Is Bet365 withdrawal time really as fast as they say it is? We have tested it out, and we have to say, it's pretty damn impressive. Want to find out how quickly you can get your money back after placing a bet? Keep reading to find out!
Highlights:
- Bet365 offers many withdrawal options
- Some of them are really fast
- There are a few that are unavailable at Bet365, though
- KYC must be done in order to cash out your winnings
Bet365 Payment Methods & Withdrawal Times
Bet365 offers quite many payment options, including debit cards, e-wallets, bank wire transfers, and more. Depending on the chosen payment method, the processing time can vary. In the section below, we'll talk about all the payment methods available at Bet365 and their corresponding processing times. So, let's get started.
| Withdrawal Method | Processing Time | Fee |
|---|---|---|
| Bet365 Mastercard (Best Choice) | Instant | Free |
| Visa Direct | 2 hours | Free |
| Paypal | 24 hours | Free |
| Apple Pay | 1-2 working days | Free |
| Debit Cards | 1-2 working days | Free |
| Bank Transfer | 2-5 working days | £9 (if >1 a month) |
Bet365 Mastercard: Instant Withdrawal Time
Bet365 has partnered with Mastercard to offer customers instant withdrawal times. This means that when you use your Bet365 Mastercard, you will be able to receive your winnings within seconds. Really!
Applying for a Bet365 Mastercard is easy and free; just go to the Bank section of your account and select ‘Apply for a Mastercard'. You'll need to fill out a short form, and then you'll be sent a card in the mail. Once it arrives, you can use it to make withdrawals from your Bet365 account instantly, pay bills, and make purchases online or in stores anywhere Mastercard is accepted. You can also withdraw money from ATMs.
Visa Direct: Less Than Two Hours
Visa Direct is the second fastest payment method available at Bet365, with withdrawals usually taking less than 2 hours. However, not everyone is able to use this payment method at Bet365. The company will advise you whether you can upon withdrawal.
Paypal: Less than 24 hours
PayPal is the third fastest withdrawal method at Bet365. Payouts usually take less than 24 hours, even on weekends. The minimum amount you can withdraw is £10, while the maximum is £5,500.
As with all Paypal transactions, you then need to transfer money from your Paypal account to your bank. This usually takes one banking day. Also, we need to mention that there are no fees for using Paypal to withdraw funds from Bet365 or any other Paypal casino.
Apple Pay: 1-2 Banking Days
Bet365 also accepts Apple Pay, which is another fast option. Deposits are instant, and withdrawals usually take 1 to 2 banking days to complete, which is much faster than traditional bank transfers or card payments.
The limit is a bit lower – you can withdraw a maximum of £2,000 per transaction. This method is available only if you have an Apple device, like an iPhone or iPad, and is not supported by Android devices.
Debit Card, Visa, Mastercard, Electron: 1-2 Banking Days
They are all debit cards, and transfers take 1-2 banking days. Keep in mind that you need to cash out your winnings on the same card you used to make a deposit.
Just like with any other payment method, there is a minimum limit of £5, and the maximum amount you can withdraw depends on your card provider, but it is usually £20,000.
Bank Wire: 2-5 Banking Days
Bank transfers are one of the most popular payment methods used at Bet365, and they usually take between 2 and 5 banking days. The minimum amount is £5, and the maximum you can withdraw is usually £100,000, which is perfect for high rollers.
No matter with which bank you have an account, you should be able to use this payment method. Whether it is HSBC, Barclays, or any other bank.
How to Withdraw at Bet365?
Once you've placed your bet and it's been settled, you can request a withdrawal from your Bet365 account. Navigate to the symbol at the top right of the page and click on it. You will see your balance and have the option to withdraw. Click on ‘Bank', then select ‘Withdraw', and you will be taken to the withdrawal page.
From here, it's really just a case of entering the amount you want to withdraw and selecting your payment method. Then, all you need to do is enter your payment details and the password you use to access your Bet365 account, click ‘Withdraw', and you're all set.
Bet365 Withdrawal Limits
There is no one-size-fits-all answer to this question, as the limits depend on your payment method and player status. Let's take a look at the table below to get a better idea of the limits for each payment method.
| Withdrawal Method | Min Withdrawal | Max Withdrawal |
|---|---|---|
| Bet365 Mastercard | £0.01 | £3,000 |
| Visa Direct | £5 | N/A |
| Paypal | £10 | £5,500 |
| Apple Pay | £5 | £2,000 |
| Debit Cards | £5 | £20,000 |
| Bank Transfer | £5 | £100,000 |
Our Bet365 Cash Out Experience
We have deposited 100 pounds via bank transfer and proceeded to play for a few days. Our winnings totaled 300 pounds, so we decided to withdraw the full amount with a bank transfer as well.
We were pleasantly surprised to see that the money was available in our bank account in 39 hours, which is really fast for this payment method. Compared to other casinos and sportsbooks, this is one of the fastest payout times for bank wire withdrawals we have ever seen.
KYC was a breeze as well. We were asked to provide proof of identity and address, but the process was smooth and fast. All in all, we are very pleased with our experience at Bet365 and have no complaints whatsoever.
Bet365 Withdrawal Fees
Bet365 offers a variety of withdrawal methods, almost all without any fees! Though not all payment options are available free of charge. For example, if you choose to withdraw with a bank wire transfer more than once a month, you will be charged a fee of £9.
Don't Forget To Verify Your Account Before Withdrawing
Before cashing out your winnings at Bet365, it is important to verify your account first. This will ensure that the payment process is smooth and fast. All you need to do is provide a valid ID, proof of address, and other documents that Bet365 might require.
As long as your account is verified, you should have no trouble making instant withdrawals with Bet365 Mastercard or Visa Direct. So make sure to get your account fully verified before cashing out!
Bet365 doesn't support all payment methods, so you may find some of them unavailable. For example, you can't make deposits or withdrawals with:
- Credit cards: Since April 2020, Bet365 has stopped accepting deposits from credit cards due to tighter regulations from the UK Gambling Commission.
- Skrill and Neteller: They are available at many UK betting sites and UK Skrill casinos, but not at Bet365.
- Google Pay: This payment method is only available for deposits and not withdrawals. If you want to use Google Pay, you need to transfer your funds to another banking method, like a bank transfer or e-wallet.
- Bitcoin and other cryptocurrencies: Bet365 doesn't support any crypto payments either. These deposit options are usually available at Curacao-licenced bookies.
- Paysafecard: Paysafe is a popular deposit method at many fast payout betting sites. Especially for people who want to gamble with cash. However, it is available only for deposits and not for Bet365 withdrawals.
Problems You Can Encounter With Cashouts At Bet365
Though Bet365 is one of the most reliable and reputable sites to play at, you might still encounter some problems. After all, nothing is perfect. The most common problem that players can encounter is related to KYC, or Know Your Customer, verification. If you fail to provide the required documents or if there is something wrong with them, your deposit and withdrawal may be delayed or even cancelled.
Another issue you can face is related to the withdrawal limits. As we have mentioned before, Bet365 does not have a one-size-fits-all approach to withdrawal limits, which means that they will vary depending on your withdrawal option. Check out our table above and learn more about limits at Bet365.
Some players might also have problems with withdrawals being processed longer than expected. If you haven't received your withdrawal within the timeframe, you should contact their customer service team. They will investigate and advise you whether or not your withdrawal can be processed.
Conclusion: Bet365 Is a Fast Payout Casino
Bet365 is one of the fastest payout casinos/bookies out there, all thanks to Bet365 Mastercard, which allows you to withdraw your winnings instantly. Moreover, there are many other fast payout options available at Bet365, with withdrawals usually taking less than 24 hours. Withdrawing money has never been easier!
We've tested the slowest payment option available at Bet365, and it still took only 39 hours. We highly recommend this legendary site if you want hassle-free withdrawals.
FAQs
Is Bet365 a Fast Payout Casino?
Payouts usually take less than 24 hours, and if you use a Bet365 Mastercard, you can withdraw your winnings instantly. So, yes, Bet365 withdrawals are really fast!
Is It Possible To Cancel a Bet365 Withdrawal?
Yes, and no. You can cancel a withdrawal request as long as it hasn't been processed yet. But once Bet365 has sent the money, there is nothing you can do. For example, when withdrawing with a Bet365 card, you can't cancel the request as payouts are instant. With Visa Direct, you need to be really fast.
Why Is My Bet365 Withdrawal Taking So Long?
It could be many things. Payout times depend not only on the payment option you are using but also if it falls over the weekend or any other holiday. Also, Bet365 might need to verify your identity and documents before processing the withdrawal if you haven't already done that. So, if your withdrawal is taking longer than expected, contact the customer support team for more info.
Which Withdrawal Method Is Best At Bet365?
The best withdrawal method is the one that suits your needs the most. For example, if you need your winnings instantly, you should obviously use a Bet365 Mastercard. If you want to cash out larger amounts, you might want to go with a bank transfer.
What Is The Smallest Withdrawal Amount At Bet365?
You can withdraw as little as £5 with most payment options except Paypal, where the minimum withdrawal is £10.
What Is The Biggest Withdrawal Amount At Bet365?
The biggest withdrawal amount is £100,000 and is available only by bank transfer. All other betting payment methods have lower limits. If you've won more than that, you need to cash out in several transactions.
Do Weekend Withdrawals Take Longer?
Yes, withdrawals over the weekend or a holiday might take longer. People working in the banking department might not be available on these days, and this could slow down the processing time.
Withdrawal Times Of Other British Gambling Sites
Last Updated on August 9, 2023 by Dan
- About the Author
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Hey, I'm Danny. With seven years as a poker player and 9 in the online casino industry – I’m here to share everything I know about fast-paying casinos. Leeds fan, movie enthusiast and NFT degen.
