How Confident Are You In The Reliability of the KYC system

[Zackgeno96]

This is something that every gambling site is only too happy to ask of its players these days. What I don't think is correct is that gambling sites abuse this mechanism to withhold payouts as long as possible. Only when a player has won a lot of money and wants to pay out, sites come up with this KYC procedure. Very unfortunate, because that way the general image of the gambling site will not improve in general. It will also have a lot to do with which country you obtained your gambling license through.

[Wiwo]

This is something that every gambling site is only too happy to ask of its players these days. What I don't think is correct is that gambling sites abuse this mechanism to withhold payouts as long as possible. Only when a player has won a lot of money and wants to pay out, sites come up with this KYC procedure. Very unfortunate, because that way the general image of the gambling site will not improve in general. It will also have a lot to do with which country you obtained your gambling license through.

I am sure only shady xasinoa will want to use kyc to nail their players for winning a big amount and it sound irritating to hear such complaints coming from some playees how the casino suddenly demand for kyc documents immediately their place for withdrawal,,  and if the mount is smaller than the limit for non-kyc withdrawal which os some time set as $5000.

So any amount below this amount can be withdrawn without KYC verification., so at that it becomes mandatory to take note of the balance and amount you want to withdraw in such an account.

[goaldigger]

If only sites used KYC just for verification purpose then it would have made sense but the fact that they are using KYC as a way to get away with user's allegations is what really frustrating.
The fact that there are sites who sell our KYC data to other companies is another reason why I hate giving up KYC.

This is the downside of KYC as we don’t actually know who are selling the data to other companies and yes some site are using this option to make excuse on paying the gamblers with their winnings, its sad but its happening. If you are still not confident about KYC, I’m pretty sure there are still site that are not asking for any KYC and that can be a good alternative for you.

[seleme]

Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

It is a debatable question, no matter how hard to accept this fact it is still one way for casinos to verify user identity. I personally don't deposit as much as the amount that can be subject for KYC verification and it is not safe to share personal documents with third-parties. The same idea is true for some crypto exchanges as well. Maybe they use this method to scam big winners since it is rare to see complaints about the casinos which block user accounts that lost big.

[Stable090]

is part of what we agreed when we sign up to play in casinos but lately I've been reading a lot of complaints
about casinos on how they accept their players' KYC, is it possible that they can decline a person's credentials even though he swore that he submit all the right documents and even undergo a video call to establish his identity?

They can reject your kyc if something is missing, or they find your documents being suspicious or not being clear. Even after submitting all your documents and you proof to have submitted all the right documents, they can still reject your kyc if they are not confident about the documents you submitted, you might have submitted the right documents, but since the casinos are not close to you, so they might be thinking you submitted false documents even if the documents submitted are right.

Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

Some casinos do ask for kyc immediately you register on their site, you won’t even be allowed to deposit if you don’t complete your kyc, and some casinos will request to complete their kyc if the amount they are trying to withdraw gets to some certain price. I can’t say it’s one of their way in scamming people if it’s stated in their terms and conditions and you accept it, the only time I can call it one of their way of scamming people after winning is that if their customer provides all the necessary documents for kyc and they ended up rejecting the kyc.

[ralle14]

Maybe they use this method to scam big winners since it is rare to see complaints about the casinos which block user accounts that lost big.

It's possible, but I doubt most casinos will rely on that method when they can handle these KYC cases much better.

So any amount below this amount can be withdrawn without KYC verification., so at that it becomes mandatory to take note of the balance and amount you want to withdraw in such an account.

Some casinos might have these rules, but if you're lucky, you can even get away with it. In one of the gambling sites i've played, I was already above their threshold, but they're still not requiring me to go through KYC.

[michellee]

Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

It is a debatable question, no matter how hard to accept this fact it is still one way for casinos to verify user identity. I personally don't deposit as much as the amount that can be subject for KYC verification and it is not safe to share personal documents with third-parties. The same idea is true for some crypto exchanges as well. Maybe they use this method to scam big winners since it is rare to see complaints about the casinos which block user accounts that lost big.

That means we play it safe in gambling because depositing below the minimum KYC limit will not be asked to do KYC. Even though the casino can request this later at any time, we can still enjoy playing gambling anonymously so we don't have to send any documents.

But we also need to be prepared if the casino asks us to do KYC one day. I'm not very confident about submitting documents to any site for KYC purposes but if that's a requirement, I'd choose a site that can really be trusted.

And as long as I haven't been asked to do KYC, I haven't done it even though it's to get a bonus that requires KYC.

[Oasisman]

is part of what we agreed when we sign up to play in casinos but lately I've been reading a lot of complaints
about casinos on how they accept their players' KYC, is it possible that they can decline a person's credentials even though he swore that he submit all the right documents and even undergo a video call to establish his identity?

Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

I don't see any reason to decline a client's KYC documents unless it has an existing account that holds those documents. Right after the registration and KYC verification, they should grant their clients a full access to the online casino and set certain limits if they think the client ain't capable of losing huge bets based on their credentials provided in the KYC.
Now, if we're talking about huge wins and they decline the client's KYC documents, then that's plainly scam if otherwise there are no conflict on the account and documents presented. In fact, KYC is not really something that a casino to decide whether or not they allow you to play on their platform, but it is a requirement for them to know who they're dealing with and to protect everyone with any fraudulent activities.
However, I don't really like this whole KYC procedure because no matter how good the intentions is, there are always a possibilities that our identity and vital information will be sold to someone who develops an interest in using it for something that is against the law.

[Nrcewker]

It’s better to choose casinos which don’t ask for KYC. Providing personal information for many people is still acceptable in order to get the profits, but the main problem arrives when the data is leaked or shared or just sold to other parties. This is the main reason for which many people hate this KYC thing. Moreover no site has ever shared publicly, how they verify a person’s KYC details and confirms it. So yes we are helpless here.

[GreatArkansas]

Most of the platforms these days are now doing KYC even non gambling platforms.

Some gamblers out there, started not to care at all about this KYC system. Most of them only care about their funds and the first thing first is if your funds are locked to that gambling platform, you have no choice but to undergo KYC.

But on the other hand, the privacy could be in risk here which is a very red flag for most people who are concern about privacy especially if you are in cryptocurrency market.

[doomloop]

Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

It is a debatable question, no matter how hard to accept this fact it is still one way for casinos to verify user identity. I personally don't deposit as much as the amount that can be subject for KYC verification and it is not safe to share personal documents with third-parties. The same idea is true for some crypto exchanges as well. Maybe they use this method to scam big winners since it is rare to see complaints about the casinos which block user accounts that lost big.

Some casinos will ask you for KYC even if you haven't deposited a lot of money because they might suspect that you are not who you might pretend to be, they sometimes do it after seeing one's betting pattern or maybe if someone is winning a lot especially in sports betting. Some casinos even ask you to complete your KYC right after you make a deposit only to make sure you don't do something.

What I believe in is that if a person doesn't trust a platform with their personal details and documents, they should simply not gamble with them and find a platform that they think is trustable and they won't have any issues even if they are asked to complete KYC verification at any given moment.

[Fiatless]

is part of what we agreed when we sign up to play in casinos but lately I've been reading a lot of complaints
about casinos on how they accept their players' KYC, is it possible that they can decline a person's credentials even though he swore that he submit all the right documents and even undergo a video call to establish his identity?

Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

I have had some difficulties submitting my information to some platforms and it was not funny. I kept on submitting some documents and the organization failed to accept them. If a casino refuses to confirm or accept my registration I won't be troubled but if they start asking for additional documents if I get a big win, then they might be fraudulent. Reputable casinos will not ask for more KYC because they don't want to pay their customer. Any casino that asked for more KYC after a big win without genuine reason should be avoided.

Both parties the player and the casino can agree to do a mediation through third-party/parties. but do you think it has bad consequences if the third party proves the player is right in establishing his identity, then the casino's KYC is not reliable?

The reputation of the mediator is also very important. It might affect the reputation of the casino negatively if it is proven that their process is flawed because gamblers might avoid them. This mediation is time-consuming and nobody will be pleased to go through these processes.

If the third-party proved that the casino is right but the player swore that he submit all the documents and is willing to do the extra mile to establish his identity, can we conclude that Casino's KYC procedure is different and we have the right to know how and what system they are using to decline our submission because we can be the next to suffer from this Casinos' KYC system?

Since it is the casino that chooses the third party it might be difficult to get a fair judgment. Trying to establish that the documents are real could lead the gambler to seek the counsel or services of a legal practitioner. It will even be more difficult if the casino company is not registered or have a representative in one's country.

[Davidvictorson]

Both parties the player and the casino can agree to do a mediation through third-party/parties. but do you think it has bad consequences if the third party proves the player is right in establishing his identity, then the casino's KYC is not reliable?

If the third-party proved that the casino is right but the player swore that he submit all the documents and is willing to do the extra mile to establish his identity, can we conclude that Casino's KYC procedure is different and we have the right to know how and what system they are using to decline our submission because we can be the next to suffer from this Casinos' KYC system?

This is my opinion about online casinos and the KYC process, why would you want to verify a Bitcoin player when cashing out when the entire point of playing in crypto is privacy. I think this is almost against the rules of using bitcoin option for gambling. And I know that I am not alone in this . Don't you think so? One encounter I had with a casino is that after I had requested my withdrawal of funds, it was then I was informed that my account was not verified even though I had my uploaded his driver's license, utility bill and a picture with ID upon signing up. When I  contacted Live support on chat to inquire further and the agent informed him that one of his colleagues will call him shortly to confirm his identity. I honestly see no reason for this when my payment method of choice was Bitcoin. After the call, my account was verified and I withdrawal was successful. It was terribly frustrating.

[TheUltraElite]

It’s better to choose casinos which don’t ask for KYC. Providing personal information for many people is still acceptable in order to get the profits, but the main problem arrives when the data is leaked or shared or just sold to other parties. This is the main reason for which many people hate this KYC thing. Moreover no site has ever shared publicly, how they verify a person’s KYC details and confirms it. So yes we are helpless here.

A lot of gambling sites initially start as non-KYC but within a year or two they change their stance. It leads to a public outcry but the memory of the public is short term and they move on.

Fact is that there many gamblers out there who do not mind giving their KYC to these sites either. So for the sites this is a safer group to cater to instead of those who might resist to give a KYC.

I feel that if you are concerned about KYC and identity theft and want to gamble regularly, you need to reach a middle ground. Keep changing the site every few years because new ones are always popping up or just accept and move on from gambling life, which is next to impossible for most of my fellow members.

[South Park]

Both parties the player and the casino can agree to do a mediation through third-party/parties. but do you think it has bad consequences if the third party proves the player is right in establishing his identity, then the casino's KYC is not reliable?

If the third-party proved that the casino is right but the player swore that he submit all the documents and is willing to do the extra mile to establish his identity, can we conclude that Casino's KYC procedure is different and we have the right to know how and what system they are using to decline our submission because we can be the next to suffer from this Casinos' KYC system?

This is my opinion about online casinos and the KYC process, why would you want to verify a Bitcoin player when cashing out when the entire point of playing in crypto is privacy. I think this is almost against the rules of using bitcoin option for gambling. And I know that I am not alone in this . Don't you think so? One encounter I had with a casino is that after I had requested my withdrawal of funds, it was then I was informed that my account was not verified even though I had my uploaded his driver's license, utility bill and a picture with ID upon signing up. When I  contacted Live support on chat to inquire further and the agent informed him that one of his colleagues will call him shortly to confirm his identity. I honestly see no reason for this when my payment method of choice was Bitcoin. After the call, my account was verified and I withdrawal was successful. It was terribly frustrating.

Casinos would love to go back to that system, but governments are pressuring them to comply with their laws, now a small casino may be able to get away with this for a time, but as it gets more popular and the amount of money moving in that casino increased then the government will make them to comply with threats of jail time if they do not, so instead of closing the casino as it would be the right thing to do, they decide to comply as the money is too good for them to give it up at the time.

[Wakate]

It’s better to choose casinos which don’t ask for KYC. Providing personal information for many people is still acceptable in order to get the profits, but the main problem arrives when the data is leaked or shared or just sold to other parties. This is the main reason for which many people hate this KYC thing. Moreover no site has ever shared publicly, how they verify a person’s KYC details and confirms it. So yes we are helpless here.

KYC casinos can be very frustrating with there terms and conditions and if we do not understand that before we registered on the casino, we might not get what we are looking because of the stress of submitting credentials and waiting for the team or customer care to confirm it. I will never suggest any person to subscribe to a KYC casinos because of the risk it could post to those of us that do not like our information and privacy to be with third parties. If our information is sold, we can lose our privacy because the mistake we made to use a KYC casinos to bet.

[Yatsan]

Been discussed for a long time. I'd still say I'm fine with providing and complying to KYC procedures, but ofcourse if it is percentage of assurance, I still have worries about it. My way to lessen the worry is to only engage with reliable gambling sites in this industry and not with new ones in the market. There won't be no 100% guarantee but atleast, it would be at less risk  right?

It’s better to choose casinos which don’t ask for KYC. Providing personal information for many people is still acceptable in order to get the profits, but the main problem arrives when the data is leaked or shared or just sold to other parties. This is the main reason for which many people hate this KYC thing. Moreover no site has ever shared publicly, how they verify a person’s KYC details and confirms it. So yes we are helpless here.

KYC casinos can be very frustrating with there terms and conditions and if we do not understand that before we registered on the casino, we might not get what we are looking because of the stress of submitting credentials and waiting for the team or customer care to confirm it. I will never suggest any person to subscribe to a KYC casinos because of the risk it could post to those of us that do not like our information and privacy to be with third parties. If our information is sold, we can lose our privacy because the mistake we made to use a KYC casinos to bet.

But what about other applications outside gambling sites? We are sending personal informarions right? Like with mobile banking and such. Yes that is under law authorities which gives us assurance, but still employees could have access into it so there's still a possibility of information breach. This is my take, from being with long existing casinos who are asking for Kyc, fortunately, no bad thing happen at my end.

[carlfebz2]

It’s better to choose casinos which don’t ask for KYC. Providing personal information for many people is still acceptable in order to get the profits, but the main problem arrives when the data is leaked or shared or just sold to other parties. This is the main reason for which many people hate this KYC thing. Moreover no site has ever shared publicly, how they verify a person’s KYC details and confirms it. So yes we are helpless here.

A lot of gambling sites initially start as non-KYC but within a year or two they change their stance. It leads to a public outcry but the memory of the public is short term and they move on.

Fact is that there many gamblers out there who do not mind giving their KYC to these sites either. So for the sites this is a safer group to cater to instead of those who might resist to give a KYC.

I feel that if you are concerned about KYC and identity theft and want to gamble regularly, you need to reach a middle ground. Keep changing the site every few years because new ones are always popping up or just accept and move on from gambling life, which is next to impossible for most of my fellow members.

Yeah, they are just trying to hook up when they are just still starting but dont get shocked on the time that they would be making out some changes which it isnt really that shocking since it is really that these platforms are centralized and regulated which means that even when they had just started up and if you do look up into their TOS then you would really be seeing that they are really that still asking for
those possible KYC if ever you had violated something within their TOS.

This is why when you do touch up something like these platforms then better prepare yourself on possible requirement but it wont really be something that you would get bothered because
mostly they would ask out for some KYC if ever you do make some huge hit (exclusive to those who are shady casinos) and to those possible violations that you had hit up.
We know that there's nothing we can do about it because you are the ones who had ticked out and agreed with those terms on the time that you had made out some registration.

[len01]

But what about other applications outside gambling sites? We are sending personal informarions right? Like with mobile banking and such. Yes that is under law authorities which gives us assurance, but still employees could have access into it so there's still a possibility of information breach. This is my take, from being with long existing casinos who are asking for Kyc, fortunately, no bad thing happen at my end.

anything that involves KYC will certainly be very risky that our privacy data will be sold or lost. but here we are talking about trust because if we comply with KYC procedures on a trusted platform such as a large and trusted popular gambling site, of course the team there is trying to take good care of our personal data and even though we send KYC data to the bank, of course the employees will also protect personal data us not to be abused.

well, here it is quite clear that our belief in the KYC system is only about trust.

[LUCKMCFLY]

Basically , if we base ourselves on what KYC means, it is something that we see as a requirement that comes from the governments and from the organizations that control us , and that alone is already angry, also giving our data and that they leaking is one of the fears that also occurs , so all this , even if very few see it , these things are for true control , for governments and for third parties, it is not Convenient for people to have their money and be untouchable, it has to be controlled to be able to Collect more taxes and have Everything under control , something like what happens in China.