Post
Topic
Board Gambling
Re: Why they need a license if bitcon is not money?
by
EarnOnVictor
on 05/12/2024, 05:40:04 UTC
In cases where the casino may get hacked and kyc documents stolen, in most cases, we can't completely put all the blame them because believe it or not, every business sometimes go through issues no matter the type of issue.
As long as the casinos follow the proper data protection measures required by regulators, they can’t be blamed. But if they don’t, then they should face complaints and possible lawsuits. This is part of the risk we take when entrusting them with our data through KYC requirements. To minimize that risk, we have to be selective in choosing the right casino to play with, and that is to stick to reputable ones, as they usually have stronger security measures in place.

true if we do KYC means we are sure that the casino we choose is the best and does have a good reputation, if there is a kidnapping incident or one that aims to thwart our victory, it can be said that an unfair casino does not want to experience losses by issuing a large jackpot,
a casino that provides a jackpot must have thought about everything and it can be said that giving a jackpot is a reward for players who have been loyal to playing, but it is given randomly and if the jackpot can come out, it means that it is indeed the luck of the winner
When you do KYC verification in a casino it must be a rebootable site otherwise you might get attacked if you jack too big.  Because your full identity will be with them and this is why all types of casino sites should avoid verification.
Funny you! Do you mean everyone should avoid KYC simply because they will be attacked? How many people have they attacked just because they win big? If you count heads in relation to the number of winners, you will realise that it is negligible. I see this the same as people should not drive or board a vehicle because some people had accidents with it, that advice is not accurate and casinos will not be busy displaying you all over the internet just because you win, they will surely respect your privacy unless you choose to compromise it yourself by flaunting the wealth around.