How Much do you Value your Privacy in Gambling?

[Zlantann]

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.

The terms of service should be the binding document in such a situation. If it stimulates that gamblers should do KYC verification after a certain amount is won, then it is a worthy process. But if the casino just came up with this policy because of this win, then it is suspicious. But $70,000 is too big to be forfeited because of KYC. However, It is better to use a reputable casino because such an amount is too small to make them tarnish their hard-earned reputation.

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.

Doing research on the casino before betting is like leaping before watching. The first step to take before using any casino is to search to check the reputation or history of the betting platform. After a big win, you are at the mercy of the casino and you have to do whatever they say to withdraw your big win.

[Sandra_hakeem]

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?

Do you have a choice ?? If you actually won a game already on the site, what's the point of retracting? When all you gotta do to is agree on providing these valid informations?...you don't even have a reserved right to argue about that mhan..
Sometimes in life, you gotta look beyond your boundaries just to get what you want... Cus the reality is - nobody cares... Doing what's obtainable in life for every organisation is imperative.

Sandra 🧑‍🦰

[goldkingcoiner]

I tend to value my privacy in all areas of life, not only in the ever-growing gambling sphere. I also think that nobody should be as relaxed and ignorant as you be giving away their own freedoms so easily. Privacy is a core freedom which should never be given away.

Getting your freedom to privacy back is infinitely more difficult than keeping it.

[knowngunman]

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.

Such amount is huge that I can not just forfeit for the casino just like that. I understand the importance of my privacy and I value my privacy a lot but winning such amount and forfeit it for privacy sake will be a mistake to me. If you have not been engaging in any suspicious act, I think you have nothing to fear in providing your identity. He whose hands are clean has nothing to worry about and besides we have been providing our identity to commercial banks. Some of these banks stop to function after some years while some are still functioning and nothing is happening regarding the personal information we share with them. I don't see any tangible thing casino can do with ones identity information other than tracing if you involved in questionable acts. I will provide the casino my identity if necessary to withdraw such amount.

[coolcoinz]

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.

For that amount of money, I'd go through verification and risk my private data being stolen.
In my country, I can easily change my ID, claiming that I lost it. It costs something like $20 in fees and takes a week to process and I get a new one with a fresh picture and all.
For $70k it would be worth for me to even close my all bank accounts, or rent a flat somewhere to be able to fake a proof of residency.

Anyway, there are options to safeguard your identity if it's a one time only KYC for a lot of money.
I'm against KYC most of the time and I've never done it for low amounts of money, but for more than $70k, I would do it. Too much money to let it go.

[bbigtart]

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.

Personally, in a situation like the one you describe, I would do KYC for the $70k withdrawal requirement. Firstly, of course this is not a small winning amount. If the gambling site requires me to do KYC, I will do it.

However, according to the applicable regulations, before carrying out KYC, I will check again whether this gambling site is trustworthy or a scam. That's why it is very important that before gambling we must be really careful in choosing a gambling site so that at times like this we hesitate to carry out KYC.

[shogun47]

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.

If I decide to gamble, doesn't it make sense that I do it because I hope for the little chance to become true and I can hit the jackpot? If I decide to avoid KYC at all cost from the very beginning, why would I decide to gamble at all? There is really a contradiction although I understand what you are talking about. But when I deposit money at a casino, I am also prepared to provide all required info in case I hit a massive jackpot. There is a lower limit though and I would probably not provide KYC for $100, but for the reason that the casino advertised to be rather non-kyc when then they play the KYC card. That alone would be suspicious.

[rahmad2nd]

~~

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.

First of all, I don't have the right answer to the question you asked. second, the point we discussed when we won at the new casino we played at. Then, we are required to fulfill every verification by one of the new casinos as a condition for withdrawing money from the results we win in our gambling sessions. Well, actually it all depends on each gambler. If they deem it appropriate to carry out verification, in return we can withdraw the winnings we get. So, it's back to the game for every gambler. Yep, like I said above. Honestly, I don't like the option of saying something that hasn't actually happened yet. So, we are here just speculating or assuming.

But okay, I will try to answer according to my version. Before I decide to get involved in a casino, even a new casino, as usual we have to take the first regulatory steps to ensure that we are playing in the right casino even if it is a new casino. which means, taking action to do research first whether the casino can be trusted as if it has material that is compatible with casinos that already exist and can be trusted. if so, someone may be eligible to carry out such verification.
anyway, there's no harm in it. It's just that, because we already have the most favorite and very trusted casino with the reputation they have. Should we try to play at a new casino, which has not been proven to be trustworthy or not? So ideally, I would still choose a casino that has become our favorite rather than having to do verification again and not necessarily guaranteeing that we can withdraw the money we win.

[Davidvictorson]

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?

If a anybody is worried about their privacy, then they shouldn't be using any device that has internet connectivity. So long you can connect to the internet, you have given up your privacy. Any gambler who values their privacy shouldn't register to play at any online casino. They should just stick with brick and mortar which doesn't guarantee any privacy too. We gave up our privacy the moment we logged in to the computer and registered on the casino website.

[Oilacris]

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.

Majority will definitely be passing up their documents or simply to comply with those verification process specially if we are talking about a significant win on which it could really be potentially that changed up your life or something  that do really make a huge use for you and you wont really be caring about being anonymous or what. First things first, would you really be that considering on making up some huge deposit on a new gambling site? i highly doubt that you would really be doing such thing but if you a just betting some few hundreds and hits up some jackpot then this is where things that making you worry which just like been said that not all new sites turns out to be legit. There are really those places which ends up on being scam after some users do hit up some jackpot.

This is why it would really be always raises up that question whether you would be getting paid or not basing up into that sites or platforms reputation on which we cant really be
able to tell whether it would really be that legit or not. In regarding on the main question then 90% of us would definitely be that passing those verifications no matter what
as long we could really be able to get that winning.

[Renampun]

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?

If a anybody is worried about their privacy, then they shouldn't be using any device that has internet connectivity. So long you can connect to the internet, you have given up your privacy. Any gambler who values their privacy shouldn't register to play at any online casino. They should just stick with brick and mortar which doesn't guarantee any privacy too. We gave up our privacy the moment we logged in to the computer and registered on the casino website.

I agree with you, when we are connected to the internet our privacy is really no longer safe, but what OP discussed is actually very different from what you said, OP said what would you do when a new gambling site wants your personal data? you win big to make a withdrawal, to be honest I will definitely do the KYC, I'm not too strict with my personal data, even my personal data in the government might have been exposed so that's why not do the KYC to make a withdrawal, if it's a gambling site was cheating so I just surrender, there's nothing I can do, I just bet for it.

[Frankolala]

Currently most reputable casinos ask for KYC verification and any casino that you are gambling on that don't ask got KYC verification, will definitely ask when you win big amount of money like the amount that you stated OP. I don't see why KYC verification should be a problem for one to provide for him to claim his wins.

I will provide them with my KYC verification is the casino asks for it to be done before I can make withdrawal, who knows if I wouldn't be lucky to win such huge amount again, and I will just let it go like that because I don't trust the casino NO. This is the reason why you must gamble in a reputable casino so that you can rest be assured that you documents are safe.

[salad daging]

If the total capital is $100 then winning above $70K then it is clear that the casino will ask for verification of our documents to prove our authenticity in gambling is violating the rules or not, but I believe that many will do KYC verification rather than allowing it, it's a matter of money with a large amount of money especially $70K some do not care about their privacy because money is more important.

Regarding new or not reputable casinos, maybe some will try to convince themselves that they can withdraw all their winnings, but sometimes when they have provided documents but withdrawals are not processed, that is the problem that some gamblers will get angry because they feel cheated.

I myself will research the casino site, if it is convincing then I will do KYC verification.

[Dunamisx]

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 will go ahead in providing every required informations needed in other for me to be able to make withdrawals of my money, if i don't then i should as well forget about it because they can never come down to my own request than when i go by theirs, didn't i know that such is KYC gambling casino before using them for my betting, i would have gone for one that does not require kyc right from the start.

[Quidat]

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?

If a anybody is worried about their privacy, then they shouldn't be using any device that has internet connectivity. So long you can connect to the internet, you have given up your privacy. Any gambler who values their privacy shouldn't register to play at any online casino. They should just stick with brick and mortar which doesn't guarantee any privacy too. We gave up our privacy the moment we logged in to the computer and registered on the casino website.

I agree with you, when we are connected to the internet our privacy is really no longer safe, but what OP discussed is actually very different from what you said, OP said what would you do when a new gambling site wants your personal data? you win big to make a withdrawal, to be honest I will definitely do the KYC, I'm not too strict with my personal data, even my personal data in the government might have been exposed so that's why not do the KYC to make a withdrawal, if it's a gambling site was cheating so I just surrender, there's nothing I can do, I just bet for it.

Exposed identity then yes, we've been long time had already been able to exposed ourselves when it comes to our information which its really that even into our daily living and dealing up with those typical information filling up onto those casual transactions physically then we had already that our information exposed.Then dealing up with something online and putting up those information
wont really be that an issue.There are people who are really that strict when it comes to their identity but there are ones who dont really care.

Just like the rest been saying on here that if the situation that do happens on this time then i would definitely be that not minding about passing up the KYC as long i could be able to
get that huge win then it wont really be an issue. If they wont really be giving that winning amount because they are scam then just simply move on but of course
you should really be needing to fight on your right since you've won it but of course when it comes to legitimacy then every new platform doesnt guarantee
that you are dealing with the right or legit stuff.

[Vaskiy]

If the terms and conditions state the KYC of all levels to be verified, then I'll do it. If they hadn't mentioned anything on the terms and conditions, all of the sudden if they request for fulfilment of all levels of KYC then I'll think twice. However when big money awaits surely I'll complete the KYC to cashout the winnings.

If you ask the question to the gamblers for their reason to use cryptocurrency into gambling. The prime reason will be the privacy as most of the people who gamble doesn't want things to be exposed to the outer world.

[Gozie51]

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 70,000 and KYC is required before I withdraw the money, it depends on how much I'm allowed to withdraw if it is by installment.

So there is three scenerios for this, if the withdrawal is substantial then I will render my identity as KYC.

If the withdrawal is in full or unlimited then I will not hesitate even as I can abandon the casino after withdrawal if I can be sure they are shady

Then lastly, I won't do the KYC if the money to be allowed to withdraw is very poor.

[virasog]

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 70,000 and KYC is required before I withdraw the money, it depends on how much I'm allowed to withdraw if it is by installment.

So there is three scenerios for this, if the withdrawal is substantial then I will render my identity as KYC.

If the withdrawal is in full or unlimited then I will not hesitate even as I can abandon the casino after withdrawal if I can be sure they are shady

Then lastly, I won't do the KYC if the money to be allowed to withdraw is very poor.

Are you talking about 70,000$ ? I don't think any site will let you withdraw this amount with the KYC. In most cases, the newly built casino may never approve your KYC when they come to know that you have 70,000$ amount in your account that you want to withdraw after successful KYC.

I don't think anyone will leave this amount with the gambling site and not opt for the KYC. For most people, money is more important than their KYC documents.

By the way, even if you abandon the shady casino after doing the KYC, the casino will keep your KYC data even if you close your account.

[maydna]

If the casino is recommended, perhaps I will do KYC to withdraw my winnings. Trusted casinos will not cheat their members who have done KYC because the casino has checked their documents, and if the casino upgrades its status to verify, that means the casino trusts us so that we can withdraw the winnings. But if the casino were new, perhaps I would think twice about doing KYC because I don't want the casino to do something bad to my documents. I would rather lose the money than have to do KYC, especially if I don't know much about the casino because of the lack of information I can get.

[stomachgrowls]

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 70,000 and KYC is required before I withdraw the money, it depends on how much I'm allowed to withdraw if it is by installment.

So there is three scenerios for this, if the withdrawal is substantial then I will render my identity as KYC.

If the withdrawal is in full or unlimited then I will not hesitate even as I can abandon the casino after withdrawal if I can be sure they are shady

Then lastly, I won't do the KYC if the money to be allowed to withdraw is very poor.

Are you talking about 70,000$ ? I don't think any site will let you withdraw this amount with the KYC. In most cases, the newly built casino may never approve your KYC when they come to know that you have 70,000$ amount in your account that you want to withdraw after successful KYC.

I don't think anyone will leave this amount with the gambling site and not opt for the KYC. For most people, money is more important than their KYC documents.

By the way, even if you abandon the shady casino after doing the KYC, the casino will keep your KYC data even if you close your account.

So thats a double loss,right? This is why it would really be always recommended on making up some research first before making deposit on any site even if we do say on depositing a few hundreds then it wont really be still giving out that probability that you wont really be able to face up some issues specially on the time that you do hit up some huge wins. Dealing up with non popular or new site will really always having that risks for you not to get paid out on the time that you do win big and its true that people would really be valuing money rather with their own idnetity and even myself would really be no doubt on complying KYC as long i could get that
$70k winnin on which it is already that big or significant if its converted into our own local currency which you could already buy a car and make a house with that amount.

So it isnt surprising that majority will really be doing their best or doing all they can as to comply things that being asked just to get that amount no matter what the cost
but in the end if you are dealing with a scam site then it would really be just that hopeless and ending up on having none.
So its really that important that you should really be that making out deposits into those known sites or to those reputable ones so that you wont really be
experiencing such problem if ever you do make a big hit.