is KYC data on Gambling sites safe?

[komisariatku]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
 
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

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[Lucius]

"Safe" is something that you cannot define as definitively safe, because there are so many database leaks/hacking that it is hard to count them. It is not just gambling sites, but in general all possible databases that contain personal data, whether it is data that is under the control/protection of state or private companies.

Each of these databases is potentially vulnerable, the only question is how well it is protected and how much someone wants to hack it. When an unauthorized person comes into possession of such data, he can use it for ordinary phishing (e-mail, SMS, phone calls), for possible physical attacks on a person or his property, or for creating false documents.

In general, the more KYC you do, it is more likely that you will become a victim at some point. KYC has its purpose and there is no doubt about that, but it is definitely a double-edged sword.

[Nwada001]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

One of the purposes of KYC was for the platform to know their clients' identities, for them to know who they are dealing with, his or her age, where they live, their tax level, and to some point, their sources of income. These documents are what they use most often to justify if a customer is worth the amount of money they deposit into their account or not, and most times they use this data to track if the money that was deposited through the customers to their platform is legit and doesn't have any illegal activities attached to it.

But now, KYC is far, far above that. The majority of these companies, which require your KYC, use your documents for their selfish gain, sell your data to third parties without your permission, which can be used on other sites, and perform some illegal activities that you, the real owner, are not aware of, and you might be held responsible for a crime you did not commit.

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.

I don't think KYC has any means of preventing attackers from penetrating your account; there are other security measures that could be set for you to protect your own account by yourself. Other forms of security are left for the platform security team to handle because if the security is handled from their end, then your own security is likely to be worthless. And if these attackers happen to gain access to the platform, then every user who has passed the KYC verification is at a higher risk, not just for their funds but also for their data, because nothing will be left behind.

 

Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Any gambling site that requires KYC will always make it known on their T&C, which you as a reader will read before passing a successful registration, but I doubt most of us usually pass such a test. Nevertheless, some sites, not just gambling sites, have a limit to the amount you can withdraw without KYC, and when you hit those limits, you must pass their KYC before you can proceed. But I notice that passing KYC on sites is always easier when you newly create the account because your balance will be empty as of that time, but when you have enough funds worthy of seizure, that's when you will go through hell to pass their KYC. So it's always advisable to go for gambling sites that won't talk about KYC for your withdrawal, especially those that will allow you to withdraw through crypto. Lots of them don't usually care about KYC, but most do.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

Yes, I usually don't feel too good about sites that require me to pass through KYC. But if I desperately need to use that site for which I have no other option, I do pass such KYC, but I know the limit of the information I share with them.

I do also feel cheated when I come across sites where, from the beginning, they don't tell you about KYC, but after seeing some huge deposits or huge wins, they will suddenly come up with KYC options. That kind of behavior is spamming and is being done by people who have the intention to scam their users.

[Oshosondy]

Some punters are from countries that do not legalise gambling. Such punters do not want KYC.

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Some people are rich and are afraid of KYC anywhere they are online. But gambling should be done with low amount of money that should make KYC no bothering.

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers

But with KYC, there are still people laundering money.

In general, the more KYC you do, it is more likely that you will become a victim at some point. KYC has its purpose and there is no doubt about that, but it is definitely a double-edged sword.

But with KYC, there are still online criminals.

But generally speaking, KYC should be avoided if possible. KYC is dangerous for bitcoin and crypto users.

[CryptSafe]

In the first place, kyc was never the plan of blockchain and bitcoin. Bitcoin operates on the pseudo anonymous ways which means that there is no need for KYC but as time passes, government brought up a policy for third parties involved in bitcoin transaction to foster kyc plans so as to keep track of individual account transactions for possible observations and immediate actions as a result of the way blockchain operates and since then, kyc has been a regular thing in the space which is not welcoming. As for me, kyc is not really safe on blockchain or gambling sites because when there is a possible hack, information and Data of members are stolen and sold and most times, third parties obviously do that which is not welcoming.

So in respect to wether kyc is safe on gambling site is up to you to decide wether to choose a kyc gambling site to gamble with or not.

[Yogee]

[.....]but is the worry too much?

It's never too much. The threat is real but people probably don't see the danger that much since nobody has used their identity to commit a crime yet.

You asked this question in your title but you only discussed about the purpose or use of KYC.

is KYC data on Gambling sites safe?

The situation is the same with centralized exchanges or other platforms that store your personal information. Have you ever heard of data leakages? Take what happened to Ledger's database as example. Over a million emails were leaked and used to scam those customers. Imagine what else they could do if they already have your name plus documents.

[_act_]

In the first place, kyc was never the plan of blockchain and bitcoin. Bitcoin operates on the pseudo anonymous ways which means that there is no need for KYC but as time passes, government brought up a policy for third parties involved in bitcoin transaction to foster kyc plans so as to keep track of individual account transactions for possible observations and immediate actions as a result of the way blockchain operates and since then, kyc has been a regular thing in the space which is not welcoming. As for me, kyc is not really safe on blockchain or gambling sites because when there is a possible hack, information and Data of members are stolen and sold and most times, third parties obviously do that which is not welcoming.

That is the problem. If the gambling site is careless with your information as the information is hacked. There can be possibility that someone can attack you at your home, on the internet, or trying to hack your device. Coins are not like fiat which are easy to trace. If someone know about your coins, attacking and transferring it may leave no trace at all. KYC is not good.

[komisariatku]

In the first place, kyc was never the plan of blockchain and bitcoin. Bitcoin operates on the pseudo anonymous ways which means that there is no need for KYC but as time passes, government brought up a policy for third parties involved in bitcoin transaction to foster kyc plans so as to keep track of individual account transactions for possible observations and immediate actions as a result of the way blockchain operates and since then, kyc has been a regular thing in the space which is not welcoming. As for me, kyc is not really safe on blockchain or gambling sites because when there is a possible hack, information and Data of members are stolen and sold and most times, third parties obviously do that which is not welcoming.

So in respect to wether kyc is safe on gambling site is up to you to decide wether to choose a kyc gambling site to gamble with or not.

I agree with you. Bitcoin and blockchain which had anonymity lost its soul. Now everything is clear who owns bitcoin assets. The state seems to want to take taxes from all sectors including bitcoin and blockchain, even though they have never really agreed with blockchain.

But now, KYC is far, far above that. The majority of these companies, which require your KYC, use your documents for their selfish gain, sell your data to third parties without your permission, which can be used on other sites, and perform some illegal activities that you, the real owner, are not aware of, and you might be held responsible for a crime you did not commit.

Looks very dangerous. But we don't have any ability if the site has conditions for kyc. nothing is really safe, both on gambling sites and other sites? it's the same? it's so bad

[Wapfika]

Are you one of those who agree or refuse to fill out kyc on gambling sites?

Do we have a choice to refuse once we are already deposited in the casino wallet? Most of us here doesn't like KYC but we need to agree on it if we want to play in the casino. It's their policy but if we have a choice then I believe no one here will fill up the KYC form.

So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

We don't have any idea on where did casino stored their KYC data. So there's no exact answer to this question. We are handling over our data online to the company that we don’t know the physical location or who’s the owner. I think there's a danger on it but again as if we havea choice on this matter.

[piebeyb]

As long as you play at a big and reputable casino there seems to be no problem, I also don't mind about KYC at the casino when I play gambling, I just want to play safely and comfortably so I can make withdrawals without waiting anymore, everything is processed instantly and that's what I want, even though I'm not a big gambler like you play with small bets because I'm a small gambler.

I've heard of someone playing at Stake.com, he's an old player there and often withdraws big money but isn't asked for KYC, sometimes every rule is different for users and as long as you don't cheat then you'll be safe playing casino, if you feel uncomfortable with actual KYC it's easy to just play on a centralized casino site or web3 casino usually without KYC but for convenience and security it's not like playing in a centralized casino, I always feel KYC on big gambling sites is very safe

[Learn Bitcoin]

Submitting your personal information on the internet is never a safe thing to do. It depends on needs. It depends on how much you care about being anonymous, or maybe you don't care about it too much. You don't know if some hackers stole the database or if casino staff was selling the data on the darknet. You are browsing the clear net, so you might not know what's happening on the dark net.

You can buy people's ID cards, Passports, utility bill documents, etc. Now the question is, do you believe anyone will sell their personal information online? Nope, Those are stolen data from KYC platforms. You never know if your data was stolen by someone and maybe your data was used by someone else.

[ajiz138]

In general, those of us who often gamble with bitcoin do not want KYC to be done because anonymity is the main thing for them but casinos always have regulations registered with the government so they will have rules if at any time KYC is required and this is not it's strange now that many casinos started by asking users to do KYC when making large withdrawals.

I still reject KYC on other gambling sites because we are of course worried that our identity will be misused if they don't store it properly so there will still be many who oppose KYC here.
But I'm sure none of them can go against casino regulations. If you want money out, then the only way is KYC.

[inthelongrun]

As much as possible most of us want to stay private and stay out of KYC for privacy purposes and since there are a lot of these sites that are selling or sharing information. I understand that we should have a separate email when we register to a gambling site but what about our mobile phone numbers? It happened to me that I am starting to receive emails and text messages from other sites and these are the consequences when we share part of our information.

But generally, I do not mind doing KYCs. I understand very well the importance of it. But they should keep our information private because it is also very important to us.

[rhomelmabini]

Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

I think those who are worried are those who value their privacy yet they need to gamble, that would really worry for those gamblers. I'm more passive in these KYCs but so far I haven't been asked asking for some ID on casinos that I've interacted with might be the reason is not I'm not some kind to withdraw that much.

We don't know at all if it's safe, all we know is that they don't misuse those but deep down we don't really know how they kept it for us. I don't know what you've mean with being cheated unless you experience that you submit it then they just disregard it.

[leonair]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Many casino sites require KYC as they try to keep users away from various types of illegal activities. However, some sites sometimes cannot provide security to users' documents, rather they themselves sell them on the black market.  And various illegal activities are done using someone's personal documents. and this is why everyone has so many questions in doing kyc

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.

Doing KYC is good in many cases and risky in many cases so always to be safe. kyc should not be done anywhere other than submitting kyc documents at a trusted place.

Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Not asking for kyc is not good news.  Because without kyc your fund will be at risk.  So better to do kyc without avoiding it.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

I am always willing to do kyc but definitely on trusted sites.  Because the documents will be safe there. And never use fake document for kyc cheating.  It can put you in danger at some time suddenly. so be careful about it.

[PX-Z]

KYC data are not usually save on the actual Gambling site. Today most casino use KYC service provider or AML software services, a third party where a casino partnered with. Even a casino is hacked, those data is not included, unless the provider was also hacked. But this does not applied to all existing casino.

About your question, well, most casino now asked KYC, so once you created an account and have a regular use of it with small or large amount, probably you will be asked kyc maybe not now but later for sure. Most active users in this board probably provide KYC information already to their trusted casino same as mine. But i always make sure to provide and use only a trusted and reputed casino sitesfor less overthinking about my privacy. If you don't want to provide your personal info, don't use a KYC-required casino or don't gamble because those non-kyc required casino will probably asked kyc later.

[ethereumhunter]

Previously, you should know first that if you upload your data to the internet, it will be vulnerable to being hacked by hackers. So nothing can be 100% secure when we talk about the internet. But if you send documents to a trusted casino with a good reputation, you shouldn't need to worry because the casino will try to protect its customers' data properly. And of course, the casino will increase the security on its site so that hackers cannot break into the site. I have no problem with KYC if it's in the right hands and not using it for illegal things.

[tusandii]

Everything depends on our trust and whether the casino we use has a good reputation and can also guarantee the security of the data provided by each customer.
If we use a large, trusted casino with a good reputation, then there really is no need to be overly afraid of leaking KYC data to other parties.
But it all depends on the gambler himself whether he can trust the casino to provide KYC, considering that most gamblers still prioritize anonymity in gambling.

[famososMuertos]

First of all, it's a recurring theme on this board, quite a bit.  So we are at a point of no more assuming, did it happen to you?  Ok, you tell your experience, you don't ask for that of others and specifically which casinos have a gray policy, they are strict... since it means putting us all back to repeating experiences and consequently light spam.

 Now, the first incredible thing in some casinos is that the person who reviews that information is sometimes a "temporary" person and although it is possible that he is not the one who processes it, someone processes it and many casinos do not comply with security
anda/or standards to process data of personal relevance.

 A casino is a web address and a guy sitting at his desk (if he has one) typing "our security department... Blah blah,"

 But safe and reliable casinos exist, but no one wants to have a copy of their ID anywhere, no matter how reputable it is.

[lionheart78]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

This is one reason why people who care about the safety of their data often play on a reputable site.  With reputable casinos, they won't overlook the security of the data submitted to them.  Others even hire third party company that specializes in KYC to process their customers' verification.  There is always risk on submitting our information online.  So if a player is hesitant, he can always skip casinos that needed KYC.

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.

Aside from money laundering KYC also prevents multi-account abuse but also fraud.
 

Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

There are some casinos that limit their player to withdraw without KYC but when the  withdraw limit threshold is consumed, the casino might require the player to perform KYC in order to have  a larger amount to withdraw

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

I don't mind submitting KYC as long as the casino is reputable.