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Author Topic: Why do you want to play on casinos without KYC requirements?  (Read 765 times)
goxcraft
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November 26, 2023, 04:49:44 PM
 #161

KYC is sensitive data, and we don't know how the casino manages that information and how strong is the security on it, and the big risk about KYC is when hackers get access to those databases. No one wants their sensitive information like Mail, real name, phone number and address to be in the wrong hands.

For me this is my personal point of view and why i don't like the KYC process unless i really trust the site.

Would you truly consider playing on a site you don't trust? If your answer is no, then it follows that you might willingly comply with KYC requirements if the site deems it necessary. While there is always a risk, especially in the event of a hack, reputable sites operating within regulatory frameworks are obligated to adhere to standards ensuring the protection of our information from malicious attempts. In short, it's recommended to engage in gambling only on reputable sites that have earned your trust, should you choose to share your KYC details and documents with them.
Exacely, I wouldn't want to gamble on a site that I don't know or trust. Especially, I wouldn't even give away my personal information's to these sites. KYC or not, Reputed sites or not, I think our personal information aren't safe anywhere. But we as a gamblers cannot or won't stop our gambling activity. That is the sole reason for not wanting to use KYC required sites.
Sunderland
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November 26, 2023, 05:03:06 PM
 #162

That technique might works if you used different devices, IP's, source of funds/wallet addresses, do not place bet on a high risk games, must use a coin with a cheap transaction fees and else.
It's legal to share a trick in public forum? Grin

Distinctin start it first lol, btw its not a new trick after all. Sports betting geeks and casinos already known about it.
Its not to abuse any platform but to minimize the chance being KYC, but it will bring a headache when we must reporting it for the gambling tax.

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slapper
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November 26, 2023, 05:44:41 PM
 #163

KYC is sensitive data, and we don't know how the casino manages that information and how strong is the security on it, and the big risk about KYC is when hackers get access to those databases. No one wants their sensitive information like Mail, real name, phone number and address to be in the wrong hands.

For me this is my personal point of view and why i don't like the KYC process unless i really trust the site.

Would you truly consider playing on a site you don't trust? If your answer is no, then it follows that you might willingly comply with KYC requirements if the site deems it necessary. While there is always a risk, especially in the event of a hack, reputable sites operating within regulatory frameworks are obligated to adhere to standards ensuring the protection of our information from malicious attempts. In short, it's recommended to engage in gambling only on reputable sites that have earned your trust, should you choose to share your KYC details and documents with them.

I think it all comes back to themselves whether or not they mind the KYC updates that are required when we log in to some of the sites we choose, privacy may be a very important thing for some gamblers and on the other hand there are also those who don't really care about it, the level of concern is the main thing that plays a role in considering what their decision is.

If you really object to casino rules that tell or require you to do KYC then you are free to find another casino without such rules, I think this is not too big a problem if you can make perfect considerations about what you want and what worries you. One of the things that we can do may be as you suggest, if they are worried about the potential hacking that is always inevitable or very likely to happen then one of the ways that you can do is that you should look for some references from other people or reliable sources that can give you one of the KYC gambling sites that have a very good reputation and you trust the site.
You have the right to privacy, not just "a very important thing for some." How can we play down the value of privacy in this digital age where data breaches are common? Being smart is more important than being too careful. People who gamble often dont realize how valuable their personal information is. The really scary part is that any information you share online could be used against you. Why take a chance with your privacy?

Changing casino sounds easy, but is it really useful? Think about this: the internet is full of choices, but not all of them are safe. Are we forgetting how hard it is to check out these sites when we say "find another casino"? Its not enough to just find a casino with loose KYC rules. Its about getting a place that is safe, dependable, and trustworthy. We need to stress how important this choice is. Its not just about ease; its a big choice that will affect your privacy and security online. Shouldnt we be pushing for people to make smarter and more careful choices when they're gaming online?

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Wiwo
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November 26, 2023, 06:06:42 PM
 #164

That technique might works if you used different devices, IP's, source of funds/wallet addresses, do not place bet on a high risk games, must use a coin with a cheap transaction fees and else.
It's legal to share a trick in public forum? Grin

Distinctin start it first lol, btw its not a new trick after all. Sports betting geeks and casinos already known about it.
Its not to abuse any platform but to minimize the chance being KYC, but it will bring a headache when we must report it for the gambling tax.
Not a lot will like the idea of KYC and that for sure is what anyone will want to do at some point and as to how it affects us in any possible ways,  this has a lot to do with eh privacy concern of most cryptocurrency users who have high value for their privacy and have high regards to staying anonymous at some point in time.

This is why most gamblers rather gamble within the set limits and also will not want to go beyond the stipulated limit for none kyc to avoid it being triggered.
alastantiger
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November 26, 2023, 06:22:31 PM
 #165

I was thinking about this question over the weekend and I cannot seem to find legitimate reasons why people would want to play at casinos that do not require KYC verification.

1. KYC requirements reduce money laundering.
Not entirely true.
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2. KYC requirements reduce under age gambling.
I agree with this but documents can be falsified using tech and since no indepth scrutiny is done, it is not always the case.

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3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
How does this happen excatly.
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4. KYC requirement reduce scamming
Do you mean scamming from the casino or the players? What I can say here is that KYC will reduce duplicate accounts.

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5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
Yes.
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6. KYC requirements adhere to government regulations and legitimize a casino.
Most casinos may have made it optional if not for the regulations and penalty attached for failure to comply.

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7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
Not really. They can move to another casino and create a new account.

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8. KYC requirements can be used to enforce regional gambling restrictions.  
Agreed.


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