why some players still fear kyc?

[m2017]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

It's not about fear, but about principles. When they try to deprive you of your right to privacy, you have no choice but to defend your position.

But how can you recognize a "reputable" casino? Even scam casinos remain "reputable" up to a certain point.

A company wouldn't spend millions, but a single person would? For example, a disgruntled casino employee with access to data. Here, the threat comes not from an abstract "casino", but from specific people who work there and have access to user data.

No matter the risk of a data leak, it remains possible. Even 1% is still a risk.

[Oshio-man]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

That kYC has caused many gamblers a lot of damage and they have vow never to gamble where there is kYC in a casino because very easy for others gamblers to know that you have win huge amount of funds from your games, even some casino owners where loosing their customers because some gamblers don't like to use huge amount of funds to gamble in case they win it will not be a challenge to them because their ID will be expose, I think this is the reason many casino don't involve kYC in their casino because they will not benefit like other casino that don't allow KYC in their casino.

[traderethereum]

But some casinos don't care about that. That is why some gamblers avoid KYC in casinos. They think their privacy is important so they will not complete KYC easily in casinos or other sites. They only want to KYC if they trust casinos.

Only choosing reputable casinos we can do to make sure that our documents are safe. But we must remember that no guarantee of safety on any website. We need to be careful when we want to KYC and always research.

But if we choose reputable casinos, we can hope they can protect our documents without a problem. They will care for their members privacy and will make sure they can do better.

[Outhue]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

I like how many gamblers are scared of KYC verifications, they care about privacy more than anything, which is not bad at all but I will like to ask them a question, are they doing the same when they want to buy Bitcoin? Are they used to peer to peer way of buying and selling their Bitcoin? How are they trading if they are into trading? Because the best place to trade is centralised exchanges and they all want KYC verifications before you can trade.

A gambler who hates casinos for asking KYC verifications and go on crypto exchanges to buy Bitcoin after passing KYC, what should we call such people? You can't trust one and not trust another, dropping your KYC information is no longer consider a safety act, Binance exchange for example can be more trusted than a online casino to keep your KYC information safer? I know a gambler who is like this and he only complains about KYC verifications from online casinos, not crypto exchanges.

[Polkeins]

And the answer is yes)
For example https://www.binance.com/ru/square/post/1086003
"The hacker received about $16 million in ETH, USDC, USDT and DAI. The hacker also transferred 6001 ETH, 900,000 DAI, $1.1 million USDC and $3.9 million USDT from the address. It is not yet known how the wallet was hacked"
That was 2 years ago and I guess there are some any others examples just a little bit smaller. So yes KYC this is a risk for platform cause nay data has price and hakers will try to get them. So if casino don't have kyc procedyre this reduces the risk of losing your data.

Again, this is an exchange, but were the KYC documents also hacked? (Sorry, I haven’t read the link yet.)

With casinos, like Stake and Metawin, I also heard they got hacked before, but there were no leaked documents. So I think the documents are way safer compared to the funds that casinos keep in their hot wallets.

Who will tell us that documents have also been leaked? Then, probably, either the companies themselves buy the data from the hacker, or the hacker sells it on the darknet. If the casino couldn't protect the money, why do you think it can protect your data?

In general, every time we enter our data on any website, we increase our risks, whether we want to or not. Online shopping, insurance companies, airlines, booking services and this is only a part of possible leaks and we have to get used to the fact that the data we leave behind can be stolen, whether we want it or not, precisely because data is also an asset.
So if there is an opportunity to do something without KYC, it is better to do it without KYC.

[dwyane36]

I like how many gamblers are scared of KYC verifications, they care about privacy more than anything, which is not bad at all but I will like to ask them a question, are they doing the same when they want to buy Bitcoin? Are they used to peer to peer way of buying and selling their Bitcoin? How are they trading if they are into trading? Because the best place to trade is centralised exchanges and they all want KYC verifications before you can trade.

A gambler who hates casinos for asking KYC verifications and go on crypto exchanges to buy Bitcoin after passing KYC, what should we call such people? You can't trust one and not trust another, dropping your KYC information is no longer consider a safety act, Binance exchange for example can be more trusted than a online casino to keep your KYC information safer? I know a gambler who is like this and he only complains about KYC verifications from online casinos, not crypto exchanges.

Those who are genuinely concerned about privacy won't use centralized exchanges. It's also worth noting that recently, many users have increasingly preferred to use platforms such as Hyperliquid rather than CEXs.
As for gambling, I think that many users would also prefer gambling platforms that don't require mandatory verification, but unfortunately, there are not many such platforms.

[Stavri]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

Aren’t they kinda right though? I mean who wants to share their ID when gambling online? People who do KYC probably prefer to stay anonymous too normally. Because this stuff is private thing. and you can’t fully trust the people you send it to.

[leonair]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

Some gamblers are afraid of doing KYC verification because they don’t want their personal information to be known by casino platforms. Nowadays, almost all platforms sell user data, but casino sites will sell user data to places where you can suffer a lot if you provide them with your legal documents. However, the case of reputable casino sites is different and they try to keep user information confidential. Still, people who are aware do not want to provide their personal information.

[Leahized]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

Basically I try to stay away from casinos that require kyc verification. Because this happened in the past, by doing kyc all his data was stolen and he was harassed by state law. However, those casinos that are approved by the government and all are very full of security, there may be no risk if you do kyc in those casinos. But instead of relying on others, you must always be careful. Because in today's era any platform is very easy to be hacked, if any bug is found by the hackers. So I think there is no need to take risk by giving your data to others. So I always avoid such casinos.

[Text]

most players aren’t really scared of casinos intentionally leaking their info what people actually worry about is the stuff that can happen outside the casino’s control even if a site is reputable they can still get hacked or their 3rd party provider can get compromised & once your data is out there you can’t take it back that’s why some players would rather just avoid KYC altogether not because they think the casino wants to leak their info but because they don’t want to take that extra risk.

[eisen33]

A gambler who hates casinos for asking KYC verifications and go on crypto exchanges to buy Bitcoin after passing KYC, what should we call such people? You can't trust one and not trust another, dropping your KYC information is no longer consider a safety act, Binance exchange for example can be more trusted than a online casino to keep your KYC information safer? I know a gambler who is like this and he only complains about KYC verifications from online casinos, not crypto exchanges.

I think there have always been players who don't understand the importance of privacy, but there are also those who are concerned about the security of their personal data, and it's these people who will be against KYC. I don't think there's any need to explain why it's bad when your personal data falls into the hands of scammers. If you want, you can search for stories related to this, I think it will give you pause. Beyond stories involving scammers, this should still be a concern, because it's your security that you should be concerned about.

[Dr.Bitcoin_Strange]

putting our details in a gambling platforms is a big risk irrespective of the year it's been created and also thier reputation.

That's true and this have always been the reason why many people just prefer to use a casino that doesn't demand for KYC or those casino that doesn't make KYC compulsory, doing KYC on any platform is a risk because it's not as secure as when you only had it to yourself without giving it to anyone. Though is might not be 100% secure again if releases to any platform but it's better to deal with a reputable casino than any random new casino.

[dunfida]

A gambler who hates casinos for asking KYC verifications and go on crypto exchanges to buy Bitcoin after passing KYC, what should we call such people? You can't trust one and not trust another, dropping your KYC information is no longer consider a safety act, Binance exchange for example can be more trusted than a online casino to keep your KYC information safer? I know a gambler who is like this and he only complains about KYC verifications from online casinos, not crypto exchanges.

I think there have always been players who don't understand the importance of privacy, but there are also those who are concerned about the security of their personal data, and it's these people who will be against KYC. I don't think there's any need to explain why it's bad when your personal data falls into the hands of scammers. If you want, you can search for stories related to this, I think it will give you pause. Beyond stories involving scammers, this should still be a concern, because it's your security that you should be concerned about.

Its quite ironic when someone complains about KYC on casinos but having no doubts on submitting KYC on exchange platforms like Binance.  Both platforms operate under similar regulations and both require user verification basing up with governments laws with anti-money laundering. The difference is that people do think that exchangers are much more safer places than with those gambling platforms on which it is actually that the same.
People would be always be thinking about leaking of information on which this one involves with that personal identity on which we do really cherish it out or doesnt want for it to leak.

Doesnt matter whether its exchangers or gambling platform on which the information that being passed through or being submitted will always be having the risks or tendency that those things would leak out but no one really knows. If you are that using up these platforms then at least you are that wary about on the probabilities of these things.

[Hatchy]

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

Aside from their data being stolen, some people just want to have full privacy online. One thing you should be aware of is that the moment you upload your personal Informations online, it's travels a long way. Sometimes we don't even know how many places they end up. Yes the casino might have users protection but they might also experience data leaks. Hackers can get these information without them even knowing so it might not necessarily be their fault. All what they can do is to continue to update their system security, ensuring that our informations are well secured and we can trust them with our data.

[xenomorfo]

Some gamblers avoid KYC because they?re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

It's not the reason why they gamble, look i am telling you frankly at least that's what i think
I avoid KYC always, not just in that one
If a service asks for documents there must be a valid reason, otherwise we are not there
i am receiving a friend who has a small child and now, with the excuse of verifying their age to protect them from pedophiles, he's asking for the children's ID.

but are we crazy?

[Wiwo]

most players aren’t really scared of casinos intentionally leaking their info what people actually worry about is the stuff that can happen outside the casino’s control even if a site is reputable they can still get hacked or their 3rd party provider can get compromised & once your data is out there you can’t take it back that’s why some players would rather just avoid KYC altogether not because they think the casino wants to leak their info but because they don’t want to take that extra risk.

Yes external factors fears is the most considerations for gamblers resisting kyc demands from casino no matter their level of reputations,  most times that datas are leaked its as a result of hacks that happen to the casino and not the fault of the casinos per say.

Gambler's have no problem to handover their documents for verifications.

But the safty of those datas is what always leads us to asking the questions as regards to kyc and at some point try to avoid it as much as we can.

[CryptoHeadlineNews]

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

And that's the exact reason why some gamblers were scared, and never wanted a KYC verified casino, because identifying a true and reputable casino back few years ago was rarely impossible, due to the fact that several casinos launched back then all had the mindset of gathering people's details, money and run away. Unlike today that we now have true and reputable casinos that has got reputation and great value to protect the privacy of it's gamblers. Example, casinos like Rollbits, Duelbit, Roobet Rainbet and Stake that has been in the industry for quite some time now and have got the reputation, whereas some still allow free gambling without kyc, but with limitations on how much you can withdraw and e.t.c.  Hence, anybody who chooses not to use KYC verified casinos now must have a personal reason why they choose not to. And everybody has a right to decide what they want.

[junder]

Some gamblers are afraid of doing KYC verification because they don’t want their personal information to be known by casino platforms. Nowadays, almost all platforms sell user data, but casino sites will sell user data to places where you can suffer a lot if you provide them with your legal documents. However, the case of reputable casino sites is different and they try to keep user information confidential. Still, people who are aware do not want to provide their personal information.

Honestly, I don't know what they gain from selling other people's personal data. I mean, selling means there's a profit, but what are they using this data for? I'm still quite confused.

It's good to be vigilant, as we should be cautious in any situation. But if we're confident because we've done our research beforehand, then doing it isn't a problem. And perhaps some people still insist on not doing it because they really want to protect their data, but they'll do it if they win big in gambling that requires KYC for the withdrawal process.

[DaNNy001]

No legit casino would leak out the informations of gamblers because they know that it is going to jeopardise their business and they don't want that...if you are making use of a reputable casino you can be rest assured that your informations are safe..looking for kyc free casinos is going to put you ar risk of so many things, your account might get hacked easily, it ensures security and safety for every user

[Synchronice]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

Leaking customer data isn't killing your own business. Lots of top companies have experienced worse and they are doing fine. The thing is, people easily forget and forgive and that's really bad. Maybe companies don't want their customers' data to get leaked but do they really do everything they can to protect that data? No, they don't, not all of them invest into their data protection infrastructure.
There have been many cases when someone's submitted KYC got leaked and then this person had lots of problems. Someone used their KYC documents for illegal purposes, took a loan on their name and then this person was in trouble instead of a real troublemaker. So, this and many other similar accidents are the reason why people really still fear KYC.