Betway Casino allows players to deposit and withdraw through reliable payment methods, each offering different benefits. Depending on your preference, you can opt for one of the many banking options available. Rest assured that your transactions will be safe and secure.
Throughout this article, we’ll introduce the best deposit and withdrawal methods at Betway Casino, explain how to process these transactions, define the limits each payment method imposes, and give tips on benefiting from any deposit-related promotional offers.
You’ll also learn when and how to declare your winnings from Betway Casino and how long each transaction will take.
What Are the Best Betway Deposit Methods?
Betway Casino allows players to fund their accounts through several payment methods. Each option has set minimum and maximum limits and varying processing times. Below, we’ll give you an overview of each deposit method so you can make an informed choice when funding your account.
Play +
Betway Play+ Card is an excellent option to deposit into your account, as you can also use it in all establishments that accept Discover. The payment method works as a prepaid card, which you’ll have to register with. Once you have a Play+ account, you can use your debit or credit card to fund it.
- Minimum deposit: $10
- Maximum deposit: $10,000
- Transaction time: Immediate
- Fees: None
- Bonus eligibility: Yes
Credit Cards (Visa/Mastercard)
You can use a Visa or Mastercard credit card to deposit into your Betway account. This is one of the fastest casino payment options, especially since you don’t need to register any new account with a financial provider as long as you have a credit or debit card. The casino will save your credit card information, and you’ll only need to enter the CVV for subsequent deposits.
- Minimum deposit: $10
- Maximum deposit: $5,000
- Transaction time: Immediate
- Fees: None
- Bonus eligibility: Yes
PayNearMe
Players can use the PayNearMe deposit option by selecting it in the cashier section, following the instructions in the email they’ll receive, and printing the unique barcode associated with their deposit. They’ll have to take this barcode to their local 7-Eleven, CVS, or Family Dollar to complete the deposit.
- Minimum deposit: $10
- Maximum deposit: $500 per day
- Transaction time: Immediate
- Fees: None
- Bonus eligibility: Yes
VIP Preferred (ACH Transfer)
Betway accepts deposits through VIP Preferred. However, if this is your first time using this method, you’ll have to register using a government-issued ID (e.g., driver’s license or state ID) and enter your ACH account details. Once you use this deposit method, the casino will save your details, and you can pick the option for subsequent transactions.
- Minimum deposit: $10
- Maximum deposit: $50,000
- Transaction time: Immediate
- Fees: None
- Bonus eligibility: Yes
Fastest Deposit Methods at Betway Casino
One excellent advantage of playing at Betway Casino is that all deposit methods process transactions instantly. As such, you can pick any options you want, and rest assured that your money will become available immediately. We recommend that you opt for deposits with credit cards as it’s incredibly convenient, and you can do it from your home at a computer or through the Betway app.
How to Make an Online Deposit at Betway Casino
You’ll first have to register a player account if you’d like to deposit funds to play at Betway Casino. The good news is that this is a simple and quick process, and you have to follow these steps:
- Follow any of the links on this guide to launch Betway Casino
- Click on “Join Now" in the top right corner of the screen
- Fill in the registration form
- Verify your account through the confirmation email the casino will send you
Once the casino activates your account, you can click “Deposit" on the top part of the screen. You’ll have to pick one of the available payment methods, select how much you wish to deposit, and complete the transaction process according to the instructions on the screen.
Does Betway Match Your First Deposit?
All newly registered players can benefit from a Betway Casino welcome bonus of a first deposit match of 100% up to $1,000.
You can pick this bonus during the registration process, so make sure to tick the box before completing the form. Once the casino verifies your account, you can make your first deposit through any available payment method.
It’s important to note that the maximum possible bonus amount is $1,000. This means that if, for instance, you make the first deposit of $1,500, you’ll still only receive $1,000 in bonus funds.
Betway Deposit Match Promo Code
Betway Casino wants to ensure all players are treated the same, which is one of the reasons why you don’t need to use a Betway promo code to benefit from any currently available promotions.
With this in mind, you need to click on the “claim" button on the casino’s promotions page and follow the instructions on the screen to benefit from its offers.
Nevertheless, Betway may require players to use a promo code in the future. To ensure you never miss out on any reward, we recommend thoroughly reading the promotion’s terms and conditions before claiming them.
Is There A Betway Deposit Limit?
Each payment method at Betway Casino imposes a minimum deposit limit of $10 while establishing varying maximum limits. The maximum deposit limits vary between $500 per day if you process the transaction through PayNearMe and $50,000 if you deposit through VIP Preferred.
Additionally, as part of its responsible gaming tools, Betway allows players to establish individual deposit limits for their protection. You can set your deposit limits by navigating to the “Responsible Gaming" section on the casino’s menu and selecting “Deposit Limits".
Betway allows you to establish daily, weekly, and monthly deposit limits and other types of self-protecting limits, such as loss limits.
How Do You Withdraw Money from Betway?
Withdrawing money from your Betway account is a simple process, especially since you can use the same depositing methods. We recommend you opt for the same banking option you used for deposits when requesting a withdrawal.
You’ll have to verify you’re the rightful owner of each payment method you add to your account. The verification process can take a couple of days, which means that if you get a payment option verified during the deposit, you won’t need to wait for the casino to confirm it for the withdrawal.
Play +
Betway recommends players use the Betway Play+ Card for withdrawals, as it operates quickly. To withdraw with this payment method, navigate to the cashier section, select Play+, and insert the amount you wish to withdraw.
The information about the minimum and maximum withdrawal limits will be available in the cashier section. Usually, transactions through Play+ Card take two to three business days.
Credit Cards (Visa/Mastercard)
Players can use Visa and Mastercard to withdraw their funds from Betway Casino. As mentioned, the platform saves your card details, allowing for a smooth withdrawal request.
Although Betway doesn’t charge transaction fees, the banking institution where you got your credit card might. Due to this, we recommend that you contact your bank to learn more about this.
VIP Preferred (ACH Transfer)
Transactions through VIP Preferred take longer than other payment options, and you may need to wait up to seven business days to receive the money in your account.
Nevertheless, Betway Casino indicates that, in their experience, the transactions are processed much quicker than that. Please get in touch with the customer support team if you request a withdrawal through this method, and it takes longer than seven days.
Fastest Withdrawal Methods At Betway Casino
If you’re interested in receiving your winnings quickly, we recommend you opt for the Betway Play+ Card when processing the request. This is the fastest withdrawal option, and you should receive your funds within two to three business days.
Are Betway Winnings Taxable?
Betway reports winnings to the Internal Revenue Service and state taxing authorities for:
- Any slot bet that results in winnings of $1,200.
- Any bet that results in $600 or more winnings if the proceedings are at least 300 times higher than the wager.
The casino will also withhold taxes on any bet that wins $5,000 or more, or at least 300 times the wager amount.
We recommend you thoroughly read Betway’s terms and conditions to learn about online casino proceedings’ withholding and tax aspects.