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Author Topic: For the kind attention of the Gambling sites , a small suggestion  (Read 814 times)
akram143
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August 18, 2020, 08:38:29 PM
 #41

Almost every crypto gambling sites to have restirctions to age factors but performing KYC is not really advisable when it comes to crypto sites because people here wants anonymous while playing so you can't demand them to provide all their details if they want to gamble there.If minors doesn't have to access the gambling sites then it is in the hands of their parents, if kid doesn't have enough money then he wouldn't think about gambling.

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August 19, 2020, 05:14:18 AM
 #42

The rate at which kids are getting involved with technology and stuffs that are way above their levels is alarming. For adults, it might be easy to control the addiction or greed to keep playing but for kids, Its a little more difficult. However, I don't think enforcing KYC on gambling websites is the way to go. That would just be doing more harm than good as privacy is our most valuable asset in the internet.

KYC is a very critical decision to implement by the platform, first, it could limit their potential players because most of the time, people prefers to stays anonymous for privacy reason. But we need to dig deeper for their reasons why in order to enforce a KYC restrictions. Most of the time, we are afraid that a platform might expose or leak our personal sensitive informations. That falls within the reliability of the platforms. If there will be an international standards for regulating gambling casinos, it could help us to accept their TOS regarding KYC. Therefore, limiting younger ages to be involved in gambling.

Anyway, it isn't just the KYC that could solve this problem. I like that you state this:

The viable solution right now is just to raise more awareness for parents to restrict their children from certain online activities including gambling.

It is not bad that they could see their parents gambling, or to see gambling sites online through ads, what is bad is when parents didn't care about it since they should be the one supervising their child to understand the risk of taking part in gambling at age when these kids doesn't have any source of income yet.
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August 19, 2020, 04:01:42 PM
 #43

Almost every crypto gambling sites to have restirctions to age factors but performing KYC is not really advisable when it comes to crypto sites because people here wants anonymous while playing so you can't demand them to provide all their details if they want to gamble there.If minors doesn't have to access the gambling sites then it is in the hands of their parents, if kid doesn't have enough money then he wouldn't think about gambling.
I like your point because some gamblers don't want to provide kyc. Even me personally I don't like to expose my  identification in any site. What I can see for this is on the parents to guide their kids not to explore any gambling site.
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August 19, 2020, 04:39:28 PM
 #44

I think the crypto gambling casinos should not require a KYC.They should require it only when they suspect someone has done some hacking or found a glitch in their system and won huge amount of money in a really short time,I am not talking about someone winning a huge jackpot here obviously.I think nowadays in our society we see kids or minors,someone who is under 18 to take drugs,drink alcoholic drinks and smoke unfortunately.I agree it is the parents responsibility nowadays and crypto casinos should adopt to this and start removing KYC which is going against the nature of crypto in general,Monero for example which is can be used as an untraceable transaction if the users both agree on it.

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August 19, 2020, 08:17:52 PM
 #45

I agree with the opinion of most of the members here regarding crypto gambling sites should not apply KYC procedures for
overcoming age restrictions for gambling. Because it is not in accordance with the basic principles of cryptocurrency which
prioritizes anonymity and privacy. Indeed, the role of parents is very important, by providing education for children under
18 years of age, so they do not access gambling sites and adult sites.

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August 19, 2020, 10:34:03 PM
 #46

I agree with the opinion of most of the members here regarding crypto gambling sites should not apply KYC procedures for
overcoming age restrictions for gambling. Because it is not in accordance with the basic principles of cryptocurrency which
prioritizes anonymity and privacy.
Yes, I believe in anonymity and privacy, but that is only from wallet to wallet as transactions in blockchain is anonymous.
However, gambling sites is not anymore in our control, if government will regulate it and require them to implement KYC to clients, we can't do anything about it because in the first place gambling site are not decentralized.

We can only achieve anonymity if we have a decentralized gambling sites.


Indeed, the role of parents is very important, by providing education for children under
18 years of age, so they do not access gambling sites and adult sites.

Agree, parents as the educator is more effective that the law created by the government.

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August 20, 2020, 05:36:51 AM
 #47

Agree, parents as the educator is more effective that the law created by the government.

What I see in this digital era is many parents seem doesn't care with their kids. If you meet your friends with their kids, their parents will not protect their kids, but their parents busy to talk with their friends. That happens too in their homes because I see many parents in their homes still busy with their mobile phone just to chat with other friends, watch a movie, or browse the website. They think that if they give mobile phones to their kids, it will help their kids to learn anything they want, but that is wrong.

I agree with the opinion of most of the members here regarding crypto gambling sites should not apply KYC procedures for
overcoming age restrictions for gambling. Because it is not in accordance with the basic principles of cryptocurrency which
prioritizes anonymity and privacy.
Yes, I believe in anonymity and privacy, but that is only from wallet to wallet as transactions in blockchain is anonymous.
However, gambling sites is not anymore in our control, if government will regulate it and require them to implement KYC to clients, we can't do anything about it because in the first place gambling site are not decentralized.

We can only achieve anonymity if we have a decentralized gambling sites.


The government can force crypto gambling site to follow their rule if the casino wants to continue their business, and the casino cannot do anything except follow. I think the government want to know who are the customers for every casino, and how much money they spend in a month, so if they see one gambler use too big money, the government can investigate it and see what it happens. But the gambler itself will have another chance to search for the other gambling website that is running without applying KYC. If the gamblers found the site, they will register and stay in that site because they can hide their identity from anyone.

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August 20, 2020, 05:50:12 AM
 #48

if you only knew , other countries have minors that are notorious when it comes to gambling because they cut classes just to play  . they smoke , drink and do things too aside from gambling that supposed to be for adults only . schools do have a lack of security because students can go out whenever they want but gambling owner's shouldnt also allow this kids because somtimes they only care about the profit
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August 20, 2020, 06:02:10 AM
 #49

Kids should not be included in this kind of activity, gambling should not be taught to them.

There are a lot of things that a kid should focused on, studying and playing games, but not these gambling games that can ruin their future.

KYC is really important to secure the platform and also the customers who are accessing it. It is not that their privacy will be taken but it is for the safety of the regulation in a certain gambling casino. Age limits are really required so that we know if the customer is in the legal age to access casinos.

Risks in gambling are so high that it can cause damage in to a young person's mental health if he loses.
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August 20, 2020, 06:13:29 AM
 #50

I agree with the opinion of most of the members here regarding crypto gambling sites should not apply KYC procedures for
overcoming age restrictions for gambling. Because it is not in accordance with the basic principles of cryptocurrency which
prioritizes anonymity and privacy. Indeed, the role of parents is very important, by providing education for children under
18 years of age, so they do not access gambling sites and adult sites.
I agree with you, this type of measure is in contradiction with the crypto philosophy : libertarian, decentralized and anonymous.
If people think KYC is a better thing, there is no point in gambling with cryptos anymore. Fiat gambling is perfect for that.

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August 20, 2020, 06:47:40 AM
 #51

I agree with the opinion of most of the members here regarding crypto gambling sites should not apply KYC procedures for
overcoming age restrictions for gambling. Because it is not in accordance with the basic principles of cryptocurrency which
prioritizes anonymity and privacy. Indeed, the role of parents is very important, by providing education for children under
18 years of age, so they do not access gambling sites and adult sites.
I agree with you, this type of measure is in contradiction with the crypto philosophy : libertarian, decentralized and anonymous.
If people think KYC is a better thing, there is no point in gambling with cryptos anymore. Fiat gambling is perfect for that.
But the problem is Casinos usually don't ask for KYC while you are playing but once you Hit a Good win?then this is the start of sacrifice because they will Push KYC and in the end will accuse you of having multiple account in which categorized as cheating.
how many cases we have seen here and until now this is happening .

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August 20, 2020, 06:59:01 AM
 #52

I have also seen this news recently, and for me, even if gambling sites will require KYC, I think minors would still find ways to gamble if they want. Just like what happened in the article you give, the security is tighter because it's a physical casino where they can personally check their IDs, but they still manage to get in and gamble before being caught.

And not everyone will prefer KYC that's why for me, it's not just the casino operator's (whether it's physical or online) responsibility to stop minors from gambling. Minors should be guided by their guardians about this kind of interest, but look at the news, it's her mother who sneaked her inside the casino.
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August 20, 2020, 07:10:55 AM
 #53

It is an issue that has been a problem for quite some time now tbh. Normal gambling (online or offline) usually take care of KYC procedures and there's no problem there, but crypto gambling embodies what crypto is for, specifically anonymity. By providing KYC, what's the point of playing on crypto sites? In fact, they'd just be able to connect my identity to my wallet, which is a lot more information than normal KYC on regular casinos. I admit, minors shouldn't be allowed, and there should be somehow a way to prevent them, but KYC on crypto sites? That's a no-no. Let KYC stay on regular casinos, and let crypto casinos stay as they are.

The most helpful solution here after KYC would mostly fall on parent regulation of their kids tbh. Sadly, that seems different to implement on ALL families out there, since they can't really keep watch of them 24/7.

 
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August 20, 2020, 07:18:56 AM
 #54

Kids should not be included in this kind of activity, gambling should not be taught to them.

There are a lot of things that a kid should focused on, studying and playing games, but not these gambling games that can ruin their future.

KYC is really important to secure the platform and also the customers who are accessing it. It is not that their privacy will be taken but it is for the safety of the regulation in a certain gambling casino. Age limits are really required so that we know if the customer is in the legal age to access casinos.

Risks in gambling are so high that it can cause damage in to a young person's mental health if he loses.

The only problem I see with when telling kids to don't do something, they will just do it for the sake of acting against their parents. Especially if they see grown ups doing it. If something is forbidden it just makes it more desireable. It would be better to include gambling into any education. Better to try and make them understand why it's a bad thing in the young age and can lead to addiction.

I agree with you, this type of measure is in contradiction with the crypto philosophy : libertarian, decentralized and anonymous.
If people think KYC is a better thing, there is no point in gambling with cryptos anymore. Fiat gambling is perfect for that.

But how would you than make sure that no underage kids play on the casino then? Kids have access to FIAT or crypto currencies.
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August 20, 2020, 07:54:07 AM
 #55

We have conflicting arguments on this issue we don't want KYC and yet we have to protect our kids, I don't like KYC in gambling and parents should be the one to monitor activities of their kids online up until the time they are matured enough to fully understand that gambling is for those who can afford only and it should be for entertainment, parents should see to it that their kids have that outlook while they are growing.

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August 20, 2020, 07:55:51 AM
 #56

I have also seen this news recently, and for me, even if gambling sites will require KYC, I think minors would still find ways to gamble if they want. Just like what happened in the article you give, the security is tighter because it's a physical casino where they can personally check their IDs, but they still manage to get in and gamble before being caught.
Minors are smart also, they can always find a way to verify their account if KYC is required, but at least it would be considered as good control for casinos to minimize the abuse from the minors, yeah, this time its the minors who are abusing as they lied when they sign up, they check that 18+ though they aren't.

And not everyone will prefer KYC that's why for me, it's not just the casino operator's (whether it's physical or online) responsibility to stop minors from gambling. Minors should be guided by their guardians about this kind of interest, but look at the news, it's her mother who sneaked her inside the casino.

For me, I would prefer an anonymous gambling but if time will come that our government will take that away from us, there's nothing we can do, unless there's what we called decentralized gambling.

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August 20, 2020, 08:56:26 AM
 #57

Any form of strict regulation won't be that effective restricting minors from gambling. From my view gambling sites are doing the KYC procedure in a perfect manner. This doesn't allow users below age to gamble. The only thing that lets kids gamble is by providing false identities on verification. Maybe there needs to be something advanced to overcome this issue.

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August 20, 2020, 09:09:51 AM
 #58

I agree with the opinion of most of the members here regarding crypto gambling sites should not apply KYC procedures for
overcoming age restrictions for gambling. Because it is not in accordance with the basic principles of cryptocurrency which
prioritizes anonymity and privacy. Indeed, the role of parents is very important, by providing education for children under
18 years of age, so they do not access gambling sites and adult sites.

If at first place only to register at site if KYC is asked, many out just not even register on such site as rightly said that people love to stay being anonymous for various reasons. Unless if the government has imposed or there is a law where it requires mandatory KYC needs to be done than it becomes different story. Also, for kids gambling that nothing can be done if they have money with them, they can use in whichever way they want to. So, role of parents, guardian become important here.
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August 20, 2020, 10:56:36 AM
 #59

I understand the concern but such incident is a responsibility of the parent alone. KYC on the other hand, as being said might going to hinder/doubt potential gamblers to start playin'. Besides, even if several gambling platforms has such requirements, they really won't even know who were betting behind the screen. I mean, the given news might even happen online -- it would the parents who would submit the requirements then they'll just let their children to gamble. So it don't make any sense imo, after all.
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August 20, 2020, 11:12:47 AM
 #60

I understand the concern but such incident is a responsibility of the parent alone.
Agree with you on this, parents must be responsible so their minor children won't do stupid things accessing a gambling site.

KYC on the other hand, as being said might going to hinder/doubt potential gamblers to start playin'. Besides, even if several gambling platforms has such requirements, they really won't even know who were betting behind the screen. I mean, the given news might even happen online -- it would the parents who would submit the requirements then they'll just let their children to gamble. So it don't make any sense imo, after all.
Even casinos would not like the idea, it's their advantage over fiat casinos that they don't require KYC to their gamblers.
They might not get big individual bets like fiat casinos have, but crypto casinos could be profitable by attractive volume of small gamblers.
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