The payment section in online casinos is highly diverse, offering top options to players and enabling quick and easy deposits and withdrawals. If you ask most bettors today they will say that deposits in an online bookmaker are easy, but the main problem comes when trying to withdraw. Basically, they are implying that online betting platforms are quick to take your money but sluggish in returning it to you. This notion does not apply to 22Bet as bettors can withdraw their profits quickly using various options.
For a payment method to be classified as one of quality, it must satisfy three conditions; speed, security, and ease of use. There are numerous payments online so bettors need to choose the right one. Before selecting a payment method, they should ensure it is encrypted and has fast processing times. Some top methods for processing withdrawals on online sportsbooks include.
Credit/Debit Card
Bettors can withdraw their profits directly to their account linked to their debit or credit card. Before using this method, know your card issuer type, be it MasterCard or Visa. Card payments have fast processing times making them the perfect choice for withdrawals. It usually takes a couple of minutes to process and your account is credited.
Bank Transfers
Most bettors prefer bank transfers when it comes to processing withdrawals. Bank transfers are the ideal choice when trying to withdraw large amounts from your bet account in one go. They have high withdrawal limits compared to other withdrawal methods. However, when using this method, bettors would have to be patient as it is not a fast means of payment. Some withdrawals through this method may take hours to process, depending on your bank.
E-wallets
Withdraw your profits directly to your e-wallet using this method. Not all bookmakers allow e-wallet withdrawals, the ones who do only operate selected providers. E-wallets are mostly used for deposits rather than withdrawals.
Withdrawal Procedures in Online Bookmakers
Online betting platforms are not like land-based casinos where you simply just go to the cashier to exchange your chips for cash. The process of getting your profits at the end of the day is quite different. There are steps bettors must follow to ensure easy and secure withdrawals.
Identity Verification
Before attempting to make withdrawals, bettors must have uploaded all the necessary documents required by the bookmaker. Completing the bookmakers Know Your Customer process is crucial for withdrawals. A government-issued I.D. is required, and proof of address is to be submitted by bettors.
Navigate to the Payment Section
Log into your account, and head to the banking section to start the withdrawal process. Also, from your account profile, you can see the withdrawal icon.
Choose your Withdrawal Method
After clicking the withdrawal icon, a list of withdrawal methods is displayed allowing you to choose your preferred. Card withdrawals require players to input their card details. For bank transfers, bettors have to input information such as bank name, branch, and account number. Always ensure all details are correct before proceeding.
Enter Withdrawal Amount
Input the amount you want to withdraw ensuring it does not exceed the withdrawal cap set for that payment method. If it does, select another with a higher withdrawal limit or split your withdrawals.
Submit your Withdrawal Request
After confirming all information inputted is correct, you can then proceed to submit your request. The withdrawal request is then processed, and if successful, your account will be credited.