BetGoodwin Withdrawal Time - Our Test for 2024

Find the withdrawal time, as well as key terms, for each payment method at BetGoodwin as we put the withdrawal process to the test.

betgoodwin withdrawal time
Written by Ben Dixon
Verified by BettingGuide team
Last updated 16/12/2024

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. Amount Max. Amount Transaction Fee Processing Time
Visa logo
Visa
£10 Not specified No fee 30 minutes in our test
Mastercard
Mastercard
£10 Not specified No fee Up to 5 business days

BetGoodwin Welcome Offers

OperatorWelcome offerBonus codeSee Offer
BetGoodwin
BetGoodwin Betting 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.
BetGoodwin
BetGoodwin offer
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:

  • 1

    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.

  • 2

    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.

    BetGoodwin Withdraw 1 (UK)
  • 3

    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.

    BetGoodwin Withdraw 2 (UK)
  • 4

    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!

    BetGoodwin Withdraw 3 (UK)

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

The payment options at BetGoodwin are rather limited as only debit cards are accepted by the bookmaker, which is a downside.

Given there is only one method offered by BetGoodwin, it is automatically the fastest withdrawal option: debit cards, specifically Visa ones. In our test, we received our money within 30 minutes, which is really great.

BetGoodwin will only allow you to withdraw funds if you have more than the £10 minimum in your digital wallet. If there are further issues, there could be an issue with the app, so restart it. Once again, if this fails, contact customer support.

Due to regulations from the Gambling Commission in the UK, it is not possible to reverse withdrawals on any betting site, including BetGoodwin.

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Ben Dixon
Ben Dixon
Last updated: 16/12/2024

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.