Booms Bet sports betting

Booms Bet Withdrawal

5.0/5

David Kane, Author at Bettingsite.cc

Written by:

David Kane

Last Updated: Oct 07, 2024

Sports betting offer

Up to EUR 300 + 75 Free Spins

Booms Bet is Restricted

Things here went a bit too serious for my liking considering the offshore nature of Booms, but in the end, I managed to cash out as much as I wanted, so all was good.

Booms Bet Verification/Withdrawal

Booms Bet verificationNo other two procedures are as tightly connected as verifying your identity in front of the casino and receiving your withdrawal successfully. For them to pay out your winnings, well-deserved as may be, you’ll need to prove you are who you claim to be. Would you like another person impersonating you to get the funds? No? Well, now you get the first.

The only potential pitfall of this process is it being overly stringent with no assurance of the site’s own legitimacy – things might start feeling unbalanced. We’ll see if that’s the case here, and also tell you about all things money like limits and fees, in this section called ‘Verification and Withdrawal’, so stick around!

Payment Methods, Deposits, and Withdrawals at Booms Bet

Here at Booms Bet, the list of payment methods is wonderfully varied, both fiat and crypto. It includes Bank Transfer, Visa, Mastercard, Apple Pay, and Google Pay for traditional fiat currencies. Crypto users can deposit and withdraw with Bitcoin, Ethereum, Litecoin, Tron, USDT, or Dogecoin.

Deposits here should be at least €20, and there is a maximum deposit limit of €5000 for Visa and Mastercard, per transaction. There’s also a daily limit of €10,000 and a monthly one of €15,000 for all card deposits.

Withdrawals need a minimum of €40, and have a maximum limit of €5000 per transaction for cards, just like with deposits. Also, non-jackpot winnings have a monthly limit of €20,000, just so you know. All withdrawals can trigger the site's KYC procedures, and your funds should usually be processed within 2 days.

Booms Bet withdrawal

Booms Bet accepts 15 currencies — EUR, NOK, PLN, CAD, USD, AUD, NZD, CHF, DKK, HUF, CZK, JPY, HRK, SGD, and KRW. However, there is a conversion fee enforced if your payment account operates in a different currency than the platform. This could definitely be a pitfall to mind. Lastly, the minimum turnover is just 1x, which is awesome.

Booms Bet Verification

Booms Bet’s verification process has 4 parts and can feel a bit excessive for an offshore establishment where you might expect things to be more lenient, in a way. The 4-step procedure begins right at registration: name, address, and date of birth will be asked of you. Also, though, they take things further by screening you against all the international sanctions lists possible.

If you deposit or withdraw over €2000, Booms Bet will trigger another check, with a request for your nationality, place of birth, and an ID check. At this point, they will also ask for utility bills or bank statements to verify your address, which seems a bit much, considering that some casinos would stop at just verifying your ID.

For those with larger amounts like €5000 or more, the process will get to the next level. They’ll ask for proof of how you acquired your money, and keep a close eye on all of your transactions, especially if you're considered a ‘higher-risk individual'. If you're worried about that, you can check the ‘Risk Assessment' part of the ‘AML and KYC Policy' menu tab.

The final step is a rare, scary Boogeyman, which is called ‘Enhanced Due Diligence'. If things come to it, they’ll monitor your activities even more closely, and ask for even more personal details. Things here might mean selfies with your documents, video calls, and many more jumping-through-hoops steps.

How to Verify Your Account at Booms Bet

1

Wait for Booms Bet to prompt you

The site will let you know when you’ve hit the threshold of any of its verification steps.

2

Check what documents are needed

The verification team will let you know which documents to present.

3

Gather and submit all documents

Find and prepare all the documentation, then send it in via email or live chat.

4

Wait for processing

Wait for the site’s decision, and contact them for updates if needed. Patience is key!

Frequently Asked Questions

Booms Bet has a minimum deposit of just EUR 20!

The minimum withdrawal is on the higher end – EUR 40. Still within the industry standard, though.

The site claims to process them within 2 days if no other checks are to be performed.

All the cryptocurrencies are associated with instant withdrawals.

There is a conversion fee if you decide to withdraw to an account with a different operating currency than your balance.

Booms Bet 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.