How Long Does a Ladbrokes Withdrawal Take?
Ladbrokes offers UK customers six payment options to withdraw money, including debit cards, PayPal, paysafecard, The Grid, Apple Pay, and bank transfer. The fastest option is the Grid card as it provides instant withdrawals and a minimum withdrawal amount of as little as a cent. Also Ladbrokes accept Visa Fast Funds, which means that you can expect the money to arrive in 4 hours, but other debit card withdrawals can take up to 3 days. Bank transfer is the slowest, with withdrawals taking between 2 and 4 days, but the time can be even longer due to processing by the bank itself.
Ladbrokes Withdrawal Methods
Ladbrokes payment options | Withdrawal time | Minimum | Maximum | Fee |
|---|---|---|---|---|
Visa/ Mastercard/Maestro | 1 – 3 Banking Days | £5 | N/A | No |
Visa Fast Funds | Within 4 hours | £5 | N/A | No |
PayPal | Within 8 hours | £5 | N/A | No |
paysafecard | Within 8 hours | £5 | N/A | No |
Bank transfer | 2 - 4 Banking Days* | £5 | 70,000 USD equivalent | No |
The Grid | Instant | £0.01 | £1000 per day | No |
Apple Pay | 1-3 Banking Days | £5 | N/A | No |
* This depends on your bank’s processing times, meaning it could take up to 5 banking days to reach your account
The processing time begins once the funds are approved and transferred from the Ladbrokes account. The approval time is determined by the internal review team with no time period mentioned. Bank processing time and transaction times depend on the institution.
To prevent card fraud and theft, Ladbrokes uses a "Closed Loop System" for withdrawals. When system security regulations dictate that money must be returned to the payment method(s) used to deposit, your withdrawal may be returned to you in more than one transaction. In other words, the sum you want to withdraw may sometimes be split across several payment methods, including the ones you typically use to make deposits.
To provide you with some context, let's imagine you make a Ladbrokes deposit £200 via a paysafecard and £150 via the Grid. Even if you may prefer to use your Grid card for withdrawals, you will be prompted to withdraw £200 to your paysafecard before you can withdraw more than £150 to the Grid card.
As long as you deposit and withdraw from the same bank account or payment method, you can withdraw funds as and when you like. If you pick a method that wasn’t used to make a deposit in the last 180 days, a pop-up window will direct you towards using your latest deposit methods.
Now let's dig deeper into some of these payment methods Ladbrokes accept and their processing times.
The Grid
The Ladbrokes Grid card provides instant withdrawals, which is an extremely rare thing for the UK bookmakers. While the minimum transfer money is a mere penny, maximum withdrawal limits are capped at £1,000 per day. Minimum deposit is £5, while maximum deposit is not stated. The Grid card can be ordered in your local Ladbrokes shop. Note that the Grid mobile app that allowed to withdraw funds and check the withdrawal history is no longer available, so use the betting app for that purposes.
Visa Fast Funds
A withdrawal request made with Visa Fast Funds normally takes up to 4 hours to reach your bank account. The Ladbrokes minimum deposit and withdrawal amount is £5. There is a daily withdrawal limit of £2000, but it resets every 24 hours. You should be able to use the "Visa Fast Funds" service if you have a Visa Debit or a Prepaid Card issued by a major bank in the United Kingdom or the Republic of Ireland.
PayPal
The third fastest of the Ladbrokes payout options as PayPal withdrawals take up to 8 hours to be processed. Minimum deposit and withdrawal limits for PayPal are different: it's £10 for depositing funds, but only £5 for withdrawals. There are no fees for the transactions.
paysafecard
The Ladbrokes withdrawal time for paysafecard transfers will be a maximum of 8 hours. Frankly, it is surprising to see paysafecard among the payment methods for withdrawals at all, as the most UK betting sites only offer it only as a deposit method. The smallest amount you can withdraw is £5, the max withdrawal sum isn’t specified. Note that paysafecard provides deposits and withdrawals in GBP and EUR only.
Visa, Maestro, and Mastercard Debit Cards
Withdrawals via bank cards take 1-3 business days. The limits are low for this payment method: the minimum withdrawal is £5, as is the minimum deposit amount. The bookmaker doesn’t charge any fees, but the payment system providers might.
Apple Pay
It will take 1-3 banking days to complete the transfer from the Ladbrokes account. Ladbrokes accept Apple Pay as an e-wallet if you withdraw at least £5, but if any payouts take less than £5, it’s necessary to contact the support team. The maximum amount isn’t specified on the bookmaker’s site. You will only be able to make a deposit and withdrawal if your cards are already registered with Apple Pay.
Non-Accepted Withdrawal Methods
Withdrawals are available for almost all Ladbrokes deposit methods that can be used by UK customers. Unfortunately, among the Ladbrokes deposit options and those available for withdrawal, some popular options are missing.
Skrill
An e-wallet and also virtual prepaid debit card. A customer's email address and password are all that's needed for a speedy payment. Allow for card, bank, and local payment options, and link up with Skrill's global community of millions of existing wallet users, but Skrill can be used for Ladbrokes withdrawals.
Neteller
An e-wallet payment system widely used in the online betting industry of the UK. It allows customers to securely deposit and withdraw funds to and from their betting accounts. Neteller provides a convenient and fast way for users to manage their betting funds. Unfortunately, Ladbrokes payments are not processed via Neteller, both deposits and withdrawals.
Google Pay
A mobile payment method allows instant deposits at many betting sites and has a minimum amount deposit limit requirement of below ten pounds. However, at Ladbrokes, it cannot be used to deposit money, and it is not a withdrawal option either.
How to Withdraw from Ladbrokes
Do you have some funds raked up in your account? Then it is time to get your money from Ladbrokes.
Ladbrokes Withdrawal Time FAQs