Post
Topic
Board Gambling
Re: is KYC data on Gambling sites safe?
by
delfastTions
on 21/06/2023, 07:11:23 UTC
As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
 
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

Not all gambling website require KYC in my opinion this wasn't worth it, there is a lot of gambling website that is already trusted here in the forum that doesnt required you some kind of KYC. There are a lot of members here that is not going to give KYC that easily just because it's a requirement, normal it's already a red flag for some members, I think it's already become a big issue so some gambling website doesnt required it anymore.

In my opinion, it's not safe to do KYC on gambling websites maybe you can make an exception to the other trusted and been running for years gambling website, But still I would give my information to this website also there are a lot of gambling website that shut down. Who knows what they can do to your information after that they might just sell your information illegally and it could easily be used in illegal activities. Just don't risk it, I mean it wasn't really worth it just so you could gamble.

When it comes to data privacy the gambling casino must have their license on it but we are in the crypto currency the essence of it it's to become anonymous and the anonymity is not on the side of it anymore for me level KYC is enough. Such as an email for the forget account or password reset and even providing the withdrawal address but for the KYC submitted with ID is over committed the platform is now performing the centralized process and ignore the use of being decentralize of the crypto.
Gambling casino's argue that KYC is because they want to prevent the using of bot, now depends on the user if they're going to continue the use of the crypto gambling casino due to KYC still having an option.

In the world of gambling, there are many different reasons why a player cannot reveal his identity under any circumstances. 
For example, such a player is afraid that his employer will find out about his passion for gambling.  And this can threaten with dismissal and in general the loss of work and difficulties with new employment.  Sometimes, when the casino requires a KYC check in case of a win, such players are even forced to lose all that money from winning because they cannot reveal their identity.  Even despite the assurances of the casino that the data is securely hidden and strictly confidential.  By the way, no one believes this anymore, because information has an inherent property of losing confidentiality over time as a result of hacks, criminal sales and theft.  This is practically the law of dissemination of information on the Internet.  So really, once you pass the KYC check, you will never be sure that all the casinos in the gambling industry know that you can potentially become their client as well.  But of course this does not happen all at once, but over time.  And then you start getting ads from different casinos.  And this is no coincidence.  You have already been tagged online as a potential plsyer. 
I think that now something like this is the case with the voluntary provision of their personal data to some kind of casino or even to some kind of site.