Betway Withdrawal Times

Learn everything you need to know about withdrawals at BetVictor: withdrawal time for each method, minimum withdrawal and more.

Betway withdrawal time
Written by Steven Hubbard
Verified by BettingLounge team
Last updated 03/06/2024

Betway's Fastest Withdrawal Method is Visa Direct (Within 12 hours)

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Betway's Withdrawal Time: Our Test Result

We decided to put Betway's withdrawal process to the test ourselves, with the bookie claiming to have good withdrawal times for some method. We used Visa Direct for our test and withdrew £5, but we had to wait a little over 10 hours for the money to arrive. This is significantly slower than other Visa Direct withdrawals we have done, so that was a bit disappointing.

Betway Withdrawal Times for Each Payment Method

Betway deserves to be ranked among the best betting sites in the UK, with sports fans likely to be familiar with the company as a result of their shirt sponsorship of West Ham United FC.

But one thing that people thinking about signing up for an account are likely to wonder is what the Betway withdrawal times are for each payment method they accept.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Visa
Visa
£10 Not specified No fee 1-3 business days
Mastercard
Mastercard
£10 Not specified No fee 1-3 business days
Paypal
Paypal
£10 Not specified No fee Within 24 hours
Trustly
Trustly
10 Not specified No fee Within 24 hours
Bank Transfer
Bank Transfer
£10 Not specified No fee 1-5 business days
Instant Bank Transfer
Instant Bank Transfer
£10 Not specified No fee Instant (usually within minutes)

What Is the Fastest Way To Withdraw Money From Betway?

Visa Direct is the fastest way to withdraw money from Betway, though it is likely that the majority of customers who have accounts on the site do not have access to it.

For those who have signed up with Visa Direct, the good news is that it takes just 12 hours at the most from withdrawing winnings out of a Betway account for the customer to receive cash.

This is similar to how long it takes to receive funds via an e-wallet such as PayPal, competing with Visa Direct to be the fastest way to withdraw money from Betway accounts.

When using e-wallets to withdraw winnings, Betway says it will take no longer than 24 hours for the customer to get their cash, but in reality, many will receive the funds a lot quicker than this.

The slowest ways to withdraw money from Betway are certainly debit cards and bank transfers. Users who pick these ways to withdraw money from Betway accounts will wait a few days.

How To Withdraw From Betway

Those who are trying to take cash out of their accounts on the betting site for the first time will probably be wondering exactly what they need to do in order to withdraw winnings from Betway. Our simple step-by-step guide for how to withdraw from Betway has all the details, so read on:

  • 1

    Head Over to the ‘Banking’ section

    After opening the app, select the ‘Banking’ option in the menu at the bottom of the screen. You will now automatically be taken to the ‘Deposit’ section, so tap on the ‘Withdrawal’ tab at the top of the screen.

    Betway Deposit 1
  • 2

    Choose Your Preferred Withdrawal Method

    Once again, you will be offered several methods of withdrawing the funds. We selected to withdraw the funds with the ‘Preferred deposit method’, but you can choose any available method.

    Betway Withdrawal 1
  • 3

    Enter the Withdrawal Amount

    Now it's time to choose your withdrawal amount. There will be a pre-selected amount, or you can enter a custom amount. After choosing your withdrawal amount, check the tickbox about the ‘Terms and Conditions’.

    Betway Withdrawal 2
  • 4

    Tap on the green ‘Withdraw’ button

    After tapping on the ‘Withdraw’ option, you will be taken to a confirmation page showing that your withdrawal has been completed. You can check the status of your withdrawal from the main menu of the app as well. Our withdrawal via Visa Direct took a little over 10 hours to arrive in the bank account.

    Betway Withdrawal 3

Join Betway and Claim Welcome Offers

Welcome offers are very popular in the UK and as you would expect, Betway has one for the sportsbook and one for the casino section. It is not the best sports offer we have seen, but could still be worth claiming when signing up for the bookie.

Operator Welcome Offer Bonus Code Claim Offer
Betway
Betway Betting offer
Welcome Offer
£30 matched Free Bet if your first Acca loses + 100 Free Spins on Gold Blitz
No code required
Claim Offer
*New UK customers only. Min Stake: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. 100 Free Spins on Gold Blitz (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. 18+ BeGambleAware.org. Bet the Responsible Way. Full terms apply.
Betway
Betway Casino offer
Welcome Offer
Stake £10 Get 125 No Wagering Free Spins on Big Bass Bonanza
No code required
Claim Offer
*New UK customers only. 125 free spins on Big Bass Bonanza (£0.10 per spin) credited after successful £10 deposit and £10 stake on Casino, Vegas or Live Casino. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. 18+ BeGambleAware.org. Bet the Responsible Way .Full terms apply. #AD

Betway Withdrawal Times FAQs

Steven is an experienced iGaming content writer who has been working in the industry since 2018. He is passionate about sports betting and enjoys writing about all aspects of the industry, including bookmaker reviews, betting tips and strategies, and news and analysis. If you have any questions about online gambling in the UK, please don't hesitate to contact him.