
The number one thing a bettor wants to know when his or her bet has been successful, is how long the Betano withdrawal time will be?
This guide will explain how the Betano withdrawal time works and how long it will take from your bet being a winner until your winnings are in your bank account.
Betano are working very hard to become one of the best UK online bookmakers and they want customers to have an enjoyable experience in all aspects of their betting journey.
This includes the withdrawal times. They want to make it clear how their process works and make it easier for them to understand what needs to be done.
Betano has introduced a FastFunds Withdrawals function on their site and app. It is described as a fast, convenient and secure method that gets your withdrawals into your Betano betting account within 30 minutes of approval.
The FastFunds Withdrawals option is available to VISA users and your selected bank needs to offer you the FastFunds feature in order for this to work.
Not all banks offer this feature at the moment, so it makes sense to check with your bank before attempting to use the FastFunds Withdrawal method.
The most popular way to withdraw any funds from betting sites is by using your debit card. Whichever debit card you used when you signed up as a new Betano customer will be valid for your withdrawals. It is recommended you use the same card for both deposits and withdrawals.
Any funds withdrawn to your debit card should take between 2-5 working days of the transaction being approved. Bettors will not be charged for using this function.
Some VISA or MasterCard issuers might refuse this method, so once again it is best to check with your provider to see if this is accessible.
Betano is a worldwide betting company, but different countries have different rules. The UK Gambling Commission that operates in Great Britain and Northern Ireland will not allow customers to use credit cards in order to withdraw funds.
More and more bettors are using mobile apps to place their bets and withdraw their funds. Google Pay is available as a withdrawal method for Android users.
Bettors will need to have at least one card stored on the device that is accepted by Betano. Any withdrawals will be available immediately after customers have made their first successful deposit.
Any withdrawals can take up to 24 hours for the funds to be released, and once the funds have been released then it could be in your account within 1-3 working days.
With Google Pay being available for Android mobile users, Apple Pay is for iOS devices that have Safari and Chrome as their internet browser.
The format of iOS and Android Betano apps are very similar. Bettors will be able to withdraw funds once a deposit has been made.
It will take 24 hours for the funds to be released and then 1-3 working days for the money to be placed into a Betano betting account.
Below is a brief table with the most popular ways of withdrawing funds and the Betano withdrawal limits for each customer.
Withdrawal Method | Minimum Withdrawal | Maximum Withdrawal | Withdrawal Time |
---|---|---|---|
FastFunds | £5 | £2,500 | 30-60 minutes |
Debit Card | £5 | £30,000 | 2-5 working days |
Apple Pay | £5 | £50,000 | 1-3 working days |
Google Pay | £5 | £40,000 | 1-3 working days |
With Betano being available worldwide, other countries will have other forms of payment and withdrawal methods. Make sure you check what methods are available for whichever country you are betting in.
We have explained what methods can be used and how long you can expect to wait for your funds, but how do you actually withdraw them?
Follow these simple steps to successfully withdraw your winnings:
We have included the methods of payment you can use to withdraw your funds, but what about the ones that are not accepted.
Below are a few methods that are not yet accepted at Betano in the United Kingdom.
Betano does not currently have the capability to allow users to use the likes of Skrill and Neteller as a form of withdrawal. This does not mean that will not happen in the future. These methods are used at other sites, so it could be a possibility in the future.
Debit cards are the most popular methods of payment when it comes to withdrawing funds. However, credit cards are not an acceptable form of payment. In the UK, credit cards are not allowed to help stop irresponsible gambling. Betano have abided by these rules, as have a lot of betting sites in the UK.
A few online bookmakers in the UK allow customers to have a dedicated card that helps the withdrawal format to be a bit quicker and smoother. Betano has not gone down that route, so a dedicated Betano card is not on the menu.
The whole Betano withdrawal method might not be as extensive when it comes to payment methods, but it is a smooth operation and more methods can always be added in the future.
All the payment methods are clearly explained and the steps taken are very straightforward. As long as you follow all the guidelines in terms of what card or e-wallet can be used, you should not encounter any real problems.
The minimum and maximum amounts are very generous and the withdrawal time is just as quick as some of the big name online bookmakers.
The withdrawal time depends on which method of payment you are using. One method takes under an hour, while the others can see your funds be in your account within 1-5 working days.
If your selected bank has the FastFunds option, then it is recommended you use this method when withdrawing funds with Betano. If your bank does not allow it, then you cannot use it.Customers who can use the FastFunds system will have their funds in their bank within 30-60 minutes.
It is common for a deposit to be registered as a failed payment due to whether or not the bank allows this method or if there are not enough funds. When it comes to withdrawal failed payments, it is not uncommon for your first one to be rejected. If this happens, customers need to contact the support team, using the live chat or emailing help@betano.co.uk..
You are able to update your card details if your current card expires. Bettors will go to the Deposit tab and click on Manage Payments. You will then be able to edit the relevant information and then save it.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.