Signing up and depositing money is pretty simple, however, withdrawing from a sportsbook is where the process gets a bit more complicated. To receive your winnings you need to provide certain documents to verify your account. While a lot of bettors consider this process time consuming, it is necessary and just easy if you have the right knowledge.
Sportsbooks are licensed and regulated businesses, they need to comply with the rules in the regions they are based. They seek to provide their customers with the best customer service likely to stand out in the industry.
It is essential to verify the bettor’s information before paying out. Here are the reasons why the sportsbook needs to verify your identity first before sending your winnings.
Every sportsbook must verify your identity and address before you can request a payout. If you don’t verify your identity and address, you won’t be able to get your winnings.
There is two primary ID that you will need to verify your sportsbook account: have a valid proof identification and residency on file.
To verify your identity, you will require to submit any of the following government-issued documents like the color copy of your photo identification with your name and date of birth.
As a universal rule, your submitted forms of Identification should be valid for at least three months they expire.
To verify your address, you will need to provide documents that clearly see your current billing address and full name. It is important that the billing statement must be less than 6 months old to be successfully verified.
You will only need to verify your identity and address once. You will have an easy withdrawal for life at your sportsbook, once your submitted documents have been confirmed.
Yes! The security of each client’s information is very important to every sportsbook. All documentation collected is handled with the utmost respect and confidentiality.
Once you are verified, all you have to do is to bet on the possible winners! Taking care of the most important details in your sports betting experience is not the most interesting part but it is necessary.