Why can I not have instant access to my funds?

Withdrawals on this platform undergo mandatory security verification. Betfred does this to avert cases of money laundering. Although this process could run for 48 hours, your chosen withdrawal method also determines how long it takes to access funds.

How do weekends and bank holidays affect the withdrawal time?

Bank holidays and weekends don't count as banking days and will be added to the overall time.

What’s the largest amount you can withdraw from Betfred?

The Visa Debit Card allows you to withdraw up to £9,999.

Can I Use Different Options for Deposits and Withdrawals?

The closed-loop method adopted by Betfred requires players to withdraw the amount they deposit via the same payment provider. This anti-fraud policy is used at major online gambling platforms, and Betfred is no different. You must use the bank transfer option if your deposit method does not double as a withdrawal option.

Why do I need to verify my account?

You must submit evidence of residence and ID to withdraw your money.

Why is Betfred saying there is no cash to withdraw?

If the balance available for withdrawal is £0.00 but you still have credit in your gambling account, it is down to two scenarios. You either have a promotion that requires you to wager further to withdraw, or your balance consists of Bet Credits that are not withdrawable.

How can I view my withdrawal history?

You can check your withdrawal history via your 'My Account' tab while clicking the 'Balance History' icon.

I want to make a small withdrawal. Is that possible?

The payment provider dictates the minimum withdrawal you can make on Betfred you use for withdrawals, although the lowest is pegged at £5.

What happens if I make multiple withdrawals on the same day?

If these multiple withdrawals are made via the same payment provider, they will be attended to as a single transaction. If you withdraw using different methods, they will be verified differently.

Withdrawal Times at Betfred

The nature of online gambling suggests that nothing is guaranteed; still, there are features and functionalities you can expect when playing on specific online betting platforms. Betfred offers players bonuses and promotions, which often come with wagering requirements. Players who still have Bet Credits on their gambling accounts must wager them to turn them into withdrawable money. Withdrawals on Betfred are primarily free and instant, although please note the Betfred bonus code rules. Learning about each method and what to expect when adopting them is essential.

Betfred Withdrawal Methods

Visa and MasterCard Debit Card Withdrawals

Betfred has a substantial time limit for withdrawals via MasterCard, and players might find that this limit is a bit chunky compared to other gambling platforms. It would take 3-5 working days for your funds to hit your account, and there is a maximum withdrawal limit of £9,999 and a minimum limit of £5. It is speculated that this timeframe results from the checks and verifications Betfred uses to process withdrawals. Players will access their funds faster if the verification process can be fast-tracked.

Neteller

Receive your funds instantly via Neteller and enjoy a maximum withdrawal of £4000 and a minimum of £5. E-wallets are spectacular in how they process money transfers instantaneously. Unfortunately, Betfred has a 48-hour payment processing time, so it could require close to two days to receive your funds. E-wallets allow users to deposit and store their funds unlimitedly, making them incredibly trustworthy. They can even be directly linked to your preferred online casino without needing your bank, making them more flexible.

Visa Fast Funds

You can receive funds in your account immediately when you use Visa Fast Funds, as there’s a minimum withdrawal of £5 and a maximum of £9,999. You can process withdrawals with Visa Fast Funds if you deposited funds into your gambling account via a Visa Debit Card. While this payment provider offers a guarantee of instant withdrawals to its users, Betfred still delays the processing time due to the need for further checks. Payments via this method could take up to two days to be processed.

PayPal

Withdrawals via PayPal are instantaneous, as this renowned payment provider offers players secure and seamless payment processing. You should receive your funds instantly if you also used PayPal to deposit, although Betfred could have a check to carry out.

Skrill

Skrill offers you a maximum withdrawal of £6,500 and a minimum withdrawal of £5 if you use it as a preferred withdrawal method on Betfred. Receive your funds either instantly or within 48 hours via this method.

Bank Transfer

Enjoy no restrictions on maximum withdrawals and a minimum limit of £25 when you use the Bank Transfer option at Betfred. It is essential to state that bank transfers generally take 3-5 working days, which is the case at Betfred. This fund-holding period also enables the platform to run mandatory checks before releasing the money. While there’s no specific limit on the maximum withdrawals via this payment provider on Betfred, it’s safe to think there’s a £100,000 limit on each transaction, as imposed by the bank.

Cash

If you used a walk-in store to deposit funds, you could also process your withdrawals using this method. Proceed to a Betfred shop with a means of identification and enjoy access to a maximum withdrawal amount of £250. If you need an amount more significant than this, you'll need to give Betfred a 48-hour notification prior.

How to Withdraw Funds on Betfred

If you have funds in your betting account, you should see it at the top corner of your screen. Head to the 'My Account' section and select the 'Withdrawals' tab from the options. As it was when you made your initial deposit, the withdrawal options available to you should be displayed. You are required to withdraw your funds via the method you used for your initial deposit, while you can choose other withdrawal options as you transact later on.

Always Bet Responsibly on Betfred

You do not need to withdraw all the cash you have in your balance at all times. You must also abide by the deposit limits you set on your account to ensure you don't get over-excited from earning a win. Bet responsibly, as this helps you to avoid chasing losses or betting money you don't have.

Unaccepted Withdrawal Methods on Betfred

Some payment methods are not accepted for withdrawals on Betfred:

Google Pay: While this is a payment option, players cannot withdraw and deposit on Betfred via Google Pay.
Credit Cards: Due to official gambling laws and regulations, Betfred does not offer Credit Cards to their players as an option for withdrawing and depositing funds.
Apple Pay: Apple users cannot use Apple Pay as a payment option on Betfred.

Betfred FAQ

Why can I not have instant access to my funds?
Withdrawals on this platform undergo mandatory security verification. Betfred does this to avert cases of money laundering. Although this process could run for 48 hours, your chosen withdrawal method also determines how long it takes to access funds.
How do weekends and bank holidays affect the withdrawal time?
Bank holidays and weekends don't count as banking days and will be added to the overall time.
What’s the largest amount you can withdraw from Betfred?
The Visa Debit Card allows you to withdraw up to £9,999.
Can I Use Different Options for Deposits and Withdrawals?
The closed-loop method adopted by Betfred requires players to withdraw the amount they deposit via the same payment provider. This anti-fraud policy is used at major online gambling platforms, and Betfred is no different. You must use the bank transfer option if your deposit method does not double as a withdrawal option.
Why do I need to verify my account?
You must submit evidence of residence and ID to withdraw your money.
Why is Betfred saying there is no cash to withdraw?
If the balance available for withdrawal is £0.00 but you still have credit in your gambling account, it is down to two scenarios. You either have a promotion that requires you to wager further to withdraw, or your balance consists of Bet Credits that are not withdrawable.
How can I view my withdrawal history?
You can check your withdrawal history via your 'My Account' tab while clicking the 'Balance History' icon.
I want to make a small withdrawal. Is that possible?
The payment provider dictates the minimum withdrawal you can make on Betfred you use for withdrawals, although the lowest is pegged at £5.
What happens if I make multiple withdrawals on the same day?
If these multiple withdrawals are made via the same payment provider, they will be attended to as a single transaction. If you withdraw using different methods, they will be verified differently.