Why Sports Betting Operators Choose GetID
There are several benefits of using a quality KYC service such as GetID. For sportsbetting operators it is of course very important to stay compliant with local regulations to avoid heavy fines. But lets have a look at some key benefits for sportsbook operators to use our KYC software.
Fast Player Onboarding
Verify new bettors in a few seconds so they can start placing bets immediately after registration. Reduce abandonment during account creation with streamlined document verification and biometric checks. Fast onboarding means higher conversion rates and more active players on your platform.
Fraud prevention
Reducing level of fraud such as multi account openings and bonus abuse.
Age Verification Compliance
Automatically verify player ages to prevent underage betting and protect your sports betting license. Our system checks for date of birth on documents and cross-references with additional verification methods. This protects minors and keeps your operation compliant with strict age verification requirements.
Essential Verification Features
Ready to Secure Your Betting Platform?
Our sports betting industry experts understand licensing requirements across different jurisdictions and can customize verification flows for your specific regulatory needs and player demographics.
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FAQ
What is KYC for sports betting platforms?
KYC (Know Your Customer) for sports betting involves verifying player identities, ages and locations to comply with sports betting regulations and prevent underage gambling and fraud.
How fast can sports bettors be verified?
Most sports betting sign ups complete verification in under 60 seconds using automated document checks and biometric verification. This helps them get started and to start betting immediately after registration.
Can GetID verify players from restricted markets?
GetID helps identify players from restricted jurisdictions through document verification and location checks. You can block access according to your licensing requirements.
What documents do sports bettors need for verification?
When asked for KYC documents by a sportsbetting operator a player will typically need a government-issued photo ID like a driver’s license or passport, plus proof of address such as utility bills, depending on your jurisdiction’s requirements.
Interested in the best practices for AML and KYC Compliance?
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