bet365 Withdrawal Times UK - How long does it take 2024?

You took advantage of your bet365 sign up bonus code, your horse placed, your chosen player scored that first goal, you're quids in, and now you want to collect your winnings.

Unfortunately, the time between your bet winning and your money hitting your bank account isn't always instantaneous. Worst case scenario if you're in the UK: the withdrawal time could be up to three days. The bet365 deposit method you use to pay for your bet and the amount you request impact how long it will take for your withdrawable funds to reach your bank account. Being outside of the UK may also add a delay to specific payment methods. A minimum amount of £5 applies to all payment methods except PayPal, which requires at least £10.

PayPal

Funds will be credited into your PayPal account within 24 hours. The maximum withdrawal limit is £5,500.

As with all PayPal payments, once it’s safely in your e-wallet, you then need to withdraw the money from PayPal to your registered bank account. There are also no fees applied to the withdrawal by bet365, but if you need to withdraw more than the £5,500 limit, you will have to make more than one request. The minimum withdrawal is £10, which is larger than the £5 minimum amount required for all other withdrawal methods.

Withdrawing Money Via PayPal

Following the steps detailed below, access your bank, select withdraw, and select PayPal as your withdrawal method. Since it’s not possible to input funds via PayPal, bet365 will not have your details, so you need to add your registered PayPal email address.

Debit Card, Visa, Electron, Mastercard

The bet365 withdrawal time for Debit Cards is 1 - 4 hours for cards issued in the UK.

Visa Debit, Electron, and Mastercard are all debit card payments and, as such, have the same withdrawal times and limits. bet365 will aim to process your withdrawal to the same card you used to make your deposit. If, for some reason, this isn’t possible, bet365 will send a Bank Wire to the name registered on your bet365 account and will prompt you to provide your bank account details when requesting your winnings. It’s worth noting that card withdrawals will appear on your statement as bet365.

Wire Transfer

With bank wires, you can withdraw up to £100,000. In the UK, dealing with Euro or GBP, the processing time is under 24 hours.

If you deposited money into your bet365 account via Wire Transfer, withdrawals would be processed via bank wire transfer. Transfer fees may be applied, but this will be clear when making the withdrawal request. If fees are to be applied, you need to keep the funds in your bet365 account to cover the cost.

Using a UK bank such as HSBC, Monzo, Starling or Barclays is simple, but if you are outside of the UK watch out for currency changes because some foreign currencies will be processed in GBP, leading to gains or losses.

Once your bet365 withdrawable funds reach your account, it can get a little confusing to identify the transaction among other bank transfers because the sender's payment details will be listed as one of the following: Earthport PLC, Envoy Services, Hillside (Sports) GP Limited, Hillside (International Sports) LP or Worldpay AP - not bet365.

Withdrawing Funds Via Bank Transfer

From the screen above and as detailed, if you have withdrawable funds in your bet365 account you wish to withdraw via wire transfer, click the Withdraw option on the left.

Unlike when depositing funds via wire transfer, you don’t need to do anything from your bank. All you need to do is complete all the fields with your bank information and bet365 password and hit Withdraw.

At this stage, bet365 will inform you which entity the payment will be made by so you can identify the transaction when it comes in.

Paysafecard

With a £2000 limit set by bet365 (your Paysafecard may have additional limits), funds are received within 24 hours.

The Paysafecard is a prepaid card powered by Mastercard that can be funded using prepaid vouchers. Move your money from your Paysafecard account to your Paysafecard, and you can use it as a debit card. It’s worth remembering that bet365 does not accept deposits made via credit card.

Provided your account is registered in one of the following countries, you can withdraw funds back to your PayPal account; otherwise, withdrawals will be processed by Wire Transfer.

PaySafe is available for withdrawal in Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Finland, Germany, Hungary, Ireland, Latvia, Luxembourg, Malta, Poland, Slovakia, Slovenia, Sweden, Switzerland and UK. However, the address registered on your bet365 account must be the same as that registered on your Paysafecard account.

Withdrawal Using Paysafecard

Head over to the Bank section within your account and click withdraw. Your Paysafecard will need to be stored on your account before you’ll be given the option to withdraw money to it.

From the Bank section in your account, click on Manage Cards. bet365 allows you to store up to five cards, so add your Paysafecard details here before attempting to make a withdrawal.

Once added, click Withdraw, and the dropdown menu will allow you to select it as a withdrawal method.

Apple Pay

Allow 1-2 working days for withdrawals via Apple Pay.

Apple Pay is similar to a Debit Card withdrawal in that the funds will be returned to the same card you used to make the deposit. The main differences are it has a lower withdrawal limit and takes longer to withdraw your funds. Withdrawing with Apple Pay, the limit is £2,000 and you should allow 1-2 working days. This option is only available to iOS users.

bet365 Mastercard

Get your money instantly.

bet365 has teamed up with Mastercard to create an instant way to receive your winnings. Applying for this card is easy; simply login to your bet365 account, select Bank from the Account section and start your application.

Like with any new card, there are terms and conditions to adhere to, but you’ll be sent a card that you’ll be able to use at any ATM to withdraw your winnings in the same way that you’d withdraw money from your bank account. As with other cash withdrawals, you can only withdraw £300 at a time, with a daily limit of £1000.

Functioning in the same way as any other prepaid card, you’ll even be able to use it to shop online. The additional perk of having this card and using it for your bet365 deposits is that there’s no wait to get your hands on your winnings, unlike other debit cards.

bet365 wants to keep its customers happy, and you’re not going to be satisfied if there’s a delay in getting your winnings credited to your account. They’ve made the withdrawal process as flexible and efficient as possible. Now you know what you’re in for, it’s up to you to decide the best way to make and receive your deposits and winnings.

Trustly

Receive your withdrawal directly to your bank account in under 24 hours.

Using Trustly means your withdrawal will be deposited directly into the bank account you used to deposit. It has the same benefits as a regular wire transfer, a high withdrawal limit of £100,000 and fast access to your cash once the transaction has completed, but with the added bonus that your funds will be available in your account in under 24 hours.

As with other withdrawal methods, Trustly will only be available if you use it to deposit first, which means using your mobile banking app.

Limitations and Exclusions

bet365 has a host of promotional offers for new and existing customers, and it’s essential to familiarise yourself with the terms and conditions when you place your bet. Some Bet365 promotions offer free bets or bonuses, but these aren’t withdrawal funds. Instead, they become free credit that you can use to place new bets. Other offers work on a rollover basis, and although they may eventually lead to you receiving withdrawable cash winnings, minimum rollover terms will often apply.

Getting Verified

Make sure you don’t cut corners when setting up your bet365 account because you’ll only be able to access and withdraw your funds if your account is fully verified. Take a look at our article on signing up and getting verified without issues or delays.

Most of the time, the bet365 verification process is instantaneous, but it could take longer if you have to post documentation to prove your identity. As long as you can deposit money via Apple Pay, Google Pay, Paysafecard or direct debit and upload your driving license, passport, National ID card or residency permit, the verification process will be pretty straightforward.

If an error should occur, note the error code and message and contact bet365 to resolve the issue.

How to Withdraw Funds

Once you log into your account, the symbol at the top right, which shows your balance and invites you to make a deposit, is accessible from every page on bet365. Click on it, and it will show you your total balance and how it is made up. The example below doesn’t have any Bet Credits included, but if the total balance of £5 is £4 cash and £1 Bet Credits, you’d only be able to withdraw the £4.

To start withdrawing funds, you need to click into the Bank section of your bet365 account and select Withdraw.

If you only have one card saved with bet365, those details will automatically populate the withdrawal request. Check that the minimum withdrawal amount is lower than your request.

You can have up to five payment cards registered with bet365 at any one time. bet365 will first attempt to return the funds to the card used to make the deposit, but you will have the option to change that here.
All you need to do is populate the fields, add your Bet365 password, and hit withdraw.

Unavailable Withdrawal Methods

For most payment methods on bet365, you will withdraw your funds the same way you deposited, but some payment methods do not support withdrawals on bet365.

• Google Pay -Unlike Apple Pay, Google Pay is not available for withdrawals, and you will be prompted to use Bank Transfer to withdraw your winnings, possible leading to delays.
• Credit Cards - Since April 2020, it has not been possible to use Credit Cards to gamble in the UK, so although bet365 allows them in countries such as Australia and the US, they are not available on bet365 UK.
• Skrill and Neteller - are also not available from bet365. Although these e-wallets are available in the UK from bookmakers such as Betfair and accepted by bet365 elsewhere, they are not available in the UK.

Change Log

• 9th February 2023 - Updated withdrawal times for bank transfers and debit cards from 1-5 to 1-3 working days.
• 19th October 2023 - Added Trustly as a withdrawal method.
• 25th April 2024 - Reduced the time for all debit card withdrawals to 1-4 hours, with an upper limit of £99,999,999. Update withdrawal times for Apple Pay and Trustly.