NetBet's withdrawal process is somewhat confusing, as shown by the time it took for us to receive our funds. Even though the money arrived in our bank account after 6 hours, this was a week after we initially submitted the withdrawal request. Indeed, we had to contact customer support at NetBet as verification was apparently missing - with no emails sent from NetBet to clarify this.
NetBet is a bookmaker with a strange position in the market, founded more than 20 years ago, it only arrived on the UK market in 2017, and there were controversies in the early stages. There have been some attempts made to repair the damage to the brand, but whether they will rise to the top of the game remains to be seen.
As for withdrawals, the minimum amount is set at £10 and this is not as good as some of the best UK betting sites out there. Below, we have collected everything you need to know about withdrawing funds from NetBet, 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 | Unknown | £0 | 1-4 business days |
Mastercard | £10 | Unknown | £0 | 1-4 business days |
PayPal | £10 | Unknown | £0 | Within 24 hours |
Trustly | £10 | Unknown | £0 | Within 24 hours |
Apple Pay | £10 | Unknown | £0 | 1-4 business days |
Google Pay | £10 | Unknown | £0 | 1-4 business days |
Operator | Welcome offer | Bonus code | See Offer | |
---|---|---|---|---|
| Welcome offer Bet £10 Get £20 in Free Bets | No code required | See Offer | 18+. Deposit and place a £10 Bet Builder (3+ selections) with minimum odds 3/1 (4.00). Free Bet amount is split into 2 x £10 Free Bet to be used on any bet builder. All valid for 7 days. Full T&Cs apply. |
| Welcome offer Deposit £10 and Get Up to 500 Free Spins | NBWELCOME500 | See Offer | 18+. New players, £10+ deposit, no e-wallets/prepaid cards, up to 500 Free Spins, 40x wagering requirements on Free Spins winnings. Free spins are credited in batches over 7 days. Full T&Cs apply. |
If you are new to NetBet and would like to find out how to withdraw funds, you can follow our step-by-step guide below:
Requesting a withdrawal is very easy to do, and to begin the process, tap the 'Profile' icon to enter the menu. Then, tap the 'Withdraw' option from the provided options.
Due to the issues we experienced when depositing funds on NetBet, we had to use Wire Transfer to complete our withdrawal. In any case, once a method has been chosen, the next step is to enter the details for it.
After entering your payment details, now you must enter the withdrawal amount. NetBet provides you with the amount in your wallet which some bookmakers do not do. Additionally, you must enter your NetBet password here as verification.
The final step is to tap the 'Withdraw' option shown at the bottom of the screen. Following this you will be shown a confirmation page, and a payment can be in your account within six hours. However, this is only after you have verified your account - something which we were not informed of prior to submitting the request.
We faced a few problems with the withdrawal process, unfortunately. Firstly, we could only withdraw the money via a Wire Transfer - which is questionable in itself with methods such as PayPal supposedly accepted. Then, once we submitted the withdrawal request, we were not informed that we had to submit identification documents.
A week later, we were informed of such via a Live Chat, and once submitting the documents, we received the funds within six hours. For future reference, a six-hour turnaround is fantastic. However, the lack of communication about the withdrawal has left us feeling quite sour, so if you do sign up for NetBet, be wary of this.
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.