Betfred is a popular bookmaker that has made its name by offering great odds and top promotions. Another big reason why so many punters bet with Betfred is you can withdraw your winnings quickly to many types of popular payment methods.
You can withdraw your winnings from Betfred in as little as 48 hours, though some payment methods may take longer.
How to Make a Withdrawal at Betfred
Making withdrawals at Betfred is a simple process. Go to your account and click on withdrawals. You’ll then see easy-to-follow instructions on how to withdraw the funds in your account to the same payment method you used to make your deposit, in accordance with Anti Money Laundering Regulations.
If you make multiple withdrawal requests within a processing period, Betfred may process these as one single withdrawal. Withdrawal times at Betfred will vary depending on your chosen payment provider, but you can see more details outlined below.
Making Withdrawals at Betfred with Maestro or Visa
Once you’re logged into your Betfred account, you’ll be able to request withdrawals by Maestro, Visa, or Visa Electron. There is no charge for withdrawals with these payment methods and funds are normally credited to your bank account within three to five working days. The minimum withdrawal is £5, and the maximum is £9,999.99.
Making Withdrawals at Betfred with Credit Cards
Credit cards are no longer an accepted payment method with bookmakers in the United Kingdom, but players in other countries may still be able to use them.
Making Withdrawals at Betfred with Neteller
If you have made a deposit at Betfred using Neteller, you’ll be able to withdraw funds with this popular e-wallet for free. If you haven’t made a deposit with Neteller, any withdrawals you make via it will incur a 2% fee. The minimum withdrawal with Neteller is £5, and the maximum withdrawal is £4,000.
Making Withdrawals at Betfred with PayPal
PayPal is one of the most popular ways to make deposits and withdrawals at Betfred, and both types of payments are free. Withdrawals are processed within 48 hours, with the minimum amount being £5 and the maximum being £5,000.
Making Withdrawals at Betfred with Skrill
Skrill is another popular e-wallet that you can use to make payments at Betfred. Payments are free, and the minimum and maximum withdrawals are £5 and £6,500.
Making Withdrawals at Betfred Via Bank Transfer
If you need to make a withdrawal at Betfred via bank transfer in the UK, you can make one free withdrawal every 28 days. After that, you will pay £12 for a standard withdrawal and £28 for an urgent withdrawal. The maximum withdrawal via bank transfer at Betfred is £25,000. Bank charges for other countries may vary.
Making Withdrawals at Betfred Shops
If you have an internet or telephone account with Betfred, you’ll also be able to make withdrawals at any of the Betfred shops, providing you deposited your funds in the shop. Withdrawals under £250 can be made on the day but bigger amounts need 48-hours-notice.
How to Validate Your Account at Betfred
Before your first withdrawal is processed at Betfred, you will be asked to provide a variety of documents to prove your identity and validate your account. Documentation that you may be asked for includes copies of the cards you wish to use or an e-wallet statement. You’ll also require a copy of your passport or driver’s licence, and a copy of a recent household bill or bank statement.
“I Can’t Make a Withdrawal at Betfred”
If you find you can’t make a withdrawal at Betfred, there are several reasons why you might be having a problem.
One of the most common mistakes that new players make is they don’t verify their accounts before they request a withdrawal. If this is what you’ve done, simply send the correct documentation and make your request again once the Betfred support team has verified your account.
This process is something that all bookmakers are required to do by law to prevent criminal activities such as money laundering.
Another reason why you might be struggling to make a withdrawal is your payment details may not be up to date. For example, your debit card may have expired. In this case, if you have received a new card from your bank, go to your Betfred registered payment details and update them.
You should then be able to make your withdrawal.
If you see an error message when trying to make a withdrawal at Betfred, the message will normally contain a code. Contact Betfred support and quote this code and the customer service agent will resolve your issue as soon as possible.
“I Have Not Received My Betfred Withdrawal”
If you have requested but not received a withdrawal from Betfred, check the processing times to make sure whether the payment should have arrived in your expected period. If the payment should have reached your account, contact your bank to check whether the payment is pending.
If this is not the case, contact the Betfred customer support team by live chat or email and they will resolve the issue as soon as possible.
As you can see, you can withdraw your winnings quickly at Betfred, especially with popular e-wallets such as Skrill, Neteller, and PayPal. Debit cards take a little longer, but this is more to do with the banks than Betfred. Just remember to verify your Betfred account before requesting a withdrawal and keep your payment details up to date to avoid delays.