Although BetGoodwin is an unknown quantity for many punters, the site lends itself to offering fast withdrawals which is vital for any growing bookmaker. Using a Visa debit card as we always do in our tests, we received our money within 30 minutes, which is superb.
Mastercard withdrawals will take slightly longer, as the site does not offer a Visa Direct alternative as it were. However, fast withdrawals should still be expected across the board and we cannot complain.
BetGoodwin created its online UK site in 2021, which is rather recent, despite the bookmaker being founded back in 1997. Known among horse racing punters as Goodwin Racing, the operations were initially made up of several in-person betting branches, while the move into online betting was made to keep up with the times.
As is frustratingly common with newer betting sites, there is a lack of payment methods available for customers, which does sour the experience. Below, we have collected everything you need to know about withdrawing funds from BetGoodwin, from the payment methods available to the specific terms for each of these.
Payment Method | Min. Amount | Max. Amount | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa | £10 | Not specified | No fee | 30 minutes in our test |
Mastercard | £10 | Not specified | No fee | Up to 5 business days |
Operator | Welcome offer | Bonus code | See Offer | |
---|---|---|---|---|
| Welcome offer 50% Back Up To £25 Free Bet | No code required | See Offer | New customers, 18+. 50% of first day losses refunded as a free bet. To be credited within 24 hours. Max free bet per customer £25. Minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger to qualify. First day losses equals all settled stakes less all return before 23:59. Free bets must be used in their entirety and stakes are deducted from returns. This offer is limited to one free bet per person. Free bets non withdrawable and to be credited within 24 hours. |
| Welcome offer Join BetGoodwin! | No code required | See Offer |
If you are new to BetGoodwin and would like to find out how to withdraw funds, you can follow our step-by-step guide below:
Withdrawal requests can be completed on the operator's app or the website. We decided to go with the app, as we often try to when conducting our tests.
When on the home screen of BetGoodwin, tap the balance in the top right of the screen, and then from there tap the 'Withdraw' option when prompted.
As is common on betting apps, the last used payment method must be used once again to withdraw funds, and so this meant we automatically had to use a debit card. We chose to withdraw the minimum of £10.
Another upside of the process is that you can keep track of your withdrawal. Simply head to the 'Account History' area of the app, and from there, you can see the status of your withdrawals. In our test, we received the money after just 30 minutes, which is fantastic!
BetGoodwin's payment options are quite poor, even if it is a new bookmaker. However, it slightly redeems itself with the speed of the payment process. Submitting a request can be done within minutes, and you should receive your payment within 30 minutes, at least this is how long it took in our test.
Then again, the lack of prominent payment methods such as PayPal will be a huge con for some punters, especially those who don't have a Visa debit card. In the future, therefore, it would be good for BetGoodWin to add an e-wallet to the list of payment methods.
Accredited football journalist with a focus on Italian football, working for the likes of SempreMilan and Serie A Total. As an avid punter, I enjoy browsing sportsbooks for the best-value bets.