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Best Sportsbooks US / Betway Payment Methods & Withdrawal Times

Betway Payment Methods & Withdrawal Times

Last Updated on 21/11/2023

Betway Withdrawal Times

betway sportsbook review usWhenever you’re using an online betting platform, you’ll no doubt want to know exactly how you can lay your hands on any winnings. With this in mind, our Betway withdrawals guide should tell you everything you need to know.

For the most part, the process is pretty straightforward. There are plenty of Betway withdrawal options and of course, there is help on hand if you need it, but our guide will give you a breakdown of the different options available, as well as how long you can expect to wait to receive your funds.

Betway withdrawal time – key information

First thing’s first: there are several Betway withdrawal options and the one you choose to use could affect how much you are able to withdraw at one time as well as how long the withdrawal will take. If you’ve been lucky enough to access a Betway sportsbook promo code, you’ll want to know how to withdraw any returns.

From Betway’s end, the platform usually processes any withdrawal requests within two working days. Any further waiting time will usually depend on your bank or the platform that handles your payments.

Typically, you will need to withdraw your funds either directly to your bank account if you deposited with a debit or credit card, or via the same payment method as was used to deposit.

Making a withdrawal from your Betway account

So, without further ado, let’s take a look at exactly how you can make a withdrawal from Betway, including some necessary checks to make before you make that request.

Verify your Betway account

Each state will have slightly different rules with regards to online betting, but wherever you are based, you’ll need to verify your account. This is an essential step to protect users and ensure that Betway is carrying out the required KYC protocols. The good news is that this can usually be done pretty quickly; you’ll just need to upload a copy of a valid Government ID. You may also need to provide a proof of address, such as a utility bill or bank statement.

More often than not, this process can be completed automatically when you sign up. However, some occasions may require Betway to verify manually, which can take slightly longer. You’ll receive an email when your account has been verified.

A few last things to check

Obviously, it's worth double-checking all of your payment details are up to date, but this is a bit of a no-brainer. However, one thing that you might overlook is any promotional offer or Betway promo code that you may be entitled to.

For example, if you are in the middle of a free bet offer or suchlike and haven’t completed the playthrough requirements, then making a withdrawal could make the offer void. Similarly, if you have claimed a free offer but haven’t made a qualifying bet, then a withdrawal could see you missing out on the offer.

Be sure to check any promotional Ts & Cs before requesting a withdrawal.

Making your withdrawal

When it comes to actually making a withdrawal, Betway has made things very easy. Once you’ve logged into your account, all you need to do is click on the My Account tab, and on the next page you’ll see an option to make a withdrawal. Once you’ve opened the withdrawal form, you simply input the amount you want to withdraw and choose the payment method you want. Once you’ve given everything the once over, confirm the transaction, and your withdrawal request will be sent to Betway’s payments team for processing.

Betway withdrawal options

Bank transfer

Betway withdrawal to bank accounts is possibly the best way of getting your funds, and the Betway withdrawal time for this looks good. Of course, the account will need to be in your name and be linked to your Betway account. You also will need to use this account to make your initial deposit.


PayPal is a great option for those who’d prefer to use an e-payment platform. Transactions made via PayPal are fast and secure. To use PayPal with Betway, you’ll need a PayPal account that is verified and linked to a bank account.

VIP Preferred

VIP Preferred is a popular e-check payment system that offers a secure means of sending and receiving funds. Once again, you will need to have a verified account in the same name as your Betway account and with a connected bank account.


PayNearMe is a third-party payments platform that supports numerous additional payment options, including debit/credit card and ApplePay and Google Pay.


Play+ is a popular and simple way to pay for things online. All you need to do is connect your Play+ card to your Betway account.


Sightline is a digital payments platform set up specifically for the casino and online betting industry. It is essentially a prepaid card and works in a similar way to Play+.


If you happen to be in Atlantic City, New Jersey, then you also have the option of withdrawing in cash at the Golden Nugget Atlantic Casino Cashier’s Cage.

Betway withdrawal limit

The minimum Betway withdrawal limit is $10, which you’ll find is pretty standard for a mainstream betting site. When it comes to upper limits, there is no maximum Betway withdrawal limit as such, but users should be advised that if you make a particularly large withdrawal request, then the Betway payments team will carry out additional security checks, which may result in you needing to provide additional documentation.

Betway withdrawal time

Betway states that it processes withdrawal requests within two working days, which is a pretty quick turnaround. You’ll want speediness, especially if you’ve been successful with any exciting sportsbook promotions! However, there can be additional waiting time, depending on which payment method you have used. Digital payments, such as PayPal and Sightline, are usually instant. However, bank transfers and e-checks can typically take two to five business days to clear – and this is in addition to the Betway processing time.

Betway withdrawal methods – frequently asked questions

What is the Betway withdrawal time?

Betway processes all withdrawal requests within two business days. However, there can be additional processing time depending on what payment method you use.

Is it possible to make a Betway withdrawal to bank accounts?

Betway allows withdrawals to a bank account if it is linked to your Betway account. You also need to have deposited from this account.

What are the most convenient Betway withdrawal methods?

Different Betway withdrawal options mean you can choose the most convenient one for you. If you want to avoid using a third-party payment platform, you can simply use online banking. Alternatively, if you prefer faster payments, you can use an e-payment platform like eBay.

Is there a Betway withdrawal limit?

No upper Betway withdrawal limit has been stipulated, although the platform does insist on a minimum of $10. You may find that certain Betway withdrawal options will have a limit defined by the payments platform, but this will be detailed on your account with them rather than Betway.

Can I withdraw cash from Betway?

If you live in New Jersey, you can withdraw cash from the Gold Nugget Casino in Atlantic City. You may also be able to use cash indirectly, by using the PayNearMe platform, which allows deposits to be made in approved retail stores.

Betway withdrawal options – conclusion

Whenever you sign up to a new betting platform, it can be all too easy to overlook the withdrawal options – especially if there’s a generous welcome offer up for grabs. However, we recommend all bettors make sure they know how to withdraw their funds before making that first deposit. Fortunately, there are plenty of Betway withdrawal options and the processing times compare well with other operators.

Betway withdrawal options FAQ

🤔 What are the Betway withdrawal options?

If you’re a fan of online sports betting, then you probably already know that there are numerous ways in which you can fund a sports betting or online casino account. However, US bettors should note that these options vary from operator to operator as well as state to state. The best way to find out exactly what Betway offers in your region is to check out one of our comprehensive guides.

💵 How can I withdraw cash from Betway?

Online betting is hugely popular as it is a quick and easy way to speculate on your favorite event. It's also very simple to move money around online. But what about those looking to withdraw in good old cash? Some users may be surprised to learn that this can actually be done with some operators – including Betway. It does, however, depend on where you are located. Be sure to check out our Betway withdrawal methods guide to find out more.

⌚ What is the Betway withdrawal time?

No one likes to have to wait to access their winnings, but whenever you use an online betting platform there is always a payment processing procedure – which often takes time. Betway withdrawal time is usually pretty quick, but there are one or two factors that can increase the waiting time, such as the amount you withdraw and the payment method you choose.

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