Are you comfortable with sharing KYC data with casinos?

[ovcijisir]

Most of regulated casinos have clause in their Terms and conditions that they can block the account and ask for personal data if they find users activity suspicious or even for no reason at all.

I have always been careful about sharing my personal data with such services. Not only because they can misuse my data, but I don't have any control of who can access my personal data. Also I don't know who they share it with and finally some unhappy employee can collect that data and sell it on black market.

What are your experiences with sharing personal data and opinions about stricter and stricter regulations that require users to share personal data for every withdrawal?

[Oshosondy]

I do not like to go for gambling sites that require KYC before but I am only using very little amount of money to gamble, which makes it not of a concern, this makes me later think if it is necessary. I am still using gambling sites that KYC is not compulsory, but if a gambling site make KYC compulsory, I do not mind to use it also if it is a very good gambling site. But that will be when almost all gambling sites require KYC, as long as I still have the choice to use gambling sites that require no KYC, I will prefer the no KYC gambling sites.

[Furball808]

If we want to keep playing in that casino, we really have no choice. It’s one of the things we simply have to accept. If you do not agree with the level of KYC, decentralized casinos are for you.

What are your experiences with sharing personal data and opinions about stricter and stricter regulations that require users to share personal data for every withdrawal?

Every withdrawal is crazy. That’s too much! One sign up is enough.

[Charles-Tim]

If we want to keep playing in that casino, we really have no choice. It’s one of the things we simply have to accept. If you do not agree with the level of KYC, decentralized casinos are for you.

There is no gambling site that is decentralized. Or do you know if one?

It is worth knowing that web3 are proposed to be decentralized but the web3 sites that we have today, including the web3 casinos are all centralized. Although, their KYC policy may be simple as I noticed many of them do not require KYC but they are not decentralized at all.

[stadus]

If I had a choice not to give my details, I would. But since most casinos now are regulated, it’s expected that they’ll enforce KYC as well.

So it’s either you stop gambling or you comply, that’s the reality now. At the very least, be ready for KYC if you’re gambling even in a site that “doesn’t require it yet.” Because the moment you win big, the system will likely trigger a review and you’ll be required to comply, or your winnings will be forfeited. Just keep that in mind.

[salad daging]

Have you ever shared your KYC with an exchange? Exchanges are stricter and casinos still have some leeway.

If it's big money then you can't help but do KYC as long as it's at a reputable casino because I don't want to let my winnings go to waste just because KYC wasn't done, so I do worry about misuse of identity but with a reputable casino they will keep it that way.

But not all casinos that have played KYC this is only in a few cases if it is likely to happen.

[purple_sparkles]

I have a very negative attitude toward giving my personal data not just to casinos, but to any private organization, even a government database. They can always be sold, hacked, or used against you used to your disadvantage. And lately this issue has been bothering me a lot, because everywhere you turn, someone is trying to collect some kind of personal information from you. I try in every possible way to avoid giving out my data for as long as I can.

[tsaroz]

Most of regulated casinos have clause in their Terms and conditions that they can block the account and ask for personal data if they find users activity suspicious or even for no reason at all.

I have always been careful about sharing my personal data with such services. Not only because they can misuse my data, but I don't have any control of who can access my personal data. Also I don't know who they share it with and finally some unhappy employee can collect that data and sell it on black market.

What are your experiences with sharing personal data and opinions about stricter and stricter regulations that require users to share personal data for every withdrawal?

I don't think anyone is happy sharing their personal details to others online and Gambling websites are some business that may legally need our info yet they also could use those identities in wrong way. It's a difficult choice. The user themselves should be cautious where to share and where not to.
I mostly don't share KYC unless I absolutely have to. If the site I'm using on regular basis, asks for KYC and if it seems legit, I don't hesitate giving them my KYC but if a new casino asks KYC just to start or KYC the first time I'm using it, I'd rather leave my few dollars than to fill the KYC.
The only casino where I had recently done my KYC is stake and I'm using a lot of them but none of them have asked for my KYC.

[Japinat]

Most of regulated casinos have clause in their Terms and conditions that they can block the account and ask for personal data if they find users activity suspicious or even for no reason at all.

Share that TOS please so we can verify if it’s true. However, even without that specific rule, they can still ask for KYC because it’s mandatory and required by their regulators. When a casino is regulated, they have to follow those laws, and part of that standard is KYC for AML prevention or whatever they call it.

It’s just that some casinos require it early, some require it before you withdraw, and others only trigger it later in the game.

[joeperry]

As much as possible, I don't want too, because who really wants to share their personally information to anyone but since most of the gambling sites nowadays are regulated and they are just complying with their license provider. Now, if it really needs to submit one, I need to assess if the site is reputable and safe enough to send my personal information, that's why from the start you should already choose which gambling site you'll be playing at in case they will ask the KYC.

Honestly, I don't comfortable sharing my KYC through gambling sites (even though they are reputable) but if it's trading site, I actually don't mind. Probably because I used it to withdraw my cryptocurrency directly to my bank.

[rdluffy]

I don't feel comfortable doing KYC anywhere, hehehe

Even doing KYC on government or reputable banking apps is pretty bad, because there's always a data leak and no one takes responsibility

But I have KYC on some exchanges and casinos, I try to stick with the most reliable ones as much as possible
There comes a point where there's no escaping KYC
But I hope more options without KYC will appear
Privacy has been extremely important for keeping us safe, especially in terms of no one ever knowing that we have crypto

[freedomgo]

Of the casinos I’m using now, I know they’re regulated so I’m expecting KYC anytime. However, it’s been years that I’ve been using them and they still haven’t required KYC, which is actually good for me. Some people say license providers with weak oversight are bad for customer protection, but in a way we also benefit from it because they aren’t too strict with implementing KYC.

[pusaka]

Of the casinos I’m using now, I know they’re regulated so I’m expecting KYC anytime. However, it’s been years that I’ve been using them and they still haven’t required KYC, which is actually good for me. Some people say license providers with weak oversight are bad for customer protection, but in a way we also benefit from it because they aren’t too strict with implementing KYC.

Most of us would probably be put off by a casino asking us to complete KYC, but if it's a casino we like and they have a KYC policy, then I think we'll do it, even if it feels a bit forced.

For people who care deeply about their personal data, we won't want to share personal information so easily. However, when we have no other choice, I think we'll comply, because if we don't, our choice is to stop gambling. However, there are many casinos now that haven't implemented a comprehensive KYC policy, so we can choose those casinos.

[ovcijisir]

I have a very negative attitude toward giving my personal data not just to casinos, but to any private organization, even a government database. They can always be sold, hacked, or used against you used to your disadvantage. And lately this issue has been bothering me a lot, because everywhere you turn, someone is trying to collect some kind of personal information from you. I try in every possible way to avoid giving out my data for as long as I can.

You made a good point when you mentioned that their database can be hacked. This raises question about how user's personal data is stored, is it secure enough to prevent hacking and further data leaks?

Having our personal information stolen by malicious actors can give us very big problems down the road if they use our data in illegal activities.

[robelneo]

I have always been careful about sharing my personal data with such services. Not only because they can misuse my data, but I don't have any control of who can access my personal data. Also I don't know who they share it with and finally some unhappy employee can collect that data and sell it on black market.

You don't have to feel that way if you're sharing your personal data with a casino that is licensed and has no report of abuse; you are just speculating that an unhappy employee will sell it on the black market.
KYC in casinos is something that you need to do because they need to validate that only qualified players and players who are not cheating are allowed to play.
It's either you do it so you can continue playing or don't and limit your qualification in the casinos you're playing.

[Kelward]

We should expect KYC requirements anytime that we are on any centralized platforms what I rather look out for is the reputation of the platform that I want to use. I have stopped worrying about KYC if I'm on a reputable casino, I believe that my personal details are safe in their custody. Despite the trust that we have on a reputable casino we are still taking chances when we supply our personal details but we cannot blame them because they are requiring it because of regulations. If you're not comfortable to supply KYC requirements when it is asked for it won't be easy to be on any centralized platforms.

[ZeroVinsonN]

Most of regulated casinos have clause in their Terms and conditions that they can block the account and ask for personal data if they find users activity suspicious or even for no reason at all.

I have always been careful about sharing my personal data with such services. Not only because they can misuse my data, but I don't have any control of who can access my personal data. Also I don't know who they share it with and finally some unhappy employee can collect that data and sell it on black market.

What are your experiences with sharing personal data and opinions about stricter and stricter regulations that require users to share personal data for every withdrawal?

I
Most major casinos require KYC and you can't blame them for that, their platforms have been targeted for money laundering and this is simply because money can pass through without scrutiny, but with KYC this means of money laundering becomes mitigated, they just want to make sure you can actually afford the amount of money you are pouring into their systems, chances are that most governments won't allow them to operate if they don't use KYC, if you don't want to share your information then you could still find some casinos that don't require KYC and gamble with them.

[libert19]

Nope, I am not comfortable sharing my kyc data at casinos or elsewhere. But, I do kyc, if I really need the service... and glancing at responses it looks like plenty users have similar view towards doing kyc.

...and opinions about stricter and stricter regulations that require users to share personal data for every withdrawal?

WDYM? You do kyc and you should be sorted for good while, service may ask for re-kyc after a while.

[bakasabo]

I have a very negative attitude toward giving my personal data not just to casinos, but to any private organization, even a government database. They can always be sold, hacked, or used against you used to your disadvantage. And lately this issue has been bothering me a lot, because everywhere you turn, someone is trying to collect some kind of personal information from you. I try in every possible way to avoid giving out my data for as long as I can.

Have you ever caught somebody for selling your personal data? People talk about documents being sold, but did anyone ever had troubles because of that? Was there cases when with your documents credit was taken? Sim card or bank card reissued? Maybe someone used your documents to get access to excange or wallet? I see only talks, but havent seen any proof from users. I think sold documents are used to verify in airdrops or other distributions of useless rewards; something about what existance you will never know.

[ovcijisir]

Nope, I am not comfortable sharing my kyc data at casinos or elsewhere. But, I do kyc, if I really need the service.

...and opinions about stricter and stricter regulations that require users to share personal data for every withdrawal?

WDYM? You do kyc and you should be sorted for good while, service may ask for re-kyc after a while.

I meant that with stricter and stricter regulations people soon will probably won't have any choice but to do KYC.

I didn't mean that people will need to make KYC every time they withdraw, but the trend is that people could not make any withdrawals without making KYC. I recently had negative experience with bc.game, which I have been using for years, where all of a sudden they asked me for KYC for 20 USD worth of withdrawal.