why some players still fear kyc?

[Finestream]

Yes, it's the community that doesn't like to go with kyc that's being implemented by most casinos. But we can't stop them from implementing that because they have to do it for their sakes as well.

If they will stop doing it, they'll be the ones that shall be affected based on the ruling of the government.

And so for other players, I think leakage of database is what they fear because many of these documents are being bought in the dark market if the information of each kyc verified accounts are sold there.

It’s a requirement for them to operate legally, that’s why they also require gamblers to submit KYC. Otherwise, they wouldn’t even be allowed to run their business. So we shouldn’t confuse things here. KYC is mandatory. It’s not something casinos just randomly implement without a legal basis. If it wasn’t required, they wouldn’t bother with it since it actually drives some gamblers away.

But it’s already 2025. A lot has changed since the early days when crypto casinos were flying under the radar and governments weren’t paying attention yet. Now they want the whole space regulated, and that’s just the reality we’re dealing with.

[Zigabel]

KYC is not just a fear of the possibility of personal information being disclosed by the casino. Your transaction information is stored with the relevant finance department of your country's government. By examining these private bank account transactions, they will be able to know where your money is being spent. If gambling is prohibited in the country where you live, KYC will be able to identify you very well. There may be a possibility of being punished by the prevailing laws of the country. That is why most gamblers want to remain cautious when providing personal information.

This is a very valid and true point, i didn't even think of this before now but looking at this now, i cant agree any less, this is actually the situation with those who gamble by, by passing some protocols so as to get them access to the casinos to be able to gamble.  it becomes very risky when their identity can be disclosed and they stand the risk of getting into trouble. But some casinos does have policies that protects their customers and hopefully they really does keep to such and keep their customers safe.

[Kasabus]

This is a very valid and true point, i didn't even think of this before now but looking at this now, i cant agree any less, this is actually the situation with those who gamble by, by passing some protocols so as to get them access to the casinos to be able to gamble.  it becomes very risky when their identity can be disclosed and they stand the risk of getting into trouble. But some casinos does have policies that protects their customers and hopefully they really does keep to such and keep their customers safe.

Casinos have their own databases, they don’t need to be directly linked to the government. But if the government conducts an investigation, like tracing a possible hack or money laundering that used a casino, then the casino would be required to provide certain information. That doesn’t mean the government can see everything. There are still limits, it’s not a full invasion of privacy.

And honestly, if we’re not hiding anything, our gambling transactions shouldn’t be something to worry about even if they’re reviewed.

[HelliumZ]

Users are generally afraid of doing KYC, mainly due to the fear of information being leaked, especially in countries where casinos are completely illegal, and if the government of those countries convicts them of illegal money laundering, then a user is likely to face a difficult situation. Moreover, if users in countries where Bitcoin is taxed and used, do KYC, they will have to pay additional taxes to participate in gambling, which also results in additional costs for users, which is why most users are not willing to do KYC.

[Findingnemo]

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.

Casinos or any centralized platform is selling their userbase personal information for money, it often gets hacked from their server by someone who is the one selling the details. Casinos are trying to keep the details hard but the hack is inevitable too that is why some of the players who are very keep about their privacy are not happy with sharing their KYC data to other websites. Another reason is that mandatory KYC has been enforced in the last few years so those who have been using crypto casinos for years are expecting the noKYC casino experience.

[Yamifoud]

The question arises whether we favor KYC or not. But the sad thing is that whether we like it or not, it is already there. KYC seems mandatory in most casinos. We can't find an excuse for not doing it, as we registered on the site. But what I see is that many were afraid of it because of their perceptions. They believe it is used for illegal purposes. We can't blame them either, and it was their call.  

KYC can't be replaced with other method to verified a user to prevent illegal activity from their user. but in other side with current cybercrime and identity exchange through black market become the worst things hat we must aware to be prevented. that why many gamble fear to give their full identity.

They will, as they are hiding something illegal. Avoiding KYC is not because they need privacy and are afraid of others using their information. They are afraid of getting caught for their gambling purposes.

[sunsilk]

Yes, it's the community that doesn't like to go with kyc that's being implemented by most casinos. But we can't stop them from implementing that because they have to do it for their sakes as well.

If they will stop doing it, they'll be the ones that shall be affected based on the ruling of the government.

And so for other players, I think leakage of database is what they fear because many of these documents are being bought in the dark market if the information of each kyc verified accounts are sold there.

It’s a requirement for them to operate legally, that’s why they also require gamblers to submit KYC. Otherwise, they wouldn’t even be allowed to run their business. So we shouldn’t confuse things here. KYC is mandatory. It’s not something casinos just randomly implement without a legal basis. If it wasn’t required, they wouldn’t bother with it since it actually drives some gamblers away.

But it’s already 2025. A lot has changed since the early days when crypto casinos were flying under the radar and governments weren’t paying attention yet. Now they want the whole space regulated, and that’s just the reality we’re dealing with.

Yeah, they'll be flag as an illegal business that operates wherever they are if they don't obey the laws that are implemented to them.

We as gamblers understand their perspective but if there are some choices for us to go with no-kyc, that's where we are.

What we like about most of them, they don't push for kyc if the user isn't depositing that much and just casually gambles.

[Knight Hider]

Why do casinos want your kyc? Answer that and you know why they don't get it.

[Woodie]

I know some betting companies have resorted to checking KYC documents there and then and then deleting it there after as a solution to avoid hacks or misuse of data, but then we have those other companies that just need players to get it done and have no assurance of the safety of the data because usually they get players to do this whole thing when its time to withdraw and have no choice especially when the amount is good.

[ozgr]

The risk of data leaks is always there. Many platforms have been hacked in the past, and user information got exposed. We already give KYC to tons of websites and, let’s be honest, sooner or later one of them can get breached. That’s why being cautious is completely normal. The real issue isn’t KYC itself, it’s who you’re giving your data to.

[Eternad]

Users are generally afraid of doing KYC, mainly due to the fear of information being leaked, especially in countries where casinos are completely illegal, and if the government of those countries convicts them of illegal money laundering, then a user is likely to face a difficult situation. Moreover, if users in countries where Bitcoin is taxed and used, do KYC, they will have to pay additional taxes to participate in gambling, which also results in additional costs for users, which is why most users are not willing to do KYC.

This makes me curious if casino share the KYC information to the government which their players live or they are just holding it for the sake of records in case money laundering issue occurs.

AFAIK, there’s still a lot of users in the forum that genuinely value their privacy since this is the sole reason why they become a bitcointalk member that advocates anonymity.

For some people, it’s maybe the law and other legal matter that concerns them but as a regular gambler that already done KYC verification on exchange I think there’s nothing  to worry about because casino nowadays are already reliable.

[Russlenat]

This makes me curious if casino share the KYC information to the government which their players live or they are just holding it for the sake of records in case money laundering issue occurs.

We don’t really know the exact process, but the government does have the power to require KYC records and ask platforms to provide details about gamblers using their service. That said, it’s not like they automatically get those details if there’s no investigation happening. Usually it’s triggered by something serious like money laundering, or in some cases tax evasion.

You know, gambling winnings are taxable in most countries. So if someone keeps winning and never declares it, that can raise flags. At that point, the government can start looking into it.

AFAIK, there’s still a lot of users in the forum that genuinely value their privacy since this is the sole reason why they become a bitcointalk member that advocates anonymity.

For some people, it’s maybe the law and other legal matter that concerns them but as a regular gambler that already done KYC verification on exchange I think there’s nothing  to worry about because casino nowadays are already reliable.

Me, I really value my privacy, but I’m also aware that casinos can ask for KYC anytime. That’s one reason why I don’t gamble that much. What I like right now is that even though the casinos I’m using are licensed, I still haven’t been asked for KYC documents so far.

[Somto9Light]

by passing some protocols so as to get them access to the casinos to be able to gamble.  it becomes very risky when their identity can be disclosed and they stand the risk of getting into trouble. But some casinos does have policies that protects their customers and hopefully they really does keep to such and keep their customers safe.

Even though they finally succeeded in making the by passing yet they usually get stuck up while trying to withdraw their wining, so whoever that is ready to gamble is not supposed to be afraid of sharing his KYC details to the casino. for the fact that we succeed in making the by passing from the early stage doesn't mean that we have escape the KYC verification because surely you would be ask to provide those details probably when you want to withdraw your wining unless those newly/ or scam casinos that doesn't ask for KYC verification or making it optional.

[KiaKia]

The chances of data leak is always possible but since how many years now that I have been reading about gamblers been scared of passing KYC how many online casino have been hacked and their customers data been stolen? How many of your information have you found online that's been exposed?

I don't let this KYC information bothers me because even if anyone is still going to use my stolen information for anything there is something called proof of identity, if it can't be provided then it's a stolen identity, with today's technology we have gotten passed that weakness already.

A stolen ID is very much useless today if you can't proof that you are the person who you said you are, let's say someone steal my driver's licence information and use it to register on a platform, it will be stupid of that platform to accept the ID and welcome the new user without any proof that the ID really belongs to them.

[Numeral]

[...]

A stolen ID is very much useless today if you can't proof that you are the person who you said you are, let's say someone steal my driver's licence information and use it to register on a platform, it will be stupid of that platform to accept the ID and welcome the new user without any proof that the ID really belongs to them.

Stolen data is often used by fraudsters not to register as another person on any platforms, but, for example, to influence the victim. They may call the victim, introduce themselves as a government or private service, and confirm their identity by providing some personal information about the victim. At this point, the victim begins to trust the fraudster and may then lose some of their access rights or inadvertently help the fraudster log in on their behalf to an important online platform, such as online banking. In addition, scammers are constantly coming up with various schemes, so it is better to ensure that users' personal data does not leak anywhere and remains securely protected. Whenever possible, it is better not to provide personal data.

[YOSHIE]

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.

Many people want online casinos, if they can be made almost the same as offline casinos, they come and gamble without having to go to the trouble of the KYC process, meaning come sit and gamble, taking the money and losing away, that's what many gamblers want, without having to bother sharing their identity online.

However, unfortunately online casinos have other ways to manage everything in registration, in fact there are many reasons why casinos do KYC, that is what is the real challenge today for most casinos, KYC is debated to this day.

[maknyos]

Yes, it's the community that doesn't like to go with kyc that's being implemented by most casinos. But we can't stop them from implementing that because they have to do it for their sakes as well.

If they will stop doing it, they'll be the ones that shall be affected based on the ruling of the government.

And so for other players, I think leakage of database is what they fear because many of these documents are being bought in the dark market if the information of each kyc verified accounts are sold there.

It’s a requirement for them to operate legally, that’s why they also require gamblers to submit KYC. Otherwise, they wouldn’t even be allowed to run their business. So we shouldn’t confuse things here. KYC is mandatory. It’s not something casinos just randomly implement without a legal basis. If it wasn’t required, they wouldn’t bother with it since it actually drives some gamblers away.

But it’s already 2025. A lot has changed since the early days when crypto casinos were flying under the radar and governments weren’t paying attention yet. Now they want the whole space regulated, and that’s just the reality we’re dealing with.

There is a reason behind the KYC policy, and you've already said that it's related to government policy as well. In order for them to operate with peace of mind, they have to follow what has become the policy of the government.
We also can't blame people who don't want to do KYC because the reason is quite clear that they are worried about their personal data. Although casinos guarantee data security, there is no guarantee that in the future. there will be no such thing as data leaks, even in government data leaks often occur.

[Agbe]

I don't think they are scared but they are purely foe the privacy of their lives but they have to know that no casino is 100% privacy (no KYC) this days. They would say no KYC, yes when you win small amount they would not ask for the KYC but when you win big, they will ask you KYC and when a casino suspect an account, they would ask for KYC even though the money is small.

[Ziskinberg]

I don't think they are scared but they are purely foe the privacy of their lives but they have to know that no casino is 100% privacy (no KYC) this days. They would say no KYC, yes when you win small amount they would not ask for the KYC but when you win big, they will ask you KYC and when a casino suspect an account, they would ask for KYC even though the money is small.

So you really have to expect that anytime a casino can demand KYC from its players. If we already have that mindset, then it won’t be surprising when it eventually happens.

As we know, KYC isn’t really initiated by casinos themselves, it’s pushed by governments. Because of that, rules can change, and in the future things will likely become even stricter. We might even reach a point where KYC is required before you can deposit. That’s probably the worst case we don’t want to see, but it’s still possible.

[Lida93]

It’s a requirement for them to operate legally, that’s why they also require gamblers to submit KYC. Otherwise, they wouldn’t even be allowed to run their business. So we shouldn’t confuse things here. KYC is mandatory. It’s not something casinos just randomly implement without a legal basis. If it wasn’t required, they wouldn’t bother with it since it actually drives some gamblers away.

But it’s already 2025. A lot has changed since the early days when crypto casinos were flying under the radar and governments weren’t paying attention yet. Now they want the whole space regulated, and that’s just the reality we’re dealing with.

Let not confuse the actual fear of gamblers against summiting their KYC to casinos because the data they give for KYC could be leaked, and that of the KYC being a required necessity that the casino should be requesting of or not. It's obvious that the KYC are as a result of government surveillance on the casinos which failure to exercise could lead to closures, but such as that, the casinos should strive to give confidence to their customers not by words but actions.