is KYC data on Gambling sites safe?

[ethereumhunter]

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?

In platform that ask the customers for Kyc verification, the customers should know that no platform that can use a customers original document for something else or review it, I believe that customers our document use for online verification is protected by the platform, many people today is having issues of Kyc in platform because they use fake document that doesn't correspond with their credentials, we don't need to take some risk that kyc is not important if platform demands for it. The purpose of having a kyc is to know the customers if they are legit or not and also protects the interest of customers but people find it difficult to perform their kyc

While it is possible there are some people out there which are mad about those polices as it is becoming more difficult for them to use fake credentials to get away with their multiple accounts and their bonus abuse, I really think they are the minority.

The majority of the people that are mad about this are people that simply prefer to have a high level of privacy, after all this was one of the promises that this market offered, a promise which is slowly disappearing as more casinos implement those policies.

Those who use fake credentials to get away with multiple accounts want to take advantage of a bug that exists in the casino so they can get something more out of other people. They will no longer be able to use fake credentials for their accounts as the casino will reject them and may ban their accounts.

People who refuse KYC think that playing gambling doesn't need to submit their personal documents, especially those who don't use big money. And thinking is normal because they are not the big gambler type and only use gambling for fun. And those who use gambling for more than just fun can accept KYC and enter into it to get something out of the casino. After all, they believe the casino can keep the personal documents well.

[delfastTions]

..... . After all, they believe the casino can keep the personal documents well.

I do not think that everyone considers any, even the largest and most famous casino, to be reliable in matters of maintaining confidential and personal information. 

Long-term experience of using the Internet clearly tells us that confidential data leaks periodically occur due to the deliberate hacking of databases by hackers, or the sale of these databases of casino users by corrupt employees.  Finally, random, unintentional database leaks that occur simply due to inattention or negligence of individual inexperienced employees in their work.  Experience shows that such events always occur, but of course the selection of personal data bases is always random. 
But no one can give you a guarantee that the very database that contains information about you will not be stolen and made public in this way!

[Gozie51]

People who refuse KYC think that playing gambling doesn't need to submit their personal documents, especially those who don't use big money. And thinking is normal because they are not the big gambler type and only use gambling for fun. And those who use gambling for more than just fun can accept KYC and enter into it to get something out of the casino. After all, they believe the casino can keep the personal documents well.

Gamblers who stake hugely should prefer casinos who are reliable and those reliable casinos always ask for KYC. They should prefer them because of their trust gained over the years. For example stake has been around for a longtime and will not want their reputation to go under the ground so what you know is if you play with them and win your money is guarantee that you will get. Therefore if you know a casino has a very good trust rating, you just go ahead with the KYC so that you can easily withdraw whatever winning you have at the time you request for it and not to use casinos that are not asking for KYC yet you won't be able to withdraw your winning.

[Shamm]

People who refuse KYC think that playing gambling doesn't need to submit their personal documents, especially those who don't use big money. And thinking is normal because they are not the big gambler type and only use gambling for fun. And those who use gambling for more than just fun can accept KYC and enter into it to get something out of the casino. After all, they believe the casino can keep the personal documents well.

Gamblers who stake hugely should prefer casinos who are reliable and those reliable casinos always ask for KYC. They should prefer them because of their trust gained over the years. For example stake has been around for a longtime and will not want their reputation to go under the ground so what you know is if you play with them and win your money is guarantee that you will get. Therefore if you know a casino has a very good trust rating, you just go ahead with the KYC so that you can easily withdraw whatever winning you have at the time you request for it and not to use casinos that are not asking for KYC yet you won't be able to withdraw your winning.

This must be the mindset of everyone because we all know that once we put a big amount of money in every bet then we should go to the trusted and reputable casino as we all know that trusted and reputable casino have a licensed and we all know that once a casino have a licensed then they will ask for KYC to secure your money in their hands and some casino will also ask Kyc before sons after you play.

[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?

It's gotten to the point now where most of the largest crypto gambling companies are actually based and headquartered in European countries. This allows for much greater protection when it comes to a complaints process, however many people confuse being sad they lost money with having a legitimate grievance. Providing your documents to such companies, who usually utilize very skilled and safe third parties, is pretty much a financial reporting requirement from their side. They should be doing it from day one, but they sometimes let the player bet if it's low amounts.

[Gozie51]

People who refuse KYC think that playing gambling doesn't need to submit their personal documents, especially those who don't use big money. And thinking is normal because they are not the big gambler type and only use gambling for fun. And those who use gambling for more than just fun can accept KYC and enter into it to get something out of the casino. After all, they believe the casino can keep the personal documents well.

Gamblers who stake hugely should prefer casinos who are reliable and those reliable casinos always ask for KYC. They should prefer them because of their trust gained over the years. For example stake has been around for a longtime and will not want their reputation to go under the ground so what you know is if you play with them and win your money is guarantee that you will get. Therefore if you know a casino has a very good trust rating, you just go ahead with the KYC so that you can easily withdraw whatever winning you have at the time you request for it and not to use casinos that are not asking for KYC yet you won't be able to withdraw your winning.

This must be the mindset of everyone because we all know that once we put a big amount of money in every bet then we should go to the trusted and reputable casino as we all know that trusted and reputable casino have a licensed and we all know that once a casino have a licensed then they will ask for KYC to secure your money in their hands and some casino will also ask Kyc before sons after you play.

before sons after you play.

I don't understand what you mean by sons or is that a typo?


However, I understand your agreement that a huge bettor should rather choose to play in more trusted and recognised casino. I won't dare to put my money if I'm betting big, in a casino that isn't licenced or that doesn't have good trust rating. Like in the forum here we have some of the trusted casinos that are doing well, fulfilling all promises and paying out bettors and their signature campaign participants.

[Wiwo]

 I see kyc as a very good idea in the gambling sector case it helps reduce risk factors like i stated earlier I've once done kyc on a gambling site with my national Id and till date I've not have any issues with the app misuse of my information by them rather made my account more secure,it also helps most bookies identify underage users going against there underage policy.

How do you know if your data have been missed used or not because you may not know when you data are used by a scammer to commit crimes  because most of the hackers who hack those platform privided the KYC data to do so even without the platform knowledge and before it is discovered, the did would have been done by then.

This is why it is important to only do KYC on highly trusted sites and not every random app or platform requests for that.

[Woodie]

People who refuse KYC think that playing gambling doesn't need to submit their personal documents, especially those who don't use big money. And thinking is normal because they are not the big gambler type and only use gambling for fun.

KYC isn't really about being a high roller or a casual gambler that is playing with small money.. no!

KYC is usually in line with anti money laundering requirements and sometimes to avoid players that have been flagged for gaming casinos with strategies they do not allow and I believe it's to protect themselves from such player's and I think most casino's do ask for it!

And those who use gambling for more than just fun can accept KYC and enter into it to get something out of the casino. After all, they believe the casino can keep the personal documents well.

Lol nobody believes these casinos will keep these documents well and not in a million years!
The whole thing of going through this KYC process is to ensure funds aren't locked up in the gaming account and you can withdraw without any drama!!

Gamblers who stake hugely should prefer casinos who are reliable and those reliable casinos always ask for KYC. They should prefer them because of their trust gained over the years.

Agreed, KYC is inevitable especially that most casinos are regulated and for their growth  this is needed to give its customers confidence to play with them!

For example stake has been around for a longtime and will not want their reputation to go under the ground so what you know is if you play with them and win your money is guarantee that you will get. Therefore if you know a casino has a very good trust rating, you just go ahead with the KYC

Love the sales pitch!! You deserve to be a Stake ambassador:)