Reasons why people avoid KYC in gambling casino ?

[TopT3ns]

I do not see anything wrong with gambling sites requesting KYC from their customers, since the points at which the KYC is demanded are clear and are based on some number of factors. KYC will reduce the rate of child gambling since the age of the player will be known through the documents submitted. And KYC also limits money laundering activities through gambling if KYC demands are within this range then I will say it is a win-win situation since it is aimed at making it impossible for a criminal to access the gambling under a fake identity

when a gambling place asks to do KYC I think it will let you know your privacy, at least verification with a cellphone number or email is sufficient, but when using a face as a valid ID then it can make their privacy known by many people and of course only the developer of the gambling place can make the account always lose and never win because the developer knows that that person has a lot of money. so in my opinion there is no need to KYC using face.

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[DoublerHunter]

It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

^ Everything is they care about their identity, even do banks will not support if your credit card is linked to a gambling casino.
Privacy is the most important and there are gamblers who care about it, but on my own, I don't see any problem with having KYC online because I know they are following legalities which is every country has its own jurisdiction to follow. But only in reputable gambling casinos where I will entrust my documents because I know they are capable to keep your documents. I think it could be other solid reasons and each of us has a preferred option in choosing a casino.

[harizen]

Can we really avoid KYC in a casino?  For example, if you won a jackpot of $1M  and the Casino required you to undergo KYC for whatever reason, would you succumb to their request? 

Almost at most sites, big winnings might be subject to KYC. If I won a $1M jackpot, why should I hesitate to undergo KYC? I don't really care for any risks as long as the site is somehow reputable in the crypto-gambling world. If they won't approve my KYC, then that's another story of "what if".

Before, crypto exchanges can be freely used without undergoing KYC but to make their business legit, they have to comply with the government's policy regarding KYC and AML-related laws. That's the start of centralization. We should also expect that someday, gambling sites will ask for this KYC stuff but as long as we are not winning big, and we are not talking about a $100 win here, that should be not a problem.

About the topic, KYC is a really big no as gamblers are supposed to just gamble at crypto-gambling sites without a hassle. Fortunately, it's not being demanded and we can still freely play without KYC. Enjoy it while it last lol.

[TelolettOm]

I myself am worried that my identity will be misused by certain platforms. Don't we know if there is a risk of this? But sometimes we have no choice when we have to do KYC. I have unfortunately also done KYC on several platforms. Luckily it's been safe so far (to my knowledge). but I don't really understand if it turns out that behind this there is a hidden secret or even an abuse of identity.

And once more, playing gambling is also illegal in my country which is why KYC on gambling platforms may be risky.

[livingfree]

It's about handing over your important documents that contains your identity to the casino. And we don't like that because it could be passed on without knowing that they have handed over it to another entity or company.

That's why sometimes, we get unusual emails even if we don't sign up for another service or website. We can have that conclusion and thought that the companies we signed up for did passed our emails and if they can do that to our emails, they can also do it to our documents that has our important information.

[bitbollo]

there are many reasons
First of all, it's really hard trust a third part with your personal information + personal document + habits + information about your earnings.
Secondly in some country they can request a tax to your win or just persecute the gambler, because it's an illegal activity or they are not using authorized platforms.
There are some gamblers that are aware about the risk of a ban because "they win too much". There are few cases of people that stop to gamble for that reason.
Last but not least, there is a kind of stigma around gamblers. Not every one want to share this passion.

[Mahanton]

Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.

The common things on why people doesnt really like KYc is that they are afraid for those informations to leaked out or be misused on other means which is something true because  even myself wont really be that comfrotable when i do know that my information is really out there been stored and you dont know the risk whether its been safe or not but just like whats been said bby other people that as long you do know that you arent doing something stupid then i dont really see for someone who would really be that too paranoid when it comes to their information that had been given on any platform thats been asking for it but actually this is just a personal kind of choice because there are some who could really able to bare such risk and there are some people who cant just able to accept it.

This is why as much as possible limit the exposure of your vital information.
Just submit your KYC docs if it is necessary and you feel that you have the advantage of doing so.
Because we really have no idea where will this will end up with, we are just hoping that it won't be on the hands of fraudsters.
Also, the reason I don't want to submit KYC is as much as possible I want to keep my privacy in this business.

I havent submitted any documents or information about myself in gambling related businesses or platforms or even giving the simplest information that do connects about my identity but for exchangers
or any services that do requires it then i dont really have any choice but to comply before you could fully make use of its functionality yet it do really sucks when you are limited but only into some
other aspects but for gambling then i do avoid as much as i could on sending out any verifications or kyc just for me to be able to play.We do have lots of casinos in the market which
its impossible  that you wont able to find out which doesnt really require for some verification before you do play.

[agustina2]

It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

It's not about these people don't trust casinos but KYC in crypto gambling is not really necessary. I don't see the importance of doing it. Gambling sites are working differently from crypto exchanges and they are not the same in all aspects. Why KYC should matter here?

It's also not about hiding the identity but it's not comfortable gambling when our identity is exposed.

That's why we gamble in crypto in the first place, right? Because of privacy matters that are not present in fiat gambling.

[eaLiTy]

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They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

Gambling can be a taboo in many places and there are places where online gambling rules are not clear about the legality and hence users will not be willing to associate their identity with gambling sites. Then there is the other aspect of trust issues whether they will be safe keeping the KYC documentation and whether there will be leakage of their identity especially if they are gambling huge amounts.

[adzino]

All the things you said. Not all people like sharing their data with some random people. Some probably don't have any valid ID. Others are probably gambling from a region where online gambling is prohibited. While there are people that are too lazy to verify their identification (i bet everyone would prefer playing in a casino where there is no KYC). And the rest do it to hide their identity for some shady reasons I guess.

[michellee]

The main reason crypto gamblers don't want to give their identities to casinos is that they just want to gamble and don't want to look like they registered on trading sites. Moreover, by using crypto, people can easily register at the casino without having to reveal their identity. But apparently, casinos don't stand idly by seeing the number of people who can win a lot of money or make a deposit of large amounts of money. Casinos want to know who their members are and their backgrounds so that the casino doesn't get involved with illegal activities. In addition, many of these gamblers gamble not using a lot of money and only spend their time gambling.

[Reatim]

 I have many experiences from that past that my. Documents being abused or misused .

After providing my details? Days after I started receiving texts and emails or even miscalled by numbers i am not familiar with and that is annoying.

From there I start hating KYC not unless it is badly needed for something i must provide.

[TopT3ns]

All the things you said. Not all people like sharing their data with some random people. Some probably don't have any valid ID. Others are probably gambling from a region where online gambling is prohibited. While there are people that are too lazy to verify their identification (i bet everyone would prefer playing in a casino where there is no KYC). And the rest do it to hide their identity for some shady reasons I guess.

As you said because indeed when you do KYC then all the collected identities can be sold at a low price or it can be expensive on the black market and of course when your data is leaked it will make the privacy of playing at the gambling place disturbed because of the possibility when in government circles began to gamble and become a scandal it would bring shame to him. I think there are already some gambling places that don't implement such KYC and still it's safe to use.

[Don Pedro Dinero]

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

Apart from these reasons, there may also be tax avoidance. There are many countries where gambling is regulated in such a way that to operate in the country you need a licence which costs quite a lot of money. Gambling licensed bookmakers operating in those countries are completely controlled by the governments and tax first the bookmaker and then the players on the winnings.

Someone playing at a crypto casino without a kyc can access it from these countries, using vpn for example, and in addition to enjoying a higher RTP, they will not pay tax.

[gunhell16]

It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

That's why I avoid fiat based online casinos that require KYC requirements, we agree for classic reasons. (privacy) not all online gambling sites can be trusted, even very possible and potentially misuse of documents for the benefit and benefit of irresponsible parties. Even most of us don't know if gambling is licensed and provides full consumer protection rights as a guarantee from KYC, I don't think so.
maybe the whole community here is not willing to do KYC.

I think KYC is no longer needed on gambling sites, but there are other gambling sites that we can't stop if they ask for KYC from their players who will create an account on their website platform. So the decision is always up to the individual gamblers if there are others who do not want KYC, simply stop using the gambling site that has KYC requirements.

[Cling18]

All the things you said. Not all people like sharing their data with some random people. Some probably don't have any valid ID. Others are probably gambling from a region where online gambling is prohibited. While there are people that are too lazy to verify their identification (i bet everyone would prefer playing in a casino where there is no KYC). And the rest do it to hide their identity for some shady reasons I guess.

As you said because indeed when you do KYC then all the collected identities can be sold at a low price or it can be expensive on the black market and of course when your data is leaked it will make the privacy of playing at the gambling place disturbed because of the possibility when in government circles began to gamble and become a scandal it would bring shame to him. I think there are already some gambling places that don't implement such KYC and still it's safe to use.

That could happen if you're with an untrusted and nonreputable site that would ask for KYC. If you're using a trusted site, you have nothing to fear because your personal data would be safe. Many of us have proven that since we've passed the KYC from big casino sites before. Just be wise in choosing a trusted casino site.

[Peanutswar]

I do not see anything wrong with gambling sites requesting KYC from their customers, since the points at which the KYC is demanded are clear and are based on some number of factors. KYC will reduce the rate of child gambling since the age of the player will be known through the documents submitted. And KYC also limits money laundering activities through gambling if KYC demands are within this range then I will say it is a win-win situation since it is aimed at making it impossible for a criminal to access the gambling under a fake identity

when a gambling place asks to do KYC I think it will let you know your privacy, at least verification with a cellphone number or email is sufficient, but when using a face as a valid ID then it can make their privacy known by many people and of course only the developer of the gambling place can make the account always lose and never win because the developer knows that that person has a lot of money. so in my opinion there is no need to KYC using face.

One of the most confidential information is the personal identity of a person because if this will become public of course in the internet there's a lot of chance it can be used by the different people and used as identity theft we know how important the identity of the person at the same time it is broad on the internet can be traceable nowadays that's why most of the people want to keep themselves anonymous or lowkey at the same time.

[Gianluca95]

I think that people avoid KYC in gambling casino just because they want to stay anonymous and doesn't want to let someone know that they gamble. Other reason could figure something like money laundering, or play with

money earned with criminal methods. That's why is really important for a casino ask for a KYC, in this way they will protect they self from bad situation.

[Bitinity]

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

Privacy is the main reason, even if someone trust the casino but if he/she want to keep his/her privacy, he/she will no be willing to do KYC. Illegal document sales happens most of the time, mostly done by irresponsible staff of the casino who want to make some money by doing illegal document sales. This can be other reason why people are afraid to do KYC including me.

[qwertyup23]

It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

KYC means "know-your-customer." This heavily implies that gambling websites require your personal information, whether it be your name and addresses, or more.
 
What is the danger behind this feature and why do gamblers avoid this? Well for instance, gambling companies exist on the internet. Since data is privately stored in their system, there is always that risk of leaking your personal information.

When your personal information gets leaked, everyone including their family members or friends are placed in a position of potential danger of misrepresentation. Hackers may use such personal information for their gain and advantage.