What Should I Do After I Open a New Betting Account

2024-12-20
8:34 PM

If you have done everything correctly and paid attention to all the necessary terms and requirements, you can start betting. However, the process does not stop at online betting registration. It’s important to know why you need to verify your account and how you can withdraw your winnings.

Account Verification

Like bettors want all the payments to be transparent, bookmakers also wish to avoid scammers. For that reason, in most sites, you must also complete the KYC verification process. Essentially, you must provide valid documents that prove your name and physical address. The KYC was introduced a few years ago to prevent money laundering and other fraudulent practices.

If you don’t complete it after you open a betting account, you will not able to perform transactions and your account will eventually be blocked. If you want to learn more on the topic of how to complete the bookmaker KYC verification process, make sure to check our detailed article.

Withdrawals

If you rollover the bonus and win money, excellent. Now it’s time to cash out your hard-earned profits. The cashier on the online bookmaker will showcase all the alternatives at your disposal. These will differ slightly from the deposit option but do not fret. It’s best to choose the same method you have used to deposit, if possible, to avoid any problems.

You need to pay attention to a couple of things, though. First, the minimum and the maximum amount you are allowed to withdraw. Second, if the withdrawals come with any fees. Finally, how long will it take for the money to reach your bank account? Fast withdrawal sites are some of the most sought-after bookies. These are all things you should check before you open a betting account with a new bookie.

Delete the Account

There are many possible reasons of why a player might want to delete their account. Constant technical issues, mediocre product, unresponsive customer support, lack of offers or the loss of gambling control are among the main ones.

And while it may sound simple, the actual how to delete a bet account process can be long and annoying, as every bookmaker holds its own set of terms & conditions. The easiest way is to contact the customer support team and state that you wish to delete your account, so they will guide you through accordingly.

Become a Member: Getting started with an online betting site

We have found that most online betting sites will follow a tried and tested formula, offering you key areas within the headers or links on the left-hand side of the screen. Here, you’ll be able to filter between certain sports, competitions, and leagues, and you might even find a quick link to check out any promotions. The main portion of the screen is then devoted to a sports betting lobby.

Of course, before you can begin building your bets, you’ll also want to make sure that you can register with your online betting site freely. Usually, a ‘Sign Up’ or ‘Register’ tab is located in the top right-hand corner. However, you can also use this step-by-step as a guide.

  1. Check out the banners on this page to find suitable online betting sites
  2. Read through our reviews and click on the links to take you over to the site
  3. Locate the registration tab
  4. Share some personal information or link one of your social (Google, Facebook, etc) accounts
  5. Enter one of our exclusive promotional codes and read through the fine print
  6. Click to create your account
  7. Enter the OTC or click on the verification link sent to your email address
  8. Return to your chosen site and complete any additional KYC checks
  9. Wait for your photo ID, proof of residence, and/or selfie to be accepted
  10. Make your first deposit, release your first bonus, and place your bets

Deposits: Funding the experience safely

Before you can start concerning yourself with the types of betting bonuses and sports markets available, you’ll want to make sure that you can deposit freely on-site using your preferred payment methods.

Depending on where you decide to play, you may come across Visa, Mastercard, Discover, Interac, and alternative e-wallets, including PayPal and Skrill. Of course, the ever-growing popularity of cryptocurrencies has now seen Bitcoin, Ethereum, and Litecoin become eligible options in certain jurisdictions, too.

When it comes to deposits, you’ll need to consider minimum and maximum limits, fees, and transaction times. We also think it is worth checking the bonus terms and conditions to confirm that your chosen method is eligible. On quite a few occasions, we have found sites that do not allow for Skrill or Neteller deposits to contribute towards your welcome bonus.

Welcome Offers: Getting things off to a flying start

Once you’ve figured out how to deposit on-site, you’ll want to make sure that you can pick up a solid welcome bonus. These types of promotions are usually offered by online betting sites to help you settle in and figure out how things work. Generally, you’ll find one of three main promotions: first bet offer, deposit match, and sports betting no-deposit bonus. However, in some instances, we have seen welcome packages made up of various promotions.

In this table, we provide you with a better look at what to expect from each online betting site bonus.