Wondering how long it actually takes to get your money from Betfair? We put the withdrawal time to the test using real money and a Visa debit card, receiving our money instantly.
In this guide, you will find our full test results, the step-by-step breakdown of the process, and tips to get your money out faster.
Betfair is one of the biggest UK betting sites, and it's unlikely that you haven't heard of the site. Offering both a sportsbook and an exchange, you could describe it as one of the most versatile platforms for punters. One of the key things for this is the excellent withdrawal times.
Below, therefore, we have collected everything you need to know about withdrawing funds from the site. In addition to the minimum withdrawal amounts, we have listed the withdrawal time for each payment method at Betfair.
| Payment Method | Min Withdrawal | Max Withdrawal | Withdrawal Fee | Withdrawal Time |
|---|---|---|---|---|
| Visa | £5 | Not specified | No fee | Instant in our test |
Mastercard | £5 | Not specified | No fee | 2-5 business days |
| Apple Pay | £5 | Not specified | No fee | 2-5 business days |
Instant Bank Transfer | £5 | Unspecified | No fee | 2-5 business days |
PayPal | £30 | Unspecified | No fee | 4-24 hours |
Skrill | £30 | Unspecified | No fee | 2-5 business days |
Neteller | £30 | Unspecified | No fee | 2-5 business days |
Paysafecard | £30 | Unspecified | No fee | 2-5 business days |
Bank Transfer | £30 | Unspecified | No fee | 2-5 business days |
When conducting our test at Betfair, we found that withdrawals were instant when using a Visa debit card, either directly or through Apple Pay. Pay by Bank, also known as Instant Banking, is another fast way of withdrawing funds from the bookie.
As you imagine, traditional bank transfers take the longest time to process and payout, with the bookmaker stating that it could take up to five business days for your money to arrive. Certainly not ideal, even if few punters use that method anyway.
If you are keen on learning more about withdrawals at Betfair, you can follow our step-by-step guide on how to withdraw funds from the site below.
On the home page, when you are ready to withdraw, head back to the user profile menu via the icon shown in the top right corner. Then, tap 'Withdraw'.
Betfair requires you to have previously deposited with the method that you want to use for the withdrawal, so choose one of the eligible options.

Finally, enter the amount you would like to withdraw and tap the button at the bottom of the screen. We were not left waiting long at all for the money, either, as it arrived instantly!
Thankfully, we never needed to check the status of our withdrawal with Betfair thanks to the speed, which is only a positive. However, if your withdrawal doesn't go through immediately and you want to track the status, you can do so on the app or online.

Simply head back to the withdrawal cashier, and then select the 'Pending' tab, which shows the transactions you are waiting for. A very easy thing to check, as it should be!

Ben is an accredited football journalist who follows anything from League One to Serie A, also working for the likes of SempreMilan and Total Italian Football. As an avid punter, he has become the master tester at BettingLounge, refusing to take bookies by their words when it comes to withdrawal times and much more.