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Author Topic: If you are afraid of releasing your kyc documents why do you gamble?  (Read 556 times)
Jasmyne
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Today at 08:27:59 PM
 #61

A gambler should determine their choice from the beginning. If they force themselves to play in a casino that will require KYC, there will still be problems later on. 
I don’t mind doing KYC on a casino platform, especially one that I have already used and that has no issues. The most important thing is that the KYC verification data is not too complicated to complete.
Some gamblers do not pay attention to details that is the major reason why you see them choosing to play in a casino where Kyc will be required. Some abandon their money because they fail to verify their account a problem they should have avoided by choosing the one that is more suitable for them to play. Not everyone will like the idea of leaving bringing their details online some are scared of exposing themselves for some reasons best known to them but in order to avoid having problems later the best thing is to make a good choice by choosing a Kyc based casino or a no Kyc.

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Today at 08:43:22 PM
 #62

Honestly, completely apart from gambling, the right to privacy and anonymity is a basic human right. Just because you engage in an activity like gambling, leaving aside whether thats good or bad  Roll Eyes you shouldnt have to give up or compromise any of your rights. Period.
Also, your financial situation is nobody elses business in general. Especially here in Germany, its part of the culture to keep a low profile rather than shout it from the rooftops if you have money, whereas in the US, for example, people seem to handle that quite differently.  Cheesy
Your starting sentence is a complete joke because now stuff like this is available only in books or dreams; no one can live privately or anonymously from birth till end. We all needed to stay in data without this. Now life is not possible just because this passing KYC is now also part of the game. Without this, having anything is not easy. A few years back few sites or institutes were doing things without this, but now it's always first.

If someone wants to live without doing anything, surely he needs to leave many of his hobbies, especially those related to trading and gambling regulations, which are strict. Just because of this, sites are not allowing any activity without passing KYC; otherwise, they are facing issues just because of not following. Recently, too many sites have ended their business because authorities are not allowing them to live without this.

 
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Today at 08:47:31 PM
 #63

To be precised, I do not like when people refused to release their documents and but are willing to use gambling site even after knowing that the gambling site will later asked for their information.
I am not sure the problem is that too many people don't want to submit their personal info to these casinos. They just hate the timing it usually comes up, which is mostly when you win a big amount of money and you're trying to withdraw it. If many casinos asked for KYC upon registration, or randomly, and not just after a big win, i doubt that a lot of people would feel hard done by.


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Today at 08:49:11 PM
 #64

Your question makes it look as though we are gambling for KYC, of course there are people who decide not to gamble due to this KYC issues because they wouldn't want their reputation to be ruined. Remember not everyone that is gambling for profit, some people are just gambling for fun that is why they find it hard to put their KYC in a casino. But as for those that are gambling for profit even though they decide not to give their KYC documents to the casino at some point you will see them giving it out, so this issue about KYC is just a matter of choice if you don't want to give out your KYC to the casino you can as well switch to no KYC casino.
Some of the no-kyc casinos do require kyc at some point,  maybe after a big win and they want to ensure they find a reason to not payout the win, then they request for the KYC and that's why it's good to read through the TOS no matter how lengthy it might be.

The worst case is those that use fake ID information on their kyc and find it hard to claim their wins later on because of discrepancies and while it's good to simply just patronize the offshore no-kyc casinos, the issue is that some would require you to use a solid VPN to be able to have access to them but then, withdrawal of winnings become a major concern at some point.

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Today at 09:15:48 PM
 #65

I don't think gamblers are afraid of KYC but most of us are more selective when it comes to KYC and we know that it's important to maintain anonymity even though for now it may be a bit eroded.

I have no problem with the existence of KYC but when there is still an option not to do it then I prefer not to do than to force for KYC because with this option indirectly we have the option to determine the decision we do and currently there are gambling sites that have good trust in terms of reputation that still uphold this (Non KYC).
KYC is just an option and all is determined from the gamblers who play if indeed this is an option and they are aware of doing KYC then it is their business but if it becomes a burden some of us will look for other alternatives by looking for sites that do not require KYC as the initial ToS.

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Today at 09:18:51 PM
 #66

It true that most gamblers cared about their personal information and their kyc, but yet still find interest to gamble. Since you have decided to gamble why don't you be that willing to release your kyc information to the gambling site or possibly use a no kyc casino to gambling to maintain your anonymity?

If you must gambled on a kyc casino then be ready to release your kyc details because there is no need being afraid of your documents knowing too well that the gambling site will definitely asked for your verification document if there is need for it. So why are you afraid of gambling? To be precised, I do not like when people refused to release their documents and but are willing to use gambling site even after knowing that the gambling site will later asked for their information.
I have no issue releasing my ID and a selfie to a site. I have issue with their process when they ask for more then that. Proof of wealth or bank statements, anything other that my ID and a selfie is being way too invasive IMO.

I play on a few sites and have given nothing more then ID and a selfie. I have multiple 10k+ wins on these sites and they have never given me any issues when it comes to making a wd. IMO when sites start asking for more, they are looking for an excuse to keep your funds or close your account. They have suspected you of cheating in some form and need a concrete reason to get you off their platform.

With so many data leaks that happen, I just don't think it's smart to release a ton of personal information to a site.

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Today at 09:31:58 PM
 #67

It true that most gamblers cared about their personal information and their kyc, but yet still find interest to gamble. Since you have decided to gamble why don't you be that willing to release your kyc information to the gambling site or possibly use a no kyc casino to gambling to maintain your anonymity?

In reality, there is no shortage of so called No KYC casino in market today. When you sign up or make any deposit, they cheerfully tell you, No ID needed just deposit and play. But when do complication actually begin? They start when any player wins substantial amount and attempt to withdraw it! Then suddenly account was placed under review and was asked to submit document for Conditional KYC. In doing so, they effectively stall or block player.

Had they been transparent from the start, player would at least have known what they were getting into. For those of us who gamble using cryptocurrency maintaining anonymity and financial freedom is primary objective. main reason for emergence of crypto casino was to bypass unwanted surveillance by third party or govt. If I am required to submit same documentation as in traditional banking, then what remain of core advantage of blockchain technology?

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Today at 09:35:36 PM
 #68

I do not like when people refused to release their documents and but are willing to use gambling site even after knowing that the gambling site will later asked for their information.

Do people actually do that?. From a couple of threads I can remember from this board, one of the common issues gamblers tend to have are when casinos promote themselves as Non-Kyc, but end up demanding for KYC, especially when a gambler decides to withdraw their winnings... But in this case, that's clearly the opposite.

I don't think anyone with clear understanding of the rules, would be reluctant to comply when the time comes, especially when there's something at stake, like the winnings. If choosing not to comply despite having a knowledge about it, was their decision, then I don't think it's a problem that anyone should be bothered about.

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Today at 09:40:08 PM
 #69

It true that most gamblers cared about their personal information and their kyc, but yet still find interest to gamble. Since you have decided to gamble why don't you be that willing to release your kyc information to the gambling site or possibly use a no kyc casino to gambling to maintain your anonymity?
If you actually think it's normal to give out your data for a leisurely service then there's probably no need to have a privacy related discussion in the first place. There's no solid reason why it could be mandatory to share your data to random services.

To start with most of these casinos if you investigate properly are not even registered in some of the regions they are being used in and to add to that what exactly do you think happens to your information if these services close down? Alot of them selling these data to scammers and hackers at the end of the day.

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Today at 09:44:10 PM
 #70


If you must gambled on a kyc casino then be ready to release your kyc details because there is no need being afraid of your documents knowing too well that the gambling site will definitely asked for your verification document if there is need for it. So why are you afraid of gambling? To be precised, I do not like when people refused to release their documents and but are willing to use gambling site even after knowing that the gambling site will later asked for their information.

A lot of people who claim they don't like KYC casinos just say it for the sake of being "online"; some of them have given their documents to sites with so many red flags.

I have given my documents to several exchanges for KYC verification, and if I am asked to submit to verify my gambling account would I hold out on it? No.

At the same time, this doesn't stop me from criticising sites that advertise themselves as no KYC but later ask for it under the "suspicious activity" camouflage they use.

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Today at 09:44:37 PM
 #71

People are generally more attracted to casinos where KYC is not mandatory and they prefer to gamble in casinos without KYC because they do not like the hassle.
But gradually they understand that KYC is a normal process and KYC is asked for the acceptance and security of an account. If KYC does not cause any harm to the account, then they are also attracted to KYC-rich casinos.
But why a gambler is attracted to gambling despite knowing that KYC has to be done is basically a purely psychological matter of the gambler.











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Today at 09:46:18 PM
 #72

It true that most gamblers cared about their personal information and their kyc, but yet still find interest to gamble. Since you have decided to gamble why don't you be that willing to release your kyc information to the gambling site or possibly use a no kyc casino to gambling to maintain your anonymity?

If you must gambled on a kyc casino then be ready to release your kyc details because there is no need being afraid of your documents knowing too well that the gambling site will definitely asked for your verification document if there is need for it. So why are you afraid of gambling? To be precised, I do not like when people refused to release their documents and but are willing to use gambling site even after knowing that the gambling site will later asked for their information.
Everyone wants to maintain their privacy and that is why they are very afraid to do KYC on casino platforms. Many can accept their financial loss but cannot accept the issue of submitting their personal documents anywhere. There are many casino platforms where gambling can be done without KYC but the platforms that are now in the top position are making KYC mandatory for their users and gamblers are not too afraid to do identity verification on those platforms because those platforms are providing their services with enough trust and that is why they have been able to occupy a good place in the gambling industry. I did KYC on stake and I was not afraid to do it but I am confused about whether I did KYC on any other platform apart from this. Because I myself am afraid to do KYC on gambling sites. A lot of new casinos are coming into the market but not all of them are able to survive. So usually doing KYC on any platform is definitely risky. And it is normal for gamblers to be afraid in these matters.


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Davidvictorson
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Today at 09:48:25 PM
 #73

It true that most gamblers cared about their personal information and their kyc, but yet still find interest to gamble. Since you have decided to gamble why don't you be that willing to release your kyc information to the gambling site or possibly use a no kyc casino to gambling to maintain your anonymity?

If you must gambled on a kyc casino then be ready to release your kyc details because there is no need being afraid of your documents knowing too well that the gambling site will definitely asked for your verification document if there is need for it. So why are you afraid of gambling? To be precised, I do not like when people refused to release their documents and but are willing to use gambling site even after knowing that the gambling site will later asked for their information.
Personality when I make commentary on KYC issues in casinos, especially when responding to others, I get the vibe that people are not really bothered about the KYC what they’re really concerned about is that some of these casinos are not opened about their KYC policy from the onset. They feel deceived at the point of withdrawal when KYC documents are requested for. I always tell players, if you are not sure, ask before you even sign up or make your first deposit.

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Today at 10:00:04 PM
 #74

It true that most gamblers cared about their personal information and their kyc, but yet still find interest to gamble. Since you have decided to gamble why don't you be that willing to release your kyc information to the gambling site or possibly use a no kyc casino to gambling to maintain your anonymity?
Non-Kyc casinos would have been a better option for most users if they had a different legal licensing system, but that doesn't even make sense because the crux is to have higher authorizations to snoop into, verify if a user is real and to identify a user who is likely to be of a financial risk. Illegal casinos are the only alternatives to evade the KYCs, but the risk involved is more than all effort stay pseudonymous.

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Today at 10:02:05 PM
 #75

Personality when I make commentary on KYC issues in casinos, especially when responding to others, I get the vibe that people are not really bothered about the KYC what they’re really concerned about is that some of these casinos are not opened about their KYC policy from the onset. They feel deceived at the point of withdrawal when KYC documents are requested for. I always tell players, if you are not sure, ask before you even sign up or make your first deposit.

That's true, I'm not always bothered about the KYC verification. But if a casino requires KYC verification they should inform gamblers from the beginning not when they Hits a huge amount of money that they will start requesting for KYC verification, Because it is not fair like that. infact currently there's no casino that is KYC free due to the shits that is  happening lately. So all casinos sites want to be security cautious, and I must say that the KYC verification is also happening matters because if not that the rate of casino scam would have been much.

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Today at 10:02:11 PM
 #76

It true that most gamblers cared about their personal information and their kyc, but yet still find interest to gamble. Since you have decided to gamble why don't you be that willing to release your kyc information to the gambling site or possibly use a no kyc casino to gambling to maintain your anonymity?

You should have summarize your content by telling us that since we are not ready to drop our KYC information on an exchange, why do you want to trade our coins? Not all exchanges are centralized. We have decentralized exchanges and the centralized ones.
The same is applicable to casinos and not all casino are ready to take your information when they know that some players will never drop their KYC info for any reason. Players can switch to no Kyc casinos and play games their instead of sticking to where their information will be needed.

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Today at 10:08:11 PM
 #77

It true that most gamblers cared about their personal information and their kyc, but yet still find interest to gamble. Since you have decided to gamble why don't you be that willing to release your kyc information to the gambling site or possibly use a no kyc casino to gambling to maintain your anonymity?
So because I want to gamble, I must release my identity? I don’t have problem submitting my KYC to gambling sites, but I will have to confirm the legitimacy of the gambling site before I submit my identity. I won’t just make use of a random gambling site which I haven’t seen so much positive review about, and am going to release my identity, I don’t even think it’s proper.

Anyone that doesn’t want to reveal their identity should just make sure they use non KYC gambling site, and they will be able to have fun without revealing their identity. Actually they should make sure they check the casino terms and conditions first.

Some casinos won’t request for KYC when you are making deposits, or whenever you are making withdrawals of little amount of money, but whenever you are planning to withdraw a huge amount of money, they going to ask for KYC.

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