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Author Topic: How Much do you Value your Privacy in Gambling?  (Read 900 times)
Wexnident
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October 20, 2023, 11:31:34 AM
 #21

~
Hmm kind of a scary scenario. I'd probably do some background research first, heck might even ask a lawyer advice on what to do and whether the company is legit enough or not for me to risk it. I'm usually open to the idea (aka I don't mind KYC), but only on reputable casinos that I trust. Well, this is the reasonable me speaking here. If it was the "fuck it that's money" me, then I'd 100% do the KYC immediately, possibly rant about how slow their process is, and then rage on them when they say that I failed their KYC.

All in all I'd probably say I'd go for it. Regardless of how much I say gambling is for fun, $70k is $70k.

R


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October 20, 2023, 11:36:14 AM
 #22

It depends on the casino we play at, sometimes I also play at new casinos but just for small bets to try my luck there and maybe it's completely free from KYC, just fill in a little information about my personal data and I'm not asked to give my identity, but I'm more active in the casino is big and has a big reputation so it's no problem to complete the full KYC if I win big why not because it's for the money and can withdraw it to enjoy.

I'm not not respecting privacy but it's included in the rules of the game so why should I reject it, after all it's stupid gamblers who still respect privacy but try to play at a casino that stipulates KYC, the requirements still have to be respected so never consider it a big problem as long as you have it high reputation because I must have read the rules and didn't mind the requirements even though I was only a small gambler and never won big money. so it doesn't really provide full KYC at the casino. This is not just about assessing KYC with money, but don't be someone who is lazy about reading casino requirements so you don't get trapped because of this KYC.  Grin

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October 20, 2023, 11:37:30 AM
 #23

I never KYC in casinos that i do not have some trust in. There is almost nothing i can win there that would be worth more than me exposing all my personal details. This is why i usually only play in a few of the larger casinos (if i expect to win that is).
When i play in these smaller casinos (usually for testing) i never expect to withdraw. Even if i win a few hundred i ask teh suppot if it can be done without KYC, if not, i rain it or just yolo it. I would NEVER KYC for a random casino.
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October 20, 2023, 11:48:56 AM
 #24

So, for some days now, I've had this thought of "how much some people really value their privacy in gambling", like as a gambler, you signed up on a new casino and immediately, you are allowed to deposit and play without going through a KYC verification process like we do on some casinos immediately after registration.
You start playing and luckily, you won a significant amount of money.

I know the word "significant" can mean different values for different gamblers, so let's use figures i personally think are significant and capable of changing lives.

So, let's assume you luckily won anything as from $70,000 and above with a total bet below $100, and to withdraw this money, or even part of it, the casino requires you to pass all levels of verification in their system, which means that you will have to provide them all your personally information down to the most private of them all, and this casino is relatively new and you are not sure about their reputation.

Will you go ahead and provide them all they require from you for account verification, so they can process your withdrawal request, or will you willingly forfeit such amount of money back to the casino on the account that your private information is more expensive than that amount of money you have own from them?

I love to read your thoughts on this.
I value my privacy when it comes to gambling. Because my privacy is most precious to me. But if I won a huge amount of money in a casino and if there is verification of all my personal information to withdraw that money then of course I will verify my personal information in that case. Because no casino company can do any damage to my personal information which will cause me great loss. I think they can take my ID card, bank statement, and electricity bill information in case of account KYC. In this case I will never keep a secret but I will keep my gambling and betting winnings a secret. And I really need to keep all these things secret. Because in my country there are severe administrative penalties for gamblers and the people of the country look down on gambling.

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October 20, 2023, 11:50:33 AM
 #25

So, let's assume you luckily won anything as from $70,000 and above with a total bet below $100, and to withdraw this money, or even part of it, the casino requires you to pass all levels of verification in their system, which means that you will have to provide them all your personally information down to the most private of them all, and this casino is relatively new and you are not sure about their reputation.
If there is any possibility that I could run into any of these in a casino that I choose to gamble at, and there is no reputation to check how credible their service is, if my data will be secured in their hands or not, or even the assurance that after passing such verification I will be allowed to withdraw my winnings,
 
It will take me sometimes to think and decide on what to do next, but the truth of the matter is that I will end up giving it a try, because if there is any chance of me getting that money out of them, I will have to give them that benefit of doubt, and one way to confirm how legitimate they are is to pass that KYC and see if I will be allowed to withdrwal my winnings or not, because if I don't pass that KYC verification, I will never be allowed to withdrwal, so if there is any chance without thinking about the privacy implications, I will have to give it a try.


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October 20, 2023, 11:54:05 AM
 #26

If you don't trust the casino enough to give them your information if and when you win big then I would never play there to begin with.  Is'nt the whole point of playing those long shot odds to win the "big one".  Pretty simple to me no trust no play period.  I'd recommend the same for anyone else too.

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October 20, 2023, 11:56:22 AM
 #27


Will you go ahead and provide them all they require from you for account verification, so they can process your withdrawal request, or will you willingly forfeit such amount of money back to the casino on the account that your private information is more expensive than that amount of money you have own from them?

I love to read your thoughts on this.

I seldom play in a new casino but if this happens and the amount is very huge and you ignore it you will have something to regret for the rest of your life, I can wait for a period of time until they establish their reputation and its safe to do KYC, so I can withdraw my winnings, there is no need to hurry and I don't think they will force you to withdraw your winnings and ask you to do KYC.
If it is possible to withdraw a small portion of my winnings without doing KYC, then I'll take that option, the only thing that you need to worry about is that you play all your winnings which could result in losing everything.

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October 20, 2023, 12:00:59 PM
 #28

If you don't trust the casino enough to give them your information if and when you win big then I would never play there to begin with.  Is'nt the whole point of playing those long shot odds to win the "big one".  Pretty simple to me no trust no play period.  I'd recommend the same for anyone else too.

Hard to settle up on something we don't like that's the reason why we shouldn't buy those stint by new casino claiming that they will not require this KYC to their clients since this is just for marketing and would provably ask on e a player could able to win a large amount of money and this is how the risk start on our end.

Its important for us to know which casino is reputable so that we can assure that we are safe and no further question will be ask since we are now willing to submit our Kyc since they are trusted casino. So for other they shouldn't settle for less since there are the best casino exist and more reliable to trust rather than gambling for another time if we will get a problem with them or not.

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October 20, 2023, 12:02:42 PM
 #29

A lot! Privacy Is a must in any aspect of the Life in my opinion.
There are many many reason that requires to share only some bets or some strategies.

In my country (Italy) legal bookmakers are fully traced so its useless try to make some "tricks" without declaring wins or using doubtful funds.

Morover its better not share the passion of gambling with close friend: likewise ... you're betting so much and can't offer a loan or etc etc....?!?

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October 20, 2023, 12:09:36 PM
 #30

I prefer to gamble on a trusted site and I am willing to do KYC if necessary.
But in the situation that you have cited OP and assumed that I won $70,000 from a new gambling site, I should have to think about it deeply before making a decision. It was really a huge winning and the temptation is there but we also think what if after KYC they will block you and never send you money for some allegation like -cheating? No way to take back our info there and that is one reason why we should choose ONLY reputable sites as we believe that our personal information has been kept right.

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October 20, 2023, 12:11:25 PM
 #31

If you gamble in a centralized casino where you need to sign up or open an account, it's mean you're already share your identity, at least your IP address, email address, username and the Bitcoin address you use.

The only way to stay anonymous during gambling is the site is supporting Tor, which I still not find such trusted casino that support Tor.

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October 20, 2023, 12:21:49 PM
 #32

I don't know if this will make sense to anyone but if I were to describe my valuation of my privacy, I would compare it to someone who would choose a shady casino that doesn't do any KYC. I think that that's how intense I value my privacy. If I put it in simple terms, I'd rather risk my money than for some random entity online to have my information which I know that they're going to have a lot of use when they get it. Maybe my mindset of not being attached on material things helps me formulate towards that privacy valuation so this might not be making sense to others.
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October 20, 2023, 12:25:05 PM
 #33

     -   In real life, if I win $70,000 in gambling, I will give them everything they need, as long as I get that amount. That is a huge amount here in our country. Also, if I know that the casino is reputable, I will not regret giving my personal data information.

Because knowing that a reputable casino won't let them be ruined for just that amount in exchange for their ruin, there is a tendency to lose gamblers from their platform. So I won't mind if they find out who I really am, and besides, I'm not a wanted person, so it's fine.

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October 20, 2023, 12:43:43 PM
 #34

Snip
First, any casino that do this is not to be trusted and the intention might likely to deny you the money or make the conditions a little difficult to check if you will give up on the funds.
Aside that any casino that does this is not to be trusted, that it might be their way to try to make you give up your winning, i can tell you for sure that casino di this a lot, that is, they allow gamblers to deposit and play without KYC verification, but would request or ask the gamblers to pass KYC before the gambler's withdrawal request will be processed. This is something i believe a lot of us here can bear witness to, since it is not something that is peculiar to online gambling casinos alone, but used to be very common with some crypto currency exchanges as well.

Though i must confess to the fact that this kind of attitude have greatly reduced in casinos, but between 5 casinos that a gambler is playing on without passing KYC verification, one or two of that casinos will or may likely do this if the gambler wins a substantial sum of money and wants to withdraw it.


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October 20, 2023, 12:50:32 PM
 #35

I think that the answer to that question is best known by those who lost their privacy because their personal data was leaked somewhere, or even more so by those who became victims of identity theft or perhaps even targeted physical attacks due to the leakage of personal data.

For someone, personal data may be worth a profit of $70k, for someone else it is worth much more than that. I assume that for those who are passionate gamblers and want to do it from the comfort of their own home, there is no choice when it comes to privacy - some others will find a physical casino and all they have to do is prove that they are old enough to gamble.

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October 20, 2023, 12:50:57 PM
 #36

If you gamble in a centralized casino where you need to sign up or open an account, it's mean you're already share your identity, at least your IP address, email address, username and the Bitcoin address you use.

The only way to stay anonymous during gambling is the site is supporting Tor, which I still not find such trusted casino that support Tor.

Would the IP, email, and username matter to the casinos or the KYC documents?

Because you can definitely just use someone else internet connection and throw away email for the purpose of playing on casinos.  But sending government IDs is totally different from what KYC files for they can know exactly where you live and even your siblings. I'm sure many of us are not ready to share those info but because they are not very conscious about it, some of us are just not minding it and send IDs.


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October 20, 2023, 12:51:10 PM
 #37

Before submitting KYC I think we have to check first the legitimacy of any casino sites we are planning to get in. Privacy is one of the important thing we need to consider when interacting with gambling sites. This is also the reason why I myself usually don't play online gambling sites before because of KYC. I only gamble with lottery in an outlet. If ever I won the $70,000 pot on an online gambling site I will make sure it is legitimate before handling over my personal information as a requirement for withdrawal.



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October 20, 2023, 01:11:34 PM
 #38

Still playing on a centralized services such as casino that has a clear statement about potential KYC in the future means you are already surrendering your privacy to the casino win or lose.

People that value their privacy shouldn’t be using any kind of centralized services all of them automatically stole it from you the moment you register and deposit unless you don’t have any plan on withdrawing your money out of the services at all. With this knowledge in mind, I believe I will submit my KYC to have a shot to my profit since I’m already prepared to submit KYC the moment I use the casino.

Denying to the win just to avoid KYC doesn’t make sense since why you are playing on a casino at all that has a potential KYC requirements on their terms.

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Awaklara
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October 20, 2023, 01:12:14 PM
 #39

Will you go ahead and provide them all they require from you for account verification, so they can process your withdrawal request, or will you willingly forfeit such amount of money back to the casino on the account that your private information is more expensive than that amount of money you have own from them?

For me, privacy is important, but for some platforms I don't really care about the KYC I do.
but in the case of a new casino, I usually do a test first for deposits and withdrawals. especially when we claim the bonuses usually given by new casinos. a few spins and get a win, try making a withdrawal. If it is successful and smooth, I will continue using the casino, even though I have a favorite casino.
if the case is a big win, although I have never had anything like that from a new casino. What is clear is that we have to look for information regarding their reputation. If so and you don't have any problems with the privacy and KYC data requested, just do it. That's a big win, it definitely also affects your psychology in making decisions.

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October 20, 2023, 01:21:25 PM
 #40

So, let's assume you luckily won anything as from $70,000 and above with a total bet below $100, and to withdraw this money, or even part of it, the casino requires you to pass all levels of verification in their system, which means that you will have to provide them all your personally information down to the most private of them all, and this casino is relatively new and you are not sure about their reputation.

Will you go ahead and provide them all they require from you for account verification, so they can process your withdrawal request, or will you willingly forfeit such amount of money back to the casino on the account that your private information is more expensive than that amount of money you have own from them?

First of all, why would I play in casino that I have no idea about the reputation? Even if for small deposit, I would not do it in unknown casinos.
Secondly, 70k is a huge amount for those who live in 3rd world countries like me so I'll do follow the steps asked by the casino where I play (of course reputable casino) in order to withdraw the $70k.
Last but not least, if it happen accidently that I played and won that big amount of money in a non reputable casino, I'll do more researches first before providing by personal documents.
If I can find some valid information that the casino is doing bad things with KYC (to reject withdrawal even after KYC is done), probably I'll not do it but it is still worth to gamble (do the KYC) because we never know if we dont try.

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