Betway Payment and Withdrawal Methods April 2024

Last update: 15 Apr 24
Examine the comprehensive range of betway payment and withdrawal methods on this Oddspedia page. You'll discover detailed insights into available options, transaction times, and more, all designed to guide you towards making an informed decision about your betting transactions. In online betting, secure and efficient money management is crucial.

Betway Deposit Options and Limits

Like most top online betting sites, Betway provides a long list of deposit methods allowing punters a great choice of deposit options. The list begins with traditional methods such as credit cards and bank transfers. They also make available the world’s most popular e-wallets like PayPal, Skrill, and Neteller.

PayPal

 
Deposit
Withdraw
Max. limit
$15,000.00
$25,000.00
Processing time
Instant
2 Hours
Min. limit
$10.00
$10.00
Transaction fee
No fee
$0.00
Visit Site

Visa

 
Deposit
Withdraw
Max. limit
$50,000.00
$100,000.00
Processing time
Instant
2 Hours
Min. limit
$10.00
$10.00
Transaction fee
No fee
$0.00
Visit Site

MasterCard

 
Deposit
Withdraw
Max. limit
$50,000.00
$100,000.00
Processing time
Instant
2 Hours
Min. limit
$10.00
$10.00
Transaction fee
No fee
$0.00
Visit Site

Skrill

 
Deposit
Withdraw
Max. limit
$25,000.00
$25,000.00
Processing time
Instant
2 Hours
Min. limit
$10.00
$10.00
Transaction fee
No fee
$0.00
Visit Site

Credit card

 
Deposit
Withdraw
Max. limit
$50,000.00
$100,000.00
Processing time
Instant
2 Hours
Min. limit
$10.00
$10.00
Transaction fee
No fee
$0.00
Visit Site

Play+

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
2 Hours
Min. limit
$10.00
$10.00
Transaction fee
No fee
$0.00
Visit Site

When creating your account, you should make your first deposit strictly using PayPal or your credit card. This condition only applies to customers who want to claim the welcome bonus. At Betway, deposits get processed instantly, no matter your method. Betway caters to all punters, from low- to high-stake bettors. They accept deposits as low as £10 and as high as £100,000.

It is fair to say that the banking options at Betway are on par with the payment methods at bet365, its main UK rival. However, it is better than many other competitors in the online gambling industry.

Which Credit and Debit Cards Are Accepted?

Yes, Betway allows you to make payments using credit and debit cards. Credit cards like Visa and Mastercard are the most common payment methods used at Betway. Making a deposit using your credit or debit card guarantees that you’re the funds will be available immediately. Another huge benefit of using credit and debit cards is that no fees are charged. On the other hand, withdrawals made to credit or debit cards take about 1-7 days to get processed. Just like deposits, no fees are charged on withdrawals made using these cards. 

Is PayPal Accepted?

PayPal betting is becoming more popular for many good reasons. Betway supports PayPal payments, so you can comfortably deposit and withdraw your funds via this payment method. One of the main things that make PayPal popular is tight security. This payment method is safe, quick and simple. All deposits get processed instantly, while withdrawals can take 3 to 24 hours. In addition, to qualify for the sign-up bonus at Betway, you must make your first deposit using PayPal. All payments are free of charge, unlike other payment methods which deduct service fees from your money.

How To Fund Your Account

Everything You Need To Know In 5 Easy Steps!

Go To Your Sports Betting Site

Log in to your sports betting account

Visit the Cashier Page

Locate and enter the cashier/payments page

Select A Payment Method

Choose your preferred deposit method and input required details *With most sportsbooks you need to set a payment method in the registration process, this is then used for both deposits and withdrawals

Enter The Deposit Amount

Enter the total amount of funds that you wish to deposit into your sports betting account and click on the deposit button.

Confirm Deposit

Visually confirm that the funds have been added to your account balance, and then you are free to wager them. Good Luck. *The time it takes the funds to be credited to your account differs between payment methods. But the best methods will instantly credit your account

Betway Withdrawal Options and Transaction Times

Nothing excites a punter like withdrawing and receiving their funds on time. Betway ensures that once you withdraw, you enjoy your winnings almost immediately. You can withdraw using a debit card, credit card, or bank transfer. The processing time for these options ranges from one day to seven days. You can also use e-wallets like PayPal and Neteller since their processing time is much shorter. Other Betway withdrawal methods include:

  • Skrill
  • ecoPayz
  • Direct bank transfer
  • iDebit
  • Check

All the withdrawal methods have a minimum limit of £10, and the maximum limit varies depending on your chosen method. All e-wallets have a maximum withdrawal limit of £100, 000 while other methods like ClickandBuy have a limit of £350. So, choosing the method that suits you perfectly is up to you. But, as you choose, you should always remember that you can only withdraw via the method you used to deposit. It is a slight nuisance since some bookmakers do not have this limitation -  1xbet withdrawals are permitted with a different method.

Accepted currencies
  • EUR
    EUR
  • USD
    USD
  • GBP
    GBP
  • BRL
    BRL
  • CAD
    CAD
  • INR
    INR
  • KES
    KES
  • NZD
    NZD
  • NGN
    NGN
  • NOK
    NOK
  • SEK
    SEK
  • CHF
    CHF

Payment Methods FAQ

Can I Change the Currency in My Account?

Betway offers a perfect iGaming platform and always wants to satisfy all customers’ needs. This bookmaker allows you to change your currency at any time. To change your preferred option, log into your Betway account and navigate to the payment options. Once there, you can choose whichever currency you want to use.

Can I Deposit with Cryptocurrency?

Cryptos have gained pace in the online gambling industry, and more online bookmakers are offering this as a payment option. However, Betway does not accept deposits made via cryptocurrencies, but they might re-think this soon.

Can I Use Different Options for Deposit and Cash Out?

According to Betway’s terms and conditions, you can only make withdrawals using the same payment method you used to deposit. For instance, if you used PayPal to fund your account, you can only request a withdrawal via PayPal. But you can always switch to another option during your next deposit.

Can Deposit and Withdrawal Limits Be Changed?

Most bettors use deposit and withdrawal limits to manage how much they spend on betting. You can set your limits for 24 hours, one week or a month. Sadly or luckily, you cannot override this setting. So you have to wait until the set period expires so that you can change your limits.

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