Reasons why people avoid KYC in gambling casino ?

[Jawhead999]

The main purpose of Cryptos was to remain anonymous.

You're wrong, actually almost of cryptos are centralized and doesn't have any purpose to remain anonymous. Bitcoin itself isn't anonymous, but pseudonymous. You can list how many privacy coins and divide with the amount of all altcoins, I believe it's either or less than 1%.

Now if the casinos will keep on asking for KYC, then on obviously the gamblers will feel offended.

Honestly you should check the TOS first before using any services including casino, if they have a mandatory KYC rule and you're not happy with it. Just don't use and find another casino that suit for you.

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[mirakal]

Sometimes they avoid kyc at the casinos due to personal privacy they don't want to reveal it. Sometimes there are times when we gamble and we win big, and we get to the point where we want to release what we have won by gambling because it is big, then the casino sometimes gives a policy to players who proud of the amount you release on their gambling platform they required their clients to submit kyc which the gambler or player has no other choice but to submit it.

Of course, the majority would still want to remain their identity hidden, and releasing a piece of personal information is really risky if there will be a time that the site will be hacked, we never know and it's better to be safe than sorry. But I guess we will just have to get used to it because, in no time, we won't have the same freedom we have now as sooner or later, all casinos will ask KYC upon registering at their platform.

[Distinctin]

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

I highly agree with this one, I know that the government is putting some pressure to these casinos to have a KYC to every customer but frankly talking, these same procedure are being used by some casinos to take advantage and control our funds. At first, they just tell us that it's processing and usually that takes a lot of time, in the end, you find yourself in unwanted position where your funds are being freeze and seized.

[Fredomago]

Sometimes they avoid kyc at the casinos due to personal privacy they don't want to reveal it. Sometimes there are times when we gamble and we win big, and we get to the point where we want to release what we have won by gambling because it is big, then the casino sometimes gives a policy to players who proud of the amount you release on their gambling platform they required their clients to submit kyc which the gambler or player has no other choice but to submit it.

Of course, the majority would still want to remain their identity hidden, and releasing a piece of personal information is really risky if there will be a time that the site will be hacked, we never know and it's better to be safe than sorry. But I guess we will just have to get used to it because, in no time, we won't have the same freedom we have now as sooner or later, all casinos will ask KYC upon registering at their platform.

Yes, we never know how secure a gambling site can be and with our permission in submitting our personal information once that happen we are also placing ourselves in danger as hackers can simply use this info to an illegal thing online, or they can sell it out. The reason why there are still gamblers who wanted to stay discreet and not willing to proceed once KYC has being ask to continue gambling.

Gamblers like this will be more willing to look for another site to play and stay hidden instead of submitting KYC.

[Google+]

Of course, the majority would still want to remain their identity hidden, and releasing a piece of personal information is really risky if there will be a time that the site will be hacked, we never know and it's better to be safe than sorry. But I guess we will just have to get used to it because, in no time, we won't have the same freedom we have now as sooner or later, all casinos will ask KYC upon registering at their platform.

Some people are afraid and some are not. this is the same as you trade on the exchange where in previous years there was no kyc requirement but now almost everyone has to do kyc to be able to trade on top exchanges like binance. and this may also apply in the coming years for top gambling sites to enforce kyc for gambling players and I wouldn't be surprised if all gamblers later confirmed they had done kyc.

[dunfida]

Of course, the majority would still want to remain their identity hidden, and releasing a piece of personal information is really risky if there will be a time that the site will be hacked, we never know and it's better to be safe than sorry. But I guess we will just have to get used to it because, in no time, we won't have the same freedom we have now as sooner or later, all casinos will ask KYC upon registering at their platform.

Some people are afraid and some are not. this is the same as you trade on the exchange where in previous years there was no kyc requirement but now almost everyone has to do kyc to be able to trade on top exchanges like binance. and this may also apply in the coming years for top gambling sites to enforce kyc for gambling players and I wouldn't be surprised if all gamblers later confirmed they had done kyc.

People should really expect such possible changes because it is really gradually becoming something like this where platforms which are regulated and licensed would really be having those changes where KYC is a must

but for now we are still thankful that we could still able to play without any verification but sooner or later then expect the unexpected about things to become rough and its up to your whether it would really be an acceptable thing or you would really just strive to find for another place for you to deal with gambling without having those verification.

People here on this crypto space isnt really that comfortable with kyc or any verification thats why whenever we do encounter kyc then its really out of our interest or doesnt really appeal at all.

[Google+]

People should really expect such possible changes because it is really gradually becoming something like this where platforms which are regulated and licensed would really be having those changes where KYC is a must

but for now we are still thankful that we could still able to play without any verification but sooner or later then expect the unexpected about things to become rough and its up to your whether it would really be an acceptable thing or you would really just strive to find for another place for you to deal with gambling without having those verification.

People here on this crypto space isnt really that comfortable with kyc or any verification thats why whenever we do encounter kyc then its really out of our interest or doesnt really appeal at all.

Indeed kyc is a boring thing for gamblers but you know what I mean earlier is where this might happen in the years to come and not in the present. because some gambling platforms that are well known and trusted by the public do not require KYC for newcomers or old players .

so from this situation i can't deduce how dangerous the kyc gambling platform would be if they had to do it later. maybe the gamblers will opt out of that gambling site, just guessing

[dunfida]

People should really expect such possible changes because it is really gradually becoming something like this where platforms which are regulated and licensed would really be having those changes where KYC is a must

but for now we are still thankful that we could still able to play without any verification but sooner or later then expect the unexpected about things to become rough and its up to your whether it would really be an acceptable thing or you would really just strive to find for another place for you to deal with gambling without having those verification.

People here on this crypto space isnt really that comfortable with kyc or any verification thats why whenever we do encounter kyc then its really out of our interest or doesnt really appeal at all.

Indeed kyc is a boring thing for gamblers but you know what I mean earlier is where this might happen in the years to come and not in the present. because some gambling platforms that are well known and trusted by the public do not require KYC for newcomers or old players .

so from this situation i can't deduce how dangerous the kyc gambling platform would be if they had to do it later. maybe the gamblers will opt out of that gambling site, just guessing

If we do talk solely on cryptocurrency market where casinos who are solely accepting crypto payments (not fiat ones included) then for sure their owner would really be doing their best on retaining on kyc-less kind of site as much as they could since they could able to see that there's soo much demand on casinos which doesnt ask out for some verification and this is indeed why people do prefer on dealing with casinos
that doesnt ask out any verification.

We do really give importance in our information and there's no something that we should be worried.We just make deposit and play right away without minding if those informations
you had sent out would leaked or something like that.

[agustina2]

so from this situation i can't deduce how dangerous the kyc gambling platform would be if they had to do it later. maybe the gamblers will opt out of that gambling site, just guessing

I doubt gamblers that already playing for a long time will opt out of that gambling site if KYC will be implemented. The trust is already there and the reputation of that site is now on the highest level. There should be no hesitation for these players to continue playing on that site even if KYC will be enforced.

That was though far from happening for now. Instead of being worried, let's enjoy the moment to play in our preferred gambling site without a KYC. Don't consider playing in a casino that was new in service if KYC is mandatorily implemented there to minimize the risks of identity theft.

[kamvreto]

so from this situation i can't deduce how dangerous the kyc gambling platform would be if they had to do it later. maybe the gamblers will opt out of that gambling site, just guessing

I doubt gamblers that already playing for a long time will opt out of that gambling site if KYC will be implemented. The trust is already there and the reputation of that site is now on the highest level. There should be no hesitation for these players to continue playing on that site even if KYC will be enforced.

That was though far from happening for now. Instead of being worried, let's enjoy the moment to play in our preferred gambling site without a KYC. Don't consider playing in a casino that was new in service if KYC is mandatorily implemented there to minimize the risks of identity theft.

Even if a reputable casino site suddenly obliges to deposit KYC this would be up for debate, there will be some gamblers who disagree. Because when we talk about KYC, it concerns the identity of the gambler in detail. those who do not want their privacy to be known by others will certainly choose to leave the casino.
but if a new casino site operates implementing KYC, many people will avoid it, but some others start researching whether the casino site has a good reputation or not.

[traderethereum]

Even if a reputable casino site suddenly obliges to deposit KYC this would be up for debate, there will be some gamblers who disagree. Because when we talk about KYC, it concerns the identity of the gambler in detail. those who do not want their privacy to be known by others will certainly choose to leave the casino.
but if a new casino site operates implementing KYC, many people will avoid it, but some others start researching whether the casino site has a good reputation or not.

If there is a debate between gamblers about KYC, maybe the casino could implement a way of limiting the number of withdrawals that gamblers will make so that if they don't cross the withdrawal limit, they don't have to do KYC.
At least, it can protect the gamblers to keep playing in that casino and they don't have to do KYC and can enjoy their time in that casino.
Maybe the casino itself doesn't want to implement KYC for its members.
Still, after all, the casino is supervised by the regulator and doesn't want to violate the regulator's rules. This might be a dilemma for that casino in terms of KYC so they need to consider it before making a decision.

[AicecreaME]

Even if a reputable casino site suddenly obliges to deposit KYC this would be up for debate, there will be some gamblers who disagree. Because when we talk about KYC, it concerns the identity of the gambler in detail. those who do not want their privacy to be known by others will certainly choose to leave the casino.
but if a new casino site operates implementing KYC, many people will avoid it, but some others start researching whether the casino site has a good reputation or not.

If there is a debate between gamblers about KYC, maybe the casino could implement a way of limiting the number of withdrawals that gamblers will make so that if they don't cross the withdrawal limit, they don't have to do KYC.
At least, it can protect the gamblers to keep playing in that casino and they don't have to do KYC and can enjoy their time in that casino.
Maybe the casino itself doesn't want to implement KYC for its members.
Still, after all, the casino is supervised by the regulator and doesn't want to violate the regulator's rules. This might be a dilemma for that casino in terms of KYC so they need to consider it before making a decision.

Now that you've mentioned it, I think its a good idea. Perhaps letting the players have a choice whether to have KYC or not could save them and the casino unnecessary trouble. Putting up certain limit of withdrawal is a good concept so that the players would be mindful of their winning withdrawals to avoid undergoing KYC process. Because as we all know, not everyone is in favor and fond of doing KYC. Some people just really prefer to be in the shadows and not expose their identity as well as their transactions.

Although I don't know what might happen regarding monitoring the income flow of the casino. Because KYC is also important at some point on determining taxation. A monitored number of active users is a must. So maybe they could try to incorporate and strategize first to check if there would be more advantages or disadvantages.

[Betwrong]

KYC is being weaponized by the casinos. When they think the player won “too much” money, they ask for KYC and then even you give them your data, they tell you that can’t tell you about the process because it is against the law blablabla and your money will be seized by the casino just like that. The exchanges do it too. That’s why people hate KYC wholeheartedly. Most of the time KYC is a tool for shielding the scammers.

This is an interesting perspective, but I must say, I completely disagree with it. Yes, one time, when I was first time in my life passing KYC, I was pissed off beyond limits by the process. I couldn't successfully complete it with many tries(and after every 3 or 4 tries I should ask the site to aloow me to try to pass it again), it was horrible. But it wasn't like that because of the size of the amount I was going to withdraw, around $150. Definitely not. Rather, I had no experience. And after finally passing it, I saved the screenshots of the successful try, and was using it later for other sites, and the process has become much simpler for me in the future.

Overall, I don't think even one reliable casino or exchange has "weaponized" the process. Firstly, because it is not performed by casino owners or someone who knows how much you want to withdraw. Secondly, because it is something you get your business closed for if caught.

[icalical]

Not only in gambling, I think most people will more likely to avoid any platform that require them to submit their personal data. Everything that is on internet has a risk of being hacked, and eventhough most people that your ID worth 0 money, the risk of identity theft is far more dangerous than just losing some money.

[TopTort777]

People avoid passing KYC at gambling sites or share any private data on the internet, and are completely unafraid to give phone numbers, emails and personal data to strangers in real life or pass "partial KYC" when filling form to get shop discount cards They better not pass KYC on platform that has sort of a security and risk that a stranger from any part of the world hacks casinos data base. And completely not afraid to give personal info to a stranger, that lives in the same country they live in

The reason why I avoid KYC - I try to make less people know about me, as I am not very friendly. Less people know me, less people I know.

[swogerino]

Not only in gambling, I think most people will more likely to avoid any platform that require them to submit their personal data. Everything that is on internet has a risk of being hacked, and eventhough most people that your ID worth 0 money, the risk of identity theft is far more dangerous than just losing some money.

In crypto gambling this is a relative topic,while every single crypto casino from the major ones,the reputable and trustworthy ones will have to ask for KYC,most of the time they don't unless you hit a mega big win which can make them suspicious and they need to do a double check.In all cases it is always better to be verified than not,despite the risks to our personal data coming from such events.In exchanges for example you can't withdraw any money or can withdraw very little if you have not undergone KYC,the same is even in the crypto casinos,you can withdraw small amounts normally without KYC up to 1000 dollars but for more you need to be verified and that is they way it should be.Avoiding KYC makes no sense if you have got nothing to hide.

[Google+]

I doubt gamblers that already playing for a long time will opt out of that gambling site if KYC will be implemented. The trust is already there and the reputation of that site is now on the highest level. There should be no hesitation for these players to continue playing on that site even if KYC will be enforced.

That was though far from happening for now. Instead of being worried, let's enjoy the moment to play in our preferred gambling site without a KYC. Don't consider playing in a casino that was new in service if KYC is mandatorily implemented there to minimize the risks of identity theft.

chances are they will persist and be willing to do anything because of their previous belief they are already safe with the site. but this will certainly be a pros and cons later if the gambling platform enforces kyc. well at least 10% of active players will probably opt out first to consider having to do kyc.

I think this is not ridiculous to do next season because as we know the velocity of money on gambling platforms is very large, so many parties from every country carry out various unreasonable rules such as KYC.

[traderethereum]

Now that you've mentioned it, I think its a good idea. Perhaps letting the players have a choice whether to have KYC or not could save them and the casino unnecessary trouble. Putting up certain limit of withdrawal is a good concept so that the players would be mindful of their winning withdrawals to avoid undergoing KYC process. Because as we all know, not everyone is in favor and fond of doing KYC. Some people just really prefer to be in the shadows and not expose their identity as well as their transactions.

Although I don't know what might happen regarding monitoring the income flow of the casino. Because KYC is also important at some point on determining taxation. A monitored number of active users is a must. So maybe they could try to incorporate and strategize first to check if there would be more advantages or disadvantages.

With that choice, gamblers can know what they should choose so they will not violate the rules of the casino.
Gamblers who don't like KYC will try not to cross the set limits so they can continue to gamble in the shadows.
I guess casinos are also given some leeway in terms of KYC because the government doesn't want to impose too strict regulations on casinos so that casinos, gamblers and the government can still go their separate ways.
It is hoped that with the freedom for gamblers in terms of these two choices, gamblers can stay in the same casino without crossing boundaries. In contrast, the casino can continue providing even better customer service.

[kamvreto]

Even if a reputable casino site suddenly obliges to deposit KYC this would be up for debate, there will be some gamblers who disagree. Because when we talk about KYC, it concerns the identity of the gambler in detail. those who do not want their privacy to be known by others will certainly choose to leave the casino.
but if a new casino site operates implementing KYC, many people will avoid it, but some others start researching whether the casino site has a good reputation or not.

If there is a debate between gamblers about KYC, maybe the casino could implement a way of limiting the number of withdrawals that gamblers will make so that if they don't cross the withdrawal limit, they don't have to do KYC.
At least, it can protect the gamblers to keep playing in that casino and they don't have to do KYC and can enjoy their time in that casino.
Maybe the casino itself doesn't want to implement KYC for its members.
Still, after all, the casino is supervised by the regulator and doesn't want to violate the regulator's rules. This might be a dilemma for that casino in terms of KYC so they need to consider it before making a decision.

Now that you've mentioned it, I think its a good idea. Perhaps letting the players have a choice whether to have KYC or not could save them and the casino unnecessary trouble. Putting up certain limit of withdrawal is a good concept so that the players would be mindful of their winning withdrawals to avoid undergoing KYC process. Because as we all know, not everyone is in favor and fond of doing KYC. Some people just really prefer to be in the shadows and not expose their identity as well as their transactions.

Although I don't know what might happen regarding monitoring the income flow of the casino. Because KYC is also important at some point on determining taxation. A monitored number of active users is a must. So maybe they could try to incorporate and strategize first to check if there would be more advantages or disadvantages.

implementing a withdrawal limit rule so that no KYC is required would be very appropriate, as with some crypto exchanges. Those who require large transactions are forced to do KYC, but it is optional, it does not become mandatory when only withdrawing a small amount of funds.
KYC is important if the Casino website also has a lot of users and is already popular, but if it's just a new website it will be a problem and many won't use it.
Talking about the problem of implementing KYC in gambling there will be no valid solution, it all depends on the needs and privacy of each. If you don't have a problem with privacy then you can continue, if privacy is very important then don't use the KYC option.

[Wakate]

Sometimes they avoid kyc at the casinos due to personal privacy they don't want to reveal it. Sometimes there are times when we gamble and we win big, and we get to the point where we want to release what we have won by gambling because it is big, then the casino sometimes gives a policy to players who proud of the amount you release on their gambling platform they required their clients to submit kyc which the gambler or player has no other choice but to submit it.

This one of the major issues gamblers are facing that are making the experience ones to avoid KYC gambling sites. When you win big, most gambling platforms would want to know your identity by asking your to submit your identity or loss getting paid. I don't know why this is done always but there should be an end to this. Cryptocurrency gambling should be decentralized and platforms should stop asking us of our identity before we make withdrawals which is not encouraging to me.