why some players still fear kyc?

[Dr.Osh]

Due to poor KYC data security, there have been numerous cases of casinos selling user data, and this is quite common.
KYC requests seem like a threat to most people. There's no real guarantee of the security of data submitted to a casino, and it can become a serious threat at any time.

[Aanuoluwatofunmi]

Going through the process for KYC and not being able to meet up with the whole thing is why some get anxious over coming in contact with KYC while using a casino, because the moment we are unable to provided the needed documents or request made, we may experience having a barrier from using the platform for gambling until we do so, the break or anything that could hinder them from gambling is what gamblers often try to avoid.

[Hispo]

In this case, irnos quite irrelevant of the casino itself is big or small one, if they have food intentions for them business and also for their gamblers, then they would obviously not want information to get leaked.

The problem is when the casino itself does not have good faith and willingly sells information of their gamblers in order to further profit from them. It is a tactic which is usually applied by small and shady casinos, which seek to increase their bankroll in the shortest period of time.
Keeping that in mind, it makes sense for people to be afraid of giving KYC information to any casino one crosses paths with.

[CryptoHeadlineNews]

Due to poor KYC data security, there have been numerous cases of casinos selling user data, and this is quite common.
KYC requests seem like a threat to most people. There's no real guarantee of the security of data submitted to a casino, and it can become a serious threat at any time.

And that's the main reason why you need a trusted and reputable casino to gamble on just as O.P earlier stated in his first statement above. Because despite the fact that a reputable casino might be said to safeguard our KYC, it still doesn't mean if a particular account is alleged to be linked with fraud and the government requested for the KYC details of that particular account, that the casino won't grant such request by law enforcement agencies. Because when you use a reliable and reputable casino, at  least it gives you a certain level of safety than when you use a random casino that has got no reputation, which is why it's good to always do your own research to know the best casinos. And the good thing is that this forum has got lots of them running signature campaigns e.g Rollbit, Duelbit and Rainbet casino.

[coolcoinz]

I fear KYC not only when it comes to casinos, but also any other services, like exchanges.

First of all, I don't believe in making everyone responsible for a single bad actor. It's like they're saying, 1% of people launder money, therefore 99% of people have to go through unnecessary checks and risk data leaks. I simply do not accept it. Why do I have to lose something (privacy) for someone else to rule me out as a potential scammer?

Then there's a problem of KYC abuse by casinos, where they claim that this or that is needed, but eventually change that and require more proof, while you think that you're done because you've provided the picture of your ID.

[ejikeme24]

Due to poor KYC data security, there have been numerous cases of casinos selling user data, and this is quite common.
KYC requests seem like a threat to most people. There's no real guarantee of the security of data submitted to a casino, and it can become a serious threat at any time.

You're right the security of our KYC Data is not guarantee so therefore it is good to be mindful on how we expose our KYC Data more especially in casino, just like you said that most casinos get paid to disclose users data and this is the more reason why casinos should not be trusted 100% but the thing is there's no way we can avoid disclosing our KYC Data to the casino unless we will chose not to gamble anymore because currently almost all the casinos have KYC so there's no way we can escape it. But my only advice is that while joining casino we need to make sure that it is a reputable casino with a good reputation not just joining anyhow casino.

[aysha9853]

I get the data leak fear but that is only part of itf, for a lot of players KYC just feels like losing privacy forever, once your docs are uploaded you do not control where they end up or how long they are stored, even big companies get hacked so people think why take the risk if there are casinos that do not ask for it at all.

[Furious 7]

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.

Kyc is supposed to reserved details of clients  on the casino, so any casino that exposes there client detail is not only causing harm to the client but also to there casino because if the details of clients are not secured it definitely will affect the trust level of that casino one can not freely work with that casino because you can'not be sure of your details safety and security
Most times this kyc procedure can be regorous and players find the procedures stressful and sometimes lose interest

Some casinos, even outside of casinos, require users to perform KYC. I think the purpose is for security, so here they are trying to protect user details to keep them safe, and that will also make users comfortable if they really secure their personal data. However, we also have to be careful when performing KYC, meaning we shouldn't do it under the pretext of fraud, so we also have to be smart.

But it's not surprising that KYC makes many users lose interest in continuing, especially if it is very strict, and yes, I think some users are not afraid or don't dare, but are more lazy to follow the KYC procedure that is proposed. KYC is intended for security, so even if it is strict, users must follow it, especially if this is one of the requirements for large withdrawals.

[Orpichukwu]

Due to poor KYC data security, there have been numerous cases of casinos selling user data, and this is quite common.
KYC requests seem like a threat to most people. There's no real guarantee of the security of data submitted to a casino, and it can become a serious threat at any time.

It's not just the casino selling KYC data, but it appears that most of the third-party services which this casino makes use of are easily breached, and access to users' data is gained, which will be sold in the black market. Someone can not be afraid of their asset and still be thinking about their data not getting into the wrong hands at the same time.

[uneng]

Due to poor KYC data security, there have been numerous cases of casinos selling user data, and this is quite common.
KYC requests seem like a threat to most people. There's no real guarantee of the security of data submitted to a casino, and it can become a serious threat at any time.

Even personal data sent to government's services end leaked somehow. Now imagine delivering personal informations to third party companies you don't know personally and which don't have any personal obligations with you. It's indeed common, and those services don't even care when data is leaked, to say the truth. Gamblers don't stop playing on such platforms when data is leaked, while casinos still make some extra profit by selling the informations.

I wouldn't say it's about fearing kyc, though. It's just about being mindful where you expose yourself and thinking rationally where we are going to reach this way as society. The prognosis doesn't look good, and I the worst aspect of this is how people accept everything imposed to them blindly, like fool sheep.

[hyudien]

I get the data leak fear but that is only part of itf, for a lot of players KYC just feels like losing privacy forever, once your docs are uploaded you do not control where they end up or how long they are stored, even big companies get hacked so people think why take the risk if there are casinos that do not ask for it at all.

While some casinos currently don't include KYC as a requirement, they will eventually require it, and it's unavoidable, especially crypto casinos. Take the casinos on this forum, for example, where KYC is already mandatory. Hacking and data misuse are certainly frightening threats for gamblers, and even at reputable casinos, we still feel a sense of dread.
My strategy for minimizing risk is to tighten account security with 2FA at casinos where I've completed KYC.

[criptoevangelista]

I get the data leak fear but that is only part of itf, for a lot of players KYC just feels like losing privacy forever, once your docs are uploaded you do not control where they end up or how long they are stored, even big companies get hacked so people think why take the risk if there are casinos that do not ask for it at all.

While some casinos currently don't include KYC as a requirement, they will eventually require it, and it's unavoidable, especially crypto casinos. Take the casinos on this forum, for example, where KYC is already mandatory. Hacking and data misuse are certainly frightening threats for gamblers, and even at reputable casinos, we still feel a sense of dread.
My strategy for minimizing risk is to tighten account security with 2FA at casinos where I've completed KYC.

Casinos, if they want to reach the mass market and a much broader audience, will have to become legal and follow regulations, and KYC is part of that. I think it’s only a matter of time before all of them comply with the rules. After all, there is a lot of money at stake, with potential customers far beyond the crypto environment, and they will never stop trying to capture a share of that market.

[Fredomago]

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.

Yes, that's the point. Small amounts don't matter. I think that when you earn a lot of money, above $10k, they ask for it, and with good reason. The bad thing is that every time we leave our documents in places, it's likely that at some point they will be leaked or sold. It's delicate; it should be in exclusive, authentic, and reliable places.

That's how they are going to play to delay the process especially if you are requesting to withdraw huge amount of winnings, though it's part of thier terms and condition where they can ask for additional information or any proving that there's no issue with your winnings, and like what you just mentioned there's not assurance that your information will be safe after submitting it, either the server may got hack or the owner itself will leaked or sold their data.

[Powerjumboo]

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 don't know who is doing what, but I have no objection to submitting KYC because I think that if KYC is completed with my ID card, even if they can determine my identity, they will not be able to harm me. Moreover, I have not suffered any harm while submitting KYC documents to various places because they have stored them faithfully. In particular, I think that a trustworthy platform would not want to harm its customers. Moreover, I have not seen any problem with submitting KYC on the casino platform where I gamble. However, I can gamble without passing KYC completely and if they ask me to submit KYC there, I will submit it. I will have no objection.

[MRY]

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.

Yes, that's the point. Small amounts don't matter. I think that when you earn a lot of money, above $10k, they ask for it, and with good reason. The bad thing is that every time we leave our documents in places, it's likely that at some point they will be leaked or sold. It's delicate; it should be in exclusive, authentic, and reliable places.

That's how they are going to play to delay the process especially if you are requesting to withdraw huge amount of winnings, though it's part of thier terms and condition where they can ask for additional information or any proving that there's no issue with your winnings, and like what you just mentioned there's not assurance that your information will be safe after submitting it, either the server may got hack or the owner itself will leaked or sold their data.

Such a result as the leakage of personal data can become a valid threat that we need to recognise when it comes to working with those platforms which lack rigid and open policies. We normally overlook digital information security to adopt deliberately sluggish administrative processes so as to hold our assets in their systems. Postponing withdrawals is an age old strategy that is most most deleterious and therefore we have to rethink on a decision to make of giving sensitive documents to ensure our identities are not abused by reckless third parties.

[Asiska02]

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.

You’re right but have you ever thought of thinking about it in this way. What if the people that are going to ask for the data are going to pay them big amount of money, don’t you think even with their reputation they can succumb to that and give them access to our personal information. I have longed thought of this for long, customer data’s are still facing high risk of exposure from similar companies, but we can’t tell until they’re caught red handed before we can assure they’re doing it.

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.

There is always a limit to how every company can be so honest enough to, when you give them a good offer they stand not to get or not realistic, they may want to do it and forget about the reputation they’ll tend to lose.

[Hazink]

Casinos, if they want to reach the mass market and a much broader audience, will have to become legal and follow regulations, and KYC is part of that. I think it’s only a matter of time before all of them comply with the rules. After all, there is a lot of money at stake, with potential customers far beyond the crypto environment, and they will never stop trying to capture a share of that market.

Regulation is already dominating the space. Most casinos are already registered and licenced with each country's regulator and the ones that find it hard to do that leave their country, but still somehow benefit from those who are their as they can either be offering offshore services or those their customers will keep on using VPN to access it, many countries just make regulatory requirements very difficult for some casinos to meet which force them to leave there market

[boyptc]

Due to poor KYC data security, there have been numerous cases of casinos selling user data, and this is quite common.
KYC requests seem like a threat to most people. There's no real guarantee of the security of data submitted to a casino, and it can become a serious threat at any time.

Yes, this is all the reason why we don't like kyc.

We're obedient gamblers and if we're asked to kyc, we'd do it in seconds. But because of the back doors and hacks that are happening from casinos and other platforms that asks for our identity.

We don't want any other third party to hold our identity because they can use it for illegal things that we're not aware of for which our identity and names have been involved of.

While we know that security is a big issue and not all casinos can promise safety 100%. But at least we see those who are doing something to increase their security is a must to strengthen the trust they're getting from their users.

[PX-Z]

... 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.
...

Are you new to crypto? You could say the same thing about crypto casinos, exchanges, and other major financial platforms that are still operating today, even after being breached in the past. What were the consequences? Practically none. No real accountability. Just an press release saying the’y will "investigate", and then silence.

That's why you can't blame other gamblers to think that way. When history keeps showing that data breaches lead to little or no responsibility, trust naturally erodes.

[LUCKMCFLY]

The both situation is very possible, either it is leaked or sold, just recently there was an email sent across to customers by stake, they said they had a security breach and some customers information was exposed and the risk of this breach is that those scammers that got the information could use it to blackmail the individual or use it to commit a crime which would not be tracked down to the innocent person that didn't use his information to commit any crime. In other case, the non reputable casino can even sell customers information to scammers.

These are very delicate matters, and that's a premise that explains why I'm not a KYC person, Even so, I know that one is always exposed to many things, dangers among other things, but one must be very careful That's why I don't play in many casinos, only in my favorites; in fact, Stake is one of my favorite MSI casinos.