Is OkBet a legitimate online betting provider?
Acquiring a gambling license in the Philippines is not easy. Because of the laws, receiving accreditation from PAGCOR is a privilege. Thus, we make sure that our services and promotions align with the guidelines of PAGCOR.
Additionally, the legitimacy of our platform is being tested by companies imitating our brand. This OkBetcasino.live is among the few genuine betting sites that carry the OkBet brand.
What is the meaning of OkBet?
While many copy our brand, OkBet’s essence cannot be reproduced. The 3D-sphere letter “O” represents our focus as an innovation-first company. We want to always be ahead in the gambling industry’s modernization for our customers’ sake.
Like the rooster, the “K” symbolizes our fighting spirit and competitive nature to be the most-secured, most-advanced betting platform in the country.
The B embedded with the number “1” is a symbol that OkBet is not the second-best gambling site. It stands above the rest as the best online gambling operator in the Philippines.
Do you have physical betting stations?
Yes, we do. We are not just aiming to conquer the online betting scene but also brick-and-mortar venues.
As of 2023, OkBet has opened two betting stations: Dexin Tower and Newport World Resorts in Pasay City.
We also have plans to expand our reach by opening stations starting with key cities in Metro Manila and Cebu City.
What are the requirements for playing at OkBet?
We adhere to Presidential Decree 1869. Thus we prohibit players that are:
- Under 21 years old.
- Members of the Philippine State force like the Armed Forces and the National Police.
- Public officials
Interested players will have to undergo our Know Your Customer (KYC) verification process. This is to ascertain that the new user is over 21 years and is not a government official or part of the Philippine military and police force.
Government-issued photo IDs containing information must be presented during the application and verification processes. Interested players must also prepare PHP 1,000 as a security deposit that will be kept in the OkBet account for one month.
Does OkBet have any age limits?
As part of PAGCOR’s Know Your Customer process, certain applicants cannot create an OkBet account and use our online betting services.
Eligible players must be at least 21 years old to use our services. While there is no age limit for senior applicants, they must be able to pass the online interview portion of the KYC process to get their accounts verified.
What is Know Your Customer (KYC)?
The Know Your Customer process is a PAGCOR-endorsed policy that aims to curb money laundering through financial institutions like banks. The process also applies to businesses and organizations that deal with large cashflows like online casinos.
At OkBet, the KYC process is quick and straightforward. Once the required photo ID is submitted, the applicant will be scheduled for an online interview with our KYC specialists to corroborate the information provided.
Once the interview is completed, the customer’s OkBet account is verified. It can be used to fully enjoy our online betting offers.