After placing bets on Betway, you have two options. To keep staking bets or to withdraw it. The second option is the focus of this article. Betway withdrawal is an easy process of taking out your money from your Betway account into your bank account or mobile money account, as the case may be.
Betway Withdrawal Methods
Before we go on to Betway withdrawal methods, we want to answer a very important question. Can you withdraw the Betway welcome bonus? The simple answer is ‘No’ you can’t withdraw it unless you have met the wagering requirements of the bookmaker. After a bettor chooses to sign up with Betway, potentially using the Betway sign up code, he gets a welcome bonus. The welcome bonus is always 100% of the first deposit at Betway of the bettor and must be used either in the sports market or the casino before you can withdraw it.
Below are the withdrawal methods for the different countries Betway operates in.
Betway withdrawal for Nigerian bettors is made easy because there are 3 options they can choose from. These are the withdrawal methods in Betway Nigeria.
Electronic Fund Transfer (EFT)
To use this option, bettors have to choose from various banks operational in Nigeria and input their account details. Betway will now transfer the money electronically to the accounts. Electronic transfers can be as fast as normal bank transfers, with a withdrawal time of some minutes. The Betway minimum withdrawal amount for this option is N100.
Paga is an e-wallet and money transfer company operational in Nigeria and other African countries. To use the Paga option, you have to withdraw to your Paga account from your Betway account. You will now head to your Paga account to initiate a withdrawal and head to the nearest Paga agent to collect your money.
Opay plays the same role as Paga. It is an e-wallet and can receive money from various sources, including bookmarks like Betway. You have to choose Opay as your withdrawal method, head to your Opay account, initiate a withdrawal, and then pick up the money from an Opay agent.
Kenya is known particularly for the mobile money options that over 90% of the population uses. But Betway withdrawal in Kenya is more than just mobile money. Here are the withdrawal options.
There are 2 popular mobile money options in Kenya, MPesa and Airtel money. The good thing is you can use either option when withdrawing from Betway. To use the mobile money option, all you have to do is choose between your preferred service, enter your mobile number, and Betway will transfer the money to your mobile money account. The Betway withdrawal time for this method is 10-15 minutes.
Electronic Fund Transfer (EFT)
You can use the EFT option to withdraw to any bank in Kenya. All you require to input is your bank account details and the amount you want to withdraw. Betway will then transfer the amount to your bank account whenever your withdrawal request is successfully processed.
Ghanian bettors have three payment channels. Here are the different withdrawal options for Betway Ghana.
The mobile money option in Ghana has 4 different options. There is MTN, Airtel, Vodafone and Tigocash. This means that almost everyone can withdraw to their desired network. To use this option, you need to input your phone number and the amount you want to withdraw, and the amount will be sent to your account.
Electronic Fund Transfer
The EFT option is used as in other countries mentioned above. However, you can only use bank accounts operational in Ghana to receive payments from Betway. To use this option, choose the EFT option, enter your account details, and the money will be sent to your account.
G-money is an e-wallet that is operational in Ghana. You can receive money into your G-money account and then withdraw the cash to your bank account. For example, to use the G-money option to withdraw from Betway, choose it from the list of payment options, and enter the G-money account number and the amount you want to withdraw. The withdrawal request will be processed and paid into your G-money account.
- FNB eWallet
- Absa CashSend
- Standard Bank Instant Money
- 1ForYou Voucher
- Nedbank Send iMail
There are not so many options for withdrawal for Ugandan bettors. But of course, there is always the mobile money option. The mobile money option available for Uganda is MTN and Airtel. So all you have to do is choose the mobile money operator and enter your mobile number, and the withdrawal amount will be sent to it.
While there are only two withdrawal methods for Tanzanian bettors, the mobile money option has several operators. Below are the different withdrawal channels in Tanzania
The mobile money option in Tanzania includes MPesa, Airtel, Tigopesa, and Vodacom. This is the same process as all other mobile money options. Just choose your preferred operator, enter your mobile money, and the amount will be credited to your account.
Selcom Huduma is a payment solution available for bettors in Tanzania. After selecting this option from the withdrawal menu on Betway Tanzania and entering your withdrawal amount, the money will be sent to your Selcom Huduma account. After that, you have to visit a Selcom Huduma agent and follow the process to get your money.
Zambian bettors have just one choice of making withdrawals from their Betway account, and that is through mobile money options. The mobile money operators available in Zambia are MTN and Airtel. Bettors can input their mobile number and the amount they want to withdraw to receive their withdrawal to their mobile money accounts.
Betway Withdrawal Time
There are several Betway withdrawal channels, and the withdrawal time differs from one channel to another. However, there are average times each channel takes.
For mobile money or e-wallets, the Betway withdrawal time is about 10-15 minutes. But for Electronic Funds Transfer (EFT) and direct bank transfers, the maximum withdrawal time is 1-2 business days. So if you initiate a withdrawal during the weekend or a public holiday via EFT, it won’t be possible to get your money that same day until the weekend or public holiday is over.
How to Withdraw Money from a Betway Account?
As mentioned before, the Betway withdrawal process is very easy, and it is available both on the desktop site and the mobile site. We’ve outlined how to withdraw your funds from the different Betway platforms below.
Here is how to withdraw from the Betway mobile app.
- Log into your account on the Betway app.
- Click on the hamburger menu at the left top of the page.
- Click on the withdrawal option and choose your preferred withdrawal option.
- Enter your details and the amount you want to withdraw.
- Click on the withdrawal button, and your withdrawal request will be sent to be processed.
Follow the steps below to withdraw funds on the Betway desktop site.
- Head over to the Betway website and log into your account.
- Click on the ‘My Account’ button at the top of the page.
- Choose the withdrawal option and click on your preferred withdrawal channel.
- Enter your account details and the amount you want to withdraw.
- Click on the ‘Withdraw Now’ button, and the bookmaker will start processing your withdrawal request.
Betway Withdrawal Problems
Even though withdrawals on Betway are straightforward, it is possible to have some problems when withdrawing money. The first problem you may encounter is when the amount you want to withdraw is lower than the minimum withdrawal amount. And every country has a minimum withdrawal amount.
The second problem will be when you try to withdraw when you have not verified your account. The bookmaker will only process withdrawal requests for accounts that have verified their accounts. These are the two common Betway withdrawal problems; if you encounter any other problem, you can contact the customer care team of the bookmaker which, as we discussed in the full Betway review, is absolutely superb.
Betway withdrawal FAQs
We have come to the end of this article on Betway withdrawal channels for different countries that the bookmaker operates in. Here are some frequently asked questions about the withdrawal process.
Here is how to withdraw from Betway. First, log in to your Betway account either on the desktop site or mobile app. Next, click on the ‘My account’ tab and ‘Withdraw Funds’. Next, choose your preferred withdrawal channel and enter your withdrawal account details. Next, enter the amount you want to withdraw, click the ‘Withdraw Now’ button, and your withdrawal request will be sent for processing.
Yes, the Betway withdrawal process is easy, and the Betway minimum withdrawal amount is affordable. But, you also have to note the differences in the withdrawal process in the different countries that Betway operates in.
The maximum withdrawal time of a Betway withdrawal depends on the withdrawal channel. For mobile money and e-wallets like MPesa, MTN, Airtel, Paga and Opay, the maximum withdrawal time is from 10-15 minutes. However, for Electronic Funds Transfer (EFT) or direct bank transfer, the withdrawal request is processed within 2 working days.
You can only withdraw money from your main Betway account. You can’t withdraw the bonus amount or free bets without completing the wagering requirements of the bookmaker.
The Betway minimum withdrawal amount depends on the country. For Nigeria, the minimum amount is N100; for Ghana, it is 5 GHs; for Kenya, it is 50 KES. For Uganda, the minimum withdrawal amount is 500 UGX; for Tanzania, it is 1000 Tsh; and finally, for Zambia, it is 5 ZMW.