Although the withdrawal times are often listed on the best betting sites, it is always good to test the withdrawal process and that is exactly what we did with BetGoodwin. We decided to withdraw the minimum amount of £10 with a Visa debit card and the result was very positive. Indeed, the money arrived in our bank account after just 30 minutes (!).
Those who prioritise fast withdrawals can thus rest knowing that BetGoodwin offers exactly that. On the other hand, this requires having a Visa debit card and that is an issue, as many punters have a Mastercard debit card instead. BetGoodwin could thus improve even more by adding an e-wallet or similar.
BetGoodwin is one of the new betting sites in the UK and as a result, one should perhaps not expect the best of standards. The sportsbook is decent though, as we covered in our review of the site, and the specific focus on horse racing will be appreciated by many. Payment-wise, on the other hand, the bookie could do a lot better.
Below, we have collected the key information about withdrawals at BetGoodwin, such as the payment methods available and the withdrawal time for each. There is not much to show, truth be told, as the bookie only accepts debit cards and many will be disappointed by the lack of an e-wallet like PayPal.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa | £10 | Not specified | No fee | 30 minutes in our test |
Mastercard | £10 | Not specified | No fee | Up to 5 business days |
Those who prefer betting sites with fast withdrawals will not be disappointed by BetGoodwin, as a withdrawal with a Visa debit card can get you the money within the hour. This is thanks to the brilliant Visa Direct feature, with our test confirming it took just 30 minutes for the money to arrive, and it will come in handy for many punters.
The minimum withdrawal amount of £10 could be improved, though, and it would also be nice to see another fast payment method at BetGoodwin. This is simply because not all punters will have a Visa debit card, with many using Mastercard debit cards instead. An e-wallet such as Neteller could solve that problem.
If you are a new customer at BetGoodwin, or perhaps want to see the withdrawal process before signing up, you can take a look at our step-by-step guide below:
To reach the withdrawal cashier, tap the balance in the top corner of the screen and then choose the 'Withdraw' option in the menu that emerges.
Next, you will be taken to the withdrawal cashier which is quite basic in its design. However, this is not a bad thing by any means. Due to gambling regulations, we had to withdraw to our Visa debit card as we used it to deposit as well. Once the method has been chosen, enter the amount you would like to withdraw and tap the yellow 'Withdrawal £X' button.
In our test, it took less than 30 minutes for the money to arrive in the bank account. This is thanks to the Visa Direct system, of course, but Betgoodwin also deserves praise for processing the payment so quickly.
Operator | Welcome Offer | Bonus Code | Claim Offer | |
---|---|---|---|---|
| Welcome Offer 50% Back As Free Bet (Up to £25) | No code required | Claim Offer | Minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger to qualify. Max free bet £25. Free bets are non-withdrawable and to be credited within 24 hours. |
| Welcome Offer 50% Back on First Day Losses up to £50 in Bonus Funds | No code required | Claim Offer | 18+, new customers only. 50% back of first day casino losses refunded as bonus funds up to £50. Bonus funds to be credited the next day. Bonus funds maximum winnings capped at £500. First day casino losses equals all casino losses incurred before 23:59. Wagering requirement for bonus funds is 5x. Minimum losses of £10 to qualify for bonus funds. |
Isak is an experienced content writer with a background in sports journalism. Having focused mainly on football in the past, he certainly knows a thing or two about the betting industry and what makes a good bookie. At BettingLounge, he makes sure that the content is up-to-date and presented in the best way possible.