It's best to know the steps when it’s time to cash out and take your winnings from a poker room. Luckily for you, the BetOnline withdraw process doesn’t take long. Still, there are limits to be aware of and some methods are more convenient than others. We’ll explain everything so that you avoid every obstacle and unnecessary expense.
BetOnline is over 20 years old, with a cashier that serves poker players, sports bettors, and online casino gamers.
- BetOnline allows withdrawals from PCs and smartphones.
- You must use the same method to withdraw as you used to deposit.
- Your account should be verified with documents (before withdrawing).
It’s great that you’ve got winnings to withdraw. Let’s get that money into your bank as conveniently as possible.
Before You Start Withdrawing – Are You Verified?
Every poker room makes players jump through a few extra hoops for withdrawals. That’s not to keep your money on the site and frustrate you; it’s to secure your funds. If it was easy to take your bankroll to an unsecured online wallet or bank account, online poker wouldn’t feel very safe.
You must verify your BetOnline account to make a smooth withdrawal.
Here are the steps:
- Log in to your BetOnline account and head to the cashier.
- You’ll see a tab called Settings. Click it.
- In this window, you can submit two documents for verification.
You can upload a driver’s license, passport, utility bills, and a few other documents. If your documents pass or fail, you’ll receive a notification. Once you’ve done this, BetOnline will know that your bankroll is going to the right person.
How to Withdraw Your Funds from BetOnline
- Once verified, head to the BetOnline cashier in the PC or smartphone app.
- Select Withdraw from the tabs along the top of the window.
- You’ll see the withdrawal options that you can use. Depending on your specific situation, you may see just one or two options.
- Input the amount and follow the payment processor's steps. Cryptocurrency users will need to supply an address.
After you finalize your withdrawal, BetOnline will either accept the transaction or reject it. Usually, this is because of unverified accounts or regulations.
Check the Status of Your Withdrawal
If you check on the Withdrawal Review page, you may see one of many statuses beside your withdrawal. We’ll explain what each one means.
- Requested: Your withdrawal has been requested and can be canceled if you choose.
- Under Review: Your request is being reviewed.
- Authorized: It looks like your deposit request was successful.
- Pending: An undebited withdrawal request.
- In Progress: BetOnline is confirming the withdrawal with the payment processor.
- Processed: Your request is fulfilled and funds are submitted,
- Canceled: Your request was canceled.
- Rejected: Your withdrawal did not meet the terms and conditions.
BetOnline Withdraw Options and Limits
Although BetOnline supplies dozens of options, the fees are high for traditional methods.
Bitcoin and other cryptocurrencies are the best way to withdraw, without a doubt. There are usually no fees and the transactions should take very little time.
| Withdraw Option | Minimum | Maximum | Withdrawal Frequency | Fees |
|---|---|---|---|---|
| Bitcoin | $200 | $100,000 | 1 per day 2 per week | Variable Fee |
| Person to Person | $50 | $400 | See app | $26 to $51 |
| Cryptocurrency | $20+ | Varies | 1 per day 1 per week | Usually Free |
| Ethereum | $200 | $100,000 | 1 per day 2 per week | Variable Fee |
| Litecoin | $20 | $100,000 | 1 per day 2 per week | Free |
| Money Order | $500 | $5,000 | 1 per week | $80 |
| Check by Courier | $500 | $2,500 | 1 per day 1 per week | $50 minimum |
| Wire Transfer | $500 | $25,000 | See app | $45 to $60 |
You can also withdraw from BetOnline with these options:
- Neteller
- Skrill
- ACH
- Bank wire
- Money Gram
- Cash Delivery
When Will You Get Your Money from BetOnline?
BetOnline advertises 24-hour processing times for almost all withdrawal methods, except cryptocurrency. This can take just a few minutes, depending on processing times. On the other hand, Check by Courier and Bank Wire both take over a week to process.
Withdrawals are processed at BetOnline during business days (Mon-Fri), between 9 am and 1 pm Eastern Standard Time.
Most withdrawals are quick after processing, especially with crypto, but 24-48 hours is a reasonable timeframe to expect your winnings.
Here’s what happens during an average withdrawal:
- You complete your deposit request in the BetOnline app.
- It can take up to 24 hours for your request to be reviewed.
- After the initial review, processing the request takes approximately 24 hours.
- After processing, the fastest withdrawal methods are credited right away.
Crypto is one of the fastest and least expensive options for withdrawals from BetOnline. Many of the coins are fee-free and should reach your wallet within 24 hours. If that isn’t convenient, the cashier has other options for you.
Switching Poker Sites? (Bonuses Are Waiting)
Now that your winnings are on their way from BetOnline to your bank or wallet, what’s next?
Poker sites always do their best to attract new players. You’ll always get a welcome bonus of some kind, but not all bonuses are created equal.
With small deposits, players can bag a nice welcome bonus on GGPoker. There are two different bonuses to choose from, plus a 30 Day Honeymoon with up to $300 in rewards. On a deposit of $20, you can grab $50 in free play money – or a standard matched bonus to double your $20. Either way, the bonus cash will be released in increments.
For larger deposits, it makes more sense to collect the maximum reward. In this case, that’s Americas Cardroom (ACR Poker). They have the largest bonus right now, a 100% match up to $2,000.
