Sports Betting
Sports Betting
Gambling

Withdraw from Sportsbet

If your wagers on one of Sportsbet’s 40+ sports have paid off, you may be wondering how to withdraw from Sportsbet to enjoy the cash you’ve won. That’s precisely what we’ve covered right here in this guide! Keep reading to learn more about cashing out your winnings at Sportsbet.

Luke Jones
Luke Jones

Last Updated: 2024-08-01

Ziv Chen

4 minutes read

Sportsbet.io
Licenses: Curaçao
Get Up To 100 000 USDT
  • Competitive odds
  • International reputation
  • Excellent eSports betting
  • get bonus
    Payment Methods
    Tether LogoEthereum LogoLitecoin LogoCardano LogoBinance Coin LogoPolygon LogoToncoin LogoTRON Logo
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    Overall Rating

    4.3/5
    Full T&C’s apply 18+

    Step-By-Step Guide How to Withdraw Money from Sportsbet 

    Read our simple step-by-step guide below to learn how to withdraw from Sportsbet. 

    1. Head to the banking section and select “Withdraw”.
    2. Pick from the supported payment methods and enter the desired withdrawal value (expressed in crypto for crypto withdrawals).
    3. Complete the transaction and wait for confirmation.

    Note that before withdrawing money from Sportsbet, you will need to verify your email address and personal details by uploading copies of your proof of ID and residential address. This helps to prevent fraud, money laundering, and underage gambling.

    Withdrawal Options

    Because Sportsbet has a strong focus on crypto-based betting, most withdrawal options fall into the crypto category. However, Sportsbet does support Fiat payment methods such as Mastercard, Visa, Maestro, and Interac for withdrawals. Crypto Sportsbet withdrawal options include:

    Bitcoin Cardano  TRON
    EthereumDogecoinPolygon
    LitecoinTetherBNB
    RippleUSDC 

    To withdraw funds through these crypto methods, you must connect your external crypto wallet before requesting a withdrawal. Additionally, it’s worth noting that the exact transaction limits vary based on individual crypto values at the time of withdrawal.

    Sportsbet Withdrawal Time

    Should you select one of the many crypto withdrawal methods supported by Sportsbet, you should receive your funds in less than 24 hours. Typically, withdrawal requests are approved within an hour. 

    If you’re wondering how long Sportsbet withdrawals via an available Fiat option take, you can expect a slightly longer timeframe from the withdrawal request to the arrival of funds (three business days). 

    Sportsbet Withdrawal Time

    Sportsbet Withdrawal MethodSportsbet Processing Time
    Bitcoin0-24 hours
    Ethereum0-24 hours
    Litecoin0-24 hours
    USDT0-24 hours
    XRP0-24 hours
    ADA0-24 hours
    TRX0-24 hours
    DOGE0-24 hours
    BNB0-24 hours
    TON0-24 hours
    MATIC0-24 hours
    USDC0-24 hours
    Visa0-72 hours
    Interac0-72 hours
    Mastercard0-72 hours
    Maestro0-72 hours
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    Minimum and Maximum Withdrawal Limits

    Like most betting sites, Sportsbet has withdrawal limits. This is true at both ends of the scale—minimum and maximum. However, due to aspects like crypto-value fluctuations, the precise maximums tend to vary daily. 

    However, for the minimum withdrawal limits, Sportsbet does clarify exactly what these are for the following supported methods:

    Sportsbet Minimum Withdrawal Limits

    Sportsbet Withdrawal MethodSportsbet Minimum Withdrawal
    BitcoinBTC 0.001
    EthereumETH 0.01
    LitecoinLTC 0.1
    USDTUSDT 20.00
    Ripple (XRP)XRP 20.00
    CardanoADA 10.00
    TRONTRX 200.00
    DogecoinDOGE 100.00
    BNBBNB 0.07
    TONTON 10.00
    Polygon (MATIC)MATIC 20.00
    USDCUSDC 20.00
    VisaBRL 50.00, JPY 12,000
    InteracBRL 50.00, JPY 12,000
    MastercardBRL 50.00, JPY 12,000
    MaestroBRL 50.00, JPY 12,000
    Sportsboom Event Table Logo

    Withdrawal Fees

    Sportsbet Sportsbook does not charge any withdrawal fees for crypto transactions. However, the sports betting site explains that third-party services may charge extra fees for deposits, withdrawals, or currency conversions. These services may include e-wallets, exchanges, blockchains, and more. 

    Verification Process

    To get set up with a new Sportsbet account and access hassle-free withdrawals, you must verify a couple of quick details:

    • Email address (confirmation link is sent after registering)
    • Name, age, and physical address (proven by uploading copies of a government-issued ID and recent utility bill)

    Since it’s a one-time process that unlocks the doors to fast withdrawals without delays, it’s worth completing shortly after signing up.

    Withdrawal Problems 

    Although unlikely, if you encounter any problems with withdrawals, whether linked to technical issues or something else, we encourage you to run through the following checklist:

    • Have you met the bonus wagering requirements? 
    • Is your account verified?
    •  Have you hit the minimum required amount?
    • Are any computer-related problems causing the issue?

    Is Sportsbet legit?

    Legitimacy is assessed with a few key checks for any betting site. We always look at proof of licensing, site ownership, current and previous member reviews, and site history. The good news is that Sportsbet ticks all of these boxes with a reputable owner (Yolo Group), a verified Curaçao eGaming license (1668/JAZ), and a solid reputation dating back to 2016.

    Responsible Betting

    We hope you now feel comfortable with the Sportsbet withdrawal process. However, we want to finish by reminding you to be responsible when it comes to gambling. This means staying within your limits, monitoring your betting habits closely, and self-excluding if necessary.

    Luke Jones
    Luke JonesSports Betting Writer

    With over a decade of experience writing about sports, sports betting, and iGaming, Luke has witnessed the industry’s evolution first-hand. A fan of football, blackjack and live dealer games, Luke is always keeping an eye on the sports betting and iGaming scenes.