Bet365 offers a comparatively big selection of payment methods; still, it mainly focuses on the most traditional ones. Among its pros, it is a good choice of various local payment gateways for every country allowed to join the sportsbook.
For instance, if you indicate that you reside in Germany, you will get some additional banking options available exclusively in your country.
Bet365 Withdrawal process
When you are ready to withdraw funds, go to your Bet365 account (hit the human icon in the right upper corner) and find the Withdrawal page under the Bank tab. The cashier will ask you to indicate the withdrawal amount and confirm your password.
Basically, Bet365 allows withdrawals using the same deposit payment method you opted for to top up your account; for instance, if you deposited via Skrill, you will have to request a Skrill payout. If you can’t use the same method for some reason, you need to reach customer support to request an alternative withdrawal way.
In some cases, when your deposit method doesn’t imply any withdrawal possibilities, Bet365 automatically switches your payout to the bank account. Of course, you will need to indicate its payment details beforehand.
If you choose an ApplePay deposit, the funds will be returned to the same bank account connected to your ApplePay. The PaySafeCard withdrawals are also possible to your PaySafeCard account, so in most cases, you won’t need to opt for bank wire withdrawals and indicate any additional details for a bank transfer.
The withdrawal may take from several hours to several business days, depending on the payment method, the overall number of payout requests currently pending on the site, or your bank’s processing time.
The bank wire withdrawal usually takes the longest time: up to a week sometimes.
Note that if you want to withdraw everything you have on your account — all your deposited funds and winnings, Bet365 bookmaker might charge you some extra fees. Thus, make sure you leave sufficient funds to pay these charges.
Deposit and Withdrawal Options
Bet365 has the following payment methods, available for most customers (check your cashier to see the options available particularly for you):
- Credit/Debit cards: UK citizens can only use debit cards; the local legislation doesn’t allow paying any gambling services via a credit card;
- Bank Wire Transfer.
The minimum deposit for most payment options is £10 or other currencies equivalent. As you may need to wait until your withdrawal appears in your bank statement, remember that it will come from the Earthport PLC. The same is true for your PayPal account and other banking systems you use as withdrawal methods.
Bet 365 account verification
Before you make your first withdrawal request, make sure your account is fully verified. You can do it right after the registration or wait until you are eligible to make your first payout. What is verification, and why does Bet365 need it? The procedure helps to verify your identity and make sure you are using a sportsbook or a casino legally: reside in the accepted country, not underaged, and use your personal information, not someone else.
To verify your account, Bet365 customer support agents can request you the following documents:
- Passport or personal ID copy;
- Utility bills for the address proof;
- Your deposit and withdrawal method confirmation: for instance, a screenshot from your e-wallet or a copy of your credit card.
Bet365 is a trusted site, so you can safely send them your information: it will never come to any third party.
Bet365 Withdrawal fees
Another Bet365 advantage is that it doesn’t charge any fees when you withdraw money. However, there might be fees applicable at the bank where you hold your debit card or where you want to order a wire transfer.
These fees might come as a particular percentage of your transaction or be some fixed price.
Bet365 Withdrawal Reviews
Bet365 has overall positive feedback on its withdrawals: most customers claim that it sends money pretty quickly compared to many other online sports betting and casino sites. There might be some delays: for instance, when there is a large-scale event like the FIFA World Cup, attracting ten times more bettors than usually, Bet365 can require more time to check and proceed with all the withdrawals.
Last updated on 01 Feb 2023 - 14:41