How to Withdraw from Mozzartbet and Withdrawal Methods

If you’re lucky enough to win a wager when betting on a sport on Mozzart, it’s natural that you’ll want to cash out your winnings immediately. Therefore, it’s crucial to understand how to withdraw money from Mozzartbet and the method it provides for punters to use.

Step-By-Step Guide How To Withdraw Money From Mozzartbet

Withdrawing money from Mozzart is possible once you’ve registered an account and verified your details. The bookmaker allows punters to use M-Pesa to withdraw funds from their betting accounts. Not sure how to do this? Here’s how to withdraw money from Mozzartbet to M-Pesa:

1.    Log into your Mozzartbet account
2.    Click the ‘My Account’ tab and choose ‘Withdrawals’
3.    Click on the preferred withdrawal method
4.    Enter the withdrawal amount and submit the request

When withdrawing via SMS, punters can send W#amount to 29990 (e.g. W#100). If you’re also wondering how to withdraw money from Mozzartbet Casino and how to withdraw money from Mozzartbet Aviator, then the method would be identical, as winnings will go to the same betting account balance. 

Withdrawal Options

Mozzart uses M-Pesa and SMS as its deposit and withdrawal method. The Kenyan government has trusted M-Pesa as a payment system for years. The digital banking system allows money transactions using a SIM card.

Mobile devices with M-Pesa SIM cards can send money transactions to Mozzart using the Pay Bill number. You can also send and receive payments from other M-Pesa users through SMS.

M-Pesa is convenient and highly accessible, even for users without bank accounts. They can make payments through MPesa outlets across the country. Withdrawals with M-Pesa can be quicker than traditional payment methods and promote transparency through SMS receipts.

M-Pesa is a collaboration between Safaricom and Vodafone, and works with the Kenyan government. Therefore, the payment system is backed by the Central Bank. The Central Bank regulates and insures M-Pesa transactions under its Deposit Protection Fund to protect users from fraudulence. 

Mozzartbet Withdrawal Time  

Mozzartbet promises immediate processing using M-Pesa as a withdrawal method, so you won’t have to wait days for your winnings to arrive.

However, Mozzartbet also provides a withdrawal method from its betting shops, although this was unavailable at the time of writing. Punters requesting withdrawals through a Mozzartbet betting shop must wait up to three working days for the request to get processed, though. 

Minimum And Maximum Withdrawal Limits

Punters who want to request withdrawals from Mozzartbet should know there are limits to how much they can cash out. Mozzartbet has a minimum withdrawal requirement of KSh 50 and a maximum limit of KSh 150,000.

Withdrawal Fees

Besides understanding how to withdraw from Mozzartbet to M-Pesa, punters should know that transaction fees will be charged upon every withdrawal. The fees attached to the Mozzartbet withdrawal process differ according to the amount you want to withdraw.

Here’s detailed fee information on how much Mozzartbet charges for withdrawals:

●     KSh 50 - 100: Free
●     KSh 101 - 1,500: KSh 5
●     KSh 1,501 - 5,000: KSh 9
●     KSh 5,001 - 20,000: KSh 11
●     KSh 20,001 - 150,000: KSh 13

How To Sign Up For A Mozzartbet Sportsbook Account

Mozzart makes registering an account easy, as it only requires punters to use their phone numbers. Here’s the step-by-step guide on how to sign up for a Mozzartbet account:

1.    Open Mozzartbet’s homepage and click ‘Register’ on the top right corner of the page.
2.    Fill in the required Kenyan phone number and create a secure password for the new account.
3.    Wait for Mozzartbet to send a verification code to the phone number. 
4.    Copy and paste the verification code to the registration page.
5.    Fill in the required personal information (name, date of birth, email address, username), and then read the terms and conditions before ticking the box. 
6.    Mozzartbet will send a verification link to the email; click the link to return to the registration page. 
7.    Fill in the additional information, including ID card number, place of birth, and residential address. 
8.    Wait for Mozzartbet to confirm the information sent, and then the account will be ready for betting. 

What Sports Can You Bet On At Mozzartbet?

Once you’ve registered you’ll want to place a wager on sports, so what’s available? At the time of review Mozzart’s bookmaker section offered just nine sports markets:

●    Football
●    Basketball
●    Tennis
●    Hockey
●    Baseball
●    Futsal
●    Table Tennis
●    Cricket
●    Esports (DOTA, eSoccer)

The good news is that there were well over 300 betting markets covered across a wide variety of events, such as the ABA, Premier League and MLB.

Verification Process

If you get lucky with a wager on one of the above sports, you’ll need to submit a withdrawal request. Note that the bookmaker might ask you to go through a verification process. This step is vital for the bookmaker and your security to ensure the withdrawal reaches the right person’s bank account.

When the bookmaker needs to re-check a user’s identity, they’ll request several documents. Punters might need to submit ID or other proof, like a bank statement, that can verify they’re the account's rightful owner. The bookmaker will then check the information before approving the withdrawal.

The transfer duration from the bookmaker to the bank depends on the bank account, as Mozzartbet’s process is primarily instantaneous. The punter’s withdrawal process status will remain pending until the bank is ready to accept it. 

Withdrawal Problems 

It may be that you come across a problem that leads to a withdrawal not reaching your bank account. Punters must fully understand how to withdraw reserved money in Mozzartbet and double check several things that might hold their withdrawals back:

●    Unmet play-through requirements: Punters with active bonuses on their accounts should watch the bonus play-through requirements. If they’re unfulfilled, there’s a chance that the winnings might not be eligible for withdrawal.

●    Minimum withdrawal amount: Mozzart requires punters to withdraw at least KHs 50. The bookmaker might cancel when they submit a withdrawal lower than the minimum amount.

●    Errors: Online betting and live betting sites aren’t immune to technical difficulties. Even if a punter is sure that every requirement has been fulfilled, there’s a chance that computer-related problems are ongoing. Try contacting Mozzart’s customer service to get a thorough check regarding the issue.  

Is Mozzartbet Legit?

Mozzart operates under Mozzartbet Kenya Limited, and the company complies with the laws connected to the Data Protection Act No. 24 of 2019. The bookmaker promises to respect punters’ data privacy and will use the data on their hands for legal matters only.

The provider, Mozzartbet Kenya Limited, holds an operational licence from The Betting Control and Licensing Board of Kenya (BCLB). The Betting, Lotteries, and Gaming Act, Cap 131 regulates the licence, and Mozzartbet’s licence numbers are PG 0000322 and BK 0000534.

Choosing a sports betting site with a licence is essential as players can reduce the chance of losing their money due to unfair treatment. Licensed and regulated bookmakers have a set of rules they must follow to ensure their licence isn’t revoked.

The BCLB has ensured that Mozzart follows the law and that it’s trustworthy enough to handle users’ information.