Would you allow your underage kid to use your detail for KYC after a big win.

[ovcijisir]

As a parent to the child, can you allow the child to use your details to pass KYC verification, if asked? And if you do that, does it also mean that you are supporting underage gambling?

On this specific case, I don’t agree that if you allow to use your KYC detail just to get your child big win is a sign that you support his underage gambling activities.

It’s right thing to collect the money he won fairly since it’s already there. The only thing you can do is to educate them and not tolerate him after you get the money because after all he deserves that profit.

You are just supporting him if you allow him to gamble for more after you complete the KYC.

I really don't know what would do in such situation. I do not support underage gambling in any case, but if the money is already won it would be waste to pass that opportunity. I would seek some solution to withdraw the money but at the same time I'd have some serious discussion with my kid and wouldn't give him that money until he's mature enough to use it responsibility.

[stompix]

I will provide the KYC, take the money, and go beat my child. Then we will talk.

How to catch three felonies in one act, textbook material!

This is a tough one.  On one hand, if the win is big enough and it could help the family it is hard to turn down free money.

Let's spice it up a bit if we are still in scenario mode.
What happens that after your successful withdrawal and you check the betting history, you realize you have cash-out $20 000 but your dumb kid has somehow managed to get hold and lose $40,000 during his gambling adventure? 

[Orpichukwu]

This is a tough one.  On one hand, if the win is big enough and it could help the family it is hard to turn down free money.

Let's spice it up a bit if we are still in scenario mode.
What happens that after your successful withdrawal and you check the betting history, you realize you have cash-out $20 000 but your dumb kid has somehow managed to get hold and lose $40,000 during his gambling adventure? 

Then it's no longer free money. This is why they said gambling is not profitable in the long run. If after checking history such a scenario occurs, the only thing that will still be done based on the OG's early statement is to take what they can get and reduce how much the kid has eventually lost, but come to think of it, that amount being wagered, if profit is removed and it's all deposit, the child will have to answer a query about how he was able to get hold of such money to use it for gambling.

[bakasabo]

Have you noticed that some posters purposed punishment, limitation or something of that kind to a underaged kid who had a big win. Why punish a child, when its parents fault that let underaged to gamble, its their fault that they havent paid enough attention to what their child is doing. Parents are responsible for their children fully until they turn 18. Punish yourself instead.

[imamusma]

~~

On this specific case, I don’t agree that if you allow to use your KYC detail just to get your child big win is a sign that you support his underage gambling activities.

It’s right thing to collect the money he won fairly since it’s already there. The only thing you can do is to educate them and not tolerate him after you get the money because after all he deserves that profit.

You are just supporting him if you allow him to gamble for more after you complete the KYC.

I really don't know what would do in such situation. I do not support underage gambling in any case, but if the money is already won it would be waste to pass that opportunity. I would seek some solution to withdraw the money but at the same time I'd have some serious discussion with my kid and wouldn't give him that money until he's mature enough to use it responsibility.

Every parent seems to face a dilemma in situations like this. On one hand, providing data for KYC verification might give the impression that we condone our children gambling, as if money can change our principles. On the other hand, since the children may have spent a lot of money gambling, it would be a shame not to cash out those funds. I think many people would take a middle ground, so am I, we still cash out the money to save it, and then advise and forbid their children from gambling in the future. I wouldn't use that money. I'd tell them I'd return it to them once they reached 18 years old. This would demonstrate my authority as a parent, emphasizing disapproval of their gambling activities all this time.

[livingfree]

Have you noticed that some posters purposed punishment, limitation or something of that kind to a underaged kid who had a big win. Why punish a child, when its parents fault that let underaged to gamble, its their fault that they havent paid enough attention to what their child is doing. Parents are responsible for their children fully until they turn 18. Punish yourself instead.

You have a point about that, it's the parents fault why their underage kids were able to gamble. Giving free and easy access to the gadgets and also to the internet.

If they have just allowed their kids to watch tv then this won't happen.

But at some point, this give the scare to their kid that they should never do it or else, they'll get beaten.

[Oasisman]

As a parent to the child, can you allow the child to use your details to pass KYC verification, if asked? And if you do that, does it also mean that you are supporting underage gambling?

Well, if that's a big win, maybe I can't let this slip away - and I'm not gonna lie, It's actually supporting underage gambling, but of course with a valid reasons as long as you will leave a valuable words to your child not to do it again.
It's a big money and It already happened, your child was already exposed, so what's the least you can do? Grab that money, monitor your child from that day on and move on.
Not sure if there are parents who'll leave that money there, after realizing how much money the child may have lost before acquiring that winning amount.

[Stable090]

When we talk about minors not being allowed to gamble, it's a general rule everywhere, not just in some countries, so if a child who is below 18 years has been gambling without the knowledge of the parent and he or she happensto win an amount which requires advanced KYC to be passed, if the child uses his real ID card, it will be noticed that he's not yet of age.

As a parent to the child, can you allow the child to use your details to pass KYC verification, if asked? And if you do that, does it also mean that you are supporting underage gambling?

Am going to allow him use my identity to complete the kyc if the amount won by him is really a big amount of money, I won’t just allow the money waste,  but if the amount is not really much, then I won’t do that. If I end up allowing my details to be used to complete the kyc, then I will warn him to stop gambling, after making withdrawal from the gambling site, I will make sure he doesn’t have access to the account any longer, and am going to give him strict warning, and I will have to start educating him about gambling, and i will let him know about gambling addiction, and other things which he is suppose to know.

[skarais]

~~~

Every parent seems to face a dilemma in situations like this. On one hand, providing data for KYC verification might give the impression that we condone our children gambling, as if money can change our principles. On the other hand, since the children may have spent a lot of money gambling, it would be a shame not to cash out those funds. I think many people would take a middle ground, so am I, we still cash out the money to save it, and then advise and forbid their children from gambling in the future. I wouldn't use that money. I'd tell them I'd return it to them once they reached 18 years old. This would demonstrate my authority as a parent, emphasizing disapproval of their gambling activities all this time.

Yes, in the end each parent's approach will definitely be different in this case.
I agree with your approach, but also not saying the approach of others who refuse to provide KYC is bad. They have reasons to refuse, as do others who are willing to provide KYC documents but with certain rules. The reasoning may be that it is free money, but some others think this is a mistake that should be dealt with strictly regardless of the winnings.

I don't know what I would do if something like that happened to me. Of course, on the one hand I'd want to withdraw the money, but on the other, it shows how weak we are just because of money. I absolutely don't want to be in that situation in the future, and hopefully I never have to be as a parent.

[Drnice]

Well, we all know that under aged gambling is bad, and for such winnings to come, the parent(s) is/are aware of such activities been going on for a certain period of time before an outcome of a big win, of which was also communicated to the parents.

There's a saying, train up a child in the way they should grow, and when they are old, they will not depart from it. If this principle sticks with such a family, then the parents are either in the gambling system, or they approved such acts.

For me, I am not a gambler, but for a big win as you said, I will let use of my ID, otherwise, the child can look for someone else to make bargains with at the end of the day.

[GiftedMAN]

18 years and above is the right age to gamble but in the case of my child gambles without my notice if he's able to get lucky and needs to use my details for KYC just to get his money I won't hesitate to help him get his money but after that I will talk to him as my child then explain the implications of underage gambling to him as a child that listens to his parents he would stop gambling if he realize the implications.

[justinlamode]

Allowing underage kids to use my details for KYC is the same thing as enabling them to gamble which I know is not good for them. I know the temptation to do that is high especially when such a child have won something big but I will try to resist such temptation unless maybe the KYC is needed to allow him withdraw the money, I might change my mind but I will follow him closely to guide him so he wait for the right age before gambling.

[Franctoshi]

This thread reminds me of the argument I was having a few days ago.

When we talk about minors not being allowed to gamble, it's a general rule everywhere, not just in some countries, so if a child who is below 18 years has been gambling without the knowledge of the parent and he or she happensto win an amount which requires advanced KYC to be passed, if the child uses his real ID card, it will be noticed that he's not yet of age.

As a parent to the child, can you allow the child to use your details to pass KYC verification, if asked? And if you do that, does it also mean that you are supporting underage gambling?

Two things are involved; in one way or the other, you just encouraged the child to gamble by using your I. D to pass a KYC verification, whereas at the other hand, since it involves something that he won some amount of money, there's no way you can let the money  just go, but to balance the situation, you should caution your underaged child about gambling the age that he or she is still under age and must take some steps by deactivating the child's account until your child reaches of age, 18 years and above, when they're entitled to choose what they like to do.

[Nheer]

Did I hear you say after a big win?

Well that money can't waste in there, and for that reason alone, I'll be more than willing to provide my detains to claim that money. But that doesn't really mean I'm abating underage gambling.

But even if I noticed that my underaged kid is gambling, I won't actually try to stop him, especially if I know that they're already actively involved in it. Rather, I'll try to make sure that he does it responsibly.

Reading your comment is so funny for real. I agree money shouldn't waste in there when it can be used for other things especially when it's a big win I personally don't see anything wrong in claiming the money not because I am in support of underage gambling but for other financial reasons. After claiming the money then the child will face the consequences of being disobedient to go on to gamble and also I will take necessary actions to see that he never gambles again till he is of age and also trace back to how he got to know of it and make sure he never repeat such again.

Children can't be responsible for their actions yet so that why they shouldn't be allowed to gamble because I don't think they can handle the emotions and pressure and gamble responsibly. I am sure gambling bodies thought about it too before considering to restrict them from participating in it so somethings are better left the way they are. My advice is for you to discourage any underage gambling.

[Alphakilo]

At such a young age, the kid will probably start to struggle with gambling addiction before they hit the age of 18 and that is not what any parent would want for their kids. It would be a huge economy problem for all of them.

Unless the parent will be willing to spend money on therapy sessions for their kids at that time. Find the kid a decent work at that time they should learn to make money from doing a job for their age at time rather from gambling.

[Distinctin]

If the kid won a significant amount, then I will let him/her use my personal data in order to claim the prize, after that there’s no reason anymore to tolerate the kid’s early gambling journey. Maybe it’s just a matter of educating your kid and all the future consequences with gambling, that way even if he will continue without my awareness, at least he knows the future consequences of his own actions.

We can’t stop a kid if he will pursue gambling secretly. Although I don’t agree with early gambling exposure, but the technology around could be a big temptation for them. Otherwise, educating him and teaching him how to limit gambling is all I can do.

[HelliumZ]

This thread reminds me of the argument I was having a few days ago.

When we talk about minors not being allowed to gamble, it's a general rule everywhere, not just in some countries, so if a child who is below 18 years has been gambling without the knowledge of the parent and he or she happensto win an amount which requires advanced KYC to be passed, if the child uses his real ID card, it will be noticed that he's not yet of age.

As a parent to the child, can you allow the child to use your details to pass KYC verification, if asked? And if you do that, does it also mean that you are supporting underage gambling?

I will never allow a minor to gamble, especially as a guardian. He will do KYC using my personal document because a minor cannot do KYC in gambling without the personal document of the parent or guardian. Moreover, if a minor child is attracted to gambling and wins big, then in the future he may become so interested in gambling that he will spend his time gambling while studying. Therefore, a minor whose personal document is not official should definitely not be allowed to participate in gambling.

[kawetsriyanto]

I assume this is something unnecessary to debate. Each parent has their own principle, so there should be a different way to handle that situation. If it happens to my underage kid, I will never let him using my data to pass the KYC requirement (no matter how much the money he/she won). Letting him using my data will make him thinking that it is okay to gamble underage. Giving him a lesson to not gambling underage is much important than taking the money he/she won.

Have you noticed that some posters purposed punishment, limitation or something of that kind to a underaged kid who had a big win. Why punish a child, when its parents fault that let underaged to gamble, its their fault that they havent paid enough attention to what their child is doing. Parents are responsible for their children fully until they turn 18. Punish yourself instead.

It should depend on the situation, dude. If we have warned our kids to stay way from gambling until he is 18 years old, we can punish them if they break the prohibition. Giving a punishment is needed, it will let him know that he must get a responsibility for any mistake. Sure, we must also be more responsible to monitor our kids more often.  

[AmoreJaz]

If the kid won a significant amount, then I will let him/her use my personal data in order to claim the prize, after that there’s no reason anymore to tolerate the kid’s early gambling journey. Maybe it’s just a matter of educating your kid and all the future consequences with gambling, that way even if he will continue without my awareness, at least he knows the future consequences of his own actions.

We can’t stop a kid if he will pursue gambling secretly. Although I don’t agree with early gambling exposure, but the technology around could be a big temptation for them. Otherwise, educating him and teaching him how to limit gambling is all I can do.

I have same sentiments as well. I will allow my kid to use my credentials in order to get the winnings and I will guide him to do it. Afterwards, that's it. I won't allow him/her to continue gambling as we all know where it will lead for them. As a responsible parent, better advise them what you have learned in life rather than castigate them later on, when it is already too late.

So yes, I would allow him/her but after that, no more. If he/she secretly gamble and encounter another mishap, I would punish him if necessary. Like no more cash allowances or similar with that. In life, as a parent, you should be firm with your decision towards your kids as sooner or later, it will be their future that will be affected with such mistake.

[STT]

The perfect answer is actually quite boring which is the kid can have his winnings but it goes into a pension for long term investment and he can enjoy it in 50 years earliest.
    You cant reward him for the gambling because it could in time make him far worse off then any winnings will compensate him for, but I wouldnt honestly leave the money there unclaimed either so thats my sensible compromise personally.