Post
Topic
Board Gambling discussion
Re: What importance is kyc In gambling section
by
Dread Pirate Roberts
on 22/07/2019, 03:11:50 UTC
Know your customer (kyc) is one security measure I support and do not hesitate to fill-in all my kyc required details. KYc is being used by exchanges, ico project some bounty managers etc.
But is kyc really needed in gambling section. I experienced a very hectic kyc procedure when trying to register onto a gambling site with them telling me they would get back to me after some day so I wonder what if I got a pressing game I needed to play immediately.
In my own opinion kyc is not of major importance in gambling section. What do you guys think

Depends on where you are betting. it is not possible for you to give details of your information to a betting broker website. because it's very risky for yourself later. we don't know what the data will be used for. and the purpose of the Kyc is to show the user's location and the legality of users using their facilities. i would think twice to do kyc in betting sites. there is tons of websites that will provide better services without doing kyc or giving sensitive information.