Betway India Withdrawal Time And Withdrawal Limits (2024 Update)

  • Betway does not accept players from India anymore

Had a lucky streak betting on Betway? Well, it's time to claim your winnings! In this Betway withdrawal guide, we cover the bookmaker's minimum withdrawal amount, withdrawal time, and withdrawal limits, as well as the different payment methods available for Indian punters. Let's get started!

Payment Methods For Betway Withdrawal In India

A list of Withdrawal Methods available on Betway App

(Source: Betway)

Not only does Betway accept an array of betting payment methods, but it’s also one of India’s many fast withdrawal betting sites. Having said that, it is good to remember the following points:

  • Although the Betway withdrawal time in India is one of the shortest in the industry, remember that the minimum withdrawal limit is ₹5,000.
  • All Betway India 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 the Betway withdrawal times and withdrawal limits, updated for every payment method.

Betway Payment MethodProcessing TimeBetway Minimum WithdrawalBetway Maximum Withdrawal
MuchBetterUp to 24 Hours₹5,000No upper limit for now
SkrillUp to 24 Hours₹5,000No upper limit for now
PayzUp to 24 Hours₹5,000No upper limit for now
NetellerUp to 24 Hours₹5,000No upper limit for now
AstroPay CardUp to 24 Hours₹5,000No upper limit for now
eZee WalletUp to 24 Hours₹5,000No upper limit for now
SWIFT/Bank TransferUp to 24 Hours₹5,000No upper limit for now

Betway India Withdrawal Process

While making Betway withdrawals in India is a breeze, to do so, you'll first need verify your account – and that’s precisely what we look into within this section of our guide.

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 increase customer security, ensuring that your funds are in the safest of hands.

Log in to your Betway account and select ‘Account Verification’. Here, note that there are two easy ways to verify your account:

1. Aadhaar Fast Track Verification

  • Step 1: Enter 12-digit Aadhaar number.
  • Step 2: Click ‘Send code’.
  • Step 3: Enter OTP and click ‘Submit’.

2. Manual Verification

  • Step 1: Click ‘Verify Identity’.
  • Step 2: Choose ID.
  • Step 3: Upload images of the front and back of your ID document.
  • Step 4: Click ‘Submit’.

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

If you’re taking a photograph of your ID:

  • Make sure you take a clear, non-blurry photograph from your mobile/tablet to upload.
  • Make sure all the edges are visible.
  • Keep the flash off.

If you’re uploading a file from your device:

  • Use a clear photograph.
  • The photograph must be coloured; a black-and-white photo will be rejected.
  • Don’t upload a screenshot, as that will be rejected too.

Step-By-Step Betway India Withdrawal Process

How do you withdraw money from Betway? Well, it is a cakewalk, really. That’s because not only is the Betway minimum withdrawal in India low, but the process is also very simple. 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:

  • Step 1: Log in to your Betway account and head to the banking section. Then select ‘Withdraw’.
  • Step 2: Choose your preferred payment method from the options.
  • Step 3: Next, choose the amount you wish to withdraw. Remember that the Betway minimum withdrawal is ₹5,000.
  • Step 4: Follow the instructions for the selected payment method. The information will vary depending on the banking method you choose.
  • Step 5: Confirm the request, and your withdrawal should be approved within six hours, with the 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 in India using bank transfer is typically longer than that of the other payment methods – usually 5 business days (depending on your bank). 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. This usually happens when you make a request for your withdrawal late on a Friday, meaning your bank then begins processing your funds on the following Monday.

Any Betway withdrawal will have one of the following statuses:

Betway withdrawal steps

How To Cancel A Betway Withdrawal

Made a withdrawal request by accident? No worries, we've got you covered. At Betway, you can ask for your withdrawal to be reversed – but only within a limited time period. 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.

Here's what you do if you want to cancel a withdrawal from Betway.

  • Step 1: To begin, log into your Betway account, head to the banking tab, and click ‘Deposit'. Your pending withdrawal will be visible here.
  • Step 2: Click on ‘Tap here to reverse’ underneath your pending withdrawal. Your withdrawal request will be cancelled, with your funds credited to your betting account once again.
  • Step 3: 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 Withdrawals – Important Things to Know

Every bookmaker has its own set of rules that you will have to adhere to, and Betway is no exception. Here are a couple of things to know when making withdrawals from this bookmaker:

  • Remember that the Betway minimum withdrawal limit is ₹5,000. This, we believe, is on the higher side compared to many other bookmakers on the market.
  • 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.
  • There is another precondition for Betway withdrawals in India: you must wager the entire amount of your first deposit before making a withdrawal.

Does Betway charge withdrawal fees?

While we don't know of any instance when Betway has charged fees for processing withdrawals, the bookmaker has stated on its website that “payment charges may be incurred”. In most cases, you should not be charged a fee for withdrawals; however, on the odd occasion that you do get charged a fee, we suggest you reach out to customer support immediately.

How To Deposit Money In Betway?

All questions surrounding Betway withdrawal time in India 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 involved.

Adding funds to your account is super easy – just follow our quick and easy step-by-step guide to avoid any unwanted surprises.

PLEASE NOTE: The Betway minimum deposit with UPI is ₹200; however, it increases to ₹500 with subsequent deposits.

Betway deposit method steps explained

Betway Deposit Methods And Deposit Limits

Betway Payment MethodProcessing TimeProcessing FeeBetway Minimum DepositBetway Maximum Deposit
UPIInstantly₹0₹200₹2,15,00,000
UPI Bank Transfer15 mins to 4 hours₹0₹200₹2,15,00,000
Netbanking15 mins to 4 hours₹0₹500₹50,000
NETELLERInstantly₹0₹500₹2,15,00,000
VISA15 mins to 4 hours₹0₹500₹2,15,00,000
MasterCard15 mins to 4 hours₹0₹200₹2,15,00,000
SkrillInstantly₹0₹200₹2,15,00,000
AstroPayInstantly₹0₹200₹2,15,00,000
KhelocardInstantly₹0₹200₹2,15,00,000
PayzInstantly₹0₹200₹2,15,00,000
FlexepinInstantly₹0₹200₹2,15,00,000
PayTMInstantly₹0₹200₹2,15,00,000
PhonePeInstantly₹0₹200₹2,15,00,000
MobiKwikInstantly₹0₹200₹2,15,00,000
Google PayInstantly₹0₹200₹2,15,00,000

Why Bet On Cricket With Betway?

One of the world's fastest-growing bookmakers, Betway 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 transactions.

As you will see below, it is not only Betway's payout times that are the sole reason for choosing this bookmaker. A laser-sharp focus on cricket, user-friendly design, and an excellent cricket betting app are all factors which led us to rank this operator right at the top.

  • Competitive odds

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. In fact, 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 for most events and markets.

  • Livestreaming

Betway is one of India's finest cricket live streaming sites, hands down. You'll have all the tools you need at hand, 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 go ahead and use their streaming services.

  • Live betting and cash out

Among India’s many live cricket betting sites, we reckon Betway has few rivals and even 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 learn more about other live cricket bookmakers available.

  • Cricket promotions

The operator is known for rolling out cricket free bets, especially during top-tier tournaments, as part of the Betway Boost promo. This offers considerably higher odds than the typical rates on that particular market.

  • Multiple payment methods

Betway provides a range of banking options commonly used in India, including UPI, Netbanking, Paytm, and Google Pay. As well as processing fast withdrawals, it's also a low deposit betting site.

  • Range of betting markets

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!  It may sound like a hyperbole, but Betway really does have 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. Easily one of India's best cricket betting apps around, it 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 make any transactions from the app itself. The process is the same as the desktop site – perhaps even easier.

But it is in-play betting where the Betway app really shines, 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 the Betway mobile browser is as good as the app should you prefer to use that instead.

Betway Payout Times FAQs

Is Betway safe?

Betway is 100% safe. It holds a licence from the Malta Gaming Authority, which is one of the most trustworthy stamps of approval within the industry. Along with this, the Betway website and the mobile app are both 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 there are no currency conversion math or conversion fees required on your end. 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?

Betway India’s customer support is available 24/7 via the following three channels:

  • Email: support@betway.com
  • Live chat: check on-site
  • Phone: +44 207 062 5466 (Mon-Sun, 8am – midnight)

CricketBettingAdvice Final Say

At Betway, you'll enjoy exceptional in-play and pre-match betting. With six-hour withdrawal request approvals and up to 48-hour Betway payout times, this bookie offers one of the fastest ways for Indian punters to take home their winnings!

So, sign up for an account, choose your preferred payment method, and experience one of the top fast withdrawal betting sites in India – as well as great cricket betting odds!

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