is KYC data on Gambling sites safe?

[Fredomago]

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. 

You said it right, after knowing that there's a chance that your data can breach and might be sold out into black market and you are still willing to complete and submit it, only proves that you are confirming and you are accepting what the casino is requiring you, whatever happened in that information you can't blame anyone.

As it's a part of the user and agreement where you accept that there's nothing you can do whatever happened to your data, you submit it with that will have accepting and acknowledging that said rule.

[noormcs5]

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. 

You said it right, after knowing that there's a chance that your data can breach and might be sold out into black market and you are still willing to complete and submit it, only proves that you are confirming and you are accepting what the casino is requiring you, whatever happened in that information you can't blame anyone.

As it's a part of the user and agreement where you accept that there's nothing you can do whatever happened to your data, you submit it with that will have accepting and acknowledging that said rule.

If you do not submit the kyc data then how will you make an account on gambling site and gamble with your money ? Even if you are lucky to deposit and gamble without the KYC still on the withdrawal they will ask you for your KYC and if you do not complete the KYC data you will not be able to withdraw the amount.

The only precautions you can take is to store / submit the KYC on trusted sites so there are less chances of your data being used illegally or unlawfully. Other than this we have no option but to submit the KYC

[SirLancelot]

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.

Some casinos that are new don't do things in a proper way, what you said is an example of that. The support team asking customers to provide KYC documents through live chat is obviously one of the least expected things in a casino or any kind of platform. It shows how nonauthentic and untrustworthy a platform actually is and they can definitely not keep your data and information safe if you complete your KYC verification with them.

Third-party verifiers might be trusted sometimes, but some of them might not have the reputation required for people to have complete trust in them. That's why it feels much better if a platform is doing the verification and stuff themselves instead of using a third-party verifier.

[Fivestar4everMVP]

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.

Some casinos that are new don't do things in a proper way, what you said is an example of that. The support team asking customers to provide KYC documents through live chat is obviously one of the least expected things in a casino or any kind of platform. It shows how nonauthentic and untrustworthy a platform actually is and they can definitely not keep your data and information safe if you complete your KYC verification with them.

Third-party verifiers might be trusted sometimes, but some of them might not have the reputation required for people to have complete trust in them. That's why it feels much better if a platform is doing the verification and stuff themselves instead of using a third-party verifier.

Well, I think I would have to differ a bit from your opinion, personally, as a user, it is hard to tell whether the casino themselves have the facility to keep your data safe, and it is also hard to believe same for the third party verifiers, both can be vulnerable to hack and both can be safe, but then, Ive always believed that one of the reasons why casino employ the services of a third party to handle their customer verification is because they themselves might be too busy wit other stuff, and might not have the facility required to properly keep customers data safe.

And knowing that the third party's main focus is on verifying users and making sure that the data is kept safe, it's believed that they are more likely to protect users data than the casino themselves.
Personally, I think that if the casino had the required facility to effectively carry out users verification and keep the data safe, they wouldn't have gone outside to pay third party verifiers for the service.

[Doan9269]

Using a KYC gambling casino isn't safe for privacy reasons but they will never inform you about this because they wouldn't want you to get scared and loose trust in them and run away, all this have to do with centralized institutions that will always require from us, KYC is not what the casinos also needed to track us by all means through it but whenever the need for doing such occurs either from them, their employees or government, we remain vulnerable to all valuable informations given because they will always be subjected to low safety on demand.

[ThemePen]

In my point of view this is really risky. These are gambling websites which you are talking about, even I don't use the online exchanges which requires KYC to withdraw funds. Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.

[ethereumhunter]

In my point of view this is really risky. These are gambling websites which you are talking about, even I don't use the online exchanges which requires KYC to withdraw funds. Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.

That's what we want but we also can only accept if one day, online exchanges or even casinos require us to do KYC before we can withdraw funds. Online casinos and exchanges only follow the regulatory requirements given by the regulators and don't want to violate them, so they also implement KYC on their members.

And the only way we can do that is to find casinos or online exchanges that still allow users not to do KYC or at least not do KYC at all. It all depends on which one can make us comfortable choosing, whether it is an online crypto casino or an online exchange. And people do KYC on online casinos and exchanges because they trust that the casinos and online exchanges can keep the paperwork properly.

[bangjoe]

Using a KYC gambling casino isn't safe for privacy reasons but they will never inform you about this because they wouldn't want you to get scared and loose trust in them and run away, all this have to do with centralized institutions that will always require from us, KYC is not what the casinos also needed to track us by all means through it but whenever the need for doing such occurs either from them, their employees or government, we remain vulnerable to all valuable informations given because they will always be subjected to low safety on demand.

But the average gambling today applies KYC to its customers, it will definitely be applied especially for those who use the greater amount of money in gambling or withdraw the money, with the maximum withdrawal limit without KYC, it will definitely be implemented KYC to them.
If you want to remain anonymous we have to play under the minimum withdrawal standard on the gambling platform, it is the safest step that can be taken by someone who maintains their privacy but wants to play gambling on the famous gambling platform or has a good reputation.
And indeed I myself that the dangers of personal information are very important, there are just naughty employees on their side and make customer losses, and therefore must be good at finding responsible platforms.

[delfastTions]

In my point of view this is really risky. These are gambling websites which you are talking about, even I don't use the online exchanges which requires KYC to withdraw funds. Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.

That's what we want but we also can only accept if one day, online exchanges or even casinos require us to do KYC before we can withdraw funds. Online casinos and exchanges only follow the regulatory requirements given by the regulators and don't want to violate them, so they also implement KYC on their members.

And the only way we can do that is to find casinos or online exchanges that still allow users not to do KYC or at least not do KYC at all. It all depends on which one can make us comfortable choosing, whether it is an online crypto casino or an online exchange. And people do KYC on online casinos and exchanges because they trust that the casinos and online exchanges can keep the paperwork properly.

I have already written on our forum more than once that the very essence of the invention of bitcoin, which was solved by Satoshi and cryptocurrencies in general, is to ensure the anonymity and strict accuracy of payments.  This is why bitcoin was invented.  However, now KYC verification is being implemented everywhere and greatly spoils this very idea.  And the existence of casinos that do not require KYC, even if the player has won a large amount of cryptocurrency and wants to withdraw it to his wallet, is simply necessary for players who want to remain anonymous.  I believe that despite all kinds of recommendations from regulators, there should still be jurisdictions in the world that would allow such casinos to operate legally.  This is very important for the millions of cryptocurrency gamblers around the world.  But unfortunately, the governments of almost all countries follow the American regulators and force them to demand KYC from the players.  I hope that there will still be jurisdictions that will resolve this issue legally and with the player's ability to remain anonymous.  
Maybe there will be a smart president and government who will guess that people need this in many cases and who will figure out how to do it.  

And it definitely can be done!

[Fredomago]

Using a KYC gambling casino isn't safe for privacy reasons but they will never inform you about this because they wouldn't want you to get scared and loose trust in them and run away, all this have to do with centralized institutions that will always require from us, KYC is not what the casinos also needed to track us by all means through it but whenever the need for doing such occurs either from them, their employees or government, we remain vulnerable to all valuable informations given because they will always be subjected to low safety on demand.

But the average gambling today applies KYC to its customers, it will definitely be applied especially for those who use the greater amount of money in gambling or withdraw the money, with the maximum withdrawal limit without KYC, it will definitely be implemented KYC to them.
If you want to remain anonymous we have to play under the minimum withdrawal standard on the gambling platform, it is the safest step that can be taken by someone who maintains their privacy but wants to play gambling on the famous gambling platform or has a good reputation.
And indeed I myself that the dangers of personal information are very important, there are just naughty employees on their side and make customer losses, and therefore must be good at finding responsible platforms.

The end point remains with how you entrust the site that you are playing and the weight of your statement is true, if you want to continue playing anonymously you need to play with the minimum, the only thing is when the chance of being lucky come up and you need to withdraw a much larger amount, KYC is something that will be required by the casino.

It's been a direct order from the government who has the jurisdiction of the permits that the casino is holding. They are in need of submitting the info to prevent any money laundering activities or any other illegal activities using the gambling site.

[Doan9269]

In my point of view this is really risky. These are gambling websites which you are talking about, even I don't use the online exchanges which requires KYC to withdraw funds. Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.

If you think using KYC casino will be of a challenge to you then one have to avoid them and go for the ones that does not consider KYC because there's nothing that could change about having a casino demanding for KYC except you make provisions for it as they required, we are the ones to know the kind of documents we are going to render if such could not be used against us later considering privacy matters.

[Questat]

Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.

I don't understand what you're saying, man. Of course, KYC, which stands for Know Your Client policy, is what gambling sites would demand from you. But please bear in mind that they wouldn't require it if they weren't obliged to implement the law by their regulators. If there's no regulation, then casinos simply wouldn't care about the real identity of their gamblers since the more they promote anonymity, the more profitable they'll be.

Yeah, it's risky to give out our private information, but trust them because they are also regulated, which means they'll be penalized if they violate the privacy agreement.

[pakhitheboss]

Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.

If you find KYC on a gambling platform risky then why gamble? The biggest risk is gambling and it is not fair to compare it with KYC risk. At the moment most of these platforms are obliged to follow the rule and regulations otherwise their license can get canceled. There are online casinos that might not ask for KYC, they are more risky to gamble as they might not be probably fair.

[Webetcoins]

If you do not submit the kyc data then how will you make an account on gambling site and gamble with your money ? Even if you are lucky to deposit and gamble without the KYC still on the withdrawal they will ask you for your KYC and if you do not complete the KYC data you will not be able to withdraw the amount.

The only precautions you can take is to store / submit the KYC on trusted sites so there are less chances of your data being used illegally or unlawfully. Other than this we have no option but to submit the KYC

You are right that we don't have much of an option for the time being since there aren't any authentic casinos that don't ask for KYC and lets you deposit, gamble, and withdraw your money all without submitting any personal detail, we can see a few decentralized platforms coming out but yet again, we can't just trust any platform that comes out because we know how saturated the market is and there are a lot of scams happening around.

So the best way, as you said, is to only use the most reputable platforms so that if you need to complete KYC verification, you do it with them and your personal data and documents will be safe from being misused or sold and you can rest assured when gambling with the casino if it's trusted.

[Haunebu]

You are right that we don't have much of an option for the time being since there aren't any authentic casinos that don't ask for KYC and lets you deposit, gamble, and withdraw your money all without submitting any personal detail, we can see a few decentralized platforms coming out but yet again, we can't just trust any platform that comes out because we know how saturated the market is and there are a lot of scams happening around.

Wrong. There are plenty of legit crypto gambling sites that don't mandatorily enforce KYC in any form whatsoever. Some of those sites off the top of my head are Crypto.Games, Bitcasino, Sportsbet etc.

These sites only request KYC when you are withdrawing large amounts or if they find something shady related to your account.

[chigo]

In my point of view this is really risky. These are gambling websites which you are talking about, even I don't use the online exchanges which requires KYC to withdraw funds. Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.

Are you really not going to give out your personal data when the gambling site that you are installing on your signature requires it?

afaik, the KYC problem lies only in whether or not you believe in the gambling site you are playing on, however, don't give your personal data carelessly, but if you are sure of the gambling site you are playing on, there's nothing wrong with that.

[DoublerHunter]

~snip~
afaik, the KYC problem lies only in whether or not you believe in the gambling site you are playing on, however, don't give your personal data carelessly, but if you are sure of the gambling site you are playing on, there's nothing wrong with that.

^That is the problem here, the word entrust must be what you will find first in the casinos.
Because for me KYC measures are typically implemented by reputable gambling sites to ensure compliance with regulations and to establish the identity of their customers, thereby enhancing security and preventing fraudulent activities. Consequently, if you have taken the necessary precautions and have confidence in the platform's credibility, there may be no inherent harm in providing the required personal information as part of the KYC process. Probably it is always prudent to exercise discretion and ensure that you are comfortable with the level of trust you place in the gambling site before disclosing any sensitive data.

[Hamphser]

~snip~
afaik, the KYC problem lies only in whether or not you believe in the gambling site you are playing on, however, don't give your personal data carelessly, but if you are sure of the gambling site you are playing on, there's nothing wrong with that.

^That is the problem here, the word entrust must be what you will find first in the casinos.
Because for me KYC measures are typically implemented by reputable gambling sites to ensure compliance with regulations and to establish the identity of their customers, thereby enhancing security and preventing fraudulent activities. Consequently, if you have taken the necessary precautions and have confidence in the platform's credibility, there may be no inherent harm in providing the required personal information as part of the KYC process. Probably it is always prudent to exercise discretion and ensure that you are comfortable with the level of trust you place in the gambling site before disclosing any sensitive data.

If you are really that something paranoid when it comes to your identity or personal information then dealing up with certain platforms which does ask out KYC is never been appealing for you, despite on being known
and reputable or trustable by the community but we know that there's no such thing about 100% secure out of this world on which there's no way that we could be able to tell on whats happening behind those curtains on which we could really make out some assumptions that even despite on having no leakage of information or exploits but we dont really know if they've been safe keeping our information or had been doing  something that we arent knowing or totally make us blind.

This is why on the time that you would really be submitting out some documents or personal information on any platform online, then better consider out with those information's to be good as exposed
so that you wouldn't really be stressing out yourself or having the anxiety on the time that you had passed it.

[ethereumhunter]

I have already written on our forum more than once that the very essence of the invention of bitcoin, which was solved by Satoshi and cryptocurrencies in general, is to ensure the anonymity and strict accuracy of payments.  This is why bitcoin was invented.  However, now KYC verification is being implemented everywhere and greatly spoils this very idea.  And the existence of casinos that do not require KYC, even if the player has won a large amount of cryptocurrency and wants to withdraw it to his wallet, is simply necessary for players who want to remain anonymous.  I believe that despite all kinds of recommendations from regulators, there should still be jurisdictions in the world that would allow such casinos to operate legally.  This is very important for the millions of cryptocurrency gamblers around the world.  But unfortunately, the governments of almost all countries follow the American regulators and force them to demand KYC from the players.  I hope that there will still be jurisdictions that will resolve this issue legally and with the player's ability to remain anonymous.  
Maybe there will be a smart president and government who will guess that people need this in many cases and who will figure out how to do it.  

And it definitely can be done!

Satoshi provides a way out for those of us who care about anonymity because, with advances in technology, governments increasingly want to restrict the movement of their citizens so they don't go against government regulations. But now, the government seems to tighten its rules for crypto users by asking them to do KYC. And it happens to us when we register on exchanges or gambling sites. That's what we face as crypto users and we also can't refuse it because if we refuse it, we will be considered against government regulations. But we can still be happy because there are still casinos that allow us to play gambling without doing KYC so we can freely deposit and withdraw money.

[noormcs5]

In my point of view this is really risky. These are gambling websites which you are talking about, even I don't use the online exchanges which requires KYC to withdraw funds. Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.

Are you really not going to give out your personal data when the gambling site that you are installing on your signature requires it?

afaik, the KYC problem lies only in whether or not you believe in the gambling site you are playing on, however, don't give your personal data carelessly, but if you are sure of the gambling site you are playing on, there's nothing wrong with that.

Again we come cross a situation in which we don't have a choice that we do not give our KYC data in order to gamble. It's better that we made up of our mind that we have to give the KYC data no matter it is the gambling site who are asking for it or the cryptocurrency exchanges where the KYC is mandatory.
I am not saying it that we give it to all the sites but we have to believe that the good sites will not misuse about our data.