Withdrawing winnings can be a very exciting process, especially for those who are facing this procedure for the first time. Therefore, it is important to familiarize yourself in advance with the principle by which the clients of a particular bookmaker dispose of the finances that are stored on their gaming account. It is also necessary to take into account possible commissions and conditions of transaction processing. To make this process as smooth and comfortable as possible, follow our recommendations and instructions.
- 1xBet;
- 22Bet;
- Betwinner;
- Megapari;
- Paripesa;
- Mostbet;
- Bet9ja;
- Betking;
- Sportybet;
- Betway.
Basic conditions for withdrawal of funds
Each bookmaker's office establishes special rules for withdrawal of funds from a player's in-game to real account. This is done to ensure control over financial transactions, protection of user data and compliance with local legislation. Withdrawal requirements may differ from each other depending on which company you are a client of. Below we have listed some of them that are considered universal:
- Minimum age. The bettor is obliged to familiarize himself with the peculiarities of the internal policy of the gaming platform, the user of which he is going to become. As a rule, on the website of each betting operator there is information about the minimum age of players, established by local law.
- Account Verification. The verification process is considered to be passed if the bookmaker has approved the documents confirming the player's identity (passport, driver's license, etc.) and his residential address (utility bills, bank statements). This point is necessary, as this procedure protects the user's account from fraudulent actions and helps the company to carry out its activities within the law.
- Compliance with the maximum and minimum withdrawal amount. Most bookmaker companies set the minimum withdrawal amount, which, as a rule, ranges from 10 to 50 units of any of the currencies. Of course, there is no standard value for limits, as it varies from platform to platform, so it is important to find an organization whose conditions would suit you.
- Fulfilling the requirements for the use of each payment method. Also the player needs to correctly fill in the details, namely the number of the card, bank account or e-wallet. Remember that errors in the data can lead to a refusal in payments. Withdrawal processing time can take from a few hours to a few days, so check the data carefully before sending it for processing.
- Commission fees. Some bookmakers may charge a withdrawal fee, the amount of which depends on the specific method. It is necessary to take this point into account before making a choice in favor of one or another payment method.
- No unfinished bets. Make sure that all your bets are calculated and you have no debts that could affect the possibility of withdrawal.
- Inactive Account Policy. If an account has not been used for an extended period of time, as specified in the bookmaker's terms and conditions, the company may charge an inactivity fee or impose additional conditions for withdrawal.
Follow these requirements and have peace of mind while managing your winnings.
Tips for safe withdrawal
Despite the appeal of online betting, many users run the risk of questioning the security of transactions on a particular betting platform. Lack of knowledge, ignorance of the rules and hasty actions can cause problems. In order to avoid them, pay attention to whether the company supports responsible gambling and competent financial management. Also check the legitimacy of the bookmaker and the offered withdrawal methods for reliability.
How do I withdraw my bet winnings?
In order to properly prepare for withdrawals on most betting platforms and casinos, follow these tips:
- Choose a reliable betting operator. Get as much information as possible about the bookmaker you are going to become a client of. Make sure that the company operates legally in Nigeria and has a good reputation.
- Register and confirm your account. Without registration, you will not be able to place bets and therefore, you will not be able to make money on the platform. Once your account is created, be sure to verify your identity by providing your ID card, bank statement and a document proving your ability to pay. Verification in advance will help you avoid delays in the withdrawal process.
- Fund your account and place a bet. Before betting on sports, study the statistics of the teams, as well as review the possible outcomes of events. Choose the niche that suits you best and keep a close eye on the current information to be able to react to these or those changes. This approach will help you master all the subtleties of the game and significantly increase your chances of winning big, which will be much more pleasant to withdraw.
- Wait for all your bets to be settled. As soon as the event on which the bet was placed is over, its results will be published in the sports section of the betting site. You will be able to check the status of the bet in the forecast history
- Check the withdrawal methods. Each betting company offers its own unique payment system, which includes a diverse number of methods. All of them are familiar to Nigerians, so you are sure to find a way to cash out your profits quickly and safely.
- Research the withdrawal requirements. Use the reference material found in the additional information section, and make sure that your Personal Profile contains all the details you need to withdraw. Be careful, any mistakes can cause delays or serious losses.
- Make the payment. Click on the payment method and fill out the form that will be displayed. As a rule, bookmakers require to specify the withdrawal amount and details of the payment instrument, but in some cases, companies may request documents identifying the identity of the account owner.
- Wait for the end of the procedure. After a certain time you will receive a notification about the receipt of funds to your account.
Why I can't withdraw my money?
It is not uncommon for players to receive an unexpected and extremely unpleasant surprise in the form of rejection at the withdrawal stage. A withdrawal request may be rejected for the following reasons:
- Error in the amount requested. The requested amount may be outside the limits or exceed the player's balance;
- Error in the wallet or account number. If the system recognizes that the account with such number does not exist, it will instantly deny you the procedure with a request to recheck the data;
- Different player phone numbers. When registering, you enter your contact information, so the number specified at the withdrawal stage must match the one in your Personal Cabinet;
- The withdrawal method is different from the deposit method. Bookmakers do not recommend using different methods to withdraw funds;
- Attempting to withdraw the bonus. The bonus cannot be withdrawn until the accrued funds have not been wagered. Any attempt to make a withdrawal is instantly blocked;
- An attempt to transfer money to an account with different data. The personal data of the player, specified as details, must match the information in his identity card;
- The account is not verified. As you remember, verification is an integral stage of the withdrawal procedure, so until your account is verified, you will not be able to manage your account;
- Re-creating an account in your own name. If the system recognizes that the same data has already been used on another account, the player will be denied withdrawal.
If you suddenly encounter this problem, immediately contact the support service and be patient while waiting for a response. Legal bookmakers promptly respond to incoming complaints and provide a fair review of the situation, respecting the rights of their customers.
Popular methods to withdraw money in Nigeria
To use the withdrawal service, the player only needs to authorize and contact the appropriate section on the website of the bookmaker, whose client he is. If the platform does not contain any information on payment methods or offers a minimum of data, contact the support service. After selecting the payment method, the user will only need to choose the withdrawal amount and confirm his intention.
To analyze the popularity of Nigerian withdrawal methods, we used a table in which we included key parameters: the name of the leading bookmaker, available withdrawal methods, limits and processing time.
| Nigeria's top bookmakers | Payment methods | Withdrawal limits | Transaction processing time |
| 1xBet | E-wallets, bank transfer, payment systems, crypto | E-wallets (min: ₦550) Bank transfer (min: ₦550; max: ₦9,999,999) Payment systems (min: ₦20,000) | E-wallets (15 minutes) Bank transfer (1-5 business days) Payment systems (1 day) |
| Betwinner | E-wallets, internet banking, bank transfer | E-wallets (min: ₦1,000; max: ₦300,000) Internet banking (min: ₦1,000; max: ₦300,000) Bank transfer (min: ₦550; max: ₦300,000) | E-wallets (15 minutes) Internet banking (15 minutes) Bank transfer (1-5 business days) |
| 22Bet | Internet banking, bank transfer | Internet banking (min: ₦50; max: ₦1,000,000) Bank transfer (min: ₦20; max: ₦2,000, 000) | Internet banking (15 minutes) Bank transfer (15 minutes) |
| Paripesa | E-wallets, internet banking, bank transfer | E-wallets (min: ₦1,500; max: ₦750,000) Internet banking (min: ₦500; max: ₦1,00,000) Bank transfer (min: ₦100; max: ₦32,000, 000) | E-wallets (15 minutes) Internet banking (15 minutes) Bank transfer (1-5 business days) |
| Bet9ja | Bank transfer, e-payments | Bank transfer (min: ₦1,000; max: ₦9,999,999) E-payments (min: ₦1,000; max: ₦500,000) | Bank transfer (1-5 business days) E-payments (instant) |
Based on these factors, it can be concluded that the most common payment method is bank transfer. This instrument is ideal for large payments.
FAQ
Can I withdraw a large amount from betting sites?
Each bookmaker sets its own withdrawal limits, so if the player complies with all the conditions and the withdrawal amount does not exceed the established limits, the transaction will be carried out.
How can I find out which account my money was withdrawn to last time?
Many companies provide an opportunity to view the history of completed transactions, which lists all money transfer operations and their details.
How will I know if my account has been blocked?
If withdrawal of funds is not possible, you will receive a notification to your mail address about blocking your account at the bookmaker's discretion. Players face this decision for various reasons, including suspicious activity, failure to meet certain conditions or verification problems.
What is the minimum withdrawal for bookmaker?
Each bookmaker sets its own limits on payments.
What time does the bookmaker withdraw money?
The payout procedure at betting sites is available 24/7.