How To Withdraw From Betfair
Learn how to withdraw from Betfair - the most important aspect of esports betting!Learning how to make a withdrawal from any esports betting site is massively important. We've created a detailed guide to help new and experienced players with the process, so read more to learn exactly how to withdraw from Betfair.
Betfair: How to Withdraw Winnings
If your first esports bets at Betfair are successful, you’ll want to know how to withdraw your winnings! Having conducted an in-depth Betfair review, we can confirm that the withdrawal process is not dissimilar to other UK-based esports betting sites. Players will need to click ‘Withdraw’, select their payment method of choice, add the correct details and then make their withdrawal.
How to Withdraw at Betfair: Step by Step Guide
For those that need slightly more detail, we’ll run you through the exact withdrawal process below:
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Click on your funds
Click on the drop-down arrow in the top right hand corner of the screen, next to your account balance.
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Click ‘Withdraw’
From the window that pops up, click ‘Withdraw’.
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Select withdrawal method
Select your withdrawal method. Betfair distinguishes between ‘Popular’ and ‘Other methods’, although most players will need to use their deposit method in order to make a withdrawal.
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Choose amount
Choose how much you’d like to withdraw, and click the ‘Withdraw’ button.
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Add details
If you’ve already registered a withdrawal method, this step may not be necessary. For new methods, you’ll need to add your account details here.
Important Information to Know When Making a Withdrawal at Betfair
Before withdrawing, players should know that the site will usually ask them to use the same payment method that they deposited with. The minimum withdrawal is £0.01. For any immediate questions, Betfair has helpfully added some FAQs underneath the withdrawal section.
How long does it take to withdraw from Betfair?
The time it takes to make a withdrawal from Betfair will depend on the payment method used. For the most part, withdrawals will be processed between 2-5 working days, although Neteller, Skrill and PayPal withdrawals can be processed in as little as 4 hours!
Reasons why Betfair might not let you withdraw money
There are a number of reasons that might cause you to be unable to withdraw your money from Betfair. Betfair will never block a withdrawal maliciously, but they are legally required to ensure you meet the criteria for a withdrawal. Below are some of the reasons for which a withdrawal might not go through:
- Players have not verified their identity and completed the necessary KYC checks
- Players have broken the site’s T&Cs
- Unusual activity has been detected on a player’s account
Difficult to find, but easy to complete |
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Betfair makes the withdrawal page a little difficult to find, but once you’re there, the process itself is very straightforward. We especially liked the low minimum withdrawals available – there’s nothing worse than having funds stuck in an account because you haven’t met the minimum withdrawal requirements! |
Which Withdrawal Methods are Available at Betfair?
There is a good range of withdrawal methods available at Betfair. Below, we’ve created a table of those that are available, alongside any key information that players should know about them.
Payment Method | Min. Withdrawal | Max. Withdrawal | Withdrawal Process Time | Fee | Type | Other |
VISA | £0.01 | Information not available | 2-5 working days | Free | ||
MasterCard | £0.01 | Information not available | 2-5 working days | Free | ||
Apple Pay | £0.01 | Information not available | 2-3 working days | Free | ||
Neteller | £1 | Information not available | 1-4 hours | Free | ||
Skrill | £1 | Information not available | 1-4 hours | Free | ||
MuchBetter | £0.01 | Information not available | Up to 24 hours | Free | ||
RapidTransfer | £0.01 | Information not available | 2-3 working days | Free | ||
Bank Transfer | £10 | Information not available | 1-5 working days | Free | ||
PayPal | £1 | Information not available | 1-4 hours | Free |
Low Minimum Withdrawals Across a Range of Withdrawal Methods
Betfair boasts a good selection of payment methods that can be used to make withdrawals, as well as an impressively low minimum withdrawal of £0.01! Granted, we would have liked to know exactly what the maximum withdrawals would be for each payment method, but this information is not available on the Betfair site. Overall, however, we were really impressed with the Betfair withdrawal process.