Are you looking for information about Netbet withdrawal time? If so, you have come to the perfect place. In this article, we will provide all the details you need to know about withdrawing funds from your Netbet account. We'll cover topics such as processing time frames, fees and limits, verification requirements, and more. So, let's dive in and get started!
Highlights:
- We made a deposit and tested the withdrawal process
- The verification process is smooth
- No withdrawal fees
- Some withdrawal options are faster than others
Netbet Withdrawal Methods & Times
Compared to other UK sportsbooks/casinos, Netbet offers a decent range of withdrawal methods. There are a few e-wallet options, like EcoPayz or PayPal, as well as the traditional bank transfer and debit card withdrawals.
But that's not all – you can also withdraw your funds through newer payment options like Trustly. Each method has a different processing time, so check out the list below to see which one works best for you.
| Withdrawal Method | Processing Time | Fee |
|---|---|---|
| Paypal (the best choice) | 2-3 working days | Free |
| Ecopayz | 2-3 working days | Free |
| Muchbetter | 2-3 working days | Free |
| Trustly | 3-4 working days | Free |
| Visa | 3-5 working days | Free |
| Mastercard | 3-5 working days | Free |
| Bank Wire Transfer | 3-5 working days | Free |
E-wallets: 2-3 working days
Using an e-wallet is probably the fastest way to get your funds out at Netbet. Most withdrawals take just 2-3 working days, which is a bit faster than with a debit card. You can withdraw funds from Netbet account to your Paypal or ecoPayz account with no fees.
Limits vary, but usually the maximum amount is anywhere between £280 and £10,000 (more on that later). Keep in mind that you need to withdraw with the same method you used for depositing.
Trustly: 3-4 working days
Trustly casino is a relatively new payment option in the UK but is gaining traction quickly. It is designed to reduce the processing time of bank transfers and works in a similar way. For example, transactions are instant in Sweden or Finland, while in the UK they can take 3–4 working days. But it's still faster than a traditional bank transfer. There are no fees involved as well.
Debit cards: 3-5 working days
Of course, you can withdraw your winnings to the same debit card you used for depositing. Netbet will transfer your funds within 3-5 working days, and there are no fees at all. The limit is quite high – up to £20,000. Only Visa and Mastercard are accepted for withdrawals.
Bank wire transfer: 4-5 working days
Bank transfers are the most traditional way to get your winnings. Netbet usually processes the requests within 4-5 working days, but it can take longer for some banks. Withdrawing with a wire transfer is fee-free, and the limit is £40,000.
There's no need to deposit with the same method, either; you can use a different debit card or e-wallet for that. You must provide the details of the bank account you want to transfer your funds to.
How do I withdraw at Netbet?
Below you will find our small step-by-step guide on how to withdraw your money from Netbet.
Total Time: 3 minutes
My account page
Once logged in, navigate to the “My Account” page.
Cashier
Select the “Cashier” tab, then click “Withdraw”.
Select your method
Choose the payment option and enter the amount you wish to withdraw (minimum £10).
Confirm
Confirm your NetBet password.
Follow instructions
Follow the on-screen instructions to complete the process.
Once you are done, the withdrawal request will be processed. The time frame depends on the payment option you chose; see above for details.
Netbet Casino Withdrawal Limits
Netbet imposes monthly limits of £100,000 on withdrawals. However, individual payment options have their own limits, which can vary. For example, withdrawing to a debit card has a maximum limit of £20,000 per month. On the other hand, using an e-wallet like PayPal or ecoPayz is usually limited to £10,000 per withdrawal. Let's take a look at the table below:
| Withdrawal Method | Min Withdrawal | Max Withdrawal |
|---|---|---|
| Paypal | £10 | £5,500 |
| Ecopayz | £10 | £280 |
| Muchbetter | £10 | £10,000 |
| Trustly | £10 | £10,000 |
| Visa | £10 | £20,000 |
| Mastercard | £10 | £20,000 |
| Bank Wire Transfer | £100 | £40,000 |
Our Netbet Cash Out Experience
We made a deposit of £150 at Netbet with a Visa debit card and then tested the cashout options. We were able to withdraw our funds with no difficulties, and the process was quite straightforward. It took 5 working days to receive the money, as we used a bank wire transfer.
Are we happy with the Netbet withdrawal process? Not really. Although we got our money, the whole process was a bit slow. We think that the cashout time should be improved, perhaps by adding more payment options with faster processing times.
Netbet Withdrawal Fees
Netbet does not charge any fees for withdrawing funds. That's right, you can withdraw your winnings free of charge. That being said, your bank may charge you a fee for the transaction, so be sure to check with them. The same applies to e-wallets – some payment providers may charge a fee, so make sure to read their terms and conditions. You can also read more about how much some e-wallets charge in our guides about Paypal casinos or Muchbetter casinos.
Don't Forget About KYC
Before you can withdraw at Netbet, you must verify your identity. The Know Your Customer (KYC) process is a standard procedure in the online gambling industry and is implemented to prevent money laundering and fraud.
Netbet requires proof of identity, address, and payment details (depending on the option you are using). You will be asked to send a copy of your passport or driver's licence. The entire process may take up to 24 hours, and it's a one-time thing.
Once you have passed KYC, all future withdrawals will be easier. We recommend sending your documents to the Netbet site straight after registration to avoid any delays.
At the time of writing, Netbet does not offer any cryptocurrency payment options, such as Bitcoin. The same applies to Boku, Siru Mobile, or Google Pay or Apple Pay. It is possible that they will add more options in the future, but for now, they are not available. So, you have to stick to the payment methods we've mentioned above. Anyway, here is the list of unavailable withdrawal options at Netbet casino:
- Boku
- Siru Mobile
- Google Pay
- Apple Pay
- Bitcoin
- Credit cards (they are banned everywhere in the UK)
Conclusion: Netbet Is Not A Fast Payout Casino
Netbet is a great online casino/sportsbook with a wide range of games, generous Netbet bonus and an excellent live casino. However, it is not the fastest paying casino in the UK. Simply there are no fast payment methods at all. The withdrawal process is quite slow, taking up to 5 working days with some Netbet withdrawal options. Furthermore, popular payment methods such as Apple Pay and Boku are not available.
So, if you're looking for a fast payout casino, Netbet may not be the best choice. We suggest that you check out our list of the fastest paying casinos. We've tested them all and made sure that their cashouts are fast, secure, and free of charge.
We think you might find these articles interesting: what is a pending casino withdrawal? or this one about fast payout betting sites. Check them out!
FAQs
Is Netbet a Safe Gambling Site?
Yes, there is no need to worry. NetBet is a fully licenced and regulated online casino and sports betting site. It is owned by NetBet Enterprises Limited, a company that is licenced by the UK Gambling Commission, Malta Gaming Authority, and other regulatory bodies.
Is Netbet Withdrawal Time Fast?
Not really. The average Netbet withdrawal time is 5 working days, which is quite slow compared to other online casinos. Some payment options, like bank wire transfers, may take even longer.
Is Paypal Accepted at Netbet?
Yes, PayPal is available at Netbet. Withdrawing money to your PayPal account usually takes up to 5 working days and is limited to £10,000 per withdrawal.
What Is The Minimum Deposit Amount At Netbet?
The minimum deposit at Netbet is just £10, except at Muchbetter and CashToCode, which have a minimum of £20.
What Is The Minimum Withdrawal?
The minimum withdrawal amount is £10 for all payment options.
Can I Cancel a Cashout?
As long as your withdrawal has not been processed yet, you can cancel it in the cashier section and get your funds back into your account. Once the payment has been processed, however, you won't be able to cancel it. So make sure to double-check your withdrawal before sending it.
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.
