Betway is one of the world’s fastest-growing bookmakers and ranks among India’s best cricket betting sites, thanks in particular to its robust sportsbook comprising a broad range of betting markets and ease of deposits and withdrawals. This article is your Betway withdrawals in India 101.
Have all your questions answered — from updated Betway payout times and withdrawal limits to the detailed Betway withdrawal process.
Methods Of Betway Withdrawals In India
- While Betway’s withdrawal time is one of the shortest in the market right now, please remember that you must have a minimum ₹1000 in your betting account before you can request a successful withdrawal.
- All Betway withdrawals are approved within six hours, with the average payout time varying between 24 to 48 hours.
The table below has all the information you need on Betway’s payout times and withdrawal limits, updated for every payment method.
|Payment Method||Processing Time||Betway Minimum Withdrawal||Betway Maximum Withdrawal|
|Netbanking||Up to 24 Hours||₹1000||No Limits|
|AstroPay||Up to 24 Hours||₹1000||No Limits|
|Paytm||Up to 24 Hours||₹1000||No Limits|
|PhonePe||Up to 24 Hours||₹1000||No Limits|
|UPI||Up to 24 Hours||₹1000||No Limits|
|NETELLER||Up to 24 Hours||₹1000||No Limits|
|Skrill||Up to 24 Hours||₹1000||No Limits|
|EcoPayz||Up to 24 Hours||₹1000||No Limits|
|Visa||24-48 Hours||₹1000||No Limits|
|Google Pay||Up to 24 Hours||₹1000||No Limits|
|MuchBetter||Up to 24 Hours||₹1000||No Limits|
|Neosurf||Up to 24 Hours||₹1000||No Limits|
Betway Withdrawal Process
Making Betway withdrawals in India is a breeze. But before that, you need to remember a few things with respect to verifying your Betway account. Please note that making a successful withdrawal will require you to verify your account first, and that’s precisely what we’re dealing with below:
How to verify your Betway account
Before you can request a Betway payout in India, you must complete a simple Know Your Customer (KYC) procedure. This is compulsory as it helps to combat money laundering and terrorism financing, and more importantly, ensure your hard-earned money is in the safest of hands.
Log in to your Betway account and select ‘account verification’. This yellow banner will then pop up on your screen.
There are two easy ways to verify your account:
- Aadhaar Fast Track Verification
• Enter 12-digit Aadhaar number
• Click ‘send code’
• Enter OTP and click ‘submit’
• Verification successful
- Manual Verification
• Click ‘verify identity’
• Choose ID
• Upload images of front and back side of ID
• Click ‘submit’
• Verification successful
That’s it! Now wait for your account to be verified before making that first withdrawal. We suggest verifying your account using PAN/AADHAAR when you sign up to make sure you can reduce your Betway withdrawal time and proceed with a payout as soon as you have your winnings.
Top tips for faster account verification
Step-by-step Betway Withdrawal Process
How to withdraw money from Betway? Well, it is a cakewalk, really. That’s because not only is the Betway minimum withdrawal low, but the process is simple too. Just remember that for a successful Betway withdrawal in India, the banking method you use should be the same as the deposit.
Here is your 5-step procedure to withdraw money from Betway:
- Log in to your Betway account and head to the banking section. Then select ‘withdraw’.
- Choose your preferred payment method from the options.
- Next, choose the amount you wish to withdraw. Remember that Betway’s minimum withdrawal is ₹1,000.
- Follow the instructions for the selected payment method. The information will vary depending on the banking method you choose.
- Confirm the request, and your withdrawal should be approved within six hours and funds credited to your account promptly. Depending on the withdrawal method, your Betway payout time will range between 24 and 48 hours from approval.
Betway withdrawal time in India with bank transfer
The Betway withdrawal time using UPI or bank transfer is typically longer than that of the other payment methods. The usual Betway payout time with bank transfer is 5 business days (depending on your bank’s processing time). However, this may extend up to 7 business days in some cases.
There are also exceptional cases where the Betway withdrawal time can stretch beyond the stated limit. It usually happens when you make a request for your withdrawal late on a Friday, and your bank then begins processing your funds on Monday.
Any Betway withdrawal will have one of the following statuses:
Your withdrawal is in a queue, waiting to be processed. While it’s in this phase, your withdrawal can be reversed (back into your account) if you’d like to use these funds again.
- Processing commenced
Betway has started processing your withdrawal. During this stage, the operator reviews your account and might request documentation from you. Consequently, your Betway withdrawal time here can stretch a little if you didn’t verify your account at the beginning.
- Processing completed
Betway has processed your payout request.
This means they have already paid your withdrawal, and it’s on your way to you. It will take a short while to reflect into your account, depending on your withdrawal method and bank’s processing time.
How To Cancel A Betway Withdrawal
Your withdrawal request was by accident? No worries, we’ve got you covered. On Betway, you can ask for your withdrawal to be reversed, but you must do that within a limited time. You can cancel the entire withdrawal amount (or a part of it) while it’s still in the processing queue. However, once processing has commenced, you will no longer be able to reverse your funds.
This process is straightforward, and here’s what you do if you want to cancel a withdrawal at Betway.
- To begin, log into your Betway account, head to the banking tab, and click deposit. Your pending withdrawal will be visible here.
- Click on ‘Tap here to reverse’ underneath your pending withdrawal. Your withdrawal request will be overturned, and the funds credited to your betting account once again.
- Be aware that you can only cancel your request if it is still pending. Betway withdrawal times vary across different payment methods, so there may be a slight delay in some cases.
Betway Withdrawal Problems
While Betway withdrawal time is around 24 hours for most payment methods (except bank transfers, which can take anywhere from 5 to 7 business days), you might encounter problems if you have not verified your account and submitted the necessary documents. In such cases, your funds will always be reversed in your account.
There is another slight issue with Betway withdrawals in India. There is a precondition that you must wager the entire amount of your first deposit before making a withdrawal.
Every bookmaker has its own set of rules that you will have to adhere to.
How To Make A Betway Deposit?
All questions surrounding Betway withdrawal times will only follow after you’ve made that first deposit and placed those winning wagers. Most deposits at Betway are instant, but remember that the deposit method should be the same as withdrawals if you want to cut down on the Betway payout time.
Adding funds to your account is super easy, and we’ll ensure there are no surprises with our quick and easy step-by-step procedure.
P.S: The minimum deposit at Betway is ₹200, but if you’re using UPI or Netbanking, that goes up to ₹500.
Betway deposit methods & deposit limits
|Payment Method||Processing Time||Processing Fee||Minimum Deposit||Maximum Deposit|
|Google Pay||Instantly||NA||₹200||2 crores|
|Net Banking||Instantly||NA||₹200||2 crores|
Why Bet On Cricket At Betway?
Now that you’ve come this far, we hope you have clarity on Betway withdrawal times in India. We have discussed Betway’s payout times in detail, including withdrawal limits, the Betway withdrawal process, and payout time when using bank transfers.
But the question is, why choose Betway to begin with?
Every year, we at CBA do a deep dive into the various cricket betting odds on offer by bookmakers, and Betway inevitably ends up at the top of the pile with a few others. Their odds for IPL betting in 2022 were some of the highest in India. When you bet with Betway, you can rest assured that you will receive good prices on most occasions.
Betway is one of India’s finest cricket live streaming sites, hands down. You get all the tools you need — from detailed statistics and exciting live commentary to historical data and a virtual ball-by-ball render of the match in question. All that’s required is a funded betting account, and you can livestream your favourite game.
- Live betting and cash out
Among India’s many live cricket betting sites, we reckon Betway has few rivals and fewer peers. The operator has a seamless in-play betting platform where odds update and markets refresh within seconds, allowing you enough time to place your next in-play wager. Plus, you have the cash-out option too, which you can use to withdraw your winnings midway through a wager if you are unsure which way the market could go.
Check out our cricket betting reviews to know more about the other live cricket bookmakers available in the market.
The operator is known for rolling out cricket free bets, especially during top-tier tournaments, as part of the Betway Boost promo, which offers considerably higher odds than the typical rates on that particular market.
Betway provides a range of banking options commonly used in India, including UPI, Netbanking, Paytm, and Google Pay. More importantly, the operator is a low deposit betting site while also entailing a short payout time so that you can withdraw your money from Betway in the least possible time.
There’s no dearth of cricket matches at Betway. From India’s top cricket leagues like the Big Bash and IPL to top cricket tournaments like the ICC T20 World Cup and other bilateral series, Betway has it all! Notably, you have cricket betting markets far exceeding the regular ones like match-winner and top team batsman/bowler. It may sound like a hyperbole, but it’s closer to the truth than you think – Betway has cricket betting markets for almost every ball that’s bowled.
Betway mobile betting
The Betway mobile app is a modern and intuitive way to bet on cricket or any other sport from the operator’s sportsbook. Notably, the mobile app features all the sports available on the main website and does so in fine fashion – a simple slider displays all the different sports to bet on, and a quick search takes you to your chosen match in a jiffy.
You can also take advantage of the lightning-fast Betway withdrawal times, as you can deposit and withdraw your winnings from the app itself. The process is the same as the website, maybe easier.
But it is in-play betting where the Betway app assumes its significance. It’s easily one of India’s best cricket betting apps right now, featuring the same match statistics and insights as the web version. You’ll also get the same virtual live features, including a render of the chosen match!
That said, we must mention that the user interface of Betway’s mobile browser is as good as the app. So, should you not want to download any other application on your phone, you may as well continue playing on your mobile browser.
Betway Payout Times FAQs
Is Betway safe?
Betway is 100% safe. It holds a license from the Malta Gaming Authority, and its stamp of approval means the operator’s business is transparent and legit. The Betway website and the mobile app are SSL-encrypted, and an eCOGRA certification proves that they are regularly tested.
What is the Betway maximum withdrawal per day using UPI and bank transfer?
According to the Betway terms and conditions, there is no maximum Betway withdrawal per day limit. There’s also no maximum Betway withdrawal limit for UPI or bank transfer, for that matter.
What is the Betway minimum withdrawal?
The Betway minimum withdrawal limit is ₹1000. Also, please ensure your payout method is the same as the deposit.
Can I bet with INR at Betway?
Absolutely! In fact, that’s another perk of using Betway, as INR is accepted as the primary currency. This means no currency conversion math or conversion fees. All bonuses are in INR too so that you can fully experience the fast Betway withdrawal times without any hassle.
How can I reach Betway India customer care?
You can reach Betway India’s customer care support 24×7. There are three ways to contact the customer support:
- Email: email@example.com
- Live chat: check on-site
- Phone: +44 207 062 5466 (Mon-Sun, 8am – midnight)
CricketBettingAdvice Final Say
At Betway, you benefit from an exceptional in-play betting and pre-match betting experience like no other. With six-hour withdrawal request approval and up to 48-hour Betway payout times, this bookie offers one of the fastest ways to take home winnings in India.
So, choose your preferred payment method, sign up to Betway for great cricket betting odds, and experience one of the top fast withdrawal betting sites in India.
The Cricket Betting Advice team of writers are all defined by one goal: to provide you with the best online cricket betting content on the web.