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For many Nigerian punters, SportyBet has become a sports wagering platform of choice, and it is no wonder, really. The bookie is quite honestly outstanding and offers some incredibly enticing features. In this particular article, we are going to cover the process of funds withdrawal on SportyBet, talking about each and every detail that is present.
If you would like to know more about Sportybet Nigeria, we have a full review of the platform waiting for you.
Sportybet Withdrawal Rules in Nigeria
First and foremost, you should learn about the rules of withdrawal that are present on SportyBet. The big one is that in order for your withdrawal to be successful, the sum that you may withdraw is required to be below the double amount of your total sum of wagers or winnings. For example, if your total sum of wagers or winnings is 30.000 Naira, you may not withdraw more than 60.000 Naira. It is kind of a weird rule, however, it is very important to keep in mind.
In any other case, the withdrawal rules are the same as on other platforms.
Sportybet Withdrawal Limits
As we have already mentioned, there is a strange rule for withdrawal present but generally speaking, the limits set for withdrawal from the platform are quite lenient and are akin to those present on other sports betting web pages.
Minimum Withdrawal
The least amount of funds you may take out is 100 Naira.
Maximum Withdrawal in Nigeria
The maximum sum that might be withdrawn from the platform is 9.999.999 Naira.
Withdrawal Options
As for the methods you may use for withdrawal, there are several available. They are
- Access
- Citi
- Diamond
- Eco
- Enterprise
- Fidelity
- First of Nigeria
- First City Monument
- Guaranty Trust
- Heritage
- Keystone
- MainStreet
- Skye
- Stanbic IBTC
- Standard Chartered
- Sterling
- Union of Nigeria
- United For Africa
- Unity
- Wema
- Zenith
- Jaiz
- Suntrust
- Providus
- Parallex
- ALAT
As you may see, those are all banks. You may not use telephone, crypto or e-wallets for withdrawal.
How to Withdraw From Sportybet
Now, let us see how exactly the withdrawal process is done both on the web page and inside an application.
How to Withdraw Funds From SportyBet on the Website
Getting your hands on your winnings on SportyBet is incredibly easy. Simply follow the guidelines below, and you will be done with it in no time at all.
- Open up the SportyBet web page.
- Ensure you are logged in.
- Look for and tap on the “Withdrawal” button.
- Pick your preferred withdrawal option.
- Specify the sum you’d like to take out.
- Confirm the transaction.
- Done!
How to Withdraw Money From Sportybet in the App
As for the withdrawal from the SportyBet app, it is even more simple. Just follow our instructions.
- Launch the application.
- Open up the “Menu” tab.
- Find the “Withdrawals” section.
- Pick your preferred withdrawal option.
- Specify the sum you’d like to take out.
- Confirm the transaction.
- Done!
Withdrawal Fee
SportyBet does not have a withdrawal fee. The only fees you may encounter are from your bank.
Cash Out
This particular feature has truly been a lifesaver for many. It allows you to either fully or partially cash out a wager which will minimize your losses as well as ensure the profit. You may also set up an automatic SportyBet Cashout on each wager depending on the current odds.
How to Withdraw a Bonus
Unfortunately, the platform does not allow for the withdrawal of the bonuses. You will need to wager them first and only after that, you may withdraw the resulting winnings.
Verification Process
Before withdrawing your funds you will first need to verify your identity. This is a very simple and straightforward process and is only required to be done once per bank account.
How to Verify Your Identity
To confirm your identity, you should simply provide the platform with your current credentials such as your ID, international passport or a driver’s license. The name on those should match the one that is linked to your bank account and if this is the case then the transaction will go through smoothly.
How to Set Up a PIN for Your Profile
Sadly, SpotyBet does not allow for a code set-up. Although this makes your profile more vulnerable, it is not that big of an issue and will not affect you at all.
How Long Does the Withdrawal Take?
Usually, it only takes a couple of minutes for the funds to arrive in your bank account but in some rare cases, it might take up to 24 hours. If for some reason the funds had not arrived, please contact the customer support specialists. They will make sure that the issue is resolved in a manner both quickly and efficiently.
Withdrawal During the Weekend
You will not be likely to encounter any issues when withdrawing during the weekend, however, your bank might not work on these days and thus your funds may arrive later.
SportyBet Withdrawal Issues
Sometimes problems may occur during the withdrawal process. In this case, we have prepared a description and a solution to a couple of the most common issues.
Funds Do Not Arrive
The most common issue is the late arrival or lack of funds. There are several reasons why this might happen.
- Unconfirmed identity.
- Bank delays.
- Platform malfunction.
In any case, if you have encountered this issue, please contact SportyBet customer care immediately.
Withdrawal Is Unavailable
This might happen due to the reasons such as:
- Over-the-limit withdrawal.
- Account suspension.
- Bank account blockage.
In order to resolve this, contact customer support, and they will work something out or at the very least inform you of the reason why the withdrawal is prohibited.
In Conclusion
As you may see now, withdrawing your funds from SportyBet is as easy as a cake. Pretty much anyone can do that. We hope that this article was useful to you and that you have learned something new from it.
FAQ
- Why am I unable to withdraw funds from SportyBet?
There are several reasons for that. You may read about them and what to do above.
- How much can I withdraw from SportyBet in a single day?
No more than double the sum of your winnings.
- Can I withdraw to another account on SportyBet?
No, it is strictly prohibited even if you want to transfer to a friend.
- What’s the withdrawable balance on SportyBet?
This is the portion of your balance that might be withdrawn.
- Who won the biggest sum on Sportybet?
Mayor of the town Ekiti.
- Can Sportybet refuse to pay out?
If you have violated the T&C they might.
- Why can’t I cash out?
There are plenty of reasons why this might happen.