How Much do you Value your Privacy in Gambling?

[sokani]

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've about $100 trapped in an exchange for more than a year that I have forfeited because I refused to perform KYC with the exchange. $70,000 is indeed a significant sum and a life-changing amount of money. I really do value my privacy but if I happened to win such amount of money on an online casino, I would go ahead with the KYC, if after checking the casino reputation and all boxes ticks. I would also learn a valuable lesson not to trust any casino and to always read their terms of service carefully before signing up.

[Kakmakr]

I make sure I add something to the verification documents to track back the source, if that information is re-used by the receiver. That way, I can use that as evidence in a court case, if I have to do that. (water marked or changed back drops or small text or markers)

You do not have any guarantee that they will not misuse your information or that they will track you down, but you can protect yourself, if they misuse that information.  

[redsun114]

Personally, I'm not a fan of doing KYC verification on a new platform, and it's not just about privacy but it's also about your personal information being misused if the platform turns out to be bad later on. There is one more thing that I'm always careful about, it is that I only join and use platforms that I know actually pay, so if it's a platform that I know does pay the winnings and I have won a life-changing amount in it, I wouldn't mind providing my personal documents in that case.

Privacy is important, for sure, but it's definitely not more important than a lot of things in your life, and not everyone can understand this but only those who don't have everything they need or want in their lives. So, I'm pretty sure that a lot of people would do it if the amount is life-changing for them.

[el kaka22]

I personally care about it enough that I am sure they will not share it with my government since it would be illegal for me to play in a foreign casino. If I trust that they will not share it with my government, then I am fine about it.

And 99% of the places do not share it, so I can easily give my KYC without a worry, it doesn't really change much and doesn't really end up making it any different, we just need to end up with something that would be a little bit different. I know that not a lot of people end up with something that would be a lot worse or better, we just need to end up with something that needs to be secret enough from outside sources. Me sharing it with the casino is fine, it would be not fine if they share it with someone else.

[Docnaster]

I personally care about it enough that I am sure they will not share it with my government since it would be illegal for me to play in a foreign casino. If I trust that they will not share it with my government, then I am fine about it.

And 99% of the places do not share it, so I can easily give my KYC without a worry, it doesn't really change much and doesn't really end up making it any different, we just need to end up with something that would be a little bit different. I know that not a lot of people end up with something that would be a lot worse or better, we just need to end up with something that needs to be secret enough from outside sources. Me sharing it with the casino is fine, it would be not fine if they share it with someone else.

One the terms and conditions of about gambling companies is never to share their customers personal data to any third party unless it happens that a customer involves himself in any illegal engagement in the company that requires them to provide personal information to a third party and most times the third party will always be a legal firm. So that's why I don't think anyone should be worried in providing their personal information to gambling companies except the person in question has in engaged in some illegal activities.

[Ojima-ojo]

$70k is a whole lot of money that i will not think twice before giving out my data for verifications, after all i won the money so i can drive a source of funds if authorities demand it, aside from that, I don't have any worries as regards to this because that amount is significant enough to the point that a lot and many will not also deny themselves of that.


So best practice is to stake a bigger amount in casinos that you feel comfortable with to the extent of being willing to go through with their verification process if need be.

[mirakal]

Alright, folks, gimme a sec. I gotta crunch the numbers and convert that 70k bucks to our local currency. So, based on my math, it's nearly 4 million pesos! I reckon I'm gonna have to go through the whole KYC thing, you know, it's like hitting the jackpot for me. I'm ready to say goodbye to my mysterious, anonymous self, let the gambling site know who I am, and get my hands on that sweet, massive win!

[noormcs5]

I personally care about it enough that I am sure they will not share it with my government since it would be illegal for me to play in a foreign casino. If I trust that they will not share it with my government, then I am fine about it.

And 99% of the places do not share it, so I can easily give my KYC without a worry, it doesn't really change much and doesn't really end up making it any different, we just need to end up with something that would be a little bit different. I know that not a lot of people end up with something that would be a lot worse or better, we just need to end up with something that needs to be secret enough from outside sources. Me sharing it with the casino is fine, it would be not fine if they share it with someone else.

One the terms and conditions of about gambling companies is never to share their customers personal data to any third party unless it happens that a customer involves himself in any illegal engagement in the company that requires them to provide personal information to a third party and most times the third party will always be a legal firm. So that's why I don't think anyone should be worried in providing their personal information to gambling companies except the person in question has in engaged in some illegal activities.

How can you be sure that the KYC data stored at the gambling sites is secure with them and they may only produce them to a legal firm on demand? Why can't they misuse the data without even us knowing about it? There is no guarantee of our KYC data as to how it may be used. Yes, we can trust the gambling sites to safeguard our data, but we can only hope so.

Some people will say that KYC done at trusted sites is safe, but it is not. It does not matter if you do KYC on a trusted site or a non-trusted one, the risk may be more in non-trusted sites but you can't be sure even on the credibility of the popular gambling sites.

[AicecreaME]

I personally care about it enough that I am sure they will not share it with my government since it would be illegal for me to play in a foreign casino. If I trust that they will not share it with my government, then I am fine about it.

And 99% of the places do not share it, so I can easily give my KYC without a worry, it doesn't really change much and doesn't really end up making it any different, we just need to end up with something that would be a little bit different. I know that not a lot of people end up with something that would be a lot worse or better, we just need to end up with something that needs to be secret enough from outside sources. Me sharing it with the casino is fine, it would be not fine if they share it with someone else.

One the terms and conditions of about gambling companies is never to share their customers personal data to any third party unless it happens that a customer involves himself in any illegal engagement in the company that requires them to provide personal information to a third party and most times the third party will always be a legal firm. So that's why I don't think anyone should be worried in providing their personal information to gambling companies except the person in question has in engaged in some illegal activities.

I beg to disagree. It's still much better to be careful than to be sorry later on. You can't really guarantee that a casino will not sold your personal information to other third party applications because some don't really keep their word, especially those sites that just suddenly emerged and are still new to the industry, which means there's still no reputation to uphold and to stand by. If ever you will give your personal information such as your full name, address and the likes, always make sure that you are giving it to a trusted site. Because if you happen to trust the wrong website, your identity can be robbed in a snap, and your card details can be used and be exposed to thieves.

[maydna]

~snip~

This is why the trust rating is very important because depend on this and we comply with their terms with a hope that our personal details will be safe from any harm. I actually have no choice but to comply with the KYC as most of the gambling site today have this requirements before you can actually maximize the platform’s full potential. I value my privacy of course in any way of life but if there’s a need to submit any personal details, I will follow it as long as its a good project or as long as the site is legit.

It's okay if you comply with the rules at the casino by doing KYC because at least you have done KYC at a trusted and popular casino. After all, that won't worry you. That's also what I would do if I found something similar like that. But if it were a shady casino, I wouldn't want to do KYC even if I managed to win a lot of money from the casino because the casino wouldn't want to part with the money that easily. We want to get privacy in gambling by not doing KYC, but we also can't refuse it if the regulator asks the casino to ask its customers to do KYC.

[Zlantann]

I beg to disagree. It's still much better to be careful than to be sorry later on. You can't really guarantee that a casino will not sold your personal information to other third party applications because some don't really keep their word, especially those sites that just suddenly emerged and are still new to the industry, which means there's still no reputation to uphold and to stand by. If ever you will give your personal information such as your full name, address and the likes, always make sure that you are giving it to a trusted site. Because if you happen to trust the wrong website, your identity can be robbed in a snap, and your card details can be used and exposed to thieves.

Converting the win to my local currency will make me an instant millionaire. It will also be an end to poverty for me so I will also be willing to submit my KYC. But asking for my house address is going to the extreme because it can be very risky. They can sell my information which includes my house address to criminals who already know how much I am worth. In such a case, I will have to relocate from my house or possibly outside the province. I will not patronize a casino that requires my residential address. A phone number or email is tolerable but a house address is an extreme invasion of privacy. Patronizing reputable casinos remains the best option because they always abide by the provisions of their ToS.

[decodx]

<...>
I love to read your thoughts on this.

This is an interesting problem you've brought up here. I think how much someone values privacy when gambling really depends on the person.  

If I somehow won a good chunk of change, like ,000 or more, and the casino demanded a thorough KYC and to give them all my information, I probably wouldn't think twice about it and would hand over what they asked for right away.  But if it was some casino I wasn't familiar with and wasnt sure I could trust I'd be more hesitant and probably wouldn't risk betting really big money there in the first place.  

You said the total bet was under $100 which isn't a lot but still wouldnt make me feel comfortable either.  I'd probably start by placing bets of just a couple bucks to test out the site first and  for me, step one would be doing some research on the casino's reputation and if I could find any reviews or feedback from other gamblers.  If everything looked legit and trustworthy, then I might feel better about going through their verification process.

[Rabata]

I personally care about it enough that I am sure they will not share it with my government since it would be illegal for me to play in a foreign casino. If I trust that they will not share it with my government, then I am fine about it.

And 99% of the places do not share it, so I can easily give my KYC without a worry, it doesn't really change much and doesn't really end up making it any different, we just need to end up with something that would be a little bit different. I know that not a lot of people end up with something that would be a lot worse or better, we just need to end up with something that needs to be secret enough from outside sources. Me sharing it with the casino is fine, it would be not fine if they share it with someone else.

One the terms and conditions of about gambling companies is never to share their customers personal data to any third party unless it happens that a customer involves himself in any illegal engagement in the company that requires them to provide personal information to a third party and most times the third party will always be a legal firm. So that's why I don't think anyone should be worried in providing their personal information to gambling companies except the person in question has in engaged in some illegal activities.

I beg to disagree. It's still much better to be careful than to be sorry later on. You can't really guarantee that a casino will not sold your personal information to other third party applications because some don't really keep their word, especially those sites that just suddenly emerged and are still new to the industry, which means there's still no reputation to uphold and to stand by. If ever you will give your personal information such as your full name, address and the likes, always make sure that you are giving it to a trusted site. Because if you happen to trust the wrong website, your identity can be robbed in a snap, and your card details can be used and be exposed to thieves.

If personal information falls into the hands of a scammer then I can't think of any way to be safe. In general, sites that are low-quality or new are more likely to be scams. A site that has been conducting gambling for a long time and who has built their reputation will never try to put others at risk. Because they will give more priority to their business. I also inform about a site where after a big win they asked for KYC and even after completing the KYC they stopped withdrawing the winnings. There is no expectation of personal information being protected by unscrupulous people trying to steal money from others.

[Fivestar4everMVP]

Alright, folks, gimme a sec. I gotta crunch the numbers and convert that 70k bucks to our local currency. So, based on my math, it's nearly 4 million pesos! I reckon I'm gonna have to go through the whole KYC thing, you know, it's like hitting the jackpot for me. I'm ready to say goodbye to my mysterious, anonymous self, let the gambling site know who I am, and get my hands on that sweet, massive win!

you got me rolling on the floor with this comment. one thing certain which I think many of us don't seem to understand is that, we are not anonymous in the world we live in, several platforms have our identities, and some of these platforms we may not even or completely trust, but we still go ahead to give them what they ask for in terms of KYC because we have no choice, or they make the whole system look to us like we have no choice.
Example is the banks, believe it or not, the banks are one of the platforms I never trusted, but each time I visit, I have no choice but to do all their bidding for the sake of my money, this is exactly the same for gambler who would be in the same situation as I imagined and wrote in the op.

This is why i think privacy comes with a price tag, anyone can claim to be very reserved when it comes to KYCing on a gambling casino, but there is the kind of money that will be involved, such person won't hesitate to succumb to the bidding of the casino, as without doing what they ask, you likely will not access to the potential wealth before you.

[Westinhome]

Alright, folks, gimme a sec. I gotta crunch the numbers and convert that 70k bucks to our local currency. So, based on my math, it's nearly 4 million pesos! I reckon I'm gonna have to go through the whole KYC thing, you know, it's like hitting the jackpot for me. I'm ready to say goodbye to my mysterious, anonymous self, let the gambling site know who I am, and get my hands on that sweet, massive win!

When he gambler get the jackpot form the gambling,So he can quit the hard job which give the less money for the huge work.Most of the job was giving less pay for the more work in the real life.So the people suffering from such situation may try the gambling for the life upliftment.But it’s not guaranteed one,So it’s essential to have the mind set of both win or loss.The reason for the privacy is mainly for the tax paying,if the person who win will be identified by their government.Then the winning person need to pat the taxes for their winning.This was the biggest reason for the gambler to keep their privacy in the gambling sites.

[Solosanz]

It's okay if you comply with the rules at the casino by doing KYC because at least you have done KYC at a trusted and popular casino. After all, that won't worry you. That's also what I would do if I found something similar like that. But if it were a shady casino, I wouldn't want to do KYC even if I managed to win a lot of money from the casino because the casino wouldn't want to part with the money that easily. We want to get privacy in gambling by not doing KYC, but we also can't refuse it if the regulator asks the casino to ask its customers to do KYC.

Yeah, I can't understand with people who're want to gamble in centralized casino and can't accept to comply with the rules, they're a licensed casino and have a regulation. If people want to protect their privacy, they need to gamble with their friends and keep it private, so no one will know except themselves.

[Stepstowealth]

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?

The value your place on your life will depend on the level in life that you are. I am not very rich, and when I gamble, I expect to win money. I expect to win big money that can change my life. If I win a very big amount like 70,000 dollars which is a lot in my country, I have not seen that kind of money before, so it is an amount of money that is enough for me to gamble my privacy on. I will just to be extra careful try to make extra research to confirm the reputation of the casino to know if they are other gamblers there that have won money before there and were able to successfully withdraw it. This forum can help me with that because I can just easily ask here.

[Beparanf]

Alright, folks, gimme a sec. I gotta crunch the numbers and convert that 70k bucks to our local currency. So, based on my math, it's nearly 4 million pesos! I reckon I'm gonna have to go through the whole KYC thing, you know, it's like hitting the jackpot for me. I'm ready to say goodbye to my mysterious, anonymous self, let the gambling site know who I am, and get my hands on that sweet, massive win!

When he gambler get the jackpot form the gambling,So he can quit the hard job which give the less money for the huge work.Most of the job was giving less pay for the more work in the real life.So the people suffering from such situation may try the gambling for the life upliftment.But it’s not guaranteed one,So it’s essential to have the mind set of both win or loss.The reason for the privacy is mainly for the tax paying,if the person who win will be identified by their government.Then the winning person need to pat the taxes for their winning.This was the biggest reason for the gambler to keep their privacy in the gambling sites.

This is the dumbest reasoning ever for people that has low salary on their job. Why find another job that pays well or improve your work for a chance to promotion to get more earnings.

People that using gambling as an alternative for being lazy on finding appropriate job usually becomes more poorer since gambling is designed to get money from players not the other way around due to the house edge. We gamblers are using casino games and services which casino is paying. We should be playing to get entertainment from their service and not to focus on quick rich scheme so that we can enjoy the game itself.

[johnsaributua]

Just as sure, Dev casino wants to keep the winner's sensitive data and the right to hold it for their benefit for the archive.

Winners or other users will inevitably do KYC for the money they will get or claim unilaterally, which is a procedure to meet customer standards.
I noticed like the law of attraction or request and request.

Speaking of Kyc, crypto projects, both tesnets, airdrops, some of which have penetrated into certain validator nodes, have also implemented Kyc before the distribution or receipt of reward benefits whose listing prices do not yet know what prices.
Financial technology companies and applications that offer financial services are also the same,
I finally joined Kyc because I wanted to enjoy the full features they offered even if only for a trial.

In my opinion, Kyc is one of them as consumer protection, in case of fraud, account hacking and data recovery.
also as a record if it occurs in transactions can be accounted for both from the law, the form of violation with regulations in each country.

[Odusko]

The level of my privacy protection is at highest in terms of my preparedness that have brought me to a significant position twhereI only gamble on reputable casinos and do not get so carried away to the point of handing over my privacy to them because at some point those new casinos can easily get hacked and data stolen could be used to perpetrate evil that can put the original owner to risks.
And also we have to place a lot of emphasis on the issue of data protection and how best to avoid such incidents,  and at some point, it becomes so obvious that only a few casinos truly protect the data of their clients.