Lots of punters win money when betting with Betway, and the popular bookmaker offers a typical betting site withdrawal policy. When you request to withdraw your winnings, your request will normally be processed instantly on any working day but may take slightly longer at weekends.
Your winnings take a little longer to be credited back to your chosen payment method, but this is the down to your chosen provider. Withdrawals to e-wallets are normally the quickest and are often credited within 24-hours. But other methods can take up to five days.
Before making a withdrawal at Betway, it’s also important that you have completed any identity verification checks and the wagering requirements on any bonuses. Failure to do so will slow down your withdrawal process.
How To Deposit At Betway
You can use a variety of payment methods to deposit funds at Betway, including popular e-wallets such as Neteller, Skrill, and PayPal. Debit cards are another option, while non-UK members can use credit cards.
Once you’re logged into your account, you’ll be able to see all the deposit options that are available to you. All payments at Betway are also secured by SSL encryption, so you know your banking and personal details will be safe. Deposits are credited instantly to your account and are free.
How To Withdraw At Betway
Betway’s withdrawal policy states that all funds will be withdrawn back to your deposit method. When this isn’t possible, you can choose another option, including Rapid Bank Transfer.
If you’re looking to make the quickest withdrawals at Betway, we recommend you use an e-wallet such as Skrill, Neteller, or PayPal. Withdrawals to these popular payment methods are normally credited within 24-hours.
Complete Your Verification Checks
All online betting sites, whether they’re sportsbooks, casinos, or combos, are required to complete KYC verification checks, and you won’t be able to withdraw funds until you’ve completed yours. For most members, this is as simple as downloading a copy of a form of photo ID, such as a driving license or passport. But you may also be asked to submit more information in special circumstances.
Complete Any Wagering Requirements
If you’ve won money at Betway when betting with a bonus, you will need to complete any attached wagering requirements before you can withdraw your winnings. It’s a good idea to make sure you’re okay with these wagering requirements before you accept a bonus, as these can be quite demanding.
Having Problems With Withdrawals At Betway?
If you’re having problems withdrawing your money at Betway, get in touch with their customer support team and they’ll tell you what the problem is.
More than likely, it will have something to do with either your KYC verification checks or the wagering requirements of a bonus.
If you’re playing at Betway and you haven’t completed your KYC verification checks, do it now. If you’ve already claimed a bonus, you will have to complete the wagering requirements. If you’re thinking of claiming a bonus, you don’t need to if you’re worried about the wagering requirements. Just play with real money and you’ll never have this problem.
Another reason why Betway may stop withdrawals is if they suspect illegal activity, such as money laundering or fraud. If you have also tried to claim bonuses that you weren’t entitled to, Betway also has the right not to pay out any winnings.
Betway’s Withdrawal Policy
Betway has built an excellent reputation around the world as one of the best betting sites, and its withdrawal policy is standard for a top-class betting site. Withdrawal times are within the industry average and all payments are processed securely.
Are Withdrawals Stopping Your Cash Flow?
You may be asking how long does Betway withdrawal take because you are struggling with your cash flow. By this, we mean that you are missing winning betting opportunities because you are waiting for winnings to be credited to your account before you can have another bet. If this is the case, then you should consider using a betting bank.
All professional gamblers use a betting bank and managing it correctly is one of the fundamental skills to making a profit from gambling. Most professional gamblers will have a betting bank that is between 50x and 200x their average bet, depending on their strike rate and the type of odds they bet at.
A gambler that bets regularly at short prices will have a higher strike rate and should therefore need a smaller betting bank. But a gambler that bets on, for example, golf in which they bet on players at big odds on in big fields, will need a bigger betting bank.
If you’re serious about making money from gambling, we advise you set-up a betting bank as soon as possible, and only use this betting bank for betting. Having a betting bank lets you place bets with a variety of betting sites without needing to worry about how quickly withdrawals are credited.
This means you’ll never have to miss a winning bet ever again because of poor cash-flow management.
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