Betfree sports betting

BetFree Withdrawal

3.7/5

David Kane, Author at Bettingsite.cc

Written by:

David Kane

Last Updated: Apr 26, 2024

Sports betting offer

None

BetFree is Restricted

BetFree Withdrawal/Verification

Well, we’ve spoken at length about the available betting options, sports bonuses, and even casino games present at BetFree – so that’s it, right? Review over! Well, not quite. There are quite a lot more things worth discussing about this site, things that will impact you in far more subtle ways than the games or bonuses!

Chief among them are the payment methods available and the verification process you’ll need to go through in order to withdraw any winnings. While these things aren’t quite as flashy or, let’s face it, interesting as the betting options or bonuses, they’re still incredibly important to know about when forming a comprehensive opinion about a bookmaker!

Payment Methods Available at BetFree

As we already mentioned earlier in our review, BetFree is a crypto site, meaning that you won’t be able to make a deposit here with anything other than cryptocurrency. And while some crypto bookmakers will still let you deposit via your card by letting you buy crypto from a partner (or directly through their own service), this option isn’t available at BetFree. If you wish to play here, you need to have already created your own e-wallet that can send and receive transactions. This site is for crypto enthusiasts, not those expressing a more casual interest.

Betfree withdrawal

Paradoxically, the actual currencies available here are extremely basic. When we think of a crypto site created for enthusiasts, we would imagine a whole bunch of cryptos that barely anyone has ever heard of, dozens upon dozens of supported currencies to ensure that anyone who likes crypto can deposit their way. That’s not quite the case here, as you’ll only have access to 8 different coins, all of which very popular: Bitcoin, Ethereum, Tether, etc. On one hand, that doesn’t seem like a huge deal, since most players will use those to deposit anyway, but on the other, we can’t help but wonder why you would restrict your audience to hardcore crypto fans and then not cater to them in full.

BetFree Verification

Betfree verificationVerifications have always been a pretty funny thing when it comes to crypto sites. Under normal circumstances, online bookmakers are required to verify the identity of all of their players in order to comply with regulations set up by various payment processors (like Visa or Neteller), who, in turn, are making sure that the law is being followed. But, as you probably know, crypto coins aren’t regulated by some institution or bank: that’s the whole point of them!

As such, a casino or bookie that doesn’t work with financial companies would not be penalized in any way by simply refusing to verify its players… which, of course, is a terrible idea. Verification exists to prevent money laundering, and what these sites are saying is basically “hey, come do crime here!” BetFree is having none of that, and even though they don’t technically need to, their terms of service make it very clear that you will be verified when you attempt a withdrawal for the first time.

But how does that work? Well, according to said terms of service, you’ll need to provide a number of different documents to the staff in order to prove your identity. These will include a proof of ID (like your ID card, passport, or driver’s license), as well as a proof of address (like a utility bill from the last 3 months). The terms also make mention of “verifying a payment method”, but since only crypto deposits are accepted and those can’t be verified, that’s probably an oversight.

How to Verify Your Account at BetFree

1

Naviate to your BetFree profile

Go to your profile and find the Documents page. It may also be listed as Verification, depending on your language.

2

Procure All Listed Documents

See the list of documents there? That’s the stuff you’ll need to find and present! It should look similar to what we described above.

3

Photograph All Documents

Using your phone or a digital camera, take clear, up-close photos of every document – both sides, if required.

4

Upload the Photos

Return to the My Documents page and then upload all of the photos you just took to their respective places on the page.

Frequently Asked Questions

The minimum deposit required to play at BetFree is currently set to €20.

Just like the minimum deposit, the minimum withdrawal is also set to €20.

While BetFree claims it will take no more than 24 hours to fully process any withdrawal requests, in reality that timeframe might expand to 2-3 days.

Only crypto payments are available here, but luckily they’re all pretty fast. Once your withdrawal request is processed, you should get your money almost instantly.

No, BetFree will not charge you any fees for withdrawing your winnings. However, since you’d be withdrawing in crypto, you might need to pay a fee to sell that crypto for your native currency, which you can then withdraw into your credit card or bank account.

BetFree Withdrawal in other lanugages

David Kane, Author at Bettingsite.cc

Bookmakers reviewer

David Kane

Expert opinion

5

David Kane is an expert content editor at BettingSite.cc, known for his detailed reviews of the newest bookmakers. His in-depth analyses and clear advice benefit both new and seasoned bettors, enhancing their betting experiences with reliable information.