In this article, we'll tell you how to make a withdrawal from Melbet.
Melbet is a betting site that has over 30 sports, virtuals and an online casino section where bettors can place their bets. Also, you will find other comprehensive articles about this sportsbook on Match.Center. These series include How to Register on Melbet and How to Play with Melbet.
Melbet Withdrawal Method: How to payout on Melbet
Withdrawing money from your Melbet account is quite simple. All you need to do is log in, tap on the My Account section, and open the Withdrawal tab. Melbet accepts popular payment features owing to its partnership with well-secured payment providers.
You can withdraw money to your bank account through Paystack and Flutterwave. Clients can also use the Opay medium for withdrawals, though this method is not working properly.
Payout Melbet to a Bank Account
Your winnings on Melbet can be withdrawn to your bank account easily via the following steps:
Visit the Withdrawal page on the My Account category of your Melbet account
Click the withdrawal option from the drawdown under ‘My Account’ category.
Choose the Paystack or Flutterwave bank transfer payment
Select your preferred method of withdrawal
Enter the amount you intend to withdraw
In the highlighted section, you can input the amount you intend to withdraw, up to the maximum allowed.
Select the name of your bank from the options provided
A drawdown will appear from which you can choose your bank of choice.
Fill in your account number in the field provided
Fill in your account details in the highlighted space
Tap on the Confirm button
Instantly, your withdrawal bid will be created and the funds will be credited to your bank account.
Minimum Withdrawal on Melbet
On Melbet, customers are allowed to withdraw a minimum amount of 500 Naira via any withdrawal method.
The maximum payout from a Melbet betting account is 25 000 000 NGN via the Flutterwave Bank Transfer option and 1 000 000 NGN via Paystack.
Maximum amount for withdrawal on Melbet
Melbet Maximum Withdrawal Per Day
According to the T&C on the Melbet website, there is no mention of the amount customers can withdraw per day. However, the withdrawal limit with this bookmaker is 25 000 000 NGN, and under any conditions, no client can withdraw more than this amount daily.
Melbet: Withdrawal Time: How Long Does Melbet Withdrawal Take
The bookmaker processes withdrawals 24/7. But the withdrawal time on Melbet is highly dependent on the type of payment option a bettor chooses. For instance, a Flutterwave transaction takes place within a few minutes, while Paystack could take slightly longer.
Withdrawals are processed on Melbet all around the clock.
Melbet Bonus Withdrawal
The Melbet bonus funds can be withdrawn from your account at the sportsbook only after you have placed a bet. Several bonuses await new customers once they have successfully registered on Melbet.
100% Welcome Bonus
As expected from popular betting sites to reward new users with a welcome bonus. Melbet also rewards newly registered punters on its platform with a 100% sign-up bonus. This bonus can only be activated with a minimum deposit of 4500 NGN, up to 45 000 NGN.
To enjoy this bonus, customers must:
Register on Melbet and verify their Melbet account
Make the first deposit of 4500 NGN
Get a 100% bonus of the deposit amount and activate it within 7 days after the first deposit. Use the bonus within 30 days or all winnings made on the bonus will be revoked.
Wager the bonus 5 times on accumulator bets with a minimum of 3 selections. At least 3 selections should have odds of 1.5 or greater each. Wager the bonus with a bet that does not exceed the amount of the bonus. If the bet exceeds the amount of funds in the bonus account, the entire amount of the bet will instead be taken from the main account.
Window for bonus code when making a first deposit.
Once you have met all the wagering requirements, your winnings will be transferred to your Melbet account. Just visit the Withdrawal section whenever you are ready to make a withdrawal.
On Melbet, once your withdrawal bid has been processed, you will not be able to cancel it again. However, it can only be cancelled if your request has yet to be processed. This is why you must immediately cancel within 15 minutes of making a request.
Here are the steps involved in cancelling a withdrawal on Melbet:
Log in to your account
Visit the Banking section and then click on the Withdrawal button
Tap on the reverse button to cancel your withdrawal bid
Melbet Withdrawal Problem
Specifics of verification
Account verification on Melbet is very important, especially when you want to make a withdrawal. All data can be checked and saved by the bookmaker. The company reserves the right to recalculate all bets as a return in cases of a discrepancy between the evidence and the data provided by the client. Any winnings will not be paid out until the client proves his identity.
Here is the list of documents required for verification:
National Identification Card
International Passport
Drivers Licence
Proof of Address
The bookmaker’s requirements in their terms and conditions section.
Possible issues during withdrawals
Delayed withdrawal on Melbet can be a result of the following problems:
Trying to withdraw a Melbet bonus without meeting the wagering conditions: Once this happens, the client might forfeit his winnings or get his Melbet account temporarily suspended.
General issue: It can happen at any time when there is a technical glitch on the betting site. And as a result, you might find it hard to withdraw your winnings. To ascertain that it is a general issue, contact the customer support service on the betting site.
Error from the bank: Once you have been able to ascertain that it is not a general issue on the sportsbook. Then it might be an error from your bank - probably a delay caused by the banking system network. Exercise patience for the funds to reflect in your bank account or reach out to your bank customer service.
Violating the sportsbook T's & C's: The operators of Melbet have put the terms and conditions in place for punters to adhere to. Nonetheless, if one of the rules is broken by a client, Melbet has the right to forfeit the client's winnings and also suspend the client's account. You can visit the official website of Melbet to see its terms and conditions regarding withdrawals.
Filling in the wrong details during registration: This is why it is very crucial to enter the right email address, phone number, and more during registration. If you entered the wrong details, it can affect your withdrawals, especially the verification part. For instance, when you enter the wrong email address, there is certainly no way your account will be verified.
Does withdrawal on Melbet take very long to process?
From the bookmaker’s side, it takes just a few minutes for your money to be withdrawn from your bank account. However, withdrawal is still dependent on the payment option a client uses.
Why is my withdrawal request at Melbet still pending?
This could be a result of not verifying your Melbet account within 14 days of registering with the bookmaker. Moreover, check your mail and search for the verification link sent to you. You can also check out the possible reasons for withdrawal issues on Melbet in the section above.
How do I withdraw my welcome bonus on Melbet?
You are expected to meet the wagering requirements as stated in this article before your Melbet account can be credited. Once this is done, you can go ahead and withdraw the winnings accumulated from your welcome bonus. Depending on your preferred payment option, you can visit the Withdrawal page and request a withdrawal.