How to Make a Withdrawal from BetWinner?
The bookie has a user-friendly process and methods to withdraw money from your account. The step-by-step guide is presented below:
- Sign in to your existing BetWinner account
- Click the account icon on the homepage and select ‘Withdrawals’
- Choose your withdrawal method of choice
- You can withdraw your earnings using the direct bank transfer, E-wallet as well as Internet banking.
- If you go for the bank transfer payout, select your bank from the dropdown menu, enter account number, amount, and name and click the ‘Confirm’ icon.
- Your funds will be credited to your bank account or e-wallet based on the payout time.
What are the Withdrawal Methods at BetWinner?
BetWinner operates three major methods for cash-out processes. There is a direct bank transfer, Internet banking, and e-wallet option which credits your e-wallet directly.
The bank transfer has an extensive list of traditional banks in Nigeria including Microfinance banks, and payment switching and processing companies. The table below provides information on the minimum withdrawal, maximum payout, transaction fee as well as the processing time.
| Withdrawal Method | Minimum Payout | Maximum Payout | Transaction Fees | Processing Time |
| OPay(Wallet and bank transfer) | ₦1,000 | ₦10,000,000 | None | Instant |
| Monnify | ₦1,000 | ₦10,000,000 | ₦50 | Up to 24 hours |
| thepeer | ₦1,000 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Paga | ₦1,000 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Budpay | ₦500 | ₦5,000,000 | ₦50 | Up to 24 hours |
| Kora | ₦1,000 | ₦10,000,000 | ₦50 | Up to 24 hours |
| United Bank for Africa (UBA) | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| First Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Guaranty Trust Bank (GTB) | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Zenith Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| FCMB | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Fidelity Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Access Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Wema Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Polaris Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Citibank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Providus Bank | ₦1,000 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Palmpay | Not available | Not available | Not available | Not available |
What are BetWinner withdrawal rules?
Punters are advised to read and understand the bookies’s rules and regulations and adhere strictly to them. Failure to abide by these rules might result in the bookmaker withholding your payment. Punters are expected to verify their accounts with the required documents before making withdrawals.
The platform states that the withdrawal amount must be consistent with the amount of bets placed and must have odds of at least 1.1. Failure to meet up with this condition will result in your withdrawal request being declined.
Potential Issues With Withdrawing at BetWinner
BetWinner is regulated by the National Lottery Regulatory Commission. The bookie therefore ensures that all stipulated rules for betting platforms are followed duly. The players are advised to follow all rules and recommendations by the platform to avoid any payout issues. Some of the issues punters are likely to encounter includes:
- Declined withdrawal request. This may arise in instances where deposits are made via e-payment systems and you request a cash withdrawal.
- Non-verification of betting accounts. If your account is not verified or is not properly verified with the required documents, you are likely to encounter issues
- Misuse of betting accounts. If your account is flagged for any irregular practices, withdrawal will be declined until your account is verified again.
- Non-reimbursement of service charges. As is the common practice on BetWinner, reimbursement of service charges may be denied from some customers under certain circumstances.
FAQ
How long does the BetWinner withdrawal take?
Withdrawal requests are processed daily but may take up to 7 working days to fund your bank account. This depends on the withdrawal method.
What is the minimum withdrawal on BetWinner?
The minimum withdrawal for bank transfers on BetWinner is ₦550, while for e-wallets and internet banking is ₦1,000.
What is the withdrawal limit on BetWinner?
The withdrawal limit on BetWinner ₦550- ₦10,000,000
Is there a withdrawal fee at BetWinner?
Yes. Most Withdrawal options on BetWinner comes with a withdrawal fee of ₦50
