Casinos know that if they asked for this information upfront a great deal of players will not bother... I think casinos keep this information hidden so scammers do not abuse their policies
I agree with the first part and I totally understand why most casinos do not enforce kyc on registration as this will result in them losing many of potential customers. But the reason you mentioned isn't reasonable and some may even consider it unethical since a good service provider has to as clear and transparent as possible with its customers when it comes to their policies.
Most likely this is just another misinterpretation by the gambler itself to the rule of the casino. I know how reputable duelbits is so somehow, i won't agree with what OP says. As a gambler, i know KYC can be somewhat annoying but this is not new to us anymore as most of the reputable casinos these days always require KYC once you decide to withraw your funds.
Well, this is something that nobody likes, complying with a KYC is synonymous with something that always slows us down, either because we don't like to give out the data, because of the problem that we don't want leaked data or things that happen with our data, but as many have said, privacy and anonymity is a right but in these times that will end, and one of the things that casino sites can do everything legal is to require KYC to be able to have legality and authenticity due to that many licenses require it, and the most important thing for a site is to have everything within the framework of the law, and although KYC does not guarantee security, they are the protocols that must currently be followed in all casinos.
We should get used to casinos requesting KYC during big withdrawals since we are constantly being faced with such demands at some certain point.
The only way to avoid this is to play on a decentralized site only because most of the AML compliance platforms with a license will require some form of KYC if not at the beginning of your registration there will ask during the cause of your playing with them if you win an amount higher than $5,000 and you want to withdraw the whole amount, you may be asked to submit your ids.
I know that for the people that have been part of the market for a long time this is not something they like at all as they would like to keep using centralized services without having to identify themselves, but those days are over, the more this market grows the more attention it receives from the governments and the more they want to regulate it, so people need to get used to this and if they want to retain some level of privacy they have no other option but to use decentralized services.
for me KYC in gambling when needed i think is fine. meaning if a gambler enters on a gambling platform without KYC and after getting a big win he wants to withdraw all his money and is required by KYC to verify if he is not a robot or a criminal being manipulated in gambling.
well, it's really not recommended for KYC on gambling platforms or a gambler also almost doesn't want KYC on gambling platforms because of the risk when stored data will leak. but if you don't do anything during KYC the winnings cannot be withdrawn because each gambling platform has its own policy. i myself will always take risks because life is full of risks. choose to risk victory or not forever.
and i believe the gambling platform mentioned by the OP is a reputable platform that we can rely on for the security of our personal data
Well it's like you say, everything is a risk, in the event that a person plays on a platform where they make profits, if they are required to have a KYC then they must do it, in my case if something like that happens to me in Duelbits I would not hesitate to put all the KYC that I can, however something that would bother me is that my KYC and for unimportant things tell me that I have to do it again, as happens in some Exchanges like Binance that for KYC are quite annoying, sometimes people It is difficult for them to get certain papers, and that is something that can sometimes bother them if they do not approve it, I prefer to do a KYC with video, identification with a name, something like that, that are not so radical.
We should get used to casinos requesting KYC during big withdrawals since we are constantly being faced with such demands at some certain point.
The only way to avoid this is to play on a decentralized site only because most of the AML compliance platforms with a license will require some form of KYC if not at the beginning of your registration there will ask during the cause of your playing with them if you win an amount higher than $5,000 and you want to withdraw the whole amount, you may be asked to submit your ids.
I know that for the people that have been part of the market for a long time this is not something they like at all as they would like to keep using centralized services without having to identify themselves, but those days are over, the more this market grows the more attention it receives from the governments and the more they want to regulate it, so people need to get used to this and if they want to retain some level of privacy they have no other option but to use decentralized services.
KYC issues for me are mainly sought by governments and obviously by banks, it is a way of following up on what people want to pursue and do, this is something that is already normal for me, it does not seem strange to me that a government wants to have control of everything, obviously in casinos through licenses it is the easiest way to enter and obtain all kinds of information, this is something that is not very good, but that every player should know, it is not the fault of the casino, as this is something that slips out of the hands of any player who wants anonymity. In the case of some sites that always want to be without this, they will probably go to war with you because they require KYC.