How to make a withdrawal from NairaBet?
You can get your winnings from NairaBet without using a third-party app. We tested the withdrawal options and confirmed that it only takes these five steps to complete the payout process:
- Login or Register your NairaBet account
- Select “Account” at the top right corner of the screen
- Click on “Withdraw” and select a Bank on the next screen
- Input the withdrawal amount and click the big green “Withdraw” button
- Wait for withdrawal confirmation.
What are the Withdrawal methods at Nairabet?
NairaBet has a growing range of withdrawal options. However, it is interesting that NairaBet only uses bank options. Our experts confirm that there are at least 20 bank options at NairaBet. The table below contains a detailed review of NairaBet withdrawal options, withdrawal times, withdrawal limits and transaction fees.
Withdrawal Method | Minimum Payout | Maximum Payout | Transaction Fees | Processing Time |
Access Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
FCMB | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
First Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
Fidelity Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
Globus Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
GT Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
Kuda Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
Providus Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
Wema Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
Zenith Bank | ₦1000 | ₦10,000,000 | ₦50 | Less than 24 hours |
What are Nairabet withdrawal rules?
Our analysis of NairaBet shows that the betting site is committed to offering quality and convenient gaming services. We also saw this commitment in the rules guiding withdrawals from NairaBet. First, we noted that NairaBet encourages seamless deposit from all players with verified betting accounts. You can make your withdrawals as soon as you create a verified betting account and make your initial deposits.
NairaBet withdrawal rules are strict against fraud and illegal account users. The betting site reserves the right to suspend and block any account showing irregular gaming or payment activities. We were not surprised to see that NairaBet only allows deposits from players who are at least 18 years old. We also discovered that NairaBet requires you to register at least one bank as your default withdrawal option.
Fortunately, the rules at NairaBet do not require you to pay processing fees. In fact, you can get any payout within the withdrawal limit and not pay one kobo to NairaBet. However, this rule does not stop your bank from charging transaction fees or other related charges.
Potential issues with withdrawing at Nairabet
As a betting site with a license from the National Lottery Regulatory Commission, NairaBet has to comply with different local and international gaming laws. These regulations also impose restrictions on how players can withdraw their winnings. We have compiled how the rules may affect your next withdrawal below:
- Fraud: NairaBet has strict policies against fraudulent players. The terms and conditions allow the betting site to restrict accounts for illegal or even unusual actions to NairaBet’s rules.
- Unplayed Deposits and Bonuses: While NairaBet allows instant withdrawals from your betting account, this does not extend to unplayed deposits or bonuses. You cannot get payouts from your NairaBet account until you meet the wagering requirement for deposits and bonuses.
- Incomplete KYC details: Making withdrawals from your NairaBet account depends on having a verified profile. NairaBet will not allow you to make any withdrawal until you have updated your KYC details and added an active bank account.
FAQ
What is the minimum withdrawal on Nairabet?
The minimum amount you can withdraw from your NairaBet account is ₦1000.
Does Nairabet have cash out?
Yes. NairaBet allows you to cash out part of your stakes during live games.