1xBet is one of the few Nigerian bookmakers that offers many withdrawal methods to punters. E-wallets, bank cards, and bank wire transfers are just a few of the options available to you when making a payment. While some players are curious about these payment methods, the majority of Nigerian players prefer to receive funds directly into their bank accounts.
1xBet Withdrawal Method: How to payout
If you’re looking to get your winnings, here’s a guide to help you through the process. You have the flexibility to choose from online payments via the website or mobile app, or in-person payout at a betting shop.
- Navigate to the homepage. Log in using your credentials.
- Go to “Personal Profile” and scroll to the funds section where you can view your available balance.
- Click on “Withdraw Funds”. Choose your preferred method: bank account or e-wallet.
- Bank account transfer: From the options, select your bank. Enter your bank account number and the amount you wish to take out. Confirm the details to process the transaction.
- Transfer to e-wallet: Select your electronic wallet from the available options. Add your e-wallet ID, number, or email. Input the amount you want to pay out and confirm the transaction.
- Betting Shop payout: Visit a betting shop and present your proof of winning (usually a printed paper slip). Once the agent verifies your wager, you’ll receive your cash winnings.
Minimum and Maximum Limits
The minimum amount you may take out from your balance is 550 NGN.
According to customer support, the highest amount that may be won is €600 000 or its equivalent in foreign currency. Unfortunately, the site does not specify a maximum withdrawal amount for Nigerians.
The customer support states that the bookmaker didn’t specify a daily payout limit. The maximum depends on the payment provider.
How Long Does 1xBet Withdrawal Take?
Bookmaker has one of the quickest processing times. In the absence of any payout issues, requests are handled around the clock.
According to the bookmaker’s customer support, the transaction times depend on the workload of the payment systems. It takes from 1 min to 24 hours for the funds to enter your account. If you’re having trouble, please contact the customer support team.
Welcome Bonus Withdrawal
All new customers can receive a welcome incentive of up to 145 600 NGN. You have to opt in either when registering or later in your personal profile.
To claim the welcome bonus, you have to deposit at least 400 NGN. You will receive a reward based on the size of your initial payment:
- 200% for funding your balance up to 20 800 NGN
- 250% for payment between 20 801-41 600 NGN
- 300% (maximum of 145 600 NGN) for the deposit from 41 601 NGN
Wagering:
- 200% — 50% in the Sportsbook on accumulators (at least 3 selections must be at min odds of 1.40), x5 wager. 50% in the 1xGames and x30 wager.
- 250% and 300% — 50% in the Sportsbook on accumulators (at least 3 selections must be at min odds of 1.40), x10 wager. 50% in the 1xGames and x35 wager.
The promo is valid for 30 days after registration. If you don’t meet wagering requirements in time, the bonus and all winnings from it will be forfeited.
Possible Issues
There are some potential issues that might prevent you from completing a withdrawal:
- Specifics of verification. If you don’t provide the right documents during your verification, you won’t be able to receive your cash.
- Bettor’s issues. Using multiple 1xBet accounts simultaneously can lead to denial of payouts. Failing to meet the minimum wagering requirements, making it impossible to take out bonus money.
- Technical issues. Temporary network problems or system upgrades might hinder transactions. Occasional maintenance downtimes from third-party payment processors. Personal network issues on the customer’s end can also interfere with transaction processes.
- Payment system delays. Typically, it can take up to seven business days for banks to finalise the transfer. Similar delays can occur with electronic payment systems like Payee, ecoPayz, Neteller, etc., with the time taken for funds to be credited depending on the specific method used.