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Author Topic: is KYC data on Gambling sites safe?  (Read 2738 times)
Issa56
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June 19, 2023, 06:16:34 PM
 #341

Technically if we see, then NO, the KYC datas are not safe. The gambling site might claim that they will only use the KYC data to verify you, but we all know that the servers of these types of gambling sites gets breached multiple times and the datas are hence leaked. There are also some gambling site present, who just sell the KYC datas to other 3rd party to make money. So yes we are completely helpless here. We have to find KYCless casinos or else we have to continue like this only.
Things like this often happen, any gambling sites requesting for your identity will always claim its save, but they are using that one to deceive their customers, so that they will be having confidence in them, the gambling site can be hacked at any moment, and scammers will have access to your information which can be used for illegal activities, the gambling site staff can decide to sell customers identity to scammers, it happens frequently but people wont notice that.

If you really cherish your identity, then its better you gamble on gambling sites that those not request for kyc, or the once that those not make kyc mandatory, if you can submit your identity on any site, just believe that your identity is already in public.

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June 19, 2023, 07:36:11 PM
 #342

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.
Or simply with those blockchain type games on which it cant really something that would be applied with KYC on which it would really be that possible for government  to impose up such regulation because there's

no way that it could really be taxed considering that it is a blockchain based game but we know that it isnt really that much rampant when it comes into this market considering that it isnt really that  getting
that much attention compared into those platforms which does offer with those slots and other casino games but in exchange  they are really having that tendency or having the chance
on getting regulated and this is why it would really be having that normal approach that they would really be asking some KYC.

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June 19, 2023, 10:03:09 PM
 #343

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?

Well, throughout my experience in the world of the internet, nothing can be guaranteed to be completely safe. either way, there's no guarantee it's 100% safe. the reason is, there are many factors, either the site is hacked and the data is stolen, or our cellular is infected which in the end the hacker can access the data on our cell phone or PC.

Regarding KYC, as I said before there is no guarantee that it is 100% secure. because the potential for data misappropriation can occur at any time, or other factors. Therefore, we must be careful when surfing the internet. Likewise with online casinos, for now, most online casinos impose KYC on their users. the reasons are very diverse, and one of them is as you said in this post. because of that too, we must choose a casino that really has a reputation that is quite trusted and credible. at least, our data can be ensured safe. because, they have a reputation that can be trusted even though there will always be risks that could occur in the future. but since KYC has become commonplace for now, I don't have a problem with it. it's just that, I will only do it at casinos that I trust and have a reliable reputation.

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June 19, 2023, 10:44:56 PM
 #344

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.
Some casinos that pose themselves to be decentralized are not totally decentralized. It cannot be decentralized and still be requiring KYC. Whose serve will recieve the KYCed data and for what purpose.
A totally decentralized casino is been hunted by the government and used for illicit purposes and that is why they do not gain much public popularity. Also the difficulty in setting it up is not what someone that just want to gamble for fun will want to do.

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June 20, 2023, 06:38:48 AM
 #345

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.
Some casinos that pose themselves to be decentralized are not totally decentralized. It cannot be decentralized and still be requiring KYC. Whose serve will recieve the KYCed data and for what purpose.
A totally decentralized casino is been hunted by the government and used for illicit purposes and that is why they do not gain much public popularity. Also the difficulty in setting it up is not what someone that just want to gamble for fun will want to do.
Yes, of course, the meaning of decentralization in general is to conduct a fairly anonymous policy of the casino itself, and it is obvious that at the same time the organizers of such a project are trying to maintain anonymity to the maximum.  And even if such a casino begins to require verification of any identity, for example, according to the KYC procedure, it always looks very suspicious.  It is completely unclear how, in this case, the legislation on the confidentiality of personal data is observed and how the safety of maintaining the databases of players who have passed KYC is ensured?  In my opinion, all this is impossible and such data will somehow leak into the network. 
So any casino that positions itself as decentralized and whose devs will claim that they require player data and KYC verification should always be a concern. 
Firstly, such a casino only boasts that it is decentralized, but in reality it is not so at all.  And there is a specific group of people who completely control it. 
And secondly, giving your personal data to the casino, which from the very beginning lies about its decentralization, simply should not be done. 
And if such a casino requires KYC, this is an indicator of such lies.

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June 20, 2023, 07:10:33 AM
 #346

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.
Some casinos that pose themselves to be decentralized are not totally decentralized. It cannot be decentralized and still be requiring KYC. Whose serve will recieve the KYCed data and for what purpose.
A totally decentralized casino is been hunted by the government and used for illicit purposes and that is why they do not gain much public popularity. Also the difficulty in setting it up is not what someone that just want to gamble for fun will want to do.

No casino nowadays be it FIAT who have always been KYC complaint and the crypto ones will at some point ask for KYC if you win a big amount and want to withdraw money.That is in the casinos right to ask for KYC as they want to know who is getting this amount of money in order to comply with anti money laundering policies.Of course in the end it is up to the user if he wants to get it all at once this amount or he is patient enough to get it in smaller chunks thus avoiding KYC,personally I have KYC level 2 only on Stake which I fully believe them.

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June 20, 2023, 07:49:10 AM
 #347


No casino nowadays be it FIAT who have always been KYC complaint and the crypto ones will at some point ask for KYC if you win a big amount and want to withdraw money.That is in the casinos right to ask for KYC as they want to know who is getting this amount of money in order to comply with anti money laundering policies.Of course in the end it is up to the user if he wants to get it all at once this amount or he is patient enough to get it in smaller chunks thus avoiding KYC,personally I have KYC level 2 only on Stake which I fully believe them.
Yeah!  This is, of course, a proven and large, reputable casino and it is normal that you are registered on it after passing the KYC verification procedure. 

But here is what I would note in connection with your opinion.  Somehow, now all players and just people interested in cryptocurrencies perceive checks for possible money laundering as something for granted and even already mandatory.  But what constitutes such a check - this is generally a big question.  To what extent the checks themselves are honest and correct.  Everyone thinks they're honest for some reason.  And here I was wondering whether these algorithms themselves are so correct and fair.  And who are these people in general, who takes on the responsibility of checking money for some kind of honest or criminal history?  Can we ourselves trust such people and organizations.  Maybe they themselves are corrupt and unreliable. 

So the big question remains with all these "checks". Huh
I'm not sure that everything in the checks is honest and objective. 
And that there are no abuses of individual inspectors and that there are no masses of errors.

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June 20, 2023, 09:17:02 AM
 #348

Some casinos that pose themselves to be decentralized are not totally decentralized. It cannot be decentralized and still be requiring KYC. Whose serve will recieve the KYCed data and for what purpose.
A totally decentralized casino is been hunted by the government and used for illicit purposes and that is why they do not gain much public popularity. Also the difficulty in setting it up is not what someone that just want to gamble for fun will want to do.
Whatever the type of casino, we can find it easily, especially since we have joined this forum for a long time, so we already have a list of casinos. And if we want to do KYC, we already know which casinos are trusted and which are scams so we won't worry about anything.

And even though the casino is decentralized, if we find indications that it will be a scam, we will not choose it but look for other casinos. So let's try to find out more about a casino before choosing a casino.

And trusted casinos will always try to protect the data or everything in the casino. And the casino will always increase vigilance and security so that data will not be leaked, stolen, or even hacked.

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June 20, 2023, 09:57:06 AM
 #349

<...>
-snip-
And trusted casinos will always try to protect the data or everything in the casino. And the casino will always increase vigilance and security so that data will not be leaked, stolen, or even hacked.

This is true, one can't compare the degree of safety between performing KYC for trusted companies versus brand new or shady projects. However, KYC always carries a risk, we have seen many times with leading companies in their sector, like in Ledger's case where data from 270K crypto wallet buyers were exposed: so no matter how big and secure the company is, there can always be weak points. In fact, the larger the company the more likely it is to be targeted.


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June 20, 2023, 10:45:17 AM
 #350

<...>
-snip-
And trusted casinos will always try to protect the data or everything in the casino. And the casino will always increase vigilance and security so that data will not be leaked, stolen, or even hacked.

This is true, one can't compare the degree of safety between performing KYC for trusted companies versus brand new or shady projects. However, KYC always carries a risk, we have seen many times with leading companies in their sector, like in Ledger's case where data from 270K crypto wallet buyers were exposed: so no matter how big and secure the company is, there can always be weak points. In fact, the larger the company the more likely it is to be targeted.



That's the reality; we can't guarantee that our data is 100% safe since no company or gambling site is entirely secure. From the moment we submit our documents, we should already consider the possibility of them being exposed due to various reasons. Therefore, we should question ourselves if we can accept such an occurrence.

When it comes to gambling sites, I believe it's not the ideal platform for providing KYC information. However, as gamblers, we are obligated to comply with it if we want to enjoy the experience.

R


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June 20, 2023, 10:54:08 AM
 #351


Regarding KYC, as I said before there is no guarantee that it is 100% secure. because the potential for data misappropriation can occur at any time, or other factors. Therefore, we must be careful when surfing the internet. Likewise with online casinos, for now, most online casinos impose KYC on their users. the reasons are very diverse, and one of them is as you said in this post. because of that too, we must choose a casino that really has a reputation that is quite trusted and credible. at least, our data can be ensured safe. because, they have a reputation that can be trusted even though there will always be risks that could occur in the future. but since KYC has become commonplace for now, I don't have a problem with it. it's just that, I will only do it at casinos that I trust and have a reliable reputation.

Same with how you assess the chance, choosing reputable casino will give you lesser worries, as you know and believe that they will not risk the business for allowing any types of exploit with the data that their customers/clients will provide them. Most of the time, when dealing online, we mostly check the credibility of every site before we handover our information.

Same drill with online gambling. Before you let the site keep your personal information, you need to make sure that you fully
trust the owners and everyone who's behind the platform.

From this viewpoint, you can have some peace of mind while playing and using the services as you allow them to have the copy of your personal data.

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June 20, 2023, 12:17:05 PM
 #352

When it comes to gambling sites, I believe it's not the ideal platform for providing KYC information. However, as gamblers, we are obligated to comply with it if we want to enjoy the experience.

Actually, KYC is typically associated with fiat casinos, which is one of the reasons why crypto casinos became popular in the first place. They offered the appeal of anonymous gambling without the need for KYC. However, with the introduction of regulations, crypto casinos that are now regulated are required to implement KYC procedures for their clients. As enthusiasts of crypto casinos, we have to adapt to this new system since falling in love with crypto casinos means accepting the changes brought about by regulation.

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June 20, 2023, 01:07:23 PM
 #353

Actually, KYC is typically associated with fiat casinos, which is one of the reasons why crypto casinos became popular in the first place. They offered the appeal of anonymous gambling without the need for KYC. However, with the introduction of regulations, crypto casinos that are now regulated are required to implement KYC procedures for their clients. As enthusiasts of crypto casinos, we have to adapt to this new system since falling in love with crypto casinos means accepting the changes brought about by regulation.
You spoke my mind. So many people tend to forget the fact that KYC is what primarily separates FIAT and Crypto gamblers sites. Gamblers supporting KYC due to regulations etc need to understand that they are a part of the minority.

The majority hate KYC and try to avoid it as much as possible since privacy is a big deal these days.

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June 20, 2023, 01:32:14 PM
 #354

Some casinos that pose themselves to be decentralized are not totally decentralized. It cannot be decentralized and still be requiring KYC. Whose serve will recieve the KYCed data and for what purpose.
A totally decentralized casino is been hunted by the government and used for illicit purposes and that is why they do not gain much public popularity. Also the difficulty in setting it up is not what someone that just want to gamble for fun will want to do.
Whatever the type of casino, we can find it easily, especially since we have joined this forum for a long time, so we already have a list of casinos. And if we want to do KYC, we already know which casinos are trusted and which are scams so we won't worry about anything.

And even though the casino is decentralized, if we find indications that it will be a scam, we will not choose it but look for other casinos. So let's try to find out more about a casino before choosing a casino.

And trusted casinos will always try to protect the data or everything in the casino. And the casino will always increase vigilance and security so that data will not be leaked, stolen, or even hacked.

Just as you've mentioned, for the sake of the ones on this forum, we know them and how they operates, we cannot assume that KYC is not required when the casino is the type that request for such, there are many casinos one may try to look out for within and outside the forum for no KYC requirements for you to join.

But all that should be more soughted for is the trust in most of these gambling platforms, can they be that reliable to an extent, because the casinos that requires our information may later use them in tracking us and somemay not, but it's always better to stay off this uncertainties and avoid kyc at any means necessary or possible enough for us to use.
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June 20, 2023, 04:19:23 PM
 #355

When it comes to gambling sites, I believe it's not the ideal platform for providing KYC information. However, as gamblers, we are obligated to comply with it if we want to enjoy the experience.

Actually, KYC is typically associated with fiat casinos, which is one of the reasons why crypto casinos became popular in the first place. They offered the appeal of anonymous gambling without the need for KYC. However, with the introduction of regulations, crypto casinos that are now regulated are required to implement KYC procedures for their clients. As enthusiasts of crypto casinos, we have to adapt to this new system since falling in love with crypto casinos means accepting the changes brought about by regulation.
It is difficult when it comes to how to do when a casino asks for identification or KYC, I very much agree when you say that KYC is for trustee casinos, there is no way it is a way to control who enters and who is in this activity style, but when it comes to online casinos and crypto they should not ask for KYC identification, if governments force it or something like that they should have the clear conviction that it should not be done, but no casino goes against governments, nor against the organizations that force this, firstly because they are closed and secondly they lose the licenses that I imagine are quite expensive, so I don't see casinos that really support technology, we as players have no choice but to play because casinos without kyc are few.

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June 20, 2023, 10:44:43 PM
 #356

Actually, KYC is typically associated with fiat casinos, which is one of the reasons why crypto casinos became popular in the first place. They offered the appeal of anonymous gambling without the need for KYC. However, with the introduction of regulations, crypto casinos that are now regulated are required to implement KYC procedures for their clients. As enthusiasts of crypto casinos, we have to adapt to this new system since falling in love with crypto casinos means accepting the changes brought about by regulation.
You spoke my mind. So many people tend to forget the fact that KYC is what primarily separates FIAT and Crypto gamblers sites. Gamblers supporting KYC due to regulations etc need to understand that they are a part of the minority.

The majority hate KYC and try to avoid it as much as possible since privacy is a big deal these days.
For every crypto casinos, KYC should be avoided since it is what separated fiat casinos from cryptocurrency casinos just like you have started. Gamblers that are so free to drop there information in casino for them to be exploited are doing that because of ignorance. So many of the casinos that do claim that they are Bitcoin casinos and still ask for KYC from there customers are missing the information in a big way that Satoshi Nakamoto dropped in the whitepaper.

 Cryptocurrency is meant to be decentralized and should not be after the identities of gamblers who use there casinos. Big gamblers that know the effect KYC could pose in there privacy status will never agreed to use KYC casinos.

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Asuspawer09
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June 20, 2023, 11:59:18 PM
 #357

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?

Not all gambling website require KYC in my opinion this wasn't worth it, there is a lot of gambling website that is already trusted here in the forum that doesnt required you some kind of KYC. There are a lot of members here that is not going to give KYC that easily just because it's a requirement, normal it's already a red flag for some members, I think it's already become a big issue so some gambling website doesnt required it anymore.

In my opinion, it's not safe to do KYC on gambling websites maybe you can make an exception to the other trusted and been running for years gambling website, But still I would give my information to this website also there are a lot of gambling website that shut down. Who knows what they can do to your information after that they might just sell your information illegally and it could easily be used in illegal activities. Just don't risk it, I mean it wasn't really worth it just so you could gamble.

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virasisog
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June 21, 2023, 01:47:41 AM
 #358

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?

Not all gambling website require KYC in my opinion this wasn't worth it, there is a lot of gambling website that is already trusted here in the forum that doesnt required you some kind of KYC. There are a lot of members here that is not going to give KYC that easily just because it's a requirement, normal it's already a red flag for some members, I think it's already become a big issue so some gambling website doesnt required it anymore.

In my opinion, it's not safe to do KYC on gambling websites maybe you can make an exception to the other trusted and been running for years gambling website, But still I would give my information to this website also there are a lot of gambling website that shut down. Who knows what they can do to your information after that they might just sell your information illegally and it could easily be used in illegal activities. Just don't risk it, I mean it wasn't really worth it just so you could gamble.

Gamblers will undoubtedly favor non-KYC casinos since we all want to protect the privacy of our personal information because we are aware of the risks and potential for it to be misused in specific situations. However, I don't believe it would be a huge concern to give our personal information if we were at a reputable and trusted casino. There are well-known and reputable casinos that request KYC, but they maintain and assure the players that their information is secure.
The reputation of the casino affects how safe our KYC information is, and if we choose an accredited casino, our information will be secure. I have so far complied with the KYC requirements of various casinos without running into any issues.
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June 21, 2023, 02:09:39 AM
 #359

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?

Not all gambling website require KYC in my opinion this wasn't worth it, there is a lot of gambling website that is already trusted here in the forum that doesnt required you some kind of KYC. There are a lot of members here that is not going to give KYC that easily just because it's a requirement, normal it's already a red flag for some members, I think it's already become a big issue so some gambling website doesnt required it anymore.

In my opinion, it's not safe to do KYC on gambling websites maybe you can make an exception to the other trusted and been running for years gambling website, But still I would give my information to this website also there are a lot of gambling website that shut down. Who knows what they can do to your information after that they might just sell your information illegally and it could easily be used in illegal activities. Just don't risk it, I mean it wasn't really worth it just so you could gamble.

When it comes to data privacy the gambling casino must have their license on it but we are in the crypto currency the essence of it it's to become anonymous and the anonymity is not on the side of it anymore for me level KYC is enough. Such as an email for the forget account or password reset and even providing the withdrawal address but for the KYC submitted with ID is over committed the platform is now performing the centralized process and ignore the use of being decentralize of the crypto.
Gambling casino's argue that KYC is because they want to prevent the using of bot, now depends on the user if they're going to continue the use of the crypto gambling casino due to KYC still having an option.

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delfastTions
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June 21, 2023, 07:11:23 AM
 #360

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?

Not all gambling website require KYC in my opinion this wasn't worth it, there is a lot of gambling website that is already trusted here in the forum that doesnt required you some kind of KYC. There are a lot of members here that is not going to give KYC that easily just because it's a requirement, normal it's already a red flag for some members, I think it's already become a big issue so some gambling website doesnt required it anymore.

In my opinion, it's not safe to do KYC on gambling websites maybe you can make an exception to the other trusted and been running for years gambling website, But still I would give my information to this website also there are a lot of gambling website that shut down. Who knows what they can do to your information after that they might just sell your information illegally and it could easily be used in illegal activities. Just don't risk it, I mean it wasn't really worth it just so you could gamble.

When it comes to data privacy the gambling casino must have their license on it but we are in the crypto currency the essence of it it's to become anonymous and the anonymity is not on the side of it anymore for me level KYC is enough. Such as an email for the forget account or password reset and even providing the withdrawal address but for the KYC submitted with ID is over committed the platform is now performing the centralized process and ignore the use of being decentralize of the crypto.
Gambling casino's argue that KYC is because they want to prevent the using of bot, now depends on the user if they're going to continue the use of the crypto gambling casino due to KYC still having an option.

In the world of gambling, there are many different reasons why a player cannot reveal his identity under any circumstances. 
For example, such a player is afraid that his employer will find out about his passion for gambling.  And this can threaten with dismissal and in general the loss of work and difficulties with new employment.  Sometimes, when the casino requires a KYC check in case of a win, such players are even forced to lose all that money from winning because they cannot reveal their identity.  Even despite the assurances of the casino that the data is securely hidden and strictly confidential.  By the way, no one believes this anymore, because information has an inherent property of losing confidentiality over time as a result of hacks, criminal sales and theft.  This is practically the law of dissemination of information on the Internet.  So really, once you pass the KYC check, you will never be sure that all the casinos in the gambling industry know that you can potentially become their client as well.  But of course this does not happen all at once, but over time.  And then you start getting ads from different casinos.  And this is no coincidence.  You have already been tagged online as a potential plsyer. 
I think that now something like this is the case with the voluntary provision of their personal data to some kind of casino or even to some kind of site.

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THE ULTIMATE
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