Betfarm withdraw and deposit

Last updated on by
Desmond Shehu

Betfarm Bookmaker has the status of a young but quite advanced company specializing in betting acceptance. The services of the organization are extended to Nigerian punters.

In today's world where mobile devices are in our hands 90% of the time, the field of betting is rapidly progressing. Bookmakers adding to the betting market one after the other are providing their customers with the option to place bets in any format that suits them, namely via desktop technology or handheld gadgets. The option to deposit and cash out your winnings is available in two options for users of Betfarm's online platform as well. The choice is yours to make.

The content of this review is aimed at highlighting the features of the payment system operating for customers of the bookmaker Betfarm, as well as studying the procedure for opening an account and withdrawing funds from the player's balance. The article is relevant for new bettors.


How to become a Betfarm client?

Becoming part of the friendly Betfarm team is quick enough. The registration button is right in the middle, so you'll easily find it as soon as you visit the company's website or mobile app.

Registration button on the Betfarm website

We already have several articles, which prescribe a detailed algorithm for creating an account in the electronic base of Betfarm betting company. Familiarize yourself with the content of one of them and use any guidance provided.

Features of the payment system on the Betfarm website

With Betfarm you can bet on both major and minor cups, leagues and tournaments taking place all over the world.

An equally important factor that significantly influences the choice of a bookmaker is the system of payment operators, thanks to which you can deposit and withdraw money. At the time of writing the review, Betfarm offers its Nigerian customers the following popular deposit methods:

  • Paystack.
  • Verve.
  • MasterCard.
  • Visa.
  • Quickteller.
  • ATM Card.
  • Voucher.
  • GTB Bank.
  • Intertnet Banking.
  • Instant Bank Transfer.
Deposit Payment Methods

It is possible to withdraw the won funds only with the help of Paystack, as evidenced by the corresponding section of the bookmaker.

Withdraw Payment Methods

Deposit limits

As you know, a significant part of sports betting operators set certain limits, that is, they specify an amount denoting the contribution threshold. For example, if the minimum deposit amount is 100 NGN, then the user can not put on his account an amount less than this. Or if it is stated that the minimum withdrawal amount is 1000 NGN, it means that less than 1000 NGN cannot be withdrawn from the account.

The minimum deposit amount set by Betfarm is 100 NGN.

The minimum withdrawal amount is 100 NGN.

Supported currency

In order to ensure that Betfarm customers residing in Nigeria do not experience difficulties with currency conversion and transfers, the company allows the operation of the national monetary unit expressed in NGN.

How do I open an account on the Betfarm website?

Please be warned that you will be able to open an account and make your first deposit only after registration and data verification. If you try to deposit without confirming the information specified at the stage of account creation,

After the identification you will be ready to deposit money to your player account. In order to find the deposit button, go to your Personal Area and find the "Wallet" tab. Go to the wallet page and click on the "Deposit" section.

As soon as the system redirects you to the right page of the website, you will be able to choose one of the deposit methods. Then you will just have to follow the terms and conditions specified in the instructions.

* Please note that the requirements for each option are different, so be careful when using one or another payment method.

How to withdraw winnings from your Betfarm account

Withdrawing funds from your Betfarm account is as easy as depositing. A good advantage is that you can withdraw money both on weekdays and weekends.

The instructions for withdrawing your winnings from your account are as follows:

  • Log in to your account, from the balance of which you want to withdraw money.
  • Go to your personal cabinet and click on the "Wallet" section to go to the page that allows you to make financial transactions.
  • Select the "Withdraw" tab and choose the transaction method.
  • Specify the amount you wish to withdraw.
  • Click on "Withdraw" and follow the prescribed algorithm to continue the procedure.

* The amount of commission depends on the payment method you choose.

* If you withdraw your winnings for the first time, the online platform may ask you to provide proof of identity.


  • How long does it take to withdraw funds from Betfarm?

    It takes up to 3 business days to process a withdrawal request. 

  • What is the minimum amount I can bet on?

    The minimum bet amount is the same as the minimum deposit value and is 100 NGN.

  • What sports does Betfarm offer?

    The bookmaker supports not so many sports. Among the represented disciplines are soccer, big tennis, basketball, volleyball, hockey, baseball, handball, cricket, golf, rugby, snooker.

  • Where can I view my transfer history?

    The "Balance History" section is located where the "Deposit" and "Withdraw" buttons are, i.e. on the "Wallet" page.

  • Where can I get verified?

    In order to confirm the data, go to your Personal Area and find the tab responsible for the verification procedure.

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145600 NGN