5 Reasons to Use Biometrics in Online Gaming and Sports Betting
January 29, 2024 | 7 minute read
In the dynamic realm of online wagering activities like online sports betting, online casino games, and online lottery games, technological advancements have played an important role in shaping the industry’s landscape. Among these innovations, biometric authentication technology has emerged as a powerful tool, offering both enhanced security and player experience. Read on to learn why biometric authentication technology is a powerful tool for a compliant and secure betting environment, and how it can be implemented for online gaming and sports betting.
Why Use Biometrics in Online Gaming and Sports Betting?
First, let’s start with the ‘why’. These days, biometric authentication technology can offer businesses of all shapes, sizes, and use cases many benefits in terms of security and convenience. Specifically, online gaming organizations may want to consider biometrics for reasons including:
Reason 1: To stay in business.
The harsh truth is that businesses that do not take action to protect their organizations are at risk for being negatively impacted by today’s digital threats. One of the primary motivations for adopting biometric authentication technology in online gaming and betting is to safeguard the business itself. With the increasing sophistication of cyber threats and fraud, protecting sensitive business data, financial transactions, and intellectual property has become paramount. Biometrics, with its unique identifiers like voice or facial recognition, adds an extra layer of security, reducing the risk of unauthorized access and consequential financial losses.
Reason 2: To meet regulatory compliance.
The online gaming and sports betting industry operates within a complex web of regulations and compliance standards. Biometric authentication technology provides a reliable means of meeting these requirements. By utilizing biometrics, platforms can establish a secure and transparent process for verifying user identities, fostering compliance with regional and global regulations. This not only protects the platform but also ensures a fair and responsible gaming environment.
Reason 3: To save money by consolidating your security solutions.
Instead of relying on multiple vendors for different security measures (e.g., password management, identity verification, fraud prevention), online gaming and betting platforms can adopt integrated biometric authentication solutions. These solutions often encompass various security aspects, reducing the need to engage with multiple vendors for separate security components.
Reason 4: To differentiate you from competitors.
Player experience is a key differentiator in the highly competitive online gaming market. Biometric authentication offers a user-friendly alternative to traditional methods, eliminating the need for complex passwords or PINs. Bettors can seamlessly access their accounts with a simple scan or recognition process, enhancing player convenience and overall satisfaction.
Reason 5: To build and maintain a positive brand image.
Biometric authentication goes beyond technical functionalities; it plays a crucial role in building trust and cultivating a positive brand image. When players perceive that a platform invests in advanced security measures like biometrics, it instills confidence. This trust not only strengthens the relationship between the platform and its users but also contributes to a positive brand reputation within the industry.
How Does the Online Gaming and Sports Betting Industry Use Biometrics?
So, we’ve covered why biometrics are beneficial for online gaming and betting, now let’s talk about how biometric authentication technology can be used to achieve the above. Gaming organizations can use biometrics for:
- User Sign-Up and Authentication: Biometrics, such as voice or facial recognition, are employed to verify the identity of users during account creation or login processes. Users are prompted to enroll their biometric data (voice, facial features, etc.) during the account registration process to establish a secure and unique identifier for future authentication. Biometrics can also be integrated with traditional authentication methods like passwords or PINs to create a multi-factor authentication system, enhancing security.
- Secure Account Access: Betting platforms often integrate biometric authentication into their mobile applications, allowing players to access their accounts securely using the biometric features on their smartphones or tablets. Biometric systems contribute to the detection and prevention of identity fraud by ensuring that the person accessing an account matches the enrolled biometric data.
- Payment Authorization: Biometric authentication can be utilized to authorize high-value transactions, adding an extra layer of security to financial activities within the platform. Plus, players may be required to use biometrics to verify their identity when making withdrawal requests, preventing unauthorized access to funds.
- Enforcing Responsible Gambling Measures: For things like age verification, biometric technology can be employed to verify the age of players during account creation to ensure compliance with legal age requirements for gambling. Plus, biometrics can be integrated into self-exclusion programs, helping platforms identify and restrict access for those who have voluntarily opted for exclusion due to gambling-related matters.
- Reducing Duplicates: The online gaming and betting industry can leverage biometric authentication technology to enhance security measures and reduce instances of duplicate accounts. For example, players might be required to take a simple selfie or use a webcam during the registration process or at specific checkpoints to ensure they are the legitimate account holder.
Biometric Authentication Solutions for Online Gaming and Sports Betting
For those interested in upping their organization’s game with biometrics, get in touch with our team using the form below to see if our biometrics solution may be the right fit.
AwareID is a cloud-based platform that elevates online gaming and betting platforms by delivering immediate intelligence and automation using adaptive authentication to help create the ultimate player experience. Our tech helps you deploy efficient and player-centric onboarding and authentication. Using biometric technology, AwareID ensures accurate authentication and verification with an intuitive user-interface.
The result? Faster times to play, safer transactions, and a more secure and safe online gaming experience for everyone.