is KYC data on Gambling sites safe?

[ethereumhunter]

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.

We don't know what the casino will do with the KYC documents provided by its customers. But if it's a trusted casino, I think the casino will take care of it and have no intention of selling it or giving it to other parties. In this case, the trust that their customers have given is really maintained by the casino because they don't want to disappoint their customers.

As long as we do KYC at a trusted casino site, I think it's safe because the casino will do everything to ensure the customer's data is safe. With the government's intervention, it seems that all businesses will be asked to do KYC so that we, customers, cannot do anything. But we can still choose where we want to play gambling because playing gambling is not because of coercion from other people.

[Porfirii]

Stay away from KYC when you can. Your information can be hacked, sold or shared. If you get red flagged at one casino, they may share it with other casinos. If it's shared with just one casino, your chances increase of a sell or hack with bad intentions.

The problem here is that many jurisdictions are imposing mandatory KYCs to avoid money laundering and financing of terrorism, which is reasonable when there are indications of crime, of course. But I don't fully agree with the KYC everywhere trend that makes everyone suspicious first of all until proven innocent for the reason that we have commented: every time we submit personal information to others we multiply the chances of leaks and misuse.

In the past I heard about crypto projects that aimed to create a solution for this problem, so you could identify yourself without the need to give all your data every time but, to my knowledge, none have worked.

[mak013]

Stay away from KYC when you can. Your information can be hacked, sold or shared. If you get red flagged at one casino, they may share it with other casinos. If it's shared with just one casino, your chances increase of a sell or hack with bad intentions.

The problem here is that many jurisdictions are imposing mandatory KYCs to avoid money laundering and financing of terrorism, which is reasonable when there are indications of crime, of course. But I don't fully agree with the KYC everywhere trend that makes everyone suspicious first of all until proven innocent for the reason that we have commented: every time we submit personal information to others we multiply the chances of leaks and misuse.

The casino has a choice to deploy KYC and has no problem with the law, or be registered somewhere like Trinidad and Tobago, what will decrease their popularity.

In the past I heard about crypto projects that aimed to create a solution for this problem, so you could identify yourself without the need to give all your data every time but, to my knowledge, none have worked.

I think that it is impossible - if you want to identify yourself, you have to show some data that allows identify you. The only way i can imagine is to show your data during the registration and the casino will delete it after registration. But anyway you have to share you data.

[Asuspawer09]

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.

We don't know what the casino will do with the KYC documents provided by its customers. But if it's a trusted casino, I think the casino will take care of it and have no intention of selling it or giving it to other parties. In this case, the trust that their customers have given is really maintained by the casino because they don't want to disappoint their customers.

As long as we do KYC at a trusted casino site, I think it's safe because the casino will do everything to ensure the customer's data is safe. With the government's intervention, it seems that all businesses will be asked to do KYC so that we, customers, cannot do anything. But we can still choose where we want to play gambling because playing gambling is not because of coercion from other people.

I mean there is always a possibility right they might be a trusted gambling website but it might change in the long run, so probably it would just depend on your choice if you're going to give up your personal information so just you could play and gamble on that website. Some gambling websites might go down at any moment and when that happened we don't know what is going to happen to our data.

It's probably going to be difficult to check this website since they are operating through the internet so it might be based on the different country that you are in, and that is going to be a problem since you're not going to get any updates they could easily take our data and sell it and we have no idea about it. In my opinion, this KYC is a red flag, so I don't really recommend people or gamblers doing KYC just to gamble or play on a gambling website I mean there are a lot of trusted gambling websites that doesnt required KYC, I mean if you think about it KYC doesnt really matter as long as you have your deposit, if something bad happened that problem is on their system getting breach or hack.

[3kpk3]

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.

True, but it's very difficult for crypto gambling sites to offer complete anonymity due to regulators breathing down their necks all the time which is why they enforce KYC which is understandable upto a certain extent.

Crypto gambling sites should only ask for KYC for big amounts and if they legitimately suspect the customer without mandatorily enforcing it.

[Doan9269]

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.

True, but it's very difficult for crypto gambling sites to offer complete anonymity due to regulators breathing down their necks all the time which is why they enforce KYC which is understandable upto a certain extent.

Crypto gambling sites should only ask for KYC for big amounts and if they legitimately suspect the customer without mandatorily enforcing it.

They do offer but just say that not all that offers it, you have to narrow your search on this to be able to locate one of such, what i will put i addition here is to always be mindful of the kind of information we provide to many of these online casinos on request, there are levels or extent to which we need to exercise caution and pause to check in the situation if it really warrant giving out such informations on gambling platforms.

[abel1337]

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.

True, but it's very difficult for crypto gambling sites to offer complete anonymity due to regulators breathing down their necks all the time which is why they enforce KYC which is understandable upto a certain extent.

Crypto gambling sites should only ask for KYC for big amounts and if they legitimately suspect the customer without mandatorily enforcing it.

Yep, as far as I know to our situation, Big casino only collects KYC gamblers who withdraw big amounts or multiplied their capital that triggered stake and those who are flagged on suspicious activities ofcourse. This doesn't change that fact that they still collect KYC from their customer but at least they don't collect to all especially for those who just want to try playing on their casino. it's logical since no one would really try playing on a casino that request a KYC up front. 

[RewFrew]

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?

Actually i think it has some risk. Because Some gambling site are not enough careful about our information. But some companies are careful. Overall we have nothing to do about it because some companies tarms and conditions are KYC. It has some positive side and has some negative side. On the other hand for Bitcoin transaction has no mandatory KYC because It's transaction held Through Blockchain. But gambling site needs KYC to avoid scam. So i Think gambling company did it for safe from scammer.

[Plaguedeath]

Actually i think it has some risk. Because Some gambling site are not enough careful about our information. But some companies are careful. Overall we have nothing to do about it because some companies tarms and conditions are KYC. It has some positive side and has some negative side. On the other hand for Bitcoin transaction has no mandatory KYC because It's transaction held Through Blockchain. But gambling site needs KYC to avoid scam. So i Think gambling company did it for safe from scammer.

Do you mean all centralized sites that aren't gambling are safe? there's no difference if the site is gambling, exchange, robot trading etc, all of them carry a same risk. This is not about Bitcoin, off topic if you discuss about Bitcoin transaction. You can gamble with fiat or online money on an online casino.

KYC can be used to avoid scam, avoid abusers, complying the regulation etc.

[danadc]

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.

True, but it's very difficult for crypto gambling sites to offer complete anonymity due to regulators breathing down their necks all the time which is why they enforce KYC which is understandable upto a certain extent.

Crypto gambling sites should only ask for KYC for big amounts and if they legitimately suspect the customer without mandatorily enforcing it.

They do offer but just say that not all that offers it, you have to narrow your search on this to be able to locate one of such, what i will put i addition here is to always be mindful of the kind of information we provide to many of these online casinos on request, there are levels or extent to which we need to exercise caution and pause to check in the situation if it really warrant giving out such informations on gambling platforms.

We should never trust that a platform cannot provide absolute security. because they can offer it, there is nothing that takes away from them, but honestly when a casino, exchange or a site is hacked, there is not so much guilt, and if they have the documents stored in a part of the server in full view of all, then nothing to do, documents, data and everything can be leaked, I never trust systems, not even banking systems that claim to have the best security, everything is vulnerable, there is always a way to get in and do something to get to your information , the only way is to have it saved on a server that is not online.

[Rabata]

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.

True, but it's very difficult for crypto gambling sites to offer complete anonymity due to regulators breathing down their necks all the time which is why they enforce KYC which is understandable upto a certain extent.

Crypto gambling sites should only ask for KYC for big amounts and if they legitimately suspect the customer without mandatorily enforcing it.

They do offer but just say that not all that offers it, you have to narrow your search on this to be able to locate one of such, what i will put i addition here is to always be mindful of the kind of information we provide to many of these online casinos on request, there are levels or extent to which we need to exercise caution and pause to check in the situation if it really warrant giving out such informations on gambling platforms.

We should never trust that a platform cannot provide absolute security. because they can offer it, there is nothing that takes away from them, but honestly when a casino, exchange or a site is hacked, there is not so much guilt, and if they have the documents stored in a part of the server in full view of all, then nothing to do, documents, data and everything can be leaked, I never trust systems, not even banking systems that claim to have the best security, everything is vulnerable, there is always a way to get in and do something to get to your information , the only way is to have it saved on a server that is not online.

We often get such complaints in many casinos ‍and we have already seen some good casinos fall victim to hacker attacks. If KYC information is stored online then the chances of it being stolen are high. KYC is a mandatory requirement in all casinos that are operated following government regulations. Online Gambling KYC is mandated to prevent indulging in various types of financial crimes including fraud. It may vary slightly according to the general rules of different countries but the purpose remains the same.

[Bushdark]

Actually i think it has some risk. Because Some gambling site are not enough careful about our information. But some companies are careful. Overall we have nothing to do about it because some companies tarms and conditions are KYC. It has some positive side and has some negative side. On the other hand for Bitcoin transaction has no mandatory KYC because It's transaction held Through Blockchain. But gambling site needs KYC to avoid scam. So i Think gambling company did it for safe from scammer.

Do you mean all centralized sites that aren't gambling are safe? there's no difference if the site is gambling, exchange, robot trading etc, all of them carry a same risk. This is not about Bitcoin, off topic if you discuss about Bitcoin transaction. You can gamble with fiat or online money on an online casino.

KYC can be used to avoid scam, avoid abusers, complying the regulation etc.

Since the emergence of cryptocurrency I have seen no need for any KYC since we can always send our money using crypto without any problem. It only need crypto wallet to make transactions without any problems. I don't like going for KYC on any side because they caloukd breach our privacy and use our information to access our profile.

So many of these casinos are claiming to be decentralized and we are still surprised seeing them asking for KYC from there customers. If you can not provide KYC and you have money on the casino, you may not have access to your fund forcing you to go for KYC for the sake of the fund. We should not allow any casino to force us to do KYC when there are many options for us to make bets.

[Hamphser]

Actually i think it has some risk. Because Some gambling site are not enough careful about our information. But some companies are careful. Overall we have nothing to do about it because some companies tarms and conditions are KYC. It has some positive side and has some negative side. On the other hand for Bitcoin transaction has no mandatory KYC because It's transaction held Through Blockchain. But gambling site needs KYC to avoid scam. So i Think gambling company did it for safe from scammer.

Do you mean all centralized sites that aren't gambling are safe? there's no difference if the site is gambling, exchange, robot trading etc, all of them carry a same risk. This is not about Bitcoin, off topic if you discuss about Bitcoin transaction. You can gamble with fiat or online money on an online casino.

KYC can be used to avoid scam, avoid abusers, complying the regulation etc.

Since the emergence of cryptocurrency I have seen no need for any KYC since we can always send our money using crypto without any problem. It only need crypto wallet to make transactions without any problems. I don't like going for KYC on any side because they caloukd breach our privacy and use our information to access our profile.

So many of these casinos are claiming to be decentralized and we are still surprised seeing them asking for KYC from there customers. If you can not provide KYC and you have money on the casino, you may not have access to your fund forcing you to go for KYC for the sake of the fund. We should not allow any casino to force us to do KYC when there are many options for us to make bets.

The only decentralized things are to those sites which are involving blockchain based games but if we do speak about those typical games like slots which does have those providers and other things then expect that

these platforms are indeed regulated or something that could really be that controlled out since these are centralized platforms in the first place. People do prefer on dealing up with places which does have license on which means that regulation would really be attached to it, which simply means on the time that they are really that having the license then expect that they would really be that getting in line with government rules and mainly when it comes to money related business or big revenue then expect that money laundering reasoning would really be attached specially into these platforms.
Somewhat, despite on being centralized, we do still have lots of options or platforms who doesnt ask out still with your information while you do play but dont really make yourself
get shocked on the time that they would be asking in the future or specially on the time that you do win big.

[Renampun]

<...>

...

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.

KYC data can never be secure because there is always the possibility that the gambling site where we play (even the big ones) will experience a data leak due to internal and external factors that occur. After all, the choice is ours (whether to continue gambling activities at gambling sites that require KYC or switch to gambling sites that do not require users to do KYC)

including KYC on gambling sites must be with the consent and self-awareness of the user, don't be unable to withdraw money just because of inaccuracy from the start.

[Fatunad]

<...>

...

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.

KYC data can never be secure because there is always the possibility that the gambling site where we play (even the big ones) will experience a data leak due to internal and external factors that occur. After all, the choice is ours (whether to continue gambling activities at gambling sites that require KYC or switch to gambling sites that do not require users to do KYC)

including KYC on gambling sites must be with the consent and self-awareness of the user, don't be unable to withdraw money just because of inaccuracy from the start.

There's no such thing about safe because once you do pass up those information whether on a gambling site or not, those are already prone to leakage or mishandling of those information's thats why you should make yourself that get used to possible risks. Come to in mind that we've been sending out details and information on our typical daily lives and whatever transactions we are into on which there's no such thing about privacy but here on this online world then it would be not shocking on why people are really that to keen on sharing up their information and this is where cryptocurrency do make that popularity because
of anonymity and decentralization which we do really often mind or prefer the most.

[Webetcoins]

Stay away from KYC when you can. Your information can be hacked, sold or shared. If you get red flagged at one casino, they may share it with other casinos. If it's shared with just one casino, your chances increase of a sell or hack with bad intentions.

The problem here is that many jurisdictions are imposing mandatory KYCs to avoid money laundering and financing of terrorism, which is reasonable when there are indications of crime, of course. But I don't fully agree with the KYC everywhere trend that makes everyone suspicious first of all until proven innocent for the reason that we have commented: every time we submit personal information to others we multiply the chances of leaks and misuse.

In the past I heard about crypto projects that aimed to create a solution for this problem, so you could identify yourself without the need to give all your data every time but, to my knowledge, none have worked.

Such a thing will barely work, and if it works, the authorities won't accept it because they want to have everyone's data available to them so that if someone does something illegal or if they suspect them, they can have them available since they have their data, that is how they control the money laundering and other illegal activities that might happen in a casino.

I don't see any problem in doing KYC with a trusted platform because you will know that they won't misuse your data by purpose if something goes wrong like there is a security breach or a hack in the database, but that is a totally different thing and no one can really stop that from happening if it's destined to happen.

[ethereumhunter]

I mean there is always a possibility right they might be a trusted gambling website but it might change in the long run, so probably it would just depend on your choice if you're going to give up your personal information so just you could play and gamble on that website. Some gambling websites might go down at any moment and when that happened we don't know what is going to happen to our data.

It's probably going to be difficult to check this website since they are operating through the internet so it might be based on the different country that you are in, and that is going to be a problem since you're not going to get any updates they could easily take our data and sell it and we have no idea about it. In my opinion, this KYC is a red flag, so I don't really recommend people or gamblers doing KYC just to gamble or play on a gambling website I mean there are a lot of trusted gambling websites that doesnt required KYC, I mean if you think about it KYC doesnt really matter as long as you have your deposit, if something bad happened that problem is on their system getting breach or hack.

Everything can change, even for trusted casinos. But before that happens, we can find any unusual signs the casino will be showing so we can get ready to leave the casino site and look for another one. And if we have already done KYC at the casino, we can't do anything because the documents we sent are already in their hands. Hopefully, nothing will happen to the documents we have sent to them.

KYC is considered a red flag for many people, especially those in the crypto world. But we can't do anything about it because if we want to use a service, be it gambling or exchange or else, the service provider may ask us to do KYC. So we must be careful when using any site and always check it before doing anything.

[kotajikikox]

Never that II have an issue about KYC in every site that I visit and even play (because the one that I advertised is also a KYC friendly site) so for there I think it is normal for gambling site to ask and also to provide ,
but what I see a problem if we engaged in wrong site meaning those who are a BS scammer or those new site that have not proved anything then try to avoid those site .
but as long as you are playing in those popular sites such as named in many signature banner that we are wearing then I believe that there is no problem about.
we have heard and read many times that there are company and scammers and fake sites that expose or sells our details to 3rd party users that
comes to abusing in the future.
me myself is once turns as an email abused because of those kyc asking site that turns being liar to our details.

[Strongkored]

I don't see any problem in doing KYC with a trusted platform because you will know that they won't misuse your data by purpose if something goes wrong like there is a security breach or a hack in the database, but that is a totally different thing and no one can really stop that from happening if it's destined to happen.

Of course, a trusted casino will not harm its reputation by leaking the data of its users, but as far as I know, many casinos use third parties in the KYC process, so if there is a leak, the third party is the issue, it's just that players will still think of the casino as a responsible party because they gave the data to the casino.
I mean when we don't mind doing KYC, we also have to be prepared for data leaks because almost nothing in the online world is safe from leaks, which is why there are so many warnings about the dangers of KYC, especially when it comes to personal data that is quite confidential. It's just that for now, it's almost impossible to find a gambling site that doesn't include KYC as a rule, although it is not said to be mandatory but at certain phases it becomes mandatory and players have to do it

[btc78]

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?

if you don't want to go KYC verification then dont gamble in those casino that asks this .

there are still casinos out there that free from KYC .

and still , I want to know the complete details why people hate bringing kyc in online gambling when that is the reality , maybe not now but sooner it will be implemented for all.