Betovo sports betting

Betovo Withdrawal

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David Kane, Author at Bettingsite.cc

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David Kane

Last Updated: May 30, 2024

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Betovo Withdrawal/Verification

Betovo verificationBy this point, we’ve covered nearly everything that you need to know about Betovo – but not quite everything! Indeed, there are still a few very important things to know before you learn whether you should sign up there or not! Chief among them being the payment systems you’ll be able to use, as well as the verification procedure that will determine how easy it’ll be to withdraw your winnings when all is said and done. So let’s not waste any time and dive into it!

Payment Methods Available at Betovo

First and foremost, we have to point out that Betovo is available in dozens of different countries all over the world – some of them in Europe, others in Africa, a few in Asia, even a handful of island nations! As you can imagine, these places will mostly have very different methods of payment depending on what is supported in each country, and also what the general population has really adopted.

This means two things. One, Betovo as a whole has a very strong emphasis on crypto payments over traditional ones, as crypto coins are universally accepted everywhere (not being tied to any particular country or company does have that effect). You can find a very wide assortment of cryptos available here, including Bitcoin, Tether, Ethereum, Dogecoin, and Litecoin, among others. It’s not literally dozens of coins like what dedicated crypto betting sites offer, but it’s good enough.

Betovo withdrawal

The second thing is that the traditional payment methods will be very limited, and will depend largely on where you live. Most countries will support Visa and MasterCard, but whether your country of residence also has Mifinity, Jeton, or eZeeWallet is anyone’s guess. As such, we strongly recommend that you check out the Payments page accessible from Betovo’s footer to see what is available to you before you decide whether to sign up for it or not.

Betovo Verification

But withdrawing from Betovo (or any other betting site for that matter) isn’t as simple as clicking on the Withdraw button and enjoying your hard-earned winnings. The first time you do this, you’ll need to go through a brief verification procedure that will help the site tie your account to a particular real person (you, obviously), and then run a background check on that person to make sure that they aren’t currently involved in any illegal activities like financial fraud.

This is because money laundering is a huge problem for many online betting sites, as a number of criminal organizations will use sites (either their own or popular 3rd party platforms) to place low-risk bets using illegally gained funds that they can then legally withdraw into legitimate banking and use for criminal activities. Verification was put in place to make this much harder to do, as if you’re someone with a known history of naughty behavior, you simply won’t be allowed to withdraw. As stated, this is a one-time process, so once you’ve been cleared of any suspicion, your subsequent withdrawals will be far easier.

How to Verify Your Account at Betovo

1

Navigate to the Documents tab

Go to your profile and, from there select Documents. If your language is different, the word or phrasing could be a bit different too – like “KYC”.

2

Obtain the Listed Paperwork

See the list of documents there, like “proof of ID” for example? Go and find them! You should already have most in your possession.

3

Take Clear Photographs

Use your phone to take clear, up-close photos of each document, front and back. After that, upload them to their respective places in the Documents tab.

4

Await Verification

Upon completing the upload, you’ll have nothing else to do but wait for the site to automatically complete the verification. So sit tight and grab a beer!

Frequently Asked Questions

As far as we can tell, most payment methods at Betovo will require a minimum of €10 to make your first deposit.

The minimum withdrawal for most payment options is also €10.

There is no clear indication at Betovo of how long it’d take for them to process your withdrawal. However, the standard tends to be about 3-4 days, and it’s unlikely it’ll take any longer here.

We strongly recommend using crypto when depositing and withdrawing here at Betovo. Not only does the site support a wide array of different crypto currencies, but crypto withdrawals will also be significantly faster than those made with credit cards.

No, Betovo does not appear to be charging any fees for withdrawals. However, keep in mind that if you withdraw via crypto, such as Bitcoin, you might need to pay a fee to sell those coins and turn them into your native currency, like euro.

David Kane, Author at Bettingsite.cc

Bookmakers reviewer

David Kane

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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.