FezBet Withdrawal

FEZbet Verification & Withdrawals

While it's great that betting platforms care about their users having fun, there are times when you have to take things seriously since, after all, money is on the line, even if you are visiting in order to have a little fun. Here, we need to go over and thoroughly explain certain specifics of the interconnected verification and withdrawal processes, which will be of utmost importance down the line.

The procedure of making a deposit at most modern online sports betting sites is quick and easy. On the other hand, withdrawals are a bit more difficult. In this section, we will go over all the details, including how to verify your account, which is part of the process that is associated with making a withdrawal. At the very least, this is timeless knowledge because it is true of the vast majority of online betting platforms you will ever encounter.

A standard set of papers attesting to your identification and financial information is required by the majority of sports betting companies and the same holds true here. Making sure there is no suspicious activity happening on their platform is of the highest importance for every sports betting platform like this one. This way your safety will be completely insured but the platform will also ensure its own security.

Nevertheless, in this particular instance, the verification procedure is initiated after you have sufficient funds in your account, have met the wagering criteria that will be discussed shortly, and have attempted to make your initial cash-out request with FEZbet. You shouldn't be concerned about the rare instances where the site will ask for your details earlier so we won’t be focusing on that in this section.

Withdrawal & Payment Options

Alright, let's review the betting site's terms and criteria before we move on, as, obviously, you will need to submit a withdrawal request before you can even verify your account. You must be aware that, depending on the payment method you use, there is a minimum amount that can be requested for withdrawal. Nevertheless, this platform has multiple methods that require only a small amount of €10 in order to allow you to submit a withdrawal, which is a very reasonable sum.

After you get the total, you must verify that the remaining funds have been rolled over sufficient times. What we mean is that there are two distinct situations, each with its own set of details, and you're bound to follow the wagering rule in each case. This might sound a bit boring and dull, but it is, arguably, the most important condition that you have to meet to get the green light to make a withdrawal request.

To start, you'll have to meet the wagering requirement on every deposit you make. If you've got a bonus with that deposit, though, those requirements might be much higher. Here, we'll ignore any bonus-related wagering requirements and concentrate on the one that applies to your deposit only.

Such deposits are known as regular deposits. Therefore, in order for the platform to authorize any withdrawal requests, you are required to play the whole amount of your deposit once, which is known as the 1x wagering requirement rule, for normal deposits. However, a 10% flat fee, with a minimum of €0.50, will be applied by the betting site for any withdrawals that do not comply with this condition.

Various payment methods are available at the platform, but those will solely depend on your location. Popular options include Visa and MasterCard for debit and credit, Skrill, Interac, MiFinity, Klarna, Neteller, and various cryptocurrencies such as Bitcoin, Dogecoin, Solana, Bitcoin Cash, Tether, Ethereum, and others.

After that is taken care of, you will be prepared to make your initial request for a withdrawal. This may be accomplished by going to the cashier section and selecting the withdrawal tab. Once you reach that page, select the cryptocurrency or fiat payment method you like, input the desired withdrawal amount, and finally, submit the request.

Verification Procedure

At this point, we will start the verification procedure. Betting platforms differ in their verification policies; some let you provide your data and documents at any time, even after you've just created your account, while others will request them whenever they think it's necessary, but those platforms usually do that when you first submit your withdrawal request.

Because this betting site is one of the latter, you won't know what paperwork to send in until you hear from them by phone or email. But there's enough information in the T&Cs to have yourself prepared in advance. Specifically, it states that, in most cases, the platform would request a couple of specific documents from you in order to verify you are who you say you are.

You shouldn't be worried because the processes involved in this system are routine and are something found at every online betting platform out there. On the other hand, you can easily save time by preparing these documents in advance. A recent, clear photocopy of a legitimate document such as an ID issued by your country’s government, proof of residence in the form of a paid utility bill, and, last but not least, a bank statement are all items that will be required.

You can swap the ID with another similar document such as a driver’s license or a travelling passport. Whichever it is, it needs to be scanned clearly. You can also take a high-quality picture using your phone device, but it needs to show your name and all other information clearly.

In the other case, with the utility bill, the same needs to happen. What is important is for this file to clearly show where you are currently residing and, once again, your name. Often times the betting site will also require that there is a jurisdictional stamp on these papers.

As for the bank statement, it needs to include a deposit that you’ve made towards the platform at any point, the amount you’ve deposited, your name, and a stamp from the bank.

After submitting all these files, there will be a period when you'll need to be patient. The FEZbet finance staff will analyze the papers you supplied during the following several days, according to the terms and conditions, but no precise time range is indicated.