LamaBet Withdrawal

4.6/5

David Kane, Author at Bettingsite.cc

Written by:

David Kane

Last Updated: Jun 04, 2024

Sports betting offer

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LamaBet is Restricted

LamaBet Withdrawal/Verification

Believe it or not, the games and bonuses aren’t actually the most important thing about an online gambling site! … Okay, fair, they’re pretty important – but there are other things which may derail even the best bookmakers! They are, of course, the payment methods and verification procedure. If you aren’t able to make a deposit easily, then who cares how many betting markets a match has, you won’t be able to actually wager on them! And if you can’t verify your account, then you can’t withdraw your winnings, and all of this would have been for nothing! Do you see now why these things are so important? But no worries – we’re here to help!

Payment Methods Available at LamaBet

To its credit, LamaBet does actually offer quite a lot of different payment options… generally speaking, that is. We say this because ultimately what methods you have access to will depend entirely on what country you’re from. Some methods will only be available in some countries (like, for example, Interac being Canada-only), and citizens of other countries will not be able to use them. So keep this in mind as we dive into the available methods!

LamaBet withdrawal

So, country restrictions aside, what is available here? Quite a lot, actually! Besides bank transfer and credit cards, which are available everywhere, you’ll also find a pretty big selection of e-wallets, including Skrill, Neteller, and Jeton. You’ll even find Google Pay and Apple Pay, which are fantastic and very convenient options for those of you who primarily plan to do their gambling on their phones!

Last, but certainly not least, we need to bring up crypto – because LamaBet has placed quite the emphasis on it! You can currently deposit and withdraw using nine different cryptos, including all the popular ones (Bitcoin, Ethereum, Tether, etc), but also a couple of more obscure ones (like Cardano or Tron). You can use crypto to both deposit and withdraw, and more importantly, depositing via that method will let you enjoy a number of crypto games available on the site!

LamaBet Verification

LamaBet verificationBut making a deposit at LamaBet is only one part of the equation. There’s also the verification procedure, which, like it or not, is something that’s going to happen to everyone right at the most exciting moment: when you’re about to withdraw! Indeed – in order to comply with international money laundering regulations, LamaBet (alongside practically every other online casino out there) is required to verify the identity of any player who wishes to receive money from it.

This identity verification is done in two steps. The first one involves you presenting certain documents documents to the casino staff that they can use to tie your profile to a real-world identity – for example, an ID card and a proof of address. Once the identity of the person behind your account has been established, LamaBet will run a background check to ensure you aren’t involved in any money laundering schemes or anything else unsavory like that. With your name cleared, your account will be verified, and you can go right back to withdrawing your funds! Keep in mind that this procedure will only need to happen once, and the ‘verified’ status is permanent.

How to Verify Your Account at LamaBet

1

Navigate to the Documents tab

First and foremost, go to your profile within LamaBet and find the Documents tab. Open it up and make note of the documents listed there!

2

Obtain the Documents

Track down and obtain all of the documents listed there. Chances are you already have all of them on you, so don’t overthink it!

3

Take Clear Photos

Time to play photographer! Whip out your phone and start taking clear, up-close shots of each document, front and back! Ensure that each document fully fills the frame of the camera!

4

Upload Your Photos to Your Profile

Last step! Go back to the Documents tab on your profile and start uploading all of the photos you just took! If you’re on mobile, you can just do it directly, but if you’re playing on PC you’ll have to transfer the photos there first.

Frequently Asked Questions

To participate in LamaBet, you’ll have to deposit at least €20 – although the exact number might be a bit higher depending on which currency you’re using.

Just like with the minimum deposit, the minimum withdrawal is currently set to €20.

Unfortunately, LamaBet’s terms and conditions have not given a clear answer on how long the processing time will be. With that said, the standard for most online casinos tends to be about 3-4 days until your winnings are dispatched to you.

Given the emphasis on crypto, depositing using most cryptos (for example, Ethereum or Litecoin) will result in an instant transaction once your winnings have been dispatched. However, using an e-wallet like Neteller will also lead to very fast withdrawals.

No, the LamaBet payments page very clearly indicates that it will not charge players any fees when they’re making a withdrawal. However, some payment methods may incur a fee of their own when transferring from them into your bank account – for example, crypto and e-wallets. To avoid fees, we recommend using your credit card, though that will in turn lead to slower withdrawals.

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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.