Betway Withdrawal Rules in Nigeria
In this article, we’ll tell you how to make a withdrawal from Betway. It is one of the most popular betting sites in Nigeria, with over 30 sports events, a casino, a virtual sports section and others. On Match.Center, there are other related articles to Betway such as How to Register on Betway and How to Play on Betway.
Betway Withdrawal Method: How to payout on Betway
The clients can withdraw winnings by logging in to their Betway accounts. Then go to the “My Account” widget and click on the “Withdrawal” button.
Betway offers customers plenty of options to deposit into their accounts such as Paystack, Opay, Quickteller, Flutterwave, GT bank, Bank transfer, Mtn MoMo, Credit and Debit cards, and Paga.
On the other hand, there are only two withdrawal methods: EFT and Paga. According to Betway customer support, withdrawals into Opay are currently unavailable.
Payout Betway to a Bank Account
Clients can withdraw their winnings from Betway to their bank accounts via EFT.
The withdrawal process through EFT to your bank account takes up to 2 business days.
Minimum Withdrawal on Betway
According to customer support, the minimum withdrawal amount is 1000 NGN via bank transfer and 100 NGN via Paga.
Betway Maximum Payout
The maximum payout on Betway is 25 000 000 NGN for a single bet and 50 000 000 NGN for a multi bet per bet slip. This information is verified in the terms and conditions section of the bookmaker’s website. To shed more light on the above information, clients must note that the maximum payout amount per sport varies and is fully decided by the bookmaker, as seen on their website.
The maximum withdrawal amount via bank transfer is 10 000 000 NGN. The maximum withdrawal through Paga is just 10 000 NGN.
Betway Maximum Withdrawal Per Day
The customer support states that the maximum withdrawal per day equals the maximum withdrawal amount, which is 10 000 000 NGN for a bank transfer and 10 000 NGN for Paga.
Betway: Withdrawal Time: How Long Does Betway Withdrawal Take
The withdrawal time depends on the payment methods but can take up to a maximum of 2 working days. You can contact Betway Nigeria customer support service if the delay lasts longer than 48 hours.
Betway Bonus Withdrawal
Betway provides a 100% Welcome bonus up to 100 000 NGN. You can withdraw the winnings from the Free bet without additional wagering, but note that you can receive a bonus from this bookmaker only after placing qualifying bets.
100% Welcome Bonus
Most prominent Nigerian betting sites reward their first-time users with a welcome bonus. The operators of Betway also behave similarly by giving new users on their platform a 100% welcome bonus.
To enjoy this bonus:
Only after you have completed the requirements will you receive the Free bet.
How to Cancel Withdrawal on Betway
If a client's withdrawal requests on Betway have not yet been processed, then they can cancel the transaction and stop the withdrawal process. However, it must be within a few minutes of placing a withdrawal request because once it is processed, it can no longer be reversed or cancelled.
Here is how to cancel a withdrawal process on Betway:
Betway Withdrawal Problem
Specifics of verification
In accordance with Nigerian gambling regulations, Betway may request your verification documents at any time.
The documents you need to provide are:
Possible issues during withdrawals
There are several reasons why a customer might experience problems during withdrawal from any sportsbook. On Betway, here are some of the issues that punters can encounter:
FAQs about Betway Withdrawal
Some factors may cause your withdrawal to be delayed at Betway. Some of these factors include entering an incorrect phone number during registration, violating the T's and C's of the betting site and more. To be certain of the cause of your withdrawal delay, it is best to reach out to the Betway customer support team.
In order to get a Welcome bonus, you must meet certain conditions. But after that, there are no additional wagering requirements on the winnings from the Free bet. Customers can withdraw all winnings except the initial stake.
It depends on the payment option the customer chooses to make a withdrawal on the betting site. This is because the withdrawal process time for each of the payment options might vary. Generally, withdrawals are processed within 24-48 hours.
Yes, you can cancel the withdrawal request, but you must do it as soon as possible before the withdrawal request is processed. Note that once the withdrawal request is processed, it cannot be undone.