4feVm1rftwxNxsK

[ReiMomo]

they are more concerned with the money which you invest in their site.

Statement that I like.

Conducting KYC for gambling sites is a topic that has often been discussed. And here there must be those who agree or not, that's not a serious problem. But most gambling sites don't do or apply it to every customer. Then just ignore it!

You have a point on that statement, just ignore when gambling site requires KYC. AFAIK, gambling casinos that require KYC are those accepting fiat. But now, they prefer to use cryptocurrencies because it is easy t use and far away from having KYC. Maybe those accounts that having suspicious deposits maybe will force to have KYC/AML to avoid money laundering.

[TinaK]

Most of the crypto users choose this crypto space as the security mode and to be anonymous while they are investing. So no one wish to KYC verification for any kind of services. Including gambling, trading, exchanges and so on.
Then when there is sites give the option to invest without KYC verification no will go such option.