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Withdraw From 20Bet

You can explore 20Bet withdrawals like a pro with our comprehensive guide. Real players reveal withdrawal times, the best methods, and how to avoid common pitfalls.

Anders Roland Kjemtrup
A.R. Kjemtrup

Last Updated: 2024-08-06

W.A. Goodchild

5 minutes read

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20BET
Licenses: Curaçao
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    If you’re a registered user at 20Bet and have won your bets, knowing how to properly withdraw from your betting accounts is crucial. 

    It’s not a complex process once you know what to do, but there are several things that you must know before sending your withdrawal request. 

    We’ve withdrawn from 20Bet, so we will share the steps we took to ensure our withdrawals are processed smoothly. Keep on reading to learn more about 20Bet’s withdrawal methods and how to ensure you receive your funds on time. 

    Step-By-Step Guide How to Withdraw Money From 20Bet

    Here are the steps you’ll need to take to request a withdrawal at 20Bet:

    1.    First, log into your 20Bet betting account. 

    Withdraw Money From 20Bet 1.jpg

    Image for 20Bet Withdrawal Guide Step 1

    2.    Ensure your account is verified and then open the ‘Withdrawal’ section.

    Withdraw Money From 20Bet 2.jpg

    Image for 20Bet Withdrawal Guide Step 2

    3.    The withdrawal page shows the available payment methods, so you can choose the one you prefer. 

    4.    Enter how much you’d like to withdraw along with your banking information.

    5.    Once all required fields are filled out, submit your withdrawal request.

    20Bet makes it easy for users to withdraw. However, if you’re a new user, it’s important to note that the operator might require additional verification for your first withdrawal or if you’re withdrawing a large sum. 

    Withdrawal Options We've Tried at 20Bet

    While testing 20Bet, we tried various withdrawal methods offered by the sportsbook. Meet some of the best options available:

    ●    E-wallets, such as PayPal, Skrill, and Neteller
    ●    Bank transfer
    ●    Credit and debit cards
    ●    Cryptocurrencies

    20Bet Withdrawal Time

    If you’ve just signed up for an account, you might be wondering: how long does a 20Bet withdrawal take? During our analysis, we found that the 20Bet withdrawal time depends on the payment method selected:

    • E-wallets – This was the fastest option. The sportsbook processes e-wallet withdrawal within 12 hours, and the funds appear immediately on your account after approval.
    • Credit and debit cards – The 20Bet withdrawal time for debit cards is longer than average, at seven business days. At least it’s a reliable option.
    • Bank transfer – On average, bank transfers take between three to five business days to reach your account.
    • Cryptocurrencies – Typically the fastest options although blockchain activity can slow it down, with most transactions being processed within 24 hours.

    Please note that the processing time for 20Bet withdrawals also depends on the payment provider. You’ll have to be patient, as transactions can take longer on weekends and holidays.

    Minimum and Maximum Withdrawal Limits

    After looking through the sportsbook, we learned that 20Bet imposes the following limits:

    • Minimum withdrawal – This depends on the payment method, but it’s usually around €35.
    • Maximum withdrawal – The maximum amount you can withdraw depends on your account status and the payment method chosen.

    Withdrawal Fees

    Although some betting sites charge users for withdrawals, 20Bet keeps all transactions free of charge.

    Despite this, your chosen payment provider might still charge your 20Bet withdrawals according to the provider’s own terms. 

    Verification Process

    Before submitting a withdrawal, 20Bet requires you to verify your identity. To complete the verification process, you’ll need to submit documents that can be proof of identity, including your address. This is a required process in most betting sites to ensure security for the users and the operator. 

    20Bet Withdrawal Problems

    Like any other online sportsbook, you might encounter problems when attempting to request a withdrawal. Check out the most common 20Bet withdrawal issues and how to solve them:

    1. Unfulfilled wagering requirements – Attempting to withdraw your winnings before completing the wagering requirements might void your 20Bet bonus. We recommend reading the bonus terms before requesting a payout.
    2. Incomplete account verification – Withdrawals can be severely delayed if you don’t verify your account. As such, we verified our 20Bet account as soon as possible.

    Should You Trust 20Bet?

    20Bet is under the management of an established company, TechSolutions Group N.V. The betting site is able to operate legally due to its Curacao license. As the betting site holds a license, the site and its activities are well regulated by the licensor. 

    Responsible Betting

    Responsibility is key when enjoying sports betting online. All betting site users must know how to limit themselves and mitigate the risks by making informed decisions. We recommend all bettors rest occasionally and never chase losses. 
    You should never take betting as the means to replace your source of income and immediately seek professional help when necessary. 

    FAQs

    When researching the 20Bet withdrawal process, we noticed other bettors had the following questions:

    Can you cancel a 20Bet Withdrawal?

    Yes, but only if it’s still pending. You won’t be able to cancel your withdrawal once the sportsbook has approved it.

    Do I need to verify my account to withdraw from 20Bet?

    Yes. The sportsbook required bettors to verify their details before their first withdrawal. You may also have to complete KYC before withdrawing large sums.

    Can I withdraw bonus winnings immediately?

    No. Most bonuses have wagering requirements that must be completed before you can withdraw your winnings.

    Anders Roland Kjemtrup
    Anders Roland KjemtrupSports Betting Editor

    Anders is an iGaming specialist with 7 years experience in content creation and strategy implementation in both the casino and betting industry across diverse markets with main focus on the Nordics.