One of the other big reasons for Virgin Bet's success is the fact that customers can receive their withdrawals very quickly, and when we tested Virgin Bet, we received our funds within 10 minutes. This is one of the best scores we have seen and the bookie deserves a lot of praise.
However, while the withdrawal times are fantastic, there are a few issues with the site when it comes to transactions. Just like when you deposit funds at Virgin Bet, there are limited methods of payment, and this is quite annoying for customers (even if made better by the speed of the process).
Virgin Bet has been on a steady rise since its founding in 2019, and it could be argued that this is thanks to its fantastic promotions - headlined by 'Fives' - or perhaps, its extensive sportsbook. Of course, all of this is thanks to the partnership with the LiveScore Group, which owns and operates the sites.
Below, we have thus collected everything you need to know about withdrawing funds from Virgin Bet. In addition to withdrawal time, we have also listed the minimum withdrawal amount for each payment method at Virgin Bet.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa | £10 | £20,000 | No fee | 1-3 business days (2-3 hours Visa Direct) |
Mastercard | £10 | £20,000 | No fee | 1-3 business days |
Paypal | £10 | £20,000 | No fee | Within 24 hours |
Bank Transfer | £10 | £20,000 | No fee | 2-3 business days |
As you would expect, the fastest way to withdraw winnings from Virgin Bet is by using the Visa Direct system. Withdrawals with this method usually take just a few minutes, which is very good, and this was seen in our test with us receiving the funds in our account within 10 minutes. However, not everyone has a Visa debit card.
The best option, as such, is to use PayPal which has a minimum withdrawal amount of £10 and usually has the money in the account within 24 hours. Most punters who have used the method will know that just a few hours, if not quicker, is usually all they have to wait. The fact that this method is accepted is very important, especially for Mastercard users.
If you haven't withdrawn money from Virgin Bet before, you can follow our step-by-step guide on how to do so below. We tested the process on the bookie's app.
Just like when depositing, you must go to the ‘Profile’ area of the home screen. However, the withdrawal cashier is not as easy to spot as it is located at the bottom of the screen.
Now, you must select your payment method and we had to opt for a debit card, as we did when depositing. In cases where your net deposit amount is lower on one payment method, VirginBet requires you to withdraw to zero before you can switch the method. For example, if you have a net deposit amount of -£25 on a debit card and £0 on PayPal, you must go with the debit card.
Finally, enter the amount that you would like to withdraw and then tap the red ‘Withdraw’ option at the bottom of the screen.
In our test, the withdrawal was completed within minutes thanks to the Visa Direct system that is used by Virgin Bet. This is fantastic as it means customers can receive their funds very quickly. For customers that do not have Visa debit cards, it states that withdrawals could take three days.
Operator | Welcome Offer | Bonus Code | Claim Offer | |
---|---|---|---|---|
| Welcome Offer Bet £10 Get £20 in Free Bets | No code required | Claim Offer | **New members only. £10 min deposit & bet on sportsbook (ex. virtuals), placed & settled at 1.5 min odds in 14 days of sign-up. Win part of E/W bets. Free Bets: accept in 7 days, valid 7 days, use on sportsbook only (ex. virtuals), stakes not returned. T&Cs and deposit exclusions apply. Bet Responsibly. GambleAware.org. 18+ |
Accredited football journalist with a focus on Italian football, working for the likes of SempreMilan and Serie A Total. As an avid punter, I enjoy browsing sportsbooks for the best-value bets.