Betano withdrawals Nigeria

Betano Withdrawal Time Nigeria - Payment Options for 2025

Last Updated: 23 January 2025, Author: AceOdds.com

Deposits are usually faster than withdrawals on betting sites. Nevertheless, Betano is one of the bookmakers that process bettor's funds quickly. The withdrawal time for players looking to cash out their money after winning a bet is two hours. In other words, your funds take two hours to reach your bank account.

Bank Transfer - Withdraw up to ₦40,000,000 with this Method

While bank transfer is the only withdrawal method on Betano, it’s one of the most popular options adopted by most sportsbooks in Nigeria. With this option, players get their money through banks like Opay, GTBank, and Zenith Bank. Betano supports over 50 banks, including the less popular banks. We list some of them below.

  • Access Bank
  • ALAT by WEMA
  • 9mobile 9Payment Service Bank
  • Bowen Microfinance Bank
  • Citibank Nigeria
  • Ecobank Nigeria
  • Crescent MFB
  • Fair money Microfinance Bank
  • Eyowo
  • Fidelity Bank
  • First Bank
  • Globus Bank
  • Keystone Bank
  • Moniepoint
  • Kuda Bank, etc.

Using this method, you can withdraw a minimum of ₦100 and a maximum of ₦40,000,000 per transaction. Transactions are free, and you won’t incur any charges. However, your financial institution may charge you a small fee.

How to Withdraw Betano Bonus?

The Betano bonus withdrawal requires specific wagering requirements. However, the procedure begins with signing up using the Betano promo code ACEBET. Players must also make a first deposit of ₦100 to claim the 50% bonus up to ₦200,000.

After making a first deposit, you have to fulfil the bonus's playthrough requirements. Wager your deposit and bonus amount 10 times on Sports and/or Virtual Sports. Note that only odds above 3.0 contribute to this wagering requirement.

You have 30 days to meet all conditions. After complying with the requirements and the site settles your bet, you can request a withdrawal.

The steps below instruct users on how to withdraw their Betano bonus:

  1. Visit the Betano website and log into your account.
  2. Tap your balance and click “My Account.” Betano Withdrawal screenshot
  3. Click ‘Withdrawal’ from your account overview.
  4. On the following page, select the “Bank Transfer” method.
  5. Enter your bank information, account number and bank.
  6. Input the amount you want to withdraw and click “Withdrawal” to complete your transaction.

Betano Withdrawal Rules in Nigeria

Withdrawing money from Betano is straightforward. However, you must follow some rules to ensure a smooth process.

One of the rules is to authenticate your withdrawal method. This enables the site to verify your identity and account details. Betano undergoes this step for the safety of your funds and to prevent fraudulent acts.

Among the documents you may need to provide are your NIN Slip and International Passport. The bookmaker also accepts Voter's Cards and Driver’s Licenses. It takes up to 24 hours to process account verification.

Additionally, Betano allows withdrawal cancellation. However, this is only possible if the withdrawal has not been approved.

Unavailable Withdrawal Methods

Betano is undoubtedly a top betting site in Nigeria. However, one of its downsides is the limited withdrawal methods it offers. We expect the betting site to adopt more options like PayPal, Skrill, and Neteller. These payment options are accepted globally, facilitating fast deposits and withdrawals.

The betting site also lacks an option like Cryptocurrency. Many betting platforms have adopted crypto coins such as Bitcoin, Ethereum, and Solana. We also expect Betano to join the bandwagon. With crypto, players can deposit and withdraw funds anonymously. Many customers feel safer when they don’t have to share their bank account details.

Betano Nigeria Withdrawal FAQs

The minimum withdrawal on Betano is ₦100. Players must have a minimum of this amount in their accounts to request withdrawals.

Betano allows a maximum payout of ₦40,000,000 at once. However, the maximum winning a player can get per bet on the platform is ₦250,000,000

There are no daily withdrawal restrictions on Betano. However, your bank may restrict the amount you can withdraw from your Betano account. You may need to upgrade your bank account if you face such a restriction.

The minimum deposit amount on Betano Nigeria is ₦50. You can make this deposit using a Debit or credit card.

Withdrawal on Betano takes two hours. The betting site processes and sends your money within this duration.

A few circumstances may prevent you from withdrawing your winnings from Betano. These include identity identification, incorrect data, wagering requirements, and more.

  • Identity Identification - You may only be able to withdraw from Betano once your identity has been verified. The site may request government-issued ID documents to process your verification. Once it has been confirmed, you can withdraw your funds.
  • Incorrect Data - You may also face withdrawal problems if you input your data incorrectly. Ensure your account details are correct and match your betting account. Also, the site frowns on using another person’s details to withdraw your funds, which may cause issues.
  • Wagering Requirement - Players may also encounter withdrawal challenges with their bonuses. If you want to withdraw a bonus, you must meet the wagering requirements attached to the bonus.

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Last Updated: 23 January 2025