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Sportingbet Withdrawal Rules in South Africa

The South African bookmaker Sportingbet is known for its live streaming of selected matches, daily price boosts, and user-friendly features like 'Build a Bet'. We have already prepared a comprehensive review of Sportingbet and a guide on how to play. In this piece, we will detail the process for a Sportingbet withdrawal in South Africa.

Sportingbet Withdrawal Method: How to Cash Out on Sportingbet

Sportingbet offers its customers two main withdrawal methods — EFT (Electronic Funds Transfer) and e-wallet.

Transferencia bancaria

EFT Withdrawal on Sportingbet

For an EFT withdrawal, follow these steps:

  • Log in to your Sportingbet SA account.
  • Navigate to the "Menu" icon.
  • Click on “Cashier”.
  • Choose "Withdrawals".
  • Select "EFT/Fast Bank Transfer".
  • Enter the amount and your banking details.
  • Click on "Withdraw".
ewallet logo

E-wallet Withdrawal on Sportingbet

For E-wallet withdrawals, please adhere to these steps:

  • Log into your Sportingbet account.
  • Click on the “Menu” icon in the top right-hand corner.
  • Select “Cashier”.
  • Choose “Withdraw”.
  • Click on the "FNB e-wallet" option.
  • Fill in the amount that you would like to withdraw.
  • Enter your registered mobile number to which you'd like to withdraw.

A confirmation SMS will be sent to you. You can withdraw funds from any FNB ATM.

Minimum Withdrawal on Sportingbet in SA

Different withdrawal methods have varying minimum requirements:

  • EFT: R50
  • E-wallet: R100

Sportingbet Maximum Cash Out

The Sportingbet maximum payout depends on the withdrawal method:

  • EFT: R1 000 000
  • E-wallet: R3000

Sportingbet Maximum Withdrawal Per Day

Maximum withdrawals per day on Sportingbet also vary based on the method:

  • EFT: R1 000 000
  • E-wallet: R3000

Sportingbet: Withdrawal Time: How Long Does Sportingbet Withdrawal Take

Sportingbet typically reviews withdrawal requests within two business days. After this period, the funds are transferred to your payment method. Payments are processed Monday-Friday via EFT and Monday-Saturday via E-wallet. The specific timings for these transactions are:

  • E-wallet: 12 hours Pending Period, 24 hours Processing Time
  • EFT: 4 hours Pending Period, 2-4 business days Processing Time

Sportingbet Bonus Withdrawal

If you have claimed a bonus on Sportingbet and would like to withdraw the associated winnings, there are specific requirements that need to be fulfilled. Let's examine the withdrawal conditions for the risk-free first bet bonus:

  • To qualify, you need to place a minimum Sportsbook bet of R50 as your first-ever bet using the provided token.
  • If your qualifying bet is settled as a loser, your stake will be refunded as a Free bet.
  • The Free bet will be issued to your account when the eligible bet is settled, and it will be equal to the stake amount of the losing selections, up to a maximum of R2000.

Please note the following terms and conditions has to be met in order to withdraw the bonus:

  • The Free bet must be used as a single bet on Sportingbet.co.za within 14 days of being issued.
  • If the Free bet is not used within the time limit, it will expire and be removed from your account.
  • It is only possible to place a single bet with the Free bet.
  • The Free bet cannot be cashed out and its value will not be included in any winnings.

How to Cancel Withdrawal on Sportingbet

If you need to cancel or modify a withdrawal request on Sportingbet, you can do so while the request is still pending. Simply access your account on your phone or computer, navigate to the 'Withdrawals' section, and follow the provided options to cancel or modify the withdrawal. Please note that this option is only available for new withdrawal requests. Withdrawal requests cannot be changed or canceled once they have been processed or approved.

Sportingbet Withdrawal Problem

During the withdrawal process at Sportingbet, you may encounter certain issues or challenges. Here are some common problems you may face and advice on how to solve them:

  • Delayed Withdrawals: If your withdrawal takes longer than expected to be processed and credited to your chosen withdrawal method, firstly, ensure that you have provided accurate and up-to-date information during the withdrawal request. Double-check your account details, payment method, and any necessary verification documents. If the delay persists, it's recommended to contact Sportingbet customer support for assistance.
  • Account Verification Issues: Your withdrawal request might be declined due to account verification requirements. Sportingbet, like many reputable bookmakers, has strict security and verification procedures in place to ensure the safety of your funds. If your withdrawal is delayed or declined due to verification, make sure you have completed the necessary verification steps. This may include providing identification documents, proof of address, and source of funds.
  • Insufficient Funds: Your withdrawal request might be rejected or not processed due to insufficient funds in your Sportingbet account. Before initiating a withdrawal, ensure that you have the minimum withdrawal funds available in your Sportingbet account to cover the requested amount. If you have placed any unsettled bets or have active bonuses, these may affect the available balance for withdrawal. Review your account balance and consider canceling any pending bets or fulfilling any bonus requirements to free up funds for withdrawal.
  • Technical Glitches or Errors: If you encounter technical glitches or errors while attempting to process your withdrawal, it is recommended to refresh the page, clear your browser cache, and try again. If the issue persists, switch to a different device or browser. Additionally, ensure that you have a stable internet connection.

In the event of any withdrawal issues, Sportingbet offers various methods to get in touch with their support team. You can reach out to them through the live chat feature on the Sportingbet website or via email at [email protected]. To enter the live chat with the bookmaker, kindly navigate to the FAQ section, open any article, and click on the "Yes" button in the window that asks, "Do you need any more help?".

Live chat button at Sportingbet

Live chat button at Sportingbet

FAQs about Sportingbet Withdrawal

What withdrawal methods can I use at Sportingbet?

Sportingbet offers two methods: e-wallets and EFT transfer.

I'm having Sportingbet withdrawal problems. What can I do?

If you're experiencing issues with your Sporting bet withdrawal, you can check the Sportingbet Withdrawal Problem section above or contact Sportingbet's support team directly through Live Chat or email at [email protected] for assistance.

Can I change or cancel withdrawals at Sportingbet?

Yes, you can change or cancel withdrawals at Sportingbet, but only if the withdrawal request has not yet been processed by the bookmaker. Once your withdrawal request is being processed or has been approved, it cannot be changed or canceled.

VALENTIN AXANI

webSite Manager