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How to Withdraw from Betway?

DISCLAIMER: Betway does no longer accept new Indian players starting from October 2023. We recommend signing up with 22Bet instead.

Betway withdrew from the Indian market in October 2023 and it is no longer possible to make deposits or place bets at the bookmaker.

If you still have money in your account, you will be able to withdraw it by contacting the customer support team. You can reach them at [email protected].

The website states “If you have an account you would like to discuss, please contact us at [email protected] and provide your username.” Make sure to get in touch with them to receive your balance back on your bank account.

How to Withdraw Money to UPI and Others on Betway?

Betway withdrawals in India are a seamless process, but before you proceed, you'll need to complete an essential account verification procedure.

Before initiating a Betway payout request, it's mandatory to go through a straightforward KYC process. This requirement serves the purpose of tackling money laundering and enhancing your security, ultimately guaranteeing the utmost safety for your funds.

To begin, log in to your Betway account and navigate to the Account Verification section. Under this, you have to complete all the formalities. You can find a detailed explanation of completing the KYC in our Betway registration guide.

Once you’re done, you can follow these steps to complete a Betway withdrawal:

  1. Log in to your Betway account and head to the banking section. Then select Withdraw.
  2. Choose your preferred payment method from the options. Payment options available are, UPI, Skrill, NetBanking, etc.
  3. Choose the amount you wish to withdraw. Betway minimum withdrawal is INR 1,000.
  4. Follow the instructions for the selected payment method. The information will vary depending on the banking method you choose.
  5. Confirm the request and your withdrawal should be approved within a certain time frame.

What is the Betway Minimum Withdrawal?

The smallest amount you can withdraw from Betway is INR 1,000, regardless of the payment method you choose.

Here is an extensive list of withdrawal methods you can use at Betway. For each payment method the minimum withdrawal of INR 1,000 should be met.

  • UPI
  • Paytm
  • Google Pay
  • PhonePe
  • BHIM
  • AmazonPay
  • JioPay
  • Airtel Wallet
  • Ola Money
  • Skrill
  • Neteller
  • Cryptocurrency
  • Netbanking
  • Bank transfer

The above list shows you all the available withdrawal methods on Betway. If you are looking for the deposit methods, you should check out our page on Betway deposits.

withdraw from betway

How Long is the Betway Withdrawal Time?

The time it takes to receive your money from Betway varies based on your withdrawal method. If you use E-wallets like Skrill, you might see the money in your account within 2 to 24 hours after making the request.

Opting for a Bank Transfer could mean waiting about 7 working days before the funds appear in your account.

Using UPI is quicker, usually taking around 2 to 24 hours to receive your money.

Withdrawal method Withdrawal time
UPI 2-24 hours
Paytm 2-24 hours
Google Pay 2-24 hours
BHIM 2-24 hours
Amazon Pay 2-24 hours
PhonePe 2-24 hours
NetBanking Up to seven days
JioPay 2-24 hours
Airtel Wallet 2-24 hours
Ola Money 2-24 hours
Skrill 2-24 hours
Neteller 2-24 hours
Crypto 2-24 hours
Bank transfer Up to seven days

What is the Maximum Payout?

As outlined in the Betway terms and conditions, there are no daily limits imposed on withdrawals. This applies across all withdrawal methods, including UPI and bank transfers.

Nevertheless, it's important to note that UPI transactions are governed by NPCI guidelines. For person-to-person (P2P) transfers and the majority of merchant payments, the highest amount permitted for a single UPI transaction is INR 1,00,000. Yet, specific person-to-merchant (P2M) transactions have an extended limit of INR 2,00,000.

In short, Betway does not impose a daily limit on withdrawals, but the payment method you choose may have its own limits. If you are looking to withdraw a large sum of money, you can reach out to the customer support for assistance. You can find all the contact details in our Betway customer support guide.

How to Reverse a Withdrawal on Betway?

Accidentally made a withdrawal request you didn't mean to? No problem, Betway has got a solution for it. At Betway, you have the option to reverse a withdrawal request, but there's a time limit for doing so.

You can cancel the whole withdrawal amount or just part of it, but only while it's still in the process. Once the processing starts, you won't be able to reverse the funds.

Here's a simple guide on how to reverse a withdrawal from Betway:

  1. Start by logging into your Betway account. Then, go to the banking section and click on ‘Deposit'. Your pending withdrawal will be visible on this page.
  2. Look for Tap here to reverse right below your pending withdrawal. Click on it, and your withdrawal request will be canceled. The funds will be returned to your betting account.
  3. Keep in mind that you can only cancel a request if it's still pending. Betway's withdrawal processing times vary depending on the payment method.

Why Can't I Withdraw Money from Betway?

Encountering difficulties while trying to withdraw your funds from Betway? Reach out to their customer support team, and they'll provide insight into the issue. Chances are, the problem might be related to either the verification checks for your KYC information or the specific wagering conditions tied to a bonus offer.

Also remember, the minimum amount needed to withdraw your funds is INR 1,000. The online bookmaker will not allow you to make any withdrawals of under INR 1,000.

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