KYC - What is it and How Do Bookmakers Use it
KYC is an acronym used to refer to the ‘know your customer’ technologies used...
Bookies are no longer offering the bare minimum to their clients. Given the stiff competition in the gambling market and the possible billions of dollars in revenue generation, they must now offer their clients the best possible services. They are doing so by relying on technological advancements like app development and the use of digital currencies. But which bookies and online casinos are winning and why? While many bookies are trying hard to meet these emerging customer needs, we settled on our three favorites as follows:
While the sports betting market features a wide range of great options, some bookies stand out from the rest. Bet365 is one of these options. Started in 1974, this bookie has been online since 2001 when online gambling was becoming a thing. Even as one of the earliest entrants, it has not lost its zeal in offering the best to its clients. You can start betting on this site with as little as $0.10!
Other than using credit and debit cards and other traditional forms of banking, you can use e-wallets to fund your account. The site also allows you to make withdrawals using the e-wallets in different primary currencies. E-wallet payment methods and transfers are not only safe but also faster than using banks. They are also a go-to for anyone who wishes to avoid sharing their banking details on the site. While it is yet to accept digital currencies, punters can only hope that this change is due soon.
In addition to traditional sports, this site also offers e-sports betting as one of its newest additions. With many tournaments, including CS: GO and DOTA 2, punters are not short on choices for their gameplays. Moreover, the site offers both minor and major events on fixed and live markets.
Is there any reputable site that’s not offering live betting? Newer sites may get away with not having this feature, but reputable sites like Bet365 cannot. This site offers in-play betting that allows you to bet on ongoing events, changing your wagers with the changing odds. Whether you are betting on tennis or football, you get to watch the live stats and results and make informative wagers as the game continues.
Did we mention that it also offers live streaming? That’s right! You can watch the action and base your wagers on what you see! Live stats may be great in giving you an objective picture of what’s happening in the match, e.g., team A is up by 5 points. But watching the game can help you determine that even though team A may be up, team B might be putting on an offensive that could land them a win. With live streaming, you do not have to be glued to your TV. You can catch the event wherever you are and use the live betting to your advantage by striking when the iron is hot.
Are you tired of placing wagers on your desktop? Mobile betting might be what you need! Bet365 offers mobile betting in two forms: an app and a website - The app works on both iOS and Android devices and comes with an easy-to-understand interface. You can pretty much do with it what you would with a desktop site. If you prefer to use the mobile site instead, you will be pleased with how easy it is to navigate the mobile-friendly site. You do not lose out on any major features by choosing the mobile site or app.
This site's icing on the cake has to be the online casino with more than 1,000 slots and casino games. Plus, it offers live dealer games which enable you to enjoy the atmosphere of a physical casino. Like sports betting, you can play casino games on your device or even download them straight to your PC for the ultimate gaming experience.
This bookie was a bit late to the party and only got into gambling in 2007. However, by 2012, they had realized that they could not compete in the gambling market without an online presence. So, they launched their online website and worked their way to being one of the most reputable gambling sites in the market. How did they do so? By embracing innovative features!
The site currently holds a Curacao gambling license and offers its clients live casino and sports betting options. What can you expect from it? A ton of live events! With up to 742 live events daily, punters cannot get enough of their live betting options. This in-play option is a great way to minimize your losses and increase your winnings by changing your wagers throughout the game. Besides, you can use the live streaming option to catch an event as it happens straight from your browser.
Additionally, everything on the site is available on the mobile betting site. Avid punters can also consider installing the 1XBet app, which is available on android and iOS devices. From here, they can access all the sports betting, including e-sports betting. You can also access the casino services, which feature games like blackjack and poker. If you want some added fun, why not try the live casino option?
Like most other gambling operators, the site offers a host of deposit and withdrawal options. Not only can you use e-wallets like Skrill and Neteller, but you can also use cryptocurrencies like Bitcoin. What’s not to love about this website?
Immediately this bookie came into the gambling scene in 2006, it went online. This speedy action has been rewarded time and again in the form of a growing punters’ community. Its growth owes to its premium quality software and customer experience that has earned it trust from all parts of the world. Furthermore, it dedicates a big chunk of its resources to ensuring a safe environment for punters. By providing security and putting measures to curb problem gambling, this operator rakes in positive reviews.
This site has one of the most straightforward deposit and withdrawal methods aimed at easing the customer experience. While it does not accept cryptocurrencies presently, punters using e-wallets can quickly deposit and withdraw money from their accounts within hours.
As far as betting goes, punters can weigh in on almost all sports betting events. These include football, darts, winter sports, cricket, cycling, and pool. They can even have some fun betting on special events like presidential elections and the Oscars. To make wagering even more fun, they have extended their services to e-sports betting, which attracts many e-sports fans.
But, of course, to remain relevant in an industry fueled by technology, this bookie has had to keep up with the top trends. One of these is in-play betting which allows punters to place bets when events are underway. If you want to get more perspective on the game before placing a bet, you can use the live streaming option, which immerses you into the action from the comfort of your phone.
The mobile betting experience has also received much praise from punters who prefer to bet on the go. If you want to simplify your experience even more, why not get the mobile app which is compatible with both android and iOS devices?
The future looks bright for these bookies and their ardent fans who cannot wait to see what 2022 holds for them. What do you think will be the next innovative feature?
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