Reasons why people avoid KYC in gambling casino ?

[LodisMcguire]

Like everyone said here,it's because of privacy and security.You know,some people just want to have fun gambling and not be weighed by those complicated procedure and some people do some shady things that would incriminate them if they give their identities.Casino is mainly for entertainment,so if the customer is not entertained by the way the casino doing business,they will simply avoid it.

[Maslate]

Like everyone said here,it's because of privacy and security.You know,some people just want to have fun gambling and not be weighed by those complicated procedure and some people do some shady things that would incriminate them if they give their identities.Casino is mainly for entertainment,so if the customer is not entertained by the way the casino doing business,they will simply avoid it.

And KYC is not fun because it beats the purpose of gambling in crypto which should give us an anonymous gambling experience. I don't know if there are some who would just comply with the KYC, but I believe majority of us here would love to keep our privacy.

[Wind_FURY]

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.

Or another reason could be laziness/procastination, or they probably don't trust the site. I remember the first time I was asked to KYC by an exchange, it was a trusted exchange and one of the oldest, but out of lack of trust, and a little laziness I didn't upload the requirements and my coins stayed in the exchange for 6 weeks. There's something about KYC that makes me feel nervous, and anxious.

[Saisher]

Like everyone said here,it's because of privacy and security.You know,some people just want to have fun gambling and not be weighed by those complicated procedure and some people do some shady things that would incriminate them if they give their identities.Casino is mainly for entertainment,so if the customer is not entertained by the way the casino doing business,they will simply avoid it.

And KYC is not fun because it beats the purpose of gambling in crypto which should give us an anonymous gambling experience. I don't know if there are some who would just comply with the KYC, but I believe majority of us here would love to keep our privacy.

The Cryptcasino industry is thriving because gamblers preferred anonymity and privacy, there are instances where gamblers should do KYC on specific situations, like verifying if you made abuse or if you deserve the prize you won because of age legality, this is because of the casino's compliance as a requirement for their license, but there is no requirement when you signing up or depositing.

[Yamifoud]

Like everyone said here,it's because of privacy and security.You know,some people just want to have fun gambling and not be weighed by those complicated procedure and some people do some shady things that would incriminate them if they give their identities.Casino is mainly for entertainment,so if the customer is not entertained by the way the casino doing business,they will simply avoid it.

And KYC is not fun because it beats the purpose of gambling in crypto which should give us an anonymous gambling experience. I don't know if there are some who would just comply with the KYC, but I believe majority of us here would love to keep our privacy.

The Cryptcasino industry is thriving because gamblers preferred anonymity and privacy, there are instances where gamblers should do KYC on specific situations, like verifying if you made abuse or if you deserve the prize you won because of age legality, this is because of the casino's compliance as a requirement for their license, but there is no requirement when you signing up or depositing.

It's okay if that is the main intention, but if it's only to mislead us or cheat us in order for them to witheld our winning, then that's really a big disadvantage on us because not only they will get our winnings but we are also at risk of our information getting sold in the black market.

[Sanitough]

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.

Or another reason could be laziness/procastination, or they probably don't trust the site. I remember the first time I was asked to KYC by an exchange, it was a trusted exchange and one of the oldest, but out of lack of trust, and a little laziness I didn't upload the requirements and my coins stayed in the exchange for 6 weeks. There's something about KYC that makes me feel nervous, and anxious.

I'm okay with exchanges as they are regulated, but on gambling sites, I think it's not safe to comply with the KYC if they will require it. Actually, it's not hard to find a trusted casinos or gambling sites, but on exchanges, there are only few who are trusted and I believe all of them requires a KYC, so we have no option.

[Boristhecat]

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?

Firstly, all the reasons you listed are reasonable and someone is guided by them. Secondly, I would say that people try to avoid KYC not only in casinos but in general everywhere if possible. I can understand the need for KYC in banks or government agencies, but I do not understand why I need to take KYC for any service. Ideally, mail or phone is sufficient for identification.

[Distinctin]

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?

Firstly, all the reasons you listed are reasonable and someone is guided by them. Secondly, I would say that people try to avoid KYC not only in casinos but in general everywhere if possible. I can understand the need for KYC in banks or government agencies, but I do not understand why I need to take KYC for any service. Ideally, mail or phone is sufficient for identification.

That's how the government work, most businesses that involve services on money are required a KYC. They always use the words "anti-money laundering" in order to require us to undergo a KYC, or else they will charge us for a violation and our account could be lock.

[Ratash]

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?

Yes i think one of the reasons is what you just mentioned, me personaly i do not feel confortable giving my identity to the casino since gambling is prohibited both on my country and relegion, i think the casino should respect the custumer privacy unless there is a suspecious activity like betting a huge amount of money or a specific gambler is just winning all the bets he make i think in this case a kyc process is needed.

[Japinat]

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?

Yes i think one of the reasons is what you just mentioned, me personaly i do not feel confortable giving my identity to the casino since gambling is prohibited both on my country and relegion, i think the casino should respect the custumer privacy unless there is a suspecious activity like betting a huge amount of money or a specific gambler is just winning all the bets he make i think in this case a kyc process is needed.

There should be no more "unless", or "if", if they offer anonymous gambling, they should give full anonymity, no more "if" because that can be use in their favor if they will think of cheating us. If we made a violation, then they should just block the acccount, how can the KYC help if we have a violation, we are only getting our real identity known to them.

[johhnyUA]

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.

The main reason is that most of casinos are not legal based by themselves. So it's kind of weird to ask for KYC if you're a shady business based in offshore jurisdiction, isn't it?

There a lot of cases when casino sell their KYC data to third party and it isn't ok at all. So when some service asks me to do KYC I'm looking does it have all licenses. If not - GG WP
 

[ethereumhunter]

I'm okay with exchanges as they are regulated, but on gambling sites, I think it's not safe to comply with the KYC if they will require it. Actually, it's not hard to find a trusted casinos or gambling sites, but on exchanges, there are only few who are trusted and I believe all of them requires a KYC, so we have no option.

I agree with you because exchanges deal directly with local regulators so exchanges inevitably have to ask their members to do KYC. Maybe a few years ago, exchanges didn't ask for this because crypto developments weren't as popular as they are now. But as cryptocurrencies are growing and people are finding out what crypto can do for them, regulators want to step in and get to know the people behind cryptocurrencies and exchanges. But for the casino, we only gamble briefly, not every day, and only use a small amount of money so we don't feel the need to KYC. Maybe people who use big funds need to do KYC to avoid the illegal activities they are doing.

[yazher]

In this case, they are just avoiding some bad scenario that may occur if the site won't play honest with them and as we know, they cannot be trusted especially when it comes to giving them our personal information. They might gonna sell it to others and use it to do things that we ourselves won't even imagine to do those things. Lots already happened with this kind of case and after they closed, we won't really know what will gonna happen to our personal data afterward.

[AicecreaME]

KYC is useless unless it is the type of KYC that requires you to take a live selfie after you submitted your I.D. But most of the KYC that I've seen doesn't require a selfie to verify that the I.D you've submitted is really you, not your parents I.D or someone's I.D. For me, I don't really trust this process because you're at a disadvantage if you submitted a legitimate identification of yours, since you don't know where they are really going to use it.

[danherbias07]

Misuse the identity. That's my reason for it.
As much as possible avoid throwing out any information to anyone. Not just gambling sites or casinos but even with other companies that are looking for it while you are not even a part of them.
It's not like you are applying for a job, you are the one doing the spending and it's only just for entertainment so might as well keep all the important parts of yourself and let me play the game.
I think I just defined "trust". 

[Jemzx00]

In this case, they are just avoiding some bad scenario that may occur if the site won't play honest with them and as we know, they cannot be trusted especially when it comes to giving them our personal information. They might gonna sell it to others and use it to do things that we ourselves won't even imagine to do those things. Lots already happened with this kind of case and after they closed, we won't really know what will gonna happen to our personal data afterward.

I don't think that most of the gamblers think this way as they surely trust the gambling platform as they are risking their funds especially high rollers.

For me, one of the main reason as to why gamblers don't want to provide their identity or do the KYC process is for security purposes on their identity as they are gambling with their own money where they don't want to expose themselves especially for high rollers who gambles with huge amount of money. Also, security on the website and blockchain technology for crypto are not the same where a simple breach of information may result of their identity being expose.

One other reason may possibly be is that the gambler is from a country where online gambling and cryptocurrency is restricted.

[Finestream]

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?

Gamblers will always chose privacy no matter what, that is why this KYC requirement always suck us. In my honest opinion, I want to avoid KYC as much as possible because I want to remain anonymous not only to the casino itself, but also to my co gamblers. And submitting all my personal documents to the casinos will always create future problems as some casinos are not reliable not to disclose my real identities as they also hold not responsible when someone stole my personal documents and divulge it to the public for whatsoever reasons. That is why gamblers will always prefer to play in casinos who are still not strict with KYC.

[Lanatsa]

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?

Gamblers will always chose privacy no matter what, that is why this KYC requirement always suck us. In my honest opinion, I want to avoid KYC as much as possible because I want to remain anonymous not only to the casino itself, but also to my co gamblers. And submitting all my personal documents to the casinos will always create future problems as some casinos are not reliable not to disclose my real identities as they also hold not responsible when someone stole my personal documents and divulge it to the public for whatsoever reasons. That is why gamblers will always prefer to play in casinos who are still not strict with KYC.

One of the reasons on why cryptocurrency gambling casinos or industry had boomed out just because of this sole reason which is "Anonymity" on which you would really be in no need on showing off your personal details

or having those verifications or making use of your credit card when you do tend to play online.Just having your own crypto then you are good to go and playing out games without exposing yourself
which is something that we do always prefer unlike on fiat casinos basing up on experience.

If we do tend to look at on charts or graphs in regarding growth and significant numbers then we would definitely see that its going upward.

[BitcoinAccepted]

Crypto and the term KYC. You'd say that doesn't go well together. Crypto was created to ensure the idea of anonymity more through the idea of centralization vs decentralization. However, there are more and more casinos that find it necessary to perform a KYC. This is often included in the general terms and conditions. However, I believe that sites don't always have to do that. It seems more like a means of deferring payments. I have never heard a story that a licensing commission has asked for the data of a gambling site.

[izsara]

Crypto and the term KYC. You'd say that doesn't go well together. Crypto was created to ensure the idea of anonymity more through the idea of centralization vs decentralization. However, there are more and more casinos that find it necessary to perform a KYC. This is often included in the general terms and conditions. However, I believe that sites don't always have to do that. It seems more like a means of deferring payments. I have never heard a story that a licensing commission has asked for the data of a gambling site.

The problem is that these rules can also be based on pressure from the government which does have the authority to do this which makes this something quite difficult to avoid and gambling houses or casinos will clearly follow the rules given by the government because in the end if they block it then they are the ones who are threatened. .
Even though many people are against KYC, there are still some conditions that gamblers have to do if they still want to continue gambling on one of the sites.