WBetz Withdrawal

WBetz Verification/Withdrawal

The verification process is a prerequisite pretty much everywhere before making a withdrawal. At the very least, this is the norm for the sector that we've seen time and time again. Also, it's really reasonable; after all, nobody wants to wire money to an unknown guy, no matter if it's a business, a person, or anything else. Know Your Customer (KYC) procedures are important to player authentication, are implemented globally, and cannot be avoided even if we'd love that. Thanks to checks like that, the place that you play makes the environment safer, so if it seems pointless or repetitive, you can keep that in mind.

In the next sections, we will inform you about WBetz's verification and finance approaches. Your betting will hopefully go much more smoothly if you are familiar with all the complex regulations, and we can assure you will benefit from paying attention here. Read on to find out all you need to know about the various payment options, paperwork requirements, hidden costs, and transaction limits. How about we jump right in?

Payment Methods, Deposits, and Withdrawals at WBetz

At WBetz, deposits and withdrawals are done with a limited but quite reliable selection of payment methods which includes Visa, Mastercard, MiFinity, Bitcoin, Ethereum, Litecoin, and Tether. To be fair, the range of options is somewhat smaller than we expected, but it still covers traditional and cryptocurrency methods, which is one of the main requirements we have.

The minimum deposit amount here is set at €15, so it's accessible to most bettors regardless of their budget. Now, the minimum withdrawal amount is €50, which can be slightly high for some users and far from what we'd call ideal. Withdrawals are limited to €2,500 per day, €7,500 per week, and €15,000 per month.

One small catch we noticed is that if you win more than €15,000, the payout will be in monthly chunks of no more than €15,000 until the full amount is in your pocket. If you'd like to get the entirety right away, it won't be possible.

The platform has a minimum turnover of 1x before withdrawals, which is fair and favorable for bettors, unlike many sites with much higher thresholds.

WBetz Verification

The verification procedure at WBetz is pretty well-structured, at least at first glance. The minimum identification info set here includes your full name, date of birth, permanent residence address, and identification number. To give them this information in a verifiable way, you should provide a valid passport or ID card and a document confirming your current permanent residence address, like a utility bill or bank statement, which can't be older than six months. The proof of address rule here is pretty chill, considering that most casinos want one that is no older than three months, and here the time is doubled!

Some additional documents might be requested, too. These can be a second form of national ID (like a driver’s license), a photo of you holding your passport next to your face, or a bank card photo with all the non-sensitive digits of it visible. What can tank your verification is mismatched information, illegibility, damage, or other unmet criteria, so make sure that everything matches the site's requests.

When your documents have been submitted, you will be named “Temporarily Approved”, so some limited platform use will be possible while the KYC team works on your documents, which happens within 24 hours most of the time. Depending on what happens during the review, the documentation will either be approved, rejected, or need more clarifications. You won't be given the option to make withdrawals until your documents are fully approved, and if they end up not being approved, you will get feedback, which is the coolest part, in our opinion.