Betlabel Withdrawal

BetLabel Withdrawal/Verification

You may think that the most import important things to know about an online bookmaker are its sportsbook and its bonuses – but you’d be wrong! There’s also its payment methods and verification procedure, both of which could seriously impact your experience with it. If you can’t deposit at BetLabel with your payment method of choice, who cares how good the bonuses are? If you can’t withdraw because verification is too difficult, it doesn’t matter how many sports you can bet on! That’s why we at BettingSites.CC always take a lot of time to explore both of these features in thorough detail, and any savvy punters ought to pay attention!

Payment Methods Available at BetLabel

The first thing you’ll notice about BetLabel’s payments page is just how many different countries appear on it – feels like nearly every country in the world is represented! The second thing you’ll notice is that many of those country pages are empty, and the rest might have very different payment methods. It’s uncertain why BetLabel is structured in this way, but the fact remains that many unsupported countries still appear in the menu (just without any methods tied to them), and most supported ones will be lacking all of the methods that are available here.

So, generally speaking, without pointing to any particular country, what methods are available here? Obviously there’s Visa, MasterCard, and bank transfer, as well as various country-specific banking solutions (like Sofort and Interac). Beyond that, you’ll also have a modest selection of e-wallets, like Jeton, Neteller, and Skrill. Finally, two prepaid wallets are available in supported countries: Paysafecard and Neosurf.

Perhaps the most impressive aspect of BetLabel’s repertoire of payment methods is its crypto options. Ten different currencies are available, some of which highly popular (Bitcoin, Ethereum, Litecoin, Tether, etc), while others less so, yet still sporting a sizeable fanbase (Solana, Dogecoin, Cardano, etc). As such, if you’d like to deposit and withdraw in crypto, you can do that easily – though keep in mind that you can either have a crypto or fiat currency account, and it’s impossible to swap between them.

BetLabel Verification

Sadly, many online bookmakers – even the entirely legitimate ones – have found themselves targeted by criminals looking to use them for money laundering. When a criminal earns a big sum, they can’t use it legally without arousing suspicion – but if they invest it into a bookie and then withdraw it, they can just say it’s winnings from football betting without arousing suspicion. That’s why it’s up to the casinos to prevent money laundering by any means necessary, and one of the most effective ones has been verification.

When you attempt your first withdrawal (or earlier, if you trigger it manually), you’ll be asked to verify your identity so that a real person can be selected as the owner of the account. That way, if you have ties with criminal organizations or a history of suspicious withdrawals (depositing and then withdrawing immediately with little to no betting), the site knows who you are and can deny you your withdrawal request. If this sounds super scary and complicated, don’t worry, it really isn’t. You’ll just need to present a handful of documents (like your ID card) to the casino’s dedicated verification officer in order to get your account verified!