Withdraw from Playa Bets

Step-By-Step Guide on How to Withdraw from Playa Bets

Before we show you how to withdraw money from Playa Bets, you’ll first need to ensure you have completed the FICA verification process. We’ll tell you how later in this Playa Bets withdrawal guide, but verifying your identity and address is pretty easy. 

You should also know that you won’t be eligible to withdraw funds unless you have wagered at least 10% of your initial deposit.

Furthermore, your first Playa Bets withdrawal must be withdrawn to your bank. After that, you can choose any other supported method.

Provided you have met all the eligibility requirements for withdrawing, you can follow these instructions to collect your winnings.

1.    Log in at Playa Bets using the Playa Bets app or your browser.

2.    Go to the banking section in your account profile or by clicking on your account balance. Then, select the “Withdraw” tab.

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3.    Select your payment method and enter the withdrawal amount.

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4.    Submit the withdrawal request.
5.    You will be redirected to your payment provider’s payment portal to verify and complete the transaction. 

Playa Bets Withdrawal Options

Playa Bets supports several safe and convenient payment methods that are popular and widely used in South Africa. Your first withdrawal must be an EFT to your bank account. You can use any of the other supported methods for subsequent withdrawals. Some of the most popular payment options at Playa Bets are:
•    Credit Cards
•    Debit Cards
•    Online Banking
•    Instant EFT
•    1voucher
•    OTT
•    Easy Load
•    BluVoucher
•    SnapScan
•    Zapper
•    Playa Bets betting shops

Playa Bets Withdrawal Time

One thing that prospective customers wonder is how much time it takes to withdraw money from Playa Bets. When you fill out and submit a withdrawal request, Playa Bets will manually process it. It normally takes up to 48 hours to do this. 

Once Playa Bets has approved it and processed your payment, it can take between a couple of seconds and a few days to receive it. It all depends on which payment option you use. With most e-wallet withdrawals, the money will be in your wallet within seconds of processing.

If you use online banking, EFT, or a credit/debit card, you can expect to see your money in 2 to 5 days. 

Minimum and Maximum Withdrawal Limits

The minimum withdrawal in Playa Bets is R20 unless you use an EFT bank transfer, which has a R50 minimum limit. The maximum withdrawal at Playa Bets is set at R3,000 per day and R25,000 per month.

Again, be sure that your payment method offers the appropriate limits. You can withdraw up to R10,000 at Playa Bets betting shops.

Playa Bets Withdrawal Fees

You will be happy to learn that Playa Bets does not charge any fees for deposits or withdrawals. However, you need to be aware of any fees that your payment provider charges. This is especially true for credit card users who can face a variety of user fees like cash advance fees and interest.

Verification Process

We mentioned earlier that you have to complete the FICA verification process before withdrawing your winnings. This process is in place to help prevent illicit activity like underage gambling, money laundering, and tax evasion. 

The good news is that it’s easy to get verified. When you enter your player profile, you will see a section that allows you to select and upload copies of the required documents. First, you’ll need a copy of a photo ID, such as your passport or driver’s license.

You will also need to provide a document like a recent utility bill or bank statement that has your full name and address on it. Once you upload the required documents, Playa Bets will confirm them and verify you, which can take up to 2 days. 

Withdrawal Problems

Most Playa Bets withdrawal problems are easy to identify and solve. In most cases, users may face Playa Bets withdrawal issues due to:

•    Not verifying their accounts
•    Not wagering at least 10% of their deposit before cashing out
•    Entering an amount under the R20 withdrawal minimum 
•    Asked for more money than is in their Playa Bets account 

If you have any issues with the Playa Bets withdraw money function, you should immediately contact Playa Bets customer support. They are standing by 24/7.

Is Playa Bets legit?

Playa Bets has been around since 1990, and it is licensed, regulated, and safe betting platform wherever it operates, including in South Africa.