We’re afraid of KYC because....

[Hatchy]

The reason I posted is to post something about the going to physical casino that WhoYouCantKill posted about. Physical casinos is also not having privacy at all. There are people that know you that you do not know. They know when you are going to office and when you are going to the casino. We have discussed two cases on this forum that someone won huge amount on physical casino and got attacked on his way home. This kind of news is not common, but it can happen.

True, sometimes these attacks don't have to happen online but locally around us. I've seen many cases of people who were attacked because of information they told someone outside. It might not be intentionally, but just an over heard conversation and they got attacked on their way home. As for physical casino there's no level of privacy because when you win even the people working at the casino might have bad intentions for you and want to plan something out to steal the money you won. We don't have to be careful instead of saying that it's not possible. Everything you can imagine is possible.

[Alex077]

Maybe people simply dont like to share information about themselves for no reason. It does not matter who is asking for KYC, casino, exchange, project or stranger on the street. From childhood we were taught not to talk and tell stranger where we live, names, addresses and etc. KYC is advanced version of what were where told not to do. We were raised to be cautious and suspicious. So a person does not want to pass KYC not because he is afraid data might be lost, stolen or he cares about privacy, but that is persons nature.

I think  it’s a perfectly natural kind of caution.
But I wouldn’t say that fear of data leaks or the desire to protect privacy doesn’t play a role here. I think the two are actually connected. We were taught not to give strangers our address or other personal information precisely because we don’t know how that information might be used. Online, the situation is even more complicated: we’re not only giving this information to a company we don’t really know, but we also basically lose control over it once we send it.

[DabsPoorVersion]

There were cases in my country, where people had their personal information stolen and somebody took loans on their behalf without their permission. This happened in the past, and maybe the banks and payday loan companies had improved their loan approval process, so that nobody could take out a loan by using other people's IDs and sensitive info. I would be terrified, if someone had used my ID to do some illegal sh*t and the police knocks on my door some day. I don't want to get into detail about the potential scams and crimes, which can be committed with stolen IDs. Let's not give away more ideas to the wannabe scammers.

What kind of bank would have that kind of control, releasing a loan even if the borrower is not the actual person?

For me, the bigger risk here is not really on the person whose name was used, because with proper legal help he should be able to clear his name. The bigger problem is on the bank, because they were the ones who got scammed, possibly through their own employee.

Actually, that is really questionable on how the loan was even approved in the first place. I was wondering if the right peocess was done properly, like the initial application, having to verify the borrowers information, up until the final process prior to releasing the funds.

Taking a loan in banks usually have several layers of security to check the information before the approval of loan. There is no easy way to take a loan especially if there is someone impersonating other people, and to be able to take a loan. There's only one reason for this to happen, someone is manipulating the process. It can be an inside job, though it is hard to claim this accusation until there's enough evidence.

[WhoYouCantKill]

Maybe he has not heard of such thing or see someone who has fallen victim of physical attack, it do happen in my country, nowadays it is even the most common way of rubbing people now, that is the reason some persons avoid displaying some certain achievements in the Internet because it could be that your social media page is filled with friends and family most of them can attack a person or just organize people to harm the victim, I am so scared that I find linking any of my details that is connected to my wallet or bank account strange especially if I am not sure of the security of that site, I dare not because nowadays you can not trust anyone and anything is possible.

The world is indeed messed up and there are people who don’t mind doing whatever it takes to survive, even if it means hurting and harming others, and they literally don’t care who you are, whether you’re friend or family, so the least anyone can do for themselves is to try as much as they can to protect themselves, especially in the online space. Information flies really fast you know, and you just might not know in whose hands it will fly into. When I see people showing off their achievements, gambling wins, crypto assets and others, I fear for them because they’re only succeeding in attracting attention to themselves, both the good and the bad ones, which could potentially lead to attacks.

[Taskford]

If someone feels that giving your KYC to a casino would risk exposing that information to illegal actors, you are quite late because places where you have already submitted KYC documents, like government websites and all, already may have been compromised and data leaked before you know.

Rather one has to learn how to live with this data leak that has already happened. Nothing to be scared of in reality.

If someone does not want to submit these things, then do to no-KYC platforms which will eventually reduce in number as time progresses.

Well maybe the confidence level towards the submission on government to online casino is different.

Since government have resources to protect the data they collect from their people, while in online casinos everything is questionable, since we don't know if they could able to hold and make it safe for long time.

Worst situation if they turn scam, they are capable to sell the our data's online.

Although both have the same risk, but I think those data what we provide to the government is much safer, compare to those details we sent from online platforms.

[Perfectbaby]

Of course just as you said kyc has been a loud topic over for sometimes but still there are no changes that has been deployed over the past few years and as I know, those sites that do require kyc are just exactly following the business model, which to me I do not see any much importance of asking for such documents.
I do not see any essence of requesting for documents while those documents are not directly tied to their private wallet except for the gambling site through the deposit they are making. I also believed that gambling site can not sell our documents reason being that most of the platforms are usually requesting for a live verification and if only documents are sent how would they sell it ?

[bakasabo]

I also believed that gambling site can not sell our documents reason being that most of the platforms are usually requesting for a live verification and if only documents are sent how would they sell it ?

By live verification you mean only showing documents to camera? Or uploading them and getting instant answer? Nevertheless, once you show something in the internet it stays there forever. There is no confirmation that several people are connected to live video when you show document, and that nobody takes a screenshot, then sells identity or store it somewhere. But biggest problem is not that platform will collect and sell your documents, but that they will be robbed and your documents will be obtained by a 4th party already. Problem is that you are not able to trace (and protect) what is happening with your private data once you show it.

[ZeroVinsonN]

True, sometimes these attacks don't have to happen online but locally around us. I've seen many cases of people who were attacked because of information they told someone outside. It might not be intentionally, but just an over heard conversation and they got attacked on their way home. As for physical casino there's no level of privacy because when you win even the people working at the casino might have bad intentions for you and want to plan something out to steal the money you won. We don't have to be careful instead of saying that it's not possible. Everything you can imagine is possible.

We can't control what will happen if we win from physical casinos but when we go out of our way to announce our winnings from online casinos on social media we should also be willing to take responsibility for our actions, don't misunderstand me here though, it's sad that people can't even celebrate online out of fear of being targeted but the truth is that we know these things are likely to happen, we know how ill minded people will respond to information they get online about people success and we don't even know who wishes us harm these days so if we win anything we should try to keep the winning to ourselves, if we can't then at least keep the figure that was won to ourselves.

[Son Of Blockchain (SOB)]

There is no confirmation that several people are connected to live video when you show document, and that nobody takes a screenshot, then sells identity or store it somewhere. But biggest problem is not that platform will collect and sell your documents, but that they will be robbed and your documents will be obtained by a 4th party already. Problem is that you are not able to trace (and protect) what is happening with your private data once you show it.

Some workers or a particular worker can go rogue and try make extra cash out of the stored customer data in their platform, not the owners of the platforms selling them. Also, the security of some casinos are not very strong and hackers can penetrate them, get customers data then sell on the dark web.
 Not everyone reason is based on the facts i just mentioned, if you ask many gamblers out there,  their reason is most concerned with being anonymous, but the ones who truely value the security o their data won't like to expose it online.

[Aanuoluwatofunmi]

When should we be afraid of kyc if we truly have the information we already provided the casino, Why are we also taking the risk of losing our private information When we know that we cannot also afford release to any third party platform upon their request, some already know the consequence of using Casino requires for KYC will not argue about this and Willingly submit for this requirements when demanded for.

[ejikeme24]

The world is indeed messed up and there are people who don’t mind doing whatever it takes to survive, even if it means hurting and harming others, and they literally don’t care who you are, whether you’re friend or family, so the least anyone can do for themselves is to try as much as they can to protect themselves, especially in the online space. Information flies really fast you know, and you just might not know in whose hands it will fly into. When I see people showing off their achievements, gambling wins, crypto assets and others, I fear for them because they’re only succeeding in attracting attention to themselves, both the good and the bad ones, which could potentially lead to attacks.

Sure, that's the world we find ourselves into. And that's the more reason why we need to be extremely careful because even Those we called friends or relatives can hurt us so badly that if we are told that someone who is close to us will do such a thing to us we will find it hard to believe.

About people showing off their achievements on social media. I don't think someone who is with his or her right senses would do such a thing knowing fully well that we are no longer safe, even those that keep their achievements as a top secret still got attacked. so showing off their achievements or assets on social media is more like telling scammers that this is what I have.

[sompitonov]

When should we be afraid of kyc if we truly have the information we already provided the casino, Why are we also taking the risk of losing our private information When we know that we cannot also afford release to any third party platform upon their request, some already know the consequence of using Casino requires for KYC will not argue about this and Willingly submit for this requirements when demanded for.

Honestly, I have no reason to play at a casino without a KYC , because I simply can't understand why players would hide and place bets, or why exactly they do it. Perhaps it's to avoid paying taxes or something else, but in my opinion, it's simply more logical and safer to pay them and worry about what happens if we're discovered. Perhaps these players have more compelling reasons, but I'm not particularly interested because I've long preferred to play at reputable, time-tested casinos, and yes, downloading a KYC is no problem at all for me.

[Ojima-ojo]

Maybe he has not heard of such thing or see someone who has fallen victim of physical attack, it do happen in my country, nowadays it is even the most common way of rubbing people now, that is the reason some persons avoid displaying some certain achievements in the Internet because it could be that your social media page is filled with friends and family most of them can attack a person or just organize people to harm the victim, I am so scared that I find linking any of my details that is connected to my wallet or bank account strange especially if I am not sure of the security of that site, I dare not because nowadays you can not trust anyone and anything is possible.

The world is indeed messed up and there are people who don’t mind doing whatever it takes to survive, even if it means hurting and harming others, and they literally don’t care who you are, whether you’re friend or family, so the least anyone can do for themselves is to try as much as they can to protect themselves, especially in the online space. Information flies really fast you know, and you just might not know in whose hands it will fly into. When I see people showing off their achievements, gambling wins, crypto assets and others, I fear for them because they’re only succeeding in attracting attention to themselves, both the good and the bad ones, which could potentially lead to attacks.

Personal protective measures is very important and key to staying safe in an unsafe world like ours, the most harms that we experience most times comes from people with in us who, have access to some vital information about our movement, possession and other valuables.


Social media have exposed a lot of people and I wonder why, people keep visiting social media or posting content that can be linked to their locations, amount of wealth and where they assets are kept, the last guy that got hack attack came from his social footprint and that thought a lot of us around some lessons.

[Awaklara]

When should we be afraid of kyc if we truly have the information we already provided the casino, Why are we also taking the risk of losing our private information When we know that we cannot also afford release to any third party platform upon their request, some already know the consequence of using Casino requires for KYC will not argue about this and Willingly submit for this requirements when demanded for.

The situation is really like that, but we also know there are people who don’t like the KYC procedures required by centralized platforms. Not just casinos, but also centralized exchanges. Maybe it feels different from the KYC done on official government platforms like banks or government-launched digital wallets. Everything still requires KYC, but most people won’t really consider the risk of their KYC data being exposed.

[Bitcoin Smith]

When should we be afraid of kyc if we truly have the information we already provided the casino, Why are we also taking the risk of losing our private information When we know that we cannot also afford release to any third party platform upon their request, some already know the consequence of using Casino requires for KYC will not argue about this and Willingly submit for this requirements when demanded for.

The situation is really like that, but we also know there are people who don’t like the KYC procedures required by centralized platforms. Not just casinos, but also centralized exchanges. Maybe it feels different from the KYC done on official government platforms like banks or government-launched digital wallets. Everything still requires KYC, but most people won’t really consider the risk of their KYC data being exposed.

When we do KYC on government related websites or banking system we considerably feel safe compared to an online casino because we used to the centralized platform and we trust government more than anything but technically most of the KYC documents we submitted are handled by a third party site whether it is bank or government site or an online casino, they need to keep it safe but we know there is nothing called unhackable in the internet so the risk is always there irespective of where we do KYC.

[Odusko]

The reason I posted is to post something about the going to physical casino that WhoYouCantKill posted about. Physical casinos is also not having privacy at all. There are people that know you that you do not know. They know when you are going to office and when you are going to the casino. We have discussed two cases on this forum that someone won huge amount on physical casino and got attacked on his way home. This kind of news is not common, but it can happen.

Visiting physical casino is the most risky thing to do if you don't know and understand the environment, and there is no way for your gambling activities to be kept private since you are walking in and out and eyes are on you waiting for the big day that you will win, the risk of physical casino is not just on attacks and theft, but Billings, let say you win $5,000 in a physical casino, you may end up with $2000 after sharing your bounty prize with other gambler's who are available in the casino.

When should we be afraid of kyc if we truly have the information we already provided the casino, Why are we also taking the risk of losing our private information When we know that we cannot also afford release to any third party platform upon their request, some already know the consequence of using Casino requires for KYC will not argue about this and Willingly submit for this requirements when demanded for.

If the kyc documents demanded is on the primary level, I mean something that doesn't involve sensitive information, then you can't blame anyone for submitting them like few unharmed details, but you must also be prepared for attempts phishing attacks.

[Renampun]

Considering how valuable personal data is nowadays, I think it's not worth it to give your personal data to a casino.. maybe that data isn't that useful for getting a bank loan or applying for a credit card, but it can still reveal a lot about you.. it includes your full name, email, phone number, and various personal data.. if that data is misused by someone else, like for scams, phishing, or even impersonating you when contacting other services, it could become a serious problem for you. So I think if I could, I wouldn't choose to do KYC.

[Antotena]

Honestly, I have no reason to play at a casino without a KYC , because I simply can't understand why players would hide and place bets, or why exactly they do it. Perhaps it's to avoid paying taxes or something else, but in my opinion, it's simply more logical and safer to pay them and worry about what happens if we're discovered. Perhaps these players have more compelling reasons, but I'm not particularly interested because I've long preferred to play at reputable, time-tested casinos, and yes, downloading a KYC is no problem at all for me.

I hope you do know that some countries banned gambling and it's a crime to gamble outside even with a allowed VPN or not. Such people from region where gambling is banned and want to play gambling will first prioritize a casino that does not accept kyc to avoid any problems that will put them in tight setting with the government, sometimes they do this not because they don't want to do kyc, they do it for the fear of what may come after them.

I don't think people will want to dodge tax through kyc with crypto casino, the government does not accept crypto as tax, the earning of tax comes from after conversion and I don't think you would want to leave your money on crypto, a time will come when you are going to make conversion to fiat which you will be caught one day. I don't even think there is any casino that involves fiat deposit that does allow people to deposit without kyc, they are rare.

[avp2306]

When should we be afraid of kyc if we truly have the information we already provided the casino, Why are we also taking the risk of losing our private information When we know that we cannot also afford release to any third party platform upon their request, some already know the consequence of using Casino requires for KYC will not argue about this and Willingly submit for this requirements when demanded for.

The situation is really like that, but we also know there are people who don’t like the KYC procedures required by centralized platforms. Not just casinos, but also centralized exchanges. Maybe it feels different from the KYC done on official government platforms like banks or government-launched digital wallets. Everything still requires KYC, but most people won’t really consider the risk of their KYC data being exposed.

When we do KYC on government related websites or banking system we considerably feel safe compared to an online casino because we used to the centralized platform and we trust government more than anything but technically most of the KYC documents we submitted are handled by a third party site whether it is bank or government site or an online casino, they need to keep it safe but we know there is nothing called unhackable in the internet so the risk is always there irespective of where we do KYC.

Its incomparable, since online casinos have questionable situation on how they handle the documents submitted.

That's why even by now even if KYC has been normalize due to regulation. I still have this worried that what if that casino experience data breaching. With that provably we cannot do anything, but to accept that there's incident like that happened.

But with banks so far I trust their institution and for many years doing transaction with them, so far never experience any troubles or related issues with them.

[Hispo]

Considering how valuable personal data is nowadays, I think it's not worth it to give your personal data to a casino.. maybe that data isn't that useful for getting a bank loan or applying for a credit card, but it can still reveal a lot about you.. it includes your full name, email, phone number, and various personal data.. if that data is misused by someone else, like for scams, phishing, or even impersonating you when contacting other services, it could become a serious problem for you. So I think if I could, I wouldn't choose to do KYC.

I have a different approach: only to provide our personal information and government documents to casinos and bookies which have a very solid reputation and those which have enough money to invest on their cyber-security department. It makes sense to me to give my information to a casino like Stake, for example.
But it does not make sense to give it to a random casino which just started their journey in this ecosystem.

Again, that is my point of view, I can also respect the point of you of someone like you who wants to have a digital footprint as small as possible.