- Legal Requirements: PointsBet may require your SSN to comply with state and federal laws that regulate online gaming.
- Tax Purposes: Your SSN may be used to report any winnings to the Internal Revenue Service (IRS) for tax purposes.
- Fraud Prevention: PointsBet may use your SSN as a way to verify your identity and prevent fraud.
- Payment Processing: Your SSN may also be used to process payments and withdrawals from your PointsBet account.
It's important to note that providing your SSN is a common requirement for online sportsbooks and is necessary to ensure compliance with legal requirements, prevent fraud, and process payments. Your personal information, including your SSN, will be kept secure and confidential, and will only be used for the purposes of verification, tax reporting, and payment processing. If you have concerns about providing your SSN, you can contact the customer support team of the sportsbook app for more information.