Betway Withdrawal Time - Our Test for 2024

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

Betway withdrawal time UK
Written by Ben Dixon
Verified by BettingGuide team
Last updated 02/10/2024

How Long Does Betway Take To Pay Out? Our Test Result

Although Betway customers can benefit from Visa Direct support, we did not receive our money for 10 hours despite making use of it. Whilst this is quicker than any other method, we have tested several bookies in our day and Visa Direct withdrawals can be much faster. Indeed, some just take a few minutes (as our test of bet365 showed).

Withdrawal Time for Each Payment Method at Betway

The withdrawal process at Betway is certainly smooth, and whilst there are quicker withdrawals elsewhere, it is not enough of a difference for us to overlook Betway. Customers can benefit from a low withdrawal minimum of only £5, and this is universal across all methods which can be a rarity.

Below, we have collected everything you need to know about withdrawing funds from Betway, 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
£5 Not specified £0 10 hours in our test
Mastercard
Mastercard
£5 Not specified £0 1-3 business days
PayPal
PayPal
£5 Not specified £0 Within 24 hours
Trustly Logo
Trustly
£5 Not specified £0 Within 24 hours
Bank Transfer
Bank Transfer
£5 £0 1-5 business days
Instant Bank Transfer
Instant Bank Transfer
£5 Not specified £0 Instant

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Betway
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How to Withdraw From Betway: Step By Step

If you are new to Betway and would like to find out how to withdraw funds, you can follow our step-by-step guide below:

  • 1

    Enter the Betway Withdrawal cashier

    Presuming you are logged in to your Betway account, simply head to the 'Banking' section which is located at the bottom of the screen. Alternatively, you can do this through the 'Profile' section.

    BetWay Home Screen (UK)
  • 2

    Select Your Preferred Withdrawal Method

    Once you have reached the withdrawal cashier, the next step is to select your payment method. If this is the first time you are withdrawing money, you will have to use the same method used to deposit funds - in our test, we used a debit card as always.

    BetWay Withdraw 1 (UK)
  • 3

    Enter the Withdrawal Amount

    Following this, the next step is to enter your withdrawal amount, and customers can benefit from a £5 withdrawal minimum, which is fantastic.

    BetWay Withdraw 2 (UK)
  • 4

    Tap On 'Withdraw'

    To complete the process, confirm you have read the Terms and Conditions, and then tap on 'Withdraw' and you will be brought to a confirmation page. In our test, it took around 10 hours for the funds to reach our account.

    BetWay Withdraw 3 (UK)

What is the Fastest Way to Withdraw From Betway?

There are some good methods for fast withdrawals on Betway, and in our test, it took around 10 hours for the money to be put into our account when using a Visa debit card. It must be said, though, that the quickest method is Instant Banking, with some even seeing it as a safer method than debit card withdrawals.

Additionally, PayPal is another good method as withdrawals should be in your account within a day, which is fantastic.

Betway Withdrawal Time FAQs

According to our test, it can take around 12 hours for funds to arrive even when withdrawing with a Visa debit card. The fastest method, however, is Instant Banking as these withdrawals arrive within just a few minutes.

Yes, Betway pays out at any time and this usually does not affect how long a withdrawal takes. Having said that, if the system is busy with many withdrawal requests at once, it might take a little bit longer than usual.

There can be several causes for this but usually, this is because you are yet to verify your account on Betway. Alternatively, it could be that Betway has requested proof of payment method and needs the documentation before proceeding with the withdrawal. Of course, you should also double-check that you are within the payment methods minimum/maximum withdrawal amount.

Ben Dixon
Ben Dixon
Last updated: 02/10/2024

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.