slapper
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July 01, 2023, 11:47:25 AM |
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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. While to some, KYC norms may feel like a "no-brainer," they ignite anxiety in others, stirring fears of digital theft or privacy invasion. So, where lies the remedy? In robust cybersecurity. Esteemed casinos secure personal information, but remember, "safe" is a fluid term. Even with advanced firewalls and encryption, cyber-goons find their way in. Reflecting on gambler-involved misdemeanors, yes, KYC can dissuade crime. But, could this data, mishandled, fuel identity theft or fraud?
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Viscore
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July 01, 2023, 11:54:50 AM |
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While to some, KYC norms may feel like a "no-brainer," they ignite anxiety in others, stirring fears of digital theft or privacy invasion. So, where lies the remedy? In robust cybersecurity. Esteemed casinos secure personal information, but remember, "safe" is a fluid term. Even with advanced firewalls and encryption, cyber-goons find their way in. Reflecting on gambler-involved misdemeanors, yes, KYC can dissuade crime. But, could this data, mishandled, fuel identity theft or fraud?
What you have cited are the negative scenarios that could occur based on the information submitted through KYC requirements. However, let's go back to the basics. Nowadays, casinos are mostly regulated, and this regulation makes them legitimate. However, it also comes with a price. Regulators impose KYC requirements, and gambling sites are obligated to implement them. It's a matter of compliance—either they adhere to the regulations or risk being excluded from the industry.
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maydna
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July 01, 2023, 02:48:06 PM |
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While to some, KYC norms may feel like a "no-brainer," they ignite anxiety in others, stirring fears of digital theft or privacy invasion. So, where lies the remedy? In robust cybersecurity. Esteemed casinos secure personal information, but remember, "safe" is a fluid term. Even with advanced firewalls and encryption, cyber-goons find their way in. Reflecting on gambler-involved misdemeanors, yes, KYC can dissuade crime. But, could this data, mishandled, fuel identity theft or fraud?
What you have cited are the negative scenarios that could occur based on the information submitted through KYC requirements. However, let's go back to the basics. Nowadays, casinos are mostly regulated, and this regulation makes them legitimate. However, it also comes with a price. Regulators impose KYC requirements, and gambling sites are obligated to implement them. It's a matter of compliance—either they adhere to the regulations or risk being excluded from the industry. And even though the casinos can choose, they still cannot avoid it and are forced to follow the existing regulations because if they don't, the government might come by force and continue to pressure the casinos. And for trusted casinos, I'm sure they can secure their users' data properly. And even though there is bound to be an attack on the casino, the security team of the casino will try to protect the casino, and so far, the trusted casinos have done what needs to be done. Even though we don't know the truth, at least a trusted casino will do its job to protect user data.
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Fivestar4everMVP
Legendary
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July 01, 2023, 02:55:37 PM |
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While to some, KYC norms may feel like a "no-brainer," they ignite anxiety in others, stirring fears of digital theft or privacy invasion. So, where lies the remedy? In robust cybersecurity. Esteemed casinos secure personal information, but remember, "safe" is a fluid term. Even with advanced firewalls and encryption, cyber-goons find their way in. Reflecting on gambler-involved misdemeanors, yes, KYC can dissuade crime. But, could this data, mishandled, fuel identity theft or fraud?
What you have cited are the negative scenarios that could occur based on the information submitted through KYC requirements. However, let's go back to the basics. Nowadays, casinos are mostly regulated, and this regulation makes them legitimate. However, it also comes with a price. Regulators impose KYC requirements, and gambling sites are obligated to implement them. It's a matter of compliance—either they adhere to the regulations or risk being excluded from the industry. You are very correct and I completely agree with you, you know that many a times, gamblers make the issue of kyc sound like it is the casino on their own who want to stress their users through mandatory kyc, we completely forget that even some of this casinos wish they don't have to subject their users to mandatory kyc process, but they have no choice since it is one of the crucial requirements for them to continue to keep their operational license without issues.. Though this not to say that there are no bad eggs casinos that have used kyc as a means to defraud their users, this is a fact that can not be denied.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Shamm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2023, 02:58:58 PM |
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While to some, KYC norms may feel like a "no-brainer," they ignite anxiety in others, stirring fears of digital theft or privacy invasion. So, where lies the remedy? In robust cybersecurity. Esteemed casinos secure personal information, but remember, "safe" is a fluid term. Even with advanced firewalls and encryption, cyber-goons find their way in. Reflecting on gambler-involved misdemeanors, yes, KYC can dissuade crime. But, could this data, mishandled, fuel identity theft or fraud?
What you have cited are the negative scenarios that could occur based on the information submitted through KYC requirements. However, let's go back to the basics. Nowadays, casinos are mostly regulated, and this regulation makes them legitimate. However, it also comes with a price. Regulators impose KYC requirements, and gambling sites are obligated to implement them. It's a matter of compliance—either they adhere to the regulations or risk being excluded from the industry. But for me it's better to seek to an old casino or trusted enough to play with because nowadays casino's will ask KYC to their customers because they have the rules and regulations, but if a casino will ask some KYC then that's for sure a licensed casino because nowadays there are many licensed casino make their rules and regulations to ask an KYC. Because it will determined that they are a licensed casino.
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klidex
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July 01, 2023, 03:53:10 PM |
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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. Actually this is not the right time and place to talk about the casino you mentioned. But I think the casino you mentioned has never harassed customers using KYC or Tos and in the complainant's thread there has been no clarification of the truth of the problem that occurred so let's just wait and see what happens and for me it's a big and reputable casino that always gives weekly prizes $8 million worth of customers wouldn't be able to scam his customers out of just $60k. If indeed many gamblers hate the KYC system I think there are still casinos that don't require KYC.
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mak013
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July 01, 2023, 06:46:39 PM |
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If you data is secret - the best way don`t share it. Nowadays we see how big companies loose their clients data. So when we talking about casino - we have to assume that our data would be stolen. But as for me - we lose our data every day, and if you worry about it - you mustn`t provide your data anybody, not only casino.
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Fredomago
Legendary
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July 01, 2023, 07:09:02 PM |
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While to some, KYC norms may feel like a "no-brainer," they ignite anxiety in others, stirring fears of digital theft or privacy invasion. So, where lies the remedy? In robust cybersecurity. Esteemed casinos secure personal information, but remember, "safe" is a fluid term. Even with advanced firewalls and encryption, cyber-goons find their way in. Reflecting on gambler-involved misdemeanors, yes, KYC can dissuade crime. But, could this data, mishandled, fuel identity theft or fraud?
What you have cited are the negative scenarios that could occur based on the information submitted through KYC requirements. However, let's go back to the basics. Nowadays, casinos are mostly regulated, and this regulation makes them legitimate. However, it also comes with a price. Regulators impose KYC requirements, and gambling sites are obligated to implement them. It's a matter of compliance—either they adhere to the regulations or risk being excluded from the industry. But for me it's better to seek to an old casino or trusted enough to play with because nowadays casino's will ask KYC to their customers because they have the rules and regulations, but if a casino will ask some KYC then that's for sure a licensed casino because nowadays there are many licensed casino make their rules and regulations to ask an KYC. Because it will determined that they are a licensed casino. If you are willing to take part or i mean if you are willing to provide your data better to deal with it with a established and trusted casino, they might be more care about it as they know that it was the business that in stake if ever that a date breach will happen, they will be more on the security side and they have that good allocated budget for that to the point that they will provide additional layers for any possible attack, layer that will guard those data no assurance but additional security will give some breath for the business.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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erep
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July 01, 2023, 07:47:41 PM |
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If you are willing to take part or i mean if you are willing to provide your data better to deal with it with a established and trusted casino, they might be more care about it as they know that it was the business that in stake if ever that a date breach will happen, they will be more on the security side and they have that good allocated budget for that to the point that they will provide additional layers for any possible attack, layer that will guard those data no assurance but additional security will give some breath for the business.
Established and trusted gambling platforms may have layers of tight security to protect user identity data (KYC) but don't forget that our KYC remains open internally on that platform, we cannot be sure that an established gambling platform can operate forever without the popularity and rating of the gambling community, because gambling platform competition can change the rating position and popularity so that the previous established gambling platform is no longer attractive to its users and then the platform disappears, we may not have reached that condition yet, but what do you think about the KYC data security guarantee if the previous top gambling platform has closed due to losing to business competition and the gambling community already have other gambling platform options?
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benalexis12
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July 02, 2023, 02:59:37 AM |
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Sometimes other casino injecting in the mind of other gamblers to submit kyc to make their assets balance on the gambling platform will not be prone into hacking. So players in the casino thought that it was true, but in truth it is not. And I know majority of the gambler knows this thing of course. But in some of the casino that who has a good and established big community for me its fine if I submit KYC on it.
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Mr. Magkaisa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 08:21:29 AM |
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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. - There is truth in what you say, even though I submitted kyc to a well-known crypto gambling here when I experienced winning around 110$ in a casino here, I didn't think too much about the risk because what was on my mind was important to be released I won that gambling. And so far it doesn't seem like I made a mistake in the decision I made because I don't see or read any complaints about the casino I play at, so it's okay with me if the gambling platform already knows their information on mine
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Helena Yu
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 10:26:40 AM |
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I don't understand what are people trying to say in this thread!
They start saying KYC is bad, there's nothing safe in online, KYC leaked, I will avoid KYC etc etc and then they would say if the casino is big and reputable I don't mind to submit KYC in the last sentence lol.
If you're think you can't accept to submit KYC, just don't gamble on regulated and licensed casino in the first place.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 10:53:00 AM |
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I don't understand what are people trying to say in this thread!
They start saying KYC is bad, there's nothing safe in online, KYC leaked, I will avoid KYC etc etc and then they would say if the casino is big and reputable I don't mind to submit KYC in the last sentence lol.
If you're think you can't accept to submit KYC, just don't gamble on regulated and licensed casino in the first place.
It's like when you open a bank account. You don't trust the bank, but you still make an account at the bank and submit your documents to the bank, and you choose a trusted bank with a good reputation. Indeed, we must be careful when choosing a casino, not submit personal documents carelessly, and only verify at trusted casinos. By choosing a trusted casino, at least when we want to verify KYC, we believe the casino can protect consumer data properly without worrying about hacking. But it's true that if we don't want to do KYC in a casino, we don't need to register with a casino that may ask us to do KYC. Or we can reduce the money we use to gamble so we don't have to do KYC. And even better if you don't have to play gambling at all.
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Negotiation
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 12:20:55 PM |
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In fact, hacking is more common through kyc sites, because the KYC system of gambling platforms requires you to provide any personal information first, so the risk is high and no one can trust you in gambling, so it is better to stay away from casino kyc sites. Also before choosing a casino you should personally check how the platform works, whether it complies with all the rules, whether it meets the requirements and whether it cheats the players. It is important to know what the user feels during the game. Good casino sites do not require kyc now most casinos have fines in kyc.
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Weawant
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 12:22:45 PM |
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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.
I agree that everyone isn't the same and some people won't care what happens to their information but for those that are security cautious when casino make it a must for KYC to be done they're not been fair to this users and besides they can't protect the users information. All popular casinos are centralized and centralized system don't have a good record for protecting users information. The servers are hackable and our private information can be stolen then sold to those that might use them for crimes and we get indicted without knowing. Casino benefits gamblers that's why they have to respect the rules of the casino to pass the KYC so they can withdraw theirs wins but it's because they don't have an alternative way out if not gamblers won't have been completing KYC because we know they aren't saved.
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Peanutswar
Legendary
Offline
Activity: 1666
Merit: 1216
Top Crypto Casino
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 01:29:01 PM |
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Sometimes other casino injecting in the mind of other gamblers to submit kyc to make their assets balance on the gambling platform will not be prone into hacking. So players in the casino thought that it was true, but in truth it is not. And I know majority of the gambler knows this thing of course. But in some of the casino that who has a good and established big community for me its fine if I submit KYC on it.
Before the KYC does not mandatory, there are a lot of issues right now showing up that they are requiring a KYC on different casino upon their withdrawal, in some cases, its always happen, if you are an active gambler, keep a deposit and playing to their casino without violating their regulations you don't get any trouble not until you hit a good amount of jackpot into your game. If your account is just new and gets a huge profit without too much recent activity on their record that's the time they make KYC when you want to withdraw to prevent if the player is not a bot, that kind of things from spreading around as always and now new players get doubt to play because the essence of the anonymity is now nothing on this kind of situations. Always read the Terms and conditions and FAQs to have an idea of the withdrawal matters.
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elevates
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 01:41:27 PM |
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I don't understand what are people trying to say in this thread!
They start saying KYC is bad, there's nothing safe in online, KYC leaked, I will avoid KYC etc etc and then they would say if the casino is big and reputable I don't mind to submit KYC in the last sentence lol.
Everyone is trying to complete their signature campaign quota. This equates to spamming and Rabata has not quoted a single reply and has forgotten about this thread I guess. This has become common on this board. One of the DT members should start giving out neutral tags to those OP who are spamming this board with their threads. If you're think you can't accept to submit KYC, just don't gamble on regulated and licensed casino in the first place.
That is simple logic, none of them would accept the truth!
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Sim_card
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 04:16:33 PM |
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We all know that KYC is needed for gambling on most online casino,if any casino does not ask for KYC during registration,you should be careful with such casinos because at the end of the day,when you win big,you will be asked to provide KYC for them to give your access to withdraw your funds. We know that casinos can leak out our information to the government or other institution who seek for it because casinos are not to be trusted with our informations. This doesn't mean that we should stop gambling since most big and reputable casino must ask for KYC because they are operating under government regulations. I don't see anything wrong there for you to pick provide the required information to enable you have fun through gambling.
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Fredomago
Legendary
Offline
Activity: 3094
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2023, 07:06:12 PM |
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If you are willing to take part or i mean if you are willing to provide your data better to deal with it with a established and trusted casino, they might be more care about it as they know that it was the business that in stake if ever that a date breach will happen, they will be more on the security side and they have that good allocated budget for that to the point that they will provide additional layers for any possible attack, layer that will guard those data no assurance but additional security will give some breath for the business.
Established and trusted gambling platforms may have layers of tight security to protect user identity data (KYC) but don't forget that our KYC remains open internally on that platform, we cannot be sure that an established gambling platform can operate forever without the popularity and rating of the gambling community, because gambling platform competition can change the rating position and popularity so that the previous established gambling platform is no longer attractive to its users and then the platform disappears, we may not have reached that condition yet, but what do you think about the KYC data security guarantee if the previous top gambling platform has closed due to losing to business competition and the gambling community already have other gambling platform options? Good point. We also need to consider that, and that's why we are choosing things in the manner of trusting the business. It's a self-explanatory as the kind of decision making is for the person who wanted to continue playing. If KYC will be part of the requirements for you to continue to play, it's you who will pick and decide. Same with what you said, we don't know how future will be as competition is tough with this business, this is where your so-called trust will enter and your decision will take place, all up to you in terms of believing that your data will be protected by your trusted platform.
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slapper
Legendary
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Leading Crypto Sports Betting & Casino Platform
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July 02, 2023, 09:01:55 PM |
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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.
I agree that everyone isn't the same and some people won't care what happens to their information but for those that are security cautious when casino make it a must for KYC to be done they're not been fair to this users and besides they can't protect the users information. All popular casinos are centralized and centralized system don't have a good record for protecting users information. The servers are hackable and our private information can be stolen then sold to those that might use them for crimes and we get indicted without knowing. Casino benefits gamblers that's why they have to respect the rules of the casino to pass the KYC so they can withdraw theirs wins but it's because they don't have an alternative way out if not gamblers won't have been completing KYC because we know they aren't saved. while your apprehension is understandable, it is, I believe, somewhat misdirected. The real issue at hand is not the requirement of KYC protocols per se, but rather the current inadequacy of data protection measures employed by these online platforms. Let me offer you a slightly different perspective. Think of KYC as the 'front door' of a house. Its function is to keep the house safe from intruders. But what use is a locked front door if the windows are left wide open? Similarly, what good is KYC if our data isn't adequately protected? In light of this, what we need is a renewed focus on bolstering security measures. Perhaps a greater integration of blockchain technology could be the answer. After all, the issue isn't about escaping the 'house', it's about making it safer!
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