BetGoodwin Withdrawal Time - Our Test for 2025
Find the withdrawal time, as well as key terms, for each payment method at BetGoodwin as we put the withdrawal process to the test.
How Long Does BetGoodwin Take To Pay Out? Our Test Result
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.
Withdrawal Time for Each Payment Method at BetGoodwin
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 Withdrawal | Max Withdrawal | Withdrawal Exchange Fee | Withdrawal Time |
|---|---|---|---|---|
 Visa | £10 | Not specified | No fee | 30 minutes in our test |
 Mastercard | £10 | Not specified | No fee | Up to 5 business days |
BetGoodwin Welcome Offers
| Operator | Welcome offer | Bonus code | See Offer | |
|---|---|---|---|---|
 | Welcome offer Bet £10 Get a £10 Free Bet | WELCOME10 | See Offer | New customers only. Promo code WELCOME10. Place a qualifying bet of at least £10, at minimum odds of 6/4, within 7 days of registering. Bets placed on horse & greyhound racing do not qualify. Upon settlement, you will be credited a £10 accumulator free bet: minimum of 4 legs at minimum odds of 2/5 (1.4) per leg. 7-day expiry. Full T&Cs apply. |
| | Welcome offer Join BetGoodwin! | No code required | See Offer |
How to Withdraw From BetGoodwin: Step By Step
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:
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Head Over to BetGoodwin
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.
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Enter the Withdrawal Cashier
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.
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Enter the Withdrawal Amount
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.
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Wait for Your Withdrawal
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!
What is the Fastest Way to Withdraw From BetGoodwin?
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.
BetGoodwin Withdrawal Time FAQs
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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.