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How to Open a Betting Account

How to Open a Betting Account

Thanks to the digital age, punters can easily create a sportsbook account online and place bets from the comfort of their homes or while on the go. One of the most common questions on newbie bettors’ minds is how to open a betting account online and what essential factors to consider.

This guide takes a deep dive into this topic, exploring the following essential vital points:

  • The step-by-step process of opening a betting account
  • How to set up a betting account via mobile
  • Which bookmakers have the best online betting accounts
  • Things to consider before opening a betting account, etc

Opening a Betting Account Step-By-Step

While the process may vary from platform to platform, making new betting accounts is generally straightforward and quick. It typically takes no longer than a few minutes from start to finish.

However, the process requires steps every punter must carry out. So, let’s get straight into it.

Choose a Trusted Betting Site

The first and perhaps the most crucial step in creating a betting account is choosing a trusted bookmaker. There are many betting sites today, and not all can be trusted. So, ensure that the site you join is a licensed, regulated, and trustworthy brand with a good reputation on the betting scene.

Before they create a betting account, most experienced punters also consider the library of sports covered, betting market sizes, payment methods available, bonuses, and other essential factors.

You can open your new account once you decide on the bookmaker you want to join. All you need to do is navigate to the sportsbook’s official website. As soon as you get to the bookie’s homepage, you will typically find a big and bold button tagged “Join Now,” “Register Now,” “Open an Account,” “Create an Account,” etc. To start your bet account registration, you will need to click such a button.

Complete a Registration Form

When you click the button to join a bookmaker, a registration form will immediately appear. You must fill this form with the required personal information, including:

  • Full name
  • Gender
  • Date of birth
  • Residential address
  • Mobile number
  • Email address
  • A username and password, etc.
Register on 22Bet

Registration on 22bet.com

Once you provide the information the bookmaker requires, the next step is to accept the bookmaker’s terms and conditions and submit the form.

What to Bear in Mind When Signing Up

There are a few essential things that punters need to bear in mind when about to sign up for betting at a sportsbook for the very first time. They include:

  • Most sportsbooks have country restrictions
  • To start betting, you must be of legal age according to your jurisdiction’s local laws.
  • Ensure the personal information you provide when registering your account is accurate and correctly spelled.
  • Set your preferences, from currency to odds format, deposit limits, etc.

How Verification Works at US Betting Sites

Sportsbooks must verify KYC to vet each customer’s identity after creating a sports bet account. It helps protect them against fraud and ensure they are old enough to gamble. To do that, you need to upload the following documents:

  • Proof of identity/age document like a government-issued ID card, driver’s license, or passport.
  • Proof of permanent residence address like utility bill, bank statement, etc.
  • Proof of payment method

Select Your Preferred Payment Method

The indisputable fact about any form of sports betting is that you need to stake real money on events and would need to deposit funds to do that. So, after opening a new sportsbook account, you need to decide which payment method to use to process your funds. The good news is that most sportsbooks today come with loads of different options from which their punters can choose. And you must select a method that is convenient and comfortable for you.

What to Consider When Choosing a Payment Method

When deciding which payment method to use after joining a site, punters must consider several things. Some of the factors you should consider after you set up a betting account include the following:

  • Maximum and minimum deposit and withdrawal limits
  • Processing time deposits and withdrawals
  • Processing fees for deposits and withdrawals
  • Flexibility of payment method
Credit/Debit Card

The most common online payment processing method is undeniably through debit and credit cards like VISA and Mastercard. With this method, all you usually need to do is punch in the long line of numbers on the front, the expiry date, and the card verification value (CVV) on the online processors, and you will be good to go. This option comes with decent processing speeds and reasonable minimum and maximum limits.

E-wallets/PayPal

When you register for betting online, another popular option you will find for payment processing is E-wallets. E-wallets act as a middleman between bettors and bookmakers, creating a more secure and controlled way of quickly and conveniently processing payments. The most popular options include Neteller, Skrill, Paypal, etc.

Prepaid Card

Prepaid cards are typically preloaded with funds that punters can use to deposit into their accounts. Using this method typically provides better security and anonymity for punters as it removes the need for punters to utilize their credit/debit cards.

Online Bank Transfer

You can also fund your new online betting accounts via online bank transfer. All you need to do is transfer funds from your bank account to the betting site, which will appear on your bookie balance. However, bank transfers usually take longer and can sometimes incur processing charges.

Bank Wire/Checks

While it’s no longer the topmost choice, the good old-fashioned bank wire, and checks are still available for payment processing in online sportsbooks today. It’s usually a last resort for many punters because processing payments takes a long time.

Cash Cage

Some betting sites also have partnered with brick-and-mortar establishments. Often, these bookmakers allow punters who open a betting account to process deposits and withdrawals in person through their land-based partner’s cash cage.

Deposit Funds

After you have set up a betting account and decided which payment method to use, the next step to take on your betting method is to go ahead and deposit funds. You must navigate the bookmaker’s payment section, select your preferred option, and process the deposit.

It is also the stage where you can enjoy top sign-up betting bonuses, which most sites offer to their new punters.

Also, note that the general rule many sportsbooks follow is that the same method a punter uses to process their deposit will also apply to withdrawing any winnings earned.

Place a Bet and Get Your Free Bet

Once you have successfully deposited funds into your newly created sportsbook account, you can place bets on any sports and market that catches your fancy. You only need to find the event and stake the amount you want.

Also, some of the best new betting account offers require placing one or more bets to specific odds and values to get the bonus. So, if you are interested in free bets, you must also do that.

Alternative Sign-up Options

Typically, the way punters register accounts is to use their email addresses while providing loads of relevant information right from the start. However, another alternative method some sportsbooks allow is via social media accounts like Facebook, Twitter, etc. When punters join the betting site, these alternative options typically provide a quicker and hassle-free process. With this, the sportsbook can easily retrieve your info from the social account.

How to set up a Betting Account via Mobile

You must visit the bookmaker’s website via your mobile device’s web browser. The remaining steps are the same as we have explained. Some bookmakers have also created betting apps for a better mobile experience. With this, you need to download the app to access the platform.

Steps Explanation
📲 Online Betting Registration The mobile sports betting register process requirements are similar to what we explained earlier. You must ensure that your personal information is accurate. You must also ensure you are of legal gambling age and use a site that accepts players from your country. The relevant documents required for account verification must also be available.
💲 Add Money to a Betting Account To add money to your mobile betting account, you need to access the account via the mobile site or app, select your preferred payment method, enter the desired amount, and then process the deposit.
Account Verification When you set up a sports betting account via a mobile site or app, you must undergo the mandatory KYC verification process. You upload the relevant document through your smartphone or tablet, and you will be ready.

Bookmakers with the Best Accounts

As mentioned, the right bookmaker can make a difference in your betting experience. When deciding where to go, it’s essential to consider factors like licensing status, market reputation, sportsbook size, payment methods available, etc. Some of the best sports betting sites in the world that match all the essential factors every punter should consider when opening a new account include:

100% up to $600
T&Cs Apply
check iconMany sports
check iconIn-play mode
check iconLive streaming
Cash Rebate Bonus: Enjoy up to 25% Cash
T&Cs Apply
check icon25+ sports
check iconSuperb bonuses
check iconEasy to use
check iconVIP program
check iconLive games
check iconMany bonuses
100% up to $500
T&Cs Apply
check iconMany bonuses
check icon24/7 support
check iconMobile apps
check iconLive betting
check iconMany sports
check iconFast payouts

Things to Consider Before You Open a Betting Account

Before you join a sportsbook, there are many things that you need to consider to get access to the best experience. Let’s check out a few tips for these critical considerations.

Check the License First

To enjoy a safe, secure, and legal betting experience online, you must open a new sportsbook account at a licensed and regulated sportsbook. A valid betting license shows that a bookmaker is legal and complies with all the rules and regulations that protect players. Examples of reputable licensing bodies include the United Kingdom Gambling Commission, Malta Gaming Authority, Kahnawake Gaming Commission, etc.

Do Not Choose the First Bookmaker You See

When deciding which bookmaker to join, it’s crucial to explore multiple bookmakers and compare their offerings to find the best option. Don’t just choose the first sportsbook you come across, as the next one could offer bigger and better markets, sports, bonuses, payment methods, services, etc.

Sports Betting Sites Comparison Tool

COMPARE BOOKMAKERS

You can also open multiple betting accounts across different sportsbooks to get the best of the betting scene.

One Account per Bookie

While having accounts with different sportsbooks is legal, the same is not valid for opening multiple accounts with the same bookmaker. It is because the general rule for most sportsbooks is —one account per bettor. If a sportsbook discovers that a single punter registered multiple accounts on their platform, they will all be banned.

Underage gambling is widely frowned upon in all betting jurisdictions. So, you must be legal to engage in sports betting and sign up. Usually, you only need to be at least 18 years old to be of legal gambling age in most countries, but some require that you be 21 and above. It all depends on a jurisdiction’s local laws. Most bookmakers typically ban any account suspected to belong to an underage gambler.

If You Are Banned, Do Not Return Back

Bookmakers typically ban punters when they break an essential rule highlighted in the terms and conditions. If a sportsbook bans your account, moving to another platform is best. Trying to open a second betting account at the same sportsbook after the ban will not work out since you won’t be able to change your verification information.

What Should I Do After Signing Up

As mentioned, you can start placing bets on sporting events available on the sportsbook after successfully registering an account. But first, as we have explained earlier, you must undergo the KYC account verification process. This process is also something that a punter must complete before they can process withdrawals at most sportsbooks.

Withdrawals

If you make some winnings on a sportsbook, be it with your money or bookmakers’ new account offers, you can always process a withdrawal. You pick your preferred payment method from the chosen bookie’s available options and enter the amount you want to deposit. You should note that most bookies encourage punters to select the option they used for the deposits to avoid any possible issues. Before processing a withdrawal, you should note the minimum and maximum limits, processing time, fees incurred, etc.

Delete the Account

After their online betting registration, a bettor can decide to delete their betting account at a sportsbook for several reasons, from subpar services to developing problem gambling habits. Whatever the case, the process of deleting an account varies from platform to platform, with some being long and tedious. However, the easiest way to do so is to contact the support service so they can guide you through the deletion process.

Final Words

Now that we have explored everything you should know about opening a betting account online, the process is generally quick and straightforward. You must find a reputable bookie’s sign-up section and fill in and submit the required information. You must also undergo the KYC verification to confirm your identity. From this point, you can quickly deposit funds, place bets on your desired sports, and withdraw any winnings earned.

Frequently Asked Questions

  • How old do you have to be to create an online betting account?
    The legal age for gambling varies from one jurisdiction to another, depending on local laws. The general standard age for most countries is at least 18. However, some countries limit their gambling activities to 19 or even 21 years or older. Make sure to check your state laws before joining a sportsbook.
  • How long does it take to create an online betting account?
    The creation of sports betting accounts today has become a fast process that typically takes up to a few minutes. However, how fast the process is often varies from one bookmaker to the other. While some have a more detailed registration process, others provide a fast one, with some even providing the popular 1-click sign-up method.
  • Does opening up a betting account affect your credit rating?
    No, opening a betting account will not directly affect your credit score. However, your betting activities may show up on your bank statement, which is something that mortgage lenders consider when weighing applications.
  • Do I risk my personal information by opening a new bookmaker account?
    If you create an account with a licensed, safe, and regulated sports betting site, your personal information won’t be at risk. However, joining a “rogue” bookmaker will risk your personal information and funds.
  • Can you make multiple betting accounts?
    Most sports betting sites will only allow you to create one account. They typically restrict registration to 1 account per bettor, IP address, and household. However, you can open multiple sports betting accounts on different online sportsbooks.
  • How many betting accounts can you have?
    The general rule that most sportsbooks follow is to have one account per punter. So, you can only have one account in a single sportsbook. However, you can have multiple accounts across with different bookmakers.
  • Do I need to use different IP addresses to open an online betting account at multiple bookies?
    No, you don’t. Punters can open betting sites at multiple bookies if they don’t create more than one on a single platform. So, you don’t need a different IP address to do that.
  • Can you sign up to the same betting site with different bank accounts?
    You cannot, as most sites only allow one account to one punter. So, as soon as you upload your relevant KYC documents for verification for a second account, the bookmaker will flag the details and ban the two accounts.
  • What do I need to open up a sportsbook account?
    You must provide the correct personal information to open a sportsbook account online. You will also need to upload all the required documents for account verification, such as a photo ID or driver’s license, utility bill or bank statement, and proof of payment method.
  • Is it easy to open a betting account?
    Yes, opening a betting account online is quick and easy. It would help if you navigated to your preferred bookmaker’s registration section, fill in the required personal information, and submitted the registration form. Once you do that successfully, you can start betting on sports.
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    Jimmy E
    Author
    Writer & Tipster

    Jimmy is our on-duty tipster and writer. His favorite sports are cricket, tennis, and basketball. If you’re looking for the best betting tips in the business, Jimmy’s your guy. His tips and events previews are among the most read at BetZillion.

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