Account verification is done to ensure that the account is being used by the person with the true identity that is registered with the bookmaker. It is a procedure meant to guarantee the security of your betting account so that third parties cannot have unauthorized access. Online betting sites recognize that some people may open betting account fraudulently or with ill intentions, hence a rigorous identity confirmation process is essential to ensure everything is in order.
When you are opening a new betting account, you will be required to provide your official names as captured by your identification document such as national ID or passport. During account verification, you may be asked to provide a copy of these documents to confirm your personal details are correct. When you register with a certain phone number or email, a registration code is sent to that phone number or email for you to enter in the registration form. This is to confirm that the phone number or email belongs to the person completing the registration process.
You may also be prompted to verify your account when you want to withdraw a large amount of money at once. This is to protect against potential financial fraud. The verification process will ensure the money goes to the financial account of the right customer. The personal details on your ID document, betting account, and financial account must be matched. Winners of jackpots and other promotions with huge prizes should also be ready to provide proof of identity.