Betway is a fantastic bookie, but to the keen punter that’s not enough. Factors like the Betway Withdrawal time can make it or break it for the smart bettor. We’ve collected all the important info, including the most importance T&Cs, tips, tricks and best practices, so you can just get on with your bets.
Betway Withdrawal Times & Options
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| £5 | Not specified | Instant | Free | |
| £5 | Not specified | Instant | Free | |
| £5 | Not specified | Instant | Free | |
| £5 | Not specified | Instant | Free | |
| £5 | Not specified | Instant | Free |
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| £1 | N/A | 1-2 Business Days | No Fees Above £5 | |
| £1 | N/A | 1-2 Business Days | No Fees Above £5 | |
| £1 | N/A | 2-24 hours | No Fees Above £5 | |
| £1 | N/A | 2-24 hours | No Fees Above £5 |
The standout here is Betway’s withdrawal minimum of £1. That’s class. Nonetheless, there is a £1 fee for withdraws under £5, which puts a little damper on it. This means that you’ll need £2 if you want to withdraw £1. Other than that, the Betway sports withdrawal time is fast, features a good range of options, and of course, no fees when withdrawing over £5.
Best Betway Withdrawal Methods
We reckon you might be looking for the withdrawal method that better suits your needs, and that’s why we’ll dive into detail on each. Spoiler alert: Betway withdrawal processing time isn’t the only thing you should look out for.
Betway Withdrawal Time With PayPal – 2-24 Hours
We reckon Betway PayPal withdrawal time as being rapid. Your funds could be processed in up to 24 hours, but it will likely take less than that.
Betway does not specify any withdrawal limits for this payment method. Similarly, PayPal states that there are no limits on approved accounts.
The minimum you can withdraw is £1, with a £1 fee, or £5 and up, without any fees. Considering this, we’d suggest not spending that £1 to make withdrawals below £5.
Betway Withdrawal Time With Mastercard – 1-2 Business Days
Mastercard is the most used payment method, as it’s the safest and most straightforward. It may not be the fastest, but it’s still respectable. Note that the Betway withdrawal time on the weekend might be affected here, since banks won’t operate.
The Betway withdrawal time for UK punters using Mastercard may be slower than other methods, but allows much higher limits, normally between £30,000 – £50,000.
Betway Withdrawal Time With Visa – 1-2 Business Days
Visa is another staple, with a huge number of punters using this payment method. But how long does the Betway withdrawal take? 1-2 business days, which means that we don’t suggest withdrawing on the weekend.
The limits, though not specified, should be relatively high, as is usually the case. The minimum allowed is in line with other payment methods, incurring in related fees up until £5.
How to Withdraw on Betway
Good. You’ve won a few bets and now you want to bag your profits. To assess the expected Betway withdrawal time, you’ll need to take the following steps to start the process.
Key Betway Withdrawal Factors
Before you can make a Betway withdrawal, there are a few things to keep in mind. The time necessary for the money to hit your account will vary depending on the Betway withdrawal processing time, as well as the payment method’s processing time. Some withdrawals take longer than others, but if you’re uncertain, you can track at what stage of processing your funds are at ‘My Account’.
You need to verify your account before making a withdrawal, so make sure to do that straight away. Also, Betway operates a closed-loop policy, meaning that you’ll have to use the same payment method for withdrawals that you used to deposit.
Why Is My Betway Withdrawal Pending Approval?
The Betway withdrawal time will be the least of your worries if this is happening to you. Here’s why you might find yourself here, and what you can do to help your withdrawal along.
The Betway withdrawal time during the weekend is much longer, since banks aren’t open. Do you really want to bag that lucky acca that landed on a Saturday afternoon? Think wisely.
You may have some documents that are missing or outdated. This could include your payment details (bank cards, account number, etc.) or identity verification documents (driving license, utility bills, etc.) that the bookie requires to verify your account.
The larger the sum, the longer the Betway payout time. Especially if this is abnormal for your account. Betway will flag it and verify it.
If a bookie employs a wagering requirement, that means you won’t be able to make withdrawals until this is met. Make sure to check all the requirements for any offer that you get.
Betway Unaccepted Withdrawal Methods
Betway offers a good range of withdrawal methods, but there are still a few options that you cannot use on this UK bookmaker. The main omission is Apple Pay, which can be found on over a third of the best online bookies and is widely used by punters.
Google Pay, Trustly, Skrill, and Neteller are also surprising exclusions, as they belong to the set of popular e-wallets that are usually available to operate financially when sports betting. Lastly, cryptocurrencies are not used by any UK bookmaker, as they aren’t considered as being secure.
Haven’t You Joined Betway Yet?
Betway’s sports welcome offer will give you a matched free bet of up to £30 if you place an acca and it loses. You’ll also get 100 free spins on ‘More Usual Suspects’ even if you win. It’s a brilliant offer, giving you a sport and a casino boost.
ThePuntersPage Final Say
Betway offers a straightforward, mainstream selection of reliable payment options that will appeal to a huge amount of people, especially those who are looking for an easy-to-use banking process. The Betway withdrawal time is relatively quick and is stress-free, especially if you stick to the payment methods that we’ve covered.
Betway Withdrawal Times FAQs
There is a minimum withdrawal amount of £5 when withdrawing from Betway. However, if your account has less than £5, a withdrawal is still possible subject to a £1 processing fee.
There is no set maximum when withdrawing from Betway.
For UK customers, you can use a debit card (including Visa direct), PayPal, Trustly and Vyne. More are available for international users.
Yes, you can cash out using Betway on most markets. A ‘Cash Out’ sign will appear next to the markets to show its availability.
There are several reasons: you might have withdrawn during a busy time, or your funds are pending Betway's approval, or your payment method needs to be changed. If you’re unsure, you can contact customer support.
You can make withdrawals, but most banks won’t be open, so your funds will take longer to process. The Betway withdrawal time for a weekend will be extended due to this.