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Novibet Payment Methods - Deposit & Withdrawal
For payment processing, Novibet has a cashier page with multiple deposit/withdrawal options, including e-wallets, bank transfers, card payments, and mobile payment solutions. Some of the banking methods you can use to fund your account include MasterCard, Apple Pay, VISA, and Interac. All deposits are free and instant except for Interac, which takes up to 5 minutes to process deposits. On the other hand, withdrawals usually take up to 1 hour. The least acceptable deposit is $5, whereas the maximum withdrawal limit is $5,000.
Novibet Deposit Options & Limits
Novibet provides registered players with a wide range of secure deposit methods grouped into the following categories:
- E-wallets
- Mobile options
- Card payment gateways
The minimum deposit you can make is $5. However, if you use Interac and Card payment options, you can only fund your account with at least $10. On the other hand, the maximum deposit applicable is $10,000, with Apple Pay and Interac accepting up to $5,000. If you do not yet have a Novibet account, head over to our Novibet review and follow the steps in the guide.
How to deposit at Novibet
To initiate a deposit at Novibet Sportsbook, open the online betting site on your PC or mobile, sign into your account, and apply these steps:
- Navigate to the cashier page
- Select the payment method, for instance, Interac
- Enter how much you wish to deposit
- Confirm the details
- Follow the onscreen instructions to complete the process
If you are not happy with the provided deposit options and limits from Novibet you can check the following sportsbooks providing services in Canada:
Novibet Withdrawal Methods
The sports betting site offers varying payment methods based on your location. For Canadians, the site has Interac, which allows you to withdraw cash ranging from $10 to $5,000. But how long does it take Novibet to pay out? Well, the payment option takes up to 1 hour. Also, you don't have to incur any Novibet withdrawal fees, as no extra charge is incurred. With options like PayPal and Neteller missing for payouts, Interac forms a great option for cashing out your winnings.
How to withdraw at Novibet
To withdraw money from your account after winning a bet, log into Novibet and continue as highlighted below:
- Open the cashier page
- Choose the withdraw option
- Select the Interac withdrawal method
- Enter how much you want to withdraw from your account, noting that the minimum cash is $10
- Submit your withdrawal request
Novibet payout speed
Novibet offers fast payout options with incredible processing speeds that will see you receive your money within the shortest duration. All withdrawal requests via Interac are processed within 1 hour. This makes Novibet one of the go-to sportsbooks in Canada for relatively fast payouts. Also, withdrawing money from your account is a simple process that will take less than 4 minutes of your time. Read Novibet review and Novibet bonuses to decide if this bookmaker is right for you.
How To Fund Your Account
Everything You Need To Know In 5 Easy Steps!
Log in to your sports betting account
Locate and enter the cashier/payments page
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 total amount of funds that you wish to deposit into your sports betting account and click on the deposit button.
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
Payment Methods FAQ
How fast does Novibet payout?
Novibet has payout speeds of up to 1 hour, which is quite impressive. This is courtesy of the Interac withdrawal method.
Do you have to pay taxes when you win at Novibet?
No, you don't have to pay taxes when you win at Novibet Canada. The operator remits the taxes on your behalf.
Does Novibet accept Bitcoin?
No, Novibet does not accept Bitcoin or any other cryptocurrency method. However, you can use fiat currencies like CAD.
Can I change the currency in my account?
No, you cannot change the currency in your account. Once you choose the currency option, you get to use it for the entire time you will be a member.
Can I use different options for deposits and withdrawals?
No, you cannot use different deposit and withdrawal methods. The operator only allows you to use the deposit method you used to withdraw your funds.
