Betway is one of the biggest names in the world of online gaming. Established back in 2006, it has a big portfolio of online games like sports betting, casinos, poker, and bingo. Players stand a chance to make big winnings while playing with Betway, and it is obvious that they will be looking to withdraw some of the winnings. What is betway minimum withdrawal?
Read on to find out.
What is betway minimum withdrawal?
The minimum amount that you can withdraw from your Betway account is $10 or ₹1000. Betway has a minimum withdrawal limit because every time you withdraw money from your account, Betway incurs charges. So in order to cover their fees, the site needs to have a cap on the minimum amount that you can withdraw. In most cases, withdrawals are free, but sometimes, charges may be applicable.
In most cases, your withdrawals will be via the same method that you selected for depositing money in your account. In case the same method is not available for withdrawal, you will be given a choice to select your preferred method. The methods available for withdrawals vary according to your country of residence, but in most cases, you can withdraw via a bank wire, or with the help of e-wallets like Neteller and Skrill. Your withdrawals may reflect in your account as a single payment or payments done in increments.
In case you change your mind and you want to cancel your withdrawal request, you can do so by simply clicking on the `Reverse Withdrawal´ tab. However, you can still do this while your request is `pending´, which may be for up to 72 hours. Once the request is processed, you cannot reverse it.
What is betway minimum withdrawal? The amounts are kept low enough so as to be as inclusive as possible while keeping each transaction's cost into account. Withdrawals requested via e-wallets usually take around 2-24 hours to complete, while those requested via bank transfer may take up to 7 days.
Bigger withdrawals may be subject to additional verifications in the form of identification documents.