Sports Betting

Guide

Gambling

Withdraw from Betfred

Bet on your favorite sports and withdraw all your winnings from Betfred with the best banking options. Learn about the Betfred withdrawal process!

A.R. Kjemtrup

Sports Betting Editor

Last Updated: 2024-07-12

Fact checked by:

W.A. Goodchild

Sports Betting Writer

5 minutes read

Table of Contents

Betfred

Licenses: UK

Welcome Bonus

Acca Flex

Wide sports selection

Get Bonus

Payment Methods

Overall Rating

4.1/5

You've placed some winning bets on your favorite sports at your chosen betting sites, and it's time to collect your winnings! Withdrawing funds from these sites is usually a quick and easy process. However, not all bettors know what to consider when withdrawing their money, especially when it comes to a Betfred withdrawal.

Here, you'll find all the options accepted by Betfred to withdraw your funds. We'll also cover all the other important facts you need to know before requesting a Betfred withdrawal.

Step-By-Step Guide to Withdraw Money from Betfred

Now, what should you do if you score a winning bet? Here’s how to withdraw your funds:

1
First you must “Log In” into your account.
2
Open the “My Account” button. You’ll find it at the top-right corner.
3
Go to the “Withdraw” tab and pick any available options.
4
Complete the fields on the screen, including the amount of money you want to withdraw.
5
Finalize the request by pressing “Withdraw”.
6
Once you have completed all the steps, all you have to do is wait until the Betred withdrawal request is approved.

Withdrawal Options on Betfred

There are plenty of options to choose from when it comes to withdrawing funds in Betfred. However, some may only be available if you use them originally to deposit funds, while others cannot be used at all. Here’s what you can use to request a Betfred fast withdrawal:

● Debit card: Visa and MasterCard are the prime options for online sports betting. Their processing times may not be the fastest, but these cards are the safest option you’ll find around.

● Credit cards: Once again, MasterCard and Visa are good options for withdrawing funds from this bookie. However, this only applies for international players, as UK players cannot use this Betfred withdrawal option.

● E-Wallets: an all-purpose withdrawal option accepted by most bookies and with the fastest processing times. Skrill, Neteller, and PayPal reign in this category, but keep an eye on transaction fees.

Betfred Withdrawal Time

Picking the best options to withdraw funds will always be tied to three important facts. The first one is how long do Betfred withdrawals take. Luckily, these times are quite fast, as you can see in the following table:

Withdrawal Options	Withdrawal Processing Times
Visa	48 hours
MasterCard	48 hours
Skrill	48 hours
Neteller	48 hours
PayPal	48 hours

The times shown above may vary depending on the method used to withdraw funds. Some withdrawals with credit cards, for example, may take four business days to arrive into your account.

Minimum and Maximum Withdrawal Limits on Betfred

The second topic to check when requesting a Betfred withdrawal is how much you can withdraw in one single request. These limits are usually quite flexible, but it doesn’t hurt to know more about the matter.

All withdrawals requested from this bookie must be of £5 or higher. Although you can withdraw less than that, you must contact customer support to complete this process. Additionally, there’s no maximum withdrawal limit on Betfred.

Withdrawal Fees

Last but not least, withdrawing funds from this bookie may require extra fees to complete the process. Withdrawal from Betfred will not require any fees to complete the transaction, but some payment providers may charge, so check with them to make sure.

Verification Process

Only a fully verified player can deposit and withdraw funds from Betfred. To complete your verification process, follow these steps:

1
Create an account with Betfred. You can do so by pressing “Join”.
2
Complete the form, step by step.
3
A pop-up screen may appear. Press “Submit my Documents” to send an ID or passport with your details. Optionally, you can contact Live Chat support to submit your documents.
4
Further documents may be requested later on to validate some transactions. For now, you’ll be able to join the site, start betting, and, of course, withdraw your winnings.

Withdrawal Problems in Betfred

Although very uncommon, there’s a chance you may encounter a few issues when you withdraw funds from Betfred. To prevent that, keep in mind the following ideas:

When it comes to bonuses, you must fully wager the bonus to withdraw your winnings. Otherwise, that bonus will be voided.
Only a properly verified account can withdraw funds.
There are no withdrawal limits, but less than £5 withdrawals may require a Live Chat approval before being processed.

Is Betfred legit?

Betfred holds a United Kingdom Gambling Commission licence. UK-regulated sites are considered the best worldwide for bettors' safety. The site also holds a licence from the Gibraltar Gambling Commissioner.

If that isn't enough, Betfred will manage your banking and personal details as per GDPR (General Data Protection Regulation). This means every single number and letter in your account will be taken care of based on your country’s laws for online betting.

Responsible Gaming

It can be very exciting to win big after nailing a sports bet. However, this can also be very dangerous if you bet without control. Check out the “Safer Gambling” section at the bottom of the site to activate and use some tools to control your gambling activities.

If this is not enough, contact GamCare or GamStop for further help. Lastly, if you cannot control your situation by any means, consider auto-excluding yourself from Betfred and any other sites. Always gamble responsibly.

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.

Table of Contents