Betway is one of the most popular names in the online betting and gambling world. Since 2006, it has been offering various online games like bingo, poker, and sports betting to its customers. For those who win money on these platforms, the thrill and excitement are unmatched. Withdrawing the winnings might be the first thing on their mind. How long does it take for betway to payout?
That varies according to the method you use. Read on for exact details.
How long does it take for betway to payout?
Betway allows it’s customers to withdraw their winnings in a number of ways. However, given the global presence of the website, the options for withdrawals vary according to the player's country of residence.
Betway prefers to route the withdrawals via the same method through which the money was deposited. In case the same method is not available for withdrawal, the players will be asked for their choice.
Once a player requests withdrawal, the request goes through four different `statuses´. Immediately after the request, the status may show `pending´, for up to 72 hours. At this stage, your request is in a queue, and you may change your decision and reverse your withdrawal back into your betway account.
The next status is `processing commenced´ wherein your request is being reviewed. At this stage, in case it is the first withdrawal, or a large sum is being withdrawn, the website may ask you for additional documents in order to verify your identity.
The next stage is `processing completed´ when your identity is verified, and your request is sent for payment.
The last status is `paid´ when your withdrawal has already been released and will be credited via your chosen method. Once the withdrawal is `paid´, it may take up to 24 hours to reflect in your e-wallets like Neteller and Skrill or may take up to 7 business days in case of bank transfers.
How long does it take for betway to payout? Now you know that it is not too long and that your money is always safe!