is KYC data on Gambling sites safe?

[piebeyb]

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 I've never withdrawn much money.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.

Even playing on a KYC-free site is also not necessarily safe, it's enough to play in a trusted and big casino, at least you get comfort and security, even though they have to ask us to complete KYC, for me personally it's a common thing and almost all official casinos have regulations about KYC , so we don't need to avoid that because KYC is also to ensure that there is no money laundering or other criminal acts that harm the casino either.

I think when we give KYC it means we have to trust a good casino and vice versa if we complete KYC of course the casino will also feel safe that there are no money laundering transactions made by users. if you want everything to be safe and comfortable, don't fight the casino rules, but if you want freedom, you don't necessarily feel safe and comfortable.

[Blitzboy]

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

The casino data breach problem is a major concern, like a latent minefield with unknown triggers. Indeed, KYC is a necessity for casinos, but a more efficient approach is required. Think about this, could a decentralized method ensure secure data storage inaccessible without our permission? Perhaps a blockchain-based system? We're in a technological renaissance, arent we?

As for KYC, it's a pain in the ass. It's compulsory due to system norms but resembles a high-stakes data gamble. We aspire to discover a superior strategy soon, dont we?

[3kpk3]

it's logical since no one would really try playing on a casino that request a KYC up front. 

This isn't accurate since many gamblers play at popular sites like Roobet, Stake etc who mandatorily enforce KYC since they trust those sites completely. Some gamblers provide fake KYC in these sites which is a risky approach.

Mandatory KYC(Any Level) sucks regardless of how popular the site is in my honest opinion.

[klidex]

it's logical since no one would really try playing on a casino that request a KYC up front. 

This isn't accurate since many gamblers play at popular sites like Roobet, Stake etc who mandatorily enforce KYC since they trust those sites completely. Some gamblers provide fake KYC in these sites which is a risky approach.

Mandatory KYC(Any Level) sucks regardless of how popular the site is in my honest opinion.

I agree with you. From some of the popular casino sites you said you really have to do KYC earlier to be able to continue deposits and withdrawals.
So there is no other choice but to keep doing KYC on this popular site and I'm sure longtime gamblers already know this.

[Fortify]

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?

I can understand why some people do not like to share KYC type documentation, because it's almost impossible these days to find a gambling type site that will not ask for it. Simply because any trustworthy site will most likely be based in a jurisdiction that has financial reporting laws and the owners have a responsibility to make sure that information is gathered. There are plenty of reasons that people may not want to submit to KYC, but it might make these gambling sites off limits to them, simply because criminals are able to use these sort of sites as a money laundering strategy to wash the source of their funds, at least depending on how the site is setup - if it uses individual wallets then in theory the money is still potentially traceable, but if it mixes in a central wallet it is not.

[Woodie]

Nomatter how you look at this, user data has never been handled securely as third parties always have access to it and the fact that this can be sold for the right price should tell you the level of misuse thats out there... And sadly our crypto sportsbooks and casino's have gone this route when we all thought the coming of crypto anonymous gambling  was about to be come a reality but unfortunately  didn't happen. 

Btw if  we ask the question of why we have KYC, some of the reasons why KYC is still being used in this day and age ranges from anti money laundering requirements as regulators require , a way to stop bonus abuse and sometimes used by bad companies  to deny payouts...

Will KYC be a thing of the past any time soon, I highly  doubt  it.

[erep]

snip
at least depending on how the site is setup - if it uses individual wallets then in theory the money is still potentially traceable, but if it mixes in a central wallet it is not.

The gambling site has recorded traces of deposits and withdrawals with the status of your gambling account having verified real identity due to mandatory KYC requirements, so it doesn't matter whether the deposit system is an individual wallet method or a central wallet, but all your activities in gambling cannot be guaranteed to be anonymous if the gambling site requires KYC . The pros and cons about KYC are still being considered on gambling sites and maybe the advice of some members is to prioritize gambling on popular sites because we have no choice but to gamble on recommended decentralized gambling sites. You must understand the terms and conditions of the gambling site carefully before you decide to join the gambling site of your choice.

[LUCKMCFLY]

I agree with you. If it's a security issue, I think enabling 2FA is safe enough

Yes available and ready to be used without any risk, and this security feature can protect your account up to 80%+ and it doesn't require users much info to set it up.

Unlike KYC where the player gives the documents and other personal details that are verified and kept in the casino database or other third-party data hosting sites which is prone to the risk of a hack or government access to those documents.

It is that there will always be a doubt, besides that leaving our data is already something very delicate, and if the casino or platform leaves that data in a third-party database it is much more delicate and difficult to trust, for that reason the policies KYC of many casinos will always be quite strong when it comes to peddlers and thanks to those kyc policies some players have left, they prefer to go to platforms that are decentralized and play there, so they don't get charged for every move, but the important thing for many is privacy and anonymity.

[suzanne5223]

Nomatter how you look at this, user data has never been handled securely as third parties always have access to it and the fact that this can be sold for the right price should tell you the level of misuse thats out there... And sadly our crypto sportsbooks and casino's have gone this route when we all thought the coming of crypto anonymous gambling  was about to be come a reality but unfortunately  didn't happen. 

Btw if  we ask the question of why we have KYC, some of the reasons why KYC is still being used in this day and age ranges from anti money laundering requirements as regulators require , a way to stop bonus abuse and sometimes used by bad companies  to deny payouts...

Will KYC be a thing of the past any time soon, I highly  doubt  it.

Yes, private data can never be 100% secure by the third party and I believe its because nothing is ever safe on the internet but ever since the abusive use of the gambling site started by some cryptocurrency gamblers which lead to the attention of some gambling Master License holder, game provider, and government introducing the KYC into the gambling space KYC is here to stay.
KYC is only introduced to stop abusive and underage gamblers but there's no way we won't see some casinos that will also abuse the KYC implementation.

[SirLancelot]

it's logical since no one would really try playing on a casino that request a KYC up front. 

This isn't accurate since many gamblers play at popular sites like Roobet, Stake etc who mandatorily enforce KYC since they trust those sites completely. Some gamblers provide fake KYC in these sites which is a risky approach.

Mandatory KYC(Any Level) sucks regardless of how popular the site is in my honest opinion.

I don't think that casinos or any platform ask their players or customers to complete KYC verification because they like to do it, but they do it because it is enforced by the regulatory bodies that issue licenses to these platforms, so they are basically compelled to make it mandatory for customers to complete KYC verification before they can access all the features of the platform including withdrawals which is the most important thing in my opinion.

So we shouldn't really blame the platforms for imposing KYC and making it mandatory, we know that a lot of gamblers leave a certain platform only because it requires KYC and I don't think any business would like that but they are compelled to comply with the AML rules.

[Shamm]

it's logical since no one would really try playing on a casino that request a KYC up front. 

This isn't accurate since many gamblers play at popular sites like Roobet, Stake etc who mandatorily enforce KYC since they trust those sites completely. Some gamblers provide fake KYC in these sites which is a risky approach.

Mandatory KYC(Any Level) sucks regardless of how popular the site is in my honest opinion.

I don't think that casinos or any platform ask their players or customers to complete KYC verification because they like to do it, but they do it because it is enforced by the regulatory bodies that issue licenses to these platforms, so they are basically compelled to make it mandatory for customers to complete KYC verification before they can access all the features of the platform including withdrawals which is the most important thing in my opinion.

So we shouldn't really blame the platforms for imposing KYC and making it mandatory, we know that a lot of gamblers leave a certain platform only because it requires KYC and I don't think any business would like that but they are compelled to comply with the AML rules.

Also gamblers choose those trusted casino like what you said above it because they need to have the assurance cause KYC is very informative cause they will ask some of our private information which pretty good if we choose a trusted one in order to avoid such mistakes and spread our identity in the wrong and scammer casino. For me as long as the casino is trusted enough then there's no doubt that I will give some of my Private information.

[delfastTions]

Also gamblers choose those trusted casino like what you said above it because they need to have the assurance cause KYC is very informative cause they will ask some of our private information which pretty good if we choose a trusted one in order to avoid such mistakes and spread our identity in the wrong and scammer casino. For me as long as the casino is trusted enough then there's no doubt that I will give some of my Private information.

And I think KYC is extremely harmful and already very outdated and generally completely unnecessary procedure. 

The fact is that the digital footprint of any Internet user is already so large and informative that you just need to go to some serious promoted service with connected personality recognition programs, using AI, or simply with a well-built Big Data analysis, and on the receiving side  already reliably with a probability of 99.9% know who you are.  The question is - why do you need to once again give your data to someone else and replenish information in the global databases of personal data.  It's just a waste of your time.  Therefore, all these KYCs should already start to die and remain in 2010-2020.  And now no one really needs them, and even harmful because they take up your precious time.

[danadc]

Also gamblers choose those trusted casino like what you said above it because they need to have the assurance cause KYC is very informative cause they will ask some of our private information which pretty good if we choose a trusted one in order to avoid such mistakes and spread our identity in the wrong and scammer casino. For me as long as the casino is trusted enough then there's no doubt that I will give some of my Private information.

And I think KYC is extremely harmful and already very outdated and generally completely unnecessary procedure. 

The fact is that the digital footprint of any Internet user is already so large and informative that you just need to go to some serious promoted service with connected personality recognition programs, using AI, or simply with a well-built Big Data analysis, and on the receiving side  already reliably with a probability of 99.9% know who you are.  The question is - why do you need to once again give your data to someone else and replenish information in the global databases of personal data.  It's just a waste of your time.  Therefore, all these KYCs should already start to die and remain in 2010-2020.  And now no one really needs them, and even harmful because they take up your precious time.

I have never been in agreement with the kyc , there are many incidents with the people who do it , and sometimes they are robbed in their own house thanks to the fact that their data was leaked, and thus they have managed to carry out large thefts in bitcoin, in this aspect the things when they try to do kyc the players are more jealous, they don't like it, they disagree, I have done KYC in the preferred casino, only in duelbits because otherwise I have not done kyc in n'pasm but for that reason It's that I always use the casino, so when they ask me for a kyc I don't play Again it makes me angry because sometimes I make a deposit and win , sometimes it is invetiblte to comply with a kyc to be able to Withdraw Money.

[Bushdark]

Also gamblers choose those trusted casino like what you said above it because they need to have the assurance cause KYC is very informative cause they will ask some of our private information which pretty good if we choose a trusted one in order to avoid such mistakes and spread our identity in the wrong and scammer casino. For me as long as the casino is trusted enough then there's no doubt that I will give some of my Private information.

And I think KYC is extremely harmful and already very outdated and generally completely unnecessary procedure.  

The fact is that the digital footprint of any Internet user is already so large and informative that you just need to go to some serious promoted service with connected personality recognition programs, using AI, or simply with a well-built Big Data analysis, and on the receiving side  already reliably with a probability of 99.9% know who you are.  The question is - why do you need to once again give your data to someone else and replenish information in the global databases of personal data.  It's just a waste of your time.  Therefore, all these KYCs should already start to die and remain in 2010-2020.  And now no one really needs them, and even harmful because they take up your precious time.

I have never been in agreement with the kyc , there are many incidents with the people who do it , and sometimes they are robbed in their own house thanks to the fact that their data was leaked, and thus they have managed to carry out large thefts in bitcoin, in this aspect the things when they try to do kyc the players are more jealous, they don't like it, they disagree, I have done KYC in the preferred casino, only in duelbits because otherwise I have not done kyc in n'pasm but for that reason It's that I always use the casino, so when they ask me for a kyc I don't play Again it makes me angry because sometimes I make a deposit and win , sometimes it is invetiblte to comply with a kyc to be able to Withdraw Money.

There are still people that like betting on a KYC casinos and they have no problem with that because they feel they are safe with the type of games they play in the casino. It is very important for us to ask questions so that we can know if what we are doing is right or wrong. Gamblers that think they are okay with the way they bet and the reward they get might think that is the highest level one can reach. We see others results, that can convince us to improve on the way we gamble to earn more from the efforts we put in gambling.

[Fredomago]

it's logical since no one would really try playing on a casino that request a KYC up front. 

This isn't accurate since many gamblers play at popular sites like Roobet, Stake etc who mandatorily enforce KYC since they trust those sites completely. Some gamblers provide fake KYC in these sites which is a risky approach.

Mandatory KYC(Any Level) sucks regardless of how popular the site is in my honest opinion.

I don't think that casinos or any platform ask their players or customers to complete KYC verification because they like to do it, but they do it because it is enforced by the regulatory bodies that issue licenses to these platforms, so they are basically compelled to make it mandatory for customers to complete KYC verification before they can access all the features of the platform including withdrawals which is the most important thing in my opinion.

So we shouldn't really blame the platforms for imposing KYC and making it mandatory, we know that a lot of gamblers leave a certain platform only because it requires KYC and I don't think any business would like that but they are compelled to comply with the AML rules.

Also gamblers choose those trusted casino like what you said above it because they need to have the assurance cause KYC is very informative cause they will ask some of our private information which pretty good if we choose a trusted one in order to avoid such mistakes and spread our identity in the wrong and scammer casino. For me as long as the casino is trusted enough then there's no doubt that I will give some of my Private information.

More on how you trust the site and nothing else, if you feel that casino already have established business and you are okay in providing KYC, meaning to say that you are willing to give your personal data, do your diligence to investigate and not just because you play and you experienced something or you heard that the site is quite good then you will give your personal information. Make sure that you are really done investigating and you are aware of the consequence after you submit your data.

[khaled0111]

..

Some reputable casinos use third party verifiers. Your documents will be sent to those verifiers and will remain encrypted on their servers. Those verifiers are licensed companies and according to the laws they will delete all your data if you request so.
What's funny is that a random casino asked a customer to provide his documents through live chat! How reliable is this? Such casinos should never be trusted.

[3kpk3]

I don't think that casinos or any platform ask their players or customers to complete KYC verification because they like to do it, but they do it because it is enforced by the regulatory bodies that issue licenses to these platforms, so they are basically compelled to make it mandatory for customers to complete KYC verification before they can access all the features of the platform including withdrawals which is the most important thing in my opinion.

So we shouldn't really blame the platforms for imposing KYC and making it mandatory, we know that a lot of gamblers leave a certain platform only because it requires KYC and I don't think any business would like that but they are compelled to comply with the AML rules.

I disagree. If this were truly the case, why aren't all crypto casinos enforcing mandatory KYC? I play at sites like Crypto.Games, Bitcasino, Sportsbet etc where they don't enforce mandatory KYC.

Crypto gambling sites are forced by regulators to enforce KYC for sure, but they don't need to make it mandatory under certain conditions.

[wxa7115]

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.

It is not really that complicated, this market in general gave a greater degree of privacy to the people that adopted it years ago, so they got used to it very quickly, and now we are seeing those freedoms we had are disappearing before our eyes and people are not taking this lightly.

But as you said this is already becoming the norm and during the next years it is bound to get even worse, so people will need to take a decision, to stop gambling completely or simply accept this new reality and move on.

[mak013]

..

Some reputable casinos use third party verifiers. Your documents will be sent to those verifiers and will remain encrypted on their servers. Those verifiers are licensed companies and according to the laws they will delete all your data if you request so.
What's funny is that a random casino asked a customer to provide his documents through live chat! How reliable is this? Such casinos should never be trusted.

It would be nice for one-time KYC. The gambler send data to the verifier, casino asks this verifier to KYC the gambler, after it the gambler asks verifier to delete data. But in this situation casino mustn`t KYC again and must has some mark that this gambler don`t need KYC one more time. Well-known casinos willn`t have any problems with it i think. The same time fake casinos willn`t agree such kind of KYC i think.

[SamReomo]

it's logical since no one would really try playing on a casino that request a KYC up front. 

This isn't accurate since many gamblers play at popular sites like Roobet, Stake etc who mandatorily enforce KYC since they trust those sites completely. Some gamblers provide fake KYC in these sites which is a risky approach.

Mandatory KYC(Any Level) sucks regardless of how popular the site is in my honest opinion.

I don't think that casinos or any platform ask their players or customers to complete KYC verification because they like to do it, but they do it because it is enforced by the regulatory bodies that issue licenses to these platforms, so they are basically compelled to make it mandatory for customers to complete KYC verification before they can access all the features of the platform including withdrawals which is the most important thing in my opinion.

So we shouldn't really blame the platforms for imposing KYC and making it mandatory, we know that a lot of gamblers leave a certain platform only because it requires KYC and I don't think any business would like that but they are compelled to comply with the AML rules.

Also gamblers choose those trusted casino like what you said above it because they need to have the assurance cause KYC is very informative cause they will ask some of our private information which pretty good if we choose a trusted one in order to avoid such mistakes and spread our identity in the wrong and scammer casino. For me as long as the casino is trusted enough then there's no doubt that I will give some of my Private information.

More on how you trust the site and nothing else, if you feel that casino already have established business and you are okay in providing KYC, meaning to say that you are willing to give your personal data, do your diligence to investigate and not just because you play and you experienced something or you heard that the site is quite good then you will give your personal information. Make sure that you are really done investigating and you are aware of the consequence after you submit your data.

That's true but these days gamblers don't care about anything and even if the site leaks their data they don't care about it. They are intentionally doing KYC on those sites because most people think that KYC is a necessity on the sites where you can earn money. The same case is with the users who have their accounts on crypto-sites, they are also doing their KYC because it has been feeded in their mind that KYC is necessary to get your money and earnings into your bank accounts. Even those sites that have been in industry for more than 2 years or more can sometimes misuse the KYC data. I have heard that KYC data is getting sold for solid rates on black markets, and if that's true then doing KYC on any website is unsafe, and if a user does that then they are willing accepting the fact that their data can be leaked or hacked and will be shared with many people.