How to withdraw money from Betway

Posted on February 28, 2021 - Last Updated on March 1, 2021

Betway’s withdrawal system is the simplest on the market. The deposit method that you use when making your initial deposit will be automatically selected for use when you withdraw winnings from your Betway account.

Skill, Neteller and PayPal are the most common deposit options for digital wallet users. Each one will be selected when you deposit with them. The same service will then be used when you withdraw money from your Betway account. This automatic selection makes Betway’s withdrawal system the easiest to set up on the market. Deposit minimums can vary between five and ten dollars or equivalent for digital wallets.

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Debit cards are another common way to withdraw winnings from your Betway account. Debit is instant like digital wallets and carries a minimum of 5 dollar equivalents when you deposit or withdraw money from your Betway account.

Lastly, the classic bank transfer option is available to withdraw winnings from your Betway account. Some digital transfer options are supported. Bank wires are also available, but they bear a minimum of 25 dollars and take anywhere from two to ten days to be accepted.

Frequently Asked Questions

  • What happens when I first withdraw funds from my Betway account?

After initiating your first withdrawal, Betway will contact you to confirm its authenticity. These checks are a part of Betway’s top level security features. They might ask for copies of your provided identification for verification. These checks can also occur on substantial withdrawals or after switching to a different withdrawal method.

  • How do I change my method of withdrawal?

You will need to contact customer support to alter your account’s payout destination. All withdrawals are done by the same method you deposited with.

  • How long does it take to withdraw money from Betway?

A request to withdraw funds from your Betway account must be approved within 72 hours. Weekend hours may impact this speed of approval. The withdrawal time varies depending on the initial method of deposit. It should be roughly the same speed as your first Betway deposit.

  • Is there a limit when I withdraw funds from my Betway account?

Betway mandates a 10 GBP/EUR/USD/CAD minimum when you withdraw money from your Betway account. There is no maximum withdrawal limit at Betway, but unusually large payouts may be checked by the security team. In such cases, you’ll be asked to verify your identity before the transaction continues as normal.

  • How do I withdraw my Betway bonus?

In order to withdraw winnings from your Betway account that were earned with a bonus, you’ll need to satisfy that bonus’ rollover requirement. You’ll have to wager a certain amount proportional to the money earned through the incentive. The exact amount of rollover can be found on the bonus’ promotional page.

  • Will cash out affect how I withdraw funds from my Betway account?

Betway cash out allows you bettors to cancel open bets before they’ve finished, letting you cut your loss. Partial cash out allows you to retrieve only some of your wager, keeping the rest to still potentially win. Both services’ give you greater control of your totals when you withdraw winnings from your Betway account.

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