is KYC data on Gambling sites safe?

[panjul07]

So if the security of the site is weak,  then it is better to rather care and worry about the safety of our KYC documents submitted to them otherwise we can choose not to hand out our information and sensitive documents for verification.

If a gambling site's security is weak, it can be easily hacked, resulting in the loss of users' money. That's why it is important to choose a gambling site that has a high volume of gamblers patronizing them. With a significant amount of money at stake, these sites are motivated to prioritize strong security measures to safeguard funds, as well as the information and documents entrusted to them through KYC processes as one mistake could result to ruining their reputation which is a big loss for the business.

There is also one other possible way except hacking, it is by internal naughty staff of the casino who want to make extra money by doing illegal document selling.
No matter how great the security of the casino or any other online services such as exchange, we as users should realize that once we submit our personal data, then we should also ready for any risk.
There are even some official website of a government in a country which is hacked or stolen by internal staff of the government who want to sell the data to other parties.

[maydna]

~snip~

Most of the casinos do look at what country you are from and base their regulations on their judgment as to whether they will require you to undergo KYC or not. I have friends who are into sports betting or gambling in casinos, but they are not required to go through KYC, just like me. Therefore, we enjoy the full liberty of gambling anonymously.

We feel lucky if we can get a casino that doesn't ask us to do KYC because that means we get complete freedom in gambling. But if we don't pay attention or control ourselves, that's when we can start experiencing gambling addiction without realizing it. The casino will check which country we are from and will apply the same rules as other members. But if the casino asks us to do KYC one day, we have to be careful and check the casino to ensure that the casino is trusted.

[paxmao]

Decentralized casinos, which operate on blockchain technology, sometimes offer an alternative to traditional casinos by providing more anonymity and removing the need for KYC but obviously they are not entirely foolproof either. As with any online activity, there are inherent risks so using the reputate sites, checking in the forum... those are required.

[abel1337]

If my information is leaked, there's only two casinos to blame.

But how far can we go in terms of legal action against them?

These casinos are operating in different countries, so it's challenging on our side since there are no specific ways to sue them for leaking our information.

It is sad that I personally don't know what to do and might have no plans in sueing them knowing that it will be a waste of my time and I don't have that much funds to fight against a casino that has a really big budget. The only thing I will do is to just declared that I'm a victim and hope someone will do the initiative for the victims. I'm positive that there are laws that covers an leakage indicident but it will be a though fight and the accuser need to spend a hefty amount of money to fight them.

[Lanatsa]

If my information is leaked, there's only two casinos to blame.

But how far can we go in terms of legal action against them?

These casinos are operating in different countries, so it's challenging on our side since there are no specific ways to sue them for leaking our information.

It is sad that I personally don't know what to do and might have no plans in sueing them knowing that it will be a waste of my time and I don't have that much funds to fight against a casino that has a really big budget. The only thing I will do is to just declared that I'm a victim and hope someone will do the initiative for the victims. I'm positive that there are laws that covers an leakage indicident but it will be a though fight and the accuser need to spend a hefty amount of money to fight them.

Most of us would really be definitely be ending up on having no choice but to deal up with the situation because if we do really tend to fight on legal means, you would really still lose because we know that fighting a casino on legal means but having that not enough finances on doing so then expect on where it would be heading.

This is why we do really just make ourselves shut up and accept the situation that we do automatically lose.This is why on the time that we do sent out some verification or kyc on a site whether on an exchange or gambling site then we do really already accept our fate that our information is already leaked out. There's no way that we could really make out assurance that those information are safe with them.
Despite of saying about the security of their database or whatsoever in correlation to it but still there's no way that we could able to know on whats happening behind.

[Wrathofcoins]

Decentralized casinos, which operate on blockchain technology, sometimes offer an alternative to traditional casinos by providing more anonymity and removing the need for KYC but obviously they are not entirely foolproof either. As with any online activity, there are inherent risks so using the reputate sites, checking in the forum... those are required.

Yes, but they ended having problems and implement the KYC if the business its doing good and starts tod evelop that "problem", for problem i mean, goverment or agencies who wants info for them and the players.

So you need to be very carefull choosing a good casino and also, making the move before they start to want the KYC done and move to another who still dont need KYC.

[Odusko]

Decentralized casinos, which operate on blockchain technology, sometimes offer an alternative to traditional casinos by providing more anonymity and removing the need for KYC but obviously they are not entirely foolproof either. As with any online activity, there are inherent risks so using the reputate sites, checking in the forum... those are required.

Yes, but they ended having problems and implement the KYC if the business its doing good and starts tod evelop that "problem", for problem i mean, goverment or agencies who wants info for them and the players.

So you need to be very carefull choosing a good casino and also, making the move before they start to want the KYC done and move to another who still dont need KYC.

But in reality if i am not doing anything illegal I don't think I have anything to worry about regulators having access to my document after all those documents are issued for days like that when I need to prove my identity.
The only time I will have something to worry about is when gambling is banned in my country, only then I can worry for my safety to becoming careful with my documents, but if that is, not the case then I don't have any issues with the safety of those data as against regulators access.

[komisariatku]

But in reality if i am not doing anything illegal I don't think I have anything to worry about regulators having access to my document after all those documents are issued for days like that when I need to prove my identity.
The only time I will have something to worry about is when gambling is banned in my country, only then I can worry for my safety to becoming careful with my documents, but if that is, not the case then I don't have any issues with the safety of those data as against regulators access.

Yes I agree with you. That if don't have legal problems, don't need to be afraid if our activities are discovered through KYC regulations. However, it is possible that our kyc is broken into by a hacker and the data is misused.

In my country gambling is an illegal activity. so maybe it's better to play at a casino that doesn't require kyc. Until now, I haven't had any problems with the KYC that I entered into the casino. Hope that's fine, no one wants their private documents to be misused

Right now I'm playing at a casino that deposits using crypto, I think it's safer and playing at a casino that doesn't need kyc

[Webetcoins]

If a gambling site's security is weak, it can be easily hacked, resulting in the loss of users' money. That's why it is important to choose a gambling site that has a high volume of gamblers patronizing them. With a significant amount of money at stake, these sites are motivated to prioritize strong security measures to safeguard funds, as well as the information and documents entrusted to them through KYC processes as one mistake could result to ruining their reputation which is a big loss for the business.

There is also one other possible way except hacking, it is by internal naughty staff of the casino who want to make extra money by doing illegal document selling.
No matter how great the security of the casino or any other online services such as exchange, we as users should realize that once we submit our personal data, then we should also ready for any risk.
There are even some official website of a government in a country which is hacked or stolen by internal staff of the government who want to sell the data to other parties.

It's definitely true that once we submit our details and documents to a website, we should know that our data can be breached at any time by any mean, whether it's done by hackers, by internal employees, by the company itself, or any other way. We should only entrust our details to the most reputable platforms hoping that they will take good care of our personal documents and they might have good security for it.

When we submit our documents to a new platform, we expose ourselves to greater risks as even the platform itself can use them in a negative way, they might sell them for money or share them with a third-party service and charge them commission for the data, anything is possible.

[Blitzboy]

If my information is leaked, there's only two casinos to blame.

But how far can we go in terms of legal action against them?

These casinos are operating in different countries, so it's challenging on our side since there are no specific ways to sue them for leaking our information.

It is sad that I personally don't know what to do and might have no plans in sueing them knowing that it will be a waste of my time and I don't have that much funds to fight against a casino that has a really big budget. The only thing I will do is to just declared that I'm a victim and hope someone will do the initiative for the victims. I'm positive that there are laws that covers an leakage indicident but it will be a though fight and the accuser need to spend a hefty amount of money to fight them.

Most of us would really be definitely be ending up on having no choice but to deal up with the situation because if we do really tend to fight on legal means, you would really still lose because we know that fighting a casino on legal means but having that not enough finances on doing so then expect on where it would be heading.

This is why we do really just make ourselves shut up and accept the situation that we do automatically lose.This is why on the time that we do sent out some verification or kyc on a site whether on an exchange or gambling site then we do really already accept our fate that our information is already leaked out. There's no way that we could really make out assurance that those information are safe with them.
Despite of saying about the security of their database or whatsoever in correlation to it but still there's no way that we could able to know on whats happening behind.

[Z390]

Everything bad about KYC till this day are all rumors, oh someone will hijack your identity and use your ID card to commit some crimes online and you will be in trouble, that's even when you are far away in Africa lol, maybe I am wrong because I don't like been always right but I haven't come across such cases before, they only happen in movies, spies and gadgets and CIA shits.

Also if you like gambling and all you ever use is small money, even if your KYC is stolen for any reasons that you don't know, who cares? If KYC is that risky everyone online will put an red flag om every KYC requirement, I will start hating KYC when many cases of stolen identity through KYC information comes alive.

[leonair]

Everything bad about KYC till this day are all rumors, oh someone will hijack your identity and use your ID card to commit some crimes online and you will be in trouble, that's even when you are far away in Africa lol, maybe I am wrong because I don't like been always right but I haven't come across such cases before, they only happen in movies, spies and gadgets and CIA shits.

Also if you like gambling and all you ever use is small money, even if your KYC is stolen for any reasons that you don't know, who cares? If KYC is that risky everyone online will put an red flag om every KYC requirement, I will start hating KYC when many cases of stolen identity through KYC information comes alive.

Yes it is good to be anonymous when it comes to crypto and online gambling but the licensed companies have certain rules for the platform that we have to follow if we use it and that's why we must have KYC mandatory on reputable platforms. But I don't think kyc is a problem on reputable platforms. Because I think they won't spoil their reporation by selling user documents. But when we use an unknown platform or a new platform and do kyc verification there, it is normal to be afraid because there is no guarantee that they will not sell the user's documents.

[Doan9269]

There are no guarantees that any documents and data you send online will ever be deleted even if the company you’re sending your data to claims to do so

We also have to be very more careful on the kind of documents we uploaded to these online gambling website, we should not always allow ourselves to get too open to the world, they may through our openess attack us in areas we least expect from them, privacy is very important.

It’s unlikely that on big and reputable websites you’ll have problems with your data and documents.
It could always happen but we don’t hear a lot about it

When this evil happens, the unexpected that comes from it is that we may not be able to trace or locate where this is coming from, they will also disguise and act being innocent except in some conditions they have to show up especially during cases where you are their main target because they are having issues with you.

[wxa7115]

Everything bad about KYC till this day are all rumors, oh someone will hijack your identity and use your ID card to commit some crimes online and you will be in trouble, that's even when you are far away in Africa lol, maybe I am wrong because I don't like been always right but I haven't come across such cases before, they only happen in movies, spies and gadgets and CIA shits.

Also if you like gambling and all you ever use is small money, even if your KYC is stolen for any reasons that you don't know, who cares? If KYC is that risky everyone online will put an red flag om every KYC requirement, I will start hating KYC when many cases of stolen identity through KYC information comes alive.

Yes it is good to be anonymous when it comes to crypto and online gambling but the licensed companies have certain rules for the platform that we have to follow if we use it and that's why we must have KYC mandatory on reputable platforms. But I don't think kyc is a problem on reputable platforms. Because I think they won't spoil their reporation by selling user documents. But when we use an unknown platform or a new platform and do kyc verification there, it is normal to be afraid because there is no guarantee that they will not sell the user's documents.

If KYC is already hard to accept for some members of the community, even if they are gambling at a reputable casino, then this is many times more difficult if they find themselves gambling at a casino without a positive reputation or a long tradition on this market.

And in that case they will face a very difficult situation, they will have to forfeit those coins and bite the bullet or accept the KYC process and hope for the best, and neither of those two options are a good choice if you ask me.

[Fredomago]

If a gambling site's security is weak, it can be easily hacked, resulting in the loss of users' money. That's why it is important to choose a gambling site that has a high volume of gamblers patronizing them. With a significant amount of money at stake, these sites are motivated to prioritize strong security measures to safeguard funds, as well as the information and documents entrusted to them through KYC processes as one mistake could result to ruining their reputation which is a big loss for the business.

There is also one other possible way except hacking, it is by internal naughty staff of the casino who want to make extra money by doing illegal document selling.
No matter how great the security of the casino or any other online services such as exchange, we as users should realize that once we submit our personal data, then we should also ready for any risk.
There are even some official website of a government in a country which is hacked or stolen by internal staff of the government who want to sell the data to other parties.

It's definitely true that once we submit our details and documents to a website, we should know that our data can be breached at any time by any mean, whether it's done by hackers, by internal employees, by the company itself, or any other way. We should only entrust our details to the most reputable platforms hoping that they will take good care of our personal documents and they might have good security for it.

When we submit our documents to a new platform, we expose ourselves to greater risks as even the platform itself can use them in a negative way, they might sell them for money or share them with a third-party service and charge them commission for the data, anything is possible.

Logically right, when submitting your KYC you are giving the company the right in taking those personal details the chance of risking the information will be there already, same with how you see it, either the hacker or an inside job from the developers itself we can't deny that the chance is always around.

To lessen the chance, better to take it with a high reputation company in hope that they will not risk the business.

Securing the information might ruin their bread and butter. They might give an extra care about any possible exploit with your data.

[Docnaster]

There are no guarantees that any documents and data you send online will ever be deleted even if the company you’re sending your data to claims to do so

That said
It’s unlikely that on big and reputable websites you’ll have problems with your data and documents.
It could always happen but we don’t hear a lot about it

Once your data is given out, you cannot control what they do with your data. It is true that reputable companies will not do anything bad with your data and neither will they trade it. But when there are issues that the government will want them to release the data, they will have no option than to adhere to the instructions of the government.
But there are alot of shaddy companies looking to fish on people's private information and that is why kyc is discouraged largely by the community.

[pakhitheboss]

Decentralized casinos, which operate on blockchain technology, sometimes offer an alternative to traditional casinos by providing more anonymity and removing the need for KYC but obviously they are not entirely foolproof either. As with any online activity, there are inherent risks so using the reputate sites, checking in the forum... those are required.

Generally decentralized casinos do ask for KYC data. If the need arises such as for big withdrawal or if they are suspecting any un usual activities then they ask for KYC. You cannot guarantee that your data is secure in a reputed casino. Data leaks may happen and sometimes they might not delete your data after closure of your account. There is risk but if you are gambling you are always at a risk. I do not think KYC data can be such a big issue for a gambler.

[bettercrypto]

There are no guarantees that any documents and data you send online will ever be deleted even if the company you’re sending your data to claims to do so

That said
It’s unlikely that on big and reputable websites you’ll have problems with your data and documents.
It could always happen but we don’t hear a lot about it

What you said is true, it's just because of our trust even though we know there is still a risk in giving our documents, we still do it in exchange for the large amount we won in gambling. This is the most common reason, right?

But in my experience of playing gambling here in crypto gambling so far, I still seem to have had a problem with passing kyc because I trust a casino that I gambled with and sent kyc too.

[SirLancelot]

Decentralized casinos, which operate on blockchain technology, sometimes offer an alternative to traditional casinos by providing more anonymity and removing the need for KYC but obviously they are not entirely foolproof either. As with any online activity, there are inherent risks so using the reputate sites, checking in the forum... those are required.

Generally decentralized casinos do ask for KYC data. If the need arises such as for big withdrawal or if they are suspecting any un usual activities then they ask for KYC. You cannot guarantee that your data is secure in a reputed casino. Data leaks may happen and sometimes they might not delete your data after closure of your account. There is risk but if you are gambling you are always at a risk. I do not think KYC data can be such a big issue for a gambler.

Decentralized platforms are not regulated, registered or licensed, so there hasn't been any instance so far where a decentralized casino asked its gamblers to complete KYC verification because the money that is being bet on games isn't going to them and then coming back to the gamblers because everything is done on-chain through smart contracts, so they don't need to check anything at all and that is what they do.

Though authorities have signaled that they might start regulating decentralized platforms too in the future, and if that happens and they are forced to register themselves and operate under a license, they will surely ask gamblers for KYC verification after that.

[dimonstration]

Decentralized casinos, which operate on blockchain technology, sometimes offer an alternative to traditional casinos by providing more anonymity and removing the need for KYC but obviously they are not entirely foolproof either. As with any online activity, there are inherent risks so using the reputate sites, checking in the forum... those are required.

Generally decentralized casinos do ask for KYC data. If the need arises such as for big withdrawal or if they are suspecting any un usual activities then they ask for KYC. You cannot guarantee that your data is secure in a reputed casino. Data leaks may happen and sometimes they might not delete your data after closure of your account. There is risk but if you are gambling you are always at a risk. I do not think KYC data can be such a big issue for a gambler.

Decentralized platforms are not regulated, registered or licensed, so there hasn't been any instance so far where a decentralized casino asked its gamblers to complete KYC verification because the money that is being bet on games isn't going to them and then coming back to the gamblers because everything is done on-chain through smart contracts, so they don't need to check anything at all and that is what they do.

Though authorities have signaled that they might start regulating decentralized platforms too in the future, and if that happens and they are forced to register themselves and operate under a license, they will surely ask gamblers for KYC verification after that.

Real decentralized platform can’t imposed KYC to their customers since players doesn’t have any account on the casino. They are just sending their bets on smart contract which means casino has no means to require KYC.

Authorities might seize unregulated decentralized casino but they can’t turn it to centralized casino since all if its games is designed for decentralized games through the use of smart contract.