Why do I need to provide my SSN when registering for the Tipico app?

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When registering for the Tipico app, you may be asked to provide your Social Security Number (SSN). This may seem like an unnecessary step, but there are actually several reasons why Tipico requires your SSN.

First, Tipico is required by law to verify your identity and age to ensure that you are eligible to use their platform. Providing your SSN is one way to do this, as it can help confirm your identity and prevent fraudulent activity.

Second, providing your SSN allows Tipico to comply with federal tax laws. If you win more than $600 in a calendar year, Tipico is required to report your winnings to the Internal Revenue Service (IRS). Providing your SSN allows Tipico to accurately report your winnings to the IRS and ensure that you are complying with tax laws.

Finally, providing your SSN can also help protect your account from unauthorized access. By verifying your identity with your SSN, Tipico can help ensure that only you have access to your account.

It’s important to note that Tipico takes the security of your personal information very seriously. They use advanced security measures to protect your data and comply with all relevant laws and regulations.

Access our full library of Tipico help articles for more information or read our detailed Tipico review. You can also jump straight to our list of the best sportsbook promotions for your state.

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Eamonn KeenanEamonn Keenan
Eamonn Keenan, with a Digital Arts Degree from the University of Tampa, brings over a decade of sports betting experience to his role as Creative Director at BettingHero.com. Starting with Betting Hero in the Fall of 2020, Eamonn has been deeply involved in the industry, assisting customers with major sportsbook and casino operators like BetMGM, Caesars, DraftKings, and others. A self-proclaimed sports fanatic, he has a keen interest in professional hockey, MMA, NFL, NCAAB, NCAAF, and MLB. Eamonn enjoys researching teams and players to predict game outcomes, highlighting his passion for sports betting.