How Much do you Value your Privacy in Gambling?

[Saisher]

This is not easy it is a choice between your privacy and the money that you're dreaming of having, my choice is will take a chance but withdraw only half of it since it is a new casino they are not yet in profit, I will also let them know that I have an active account here in Bitcointalk and will post a testimonial that I have received my payout but of course they need to have an account here, I don't want to spam the forum by promoting a casino that does not have an announcement here.

[Docnaster]

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.

Unless it's not an adult who's not eligible enough to gamble, I don't see any wrong for a gambler to submit his full details in other to be fully verified by a gambling company so his payment can be processed accordingly.
Gambling isn't an illegal engagement as far as the gambler has reached the age of 18 and above so providing a gambling company your full details in other to access your winning shouldn't be a big deal. 

[Peanutswar]

Actually this is one of the valuable things it consist of your information with your self that other people can be used with their illegal activity, there's a data privacy act that must need to submit by the gambling casino so any leakage of information from their users there's a sanction to them but i don't know if there's a case of it already.

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 like going for reputable sites. If I win $70000, I do not care about KYC but the money won and I will do KYC immediately. What can be the problem is for the gambling site not to be capable of paying the money, it can not be a scam site that will sell people's KYC to other people to use. Also in reputed sites that you have use KYC to verify before, not that they are better because any site can misuse customers KYC.

With this large number of amount wins i guess ill do KYC too lol, people have a different perspectives, they want to keep themselves anonymous and safe and some others they don't really care too because there's no really safe in the internet, we encounter as always spammers and scammers trying to reach out us every time even though we didn't give any information we don't know where it came from.

[robelneo]

It's unlikely that I'm going to play in a new casino without an announcement here or reviews coming from reputable sites, but if this happens to me I will delay my cashout and will ask Bitcointalk members first if anyone here received their cashout on the said casino and if they have scam accusations on review sites and on other forums, it's better to be safe than sorry, your winning will not disappear just because you delay your withdrawal.
I have doubts about newly launched casinos that they can cash out that huge amount of money, I will have to read their intention if they want to stay in this business for a long time.

Of course, the worst thing that could happen is you do a KYC and they delay it or accuse you of cheating so it's better to do your research and not gamble with your sensitive information, also check in their terms if KYC is mandatory for every cashout if there is a threshold then request a small amount, if they let you withdraw then its good and just withdraw your earnings if they proved that they are a reputable casino.

[Agbe]

This is very good thread to discussion about the privacy of gamblers and I casino representatives should also participate in the discussion and also see others comments so they can see different feeling from gamblers. Normally the way I looked at it, gamblers have no privacy in casino because even if they (gamblers) are trying to be anonymous the casinos would like to ask the KYC and the information given to them is not only only in the database but also in the support term, and if the support term decide to leak the information then your information are no longer privacy. just like a popular saying on social media that "you friend told me not to tell you what you told him" and whenever I remember this statement, it makes me laugh  . The secret is always is within you and once you tell another person then it is no long secrete. Therefore, giving your information to a casino is no longer a privacy again.

[Westinhome]

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.

Gambler will try to play the gambling with out the KYC,because they will try keep their identity hidden to the gambling website itself.The gambling allow the gambler to withdrew the big win after the kyc verification,it’s the process in the gambling.But some gambler will escalate the gambling site by this action,actually the gambler had forgot the fact the gambling sites asking KYC is just the procedure.You also providing the personal detail in personal to the gambling sites.So your information will be totally in the safer side.Only few gambler will ready to do the procedure describe by the gambling sites at the time of verification.

[Jemzx00]

I do value my privacy and avoid doing KYC as much as possible not only on gambling platforms but rather in most online platforms such as trading or crypto websites.

However, if I won a significant amount with just my usual bet amount per gambling session such as the amount mentioned, then I might try to double check the platform before proceeding with KYC verification specially that gambling platform is fairly new.

[ralle14]

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.

My answer is the same as most gamblers, and i'll submit my KYC (all levels) to withdraw $70k worth of winnings if it comes down to that or walk away with nothing. Even if it's a new casino, that amount of winnings is always worth a shot when most gamblers win less than that and would try to look for ways to withdraw the money from their account. Casinos would rarely cause inconvenience for their players unless they have to do it for security reasons because i've seen a few casinos willing to delay their transactions only to avoid losses.

[uneng]

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?

Since I was playing at a casino containing such rules I would be already aware about the fact I had to delivery my personal informations any moment, if asked. So it wouldn't be an issue, due to it being already predictable to happen at some point. Someone who isn't willing to give his personal data to gambling platforms shouldn't be gambling on them, at first point. It's like wishing to go swimming, without getting wet on the process. Anyway, our private information is everywhere on this digital world. If a leak it's not going to happen through a casino, it will happen through a government's agency or your banking company. The best way to live nowadays is having nothing to hide!

[CryptSafe]

At first it is advisable for one to read Terms of Service before engaging with a casino so that in the nearest future if one wins big, there would not be any issues but the truth remains the same that whether KYC or no KYC, casinos are very funny sometimes and that is when a gambler wins big on a casino the gambler should expect to see the casino in action to start demanding for documents wether KYC free or not.

If I were to be the one, since I have been playing on that casino and have been recording losses, I don't think I would leave such, looking at the amount involved and the previous loss I have recorded with the casino. Maybe luck just shine on me for compensation for what I have lost. Since they need KYC I'll do it and walk away with my money and never return to the casino again because doing that, it might likely be difficult for you to win a game there again so it is best you do the KYC take your money and leave the casino for good.

[qwertyup23]

Well when it comes to gambling, I value my privacy as much as my security. That is why, I am somehow hesitant to share my personal information (or KYC) to gambling websites that are relatively new in the space. Even if the latter has better rewards than your traditional online casino, I still value my personal information higher.

This is the reason on why I mostly gamble on gambling websites that have a well-known reputation in the cryptocurrency world. This means that I am at least assured that my information is kept with secrecy and privacy- and that is my only guarantee in which I am hoping for.

[RockBell]

At first it is advisable for one to read Terms of Service before engaging with a casino so that in the nearest future if one wins big, there would not be any issues but the truth remains the same that whether KYC or no KYC, casinos are very funny sometimes and that is when a gambler wins big on a casino the gambler should expect to see the casino in action to start demanding for documents wether KYC free or not.

If I were to be the one, since I have been playing on that casino and have been recording losses, I don't think I would leave such, looking at the amount involved and the previous loss I have recorded with the casino. Maybe luck just shine on me for compensation for what I have lost. Since they need KYC I'll do it and walk away with my money and never return to the casino again because doing that, it might likely be difficult for you to win a game there again so it is best you do the KYC take your money and leave the casino for good.

Many people have trouble reading the terms and conditions because I'm occasionally lazy to do so, but I've since learned my lesson. It's crucial to know the company's policy because if you win big, they might ask for documents that were mentioned in the terms and conditions but were overlooked by the user. And from this or anyone encounter any problem with casinos they would want to blame the casino forgetting it is them that did not pay attention.

And if not for our greed once I have encountered to many problems I will just withdraw my funds, having to much record of loses is not good so, and with this record I will rethink my action and do what is best for me.

[yahoo62278]

I personally dislike KYC as it is way too invasive. I would rather sign up for a casino, deposit, play and win or lose, be able to wd if I won. We have seen many examples of casinos not keeping our info safe, so there's no way I am giving them anything.

I would choose not to play on a casino if KYC is mandatory.

[avikz]

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.

70 grand is definitely a significant amount in my country and definitely a life changing one. I personally will pay off my mortgage and will still have a good amount of money in hand which will give me a decent passive return if I am able to invest it wisely.

So personally I will go ahead and do the full KYC with the casino. But there will be some sanity checks done by me before I do that. I will read every possible reviews available in the internet and read through the discussion in this forum. If I am satisfied, I will go ahead with the KYC.

[Fivestar4everMVP]

I personally dislike KYC as it is way too invasive. I would rather sign up for a casino, deposit, play and win or lose, be able to wd if I won. We have seen many examples of casinos not keeping our info safe, so there's no way I am giving them anything.

I would choose not to play on a casino if KYC is mandatory.

On the context that a gambler is wise enough to only engage in gambling on casinos where KYC is not mandatory or even nonexistence, and they are trusted to keep to this no matter how much the gambler wins and is withdrawing, then thats a very good thing.

But for the regular gambler out there who probably does not have a lot of experience with how important KYC is, i highly doubt such gambler will be willing to give up such and amount of money just in the name of not wanting their private information out there, and if should assume you to be in that possible, then you must be a very rich man to willingly forfeit such an amount of money back to the casino for the same reason as i said above.

For me, that sum is too big to ignore sincerely  , i sure will give them whatever they want as long as i know that they would pay me my money, once i get the money in my wallet, i probably will quit gambling for live.

[noormcs5]

I personally dislike KYC as it is way too invasive. I would rather sign up for a casino, deposit, play and win or lose, be able to wd if I won. We have seen many examples of casinos not keeping our info safe, so there's no way I am giving them anything.

I would choose not to play on a casino if KYC is mandatory.

Once you do the KYC at any site, whether it is gambling casino or a trading exchange, there is no grantee what would be the fate for our KYC. The documents are with them and they can use it whatever way they want. Its not about that the casino is trusted and they won't misuse it. How about any individual with access to the KYC data in that casino or site can use our documents illegally.

If anyone makes up his mind that he won't submit his KYC at any site, it will just limits his choices of the gambling sites where he can gamble as many of them will want the KYC to be mandatory.

[Wakate]

This is not easy it is a choice between your privacy and the money that you're dreaming of having, my choice is will take a chance but withdraw only half of it since it is a new casino they are not yet in profit, I will also let them know that I have an active account here in Bitcointalk and will post a testimonial that I have received my payout but of course they need to have an account here, I don't want to spam the forum by promoting a casino that does not have an announcement here.

Choosing between gambling and private is Something we need to choose or we can stay in between. We still have the opinion to keep our privacy partially when we use non KYC casinos to gamble always which can keep us safe from our privacy being leaked to the public. Privacy is something we need to keep our eyes on because it can be very difficult for us to for to use different casino which non asking us for KYC whether it's a simple one or complete. There are some persons that do not care about privacy since the can always make money from betting to take care of there needs.

[CryptSafe]

At first it is advisable for one to read Terms of Service before engaging with a casino so that in the nearest future if one wins big, there would not be any issues but the truth remains the same that whether KYC or no KYC, casinos are very funny sometimes and that is when a gambler wins big on a casino the gambler should expect to see the casino in action to start demanding for documents wether KYC free or not.

If I were to be the one, since I have been playing on that casino and have been recording losses, I don't think I would leave such, looking at the amount involved and the previous loss I have recorded with the casino. Maybe luck just shine on me for compensation for what I have lost. Since they need KYC I'll do it and walk away with my money and never return to the casino again because doing that, it might likely be difficult for you to win a game there again so it is best you do the KYC take your money and leave the casino for good.

Many people have trouble reading the terms and conditions because I'm occasionally lazy to do so, but I've since learned my lesson. It's crucial to know the company's policy because if you win big, they might ask for documents that were mentioned in the terms and conditions but were overlooked by the user. And from this or anyone encounter any problem with casinos they would want to blame the casino forgetting it is them that did not pay attention.

And if not for our greed once I have encountered to many problems I will just withdraw my funds, having to much record of loses is not good so, and with this record I will rethink my action and do what is best for me.

Of a truth many people find it difficult reading terms of service. They feel it is a waste of time as most times it is very lengthy to read. So for that some people skip it straight to getting registered. I have had such experience until I had an encounter, that was when I started taking my time to read terms of service if such project interests me to look into.  

People just ignore and assume the terms of service would be flexible with them not until they records a big win, that is when they realise they had made a mistake by not fulfilling their own part of the agreement by then if it a terms with time line unset from registration probably they must have missed it and for that reasons might forfeit their wins or otherwise. One just need be sensitive to terms of service for their own interest and safety before proceeding with any casino.

[Yatsan]

With the given scenario, I would probably aim to claim my winnings and that included following KYC Procedures. Well, I do value my privacy as a gambler but on the same extent, it is the same reason why I do only play on popular and reputable gambling sites. Well indeed there’ll be no assurance that risks concerning my privacy might take place however, do I have any other choice? For sire I won’t let that money go. You already win and the requirement is already there; best thing to do is to just comply and if you’re not comfortable with it then avoid playing to that platform after you claim your prize. From being in this industry for years, I have never encountered problems related to KYC Compliance and that is probably because the platforms I usually engage myself with has a reputaion and for sure they won’t throw it for such small amount in comparison to how much they are earning to most of its players.

[macson]

snip

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.

If i win big at a new casino and they require me to do KYC then of course big doubts will come over me, i will definitely immediately rack my brain and do a little tricky thing to keep my privacy safe, that is by paying someone to do KYC for me.  i don't easily trust casino gambling sites that are relatively new, of course their system is still not well conceptualized and also the money they hold is not necessarily that much, rather than exposing my personal data to their site, it's better for me to pay someone a little money and do it KYC for me ^{(just my thoughts, don't copy it lol)}