Complete KYC verification before depositing?

[dmm]

Does anyone complete KYC verification at a book before depositing any funds? I've been waiting a week for a book to complete verification for a withdrawal.

Looking at depositing at a different book, but I'm asking them to complete KYC before depositing any funds. Have rejected my high-res scan of passport twice now. They're asking instead for a photo of it instead. Glad I'm learning how difficult they are to work with before giving them any money.

[bookie]

Verifying in advance seems like a really good idea. My experience, though, is that books are reluctant to do it. I don't get why, but I guess they want to have it as an ace in the hole in case they want to delay a payout.

[Optional]

I think it is a bad idea to ask for it.

It red flags you as someone who has had trouble before and might be someone other books don't want, or someone with fake ID you want to see get approved before risking a deposit.

I don't think it helps you get paid faster in most cases either.

[DontTailMe]

Agreed. Bad idea, except in a few cases where books actively solicit your verification in advance (e.g. Heritage & BetNow). If a book doesn't ask you to verify, NEVER attempt it or you might be asking for trouble.

[lonnie55]

What does "complete" even mean in this context?

A book can ask you to send in new documents at any point, even if you considered your account to be verified before. So the status "verified" is never permanent but always temporary.

[Limited]

Books should do KYC of their customers before opening the account, however in practice they don't really do it. Opening an account and depositing money is most of the time an easy task. You will get into troubles when you will request your first EDIT** WD.
So, is it good to complete the ID verification before depositing money to them? With reliable bookies like Pinnacle or BOL, Bet365 ...etc, you don't need to worry. But if you are opening with some more shady companies, I would try to complete the verification before sending them money. But it is like other say, your verification is never permanent, and you don't know what will they come up with, on your next WD request.

[DontTailMe]

Books should do KYC of their customers before opening the account, however in practice they don't really do it. Opening an account and depositing money is most of the time an easy task. You will get into troubles when you will request your first deposit.
So, is it good to complete the ID verification before depositing money to them? With reliable bookies like Pinnacle or BOL, Bet365 ...etc, you don't need to worry. But if you are opening with some more shady companies, I would try to complete the verification before sending them money. But it is like other say, your verification is never permanent, and you don't know what will they come up with, on your next WD request.

As a few posters have already pointed out above, this is a terrible idea. It causes trouble and doesn't really fix anything. If you are a real person with a real identity and real documents to prove it, the timing of the verification shouldn't really matter.

[Donkmaster]

I think it is a bad idea to ask for it.

It red flags you as someone who has had trouble before and might be someone other books don't want, or someone with fake ID you want to see get approved before risking a deposit.

I don't think it helps you get paid faster in most cases either.

That's total bs doesn't mean anything like that sir.

Why not get it out of the way Ill bet my left ball i no the book you are talking about also.

So does this guy who works here

How is getting your KYC shit out of the way make you a criminal?

You have to send it at some point? I disagree here

[DontTailMe]

That's total bs doesn't mean anything like that sir.

Why not get it out of the way Ill bet my left ball i no the book you are talking about also.

So does this guy who works here

How is getting your KYC shit out of the way make you a criminal?

You have to send it at some point? I disagree here

He's not saying it necessarily does mean anything like that. He's saying that a sportsbook conducting risk management assessments of their players are going to find the question suspicious and put you on their radar. Someone who knows to ask this question is more likely to be either a scammer or a sharp than someone who does not. I don't see how that is arguable.

[Limited]

As a few posters have already pointed out above, this is a terrible idea. It causes trouble and doesn't really fix anything.
Someone who knows to ask this question is more likely to be either a scammer or a sharp than someone who does not.

This is generalising. Every bookie, every situation is different. From my own experiences I can say that betting pattern is way way more important than just sending them documents, when it comes to pre-verification/account flagging. Many times bookies will have in the account section some kind of upload ID/verification option. U can just use that and wait for their message - about your account being verified. Rather than asking them explicitly to verify.

EDIT: not to mention that there are bookies that wont let you place a bet before you fully do your ID verification with your document copies authenticated by public notary or similar .

[cashin81]

Id say its risky. You want to come across as a square who wants to play for fun. Asking for id verification before doesnt put you in the clueless clown category that you want to be in.

[Limited]

They will know with your first bet, that you aren't a clown, anyway. With your second bet, they will put you to 1% collar, with next bets to cents. On your ID verification that will follow, you will be requested to do selfies on your street, showing your house in background, sending them all kind utility bills, proof of income ..... With less known bookies, I would rather like to see these BS requests before actually sending them my money. I know that it doesn't guaranty you anything, but at least you kind of feel little safer.

[leovegas]

Verifying in advance seems like a really good idea. My experience, though, is that books are reluctant to do it. I don't get why, but I guess they want to have it as an ace in the hole in case they want to delay a payout.

It should become a legal requirement - verifying before first deposit is accepted. Otherwise books can cherry pick by requiring way too many things from a winning player and basically allowing 95% of their clientele (who are clueless and only lose) to deposit, and maybe even withdraw, with what I call 'glovo KYC' where the 'hiring process' and 'identity verification' take under 10 minutes. Combined.

Yes, that's because Glovo follows a predatory business model and they don't care if they 'hire' twice as many delivery riders as they actually need for that city. So KYC there is a joke.

[leovegas]

They will know with your first bet, that you aren't a clown, anyway. With your second bet, they will put you to 1% collar, with next bets to cents. On your ID verification that will follow, you will be requested to do selfies on your street, showing your house in background, sending them all kind utility bills, proof of income ..... With less known bookies, I would rather like to see these BS requests before actually sending them my money. I know that it doesn't guaranty you anything, but at least you kind of feel little safer.

To follow up my previous post: I understand entirely why books do it if they are allowed to. Reason is Players like you

[cashin81]

They will know with your first bet, that you aren't a clown, anyway. With your second bet, they will put you to 1% collar, with next bets to cents. On your ID verification that will follow, you will be requested to do selfies on your street, showing your house in background, sending them all kind utility bills, proof of income ..... With less known bookies, I would rather like to see these BS requests before actually sending them my money. I know that it doesn't guaranty you anything, but at least you kind of feel little safer.

If we are saying all books will limit you after ONE bet because youre sharp, then you are screwed anyway and the topic is pointless.

No one will hammer the value on their first bet anyway. maybe one month , maybe one year - but the point is you have to give yourself the best chance and asking to be verified only plays into the hands of the book.
Lets say you are a "lesser known" book and 98% of people dont ask to be verified, but some random people do... what would you think?

[Limited]

Lets say you are a "lesser known" book and 98% of people dont ask to be verified, but some random people do... what would you think?

Not really saying to explicitly ask for pre-verification. But if there is kind of a chance to do it in a less obvious way. Like said before, some bookies have their upload documents buttons, etc.

Books literally limit or close accounts after 1-3 bets. What matters is the size of the bet and couple of hundreds even seems little it is not a clowns' bet size. Secondly they will check if you placed the bet on their sharpest lines that have been above the market in that moment. And then they will check your Geo location. Why would a guy from Greece try to open Boylesports or TAB.

Shady bookies have a business model to robe winning players. They will give you a bonus, limit you to pennies so that you cant do your ROR or they will just come up with something like - restricted country stuff - you will get your initial deposit back if you are lucky. And say that you made 10k out of 2k first deposit. You can say bye bye to 8k cos you come from a restricted area or some other BS reason related to your ID.

Getting account verified before puts you little on the safer side but also puts you little bit on the radar, which will spot you anyway. So this trade off situation is different in every single case. There is no general answer to a question - what is better.

[DontTailMe]

This is generalising. Every bookie, every situation is different. From my own experiences I can say that betting pattern is way way more important than just sending them documents, when it comes to pre-verification/account flagging. Many times bookies will have in the account section some kind of upload ID/verification option. U can just use that and wait for their message - about your account being verified. Rather than asking them explicitly to verify.

EDIT: not to mention that there are bookies that wont let you place a bet before you fully do your ID verification with your document copies authenticated by public notary or similar .

Of course it's generalizing. But It's a good generalization to make. Asking to verify in advance doesn't really help you (unless you're using a fake/stolen identity) and might possibly hurt you. So why do it? As the poster upthread astutely mentioned, you want to appear as square as possible. Even if they're going to profile your betting, it makes no sense to give them any additional assistance.

PS: One of the guy's who you're questioning - Optional - has come to this conclusion after observing many, many player/sportsbooks disputes on the inside.

[xKMACKx]

I've verified before depositing at every book I've played with and never had a problem. (William Hill, Bet365, Pinnacle, Sports Interaction, Betway, 10bet). Might be missing a couple. William Hill made me re-verify after a new deposit once but that's it. This was after the UK books got stricter on KYC a couple years ago or so.

The longest I've waited for a withdrawal with any of the above was two days.

[bookie]

The reason I try to verify in advance is that I've had problems because I live in multiple places and can't produce documents beyond a passport, driver's license, and a bank account statement that comes to the same address as the driver's license. The big sticker has been a utility bill which doesn't come in my name, and I don't want to go through the hassle of making it come in my name.

I see the point of not asking if you've got all the conventional markers in place, but there's a lot of us that aren't shady but can't comply with a deep dive KYC. So it seems like saying to a book, "Look, this is what I've got, how about it?" makes sense. Though I recognize what you're told today can change the day you ask for a payout, at least you've got some ground to stand on if you've tried to clear it up in advance.

Also, just to be more specific, I'm thinking about the BTC don't-ask-don't-tell-unless-we-ask bet broker books Americans use to get access to Pinnacle and Matchbook.

[LeBron1992]

What Brokers are used to access Matchbook and Pinny from the US?

[jjgold]

usually doing early your hiding something do not do it

[Ignasio]

unibet.com asked for verification before i made deposit

[AribaAriba]

Im glad sports betting is normalize in casinos so offshore will have to up their game. Competitions are good for puntets.

[jjgold]

many usa books require ID also 1 time

[sweep]

I think it is a bad idea to ask for it.

It red flags you as someone who has had trouble before and might be someone other books don't want, or someone with fake ID you want to see get approved before risking a deposit.

I don't think it helps you get paid faster in most cases either.

Does a bank verify ones identity before they open an account and deposit money?? Read again what u wrote above, completely ridiculous. Same reason you cannot enter a poker tournament in a casino without having a players card. They want to verify who you are before entering. You can't just walk into a casino and throw them $500, say I'm Johnny Jitstain, sign me up for the high roller event cuz...

Come on man

[punintended]

I can see why you'd want to do it, but it's not something a recreational gambler is likely to do, so I wouldn't do it.

Better to make your deposit, place a few bets, and request a small withdrawal.

[cashin81]

Does a bank verify ones identity before they open an account and deposit money?? Read again what u wrote above, completely ridiculous. Same reason you cannot enter a poker tournament in a casino without having a players card. They want to verify who you are before entering. You can't just walk into a casino and throw them $500, say I'm Johnny Jitstain, sign me up for the high roller event cuz...

Come on man

Hes not saying books shouldnt ask for ID before deposit... Hes saying you shouldnt ask for it when it is not requested.

[jjgold]

Does a bank verify ones identity before they open an account and deposit money?? Read again what u wrote above, completely ridiculous. Same reason you cannot enter a poker tournament in a casino without having a players card. They want to verify who you are before entering. You can't just walk into a casino and throw them $500, say I'm Johnny Jitstain, sign me up for the high roller event cuz...

Come on man

sweeper offshore gambling does not have legal barriers like a bank that's why

[sweep]

Hes not saying books shouldnt ask for ID before deposit... Hes saying you shouldnt ask for it when it is not requested.

It is never requested until the punter request a payout....then it is shoots n' ladders for 2 weeks until the book verifies you. I would rather verify/confirm with book before a wager is made.

[sweep]

I think it is a bad idea to ask for it.

It red flags you as someone who has had trouble before and might be someone other books don't want, or someone with fake ID you want to see get approved before risking a deposit.

I don't think it helps you get paid faster in most cases either.

This means the books get a freeroll up until the cash out period....why would a bettor not want to know he is verified by a books KYC terms prior to wagering??? ...and your last sentence "I don't think it helps you get paid faster in most cases either" should be a nothing burger anyway...withdraw timeframes should already be set in the outfits T&C section

[Optional]

Horses for courses Sweep.

Do what suits you best.

[Vyasports]

Verifying in advance seems like a really good idea. My experience, though, is that books are reluctant to do it. I don't get why, but I guess they want to have it as an ace in the hole in case they want to delay a payout.

So you think that if your account is verified before any deposits is made then books won't have the upper hand?

Books have been delaying payouts whenever they want for any reason they deem fit. As soon as you make a deposit, books have the upper hand...that is your money.