is KYC data on Gambling sites safe?

[Odusko]

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 whether 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.

What I can understand from all of this statement is that giving KYC is doesn't necessarily mean that the data are leaked already and we do that based on the trust we have in that casino, so that also means that we should only choose casinos that are trusted and have high reputations because casinos in that category will have good security to protect their client's data from being leaked.
But if we should have a situation where we avoid using platforms that outrightly demand for KYC will be more beneficial to the gambler or other crypto users because one can't know what level of risk the data are exposed to on the site.

[adzino]

You should always remember, nothing is safe on the internet. There are chances that your data might get leaked. Have you seen how often there are "leaks" and "breaches" even in those very reputable companies? So yeah, it is a risk you have to accept or else you will limit yourself to lesser options on the internet. There aren't much services that provides anything without KYC. It all depends on who you choose. As long as you play in casinos that are well reputed, the chances are less of your data to be misused or mishandled.

[Fredomago]

You should always remember, nothing is safe on the internet. There are chances that your data might get leaked. Have you seen how often there are "leaks" and "breaches" even in those very reputable companies? So yeah, it is a risk you have to accept or else you will limit yourself to lesser options on the internet. There aren't much services that provides anything without KYC. It all depends on who you choose. As long as you play in casinos that are well reputed, the chances are less of your data to be misused or mishandled.

Our opinions will always be based from how we understand and handle the risk behind, I see your point and we can't deny the fact as there are many instances that hack or breach have already been exposed over the internet, not even a trusted and establish companies are being penetrated by the hackers, either the security is being attack or an inside job take place.

A matter of how you back up your decision when providing or submitting your KYC, the secureness of the data relies with the site and if how they will take good care of your information, there's no control on your side, after submitting just hope for the best..

[Fivestar4everMVP]

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.

I agree with your point based on how much I understand what you mean, the issue of online kyc is not evitable, especially when it involved money, majorly every online institution where money goes in and out from requires their customers to go through a kyc verification process, this is not a thing that is peculiar to gambling casinos alone.

Like you have said, for those who do not want their personal data in multiple online servers, best thing to do is to find a reputable casino they trust, pass the kyc verification and play there, playing on multiple casinos also means you agree to pass kyc verification on multiple casinos if the need for it arises.

[klidex]

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.

I agree with your point based on how much I understand what you mean, the issue of online kyc is not evitable, especially when it involved money, majorly every online institution where money goes in and out from requires their customers to go through a kyc verification process, this is not a thing that is peculiar to gambling casinos alone.

Like you have said, for those who do not want their personal data in multiple online servers, best thing to do is to find a reputable casino they trust, pass the kyc verification and play there, playing on multiple casinos also means you agree to pass kyc verification on multiple casinos if the need for it arises.

Very good point. I agree that at this time almost some casinos that have a good reputation will eventually ask us to send KYC when needed and we cannot avoid that because we have to comply with the rules set by the casino.
But the problem was recently heard that there was a problem of casino customers who complained about frozen funds and were asked to do KYC but failed.
Without me mentioning this problem, of course we know who the people who are complaining are, but the main problem is that sometimes a casino that has a good reputation will also be suspicious and really need customer data to ensure that everything is fine.
As long as we don't violate casino rules I think giving KYC to trusted casinos won't hurt.

[Doan9269]

You should always remember, nothing is safe on the internet. There are chances that your data might get leaked. Have you seen how often there are "leaks" and "breaches" even in those very reputable companies? So yeah, it is a risk you have to accept or else you will limit yourself to lesser options on the internet. There aren't much services that provides anything without KYC. It all depends on who you choose. As long as you play in casinos that are well reputed, the chances are less of your data to be misused or mishandled.

Aside from the internet safety, casinos were meant to have this demads of KYC althrough their own way of operations when showing their principles with gambling, they will definitely required for KYC except if you want to have some issues from their regulative aspect with the casino, don't be too relax that every one of th were thesame being a casino but have different policies that's guiding them from allowing some thigs.

[bangjoe]

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.

This is the main reason in the application of KYC in gambling, washing is very likely to be done, therefore the government applies the law in the implementation of gambling.

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.

If seen from the interests of the casino actually they do not need KYC customers, at the beginning before the implementation of the KYC policy, gambling continues to operate and they have no problems with personal information about their customers.
If gambling developers do not follow the rules given by the government, then it can be said that gambling is illegal, and the local government can force the casino to close.

[Hamphser]

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.

I agree with your point based on how much I understand what you mean, the issue of online kyc is not evitable, especially when it involved money, majorly every online institution where money goes in and out from requires their customers to go through a kyc verification process, this is not a thing that is peculiar to gambling casinos alone.

Like you have said, for those who do not want their personal data in multiple online servers, best thing to do is to find a reputable casino they trust, pass the kyc verification and play there, playing on multiple casinos also means you agree to pass kyc verification on multiple casinos if the need for it arises.

Very good point. I agree that at this time almost some casinos that have a good reputation will eventually ask us to send KYC when needed and we cannot avoid that because we have to comply with the rules set by the casino.
But the problem was recently heard that there was a problem of casino customers who complained about frozen funds and were asked to do KYC but failed.
Without me mentioning this problem, of course we know who the people who are complaining are, but the main problem is that sometimes a casino that has a good reputation will also be suspicious and really need customer data to ensure that everything is fine.
As long as we don't violate casino rules I think giving KYC to trusted casinos won't hurt.

Try to look on the current issue of Stake platform which it is really on this board on gambling which they've been asking out some id's and some bills with stamps and have been holding up that 6k win on someone

but still they do fail on giving out despite of those things that had been complied. We havent heard out on Stakes side on whats the actual reason on why they've been still holding those funds despite of such compliance on whats been asked? ID's should really be enough but thing here is that they've been asking for more which i would say that it is really just that too much.
I dont believe that 6k isnt something that would really be a bothersome amount on Stake, what boggles me is on how they do really trying out to hold up those funds and
asking too much information and documentation for that mere amount.

[Docnaster]

You should always remember, nothing is safe on the internet. There are chances that your data might get leaked. Have you seen how often there are "leaks" and "breaches" even in those very reputable companies? So yeah, it is a risk you have to accept or else you will limit yourself to lesser options on the internet. There aren't much services that provides anything without KYC. It all depends on who you choose. As long as you play in casinos that are well reputed, the chances are less of your data to be misused or mishandled.

You narrated everything so much well and it is well understandable and the most sincere part of your statement is where you said that one will have to limit themselves to many things online if they do not want to complete KYC.
KYC can be said to be a necessary risk to take in this present world. When one excessively avoids KYC it will look fishy as if something is hidden in the person's cupboard.
So, I use to complete some kinds of KYC that requires the first stage of personal data and not very much deep information.

[Mr. Magkaisa]

You should always remember, nothing is safe on the internet. There are chances that your data might get leaked. Have you seen how often there are "leaks" and "breaches" even in those very reputable companies? So yeah, it is a risk you have to accept or else you will limit yourself to lesser options on the internet. There aren't much services that provides anything without KYC. It all depends on who you choose. As long as you play in casinos that are well reputed, the chances are less of your data to be misused or mishandled.

    -  What you said is true, so it is not good to connect to an internet that you are not sure if it is safe or not. Especially in public areas that are prone to hacking and other breaches that can affect our device.

Extra caution is still really needed in these kinds of situations actually, as long as we don't immediately connect our devices so as not to be in danger. So what you mentioned is correct. Thank you for the reminders like this you said.

[klidex]

.

I apologize if I cut your reply because this is not the right place to discuss this because there is no complete answer as to who is wrong and who is right.
What I know is that a reputable casino has the right to request KYC from customers suspected of any problem and the casino will always protect the personal data of their customers even if the KYC fails to pass verification.
Of course the casino always maintains the good name of the company by keeping personal data safe from hacking or data theft.
However, it must always be remembered that there are no guarantees and all decisions return to ourselves whether to choose KYC or not.

[Haunebu]

What I know is that a reputable casino has the right to request KYC from customers suspected of any problem and the casino will always protect the personal data of their customers even if the KYC fails to pass verification.
Of course the casino always maintains the good name of the company by keeping personal data safe from hacking or data theft.

It is true that the casino has the right to request KYC for various reasons, but they don't have the right to harass customers using KYC and the TOS as their weapons which is what's happening in the Stake case.

These are just a couple of reasons as to why so many gamblers detest KYC and submit it only if absolutely necessary.

[Doan9269]

You should always remember, nothing is safe on the internet. There are chances that your data might get leaked. Have you seen how often there are "leaks" and "breaches" even in those very reputable companies? So yeah, it is a risk you have to accept or else you will limit yourself to lesser options on the internet.

There may not be any safety in terms of privacy with the use of the internet but there are advanced technology system that are privately secured and safe for us to use and have our informations there, such could be found with the use of the blockchain technology system.

There aren't much services that provides anything without KYC. It all depends on who you choose. As long as you play in casinos that are well reputed, the chances are less of your data to be misused or mishandled.

There are services that are completely decentralized as long as you known how to search for one and identify such, this also depends on the field you're involved with the need of such, there's an accurate answer to every of your findings as long as you can look for them while searching.

[Fivestar4everMVP]

What I know is that a reputable casino has the right to request KYC from customers suspected of any problem and the casino will always protect the personal data of their customers even if the KYC fails to pass verification.
Of course the casino always maintains the good name of the company by keeping personal data safe from hacking or data theft.

It is true that the casino has the right to request KYC for various reasons, but they don't have the right to harass customers using KYC and the TOS as their weapons which is what's happening in the Stake case.

These are just a couple of reasons as to why so many gamblers detest KYC and submit it only if absolutely necessary.

Has there been any reported situation where Stake is harassing customers due to kyc verification?, maybe you share as it seems I missed it..

Anyways, we are just being to hard on ourselves when it comes to kyc, one thing certain is that every business collects customers data in one way or the other, for example, go to your local bank, shopping mall, hair salon etc, your presence there is already a kyc on its own, there might be security cameras around and have captured an image  of you, why is it that we do not complain about all of those stuff?

[Viscore]

What I know is that a reputable casino has the right to request KYC from customers suspected of any problem and the casino will always protect the personal data of their customers even if the KYC fails to pass verification.
Of course the casino always maintains the good name of the company by keeping personal data safe from hacking or data theft.

It is true that the casino has the right to request KYC for various reasons, but they don't have the right to harass customers using KYC and the TOS as their weapons which is what's happening in the Stake case.

These are just a couple of reasons as to why so many gamblers detest KYC and submit it only if absolutely necessary.

Has there been any reported situation where Stake is harassing customers due to kyc verification?, maybe you share as it seems I missed it..

Anyways, we are just being to hard on ourselves when it comes to kyc, one thing certain is that every business collects customers data in one way or the other, for example, go to your local bank, shopping mall, hair salon etc, your presence there is already a kyc on its own, there might be security cameras around and have captured an image  of you, why is it that we do not complain about all of those stuff?

Harassment is another matter; casinos operate like robots, strictly adhering to their systems. They have no personal knowledge of their gamblers. It's quite simple: if you wish to continue gambling, you must comply with the KYC requirements. If you choose not to provide the necessary information, then it's best to stop gambling altogether.

Casinos face penalties for any mishandling or unauthorized disclosure of our information, so it's unlikely that they would engage in any foolish acts of harassing their clients.

[summonerrk]

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 will immediately answer that I am definitely not safe. The fact is that in recent years we have all heard a lot of news about the hacking of the largest food delivery services, online stores and the like. All these services had very strong protection, they had hired a staff of IT specialists, who in the end could not protect the data.
Now there is a lot of our data in the Dark Net due to such leaks from large services.

Well, what can we say about small gambling platforms. Which clearly do not have such protection, and hacking their protection is an easy matter for a hacker.

[Pandu Geddon]

I will immediately answer that I am definitely not safe. The fact is that in recent years we have all heard a lot of news about the hacking of the largest food delivery services, online stores and the like. All these services had very strong protection, they had hired a staff of IT specialists, who in the end could not protect the data.
Now there is a lot of our data in the Dark Net due to such leaks from large services.

Well, what can we say about small gambling platforms. Which clearly do not have such protection, and hacking their protection is an easy matter for a hacker.

I guess hackers will make a bigger target for them to get. like a big exchange or even data from a big Bank in a country. hackers managed to get data from small casino users, with security that I think would be easy enough for them to break. but I believe hackers have a bigger target than taking care of user data from a newly established casino.
However, a strengthened security system also has a risk of being infiltrated by hackers. The most important thing is that we play at a casino that already has a good reputation and is also trusted when facing problems such as hacking or others problems.

[summonerrk]

I will immediately answer that I am definitely not safe. The fact is that in recent years we have all heard a lot of news about the hacking of the largest food delivery services, online stores and the like. All these services had very strong protection, they had hired a staff of IT specialists, who in the end could not protect the data.
Now there is a lot of our data in the Dark Net due to such leaks from large services.

Well, what can we say about small gambling platforms. Which clearly do not have such protection, and hacking their protection is an easy matter for a hacker.

I guess hackers will make a bigger target for them to get. like a big exchange or even data from a big Bank in a country. hackers managed to get data from small casino users, with security that I think would be easy enough for them to break. but I believe hackers have a bigger target than taking care of user data from a newly established casino.
However, a strengthened security system also has a risk of being infiltrated by hackers. The most important thing is that we play at a casino that already has a good reputation and is also trusted when facing problems such as hacking or others problems.

The fact is that hackers are different and not all seek to hack a large bank or a large platform. Sometimes they work more pointwise. It is enough for them to know that you have money in one of the bitcoin wallets, and they will search for data about you. They will collect information about your last name, address, phone, in any way on crypto platforms. And sometimes they will only lack documents before hacking your account on one of the exchanges. Which they will then be able to find on the hacked gambling site. And then they will go to the exchange and will contact support on your behalf, providing the documents stolen from you so that they will be given access to wallets.
We live during a Big Date, and there is a lot of information, you just need to be able to use it correctly, that's what attackers do.

[wxa7115]

~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.

I think the gambling industry has matured a lot over the years and we have many great casinos in which we trust, however even if this is the case there is no way to guarantee that information is always going to remain safe.

After all there are hackers out there which are always looking to get that information out of them, and we must not forget that sometimes a rogue employee which is discontent for some reason or another could steal that information to damage their reputation, scenarios which we have seen before in this market or other industries, and which put at risk our personal information regardless of how high the reputation of our favorite casino could be.

[Rabata]

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?

All the people are not the same so there are many variations in their way of thinking. KYC seems normal to some but dangerous to others. Overall casino gambling platform can benefit a gambler in several ways. In particular, it is possible to get proper solutions for withdrawal and account related problems. Now a days a gambler's personal information is stored securely in all the reputable casinos or gambling platforms. A gambler can be involved in various types of crimes. Once KYC is completed, casino gambling platforms have information of the customers so that no one can commit crimes.