The important of KYC in casino’s.

[gunhell16]

I am never against KYC because if there is a KYC system, there is very little chance of fraud. Many people may find submitting KYC documents a hassle but if I am asked for KYC in any case, I do not think I know anything and I submit it in a moment. Moreover, if there is a KYC system on a gambling platform, then young children cannot participate in that case, in my opinion, it should be strict in this regard because every casino platform should take strict decisions so that young children cannot participate in gambling. For this, if KYC can be made more strict, then it should be made stricter.

It seems some people are afraid of these KYC things in casinos are because they are afraid of some leaks, for example the casino you submitted your personal data will get hack or they intend to leak your personal data, then that is really disappointing. So that's why most people who into cryptocurrency will against on this.

To be honest I don't care about crypto casinos that are strict with enforcing KYC anymore, because eventually regulations will continue to put pressure. It's a matter of taste, I play at non KYC casinos but every time I play the odds are bad, the credibility is an ash area so in the end I choose KYC casinos but in terms of credibility they are trusted casino.
But because so far I've been playing with the limitation that KYC is mandatory when depositing and withdrawing large amounts. As long as I play under that so no need to worry for KYC.

Indeed, many in the crypto gambling community don’t really mind the KYC requirements at first. Their main goal is simply to play, nothing else.
For reputable casinos, these procedures are usually just for standard verification.

The real problem arises when, after a user submits their KYC documents, the casino starts demanding even more requirements. This 'endless' request for documents is likely what frustrates users and turns them off from the platform entirely.

[r_victory]

All the points raised by the OP deserve highlighting because, in fact, that is the function of KYC, even if it only works well in theory, because in practice, the matter is different.

In any case, I have no problem if there is a need to go through an identity verification, even better if notified in advance.

It can become a problem when it is not explicitly stated that it will be requested and the casino uses this as a pretext to not allow you to make a withdrawal or even not to pay you (of course, most of the time this happens due to a breach of the rules/TOS by the gambler themselves). Unfortunately, it is a market in which there are all kinds of "businessmen" and "users," making it difficult to trust anyone and know who is telling the truth.

[GreatArkansas]

I am never against KYC because if there is a KYC system, there is very little chance of fraud. Many people may find submitting KYC documents a hassle but if I am asked for KYC in any case, I do not think I know anything and I submit it in a moment. Moreover, if there is a KYC system on a gambling platform, then young children cannot participate in that case, in my opinion, it should be strict in this regard because every casino platform should take strict decisions so that young children cannot participate in gambling. For this, if KYC can be made more strict, then it should be made stricter.

It seems some people are afraid of these KYC things in casinos are because they are afraid of some leaks, for example the casino you submitted your personal data will get hack or they intend to leak your personal data, then that is really disappointing. So that's why most people who into cryptocurrency will against on this.

To be honest I don't care about crypto casinos that are strict with enforcing KYC anymore, because eventually regulations will continue to put pressure. It's a matter of taste, I play at non KYC casinos but every time I play the odds are bad, the credibility is an ash area so in the end I choose KYC casinos but in terms of credibility they are trusted casino.
But because so far I've been playing with the limitation that KYC is mandatory when depositing and withdrawing large amounts. As long as I play under that so no need to worry for KYC.

Indeed, many in the crypto gambling community don’t really mind the KYC requirements at first. Their main goal is simply to play, nothing else.
For reputable casinos, these procedures are usually just for standard verification.

The real problem arises when, after a user submits their KYC documents, the casino starts demanding even more requirements. This 'endless' request for documents is likely what frustrates users and turns them off from the platform entirely.

I always experienced this too. Add also they will ask you frequently, like I think maybe after 6 months or a year you submitted your documents, they will ask again.
Sometimes you will forget to submit again and your account will end up being locked, so nextime you visit their platform, your account is already locked.

[Asiska02]

No matter how you try, KYC has become an important part of all gambling platforms, so sticking to obeying what they want is better for you than neglecting and facing problems later in your engagement in the casino. Almost all casinos have a very strict rule in players not obeying their rules and when it comes to KYC, they take it more serious and make it a very strict one for anyone that violates that rules.

Identity verification has been used as a way to reduce fraud in the casino, and this has helped to reduce that drastically. So asking for KYC by casinos is not what should be a big problem of a requirement to provide if you’re being honest to use the casino efficiently.

[maydna]

KYC now becomes mandatory so gamblers are hardly to avoids. If they often wins, casinos will ask them to do KYC. Casinos wants to know who their members by sending the document to the casinos.

If you want to do KYC, you must sure that the casinos can protect your documents and not abusing it. Once we sends the documents, we never know what casinos will do so you must really selective to choose the casinos.

If you choose the right casinos and do KYC, your document will not be used for other things. But you should be aware what they will do to protect the documents because no 100% secure when its online.

[bitLeap]

Indeed, many in the crypto gambling community don’t really mind the KYC requirements at first. Their main goal is simply to play, nothing else.
For reputable casinos, these procedures are usually just for standard verification.

The real problem arises when, after a user submits their KYC documents, the casino starts demanding even more requirements. This 'endless' request for documents is likely what frustrates users and turns them off from the platform entirely.

I always experienced this too. Add also they will ask you frequently, like I think maybe after 6 months or a year you submitted your documents, they will ask again.
Sometimes you will forget to submit again and your account will end up being locked, so nextime you visit their platform, your account is already locked.

That's why I always emphasize playing with amounts under the withdrawal and deposit limits that don't require you to submit a lot of paperwork. The bottom line is that it is up to gamblers to organize themselves so that they can play at casinos safely. Most of the KYC requests by submitting a lot of documents are due to the user's own activities that do not control financial flows both when depositing large amounts and withdrawing. Now neither fiat casinos nor crypto casinos will escape regulation.

[|MINER|]

Casinos ask your kyc because they would be breaking the law if they wouldn't. I totally understand if someone gets blocked because they didn't read the tos that they feel violated. But not everything is revolving on them and their winnings.

I will agree with you here that in some cases, especially in many European countries, if KYC verification is not implemented in a casino, it is considered a violation of the laws of that country.
However, another important issue here is that if KYC verification is not implemented, it is not possible to obtain a license from reputable license companies, which means that you will have to obtain a license from less reputable license providers or have to operate a non-licensed casino where players generally have less confidence in gambling. And this is why we will see most reputable casinos making KYC verification mandatory.

[impulse709]

Indeed, many in the crypto gambling community don’t really mind the KYC requirements at first. Their main goal is simply to play, nothing else.
For reputable casinos, these procedures are usually just for standard verification.

The real problem arises when, after a user submits their KYC documents, the casino starts demanding even more requirements. This 'endless' request for documents is likely what frustrates users and turns them off from the platform entirely.

I always experienced this too. Add also they will ask you frequently, like I think maybe after 6 months or a year you submitted your documents, they will ask again.
Sometimes you will forget to submit again and your account will end up being locked, so nextime you visit their platform, your account is already locked.

That's why I always emphasize playing with amounts under the withdrawal and deposit limits that don't require you to submit a lot of paperwork. The bottom line is that it is up to gamblers to organize themselves so that they can play at casinos safely. Most of the KYC requests by submitting a lot of documents are due to the user's own activities that do not control financial flows both when depositing large amounts and withdrawing. Now neither fiat casinos nor crypto casinos will escape regulation.

KYC is not the actual issue with the majority of the players, particularly with trusted casinos. Basic verification is accepted by many users as a security and regulation measure. The actual aggravation sets in as casinos continue to demand new documents many times after their approval and mostly when making withdrawal. That is why KYC seems to be a stalling measure instead of protection. I also believe that deposits and withdrawals should be handled by the players with utmost care to prevent an additional check being raised. As the regulations continue to increase, KYC cannot be avoided and therefore proper management of bankroll is a must in the contemporary online gambling world across the globe.

[Ziskinberg]

KYC is not the actual issue with the majority of the players, particularly with trusted casinos. Basic verification is accepted by many users as a security and regulation measure. The actual aggravation sets in as casinos continue to demand new documents many times after their approval and mostly when making withdrawal.

We may not like it but if it’s clearly stated in the TOS, can we really blame the casino for asking deeper KYC requirements?
I think they have the right to do that.

Most of the time, this only happens when you win big anyway, so if we really care about our winnings, we shouldn’t hesitate to comply. That’s just part of the deal. The important part is making sure we’re gambling with a reputable casino in the first place. If we choose wisely, then everything is safer, or at least the risk is much lower.

[tvplus006]

Some people really don’t like casinos that ask for KYC, some of my friends when they see a new casino they usually love to try them out however when they discover they request for KYC during registration they will not use the casino. ..

Many casinos have regional blockages that can be easily circumvented using a VPN. To counteract this, the casino requires KYC, and in this case, if the player is in a prohibited jurisdiction, his registration will be blocked.

[Agbamoni]

There are many importance of KYC to gambling platforms, as it helps protect them from a lot of things. However, gamblers do feel that KYC only protects the casino and not the gambler. I am aware of some complaints from gamblers who feel that a legal document should be made that will protect the gamblers' rights and personality. The privacy policy in casinos is meant to serve this purpose, but it can't because some casinos do not keep to their words after all. The platform is supposed to be fair for both the owners and the players.

[DPHOR]

Every gamblers out there should be able to understand how important kyc requirement are to gambling site, and in fact before venturing into gambling you should have it at the back of your mind that gambling sites do require kyc for a smooth operation while gambling and this would enable you have access to the gambling site in terms of making withdrawal or to the sum of the amount you would wished to withdraw from the gambling site, they will asked for verification and if they sees that you passes such verifications then you could be allowed to make withdrawal. For me, I usually asked every gamblers to pass kyc before they go ahead making deposits to the gambling site this would reduce stress and how long the kyc processes could take to get verified.

[348Judah]

KYC is very important, if not for the fact that it exposes many things about us and this also make any other third party come after us in getting some vital information about us and track us to our physical location, not going by the terms and conditions for KYC may also cause a serious threat on us, because anyone can try to impersonate us and use our information to claim access to our profiles, but with KYC, such attempt are blocked..

[ovcijisir]

Some people really don’t like casinos that ask for KYC, some of my friends when they see a new casino they usually love to try them out however when they discover they request for KYC during registration they will not use the casino. The truth is KYC is very important casinos as it helps stop a lot of illegal activity.
This are the importance of kYC in casinos.
1. Prevent money laundry.
A lot of people use casinos for money laundry however with KYC money laundry won’t be possible anymore. Those that do money laundry usually like casinos that don’t support KYC because if they do KYC in a casino and then start using it for money laundry they will easily get caught.

2. Prevent underage gambling.
I’m very sure a lot of us will not support are little children to be engage in gambling because they are still very small to handle it and so without a casino requesting for KYC during registration it won’t be possible to discover this children.

3. Stops identity theft:
With the help of KYC stolen identity are not used and people that are using the kYC are the real people and again accounts are not hacked or duplicated and with this the person using the casinos and the casinos it self are protected.

4. Protects players wins:
It help protect players wins, no one can claim your wins and even when someone login into your account they fine it very difficult to withdraw because it usually requires KYC.

Just to give you counter arguments to your points:

1. If someone wants to launder money he can make bunch of accounts with bunch of bought ID's and launder money trough them.
So KYC won't stop them if they are determined enough

2. It won't prevent underage gambling,as anyone, including minors, can create account in online casinos. KYC can prevent them to WITHDRAW their winnings. So in that case KYC serves just as obstacle to keep them from withsrawing their earned funds, and to keep funds in the casino. If the goal was to stop underage gambling, KYC would be required BEFORE creating account.

3. It wont stop identity theft, on contrary when you upload your personal information it will make you more vulnerable to identity theft in case if your data leaks from casinos database.

4. If someone withdraws your money with stolen/hacked password, I doubt casino will reimburse the loss just because user made KYC. Also Im not sure if KYC, if already done, would pose any obstacle to stealing the money.

[Yamifoud]

KYC is not useless stuff, but it rather helps the casino and perhaps the entire gambling community be protected from fraud and other illegal activities. But I don't think it is necessary if we didn't do stupid things. Unfortunately, casinos ask it like it is a mandatory thing, which I don't like. But sad to say, most casinos are doing it, which leads to the point of complying.

That is why, instead of complaining, it is better to follow their rules. Because they did this for a reason, and I believe we need to support this campaign for a better future of the gambling industry.

[Rashlyowl]

All of those reasons would be fine if the casino site was indeed good, but are all casino sites good? the answer is no bros. You should go to the scam accusation board to see how many casino sites cheat their users, they can say you laundered money when you win, even though you really didn't. Have you ever considered the negative impacts before considering the positive impacts? you need to consider both, especially the negative impacts.