How to Withdraw from Betway: How Long Does It Take in 2024
BetWay Withdrawal methods
BetWay were founded in 2006 and are today one of the leading global brands in online betting and gaming. They operate across a number of regulated markets around the World employing a total of 600 staff. They have a first class payment processing system in place accepting all the local methods relevant to each region, therefore several deposit methods and withdrawal methods are available in the UK.
Betway Withdrawal options and limits
Withdrawal Method |
Fee |
Processing time |
Min limit |
Max limit | |
Debit Card (Visa or Mastercard) |
  |
Free |
1-5 days |
£10 |
N/A |
PayPal |
 |
Free |
1-5 days |
£10 |
N/A |
| Rapid Bank Transfer |  |
Free | 1-5 days |
£10 |
N/A |
Betway Withdrawal Methods – Debit Card
At Betway you can use Visa and Mastercard debit cards, but you can NOT use a credit card to deposit. The minimum deposit amount is £5 per transaction and there is no maximum unless you have set deposit limits in your safer gambling settings. You can only deposit money into your account if the card is registered in your name and payments will always be paid back to the card. There is no fee to use debit cards at Betway as long as the deposit has been turned over at least once.
Betway Withdrawal Method – PayPal
PayPal is a well known E-Wallet in the UK because of EBay. In the Gambling World though it was late to the party and has only recently begun to be accepted. It is the fastest method to use as it has an expected same day withdrawal time. Withdrawing money is always free and if you are looking to ringfence your gambling spend then PayPal is the way to go, both Skrill and Neteller not being accepted.
Betway Rapid Bank Transfer
The withdrawal method most used when there is no alternative way to transfer money. It is a direct bank transfer into your bank account. These are free but are likely to have a slightly longer payout time than using the other available methods. You can only withdraw back to a bank account in your name and it is likely extra ID documents will be required from you.
How long does a withdrawal take?
How long a withdrawal will take is dependant on a number of factors and will vary from case to case. The main factor to affect your withdrawal time is the method which you use, but other issues are the amount you withdraw and the time and day you send the withdrawal request. Pending withdrawals may be processed quickly but banks will have their own processing times independent of Betway. Whether or not this is your first withdrawal will also play a large part. As a rule though it should take no longer than 2 or 3 days to receive your money.
Step by Step Guide
How to make a Betway Deposit
- In order to deposit into Betway you must first of all be logged into your account, and then in the top right will a green “Bank” button next to your balance and username. Click on this.
- Inside the banking panel you will see two options, “Deposit” and “Withdraw”, from the deposit panel you will see all the different deposit methods available to you.
- Once you have decided what method to use enter the amount that you wish to deposit. After entering the amount you wish to deposit you will have to enter some account details.
In this example we are using a debit card so you need to enter: A) Your card number
B) The card expiry date
C) Your name is pre filled in and must match that of your card
D) The security number on the back of the card
Your address will be pre filled in for you also but you can edit it if necessary. When everything is as it should be, click on “Deposit”.
How to make a Betway Withdrawal
- To withdraw from Betway you must be logged into your account and then select the “Bank” option from the homepage.
- You will then be taken to the Banking tab and you should choose the withdrawal option from the right.
- Enter the amount that you wish to withdraw and then confirm. The money will return to your last deposit method as default. If you wish to withdraw profits to another method you can contact the Betway customer services team.
Frequently Asked Questions
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