Betway Deposit and Withdrawal Methods

Betway is one of the most popular sportsbooks, which provides its services to customers from Bangladesh. Many reasons explain its success. Among the main ones are legality, reliability, availability of an app and convenient payment methods. 

The legality of Betway is confirmed by the existence of a license Malta Gaming Authority number MGA/B2C/130/2006. The presence of such a document can also be attributed to the reliability of the bookmaker. In addition, it is supported by excellent reviews on the Internet. 

Betway application is a great opportunity for the modern man. It is developed for Android and iOS – you can download it from the official website (Android) or the App Store (iOS).

Payment methods are an extremely important element for users. Often, all the attention of customers in the selection of services is focused on the available methods of Betway deposit and withdrawal. Let’s take a closer look at Betway’s 2022 payment options for Bangladeshi users.

Betway Deposit Methods

Betway deposit methods avaliable foe Indian players

The Betway website offers customers the opportunity to create an account in U.S. dollars, Euros and the Great Britain Pound. Users from Bangladesh, unfortunately, do not have the opportunity to create an account in the national currency – Bangladeshi Taka.

There are 6 payment methods for customers of this country available on the company’s website. Among them, you can find bank cards, e-wallets and payment systems. 

How to Deposit at Betway

How to make deposit at Betway

You can make a deposit on the Betway website only after creating an account. This process is very easy for experienced users, but newcomers usually have questions during the registration procedure.

After the creation of a new account, the client can make a deposit

This is necessary in order to start betting. Let us understand in detail how to start using the services of the world-famous Betway organisation. Please follow the step-by-step instructions below.

Step 1: Visit the official website of the bookmaker betway.com

find it in your browser using your device (computer, laptop, smartphone, tablet – you can use any of the devices);

Step 2: Start the registration process

find the green “Register” button and open the account creation panel by clicking on it;

Step 3: Fill in necessary details

complete several forms with account information, personal details, contact data, and spending limits. Also, choose the language, currency and bonus you want to get;

Step 4: Complete the registration process

confirm that you are familiar with the rules of the bookmaker, and click the button to create your account;

Step 5: The deposit methods panel will open in front of you

choose one of the available options with your device;

Available Deposit Methods at Betway

Betway deposit methods avaliable for all Indian players

There are currently 6 deposit options available on Betway’s website. For users from Bangladesh, they are all completely useful. The organisation is always updating its payment options. You can contact the company’s technical support through the website if you experience any Betway deposit problems.

Deposit optionsType of paymentCommission feeProcess Time
SkrillE-WalletAbsolutely freeInstant
Visa, MastercardBank cardsAbsolutely freeInstant
NetellerPayment systemAbsolutely freeInstant
MuchBetterE-WalletAbsolutely freeInstant
Skrill 1-TapE-WalletAbsolutely freeInstant
ecoPayzPayment systemAbsolutely freeInstant

None of the payment methods on the Betway site does not require any fees from the users. Also, all options are instant – funds are credited to the account almost immediately after the deposit transaction. 

Deposit Bonuses

A client of Betway has the ability to choose a welcome bonus to use

A client of Betway has the ability to choose a welcome bonus to use. In total, the organization offers the client 5 types of such bonuses:

  • Sports;
  • Casino;
  • Live Casino;
  • Vegas;
  • Esports.

The user of Betway also has the opportunity to opt-out of receiving the bonus. To do this, it is necessary to tick the appropriate box when registering an account.

Customers are most interested in the sports betting bonus. Betway BD offers its users up to $30 in the form of free bets. You can receive funds in the amount of 100% of the qualifying bet(s), which can be made from the deposit funds. 

It is important to know that the bonus can be received within 7 days of registering an account, and the minimum deposit amount to activate the bonus is $10. 

The qualifying bet (bets) can be made in the form of single, each-way and system bets. Conditions must be met for each of the types. Single bet must be placed at odds of at least 1.75, each-way – the place part of the bet must be placed at odds of 1.40 or higher, system – each of the single bets (system consists of several single bets) must be placed at odds of at least 1.40.

The client will be credited 100% of the qualifying bets on his balance immediately after placement.

Minimum and Maximum Deposit Amounts

Betway minimum and maximum deposit amounts

Making a deposit at bet365 is very easy. However, not every method can provide you with the transfer amount you need.

You can make a payment with Skrill starting from 5 dollars. The maximum Betway deposit Bangladesh with this method is $10,800.

When it comes to Visa and Mastercard, the amounts are the same. Deposits can range from $5 to $10,700.

If you want to make a deposit through the payment system Neteller, the maximum amount available for deposit with Betway is 20,000 dollars. The minimum amount, like everywhere else is $5.

The deposit transaction using MuchBetter allows the customer to make a payment of up to $10,700. The minimum required for the transaction is 5 dollars. 

Clients can also perform deposit Betway transactions from $5 to $10,700 when using the Skrill 1-Tap eWallet.

When it comes to ecoPayz, the minimum deposit amount is still $5. The maximum possible deposit with this method can be made up to USD 10,700.

Betway Withdrawal Methods

Betway withdrawal methods avaliable for Indian players

After winning, a bettor’s main thought is to withdraw the money he won. It’s simple to make a withdrawal via the Betway app or website. But in order to do it, you need to be informed about a few things.

To withdraw money with Betway, you need to satisfy two requirements:

  • You must be authenticated and have a balance of at least $10 in order to withdraw money from your account. Withdrawals are not allowed without this amount on the balance;
  • Customers will not be allowed to withdraw if the information in their account is untrue because it is required by Betway to ensure that the information you supply in the account (your complete name, age, location, etc.) is accurate. This is called verification. For this process, customers will need to take high-quality pictures of their personal documents and send them to Betway. Verification typically involves the use of a passport, NID card, driver’s license, bank statement, and other personal documents.

You can make a withdrawal once your account satisfies all of Betway’s conditions. The website offers a number of useful ways to complete this transaction.

You can get in touch with the technical support staff if you experience any Betway withdrawal problems.

How to Withdraw Funds from Betway

How to withdraw money from Betway

To withdraw the won funds from your account, the client must be verified. Without this process, you cannot even view payment methods on Betway’s website. In order to pass this procedure, you may contact Betway’s customer support team using a convenient method. Submit photographs of your ID card, passport, utility bill, etc. Generally, data is processed within one business day. 

In order to make a withdrawal from your Betway account, please follow the step-by-step instructions below: 

Step 1: Use the Betway website

visit it from your device;

Step 2: Login to your account, using the username and password you created during registration;

Step 3: Find the green “Bank” button in the upper right corner

click on it;

Step 4: In the panel that appears at the top, select the category “Withdraw”;

Step 5: You will see the available methods of payment on the site of Betway.

Choose one of them;

Step 6: Specify the withdrawal amount and the data required for the operation.

It’s important that the specified withdrawal amount doesn’t exceed the account balance;

Step 7: Confirm the payment and wait for the funds receipt, it may take some time.

Available Withdrawal Methods at Betway

Betway withdrawal methods avaliable for all Indian players

A customer can find several ways to withdraw money from the Betway website with fantastic ease. Let’s take a closer look at these payment options that allow the customer to make the appropriate withdrawal.

Withdrawal optionsType of paymentCommission feeProcess Time
SkrillE-WalletAbsolutely freeUp to 24 hours
Visa, MastercardBank cardsAbsolutely freeUp to 5 business days
NetellerPayment systemAbsolutely freeUp to 24 hours
MuchBetterE-WalletAbsolutely freeUp to 24 hours
Skrill 1-TapE-WalletAbsolutely freeUp to 24 hours
ecoPayzPayment systemAbsolutely freeUp to 24 hours

For the withdrawal of funds the client can still use 8 methods of payment on the Betway website. None of them will charge customers a fee.

There is a fundamental difference between the payment options for withdrawals from the Betway account and for deposits – Betway withdrawal time. The transaction in this case cannot be carried out instantly.

By using e-payment systems and e-wallets, customers can receive their funds within 24 hours after completion of the transaction, but usually, the money is received sooner. 

Bank cards Visa and Mastercard require a little longer time – up to 5 working days. Usually, funds are received within 2-3 days, but some delays are possible. 

Minimum Withdrawal Amounts

Betway minimum and maximum withdrawal amounts

Withdrawal amounts are also extremely important for customers from Bangladesh. First of all, it depends on which method you choose to process the transaction.

The minimum withdrawal amount for all payment methods is $10. This sum must be on the client’s account for withdrawal via e-wallets, bank cards and payment systems. 

The maximum amount for withdrawal is different depending on which payment option you select: Skrill, Visa, Mastercard, Neteller, MuchBetter, Skrill 1-Tap, and ecoPayz. To find out more about what the maximum withdrawal amount is, visit the Betway website and verify your account. 

FAQ

What do I need to do to withdraw funds from my Betway account?
First of all, it is necessary that the balance of the account is not equal to zero. For this, the client must at least replenish the account. The amount on the account must exceed the minimum possible Betway withdrawal amount – it is $10. The client must verify the account with personal documents. This is necessary to confirm the age, identity and other data of the user. Only after completing this procedure, it will be possible to withdraw funds.

Is Betway online betting legal for users from Bangladesh?
While the laws of the country restrict the starting activity and visiting of gambling establishments, Betway is completely legitimate there. Customers can use Betway’s services online as the company has its headquarters set up outside of Bangladesh. Consequently, the company is not regulated by national laws. Moreover, no Bangladeshi online bettor has ever been taken to prosecution because of online betting. Betway also has its own registration number and a license from the Malta Gaming Authority. This allows us to conclude that the company operates completely legally.

Is Betway accepting Bangladeshi Taka?
Unfortunately, users from Bangladesh are not able to use BDT, the currency of their country. However, you can now select EUR, GBP, or USD as your preferred currency when opening an account on Betway and use it while placing bets.

Can I place bets at Betway using a mobile device?
You can, absolutely. Visit the official Betway Bangladesh mobile website to download the Android mobile application. Download the apk and locate the button to install the program on your operating system. Wait for the installation of the software after unzipping the file. You may get the Betway app from the Apple App Store if you have an iOS smartphone. You can also access the mobile version of the website if you don’t want to use any additional software that you need to download. Just use your mobile to access the Betway sportsbook website.

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