Whether you’re already a customer or you’re just looking for information, this 22bet withdrawal guide tells you everything you need to know about collecting your winnings from this betting site.
For players who are yet to sign up, it’s worth checking out the latest 22bet promo code. This gambling site has some stellar new customer offers, including a 100% matched deposit welcome bonus up to N50,000 for sports and a 100% matched deposit bonus of up to N130,000 + 22 Bet Points for use in the casino.
How Can I Withdraw My 22bet Bonus?
If you take advantage of one of 22bet’s first deposit bonuses, it’s important to know how to withdraw the winnings. The actual withdrawal process is the same as any other, which is explained in detail further down the page.
However, before arriving at the withdrawal stage, players need to convert the bonus funds into real money by completing the wagering requirements. This amount varies depending on the bonus you pick.
on 29 September 2023
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22bet Sports Bonus
If you opt for the bonus to be added to your sports betting account, the terms and conditions specify that:
- Players need to wager the bonus amount 5x on accumulator bets.
- Each accumulator must have a minimum of three selections.
- At least three of the selections in the accumulator must have betting odds of 1.40 (European decimal) or above.
- Players have seven days to complete this wagering requirement.
- Any winnings are completion of the wagering can be withdrawn.
22bet Casino Bonus
The wagering for the 22bet casino bonus is different from the sports offer. Here’s what you need to do before you can withdraw the winnings.
- The bonus amount must be wagered 50x.
- Game weighting and maximum bet rules apply.
- Players must complete the wagering requirement within seven days
- Once the wagering is done, the winnings are automatically transferred to your real money balance.
- You can now withdraw the money from your 22bet account.
How To Withdraw Money From 22bet?
When you’re ready to withdraw money from 22bet, you’ll be delighted to hear that the process is quick and easy. Ultimately, the steps are similar for deposits and withdrawals, so once you’ve funded your account, getting your winnings out doesn’t take much effort.
For guidance on making a 22bet withdrawal, follow these straightforward steps:
- Log into your account via the website or the 22bet app.
- Click/Tap on your Account Settings.
- Select the Withdraw option from the menu.
- *Choose the payment method that you want to use.
- Enter the amount you want to withdraw.
- Complete the required payment details. After doing this once, they will be saved for future withdrawals.
- Click/Tap Withdraw to complete the transaction.
*If possible, 22bet instructs customers to use the same payment method for both deposits and withdrawals, so this choice may already be made for you.
22bet Withdrawal Methods
With Nigerian banks refusing to acknowledge Bitcoin and other cryptocurrencies, 22bet has now removed this as one of its payment methods in this country. However, there are still numerous withdrawal options at your disposal, including:
|Payment Method||Type||Minimum Withdrawal||Processing Time||Withdrawal Fee|
|VFD Microfinance Bank||Internet banking||€1.5||15 mins||none|
|Rubies MFB||Internet banking||€1.5||15 mins||none|
|Polaris Bank||Internet banking||€1.5||15 mins||none|
|Kuda Bank||Internet banking||€1.5||15 mins||none|
|Globus Bank||Internet banking||€1.5||15 mins||none|
|Enterprise Bank||Bank transfer||€1.5||15 mins||none|
|Mainstreet Bank||Bank transfer||€1.5||15 mins||none|
|ASO Savings & Loans||Bank transfer||€1.5||15 mins||none|
|Access Bank PLC||Bank transfer||€1.5||15 mins||none|
For reference, the minimum withdrawal amount of €1.5 is approximately 750 Nigerian naira.
How To Withdraw From 22bet Account To Your Bank Account
With regular e-wallets not as popular in Nigeria, as they are in some other countries, the primary withdrawal options are internet banking and bank transfers. The process for using these is effectively the same. Here’s a run-through of the steps.
- Access your 22bet account either via the app or website.
- From the Account Settings, select Withdraw from the menu.
- Choose the local bank that you have an account with.
- Enter the withdrawal amount.
- If not saved, type in your bank account number and account name.
- Hit Withdraw to finalise the transaction.
How Do I Withdraw Money From 22bet Via SMS?
At the time of writing, the brand doesn’t offer the option to withdraw via SMS. If and when this changes, this review will be updated with all the relevant information.
What Are 22Bet Withdrawal Rules?
Akin to the 22bet registration, there are certain rules that apply to withdrawals. These minimum and maximum withdrawal limits, wagering, and KYC through the 22bet verification process.
What is the Minimum Withdrawal on 22bet?
22bet Nigeria states in its terms and conditions that the minimum withdrawal limits vary for different payment methods. However, based on this review, most options have a min. Withdraw amount of €1.5, which is approximately 750 Nigerian naira.
A point of note is that you don’t need to worry about currency conversions because all values are displayed in naira when you’re logged into your account.
How Much Is 22bet Maximum Withdrawal?
For both deposits and withdrawals, the maximum limit depends on the payment option. That said, as most 22bet withdrawals are bank transfers, players can expect fair limits.
Something to consider, however, is that the operator also imposes its own maximum withdrawal limits, which may differ from the payment method’s limits.
Place Bets Before Withdrawing
As a licenced and regulated betting company, 22bet Nigeria’s withdrawal policy states that players must place bets with their deposited funds before making a withdrawal. This is to prevent money laundering, so this is a perfectly fair stipulation on the bookmaker’s side. However, for new bettors, it’s still worth knowing this piece of the small print for reference.
Can I Cancel A Bet?
Many bettors wonder if it is possible to cancel 22bet withdrawals. The answer is that it depends on the withdrawal status. If the request has already been processed, meaning the funds have been cleared and sent, then it is not possible to cancel it.
However, if the withdrawal hasn’t been processed, players can contact customer support and ask for it to be cancelled. 22bet doesn’t offer a method for players to manually reverse their withdrawals.
How Long Does It Take To Withdraw From 22bet?
On the payment methods page, it says that the processing time is 15 minutes for all withdrawal options. Of course, this doesn’t mean players receive their winnings that quickly. Generally speaking, e-wallets (if available) are the fastest of the withdrawal methods.
As 22bet Nigeria primarily offers bank transfers and internet banking, players have to wait between one to seven days. With these being local bank transfers, it usually only takes one or two days maximum.
Do I Need an ID To Withdraw From 22bet?
This is somewhat of a grey area, as some withdrawal options may require ID and others won’t. Furthermore, it depends on the amount you want to withdraw as well. Typically, ID verification is necessary for larger withdrawals.
Ultimately, 22bet clarifies in its terms that verification can be requested at any time. The documents (copies) required for the verification process are:
- Photo ID
- Photo/screenshot of payment methods
- Photo/screenshot of a document that bears your current address.
Additionally, in certain cases, 22bet may ask for verification of proof of funds, but this is usually reserved for high-rollers.
To upload your documents, use the uploader found under the Documents tab in your account settings. The verification checks should be completed within one or two days.
22bet Withdrawal Problem
If you follow the rules outlined above, you shouldn’t experience any issues with your withdrawal. Here’s a brief checklist:
- Use the same deposit and withdrawal methods
- Make sure the amount you are withdrawing is within 22bet’s minimum and maximum limits.
- Don’t request a withdrawal before placing a bet.
- If you have an active deposit bonus, you need to cancel it before withdrawing your cash balance.
Why Is My 22bet Withdrawal Pending?
The chances are that your 22bet withdrawal is pending because of one of the reasons listed above. Go through each option to ensure everything is in order. Firstly, check that you are using the payment method. Also, this has to be in your name – and the name should match your betting account.
The second point is invalid because the limits are highlighted when you enter your withdrawal amount. You won’t be able to move past this section until you enter a valid withdrawal amount.
22bet will check that you have bet your deposit. If you haven’t, this is a reason for the request to remain pending or even be declined. The same applies to having an active bonus with wagering requirements.
What Should I Do If I Can’t Withdraw From My Account?
There are two possible answers to this problem. It depends on the status of the withdrawal. If it has been processed by 22bet and sent, you’d need to speak with your bank to find out where the money is.
The other option is that the withdrawal has stalled with 22bet. Under these circumstances, you need to contact 22bet customer service to resolve the issue. Normally, it comes down to one of the points mentioned, so it should be easy to find a solution.
Why Was My Withdrawal Rejected And What Should I Do?
Your first action if your withdrawal is rejected is to contact customer support to find out the reason why. Once you know the reason, it will be easy to fix it. Furthermore, it’s worth clearing your browser’s cache and trying again. 22bet recommends trying this first to see if it works.