What KYC (Know Your Customer) means
KYC is the identity verification process every licensed US sportsbook is legally required to complete before allowing real-money withdrawals. It typically involves confirming your legal name, date of birth, and address, and sometimes requires uploading a photo ID - this process exists specifically to prevent underage gambling and money laundering, and it's a legal requirement, not an optional sportsbook policy.
Key points
- KYC is the identity verification process every licensed US sportsbook is legally required to complete before allowing real-money withdrawals.
- It typically involves confirming your legal name, date of birth, and address, and sometimes requires uploading a photo ID - this process exists specifically to prevent underage gambling and money laundering, and it's a legal requirement, not an optional sportsbook policy.
Example and context
It typically involves confirming your legal name, date of birth, and address, and sometimes requires uploading a photo ID - this process exists specifically to prevent underage gambling and money laundering, and it's a legal requirement, not an optional sportsbook policy.
Related glossary terms
These terms sit in the same part of the betting vocabulary and are useful to read next.
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