Best offshore sportsbooks for online betting?
in Betting Forum ·
George Sullivan13 said:So, do they just need a scan of a driver's license, or does it seriously have to be a passport?
Does anyone actually know why they're being so pushy about this?
A passport
They want it because they need to verify a few things:
1. That you're actually an adult
2. To make sure you aren't running multiple accounts
3. To cut down on fraud
4. To stop money laundering
+ plenty of other reasons, honestly.
For instance,
someone could open a bunch of different accounts and—say someone is dealing with illegal income—they deposit cash into several different sportsbooks, place some bets, and then withdraw the funds to their bank account to effectively wash the money. Makes sense, right?
The thing is, there are limits on deposits; we're talking up to maybe $3,000, though bigger US sportsbooks might allow up to $10,000.
Some places have monthly limits, some have quarterly ones, and so on...