BetOnline Withdrawal

BetOnline Verification/Withdrawal

To put it in the simplest way, in 99.99% of online casinos, you can’t withdraw at all before verifying your identity according to the global KYC procedure, aka ‘Know Your Customer’. If the site doesn’t accept your identity as valid, you won’t be given the green light to keep on betting on their premises, and funds in your account can stay there frozen ‘till the end of time. To avoid this, we’ll guide you through all the details of verification, as well as the intricacies of deposits and withdrawals. Stick around to gain your metaphorical expert badge and your very real improved understanding of the topic!

Payment Methods, Deposits, and Withdrawals at BetOnline

The available deposit methods at BetOnline are Bitcoin, Avalanche, Binance, BitcoinCash, Cardano, Dogecoin, Ethereum, Litecoin, Polygon, Ripple, Shiba Inu, Solana, Stellar, USD Coin, Tether, and Tron in the crypto corner. Fiat methods include Mastercard, American Express, Discover, Visa, Person to Person, Money Orders, Bank Wire Transfers, and Cashiers Check. The sole currency here is USD.

The withdrawals lineup consists of Bitcoin, Avalanche, Binance Coin, Bitcoin Cash, Ethereum, Litecoin, Polygon, Ripple, Shiba Inu, Solana, Stellar, Tether, Tron, USD Coin, Money Order, Bank Wire, Check by Courier, and MoneyGram.

For deposits at BetOnline, Visa, and Mastercard both have a minimum of $50 and a maximum of $5,000 — the minimum here is rather high for our preference. Person-to-person payments also have a $50 minimum but a $900 maximum which is relatively low for an upper threshold.

Money Orders come with a minimum deposit of a whopping $300, Bitcoin deposits start at $50, Bank Wire transfers have a near-insane minimum deposit of $1,000 but no maximum limit, and Diners Card is the most chill one for deposits, with a minimum of $20.

For withdrawals, cryptocurrency options like Bitcoin and Ethereum are the most efficient, with a minimum withdrawal of $20 and a maximum of $100,000. Both have some processing fees, though, but at BetOnline, almost any payment method does.

Money Orders have a minimum withdrawal of $500 which is too high for most players and on top of that take up to 7 business days to process. To add insult to injury, there's an $80 fee. Bank Wire transfers also have a $500 minimum and wildly lengthy processing times of up to 15 business days, with fees ranging from $45 to 3%, depending on the amount.

Check by Courier is another option for withdrawals with a lower threshold of $500, with processing times of 7 business days and fees from $50 to 3%. Lastly, MoneyGram is also here with a minimum of $50 but it comes with fees as well.

Overall, deposits here are kind of alright, but withdrawals are excessively tedious, with unreasonable minimums and many fees attached to them.

BetOnline Verification

To pass the KYC procedure, you usually need to present a set of copies of documents such as your government ID, proof of address, and proof of payment method ownership. Neither of these can be expired – the ID (or passport) must be government-issued and within its validity period, the proof of address must be no older than 3 months, and the bank statement or screenshot of your payment account should be provably yours.

Now, BetOnline barely mentions anything about the way its verification procedure should go, how long it would take or any adjacent details. All we know is that the aforementioned documents are needed for the said procedure and that you should be in contact with customer support via email for its successful completion.