Are you comfortable with sharing KYC data with casinos?

[Joeboy]

If a casino site begins to demand for your personal details(KYC), and you give jnz then just know that you basically will lose control over where or who that your information may eventually end up with, and that is what is very disturbing...Even if the casino is regulated m, we really still don't know what happens to our info. or who has access to it... And if they have you personal information on their system, there is no any kind of guarantee that it is safe or secured...That's why  I will always try as much as possible to avoid casinos that demands for  KYC verification. This is because there are some casino who may make it a requirement for withdrawals after any win. That is why I really love staying away from casino that mostly demand for KYC.

[ovcijisir]

~

Some casino platforms are not demanding too much in their KYC requirements now since they noticed everybody cares about their privacy, they only requested for phone numbers to be added to start and withdraw some money that is usually limited, but when you want to further withdraw big amount, they they will demand for KYC which is very ok in my opinion. I will prefer to use such casinos even though some of them with KYC do have good offers in their nodes and their multipliers.

The main problem with casinos are that, in my opinion, they use KYC as means to give additional obstacle when people want to withdraw the funds. If they were honest,they would ask for KYC during the opening of account.

This way, when people get to complete KYC during withdrawals, it seems like they just want to confiscate funds of people who respect their privacy.

[Hyphen(-)]

The main problem with casinos are that, in my opinion, they use KYC as means to give additional obstacle when people want to withdraw the funds. If they were honest,they would ask for KYC during the opening of account.

This way, when people get to complete KYC during withdrawals, it seems like they just want to confiscate funds of people who respect their privacy.

Some casinos do ask for KYC and still make it optional for people that will bet and withdraw limited amount of money from the casino. If they all make KYC mandatory for all users, they will not have customers to play in their platforms because no one is willing to share his/her privacy, but they will mostly make it clear that you will be allowed to make deposit and withdraw some amount which is mostly stated in their terms and conditions, which we mostly don’t pay attention to.

Our main problem is not the KYC, we are too lazy to go through all the lengthy words in their terms and conditions, and that’s where they do duel on when they freez your funds due to an offense that you or due to a rule you violated.

[junder]

To be honest when every time when I sign up to casino I never check their TOC so far, but on the other hand I never deposit large sums of money to the casino.

I think I only gave my info to one casino when they asked me for KYC, and now I'm feeling regrets because of it. Upside is that it is reputable casino, but you never know when it's going to leak.

Like you, I rarely check a casino's terms and conditions. Sometimes I sign up based solely on reviews and appearance, and then, if I feel confident, I'll register and make a deposit. And I've never made a large deposit myself, the most I've ever made was $100.

As for the data breach, we don't know because it's an accident, and no one knows when an accident will happen, including the casino staff. But if I'm confident in a casino, I'll just go with it.

[bakasabo]

Like you, I rarely check a casino's terms and conditions. Sometimes I sign up based solely on reviews and appearance, and then, if I feel confident, I'll register and make a deposit. And I've never made a large deposit myself, the most I've ever made was $100.

As for the data breach, we don't know because it's an accident, and no one knows when an accident will happen, including the casino staff. But if I'm confident in a casino, I'll just go with it.

I think you are a little big wrong here. You say that $100 is the amount you are ready to lose or you will think about losing it, if casino would ask you to pass KYC at some moment. But it is not $100 that you consider your tranquility or documents are worth. You risk with your balance left in casino. Some people leave casino after KYC request pop-ups if their balance is low. But everyone would be comfortable to share KYC if there are thousands on the balance.

[Satofan44]

More crypto casinos do not ask for KYC at the beginning and will only ask for KYC if they want to make a large withdrawal or get a Jackpot that exceeds the maximum withdrawal limit.

Casinos that ask for KYC at the beginning will be on my blacklist, because I don't want to give my personal data only for new Casinos or old casinos that require KYC at the beginning, it really doesn't attach importance to privacy.

You blacklist casinos that ask KYC from the start in a transparent way, but choose to play in casinos that try to prevent people from getting money when they actually win? Someone told me to be nicer, so I can say that that is some of the best logic that I have seen since the existence of internet. Keep it up, it will work out great for you.

If a casino site begins to demand for your personal details(KYC), and you give jnz then just know that you basically will lose control over where or who that your information may eventually end up with, and that is what is very disturbing...Even if the casino is regulated m, we really still don't know what happens to our info. or who has access to it... And if they have you personal information on their system, there is no any kind of guarantee that it is safe or secured...That's why  I will always try as much as possible to avoid casinos that demands for  KYC verification. This is because there are some casino who may make it a requirement for withdrawals after any win. That is why I really love staying away from casino that mostly demand for KYC.

Yet you happily submitted your KYC data to a crypto exchange and many other services, where the same exact issue is present. This inconsistency is often the downfall of most people. Your argument is only valid if you actually practice what you preach in a consistent way.

The main problem with casinos are that, in my opinion, they use KYC as means to give additional obstacle when people want to withdraw the funds. If they were honest,they would ask for KYC during the opening of account.

This way, when people get to complete KYC during withdrawals, it seems like they just want to confiscate funds of people who respect their privacy.

That's right. There is no reason to do it this way. This is very different from swap services where the incoming funds could be suspicious for any number of reasons, even though plenty of them abuse these rules too. In the casino, this does not apply because you are winning money from the casino. I think if they wanted to be honest they would split into 2 clean groups: always KYC and never KYC. There is no justification for the no KYC group to ever do KYC. If the winnings are large, just place a limit from the beginning so that there is a maximum amount that can be won. No KYC is needed.

Like you, I rarely check a casino's terms and conditions. Sometimes I sign up based solely on reviews and appearance, and then, if I feel confident, I'll register and make a deposit. And I've never made a large deposit myself, the most I've ever made was $100.

Do you buy things before checking them in detail and engage in other activities in a reckless way? You should change your way before you get hurt in some way, you are a prime and easy target for scamming.

[r_victory]

Despite my distrust, if necessary, I would share my data and complete the KYC verification without hesitation. If we stop to think about it, we share our data with almost every service we use, and in all of them we run the risk of someone selling it and it becoming exposed. It's not just casinos.

[passwordnow]

The main problem with casinos are that, in my opinion, they use KYC as means to give additional obstacle when people want to withdraw the funds. If they were honest,they would ask for KYC during the opening of account.

This way, when people get to complete KYC during withdrawals, it seems like they just want to confiscate funds of people who respect their privacy.

I agree, while many gamblers are willing to comply for the kyc if they want to gamble at first and before making a deposit. The casino should have been transparent with that. Because doing it before a withdrawal really is a painful process when the gamblers mostly want to have fun and withdraw when there's money. The process that happened with me on stake is they've asked me that even if they were okay with no kyc for a very long time. But regulations happen and the good thing about what they did is they've informed all users that everyone has to do it and there's a deadline until when.

[Odogwu-Blockchain]

Despite my distrust, if necessary, I would share my data and complete the KYC verification without hesitation. If we stop to think about it, we share our data with almost every service we use, and in all of them we run the risk of someone selling it and it becoming exposed. It's not just casinos.

Many times there is a successful betting experience, a KYC verification would be required these days, there has been a problem with that because casinos do confiscate and deny the KYC just to forfeit you of your winning.

Also, it'd be better to submit kyc before depositing on any casino platform to avoid this trap, many gamblers are falling into this trap for real.

[Muba20]

If you want to register and gamble at a casino, you have to do KYC. In this case, I must complete it. If someone has any doubts about sending data to the casino, he can ignore that site, but he must have given his personal information to some other platform. How do you know if his information is leaked from there? If I sign up on a site, I quickly do it there if it asks for KYC. As a gambler, I think it is not a big deal. Moreover, a gambler can never tell which site is safe for KYC and which is not.

[Fivestar4everMVP]

If you want to register and gamble at a casino, you have to do KYC. In this case, I must complete it. If someone has any doubts about sending data to the casino, he can ignore that site, but he must have given his personal information to some other platform. How do you know if his information is leaked from there? If I sign up on a site, I quickly do it there if it asks for KYC. As a gambler, I think it is not a big deal. Moreover, a gambler can never tell which site is safe for KYC and which is not.

True but always better to choose only reputable and well trusted casinos when it comes to performing kyc verifications, some new casinos with no track record may sometimes engage in illegal activities with the users kyc data and this exposes the users to some risk of theft which they might not even be aware of.

Personally, I am not against gambler passing kyc verification on casinos because it's something I've done already and will do it again and again so long as I believe the casino I am giving my personal data can be trusted.
I personally see no reason withholding personal data from trusted casinos since it's something that is required by law, not the casino itself demanding for such information.

[leonair]

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.

To be honest I am the same. I don't have a record of using a large amount of money in gambling. So the amount I gamble doesn't require kyc. KYC is a bother to me but I am not serious about KYC and I am not afraid. I constantly see on this forum that everyone says that doing KYC is very risky but I have not seen a story of anyone getting into trouble yet. Those who have faced any problems doing KYC on any big gambling site. But yes it is better not to disclose your personal documents

[WhoYouCantKill]

Uneasy is how many players feel, is it understandable? Yes. KYC is one thing that protects casinos legally, though it equally hands over so many of personal information you won't be able to control as soon as it leaves your hands. Some site may handle it properly, while others do not. Leaking of data and shady employees are real risks, therefore it is meaningful to stay with the well regulated brands having clean security history.

[wozzek23]

Why is this "information" topics suddenly started to pop up. I am guessing there are some new casinos, maybe just one, maybe more, that do not ask KYC because they are not tied to any government and illegal hidden websites waiting to get taken down by governments, telling people that KYC is bad, and trying to make them find a place that doesn't ask KYC and they hope it would redirect some of that traffic to them, at enough large place that would work but bitcointalk is small for this.

[Mhizlove]

To be truthful, the fear I have when it comes to giving out my personal information, this not about casinos it's also on government or even private company's makes me very unease. It's because when your data has been imputed in their system, you don't really have control over it again and this can get the acct to be hacked, leaked or can be used against you without your knowledge.

The disturbing thing is that anywhere you go, there will be a demand of your personal information and that scares me alot. So I try all my possible best to protect or avoid sharing my personal data unless it's really necessary to do so. I have this believe that privacy matters alot and everyone are supposed to respect that it's very important.

[coolcoinz]

The main problem with casinos are that, in my opinion, they use KYC as means to give additional obstacle when people want to withdraw the funds. If they were honest,they would ask for KYC during the opening of account.

This way, when people get to complete KYC during withdrawals, it seems like they just want to confiscate funds of people who respect their privacy.

That's because it's a "Wild West" out there. They know they can write anything they want in ToS and most people will accept it without reading. Then they take advantage of this however they like.

It's usually like this. They put in the ToS that they can demand KYC at any point and that they have the right not to accept any documents that might be tampered with, or if they're unable to confirm whether the documments are legit.

You win, they ask for papers, but not ordinary ones, they want high resolution, front and back. Have an old phone? Don't have a good scanner? They won't accept it.
Or they will ask you for an electricity bill. You live in a dormitory, or in a rental apartment where the landlord pays your bills? You're screwed.

[junder]

I think you are a little big wrong here. You say that $100 is the amount you are ready to lose or you will think about losing it, if casino would ask you to pass KYC at some moment. But it is not $100 that you consider your tranquility or documents are worth. You risk with your balance left in casino. Some people leave casino after KYC request pop-ups if their balance is low. But everyone would be comfortable to share KYC if there are thousands on the balance.

I don't quite understand what you mean, but what I understand from your explanation is that it's unethical to exchange $100 for personal data, unless the amount reaches thousands of dollars, in which case KYC is more convenient than using the $100 amount. Is that true?

Actually, everyone's mindset and circumstances are different, so I think that's perfectly normal.

Do you buy things before checking them in detail and engage in other activities in a reckless way? You should change your way before you get hurt in some way, you are a prime and easy target for scamming.

Hmm, you're right. Although I no longer gamble with different casinos, perhaps the next time I encounter a new casino and want to try it, I should research it first. Thanks for the advice.

[OgNasty]

I would only feel comfortable sharing my KYC data with a huge company in the space.  Some brand new online casino with no endorsements and a special signup offer, no chance.  Not to mention I wouldn't trust them with my money either.

[armanda90]

True but always better to choose only reputable and well trusted casinos when it comes to performing kyc verifications, some new casinos with no track record may sometimes engage in illegal activities with the users kyc data and this exposes the users to some risk of theft which they might not even be aware of.

Personally, I am not against gambler passing kyc verification on casinos because it's something I've done already and will do it again and again so long as I believe the casino I am giving my personal data can be trusted.
I personally see no reason withholding personal data from trusted casinos since it's something that is required by law, not the casino itself demanding for such information.

I don't think about secure or not KYC already upload at casino gambling but many people avoid their document have upload at gambling website due most of them leaving in countries casino gambling not legalizing platform. I know security of casino gambling when requiring KYC will protect all user data as quite well and won't sharing to public but many user not happy with the regulation of casino gambling must verifying document ID.
Personally my country have completed problem about document information easily sharing to public trough dark website, I agree have verifying document for casino gambling but in my country gambling not allow yet by government regulation. But if casino require with KYC will do it exactly for withdrawng fund the user must verifying account firstly.

[DPHOR]

I would only feel comfortable sharing my KYC data with a huge company in the space.  Some brand new online casino with no endorsements and a special signup offer, no chance.  Not to mention I wouldn't trust them with my money either.

This simply means that you wouldn't have to gamble over there since you aren't trusting them with your documents. Of course I do not usually find it interesting gambling in such a newly launched casinos or gambling site as it's more risky share one credentials with them because they could use it for evil activity since you didn't know their real intentions.