

Betway Payment Methods - Deposit & Withdrawal
There are numerous Betway payment methods, from popular choices like Visa, Mastercard, and Interac to more niche options like ecoPayz, Neosurf, and Flexepin. While some competing sportsbooks offer more providers, Betway delivers more than enough for the casual bettor. Nearly all banking methods Betway has on tap allow for both deposits and withdrawals.
Betway Deposit Options & Limits
Canadians depositing with Betway can use options such as Visa, Mastercard, Interac, PaySafeCard, Instadebit, MuchBetter, and more. You will never be charged for making a deposit and your funds will appear in your account instantly. However, it’s always worth checking to ensure your chosen provider doesn’t have any unique stipulations. Additionally, before you make your first deposit with Betway, you will be asked to decide what currency you wish to use. Keep in mind that once you pick a currency, you cannot change it.
If you are not happy with the provided deposit options and limits from Betway you can check the following sportsbooks providing services in CA:
How to deposit at Betway
For depositing funds on the Betway sports betting site, log in to your account and proceed with the following steps in order:
- Click on the deposit button.
- Select your preferred payment method.
- Enter the desired deposit amount.
- Follow the provided on-screen instructions and complete your deposit request submission.
Betway Withdrawal Methods
Most of the options for deposits will also allow you to withdraw funds. For example, Visa, Mastercard, Interac, PaySafeCard, Instadebit, and MuchBetter can all be used to take out your money. Withdrawal requests are typically processed by Betway within 24 hours, but it may take 3-5 business days for the funds to reach your personal account depending on your chosen provider. As with deposits, Betway will not charge you any fees for making a withdrawal.
How to withdraw at Betway
Here’s how to withdraw at Betway:
- Log in to your Betway account
- Click on ‘Bank’ or ‘Banking’ depending on whether you’re a desktop or mobile user
- Select your chosen payment method under ‘Withdrawals’
- Type in the amount you wish to take out
- Fill in your details and await the transaction’s completion
Betway payout speed
There are four steps to Betway’s withdrawal process. Your request will go from pending to processing to completed processing to paid. Overall, those steps should occur within a 24-hour period from the time you ask for a payout. Any additional time it takes will be due to your chosen payment provider, who may demand additional steps be taken.
Payment Methods FAQ
How fast does Betway payout?
If you’re using an e-wallet, withdrawals at Betway usually take 24 hours. Bank cards and bank transactions take longer, up to three business days. However, once you have used a payment provider at Betway, withdrawals are usually quicker.
Do you have to pay taxes when you win at Betway?
You do not have to pay taxes while gambling in Canada unless you are doing so professionally. That means all the cash you make from your sports betting is yours to withdraw. You may need to complete terms and conditions like wagering requirements before withdrawing rewards from bonuses.
Does Betway accept Bitcoin?
No, Betway does not allow Canadian players to make transactions using Bitcoin. However, a range of trustworthy payment options are available to players, including bank cards like Visa and Mastercard and Canadian favourites like Interac.
Can I change the currency in my account?
You can change your currency during your sign-up, with Betway automatically setting your preference to Canadian dollars. However, once you set your currency during sign-up, you can’t change it.
Can I use different options for deposits and withdrawals?
While most options are available for depositing and withdrawing at Betway, you can choose different options for depositing and withdrawing if you wish. Simply add the payment information of the methods you want to use in the “Bank” section and select the appropriate option when making a transaction.
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