B7 Withdrawal

B7 Verification & Withdrawals

As a general rule, we advise our readers to be very present and cautious when dealing with the authentication process and any requirements associated with the withdrawal procedure. While making use of the sports section, we understand that this may be a bit annoying, particularly because you are probably only looking to have some fun on the side. Although the process is not complicated, it does relate to finances, which is why we consider it to be key. Everything you need to know about the verification method and the withdrawal process is right here.

But first, we must clarify that signing up, funding, exploring the different sports, and placing bets are all still possible. However, until your account is verified – which we'll discuss in a moment – you won't be able to take your money out of the sports betting site. Therefore, the verification method and the withdrawal process are related to each other. Neither of these processes is difficult, so bear with us while we lay out the specifics.

This is not a process that is only present here, instead, it is a process that you will have to complete at all betting sites you visit. There's a solid reason for that. This whole thing is implemented to guarantee that no one can commit fraudulent acts inside the platform or do anything else that might jeopardize the security of all users. The verification procedure is implemented by all regulatory organizations, including Curacao, since it benefits everyone.

It is important to ensure that the balance in your account is enough to cover the required amount for withdrawal before B7 begins the verification procedure. Everything will go swimmingly when you've confirmed your account, fulfilled the wagering prerequisite, and determined that you have sufficient funds to withdraw. Everything you need to know about these two procedures is here, but if there is anything more you are missing, you can find it in the site's terms and conditions.

Withdrawal & Payment Options

This section of our review will show you how to withdraw funds from B7, which should help you determine whether it's the correct site for you since there are some players that have very peculiar requirements. Various payment options have varying minimum amounts that you can withdraw using them. A reasonable minimum transaction barrier of €15 is applied by most of the available banking providers. In relation to the necessary amount of these options, this site is reasonable and comparable to many of its competitors.

That aside, you need to fulfill the platform's wagering requirement before you may request a withdrawal. In this instance, the value of the criterion is 1x, which is the option that takes the least amount of time and the least amount of funds. This implies that before the site even allows you to request a withdrawal, you will need to bet each deposit you make with the platform at least once.

Just to illustrate the point, pretend for a second that you have deposited €20. The 1x wagering regulation states that you must wager your investment only once. The amount you need to wager on any sport you like is €20, which is what we get from the calculation and explains how the 1x requirement works.

Yes, it is absolutely necessary to fulfill the wagering condition for every single deposit before requesting a withdrawal. However, unlike regular deposits, deposits that are made with the idea of obtaining a bonus have their own specific wagering rules. We won't go into depth regarding the wagering conditions here as you can find them under the “Promotions” section.

The best place to get a full list of all the methods of payment that are accepted is under the cashier area. Because different countries have different regulations regarding various forms of payment, the choices you see can vary from those of a player in a different part of the globe. Be that as it may, the platform works with both fiat and cryptocurrency payment options; among the most common are Visa, Bitcoin, Ethereum, Tether, and MasterCard.

After you've reached the amount of wagers needed and your account balance is sufficient, you can request to get your money out of the platform using the banking method of your choice. After you've clicked the balance symbol, go to the top of the website and choose the “Withdraw” option to start the cash out procedure. To proceed to the next stage, input the desired withdrawal amount and choose the withdrawal method that best meets your needs. Your request to withdraw funds has been successfully submitted once you do all that. But now you have to confirm your account, so let’s discuss that.

Verification Procedure

Upon submission of your first withdrawal request, this process of verification will be launched. Although there are a few small exceptions, platforms generally follow the same policy template as their competitors. Take B7 as an example; their finance team will reach out to you as soon as they get your payment request, unlike other platforms. The platform can also ask for proof of identity if the amount you're transferring seems unusually large, in which case, it will want to know where the money came from.

Also, the method of sending the required documents is a bit different than it is at other sites. You will need to attach as a reply to the email you’ve been sent by the platform when requesting a withdrawal. Ahead of time, however, you can ready yourself and know exactly what to send by reading the criteria in this section of our review. There will be nothing surprising here as the standard set of files will be needed.

There are three documents in total that you will want to get ready. The first one is one that can prove who you are, the second is one that can confirm your current address of living, and the third one has to be one that can prove ownership of the funds you’ve deposited to the platform. Sending these documents will be mandatory.

To begin the process of verifying your identity, you will have to attach a copy of an official identification document that you currently possess. This is arguably the most important file of all. If the text is not completely visible in the scan or picture you provide you might get a rejection email back, so make sure it is of high quality. You might also utilize the video camera on your mobile device if it has a good enough quality. Basically, all key information on your ID or passport must be clearly visible.

A power bill or comparable utility bill will be requested by the site to verify your home address. This paper still has to have your current address and name put on it, of course. The document can be, once again, rejected if it lacks the official seal of approval from your government or the business associated with the bill, or, of course, if the text is blurry.

Last but not least, when you bring in your bank statement to the casino, be sure it clearly includes your name, a stamp from your bank, and proof of at least one deposit made to the sports betting site. Another easy thing to do is to get a duplicate from any of your bank's branches or, better yet, even online.

Since the process might take some time, it's best not to put any pressure on yourself once you've filed everything; instead, arm yourself with patience. By policy, the sports betting site's documentation review team requires at least one business day, and no more than three at the most, to complete the task.